Stock Analysts

Semtech’s LoRa Technology to Connect IoT Devices in Brazil

Semtech Corporation SMTC recently announced that the company’s Low power, high Range (LoRa) devices and wireless radio frequency technology will be put to use in Brazil’s network, which is based on the LoRaWAN protocol, deployed by American Tower (ATC). LoRa Technology enables long-range connectivity of Internet of Things (IoT) devices and aids in connecting sensors to the cloud. […]

Stock Analysts

4 Reasons Why You Should Invest in PG&E Corp. (PCG) Right Now

Estimates for PG&E Corporation PCG have been revised upward in the past 60 days, reflecting analysts’ optimism in the stock. The Zacks Consensus Estimate for 2018 and 2019 earnings has moved 0.8% and 0.3% upward, respectively. The company is involved in the business of electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation and storage […]

Stock Analysts

Kosmos Takes FID for Greater Tortue Ahmeyim Project Phase 1

Kosmos Energy Ltd KOS along with its partners announced that a Final Investment Decision (FID) has been taken with respect to Phase 1 of the Greater Tortue Ahmeyim project. The partners including Kosmos, BP, Petrosen and SMHPM agreed to the final elements of the project at a meeting held in Nouakchott. Gas for the Greater Tortue Ahmeyim project will be produced from a deepwater subsea system and mid-water floating production, storage and offloading (FPSO) vessel, which will process the gas, eradicating heavier hydrocarbon components. […]

Stock Analysts

PotlatchDeltic (PCH) to Divest MDF Business for $92 Million

PotlatchDeltic Corporation PCH is all set to divest El Dorado Medium Density Fiberboard (“MDF”) business to U.S.-based wood products company, Roseburg Forest Products (“Roseburg”). The deal has a purchase price of approximately $92 million, of which $63 million will be funded in cash and $29 million in revenue bond obligations. The transaction is likely to close in the first quarter of 2019. […]

Technicals

Is VMware (VMW) Outperforming Other Computer and Technology Stocks This Year?

Investors focused on the Computer and Technology space have likely heard of VMware (VMW), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of VMW and the rest of the Computer and Technology group’s stocks. VMware is a member of the Computer and Technology sector […]

Technicals

Is On Deck Capital (ONDK) Outperforming Other Finance Stocks This Year?

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. On Deck Capital (ONDK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of ONDK and the rest of the Finance group’s stocks […]

Stock Analysts

Paychex (PAYX) Completes Oasis Outsourcing Acquisition

Paychex PAYX recently announced that it has completed the acquisition of Florida-based Oasis Outsourcing Acquisition Corporation for $1.2 billion. Oasis is one of the largest privately owned professional employer organizations (PEO) in the United States and a leading provider of human resources (HR) outsourcing services. The combined entity is anticipated to serve more than 1.4 million worksite employees through its various HR outsourcing services. […]

Stock Analysts

Maxwell Divests HV Product Line, to Focus on Ultracapacitors

Maxwell Technologies Inc. MXWL recently completed the sale of High Voltage (HV) product line to Renaissance Investment Foundation for $55.1 million in cash, in an attempt to streamline its operations. With this divestment, the company aims to centralize its focus on Ultra-capacitor product line and proceed with development efforts of the Dry Battery Electrode (DBE) technology […]

Stock Analysts

Alexion’s Ultomiris Gets Early FDA Nod for Rare Blood Disorder

Alexion Pharmaceuticals, Inc. ALXN announced that the FDA has approved Ultomiris (ravulizumab-cwvz/ALXN1210) for the treatment of adult patients with paroxysmal nocturnal hemoglobinuria (PNH), well ahead of its action date set for Feb 18, 2019. PNH, a rarely acquired disorder, causes rupture or destruction of red blood cells called hemolysis and can induce a wide range of debilitating symptoms and complications including blood clotting […]

Stock Analysts

Mallinckrodt’s Inhaled Xenon Gas Therapy Enters Phase III

Mallinckrodt plc MNK and partner NPXe Limited announced enrollment of the first patient in the phase III study of xenon gas for inhalation (XENEX) for Post Cardiac Arrest Syndrome (PCAS). XENEX is being evaluated to improve the functional outcomes and the survival rate of patients resuscitated after a cardiac arrest. The safety and effectiveness of xenon gas for inhalation for PCAS has not yet been established by the FDA […]