Markets


SunTrust Banks, Inc. (NYSE:STI), Range Resources Corporation (NYSE:RRC)
- February 16, 2017

SunTrust Banks's dividend payout ratio (DPR) is 28.97%. Bank of New York Mellon Corp now owns 7,066,156 shares of the financial services provider's stock valued at $290,278,000 after buying an additional 1,564,929 shares in the last quarter. (more...)
CLSA Comments on MGM Resorts International's FY2017 Earnings (MGM)
- February 16, 2017

MGM Resorts International (MGM) announced its most recent quarterly financial results on Thursday, Feb-16-2017. Looking at the stock's movement on the chart, MGM Resorts International recorded a 52-week high of $30.62. Many Analysts provided their foresight on Revenue Estimates of MGM Resorts International where they believe that the company has the potential to earn average revenue of $2.46 Billion for the current quarter. (more...)
TripAdvisor, Inc. (TRIP) Announces Earnings Results TripAdvisor, Inc. (TRIP) Announces Earnings Results
- February 16, 2017

Credit Suisse Group set a $51.00 price target on shares of TripAdvisor and gave the stock a "hold" rating in a research note on Monday, February 6th. They noted that the move was a valuation call. During the same period in the prior year, the firm earned $0.53 EPS. TripAdvisor Inc. (NASDAQ:TRIP) is now showing its ROA (Return on Assets) of 5.3%. (more...)
Kate Spade confirms its reviewing its options
- February 16, 2017

Kate Spade & Co says that these strategic alternatives may result in a takeover of the company. Including online sales, they rose 9.3 percent in the fourth-quarter ended December 31. Additionally, Kate Spade this morning reported fourth-quarter earnings a week earlier than scheduled. Adjusted diluted earnings per share, at 41 cents, topped market watchers' predictions of 35 cents. (more...)
The US solar market grew by a record-breaking 95% a year ago The US solar market grew by a record-breaking 95% a year ago
- February 16, 2017

Solar accounted for 39% of new capacity additions across all fuels sources. "Solar's economically winning hand is generating strong growth across all market segments nationwide, leading to more than 260,000 Americans now employed in solar". (more...)
New Raptor Serge Ibaka excited to play for contender
- February 16, 2017

This trade doesn't fully undo the damage of the move that sent Victor Oladipo and 2016 lottery pick Domantas Sabonis to the Thunder , but it does count as a reasonable salvage effort. In Orlando, Ross could immediately become a starter for the Magic. Their own forward Terrence Ross will head south as part of the deal, in addition to one of Toronto's two first-round draft picks for this summer. (more...)
Aslef union members reject deal in Southern Railway dispute
- February 16, 2017

In response Nick Brown, chief operating officer of GTR, Southern's parent, said: "We are disappointed that the RMT is going to heap yet further misery and disruption on the travelling public". Members of the Rail, Maritime and Transport (RMT) union are still in dispute with the rail company over changes to the role of conductors and are scheduled to hold a 24-hour strike next Wednesday after talks between the two parties broke down. (more...)
Featured Stock for Investors: Delta Air Lines, Inc. (NYSE:DAL) Featured Stock for Investors: Delta Air Lines, Inc. (NYSE:DAL)
- February 16, 2017

CAMG Solamere Management LLC bought a new stake in Delta Air Lines during the fourth quarter valued at $893,000. DAL has been the subject of a number of recent research reports. Shareholders of record on Friday, February 24th will be issued a $0.2025 dividend. The ex-dividend date is Wednesday, February 22nd. This represents a $0.81 annualized dividend and a yield of 1.62%. (more...)
Germany concerned about possible sale of GM's Opel Germany concerned about possible sale of GM's Opel
- February 16, 2017

Greg Clark sought an urgent meeting with senior GM management after the United States vehicle company announced earlier this week that it was in talks to sell its European Opel business, including the Vauxhall operations in the UK, to France's PSA Group, which owns Peugeot and Citroën. (more...)
What are analysts Suggestions on: Ford Motor Co. (NYSE:F)
- February 16, 2017

Thai-Tang sold 17,499 shares of the company's stock in a transaction on Wednesday, January 4th. For trailing twelve months, EPS value for the stock is $0.54. If you are accessing this news story on another site, it was copied illegally and republished in violation of U.S. & worldwide copyright and trademark laws. (more...)
Analysts Estimates and Ratings: Sabre Corporation (NASDAQ:SABR)
- February 16, 2017

One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and thirteen have given a buy rating to the company. Morgan Stanley cut their price objective on Sabre Corporation from $33.00 to $26.00 and set an "overweight" rating for the company in a report on Wednesday, February 8th. (more...)
NetEase Inc (ADR) (NTES) Releases Earnings Results, Beats Expectations By $0.73 EPS
- February 16, 2017

NetEase Inc (ADR) was Upgraded by CLSA to " Buy" on Jan 4, 2017. Profund Advisors LLC now owns 16,034 shares of the company's stock worth $3,861,000 after buying an additional 2,772 shares in the last quarter. (The) reaffirmed a "buy" rating and issued a $305.00 price objective on shares of NetEase in a research report on Wednesday, January 18th. These analysts have also projected a Low Estimate of $3.35/share and a High Estimate of $3.59/share. (more...)
Kiwi golfer Lydia Ko makes solid start to Australian Open
- February 16, 2017

She's held the top ranking for the past 68 weeks, after a previous stint in 2015. "Royal Adelaide is definitely a different set-up, a different look, but I think for me, I'm pretty sure it will be breezy the next few days and to be smart and to be able to use the wind and not try to fight it", Ko said. (more...)
Trifast PLC reiterated as Buy By Peel Hunt
- February 16, 2017

One equity analyst rating the company a strong buy, two equity analysts rating the company a buy, two equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 218.57GBX. (more...)
Inflation driven to highest level since June 2014
- February 16, 2017

The consumer price index (CPI ) - comprised of a basket of items ranging from clothes to pills - rose 0.6% month-on-month (+0.3% expected). Despite inflation taking bite this Valentine's Day, savvy romantics still had the opportunity to buy at bargain prices with Aldi advertising 100 red roses for £25. (more...)
PayPal To Spend $233M On PE-Backed Bill Payment Processor PayPal To Spend $233M On PE-Backed Bill Payment Processor
- February 16, 2017

Bill Ready, PayPal COO, told TechCrunch that his company has a chance with the acquisition to create a bridge for underserved people into the digital world. Throughout the 2000s, the company expanded its internet kiosk market to include payday loan providers and convenience stores, hoping to provide self-service bill payment options to "underbanked" USA consumers. (more...)
The UK Government released the list of shame for the employers The UK Government released the list of shame for the employers
- February 16, 2017

Bel's Diner, on the High Street, failed to pay £1,410 to one of its employees, according to the Department for Business, Energy and Industrial Strategy. There are now more than 1,500 open cases which HMRC is investigating. Hundreds of companies in the UK have been paying staff below the national minimum wage or the national living wage, the UK Government revealed on Wednesday. (more...)
CSX calls special meeting to address Mantle Ridge issue
- February 16, 2017

Harrison had the position of Chief Executive Officer (CEO) at Canadian Pacific Railway (CP). The company has had discussions with Harrison and representatives of hedge fund Mantle Ridge, which is working with Harrison. The company said it made a written offer last week to hire railroad veteran Hunter Harrison as chief executive and to allow activist investor Paul Hilal to nominate five directors. (more...)
Lookout for Price Target? Corning Incorporated (GLW), NIKE, Inc. (NKE) Lookout for Price Target? Corning Incorporated (GLW), NIKE, Inc. (NKE)
- February 16, 2017

SRB Corp acquired a new position in Corning during the third quarter worth approximately $170,000. Finally, Independent Portfolio Consultants Inc. raised its position in Corning by 77.3% in the third quarter. A number of other research analysts have also recently commented on GLW. The company has a market cap of $25,281 million. Sanford C. Bernstein lowered shares of Corning from an "outperform" rating to a "market perform" rating and set a $26.00 target price for the company.in a report on ... (more...)
Laredo Petroleum, Inc. (LPI) recently sold by insider Curth Patrick J
- February 16, 2017

Laredo Petroleum Inc. (Laredo) is an independent energy company focused on the acquisition exploration and development of oil and natural gas properties primarily in the Permian Basin in West Texas. During last 5 trades the stock sticks nearly 1.07%. Sales growth past 5 years was measured at 20.20%. According to FactSet data, LPI stock has received different ratings from Financial Analysts. (more...)

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