Estee Lauder Gains on Solid Online Business, Travel Retail
The Estee Lauder Companies Inc. EL is gaining momentum from robust online sales, a solid travel retail network and an impressive emerging market presence. […]
The Estee Lauder Companies Inc. EL is gaining momentum from robust online sales, a solid travel retail network and an impressive emerging market presence. […]
Tenneco Inc. TEN appears to be in hot water as it is grappling with increased expenses and heavy debt load. […]
In order to supplement top-line growth, Telefonica, S.A. TEF is mulling to restructure its Latin American businesses, while remaining focused in other key European markets and the United States. With a major upheaval in the cards in eight Latin American markets in which it operates, including Mexico, Colombia and Argentina, the company aims to “reinvent” itself amid a challenging macroeconomic environment. […]
Ulta Beauty, Inc. ULTA is slated to report third-quarter fiscal 2019 results on Dec 5. This leading beauty retailer delivered a negative earnings surprise of 1.1% in the last reported quarter. […]
Marvell Technology Group Ltd. MRVL is set to report third-quarter fiscal 2020 results on Dec 3. Marvell projects revenues of $660 million, up or down up to 3% […]
In a bid to maintain its position as the fastest-growing global hospitality company, Hyatt Hotels Corporation H has been strengthening its presence worldwide. Recently, the company announced that one of its affiliates inked a deal with UBM Development AG to develop Hyatt’s first Andaz brand property named Andaz Prague, in Czech Republic. Notably, this 175-roomed hotel, situated at Senovazne Square, is in the close proximity to Prague’s world-famous Old Town […]
salesforce.com Inc. CRM is slated to release third-quarter fiscal 2020 results on Dec 3. […]
DAMAC Chairman Hussain Sajwani’s Private Investment Firm Acquires Italian Fashion Brand Icon Roberto Cavalli PR Newswire MILAN, Nov. 28, 2019 MILAN , Nov. […]
American Hotel Income Properties Announces Agreement to Acquire 12 Premium Branded Hotels for $191.0 Million PR Newswire VANCOUVER, Nov. 28, 2019 AHIP also confirms completion of the previously announced profitable sale of the Economy Lodging portfolio for gross proceeds of $215.5 million Acquisition of the 12 Premium Branded hotels at an approximate 8% capitalization rate The hotels, all built in the last five years, are being acquired below replacement cost Transaction follows completion of the sale of the Economy Lodging portfolio; AHIP is now exclusively a premium branded hotel REIT The acquisition will be financed using proceeds from the sale of the Economy Lodging portfolio and a new interest-only fixed-rate term loan (All numbers are in U.S. […]
Orders to U.S. factories for long-lasting manufactured goods surged in October, reversing the sharp decline witnessed in the previous months. Moreover, core durable goods order –- a key metric to track business investment plan –- also soared […]
Fulton Financial Corporation ’s FULT board of directors has announced a special cash dividend of 4 cents per share. The dividend will be paid on Dec 16, to shareholders on record as of Dec 4. The company began paying special dividends from 2014 […]
The Bank of Nova Scotia BNS reported fourth-quarter fiscal 2019 (ended Oct 31) adjusted net income of C$2.4 billion ($1.8 billion), up 2% year over year. Results exclude acquisition- and divestiture-related costs. […]
We issued an updated research report on Esperion Therapeutics ESPR on Nov 27. Shares of the company have gained 12.6% so far this year compared with the industry ’s growth of 10.9%. There is no marketed drug in the company’s portfolio […]
Curtiss-Wright Corporation CW recently signed an agreement to purchase the stock of 901D Holdings, LLC for $132 million in cash. The acquisition is expected to conclude in December 2019, subject to the receipt of regulatory approval and other closing conditions. On completion of the transaction, 901D Holdings will operate within Curtiss-Wright’s Defense segment […]
AT&T Inc. T recently collaborated with one of the world’s largest broad-based technology providers — Microsoft Corporation MSFT — to introduce 5G technology and advanced edge computing solutions to select customers in Dallas, TX. […]
Shell Midstream Partners LP SHLX generates stable fee-based revenues and is well positioned to capitalize on the ongoing pipeline bottleneck problem in U.S. shale plays. […]
Waste Connections Inc. WCN is benefiting from strategic acquisitions. Its focus on secondary and rural markets to garner a higher local market share is appreciable […]
Price performance of ITT Inc. ITT has been impressive since the beginning of 2019, which is evident from a 46.1% increase in its share price. Solid financial performance, healthy fundamentals and growth opportunities supported positive market sentiments for the company […]
ArcelorMittal MT announced plans to launch a sustainability program across Europe. The company aims to secure the ResponsibleSteel site certification for all of its Flat Products sites in Europe through the program. […]
Shares of Air Products and Chemicals, Inc. APD have popped 16.3% over the past six months. The company has also outperformed its industry ’s growth of roughly 1.5% over the same time frame […]
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