Tuesday was quiet on Wall Street, and major stock indexes edged lower without straying too far from where they started the session. Market participants seemed content to wait for more definitive news on key issues, including global trade, economic growth, and the U.S. debt ceiling. However, analysts spoke up about some promising stocks, sending their share prices higher. Aurora Cannabis (NYSE:ACB),....More>>>
Reynders McVeigh Capital Management LLC lessened its holdings in shares of Hologic, Inc. (NASDAQ:HOLX) by 89.7% during the 2nd quarter, Holdings Channel reports. The firm owned 10,356 shares of the medical equipment provider’s stock after selling 90,140 shares during the period. Reynders McVeigh Capital Management LLC’s holdings in Hologic were worth $412,000 at the end of the most....More>>>
Swiss National Bank lowered its stake in Packaging Co. of America (NYSE:PKG) by 13.1% in the first quarter, Holdings Channel reports. The institutional investor owned 301,500 shares of the industrial products company’s stock after selling 45,500 shares during the period. Swiss National Bank’s holdings in Packaging Co. of America were worth $33,979,000 as of its most recent filing with....More>>>
Centurylink Inc (NYSE:CTL) shares gapped down before the market opened on Wednesday . The stock had previously closed at $20.37, but opened at $21.07. Centurylink shares last traded at $20.80, with a volume of 589637 shares traded.
A number of research analysts have recently commented on CTL shares. Jefferies Financial Group upgraded Centurylink from a “hold” rating to a “buy”....More>>>
First Capital Realty (TSE:FCR) had its price target boosted by research analysts at Raymond James from C$22.00 to C$23.00 in a research report issued on Friday. Raymond James’ price target would indicate a potential upside of 5.41% from the company’s current price.
Several other equities analysts also recently weighed in on FCR. BMO Capital Markets restated an “outperform”....More>>>
Broadcom Inc. (NASDAQ: AVGO) is set to release its fiscal third-quarter financial results after the markets close on Thursday. Consensus estimates from Thomson Reuters call for $4.82 in earnings per share (EPS) and $5.07 billion in revenue. In the same period of last year, the company said it had EPS of $4.10 on $4.47 billion in revenue.
Earlier this summer, Broadcom was hoping to acquire....More>>>
Pembina Pipeline Corp. (NYSE:PBA) isn’t a name that most investors are probably familiar with since it’s a Canadian company. Not only that, but it’s much smaller than its more well-known national rivals Enbridge (NYSE:ENB) and TransCanada (NYSE:TRP), which have made their share of headlines in the U.S. due to some controversial pipeline projects.
Because Pembina Pipeline....More>>>
By Ben Reynolds
Bank of Nova Scotia (NYSE:BNS) is the third-largest Canadian bank ranked by market cap.
Bank of Nova Scotia’s market cap is $64 billion The Toronto-Dominion Bank’s market cap is $83 billion Royal Bank of Canada’s market cap is $94 billion
Bank of Nova Scotia’s financial metrics should immediately stand out for value-focused dividend....More>>>
The thing is, boys can’t fly. No matter how much they believe.
Bank of Japan Governor Haruhiko Kuroda may not say that on Wednesday, when he speaks at an annual BOJ conference in Tokyo. But he’s been forced to acknowledge it, at least implicitly, since famously invoking Peter Pan in a speech at the same event three years ago.
“I trust that many of you are familiar....More>>>
Shares of BAE Systems (LON:BA) have been assigned an average recommendation of “Hold” from the eleven analysts that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average....More>>>
Shares of Manchester United PLC (NYSE:MANU) have earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $23.67.....More>>>
Evonik Industries (FRA:EVK) has been assigned a €34.00 ($40.00) price target by equities research analysts at Nord/LB in a note issued to investors on Thursday. The firm presently has a “neutral” rating on the stock. Nord/LB’s price target suggests a potential upside of 8.31% from the stock’s current price.
A number of other equities analysts have also weighed....More>>>
Earlier this month, Canopy Growth (NYSE:CGC), a leading Canadian cannabis company, reported its third-quarter results for fiscal 2019.
Net revenue soared 282% year over year to 83 million Canadian dollars, driven by the Oct. 17 opening of Canada’s recreational marijuana market. Canopy posted an operating loss of CA$157.2 million and a loss per share of CA$0.38, driven by its heavy....More>>>
ValuEngine upgraded shares of Cooper Standard (NYSE:CPS) from a hold rating to a buy rating in a research note issued to investors on Wednesday.
Other equities analysts have also issued research reports about the company. Zacks Investment Research raised Cooper Standard from a hold rating to a buy rating and set a $144.00 target price on the stock in a research note on Wednesday, April 25th.....More>>>
Canadian Utilities Limited (TSE:CU)’s share price hit a new 52-week low during trading on Tuesday after Industrial Alliance Securities lowered their price target on the stock from C$36.00 to C$32.00. The company traded as low as C$29.95 and last traded at C$29.96, with a volume of 167433 shares traded. The stock had previously closed at C$30.50.
A number of other research firms also....More>>>