Friday, August 3, 2018

Top 10 Casino Stocks To Invest In 2019

tags:AROC,BKHU,WSM,RRD,BWX,NOC,STON,KPTI,TACT,RMAX,

Monarch Casino & Resort (NASDAQ: MCRI) and Hyatt Hotels (NYSE:H) are both consumer discretionary companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, risk, earnings, valuation and analyst recommendations.

Volatility and Risk

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Monarch Casino & Resort has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, Hyatt Hotels has a beta of 1.29, meaning that its stock price is 29% more volatile than the S&P 500.

Valuation and Earnings

This table compares Monarch Casino & Resort and Hyatt Hotels’ gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Monarch Casino & Resort $230.73 million 3.43 $25.53 million $1.47 30.30 Hyatt Hotels $4.69 billion 2.04 $249.00 million $1.78 45.92

Hyatt Hotels has higher revenue and earnings than Monarch Casino & Resort. Monarch Casino & Resort is trading at a lower price-to-earnings ratio than Hyatt Hotels, indicating that it is currently the more affordable of the two stocks.

Top 10 Casino Stocks To Invest In 2019: Archrock, Inc.(AROC)

Advisors' Opinion:
  • [By Logan Wallace]

    Engineers Gate Manager LP boosted its stake in Archrock Inc (NYSE:AROC) by 241.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 95,336 shares of the energy company’s stock after purchasing an additional 67,426 shares during the period. Engineers Gate Manager LP’s holdings in Archrock were worth $834,000 at the end of the most recent quarter.

  • [By Tyler Crowe]

    After years of struggling with the precipitous decline in oil prices and an onerous debt load, management at Archrock (NYSE:AROC) decided to bite the bullet and buy out its subsidiary master limited partnership Archrock Partners. According to management, the deal would free up some cash and lower its cost of capital. The combination of these two things would make it easier to grow the business and take advantage of the monumental growth of natural gas production in the U.S.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Archrock (AROC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    News stories about Archrock (NYSE:AROC) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Archrock earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the energy company an impact score of 47.3449329112104 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Top 10 Casino Stocks To Invest In 2019: Black Hills Corporation(BKHU)

Advisors' Opinion:
  • [By Stephan Byrd]

    Media headlines about BLACK HILLS Cor/EQUITY Ut (NYSE:BKHU) have trended positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BLACK HILLS Cor/EQUITY Ut earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.7211950698084 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Top 10 Casino Stocks To Invest In 2019: Williams-Sonoma Inc.(WSM)

Advisors' Opinion:
  • [By Daniel Miller]

    As major indices continue to trade near record highs it has become more difficult to hunt down valuable stocks at cheap prices. But if you can find those stocks, and if those stocks happen to boast a dividend yield of 3%, it gives investors an opportunity for solid returns at a time when many stocks are overpriced. Both Williams-Sonoma, Inc. (NYSE:WSM) and Ford Motor Company (NYSE:F) offer investors just that opportunity. Here's why.

  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects Best Buy Co., Inc. (NYSE: BBY) to report quarterly earnings at $0.74 per share on revenue of $8.73 billion before the opening bell. Best Buy shares rose 0.07 percent to $76.00 in after-hours trading. Analysts expect Ross Stores, Inc. (NASDAQ: ROST) to post quarterly earnings at $1.07 per share on revenue of $3.54 billion. Ross Stores shares gained 0.12 percent to $82.71 in after-hours trading. Williams-Sonoma, Inc. (NYSE: WSM) reported stronger-than-expected results for its first quarter. The company also raised its FY18 earnings and sales guidance. Williams-Sonoma shares climbed 14.88 percent to $56.50 in the after-hours trading session. Before the markets open, Medtronic plc (NYSE: MDT) is projected to report quarterly earnings at $1.39 per share on revenue of $8.00 billion. Medtronic shares rose 1.08 percent to $86.18 in after-hours trading. Analysts are expecting McKesson Corporation (NYSE: MCK) to have earned $3.56 per share on revenue of $51.25 billion in the latest quarter. McKesson will release earnings before the markets open. McKesson shares gained 0.27 percent to close at $146.83 on Wednesday. L Brands Inc (NYSE: LB) reported weaker-than-expected earnings for its first quarter. The company issued weak second quarter and FY18 earnings guidance. L Brands shares dropped 4.85 percent to $32.40 in the after-hours trading session.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Daniel Miller]

    Shares of Williams-Sonoma, Inc. (NYSE:WSM)�are surging today, up 11% as of 10:27 a.m. EDT, after the specialty retailer of high-quality home furnishing products announced strong fiscal first-quarter 2018 results.

  • [By Shane Hupp]

    American International Group Inc. lessened its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 1.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 168,700 shares of the specialty retailer’s stock after selling 3,260 shares during the quarter. American International Group Inc.’s holdings in Williams-Sonoma were worth $8,901,000 as of its most recent SEC filing.

Top 10 Casino Stocks To Invest In 2019: R.R. Donnelley & Sons Company(RRD)

Advisors' Opinion:
  • [By Joseph Griffin]

    RR Donnelley (NYSE:RRD) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

  • [By Max Byerly]

    Sei Investments Co. raised its stake in RR Donnelley & Sons Co (NYSE:RRD) by 51.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,150 shares of the business services provider’s stock after acquiring an additional 8,847 shares during the period. Sei Investments Co.’s holdings in RR Donnelley & Sons were worth $229,000 as of its most recent SEC filing.

  • [By Timothy Green]

    Shares of R.R. Donnelley & Sons (NYSE:RRD) slumped on Thursday after the business communications and marketing company reported lackluster second-quarter results. While revenue grew compared to the prior-year period, the bottom line tumbled and badly missed analyst expectations. RRD also slashed its quarterly dividend. The stock was down about 17.6% at 11:30 a.m. EDT.

  • [By Nicholas Rossolillo]

    While true in theory, many stocks with high yields are high-yielding for a reason: They are also high risk. What seemed like easy money could end up having the opposite of the desired effect. With that in mind, here are three stocks that look like yield traps to me: Pitney Bowes (NYSE:PBI), R.R. Donnelley & Sons (NYSE:RRD), and Teekay Tankers (NYSE:TNK).

Top 10 Casino Stocks To Invest In 2019: SPDR Blmbg Barclays Intl Trs Bd ETF (BWX)

Advisors' Opinion:
  • [By Ethan Ryder]

    Spdr Bloomberg Barclays International Treasury Bond Etf (BMV:BWX) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 98,671 shares, a decline of 86.0% from the April 13th total of 706,330 shares. Based on an average daily volume of 636,403 shares, the days-to-cover ratio is currently 0.2 days.

  • [By Shane Hupp]

    Natixis boosted its stake in shares of Spdr Bloomberg Barclays International Treasury Bond Etf (BMV:BWX) by 5.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 34,615 shares of the company’s stock after buying an additional 1,936 shares during the period. Natixis owned approximately 0.07% of Spdr Bloomberg Barclays International Treasury Bond Etf worth $1,020,000 as of its most recent filing with the SEC.

Top 10 Casino Stocks To Invest In 2019: Northrop Grumman Corporation(NOC)

Advisors' Opinion:
  • [By Ethan Ryder]

    New York State Teachers Retirement System reduced its holdings in shares of Northrop Grumman Co. (NYSE:NOC) by 1.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 270,539 shares of the aerospace company’s stock after selling 4,611 shares during the period. New York State Teachers Retirement System owned about 0.16% of Northrop Grumman worth $83,245,000 at the end of the most recent quarter.

  • [By Todd Shriber, ETF Professor]

    Code Pink takes issue with BlackRock's investments in aerospace and defense companies such as General Dynamics Corp.(NYSE: GD), Lockheed Martin Corp. (NYSE: LMT) and Northrop Grumman Corp. (NYSE: NOC).

  • [By Lou Whiteman]

    Lockheed Martin (NYSE:LMT) has selected Raytheon (NYSE:RTN) to replace Northrop Grumman (NYSE:NOC) as supplier of a key sensor system on its F-35 fighter aircraft, a move the lead contractor said will save the program more than $3 billion.

Top 10 Casino Stocks To Invest In 2019: StoneMor Partners L.P.(STON)

Advisors' Opinion:
  • [By WWW.GURUFOCUS.COM]

    For the details of AXAR CAPITAL MANAGEMENT L.P.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=AXAR+CAPITAL+MANAGEMENT+L.P.

    These are the top 5 holdings of AXAR CAPITAL MANAGEMENT L.P.Stonemor Partners LP (STON) - 6,650,613 shares, 68.21% of the total portfolio. Shares added by 8.91%Patterson-UTI Energy Inc (PTEN) - 730,000 shares, 21.11% of the total portfolio. Stage Stores Inc (SSI) - 1,750,000 shares, 6.3% of the total portfolio. Shares added by 75.00%Five Star Senior Living Inc (FVE) - 2,039,878 shares, 4.38% of the total portfolio. Added

Top 10 Casino Stocks To Invest In 2019: Karyopharm Therapeutics Inc.(KPTI)

Advisors' Opinion:
  • [By Chris Lange]

    Karyopharm Therapeutics Inc. (NASDAQ: KPTI) reported results from the Phase 2 portion of pivotal Phase 2/3 SEAL study of selinexor in dedifferentiated liposarcoma (DDLS). The previously reported results met PFS endpoint under RECIST criteria (5.5-month versus 2.7-month with placebo). No benefit was observed under World Health Organization (WHO) criteria, which in DDLS is considered to be a poorer determinant of tumor status since it can mistakenly classify stable disease as progressive disease. Wedbush expects the Phase 3 portion will succeed as well, but the firm notes the limited economic value in the indication given rarity and short duration of use.

  • [By Shane Hupp]

    Karyopharm Therapeutics Inc (NASDAQ:KPTI) – Wedbush issued their Q1 2019 earnings estimates for Karyopharm Therapeutics in a research note issued on Thursday, May 24th. Wedbush analyst D. Nierengarten expects that the company will earn ($0.75) per share for the quarter. Wedbush has a “Neutral” rating and a $19.00 price target on the stock. Wedbush also issued estimates for Karyopharm Therapeutics’ Q2 2019 earnings at ($0.75) EPS, Q3 2019 earnings at ($0.71) EPS and Q4 2019 earnings at ($0.67) EPS.

  • [By Stephan Byrd]

    Karyopharm Therapeutics (NASDAQ:KPTI) – Investment analysts at Jefferies Group lowered their Q2 2018 earnings estimates for Karyopharm Therapeutics in a research note issued on Tuesday, May 15th. Jefferies Group analyst M. Raycroft now forecasts that the company will post earnings per share of ($0.77) for the quarter, down from their prior estimate of ($0.62). Jefferies Group has a “Buy” rating on the stock. Jefferies Group also issued estimates for Karyopharm Therapeutics’ Q3 2018 earnings at ($0.71) EPS, Q4 2018 earnings at ($0.78) EPS, FY2018 earnings at ($3.03) EPS, FY2019 earnings at ($2.66) EPS, FY2020 earnings at ($1.05) EPS, FY2021 earnings at ($0.74) EPS and FY2022 earnings at $0.73 EPS.

Top 10 Casino Stocks To Invest In 2019: TransAct Technologies Incorporated(TACT)

Advisors' Opinion:
  • [By Ethan Ryder]

    Logitech (NASDAQ: LOGI) and TransAct Technologies (NASDAQ:TACT) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, earnings and profitability.

Top 10 Casino Stocks To Invest In 2019: RE/MAX Holdings, Inc.(RMAX)

Advisors' Opinion:
  • [By Shane Hupp]

    Re/Max Holdings Inc (NYSE:RMAX) – William Blair issued their Q1 2019 earnings estimates for shares of Re/Max in a note issued to investors on Friday, July 6th. William Blair analyst S. Sheldon anticipates that the financial services provider will post earnings per share of $0.53 for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Re/Max’s Q2 2019 earnings at $0.64 EPS, Q3 2019 earnings at $0.66 EPS, Q4 2019 earnings at $0.63 EPS and FY2019 earnings at $2.47 EPS.

Thursday, August 2, 2018

Investors Cheer Hasbro's Better-Than-Expected Results

Going into Hasbro's (NASDAQ:HAS) second-quarter financial release, investors were bracing themselves for the worst. The industry is still recovering from the passing of Toys R Us, the last remaining toy-centric big-box retailer.

While the results were still lower than the same time last year, they weren't as bad as many had feared, and Hasbro stock soared on the company's better-than-expected earnings report.

Monopoly Cheaters Edition, game board, cards, and pieces laid out ready to play.

Image source: Hasbro.

The raw numbers

Metric

Q2 2018

Q2 2017

Year-Over-Year Change

Revenue

$904.5 million

$972.5 million

(7.0%)

Operating income

$87.6 million

$100.0 million

(12.4%)

Net income

$60.3 million

$67.7 billion

(10.9%)

Diluted earnings per share

$0.48

$0.53

(9.4%)

Data source: Hasbro Second-Quarter Financial Release.

For the second quarter, Hasbro reported net revenue of $904.5 million, a decrease of 7% year over year, while earnings per share of $0.48 marked a 9% decline. While that may not seem like anything to write home about, the numbers crushed analysts' consensus estimates for revenue of $844.2 million and earnings per share of $0.29. It was also a vast improvement from the more significant drop that occurred�just last quarter.�

The decline was broad-based, hitting each of the company's major operating segments:

Revenue Source

Q2 2018

Q2 2017

Year-Over-Year Change

Franchise brands

$506.5 million

$552.4 million

(8.3%)

Partner brands

$208.0 million

$230.0 million

(9.6%)

Hasbro gaming

$134.3 million

$133.9 million

0.0%

Emerging brands

$55.6 million

$56.2 million

(1.1%)

Data source: Hasbro Second-Quarter Financial Release.

Revenue from Hasbro's franchise brands fell 8% year over year -- the company had strong sales in Magic: The Gathering, Monopoly, and Baby Alive, but unfortunately, those were more than offset by declines in other brands like Transformers, which saw tough comps due to a movie launch in the year-ago quarter.

Partner brands also took a hit, declining almost 10% compared to the prior-year quarter. Increased sales of Beyblade and Marvel toys weren't enough to compensate for declines in the rest of the category.

One bright spot was Hasbro's gaming category, where sales increased just slightly year over year.

Revenue Source

Q2 2018

Q2 2017

Year-Over-Year Change

U.S. and Canada

$459.3 million

$494.4 million

(7.1%)

International

$380.4 million

$426.6 million

(10.8%)

Entertainment and licensing

$64.7 million

$51.5 million

25.6%

Data source: Hasbro Second-Quarter Financial Release.

Hasbro said that efforts to work through inventory in Europe were ongoing, hampered not only by the bankruptcy of Toys R Us but also by that of a French retailer that went into receivership last quarter.

The company's entertainment and licensing segment was actually up 26%, but as such a small part of Hasbro's top line, it wasn't able to move the needle.�

Management signaled confidence in Hasbro's future, repurchasing over 820,000 shares of its stock during the quarter at an average price of $90.33 per share. Those purchases totaled just over $74 million. The company has been taking advantage of its sagging stock price, buying back 1.2 million shares so far this year.

"2018 is unfolding as expected as our teams manage the liquidation of Toys R Us in many markets and address the rapidly evolving European retail landscape," said Brian Goldner, Hasbro's chairman and chief executive officer. "We are investing in our business -- in innovation, entertainment and a modern global commercial organization, to drive profitable growth in 2019 and beyond."

Looking ahead

For the third quarter, analysts are expecting revenue of $1.71 billion, which would be a 4.5% decline year over year, and adjusted earnings per share of $2.34, a 12% increase.

On the conference call to discuss the earnings, Goldner said that it will likely take the rest of 2018 to work through the fallout caused by the demise of Toys R Us, but he doesn't see any ill effects lingering into 2019.

For now, however, investors appear to be relieved that Hasbro has been able to minimize the damage and are willing to give the company the benefit of the doubt that things will soon be back to normal.

Saturday, July 21, 2018

A morning walk down Dalal Street: Upmove in Nifty should emerge on a close above 11,080

Clearly, there was nervousness on D-Street. The S&P BSE Sensex which hit a record high on Wednesday failed to gain momentum while on the other hand, Nifty closed below 11000 mark for the second consecutive day in a row.

Overall global markets traded lower due a mixed earnings season and global trade concerns. Weakness in domestic currency and uncertainty around No-Trust vote also played its part.

The rupee on Thursday weakened past Rs 69/USD to close at another record low. The rupee ended at 69.05 a dollar, down 0.62�percent from its previous close of 68.62.

The last time the rupee hit an all-time closing low of 68.9413 was on 5 July. It touched an all-time intraday low of 69.0925 on June 28.

related news Podcast | Trump at Helsinki �� shock and awe(ful) Trade Setup for Friday: Top 15 things to know before Opening Bell Podcast | Benchmarks end flat post negative moves, Nifty below 11K; midcaps�fall

The large part of the nervousness was also on account of No-Trust vote on Friday. Although analysts are not too worried as they feel that government will be able to prove its majority without any hiccups.

The breadth of the market was heavily skewed towards declining stocks with two declining shares for one advancing stock.

It looks like the index is consolidating and getting ready for a big move on either side. On the downside, the bulls managed to defend the swing low of 10,925 thus strengthening the support area of 10925-10890.

Technical outlook continues to be positive with 11078-11100 as a key target area.

On the institutional side, foreign institutional investors sold Rs 315 crore worth of India shares while DIIs bought Rs 470 crore, according to provisional data.

The Big News:

The big news will come from the earnings front. As many as 27 companies will report their numbers for June quarter which include names like Bajaj Auto, Wipro, CEAT, Bata India, Havells India, Just Dial, and MCX.

Bajaj Auto: PAT likely to grow by 32�percent YoY to Rs 1257 crore

Wipro: PAT likely to fall by 1.7 percent YoY to Rs 2040 crore

CEAT: PAT likely to stand at Rs 84.3 crore

Havells India: PAT likely to grow by 73 percent YoY to Rs 210 crore

MCX: PAT likely to grow by 42 percent to Rs 211 crore

Technical Outlook:

Nifty formed a bearish candle on the daily charts

The current range bound trade indicated that the market eagerly awaits more corporate earnings data to get direction on either side by breaking the range of 10,925-11,080 levels, experts said.

A breach below 10,900 may drag the index down by around 150 points, contrary to this, upmove shall emerge on a close above 11,080.

Traders for time being are advised to remain neutral and initiate positions in the direction of the breakout once it occurs.

Three levels: 10900, 11080, 11171

Max Call OI: 11000, 11100

Max Put OI: 10800, 11000

Stocks with high delivery percentage: Eicher Motors, Dabur, Tata Chemicals

35 stocks saw long buildup: OBC, Reliance Power, Torrent Power, Just Dial

68 stocks saw a short build-up: Hindalco, HCC, Chola Fin, NHPC

Stocks in news:

IOC, BPCL, Adani top bidders for city gas licences

Bharat Gas Resources Ltd, a unit of Bharat Petroleum Corp Ltd (BPCL), bid for as many as 53 cities while state-owned gas utility GAIL India Ltd's retailing arm, GAIL Gas Ltd, put in offers for 34 cities.

Bajaj Finserv posted a 41.2 percent year-on-year (YoY) increase in its first-quarter consolidated net profit at Rs 825.77 crore. The profit was Rs 584.53 crore in the same period a year ago.

Novartis AG agreed to buy the rights to a skin-disease drug from developers Galapagos NV and MorphoSys AG in a deal that could reach $1 billion as Chief Executive Officer Vas Narasimhan centers the Swiss drugmaker on developing innovative prescription medicines, Livemint said.

Technical Recommendations:

We spoke to Epic Research and here��s what they have to recommend:

ITC: Buy | Target: Rs 280 | Stop loss: Rs 267

Titan Company: Buy | Target: Rs 900 | Stop loss: Rs 840

Apollo Tyres: Sell | Target: Rs 265 | Stop loss: Rs 290

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. First Published on Jul 20, 2018 06:53 am

Friday, July 20, 2018

Samuel Heath and Sons PLC (HSM) to Issue Dividend Increase – GBX 6.88 Per Share

Samuel Heath and Sons PLC (LON:HSM) declared a dividend on Thursday, July 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 19th will be paid a dividend of GBX 6.88 ($0.09) per share on Friday, August 17th. This represents a dividend yield of 1.42%. The ex-dividend date of this dividend is Thursday, July 19th. This is a positive change from Samuel Heath and Sons’s previous dividend of $5.50. The official announcement can be accessed at this link.

Shares of Samuel Heath and Sons opened at GBX 485 ($6.42) on Wednesday, Marketbeat Ratings reports. Samuel Heath and Sons has a twelve month low of GBX 295 ($3.90) and a twelve month high of GBX 560 ($7.41).

Get Samuel Heath and Sons alerts:

Samuel Heath and Sons (LON:HSM) last announced its earnings results on Thursday, July 12th. The company reported GBX 38.70 ($0.51) EPS for the quarter. Samuel Heath and Sons had a net margin of 7.54% and a return on equity of 24.76%.

Samuel Heath and Sons Company Profile

Samuel Heath & Sons PLC designs, manufactures, and markets a range of products in the builders' hardware and bathroom field in the United Kingdom and internationally. The company offers bathroom products, such as lavatory, bidet, and tub faucets, as well as faucet ancillaries; shower valves, shower heads and shower arms, hand showers, shower hoses, slider rails, and wall outlets and body jets; and bathroom accessories comprising toilet roll holders, soap dishes and liquid soap dispensers, towel rings, rails and shelves, tumblers, shelf units, robe hooks, toilet brush sets, towel stands, toothbrush holders, trolleys and stands, soap and sponge trays, shower seats, grab rails, light pulls, mirrors, shower baskets, cotton wool holders, and waste bins.

Featured Article: What is the Book Value of a Share?

Thursday, July 19, 2018

CNN, other outlets show solidarity with LA Times over judge's order to alter story

Dozens of news organizations spanning the media spectrum are expressing support and solidarity with the Los Angeles Times over a federal judge's order for the newspaper to alter a published story.

In a letter filed Monday in the Ninth Circuit Court of Appeals, the Reporters Committee for the Freedom of the Press called for a reversal of the district court's ruling over the weekend, describing it as "unconstitutional."

On Saturday, the Times published a story about a Glendale, California, police officer named John Saro Balian who pleaded guilty to charges that he lied to federal investigators regarding his link to an organized crime syndicate.

The story included details of the defendant's plea agreement, which was under seal but posted mistakenly in an online court database, where it was found by a Times reporter. After receiving the order from Judge John F. Walter, the Times complied and removed details of the plea agreement. The story now includes an update at the bottom telling readers that those references were scrubbed.

"It appears that the district court may have entered the temporary restraining order in an attempt to correct the mistaken public filing of the plea agreement, which was meant to be kept under seal," RCFP's letter said. "The district court's desire to correct this administrative error, however, cannot justify the imposition of a prior restraint, which has now created a constitutional harm."

Many First Amendment advocates said the decision to impose prior restraint, the act of preventing the publication of material, after the story was published is highly unusual and alarming.

In its letter, RCFP invoked the case surrounding the Pentagon Papers, noting that the Supreme Court "rejected a prior restraint" preventing their publication "in spite of the government's claims that an injunction preventing publication was necessary to protect military secrets."

RCFP also argued that Balian "cannot possibly meet his burden to overcome the First Amendment presumption against prior restraints."

"Because the defendant has pled guilty, his Sixth Amendment rights are not implicated," the letter said, referring to the section of the Bill of Rights that guarantees an accused person to a fair trial.

Fifty-nine news organizations, including CNN, the New York Times, the Associated Press, CBS, ABC and BuzzFeed, signed on to the RCFP's letter.

In addition, the Los Angeles Times filed an emergency motion for a stay in the Ninth Circuit on Sunday night. Times executive editor Norman Pearlstine defended the paper's decision to publish.

"We believe that once material is in the public record, it is proper and appropriate to publish it if it is newsworthy," Pearlstine said in a statement this week. This is Pearlstine's first public legal battle at the helm of the Los Angeles Times since he took over as editor last month.

But Craig Missakian, Balian's attorney, said that the First Amendment "does not grant the press an absolute license to put another man in harm's way."

"In restraining the Los Angeles Times from disclosing details of an under seal filing--details that will put defendant and his family at risk--the court's order struck the proper balance between freedom of the press and defendant's equally important due process rights," Missakian told CNN in an email on Monday. "The Times claims it had the legal right to disclose the confidential document but apparently gave no thought to whether it was the right thing to do."

Wednesday, July 11, 2018

Best Financial Stocks To Watch For 2019

tags:ADX,ZUMZ,EVM,

Little Rock, AR, based Investment company Ifrah Financial Services, Inc. buys eBay Inc, iShares U.S. Consumer Goods, iShares MSCI Austria Capped Investable Market Inde, iShares MSCI Japan Index Fund, Masimo Corp, iShares MSCI EAFE Growth, American Outdoor Brands Corp, Schweitzer-Mauduit International Inc, Synopsys Inc, Healthsouth Corp, sells Hewlett Packard Enterprise Co, Avnet Inc, Chevron Corp, SPDR Select Sector Fund - Energy Select Sector, iShares North American Tech-Multimedia Networking during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Ifrah Financial Services, Inc.. As of 2017-03-31, Ifrah Financial Services, Inc. owns 182 stocks with a total value of $241 million. These are the details of the buys and sells.

New Purchases: EBAY, IYK, EWO, EWJ, MASI, AOBC, SNPS, HLS, LRCX, BAH, Added Positions: EFG, SWM, VGK, T, VZ, IDU, HOMB, SCHB, SCHF, FISV, Reduced Positions: IJS, IJK, CSL, INTC, IYT, VPL, SHY, BA, VBR, VBK, Sold Out: HPE, AVT, CVX, IGN, XLE, MENT, EIG, ENH, TGT, OME,

For the details of Ifrah Financial Services, Inc.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Ifrah+Financial+Services%2C+Inc.

Best Financial Stocks To Watch For 2019: Adams Diversified Equity Fund, Inc.(ADX)

Advisors' Opinion:
  • [By Max Byerly]

    AdEx (CURRENCY:ADX) traded up 9.2% against the dollar during the twenty-four hour period ending at 18:00 PM Eastern on April 24th. In the last seven days, AdEx has traded up 47.7% against the dollar. One AdEx token can now be purchased for about $1.12 or 0.00011782 BTC on major cryptocurrency exchanges including IDEX, Huobi, EtherDelta (ForkDelta) and Liqui. AdEx has a total market cap of $81.99 million and approximately $13.84 million worth of AdEx was traded on exchanges in the last day.

  • [By Shane Hupp]

    AdEx (CURRENCY:ADX) traded 2.3% lower against the U.S. dollar during the 1-day period ending at 15:00 PM E.T. on May 12th. One AdEx token can now be purchased for $0.77 or 0.00009068 BTC on major cryptocurrency exchanges including IDEX, EtherDelta (ForkDelta), Binance and Gatecoin. During the last seven days, AdEx has traded 25.9% lower against the U.S. dollar. AdEx has a total market cap of $56.24 million and $2.87 million worth of AdEx was traded on exchanges in the last day.

Best Financial Stocks To Watch For 2019: Zumiez Inc.(ZUMZ)

Advisors' Opinion:
  • [By Garrett Baldwin]

    Goldman Sachs Group Inc. (NYSE: GS) chief economist Jan Hatzius has a message for the markets. Hatzius said in a research note on Monday that U.S. GDP has likely peaked. "The current pace is probably as good as it gets because we expect the impulse from financial conditions to gradually turn more negative," Hatzius said. The European Union slapped America with roughly $3.3 billion in tariffs on U.S. goods. The tariffs, which are in retaliation to the Trump administration's recent steel and aluminum tariffs on the EU, will go into effect in July. They specifically target products like cigarettes, whiskey, denim, and orange juice. Stocks to Watch Today: AVGO, AGN, GOOGL, TSLA Broadcom Ltd.�(Nasdaq: AVGO) leads a busy day of earnings reports. Wall Street anticipates the firm will report earnings per share of $4.77 on top of $5.00 billion in revenue. Uncertainty still remains on whether the company will be able to purchase industry rival Qualcomm Inc.�(Nasdaq: QCOM) in a deal that would be the largest technology merger in the history of the markets. Shares of Alphabet Inc. (Nasdaq: GOOGL) are under pressure due to more regulatory scrutiny by the European Union. Shares were off slightly this morning as investors digested a report from The Financial Times indicating the EU will hit the firm with a antitrust fine. Tesla Inc. (Nasdaq: TSLA) stock popped nearly 10% Wednesday, crushing short sellers of the stock. Investors betting against the stock lost a collective $1 billion on paper yesterday, according to S3 Partners. This week, founder Elon Musk won a battle to maintain his roles as both CEO and chair. He also provided a boost of optimism to TSLA stock over production expectations for the Model 3 vehicle. Allergan Inc. (NYSE: AGN) shares are up 2.4% thanks to its latest activist investor. Billionaire investor Carl Icahn purchased a small stake in the drug maker at a time when other activist investors are pushing for strategic changes by the company.
  • [By Shane Hupp]

    Zumiez (NASDAQ:ZUMZ) CEO Richard Miles Brooks sold 3,957 shares of Zumiez stock in a transaction dated Wednesday, June 6th. The shares were sold at an average price of $27.00, for a total transaction of $106,839.00. Following the completion of the sale, the chief executive officer now owns 3,709,067 shares in the company, valued at approximately $100,144,809. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

  • [By Motley Fool Staff]

    Zumiez (NASDAQ:ZUMZ) Q1 2018 Earnings Conference CallJun. 7, 2018 5:00 p.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

  • [By Max Byerly]

    Shares of Zumiez (NASDAQ:ZUMZ) reached a new 52-week high and low during trading on Tuesday . The company traded as low as $27.00 and last traded at $26.72, with a volume of 30728 shares traded. The stock had previously closed at $25.10.

Best Financial Stocks To Watch For 2019: Eaton Vance California Municipal Bond Fund(EVM)

Advisors' Opinion:
  • [By Ethan Ryder]

    Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM) declared a monthly dividend on Monday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 22nd will be paid a dividend of 0.0395 per share by the investment management company on Friday, June 29th. This represents a $0.47 annualized dividend and a yield of 4.58%. The ex-dividend date of this dividend is Thursday, June 21st.

Tuesday, July 10, 2018

Shares of RIL, GAIL & Gujarat Gas gain 2-4% as 9th round of City Gas Distribution Scheme gets un

Reliance Industries�(RIL), Aegis Logistics, GAIL and Gujarat Gas rallied 2-4 percent intraday on Tuesday as the bidding for the ninth round of City Gas Distribution Scheme closes later today.

Oil marketing companies (OMCs) has put their bids aggressively under 9th round of City Gas Distribution (CGD) Scheme and 10 new companies have also shown interest in city gas distribution, reports CNBC-TV18 quoting unnamed sources.

Sources further said bids by OMCs will be evaluated between July 12-18.

Petroleum and Natural Gas Regulatory Board (PNGRB) expects to award CGD contracts well before October schedule and expects atleast one bid in all 86 geographical areas. 60 geographical areas will have multiple bids, sources added.

related news D-Street Buzz: BSE Energy outshines with RIL up 2.8%; Ujjas Energy spikes 20%, leads smallcap rally PVR stock up 1% on JV with Al-Futtaim for business in West Asia & North Africa L&T Infotech gains 3%; board to consider Q1 results on July 23

Meanwhile, India Gas Solutions Pvt Ltd, the 50:50 JV of UK's BP plc and Reliance Industries, is making its maiden foray in city gas distribution as it put in bid for 15 cities, reports PTI quoting sources.

Indraprastha Gas (IGL), which retails CNG in the national capital region, is also putting in bids for 13 cities, they said. Essel Infraprojects has put in a total of seven bids.

Bidding for the biggest city gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 174 districts in 22 states and union territories, closes this evening.

As many as 86 geographical areas (GAs), made by clubbing adjacent districts, are on offer in the 9th city gas distribution (CGD) bidding round. The GAs cover 24 percent of the country's area and 29 percent of its population.

The round is likely to attract investments of Rs 70,000 crore, according to the Petroleum and Natural Gas Regulatory Board (PNGRB).

The government is targeting to raise the share of natural gas in primary energy basket to 15 percent from 6 percent at present, within a few years.

The bid round is also aimed at meeting Prime Minister Narendra Modi's target of giving piped cooking gas connection to 1 crore households, roughly triple the current size, by 2020.

The CGD licences on offer are for Bhopal in Madhya Pradesh; Ahmednagar in Maharashtra; Ludhiana and Jalandhar in Punjab; Barmer, Alwar and Kota in Rajasthan; Coimbatore and Salem in Tamil Nadu; Allahabad, Faizabad, Amethi and Rai Bareli in Uttar Pradesh; Dehradun in Uttarakhand and Burdwan in West Bengal.

At 14:42 hours IST, the stock price Aegis Logistics was trading up 3.62 percent at Rs 236.25, GAIL India up 3.82 percent at Rs 360.50, Gujarat Gas up 1.29 percent at Rs 753 and Reliance Industries rallied 2.65 percent at Rs 1,022 on the BSE.

However, oil marketing companies' share prices are under pressure as sources said piped natural gas (PNG) and compressed natural gas (CNG) distribution in cities may affect OMCs' LPG & retail fuel business.

At 14:42 hours IST, the stock price of Bharat Petroleum Corporation was down 0.29 percent at Rs 375.25, Hindustan Petroleum Corporation down 0.99 percent at Rs 269.60 and Indian Oil Corporation down 0.67 percent at Rs 156.35.

Mahanagar Gas was also trading down 1.62 percent at Rs 819.05 and Indraprastha Gas down 0.83 percent at Rs 263.45.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

(With inputs from PTI) First Published on Jul 10, 2018 03:18 pm

Thursday, July 5, 2018

New Relic Inc (NEWR) CEO Lewis Cirne Sold $9 million of Shares

CEO of New Relic Inc (NYSE:NEWR) Lewis Cirne sold 89,000 shares of NEWR on 07/03/2018 at an average price of $101.65 a share. The total sale was $9 million.

New Relic Inc is a software-as-a-service provider of software analytics products which allow users to monitor software performance with .NET, Java, JavaScript, Node.js, PHP, Python, and Ruby applications deployed in a cloud or in a data center. New Relic Inc has a market cap of $5.65 billion; its shares were traded at around $101.01 with and P/S ratio of 15.61.

CEO Recent Trades:

CEO, 10% Owner Lewis Cirne sold 89,000 shares of NEWR stock on 07/03/2018 at the average price of $101.65. The price of the stock has decreased by 0.63% since.CEO, 10% Owner Lewis Cirne sold 89,000 shares of NEWR stock on 06/04/2018 at the average price of $104.65. The price of the stock has decreased by 3.48% since.

CFO Recent Trades:

CFO Mark Sachleben sold 1,114 shares of NEWR stock on 06/20/2018 at the average price of $110. The price of the stock has decreased by 8.17% since.CFO Mark Sachleben sold 23,589 shares of NEWR stock on 06/18/2018 at the average price of $107.76. The price of the stock has decreased by 6.26% since.CFO Mark Sachleben sold 7,500 shares of NEWR stock on 06/07/2018 at the average price of $107.18. The price of the stock has decreased by 5.76% since.

Directors and Officers Recent Trades:

Chief Revenue Officer Erica Schultz sold 2,689 shares of NEWR stock on 06/18/2018 at the average price of $108.64. The price of the stock has decreased by 7.02% since.Chief Product Officer James R. Gochee sold 331 shares of NEWR stock on 06/18/2018 at the average price of $109.05. The price of the stock has decreased by 7.37% since.Chief Product Officer James R. Gochee sold 4,000 shares of NEWR stock on 06/13/2018 at the average price of $108.16. The price of the stock has decreased by 6.61% since.

For the complete insider trading history of NEWR, click here

.

Thursday, June 28, 2018

BBX Capital Corp Class A (BBX) Price Target Lowered to $14.50 at B. Riley

BBX Capital Corp Class A (NYSE:BBX) had its target price cut by equities research analysts at B. Riley from $15.00 to $14.50 in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the financial services provider’s stock. B. Riley’s price objective indicates a potential upside of 60.75% from the company’s current price.

A number of other research analysts have also issued reports on BBX. Zacks Investment Research upgraded shares of BBX Capital Corp Class A from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a report on Monday, March 12th. Sidoti initiated coverage on shares of BBX Capital Corp Class A in a report on Monday, April 30th. They issued a “buy” rating and a $18.00 price objective for the company.

Get BBX Capital Corp Class A alerts:

NYSE BBX traded up $0.02 during trading hours on Thursday, reaching $9.02. The company’s stock had a trading volume of 9,897 shares, compared to its average volume of 662,128. The firm has a market cap of $867.08 million, a PE ratio of 12.53 and a beta of 1.78. BBX Capital Corp Class A has a 52 week low of $5.87 and a 52 week high of $10.17. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.39.

BBX Capital Corp Class A (NYSE:BBX) last issued its quarterly earnings data on Monday, May 7th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $218.00 million during the quarter, compared to analyst estimates of $205.49 million. BBX Capital Corp Class A had a net margin of 8.75% and a return on equity of 6.32%. research analysts anticipate that BBX Capital Corp Class A will post 0.47 earnings per share for the current fiscal year.

In other BBX Capital Corp Class A news, Director Charlie C. Winningham II sold 13,673 shares of the stock in a transaction that occurred on Friday, June 1st. The shares were sold at an average price of $9.10, for a total transaction of $124,424.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 81.80% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in BBX. Millennium Management LLC increased its position in BBX Capital Corp Class A by 334.4% during the 1st quarter. Millennium Management LLC now owns 911,424 shares of the financial services provider’s stock valued at $8,394,000 after purchasing an additional 701,619 shares during the period. BlackRock Inc. increased its position in BBX Capital Corp Class A by 3,703.7% during the 4th quarter. BlackRock Inc. now owns 482,920 shares of the financial services provider’s stock valued at $3,848,000 after purchasing an additional 470,224 shares during the period. Athanor Capital LP acquired a new stake in BBX Capital Corp Class A during the 1st quarter valued at approximately $2,809,000. Dimensional Fund Advisors LP increased its position in BBX Capital Corp Class A by 28.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,310,331 shares of the financial services provider’s stock valued at $12,068,000 after purchasing an additional 293,467 shares during the period. Finally, Loomis Sayles & Co. L P increased its position in BBX Capital Corp Class A by 41.2% during the 1st quarter. Loomis Sayles & Co. L P now owns 798,702 shares of the financial services provider’s stock valued at $7,356,000 after purchasing an additional 233,087 shares during the period. 27.13% of the stock is owned by institutional investors and hedge funds.

BBX Capital Corp Class A Company Profile

BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also invests in mergers and acquisition, add-on acquisitions, divestiture, taking public companies private and private companies public, leveraged buyout, partnership, recapitalization, and restructuring.

Sunday, June 24, 2018

Hot Performing Stocks To Watch For 2019

tags:MOD,LPNT,SON,INXN,MSTR,

Vinay Rajani

In the month of June 2016, Jyothy Labs broke out from the long-term multi-month consolidation and registered an all-time high at Rs 471. Thereafter stock witnessed healthy correction of 16% from Rs 471 to Rs 396 in the next 2 weeks.

On 6th June 2018, the stock found support at Rs 396 and bounced sharply to surpass previous top of Rs 471 and registered a new all-time high placed at Rs 487 on 12th June 2018.

FMCG sector has been outperforming and Jyothi lab is also likely to extend the gains for investors. We recommend buying Jyothi Lab for the target of Rs 502 and keep a stop loss below Rs 445.

Disclaimer: The author is Technical Analyst, PCG Desk, HDFC Securities. The views and investment tips expressed by investment expert on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Hot Performing Stocks To Watch For 2019: Modine Manufacturing Company(MOD)

Advisors' Opinion:
  • [By Stephan Byrd]

    Modum (CURRENCY:MOD) traded 1% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on May 7th. One Modum token can currently be purchased for $3.01 or 0.00031911 BTC on cryptocurrency exchanges including Kucoin, IDEX, Binance and Mercatox. Over the last seven days, Modum has traded 9% higher against the U.S. dollar. Modum has a total market cap of $55.00 million and $789,835.00 worth of Modum was traded on exchanges in the last 24 hours.

  • [By Max Byerly]

    SORL Auto Parts (NASDAQ: SORL) and Modine Manufacturing (NYSE:MOD) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, institutional ownership, valuation, analyst recommendations and risk.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Modine Manufacturing (MOD)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Lisa Levin] Gainers Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares surged 115.8 percent to $4.3591. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity. Stellar Biotechnologies, Inc. (NASDAQ: SBOT) jumped 38.2 percent to $3.0251 after the company disclosed that it achieved robust viral clearance for its manufacturing process. Universal Corporation (NYSE: UVV) surged 26.7 percent to $61.40 after reporting fiscal Q4 results. Hudson Technologies Inc. (NASDAQ: HDSN) rose 18.9 percent to $2.58. Evolus, Inc. (NASDAQ: EOLS) shares gained 17.8 percent to $22.8009. The Cato Corporation (NYSE: CATO) shares gained 17.5 percent to $21.07 after the company posted better-than-expected first-quarter results. Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.9 percent to $3.3613. Destination Maternity Corporation (NASDAQ: DEST) shares gained 15.5 percent to $3.35 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan. AXT, Inc. (NASDAQ: AXTI) rose 15 percent to $7.65. nLIGHT, Inc. (NASDAQ: LASR) gained 14.5 percent to $34.27 following Q1 results. Achieve Life Sciences, Inc. (NASDAQ: ACHV) rose 14.3 percent to $11.4303. Bilibili Inc.. (NASDAQ: BILI) shares climbed 13.9 percent to $14.16 after announcing Q1 results. Babcock & Wilcox Enterprises, Inc. (NYSE: BW) gained 13.2 percent to $2.91 after an amended 13D filing from Steel Partners Holdings shows a raised stake in the company from 6.99 million shares to 29.98 million shares, or a 17.8 percent stake. HUYA Inc. (NYSE: HUYA) gained 13.1
  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Modine Manufacturing (MOD)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Performing Stocks To Watch For 2019: LifePoint Health, Inc.(LPNT)

Advisors' Opinion:
  • [By Lisa Levin] Companies Reporting Before The Bell Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion. Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion. American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion. Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion. LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion. V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion. Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion. Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million. Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion. Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion. Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million. ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million. Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million. Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million. Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion. Genesis Energy, L.P

Hot Performing Stocks To Watch For 2019: Sonoco Products Company(SON)

Advisors' Opinion:
  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Sonoco Products (SON)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Sonoco (NYSE: SON) and Packaging Co. of America (NYSE:PKG) are both industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, dividends, institutional ownership and valuation.

  • [By Logan Wallace]

    American International Group Inc. decreased its position in shares of Sonoco (NYSE:SON) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,994 shares of the industrial products company’s stock after selling 6,634 shares during the period. American International Group Inc. owned 0.20% of Sonoco worth $9,651,000 at the end of the most recent quarter.

Hot Performing Stocks To Watch For 2019: InterXion Holding N.V.(INXN)

Advisors' Opinion:
  • [By Stephan Byrd]

    Interxion (NYSE:INXN) had its price objective boosted by Citigroup from $68.00 to $75.00 in a research note issued to investors on Friday morning. Citigroup currently has a buy rating on the technology company’s stock.

  • [By Shane Hupp]

    Interxion (NYSE:INXN) was the target of unusually large options trading on Tuesday. Traders acquired 960 call options on the company. This is an increase of 1,584% compared to the typical daily volume of 57 call options.

  • [By Max Byerly]

    Jacobson & Schmitt Advisors LLC lessened its holdings in shares of Interxion (NYSE:INXN) by 1.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,697 shares of the technology company’s stock after selling 1,927 shares during the quarter. Interxion comprises approximately 4.4% of Jacobson & Schmitt Advisors LLC’s portfolio, making the stock its 5th biggest holding. Jacobson & Schmitt Advisors LLC owned 0.14% of Interxion worth $6,378,000 at the end of the most recent quarter.

Hot Performing Stocks To Watch For 2019: MicroStrategy Incorporated(MSTR)

Advisors' Opinion:
  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on MicroStrategy (MSTR)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Tuesday, June 19, 2018

Precipio (PRPO) Receiving Somewhat Favorable Press Coverage, Study Shows

News coverage about Precipio (NASDAQ:PRPO) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Precipio earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the biotechnology company an impact score of 47.5646752152396 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment’s analysis:

Get Precipio alerts: Precipio Updates Commercial Pipeline for its ICE-COLD PCR�� Liquid Biopsy Technology (finance.yahoo.com) Financial Contrast: Precipio (PRPO) & Bio-Rad Laboratories, Inc. Class A Common Stock (BIO) (americanbankingnews.com) Precipio Inc. Announces Adjournment of Annual Meeting of Shareholders (markets.financialcontent.com) Precipio Inc (PRPO) Short Interest Update (americanbankingnews.com) Contrasting Bruker (BRKR) and Precipio (PRPO) (americanbankingnews.com)

Precipio traded down $0.03, hitting $0.44, during midday trading on Tuesday, according to MarketBeat.com. 897,281 shares of the company’s stock traded hands, compared to its average volume of 1,249,438. The company has a quick ratio of 0.12, a current ratio of 0.14 and a debt-to-equity ratio of 0.22. Precipio has a one year low of $0.36 and a one year high of $28.16.

Separately, ValuEngine upgraded shares of Precipio from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.

About Precipio

Precipio, Inc provides platform to eradicate the problem of misdiagnosis within academic institutions. The company also delivers diagnostic information to physicians and their patients. It has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment. The company is based in New Haven, Connecticut.

Sunday, May 27, 2018

Swiss National Bank Has $9.07 Million Position in MEDNAX Inc (MD)

Swiss National Bank boosted its stake in shares of MEDNAX Inc (NYSE:MD) by 2.3% during the 1st quarter, HoldingsChannel reports. The firm owned 163,000 shares of the company’s stock after buying an additional 3,600 shares during the quarter. Swiss National Bank’s holdings in MEDNAX were worth $9,068,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Delta Capital Management LLC bought a new stake in MEDNAX during the fourth quarter valued at about $227,000. Brown Advisory Inc. bought a new stake in MEDNAX during the fourth quarter valued at about $231,000. Shelton Capital Management bought a new stake in MEDNAX during the fourth quarter valued at about $245,000. Macquarie Group Ltd. raised its holdings in MEDNAX by 36.1% during the fourth quarter. Macquarie Group Ltd. now owns 4,900 shares of the company’s stock valued at $262,000 after acquiring an additional 1,300 shares during the period. Finally, Brandes Investment Partners LP bought a new stake in MEDNAX during the fourth quarter valued at about $324,000. Institutional investors own 97.14% of the company’s stock.

Get MEDNAX alerts:

Shares of MEDNAX opened at $46.79 on Friday, according to Marketbeat. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. MEDNAX Inc has a 1-year low of $40.56 and a 1-year high of $63.04. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 14.85, a P/E/G ratio of 1.19 and a beta of 0.26.

MEDNAX (NYSE:MD) last issued its quarterly earnings data on Monday, April 30th. The company reported $0.89 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.07. MEDNAX had a return on equity of 10.13% and a net margin of 9.34%. The company had revenue of $901.90 million for the quarter, compared to analysts’ expectations of $903.75 million. During the same period in the previous year, the firm posted $0.75 earnings per share. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. analysts predict that MEDNAX Inc will post 3.94 EPS for the current fiscal year.

In other MEDNAX news, insider John C. Pepia sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 22nd. The stock was sold at an average price of $46.43, for a total transaction of $139,290.00. Following the sale, the insider now directly owns 39,716 shares of the company’s stock, valued at $1,844,013.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.40% of the company’s stock.

A number of research firms have commented on MD. TheStreet raised MEDNAX from a “c+” rating to a “b” rating in a report on Monday, March 12th. ValuEngine cut MEDNAX from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Stephens set a $62.00 target price on MEDNAX and gave the stock a “buy” rating in a report on Thursday, February 8th. JPMorgan Chase & Co. lifted their target price on MEDNAX from $46.00 to $55.00 and gave the stock a “neutral” rating in a report on Monday, February 12th. Finally, Zacks Investment Research cut MEDNAX from a “hold” rating to a “sell” rating in a report on Wednesday, April 11th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $55.92.

About MEDNAX

MEDNAX, Inc, together with its subsidiaries, provides newborn, anesthesia, maternal-fetal, radiology, pediatric cardiology, and other pediatric subspecialties physician services in the United States and Puerto Rico. It offers neonatal care services, such as clinical care to babies born prematurely or with complications within specific units at hospitals through neonatal physician subspecialists, neonatal nurse practitioners, and other pediatric clinicians; anesthesia and anesthesia subspecialty care; and acute and chronic pain management services.

Want to see what other hedge funds are holding MD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MEDNAX Inc (NYSE:MD).

Institutional Ownership by Quarter for MEDNAX (NYSE:MD)

Friday, May 25, 2018

Buy or sell: Top stock trading ideas by Aditya Agarwal, Prakash Gaba & Rajesh Agarwal

The Nifty50 which started higher gathered momentum in the last one hour of the trading session on Thursday and closed above its crucial resistance level of 10,500 on Thursday. It made a strong bullish candle which closely resembles a Hanging Man kind of pattern on daily charts.

The index rallied 83 points after falling over 100 points in the previous trading session. Bulls pushed the index above crucial 50-DMA and 100-DEMA. Investors who went long in the index tracking the momentum, should ideally keep a stop below 10,410 levels. The index saw some value buying at lower levels along with short covering which helped Nifty to reclaim 10,500 on closing basis which is a positive sign.

The Nifty50 which opened at 10,464 slipped to an intraday low of 10,419 before bouncing back above 10,500. It hit an intraday high of 10,535 before closing the day at 10,513, up 83 points.

According to Pivot charts, the key support level is placed at 10,444.0, followed by 10,374.2. If the index starts moving upwards, key resistance levels to watch out are 10,559.4 and 10,605.

related news Top stock picks by Ashwani Gujral & Mitessh Thakkar which are good bets in near term Markets@Moneycontrol: Nifty likely to open flat; Infosys, ITC top buys

The Nifty Bank index closed up 1.29 percent at 26,016.80 on Thursday. The important Pivot level, which will act as crucial support for the index, is placed at 25,759.1, followed by 25,501.4. On the upside, key resistance levels are placed at 26,173.8, followed by 26,330.8.

Here is the list of top stock ideas by market experts which can give good returns in short term:

Aditya Agarwal of Way2Wealth Brokers

Buy Infosys around Rs 1,214 -1,208 with target at Rs 1,300 and stop loss at Rs 1,170

Buy ITC around Rs 272 - 268 with target at Rs 300 and stop loss at Rs 260

Sell Maruti Suzuki around Rs 8,460 - 8,500 with target at Rs 8,000 and stop loss at Rs 8,810

Prakash Gaba of prakashgaba.com

Buy GSFC with target at Rs 115 and stop loss at Rs 110

Buy HDFC Bank with target at Rs 2010 and stop loss at Rs 1974

Buy Piramal Enterprises with target at Rs 3450 and stop loss at Rs 2380

Buy Mahindra & Mahindra with target at Rs 857 and stop loss at Rs 837

Rajesh Agarwal of AUM Capital

Buy Infosys with stop loss at Rs 1197 and target at Rs 1246

Buy Coal India with stop loss at Rs 274 and target of Rs 288

Buy Housing Development Finance Corporation with stop loss at Rs 1775 and target at Rs 1845

Buy Balrampur Chini Mills with stop loss at Rs 66 and target at Rs 76

Buy Just Dial with stop loss at Rs 450 and target at Rs 484

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Thursday, May 24, 2018

Balchem (BCPC) Reaches New 1-Year High and Low at $96.61

Balchem Co. (NASDAQ:BCPC) shares reached a new 52-week high and low on Wednesday . The stock traded as low as $96.61 and last traded at $96.33, with a volume of 2460 shares traded. The stock had previously closed at $95.08.

Several research analysts have recently weighed in on the stock. BidaskClub cut shares of Balchem from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 12th. Vertical Group cut shares of Balchem from a “buy” rating to a “hold” rating in a report on Monday, May 7th. They noted that the move was a valuation call. Finally, Pivotal Research raised shares of Balchem from a “sell” rating to a “hold” rating and set a $85.00 price target on the stock in a report on Monday, May 7th.

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The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 35.23 and a beta of 0.94. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.48 and a current ratio of 2.16.

Balchem (NASDAQ:BCPC) last released its quarterly earnings results on Friday, May 4th. The basic materials company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.06. The firm had revenue of $161.41 million for the quarter. Balchem had a net margin of 15.18% and a return on equity of 14.50%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SeaCrest Wealth Management LLC bought a new position in Balchem in the fourth quarter valued at $113,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Balchem by 57.1% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,829 shares of the basic materials company’s stock valued at $150,000 after acquiring an additional 665 shares during the last quarter. Eagle Boston Investment Management Inc. bought a new position in Balchem in the first quarter valued at $211,000. SG Americas Securities LLC bought a new position in Balchem in the first quarter valued at $213,000. Finally, Xact Kapitalforvaltning AB bought a new position in Balchem in the fourth quarter valued at $286,000. 87.38% of the stock is currently owned by institutional investors and hedge funds.

Balchem Company Profile

Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization, and industrial markets in the United States and internationally. The company's Human Nutrition & Health segment supplies ingredients in the food and beverage industry.

Wednesday, May 23, 2018

Beneficial Bancorp (BNCL) Lifted to “Hold” at BidaskClub

BidaskClub upgraded shares of Beneficial Bancorp (NASDAQ:BNCL) from a sell rating to a hold rating in a report released on Tuesday morning.

Shares of Beneficial Bancorp opened at $16.35 on Tuesday, MarketBeat.com reports. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $1.23 billion, a P/E ratio of 31.44 and a beta of 0.55. Beneficial Bancorp has a fifty-two week low of $14.40 and a fifty-two week high of $17.50.

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Beneficial Bancorp (NASDAQ:BNCL) last announced its quarterly earnings data on Friday, April 20th. The bank reported $0.13 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.13. The firm had revenue of $49.87 million during the quarter. Beneficial Bancorp had a net margin of 11.07% and a return on equity of 3.74%.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 10th. Investors of record on Monday, April 30th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date was Friday, April 27th.

In related news, Director Roy D. Yates sold 20,000 shares of Beneficial Bancorp stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $15.80, for a total value of $316,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frank Farnesi sold 27,498 shares of Beneficial Bancorp stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $15.08, for a total transaction of $414,669.84. The disclosure for this sale can be found here. Insiders sold 85,494 shares of company stock valued at $1,322,258 in the last 90 days. Company insiders own 5.50% of the company’s stock.

Several hedge funds have recently made changes to their positions in BNCL. Royal Bank of Canada lifted its stake in Beneficial Bancorp by 3,025.1% in the first quarter. Royal Bank of Canada now owns 6,844 shares of the bank’s stock worth $107,000 after acquiring an additional 6,625 shares during the last quarter. SG Americas Securities LLC purchased a new position in Beneficial Bancorp in the first quarter worth approximately $125,000. Two Sigma Securities LLC purchased a new position in Beneficial Bancorp in the fourth quarter worth approximately $179,000. Xact Kapitalforvaltning AB purchased a new position in Beneficial Bancorp in the fourth quarter worth approximately $192,000. Finally, Barclays PLC lifted its stake in Beneficial Bancorp by 30.3% in the first quarter. Barclays PLC now owns 14,311 shares of the bank’s stock worth $222,000 after acquiring an additional 3,326 shares during the last quarter. Hedge funds and other institutional investors own 71.83% of the company’s stock.

About Beneficial Bancorp

Beneficial Bancorp, Inc, together with its subsidiaries, provides consumer and commercial banking services to individuals, businesses, and nonprofit organizations in Philadelphia and Southern New Jersey area. The company accepts various deposit products, including non-interest bearing demand deposits, such as individual checking accounts; interest-bearing demand accounts comprising NOW, municipal, and money market accounts; savings accounts; certificates of deposit; and commercial checking accounts, as well as checking accounts primarily for small businesses.

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