Year: 2019

FMC Corporation ’s FMC board of directors recently announced a 10% hike in quarterly dividend. The dividend of 44 cents per share is payable on Jan 16, 2020 to its shareholders of record as of the close of business on Dec 31, 2019. The company’s latest move aligns with the policy of regularly rewarding its shareholders by increasing the dividend at the same rate of growth in net income. […]

Costco Wholesale Corporation ’s COST sound fundamentals and growth efforts strengthen its position in the ultra-competitive retail landscape. Further, factors such as steady wage gains, solid labor market and improving consumer sentiment have been favoring this operator of membership warehouses. […]

American consumers continue to splurge, a tell-tale sign that the economy is growing at a steady pace. And as consumers continue to remain confident about their well-being, it seems prudent to invest in stocks that are poised to grow on rising consumer spend. Consumer Spending Rose in November On Dec 20, the Commerce Department reported that consumer spending rose 0.4% at an annualized rate in November, the best rise since July […]

Shares of Darden Restaurants, Inc. DRI have fallen 5.2% following the company’s quarterly results on Dec 18. The decline can be primarily attributed to lower-than-expected second-quarter fiscal 2020 revenues […]

Euronet Worldwide, Inc. EEFT entered into a strategic collaboration with Visa to enhance growth of Fintech companies in the Asia Pacific region and to enable faster go-to-market for the ones looking to launch payment solutions. Visa is a global payments technology company working to enable consumers, businesses, banks and governments use digital currency. […]

MercadoLibre MELI , which operates the largest online marketplace in Latin America through its e-commerce and payment services, has been witnessing a gloomy second-half 2019. We note that MercadoLibre is making every effort to bolster its e-commerce business further by promoting branding and loyalty. Further, its strengthening mobile wallet initiatives have been driving total payment volume. […]

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 […]

Reliance Steel & Aluminum Co. RS reached a fresh 52-week high of $122.17 on Dec 20, before closing the session at $121.33. […]

American Water Works Company AWK announced that its subsidiary, Illinois American Water has signed an agreement to acquire City of Jerseyville’s water and wastewater systems for $43.25 million. The acquisition will add 8,200 customers to its existing customer base in Illinois. The company will apply to the Illinois Commerce Commission for approval of this buyout, which is expected to close in late 2020. […]

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. […]

On Dec 23, we issued an updated research report on IDEX Corporation IEX . Over the past month, this Zacks Rank #3 (Hold) stock has returned 6.5% compared with the industry ’s growth of 2.1%. Scenario at Present IDEX has been benefiting from its diversified business structure, solid product portfolio, execution abilities and growth investments […]

Building a portfolio comprising stocks with favorable liquidity is the way to go for investors seeking healthy returns. Liquidity is a measure of a company’s capability to meet its short-term debt obligations. Thus, companies boasting impressive liquidity positions may be considered to have solid financial health […]

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? […]

Discover Financial Services ’ DFS payment brand Discover Global Network entered into an agreement with EVO Payments, which would allow EVO merchants in the UK and Ireland to process Discover, Diners Club International and associate card networks. EVO Payments, a market-leading company providing payment technology integrations and acquiring solutions, will provide its UK and Ireland merchants with accessibility to additional networks in 2019. Meanwhile, merchants in other markets will be able to use the same networks in 2020 […]

A major boost in the residential market, and infrastructural and construction spending should continue to favor the Zacks Building Products – Air Conditioner and Heating industry in 2020. Also, prudent cost-management practices, leveraging technologies and accretive acquisitions are likely to benefit industry players like Lennox International Inc. LII , Watsco, Inc. […]

Euronet Worldwide, Inc. EEFT has been in investor’s good books, riding high on its solid segments, operating performance led by revenue growth and inorganic strategies. […]

Arrow Electronics, Inc. ARW recently partnered with ON Semiconductor ON and design manufacturer Geniatech to develop an industrial Multi-Sensor-Online wearable device to ensure employee safety at workplaces. The solution, MuSeOn 1.1, is based on ON Semiconductor’s RSL10 Sensor Development Kit, including low-power Bluetooth 5 radio SoC and five sensors to identify and measure various environmental conditions. […]

In its weekly release, Baker Hughes Company BKR reported an increase in the number of drilling rigs in the United States. More on the Rig Count Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. A change in the Houston-based oilfield service player’s rotary rig count affects demand for energy services like drilling, completion and production provided by the likes of Halliburton Company HAL , Schlumberger Limited SLB , Diamond Offshore Drilling, Inc DO and Transocean Ltd […]