Markets
Almost 600 Rite Aid stores will close after Walgreens purchase
Revenue for the drugstore chain increased by 5.3% ending the quarter at $30.15 billion, which also beat forecasts on Wall Street. Sales at stores open at least a year climbed 3 percent. Comparable pharmacy sales increased 5.6 percent, primarily due to higher volume. As the SF Business Times reports , the plan is to focus on stores that are within a mile of other Walgreens stores, and given that... [Full Article...]
Einstein Note on Theory of Happiness Fetches $1.6 Million
According to the Winner's Auctions and Exhibitions website, this note was estimated to sell for between $5,000 and $8,000. He was traveling to Asia when news that he had won the Nobel Prize for Physics reached him via telegraph. The note that sold for $1.56 million. Albert Einstein may be known for his contributions in theoretical physics; however, the man had few more tricks up his sleeve t... [Full Article...]
Western Digital Corporation (NASDAQ:WDC) Expected To Report Earnings On Thursday
It has underperformed by 70.24% the S&P500. Harbour Capital Advisors LLC purchased a new stake in Western Digital Corporation in the first quarter worth about $117,000. Credit Agricole upgraded the stock to "Outperform" rating in Thursday, July 30 report. The firm has "Buy" rating given on Thursday, September 8 by Mizuho. [Full Article...]
Air Products and Chemicals, Inc. (NASDAQ:APD) To Report Earnings
Earnings per share from continuing operations grew 63 percent to $2.15 from $1.32 past year. 7,400 are owned by Old Mutual Customised Solutions (Proprietary) Ltd. 84 funds opened positions while 256 raised stakes. Amp Capital Invsts Ltd accumulated 66,193 shares. Old National Savings Bank In owns 9,799 shares or 0.08% of their United States portfolio. [Full Article...]
Seagate Technology PLC (STX) Stock Rating Reaffirmed by Benchmark Co
Citigroup Inc boosted their price target on Seagate Technology PLC from $34.00 to $41.00 and gave the company a "neutral" rating in a report on Tuesday. Seagate Technology PLC's revenue was down 5.9% compared to the same quarter a year ago. WARNING: This story was originally posted by Week Herald and is the property of of Week Herald. [Full Article...]
Aldermore Group PLC (LON:ALD) Price Target Raised to GBX 313 at Citigroup Inc
Dialight Plc now has a consensus rating of "Hold" and an average price target of GBX 724.80 ($9.56). Deutsche Bank AG reiterated a "buy" rating and set a GBX 395 ($5.21) target price on shares of GKN plc in a research note on Monday, August 7th. [Full Article...]
What Recent Ownership Trends Suggest About Oasis Petroleum Inc. (OAS)'s Future Performance
Yandex N.V. had 19 analyst reports since July 31, 2015 according to SRatingsIntel. If the published price targets set by Oasis Petroleum Inc . analysts have any power to influence the stock's share price, the highest price target set for OAS is $19. [Full Article...]
Intercontinental Exchange (NYSE:ICE) Earns Media Sentiment Score of 0.16
IHT Wealth Management LLC grew its position in Intercontinental Exchange by 10.8% during the second quarter. Cardinal Capital Management Llc Ct owns 1.27 million shares or 1.09% of their U.S. (LSBK) formed double top with $16.58 target or 3.00% above today's $16.10 share price. (" ICE ") issued a press release announcing IntercontinentalExchange Holdings ("ICEH"), a wholly-owned subsidiary of ICE... [Full Article...]