Author: Devin Weiss

Equity One Inc. (EQY), a real estate investment trust (REIT) that owns, manages, and develops neighborhood and community shopping centers in the U.S., has recently completed its secondary offering of 4.1 million common shares,...

Specialty chemical company Celanese Corporation (CE) recently entered into an agreement with Pertamina – the state-owned energy company of Indonesia – for the development of fuel ethanol projects. As per the...

Kimco Realty Corp. (KIM), a real estate investment trust (REIT), has recently declared a quarterly dividend of 19 cents per share or 76 cents on an annualized basis for the second quarter of 2012. The dividend is payable in cash...

We recently downgraded our recommendation on Rio Tinto plc (RIO) from Neutral to Underperform. The bearish view on Rio Tinto is based on the slowdown in demand for iron ore products across the world. Rio, being a very cyclical...

Video game developer and publisher, Electronic Arts Inc (EA) is reportedly up for sale. According to a recent news feed from the New York Post, private equity players KKR and Providence Equity have shown keen interest in buying...

We have downgraded our long-term recommendation on Southwest Airlines Co. (LUV) to Neutral from Outperform as the positive impact of falling fuel prices has largely been priced in the stock. In addition, a weakening economy is...

We are maintaining our Neutral recommendation on Legg Mason Inc. (LM) based on its strong fiscal first-quarter 2013 earnings, which topped the Zacks Consensus Estimate. However, asset outflows remain a concern with aggregate net...

Florida based NextEra Energy Inc. (NEE) posted a mixed performance in the second quarter 2012 with earnings edging out the Zacks Consensus Estimate while the top line lagged expectations. The company recorded earnings of $1.26...

Samsung Electronics Co. launched its new tablet Galaxy Note 10.1 in the U.S., Great Britain and South Korea, and promised a worldwide launch in the not-too-distant future. Samsung’s new tablet will compete directly with...

Pollo Tropical, a part of Fiesta Restaurant Group Inc. (FRGI), signed its first development deal with franchisee Paramount Cuisines Pvt. Ltd, a subsidiary of the Paramount Group. As per the deal, Delhi-based Paramount Cuisines...