Business


High Expectations For PBF Energy Inc. (NYSE:PBF), But Is There Upside?
- August 12, 2017

Its position stood at $4,938,000 an increase of 11.8% as of the end of the quarter. Several research firms have recently commented on PBF. Clinton Group Inc. Price-to-Earnings Ratio is the current share price divided by annual earnings per share. Analysts anticipate that PBF Energy Inc. will post $0.37 earnings per share for the current year. (more...)
Tax Free Holiday this weekend Tax Free Holiday this weekend
- August 12, 2017

Friday through Sunday, shoppers will not have to pay taxes on school supplies , or clothes and shoes priced under $100. "As the father of three young children, I know how these expenses can add up". "When we found out it was tax free weekend we were like yea, were going shopping, because we don't have anything like that", Mary Schroeder said. (more...)
Encana Corporation (ECA) Position Increased by Public Sector Pension Investment Board
- August 12, 2017

BlackRock Inc. now owns 21,896,113 shares of the oil and gas company's stock valued at $256,403,000 after buying an additional 21,702,894 shares in the last quarter. Encana Corporation's payout ratio is presently 6.98%. If you are reading this story on another domain, it was illegally stolen and republished in violation of U.S. (more...)
Synchrony Finl (SYF) Shareholder Clearbridge LLC Lowered Holding
- August 12, 2017

Shares of Synchrony Financial (SYF ) opened at 30.72 on Wednesday. The average revenue per share growth rate of Synchrony Financial during the past 12 months was 16.4 percent. Synchrony Financial announced that its board has initiated a share repurchase program on Thursday, May 18th that authorizes the company to repurchase $1.64 billion in shares. (more...)
Fidelity National Financial Inc. Holds Stake in Targa Resources, Inc. (NYSE:TRGP)
- August 12, 2017

ILLEGAL ACTIVITY WARNING: "Targa Resources, Inc". Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Shares of Targa Resources (TRGP) traded down 0.65% during mid-day trading on Wednesday, reaching $45.92. Moreover, Joel Isaacson & Ltd Com has 0.02% invested in Targa Resources Corp (NYSE:TRGP) for 1,638 shares. (more...)
Tesla's Gigafactory is Already Making A Mind Boggling Amount of Batteries Tesla's Gigafactory is Already Making A Mind Boggling Amount of Batteries
- August 12, 2017

Dimensional Fund Advisors LP now owns 96,896 shares of the electric vehicle producer's stock valued at $20,707,000 after buying an additional 20,082 shares in the last quarter. The correct version of this article can be accessed at https://stocknewstimes.com/2017/08/11/keywise-capital-management-ltd-has-40-98-million-position-in-tesla-inc-tsla-updated.html. (more...)
Scripps Networks Interactive, I (SNI) Investment Increased by Thrivent Financial For Lutherans
- August 12, 2017

The company had a trading volume of 1,365,124 shares. The stock of Scripps Networks Interactive, Inc . ( SNI ) recently closed with rise of 10.98% to its 20-Day Simple Moving Average. The firm has "Neutral" rating given on Wednesday, March 23 by Citigroup. On July 20, 2017 Wells Fargo starting coverage on the stock giving it an initial rating of "Market Perform". (more...)
Traders Alert: Endo Int'l Plc (ENDP)
- August 12, 2017

The company now has a consensus rating of "Hold" and an average price target of $14.86. As of the last earnings report the EPS was $-15.20 and is estimated to be $3.52 for the current year with 223,158,000 shares now outstanding. The company holds 1.68 billion outstanding shares and 1.68 billion shares are floating in market. Endo International plc, launched on October 31, 2013, is a generics and specialty branded pharmaceutical company. (more...)
Dow Chemical Company (The) (DOW) Shares Sold by Two Sigma Securities LLC
- August 12, 2017

It has underperformed by 3.50% the S&P500. D L Carlson Investment Group Inc decreased its stake in Cvs Health Corp. Jaffetilchin Investment Partners Llc increased Dow Chem Co (DOW) stake by 116.53% reported in 2016Q4 SEC filing. Eastman Chemical presently has an average rating of "Buy" and a consensus price target of $89.44. The rating was upgraded by Bank of America on Thursday, October 13 to "Buy". (more...)
Tesla $1.5bn funding bid to fund 'scaling up' with Model 3 Tesla $1.5bn funding bid to fund 'scaling up' with Model 3
- August 12, 2017

Tesla's market cap surpassed giant automakers like Ford and General Motors earlier this year, despite its relatively tiny share of the auto market. Since December, Tesla has burned through more than $350 million in cash, and the spending on ramping up Model 3 production is just beginning. (more...)
Vanguard Group Inc. Increases Position in NxStage Medical, Inc. (NASDAQ:NXTM)
- August 12, 2017

Goldman Sachs Group Inc has invested 0% in NxStage Medical, Inc . Hedge funds and other institutional investors own 91.11% of the company's stock. Norges Bank acquired a new position in NxStage Medical during the fourth quarter valued at approximately $11,841,000. (more...)
Tesla's 2Q loss widens, but results beat forecasts Tesla's 2Q loss widens, but results beat forecasts
- August 12, 2017

Tesla ended the quarter with $3 billion in cash. The company's net loss increased to $336.4 million for the second quarter - more than $43 million higher than the same time a year earlier. "I still think we want to do the insane thing in the future", Musk further explained. And countries like Norway now has so many Teslas and the government help people to adapt the new electric auto concept. (more...)
Gold steady near 2-mth highs as N. Korea tensions continue Gold steady near 2-mth highs as N. Korea tensions continue
- August 12, 2017

The fact that ended with a 1%-plus drop, however, might be good news. The euro, which hit its highest since the start of 2015 on August 2, dipped 0.1 percent to $1.1761 in morning trade in Europe. Against the yen, the euro last traded at 128.29 yen, down 0.2 percent. Japan is the world's biggest creditor nation and there is an assumption investors there will repatriate funds should a crisis eventuate. (more...)
TSX hits 1-month low on N. Korea tensions, lower oil prices TSX hits 1-month low on N. Korea tensions, lower oil prices
- August 12, 2017

Investors' unease over escalating tensions between the USA and North Korea pushed gold and bond prices higher. NORTH KOREA: President Donald Trump warned North Korea of " fire and fury " this week in response to recent threats from Pyongyang, which said it was examining plans for attacking Guam, a US territory in the Pacific with a military base. (more...)
FTSE ends down as shares hit by US-North Korea tensions
- August 12, 2017

Thus, investors were switching from stocks to safe-haven options. On Friday basic resource stocks dropped 2.6 percent to a month low as Chinese base metal prices collapsed as political pressures took their toll. Trump, whose threat this week to bring "fire and fury" was dismissed by North Korea, said Thursday his statement might not have been "tough enough". (more...)
Former GOP Sen. Gordon Humphrey: 'Seriously Sick' Trump Must Be Replaced ASAP
- August 12, 2017

Trump has warned North Korea it faced " fire and fury " over its threats, CNN noted . Sen. Lindsey Graham, R-S.C., urged Democrats to "park their hatred of Donald Trump " while the threats by North Korea loom. To allay these concerns, the Trump administration should publicly declare its agreement with the constitutional requirement that any preemptive attack on North Korea must be debated and authorized by Congress. (more...)
Swiss franc consolidates after rallying hard on North Korea tensions Swiss franc consolidates after rallying hard on North Korea tensions
- August 12, 2017

Although Japan could be in the front line of any clash with North Korea , the yen is benefiting because Japan is the world's biggest creditor nation and Japanese investors tend to repatriate funds in times of stress, attracting other flows. (more...)
US Stocks Slip as North Korea Tensions Persist US Stocks Slip as North Korea Tensions Persist
- August 12, 2017

ENERGY: Benchmark U.S. crude gained 1 cent to $49.57 a barrel in electronic trading on the New York Mercantile Exchange. WALL STREET: Losses in health care and consumer-focused companies pulled USA stocks lower, snapping a 10-day winning streak for the Dow Jones industrial average. (more...)
Featured Stock to Focus: The Walt Disney Company (DIS)
- August 12, 2017

On Friday, August 28 the stock rating was maintained by FBR Capital with "Buy". Finally, United Capital Financial Advisers LLC raised its stake in Walt Disney Company (The ) by 20.3% in the fourth quarter. Hudson Canyon Investment Counselors Limited Liability Company accumulated 14,616 shares. The firm's price-to-sales ratio was noted 2.86 in contrast with an overall industry average of 5.41. (more...)
Hussman Strategic Advisors Inc. Has $814000 Stake in Nabors Industries Ltd. (NBR)
- August 12, 2017

Wall Street analysts are predicting that Immunogen Inc (NASDAQ:IMGN) will report earnings per share of $-0.3 in their quarterly report. Several other equities research analysts have also commented on the stock. Stockholders of record on Tuesday, September 12th will be given a dividend of $0.06 per share. "Overweight" signal reported by 3 and "Underweight" rating was suggested by 0. (more...)
Gold Hits 2-Month Peak As North Korea Repeats Guam Threat Gold Hits 2-Month Peak As North Korea Repeats Guam Threat
- August 11, 2017

Tensions have soared in recent months with US President Donald Trump this week warning of "fire and fury" against Pyongyang, which threatened missile strikes near the US territory of Guam. During the Cuban missile crisis, former president Kennedy made sure the USA didn't box in Khrushchev in order to maintain peace. "I'm pretty confident that the USA will protect us". (more...)
First National Bank of Omaha Reduces Position in Verizon Communications Inc. (VZ)
- August 11, 2017

It has underperformed by 25.18% the S&P500. Cadence Cap Mgmt Ltd Company reported 0.97% in Verizon Communications Inc. It closed at $36.18 lastly. It has outperformed by 1.12% the S&P500. It increased, as 60 investors sold VZ shares while 658 reduced holdings. Therefore 27% are positive. Two research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. (more...)
Amazon Could Use Military Technology to Ship Food Without Refrigeration Amazon Could Use Military Technology to Ship Food Without Refrigeration
- August 11, 2017

Retailers quizzed by Reuters said that the technology could be a "potential disruptor" for the fast-growing food delivery sector. Amazon .com ( AMZN ) is exploring the use of cutting edge food technology first developed for the US military to ship prepared meals without refrigeration as it continues its market disrupting move into the grocery business, Reuters reported. (more...)
Price Target Analysis Precision Drilling Corporation (PDS)
- August 11, 2017

Precision Drilling Corporation earned a media sentiment score of 0.13 on Accern's scale. The consensus mean EPS for the current quarter is at $-0.08 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. (more...)
Dow Jones Industrial Average Slides As North Korea Tensions Rise Dow Jones Industrial Average Slides As North Korea Tensions Rise
- August 11, 2017

However, rising geopolitical tensions, a batch of tepid earnings reports and economic data showing sluggish inflation and productivity growth have raised the prospect of a more prolonged pullback. But the market quickly bounced back, led by numerous tech stocks that were sinking on Thursday. Macy's sank 10.3 per cent and Kohl's lost 5.8 per cent. (more...)