PNC Financial Services Group Inc. cut its stake in Juniper Networks, Inc. (NYSE:JNPR) by 44.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,300 shares of the network equipment provider’s stock after selling 49,019 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Juniper Networks....More>>>
Shares of Boardwalk Pipeline Partners (NYSE:BWP) traded up 5.8% on Thursday . The stock traded as high as $10.31 and last traded at $10.26. 190,760 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 2,588,689 shares. The stock had previously closed at $9.70.
Several analysts have weighed in on the company. Zacks Investment Research raised Boardwalk....More>>>
Investment company Wealthsource Partners, Llc buys iShares 7-10 Year Treasury Bond ETF, iShares Edge MSCI USA Momentum Factor, iShares J.P. Morgan USD Emerging Markets Bond ETF, iShares Latin America 40, SPDR Select Sector Fund – Financial, ProShares Short Dow30, iShares U.S. Preferred Stock ETF, iShares MSCI EAFE Growth, iShares MSCI EAFE Value, Teucrium Corn Fund ETV, sells SPDR MSCI ACWI....More>>>
Scotiabank set a C$27.50 price objective on AutoCanada (TSE:ACQ) in a report issued on Friday morning. The firm currently has a sector perform rating on the stock.
Several other research firms have also commented on ACQ. Canaccord Genuity upgraded AutoCanada from a hold rating to a buy rating and raised their price target for the stock from C$25.00 to C$27.00 in a research report on Friday,....More>>>
Tesaro’s (NASDAQ:TSRO)ovarian cancer drug, niraparib, will begin competing for prescriptions earlier than expected. Niraparib, which will be sold under the brand name Zejula, notched FDA approval on Monday, more than three months ahead of its June 30 decision date. The early approval setsTesaro up for a fierce battle for market share withAstraZeneca (NYSE:AZN)and Clovis Oncology (NASDAQ:CLVS),....More>>>
Related NEN Top 4 Small-Cap Stocks In The Property Management Industry With The Highest Dividend Yield Top 4 Small-Cap Stocks In The Property Management Industry With The Highest Dividend Yield
Related LTS Mid-Morning Market Update: Markets Mostly Flat; Conagra Profit Beats Estimates Mid-Afternoon Market Update: Tableau Software....More>>>
On March 22, I published an article that examined whether Navios Maritime Partners L.P. (NYSE:NMM) would reinstate distributions on its common units. One possible risk factor that I mentioned was the possibility of self-dealing by Navios Maritime Holdings Inc. (NYSE:NM), the parent company of NMM and of Navios Maritime Acquisition Corporation (NYSE:NNA). I specifically cited the sale by NM to NMM....More>>>
For the past year, the restaurant industry has struggled as foot traffic has been trending lower. Generally bucking the trend, though, has been the upscale casual-dining segment. Shareholders ofThe Cheesecake Factory (NASDAQ:CAKE)have been benefactors of that trend over the last year. With continued positive expectations for that segment of hospitality through this year, it’s time to dig into....More>>>
(Photo by Spencer Platt/Getty Images)
On Monday morning, a long-time rivalry came to a fashionable close after Coach announced that it will acquire cool-girl brand Kate Spade. According to a press release on Kate Spade’s website, Coach’s cash offer of $18.50 per share, or $2.4 billion, represents a 27.5% percent premium to the unaffected closing price of Kate Spade’s shares....More>>>
It finally happened. After years of nary a selloff, let alone a significant correction, the floodgates burst open.
On Monday, February 5, the Dow Jones Industrial Average suffered a mid-session 1,600 point death plunge. Buyers quickly entered the fray, with the DJIA closing down just 1,175 points, but the day was still the highest single-day point drop in history. Percentage-wise, the decline....More>>>