Month: December 2019

BP plc BP recently announced the formation of a joint venture (JV) — BP Bunge Bioenergia — with agriculture firm Bunge Ltd. BG . […]

Cadence Design Systems, Inc. CDNS entered into a strategic alliance with National Instruments Corporation NATI to augment electronic system innovation. Through this collaboration, the companies plan to develop an integrated design to test flow, leverage reusable data as well as test IP from electronics design and verification to validation and production test for electronic system and semiconductor companies. […]

Coupa Software Incorporated COUP delivered third-quarter fiscal 2020 non-GAAP earnings of 20 cents per share that surpassed the Zacks Consensus Estimate by 185.71%. Further, the bottom line soared 150% from the year-ago quarter’s figure. Revenues surged 51% from the year-ago quarter’s level to $101.8 million and outpaced the Zacks Consensus Estimate by 5.47% […]

Kinross Gold Corporation KGC signed a deal to sell its royalty portfolio to Maverix Metals Inc. MMX for the total consideration of $74 million. The total consideration includes $25 million in cash and 11.2 million Maverix common shares, which represent a 9.4% ownership stake in Maverix […]

Amazon ’s AMZN endeavors to enhance computing offerings reflect its focus on innovations in cloud services. This is evident from the latest preview launch of Amazon Braket by Amazon Web Service (AWS) at the AWS re:Invent event. Notably, Amazon Braket is a fully-managed quantum computing service that enables customers to explore and experiment with quantum computing hardware by providing a single development environment to build quantum algorithms […]

Intel INTC recently concluded the divestiture of majority of its smartphone modem business to Apple AAPL for $1 billion. The deal was announced on Jul 25, 2019, timing it with the company’s second-quarter earnings release. Notably, the recent brief filed by the chipmaker in support of the Federal Trade Commission (“FTC”) states that Intel was compelled to sell off its smartphone modem business “at a multi-billion dollar loss”, owing to Qualcomm’s QCOM anticompetitive behavior […]

The Kroger Co, Inc . KR , in association with ClusterTruck, is introducing an on-demand meal delivery service namely Kroger Delivery Kitchen. Customers will get freshly prepared meals in half an hour of ordering, without shelling out a penny for delivery […]

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 […]

Vail Resorts, Inc. MTN is scheduled to report first-quarter fiscal 2020 results on Dec 9, after the closing bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 14%. […]

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 […]

MarketAxess Holdings Inc. MKTX looks attractive given its consistently strong operating performance over the past quarters, launch of new services, and the recent acquisition of Liquidity Edge, which further increases optimism about its long-term growth prospects. Let’s take a look at the factors that make this Zacks Rank #2 (Buy) stock a compelling choice for investors right now. […]

CrowdStrike Holdings CRWD is slated to release third-quarter fiscal 2020 results on Dec 5. For the fiscal third quarter, the company estimates revenues in the $117.1-$119.5 million band. The Zacks Consensus Estimate for the metric is pegged at $118.41 million. […]

ViewRay, Inc. VRAY recently reached a couple of collaborative agreements with two medical device majors, namely Elekta AB and Medtronic plc. (MDT) in the field of MR-guided radiation therapy […]

A strong U.S. economy, aging population and boom in Medicaid and Medicare business bode well for health insurers in the long run. The last few quarters also witnessed active mergers and acquisitions in the industry, leading to a series of consolidations […]