Syndicated Content

Pitney to Divest Management Biz – Analyst Blog

Recently Pitney Bowes Inc. (PBI) announced its plan to sell the management services business wing in the United Kingdom and Republic of Ireland to Swiss Post Solutions. Swiss Post Solutions is a division of Swiss Post that offers a comprehensive range of business process management services. Pitney’s two regional subsidiaries, namely Pitney Bowes Limited and […]

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Why You Should Avoid the South Africa ETF – ETF News And Commentary

The global financial turmoil severely tested the mettle of many a developing economy. While many proved their resilience, others were stretched considerably to survive the crisis. In this context, volatility in the financial and commodity markets had hit the South African market pretty hard. Labor unrest and strikes in the mining and transportation industry of […]

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Bear of the Day: PHH Corp (PHH) – Bear of the Day

Declining revenues and an industry under pressure are not the descriptors you want to hear just before you invest in a company, but unfortunately PHH Corporation PHH is experiencing both at the moment. In its last earnings report, PHH reported a 6% decline in net revenues overall along with a decline in several of their […]

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Strong Buy on Universal Forest – Analyst Blog

Zacks Investment Research upgraded Universal Forest Products Inc. (UFPI) to a Zacks Rank #1 (Strong Buy) on My 11, 2013. Why the Upgrade? Universal Forest impressed all with its financial results for the first quarter 2013 reported on Apr 17, 2013. The company rode on the back of its strong sales performance in its five […]

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Bear of the Day: Monster Beverage (MNST) – Bear of the Day

Disappointing results and rising regulatory concerns have led to sharp downward estimates revisions, sending this energy drink company to a Zacks Rank # 5 (Strong Sell). About the Company Headquartered in Corona, California, Monster Beverage is a marketer and distributor of energy drinks and alternative beverages.  Heath Risk Concerns related to Energy Drinks While the […]

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Sprint Gets a Boost From ISS – Analyst Blog

Sprint Nextel Corp. (S) – the third-largest wireless carrier in the U.S. – gets Institutional Shareholder Services’ (ISS) support for its plan to completely acquire its subsidiary, Clearwire Corporation (CLWR). ISS offers valuable investment decisions and corporate governance solutions to the leading financial institutions and investors. Thus, the support of such an important body will […]

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ArcelorMittal Posts 1Q Loss, Reaffirms Outlook – Analyst Blog

Steel bellwether ArcelorMittal (MT) posted a net loss of $0.3 billion or 21 cents per share in the first quarter of 2013 compared with a net income of $92 million or 6 cents per share a year ago. Analysts polled by Zacks were expecting earnings of 7 cents a share on an average for the […]

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Bull of the Day: XL Group PLC (XL) – Bull of the Day

Financials have been strong performers in this latest leg of the recovery, as these once beaten down companies have come back strong over the past six months. Yet while many investors might focus in on big banks for their exposure to this segment, one corner of the financial world has been doing even better; insurance. […]

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Top 5 Zacks #1 Ranked Technology Mutual Funds – Best of Funds

More often than not the technology sector is likely to report above par earnings than other sectors as the demand for technology and innovation remains high. However, technology stocks are considered to be more volatile than other sector specific stocks in the short run. In order to minimize this short term volatility almost all tech […]

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