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GM exec: Company to announce more battery plants this week
GM exec: Company to announce more battery plants this week
| June 14th | 2021  4:10PM
GM exec: Company to announce more battery plants this week
DETROIT (AP) — The president of General Motors says his company plans to announce more U.S. battery factories later this week. Mark Reuss gave no details of where the factories would be located or exactly what they would manufacture. He spoke in a weekend interview with The Associated Press at an IndyCar race on an island park near downtown…
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Gains for some tech giants nudge S&P to another record high
Gains for some tech giants nudge S&P to another record high
| June 14th | 2021  4:10PM
Gains for some tech giants nudge S&P to another record high
Gains in several big-name tech companies including Apple helped nudge the S&P 500 to another record high Monday, even as other parts of the market faltered. The benchmark index was lower for most of the day, then turned higher in the last 10 minutes of trading, ending up 0.2%. The Nasdaq rose 0.7%, but the Dow Jones Industrial Average and small-company stocks fell.
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Illinois chemical plant explosion, fires prompt evacuations
Illinois chemical plant explosion, fires prompt evacuations
| June 14th | 2021  3:45PM
Illinois chemical plant explosion, fires prompt evacuations
CHICAGO (AP) — An explosion at a northern Illinois chemical plant Monday morning sparked massive fires that sent flames and huge plumes of thick black smoke high into the air and debris raining onto the ground, prompting evacuations. After 7 a.m., emergency crews rushed to the scene of the fire near Rockton, northwest of Chicago, at Chemtool…
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Closing prices for crude oil, gold and other commodities
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| June 14th | 2021  3:43PM
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery fell 3 cents to $70.88 a barrel Monday. Brent crude oil for August delivery rose 17 cents to $72.86 a barrel. Wholesale gasoline for July delivery fell 2 cents to $2.17 a gallon. July heating fell 1 cent to $2.11 a gallon. July natural gas rose 5 cents to $3.35 per 1,000 cubic feet. Gold for August delivery fell $13.70 to $1,865.90 an ounce.
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Minnesota court affirms approval of Line 3 oil pipeline
Minnesota court affirms approval of Line 3 oil pipeline
| June 14th | 2021  3:04PM
Minnesota court affirms approval of Line 3 oil pipeline
ST. PAUL, Minn. (AP) — The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Energy’s Line 3 oil pipeline replacement project, in a dispute that drew over 1,000 protesters to northern Minnesota last week. A three-judge panel ruled 2-1 that the state’s independent Public Utilities Commission correctly…
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Stocks slip on Wall Street, pulling S&P 500 below record
Stocks slip on Wall Street, pulling S&P 500 below record
| June 14th | 2021  2:59PM
Stocks slip on Wall Street, pulling S&P 500 below record
Stocks fell on Wall Street Monday in a sluggish start to the week as investors await the latest take from the Federal Reserve on inflation. The S&P 500 fell 0.2% as of 2:49 p.m. Eastern. The Dow Jones Industrial Average fell 217 points, or 0.6%, to 34,260 and the Nasdaq rose 0.4%. The benchmark S&P 500 is sitting just below its latest record high set on Friday.
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Lordstown Motors' rough road continues; CEO and CFO are out
Lordstown Motors' rough road continues; CEO and CFO are out
| June 14th | 2021  2:14PM
Lordstown Motors' rough road continues; CEO and CFO are out
The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup mount. CEO Steve Burns and Chief Financial Officer Julio Rodriguez stepped down, the company said Monday, sending shares already down 40% this year tumbling more than 17%. The departures were announced on the same day…
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Delicate task for Fed: When to pull back on low-rate support
Delicate task for Fed: When to pull back on low-rate support
| June 14th | 2021  1:18PM
Delicate task for Fed: When to pull back on low-rate support
WASHINGTON (AP) — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first steps toward dialing back its ultra-low interest rate policies. It will be a fraught discussion, one likely to occur over several months. Yet the escalating inflation that has forced consumers…
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Lordstown Motors Investors Get Taken For A Ride
Lordstown Motors Investors Get Taken For A Ride
| June 14th | 2021  12:00PM
Lordstown Motors Investors Get Taken For A Ride
Lordstown Motors Growth Story Falls Apart What was once one of the most promising SPAC-related EV growth stories in the market, Lordstown Motors (NASDAQ: RIDE), may be falling apart. Lordstown Motors’ decline began earlier this year when Hindenburg research released its short report and the fundamental story has only gotten worse since. The…
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Novavax: Large study finds COVID-19 shot about 90% effective
Novavax: Large study finds COVID-19 shot about 90% effective
| June 14th | 2021  11:58AM
Novavax: Large study finds COVID-19 shot about 90% effective
Vaccine maker Novavax said Monday its COVID-19 shot was highly effective against the disease and also protected against variants in a large study in the U.S. and Mexico, potentially offering the world yet another weapon against the virus at a time when developing countries are desperate for doses. The two-shot vaccine was about 90% effective overall, and preliminary data showed it was safe, the American company said.
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Minnesota Court of Appeals affirms state regulators’ approval of Enbridge Energy’s Line 3 oil pipeline replacement
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| June 14th | 2021  11:06AM
Minnesota Court of Appeals affirms state regulators’ approval of Enbridge Energy’s Line 3 oil pipeline replacement
ST. PAUL, Minn. (AP) — Minnesota Court of Appeals affirms state regulators’ approval of Enbridge Energy’s Line 3 oil pipeline replacement.
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Stocks fall in early trading, pulling S&P 500 below record
Stocks fall in early trading, pulling S&P 500 below record
| June 14th | 2021  10:21AM
Stocks fall in early trading, pulling S&P 500 below record
Stocks fell in early trading on Wall Street Monday in a sluggish start to the week as investors await the latest take from the Federal Reserve on inflation. The S&P 500 fell 0.2% as of 10:14 a.m. Eastern. The Dow Jones Industrial Average fell 151 points, or 0.4%, to 34,328 and the Nasdaq rose 0.2%. The benchmark S&P 500 is sitting just below its latest record high set on Friday.
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Chipotle Makes Gains on New Analyst Sentiment
Chipotle Makes Gains on New Analyst Sentiment
| June 14th | 2021  10:00AM
Chipotle Makes Gains on New Analyst Sentiment
Fast-casual restaurant mainstay Chipotle Mexican Grill (NYSE:CMG) notched an extra 1.4% in premarket trading following new word from Raymond James. The gains have held on into this morning's session so far, and have added to the gains posted in premarket trading as well. The financial analyst bumped up its Chipotle stock rating, making it one of the most bullish analyses in the market today.
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 HEXO Corp Is A Growing Concern For Your Portfolio
 HEXO Corp Is A Growing Concern For Your Portfolio
| June 14th | 2021  9:05AM
 HEXO Corp Is A Growing Concern For Your Portfolio
Weak Results Belie HEXO Corp’s Fundamental Strength  HEXO Corp (NYSE: HEXO) has been one of our favorite Canadian cannabis companies for quite some time. The company started as one of Canada's smaller yet better run vertically integrated producers but is about to edge out its larger competitors and claim the number two spot if not…
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Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
| June 14th | 2021  9:00AM
Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
For a fashion, specifically athletic fashion, company, Lululemon (NASDAQ: LULU) is trading very much like a tech stock. Maybe it has to do with them being listed on the tech heavy NASDAQ, but over the past 18 months they’ve traded broadly in line with the likes of Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB), and Google (NASDAQ: GOOGL).  It…
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Why Your Retirement Calculator Might Not Tell the Whole Story
Why Your Retirement Calculator Might Not Tell the Whole Story
| June 14th | 2021  7:00AM
Why Your Retirement Calculator Might Not Tell the Whole Story
I got to thinking about the retirement calculators that automatically pop up when I check my retirement account balances. In my case, I always get a message that says, "You are XX% on track toward your retirement goals."  When you check out an online calculator, you can use them, but remember that a retirement calculator could miss the boat…
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How to Profit From Value Investing
How to Profit From Value Investing
| June 14th | 2021  6:30AM
How to Profit From Value Investing
Simply put, value investing is an investment strategy in which investors look to buy stocks that are on sale. However, that is an oversimplification. Value investors are looking for that are trading below their intrinsic value.   This is an important concept to understand. Intrinsic value is what the company is really worth,…
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3 Top Stocks With Strong Earnings To Add To Your Watch List
3 Top Stocks With Strong Earnings To Add To Your Watch List
| June 14th | 2021  6:00AM
3 Top Stocks With Strong Earnings To Add To Your Watch List
We all know by now that meme stocks aren’t driven by any concerns about fundamentals; however, stocks like Silvergate Capital (NYSE: SI), Aviat Networks (NASDAQ: AVNW) and Denbury (NYSE: DEN) are riding high on the back of exceptionally strong earnings growth.  Typically, investors consider a growth stock to be one whose price zooms higher at a fast pace.
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Ruth’s Chris Stock is Sizzling
Ruth’s Chris Stock is Sizzling
| June 14th | 2021  5:00AM
Ruth’s Chris Stock is Sizzling
Steakhouse operator Ruths Hospitality Group (NASDAQ: RUTH) shares have recovered since the pandemic as it peaked off $28.75 highs. The reopening is well underway as the U.S. puts the pandemic in the rearview mirror with the acceleration of COVID vaccinations. With almost all restaurants open and operating with ever loosening capacity restrictions, the…
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3 New IPO Stocks to Check Out Now
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| June 12th, 6:00 AM
3 New IPO Stocks to Check Out Now
Last year, investors witnessed a booming IPO market that saw a record 407 companies make their public debuts. Some of that momentum has clearly carried over into 2021, as we are still seeing tons of new companies issuing shares to the public for the first time. What’s great about the current IPO market activity is that there are so many exciting new companies to choose from.
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3 Top Stocks With Strong Earnings To Add To Your Watch List
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| June 14th, 6:00 AM
3 Top Stocks With Strong Earnings To Add To Your Watch List
We all know by now that meme stocks aren’t driven by any concerns about fundamentals; however, stocks like Silvergate Capital (NYSE: SI), Aviat Networks (NASDAQ: AVNW) and Denbury (NYSE: DEN) are riding high on the back of exceptionally strong earnings growth.  Typically, investors consider a growth stock to be one whose price zooms higher at a fast pace.
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2 Specialty Retail Stocks to Add to Your Shopping List
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| June 13th, 1:00 AM
2 Specialty Retail Stocks to Add to Your Shopping List
Let’s face it – retail is one of the most competitive industries out there. Consumer preferences are constantly changing and it takes a lot for these types of businesses to earn shoppers’ hard-earned cash. That’s one of the reasons why investing in specialty retail stocks can be a great long-term strategy if you choose wisely.
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MarketBeat: Week in Review 6/5 – 6/11
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| June 12th, 4:00 AM
MarketBeat: Week in Review 6/5 – 6/11
Two themes in the market this week were meme stocks and inflation. And yes, despite meme stocks being inflated well beyond any fundamental metric, these are two different themes. By the way, inflation rose sharply but the market seems not to care. In fact, at the moment, the rise in prices is seen to be transitory in nature. If that’s true, then investors should start seeing normalization ahead.
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Biden sells G-7 on global tax, but U.S. Congress is a hurdle
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
| June 12th, 12:16 AM
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a far tougher sell. White House press secretary Jen Psaki said Friday that leaders of the Group of Seven — which also includes the United Kingdom, France, Canada, Germany, Italy and Japan — agreed with Biden on placing a global minimum tax of at least 15% on large companies.
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 HEXO Corp Is A Growing Concern For Your Portfolio
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| June 14th, 9:05 AM
 HEXO Corp Is A Growing Concern For Your Portfolio
Weak Results Belie HEXO Corp’s Fundamental Strength  HEXO Corp (NYSE: HEXO) has been one of our favorite Canadian cannabis companies for quite some time. The company started as one of Canada's smaller yet better run vertically integrated producers but is about to edge out its larger competitors and claim the number two spot if not…
Read Article
How to Profit From Value Investing
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| June 14th, 6:30 AM
How to Profit From Value Investing
Simply put, value investing is an investment strategy in which investors look to buy stocks that are on sale. However, that is an oversimplification. Value investors are looking for that are trading below their intrinsic value.   This is an important concept to understand. Intrinsic value is what the company is really worth,…
Read Article
Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
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| June 14th, 9:00 AM
Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
For a fashion, specifically athletic fashion, company, Lululemon (NASDAQ: LULU) is trading very much like a tech stock. Maybe it has to do with them being listed on the tech heavy NASDAQ, but over the past 18 months they’ve traded broadly in line with the likes of Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB), and Google (NASDAQ: GOOGL).  It…
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Ruth’s Chris Stock is Sizzling
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| June 14th, 5:00 AM
Ruth’s Chris Stock is Sizzling
Steakhouse operator Ruths Hospitality Group (NASDAQ: RUTH) shares have recovered since the pandemic as it peaked off $28.75 highs. The reopening is well underway as the U.S. puts the pandemic in the rearview mirror with the acceleration of COVID vaccinations. With almost all restaurants open and operating with ever loosening capacity restrictions, the…
Read Article
Apple reaffirms privacy stance amid Trump probe revelations
Apple reaffirms privacy stance amid Trump probe revelations
| June 11th, 8:35 PM
Apple reaffirms privacy stance amid Trump probe revelations
SAN RAMON, Calif. (AP) — Seeking to protect its image as a guardian of personal privacy, Apple maintains it was blindsided and handcuffed by a Trump administration probe that resulted in the company handing over phone data from two Democratic congressmen. Apple delivered its version of events Friday in response to news reports detailing the U.S.
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Pandemic relapse spells trouble for India's middle class
Pandemic relapse spells trouble for India's middle class
| June 12th, 2:53 AM
Pandemic relapse spells trouble for India's middle class
NEW DELHI (AP) — Ram Babu moved from his village to the Indian capital New Delhi in 1980, to clean cars. Soon, he learned to drive and got a job as a tour bus driver. Decades later, he set up his own company, Madhubani Tours and Travels. In March 2020, a stringent nationwide lockdown to fight the coronavirus pandemic froze economic activity overnight.
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Lordstown Motors' rough road continues; CEO and CFO are out
Lordstown Motors' rough road continues; CEO and CFO are out
| June 14th, 2:14 PM
Lordstown Motors' rough road continues; CEO and CFO are out
The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup mount. CEO Steve Burns and Chief Financial Officer Julio Rodriguez stepped down, the company said Monday, sending shares already down 40% this year tumbling more than 17%. The departures were announced on the same day…
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The Latest: Biden takes subtle jabs at Trump at end of G7
The Latest: Biden takes subtle jabs at Trump at end of G7
| June 13th, 10:30 AM
The Latest: Biden takes subtle jabs at Trump at end of G7
The Latest on the Group of Seven nations meeting being held in England: NEWQUAY, England — President Joe Biden is taking a series of subtle jabs at Donald Trump at the end of the Group of Seven summit, suggesting there was a “genuine sense of enthusiasm” among foreign leaders that the United States was engaged on world issues. …
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G-7 leaders agree on vaccines, China and taxing corporations
G-7 leaders agree on vaccines, China and taxing corporations
| June 13th, 1:21 PM
G-7 leaders agree on vaccines, China and taxing corporations
CARBIS BAY, England (AP) — Leaders of the Group of Seven wealthy nations staked their claim Sunday to leading the world out of the coronavirus pandemic and crisis, pledging more than 1 billion coronavirus vaccine doses to poorer nations, vowing to help developing countries grow while fighting climate change and backing a minimum tax on multinational…
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Why Your Retirement Calculator Might Not Tell the Whole Story
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| June 14th, 7:00 AM
Why Your Retirement Calculator Might Not Tell the Whole Story
I got to thinking about the retirement calculators that automatically pop up when I check my retirement account balances. In my case, I always get a message that says, "You are XX% on track toward your retirement goals."  When you check out an online calculator, you can use them, but remember that a retirement calculator could miss the boat…
Read Article
Lordstown Motors Investors Get Taken For A Ride
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| June 14th, 12:00 PM
Lordstown Motors Investors Get Taken For A Ride
Lordstown Motors Growth Story Falls Apart What was once one of the most promising SPAC-related EV growth stories in the market, Lordstown Motors (NASDAQ: RIDE), may be falling apart. Lordstown Motors’ decline began earlier this year when Hindenburg research released its short report and the fundamental story has only gotten worse since. The…
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Minnesota court affirms approval of Line 3 oil pipeline
Minnesota court affirms approval of Line 3 oil pipeline
| June 14th, 3:04 PM
Minnesota court affirms approval of Line 3 oil pipeline
ST. PAUL, Minn. (AP) — The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Energy’s Line 3 oil pipeline replacement project, in a dispute that drew over 1,000 protesters to northern Minnesota last week. A three-judge panel ruled 2-1 that the state’s independent Public Utilities Commission correctly…
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The Latest: Biden hints he could change Trump-era tariffs
The Latest: Biden hints he could change Trump-era tariffs
| June 13th, 10:58 AM
The Latest: Biden hints he could change Trump-era tariffs
The Latest on the Group of Seven nations meeting being held in England: NEWQUAY, England — President Joe Biden is hinting that he could make a change to the steel and aluminum tariffs originally imposed during the Trump administration. Asked Sunday at a news conference how Biden justified the tariffs to European allies…
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AP Interview: Iraq oil minister says gas sector a priority
Ihsan Abdul-Jabbar Ismael
| June 11th, 11:26 PM
AP Interview: Iraq oil minister says gas sector a priority
BAGHDAD (AP) — Iraq’s oil sector is rebounding after a catastrophic year triggered by the coronavirus pandemic, with key investment projects on the horizon, Iraq's oil minister said Friday. But he also warned that an enduring bureaucratic culture of fear threatens to stand in the way. Iraq is currently trading oil at $68 per barrel,…
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Roche (OTCMKTS:RHHBY) Stock Rating Reaffirmed by Berenberg Bank
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| June 14th, 4:13 PM
Roche (OTCMKTS:RHHBY) Stock Rating Reaffirmed by Berenberg Bank
Roche (OTCMKTS:RHHBY)'s stock had its "hold" rating reiterated by analysts at Berenberg Bank in a research report issued to clients and investors on Monday, The Fly reports.Other equities research analysts have also issued research reports about the company. Societe Generale lowered Roche from a "buy" rating to a "hold" rating in a research note on Wednesday, June 2nd.
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Protagonist Therapeutics (NASDAQ:PTGX) Reaches New 12-Month High Following Analyst Upgrade
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| June 14th, 4:11 PM
Protagonist Therapeutics (NASDAQ:PTGX) Reaches New 12-Month High Following Analyst Upgrade
Protagonist Therapeutics, Inc. (NASDAQ:PTGX) hit a new 52-week high during mid-day trading on Monday after Northland Securities raised their price target on the stock from $42.00 to $47.00. Northland Securities currently has an outperform rating on the stock. Protagonist Therapeutics traded as high as $41.04 and last traded at $40.92, with a volume of 10282 shares changing hands.
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Hub Group Target of Unusually Large Options Trading (NASDAQ:HUBG)
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| June 14th, 4:11 PM
Hub Group Target of Unusually Large Options Trading (NASDAQ:HUBG)
Hub Group, Inc. (NASDAQ:HUBG) was the target of some unusual options trading on Monday. Investors bought 3,192 call options on the stock. This represents an increase of 1,358% compared to the average volume of 219 call options.Several analysts recently commented on the company. Wells Fargo & Company upped their target price on Hub Group from $65.00 to $81.00 and gave the company an "overweight" rating in a report on Monday, March 8th.
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Investors Purchase Large Volume of Call Options on Petco Health and Wellness (NASDAQ:WOOF)
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| June 14th, 4:11 PM
Investors Purchase Large Volume of Call Options on Petco Health and Wellness (NASDAQ:WOOF)
Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) was the recipient of unusually large options trading on Monday. Stock investors acquired 80,778 call options on the stock. This represents an increase of 1,111% compared to the average volume of 6,673 call options.Petco Health And Wellness Company Pulls Back After Strong QuarterIn other news, major…
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WPP's (WPP) Add Rating Reaffirmed at Numis Securities
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| June 14th, 4:07 PM
WPP's (WPP) Add Rating Reaffirmed at Numis Securities
WPP (LON:WPP)'s stock had its "add" rating restated by Numis Securities in a research report issued to clients and investors on Monday, Digital Look reports. They currently have a GBX 1,108 ($14.48) target price on the stock. Numis Securities' price target would indicate a potential upside of 10.58% from the company's current price.Several other research firms have also recently weighed in on WPP.
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BRP (NASDAQ:DOOO) Research Coverage Started at BNP Paribas
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| June 14th, 4:07 PM
BRP (NASDAQ:DOOO) Research Coverage Started at BNP Paribas
Research analysts at BNP Paribas began coverage on shares of BRP (NASDAQ:DOOO) in a research note issued on Monday, Stock Target Advisor reports. The firm set an "outperform" rating and a $133.00 price target on the stock. BNP Paribas' price objective would indicate a potential upside of 72.37% from the company's current price.Several other equities analysts also recently commented on DOOO.
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Zacks: Brokerages Expect 360 DigiTech, Inc. (NASDAQ:QFIN) to Announce $0.98 Earnings Per Share
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| June 14th, 3:12 PM
Zacks: Brokerages Expect 360 DigiTech, Inc. (NASDAQ:QFIN) to Announce $0.98 Earnings Per Share
Wall Street brokerages expect that 360 DigiTech, Inc. (NASDAQ:QFIN) will announce earnings of $0.98 per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for 360 DigiTech's earnings. 360 DigiTech reported earnings of $0.88 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 11.4%.
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Tabula Rasa HealthCare, Inc. (NASDAQ:TRHC) Expected to Post Earnings of $0.01 Per Share
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| June 14th, 3:11 PM
Tabula Rasa HealthCare, Inc. (NASDAQ:TRHC) Expected to Post Earnings of $0.01 Per Share
Brokerages forecast that Tabula Rasa HealthCare, Inc. (NASDAQ:TRHC) will report $0.01 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Tabula Rasa HealthCare's earnings. The lowest EPS estimate is ($0.05) and the highest is $0.08. Tabula Rasa HealthCare reported earnings of…
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Protagonist Therapeutics, Inc. (NASDAQ:PTGX) Expected to Announce Earnings of -$0.40 Per Share
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| June 14th, 3:11 PM
Protagonist Therapeutics, Inc. (NASDAQ:PTGX) Expected to Announce Earnings of -$0.40 Per Share
Brokerages expect that Protagonist Therapeutics, Inc. (NASDAQ:PTGX) will report ($0.40) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Protagonist Therapeutics' earnings, with the lowest EPS estimate coming in at ($0.69) and the highest estimate coming in at $0.37.
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Lamb Weston Holdings, Inc. (NYSE:LW) Expected to Announce Earnings of $0.45 Per Share
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| June 14th, 3:11 PM
Lamb Weston Holdings, Inc. (NYSE:LW) Expected to Announce Earnings of $0.45 Per Share
Analysts expect Lamb Weston Holdings, Inc. (NYSE:LW) to report earnings per share of $0.45 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Lamb Weston's earnings, with estimates ranging from $0.43 to $0.47. Lamb Weston reported earnings per share of ($0.01) during the same quarter last year, which would suggest a positive year over year growth rate of 4,600%.
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Short Interest in Ares Management Co. (NYSE:ARES) Drops By 40.8%
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| June 14th, 3:10 PM
Short Interest in Ares Management Co. (NYSE:ARES) Drops By 40.8%
Ares Management Co. (NYSE:ARES) saw a significant drop in short interest in the month of May. As of May 28th, there was short interest totalling 1,190,000 shares, a drop of 40.8% from the May 13th total of 2,010,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.0% of the company's shares are short sold.
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LG Display (NYSE:LPL) Rating Lowered to Neutral at JPMorgan Chase & Co.
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| June 14th, 3:09 PM
LG Display (NYSE:LPL) Rating Lowered to Neutral at JPMorgan Chase & Co.
LG Display (NYSE:LPL) was downgraded by stock analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a research note issued to investors on Monday, Briefing.com reports.LPL has been the subject of a number of other research reports. Zacks Investment Research upgraded LG Display from a "hold" rating to a "strong-buy" rating and set a $13.00 target price for the company in a report on Saturday, April 24th.
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Cogent Communications Holdings, Inc. (NASDAQ:CCOI) CFO Sells $76,600.00 in Stock
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| June 14th, 2:36 PM
Cogent Communications Holdings, Inc. (NASDAQ:CCOI) CFO Sells $76,600.00 in Stock
Cogent Communications Holdings, Inc. (NASDAQ:CCOI) CFO Sean Robert Wallace sold 1,000 shares of the stock in a transaction dated Friday, June 11th. The stock was sold at an average price of $76.60, for a total transaction of $76,600.00. Following the completion of the transaction, the chief financial officer now owns 20,600 shares of the company's stock, valued at $1,577,960.
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Insider Selling: MGP Ingredients, Inc. (NASDAQ:MGPI) Director Sells 3,000 Shares of Stock
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| June 14th, 2:36 PM
Insider Selling: MGP Ingredients, Inc. (NASDAQ:MGPI) Director Sells 3,000 Shares of Stock
MGP Ingredients, Inc. (NASDAQ:MGPI) Director Karen Seaberg sold 3,000 shares of the company's stock in a transaction on Thursday, June 10th. The stock was sold at an average price of $74.85, for a total transaction of $224,550.00. Following the completion of the transaction, the director now owns 1,114 shares of the company's stock, valued at $83,382.90.
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Kirk A. Zambetti Sells 3,000 Shares of YETI Holdings, Inc. (NYSE:YETI) Stock
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| June 14th, 2:36 PM
Kirk A. Zambetti Sells 3,000 Shares of YETI Holdings, Inc. (NYSE:YETI) Stock
YETI Holdings, Inc. (NYSE:YETI) SVP Kirk A. Zambetti sold 3,000 shares of the business's stock in a transaction that occurred on Thursday, June 10th. The stock was sold at an average price of $95.00, for a total value of $285,000.00. Following the completion of the transaction, the senior vice president now directly owns 31,007 shares in the company, valued at $2,945,665.
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Insider Selling: Littelfuse, Inc. (NASDAQ:LFUS) Director Sells 1,374 Shares of Stock
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| June 14th, 2:36 PM
Insider Selling: Littelfuse, Inc. (NASDAQ:LFUS) Director Sells 1,374 Shares of Stock
Littelfuse, Inc. (NASDAQ:LFUS) Director Nathan Zommer sold 1,374 shares of the business's stock in a transaction on Thursday, June 10th. The stock was sold at an average price of $258.46, for a total transaction of $355,124.04. Following the completion of the sale, the director now owns 260,436 shares in the company, valued at approximately $67,312,288.56.
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Insider Selling: Avista Co. (NYSE:AVA) Director Sells 9,775 Shares of Stock
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| June 14th, 2:36 PM
Insider Selling: Avista Co. (NYSE:AVA) Director Sells 9,775 Shares of Stock
Avista Co. (NYSE:AVA) Director Kristianne Blake sold 9,775 shares of the company's stock in a transaction that occurred on Thursday, June 10th. The shares were sold at an average price of $45.15, for a total value of $441,341.25. Following the completion of the sale, the director now owns 9,477 shares in the company, valued at approximately $427,886.55.
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Hormel Foods Co. (NYSE:HRL) Director Sells $798,959.70 in Stock
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| June 14th, 2:36 PM
Hormel Foods Co. (NYSE:HRL) Director Sells $798,959.70 in Stock
Hormel Foods Co. (NYSE:HRL) Director Susan K. Nestegard sold 16,470 shares of the business's stock in a transaction on Friday, June 11th. The shares were sold at an average price of $48.51, for a total transaction of $798,959.70. Following the sale, the director now directly owns 90,901 shares of the company's stock, valued at $4,409,607.51. The sale…
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Julien Mininberg Sells 5,344 Shares of Helen of Troy Limited (NASDAQ:HELE) Stock
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| June 14th, 2:36 PM
Julien Mininberg Sells 5,344 Shares of Helen of Troy Limited (NASDAQ:HELE) Stock
Helen of Troy Limited (NASDAQ:HELE) CEO Julien Mininberg sold 5,344 shares of Helen of Troy stock in a transaction on Friday, June 11th. The stock was sold at an average price of $226.66, for a total transaction of $1,211,271.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. NASDAQ HELE traded down $5.09 on Monday, hitting $222.77.
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