Author: Devin Weiss

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, reflecting the commodity’s tepid use for power generation, as temperatures fell slightly from...

The precious metals are moving back into the spotlight. After being left for dead by Wall Street several months ago, gold and silver are at 4-month highs. This latest rally is apparently on worries about inflation due to rumored...

STAG Industrial, Inc. (STAG), a real estate investment trust (REIT), has recently acquired two industrial buildings for $ 9.2 million. Spanning 411,994 square feet, the properties are located in Simpsonville, South Carolina....

M&T Bank Corp. (MTB) has agreed to take over Hudson City Bancorp Inc. (HCBK), in a cash and stock deal worth $3.7 billion, based on M&T’s closing stock price last Friday. The bank deal, the largest this year, would...

The U.S. economy is still grappling with an uneven recovery, and companies are trying very hard to shield themselves from the financial turmoil. Amid this uncertain environment, Costco Wholesale Corporation (COST) has almost...

Varian Medical Systems (VAR) recently revealed that it was setting up a subsidiary company in South Korea, Varian Medical Systems, Korea. The new entity will gradually don the role of a domestic base for Varian’s strategic...

We maintain our Neutral rating on DDR Corp. (DDR), a real estate investment trust (REIT) that primarily focuses on open-air value-oriented shopping centers. Headquartered in Beachwood, Ohio, DDR acquires, owns, develops, leases...

Continuing with the endeavor to enhance its shareholders value, the Board of Directors of HCC Insurance Holdings Inc. (HCC), approved a share buyback program. Per the approval, the company is authorized to repurchase shares...

MTS Systems Corp. (MTSC) reported stellar third quarter 2012 results this month with earnings comfortably exceeding expectations. The Zacks Consensus Estimates for fiscal years 2012 and 2013 moved higher in response, pushing the...

Express Scripts Holding Company (ESRX) hit its 52-week high of $62.80 on August 9, 2012, shortly after reporting strong second quarter 2012 results, which included year-over-year profit growth of 23.9% and an enhanced guidance...