Business


The Walt Disney Company (DIS) The Walt Disney Company (DIS)
- September 19, 2017

The stock rose 1.81% or $0.32 reaching $17.96. About 55,046 shares traded. It has underperformed by 16.70% the S&P500. HighPoint Advisor Group LLC raised its stake in Walt Disney Company (The) by 0.3% in the third quarter. Oakworth Capital Inc has invested 0% in Range Resources Corp. Finally, Heritage Investors Management Corp raised its stake in Walt Disney Company (The) by 2.5% in the third quarter. (more...)
Stephen Colbert Justified Sean Spicer's Emmy Appearance In The Name Of Comedy Stephen Colbert Justified Sean Spicer's Emmy Appearance In The Name Of Comedy
- September 19, 2017

His first " joke " was to reference the initial scandal that made him a household name: blatantly lying that the size of Trump's inauguration crowd was larger than Obama's , despite photographic evidence proving otherwise. "I certainly hope not", Spicer said after a brief pause. Colbert has yet to address the criticism of the Spicer bit; it's likely if he ever does, it will come first via his own show. (more...)
Taco Bell plans to open 300+ stores without drive-thrus Taco Bell plans to open 300+ stores without drive-thrus
- September 19, 2017

Right now, 70 percent of Taco Bell's business comes from drivers. Cities like Detroit, Pittsburgh, Nashville and NY are all likely to get "cantina-style" locations of the taco chain that will showcase local artwork, feature open kitchens and boast digital menu displays. (more...)
Sign Of The Times: Kohl's Will Start Accepting Amazon Returns Sign Of The Times: Kohl's Will Start Accepting Amazon Returns
- September 19, 2017

Jefferies analyst Randal Konik said he expects Kohl's to expand the returns program across its stores. IBD'S TAKE: Read IBD's The Big Picture column each day to stay on top of the market direction, a key indicator that lets you know when you can be aggressive and when you should move to the sidelines . (more...)
Leidos Holdings, Inc. (NYSE:LDOS) Price Target Raised to $64.00 at Argus
- September 19, 2017

The company has market cap of $1.13 billion. About 1.47M shares traded or 51.01% up from the average. Clarivest Asset Management Llc decreased Leidos Hldgs Inc ( LDOS ) stake by 43.47% reported in 2016Q4 SEC filing. Loomis Sayles Co Limited Partnership has 0% invested in Leidos Holdings, Inc. (NYSE:LDOS). Utah Retirement System accumulated 24,098 shares. National Bank Of Ny Mellon Corporation owns 2.80M shares for 0.05% of their portfolio. (more...)
Teva Pharmaceutical Industries Limited (TEVA) Hitting 2.70% Insider Ownership
- September 19, 2017

The company presently has a consensus rating of Hold and an average price target of $31.20. On August 7 Barclays maintained a company rating of "Equal-Weight" and lowered the price expectation to $23.00 from $46.00. 08/22/2017 - Teva Pharmaceutical Industries Limited had its "neutral" rating reiterated by analysts at Mizuho. Next quarter's EPS is estimated at $1.18 and the next full year EPS is anticipated to be $4.01. (more...)
Equifax says 100000 Canadians likely affected by data breach Equifax says 100000 Canadians likely affected by data breach
- September 19, 2017

The credit data company told The Canadian Press that it is working with Canadas privacy watchdog, which announced an investigation into the cyberattack on Friday. "Our focus now is on providing impacted consumers with the support they need". It is also offering Canadians whose data was put at risk free credit monitoring and identity theft protection for the next 12 months, a service offered to USA residents on the day the cyberattack was first announced. (more...)
Norway's sovereign wealth fund passes one trillion dollar mark Norway's sovereign wealth fund passes one trillion dollar mark
- September 19, 2017

Norway first deposited oil and gas profits into the fund in May 1996 and chief executive Yngve Slyngstad said nobody at the time had expected it to hit the trillion dollar mark, calling the growth "stunning". Its largest holdings are in Apple, Nestle, Royal Dutch Shell, Novartis, Microsoft and Alphabet, the owner of Google. 2,5% of the fund is invested in unlisted real estate in cities like Paris, London and NY. (more...)
Licence fees for taxi operators set to rocket Licence fees for taxi operators set to rocket
- September 19, 2017

And there have been calls, including by politicians, to strip Uber of its license in London. Uber's license was asked to not be renewed in a letter from several British lawmakers claiming it to be not a fit and proper operator and also criticized the company's record on safety and working rights. (more...)
Mobile, Sprint merger talks reportedly back on Mobile, Sprint merger talks reportedly back on
- September 19, 2017

Back in May, Softbank CEO Masayoshi Son indicated T-Mobile was his top choice for a Sprint M&A deal , saying the Un-carrier was the most obvious choice in terms of synergy and remained the "first priority" for merger talks. Talks between Sprint and other companies about a merger have been intermittent for years , with no success. The companies declined to comment on the report. (more...)
Shares Picking Up Steam: Bob Evans Farms, Inc. (NASDAQ:BOBE) Shares Picking Up Steam: Bob Evans Farms, Inc. (NASDAQ:BOBE)
- September 19, 2017

American Tower Corp (NYSE:AMT) has risen 23.66% since September 15, 2016 and is uptrending. It has outperformed by 48.63% the S&P500. Bob Evans, which was founded in 1948 in OH, produces and distributes refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen convenience food items under the Bob Evans, Owens, Country Creek and Pineland Farms brands. (more...)
Markets Pause As FOMC Meeting Begins Tuesday
- September 19, 2017

The Fed is widely expected to leave interest rates unchanged this week. With the USA economy growing fast enough to keep unemployment well below half its recession-era peak, the Fed is poised to be the first major central bank to begin pulling back from the final stage of emergency measures post-2008. (more...)
Long Term Growth review of Delta Air Lines, Inc. (NYSE:DAL) Long Term Growth review of Delta Air Lines, Inc. (NYSE:DAL)
- September 19, 2017

Johnson Financial Group Inc decreased Spdr S&P Midcap 400 Etf Trust (MDY) stake by 2,589 shares to 1,955 valued at $590,000 in 2016Q4. Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. (more...)
World Stocks Reach New Peak as Fed-Focused Week Begins World Stocks Reach New Peak as Fed-Focused Week Begins
- September 19, 2017

European stocks are expected to slip modestly at the start of trading Tuesday as global investors pull back from record highs ahead of the first day of the U.S. "Trump is erratic and there have been conflicting signals from people in his administration, but as long as the market is confident the USA approach is going to remain diplomatic, the movement will be away from safe havens", said Jane Foley, senior FX strategist at Rabobank in London. (more...)
Gold steady; markets brace for Fed meeting Gold steady; markets brace for Fed meeting
- September 19, 2017

The next scheduled meeting for the Fed is September 19-20. "What may be more important to keep an eye on is the dot-plot". Note: JPY outright is trading atop of its two-month lows as investors are shaking off risk fears of political threats, but also because there is a public holiday in Japan , which means less liquidity in the market. (more...)
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) closed with a change of 0 Walgreens Boots Alliance, Inc. (NASDAQ:WBA) closed with a change of 0
- September 19, 2017

Loop Capital initiated coverage on Walgreens Boots Alliance in a research note on Thursday, August 24th. Following the transaction, the director now owns 19,151 shares of the company's stock, valued at approximately $1,528,058.29. (NASDAQ:WBA), stock is trading $88.00 above the 52-week high and has displayed a high EPS growth of 5.40% in last 5 years. Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings results on Thursday, January 5th. (more...)
Short Interest in Colgate-Palmolive Company (CL) Drops By 36
- September 19, 2017

Advantage Investment Management LLC increased its position in shares of Colgate-Palmolive by 16.8% in the first quarter. Colgate Palmolive Co now has $63.67B valuation. 87,482 are held by Ww Asset Mgmt. Parametric Portfolio Associates LLC now owns 3,092,033 shares of the company's stock worth $229,212,000 after acquiring an additional 1,353,177 shares during the period. (more...)
Emmy Awards: List of winners Emmy Awards: List of winners
- September 19, 2017

Actor, Comedy Series: Donald Glover, "Atlanta". It was the third win in a row for the HBO series. This marks Lightgow's sixth Emmy . Supporting Actress, Comedy Series: Kate McKinnon, "Saturday Night Live". Lithgow was practically a lock going into the Emmys this year. One of the earliest awards was handed to two-time Tony Award victor John Lithgow for Best Supporting Actor in a Drama Series for his turn as Winston Churchill in Netflix's THE CROWN . (more...)
Tradition Capital Management LLC Increases Holdings in Devon Energy Corporation (DVN)
- September 19, 2017

Stifel Nicolaus maintained the stock with "Buy" rating in Friday, September 1 report. It has underperformed by 16.70% the S&P500. Daiwa Securities Group Inc increased its stake in Wynn Resorts (WYNN) by 254.29% based on its latest 2016Q4 regulatory filing with the SEC. (more...)
S&P, Dow open at record highs
- September 19, 2017

Xinhua reported five of the 11 major S&P sectors ended lower. With no new actions by North Korea over the weekend, investors pushed Europe's main share index to a six-week high. However, the Dow still clocked a closing record for the fifth day in a row while the S&P had a closing record for the second consecutive session. The CBOE Volatility Index (or VIX) measures uncertainty in the market. (more...)
Which insiders are selling Cabot Oil & Gas Corporation (COG)?
- September 19, 2017

The stock declined 0.34% or $0.09 reaching $26.72 per share. Cabot Oil & Gas Corporation's payout ratio is -14.55%. It has underperformed by 15.45% the S&P500. Encompass Cap Advsrs Llc holds 932,500 shares. Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. (more...)
Brookfield Infrastructure Partners LP (NYSE:BIP) Coverage Initiated at BMO Capital Markets
- September 19, 2017

The stock declined 0.17% or $0.06 reaching $32.19 per share. Based on a recent trade, the shares are hovering around $11.00 which, according to analysts, yield significant upside potential to the $18.36 consensus target price. On August 22, 2017 the stock rating was changed to "Neutral" in a report from Credit Suisse which is down from the previous "Outperform" rating. Barclays Capital maintained Brookfield Infrastructure Partners L.P. (more...)
ON Semiconductor Corporation (NASDAQ:ON) VP Paul E. Rolls Sells 10000 Shares
- September 19, 2017

Many research analysts have quite recently published research on CY. BidaskClub upgraded ON Semiconductor Corporation from a "hold" rating to a "buy" rating in a research report on Friday, September 1st. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . The stock was sold at an average price of $16.31, for a total transaction of $40,611.90. (more...)
Adidas Tops Jordan as US Second Most Popular Footwear Brand Adidas Tops Jordan as US Second Most Popular Footwear Brand
- September 19, 2017

Mike Powell, NPD's sports industry analyst, said, "This is an achievement I never thought I would see in my lifetime". Meanwhile, the Jordan brand essentially stayed steady, growing only from 9.4 percent to 9.5 percent year-to-date. Nike Inc (NYSE: NKE ) has been the dominant player in the USA athletic shoe market for decades, but an overseas rival has begun to put a serious dent in its market share. (more...)
Frontier Communications Corpora (NASDAQ:FTR) Experiences Lighter than Average Trading Volume
- September 19, 2017

They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. It closed at $34.25 lastly. Atlanta Grp Inc invested in 36,990 shares or 0.4% of the stock. Auto comes in with a P/S ratio of 0.34 that's below 1, potentially implying that it could be cheap relative to the overall sector (15.09) and its peers (136.54). (more...)
Election: Clinton mulls legal action against Trump Election: Clinton mulls legal action against Trump
- September 19, 2017

The California senator said all Americans should be offended by the "vindictive and candidly risky messages" the president sends. Had it not been for her stunning loss to Donald Trump in the 2016 election, she would be taking her place this week with world leaders at the United Nations general assembly . (more...)
Aston Martin to be Red Bull title sponsor
- September 19, 2017

Aston Martin, a 104-year-old firm whose road cars have become closely associated with fictional British secret agent James Bond, last competed in Formula One in 1960. " We are studying 2021 engine regulation changes and that might provoke us to supply an independent F1 engine if the conditions are appropriate ", Palmer told Auto Express . (more...)
Tesla Inc (TSLA) Downgraded by Goldman Sachs Group, Inc. (The) to Tesla Inc (TSLA) Downgraded by Goldman Sachs Group, Inc. (The) to "Sell"
- September 19, 2017

Da Davidson And has 0.02% invested in Tesla Inc (NASDAQ: TSLA ). It has outperformed by 27.73% the S&P500. TFX's profit will be $90.97 million for 29.57 P/E if the $2.02 EPS becomes a reality. Deutsche Bank maintained it with "Hold" rating and $320 target in Tuesday, September 5 report. Morgan Stanley downgraded Tesla Inc (NASDAQ:TSLA) on Thursday, June 23 to "Equal-Weight" rating. (more...)
Wall Street Ends Strengthening on Higher S&P Index
- September 19, 2017

Futures for the Dow Jones Industrial Average YMZ7, +0.09% inched up by 14 points to 22,313, while those for the S&P 500 index ESZ7, +0.08% climbed 1.05 points to 2,503.75. Rates are forecast to stay on hold, but traders will be looking hints if more hike are coming later in the year.#. "It will be like Fed Chair Janet Yellen has said, like watching paint dry". (more...)
USA and China commit to 'maximising pressure' on North Korea USA and China commit to 'maximising pressure' on North Korea
- September 19, 2017

At the same time, Mattis appeared unwilling to discuss the matter, saying he "will not go into details" about United States military options and that "I don't want to go into that". territory of Guam. Even as tensions rise, the United States and its allies have stuck to a hands-off policy when North Korea test-fires its missiles. (more...)