Columbia Sportswear Company COLM is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for COLM broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 21.8% in the past four weeks […]
Signature Bank SBNY is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for SBNY broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 9.3% in the past four weeks. […]
Wilbur-Ellis Company LLC Acquires Wiles Brothers Fertilizer, Inc. National Distributor Acquires Full-Service Agribusiness Retailer PR Newswire PLATTSMOUTH, Neb., Feb. 28, 2019 PLATTSMOUTH, Neb. […]
The Kraft Heinz Company ( KHC ) saw its stock price plummet last week after it reported dismal fourth quarter financial results. Now, the packaged food giant’s future looks less than bright as it tries to navigate shifting consumer habits and move beyond some self-inflicted wounds. Overview Kraft Heinz saw its stock price tumbled 27% last Friday after its reported worrisome Q4 results Thursday […]
Shares of Zebra Technologies Corporation ( ZBRA ) have surged 27% this year, and the company’s tracking technology looks poised to grow as part of the broader Internet of Things expansion. Overview & Recent News Zebra Technologies sells tablets, barcode scanners, RFID products, location-tracking tech, and many other hardware offerings to a variety of industries, including healthcare, retail, transportation, and manufacturing. The Lincolnshire, Illinois-based firm refers to itself as an enterprise asset intelligence company and aims to help its customers track and manage inventory, streamline supply chains, and much more […]
Amerimark Interactive Acquires Harriet Carter Gifts and Fresh Finds e-Commerce Brands PR Newswire CHICAGO, Feb. 28, 2019 CHICAGO , Feb. 28, 2019 /PRNewswire/ — Amerimark Interactive (“AI”), the leading interactive commerce company offering high-quality products to consumers who are 50+ years in age and enjoy an engaging direct marketing experience, announced today the acquisition of e-commerce brands Harriet Carter Gifts and Fresh Finds […]
Fluor Corporation FLR has received an engineering, procurement and construction management services or EPC contract by SABIC to recommission its polyphenylene ether (“PPE”) resin plant in Bergen op Zoom, the Netherlands. Fluor will support SABIC’s proprietary family of modified compounds, NORYL resins, which are in high demand for its unique technology. The company will help SABIC to provide customers with a second source of NORYL resins across the world, especially in the European market. […]
HARDCAR Distribution Appoints New COO, Salvatore Moccia, Also Purchases Northeast Security Company, Increasing Footprint in US Cannabis Market HARDCAR is making moves and preparing for the future of cannabis in the United States by hiring a new COO with a proven track record of success, as well as picking up new acquisitions to expand the company’s territory. PR Newswire PALM SPRINGS, Calif., Feb. 27, 2019 PALM SPRINGS, Calif […]
Weatherford Completes Sale of Algeria Land Drilling Rigs PR Newswire BAAR, Switzerland, Feb. 27, 2019 BAAR, Switzerland , Feb. […]
Endo Announces Termination of Acquisition Agreements with Somerset Therapeutics and Business of Affiliate Wintac Limited PR Newswire DUBLIN, Feb. 27, 2019 DUBLIN , Feb. 27, 2019 /PRNewswire/ — Endo International plc (NASDAQ: ENDP) today announced that its subsidiaries, Endo Ventures Limited, Par Pharmaceutical, Inc. […]
Fomento Economico Mexicano, S.A.B. de C.V. FMX or FEMSA’s Cadena Comercial OXXO S.A. […]
Over the past week, mergers and acquisitions have grabbed headlines in the biotech sector. Shares of Spark Therapeutics and Clementia soared on buyout offers from Roche and Ipsen. Meanwhile, as the earnings cycle draws to an end, regular pipeline updates and data read outs are also in the news. […]
Univar Shareholders Approve Acquisition of Nexeo Solutions All Regulatory Conditions Satisfied; Transaction Expected to Become Effective at 11:58 p.m., Eastern Time, on February 28 PR Newswire DOWNERS GROVE, Ill., Feb. 27, 2019 DOWNERS GROVE, Ill., Feb. 27, 2019 /PRNewswire/ — Univar Inc. […]
Western Gas Partners, LP Unitholders Approve Merger with Western Gas Equity Partners, LP Combined partnership’s common units to trade under ticker symbol “WES” PR Newswire HOUSTON, Feb. 27, 2019 HOUSTON , Feb. 27, 2019 /PRNewswire/ — Western Gas Equity Partners, LP (NYSE:WGP) and Western Gas Partners, LP (NYSE:WES) today announced that at a special meeting of WES’s unitholders held earlier today, WES’s unitholders voted to approve and adopt the Contribution Agreement and Agreement and Plan of Merger, dated as of November 7, 2018 (the “Merger Agreement”), pursuant to which a wholly owned subsidiary of WGP will merge with and into WES, with WES continuing as the surviving entity and a subsidiary of WGP (“the Merger”) […]
McDermott International, Inc. MDR recorded fourth-quarter 2018 loss of $1.55 per share, significantly lagging the Zacks Consensus Estimate of earnings of 21 cents. Moreover, the bottom line deteriorated sharply from the prior-year earnings of 32 cents per share. […]
Callon Petroleum Company CPE posted fourth-quarter 2018 adjusted earnings of 17 cents per share, missing the Zacks Consensus Estimate by 5 cents. The weaker-than-expected earnings can be attributed to increased expenses. […]
Shares of Mallinckrodt Public Limited Company MNK gained 10.2% after it delivered better-than- expected results for the fourth quarter of 2018. The company reported adjusted earnings of $2.18 per share in the quarter under review, up from the year-ago quarter’s tally of $2.01. […]
Theravance Biopharma, Inc. TBPH incurred a loss of 92 cents per share in fourth-quarter 2018, narrower than the Zacks Consensus Estimate of a loss of $1.12 and the year-ago loss of $1.64. Total revenues in the quarter under review skyrocketed 248.5% year over year to $15.7 million, mainly on the back of an upfront payment received from Johnson & Johnson JNJ in relation to a joint development agreement for Theravance’s pan-Janus kinase inhibitor, TD-1473 […]
Dril-Quip Inc DRQ reported fourth-quarter 2018 adjusted loss per share of 4 cents, which was narrower than the Zacks Consensus Estimate of a loss of 23 cents. The company reported earnings of a penny in the year-ago quarter. The company registered total revenues of $97.3 million compared with $107.9 million in the year-ago quarter […]
The TJX Companies, Inc. TJX posted fourth-quarter fiscal 2019 results, wherein earnings and sales benefitted from continued improvement in customer traffic. […]
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