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Can You Guess This Chart?
Thursday, September 15, 2016 - 6:22am | 206Think you know the markets? See if you can figure out stock based on the clues and charts below. Legg Mason Inc (NYSE: LM)'s Bill Miller said this company is one of his largest holdings at Tuesday's Delivering Alpha conference. This company has been the target of short...
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Affiliated Managers Valuation Shows The Market Underappreciates Its Pipeline And Earnings Growth
Wednesday, September 7, 2016 - 9:09am | 333The market seems to be “significantly underappreciating” Affiliated Managers Group, Inc’s (NYSE: AMG) large acquisition pipeline and future EPS growth potential, Credit Suisse’s Craig Siegenthaler said in a report. He maintained an Outperform rating on the company, with a...
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Legg Mason Brexit Selloff Creates Buying Opportunity Says Citi
Thursday, June 30, 2016 - 7:05am | 231Shares of Legg Mason Inc (NYSE: LM) have lost 15 percent through June. Citi’s William R Katz maintained a Buy rating for the company, with a price target of $45, saying that the Brexit and buyback overhangs seemed excessive. Smaller Brexit Risk Than Feared Legg Mason had previously...
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Earnings Scheduled For April 29, 2016
Friday, April 29, 2016 - 3:07am | 1197Exxon Mobil Corporation (NYSE: XOM) is expected to report its quarterly earnings at $0.31 per share on revenue of $45.42 billion. Chevron Corporation (NYSE: CVX) is estimated to report a quarterly loss at $0.20 per share on revenue of $21.43 billion. Seagate Technology PLC (NASDAQ: STX) is...
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Benzinga's Top Upgrades
Wednesday, March 16, 2016 - 8:53am | 181Analysts at JP Morgan upgraded GasLog Partners LP (NYSE: GLOP) from Underweight to Neutral. The target price for GasLog Partners is set to $15. GasLog Partners shares closed at $16.33 on Tuesday. Credit Suisse upgraded Mead Johnson Nutrition CO (NYSE: MJN) from Neutral to Outperform. The target...
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Legg Mason Shares Indicated Higher Following Credit Suisse Upgrade
Wednesday, March 16, 2016 - 8:29am | 253Credit Suisse’s Craig Siegenthaler upgraded the rating for Legg Mason Inc (NYSE: LM) from Neutral to Outperform, while raising the price target from $39 to $49. Legg Mason’s shares are trading at an 18 percent discount to its peers. Analyst Craig Siegenthaler believes that the...
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Waddell & Reed Shares Added To Sell List At Citi
Friday, March 11, 2016 - 8:39am | 216Citi’s William R Katz maintained a Sell rating for Waddell & Reed Financial, Inc. (NYSE: WDR), while reducing the price target from $18 to $17. While adding the company to the US Focus Sell List, the analyst said that the recent increase in the company’s shares does not reflect...
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Benzinga's Weekend M&A Chatter
Sunday, January 24, 2016 - 7:32pm | 389The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday January 22 through Sunday January 24, 2015 Synutra Board Forms Special Committee to Consider $5.91 Cash/Share Non-Binding Proposal The Special Committee:On January 21, 2016, Synutra's (NASDAQ: SYUT) Board...
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Stocks Hitting 52-Week Lows
Friday, January 22, 2016 - 10:15am | 174Cardiovascular Systems Inc (NASDAQ: CSII) shares fell 32.42 percent to touch a new 52-week low of $8.42. Cardiovascular Systems reported a Q2 loss of $0.47 per share on revenue of $41.4 million. Needham downgraded Cardiovascular Systems to Underperform. American Express Company (NYSE: AXP) shares...
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Earnings Scheduled For January 22, 2016
Friday, January 22, 2016 - 4:06am | 345General Electric Company (NYSE: GE) is estimated to report its quarterly earnings at $0.49 per share on revenue of $35.96 billion. Kansas City Southern (NYSE: KSU) is expected to report its quarterly earnings at $1.10 per share on revenue of $601.75 million. SunTrust Banks, Inc. (NYSE: STI) is...
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Stocks Hitting 52-Week Lows
Wednesday, January 13, 2016 - 10:08am | 165Intelsat SA (NYSE: I) shares touched a new 52-week low of $2.73. Goldman Sachs downgraded Intelsat from Neutral to Sell and lowered the price target from $7.00 to $3.00. Ituran Location and Control Ltd. (US) (NASDAQ: ITRN) shares fell 2.23 percent to reach a new 52-week low of $17.06. Ituran...
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Benzinga's M&A Chatter for Tuesday January 5, 2016
Tuesday, January 5, 2016 - 8:05pm | 318The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday January 5, 2016: Legg Mason in Talks to Acquire 80% Stake in Clarion Partners The Rumor:Legg Mason Inc.(NYSE: LM) is in exclusive talks to acquire a majority stake in Clarion Partners, according to...
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Benzinga's Top Upgrades
Thursday, August 13, 2015 - 8:13am | 334Analysts at Wells Fargo upgraded Enzymotec Ltd (NASDAQ: ENZY) from Market Perform to Outperform. Enzymotec shares closed at $8.90 yesterday. Baird upgraded Aramark (NYSE: ARMK) to Outperform. The target price for Aramark has been raised from $36 to $37. Aramark shares closed at $31.59 yesterday. JP...
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Earnings Scheduled For July 31, 2015
Friday, July 31, 2015 - 3:46am | 628Exxon Mobil Corporation (NYSE: XOM) is expected to report its quarterly earnings at $1.11 per share on revenue of $72.48 billion. Chevron Corporation (NYSE: CVX) is estimated to report its quarterly earnings at $1.16 per share on revenue of $30.91 billion. Phillips 66 (NYSE: PSX) is projected to...
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Legg Mason Acquires RARE Infrastructure Limited
Wednesday, July 29, 2015 - 3:09am | 207Legg Mason, Inc. (NYSE: LM), today announced that it has agreed to acquire a majority equity interest in RARE Infrastructure, Ltd., (RARE) a pioneer in global listed infrastructure investing headquartered in Sydney, Australia. The firm, with offices in Sydney, Melbourne, London and Chicago,...