Economy / 653

Axis Bank to raise Rs 11626 cr from investors including LIC

November 11, 2017

The bank said it will soon call an extraordinary general meeting to seek shareholder approval. India's Axis Bank Ltd (AXBK.NS) is to raise 116.26 billion rupees ($1.8 billion) to further strengthen its capital base by selling shares and warrants to a group of investors including Bain Capital and top Indian insurer Life Insurance Corp (LIC).

Stock'S Earning Overview Verizon Communications Inc. (VZ)

November 11, 2017

Leisure Capital Management accumulated 4,973 shares or 0.2% of the stock. The stock decreased 2.26% or $1.98 during the last trading session, reaching $85.61. While looking at the Stock's Performance, Verizon Communications Inc. now shows a Weekly Performance of -5.04%, where Monthly Performance is -7.76%, Quarterly performance is -6.22%, 6 Months performance is -1.68% and yearly performance percentage is -5.83%.

The Steel Dynamics Inc. (STLD) Upgrade by The Zacks Investment Research

November 11, 2017

As per Wednesday, September 16, the company rating was maintained by Jefferies. Schnitzer Steel Industries, Inc .'s dividend has Nov 13, 2017 as record date. Harber Asset Management Llc acquired 3,462 shares as American Tower Corp New (AMT)'s stock rose 18.69%. Sei Investments Co. boosted its holdings in shares of Schnitzer Steel Industries by 325.7% in the third quarter.

Hot Stocks For Today: Applied Optoelectronics, Inc. (AAOI), Sunrun Inc. (RUN)

November 11, 2017

Craig Hallum reiterated a "buy" rating and set a $95.00 target price (up previously from $85.00) on shares of Applied Optoelectronics in a research report on Friday, July 14th. If you are reading this article on another website, it was stolen and reposted in violation of United States & global copyright legislation. In other Applied Optoelectronics news, Director Richard B.

Market Scope: SuperTrend Below Price for Honeywell International Incorporated (HON.L)

November 11, 2017

Honeywell Intl Inc Com now has $111.36B valuation. About 166,750 shares traded. (NYSE:HON) by 3.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The stock of Honeywell International Inc. Honeywell International Inc is a technology and manufacturing company. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold.

Investor's Alert (RSI Analysis) - Hanesbrands Inc. (NYSE: HBI)

November 11, 2017

The Company has a Return on Assets of 7.20%. Red Hat Inc (NYSE:RHT) has risen 18.97% since November 9, 2016 and is uptrending. It has underperformed by 5.82% the S&P500. Analysts forecast that Dick's Sporting Goods will post $3.10 EPS for the current year. Bbva Compass Commercial Bank holds 5,052 shares or 0.01% of its portfolio.

Fidelity National Information Services, Inc. (FIS) Updates FY17 Earnings Guidance

November 11, 2017

About 32,065 shares traded or 32.88% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since November 9, 2016 and is downtrending. It has underperformed by 2.12% the S&P500. On a similar note, analysts expect EPS of $0.09 in December 2017 quarter and $0.05 in March 2018 quarter, representing -50% and -183.33% growth, respectively.

Street Analysts View On Impax Laboratories, Inc. (IPXL), Builders FirstSource, Inc. (BLDR)

November 11, 2017

Ontario - Canada-based State Bank Of Montreal Can has invested 0% in Impax Laboratories Inc (NASDAQ: IPXL ). New York State Teachers Retirement Systems holds 104,160 shares or 0% of its portfolio. Currently, the analyst consensus on Onconova Therapeutics is Moderate Buy and the average price target is $6, representing a 214.1% upside. Shares of Impax Laboratories, Inc .

Stifel Nicolaus Analysts Give Whiting Petroleum Corporation (WLL) a $40.00 Price Target

November 11, 2017

Their average price target spell out an upbeat performance - a -73% and would give WLL a market capitalization of almost $2.78B. The original version of this story can be accessed at 2016/12/21/whiting-petroleum-corp-wll-now-covered-by-analysts-at-r-f-lafferty.html.

Canadian Solar Inc. (CSIQ) Analysts See $0.39 EPS

November 11, 2017

It has a market cap of $958.36 Million. (NASDAQ:CSIQ) to report on November, 20. its quarterly earnings Wall Street analysts expect $0.39 earnings per share, up $0.10 or 34.48 % from last year's $0.29 same quarter earnings. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar . The business's quarterly revenue was down 22.7% compared to the same quarter a year ago.

Is Analog Devices, Inc. (NASDAQ:ADI) a Sensible Stock at Current Levels?

November 11, 2017

Analog Devices, Inc . designs, makes and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems.

The Rite Aid Corp. (RAD) Sees Significant Decrease in Short Interest

November 11, 2017

The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference. Its minimum price target estimates has been figured out at $2 while the maximum price target forecast is established at $2.75.

IAMGOLD Corp (IMG) Insider Jeffery Alexander Snow Sells 2500 Shares

November 11, 2017

Iamgold Corporation had a net margin of 48.66% and a return on equity of 1.81%. IAMGOLD Corporation is maintained at an average hold rating by 17 stock analysts, and there are at least 0.76% of shares outstanding that are now legally short sold.

Research Brokerage Consensus Buys: RingCentral, Inc. (NYSE:RNG), WidePoint Corporation (:WYY)

November 11, 2017

RingCentral Inc . has a 52 week low of $13.88 and a 52 week high of $25.67. The company presently has a consensus rating of "Buy" and an average target price of $25.75. Another trade for 10,000 shares valued at $360,700 was sold by Shah Praful. Let's take an assessment at how RingCentral , Inc. Creative Planning holds 0% in RingCentral Inc (NYSE:RNG) or 200 shares.

Matthew Iocco Sells 2106 Shares, Reducing Stake In Vornado Realty Trust (VNO)

November 11, 2017

If the published price targets set by Vornado Realty Trust analysts have any power to influence the stock's share price, the highest price target set for VNO is $92. Zacks Investment Research raised Vornado Realty Trust from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 13th.

Trump Signs 43 Billion Dollar LNG Deal with China

November 11, 2017

As part of the cooperation, a gas treatment plant, a liquefication plant and an 800 mile pipeline will be built to produce and transport an estimated 20 million tons of LNG every year to be exported to China. The agreement will involve an investment of up to US$43 billion, creating up to 12 000 United States jobs during construction, reducing the trade deficit between the USA and Asia by US$10 billion a year, and give China clean energy.

Trump and Putin chat at Asia-Pacific summit

November 11, 2017

Trade ministers blindsided by Canada's sudden and unexplained opposition to the Trans-Pacific Partnership have begun talks to try and salvage the 11-nation deal. Donald Trump says the USA is ready to make a bilateral deal with any country in the India-Pacific region, but only on the basis of "mutual respect and mutual benefit".

Convergence Investment Partners LLC Raises Stake in Altria Group (NYSE:MO)

November 11, 2017

It has underperformed by 4.78% the S&P500. Madison Investment Holdings Inc bought 39,930 shares as the company's stock rose 3.83% with the market. Rhumbline Advisers now owns 2,870,318 shares of the company's stock worth $213,753,000 after buying an additional 17,006 shares in the last quarter.

Analysts Set Air Products and Chemicals, Inc. (APD) PT at $162.33

November 11, 2017

Air Prods & Chems Inc now has $35.02B valuation. Jana Partners Llc bought 20.46M shares as the company's stock rose 16.43% with the market. About 319,435 shares traded. (NYSE:APD) for 3,812 shares. Cadence Cap Management Ltd Liability holds 0.27% or 27,683 shares in its portfolio. Finemark Bank & reported 4,432 shares or 0.05% of all its holdings.

Trump admin. reports 600K Obamacare signups in first four days

November 11, 2017

CMS reported about 137,000 new customers in the first four days, compared to 246,000 over the first two weeks previous year. The Trump administration releases enrollment figures on a weekly basis, but its first report captured only four days because open enrollment started on a Wednesday.

Massachusetts State Police head retires amid criticism of altered report

November 11, 2017

McKeon has been with the department for 35 years, and has been in his current position for just over two years. Judge Bibaud has said he did not ask for changes in his daughter's arrest report, and has said he believes she needs help with her addiction.

Seaport Global Securities Comments on Cimarex Energy Co's Q3 2017 Earnings (XEC)

November 11, 2017

Cimarex Energy Co is an independent oil and gas exploration and production company. About 305,967 shares traded. Cimarex Energy (NYSE:XEC) last posted its quarterly earnings results on Tuesday, November 7th. Gabelli Funds Ltd Co reported 0.01% stake. South Dakota Inv Council owns 0.24% invested in Cimarex Energy Co (NYSE:XEC) for 121,680 shares. Eaton Vance owns 13,987 shares.

GST council meet in Guwahati

November 11, 2017

The 5% tax slab would be applicable for both AC and Non-AC restaurants. Restaurants in starred hotels and outdoor catering services will attract a GST of 18 percent along with ITC benefits. Now, businesses will have to file simplified Initial GSTR-3B returns till March. Also, the council has substantially lowered late return filing fees for businesses from Rs 200 at present.

Shedding Light On Growth Forecasts For Cheniere Energy Partners, LP (:CQP)

November 11, 2017

BMO Capital Markets started coverage on shares of Cheniere Energy in a research note on Monday, September 25th. The stock of MINDBODY Inc (NASDAQ:MB) earned "Buy" rating by Northland Capital on Monday, July 24. (NYSEAMERICAN:LNG). Federated Invsts Pa reported 21,349 shares. 25,988 are owned by Advsrs Asset. It also upped Wisdomtree Tr Us Smallcp Erngs (EES) stake by 11,217 shares and now owns 516,450 shares.

Forex - Dollar Drifts Lower on Fears of Delay To Corporate Tax Cut

November 11, 2017

The University of Michigan's consumer sentiment index, showed in the economy cooled, as the index showed a preliminary reading for November of 97.8, missing expectations for reading of 100.7. The delay in the USA tax bill prompted Morgan Stanley strategists to reiterate their bearish United States dollar call as the delay will "keep U.S.

Cong FMs will force changes in GST:Chidambaram

November 11, 2017

Ahead of the GST Council meeting, Punjab, Karnataka and Puducherry, where the Congress is in power, had jointly voiced their reservations over glitches with the GST tax-filing network, demanding that real estate and petroleum products be brought under the new regime and the tax rate be kept at no more than 18%.

Worth Watching Stock Otonomy, Inc. (OTIC)

November 11, 2017

Considering that the stock daily volume of 27.97 million shares, this represents a pretty noteworthy trading in volume size. Analysts often look at short interest, or the number of shares now being shorted by investors, to aid in their outlook for a particular stock .

Anadarko Petroleum Corporation (NYSE:APC) Shares Sold by BB&T Corp

November 11, 2017

BlackRock Inc. now owns 42,300,274 shares of the oil and gas development company's stock valued at $2,622,619,000 after acquiring an additional 40,958,268 shares during the last quarter. Stockholders of record on Wednesday, December 14th will be paid a dividend of $0.05 per share. Nomura Incorporated stated it has 360,614 shares or 0.04% of all its holdings.

CVS Health Corporation (CVS) Expected to Announce Quarterly Sales of $47.72 Billion

November 11, 2017

SRS Capital Advisors Inc. raised its position in shares of CVS Health Corporation by 48.2% during the 1st quarter. FMR LLC now owns 30,150,634 shares of the pharmacy operator's stock valued at $2,425,920,000 after buying an additional 5,446,930 shares during the period.

Why Frontier Communications Corp Stock is Falling (Again) Today

November 11, 2017

Shares of Frontier Communications Corporation (NASDAQ: FTR ) traded down $1.19 during trading hours on Wednesday, hitting $6.77. The utilities provider reported ($0.94) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.95) by $0.01.

Mohawk Industries' (NYSE:MHK) Outperform Rating Reaffirmed at Royal Bank Of Canada

November 11, 2017

It has outperformed by 3.62% the S&P500. The hedge fund held 53,200 shares of the consumer durables company at the end of 2017Q2, valued at $12.86M, up from 42,500 at the end of the previous reported quarter. 554.73 million shares or 1.32% less from 562.14 million shares in 2017Q1 were reported. Norinchukin Bankshares The invested in 4,383 shares. Barclays Public Ltd Co has invested 0.16% in Citigroup Inc (NYSE:C).

Sempra Energy (NYSE:SRE) Research Coverage Started at Bank of America Corporation

November 11, 2017

With a change of 0.29% the price for SRE is $121.38. Moreover, Olstein Capital Management L.P. has 1.95% invested in the company for 267,950 shares. California State Teachers Retirement Sys invested in 0.12% or 490,141 shares. Asset Mgmt holds 0.01% or 7,365 shares in its portfolio. Intll Sarl holds 0.42% or 42,975 shares.

Recent Trading Updates: Oracle Corporation (ORCL)

November 11, 2017

Nine Chapters Capital Management Llc who had been investing in Oracle Corporation for a number of months, seems to be less bullish one the $205.38 billion market cap company. 1St Advsrs Incorporated reported 0.1% in Oracle Corporation (NYSE:ORCL). Toth Fin Advisory holds 142,206 shares. Conestoga Cap Ltd Liability has invested 2.01% in Sothebys (NYSE:BID).

What's Happening To These Stocks? - Neovasc Inc. (NVCN), Dextera Surgical Inc. (DXTR)

November 11, 2017

Neovasc Inc. has a consensus outperform rating from 3 Wall Street analysts, and the number of shares now sold short amount to at least 3.46% of shares outstanding. The average analysts gave this company a mean recommendation of 1.70. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Molson Coors Brewing (NYSE:TAP) Earning Somewhat Favorable Media Coverage, Analysis Shows

November 11, 2017

It has underperformed by 20.15% the S&P500. Ls Invest Advisors Ltd accumulated 8,758 shares. The stock decreased 1.19% or $5.6 during the last trading session, reaching $466.6. Howe & Rusling Inc decreased Molson Coors Brewing Co ( TAP ) stake by 99.57% reported in 2017Q2 SEC filing. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

Volkswagen Beetle Successor Would Be Electric, Possibly RWD

November 11, 2017

According to Autocar , Volkswagen is considering an electric-powered successor to the current Beetle. While nothing is yet to be set in stone for the next Beetle, Diess says that the electric MEB platform is extremely flexible, suiting the needs for any potential "emotional concepts" well.

State Street Corp Decreases Position in Puma Biotechnology Inc (PBYI)

November 11, 2017

It has underperformed by 3.46% the S&P500. Krishen Sud decreased its stake in Puma Biotechnology Inc Common Stock ( PBYI ) by 33.33% based on its latest 2017Q2 regulatory filing with the SEC. Tiaa Cref Investment Lc has invested 0.01% in Puma Biotechnology Inc (NASDAQ: PBYI ). Three analysts surveyed by Zacks expected $3.4 million. However, if the CLF shares go below $5.89 then it would indicate a much weaker market for the company.

TSX hold steady as energy offsets financials

November 11, 2017

The TSX's nine consecutive weeks of gains, a feat not seen since 1996 when it rose for 13 straight weeks, was fueled in large part by energy stocks that profited from a almost 25 percent rise in US crude oil prices. Tourmaline Oil Corp jumped 7.8 percent to C$26.83 after reporting third-quarter results. Given the solid global and domestic economic growth, Picardo said, investors are likely looking forward to bank earnings at the end of the month.

KeyCorp Analysts Increase Earnings Estimates for Microsoft Corporation (NASDAQ:MSFT)

November 11, 2017

The stock declined 0.13% or $0.11 reaching $83.76 on the news. 19,395,064 shares of the company traded hands, compared to its average volume of 22,495,916. The rating was maintained by Citigroup on Friday, July 21 with "Sell". The stock of Microsoft Corporation (NASDAQ:MSFT) has "Buy" rating given on Monday, August 29 by UBS.

Q4 2017 EPS Estimates for Baker Hughes, a GE company Class A Decreased by Jefferies Group (BHGE)

November 11, 2017

Security National Trust has invested 0.01% in Baker Hughes A GE Co (NYSE:BHI). The Stonebridge Capital Advisors Llc holds 125,536 shares with $18.08M value, down from 133,941 last quarter. Dekabank Deutsche Girozentrale invested 0.03% in Baker Hughes A GE Co (NYSE:BHI). BHI has been the topic of several recent research reports. More interesting news about Baker Hughes A GE Co (NYSE:BHI) were released by: Forbes.com and their article: "Some Bullish On Baker Hughes Despite Mixed Quarter, ...

ON Semiconductor Corporation (:ON) Short Interest Update

November 11, 2017

Other hedge funds have also modified their holdings of the company. Oppenheimer Asset Management Inc. acquired a new stake in shares of ON Semiconductor Corporation in the 1st quarter valued at $110,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . Also, CFO Bernard Gutmann sold 20,000 shares of the stock in a transaction that occurred on Monday, October 16th.

Vanguard Total Bond Market ETF (BND) Declines 0.29% for Nov 10

November 11, 2017

Stocks have been performing well of late, and investors may be eager to catch the next potential move higher. Total Bond Market ETF Vanguard (BND) has a 14-day ATR of 0.16. After a recent check, the 14-day RSIfor Total Bond Market ETF Vanguard (BND) is now at 37.98, the 7-day stands at 29.95, and the 3-day is sitting at 10.80.

Will Houghton Mifflin Harcourt Co (HMHC) Short Squeeze Soon?

November 11, 2017

It has underperformed by 42.67% the S&P500. Public Employees Retirement System of OH now owns 8,628 shares of the business services provider's stock valued at $106,000 after buying an additional 1,729 shares during the period. ( NYSE:C ), 18 have Buy rating, 3 Sell and 16 Hold. Stifel Nicolaus maintained Houghton Mifflin Harcourt Co (NASDAQ:HMHC) on Monday, July 10 with "Hold" rating.

Today's Brokerage Rating: Hormel Foods Corporation (HRL), Novavax, Inc. (NVAX)

November 11, 2017

It has underperformed by 18.23% the S&P500. Company has a sales growth for the last five (5) years is valued at 3.80%. With 14,700 avg volume, 6 days are for Image Sensing Systems Incorporated (NASDAQ:ISNS)'s short sellers to cover ISNS's short positions.

Noble Energy To Divest Non-Core DJ Basin Acreage For $608 Mln

November 11, 2017

Other large investors have also recently modified their holdings of the company. Robert Polak increased its stake in Noble Energy Inc ( NBL ) by 33.34% based on its latest 2017Q2 regulatory filing with the SEC. Noble Energy Inc . has a 12 month low of $22.99 and a 12 month high of $42.03. ( NBL ) moved 0.07% in the recent trading day. The company's stock had a trading volume of 5,166,614 shares, compared to its average volume of 4,660,534.

Baidu, Inc. (NASDAQ:BIDU) Stock Rating Upgraded by Vetr Inc

November 11, 2017

Principal Financial Group Inc. now owns 1,346 shares of the information services provider's stock worth $232,000 after acquiring an additional 6 shares in the last quarter. On Friday, December 4 the stock rating was maintained by Oppenheimer with "Outperform". Guggenheim initiated International Business Machines Corp. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company.

Stocks that can influence your investment: Mitsubishi UFJ Financial Group, Inc. (MTU)

November 11, 2017

Based on a recent bid, its distance from 20 days simple moving average is -1.03%, and its distance from 50 days simple moving average is 2.38% while it has a distance of 2.31% from the 200 days simple moving average. Mitsubishi UFJ Financial Group Inc ( NYSE:MTU ) opened at $6.60 on Friday. (NYSE: MTU ) has a 20-Day average volume of 1.87 Million. According to 1 analysts Mitsubishi Ufj Financial Group Inc (NYSE: MTU)'s price will reach at $8.12 during 52 weeks.

Kyle P. Legg Sells 3300 Shares of SunTrust Banks, Inc. (STI) Stock

November 11, 2017

SunTrust Banks, Inc . (NYSE: STI ) reported its EPS in the last quarter as $1.06/Share beating the analyst estimate of $1.05/Share by a difference of $0.01. Therefore 75% are positive. SunTrust Banks had a net margin of 20.88% and a return on equity of 8.83%. Zacks Investment Research raised SunTrust Banks from a "hold" rating to a "buy" rating and set a $64.00 price objective on the stock in a report on Friday, September 22nd.

The Enbridge Inc (ENB) Receives Consensus Rating of "Buy" from Brokerages

November 11, 2017

Barclays Public Limited Com stated it has 0.02% of its portfolio in Enbridge Energy Partners, L.P. (NYSE: EEP ). The company has market cap of $1.31 billion. (EEP) lately? Scotiabank restated an "outperform" rating and set a C$61.00 price target on shares of Enbridge in a research note on Friday, November 4th.

Equity Research Analyst's Stock Ratings: Esterline Technologies Corporation (ESL), Navient Corporation (NAVI)

November 11, 2017

The legal version of this report can be accessed at https://stocknewstimes.com/2017/11/09/insider-selling-esterline-technologies-corporation-esl-major-shareholder-sells-16569759-96-in-stock.html. For the year, the company reported profit of $117.4 million, or $3.91 per share. Liberty Interactive Corp (NASDAQ:QVCA) has declined 6.46% since November 9, 2016 and is downtrending.