Markets
A look at gun violence in America by the numbers
Chief Art Acevedo of the Houston Police Department said Monday he doesn't believe guns themselves are the problem, but rather "guns in the wrong hands". We know that Las Vegas shooter Stephen Paddock assembled a small arsenal in room 32135 of the Mandalay Bay Resort and Casino, where investigators found 23 weapons, including multiple rifles and a handgun. [Full Article...]
Rite Aid, JC Penney Tumble into Monday's 52-Week Low Club
Given that its average daily volume over the 30 days has been 1.32 million shares a day, this signifies a pretty significant change over the norm. Shares are now up over the past year, outperforming the broad market by -100% and outperformed a peer group of similar companies by 112%. [Full Article...]
Office Depot buying Compucom for about $1B; shares slump 11%
Teachers Advisors LLC now owns 6,143,890 shares of the specialty retailer's stock worth $34,652,000 after buying an additional 2,085,209 shares during the last quarter. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Among 21 analysts covering Fiserv ( NASDAQ:FISV ), 9 have Buy rating, 1 Sell and 11 Hold. [Full Article...]
Increases Hays plc (HAS) Price Target to GBX 140.80
The rating was maintained by Peel Hunt with "Hold" on Friday, July 21. Bryan Garnier & Cie maintained the stock with "Sell" rating in Monday, June 19 report. Its down 0.08, from 0.98 in 2017Q1. 44 funds opened positions while 140 raised stakes. They expect $0.36 earnings per share, 0.00% or $0.00 from last year's $0.36 per share. [Full Article...]
Has $11.50 Million Position in Bristol-Myers Squibb Company (BMY)
In other Bristol-Myers Squibb news, SVP Joseph C. Caldarella sold 9,340 shares of the company's stock in a transaction dated Wednesday, September 6th. The stock of KAR Auction Services Inc (NYSE:KAR) earned "Buy" rating by Jefferies on Friday, January 15. Bristol-Myers Squibb (NYSE: BMY ) last posted its earnings results on Thursday, July 27th. [Full Article...]
Burning Stock on the move: Sterling Bancorp. (STL)
The stock of Sterling Bancorp ( NYSE : STL ) has "Overweight" rating given on Wednesday, January 11 by Piper Jaffray. A number of other brokerages also recently issued reports on STL . In other news, Director Burt Steinberg purchased 10,000 shares of the firm's stock in a transaction on Friday, August 11th. Institutional ownership can eventually exceed 100 percent of float, which means that, ... [Full Article...]
Austin City Limits festival offers refunds following attack
ACL Fest's annual daily attendance draws in 65,000-75,000 people, nearly triple that of the Route 91 Harvest Festival . The music festival, which runs through two successive weekends, attracts about 75,000 people a day to a park near the centre of Austin . [Full Article...]
Russia's Crude Oil Production Was Flat in September 2017
Crude oil futures plunged by Rs 55 to Rs 3,318 per barrel on Tuesday as speculators reduced bets amid a weakening trend overseas. USA crude was down 14 cents, or 0.3 percent, at $51.53 a barrel at 0637 GMT. The recent data has been the most bullish news for crude oil this year. Robust demand for energy products, be it crude oil, gasoline, natural gas or others, is indicative of a vibrant consume... [Full Article...]