DSW (NYSE: DSW) announced it is expanding its e-commerce business by acquiring Ebuys, an online off-price footwear and accessories retailer with stores in North America, Europe, Australia and Asia. The deal will cost DSW $62.5 million in cash up front, and possibly more based on the website’s performance. After the transaction is completed in mid March, Ebuys is expected to continue to operate as a separate business within DSW.

Along with expanding its online footprint, DSW is also increasing its traditional brick-and-mortar business with plans to open 14 new stores nationwide between March and May this year. The additional locations will bring its total number of stores to 482 in 42 U.S. states.

Thanks to a weak fourth-quarter performance and persistent industry headwinds, Gulf Island Fabrication (NSDQ: GIFI) reported a fourth-quarter net loss of $14.7 million, or a loss of $1.01 per diluted share, on revenue of $55 million. This compares with last year’s net loss of $100,000, or a loss of 1 cent per diluted share, on revenue of $124.8 million.

Gulf Island’s backlog remains strong at $232.4 million, compared with $135 million in the third quarter of 2015. This includes $112 million of new construction the company inherited when it acquired Leevac Shipyards. Gulf Island’s balance sheet remains stable with $34.8 million in cash and no debt.

However, management recognizes that it needs to conserve cash for the long haul, recommending to its board of directors to reduce its quarterly dividend 90%, to 1 cent per share, and to temporarily suspend its stock-repurchase program.

With a turnaround not in its immediate future, we are downgrading the portfolio’s worst performer, Gulf Island Fabrication, to a Sell.

For NMI Holdings (NSDQ: NMIH), new insurance written (original loan amounts for new mortgage insurance policies) in the fourth quarter rose 25%, to $4.5 billion, compared with the third quarter. For full-year 2015, total new insurance written surged 254%, to $12.4 billion, compared with the prior year.

NMI’s reported total revenue for the year was $53.6 million, more than double 2014’s $19.2 million. The company’s net loss for 2015 narrowed to $27.8 million, or 47 cents per share, which compares with a net loss of $48.9 million, or 84 cents per share, in 2014.

Fourth-quarter revenue for Rackspace Hosting (NYSE: RAX) grew 10.7%, to $523 million, compared with the fourth quarter of 2014, and was offset by currency exchange rates. When constant currency is used, net revenue increased 12%.

Revenue for the full year rose 11.4% to $2 billion, compared with $1.79 billion in 2014. Net earnings jumped 14.1% to $126.2 million and were up 16.9% to 90 cents per diluted share.

The company expects first-quarter 2016 revenue to range between $517 million and $521 million, representing a 9.2% to 10.2% growth from last year’s quarter. Rackspace also provided total revenue guidance for 2016 of $2.08 to $2.16 billion.

U.S. Ecology (NSDQ: ECOL) reported 2015 revenue jumped 25.8% to $563.1 million due to strong contributions from its acquisition of EQ Holdings in June 2014. The EQ segment totaled $359 million in revenue, up 57.3% to $228.2 million in 2014. Full-year revenue for its environmental-services business was up only a moderate 17.5% to $375.8 million.

The company said it is facing some headwinds as its industrial customers adjust to slower global growth. Management expects 2016 revenue of $502 million to $528 million, which is a 6.2% to 10.8% reduction from last year.