Wednesday, February 26, 2014
Peru's GDP growth will be world's second-highest in 2014 #peru #china Peru’s rapid GDP growth will only be topped by China.
Peru is likely to post the second highest GDP growth rate in 2014 and 2015 in the world after China, according to the latest report of the Latin Focus Consensus Forecast, a major source of global economic analysis.
The report noted Peru’s Gross Domestic product would expand 5.4 this year and by 5.6 percent in 2015 while China would grow 7.5 and 7.4 percent this and next year, respectively.
Moreover, Peru’s economic activity is forecast to surpass the average annual growth rates of the two economic blocs in the region: the Southern Common Market (Mercosur) which will expand 1.7 and 2.2 percent in 2014 and 2015, respectively and the Andean Community (CAN) with 4.8 and 4.9 percent growth this and next year.
Economists of the consulting firm estimate the Andean country will post the third lowest inflation rate in the region this and next year at 2.5 percent within the central bank’s target of 1-3 percent.
Peru’s rapid GDP growth will only be topped by China.
Tuesday, February 25, 2014
Oppenheimer Upgrades Nordson
Nordson Corp (NDSN) was upgraded to “Outperform” from “Perform” at Oppenheimer as the analyst firm sees future growth due to NDSN’s increased investments. Oppenheimer has a price target of $85 on Nordson, suggesting that the stock will rise 21%. NDSN has a dividend yield of 1.03%.
EOG Resources Gets Numbers Raised at UBS
UBS raised its price target and estimates on EOG Resources (EOG) due to EOG raising its volume guidance. UBS now has a price target of $203 on EOG, suggesting a 25% upside to the stock’s current price. EOG has a yield of 0.42%.
Credit Suisse Ups PT on Hershey
Hershey (HSY) had its price target raised to $117 at Credit Suisse. The ratings firm believes that Hershey will continue to deliver consistent growth globally. The new PT suggests that HSY’s stock price will rise 8%. HYS has a yield of 1.8%.
BMO Boosts Numbers of Marriott
Marriott International, Inc. (MAR) had its estimates and price target raised at BMO Capital. BMO believes that MAR’s share buyback will boost the company’s stock price and earnings. MAR has a price target of $57, suggesting that its stock will rise by 6.6%. “Market Perform”-rated Marriott has a dividend yield of 1.27%.
Verizon Sees Moves at Two Firms
Verizon (VZ) had its price target cut at Credit Suisse and was added to the US 1 List at BofA/Merrill Lynch. Credit Suisse cut VZ’s PT to $52 due to VZ seeing weaker growth. The new Pt suggests a 12% upside to the stock’s current price.
BofA/Merrill Lynch moved VZ to its US 1 List due to VZ’s guidance and attractive valuation. The firm has a price target of $55 of Verizon, suggesting a 19% upside to the stock’s current price. VZ has a dividend yield of 4.59%.
Zoetis Gets Numbers Cut at Jefferies
Jefferies cut the price target and estimates on Zoetis Inc (ZTS) due to the company’s 2014 guidance and weak live stock market. Jefferies now sees ZTS stock reaching $37, suggesting a 25% upside to the stock’s current price. ZTS has a dividend yield of 0.97%
Tuesday, February 18, 2014
Candy Crush maker plans IPO - $KING Monitor #candycrush #IPO Candy Crush Saga maker King files for IPO
Candy Crush maker plans IPO -The company that brought the world the addictive puzzle game Candy Crush Saga is hoping that investors will line up for a piece of its stock as well.
King Digital Entertainment, which has headquarters in Dublin but has offices across Europe and in San Francisco, filed on Tuesday for an initial public offering in the United States. But prospective investors may be wary that players may be tiring of paying to line up shiny virtual pieces of sugar
Christian Science Monitor .Candy Crush Saga maker King files for IPO. The company will trade under the "KING" ticker when it goes public on the New York Stock