Money


Kellogg names new CEO Kellogg names new CEO
- September 28, 2017

Kellogg Co replaced chief executive John Bryant with food industry veteran Steven Cahillane on Thursday as the world's largest cereal maker continues efforts to halt 2-1/2 years of declining sales. "It has been my pleasure to serve as the CEO of Kellogg Company over the past seven years", Bryant said in a press release. Cahillane said Kellogg had "tremendous growth opportunities before us". (more...)
Wall Street closes higher after Trump's tax framework Wall Street closes higher after Trump's tax framework
- September 28, 2017

Shares of big banks, including Bank of America and Goldman Sachs, were up about 2 percent on rising bets of a third interest rate hike this year following Federal Reserve Chair Janet Yellen's comments on Tuesday. "They can call me all they want, it's not going to help". A weaker euro - a boon for exporters - pushed European equities higher. The Russell 2000 small-cap index rose 1.9 percent and hit a record high. (more...)
China imposes Oil and Textile sanctions on North Korea China imposes Oil and Textile sanctions on North Korea
- September 28, 2017

The president's office did add that "analysis is still ongoing so we will keep you posted ". South Korea's weather agency said a magnitude 3.2 earthquake was detected in North Korea on Saturday close to where the country recently conducted a nuclear test, but it assessed the quake as natural. (more...)
What the Insider Data Suggests About Devon Energy Corporation (DVN) What the Insider Data Suggests About Devon Energy Corporation (DVN)
- September 28, 2017

Insider ownership during the previous year has increased by a net of 364159 shares. Devon Energy Corp (NYSE:DVN) has risen 13.24% since September 27, 2016 and is uptrending. Devon Energy Corporation's payout ratio is now 5.47%. Citigroup maintained it with "Neutral" rating and $53 target in Thursday, August 4 report. UBS maintained it with "Sell" rating and $30 target in Thursday, June 16 report. (more...)
Vacuum maker Dyson to build an electric auto Vacuum maker Dyson to build an electric auto
- September 28, 2017

Dyson told staff in a letter, the battery technology already in the company's cordless vacuums and hairdryers could be re-purposed. "The team went on to develop a much more sophisticated technology". "Moreover, together with its wider design flair and engineering capability and that the fact it is a private company (with "patient capital") has meant that Dyson has the confidence and long term resources to develop the vehicle using in-house expertise. (more...)
Akari Therapeutics PLC's (NASDAQ:AKTX) "Neutral" Rating Reaffirmed at Chardan Capital
- September 28, 2017

Akari Therapeutics PLC now has a consensus rating of Hold and an average target price of $8.00. Recently, investment analysts covering the stock have updated the mean rating to 2.3. Chardan Capital boosted Akari Therapeutics from a sell recommendation to a neutral recommendation and trimmed the price objective for The corporation from $6.50 to $6.00 in a study report on early Wed, May 31st. (more...)
Cliffs Natural Resources Inc. (CLF) - Profit Margins Analysis
- September 28, 2017

First Business Financial Services Inc (FBIZ) has declined 4.34% since September 26, 2016 and is downtrending. It has underperformed by 16.70% the S&P500. It last reported revenues of $117.23 million and EPS of -$0.05 for the June 2017, representing -49% top-line growth and 0.99 EPS growth. Let's have a look at some of the important valuation ratios of the Cliffs Natural Resources Inc . (more...)
Buffington Mohr McNeal Buys New Position in Eli Lilly and Company (LLY)
- September 28, 2017

Schroder Inv Management Group holds 0.15% of its portfolio in Eli Lilly and Co (NYSE: LLY ) for 1.02M shares. The consensus recommendation provided by analysts is now 2.60. The stock had a trading volume of 1,425,812 shares. Conterno Enrique A sold $2.07 million worth of stock. $17.78 million worth of Eli Lilly and Co (NYSE: LLY ) was sold by LILLY ENDOWMENT INC . (more...)
Do You Have Callon Petroleum Company (NYSE:CPE) In Your Portfolio?
- September 28, 2017

The mean rating score for this stock is at 2.30. The Piotroski F-Score of Callon Petroleum Company (NYSE: CPE ) is 6. Liquidity allows investor to enter and exit a stock at a good price (i.e. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an predictable return higher than the risk-free rate of interest. (more...)
Royal Carribean cruise ship brings aid to hurricane-ravaged Puerto Rico Royal Carribean cruise ship brings aid to hurricane-ravaged Puerto Rico
- September 28, 2017

The stock decreased 1.24% or $1.45 during the last trading session, reaching $115.74. Its up 0.19, from 1.07 in 2017Q1. A number of other equities research analysts have also recently commented on RCL . "We are now in discussions with authorities there [in Puerto Rico] to help determine other ways to help and have an impact", Roger Frizzell, SVP & chief communications officer for Carnival Corp. (more...)
$0.03 EPS Expected for Yamana Gold Inc. (YRI) $0.03 EPS Expected for Yamana Gold Inc. (YRI)
- September 28, 2017

The stock has "Sector Perform" rating by Scotia Capital on Friday, January 13. The firm has "Underweight" rating by Piper Jaffray given on Wednesday, November 16. It has underperformed by 57.67% the S&P500. World Asset Management Inc raised its holdings in shares of Yamana Gold by 2.2% in the first quarter. (USA) (NYSE: AUY ) to report earnings on October, 26. (more...)
LSV Asset Management Increases Holdings in ARMOUR Residential REIT, Inc. (NYSE:ARR)
- September 28, 2017

IndexIQ Advisors LLC grew its stake in ARMOUR Residential REIT by 11.7% in the second quarter. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.07. Ellington Residential Mortgage REIT (NYSE:EARN) opened at 15.32 on Wednesday. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. (more...)
Consolid (NASDAQ:COKE) Sees Significantly Lower Trading Volume Consolid (NASDAQ:COKE) Sees Significantly Lower Trading Volume
- September 28, 2017

One Cap Limited Company holds 56,671 shares or 1.15% of its portfolio. Shareholders of record on Friday, September 15th will be given a dividend of $0.37 per share. The original version of this piece of content can be accessed at https://stocknewstimes.com/2017/09/27/old-mutual-customised-solutions-proprietary-ltd-buys-22078-shares-of-coca-cola-company-the-ko.html. (more...)
Express Scripts Holding Company (ESRX) Shares Sold by Pennsylvania Trust Co
- September 28, 2017

Therefore 36% are positive. Finally, Royal Bank Of Canada began coverage on shares of Express Scripts Holding in a research report on Tuesday, September 19th. Company insiders own 0.68% of the company's stock. (NASDAQ:SSNC) for 29,264 shares. Park National Corp OH increased its position in shares of Express Scripts Holding by 0.3% during the second quarter. (more...)
Stocks sluggish amid North Korea nerves, euro weakens Stocks sluggish amid North Korea nerves, euro weakens
- September 28, 2017

The Japanese yen strengthened 0.24 percent versus the greenback at 111.73 per dollar, while Sterling was last trading at $1.3468, down 0.17 percent on the day. Japan's Nikkei stock index finished 0.3 percent lower, pressured by a stronger yen. Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea's to Washington added to a cautious tone. (more...)
Pioneer Natural Resources Company (NYSE:PXD) Analysts Remain Upbeat Despite -26.15% Loss Pioneer Natural Resources Company (NYSE:PXD) Analysts Remain Upbeat Despite -26.15% Loss
- September 28, 2017

It has outperformed by 31.53% the S&P500. Mckinley Capital Management LLC Delaware trimmed its stake in Pioneer Natural Resources Company (NYSE: PXD ) by 2.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). (more...)
Emergent Biosolutions, Inc. (NYSE:EBS) Stock Closed Over Its 50 Day Average
- September 28, 2017

Great West Life Assurance Co. Acadian Asset Management LLC increased its stake in shares of Emergent Biosolutions by 1.1% in the third quarter. The market experts are predicting a -2.7% rally, based on the high target price ($21.25) for AGNC Investment Corp. (more...)
Analysts See $0.44 EPS for Banco Santander-Chile (ADR) (BSAC) Analysts See $0.44 EPS for Banco Santander-Chile (ADR) (BSAC)
- September 28, 2017

They might also be studying how the company is run, and trying to figure out the true value of the firm. Profund Advisors LLC now owns 23,607 shares of the bank's stock worth $592,000 after buying an additional 11,956 shares during the period. (more...)
Macquarie Begins Coverage on United Continental Holdings, Inc. (UAL)
- September 28, 2017

Cowen & Co maintained it with "Outperform" rating and $77 target in Friday, December 9 report. The stock of Lennar Corporation (NYSE:LEN) earned "Buy" rating by Keefe Bruyette & Woods on Monday, August 28. Livforsakringsbolaget Skandia Omsesidigt holds 54,788 shares or 0.38% of its portfolio. Nine Chapters Cap Ltd Llc reported 2.71% of its portfolio in United Continental Holdings Inc (NYSE: UAL ). (more...)
Parker-Hannifin Corporation (NYSE:PH) Traded Higher Than Its 50 Day Average Parker-Hannifin Corporation (NYSE:PH) Traded Higher Than Its 50 Day Average
- September 28, 2017

It has outperformed by 27.53% the S&P500. PH's profit will be $264.92M for 21.86 P/E if the $1.99 EPS becomes a reality. After having $0.60 EPS previously, Textron Inc.'s analysts see 5.00% EPS growth. One analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the stock. Therefore 63% are positive. (more...)