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

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

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

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