Year: 2019

Airline stocks did not set the stage on fire in 2019, which is about to end, thanks to headwinds like a lackluster cargo business due to reduced freight demand and trade tensions between the United States and China, and loss of revenues following flight cancellations arising out of the grounding of Boeing 737 MAX jets. However, amid these headwinds, Allegiant Travel Company ALGT stood out as the shining star of the Zacks Airline industry this year. Shares of this in Las Vegas, NV-based company, which operates a low-cost passenger airline through its subsidiary Allegiant Air, gained roughly 75% in a year’s time, easily outperforming the industry’s nearly 14% appreciation in the same time period […]

Camden Property Trust CPT announced a couple of acquisitions in its desired sub-markets as well as dispositions and exit from other markets in December. The company acquired an apartment community in Raleigh, NC, on Dec 5, 2019. Previously known as The Carolinian on Glenwood, the 186-home community will be renamed Camden Carolinian […]

Wall Street is on the verge of completing a fabulous 2019 after a pathetic 2018. This year, the U.S. economy and stock market touched several milestones. […]

Invesco IVZ remains well-positioned for growth, given its efforts to capitalize on investors’ demand for passive and alternative investment strategies. Moreover, solid assets under management (AUM) balance and increasing global presence will likely aid the company’s financials. […]

Charting record highs, 2019 has been an outstanding year for the U.S. equity markets with a year-end rally propelling the indices to historic levels and within touching distance of being the best year in more than two decades. As the curtains fall on an eventful 2019, investors seek to identify stocks that hold solid potential for a healthy ROI in 2020 […]

Cincinnati Bell Inc. CBB recently informed customers that that it is on the verge of losing FOX cable channels in 2020 due to an ongoing contract conflict between the cable company and Fox Corporation FOX . […]

The fashion industry is home to fast-moving and ground-breaking trends, most of which set the pace for years to come. In the current cut-throat market where fast-fashion, resales and rented fashion items have found widespread popularity, investors can take a look at a few strong trends that are poised to raise big waves ahead. […]

Constellation Brands, Inc. STZ is scheduled to release third-quarter fiscal 2020 results on Jan 8, 2020. In the last reported quarter, the leading wine company delivered a positive earnings surprise of 4.2% […]

Bed Bath & Beyond Inc. BBBY is slated to release third-quarter fiscal 2019 results on Jan 8, 2020. […]

The information technology (IT) services industry is undergoing a major transformation owing to the rapidly-changing technology landscape. Rising demand for IT service solutions, driven by the ongoing digital transformation is a key driver for industry players. […]

The year 2019 was exceptionally good for the Dow, with the blue-chip index surging 20% or more. The index had registered several record highs, and is now on track to mark its best year since 2013. In fact, it steered past the coveted 28,000 mark for the first time in its 120-year history on Nov 15 […]

Lockheed Martin Corporation LMT once again has kept its F-35 delivery commitments by delivering more jets to its happy customers. Recently, the company delivered 134th F-35 aircraft for the year, exceeding the joint government and industry 2019 goal of 131 aircraft. The 134th aircraft is a Short Takeoff and Vertical Landing model for the United States Marine Corps. […]

The Howard Hughes Corporation HHC recently expanded its office portfolio with the acquisition of several properties in The Woodlands, Texas and West Houston Energy Corridor. The properties were purchased for an aggregate of $565 million from Occidental Petroleum Corporation OXY . […]

UMB Financial Corporation ’s UMBF strong balance sheet position and efforts to diversify operations will continue to aid its top-line growth. Also, its enhanced capital position makes it well poised to undertake expansion moves. However, escalating expenses and intense competition might impede bottom-line growth. […]