Business


American Express Company (AXP) Upgraded to Buy by Zacks Investment Research
- September 14, 2017

The stock increased 0.10% or $0.09 during the last trading session, reaching $86.64. It is down 7.18% since September 13, 2016 and is downtrending. It has outperformed by 20.93% the S&P500. Investors of record on Friday, January 6th will be given a $0.32 dividend. Its down 0.02, from 0.86 in 2016Q3. MCF Advisors LLC lifted its holdings in shares of American Express by 0.5% during the 1st quarter. (more...)
India's wholesale inflation touched four-month high of 3.24% in August India's wholesale inflation touched four-month high of 3.24% in August
- September 14, 2017

Food inflation came at 5.75% in August against 2.15% in the previous month. Primary articles, which accounts for more than a fifth of the entire wholesale price index grew 2.66 percent in August from 0.46 percent in July. Prices for non-food articles came at negative 3.60% in August compared with 6.32% lower in the last month. Manufactured products rose 2.45 percent. (more...)
A Glimpse Into Insider Trading And Ownership At FirstEnergy Corp. (FE) A Glimpse Into Insider Trading And Ownership At FirstEnergy Corp. (FE)
- September 14, 2017

FirstEnergy Corporation comprises 0.2% of Bridgewater Associates LP's holdings, making the stock its 26th largest holding. A number of hedge funds have recently added to or reduced their stakes in the business. Analysts expect next quarter's EPS to be $0.53 and the next full year EPS is projected to be $2.54. Stockholders of record on Tuesday, February 7th will be paid a $0.36 dividend. (more...)
Most Active Volume Stock: The Goodyear Tire & Rubber Company (GT) Most Active Volume Stock: The Goodyear Tire & Rubber Company (GT)
- September 14, 2017

The company has a market cap of $1.84 billion, a price-to-earnings ratio of 9.76 and a beta of -0.03. About 1.04M shares traded. The Goodyear Tire & Rubber Company (GT) has the market capitalization of $8.21 Billion. Vanguard reported 4.48M shares. Manufacturers Life The stated it has 283,480 shares. Reilly Financial Advsr Limited Liability owns 119 shares. Following the transaction, the insider now directly owns 71,849 shares in the company, valued at approximately $2,547,765.54. (more...)
Toshiba says Western Digital overstates its rights over chip business Toshiba says Western Digital overstates its rights over chip business
- September 14, 2017

Toshiba said in a statement that its board of directors had "determined to continue negotiations with the Bain-led consortium", which had come up with a new proposal. But Western Digital protested within hours of the announcement. Apple has opposed Western Digital's bid and chose to back Bain because of the business's strategic importance, the people said. (more...)
Daiwa Securities Group INC Holds Holding in Essex Ppty Tr (ESS)
- September 14, 2017

About 4,832 shares traded. It has underperformed by 19.40% the S&P500. BidaskClub downgraded shares of Essex Property Trust from a "strong-buy" rating to a "buy" rating in a report on Friday, June 30th. 08/18/2014 - Liberty Property Trust was downgraded to "hold" by analysts at TheStreet. The stock has "Mkt Perform" rating by JMP Securities on Tuesday, January 24. (more...)
Honing in on Shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA)
- September 14, 2017

Walgreens Boots Alliance has a 52 week low of $75.18 and a 52 week high of $88.00. Latest closing price was 3.26% above its 50-day moving average and 0.15% above its 200-day moving average. The rating was upgraded by Jefferies to "Buy" on Monday, October 17. The rating was maintained by Needham with "Buy" on Friday, September 8. Zooming in closer, company stock has been -0.18% for the quarter, 1.47% over the past month, and 1.19% over the past week. (more...)
Interserve shares halve on profit warning Interserve shares halve on profit warning
- September 14, 2017

It also said that the ballooning cost of extracting itself from its troubled waste-to-energy project would now "significantly exceed" the £160 million final cost it had been expecting. The news comes just two weeks after Debbie White joined the company as chief executive, taking over from Adrian Ringrose who (despite having only just turned 50) has now started to build a non-executive portfolio, chairing industrial painting contractor Taziker Industrial and pipeline monitoring specialist ... (more...)
Air Products and Chemicals, Inc. (APD) Shares Sold by Oppenheimer & Co. Inc
- September 14, 2017

Finally, Cibc World Markets Corp boosted its holdings in shares of Air Products and Chemicals by 59.3% during the 1st quarter. (GE)'s stock declined 7.64%. Hanson Mcclain reported 100 shares. During the same period in the prior year, the business posted $1.92 earnings per share. Fukoku Mutual Life Insur Comm stated it has 1,700 shares or 0.04% of all its holdings. (more...)
Nike, Inc. (NKE) Stake Lessened by Lederer & Associates Investment Counsel CA
- September 14, 2017

Asset Planning Services Ltd. now owns 2,132 shares of the footwear maker's stock valued at $126,000 after buying an additional 7 shares during the period. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 492,360 shares of company stock valued at $28,485,174. Patters in insider activity can help analysts formulate an outlook for a stock. (more...)
Boston Family Office LLC Raises Holdings in EOG Resources, Inc. (EOG) Boston Family Office LLC Raises Holdings in EOG Resources, Inc. (EOG)
- September 14, 2017

About 11.34M shares traded. Raymond James Financial, Inc. upgraded EOG Resources from a market perform rating to an outperform rating and set a $110.00 price target on the stock in a research report on Wednesday, May 10th. West Oak Capital holds 0% or 452 shares in its portfolio. 90,228 are owned by Hawkins Ltd Partnership. Arosa Capital Management LP acquired a new position in EOG Resources during the 1st quarter worth $13,828,000. (more...)
IL Has $66.18 Million Stake in The Priceline Group Inc. (PCLN)
- September 14, 2017

On Tuesday, February 28 the stock rating was maintained by Benchmark with "Buy". Harvey Capital Management Inc decreased Priceline Group Inc The (PCLN) stake by 12.74% reported in 2016Q4 SEC filing. The stock of Priceline Group Inc (NASDAQ:PCLN) earned "Buy" rating by Needham on Wednesday, January 4. Deutsche Bank maintained it with "Hold" rating and $2055 target in Wednesday, August 9 report. (more...)
Analysts Viewpoints: Soufun Holdings (SFUN)
- September 14, 2017

This nets out to a decrease of 305636 shares and is another bearish sign for SFUN. SouFun Holdings had 20 analyst reports since August 4, 2015 according to SRatingsIntel. 07/08/2015 - SouFun Holdings Limited was upgraded to "outperform" by analysts at Macquarie. Eqis Capital Management, Inc. now controls 113,620 shares with a value of $422,000. (more...)
Intel Corporation (INTC) Given News Impact Rating of 0.06
- September 14, 2017

About 8.34 million shares traded. MA raised its holdings in Intel Corporation (NASDAQ: INTC ) by 3.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Many hedge fund investors and Institutions have lately purchased and unloaded stocks of the company. Colonial Tru Advisors holds 0.19% or 5,232 shares in its portfolio. (more...)
Antero Resources Corporation's (AR) Hold Rating Reiterated at Cowen and Company
- September 14, 2017

Antero Resources Corporation (NYSE:AR) ended its day at $19.97 with the rising stream of 1.89% and its total traded volume was 3.46 million shares more than the average volume. State Street Corporation reported 5.94 million shares stake. Ahl Partners Limited Liability Partnership holds 1,795 shares. Therefore 55% are positive. (more...)
China's Industrial Production Slows in August China's Industrial Production Slows in August
- September 14, 2017

Analysts had expected growth of 8.2 percent. China's housing sales growth in August was the slowest in over two years, though developers kept building at a steady rate, official data showed Thursday. Again, however, retail sales rose at a decent clip from a month earlier. Last week, the state assets regulator of central China's Hubei province told companies that have received investment from the provincial government to be cautious about new investments in the property sector and to ... (more...)
Rio Tinto Plc (NYSE:RIO) Traded Above Its 50 Day Average Rio Tinto Plc (NYSE:RIO) Traded Above Its 50 Day Average
- September 14, 2017

Other equities research analysts have also recently issued reports about the company. Taking a deeper look into the technical levels of Rio Tinto PLC (RIO), we can see that the Williams Percent Range or 14 day Williams %R now sits at -45.55. (more...)
Investigation launched: Rathmines fire claims the life of one man Investigation launched: Rathmines fire claims the life of one man
- September 14, 2017

Three people were treated at the scene and taken to St James' Hospital, where the deceased was pronounced dead. The road is now closed with traffic backed up between Harolds Cross and Portobello and cyclists are being advised to avoid the area. (more...)
(IBM) Shares Trading down at $145.56 IBM Pioneers New Approach to Simulate…
- September 14, 2017

The stock increased 0.14% or $0.2 during the last trading session, reaching $145.99. Standpoint Research upgraded International Business Machines Corp. (NYSE:IBM) on Tuesday, August 22 with "Hold" rating . The dividend yield was $4.21. International Business Machines Corporation's payout ratio is now 45.16%. (more...)
Double Z: Zunino homers twice in Mariners' 8-1 win at Texas Double Z: Zunino homers twice in Mariners' 8-1 win at Texas
- September 14, 2017

Leake (3-0) gave up five hits and one run while striking out five and walking in his 5 2/3 innings pitched. "He really threw the ball well tonight". To Segura, too", Perez said. "I don't feel bad". He also saved a run, for the moment, by blocking a Jake Diekman pitch in the dirt with the bases loaded in the seventh. (more...)
What Is Insider Trading Activity Like At The Kraft Heinz Company (KHC)?
- September 14, 2017

Now we will discuss the financial strength of The Kraft Heinz Company. The company's average Piotroski F-Score: 5 during the last 7 years. Vanguard Group Inc. Want to see what other hedge funds are holding KHC? The analysts estimated EPS for the higher end at 0.86 and lower end at 0.7 while the year ago reported earnings per share was 0.88. (more...)
Inventure Foods Inc (SNAK) Shares Soar on Sale of Frozen Foods Business Inventure Foods Inc (SNAK) Shares Soar on Sale of Frozen Foods Business
- September 14, 2017

About 46,277 shares traded. It has underperformed by 20.15% the S&P500. Oregon Potato will acquire the Rader Farms and Willamette Valley Fruit Co. brands from Inventure Foods. New York State Common Retirement Fund reported 30,900 shares. Kcg owns 12,061 shares. 10/31/2013 - Inventure Foods, Inc . had its "positive" rating reiterated by analysts at Northland Securities. (more...)
Tesla to reveal electric truck next month Tesla to reveal electric truck next month
- September 14, 2017

Musk has previously said the Tesla Semi offers "sports car" performance and believes it can outperform a traditional diesel engine. Tesla is the forerunner when it comes to self-driving, so the Tesla Semi truck is not only expected to be running on an electric battery like all other Tesla vehicles, it is also expected to be capable of self-driving. (more...)
Munich Re says hurricanes could mean it misses profit target Munich Re says hurricanes could mean it misses profit target
- September 14, 2017

Germany's Munich Re warned it could miss its profit target this year, the first major reinsurer to flag a hit to earnings from damage caused by hurricanes Harvey and Irma. The combination of the two events is expected to result in high insurance and reinsurance industry losses, Munich Re said, adding that neither it nor the market can quantify the loss at this early stage. (more...)
OPEC Report: Could US Crude Oil Break above the $50 Mark? OPEC Report: Could US Crude Oil Break above the $50 Mark?
- September 14, 2017

US gasoline futures RBc1 extended declines on Thursday as demand was expected to slip due to the effects of Hurricane Irma on Florida and Georgia. "The American Petroleum Institute said that crude stockpiles in the United States increased by 6.2 million barrels in the week ending 8 September to 468.8 million". (more...)
UK Confirms Six-Month Review of Fox's Sky Deal UK Confirms Six-Month Review of Fox's Sky Deal
- September 14, 2017

Yesterday I received letters on behalf of both parties to the merger confirming that while they disagree with my minded-to decision, they would not be making substantive representations in relation to it. However, some fear it would give Rupert Murdoch's family, which controls Fox, too large a presence in the United Kingdom media. The takeover bid would give the US-based Fox full ownership of the European television broadcaster. (more...)
Price Target Analysis TransUnion (TRU)
- September 14, 2017

TheStreet upgraded TransUnion from a "c" rating to a "b-" rating in a research note on Monday, June 26th. Zacks Investment Research downgraded shares of TransUnion (NYSE: TRU ) from a buy rating to a hold rating in a report issued on Saturday morning. (more...)
American Axle & Manufact. Holdings, Inc American Axle & Manufact. Holdings, Inc
- September 14, 2017

Cubist Systematic Strategies, LLC now holds 90,959 shares with a value of $1,419,000. Franco now has $15.70 billion valuation. The stock has actually made sharp losses in the past year, as the company has gathered a -11.48% return in the past twelve months. (more...)
Sensex, Nifty wipe off early gains; Wipro drags IT index Sensex, Nifty wipe off early gains; Wipro drags IT index
- September 14, 2017

BOTH Sensex and Nifty on Wednesday settled nearly at their previous level after early gains were offset by fag-end weakness amid uninterrupted capital outflows by foreign funds. Wipro will assist McLaren with achieving its recently defined IT strategy, focusing on providing next-generation differentiated IT services to its business divisions with an emphasis on agility and improved reliability. (more...)
John Lewis warns cooling consumer demand will hit full-year profits John Lewis warns cooling consumer demand will hit full-year profits
- September 14, 2017

The company, which owns Waitrose as well as its chain of eponymous department stores, posted a 2.2 per cent increase in revenue for the six months to the end of July compared to the same period past year, but suffered a 12.8 per cent fall in operating profit before exceptional items. (more...)