Concerns about softening economic growth in China weighed on US investors and subsequently markets ended their winning streak.  China also upped its oil prices and comments from a BHP Billiton executive about flattening demand for iron ore from China affected the energy and industrial sectors. The Dow Jones Industrial Average (DJI) lost 0.5% to settle [...]

•    EMC Corporation (NYSE:EMC) announced the acquisition of privately-held Pivotal Labs through an all cash transaction •    Shares of Lions Gate Entertainment (NYSE:LGF) soared 7.2% to $15.30, an all-time high, before the release of its movie, The Hunger Games •    Shares of Bank of America Corporation (NYSE:BAC) gained 2.9% after it announced that it will [...]

Today’s trading action will likely lack conviction, though the downward bias may not be as pronounced as was the case on Tuesday. China-related worries were cited as the reason for the modest Tuesday pullback. But the reality is that stocks do pause after making steady gains, as has been the case lately. On the docket [...]

Cintas Corporation (CTAS) reported third-quarter fiscal 2012 (ending February 29, 2012) earnings of 58 cents per share, 41.5% higher than 41 cents earned in the year-ago quarter. The results surpassed the Zacks Consensus Estimate of 52 cents. Operational Update Total revenues in the reported quarter increased 7.9% year over year to $1.012 billion, beating the Zacks [...]

Wednesday, March 21, 2012 Today’s trading action will likely lack in conviction, though the downward bias may not be as pronounced as was the case on Tuesday. China related worries were cited as the reason for the modest Tuesday pullback. But the reality is that stocks do pause after making steady gains, as has been [...]

Krispy Kreme Doughnuts Inc. (KKD) posted fourth quarter 2012 adjusted earnings of 6 cents per share, lagging the Zacks Consensus Estimate by a penny. Quarterly earnings came in the positive territory from the year-ago level of 2 cents loss per share. On a reported basis, Krispy Kreme earned quarterly earnings of $2.01 per share. Total [...]

For Immediate Release Chicago, IL – March 21, 2012 – Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Flowers Foods, Inc. ( FLO) and J&J Snack Foods [...]

For Immediate Release Chicago, IL – March 21, 2012 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, [...]

For Immediate Release Chicago, IL – March 21, 2012 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Citigroup Inc. ( C), HDFC Bank Limited ( [...]