Month: August 2019

PPG Industries Inc. PPG announced the debut of PPG Aquacron 270 Series waterborne acrylic sanding primer. It is a single-component, fast-drying primer for interior wood, wood-related and plastic products […]

Magellan Health, Inc.’ s MGLN strategic initiatives to rake in growth seems to be slowly taking off. Though the company has sustained declining earnings and revenues for the first nine months of 2019, investors’ have been cognizant of the green shoots appearing in its Pharmacy Management business and greater clarity for its overall business performance. Increased visibility for business growth in the second half of 2019 have supported the stock price gain of 7.8% compared with the industry ’s decline of 5.4%. […]

Hawaiian Electric Industries, Inc .’s HE subsidiaries have undertaken the largest renewable energy-procurement effort. This initiative will enable the state to achieve its goal of using 100 % renewable energy by 2045 by stopping coal usage and reducing dependency on imported oils for power generation. […]

Ionis Pharmaceuticals, Inc. IONS announced that it has out-licensed its antisense medicine candidates for treating patients with chronic hepatitis B (CHB) virus infection to pharma giant GlaxoSmithKline plc GSK . Following positive phase II results, Glaxo exercised its option to in-license the same. […]

First American Financial FAF is poised for long-term growth on the back of increased demand among millennials for first-time home purchases, improved rate environment, strength in commercial business and effective capital deployment. The company has an impressive VGM Score of A. This style score helps to find the most attractive value, best growth, and most promising momentum stock. […]

JPMorgan JPM intends to sell one of its credit-card portfolios, with about $1 billion in receivables, which was built in partnership with a non-profit organization AARP. This was first reported by Bloomberg, citing persons familiar with the matter. AARP, which was earlier recognized as the American Association of Retired Persons, comprises 38 million members […]

On Aug 27, we issued an updated research report on Emergent BioSolutions Inc. EBS . Emergent’s newly acquired product Narcan (naloxone HCl) nasal spray has been performing well and made a significant contribution to the company’s top line during the first half of 2019 […]

The list of governments and their lists of concerns about Facebook FB continue to grow even as the company does everything possible to remain dominant and generate solid results quarter upon quarter. Investors love the solid results part while remaining wary of government actions and user reactions. […]

The investment pattern of new-age investors is gradually tending toward hybrid investment from pure play theories like growth or value. According to them, over the long term, this mixed strategy seeks to offer an ideal investment by utilizing the best features of both value and growth investing. GARP (growth at a reasonable price) investment, often known as a special case of value investment, is gaining popularity among new generation stakeholders. […]

Momo Inc. MOMO reported second-quarter 2019 non-GAAP earnings per American Depositary Share (ADS) of 82 cents, which beat the Zacks Consensus Estimate by a dime. However, the figure declined 39.3% from the year-ago quarter […]

Qualcomm Incorporated ’s QCOM wholly owned subsidiary — Qualcomm Technologies, Inc. — recently announced its Networking Pro Series platforms. This represents the chipmaker’s second-gen Wi-Fi 6 networking offerings, developed to deliver the optimum Wi-Fi 6 connectivity experience across a diverse range of applications. […]

Microsoft MSFT recently sent out invites reading “Save the date.10.02.2019,” featuring stylized Windows logo. Notably, Microsoft had hosted a similar event last fall, in New York City. […]

Hewlett Packard Enterprise Company HPE delivered third-quarter fiscal 2019 non-GAAP earnings of 45 cents per share, beating the Zacks Consensus Estimate of 40 cents as well as the year-ago quarter’s 42 cents. However, net revenues of $7.22 billion declined 7% on a year-over-year basis and also missed the Zacks Consensus Estimate of $7.29 billion. In constant currency (cc), revenues slid 3% year over year […]

Despite global economic slowdown and rising land and labor costs, the U.S. housing industry is expected to perform well on the back of the Federal Reserve’s dovish stance and declining mortgage rates. Rising wages and lower unemployment level are also adding to the bliss. […]

Fiserv FISV has performed well so far this year and has the potential to sustain the momentum in the near term as well. Consequently, if you have not taken advantage of its share price appreciation yet, it’s time you add the stock to your portfolio. […]

RenaissanceRe Holdings Ltd. RNR has been in investors’ good books on the back of rising premiums and inorganic growth initiatives. Year to date, this Zacks Rank #2 (Buy) company has surged 39.5%, outperforming its industry ’s growth of 1.8%. […]

Construction Partners, Inc. ROAD has been riding high on the back of solid and consistent execution of its business model, and growth strategy. […]

Ralph Lauren Corporation RL is losing sheen for a while, thanks to persistent softness at its North America segment, particularly the digital business. Moreover, a volatile global retail backdrop along with adverse foreign currency translations remains a concern. Quite apparent, shares of this leading designer and marketer of premium lifestyle products have lost 36.7% in a year, wider than the industry ’s 18.6% decline […]