Rogers Communications Inc. Class B (TSE:RCI.B) (NYSE:RCI) had its target price lifted by National Bank Financial from C$68.00 to C$69.00 in a report issued on Friday morning. The brokerage currently has a sector perform rating on the stock.
Several other brokerages have also recently commented on RCI.B. CIBC increased their price target on Rogers Communications Inc. Class B from C$67.00 to....More>>>
Avon Products, Inc. (NYSE:AVP) is set to open higher this morning after it was revealed that a group of activist investors are seeking a sale of the company. AVP stock was up 7% at 7:30 a.m. in pre-market trading.
Shah Capital, Barington Capital Group LP and NuOrion Partners have banded together to call on Avon to seek a buyer, according to The Wall Street Journal. The move could set....More>>>
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
Wynn Resorts, Limited (NASDAQ:WYNN) delivered strong results on Tuesday beating on the bottom line, but missing on the top. Personally, I love what I see at the top and bottom lines for WYNN stock.
The Macau nightmare appears to have come to an end, and it seems to me that the company is back on track. With Elaine Wynn also restructuring the board of directors, the goal appears to be wiping....More>>>
The U.S. dollar’s rally is having an unusual effect on the commodities market. Gold prices have fallen as expected, while crude oil has rallied to its highest level in years.
Oppenheimer’s Ari Wald says this setup is bullish for the broader market.
“When the value of the dollar rises, it typically costs less to buy commodities that are priced in the dollar. So it’s....More>>>
Dunkin’ Brands Group(NASDAQ:DNKN) reports its second-quarter 2018 results next week on July 26.The quick-service restaurant chain has chalked up a stock price return of 35% over the last 12 months, due in part to investors’ confidence in its strategy of investing in franchisee growth.
Will DNKN shares continue to rise after the company’s upcoming earnings release? The following....More>>>
The Bank of Japan on Friday stepped in on Friday to tamp down an ungainly yield swing in its sovereign debt, renewing its vow to keep its long-term interest rate close to zero.
Since last week, central bankers from Canada, the U.K. and Europe have made overtures of tightening monetary policy, sparking a recent world-wide rout in government debt, sending the German bond, known as the bund
First Japan, and now China, is getting markets notably the bond world stirred up.
Bonds are the topic du jour, especially after the Bank of Japan got everyone a bit worked up yesterday by trimming its government bond purchases. Then this morning, Bloomberg reported China is considering cutting back on its U.S. Treasury holdings.
Timing is everything. That news has been tanking stock....More>>>
Prudential Financial Inc. decreased its stake in L3 Technologies (NYSE:LLL) by 20.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,847 shares of the aerospace company’s stock after selling 21,981 shares during the quarter. Prudential Financial Inc. owned approximately 0.11%....More>>>
Markel Co. (NYSE:MKL) Vice Chairman Steven A. Markel sold 200 shares of the stock in a transaction on Thursday, May 24th. The stock was sold at an average price of $1,136.06, for a total value of $227,212.00. Following the sale, the insider now directly owns 104,850 shares in the company, valued at $119,115,891. The transaction was disclosed in a filing with the SEC, which is accessible through....More>>>