Year: 2019

Boyd Gaming Corporation BYD has been benefiting from sports betting expansion, acquisitions and other strategic efforts. These efforts have helped the company to report robust sales and earnings growth, along with solid EBITDAR and margins. Notably, shares of Boyd Gaming have gained 46.1% so far this year compared with the Zacks Gaming industry’s 28.8% rally. […]

FactSet Research Systems Inc. FDS reported mixed first-quarter fiscal 2020 results, wherein earnings topped the Zacks Consensus Estimate but revenues missed the same. […]

The Boeing Company BA recently secured a $400-million modification contract for providing recurring and non-recurring engineering services to B-1 and B-52 aircraft. The contract was awarded by Air Force Life Cycle Management, Tinker Air Force Base, Oklahoma City, OK. […]

Raytheon Company ’s RTN Missile Systems (MS) business division recently secured a $1 billion contract to meet full rate production requirements, spares and round design agent for Standard missile SM-6. The deal was awarded by the Naval Sea Systems Command, Washington, DC. The majority of work related to the deal will be executed in East Camden, AR, Huntsville, AL and Wolverhampton, United Kingdom. […]

Raymond James Financial ’s RJF escalating expenses continue to hurt the bottom line. Rise in components including compensation costs and bank loan loss provision act as the primary reasons for the upswing. Also, regulatory changes and a highly competitive environment will increase expenses further. […]

Allergan plc AGN announced that the FDA approved a new drug application (NDA) for Ubrelvy (ubrogepant) for the acute treatment of migraine with or without aura in adults. Ubrelvy is the first and only orally-administered calcitonin gene-related peptide (CGRP) receptor antagonist (gepant) for the treatment of migraine attacks. […]

In an era of the ever-evolving retail landscape, Zumiez Inc . ZUMZ made multiple changes to its business model to adapt and stay relevant. Notably, this Washington-based company looks well poised for 2020, given its sound fundamentals and growth efforts […]

It was a week when both oil and natural gas prices settled higher. On the news front, Permian and Bakken-focused energy explorer WPX Energy WPX agreed to acquire Delaware Basin-based Felix Energy for $2.5 billion. […]

Lockheed Martin Corp. ’s LMT Aeronautics segment recently secured a $7-billion modification contract for providing F-22 Raptor sustainment. The modification contract further includes an option for additional five-year ordering for comprehensive F-22 air vehicle sustainment. […]

AstraZeneca plc. AZN announced that its triple combination therapy, a combination of budesonide, glycopyrronium and formoterol fumarate, has been approved by the National Medical Products Administration of China as maintenance treatment for chronic obstructive pulmonary disease (“COPD”). […]

In sync with its portfolio refinement efforts, Campbell Soup Company CPB has concluded the sale of Arnott’s and certain International operations to a New York-based private equity firm, KKR KKR , for almost $2.2 billion in cash. Management intends to utilize the net sale proceeds to lower debt. […]

Neogen Corporation NEOG second-quarter fiscal 2020 earnings per share (EPS) of 31 cents lagged the Zacks Consensus Estimate of 32 cents by 3.1%. However, EPS was flat year over year. Revenues in the quarter grew 0.7% on a year-over-year basis to $107.8 million, missing the Zacks Consensus Estimate of $111.9 million by 3.7% […]

Shares of Zimmer Biomet Holdings, Inc. ZBH reached a new 52-week high of $151.29 on Dec 23, closing the session marginally lower at $151.24. The stock has rallied 7.8% since its third-quarter earnings announcement on Nov 5 […]

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. […]

BioMarin Pharmaceutical Inc. BMRN announced that it has submitted a biologics license application (“BLA”) to the FDA seeking approval for valoctocogene roxaparvovec, an investigational gene therapy, developed for treating adult patients with severe hemophilia A. […]

DISH Network Corp DISH recently introduced Alphabet’s GOOGL Google Nest Hello doorbell to its Hopper and Wally receivers. The new update allows customers to pair their Google Nest Account with DISH Hopper or Wally and receive notifications, including an image, directly on their TVs when their Nest Hello is pressed. Notably, DISH is the first Pay-TV provider to integrate a Google Nest Device into its ecosystem […]

Comcast CMCSA recently announced that it has entered into a long term-agreement with Lionsgate Films LGF.A . Per the new deal, Lionsgate owned Starz network channels, which include STARZ premium channel as well as STARZ Encore channels, will continue to be available on Comcast NBCUniversal’s Xfinity TV platform with expanded distribution on the Comcast Flex platform. The deal also allows NBCUniversal to license content from Lionsgate for Peacock, its upcoming streaming service set to be launched in April 2020 […]

salesforce CRM , a titan in the customer relationship management (CRM) space, is pulling out all the stops to maintain its dominance in the market. Per IDC’s Worldwide Semiannual Software Tracker, salesforce remained the #1 CRM providers for the sixth straight year, demonstrating the attractiveness of its cloud-based solutions. The company cemented its overall market share position and inflated its revenue base more than any other CRM vendor, the firm added . […]