Business


Northwestern Mutual Wealth Management Co. Raises Position in NVIDIA Corporation (NVDA) Northwestern Mutual Wealth Management Co. Raises Position in NVIDIA Corporation (NVDA)
- September 20, 2017

World Asset Management Inc increased its holdings in shares of NVIDIA Corporation by 29.5% during the first quarter. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Nvidia shares have surged over 197% in the last 12 months, easily topping the S&P 500's 17% gain in the same period. IBD'S TAKE: The IBD 50 list of top-performing growth stocks includes six companies from the chip sector. (more...)
Bank of New York Mellon Corp (BK) Analysts See $0.92 EPS
- September 20, 2017

The company has a market capitalization of $53.24 billion, a P/E ratio of 15.28 and a beta of 1.14. Parkside National Bank & Trust And Trust invested in 0.03% or 1,487 shares. The firm has "Hold" rating given on Monday, October 10 by. The rating was maintained by Deutsche Bank with "Buy" on Friday, August 5. Jefferies maintained the shares of BK in report on Wednesday, October 7 with "Hold" rating. (more...)
Adobe Systems Incorporated (NASDAQ:ADBE) To Release Earnings Adobe Systems Incorporated (NASDAQ:ADBE) To Release Earnings
- September 20, 2017

Finally, Israel Discount Bank of NY purchased a new position in shares of Adobe Systems during the first quarter valued at $189,000. Checking in on some valuation rankings, Adobe Systems Incorporated (NasdaqGS: ADBE ) has a Value Composite score of 74. (more...)
Conagra Brands Inc (CAG) EPS Estimated At $0.40
- September 20, 2017

Its down 0.27, from 1.09 in 2016Q3. About 2,171 shares traded. The stock of Conagra Brands Inc (NYSE: CAG ) earned "Hold" rating by Stifel Nicolaus on Monday, July 24. Peoples reported 100 shares. Canada Pension Plan Investment Board accumulated 0.06% or 438,551 shares. The original version of this news story can be accessed at https://www.truebluetribune.com/2017/09/19/swiss-national-bank-has-64-24-million-stake-in-conagra-foods-inc-cag.html. (more...)
The Cheesecake Factory Incorporated (CAKE) — Trend Analysis Report
- September 20, 2017

CAKE has been the subject of several other reports. TheStreet lowered shares of The Cheesecake Factory from a "b-" rating to a "c+" rating in a research report on Friday, August 25th. The disclosure for this sale can be found here. Separately, Exec VP, Gen Counsel & Secy ZURZOLO DEBBY R Sell 6424 shares of the company at a price of $59.09 on 2017-06-01. (more...)
CIBC Reiterates CIBC Reiterates "Outperform" Rating for Turquoise Hill Resources Ltd (TRQ)
- September 20, 2017

In contrast to the year ago quarter EPS was at -0.02. Greenleaf Trust acquired a new stake in Turquoise Hill Resources in the 2nd quarter valued at approximately $122,000. Turquoise Hill Resources had a return on equity of 1.60% and a net margin of 14.20%. The business's revenue for the quarter was down 38.2% compared to the same quarter past year. (more...)
Synchronoss Technologies (SNCR) Getting Somewhat Positive News Coverage, Study Finds Synchronoss Technologies (SNCR) Getting Somewhat Positive News Coverage, Study Finds
- September 20, 2017

About 342,322 shares traded. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 51.31% since September 19, 2016 and is uptrending. It has underperformed by 2.70% the S&P500. had 54 analyst reports since July 27, 2015 according to SRatingsIntel. As per Friday, January 13, the company rating was maintained by Imperial Capital. (more...)
Checking the Numbers for Nuveen Credit Strategies Income Fund (JQC)
- September 19, 2017

It invests over 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality. Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal. (more...)
American Airlines Group, Inc. (AAL) Receives "Equal Weight" Rating from Morgan Stanley
- September 19, 2017

It has outperformed by 23.95% the S&P500. Leibman Maya sold $1.13 million worth of stock or 23,857 shares. TD Asset Management Inc. now owns 877,073 shares of the airline's stock valued at $32,110,000 after buying an additional 57,382 shares during the last quarter. (more...)
Exxon Mobil Corporation (XOM) Position Reduced by Hermes Investment Management Ltd. Exxon Mobil Corporation (XOM) Position Reduced by Hermes Investment Management Ltd.
- September 19, 2017

Macnealy Hoover Investment Mgmt, a Ohio-based fund reported 54,577 shares. Douglass Winthrop Ltd Llc has 474,679 shares. When we look at the Volatility of the company, Week Volatility is at 0.62% whereas Month Volatility is at 0.84%. BANGA AJAY sold $18.97 million worth of stock or 161,742 shares. $2.04M worth of Bruker Corporation (NASDAQ:BRKR) was sold by Munch Mark. The company's quarterly revenue was up 9.0% compared to the same quarter a year ago. (more...)
Teva Pharmaceutical Industries Limited (TEVA) Hitting 2.70% Insider Ownership
- September 19, 2017

The institutional investor held 23,640 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $857,000, down from 47,395 at the end of the previous reported quarter. TheStreet downgraded shares of Teva Pharmaceutical Industries Limited from a "c-" rating to a "d+" rating in a research report on Friday, August 25th. (more...)
Cerner Corporation (NASDAQ:CERN) Experiences Heavier than Usual Trading Volume
- September 19, 2017

The brokerage set a "top pick" rating and a $84.00 price target on the stock. The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. (more...)
Would You Buy Synchrony Financial (NYSE:SYF) On These Analyst Ratings?
- September 19, 2017

Vanguard Group Inc owns $1.52 billion in Synchrony Financial , which represents roughly 6.61% of the company's market cap and approximately 7.19% of the institutional ownership. Ten investment analysts have rated the stock with a hold rating , sixteen have given a buy rating and one has issued a strong buy rating to the company. (more...)
What Are Analysts Report About Chesapeake Energy Corporation (CHK)
- September 19, 2017

About 115,187 shares traded. Chesapeake Energy Corporation had a negative net margin of 9.52% and a negative return on equity of 16.10%. It has outperformed by 33.04% the S&P500. A sudden increase in a stock's activity can be a sign that investors are trading in anticipation of a catalyst, or that investors feel very strongly in one way or the other about the future direction of a stock. (more...)
Criminal investigation into Equifax data breach underway Criminal investigation into Equifax data breach underway
- September 19, 2017

Equifax said the incident was reported to customers, affected individuals and regulators. We understand that some consumers are experiencing difficulties getting the answers and support they need through our website and call center. The legislation has been endorsed by several organizations including the National Consumer Law Center, U.S. Public Interest Research Group, Consumer Action, Americans for Financial Reform, National Association of Consumer Advocates and the Consumer Federation ... (more...)
New England Research & Management Raised Abbvie (ABBV) Position; Riverhead Capital Management Has
- September 19, 2017

Goldman Sachs Group, Inc. Company insiders own 0.23% of the company's stock. About 53,253 shares traded. C&F Financial Corp (CFFI) has risen 20.48% since September 18, 2016 and is uptrending. Its up 0.01, from 0.99 in 2016Q3. It fall, as 86 investors sold ABBV shares while 555 reduced holdings. A number of hedge funds have recently made changes to their positions in ABBV. (more...)
New York's Cuomo Proposes Regulation in Wake of Equifax Security Breach New York's Cuomo Proposes Regulation in Wake of Equifax Security Breach
- September 19, 2017

Though, the timeline for credit agencies to comply with the regulation is different than other financial institutions. The Equifax data breach spurred a new plan Monday to give NY bank regulators broad power to block a credit-reporting agency's ability to operate in the state. (more...)
Banco Bradesco SA (BBD) stock RSI 73.11 signaled a sell opportunity
- September 19, 2017

Analysts have given a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The ex-dividend date is Tuesday, October 3rd. This dividend represents a yield of $0.65. Banco Bradesco SA provides banking and financial products and services to individuals, companies, and corporations and institutions. (more...)
Michael K. Williams Has An Unpopular Opinion About Sean Spicer's Emmys Appearance Michael K. Williams Has An Unpopular Opinion About Sean Spicer's Emmys Appearance
- September 19, 2017

In an interview with the New York Times , the former White House press secretary said he regretted the now infamous moment. "Spicer won best actor in a comedy for his role in Donald Trump's administration". I think he is an evil, opportunistic liar that hurt our country. But in the spirit of Sean Spicer - no, it isn't. And according to journalist Chris Gardner of The Hollywood Reporter , who attended the show, Spicer had no lack of fans and attention after the Emmys . (more...)
Taco Bell Opening 300 Locations, Ditching Drive-Through, Adding Alcohol Taco Bell Opening 300 Locations, Ditching Drive-Through, Adding Alcohol
- September 19, 2017

Taco Bell is preparing to open hundreds of " cantina style" restaurants across the country with some radical changes, according to a new report . About 300 new locations are expected in this effort, which are expected to be complete by 2022. (more...)
Norway's sovereign wealth fund hits 1 trillion United States dollars in value Norway's sovereign wealth fund hits 1 trillion United States dollars in value
- September 19, 2017

The sovereign wealth fund of Norway, officially known as the Government Pension Fund of Norway, is the largest in the world. "One day the oil will run out, but the return of the fund will continue to benefit the population", the fund explains. (more...)
Sterling retreats from 15-month highs before BoE governor's speech Sterling retreats from 15-month highs before BoE governor's speech
- September 19, 2017

The Bank kept rates at 0.25% this week, but hinted at a rise in the future . "What's interesting is the expectation of a rate hike is having a greater influence (on the pound) than some of the political issues that potentially could have weighed on sterling in a way that they might have done six months ago", said Simon Derrick, head of markets strategy at Bank of New York Mellon. (more...)
Tesla Inc (TSLA) Downgraded by Goldman Sachs Group, Inc. (The) to Tesla Inc (TSLA) Downgraded by Goldman Sachs Group, Inc. (The) to "Sell"
- September 19, 2017

As of quarter end Koshinski Asset Management, Inc. had acquired 217 shares growing its position 12.0%. That brings the VP's holdings to $0 as recorded in a recent Form 4 SEC filing. Nine investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have issued a buy rating to the company. (more...)
Equifax says 100000 Canadians may be affected by breach Equifax says 100000 Canadians may be affected by breach
- September 19, 2017

Canada's privacy commissioner said Friday it had opened an investigation into the data breach after receiving several complaints and dozens of calls from concerned Canadians. But it has been slow to update victims outside the U.S. "Equifax Canada systems and platforms are entirely separated from those impacted by the Equifax Inc. (more...)
Bob Evans Farms, Inc. (NASDAQ:BOBE) Rating Reiterated by Maxim Group Bob Evans Farms, Inc. (NASDAQ:BOBE) Rating Reiterated by Maxim Group
- September 19, 2017

Ameriprise owns 123,111 shares for 0% of their portfolio. Netols Asset Management, Inc. cut its stake by shedding 13,831 shares a decrease of 8.1%. "We have enormous respect for Bob Evans' success and are excited about the growth opportunities this combination will create", said Rob Vitale, president and chief executive officer of Post Holdings. (more...)