GENEVA — With its new full-size flagship, Lexus believes it has elevated its hybrid power system to the next level.
That’s just what Lexus official say is the start of the innovative features in the 2018 Lexus LS 500h, which was unveiled Tuesday in Geneva. It comes to the U.S. late this year.
It has what Lexus, Toyota’s luxury division, calls a Multi-Stage Hybrid System meant to make the car feel more responsive to the driver and more like piloting conventionally powered sedan.
Though hybrid systems are typically about saving gas, Lexusis putting the emphasis on the car’s performance. The 500h, it says, is capable of zero to 60 miles an hour in 5.4 seconds.
It does it with a 3.5-liter V-6 engine and twin electric motors that work in conjunction with its batteries. Total power is 354 horsepower, Lexus says.
latest news on stock market: Shutterfly Inc.(SFLY)
- [By Chris Lange]
When Shutterfly Inc. (NASDAQ: SFLY) released its fourth-quarter earnings report after the markets closed on Wednesday, the company said it had $2.63 in earnings per share (EPS) and $561.2 million in revenue. The consensus estimates had called for $2.84 in EPS and revenue of $586.4 million. In the same period of last year, it posted EPS of $3.57 and $548.1 million in revenue.
latest news on stock market: Aquinox Pharmaceuticals, Inc.(AQXP)
- [By Lee Jackson]
The Baker Brothers biotech hedge fund bought a block of 398,062 shares of Aquinox Pharmaceuticals Inc. (NASDAQ: AQXP) last week. At a per-shareprice of $17.18, the total for the trade came to$6,836,813.
latest news on stock market: SPDR S&P MidCap 400 ETF (MDY)
- [By WWW.GURUFOCUS.COM]
For the details of Cougar Global Investments Ltd’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Cougar+Global+Investments+Ltd
These are the top 5 holdings of Cougar Global Investments LtdSPDR MidCap Trust Series I (MDY) – 134,036 shares, 37.74% of the total portfolio. Shares added by 9.81%SPDR S&P 500 (SPY) – 150,252 shares, 31.92% of the total portfolio. Shares added by 359.35%iShares Core S&P Small-Cap (IJR) – 374,523 shares, 23.35% of the total portfolio. Shares added by 283.37%iShares MBS (MBB) – 37,334 shares, 3.59% of the total portfolio. Shares added by 109.88%iShares Core U.S. Aggregate Bond (AGG) – 34,781 shares, 3.4% of the
latest news on stock market: Atwood Oceanics, Inc.(ATW)
- [By Lisa Levin]
Energy sector was the top gainer in the US market on Wednesday. Top gainers in the sector included TETRA Technologies, Inc. (NYSE: TTI), CARBO Ceramics Inc. (NYSE: CRR), and Atwood Oceanics, Inc. (NYSE: ATW).
- [By Lee Jackson]
Atwood Oceanics Inc. (NYSE: ATW) was reiterated with a Hold rating at Jefferies, but the firm raisedits price target on the shares to $13 from $8. That compares with a Wall Street consensus price objective of $8.90. The 52-week trading range for the stock is $4.82 to $15.87. The stock closed Thursday at $13.55.
- [By Ben Levisohn]
Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore Drilling (DO) have dropped 13%.
- [By Benzinga News Desk]
Stephens (Equal-Weight) and Citi (Sell) both downgraded Atwood Oceanics (NYSE: ATW).
Sell-Side's Most Noteworthy Calls Investec downgraded Anheuser-Busch (NYSE: BUD) to Hold. Deutsche Bank downgraded Freeport McMoRan (NYSE: FCX) to Hold. Goldman Sachs upgraded Microsoft (NASDAQ: MSFT) to Buy. Barclays upgraded Teck Resources (NYSE: TCK) to Overweight. BTIG started Adobe (NASDAQ: ADBE) at Neutral. Deal Talk
U.S. oil refiner Tesoro (NYSE: TSO) said it would buy Western Refining (NYSE: WNR) for $4.1 billion to add refineries in Texas, New Mexico and Minnesota. The combined company will have refining capacity of over 1.1 million barrels per day. Tesoro has refineries in California, Washington, Alaska, Utah and North Dakota.