Articles by: Louis Casey

HSN To Launch Kim Kimble Hair Product Line

HSN To Launch Kim Kimble Hair Product Line

HSN shares were higher 2% on Tuesday after the company said that celebrity hair stylist Kim Kimble will launch her product line exclusively with HSN starting Dec 29. “I’m truly excited to be working with HSN on the launch of my new product line, which allows me to to share my expertise and knowledge of working on celebrity hair with[Read More…]

by December 27, 2016 0 comments Daily Dime
Health Care Stocks Drifting Lower in Late Trade

Health Care Stocks Drifting Lower in Late Trade

Health care stocks were slightly lower in late trading today, with the NYSE Health Care Index slipping 0.2% while shares of health care companies in the S&P 500 were down about 0.1% as a group. In company news, Akebia Therapeutics (AKBA) rallied Tuesday after the specialty drugmaker and Otsuka Pharma today announced a collaboration and licensing agreement to develop Akebia’s[Read More…]

by December 20, 2016 0 comments Stock News, Stocks
SPX FLOW Amends $1.35 Billion Senior Secured Credit Facilities

SPX FLOW Amends $1.35 Billion Senior Secured Credit Facilities

SPX FLOW said Friday it has completed an amendment to its $1.35 billion senior secured credit facilities, which provide covenant relief through Dec. 2018. The amendments also increase the net leverage covenant from 4 times to 4.75 times with step downs beginning in October next year. It also decreases the interest coverage ratio from 3.5 times to 3times with step[Read More…]

by December 16, 2016 0 comments Daily Dime
Stock Indexes Rise Fifth Straight Day

Stock Indexes Rise Fifth Straight Day

Stock indexes rose for a fifth consecutive day as the so-called Trump Rally rolls on led by speculation that the new administration will ease regulations on businesses. In a report Friday, the University of Michigan said consumer sentiment rose to a reading of 98.0, just below a reading of 98.1 in January 2015 that was the strongest reading in 11[Read More…]

by December 9, 2016 0 comments Stock News, Stocks
Jack Daniel’s Maker Brown Forman Quarterly Earnings Meet Expectations

Jack Daniel’s Maker Brown Forman Quarterly Earnings Meet Expectations

Brown Forman, the maker of Jack Daniel’s Tennesee Whiskey, reported on Wednesday second-quarter earnings that matched expectations and revenue that missed while first-half sales decline. The company reported earnings of $0.50 a share, up a penny from a year earlier and matching analyst expectations compiled by Capital IQ. Revenue declined 3% year-over-year to $830 million, missing forecasts for $837.3 million.[Read More…]

by December 7, 2016 0 comments Daily Dime
Solitario Exploration & Royalty To Begin Economic Study of Bongara Zinc Mine

Solitario Exploration & Royalty To Begin Economic Study of Bongara Zinc Mine

Solitario Exploration & Royalty said Wednesday it will initiate a NI-43-101 preliminary economic study on its Bongara zinc project in northern Peru. This will be the first evaluation to estimate the potential economics of the Bongara project. Work to date has demonstrated that Bongara has a high-grade zinc deposit with an average resource grade in excess of 12% zinc equivalent,[Read More…]

by November 30, 2016 0 comments Daily Dime