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Credit Agricole S A increased its position in shares of Everest Re Group, Ltd. (NYSE:RE) by 34.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,493 shares of the company’s stock after buying an additional 12,210 shares during the period. Credit…
02.24 / 17:08
wkrb13.com
Credit Agricole S A decreased its position in BorgWarner Inc. (NYSE:BWA) by 28.3% during the fourth quarter, Holdings Channel reports. The firm owned 261,523 shares of the company’s stock after selling 103,391 shares during the period. Credit Agricole S A’s holdings in BorgWarner were worth $10,316,000 as of its most recent SEC filing. Other institutional…
02.24 / 17:08
wkrb13.com
Allianz Asset Management AG boosted its stake in Cooper Companies, Inc. (The) (NYSE:COO) by 30.6% during the fourth quarter, Holdings Channel reports. The firm owned 116,857 shares of the medical device company’s stock after buying an additional 27,365 shares during the period. Allianz Asset Management AG’s holdings in Cooper Companies, Inc. (The) were worth $20,442,000…
02.24 / 17:08
wkrb13.com
Citizens & Northern Corp reduced its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 3.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,241 shares of the semiconductor provider’s stock after selling 344 shares during the period. Citizens & Northern Corp’s holdings in NXP Semiconductors N.V. were worth $1,004,000 at the end of…
02.24 / 17:08
wkrb13.com
Bayesian Capital Management LP bought a new stake in shares of Freeport-McMoran, Inc. (NYSE:FCX) during the fourth quarter, Holdings Channel reports. The fund bought 28,000 shares of the natural resource company’s stock, valued at approximately $369,000. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Strid Group…
02.24 / 17:08
wkrb13.com
J.C. Penney has reported earnings, but more important than a slight net income is that the company is closing more stores and "retiring" more…
02.24 / 16:25
247wallst.com
Research firm TrendForce forecasts Samsung, Apple and Huawei as top three vendors of smartphones in 2017, with Huawei moving to just four points behind Apple in global market…
02.24 / 16:25
247wallst.com
Although Hewlett Packard Enterprise's fiscal first-quarter financial results reported late on Thursday were mixed, the reaction to the results was…
02.24 / 16:25
247wallst.com
The analysts at Merrill Lynch have raised their price targets on some stocks that have shown solid earnings growth and look poised to continue to deliver solid results for the rest of…
02.24 / 16:25
247wallst.com
The Board of Directors of Wabash National Corporation (WNC +2.3%) authorized the Company to repurchase up to an additional $100M of its common stock over the next two years. This authorization is an increase to the previously approved $100M stock repurchase program in February, 2016. Dick Giromini, Chief Executive Officer, said, "Board authorization increasing the share repurchase program further validates our continued commitment to deliver return of capital to our shareholders.  We ar…
02.24 / 16:24
seekingalpha.com
In its 10-K filed yesterday, Clovis Oncology (CLVS +1.8%) discloses (page 52) that the FDA is investigating its conduct regarding the TIGER-X study of lung cancer candidate rociletinib. The agency rejected the company's marketing application last year citing the need for more late-stage efficacy data. In December 2016, the company received a letter from a stockholder (the McKenry Demand Letter) demanding access to certain books and records with the purpose of investigating alleged…
02.24 / 16:24
seekingalpha.com
Utilities shares are on track for their best week since September, as investors speculate that Pres. Trump's planned infrastructure program may take much longer than expected. The upward momentum has come as the “outlook for U.S. fiscal stimulus has diminished,” says Dennis DeBusschere, head of portfolio strategy at Evercore ISI. “The S&P continues to rise, but the change in market leadership suggests investors’ growth expectations have weakened." The utilities sector was the S&P's…
02.24 / 16:24
seekingalpha.com
Examination of RRTTLLU Return Objective: What is the money being invested for? Is this a critical need or a desire? Return objective is simply the return need on a portfolio to achieve the stated objective. For example, an investor's objective might be for the portfolio to provide enough money to meet spending needs in retirement. If a person needs $50,000 a year for living expenses, receives $28,000 a year in Social security, and has a portfolio of $450,000, this would require a return…
02.24 / 16:24
seekingalpha.com
America's two main private prison companies have seen their stocks surge 100% since the election as President Trump vows to crack down on crime and illegal…
02.24 / 16:22
money.cnn.com
Shares of Mitel Networks Corp (NASDAQ:MITL) (TSE:MNW) have earned a consensus broker rating score of 1.40 (Strong Buy) from the five analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and four have assigned a strong buy recommendation to the company. Mitel Networks…
02.24 / 15:59
wkrb13.com
Zacks Investment Research downgraded shares of Boohoo.Com Plc (NASDAQ:BHOOY) from a buy rating to a hold rating in a research note published on Tuesday morning. According to Zacks, “boohoo.com plc designs, sources, markets and sells clothing, shoes and accessories through the www.boohoo.com Website. It operates primarily in the United Kingdom, Europe and internationally. The company’s…
02.24 / 15:59
wkrb13.com
Standard Motor Products, Inc. (NYSE:SMP) VP Thomas Tesoro sold 1,000 shares of Standard Motor Products stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $48.83, for a total transaction of $48,830.00. Following the transaction, the vice president now directly owns 32,976 shares in the company,…
02.24 / 15:59
wkrb13.com
Tiemann Investment Advisors LLC cut its stake in shares of Morgan Stanley (NYSE:MS) by 26.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,275 shares of the financial services provider’s stock after selling 1,900 shares during the period. Tiemann Investment Advisors LLC’s holdings in Morgan Stanley were worth $223,000 at the end…
02.24 / 15:59
wkrb13.com
YRC Worldwide, Inc. (NASDAQ:YRCW) Director William Robert Davidson sold 3,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $13.11, for a total value of $49,818.00. Following the completion of the sale, the director now owns 22,357 shares in the company,…
02.24 / 15:59
wkrb13.com
The Book by Cadillac equivalent of a high-end lease program looked like a major winner. It was a special approach never introduced by its German or Japanese competition. Yet, Book by Cadillac…
02.24 / 15:18
247wallst.com