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StarBulk Carriers (SBLK) and Safe Bulkers (SB) have more than tripled during the past 12 months, while Golden Ocean Group (GOGL) has more than doubled. So it must be time for an upgrade right?
That’s exactly what Morgan Stanley did last night, when they upgraded StarBulk Carriers, Safe Bulkers, and Golden Ocean Group to Overweight from Equal Weight, while lifting arguing that the “recovery....More>>>
Wynn Resorts (WYNN) soared nearly to the top of the S&P 500 today after Morgan Stanley argued that the casino stock had the potential to double.
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Wynn Resortsgained 4.8% to $104.30 today, while the S&P 500 finished little changed at2,373.47. At 2:45, Wynn was easily the top performing stock in the S&P 500, only to be surpassed by Citrix’s....More>>>
Investment company Abrams Capital Management buys Time Warner Inc, PG&E Corp, Suburban Propane Partners LP, Keryx Biopharmaceuticals Inc, sells Barnes & Noble Education Inc during the 3-months ended 2017-12-31, according to the most recent filings of the investment company, Abrams Capital Management. As of 2017-12-31, Abrams Capital Management owns 20 stocks with a total value of $3 billion.....More>>>
Crocs, Inc. (NASDAQ:CROX) shares were soaring on Friday as an analyst upgraded the stock.
An analyst over at Stifel upgraded the stock from a “hold” to a “buy” on Friday, helping to carry forward the company’s rally, which has been ongoing since May. The stock is up more than 16.9% on Friday to go along with its price more than doubling throughout the....More>>>
“Mors tua, vita mea” (literally “your death is my life) probably was the motto that gladiators, in the ancient Rome, recited before entering in the Coliseum and fighting for their life. Over and above its literal translation, this Latin expression means that what is a damage for one person is often an advantage for another. There can only be one winner in a competition; that is....More>>>
Some would argue America’s obsession with fast food is coming to an end. Healthier options have presented themselves, and consumers have shifted preferences. However, even with this new competition for the fast food industry, several companies have managed to maintain a core customer base, and even begin growing once again. Wendy’s (NYSE:WEN) provides a classic example of a fast food....More>>>
Chipotle Mexican Grill, Inc. (NYSE:CMG) reported first-quarter earnings of $1.60 per share, notably higher than analysts’ expectations for $1.27. Revenues beat expectations, too, growing 28.1% year-over-year to $1.07 billion. Comp-store sales were up 17.8%. These results helped fuel the 2017 rally, but Chipotle shares only saw an ephemeral push above $500 in the after-hours session.
Small cap upscale apparel brandretailer Vince Holding Corp (NYSE: VNCE) reported Q1 2017 financial results before the market opened this morning. Net sales decreased 14.2% to $58.0 million as wholesale segment sales decreased 20.9% to $35.4 million, primarily due to a reduction in full-price orders as a result of the elimination of the Companys summer delivery, and asdirect-to-consumer....More>>>
Shares of Vipshop (NYSE:VIPS) tumbled nearly 20% on May 15 after the Chinese e-tailer reported itsfirst-quarter numbers. Its revenue rose 25% annually to 19.9 billion yuan ($3.2 billion), beating estimates by $120 million, but its non-GAAP net income dropped 9% to 728 million yuan ($116 million
Zacks Investment Research upgraded shares of Danaher (NYSE:DHR) from a hold rating to a buy rating in a report released on Thursday. Zacks Investment Research currently has $113.00 price target on the conglomerate’s stock.
Scout Investments Inc. lifted its holdings in Textron (NYSE:TXT) by 13.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 533,591 shares of the aerospace company’s stock after acquiring an a
American International Group Inc. trimmed its position in Sallie Mae (NASDAQ:SLM) by 2.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 867,273 shares of the credit services p