Fmr LLC Boosts Stock Holdings in LCI Industries (NYSE:LCII)

Fmr LLC boosted its position in LCI Industries (NYSE:LCII) by 6,403.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,024 shares of the company’s stock after purchasing an additional 6,916 shares during the period. Fmr LLC’s holdings in LCI Industries were worth $808,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in LCI Industries by 3.2% in the first quarter. JPMorgan Chase & Co. now owns 1,320,457 shares of the company’s stock valued at $88,246,000 after acquiring an additional 41,181 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in LCI Industries by 3.7% in the first quarter. Principal Financial Group Inc. now owns 1,047,100 shares of the company’s stock worth

Read More

Continue Reading

ROSEN, LEADING INVESTOR COUNSEL, Announces Filing of Securities Class Action Lawsuit Against Teva Pharmaceuticals Industries Li

 ROSEN, LEADING INVESTOR COUNSEL, Announces Filing of Securities Class Action
Lawsuit Against Teva Pharmaceuticals Industries Limited; Encourages Investors
          with Losses in Excess of $100K to Contact the Firm - TEVA

PR Newswire

NEW YORK, Sept. 25, 2020

NEW YORK, Sept. 25, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor
rights law firm, announces the filing of a class action lawsuit on behalf of
purchasers of the securities of Teva Pharmaceuticals Industries Limited (NYSE:
TEVA) between October 29, 2015 and August 18, 2020, inclusive (the "Class
Period"). The lawsuit seeks to recover damages for Teva investors under the
federal securities laws.

Rosen Law Firm, P.A. Logo

To join the Teva class action, go to
http://www.rosenlegal.com/cases-register-1956.html or call Phillip Kim, Esq.
toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com
for information on the class action.

The complaint alleges that throughout the Class Period, Defendants made
materially false and misleading statements regarding 
Read More

Continue Reading

Sidoti Upgrades Winnebago Industries (NYSE:WGO) to “Buy”

Winnebago Industries (NYSE:WGO) was upgraded by investment analysts at Sidoti from a “neutral” rating to a “buy” rating in a report released on Friday, The Fly reports. The brokerage currently has a $63.00 target price on the construction company’s stock. Sidoti’s price target suggests a potential upside of 25.95% from the stock’s current price.

A number of other analysts also recently issued reports on WGO. BMO Capital Markets lifted their price objective on Winnebago Industries from $40.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Truist Financial cut their target price on Winnebago Industries from $72.00 to $68.00 in a research report on Monday, September 14th. Citigroup started coverage on Winnebago Industries in a research report on Monday, July 6th. They set a “neutral” rating and a $74.00 target price on the stock. Cfra raised Winnebago Industries from a “sell” rating

Read More

Continue Reading

LCI Industries (NYSE:LCII) Upgraded to “Buy” at Northcoast Research

Northcoast Research upgraded shares of LCI Industries (NYSE:LCII) from a neutral rating to a buy rating in a research report sent to investors on Friday, Briefing.com reports. They currently have $129.00 target price on the stock.

A number of other research firms also recently commented on LCII. CL King raised their price objective on LCI Industries from $121.00 to $134.00 in a report on Wednesday, July 15th. CJS Securities upgraded shares of LCI Industries from a market perform rating to an outperform rating in a report on Tuesday. Finally, Citigroup boosted their price objective on shares of LCI Industries from $130.00 to $140.00 and gave the stock a neutral rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. LCI Industries presently has a

Read More

Continue Reading

Samsung Heavy Industries Closer to Winning US$4 Bil. Orders for LNG Carriers

Expectations are growing that Samsung Heavy Industries will receive large-scale LNG carrier orders from Mozambique and Russia.

Samsung Heavy Industries have recently won orders for four Suezmax crude carriers from two European shipping companies. Norwegian shipping company NAT reported on its website that it has signed a shipbuilding contract with Samsung Heavy Industries, describing the deal as attractive in all aspects, including vessel specifications, quality, prices, and delivery. The vessel will be delivered in 2022.

Although the value of the order was kept under wraps, considering that the current price of a Suezmax tanker is US$55 million per unit, it is estimated to be around US$220 million. It is not a big deal, but is like welcome rain for Samsung Heavy Industries suffering a severe order drought this year. Even with this order, Samsung Heavy Industries’ accumulated order intake for this year amounted to US$1 billion, only 12 percent of

Read More

Continue Reading

Dycom Industries, Inc. (NYSE:DY) Receives $50.19 Average Price Target from Analysts

Shares of Dycom Industries, Inc. (NYSE:DY) have been given a consensus recommendation of “Buy” by the eleven ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $50.19.

Several brokerages recently issued reports on DY. Stifel Nicolaus raised their price objective on Dycom Industries from $49.00 to $52.50 and gave the stock a “buy” rating in a research note on Thursday, May 21st. DA Davidson lifted their price target on shares of Dycom Industries from $38.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Wells Fargo & Company raised their target price on shares of Dycom Industries from $40.00 to $45.00 and

Read More

Continue Reading

Maintain ‘buy’ on Balkrishna Industries



Balkrishna Industries (BIL) generates 80% of its revenues from exports.


© Provided by The Financial Express
Balkrishna Industries (BIL) generates 80% of its revenues from exports.

India’s agri tyre export revenues rose 49% y-o-y in August (from 44% y-o-y in July). Construction/Mining (OTR) segment growth also accelerated to 19% y-o-y in August (from 8% y-o-y in July). Growth in agri tyre exports to Germany moderated to 39% y-o-y (~120% y-o-y in June-July), but there was strong improvement in exports to France/UK/Italy at 83%/88%/64%  y-o-y US exports recovered to 37%  y-o-y in August (after a decline in July).

Balkrishna Industries (BIL) generates ~80% of its revenues from exports and stands to be a key beneficiary of the current recovery. By geography, EU’s share of BIL’s revenues is ~50% (key countries are Germany, France and the UK; Italy

Also, agri tyres contribute ~61% of BIL’s revenues, while ~35% is from the off-the-road (OTR) segment. We expect BIL’s volumes to benefit from the

Read More

Continue Reading

Great West Life Assurance Co. Can Sells 2,478 Shares of Patrick Industries, Inc. (NASDAQ:PATK)

Great West Life Assurance Co. Can cut its stake in Patrick Industries, Inc. (NASDAQ:PATK) by 8.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,695 shares of the construction company’s stock after selling 2,478 shares during the period. Great West Life Assurance Co. Can owned approximately 0.11% of Patrick Industries worth $1,634,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. American International Group Inc. lifted its holdings in shares of Patrick Industries by 1.8% during the 2nd quarter. American International Group Inc. now owns 15,772 shares of the construction company’s stock worth $966,000 after acquiring an additional 278 shares during the period. Cascade Investment Advisors Inc. lifted its holdings in shares of Patrick Industries by 2.4% during the 2nd quarter. Cascade Investment

Read More

Continue Reading

Reboot of LDRA Certification Mentoring Program for Start-ups and MSMEs’ in Embedded Safety & Security Critical Industries

– The LDRA Certification Mentoring Program (LCMP) guides start-ups and MSMEs in the implementation of safety and security standards to develop world-class products for global markets

BENGALURU, India, Sept. 24, 2020 /PRNewswire/ — LDRA, announces the reinitialization of the LDRA Certification Mentoring Program (LCMP), a unique initiative catering for start-ups and MSMEs in the India and South East Asia region. Originally launched two years ago, LCMP is a part of the LDRA Certification Ecosystem Development Program (CEDP), a broader industry initiative designed to create a dynamic industrial ecosystem by skill-building across all stakeholders.

With a decade of operational experience in India and a prominent presence across the embedded software sectors, LDRA is looking to support start-ups and MSMEs in the creation of world-class safe and secure products for industries including aerospace and defence, automotive, medical, industrial, energy, semiconductor, rail transportation and communications.

“An all-inclusive package benefitting from our

Read More

Continue Reading

EBSCO Industries Supports Students and Teachers

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Publishers’ Warehouse, an EBSCO Industries company, is proud to announce its engagement with the Alabama State Department of Education to support teachers and students with personalized repositories for learning materials. EBSCOed provides a centralized platform and support system placing all digital materials, including digital textbooks for teachers and students, in one location.

Currently, learning materials are located on various platforms with separate logins, meaning lost instructional time. Remote learning compounds this challenge. “This is a game-changer for the way that teachers and students interact,” said Kent Donges, chief revenue officer, STEMscopes by Accelerate Learning, Inc. “During the pandemic and beyond, we are excited to partner with EBSCOed and Publishers’ Warehouse to provide Alabama teachers and students with a central source for digital textbooks.”

EBSCOed, built in partnership by Publishers’ Warehouse and EBSCO Information Services’ Stacks, launched in the spring of 2020 to quickly support Alabama students,

Read More

Continue Reading

Load More