Business


Cliffs Natural Resources Inc. (CLF) Rating Reiterated by Cowen and Company
- August 10, 2017

Finally, Nationwide Fund Advisors boosted its stake in shares of Cliffs Natural Resources by 61.7% in the first quarter. Chartwell Investment Partners LLC now owns 100,000 shares of the mining company's stock worth $692,000 after buying an additional 20,000 shares in the last quarter. (more...)
Applied Materials Target of Unusually High Options Trading (AMAT)
- August 10, 2017

The rating was upgraded by CLSA on Tuesday, January 19 to "Buy". This research report and rating ought to be used to complement individual research and plans. Finally, Calamos Wealth Management LLC boosted its stake in Applied Materials by 6.2% in the second quarter. Rdl Incorporated invested in 0.17% or 7,710 shares. (more...)
Nationstar Mortgage Holdings Inc. (NYSE:NSM) Valuation According To Analysts
- August 10, 2017

About 95,373 shares traded. Independent Bank Corp (NASDAQ:INDB) has risen 30.83% since August 9, 2016 and is uptrending. It has underperformed by 15.28% the S&P500. Analysts await Fastenal Company (NASDAQ:FAST) to report earnings on October, 10. They expect $0.50 earnings per share , up 13.64% or $0.06 from last year's $0.44 per share. (more...)
Freightcar America, Inc. (NASDAQ:RAIL) Sees Significantly Higher Trading Volume
- August 10, 2017

Teachers Advisors LLC now owns 15,913 shares of the transportation company's stock valued at $721,000 after buying an additional 3,449 shares during the last quarter. Currently, the 14-day ADX for FreightCar America Inc (RAIL) is sitting at 19.84. Stockholders of record on Thursday, August 17th will be given a $0.09 dividend. (more...)
Gradient Investments LLC Acquires Shares of 134707 Foot Locker, Inc. (FL)
- August 10, 2017

TX lowered its stake in Foot Locker, Inc . (NYSE:FL) for 1.13M shares. (NYSE:FL). Louisiana State Employees Retirement Sys reported 0.03% in Foot Locker , Inc. On the other side, sales forecasts for the current quarter are $1.96 Billion. The Company operates through two segments: Athletic Stores and Direct-to-Customers. (more...)
BB&T Corp Increases Stake in Fortune Brands Home & Security, Inc. (FBHS)
- August 10, 2017

Insiders sold 153,265 shares of company stock worth $9,778,418 over the last quarter. Fortune Brands Home & Security's payout ratio is 25.35%. It last trading capacity has been watched at 1.46 million shares and 0.92 million shares are explored as seeing the average capacity of last three months trading period. (more...)
Mimecast Limited (MIME) Given "Outperform" Rating at Oppenheimer Holdings, Inc
- August 10, 2017

Columbus Circle Investors increased its position in shares of Mimecast Limited by 21.0% in the first quarter. One investment analyst has rated the stock with a sell rating , one has assigned a hold rating and thirteen have issued a buy rating to the company's stock. (more...)
SNS Financial Group LLC Buys 3533 Shares of UnitedHealth Group Incorporated (UNH)
- August 10, 2017

Unitedhealth Group Inc now has $188.61 billion valuation. The stock rose 0.96% or $0.54 reaching $56.98 per share. About 1.07M shares traded. Equities analysts expect that UnitedHealth Group Incorporated will post $9.87 earnings per share for the current year. (more...)
Cypress Capital Management LLC Boosts Position in United Technologies Corporation (UTX)
- August 10, 2017

Stifel Nicolaus upgraded Materion Corp (NYSE:MTRN) on Thursday, August 27 to "Hold" rating. As per Friday, July 29, the company rating was maintained by Benchmark. Moreover, Savings Bank Of Stockton has 0.58% invested in United Technologies Corporation (NYSE:UTX) for 11,081 shares. Tortoise Investment Management LLC raised its stake in shares of United Technologies Corporation by 2.7% in the fourth quarter. (more...)
Altice Weighing Offer for Charter Communications Altice Weighing Offer for Charter Communications
- August 10, 2017

Shares of Charter rose 2.9 percent to close at $400.90 after the news, first reported by CNBC. Altice USA Inc ( ATUS.N ) shares were up 4 cents at $31.09. After buying Cablevision for $17.7 billion past year to become the 4th largest cable provider in the country, Altice USA could rise to number 3 with an acquisition of Charter, only behind Time Warner and Comcast. (more...)
Norges Bank Adjusts Its Stake in Phillips 66 (PSX) Stock
- August 10, 2017

Phillips 66 Partners (NYSE: PSXP ) last announced its earnings results on Tuesday, August 1st. It has underperformed by 97.33% the S&P500. Frank Slattery decreased its stake in Yelp Inc (YELP) by 84.67% based on its latest 2016Q4 regulatory filing with the SEC. (more...)
Yandex NV (YNDX) Shares Sold by Howland Capital Management LLC
- August 10, 2017

WARNING: "Yandex N.V. (YNDX) Shares Gap Down After Earnings Miss" was published by TheOlympiaReport and is owned by of TheOlympiaReport. Several hedge funds have recently added to or reduced their stakes in YNDX. Yandex N.V. The company has a market cap of $9.97 billion, a P/E ratio of 38.90 and a beta of 2.86. Yandex N.V. has a 52-week low of $17.28 and a 52-week high of $32.44. (more...)
The American Airlines Group, Inc. (NASDAQ:AAL) Cut to Hold at BidaskClub The American Airlines Group, Inc. (NASDAQ:AAL) Cut to Hold at BidaskClub
- August 10, 2017

The institutional investor held 62,600 shares of the transportation company at the end of 2016Q4, valued at $2.92M, down from 81,600 at the end of the previous reported quarter. This represents a $0.40 annualized dividend and a yield of 0.79%. LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and worldwide ... (more...)
Lights Out on Cruise Ship in Pirate Waters Lights Out on Cruise Ship in Pirate Waters
- August 10, 2017

A spokesperson for the cruise line, who was not named, told The Telegraph: "Any measures aboard Sea Princess were simply taken out of an abundance caution and not in response to a specific threat and are common to worldwide shipping sailing in the region". (more...)
Toshiba auditor to split opinion on finances, governance
- August 10, 2017

Sources, however, have said that PwC will give an "adverse opinion" on Toshiba's internal controls in an annual report due to be filed later on Thursday. But negotiations with its preferred bidder have stalled, forcing the Japanese company to miss a self-imposed deadline to seal a deal. A legal row with its joint venture partner Western Digital Corp., which is fiercely opposed to any sale without its consent, also lingers over the sale process. (more...)
Watchdog accuses auto companies of ripping off new vehicle buyers Watchdog accuses auto companies of ripping off new vehicle buyers
- August 10, 2017

In a draft report on the industry, the ACCC says that the typical statements found in many new vehicle service manuals that state that warranties will only be valid if the auto is serviced by an "authorised" mechanic potentially violate the Australian Consumer Law (ACL). (more...)
Acquires New Stake in Dominion Diamond Corporation (NYSE:DDC)
- August 10, 2017

PSquared Asset Management AG purchased a new position in shares of Dominion Diamond Corporation during the second quarter worth $34,907,000. The stock's 50 day moving average price is $16.89 and its 200 day moving average price is $15.38. (more...)
Merck & Company, Inc. (MRK) Shares Gap Up Following Better-Than-Expected Earnings
- August 10, 2017

Shares of Merck & Company, Inc. Bath Savings Trust Co now owns 5,427 shares of the company's stock valued at $348,000 after buying an additional 28 shares in the last quarter. Therefore 50% are positive. Citigroup Inc. had 78 analyst reports since July 21, 2015 according to SRatingsIntel. CLSA downgraded the stock to "Sell" rating in Monday, May 9 report. (more...)
Amazon to start food retail biz in India this Diwali Amazon to start food retail biz in India this Diwali
- August 10, 2017

The food retailing market in India is set to hot up with Amazon planning its national debut into online food retailing during the Diwali season. The e-commerce giant might also launch a private label in near future to market local produce and packaged food products from third parties. (more...)
Fire & Fury? Dow Drops 55 Points as North Korea Fears Sink Stocks Fire & Fury? Dow Drops 55 Points as North Korea Fears Sink Stocks
- August 10, 2017

The Dow Jones Industrial Average .dji ended down 33.08 points, or 0.15 percent, at 22,085.34, snapping a 9-day streak of closing records. The market slide accelerated slightly in the last half-hour of trading as President Donald Trump denounced North Korea's nuclear program. (more...)
(IVZ) Shares now down at $34.57 Invesco Ltd. Announces July 31, 2017…
- August 10, 2017

Stockholders of record on Thursday, August 17th will be issued a $0.29 dividend. Northern Trust owns 19,546 shares or 0% of their USA portfolio. Invesco Ltd now has $14.25B valuation. WARNING: This news story was first posted by Week Herald and is owned by of Week Herald. Wynn Resorts Ltd (NASDAQ:WYNN) was reduced too. Since May 2, 2017, it had 0 insider purchases, and 1 insider sale for $1.94 million activity. (more...)
Fearing nuclear winter, investors bought Swiss francs Fearing nuclear winter, investors bought Swiss francs
- August 10, 2017

Falls of just 0.3% were recorded by both the Dow Jones industrial average and the more broad-based S&P 500 in early trading. The sell off in stocks and flight to safety gathered pace in early European trade as the already cool relationship between the USA and North Korea turned icy following hard-nosed rhetoric from both nations. (more...)
Walmart markets guns as back-to-school items Walmart markets guns as back-to-school items
- August 10, 2017

It's back-to-school season, which means young people are getting outfitted and stocking up on supplies for the new academic year. "What are you suggesting", wrote user @ZijZ . "This REALLY isn't acceptable", the company tweeted . "We are very sorry", it said to another. He said that his colleagues are now "looking into how this could have happened" but have not yet pinpointed where the offensive sign was put up or when it was greeting customers. (more...)
India to Start Exporting to Afghanistan Via Chabahar in 2 Weeks India to Start Exporting to Afghanistan Via Chabahar in 2 Weeks
- August 10, 2017

India's July imports from Iraq are also almost 50 percent higher than volumes imported in the same month previous year, the data showed. For the new cabinet, President Hassan Rouhani on Tuesday proposed the reappointment of Zageneh as the oil minister who is known for his no-nonsense approach. (more...)
Gold Settles In The Red, Weighed By Dollar's Gain Gold Settles In The Red, Weighed By Dollar's Gain
- August 10, 2017

Overall, gold has only seen modest moves over the past few trading sessions trading in a relatively tight range of between $1,250 and $1,280 an ounce over the past few weeks. The ICE U.S. Dollar Index DXY, +0.25% a gauge of the buck against a half-dozen currency rivals, pivoted higher late morning in NY after an upbeat report on employment. (more...)
Dow streak of records ends amid US-North Korea tensions
- August 10, 2017

Gold was the big victor Wednesday as stocks pared back to moderate losses and Walt Disney (DIS) dragged on the Dow , while Netflix ( NFLX ) and Priceline Group (PCLN) hindered the Nasdaq and retailers took some brutal hits after reporting second-quarter results. (more...)
Bristol-Myers Squibb Company (BMY) Shares Sold by Bennicas & Associates Inc Bristol-Myers Squibb Company (BMY) Shares Sold by Bennicas & Associates Inc
- August 10, 2017

The share price as presented is an accounting quirk resulting from the total outstanding shares a company's board of directors has permitted to exist through its use of things such as stock splits. On average, equities analysts anticipate that Bristol-Myers Squibb will post $2.97 earnings per share for the current fiscal year. As per Thursday, July 27, the company rating was maintained by Leerink Swann. (more...)
Disney's $177M litigation disclosure likely relates to BPI suit Disney's $177M litigation disclosure likely relates to BPI suit
- August 10, 2017

BPI attorney Dan Webb said that based on the disclosure, it appears Disney is funding $177 million of the settlement and insurers are "paying the rest". However, a BPI spokesman told FOX Business at the time that company officials were "extraordinarily pleased" with the settlement. ABC called the settlement "amicable resolution". (more...)
Crown Castle International Corporation (CCI) Given Consensus Recommendation of "Buy" by Analysts
- August 10, 2017

It is down 119.25% since August 9, 2016 and is uptrending. It has outperformed by 14.75% the S&P500. Finally, Advisory Services Network LLC purchased a new stake in Crown Castle International Corporation during the first quarter worth approximately $165,000. (more...)
USA stocks retreat on escalating North Korean tensions USA stocks retreat on escalating North Korean tensions
- August 10, 2017

But by the end of the day, traders appeared to take the geopolitical drama in stride. Wells Fargo still ended up 0.3 per cent at $52.71. The Nasdaq composite fell 13.31 points, or 0.2 percent, to 6,370.46. The stock lost $4.15 to $102.83. Viacom slid 60 cents, or 1.9 percent, to $30.17. The company booked a hefty charge and said its CFO is leaving the company. (more...)