Business


Major stock indices rebound after morning slump amid North Korea-US tensions Major stock indices rebound after morning slump amid North Korea-US tensions
- August 30, 2017

Investors looked for safe investments after North Korea fired a ballistic missile over Japan and into the Pacific Ocean. U.S. President Donald Trump said "all options are on the table" in a written statement Tuesday in response to North Korea. (more...)
Michigan Red Cross volunteers headed to Houston to aid Harvey victims Michigan Red Cross volunteers headed to Houston to aid Harvey victims
- August 30, 2017

Todd James has volunteered for 15 Disaster Relief Operations, including the devastation left behind by Hurricane Sandy and the tornado that ripped through Joplin, Missouri. Wisconsin Public Radio reports that Hurricane Harvey was downgraded to a tropical storm, but it continues to drench Houston and the surrounding area. (more...)
TETRA Technologies, Inc. (NYSE:TTI): Drilling into the Technicals
- August 30, 2017

It has outperformed by 5.04% the S&P500. (NYSE:TTI) is a huge mover today! About 50,881 shares traded. Tetra Tech, Inc. has a one year low of $34.07 and a one year high of $48.35. Vetr downgraded the stock to "Buy" rating in Thursday, August 6 report. The rating was downgraded by Wedbush on Wednesday, April 20 to "Neutral". Daiwa Secs Gru stated it has 0% of its portfolio in Tetra Tech, Inc. (more...)
Harvey may succeed where OPEC has struggled by boosting oil prices: Russell Harvey may succeed where OPEC has struggled by boosting oil prices: Russell
- August 30, 2017

Disruptions in output were also reported in Colombia and Libya. Negative momentum has reaccelerated, as the MACD (moving average convergence divergence) histogram prints in the red with a downward sloping trajectory which points to lower prices for crude oil . (more...)
Gold inches lower on dollar rebound as North Korea concerns ease
- August 30, 2017

Gold prices surged by another ₹245 per 10 grams to ₹30,673 (inclusive of GST) on Tuesday, fuelled by the geopolitical tensions unleashed after North Korea fired a ballistic missile over Japan. Benchmark 10-year Treasury prices rose on safety buying, but some reluctance to buy bonds at their lowest yields of the year capped the rally. USA gold futures GCcv1 for December delivery fell 0.4 percent to $1,313.70 per ounce. (more...)
New law could leave flood victims hurting even more New law could leave flood victims hurting even more
- August 30, 2017

And that means it will take a while before final damage estimates can be made. But there's a reason to consider doing so sooner rather than later: a new law takes effect later this week. "It looks to be a very significant storm", he said. "Typically, what an adjuster is looking at is the envelope of the house", she said. "Primary insurers will face the largest effect from Harvey, with regionally focused carriers most vulnerable given their geographic concentrations", Moody's Investor ... (more...)
Duke Energy drops Florida nuclear plant, commits $6B to Duke Energy drops Florida nuclear plant, commits $6B to "smarter energy"
- August 30, 2017

Duke Energy Corporation shares increased 0.98 percent over the past week and rose 2.56 percent over the previous month. Canada Pension Plan Investment Board now owns 1,602,472 shares of the utilities provider's stock worth $131,419,000 after buying an additional 1,053,262 shares in the last quarter. (more...)
Comcast Corporation (NASDAQ:CMCSA) 52 Week High stands at 42.18 Comcast Corporation (NASDAQ:CMCSA) 52 Week High stands at 42.18
- August 30, 2017

Timucuan Asset Mngmt Fl invested 6.79% in Comcast Corporation (NASDAQ: CMCSA ). It has outperformed by 12.26% the S&P500. Aureus Asset Management Llc increased Visa Inc Com Cl A (V) stake by 8.84% reported in 2016Q4 SEC filing. 88 funds opened positions while 132 raised stakes. Vantage Invest Advsrs Ltd Liability accumulated 2.53% or 90,196 shares. Shelton Capital owns 178,525 shares. (more...)
Let's Get Technical With Big 5 Sporting Goods Corporation (BGFV)
- August 30, 2017

Oppenheimer maintained 8Point3 Energy Partners LP (NASDAQ:CAFD) on Thursday, June 29 with "Hold" rating . Following the acquisition, the director now directly owns 323,224 shares of the company's stock, valued at approximately $8,484,630. ( NYSE:DKS ), 7 have Buy rating , 1 Sell and 23 Hold. On Wednesday, June 7 the insider SULLIVAN GODFREY sold $261,672. On Monday, March 13 the insider STACK EDWARD W sold $15.82 million. (more...)
Jacobs Engineering Group Inc. (JEC) Position Cut by BNP Paribas Arbitrage SA Jacobs Engineering Group Inc. (JEC) Position Cut by BNP Paribas Arbitrage SA
- August 30, 2017

It has outperformed by 4.02% the S&P500. The short ratio in the company's stock is documented at 2.46 and the short float is around of 1.76%. Glenmede Na has 30,534 shares for 0.01% of their portfolio. Meeder Asset reported 24,533 shares stake. Putnam Invests invested in 0.01% or 78,227 shares. Ahl Prns Llp reported 117,100 shares or 0.2% of all its holdings. (more...)
Hurricane Harvey: Here's Why Texans Might Need To File Insurance Claims ASAP Hurricane Harvey: Here's Why Texans Might Need To File Insurance Claims ASAP
- August 29, 2017

By doing so, those policyholders will preserve their ability to collect an 18 percent penalty interest rate that insurance companies have to pay when they fail to pay a legitimate claim "timely and fully". "It's hurting the people of Texas, who they are supposed to be representing - not the insurance companies". "On and after Sept 1st, you will be able to file claims". (more...)
Kroger, Red Cross take donations to help Hurricane Harvey victims Kroger, Red Cross take donations to help Hurricane Harvey victims
- August 29, 2017

Brown Convention Center in Houston , nearly double its capacity, with more people arriving by the minute . Designate all checks with " Hurricane Harvey " in the memo line. Human-caused warming penetrating the ocean past the surface has resulted in a deep layer of warm water feeding hurricane Harvey when it intensified near the coast. (more...)
PayPal Holdings, Inc. (PYPL) has a market cap of $72.82 Billion PayPal Holdings, Inc. (PYPL) has a market cap of $72.82 Billion
- August 29, 2017

Inc. now owns 2,415 shares of the credit services provider's stock valued at $104,000 after buying an additional 649 shares during the period. Vanguard Group Inc. On average, equities analysts expect that PayPal Holdings will post $1.83 earnings per share for the current year. TRADEMARK VIOLATION WARNING: This piece was first reported by StockNewsTimes and is owned by of StockNewsTimes. (more...)
Ascena Retail Group, Inc. (ASNA) Downgraded by BidaskClub to Strong Sell
- August 29, 2017

The stock's quarterly performance specifies a shift of 18.86%, and its last twelve month performance is stands at -75.98% while moved -54.78% for the past six months. The company was maintained on Tuesday, September 20 by Telsey Advisory Group. FBR Capital maintained the stock with "Neutral" rating in Tuesday, August 15 report. (more...)
The Tyson Foods, Inc. (TSN) Shares Sold by Aviva PLC
- August 29, 2017

Tyson Foods Inc Cl A now has $22.72 billion valuation. But for now, the stock price is moving slightly higher and does have room to the upside before it hits a potential wall of resistance and an overbought momentum rating of five bulls . (more...)
Whistleblower alleged Seshasayee lied to shareholders, reveals Infosys founder Narayana Murthy
- August 29, 2017

Last week saw the founders staging a dramatic coup, bringing back co-founder Nandan Nilekani as its Chairman, replacing R Seshasayee . He also said that to materialize this the bureaucracy will need to be more responsive and school and college systems too need to be made completely autonomous. (more...)
Klingman & Associates LLC Sells 492 Shares of Walt Disney Company (The) (DIS)
- August 29, 2017

The stock has risen 5.17% since then. About 926,882 shares traded. It is down 0.00% since August 29, 2016 and is. It has outperformed by 24.76% the S&P500. Since May 11, 2017, it had 0 insider purchases, and 1 insider sale for $1.32 million activity. 12,143 shares valued at $1.32M were sold by ARNOLD SUSAN E on Thursday, May 11. (more...)
EGain Corp (EGAN) Analysts See $-0.10 EPS
- August 29, 2017

It has outperformed by 2.77% the S&P500. Schwab Charles Investment Management Inc. raised its stake in shares of Intel Corporation by 3.3% in the first quarter. Celgene Corp (NASDAQ:CELG) was reduced too. Since May 5, 2017, it had 0 insider purchases, and 1 insider sale for $90,136 activity. The insider FILIPOV STEVE sold $244,627. (more...)
Analysts are on the Bearish side about Ross Stores, Inc
- August 29, 2017

About 2.12 million shares traded. Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, August 17th. It has underperformed by 4.67% the S&P500. On Thursday, March 23 the insider Brautigan Bernard G . sold $1.88M. Another trade for 3,004 shares valued at $189,725 was made by Morrow Brian R . (more...)
Morgan Stanley Downgrades Rating On Magna International, Inc. (MGA) To "Equal-Weight"
- August 29, 2017

Analog Devices Inc now has $28.98 billion valuation. Bank of Hawaii now owns 7,057 shares of the company's stock valued at $327,000 after buying an additional 1,479 shares during the last quarter. Virginia Retirement Systems Et Al increased Applied Matls Inc (NASDAQ:AMAT) stake by 78,600 shares to 691,500 valued at $22.32 million in 2016Q4. Cdn Natural Res (NYSE:CNQ) was reduced too. (more...)
QUALCOMM Incorporated (QCOM) Shares Bought by Russell Investments Group Ltd. QUALCOMM Incorporated (QCOM) Shares Bought by Russell Investments Group Ltd.
- August 29, 2017

The stock increased 0.68% or $0.35 during the last trading session, reaching $51.81. About 721 shares traded. (NASDAQ: QCOM ) news were published by: Barrons.com which released: " Qualcomm Bore Nokia; It Can Get Past Apple" on August 24, 2017, also Seekingalpha.com with their article: "Recent Buy: Qualcomm , Inc." published on August 19, 2017, Investorplace.com published: "Betting Against Qualcomm , Inc". (more...)
Aqr Capital Management LLC Upped Wal (WMT) Stake
- August 29, 2017

Wal now has $238.67B valuation. The stock rose 1.04% or $0.81 reaching $78.77. Vantage Investment Advisors Llc sold 23,407 shares as the company's stock declined 8.05% while stock markets rallied. As per Friday, October 7, the company rating was maintained by Telsey Advisory Group. Cowen & Co has "Outperform" rating and $83 target. Investors sentiment increased to 1.02 in Q4 2016. (more...)
Birinyi Associates Inc. Has $349000 Position in Delta Air Lines, Inc. (DAL)
- August 29, 2017

Paradigm Asset Management Co Llc increased Delta Air Lines (DAL) stake by 551.59% reported in 2016Q4 SEC filing. Frontfour Capital Group Llc sold 31,377 shares as Delta Air Lines Inc Del (DAL)'s stock declined 5.91%. Deutsche Bank upgraded Delta Air Lines, Inc . (NYSE:DAL) shares with value of $1.01M were sold by Jacobson Paul A . Bastian Edward H also sold $1.21M worth of Delta Air Lines, Inc . (more...)
Dodge & Cox Continues to Hold Position in Wells Fargo & Co Dodge & Cox Continues to Hold Position in Wells Fargo & Co
- August 29, 2017

It has outperformed by 0.50% the S&P500. Asset Management Advisors Llc decreased Wells Fargo & Co ( WFC ) stake by 25.87% reported in 2016Q4 SEC filing. Diversified Invest Strategies Limited Liability Corporation reported 23,299 shares. Its sales stood at 1.70% a year on average in the period of last five years. (more...)
United Technologies Corporation (UTX) Position Decreased by State of Tennessee Treasury Department United Technologies Corporation (UTX) Position Decreased by State of Tennessee Treasury Department
- August 29, 2017

United Technologies Corp now has $92.12 billion valuation. About shares traded. Zebra Technologies Corp. Insider Trades for United Technologies Corporation show that the latest trade was made on 30 Jun 2017 where Delpech (Philippe ), the Officer completed a transaction type "Sell" in which 1060 shares were traded at a price of $122.08. (more...)
Andra AP fonden Reduces Position in Cognizant Technology Solutions Corporation
- August 29, 2017

For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report. 1,890 shares were sold by Middleton Sean , worth $117,180. The insider Veeraraghavachary Srinivasan sold $199,485. In other news, EVP Allen Shaheen sold 4,186 shares of the stock in a transaction on Tuesday, June 6th. (more...)
Securities Analyst Recommendations: Valeant Pharmaceuticals International, Inc. (VRX), Parsley Energy, Inc. (PE) Securities Analyst Recommendations: Valeant Pharmaceuticals International, Inc. (VRX), Parsley Energy, Inc. (PE)
- August 29, 2017

The stock declined 1.57% or $0.69 reaching $43.58 on the news. About 2,500 shares traded. The New York-based Gideon Advisors Inc has invested 0.39% in Valeant Pharmaceuticals Intl Inc (NYSE: VRX ). Shares for $257,280 were bought by Herendeen Paul on Tuesday, March 14. Wall Street is only getting more bearish on the stock, with 3 of analysts who cover VRX having a buy-equivalent rating. (more...)
Beyoncé pledges support for hometown after Hurricane Harvey Beyoncé pledges support for hometown after Hurricane Harvey
- August 29, 2017

In the large-scale chaos that the storm has brought, emergency crews have been working to save stranded residents and cope with the flow of evacuees - even as more rain is forecast for areas that have already been flooded. About 75,000 calls have been made to Houston's 911 system since the storm hit, reported the Associated Press. "While this is still a risky situation with a long response effort ahead, the state and people of Texas are resilient", said FEMA Administrator Brock Long. (more...)
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) Sees Unusual Trading Volume in Its Shares
- August 29, 2017

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Achillion Pharmaceuticals, Inc. (NASDAQ: ALXN ) has declined 18.12% since August 29, 2016 and is downtrending. Therefore 73% are positive. Analysts forecast that Alexion Pharmaceuticals, Inc . will post $5.60 EPS for the current year. 02/02/2017 - Ladenburg Thalmann began new coverage on Achillion Pharmaceuticals, Inc. (more...)
GAM Holding AG Has $3042000 Position in Campbell Soup Company (CPB) GAM Holding AG Has $3042000 Position in Campbell Soup Company (CPB)
- August 29, 2017

Visa Inc (NYSE:V) has risen 20.29% since August 28, 2016 and is uptrending. It has outperformed by 56.28% the S&P500. Cleararc Capital Inc. boosted its position in Campbell Soup by 0.3% in the first quarter. Deutsche Bank maintained the stock with "Hold" rating in Friday, August 26 report. The company was initiated on Wednesday, February 24 by UBS. Citigroup has "Neutral" rating and $50 target. (more...)