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Is CalAtlantic Group (CAA) a Great Stock for Value Investors?

2017-10-18 zacks
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. (13-0)

Legg Mason's (LM) AUM Climbs in September, Outflows Increase

2017-10-12 zacks
Baltimore-based Legg Mason Inc. (LM - Free Report) reported a marginal rise in assets under management (AUM), as of Sep 30, 2017, compared with the prior month. Preliminary month-end AUM came in at $754.4 billion, slightly up from August 2017. September’s AUM displayed $0.3 billion fixed income outflows, alternative inflows of $0.2 billion, equity outflows of $1.2 billion and liquidity inflows of $0. (73-0)

J&J (JNJ) to Kickstart Pharma Q3 Earnings: What's in Store?

2017-10-12 zacks
Johnson & Johnson (JNJ - Free Report) , a healthcare bellwether, will report third-quarter 2017 results on Oct 17, before the opening bell. Last quarter, the company reported a positive earnings surprise of 2.23%. (16-0)

Citigroup (C) Q3 Earnings Beat on Low Costs & High Revenues

2017-10-12 zacks
Despite weak fixed income market revenues, Citigroup Inc. (C - Free Report) delivered a positive earnings surprise of 7.6% in third-quarter 2017 on prudent expense management. Earnings per share of $1.42 for the quarter easily outpaced the Zacks Consensus Estimate of $1.32. Also, earnings compared favorably with the year-ago figure of $1.24 per share. Notably, results included after-tax gain related to the sale of a fixed income analytics business. (158-0)

Facebook (FB) Unveils $199 Oculus Go, Slashes Rift Price

2017-10-12 zacks
In a bid to popularize its virtual reality offerings among the masses, Facebook Inc (FB - Free Report) has unveiled a new cheaper VR headset – Oculus GO.  It carries a price tag of $199, much lower than Oculus Rift, which, at the time of its launch, carried a price tag of $599. (106-0)

Ride the Momentum in Industrial Sector With These 4 Stocks

2017-10-12 zacks
The latest Institute of Supply Management (ISM) data reports that the manufacturing index climbed to 60.8% in September from 58.8% in August, scaling the highest since May 2004. Also, Gross Domestic Product (GDP) of the United States grew at an annualized rate of 3.1% in second-quarter 2017, the strongest growth registered since first-quarter 2015. Industrial stocks have been in investors’ good graces, of late, driven by impressive factors such as increased demand for rebuilding supplies (thanks to two major hurricanes), growth in new orders, rise in export and upbeat job market picture, as well as recovery of the Chinese economic conditions. (24-0)

Duke Realty (DRE) Refinances Loan to Upsize Credit Facility

2017-10-12 zacks
Duke Realty Corporation (DRE - Free Report) announced that its operating partnership, Duke Realty Limited Partnership, has revised an unsecured revolving credit facility in a bid to increase the company’s borrowing capacity by $800 million and stretch the maturities of its debt by three years. The company upsized its $1.2-billion credit facility to $2 billion. The restated loan, slated to mature in January 2022, carries an annual interest rate of LIBOR plus 0. (15-0)

Boeing (BA) Secures 75 737 MAX Jets Order From Jet Airways

2017-10-12 zacks
Aircraft giant, The Boeing Company (BA - Free Report) has recently received an order for delivering 75 737  MAX airplanes to Jet Airways. The order was confirmed by the airlines recently. Deliveries of these single aisle jets are expected to commence in mid-2018. According to Reuters, the 75 planes boast an estimated value of $9.3 billion at list prices. Nevertheless, it goes without saying that the airlines will enjoy a substantial discount on this amount. (78-0)

Alibaba Starts Global Research Program, Plans to Invest $15B

2017-10-12 zacks
Alibaba Group Holding Limited (BABA - Free Report) recently launched a global research program — Alibaba DAMO Academy — aimed at technology advancement. It also unveiled its plan to invest more than $15 billion in research and development over the next three years. (443-2)

Fed Minutes Validate December Rate Hike: Top 5 Gainers

2017-10-12 zacks
Minutes of the Federal Reserve’s September 19-20 meeting showed that ‘many’ officials favor a rate hike later this year as the economy continues to expand at a steady clip. Fed officials added that the adverse effects of hurricanes on the economy are likely to be temporary. (74-0)

Seattle Genetics Inks Clinical Collaborations for Cancer Drug

2017-10-12 zacks
Seattle Genetics, Inc. (SGEN - Free Report) announced two clinical collaborations to evaluate SGN-LIV1A in triple negative breast cancer (TNBC). (160-0)

Ardelyx IBS-C Candidate Succeeds in Pivotal Study, Stock Up

2017-10-12 zacks
Ardelyx, Inc. (ARDX - Free Report) announced meeting the primary endpoint in a second phase III study — T3MPO-2 — evaluating tenapanor in patients with irritable bowel syndrome with constipation (IBS-C). Based on the positive top-line data from this study as well as previously completed T3MPO-1 study, the company is planning to file a new drug application (“NDA”) in the second half of 2018. (344-2)

Juniper Lowers Q3 Earnings & Revenue Estimates, Shares Fall

2017-10-12 zacks
Shares of Juniper Networks Inc (JNPR - Free Report) declined 3.2% during after-hour trading session following the company’s announcement of preliminary third-quarter 2017 results. The company is scheduled to report the final numbers on Oct 24. Juniper now anticipates revenues in the range of $1.25-$1.26 billion, down from previous expectation of $1.29-$1.35 billion. Management attributed the decline to lower cloud computing revenues. (55-0)

Unilever to Buy Back Dutch Shares, Streamline Operations

2017-10-12 zacks
Unilever Plc (UL - Free Report) recently confirmed the buyback of its outstanding Dutch preference shares, through a public offer worth 450 million euros. The company is aiming to simplify its corporate structure through this buyback initiative. The public offering is in connection with Unilever’s agreement to purchase 6% and 7% preference shares in Unilever N.V. held by NN Investment Partners and insurer ASR Netherlands. (18-0)

Why You Should Dump Flowserve Stock From Your Portfolio

2017-10-12 zacks
Flowserve Corp. (FLS - Free Report) has been grappling with precipitous top-line decline, dragged by macroeconomic volatility and foreign currency headwinds. (31-0)

Terreno Updates on Q3 Operating & Investment Activities

2017-10-12 zacks
Terreno Realty Corporation (TRNO - Free Report) has provided insights on its third-quarter operating, investment and capital markets activities. Terreno’s assets experienced solid demand for space on the back of improving fundamentals of industrial markets. This helped the company improve its leasing metrics on a year-over-year (y/y) basis. Specifically at third-quarter end, Terreno’s total portfolio was 96. (11-0)

Jacobs (JEC) Signs Technology Licensor Deal With Paqell

2017-10-12 zacks
Jacobs Engineering Group Inc. (JEC - Free Report) recently inked a sulfur-recovery technology licensor covenant with Paqell. Per the deal, Pagell would be able to use Jacob’s state-of-the-art THIOPAQ Oil and Gas (O&G) technology in all of its gas-treating facilities and refineries across the world. (29-0)

Conagra (CAG) Rolls Out 3 Slim Jim Premium Smoked Sticks

2017-10-12 zacks
Conagra Brands, Inc. (CAG - Free Report) recently enhanced its Slim Jim brand’s portfolio by rolling out three new varieties of Premium Smoked Sticks. Share price of this Zacks Rank #3 (Hold) stock remained nearly flat at $33.79 per share as of Oct 11, after news of the launch surfaced. (14-0)

ExxonMobil's Cogeneration Plant to Aid Efficiency in Jurong

2017-10-12 zacks
The largest publicly traded oil company in the world, ExxonMobil Corporation (XOM - Free Report) recently initiated its third cogeneration power plant in its Jurong refinery in Singapore. The move will enhance the company’s total electricity capacity by around 25%. (32-0)

Petrobras' $2.2B Asset Sale to TOTAL Shelved on Court Order

2017-10-12 zacks
A cloud of uncertainty looms over Brazilian energy giant Petroleo Brasileiro S.A. or Petrobras’ (PBR - Free Report) divestment agreement with France-based TOTAL S.A. (TOT - Free Report) . The Brazilian federal court has put a partial hold on the $2.2-billion deal signed in March. (52-0)

Netflix (NFLX) to Report Q3 Earnings: What's in the Cards?

2017-10-12 zacks
Netflix Inc. (NFLX - Free Report) is set to report third-quarter 2017 results on Oct 16. The company has beaten the Zack Consensus Estimate thrice and missed it once in the past four quarters, delivering an average positive surprise of 28.6%. (117-0)

5 Reasons to Add Beacon Roofing (BECN) to Your Portfolio

2017-10-12 zacks
Beacon Roofing Supply, Inc. (BECN - Free Report) has been performing well of late. Beacon Roofing's pending acquisition of Allied Building Products for $2.625 billion will catapult it to the position of one of the largest public wholesale building materials distributors in North America. The company is also anticipated to benefit from the rebuilding activity triggered by the two back-to-back hurricanes Harvey and Irma. (28-0)

Is a Beat in Store for Select Comfort (SCSS) in Q3 Earnings?

2017-10-12 zacks
Select Comfort Corporation (SCSS - Free Report) is set to report third-quarter 2017 results on Oct 17, after the closing bell. Currently, the question lingering in investors’ minds is, whether the company will be able to deliver positive earnings surprise in the to-be-reported quarter. Select Comfort’s earnings have outpaced the Zacks Consensus Estimate in the last two quarters, with the trailing four-quarter average beat of 24. (14-0)

Middlesex Water Files for Rate Hike to Recover Expenses

2017-10-12 zacks
Middlesex Water Company filed an application with the New Jersey Board of Public Utilities ("NJBPU") to increase water rates in its services areas. Through this rate filing, the company intends to recoup expenses made in its water and wastewater infrastructure since 2015. The rate approved in 2015 increased annual revenues of the company by $5 million. Since the last rate filing, the company has invested nearly $92 million to upgrade and strengthen drinking water infrastructure in its service territories. (31-0)

Marriott Opens StateView Hotel, Adds to Autograph Collection

2017-10-12 zacks
Marriott International, Inc. (MAR - Free Report) recently announced the opening of The StateView Hotel in the heart of North Carolina State University's Centennial Campus. Opened in collaboration with Noble Investment Group, the upscale hotel is a part of Marriott’s Autograph Collection Hotels — a distinctive collection of passionately independent hotels. Located on the tranquil setting of the shores of Lake Raleigh, The StateView provides a supreme outdoor experience and an inventive guest experience driven by high-tech technology as well as interactive spaces. (19-0)

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