Dallas, Texas 11/05/ 2013 (Financialstrend) - In a report which is released on November 4, 2013, Zacks, reaffirmed its ‘Neutral’ rating on the NextEra Energy (NYSE:NEE)’s stock. At present the stock has a target price of $93. Zacks‘analyst wrote, “NextEra Energy posted mixed results with bottom line beating the Zacks...
Dallas, Texas 11/05/2013 (Financialstrend) - The stock of Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) plunged 7.36% on November 4, 2013 to close the session at $7.93. During the trade the stock opened at $8.63 and surged to $8.67 before touching a day’s low or say, marking new 52 week low...
Dallas, Texas 11/05/2013 (Financialstrend) - Spirit AeroSystems Holdings, Inc. (NYSE:SPR) is an independent non-original equipment manufacturer (OEM) of aircraft parts. The company is also into design and manufacturer of commercial aero structures. They are independent suppliers of aero structures to The Boeing Company (Boeing) and also to Airbus. It is...
Newly launched IPO of Springleaf Holdings, LLC (NYSE:LEAF) Appreciates 10% in First Week
Aaron Lyons -
Dallas, Texas 11/05/2013 (Financialstrend) - The $1.16 billion market capped credit services provider Springleaf Holdings, LLC (NYSE:LEAF) had managed to raise $336 million from its first public offering of close to 21 million of its common stock. The firm had set a price of $16 per share for the...
Dallas, Texas 11/05/2013 (Financialstrend) - Time Warner Cable Inc. (NYSE:TWC) got upgraded by Deutsche Bank yesterday. The trading house has upped its price target for the media stock from existing $109 million to a huge $141 over the next few months. This translates to a 14% premium on its...
Dallas, Texas 11/05/2013 (Financialstrend) - The $4.41 billion market capped railroad operator Trinity Industries Inc. (NYSE:TRN) has been in the hitting the headlines of the financial press for all the right reasons over the past few days. On October 30, post market closure, the company had announced “Highest Quarterly...
Dallas, Texas 11/05/2013 (Financialstrend) - The $9.97 billion market capped industrial goods and textile manufacturer Mohawk Industries Inc. (NYSE:MHK) came out with a block buster 3Q results announcement which indicate the company has hit a purple patch with regards to demand pick up for its products in the housing...
Dallas, Texas 11/05/2013 (Financialstrend) - The $1.44 billion market capped oil and gas drilling / exploration company Bill Barrett Corp. (NYSE:BBG) in the past 10 days has attracted rating upgrades and reiterations from three different rating agencies like Ladenburg Thalmann, Wunderlich and Deutsche Bank. The latest upgrade was by...
Seabridge Gold, Inc. (NYSE:SA) Uses Proceeds from Asset Sale to Push Through Deep Kerr
Rebecca Harrison -
Dallas, Texas 11/01/2013 (Financialstrend) - The $430 million market capitalized Seabridge Gold, Inc. (NYSE:SA) stock continues to take a beating at the browsers while the market analysts continue to provide the company leeway in developing its Deep Kerr mining property. The case in point is the October 8 announcement by...
Marathon Oil Corporation (NYSE:MRO) Announces Major Find Along with 3Q Dividend Payout
Neha Rathod -
Dallas, Texas 11/01/2013 (Financialstrend) - The S&P 500 index covered Marathon Oil Corporation (NYSE:MRO) has a market cap of $25 billion. On October 30, the company provided two positive updates which failed to enthuse the market and the investors. In the first announcement, the oil producer declared 3Q dividend...