Month: November 2019

Kosmos Energy KOS recently announced completing drilling the Resolution exploration well in the U.S. Gulf of Mexico. […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]

We updated a research report on Exelon Corporation EXC for the third quarter of 2019. The company is well poised to benefit from the $22.6-billion long-term investment plan to strengthen its infrastructure. The company’s consistent cash flow generation capability will assist it to lower debt and boost growth […]

HP HPQ delivered fourth-quarter fiscal 2019 non-GAAP earnings from continuing operations of 60 cents per share, beating the Zacks Consensus Estimate by 3.45% and also the year-ago quarterly figure by 11%. Also, HP’s net revenues of $15.4 billion surpassed the Zacks Consensus Estimate of $15.3 billion and inched up 0.3% year over year as well. Moreover, in constant currency (cc), revenues rose 2% […]

Despite falling in October, new home sales still remain strong this year. With the Fed’s three consecutive interest rate cuts this year, mortgage rates decreased, boosting the housing market. Sales Fall in October, Yet at 12-year High New home sales fell 0.7% in October to a 733,000-unit pace but came in above the consensus estimate of 706,000. […]

Abercrombie & Fitch Co. ANF reported top and bottom-line miss in third-quarter fiscal 2019. Moreover, earnings declined on a year-over-year basis, while sales were flat. […]

Intel INTC is reportedly looking for buyers for its connected home division — a unit engaged in manufacturing chips used in home internet access gear that enable wireless connection. The connected home unit accounts for annual revenues of nearly $450 million. It is part of the company’s Internet of Things group that registered sales of $1 billion in third-quarter 2019, up nearly 9% year on year. […]

We issued an updated research report on Rexnord Corporation RXN on Nov 26. The company, with a market capitalization of $3.3 billion, currently carries a Zacks Rank #3 (Hold). It provides solutions related to water management, and process and motion control […]

The Charles Schwab Corporation SCHW and TD Ameritrade Holding Corporation ’s AMTD senior unsecured debt ratings were affirmed at A2 by Moody's Investors Service, the rating arm of Moody's Corporation MCO . Moreover, the rating outlook remains stable for both companies. The ratings affirmation follows Schwab’s recently announced all-stock deal to acquire TD Ameritrade for roughly $26 billion, which is expected to create a behemoth in online brokerage space, with combined client assets worth more than $5 trillion and serving nearly 24 million brokerage accounts. […]

Magellan Health, Inc. ’s MGLN pharmacy benefit management division Magellan Rx Management recently introduced MRx Navigate, an extensive care management program. The program includes integrated, high-touch and high-tech solutions with complete focus on patient healthcare journey as well as simplifying healthcare experience for members […]

BlackRock ’s BLK initiatives to restructure the actively managed equity business and expand globally through acquisitions are expected to boost the top line. Also, the company’s capital deployment actions (share buyback and regular dividend payouts) reflect strong balance sheet. Its Zacks Consensus Estimate for current-year earnings has been revised marginally upward over the past 30 days, reflecting that analysts are slightly optimistic regarding its earnings growth potential. […]

DICK'S Sporting Goods, Inc. DKS delivered robust third-quarter fiscal 2019 results, wherein earnings and sales surpassed the Zacks Consensus Estimate and also grew year over year. Quarterly results gained from solid same-store sales (comps) performance. […]

Keysight Technologies, Inc. KEYS delivered fourth-quarter fiscal 2019 non-GAAP earnings of $1.33 per share, which surpassed the Zacks Consensus Estimate of $1.18. The bottom-line figure rose from $1.01 reported in the year-ago quarter and fell within management’s prior guidance of $1.14-$1.2 per share. […]

Discover Financial Services DFS has entered into an agreement with PayPal Holdings, Inc. PYPL , which would enable its customers to use their credit card's Cashback Bonus or Miles for making purchases through PayPal. Cardmembers are required to link their Discover Card with respective PayPal accounts for payment activation via rewards. […]

Neogen Corporation NEOG announced that it received approval from the AOAC Research Institute for its Reveal 3-D for Peanut test to check the presence of peanut in food. The test is intended to prevent peanut residues contaminating foods, which are not supposed to have it. Per Neogen, the Reveal 3-D food allergen test kits are user-friendly and provide an easy interpretation of strip tests, screening food samples for potential peanut contamination within a short time […]