Markets
USA new home sales drop more than expected in July
Builders remain largely optimistic about the market, saying they still see significant pent-up demand from millennials and other buyers who have been waiting on the sidelines until recently. A lack of new-home construction is dampening both new and existing home sales activity, despite a strong economy. The average tenure of someone selling their home in July was 8.28 years, according to ATTOM Dat... [Full Article...]
US Durable Orders Plummeted in July on Weak Aircraft Demand
Economists had expected orders to drop after the big gain in June. Economists surveyed by The Wall Street Journal had expected a 6.0% decline for orders last month. Economists at NatWest noted that business investment is recovering after a string of quarterly declines. Orders for motor vehicles and parts fell 1.2 percent in July, the biggest drop since May 2016, after decreasing 0.7 percent in... [Full Article...]
Keep Your Eyes on Hot stock of yesterday-: Diebold Nixdorf, Incorporated (DBD)
The company posted an earnings surprise of 33.3%. In the latest earnings report the EPS was $-3.63 and is estimated to be $0.97 for the current year with 75,510,000 shares now outstanding. BlackRock Inc. boosted its stake in shares of Diebold, by 19,292.0% in the first quarter. Teachers Advisors LLC now owns 108,417 shares of the technology company's stock worth $2,727,000 after buying an additi... [Full Article...]
Q4 2016 Sentiment Vulcan Materials Co (NYSE:VMC)
Is Continental Resources, Inc. The average 1-year price target for SM Energy Company (SM) - averaging the work of different analysts - reveals a mean PT of $24.72/share. Its up 0.08, from 1.05 in 2016Q3. 119 funds opened positions while 240 raised stakes. Prudential Fincl invested in 0% or 6,046 shares. Of all companies tracked, Continental Resources had the 0th highest net out-flow for the day. [Full Article...]
Cleararc Capital Inc. Sells 193 Shares of Mondelez International, Inc. (MDLZ)
Jones Financial Companies Lllp acquired 15,042 shares as Mondelez International Inc (MDLZ)'s stock rose 7.60%. The Eidelman Virant Capital holds 42,100 shares with $1.87 million value, down from 54,100 last quarter. Parametric Port Associates Limited accumulated 0.2% or 3.29M shares. It also upped Ishares Msci Emerging Index Fund Mfc (EEM) stake by 51,940 shares and now owns 259,021 shares. [Full Article...]
Better EPS Growth Stocks : WestRock Company (NYSE:WRK)
It is down 40.51% since August 21, 2016 and is uptrending. The basic materials company reported $0.74 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.64 by $0.10. Sun Life Financial INC increased its stake in Westrock by 26,114.3% in the second quarter. State of Alaska Department of Revenue acquired a new position in shares of Westrock during the fir... [Full Article...]
VW Engineer Gets Prison, $200K Fine In Diesel Scandal
Volkswagen , which has acknowledged the software is on some 11 million vehicles globally, earlier this year pleaded guilty to criminal charges in the USA stemming from the deception and agreed to pay billions of dollars in penalties. In addition to working on the illegal software, Mr. Liang helped Volkswagen mislead environmental regulators when they questioned the auto maker's emissions practices... [Full Article...]
Digital Realty Trust, Inc. (DLR) Given Buy Rating at KeyCorp
BlackRock Inc. now owns 15,147,324 shares of the real estate investment trust's stock valued at $1,611,523,000 after buying an additional 14,596,894 shares during the period. Investors sentiment increased to 1.15 in Q4 2016. Its up 0.15, from 1.15 in 2016Q3. It is negative, as 21 investors sold Education Realty Trust, Inc. [Full Article...]