You Are Browsing ‘Business’ Category

Consensus earnings estimates are not always accurate but play a key role in determining the appropriate valuation for a stock. Majority of traders and investors rely on consensus earnings estimates to plan out their investments with key focus on company’s earnings power.  To make a proper assessment,...

SouFun Holdings Ltd (NYSE:SFUN) operator of biggest real estate portal in China and famous as Fang.com, has obtained $400 million-$700 million investment...

In an article published on Seeking Alpha, the author stated four tipping points for Vereit Inc (NYSE:VER). These four points are Portfolio Pruning, Investment...

Securities attorneys at Dunnam & Dunnam are reviewing Strategic Hotels and Resorts Inc (NYSE:BEE)’s buyout deal reported at $14.25 per share. The...

SPYR Inc (OTCMKTS:SPYR) last submitted Form 10-Q in the month of August wherein the company revealed that in the reported period since acquisition, its...

Pharmacyte Biotech Inc (OTCMKTS:PMCB) is about to start Phase 2b human clinical trial in pancreatic cancer in some time. Before the trial begins, the company...

Weatherford International (NYSE:WFT) has decided to withdraw from a $1 billion deal, just hours after confirming it. Analysts believe that the company...

J.C. Penney Co. Inc. (NYSE: JCP) has announced that it would be replacing its current Chief Merchant, Elizabeth Sweney, with John Tighe. Sweney, however,...

Hudson City Bancorp, Inc. (NASDAQ:HCBK) has reached a settlement of $33 million for redlining cases filed against the company. The lawsuits stated that...

CenterPoint Energy, Inc. (NYSE:CNP) has received an updated price target for its stocks. The price target was initially set at $6 while the new target...