Markets
Hasbro Slides, Blames Toys R Us
The toy industry's traditional players have been undone in recent years by a shift towards thousands of rival, smaller producers selling on Amazon and other e-commerce sites as well as kids picking electronic games over physical toys. There was one less week in the current quarter than a year ago. Hasbro Inc HAS.O reported a bigger-than-expected drop in quarterly revenue on Monday, blaming the... [Full Article...]
Prothena scraps lead drug following mid-stage study failure
The Phase 2 study tested NEOD001 vs. a placebo in patients with AL amyloidosis and persistent cardiac dysfunction. "We are deeply disappointed by this outcome, particularly for patients suffering from this devastating disease", Prothena president and CEO Gene Kinney, Ph.D., said in a statement. [Full Article...]
What's Happening To These Stocks? - Duke Energy Corporation (DUK), Alphabet Inc. (GOOG)
Duke Energy Corporation ( DUK ) has made its way to a 12-month decline of -5.3%. The company has market cap of $56.08 billion. It has a 9.37 P/E ratio. Massachusetts-based Ironwood Management Limited Liability Co has invested 0.19% in SM Energy Company ( NYSE :SM). Fincl Engines Advsrs Ltd Company invested in 260 shares. [Full Article...]
CFPB Slaps Wells Fargo with $1 Billion Fine
Starting in September 2016, Wells has admitted to a number of abusive practices across multiple parts of its business that duped consumers out of millions of dollars. Wells Fargo & Co.is facing more challenges with one of its regulators. "I will cut Regs but make penalties severe when caught cheating!", Trump wrote on Twitter back in December. [Full Article...]
MGM Resorts International (MGM) Upgraded to "Buy" by ValuEngine
On the other end, a stock with a score from 0-2 would be viewed as weak. The last session's volume was 5,122,642 compared to its average daily volume of 8.60M shares. Cadence Cap Mngmt Ltd Llc reported 10,970 shares. A rating of 4 or 5 represents a Sell idea. SunTrust maintained it with "Buy" rating and $190.0 target in Tuesday, January 30 report. [Full Article...]
$0.88 EPS Expected for Vornado Realty Trust (VNO) as of April, 30
The 5 months chart pattern indicates high risk for the $13.27B company. Shares of NYSE:VNO traded down $0.22 during midday trading on Friday, reaching $67.30. As per Monday, December 4, the company rating was downgraded by Evercore. Barr E S & Co, which manages about $978.77M and $984.80M US Long portfolio, decreased its stake in Jbg Smith Prop by 11,770 shares to 66,194 shares, valued at $2... [Full Article...]
International Business Machines Corporation (IBM)
About 5.28M shares traded. JD.com, Inc. (NASDAQ:JD) has risen 29.73% since April 23, 2017 and is uptrending. Over the trailing year, the stock is underperforming the S&P 500 by 13.44, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. [Full Article...]
Pfizer (PFE) Position Trimmed by Reilly Financial Advisors LLC
Avalon Ltd Liability holds 2.06% of its capital in Pfizer Inc . The stock underperformed the S&P500 by 9.12%. Dupont Capital Management Corp decreased its stake in Fedex Corp (FDX) by 73.57% based on its latest 2017Q4 regulatory filing with the SEC. [Full Article...]