T-Mobile US TMUS CEO John Legere recently lambasted cable TV industry behemoths, Comcast CMCSA and Charter Communications CHTR for their shabby treatment of customers. He also hinted at plans to launch cable TV service in 2019. The wireless carrier has been anticipated to launch its own video service since the acquisition of Layer 3 TV in January 2018. […]
On Dec 27, we issued an updated research report on Conatus Pharmaceuticals Inc. CNAT . This San Diego-based company has no approved product in its portfolio at the moment and focuses on developing its lead pipeline candidate, emricasan […]
Phoenix Tower International acquires Syscom Telecom, adding over 80,000 marketable small cell wireless communication sites in the United States PR Newswire BOCA RATON, Fla., Dec. 28, 2018 BOCA RATON, Fla. , Dec. […]
eQuine Holdings Discloses 8% Stake In AngioSoma (SOAN) PR Newswire DALLAS, Dec. 28, 2018 DALLAS , Dec. 28, 2018 /PRNewswire/ — eQuine Holdings, a Class II Multi-Family Office, has disclosed an eight percent (8%) equity stake in AngioSoma (OTC-PINK:SOAN) […]
Shares of J. C. Penney Company, Inc . […]
The Hain Celestial Group, Inc . HAIN is concerned about dismal sales surprise history, stemming from softness in its U.S. segment […]
Acquisition Triggers Growth for Promotional Goods Supplier GBG When technology giant United Technologies (UTC) acquired aerospace supplier Rockwell Collins in November 2018 the effect on promotional goods supplier GBG was dramatic and swift. PR Newswire TRUMBULL, Conn., Dec. 28, 2018 TRUMBULL, Conn. […]
Cigna Corp. CI looks well poised to growth with the recent acquisition of Express Scripts, the pharmacy benefits manager, which has transformed it into a diversified health services company. The company’s existing businesses — administrative services, international operations, and disability and life insurance — are already performing strongly, and the addition of this new business will make it a sort of one-stop shop of healthcare needs. […]
The Boeing Company BA recently secured a $49.2-million contract under the Foreign Military Sales program to provide maintenance augmentation team services for the Qatari Air Force’s AH-64E Apache aircraft. The contract was awarded by the U.S. Army Contracting Command, Redstone Arsenal, AL […]
Netflix NFLX has been the best-performing FAANG stock in 2018, thanks to its impressive content portfolio that is well-supported by a whopping budget. The company is expected to have 1000 originals — movies and television shows — on its streaming platform by the end of this year. […]
McCormick & Company, Incorporated MKC is one of the few companies that managed to brave the Food – Miscellaneous industry’s hurdles this year. With its robust strategic endeavors in place, this Zacks Rank #2 (Buy) stock has returned a solid 39.2% year to date, whereas the industry declined close to 20%. Clearly, there are some solid factors that have been backing this provider of spices, seasonings, specialty foods, and also keeping it well positioned for 2019 […]
Telehealth leader, Teladoc Health, Inc. TDOC is poised for good growth in 2019 after making a strong finish to the year 2018. The company by virtue of its expansive virtual care delivery solution is poised to grow in the rapidly growing telehealth industry […]
Amazon AMZN continues to gain significant momentum in this holiday season, courtesy of robust e-commerce platform and aggressive retail strategies. The company’s recent announcement of record-breaking holiday sales hints at an outstanding performance in this season. […]
Encana Corporation ECA recently completed the divestment of its San Juan assets located in New Mexico to DJR Energy, LLC, which is a private Denver-based exploration and production company created in 2017. Per the deal, Encana vended 182,000 net acres, which accounted for 5,400 barrels of oil equivalent per day (72.2% liquids) of average production in 2017. The proceeds from the $480-million divestment are expected to increase the company’s financial strength […]
Visa Inc. V recently announced its bid to purchase Earthport Plc. for 198 million pounds or $250.6 million. […]
We issued an updated research report on Norfolk Southern Corporation NSC on Dec 26. While volume growth buoy optimism on the stock, issues like escalated debt levels raise concerns. Let’s discuss in details the factors influencing the company’s performance. […]
Pure Storage PSTG is benefiting from adoption of its strong product portfolio including the likes of FlashArray and FlashBlade. Additionally, the company’s data platform for cloud is gaining traction. In fact, the company introduced cloud-based services last month in a bid to provide a hybrid storage architecture, which eliminates the rigidity of choosing either on-premise or cloud infrastructure. […]
The outsourcing industry is currently benefitting from higher demand for expertise to improve efficiency and reduce costs. Post the 2017 tax reform, the U.S. outsourcing companies are increasingly allocating tax savings toward investments in digital and artificial intelligence as well as cloud and blockchain. […]
Reportedly, Apple Inc. AAPL will use Foxconn’s local unit to assemble top-end iPhone products, including iPhone XR, iPhone XS, and iPhone XS Max, in India in 2019. The tech giant is expected to invest $356 million in a manufacturing facility in the state of Tamil Nadu. […]
Ecopetrol S.A. EC has redeemed in advance the entire 10-year international bond issued in 2009, in sync with the announcement made on Nov 27, 2018 Per the terms of the bond, the redemption price was $1,025.48 on principal amount of $1,000, corresponding to about $1.5 billion. Additionally, accrued interest as of the redemption date of $32.62 per $1,000 principal amount corresponds to $48,927,083.33 […]
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