Month: January 2019

Lockheed Martin Corp. ’s LMT business unit Rotary and Mission Systems (RMS) has secured a contract from the U.S. Navy for modification of a previously awarded firm-fixed-price, cost-plus-fixed-fee, cost-reimbursable contract. […]

If you are still holding on to shares of Terex Corporation TEX in your portfolio, it is time you dump those as chances of favorable returns in the near term appear bleak. Terex has witnessed significant price decline over a year’s time owing to supply-chain challenges in mobile crane operations and higher input costs on account of the implementation of tariffs. Similar to wise buying decisions, offloading certain underperformers at the right time helps maximize portfolio returns […]

American International Group, Inc .’s AIG UK arm, namely AIG Life Limited recently closed the acquisition of Ellipse from Munich Re. However, terms of the transaction have been kept under wraps. Ellipse is a specialty provider of group life, critical illness and income protection in the United Kingdom. […]

On Dec 31, we issued an updated research report on Copart, Inc. CPRT . […]

Tenet Healthcare Corp. THC recently announced that it has entered a new, multi-year deal with Cigna Corporation CI . […]

On Dec 31, we issued an updated research report on Magna International, Inc. MGA . This Aurora, Canada-based manufacturer and supplier of automotive components is focusing on innovation and technology developments for future growth […]

We have issued an updated research report on Xylem Inc. XYL on Jan 2. This water solutions provider currently carries a Zacks Rank #4 (Sell) […]

Volatility persisted in the U.S. equity markets in 2018, with the year being dubbed the worst in a decade in terms of stock-market performance. […]

Wall Street staggered into 2019, leaving behind the worst year in a decade. Its three major benchmarks posted the worst annual performance since the financial crisis. The S&P 500, in particular, closed in the red for the first time in three years. […]

Windstream Holdings, Inc. WIN recently announced that it has monetized the legacy EarthLink consumer Internet business to reduce capital expenditure and focus on core operations. The business was sold for $330 million in cash to Trive Capital — a Dallas-based private equity firm […]

Bed Bath & Beyond Inc. BBBY is slated to release third-quarter fiscal 2018 results on Jan 9. […]

Constellation Brands, Inc. STZ is scheduled to release third-quarter fiscal 2019 results on Jan 9. […]

RPM International Inc. RPM is scheduled to report second-quarter fiscal 2019 results on Jan 4. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 39.5%. […]

FireEye, Inc. FEYE is benefiting from strong traction in the cybersecurity market, increased adoption of its services, growing clientele, and focus on shifting its business model to a subscription-based one. The company surpassed the Zacks Consensus Estimate in each of the trailing four reported quarters, the average being a whopping 125% […]