Equities researchers at Deutsche Bank dropped their target price on shares of Newmont Mining Corp (NYSE:NEM) from $27.00 to $25.00 in a research report issued on Thursday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 8.65% from the stock’s previous close. Newmont Mining Corporation (NYSE:NEM) belongs to Basic Materials sector. Its net profit margin is -6.20% and weekly performance is -4.66%. On last trading day company shares ended up $22.70. Newmont Mining Corporation (NYSE:NEM) distance from 50-day simple moving average (SMA50) is -10.88%.
Announced on Sep 25, Regions Financial Corporation (NYSE:RF) is scheduled to release its third quarter 2014 financial results on Tuesday, October 21, 2014. Executives from the company will review Regions’ third quarter results via teleconference and live audio webcast beginning at 11 a.m. ET. Regions Financial Corporation (NYSE:RF) shares increased 1.92% in last trading session and ended the day at $10.10. RF return on assets is 0.90%. Regions Financial Corporation (NYSE:RF) quarterly performance is -5.78%.
On Sep 25, Fabrinet (NYSE:FN), has again delayed its 10-K report as it reviews its accounting practices concerning consignment goods. The company, which announced in August that it was reviewing accounting issues, said Thursday than an investigation found certain process weaknesses. On 03 October, Fabrinet (NYSE:FN) shares increased 1.62% and was closed at $15.05. FN EPS growth in last 5 year was 8.30%. Fabrinet (NYSE:FN) year to date (YTD) performance is -26.80%.
On Sept. 29, CBD Energy Limited (NASDAQ:CBDE), has entered into an exclusive agreement with API Leisure & Lifestyle (API) through which Westinghouse Solar systems will be directly marketed to all API clients and members. API is Australia’s leading provider of Employee Benefits Programs. API delivers an extensive program of benefits to the staff of many of the most progressive Australian companies. CBD Energy Limited (NASDAQ:CBDE) ended the last trading day at $2.37. Company weekly volatility is calculated as 21.55%. CBD Energy Limited (NASDAQ:CBDE) showed a weekly performance of 8.22%.
At its semi-annual Partner and Supplier Forum, Pratt & Whitney, a United Technologies Corp. company (NYSE: UTX), announced it has signed an additional $6 billion in long-term agreements since May. In total, Pratt & Whitney has signed more than 135 agreements with a projected spend of $16 billion to support the company’s expected production increase. The agreements, which are with key product suppliers from around the world, will help the company increase capacity as it prepares to more than double engine production over the next decade. United Technologies Corporation (NYSE:UTX) shares increased 1.14% in last trading session and ended the day at $104.42. UTX Gross Margin is 27.00% and its return on assets is 6.40%. United Technologies Corporation (NYSE:UTX) quarterly performance is -9.28%.