The TJX Companies, Inc. TJX has been benefiting from robust comparable sales (comps), courtesy of rise in consumer traffic and strong merchandising policies. Also, comps have been benefitting from the company’s robust off-price model, strategic store locations and impressive brand strategies […]
NuStar Energy L.P. NS chairman Bill Greehey acquired $15 million worth of stock in a transaction earlier this week. Details of the Purchase With this acquisition, Bill Greehey will now be holding 8.9% stake in the partnership. […]
Investors who wish to expand their investments in the U.S. defense sector might find it prudent to do so at this point, as demand for defense-related products remained high in October. Not only are defense programs emerging as top priority for the U.S […]
Shares of Arthur J. Gallagher & Co. AJG scaled a fresh 52-week high of $93.41 on Nov 27, eventually closing at $93.30. […]
Newmont Goldcorp Corporation NEM has increased stake in GT Gold Corp through a C$8.3 million (or roughly $6.25 million) financing deal arranged in a private placement of 6,877,199 common shares priced at C$1.20 per share. The deal is slated to close on or about Dec 13, 2019 and is subject to certain conditions including regulatory as well as other approvals. Post completion of the financing, Newmont Goldcorp will own 14.9% of GT Gold’s outstanding shares. […]
If Thanksgiving Day celebrates nature’s bounty, then Black Friday and the month thereafter is for retailers to rejoice in abundant sales. And why not? Despite increasing tariffs, trade-war tensions and a global economic slowdown, consumers are expected to splurge as the labor market remains healthy with low unemployment and rising wages […]
As of late, it has definitely been a great time to be an investor in The Simply Good Foods Company SMPL . The stock has moved higher by 14.7% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. […]
As of late, it has definitely been a great time to be an investor in Spark Energy, Inc. SPKE . The stock has moved higher by more than 100% 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 ServiceSource International, Inc. SREV . The stock has moved higher by 14.3% in the past month, while it is also above its 20 Day SMA too. […]
Autodesk, Inc. ADSK was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. […]
Bausch Health Companies Inc. BHC 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 BHC broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend […]
Reinforcing the long-term partnership, Ericsson ERIC recently secured a three-year contract extension from French telecommunications firm, Orange, for the deployment of its AI operating model — Ericsson Operations Engine. This partnership reflects Ericsson’s efforts to promote disruptive technology for enhanced customer experience. The high-end operating model is specifically designed to meet the burgeoning demands of increased network complexity by enabling service providers to reduce costs, drive network efficiency, boost productivity and pave the path for innovation as the industry migrates to 5G and IoT. […]
SolarEdge Technologies, Inc .’s SEDG strong financial position and expertise in module shipment bode well for its earnings in the upcoming days. Zacks Rank and VGM Score The company currently holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here . […]
Coupa Software Inc. COUP is set to report third-quarter fiscal 2020 results on Dec 2, after market close. For the fiscal third quarter, the company expects earnings in the range of 5-8 cents. […]
On Nov 28, we issued an updated research report on Caterpillar Inc. CAT . […]
Facebook FB recently announced that it is acquiring Beat Games, developer of popular VR rhythm game Beat Saber . Beat Games will join Oculus Studios but will continue to operate as an independent studio from its Prague-based headquarter. Although financial details of the transaction have been kept under wraps, the studio will continue to provide support to Beat Saber across all current platforms. […]
Owens Corning OC reached a new 52-week high of $68.72 on Nov 27, 2019. The stock pulled back to end the trading session at $67.91, down 0.9%. […]
Advanced techniques like hydraulic fracturing and horizontal drilling have made U.S. shale operations extremely efficient. Explorers are now capable of producing more oil with the deployment of lesser rigs. […]
Republic of Peru Announces Results of Stand-alone Tender Offer PR Newswire LIMA, Peru, Nov. 29, 2019 LIMA, Peru , Nov. 29, 2019 /PRNewswire/ — The Republic of Peru (” Peru “), in accordance with its previously-announced offer (the “Offer”) dated November 21, 2019 , to purchase for cash its 7.840% bonos soberanos due 2020 (the “Old Bonos Soberanos “), including bonos soberanos in the form of Global Depositary Notes, previously issued by Citibank, N.A., as depositary (the “GDNs”, together with the Old Bonos Soberanos , the “Old Bonds”), in each case as set forth in the table below, today announced that the Offer expired as scheduled at 5:00 p.m […]
As part of its efforts to improve operating efficiency, The Bank of Nova Scotia BNS has inked a deal to sell 100% stake in Scotiabank (British Virgin Islands) Limited to Trinidad & Tobago-based Republic Financial Holdings Limited. The financial terms of the deal or the date of completion were not disclosed. The transaction is still subject to regulatory approval and customary closing conditions […]
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