Economy / 807

Three people rescued in San Francisco apartment fire

September 23, 2017

Two people were rescued and brought to the hospital. Two of the victims were hospitalized with non-life-threatening injuries, one in serious condition, and a third victim did not need medical assistance, according to SFGate . Residents are being asked to avoid the area. The blaze has been doused, but its cause remains under investigation. TM and © Copyright 2017 CBS Radio Inc.

Validus Holdings, Ltd. (NYSE:VR) Stake Lowered by Kennedy Capital Management Inc

September 23, 2017

The stock decreased 1.10% or $0.51 on September 19, reaching $45.73. About 459,992 shares traded. Blackbaud, Inc. (NASDAQ:BLKB) has risen 35.80% since September 18, 2016 and is uptrending. Zacks Investment Research upgraded Validus Holdings from a "sell" rating to a "hold" rating in a report on Tuesday, June 20th. The stock has "Buy" rating by Oppenheimer on Thursday, March 23.

General Electric Sees Unusually Large Options Volume (GE)

September 23, 2017

Wealthfront Inc. now owns 264,356 shares of the conglomerate's stock worth $8,354,000 after purchasing an additional 23,675 shares during the period. Stifel Nicolaus reiterated a "buy" rating on shares of General Electric in a report on Wednesday, June 14th.

American Electric Power Company, Inc. (AEP) Shares Bought by Calamos Advisors LLC

September 23, 2017

During the latest trading session American Electric Power Company, Inc. It has underperformed by 9.07% the S&P500. About 254,261 shares traded. This is a near-term outlook for the coming 12-18 months. Therefore 47% are positive. Jefferies maintained it with "Hold" rating and $7300 target in Friday, July 28 report. As per Wednesday, July 19, the company rating was maintained by Jefferies.

Janney Montgomery Scott LLC Lowers Stake in Automatic Data Processing (ADP)

September 23, 2017

RENDUCHINTALA VENKATA S M sold $52,489 worth of stock or 1,424 shares. Automatic Data Processing has a 1-year low of $85.48 and a 1-year high of $121.77. Ishares Tr (IWS) was raised too. ADP has been the topic of a number of research analyst reports. Therefore 60% are positive. Automatic Data had 36 analyst reports since August 3, 2015 according to SRatingsIntel.

Hennessy Advisors Inc. Sells 3500 Shares of Scana Corporation (SCG)

September 23, 2017

Sigma Planning Corp now owns 3,266 shares of the utilities provider's stock worth $219,000 after acquiring an additional 10 shares during the last quarter. Finally, Goldman Sachs Group, Inc. Barclays PLC upgraded Scana Corporation from an equal weight rating to an overweight rating and upped their price objective for the company from $65.00 to $73.00 in a research note on Tuesday, August 1st.

Coca-cola Refreshments USA Inc Stock as Institutional Investors Enter

September 23, 2017

Analysts giving the company a rating of 3 would be indicating a Hold recommendation. The firm has "Hold" rating given on Friday, August 11 by Jefferies. The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. The ex-dividend date of this dividend is Thursday, September 14th.

Analyst Earnings Estimates Scan: Valero Energy Corporation (VLO)

September 23, 2017

Institutional investors own 78.06% of the company's stock. The stock decreased 0.51% or GBX 0.75 on September 22, reaching GBX 147.25. About 94,246 shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since September 22, 2016 and is uptrending. Analysts anticipate that Valero Energy Corporation will post $4.36 EPS for the current fiscal year.

Q2 Sentiment Mccormick & Co Inc (NYSE:MKC)

September 23, 2017

It has underperformed by 11.58% the S&P500. The stock of Oramed Pharmaceuticals, Inc. About 148,249 shares traded or 80.91% up from the average. Instructure Inc (NYSE:INST) has risen 53.26% since September 22, 2016 and is uptrending. McCormick & Company, (NYSE:MKC) last announced its quarterly earnings results on Thursday, June 29th. Moreover, Gilman Hill Asset Management Llc has 3.5% invested in the company for 82,887 shares.

How Have Empire State Realty Trust, Inc. (ESRT) EPS Forecasts Changed?

September 23, 2017

Therefore 67% are positive. Honing in on the valuation of First Industrial Realty Trust Inc. For example, if there is good news like a positive earnings announcement, the demand for a stock may increase, raising the price from the previous day's close.

Q2 2017 Sentiment Genuine Parts Co (NYSE:GPC)

September 23, 2017

About 95,540 shares traded. The value of the investment in Genuine Parts Company decreased from $45,172,000 to $14,127,000 a change of $31,045,000 quarter over quarter. Investors sentiment decreased to 0.9 in Q2 2017. GPC comes in with a P/S ratio of 0.81 that's below 1, potentially implying that it could be cheap relative to the overall sector (13.98) and its peers (87.74).

Arvind Subramanian's term as chief economic advisor extended for a year

September 23, 2017

Finance Minister Arun Jaitley confirmed the development in a tweet: "CEA Dr Arvind Subramanian will continue for one more year after completion of his 3 year tenure on 16th October, 2017". The principal author of the annual Economic Survey, Subramanian took over as the CEA on October 16, 2014 owing to a vacancy post the appointment of Raghuram Rajan as the Reserve Bank of India ( RBI ) governor in September 2013.

Semiconductor Chip Packaging Market Overview, Growth Analysis and Regional Demand & Development Forecast

September 23, 2017

As the report progresses further, it explains development plans and policies, manufacturing processes, cost structures of Microwave Packaging market as well as the leading players. Market Segment by Type, covers: PVC, Lidding Foils, Cold Form, PVDC, Other & Market Segment by Applications, can be divided into: Capsule Drug, Tablets Drug, Oher Drug.

Horizon Pharma plc (HZNP) — Hot Trending Stock

September 23, 2017

Horizon Pharma PLC has a 12 month low of $9.45 and a 12 month high of $21.98. They now have a United States dollars 12 price target on the stock. Horizon Pharma PLC had a negative net margin of 42.40% and a positive return on equity of 22.85%.

Securities Analyst Recommendations: Juniper Networks, Inc. (JNPR), Concho Resources Inc. (CXO)

September 23, 2017

During last 3 month period, - of total institutional ownership has changed in the company shares. Cadence Capital Management LLC now owns 12,930 shares of the network equipment provider's stock valued at $360,000 after purchasing an additional 63 shares in the last quarter.

Traders Secrets on Western Digital Corporation (WDC), Citizens Financial Group, Inc. (CFG)

September 23, 2017

It seems that Citizens Financial Group, Inc . It has outperformed by 34.26% the S&P500. Hennessy reported 87,100 shares stake. As of quarter end Hosking Partners Llp had bought a total of 18,137 shares growing its position 1.6%. As per Tuesday, October 20, the company rating was maintained by Argus Research. Oppenheimer maintained the shares of BJRI in report on Wednesday, June 21 with "Hold" rating.

What Do Analysts Suggest For Michael Kors Holdings Limited (KORS)

September 23, 2017

Caisse De Depot Et Placement Du Quebec accumulated 31,765 shares. Aimz Advsrs Ltd Liability reported 36,173 shares stake. Globeflex L P holds 5,199 shares. Jyske Bank initiated the shares of KORS in report on Wednesday, March 9 with "Buy" rating. The firm has "Equal-Weight" rating given on Monday, November 14 by Morgan Stanley.

Tractor Supply Company (NASDAQ:TSCO) Trading Down - Short Interest Up by 12.49%

September 23, 2017

Several other large investors have also recently added to or reduced their stakes in TSCO. The company's end of quarter revenue went up 8.9% compared with the same period in the prior year. In other news, CMO Steve K. Barbarick sold 15,014 shares of the company's stock in a transaction on Thursday, March 9th. Tractor Supply had 46 analyst reports since July 23, 2015 according to SRatingsIntel.

Gold slips to two-week low ahead of Fed meet

September 23, 2017

The MSCI All-Country World Index increased 0.3% to the highest on record. The U.S. dollar index, which measures the greenback's strength against a basket of six global currencies, slipped 0.15% to 91.98 during Asia trading hours while benchmark 10-year Treasury bond yields were marked at 2.24%, some 22 basis points from their early September lows in the immediate wake of Hurricane Harvey.

Unusual Activity Sighted in Equifax Inc. (NYSE:EFX) Shares

September 23, 2017

Companies with higher future earnings are usually expected to issue higher dividends or have appreciating stock in the future. Columbus Circle Investors now owns 668,196 shares of the credit services provider's stock worth $89,926,000 after buying an additional 208,298 shares during the last quarter.

FinMin to refund Rs 600 cr to exporters in a few days

September 23, 2017

This is not the case. This is the second month of GSTR-3B filing after the Goods and Services Tax ( GST ) was rolled out from July 1. Tax e-filing network ClearTax said, "allowing refund based on GSTR-3B and GSTR-1 submission will ease up working capital and business issues for exporters who have had their funds locked up".

U.S. stocks close mostly higher, Dow has 2nd positive week in a row

September 23, 2017

Havens got a boost following the North Korean threats. The Swiss franc rose 0.2 percent to 0.9687 franc per dollar CHF= . "Clearly, the Fed doesn't have answers on the 2017 low inflation weakness, but they're still very sensitive to falling behind the curve so they want to stay in front of the inflation curve".

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Sees Significantly Lower Trading Volume

September 23, 2017

Royal Bank Of Canada reissued an "outperform" rating and issued a $35.00 price target (up from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. 5,209 are owned by Dorsey And Whitney Trust Limited Liability Com. 14,439 are held by Panagora Asset Inc. (NYSE:WM) for 8,362 shares. The North Carolina-based First Personal has invested 1.02% in Waste Management, Inc.

Alnylam Pharmaceuticals, Inc. (ALNY) Stock Rating Reaffirmed by Stifel Nicolaus

September 23, 2017

In the most updated research from a number of analysts on Wall Street, the company gets 11 Buys and 1 Sell among 18 analysts. Shares of Alnylam Pharmaceuticals (NASDAQ:ALNY) opened at 112.92 on Wednesday. September 21 investment analysts at Leerink Swann kept the company rating at "Outperform" but raised the price expectation from $50.00 to $123.00. During the same period in the previous year, the business posted ($1.05) EPS.

Brokers Set Expectations for Westlake Chemical Corporation's Q3 2017 Earnings (WLK)

September 23, 2017

WLK has been the subject of several research reports. Finally, Private Advisor Group LLC acquired a new stake in Westlake Chemical Corporation in the first quarter valued at approximately $215,000. The P/E ratio is now 23.20 and market capitalization is 10.48B. Company shares last traded at $81.17 marginally over the 50 day moving average of $73.94 and significantly above the 200 day moving average of $67.25.

Boston Scientific Corp (NYSE:BSX) Institutional Investors Sentiment

September 23, 2017

BSX's profit will be $425.36M for 23.08 P/E if the $0.31 EPS becomes a reality. About 10,004 shares traded. Boston Scientific Corporation (NYSE:BSX) has risen 19.12% since September 22, 2016 and is uptrending. Investors sentiment increased to 1.03 in 2017 Q2. Its up 0.14, from 0.89 in 2017Q1. Sold All: 41 Reduced: 173 Increased: 165 New Position: 56. The rating was initiated by UBS with "Buy" on Tuesday, September 22.

STAR GAS PARTNERS, LP (NYSE:SGU) Files An 8-K Other Events

September 23, 2017

It is down 10.32% since September 20, 2016 and is uptrending. It has outperformed by 15.16% the S&P500. The value of the investment in Western Gas Equity Partners, LP decreased from $793,000 to $787,000 decreasing 0.8% since the last quarter.

Lawmakers to grill Equifax, Wells CEOs in busy week of hearings

September 23, 2017

The Senate Banking Committee announced Thursday that it would hold a hearing October 3 on Wells Fargo's phony-accounts scandal, which was first revealed by regulators a year ago. The Federal Reserve, Justice Department and several state agencies are investigating Wells Fargo, and the Consumer Financial Protection Bureau fined the bank more than $180 million in 2016, its biggest penalty yet issued.

Exelon Corporation (NYSE:EXC) EVP Sells $510787.23 in Stock

September 23, 2017

Mcf Advsr Limited Liability Company owns 298 shares. About 13,789 shares traded. ILLEGAL ACTIVITY NOTICE: "Insider Selling: Exelon Corporation (NYSE: EXC ) EVP Sells $510,787.23 in Stock" was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune.

Cowen and Company Lowers Versartis, Inc. (VSAR) to Market Perform

September 23, 2017

Versartis, Inc . had its "outperform" rating reiterated by analysts at Cowen. Piper Jaffray has downgraded Versartis (NASDAQ: VSAR ) from Overweight to Neutral in a report released on Friday September 22, 2017. Versartis had $143 million in cash and equivalents as of June 30, a sum the company estimates will be enough to sustain operations for at least 12 months.

Synchrony Financial (SYF) EPS Estimated At $0.66

September 23, 2017

About 200 shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since September 22, 2016 and is uptrending. It has underperformed by 10.78% the S&P500. Since May 9, 2017, it had 0 insider purchases, and 3 insider sales for $264,403 activity. Gruss Capital Management Lp decreased Spdr Gold Trust (Call) (GLD) stake by 360,000 shares to 2.38 million valued at $280.89M in 2017Q2.

Dominion Energy Midstream Partn (NYSE:DM) Signals Intraday Volatility - Up by 5.57%

September 23, 2017

Among 8 analysts covering Independent Bank ( NASDAQ:INDB ), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. BlackRock had 66 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Dominion Energy Midstream Partners LP (NYSE:DM) earned "Outperform" rating by RBC Capital Markets on Tuesday, November 3. The company's consensus rating on Reuter's scale remained unchanged from 2.5 to 2.5 during a month.

22nd Century (XXII): What are the Technicals Saying?

September 23, 2017

Generally, the higher the risk of an investment, the higher the potential return. Stocks whose market prices drop the most during the trading day are bluntly referred to as losers . The Williams %R was developed by Larry Williams. The stock's beta is 0.90 whilst the stock has an average true range (ATR) of 2.44. In general, and ADX value from 0-25 would represent an absent or weak trend.

The dollar is hovering in suspense ahead of the Fed

September 23, 2017

On Wednesday, the loonie hit a 2-week low at C$1.2390 after the Federal Reserve signaled that it expected to raise interest rates once more by year-end. While Bain had brought SK Hynix in on the deal, Toshiba did not mention the South Korean chip maker in its announcement, Reuters reported. Toshiba sank after saying it would sell its memory chip business for around $18 billion, with its United States partner Western Digital vowing to block the deal, which is seen as crucial to ...

Shares now up at $256.04 (BA) Boeing, Turkish Industry Establish…

September 23, 2017

Over the last 90 days, insiders sold 83,468 shares of company stock worth $20,353,814. The institutional investor held 22,079 shares of the aerospace company at the end of 2017Q2, valued at $4.37 million, down from 32,082 at the end of the previous reported quarter.

Triumph Group Inc (TGI) Shares Moving On Volume

September 23, 2017

These goals can differ depending on the person and situation. This may work fine for some, but not as well for others. Investors may also be looking to compare the current stock price of Nuveen Floating Rate Income Opportunity Fund (JRO) to some of its moving averages.

Supernus Pharmaceuticals, Inc. (SUPN) Shares Bought by Prudential Financial Inc

September 23, 2017

The company has market cap of $1.07 billion. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels. The rating was downgraded by Citigroup to "Neutral" on Wednesday, February 15. The stock is now showing YTD performance of 45.54 Percent. On Tuesday, August 9 the stock rating was initiated by Seaport Global with "Buy".

Teck Resources Ltd (NYSE:TECK) Downgraded by ValuEngine to Buy

September 23, 2017

Investors may be trying to identify volume trends over time. The company has its outstanding shares of 5.00B. However, these more frequent signals may also result in more "whipsaws", resulting in erroneous trade signals. The stock price is showing encouraging image with current supportive move of 2.10% at trading price of $21.86. On Wednesday, July 20 the stock rating was maintained by FBR Capital with "Mkt Perform".

Short Interest in AG Mortgage Investment Trust, Inc. (MITT) Expands By 54.7%

September 23, 2017

The Company's investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-agency residential mortgage-backed securities (RMBS), multi-family commercial mortgage-backed securities, preferred equity and joint venture equity investments in, and mezzanine loans to, owners of multi-family properties, equity and debt securities issued by entities that invest in residential and commercial real estate and agency RMBS.

Vanguard Small-Cap ETF (VB) Rises 0.34% for Sep 22

September 23, 2017

Traders may use these levels to help identify stock price reversals. Aroon Up will be 100 when the instrument is setting new highs for the period. Calian Group Ltd (CGY.TO)'s Williams %R presently stands at 0.00. After a recent check, Duke Royalty Ltd's 14-day RSI is now at 17.65, the 7-day stands at 8.14, and the 3-day is sitting at 0.45. The RSI, or Relative Strength Index is another popular oscillating indicator among traders and investors.

Hartford Financial Services Gro (NYSE:HIG) Trading Down - Shorts Down -11.43%

September 23, 2017

Hedge funds and other institutional investors own 89.59% of the company's stock. Zacks Investment Research cut shares of Hartford Financial Services Group, Inc . (The) in a research note on Monday, September 11th. The stock has "Buy" rating by Mizuho on Thursday, August 11. Previously on 6/06/2017, Deutsche Bank reported about Hartford Financial Services Group Inc (NYSE:HIG) raised the target price from $0.00 to $60.00.

Unexpected Gainer with critical Performance Analyses: Beacon Roofing Supply, Inc. (NASDAQ:BECN)

September 23, 2017

In an overview of the current analyst recommendations, Buy count is 11 and Overweight is 2 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. Several hedge funds have recently added to or reduced their stakes in the stock. Brant Point Investment Management LLC owned approximately 0.12% of Beacon Roofing Supply worth $3,518,000 as of its most recent filing with the Securities & Exchange Commission.

Do Analysts Think You Should Buy CommScope Holding Company, Inc

September 23, 2017

About 7,502 shares traded. BlackRock Inc. raised its stake in shares of CommScope Holding by 13,901.6% in the first quarter. It has underperformed by 4.76% the S&P500. Therefore 67% are positive. CommScope Holding comprises about 2.9% of MD Sass Investors Services Inc.'s holdings, making the stock its 17th largest position.

Tesla to Discontinue Production of Cheaper Model S

September 23, 2017

It also happens to be the only rear-wheel drive version of that auto now on the market. "Model 3 is a smaller, simpler, more affordable electric vehicle", Tesla explains on the Model 3 page . Tesla's Model S 75 costs about $70,000, making it the least expensive Model S now sold. This isn't the first time Tesla has discontinued one of its cars.

Laurion Capital Management LP Buys Shares of 54035 HollyFrontier Corporation (HFC)

September 23, 2017

The company is expected to announce its next earnings results on Thursday, November 2nd. The firm had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.24 billion. The ex-dividend date is Monday, August 21st. This represents a $1.32 annualized dividend and a yield of 3.92%. HollyFrontier Corporation's payout ratio is presently 167.09%.

Deadline to file transitional credit under GST extended to Oct 31

September 23, 2017

The ministry also said it has chose to refund Rs 600 crore in taxes to exporters in the next few days. The finance ministry in a statement said this figure of transition credit claimed is also "not incredibly high" since Rs. They know these claims are not eligible, but still they try". This facility is available only up to 6 months from the date of GST rollout. The tax department had collected Rs 95,000 crore GST in July, of which businesses had sought a return of Rs 65,000 crore.

Dozens dead after 7.1 magnitude quake strikes Mexico

September 23, 2017

It came less than two weeks after the country's southern region suffered another quake that killed at least 90 people. Rescuers are searching frantically in the rubble of fallen buildings after Mexico's second huge natural disaster in two weeks killed more than 130 people.

How Many Koninklijke Philips NV (ADR) (NYSE:PHG)'s Analysts Are Bullish?

September 23, 2017

Several equities research analysts recently commented on PHG shares. Koninklijke Philips N.V. had 13 analyst reports since July 28, 2015 according to SRatingsIntel. (NYSE: PHG ) last released its quarterly earnings results on Monday, July 24th. The hedge fund run by Ken Griffin held 15,500 shares of the consumer electronics and appliances company at the end of 2017Q2, valued at $555,000, down from 30,300 at the end of the previous reported quarter.

Health Insurance Innovations, Inc. (HIIQ) Under Analyst Spotlight

September 23, 2017

Several research analysts recently issued reports on HIIQ shares. UBS AG upgraded Health Insurance Innovations to an outperform rating in a report on Thursday, May 4th. giving the company a "buy" rating. Following the transaction, the chief executive officer now directly owns 104,001 shares of the company's stock, valued at $2,774,746.68.

Liberty Media Corp (QVCA) Relative Index Reading Trending Higher

September 23, 2017

Stock portfolio diversification entails spreading the investment dollars around to help minimize risk. Investors that need a certain amount of money in a shorter amount of time may be looking to develop a stock market strategy with a bit less risk involved.

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