Quad Graphics Inc. (QUAD) will acquire LSC Communications (LKSD) in an all-stock transaction valued at $1.4 billion, including assumption of debt, the companies said in a joint statement Wednesday. The companies said their boards have both approved the agreement. Combined, the new entity would have annual revenue of about $8 billion. Quad Graphics is a Sussex, Wisconsin-based printing company with […]
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Risk aversion resurfaced across Europe and the US on Friday as a profit-warning out of the semi-conductor sector coupled with fresh selling pressure on the Turkish lira set Wall Street’s major market averages up to open with modest losses. While losses have been mitigated by gains in the energy complex, the technology sector is likely to weigh on Wall Street […]
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Amicus Therapeutics (FOLD) was downgraded at Chardan on concerns that the company isn’t attractive even after a key drug received approval from the government. The US Food and Drug Administration on Aug. 10 approved Galafold to treat Fabry disease following a recently successful launch in Japan and “relatively strong” adoption globally. “Despite these positives, some of our Amicus thesis relied […]
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Investors may be studying some short-term indicators on shares of Eaton Corp (ETN). The current 7-day average directional indicator is Sell. This signal may be used to determine the market trend. The 7-day directional strength is Weak. This trend strength indicator measures the signal based on historical performance where minimum would represent the weakest, and maximum would indicate the strongest. […]
General Mills, Inc. (NYSE:GIS) shares saw the needle move 7.29% on the week. The stock closed the most recent session at $51.09 after seeing 3267391 shares trade hands. This represents a change of 1.09% from the opening. Investors will be closely watching which way market momentum will shift as we cruise into the back half of the year. Earnest investors will most likely […]
Analysts on the sell-side are offering a consensus “Buy” rating on shares of Axalta Coating Systems Ltd. (NYSE:AXTA). Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.30 on the shares. Based on a recent trade, the shares are hovering around $24.80 which, according to the […]
Brokerage firms covering shares of Autodesk, Inc. (NASDAQ:ADSK) have given the stock a “Buy” rating on a consensus basis. Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.00 on the shares. Based on a recent trade, the shares are hovering around $154.69 which, according […]
Research brokerage firms on Wall Street are offering a consensus “Buy” rating on shares of Berry Global Group, Inc. (NYSE:BERY). Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.90 on the shares. Based on a recent trade, the shares are hovering around $53.86 which, according […]
Individual investors are constantly hearing about the next hot stock to buy. Acting purely on these types of tips can be hazardous to the portfolio if the research is not completed. Sometimes these stock tips will pan out and be correct, other times they can leave the investor wondering why they acted on the speculative advice. Even if a stock […]
Investors might be looking to find some bargains to add to the portfolio as we move closer towards the end of the year. Maybe some of the earlier portfolio picks don’t look as promising as they did a few months ago. There might also be a few names that have fallen off a cliff and do not look they will […]
