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FDA approves much-debated Alzheimer’s drug panned by experts
| June 7th, 2021  5:20 PM
FDA approves much-debated Alzheimer’s drug panned by experts
WASHINGTON (AP) — Government health officials on Monday approved the first new drug for Alzheimer’s disease in nearly 20 years, disregarding warnings from independent advisers that the much-debated treatment hasn’t been shown to help slow the brain-destroying disease. The Food and Drug Administration approved the drug from Biogen based on study results showing it seemed “reasonably likely” to benefit Alzheimer's patients.
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FDA approves much-debated Alzheimer’s drug panned by experts
FDA approves much-debated Alzheimer’s drug panned by experts
| June 7th | 2021  5:20PM
FDA approves much-debated Alzheimer’s drug panned by experts
WASHINGTON (AP) — Government health officials on Monday approved the first new drug for Alzheimer’s disease in nearly 20 years, disregarding warnings from independent advisers that the much-debated treatment hasn’t been shown to help slow the brain-destroying disease. The Food and Drug Administration approved the drug from Biogen based on study results showing it seemed “reasonably likely” to benefit Alzheimer's patients.
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Automakers face a threat to EV sales: Slow charging times
Gina McCarthy, Cathy Zoi
| June 7th | 2021  4:59PM
Automakers face a threat to EV sales: Slow charging times
DETROIT (AP) — If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: Fear of running out of juice between Point A and Point B. Automakers have sought to quell those concerns by developing EVs that go farther per charge and fill up faster.
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Oil pipeline foes protest Enbridge's Line 3 in Minnesota
Oil pipeline foes protest Enbridge's Line 3 in Minnesota
| June 7th | 2021  4:51PM
Oil pipeline foes protest Enbridge's Line 3 in Minnesota
SOLWAY, Minn. (AP) — Hundreds of protesters chanting “Stop Line 3!” and “Water is life!” gathered at the headwaters of the Mississippi River in northern Minnesota on Monday, vowing to do whatever it takes to stop a Canadian-based company's plan to replace an aging pipeline that carries oil from Alberta to Wisconsin. …
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Auto, student loans fuel April rise in US consumer borrowing
Auto, student loans fuel April rise in US consumer borrowing
| June 7th | 2021  4:50PM
Auto, student loans fuel April rise in US consumer borrowing
WASHINGTON (AP) — U.S. consumer borrowing rose by $18.6 billion in April, fueled by a big rise in auto and student loans that offset a drop in credit card use. The April gain reported Monday by the Federal Reserve was the third straight month of strong increases in consumer borrowing. It followed a similar $18.6 billion increase in March. …
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US stocks claw back much of an early loss and finish mixed
Heorge Washington
| June 7th | 2021  4:31PM
US stocks claw back much of an early loss and finish mixed
Stocks gave up some of their recent gains Monday, though the selling eased toward the end of the day, leaving the major indexes mixed. The S&P 500 slipped less than 0.1% after having been down 0.3% in the early going. The benchmark index, which is coming off two straight weekly gains, is within 0.2% of the all-time high it reached a month ago.
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US economy: Plenty of growth, not enough workers or supplies
r m
| June 7th | 2021  4:18PM
US economy: Plenty of growth, not enough workers or supplies
WASHINGTON (AP) — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs. Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
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US Concrete, Moderna rise; Autodesk, Nucor fall
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| June 7th | 2021  4:17PM
US Concrete, Moderna rise; Autodesk, Nucor fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: U.S. Concrete Inc., up $16.73 to $73.87. The construction materials company is being bought by Vulcan Materials for $1.29 billion. Autodesk Inc., down $5.89 to $278.89. The design software company is pursuing…
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How major US stock indexes fared Monday
Financial markets news icon
| June 7th | 2021  4:16PM
How major US stock indexes fared Monday
Stocks clawed back much of their early losses and ended mixed on Wall Street Monday. The subdued opening to the week follows several choppy weeks as investors continue to gauge the economy’s recovery and the risks of rising inflation. On Thursday investors will get more information on how much consumer prices rose last month. Technology stocks, banks and industrial companies pulled the broader market lower.
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Stocks slip on Wall Street, pulling back from record highs
Heorge Washington
| June 7th | 2021  3:31PM
Stocks slip on Wall Street, pulling back from record highs
Stocks edged lower in afternoon trading Monday after briefly approaching the record highs they reached a month ago. The quiet opening to the week follows several choppy weeks as investors continue to gauge the economy's recovery and the risks rising inflation. Wall Street faces a relatively light week of economic data, though investors…
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France fines Google for abusing 'dominant' ads position
France fines Google for abusing 'dominant' ads position
| June 7th | 2021  1:09PM
France fines Google for abusing 'dominant' ads position
PARIS (AP) — Google is being fined 220 million euros ($268 million) by France’s antitrust watchdog for abusing its ‘dominant’ position in online advertising. The search engine giant is also promising to overhaul the way its platform is used for buying and selling digital ads, at least in France, which could have repercussions on its ongoing legal fights with regulators elsewhere in Europe, the U.S.
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Fate of planned mine near Okefenokee left to Georgia agency
Fate of planned mine near Okefenokee left to Georgia agency
| June 7th | 2021  12:40PM
Fate of planned mine near Okefenokee left to Georgia agency
FOLKSTON, Ga. (AP) — More than 160 years after her great-great-grandfather settled on a patch of land surrounded by water in the Okefenokee Swamp, Sheila Carter takes visitors on guided canoe tours for firsthand looks at the swamp's abundant alligators and stilt-legged birds wading among blooming water lilies. Even when she's not working,…
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Bosch opens $1.2B semiconductor factory in eastern Germany
Bosch opens $1.2B semiconductor factory in eastern Germany
| June 7th | 2021  12:24PM
Bosch opens $1.2B semiconductor factory in eastern Germany
BERLIN (AP) — German technology company Bosch on Monday opened a 1 billion euro ($1.2 billion) chip factory in the eastern city of Dresden to help meet the growing demand for semiconductors. A global shortage of semiconductors has forced major auto companies such as Volkswagen and BMW to slow vehicle production in recent months. …
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China hosts Southeast Asian ministers as it competes with US
China hosts Southeast Asian ministers as it competes with US
| June 7th | 2021  11:43AM
China hosts Southeast Asian ministers as it competes with US
BEIJING (AP) — China is hosting foreign ministers from 10 Southeast Asian nations this week amid heightened competition between Beijing and Washington for influence in the region. Chinese state media said the meeting Tuesday in the southwestern megacity of Chongqing will cover issues from restoring tourism and other economic exchanges…
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Peloton Posts Gains on New Loop Capital Coverage
Peloton Posts Gains on New Loop Capital Coverage
| June 7th | 2021  11:00AM
Peloton Posts Gains on New Loop Capital Coverage
Peloton (NASDAQ:PTON) posted a 1.2% gain in premarket trading on the strength of new analysis from Loop Capital. Not only have those gains held into this morning's session, but the company has added further momentum and has surged up 5% in this morning's trading session as of this writing. The biggest cause of the gains can be traced back to new coverage…
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3 More Reasons To Invest In The Reopening
3 More Reasons To Invest In The Reopening
| June 7th | 2021  11:00AM
3 More Reasons To Invest In The Reopening
3 Ways To Invest In The Economic Reopening Believe it or not, the post-pandemic economic reopening is upon us.  What this means is more people moving about, going to work, and visiting all those places we’ve longed to visit over the past year. The reopening may take some time to gain momentum, but by the end of the year, we expect the economic picture to look much different than it does now.
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Pros and Cons to Maxing Out Your 401(k)
Pros and Cons to Maxing Out Your 401(k)
| June 7th | 2021  9:00AM
Pros and Cons to Maxing Out Your 401(k)
Someone might at one point have said to you, "You've got to max out your 401(k)! Such a great idea!"  But is it? Your situation might dictate a completely different approach. For example, let's say you have a lot of high-interest debt. In that case, maxing out your 401(k) might not make the most sense for your personal situation. Take a look at the pros and cons of maxing out your 401(k) outlined below.
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Upgrade Your Exposure To E-commerce With These Stocks
Upgrade Your Exposure To E-commerce With These Stocks
| June 7th | 2021  8:00AM
Upgrade Your Exposure To E-commerce With These Stocks
3 Upgrades In e-Commerce Moving The Market Today Digitization, the Internet, and e-commerce are among the biggest winners of the pandemic. Secular trends that had been growing by double-digits were accelerated to high double-digit and even triple-digit paces. As explosive as the growth was over the past year, there is still plenty of room for growth within the space.
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6 Ways to Pay Off Your Mortgage Early
6 Ways to Pay Off Your Mortgage Early
| June 7th | 2021  6:00AM
6 Ways to Pay Off Your Mortgage Early
That mortgage. It sure does hang over your head sometimes, doesn't it? However, with the right mindset and a commitment to pay it off, you can pay off the mortgage early.  It can save you thousands of dollars in the long run if you do decide to make that commitment. Take a look at this example:  You borrowed for a $150,000 home with a 30-year term mortgage at 4% interest.
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G-III Apparel Supplies Earnings Report, Bursts Upward
G-III Apparel Supplies Earnings Report, Bursts Upward
| June 7th | 2021  1:00AM
G-III Apparel Supplies Earnings Report, Bursts Upward
Clothing maker G-III Apparel (NASDAQ:GIII) recently released its earnings report, a move sufficient to drive the company up 5.8% in premarket trading. It's held onto those gains going into this morning's trading session as well, adding further momentum. G-III Apparel group subsidiaries, like DKNY and Donna Karan, helped the company offer up not only…
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3 Oil Services Stocks to Buy Now
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| June 5th, 6:05 AM
3 Oil Services Stocks to Buy Now
The oil and gas industry has been dealing with monumental challenges since the onset of the pandemic. As global energy demand saw unprecedented declines and the clean energy narrative picked up steam, many investors headed for the exit doors in some of the historically best-performing oil stocks. With that said, it seems as though the rumors of the…
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MarketBeat: Week in Review 5/31 – 6/4
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| June 5th, 6:00 AM
MarketBeat: Week in Review 5/31 – 6/4
A short trading week is ending on an upbeat note. The catalyst of the moment is a jobs report that came in not too hot and not too cold. For bullish investors, it means that the long-anticipated “V-shaped” recovery may be upon us. But it also means that the Fed is likely to refrain from taking measures to combat inflation. It’s a fair question to wonder if they should, but right now investors are in a buying mood.
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G-7 nations sign key pact to make tech giants pay fair taxes
G-7 nations sign key pact to make tech giants pay fair taxes
| June 5th, 10:00 AM
G-7 nations sign key pact to make tech giants pay fair taxes
LONDON (AP) — The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax rate of at least 15% in order to deter multinational companies from avoiding taxes by stashing profits in low-rate countries. G-7 finance ministers meeting in London also endorsed proposals to make the world's biggest companies…
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Private equity firms buy Medline for reported $34 billion
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| June 5th, 6:35 PM
Private equity firms buy Medline for reported $34 billion
BOSTON (AP) — A consortium of private equity firms has reached a deal — reportedly worth about $34 billion — to acquire family-run Medline, the medical supply and equipment company announced Saturday. The leveraged buyout's value was reported by The Wall Street Journal, which said the acquiring firms — Blackstone Group, Carlyle Group…
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6 Ways to Pay Off Your Mortgage Early
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| June 7th, 6:00 AM
6 Ways to Pay Off Your Mortgage Early
That mortgage. It sure does hang over your head sometimes, doesn't it? However, with the right mindset and a commitment to pay it off, you can pay off the mortgage early.  It can save you thousands of dollars in the long run if you do decide to make that commitment. Take a look at this example:  You borrowed for a $150,000 home with a 30-year term mortgage at 4% interest.
Read Article
Upgrade Your Exposure To E-commerce With These Stocks
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| June 7th, 8:00 AM
Upgrade Your Exposure To E-commerce With These Stocks
3 Upgrades In e-Commerce Moving The Market Today Digitization, the Internet, and e-commerce are among the biggest winners of the pandemic. Secular trends that had been growing by double-digits were accelerated to high double-digit and even triple-digit paces. As explosive as the growth was over the past year, there is still plenty of room for growth within the space.
Read Article
3 More Reasons To Invest In The Reopening
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| June 7th, 11:00 AM
3 More Reasons To Invest In The Reopening
3 Ways To Invest In The Economic Reopening Believe it or not, the post-pandemic economic reopening is upon us.  What this means is more people moving about, going to work, and visiting all those places we’ve longed to visit over the past year. The reopening may take some time to gain momentum, but by the end of the year, we expect the economic picture to look much different than it does now.
Read Article
NKorean leader calls for meeting to review battered economy
Kim Jong Un
| June 4th, 9:23 PM
NKorean leader calls for meeting to review battered economy
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has presided over a meeting of his ruling party in his first public appearance in about a month, and called for a larger political conference to discuss efforts to salvage a decaying economy. The North’s official Korean Central News Agency said Saturday that Kim expressed appreciation…
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FDA approves much-debated Alzheimer’s drug panned by experts
FDA approves much-debated Alzheimer’s drug panned by experts
| June 7th, 5:20 PM
FDA approves much-debated Alzheimer’s drug panned by experts
WASHINGTON (AP) — Government health officials on Monday approved the first new drug for Alzheimer’s disease in nearly 20 years, disregarding warnings from independent advisers that the much-debated treatment hasn’t been shown to help slow the brain-destroying disease. The Food and Drug Administration approved the drug from Biogen based on study results showing it seemed “reasonably likely” to benefit Alzheimer's patients.
Read Article
Pros and Cons to Maxing Out Your 401(k)
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| June 7th, 9:00 AM
Pros and Cons to Maxing Out Your 401(k)
Someone might at one point have said to you, "You've got to max out your 401(k)! Such a great idea!"  But is it? Your situation might dictate a completely different approach. For example, let's say you have a lot of high-interest debt. In that case, maxing out your 401(k) might not make the most sense for your personal situation. Take a look at the pros and cons of maxing out your 401(k) outlined below.
Read Article
G-7 back steps to deter tax dodging by multinational firms
G-7 back steps to deter tax dodging by multinational firms
| June 5th, 2:47 PM
G-7 back steps to deter tax dodging by multinational firms
LONDON (AP) — The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% to deter multinational companies from avoiding taxes by stashing profits in low-rate countries. G-7 finance ministers meeting in London also endorsed proposals to make the world's biggest companies - including…
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Pipeline foes gear up for large northern Minnesota protests
Pipeline foes gear up for large northern Minnesota protests
| June 7th, 7:16 AM
Pipeline foes gear up for large northern Minnesota protests
SOLWAY, Minn. (AP) — Environmental and tribal groups opposed to Enbridge Energy’s ongoing effort to replace its aging Line 3 crude oil pipeline are planning large protests in northern Minnesota on Monday as the Canadian-based company gears up for a final construction push. Organizers say they expect hundreds of people to participate…
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Private equity firms buy medical equipment giant Medline
Technology news icon
| June 5th, 6:27 PM
Private equity firms buy medical equipment giant Medline
BOSTON (AP) — A consortium of private equity firms has reached a deal to acquire family-run Medline, the medical supply and equipment company announced Saturday. The Wall Street Journal reported that the acquiring firms of the leveraged buyout — Blackstone Group, Carlyle Group and Hellman & Friedman LLC — had beat out a rival bid from Brookfield Asset Management, a Canadian investing firm.
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US economy: Plenty of growth, not enough workers or supplies
r m
| June 5th, 10:03 AM
US economy: Plenty of growth, not enough workers or supplies
WASHINGTON (AP) — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs. Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
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Biden rebuffs GOP infrastructure offer, citing broader goals
Shelley Moore Capito, Pat Toomey, John Barrasso, Roy Blunt
| June 5th, 12:29 AM
Biden rebuffs GOP infrastructure offer, citing broader goals
WASHINGTON (AP) — President Joe Biden has dismissed a fresh Republican infrastructure proposal that offered modestly more spending but fell short of “his objectives to grow the economy,” the White House said. His reaction Friday cast further doubt on the two parties’ prospects for striking compromise on one of the administration’s chief…
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Biden says jobs report bolsters case for government spending
Joe Biden
| June 5th, 12:38 AM
Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going — essentially an argument for his agenda. But the employment numbers issued Friday also hinted at the possible limits of how much government aid can be pumped into the world's largest economy. “We’re on the right track,” Biden said.
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Jeff Bezos riding his own rocket in July, joining 1st crew
Jeff Bezos
| June 7th, 11:04 AM
Jeff Bezos riding his own rocket in July, joining 1st crew
Jeff Bezos will ride his own rocket into space next month, joining the first crew to fly in a Blue Origin capsule. The Amazon founder announced Monday he will launch July 20 from Texas along with his firefighter brother Mark. Also making the 10-minute up-and-down hop will be the highest bidder in a charity auction. Bezos…
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Chinese exports jump, gap with US grows as tensions persist
Chinese exports jump, gap with US grows as tensions persist
| June 7th, 4:49 AM
Chinese exports jump, gap with US grows as tensions persist
BANGKOK (AP) — China's exports and imports surged in May and its politically sensitive surplus with the U.S. grew as the pandemic was waning in important markets in the West. Customs data released Monday showed China’s exports rose 28% from a year earlier and imports soared 51%, but growth was leveling off after the country’s stunning recovery from the slump early in 2020.
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West Virginia gov: Bank deceived family for loan guarantee
West Virginia gov: Bank deceived family for loan guarantee
| June 4th, 7:05 PM
West Virginia gov: Bank deceived family for loan guarantee
CHARLESTON, W.Va. (AP) — In a new court filing, West Virginia Gov. Jim Justice blamed a bankrupt U.K. bank for fraudulently inducing him into personally guaranteeing $700 million in loans that were taken out by his companies. In the amended complaint filed Friday, Justice's family and coal companies claim that Greensill Capital U.K. “perpetrated…
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Daqo New Energy Corp. (NYSE:DQ) Given Consensus Recommendation of "Buy" by Analysts
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| June 7th, 5:29 PM
Daqo New Energy Corp. (NYSE:DQ) Given Consensus Recommendation of "Buy" by Analysts
Daqo New Energy Corp. (NYSE:DQ) has been given a consensus rating of "Buy" by the six research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $84.67.
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Zacks: Brokerages Expect Meritor, Inc. (NYSE:MTOR) Will Post Earnings of $0.47 Per Share
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| June 7th, 5:13 PM
Zacks: Brokerages Expect Meritor, Inc. (NYSE:MTOR) Will Post Earnings of $0.47 Per Share
Wall Street analysts expect Meritor, Inc. (NYSE:MTOR) to announce earnings per share (EPS) of $0.47 for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Meritor's earnings, with the lowest EPS estimate coming in at $0.42 and the highest estimate coming in at $0.51. Meritor posted earnings of ($0.47)…
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-$0.01 EPS Expected for Heska Co. (NASDAQ:HSKA) This Quarter
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| June 7th, 5:13 PM
-$0.01 EPS Expected for Heska Co. (NASDAQ:HSKA) This Quarter
Equities analysts expect Heska Co. (NASDAQ:HSKA) to report earnings of ($0.01) per share for the current quarter, according to Zacks. Three analysts have provided estimates for Heska's earnings, with the highest EPS estimate coming in at $0.14 and the lowest estimate coming in at ($0.15). The company is expected to announce its next quarterly earnings…
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Albany International (NYSE:AIN) Downgraded by Zacks Investment Research
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| June 7th, 4:37 PM
Albany International (NYSE:AIN) Downgraded by Zacks Investment Research
Albany International (NYSE:AIN) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research note issued on Monday, Zacks.com reports. According to Zacks, "Albany International Corp. is a global advanced textiles and materials processing company. Albany International has two core businesses, The Machine Clothing segment…
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PTC (NASDAQ:PTC) Now Covered by Analysts at Rosenblatt Securities
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| June 7th, 4:30 PM
PTC (NASDAQ:PTC) Now Covered by Analysts at Rosenblatt Securities
Equities researchers at Rosenblatt Securities began coverage on shares of PTC (NASDAQ:PTC) in a research report issued on Monday, The Fly reports. The brokerage set a "buy" rating on the technology company's stock.A number of other brokerages have also recently issued reports on PTC. Barclays boosted their price objective on PTC from $145.00 to $161.00 and gave the stock an "overweight" rating in a report on Friday, April 16th.
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ANSYS (NASDAQ:ANSS) Earns Neutral Rating from Analysts at Rosenblatt Securities
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| June 7th, 4:30 PM
ANSYS (NASDAQ:ANSS) Earns Neutral Rating from Analysts at Rosenblatt Securities
Rosenblatt Securities began coverage on shares of ANSYS (NASDAQ:ANSS) in a research note issued on Monday, The Fly reports. The brokerage set a "neutral" rating on the software maker's stock.Other equities research analysts have also recently issued reports about the company. Zacks Investment Research upgraded ANSYS from a "sell" rating to a "hold"…
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Autodesk (NASDAQ:ADSK) Now Covered by Analysts at Rosenblatt Securities
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| June 7th, 4:30 PM
Autodesk (NASDAQ:ADSK) Now Covered by Analysts at Rosenblatt Securities
Equities research analysts at Rosenblatt Securities initiated coverage on shares of Autodesk (NASDAQ:ADSK) in a research note issued to investors on Monday, The Fly reports. The brokerage set a "buy" rating on the software company's stock.A number of other equities research analysts have also issued reports on the company. Barclays boosted their target…
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Credit Suisse Group Increases The Toronto-Dominion Bank (TSE:TD) Price Target to C$87.00
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| June 7th, 4:17 PM
Credit Suisse Group Increases The Toronto-Dominion Bank (TSE:TD) Price Target to C$87.00
The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective increased by analysts at Credit Suisse Group to C$87.00 in a report issued on Monday, Stock Target Advisor reports. The brokerage currently has a "buy" rating on the stock. Credit Suisse Group's price objective suggests a potential downside of 1.08% from the company's previous close.Other equities analysts have also issued reports about the stock.
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Evercore ISI Raises Suncor Energy (TSE:SU) Price Target to C$31.00
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| June 7th, 4:17 PM
Evercore ISI Raises Suncor Energy (TSE:SU) Price Target to C$31.00
Suncor Energy (TSE:SU) (NYSE:SU) had its target price upped by stock analysts at Evercore ISI to C$31.00 in a research report issued on Monday, Stock Target Advisor reports. The firm currently has a "na" rating on the stock. Evercore ISI's price objective points to a potential upside of 1.01% from the company's previous close.Several other research firms have also recently commented on SU.
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Royal Bank of Canada (TSE:RY) Price Target Raised to C$135.00 at Credit Suisse Group
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| June 7th, 4:17 PM
Royal Bank of Canada (TSE:RY) Price Target Raised to C$135.00 at Credit Suisse Group
Royal Bank of Canada (TSE:RY) (NYSE:RY) had its price objective lifted by equities research analysts at Credit Suisse Group to C$135.00 in a research note issued on Monday, Stock Target Advisor reports. The firm presently has a "na" rating on the financial services provider's stock. Credit Suisse Group's price target would suggest a potential upside…
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National Bank of Canada (TSE:NA) Given New C$104.00 Price Target at Credit Suisse Group
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| June 7th, 4:17 PM
National Bank of Canada (TSE:NA) Given New C$104.00 Price Target at Credit Suisse Group
National Bank of Canada (TSE:NA) had its target price lifted by equities researchers at Credit Suisse Group to C$104.00 in a note issued to investors on Monday, Stock Target Advisor reports. The brokerage currently has a "neutral" rating on the financial services provider's stock. Credit Suisse Group's target price indicates a potential upside of 11.85%…
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Credit Suisse Group Increases Laurentian Bank of Canada (TSE:LB) Price Target to C$42.00
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| June 7th, 4:17 PM
Credit Suisse Group Increases Laurentian Bank of Canada (TSE:LB) Price Target to C$42.00
Laurentian Bank of Canada (TSE:LB) had its price target boosted by analysts at Credit Suisse Group to C$42.00 in a report issued on Monday, Stock Target Advisor reports. The firm currently has an "underperform" rating on the stock. Credit Suisse Group's target price points to a potential downside of 5.89% from the stock's current price.Several other research firms also recently commented on LB.
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Credit Suisse Group Boosts Canadian Imperial Bank of Commerce (TSE:CM) Price Target to C$149.00
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| June 7th, 4:17 PM
Credit Suisse Group Boosts Canadian Imperial Bank of Commerce (TSE:CM) Price Target to C$149.00
Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) had its price objective upped by Credit Suisse Group to C$149.00 in a research note issued on Monday, Stock Target Advisor reports. The brokerage currently has a "buy" rating on the stock. Credit Suisse Group's target price would suggest a potential upside of 2.63% from the stock's previous close.A number of other equities research analysts have also recently weighed in on the company.
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Boyd Group Services (TSE:BYD) Rating Reiterated by Laurentian Bank of Canada
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| June 7th, 4:17 PM
Boyd Group Services (TSE:BYD) Rating Reiterated by Laurentian Bank of Canada
Boyd Group Services (TSE:BYD)'s stock had its "buy" rating reiterated by investment analysts at Laurentian Bank of Canada in a research report issued on Monday, Stock Target Advisor reports. They presently have a C$250.00 target price on the stock. Laurentian Bank of Canada's target price would indicate a potential upside of 17.82% from the company's current price.Several other equities analysts have also commented on the stock.
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Credit Suisse Group Boosts Bank of Montreal (TSE:BMO) Price Target to C$138.00
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| June 7th, 4:17 PM
Credit Suisse Group Boosts Bank of Montreal (TSE:BMO) Price Target to C$138.00
Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective lifted by investment analysts at Credit Suisse Group to C$138.00 in a research note issued to investors on Monday, PriceTargets.com reports. The brokerage presently has an "outperform" rating on the bank's stock. Credit Suisse Group's price target would indicate a potential upside of 7.37% from the stock's current price.BMO has been the topic of several other reports.
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The Toronto-Dominion Bank (NYSE:TD) Price Target Increased to C$87.00 by Analysts at Credit Suisse Group
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| June 7th, 4:17 PM
The Toronto-Dominion Bank (NYSE:TD) Price Target Increased to C$87.00 by Analysts at Credit Suisse Group
The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) had its price target upped by equities research analysts at Credit Suisse Group from C$85.00 to C$87.00 in a research report issued to clients and investors on Monday, The Fly reports. The firm currently has an "underperform" rating on the bank's stock.Buying Opportunity on Teladoc Health's Latest Quarter FiguresA number of other brokerages have also commented on TD.
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Royal Bank of Canada (NYSE:RY) Price Target Raised to C$135.00 at Credit Suisse Group
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| June 7th, 4:17 PM
Royal Bank of Canada (NYSE:RY) Price Target Raised to C$135.00 at Credit Suisse Group
Royal Bank of Canada (NYSE:RY) (TSE:RY) had its price target raised by stock analysts at Credit Suisse Group from C$132.00 to C$135.00 in a research note issued to investors on Monday, The Fly reports. The brokerage presently has an "outperform" rating on the financial services provider's stock.RY has been the subject of a number of other reports.…
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JPMorgan Chase & Co. Downgrades Daqo New Energy (NYSE:DQ) to Neutral
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| June 7th, 4:17 PM
JPMorgan Chase & Co. Downgrades Daqo New Energy (NYSE:DQ) to Neutral
Daqo New Energy (NYSE:DQ) was downgraded by equities research analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a report released on Monday, The Fly reports.Several other equities research analysts also recently issued reports on DQ. Roth Capital boosted their price objective on Daqo New Energy from $70.00 to $79.00 and gave the company a "neutral" rating in a report on Tuesday, June 1st.
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Genmab A/S (NASDAQ:GMAB) Stock Rating Reaffirmed by UBS Group
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| June 7th, 4:17 PM
Genmab A/S (NASDAQ:GMAB) Stock Rating Reaffirmed by UBS Group
Genmab A/S (NASDAQ:GMAB)'s stock had its "buy" rating reissued by equities researchers at UBS Group in a note issued to investors on Monday, The Fly reports.Other equities research analysts also recently issued reports about the company. HC Wainwright restated a "buy" rating on shares of Genmab A/S in a research note on Thursday, February 11th. Barclays…
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