Markets
Morgan Stanley (MS) EPS Estimated At $0.84
The stock of Bojangles Inc (NASDAQ:BOJA) hit a new 52-week low and has $11.74 target or 4.00% below today's $12.23 share price. Westpac Banking Corp grew its stake in shares of Morgan Stanley by 28.5% during the first quarter. Investment bank Morgan Stanley is reporting a 12 percent rise in third-quarter earnings as the firm's wealth management arm was able to earn more money despite a slo... [Full Article...]
Goldman Sachs earnings edge down, beat expectations
Other large investors also recently modified their holdings of the company. Dodge & Cox invested 2.6% in Goldman Sachs Group Inc (NYSE:GS). (The) by 3,301.2% in the 1st quarter. Goldman Sachs Group Inc. had 79 analyst reports since July 21, 2015 according to SRatingsIntel. (The) from a "hold" rating to a "sell" rating in a research report on Thursday, September 21st. [Full Article...]
Abeona Therapeutics Inc. (ABEO) Given "Buy" Rating at HC Wainwright
Its up 21.44% from 5.79 million shares previously. The SI to Abeona Therapeutics Incorporated's float is 32.66%. Shares of Abeona Therapeutics ( NASDAQ ABEO ) traded up 1.7025% during midday trading on Friday, reaching $16.3741. The rating was maintained by Cantor Fitzgerald with "Overweight" on Wednesday, October 11. Cantor Fitzgerald maintained the shares of ABEO in report on Tuesday, June 6 w... [Full Article...]
Christmas Comes Early For Grocers As Sales Continue To Grow
Asda also continued its recent recovery Mckevitt said, with sales up 1.8% in the last 12 week. Aldi's sales in the 12 weeks grew 13.4% to GBP1.74 billion, while Lidl's sales rose 16% to GBP1.33 billion. Waitrose saw its share decline from 5.4% to 5.3% while the Co-op's share declined to 6.2% from 6.5%. "Morrisons was the fastest growing of the large supermarkets this period", Fraser McKe... [Full Article...]
United Kingdom inflation hits 3 pct as Bank of England mulls rate hike
On the economic data front: the pair is not expecting any important Japanese data today, and will focus on the United Kingdom inflation data and comments from the governor of Bank of England. Transport costs also put upward pressure on the headline rate in September after recording a smaller month-on-month fall of 1.3% in contrast to a drop of 2.3% in 2016. [Full Article...]
Sears Holdings Corp: Bruce Berkowitz's Fairholme Capital Management Llc Makes Purchase
It has outperformed by 7.63% the S&P500. Fairholme hasn't disclosed any sales of Sears shares, or purchases, since its latest filing of equity holdings on August 14. Advsr Asset reported 40,841 shares or 0.09% of all its holdings. Ing Groep Nv holds 25,000 shares. Nationwide Fund holds 7,095 shares or 0% of its portfolio. [Full Article...]
NMI Holdings Inc (NMIH) Rating Lowered to Hold at ValuEngine
The Average True Range, a measure of volatility is at 0.41, however its weekly and monthly volatility is 3.35%, 3.02% respectively. Several other analysts also recently weighed in on the stock. Shuster, CEO sold $1,053,771 worth of shares at a price of $11.81 on Friday the 4th. The stock was sold at an average price of $11.79, for a total value of $353,700.00. [Full Article...]
EasyJet and Lufthansa circle stricken Alitalia
This comes after it was reported earlier on Monday that German airline Lufthansa is ready to make an offer of about EUR500 million for its stricken Italian peer. Alitalia collapsed into administration in May. The government last week extended a 300 million-euro bridge loan to keep the airline operating until any sale can be complete, on top of 600 million euros extended since Alitalia declared b... [Full Article...]