Markets
Alexion Pharmaceuticals, Inc. (ALXN) Earns Buy Rating from Leerink Swann
It has underperformed by 34.82% the S&P500. Insiders sold 11,476 shares of company stock worth $1,504,601 in the last ninety days. Coca Cola Co now has $195.57 billion valuation. Shares for $123,829 were sold by Moriarty John B . "These changes appear to be the plan of the recently appointed new CEO, Ludwig Hantson, and we believe signal his intention to make a complete break with the company's ... [Full Article...]
IOS 11: Eleven New Features For iPhone & iPad
Apple Pay users will be able to make and receive payments with friends and family. "With iOS 11, we're delivering the biggest AR platform in the world, and it's available today for developers to begin building AR experiences using ARKit for hundreds of millions of iPhone and iPad users", said Craig Federighi, Apple's senior vice president of Software Engineering. [Full Article...]
South Africa's Datatec lifted by sale of Americas business to Synnex
Synnex will pay $500M in stock plus $100M in cash at closing, though there's an option to pay all cash depending on the share price at closing. In April, US-based financial services company Raymond James said that purchasing Westcon-Comstor would be a win-win-win for Synnex Corp - boosting gross profit margins, filling the Cisco void in its line card, and expanding its presence beyond North Am... [Full Article...]
Russian Federation fears N/Korea's nuclear weapons advancement
US Ambassador to the United Nations Nikki Haley said the council was sending a "clear message to North Korea today - stop firing ballistic missiles or face the consequences". "They would squarely see that their mean and indiscreet act would go in just opposite direction to what they want for". The Japanese defence minister said the threat had "entered a new stage" and urged the North to "aba... [Full Article...]
Penske Automotive Group, Inc. (NYSE:PAG) Stock Ticks -1.08%
About shares traded. Polymet Mining Corp (USA) (NYSEMKT:PLM) has declined 16.66% since June 2, 2016 and is downtrending. It has underperformed by 6.56% the S&P500. Finally, ValuEngine downgraded shares of Penske Automotive Group from a "strong-buy" rating to a "buy" rating in a report on Friday. The rating was maintained by Cowen & Co on Thursday, April 28 with "Outperform". [Full Article...]
Oil down 1 percent on rising United States drilling fears, supply glut
In London August Brent the global benchmark, dropped 68 cents, or 1.3%, to $US49.95 - a loss of 4.9% for the week. Commodity markets were absorbing news the United States would withdraw from the landmark 2015 global agreement to fight climate change, a move that fulfilled a major campaign pledge but drew condemnation from USA allies. [Full Article...]
Legacy Vulcan Corp (NYSE:VMC) Q4 2016 Institutional Investor Sentiment Steady
About 1.91 million shares traded. The stock of Vulcan Materials Company (NYSE: VMC ) has "Buy" rating given on Wednesday, June 8 by Goldman Sachs. It has underperformed by 6.11% the S&P500. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, February 5. Bank of America downgraded Vulcan Materials Company (NYSE:VMC) on Wednesday, November 16 to "Neutral" rating. [Full Article...]
The Eli Lilly and (LLY) Earns Coverage Optimism Rating of 0.25
It has outperformed by 20.71% the S&P500. First Command Financial Services Inc. increased its stake in shares of Eli Lilly and by 7.3% in the first quarter. The firm has "Buy" rating given on Tuesday, April 11 by Jefferies. As per Thursday, September 8, the company rating was upgraded by JP Morgan. Leerink Swann maintained the shares of LLY in report on Monday, December 28 with "Outperform" rati... [Full Article...]