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4 Good Investments for Good Friday – Analyst Blog

Good Friday is officially a holiday for the Wall Street and the U.S. stock exchanges. Except for three occasions (per Bloomberg 1898, 1906 and 1907), the New York Stock Exchange the largest and one of the oldest exchanges of Source
Posted On 03 Apr 2015

Corning Grows In-Building Wireless Suite with iBwave Buyout – Analyst Blog

In a bid to expand its in building wireless portfolio, Corning IncorporatedGLW recently revealed that it has acquired iBwave Solutions. The terms of the agreement, however, were not made public. Based in Montreal, Canada, iBwave provides design software for Source
Posted On 03 Apr 2015

Nordstrom Refinances $800 million Credit Facility – Analyst Blog

In a move to take advantage of the current favorable credit market and enhance its financial flexibility, Nordstrom Inc.JWN recently completed the refinancing of a new senior unsecured revolving credit facility worth $800 million. The new facility, which has Source
Posted On 03 Apr 2015

Alcoa to Curtail Smelting at Brazilian Facility – Analyst Blog

Aluminum giant, Alcoa Inc.AA announced that it will curtail the remaining 74,000 metric tons of capacity at its Sao Luis facility in Brazil. In the upstream portfolio, Alcoa continues to take strategic actions, including reduction of high cost operating Source
Posted On 01 Apr 2015

Genworth Suffers Weakness in LTC Business, Estimates Down – Analyst Blog

We issued an updated research report on Genworth Financial Inc . GNW on Mar 30, 2015. Genworth incurred loss in the fourth quarter that compared unfavorably with the Zacks Consensus Estimate and year ago earnings due to substantial loss Source
Posted On 01 Apr 2015

Kimco and RioCan Buy Stake in Each Others JVs – Analyst Blog

In a significant development, Kimco Realty CorporationKIM , the New Hyde Park, NY based retail real estate investment trust (“REIT”) and RioCan Real Estate Investment Trust (“RioCan”), the largest REIT in Canada, have inked a mutually beneficial strategic...
Posted On 01 Apr 2015

Amgens Kyprolis Gets FDA Priority Review for Expanded Use – Analyst Blog

Amgen Inc.AMGN received encouraging news with the FDA granting priority review to the company’s supplemental new drug application for its multiple myeloma drug, Kyprolis. Amgen is looking to convert Kyprolis’ accelerated approval to full approval and to expand its Source
Posted On 01 Apr 2015

BOK Financials Loan Growth on Track, Revenues to Rise? – Analyst Blog

On Mar 30, 2015, we issued an updated research report on BOK Financial CorporationBOKF . The company’s growth prospects look promising based on its organic growth. However, the rising expense base remains a concern. Period end loans grew at Source
Posted On 01 Apr 2015

Ford (F) to Relaunch Lincoln Continental Luxury Sedan – Analyst Blog

Per media reports, Ford Motor Co.F is planning to re introduce the Lincoln Continental with a 2016 version that will be showcased at the New York International Auto Show. With the re launch, Ford aims to offer Americans a 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