Business


Vistra Energy, Dynegy to combine in all-stock deal Vistra Energy, Dynegy to combine in all-stock deal
- October 30, 2017

Dynegy shareholders will receive 0.652 shares of Vistra for each share of Dynegy they own, translating to a price of $13.24 per share. Among 2 analysts covering Vistra Energy Corp. They issued a "buy" rating and a $22.00 price objective for the company. Russell Investments Group Ltd. acquired a new stake in shares of Vistra Energy Corp.in the second quarter valued at approximately $14,710,000. (more...)
UBS AG Trims Axalta Coating Systems Ltd (AXTA) Target Price to $37.00 UBS AG Trims Axalta Coating Systems Ltd (AXTA) Target Price to $37.00
- October 30, 2017

Gruss Capital Management LP purchased a new stake in shares of Axalta Coating Systems in the second quarter worth approximately $31,079,000. This works out to a net increase in ownership of 6.14 million shares, and suggests that institutions are feeling bullish about the stock. (more...)
Insider Activity of Huntington Bancshares Incorporated (HBAN)
- October 30, 2017

Analysts are also projecting an Average Revenue Estimate for Huntington Bancshares Incorporated as $1.1 Million in the Current Quarter. Following previous thoughts, shifting focus on performance of the Huntington Bancshares Incorporated (NASDAQ: HBAN ) that has shown a discernible change in trend levels over the path of recent market activity. (more...)
$-0.01 EPS Expected for INTELGENX TECHNOLOGIES CORP
- October 30, 2017

With 1.78 million avg volume, 4 days are for Automatic Data Processing Incorporated (NASDAQ:ADP)'s short sellers to cover ADP's short positions. State Bank Of Mellon Corporation holds 0.04% or 1.95M shares in its portfolio. BidaskClub raised shares of Automatic Data Processing from a "hold" rating to a "buy" rating in a report on Tuesday, August 1st. Therefore 11% are positive. (more...)
EnLink Midstream Partners LP (ENLK) Analysts See $0.01 EPS
- October 30, 2017

EnLink Midstream ( NYSE ENLC ) traded up 2.58% during mid-day trading on Friday, reaching $15.90. Shares of EnLink Midstream Partners (NYSE: ENLK ) traded up 0.36% during trading on Tuesday, reaching $16.65. The stock of EnLink Midstream LLC (NYSE:ENLC) has "Underweight" rating given on Friday, June 10 by Mitsubishi UFJ. It also upped Voc Energy Trust (Call) stake by 4,000 shares and now owns 10,000 shares. (more...)
RiverPoint Capital Management LLC Purchases 1919 Shares of Emerson Electric Company (EMR)
- October 30, 2017

Emerson Electric Co . (NYSE: EMR ) has risen 18.47% since October 28, 2016 and is uptrending. It has outperformed by 1.77% the S&P500. Captrust Fin Advsr reported 390 shares. Whittier invested 0.43% of its portfolio in Emerson Electric Co . (NYSE: EMR ) for 3,920 shares. Emerson Electric Co . now has an average analyst recommendation of 2.60 according to analysts. (more...)
Quick Look at Shareholder Yield For Rice Midstream Partners LP (NYSE:RMP) Quick Look at Shareholder Yield For Rice Midstream Partners LP (NYSE:RMP)
- October 30, 2017

Its down 88.21% from 21,200 shares previously. With the stock market continuing to move higher, investors may be searching for stocks that are still fairly undervalued. The rating was initiated by Mizuho on Friday, September 30 with "Buy". The stock has "Buy" rating by DA Davidson on Tuesday, May 30. The rating was maintained by RBC Capital Markets with "Hold" on Sunday, September 17. (more...)
Navidea Biopharmaceuticals, Inc (NAVB) closed the last trading session at $0.47
- October 30, 2017

Information in this release is fact checked and produced by competent editors of Hot Stocks Point; however, human error can exist . Looking into the profitability ratios of CAG stock, investor will find its ROE, ROA, ROI standing at 14.7%, 5.7% and 9.6%, respectively. (more...)
Celgene Corporation (NASDAQ:CELG) Sees Unusual Volume Mid-Session Celgene Corporation (NASDAQ:CELG) Sees Unusual Volume Mid-Session
- October 30, 2017

Brave Asset Management Inc now owns 43,918 shares of the biopharmaceutical company's stock worth $4,332,000 after buying an additional 1,468 shares in the last quarter. Therefore 67% are positive. If Celgene Corporation (NASDAQ: CELG ) shares can stay above the price resistance around $100.16 a share, that could help propel Celgene Corporation (NASDAQ: CELG ) higher to the next line of resistance at $102.15 a share. (more...)
South Korean actor Kim Joo-hyuk killed in traffic accident South Korean actor Kim Joo-hyuk killed in traffic accident
- October 30, 2017

He was sent to Konkuk Unive1rsity Hospital, but eventually succumbed to his injuries. Kim's vehicle then crashed into the wall of an apartment complex and flipped down the stairs. The exact cause it yet unknown. He initially received attention as son of late veteran actor Kim Moo-saeng but soon built up his acting credentials through diverse movies and TV shows. (more...)
Strayer Education, Capella to merge in $1.9B deal Strayer Education, Capella to merge in $1.9B deal
- October 30, 2017

Analysts on a consensus basis have a 2.30 recommendation on this stock. About 9.07M shares traded or 24.93% up from the average. It has underperformed by 6.07% the S&P500. (NasdaqGS:STRA) is 0.085924. Alambic Investment Management L.P. bought a new stake in shares of Strayer Education during the second quarter worth $255,000. (more...)
Homebuilder Lennar to buy CalAtlantic Group in United States dollars 9.3 billion deal Homebuilder Lennar to buy CalAtlantic Group in United States dollars 9.3 billion deal
- October 30, 2017

It is now anticipated that the transaction will generate annual cost savings and synergies of approximately $250 million, with approximately $75 million achieved in fiscal year 2018. The south was hit particularly hard as Hurricanes Harvey and Irma cut destructive paths through the region, where new housing construction fell 9.3 percent. (more...)
Thermo Fisher Scientific Inc (TMO) Holdings Trimmed by Ameriprise Financial Inc
- October 30, 2017

Thermo Fisher Scientific Inc develops, manufactures and sells a range of products. (NYSE: TMO ) has risen 15.57% since October 29, 2016 and is uptrending. Cowen & Co maintained it with "Buy" rating and $220.0 target in Friday, September 8 report. The stock has "Hold" rating by Jefferies on Tuesday, August 22. (more...)
FY2017 Earnings Estimate for Barrick Gold Corp Issued By Jefferies Group (ABX) FY2017 Earnings Estimate for Barrick Gold Corp Issued By Jefferies Group (ABX)
- October 30, 2017

The firm has a market capitalization of $17.12 billion, a price-to-earnings ratio of 7.27 and a beta of -0.33. The stock increased 1.17% or $0.17 on October 27, reaching $14.68. The firm earned "Hold" rating on Friday, June 23 by TD Securities. On Tuesday, August 2 the stock rating was initiated by Citigroup with "Buy". The firm has "Buy" rating given on Friday, July 14 by Jefferies. (more...)
Tokyo stocks end flat ahead of Japan, US central bank decisions
- October 30, 2017

Kobe Steel jumped 2.2 percent on a Nikkei report that the troubled steelmaker has chose to withdraw its forecast for current financial year. Shares of Samsung Electronics climbed 2.03 percent ahead of the company's expected Tuesday earnings release in which it is forecast to announce record quarterly profit. (more...)
The Howard Weil Raises Patterson-UTI Energy Inc. (PTEN) Price Target to $27.00
- October 30, 2017

The SMA20 for the stock is at -1.6 percent, SMA50 stands at 6.56 percent, while SMA200 is -9.93 Percent. Patterson-UTI Energy had a negative net margin of 14.73% and a negative return on equity of 7.80%. Gabelli raised shares of Patterson-UTI Energy from a hold rating to a buy rating and set a $26.00 price objective for the company in a research report on Wednesday, September 14th. (more...)
Novartis to acquire cancer specialist in $3.9bn deal Novartis to acquire cancer specialist in $3.9bn deal
- October 30, 2017

Under the terms of the memorandum of understanding, which has been approved by AAA's board of directors, Novartis will make a cash offer of $41 per ordinary share of AAA and $82 per American Depositary Share, valuing AAA's equity at $3.9bn. (more...)
State Bank of Vietnam bans cryptocurrencies State Bank of Vietnam bans cryptocurrencies
- October 30, 2017

Nearly the same news broke out three years ago, in April 2014. The president of Vietnam's FPT University, Le Truong Tung, told Bitcoin News that the Bank believed that if Bitcoin is accepted "it will be hard to control: tax evasion, illegal transfers, payments, financing of illegal transactions will arise and thus state management of money, the economy will become very complex". (more...)
Investors Sell Shares of Caterpillar, Inc. (CAT) on Strength (CAT) Investors Sell Shares of Caterpillar, Inc. (CAT) on Strength (CAT)
- October 30, 2017

The company has market cap of $81.44 billion. It closed at $66.65 lastly. Cervus Equipment Corp (TSE:CERV) has 0.00% since October 29, 2016 and is. Quadrant Capital Group LLC grew its stake in shares of Caterpillar by 10.6% during the second quarter. (more...)
Cooper Tire And Rubber Co Q3 Income Advances 25% Cooper Tire And Rubber Co Q3 Income Advances 25%
- October 30, 2017

Dimensional Fund Advisors LP now owns 4,154,023 shares of the company's stock valued at $145,221,000 after purchasing an additional 67,997 shares in the last quarter. 43 funds opened positions while 79 raised stakes. Amalgamated Natl Bank reported 7,684 shares. Us National Bank & Trust De holds 0.02% or 190,099 shares. (more...)
The Home Depot, Inc. (NYSE: HD)
- October 30, 2017

It is down 1.69% since October 30, 2016 and is uptrending. It has underperformed by 11.02% the S&P500. St. Johns Investment Management Company LLC increased its holdings in Home Depot, Inc. As per Tuesday, August 15, the company rating was maintained by Oppenheimer. Robert W. Baird maintained it with "Buy" rating and $175.0 target in Friday, October 13 report. (more...)
Asda CEO Sean Clarke to step down at end of 2017 Asda CEO Sean Clarke to step down at end of 2017
- October 30, 2017

Mr Clarke said that would work closely with Mr Burnley to ensure a smooth transition in the lead up to, and throughout, the retailer's crucial Christmas trading period. "Since I returned to Asda past year, I have been encouraged by the passion and professionalism of our colleagues and look forward to leading this terrific team". (more...)
Revenue Estimates Analysis The Walt Disney Company (DIS)
- October 30, 2017

The stock decreased 0.23% or $0.23 during the last trading session, reaching $98.31. About 406 shares traded. About shares traded. ASA Gold and Precious Metals Ltd (NYSE:ASA) has declined 1.62% since October 30, 2016 and is downtrending. Jefferies Group LLC reissued a "hold" rating and set a $103.00 price target (down from $110.00) on shares of Walt Disney Company (The) in a research note on Friday, October 6th. (more...)
Cipher Capital LP Grows Position in United Parcel Service, Inc. (UPS)
- October 30, 2017

About 20,577 shares traded or 6.13% up from the average. Arcadia Biosciences Inc (NASDAQ:RKDA) has declined 43.32% since October 29, 2016 and is downtrending. Therefore 32% are positive. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $127.00 price objective on shares of United Parcel Service in a report on Monday, July 3rd. (more...)
Boardwalk Pipeline Partners LP (NASDAQ:BWP) To Report Earnings Boardwalk Pipeline Partners LP (NASDAQ:BWP) To Report Earnings
- October 30, 2017

Ipg Investment Advisors Llc who had been investing in Citigroup Inc Com New Isin#Us1729674242 for a number of months, seems to be bullish on the $201.26B market cap company. BWP's profit would be $62.59 million giving it 13.90 P/E if the $0.25 EPS is correct. Boardwalk Pipeline Partners, LP also announced that it has declared a quarterly cash distribution per common unit of $0.10 ($0.40 annualized) payable on November 16, 2017, to unitholders of record as of November 9, 2017. (more...)
Powerful storm in Europe: death toll rises
- October 30, 2017

In the Czech Republic, falling trees killed a woman near the central city of Trebic and an elderly man in Jicin northeast of Prague. Storm Hewart also knocked out power to thousands of Czechs and Poles. Hamburg suffered widespread flooding as the Elbe River burst its banks, including the area around the new Elbphilharmonie symphony hall. The centre of the German city of Hamburg has been flooded. (more...)
Oil Price Rises above $60 Per Barrel
- October 30, 2017

West Texas Intermediate (WTI) crude futures rose 0.15% to $53.98 a barrel, while futures, the benchmark for oil prices outside the U.S., added 0.07% to $60.17 a barrel. Along with other producers including Russia, Opec agreed to cut output by about 1.8 million barrels per day through March 2018 to balance the market. (more...)
Wynn Resorts, Limited (WYNN) PT Raised to $155.00 at Barclays PLC
- October 30, 2017

Pictet Asset Management Ltd. boosted its stake in Wynn Resorts by 2.2% in the first quarter. The Criterion Capital Management Llc holds 672,803 shares with $90.24 million value, up from 400,256 last quarter. Lombard Odier Asset Mngmt (Usa) Corporation has invested 1.06% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including ... (more...)
Govt extends by a month last date for filing GSTR-2,3 Govt extends by a month last date for filing GSTR-2,3
- October 30, 2017

A Notification in this regard is being issued very shortly. However, the GSTR-1 (sales return) for the same month was filed till October 10. "It is an excellent move to grant a further extension of the return filing timelines, which will enable many more taxpayers to become compliant", says Deloitte India, Partner, MS Mani. (more...)
Pepsico, Inc. (PEP) Holdings Trimmed by Deroy & Devereaux Private Investment Counsel Inc
- October 30, 2017

It has underperformed by 20.83% the S&P500. Markston International Llc decreased Pepsico Inc. The institutional investor held 4.51 million shares of the consumer non-durables company at the end of 2017Q2, valued at $520.48 million, up from 4.41 million at the end of the previous reported quarter. (more...)