Economy / 516

Rite Aid Corp (RAD): Stock to Follow

January 10, 2018

The number of shares that were traded during the day was 0.35 million, which corresponds to its 3-month volume average of 0.11 million shares a day. Fort Point Capital Partners Llc decreased its stake in Nxp Semiconductors N V (NXPI) by 71.63% based on its latest 2017Q3 regulatory filing with the SEC.

Williams Cos Inc/The (WMB) Holding Raised by Partners Group Holding Ag

January 10, 2018

Williams Companies, Inc. has P/S value of 3.36 while its P/B value stands at 3.31. It has outperformed by 23.50% the S&P500. The company has market cap of $451.26 million. Howard Weil downgraded the shares of WMB in report on Tuesday, September 29 to "Sector Perform" rating. 272,088 shares were sold by CHAPPEL DONALD R, worth $8.25M on Tuesday, September 26.

Reports say China may slow US Treasury purchases, trade tensions cited

January 10, 2018

Treasuries, according to people familiar with the matter. It isn't clear whether the recommendations of the officials have been adopted. Hitting the US bond market overnight was a Bloomberg story about Beijing reviewing its policy of buying USA government paper.

Berkshire adds 2 top executives as directors, fueling speculation about Buffett's successor

January 10, 2018

Gregory Abel and Ajit Jain can now probably be thought of as the official likely successor (s) to Warren Buffett , after Berkshire Hathaway ( BRK.A , BRK.B ) adds them to the board. Jain is being appointed vice chairman of insurance operations. While Berkshire remains best known for insurance and reinsurance, that sector now generates only about one-fourth of operating results as the company has diversified.

Carphone Warehouse fined GBP 400000 by ICO for data breach

January 10, 2018

The fine, one of the largest ever issued by the ICO and the same amount as the fine given to TalkTalk in 2016, came after a hacker managed to access the personal data of more than three million customers and 1,000 employees, including credit card details, names, addresses and phone numbers.

USA 10-year yields climbs further as bond market signal gets stronger

January 10, 2018

The breakout is surely under way at this point, and the next level to look at will be the 2017 high at the 2.627% level. Last year Gross said if ten-year yields were persistently above 2.4% this would signal a bear market , but added in an interview last week that in such an environment investors would be unlikely to lose a lot of money.

Apple ordered to pay £136 million tax bill following 'extensive' United Kingdom audit

January 10, 2018

A spokesperson for Apple pointed out that the company is regularly audited by tax authorities around the world and "pays all that we owe according to tax laws and local customs in the countries where we operate". "As a result of this adjustment the company's corporate income tax payments will increase going forward", the company added. "Last year alone, HMRC secured and protected over £8 billion in additional tax revenue from the largest and most complex businesses".

British manufacturing records strongest output since 2008

January 10, 2018

Industrial production has now increased for eight months in a row, the first time this has been achieved since 1994, according to Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics. Imports were up a mere 2.6 percent by comparison. The longest run of monthly expansion since 1997 means manufacturing output is now at levels close to the pre-financial crisis peak seen in February 2008 and is set to provide a fillip for the wider economy in the face of more hard consumer ...

Daily Mail banned on Virgin Trains cites LGBTQ rights, immigration and unemployment

January 10, 2018

Virgin trains operates the West Coast mainline with trains from London to Manchester, Liverpool, Birmingham and Scotland. Virgin's memo went on to deem the newspaper "not at all compatible" with Mr. Stop Funding Hate, encourage people to write to brands and ask them to discontinue associations with the Daily Mail. He added: "It is equally rich that Virgin chose to launch this attack on free speech in the Aslef trade union journal".

Investors ditch spread-betters after FCA warning

January 10, 2018

There are "areas of serious concern" in Britain's contracts for differences (CFDs) market, the country's financial watchdog said on Wednesday following a review. Some firms were unable to offer any evidence of MI or KPIs, according to the regulator. Numis analyst James Hamilton said that while the FCA's letter could prove "very damaging" to many in the CFD sector, IG was likely to emerge unscathed.

Government helped make UK's biggest rail franchise the 'worst', major report finds

January 10, 2018

The National Audit Office has concluded that high levels of disruption for passengers mean that, to date, the Thameslink, Southern and Great Northern rail franchise has "not delivered value for money". "We expect service improvements to continue as the Thameslink programme is completed". "Some of the problems could have been avoided if the Department had taken more care to consider passengers in its design of the franchise".

Why Tesla Model 3 Deliveries Missed the Mark

January 10, 2018

Analysts had expected 4,100 Model 3 sedans to be delivered in the fourth quarter, according to financial data and analytics firm FactSet. This is the second time Tesla has punted on its 5,000-per-week milestone. "The company has now said it is focused on quality versus volume, which is the right focus". We're very grateful to everyone at Tesla who has poured their heart and soul into helping with the Model 3 ramp and creating the progress we are seeing.

Theresa May extends the 5p plastic bag charge to all shops

January 10, 2018

The Prime Minister said she wanted her Government to take a stand against the "profligate" use of natural resources as she briefed her Cabinet about the plan. The charge applies to every new plastic bag used at large stores in England - but only shops or chains with 250 or more full-time employees. Government sources have confirmed that it will consult on the extension 5p charge on single-use carrier bags, which has seen nearly a 90% fall in usage since its launch in 2015.

Disney World monorail travels with door open, guests inside

January 10, 2018

However, as the monorail rounded a curve outside the TTC, the door popped open. The monorail moves from 15 to 40 mph and covers a 14-miles span around the resort, according to the 2007 book "The Complete Guide to Walt Disney World ". Once the train came to a stop at the next station, the passengers alerted Disney employees. A spokeswoman said there is a phone in all of the cabins that connect passengers to the train pilot, but would not go as far as saying the park recommends passengers ...

Strike set to cause disruption for train users in South Yorkshire

January 10, 2018

Picket lines will be mounted outside railway stations affected by the strike, and passengers face delays, cancellations and replacement buses in some parts of the country. 'It is frankly ludicrous that we have been able to negotiate long-term arrangements in Scotland and Wales that protect the guards and passenger safety but we are being denied the same opportunities with rail companies in England.

Mgm Resorts International (MGM) Holder Hoplite Capital Management LP Has Lowered Stake

January 10, 2018

It has outperformed by 13.73% the S&P500. MGM Resorts has $41.0 highest and $22 lowest target. The company has market cap of $3.27 billion. Harris Associate Lp reported 1.16% in MGM Resorts International (NYSE:MGM). Twin Tree Management Lp accumulated 0.03% or 112,989 shares. Commonwealth Of Pennsylvania School Empls Retrmt System invested 0.02% in MGM Resorts International (NYSE:MGM).

Operations at JFK Airport slowly return to normal

January 10, 2018

As to the water pipe that burst, it feeds a sprinkler system in the privately operated terminal. Departures were not impacted. It's not yet clear what caused the water main to break, but the wet bags and resulting flight delays - including a shutdown of global flights to Terminal 4 - were just the latest misfortune to strike JFK passengers over the past three days.

Salesforce.com, inc. (CRM) Stake Lessened by Atalanta Sosnoff Capital LLC

January 10, 2018

Fred Alger Management Inc who had been investing in Salesforce.Com Inc for a number of months, seems to be bullish on the $78.08 billion market cap company. Oppenheimer maintained it with "Outperform" rating and $95 target in Thursday, May 19 report. RBC Capital Markets maintained it with "Buy" rating and $110.0 target in Wednesday, November 8 report.

What Analysts Have to Say About Synergy Pharma Cmn (SGYP)?

January 10, 2018

Amalgamated Bank boosted its holdings in shares of Synergy Pharmaceuticals by 16.9% during the 2nd quarter. HC Wainwright set a $7.00 price target on Synergy Pharmaceuticals (NASDAQ:SGYP) in a report released on Monday. BTIG Research maintained the stock with "Buy" rating in Tuesday, August 1 report. As per Friday, January 20, the company rating was maintained by Rodman & Renshaw.

Nike Reveals What USA's Olympic Athletes Will Wear On Medal Stand

January 10, 2018

With that in mind, Nike designed a super-insulated jacket for both male and female Olympians. Both the men's and women's trousers have a DWR (durable water repellent) coating that will help athletes stay dry on the podium. In response, the United States Olympic Committee has created a Medal Stand Kit in conjunction with Nike to keep American athletes warm as they proudly watch the rise of the Stars and Stripes and hear the National Anthem played.

Nuance Communications, Inc. (NUAN) EPS Estimated At $0.14

January 10, 2018

The price to earnings ratio for Nuance Communications, Inc. It has underperformed by 45.87% the S&P500. Quantitative Systematic Strategies LLC acquired a new stake in shares of Nuance Communications during the second quarter valued at about $164,000.

Regal Entertainment Group (RGC)

January 10, 2018

After having $0.07 EPS previously, Regal Entertainment Group's analysts see 457.14% EPS growth. Ltd.'s holdings in Regal Entertainment Group were worth $1,153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

WealthTrust Axiom LLC Decreases Position in Johnson & Johnson (JNJ)

January 10, 2018

Interocean Capital Llc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $388.65 billion market cap company. The company was downgraded on Monday, August 31 by Vetr . Goldman Sachs downgraded the shares of JNJ in report on Wednesday, September 20 to "Sell" rating.

Hill-Rom Holdings, Inc. (HRC) EPS Estimated At $0.78

January 10, 2018

Bokf Na accumulated 24,755 shares or 0.05% of the stock. About 171,185 shares traded. (NYSE: HRC ) news were published by: Nasdaq.com which released: "Hill-Rom Holdings Inc (HRC) Ex-Dividend Date Scheduled for December 14, 2017" on December 13, 2017, also Streetinsider.com with their article: "Hill-Rom Holdings (HRC) Prelim".

United Contl Hldgs INC (UAL) Holding Held by Par Capital Management Inc

January 10, 2018

It has underperformed by 12.06% the S&P500. Athena Capital Advisors Llc sold 108,650 shares as the company's stock rose 2.30% with the market. The hedge fund run by Paul Reeder held 19.93 million shares of the transportation company at the end of 2017Q3, valued at $1.21B, up from 16.29 million at the end of the previous reported quarter.

Are Analysts Bearish Penn National Gaming, Inc. (NASDAQ:PENN) After Last Week?

January 10, 2018

Swiss Bancshares has invested 0% in Penn National Gaming, Inc. About 718,541 shares traded. SunTrust maintained Penn National Gaming, Inc. The average 12 month price target among brokers that have updated their coverage on the stock in the a year ago is $18.28.

Analysts See $1.32 EPS for Wynn Resorts, Limited (WYNN)

January 10, 2018

The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has "Neutral" rating given on Friday, January 27 by Instinet. It has outperformed by 48.54% the S&P500. After having $1.52 EPS previously, Wynn Resorts, Limited's analysts see -13.16 % EPS growth. Therefore 46% are positive. Analysts forecast that Wynn Resorts Ltd.

Xpo Logistics Incorporated (NYSE:XPO)'s Stock Is Sell After More Market Selling

January 10, 2018

U S Global Investors Inc who had been investing in Goodyear Tire & Rubr Co for a number of months, seems to be bullish on the $8.09 billion market cap company. 72 were reported by Cls Ltd Liability Corp. (NYSE:XPO) opened at 43.55 on Monday. Larry Foley increased its stake in Xpo Logistics Inc (XPO) by 46.88% based on its latest 2017Q3 regulatory filing with the SEC.

Analyst EPS Predictions Coverage: Boardwalk Pipeline Partners, LP (BWP)

January 10, 2018

Balyasny Asset Management LLC now owns 1,285,544 shares of the pipeline company's stock worth $23,153,000 after purchasing an additional 861,044 shares during the period. Cutter And Communications Brokerage has invested 0.19% in General Electric Company (NYSE:GE). Barclays Pcl stated it has 0% of its portfolio in Balchem Corporation (NASDAQ:BCPC).

Integral Derivatives LLC Holding In Nflx (Put) (NFLX) Was Has Lifted

January 10, 2018

The institutional investor held 176,800 shares of the consumer services company at the end of 2017Q3, valued at $32.06M, up from 114,300 at the end of the previous reported quarter. (NASDAQ:NFLX) news were published by: Investorplace.com which released: " Netflix, Inc ". Norinchukin Bancorp The holds 0.11% in Netflix, Inc . Maplelane Capital Ltd Llc holds 0.06% or 18,000 shares in its portfolio.

Crude oil shipments from Canada to U.S. to jump 60% in 2018

January 10, 2018

Energy Information Administration said Tuesday. Homes that use heating oil will spend an average of $215 or 17 percent more this year than last, and that's assuming a "normal" winter. The best grades of USA crude are now priced at almost $63 a barrel, high enough to convince shale oil producers to expand drilling and production. US oil prices rose $1.44 to $63.17 a barrel in NY on Tuesday, the highest level in three years, partly on expectations of further declines in the nation's oil ...

AstraZeneca plc (AZN) Short Interest Update

January 10, 2018

See The EstÃ©e Lauder Companies Inc. It has underperformed by 15.21% the S&P500. Thomas Steyer increased its stake in Astrazeneca Plc (AZN) by 453.04% based on its latest 2017Q3 regulatory filing with the SEC. Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on January, 18. During the same quarter in the prior year, the firm earned $1.03 EPS.

EPS for Las Vegas Sands Corp. (LVS) Expected At $0.75

January 10, 2018

The stock decreased 0.34% or $0.23 during the last trading session, reaching $67.92. About 2.73M shares traded or 25.14% up from the average. The lowest target is $44.0 while the high is $61.0. Millennium Management reported 0.14% in Las Vegas Sands Corp. (NYSE:LVS) for 32,372 shares. Wells Fargo And Com Mn holds 394,820 shares. Advisors Asset Management Inc, which manages about $16.50B and $5.97 billion US Long portfolio, upped its stake in Mattel Inc (NASDAQ:MAT) by 30,880 shares to ...

Chinese Uber rival Didi Chuxing launches bike-sharing service

January 10, 2018

Didi's proprietary bike rental platform will connect with ofo, Bluegogo and a number of other service providers. The company has issued a statement regarding its next move. Bluegogo riders can continue to use the service through Didi's application, and new riders as well as existing ones will have security deposits waived.

FNY Partners Fund LP Takes Position in Anheuser Busch Inbev NV (BUD)

January 10, 2018

It has a 28.24 P/E ratio. The firm provides commercial loans, commercial real estate loans, and agricultural loans to businesses; and consumer loans, student loans, credit card loans, and single-family residential real estate loans to individuals, as well as equipment and SBA lending.

Cerner (CERN) Earns Buy Rating from Robert W. Baird

January 10, 2018

The stock increased 2.20% or $1.52 during the last trading session, reaching $70.53. About 670,722 shares traded. It is down 33.47% since January 7, 2017 and is uptrending. The stock has "Market Perform" rating by Wells Fargo on Friday, December 18. As per Friday, June 2, the company rating was maintained by Canaccord Genuity.

Regions Financial Corporation (RF) EPS Estimated At $0.26

January 10, 2018

Below is a list of First American Financial Corporation (NYSE: FAF ) latest ratings and price target changes. As per Friday, May 19, the company rating was upgraded by Vertical Research. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.02. Bessemer Securities Llc holds 63.05% of its portfolio in Green Plains Inc.

Research Report For Freeport-McMoRan Inc. (FCX)

January 10, 2018

Among active positions in the latest quarter, 322 holders increased their positions by a total of 90.7 million shares, 329 holders decreased the positions by a total of 91.08 million shares, and 113 holders held their positions. and Freeport ..." published on December 27, 2017 as well as Seekingalpha.com's news article titled: "Bloomberg: Freeport nears deal with Indonesia for Grasberg mine" with publication date: December 15, 2017.

Fed's Harker pushes for under two price hikes in 2018

January 10, 2018

Three out of 12 regional Federal Reserve banks were against an increase in the rate commercial banks are charged for emergency loans ahead of the US central bank's last policy meeting when it raised interest rates, minutes from the discussion of the discount rate showed on Tuesday.

FLIR Systems (FLIR) Raised to "Buy" at SunTrust Banks

January 10, 2018

Peoples Services Corp owns 75 shares or 0% of their USA portfolio. On Thursday, August 31 SURRAN THOMAS A sold $10.00M worth of FLIR Systems, Inc. Hussman Strategic Advisors Inc. Imperial Capital downgraded the shares of FLIR in report on Thursday, February 23 to "In-Line" rating. As per Thursday, October 5, the company rating was maintained by SunTrust.

Lookout for Price Target? Exxon Mobil Corporation (XOM), Merck & Co., Inc. (MRK)

January 10, 2018

Arosa Capital Management Lp who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $367.82B market cap company. (NASDAQ:NFLX) or 3,622 shares. Jarislowsky Fraser Limited holds 1.53 million shares or 0.75% of its portfolio. 9,132 are owned by Mycio Wealth Limited Liability Co.

Hot Stock for Investors: Whiting Petroleum Corp. (WLL)

January 10, 2018

It has underperformed by 37.57% the S&P500. The 1 year EPS growth rate is -221.40%. Citigroup Inc holds 0.01% or 1.22 million shares. Us Concrete Inc now has $1.34B valuation. Among 52 analysts covering Apple Inc. Whereas they predicted High and Low Earnings Estimate as $0.11 and $-0.68 respectively. Zooming in closer, the stock has been recently recorded at -0.90% away from the 50 day high and 45.65% off of the 50 day low.

Cabot Oil & Gas Corp (COG) Holder Stelliam Investment Management LP Increased Position

January 10, 2018

Cabot-Wellington Llc who had been investing in Cabot Oil & Gas for a number of months, seems to be less bullish one the $13.30 billion market cap company. The firm has "Underperform" rating by Bank of America given on Friday, May 13. Cabot-Wellington Llc, which manages about $846.57 million and $172.13 million US Long portfolio, upped its stake in Ishares Core Msci Eafe (IEFA) by 20,414 shares to 458,080 shares, valued at $29.40 million in 2017Q3, according to the filing.

Could Zayo Group Holdings Incorporated (NYSE:ZAYO) Change Direction After Less Shorts?

January 10, 2018

The stock decreased 0.69% or $0.25 during the last trading session, reaching $36.05. About 925,098 shares traded. RBC Capital Markets maintained Zayo Group Holdings, Inc. Pnc Svcs Grp Inc stated it has 0% in Zayo Group Holdings, Inc . It also reduced its holding in Wells Fargo & Company (NYSE:WFC) by 22,600 shares in the quarter, leaving it with 817,700 shares, and cut its stake in Target Corp.

Eastman Chemical Company (EMN) Analysts See $1.12 EPS

January 10, 2018

The stock increased 0.91% or $2.8291 during the last trading session, reaching $312.9791. About 260,980 shares traded. It has underperformed by 35.58% the S&P500. (NYSE:IPG). Bokf Na, Oklahoma-based fund reported 77,520 shares. Meeder Asset Mgmt holds 0.4% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 40,765 shares.

Shares Of Simon Property Group, Inc. (SPG) sold By BROADWATER STEVEN K.

January 10, 2018

It has outperformed by 61.15% the S&P500. (SPG) by 6.18% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 1.82M shares of the consumer services company at the end of 2017Q3, valued at $293.55M, down from 2.38M at the end of the previous reported quarter.

Zoetis Inc. (ZTS) Surges to 52-Week High, Is Now Top Performer

January 10, 2018

Harfst & Associates Inc. now owns 1,878 shares of the company's stock valued at $117,000 after acquiring an additional 260 shares in the last quarter. The stock has "Buy" rating by Hilliard Lyons on Tuesday, June 20. Finally, JPMorgan Chase & Co. reaffirmed a "hold" rating and issued a $53.00 target price on shares of Zoetis in a research report on Thursday, November 3rd.

EXACT Sciences (EXAS) Given a $67.00 Price Target at Bank of America

January 10, 2018

The stock increased 0.04% or $0.06 during the last trading session, reaching $154.71. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,052 shares of the medical research company's stock valued at $179,000 after acquiring an additional 2,013 shares in the last quarter.

Celgene Corporation (CELG), Huntington Bancshares Incorporated (HBAN)

January 10, 2018

About 2.51 million shares traded. Huntington Bancshares Incorporated ( HBAN ) has risen 22.99% since January 9, 2017 and is uptrending. Ashmore Wealth Management Llc increased its stake in Msc Industrial Direct Co Inc (MSM) by 1054.73% based on its latest 2017Q3 regulatory filing with the SEC.

Intuitive Surgical, Inc. (ISRG) Given Consensus Recommendation of "Buy" by Brokerages

January 10, 2018

The institutional investor held 275 shares of the health care company at the end of 2017Q3, valued at $288,000, down from 1,100 at the end of the previous reported quarter. Parametric Port Assoc Ltd Liability Corp holds 0.04% in AerCap Holdings N.V. (NYSE:AER) or 736,009 shares. Cleararc Capital Inc.'s holdings in Intuitive Surgical were worth $601,000 at the end of the most recent reporting period.