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New Plan for Hologic's Mammography - Analyst Blog

In an attempt to exhibit the benefits of 3D mammography (breast tomosynthesis) over conventional 2D mammography, Hologic Inc. ( HOLX ) has planned to carry its 3D mammography in a new mobile mammography coach for a 12 month trip. Accordingly, this leading provider of healthcare products for women formed an... Read >>

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Nash Finch Beats, Falls Y/Y - Analyst Blog

The Nash Finch Company ( NAFC ) reported fourth-quarter 2012 earnings (excluding one-time items) of 49 cents per share substantially lower than 97 cents per share in the year-ago period. Earnings, however, surpassed the Zacks Consensus Estimate by a penny.  Quarterly Details Nash Finch's total sales in... Read >>

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Berkshire Beats by a Penny - Analyst Blog

Berkshire Hathaway Inc. ( BRK.A ) ( BRK.B ) reported fourth quarter 2012 operating earnings of $1.14 per share, a penny ahead of the Zacks Consensus Estimate. Results also compared favorably with $1.08 per share reported in the year-ago quarter. Net income (a GAAP measure), which includes a number of... Read >>

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Exxon Closes $2.6B Celtic Deal - Analyst Blog

ExxonMobil Canada − the Canadian unit of ExxonMobil Corporation ( XOM ) has finally completed the acquisition of Calgary-based oil and gas driller Celtic Exploration Ltd. in a deal valued at C$2.59 billion ($2.63 billion). ExxonMobil's proposal to purchase Celtic in Oct 2012 received consent from the... Read >>

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Magna Beats in 4Q, Profits Rise - Analyst Blog

Magna International Inc. ( MGA ) reported earnings per share of $1.49 in the fourth quarter of 2012, up 12.9% from $1.32 in the year-ago quarter and outpaced the Zacks Consensus Estimate of $1.14. Net income increased 12.5% to $351.0 million from $312.0 million in the year-ago quarter. Revenues went up... Read >>

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Hess Continues Ghana Exploration - Analyst Blog

Hess Corporation ( HES ) has struck oil at the exploratory well on the Deepwater Tano/Cape Three Points block offshore Ghana. This marks the seventh successful drilling by Hess in the block. The exploratory well − Pecan North-1 − encountered approximately 40 feet of net oil pay in the Turonian-aged... Read >>

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DPS Acquires Bottling Company - Analyst Blog

Dr Pepper Snapple Group Inc. ( DPS ) recently acquired its bottling company of the west, Dr. Pepper/7-UP based in Reno, Nev. Following the acquisition, Dr Pepper Snapple Group will have business assets as well as the distribution rights of the bottling company's territory. Dr. Pepper/7-UP bottling... Read >>

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Lexmark Offers $400M Senior Notes - Analyst Blog

Lexmark Inc. ( LXK ) recently commenced a public offering of senior notes worth $400.0 million. The notes will carry an interest rate of 4.875% and are set to mature on Mar 15, 2020. Lexmark filed for the registration with the U.S. Securities and Exchange Commission. J.P. Morgan Securities LLC (an unit... Read >>

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Zacks Top Ranked Small Cap ETF: SCHA - ETF News And Commentary

Stock markets are continuing their climb upwards. The benchmark S&P 500 is now firmly above the key 1500 level, while forward looking data has been solid as well. This has given investors some level of confidence in a rally going forward, especially given the lack of reaction to the sequester and other... Read >>

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hhgregg Downgraded to Underperform - Analyst Blog

On Feb 28, we downgraded hhgregg Inc. ( HGG ) to Underperform due to a disappointing third quarter fiscal 2013 (ended December 31, 2012) and a consequent cut in fiscal 2013 outlook, particularly due to continued decline in the video category. Why the Downgrade? Appliance and electronics retailer, hhgregg... Read >>