Business


Office Depot (ODP) Receiving Somewhat Favorable Press Coverage, Analysis Shows
- October 05, 2017

Shares of ODP moved downward with change of -19.20% to its 50-day Moving average. At the time of writing, Office Depot (ODP) has a 14-day ATR of 0.20. From the opening price, the stock has seen a change of -0.63% recently clocking in with a price of $7.89. The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -22.25%, and has a solid year to date (YTD) performance of -16.37% which means that the stock is constantly adding to its value from the ... (more...)
Boeing agrees to acquire drone maker Aurora Flight Sciences Boeing agrees to acquire drone maker Aurora Flight Sciences
- October 05, 2017

The company has a 50-day moving average of $244.91 and a 200 day moving average of $208.29. The ex-dividend date was set for Wednesday the 9th of August 2017. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and worldwide trademark and copyright laws. (more...)
$1 billion Facebook data center coming to Virginia $1 billion Facebook data center coming to Virginia
- October 05, 2017

Virginia Governor Terry McAuliffe announced Facebook's $750 million investment in Henrico during a Thursday morning press conference at the Virginia State Capitol. The new 975,000-square-foot center will be at White Oak Technology Park on Technology Boulevard in Sandston, not far from the airport. "One of the many important factors in our search for a new data center location is being able to source clean and renewable energy". (more...)
Analysts Rating Review: Rigel Pharmaceutical (RIGL)
- October 05, 2017

Zacks Investment Research upgraded Rigel Pharmaceuticals from a sell rating to a hold rating in a report on Wednesday, September 20th. Jefferies "Maintained" Rigel Pharmaceutical (NASDAQ:RIGL) in a research note issued to investors on 9/16/16 to Buy with price target of $9. (more...)
Gorkhaland row: Anti-Gurung agitators rough up BJP workers in Darjeeling Gorkhaland row: Anti-Gurung agitators rough up BJP workers in Darjeeling
- October 05, 2017

Ghosh will be in Kalimpong on October 4, in Darjeeling on October 5 and later visit Sikkim for a day. On Monday expelled GJM leader Binay Tamang, who was recently made the chairman of Board of Administrators under Gorkha Teritorial Administration (GTA) by the state government, said that BJP leaders were visiting Darjeeling to add "fuel to the fire". (more...)
Wedbush Research Analysts Increase Earnings Estimates for Time Warner Inc (TWX) Wedbush Research Analysts Increase Earnings Estimates for Time Warner Inc (TWX)
- October 05, 2017

Time Warner Inc is a media and entertainment company. Many Institutions have lately modified to their stake in TWX. It also reduced its holding in Restaurant Brands Intl Inc by 242,100 shares in the quarter, leaving it with 39,500 shares, and cut its stake in Dicks Sporting Goods Inc (NYSE:DKS). (more...)
IPG Photonics Corporation (NASDAQ:IPGP) Traded Above Its 50 Day Average
- October 05, 2017

Logan Mngmt Inc holds 55,619 shares or 0.6% of its portfolio. Canaccord Genuity reiterated a "buy" rating and issued a $152.00 price target (up from $138.00) on shares of IPG Photonics Corporation in a research note on Friday, June 16th. IPGP has been the subject of a number of recent analyst reports. Finally, Benchmark Co. reiterated a "buy" rating and issued a $180.00 price target on shares of IPG Photonics Corporation in a research note on Wednesday, August 2nd. (more...)
Rockwell Collins' (COL) "Overweight" Rating Reaffirmed at JPMorgan Chase & Co
- October 05, 2017

Additionally, here are a few investment firms who have increased or decreased their stake in (COL). Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, July 28th. Vanguard Group Inc. grew its stake in Rockwell Collins by 27.0% during the 2nd quarter. This buyback authorization allows the aerospace company to buy up to 1.2% of its shares through open market purchases. (more...)
Interactive Brokers Group, Inc. (NASDAQ:IBKR) Under Analyst Spotlight
- October 05, 2017

It has underperformed by 21.57% the S&P500. The Vice Chairman now owns $849,197 of the stock according to the SEC filing. Municipal Employees Retirement System of MI now owns 15,530 shares of the financial services provider's stock valued at $539,000 after purchasing an additional 190 shares in the last quarter. (more...)
How Many More Massacres Before US Takes Steps to Prevent Them — WashPost How Many More Massacres Before US Takes Steps to Prevent Them — WashPost
- October 05, 2017

And he spoke of the families who "tonight will go to bed in a world that is suddenly empty". "We know that your sorrow feels endless". And we ask God to help see you through this very dark period. Earlier, Trump said the meetings and the response made him "proud to be an American". Killer Stephen Paddock , who ruthlessly murdered 59 concertgoers in Las Vegas , was "sick" and "demented", Donald Trump has said. (more...)
Netflix Raises Price of Its Most Popular US Service Plan Netflix Raises Price of Its Most Popular US Service Plan
- October 05, 2017

The price hikes only affect US customers and will go into effect in November. As Mashable reports , the streaming service will raise the price of both the standard and the premium subscription plans in the United States only. Still, even Netflix's new $10.99 standard tier is cheaper than HBO Now's $14.99 per month plan and Hulu's $11.99 commercial-free plan. The price increase are being driven by Netflix's desire to fatten its profit margins as it spends more money to finance a critically ... (more...)
Bruce Springsteen Is A Fan Of Kanye West's 'The Life Of Pablo'
- October 05, 2017

Kanye West is incredible, you know", he said. Although Springsteen has publicly revealed his admiration for West in the past, it's his most recent album " The Life of Pablo " that he singles out for praise as "an fantastic creation". "I'm ambivalent about... sort of getting on a soapbox", Springsteen said. "My daughter was into Top 40, Taylor Swift and anything that was going on there, so I heard a lot of that through her". (more...)
Investors Buy Large Volume of Call Options on Pfizer (PFE)
- October 05, 2017

In related news, insider Alexander R. Mackenzie sold 15,000 shares of Pfizer stock in a transaction dated Monday, August 7th. About 1,100 shares traded. Glob Endowment Management Limited Partnership owns 98,200 shares for 0.45% of their portfolio. Heritage Wealth Advsrs stated it has 1.03% of its portfolio in Pfizer Inc. (more...)
IRS awards fraud-prevention contract to Equifax, source of massive data breach IRS awards fraud-prevention contract to Equifax, source of massive data breach
- October 05, 2017

Equifax's negligence exposed the personal data of more than 145 million consumers to hackers and identity thieves, but that didn't stop the IRS from paying the credit reporting agency $7.25 million to help the agency prevent fraud. The IRS said it is confident that Equifax's handling of the contracted tasks does not pose any risk to IRS data. "At this time, we have seen no indications of tax fraud related to the Equifax breach, but we will continue to closely monitor the situation", ... (more...)
Tips For Effortless Stocks: The Priceline Group Inc. (NASDAQ:PCLN)
- October 05, 2017

Sawtooth Solutions LLC raised its holdings in shares of The Priceline Group by 28.9% during the first quarter. Looking into last 5 trades, the stock observed a return of nearly 2.29%. Jefferies maintained the shares of PCLN in report on Friday, September 15 with "Buy" rating. One research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. (more...)
Steel Dynamics, Inc. (STLD) Downgraded by Longbow Research
- October 05, 2017

Current market cap is $8.58B and the stock has an EPS of $2.18. About 2.10M shares traded. Among 16 analysts covering Steel Dynamics Inc. It has outperformed by 6.40% the S&P500. Jefferies Group LLC reiterated a "buy" rating and issued a $45.00 price target on shares of Steel Dynamics in a research report on Monday, June 26th. (more...)
Amazon is reportedly testing its own delivery service Amazon is reportedly testing its own delivery service
- October 05, 2017

Amazon.com, Inc. shares rose $1.55 (+0.16%) in premarket trading Thursday. Amazon is exploring the concept of a new delivery system dubbed "project Seller Flex", in which the e-commerce giant will assume a bigger role in functions provided by FedEx and UPS , two people familiar with the plan told Bloomberg . (more...)
BlackBerry Limited (BBRY) Rating Reiterated by Canaccord Genuity
- October 05, 2017

They presently have a $10.00 price objective on the stock. The stock go up so far this year; showing a rise of 60.81% and added with positive flow of 20.04% during recent week. BlackBerry Limited (NASDAQ:BBRY) gross margin percentage stands at 55.4% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent. (more...)
Technical Scrutiny: JPMorgan Chase & Co. (JPM), Regions Financial Corporation (RF)
- October 05, 2017

Jpmorgan Chase now has $339.09B valuation. The stock decreased 1.02% or $0.99 during the last trading session, reaching $96.36. About shares traded. Zumiez Inc. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, March 1. (NASDAQ:ZUMZ) earned "Hold" rating by Zacks on Thursday, August 13. (more...)
Health Insurance Innovations, Inc. (HIIQ) Earns Buy Rating from Cantor Fitzgerald
- October 05, 2017

The ratio worsened, as 62 investment managers opened new and increased positions, while 38 sold and decreased stakes in Health Insurance Innovations Inc. In related news, CFO Michael D. Hershberger sold 17,769 shares of the stock in a transaction on Friday, September 1st. The firm's revenue was up 38.9% compared to the same quarter previous year. (more...)
Stifel Financial Corp Trims Position in Affiliated Managers Group, Inc. (AMG)
- October 05, 2017

The stock has "Hold" rating by Standpoint Research on Sunday, August 9. Stephens Inc. AR lifted its holdings in Affiliated Managers Group by 0.4% in the 2nd quarter. (NYSE:UDR) on Tuesday, October 27 to "Neutral" rating. (NYSE:AMG) has "Buy" rating given on Monday, April 25 by Citigroup. The stock has "Equal-Weight" rating by Morgan Stanley on Tuesday, April 19. (more...)
Starbucks Corporation (NASDAQ:SBUX) Valuation According To Analysts Starbucks Corporation (NASDAQ:SBUX) Valuation According To Analysts
- October 05, 2017

Starbucks Corp now has $77.87B valuation. The stock traded within a range of $53.90 and $54.34. About shares traded. SunOpta, Inc. 07/28/2017 - Starbucks Corporation had its "buy" rating reiterated by analysts at BTIG Research. SBUX's profit would be $793.01 million giving it 24.58 P/E if the $0.55 EPS is correct. After $0.55 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth. (more...)
Today's Brokerage Rating: Fitbit, Inc. (FIT), Zogenix, Inc. (ZGNX)
- October 05, 2017

The SEC filing shows that Missan Andy performed a sale of 25,000 shares. On September 27, 2017, Andy Missan executed a direct sell involving 25000 shares. The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 8.92%, and has a solid year to date (YTD) performance of -10.93% which means that the stock is constantly adding to its value from the previous fiscal year end price. (more...)
Texas Capital Bancshares Inc. TX Has $370000 Position in Wells Fargo & Company Texas Capital Bancshares Inc. TX Has $370000 Position in Wells Fargo & Company
- October 05, 2017

In recent months, Wells Fargo has been under attack for opening 3.5 million unauthorized customer accounts and credit cards. Wells Fargo & Company is maintained at an average hold rating by 31 stock analysts, and there are at least 0.64% of shares outstanding that are now legally short sold. (more...)
Price Target Insights on Applied Materials, Inc. (AMAT) Price Target Insights on Applied Materials, Inc. (AMAT)
- October 05, 2017

After a recent check, it is observed that the insiders for the firm now own 0.10% shares. Flexion Therapeutics, Inc. (FLXN ) climbed 2.36% and its total traded volume was 0.87 million shares contrast to the average volume of 0.51 million shares. (more...)
Hard Facts About Citizens Financial Group, Inc. (NYSE:CFG)
- October 05, 2017

Trading volume for Citizens Financial Group, Inc. was 9,021K on Wednesday. It has outperformed by 34.26% the S&P500. Shell Asset reported 30,457 shares stake. has a 12-month low of $24.22 and a 12-month high of $39.75. Barclays Capital has "Overweight" rating and $105.0 target. BidaskClub cut shares of Citizens Financial Group from a buy rating to a hold rating in a research report on Wednesday, July 19th. (more...)
Tile Shop Hits New 52-Week Floor on Forecast Tile Shop Hits New 52-Week Floor on Forecast
- October 05, 2017

The stock of Tile Shop Hldgs, Inc . The Cross SMA 50/200, also known as the "Golden Cross" is the fifty day moving average divided by the two hundred day moving average. The company presently has an average rating of "Hold" and an average target price of $12.07. Sei Invests has invested 0% in Tile Shop Hldgs, Inc . Finally, Emerald Mutual Fund Advisers Trust grew its holdings in Tile Shop Hldgs by 16.6% in the second quarter. (more...)
TransCanada cancels plans for Energy East pipeline TransCanada cancels plans for Energy East pipeline
- October 05, 2017

The project was first proposed in 2013 and met a lot of resistance, especially in Quebec, where critics said it didn't have enough benefits to make for up for the environmental risk. TransCanada said last month that it would halt its efforts to get regulatory approvals for the controversial projects. "The project would have created jobs in New Brunswick and helped the Canadian economy", Gallant said. (more...)
Texas Instruments Incorporated (NASDAQ: TXN): Technical Snapshots for Investors
- October 05, 2017

TXN has been the subject of several research reports. Clinton Group Inc sold 6,150 shares as Texas Instrs Inc ( TXN)'s stock rose 5.05%. ClariVest Asset Management LLC increased its holdings in shares of Texas Instruments by 8.4% in the 1st quarter. (more...)
Merlin looks to swallow $1bn chunk of Seaworld Merlin looks to swallow $1bn chunk of Seaworld
- October 05, 2017

Merlin , which runs Legoland parks worldwide and owns Madame Tussauds , has made a bid for part of SeaWorld , but SeaWorld's preference is to sell itself whole, the source said. In August, at the time of its interim results, it said it might only be interested in SeaWorld's Busch Gardens assets. "But it takes two parties to do a deal". (more...)