The U.S. Dollar has appreciated more than 7% against a basket of currencies since the end of March. While that might not seem like a lot, it's huge for a developed currency and can cause a lot of problems in a lot of different ways.
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Mostly positive second-quarter earnings were overshadowed by warnings of a stronger dollar and weaker profits for U.S. companies with international exposure.
From Netflix to Illinois Tool Works, management was downbeat as weaker foreign currencies meant lower sales in those markets when converted back to dollars.
One fortunate side effect of all this is that shares of foreign companies have become cheaper in dollar terms. When a company's shares are primarily priced in another currency and that base weakens then it's going to act as an artificial weight on the price of the American Depository Receipts (ADRs).
Best Safest Stocks To Own Right Now: Union Pacific Corporation(UNP)
Advisors' Opinion:- [By Max Byerly]
News stories about Union Pacific (NYSE:UNP) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Union Pacific earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the railroad operator an impact score of 46.138597756114 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
- [By Logan Wallace]
Schaper Benz & Wise Investment Counsel Inc. WI lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 1.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 101,144 shares of the railroad operator’s stock after acquiring an additional 1,017 shares during the period. Union Pacific accounts for about 2.1% of Schaper Benz & Wise Investment Counsel Inc. WI’s investment portfolio, making the stock its 15th biggest holding. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Union Pacific were worth $14,330,000 at the end of the most recent quarter.
- [By Shane Hupp]
TRADEMARK VIOLATION WARNING: “Union Pacific Co. (UNP) Shares Sold by Meristem Family Wealth LLC” was first published by Ticker Report and is owned by of Ticker Report. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/4208257/union-pacific-co-unp-shares-sold-by-meristem-family-wealth-llc.html.
Best Safest Stocks To Own Right Now: Hostess Brands, Inc. (TWNK)
Advisors' Opinion:- [By Logan Wallace]
News coverage about Hostess Brands (NASDAQ:TWNK) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hostess Brands earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.5687166542873 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
- [By Ethan Ryder]
Wells Fargo & Company MN boosted its position in shares of Hostess Brands Inc (NASDAQ:TWNK) by 28.8% in the second quarter, HoldingsChannel.com reports. The firm owned 1,669,338 shares of the company’s stock after purchasing an additional 373,487 shares during the period. Wells Fargo & Company MN’s holdings in Hostess Brands were worth $22,704,000 at the end of the most recent quarter.
- [By Max Byerly]
Hostess Brands (NASDAQ:TWNK) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Wednesday.
- [By Motley Fool Transcribers]
Hostess Brands, Inc. (NASDAQ:TWNK)Q4 2018 Earnings Conference CallFeb. 27, 2019, 4:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Logan Wallace]
Vertical Research assumed coverage on shares of Hostess Brands (NASDAQ:TWNK) in a research report sent to investors on Monday morning. The brokerage issued a buy rating on the stock.
Best Safest Stocks To Own Right Now: Alnylam Pharmaceuticals Inc.(ALNY)
Advisors' Opinion:- [By Keith Speights]
It's not exactly David vs. Goliath. However, Bellicum Pharmaceuticals (NASDAQ:BLCM) and Alnylam Pharmaceuticals (NASDAQ:ALNY) are definitely in different leagues right now. Both are clinical-stage biotechs, but Bellicum's market cap is less than $350 million while Alnylam's market cap is close to $10 billion.
- [By Jim Crumly]
Commercial success for Tegsedi is not a done deal even if it's approved worldwide; Alnylam Pharmaceuticals' (NASDAQ:ALNY) competing drug patisiran was approved by the FDA on Aug. 10. Alnylam's clinical testing showed cardiac benefits for patients whose cardiovascular systems have been affected by the disease, and Alnylam believes that will give patisiran an advantage over Tegsedi. But in the conference call, Akcea executives brushed off that concern and pointed to the advantage Tegsedi has in being an injection that can be delivered at home, versus patisiran, which is administered intravenously in a clinic. We shall see.
- [By Cory Renauer]
After 16 years as a public company, Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) finally got the go-ahead to launch its first product earlier this month. Onpattro is the first in a new class of drugs that alter gene expression, but Pfizer, Inc. (NYSE:PFE) just reported some impressive results with a possible competitor that works a lot differently.
- [By Brian Orelli]
Earlier this week, Dicerna released promising interim phase I data for its lead drug, DCR-PHXC, in patients with primary hyperoxaluria type 1 and type 2. The company plans to start a trial to be used to support an FDA approval in the first quarter of 2019, but that'll put it behind Alnylam Pharmaceuticals (NASDAQ:ALNY), which is about to start a phase 3 study testing its drug, lumasiran, in patients with primary hyperoxaluria type 1. Hopefully, Dicerna can use some of its new capital to help accelerate enrollment in its trial to try to catch up to Alnylam.
Best Safest Stocks To Own Right Now: Arlington Asset Investment Corp(AI)
Advisors' Opinion:- [By Ethan Ryder]
POLY AI (CURRENCY:AI) traded down 2.3% against the U.S. dollar during the 24-hour period ending at 22:00 PM Eastern on June 13th. POLY AI has a total market capitalization of $294.00 and approximately $702.00 worth of POLY AI was traded on exchanges in the last 24 hours. During the last seven days, POLY AI has traded 37.6% lower against the U.S. dollar. One POLY AI token can now be purchased for about $0.0001 or 0.00000002 BTC on exchanges.
- [By Ethan Ryder]
Arlington Asset Investment Corp (NYSE:AI) insider J Rock Tonkel, Jr. bought 10,000 shares of Arlington Asset Investment stock in a transaction on Wednesday, October 3rd. The shares were acquired at an average price of $8.79 per share, for a total transaction of $87,900.00. Following the completion of the acquisition, the insider now owns 359,115 shares in the company, valued at $3,156,620.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
- [By Shane Hupp]
Arlington Asset Investment (NYSE: AI) and New Mountain Finance (NYSE:NMFC) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, dividends, risk, valuation, earnings and institutional ownership.
- [By Motley Fool Transcribers]
Arlington Asset Investment Corp (NYSE:AI)Q4 2018 Earnings Conference CallFeb. 19, 2019, 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Logan Wallace]
POLY AI (CURRENCY:AI) traded 57.3% higher against the dollar during the 24-hour period ending at 0:00 AM ET on July 2nd. One POLY AI token can currently be purchased for about $0.0002 or 0.00000003 BTC on exchanges. POLY AI has a market cap of $454.00 and approximately $157.00 worth of POLY AI was traded on exchanges in the last day. In the last week, POLY AI has traded 65.4% higher against the dollar.
Best Safest Stocks To Own Right Now: AG Mortgage Investment Trust, Inc.(MITT)
Advisors' Opinion:- [By Shane Hupp]
Citadel Advisors LLC lifted its stake in shares of AG Mortgage Investment Trust Inc (NYSE:MITT) by 284.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,600 shares of the real estate investment trust’s stock after purchasing an additional 178,736 shares during the period. Citadel Advisors LLC’s holdings in AG Mortgage Investment Trust were worth $4,540,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Shane Hupp]
AG Mortgage Investment Trust Inc (NYSE:MITT) declared a quarterly dividend on Monday, September 17th, Wall Street Journal reports. Investors of record on Friday, September 28th will be paid a dividend of 0.50 per share by the real estate investment trust on Wednesday, October 31st. This represents a $2.00 dividend on an annualized basis and a yield of 10.82%. The ex-dividend date of this dividend is Thursday, September 27th.
- [By Motley Fool Transcribers]
AG Mortgage Investment Trust Inc (NYSE:MITT)Q4 2018 Earnings Conference CallFeb. 27, 2019, 9:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
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