Archive for Maddie Sorensen

For the past 12 years, Maddie has worked as a financial analyst for her own firm and provides insight into the current movement of the stock market. Maddie also has a bi-monthly radio show, offering financial guidance to everyday consumers, as well as investors.

SunTrust Banks Inc. (STI) Insider Sells $420,000.00 in Stock

SunTrust Banks Inc. (NYSE:STI) insider Anil Cheriyan sold 10,000 shares of the company’s stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $42.00, for a total transaction of $420,000.00. Following the completion of the transaction, the insider now owns 89,203 shares of the company’s stock, valued at […]

Brady Corp Shares Up 15.1% After Strong Earnings (BRC)

Brady Corp (NYSE:BRC)’s share price shot up 15.1% during mid-day trading on Thursday following a better than expected earnings announcement, Marketbeat reports. The company traded as high as $25.06 and last traded at $24.81, with a volume of 641,933 shares traded. The stock had previously closed at $21.56. The company reported $0.37 earnings per share […]

Keurig Green Mountain Shares Up 22.7% After Better-Than-Expected Earnings (GMCR)

Keurig Green Mountain (NASDAQ:GMCR) shot up 22.7% on Thursday following a better than expected earnings announcement, reports. The stock traded as high as $51.72 and last traded at $49.70, with a volume of 15,026,570 shares changing hands. The stock had previously closed at $40.50. The coffee company reported $0.85 earnings per share (EPS) for […]

Morgan Stanley Reaffirms “Underweight” Rating for Virgin America (VA)

Virgin America (NASDAQ:VA)‘s stock had its “underweight” rating reissued by Morgan Stanley in a research note issued on Monday, MarketBeat.Com reports. They currently have a $37.00 price target on the stock. Morgan Stanley’s target price indicates a potential upside of 7.40% from the stock’s previous close. In related news, CFO Peter D. Hunt sold 4,500 […]

Insider Selling: GWR Global Water Resources Corp Director Sells 102,900 Shares of Stock (GWR)

GWR Global Water Resources Corp (TSE:GWR) Director David Tedesco Tedesco sold 102,900 shares of the business’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of C$6.75, for a total value of C$694,575.00. The firm also recently announced a Monthly dividend, which will be paid on […]

Zillow Group, Inc.- Class C Sees Significant Drop in Short Interest (Z)

Shares of Zillow Group, Inc.- Class C (NASDAQ:Z) were the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 34,519,571 shares, a decline of 5.5% from the August 31st total of 36,529,018 shares, AnalystRatings.NET reports. Based on an average daily volume of […]

Google Glass with Intel May be Coming in 2015

While not yet confirmed, there are rumors that Google Glass is splitting away from Texas Instruments and joining Intel sometime in 2015. Reportedly, Intel is a reputable supplier of chips and will soon take over Google Glass. If it is true that the Santa Clara based company replaces Texas Instrument, it would give Intel a […]

Girl Scout Cookies Available Online with Direct Shipping

Adding to an almost 100-year-old tradition, the Girl Scouts of the United States of America will be selling all their cookies online very soon. In addition, buyers will receive the product via shipping. The goal of this new program is to help members of the organization to learn about and develop entrepreneurial skills that include […]

Caterpillar Raises Forecast For Profit in 2014

Caterpillar Inc, the largest maker of construction equipment in the U.S. saw its stock spike the most in the past eight months after it topped analyst’s profit estimates for its third quarter financial results and increasing its earnings forecast for the full year. Caterpillar was up 5.1% in trading on Thursday afternoon. The shares had […]

American Airlines Profit Boosted by Stable Fuel Prices and More Revenue

Summer vacations this year were good for U.S. based American Airlines. Passengers paid a record amount for each mile and the airline enjoyed filling the most seats ever. That helped American during the third quarter to earn the most of all time at $942 million. Doug Parker the CEO predicted there would be more records […]

U.S. Bancorp Meets Wall Street Estimates

U.S. Bancorp the largest regional lender in the nation reported profit for the third quarter that matched the estimates of analysts as the bank loaned more money to businesses. Net income ended the quarter at $1.46 billion equal to 78 cents per share. That compared to $1.46 billion equal to 76 cents per share during […]

Consumer Prices in U.S. Barely Move in September

Consumer prices in the U.S. rose only marginally during September as the cost of energy fell broadly, which painted a weak picture for inflation that should allow ample room for the Federal Reserve to keep current interest rates near record lows. On Wednesday, the Department of Labor said its Consumer Price Index had edged up […]

Sears Gets Breathing Room for Twelve Months

The latest efforts by Eddie Lampert to raise new funding for Sears Holding Corp has raised optimism that the retailer of 128 years will have another 12 months to turn the sagging fortunes of the business around. A rally in the bonds for the company pushed yields lower on Monday to levels that have not […]

Earnings Look Ugly at McDonald’s, Shares Fall

McDonald’s arches are not so golden. Shares of the biggest burger chain in the world dropped 2% in trading early Tuesday after the Golden Arches announced disappointing results for the third quarter that were marred by a fall in revenue, operating income as well as per share earnings. Shares early Tuesday were off $1.83, trading […]

Staples Investigates Possible Data Breach

Staples Inc, the office supply retail chain is investigating the possible data breach of its payment card system. The retailer contacted authorities in law enforcement about the possible breach. Staples could be the latest retailer in the U.S. to fall victim to a cyber attack. A company spokesperson said that Staples was investigating the possibility […]

Solid Growth Reported by Economists but Slowed In Q3

Business economists reported there was solid by slowing growth at companies during the summer as gauges of hiring, sales and profit margins dropped slightly from during the second quarter according to new survey that was released on Monday. Despite concerns over the conditions of the economy across Europe, respondents in the survey said they were […]

BNY Mellon Sees Rise in Profits

Bank of New York Mellon Corp said its profit for the third quarter had climbed 11% helped in part from its sale of assets. BNY Mellon net income reached $1.07 billion for the quarter equal to 93 cents per share from last year during the same quarter of $962 million equal 82 cents per share. […]