Performance of bank stocks has been impressive so far this year after a disappointing 2018. The KBW Nasdaq Bank Index has rallied 30.5%, the SPDR KBW Regional Banking KRE Index has risen 23% and the S&P 500 Index has gained 27.2% during the same period. However, the rally hasn’t been a smooth one […]
Advance Auto Parts, Inc. AAP recently announced that it purchased the DieHard car battery brand from Transform Holdco LLC, the parent company of Kmart and Sears, for a cash consideration of $200 million. Following the acquisition, Advance Auto Parts will have the right to sell DieHard batteries and extend the DieHard brand to other automotive and vehicle categories. […]
Bank of Hawaii BOH remains well poised to grow on the back of improving non-interest-bearing deposits. However, mounting expenses pose a near-term headwind. […]
American Water Works Company AWK announced that its subsidiary, Illinois American Water, has signed an agreement to acquire Granite City wastewater systems for $18 million. The acquisition will add 12,500 customers to its existing base in Illinois. […]
Shares of Nokia Corporation NOK have declined 37.8% so far this year (as of Dec 26, 2019), making it one of the worst performers in the Zacks Wireless Equipment industry. The company appears to be plagued by high costs associated with its first generation 5G products, profitability challenges in China, pricing pressure in early 5G deals, and uncertainty related to the announced operator merger in North America. […]
As curtains fall on an eventful 2019, investors seek to review their portfolio to identify stocks that appear bruised and battered, but hold solid potential for a healthy ROI in 2020. Before we try to do the same for the telecom sector, let us delve a little deep into its overall performance in the outgoing year. 2019: The Year in Perspective The telecom stocks witnessed a roller-coaster ride in 2019 as President Trump flip-flopped on the trade war […]
Recently, Verizon Communications Inc. VZ stated that its 5G Ultra Wideband mobility service is available in select locations in Cleveland and Columbus, OH, and Hampton Roads, VA. Increasing the tally, the telecom bellwether has turned on its much-acclaimed service in 31 cities, 15 NFL stadiums and four indoor arenas […]
The global business landscape is changing rapidly with cloud computing taking up a large share of traditional tech spending. Notably, there has been accelerated adoption of cloud-computing strategies within enterprises with analysts reportedly expecting more than 80% of businesses to shift to the cloud by the end of 2020. Increasing acceptance has made cloud computing one of the most sought-after niches in the tech space […]
As 2020 approaches, there is a strong undercurrent of uncertainty in the investment world. On the one hand, the longest running bull market (10-year extended) is making investors a bit dubious about whether it will end any time soon. This apart, the 59th presidential election, scheduled in late 2020 and related political uproar are also adding to the uncertainty in the equity market. […]
Pfizer Inc. PFE is one of the biggest drugmakers in the world, boasting a diversified portfolio of drugs and a strong pipeline. However, the year 2019 has not been a smooth sail for the company. […]
CYREN Ltd. CYRN has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at CYRN given that, according to its RSI reading of 28.46, it is now in oversold territory […]
First American Financial Corporation FAF has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at FAF given that, according to its RSI reading of 24.23, it is now in oversold territory. What is RSI? […]
Spectrum Pharmaceuticals, Inc. SPPI has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at SPPI given that, according to its RSI reading of 18.63, it is now in oversold territory. […]
Wall Street is at a record high on a stupendous Santa rally. U.S.-Sino trade deal hopes and solid U.S. […]
As of late, it has definitely been a great time to be an investor in Blue Bird Corporation BLBD . The stock has moved higher by 0.5% in the past month, while it is also above its 20 Day SMA too. […]
As of late, it has definitely been a great time to be an investor in Anavex Life Sciences Corp. AVXL . […]
As of late, it has definitely been a great time to be an investor in Eloxx Pharmaceuticals, Inc. ELOX . The stock has moved higher by 4.8% in the past month, while it is also above its 20 Day SMA too. […]
Columbus McKinnon Corporation ( CMCO ) fell short of our quarterly estimates last quarter and its CEO will step down after less than three years in the top spot. On top of that, Columbus McKinnon faces a near-term downturn in the broader manufacturing and industrial sectors. What’s Going On […]
Shares of Spotify ( SPOT ) have surged 35% in the last three months and it crushed Q3 Wall Street estimates, posting surprise positive earnings. Spotify has also continued to expand its paid subscriber base in a crowded streaming music market and focused on new ways to grow. […]
Endeavor Schools Enters Charleston Market with Acquisition of Children’s Discovery Center Endeavor Schools continues to grow its presence in the education market with the acquisition of two highly coveted preschools in Mount Pleasant, South Carolina. PR Newswire MIAMI, Dec. 26, 2019 MIAMI , Dec […]
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