Monthly Archives: May 2018

Goldman Sachs Group (GS) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of Goldman Sachs Group (NYSE:GS) from a strong-buy rating to a hold rating in a report released on Tuesday morning.

According to Zacks, “Shares of Goldman underperformed the industry over the past six months. However, the company boasts an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all....More>>>

Starbucks (SBUX) Shares Bought by Gabelli Funds LLC

Gabelli Funds LLC raised its holdings in Starbucks (NASDAQ:SBUX) by 33.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 433,317 shares of the coffee company’s stock after acquiring an additional 109,000 shares during the quarter. Gabelli Funds LLC’s holdings in Starbucks were worth $25,085,000 as of its most....More>>>

Trump Says Kim Summit Could Still Happen on June 12

President Donald Trump pivoted from his abrupt cancellation of a planned summit with North Korean leader Kim Jong Un, saying it may still happen on the originally scheduled June 12 date.

Trump told reporters on his way to board the presidential helicopter that U.S. officials are in talks with North Korea after the country’s “very nice statement.” on Friday.

“We....More>>>

ServisFirst Bancshares (SFBS) Upgraded to “Buy” at ValuEngine

ValuEngine upgraded shares of ServisFirst Bancshares (NASDAQ:SFBS) from a hold rating to a buy rating in a report published on Tuesday.

Several other equities research analysts have also issued reports on SFBS. BidaskClub raised shares of ServisFirst Bancshares from a buy rating to a strong-buy rating in a report on Tuesday, April 24th. Hovde Group set a $44.00 price objective on shares....More>>>

Zoe's Kitchen Gets Punished for Underperforming the Restaurant Industry

Mediterranean cuisine chain Zoe’s Kitchen (NYSE:ZOES) reported a dismal start to 2018. Its restaurants had started to show signs of life at the end of last year, as has the restaurant industry overall — comparable sales actually ticked higher by 0.6% the last three months, with April showing a 1.5% gain. There was no such luck at Zoe’s.

First, the numbers

Metric

Q1....More>>>