Business


Oil Rises Slightly as Hurricane Harvey Hits Demand Oil Rises Slightly as Hurricane Harvey Hits Demand
- September 03, 2017

Drivers at gas stations across North Texas reported pulling up to pumps Wednesday and Thursday to find long lines and higher prices - some reported finding no gas available at all. Refinery, pipeline and logistical problems on the Gulf Coast are expected to squeeze fuel supply delivery volumes to the Southeast, Midwest and Mid-Atlantic. (more...)
Gas prices in Georgia rise 28 cents because of Hurricane Harvey Gas prices in Georgia rise 28 cents because of Hurricane Harvey
- September 03, 2017

QuikTrip, one of the nation's largest convenience store chains, temporarily halted gasoline sales at about half its 135 stores in the Dallas-Fort Worth area to send the fuel to a few designated stores across the area, said company spokesman Mike Thornbrugh. (more...)
Las Vegas Sands Corp. (LVS)- Performance Analysis To Overcome Risk
- September 03, 2017

Capital International Sarl sold 7,600 shares as the company's stock rose 9.11% with the market. Las Vegas Sands Corp now has $48.04B valuation. The stock increased 1.12% or $0.69 on September 1, reaching $62.87. (NYSE:LVS). Moreover, Hengehold Capital Limited Liability Com has 0.07% invested in Las Vegas Sands Corp. Stifel Nicolaus reissued a "buy" rating and issued a $72.00 price objective (up from $70.00) on shares of Las Vegas Sands Corp.in a report on Thursday, July 27th. (more...)
Harvey Concerns Weigh on Oil Prices Despite Bullish EIA Data Harvey Concerns Weigh on Oil Prices Despite Bullish EIA Data
- September 03, 2017

US crude and product stocks , typically watched closely by oil investors because they reflect market balancing, were largely ignored this week. West Texas Intermediate crude contracts for October delivery traded down 1% to $45.97 per barrel shortly after 1:30 p.m., while global benchmark crude futures sank 2% to $50.95 a barrel. (more...)
Sphera Funds Management LTD. Takes Position in Alexion Pharmaceuticals, Inc. (ALXN) Sphera Funds Management LTD. Takes Position in Alexion Pharmaceuticals, Inc. (ALXN)
- September 03, 2017

Concourse Capital Management Llc sold 39,103 shares as Liberty Global Plc (LBTYK)'s stock declined 17.26%. About 1.85 million shares traded or 14.91% up from the average. Sphera Funds Management LTD. purchased a new position in shares of Alexion Pharmaceuticals, Inc . The analyst recommendations from a month ago are 3 Buy, 0 Overweight, 0 Sell, 2 Hold and 0 Underweight. (more...)
Dollar adds to gains after solid U.S. data Dollar adds to gains after solid U.S. data
- September 03, 2017

Oil prices were upended as flooding and damage from Tropical Storm Harvey shut almost a quarter of USA refinery capacity, curbing demand for crude. Its share price dived almost 13 percent to stand at 17.04 euros in Paris by mid-afternoon after the group published disappointing results for the first half and warned of a drop in earnings for the whole year. (more...)
Valeant Pharmaceuticals Interna (NYSE:VRX) Trading Volume Significantly Lower
- September 03, 2017

It has outperformed by 21.50% the S&P500. Private Management Group Inc acquired 324,183 shares as Valeant Pharmaceuticals Intl ( VRX)'s stock declined 15.71%. Therefore 22% are positive. Guggenheim began coverage on Valeant Pharmaceuticals International in a report on Saturday, June 17th. Morgan Stanley upgraded the shares of VRX in report on Wednesday, August 17 to "Overweight" rating. (more...)
Railroad commissioner: There's no fuel crisis in Texas Railroad commissioner: There's no fuel crisis in Texas
- September 03, 2017

An adviser to President Donald Trump told a White House briefing more oil could be released from reserves. "We're certainly looking at a slightly different market dynamic than we did last time we had a big weather event like this". More refinery closures were expected, as parts of Texas have received more than 4 feet (1.2 meters) of rain. The Georgia-based company remains able to operate its pipeline from Louisiana to states east and northeast of there, though deliveries will be ... (more...)
KFC patrons in China can pay with just a smile KFC patrons in China can pay with just a smile
- September 03, 2017

Diners can pay by scanning their faces at an ordering kiosk and entering a phone number - which is meant to guard against people cheating the system, Reuters reported. As you would imagine, Alipay users can authenticate their payments through a combination of facial scanning and inputting their mobile phone numbers, expanding upon its first facial recognition technologies announced earlier this year . (more...)
The Guidewire Software, Inc. (GWRE) Set to Announce Quarterly Earnings on Tuesday
- September 03, 2017

The firm earned "Underperform" rating on Friday, September 16 by Bank of America. As per Friday, October 30, the company rating was upgraded by Citigroup. TD Asset Management Inc. now owns 105,600 shares of the technology company's stock valued at $5,948,000 after buying an additional 8,700 shares in the last quarter. (more...)
The Contrasting Agree Realty (ADC) & Acadia Realty Trust (AKR) The Contrasting Agree Realty (ADC) & Acadia Realty Trust (AKR)
- September 03, 2017

Teachers Advisors LLC increased its stake in Independence Realty Trust, Inc. Ameritas Prtn accumulated 28,637 shares. Donald Smith & Communication owns 5.33M shares or 1.3% of their USA portfolio. The Pennsylvania-based Nationwide Fund Advisors has invested 0.04% in Education Realty Trust, Inc. Deutsche Savings Bank Ag accumulated 327,968 shares. (more...)
High gas prices aren't necessarily gouging, attorney general says High gas prices aren't necessarily gouging, attorney general says
- September 03, 2017

That is when a business charges an unreasonalbe price for an item during an emergency. Once again, shame on our local suppliers for seemingly exploiting a closed, price-fixed market. The resulting impact has driven the national average for unleaded gasoline to its highest price so far this year, $2.45 per gallon. Schneiderman is warning consumers to watch for price gouging of gasoline in the wake of Harvey. (more...)
McDonald's Corporation (MCD) Hits 52-Week High
- September 03, 2017

As of quarter end Exane Derivatives had sold a total of 5,115 shares trimming its stake by 43.5%. Lj Trust Company Llc sold 24,150 shares as the company's stock rose 15.92% with the market. Twelve equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. Jefferies maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, January 26. (more...)
Hurricane driving up Labor Day gas prices Hurricane driving up Labor Day gas prices
- September 03, 2017

Including the change in gas prices in Modesto during the past week, prices Sunday were 29.6 cents per gallon higher than the same day one year ago and are 5.2 cents per gallon higher than a month ago. "There's no supply to pay for the prices, unfortunately". The Georgia-based company remains able to operate its pipeline from Louisiana to states east and northeast of there, though deliveries will be "intermittent", the company said. (more...)
Franco-Nevada Corporation (NYSE:FNV) Closed 8.1% Above Its 50 Day Average Franco-Nevada Corporation (NYSE:FNV) Closed 8.1% Above Its 50 Day Average
- September 03, 2017

Franco Nevada Corp (NYSE:FNV) has risen 12.51% since August 31, 2016 and is uptrending. It has underperformed by 4.19% the S&P500. Sumitomo Mitsui Trust Holdings Inc increased Ingredion Inc (INGR) stake by 1.84% reported in 2016Q4 SEC filing. (more...)
Man arrested in missing girl case Man arrested in missing girl case
- September 03, 2017

Sunday at the celebrations in Pont-de-Beauvoisin's village hall. The Figaro newspaper reports that, contrary to earlier reports, the first suspect was not a formal wedding guest but an acquaintance of the father of the groom who arrived at the end of the evening. (more...)
Technical Charts and Signs for The PNC Financial Services Group, Inc. (PNC)
- September 03, 2017

Zacks Investment Research upgraded shares of PNC Financial Services Group, Inc. (The) from a "buy" rating to a "hold" rating in a report on Saturday, June 24th. Van sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $128.31, for a total transaction of $641,550.00. (more...)
Analyzing Analyst Recommendations: Microchip Technology Incorporated (MCHP), Enbridge Energy Partners, LP (EEP)
- September 03, 2017

Among 7 analysts covering Global Eagle Entertainment ( NASDAQ:ENT ), 3 have Buy rating , 0 Sell and 4 Hold. Another trade for 2,510 shares valued at $201,528 was sold by Bjornholt James Eric . Thrivent Fincl For Lutherans has invested 0.01% in Qualys Inc (NASDAQ:QLYS). Horizon North Logistics Inc. had 17 analyst reports since July 21, 2015 according to SRatingsIntel. (more...)
What's Real Worth Of Tyson Foods, Inc. (TSN), Franklin Resources, Inc. (BEN) What's Real Worth Of Tyson Foods, Inc. (TSN), Franklin Resources, Inc. (BEN)
- September 03, 2017

The analysts offering 12 month price targets for Tyson Foods, Inc. have a median target of $75, with a high estimate of $79 and a low estimate of $40. $1.74 million worth of Celgene Corporation (NASDAQ:CELG) was sold by KAPLAN GILLA. 1,124 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Schroder Inv Mngmt Group reported 596,836 shares. (more...)
Is Church & Dwight Co., Inc. (CHD) Sell Now?
- September 03, 2017

The stock declined 0.08% or $0.04 reaching $49.7 per share. Blackrock Fund Advsr holds 0.01% in Colfax Corp (NYSE:CFX) or 1.03M shares. The stock ended last trade at $49.74 a share and the price is up more than 12.56% so far this year. It tells an investor how quickly a company is increasing its revenues. Its up 0.02, from 0.82 in 2016Q3. The fund owned 643,932 shares of the company's stock after selling 31,317 shares during the period. (more...)
Has $18.87 Million Position in International Business Machines Corporation (IBM)
- September 03, 2017

Williams-Sonoma, Inc. AC Immune Ltd (NASDAQ:ACIU) has 0.00% since September 2, 2016 and is. It has outperformed by 22.34% the S&P500. Jag Capital Management LLC reduced its position in International Business Machines Corporation (NYSE: IBM ) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). (more...)
Has $18.87 Million Position in International Business Machines Corporation (IBM)
- September 03, 2017

Williams-Sonoma, Inc. AC Immune Ltd (NASDAQ:ACIU) has 0.00% since September 2, 2016 and is. It has outperformed by 22.34% the S&P500. Jag Capital Management LLC reduced its position in International Business Machines Corporation (NYSE: IBM ) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). (more...)
Has $18.87 Million Position in International Business Machines Corporation (IBM)
- September 03, 2017

Williams-Sonoma, Inc. AC Immune Ltd (NASDAQ:ACIU) has 0.00% since September 2, 2016 and is. It has outperformed by 22.34% the S&P500. Jag Capital Management LLC reduced its position in International Business Machines Corporation (NYSE: IBM ) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). (more...)
East West Bancorp Inc East West Bancorp Inc
- September 03, 2017

California Pub Employees Retirement Sys has invested 0.03% of its portfolio in East West Bancorp, Inc. According to Zacks, "East West Bancorp, Inc.is the holding company for East West Bank, East West Capital Trust I, East West Capital Trust II and Risk Services, Inc". (more...)
Vetr Inc. Downgrades International Business Machines Corporation (IBM) to Hold
- September 03, 2017

About shares traded. PepsiCo, Inc. About shares traded. International Business Machines Corp. (NYSE:PEP) has risen 12.20% since September 1, 2016 and is uptrending. $3.76 million worth of Harris Corporation (NYSE:HRS) shares were sold by DUFFY ROBERT L. The lowest target is $52.0 while the high is $61.0. Coldstream Mgmt Incorporated invested in 14,999 shares. (more...)
Flood insurance rates could spike as federal program drowns in debt Flood insurance rates could spike as federal program drowns in debt
- September 03, 2017

It slammed Rockport, Texas as a Category 4 storm when it came ashore last Friday - but was downgraded to a tropical storm by mid-Saturday. So how do you know if your home is in a flood zone? Homeowners insurance typically covers just damage from winds, not floods. (more...)
United States sales of GM, Toyota stand out as others falter in August United States sales of GM, Toyota stand out as others falter in August
- September 03, 2017

Goldman Sachs downgraded the shares of F in report on Friday, July 29 to "Neutral" rating. Regal Investment Advisors Ltd Limited Liability Company owns 0.26% invested in Ford Motor Company (NYSE:F) for 78,683 shares. The correct version of this news story can be accessed at https://weekherald.com/2017/09/02/mufg-securities-emea-plc-has-2-38-million-stake-in-general-motors-company-gm.html. (more...)
Revenue Estimates Analysis The Procter & Gamble Company (PG)
- September 03, 2017

It has underperformed by 9.16% the S&P500. Lincoln National Corp decreased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 12.3% during the first quarter, according to its most recent disclosure with the SEC. The firm has "Buy" rating by Jefferies given on Tuesday, August 15. The firm earned "Outperform" rating on Wednesday, November 9 by RBC Capital Markets. (more...)
Analyst Stock Recommendations For Simon Property Group, Inc. (SPG), Intel Corporation
- September 02, 2017

Simon Property Group (NYSE:SPG) last released its earnings results on Tuesday, August 1st. It has underperformed by 35.26% the S&P500. Ejf Capital Llc acquired 200,000 shares as First Long Is Corp (FLIC)'s stock declined 4.61%. The firm has "Buy" rating by Canaccord Genuity given on Monday, March 27. The rating was maintained by RBC Capital Markets on Tuesday, February 2 with "Outperform". (more...)
The Abbott Laboratories (ABT) Expected to Announce Quarterly Sales of $6.71 Billion
- September 02, 2017

The SI to Azz Incorporated's float is 2.37%. It is down 0.00% since September 1, 2016 and is. It has outperformed by 80.48% the S&P500. Legacy Capital Partners Inc increased Abbott Laboratories ( ABT ) stake by 15.22% reported in 2016Q4 SEC filing. (more...)