Money


PACCAR Inc. (PCAR) Shares Bought by The Manufacturers Life Insurance Company
- October 24, 2017

The company's revenue for the quarter was up 19.7% compared to the same quarter previous year. The Return on Investment (ROI) ratio of PACCAR Inc . The firm owned 428,688 shares of the company's stock after purchasing an additional 22,789 shares during the period. (more...)
Caterpillar reports revenue jump on soaring demand; raises forecast
- October 24, 2017

Construction revenue in the region rose 31 percent, building upon a 3 percent rise in the second quarter after eight quarters of declines. "Sustainability of the scorching pace of growth Caterpillar set in the latest quarter is in question because construction spending in the country has not yet hit an inflection point", said Jefferies analyst Steve Volkmann. (more...)
Global wine output expected to be lowest in 50 years Global wine output expected to be lowest in 50 years
- October 24, 2017

According to worldwide wine body OIV, global output is expected to fall to 246.7 million hectoliters in 2017, down 8 percent on a year ago to hit its lowest level since 1961. A hectolitre is 100 litres, equivalent to about 133 standard 750mL bottles. The OIV said it expected a consumption range of between 240.5 and 245.8 million hectoliters, but warned that it did not yet have firm demand data for 2017. (more...)
The Steel Dynamics, Inc. (STLD) Stock Rating Upgrade by the Vetr Inc
- October 24, 2017

Let's take an assessment at how Steel Dynamics, Inc . (NASDAQ: STLD ). Qs Investors Ltd Liability Corp holds 0.11% or 345,534 shares. About 795,078 shares traded. Loews Corporation has 0.11% invested in AerCap Holdings N.V. (NYSE:AER). (NYSE:KND). South Africa-based Old Mutual Customised Solutions (Proprietary) Limited has invested 0.01% in Kindred Healthcare, Inc. (more...)
Amazon Wine to close by end of year
- October 24, 2017

The site, which allowed third-party wine makers and sellers to sell their products online through Amazon , would seize to operate from 31 December this year, said the online retailer. That last statement is important: Even though Amazon Wine is being shut down, this decision shouldn't be misconstrued to mean that Amazon is getting out of the wine business. (more...)
Looking Mainly At Fundamentals: Wal-Mart Stores, Inc. (WMT), KeyCorp (KEY)
- October 24, 2017

The institutional investor held 32,774 shares of the advertising company at the end of 2017Q2, valued at $2.72 million, down from 38,106 at the end of the previous reported quarter. Wal-Mart Stores Inc (NYSE: WMT ) has risen 13.83% since October 24, 2016 and is uptrending. The rating was downgraded by Deutsche Bank on Monday, September 11 to "Hold". (more...)
Cooper Tire & Rubber Company (NYSE:CTB) Valuation According To Analysts
- October 24, 2017

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The stock decreased 0.01% or $0.01 during the last trading session, reaching $164.67. (NYSE:TYG). Mariner Wealth Advsrs Lc holds 1.06M shares or 1.51% of its portfolio. Carroll Associate has 33 shares. Washington Tru Bancorp holds 0.03% or 3,885 shares. (more...)
Analyst's Trends to observe: Maxim Integrated Products, Inc. (MXIM)
- October 24, 2017

It has underperformed by 6.08% the S&P500. (NASDAQ: MXIM ), 15 have Buy rating , 2 Sell and 11 Hold. Therefore 0 are positive. It has been assigned a low target price of $50 and a high target price of $60. Its down 0.56, from 1.47 in 2017Q1. The data from the past twelve months tells a similar story: insiders executed 15 buys and 103 sells, and ownership decreased by a net of 728247 shares. (more...)
NXP Semiconductors NV (NASDAQ:NXPI) Under Analyst Spotlight
- October 24, 2017

Among 27 analysts covering NXP Semiconductors NV (NASDAQ: NXPI ), 8 have Buy rating, 1 Sell and 18 Hold. The Atwood & Palmer Inc holds 203,810 shares with $22.31 million value, down from 271,656 last quarter. The firm has "Hold" rating by Deutsche Bank given on Monday, June 19. Bizjournals.com's news article titled: "Planet LabCorp: How the Burlington company is becoming a life sciences superpower" with publication date: October 05, 2017 was also an interesting one. (more...)
Analyzing the Financial Health of MGM Resorts International (NYSE:MGM)
- October 24, 2017

Brookfield Asset Management Inc. had 24 analyst reports since August 10, 2015 according to SRatingsIntel. Nicholas Invest Ptnrs Limited Partnership holds 5.12% of its portfolio in MGM Resorts International (NYSE:MGM) for 2.32M shares. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued. Blackrock has 0.04% invested in MGM Resorts International (NYSE:MGM) for 22.76 million shares. (more...)
RSI Oversold/Overbought Signals to Track: Western Digital Corporation (NASDAQ: WDC)
- October 24, 2017

Loews Corp who had been investing in Western Digital Corp for a number of months, seems to be less bullish one the $25.98 billion market cap company. The 50 day moving average was up by +1.71% and the 200 day average went up by +0.34%. Mutual of America Capital Management LLC's holdings in Western Digital Corp were worth $7,432,000 at the end of the most recent reporting period. The Company addresses ever-changing market needs by providing a full portfolio of compelling, high-quality storage ... (more...)
What's Next for Exactech Incorporated (NASDAQ:EXAC) After Having More Shares Shorted? What's Next for Exactech Incorporated (NASDAQ:EXAC) After Having More Shares Shorted?
- October 24, 2017

The consensus target price is $22.67 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell. State Street Corp now owns 207,721 shares of the medical equipment provider's stock worth $6,192,000 after purchasing an additional 14,537 shares during the period. (more...)
Delphi acquires self-driving startup nuTonomy for $450m Delphi acquires self-driving startup nuTonomy for $450m
- October 24, 2017

It's planning to use NuTonomy to hasten the introduction of an autonomous robotaxi test fleet in Singapore by a year, to 2019, and expand driverless testing to more cities, Delphi Chief Technology Officer Glen De Vos said. Iagnemma added, "So I feel great about the fact that this acquisition puts the combined team in the pole position to be one of the winners in the global automated driving race". (more...)
WeWork Buying Lord & Taylor's Manhattan Flagship As Its New Headquarters WeWork Buying Lord & Taylor's Manhattan Flagship As Its New Headquarters
- October 24, 2017

The Lord & Taylor store in NY will operate through the 2018 holiday season, then be reduced in size to 150,000 square feet from the current 650,000 square feet, with the building converted to WeWorks' headquarters. Litt and his team described Storch's departure as a "consolidation of power" on Baker's part that underscored "the board's attempt to buy time and placate investors to address underperformance and undervaluation". (more...)
Earnings at the Forefront For Lockheed Martin Corporation Earnings at the Forefront For Lockheed Martin Corporation
- October 24, 2017

Loews Corp who had been investing in Calpine Corp for a number of months, seems to be less bullish one the $5.37 billion market cap company. EPS Estimate for the next year is 14.16. The company's quarterly revenue was up 5.4% on a year-over-year basis. For the past 5 years, the company's revenue has grown 0.3%, while the company's earnings per share has grown 9.6%. (more...)
Sears no longer carrying Whirlpool appliances Sears no longer carrying Whirlpool appliances
- October 24, 2017

Sears' 100-plus-year history of selling Whirlpool appliances - from washing machines to KitchenAid mixers - has come to an end. - Whirlpool said that Sears accounts for a declining portion of its global sales, at around 3 percent. In a bid to get back on track, Whirlpool is reducing expenses by $150 million - on top of existing cost-cutting efforts. In the US, the company has also sought redress from the US International Trade Commission over imports of washing machines from Samsung and LG ... (more...)
Whiting Petroleum Corporation (WLL) Shares Bought by Cornerstone Capital Management Holdings LLC
- October 24, 2017

Among active positions in the latest quarter, 180 holders increased their positions by a total of 59.96 million shares, 131 holders decreased the positions by a total of 50.1 million shares, and 45 holders held their positions. The firm had revenue of $311.50 million for the quarter, compared to analyst estimates of $345.64 million. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. (more...)
Let's Get Complex With Snap Inc. (SNAP) And Biogen Inc. (BIIB) Let's Get Complex With Snap Inc. (SNAP) And Biogen Inc. (BIIB)
- October 24, 2017

Independent Portfolio Consultants Inc. now owns 454 shares of the biotechnology company's stock worth $123,000 after purchasing an additional 219 shares during the last quarter. Several firms have shifted positions in (BIIB). On Wednesday, January 20 the stock rating was initiated by Credit Suisse with "Neutral". On Monday, November 7 the stock rating was upgraded by PiperJaffray to "Overweight". (more...)
The Investment Analysts' Recent Ratings Changes for Hartford Financial Services Group (HIG) The Investment Analysts' Recent Ratings Changes for Hartford Financial Services Group (HIG)
- October 24, 2017

The firms that experience furthermost inflow in institutional ownership exhibited better performance all through 12-month phase. The Current Ratio of The Hartford Financial Services Group, Inc. The rating was downgraded by Atlantic Securities on Wednesday, August 10 to "Neutral". (The) from a "strong-buy" rating to a "buy" rating in a research note on Thursday, June 29th. (more...)
Are Analysts Bullish about Valero Energy Corporation (NYSE:VLO) after last week?
- October 24, 2017

During the same period past year, the company earned $2.79 earnings per share. Valero Energy Corp. has a 12 month low of $46.88 and a 12 month high of $72.49. The stock has a consensus rating of "Buy" and a consensus price target of $76.39. Oppenheimer maintained the shares of VLO in report on Monday, August 3 with "Outperform" rating. (more...)