McCormick (MKC) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items […]
Ball Corporation BLL is poised to gain from its encouraging outlook for the current year, strong demand for aluminum packaging, solid backlog in the aerospace segment, new products and focus on cost-cutting actions. However, headwinds related to foreign-currency exchange, higher freight rates and tight metal supply in the United States remain concerns. Ball Corporation currently carries a Zacks Rank #3 (Hold) and has a VGM Score of B. […]
Juniper Networks, Inc. JNPR recently augmented the network capabilities of Telefonica UK, a leading telecommunications service provider in the United Kingdom, for the likely rollout of 5G services across the country. The improvement in infrastructure facilities is expected to reduce the complexity of the network, while increasing operational flexibility and efficiency of Telefonica UK, which is owned by Madrid-based Telefonica, S.A […]
Welltower, Inc. WELL recently teamed up with CareMore, in a bid to integrate senior housing with the Medicare Advantage landscape. […]
The banking sector’s performance has been quite bumpy so far in 2019. The significant turnaround witnessed in the first half was eventually offset by escalation of the U.S.-China trade war, uncertainty over Brexit and fears of global economic slowdown. […]
Wall Street bulls raged forward in the first three quarters of 2019 crossing several tough hurdles such as heightened trade conflict, global economic slowdown and government yield curve inversion along with a slowing U.S. economy and declining corporate profit. These are no small achievements after a disappointing 2018. […]
Forever 21 filed for Chapter 11 bankruptcy protection earlier this week, reporting more than $1 billion in liabilities. The fast fashion retailer, which rose to popularity banking on its frequent new styles and affordable fashion, was weighed down by its rapid real estate expansion, consumers’ changing preferences and new competition from an emerging threat — the $24 billion used clothes market. More Traditional Shoppers Move Online A major reason for Forever 21’s fall is attributed to its inability to adapt to changing consumer preferences […]
Turk & Company Advises Mid South Title on Acquisition of Landmark Title Acquisition will expand Mid South’s footprint PR Newswire DENVER, Oct. 1, 2019 DENVER , Oct. […]
Salsify Acquires B2B Ecommerce Consultancy B2X Partners Esteemed global thought leader Justin King joins Salsify as Vice President of B2B Strategy PR Newswire BOSTON, Oct. 1, 2019 BOSTON , Oct. 1, 2019 /PRNewswire/ — Salsify , a product experience management (PXM) platform that helps brands win on the digital shelf, today announced it has acquired Baltimore -based B2X Partners, a global B2B ecommerce consultancy for brand manufacturers and distributors led by recognized thought leader Justin King . […]
VT Group Enhances Naval Modernization Capabilities with Acquisition of DELTA Resources, Inc. Combination Will Create Leading Provider of Full Lifecycle Naval Engineering Services PR Newswire CHANTILLY, Va., Oct. 1, 2019 CHANTILLY, Va […]
Novelis Receives Approval from European Commission for Proposed Acquisition of Aleris Approval Conditioned on Sale of Aleris’ Plant in Duffel, Belgium PR Newswire ATLANTA, Oct. 1, 2019 ATLANTA , Oct. 1, 2019 /PRNewswire/ — Novelis Inc., the world leader in aluminum rolling and recycling, today announced that the European Commission has approved its proposed acquisition of Aleris Corporation. […]
Xenon Pharmaceuticals Inc. XENE has been struggling lately, but the selling pressure may be coming to an end soon. That is because XENE recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom […]
Mohawk Group Holdings, Inc. MWK has been struggling lately, but the selling pressure may be coming to an end soon. That is because MWK recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. […]
KalVista Pharmaceuticals, Inc. KALV has been struggling lately, but the selling pressure may be coming to an end soon. That is because KALV recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. […]
Despite severe volatility in Wall Street, national wireless service providers have performed reasonably well so far in 2019. A growing U.S. economy speeds up demand for real-time voice, data, and video manifold […]
In recent years, people across the world have demanded faster downloading speed and uninterrupted network, which 5G technology is about to provide very soon. The recent boom in 5G technology will reap profits for telecommunication companies and smartphone developers as people dump old technology to receive upgraded services. […]
Addus HomeCare Completes Purchase Of Hospice Partners Of America Transaction Adds Hospice Services through 21 Locations Across Six States, Producing Annualized Revenue of Approximately $55 Million PR Newswire FRISCO, Texas, Oct. 1, 2019 FRISCO, Texas , Oct. 1, 2019 /PRNewswire/ — Addus HomeCare Corporation (NASDAQ: ADUS), a provider of comprehensive home care services, today announced that it has completed the purchase of Hospice Partners of America, LLC, a multi-state provider of hospice services headquartered in Birmingham, Alabama , for a cash purchase price of $130.0 million , representing $118 .4 million of value, net of the present value of $11.6 million of estimated tax benefits […]
Broadridge Adds Cryptocurrency and Exchange Traded Derivatives Capabilities Acquires Shadow Financial Systems to Extend Industry-Leading, Multi-asset Post-Trade Capabilities PR Newswire NEW YORK, Oct. 1, 2019 NEW YORK , Oct. […]
Algonquin Power & Utilities Corp. Completes Acquisition of New Brunswick Gas PR Newswire OAKVILLE, ON, Oct. 1, 2019 Acquisition of 24 th regulated utility since 2009 further positions the company for growth Highlights: Acquisition continues expansion of APUC’s regulated natural gas distribution footprint and marks its first utility operation in Canada Commitment to maintain local employment and the continued safe, reliable natural gas distribution to over 12,000 customers Establishment of C$5 million ” Fuel for the Future ” fund, to increase accessibility of natural gas in New Brunswick OAKVILLE, ON , Oct […]
Dividend-paying securities are a major source of consistent income for investors when returns from the equity market are at risk. This is because investors can enjoy rising current income while anticipating capital appreciation irrespective of market conditions. Honing in on growth in this approach leads to a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend-paying stocks or those with high yields […]
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