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Yahoo Finance's Morning Rundown, February 13

The morning's top headlines

  • BMC Stock Holdings, Inc. (BMCH)Hedge Funds Are Snapping Up
    Business
    Insider Monkey

    BMC Stock Holdings, Inc. (BMCH)Hedge Funds Are Snapping Up

    BMC Stock Holdings, Inc. NASDAQ:BMCH) has seen an increase in hedge fund interest of late. BMCH was in 25 hedge funds' portfolios at the end of September.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of SXE earnings conference call or presentation 14-Nov-18 4:00pm GMT

    Southcross Energy Partners, L.P. - Chairman, President & CEO * Joel D. Moxley Southcross Energy Partners, L.P. - Senior VP & Chief Commercial Officer of Southcross Energy Partners GP LLC

  • See what the IHS Markit Score report has to say about L3 Technologies Inc.
    Business
    Markit

    See what the IHS Markit Score report has to say about L3 Technologies Inc.

    NYSE:LLL Score: Positive (86) 2 days at current score. Upgraded from Neutral on December 12th 2018 Summary This company ranked positively compared to the Industrials sector despite only 2 positive IHS Markit Categories ETFs holding this stock are seeing positive inflows Bearish sentiment is low Short interest | Positive Short interest is extremely low for LLL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LLL.

  • Should Value Investors Buy Altisource Portfolio Solutions (ASPS) Stock?
    Business
    Zacks

    Should Value Investors Buy Altisource Portfolio Solutions (ASPS) Stock?

    The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

  • Why Wheaton Precious Metals Stock Is Soaring Today
    Business
    Motley Fool

    Why Wheaton Precious Metals Stock Is Soaring Today

    Shares of Wheaton Precious Metals (NYSE: WPM) had surged more than 11% by 10:45 a.m. EST on Friday after the precious metals streaming company settled its Canadian tax dispute. Wheaton Precious Metals reached a settlement with the Canada Revenue Agency (CRA) in their dispute for the tax years 2005 to 2010. The agreement stipulates that foreign income generated by Wheaton International isn't subject to tax in Canada.

  • Why XPO Logistics Stock Just Popped 13%
    Business
    Motley Fool

    Why XPO Logistics Stock Just Popped 13%

    What happened Give them credit: XPO Logistics (NYSE: XPO), and the analysts who follow it, are doing their level best to make this a December to remember for XPO shareholders. On Wednesday, the stock sold off hard after the company issued an earnings warning by the roundabout route of making an SEC 8-K filing. Thursday, shares were punished further when short-seller Spruce Point Capital took advantage of the negative sentiment by issuing a short report accusing the company of "financial irregularities" and recommending that investors dump their shares.

  • See what the IHS Markit Score report has to say about AmerisourceBergen Corp.
    Business
    Markit

    See what the IHS Markit Score report has to say about AmerisourceBergen Corp.

    NYSE:ABC Score: Negative (10) 24 days at current score. Downgraded from Neutral on November 20th 2018 Summary This company ranked positively in 3 out of 4 IHS Markit Categories but negatively compared to the Consumer Services sector Perception of the company's creditworthiness is negative ETFs holding this stock are seeing positive inflows Bearish sentiment is low Economic output in this company's sector is expanding Short interest | Positive Short interest is low for ABC with fewer than 5% of shares on loan.

  • Johnson & Johnson shares fall after report says it knew of asbestos in baby powder
    Business
    Yahoo Finance Video

    Johnson & Johnson shares fall after report says it knew of asbestos in baby powder

    Investors are ditching Johnson & Johnson after a damning new report shows the company knew about asbestos in its baby powder for decades. Yahoo Finance's Adam Shapiro, Julie Hyman, and Pras Subramanian discuss along with The Bullseye Brief author and publisher Adam Johnson

  • Schlumberger (SLB) Dips More Than Broader Markets: What You Should Know
    Business
    Zacks

    Schlumberger (SLB) Dips More Than Broader Markets: What You Should Know

    Meanwhile, our latest consensus estimate is calling for revenue of $8.23 billion, up 0.62% from the prior-year quarter. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

  • Costco stock set for worst one-day decline in 10 years after sales miss, but analysts are unfazed
    Business
    MarketWatch

    Costco stock set for worst one-day decline in 10 years after sales miss, but analysts are unfazed

    The company said fulfillment costs are also pressuring core gross margin, and we believe price investments continue to be a headwind,” Astrachan wrote in a note. Going forward, “we anticipate the company will continue to invest in price and digital/e-commerce to further reinforce its value proposition, which we view as key to sustaining favorable comp and traffic trends and continued outperformance relative to peers,” said the note. Read now: Online retail sales on Thanksgiving day jump 28% from last year Also: Blue Apron’s Costco pilot coming to a halt indefinitely BMO Capital Markets analyst Kelly Bania said Costco is being disciplined on cost and succeeding in driving customer loyalty.

  • Business
    Zacks

    5 Biotech Stocks Set to Bounce Back in '19 After a Rough Ride

    Please note that this industry includes large as well as small biotech companies that are much riskier than drug companies, which make specialty medicines. Pipeline setbacks faced by the companies in this industry have been responsible for the industry’s disappointing performance this year so far. Some of these clinical stage drugmakers are dependent on just one pipeline candidate.

  • See what the IHS Markit Score report has to say about Chesapeake Energy Corp.
    Business
    Markit

    See what the IHS Markit Score report has to say about Chesapeake Energy Corp.

    NYSE:CHK Score: Negative (4) 24 days at current score. Downgraded from Neutral on November 20th 2018 Summary This company ranked negatively compared to the Energy sector with 2 negative IHS Markit Categories Perception of the company's creditworthiness is negative and weakening ETFs holding this stock are seeing positive inflows Bearish sentiment is high Economic output in this company's sector is contracting Short interest | Negative Short interest is extremely high for CHK with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting CHK.

  • Hedge Funds Are Buying At Home Group Inc. (HOME)
    Business
    Insider Monkey

    Hedge Funds Are Buying At Home Group Inc. (HOME)

    At Home Group Inc. NYSE:HOME) investors should pay attention to an increase in hedge fund interest lately. Our calculations also showed that HOME isn't among the 30 most popular stocks among hedge funds.

  • Business
    Barrons.com

    Dow Drops 400 Points Because the Market’s Worst Fear Could Be Coming True

    U.S. stocks traded sharply lower on Friday after the economies of Europe and China began to flash warning signs. Disappointing economic data in China and Europe have added to fears about a growing slowdown and helped sink the market today. The S&P 500 has fallen 1.4% to 2,613.92, while the Dow Jones Industrial Average has dropped 416.52 points, or 1.7%, to 24,180.86, and the Nasdaq Composite has declined 1.2% to 6,985.83.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of MRCC earnings conference call or presentation 7-Nov-18 3:30pm GMT

    As of the end of the third quarter, our SLF had experienced portfolio growth to $134.9 million in fair value, a 42% increase from the $94.8 million at fair value at the end of the prior quarter. The weighted average yield in the SLF portfolio decreased slightly to 7.4% from 7.5% at the end of the prior quarter. As of quarter end, the SLF had debt outstanding on its leverage facility of $81.4 million at a rate of 4.6%, or LIBOR plus 2.25%.

  • Record number of investors moving out of equity funds
    Business
    Yahoo Finance Video

    Record number of investors moving out of equity funds

    Market volatility continues to unnerve investors. Yahoo Finance's Julie Hyman, Adam Shapiro and Timothy Chubb CIO of Univest Wealth Management Division discuss.

  • See what the IHS Markit Score report has to say about Spectrum Brands Holdings Inc.
    Business
    Markit

    See what the IHS Markit Score report has to say about Spectrum Brands Holdings Inc.

    NYSE:SPB Score: Neutral (63) 1 day at current score. Downgraded from Positive on December 14th 2018 Summary This company ranked neutral compared to the Consumer Goods sector with only 1 positive IHS Markit Category ETFs holding this stock are seeing positive inflows Bearish sentiment is moderate and increasing Short interest | Neutral Short interest is moderate for SPB with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on December 12.

  • Do Hedge Funds Love Tailored Brands, Inc. (TLRD)?
    Business
    Insider Monkey

    Do Hedge Funds Love Tailored Brands, Inc. (TLRD)?

    Our calculations also showed that TLRD isn't among the 30 most popular stocks among hedge funds. In the financial world there are a large number of tools investors have at their disposal to grade stocks. A pair of the most under-the-radar tools are hedge fund and insider trading indicators.

  • Business
    InvestorPlace

    Trade of the Day: This Is How Far the QQQ Tech ETF Could Fall

    The broader stock market has seen increased turbulence over the past couple of months. The area of the stock market where investors felt this most severely was the large-cap technology stocks as represented by the popular PowerShares QQQ ETF (NASDAQ:QQQ). It is my sense that the QQQ ETF has plenty more downside in 2019 and more volatility for active investors and traders to feast on.

  • Is Abeona Therapeutics Inc (ABEO) A Good Stock To Buy?
    Business
    Insider Monkey

    Is Abeona Therapeutics Inc (ABEO) A Good Stock To Buy?

    We aren't sure whether long-term interest rates will top 5% and value stocks outperform growth, but we follow hedge fund investor letters to understand where the markets and stocks might be going. This article will lay out and discuss the hedge fund and institutional investor sentiment towards Abeona Therapeutics Inc (NASDAQ:ABEO). Is Abeona Therapeutics Inc (NASDAQ:ABEO) a buy right now?

  • See what the IHS Markit Score report has to say about Zimmer Biomet Holdings Inc.
    Business
    Markit

    See what the IHS Markit Score report has to say about Zimmer Biomet Holdings Inc.

    NYSE:ZBH Score: Positive (67) 1 day at current score. Upgraded from Neutral on December 13th 2018 Summary This company ranked positively in all 3 IHS Markit categories and the Healthcare sector ETFs holding this stock are seeing positive inflows Bearish sentiment is low Economic output in this company's sector is expanding Short interest | Positive Short interest is low for ZBH with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

  • Has HealthEquity (HQY) Outpaced Other Medical Stocks This Year?
    Business
    Zacks

    Has HealthEquity (HQY) Outpaced Other Medical Stocks This Year?

    Investors focused on the Medical space have likely heard of HealthEquity (HQY), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question. HealthEquity is a member of the Medical sector.

  • Blackstone Group (BX) Dips More Than Broader Markets: What You Should Know
    Business
    Zacks

    Blackstone Group (BX) Dips More Than Broader Markets: What You Should Know

    In that same time, the Finance sector lost 4.48%, while the S&P 500 lost 2.56%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.58 billion, down 16.14% from the year-ago period. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

  • See what the IHS Markit Score report has to say about W W Grainger Inc.
    Business
    Markit

    See what the IHS Markit Score report has to say about W W Grainger Inc.

    NYSE:GWW Score: Negative (29) 3 days at current score. Downgraded from Neutral on December 11th 2018 Summary This company ranked negatively compared to the Industrials sector despite 1 positive IHS Markit Category ETFs holding this stock are seeing positive inflows Bearish sentiment is moderate Short interest | Neutral Short interest is moderate for GWW with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

  • See what the IHS Markit Score report has to say about KLA-Tencor Corp.
    Business
    Markit

    See what the IHS Markit Score report has to say about KLA-Tencor Corp.

    NASDAQ/NGS:KLAC Score: Negative (33) 3 days at current score. Downgraded from Neutral on December 11th 2018 Summary This company ranked negatively compared to the Technology sector despite 1 positive IHS Markit Category Bearish sentiment is low Short interest | Positive Short interest is low for KLAC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.