Business


GOP Tax Plan Would Save Americans an Average $1600 on 2018 Return GOP Tax Plan Would Save Americans an Average $1600 on 2018 Return
- September 30, 2017

Taxpayers in the bottom 95 percent would see tax cuts averaging 1.2 percent of after-tax income or less next year. The analysis shows that the elimination of state and local tax deductibility will mean that 3.3 million NY taxpayers would see their federal income tax liability increase by $17.5 billion. (more...)
Sector Highlights- MannKind Corporation (NASDAQ:MNKD), SeaDrill Limited (NYSE:SDRL)
- September 30, 2017

ATR value of company was 0.18 and Relative Strength Index (RSI) was 60.50. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. Over the past 50 days, MannKind Corporation stock's -5.53% off of the high and 104.61% removed from the low. Moving averages can help spot trends and price reversals. (more...)
Suntrust Banks Inc. Has $2.93 Million Holdings in Ross Stores, Inc. (ROST)
- September 30, 2017

The Smead Capital Management Inc holds 722,449 shares with $124.43 million value, down from 739,393 last quarter. Amgen Inc now has $134.89 billion valuation. ROST's profit will be $258.37 million for 23.78 P/E if the $0.67 EPS becomes a reality. For the past 5 years, Office Depot, Inc.'s EPS growth has been almost 36.3%. (more...)
$275.35 Million in Sales Expected for Rowan Companies PLC (RDC) This Quarter
- September 30, 2017

About 8.32M shares traded. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy Rowan Companies plc (NYSE: RDC ). Analysts await Old Line Bancshares, Inc. Analysts on a consensus basis are expecting that the stock will reach $33.7 within the year. Currently, 0.20% shares of Aetna Inc . (more...)
Western Digital Corporation - WDC - Stock Price Today
- September 30, 2017

On average, equities research analysts forecast that Western Digital Corporation will post $12.34 EPS for the current fiscal year. A number of institutional investors have recently made changes to their positions in WDC . The company maintains price to book ratio of 2.21. The disclosure for this sale can be found here. Investors mark this stock "active" as it exchanged hands with 1,568,566 shares contrast to its average daily volume of 4.29M shares. (more...)
Weather Authority: Cooler and Breezy Weather Authority: Cooler and Breezy
- September 30, 2017

Any morning fog will clear by mid-morning and then the sun will shine the sky a bright blue. Overnight lows are going to dip back into the upper 50s for most spots. On Monday , another heat record was broken by a single degree. Pretty nice weather remains on track. There's plenty of sunshine, and a slow moderation in temperatures. (more...)
Unbiased Equity Research: Independence Realty Trust, Inc. (IRT), Cisco Systems, Inc. (CSCO) Unbiased Equity Research: Independence Realty Trust, Inc. (IRT), Cisco Systems, Inc. (CSCO)
- September 30, 2017

The average daily volatility for the week was at 1.7%, which was -0.33 lower than that in the past month. About 355,364 shares traded. During the past six months, Digital Realty Trust, Inc. for 410,275 shares. State Of Tennessee Treasury Department reported 0% stake. Balyasny Asset Mngmt Limited Company holds 1.14M shares. Among 3 analysts covering Independence Realty Trust ( NYSEMKT:IRT ), 2 have Buy rating , 0 Sell and 1 Hold. (more...)
Tyson Foods to eliminate jobs from corporate offices Tyson Foods to eliminate jobs from corporate offices
- September 30, 2017

Tyson Foods, Inc . has a 1-year low of $55.72 and a 1-year high of $76.93. The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. Allianz Asset Management AG now owns 3,336,109 shares of the company's stock valued at $205,770,000 after buying an additional 348,317 shares during the last quarter. (more...)
Procter & Gamble Company (The) (NYSE:PG) Quarterly Analytical Analysis
- September 30, 2017

It has underperformed by 9.16% the S&P500. The institutional investor owned 12,099 shares of the company's stock after selling 33 shares during the period. RBC Capital Markets maintained Procter & Gamble Co (NYSE:PG) rating on Tuesday, September 5. Bank of America maintained it with "Buy" rating and $100 target in Tuesday, September 19 report. (more...)
Elon Musk Just Made A Huge Mars Announcement Elon Musk Just Made A Huge Mars Announcement
- September 30, 2017

In a SpaceX video that breaks down the idea, commuters in New York City use SpaceX's upcoming mega-rocket (nicknamed " Big F-king Rocket") to enter the Earth's orbit, separates into a smaller ship, and blast towards Shanghai. The BFR's third objective was said to be letting people travel across Earth in half an hour, cutting the time required in flights. SpaceX plans its first trip to the red planet in 2022, carrying only cargo, to be followed by a manned mission in 2024. (more...)
Long-term mortgage rates unchanged: 30-year at 3.83 percent Long-term mortgage rates unchanged: 30-year at 3.83 percent
- September 30, 2017

The shorter term, popular 15 year loan interest rates have been offered at 3.5% at the bank and an April of 3.648%. The average contract interest rate for 15-year fixed-rate mortgages increased to 3.38 percent from 3.35 percent, with points decreasing to 0.40 from 0.44 (including the origination fee) for 80 percent LTV loans. (more...)
Newest Michigan State football commitment Elijah Collins is sold on Mark Dantonio Newest Michigan State football commitment Elijah Collins is sold on Mark Dantonio
- September 30, 2017

Collins is the No. 57 ranked running back in the nation, per 247 Sports. The Hawkeyes' Josey Jewell had eight tackles in the game that handed Iowa its first taste of defeat in 13 games that season. "Ever since coach Dantonio got there, they've had a certain way they do things and it's been really successful for them". "At Michigan State, it was like four to five coaches". (more...)
Traders Buy International Business Machines Corporation (IBM) on Weakness Traders Buy International Business Machines Corporation (IBM) on Weakness
- September 30, 2017

International Business Machine now has $135.31 billion valuation. Stocks of global firm Machines Corporation (IBM) transacted up 0.003% through out intraday market trading on Early Thur, reaching $145.665. 5,894 shares were sold by MUNOZ GEORGE, worth $612,672. 3,800 shares were sold by Kyriakidis Argiris, worth $391,172 on Thursday, May 11. The target implies a 7.06% spike from where the shares are now trading. (more...)
Louisiana-Pacific Corporation (NYSE:LPX) Stock Sees The Needle Move -4.78%
- September 30, 2017

WFG Advisors LP now owns 13,950 shares of the construction company's stock worth $336,000 after purchasing an additional 1,500 shares during the period. COPYRIGHT VIOLATION NOTICE: This piece was originally published by BBNS and is the sole property of of BBNS. The correct version of this article can be viewed at https://stocknewstimes.com/2017/09/29/louisiana-pacific-corporation-lpx-getting-somewhat-positive-media-coverage-analysis-shows.html. (more...)
Barrick Gold Corporation (ABX) Earning Somewhat Positive News Coverage, Study Shows Barrick Gold Corporation (ABX) Earning Somewhat Positive News Coverage, Study Shows
- September 30, 2017

The hedge fund run by Jeffrey Jay held 243,800 shares of the health care company at the end of 2017Q2, valued at $19.42 million, down from 300,000 at the end of the previous reported quarter. Amp Capital Limited reported 489,664 shares stake. Continental Advisors Llc acquired 50,000 shares as Barrick Gold Corp (Call) ( ABX)'s stock declined 17.45%. (more...)
Wal-Mart Stores' (WMT) Buy Rating Reiterated at KeyCorp Wal-Mart Stores' (WMT) Buy Rating Reiterated at KeyCorp
- September 30, 2017

Blair William And Il owns 313,919 shares for 0.18% of their portfolio. With a series of technology initiatives and a range of products, including the private label offerings, the company is well-positioned to defend its market share. About 833,539 shares traded. Finally, OLD Second National Bank of Aurora boosted its holdings in Wal-Mart Stores by 14.0% in the second quarter. It has underperformed by 2.87% the S&P500. (more...)
Ohio's minimum wage to increase in January 2018: Here's how much more Ohio's minimum wage to increase in January 2018: Here's how much more
- September 30, 2017

A scheduled increase in Manitoba's minimum wage will take effect this weekend. Montana Department of Labor attributes the decrease in minimum wage workers to a low unemployment rate, due to an aging workforce and not enough young workers in the state. (more...)
Critics say Trump tax plan could hurt New Yorkers Critics say Trump tax plan could hurt New Yorkers
- September 30, 2017

Most significantly, the policy would remove the federal deduction on state and local taxes, effectively dealing a "death blow" to the 3.2 million NY residents who now claim that deduction, according to Governor Cuomo. "How a Republican congressperson from the State of NY could be supporting efforts that drive a stake through the heart of their own district is reprehensible to me". (more...)
$-0.31 EPS Expected for EXACT Sciences Corporation (EXAS)
- September 30, 2017

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $5.41B. Vetr downgraded shares of Exact Sciences Corporation from a "hold" rating to a "sell" rating and set a $34.70 price objective for the company.in a report on Wednesday, July 12th. (more...)
Beleaguered credit agency promises new, free service Beleaguered credit agency promises new, free service
- September 30, 2017

Vowing aggressive action in response to the massive Equifax data breach , a panel of NY lawmakers gathered Thursday to hear from consumer advocates and financial services firms alike about the best ways to safeguard sensitive information and prevent cyberattacks. (more...)
Groupon, Inc. (GRPN) Rating Increased to Strong-Buy at Vetr Inc
- September 30, 2017

Finally, ValuEngine downgraded shares of Groupon from a "hold" rating to a "sell" rating in a research report on Friday, June 2nd. Vetr raised shares of Groupon from a "hold" rating to a "strong-buy" rating and set a $6.58 target price on the stock in a research note on Monday. (more...)
Revenue Approximations Analysis: Tesla, Inc. (TSLA), Praxair, Inc. (PX) Revenue Approximations Analysis: Tesla, Inc. (TSLA), Praxair, Inc. (PX)
- September 29, 2017

The Sigma Planning Corp holds 5,223 shares with $1.89M value, up from 2,517 last quarter. Energy Fuels Inc (USA) (NYSEMKT:UUUU) has declined 22.22% since September 28, 2016 and is downtrending. Therefore 37% are positive. Analyst fixed "neutral" recommendation and a $357.00 price objective on the shares. UBS maintained it with "Sell" rating and $18500 target in Thursday, August 3 report. (more...)
Fed fines HSBC $175 for chatroom chatter Fed fines HSBC $175 for chatroom chatter
- September 29, 2017

HSBC spokesman Robert Sherman said the company is "pleased to have resolved the matter". The agreement, due to expire this year, requires the bank to cooperate with USA law enforcement and avoid further violations or risk seeing reinstated charges linked to money laundering. (more...)
Stock under Analysts Radar: Brookdale Senior Living Inc. (BKD)
- September 29, 2017

The target implies a -100% decrease from where the shares are now trading. (NYSE: BKD ) has declined 20.75% since September 28, 2016 and is downtrending. Finally, Jefferies Group LLC reissued a "hold" rating and set a $14.00 price target on shares of Brookdale Senior Living in a research report on Tuesday, February 14th. (more...)
BC government adds $50K to province's effort to win Amazon's new headquarters BC government adds $50K to province's effort to win Amazon's new headquarters
- September 29, 2017

The B.C. provincial government says it's contributing $50,000 to Metro Vancouver's effort to woo Amazon to build its second headquarters in the city. Our province is hardly alone in pursuit of this. offers". Deloitte has been chosen to put together a formal regional bid proposal, which is to be submitted to Amazon by October 19. "The timing in Langford is flawless", Young said earlier this month. (more...)
Genuine Parts Company (NYSE:GPC) Steadying Above Moving Averages Genuine Parts Company (NYSE:GPC) Steadying Above Moving Averages
- September 29, 2017

The firm has "Equal-Weight" rating given on Wednesday, September 13 by Morgan Stanley. The stock of Genesco Inc. The stock has "Hold" rating by Canaccord Genuity on Tuesday, September 22. On Thursday, July 20 the stock rating was maintained by RBC Capital Markets with "Hold". The firm has "Hold" rating given on Thursday, October 15 by BB&T Capital. (more...)
Bombardier enters into a firm purchase agreement with SpiceJet Bombardier enters into a firm purchase agreement with SpiceJet
- September 29, 2017

Based on list prices, the order is valued at up to $1.7 billion. Including SpiceJet's order, Bombardier has recorded firm orders for a total of 610 Q400 aircraft. According to Bombardier, the Q series is very popular in the Australasia region - the fastest growing regional aviation market - with more than 240 in service or on order by over 45 carriers and others. (more...)
Bombardier's C Series jet focus of yet another trade dispute Bombardier's C Series jet focus of yet another trade dispute
- September 29, 2017

May took to Twitter to vow she'd work with the Montreal-based company to protect jobs. On the same week that Bombardier learned it could face stiff duties for selling its C Series jet into the US, the World Trade Organization has agreed to look into a separate complaint the jet maker has received unfair subsidies from Canada. (more...)
Citizens Financial Group Inc (CFG) Receives "Neutral" Rating from Piper Jaffray Companies
- September 29, 2017

It has outperformed by 34.26% the S&P500. MercadoLibre, Inc.is an e-commerce company. The stock has a market cap of $18.52B and the number of outstanding shares has been calculated 499.57M. Therefore 42% are positive. Citizens Financial Group, Inc is a retail bank holding company. Zacks Investment Research upgraded shares of Citizens Financial Group, Inc . (more...)
Crescent Point Energy Corporation (CPG) Receiving Somewhat Favorable News Coverage, Analysis Finds
- September 29, 2017

The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. When we look at the Volatility of the company, Week Volatility is at 3.70% whereas Month Volatility is at 3.68%. (more...)