Year: 2019

Estimates for Natural Resource Partners LP NRP have been revised upward over the past 60 days, reflecting analyst’s confidence in the stock. The Zacks Consensus Estimate for 2019 earnings has been moved 2.4% north to $5.18. […]

Bell-Boeing recently secured a contract for providing flight test sustainment support to the MV-22 variant of V-22 family of tiltrotors. Notably, Bell-Boeing is a joint venture (JV) between The Boeing Company BA and Bell Helicopter — a unit of Textron Inc. […]

Sempra Energy SRE recently announced that its subsidiary has reached a definitive agreement to sell its non-utility U.S. natural gas storage facilities for $332 million in cash to an affiliate of ArcLight Capital Partners, LLC. […]

Watsco, Inc. WSO declared a 10% hike in its annual dividend rate to $6.40 per share, in a bid to impress investors. […]

Twilio TWLO has been one of the outstanding performers in the software space last year. The stock has skyrocketed 238.5%, outperforming the industry’s growth of 0.8%. […]

Following a plethora of jumps and drops, the S&P 500 index posted negative returns last year. The benchmark – which rose 9% during the first three quarters of the year – ultimately logged more than 6% losses in 2018. […]

Universal Technical Institute, Inc. UTI hit a new 52-week high of $3.91 on Jan 2. […]

Horace Mann Educators Corporation HMN recently closed the buyout of retirement plan provider Benefit Consultants Group and the subsidiary broker dealer and registered investment adviser BCG Securities (announced on Oct 30, 2018). The acquisition will help the Multi line insurer improve its retirement plan offerings for educators and others providing services to their communities. However, financial details of the transaction have been kept under wraps. […]

Discover Financial Services DFS remains well-poised for growth, given its strong revenue momentum, solid Direct Banking business and a prudent capital management. Its return on equity — a profitability measure — is 25.5%, better than the industry average of 12.9%. This reflects the company’s efficiency in utilizing its shareholders’ funds […]

Pfizer, Inc .’s PFE shares rallied 20.5% in 2018 compared with the industry ’s 4.7% increase. Pfizer’s outperformance was backed by decent quarterly results, positive news flow and regulatory updates. Higher sales of key products like Ibrance Eliquis, Prevnar and other drugs, cost-cutting efforts, a lower tax rate and share buybacks supported Pfizer’s bottom line — a trend expected to continue in 2019 […]

Omega Healthcare Investors, Inc. OHI has announced a cash and stock deal to acquire MedEquities Realty Trust, Inc. […]

A Chinese unit of Royal Dutch Shell plc RDS.A recently received a license from the Chinese government to trade oil products in its domestic wholesale market. The license will provide Shell the opportunity to independently buy and sell oil products in the Chinese market, which has been dominated by local oil companies. As Shell does not have a license to import oil, the company will have to buy the products from domestic suppliers […]

In the fourth quarter, payment companies are likely to witness an increase in card processing via their payments network on the back of a bumper holiday season. According to Mastercard SpendingPulse, which provides insights into overall retail spending trends across all payment types, including cash and check, holiday sales increased 5.1% to more than $850 billion in 2018. This marked the strongest growth in the last six years. […]

United Parcel Service UPS witnessed a disappointing 2018, evident from its share price depreciating 18.2% during the same. What’s Ailing UPS? The company made significant investments in facilities’ upgrade to meet the surge in demand following rapid growth in e-commerce […]