In an op-ed article published late Wednesday by The Wall Street Journal, Warren Buffett, chairman of Berkshire Hathaway Inc. (NYSE: BRK-A), and Jamie Dimon, chairman and CEO of JPMorgan Chase & Co. (NYSE: JPM), argued that now is the time for publicly traded U.S. companies to stop providing quarterly earnings per share (EPS) guidance.
On Thursday morning, the Business Roundtable which includes CEOs of U.S. companies with more than 16 million employees and more than $7 trillion in annual revenues, weighed in supporting the proposal. That’s not too surprising given the Dimon is currently the chair of the Business Roundtable.
In their op-ed piece, Buffett and Dimon argue that “effective long-term strategy drives economic growth and job creation” and that quarterly EPS guidance “often leads to an unhealthy focus on short-term profits at the expense of long-term strategy, growth and sustainability.”
Business Roundtable CEO Joshua Bolton seconds that opinion:
Top Warren Buffett Stocks To Buy Right Now: Rave Restaurant Group, Inc.(RAVE)
Advisors' Opinion:- [By Ethan Ryder]
Media coverage about Pizza Inn (NASDAQ:RAVE) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pizza Inn earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 44.1311226041984 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Top Warren Buffett Stocks To Buy Right Now: Fortive Corporation (FTV)
Advisors' Opinion:- [By Motley Fool Transcribers]
Fortive Corporation (NYSE:FTV)Q4 2018 Earnings Conference CallFeb. 07, 2019, 5:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
Fortive Corp (NYSE:FTV) has earned an average rating of “Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $81.00.
- [By Ethan Ryder]
Caption Management LLC bought a new stake in shares of Fortive Corp (NYSE:FTV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 18,000 shares of the technology company’s stock, valued at approximately $1,388,000.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Fortive (FTV)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Maple Capital Management Inc. purchased a new stake in shares of Fortive Corp (NYSE:FTV) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,755 shares of the technology company’s stock, valued at approximately $214,000.
- [By Max Byerly]
Great West Life Assurance Co. Can cut its position in Fortive Corp (NYSE:FTV) by 1.3% in the 2nd quarter, Holdings Channel reports. The firm owned 221,421 shares of the technology company’s stock after selling 2,863 shares during the period. Great West Life Assurance Co. Can’s holdings in Fortive were worth $17,077,000 at the end of the most recent quarter.
Top Warren Buffett Stocks To Buy Right Now: Weingarten Realty Investors(WRI)
Advisors' Opinion:- [By Ethan Ryder]
Weingarten Realty Investors (NYSE:WRI) has been given an average recommendation of “Hold” by the fourteen ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $32.14.
- [By Stephan Byrd]
State of Alaska Department of Revenue trimmed its position in Weingarten Realty Investors (NYSE:WRI) by 7.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 70,653 shares of the real estate investment trust’s stock after selling 6,007 shares during the period. State of Alaska Department of Revenue’s holdings in Weingarten Realty Investors were worth $2,175,000 at the end of the most recent quarter.
- [By Shane Hupp]
Weingarten Realty Investors (NYSE:WRI) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Thursday.
Top Warren Buffett Stocks To Buy Right Now: Nortek Inc.(NTK)
Advisors' Opinion:- [By Stephan Byrd]
NetKoin (NTK) is a token. Its genesis date was January 7th, 2018. NetKoin’s total supply is 99,508,709,867 tokens. The official website for NetKoin is www.netkoin.com. NetKoin’s official Twitter account is @netkoin and its Facebook page is accessible here.
- [By Logan Wallace]
Neurotoken (CURRENCY:NTK) traded down 8.5% against the dollar during the 1 day period ending at 22:00 PM Eastern on September 2nd. One Neurotoken token can currently be purchased for approximately $0.0421 or 0.00000579 BTC on cryptocurrency exchanges including BCEX, YoBit, Tidex and Cobinhood. In the last seven days, Neurotoken has traded 17.7% lower against the dollar. Neurotoken has a total market capitalization of $3.41 million and approximately $211,773.00 worth of Neurotoken was traded on exchanges in the last day.
- [By Stephan Byrd]
News articles about Nortek (NASDAQ:NTK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nortek earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 47.207131440996 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
- [By Logan Wallace]
News coverage about Nortek (NASDAQ:NTK) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nortek earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 47.1103071190091 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Top Warren Buffett Stocks To Buy Right Now: TEGNA Inc.(TGNA)
Advisors' Opinion:- [By Shane Hupp]
Sinclair Broadcast Group (NASDAQ: SBGI) and GANNETT CO INC. Common Stock (NYSE:TGNA) are both mid-cap consumer discretionary companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, dividends, earnings and analyst recommendations.
- [By Max Byerly]
Sei Investments Co. boosted its stake in shares of TEGNA Inc. (NYSE:TGNA) by 21.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 363,998 shares of the company’s stock after buying an additional 65,120 shares during the quarter. Sei Investments Co.’s holdings in TEGNA were worth $3,950,000 as of its most recent SEC filing.
- [By Logan Wallace]
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
Get GANNETT CO INC. Common Stock alerts: $0.35 Earnings Per Share Expected for GANNETT CO INC. Common Stock (TGNA) This Quarter (americanbankingnews.com) Eight Stocks That Are Poised to Change Direction (finance.yahoo.com) Critical Contrast: SKY (SKYAY) & GANNETT CO INC. Common Stock (TGNA) (americanbankingnews.com) GANNETT CO INC. Common Stock (TGNA) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com) GANNETT CO INC. Common Stock Sees Unusually High Options Volume (TGNA) (americanbankingnews.com)GANNETT CO INC. Common Stock opened at $11.51 on Tuesday, according to Marketbeat Ratings. GANNETT CO INC. Common Stock has a twelve month low of $10.00 and a twelve month high of $15.60. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market cap of $2.47 billion, a P/E ratio of 10.66, a P/E/G ratio of 0.46 and a beta of 1.57.
- [By Stephan Byrd]
These are some of the news headlines that may have impacted Accern’s analysis:
Get GANNETT CO INC. Common Stock alerts: TEGNA (TGNA) Down 2.6% Since Earnings Report: Can It Rebound? (finance.yahoo.com) Head to Head Review: GANNETT CO INC. Common Stock (TGNA) & GRUPO TELEVISA/S (TV) (americanbankingnews.com) [$$] Fading local press raises fears for city democracy (finance.yahoo.com) TEGNA to Webcast Second Quarter 2018 Earnings Conference Call on Tuesday, August 7 (finance.yahoo.com) Brokerages Anticipate GANNETT CO INC. Common Stock (TGNA) Will Post Quarterly Sales of $516.86 Million (americanbankingnews.com)Several analysts have commented on the stock. Zacks Investment Research lowered shares of GANNETT CO INC. Common Stock from a “buy” rating to a “hold” rating in a report on Tuesday, March 13th. Guggenheim set a $16.00 price objective on shares of GANNETT CO INC. Common Stock and gave the stock a “buy” rating in a report on Thursday, April 12th. B. Riley lowered their price objective on shares of GANNETT CO INC. Common Stock from $17.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, March 20th. Barclays restated an “underweight” rating on shares of GANNETT CO INC. Common Stock in a report on Monday, March 5th. Finally, Noble Financial restated a “buy” rating on shares of GANNETT CO INC. Common Stock in a report on Friday, March 2nd. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $15.08.
- [By Logan Wallace]
Get a free copy of the Zacks research report on TEGNA (TGNA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
TEGNA (NYSE:TGNA)‘s stock had its “buy” rating reaffirmed by investment analysts at Barrington Research in a research report issued on Thursday. They currently have a $15.00 target price on the stock. Barrington Research’s target price indicates a potential upside of 40.19% from the company’s previous close.
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