Company Overview and News

to your dashboard

Headline News

U.S. business borrowing for equipment rises 2 pct in Oct - ELFA

31m reuters
Nov 20 (Reuters) - U.S. companies’ borrowing to spend on capital investment rose 2 percent in October from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday, citing increased confidence in the economy. (83-0)

Boeing Remains Best Dow Stock on Boost From Dubai Orders

2017-11-18 247wallst
Boeing Co.’s (NYSE: BA) share price added about 0.5% last week, making up for an equal-sized loss the week before. The stock easily held on to its position as the best performing stock among the 30 stocks that make up the Dow Jones Industrial Average. Shares gained $1.41 last week to boost the year-to-date gain to 68.5%. (268-0)

Rockwell Automation (ROK) Stock Up on Emerson's Raised Offer

2017-11-17 zacks
Shares of Rockwell Automation Inc. (ROK - Free Report) were up 2.59% to close at $193.61 on Nov 16  as rival Emerson Electric Co. (EMR - Free Report) sweetened its offer to acquire the former at $225 per share. This translated the total value of the deal to $29 billion. Notably, this is Emerson’s third attempt to acquire the automation products manufacturer.   The consideration would be paid in $135 per share in cash and $90 per share in Emerson shares. (52-0)

Bemis Rides on Restructuring Plan, Hurricane Effect a Woe

2017-11-17 zacks
On Nov 16, we issued an updated research report on Bemis Company, Inc. (BMS - Free Report) , maker of flexible packaging products and pressure sensitive materials. The company is likely to benefit from successful implementation of restructuring and cost-savings plan, modifications of business model and focus on innovation. However, its quarterly performance will be affected by hurricane-related impact as well as restructuring expenses. (64-0)

Trump Is Warned of the Political Pain Nafta’s Death Would Bring - Bloomberg

2017-11-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (51-0)

Stock Market News For Nov 16, 2017

2017-11-16 zacks
The Dow and the S&P 500 posted steep declines on Wednesday after energy shares tanked following a decline in oil prices. This also marked the S&P 500 and Dow’s worst one-day drop since Sep 5. Additionally, worries centered on a possible delay in tax reforms also led the markets lower. Meanwhile, the Senate Finance Committee announced major amendments to its version of the tax bill. The proposal abolishes the individual mandate of Obamacare and increases the child tax credit. (130-0)

Reasons Why You Should Sell Astec (ASTE) Stock Right Now

2017-11-16 zacks
Astec Industries, Inc. (ASTE - Free Report) has been disappointing investors, of late, given that shares of this road building equipment maker have recorded a decline of 23.3% year to date. Here’s what might drive the stock lower and why investors should sell the stock. Estimates Moving South The Zacks Consensus Estimates for 2017 and 2018 have moved down in the past 60 days, reflecting bearish analyst sentiments. (69-0)

How Caterpillar (CAT) Stock Stands Out in a Strong Industry

2017-11-16 zacks
One stock that might be an intriguing choice for investors right now is Caterpillar Inc. (CAT - Free Report) . This is because this security in the Manufacturing-Construction and Mining space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. (62-0)

Nikkei ends 6-day losing streak; SoftBank, Shiseido gain

2017-11-16 reuters
TOKYO, Nov 16 (Reuters) - Japan’s Nikkei share average rose on Thursday, as buyers stepped back in for bargains following six straight days of losses, with SoftBank gaining after a report that it plans to invest as much as $25 billion in Saudi Arabia. (52-0)

Caterpillar, Coca-Cola Lead DJIA Down Wednesday

2017-11-15 247wallst
November 15, 2017: Markets opened lower for the third straight day Wednesday as crude oil prices opened lower and there were worries over China’s growth prospects. The consumer price index and retail sales reports were encouraging while the crude oil inventory report showed an unexpected gain. Energy was the day’s worst performing sector while telecom showed a decent gain. WTI crude oil for December delivery settled at $55. (61-0)

Superb Earnings Growth Keeps Caterpillar (CAT) a Strong Buy

2017-11-15 investorplace
The current recommendation of Strong Buy for Caterpillar Inc (NYSE:CAT) is derived using Louis Navellier's Portfolio Grader stock evaluator, which incorporates his investing methodology. CAT has maintained this ranking for the last month. (49-0)

Manitowoc to Drive Margin Expansion on Strategic Initiatives

2017-11-15 zacks
The Manitowoc Company Inc. (MTW - Free Report) is well poised to gain from the rising demand in the Americas’ energy and commercial construction markets. Also, it is making significant progress in the implementation of The Manitowoc Way to boost the four key strategic priorities — margin expansion, growth, innovation and velocity — that are likely to aid in delivering double-digit margin growth in the long term. (54-0)

Ball Corporation (BLL) Down to Strong Sell on Dismal Trends

2017-11-15 zacks
On Nov 15, Ball Corporation (BLL - Free Report) was downgraded to a Zacks Rank #5 (Strong Sell) due to a number of concerns, including damages caused by the U.S. hurricanes, and spike in freight and fuel rates. Demand volatility in the EMEA (Europe, Middle East and Africa) region and elevated expenses also remain headwinds. (121-0)

Terex (TEX) Taps Growth With Product & Backlog Strength

2017-11-15 zacks
On Nov 14, we issued an updated research report on Terex Corporation (TEX - Free Report) . The company is anticipated to benefit from its focus on strategic priorities and product development. Disciplined capital-allocation strategy and strong backlog also bode well for the company. After posting an impressive performance in third-quarter 2017, Terex raised its full-year 2017 adjusted EPS guidance range to $1. (104-0)

Where Have All The Star Stock Pickers Gone?

2017-11-15 validea
The days of the star stock picker are largely gone, but aspects of their investment genius live on in other ways. (87-0)