Stock Analysts

ExxonMobil to Dump LNG Import Terminal Plan in Australia

Exxon Mobil Corporation XOM has decided to dump the plan of building a natural gas import terminal on the Victorian coast of Australia, per reports. The energy goliath fell short of finding enough long-term contracts for the project. The company intended to build the terminal to benefit from supply shortage, which is currently affecting domestic manufactures by pushing up costs. […]

Mergers & Acquisitions

Hub International Acquires One Of The Largest Insurance Brokerage In The U.S., Nebraska-Based SilverStone Group

Hub International Acquires One Of The Largest Insurance Brokerage In The U.S., Nebraska-Based SilverStone Group New Regional Hub Created Called Hub Great Plains, Accelerating Hub’s Reach And Services PR Newswire CHICAGO, Dec. 4, 2019 CHICAGO , Dec. 4, 2019 /PRNewswire/ — Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired SilverStone Group (SilverStone), one of the largest insurance brokerages in the U.S. […]

Stock Analysts

Add These 3 Stocks With Upgraded Broker Ratings to Portfolio

It’s not an easy task for an individual investor to pick winning stocks on his own as there are several fundamental and technical aspects that need to be considered for spotting the potential gainers. This is where expert advice comes handy. As brokers are in direct communication with top management of companies, they have deeper insight into what’s happening in it […]

Stock Analysts

Broadridge (BR) Unveils AI/ML Based Automation Platform

Broadridge Financial Solutions, Inc. BR yesterday announced that it has launched Broadridge Data Control Intelligent Automation, an AI and ML platform for reconciliation, matching and exception management applications. Alastair McGill, general manager of Data Control Solutions at Broadridge, stated, “By leveraging AI and ML we are helping eradicate breaks in the exception management world, automatically finding the underlying cause of a problem and resolving it efficiently to ensure the underlying cause is addressed." Collaboration With Tookitaki Broadridge partnered with Singapore-based enterprise software solutions provider Tookitaki Holding to use its AI and ML technology to deliver thisvendor-agnostic post-trade platform, which enables users to license modules for multiple Intelligent Automation applications. […]

Stock Analysts

3 Orthodontic Stocks to Keep an Eye On

The orthodontics industry has been undergoing drastic change led by technological breakthroughs over the last few years. This subsegment of dental treatment entails the improvement of the arrangement and appearance of protruding, crowded or crooked teeth. It also pertains to correcting problems related to misaligned bites […]

Mergers & Acquisitions

Worldwide Facilities Acquires Risk Management Advisory Group

Worldwide Facilities Acquires Risk Management Advisory Group PR Newswire LOS ANGELES, Dec. 4, 2019 LOS ANGELES , Dec. 4, 2019 /PRNewswire/ — Worldwide Facilities, LLC (“Worldwide”), a national wholesale insurance brokerage, managing general agency and program manager, announces the acquisition of Risk Management Advisory Group (“RMAG”), a managing wholesale broker that provides specialty personal and commercial line products to retail agents primarily in the southeast region of the United States. […]

Stock Analysts

Canadian National’s 2019 Earnings View Bleak Due to Strike

Canadian National Railway Company CNI lowered its outlook for 2019 earnings as the eight-day strike significantly affected operations, forcing it to run on a capacity of only 10%. Following this news, shares of the company declined 2% at the close of business on Dec 3. Expecting the work stoppage to have dented earnings per share to the tune of C$0.15, Canadian National anticipates current-year adjusted earnings per share to grow in low to mid-single digits compared with the previous forecast of a rise in the high single-digit range […]

Stock Analysts

Here’s Why You Should Hold Onto Sherwin-Williams for Now

The Sherwin-Williams Company SHW is gaining from demand strength in the domestic market, its focus on growth through expansion of operations, productivity improvement initiatives and synergies of the Valspar acquisition amid certain headwinds including weak non-domestic demand. The paints and coatings giant has seen its shares rally 46.8% year to date, outperforming the 42.9% rise of its industry . Let’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment […]