Economy
Things to Know About Carter Page, the Man at the Center of the Memo
A declassified House Intelligence Committee memo published on February 2 showed that the Federal Bureau of Investigation and Department of Justice (DOJ) had obtained a Foreign Intelligence Surveillance Act (FISA) warrant to spy on Carter Page, who was a volunteer for Donald Trump's presidential campaign. [Full Article...]
XPO Logistics Inc (XPO) Shares Sold by American Century Companies Inc
WARNING: " XPO Logistics Inc (NYSE:XPO) Shares Sold by First American Trust FSB" was originally published by StockNewsTimes and is the property of of StockNewsTimes. (NYSE:XPO). Barclays Public Limited Liability Corp reported 0% in XPO Logistics, Inc. Therefore 90% are positive. Credit Suisse Group upped their target price on XPO Logistics from $76.00 to $79.00 and gave the company an "outperform... [Full Article...]
Analyst Advice And Earnings Insight: Skyworks Solutions, Inc
Connors Investor Services Inc who had been investing in Skyworks Solutions for a number of months, seems to be bullish on the $17.51B market cap company. The stock of Manulife Financial Corporation (NYSE:MFC) has "Buy" rating given on Wednesday, September 21 by Dundee Securities. The firm has "Neutral" rating given on Thursday, January 12 by Goldman Sachs. [Full Article...]
Oil dips amid rout in stocks, bonds; dollar gains
Forecasts suggest crude supplies could rise. " Oil prices could not escape the risk-off mood in financial markets". Meanwhile, there's concern about being "too long ahead of tonight's API report". The global benchmark crude traded at a premium of US$3.75 to April WTI. The US Federal Reserve followed the wages data with indications that it would accelerate its interest rate hike schedule to ... [Full Article...]
Analyst Recommendations for: Costco Wholesale Corporation (COST), Baidu, Inc. (BIDU)
It has outperformed by 1.89% the S&P500. Clifford Swan Investment Counsel Llc increased Costco Wholesale Corp. The 52-Week High range of the stock is $199.88, while the 52-week low range is $150. Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Thursday, December 14th. The insider MEISENBACH JOHN W sold 3,000 shares worth $580,230. [Full Article...]
Credit Suisse liquidating XIV Feb. 20
The institutional investor held 291,439 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $28.43 million, down from 350,585 at the end of the previous reported quarter. CS made the move since the intraday indicative value off XIV was 20% or less of the prior day's closing indicative value, which created an acceleration event. [Full Article...]
USA stocks set to fall again after Monday slump
Investors read newspapers as they monitor stock prices at a brokerage house in Beijing on Tuesday. On Monday, the Dow fell to below 24,000 but regained some of its midday losses to close at 24,345. Friday's U.S.jobs report showed wages grew at a faster pace in January, and investors anxious that that means inflation is speeding up, and that the Federal Reserve will have to raise interest rat... [Full Article...]
Los Angeles Times Said to Be Nearing Sale to Billionaire Doctor
Tronc (TRNC) is set to announce that it will sell the Los Angeles Times to one of the media giant's biggest shareholders, the Washington Post is reporting . Rumors began circulating last spring that Soon-Shiong may attempt to buy Tronc or the Times in early 2018. The abrupt move will mark the end of a long and troubled relationship between the LA Times and Chicago-based Tronc , wh... [Full Article...]
Brokerages Expect Vipshop Holdings Ltd
The stock decreased 3.83% or $4.81 during the last trading session, reaching $120.91. About 9.88M shares traded. (NYSE:BR) has risen 17.08% since February 5, 2017 and is uptrending. Investors sentiment decreased to 1 in 2017 Q3. Its up 0.02, from 0.82 in 2017Q2. Thompson Siegel Walmsley Ltd Llc reported 199,525 shares or 0.09% of all its holdings. [Full Article...]
Institutional Investors Are Dumping Unum Group (NYSE:UNM)
Equities analysts anticipate that Unum Group will post $4.17 earnings per share for the current fiscal year. It has outperformed by 12.90% the S&P500. Sold All: 25 Reduced: 178 Increased: 123 New Position: 49. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.08 by $0.05. [Full Article...]
Scandals drag Commonwealth Bank's first half net profit to $4.9 billion
CBA booked an A$375 million expense to pay civil penalties and legal fees related to money-laundering claims and an A$200 million provision for further expected costs related to regulatory, compliance and remediation programs . "In accordance with accounting standards, we have taken appropriate provisions". CBA said the $375 million was a "reliable estimate" of the penalty a court may impose on... [Full Article...]
Essex Property Trust, Inc. (NYSE:ESS): VC in The Spotlight
Mackenzie Financial Corp who had been investing in Starwood Ppty Tr Inc for a number of months, seems to be bullish on the $5.24B market cap company. (NYSE:STWD), stock is trading $23.01 above the 52-week high and has displayed a high EPS growth of 2.10% in last 5 years. [Full Article...]
The Benin Management CORP Grows Position in Bristol-Myers Squibb Company (BMY)
II . About 1.07M shares traded. Its down 9.95% from 7.44 million shares previously. With 490,300 avg volume, 6 days are for Noah Holdings Limited (NYSE:NOAH)'s short sellers to cover NOAH's short positions. 9,340 shares valued at $560,400 were sold by Caldarella Joseph C on Wednesday, September 6. Private Capital Advsrs reported 0.15% in Bristol-Myers Squibb Company (NYSE:BMY). [Full Article...]
Growth Report on Microchip Technology Incorporated (NASDAQ:MCHP)
The stock decreased 4.08% or $3.81 during the last trading session, reaching $89.5. Microchip Technology Incorporated (NASDAQ: MCHP ) has risen 68.30% since February 5, 2017 and is uptrending. Etrade Capital Limited Co holds 0.03% or 10,302 shares in its portfolio. Raymond James Tru Na owns 11,438 shares for 0.02% of their portfolio. If we look at the Volatility of the company, Week Volatility... [Full Article...]
Cowen Reaffirms "Buy" Rating for Western Digital (NASDAQ:WDC)
The stock price decreased -4.47% in three months and mounted 0.88% for the last six months trading period. About 32,469 shares traded. Gilead Sciences, Inc. Since September 13, 2017, it had 0 insider purchases, and 2 insider sales for $262,957 activity. The stock has "Overweight" rating by Barclays Capital on Tuesday, August 16. [Full Article...]
Growth Report on Cypress Semiconductor Corporation (NASDAQ:CY)
Also, the number of investment professionals holding Cypress Semiconductor Corp in their top 10 holdings increased from 2 to 5 for an increase of 3. The disclosure for this sale can be found here. The stock price value Change from Open was at -3.62% with a Gap of -0.84%. Several large investors have recently modified their holdings of ON. [Full Article...]
KeyCorp Reiterates $195.00 Price Target for Pioneer Natural Resources (PXD)
The stock decreased 1.01% or $1.74 during the last trading session, reaching $170.08. About 4.55 million shares traded or 124.66% up from the average. Its down 0.07, from 1.1 in 2017Q2. 73 funds opened positions while 209 raised stakes. Bingham Osborn & Scarborough Ltd Liability invested in 0.63% or 6,962 shares. [Full Article...]
£250m Tesco accounting fraud trial abandoned
He has been standing trial on charges of fraud and false accounting alongside former United Kingdom boss Chris Bush and the former head of commercial food John Scouler. The trial had already been subject to several delays, but had nearly reached the stage when the jury would go out to deliberate on a verdict. 'In the circumstances it would not be right or proper to continue with this trial and... [Full Article...]
Vodafone Group plc (VOD) Receives "Equal weight" Rating from Barclays PLC
According to MarketBeat, Vodafone now has a consensus "hold" rating and an average valuation of 248.79p. The firm earned "Buy" rating on Friday, February 12 by Jefferies. The company was downgraded on Tuesday, January 17 by HSBC. Deutsche Bank maintained Vodafone Group Plc (LON:VOD) rating on Wednesday, April 6. They now have a GBX 225 ($2.91) price objective on the cell phone carrier's stock. [Full Article...]
Altria Group Inc (MO) Shares Bought by Evercore Wealth Management LLC
The firm has "Hold" rating given on Thursday, October 26 by Deutsche Bank. UBS maintained the shares of MO in report on Monday, July 31 with "Neutral" rating. Atalanta Sosnoff has invested 1.05% in Altria Group, Inc. (NYSE:MO) is 3848. The lower the ERP5 rank, the more undervalued a company is thought to be. [Full Article...]