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Zacks News
Packaging Corporation of America to Buy Assets for $265M
by Zacks Equity Research
Packaging Corporation of America's (PKG) acquisition of assets of Sacramento Container Corporation, and 100% interests of Northern Sheets and Central California Sheets will boost its operations.
Caterpillar Hits 52-Week High on Upbeat Sales Growth Figures
by Zacks Equity Research
Caterpillar (CAT) shares have been on an uptrend this year thanks to its turnaround performance. Shares hit a new 52-week high on Aug 22 triggered by the news of its sales peaking 12% in July.
Deere (DE) Poised on Farm Income Growth Amid Rising Expenses
by Zacks Equity Research
Deere's (DE) raised guidance, continued strength in farm income growth and improving construction bodes well despite unfavorable impacts of raw material prices and rising expenses.
Grainger (GWW) Hits 52-Week Low: What's Dragging it Down?
by Zacks Equity Research
Shares of W.W. Grainger Inc. (GWW) have lost around 31.8% year-to-date and hit a 52 week low of $158.35 on Aug 21. Lackluster Q2 performance, inflationary expenses are affecting the stock performance.
Sealed Air Rides on Product Innovation, Near-Term Risks Stay
by Zacks Equity Research
Sealed Air's (SEE) top-line will be boosted by demand for its core product portfolio, recently-introduced innovations and growth in e-Commerce. However, high raw material costs will impact margins.
Why Terex Corporation (TEX) Could Shock the Market Soon
by Zacks Equity Research
Terex Corporation (TEX) sees solid earnings estimate revisions and looks poised to shock the market, and yet seems overlooked by the investors.
Terex (TEX) Poised to Benefit from Portfolio Restructuring
by Zacks Equity Research
Terex (TEX) is expected to benefit from progress on capital allocation strategy and focus on portfolio restructuring.
Caterpillar's (CAT) Monthly Sales Growth Peaks 12% in July
by Zacks Equity Research
Following an upbeat Q2, Caterpillar Inc. (CAT) reported a 12% rise in July sales, the best reading this year. Aided by the Asia Pacific region, the behemoth seems poised to carry the momentum ahead.
Why Caterpillar (CAT) is a Must-Add Stock to Your Portfolio
by Zacks Equity Research
In this write-up we have highlighted few points that make Caterpillar Inc. (CAT) stock a must buy.
6 Reasons to Steer Clear from Bemis (BMS) Stock for Now
by Zacks Equity Research
Backed by a gamut of reasons which include poor price performance, lower inventory turnover compared with the industry, we suggest investors to stay away from Bemis Company Inc. (BMS) right now.