Business


Methanex Corporation (NASDAQ:MEOH) Shares Gap Down Following Weak Earnings
- August 10, 2017

BB&T Corp raised its stake in Methanex Corporation by 0.3% in the second quarter. Vanguard Group Inc. now owns 1,991,754 shares of the specialty chemicals company's stock worth $93,413,000 after buying an additional 83,091 shares during the period. (more...)
Hexcel Corporation (HXL) Receives $56.43 Average PT from Analysts
- August 10, 2017

The stock rose 0.39% or $0.21 reaching $53.46. Kcg Holding holds 0.01% of its portfolio in Hexcel Corporation (NYSE: HXL ) for 11,601 shares. It has underperformed by 1.17% the S&P500. Jefferies Group LLC restated a "hold" rating and set a $50.00 price target (down from $52.00) on shares of Hexcel Corporation in a report on Tuesday, July 25th. (more...)
Michael Kors Holdings Limited (KORS) Updates Q2 Earnings Guidance Michael Kors Holdings Limited (KORS) Updates Q2 Earnings Guidance
- August 10, 2017

The stock of Michael Kors Holdings Ltd (NYSE:KORS) has "Neutral" rating given on Thursday, August 11 by Goldman Sachs. Shellback Capital Lp acquired 60,000 shares as Home Depot Inc (HD)'s stock rose 9.30%. The results surpassed Wall Street expectations. About 577,820 shares traded. It has underperformed by 59.71% the S&P500. Shares of Michael Kors Holdings Limited (NYSE: KORS ) inclined 21.53% in morning trade Tuesday, soon after a designer, marketer, distributor and retailer of branded ... (more...)
Asian shares, USA stock futures, dollar slip on rising Korean tensions
- August 10, 2017

Meanwhile, markets in Japan, South Korea and other Asian countries were also lower, and so-called futures signaled that US markets would also open down. Priceline Group dropped 8 percent after issuing a profit forecast that was weaker than analysts were expecting. Avis Budget Group slumped 9.9 percent after the auto rental company cut its guidance following a weak second quarter. (more...)
Subrata Roy urges SC for stay on auction of Aamby Valley project Subrata Roy urges SC for stay on auction of Aamby Valley project
- August 10, 2017

On 25 July, the court had directed the official liquidator of the Bombay high court to initiate the first two steps of the process to auction Aamby Valley. The prime property is worth more than Rs 39,000 crore. The Sahara chief Subrata Roy had given an undertaking to the Supreme Court bench that he would deposit Rs 1,500 crore by June 15 and another payment of Rs 552.22 crore by July 15 in the SEBI-Sahara account. (more...)
Occidental Petroleum Corp (NYSE:OXY) Institutional Investors Quarterly Sentiment
- August 10, 2017

Occidental Petroleum now has $46.91 billion valuation. Insiders own 0.32% of the company's stock. About 881,189 shares traded. (NYSE:GVA) has risen 16.24% since August 9, 2016 and is uptrending. Wesbanco Bankshares holds 21,682 shares. This is a boost from Occidental Petroleum Corporation's previous quarterly dividend of $0.76. The correct version of this article can be accessed at ... (more...)
Has $3.61 Million Position in Continental Resources, Inc. (CLR) Has $3.61 Million Position in Continental Resources, Inc. (CLR)
- August 10, 2017

The company declined -2.35% and closed its last trading session at $33.65. About 3,000 shares traded. (NYSE: CLR ) has risen 4.05% since August 9, 2016 and is uptrending. The $31.65 level represents at least another 2.44% downside for the stock from its current price. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company's stock. (more...)
Markets Right Now: Stocks drift lower on Wall Street Markets Right Now: Stocks drift lower on Wall Street
- August 10, 2017

Even so, the close was the highest in a month. Risky assets were hit globally after North Korea said it was considering plans to attack Guam, which has a large USA military base. Hong Kong's Hang Seng added 0.6 percent. Japan is the world's biggest creditor country and there is an assumption that investors there will repatriate funds in a crisis. (more...)
Brokerages Set Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Price Target at $25.60 Brokerages Set Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Price Target at $25.60
- August 10, 2017

The stock rose 0.20% or $0.05 reaching $26.2 per share. About 214,469 shares traded or 18.19% up from the average. ( FRGI ) has made its way to a 12-month decline of -18.47%. Capstone Asset Mngmt holds 6,703 shares or 0.01% of its portfolio. Following the completion of the transaction, the director now directly owns 32,681 shares of the company's stock, valued at $707,543.65. (more...)
Somewhat Favorable Media Coverage Somewhat Unlikely to Affect QUALCOMM (QCOM) Share Price
- August 10, 2017

The firm's price-to-sales ratio was noted 3.38 in contrast with an overall industry average of 5.76. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since August 8, 2016 and is uptrending. Sold All: 104 Reduced: 514 Increased: 483 New Position: 139. (NASDAQ:QCOM). Ameritas Invest Prtn reported 93,139 shares or 0.31% of all its holdings. (more...)
Navios Maritime Holdings Inc Navios Maritime Holdings Inc
- August 10, 2017

The stock of Navios Maritime Acquisition Corporation (NYSE:NNA) has "Hold" rating given on Tuesday, September 22 by Zacks. Pinnacle Ltd Company, Oklahoma-based fund reported 9,000 shares. The Firm focuses to charter its vessels under long-term employment contracts to worldwide oil companies, refiners and large vessel operators. Royce & Associates LP now owns 1,606,349 shares of the shipping company's stock valued at $2,201,000 after buying an additional 35,000 shares during the last ... (more...)
Analyst EPS Estimates Coverage: Whiting Petroleum Corporation (WLL)
- August 10, 2017

Current trade price levels places WLL's stock about -63.42% away from the 52-week high and closed 1.87% away from the 52-week low. The stock rose 0.82% or $0.04 reaching $4.94. It also reduced its holding in Dana Hldg Corp (NYSE:DAN) by 212,500 shares in the quarter, leaving it with 644,586 shares, and cut its stake in Delta Air Lines Inc Del (NYSE:DAL). (more...)
Aviance Capital Partners LLC Has $717000 Position in Cardinal Health, Inc. (CAH) Aviance Capital Partners LLC Has $717000 Position in Cardinal Health, Inc. (CAH)
- August 10, 2017

More notable recent Cardinal Health Inc (NYSE: CAH ) news were published by: Seekingalpha.com which released: "Cardinal Health: Damaged Dividend Growth Story" on August 04, 2017, also Investorplace.com with their article: "Why Davita Inc (DVA), Cardinal Health Inc (CAH) and Pioneer Natural Resources ..." published on August 02, 2017, Prnewswire.com published: "Cardinal Health Completes Acquisition of Medtronic's Patient Recovery Business" on July 30, 2017. (more...)
Dynagas LNG Partners LP (DLNG) Downgraded by BidaskClub to "Sell"
- August 10, 2017

Guinness Asset Management Ltd acquired 63,610 shares as Block H & R Inc (HRB)'s stock rose 25.06%. Receive Dynagas LNG Partners LP News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynagas LNG Partners LP with MarketBeat .com's FREE daily email newsletter. (more...)
British American Tobacco plc (BTI) Given Media Impact Rating of 0.11
- August 10, 2017

J P Morgan Chase & Co reaffirmed an "overweight" rating on shares of British American Tobacco PLC in a research note on Thursday, August 3rd. SBG Securities boosted British American Tobacco p.l.c. Relative strength index (RSI-14) for British American Tobacco p.l.c. (BTI) is at 38.94. Turning to The Royal Bank of Scotland Group plc (NYSE:RBS), its shares were trading at $6.88 a retreat of $-0.01, on the trading floor. (more...)
Global safe-haven trades jump on escalating North Korea tensions Global safe-haven trades jump on escalating North Korea tensions
- August 10, 2017

On Wall Street , the future for the Standard & Poor's 500 index fell 0.4 per cent and that for the Dow Jones industrial average lost 0.1 per cent. Pyongyang said it was examining plans for attacking Guam, a USA territory in the Pacific with a military base. (more...)
Buckeye Partners LP (BPL) Stake Maintained by Whitnell & Co
- August 10, 2017

Valley National Advisers Inc. now owns 1,649 shares of the pipeline company's stock valued at $113,000 after buying an additional 170 shares during the last quarter. (NYSE:BPL) is -5.31% away from the 20-Day Simple Moving Average. Investors of record on Monday, August 14th will be issued a dividend of $1.2625 per share. (more...)
Jefferies Group Analysts Increase Earnings Estimates for Kinross Gold Co
- August 10, 2017

BidaskClub lowered Kinross Gold Corporation from a "hold" rating to a "sell" rating in a report on Wednesday. Several other research analysts have also weighed in on the stock. During the same quarter in the previous year, the company posted ($0.01) EPS. ValuEngine raised shares of Kinross Gold Corporation from a "sell" rating to a "hold" rating in a research note on Friday, June 2nd. (more...)
Anheuser-Busch Inbev SA (BUD) Earning Somewhat Positive News Coverage, Analysis Finds
- August 10, 2017

On November 17 the stock rating was downgraded from "Buy" to "Hold" in a statement from Investec. It has underperformed by 4.22% the S&P500. The value of the total investment in Anheuser-Busch Inbev SA Sponsor went from $3,772,000 to $3,486,000 a change of 7.6% quarter to quarter. (more...)
Google fires employee behind anti-diversity memo Google fires employee behind anti-diversity memo
- August 10, 2017

The Google bosses thought he crossed a line, especially after the memo was leaked to the public and caused a firestorm across Silicon Valley. Michael Willemin, a plaintiff's lawyer with employment firm Wigdor, also said Damore would have a hard time bringing a retaliation claim based on the idea that his memo constituted a complaint about discrimination against men. (more...)
Hertz CEO touts turnaround plan after Q2 loss Hertz CEO touts turnaround plan after Q2 loss
- August 10, 2017

Hertz late Tuesday reported an adjusted net loss of $52 million, or 63 cents a share, in the second quarter, versus a net income of $35 million, or 41 cents a share, in the same period previous year. Adjusted earnings for Q2 were negative $22 million, versus positive $168 million in the same period past year. On a more positive note, the firm said that it had now completed its fleet transformation in the U.S., as well as updating its financial and revenue management systems. (more...)
Theravance Biopharma, Inc. (TBPH) Lowered to Sell at BidaskClub
- August 10, 2017

The firm has "Hold" rating by Argus Research given on Wednesday, December 16. The firm has "Neutral" rating given on Friday, August 7 by JP Morgan. Several research analysts recently issued reports on the stock. 585 were reported by Bankshares Of Montreal Can. Parametric Associate Limited Liability holds 0% or 13,634 shares in its portfolio. Want to see what other hedge funds are holding TBPH? Deutsche National Bank & Trust Ag has invested 0% in Theravance Biopharma Inc (NASDAQ:TBPH). (more...)
Roper Technologies, Inc. (ROP) Shares Bought by Palisade Capital Management LLC NJ
- August 10, 2017

Inverness Counsel LLC NY owned approximately 0.71% of Roper Technologies worth $168,436,000 as of its most recent SEC filing. A number of other institutional investors also recently added to or reduced their stakes in the company. On average, equities analysts forecast that Roper Technologies, Inc. will post $9.27 earnings per share for the current year. The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. (more...)
Venture-Financed Bike-Share Off to a Hot Start in Seattle Venture-Financed Bike-Share Off to a Hot Start in Seattle
- August 10, 2017

Beijing-based Ofo , and VBikes of Garland, Texas have reportedly applied to bring their bike shares to Seattle and enter the race with Spin and Limebike . Spin , a company focused on bringing the stationless bike sharing model to the USA after its continued success in Asia, is launching in South San Francisco today (as it planned to last month ), making it the first ever to get official city approval in the Bay Area to launch a dockless bike share program. (more...)
Cheniere Energy, Inc. (LNG) Stake Decreased by Renaissance Technologies LLC Cheniere Energy, Inc. (LNG) Stake Decreased by Renaissance Technologies LLC
- August 10, 2017

About 303,840 shares traded. Sabre Corp (SABR) has declined 17.80% since August 9, 2016 and is downtrending. It has underperformed by 5.17% the S&P500. According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 1.9 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. (more...)
Enterprise Products Partners LP (EPD) Position Held by Blume Capital Management Inc
- August 10, 2017

A number of other institutional investors also recently added to or reduced their stakes in the stock. Enterprise Products Partners L.P. (EPD) observed trading -2.61% away from the 20-day moving average and -1.40% off from its 50-day simple moving average. (more...)
Brokerages Set Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Target Price at $27.83
- August 10, 2017

Closing price generally refers to the last price at which a stock trades during a regular trading session. MAXIMUS, Inc. (MMS) has risen 15.99% since August 8, 2016 and is uptrending. More important recent Ultra Clean Holdings Inc (NASDAQ:UCTT) news were published by: Prnewswire.com which released: "UCT Announces Second Quarter 2017 Financial Results Release Date" on July 13, 2017, also Nasdaq.com published article titled: "The Zacks Analyst Blog Highlights: Cypress Semiconductor, Ultra Clean ... (more...)
Fidelity National Information S (FIS) Ownership Increased by Norges Bank Fidelity National Information S (FIS) Ownership Increased by Norges Bank
- August 10, 2017

The P/E ratio is now 21.15 and the market cap of the company is 13.23B. The stock declined 0.60% or $0.54 reaching $89.45 on the news. About 457,987 shares traded. Investors sentiment decreased to 0.93 in 2016 Q4. Susquehanna Group Limited Liability Partnership invested in 0.01% or 268,449 shares. Suntrust Banks reported 0.03% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS). (more...)
Pandora Media, Inc. (NYSE:P) Lowered to Sell at BidaskClub
- August 10, 2017

On Monday, January 9 the stock rating was upgraded by Piper Jaffray to "Neutral". As per Tuesday, October 11, the company rating was downgraded by FBR Capital. Finally, BidaskClub raised shares of Pandora Media from a "strong sell" rating to a "sell" rating in a report on Friday, June 23rd. SunTrust Banks also issued estimates for Pandora Media's Q4 2017 earnings at ($0.12) EPS and FY2017 earnings at ($1.08) EPS. (more...)
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...)