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Finance

Analysts have speculated recently that Macy's may cut its dividend in favor of paying down debt, further weighing on the stock price. Revenue tumbled 6.1% last quarter, the 11th straight quarterly decline. The season marks a crossroads for the largest US department-store chain, which is trying to get back on its feet after three punishing years. It was a deeper slide than Wall Street had feared.
  • The Twenty-First Century Fox Inc. (FOXA) Lifted to

    The Twenty-First Century Fox Inc. (FOXA) Lifted to "Buy" at Brean Capital

    Finance

    Four analysts have provided estimates for Twenty-First Century Fox's earnings. It has been assigned a low target price of $4.5 and a high target price of $20. Vanguard Group Inc. increased its position in Twenty-First Century Fox by 0.4% in the second quarter. Kenmare Capital Partners Llc decreased Twenty First Centy Fox Inc (FOXA) stake by 89.47% reported in 2017Q2 SEC filing.
  • Wells Fargo & Company (WFC) is Cadence Capital Management LLC's 5th Largest Position

    Wells Fargo & Company (WFC) is Cadence Capital Management LLC's 5th Largest Position

    Finance

    Dupont Capital Management Corp boosted its stake in Wells Fargo & Company (NYSE: WFC ) by 9.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Tru Of Virginia Va reported 183,106 shares. As per Friday, October 6, the company rating was maintained by UBS. On Monday, October 16 the stock rating was maintained by BMO Capital Markets with "Market Perform".
  • Tower Research Capital LLC Trc Increased Its Cisco Sys INC (CSCO) Position

    Finance

    Zoetis Inc now has $33.77 billion valuation. One Trading Limited Partnership owns 2,008 shares for 0% of their portfolio. The stock has "Outperform" rating by RBC Capital Markets on Monday, August 10. Eagle Global Advsrs Ltd Llc reported 247,944 shares stake. Marsico Capital Management Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $167.99 billion market cap company.
  • Earnings On Deck For ArcelorMittal

    Finance

    Net profit at the Netherlands-listed steelmaker rose to $1.21 billion, nearly doubling the year-earlier result of $680 million and comfortably exceeding an analyst consensus from FactSet of $770 million. Zacks Investment Research now has $33.00 price target on the basic materials company's stock. Cambiar Investors LLC now owns 5,283,658 shares of the basic materials company's stock worth $136,107,000 after purchasing an additional 237,033 shares in the last quarter.
  • Mattel Surges on Report That Hasbro Discussed Acquisition

    Mattel Surges on Report That Hasbro Discussed Acquisition

    Finance

    Mattel , Inc. (MAT) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. The company has its outstanding shares of 343.87 Million. Jefferies Group LLC set a $13.00 price target on shares of Mattel and gave the company a hold rating in a report on Sunday, October 29th. MATs average Altman Z-Score: 2.18 in the past 7 years.
  • Analysts Upgrade/Downgrade Activity of Royal Dutch Shell plc (RDS-A)

    Finance

    This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in RDS-A's price. Pinnacle Hldgs Ltd Liability Com has 149,963 shares. Bernstein maintained it with "Outperform" rating and GBX 2360 target in Tuesday, September 8 report. About 1.24 million shares traded. This presents short term, intermediate and long term technical levels of Royal Dutch Shell plc (RDS-A) stock.
  • Equifax hack damage is only the start

    Equifax hack damage is only the start

    Finance

    Richard Blumenthal (D-Conn.) on Wednesday, during the hearing. The breach, caused by an unpatched flaw in Apache Struts that was blamed on one employee , happened in May but Equifax didn't go public with the news for months. Equifax has not said how much cash it intends to set aside to cover legal costs. Opening a conference call Friday, interim CEO Paulino do Rego Barros Jr.
  • What's open, and closed, to observe Veterans Day

    What's open, and closed, to observe Veterans Day

    Finance

    City Hall will be closed Friday, and City Court will not be in session. County-run parks and campgrounds will be open. However a few banks will be open, while most are closed. The Minot Public Library will be open Friday from 9 a.m.to 6 p.m. The Daily Sentinel will publish. Local government offices: Like in the vast majority of states, most government offices of counties, cities, towns and other official entities are closed today.
  • IBM develops prototype 50 qubit processor

    IBM develops prototype 50 qubit processor

    Finance

    IBM said the 50-qubit processor will be implemented in Q Systems sometime next year via a series of planned upgrades, leading to even greater performance. To augment this ecosystem of quantum researchers and application development, IBM rolled out earlier this year its QISKit ( www.qiskit.org ) project, an open-source software developer kit to program and run quantum computers.