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Zacks Investment Research Upgrades Dow Chemical to "Buy"

2015-11-18 00:44:06| Chemicals - Topix.net

The firm presently has a $58.00 price target on the stock. Zacks Investment Research 's target price suggests a potential upside of 12.29% from the stock's current price.

Tags: buy research investment chemical

 

Exxon Mobil - Buy The Dip

2015-11-17 22:39:31| Chemicals - Topix.net

XOM is well-placed to counter the weakness in the oil market as it is lowering its cost structure and focusing on the downstream opportunity. XOM's financial performance has improved sequentially, while the company has also improved its cash flow profile, which is impressive considering the decline in oil prices this year.

Tags: buy mobil dip exxon

 
 

TTM Technologies Is Back In Buy Territory

2015-11-17 16:58:25| Electronics - Topix.net

Shares of TTM Technologies sold off in July and August on the back of the China scare and weakness in some of its end-markets. Synergies remain on track to total $55 million, but there appears to be a long-term opportunity for upside to those figures.

Tags: back buy technologies territory

 

Coats Group PLC Earns Buy Rating from Peel Hunt

2015-11-17 13:33:41| Mobile Homes - Topix.net

's stock had its "buy" rating reaffirmed by analysts at Peel Hunt in a report released on Tuesday, AnalystRatings.Net reports. They currently have a GBX 41 price target on the stock.

Tags: group buy rating hunt

 

Liberty Global to buy Cable & Wireless for GBP 3.5 bln

2015-11-17 08:38:00| Telecompaper Headlines

(Telecompaper) Liberty Global has offered to acquire UK-based telecoms group Cable & Wireless Communications (CWC) for GBP 3.5 billion in a bid to expand its Caribbean business. The announcement comes six months after Liberty Global's chairman and largest shareholder John Malone acquired a 13 percent stake in CWC following the UK group's EUR 1.85 billion acquisition of Columbus International. Last month the companies confirmed they had entered into talks about bringing together CWC's strong position in the Caribbean with Liberty's operations in Chile and Puerto Rico. The stock offer for CWC is valued at 78.04 pence per share, based on closing share prices as of 13 November, with shareholders also receiving a special dividend of 3 pence per share. In a statement, Liberty Global said the offer represented a purchase price multiple of 10.7x CWC's adjusted EBITDA on 30 September after taking into consideration the unrealised cost synergies resulting from CWC's acquisition of Columbus International. The combined business would serve 10 million video, data, voice and mobile subscribers, said Liberty Global's CEO Mike Fries, adding that additional synergies would be expected beyond the previously reported USD 125 million.

Tags: buy global wireless cable

 

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