BMO Capital Markets analysts Kenneth Zaslow and Patrick Chen took a look at the valuations of Tyson Foods (TSN) and Pilgrim’s Pride (PPC) and decided they were afraid of heights. They explain why they cut Tyson Foods to Market Perform from Outperform…
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We are downgradingTyson shares to Market Perform. Our overarching view onTyson....More>>>
Intel’s freeD and Curie technologies are changing how we watch sports. Did he score or not? Was she in or out of bounds?
Despite multiple cameras covering major events, we still miss a lot of stuff when watching sports. We’re still not sure if the player was down before he fumbled. We missed the awesome pass, because the big guy was blocking our view of it.
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Ladenburg Thalmann’s Adolfo Rueda explains why he’s feeling bullish about shares of Lululemon Athletica (LULU):
We highlight the daily chart for LULU and rate the stock Outperform. We would add/buy at current levels as well as on slight weakness. We are using a technical target of $72.00 while using a stop of $58.75.
LULU reclaimed its slowly deteriorating moving average....More>>>
ISIS recruiting on teen social networks Twitter has significantly ramped up its anti-ISIS efforts by shutting down thousands of terrorists’ accounts and adding staff to monitor terrorist activity on its network.
The social media company said in a blog post Friday that it has suspended 125,000 accounts over the past seven months for threatening or promoting terrorist acts. Most....More>>>
The Federal Reserve is widely expected to leave interest rates unchanged today. But perhaps standing pat with the target Fed funds rate at a mildly positive 0.25%-0.50% range should be viewed as a minor victory in the global context of monetary policy these days. Holding rates steady at just slightly above zero may seem like the poster child for dovish policy in the grand scheme of central banking....More>>>
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Envestnet Asset Management Inc. trimmed its holdings in Huntington Ingalls Industries Inc (NYSE:HII) by 14.2% in the first quarter, Holdings Channel reports. The institutional investor owned 4,522 shares of the aerospace company’s stock after selling 751 shares during the quarter. Envestn
Takeda Pharmaceutical Co. (NASDAQOTH:TKPYY) announced late last month its interest in making an offer to acquire Shire (NASDAQ:SHPG), and according to Shire, Takeda has followed through with three separate bids. So far, Shire's board of directors has rejected the offers as inadequate, but that do