Third Point, the activist fund run by Dan Loeb, exited a series of high-profile positions during the first quarter, including stakes in Honeywell International Inc., Time Warner Inc., MGM Resorts International and U.S. mall owner Macerich Co.
The New York-based hedge fund also added a position in Wynn Resorts Ltd., according to a regulatory filing Tuesday. The Las Vegas-based casino company’s co-founder and chief executive officer, Steve Wynn, resigned in February amid allegations of sexual harassment. Wynn Resorts made a surprise announcement Monday that two directors were resigning, including one who co-founder Elaine Wynn urged shareholders to vote against.
Land & Buildings Investment Management, the activist fund run by Jonathan Litt, also disclosed a stake in Wynn Resorts Tuesday.
Third Point’s exit of Macerich comes after that company announced last month that Chief Executive Officer Arthur Coppola would retire at the end of the year.
Top 5 Casino Stocks To Buy For 2019: BB&T Corporation(BBT)
Advisors' Opinion:- [By ]
In the Lightning Round, Cramer was bullish on FMC Corp (FMC) , Pennsylvania Real Estate Investment Trust (PEI) , Cisco Systems (CSCO) , HP (HPQ) , BB&T Bank (BBT) and HCA Holdings (HCA) .
- [By ]
BB&T Bank (BBT) : "They report next week and I think the story will be a good one. I'd only buy into weakness. It's still not down enough from it's high."
- [By Shane Hupp]
BB&T (NYSE:BBT) last released its quarterly earnings results on Thursday, April 19th. The insurance provider reported $0.94 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.02. The company had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.85 billion. BB&T had a net margin of 21.63% and a return on equity of 10.38%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.46 earnings per share. equities research analysts predict that BB&T will post 4 EPS for the current fiscal year.
- [By Logan Wallace]
BitBoost (CURRENCY:BBT) traded 0.1% lower against the US dollar during the twenty-four hour period ending at 12:00 PM ET on May 23rd. Over the last week, BitBoost has traded up 17.5% against the US dollar. BitBoost has a total market cap of $1.85 million and approximately $0.00 worth of BitBoost was traded on exchanges in the last day. One BitBoost token can now be purchased for $0.14 or 0.00001497 BTC on major cryptocurrency exchanges.
- [By Ethan Ryder]
State Treasurer State of Michigan decreased its holdings in BB&T (NYSE:BBT) by 1.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,861 shares of the insurance provider’s stock after selling 2,400 shares during the quarter. State Treasurer State of Michigan’s holdings in BB&T were worth $11,910,000 as of its most recent SEC filing.
- [By Ethan Ryder]
BitBoost (CURRENCY:BBT) traded 0.1% lower against the U.S. dollar during the one day period ending at 17:00 PM Eastern on June 24th. BitBoost has a total market capitalization of $1.85 million and $0.00 worth of BitBoost was traded on exchanges in the last day. One BitBoost token can now be purchased for $0.14 or 0.00001497 BTC on popular exchanges. During the last week, BitBoost has traded 17.5% higher against the U.S. dollar.
Top 5 Casino Stocks To Buy For 2019: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.(VLRS)
Advisors' Opinion:- [By Max Byerly]
Volaris (NYSE:VLRS)’s share price hit a new 52-week high and low during trading on Wednesday . The stock traded as low as $5.07 and last traded at $5.22, with a volume of 64285 shares trading hands. The stock had previously closed at $5.19.
- [By Adam Levine-Weinberg]
In late 2016 and early 2017, profitability deteriorated rapidly at Mexican budget airline Volaris (NYSE:VLRS)�due to market disruptions caused by the U.S. presidential election. Fears about a crackdown on trade or immigration under President Trump led to a sharp drop in the Mexican peso and a downturn in travel demand. However, Volaris seemed to be on the mend by this time last year, and its stock price rebounded to more than $15 last July.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Prothena Corporation plc (NASDAQ: PRTA) shares dipped 69 percent to $11.48 after a disappointing update relating to the company's treatment for AL amyloidosis. Prothena, a clinical-stage biopharmaceutical company that focuses on therapies in the neuroscience and orphan categories, said a Phase 2b study of its therapy called NEOD001 failed to achieve its primary or secondary endpoints. Prothena's Phase 2b study explored its NEOD001 therapy versus a placebo in previously-treated patients with AL amyloidosis and persistent cardiac dysfunction. Gridsum Holding Inc. (NASDAQ: GSUM) fell 44.3 percent to $4.06. Gridsum reported suspension of audit report on financial statements. Flotek Industries, Inc. (NYSE: FTK) shares declined 34.1 percent to $4.16 as the company issued weak revenue forecast for the first quarter. Akorn, Inc. (NASDAQ: AKRX) dropped 32.3 percent to $13.35 after Fresenius terminated its merger deal with Akorn. Chicago Bridge & Iron Company N.V. (NYSE: CBI) fell 31.2 percent to $13.44. Subsea 7 made an unsolicited bid to buy McDermott for $7 per share. However, the acquisition offer is contingent on McDermot terminating its pending merger with Chicago Bridge & Iron. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) dropped 18 percent to $5.76. Controladora Vuela recently reported first-quarter results that showed a loss for the quarter. Imperial Capital downgraded Controladora Vuela Compania de Aviacion from Outperform to In-Line. Atossa Genetics Inc. (NASDAQ: ATOS) fell 18.2 percent to $2.8797 after declining 19.35 percent on Friday. Alcoa Corporation (NYSE: AA) fell 12.3 percent to $52.63. Luby's, Inc. (NYSE: LUB) shares declined 10.3 percent to $2.448 following Q2 results. Aceto Corporation (NASDAQ: ACET) shares tumbled 10 percent to $2.26. Pier 1 Imports, Inc. (NYSE: PIR) dipped 9.7 percent
Top 5 Casino Stocks To Buy For 2019: Matrix Service Company(MTRX)
Advisors' Opinion:- [By Joseph Griffin]
Matrix Service (NASDAQ:MTRX) – Stock analysts at KeyCorp decreased their FY2018 EPS estimates for shares of Matrix Service in a research report issued to clients and investors on Tuesday, May 15th. KeyCorp analyst T. Afzal now expects that the oil and gas company will post earnings of $0.23 per share for the year, down from their previous forecast of $0.65. KeyCorp also issued estimates for Matrix Service’s Q4 2018 earnings at $0.07 EPS.
- [By Lisa Levin]
Companies Reporting After The Bell Booking Holdings Inc. (NASDAQ: BKNG) is projected to post quarterly earnings at $10.67 per share on revenue of $2.87 billion. CenturyLink, Inc. (NYSE: CTL) is expected to post quarterly earnings at $0.19 per share on revenue of $6.00 billion. Albemarle Corporation (NYSE: ALB) is projected to post quarterly earnings at $1.21 per share on revenue of $803.36 million. Spectra Energy Partners, LP (NYSE: SEP) is estimated to post quarterly earnings at $0.81 per share on revenue of $751.57 million. IAC/InterActiveCorp (NASDAQ: IAC) is expected to post quarterly earnings at $0.8 per share on revenue of $923.80 million. Open Text Corporation (NASDAQ: OTEX) is projected to post quarterly earnings at $0.62 per share on revenue of $691.75 million. Tutor Perini Corporation (NYSE: TPC) is expected to post quarterly earnings at $0.29 per share on revenue of $1.09 billion. Twenty-First Century Fox, Inc. (NASDAQ: FOXA) is projected to post quarterly earnings at $0.54 per share on revenue of $7.41 billion. ICU Medical, Inc. (NASDAQ: ICUI) is estimated to post quarterly earnings at $1.84 per share on revenue of $346.28 million. TechnipFMC plc (NYSE: FTI) is expected to post quarterly earnings at $0.33 per share on revenue of $3.13 billion. Synaptics Incorporated (NASDAQ: SYNA) is projected to post quarterly earnings at $0.91 per share on revenue of $401.76 million. The Dun & Bradstreet Corporation (NYSE: DNB) is expected to post quarterly earnings at $1.07 per share on revenue of $386.91 million. Matrix Service Company (NASDAQ: MTRX) is estimated to post quarterly earnings at $0.07 per share on revenue of $285.16 million. Maiden Holdings, Ltd. (NASDAQ: MHLD) is projected to post quarterly earnings at $0.21 per share on revenue of $739.31 million. tronc, Inc. (NASDAQ: TRNC) is expected to post quarterly earnings at $0.65 per share on revenue of $428.25 million. Copa Holdings, - [By Ethan Ryder]
Matrix Service Co (NASDAQ:MTRX) CEO John R. Hewitt sold 17,816 shares of the firm’s stock in a transaction dated Wednesday, June 13th. The shares were sold at an average price of $19.25, for a total transaction of $342,958.00. Following the transaction, the chief executive officer now directly owns 261,213 shares in the company, valued at approximately $5,028,350.25. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Top 5 Casino Stocks To Buy For 2019: Roper Technologies, Inc.(ROP)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Roper Technologies (ROP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Neha Chamaria]
Using the above method, I believe the following five stocks are some of the best Dividend Aristocrats to consider today.
Dividend Aristocrat Payout Ratio (Last 12 Months) 5-Year Dividend CAGR*� 10-Year Dividend CAGR* Ecolab�(NYSE:ECL) 30.2% 12.9% 12.3% W.W. Grainger�(NYSE:GWW) 45.7% 10.6% 14.2% Cintas Corporation�(NASDAQ:CTAS) 23.7% 19.8% 13.1% Roper Technologies�(NYSE:ROP) 14.6% 20.4% 18.5% A. O. Smith�(NYSE:AOS) 33.6% 25.5% (2.2%)*Compound annual growth rate. Data source: S&P Global Market Intelligence. Table by author.
- [By Shane Hupp]
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
Get Roper Technologies alerts: What if Congress kills the Strategic Capabilities Office?; Pentagon projects arms-spending decline; Still no Air Force One deal; and more. (defenseone.com) The Air Force Desperately Wants Hypersonic Weapons (nationalinterest.org) The latest CEO pay numbers are in and the disparities in local compensation are huge (finance.yahoo.com) Free Post Earnings Research Report: Roper��s Quarterly Revenues Rose 11%; Adjusted EPS Surged 24% (finance.yahoo.com) Roper Technologies (ROP) Raised to “Buy” at ValuEngine (americanbankingnews.com)ROP has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $300.00 price objective for the company in a research report on Monday, April 9th. ValuEngine upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Wells Fargo set a $310.00 price objective on shares of Roper Technologies and gave the stock a “buy” rating in a research report on Thursday, January 18th. Stifel Nicolaus restated a “buy” rating and set a $330.00 price objective on shares of Roper Technologies in a research report on Monday, February 5th. Finally, Cowen restated a “buy” rating and set a $310.00 price objective on shares of Roper Technologies in a research report on Tuesday, March 6th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $303.75.
- [By Shane Hupp]
Roper Technologies (NYSE: ROP) and Danaher (NYSE:DHR) are both large-cap industrial products companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, valuation, risk and analyst recommendations.
- [By Lisa Levin]
Breaking news
Roper Technologies Inc (NYSE: ROP) announced plans to acquire PowerPlan for $1.1 billion in cash. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial Inc (NASDAQ: MBFI) for $54.70 per share in cash and stock. General Electric Company (NYSE: GE) agreed to merge its transportation unit with Westinghouse Air Brake Technologies Corp (NYSE: WAB). IHS Markit Ltd (NASDAQ: INFO) announced plans to Ipreo for $1.855 billion.
Top 5 Casino Stocks To Buy For 2019: World Fuel Services Corporation(INT)
Advisors' Opinion:- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers World Fuel Services Corporation (NYSE: INT) tumbled 18 percent to $22.90 following Q1 results. Biglari Holdings Inc. (NYSE: BH) fell 17.4 percent to $349.52. Washington Prime Group will replace Biglari Holdings in the S&P SmallCap 600 on Tuesday, May 1. Flex Ltd. (NASDAQ: FLEX) dipped 15.7 percent to $14.03 after a mixed fourth quarter report. FormFactor, Inc. (NASDAQ: FORM) fell 15.3 percent to $11.65. FormFactor is expected to release Q1 results on May 2. Data I/O Corporation (NASDAQ: DAIO) dropped 14.3 percent to $6.24 following Q1 results. National Instruments Corporation (NASDAQ: NATI) fell 14.3 percent to $ 42.34 after reporting Q1 results. United States Steel Corporation (NYSE: X) dipped 14.2 percent to $32.37 following Q1 results. Civeo Corporation (NYSE: CVEO) dropped 13.5 percent to $3.33. Civeo posted a Q1 loss of $0.42 per share on sales of $101.504 million. athenahealth, Inc. (NASDAQ: ATHN) fell 12.4 percent to $125.310 after reporting Q1 results. Charter Communications, Inc. (NASDAQ: CHTR) shares tumbled 12.1 percent to $262.06 as the company posted Q1 results. Value Line, Inc. (NASDAQ: VALU) fell 11.3 percent to $19.10. Federated Investors, Inc. (NYSE: FII) shares dropped 11.2 percent to $27.605 after the company posted downbeat quarterly earnings. AV Homes, Inc. (NASDAQ: AVHI) declined 10.7 percent to $17.20 following Q1 results. CalAmp Corp. (NASDAQ: CAMP) dropped 9.4 percent to $21.01 after reporting Q4 results. Tandem Diabetes Care, Inc. (NASDAQ: TNDM) shares fell 8.9 percent to $7.280 following mixed Q1 results. Sony Corporation (NYSE: SNE) shares fell 8.4 percent to $45.97 after reporting Q4 results. LogMeIn Inc (NASDAQ: LOGM) fell 8.2 percent to $109.825. LogMeIn reported upbeat earnings for its first quarter, but issued weak second quarter and FY18 earning guidance. Eleven Biotherapeutics, Inc. (NASDAQ: EBIO - [By Lisa Levin]
World Fuel Services Corporation (NYSE: INT) shares dropped 21 percent to $22.05 following Q1 results.
Shares of Biglari Holdings Inc. (NYSE: BH) were down 17 percent to $352.05. Washington Prime Group Inc. (NYSE: WPG) will replace Biglari Holdings in the S&P SmallCap 600 on Tuesday, May 1.
- [By Lisa Levin]
World Fuel Services Corporation (NYSE: INT) shares dropped 19 percent to $22.62 following Q1 results.
Shares of Biglari Holdings Inc. (NYSE: BH) were down 20 percent to $339.00. Washington Prime Group Inc. (NYSE: WPG) will replace Biglari Holdings in the S&P SmallCap 600 on Tuesday, May 1.
- [By Shane Hupp]
World Fuel Services (NYSE:INT) has earned an average rating of “Hold” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $38.00.
- [By Max Byerly]
Get a free copy of the Zacks research report on World Fuel Services (INT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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