In the second quarter, Finnish forest products company Stora Enso had a surprising loss in its Paper and Writing segment. Even though the secular headwinds for publishing paper in Europe are well known, Stora had previously been able to turn a consistent profit in the business in recent years. Management says it is stepping up its cost-cutting efforts in response to the loss, but many … Continue reading STERV Sees Loss in Paper and Writing Segment
Nabors Industries (NYSE:NBR) has earned an average rating of “Buy” from the twenty-three ratings firms that are presently covering the stock. Nabors Industries Ltd. (NYSE:NBR) belongs to Basic Materials sector. Its net profit margin is 2.40% and weekly performance is -8.14%. On last trading day company shares ended up $19.76. Nabors Industries Ltd. (NYSE:NBR) distance from 50-day simple moving average (SMA50) is -20.70%. Taiwan’s major … Continue reading Big Movers : Nabors Industries Ltd. (NYSE:NBR), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Colfax Corporation (NYSE:CFX), BlackBerry Ltd (NASDAQ:BBRY), DragonWave Inc. (NASDAQ:DRWI)
Swedish-based telecom gear manufacturer Ericsson (NASDAQ:ERIC), has entered into a deal with Bharti Airtel which will see it supply base stations and other equipment for the carrier’s 4G LTE network in India. What’s more, the former company is boasting about having bagged two contracts from Idea Cellular too. Ericsson (NASDAQ:ERIC) belongs to Technology sector. Its net profit margin is 5.90% and weekly performance is -5.52%. … Continue reading Whats Hot Today : Ericsson (NASDAQ:ERIC), Twitter Inc (NYSE:TWTR), Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA), Patrick Industries Inc. (NASDAQ:PATK), TCF Financial (NYSE:TCB)
Zynga Inc (NASDAQ:ZNGA) on Sept. 3 announced that the new Zynga Poker is now available to consumers worldwide on the App Store and Google Play. The new, free-to-play Zynga Poker was developed for mobile from the ground up, blending personalized gameplay, lightning fast performance and sophisticated design to create an authentic casino experience for players. Zynga Inc (NASDAQ:ZNGA) belongs to Technology sector. Its net profit … Continue reading Stocks to Watch : Zynga Inc (NASDAQ:ZNGA), HomeAway, Inc. (NASDAQ:AWAY), CNA Financial Corporation (NYSE:CNA), Credit Suisse Asset Management Income Fund (NYSEMKT:CIK), MAMS
The Virginia State Corporation Commission (SCC) yesterday approved the proposed merger of Exelon Corporation (NYSE:EXC) and Pepco Holdings Inc. (NYSE:POM). The companies announced their proposed merger on April 30. The combination of the companies will bring together Exelon’s three electric and gas utilities – BGE, ComEd and PECO – and Pepco Holdings’ (PHI’s) three electric and gas utilities – Atlantic City Electric, Delmarva Power and … Continue reading Top Stories : Exelon Corporation (NYSE:EXC), Symantec Corporation (NASDAQ:SYMC), Synaptics Inc. (NASDAQ:SYNA), National Health Investors Inc. (NYSE:NHI), New England Realty Associates (NYSEMKT:NEN)
Facebook Inc. has completed its purchase of WhatsApp Inc. for about $22 billion — roughly $3 billion more than expected, due to a recent rise in Menlo Park-based Facebook’s stock, according to Reuters. Facebook Inc (NASDAQ:FB) belongs to Technology sector. Its net profit margin is 23.70% and weekly performance is -3.48%. On last trading day company shares ended up $76.29. Facebook Inc (NASDAQ:FB) distance from … Continue reading Investors Alert : Facebook Inc (NASDAQ:FB), International Business Machines Corporation (NYSE:IBM), Synageva BioPharma Corp. (NASDAQ:GEVA), PetSmart, Inc. (NASDAQ:PETM), Advanced Micro Devices (NYSE:AMD)
