News

CAR

Hertz (HTZ) Hurts After Trimmed Guidance

Joel Anderson | Equities.com |

Shares in car-rental service Hertz Global Holdings, Inc. (HTZ) shed more than 15 percent of their value on Thursday after the company cut guidance for its full year earnings. The company


Stocks Under $10: Sirius XM Radio

Richard Suttmeier | Equities.com |

Sirius XM Radio (SIRI) – ($3.27) has a Hold rating according to ValuEngine with fair value at $2.11, which makes the stock 55.3% overvalued. The stock has a one-year price target at $3.27.


Zipcar Agrees to be Bought by Avis Budget Group for $500 Million

Andrew Klips | Equities.com |

Car-sharing company Zipcar, Inc. (ZIP) said Wednesday that it has agreed to be acquired by Avis Budget Group, Inc. (CAR) for $12.25 per share in an all-cash transaction valued at approximately


Equities Sector Coverage: Stocks Pare Losses But Dow Still Closes in Red

Sector Recap | Equities.com |

Consumer credit expanded by $21.36 billion in March, more than twice of the amount that was expected and at the fastest rate since late 2001. The Dow Jones Industrial Average traded down to


Equities Sector Coverage: Stocks Rebound as May Starts Off in Green

Sector Recap | Equities.com |

Construction Spending in March was weaker than expected with a rise of just 0.1%. The ISM manufacturing index was stronger than expected in April at 54.8. The Dow Jones Industrial Average traded


Equities Sector Coverage: Wall Street Stays Flat After Enduring Tough Week

Sector Recap | Equities.com |

The Dow Jones Industrial Average traded above its 200-day simple moving average at 11,939 on Friday, as the 50-day remains a support at 11,809. The close was below its 200-day. The NASDAQ


Equities Sector Coverage: Wall Street Tumbles Before Thanksgiving Holiday

Sector Recap | Equities.com |

Durable Goods Orders fell 0.7% in October from the month prior, but excluding the transportation component were up 0.7%. New claims for unemployment benefits came in at 393,000 last week still


Stocks with Major Insider Buying

Brittney Barrett | Equities.com |

Deciding the best stocks to invest in amid the volatility and fear mongering of late can be challenging. Traditional metrics used to asses the value of publicly traded companies seem outdated


Equities Sector Coverage: Financials Dragged Lower On Outlook Weakness

Sector Recap | Equities.com |

This week’s economic data includes New Home Sales on Tuesday, Durable Goods Orders on Wednesday and Preliminary GDP for Q2 and Michigan Consumer Sentiment on Friday. The Dow Jones Industrial


Equities Market Recap: Consumer Reports and Strong Industrials Inspire Major Gains

Brittney Barrett | Equities.com |

Stronger-than-expected consumer optimism and impressive earnings from major industrials led stocks to multi-year highs today. The Dow Jones Industrial Average rocketed 115.49 points, or 0.93


World Economic Forum at Davos 2019 - Joseph Weinberg CEO PayCase, Chairman Shyft

Matt Bird sits down with Joseph Weinberg CEO PayCase, Chairman Shyft at the World Economic Forum at Davos 2019


Events

National Investment Banking Association

The National Investment Banking Association (NIBA) is proud to host its 147th investment conference on November 12-13, 2019 at the The Westin New York at Times Square in New York,…

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