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FinTech money transfer companies have dramatically changed the way we move money from one country to another. The traditional model which espouses banks as the de facto money transmission mechanism is quickly losing favour with clients around the world. For starters, banks and institutional financial organizations eat into more of every $1 sent abroad than […]

Wall Street brokerages expect Sirius XM Holdings Inc (NASDAQ:SIRI) to announce earnings per share (EPS) of $0.05 for the current quarter, Zacks reports. Five analysts have provided estimates for Sirius XM’s earnings, with the lowest EPS estimate coming in at $0.05 and the highest estimate coming in at $0.06. Sirius XM posted earnings of $0.06 […]

Genuine Parts (NYSE:GPC) updated its FY19 earnings guidance on Thursday. The company provided EPS guidance of $5.65-5.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.91. The company issued revenue guidance of $19.58-19.77 billion (+4.5-5.5%), compared to the consensus revenue estimate of $19.55 billion.Genuine Parts also updated its FY 2019 guidance […]

Taiwan Semiconductor Mfg. (NYSE:TSM) posted its earnings results on Thursday. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01), Morningstar.com reports. Taiwan Semiconductor Mfg. had a return on equity of 19.01% and a net margin of 31.42%. The firm had revenue of $241 billion […]

Zacks Investment Research lowered shares of Regenxbio (NASDAQ:RGNX) from a hold rating to a sell rating in a report issued on Wednesday morning, Zacks.com reports. According to Zacks, “REGENXBIO Inc. is a biotechnology company. The Company focuses on the development, commercialization and licensing of recombinant adeno-associated virus gene therapy. Its products candidates include RGX-501, for […]

Zacks Investment Research lowered shares of Pennantpark Floating Rate Capital (NASDAQ:PFLT) from a buy rating to a hold rating in a report published on Wednesday, Zacks.com reports. According to Zacks, “PennantPark Floating Rate Capital Ltd. is a business development company. It is a closed-end, externally managed and non-diversified investment company. Its investment objectives are to […]

VOLVO AB/ADR (OTCMKTS:VLVLY) announced its quarterly earnings results on Thursday. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08, Morningstar.com reports. VOLVO AB/ADR had a return on equity of 24.85% and a net margin of 7.43%. The company had revenue of $12.78 billion for the […]

Bank of New York Mellon (NYSE:BK) announced its quarterly earnings data on Wednesday. The bank reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.07, RTT News reports. The firm had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.92 billion. Bank of New York […]

Cintas (NASDAQ:CTAS) had its price objective raised by Royal Bank of Canada to $267.00 in a research note published on Wednesday, The Fly reports. Royal Bank of Canada currently has an outperform rating on the business services provider’s stock. Several other analysts have also commented on the stock. Credit Suisse Group set a GBX 3,090 […]

Zacks Investment Research lowered shares of Kala Pharmaceuticals (NASDAQ:KALA) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning, Zacks.com reports. According to Zacks, “Kala Pharmaceuticals, Inc. is a biopharmaceutical company. It focused on the development and commercialization of therapeutics through its nanoparticle-based Mucus Penetrating Particles technology. […]

Zacks Investment Research upgraded shares of Loop Industries (NASDAQ:LOOP) from a hold rating to a buy rating in a report released on Wednesday morning, Zacks.com reports. The brokerage currently has $14.00 price objective on the financial services provider’s stock. According to Zacks, “Loop Industries Inc. is a technology company. It created a revolutionary process which […]

BidaskClub upgraded shares of LKQ (NASDAQ:LKQ) from a sell rating to a hold rating in a research note published on Wednesday morning, BidAskClub reports. Other equities research analysts have also recently issued research reports about the stock. Raymond James set a $33.00 price target on shares of LKQ and gave the company a buy rating […]

BidaskClub cut shares of Northern Trust (NASDAQ:NTRS) from a hold rating to a sell rating in a research note published on Wednesday morning, BidAskClub reports. A number of other brokerages have also issued reports on NTRS. Wells Fargo & Co reaffirmed a hold rating and set a $11.00 target price on shares of Coty in […]

Cowen reiterated their market perform rating on shares of CSX (NASDAQ:CSX) in a report published on Wednesday morning, Briefing.com Automated Import reports. They currently have a $78.00 price objective on the transportation company’s stock, down from their prior price objective of $80.00. CSX has been the topic of a number of other reports. Credit Suisse […]

Danaher (NYSE:DHR) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.75-4.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.78. Danaher also updated its FY19 guidance to $4.75-4.80 EPS. Several equities research analysts recently issued reports on […]

Zacks Investment Research upgraded shares of Osisko gold royalties (NYSE:OR) from a sell rating to a hold rating in a report issued on Wednesday, Zacks.com reports. According to Zacks, “Osisko Gold Ltd is a mining company which is engaged in exploration and mining for gold and other precious metals. Osisko Gold Ltd is headquartered in […]

Zacks Investment Research lowered shares of Park Hotels & Resorts (NYSE:PK) from a hold rating to a sell rating in a research report released on Wednesday, Zacks.com reports. According to Zacks, “Park Hotels & Resorts Inc. is a lodging Real Estate Company. The company operates luxury hotels and resorts in USA and international market. Park […]

Zacks Investment Research upgraded shares of Eiger Biopharmaceuticals (NASDAQ:EIGR) from a hold rating to a buy rating in a research note published on Tuesday morning, Zacks.com reports. The brokerage currently has $12.00 target price on the biotechnology company’s stock. According to Zacks, “Eiger BioPharmaceuticals, Inc. is a biopharmaceutical company which develops and manufactures drugs and […]

Zacks Investment Research cut shares of DiaMedica Therapeutics (NASDAQ:DMAC) from a buy rating to a hold rating in a research report released on Tuesday morning, Zacks.com reports. According to Zacks, “DiaMedica Therapeutics Inc. is a biopharmaceutical company. It engages in the development of novel recombinant proteins and monoclonal antibodies. The companys lead product principally consists […]

eBay (NASDAQ:EBAY) updated its FY19 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.70-2.75 for the period, compared to the Thomson Reuters consensus estimate of $2.70. The company issued revenue guidance of $10.75-10.83 billion, compared to the consensus revenue estimate of $10.92 billion.eBay also updated its FY 2019 guidance to […]

Zacks Investment Research downgraded shares of BRAINSWAY LTD/S (NASDAQ:BWAY) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning, Zacks.com reports. According to Zacks, “BrainsWay Ltd. is a commercial stage medical device company. It is focused on the development and sale of non-invasive neuromodulation products using the […]