Latest Articles
Northrop Grumman Hits 52-Week High - Analyst Blog
5/9/2013, 5:24 pm from Zacks.com in Investing, Business, Stocks
On May 8, 2013, the shares of Northrop Grumman
Corp. ( NOC
) climbed to a 52-week high of $77.82 primarily driven by strong
results in the first quarter of 2013. The company's top and bottom
line surpassed the Zacks Consensus Estimates primarily due to
robust operating performance as well as a lower share... Read >>
NextEra to Buy GE's New Wind Turbines - Analyst Blog
5/9/2013, 5:24 pm from Zacks.com in Investing, Business, Stocks
NextEra Energy Inc. ( NEE ) announced its
intention to purchase 59 wind turbines from General
Electric ( GE ). General Electric
recently launched a line of advanced wind turbine technology that
is expected to ensure efficient and reliable power service. The
1.7-100 MW brilliant turbines at a height of... Read >>
Walmart Stays Neutral - Analyst Blog
5/9/2013, 5:23 pm from Zacks.com in Investing, Business, Stocks
We maintain our Neutral recommendation on Wal-Mart
Stores, Inc. ( WMT ) following
appraisal of its fourth quarter 2013 results. Why the Reiteration? Walmart posted better-than-expected fourth quarter earnings of
$1.67 per share and beat the prior-year earnings by 10.6%,
benefitting largely from a... Read >>
Franklin's April AUM Advances - Analyst Blog
5/9/2013, 5:23 pm from Zacks.com in Investing, Business, Stocks
Franklin Resources Inc. ( BEN ) declared
preliminary assets under management (AUM) of $847.5 billion by its
subsidiaries for Apr 2013. The company's AUM rose 2.9% from $823.7
billion as of Mar 31, 2013. Moreover, it increased 16.7% from
$726.4 billion as of Apr 30, 2012.
Month-end total equity assets... Read >>
KBR Wins Turnaround Contract - Analyst Blog
5/9/2013, 5:23 pm from Zacks.com in Investing, Business, Stocks
KBR Inc. ( KBR ) recently
announced that it has been selected by a major leading chemical
company to perform turnaround services for its pyrolysis gasoline
(pygas) unit on the US Gulf Coast. As per the terms of the
contract, KBR will look after the issues relating to regulatory
maintenance, mechanical... Read >>
AMD's New Memory Series for Gamers - Analyst Blog
5/9/2013, 5:22 pm from Zacks.com in Investing, Business, Stocks
In a bid to focus on the growing popularity of gaming devices,
Advanced Micro Devices Inc. ( AMD ) recently launched
its new Gamer Series Memory, AMD Radeon™ RG2133 and Radeon™ RAMDisk
4.1. The newly introduced Radeon RG2133 Gamer Series Memory is ideal
for users who need superior performance for gaming.... Read >>
Honda Recalls Fit MPVs - Analyst Blog
5/9/2013, 5:22 pm from Zacks.com in Investing, Business, Stocks
Honda Motor Co. ( HMC ) plans to recall
46,000 units of its Fit multi-purpose vehicles (MPVs) in the U.S.
and Canada in order to fix their defective electronic stability
control systems. Fit, also known as Honda Jazz in some non-U.S.
markets, is a five-door mini MPV, first introduced in June
2001.
... Read >>
NCR Wins Barclays, ANZ Bank Deals - Analyst Blog
5/9/2013, 5:21 pm from Zacks.com in Investing, Business, Stocks
After reaching a 52-week high on May 3, NCR
Corporation ( NCR ) has won a couple
of new deals, which are expected to be favorable for its share
price. This time NCR has won a deal from the Barclays Bank of
Ghana. According to the deal, the bank will take support from NCR
and provide its customers 24-hour... Read >>
E-commerce software company ChannelAdvisor sets terms for $75 million IPO
5/9/2013, 5:12 pm from Renaissance Capital in News Headlines, IPOs
ChannelAdvisor, which provides e-commerce software that enables
customers to sell across multiple online channels, announced terms
for its IPO on Thursday. The Morrisville, NC-based company plans to
raise $75 million by offering 5.8 million shares at a price range
of $12 to $14. At the midpoint of the proposed... Read >>
Activity in Foreign Exchange Markets Rules Overall Direction
5/9/2013, 5:00 pm from Minyanville in Investing, Stocks
Overnight, the Bank of South Korea cut its main interest rate to
2.5% from 2.75%, the 511th rate cut by global central banks since
2007, according to Bank of America Merrill Lynch. In other central
bank news, the Bank of England kept its policy on hold. Bank of
Canada Governor Mark Carney will take over in July... Read >>