Stock Analysts
Lamb Weston Acquires Marvel, Enhances Global Capabilities
In a bid to enhance its global capabilities, Lamb Weston Holdings, Inc. LW acquired Marvel Packers Pty Ltd (Marvel) — a frozen potato processor in Australia. […]
Year: 2018
Stock Analysts
Hershey Rides on Acquisitions, Innovations and Cost Savings
The Hershey Company HSY is benefiting from well-planned buyouts that have been strengthening its portfolio. The company plans to continue fortifying its acquired businesses and add new products through innovations. […]
Stock Analysts
Host Hotels Sells Stake in European JV, Sheds Global Exposure
Host Hotels & Resorts, Inc. HST recently announced the closing of the sale of its 33% stake in the European joint venture (JV) to its partners. The move comes as part of the company’s efforts to shed its portfolio of assets situated outside the nation and rather focus on the U.S […]
Technicals
Why Abbott (ABT) Could Beat Earnings Estimates Again
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Abbott (ABT), which belongs to the Zacks Medical – Products industry. This maker of infant formula, medical devices and drugs has an established record of topping earnings estimates, especially when looking at the previous two reports […]
Stock Analysts
Trimble Partners With MODERN, Boosts Fields Solution Segment
Trimble TRMB recently collaborated with MODERN to increase transparency between customers and dealers by integrating automated text communications through Trimble PULSE solutions. Moreover, the integrated solution is expected to meet growing demands of equipment dealers and bolster the company’s Fields solution segment. The solution is easy to implement and requires no change in existing technician, making it feasible […]
Stock Analysts
United Continental (UAL) Surges 21% in a Year: Here’s Why
Shares of United Continental Holdings, Inc . UAL have fared well in a year’s time. The stock has gained 21.1% against the industry ’s decline of 27.3%. […]
Stock Analysts
Forget Kellogg (K), Buy these 3 Food Stocks Instead for 2019
Weighed down by weak units and high expenses, Kellogg Company K was quite the dampener for investors this year. This renowned food company, specializing in cereals and snacks, tumbled 12.4% on a year to date basis, while the industry declined nearly 19.2%. Further, management trimmed earnings view for 2018. […]
Stock Analysts
Nissan to Slash Mexican Workforce for Challenging Conditions
Per Reuters, Nissan Motor Company NSANY will slash 1,000 workers at its two plants in Mexico. Situated in Cuernavaca and Aguascalientes of Mexico, these two manufacturing hubs will lay off their workforce, owing to challenging market environment. In fact, Nissan has already commenced with the process of reducing its workforce in the Aguascalientes plant. […]
Stock Analysts
Perrigo Plunges on $1.9B Tax Bill From Irish Government
Perrigo Company plc PRGO announced that the Irish Office of the Revenue Commissioners has issued a Notice of Amended Assessment for a tax liability of $1.9 billion (€1.636 billion) related to Elan Pharma, the entity which Perrigo acquired in 2013. Shares of the company plunged almost 30% on Dec 21, following the news of such huge tax liability. Perrigo’s shares are down 57.5% so far this year compared with the industry ’s decline of 9.2%. […]
Stock Analysts
Foot Locker a Solid Bet for 2019 on Operational Strength
Foot Locker, Inc. FL is one of the widely recognized names in the athletic footwear and apparel industry. The company boasts a strong portfolio of leading brands under a variety of store banners that aids it to target specific markets and efficiently cater to consumer demand […]
Stock Analysts
Jazz (JAZZ) Falls as Sleep Drug Gets Extended Review From FDA
Jazz Pharmaceuticals plc JAZZ announced that the FDA has extended the review period of its new drug application (“NDA”) for its lead investigational therapy, solriamfetol (JZP-110), by three months to Mar 20, 2019. Currently, the company is looking to get solriamfetol approved as a treatment to improve wakefulness and reduce excessive daytime sleepiness in adult patients with narcolepsy or obstructive sleep apnea (“OSA”). Shares of Jazz plunged 11.3% following the announcement on Dec 21. […]
Technicals
Why Cadence Bancorp (CADE) Could Beat Earnings Estimates Again
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Cadence Bancorp (CADE), which belongs to the Zacks Banks – Southeast industry. This bank holding company has an established record of topping earnings estimates, especially when looking at the previous two reports […]
Technicals
Why Citizens Financial Group (CFG) is Poised to Beat Earnings Estimates Again
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Citizens Financial Group (CFG). This company, which is in the Zacks Financial – Savings and Loan industry, shows potential for another earnings beat. This bank has an established record of topping earnings estimates, especially when looking at the previous two reports. […]
Technicals
Why W.W. Grainger (GWW) is Poised to Beat Earnings Estimates Again
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering W.W. Grainger (GWW), which belongs to the Zacks Industrial Services industry. […]
Technicals
Will TE Connectivity (TEL) Beat Estimates Again in Its Next Earnings Report?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering TE Connectivity (TEL), which belongs to the Zacks Electronics – Miscellaneous Components industry. […]
Technicals
Will Royal Caribbean (RCL) Beat Estimates Again in Its Next Earnings Report?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Royal Caribbean (RCL), which belongs to the Zacks Leisure and Recreation Services industry. […]
Technicals
Can Progressive (PGR) Keep the Earnings Surprise Streak Alive?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Progressive (PGR), which belongs to the Zacks Insurance – Property and Casualty industry. When looking at the last two reports, this insurer has recorded a strong streak of surpassing earnings estimates […]
Technicals
Why P&G (PG) is Poised to Beat Earnings Estimates Again
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Procter & Gamble (PG), which belongs to the Zacks Soap and Cleaning Materials industry. […]
Technicals
Will Travelers (TRV) Beat Estimates Again in Its Next Earnings Report?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Travelers (TRV), which belongs to the Zacks Insurance – Property and Casualty industry. When looking at the last two reports, this insurer has recorded a strong streak of surpassing earnings estimates. […]
Technicals
Why Webster Financial (WBS) is Poised to Beat Earnings Estimates Again
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Webster Financial (WBS). This company, which is in the Zacks Banks – Northeast industry, shows potential for another earnings beat. When looking at the last two reports, this holding company for Webster Bank has recorded a strong streak of surpassing earnings estimates. […]