Year: 2018

Consumer confidence took a hit this December, stumbling to the lowest level since July owing to issues like the U.S.-China trade conflict, volatile crude prices, tightening of monetary policy, partial government shutdown and slowing global economy. Fading of tax-cut benefit and concerns related to the moderating pace of economic growth in 2019 were other dampening factors. […]

Choice Hotels International, Inc. CHH recently announced the opening of Sleep Inn & Suites Yukon hotel in Okla under its midscale brand Sleep Inn. […]

Horizon Pharma plc HZNP announced that the FDA has approved a supplemental new drug application (sNDA) to expand the age range for Ravicti (glycerol phenylbutyrate) Oral Liquid to include infants younger than two months, living with a urea cycle disorder (UCD). We remind investors that Ravicti is already approved by the FDA for use as a nitrogen-binding agent for chronic management of UCDs in adult and pediatric patients older than two months of age with UCDs that cannot be managed by dietary protein restriction and/or amino acid supplementation alone. With the current approval, Ravicti can now be used for chronic management of UCDs in adults and children of all ages […]

Campbell Soup Company ’s CPB unimpressive run may stop you from considering it as an investment option, but a closer look at its fundamentals might change your mind. Although the shares of this premium convenience food products provider have lost 28% this year compared with the industry ’s decline of nearly 20%, one cannot ignore the stock’s robust endeavors and solid prospects. This is also nicely reflected by the company’s Zacks Rank #2 (Buy) […]

As we get ready to welcome 2019, apprehensions about expected global economic slowdown and persisting uncertainties surrounding trade the United States-China trade war are looming over the Wall Street and creating volatility in the financial markets. Many economists believe that 2019 will be full of hurdles and the U.S. economy may witness a slowdown or recession […]

The Zacks Food – Miscellaneous industry hasn’t been in its best shape in 2018. Matters have been sour for most food companies, thanks to stiff competition and rising expenses stemming from input materials, freight and promotional activities. Incidentally, the Food – Miscellaneous industry has witnessed a decline of 19.8% year to date and the broader Zacks S&P 500 Composite lost 5.8%. […]

Shares of ABM Industries Incorporated ABM have gained 5.7% in the past six months, against the industry ’s decline of 15%. The company delivered impressive fourth-quarter fiscal 2018 results, with earnings and revenues beating the Zacks Consensus Estimate. Adjusted earnings per share (EPS) of 58 cents beat the consensus estimate by a penny and improved 56.7% on a year-over-year basis. […]

Betting on bargain stocks that have a low price-to-earnings (P/E) ratio is a convenient investment approach. The perception is that the lower the P/E, the higher is the value of the stock. This inference is drawn on the simple logic that a stock’s current market price does not justify (is not equivalent to) its higher earnings and therefore has room to run. […]

First Financial Bankshares FFIN seems to be an attractive pick now on the back of revenue strength and solid balance sheet position. Further, its earnings growth prospects and efforts to enhance shareholder value are encouraging. […]

Moelis & Company MC is well poised for revenue growth, supported by strategic partnerships and global growth initiatives. However, elevated expenses are likely to hurt bottom-line growth. […]

Wells Fargo & Company WFC is on track to continue performing operations smoothly post Brexit, as it recently obtained permission from the financial regulator of Luxembourg for expansion of its asset management business in the country. With this move, Wells Fargo will be able to open new branches in Frankfurt and Paris and smoothly serve its existing European Union (“EU”) clients. Also, the company will be able to serve European institutional investors with discretionary portfolio management and investment advisory services […]

On Dec 27, we issued an updated research report on Lazard Ltd. (LAZ). The company remains well poised to benefit from improving economic backdrop along with its consistent efforts to drive efficiency and revenues. […]

On Dec 28, we issued an updated research report on Woodward, Inc. WWD . The control solutions provider for the aerospace and industrial market has been investing significantly in technologies to secure new businesses […]