Here are stocks that are in the news today:
Results on February 19: Valecha Engineering, Asahi Industries, Linde India, Imec Services, Shailja Commercial Trade.
Power Grid Corporation: Board accorded investment approval for 'Northern Region System Strengthening - XL' at an estimated cost of Rs 572.98 crore with commissioning schedule of 22 months from the date of investment approval.
Suditi Industries: Company executed the license contract with PSG Merchandising, a French simplified limited liability company. Accordingly they have granted company the right to use Paris Saint-Germain''s intellectual property rights for commercial purposes.
related news Stocks in the news: Dr Reddy's Labs, Tech Mahindra, Yes Bank, Jaypee Infratech, Wipro Stocks in the news: ONGC, Jet Airways, Glenmark, Tera Software, J Kumar, Kridhan Infra Stocks in the news: Ashok Leyland, NBCC, Yes Bank, CreditAccess, Trident, SREI Infra, Zee NewsCyient: Company launched its connected equipment offering for OEMs and equipment owners and operators.
Top 5 Bank Stocks To Buy Right Now: Ampco-Pittsburgh Corporation(AP)
Advisors' Opinion:- [By ]
New York (AP) -- Demi Lovato has checked out of the hospital she was rushed to two weeks ago for a reported overdose.
A person close to Lovato said she was released from Cedars-Sinai Medical Center in Los Angeles over the weekend. The person spoke on the condition of anonymity because the person wasn't allowed to speak publicly about the topic.
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This undated photo provided by Edmunds, shows the 2018 Land Rover Discovery, which allows you to remotely fold the rear seats flat via a linked smartphone app. (Courtesy of Edmunds.com Inc. via AP) (Photo: AP)
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Mexico City (AP) -- A powerful magnitude-7.2 earthquake shook south and central Mexico Friday, causing people to flee swaying buildings and office towers in the country's capital, where residents were still jittery after a deadly quake five months ago.
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Durango, Colo. (AP) -- A growing wildfire burning in southwestern Colorado forced more people from their homes Sunday as crews tried to slow the blaze being fed by continued hot, dry and windy conditions.
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Des Moines, Iowa (AP) -- It's been a billion-dollar lottery weekend after a lone Powerball ticket sold in New Hampshire matched all six numbers and will claim a $570 million jackpot, one day after another single ticket sold in Florida nabbed a $450 million Mega Millions grand prize.
Top 5 Bank Stocks To Buy Right Now: Wells Fargo & Company(WFC)
Advisors' Opinion:- [By ]
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is bracing for earnings on Friday from JPMorgan Chase (JPM) , Citigroup (C) and Wells Fargo (WFC) .
- [By Matthew Frankel]
After Wells Fargo's (NYSE:WFC) fake-accounts scandal was revealed in 2016, Buffett said that the bank remained a compelling long-term investment and that he had no plans to sell any of Berkshire's massive stake. At last year's meeting, Buffett reiterated that while the bank made a big mistake by incentivizing cross-selling, it still was a great company.
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Wells Fargo & Co. (WFC) hasn't had a shortage of scandals and embarrassment over the past few years. It's resulted in management changes, $1 billion fees and punishments from the Federal Reserve.
- [By Matthew Frankel]
Wells Fargo (NYSE:WFC) reported its second-quarter earnings Friday morning, and missed analysts' expectations on both the top and bottom lines. In addition, the bank's loan and deposit portfolios shrunk over the past year, and its profitability and efficiency both leave something to be desired. Here's a rundown of the numbers, and what they mean for investors.
- [By Douglas A. McIntyre]
The U.S. Department of Labor is looking into the 401(k) business of Wells Fargo & Co. (NYSE: WFC). According to The Wall Street Journal:
The Labor Department is examining whether Wells Fargo & Co. has been pushing participants in low-cost corporate 401(k) plans to roll their holdings into more expensive individual retirement accounts at the bank, according to a person familiar with the inquiry.
Top 5 Bank Stocks To Buy Right Now: HSBC Holdings PLC (HSBA)
Advisors' Opinion:- [By Max Byerly]
Credit Suisse Group set a GBX 720 ($9.32) price target on HSBC (LON:HSBA) in a research report sent to investors on Tuesday morning. The firm currently has a neutral rating on the financial services provider’s stock.
- [By Stephan Byrd]
Morgan Stanley set a GBX 855 ($10.91) price target on HSBC (LON:HSBA) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.
- [By Joseph Griffin]
HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.
- [By Ethan Ryder]
HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.
- [By Max Byerly]
HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).
Top 5 Bank Stocks To Buy Right Now: First Commonwealth Financial Corporation(FCF)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)
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 First Commonwealth Financial (FCF)
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 First Commonwealth Financial (FCF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Bank Stocks To Buy Right Now: Canadian Imperial Bank of Commerce(CM)
Advisors' Opinion:- [By Motley Fool Transcribers]
Canadian Imperial Bank of Commerce (NYSE:CM)Q3 2018 Earnings Conference CallAug. 23, 2018, 8:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Logan Wallace]
Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.
- [By Motley Fool Transcribing]
Canadian Imperial Bank of Commerce (NYSE:CM) Q1 2019 Earnings Conference CallFeb. 28, 2019 8:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Max Byerly]
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Logan Wallace]
A number of firms have modified their ratings and price targets on shares of Canadian Imperial Bank of Commerce (TSE: CM) recently:
6/6/2018 – Canadian Imperial Bank of Commerce was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a C$130.00 price target on the stock, up previously from C$125.00. 5/24/2018 – Canadian Imperial Bank of Commerce was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating. They now have a C$124.00 price target on the stock, down previously from C$136.00. 5/24/2018 – Canadian Imperial Bank of Commerce had its price target lowered by analysts at Scotiabank from C$131.00 to C$127.00. They now have a “sector perform” rating on the stock. 5/24/2018 – Canadian Imperial Bank of Commerce had its price target lowered by analysts at Royal Bank of Canada from C$141.00 to C$135.00. They now have a “sector perform” rating on the stock. 5/24/2018 – Canadian Imperial Bank of Commerce was given a new C$140.00 price target on by analysts at Eight Capital. 5/24/2018 – Canadian Imperial Bank of Commerce had its price target raised by analysts at Barclays PLC from C$133.00 to C$138.00.CM traded up C$0.59 on Wednesday, reaching C$115.86. 987,570 shares of the stock were exchanged, compared to its average volume of 1,290,708. Canadian Imperial Bank of Commerce has a fifty-two week low of C$103.84 and a fifty-two week high of C$124.37.
