• Discovery Communications, Inc. (NASDAQ:DISCK) Traded -11.4% Below Its 50 Day Average

    Discovery Communications, Inc. (NASDAQ:DISCK) Traded -11.4% Below Its 50 Day Average

    Economy

    Cg Asset Management Llc, which manages about $310.10 million and $268.06 million US Long portfolio, decreased its stake in Autodesk Inc (NASDAQ:ADSK) by 5,300 shares to 3,200 shares, valued at $237,000 in 2016Q4, according to the filing. Discovery Communications had a net margin of 16.88% and a return on equity of 22.74%. The business had revenue of $1.75 billion during the quarter. In contrast to the year ago quarter EPS was at 0.56.
  • (T) Price Target to C$50.00

    Economy

    BMO Capital Markets maintained Southern Co (NYSE:SO) rating on Wednesday, August 2. The firm earned "Sell" rating on Thursday, December 15 by Citigroup. During the same quarter in the previous year, the company earned $0.70 EPS. TU's profit will be $319.02 million for 16.78 P/E if the $0.54 EPS becomes a reality.
  • Oclaro, Inc. (OCLR) Receives Average Recommendation of "Buy" from Analysts

    Economy

    The fund owned 26,889 shares of the semiconductor company's stock after selling 502 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.60% of Oclaro as of its most recent SEC filing. Can now owns 191,440 shares of the semiconductor company's stock worth $1,786,000 after buying an additional 171,150 shares during the last quarter. The semiconductor company reported $0.19 EPS for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.03.
  • Put Trader Targets Steeper Slide for Applied Materials Stock

    Economy

    The rating was maintained by Morgan Stanley on Thursday, August 10 with "Equal-Weight". Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.14, from 1.02 in 2016Q3. More interesting news about Applied Materials , Inc. The firm has "Hold" rating by Loop Capital given on Tuesday, December 13. CLSA upgraded Applied Materials, Inc.
  • Tesla said to boost bond sale to $2.4 billion for Model 3

    Tesla said to boost bond sale to $2.4 billion for Model 3

    Economy

    The company now has a consensus rating of "Hold" and an average price target of $309.70. Other large investors also recently modified their holdings of the company. The company had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the prior year, the firm earned ($1.06) earnings per share.
  • Pan American Silver Corp. (PAAS) Rating Lowered to C+ at TheStreet

    Economy

    The consensus recommendation is the average rating on a stock by the analyst community. The firm is expected to issue its next quarterly earnings results after the market closes on Wednesday, August 9th. Van ECK Associates Corp now owns 11,133,183 shares of the basic materials company's stock worth $195,053,000 after buying an additional 2,052,474 shares during the period.
  • Chipmaker Infineon to supply parts to Tesla Model 3

    Chipmaker Infineon to supply parts to Tesla Model 3

    Economy

    Kelty led negotiations with Panasonic on that plant, according to his LinkedIn profile. The workers cited 2015 data from the Bureau of Labor Statistics and said Tesla's injury rate in 2015 was higher than that of "sawmills and slaughter houses".
  • Flight-to-Safety Buying Drives Gold to a Two-month High

    Flight-to-Safety Buying Drives Gold to a Two-month High

    Economy

    Reuters data show a 28-percent chance for a hike after the Fed's December meeting. Global markets have been on edge for the bulk of the week after Trump warned North Korea of severe retribution should the authoritarian state proceed with any more missile tests or threats.
  • Wall Street Stages Recovery, but North Korea Keeps Rally From Takeoff

    Wall Street Stages Recovery, but North Korea Keeps Rally From Takeoff

    Economy

    Overnight, Wall Street closed sharply lower after U.S. President Donald Trump issued a new round of fiery rhetoric, warning Pyongyang against attacking Guam or U.S. Hong Kong's Hang Seng Index plunged by 2%, while South Korea's Kospi Index slumped by 1.7%. The utilities index .SPLRCU , often seen as a bond proxy because of its companies' slow reliable growth and high dividends, was the only S&P sector that ended the day up, showing a 0.25 per cent gain.
  • Gorka denies dismissing Tillerson's role on North Korea

    Gorka denies dismissing Tillerson's role on North Korea

    Economy

    He added that he doesn't think North Korea poses an "imminent threat". "These statements are irresponsible and risky, and also senselessly provide a boon to domestic North Korean propaganda, which has long sought to portray the United States as a threat to their people", the letter read.