Warren Buffett’s Berkshire Hathaway Inc. struck a deal for Lee Enterprises Inc. to manage its newspapers in 30 markets as the billionaire seeks a way to grapple with falling revenue in the media industry.
Berkshire will pay Lee to manage the papers and work to transform the businesses in exchange for an annual fee of $5 million plus a percentage of profits above benchmarks over five years, Lee said Tuesday in a statement. The deal doesn’t include the Buffalo News.
Top 5 Warren Buffett Stocks To Watch Right Now: Shake Shack, Inc.(SHAK)
Advisors' Opinion:- [By Money Morning Staff Reports]
And with just a few smart plays in today's classic stock picker's market, you can pull in triple-digit gains with just a small investment.
Stocks to Watch Today: SBUX, BABA, DWDP Starbucks Corp. (Nasdaq: SBUX) is on the move. The coffee giant has announced that it will launch a trial project in China with Alibaba Group Holding Ltd. (NYSE: BABA) to test the delivery of coffee. Shares of DowDuPont Inc. (NYSE: DWDP) pushed higher after the firm topped both earnings and revenue expectations before the bell. The firm also said that its merger of Dow and DuPont has produced cost savings of roughly $900 million. Look for additional earnings reports from GoPro Inc. (Nasdaq: GPRO), Activision Blizzard Inc. (Nasdaq: ATVI), Tableau Software Inc. (NYSE: DATA), Yum! Brands Inc. (NYSE: YUM), Shake Shack Inc. (NYSE: SHAK), and MGM Resorts International (NYSE: MGM).Follow Money Morning on Facebook, Twitter, and LinkedIn.
- [By Peter Graham]
A long term performance chart shows Sonic Corporation outperforming small cap burger stock peers Red Robin Gourmet Burgers, Inc (NASDAQ: RRGB), Habit Restaurants Inc (NASDAQ: HABT) and Shake Shack Inc (NYSE: SHAK) but also below previous all time highs:
- [By ]
And Shake Shack (Nasdaq: SHAK), which trades at a P/E of 60, is way too expensive for a restaurant, albeit a fast-growing one. While SHAK continues to expand, there are signs of market saturation in some of its target areas. Let's stay away from this stock for now as well.
- [By Dan Caplinger]
Friday was a good day on Wall Street, especially for the large companies that make up the broadest major benchmarks. Market participants didn't let a slightly weak July employment report rain on their parade, instead insisting that the long-term course of the U.S. economy still looks overwhelmingly positive. Nevertheless, that general sentiment wasn't enough to prevent some stocks from posting considerable losses. Shake Shack (NYSE:SHAK), Tesaro (NASDAQ:TSRO), and Square (NYSE:SQ) were among the worst performers on the day. Here's why they did so poorly.
Top 5 Warren Buffett Stocks To Watch Right Now: Ctrip.com International, Ltd.(CTRP)
Advisors' Opinion:- [By Garrett Baldwin]
Money Morning Special Situation Strategist Tim Melvin provides his latest list of stocks that will help you get rich… and stay rich. Check them out right here.
Three Stocks to Watch Today: GE, AMZN, JD General Electric Co. (NYSE: GE) shares are under pressure after the stock received a downgrade from Swiss bank UBS Group AG (NYSE: UBS). The investment bank cut its price target for GE from $16 to $13. The bank cited ongoing struggles at GE's power division as it continues to lose market share. Amazon.com Inc. (Nasdaq: AMZN) stock is on pace to overtake Apple Inc. (Nasdaq: AAPL) after it became the second company to achieve a $1 trillion market capitalization. The stock price has now doubled in a year thanks to its strong growth in retail sales and cloud computing. Apple needed 38 years to achieve the $1 trillion market cap while Amazon needed just 21 years. With that said, both AMZN and AAPL now comprise 8% of the entire S&P 500 market cap. Shares in JD.com Inc. (Nasdaq: JD) fell more than 5% in pre-market hours. Shares are on the decline after police said that its billionaire founder was arrested last week on charges of sexual assault. Look for additional earnings reports from Ctrip.com International Ltd. (Nasdaq: CTRP), Guidewire Software Inc. (Nasdaq: GWRE), Ollie's Bargain Outlet Holdings Inc. (Nasdaq: OLLI), Vera Bradley Inc. (NYSE: VRA), and Verint Systems Inc. (Nasdaq: VRNT)Follow Money Morning on Facebook, Twitter, and LinkedIn.
- [By Lisa Levin] Gainers Gramercy Property Trust (NYSE: GPT) rose 13.4 percent to $27.01 in pre-market trading after the company agreed to be acquired by Blackstone Group L.P. (NYSE: BX) for $27.50 per share. Warrior Met Coal, Inc. (NYSE: HCC) rose 9.1 percent to $30 in pre-market trading after climbing 5.61 percent on Friday. Check-Cap Ltd. (NASDAQ: CHEK) rose 6.2 percent to $4.83 in pre-market trading after falling 48.35 percent on Friday. Ceragon Networks Ltd. (NASDAQ: CRNT) rose 6 percent to $2.85 in pre-market trading after climbing 1.89 percent on Friday. Ctrip.com International, Ltd. (NASDAQ: CTRP) rose 4.8 percent to $43.15 in pre-market trading. G1 Therapeutics, Inc. (NASDAQ: GTHX) rose 3.2 percent to $44.00 in pre-market trading after climbing 6.92 percent on Friday. Synchrony Financial (NYSE: SYF) rose 3.2 percent to $33.68 in pre-market trading after gaining 2.03 percent on Friday. Starbucks Corporation (NASDAQ: SBUX) rose 3.1 percent to $59.45 in pre-market trading. Nestle announced plans to acquire rights to market, sell and distribute Starbucks Brands.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By WWW.GURUFOCUS.COM]
For the details of NEW SILK ROAD INVESTMENT PTE LTD's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=NEW+SILK+ROAD+INVESTMENT+PTE+LTD
These are the top 5 holdings of NEW SILK ROAD INVESTMENT PTE LTDAlibaba Group Holding Ltd (BABA) - 677,332 shares, 41.79% of the total portfolio. Shares reduced by 1.25%Ctrip.com International Ltd (CTRP) - 1,018,590 shares, 14.18% of the total portfolio. New PositionWeibo Corp (WB) - 428,600 shares, 11.74% of the total portfolio. New PositionYum China Holdings Inc (YUMC) - 771,644 shares, 10.15% of the total portfolio. Shares reduced by 42.41%HDFC Bank Ltd (HDB) - 2 - [By Paul Ausick]
Ctrip.com International Ltd. (Nasdaq: CTRP) traded down about 3.5% Monday and posted a new 52-week low of $42.36 after closing Friday at $43.91. The stock’s 52-week high is $60.65. Volume totaled around 4.8 million, about equal to the daily average. The company had no specific news.
- [By Max Byerly]
Get a free copy of the Zacks research report on Ctrip.Com International (CTRP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Teacher Retirement System of Texas raised its position in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 407.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,464 shares of the company’s stock after buying an additional 71,017 shares during the quarter. Teacher Retirement System of Texas’ holdings in Ctrip.Com International were worth $4,214,000 at the end of the most recent quarter.
Top 5 Warren Buffett Stocks To Watch Right Now: Noah Holdings Ltd.(NOAH)
Advisors' Opinion:- [By Stephan Byrd]
Noah Coin (CURRENCY:NOAH) traded down 0.2% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on May 14th. Noah Coin has a market capitalization of $0.00 and approximately $2.39 million worth of Noah Coin was traded on exchanges in the last day. One Noah Coin token can currently be purchased for approximately $0.0083 or 0.00000095 BTC on cryptocurrency exchanges. Over the last seven days, Noah Coin has traded down 8.5% against the US dollar.
- [By Joseph Griffin]
Noah Coin (CURRENCY:NOAH) traded up 4% against the US dollar during the 1 day period ending at 23:00 PM E.T. on May 18th. During the last seven days, Noah Coin has traded down 6.4% against the US dollar. One Noah Coin token can now be purchased for about $0.0079 or 0.00000096 BTC on exchanges. Noah Coin has a market cap of $0.00 and $4.58 million worth of Noah Coin was traded on exchanges in the last day.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) fell 13.2 percent to $10.95 in pre-market trading after dropping 1.33 percent on Friday. Banco Santander, S.A. (NYSE: SAN) shares fell 8.7 percent to $5.33 in pre-market trading after declining 2.83 percent on Friday. Synchrony Financial (NYSE: SYF) fell 8 percent to $32.75 in the pre-market trading session. AerCap Holdings N.V. (NYSE: AER) shares fell 7.4 percent to $51.17 in pre-market trading. Inovio Pharmaceuticals, Inc. (NASDAQ: INO) fell 7.4 percent to $4.54 in pre-market trading. Tailored Brands, Inc. (NYSE: TLRD) fell 7 percent to $31.83 in pre-market trading. California Resources Corporation (NYSE: CRC) shares fell 6.5 percent to $30.29 in pre-market trading after dropping 10.60 percent on Friday. Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) fell 6.2 percent to $6.85 in pre-market trading. RedHill Biopharma Ltd. (NASDAQ: RDHL) fell 6 percent to $6.67 in pre-market trading. QEP Resources, Inc. (NYSE: QEP) shares fell 5.8 percent to $11.45 in pre-market trading after dropping 6.75 percent on Friday. Noah Holdings Limited (NYSE: NOAH) fell 5.5 percent to $61.53 in pre-market trading. CNH Industrial N.V. (NYSE: CNHI) shares fell 5.2 percent to $11.70 in pre-market trading - [By Max Byerly]
Noah Holdings (NYSE:NOAH)’s share price hit a new 52-week high and low on Monday . The stock traded as low as $57.81 and last traded at $57.76, with a volume of 191661 shares traded. The stock had previously closed at $54.50.
- [By Max Byerly]
Get a free copy of the Zacks research report on Noah (NOAH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Noah (NYSE: NOAH) and MAN Grp PLC/ADR (OTCMKTS:MNGPY) are both mid-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, analyst recommendations, dividends, valuation, risk, institutional ownership and earnings.
Top 5 Warren Buffett Stocks To Watch Right Now: Tyco International Ltd.(Switzerland)
Advisors' Opinion:- [By ]
In addition to South Korea’s small ETF, there are a few funds traded in Europe that track Mexican assets. Here are the ones to watch:
Xtrackers MSCI Mexico UCITS ETF (Germany)iShares MSCI Mexico Capped UCITS ETF USD (Switzerland)HSBC MSCI Mexico Capped UCITS ETF (U.K.)Kim Kindex MSCI Mexico ETF (South Korea)StocksSome of the larger companies based in Mexico are dual listed in Europe. While trading in these securities is limited, there may be some movement in the European morning hours. Here are a few to watch:
Top 5 Warren Buffett Stocks To Watch Right Now: Apartment Investment and Management Company(AIV)
Advisors' Opinion:- [By Max Byerly]
Apartment Investment and Management (NYSE:AIV) had its hold rating reiterated by analysts at BMO Capital Markets. They currently have a $47.00 price target on the stock.
- [By Max Byerly]
Bank of Montreal Can increased its position in shares of Apartment Investment and Management Co (NYSE:AIV) by 91.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,796 shares of the real estate investment trust’s stock after buying an additional 88,340 shares during the period. Bank of Montreal Can owned about 0.12% of Apartment Investment and Management worth $7,818,000 at the end of the most recent quarter.
- [By Ethan Ryder]
Apartment Investment and Management (NYSE:AIV)‘s stock had its “hold” rating reiterated by equities researchers at BMO Capital Markets in a research report issued on Thursday. They currently have a $44.00 price target on the real estate investment trust’s stock. BMO Capital Markets’ price target suggests a potential upside of 3.92% from the company’s current price.
- [By Ethan Ryder]
These are some of the headlines that may have effected Accern’s scoring:
Get Apartment Investment and Management alerts: Jefferies Financial Group Initiates Coverage on Apartment Investment and Management (AIV) (americanbankingnews.com) Free Research Report as Apartment Investment and Management's AFFO Rose 6% (finance.yahoo.com) $245.43 Million in Sales Expected for Apartment Investment and Management Co (AIV) This Quarter (americanbankingnews.com) $0.61 EPS Expected for Apartment Investment and Management Co (AIV) This Quarter (americanbankingnews.com) Apartment Investment and Management (AIV) PT Raised to $48.00 (americanbankingnews.com)AIV has been the topic of a number of research reports. Zacks Investment Research lowered shares of Apartment Investment and Management from a “hold” rating to a “sell” rating in a research note on Monday, February 19th. BMO Capital Markets raised shares of Apartment Investment and Management from an “underperform” rating to a “market perform” rating and set a $42.00 target price on the stock in a research note on Friday, March 2nd. SunTrust Banks set a $44.00 target price on shares of Apartment Investment and Management and gave the company a “buy” rating in a research note on Friday, March 2nd. Barclays reaffirmed a “buy” rating and set a $48.00 target price on shares of Apartment Investment and Management in a research note on Tuesday, March 13th. Finally, Zelman & Associates lowered shares of Apartment Investment and Management from a “hold” rating to a “sell” rating in a research note on Thursday, May 10th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $46.00.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Apartment Investment and Management (AIV)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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