Steel Dynamics, Inc. STLD closed the acquisition of Zimmer, S.A. de C.V. ("Zimmer") as part of its raw material procurement plan to aid its new Texas flat roll steel mill. Reportedly, the transaction was financed using the available cash. Notably, the Texas flat roll steel mill
The Securities and Exchange Commission (“SEC”) said in a statement yesterday that Interactive Brokers Group, Inc. IBKR will pay a penalty of $11.5 million to settle charges it repeatedly failed to file Suspicious Activity Reports (“SARs”) for U.S. microcap securities tra
Cohen & Steers CNS reported preliminary assets under management (AUM) of $70.1 billion as of Jul 31, 2020, which increased 5.7% from the prior-month level. Market appreciation of $2.7 billion and net inflows of $1.3 billion were partially offset by distributions of $209 mill
Investors in Centennial Resource Development, Inc. CDEV need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 16, 2020 $1 Call had some of the highest implied volatility of all equity options today.
Lumentum (LITE) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.
Investors in Hertz Global Holdings, Inc HTZ need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 16, 2020 $1.00 Put had some of the highest implied volatility of all equity options today.
U.S. President Donald Trump's weekend attempt to sidestep stalled congressional negotiations over the next coronavirus aid package will do little to boost the economy, experts said.
Canadian Natural Resources Limited CNQ has reached an agreement to acquire Calgary-based natural gas producer Painted Pony Energy in an all-stock deal worth C$461 million. Further, the company is expected to assume Painted Pony’s total debt of approximately C$350 million.
TC PipeLines TCP delivered better-than-expected results for second-quarter 2020. The firm reported earnings of 78 cents a unit, beating the Zacks Consensus Estimate of 71 cents and also increasing 4% from the year-ago quarter’s 75 cents, attributable to higher revenues of PNG
Superior Group of Companies, Inc. SGC is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for SGC broke out above the 200 Day Simple Moving Average,
Chart Industries, Inc. GTLS is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for GTLS broke out above the 200 Day Simple Moving Average, suggesti
BMC Stock Holdings, Inc. BMCH is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for BMCH broke out above the 200 Day Simple Moving Average, sugges
Asbury Automotive Group, Inc. ABG is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ABG broke out above the 200 Day Simple Moving Average, sug
India's retail inflation edged up slightly in July due to higher food prices, remaining firmly above the RBI's medium-term target of 4% for a 10th straight month, a Reuters poll showed.
Washington Prime Group (WPG) came out with quarterly funds from operations (FFO) of $0.01 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to FFO of $0.27 per share a year ago. These figures are adjusted for non-recurring items.
Goldman Sachs BDC (GSBD) came out with quarterly earnings of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.
Taubman Centers (TCO) came out with quarterly funds from operations (FFO) of $0.41 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $0.94 per share a year ago. These figures are adjusted for non-recurring items.
Pennsylvania Real Estate (PEI) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.08. This compares to FFO of $0.22 per share a year ago. These figures are adjusted for non-recurring items.