September Coffee is trading at 154.55, up 2.40 cents/lb. December Coffee is trading at 157.50, up 2.40 cents/lb.
Coffee futures are trading at the session highs.
Market chatter about better demand ideas and talk about a truckers strike in Colombia has kept buyers active.
The ICE exchange coffee stocks increase by 1,075 bags on Thursday to 1.297 million bags and are near the lowest level since 2011.
Some chatter about a little producer selling near 157.50 for September is showing up.
Trading is expected to be choppy.
In other New York Soft commodities;
September Cocoa is trading at 3165, up 8 $/MT.
October Sugar is trading at 19.67, down 0.24 cents/lb.
December Cotton is trading 74.88, up 1.01 cents/lb.
September Orange Juice is trading at 183.55, down 0.65 cents/lb.
Posted-In: coffee futuresFutures Commodities Markets
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Best Safest Stocks To Watch Right Now: Madison Square Garden Inc.(MSG)
The Madison Square Garden Company, together with its subsidiaries, operates in the sports, entertainment, and media businesses primarily in the United States. The company operates in three segments: MSG Media, MSG Entertainment, and MSG Sports. The MSG Media segment produces and develops content for various distribution platforms, including content originating from the company?s venues. It consists of the MSG Networks and the Fuse Networks, which offer sports and musical content. This segment also manages interactive businesses that comprise a range of targeted websites; and wireless, video on demand, and digital platforms. The MSG Entertainment segment creates, produces, and/or presents various live productions, as well as presents or hosts other live entertainment events, such as concerts, family shows, special events, and theatrical productions. The MSG Sports segment owns and operates sports franchises. This segment also owns other sports properties, including the pre sentation of a range of live sporting events, such as professional boxing, college basketball, track and field, and tennis. The company owns the Madison Square Garden complex in New York City, which includes an arena and a theater; and The Chicago Theatre in Chicago. It leases Radio City Music Hall and the Beacon Theatre in New York City. The company is based in New York, New York. As of February 09, 2010, Madison Square Garden, Inc. operates independently of Cablevision Systems Corporation.
- [By Monica Gerson]
Madison Square Garden Co (NYSE: MSG) is estimated to report a quarterly loss at $0.34 per share on revenue of $325.53 million.
Gogo Inc (NASDAQ: GOGO) is projected to report a quarterly loss at $0.42 per share on revenue of $137.58 million.
Best Safest Stocks To Watch Right Now: Sun Life Financial Inc.(SLF)
Sun Life Financial Inc., a financial services organization, provides protection and wealth products and services to individuals and corporate customers worldwide. It operates through five segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate. The company offers life and health, long-term and short-term disability, medical stop-loss and dental, and accidental death insurance services; long-term care, medical coverage, and guaranteed income and death reinsurance services; and investment funds, as well as third-party mutual funds. It also provides life, dental, drug, extended health care, disability, and critical illness benefits programs; and voluntary benefits solutions directly to individual plan members, including post-employment life and health plans to plan members. In addition, the company offers group retirement products and servi ces, including investment-only segregated funds and fixed rate annuities, stock plans, group life annuities, and pensioner payroll services, as well as solutions for de-risking defined benefit pension plans. Further, it provides asset management services for retail and institutional investors through mutual and commingled funds, separately managed accounts, institutional products, and retirement strategies; and customized fixed income solutions, including liability-driven investment products, as well as alternative asset classes, such as private fixed income, real estate, and commercial mortgages. The company markets and distributes its products through independent insurance and mutual fund licensed brokers, broker-dealers, benefits consultants, and sales representatives. Sun Life Financial Inc. was founded in 1999 and is headquartered in Toronto, Canada.
- [By Monica Gerson]
Sun Life Financial Inc (NYSE: SLF) is expected to post its quarterly earnings at $0.91 per share on revenue of $4.56 billion.
ScanSource, Inc. (NASDAQ: SCSC) is projected to post its quarterly earnings at $0.65 per share on revenue of $871.06 million.
Top Value Stocks To Watch For 2017: Lincoln National Corporation(LNC)
Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The company sells a range of wealth protection, accumulation, and retirement income products and solutions. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, and employer-sponsored retirement plans and services, as well as group life, disability, and dental products. Lincoln National Corporation also provides various plan investment vehicles, including individual and group variable annuities, group fixed annuities, and mutual fund-based programs; single and survivorship versions of UL and VUL, including corporate-owned UL an d VUL, and bank-owned UL and VUL insurance products; and group non-medical insurance products, principally term life, universal life, disability, dental, vision, accident, and critical illness insurance to the employer market place through various forms of contributory and non-contributory plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1904 and is headquartered in Radnor, Pennsylvania.
- [By Jonas Elmerraji]
Lincoln National (LNC) is a financial stock that’s forming a channel of its own… But with a twist.
That’s because the $12 billion wealth management firm is moving sideways in a range-bound trade called a rectangle. The setup gets its name because price action is essentially “boxed-in” by resistance above shares at $45, and support to the downside at $42. Instead of buying within the channel, rectangles are breakout trades you want to trade this name when it breaks outside of the box.
That means that a move through the $45 level is a buy signal, and a move through support at $42 is an indicator that it’s time to sell (or short) LNC. Right now, there’s some extra bias to the upside typically, rectangles are continuation patterns, and since Lincoln’s preceding price action was up, it’s likely next move is up as well. Still, it doesn’t become a high probability trade until the breakout happens, so wait to get your direction from the market.
- [By Ben Levisohn]
The twenty stocks in Worth’s basket are: Ameriprise Financial (AMP) Bank of America, Banner (BANR), Citigroup, Citizens Financial Group (CFG), East West Bancorp (EWBC), First NBC Bank Holding (FNBC), HFF (HF), KeyCorp(KEY), Legacy Texas Financial Group (LTXB), Lincoln National (LNC), Morgan Stanley, Old National Bancorp (ONB), PacWest Bancorp (PACW), PNC Financial Services Group (PNC), Principal Financial Group (PFG), Stifel Financial (SF), SVB Financial Group (SIVB), TCF Financial (TCB), and Wells Fargo.
Best Safest Stocks To Watch Right Now: Western Union Company (The)(WU)
The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago F谩ci l, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.
- [By Shauna O’Brien]
Sterne Agee announced on Monday that it has upgraded payment services company The Western Union Company (WU).
The firm has raised its rating on WU from “Neutral” to “Buy,” and has given the company a $22 price target. This price target suggests a 16% upside from the stock’s current price of $18.41.
Analysts see momentum building as the company transitions.
Western Union shares were up 46 cents, or 2.50%, during pre-market trading Monday. The stock is up 35% YTD.