Shares of transportation-focused natural gas seller Clean Energy Fuels Corp (NASDAQ:CLNE) finished trading up 9.8% on June 22, 2018, closing out a great week that saw the company’s stock price gain 19.2%. Today’s big jump was most likely a product of the big news out of OPEC, which pushed oil prices sharply higher. Brent, an important global benchmark for crude oil futures, rose almost 3.6% today, while West Texas Intermediate, the major U.S. market price benchmark, increased over 5.7%. This marked the highest market price for crude oil futures in almost a month, when word of OPEC’s initial plan first came out and oil prices started falling.
The irony about today’s price surge is that the catalyst was OPEC’s announcement to increase oil production. The reasoning is simple: The final agreement, which calls for a ramp up to an additional 1 million barrels of oil per day over the next month — though it’s expected to take some time for producers to ramp up that much — was well-received because many were fearing OPEC would raise its target even higher, potentially leaving the market awash in a crude oversupply.
Top 5 Clean Energy Stocks To Own For 2019: EverBank Financial Corp.(EVER)
- [By Paul Ausick]
Everquote Inc. (NASDAQ: EVER) raised $84 million selling 4.7 million shares at $18, above the expected range of $15 to $17. Shares closed flat on the first day of trading and closed the week up 1%.
Top 5 Clean Energy Stocks To Own For 2019: UniSource Energy Corporation(UNS)
- [By Max Byerly]
Uni Select (TSE:UNS)‘s stock had its “hold” rating restated by equities research analysts at TD Securities in a report issued on Friday. They currently have a C$24.00 price objective on the stock. TD Securities’ price target points to a potential upside of 8.21% from the stock’s current price.
- [By Ethan Ryder]
Uni Select (TSE:UNS) had its price target lifted by investment analysts at Macquarie from C$24.00 to C$25.00 in a report released on Wednesday. Macquarie’s price objective suggests a potential upside of 18.32% from the stock’s current price.
Top 5 Clean Energy Stocks To Own For 2019: Abeona Therapeutics Inc.(ABEO)
- [By Joseph Griffin]
Abeona Therapeutics (NASDAQ:ABEO) issued its quarterly earnings results on Monday. The biopharmaceutical company reported ($0.18) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.01, Bloomberg Earnings reports. Abeona Therapeutics had a negative return on equity of 23.57% and a negative net margin of 939.83%. The business had revenue of $2.60 million for the quarter, compared to analyst estimates of $0.27 million.
- [By Joseph Griffin]
Abeona Therapeutics Inc (NASDAQ:ABEO) – Research analysts at SunTrust Banks lowered their Q3 2018 EPS estimates for shares of Abeona Therapeutics in a report released on Monday, August 13th. SunTrust Banks analyst E. Nash now anticipates that the biopharmaceutical company will post earnings of ($0.23) per share for the quarter, down from their previous forecast of ($0.18). SunTrust Banks currently has a “Positive” rating and a $23.00 target price on the stock. SunTrust Banks also issued estimates for Abeona Therapeutics’ Q4 2018 earnings at ($0.24) EPS, FY2018 earnings at ($0.89) EPS, FY2019 earnings at ($0.89) EPS, FY2020 earnings at ($0.91) EPS, FY2021 earnings at ($0.80) EPS and FY2022 earnings at ($0.76) EPS.
- [By Logan Wallace]
Abeona Therapeutics (NASDAQ:ABEO) was given a $36.00 price target by analysts at Cantor Fitzgerald. The firm currently has a buy rating on the stock.
- [By Logan Wallace]
Abeona Therapeutics (NASDAQ:ABEO) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Thursday.
Top 5 Clean Energy Stocks To Own For 2019: Acacia Communications, Inc. (ACIA)
- [By Leo Sun]
The ZTE ban is an odd move that hurts American companies while helping Chinese ones. The ban already crushed the stock price of U.S. fiber optic companies like Acacia Communications (NASDAQ: ACIA), which generated 30% of its sales from ZTE’s orders last year.
- [By Lisa Levin] Gainers
Pacific Biosciences of California, Inc. (NASDAQ: PACB) rose 11.4 percent to $2.93 in pre-market trading.
Check-Cap Ltd. (NASDAQ: CHEK) shares rose 6.3 percent to $4.76 in pre-market trading as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut.
Acacia Communications, Inc. (NASDAQ: ACIA) rose 6 percent to $ 35.20 in pre-market trading.
Cellect Biotechnology Ltd. (NASDAQ: APOP) rose 6 percent to $7.60 in pre-market trading.
Hexindai Inc. (NASDAQ: HX) rose 5.7 percent to $12.70 in pre-market trading.
MoSys, Inc. (NASDAQ: MOSY) shares rose 5.3 percent to $2.07 in pre-market trading.
Micron Technology, Inc. (NASDAQ: MU) rose 5 percent to $58.20 in pre-market trading after reporting a $10 billion buyback plan.
Golden Ocean Group Limited (NASDAQ: GOGL) rose 4.1 percent to $8.63 in pre-market trading.
MorphoSys AG (NASDAQ: MOR) rose 3.5 percent to $26.99 in pre-market trading.
Cyren Ltd (NASDAQ: CYRN) shares rose 3.4 percent to $2.90 in pre-market trading. after reporting Q1 results.
Box, Inc. (NYSE: BOX) rose 3.4 percent to $28.76 in pre-market trading.
Kohl's Corporation (NYSE: KSS) shares rose 3.3 percent to $67.60 in the pre-market trading session after the company reported upbeat quarterly earnings.
Micro Focus International plc (NYSE: MFGP) shares rose 3.1 percent to $18.40 in pre-market trading.
- [By Lisa Levin] Gainers
Avenue Therapeutics, Inc. (NASDAQ: ATXI) rose 29.4 percent to $5.50 in pre-market trading after the company disclosed that its first pivotal Phase 3 trial of IV tramadol achieved the primary and key secondary endpoints.
MB Financial, Inc. (NASDAQ: MBFI) rose 16.8 percent to $51.00 in pre-market trading. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock.
LiveXLive Media, Inc. (NASDAQ: LIVX) rose 9.3 percent to $5.40 in pre-market trading after falling 28.92 percent on Friday.
Celyad SA (NASDAQ: CYAD) shares rose 9 percent to $29.30 in pre-market trading after climbing 3.26 percent on Friday.
Ethan Allen Interiors Inc. (NYSE: ETH) rose 6.7 percent to $26.40 in pre-market trading after gaining 1.64 percent on Friday.
Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) rose 5.4 percent to $3.90 in pre-market trading after gaining 3.06 percent on Friday.
Acacia Communications, Inc. (NASDAQ: ACIA) rose 5.2 percent to $34.70 in pre-market trading after gaining 1.38 percent on Friday.
Westinghouse Air Brake Technologies Corporation (NYSE: WAB) rose 5.1 percent to $100 in pre-market trading. General Electric Company (NYSE: GE) agreed to merge its transportation unit with Wabtec.
Sunrun Inc. (NASDAQ: RUN) shares rose 4.7 percent to $11.50 in pre-market trading.
Nasdaq, Inc. (NASDAQ: NDAQ) shares rose 4.3 percent to $93.98 in the pre-market trading session.
LaSalle Hotel Properties (NYSE: LHO) shares rose 4.2 percent to $33.25 in pre-market trading. Blackstone Group LP (NYSE: BX) will buy LaSalle Hotel Properties in a $4.8 billion deal, Bloomberg reported.
Monro, Inc. (NASDAQ: MNRO) shares rose 4 percent to $58.35 in pre-market trading as the company posted upbeat quarterly earnings and disclosed that it has acquired Free Service Tire.
HUYA Inc. (NYSE: HUYA) rose 3.7 percent to $19.75 in pre-market trading after falling 4.80 percent on Friday.
Find out what's going
- [By Benzinga News Desk]
President Donald Trump hinted he may intervene in the Justice Department’s Russia investigation, as a Senate panel advanced a measure to protect Special Counsel Robert Mueller: Link
USA GDP (QoQ) for Q1 2.30% vs 2.00% Est; Prior 2.90%
The University of Michigan's consumer confidence index for April is schedule for release at 10:00 a.m. ET.
The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.
Data on farm prices for the recent week will be released at 3:00 p.m. ET.
Stifel upgraded Facebook (NASDAQ: FB) from Hold to Buy
Morgan Stanley upgraded Acacia Communications (NASDAQ: ACIA) from Underweight to Equal-Weight
Jefferies downgraded Sunoco (NYSE: SUN) from Hold to Underperform
KBW downgraded Oaktree Capital (NYSE: OAK) from Outperform to Market Perform
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
- [By Max Byerly]
Acacia Communications, Inc. (NASDAQ:ACIA) has received a consensus rating of “Hold” from the seventeen analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $40.54.
Top 5 Clean Energy Stocks To Own For 2019: Capital Trust, Inc.(BXMT)
- [By WWW.GURUFOCUS.COM]
For the details of Delphi Financial Group Inc’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Delphi+Financial+Group+Inc
These are the top 5 holdings of Delphi Financial Group IncTwo Harbors Investment Corp (TWO) – 3,751,809 shares, 23.18% of the total portfolio. Energy Transfer Equity LP (ETE) – 2,979,000 shares, 20.1% of the total portfolio. Shares added by 91.45%Energy Transfer Partners LP (ETP) – 2,690,074 shares, 20.02% of the total portfolio. TPG Specialty Lending Inc (TSLX) – 1,482,024 shares, 10.4% of the total portfolio. Shares added by 4.83%Blackstone Mortgage Trust Inc (BXMT) – 773,226 shares, 9.5% of the total portfolio. Shares added b