MidEast Stocks Mostly Drift Lower Ahead of Holiday; Qatar Falls on Credit Downgrade

MidEast Stocks Mostly Drift Lower Ahead of Holiday; Qatar Falls on Credit Downgrade
Middle East shares mostly slid in thin volume ahead of the Eid al-Adha holidays beginning this week. Qatar slumped after Fitch downgraded the country’s credit rating. Fitch lowered Qatar by one notch to AA-minus with a negative outlook, citing the impact of sanctions imposed by other Arab states. In company news, Amiantit said it expected a capital gain of 50... Read More

Asian ADRs Move Lower in Tuesday Trading

Asian ADRs Move Lower in Tuesday Trading
American depository receipts of Asian stocks were trading 0.46% lower at 166.82 on the Bank of New York Mellon Asia ADR Index on Tuesday. In North Asia, the gainers were led by real estate services provider Leju Holdings ( LEJU ), and Semiconductor Manufacturing International ( SMI ), which rose 5.2% and 3.5% respectively. They were followed by mobile app... Read More

Zacks.com featured highlights: Stamps.com, SolarEdge Technologies, Ferrari, Columbus McKinnon and Range Resources

Zacks.com featured highlights: Stamps.com, SolarEdge Technologies, Ferrari, Columbus McKinnon and Range Resources
For Immediate Release Chicago, IL -August 29, 2017 – Stocks in this week’s article include Stamps.com Inc. (NASDAQ: STMP – Free Report ), SolarEdge Technologies, Inc. (NASDAQ: SEDG – Free Report ), Ferrari N.V. (NYSE: RACE – Free Report ), Columbus McKinnon Corporation (NASDAQ: CMCO – Free Report ) and Range Resources Corporation (NYSE: RRC – Free Report ). Buy... Read More

Zacks.com featured highlights: Stoneridge, Honda Motor Company, Turtle Beach, The Children's Place and Central Garden & Pet Company

Zacks.com featured highlights: Stoneridge, Honda Motor Company, Turtle Beach, The Children's Place and Central Garden & Pet Company
For Immediate Release Chicago, IL -August 29, 2017 – Stocks in this week’s article include Stoneridge Inc.(NYSE: SRI – Free Report), Honda Motor Company Ltd.(NYSE: HMC – Free Report), Turtle Beach Corporation(NASDAQ: HEAR – Free Report), The Children’s Place Inc.(NASDAQ: PLCE – Free Report)andCentral Garden & Pet Company(NASDAQ: CENT – Free Report ). Ride Rising P/E Investing with These 5... Read More

Cypress To Make Less on iPhone 8 As Apple Chinces on 'Fast Charging,' Says Craig Hallum

Cypress To Make Less on iPhone 8 As Apple Chinces on 'Fast Charging,' Says Craig Hallum
Shares of chip maker Cypress Semiconductor (CY) are down 21 cents, or 1.6%, at $13.07, after Craig Hallum‘s Anthony Stoss warned the company may make far less than initially expected supplying Apple‘s (AAPL) next iPhone, presumably the ” iPhone 8,” presumably to be unveiled next month, because Apple is going to skimp on fast charging, in his view. Stoss, who has... Read More

Company News For August 29, 2017

Company News For August 29, 2017
·         Shares of Expedia Inc. EXPE declined 4.5% after the company’s Chief Executive Officer Dara Khosrowshahi announced that he would be joining Uber as CEO ·         Biogen Inc.’s BIIB shares surged 2.5% following positive results from an Alzhiemer’s drug study ·         Shares of Gilead Sciences Inc.  GILD increased 1.2% after it entered into an agreement with Kite Pharma Inc. KITE... Read More