Business


Fourth executive leaves Trump's manufacturing council after Charlottesville comments Fourth executive leaves Trump's manufacturing council after Charlottesville comments
- August 18, 2017

Others on the White House American Manufacturing Council include top executives from Boeing, Dell Technologies and Dow Chemical. "America's leaders must honour our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal". (more...)
Brokers Recommendations on: Foot Locker, Inc. (FL) Brokers Recommendations on: Foot Locker, Inc. (FL)
- August 18, 2017

About 2.46 million shares traded. It has underperformed by 16.41% the S&P500. The Idaho-based Mountain Pacific Investment Advisers Inc Id has invested 4.89% in the stock. BlackRock Inc. increased its position in shares of Foot Locker by 2,189.3% in the first quarter. Therefore 68% are positive. On 11/20/2013 Foot Locker, Inc. (more...)
Macquarie-led group closes GBP-2.3bn GIB acquisition Macquarie-led group closes GBP-2.3bn GIB acquisition
- August 18, 2017

Macquarie will use the GIB to invest in such projects and will consolidate its own existing United Kingdom and European principal investment business into that vehicle. Macquarie Capital, the advisory, capital markets and principal investment arm of Macquarie Group , and the Green Investment Bank have together led over £15bn of investment in the United Kingdom across a broad range of renewable technology. (more...)
BidaskClub Downgrades EI du Pont de Nemours and Company (DD) to Hold
- August 18, 2017

It is predicted to add 1% on day 1 and jump 2% on day 7 after the company reports upcoming earnings. It has outperformed by 4.12% the S&P500. Regions Financial Corp decreased Torchmark Corp (TMK) stake by 2.38% reported in 2016Q4 SEC filing. (more...)
Rio Tinto PLC (RIO) Shares Sold by Shikiar Asset Management Inc Rio Tinto PLC (RIO) Shares Sold by Shikiar Asset Management Inc
- August 18, 2017

Also, insider Christopher Lynch sold 7,582 shares of the company's stock in a transaction that occurred on Wednesday, May 31st. UBS Asset Management Americas Inc. COPYRIGHT VIOLATION NOTICE: This news story was first published by Stock Observer and is the sole property of of Stock Observer. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & worldwide copyright laws. (more...)
How Analysts Feel About Enterprise Products Partners LP (NYSE:EPD)?
- August 18, 2017

Wunderlich maintained the stock with "Buy" rating in Wednesday, August 31 report. Chickasaw Capital Management LLC now owns 14,566,207 shares of the oil and gas producer's stock worth $402,173,000 after buying an additional 4,202,364 shares during the period. (more...)
$183M Settlement Means 41000 Former Corinthian Students Will Get Private Loan Forgiven $183M Settlement Means 41000 Former Corinthian Students Will Get Private Loan Forgiven
- August 18, 2017

Before Corinthian closed in 2015 , it was one of the largest for-profit colleges in the country, with about 74,000 students enrolled. The settlement is subject to approval by the OR federal court overseeing the Aequitas receivership, according to the office of New York Attorney General Eric T. (more...)
Vanda Pharmaceuticals Inc. (VNDA) Under Analyst Spotlight
- August 18, 2017

It has outperformed by 34.90% the S&P500. Birchview Capital LP increased its stake in Vanda Pharmaceuticals by 145.5% in the first quarter. Wall Street Access Asset Management Llc acquired 17,900 shares as Verizon Communicat (VZ)'s stock declined 7.66%. (more...)
Kansas City Southern (KSU) Position Increased by IFP Advisors Inc
- August 18, 2017

It has outperformed by 12.59% the S&P500. According to Financial Times, The 16 analysts offering 12 month price targets for Kansas City Southern have a median target of 115.00, with a high estimate of 122.00 and a low estimate of 93.00. (more...)
Scripps Networks Interactive, Inc to Issue Quarterly Dividend of $0.30 (SNI) Scripps Networks Interactive, Inc to Issue Quarterly Dividend of $0.30 (SNI)
- August 18, 2017

Over the past five trading sessions shares of Everi Holdings Inc. Mylan N.V. (NASDAQ:MYL) has declined 7.73% since August 17, 2016 and is downtrending. (NASDAQ:SNI) or 5,461 shares. 2,423,208 shares of the company's stock were exchanged. The target implies a 17.3% spike from where the shares are now trading. (more...)
South Korean Premier Rejects Opposition's Call For Nuclear Armament South Korean Premier Rejects Opposition's Call For Nuclear Armament
- August 18, 2017

North Korea's rapid progress in developing nuclear weapons and missiles capable of reaching the US mainland has fueled a surge in tensions in recent days. "If North Korea completes development of intercontinental ballistic missiles and weaponizes it with nuclear warheads, I will consider that a red line", Moon said. (more...)
Former Uber CEO Travis Kalanick Fires Back At Investors In Fraud Lawsuit Former Uber CEO Travis Kalanick Fires Back At Investors In Fraud Lawsuit
- August 18, 2017

Benchmark said in the suit it would not have approved the board expansion had it been aware of the controversy surrounding Kalanick and Uber's workplace issues, accusing the CEO of packing the board with supporters. "Uber has operated without one for over two years now", the firm wrote. Benchmark first backed Uber in 2011 with an investment of $12 million, according to court filings. (more...)
Genuine Parts Company (GPC) Sees Significant Growth in Short Interest
- August 18, 2017

This is a near-term outlook for the coming 12-18 months. It was reported on Aug, 16 by Barchart.com . Envestnet Asset Management reported 0% stake. The firm owned 3,098 shares of the specialty retailer's stock after buying an additional 1,098 shares during the period. (more...)
United Kingdom accepts Heineken/Punch Pub sales plan United Kingdom accepts Heineken/Punch Pub sales plan
- August 18, 2017

The CMA has previously said the 1,895 Punch pubs being snapped up by Heineken, which it will add to 1,100 leased pubs it already owns across the United Kingdom, only account for 4% of the market and are therefore "not a major route to market for brewers". (more...)
Novavax, Inc. (NVAX) Upgraded at BidaskClub
- August 18, 2017

Piper Jaffray Companies restated a "hold" rating and set a $1.50 price objective on shares of Novavax in a research report on Wednesday, July 26th. Zacks Investment Research downgraded shares of Novavax from a "buy" rating to a "hold" rating in a research report on Friday, June 9th. (more...)
Watching the Tape Move for Johnson Service Group PLC (JSG.L)
- August 18, 2017

Ferguson Wellman Cap holds 0.01% or 1,341 shares. Shares of Meghmani Organics Ltd (MEGH.BO) are moving on volatility today 6.08% or 3.75 from the open. Bluespruce Investments Lp acquired 62,198 shares as Mastercard Inc (MA)'s stock rose 7.46%. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. (more...)
Factors to Note Before Buying Newmont Mining Corporation (NEM)
- August 18, 2017

Insiders have sold a total of 22,907 shares of company stock worth $803,461 over the last quarter. Institutional investors have recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund invested in 246,556 shares or 0.17% of the stock. 11/03/2016 - Newmont Mining Corporation was upgraded to "overweight" by analysts at JP Morgan. (more...)
CommScope Holding Company, Inc. (NASDAQ:COMM) - Trend Alert CommScope Holding Company, Inc. (NASDAQ:COMM) - Trend Alert
- August 18, 2017

Columbus Circle Investors invested in 0.76% or 1.56M shares. It is down 46.60% since August 17, 2016 and is uptrending. It has outperformed by 27.69% the S&P500.The move comes after 9 months negative chart setup for the $2.71B company. Sei Invs reported 325,111 shares. Mai Mgmt invested in 6,560 shares or 0.02% of the stock. D E Shaw Company Inc stated it has 1.24M shares or 0.08% of all its holdings. (more...)
The Brokers Issue Forecasts for Iamgold Corporation's FY2017 Earnings (IAG) The Brokers Issue Forecasts for Iamgold Corporation's FY2017 Earnings (IAG)
- August 18, 2017

Next quarter's EPS is estimated at $0.01 with next year's EPS anticipated to be $0.07. Equities analysts expect that Iamgold Corporation will post $0.05 EPS for the current year. Shares of Iamgold Corporation (NYSE:IAG) traded up 2.2570% during trading on Monday, reaching $5.4912. The stock's market cap is $2.50 billion. The stock price is showing encouraging image with current supportive move of 5.03% at trading price of $5.64. (more...)
Nagarjuna Oil Refinery Limited (NAGAROIL.NS) Shares Moving On Volume Nagarjuna Oil Refinery Limited (NAGAROIL.NS) Shares Moving On Volume
- August 18, 2017

It has underperformed by 15.93% the S&P500. According to Financial Times, The 14 analysts offering 12 month price targets for First Solar, Inc. have a median target of 52.00, with a high estimate of 64.00 and a low estimate of 34.00. The stock declined 0.25% or $0.19 reaching $79.12 per share. Bank of The West boosted its stake in Royal Caribbean Cruises by 0.7% in the first quarter. (more...)
Bessemer Group Inc. Buys 3154 Shares of The Priceline Group Inc. (PCLN) Bessemer Group Inc. Buys 3154 Shares of The Priceline Group Inc. (PCLN)
- August 18, 2017

Its down 10.05% from 15.46 million shares previously. The SI to Deere & Company's float is 4.85%. About 1.32M shares traded. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since August 17, 2016 and is uptrending. Hartford Financial Management Inc. bought a new position in shares of The Priceline Group during the first quarter worth about $106,000. In related news, Director Jan L. (more...)
Revenue Estimates Analysis Of Seattle Genetics, Inc. (SGEN)
- August 18, 2017

Shares of Seattle Genetics Inc ( SGEN ) are heading in a near-term negative direction as the most recent close of the company has stayed below the Balance Step. (NASDAQ:SGEN) for 130,000 shares. $627,527 worth of Seattle Genetics, Inc. Finally, Gulf International Bank UK Ltd boosted its stake in Seattle Genetics by 0.8% in the first quarter. (more...)
Behind CEOs' Trump rift, 48 hours of calls and calculation Behind CEOs' Trump rift, 48 hours of calls and calculation
- August 18, 2017

On June 1, Tesla Inc ( NASDAQ: TSLA ) CEO Elon Musk dropped out following Trump's decision to withdraw the US from the Paris climate accord. Trump set up the council in January to hear their advice on revitalizing American manufacturing, a focus of his campaign. Blackstone chief Stephen A. (more...)
Toro Company (The) (TTC) Stake Raised by Pioneer Investment Management Inc Toro Company (The) (TTC) Stake Raised by Pioneer Investment Management Inc
- August 18, 2017

The stock rose 1.22% or $1.75 reaching $145.75. Institutional investors own 76.52% of the company's stock. It was reported on Aug, 17 by Barchart.com . Jlb & Associates Inc owns 230,895 shares or 3.49% of their U.S. portfolio. $190,043 worth of Toro Co (NYSE:TTC) was sold by COOPER JANET KATHERINE. The Virginia-based Outfitter Advisors Ltd. (more...)
Trading Roundup: Checking Technicals For Realogy Holdings Corp (RLGY)
- August 18, 2017

Several other brokerages also recently commented on RLGY. Brown Advisory Inc reported 0% of its portfolio in Realogy Holdings Corp (NYSE:RLGY). The New York-based Jane Street Group Inc Ltd Liability Com has invested 0.01% in Realogy Holdings Corp (NYSE:RLGY). (more...)
Share Spotlight on Targa Resources Corp (TRGP) : Technicals in Focus
- August 18, 2017

Chickasaw Capital Management LLC now owns 7,921,492 shares of the pipeline company's stock valued at $358,051,000 after buying an additional 244,459 shares during the period. 401.91 million shares or 0.07% more from 401.64 million shares in 2016Q3 were reported. The correct version of this news story can be viewed at https://www.com-unik.info/2017/08/17/analysts-set-targa-resources-inc-trgp-target-price-at-55-05-updated-updated-updated.html. (more...)
Euro Slips after Data Release Euro Slips after Data Release
- August 18, 2017

Month-on-month the sales numbers were marginally higher than forecast although headline year-on-year growth dipped to 1.3 percent from a revised 2.8 percent a month earlier and compared to forecasts of 1.4 percent. ECB President Mario Draghi will join other central bankers at a symposium in Jackson Hole next week, but reports indicated he will not deliver any fresh guidance or monetary policy discussion. (more...)
Kim Jong Un made 'very wise' decision to back down Kim Jong Un made 'very wise' decision to back down
- August 18, 2017

Chinese Foreign Minister Wang Yi spoke to his Russian counterpart Sergei Lavrov on Tuesday in a telephone conversation focused on "ways to get out of the confrontational spiral on the Korean peninsula", according to the Russian foreign ministry. (more...)
Dextera Surgical Inc. (DXTR) Now Covered by Ladenburg Thalmann Financial Services Dextera Surgical Inc. (DXTR) Now Covered by Ladenburg Thalmann Financial Services
- August 18, 2017

Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 25.00%, annually. (NASDAQ: DXTR ) in a report issued on Wednesday, The Fly reports. The day began at US$0.25 but the price moved to US$0.24 at one point during the trading and finally capitulating to a session high of US$0.2517. Dextera Surgical has a 52 week low of $0.17 and a 52 week high of $2.44. (more...)
Nexstar Broadcasting Group Inc
- August 18, 2017

Nexstar Broadcasting Group I now has $2.92 billion valuation. It has outperformed by 2.73% the S&P500. Catawba Capital Management bought 43,797 shares as the company's stock declined 1.49% while stock markets rallied. Mengis Mgmt holds 53,253 shares. Redwood Ltd Liability Corporation has invested 0.01% in Walt Disney Co (NYSE:DIS). Investors sentiment increased to 1.18 in 2016 Q4. (more...)