Business


Rio Tinto Plc (RIO) Hits 52-Week High Rio Tinto Plc (RIO) Hits 52-Week High
- August 29, 2017

Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since August 23, 2016 and is uptrending. It has outperformed by 29.98% the S&P500. Rio Tinto Plc now has $86.75 billion valuation. The firm has "Overweight" rating by Piper Jaffray given on Thursday, December 22. The firm has "Buy" rating by Citigroup given on Friday, July 31. The firm has "Outperform" rating by BMO Capital Markets given on Wednesday, July 20. (more...)
Chicos Fas Inc (NYSE:CHS) Institutional Investor Positioning Chicos Fas Inc (NYSE:CHS) Institutional Investor Positioning
- August 29, 2017

The stock's last price was lower from the average trading price of 50 days recorded at $6.2 while enlarging the period to 200 trading days, the average price was $8.21. 30 are owned by Envestnet Asset Inc. (NYSE:CHS) for 61,114 shares. Ameriprise reported 0% of its portfolio in Chico's FAS, Inc. (NYSE:CHS) rating on Monday, November 14. (more...)
Celgene Corporation (NASDAQ:CELG) Slips -0.76% in Pre-Market
- August 29, 2017

Citigroup maintained Plains GP Holdings LP (NYSE:PAGP) on Tuesday, August 15 with "Buy" rating. The stock of Celgene Corporation (NASDAQ:CELG) earned "Outperform" rating by BMO Capital Markets on Friday, July 28. About 1.47M shares traded. Asset Mgmt One stated it has 599,620 shares. Since February 27, 2017, it had 0 buys, and 4 selling transactions for $4.10 million activity. (more...)
Today Analysts Focus on Kimberly-Clark Corporation (KMB), Skyworks Solutions, Inc. (SWKS)
- August 29, 2017

It has underperformed by 16.38% the S&P500. Bahl & Gaynor Inc. now owns 820,081 shares of the company's stock valued at $107,947,000 after buying an additional 382,208 shares in the last quarter. Investors sentiment increased to 0.97 in Q4 2016. Its down 0.05, from 0.95 in 2016Q3. Its up 11.57% from 7.74 million shares previously. 838.20 million shares or 0.09% more from 837.48 million shares in 2016Q3 were reported. (more...)
American Tower Corporation (REIT)
- August 29, 2017

American Tower Corporation (REIT ) had a net margin of 18.58% and a return on equity of 16.70%. Also, EVP Amit Sharma sold 20,747 shares of the stock in a transaction on Friday, August 18th. As per Thursday, June 8, the company rating was maintained by RBC Capital Markets. On Friday, July 28 the stock rating was maintained by Cowen & Co with "Buy". (more...)
Analyst Scores Summary: Frontier Communications Corporation (FTR), Fairmount Santrol Holdings Inc. (FMSA)
- August 29, 2017

The firm has "Underperform" rating given on Monday, July 11 by Macquarie Research. The stock has "Buy" rating by Northland Capital on Thursday, February 25. On a similar note, analysts expect EPS of -$1.1 in September 2017 quarter and -$0.97 in December 2017 quarter, representing 83.33% and 61.67% growth, respectively. (more...)
Gasoline future prices jump in Harvey's wake due to refinery disruptions Gasoline future prices jump in Harvey's wake due to refinery disruptions
- August 29, 2017

An oil refinery in Corpus Christi, Texas . If U.S. oil production is little affected, there could be excess crude with refiners unable to process it to produce fuel. Texas is home to 30 of those with a capacity of 5.7 million bpd. To avoid a fuel shortage, US traders were seeking to import oil product cargoes from North Asia to the United States, several refining and shipping sources told Reuters on Monday. (more...)
Royal Enfield begins production at Vallam Vadagal facility near Chennai Royal Enfield begins production at Vallam Vadagal facility near Chennai
- August 29, 2017

For FY 2017-18, combined production capacity for all three plants is pegged at 825,000 units. In FY2016-17, Royal Enfield produced and sold 667,135 motorcycles, nearing its installed capacity. Meanwhile, the company's sales have grown at a compounded rate of more than 55 per cent in the past 6 years. As Royal Enfield's parent company, the value proposition saw the two-wheeler maker beat competitors with higher revenues. (more...)
Analysts See $-0.02 EPS for Rite Aid Corporation (RAD)
- August 29, 2017

About shares traded. Rite Aid Corporation (NYSE: RAD ) has declined 55.18% since August 28, 2016 and is downtrending. It has underperformed by 71.88% the S&P500. Glazer Ltd Liability, New York-based fund reported 51,000 shares. During the same period in the prior year, the business posted $0.02 earnings per share. (more...)
House prices fall 0.1% in August House prices fall 0.1% in August
- August 29, 2017

Homebuyers in London and the South East have been the most hit by higher stamp duty than the rest of the country since a progressive system of taxation - according to which higher valued properties pay a greater share of total tax than before - was introduced past year. (more...)
Finish Line Board and Management Adopt Poison Pill to Save Their Jobs Finish Line Board and Management Adopt Poison Pill to Save Their Jobs
- August 29, 2017

The rating was downgraded by Monness Crespi & Hardt on Thursday, December 22 to "Neutral". NKE shares are on the decline this morning, as one analyst felt compelled to lower the sports apparel giant's price target amid another weak quarter for a sports apparel retailer. (more...)
AFTER HOURS: Finish Line, Foot Locker, Catalent and more AFTER HOURS: Finish Line, Foot Locker, Catalent and more
- August 29, 2017

It has underperformed by 36.39% the S&P500. Louisiana State Employees Retirement System increased its position in The Finish Line by 1.2% in the first quarter. Victory Mgmt stated it has 0.03% in Finish Line Inc (NASDAQ: FINL ). The company earned 50 cents per share in the year-ago quarter. The Finish Line, Inc ., together with its subsidiaries, operates as a retailer of athletic shoes, apparel, and accessories for men, women, and kids in the United States. (more...)
American Electric Power Company Inc
- August 29, 2017

American Electric Power Company Inc (NYSE: AEP ) has risen 7.63% since August 28, 2016 and is uptrending. It has underperformed by 9.07% the S&P500. Corporation (NYSE:FNB) is noted at 0.25. British Columbia Invest Management invested in 0.14% or 251,959 shares. Carret Asset Limited Co accumulated 79,364 shares. Assetmark holds 0% in American Electric Power Company Inc (NYSE:AEP) or 447 shares. (more...)
Vornado Realty Trust (VNO) Stock Rating Upgraded by BidaskClub Vornado Realty Trust (VNO) Stock Rating Upgraded by BidaskClub
- August 29, 2017

CoreSite Realty had 32 analyst reports since July 24, 2015 according to SRatingsIntel. Market capitalization is the market value of a company's outstanding shares. Garrison Fincl reported 2.3% of its portfolio in Johnson & Johnson (NYSE:JNJ). Highland Mngmt Lp owns 4,000 shares or 0.02% of their U.S. portfolio. Partner Mgmt L P reported 16,663 shares. (more...)
US Dollar Index and Treasury Yields Are Weak in the Early Hours US Dollar Index and Treasury Yields Are Weak in the Early Hours
- August 29, 2017

Meanwhile, a speech by European Central Bank chief Mario Draghi gave little guidance on tapering the bank's bond holdings and heralded globalisation over protectionism. AUD/USD is supported around 0.7919 levels and now trading at 0.7964 levels. The Stoxx Europe 600 index fell 0.5% to 372.29, near session lows. In making a case for strong banking regulations, Fed Chair Janet Yellen also may have been indirectly telling President Donald Trump not to reappoint her. (more...)
Burger King has its own 'whoppercoin' cryptocurrency in Russian Federation Burger King has its own 'whoppercoin' cryptocurrency in Russian Federation
- August 29, 2017

All WhopperCoin transactions are powered by Waves' distributed ledger network. Burger King has partnered with a company called Waves to provide the technology behind the cryptocurrency, including running the blockchain ledger which cryptocurrencies like Whoppercoin and Bitcoin rely on to keep track of transactions that are carried out by cryptocurrency users. (more...)
Marvell Technology Group Ltd. (MRVL) Marvell Technology Group Ltd. (MRVL)
- August 29, 2017

The firmsaw its shares soar after reporting second-quarter results that were at the high end of management's guidance ranges late Thursday. Praxair Inc now has $37.75B valuation. The firm has "Buy" rating given on Thursday, May 25 by Credit Suisse. Keefe Bruyette & Woods has "Buy" rating and $4800 target. The rating was maintained by Susquehanna with "Positive" on Friday, August 7. (more...)
Air Products and Chemicals, Inc. (APD), ICICI Bank Limited (IBN)
- August 29, 2017

Air Products & Chemicals, Inc. (NYSE:APD) on Friday, July 29 with "Neutral" rating. Staples, Inc.is a provider of services and products that serve the needs of business clients and consumers. Pershing Square Capital Management Lp decreased Air Prods & Chems Inc (APD) stake by 3.84% reported in 2016Q4 SEC filing. (NYSE:BMS) on Wednesday, April 6 to "Neutral" rating. (more...)
'Hasta La Vista' PPI: claims to be terminated by August 2019 'Hasta La Vista' PPI: claims to be terminated by August 2019
- August 29, 2017

Regulators and consumer groups have urged people to complain directly amid a crackdown on the activities of claims management firms - an industry largely born from the PPI scandal - with gripes ranging from cold-calling to high fees. We want to encourage people to decide whether to find out if they had PPI and whether to complain or not, ' said Andrew Bailey, chief executive of the FCA. (more...)
NTPC share sale: Institutional investors' portion oversubscribed NTPC share sale: Institutional investors' portion oversubscribed
- August 29, 2017

The base price is at almost 4% discount to NTPC's Monday close on BSE at Rs 173. NTPC fell more than 4 percent in early trade Tuesday on equity dilution by the government through offer for sale route. This year the government plans to raise Rs 72,500 crore through divestment. If that option is exercised, NTPC will raise Rs 14,000 crore. The government had revised its divestment target on February 1, 2017 to Rs 45,500 crore. (more...)
Locals help Harvey victims Locals help Harvey victims
- August 29, 2017

The storm's not over yet and they know it's going to be a long haul. It takes time and money to store, sort, clean and distribute donated items, which diverts limited time and resources away from helping those most affected. Almost a half million people eventually could end up seeking some sort of assistance before the disaster is over. Harvey continues to dump buckets of rain as it moves northeast across Texas and Louisiana, but it won't have an impact on Winchester's weather. (more...)
Best Buy Co Inc (BBY) Q2 Earnings, Q3 Outlook Blow Away Expectations Best Buy Co Inc (BBY) Q2 Earnings, Q3 Outlook Blow Away Expectations
- August 29, 2017

Moreover, Loomis Sayles & Lp has 0% invested in Best Buy Co Inc (NYSE: BBY ). Gsa Capital Partners Llp, which manages about $4.63 billion and $1.67 billion US Long portfolio, decreased its stake in Costco Whsl Corp New (NASDAQ:COST) by 62,151 shares to 2,334 shares, valued at $374,000 in 2016Q4, according to the filing. (more...)
Danaher Corporation (DHR) Position Raised by Burns JW & Co. Inc. NY
- August 29, 2017

The firm has a market capitalization of $57.08 billion, a price-to-earnings ratio of 26.22 and a beta of 1.03. The stock rose 0.26% or $0.21 reaching $82.37 per share. The rating was upgraded by RBC Capital Markets on Tuesday, September 8 to "Outperform". Limited Ca holds 1.98% of its portfolio in Danaher Corporation (NYSE: DHR ) for 363,710 shares. (more...)
Are Analysts Bullish about Pfizer Inc. (NYSE:PFE) after last week?
- August 29, 2017

Procter And Gamble Co now has $235.29B valuation. The brokerage now has a neutral rating on the biopharmaceutical company's stock. Of those insider trades, 0 shares of Pfizer Inc. Shareholders of record on Friday, August 4th will be issued a $0.32 dividend. Its down 0.01, from 0.95 in 2016Q3. It dived, as 60 investors sold PFE shares while 672 reduced holdings. (more...)
Ford, Domino's to study autonomous pizza delivery vehicles Ford, Domino's to study autonomous pizza delivery vehicles
- August 29, 2017

But until we have robots capable of replacing the pizza boy, the delivery service will not be truly door-to-door. But while the hot pies will arrive in an autonomous-capable Ford Fusion, there will still be a company engineer at the wheel, manually driving the auto through the streets of the Midwestern city that is home to the University of MI. (more...)
Pinnacle Financial Partners Inc. Has $10.08 Million Position in Amazon.com, Inc Pinnacle Financial Partners Inc. Has $10.08 Million Position in Amazon.com, Inc
- August 29, 2017

Vigilant Capital Lc stated it has 0.19% of its portfolio in Amazon.com, Inc. (NYSE:DHI) on Monday, March 21 with "Outperform" rating. Robert W. Baird reaffirmed an "outperform" rating and issued a $850.00 target price on shares of Amazon.com in a research report on Monday, May 1st. (more...)
Advance Auto Parts Inc (AAP) Shares Sold by BNP Paribas Arbitrage SA
- August 29, 2017

The firm earned "Neutral" rating on Wednesday, August 17 by Citigroup. The rating was maintained by Keefe Bruyette & Woods on Wednesday, August 9 with "Hold". Awm Investment Company Inc. owns 743,639 shares or 1.9% of their United States portfolio. Huntington National Bank now owns 1,046 shares of the company's stock valued at $122,000 after buying an additional 283 shares during the period. (more...)
Featured Stock: American Airlines Group Inc. (AAL)
- August 29, 2017

U S Global Investors Inc bought 29,064 shares as the company's stock declined 3.60% while stock markets rallied. The institutional investor held 62,600 shares of the transportation company at the end of 2016Q4, valued at $2.92M, down from 81,600 at the end of the previous reported quarter. (more...)
Uber lets you visit multiple destinations in a single trip Uber lets you visit multiple destinations in a single trip
- August 29, 2017

This will result in proper coordination and the pickup will be faster and cost effective since they don't have to switch between apps or incur call charges. Similar to how you add multiple routes on Google Maps, you can add your stops on the Uber app now, and you don't have to negotiate with your driver to let you pick your friend up from the way. (more...)
Analyst Research and Ratings: Abbott Laboratories (ABT), TransCanada Corporation (TRP)
- August 29, 2017

About 5.14 million shares traded. Facebook Inc (NASDAQ:FB) has risen 26.75% since August 28, 2016 and is uptrending. It has outperformed by 2.25% the S&P500. The forecast of 13 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Moreover, Ares Management Llc has 0.06% invested in the company for 97,253 shares. (more...)