The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
RR Donnelley (NYSE:RRD) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday.
NYSE RRD traded down $0.22 during trading hours on Wednesday, hitting $6.58. 2,075,949 shares of the company’s stock were exchanged, compared to its average volume of 1,006,628. RR Donnelley has a 12-month....More>>>
California Resources (NYSE:CRC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday.
According to Zacks, “California Resources Corporation is engaged in exploration and production of oil and gas. The Company produces, gathers, processes and markets crude oil, natural gas, natural gas liquids and....More>>>
Source: ThinkstockFebruary 14, 2018: The S&P 500 closed up 1.4% at 2,698.88. The DJIA closed up 1.0% at 24,897.34. Separately, the Nasdaq was up 1.9% at 7,143.62.
Wednesday was a fourth consecutive positive day for the U.S. markets, again with a rocky start just like Tuesday. All three major exchanges showed some love on Valentines Day, each returning over 1%. Crude oil was feeling the....More>>>
Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or somewhere....More>>>
&l;p&g;The iPhone business remains the biggest driver of &l;a href=&q;http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=aapl&a;amp;tab=searchtabquotesdark&q; target=&q;_blank&q;&g;Apple&a;rsquo;s&l;/a&g; valuation, accounting for over 50% of the stock price per our estimates. The iPhone&a;rsquo;s high ASPs and margins are especially crucial to this valuation, and Apple has....More>>>
Tableau Software Inc. (DATA ) just released its latest quarterly financial results, posting earnings of a loss of 19 cents per share and revenues of $224 million.
Currently, DATA is a Zacks Rank #3 (Hold), but that could change based on today’s results. Shares of the company have gained about 5.5% over the past month, including a 0.55% gain during regular trading hours today.
BidaskClub upgraded shares of CNB Financial (NASDAQ:CCNE) from a hold rating to a buy rating in a research note released on Wednesday morning.
Several other equities research analysts have also issued reports on CCNE. Boenning Scattergood reissued a buy rating and set a $29.50 price target on shares of CNB Financial in a research report on Monday, February 5th. Zacks Investment Research....More>>>
Source: ThinkstockJanuary 9, 2018: The S&P 500 closed up 0.1% at 2,751.46. The DJIA closed up 0.4% at 25,387.17. Separately, the Nasdaq was up 0.1% at 7,163.58.
Tuesday was another positive day for the markets, with all three of the major exchanges hitting all-time highs yet again. With earnings season just around the corner, we will finally get to see if the fundamentals are backing....More>>>
After a whirlwind week of new schedule reveals, surprise cancellations and buzzwords, the 2018 upfronts are done. It was an interesting week, and perhaps one of the more unpredictable ones in recent years. Now though, it's up to the advertisers to ultimately d
BlackRock (BLK) is a leading asset manager with good growth prospects and is adapting its business to structural changes within the industry, but this seems to be already reflected in its valuation. Even though BlackRock is a good company, a lower share price is desirable to enter into a long p