BP plc (NYSE:BP)‘s stock had its “neutral” rating reissued by analysts at Oddo & Cie in a research report issued to clients and investors on Friday. They currently have a GBX 510 ($8.29) price target on the stock. Oddo & Cie’s price objective suggests a potential upside of 8.48% from the stock’s previous close. BP…
Twitter Inc. (NYSE:TWTR) has announced plans to sell convertible bonds as it looks to raise cheap cash, a tactic used by several other companies. The market took a cautious approach on the news, with the stock closing down 0.51%. Twitter, Inc. (NYSE:TWTR)’s stock on 15 September traded at beginning with a price of $51.60 and…
On Sept. 11, 2014 Autobytel Inc. (Nasdaq:ABTL), pioneer of the automotive Internet and the company dedicated to connecting automotive consumers with dealers, announced it expects revenue growth at the high end of its previously announced business outlook, or a revenue increase in the range of 25% to 26% compared with last year’s third quarter. Autobytel…
Shares of Delta Air Lines, Inc. (DAL), JetBlue Airways Corporation (NASDAQ:JBLU), American Airlines Group Inc (AAL), Southwest Airlines Co (LUV), and United Airlines, Inc., subsidiary of United Continental Holdings Inc (UAL) the largest airlines operating in the US – have seen a marked increase in stock price since the beginning of 2014. JetBlue Airways Corporation…
America Movil SAB de CV (ADR) (AMX) is in talks with Oi SA (NYSE:OIBR) to launch a joint bid for Telecom Italia SpA’s (ADR) (TI) Brazilian wireless unit.A formal deal between the two companies has not been reached yet but Banco BTG Pactual SA is facilitating the talks. Financial Times quoted a source close to…
Wells Fargo & Co (NYSE:WFC) has for the first time decided to expand the use of ETFs and Bond Funds to create some good quality portfolios. As per the information made available by the company, it used to invest into individual securities including bonds in order to generate significant returns under Compass Advisory Program’s fixed…
Tech Analysis & Market News