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Cleveland-Cliffs' (CLF) ArcelorMittal USA Buyout Gets FTC Nod

5 years 11 months ago
Cleveland-Cliffs Inc. CLF received an early termination notice of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 from the Bureau of Competition of the Federal Trade Commission (“FTC”) regarding its proposed acquisition of substantially all o

Factors You Must Note Ahead of NetApp's (NTAP) Q2 Earnings

5 years 11 months ago
NetApp NTAP is slated to report second-quarter fiscal 2021 earnings on Dec 1.The company anticipates non-GAAP earnings for second-quarter fiscal 2021 between 66 cents and 74 cents per share. The Zacks Consensus Estimate for earnings stands at 72 cents, suggesting a decline of 33.

Here's Why Hold Strategy is Apt for Astec (ASTE) Stock Now

5 years 11 months ago
Astec Industries, Inc. ASTE is poised well to gain on its strategy for profitable growth — Simplify, Focus and Grow. Launch of new products, acquisitions, efforts to grow part sales volumes and international business will continue to drive the top line. Savings from cost-reduct

Red Robin Gourmet (RRBG) Outruns Peers, Soars 118% in 3 Months

5 years 11 months ago
Despite the coronavirus pandemic, shares of Red Robin Gourmet Burgers, Inc. RRGB have soared 118.2% in the past three months, compared with the industry’s growth of 8.1%. The upside was driven by robust off-premise sales, reopening of dining rooms and effective marketing strate

Moderna (MRNA) Inks Europe Supply Deal for COVID-19 Vaccine

5 years 11 months ago
Moderna, Inc. MRNA) announced that it has signed a supply agreement with the European Commission for 80 million doses of its coronavirus vaccine candidate, mRNA-1273. The company has been in advanced discussions for this deal with the European Commission since August. Per the agr

Athene (ATH) Inks Deal to Acquire Donlen From Hertz Global

5 years 11 months ago
Athene Holding Ltd ATH has inked a stock and asset purchase agreement with Hertz Global Holdings, Inc. to buy its wholly-owned subsidiary, Donlen Corporation. The purchase consideration of $825 million is subject to adjustments for fleet equity, working capital and assumed debt.

LabCorp (LH) Expands in New Jersey With Clinical Trial Deal

5 years 11 months ago
Laboratory Corporation of America Holdings LH or LabCorp recently entered into a multi-faceted collaboration agreement to expand clinical trial access in New Jersey. The company joined forces with Circuit Clinical, a physicians and clinical research professionals network, and Riv

Nokia (NOK), A1 to Provide Private Wireless at Siemens Campus

5 years 11 months ago
Nokia Corporation NOK has teamed up with Austria’s leading communications service provider, A1 Telekom, to provide a private wireless network for Siemens’ SIEGY microgrid, which is deployed at its country headquarters in Vienna.On Nov 9, Nokia announced that it has partnered

Global Steel October Production Up Even as China Output Cools

5 years 11 months ago
Global crude steel production expanded in October as continued spike in production from China — the world's biggest steel producer — neutralized declines across certain other major producers. Coronavirus-led disruptions continued hurt output across several steel-producing cou

Global Net Lease's (GNL) Shares March Higher, Can It Continue?

5 years 11 months ago
As of late, it has definitely been a great time to be an investor in Global Net Lease, Inc. GNL. The stock has moved higher by 6.5% in the past month, while it is also above its 20 day SMA too. This combination of strong price performance and favorable technical could suggest tha

Moving Average Crossover Alert: Independent Bank Corp (IBCP)

5 years 11 months ago
Independent Bank Corporation IBCP is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for IBCP broke out above the 200 Day Simple Moving Average, sug

Moving Average Crossover Alert: Fox Corporation (FOXA)

5 years 11 months ago
Fox Corporation FOXA is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for FOXA broke out above the 200 Day Simple Moving Average, suggesting a sho

Baxter (BAX) Gets FDA Nod for Homechoice Claria APD System

5 years 11 months ago
Baxter International Inc. BAX recently attained FDA approval for the Homechoice Claria automated peritoneal dialysis (APD) system with Sharesource connectivity platform. It is worth mentioning here that the clearance comes on the heels of the recent finalization of the End-S
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