New research on money-stealing hackers shows they are expanding their reach — and looking more like an international mafia.
The cybersecurity experts at Dell SecureWorks track banking botnets, the massive networks of infected computers that steal victims’ bank logins and empty their checking accounts.
In 2015, the most vicious viruses expanded to also target warehouses and shipping companies, according to SecureWorks’ latest report.
The report, which CNNMoney got an exclusive look at this week, found banking botnet malware is targeting warehouses in New York, the United Kingdom, Romania and Latvia. They also found it aimed at shipping companies in Australia, the United Kingdom and the United States.
It could be a sign that hackers are creating a channel to launder their stolen money and goods. That’s the running theory by Pallav Khandhar, a senior threat researcher at SecureWorks.
Top Bank Stocks For 2018: Inter Parfums, Inc.(IPAR)
- [By Monica Gerson]
Inter Parfums, Inc. (NASDAQ: IPAR) is estimated to post its quarterly earnings at $0.31 per share on revenue of $110.58 million.
Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) is expected to report its quarterly earnings at $0.37 per share on revenue of $1.10 billion.
Top Bank Stocks For 2018: Codexis, Inc.(CDXS)
- [By Jim Robertson]
On Tuesday, our Under the Radar Moversnewsletter suggested taking a long/bullish position in small cap biocatalysts developer Codexis, Inc (NASDAQ: CDXS):
- [By Maxx Chatsko]
While companies with lower-priced shares are often riskier than those with higher prices, some companies trading under $5 per share have intriguing potential. Investors searching for overlooked growth opportunities should consider industrial biotech BioAmber (NYSE:BIOA), pharmaceutical services company Codexis (NASDAQ:CDXS), and one-trick-pony biopharma Keryx Biopharmaceuticals (NASDAQ:KERX).
Top Bank Stocks For 2018: Rigel Pharmaceuticals Inc.(RIGL)
- [By Lisa Levin]
Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) shares dropped 22 percent to $2.52 after the company reported results from the second FIT Phase 3 study for fostamatinib. The company disclosed that the study did not meet primary endpoint.
Top Bank Stocks For 2018: WGL Holdings Inc(WGL)
- [By Shauna O’Brien]
Brean Capital reported on Friday that it has upgraded natural gas utility company WGL Holdings Inc (WGL).
The firm has raised its rating on WGL from “Hold” to “Buy,” and has given the company a $46 price target. This price target suggests a 12% increase from the stock’s current price of $40.62. The upgrade was primarily based on valuation and future investment opportunities.
“Like many utilities in the gas LDC space, the shares of WGL Holdings have come off recent highs and are now trading at a level we consider attractive,” analyst Michael Gaugler comments. “Beyond valuation, we consider the recent announcement of conditional approval of Dominion’s Cove Point facility for LNG export as a positive development in terms of future investment opportunities, given the company’s one-third interest in the Commonwealth Pipeline project, which we believe will be revisited due to future increased demand.”
WGL Holdings shares were mostly flat during pre-market trading Friday. The stock has been mostly flat YTD.