Author: Devin Weiss

One of the leading steel producing companies in the world, Gerdau S.A. (GGB) has been recently upgraded by us from Underperform to a Neutral recommendation. Rising global demand along with increase in Gerdau’s domestic...

Pilgrim’s Pride Corp.’s (PPC) MACD indicator has moved into bearish territory with a reading of -0.3426. The Zacks #4 Rank (“Sell”) stock decreased more than 2.81% to $5.18 in morning trade. The Zacks...

Genesco Inc. (GCO), a retailer and wholesaler of branded footwear, apparel, and accessories, posted fiscal 2013 second quarter earnings of 50 cents per share, ahead of the Zacks Consensus Estimate of 27 cents. Quarterly earnings...

Based in Belgium, Delhaize Group (DEG), a well known retailer of food products, reported adjusted earnings of $1.07 per diluted share in the second quarter of fiscal 2012, down 28.9% from the comparable prior-year quarter. The...

Yesterday, China Life Insurance Co. Ltd. (LFC) reported its 2012 interim results. The company witnessed operating earnings of RMB0.34 per share (81 cents per ADR) in the first half of 2012, witnessing a plunge of 26.1% from...

Greif, Inc. (GEF) reported third quarter results ended July 31, 2012, with adjusted earnings of 75 cents per share, down 40% from $1.26 earned in the year-ago quarter. Weaker-than-expected volumes and negative foreign currency...

We are upgrading our recommendation on Portfolio Recovery Associates Inc. (PRAA) to ‘Outperform’ from ‘Neutral’ based on its strong cash collections and strategic acquisitions. Further, long-term...

A mix of inline domestic and weak international data provides the backdrop for Chairman Bernanke’s Jackson Hole speech on Friday. On the home front, the Personal Income & Spending data for July was roughly in-line with...

Mining equipment manufacturer and service provider Joy Global Inc. (JOY) reported adjusted earnings of $1.79 per share in the third quarter of fiscal 2012, compared with $1.54 per share in the year-ago quarter. The results of...