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Gentex Corporation (GNTX) Upgraded to Hold by Zacks Investment Research

Several institutional investors have recently modified their holdings of GNTX. Gentex Corporation had its "outperform" rating reiterated by analysts at FBR Capital Markets. During the same period in the prior year, the company earned $0.30 EPS. The company now has an average rating of "Hold" and an average price target of $19.86.

Business

Google-overlord Alphabet's stiff growth fails to satisfy investors

Google reported an operating profit of $7.8bn for the quarter, up from $6.7bn past year. Whilst "Other Bets" is only a small proportion of the business as a whole, it represents a strong future in a number of diverse markets. It seems beating analysts' revenue expectations wasn't enough for Wall Street though: Alphabet's stock price was trading down roughly 2.5% (about $20) in after-hours trading.

Business

Google parent Alphabet's shares drop as earnings miss expectations

The company also reported Google related revenues of $25.8 Billion, over $21 Billion last FY end. "EPS missed consensus estimates on a one-time charge and a higher tax in the quarter, adjusted for which both GAAP EPS and NEPS were ahead", said analyst Youssef Squali of Cantor Fitzgerald.

Business

United Nations urges Trump to keep door open for refugees

America is against you. Ask the State Department and Department of Homeland Security to prioritize refugee admission "on the basis of religious-based persecution", provided that said religion is a minority faith in the refugee's nation.

Business

Refugees Detained At US Airports After Trump Signed Executive Order

The two refugees detained at JFK both have ties to the US, according to the Times' report. Though they were given permission to settle here by the U.S. He added, "These are people with valid visas and legitimate refugee claims who have already been determined by the State Department and the Department of Homeland Security to be admissible and to be allowed to enter the US and now are being unlawfully detained".

Business

Stock Continues Its Ascent, Reaching New High: Emerson Electric Co. (NYSE:EMR)

A number of hedge funds and other institutional investors have recently bought and sold shares of GE. Shares of Emerson Electric Company ( NYSE:EMR ) opened at 60.14 on Friday. Investors of record on Tuesday, December 27th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.17%.

Business

Mexico's Peña Nieto cancels meeting with President Trump over wall impasse

Pressure for Nieto to call off the White House visit, originally scheduled for Tuesday, January 31, spiked after Trump signed the order to build the wall, which - beyond repeatedly asking for payment - is seen as deeply offensive to the country, and the culmination of Trump's barbed rhetoric toward Mexico on both immigration and trade.

Business

San Francisco Sentry Investment Group CA Decreases Position in Celgene Corporation (CELG)

Celgene Corporation has a 1-year low of $93.05 and a 1-year high of $127.00. The rating firm issued a Hold rating to this company in a research note released on Nov 09, 2016. If you are reading this report on another website, it was illegally copied and republished in violation of worldwide trademark and copyright legislation.

Business

Celebrity Big Brother 2017: FIVE face eviction after face to face nominations

It looks like the Celebrity Big Brother contestant has been hiding a health problem on Celebrity Big Brother . Jamie was having a heart-to-heart with Nicola in the evening and said: "I feel like I've been put in a situation in the outside...

Business

Steady Industrial Goods Move: Northrop Grumman Corporation's (NOC)

They now have a United States dollars 260 price target on the stock. 10/29/2015 - Northrop Grumman Corporation was downgraded to "peer perform" by analysts at Wolfe Research. Check back later for our full write up on this NOC earnings report later! If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S.

Business

Alphabet's life sciences company Verily takes $800 million from Singapore investment company

Alphabet's health-focused subsidiary Verily, formerly Google Life Sciences before the great corporate alphabetization, has received an $800 million investment from Temasek , the majority of which is to be delivered mostly over the next few days, with a smaller portion of funding coming in the second half of 2017.

Business

Google's Non-Advertising Revenue Rises 62%

Pichai said in an interview that the company is prioritizing YouTube and integrating more machine learning to improve content and advertising. Google's ad revenue , which accounts for the bulk of its business, rose 17.4 per cent to US$22.40 billion in the fourth quarter.

Business

Analyst Earnings Estimates Review: Janus Capital Group, Inc. (NYSE:JNS)

Janus Capital Group Inc .is a leading asset manager offering individual investors and institutional clients complementary asset management disciplines through the firms global distribution network. The company also recently declared a quarterly dividend, which will be paid on Friday, February 17th. The ex-dividend date of this dividend is Thursday, February 2nd.

Business

Government to look into complaints of Aadhaar centres charging fee

Aadhar enrolment jumped to 7-8 lakh requests a day post demonetization from 5-6 lakh requests a day previously. Since demonetisation, Aadhaar enrolment and update requests have been in the range of 7-8 lakh per day. The AEPS helps banking correspondents to go to the doorsteps in villages to facilitate banking transactions with the help of Micro-ATMs linked with Aadhaar.

Business

Alphabet's moonshots are making more money, still aren't profitable

On Thursday, Google parent Alphabet Inc. posted fourth-quarter profit below analysts' estimates . That was driven by a one-time tax payment in the latest quarter, the Alphabet executive said . As mobile targeting technology advances, a larger percentage of advertising budgets will be allocated to mobile ad formats and Google are well positioned to do well.

Business

Patterson-UTI Energy, Inc.'s (PTEN)

The company reported ($0.58) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.60) by $0.02. The Return on Assets stands at -7.3%, Return on Equity shows -12.7% and Return on Investment value is -7.6%. (NASDAQ:PTEN)'s latest quarter, EPS moved to $-0.57 from $-0.56 in preceding quarter and revenues reached at $206.13M compared to $193.91M. The company has a market capitalization of $4.21 Billion.

Business

Federal court blocks state redistricting plan

The Wisconsin case specifically involves the State Assembly, but those districts inform State Senate districts, as each Senate parcel is made up of three Assembly districts. "The state was asking - 'hey let's just hold off until after the Supreme Court rules and that way we won't have to redraw the maps unless we really need to, '" said UW Political Science Chair David Canon.

Business

Stock Volume Ratcheting Up Mid-Session For Cisco Systems, Inc. (NASDAQ:CSCO)

The number of shares now owned by investors are 4.08 bln. Cisco made the deal with an eye toward boosting its enterprise software product lineup. Stock monthly performance is recorded as -11.79% while its performance in last 5 sessions is -2.81%.

Business

Revenue Estimates Analysis of: Discovery Communications, Inc. (NASDAQ:DISCK)

They now have a Dollars 23 price target on the stock. Canaccord Genuity reaffirmed a buy rating on shares of Nuance Communications in a research report on Friday, November 18th. During the same quarter in the prior year, the business earned $0.47 EPS. The firm's revenue was down.2% compared to the same quarter previous year. Investment analysts at FBR & Co lifted their FY2016 EPS estimates for shares of Discovery Communications in a report issued on Tuesday.

Business

Burning Stock on the move: Cypress Semiconductor Corporation (NASDAQ:CY)

The buoyancy in the outlook of ON Semiconductor Corporation (ON) is getting stronger by the somewhat negative sentiment (1.90 on a 5-point scale) that sell-side analysts have provided concerning it. Cypress Semiconductor Corporation got Initiated on 19-Dec-16 where investment firm BofA/Merrill Initiated the stock to Buy. Also, Director Eric Benhamou sold 50,000 shares of the business's stock in a transaction on Monday, December 19th.

Business

Most Active Volume Stock: Huntington Bancshares Incorporated (NASDAQ:HBAN)

The company's stock has a Return on Assets (ROA) of 0.7 percent, a Return on Equity (ROE) of 1.2 percent and Return on Investment (ROI) of 2.1 percent. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.16% with $1.07 Billion sitting short, betting on future declines.

Business

Tencor Corporation (NASDAQ:KLAC) Consensus Earnings Outlook

The company had revenue of $877.00 million for the quarter, compared to analysts expectations of $838.99 million. During the same quarter in the previous year, the company posted $1.04 earnings per share. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . The shares were sold at an average price of $79.17, for a total transaction of $2,770,950.00.

Business

Baker Hughes oil rig count rises to 566 from 551 last

Including one miscellaneous rig, the overall rig count now totals 712, surpassing last year's rig count of 619. US crude collapsed from over $107 a barrel in June 2014 to near $26 in February 2016. The increase was the largest since the week of April 12, 2013, when there was a weekly increase of 30. That spending increase in 2017 followed an estimated 48 percent decline in 2016 and a 34 percent decline in 2015, Cowen said, according to the 65 E&P companies it tracks.

Business

Trump Support Spurs TransCanada to Refile Keystone XL

The pipeline would ship oil 1,900 kilometres from Alberta to Steele City, Neb., where it would connect with other lines leading to refineries along the U.S. TransCanada said in a statement on Tuesday it was preparing its application for a presidential permit after Trump endorsed the project. He said unknowns include Trump's demands for better terms from the company, changes in capital costs, changes in contracting and whether there will be any court challenges.

Business

Analyst Earnings Forecast Coverage: Air Products and Chemicals, Inc. (NYSE:APD)

Also, four analysts surveyed by Zacks pegged the company's revenue at $1.96 billion. Excluding items such as business separation costs, earnings rose to $1.47 a share from $1.35 a share previous year. During the same period in the prior year, the business posted $1.78 EPS. The company also raised its quarterly dividend by 10.5% to 95 cents from 86 cents.

Business

Donald Trump Still Believes Voter Fraud Occurred During the Election

One commentator on CNN suggested he was either lying or delusional, and many are branding the allegation simply false and its continued assertion by the president troubling. Trump's comments on voter fraud came Monday during a meeting with congressional leaders, where he reiterated an unsubstantiated claim that 3-5 million illegal votes cost him the popular vote , according to two sources familiar with the meeting.

Business

Unemployment Insurance Claims Were Higher Last Week

The number of unemployed residents rose by 115 to 3,724, while the number of employed rose by 81 to 57,541. Statewide, Georgia's seasonally-adjusted unemployment rate for December was 5.4 percent, up from 5.3 percent in November. Over the year, claims were down by 902, or 44.8 percent, from 2,014 in December 2015. It was 5.5 percent in December 2015. It was up slightly from 4.8 percent in November.

Business

Trump name-checks dubious, fact-free source in voter fraud claim

Phillips and his team still haven't offered any evidence to back up their claims . Minutes later, apparently convinced, President Trump tweeted approvingly. His VoteStand app asks people to report "all visual evidence of voter fraud". Number of non-citizen votes exceeds 3 million. "This will be released to the people in full form, raw data, methodology, outcomes, outputs, everything, when we're done, when we release it to the people", he said.

Business

Trump to restrict refugees, USA media say

According to The Hill , the order suspends anyone from countries including Iraq , Syria , Iran , Sudan, Libya, Somalia and Yemen from entering the USA, effective 30 days after it is signed. Both issues were among the most contentious pledges at the forefront of Trump's electoral drive-the building of a border wall to the south and his "total and complete shutdown" on Muslim immigrants.

Business

Canadian Auto Union Blasts GM for Moving Work to Mexico

The company recently announced it was shifting production of the GMC Terrain to Mexico. "There is no justification for layoffs at the CAMI facility". While this news doesn't concern USA employees, it does come three weeks after President Donald Trump put GM on notice for importing cars to the US from Mexico.

Business

Trump and May cosy up in UK-US meeting

The White House then later said Mr Trump was considering imposing a 20% tax on Mexican imports to cover the cost of building the wall, which caused the peso to plummet and furthered damaged relations between the neighbours. "I will be representing the American people very, very strongly". He said he "expressed Congress's interest in moving forward with bilateral trade talks".

Business

Britain's Theresa May says Queen Elizabeth invited Trump for state visit

When asked about his upcoming discussion with the Russian president, Trump said he wanted to have good relations with Russia but played down any talk that he was ready to lift U.S. A growing chorus of parliamentarians are demanding she use her landmark meeting with Mr Trump to press home Britain's opposition to torture . Trump was asked at one point whether he meant to bring back controversial interrogations of terror suspects, such as waterboarding, since he believes some of those ...

Business

Article 50 vote to be held within two weeks

Burnley MP Julie Cooper has vowed to represent the views of the majority of her constituents and not oppose the triggering of Article 50 in Parliament, which would kickstart Brexit. Pressed in Parliament Thursday for details of when the so-called white paper will be released, Brexit Secretary David Davis said only that ministers would be "as expeditious as we can be".

Business

Ryan invites Trump to address Congress he maligned, on February 28

McConnell was mum on specifically how the "fence" would be paid for, but House Speaker Paul Ryan said the GOP Congress remains committed to keeping within its budgetary means as "fiscal conservatives". "We intend to address the wall issue ourselves", McConnell said in response to a question at a news conference at the Republican legislative retreat in Philadelphia on Thursday.

Business

The Key Figures To Watch From California Resources Corporation (NYSE:CRC) Earnings

Both the RSI indicator and target price of 66.89 and $19.83 respectively, lead us to believe that it should be put on hold over the coming weeks. Halcon Resources Corporation has a 1-year low of $7.58 and a 1-year high of $51.72. The company has its Return on Assets (ROA) of -44.1 Percent. The return on equity ratio or ROE stands at -3.3 percent while most common profitability ratio return on investment (ROI) was 11.5 percent.


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