Zacks Investment Research

WPX Energy Inc. (NYSE:WPX) recently decided to lower its 2020 capital expenditure guidance by nearly 25% to $1,275-$1,400 million from the prior expectation of $1,675-$1,800 million after taking...

Newmont Corporation (NYSE:NEM) has announced that mining operations at Yanacocha will be required to safely ramp down in accordance with the coronavirus-related government restrictions in Peru....

Cerner Corporation (NASDAQ:CERN) is well poised for growth on the back of big data based electronic health records (EHR) system and strategic deals. However, sluggishness in both gross and operating...

Wednesday, March 18, 2020Pre-market futures are halted again at this hour, triggered by another big early-trading selloff on the major U.S. indexes following lower trading overnight in Asia and...

Shares of Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) are up 11.54% after it announced that it has identified antibodies, which can possibly treat COVID-19.The company is developing a novel...

NextGen Healthcare, Inc. (NASDAQ:NXGN) recently announced the availability of NextGen Patient Experience Platform. This newly available platform is likely to enable high-quality healthcare apart...

Consumer spending activity, which remains one of the pivotal factors driving the economy, has somewhat slowed down. This was clearly evident from U.S. retail sales data for the month of February that...

General Mills, Inc. (NYSE:GIS) released third-quarter fiscal 2020 results, wherein the bottom line declined year over year largely due to lower adjusted operating profit. Sales remained flat and...

CACI International Inc (NYSE:CACI) recently won a six-year single-award task order to support U.S. Africa Command (AFRICOM) with its advanced mission expertise. The contract value is capped at $249...

Earnings estimates for the current and next fiscal for Ciena Corporation (NYSE:CIEN) have moved up 18.5% and 40.9%, respectively, in the past year, implying robust inherent growth potential. With...

As coronavirus fears deepened, the bull market has turned into a bear market in less than a month. This is especially true as the S&P 500 has been witnessing wild swings lately and is on track for...

Juniper Networks, Inc. (NYSE:JNPR) recently invested an undisclosed amount in StackPath LLC, a global platform that offers secure edge computing resources, to fund R&D, engineering and...

The looming threat of recession is on the rise due to COVID-19 outbreak induced weakening in macroeconomic environment. The coronavirus crisis has sent ripples across the U.S. stock market, with the...

Like several other retailers, Ulta Beauty, Inc. (NASDAQ:ULTA) announced temporary store closure plans amid the growing spread of COVID-19. The beauty retailer said that it will temporarily shut down...

The Procter & Gamble Company (NYSE:PG) PG was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing...

After the launch of Intelsat S.A.’s (NYSE:I) 35e geostationary communications satellite (COMSAT), the pioneer of space technology services is all set to launch another high-throughput...