Articles in Business

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Restoration Hardware Surges on Upbeat Outlook - Analyst Blog

Gaining momentum from the better-than-expected results and an upbeat outlook, shares of Restoration Hardware Holdings, Inc . ( RH ) jumped 16% to close at $68.47 on Friday. In fact, share... Read >>

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What's in Store for Kroger in 1Q13 Earnings? - Analyst Blog

The Kroger Co. ( KR ) is slated to report its first-quarter fiscal 2013 results on Jun 20, 2013. In the last quarter, it posted a positive surprise of 25.7%. Let's see how things are... Read >>

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JPMorgan to Shed Private Equity Unit - Analyst Blog

JPMorgan Chase & Co . ( JPM ) is set to divest its private equity arm, One Equity Partners ('OEP'). This divestiture will aid One Equity Partners raise its own investment funds.... Read >>

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GenCorp Closes Rocketdyne Buy - Analyst Blog

Leading aerospace products manufacturer GenCorp Inc. ( GY ) recently completed the acquisition of the Pratt & Whitney Rocketdyne business from diversified business conglomerate ... Read >>

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Ellington Financial Upped to Strong Buy - Analyst Blog

On Jun 15, 2013, Zacks Investment Research upgraded Ellington Financial LLC ( EFC ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Ellington Financial has been witnessing rising... Read >>

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Key Announcements by Weyerhaeuser - Analyst Blog

Weyerhaeuser Company ( WY ) made a number of strategic announcements on June 16, 2013, all of which might have long-term implications on its operations once implemented. Firstly,... Read >>

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Monster Slumps on Possible AMA Ban Endorsement - Analyst Blog

Shares of Monster Beverage Corporation ( MNST ) slumped recently on news that the American Medical Association (AMA) may impose a ban on marketing of energy drinks. The AMA's House of... Read >>

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Company News for June 17, 2013 - Corporate Summary

•    JPMorgan Chase & Co. (NYSE: JPM ) said going forward its private equity arm One Equity Partners will not be dependent on the bank and will raise money from... Read >>

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New 52-Week High for Colfax - Analyst Blog

Shares of Colfax Corporation ( CFX ) touched a new 52-week high of $52.63 during its trading session on Jun 14. This represents an increase of 1.3% over its previous high.   Colfax... Read >>

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Lithia Acquires O'Brien Dealerships - Analyst Blog

Automotive retailer Lithia Motors Inc. ( LAD ) expanded its footprint in Salem, Ore. with the acquisition of O'Brien Auto Group of Salem. The sale included O'Brien's stores, which will... Read >>