Deutsche Bank restated their buy rating on shares of Standard Life Aberdeen (LON:SLA) in a report released on Friday morning. The firm currently has a GBX 440 ($5.90) price target on the stock.
SLA has been the subject of a number of other reports. Numis Securities restated an add rating and set a GBX 505 ($6.78) price objective on shares of Standard Life Aberdeen in a research note on....More>>>
Michael A. Robinson
No matter your politics, the stakes of the November midterm election are high.
It’s going to decide control of Congress, the direction of the nation, perhaps even the fate of Donald Trump’s presidency.
That said, the No. 1 issue for voters isn’t any of that.
According to recent polls by NBC News/The Wall Street Journal....More>>>
Citigroup Inc. (NYSE: C) is scheduled to reveal its third-quarter results early on Friday. The consensus estimates from Thomson Reuters call for $1.65 in earnings per share (EPS) and $18.46 billion in revenue. In the same period from last year, the financial giant said it had EPS of $1.42 and $18.17 billion in revenue.
In a recent report from Oppenheimer, the firm raised its target to $95....More>>>
Like most leaders in the banking industry, Morgan Stanley Chair and CEO James Gorman was hesitant to give Bitcoin an endorsement.
In a conversation with CNBC this morning, Gorman said that cryptocurrencies do not “deserve the attention they are getting.”
He also argued that anything that increases in value by more than 700% in a year is “by definition speculative.”
CAMG Solamere Management LLC purchased a new stake in Kimco Realty Corp (NYSE:KIM) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 108,821 shares of the real estate investment trust’s stock, valued at approximately $1,562,000.
A number of other institutional investors also recently....More>>>
IN THE NEWS
Week after week in 2018, cryptocurrency investors have been hit by a stream of negative headlines about increasing regulation and cryptocurrency-related thefts, hacks and scams. But even in a market that's known for its volatility, the negative headlines don’t seem to be inducing as much extreme volatility as they have in the past: Link
Coming into 2018, many....More>>>
Trustmark (NASDAQ: TRMK) and Valley National Bank (NYSE:VLY) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, valuation, dividends, risk and earnings.
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HighTower says Resolute Investment Advisors is joining it in Colorado Springs, the seventh team to come on board its partnership this year.
The team manages roughly $500 million in client assets, and includes three advisors formerly with....More>>>
Bank of Hawaii acquired a new position in shares of Westlake Chemical Co. (NYSE:WLK) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,275 shares of the specialty chemicals company’s stock, valued at approximately $568,000.
Other hedge funds and other institutional investors....More>>>
Credit Suisse Group AG, the Swiss bank scaling down its trading unit, said it hasn’t suffered any trading losses related to exchanged-traded notes with which holders made bets on muted market swings.
“In response to certain media enquires, Credit Suisse confirms that it has experienced no trading losses from Velocity Shares Daily Inverse VIX Short Term ETNs due December 4, 2030,”....More>>>
Shares of non-banking financial companies (NBFCs) slipped upto 10 percent on Friday after Reserve Bank of India (RBI) kept the key rates unchanged.
The central bank in its Monetary Policy Committee (MPC) meeting has kept the repo rate unchanged at 6.50 percent but changed the stance from Neutral to Calibrated Tightening.
Some of the major losers in NBFC space are Bajaj Finserv....More>>>
Bob Doll Explains How Stocks Could Be Derailed
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Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day
The U.S. Department of Education has two quite different roles in the lives of indebted former students. The same bureaucracy that must safeguard taxpayer dollars by collecting $1.1 trillion in loans....More>>>
The Nifty struggled around 10,690-10,700 levels and despite an intraday breakout above 10,700, bulls failed to sustain above 10690 on a closing basis. But, the up move could well extend towards 10,777-10,800 and a stop loss below 10,628 can be kept for all the long positions, suggest experts.
India VIX moved up by 3.28 percent at 13.05 levels. On the options front, maximum Put OI is....More>>>
Zacks Investment Research upgraded shares of Southern First Bancshares (NASDAQ:SFST) from a hold rating to a buy rating in a report published on Friday morning. Zacks Investment Research currently has $52.00 target price on the bank’s stock.
According to Zacks, “Greenville First Bancshares, Inc. is the holding company for Greenville First Bank, N.A., a national banking association....More>>>
Investors can add all sorts of investments to an IRA, but many financial advisors will suggest sticking with conservative dividend stocks. The reason is simple — blue chip income generators generally bounce back from big market crashes, and the compounding effect of reinvested dividends can deliver massive returns over several decades.
At first glance, tobacco giant Altria (NYSE:MO)....More>>>