The latest news round up for trade-able items on the First Global Credit platform, covering:
- Biogen Idec
Amazon.com, Inc (NASDAQ:AMZN)
Exchange Capital Management cut its position in shares of Amazon.com, Inc. by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,841 shares of the e-commerce giant’s stock after selling 31 shares during the period. Amazon.com comprises 2.8% of Exchange Capital Management’s portfolio, making the stock its 7th largest position. Exchange Capital Management’s holdings in Amazon.com were worth $6,651,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the company. Vontobel Asset Management acquired a new stake in shares of Amazon.com during the fourth quarter valued at $114,695,000. Churchill Management increased its stake in shares of Amazon.com by 490.6% in the fourth quarter. Churchill Management now owns 77,289 shares of the e-commerce giant’s stock valued at $52,239,000 after buying an additional 64,203 shares during the last quarter. Swarthmore Group acquired a new stake in shares of Amazon.com during the fourth quarter valued at $36,920,000. Meag Munich Ergo Kapitalanlagegesellschaft acquired a new stake in shares of Amazon.com during the third quarter valued at $11,705,000. Finally, ING Groep increased its stake in shares of Amazon.com by 130.5% in the third quarter. ING Groep now owns 37,666 shares of the e-commerce giant’s stock valued at $19,274,000 after buying an additional 21,325 shares during the last quarter.
Shares of Amazon.com, Inc. traded down 3.85% during trading on Friday, hitting $570.18. 7,784,523 shares of the stock traded hands. The company has a market cap of $267.28 billion and a price-to-earnings ratio of 816.88. The firm’s 50-day moving average price is $651.79 and its 200-day moving average price is $570.06. Amazon.com, Inc. has a 52 week low of $286.39 and a 52 week high of $696.44.
Biogen Idec, Inc (NASDAQ:BIIB)
Biogen Inc has received a consensus rating of “Buy” from the twenty-eight analysts that are presently covering the firm. Eight investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $384.91.
Shares of Biogen opened at 273.33 on Wednesday. The firm has a market cap of $60.93 billion and a P/E ratio of 17.86. The company’s 50 day moving average price is $290.04 and its 200 day moving average price is $307.61. Biogen has a 12-month low of $254.00 and a 12-month high of $480.18.
Biogen last posted its quarterly earnings data on Wednesday, October 21st. The biotechnology company reported $4.48 EPS for the quarter, beating the consensus estimate of $3.80 by $0.68. The firm earned $2.39 billion during the quarter, compared to analysts’ expectations of $2.65 billion. Biogen’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.80 EPS. Equities research analysts forecast that Biogen will post $16.58 EPS for the current year.
eBay, Inc (NASDAQ:EBAY)
eBay Inc is scheduled to release its earnings data after the market closes on Tuesday, January 19th. Analysts expect eBay to post earnings of $0.50 per share for the quarter. eBay has set its Q4 guidance at $0.47-0.49 EPS.
eBay last released its quarterly earnings data on Wednesday, October 21st. The e-commerce company reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.03. The firm earned $2.10 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the business earned $0.68 EPS. The firm’s revenue was down 2.4% on a year-over-year basis. On average, analysts expect eBay to post $1.83 EPS for the current fiscal year and $1.97 EPS for the next fiscal year.
eBay has been the topic of a number of research reports. Zacks Investment Research raised shares of eBay from a “strong sell” rating to a “buy” rating and set a $29.00 target price on the stock in a research report on Tuesday, September 22nd. Vetr raised shares of eBay from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 22nd. Robert W. Baird reaffirmed a “buy” rating on shares of eBay in a research report on Thursday, October 8th. RBC Capital reaffirmed a “sector perform” rating on shares of eBay in a research report on Monday, October 19th. Finally, Stifel Nicolaus lowered shares of eBay to a “hold” rating in a research report on Wednesday, October 21st. Two research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $51.27.
Gold edged higher on Monday as crude oil prices slid to 12-year lows and European stocks fell on persistent worries about global growth, prompting investors to seek assets considered a safe store of value.
Gains were limited, however, as the dollar firmed and oil inched up from earlier lows, pointing to a slight cooling of the risk aversion that lifted gold 1 percent on Friday.
Spot gold was up 0.1 percent at $1,089.90 an ounce at 1035 GMT, while U.S. gold futures for February delivery were down 90 cents at $1,089.80.
Prices have risen nearly 3 percent so far this year after weak economic data in China and a fresh move lower in the yuan in early January prompted a sell-off in Chinese stocks, which spilled over into global markets.
“There is always a very negative correlation with gold when you have turmoil in stock markets,” LBBW analyst Thorsten Proettel said.
“Right now we are seeing consolidation, but as we shift perspective towards February and March, this swing to higher prices will go on.”
Oil prices hit their lowest since late 2003 as the market braced for additional Iranian exports after the lifting of sanctions against the country over the weekend.
European shares fell 0.1 percent on Monday and Asian equities tumbled to their lowest since 2011 overnight as investors shunned risky assets after weak U.S. economic data.
For more go to: https://uk.finance.yahoo.com/news/gold-firms-equities-falter-disappointing-062945286.html
Hasbro, Inc (NYSE:HAS)
Equities researchers at SunTrust lowered their Q1 2016 earnings estimates for shares of Hasbro in a report issued on Thursday. SunTrust analyst M. Swartz now anticipates that the brokerage will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.20. The consensus estimate for Hasbro’s Q1 2016 earnings is $0.26 per share. SunTrust also issued estimates for Hasbro’s Q2 2016 earnings at $0.38 EPS.
Several other research firms have also commented on HAS. Sterne Agee CRT reissued a “hold” rating on shares of Hasbro in a research report on Thursday, November 12th. Zacks Investment Research raised Hasbro from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a research report on Monday, December 21st. Piper Jaffray reaffirmed an “overweight” rating and set a $85.00 target price on shares of Hasbro in a research report on Monday, November 9th. Vetr raised Hasbro and set a $83.75 target price on the stock in a research report on Wednesday, December 30th. Finally, Jefferies Group initiated coverage on Hasbro in a research report on Friday, December 4th. They set a “hold” rating and a $72.00 target price on the stock. They noted that the move was a valuation call. Eleven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $79.23.
Hasbro opened at 72.07 on Monday. The stock has a 50 day moving average price of $69.07 and a 200 day moving average price of $74.79. Hasbro has a 1-year low of $51.49 and a 1-year high of $84.42. The company has a market cap of $8.98 billion and a P/E ratio of 20.49.
Oracle Corporation (NASDAQ:ORCL)
Oracle Co. has been given an average rating of “Hold” by the thirty-seven brokerages that are covering the company. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and nineteen have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $43.18.
Several brokerages have commented on ORCL. Canaccord Genuity cut shares of Oracle to a “buy” rating and set a $44.00 price target on the stock. In a research note on Wednesday, October 28th. MKM Partners reiterated a “neutral” rating and issued a $42.00 price target on shares of Oracle in a research note on Friday, January 8th. Pacific Crest reiterated an “equal weight” rating on shares of Oracle in a research note on Friday, December 11th. Raymond James reiterated a “buy” rating on shares of Oracle in a research note on Thursday, December 17th. Finally, Drexel Hamilton reiterated a “buy” rating on shares of Oracle in a research note on Tuesday, October 27th.
Shares of Oracle opened at 34.12 on Wednesday. The company has a market capitalization of $143.35 billion and a PE ratio of 16.45. Oracle has a 1-year low of $33.66 and a 1-year high of $45.33. The company has a 50 day moving average price of $36.97 and a 200 day moving average price of $38.09.
Salesforce.com, Inc (NYSE:CRM)
Salesforce.com Inc has lost 3.24% during the past week and dropped 8.01% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 1.09%. Salesforce.com Inc has underperformed the index by 1.89% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Salesforce.com, inc. has dropped 8.8% during the last 3-month period. Year-to-Date the stock performance stands at -9.62%.The company shares have rallied 32.34% in the past 52 Weeks. On November 19, 2015 the shares registered one year high of $82.9 and one year low was seen on January 16, 2015 at $54.95. The 50-day moving average is $77.58 and the 200 day moving average is recorded at $74.43. S&P 500 has rallied 0.69% during the last 52-weeks.
Salesforce.com Inc witnessed a decline in the market cap on Friday as its shares dropped 3.02% or 2.21 points. After the session commenced at $69.87, the stock reached the higher end at $71.05 while it hit a low of $68.18. With the volume soaring to 9,572,093 shares, the last trade was called at $70.86. The company has a 52-week high of $82.9. The company has a market cap of $47,051 million and there are 664,000,000 shares in outstanding. The 52-week low of the share price is $54.95.
During the last several months other analysts have commented on the company rating. Brean Capital initiates coverage on Salesforce.com Inc the current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $100 per share. The rating by the firm was issued on January 12, 2016.