Business


BP plans pipeline IPO by end of 2017 BP plans pipeline IPO by end of 2017
- September 11, 2017

BP had flagged in July that it was considering such a spinoff and. BP Midstream Partners will be headquartered in Houston, Texas, with offices in Chicago, Illinois. Out of the so-called "Big Oil" giants, only Royal Dutch Shell already has an MLP, having launched Shell Midstream Partners in 2014. BP plc (BP) announced that its wholly-owned, indirect subsidiary BP Midstream Partners LP has filed a registration statement on Form S-1 with the U.S. (more...)
Whiting Petroleum Corporation (WLL) Given Whiting Petroleum Corporation (WLL) Given "Hold" Rating at BMO Capital Markets
- September 11, 2017

Invitation Homes Inc. (NYSE:INVH) has a market cap of $6.95 billion and over the last 12 months, INVH has declined by 0%. On June 2 the stock rating was downgraded from "Outperform" to "Neutral" with a current price target of $13.00 in an announcement from Credit Suisse. (more...)
Oil Prices Steady As Irma Heads For Florida, Saudi Arabia Cuts Supply Oil Prices Steady As Irma Heads For Florida, Saudi Arabia Cuts Supply
- September 11, 2017

In parallel, crude oil inventories jumped by 4.6m barrels from the previous week to reach 462.4m. That's in line with industry data from the American Petroleum Institute. Traders said it would take weeks for the US petroleum industry to return to full capacity, and that under the current conditions it was hard to identify fundamental market trends. (more...)
Google launches appeal against EU's $2.9 billion antitrust fine Google launches appeal against EU's $2.9 billion antitrust fine
- September 11, 2017

A court battle between Brussels and Google could take years to resolve and adds to an increasingly bitter row between the USA giant and European countries. Sentenced in June to a record fine by Brussels for abuse of dominant position, Google has filed an application for cancellation, a-t-we learned on Monday 11 September. (more...)
Facebook handed Euro 1.2 mln fine by Spanish data watchdog Facebook handed Euro 1.2 mln fine by Spanish data watchdog
- September 11, 2017

Specifically, the AEPD called out the way Facebook (fb) collects data on people's ideologies and religious beliefs, sex and personal tastes-from its own services and those of third parties-without clearly telling its users what it will do with this information. (more...)
Banque Pictet & Cie SA Increases Holdings in HCA Holdings, Inc. (NYSE:HCA)
- September 11, 2017

Omnicom Group Inc. now has $16.81 billion valuation. The stock decreased 1.05% or $0.31 on September 8, reaching $29.35. The institutional investor owned 19,699 shares of the company's stock after acquiring an additional 1,178 shares during the period. (more...)
Tenet Healthcare Corporation (THC) Research Coverage Started at Piper Jaffray Companies
- September 11, 2017

As per Tuesday, August 8, the company rating was maintained by Jefferies. Ltd. increased its holdings in shares of Tenet Healthcare Corporation by 57.4% during the 1st quarter. The firm has "Outperform" rating by Wells Fargo given on Tuesday, June 6. Investors sentiment decreased to 1.25 in 2016 Q4. Its up 0.03, from 1.14 in 2016Q3. (more...)
Royal Bank Of Canada Reaffirms "Buy" Rating for Microsoft Corporation (MSFT)
- September 11, 2017

It has underperformed by 2.14% the S&P500. Guardian Investment Management increased Microsoft Corp (MSFT) stake by 27.97% reported in 2016Q4 SEC filing. Macquarie Research initiated it with "Neutral" rating and $51 target in Tuesday, April 26 report. $207,339 worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Capossela Christopher C on Tuesday, May 16. (more...)
Advance Auto Parts Inc (AAP) Position Lifted by Schroder Investment Management Group
- September 11, 2017

The company have shares float of 73.55 million. AAP has been the subject of several recent research reports. The company has market cap of $6.83 billion. ( AAP ) was recorded at 3.9 percent, operating profit margin was 6.6 percent, while gross profit margin stands at 43.8 percent. Carter William Harrison sold 2,690 shares worth $411,113. (more...)
Aspen Insurance Holdings Limite (AHL) Sees 52-Week Low Aspen Insurance Holdings Limite (AHL) Sees 52-Week Low
- September 11, 2017

Cubist Systematic Strategies, LLC added to its ownership by buying 8,351 shares an increase of 45.6% from 03/31/2017 to 06/30/2017. Shelton Capital Management increased its stake in Aspen Insurance Holdings Ltd ( AHL ) by 519.64% based on its latest 2016Q4 regulatory filing with the SEC. (more...)
Switzerland Train Crash In Andermatt Injures 30 Switzerland Train Crash In Andermatt Injures 30
- September 11, 2017

The accident was caused by a train malfunction, according to the Matterhorn-Gotthard-Bahn railway, as cited by the Urner Zeitung. The train that consisted of a locomotive and five carriages was switching rails at the Andermatt railway station when the incident occurred. (more...)
Cuts Holdings in Fifth Third Bancorp (NASDAQ:FITB)
- September 11, 2017

The shares were sold at an average price of $26.21, for a total transaction of $183,574.84. About shares traded. Fifth Third Bancorp (FITB ) has risen 33.30% since September 8, 2016 and is uptrending. The rating was maintained by BMO Capital Markets with "Hold" on Friday, May 26. Argus Research maintained the shares of AXP in report on Thursday, October 22 with "Buy" rating. (more...)
Seattle Genetics, Inc. (SGEN) Shares Bought by Swiss National Bank
- September 11, 2017

About 20,658 shares traded. Investors are feeling more bearish on shares of Seattle Genetics, Inc . recently if you put credence in the uptick in short interest. The company was founded by Clay B. Investors sentiment decreased to 1.3 in Q4 2016. Its down 0.20, from 1.5 in 2016Q3. Trexquant Investment LP bought a new position in shares of Seattle Genetics during the second quarter worth about $625,000. (more...)
Diageo PLC (DEO) Shareholder Hs Management Partners LLC Increased Stake
- September 11, 2017

The company now has a P/E ratio of 25.15 and the market cap is 85.84B. Based on an average trading volume of 384,267 shares, the days-to-cover ratio is now 1.1 days. Investors sentiment increased to 1.11 in Q4 2016. Its up 0.12, from 0.82 in 2016Q3. Investors are a little more bullish on shares of the company as implied by the decrease in short interest. (more...)
Is Buying Biomarin Pharma Incorporated (NASDAQ:BMRN) Here Good Idea?
- September 11, 2017

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) has risen 5.29% since September 8, 2016 and is uptrending. It has underperformed by 11.41% the S&P500. Ordinary Shares (NYSE:MDT) has risen 4.04% since September 11, 2016 and is uptrending. Citigroup Inc. assumed coverage on shares of BioMarin Pharmaceutical in a research report on Thursday, August 31st. As per Tuesday, August 11, the company rating was upgraded by Zacks. (more...)
Expeditors International of Was (NASDAQ:EXPD) Sees Significantly Lower Trading Volume
- September 11, 2017

The short-interest ratio decreased to 8.0 and the percentage of shorted shares was 0.06% on August 15. Company trades at a P/E ratio of 24.69, and is more expensive than the average stock in the Air Delivery & Freight Services industry. Northstar Advsr Lc holds 9,490 shares or 0.11% of its portfolio. Comparing the number of shares sold short to the float is a method analysts often use to get a reading on investor sentiment. (more...)
Hurricane Irma: Florida flight cancellations now near 7000, extend through Monday
- September 11, 2017

People in parts of three Florida counties faced mandatory evacuation orders Thursday and officials in two other counties issued voluntary orders to leave in advance of Hurricane Irma . The hurricane is expected to reach Florida by the weekend and the category 5 storm shows no signs of weakening as it inches closer to the Sunshine State. (more...)
JB Hunt Transport Services, Inc. (NASDAQ:JBHT) Under Analyst Spotlight
- September 11, 2017

The share price of the company (NASDAQ: JBHT ) was up +0.49%, with a high of 99.55 during the day and the volume of J.B. Hunt Transport Services , Inc. Bernstein maintained the shares of JBHT in report on Tuesday, April 19 with "Outperform" rating. Zebra Capital Mgmt Ltd owns 7,740 shares for 0.13% of their portfolio. (more...)
SunPower Corporation (NASDAQ:SPWR) Rating Increased to Hold at ValuEngine
- September 11, 2017

It has underperformed by 67.48% the S&P500. It was reported on Sep, 8 by Barchart.com . More recent Cadiz Inc (NASDAQ:CDZI) news were published by: Nasdaq.com which released: "Cadiz Inc". The stock has an average rating of "Hold" and an average price target of $9.48. The rating was initiated by Oppenheimer with "Outperform" on Tuesday, September 8. (more...)
Union Pacific Corporation (NYSE:UNP) Holdings Cut by Pinnacle Associates Ltd.
- September 11, 2017

Shares of Union Pacific Corporation (NYSE: UNP ) opened at 108.72 on Friday. It has outperformed by 14.75% the S&P500. Among 29 analysts covering Newfield Exploration Co. The Company's sales have grown at an average annualized rate of about 0.40% during the past five years. (NYSE:NFX) for 92,263 shares. Virginia Retirement Et Al reported 0.01% stake. (more...)
Longbow Research Upgrades Cummins Inc. (CMI) to "Buy"
- September 11, 2017

Navellier & Associates Inc increased Cummins Inc. Cummins Inc. (NYSE:CMI) is 6.58% above its 200-day moving average, providing a measure of resistance for long positions. Evercore ISI raised shares of Cummins from a hold rating to a buy rating and increased their target price for the stock from $113.00 to $144.00 in a research note on Monday, November 7th. (more...)
Navistar International Corporation (NAV) Earns "Positive" Rating from Jefferies Group LLC
- September 11, 2017

The Parts segment supports its brands of global commercial trucks, IC buses and engines. The value of the investment in ( NAV ) went from $258,000 to $59,000 decreasing 77.1% since the last quarter. 219,981 shares or 843.15% more from 23,324 shares in 2016Q3 were reported. Ubs Group Ag cut its stake by shedding 8,222 shares a decrease of 78.5% as of 06/30/2017. (more...)
Brookfield Renewable Partners LP (BEP) Shares Sold by Emerald Acquisition Ltd.
- September 11, 2017

Days to cover increased 1.0 to 1.0 and the short interest percentage is 0.00% as of August 15. Global X Management Co. The dividend yield will be $4.04. The firm had revenue of $683 million during the quarter, compared to the consensus estimate of $721.75 million. Brookfield Infrastructure Partners L.P., launched on May 29, 2007, owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. (more...)
BB&T Securities LLC Purchases 45695 Shares of Express Scripts Holding Company (ESRX)
- September 11, 2017

The stock increased 1.59% or $0.3 on September 8, reaching $19.15. About 86,751 shares traded. Kanaly Tru Commerce reported 3,343 shares stake. ValuEngine lowered shares of Express Scripts Holding from a "buy" rating to a "hold" rating in a report on Friday, September 1st. (more...)
Early Moves to Watch: FedEx Corporation (FDX)
- September 11, 2017

The company has market cap of $233.85 million. The stock of Comcast Corporation (NASDAQ:CMCSA) earned "Buy" rating by Pivotal Research on Thursday, July 27. The shares were sold at an average price of $211.26, for a total transaction of $1,521,072.00. On Thursday, March 23 the insider GRAF ALAN B JR sold $5.00 million. (more...)
Are Analysts Bearish Lamar Advertising Company (NASDAQ:LAMR) After Last Week?
- September 11, 2017

The Rhode Island-based Endurance Wealth Management Inc. has invested 1.92% in the stock. As per Thursday, November 17, the company rating was upgraded by Bank of America. Traders are feeling more bearish on Lamar Advertising Company of late as evidenced by the uptick in short interest. M Partners maintained the stock with "Neutral" rating in Wednesday, August 9 report. (more...)
America Apartment Communiti (NYSE:MAA) Trading Up - Insiders Selling, Short Interest Growing
- September 11, 2017

Two brokerages rating the company a strong buy, three brokerages rating the company a buy, thirteen brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $104.29. (more...)
Does the new SC order brings respite for Jaypee Infratech's homebuyers? Does the new SC order brings respite for Jaypee Infratech's homebuyers?
- September 11, 2017

A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud directed that the amount should be deposited by October 27. Around Rs 25,000 crore worth of money of flat buyers and others has been at stake with around 32,000 persons having their undelivered flats in various projects of Jaypee Infratech. (more...)
Agios Pharmaceuticals, Inc. (AGIO) Director Sells 4000 Shares of Stock
- September 11, 2017

The share price has moved forward from its 20 days moving average, trading at a distance of 8.64% and stays 10.98% away from its 50 days moving average. BNP Paribas Arbitrage SA now owns 13,575 shares of the biopharmaceutical company's stock valued at $698,000 after purchasing an additional 385 shares during the last quarter. (more...)
Teekay LNG Partners LP (NYSE:TGP) Experiences Lighter than Usual Trading Volume
- September 11, 2017

The company is now unchanged from yesterday's close of 16.90. It has underperformed by 6.82% the S&P500. Teekay LNG Partners L.P. Analysts predict that Teekay LNG Partners L.P. It is down 9.88% since September 8, 2016 and is uptrending. Therefore 60% are positive. Media stories about Teekay LNG Partners L.P. (NYSE:TGP) have been trending somewhat negative recently, according to Accern. (more...)