Business

Ally Financial Inc. (NYSE:ALLY) Rating Lowered to Underweight at Stephens

Ally Financial Inc. (NYSE:ALLY) Rating Lowered to Underweight at Stephens

The stock of Ally Financial Inc (NYSE:ALLY) has "Buy" rating given on Wednesday, May 31 by BMO Capital Markets. Shares of Ally Financial (ALLY) traded up 4.93% during midday trading on Tuesday, hitting $22.78. Ally Financial's dividend payout ratio is 15.09%. Ally Financial declared that its board has approved a share repurchase program on Wednesday, June 28th that allows the company to repurchase $760.00 million in outstanding shares.


Honda posts strong first quarter on Asia sales, raises annual profit forecast

Honda posts strong first quarter on Asia sales, raises annual profit forecast

They now have a Dollars 35.91 price target on the stock. Macquarie Research downgraded the shares of HMC in report on Thursday, December 1 to "Neutral" rating. There are 3 hold ratings , 2 buy ratings on the stock. Kempner Capital Management Inc. increased its position in shares of Honda Motor Company by 6.3% in the first quarter.


Deepwater proposes 144-MW offshore wind farm with Tesla batteries

Deepwater proposes 144-MW offshore wind farm with Tesla batteries

Second, Revolution Wind would advance offshore wind development in MA by providing an avenue to launch the new industry with an initial, smaller-scale project and phase in larger projects in close succession. This project, however, is not part of the offshore wind target. If approved, construction on the project could be initiated in 2022 and completed in 2023, the developer said, adding it has already begun survey work.


Trump says Hon Hai could triple United States investments

Trump says Hon Hai could triple United States investments

He told me off the record he thinks he may go $30 billion, $30 billion. But according to the President, "He told me off the record, he thinks he may go $30 billion". The plant is expected to create as many as 13,000 jobs. The legislation includes up to $3 billion in state incentives. Other states that Foxconn said it was looking at were Michigan, Illinois, Indiana, Ohio, Pennsylvania and Texas.



DORCHESTER WEALTH MANAGEMENT Co Boosts Stake in General Electric Company (NYSE:GE)

About 158,605 shares traded. On 1/24/2017 American Electric Power Company announced a quarterly dividend of $0.59 3.77% with an ex dividend date of 2/8/2017 which will be payable on 3/10/2017. Analysts set a 12-month price target of $14.25 a share. Investors sentiment decreased to 0.95 in Q4 2016. Its up 0.32, from 0.81 in 2016Q3. It is negative, as 67 investors sold AEP shares while 269 reduced holdings.


Qatar Airways axes its proposed investment in American Airlines

Qatar Airways axes its proposed investment in American Airlines

On Wednesday, Qatar said investing in American "no longer meets our objectives". It was unclear what in that disclosure dissuaded Qatar Airways. The Fort Worth, Texas-based company didn't immediately comment on Qatar Air's decision. Qatar's potential investment in American was seen as a defensive move, Wolfe Research analyst Hunter Keay said in a research note in June. Qatar Airways' rapid expansion plans are continuing apace after it unveiled even more flights to top destinations in Asia.