Articles in Business

First Citizens Banc to Acquire TCNB Financial for $17.2M - Analyst Blog

Two Ohio based banks, First Citizens Banc Corp. ( FCZA ) and TCNB Financial Corp have entered into a definitive merger agreement. Per the agreement, Sandusky, OH based First Citizens Banc has... Read >>

Darden Q1 Earnings In Line, Strategic Initiatives on Track - Analyst Blog

Restaurateur, Darden Restaurants Inc. ( DRI ) posted first quarter fiscal 2015 results. Earnings and same restaurant sales were in line with the numbers provided in its preliminary results on Sep... Read >>

Will M&T Bank's Top Line Revive or Is it a Send-Off Signal? - Analyst Blog

On Sep 5, 2014, we issued an updated research report on M&T Bank Corporation ( MTB ). A robust capital base and enhanced credit quality remained strengths while weakening top line and... Read >>

PrivateBancorp Up to Strong Buy on TruPS Redemption - Analyst Blog

On Sep 12, Zacks Investment Research upgraded PrivateBancorp, Inc. ( PVTB ) to a Zacks Rank #1 (Strong Buy).Why the Upgrade? Trust preferred securities (TruPS) redemption following strong second... Read >>

Honeywell's UOP to Help Meet Chinese Petrochemical Demand - Analyst Blog

UOP LLC, a subsidiary of Honeywell International Inc. ( HON ), recently announced that its Oleflex process technology was selected by Chinese company Shandong Shouguang Luqing Petrochemical Co.... Read >>

Dow 30 Stock Roundup: Boeing Bags $11B Order, GE to Sell Appliance Unit to Electrolux - Analyst Blog

The Dow had a dismal week as energy prices continued to dominate proceedings. The blue chip index dropped on Monday after crude prices extended their losses to hit multi month low. Concerns about... Read >>

Health Care REIT Boosts Liquidity; Guides 2H14 Buyouts - Analyst Blog

Health Care REIT, Inc. ( HCN ) disclosed the offering of 15.5 million common shares to strengthen its liquidity position. The company also provided underwriters a 30 day option to buy additional... Read >>

Tyco Hikes Share Buyback Plan, Approves Subsidiary Merger - Analyst Blog

Shareholders of security and protection services provider Tyco International Ltd. ( TYC ) recently approved a plan to increase its share repurchase program by an additional $1 billion. The... Read >>

Francesca's Misses on Q2 Earnings & Sales; Q3 Outlook Low - Analyst Blog

Francesca's Holdings Corp.'s ( FRAN ) earnings of 24 cents per share in the second quarter of 2014 missed the Zacks Consensus Estimate of 27 cents by 11.1%. It also fell 27.3% year over year due... Read >>

Honda Gains from Business Expansion & Product Launches - Analyst Blog

On Sep 11, 2014, we issued an updated research report on Honda Motor Co. Ltd. ( HMC ). The company reported positive earnings surprises in the last three quarters with an average beat of 2.7%.... Read >>