Markets


CenturyLink (CTL) Soars Amid Rating Upgrades; Are Dividends Really Safe? CenturyLink (CTL) Soars Amid Rating Upgrades; Are Dividends Really Safe?
- January 05, 2017

Average Revenue Estimate for the current quarter is 4.32 Billion, according to consensus forecast of 8 analysts. 03/14/2016 - CenturyLink, Inc. had its "neutral" rating reiterated by analysts at Citigroup. According to Zacks, "CenturyLink plans to launch its 17 channel over the top (OTT) services in 2017". When the current quarter ends, Wall Street expects KeyCorp.to have earnings per share of $0.29. (more...)
Donald Trump to Overhaul Top US Intelligence Agencies
- January 05, 2017

Trump intends to limit the power of the Office of the Director of National Intelligence and the CIA, which will include cuts to staff, officials familiar with the plans told the Wall Street Journal late Wednesday. On Thursday, Trump insisted he supports the U.S. intelligence agencies. "This is not healthy skepticism as they would like to portray it", Schiff told CNN on Thursday. (more...)
Oprah Sheds Pounds, So Weight Watchers Plumps Up Oprah Sheds Pounds, So Weight Watchers Plumps Up
- January 05, 2017

On 01/04/2017, Johnson & Johnson (NYSE:JNJ) was higher at $115.92 with 0.07%. The institutional ownership stake in the corporation is 65.70% while the Beta value stands at 0.73. The stock hit its 52-week high price on 01/07/16 and 52-week low price on 09/14/16. 0 analysts assign "Sell" rating for the stock. The corporation has an earnings per share (EPS) ratio of 0.64. (more...)
Persimmon builds on Brexit vote Persimmon builds on Brexit vote
- January 05, 2017

The biggest winners on the index were housebuilding stocks, pulled higher by Persimmon, which rose 7.18% as it cheered "healthy" demand amid a 10% surge in half-year sales despite uncertainty after the Brexit vote. In currency markets, United States dollar weakness sent the pound higher by 0.7% to 1.241. Against the euro, sterling was down 0.3% at 1.171. Meanwhile, the Markit/CIPS purchasing managers' index on United Kingdom construction activity gave a reading of 54.2 for December, beating ... (more...)
CES 2017: Comcast Aims to Smarten Up, Simplify the Home Network CES 2017: Comcast Aims to Smarten Up, Simplify the Home Network
- January 05, 2017

Comcast said it's rolling out Digital Home as it becomes important not just to provide a beefy connection to the home, but also to provide the smarts required to operate and organize increasingly complicated in-home networks. Comcast expects the new whole-home platform to go live by the end of Q1 2017, according to Chris Satchell, the former Nike and Microsoft exec who joined Comcast as executive vice president and chief product officer in mid-2015. (more...)
Synchrony Financial (SYF) Downgraded by Vetr Inc
- January 05, 2017

SYF has been the subject of a number of other research reports. For the next year first quarter, analysts predicted EPS estimates trend of $0.78 which would leave an impact on the stock performance in coming months. After this transaction, the insider's stake stands at 104,738 shares, with a market value of $3798847. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website . (more...)
Amazon opening brick and mortar bookstore in New York City
- January 05, 2017

Amazon.com Inc. is taking its brick-and-mortar bookstores to NY, with plans to open a location in a prime Manhattan shopping center. While Amazon has posted signs at the Time Warner Center announcing their imminent presence, they declined to comment at press time. (more...)
Oil Prices Hover Near 17-Month High
- January 05, 2017

However, at 479 million barrels, domestic inventories remain near the upper limit of the average range for this time of year, the EIA said . Under the deal, Saudi Arabia agreed to cut output by 486,000 barrels per day (bpd), or 4.61 percent of its October output of 10.544 million bpd. (more...)
Hagerty tapped for Japan ambassadorship Hagerty tapped for Japan ambassadorship
- January 05, 2017

He went on to co-found private equity firm Hagerty Peterson after starting his career in the field at Trident Capital. He's been rumored to be a potential Republican candidate for governor of Tennessee in 2018. Japanese companies play a key role in the USA economy, employing more than 800,000 American workers. Several names have been floated as Trump's possible choice for ambassador to Japan such as Jon Huntsman, a former ambassador to China, and Bobby Valentine, who served as manager of a ... (more...)
Stock under Consideration: Valero Energy Corporation (NYSE:VLO)
- January 05, 2017

Sanchez Energy Corporation is an independent exploration and production company. They now have a Dollars 3 price target on the stock. Regentatlantic Capital LLC raised its position in shares of Atmos Energy Corp.by 0.3% in the second quarter. (more...)
Will give 'hard' response to cross-border terror: Indian Army chief
- January 05, 2017

The statement by the new Army Chief came out just after two days he said that the role of the force is to maintain peace and tranquility at the border but it will not shy away from flexing its muscles, if the need be. General Rawat was commissioned in the Fifth Battalion of the Eleven Gorkha Rifles in December 1978 from Indian Military Academy or IMA, Dehradun. After the phenomenon of "new insurgency" started gaining ground, the Army has also faced new challenges in counter-insurgency ... (more...)
Performance history: Fairmount Santrol Holdings Inc.'s (FMSA)
- January 05, 2017

The average forecast of sales for the year ending Dec 16 is $547.8M by 14 analysts. During the 52-week period, the peak price level of the share was observed at $2.1400; this is higher price of share and down price level of the share was seen at $0.1300; this is lower price at which share is traded. (more...)
Southwest Airlines leaving Dayton
- January 05, 2017

Landson, however, wouldn't confirm the additions to Cleveland's route map. The loss of another airline at the Dayton airport is a win for the Cincinnati area. The reduction will impact Southwest's only remaining route from Akron-Canton to Atlanta. We will have more information on this breaking story. We must utilize our resources to serve communities and markets that align with long-term business plans. (more...)
Revenue Estimates Analysis: Automatic Data Processing, Inc. (NASDAQ:ADP)
- January 05, 2017

A number of other institutional investors also recently modified their holdings of the company. Looking about the past performance history, the company jumped 0.18% in past week and climbed 7.68% in one month. The dominant statistics will authorize the investment community to govern the size of Automatic Data Processing, Inc . compared to the sales or total assets figures. (more...)
Stanley Black & Decker to Buy Craftsman Brand From Sears For $900M Stanley Black & Decker to Buy Craftsman Brand From Sears For $900M
- January 05, 2017

Sears will continue to sell Craftsman-branded products in its Sears , Kmart, and Sears Hometown stores, as well. Sears is not alone among its traditional retailing peers in delivering weak sales during this crucial period. Struggling Sears , whose shares were up 10.8 percent at $11.48 before the bell, said in May it wanted to expand the business housing its Craftsman, Kenmore appliance and DieHard vehicle battery brands beyond Sears and Kmart stores. (more...)
ADP private payrolls increase less than expected ADP private payrolls increase less than expected
- January 05, 2017

Last week's figure was near a 43-year low of 233,000 reached in November and marked the 96th straight week of claims below the 300,000 level that indicates a healthy labor market. The manufacturing industry led the decline, shedding 9,000 jobs. Growth was widespread in December with businesses of all sizes seeing increases. Service-providing jobs accounted for all of the month's growth, while goods-producing employment fell during the month. (more...)
Kohl's Slashes 2016 Guidance on Volatile Holiday Sales Kohl's Slashes 2016 Guidance on Volatile Holiday Sales
- January 05, 2017

Several analysts have weighed in on the company. BMO Capital Markets reiterated a market perform rating and issued a $51.00 target price on shares of Kohl's Corporation in a research report on Sunday, November 13th. The weak holiday sales had pushed down shares in the retail sector in extended and premarket trading, such as those of Macy's , J.C. Penney Co Inc. (more...)
'Trump rally' could end when president-elect takes office, Morgan Stanley says
- January 05, 2017

Capital Fund Management S.A. now owns 1,308,578 shares of the company's stock valued at $27,781,000 after buying an additional 678,756 shares during the last quarter. Today, Barclays PLC raised its price target on Morgan Stanley (NYSE:MS) to $48.00 per share. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and fifteen have issued a buy rating to the company's stock. (more...)
India manufacturing seen shrinking as cash shortages continue India manufacturing seen shrinking as cash shortages continue
- January 05, 2017

Data released last month by the Economic Development Board showed Singapore's manufacturing output rose 11.9 per cent year-on-year in November, up sharply from 1.2 per cent in October. "While growth slowed precipitously following the UK's Brexit vote, the accelerated pace of expansion seen since then shows that the sector has gotten back on track, presumably aided by the kicker from a strong U.S. (more...)
Trump Cutting Two Intelligence Agencies' Funding Trump Cutting Two Intelligence Agencies' Funding
- January 05, 2017

Even though top USA officials have agreed with the CIA's assessment - including Republican and Democratic leaders in Congress - Trump has chosen to blast the agency and praise Russian Federation, instead. "Given some of the intelligence failures of recent years, the president-elect's made it clear to the American people that he's skeptical of conclusions from the bureaucracy, and I think the American people hear him loud and clear", Mr Pence said after a meeting on Capitol Hill with Republican ... (more...)