MORE than 328 million was wiped off the market value of Aberdeen-based transport giant FirstGroup as its shares plunged by nearly a third after it asked shareholders for 615m to reduce its debt pile and turn around its bus and rail operations.
The firm currently has a "buy" rating on the stock. The analysts wrote, "We continue to like the specialty retail group heading into 1Q earnings.
They currently have a $71.00 target price on the stock, down from their previous target price of $76.00. The analysts wrote, "We are lowering our rating on the shares of Bed Bath & Beyond to Hold from Buy while taking down the price target to $71 from $76. Although we believe this company has all the potential to become an omni-channel leader in ... (more)
Heather Tomkins, a Web Design and New Media graduate student at Academy of Art University, will be spending the summer working at Klout, the San Francisco tech company that measures the influence of social media users, thanks to the Kleiner Perkins Design Fellows Program.
I've never had the pleasure of meeting Marvin Blum. But if I ever do, I'd like to shake his hand.
A Goldman Sachs sign is seen over their kiosk on the floor of the New York Stock Exchange, April 26, 2010.
A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering.
's stock had its "hold" rating restated by equities researchers at Jefferies Group in a report issued on Monday, AnalystRatingsNetwork reports.
The firm currently has a "hold" rating on the stock. Cable & Wireless Communications traded up 0.89% on Monday, hitting GBX 44.30. Cable & Wireless Communications has a 52-week low of GBX 27.07 and a 52-week high of GBX 43.805. The stock's 50-day moving average is currently GBX 35.68. The company's market cap is 1.104 billion.
A screen shot of Warren Buffett making a YouTube pitch for Empire State Development, which promotes economic growth in New York.
Following WrestleMania is always a daunting challenge, and this year's Extreme Rules seems particularly light by comparison.
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc.
Nigel Wright has resigned as Prime Minister Stephen Harper's chief of staff, following revelations he wrote a $90,000 cheque to repay improperly claimed housing expenses for Senator Mike Duffy.
A program that could lead to 110 megawatts of new solar electrical generation across the nation was announced by Goldman Sachs and SolarCity .
's stock had its "buy" rating reaffirmed by Bank of America in a research note issued on Monday, Analyst Ratings Network reports.
China Petroleum and Chemical traded up 0.56% on Monday, hitting $110.40. China Petroleum and Chemical has a 52-week low of $82.51 and a 52-week high of $122.81. The stock's 50-day moving average is currently $111.0. The company has a market cap of $97.415 billion and a price-to-earnings ratio of 9.30. Other equities research analysts have also ... (more)