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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

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

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

IBM Announces $3B IoT Investment for Enterprise Market – Analyst Blog

IBM CorporationIBM has recently announced its investment plans regarding Internet of Things (IoT) for the enterprise market. The company plans to invest $3 billion over the next four years to set up a new IoT unit as well as Source
Posted On 01 Apr 2015

Archer Daniels (ADM) to Buy European Oil Bottling Company – Analyst Blog

Moving ahead with its strategy of enhancing returns by focusing on growing its core business and making strategic acquisitions, Archer Daniels Midland CompanyADM penned a deal to buy a privately owned oil bottling company, AOR N.V. Though the financial Source
Posted On 01 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