Markets

Stock Floundering in Session: Pitney Bowes Inc. (NYSE:PBI)

Stock Floundering in Session: Pitney Bowes Inc. (NYSE:PBI) Finally, Kentucky Retirement Systems purchased a new position in shares of Pitney Bowes during the fourth quarter valued at approximately $205,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Pitney Bowes by 0.5% in the fourth quarter. [Full Article...]

SPDR Dow Jones Industrial Average ETF

SPDR Dow Jones Industrial Average ETF However, UAA stock is set to open with a 2.6% drop after running headlong into key technical resistance on Monday, as the athletic apparel name lowered its full-year sales forecast and unveiled a restructuring plan - which includes layoffs. [Full Article...]

Under Armour is plunging after disappointing earnings

Under Armour is plunging after disappointing earnings Private Capital Management Inc. acquired a new stake in Under Armour during the first quarter worth $158,000. Compton Capital Management Inc. WI increased its stake in shares of Under Armour by 11.4% in the first quarter. UA has been the topic of a number of analyst reports. Finally, Robert W. Baird reissued an "underperform" rating and issued a $14.00 target price on shares of Under Armour ... [Full Article...]

MGM Resorts International (NYSE:MGM) Price Target Raised to $39.00

MGM Resorts International (NYSE:MGM) Price Target Raised to $39.00 Shares of MGM Resorts International (MGM) opened at 32.93 on Tuesday. Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MGM Resorts International's payout ratio is now 26.04%. MGM has been the topic of a number of recent analyst reports. MGM was included in 41 notes of analysts from August 5, 2015. [Full Article...]

Piper Jaffray Companies Increases Shopify Inc. (SHOP) Price Target to $110.00

Piper Jaffray Companies Increases Shopify Inc. (SHOP) Price Target to $110.00 Hedge funds and other institutional investors own 60.98% of the company's stock. Toronto Dominion Bank now owns 1,630 shares of the software maker's stock worth $111,000 after buying an additional 973 shares in the last quarter. Company fiscal year is ending in December and analysts' consensus recommendation is Outperform for JPM and estimated EPS for next quarter is $ 1.67. Shopify had a negative... [Full Article...]

Aperio Group LLC Acquires 410182 Shares of Fiat Chrysler Automobiles NV (FCAU)

Aperio Group LLC Acquires 410182 Shares of Fiat Chrysler Automobiles NV (FCAU) FormulaFolio Investments LLC acquired a new position in shares of Fiat Chrysler Automobiles N.V. during the first quarter valued at $114,000. As of quarter end Camelot Portfolios, LLC had acquired 2,161 shares growing its position 3.2%. [Full Article...]

Team India to play a record 23 matches between Sept-Dec

Playing a total of 23 global matches (three Test matches , 11 ODIs , nine T20Is ) in a span of four months is no easy task and fatigue could be a major concern for the Ravi Shastri-coached India team. THe BCCI's Tours and Fixtures Committee however did not announce the dates keeping in mind the logistics. "So, those spaces had to be adjusted with other activities", he said. [Full Article...]

'Shubh Mangal Saavdhan's trailer: Ayushmann, Bhumi are back with entirely new concept!

'Shubh Mangal Saavdhan's trailer: Ayushmann, Bhumi are back with entirely new concept! Meanwhile, Shubh Mangal Saavdhan also featured Bhumi Pednekar , with whom Ayushamann co-starred in Shubh Mangal Saavdhan . The trailer of Bhumi Pednekar and Ayushmann Khurana's upcoming release, Shubh Mangal Savdhaan was released on Tuesday. [Full Article...]

Nine things to know about the new Tesla Model 3

Nine things to know about the new Tesla Model 3 Both the Model S and the Model X SUV were delayed and then plagued with pesky problems, like doors that don't work and blank screens in their high-tech dashboards . Tesla will initially focus on a configuration starting at $44,000. Barclays analyst Brian Johnson has an underweight rating on Tesla and price target of 165. [Full Article...]

BP share price climbs as it beats expectations

BP share price climbs as it beats expectations BP is targeting a break-even oil price of $35 a barrel to $40 a barrel, a sign of how pessimistic big oil companies have become about the oil market's future. Underlying replacement cost profit, the industry's preferred measure, fell to $684m (£517.7m) in the second quarter, down from $1.5bn in the first quarter, but higher than analyst expectations of $500m. [Full Article...]

Lumber Liquidators' shares soar on first profit since 2015 scandal

Lumber Liquidators' shares soar on first profit since 2015 scandal This is an increase over its losses per share of 45 cents from the same time a year ago. It is positive, as 17 investors sold Lumber Liquidators Holdings Inc shares while 38 reduced holdings. Zacks Investment Research raised Lumber Liquidators Holdings from a "hold" rating to a "buy" rating and set a $28.00 price objective on the stock in a research note on Wednesday, July 5th. [Full Article...]

Royal Caribbean Cruises Ltd. (NYSE:RCL)

Royal Caribbean Cruises Ltd. (NYSE:RCL) The company's North American products and Asia itineraries have been performing strongly over the past few quarters. Eqis Capital Management Inc. now owns 2,370 shares of the company's stock valued at $259,000 after buying an additional 8 shares during the period. [Full Article...]

PSA completes acquisition of Vauxhall/Opel

PSA completes acquisition of Vauxhall/Opel General Motors came close to selling Opel and Vauxhall in 2009 after its bankruptcy; however, it retained its European division to maintain its brand presence outside the USA. It hopes to achieve substantial economies of scale and in purchasing, manufacturing and R&D projected at €1.7 billion ($2 billion). The combination of our strengths will enable us to turn Opel and Vauxhall into a profitabl... [Full Article...]

DC-area forecast: Sunny and more humid today; thunderstorm chance starting tomorrow

DC-area forecast: Sunny and more humid today; thunderstorm chance starting tomorrow A low of about 60. Wind: S 5-10 miles per hour. Patchy fog will be possible but not as widespread as Monday night . The forecast for the weekend calls for mostly sunny skies with highs in the 80s. Saturday: Mostly cloudy, humid, chance for scattered showers & t'storms. Tuesday night ... A chance of thunderstorms through the evening. Chance of rain is 20 percent. [Full Article...]

Leaked images of Samsung's high-end flip phone leave little to the imagination

Leaked images of Samsung's high-end flip phone leave little to the imagination There is no information available on the release date of the SM-G9298. Coming back to the Samsung SM-G9298, some of its key specs were revealed by the TENAA listing. The outside display supports Samsung's Always-On display. The storage space can be further expanded up to 256GB with a microSD card. The device also features a 12MP shooter on the rear, along with a 5MP selfie camera, and also... [Full Article...]

New Residential Investment Corp

New Residential Investment Corp The firm owned 80,845 shares of the real estate investment trust's stock after buying an additional 71,845 shares during the period. 14-day Williams %R for New Residential Investment Corp . During the same quarter in the prior year, the business earned $0.52 EPS. In the latest earnings report the EPS was $2.04 and is estimated to be $2.12 for the current year with 307,334,000 shares now outstan... [Full Article...]

Brokers Add To Their Ratings On Lexington Realty Trust (NYSE:LXP)

Brokers Add To Their Ratings On Lexington Realty Trust (NYSE:LXP) In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. [Full Article...]

Arvind Panagariya resigns as NITI Aayog Vice Chairman to return to teaching

Arvind Panagariya resigns as NITI Aayog Vice Chairman to return to teaching He, has, however told the Prime Minister that he would be available for serving the nation in anyway possible while continuing his academic assignment. Modi chose him to head the new think tank to decide policies for accelerating India's growth after his government dismantled the Soviet-style Planning Commission that functioned for 64 years. [Full Article...]

Nisa "well positioned" despite McColl's supply deal with Morrisons

Nisa Following the acquisition, the latter converted most Safeway's 479 stores into Morrisons shops, while others were sold off. Morrisons announced late a year ago that it planned to resurrect the Safeway brand. Shares in Wm Morrison Supermarkets (LON:MRW) have gained ground in today's session as the blue-chip grocer announced that it had inked a wholesale supply deal with McColl's. [Full Article...]

Maruti Suzuki sales grows 20.6% in July'17

Maruti Suzuki sales grows 20.6% in July'17 Exports stood at 11,345 units, as against 11,338 units sold in July 2016. Maruti Suzuki on Tuesday said that it sold 1,65,346 vehicles in July 2017 as against the same month of previous year registering a growth of 20.6%. The total domestic passenger vehicle sales rose 21.9%, the company said. With all this, passenger cars sales increased 19.4 percent to 1.11 lakh units compared with same m... [Full Article...]


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