Finance

Brokerages Set Rice Midstream Partners LP (RMP) Price Target at $21.75

The stock of Shell Midstream Partners, L.P. (NYSE: SHLX ) has "Buy" rating given on Monday, August 14 by Stifel Nicolaus. It has underperformed by 13.15% the S&P500. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys who had been investing in Eqt Midstream Partners Lp for a number of months, seems to be less bullish one the $5.07B market cap company. [Full Article...]

Microchip to buy Microsemi for about US$8.35 billion

Microchip to buy Microsemi for about US$8.35 billion Parallax Volatility Advisers Limited Partnership invested in 3,029 shares or 0% of the stock. Ameriprise Financial Inc. now owns 2,891,973 shares of the semiconductor company's stock worth $259,643,000 after buying an additional 488,832 shares in the last quarter. [Full Article...]

Park Hotels & Resorts (PK) Updates FY18 Earnings Guidance

Heading into the stock price potential, Xenia Hotels & Resorts, Inc. needs to grow just 9.95% to cross its median price target of $21. The stock of Edison International (NYSE:EIX) earned "Equalweight" rating by Barclays Capital on Wednesday, February 24. [Full Article...]

Capital Investment Advisors LLC Has $894000 Position in Schlumberger Limited. (SLB)

About 855,012 shares traded. It has outperformed by 9.26% the S&P500. Howard Capital Management increased its stake in Schlumberger Ltd ( SLB ) by 2.75% based on its latest 2017Q3 regulatory filing with the SEC. During the same quarter in the prior year, the firm posted $0.27 earnings per share. sell-side analysts expect that Schlumberger will post 2.16 earnings per share for the current fiscal ... [Full Article...]

UK's National Grid withdraws gas deficit warning Friday

UK's National Grid withdraws gas deficit warning Friday The National Grid has today warned of a shortfall in the UK's gas supply. National Grid issued the gas deficit warning for Thursday's Gas Day starting at 0600 GMT Thursday as demand significantly outstripped supply due to a number of outages. [Full Article...]

Anheuser-Busch Inbev SA (NASDAQ:BUD) To Release Earnings

Anheuser-Busch Inbev SA (NASDAQ:BUD) To Release Earnings Anheuser-Busch InBev SA/NV ( BUD ) stock is now trading -5.97% away from its average-price of 200 days while it maintained a distance of -1.78% from its 50 Days Moving Average and 1.09% compared with the 20 Day Moving Average. BUD has been the subject of a number of analyst reports. The rating was maintained by Sterne Agee CRT on Thursday, September 17 with "Buy". The firm has "Buy" rating give... [Full Article...]

Wall Street Stock Recommendations: JC Penney Company, Inc. (JCP), Tronox Limited (TROX)

Wall Street Stock Recommendations: JC Penney Company, Inc. (JCP), Tronox Limited (TROX) The stock has a market cap of $1,349.10, a P/E ratio of -6.76, a PEG ratio of 1.54 and a beta of 0.49. Cowen set a $4.00 target price on shares of J C Penney and gave the company a "hold" rating in a report on Thursday, November 30th. and J.C. Penney wasn't one of them! Wall Street is only getting more bullish on the stock, with 3 of analysts who cover JCP having a buy-equivalent rating. [Full Article...]

Dick's Sporting Goods: major gun retailer to stop selling assault-style weapons

Dick's Sporting Goods: major gun retailer to stop selling assault-style weapons Dick's also said it would immediately stop selling assault-style rifles, and its CEO took on the National Rifle Association by demanding tougher gun laws , reported the Chicago Tribune. Additionally, gun control advocates celebrated in Springfield Wednesday after five bills passed the House. Dick's Sporting Goods also said the government should conduct background checks on people to evaluate... [Full Article...]

Peel Hunt Reaffirms "Buy" Rating for Bodycote (BOY)

Altria Group, Inc. (NYSE:MO) has risen 11.92% since March 1, 2017 and is uptrending. It has underperformed by 15.33% the S&P500. Peel Hunt now has a GBX 355.00 TP on the 1.91B GBP market cap company or 22.67% upside potential. As per Friday, July 7, the company rating was maintained by Barclays Capital. The firm earned "Buy" rating on Friday, October 7 by Beaufort Securities. [Full Article...]

Oil set for weekly drop on growing fears over shale and Trump

Until recently , the global oil prices of West Texas Intermediate were recorded at US$63.31 per barrel, while Brent oil was priced at $66.63 per barrel. Still, "OPEC will not be able to keep its production agreement with other non-OPEC members for too long should the USA continue to win more market share", he said. [Full Article...]

MEC suspends orders on equipment brands linked to American gun manufacturer

MEC suspends orders on equipment brands linked to American gun manufacturer But it also manufacturers guns and ammunition like those used in the Parkland, Florida, school shooting last month. MEC on Sunday night on Twitter said the question would be a top management priority on Monday. Although it's hard to find all potential conflicts involving suppliers, staff are reviewing Running Room vendors, he said. The debate about Vista Outdoor has been heated. [Full Article...]

Bitcoin a 'lottery' says Bank of England boss

Bitcoin a 'lottery' says Bank of England boss The Bank of England has spoken out against bitcoin , promising they would crack down on the cryptocurrency to avoid future financial instability. As the virtual currencies grow in popularity, regulators around the world have been debating about the best way to regulate cryptocurrencies. [Full Article...]

Blink-182 Calls For Boycott Of FedEx Over Support For NRA

Blink-182 Calls For Boycott Of FedEx Over Support For NRA FedEx , for example, which offers NRA members a discount on domestic and worldwide shipping, said that while it doesn't agree with the NRA's stance on assault weapons, it will continue to offer these cheaper rates. But most boycotts are grassroots efforts to change what people perceive as a company's bad decisions. Companies have to take into account their other constituents, particularly shareh... [Full Article...]

American Outdoor Brands (AOBC) Q3 Earnings Top, Revenues Lag

IFS Securities "Upgrades" American Outdoor Brands Corp (NASDAQ:AOBC) in a research note issued to investors on 12/08/17 to Strong Buy with price target of $0. "At the same time, we will continue to invest in our new distribution center, an important strategic initiative created to lower our overall cost structure". [Full Article...]

Trump Administration Approves Sale of 210 Anti-Tank Missiles to Ukraine

Trump Administration Approves Sale of 210 Anti-Tank Missiles to Ukraine However, lawmakers from both parties have expressed vast support for the sale. After Thursday's formal announcement, the US Congress now has 30-days to block the sale. The weapons' sale to Ukraine could increase tension between Russian Federation and the US. Administration officials have been dismissive of the idea that such weapons could worsen the conflict . [Full Article...]

Walmart, Dick's Sporting Goods to limit sale of high-powered guns

Walmart, Dick's Sporting Goods to limit sale of high-powered guns Tye said the decision to stop selling AR-15 and other similar weapons will be a permanent one this time. We also do not sell handguns, except in Alaska where we feel we should continue to offer them to our customers. He believes that one way to make the system more effective is for the medical system, including doctor-patient confidentiality, psychotropic prescriptions and mental health, to work w... [Full Article...]

Drunk man accidentally takes $1600 Uber ride home after partying with friends

Drunk man accidentally takes $1600 Uber ride home after partying with friends When they did get back to New Jersey , Bachman went to a CVS in Sewell and got cash back to give him money for tolls on the way back. 'We went to a frat party and then went to the bar. Bachman spread out for sure, passing out shortly after he got into the vehicle. Bachman ultimately paid the fare. He accused the Uber driver of using his phone and said he even had to get money to repay the... [Full Article...]

All set for counting of votes in Tripura, Meghalaya and Nagaland

All set for counting of votes in Tripura, Meghalaya and Nagaland Polling to Charilam (ST) seat in Tripura was postponed till the 12th of next month due to the death of CPIM candidate Ramendra Narayan Debbarma. Two exit polls have predicted that the Bharatiya Janata Party will dethrone the 25-year-old Left Front government in Tripura and consolidate its position in Meghalaya and Nagaland . [Full Article...]

Dollar Dips on Trump Tariff, Gold Creeps Up

Dollar Dips on Trump Tariff, Gold Creeps Up Prices fell to the lowest since January 2, at $1,302.61 USA, in the previous session under pressure from expectations of more interest rate hikes in the United States than expected this year. Some analysts said Powell retreated slightly from the hawkish comments made on Tuesday, probably recognizing the impact he made on stocks and USA yields earlier. [Full Article...]

US Fed chair says he sees no evidence of overheating

US Fed chair says he sees no evidence of overheating On an annualised basis, core PCE inflation rose by 1.5%, in line with its December pace. We know the stock market and its investors are no fans of change, let alone a potentially abrupt one, but when Lenore and Chris look at the crop of economic data through their thematic lens, it leads to more than a few questions about the vibe that Powell was trying to lay down. [Full Article...]


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