Stock Analysts

Shell (RDS.A) Resumes Work at Prelude Floating LNG Facility

Royal Dutch Shell plc RDS.A recently confirmed that it resumed activities at Prelude floating liquefied natural gas (LNG) facility offshore Western Australia. The facility remained offline since February due to engineering glitches. This suspension followed an order from Australia's upstream regulator to perform additional work following three safety incidents that took place at the facility between September and January. […]

Stock Analysts

Why Should You Hold Synchrony Financial in Your Portfolio?

Synchrony Financial SYF is well-poised for growth on the back of rising interest income and inorganic growth strategies. The company is expected to make progress, evident from its favorable VGM Score of B. Here V stands for Value, G for Growth and M for Momentum with the score being a weighted combination of all three factors. […]

Stock Analysts

Airline Stock Roundup: UAL’s Expansion Update, GOL’s August Traffic Report & More

In the past week, United Airlines UAL announced that due to the uptick in air-travel demand, it plans to increase its October flying schedule to 40% of its full schedule from 34% in September. Taking advantage of this improvement in travel demand (particularly for leisure), Spirit Airlines SAVE too issued an expansion update. Meanwhile, Hawaiian Airlines, the wholly-owned subsidiary of Hawaiian Holdings HA , became the latest carrier to eliminate change fees. […]

Stock Analysts

Petrobras Discovers High Productivity at Jupiter Oilfield

Petroleo Brasileiro S.A. or Petrobras PBR recently concluded the formation test in the pre-salt exploration area of Jupiter oilfield at the Santos Basin. The outcomes of the same ascertain the high productive capacity of the well, which comprises condensed oil of top-class quality with elevated flow rates, thereby strengthening the prospects of the region […]

Mergers & Acquisitions

Second Avenue Capital Partners Provides $35 Million Facility Supporting The New Sur La Table

Second Avenue Capital Partners Provides $35 Million Facility Supporting The New Sur La Table PR Newswire BOSTON, Sept. 8, 2020 BOSTON , Sept. 8, 2020 /PRNewswire/ — Second Avenue Capital Partners, LLC (“SACP”) ( www.secondavecp.com ) announced it has provided a $35,000,000 senior secured credit facility to a joint venture of Marquee Brands and CSC Generation in support of their newly acquired luxury kitchenware retailer Sur La Table. […]

Stock Analysts

Here’s Why You Should Buy Horace Mann Educators (HMN) Stock

Horace Mann Educators Corporation HMN is well-poised for growth, riding on transformational actions and profitability initiatives, niche market focus and a sturdy financial position. The Zacks Consensus Estimate for 2020 and 2021 earnings has moved up 11.1% and 3.4%, respectively in the past 30 days, reflecting analysts’ optimism. Return on equity of 7.6% in the trailing 12 months was slightly better than the industry average of 7.5%, reflecting the company’s efficiency in utilizing shareholders’ funds […]