The transportation sector seems to be poised well not only in the near term but also in the long haul due to robust freight demand on the back of a strong economy. Substantial surge in manufactured goods, massive tax hauls and business friendly policies of the government is anticipated to fuel the transportation sector’s growth. Year to date, the Dow Jones Transportation Average Index (DJT) has grown more than 14% […]
Danaher Corporation DHR recently announced the offering of 11,000,000 shares of common stock at a price of $123.00 per share to the public. Also, the company declared pricing of 1,500,000 shares of 4.75% Series A Mandatory Convertible Preferred Stock offering at $1,000 per share to the public. Notably, a 30-day options will enable underwriters to buy up to an extra 1,100,000 shares of common stock, and up to an extra 150,000 shares of mandatory convertible preferred stock […]
Teladoc Inc. TDOC reported fourth-quarter 2018 loss of 35 cents per share, in line with the Zacks Consensus Estimate. The reported figure was lower than the year-ago quarter’s loss of 50 cents per share and below the company’s own forecast range of a loss of 36 cents to 3 cents per share […]
Monster Beverage Corporation MNST reported solid fourth-quarter 2018 results, wherein the top and bottom lines outpaced the Zacks Consensus Estimate and improved year over year. Notably, this marked the third straight positive earnings surprise with second consecutive sales beat. Following the earnings release, shares of the company increased about 7% in after-hours trading on Feb 27 […]
An Earnings Beat: Encana Corporation ECA reported earnings of 32 cents per share, ahead of the Zacks Consensus Estimate as well as the year-ago profit of 12 cents. Estimate Revision Trend & Surprise History: The stock had seen the Zacks Consensus Estimate for fourth-quarter earnings revised down by a penny over the last 30 days. Coming to earnings surprise history, the company has an impressive record: it has topped estimates in each of the last four quarters, with an average beat of 45.96%. […]
CenterPoint Energy, Inc. CNP is a Houston, TX-based energy delivery company that provides electric transmission & distribution, natural gas distribution and competitive natural gas sales and services operations. […]
Palo Alto Networks, Inc. PANW was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session […]
Investors in Campbell Soup Company CPB need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 1, 2019 $30.00 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility […]
Sarepta Therapeutics, Inc. SRPT was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. […]
Affinity Creative Group & Sterling Creativeworks Are Now One PR Newswire MARE ISLAND, Calif., Feb. 28, 2019 MARE ISLAND, Calif. […]
Callinex Announces Acquisition to Expand its Headway Project in the Bathurst Mining District PR Newswire VANCOUVER, Feb. 28, 2019 Highlights: Executed a purchase agreement to acquire the Headway North claim, which hosts the Pabineau Deposit, that significantly expands the Company’s Headway Project; The Headway Project shares a property boundary and similar geology with Glencore’s Brunswick No 12 mine, previously the world’s largest underground zinc mine; and Exploration has identified three high-priority drill targets and several untested near-surface electromagnetic anomalies. VANCOUVER , Feb. […]
Canfor closes VIDA Group of Sweden Acquisition Canada NewsWire VANCOUVER, Feb. 28, 2019 VANCOUVER , Feb. 28, 2019 /CNW/ – Canfor Corporation (TSX:CFP), further to the Company’s news release dated November 15, 2018 , announces that it has completed the purchase of 70% of the Vida Group (“VIDA”) of Sweden for a purchase price of 3,990 million Swedish Krona (approximately CAD$580 million ). […]
As of late, it has definitely been a great time to be an investor in Telenav, Inc. TNAV . […]
As of late, it has definitely been a great time to be an investor in Tenable Holdings, Inc. TENB . The stock has moved higher by 16.9% in the past month, while it is also above its 20 Day SMA too. […]
As of late, it has definitely been a great time to be an investor in Insight Enterprises, Inc. NSIT . The stock has moved higher by 4% in the past month, while it is also above its 20 Day SMA too. […]
As of late, it has definitely been a great time to be an investor in Plantronics, Inc. PLT . The stock has moved higher by 78.3% in the past month, while it is also above its 20 Day SMA too. […]
Kraton Corporation KRA logged a profit (attributable to the company) of around $17.5 million or 55 cents per share in the fourth quarter of 2018, down roughly 75% from a profit of $69.6 million or $2.17 per share a year ago. Barring one-time items, adjusted earnings came in at 67 cents per share for the reported quarter, falling short of the Zacks Consensus Estimate of 68 cents. […]
L Brands, Inc. LB reported fourth-quarter fiscal 2018 results, wherein top and bottom lines improved year over year and the latter marked its fifth consecutive quarter of positive surprise. However, results remained dismal in the company’s Victoria’s Secret business, which has long been battling competition and consumers’ changing preferences […]
Cincinnati Financial Corporation Announces Completion of MSP Underwriting Limited Acquisition PR Newswire CINCINNATI, Feb. 28, 2019 CINCINNATI , Feb. […]
Dime Community Bancshares, Inc. DCOM is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. […]
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