The United States steel sector has reached "the end of the line" despite efforts by the Trump administration to revive the industry, UBS told clients on Tuesday, advising investors it may be time to ditch the metal stocks.
Recommendation: Overweight. Target Price: $99.57 (Stock Price: $84.96 as of 12/16/2016, Upside: 17%)
From 2010 to 2015, the dollar store industry has grown from $30.4 billion to $45.3 billion in sales for close to a 50 percent growth rate, far larger than the 17 percent increase in overall retail sales during the same period. The rapidly expanding dollar store industry experienced....More>>>
Qualcomm (QCOM ) , a multinational semiconductor and telecommunications equipment firm, saw its shares drop 4.5% on Thursday. The company has had problems closing a deal with NXP (NXP ) , a Dutch semiconductor company, forcing them to withdraw and refile a previously set merger application with Chinese authorities.
Qualcomm is currently awaiting approval from China, the last of the required....More>>>
Prabhudas Lilladher’s research report on Tata Consultancy Services
TCS delivered a strong set of perfomance for 4QFY18 with a beat on USD revenues and PAT. Revenues at USD4972mn were up 3.9% QoQ and 11.6% YoY and above our estimates (PLe: USD4921mn). Constant currency growth for the stood at 2% and above our ests (Ple: 1.5%). EBIT margin for the quarter came at 25.4% up 20 bps QoQ....More>>>
Marijuana growers are now able to do business legally in over 29 states. With marijuana legalization comes billions of dollars in revenue – something states are happy to collect. For example, Colorado’s legal marijuana sales topped $1 billion last year.
But growing marijuana requires a lot of energy…
Producing just a few pounds of weed can have the same environmental....More>>>
General Motors is replacing the head of its Cadillac brand as the luxury lineup struggles to gain traction in the U.S.
The Detroit-based automaker announced Tuesday that it is appointing Steve Carlisle as GM vice president and president of Cadillac, replacing Johan de Nysschen, “who is leaving the company effective immediately.” Carlisle was previously president and managing director....More>>>
BidaskClub lowered shares of Ameris Bancorp (NASDAQ:ABCB) from a buy rating to a hold rating in a research report report published on Wednesday.
ABCB has been the subject of several other research reports. Zacks Investment Research upgraded shares of Ameris Bancorp from a sell rating to a hold rating in a report on Tuesday, April 3rd. SunTrust Banks boosted their price target on shares of....More>>>
Related CLNE 20 Biggest Mid-Day Losers For Friday Mid-Day Market Update: ConforMIS Gains Following Strong Q3 Results; MDC Partners Shares Drop Clean Energy Fuels Corp. – Bridge Funding For A Bridge Fuel (Seeking Alpha)
Related FRO Earnings Scheduled For November 29, 2016 Mid-Morning Market Update:....More>>>
Prabhudas Lilladher's research report on Tata Consultancy Services
TCS delivered a strong set of perfomance for 4QFY18 with a beat on USD revenues and PAT. Revenues at USD4972mn were up 3.9% QoQ and 11.6% YoY and above our estimates (PLe: USD4921mn). Constant currency growth for th