Articles by Zacks.com

RenaissanceRe to Issue Preferred Shares - Analyst Blog

Recently, RenaissanceRe Holdings Ltd. ( RNR ) announced a public offer to sell 11 million 5.375% Series E preference shares of $275 million or $25 per share, having liquidity preference.... Read >>

Goldman to Buy Keppel REIT Stake - Analyst Blog

The Goldman Sachs Group, Inc. ( GS ) announced its intention to buy a 6.7% stake in Keppel REIT from a subsidiary of Keppel Corporation ( KPELY ) for S$279.9 million ($223 million).... Read >>

Statoil U.S. Biz to Drive Growth - Analyst Blog

Norwegian major Statoil ASA ( STO ) intends to grow in the United States with investments in oil and gas assets valued in excess of $20 billion. Statoil has high expectations with respect... Read >>

Another Strong Natural Gas Storage Build - Analyst Blog

The U.S. Energy Department's weekly inventory release showed a larger-than-expected rise in natural gas supplies - the third in as many weeks - on account of milder-than-seasonal weather.... Read >>

Lockheed Wins Four in a Row - Analyst Blog

Lockheed Martin Corp. ( LMT ) turned out to be the major beneficiary of the 20 contracts, worth $717.7 million, handed out by the Department of Defense (DoD) very recently. Indeed the... Read >>

Raytheon to Ink $2.1B Oman Deal - Analyst Blog

Raytheon Company ( RTN ) is set to clinch a $2.1 billion arms deal to sell Oman an air defense system during the U.S. Secretary of State John Kerry's visit in the Gulf state this week. ... Read >>

Elan Provides Strategic Update - Analyst Blog

Elan Corporation ( ELN ) recently provided an update on its strategic plans for the future. The company plans several acquisitions and has other strategic initiatives lined up for further... Read >>

Top 5 Zacks #1 Ranked Energy Mutual Funds - Best of Funds

As the global appetite for energy continues to increase rapidly, governments and corporations alike are devoting greater resources for the discovery of new energy sources as well as the... Read >>

Actavis to Buy Warner Chilcott - Analyst Blog

Actavis, Inc. ( ACT ) recently announced its intention to acquire Warner Chilcott plc ( WCRX ) in a stock-for-stock transaction worth about $8.5 billion. This includes the assumption of... Read >>

THOR Downgraded to Underperform - Analyst Blog

On May 20, 2013, we downgraded Thoratec Corp. ( THOR ) to Underperform based on its first quarter 2013 earnings results. On May 2, Thoratec announced its results for the reported quarter.... Read >>