GE Power, the most troubled part of the slumping conglomerate, confirmed on Thursday that one of its gas turbines recently suffered a glitch at a Texas power plant.
The failure was serious enough that Exelon (EXC) said it shut down the power plant -- and as a precaution it also shut another plant that runs on the same GE turbine.
Worse, the problem involves GE's (GE) HA-class turbine, a fast-selling product that the company had been relying on to turn the power division around.
GE said in a statement that it expects the "same issue" to impact other HA units. That suggests GE could be on the hook for significant costs at a time when it's strapped for cash. GE has received orders for more than 80 HA turbines -- and 30 are already in service.
The developments spooked Wall Street, driving GE shares down 3% to $12.45. The stock, which was recently booted from the exclusive Dow Jones Industrial Average, has lost 60% of its value since the end of 2016. News of the turbine outage was earlier reported by Reuters.
Top 10 Heal Care Stocks To Own For 2019: Asia Pacific Fund, Inc. (APB)
Advisors' Opinion:- [By Logan Wallace]
Media coverage about Asia Pacific Fund, Inc. (The) common stock (NYSE:APB) has been trending somewhat positive on Sunday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Asia Pacific Fund, Inc. (The) common stock earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 45.8681605197346 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Top 10 Heal Care Stocks To Own For 2019: EPR Properties(EPR)
Advisors' Opinion:- [By Matthew Frankel, CFP, Neha Chamaria, and Matthew DiLallo]
Who says you can't have high dividends and long-term growth? If you're looking for steady income but aren't willing to sacrifice long-term upside potential, our contributors think EPR Properties (NYSE:EPR), Welltower (NYSE:WELL), and Brookfield Property Partners (NASDAQ:BPY) are worthy of a closer look.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on EPR Properties (EPR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on EPR Properties (EPR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Heal Care Stocks To Own For 2019: Argan, Inc.(AGX)
Advisors' Opinion:- [By Max Byerly]
Federated Investors Inc. PA raised its position in Argan, Inc. (NYSE:AGX) by 26.6% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 99,678 shares of the construction company’s stock after buying an additional 20,936 shares during the period. Federated Investors Inc. PA’s holdings in Argan were worth $4,282,000 as of its most recent filing with the SEC.
- [By Logan Wallace]
Media stories about Argan (NYSE:AGX) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Argan earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 45.7492523122329 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
- [By Joseph Griffin]
State Board of Administration of Florida Retirement System decreased its holdings in Argan, Inc. (NYSE:AGX) by 26.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,343 shares of the construction company’s stock after selling 1,907 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Argan were worth $229,000 at the end of the most recent reporting period.
Top 10 Heal Care Stocks To Own For 2019: Take-Two Interactive Software, Inc.(TTWO)
Advisors' Opinion:- [By Danny Vena]
Expectations were high going into video game publisher Take-Two Interactive Software's (NASDAQ:TTWO) earnings report. The results smashed both expectations and the company's guidance, driven by the record-breaking launch of the long-awaited sequel to Red Dead Redemption. The company even increased its full-year outlook based on the strength of the quarter. In situations like that, investors would normally be cheering, but the stock fell more than 14% in the wake of the company's earnings.
- [By Shane Hupp]
Renaissance Technologies LLC boosted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 720.1% in the 2nd quarter, Holdings Channel reports. The firm owned 221,850 shares of the company’s stock after buying an additional 194,800 shares during the period. Renaissance Technologies LLC’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $26,258,000 at the end of the most recent reporting period.
- [By ]
Wednesday sees earnings from Macy's (M) , Take-Two Interactive (TTWO) and Cisco Systems (CSCO) and Cramer has positive things to say about all three companies.
- [By John Ballard]
EA is delaying the release of Battlefield V from October to November to allow developers more time to work on it. This is a routine practice in the industry and makes for a much better scenario than releasing an unfinished game that is not ready for prime time, leading to potentially poor reviews (and sales) as a consequence. Take-Two Interactive (NASDAQ:TTWO) has delayed its highly anticipated Red Dead Redemption 2 a few times over the last few years for the same reason.
Top 10 Heal Care Stocks To Own For 2019: Sandstorm Gold Ltd(SAND )
Advisors' Opinion:- [By Joseph Griffin]
Boston Partners purchased a new stake in Sandstorm Gold (NYSEAMERICAN:SAND) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 463,325 shares of the mining company’s stock, valued at approximately $2,205,000. Boston Partners owned about 0.25% of Sandstorm Gold as of its most recent filing with the Securities and Exchange Commission.
- [By Ethan Ryder]
Sandstorm Gold (NYSEAMERICAN:SAND) had its target price raised by analysts at Raymond James from $5.75 to $6.00 in a research report issued to clients and investors on Thursday. The brokerage currently has an “outperform” rating on the mining company’s stock. Raymond James’ price target points to a potential upside of 4.35% from the stock’s current price.
Top 10 Heal Care Stocks To Own For 2019: BancorpSouth, Inc.(BXS)
Advisors' Opinion:- [By Stephan Byrd]
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
Get BancorpSouth Bank alerts: Zacks: Brokerages Anticipate BancorpSouth Bank (BXS) Will Announce Quarterly Sales of $215.14 Million (americanbankingnews.com) BancorpSouth opens on Eldorado Parkway in McKinney (communityimpact.com) Analysts Anticipate BancorpSouth Bank (BXS) to Announce $0.55 EPS (americanbankingnews.com) BancorpSouth Bank (BXS) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)BXS has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of BancorpSouth Bank from a “hold” rating to a “sell” rating in a research note on Tuesday, March 27th. Hovde Group set a $35.00 price target on shares of BancorpSouth Bank and gave the company a “hold” rating in a research note on Monday, April 23rd. Piper Jaffray set a $36.00 price target on shares of BancorpSouth Bank and gave the company a “hold” rating in a research note on Monday, April 23rd. Royal Bank of Canada reaffirmed a “hold” rating and issued a $37.00 price target on shares of BancorpSouth Bank in a research note on Friday, April 20th. Finally, Brean Capital reaffirmed a “hold” rating on shares of BancorpSouth Bank in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $35.00.
- [By Max Byerly]
Get a free copy of the Zacks research report on Bancorpsouth Bank (BXS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Bancorpsouth Bank (NYSE:BXS)‘s stock had its “hold” rating reiterated by Brean Capital in a research note issued to investors on Monday.
- [By Max Byerly]
QCR (NASDAQ: QCRH) and Bancorpsouth Bank (NYSE:BXS) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Bancorpsouth Bank (BXS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Heal Care Stocks To Own For 2019: Black Hills Corporation(BKHU)
Advisors' Opinion:- [By Stephan Byrd]
Media headlines about BLACK HILLS Cor/EQUITY Ut (NYSE:BKHU) have trended positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BLACK HILLS Cor/EQUITY Ut earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.7211950698084 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Top 10 Heal Care Stocks To Own For 2019: ASML Holding N.V.(ASML)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on ASML (ASML)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
ASML (NASDAQ:ASML)‘s stock had its “sell” rating reiterated by research analysts at DZ Bank in a note issued to investors on Friday.
- [By Ethan Ryder]
Royal Bank of Canada reaffirmed their buy rating on shares of ASML (NASDAQ:ASML) in a research note issued to investors on Friday morning.
A number of other research firms have also commented on ASML. BidaskClub upgraded shares of ASML from a buy rating to a strong-buy rating in a research report on Friday, March 9th. Santander lowered shares of ASML from a buy rating to a hold rating in a research report on Monday, March 19th. Zacks Investment Research lowered shares of ASML from a strong-buy rating to a hold rating in a research report on Tuesday, March 20th. ValuEngine upgraded shares of ASML from a hold rating to a buy rating in a research report on Monday, April 2nd. Finally, Cowen began coverage on shares of ASML in a research report on Monday, May 14th. They issued a market perform rating for the company. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. ASML presently has a consensus rating of Buy and a consensus target price of $199.86.
- [By Shane Hupp]
Goldman Sachs Group set a €221.00 ($256.98) price target on ASML (EPA:ASML) in a report published on Friday. The firm currently has a buy rating on the stock.
Top 10 Heal Care Stocks To Own For 2019: Movado Group Inc.(MOV)
Advisors' Opinion:- [By Lisa Levin]
Shares of Movado Group, Inc. (NYSE: MOV) got a boost, shooting up 16 percent to $49.00 after the company reported better-than-expected Q1 results and raised its guidance.
- [By Dan Caplinger]
Wall Street had another summer celebration on Wednesday, as the S&P 500 and Nasdaq Composite once again set records. Most investors attributed the gains to a 4.2% rise in gross domestic product during the second quarter, which was slightly faster than the initial estimate on GDP had suggested last month. Yet even with a favorable attitude prevailing throughout most of the market, some stocks suffered setbacks. Movado Group (NYSE:MOV), Roku (NASDAQ:ROKU), and American Eagle Outfitters (NYSE:AEO) were among the worst performers on the day. Here's why they did so poorly.
- [By Lisa Levin] Gainers Sigma Labs, Inc. (NASDAQ: SGLB) shares rose 90.9 percent to $2.52. Sigma Labs demonstrated proof of concept for closed loop quality control during metal additive manufacturing. Oragenics, Inc. (NYSE: OGEN) shares surged 58.4 percent to $1.9005 after the company’s AG013 for oral mucositis in head and neck cancer patients showed favorable safety profile in mid-stage OM study. Dick's Sporting Goods, Inc. (NYSE: DKS) shares climbed 23.2 percent to $37.5370 after the company reported upbeat Q1 earnings and raised FY18 earnings outlook. Summer Infant, Inc. (NASDAQ: SUMR) rose 21.9 percent to $1.17 after announcing commitment for $60 million credit facility from Bank of America and $17.5 million term loan from Pathlight Capital. TapImmune, Inc. (NASDAQ: TPIV) jumped 18.8 percent to $4.87. WBB Securities upgraded TapImmune from Speculative Buy to Buy. Movado Group, Inc. (NYSE: MOV) gained 17.2 percent to $49.45 after the company reported better-than-expected Q1 results and raised its guidance. ASLAN Pharmaceuticals Limited (NASDAQ: ASLN) jumped 16.2 percent to $7.96. BTIG Research initiated coverage on ASLAN Pharmaceuticals with a Buy rating. Legacy Reserves LP (NASDAQ: LGCY) rose 15.5 percent to $5.6011. InspireMD, Inc. (NYSE: NSPR) gained 13.3 percent to $1.36 following PR announcing sustained benefit of CGuard EPS. Immutep Limited (NASDAQ: IMMP) shares climbed 13.2 percent to $2.7724 after the company reported new data from its ongoing TACTI-mel Phase I trial, which evaluated the combination of eftilagimod alpha, its lead compound, with Merck & Co., Inc. (NYSE: MRK)'s Keytruda in unresectable or metastatic melanoma patients, who have had a suboptimal response or had disease progression with keytruda monotherapy.. SpartanNash Co (NASDAQ: SPTN) rose 12.2 percent to $21.20 after the company reported upbeat earnings for its first quarter on Tuesday. Amtech Systems, Inc. (NASDAQ: ASYS) rose 12.1 percent to
- [By Steve Symington]
Shares of Movado Group Inc. (NYSE:MOV) were up 16.5% as of 12:30 p.m. EDT Wednesday after the watchmaker announced strong quarterly results.
For Movado's fiscal first quarter ended April 30, 2018, net sales grew 28.1% year over year (22.1% in constant currency) to $127.1 million, including roughly $2.2 million related to the adoption of new accounting standards. On the bottom line, that translated to adjusted earnings of $8.7 million, or $0.37 per share, up from $0.01 per share in the same year-ago period.
Top 10 Heal Care Stocks To Own For 2019: iShares US Basic Materials (IYM)
Advisors' Opinion:- [By Jim Crumly]
Technology stocks led the market, with Apple making history by being the first U.S. company to break through $1 trillion in market capitalization. The Technology Select Sector SPDR ETF (NYSEMKT:XLK) gained 1.3%. The materials sector lagged; the iShares US Basic Materials ETF (NYSEMKT:IYM) fell 1%.
- [By Jim Crumly]
Materials and consumer stocks led the way; iShares US Basic Materials ETF (NYSEMKT:IYM) rose 2.2% and the Consumer Discretionary Select SPDR ETF (NYSEMKT:XLY) gained 1.5%.
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