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Foot Locker (FL) has undertaken initiatives to keep the stock on growth trajectory, which has been grappling with waning comps and dwindling bottom line for quite some time now.
Rapidly rising shale production has not only reversed decades of decline but positions the country to become the top oil producer this year.
Biomedical venture firm Epidarex Capital plans to expand after seeing success with its early-stage investment strategy.
Although the holidays have come and gone, some regional banks are continuing the season of giving. Fifth Third Bancorp.’s foundation recently announced its 2017 Strengthening Our Communities Fund grants for North Carolina, with three of those grants directly benefitting the Charlotte area. The foundation awarded a total of $2.5 million corporate wide.
Regions Financial Corp and SunTrust Banks Inc reported quarterly earnings on Friday that topped Wall Street expectations, benefiting from higher interest rates amid sluggish lending. Three interest rate hikes by the Federal Reserve in 2017 have helped the regional banks grow profit even as they dole out less loans. Higher interest rates typically translate to more returns for banks as they can charge higher interest on loans.
Bank and industrial earnings will round out the week for investors, as markets also get a check on consumer confidence.
The SunTrust Foundation awarded $16.9 million in grants in 2017 to more than 1,400 educational institutions and nonprofits. Atlanta-based SunTrust Banks Inc. (NYSE: STI) reported the grants helped more ...
Rating Action: Moody's upgrades Edwards Lifesciences to Baa2. Global Credit Research- 16 Jan 2018. New York, January 16, 2018-- Moody's Investors Service today upgraded Edwards Lifesciences Corporation's ...
Following the fiscal 3Q17 results, many analysts have revised their target prices for DSW. On the contrary, Deutsche Bank slashed its target price to $21 from $22, and Wedbush reduced its target price to $19 from $20. Currently, analysts’ 12-month average target price for DSW stock is $20.92, which reflects a 2.4% upside to the stock price as of January 10.
The Zacks Analyst Blog Highlights: Pioneer Natural Resources, QEP Resources, Sanchez Energy, Continental Resources and Occidental Petroleum
A Relative Strength Rating upgrade for Edwards Lifesciences shows improving technical performance. Will it continue?
The rapid rebound in oil prices means shale drillers will be flush with cash that they could use to unleash another gusher of oil.