Business


Tetraphase Pharmaceuticals, Inc. (TTPH) hit his 1-Year Low price on 11/04/16
- September 08, 2017

Institutional investors and hedge funds own 41.73% of the company's stock. Parametric Port Associates Lc invested 0% in Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH ). On July 26 BMO Capital left the company rating at "Outperform" and raised the price target from $8.00 to $13.00. Needham & Company LLC reissued a "hold" rating on shares of Tetraphase Pharmaceuticals in a research note on Thursday, July 27th. (more...)
Disney shares tumble as CEO warns earnings won't rise Disney shares tumble as CEO warns earnings won't rise
- September 08, 2017

It has underperformed by 7.44% the S&P500.The move comes after 5 months negative chart setup for the $152.00 billion company. Among 35 analysts covering The Walt Disney Company (NYSE: DIS ), 19 have Buy rating, 2 Sell and 14 Hold. St Jude Med Inc (NYSE:STJ) was reduced too. $1.32 million worth of stock was sold by ARNOLD SUSAN E on Thursday, May 11. The Walt Disney Company (NYSE: DIS ) and Viacom, Inc. (more...)
Toys R Us reportedly hires debt adviser ahead of holidays Toys R Us reportedly hires debt adviser ahead of holidays
- September 07, 2017

Toys R Us has hired law firm Kirkland & Ellis to help weigh restructuring options and deal with the debt, which can be anything from bankruptcy filing to possibly raising enough finances to cover the money owed. Amongst options the retailer, whose owners are private equity companies, is considering includes bankruptcy, said the sources. If Toys R Us files for reorganization, it would mean that creditors may have to take pennies on the dollar, and that isn't going to bode well for the payments ... (more...)
Technical Indicators Alerts: Imperial Oil Limited (IMO), Eli Lilly and Company (LLY) Technical Indicators Alerts: Imperial Oil Limited (IMO), Eli Lilly and Company (LLY)
- September 07, 2017

It has underperformed by 12.00% the S&P500.The move comes after 7 months positive chart setup for the $90.12B company. Stock of Rice Energy Inc. (NYSE:STNG) is a huge mover today! About 61,832 shares traded. 16 analysts on average are expecting Eli Lilly and Company to report earnings of $1.03 per share for the current quarter. Amica Mutual Co, Rhode Island-based fund reported 22,361 shares. (more...)
Coca-Cola European Partners PLC (CCE) Plans Dividend Increase - $0.25 Per Share Coca-Cola European Partners PLC (CCE) Plans Dividend Increase - $0.25 Per Share
- September 07, 2017

It has underperformed by 5.95% the S&P500. Asset Management Advisors Llc increased its stake in Liberty Global C (LBTYK) by 21.5% based on its latest 2016Q4 regulatory filing with the SEC. Therefore 39% are positive. The brokerage now has a $49.00 target price on the stock. A number of analysts offered their Estimated Earnings analysis for The Coca-Cola Company (KO ) for the current quarter. (more...)
European Central Bank keeps key interest rates unchanged European Central Bank keeps key interest rates unchanged
- September 07, 2017

Draghi will likely address any decision on these discussions during his press conference, but is not expected to make any announcements just yet. The bank must also really find a way out from the huge money-printing program, since the eurozone's recovery has finally picked up its pace this year. (more...)
IBM, MIT to Establish AI Research Laboratory IBM, MIT to Establish AI Research Laboratory
- September 07, 2017

The new lab will be co-chaired by IBM Research VP of AI and IBM Q - Dario Gil and Anantha P. Chandrakasan, dean of MIT's School of Engineering. "Yet today's AI systems, as remarkable as they are, will require new innovations to tackle increasingly hard real-world problems to improve our work and lives", John Kelly III, IBM's senior vice president for cognitive solutions and research, said in a statement . (more...)
KJ Harrison & Partners Inc Raises Holdings in General Electric Company (NYSE:GE) KJ Harrison & Partners Inc Raises Holdings in General Electric Company (NYSE:GE)
- September 07, 2017

The institutional investor owned 92,995 shares of the conglomerate's stock after acquiring an additional 13,000 shares during the period. About shares traded. (NYSE:WD). Clarivest Asset Mgmt Ltd Liability holds 227,081 shares or 0.19% of its portfolio. 200,000 are held by Firsthand Capital Mgmt. Glaxis Cap Mngmt Llc reported 1.95% stake. (more...)
Russian Federation says its oil supplies to North Korea are negligible Russian Federation says its oil supplies to North Korea are negligible
- September 07, 2017

The leaders of South Korea and Japan are holding talks with Putin in Vladivostok on the sidelines of a conference on economic development of Russia's Far East. South Korea's presidential office said Washington had agreed to remove bilaterally agreed warhead restrictions on Seoul's missiles, to allow it to develop bigger weapons that would boost its pre-emptive strike capabilities against the North. (more...)
Drivers to dodge £100 rise in insurance costs after Government u-turn Drivers to dodge £100 rise in insurance costs after Government u-turn
- September 07, 2017

The move has been welcomed by the insurance industry, which had described the original cut in the discount rate as "crazy". Earlier this year, Direct Line Insurance Group PLC (LON:DLG) halved its dividend as operating profits dived by 23%, although without the £175mln hit from the changes, profits would actually have been 11% higher. (more...)
The Research Analysts' Recent Ratings Changes for Bank of America Corporation (BAC)
- September 07, 2017

Gradient Investments LLC now owns 4,542 shares of the financial services provider's stock worth $107,000 after purchasing an additional 700 shares during the last quarter. On Tuesday, for instance, roughly 256,000 Bank of America calls changed hands - 1.4 times the average daily volume. On Tuesday, August 25 the stock rating was upgraded by Macquarie Research to "Underperform". (more...)
Wesbanco Bank Inc. Increases Position in Constellation Brands Inc (STZ)
- September 07, 2017

The rating was maintained by Goldman Sachs with "Buy" on Thursday, April 7. (NYSE: STZ ) has "Neutral" rating given on Friday, September 16 by Credit Suisse. Amalgamated Bancshares reported 18,139 shares or 0.13% of all its holdings. Glg Ptnrs LP reported 391,014 shares or 0.84% of all its holdings. Moreover, State Of Tennessee Treasury Department has 0.06% invested in Constellation Brands, Inc. (more...)
India, Japan to scale up defence cooperation India, Japan to scale up defence cooperation
- September 07, 2017

Mr Singh also called upon all defence public sector undertakings (DPSUs) to focus on 100 per cent indigenisation of military equipment and platforms and effectively implement the Make in India initiative in defence production to bring down import dependence. (more...)
Putin Regrets Awarding Tillerson 'Order of Friendship' Because He Joined Trump Administration Putin Regrets Awarding Tillerson 'Order of Friendship' Because He Joined Trump Administration
- September 07, 2017

In 2013 Putin awarded Tillerson, then CEO of energy giant Exxon Mobil, the Order of Friendship , a Russian state honor, for his "significant contribution to strengthening cooperation in the energy sector". Putin made the comments after awarding the Order of Friendship to Chinese Vice Premier Wang Yang, remarking on the growth of Chinese investment in Russian Federation. (more...)
Diamond Offshore Drilling, Inc. (DO) Upgraded to Buy by ValuEngine
- September 07, 2017

Stifel Fincl has 0.01% invested in Northwest Bancshares, Inc. The Global Thematic Partners Llc holds 11.86M shares with $88.84 million value, down from 16.97 million last quarter. 10/31/2016 - Diamond Offshore Drilling, Inc . was upgraded to "equal-weight" by analysts at Capital One. Keefe Bruyette & Woods maintained Northwest Bancshares, Inc. (more...)
Storm surge: Hurricane Harvey boosts jobless claims by 62000 to 298000 Storm surge: Hurricane Harvey boosts jobless claims by 62000 to 298000
- September 07, 2017

Initial jobless claims in the period running from August 27 to September 2 surged by 62,000 to 298,000, reaching the highest level since spring 2015, the government said Thursday . But the flooding and destruction in Texas and Louisiana as a result of Harvey could cause significant job losses, at least temporarily. US jobless claims soared at the end of August as Hurricane Harvey put many Americans temporarily out of work. (more...)
Retail turnover unchanged in July Retail turnover unchanged in July
- September 07, 2017

RBC Capital Markets senior economist Su-Lin Ong said there could be further weakness in retail spending in the months to come. "The risk to GDP growth is now on the upside". A separate report showed that Australia's trade surplus narrowed to in July from A$888.000 in June, whose figure was revised from a previously estimated surplus of A$856,000. (more...)
Harvey = higher gas prices Harvey = higher gas prices
- September 07, 2017

AAA Northeast reported that the average price for a gallon of gasoline is 36 cents higher than it was a month ago ($2.43) and 79 cents higher than one year ago ($2.00). At its peak, Harvey shuttered 27 percent of US processing capacity. "The Department of Energy (DOE) is reporting that eight Gulf Coast refineries are in the process of restarting, which accounts for about 10% of Gulf Coast refining capabilities". (more...)
Guidewire Software, Inc. (NYSE:GWRE) Achieve New Highs Guidewire Software, Inc. (NYSE:GWRE) Achieve New Highs
- September 07, 2017

Denver Investment Advisors Llc decreased Guidewire Software Inc ( GWRE ) stake by 76.56% reported in 2016Q4 SEC filing. On average, equities research analysts predict that Guidewire Software, Inc . Pennsylvania-based Emerald Advisers Pa has invested 0.66% in Guidewire Software Inc (NYSE:GWRE). The company was downgraded on Friday, December 2 by Piper Jaffray. (more...)
(RCL) Shares Trading down at $118.82 Royal Caribbean Cruises Ltd. Raises… (RCL) Shares Trading down at $118.82 Royal Caribbean Cruises Ltd. Raises…
- September 07, 2017

Hedge funds have recently added to or reduced their stakes in the company. Ironwood Investment Management Llc owns 37,704 shares or 1.33% of their USA portfolio. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & worldwide copyright law. (more...)
AK Steel Holding Corporation (NYSE:AKS): Placing Shares in the Spotlight
- September 07, 2017

State of New Jersey Common Pension Fund D bought a new position in shares of United States Steel Corporation in the second quarter valued at approximately $37,749,000. Many analysts have provided their estimated foresights on United States Steel Corp. The firm also recently announced a quarterly dividend, which will be paid on Friday, September 8th. (more...)
Nordic American Tankers Limited (NAT) Given Consensus Recommendation of "Hold" by Brokerages
- September 07, 2017

Nordic American Tankers Limited ( NAT ) opened at 4.64 on Wednesday. LLC now owns 1,049,215 shares of the shipping company's stock valued at $8,583,000 after buying an additional 523,510 shares during the last quarter. On average, analysts forecast that Nordic American Tankers Limited will post ($0.39) EPS for the current year. The company also recently announced a quarterly dividend, which was paid on Thursday, August 31st. (more...)
An Eye on Trend-Spotting Tool - US Foods Holding Corp. (NYSE:USFD) An Eye on Trend-Spotting Tool - US Foods Holding Corp. (NYSE:USFD)
- September 07, 2017

The 50 day moving average went down $-6.02 or -18.38% whereas the 200 day average was down by -37.04%. Endurance Wealth Management Inc sold 4,600 shares as the company's stock rose 0.17% with the market. About 1.56M shares traded. However, if the ACHC shares go below $45.86 then it would indicate a much weaker market for the company. In Tuesday trading, Dick's Sporting Goods, Inc shares are now off about 0.1%, Big Lots, Inc. (more...)
Technical Scrutiny: Honeywell International Inc. (HON), MGIC Investment Corporation (MTG)
- September 07, 2017

The firm has a market capitalization of $103.86 billion, a P/E ratio of 21.17 and a beta of 0.94. Looking into last 5 trades, the stock observed a return of nearly -0.78%. On Thursday, July 23 the stock rating was initiated by Canaccord Genuity with "Buy". Hanson McClain Inc. increased its holdings in Honeywell International by 0.4% in the first quarter. (more...)
Fixed mortgage rates keep falling, sinking to yearly lows Fixed mortgage rates keep falling, sinking to yearly lows
- September 07, 2017

Mortgage rates are closely related to the yields on long-term government bonds. "Refinance volume jumped as a result, and for the first time since January, the majority of application volume was for refinances, with the refinance share nearly 51 percent". (more...)