Fiserv, Inc. FISV recently announced a new appointment to its board of directors. Denis J. O’Leary will join the company’s board as non-executive chairman, effective Jan 1, 2021.
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
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.
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
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
Something shocking just happened: Treasury Secretary Steven Mnuchin cut off a $454-billion program the Federal Reserve uses to keep the bond market running.
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 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.
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 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
Liquidia Technologies, a subsidiary of Liquidia Corporation LQDA announced that the FDA has issued a complete response letter to its new drug application seeking approval of LIQ861.
In Libya's frontline city of Sirte, parts of which still lie in ruins, the commission set up to oversee warring rivals' recent ceasefire has put its name on a large downtown conference centre - an outward sign of its commitment to peace.
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
Coronavirus cases in the United States have been on the rise and there are no signs of it slowing down. This has seen people continuing with working and learning from home as efforts of reopening schools and offices have all flopped.
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
MDU Resources Group MDU announced a $3-billion capital expenditure plan for the next five years from 2021 through 2025. This announcement was made on Nov 20 and the company’s shares have gained 4.9% since the release.
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
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 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
On Nov 25, we issued an updated research report on Ingersoll Rand Inc. IR.In the past three months, this Zacks Rank #3 (Hold) stock has returned 27.4% compared with the industry’s growth of 14.6%.