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Machinery company Colfax Corporation (NYSE:CFX) announced yesterday that it has completed the sale of its Fluid Handling business to CIRCOR International, Inc for approximately $863 million. The...
SunPower Corporation (NASDAQ:SPWR) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than...
Ericsson (BS:ERICAs) (NASDAQ:ERIC) has been selected by Verizon Communications Inc. (NYSE:VZ) to provide networking equipment for the latter’s commercial 5G launch. Verizon is scheduled to...
Industrial goods manufacturer IDEX Corporation (NYSE:IEX) recently inked a definitive agreement to acquire German firm — thinXXS Microtechnology AG — for an undisclosed amount. Post...
Aon plc’s (NYSE:AON) robust inorganic growth has boosted its foothold in the insurance brokerage market. The company’s acquisitions mainly aim at expanding the health and benefits...
Alibaba Group Holding Limited (NYSE:BABA) is reportedly expanding its presence in India. The Chinese e-commerce giant is in talks to buy 25% stake in India’s largest grocery site...
Verizon Communications Inc (NYSE:VZ) has reportedly inked a five-year digital streaming deal with the National Football League (NFL). The telecom service provider will pay approximately $2.25...
HSBC Holdings Plc (LON:HSBA) (NYSE:HSBC) is set to put behind the money laundering fraud it was involved in five years ago and is committed to improve security and compliance systems. The Department...
Shares of Grubhub Inc. (NYSE:GRUB) hit a new 52-week high of $70.74, eventually closing a bit lower at $70.34 on Dec 11.The company’s diverse restaurant base, broader marketing reach and...
Franklin Resources Inc. (NYSE:BEN) announced preliminary assets under management (AUM) by its subsidiaries of $753.2 billion for November 2017. Results displayed improvement from $750.7 billion...
Student Housing REIT American Campus Communities (NYSE:ACC) is anticipated to ride the growth curve driven by its superior development pipeline. In fact, in a recent video interview at REITworld...
RLI Corp. (NYSE:RLI) has been witnessing downward revisions over the last 60 days, evident from its bearish Zacks Rank #4 (Sell). Catastrophe loss dragging the underwriting performance as well as...
On Dec 11, we issued an updated research report on leading medical devices company Inogen Inc. (NASDAQ:INGN) . The stock carries a Zacks Rank #3 (Hold).Inogen's price movement over the past six...
All eight indexes on our world watch list have posted gains for 2017 through December 11. The top performer thus far is Hong Kong's Hang Seng with a gain of 31.66%, followed by India's BSE SENSEX at...
Long Splunk (NASDAQ:SPLK) Long Supervalu (NYSE:SVU) Short Anadarko Petroleum (NYSE:APC) Original Post