Business


Corpus Christi port allowing vessels up to 43' draft: Coast Guard Corpus Christi port allowing vessels up to 43' draft: Coast Guard
- September 01, 2017

Surveys by the U.S. Army Corps of Engineers are now underway to confirm deeper drafting vessels can safely enter the channel and proceed to their designated berths. The Coast Guard says that the upper channel is still affected by severe currents and other hazards: Buffalo Bayou, which feeds into it, is still receiving more floodwater from the overfilled Addicks and Barker reservoirs. (more...)
Baby Harvey born in Texas during Hurricane Harvey Baby Harvey born in Texas during Hurricane Harvey
- September 01, 2017

Then, on Thursday, with Harvey approaching the coast, plans for surgery were put on hold. "That's the baby's blanket I was making for her", she said as she begins to cry. So at about 3 a.m. Saturday, Pena gave birth inside her home in nearly complete darkness, with the only light coming from cell phones. "Everyone in my circle of friends was saying , 'Please get out of Houston .' I'm like 'Oh, it's just rain, '" one woman said. (more...)
Local residents help victims of Hurricane Harvey Local residents help victims of Hurricane Harvey
- September 01, 2017

Harvey is the largest hurricane to make landfall in the United States since 2005. For every $1 donated, the retailer will contribute $2 worth of cash or, at the company's option, needed product to the American Red Cross , up to $10 million. (more...)
Harvey: Why oil prices are falling, not spiking
- September 01, 2017

Gulf of Mexico, and closed ports all along the Texas coast. The discount for U.S. WTI versus Brent reached $5.92 a barrel on Tuesday, its widest in more than two years. Inventories are expected to build in the coming weeks as refineries struggle to crank up operations and crude pumped from the ground seek outlets to be processed. (more...)
CBL & Associates Properties Inc
- September 01, 2017

A reading under 30 may indicate that the stock is oversold, and possibly undervalued. (NYSE:CBL). National Bank & Trust Of America Corporation De stated it has 0% in CBL & Associates Properties, Inc. GGP trades at a forward P/E of 33.85, a P/B of 2.24, and a P/S of 8.19, compared to a forward P/E of 15.69, a P/B of 1.16, and a P/S of 1.44 for CBL. (more...)
Help the victims of Hurricane Harvey Help the victims of Hurricane Harvey
- September 01, 2017

After a background check, they'll be contacted about ways to help. Volunteers are making their way to Texas from other states, as well. In the early days following a natural disaster, monetary donations are best over material goods or volunteering . (more...)
Oil rises, gasoline jumps 10 percent as United States refineries reel Oil rises, gasoline jumps 10 percent as United States refineries reel
- September 01, 2017

On Monday, gasoline prices surged almost 2.75 percent on supply concerns, while oil prices fell by about that same percentage on worries that demand for crude by refiners would decline. Roughly 20 percent of the nation's offshore supply has been shut in due to Harvey, in addition to equally dramatic reductions in on-shore production and refining. (more...)
Which Analysts Are Watching Prudential Financial, Inc. (NYSE:PFK)?
- September 01, 2017

About shares traded. Prudential Financial Inc (NYSE: PRU ) has risen 33.66% since August 31, 2016 and is uptrending. It has outperformed by 16.96% the S&P500. Commonwealth Bank Of Aus reported 67,086 shares stake. In other news, insider Stephen Pelletier sold 4,133 shares of the firm's stock in a transaction dated Monday, August 7th. (more...)
Million More Fake Wells Fargo Accounts Discovered Million More Fake Wells Fargo Accounts Discovered
- September 01, 2017

About shares traded. ViaSat, Inc. Wells Fargo & Company (NYSE: WFC ) exchanged hands 6,150,318 shares versus average trading capacity of 17.41M shares, while its relative trading volume is 1.41. Traditionally Analysts tend to review their prediction as they will draw near to the actual results date. Therefore 77% are positive. As per Friday, May 26, the company rating was maintained by RBC Capital Markets. (more...)
LLC Purchases 1000 Shares of Becton, Dickinson and Company (BDX)
- September 01, 2017

The stock price is sinking -0.50% to $197.90. It has underperformed by 4.38% the S&P500. Farmers Trust Co increased Smucker J M Co (SJM) stake by 10.74% reported in 2016Q4 SEC filing. Kelly Lawrence W Associates Ca holds 3 shares or 0% of its portfolio. California Public Employees Retirement System, a California-based fund reported 65,655 shares. (more...)
Cornercap Investment Counsel INC Raised Stake in Merck & Co INC New (MRK)
- September 01, 2017

About shares traded. Chegg Inc (NYSE:CHGG) has risen 163.16% since August 31, 2016 and is uptrending. It increased, as 13 investors sold Chegg Inc shares while 24 reduced holdings. Its up 0.08, from 0.99 in 2016Q3. It improved, as 66 investors sold Merck & Co., Inc. shares while 603 reduced holdings. 128 funds opened positions while 609 raised stakes. (more...)
Cadence Design Systems, Inc. (CDNS) Hits 52-Week High
- September 01, 2017

Last session Cadence Design Systems, Inc . Investors are feeling more bearish on shares of the company lately as implied by the rise in short interest. Northern Corporation has invested 0.02% of its portfolio in Cadence Design Systems Inc (NASDAQ: CDNS ). Solaris Asset Management Ltd Liability Corporation reported 114 shares or 0% of all its holdings. (more...)
Varian Medical Systems, Inc
- September 01, 2017

Penserra Capital Management LLC increased its position in shares of Varian Medical Systems by 9.5% in the first quarter. Equities analysts expect that Varian Medical Systems, Inc. Investors sentiment increased to 0.91 in Q4 2016. Its up 0.04, from 0.91 in 2016Q3. It is positive, as 38 investors sold VAR shares while 188 reduced holdings. (more...)
Lowe's Companies, Inc. (LOW) Stake Increased by Valicenti Advisory Services Inc
- September 01, 2017

The company declined -1.04% and closed its last trading session at $55.01. N+1 Singer maintained Dotdigital Group plc (LON:DOTD) on Monday, January 4 with "Corporate" rating. As per Wednesday, August 23, the company rating was maintained by RBC Capital Markets. (NYSE:LOW) has "Buy" rating given on Thursday, November 19 by Argus Research. (more...)
The AMF Pensionsforsakring AB Holds Stake in International Business Machines Corporation (IBM)
- September 01, 2017

JP Morgan maintained International Business Machines Corp. International Business Machines Corporation (IBM ) closed its previous trading session at $143.14 with the gain of 0.44%. Augustine Asset Management reported 7.93% of its portfolio in International Business Machines Corp. Ray Gerald L & Associates Ltd decreased Ford Mtr Co Del (NYSE:F) stake by 28,011 shares to 97,676 valued at $1.19M in 2016Q4. (more...)
Energy Secretary: US gas prices will rise in Storm Harvey's wake Energy Secretary: US gas prices will rise in Storm Harvey's wake
- September 01, 2017

The Motiva shutdown sent after-settlement gasoline prices up to 1.8180. Some refineries were preparing for restarts, but heavy rains are expected to last through Wednesday, adding to catastrophic flooding in Houston. South and Southwest. The Motiva Enterprises plant in Port Arthur , Texas, run by a unit of the state-owned oil company of Saudi Arabia, was the latest domino to fall among Gulf Coast refineries. (more...)
Intuitive Surgical, Inc. (NASDAQ:ISRG) Reaches a New Pinnacle Intuitive Surgical, Inc. (NASDAQ:ISRG) Reaches a New Pinnacle
- September 01, 2017

Viacom Inc New Cl B now has $12.23B valuation. The stock rose 0.14% or $1.44 reaching $997.48. Shares last traded at $996.16 a tad higher than $953.87, the 50 day moving average and a great deal higher than the 200 day moving average of $854.47. (more...)
Analysts Ratings on: Fitbit Inc. (FIT) Analysts Ratings on: Fitbit Inc. (FIT)
- September 01, 2017

According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $83.64 on company stock. The short ratio in the company's stock is documented at 6.91 and the short float is around of 32.62%. The original version of this article can be viewed at https://stocknewstimes.com/2017/08/30/fitbit-inc-fit-given-outperform-rating-at-oppenheimer-holdings-inc.html. (more...)
PAREXEL International Corporation (PRXL) Stake Increased by Eagle Boston Investment Management Inc
- September 01, 2017

It has outperformed by 17.82% the S&P500. (OSK) stake by 358.32% reported in 2016Q4 SEC filing. Pretorius Sybrand also sold $524,216 worth of PAREXEL International Corporation (NASDAQ: PRXL ) shares. Great West Life Assurance Can accumulated 42,062 shares. Tru Department Mb Bank & Trust N A has invested 0.03% of its portfolio in PAREXEL International Corporation (NASDAQ:PRXL). (more...)
Are Analysts Bullish about Baxter International Inc (NYSE:BAX) after last week?
- September 01, 2017

About 611,013 shares traded. Michael Kors Holdings Ltd (NYSE:KORS) has declined 10.54% since August 28, 2016 and is downtrending. It has outperformed by 35.38% the S&P500. 39,858 were accumulated by Cantab Capital Ltd Liability Partnership. Stephens Incorporated Ar has invested 0.02% of its portfolio in Akamai Technologies, Inc. (more...)
The First Interstate Bank Cuts Position in McKesson Corporation (MCK) The First Interstate Bank Cuts Position in McKesson Corporation (MCK)
- September 01, 2017

McKesson Corporation had a net profit margin of 2.42% and a ROE of 25.76%. the business reported sales of $51.05 B for the period end, compared to the average forecast of $51.22 B. J P Morgan Chase & Co upgraded McKesson Corporation from a "neutral" rating to an "overweight" rating and set a $189.00 target price on the stock in a report on Tuesday, May 23rd. (more...)
UK's May heads to Japan keen to allay Brexit fears UK's May heads to Japan keen to allay Brexit fears
- September 01, 2017

Asked if she intends to fight the next election, she said: 'I'm in this for the long term. Some Japanese companies with factories in the United Kingdom are anxious about their ability to export to the rest of Europe after Brexit. But Mrs May's declaration comes just two years after her predecessor, David Cameron, insisted he would remain in post even if he lost the European Union referendum, only to quit weeks later when his worst fears were realised. (more...)
Knight Transportation (KNX) Sets 52-Week High; Strong Momentum for Holders
- September 01, 2017

ConocoPhillips (NYSE:COP) has risen 9.50% since August 31, 2016 and is uptrending. It has underperformed by 105.37% the S&P500. Given that liquidity is king in short-term, CVNA is a stock with 142.42 million shares outstanding that normally trades 57.22% of its float. (more...)
Moody's upgrades Turkish economic growth forecast Moody's upgrades Turkish economic growth forecast
- September 01, 2017

Worldwide credit rating agency Moody's on Wednesday upgraded its year-end growth forecast for Turkey in 2017 from 2.6 percent to 3.7 percent. Whereas it upgraded the growth forecast for China from 6.6 percent to 6.9 percent in 2017 and from 6.3 percent to 6.4 percent for 2018. (more...)
Nexstar Media Group Class A (NASDAQ:NXST) Just Reported Increased Shorts
- September 01, 2017

The stock has "Buy" rating by Robert W. Baird on Thursday, August 24. Barclays Capital maintained Dover Corp (NYSE:DOV) on Monday, July 18 with "Equalweight" rating. Hopkins Senior Vice President of Distribution" with publication date: July 31, 2017. Bluecrest Mgmt Limited owns 0.05% invested in International Flavors & Fragrances Inc (NYSE:IFF) for 7,701 shares. (more...)
Securities Analyst Recommendations: CVR Refining, LP (CVRR), Urban Outfitters, Inc. (URBN)
- September 01, 2017

Fort Pitt Capital Group, LLC divested its holdings by shedding 6,050 shares a decrease of 1.0% in the quarter. It has underperformed by 16.70% the S&P500. Among 33 analysts covering Urban Outfitters Inc. (NASDAQ:URBN) for 502,725 shares. It was reported on Aug, 28 by Barchart.com . Morgan Stanley has "Overweight" rating and $32 target. (more...)
Smartwatch growth surges ahead of Apple, Fitbit offerings Smartwatch growth surges ahead of Apple, Fitbit offerings
- September 01, 2017

Apple was a big leader with almost 50 percent year over year growth during the second quarter, while, as reported previously , Xiaomi took the top spot in the wearables market. Fitbit finds itself in a period of transition. Fossil has become the 5 largest wearable brand globally thanks to the acquisition of Misfit in late 2015. (more...)
Stock inside Traders Spotlight: Microchip Technology Inc. (MCHP)
- September 01, 2017

The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/08/28/aviva-plc-acquires-760-shares-of-microchip-technology-incorporated-mchp.html. The firm has "Buy" rating given on Tuesday, May 17 by CLSA. As per Tuesday, June 6, the company rating was maintained by Stifel Nicolaus. Stock has a payout ratio of 71.70%. (more...)
Hot Stocks For Today: Ironwood Pharmaceuticals, Inc. (IRWD), Exelon Corporation (EXC)
- September 01, 2017

Salzhauer Michael who had been investing in Allstate Corp for a number of months, seems to be bullish on the $32.82 billion market cap company. The stock decreased 0.13% or $0.05 during the last trading session, reaching $38.22. On Monday, September 14 the stock rating was upgraded by SunTrust to "Buy". Goldman Sachs has "Neutral" rating and $37 target. Trustmark Retail Bank Tru Department has invested 0.56% in Pfizer Inc. (more...)
Darden Restaurants, Inc. (NYSE:DRI) reported Beta of 0 Darden Restaurants, Inc. (NYSE:DRI) reported Beta of 0
- September 01, 2017

The stock increased 1.39% or $1.16 during the last trading session, reaching $84.84. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/08/31/darden-restaurants-inc-dri-shares-sold-by-scout-investments-inc.html. (more...)