GC gains from blood products, vaccines
GC’s blood products and vaccines will propel its fourth-quarter earnings, said Cape Investment and Securities on Nov. 29 maintaining a “buy” recommendation.
GC’s blood products and vaccines will propel its fourth-quarter earnings, said Cape Investment and Securities on Nov. 29 maintaining a “buy” recommendation.
SK Gas will return to normal as propane gas price stabilizes, said Cape Investment and Securities on Nov. 29 suggesting a “buy” recommendation and 100,000 won (US$89.10) target price.
Asian equities are largely on the bullish side after the US Federal Reserve’s chairman, Jerome Powell, reversed the US central bank’s previously-hawkish policy, suggesting that current rates are much closer to normal than his previous showings, wordlessly suggesting to broader markets that the Fed may ease off their current path of rate hikes much sooner than previously expected.
Investors should expect to see a slow grind higher in the precious metals market next year as value in the sector continues to grow, according to one research firm.
Among the S&P 500’s biggest fallers on Tuesday November 27 was Alliance Data Systems Corporation (ADS). The stock experienced a 3.55% decline to $193.81 with 738,075 shares changing hands.
Among the biggest risers on the S&P 500 on Tuesday November 27 was Alaska Air Group Inc. ($ALK), popping some 2.69% to a price of $70.75 a share with some 3.1 million shares trading hands.
Naver’s Japanese subsidiary Line’s expansion will help it gain momentum, said KB Investment and Securities on Nov. 28 maintaining a “buy” recommendation and 152,000 won (US$134.80) target price.
Among the S&P 500’s biggest fallers on Tuesday November 27 was Bed Bath & Beyond Inc. (BBBY). The stock experienced a 4.4% decline to $12.38 with 5.59 million shares changing hands.
Oceaneering International (NYSE:OII) – Stock analysts at SunTrust Banks dropped their FY2018 earnings per share estimates for shares of Oceaneering International in a research report issued on Wednesday, November 7th, according to Zacks Investment Research. SunTrust Banks analyst K. Sill now forecasts that the oil and gas company will post earnings per share of ($1.05) for the year, down from their prior forecast of ($1.01). SunTrust Banks currently has a “Hold” rating and a $24.00 price objective on the stock. SunTrust Banks also issued estimates for Oceaneering International’s Q4 2018 earnings at ($0.23) EPS, Q1 2019 earnings at ($0.23) EPS, Q2 2019 earnings at ($0.10) EPS, Q3 2019 earnings at $0.03 EPS, Q4 2019 earnings at ($0.06) EPS, FY2019 earnings at ($0.35) EPS, Q1 2020 earnings at ($0.06) EPS, Q2 2020 earnings at $0.06 EPS and Q3 2020 earnings at $0.19 EPS.
U.S. investment bank Morgan Stanley upgraded its stance on South Korean equities by one notch to “equal weight (EW),” citing attractive valuation, but it expected any immediate recovery in Korean equities would be unlikely.