Kirby’s Coastal Operations Continue to Improve in the First Quarter

Kirby’s KEX first-quarter revenue fell 1% from last year. The decline was driven by anemic demand for United’s pressure pumping units, tempered by solid inland trends and improvement in coastal operations. The marine transportation business (75% of first-quarter sales) saw revenue increase 25%, thanks to persistent petrochemical and crude oil shipment demand, which is supporting…

Read More

Momentum Stocks – Goldman Sachs (NYSE:GS) , Tel-Instrument Electronics Corp. (NYSEMKT:TIK) , Marsh & McLennan Companies, (NYSE:MMC) , Simpson Manufacturing Co, Inc. (NYSE:SSD)

Data signaling strength in the world’s largest economy prompted Goldman Sachs Group Inc. (NYSE:GS) to push forward its forecast for when Fed will raise interest rates to the third quarter of next year rather than the first three months of 2016. Goldman Sachs Group Inc (NYSE:GS) stock performance was 1.33% in last session and finished…

Read More

Trader’s Recap – The Gap Inc. (NYSE:GPS), Naugatuck Valley Financial Corporation (NASDAQ:NVSL), Energy Transfer Partners LP (NYSE:ETP) , Washington Trust Bancorp (NASDAQ:WASH)

The Gap Inc (NYSE:GPS) had its price target reduced by Sterne Agee from $47.00 to $46.00 in a research report sent to investors on Friday morning. The Gap Inc. (NYSE:GPS) stock performance was -1.06% in last session and finished the day at $40.22. Traded volume was 3.99million shares in the last session and the average…

Read More

News Buzz – ACI Worldwide Inc (NASDAQ:ACIW), Workday Inc (NYSE:WDAY), Nature’s Sunshine Prod. (NASDAQ:NATR), Ophthotech Corp (NASDAQ:OPHT)

ACI Worldwide (NASDAQ:ACIW) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Monday. The firm currently has a $59.10 price target on the stock. Zacks‘s price objective would indicate a potential upside of 5.54% from the stock’s previous close. ACI Worldwide Inc (NASDAQ:ACIW) stock performance was 1.03%…

Read More