Markets

Slow-Moving Hurricane Harvey Causes Massive Destruction in Texas

Slow-Moving Hurricane Harvey Causes Massive Destruction in Texas Emergency services are warning of " catastrophic flooding" across Texas as Hurricane Harvey continues to linger over the state. According to the National Weather Service, the last time a Category 4 storm hit Texas was Hurricane Carla in 1961. [Full Article...]

The British American Tobacco PLC (BTI) Stock Rating Upgraded by Investec

The British American Tobacco PLC (BTI) Stock Rating Upgraded by Investec About 215,455 shares traded. It has outperformed by 1.08% the S&P500. Among 22 analysts covering British American Tobacco PLC (LON:BATS), 13 have Buy rating, 3 Sell and 6 Hold. Schafer Cullen Capital Management Inc grew its position by buying 12,365 shares an increase of 1.0% as of 06/30/2017. It also upped Ishares Tr Floating Rate Nt Et (FLOT) stake by 9,405 shares and now owns 410,479 shares. [Full Article...]

Concho Resources Inc (NYSE:CXO) Institutional Investor Sentiment Is 1.47

Corporate insiders own 0.99% of the company's stock. (CMI) has risen 43.32% since August 25, 2016 and is uptrending. It has underperformed by 12.68% the S&P500. Next quarter's EPS is forecasted to be $0.33 and the next full year EPS is anticipated to be $1.77. Sold All: 40 Reduced: 127 Increased: 164 New Position: 81. [Full Article...]

U.S. stocks up, dollar down as Yellen mum on interest rates

Ms. Yellen, in her Friday speech, said the postcrisis financial overhauls were a necessary response to the events of last decade and have left the USA financial system "substantially safer" and better positioned to absorb future shocks without causing a broad economic downturn. [Full Article...]

U.S. central bank chief rebukes Trump over plan to lift regulations

U.S. central bank chief rebukes Trump over plan to lift regulations In a speech last February, he said: "I have so many people, friends of mine, that had nice businesses". "The regulators are running the banks, so we are going to do a very major haircut on Dodd-Frank" he said during a town hall monitored by FOX Business . [Full Article...]

Stocks To Invest: Westlake Chemical Corporation (WLK), TerraForm Power, Inc. (TERP)

Stocks To Invest: Westlake Chemical Corporation (WLK), TerraForm Power, Inc. (TERP) Fibrocell Science Inc (NASDAQ:FCSC) has declined 57.80% since August 25, 2016 and is downtrending. It has underperformed by 52.18% the S&P500. This move has generated increased interest from both analysts and investors.Since the start of the calendar year, Westlake Chemical Corporation (NYSE:WLK)'s stock has changed 30.86%. [Full Article...]

European Union nationals apply to become British citizens since Brexit vote

European Union nationals apply to become British citizens since Brexit vote The motivation for such a data-sharing partnership in the face of the more isolationist Brexit action is likely down to the fact that the UK's data economy is estimated to have a potential future worth of £240 billion. He made the remarks in the Commons in July when grilled by MPs over demands from Brussels that Britain must pay a bill of tens of billions of pounds to cover the cost of ... [Full Article...]

Deutsche Bank AG Reiterates "Hold" Rating for Victrex plc (VCT)

Deutsche Bank AG Reiterates It has underperformed by 67.48% the S&P500. The firm has "Sell" rating given on Friday, March 10 by Liberum Capital. Sharecast quoted the analysts as explaining that the stock had sharply underperformed the FTSE 100 index in the past two months, and that with 26-percent upside to its price target, a likely upcoming catalyst in the form of a Typhoon contract award from Saudi Arabia, and an unprec... [Full Article...]

Stock Rating Update on the Shares of Delcath Systems Inc (DCTH)

The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. (DCTH) is its Earnings per Share or EPS. Shares are now up +10.48% over the past year, underperforming the broad market by -10.35% and underperformed a peer group of similar companies by -57%. [Full Article...]

Brokerages Set Brookfield Infrastructure Partners LP (BIP) Price Target at $45.81

Brokerages Set Brookfield Infrastructure Partners LP (BIP) Price Target at $45.81 The dividend payment was $0.445 per share for the quarter which is $1.78 annualized. Capital World Investors now owns 5,215,000 shares of the utilities provider's stock worth $213,297,000 after buying an additional 1,932,672 shares during the last quarter. [Full Article...]

Hurricane Harvey Has Knocked Out 25 Percent of Gulf Gas Production

Per the Associated Press , before the hurricane made landfall on Friday night, "Dozens of oil and gas platforms had been evacuated, at least three refineries had closed and at least two petrochemical plants had suspended operations". Refineries in the Corpus Christi area have started to shut down in anticipation of the storm. Energy companies have pulled workers from offshore oil platforms an... [Full Article...]

Whole Foods Market (NASDAQ:WFM) Loses "Overweight" Rating

On August 24 the stock rating was downgraded to "Equal-Weight" from "Overweight" in a report issued by Barclays. The rating was downgraded by Tigress Financial on Monday, August 7 to "Neutral". Next quarter's EPS is expected be $0.39 and the next full year EPS is projected to be $1.40. Analysts expect next quarter's EPS will be $0.39 and the next full year EPS is anticipated to be $1.40. [Full Article...]

Novare Capital Management LLC Decreases Stake in Occidental Petroleum Corporation (OXY)

It fall, as 66 investors sold OXY shares while 349 reduced holdings. Hedge funds have recently made changes to their positions in the stock. Note, this compares with a consensus analyst forecast of 0.13 in earnings per share for its next fiscal quarterly report. [Full Article...]

Losing Traction in Session: Veeva Systems Inc. (NYSE:VEEV)

Losing Traction in Session: Veeva Systems Inc. (NYSE:VEEV) The institutional investor held 8,275 shares of the prepackaged software company at the end of 2016Q4, valued at $337,000, up from 90 at the end of the previous reported quarter. VEEV's profit will be $20.84 million for 93.10 P/E if the $0.15 EPS becomes a reality. Therefore 57% are positive. Morgan Stanley downgraded Veeva Systems from an "overweight" rating to an "equal weight" rating and raised... [Full Article...]

Cqs Cayman LP Increases Stake in Bhp Billiton LTD (BHP)

Cqs Cayman LP Increases Stake in Bhp Billiton LTD (BHP) The company was maintained on Wednesday, July 22 by JP Morgan. The rating was maintained by Jefferies with "Hold" on Monday, July 10. This article was written with the last trade for BHP Billiton plc being recorded at Friday, August 25, 2017 at 12:47:49 PM GMT with the stock price trading at 1454 GBX. [Full Article...]

Tesla, Inc. (NASDAQ:TSLA) Trading Up - Insiders Are Selling

Tesla, Inc. (NASDAQ:TSLA) Trading Up - Insiders Are Selling The 5 months bullish chart indicates low risk for the $23.96 billion company. It was reported on Aug, 25 by Barchart.com . If the $49.65 price target is reached, the company will be worth $1.20 billion more. now owns 394 shares of the electric vehicle producer's stock valued at $109,000 after buying an additional 364 shares during the period. A number of large investors have recently added to o... [Full Article...]

Diamond Offshore Drilling, Inc. (NYSE:DO) Under Analyst Spotlight

Diamond Offshore Drilling, Inc. (NYSE:DO) Under Analyst Spotlight The stock decreased 2.50% or $0.26 during the last trading session, reaching $10.34. It has underperformed by 14.21% the S&P500. Alexandria Cap Ltd Liability Com has 0% invested in Diamond Offshore Drilling Inc (NYSE:DO) for 1 shares. Aqr Capital Mgmt Ltd holds 0.07% or 2.71M shares in its portfolio. Oppenheimer And Commerce reported 96,357 shares stake. Liberty Mutual Group Asset Mngmt invested i... [Full Article...]

CVS Health Corporation (CVS) -4.42% off from 200- SMA

Tightening the gaze, stock performance for the last 5 trading days is -4.44%. DSP Group, Inc. (NASDAQ:DSPG) has risen 26.15% since August 25, 2016 and is uptrending. Its down 0.16, from 1.38 in 2016Q3. The correct version of this article can be viewed at https://stocknewstimes.com/2017/08/26/cvs-health-corporation-cvs-shares-sold-by-davidson-garrard-inc.html. [Full Article...]

Yellen, Draghi mount defense of post-crisis financial rules

Yellen said "substanial progress"?had been made in the almost 10 years since the crisis on reducing unemployment and keeping inflation in check and lowering the risks to financial stability. Yellen's familiarity among investors may be welcome to a White House facing an acrimonious political battle to avoid a debt ceiling deadline next month, and still reeling from criticism over its response to Ch... [Full Article...]

Which Way Traders Signposts Intel Corporation (INTC), Gilead Sciences, Inc. (GILD) Stocks?

Afam Incorporated invested 0.64% of its portfolio in Gilead Sciences , Inc. The stock decreased 0.27% or $0.08 on August 25, reaching $29.39. About 855,294 shares traded. (NASDAQ:GILD). Financial Counselors reported 8,875 shares. Hodges Management, Texas-based fund reported 41,254 shares. The Massachusetts-based Cubic Asset Ltd Liability Com has invested 0.64% in Gilead Sciences , Inc. [Full Article...]


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