Stock Analysts

Black Hills Invests $125M, Builds Wind and Pipeline Project

Black Hills Corporation BKH recently announced the completion of Busch Ranch II wind project in southern Colorado and the 35-mile Natural Bridge pipeline in eastern Wyoming. The company now owns and operates 150 megawatts (MW) of wind generation in southern Colorado. It invested $71 million to develop the 60 MW Busch Ranch II wind project. […]

Stock Analysts

Roche’s Tecentriq-Chemo Combo Gets FDA Nod in First-Line NSCLC

Roche Holdings AG RHHBY announced that the FDA has approved a label expansion of its immuno-oncology drug Tecentriq (atezolizumab). The drug has been approved in combination with chemotherapy (Abraxane [paclitaxel protein-bound; nab-paclitaxel] and carboplatin) for the initial (first-line) treatment of adults with metastatic, non-squamous, non-small cell lung cancer (NSCLC), with no EGFR or ALK genomic tumor aberrations. […]

Stock Analysts

Amazon’s Tie-Ups With Verizon & Others Add 5G Benefits to AWS

Amazon ’s AMZN cloud computing arm, Amazon Web Services (AWS), recently announced a new service – AWS Wavelength at the AWS re:Invent event in an effort to offer low latency to customers. Notably, the new service is a combination of AWS compute and storage services, and cutting edge 5G networks. Further, the company has joined forces with Verizon VZ in order to leverage the latter’s 5G networks in order to develop applications serving use-cases with single-digit millisecond latencies […]

Stock Analysts

5 Factors That Underscore Comfort Systems’ Solid Prospects

Comfort Systems USA, Inc. ’s FIX shares have been rallying high, courtesy of strong execution of operations, inorganic drive and improving housing market fundamentals in the United States. Shares of this leading provider of mechanical services — including heating, ventilation, air conditioning, plumbing, piping and controls — have gained 32.4% in the past three months against the Zacks Building Products – Air Conditioner and Heating industry’s 4.3% decline. […]

Stock Analysts

Element Solutions Closes Kester Buyout, Reprices Term Loans

Element Solutions Inc ESI announced that it completed the acquisition of Kester from Illinois Tool Works Inc ITW for roughly $68 million in cash. Per management, the Kester acquisition will add capabilities and scale to its existing electronics assembly materials business. The acquisition serves as a model for highly-strategic acquisitions that the company plans to undertake in addition to the judicious return of capital to shareholders in its capital allocation strategy. […]

Technicals

Industrial Logistics Properties Trust (ILPT) Catches Eye: Stock Jumps 5.3%

Industrial Logistics Properties Trust ILPT 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. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.88 to $21.64 in the past one-month time frame. […]