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Category: Markets

Markets, News

Hong Kong’s Securities and Futures Commission banned former Goldman Sachs Group, Inc. (NYSE:GS) banker

Posted onJuly 3, 2019July 3, 2019

Hong Kong’s Securities and Futures Commission banned former The Goldman Sachs Group, Inc. (NYSE:GS)banker Tim Leissner from the city’s financial industry for life. Leissner, Goldman …

Markets, News

Symantec Corporation (NASDAQ:SYMC) rocketed 19% in premarket

Posted onJuly 3, 2019July 3, 2019

Shares of Symantec Corporation (NASDAQ:SYMC) rocketed 19% in premarket trading Wednesday, putting them on track to open at a 14-month high, after Bloomberg reported late …

Markets, News

OMNOVA Solutions Inc. (NYSE:OMN) soared 55% in premarket

Posted onJuly 3, 2019July 3, 2019

Shares ofOMNOVA Solutions Inc. (NYSE:OMN) soared 55% to pace all premarket gainers Wednesday, after the specialty chemicals company announced overnight a deal to be acquired …

Markets

Analysts Rating Alert: Ceragon Networks Ltd. (NASDAQ:CRNT)

Posted onJuly 3, 2019July 3, 2019

Oppenheimer analyst George Iwanyc lowered the price target on Ceragon Networks Ltd. (NASDAQ:CRNT) to $3.50 (from $5.00) while maintaining a Outperform rating. The insider ownership …

Markets

Hot Stock: Jones Lang LaSalle Incorporated (NYSE:JLL)

Posted onJuly 3, 2019July 3, 2019

Jones Lang LaSalle Incorporated (NYSE:JLL) announced the appointment of Deborah (Debbie) McAneny and Siddharth N. (Bobby) Mehta as independent, non-executive members of its Board of …

Markets

Analysts Sentiment: The TJX Companies, Inc. (NYSE:TJX)

Posted onJuly 3, 2019July 3, 2019

TJX Companies Inc. (NYSE:TJX) was reiterated as Buy with a $62 price target (versus a $52.96 close) at Argus. The independent research firm noted that …

Markets

Deutsche Bank Aktiengesellschaft (NYSE:DB) expects cost of major overhaul in works to be up to 5 billion euros

Posted onJuly 3, 2019July 3, 2019

Deutsche Bank Aktiengesellschaft (NYSE:DB)expects the cost of a major overhaul in the works to be up to 5 billion euros ($3.4-$5.6 billion), one person familiar …

Markets

Analysts Sentiment: GTT Communications, Inc. (NYSE:GTT)

Posted onJuly 3, 2019July 3, 2019

GTT Communications, Inc. (NYSE:GTT) is facing speedbumps in its journey toward integration of the Interoute acquisition and capitalizing on organic growth opportunities, according to KeyBanc …

Markets

DPW Holdings, Inc. (NYSE:DPW) Tumbles 3.6% in Pre-market

Posted onJuly 3, 2019July 3, 2019

DPW Holdings, Inc. (NYSE:DPW) fell 3.6% in pre-market trading. DPW reported exchange deals for debt totaling $1.4 million. The insider ownership percentage is the key …

Markets

Camber Energy, Inc. (NYSE:CEI) Stock deck 21% in pre-market

Posted onJuly 3, 2019July 3, 2019

Camber Energy, Inc. (NYSE:CEI) fell 21% in pre-market trading after the company reported the approval of 1-for-25 reverse stock split. The insider ownership percentage is …

Business, Markets

Insider buying: MGM Resorts International (NYSE:MGM)

Posted onJuly 3, 2019July 3, 2019

MGM Resorts International (NYSE:MGM)had a director continue to make indirect share purchases this past week. At $27.31 to $28.00 apiece, the more than 488,600 shares …

Markets

Analysts Stance: Nordstrom, Inc. (NYSE:JWN)

Posted onJuly 3, 2019July 3, 2019

High-end fashion retailer Nordstrom, Inc. (NYSE:JWN) faces a “deteriorating” outlook after a survey with consumers point to potential market share losses, according to UBS. UBS …

Markets

JPMorgan Chase & Co. (NYSE:JPM) filed initial building plans for new supertall Midtown East headquarters

Posted onJuly 2, 2019April 21, 2020

JPMorgan Chase & Co. (NYSE:JPM)has filed the initial building plans for its new supertall Midtown East headquarters. The city Department of Buildings filing, spotted by …

Markets

Boeing Co (NYSE:BA) to finish work on updated flight-control software for 737 Max in September

Posted onJuly 2, 2019July 2, 2019

Boeing Co (NYSE:BA)says it expects to finish work on updated flight-control software for the 737 Max in September, a sign that the troubled jet likely …

Markets

Coty Inc. (NYSE:COTY) announced sweeping overhaul of its operations

Posted onJuly 2, 2019July 2, 2019

Coty Inc. (NYSE:COTY)announced a sweeping overhaul of its operations and said it would write down about $3 billion of its intangible assets as it looks …

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