Wedbush upgraded shares of Wingstop (NASDAQ:WING) from a neutral rating to an outperform rating in a research report released on Thursday morning, MarketBeat Ratings reports. The firm currently has $59.00 price objective on the restaurant operator’s stock, up from their previous price objec
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41695972&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41695972/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; Jeff Sessions, U.S. attorney general, pauses after speaking during a House Judiciary Committee hearing in Washington, D.C., U.S., on Tuesday, Nov. 14, 2017. Andrew Harrer/Bloomberg
January 10, 2018: Markets opened lower Wednesday as yields on 10-year Treasuries rose to around 2.6% on reports that China is considering halting its purchases of U.S. debt. Financials traded higher but the gain was offset by weakness in utilities and real estate. WTI crude oil for February delivery settled at $63.57 a barrel, up 1% for the day, coming back from a dip following the inventory report.....More>>>
Depending on how investors look at the situation, natural gas transportation fuels leader Clean Energy Fuels (NASDAQ:CLNE) is either oh-so-close to finally cashing in on its long-term potential or on the doorstep of a much worse fate. Considering shares have fallen almost 80% in the last three years, it may seem difficult to remain optimistic. But there are some rays of sunshine piercing through....More>>>
Activist investor Paul Singer and his Elliott Management is waging part II of its battle at Arconic (NYSE:ARNC) – the specialized engineering aluminum company that spun off from Alcoa (NYSE:AA) last year. ARNC CEO Klaus Kleinfeld recently likened Paul Singer to The Godfather’s Michael Corleone.
Elliott owns over 12% of ARNC, choosing to stick with the company even after the breakup,....More>>>
Azincourt Uranium (OTC: AZURF, TSX VENTURE:AAZ) continues to stake a claim in the uranium rich Athabasca basin in British Columbia. Yesterday the company announced that it had completed the agreement with Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) to acquire an undivided 70% interest in the East Preston Project located in the highly prospective western Athabasca basin. The planned agreement....More>>>
Raven Industries(NASDAQ:RAVN)announced fiscal first-quarter 2018 results on Monday after the market closed, including strong growth across all segments, led by a nearly 50% increase from engineered films. Let's take a closer look both at what drove business at the mini-industrial conglomerate as
Traders sold shares of Capital One (NYSE:COF) on strength during trading on Tuesday after an insider sold shares in the company. $19.46 million flowed into the stock on the tick-up and $57.59 million flowed out of the stock on the tick-down, for a money net flow of $38.13 million out of the stock
The Internet of Things (or IoT) links formerly isolated objects -- think thermostats, cars, refrigerators, etc. -- to the Internet. All that connectivity allows devices to communicate with each other, provides us with vast amounts of previously inaccessible data, and does handy things like, for e
We attended the analyst meet organised by Tata Power (TPCL), which was addressed by Mr. Praveer Sinha, the new MD & CEO, and Mr. Ramesh, CFO. We reiterate our positive stance on the company as management has now renewed focus on pruning l
Ross Stores (ROST) beat estimates in the first quarter for the 8th consecutive time. Investors still sold the stock despite higher sales and strong earnings. The problem is rising costs and relatively low same store sales going forward.