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Food Sector M&A Is Heating Up, Gabelli Fund Manager Says: Watch For BellRing Brands, Campbell Soup
Monday, August 26, 2024 - 4:27pm | 578Read More...The food industry is ripe for consolidation now that the Federal Reserve is expected to cut interest rates in September. According to Kevin Dreyer, co-CIO of Value at Gabelli Funds, lower rates generally stimulate M&A activity. "One thing to note is that, as rates come down, that tends to lead...
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Gabelli Names Clovis As Top Pick, Calls The Biotech A Likely Takeout Candidate
Tuesday, December 11, 2018 - 1:42pm | 508Read More...Clovis Oncology Inc (NASDAQ: CLVS) has emerged as a strong takeover candidate following GlaxoSmithKline plc (NYSE: GSK)'s proposed acquisition of TESARO Inc (NASDAQ: TSRO), according to Gabelli Research. The Analyst Analyst Jing He named Clovis as his top pick in 2019. The analyst...
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With Sensient Looking Tastier, Gabelli Upgrades To Buy
Monday, February 12, 2018 - 4:50pm | 335Read More...Sensient Technologies Corporation (NYSE: SXT), a manufacturer and marketer of colors, flavors, and fragrances for the food and beverage industry, reported fourth quarter results last week that, despite falling short of expectations, turned one analyst bullish. The Analyst Gabelli & Company...
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Tesaro Is A Top Rumor Mill Stock Right Now; Here Is A Timeline Of The Chatter
Tuesday, June 13, 2017 - 12:24pm | 509Read More...TESARO Inc (NASDAQ: TSRO) takeover rumors have been swirling around since September 2016, and Benzinga continues to hear M&A chatter Tuesday. The biopharmaceutical company has been a huge acquisition target, as biotech companies look to gain access to Zejula, an approved inhibitor to treat...
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Weatherford International: Euphoria From New CEO Begins To Fade
Tuesday, March 7, 2017 - 12:34pm | 169Read More...Weatherford International Plc (NYSE: WFT) shares are trading higher by $0.80 at $6.69 in Tuesday's session. The Street is exuberant that the company has named former Halliburton Company (NYSE: HAL) chief financial officer Mark McCollum as its president and CEO. That news has instigated comments...
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Gabelli Makes Valuation Call On Universal Display, Downgrades To Hold
Friday, May 6, 2016 - 2:34pm | 419Read More...Gabelli & Company made a valuation call on Universal Display Corporation (NASDAQ: OLED) shares. As a result, the brokerage downgraded the shares to a Hold rating from Buy rating based on margin of safety consideration and valuation. As a sole supplier of emitter materials, the company is well...
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Gabelli Initiates Tri Pointe Homes With Buy
Monday, June 29, 2015 - 10:12am | 70Read More...Analysts at Gabelli initiated coverage on Tri Pointe Homes Inc (NYSE: TPH) with a Buy rating. The target price for Tri Pointe Homes is set to $19. Tri Pointe Homes shares have gained 0.76 percent over the past 52 weeks, while the S&P 500 index has surged 7.17 percent in the same period. Tri...
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Gabelli Downgrades AutoZone To Hold
Wednesday, May 27, 2015 - 9:14am | 51Read More...Analysts at Gabelli downgraded AutoZone, Inc. (NYSE: AZO) from Buy to Hold. AutoZone shares have gained 29.08 percent over the past 52 weeks, while the S&P 500 index has surged 10.18 percent in the same period. AutoZone shares jumped 0.20 percent to $689.80 in pre-market trading.
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US Stock Futures Edge Higher; Costco Earnings In Focus
Wednesday, May 27, 2015 - 7:18am | 393Read More...Pre-open movers US stock futures traded slightly higher in early pre-market trade. Costco Wholesale Corporation (NASDAQ: COST) is expected to report its Q3 earnings after the closing bell. Futures for the Dow Jones Industrial Average gained 16.50 points to 18,069.50, while the Standard & Poor...
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Gabelli Initiates A. O. Smith With Hold
Wednesday, May 13, 2015 - 9:23am | 54Read More...Gabelli initiated coverage on A. O. Smith Corp (NYSE: AOS) with a Hold rating. A O Smith shares have gained 44.32 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. A O Smith shares closed at $68.22 yesterday.
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Gabelli Initiates UIL Holdings With Buy
Monday, April 27, 2015 - 9:15am | 54Read More...Analysts at Gabelli initiated coverage on UIL Holdings Corporation (NYSE: UIL) with a Buy rating. UIL Holdings shares have gained 37.70 percent over the past 52 weeks, while the S&P 500 index has surged 13.28 percent in the same period. UIL Holdings' shares closed at $50.95 on Friday.
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Gabelli Upgrades Mueller Water Products To Buy
Thursday, February 5, 2015 - 9:01am | 54Read More...Analysts at Gabelli upgraded Mueller Water Products, Inc. (NYSE: MWA) from Hold to Buy. Mueller Water Products shares have gained 3.12% over the past 52 weeks, while the S&P 500 index has surged 15.12% in the same period. Mueller Water Products' shares fell 15.37% to close at $8.92 yesterday.
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Gabelli Downgrades Lexicon Pharmaceuticals To Hold
Tuesday, August 19, 2014 - 8:43am | 46Read More...Analysts at Gabelli downgraded Lexicon Pharmaceuticals (NASDAQ: LXRX) from Buy to Hold. Lexicon Pharma shares have dropped 27.43% over the past 52 weeks, while the S&P 500 index has gained 19.79% in the same period. Lexicon Pharma's shares closed at $1.64 yesterday.
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UPDATE: Gabelli Downgrades Stratasys On Valuation Concern
Friday, August 8, 2014 - 3:39pm | 159Read More...Stratasys (NASDAQ: SSYS) shares are up nearly 16 percent since the company beat second-quarter expectations by a wide margin Thursday. But a research firm downgraded the shares Friday citing valuation. The 3D printer maker posted adjusted earnings of $0.55 per share while revenue grew 68...
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Gabelli Initiates Ophthotech At Buy
Friday, July 25, 2014 - 8:27am | 30Read More...Analysts at Gabelli initiated coverage on shares of Ophthotech (NASDAQ: OPHT) with a Buy rating. Ophthotech's shares fell 1.55% to close at $40.00 yesterday.
