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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.20% per year. These returns cover a period from January 1, 1988 through April 1, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Company News for April 04, 2017
• Shares of DryShips plunged 19% after the company entered into an agreement to sell as much as $226 million in common stock to financing source Kalani Investments Limited
• Volkswagen AG’s shares declined 1.1% after a German court rebuffed the company’s attempt to prevent prosecutors from using information seized during searches of the law firm which Volkswagen had hired to investigate its emissions scandal
• Shares of Caterpillar Inc. (CAT - Free Report) declined 0.5% after Goldberg Law PC announced the filing of a class action lawsuit against Caterpillar
• United Therapeutics Corporation’s (UTHR - Free Report) shares fell 8.4% after the company lost a patent dispute against SteadyMed with respect to several of its important drug offerings