• Lamb Weston Gains on Robust Sales Trend, Cost Woes Linger
    Zacks

    Lamb Weston Gains on Robust Sales Trend, Cost Woes Linger

    Lamb Weston (LW) is benefiting from solid price/mix, strong Global segment, focus on LTOs and expansion efforts. However, high input costs and SG&A expenses are concerns.

  • MEDNAX (MD) Catches Eye: Stock Jumps 8.1%
    Zacks

    MEDNAX (MD) Catches Eye: Stock Jumps 8.1%

    MEDNAX (MD) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

  • Franklin (BEN) Rewards Shareholders With 4% Dividend Hike
    Zacks

    Franklin (BEN) Rewards Shareholders With 4% Dividend Hike

    Franklin (BEN) hikes dividend by 4% to 27 cents per share.

  • Top Ranked Income Stocks to Buy for December 11th
    Zacks

    Top Ranked Income Stocks to Buy for December 11th

    Top Ranked Income Stocks to Buy for December 11th

  • The Zacks Analyst Blog Highlights: Spark Energy, Vertex, ResMed, Prologis and Boston Beer
    Zacks

    The Zacks Analyst Blog Highlights: Spark Energy, Vertex, ResMed, Prologis and Boston Beer

    The Zacks Analyst Blog Highlights: Spark Energy, Vertex, ResMed, Prologis and Boston Beer

  • The Zacks Analyst Blog Highlights: Facebook, Netflix, Disney, Verizon and TMUS
    Zacks

    The Zacks Analyst Blog Highlights: Facebook, Netflix, Disney, Verizon and TMUS

    The Zacks Analyst Blog Highlights: Facebook, Netflix, Disney, Verizon and TMUS

  • Deutsche Telekom CEO denies T-Mobile/Sprint deal will reduce competition
    Reuters

    Deutsche Telekom CEO denies T-Mobile/Sprint deal will reduce competition

    T-Mobile US Inc and Sprint Corp did not pursue a merger in order to reduce price competition in the U.S. wireless market, the chief executive of Deutsche Telekom, T-Mobile's majority shareholder, testified on Tuesday in federal court in Manhattan. Timotheus Höttges, who is chairman of T-Mobile's board, testified that T-Mobile sought to merge with its smaller rival to increase scale and gain wireless spectrum, or airwaves that carry data, but denied the goal was to reduce competition.

  • 5 Solid Dividend ETF & Stock Picks That Yield 5% or More
    Zacks

    5 Solid Dividend ETF & Stock Picks That Yield 5% or More

    Dividend paying securities are the major sources of consistent income for investors, creating wealth when returns from the equity market are at risk.

  • Kimberly-Clark Firm on Restructuring Plans & Innovation
    Zacks

    Kimberly-Clark Firm on Restructuring Plans & Innovation

    Kimberly-Clark's (KMB) 2018 Global Restructuring Program and FORCE Program bode well. These are likely to help it offset the rising cost challenges.

  • Zacks

    Stocks Take a Rest After Three Days of Gains

    Stocks Take a Rest After Three Days of Gains

  • Toll Brothers (TOL) Q4 Earnings Top, Orders Rise, Stock Up
    Zacks

    Toll Brothers (TOL) Q4 Earnings Top, Orders Rise, Stock Up

    Favorable mortgage rates and a solid job market help Toll Brothers (TOL) to post better-than-expected fiscal Q4 numbers. Higher orders also serve as a tailwind.

  • Antero Midstream Aids Affiliate Amid Low Gas Price Scenario
    Zacks

    Antero Midstream Aids Affiliate Amid Low Gas Price Scenario

    Antero Midstream (AM) announces share repurchase of $100 million from its affiliate Antero Resources.

  • S&P 500 Communication Services Sector Outperforms: Here's Why
    Zacks

    S&P 500 Communication Services Sector Outperforms: Here's Why

    It is surprising to see that Communication Services sector outperforming the broader market this year amid a prolonged rally.

  • 5 Defensive Stocks to Buy as Volatility Index Soars
    Zacks

    5 Defensive Stocks to Buy as Volatility Index Soars

    On Dec 9, the fear gauge jumped 16% as uncertainties in the closure of U.S.-China trade deal instilled fear in investors. Here are five defensive stocks to shield your portfolio.

  • Financial Times

    It’s been a year to forget for some distressed hedge funds

    One thing to start: Japan’s SoftBank has agreed to consciously uncouple from Wag by selling its nearly 50 per cent stake back to the dog walking company. The SoftBank Vision Fund will lose money on the stake sale, after it previously pledged $300m to Wag in January last year, valuing the company at $650m. It has been a year that most US distressed hedge funds would love to forget.

  • Toll Brothers (TOL) Q4 Earnings and Revenues Surpass Estimates
    Zacks

    Toll Brothers (TOL) Q4 Earnings and Revenues Surpass Estimates

    Toll Brothers (TOL) delivered earnings and revenue surprises of 9.30% and 9.36%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Lennar (LEN) Gains As Market Dips: What You Should Know
    Zacks

    Lennar (LEN) Gains As Market Dips: What You Should Know

    In the latest trading session, Lennar (LEN) closed at $59.40, marking a +1.11% move from the previous day.

  • Is Lennar (LEN) Stock Undervalued Right Now?
    Zacks

    Is Lennar (LEN) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Fourteen attorneys general will challenge T-Mobile and Sprint merger in court this week
    TechCrunch

    Fourteen attorneys general will challenge T-Mobile and Sprint merger in court this week

    After months of statements, the biggest challenge yet to T-Mobile and Sprint’s proposed merger kicks off today in a Manhattan court. “Today we stand on the side of meaningful competition and affordable options for consumers,” California Attorney General Xavier Becerra said in a statement provided to TechCrunch. T-Mobile and Sprint, on the other hand, have argued that it will do the opposite, suggesting that the companies’ pooled powers would better equip them to take on Verizon and AT&T in the rush to 5G.

  • United Natural to Cut Retail Presence Via Shoppers Store Sale
    Zacks

    United Natural to Cut Retail Presence Via Shoppers Store Sale

    United Natural (UNFI) inks deals to sell 13 of its 43 Shoppers Food & Pharmacy stores to three distinct grocery operators. Also, the company will cease four Shoppers stores.

  • Sprint tells of business struggles in first day of T-Mobile merger trial
    Reuters

    Sprint tells of business struggles in first day of T-Mobile merger trial

    Executives from Sprint Corp testified on Monday that the U.S. wireless carrier has struggled to improve its network, hindering its growth and underscoring the need to merge with larger rival T-Mobile US Inc . The states seek to prove in Manhattan federal court that the deal between the No. 3 and No. 4 wireless carriers would raise prices, particularly for users on prepaid plans. The state attorneys general, all Democrats, asked Judge Victor Marrero to order the companies to abandon the deal.

  • Financial Times

    States begin court move to block T-Mobile’s Sprint tie-up

    showed evidence on Monday that a senior Sprint executive predicted price increases for all major wireless operators if the deal is consummated. The evidence came as a landmark case to block the merger kicked off in New York with testimony from Roger Solé, Sprint’s chief marketing officer, the first witness to take the stand. Lawyers for the states showed an email from Mr Solé to Marcelo Claure, the chairman and then acting chief executive of SoftBank-owned Sprint, where he presented his own ideas about more customer-friendly options.

  • T-Mobile, Sprint head to court to defend deal
    Reuters Videos

    T-Mobile, Sprint head to court to defend deal

    T-Mobile and Sprint headed to court on Monday to defend a merger some consider too big. The telecom companies will try to convince a judge that the state attorneys general suing to stop T-Mobile from buying Sprint - are wrong. Attorneys for 13 states and the District of Columbia will argue in Manhattan federal court that combining the number 3 and 4 wireless carriers would drive up phone bills, especially for those with pre-paid plans. While the companies argue that a bigger T-Mobile - which would result from a $26 billion deal - would be better suited to innovate and compete to push down prices. The battle to merge started in 2014 during the Obama administration but officials at the Justice Department and Federal Communications Commission urged the companies to drop the idea, which they did. Fast forward to 2019 - the Trump administration signed off on the planned merger after the companies agreed to sell Boost Mobile - owned by Sprint - to Dish. If the deal is approved, the merger would leave just three nationwide wireless carriers: Verizon, AT&T and the new T-Mobile.