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Zacks News
O-I Glass to Divest Australia and New Zealand Business Unit
by Zacks Equity Research
O-I Glass (OI) agrees to sell its Australia and New Zealand unit. The net proceeds of which will be used to lower debt.
TriMas Inks Deal With INEOS Hygienics to Boost Packaging Market
by Zacks Equity Research
The latest partnership supports TriMas' (TRS) focus on investment in growing packaging business.
Here's Why You Should Hold On to Lindsay (LNN) Stock for Now
by Zacks Equity Research
Lindsay (LNN) is worth retaining in the portfolio with solid growth projection, focus on Foundation for Growth initiative, strong demand for Road Zipper projects and transportation safety products.
O-I Glass (OI) Declines 21% YTD: What's Hurting the Stock?
by Zacks Equity Research
The coronavirus pandemic has impacted customer demand, which is likely to weigh on O-I Glass' (OI) volumes in the current year.
Pentair Rides on Investments & Acquisitions Amid Weak Demand
by Zacks Equity Research
Pentair (PNR) likely to benefit from investments in water treatment solutions, productivity improvement and cost-control initiatives amid weak demand due to the coronavirus crisis.
US Manufacturing Index Revs Up in June: Here's What It Means
by Zacks Equity Research
The latest report by ISM cheers up investors as manufacturing activities rebound in June. However, the recent spurt in coronavirus cases pose a significant headwind to the index's future gains.
Lindsay Buys Net Irrigate, Expands Remote Monitoring Solution
by Zacks Equity Research
Net Irrigate and Lindsay's (LNN) FieldNET brand of remote irrigation monitoring and control solutions to enable growers implement sustainable farming practices.
Enersys (ENS) Benefits From Acquisitions Amid Headwinds
by Zacks Equity Research
Enersys (ENS) is poised to benefit from strong backlog, solid demand for NexSys TPPL products and acquisitions. However, rising cost of sales and high debt remain concerning.
Here's Why Hold Strategy is Apt for Sealed Air Stock Now
by Zacks Equity Research
Investors can retain Sealed Air (SEE) stock in their portfolio for the time being on solid prospects.
Dismal End-Market Demand & Cost Woes Impact AptarGroup
by Zacks Equity Research
AptarGroup's (ATR) Q2 performance might have been adversely impacted by lackluster demand due to the coronavirus crisis-related near-term uncertainties.
Lindsay (LNN) Q3 Earnings Beats Estimates, Revenues In Line
by Zacks Equity Research
Lindsay (LNN) reports better-than-expected earnings for third-quarter fiscal 2020, driven by the Foundation for Growth initiative.
ABB's Business Unit Unveils Distribution Center in Phoenix
by Zacks Equity Research
ABB's business unit opens a 400,000-sq.ft. distribution center in Phoenix to better serve customers in the Western United States.
Energous' Shares March Higher, Can It Continue?
by Zacks Equity Research
As of late, it has definitely been a great time to be an investor in Energous.
Company News for Jun 18, 2020
by Zacks Equity Research
Companies in the news are: WATT, ARMP, MGEN, CEMI
Implied Volatility Surging for Energous (WATT) Stock Options
by Zacks Equity Research
Investors need to pay close attention to Energous (WATT) stock based on the movements in the options market lately.
Astec (ASTE) to Gain From Restructuring Efforts & Innovation
by Zacks Equity Research
Astec (ASTE) remains well poised for the long term aided by global population growth, increased urbanization and the need to repair the ageing infrastructure.
Silgan Buys Albea's Dispensing Unit, Expands Closures Business
by Zacks Equity Research
Silgan's (SLGN) recent buyout is a strategic fit for the closures business and is likely to strengthen its position in the dispensing markets.
Here's Why You Should Hold Grainger Stock in Your Portfolio Now
by Zacks Equity Research
Grainger (GWW) is worth retaining in the portfolio at the moment on its efforts to fortify the customer base, turnaround in the Canadian business and growth in e-commerce sales.
AGCO Corp Rides on Investments & Farm Income Amid Weak Demand
by Zacks Equity Research
Rising U.S farm income will drive demand for AGCO Corp's (AGCO) agricultural equipment, while a bleak market outlook and weak demand are deterrents.
Timken (TKR) Banks on Cost Saving Amid End-Market Weakness
by Zacks Equity Research
Timken (TKR) likely to benefit from cost-reduction initiatives despite the impact of the coronavirus pandemic on its operations and end markets.
Rockwell Automation (ROK) Hits 52-Week High: What's Driving It?
by Zacks Equity Research
Cost-reduction initiatives, acquisitions and expansion of product portfolio are contributing to the rally in Rockwell Automation's (ROK) shares.
Deere Hurt by Weak Agricultural, Construction Equipment Demand
by Zacks Equity Research
Deere (DE) likely to be hurt by weak construction and agriculture equipment sales amid unfavorable impact of coronavirus.
Manitowoc Rides on Cost Control Efforts Amid Weak Demand
by Zacks Equity Research
Manitowoc (MTW) banks on cost controls, productivity initiatives, and innovation amid the coronavirus induced crisis.
Crown Holdings Sees Solid Beverage Can Demand Amid Coronavirus
by Zacks Equity Research
Going forward, Crown Holdings (CCK) will benefit from rising global beverage can demand as consumers are favoring cans over other formats. Impact of coronavirus pandemic will affect near-term results.
Here's Why You Should Hold Packaging Corp in Your Portfolio
by Zacks Equity Research
Investors can retain Packaging Corp (PKG) stock in their portfolio for the time being on solid prospects.