Year: 2018

U.S. wireless tower operators had a dream run in 2017. American Tower Corp. […]

Leading producer of construction aggregates in the United States, Vulcan Materials Company VMC has been expanding its footprint in the best markets in America via acquisitions. In line with this expansion strategy, Vulcan has acquired Aggregates USA, LLC for $900 million. […]

Beacon Roofing Supply Inc. BECN has completed the previously announced acquisition of CRH plc's CRH U.S distribution business, Allied Building Products Corp. for $2.6 billion. […]

On Jan 2, iRobot Corporation IRBT was upgraded to a Zacks Rank #2 (Buy) from a Zacks Rank #3 (Hold). Going by the Zacks model, companies carrying a Zacks Rank #2 have chances of performing better than the broader market over the next two to three months. Why the Upgrade? […]

Shares of Freeport-McMoRan Inc. FCX scaled a fresh 52-week high of $19.79 on Jan 2, before closing the day at $19.77. […]

PPG Industries, Inc. PPG announced that it has reached a definitive agreement to acquire Netherlands-based leading architectural paint and coatings wholesaler, ProCoatings. The transaction is expected to close in first-quarter 2018, subject to customary closing conditions […]

On Jan 2, we issued an updated research report on TCF Financial Corporation TCF . The company’s digitization efforts to fulfill customer requirements and solid organic growth indicate its upside potential. Though escalating expenses and declining fee income remain concerns, the company’s strong capital position keeps it well poised to undertake opportunistic growth ventures […]

The merger of MoneyGram International Inc. MGI with Ant Financial Services Group has met a dead end after the deal was shown a red flag by the Committee on Foreign Investment in the United States (CFIUS). […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]

Avery Dennison Corporation AVY looks poised to be a good investment in 2018. Its consistent execution of strategies continues to enhance competitive advantage while driving profitable growth. Focus on productivity, acquisitions, aggressive cost control and share repurchases are also likely to drive results. […]

General Electric Company GE is poised to introduce newer and smarter lighting technology solutions in 2018. Several of the new C by GE connected lighting solutions, which enhances the security and convenience of any room through voice control and scheduling, will be available in the commercial market in the latter half of the year. […]

On Dec 29, 2017, Entellus Medical Inc. ’s ENTL shares reached a high of $25.58, closing the session nominally lower at $24.39. The company’s shares have returned 26.5% over the last year, higher than the S&P 500 index’s gain of 18.3%. […]

Shares of Trevena, Inc. TRVN rallied almost 24.5% in after-market trading on Jan 2, following the company’s announcement that the FDA has accepted the new drug application (“NDA”) for its pain therapy, Olinvo injection. Olinvo is an opioid-based analgesic administered intravenous and also the first G protein biased ligand of the mu receptor. […]

On Jan 2, we issued an updated research report on Paylocity Holding Corporation PCTY . Notably, Paylocity holds a significant position in the payroll processing and human capital management market backed by its strong product suite. The robust product portfolio has helped in expansion of the company’s clientele, which eventually resulted in 25% year-over-year growth in fiscal first-quarter 2018 revenues […]

The semiconductor was among the best performing industries in 2017, with IShares PHLX Semiconductor ETF SOXX gaining 38.4%, outperforming the S&P 500 and Technology Select Sector SPDR Fund XLK returns of 18.4% and 32.2%, respectively. This impressive rally was mainly driven by escalating demand for chips used in cloud-based platforms, Artificial Intelligence (AI) tools, Augmented/Virtual (AR/VR) reality devices, autonomous cars, advanced driver assisted systems (ADAS), as well as Internet of Things (IoT) related software and hardware. […]

SUPERVALU INC. SVU is scheduled to report third-quarter fiscal 2018 results on Jan 10, before market opens. […]