Shares ofGoPro (NASDAQ:GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower
Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
This morning, we added small capsupercomputer stock Cray Inc (NASDAQ: CRAY) back into our Elite Opportunity Pro (EOP) newsletter portfolio. The stock would be a familiar name to subscribers as we had it in our portfolio back in 2012 asa potentially goodlow risk longer-term play. Shares were trading at the $12 level at the time and eventually hit $40+ per share before coming back down to earth repeatedly:....More>>>
EQT Midstream Partners (NYSE:EQM) had its target price trimmed by Wells Fargo from $79.00 to $69.00 in a research report report published on Monday morning. The firm currently has an outperform rating on the pipeline company’s stock.
Several other research firms have also recently weighed in on EQM. Credit Suisse Group initiated coverage on shares of EQT Midstream Partners in a report....More>>>
ICU Medical Inc (NASDAQ:ICUI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. ICU Medical Inc is engaged in the development, manufacture and sale of medical devices used in infusion therapy, oncology and critical care applications. Its products include needlefree connectors, nanoclave, chemoclock, chemoclave, and among others. ICU Medical Inc has a market cap of $5.05....More>>>
December 19, 2016: Markets opened higher again Monday as investors intent on driving indexes to new highs and the DJIA above 20,000. A look at the S&P sectors shows telecoms and real-estate stocks the leading gainers, while energy and healthcare lag. WTI crude oil for January delivery settled at $52.12 a barrel, up about 0.4% on the day. February gold added 0.5% on the day to settle at $1,142.70.....More>>>
No good deed goes unpunished, as the saying goes. On first impression, that’s what happened to Dr. Robert McClendon, a Texas physician. He lent $100,000 to a business to cover its payroll. And then he got hit with a $4.3 million IRS penalty for the company’s payroll taxes, a penalty that was just upheld in court. But, as often happens with taxes, the situation is more complex. The....More>>>
Lands’ End (NASDAQ:LE) CMO Gill Brown Hong bought 1,525 shares of the company’s stock in a transaction on Friday, April 13th. The shares were bought at an average price of $22.20 per share, with a total value of $33,855.00. Following the completion of the transaction, the chief marketing officer now owns 3,425 shares of the company’s stock, valued at $76,035. The transaction was....More>>>
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Related Benzinga's Top Upgrades Morgan Stanley Revises Triple-Net REIT Ratings Prior To Q2 Earnings ....More>>>
Two initial public offerings (IPOs) made it into the public markets last week, with insiders taking about two-thirds of the shares on offer. Next week’s action includes a cable TV operator, three REITs, and three blank-check companies.
Biotech firm Athenex Inc. (NASDAQ: ATNX) raised $66 million selling 6 million shares at $11, the low end of the expected price range. The shares got....More>>>
An estimated 73% of adults have financial regrets, according to a new Bankrate report. What’s their biggest financial worry? The majority of respondents, 22%, believe they didn’t start saving for retirement early enough. This is a common regret among Americans aged 50 to 64 years old (37%), along with 26% of those over the age of 64. Both men and women agree that it’s their top....More>>>
After eight-straight losing sessions, the Dow Jones Industrial Average ($DJI) might draw support Friday from stronger overseas markets overnight. Without much data or earnings news on the calendar, the focus sits squarely on OPEC amid talk that a crude oil production increase might be in the card
NEW YORK Speaking about a peak suddenly made stocks weak.
Investors got a rude awakening in April when executives at Caterpillar said the construction and mining equipment company didn't expect to top its first-quarter profit for the rest of the year. Other companies warned about paying more
European stocks on Friday retreated from an almost-four month high as uncertainty about Italian politics contributed to a market already jittery over trade tensions between global superpowers China and the U.S.
Media stories about LATAM Airlines Group (NYSE:LTM) have been trending positive on Monday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public compa