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RenaissanceRe Banks on Acquisitions, Cat Losses a Drag – Analyst Blog

We issued an updated research report on RenaissanceRe Holdings Ltd.RNR on Mar 30, 2015. Last month, the company reported fourth quarter 2014 earnings that surpassed the Zacks Consensus Estimate but declined year over year on lower revenues and increased Source
Posted On 01 Apr 2015

Morgan Stanley to Vend CNG Business After Fed Scrutiny – Analyst Blog

Heightened Federal Reserve scrutiny over physical commodity business led Morgan StanleyMS to divest its compressed natural gas (“CNG”) export operation to Pentagon Energy LLC. This was first reported by Reuters. Specifically, Pentagon Energy would be acquiring...
Posted On 01 Apr 2015

Keurig (GMCR) Boosts K-Cup Portfolio with Reily Foods Deal – Analyst Blog

Closely following the expansion of manufacture and distribution deal with Dunkin’ Brands Group Inc. DNKN and Dr Pepper Snapple Inc DPS , last month, Keurig Green Mountain Inc.GMCR entered into a multi year manufacturing and distribution agreement with Reily Source
Posted On 01 Apr 2015

Gambling Stock Roundup: MGM Resorts, Century Casinos Proceed with Expansion Plans; Japan Casino Bill Delayed – Analyst Blog

Companies in the gambling industry seem to be targeting portfolio expansion in order to survive a challenging environment. Both MGM Resorts International MGM and Penn National Gaming Inc. PENN moved ahead with their casino resorts in Massachusetts. Century Casinos Source
Posted On 01 Apr 2015

Fortune Brands Adds Norcraft to Cabinet Business – Analyst Blog

In line with its strategy of achieving growth through acquisitions, Fortune Brands Home & Security, Inc.FBHS announced that it has penned a deal to buy kitchen and bathroom cabinetry producer, Norcraft Companies Inc. Shares of the company jumped 6.1% Source
Posted On 01 Apr 2015

JDS Uniphase (JDSU) Raised to Hold on Favorable Factors – Analyst Blog

On Mar 25, 2015, Zacks Investment Research upgraded JDS Uniphase Corp.JDSU by a notch to a Zacks Rank #3 (Hold). Except for the last quarter, JDS Uniphase has delivered positive earnings surprises in three quarters last year, with an Source
Posted On 27 Mar 2015

Abiomed Attains New 52-Week High on Impella 2.5 Approval – Analyst Blog

Shares of Danvers, MA based Abiomed IncABMD scaled a new 52 week high of $74.70 in mid day trading on Mar 24, after the company announced late Monday that the FDA had approved its Impella 2.5 heart pump. The Source
Posted On 27 Mar 2015

Telefonica to Divest UK Operations to Hutchison – Analyst Blog

Spanish telecom behemoth Telefonica SATEF has decided to divest its U.K. wireless operations, which run under the O2 brand, to Hutchison Whampoa. Notably, Hutchison currently operates under the 3 UK brand in the nation. At present, O2 serves over Source
Posted On 27 Mar 2015

Lpath (LPTN) Crumbles on Failure of Kidney Cancer Drug Trial – Analyst Blog

Shares of Lpath, Inc . LPTN plunged in after market trading following the company’s announcement of dismal results from a phase IIa study on oncology candidate, Asonep. The single agent open label study on Asonep enrolled patients suffering from Source
Posted On 27 Mar 2015

Latest Deals Fail to Drive Tenet Healthcare (THC) Shares – Analyst Blog

Recently, Tenet Healthcare CorporationTHC signed a few deals to enhance its operations. However, the news of these agreements failed to drive share price owing to broader market dynamics.Tenet USPI JV The first definitive agreement that the company has entered Source
Posted On 27 Mar 2015