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Bear of the Day: Autoweb (AUTO)

2018-03-16 zacks
A name change can be good, if you’re changing direction, looking for a rebirth of some kind. But if you’re just changing names to try and shake an image and don’t make the changes to support it, then a rose by any other name…well you know how it goes. Now that I’ve managed to squeeze a Shakespearean reference in here, lets talk about this star-crossed Zacks Rank #5 (Strong Sell). The company formerly known as Autobytel, Autoweb (AUTO - Free Report) . (10-0)

Bear of the Day: Cirrus Logic (CRUS)

2018-03-15 zacks
Founded in 1984 and headquartered in Austin, Texas, Cirrus Logic (CRUS - Free Report) ) is a fabless semiconductor supplier, which develops, manufactures and markets analog, mixed-signal, and audio DSP integrated circuits (ICs). (75-0)

New Strong Buy Stocks for March 13th

2018-03-13 zacks
Abercrombie & Fitch Co. (ANF - Free Report) : This specialty retailer has seen the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days. (5-0)

Top Ranked Income Stocks to Buy for March 13th

2018-03-13 zacks
Here are three stocks with buy rank and strong income characteristics for investors to consider today, March 13th: (10-0)

Illumina Banks on Product Launches & Strategic Partnerships

2018-03-13 zacks
On Mar 12, we issued an updated research report on Illumina, Inc. (ILMN - Free Report) , a Zacks Rank #3 (Hold) stock. (38-0)

Presidential Order Stops Qualcomm's Takeover by Broadcom

2018-03-13 zacks
Donald J. Trump has released an order, asking Qualcomm Inc. (QCOM - Free Report) to immediately and permanently abandon its proposed takeover by Broadcom Limited (AVGO - Free Report) . The Presidential Order put an end to what could have been the biggest ever tech deal, on grounds of national security. The deal would have affected United States' leading position in creating technology and setting standards for next generation mobile phone communications, as China is steadily taking a lead in the space. (81-0)

W&T (WTI) to Drill Several Well Locations in Gulf of Mexico

2018-03-13 zacks
W&T Offshore, Inc. (WTI - Free Report) has recently signed a deal with a group of investors for upstream operations across the Gulf of Mexico. (11-0)

Biogen to Buy Mid-Stage Neuropsychiatry Asset From Pfizer

2018-03-13 zacks
Biogen Inc. (BIIB - Free Report) has agreed to acquire a phase IIb ready candidate, PF-04958242, which is being developed for cognitive impairment associated with schizophrenia (CIAS) from pharma giant Pfizer, Inc. (PFE - Free Report) . (72-0)

Analog (ADI) Buys Symeo, Boosts Radar Technology Offerings

2018-03-13 zacks
Leading semiconductor company Analog Devices, Inc. (ADI - Free Report) acquired a privately held company, Symeo GmbH, for an undisclosed amount. (43-0)

McCormick (MKC) Up 12% in 6 months: What's Driving the Stock?

2018-03-13 zacks
McCormick & Company Inc. (MKC - Free Report) is offering investors a treat, courtesy of its spectacular earnings and sales history backed by well-chalked buyouts, robust savings efforts and effective marketing policies. Evidently, shares of this seasonings, spices and specialty foods giant have returned 12.4% over the past six months, outperforming the industry’s decline of 1.2%. In fact, the company’s shares recently hit a new 52-week high of $111. (8-0)

Sarepta to Seek Rapid Approval for Second DMD Drug, Stock Up

2018-03-13 zacks
Sarepta Therapeutics, Inc. (SRPT - Free Report) announced that it will seek rapid approval for its second drug, golodirsen, to treat Duchenne Muscular Dystrophy (DMD), the most common type of muscular dystrophy. (56-0)

Jabil (JBL) to Report Q2 Earnings: What's in the Cards?

2018-03-13 zacks
Jabil Inc. (JBL - Free Report) is set to report fiscal second-quarter 2018 results on Mar 15. The company beat the Zack Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 5.26%. Last quarter, the company reported better-than-expected results. Earnings of 80 cents per share beat the Zacks Consensus Estimate of 78 cents and were much higher than the prior-year quarter’s figure of 69 cents. (165-0)

AstraZeneca's Final Data From Key Lung Cancer Study Delayed

2018-03-13 zacks
AstraZeneca, plc (AZN - Free Report) has announced that final overall survival data from the pivotal phase III MYSTIC study, evaluating its PD-L1 inhibitor Imfinzi in the first line lung cancer, will be presented in the second half of 2018, delayed from the first half expected previously. (53-0)

First Data Teams Up With RBL Bank to Expand Business in India

2018-03-13 zacks
First Data Corporation (FDC - Free Report) announced a new partnership with an India-based private sector bank, RBL Bank. The multi-year agreement entitles RBL Bank to leverage First Data’s VisionPLUS for its credit card customers across India. The deal will help First Data to increase its penetration in the Indian market by addressing the dynamic needs of customers. Moreover, the clientele of the company is also likely to increase, thanks to the latest move. (20-0)

JA Solar's (JASO) Merger Deal Receives Shareholders' Nod

2018-03-13 zacks
JA Solar Holdings, Co., Ltd.’s (JASO - Free Report) shareholders recently gave their approval for its pending merger agreement, under which an investor consortium is set to purchase the company. This, in turn, might result in faster de-listing of the company from NASDAQ Global Select Market and thereby going private. (24-0)

CUSIP: 32020R109