Business


Asian markets open steady after Wall Street notches record highs Asian markets open steady after Wall Street notches record highs
- September 21, 2017

The major indexes hit record highs this week but trading has kept a tight range as investors waited on the Fed. The sector has risen in seven of the last eight sessions, clocking a 6 per cent rise in that time. Best Buy (BBY.N) declined 8% after the No. 1 USA electronics retailer forecast fiscal 2021 adjusted earnings well below Wall Street estimates. Japan's Nikkei stock index ended two per cent higher after touching its highest levels since late June, catching up to global equities gains ... (more...)
Midday Report: Stocks Slightly Higher Ahead of Fed Meeting
- September 21, 2017

High-dividend stocks like household goods makers and utilities fell. That encouraged selling in government bonds, pushing yields, which move in the opposite direction to prices, higher. The euro strengthened to $1.1997 from $1.1953. Humana slid $8.41, or 3.4 percent, to $240.04. With the unexpected decrease, existing home sales fell to their lowest annual rate since hitting 5.34 million last August. (more...)
Stocks Nearly Flat As Fed Announcement Looms Stocks Nearly Flat As Fed Announcement Looms
- September 21, 2017

Oil prices were set for their largest third-quarter gain in 13 years after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts. The Fed is expected to hold interest rates steady, but investors will be looking for clues on the expected pace of further tightening later this year and next. (more...)
Arista Networks, Inc. (ANET) Hits New 52-Week High Arista Networks, Inc. (ANET) Hits New 52-Week High
- September 21, 2017

The company's stock had a trading volume of 973,759 shares. Below is a list of Arista Networks Inc (NYSE: ANET ) latest ratings and price target changes. If you are accessing this article on another website, it was copied illegally and republished in violation of U.S. and worldwide copyright and trademark laws. (more...)
Markets Right Now: Stocks wobble after Fed, but close higher Markets Right Now: Stocks wobble after Fed, but close higher
- September 21, 2017

Among stocks, Tesla was down 1.35 percent in premarket trading after Jefferies started coverage of the electric auto maker's stock with "underperform". Individual companies also shaped markets on Wednesday. Johnson Controls rose 3 percent and American Airlines rose 2.3 percent. Most of the major sectors are showing only modest moves on the day, although strength is visible among telecom and brokerage stocks. (more...)
Oppenheimer Asset Management Inc. Purchases 75364 Shares of Progressive Corporation (The) (PGR)
- September 21, 2017

Peak6 Investments Lp owns 0.01% invested in Progressive Corp (NYSE:PGR) for 22,147 shares. Three analysts have rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the stock. (more...)
United States open: Stocks edge higher ahead of Fed United States open: Stocks edge higher ahead of Fed
- September 21, 2017

Oil prices clung to gains with a barrel of crude rose two cents at $49.91. Benchmark 10-year notes fell 11/32 in price to yield 2.29 percent, up from 2.24 percent before the Fed's statement and the highest level since August 8. The dollar was up 0.49 percent against the Japanese currency at 111.38 yen. The Nasdaq edged down less than zero.1 percent at 6,456.9-4. USA crude rose 1.5 percent to $50.65 per barrel and Brent was last at $55.86, up 1.75 percent on the day. (more...)
Errant Equifax tweet sends breach victims to site flagged for phishing Errant Equifax tweet sends breach victims to site flagged for phishing
- September 21, 2017

Thankfully, the maker of the spoofed site seems more interested in calling out Equifax for their incompetence than stealing the personal information of unsuspecting victims. Telang said even he had been unsure at first whether it was safe to enter his information. Sweeeny said that he had taken steps to protect the data of consumers who inadvertently ended up at his site. (more...)
Does $8.74 justifies Spirit Realty Capital, Inc. (SRC) shares?
- September 21, 2017

Spirit Realty Capital, Inc. shares had a trading volume of 12,846K on Friday. According to analysts Spirit Realty Capital Inc (NYSE: SRC)'s minimum EPS for the current quarter is at $0.06 and can go high up to $0.07. The stock rose 0.51% or $0.05 reaching $8.78. Spirit Realty Capital, Inc is a self-administered and self-managed real estate investment trust (REIT). (more...)
US Senate Set for New Health Law Repeal Debate US Senate Set for New Health Law Repeal Debate
- September 21, 2017

The foundation set up the Goalkeepers event in NY to highlight progress in fighting poverty and disease around the globe. "If this bill becomes law, our health care system will be dramatically curtailed, and there will be chaos in many states". (more...)
Atletico to host 2019 Champions League final Atletico to host 2019 Champions League final
- September 20, 2017

The Wanda has a capacity of 68,000, which seems sufficient, but there were fears that Atletico might lose out given the lack of VIP seats but this was vehemently denited . "It will be the first big worldwide final held at our stadium, which opened on September 16 last in a La Liga game of Atletico against Malaga [1-0]". (more...)
Donaldson Capital Management Raises Stake in Honeywell International
- September 20, 2017

Also, Director Linnet F. Deily unloaded 4,344 stocks of the firms shares in a trade dated Mon, Aug 7th. It has underperformed by 16.70% the S&P500. Sns Financial Group Llc increased Honeywell Intl Inc (HON) stake by 497.03% reported in 2016Q4 SEC filing. (more...)
Why Traders Are Chasing Rowan Companies plc (RDC), Denbury Resources Inc. (DNR)
- September 20, 2017

Other equities research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Denbury Resources from a "hold" rating to a "buy" rating and set a $3.00 price objective for the company in a research report on Tuesday, November 8th. (more...)
Research Firm Zacks Is Lowering Gap, (NYSE:GPS) To Keep Research Firm Zacks Is Lowering Gap, (NYSE:GPS) To Keep
- September 20, 2017

Gap Inc Del now has $11.07 billion valuation. The success of these endeavors was clearly visible when Gap's second-quarter fiscal 2017 marked its second straight earnings beat, and sales topped estimates for the fifth consecutive quarter. Gap, Inc . has a 52-week low of $17.00 and a 52-week high of $30.74. OPNT has diverse figures for different time frames; starting from week's performance legging behind returns of -0.83% in last five regular trading sessions. (more...)
Hurricane Maria makes landfall in Puerto Rico as Category 4 hurricane
- September 20, 2017

Maria came ashore near the eastern municipality of Yabucoa. Puerto Rico Governor Ricardo Rossello told NPR that the territory has opened 500 shelter and is expecting "severe devastation". "We're going to have to rebuild", he said. President Trump had earlier offered his support via Twitter : "Puerto Rico being hit hard by new monster Hurricane. (more...)
Queer Celebrities Lena Waithe and Kate McKinnon Win Emmys Queer Celebrities Lena Waithe and Kate McKinnon Win Emmys
- September 20, 2017

Kaling was nominated in 2010 along with co-writer Greg Daniels for their work on "The Office" episode "Niagara" (and the award that year went to the writers of the " Modern Family " pilot). And television is better, because women like Waithe are in it. You probably heard the actress/producer/writer shout out her long-time lady when she took the stage to accept her Emmy for her coming out story on Master of None . (more...)
Wells Fargo & Company (NYSE:WFC) Position Boosted by LGT Capital Partners LTD. Wells Fargo & Company (NYSE:WFC) Position Boosted by LGT Capital Partners LTD.
- September 20, 2017

The Firm is a diversified financial services company. The firm has "Buy" rating by Keefe Bruyette & Woods given on Friday, August 25. Robert W. Baird reissued a "buy" rating and issued a $58.00 price objective on shares of Wells Fargo & in a research report on Tuesday, September 5th. (more...)
Zara store owner sees solid profit growth in H1 Zara store owner sees solid profit growth in H1
- September 20, 2017

Gross margins, however, slipped by 1.8 percentage points from the first three months of the year to 56.4% of sales, "mainly due to the mix effect caused by the strong appreciation of the euro versus most major currencies since June", the company said. (more...)
NGAM Advisors LP Purchases 9521 Shares of Mondelez International, Inc. (MDLZ)
- September 20, 2017

Cibc World Markets Corp decreased its stake in Mondelez Intl Cin Cl A ( MDLZ ) by 28.7% based on its latest 2016Q4 regulatory filing with the SEC. Cambiar Investors Llc bought 837,381 shares as the company's stock rose 5.43% with the market. (more...)
Prudential Financial, Inc. (PRU) Shares Sold by Capital Growth Management LP
- September 20, 2017

It has underperformed by 39.21% the S&P500. Huntington National Bank increased Prudential Financial Inc ( PRU ) stake by 1.99% reported in 2016Q4 SEC filing. The company was maintained on Monday, November 28 by FBR Capital. The rating was initiated by Credit Suisse on Friday, October 7 with "Neutral". The firm has "Hold" rating given on Monday, June 26 by RBC Capital Markets. (more...)
A Few Clear Signs For KB Home (KBH), Duke Energy Corporation (DUK)
- September 20, 2017

Advantage Investment Management LLC now owns 1,697 shares of the utilities provider's stock valued at $139,000 after acquiring an additional 462 shares in the last quarter. Argus Research downgraded the stock to "Hold" rating in Wednesday, April 6 report. Duke Energy Corp (NYSE:DUK) has risen 8.31% since September 19, 2016 and is uptrending. (more...)
Bank Stocks Move Higher Ahead of Federal Reserve Meeting Bank Stocks Move Higher Ahead of Federal Reserve Meeting
- September 20, 2017

A relatively quiet North Korea and U.S. Secretary of State Rex Tillerson's comments on a "peaceful solution" over the weekend eased some concerns for investors. Canada has already raised interest rates twice in recent months, while the Bank of England shocked many last week by flagging its own coming increases. (more...)
Post Holdings to Buy Bob Evans For $77 Post Holdings to Buy Bob Evans For $77
- September 20, 2017

BidaskClub upgraded shares of Bob Evans Farms from a "hold" rating to a "buy" rating in a research report on Wednesday, August 2nd. They set a neutral rating and a $76.00 price objective on the stock. Bob Evans Farms's payout ratio is 22.08%. The business also recently declared a quarterly dividend, which was paid on Monday, September 18th. Stockholders of record on Monday, September 4th were given a dividend of $0.34 per share. (more...)
Analyst's Viewpoints: Staffing 360 (STAF) and Plug Power Inc (PLUG)
- September 20, 2017

Thanks to a rise of nearly 32.63% in the past five days, the stock price is now up 10.47% so far on the year - still in strong territory. Consistent with its previous acquisitions, Staffing 360 will retain all of the branding of the acquired businesses. (more...)
Winter Olympics 2018: South Korea president Moon Jae-in meets Thomas Bach Winter Olympics 2018: South Korea president Moon Jae-in meets Thomas Bach
- September 20, 2017

In his address to the U.N. General Assembly, the US leader said his country will have no choice but to "totally destroy North Korea" if forced to defend itself or its allies. North Korea conducted its sixth, and by far its most powerful, nuclear test on 3 September, a move which has led to sanctions from the United Nations . (more...)