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China needs to change way it finances economy, think tank says

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China needs to change way it finances economy, think tank says. China's economic development over the past 40 years has taken place through a financial system that has high government intervention and is "absolutely dominated by banks", the China Finance 40 Forum said in an annual report. China's reliance on technological innovation for future economic growth has made changing the structure of the financial system an urgent matter, said Huang Yiping, the report's leading author and a professor of economics at the National School of Development of Peking University. Banks should be encouraged to link small and medium enterprises (SMEs) with the country's capital markets, said Yang Kaisheng, a consultant for the think tank and former president of China's largest lender Industrial and Commercial Bank of China.

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Parsons (NYSE:PSN) Given New $40.00 Price Target at SunTrust Banks – TechNewsObserver

STI

Parsons (NYSE:PSN) had its target price upped by equities research analysts at SunTrust Banks from $37.00 to $40.00 in a research note issued on Wednesday, August 28th, The Fly reports. SunTrust Banks’ price objective suggests a potential upside of 14.51% from the stock’s current price. SunTrust Banks also issued estimates for Parsons’ Q3 2019 earnings at $0.21 EPS, Q4 2019 earnings at $0.25 EPS, Q1 2020 earnings at $0.08 EPS, Q2 2020 earnings at $0.24 EPS, FY2020 earnings at $1.22 EPS and FY2021 earnings at $1.49 EPS. The company’s stock had a trading volume of 2,234,963 shares, compared to its average volume of 273,928.

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Banco Santander S.A. Sells 19,129 Shares of Host Hotels and Resorts Inc (NYSE:HST) – TechNewsObserver

HST SAN

9,730,705 shares of the company’s stock were exchanged, compared to its average volume of 7,168,757. Host Hotels and Resorts Inc has a fifty-two week low of $15.51 and a fifty-two week high of $21.42. Finally, JPMorgan Chase & Co. lowered their price objective on Host Hotels and Resorts from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Friday, September 6th. Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.

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Cubist Systematic Strategies LLC Acquires 44,628 Shares of Workday Inc (NASDAQ:WDAY) – Tech Know Bits

WDAY

Cubist Systematic Strategies LLC lifted its holdings in shares of Workday Inc (NASDAQ:WDAY) by 684.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. In related news, Director David A. Duffield sold 233,914 shares of Workday stock in a transaction dated Monday, July 8th. Over the last three months, insiders have sold 1,038,975 shares of company stock valued at $191,615,842. Finally, Credit Suisse Group increased their price target on shares of Workday from $185.00 to $215.00 and gave the company a “neutral” rating in a research report on Wednesday, May 29th.

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Quanta Services Inc (NYSE:PWR) Shares Sold by Bank of New York Mellon Corp – Mayfield Recorder

PWR

Bank of New York Mellon Corp reduced its holdings in shares of Quanta Services Inc (NYSE:PWR) by 15.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. Finally, Stifel Nicolaus raised their target price on shares of Quanta Services from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Quanta Services Inc has a one year low of $27.90 and a one year high of $41.00. The construction company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.45).

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mayfieldrecorder.com
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Corient Capital Partners LLC Boosts Holdings in Cincinnati Financial Co. (NASDAQ:CINF) – Slater Sentinel

CINF

Corient Capital Partners LLC raised its holdings in Cincinnati Financial Co. (NASDAQ:CINF) by 5.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. Other institutional investors and hedge funds have also bought and sold shares of the company. Finally, Royal Bank of Canada upped their price target on shares of Cincinnati Financial to $105.00 and gave the company a “sector perform” rating in a report on Thursday, August 1st. Cincinnati Financial stock traded down $0.49 during mid-day trading on Friday, reaching $113.81.

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Whitbread PLC (LSE:WTB), AVEVA Group plc (LSE:AVV) MF Rank Score Update

AVV WTB

Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. There are many different factors that can affect the financial health of a company, and this makes it hard to concoct a formula that works well across the board. This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day’s sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth.

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Catalyst Capital Advisors LLC Boosts Holdings in Mosaic Co (NYSE:MOS) – Riverton Roll

MOS

Finally, Assenagon Asset Management S.A. increased its position in shares of Mosaic by 4.8% during the first quarter. Assenagon Asset Management S.A. now owns 10,900 shares of the basic materials company’s stock worth $298,000 after buying an additional 500 shares during the period. The company had a trading volume of 5,962,702 shares, compared to its average volume of 5,285,625. The firm has a market cap of $8.32 billion, a PE ratio of 9.76, a price-to-earnings-growth ratio of 2.62 and a beta of 1.64. Citigroup upgraded shares of Mosaic from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $26.00 to $31.00 in a research report on Wednesday, July 31st.

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rivertonroll.com
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Compass Group PLC (LSE:CPG)’s Portfolio Target Weight Hits 0.04420 After 0.02271 Profit Growth – Gracemont Gazette

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Investors who are able to wipe the slate clean and take a fresh look at a certain stock may be able to make more informed decisions that will hopefully lead to increased profits in the long-term. Figuring out when to sell an underperforming stock may end up being just as important as figuring out which stocks to buy. As the stock market continues to trade near record levels, investors will be closely following trading action heading into the latter half of the year. Keeping the portfolio stable during periods of market uncertainty may help prepare for unforeseen events in the future. Although there are many market enthusiasts that think the bull run may be on its last legs, there are just as many who believe that the best is yet to come, and there is much more room for stocks to climb. When looking to find solid stocks with smooth upward momentum, investors can take a look at the 125/250 day adjusted slope indicator. In looking at some Debt ratios, Compass Group PLC (LSE:CPG) has a debt to equity ratio of 1.51596 and a Free Cash Flow to Debt ratio of 0.368889.

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What I make of the falling Royal Mail and SSE share prices

RMG SSE

Shares in postal operator Royal Mail (LSE: RMG) have come under further pressure recently after a negative note from JPMorgan Cazenove. The investment bank said that there is “potential for material near-term volatility and uncertainty” regardless of the outcome of the company’s dispute with the Communication Workers Union (CWU). Problems with its unionised workforce – a legacy of government ownership before it floated – are hardly new for Royal Mail. However, it’s an issue that’s never really been satisfactorily resolved, as recent events show, with the union serving notice for a strike ballot among 110,000 workers. The dividend was cut by 40% back in May this year. For 2019/20, it intends to pay a full-year dividend of 15p a share.

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Armor Investment Advisors LLC Purchases 382 Shares of Dominion Energy Inc (NYSE:D) – Mayfield Recorder

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Folger Nolan Fleming Douglas Capital Management Inc. now owns 53,841 shares of the utilities provider’s stock valued at $4,163,000 after acquiring an additional 915 shares in the last quarter. Wells Fargo & Co set a $83.00 target price on shares of Dominion Energy and gave the company a “hold” rating in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. Also, VP Jeffrey Michael Zeiler bought 15,112 shares of Dominion Energy stock in a transaction that occurred on Thursday, September 12th.

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mayfieldrecorder.com
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Showing all their Cards? Ashford Hospitality Trust Inc (AHT) Twiggs Reading in Focus

AHT AHT

By Steve Jameson September 21, 2019. Ashford Hospitality Trust Inc (AHT) shares under being placed under the lens today as the Twiggs Money Flow indicator, or TMF has climbed above the zero line, indicating bullish momentum. It is derived from Chaikin Money Flow Index but uses true ranges instead of highs minus lows to prevent spikes due to gaps. The exponential moving average is the one described by Welles Wilder for many of his indicators. When Twiggs Money Flow Index moves above 0, players are accumulating and thus prices are subject to climb higher. When Twiggs Money Flow Index is below 0, players are distributing and prices are more subject to move lower. Understanding portfolio diversification, personal risk tolerance, and time horizon may be a good place for the investor to start. Because there is no guarantee that past performance will indicate future results, investors may have to be willing to come at the market from a few different angles.

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American Eagle Outfitters (NYSE:AEO) Given a $22.00 Price Target by Jefferies Financial Group Analysts – TechNewsObserver

JEF AEO

American Eagle Outfitters (NYSE:AEO) has been given a $22.00 price objective by equities research analysts at Jefferies Financial Group in a note issued to investors on Wednesday, September 4th, TipRanks reports. The company has an average rating of “Hold” and an average target price of $21.25. American Eagle Outfitters has a fifty-two week low of $13.66 and a fifty-two week high of $25.40. Mason Street Advisors LLC now owns 89,130 shares of the apparel retailer’s stock worth $1,976,000 after buying an additional 871 shares during the period. Oregon Public Employees Retirement Fund grew its position in shares of American Eagle Outfitters by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 68,187 shares of the apparel retailer’s stock worth $1,152,000 after buying an additional 958 shares during the period.

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Insider Buying: Close Brothers Group plc (LON:CBG) Insider Buys 12 Shares of Stock – TechNewsObserver

CBG

The stock was purchased at an average cost of GBX 1,286 ($16.80) per share, with a total value of £154.32 ($201.65). 382,236 shares of the company’s stock traded hands, compared to its average volume of 422,969. Close Brothers Group plc has a 52-week low of GBX 1,209 ($15.80) and a 52-week high of GBX 1,682 ($21.98). Royal Bank of Canada reiterated a “sector performer” rating and issued a GBX 1,500 ($19.60) target price (up previously from GBX 1,450 ($18.95)) on shares of Close Brothers Group in a research report on Thursday, August 29th.

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ECB's Vasle sees likely need for further action

EURJPY EURZAR +5 more EURJPY EURZAR EURCAD EURGBP EURNZD EURUSD EURAUD

(Reuters) - Global economic conditions are very complicated, and the European Central Bank will likely have to take more action "in the coming months, quarters and years," ECB governing council member Bostjan Vasle said in an interview aired on Sunday. He told Radio Slovenia there were "big uncertainties, risks ahead of us" which included U.S. economic policy which he said was destroying the system of free international trade, a potentially hard Brexit and the economic slowdown in China. There were signs that economic slowdown (in the euro zone) would last longer than the bank had expected at the start of the year, but: "we are not talking about a fall of economic growth or a recession", said Vasle, who is also the governor of the Bank of Slovenia. He rejected the possibility of a "helicopter money" policy - under which the central bank would distribute funds directly to households - saying: "The actions of the central bank (ECB) ... have worked. They eased the conditions on the financial markets, increased demand and price growth. So for now we are keeping our present strategy."

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Cairn Energy PLC (LSE:CNE) Sees Its PCF Ratio Hit 4.254175

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Individual investors have the tendency to migrate towards certain stock strategies that have been successful in the past. While following previous strategies may be profitable, investors have to be ready for sudden market changes. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period. With this ratio, investors can better estimate how well a company will be able to pay their long and short term financial obligations. This ratio is found by taking the current share price and dividing by earnings per share. When examining current stock market levels, investors who have been staying on the sidelines may be wondering if now is a good time to get back into the ring.

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Investors Are Taking a Second Look at These Stocks: Inchcape plc (LSE:INCH), Britvic plc (LSE:BVIC) – Elgin Echo

BVIC INCH

Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 17. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period. The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction. Narrowing in a bit closer, the 5 month price index is 1.05916, the 3 month is 1.05761, and the 1 month is currently 1.11478. For any technician, the trend is a major aspect of stock trading.

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elginecho.com
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Diageo plc (NYSE:DEO) Shares Sold by Fiera Capital Corp – Tech Know Bits

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Fiera Capital Corp lowered its position in shares of Diageo plc (NYSE:DEO) by 2.3% during the second quarter, according to its most recent Form 13F filing with the SEC. Acima Private Wealth LLC now owns 265 shares of the company’s stock valued at $43,000 after purchasing an additional 60 shares in the last quarter. The stock has a market capitalization of $106.13 billion, a price-to-earnings ratio of 23.91, a PEG ratio of 2.83 and a beta of 0.47. Zacks Investment Research raised Diageo from a “sell” rating to a “hold” rating and set a $178.00 price target on the stock in a research note on Monday, May 27th.

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Looking Under the Hood of These Stocks UDG Healthcare plc (LSE:UDG), Select Medical Holdings Corporation (NYSE:SEM) – Elgin Echo

UDG

Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends. Shareholder YieldThe Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction. Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both.Investors may be interested in viewing the Gross Margin score on shares of Select Medical Holdings Corporation (NYSE:SEM).

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elginecho.com
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What is The Twiggs Money Flow Implying for Convatec Group Plc (CTEC.L)?

CTEC WMB

It is derived from Chaikin Money Flow Index but uses true ranges instead of highs minus lows to prevent spikes due to gaps. The exponential moving average is the one described by Welles Wilder for many of his indicators. When Twiggs Money Flow Index moves above 0, players are accumulating and thus prices are subject to climb higher. When Twiggs Money Flow Index is below 0, players are distributing and prices are more subject to move lower. Divergences of Twiggs Money Flow Index indicator with prices give also solid signals. As many investors probably already know, there is no one way to select winning stocks. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well.

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thestockmuse.com
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