Friday, August 3, 2018

Judge dismisses lawsuit against Fox News filed by parents of Seth Rich

A federal judge on Thursday dismissed in its entirety a case filed by the parents of slain Democratic National Committee staffer Seth Rich against Fox News, one of the network's reporters, and a Texas businessman.

Judge George B. Daniels of the US District Court for the Southern District of New York wrote in his opinion that he had granted Fox News' motion to dismiss the lawsuit over the plaintiffs' "failure to state a claim."

More specifically, Daniels said that "each of the Plaintiffs' claims fail to adequately allege essential elements of the causes of action asserted."

A spokesperson for Fox News did not immediately return a request for comment. Neither did the lawyers for the Rich family or Butowsky.

Joel and Mary Rich, who filed their lawsuit in March, had sought compensation for "mental anguish and emotional distress" caused by the publication of a baseless conspiracy theory regarding the 2016 unsolved murder of their son.

Exclusive: The chaos behind the scenes of Fox News' now-retracted Seth Rich story

The lawsuit said that Malia Zimmerman, the Fox News reporter named in the lawsuit, worked with Ed Butowsky, the Texas businessman, to develop a "sham" story about Rich's death that Fox News published online in May 2017 and referenced on-air multiple times.

Zimmerman's story said Rod Wheeler, a private investigator and Fox News contributor hired by Butowsky to look into Rich's death, had learned that Wikileaks had been in contact with Rich prior to his death. The story suggested without real evidence that Rich had leaked a trove of DNC emails to Wikileaks and further suggested that his death, which police suspect was a botched robbery, was retribution for the supposed leak.

Within hours, however, the Fox News story fell apart when Wheeler, who is now suing Fox News over the story, told CNN he had no evidence to suggest Rich had contacted Wikileaks before his death.

But Fox News left the story up on its website for days and guests continued to mention the conspiracy theory on its air. The network ultimately retracted the story seven days after it was published.

The Rich family lawsuit said the actions taken by the defendants "were so outrageous in character and so extreme in degree as to go beyond all possible bounds of decency and are atrocious and utterly intolerable in a civilized community."

Attorneys for Fox News filed a motion to dismiss the lawsuit and requested an oral hearing in May. Daniels granted the hearing and heard the case in late June.

During the oral arguments, Daniels grilled Fox News' legal defense team. But Daniels really tore into the attorneys representing the Rich family.

At several points during the hearing, Daniels told one of the Rich attorneys that his understanding of the law was incorrect.

"What you are saying is legally wrong!" Daniels explained during on contentious debate. "It is wrong!"

Saturday, July 21, 2018

Whittier Trust Co. Purchases 57,211 Shares of Golar LNG Limited (GLNG)

Whittier Trust Co. boosted its position in Golar LNG Limited (NASDAQ:GLNG) by 2,496.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 59,503 shares of the shipping company’s stock after buying an additional 57,211 shares during the period. Whittier Trust Co.’s holdings in Golar LNG were worth $3,576,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Nisa Investment Advisors LLC lifted its holdings in shares of Golar LNG by 884.2% in the second quarter. Nisa Investment Advisors LLC now owns 4,675 shares of the shipping company’s stock valued at $138,000 after purchasing an additional 4,200 shares in the last quarter. First Mercantile Trust Co. lifted its holdings in shares of Golar LNG by 92.8% in the first quarter. First Mercantile Trust Co. now owns 5,101 shares of the shipping company’s stock valued at $140,000 after purchasing an additional 2,455 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of Golar LNG in the first quarter valued at approximately $172,000. First Trust Advisors LP bought a new position in shares of Golar LNG in the fourth quarter valued at approximately $201,000. Finally, Raymond James & Associates bought a new position in shares of Golar LNG in the fourth quarter valued at approximately $210,000. Institutional investors own 77.24% of the company’s stock.

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GLNG has been the topic of a number of recent research reports. Stifel Nicolaus restated a “buy” rating and issued a $42.00 target price (up previously from $36.00) on shares of Golar LNG in a report on Thursday, April 19th. ValuEngine upgraded Golar LNG from a “sell” rating to a “hold” rating in a report on Thursday, April 19th. BidaskClub upgraded Golar LNG from a “hold” rating to a “buy” rating in a report on Friday, May 4th. Zacks Investment Research lowered Golar LNG from a “hold” rating to a “sell” rating in a report on Wednesday, May 9th. Finally, Citigroup dropped their target price on Golar LNG from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Friday, June 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. Golar LNG has a consensus rating of “Buy” and an average target price of $36.86.

Golar LNG opened at $27.30 on Friday, MarketBeat Ratings reports. Golar LNG Limited has a twelve month low of $19.32 and a twelve month high of $35.54. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.28 and a current ratio of 0.28. The company has a market capitalization of $2.83 billion, a PE ratio of -18.57 and a beta of 0.64.

Golar LNG (NASDAQ:GLNG) last posted its earnings results on Thursday, May 31st. The shipping company reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.04). The company had revenue of $66.19 million during the quarter, compared to the consensus estimate of $60.45 million. Golar LNG had a negative net margin of 73.05% and a negative return on equity of 7.10%. equities research analysts anticipate that Golar LNG Limited will post -0.21 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 5th. Investors of record on Thursday, June 14th were issued a dividend of $0.05 per share. The ex-dividend date was Wednesday, June 13th. This represents a $0.20 dividend on an annualized basis and a yield of 0.73%. Golar LNG’s dividend payout ratio (DPR) is currently -13.61%.

Golar LNG Company Profile

Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction of LNG. It operates through three segments: Vessel operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects.

See Also: Closed-End Mutual Funds (CEFs)

Want to see what other hedge funds are holding GLNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Golar LNG Limited (NASDAQ:GLNG).

Institutional Ownership by Quarter for Golar LNG (NASDAQ:GLNG)

Thursday, July 19, 2018

Homebuilder Confidence Still Solid in July, but Not Rising

The National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) for July came in unchanged from June’s index reading of 68. The HMI posted an 18-year high of 74 in December 2017. Economists polled by Bloomberg were expecting an index reading of 68 for July.

NAHB Chair Randy Noel said that while demand remains strong, builders continue to be burdened with rising materials costs. Random length framing lumber fell to below $550 per thousand board feet (nearly 7%) earlier this month after rising by about 85% over the past two years.

The index is based on an NAHB monthly survey of homebuilder perceptions of current single-family home sales and expectations for sale in the next six months. An index reading above 50 indicates that more builders view sales conditions as good than view them as poor.

The current sales conditions subindex for July was unchanged at 74, and the subindex that estimates prospective buyer traffic rose two points to 52. The subindex measuring sales expectations for the next six months dropped from 75 to 73.

NAHB chief economist, Robert Dietz, said:

Builders are encouraged by growing housing demand, but they continue to be burdened by rising construction material costs. Builders need to manage these cost increases as they strive to provide competitively priced homes, especially as more first-time home buyers enter the housing market

In the NAHB’s regions, three-month moving average indexes dipped in two of four regions. The South’s index score fell one point to 70 and the West’s score fell from 76 to 75. In the Midwest remained unchanged at 65, and the index rose one point to 57 in the Northeast.

ALSO READ: America’s Most Violent (and Peaceful) States

Friday, July 13, 2018

How Does CMS Energy Corporation Make Most of Its Money?

With a 3.1% yield and 12 years of annual dividend increases, CMS Energy Corporation (NYSE:CMS) is an enticing stock for conservative investors looking for a utility investment.�However, add in the roughly 7% annualized dividend growth rate over the past decade (more than double the historical rate of inflation growth), and things start to get a little more exciting. Here's what you need to know about this largely traditional utility with a solid history of rewarding income investors.

The core of the business

Roughly 95% of CMS Energy's revenue is derived from its regulated electric and natural gas utility operations. The rest comes from a tiny merchant power operation and "other." Interestingly, the company operates in only one state: Michigan. Although Detroit has been making headlines in recent years for not-so-good reasons (notably for declaring bankruptcy in 2013), the population of Michigan has actually been expanding, with 2017 marking the sixth consecutive year of population growth and the first year since 2001 that more people moved into the state than moved out. More people means more customers, which is a positive for CMS Energy's utility businesses.

A man with electrical power transmission equipment behind him

Image source: Getty Images

CMS serves roughly 6.7 million customers (about two-thirds of Michigan's population). Generating and selling electricity accounts for roughly 55% of the top line, with natural gas distribution pitching in about 40%. The company gets around 38% of its electricity from natural gas, 17% from nuclear power, 9% from renewable power, 10% from storage and power purchases, and the rest (26%) from coal. As it has for most utilities, reducing the importance of coal has been a key focus in recent years, with that power source declining from roughly 50% of supply in 2005 to about 25% in 2017. The goal is to completely remove coal from the mix by 2040.

An odd thing to brag about

This brings up an unusual tendency the company has -- it's happy to tell investors that it has a large and aging system. For example, its coal fleet is more than 50 years old. Its distribution system is older than those of its peers. And most of its 1,670 miles of gas pipelines were built before World War II.

This is actually great news because of the basic model used in the regulated utility space. Essentially, utilities are granted monopolies�but must get rate increases approved by regulators. The way to get rate hikes approved is to spend money on the business, either to expand it or, as in the case of CMS, upgrade it. Regulators generally make sure that the rates a utility earns are high enough not only to pay for the work that's being done but to provide an additional return on the investment dollars to make it worth the effort for utilities and their public shareholders. With a coal fleet that's 50 years old, it's easy to sell a rate hike to build new power plants, because CMS is both improving its system and reducing carbon emissions. The same goes for replacing natural gas pipelines that were built in the 1930s.

The current five-year plan calls for spending roughly $10 billion on upgrades and improvements. About $5 billion of that is earmarked for the natural gas distribution business, $3.5 billion for electricity distribution, and $1.5 billion for power production (two-thirds of the power spending is slated to go toward clean energy). That said, CMS believes its system�needs more than $50 billion of investment over the long term. It can't do that all at once, meaning there's more spending to come after the current five year plan runs its course.

CMS believes this spending will push its rate base�higher by roughly 6% to 8% a year, which in turn should support dividend growth of around the same amount over time.�That's a fairly attractive growth rate for a utility, backed by the company's clear need to spend on its aging infrastructure.

Boring... and that's a good thing

CMS doesn't do anything particularly exciting, but that doesn't mean that investors aren't being well rewarded as the company's aging business gets much needed upgrades, which should, in turn, lead to reliable earnings and dividend growth for years to come. You can find higher-yielding utilities, and utilities with higher earnings and dividend growth rates, but the mix of yield, growth, and business simplicity at CMS is worth a very close look for conservative investors.

Thursday, July 12, 2018

Why Okta's Shares Fell 10% in June

What happened

Shares of Okta (NASDAQ:OKTA), the company that offers services to manage and protect digital identities, fell 10.4% in June, according to data provided by S&P Global Market Intelligence.

The biggest price drop came early in the month and was probably the result of an analyst downgrading Okta's shares.

Stock chart on black background.

Image source: Getty Images.

So what

Needham & Company lowered its buy rating for Okta's shares to a hold, and also reduced its price target from about $47 to $38 at the beginning of June, which likely led to some negative investor sentiment around that time.�

OKTA ChartImage source:�YCharts.

In what should be an example of being cautious about following the whims of analysts, Needham proceeded to upgrade�Okta's stock back to a buy at the end of the month.

Now what

What's even more odd about the timing of the drop is that at the beginning of June,�Okta reported strong sales growth for its first quarter.

Sales grew by 60% from the year-ago quarter to $83.6 million, and the company's net loss of $26 million was a slight improvement from its $27.7 million loss in the first quarter of 2018.

The company also issued strong guidance for the second quarter, and management said that revenue will be between $84 million and $85 million. That represents about 39% to 41% growth year over year.

Okta's shares have climbed back up about 9% so far in July, which may mean that investors are starting to realize that Okta's first-quarter results warranted a much more positive response than they initially received.

Tuesday, July 10, 2018

Brandywine Realty Trust (BDN) Given Average Rating of “Hold” by Brokerages

Brandywine Realty Trust (NYSE:BDN) has received an average recommendation of “Hold” from the ten research firms that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $18.17.

BDN has been the subject of several recent research reports. SunTrust Banks set a $18.00 price objective on shares of Brandywine Realty Trust and gave the company a “buy” rating in a research note on Monday, April 23rd. Stifel Nicolaus cut their target price on shares of Brandywine Realty Trust from $17.00 to $16.00 and set a “hold” rating on the stock in a report on Friday, April 20th. JPMorgan Chase & Co. dropped their price objective on shares of Brandywine Realty Trust from $18.00 to $17.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 24th. Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, April 17th. Finally, ValuEngine cut shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd.

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Brandywine Realty Trust traded down $0.07, hitting $17.05, during mid-day trading on Monday, Marketbeat.com reports. 40,173 shares of the company were exchanged, compared to its average volume of 1,729,491. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.74 and a quick ratio of 3.74. The firm has a market cap of $3.06 billion, a PE ratio of 13.05, a price-to-earnings-growth ratio of 2.26 and a beta of 0.98. Brandywine Realty Trust has a 12-month low of $15.20 and a 12-month high of $18.69.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Thursday, April 19th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.07). Brandywine Realty Trust had a return on equity of 8.37% and a net margin of 27.38%. The company had revenue of $136.36 million for the quarter, compared to analysts’ expectations of $133.17 million. During the same period last year, the business earned $0.32 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. sell-side analysts anticipate that Brandywine Realty Trust will post 1.37 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 20th. Investors of record on Friday, July 6th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date is Thursday, July 5th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 54.96%.

A number of hedge funds and other institutional investors have recently made changes to their positions in BDN. Westwood Holdings Group Inc. lifted its stake in Brandywine Realty Trust by 2.4% in the fourth quarter. Westwood Holdings Group Inc. now owns 2,424,416 shares of the real estate investment trust’s stock worth $44,100,000 after acquiring an additional 56,015 shares during the last quarter. Marathon Trading Investment Management LLC purchased a new stake in shares of Brandywine Realty Trust during the 4th quarter worth $182,000. Heitman Real Estate Securities LLC boosted its position in shares of Brandywine Realty Trust by 42.3% during the 4th quarter. Heitman Real Estate Securities LLC now owns 1,671,095 shares of the real estate investment trust’s stock worth $30,397,000 after purchasing an additional 496,435 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Brandywine Realty Trust by 34.5% during the 4th quarter. Renaissance Technologies LLC now owns 2,925,098 shares of the real estate investment trust’s stock worth $53,208,000 after purchasing an additional 749,500 shares in the last quarter. Finally, BlackRock Inc. boosted its position in shares of Brandywine Realty Trust by 8.1% during the 4th quarter. BlackRock Inc. now owns 13,228,278 shares of the real estate investment trust’s stock worth $240,624,000 after purchasing an additional 987,496 shares in the last quarter.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, DC, and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale.

Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

Saturday, July 7, 2018

Oil mostly higher as Trump demands OPEC lower prices

Oil futures edged slightly higher Thursday, shrugging off a demand by President Donald Trump that the Organization of the Petroleum Exporting Countries move to counteract a rally that has prices near or above 3 陆-year highs.

Traders are also awaiting weekly data from the U.S. Energy Information Administration on domestic crude supplies.

West Texas Intermediate crude for August delivery CLQ8, +0.18% �on the New York Mercantile Exchange rose 36 cents, or 0.5%, to $74.50 a barrel, with the U.S. benchmark hitting its highest since November 2014. U.S. markets were closed September for the Independence Day holiday. Brent crude LCOU8, -0.26% the global benchmark, was up 3 cents at $78.27 a barrel on London��s ICE Europe exchange.

Trump on Wednesday again complained via Twitter about rising gas prices and said the Organization of the Petroleum Exporting Countries were doing ��little to help,�� and demanded that the cartel, ��REDUCE PRICING NOW!��

The OPEC Monopoly must remember that gas prices are up & they are doing little to help. If anything, they are driving prices higher as the United States defends many of their members for very little $��s. This must be a two way street. REDUCE PRICING NOW!

— Donald J. Trump (@realDonaldTrump) July 4, 2018

The tweet comes after Trump on Saturday tweeted that Saudi Arabia��s King Salman had agreed to increase output by 2 million barrels a day. OPEC and its major producer allies, namely Russia, had agreed in a June meeting to effectively raise output by 1 million barrels a day to help counteract lost barrels from Venezuela and Iran.

Indeed, analysts said Trump��s decision to exit from the Iran nuclear accord and the administration��s demands that countries eliminate purchases of Iranian oil have been a key driver of the rally.

��It does not occur to the U.S. president that it is Trump himself who is driving prices up through his Iran policy. Trump wants all countries to reduce their oil imports from Iran to zero. This would strip up to 2.5 million barrels per day from the market,�� wrote analysts at Commerzbank, in a note. ��The spare capacities in OPEC countries are just sufficient to offset this amount, but will not be enough if supply is additionally reduced by outages elsewhere �� such as in Libya and Canada at present �� and by falling oil production in Venezuela.��

Also, Iran has threatened to block oil shipments through the Strait of Hormuz if the U.S. continues with its calls for renewed sanctions on Tehran.

The weekly EIA data due Thursday morning is expected to show a 4.5 million barrel fall in crude stockpiles, along with a 2.5 million barrel decline in gasoline inventories and a 250,000 barrel drop for distillate stocks, according to a survey conducted by S&P Global Platts.

The release will be ��one of the most-hyped storage reports ever,�� said Robert Yawger, director of energy at Mizuho Securities U.S.A., in a note. The storage figure for the Nymex delivery hub at Cushing, Okla., will be key, he said, with the outage of a Syncrude upgrader in Alberta, Canada, expected to result in a big storage draw, while refinery throughput could top 18 million barrels a day for a record. Exports could also challenge the record 3 million barrels a day seen in last week��s report, he said.

��If all those moving pieces pan out, the market will most likely have to digest a very big crude oil draw, which could rally [August WTI] towards Tuesday��s four year high of $75.27,�� he said.

Nymex August gasoline futures RBQ8, +0.55% �rose 1.64 cents, or 0.8%, to $2.134 a gallon, while August heating oil HOQ8, +0.86% �rose 2.27 cents, or 1%, to $2.1869 a gallon.

August natural-gas futures NGQ18, +0.10% �were off 2 cents, or 0.7%, at $2.85 per million British thermal units.

William Watts

William Watts is MarketWatch's deputy markets editor, based in New York. Follow him on Twitter @wlwatts.

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Wednesday, July 4, 2018

What's the Best Way Out of This Fund's Exorbitant Transaction Fees?

It would be hard to find a podcast-hosting duo more totally invested in answering your financial questions than Alison Southwick and Robert Brokamp -- they put "Answers" in the show's name, for goodness' sake! And this week, they're at it again, combing through the Motley Fool Answers mailbag in search of conundrums to address for their listeners. But because three heads are better than two, for this episode, they've enlisted the help of Sean Gates, a financial planner with Motley Fool Wealth Management.

In this segment, they consider the case of Jeff, whose wife has a Roth IRA with Fidelity that contains a Vanguard�target date fund. Every time they add any money to the fund, they have to pay a $75 fee. That's both too much, and depressingly normal. But yes, there are maneuvers to get away from those fees.

Sean Gates is an employee of Motley Fool Wealth Management, a separate, sister company of The Motley Fool, LLC. The views of Sean Gates and Motley Fool Wealth Management are not the views of The Motley Fool, LLC and should not be taken as such.

A full transcript follows the video.

This video was recorded on June 26, 2018.

Alison Southwick: Next question comes from Jeff. "My wife has a Roth IRA with Fidelity in which we bought a Vanguard target-date fund. I recently realized that every time we add money to the fund, they charge us a $75 fee!" Woof! "Would you recommend waiting until we have a large enough sum of money to add to the fund to make the fee 1-2% of the investment, or perhaps open an account with Vanguard and transfer the fund? Or maybe there's a better option than those two. My wife and I each already have a Roth IRA and 401(k), so if I transferred the fund to a normal account, wouldn't I get taxed on the dividends?"

Robert Brokamp: What he has encountered is what's called a transaction fee. When you open up a regular old brokerage account and you buy a stock, you pay a commission. It's usually $7-10. But when you buy a mutual fund, it can cost you -- as we're seeing here -- $75, unless it's a non-transaction fee fund -- you'll see a little NTF on the broker's website. One thing he might consider doing is selling that fund and buying a fund that is an NTF fund.

I will point out, though, there's a reason why Vanguard's fund in this situation is charging that. To be in these big brokerages, a mutual fund company has to pay Fidelity a fee to be on their fund marketplace. And in the end, the person who owns that fund is going to pay that. I've read an article that says the average is they're paying the broker 0.4% just to be on their platform.

So, to a certain degree, you're going to pay for it either way. If you love Vanguard's Target retirement fund, my recommendation would be then to transfer the money to Vanguard.

The second part of your question, about how you've said that you and your wife both have a Roth IRA and 401(k), it sounds like you're not aware of the fact that you can transfer this money to those accounts. You don't have to transfer the money to a taxable account. If you did do that, that would be considered distribution and it would be taxable, you'd pay penalties. You can just transfer it to your existing accounts. It might be that you're aware of the annual contribution limits to those accounts, and you might be confusing those contribution limits with what you can transfer. There's no limit on how much money you can transfer from one account to another. If you transferred this Roth IRA with Fidelity to another Roth IRA, that wouldn't affect how much money you could then contribute as a regular contribution. I'm just assuming, reading between the lines there, what the confusion is there.

Sean Gates: The only other thing I would add is, I don't think I would recommend waiting to collect a large sum of money before purchasing a mutual fund. I think that waiting has an opportunity cost associated with it that you might be discounting. Looking for alternate funds to invest in that don't have that commission would be a better option than just waiting until you have some sum of money to cover the cost of the $75 transaction fee.

Brokamp: We've talked about studies before that have looked at dollar-cost averaging vs. lump sum investing. You're better off just getting the money in as soon as you can -- just to back up what you said there. Having your money just sit around in a cash account until you've accumulated enough, there's a cost to that.

Sunday, June 24, 2018

DigiCube (CUBE) Trading 51.9% Lower Over Last 7 Days

DigiCube (CURRENCY:CUBE) traded down 0.3% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on June 23rd. During the last week, DigiCube has traded down 51.9% against the US dollar. DigiCube has a total market capitalization of $149,052.00 and $2.00 worth of DigiCube was traded on exchanges in the last 24 hours. One DigiCube coin can now be purchased for $0.0001 or 0.00000001 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

Get DigiCube alerts: OmiseGO (OMG) traded 3% lower against the dollar and now trades at $8.03 or 0.00130898 BTC. Wanchain (WAN) traded down 1.7% against the dollar and now trades at $2.51 or 0.00040860 BTC. Ardor (ARDR) traded 2.2% lower against the dollar and now trades at $0.15 or 0.00002407 BTC. Mithril (MITH) traded down 4.8% against the dollar and now trades at $0.37 or 0.00006055 BTC. Raiden Network Token (RDN) traded 2.4% lower against the dollar and now trades at $0.76 or 0.00012415 BTC. Quantum Resistant Ledger (QRL) traded down 5.6% against the dollar and now trades at $0.47 or 0.00007615 BTC. ION (ION) traded 6% lower against the dollar and now trades at $0.84 or 0.00013701 BTC. DECENT (DCT) traded 12.7% lower against the dollar and now trades at $0.33 or 0.00005383 BTC. Fluz Fluz (FLUZ) traded up 0.3% against the dollar and now trades at $0.0211 or 0.00000343 BTC. FidentiaX (FDX) traded down 1.3% against the dollar and now trades at $0.0268 or 0.00000437 BTC.

DigiCube Profile

CUBE uses the hashing algorithm. It launched on March 12th, 2016. DigiCube’s total supply is 2,429,126,009 coins. DigiCube’s official Twitter account is @PurePoS. The official website for DigiCube is www.freestaking.com.

Buying and Selling DigiCube

DigiCube can be bought or sold on these cryptocurrency exchanges: CoinExchange. It is usually not possible to purchase alternative cryptocurrencies such as DigiCube directly using US dollars. Investors seeking to trade DigiCube should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiCube using one of the exchanges listed above.

Wednesday, June 20, 2018

Top 10 China Stocks To Own For 2019

tags:SINA,NTES,BIDU,CDTI,

Trump Signs ACA Tax Blocker Bill

So, Why Else Do the Pundits Hate Annuity Commissions?

HHS Nominee Open to Nixing Maternity Benefits Mandate: Democrat

The Bill & Melinda Gates Foundation is working with China’s health agency to help authorities there improve their standards, potentially creating a challenger to the world’s two most powerful regulators, billionaire Bill Gates said.

The U.S. and European regulatory dominance sometimes leads other agencies to reject medicines or vaccines that could have served a purpose in their own nations, Gates said at a panel discussion at the World Economic Forum in Davos, Switzerland.

His foundation, which has spent about $12 billion on projects to improve global health in the last five years, has former employees of the U.S. Food and Drug Administration working to help the Chinese Food and Drug Administration, he said.

India and China “can never afford to spend $10,000 per citizen” for health care so they will need to innovate, Gates said. “That’s where a lot of the action will be.”

Top 10 China Stocks To Own For 2019: Sina Corporation(SINA)

Advisors' Opinion:
  • [By Lisa Levin] Companies Reporting Before The Bell Anheuser-Busch InBev SA/NV (NYSE: BUD) is estimated to report quarterly earnings at $0.89 per share on revenue of $13.06 billion. SINA Corporation (NASDAQ: SINA) is expected to report quarterly earnings at $0.42 per share on revenue of $433.32 million. Weibo Corporation (NASDAQ: WB) is projected to report quarterly earnings at $0.47 per share on revenue of $342.39 million. Ameren Corporation (NYSE: AEE) is estimated to report quarterly earnings at $0.57 per share on revenue of $1.55 billion. Mylan N.V. (NASDAQ: MYL) is projected to report quarterly earnings at $0.98 per share on revenue of $2.75 billion. Cinemark Holdings, Inc. (NYSE: CNK) is estimated to report quarterly earnings at $1.31 per share on revenue of $1.51 billion. ADT Inc. (NYSE: ADT) is expected to report quarterly earnings at $0.24 per share on revenue of $1.11 billion. Coty Inc. (NYSE: COTY) is projected to report quarterly earnings at $0.13 per share on revenue of $2.18 billion. Pinnacle Entertainment, Inc. (NYSE: PNK) is estimated to report quarterly earnings at $0.31 per share on revenue of $644.94 million. Conduent Incorporated (NYSE: CNDT) is estimated to report quarterly earnings at $0.21 per share on revenue of $1.44 billion. Delphi Technologies PLC (NYSE: DLPH) is projected to report quarterly earnings at $1.16 per share on revenue of $1.25 billion. Office Depot, Inc. (NASDAQ: ODP) is expected to report quarterly earnings at $0.08 per share on revenue of $2.72 billion. Global Partners LP (NYSE: GLP) is estimated to report quarterly earnings at $0.13 per share on revenue of $2.33 billion. Wolverine World Wide, Inc. (NYSE: WWW) is projected to report quarterly earnings at $0.37 per share on revenue of $530.99 million. Performance Food Group Company (NYSE: PFGC) is expected to report quarterly earnings at $0.32 per share on revenue of $4.46 billion. Groupon, Inc. (NASDAQ: GRPN) is projected to report
  • [By Ethan Ryder]

    Eagle Global Advisors LLC decreased its position in Sina Corp (NASDAQ:SINA) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,875 shares of the technology company’s stock after selling 1,595 shares during the period. Eagle Global Advisors LLC owned about 0.12% of Sina worth $8,850,000 at the end of the most recent quarter.

  • [By Garrett Baldwin]

    While that is happening in the Middle East, trouble is brewing in Washington. In addition to reports that a Russian Oligarch paid Trump's lawyer $500,000, a U.S. telecom giant is now caught up with the same lawyer. AT&T Corporation (NYSE: T) confirmed Tuesday night that it paid Trump lawyer Michael Cohen for information on the administration. AT&T stock is up 0.6% in premarket hours. Four Stocks to Watch Today: TRIP, MTCH, FOXA, DIS Shares of TripAdvisor (Nasdaq: TRIP) popped nearly 20% after the company crushed earnings after the bell. In addition, the CFO Ernst Teunissen projected strong guidance for the rest of the year. The firm reported EPS of $0.30 on top of $378.0 million in revenue. Wall Street expected $0.16 per share on $360.84 million in revenue. Shares of Match Group (Nasdaq: MTCH) popped 3% after the company reported earnings after the bell. The dating site operator reported stronger than expected earnings and revenue figures on Tuesday. Overall, revenue jumped 36% compared to the same period in 2017. The firm also reported stronger than expected guidance. Of course, all anyone is talking about how Facebook Inc. (Nasdaq: FB) could impact the dating industry with its new plugin. Shares of 21st Century Fox (NYSE FOXA) are in focus as the firm prepares to report earnings before the bell. However, investors are more likely focused today on the expected bidding war between the Walt Disney Co. (NYSE: DIS) and Comcast Corporation (Nasdaq: CMCSA) to purchase key assets of the company. Fox is also tied up in a bidding war with Comcast to purchase British television provider Sky (OTC MKTS: SKYAY). Look for additional earnings reports from Booking Holdings (Nasdaq: BKNG), com International (Nasdaq: CTRP), Sina Corp. (Nasdaq: SINA), Albermarle Corp. (NYSE: ALB), Mylan Inc. (NYSE: MYL), SolarEdge Technologies (Nasdaq: SEDG), Wolverine World Wide (NYSE: WWW), IAC Interactive Corp. (NYSE: IAC), and Cavium Inc. (Nasdaq: CAVM).

    Eight Seconds

  • [By Steve Symington]

    You wouldn't know it by the market's knee-jerk reaction, but�SINA Corp.�(NASDAQ:SINA)�just announced another stronger-than-expected quarter early Wednesday.�Shares of the Chinese internet media company fell 10% when all was said and done today -- though it's not the first time we've seen the stock fall on positive news.

Top 10 China Stocks To Own For 2019: Netease.com Inc.(NTES)

Advisors' Opinion:
  • [By Ethan Ryder]

    NetEase (NASDAQ:NTES) traded down 0.3% during mid-day trading on Friday after Barclays lowered their price target on the stock to $255.00. Barclays currently has an equal weight rating on the stock. NetEase traded as low as $240.07 and last traded at $246.86. 481,395 shares were traded during mid-day trading, a decline of 60% from the average session volume of 1,205,109 shares. The stock had previously closed at $246.16.

  • [By Leo Sun]

    That expansion can be hard to keep track of, but investors should recognize the five companies which Tencent could hurt: NetEase (NASDAQ:NTES), Weibo (NASDAQ:WB), Baidu (NASDAQ:BIDU), iQiyi (NASDAQ:IQ), and Alibaba (NYSE:BABA).

  • [By Ethan Ryder]

    California Public Employees Retirement System lowered its stake in NetEase (NASDAQ:NTES) by 26.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,173 shares of the technology company’s stock after selling 46,859 shares during the period. California Public Employees Retirement System owned approximately 0.10% of NetEase worth $35,938,000 as of its most recent SEC filing.

Top 10 China Stocks To Own For 2019: Baidu Inc.(BIDU)

Advisors' Opinion:
  • [By Brian Stoffel]

    Chinese search giant�Baidu�(NASDAQ:BIDU) went public in 2005. After stumbling out of the IPO gate, it experienced the type of run-up that can create dynastic wealth for patient investors. Between early 2006 and mid-2011, shares of the company advanced 3,000%. In other words, in just five years, you could have turned a $10,000 investment into $300,000!

  • [By ]

    Alibaba began quietly testing autonomous driving technologies last year, led by Wang Gang, the chief scientist of Alibaba's A.I. Labs. Despite its late start, Alibaba appears to be moving quickly. Although it will be playing catch up to Baidu (BIDU) and Tencent (TCEHY) , which already have approval from Chinese regulators for open-road testing.

  • [By Alexander Bird]

    Based in Beijing, Baidu Inc. (Nasdaq: BIDU) is a multinational tech company that specializes in Internet services and AI development.

    In the simplest terms, the company is the Chinese equivalent of Alphabet Inc. (Nasdaq: GOOGL), Google's parent company. Baidu manages China's most popular web search engine and funds a multitude of app development and artificial intelligence projects.

  • [By Stephan Byrd]

    Baidu (NASDAQ:BIDU) shares gapped down before the market opened on Monday . The stock had previously closed at $243.64, but opened at $253.01. Baidu shares last traded at $243.57, with a volume of 10970198 shares changing hands.

  • [By Leo Sun]

    Shares of Baidu (NASDAQ:BIDU) recently rallied after the Chinese tech giant posted an impressive first quarter. Its revenue rose�31% annually to 20.9 billion RMB ($3.33 billion), topping estimates by $140 million and marking the company's strongest growth since the fourth quarter of 2015.

Top 10 China Stocks To Own For 2019: Clean Diesel Technologies Inc.(CDTI)

Advisors' Opinion:
  • [By Stephan Byrd]

    Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

    Get Molecular Templates alerts: Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)

    MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.

Tuesday, June 19, 2018

A Foolish Take: Video Games Aren't Just for Boys Anymore

Teenage boys play more video games than teenage girls, but the gap between them may be smaller than you think. Pew Research Center's latest survey found that�83% of teenage girls played video games and that 75% of girls had access to a gaming console.

Chart showing percentages of teenagers in the U.S. who play video games and those with access to a game console

Data source: Pew Research Center. Chart by author.

The recent rise of cross-platform games like Epic Games' sandbox survival game,�Fortnite -- which can be played across PCs, consoles, and mobile devices -- is attracting more�female gamers. It also indicates that gaming consoles and high-end PCs are no longer required for many popular games.���

Cross-platform games like Fortnite�emphasize accessible gameplay over high-end graphics, as seen�with other top titles, including Activision Blizzard's (NASDAQ:ATVI) card game,�Hearthstone, and PUBG Corporation's battle royale game,�PlayerUnknown's Battlegrounds. Fortnite and Hearthstone are also free-to-play titles, which attracts more casual gamers.

Console makers need to figure out how to address this shift as raw horsepower becomes less relevant to teen gamers. Game developers also shouldn't solely market games for teenage boys. That's why Activision has a more�diverse range of characters of both sexes in Overwatch, another top game, while PUBG and Fortnite both feature female characters.

Wednesday, May 30, 2018

Ambev, Banco Santander Plunge into Tuesday’s 52-Week Low Club

May 29, 2018: Here are four stocks trading with heavy volume among 111 equities making new 52-week lows in Tuesday’s session. On the NYSE decliners led advancers by about 1.33 to 1 and on the Nasdaq, decliners led advancers by about 1.58 to 1.

Ambev SA (NYSE: ABEV) fell about 5.3% Tuesday to post a new 52-week low of $5.19 after closing at $5.45 on Friday. The 52-week high is $7.43. Volume of more than 24 million was about 10% above the daily average of about 22.7 million. The beverage giant had no specific news Tuesday.

Banco Santander SA (NYSE: SA) traded down about 10% Tuesday and posted a new 52-week low of $5.25 after closing Friday at $5.84. The stock’s 52-week high is $7.57. Volume totaled around 24.5 million, about four times the daily average of around 6 million. European banks were hit hard by events in Italy, but Santander had no specific news.

Deutsche Bank AG (NYSE: DB) dropped about 7.2% Tuesday to post a new 52-week low of $11.18. Shares closed at $12.05 on Friday and the stock’s 52-week high is $20.23. Volume of around 13.3 million shares was three times the daily average.The bank said it plans no further job cuts in Russia, but today was not a good day to be a European bank.

Banco Bradesco SA (NYSE: BBD) traded down about 6.1% Tuesday to post a new 52-week low of $7.79 after closing Friday at $8.30. The stock’s 52-week high is $13.18. Volume was about 15% above the daily average of around 9.2 million shares. The Brazilian bank had no specific news.

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Deutsche Bank Stays Bullish on 4 Buy-Rated Large Cap Banks

Sunday, May 27, 2018

New Report Makes Recommendations For Releasing, Caring For Aging Prisoners

&l;p&g;A New York-based prisoner advocacy organization wants to put an end to elderly Americans aging&a;mdash;and dying&a;mdash;behind bars.

A new report released this week from the &l;a href=&q;http://www.osborneny.org/&q; target=&q;_blank&q;&g;Osborne Association&l;/a&g; is urging action on behalf of what it has deemed &a;ldquo;America&a;rsquo;s Elder Incarceration Crisis.&a;rdquo; In&l;strong&g; &l;a href=&q;http://www.osborneny.org/resources/www-osborneny-org-aging/the-high-cost-of-low-risk/&q; target=&q;_blank&q;&g;&l;em&g;The High Costs of Low Risk: The Crisis of America&a;rsquo;s Aging Prison Population&l;/em&g;&l;/a&g;&l;a href=&q;http://www.osborneny.org/resources/www-osborneny-org-aging/the-high-cost-of-low-risk/&q; target=&q;_blank&q;&g;,&l;/a&g; &l;/strong&g;the association recommends immediate steps to stem the rapid&a;nbsp;growth of Americans aging in the nation&a;rsquo;s prisons and jails and to reduce the roadblocks older people face returning to society.

By 2030, people over 55 will make up a third of the U.S. prison population; and exploding numbers of seniors in prison and rising costs to care for them are putting the country&a;rsquo;s criminal justice system &a;ldquo;at risk of collapse,&a;rdquo; according to the report by the Osborne Association, a policy advocacy and direct-service organization dedicated to transforming the criminal justice system in New York City&a;rsquo;s jails and the state&a;rsquo;s prisons.

&l;img class=&q;dam-image getty size-large wp-image-528987796&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/528987796/960x0.jpg?fit=scale&q; data-height=&q;642&q; data-width=&q;960&q;&g; Entrance to the Vernon C. Bain Correctional Center at Rikers Island, in the Bronx. This is the only prison bardge in the US, and is anchored in the South Bronx near Rikers Island. The Bardge handles inmates from medium- to maximum-security in 16 dormitories and 100 cells. (Photo by David Howells/Corbis via Getty Images)

&a;ldquo;Even as crime is at national lows and 36 states have reduced imprisonment rates, the number of older adults in prison, many of whom require specialized medical care for age-related illnesses, has only continued to grow,&a;rdquo; said &l;a href=&q;http://www.osborneny.org/about/leadership/elizabeth-gaynes/&q; target=&q;_blank&q;&g;Elizabeth Gaynes&l;/a&g;, CEO of the Osborne Association. &a;ldquo;Increasing rates of elder incarceration have reached crisis-level and put unsustainable pressure on the justice system as a whole.&a;rdquo;

&l;img class=&q;size-full wp-image-1099&q; src=&q;http://blogs-images.forbes.com/robinseatonjefferson/files/2018/05/PrisonElderIncarcerationOsborneAssocLizGaynes_official.png.jpg?width=960&q; alt=&q;&q; data-height=&q;576&q; data-width=&q;648&q;&g; Elizabeth Gaynes, President and CEO, the Osborne Association.

The crisis, she said, is exacerbated by the fact that prisons were never designed to be geriatric wards for individuals with a whole host of age-related issues&a;mdash; from arthritic knees, to difficulty bathing, to the extensive medical attention required for illnesses like strokes, emphysema, Alzheimer&a;rsquo;s and cancer. &a;ldquo;Incarcerated individuals experience a mental and physical decline at a much faster rate than people outside of prison. Research shows that 40% of incarcerated older people are diagnosed with cognitive impairment. For some, dementia becomes so pronounced that they cannot even remember why they are incarcerated in the first place.&a;rdquo;

According to the report, the past four decades have seen the most sustained and widespread imprisonment binge in recorded human history. &a;ldquo;The facts are all too familiar and are finally receiving widespread, even bipartisan, attention: The United States has roughly 5 percent of the world&a;rsquo;s population, yet is responsible for nearly 25 percent of the world&a;rsquo;s incarcerated population.&a;rdquo;

&l;img class=&q;size-large wp-image-1100&q; src=&q;http://blogs-images.forbes.com/robinseatonjefferson/files/2018/05/PrisonElderly-1200x728.jpg?width=960&q; alt=&q;&q; data-height=&q;728&q; data-width=&q;1200&q;&g; U.S. State Prison sentences for people 65-plus.

And American seniors make up a large portion of the numbers. The estimated 274,000 people aged 50 or older in U.S. state and federal prisons is greater than the entire incarcerated populations of nations like Mexico, Iran and Indonesia&a;mdash;all large countries that incarcerate at a relatively high rate. In fact, the Osborne Association asserts, if older people in state and federal prisons in the U.S. comprised their own prison system, they would be the 7&l;sup&g;th&l;/sup&g; largest prison system in the entire world.

According to the report, &a;ldquo;The aging prison population represents a national, human-made, systemic epidemic that has been decades in the making.&a;nbsp; Although there is no commonly agreed-upon age at which an incarcerated individual is &a;ldquo;old&a;rdquo;&a;mdash;definitions range from 50 to 65&a;mdash;medical practitioners and corrections professionals agree that adverse life circumstances both during and prior to incarceration lead to accelerated aging. Put simply, people who have been incarcerated very often have the physiological attributes of much older people.&a;rdquo;

Gaynes said within the United States, the states with the biggest prison populations have seen the most significant increases in the number of confined older people. &a;ldquo;We have observed this firsthand in New York State, where the Osborne Association provides direct services and programs in 27 prisons and 8 jails,&a;rdquo; she said. &a;ldquo;New York alone has 10,337 incarcerated older people.&a;rdquo;

&l;img class=&q;dam-image getty size-large wp-image-528987820&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/528987820/960x0.jpg?fit=scale&q; data-height=&q;642&q; data-width=&q;960&q;&g; View of Manhattan from the Vernon C. Bain Correctional Center at Rikers Island, in the Bronx. This is the only prison bardge in the US, and is anchored in the South Bronx near Rikers Island. The Bardge handles inmates from medium- to maximum-security in 16 dormitories and 100 cells. (Photo by David Howells/Corbis via Getty Images)

New York is among five states in the union with an incarcerated older population in excess of 10,000 people, including Texas (28,502), California (27,806), Florida (21,620), and Pennsylvania (10,214), the report states. Further, in New York, California, Pennsylvania, Michigan, Texas, Georgia, Ohio, Florida and Illinois, roughly 20% of the entire prison population is comprised of older people, a rate that is only expected to rise unless states begin releasing higher rates of older people.

Gaynes said such numbers and percentages of older people are a relatively new phenomenon and a direct result of the combination of 40 years worth of extreme sentences and unforgiving release decisions and a punishment paradigm that is especially unrelenting in its response to violence.

&l;/p&g;&l;blockquote&g;According to the report, &a;ldquo;In 1973, New York Governor Nelson Rockefeller proposed strict sentencing guidelines that came to be known as the Rockefeller Drug Laws. This &a;ldquo;tough-on-crime&a;rdquo; approach became a national movement, and by the 1980s the federal government and many states had adopted mandatory minimum sentencing policies, including so-called three-strikes laws. Despite the growing body of research showing that long sentences are limited in deterring future crimes and promoting public safety, the number of people serving life sentences more than quadrupled since 1984.&a;rdquo;&l;/blockquote&g;

In addition, the use of life without parole (LWOP) has increased more than 22 percent since 2008. Gaynes said since more than 31 percent of currently incarcerated people in state prison ages 65 and older are serving life sentences or death sentences, focusing on those incarcerated for non-violent crimes only will not address the crisis of those aging in prison. &a;ldquo;The increase of life sentences is inconsistent with research and science that demonstrates &a;lsquo;aging out of crime&a;rsquo; by the time people reach heir 40s,&a;rdquo; she said. &a;ldquo;It underscores the need to address our underlying emphasis on endless punishment for violent crime.&a;rdquo;

Gaynes said she realizes some will argue those incarcerated &a;ldquo;deserve what they get&a;rdquo; for their crimes and wonder why we are concerning ourselves with their welfare. Still, in addition to the astronomical costs of caring for the elderly in prison, she said victims of crime&a;mdash;even the loved ones of murder victims&a;mdash;are &a;nbsp;often more forgiving then people would think. &a;ldquo;Recidivism for older people is almost zero,&a;rdquo; she said. Many of them came in as young, violent people with terrible lives. Now they have become educated, and many are horrified by their own actions and history. If you really believe in rehabilitation, and that the point is for people to change, then at some point if those people have changed and expressed remorse and made amends, then it has to be over.&a;rdquo;

The challenges unique to older populations come at a high cost both in taxpayer dollars and in human suffering, Gaynes said. &a;ldquo;American taxpayers pay between two to five times as much to incarcerate someone 50 or older compared to a younger individual even though, after decades of incarceration, older people pose little to no risk to public safety. In fact, people over 65 have the lowest recidivism rate of any age cohort.&a;rdquo;

The Osborne Association founded the &l;a href=&q;https://www.forbes.com/sites/robinseatonjefferson/2018/05/25/re-integrating-elderly-into-society-after-years-behind-bars/#7bae8c2f48f5&q;&g;Elder Reentry Initiative (ERI)&l;/a&g; in 2015 to provide comprehensive support for aging people as they return home from New York jails and prisons.

Though the Osborne Association is New York-based, report authors say the findings have wider implications for prisons across the country. &a;ldquo;New York is our main audience because we are based here, but we have tried to take enough of a national perspective that it can help people across the United States,&a;rdquo; she said, adding that along with the corrections and justice officials in New York and its assembly, the report will be sent to the U.S. Department of Justice (DOJ), the U.S. Department of Health and Human Services (HHS) and other federal agencies that influence the prison system with the intention of informing and participating in the conversation nationally and internationally.

Over 200 people work for the 87-year-old Osborne Association from four sites in New York in the Bronx, Brooklyn, Manhattan and Newburgh work. They work at every point of the continuum of incarceration, from arrest and pre-entry, through jail and prison, to reentry, including families affected by crime and the criminal justice system. The Osborne Association strives for systemic reforms in prisons along with education, employment and reuniting former inmates with their families as well as rebuilding their lives after incarceration.

Osborne&a;rsquo;s report expands on earlier research and outlines changes the association believes are needed to reduce taxpayer costs and undue suffering of aging in prison and increase support for older people returning home, especially those who have been in prison for decades.

The report&a;rsquo;s recommendations include:

&l;ul&g;&l;li&g;&l;strong&g;Expand mechanisms to release older people in greater numbers.&l;/strong&g; Despite the extremely low rate of recidivism for people over 50, release rates for older incarcerated individuals remain low with existing release mechanisms gravely underutilized. By expanding the use of parole in states that already permit the practice and increasing the use of compassionate release and medical parole in both state and federal systems, the costs of incarcerating an aging prison population can be reduced without threatening public safety.&l;/li&g; &l;/ul&g;&l;ul&g;&l;li&g;&l;strong&g;Improve conditions inside prisons and jails for those aging within them&l;/strong&g;&l;strong&g;.&l;/strong&g; New policies should include training correctional staff to recognize and address age-related issues like hearing loss and cognitive decline and retrofitting prisons to make them more age-friendly.&l;/li&g; &l;li&g;&l;strong&g;Better prepare older people for re-entry from inside prison and increase supports when they come home.&l;/strong&g; Many older returning citizens are unprepared for a world that is far different from the one they left decades before&a;mdash;from navigating today&a;rsquo;s technology to finding age-appropriate housing and accessing health care for chronic conditions. Formerly incarcerated seniors should have support to address the extra obstacles they face re-entering society, including tailored discharge plans, incentivizing kin to take them in, access to public benefits and entitlements or employment, and connecting them to geriatric care.&l;/li&g; &l;li&g;&l;strong&g;Shift the nation&a;rsquo;s response to violence within the criminal justice system&l;/strong&g;&l;strong&g;.&l;/strong&g; The endless punishment model that has led to the current crisis has created a fiscal and ethical dilemma. While accounting for harm done is essential, new research cited in the report reveals that long-term incarceration is not what most survivors of crime actually want, and it wreaks havoc on the families and children of those who age in prison. Authorities should expand the range of services offered to survivors of crime and reduce our reliance on excessively long sentences as the default response to violent crimes.&l;/li&g; &l;/ul&g;

The Osborne Association was founded in the early 20&l;sup&g;th&l;/sup&g; century by prison reformer Thomas Mott Osborne. With its programs, the association tries to reduce crime and its human and economic cost, and provide opportunities for reform and rehabilitation through public education, policy advocacy and alternatives to incarceration. Osborne serves more than 13,000 currently and formerly incarcerated individuals and their children and families across multiple sites in New York City and the Hudson Valley and in more than 30 New York State prisons and New York City jails&a;mdash;Rikers Island is the city&s;s central jail complex, though there are other satellite lockups.

The Osborne Center for Justice Across Generations is the policy arm of the Osborne Association and focuses on two core areas: aging in prison, and children and families affected by incarceration. The Center develops and promotes solutions built on the principles of rehabilitation, restorative justice, reconciliation, relationships and reinvestment. It is supported by data and research grounded in decades of practitioner-based expertise within the criminal justice system as well as affected communities and knowledge of best and promising evidence-based practices across the globe.

For more information on the Osborne Association&a;rsquo;s Elder Reentry Initiative (ERI) that provides comprehensive support for aging people as they return home from New York jails and prisons, click &l;a href=&q;https://www.forbes.com/sites/robinseatonjefferson/2018/05/25/re-integrating-elderly-into-society-after-years-behind-bars/#7bae8c2f48f5&q;&g;here&l;/a&g;.

Saturday, May 26, 2018

Renewable Energy Group Target of Unusually High Options Trading (REGI)

Renewable Energy Group Inc (NASDAQ:REGI) was the target of some unusual options trading activity on Thursday. Stock traders acquired 728 call options on the company. This is an increase of approximately 522% compared to the average daily volume of 117 call options.

Shares of Renewable Energy Group opened at $17.60 on Friday, according to Marketbeat.com. Renewable Energy Group has a one year low of $9.50 and a one year high of $17.85. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.88 and a quick ratio of 1.45.

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Renewable Energy Group (NASDAQ:REGI) last announced its quarterly earnings data on Thursday, March 8th. The oil and gas company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.47). The firm had revenue of $577.26 million during the quarter, compared to the consensus estimate of $535.60 million. Renewable Energy Group had a net margin of 6.23% and a return on equity of 29.89%. analysts anticipate that Renewable Energy Group will post 1.96 EPS for the current fiscal year.

In other Renewable Energy Group news, Director Delbert Christensen bought 7,441 shares of the firm’s stock in a transaction that occurred on Friday, March 16th. The stock was acquired at an average price of $11.60 per share, with a total value of $86,315.60. Following the completion of the transaction, the director now owns 68,756 shares in the company, valued at $797,569.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Chad Stone bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 11th. The stock was acquired at an average cost of $13.73 per share, with a total value of $27,460.00. Following the transaction, the chief financial officer now owns 104,245 shares of the company’s stock, valued at approximately $1,431,283.85. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 29,441 shares of company stock valued at $332,576. 1.97% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Renewable Energy Group during the 1st quarter worth about $131,000. Jane Street Group LLC acquired a new stake in shares of Renewable Energy Group during the 1st quarter worth about $149,000. Teacher Retirement System of Texas acquired a new stake in shares of Renewable Energy Group during the 4th quarter worth about $140,000. Tower Research Capital LLC TRC lifted its stake in shares of Renewable Energy Group by 73.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,887 shares of the oil and gas company’s stock worth $140,000 after buying an additional 5,020 shares during the last quarter. Finally, Millennium Management LLC acquired a new stake in shares of Renewable Energy Group during the 4th quarter worth about $160,000.

REGI has been the subject of a number of analyst reports. ValuEngine raised shares of Renewable Energy Group from a “hold” rating to a “buy” rating in a research report on Monday, May 14th. Roth Capital set a $21.00 price objective on shares of Renewable Energy Group and gave the company a “buy” rating in a research report on Thursday, May 17th. Zacks Investment Research downgraded shares of Renewable Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 10th. Finally, BidaskClub raised shares of Renewable Energy Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 6th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $15.75.

About Renewable Energy Group

Renewable Energy Group, Inc produces and sells biofuels and renewable chemicals in North America. The company operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other segments. It acquires feedstock; and manages construction and operates biomass-based diesel production facilities.

Friday, May 25, 2018

Top 10 Safest Stocks To Buy For 2019

tags:EGBN,UNLVF,SGMA,LGND,PME,CHUY,TA,SON,WEB,TGTX, President Trump took credit Tuesday for "the safest year on record" for U.S. air travel, touting zero deaths in 2017. But there actually haven't been any deaths on a U.S. passenger airline in nearly nine years.

Still, the president took credit for the safety record in a tweet.

"Since taking office I have been very strict on Commercial Aviation. Good news -- it was just reported that there were Zero deaths in 2017, the best and safest year on record!"

There were fatal crashes of commercial planes last year, but they all involved non-U.S. carriers operating overseas. Even after taking those crashes into account, 2017 was still the safest year on record for air travel worldwide.

Since taking office I have been very strict on Commercial Aviation. Good news - it was just reported that there were Zero deaths in 2017, the best and safest year on record!

— Donald J. Trump (@realDonaldTrump) January 2, 2018

The last fatal accident involving a commercial U.S. passenger airline flight was in February 2009, when Colgan Air 3407 crashed in wintery conditions while on approach in Buffalo, killing 49 aboard and one person on the ground.

Top 10 Safest Stocks To Buy For 2019: Eagle Bancorp, Inc.(EGBN)

Advisors' Opinion:
  • [By Ethan Ryder]

    WARNING: “Eagle Bancorp, Inc. (EGBN) Holdings Trimmed by TIAA CREF Investment Management LLC” was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this news story can be read at https://www.tickerreport.com/banking-finance/3353520/eagle-bancorp-inc-egbn-holdings-trimmed-by-tiaa-cref-investment-management-llc.html.

Top 10 Safest Stocks To Buy For 2019: Unilever N.V. (UNLVF)

Advisors' Opinion:
  • [By ]

    In recent weeks, Procter & Gamble (PG) has received a couple of downgrades following its Q3 FY2018 results announcement. In contrast, its peer in the consumer products space, Unilever (UL)(UN)(OTCPK:UNLNF)(OTCPK:UNLYF)(OTCPK:UNLVF), was upgraded by UBS in late March. Investors also cheered the announcement of a fresh ��6 billion ($7.4 billion) stock buyback program and the raising of its quarterly dividend by 8% to ��0.3872/share from ��0.3585. In 2017, Unilever has already completed a ��5 billion share buyback programme.

Top 10 Safest Stocks To Buy For 2019: SigmaTron International, Inc.(SGMA)

Advisors' Opinion:
  • [By Max Byerly]

    Media coverage about SigmaTron International (NASDAQ:SGMA) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SigmaTron International earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 47.5987310031013 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Top 10 Safest Stocks To Buy For 2019: Ligand Pharmaceuticals Incorporated(LGND)

Advisors' Opinion:
  • [By Logan Wallace]

    These are some of the news stories that may have effected Accern Sentiment’s scoring:

    Get Ligand Pharmaceuticals alerts: Ligand Pharmaceuticals (LGND) Insider Sells $1,488,722.03 in Stock (americanbankingnews.com) Geron (GERN) Q1 Loss Narrows Y/Y, Revenues Fall, Shares Down (finance.yahoo.com) Ligand Pharmaceuticals (LGND) Upgraded to A- by TheStreet (americanbankingnews.com) Ligand to Participate in Upcoming Investor Conferences (finance.yahoo.com) Ligand Pharmaceuticals Shows Rising Price Performance With Jump To 87 RS Rating (investors.com)

    A number of research firms recently issued reports on LGND. TheStreet raised Ligand Pharmaceuticals from a “c+” rating to an “a-” rating in a research report on Wednesday. HC Wainwright reissued a “buy” rating and set a $170.00 price objective on shares of Ligand Pharmaceuticals in a research report on Friday, February 2nd. Zacks Investment Research raised Ligand Pharmaceuticals from a “hold” rating to a “buy” rating and set a $171.00 price objective for the company in a research report on Wednesday, February 28th. BidaskClub cut Ligand Pharmaceuticals from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 27th. Finally, Roth Capital lifted their price objective on Ligand Pharmaceuticals from $158.00 to $171.00 and gave the company a “buy” rating in a research report on Monday, February 26th. One research analyst has rated the stock with a sell rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $161.00.

  • [By Logan Wallace]

    Ligand Pharmaceuticals (NASDAQ:LGND) announced its quarterly earnings results on Tuesday. The biotechnology company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.98, Bloomberg Earnings reports. The firm had revenue of $56.16 million during the quarter, compared to analysts’ expectations of $43.02 million. Ligand Pharmaceuticals had a net margin of 8.90% and a return on equity of 14.44%. The company’s revenue for the quarter was up 91.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.57 earnings per share. Ligand Pharmaceuticals updated its FY18 guidance to $4.85 EPS.

Top 10 Safest Stocks To Buy For 2019: Pingtan Marine Enterprise Ltd.(PME)

Advisors' Opinion:
  • [By Stephan Byrd]

    Pingtan Marine Enterprise (NASDAQ:PME) CEO Xinrong Zhuo purchased 50,000 shares of Pingtan Marine Enterprise stock in a transaction on Thursday, May 17th. The shares were acquired at an average price of $3.66 per share, with a total value of $183,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Top 10 Safest Stocks To Buy For 2019: Chuy's Holdings, Inc.(CHUY)

Advisors' Opinion:
  • [By Dan Caplinger]

    As an investor, it's always hard when a company you love doesn't see things go its way. I ate at Tex-Mex chain Chuy's Holdings (NASDAQ:CHUY) original Austin locations hundreds of times during my time in Texas' capital city, and eating at not one but two of its Houston-area restaurants on a recent trip to my hometown was a highlight of my time there. Yet despite my own contributions toward boosting Chuy's sales performance, the company's broader fortunes have remained mixed, and a brutally competitive restaurant industry has made it hard for Chuy's to keep itself moving forward despite its ambitious expansion efforts.

  • [By Motley Fool Staff]

    Chuy's Holdings (NASDAQ:CHUY) Q1 2018 Earnings Conference CallMay. 8, 2018 4:30 p.m. ET

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

    Operator

  • [By Joseph Griffin]

    Chuy’s (NASDAQ:CHUY) had its price target hoisted by BMO Capital Markets from $27.00 to $28.00 in a report published on Wednesday, Marketbeat.com reports. The firm currently has a hold rating on the restaurant operator’s stock.

  • [By Dustin Parrett]

    Here are the top restaurant stocks we've found, with one-year price targets showing gains as high as 74%…

    Restaurant Stocks to Buy, No. 1: Chuy's Holdings Inc. (Nasdaq: CHUY)

    Chuy's Holdings Inc. (Nasdaq: CHUY) is a Texas-based chain of casual Tex-Mex restaurants.

Top 10 Safest Stocks To Buy For 2019: TravelCenters of America LLC(TA)

Advisors' Opinion:
  • [By Lisa Levin] Companies Reporting Before The Bell Tyson Foods, Inc. (NYSE: TSN) is projected to report quarterly earnings at $1.32 per share on revenue of $9.89 billion. Sysco Corporation (NYSE: SYY) is estimated to report quarterly earnings at $0.64 per share on revenue of $14.34 billion. Louisiana-Pacific Corporation (NYSE: LPX) is expected to report quarterly earnings at $0.67 per share on revenue of $692.63 million. Cognizant Technology Solutions Corporation (NASDAQ: CTSH) is estimated to report quarterly earnings at $1.06 per share on revenue of 3.90 billion. Manchester United plc (NYSE: MANU) is estimated to report quarterly loss at $1.35 per share on revenue of $193.67 million. Sempra Energy (NYSE: SRE) is expected to report quarterly earnings at $1.66 per share on revenue of $3.24 billion. Willis Towers Watson Public Limited Company (NYSE: WLTW) is projected to report quarterly earnings at $3.01 per share on revenue of $2.23 billion. Green Plains Inc. (NASDAQ: GPRE) is estimated to report quarterly loss at $0.28 per share on revenue of $922.42 million. TravelCenters of America LLC (NASDAQ: TA) is projected to report quarterly loss at $0.16 per share on revenue of $1.59 billion. Gannett Co., Inc. (NYSE: GCI) is expected to report quarterly earnings at $0.03 per share on revenue of $723.93 million. Welbilt, Inc. (NYSE: WBT) is estimated to report quarterly earnings at $0.11 per share on revenue of $329.71 million. Horizon Pharma Public Limited Company (NASDAQ: HZNP) is projected to report quarterly earnings at $0.07 per share on revenue of $234.17 million.

     

  • [By Stephan Byrd]

    Shares of TransAlta (TSE:TA) (NYSE:TAC) have been given a consensus rating of “Hold” by the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$8.25.

Top 10 Safest Stocks To Buy For 2019: Sonoco Products Company(SON)

Advisors' Opinion:
  • [By Ethan Ryder]

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

  • [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.

Top 10 Safest Stocks To Buy For 2019: Web.com Group, Inc.(WEB)

Advisors' Opinion:
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Fluor Corporation (NYSE: FLR) fell 13.4 percent to $51.10 in pre-market trading after the company reported downbeat earnings for its first quarter and lowered its profit outlook for the year. Integrated Media Technology Limited (NASDAQ: IMTE) fell 9.8 percent to $28.97 in pre-market trading after surging 46.29 percent on Thursday. Gogo Inc. (NASDAQ: GOGO) shares fell 8.2 percent to $8.81 in pre-market trading after the company reported Q1 results and disclosed that it is withdrawing its FY18 outlook for adjusted EBITDA, airborne cash capex, airborne equipment inventory purchases and free cash flow. Sharing Economy International Inc. (NASDAQ: SEII) shares fell 7.5 percent to $3.98 in pre-market trading after climbing 22.16 percent on Thursday. Arista Networks, Inc. (NYSE: ANET) fell 7.4 percent to $248.00 in pre-market trading following first-quarter earnings. Web.com Group, Inc. (NASDAQ: WEB) fell 6.7 percent to $18.00 in pre-market trading after reporting Q1 results. Varex Imaging Corporation (NASDAQ: VREX) fell 5.2 percent to $34 in pre-market trading after reporting Q2 results. Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) shares fell 5.2 percent to $7.60 in pre-market trading after dropping 3.02 percent on Thursday. AMN Healthcare Services, Inc (NYSE: AMN) shares fell 4.7 percent to $61.70 in pre-market trading following Q1 earnings. HSBC Holdings plc (NYSE: HSEA) fell 4.6 percent to $25.15 in pre-market trading after reporting Q1 results. Stratasys Ltd. (NASDAQ: SSYS) shares fell 4 percent to $16.66 in pre-market trading after dropping 2.86 percent on Thursday. Melco Resorts & Entertainment Limited (NASDAQ: MLCO) fell 4 percent to $30.65 in pre-market trading. Century Aluminum Co (NASDAQ: CENX) fell 4 percent to $15.76 in pre-market trading following Q1 results. HSBC Holdings plc (NYSE: HSBC) shares fell 3.5 percent to $48.10 in pre-market tr
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Check-Cap Ltd. (NASDAQ: CHEK) shares dipped 47.8 percent to $4.60. Check-Cap priced its upsized underwritten offering of public units at $5.50 per unit. VivoPower International PLC (NASDAQ: VVPR) shares fell 41.5 percent to $2.57. Universal Electronics Inc. (NASDAQ: UEIC) dropped 35.1 percent to $29.50 after the company posted downbeat quarterly results. Euro Tech Holdings Company Limited (NASDAQ: CLWT) dropped 34.8 percent to $3.75 after climbing 155.56 percent on Thursday. Integrated Media Technology Limited (NASDAQ: IMTE) fell 25.2 percent to $24.01 after surging 46.29 percent on Thursday. Fluor Corporation (NYSE: FLR) dropped 22.5 percent to $45.73 after the company reported downbeat earnings for its first quarter and lowered its profit outlook for the year. AMN Healthcare Services, Inc (NYSE: AMN) shares fell 19.6 percent to $52.075 following Q1 earnings. Adverum Biotechnologies, Inc. (NASDAQ: ADVM) shares declined 18.1 percent to $5.20. Adverum Biotech disclosed that its CEO Amber Salzman is stepping down. Newater Technology, Inc. (NASDAQ: NEWA) dropped 17.2 percent to $12.83. Basic Energy Services, Inc. (NYSE: BAS) fell 17.2 percent to $13.65 following Q1 results. Xperi Corporation (NASDAQ: XPER) declined 15.8 percent to $19.40 after announcing Q1 results. Sharing Economy International Inc. (NASDAQ: SEII) shares fell 15.1 percent to $3.649 after climbing 22.16 percent on Thursday. Performant Financial Corporation (NASDAQ: PFMT) dropped 14.2 percent to $2.65. Gogo Inc. (NASDAQ: GOGO) shares fell 13.2 percent to $8.32 after the company reported Q1 results and disclosed that it is withdrawing its FY18 outlook for adjusted EBITDA, airborne cash capex, airborne equipment inventory purchases and free cash flow. Technical Communications Corporation (NASDAQ: TCCO) dropped 12.2 percent to $5.05. Web.com Group, Inc. (NASDAQ: WEB) fell 9.7 percent

Top 10 Safest Stocks To Buy For 2019: TG Therapeutics, Inc.(TGTX)

Advisors' Opinion:
  • [By Ethan Ryder]

    TG Therapeutics, Inc (NASDAQ:TGTX) was down 6.5% during mid-day trading on Tuesday . The stock traded as low as $11.35 and last traded at $12.57. Approximately 1,971,105 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 1,433,791 shares. The stock had previously closed at $13.45.

Wednesday, May 23, 2018

Bond Investors Burned by Sanctions Creep Back Into Russian Debt

It didn’t take long for the world’s biggest bond investors to decide that Russia isn’t quite such a toxic trade after all.

Less than two months after getting caught out with overweight positions as Russian debt was roiled by a fresh round of U.S. sanctions, some traders are finding their appetite again amid a quiet patch in tensions between Washington and the Kremlin. Russia has outperformed all peers this month and is one of only two countries to post a return in a Bloomberg Barclays index of emerging-market local-currency bonds.

`Safe Haven'

Russian debt has been the only safe place to hide in this month's EM selloff

Source: Bloomberg Barclays EM Local Currency Government Index

.chart-js { display: none; }

Aberdeen Standard Investments and Amundi Asset Management are both bullish on Russian local debt, while veteran investor Jim Rogers says he’s been buying. Analysts at Societe Generale SA say clients are even starting to view Russian markets as a shelter from rising political risks in Turkey and the Eurozone.

“If there’s one thing we expected to hear from clients the least at this juncture, it has to be the good-old paradigm of Russia as the ‘safe haven’ across emerging markets,” SocGen analysts including Yury Tulinov wrote in a research note following investor meetings in London and Paris. “Surprisingly enough, it did come up from time to time, with clients generally proving more constructive than we had anticipated.”

Read more on Russia’s economy and Putin’s global ambitions

The uptick in sentiment is good news for President Vladimir Putin as he gears up to showcase Russia’s investment potential in his hometown at the St. Petersburg International Economic Forum, which starts on Thursday. Investors say the event, as well as Russia’s hosting of the World Cup, is fueling optimism that tensions with the U.S. will be bridled for the next few months.

U.K.’s Ire

The risks that spooked investors when the U.S. targeted Russia’s biggest aluminum producer with sanctions last month haven’t gone away. The U.S. has threatened to impose more penalties over alleged election meddling, while a committee of lawmakers in London is lobbying the U.K. government to push for European Union action barring Russian sovereign debt from international clearing houses.

The difference now is that investors have switched their attention to fundamentals amid an emerging-market rout that’s put a spotlight on the economic fissures in many of Russia’s peers. Unlike Turkey, South Africa and Argentina, Russia is well placed to withstand a rise in global interest rates due to its low debt levels and current-account surplus. The surge toward $80 a barrel in crude oil, Russia’s main export earner, is making that argument even stronger.

“Turkey is blowing up, South Africa has some weakness. On the overall emerging-market level, Russia is one of the more solid stories,” said Viktor Szabo, a money manager who helps oversee $15 billion in emerging-market debt at Aberdeen Standard Investments in London. “The sanctions risk hasn’t gone away, but unless we have a real escalation somewhere, I don’t see it as an imminent threat.”

— With assistance by Ben Bartenstein

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Monday, May 21, 2018

Hot Cheap Stocks To Watch For 2019

tags:PH,SIRI,EMR,KSS,UNH,

Energy has been the world’s best-performing sector this year. Still, investors have been slow in catching up with the pace of analysts’ upgrades.

The MSCI World Energy Sector Index is up 16 percent since oil started rallying in March, yet on a price-to-estimated earnings basis, the sector’s valuation is near its lowest level since 2015.

“Energy stocks score quite favorably on price momentum and especially earnings revisions,” said Max Kettner, a cross asset strategist at Commerzbank AG. “They are still relatively cheap.”

#lazy-img-327798329:before{padding-top:56.25%;}

The reason why P/E ratios haven’t taken off during the stock price rally is because the surge in crude has sparked a wave of profit forecast upgrades from analysts. In Europe, the sector is now expected to post a jump of 24 percent in earnings this year, compared with 12 percent at the start of the year. The still very low valuation ratios signal that investors have been slower than analysts to price in the improvement in the sector’s fundamental metrics as oil rallied, worrying instead about long-term prospects for oil demand.

Hot Cheap Stocks To Watch For 2019: S&P Smallcap 600(PH)

Advisors' Opinion:
  • [By Shane Hupp]

    ClariVest Asset Management LLC reduced its stake in shares of Parker Hannifin (NYSE:PH) by 3.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 122,268 shares of the industrial products company’s stock after selling 3,773 shares during the period. ClariVest Asset Management LLC owned approximately 0.09% of Parker Hannifin worth $20,913,000 at the end of the most recent quarter.

  • [By Max Byerly]

    Barings LLC decreased its holdings in Parker Hannifin (NYSE:PH) by 36.4% in the first quarter, HoldingsChannel reports. The firm owned 26,064 shares of the industrial products company’s stock after selling 14,937 shares during the period. Barings LLC’s holdings in Parker Hannifin were worth $4,458,000 as of its most recent SEC filing.

  • [By Joseph Griffin]

    State Board of Administration of Florida Retirement System reduced its position in Parker Hannifin (NYSE:PH) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,950 shares of the industrial products company’s stock after selling 6,667 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.13% of Parker Hannifin worth $29,580,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Parker Hannifin (PH)

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

  • [By Shane Hupp]

    Barings LLC decreased its holdings in Parker Hannifin (NYSE:PH) by 36.4% in the first quarter, HoldingsChannel reports. The firm owned 26,064 shares of the industrial products company’s stock after selling 14,937 shares during the period. Barings LLC’s holdings in Parker Hannifin were worth $4,458,000 as of its most recent SEC filing.

  • [By Logan Wallace]

    Ardevora Asset Management LLP reduced its stake in shares of Parker Hannifin (NYSE:PH) by 0.5% in the first quarter, HoldingsChannel.com reports. The fund owned 154,400 shares of the industrial products company’s stock after selling 800 shares during the quarter. Ardevora Asset Management LLP’s holdings in Parker Hannifin were worth $26,407,000 as of its most recent filing with the Securities & Exchange Commission.

Hot Cheap Stocks To Watch For 2019: Sirius XM Radio Inc.(SIRI)

Advisors' Opinion:
  • [By ]

    Berkshire's biggest winners in the stock market so far this year are MasterCard Inc. (MA) , up 23%; Sirius XM Holdings Inc. (SIRI) , up 18%; Phillips 66 (PSX) , up 14%; Visa Inc. (V) , up 11%; and Moody's Corp. (MCO) , also up 11%, according to FactSet.

  • [By Lisa Levin] Companies Reporting Before The Bell Thermo Fisher Scientific Inc. (NYSE: TMO) is projected to report quarterly earnings at $2.4 per share on revenue of $5.63 billion. Ford Motor Company (NYSE: F) is expected to report quarterly earnings at $0.41 per share on revenue of $37.16 billion. Twitter, Inc. (NYSE: TWTR) is projected to report quarterly earnings at $0.11 per share on revenue of $605.26 million. Comcast Corporation (NASDAQ: CMCSA) is expected to report quarterly earnings at $0.59 per share on revenue of $22.75 billion. General Dynamics Corporation (NYSE: GD) is estimated to report quarterly earnings at $2.52 per share on revenue of $7.6 billion. The Boeing Company (NYSE: BA) is expected to report quarterly earnings at $2.58 per share on revenue of $22.24 billion. Anthem, Inc. (NYSE: ANTM) is estimated to report quarterly earnings at $4.91 per share on revenue of $22.52 billion. Viacom, Inc. (NASDAQ: VIAB) is projected to report quarterly earnings at $0.79 per share on revenue of $3.04 billion. Northrop Grumman Corporation (NYSE: NOC) is estimated to report quarterly earnings at $3.61 per share on revenue of $6.61 billion. Rockwell Automation Inc. (NYSE: ROK) is expected to report quarterly earnings at $1.81 per share on revenue of $1.66 billion. Wipro Limited (NYSE: WIT) is projected to report quarterly earnings at $0.07 per share on revenue of $2.15 billion. The Goodyear Tire & Rubber Company (NASDAQ: GT) is expected to report quarterly earnings at $0.46 per share on revenue of $3.82 billion. Owens Corning (NYSE: OC) is projected to report quarterly earnings at $0.97 per share on revenue of $1.62 billion. T. Rowe Price Group, Inc. (NASDAQ: TROW) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.29 billion. Dr Pepper Snapple Group, Inc. (NYSE: DPS) is expected to report quarterly earnings at $1.04 per share on revenue of $1.57 billion. Sirius XM Holdings Inc. (NASDAQ: SI
  • [By Joseph Griffin]

    Swiss National Bank cut its position in Sirius XM Holdings (NASDAQ:SIRI) by 13.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,157,758 shares of the company’s stock after selling 818,600 shares during the period. Swiss National Bank owned about 0.11% of Sirius XM worth $32,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Chris Hill]

    Lastly, the Fools answer a classic question from a listener: "When should an investor start taking profits on a multibagger stock? Or should he just hold on forever?" Since the answer to this depends a lot on the company, they both talk generally and address the case of the listener's stock --�Sirius XM (NASDAQ:SIRI)�-- which is up around 500% since he bought it.

  • [By ]

    However, several Buffett stocks chalked up nice gains during the first quarter. The three top performers in Berkshire's portfolio were Sirius XM Holdings (NASDAQ:SIRI), Mastercard (NYSE:MA), and Moody's (NYSE:MCO). Here's what drove these stocks higher -- and what their prospects are for the rest of 2018.

  • [By ]

    Remember, Apple (AAPL) had run because its service-revenue stream made the tech giant part of an elite group of companies. It joined Costco (COST) , Netflix (NFLX) , and SiriusXM (SIRI) , Spotify (SPOT) and Amazon (AMZN) (home of Amazon Prime) as companies that charge you recurring fees that you don't seem to notice or care about. So, Apple's stock no longer represents the tug to the group, and each company has to develop a separate power base away from Cupertino.

Hot Cheap Stocks To Watch For 2019: Emerson Electric Company(EMR)

Advisors' Opinion:
  • [By Max Byerly]

    Flippin Bruce & Porter Inc. decreased its holdings in Emerson Electric (NYSE:EMR) by 33.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,251 shares of the industrial products company’s stock after selling 33,574 shares during the quarter. Flippin Bruce & Porter Inc.’s holdings in Emerson Electric were worth $4,525,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Lisa Levin]

    Analysts at Berenberg upgraded Emerson Electric Co. (NYSE: EMR) from Sell to Hold.

    Emerson Electric shares fell 0.43 percent to close at $69.90 on Monday.

  • [By Benzinga News Desk]

    Former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife, Barbara, a spokesman said Monday: Link

    ECONOMIC DATA Redbook Reports US Retail Sales During First 2 Weeks Of Apr. Up 0.3% MoM, Up 2.8% YoY USA S&P/CaseShiller House Price Index (MoM) for Feb Up 0.7% MoM New home sales report for March will be released at 10:00 a.m. ET. The Conference Board’s consumer sentiment index for April is schedule for release at 10:00 a.m. ET. The Richmond Fed manufacturing index for April will be released at 10:00 a.m. ET. The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET. The Treasury will auction 2-year notes at 1:00 p.m. ET. ANALYST RATINGS Leerink upgraded Cardinal Health (NYSE: CAH) from Market Perform to Outperform Berenberg upgraded Emerson Electric (NYSE: EMR) from Sell to Hold Mizuho downgraded Skyworks (NASDAQ: SWKS) from Buy to Neutral BMO downgraded Texas Roadhouse (NASDAQ: TXRH) from Outperform to Market Perform

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

  • [By Logan Wallace]

    D.A. Davidson & CO. lifted its position in shares of Emerson Electric (NYSE:EMR) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 574,584 shares of the industrial products company’s stock after buying an additional 7,640 shares during the period. Emerson Electric makes up about 0.8% of D.A. Davidson & CO.’s holdings, making the stock its 25th biggest holding. D.A. Davidson & CO.’s holdings in Emerson Electric were worth $39,244,000 at the end of the most recent reporting period.

  • [By Stephan Byrd]

    Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

    Get Emerson Electric alerts: Stocks This Week: Wells Fargo, Emerson Electric and CSX (finance.yahoo.com) Emerson Electric (EMR) & Philips (PHG) Financial Review (americanbankingnews.com) Emerson Electric (EMR) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com) Is It Time To Buy Emerson Electric Co (NYSE:EMR)? (finance.yahoo.com) Emerson Electric: An Autonomous Future (seekingalpha.com)

    EMR has been the topic of a number of research reports. Zacks Investment Research raised shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Thursday, February 8th. UBS initiated coverage on shares of Emerson Electric in a research note on Monday, January 22nd. They issued a “buy” rating and a $73.26 price objective on the stock. Cowen reissued a “buy” rating and issued a $78.00 price objective on shares of Emerson Electric in a research note on Wednesday, April 18th. Stifel Nicolaus increased their price objective on shares of Emerson Electric from $79.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 3rd. Finally, Berenberg Bank raised shares of Emerson Electric from a “sell” rating to a “hold” rating and set a $69.00 price objective on the stock in a research note on Tuesday, April 24th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Emerson Electric has a consensus rating of “Hold” and a consensus price target of $73.00.

  • [By Stephan Byrd]

    Wilkins Investment Counsel Inc. cut its stake in shares of Emerson Electric (NYSE:EMR) by 1.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,625 shares of the industrial products company’s stock after selling 2,015 shares during the quarter. Emerson Electric makes up approximately 2.4% of Wilkins Investment Counsel Inc.’s portfolio, making the stock its 17th biggest position. Wilkins Investment Counsel Inc.’s holdings in Emerson Electric were worth $7,624,000 at the end of the most recent reporting period.

Hot Cheap Stocks To Watch For 2019: Kohl's Corporation(KSS)

Advisors' Opinion:
  • [By ]

    Smith added that the Best Buy-Amazon alliance could be positive, likening it to Kohl's Corp.'s (KSS) deal with Amazon last year, in which Kohl's featured Amazon's Echo and other smart-home products in its stores. It also allowed Amazon returns at certain locations.

  • [By Money Morning Staff Reports]

    Retail stocks have been on a tear lately, causing investors to question whether the retail sector really is doomed. But that could not be farther from the truth, even for a stock like Kohl's Corp. (NYSE: KSS).

  • [By Benzinga News Desk]

    Billionaire hedge funder Dan Loeb is seeing more opportunities to bet against the market this year: Link

    ECONOMIC DATA USA Import Price Index (MoM) for Apr 0.30% vs 0.50% Est; Prior 0.30% The University of Michigan's consumer sentiment index for May is schedule for release at 10:00 a.m. ET. The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET. ANALYST RATINGS JPMorgan upgraded Verizon (NYSE: VZ) from Neutral to Overweight Stifel upgraded Kimbell Royalty Partners (NYSE: KRP) from Hold to Buy Credit Suisse downgraded Kohl's (NYSE: KSS) from Outperform to Neutral BTIG downgraded Symantec (NASDAQ: SYMC) from Buy to Neutral

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

  • [By Shane Hupp]

    Kohl’s (NYSE:KSS) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 29,765,891 shares, a growth of 9.9% from the April 13th total of 27,095,285 shares. Based on an average daily volume of 3,456,427 shares, the days-to-cover ratio is currently 8.6 days. Approximately 17.9% of the company’s stock are short sold.

  • [By ]

    In the mid-level, Boss said that Urban Outfitters (URBN) is recovering, along with Kohl's Stores (KSS) . He also liked PVH (PVH) and Lululemon Athletica (LULU) .

  • [By Asit Sharma]

    To me, the introduction of delightful uncertainty is reminiscent of Kohl's (NYSE:KSS) gamification of shopping. Kohl's features a more stable, predictable, department-store-genre selection of goods. Yet it dangles layers of discounts and promotions, which can then be combined with "Kohl's Cash" (customer rewards generated by prior purchases) to serially reduce the list price of an item at checkout. Both TJX and Kohl's attempt to bolster value with fun, in order to maintain steady traffic into their respective stores.

Hot Cheap Stocks To Watch For 2019: UnitedHealth Group Incorporated(UNH)

Advisors' Opinion:
  • [By Paul Ausick]

    UnitedHealth Group Inc. (NYSE: UNH) traded up 0.37% at $220.41. The stock’s 52-week range is $156.09 to $231.77. Volume was about a 65% below the daily average of around 3 million shares. The company had no specific news.

  • [By Lee Jackson]

    Recently the managers removed AmerisourceBergen Corp (NYSE: ABC) and used the proceeds from the sale to increase the position they already held in Unitedhealth Group Inc. (NYSE: UNH).

  • [By ]

    The market, led by the Nasdaq, showed strong gains on Tuesday, following significant earnings results from Netlix (NFLX)  reported after Monday's close. This morning, Goldman Sachs (GS)  , UnitedHealth (UNH) and Johnson & Johnson (JNJ) also reported strong results as the earnings season heats up.

  • [By Paul Ausick]

    The Dow stock posting the largest daily percentage gain ahead of the close Monday was UnitedHealth Group Inc. (NYSE: UNH) which traded up 1.67% at $242.25. The stock’s 52-week range is $166.65 to $250.79. Volume was about 15% below the daily average of around 3.5 million shares. The company had no specific news.

  • [By Paul Ausick]

    Before the opening bell Tuesday, Dow Jones Industrial Average component UnitedHealth Group Inc. (NYSE: UNH) is expected to report another solid quarter. After all, the company has beat analysts’ earnings estimate for eight straight quarters and revenues in six of those eight.

  • [By Paul Ausick]

    UnitedHealth Group Inc. (NYSE: UNH) traded up 3.08% at $223.90 in a 52-week range of $164.60 to $250.79. Volume of about 3.5 million shares was about 10% below the daily average. The company had no specific news.