Business


New York Community Bancorp Inc
- August 10, 2017

The financial services provider reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.03. During the session shares traded on below-average volume. Whittier Trust accumulated 500 shares. 5,530 are held by Independent Port Consultants. During the same quarter past year, the firm earned $0.26 EPS. BidaskClub upgraded New York Community Bancorp from a "strong sell" rating to a "sell" rating in a research note on Tuesday, June 13th. (more...)
Chesapeake Energy Corporation (NYSE:CHK) Shares Sold by KCG Holdings Inc Chesapeake Energy Corporation (NYSE:CHK) Shares Sold by KCG Holdings Inc
- August 10, 2017

Heritage Commerce Corp. (HTBK) has risen 32.65% since August 9, 2016 and is uptrending. It has underperformed by 5.59% the S&P500. Trading volume for Chesapeake Energy Corporation was 27,392K by the end of trading on Wednesday. The company was downgraded on Wednesday, June 21 by Macquarie Research. The firm has "Sell" rating given on Friday, October 21 by UBS. Royal Bank Of Canada set a $7.00 target price on shares of Chesapeake Energy Corporation and gave the stock a "hold" rating in ... (more...)
Phillips 66 Partners LP (PSXP) Stock Rating Upgraded by BidaskClub
- August 10, 2017

After the latest check-in, company stock is -2.61% off of the 50 day high and 12.09% away from the 50 day low price. Winslow Evans & Crocker Inc. now owns 4,616 shares of the oil and gas company's stock worth $366,000 after buying an additional 236 shares during the last quarter. (more...)
Price Target Analysis Och-Ziff Capital Management Group LLC (OZM)
- August 10, 2017

Compass Point has "Buy" rating and $8.50 target. On Tuesday, May 31 the stock rating was maintained by RBC Capital Markets with "Outperform". The firm has "Outperform" rating given on Wednesday, March 9 by Robert W. Ratings analysis reveals 0 of Och-Ziff Capital's analysts are positive. The company is expected to report EPS as high as $0.06 and as low as $0.01 per share. (more...)
E*TRADE Financial Corporation (NASDAQ:ETFC) Receives $37.94 Average Target Price from Analysts
- August 10, 2017

Columbus Hill Management LP has invested 1.36% of its portfolio in Capital One Financial Corp. (NYSE: COF ) has risen 13.81% since August 8, 2016 and is uptrending. Its up 0.30, from 0.59 in 2016Q3. Other hedge funds and other institutional investors have also recently modified their holdings of the company. 24 funds opened positions while 40 raised stakes. (more...)
Swiss franc, yen rise as North Korea tensions brew Swiss franc, yen rise as North Korea tensions brew
- August 10, 2017

Nervous trading marked the 10th anniversary of the start of the financial crisis on Wednesday, after Donald Trump's warning that North Korea faced "fire and fury like the world has never seen" if it continued to make threats against the US. (more...)
New Zealand holds interest rate at record low New Zealand holds interest rate at record low
- August 10, 2017

Governor Graeme Wheeler said in a statement that economic growth was expected to pick up in the coming months, supported by strong net migration, low interest rates and spending outlined in the May Budget. "Longer-term inflation expectations remain well anchored at around 2.0 per cent", he said, which would place it in the middle of the targeted 1.0-3.0 per cent inflation band. (more...)
India eyeing 40 lakh cruise tourists in 5 years: Gadkari India eyeing 40 lakh cruise tourists in 5 years: Gadkari
- August 10, 2017

And for that reason alone, GST should not apply", he said. "We will not bring our ships here in any significant numbers all the while that cruising attracts any GST", he said. He also flagged concerns on port charges and transit charges. He said that the cruise terminals will be constructed at five ports namely Mumbai, Goa, Manalore, Kochi and Chennai. (more...)
Markets Right Now: Stocks drift lower on Wall Street
- August 10, 2017

The Australian dollar, which rose to a 19-month high near 90.00 yen late in July, slipped 1 percent to a one-month low of 86.43 yen. MARKETS OVERSEAS: In Europe, Germany's DAX was down 1.1 percent, while France's CAC 40 fell 1.4 percent. (more...)
Founders Capital Management Increases Stake in Bristol-Myers Squibb Company (BMY)
- August 10, 2017

Cambiar Invsts Ltd Liability Company accumulated 1.16 million shares. Its up 2.02% from 8.37M shares previously. Currently, Bristol-Myers Squibb Company net profit margin for the 12 months is at 22.54%. Wilbanks Smith & Thomas Asset Mngmt Limited Com holds 0.38% or 73,046 shares in its portfolio. California-based Tcw Gp has invested 0.07% in Bristol-Myers Squibb Co (NYSE:BMY). (more...)
Jittery stock markets fall amid global tension over North Korea Jittery stock markets fall amid global tension over North Korea
- 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. As of 12:18 BST, the Footsie had given up 62.13 points to stand 0.82 percent lower at 7,480.60. (more...)
LP Sells 1356514 Shares of Gilead Sciences, Inc. (NASDAQ:GILD)
- August 10, 2017

Sell-side analyst recommendations point to a short term price target of $80.48 on the shares of Gilead Sciences, Inc. In other news, EVP Gregg H. Alton sold 15,000 shares of the company's stock in a transaction dated Tuesday, August 1st. BMO Capital Markets reaffirmed an "outperform" rating and issued a $82.00 target price (up from $72.00) on shares of Gilead Sciences in a research note on Thursday, July 27th. (more...)
Zillow Group, Inc. (NASDAQ:Z) Stake Raised by State Street Corp Zillow Group, Inc. (NASDAQ:Z) Stake Raised by State Street Corp
- August 10, 2017

Utah Retirement Systems now owns 9,600 shares of the technology company's stock worth $469,000 after buying an additional 300 shares in the last quarter. Several equities research analysts recently issued reports on the stock. Stifel Nicolaus reissued a buy rating and issued a $54.50 price objective (up from $46.00) on shares of Zillow Group in a research report on Friday, June 30th. (more...)
Disney To Launch ESPN Streaming Service, Leave Netflix By 2019 Disney To Launch ESPN Streaming Service, Leave Netflix By 2019
- August 10, 2017

But optimists believe ESPN has the clout to strike better deals with cable and satellite-TV companies that would ensure the channel reached more households and raise the price Disney gets from cable distributors. "Ultimately, we envision this will become a dynamic sports marketplace that will grow and be increasingly customizable, allowing sports fans to pick and choose content that reflects their personal interests", Iger said on a conference call with analysts. (more...)
Puzo Michael J Has $875000 Stake in McCormick & Company, Incorporated (MKC)
- August 10, 2017

Zacks' sales calculations are an average based on a survey of research firms that cover McCormick & Company, . Moreover, Huntington Fincl Bank has 0% invested in McCormick & Company, Incorporated (NYSE: MKC ). Trust Co. of Vermont now owns 45,767 shares of the company's stock worth $4,464,000 after buying an additional 720 shares during the last quarter. Armstrong Henry H Associates Inc acquired 13,035 shares as Mccormick & Co (MKC)'s stock rose 3.48%. (more...)
Disney to Pull Movies from Netflix, Launch Its Own Streaming Service
- August 10, 2017

Disney will use BAMTech's proprietary technology to create its two new platforms; first up in 2018 will be a streaming ESPN network, while a Disney-branded platform will debut in 2019. Big titles coming that year include " Toy Story 4 ", " Frozen 2 ", and the live-action " The Lion King ", CNBC reported . The company previously held a 33 percent stake in the company under an agreement that included an option to acquire a majority stake over several years. (more...)
Learning Technologies Group PLC (LTG) Raised to Buy at Numis Securities Ltd Learning Technologies Group PLC (LTG) Raised to Buy at Numis Securities Ltd
- August 10, 2017

The SI to Henry Schein Incorporated's float is 2.6%. The OTC listed company saw a recent bid of 0.0340 and 41100 shares have traded hands in the session. On Monday, May 1 the stock rating was maintained by BMO Capital Markets with "Hold". On Wednesday, February 3 the stock rating was maintained by Canaccord Genuity with "Buy". (more...)
Are Analysts Bullish about Viacom, Inc. (NASDAQ:VIAB) after last week?
- August 10, 2017

Five equities research analysts have rated the stock with a sell rating , seventeen have given a hold rating and eleven have issued a buy rating to the company's stock. 27 analysts on average are expecting the company to report revenue of $3.29 Billion for the current quarter. Viacom's quarterly revenue was up 8.3% on a year-over-year basis. (more...)
Portland General Electric Company Portland General Electric Company
- August 10, 2017

Also, there are 1 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.55 average brokerage recommendation. Therefore 0 are positive. The stock has an average rating of "Hold" and an average target price of $30.08. Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. General Electric Company (NYSE:GE) shares have experienced a recent steady downtrend, causing some concern for shareholders. (more...)
Apollo Global Management, LLC (NYSE:APO) Receives An Update From Brokers Apollo Global Management, LLC (NYSE:APO) Receives An Update From Brokers
- August 10, 2017

As per Monday, March 28, the company rating was upgraded by SunTrust. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/08/09/apollo-global-management-llc-apo-given-new-28-00-price-target-at-morgan-stanley.html. (more...)
Disney To Launch A Streaming Service In 2019 4 mins ago
- August 10, 2017

Disney has announced it will cut ties with Netflix and Amazon in order to launch its own streaming service. The service has about a fourth of the subscribers as Netflix , but is backed by NBCUniversal, FOX, Disney, and Turner. globally on many fronts, including our ongoing relationship with Marvel TV", Netflix said in a statement released to the media. What could this mean for Netflix? Nope, it's just the quality of Netflix's content. (more...)
Mallinckrodt PLC (MNK) Reaches New 1-Year Low at $38.62
- August 10, 2017

It has underperformed by 47.09% the S&P500. A-R-T- Advisors Llc increased Pacific Ethanol Inc (PEIX) stake by 470.44% reported in 2016Q4 SEC filing. $50,466 worth of Mallinckrodt PLC (NYSE:MNK) shares were bought by Trudeau Mark. Hicks Michael-Bryant bought 290 shares worth $14,602. Investors sentiment increased to 1.85 in 2016 Q4. (more...)
The Antares Pharma, Inc. (ATRS) Given Consensus Rating of "Buy" by Brokerages
- August 10, 2017

It has a market cap of $478.66 Million. The stock price also has got the drift of 23.73% off from the 200-day moving average. Rubric Capital Management LP boosted its position in shares of Antares Pharma by 103.7% in the first quarter. Wells Fargo & Company MN raised its stake in shares of Antares Pharma by 21.6% in the first quarter. Reinhart invested in 2.29% or 1.27M shares. Gross profit surged to $7.8 million from $4.9 million past year, primarily attributable to the increase in ... (more...)
Kite Pharma, Inc. (NASDAQ:KITE) Sees Significantly Higher Trading Volume
- August 10, 2017

The company is so far trading down by -0.31% since yesterday's close of $120.13. KCG Holdings Inc.'s holdings in Kite Pharma were worth $335,000 at the end of the most recent reporting period. Kite Pharma, Inc., launched on June 1, 2009, is a clinical-stage biopharmaceutical company. The firm had revenue of $10.10 million during the quarter, compared to the consensus estimate of $9.59 million. (more...)
EPS for MAG Silver Corp (MAG) Expected At $
- August 10, 2017

About shares traded. Pan American Silver Corp . The firm owned 36,000 shares of the industrial goods maker's stock at the end of the second quarter. Comerica Bank raised its position in Pan American Silver Corp .by 7.9% in the fourth quarter. (more...)