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 […]

Mergers & Acquisitions

International Paper Announces Cash Tender Offer For Any and All of its Outstanding 3.000% Notes due 2027 and Up to the Waterfall Tender Cap (as defined below) of its Outstanding 3.650% Notes due 2024 and 3.800% Notes due 2026

International Paper Announces Cash Tender Offer For Any and All of its Outstanding 3.000% Notes due 2027 and Up to the Waterfall Tender Cap (as defined below) of its Outstanding 3.650% Notes due 2024 and 3.800% Notes due 2026 PR Newswire MEMPHIS, Tenn., Sept. 8, 2020 MEMPHIS, Tenn. […]

Mergers & Acquisitions

NFP Acquires McKinley & DiMarco Insurance Services, Increasing Presence and Capabilities in Central Texas

NFP Acquires McKinley & DiMarco Insurance Services, Increasing Presence and Capabilities in Central Texas Acquisition brings additional P&C and employee benefits expertise to Austin-based team PR Newswire NEW YORK, Sept. 8, 2020 NEW YORK , Sept. 8, 2020 /PRNewswire-PRWeb/ — NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement and individual solutions, today announced the acquisition of McKinley & DiMarco Insurance Services Inc. […]

Stock Analysts

5 Reasons to Include TransUnion (TRU) in Your Portfolio

A wise investment decision involves buying well-performing stocks at the right time while selling those at risk. We believe TransUnion TRU , with a market capitalization of $16 billion and long-term (three to five years) expected EPS growth rate of 14%, has the potential to perform well and should be on investors’ radar. Here’s why the stock is currently a good pick. […]

Stock Analysts

Gol Linhas (GOL) Traffic and Load Factor Decline in August

Due to coronavirus-induced weak air-travel demand, Gol Linhas Aereas Inteligentes’ GOL traffic, measured in revenue passenger kilometres (RPK), plunged 71.8% year over year in August. With travel demand way below year-ago levels, the company reduced capacity significantly. In August, capacity measured in available seat kilometres (ASK) contracted 70.7%. […]