Stock Analysts

Here’s Why Hold Strategy is Apt for Primerica (PRI) Stock

Primerica PRI is well-poised for growth, riding on compelling product portfolio, strong market presence and solid capital position. The company currently has an impressive VGM Score of B. The Zacks Consensus Estimate for 2020 and 2021 earnings has moved up 4.5% and 2.7%, respectively in the past 30 days, reflecting analysts’ optimism. […]

Economic Data

Tesla’s Snub, Vaccine-Makers’ Pledge

Tuesday, September 8, 2020 Stock market indexes are poised to take another big step down to start this first trading session of a holiday-shortened week, with the S&P 500 down 50 points, the Dow -260 and the tech-heavy Nasdaq off by a whopping 400 points — nearly 3.5% — a half-hour before the opening bell. The continuation of the pre-Labor Day selloff has now been complicated by a couple new headlines. Tesla TSLA shares are down 15% in today’s pre-market, after we find it had not been included in the S&P 500 index, as many had predicted. […]

Economic Data

Tech Stumbles, CEO’s Pledge Safe Vaccine Trial

Stock market indexes are poised to take another big step down to start this first trading session of a holiday-shortened week, with the S&P 500 down 50 points, the Dow -260 and the tech-heavy Nasdaq off by a whopping 400 points — nearly 3.5% — a half-hour before the opening bell. The continuation of the pre-Labor Day selloff has now been complicated by a couple new headlines. Tesla TSLA shares are down 15% in today’s pre-market, after we find it had not been included in the S&P 500 index, as many had predicted […]

Mergers & Acquisitions

BMC to Acquire Alderstone

BMC to Acquire Alderstone Acquisition streamlines and expedites ITSM modernization PR Newswire HOUSTON, Sept. 8, 2020 HOUSTON , Sept. 8, 2020 /PRNewswire/ — BMC , a global leader in IT solutions for the Autonomous Digital Enterprise, today announced the signing of a definitive agreement to purchase Alderstone , a leading provider of ITSM adoption and modernization solutions. […]

Stock Analysts

Garmin Boosts Portfolio Strength With Garmin Catalyst Launch

Garmin GRMN is making every effort to strengthen portfolio and expand across customers, which in turn has been driving revenues. The recent introduction of Garmin Catalyst is a testament to the same. Notably, Garmin Catalyst is a real-time coaching tool and driving performance optimizer that mounts inside the cockpit of a track car […]

Stock Analysts

Disney’s (DIS) Disney+ App Downloads Spike on Mulan’s Arrival

Disney 's DIS live-action remake of Mulan caused Disney+ app downloads to spike this weekend when it debuted on the streaming service after a theatrical release was cancelled in the United States, Canada and New Zealand due to the coronavirus outbreak, per a Bloomberg report . According to Sensor Tower, downloads of the Disney+ app spiked 68% from Sep 4 through Sep 6, compared to one weekend prior. Moreover, consumer spending on Disney+ also spiked 193% over the same period […]

Stock Analysts

Here’s Why Manulife (MFC) Stock is an Attractive Bet Now

Manulife Financial Corporation MFC has been in investors' good books on the back of strong Asian business, growing wealth and asset management business and robust capital position. The stock has seen its estimates for 2020 and 2021 move up 7.2% and 6.8%, respectively in the past 30 days, reflecting investor optimism. The company delivered an earnings surprise in two of the last four reported quarters with the average beat being 6.79%. […]