Articles by Zacks.com

Hudson Acquires Asset, Ups Guidance - Analyst Blog

Consistent with its strategy of adding high-class properties, Hudson Pacific Properties, Inc. ( HPP ) recently penned a joint venture deal with M. David Paul & Associates/Worthe... Read >>

Euronet to Acquire Ukranian ATMs - Analyst Blog

Euronet Ukraine LLC - the Ukrainian arm of Euronet Worldwide Inc. ( EEFT ) - announced an agreement to purchase 172 ATMs from UkrSibbank, the third largest bank in Ukraine. Additionally,... Read >>

FDA Accepts Merck's Sleep Drug NDA - Analyst Blog

Merck ( MRK ) recently announced that the US Food and Drug Administration (FDA) has accepted its new drug application (NDA) for its insomnia candidate, suvorexant. The agency granted... Read >>

Fifth Third to Repurchase Shares - Analyst Blog

Fifth Third Bancorp ( FITB ) has recently inked a deal to buy back about $125 million of its outstanding common stock. The share repurchase deal reached with Credit Suisse International, a... Read >>

Arrow Inks Agreement with Emerson - Analyst Blog

Arrow Electronics, Inc. 's ( ARW ) operating unit Arrow Enterprise Computing Solutions (ECS) recently signed a distribution agreement with Emerson Network Power. This will introduce... Read >>

Magna Beats Estimates - Analyst Blog

Magna International Inc. ( MGA ) reported adjusted earnings per share of $1.13 in the third quarter of 2012, up 20.2% from 94 cents in the year-ago quarter and outpaced the Zacks Consensus... Read >>

Priceline Signs Deal to Buy Kayak - Analyst Blog

Priceline.com Inc. ( PCLN ) announced that it has signed an agreement to buy Kayak Software Corp. for $1.8 billion or $40 per share, in a move to expand its online travel business. Under... Read >>

GM Fattens Credit Line - Analyst Blog

General Motors Company ( GM ) succeeded in near doubling its credit facility of $5 billion in a bid to strengthen its cash reserve, as planned. The automaker acquired $11 billion in new... Read >>

DTS Posts Loss in 3Q - Analyst Blog

DTS Inc. ( DTSI ) reported dismal third quarter results. The company reported a loss of 70 cents per share (excluding amortization & acquisition cost but including stock-based... Read >>

Microchip Misses Again in 2Q - Analyst Blog

Microchip Technology Incorporated ( MCHP ) posted a net loss of $21.2 million or 11 cents in the second quarter of 2013 income (ending June 30, 2012) compared to a net income of $78.7... Read >>