Stock Analysts

Netflix to Reportedly Hire Activision CFO Spencer Neumann

Netflix NFLX has lately been in the headlines for hiring a number of top executives at big companies. The company may soon hire Activision’s ATVI chief financial officer (CFO) Spencer Neumann, per Reuters, and continue to strengthen its executive lineup. Neumann who is expected to join Netflix in early 2019 is currently under an 18-month term with the gaming company. […]

Technicals

TC PipeLines (TCP) Looks Good: Stock Adds 5.4% in Session

TC PipeLines, LP TCP 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 $27.27 to $31.17 in the past one-month time frame. […]

Stock Analysts

Shell Divests NZ Assets to OMV to Simplify Upstream Portfolio

Royal Dutch Shell plc RDS.A recently got rid of all its properties in New Zealand, following the completion of $578-million divestment of its oil and gas assets to OMV, an Austrian integrated oil and gas company. The divestment was announced in March 2018 and received green signal from the New Zealand Commerce Commission in August. Markedly, the company operated in the country for more than a century. […]

Economic Data

Anywhere to Go But Up?

Wednesday, January 2, 2019 Global markets began 2019 with more selling, following disappointing manufacturing numbers out of China and signs of a new global oil glut sending energy stocks lower. Every major overseas index has either closed in the red or appears ready to do so. U.S. […]

Mergers & Acquisitions

Huron Capital’s Pueblo Mechanical & Controls Completes Add-on Acquisition

Huron Capital’s Pueblo Mechanical & Controls Completes Add-on Acquisition Addition of Commercial Air expected to be first of many as Pueblo seeks to expand across the region PR Newswire DETROIT, Jan. 2, 2019 DETROIT , Jan. 2, 2019 /PRNewswire/ — Leading lower-middle-market private equity firm Huron Capital announced today that its HVAC replacement, retrofit and repair services platform, Pueblo Mechanical & Controls (“Pueblo”), has acquired Commercial Air, Inc. […]

Mergers & Acquisitions

Dominion Energy Combines With SCANA Corporation

Dominion Energy Combines With SCANA Corporation – Merger benefits SCANA’s customers, communities – Reduces customer bills, commits to maintain or exceed customer service levels – Builds on Dominion Energy’s presence in Georgia, North Carolina, South Carolina – Addition of high-quality regulated businesses improves company’s risk profile, supports long-term growth PR Newswire RICHMOND, Va., Jan. 2, 2019 RICHMOND, Va. , Jan. […]

Mergers & Acquisitions

Abrams Eye Institute in Las Vegas, NV to Join American Vision Partners

Abrams Eye Institute in Las Vegas, NV to Join American Vision Partners American Vision Partners, one of the largest and fastest growing eye care practice management organizations in the nation, announced a partnership with Las Vegas, Nevada-based Abrams Eye Institute. The affiliation of the two businesses will improve the quality of care for patients in the Las Vegas, Henderson and Pahrump areas of Nevada by bringing additional world-class doctors, more comprehensive vision care services and additional locations to the community. PR Newswire PHOENIX, Jan. […]

Stock Analysts

4 Reasons to Add Pinnacle West Capital to Your Portfolio

Estimates for Pinnacle West Capital Corporation PNW have been revised upward in the past 90 days, reflecting analysts’ optimism in the stock. The Zacks Consensus Estimate for 2019 earnings have moved up 2.5%. Shares of Pinnacle West Capital have improved 2.5% in the past 12 months compared with the industry ’s rise of 0.1%. […]

Stock Analysts

AWR or SJW: Which Utility Stock is a Better Buy for 2019?

Utilities provide basic services and are not affected by the vagaries of the economy. These are preferred by investors due to stability of operations and their capability to reward shareholders with regular dividend payments. Utility operation is capital intensive as consistent investment is required to maintain and replace older pipelines and water mains, upgrade storage facilities, as well as setup and develop new water refinery units […]