Asian ADRs Move Higher in Friday Trading

Asian ADRs Move Higher in Friday Trading

American depository receipts of Asian stocks were trading 0.23% higher at 148.15 on the Bank of New York Mellon Asia ADR Index on Friday. In North Asia, the gainers were led by multimedia company Hong Kong Television Network (HKTVY), which has jumped 30.3%, followed by solar park operator Sky Solar Holdings (SKYS), which has surged 9.3%. Casino and resort operator Melco Crown Entertainment (MPEL) rose 9%, while energy equipment maker […]

Read More ˃
Ferrellgas Partners Upgraded to Sector Perform by RBC

Ferrellgas Partners Upgraded to Sector Perform by RBC

Ferrellgas Partners received an investment-rating upgrade from RBC Capital Markets to sector perform from underperform, even as the firm reduced its price target on the shares of the distributor of propane and related equipment, saying the company is “not out of the woods yet” following a big distribution cut. The price target is now at $6 per unit, down from $11. It is near the units’ Wednesday closing price of […]

Read More ˃
Consumer Stocks Mainly Lower Pre-Bell

Consumer Stocks Mainly Lower Pre-Bell

Consumer shares were mainly lower ahead of the opening bell on Wednesday. In consumer stocks news, Vera Bradley (VRA) tumbled in premarket trading on Wednesday after the designer of women’s handbags provided downbeat revenue guidance for the current quarter and full year, while reporting lower-than-expected profit and revenue for its most recent quarter. Shares in the company were 20.3% lower at $11.70 in pre-market trade. The stock has traded between […]

Read More ˃
Western Digital Shares Spike in After Hours

Western Digital Shares Spike in After Hours

Western Digital shares spiked nearly 6% in after-hours trading Tuesday after the company increased its fiscal Q2 outlook. The company’s share price after hours would mark a new 52-week high for the company of $67.60 versus the current high of $65.99 a share, if the gain holds into Wednesday’s regular session. The company said it expects revenue and earnings to be higher than initially thought for the quarter that ends […]

Read More ˃
Raytheon Gets Pentagon Contracts Worth $9 Million

Raytheon Gets Pentagon Contracts Worth $9 Million

Raytheon Company said the Pentagon’s Defense Advanced Research Projects Agency, better known as DARPA, has awarded the company multiple contracts worth $9 million to research and develop technologies that will detect and respond to cyber attacks on the U.S. power grid infrastructure. The contracts were awarded under DARPA’s Rapid Attack Detection, Isolation and Characterization Systems program. Raytheon BBN will create technologies to provide early warning of an impending attack and […]

Read More ˃
American Water Works’ New Jersey American Water Invests $1.6 Mln in Union

American Water Works’ New Jersey American Water Invests $1.6 Mln in Union

American Water Works’ New Jersey American Water said Friday it is installing $1.6 million of new water mains on Stuyvesant Avenue from Chestnut Street to Vauxhall Road in Union. “Once completed, this improvement project will enhance water service reliability and water flows for household consumption and fire protection,” New Jersey American Water said. The company plans to complete the project by end February while final paving and restoration will be […]

Read More ˃