Business


Rand slightly weaker ahead of rate decisions Rand slightly weaker ahead of rate decisions
- September 21, 2017

Finally, we believe bank stock prices have fully incorporated the benefits of higher interest rates, leaving little upside even if the normalization process happens much faster than we expect. They forecast US economic growth of 2.4% in 2017, a 0.2% increase from the previous projection of 2.2% in June. The index that measures the greenback against a basket of major currencies was 0.1 percent lower and not far from the 2-1/2-year low hit earlier this month. (more...)
NewLink Genetics Corporation (NLNK) Stock Rating Reaffirmed by Cantor Fitzgerald
- September 21, 2017

The Williams %R is a momentum indicator that helps measure oversold and overbought levels. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. The impact of earnings growth is exponential. Wilder laid out the foundation for future technical analysts to further investigate the RSI and its relationship to underlying price movements. (more...)
Colgate Palmolive Co's (NYSE:CL) Sentiment is 0.86 Colgate Palmolive Co's (NYSE:CL) Sentiment is 0.86
- September 21, 2017

On a similar note, analysts expect EPS of $0.73 in September 2017 quarter and $0.77 in December 2017 quarter, representing 0% and 2.67% growth, respectively. Halcon Resources Corporation (NYSE:HK) attracted a lower number of shares in volume with 2.56 million contracts traded on 19-Sep-17. Since May 8, 2017, it had 0 buys, and 6 sales for $5.64 million activity. (more...)
Further growth expected in processing equipment market — EXPO REPORT Further growth expected in processing equipment market — EXPO REPORT
- September 21, 2017

Some key points among them: - Asia-Pacific Field Network Test Equipment Market Competition by Manufacturers Asia-Pacific Field Network Test Equipment Production, Revenue (Value) by Region (2011-2016) Asia-Pacific Field Network Test Equipment Supply (Production), Consumption, Export, Import by Regions (2011-2016) Asia-Pacific Field Network Test Equipment Production, Revenue (Value), Price Trend by Type Asia-Pacific Field Network Test Equipment Market Analysis by Application ... (more...)
ACCC's Federal Court win derails Tabcorp-Tatts merger ACCC's Federal Court win derails Tabcorp-Tatts merger
- September 21, 2017

The Australian Competition and Consumer Commission welcomed the court decision to support its appeal, which was based on a view that a takeover would substantially lessen competition. The tribunal is a court-affiliated body that balances public benefits of proposed transactions against likely detriments, which differs from the ACCC test, which looks more narrowly at whether a merger or acquisition would reduce competition. (more...)
Umpqua Holdings Corporation (NASDAQ:UMPQ) Short Interest Up 33.33% - Shares Trading Up
- September 21, 2017

The SI to Abbott Labs's float is 0.94%. The overall volume in the last trading session was 4.76 million shares. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. (more...)
FedEx shares down after earnings, company pins miss on cyberattack, Hurricane Harvey FedEx shares down after earnings, company pins miss on cyberattack, Hurricane Harvey
- September 21, 2017

FedEx Corporation (NYSE: FDX ) has risen 19.02% since September 20, 2016 and is uptrending. UBS AG reiterated a "buy" rating and set a $235.00 price objective (up previously from $215.00) on shares of FedEx Corporation in a research report on Wednesday, June 21st. (more...)
Which Analysts Are Watching Physicians Realty Trust (NYSE:DOC)?
- September 21, 2017

It has underperformed by 7.14% the S&P500. P-A-W Capital Corp decreased Virtusa Corp (VRTU) stake by 20% reported in 2016Q4 SEC filing. Birch Hill Investment Advisors Llc sold 14,780 shares as Johnson & Johnson (JNJ)'s stock rose 6.85%. Jefferies maintained Stericycle Inc (NASDAQ:SRCL) on Friday, August 11 with "Buy" rating . Jefferies maintained it with "Hold" rating and $99 target in Tuesday, March 15 report. (more...)
Atwood Oceanics, Inc. (ATW) Rating Increased to Buy at ValuEngine Atwood Oceanics, Inc. (ATW) Rating Increased to Buy at ValuEngine
- September 21, 2017

A number of other hedge funds have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its stake in shares of Atwood Oceanics by 92.4% in the 1st quarter. Today, Piper Jaffray Companies reiterated its Hold rating on Atwood Oceanics (NYSE:ATW) with a price target of $9.00. Atwood Oceanics , Inc. (more...)
FedEx results show impact of cyberattack and Hurricane Harvey
- September 21, 2017

Package delivery company FedEx Corp on Tuesday reported a lower-than-expected quarterly net profit due to service disruptions from a cyber attack on its Dutch unit, the impact of Hurricane Harvey and higher costs, and also lowered its full-year earnings forecast. (more...)
AAR Corp. (NYSE:AIR) Experiences Light Trading Volume AAR Corp. (NYSE:AIR) Experiences Light Trading Volume
- September 21, 2017

News articles about AAR Corp . As of quarter end Ubs Group Ag had bought 372 shares growing its stake by 79.7%. Neuberger Berman Group LLC now owns 23,129 shares of the aerospace company's stock worth $778,000 after buying an additional 4,971 shares in the last quarter. (more...)
Teradata Corporation (NYSE:TDC) Under Analyst Spotlight
- September 21, 2017

On July 28 BMO Capital held the company rating at "Market Perform" and lowered the price target to $32.00 from $50.00. BidaskClub cut Teradata Corporation from a "buy" rating to a "hold" rating in a research note on Friday, August 11th. Teradata Corporation's revenue for the quarter was down 14.4% on a year-over-year basis. ILLEGAL ACTIVITY WARNING: This report was published by TrueBlueTribune and is owned by of TrueBlueTribune. (more...)
Mylan NV (MYL) Shares Bought by BlackRock Inc
- September 21, 2017

With 10,200 avg volume, 46 days are for Supercom Limited Ord Israel (NASDAQ:SPCB)'s short sellers to cover SPCB's short positions. They now have a Dollars 32 price target on the stock. 781,717 shares or 148.35% more from 314,763 shares in 2016Q3 were reported. Baird Financial Group, Inc. grew its investment by buying 5,741 shares an increase of 0.8% from 03/31/2017 to 06/30/2017. (more...)
To Buy Or Sell Carnival Corporation (NYSE:CCL) On Latest Analyst Consensus
- September 21, 2017

It has outperformed by 7.42% the S&P500. According to the latest research reports released, 10 analysts have issued a rating of "buy", 5 analysts "outperform", 9 analysts "hold", 1 analysts "underperform" and 0 analysts "sell". Eight analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. Therefore 62% are positive. (more...)
US Stocks Hit Records Again in Quiet Trading Session US Stocks Hit Records Again in Quiet Trading Session
- September 21, 2017

U.S. stocks are slightly higher, helped by gains in financial, technology and telecom stocks, but indexes traded in a narrow range as investors stayed away from making major bets ahead of the outcome of the Federal Reserve's policy meeting. (more...)
United Kingdom retailer installs 'world's first' finger vein payment system United Kingdom retailer installs 'world's first' finger vein payment system
- September 21, 2017

Instead of reading your fingerprint, however, the technology uses the unique pattern of veins underneath the skin on the fingertip. Customers who register to associate their vein signature with their bank card can use their finger to make payments in three seconds. (more...)
IT dept. raids Cafe Coffee Day premises IT dept. raids Cafe Coffee Day premises
- September 21, 2017

The raids are being conducted on the premises of VG Siddhartha who is SM Krishna's son-in-law and owner of Cafe Coffee Day, reports ANI . Reacting to the news, shares of Cafe Coffee Day fell 4.5 percent to Rs 230.40 on the Bombay Stock Exchange. (more...)
Wall St little changed ahead of Fed's policy meeting Wall St little changed ahead of Fed's policy meeting
- September 21, 2017

On the economic front, U.S. privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,180,000, beating market consensus, the Commerce Department reported on Tuesday. The sector has risen in seven of the last eight sessions, clocking a 6 percent rise in that time. On the Nasdaq , 1,401 issues rose and 1,381 fell. Bond prices fell Tuesday, sending the yield on the 10-year Treasury note up to 2.25 percent from 2.23 percent late Monday. (more...)
Southwest Airlines Company (LUV) Shares Bought by Stephens Inc. AR
- September 21, 2017

AJO LP owned about 0.09% of Southwest Airlines worth $34,310,000 at the end of the most recent reporting period. On Tuesday, May 23 Jordan Robert E sold $912,148 worth of Southwest Airlines Co (NYSE:LUV) or 15,273 shares. Ngam Advisors L P invested in 0.05% or 88,474 shares. The dividend was $0.100 per share for the quarter which comes to $0.40 on an annualized basis. The ex-dividend date was Tuesday, August 22nd. (more...)
Existing Home Sales Continue to Drop in August Existing Home Sales Continue to Drop in August
- September 21, 2017

Sales of existing single-family homes in Maine increased by 6.4 percent in August compared with a year earlier, according to a report issued Wednesday by Maine Listings. Sales in the Northeast and the Midwest rose, while those in the West fell. The share of first-time buyers declined to 31 percent of the market, down from 33 percent in July and the lowest mark since last August. (more...)
Mylan NV (MYL) Position Held by KBC Group NV
- September 21, 2017

The Company develops, licenses, manufactures, markets and distributes generic and branded generic products for resale by others; specialty pharmaceuticals, and active pharmaceutical ingredients (APIs). Argus dropped Mylan N.V. from a "buy" recommendation to a "hold" recommendation and dropped the price objective for The corporation from $47.59 to $29.39 in a note on Tue, Aug 22nd. (more...)
Envision Healthcare Corporation (EVHC) Earning Somewhat Favorable Press Coverage, Analysis Finds
- September 21, 2017

Neuberger Berman Group LLC owned about 0.49% of Envision Healthcare Corporation worth $36,323,000 at the end of the most recent reporting period. JPMorgan Chase & Co. Envision Healthcare Holdings had 53 analyst reports since August 3, 2015 according to SRatingsIntel. Over the last five days, shares have faced -14.28% losses and now is down -29.11% since hitting its 200-day moving average of $57.4. (more...)
Intel Corp (NASDAQ:INTC) Institutional Investor Sentiment Intel Corp (NASDAQ:INTC) Institutional Investor Sentiment
- September 21, 2017

Looking into last 5 trades, the stock observed a return of nearly 3.16%. The investment managers in our partner's database now hold: 3.02 billion shares, up from 2.97 billion shares in 2016Q3. Finally, Stockman Wealth Management Inc. boosted its position in shares of Intel Corporation by 2.3% during the first quarter. Kornitzer Capital Ks accumulated 1.87M shares or 1.27% of the stock. (more...)
Pac-west Telecomm Inc (NASDAQ:PACW) Sentiment Report Pac-west Telecomm Inc (NASDAQ:PACW) Sentiment Report
- September 21, 2017

It has outperformed by 42.44% the S&P500. More news for PacWest Bancorp (NASDAQ: PACW ) were recently published by: Nasdaq.com, which released: "PacWest Bancorp is Now Oversold (PACW)" on August 17, 2017. Minnesota-based Ameriprise has invested 0% in Heritage-Crystal Clean, Inc. Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.08, from 0.99 in 2016Q3. (more...)
BSW Wealth Partners Sells 3265 Shares of Coca-Cola Company (The) (NYSE:KO) BSW Wealth Partners Sells 3265 Shares of Coca-Cola Company (The) (NYSE:KO)
- September 21, 2017

It has outperformed by 19.15% the S&P500. The correct version of this report can be read at https://www.truebluetribune.com/2017/09/20/bsw-wealth-partners-has-1-18-million-holdings-in-coca-cola-company-the-ko.html. On Thursday, March 10 the stock rating was maintained by RBC Capital Markets with "Outperform". On Friday, September 16 the stock rating was initiated by Credit Suisse with "Neutral". (more...)
#GiveADamn: Budweiser, Lyft giving free rides in Philly to combat drunk driving #GiveADamn: Budweiser, Lyft giving free rides in Philly to combat drunk driving
- September 21, 2017

Throughout late 2016, Lyft and Budweiser ran a partnership aimed at keeping drivers off the road when they've had too much to drink. Lyft users that are at least 21 years old can claim two $10 one-way ride credits to use Thursdays through Saturdays between 5 p.m. (more...)
Dow, S&P 500 close at new records in NY Dow, S&P 500 close at new records in NY
- September 21, 2017

Restaurant chains and specialty retailers were among the biggest gainers. Several packaged food companies also declined. Bond prices fell, sending yields higher. Sales were hurt by a worsening shortage of homes for sale, a trend exacerbated by the damage caused by Hurricane Harvey's strike on Texas and Louisiana last month. (more...)
Markets subdued ahead of Fed policy decision
- September 21, 2017

Financial markets are largely subdued as investors remain cautious ahead of the Federal Reserve's announcement of its monetary policy meeting. Hong Kong's Hang Seng index added 0.3 percent to 28,117.50. Japan's Nikkei stock index ended two per cent higher after touching its highest levels since late June, catching up to global equities gains and a weaker yen as Tokyo markets reopened after a public holiday on Monday. (more...)
Dow rallies to 6th Straight Record Close as Fed Meeting Kicks-off
- September 21, 2017

The Nasdaq Composite Index, meanwhile, ended down 5.28 points, or less than 0.1%, at 6,456.94. Financials, mostly banks , strong start to the week continued to push the major averages higher amid expectations that the Federal Reserve will reaffirm its outlook that an additional rate hike remains appropriate this year, when it concludes its two-meeting policy meeting on Wednesday. (more...)
Analysts Near-Term outlook: Jones Energy, Inc. (JONE), FuelCell Energy, Inc. (FCEL)
- September 21, 2017

This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. Usually the RSI is considered overbought when above 70 and oversold when less than 30. MEIP's latest closing price was 34.42% away from the average-price of 200 days while it maintained a distance of -4.67% from the 50 Day Moving Average and -0.45% away compared to its SMA 20. (more...)