Markets
Ford eyes deal with Chinese electric carmaker
Ford sees the JV tied into its corporate sustainability campaign dedicated to improving air quality and facing climate change. The company also plans to have 70 percent of all Ford vehicles sold in China have electric powertrain options by 2025. [Full Article...]
Comcast Corporation (CMCSA): Examining the Technicals
It has outperformed by 13.33% the S&P500. Nwi Management Lp increased Comcast Corp ( CMCSA ) stake by 3.39% reported in 2016Q4 SEC filing. Barclays Plc sold 711,700 shares as the company's stock rose 3.16% with the market. As the P/E goes up, it shows that current investor sentiment is that the company is worth more. Its up 0.96, from 1.46 in 2016Q3. The stock grabbed 110 new institutional inves... [Full Article...]
Cisco Announces Intent to Acquire Springpath | The Network | The Network
Springpath has developed a distributed file system purpose-built for hyperconvergence that enables server-based storage systems. The purchase follows a longstanding strategic relationship between the companies culminating in the launch of HyperFlex , a fully integrated hyperconverged infrastructure system, early past year. [Full Article...]
Why to Keeping Eye on Intel Corporation (INTC), Micron Technology, Inc. (MU)?
About shares traded. Fred's, Inc. Intel Corporation (NASDAQ:INTC) previously released its earnings report on Early Thur, Jul 27th. It has outperformed by 2.77% the S&P500. For the quarter, shares have been noted at -2.38%. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within th... [Full Article...]
Target Corporation (TGT) Stake Lowered by Appleton Partners Inc. MA
Piedmont Investment Advisors LLC divested its investment by shedding 14,790 shares a decrease of 7.5% from 12/31/2016 to 03/31/2017. BlackRock Inc. now owns 47,046,403 shares of the retailer's stock valued at $2,596,495,000 after buying an additional 44,877,391 shares in the last quarter. [Full Article...]
US Sanctions Chinese, Russian Companies Aiding N. Korea
The sanctions target third-country companies and individuals that assist already-designated persons who support North Korea?s nuclear and ballistic missile programmes, deal in the North Korean energy trade, facilitate its exportation of workers, and enable sanctioned North Korean entities to access U.S. [Full Article...]
Estee Lauder Price Target Raised by RBC
With an institutional ownership near 15.9%, it carries an earnings per share ratio of 3.29. U.S. based company, The Estee Lauder Companies Inc. EPS growth in next year is estimated to reach 11.83% while EPS growth estimate for this year is set at 13.10%. [Full Article...]
Holder Edgewood Management LLC Has Lifted Celgene Corp (CELG) Holding
Swiss National Bank now owns 2,746,896 shares of the biopharmaceutical company's stock worth $341,796,000 after buying an additional 588,000 shares during the period. Sidoti initiated Unisys Corporation (NYSE:UIS) on Tuesday, March 29 with "Buy" rating. As per Thursday, July 27, the company rating was maintained by Cowen & Co. [Full Article...]