Economy / 617

Uber Driver Injured in Bay Area Gun Battle

October 25, 2017

Unfortunately the driver was struck, but fortunately suffered non-life threatening injuries. Westbound 380 was closed for almost five hours as police investigated the shooting, a crime scene that "stretched almost a mile long", ABC 7 reports .

Dow rallies on strong earnings from 3M, Caterpillar

October 25, 2017

Stocks scored a win following a solid batch of quarterly earnings , with the Dow surging 168 points to hit another record closing high after Caterpillar and 3M reported particularly strong Q3 results. Strong earnings and optimism about Trump's tax plans have boosted stocks in recent sessions. Biogen slipped 4.61 percent after reporting disappointing United States sales of a potential blockbuster drug, Spinraza.

Stock Showing Surging Activity: Rite Aid Corporation (RAD)

October 25, 2017

The typical day in the last two weeks has seen about a 1.02% volatility. It is down 55.18% since October 24, 2016 and is downtrending. It has underperformed by 71.88% the S&P500. The stock of Rite Aid Corporation (NYSE:RAD) has "Hold" rating given on Wednesday, January 6 by Evercore. Therefore 14% are positive. The Company operates under The Rite Aid name.

Nordic American Tankers Limited (NYSE:NAT) Valuation According To Analysts

October 25, 2017

The dividend payment will be $0.100 per share for the quarter or $0.40 annualized. For the current year the company's revenue estimates are $181.45 Million compared to low analyst estimates of $172.87 Million and high estimates of $191.99 Million according to the prediction of 6 analysts.

Earnings at the Forefront For Centene Corporation

October 25, 2017

Bowers sold 4,000 shares of the firm's stock in a transaction on Tuesday, August 1st. About 209,293 shares traded. About shares traded. MRC Global Inc (MRC) has risen 52.93% since October 23, 2016 and is uptrending. Fjarde Ap invested in 0.07% or 41,307 shares. Alpine Woods Capital Invsts owns 4,000 shares for 0.02% of their portfolio. Chief Executive Michael Neidorff told a conference call with analysts that Centene has filed health plans for 2018 in all its exchange markets on the ...

Auto Industry to Washington Pols: Keep NAFTA in place

October 25, 2017

Freeland, said she was disappointed in the "winner-take-all-mindset" of the negotiations, and that while an agreement for an improved NAFTA is "absolutely achievable", it can not be reached with an "approach that seeks to undermine NAFTA rather than modernize it".

RBS at risk of 'further action' from watchdog over controversial turnaround unit

October 25, 2017

The FCA has come under intense political pressure in recent weeks to publish the full "skilled persons" report, known as section 116, which was commissioned from a specialist consultancy called Promontory. " RBS is trying to play down the significance of the findings in the interim FCA report ". "It has taken the FCA too long to publish its summary of the skilled persons' report", she said.

Quarterly EPS Forecast Review: Walgreens Boots Alliance, Inc. (WBA)

October 25, 2017

The stock's quarterly performance represents pessimistic momentum of -13.74 percent. Walgreens Boots Alliance ( WBA ) now has a 14-day Commodity Channel Index (CCI) of -54.13. WBA has a beta of 1.21 and RSI is 23.23. The VC1 of Walgreens Boots Alliance, Inc . In other news, insider Stefano Pessina purchased 2,000,000 shares of the business's stock in a transaction that occurred on Friday, November 4th.

Chipotle's sales disappoint, shares dive 6 percent

October 25, 2017

During the same period in the previous year, the business posted $0.87 earnings per share. On a GAAP basis, Chipotle Mexican Grill 3Q17 earnings rose to 69 cents per share from 27 cents per share past year. $466.49's average target is 44.33% above currents $323.2 stock price. About 1.22 million shares traded or 7.02% up from the average. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 68.88 and a beta of 0.60.

Equity Research Analyst's Stock Ratings: Ascena Retail Group, Inc. (ASNA), Intel Corporation

October 25, 2017

Ascena Retail Group, Inc . Its Dressbarn stores offer casual, career and special occasion fashion apparel and accessories; Maurices stores offer casual and career apparel and accessories; and Justice stores offer trend-right apparel and accessories.

Air passengers to almost double to 7.8 billion in 2036: IATA report

October 24, 2017

Releasing its 20-year passenger forecast, the International Air Transport Association (IATA) said globally a total of 7.8 billion passengers are expected to travel in 2036, with Asia-Pacific region leading the demand. The major force for growth will be the Asia-Pacific region. The US will be the second-fastest-growing market, with 401 million new passengers for a total of 1.1 billion passengers, followed by India (337 million new passengers for a total of 478 million passengers by ...

Henry Schein, Inc. (NASDAQ:HSIC) Under Analyst Spotlight

October 24, 2017

It is derived from the P/E - Price Earnings Ratio, in which the profit is replaced by cash flow. The Company's divisions include Domestic and Global. Capital Mngmt Assoc holds 0.42% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 2,100 shares.

Stock is down at $158.19 (SWK) Stanley Black & Decker Reports 3Q 2017…

October 24, 2017

The company has a consensus rating of Buy and a consensus price target of $160.25. In other Stanley Black & Decker news, insider John H. Wyatt sold 6,956 shares of Stanley Black & Decker stock in a transaction that occurred on Friday, September 8th.

Global wine production sinks to lowest level since 1961

October 24, 2017

Worldwide wine production is set to drop 8.2 percent from last year's amount, the lowest level for nearly 60 years. With harvests now at an end in the northern hemisphere, the final, official production figures are yet to come out, but the OIV's estimations predict a reduction of 23 percent in Italy to 39.3 mhl, 19 percent in France to 36.7 mhl, and 15 percent in Spain to 33.5 mhl, compared with 2016.

Bank of Nova Scotia Grows Holdings in BB&T Corporation (BBT)

October 24, 2017

The company has market cap of $13.01 billion. The stock decreased 0.68% or GBX 6.9 on October 20, reaching GBX 1003.1. About 224,661 shares traded. The stock increased 1.63% or $0.76 on October 20, reaching $47.5. Morgan Stanley downgraded the shares of BBT in report on Monday, November 14 to "Underweight" rating.

Erratic Trading Showing Unusual Volume in Shares of PACCAR Inc (NASDAQ:PCAR)

October 24, 2017

PCAR is covered by 16 analysts who by consensus are expecting earnings to increase from today's level of $3.752 to $5.019 over the next couple of years. PACCAR Inc has a beta of 0.76, offering the possibility of a higher rate of return, but also posing more risk. A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Proficio Capital Partners LLC Boosts Holdings in Wal-Mart Stores, Inc. (WMT)

October 24, 2017

The company is up since yesterday's close of 87.44. Sprague Resources LP (SRLP) has risen 13.18% since October 24, 2016 and is uptrending. It has outperformed by 3.69% the S&P500. The collective rating of 2.7 for Blue Apron Holdings, Inc. The firm has "Market Perform" rating by Telsey Advisory Group given on Friday, May 20. The company was maintained on Wednesday, November 18 by M Partners.

Investor's Watch List: Steel Dynamics Inc. (STLD)

October 24, 2017

Morgan Stanley reaffirmed a "buy" rating on shares of Steel Dynamics in a report on Tuesday, July 18th. Trust Department Mb Bank N A holds 0% of its portfolio in Steel Dynamics, Inc . Walleye Trading Lc reported 0.01% of its portfolio in Steel Dynamics, Inc . CX's shares were trading -22.08% below from the 52-week high price mark of $10.37 and 16.87% above from the 52-week price bottom of $6.91.

Amazon pulls online wine arm

October 24, 2017

Amazon has confirmed it is closing down its dedicated online wine arm - Amazon Wine , after just five years. But, in an email to Amazon Wine sellers, which has been widely reported by media outlets, the company stated that 'as Amazon continues to offer customers additional retail options for buying wine, we will no longer offer a marketplace for wine at this time, and Amazon Wine will close on December 31st, 2017′.

Maxim Group Boosts Maxim Integrated Products, Inc. (MXIM) Price Target to $60.00

October 24, 2017

It closed at $52.09 lastly. It has outperformed by 14.57% the S&P500. Analysts expect Xencor Inc (NASDAQ:XNCR) to report $-0.29 EPS on November, 1.They anticipate $0.09 EPS change or 45.00% from last quarter's $-0.2 EPS. Another trade for 51,000 shares valued at $2.26 million was sold by NEIL CHRISTOPHER J . Director Mary Ann Wright sold 560 shares at an average price of $46.29 on Monday the 11th.

Bank of Nova Scotia Sells 186300 Shares of NXP Semiconductors NV (NXPI)

October 24, 2017

It has underperformed by 41.48% the S&P500. Capstone Investment Advisors Llc sold 280,200 shares as Nxp Semiconductors N V (Call) ( NXPI)'s stock rose 5.22%. The firm has "Buy" rating given on Thursday, September 7 by Needham. The company was downgraded on Tuesday, November 1 by Pacific Crest. KeyCorp reissued a "hold" rating on shares of NXP Semiconductors N.V.in a research report on Friday, September 8th.

AT&T extends Time Warner merger deadline

October 24, 2017

The Moab Capital Partners Llc holds 81,369 shares with $8.17M value, up from 46,269 last quarter. As cord cutting and other pressures continue to take a bite out of traditional pay-TV services, AT&T seems to see Time Warner and their catalog of shows, movies, and networks as a way to diversify its business.

Investors Buy MGM Resorts International (MGM) on Weakness

October 24, 2017

Empire Resorts, Inc.is a holding company for various subsidiaries engaged in the hospitality and gaming industries. MGM was included in 5 notes of analysts from October 5, 2016. $181,743 worth of MGM Resorts International (NYSE:MGM) was sold by BIBLE WILLIAM A. If you are reading this news story on another domain, it was stolen and republished in violation of U.S.

Western Digital Corporation (WDC) Downgraded by Vetr Inc. to "Buy"

October 24, 2017

About 37,388 shares traded or 58.69% up from the average. It is down 0.00% since October 23, 2016 and is. It has outperformed by 45.78% the S&P500. Robeco Institutional Asset Management B.v. 80 funds opened positions while 110 raised stakes. 4,092 are owned by Jane Street Gp Limited Liability Corp. Nomura Asset Limited owns 969 shares or 0.03% of their U.S.

Hartford Financial Services Group, Inc. (the) - HIG - Stock Price Today

October 24, 2017

The shares were sold at an average price of $44.16, for a total value of $259,130.88. The institutional investor held 317,580 shares of the major banks company at the end of 2017Q2, valued at $17.60M, down from 328,461 at the end of the previous reported quarter.

Exactech, Inc. (EXAC) Downgraded by Robert W

October 24, 2017

Schwab Charles Investment Management Inc. boosted its position in shares of Exactech, Inc . BidaskClub downgraded shares of Exactech from a "hold" rating to a "sell" rating in a report on Monday, July 31st. If you are viewing this piece on another publication, it was stolen and republished in violation of United States and worldwide copyright law. In other Exactech news, Director Fern Watts sold 1,013 shares of the stock in a transaction on Tuesday, August 8th.

Self-driving startup nuTonomy bought by Delphi for $400 million

October 24, 2017

The core thought behind this purchase is to accelerate the pace of developing autonomous vehicles with Delphi. De Vos sees the technology accelerating into the commercial space and then bleeding over into consumer vehicles over time. "Joining forces with Delphi brings us one step closer to achieving our goal with a market-leading partner whose vision directly aligns with ours". Automotive equipment maker Delphi said Tuesday it was acquiring United States university spinoff nuTonomy in a ...

Lord & Taylor sells its flagship Manhattan store to WeWork

October 24, 2017

Hudson's Bay Company is selling its Lord & Taylor property on New York's tony Fifth Avenue to WeWork for US$850 million as part of a flurry of deals. (TSX: HBC ) is selling its Lord & Taylor Fifth Avenue building in NY to a joint venture between WeWork and Rhone Capital in a deal valued at $1.075 billion.

Lockheed Martin Corporation (NASDAQ:LMT) To Report Earnings

October 24, 2017

Interocean Capital Limited Com holds 2,316 shares. Farr Miller & Washington Limited Dc holds 0.03% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 1,058 shares. It has underperformed by 2.51% the S&P500. Heading into the earnings release, covering analysts have a consensus target price of $318.58 on Lockheed Martin Corporation shares.

Sears to stop selling Whirlpool appliances

October 24, 2017

The end to the partnership is effective immediately and includes the larger appliances and small kitchen appliances of Whirlpool subsidiaries like Maytag, KitchenAid and Jenn-Air. The outlook renews concerns that Whirlpool can't keep its costs in check, especially as the company struggles to integrate Italy's Indesit business.

What's The Story Behind Whiting Petroleum Corp. (NYSE:WLL)

October 24, 2017

Total debt to equity ratio of the company for most recent quarter is 0.66 whereas long term debt to equity ratio for most recent quarter is 0.66. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 25,799,001 shares of the stock are valued at $131.58 million.

Biogen Inc. (NASDAQ:BIIB) Stock Rating Reaffirmed by Stifel Nicolaus

October 24, 2017

BIIB's profit would be $1.19B giving it 14.64 P/E if the $5.61 EPS is correct. The company has a market capitalization of $71.48 billion, a price-to-earnings ratio of 22.19 and a beta of 0.77. Main Street Research Limited Company stated it has 3,896 shares. Prudential has 0.28% invested in Biogen Inc (NASDAQ:BIIB) for 688,495 shares. Since the start of the New Year, Biogen Inc.

Valero Energy Corporation (VLO) Downgraded by Macquarie to "Neutral"

October 24, 2017

It has underperformed by 1.41% the S&P500. Comerica Commercial Bank reported 155,147 shares. The stock was sold at an average price of $75.86, for a total value of $49,764.16. West Oak Capital Ltd Liability Co has invested 0% of its portfolio in Valero Energy Corporation (NYSE:VLO). Therefore 55% are positive. Citigroup Inc.

What Are Analysts Opinions On Antares Pharma Inc. (ATRS)

October 24, 2017

Etrade Ltd Liability accumulated 0.03% or 5,639 shares. 20,000 are owned by First Eagle Investment Limited Co. Nationwide Fund reported 0% of its portfolio in Antares Pharma Inc (NASDAQ: ATRS ). The total value of its holdings increased 44.4%. Jefferies maintained Antares Pharma Inc (NASDAQ: ATRS ) rating on Monday, August 7. Antares Pharma, Inc .

Buys 2335 Shares of Cabot Oil & Gas Corporation (COG)

October 24, 2017

The stock declined 0.69% or $0.18 reaching $25.35 on the news. About 10.30M shares traded or 30.88% up from the average. It has outperformed by 103.79% the S&P500. Arizona State Retirement Systems owns 115,400 shares. (NASDAQ:AMAT). Nordea Inv Mngmt holds 0.06% or 564,657 shares. Centurylink Inv Management Communications stated it has 0.6% of its portfolio in Applied Materials, Inc.

JP Morgan Downgrades Rating On Cleveland-Cliffs Inc. (CLF)

October 24, 2017

The company slightly reduced volume guidance in the USA and Australia, while maintaining prior cost guidance in the US, and increased Australian cost guidance (mostly as a result of the weaker USD). COPYRIGHT VIOLATION WARNING: " Cliffs Natural Resources Inc". A number of research firms recently commented on CLF . If you are viewing this report on another site, it was illegally copied and republished in violation of U.S.

Infosys lowers revenue forecast for fiscal year

October 24, 2017

Nilekani was recently brought in as someone who is trusted by Murthy after CEO Vishal Sikka stepped down, blaming constant attacks that he said were distracting him and the company. That compared with the $2,748 million estimate by the Mumbai brokerage, which would meant a 3.6 percent quarter-on-quarter growth and a 6.2 percent growth on the revenue for the same quarter a year ago.

Graphic Packaging Holding Company (GPK) Releases Quarterly Earnings Results, Meets Expectations

October 24, 2017

Vanguard Group Inc. raised its position in shares of Graphic Packaging Holding by 3.7% during the 1st quarter. Over the past five trading sessions shares of Graphic Packaging Holding Company (GPK) are 0.07%; 4.39% for the month; 6.97% for the last quarter; 4.31% for the past six-months; and 5.55% for the last 12 months.

Interpublic Group -5.4% as Q3 earnings miss, firm revises outlook

October 24, 2017

BidaskClub upgraded Interpublic Group of Companies, Inc. The stock has a market cap of $9.29 billion, a P/E ratio of 17.51 and a beta of 1.60. It has underperformed by 13.69% the S&P500. will post $1.43 earnings per share for the current fiscal year. Jefferies Group LLC reiterated a "buy" rating and set a $26.00 price objective on shares of Interpublic Group of Companies, Inc.

Seagate Technology PLC (NASDAQ:STX) Expected To Report Earnings On Monday

October 24, 2017

Finally, Zacks Investment Research lowered Seagate Technology PLC from a "hold" rating to a "strong sell" rating in a research report on Wednesday, September 20th. The company recently declared a dividend for shareholders which was paid on Wednesday July 5th, 2017. On 10/23/2017 announced a quarterly dividend of $0.63 with an ex dividend date of which will be payable on 12/20/2017.

FAA Investigating SFO Incident Involving Another Air Canada Plane

October 24, 2017

In this particular incident, the passengers weren't in any immediate danger, an FAA spokesman said. According to the FAA, Flight 781 from Montreal was cleared to land on runway 28-R by air traffic control. After it landed safely, the Air Canada crew alerted the tower it had a radio problem, Gregor said. This is the second unsafe incident involving an Air Canada flight.

Fiat Chrysler Q3 Net Profit Up 50%; Backs 2017 Outlook

October 24, 2017

Dimensional Fund Advisors LP increased its position in Fiat Chrysler Automobiles N.V.by 47.2% during the second quarter. The stock has more than doubled in the last 12 months. (NYSE: FCAU ) opened at 16.72 on Monday. Fiat Chrysler Automobiles NV has a one year low of $5.45 and a one year high of $9.51. Fiat Chrysler Automobiles N.V.

Growth Analysis of Mondelez International, Inc. (NASDAQ:MDLZ)

October 24, 2017

Since May 5, 2017, it had 0 insider purchases, and 2 insider sales for $77.69 million activity. About 2.18 million shares traded. San Juan Basin Royalty Trust (NYSE:SJT) has risen 21.85% since October 22, 2016 and is uptrending. Tarbox Group Inc. now owns 2,836 shares of the company's stock valued at $125,000 after buying an additional 25 shares during the last quarter. Mai Capital Management reported 0.45% stake.

Arconic Inc (ARNC) Stock Price Down 10.4% After Earnings Miss

October 24, 2017

Arconic tapped Chip Blankenship as its CEO although Elliott Management, which holds a 12.1 percent stake, had another choice in mind. Vetr upgraded Arconic to a strong-buy rating in a research report on Thursday, July 27th. Also, Director Elmer L. Doty bought 6,000 shares of the firm's stock in a transaction on Thursday, August 10th. 30, 2017, the great number of shares acquired came courtesy the Director; Merrin Patrice E added a total of 10,000 shares at an average price of $27.17, ...

Caterpillar reports revenue jump on soaring demand; raises forecast

October 24, 2017

The Trustmark National Bank Trust Department holds 11,330 shares with $1.95 million value, up from 7,759 last quarter. Favorable price realization, lower restructuring costs and variable manufacturing costs were partially offset by higher period costs.

The Bank of New York Mellon Corporation (BK), Lattice Semiconductor Corporation (LSCC)

October 24, 2017

The stock of Bank of New York Mellon Corp (NYSE:BK) has "Buy" rating given on Friday, January 22 by UBS. Its down 4.37% from 414,200 shares previously. Iat Reinsurance Company Ltd increased its stake in Blackstone Group Lp (BX) by 75% based on its latest 2017Q2 regulatory filing with the SEC. Bank Of New York Mellon Corporation (The) announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, June 28th that allows the company to buyback $3.10 billion in ...

Netflix, Inc. (NFLX) Stock Rating Reaffirmed by Cowen and Company

October 24, 2017

The stock declined 0.99% or $1.18 reaching $118.3 on the news. Netflix (NASDAQ: NFLX ) last issued its quarterly earnings results on Monday, October 16th. Macquarie Grp Inc accumulated 40,258 shares. Sigma Planning holds 8,954 shares. Netflix, Inc is a provider an Internet television network. Glynn Capital Management Lc holds 4.56% or 136,034 shares in its portfolio.

JetBlue Airways Corporation (JBLU): Is It A Good Long Term Opportunity?

October 24, 2017

AQR Capital Management LLC boosted its stake in shares of JetBlue Airways Corporation by 28.5% in the 1st quarter. The stock's 12-month trailing earnings per share stands at $1.97. Several brokerages recently weighed in on JBLU . Finally, ValuEngine upgraded JetBlue Airways Corporation from a buy rating to a strong-buy rating in a research report on Wednesday, August 23rd.

Baker Hughes posts loss, sees tough 4th quarter

October 24, 2017

With 2.21 million avg volume, 4 days are for Baker Hughes A GE Company Class (NYSE: BHGE)'s short sellers to cover BHGE's short positions. Baker Hughes, a GE Company is an oil and gas company. Janney Capital initiated it with "Buy" rating and $55 target in Tuesday, September 15 report. The stock volatility for the week was 2.89% while for the month was 2.31%.

McDonald's quarterly United States comp sales beat estimates

October 24, 2017

McDonald's reported 6-percent global same-store sales growth, as worldwide markets continued to flourish. Dollar drinks and signature burgers were expected to lift McDonald's Q3 results , RBC analyst David Palmer said before the earnings were released.

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