Zacks Investment Research upgraded shares of Carnival Cruise Line (NYSE:CCL) from a hold rating to a buy rating in a report released on Tuesday morning. The firm currently has $73.00 price objective on the stock.
According to Zacks, “Carnival shares have outperformed the industry in the past year. Given burgeoning demand for cruise travel, the addition of new ships to its fleet bodes....More>>>
Engineers Gate Manager LP lowered its stake in shares of United Rentals, Inc. (NYSE:URI) by 14.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,646 shares of the construction company’s stock after selling 625 shares during the quarter. Engineers Gate Manager LP’s holdings in United Rentals were worth....More>>>
Trexquant Investment LP trimmed its holdings in shares of Dolby Laboratories, Inc. (NYSE:DLB) by 49.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,684 shares of the electronics maker’s stock after selling 4,492 shares during the period. Trexquant Investment LP’s holdings in Dolby Laboratories were worth $298,000 at the end of....More>>>
In early 2017, I wrote an article on Berkshire Hathaways intrinsic value. At the time, I asserted Berkshire was worth $200-$215 per share a valuation range briefly exceeded earlier this year. Several readers asked me to update my analysis to account for changes that have occurred in the interim. Given appreciation of and additions to Berkshires investment portfolio, higher cash balances, and higher....More>>>
&l;p&g;U.S. President Donald Trump&s;s unilateral decision to withdraw from the Iran nuclear accord could knock 5% of global oil production offline and drive the oil price to unpredictable highs, according to Igor Sechin, Chief Executive Officer of Russian oil giant Rosneft.
Speaking at the St Petersburg International Economic Forum on Friday, May 25, Sechin, who&a;nbsp;is reportedly&a;nbsp;close....More>>>
The short interest in social media company Snap Inc. (NYSE: SNAP) rose 16 million shares, or 17%, to 109 million shares for the period that ended May 15. It is the 11th most shorted stock traded on the New York Stock Exchange. Worse, the position is 25% of the float, a sign of how big the bet really is.
After a brief rally earlier in the year, Snap shares are back near their 52-week low of....More>>>
The Hackett Group, Inc. (NASDAQ:HCKT) has been assigned a consensus rating of “Buy” from the six research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $21.00.....More>>>
The U.S. dollar resumed its selloff on Tuesday, giving back part of the previous days rally as the bullish case for its main rival, the euro, was reaffirmed by strong economic growth data.
U.S. 10-year Treasury yields, which guided the dollar higher on Monday, slipped earlier in the session and weighed on the buck. They since recovered though the dollar remained under pressure.
Is bempedoic acid safe or is it not? Will it increase the chance of cardiovascular events or death? Is preliminary evidence suggesting it may be unsafe just a statistical fluke? Esperion (ESPR) is turning into one of those cases where investors are being led by headlines, but none of the dramatic moves really mean anything because, bottom line, nobody knows the answers yet. Not company leaders,....More>>>
Q: I’m shopping for bonds, and while I understand the basic idea of bond ratings, I’m not sure what they really mean in terms of yield and risk. Can you help?
The general concept of bond ratings is easy to understand. Bonds are rated by three main agencies (S&P, Moody’s, and Fitch), and lower ratings imply more risk. However, many investors don’t realize the differences....More>>>