After Friday&s;s gut-churning stock market plunge, the question heading into the new week is whether the bond market slaughter might continue. A rise in bond yields to nearly four-year highs appeared to set off the stock market selling Friday, but the 665-point drop in the Dow Jones Industrial Average, along with dramatic losses in other stock indices, probably reflected profit taking, as well.
On Friday, bond yields appeared to hold all the cards on Wall Street and stocks finished their worst week in two years. By late in the day, the benchmark 10-year Treasury yield had climbed all the way to 2.84% after reaching 2.85% earlier on, a mark last seen in 2014. The 30-year yield pierced 3%. The stock sell-off marked the worst day for stocks since mid-2016, when Wall Street slumped after the Brexit vote.
Hot Safest Stocks To Buy Right Now: Griffin Industrial Realty, Inc.(GRIF)
Griffin Industrial Realty, Inc. develops, manages, and leases industrial and commercial properties in the United States. As of November 30, 2015, the company owned 32 buildings comprising 20 industrial/warehouse buildings, 11 office/flex buildings, and a restaurant building. It also owns approximately 2,950 acres of land in Connecticut, as well as owns approximately 422 acres of land in Massachusetts, 117 acres of land in Pennsylvania, and 1,066 acres in northern Florida. The company was formerly known as Griffin Land & Nurseries, Inc. and changed its name to Griffin Industrial Realty, Inc. in May 2015. Griffin Industrial Realty, Inc. was founded in 1970 and is based in New York, New York.
- [By Stephan Byrd]
Griffin Industrial Realty (NASDAQ:GRIF) and NEW WORLD Dev L/ADR (OTCMKTS:NDVLY) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, risk, profitability and valuation.
- [By Stephan Byrd]
Gazit Globe (NASDAQ: GRIF) and Griffin Industrial Realty (NASDAQ:GRIF) are both small-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation.
Hot Safest Stocks To Buy Right Now: Nomura Holdings Inc ADR(NMR)
Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations. As of March 31, 2015, this segment operated a network of 159 branches. The Asset Management segment is involved in the development and management of investment trusts, which offers low risk/low return products and high risk/high return products, as well as products for various investor needs; and provision of investment advisory services to public pension funds, private pension funds, governments and their agencies, central banks, and institutional investors. The Wholesale segment engages in the research, sale, trading, and market-making of fixed income and equity-related products. It is also involved in underwriting various securities and other financial instruments, which include various stocks, convertible and exchangeable securities, investment grade debt, sovereign and emerging market debt, high yield debt, structured securities, and other securities; arranging private placements, as well as other capital raising activities; and the provision of financial advisory services on business transactions, including mergers and acquisitions, divestitures, spin-offs, capital structuring, corporate defense activities, leveraged buyouts, and risk solutions. In addition, this segment offers various financial instruments, such as equity securities, debt securities, investment trusts, and variable annuity insurance products for the short, medium, and long-term. The company was formerly known as The Nomura Securities Co., Ltd. and changed its name to Nomura Holdings, Inc. in October 2001. Nomura Holdings, Inc. was founded in 1925 and is headquartered in Tokyo, Japan.
- [By Joseph Griffin]
TheStreet downgraded shares of Nomura (NYSE:NMR) from a c rating to a d+ rating in a research note published on Friday morning.
A number of other research analysts have also recently issued reports on NMR. Zacks Investment Research raised Nomura from a sell rating to a hold rating in a report on Wednesday, June 27th. ValuEngine raised Nomura from a sell rating to a hold rating in a report on Wednesday, June 20th. Nomura cut Nomura from a buy rating to an outperform rating in a report on Wednesday, May 2nd. Finally, Daiwa Capital Markets cut Nomura from an outperform rating to a neutral rating in a report on Wednesday, August 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of $6.50.
- [By Logan Wallace]
Numeraire (CURRENCY:NMR) traded 3.2% lower against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on August 20th. Numeraire has a market cap of $8.22 million and $4,149.00 worth of Numeraire was traded on exchanges in the last 24 hours. One Numeraire token can currently be purchased for about $6.09 or 0.00096465 BTC on cryptocurrency exchanges including Upbit, DDEX and Bittrex. During the last seven days, Numeraire has traded down 8% against the dollar.
- [By Max Byerly]
Nomura Holdings Inc (NYSE:NMR) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totalling 1,044,018 shares, an increase of 57.9% from the July 13th total of 661,211 shares. Based on an average trading volume of 289,934 shares, the days-to-cover ratio is currently 3.6 days.
Hot Safest Stocks To Buy Right Now: Gorman-Rupp Company (GRC)
The Gorman-Rupp Company, incorporated on April 18, 1934, designs, manufactures and sells pumps and pump systems. The Company offers its products for use in dewatering; petroleum original equipment; agriculture; fire protection; heating, ventilating and air conditioning (HVAC); military, and other liquid-handling applications. The Company operates in the manufacture and international sale of pumps and pump systems segment. The Company’s product line consists of pump models ranging in size from 0.25 to 15 feet, and ranging in rated capacity from 1 gallon per minute to 1 million gallons per minute. The Company produces various types of pumps, which include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellows and oscillating.
The Company’s larger pumps are sold for use in the construction, industrial, water and wastewater handling fields; for flood control; for boosting low residential water pressure, and for pumping refined petroleum products, including the ground refueling of aircraft, and for various agricultural purposes. The Company supplies pumps, which have drives ranging from 0.028 horsepower electric motors to larger electric motors or internal combustion engines capable of producing several thousand horsepower. The Company’s pumps are also utilized for dewatering purposes. In addition, the pumps manufactured for fire protection are used for sprinkler back-up systems, fire hydrants, stand pipes, fog systems and deluge systems at hotels, banks, factories, airports, schools, public buildings and various types of facilities around the world. Its small pumps are sold to customers, such as food processing, chemical processing, photo processing, medical and other waste treatment, appliances and solar heating.
The Company’s pumps are marketed in the United States and around the world through a network of over 1,000 distributors; through m! anufacturers’ representatives (for sales to many original equipment manufacturers); through third-party distributor catalogs, and by direct sales. The Company’s production operations consist of the machining of castings; the cutting, shaping and welding of bar stock and structural members; the design and assembly of electrical control panels; the manufacture of a few minor components, and the assembling, painting and testing of its products. The Company owns a facility in Dallas, Texas that consists of a training center and warehouse.
- [By Stephan Byrd]
GridCoin (GRC) is a DPoR coin that uses the ProofofResearch hashing algorithm. Its genesis date was November 3rd, 2013. GridCoin’s total supply is 390,312,753 coins. The official message board for GridCoin is cryptocurrencytalk.com/forum/464-gridcoin-grc. The Reddit community for GridCoin is /r/gridcoin and the currency’s Github account can be viewed here. The official website for GridCoin is www.gridcoin.us. GridCoin’s official Twitter account is @GridcoinNetwork and its Facebook page is accessible here.
- [By Stephan Byrd]
Gorman-Rupp Co (NYSE:GRC) Director Christopher H. Lake sold 2,000 shares of the firm’s stock in a transaction on Friday, August 17th. The stock was sold at an average price of $36.69, for a total value of $73,380.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
- [By Ethan Ryder]
GridCoin (GRC) is a DPoR coin that uses the ProofofResearch hashing algorithm. It launched on November 3rd, 2013. GridCoin’s total supply is 390,312,753 coins. GridCoin’s official website is www.gridcoin.us. The Reddit community for GridCoin is /r/gridcoin and the currency’s Github account can be viewed here. GridCoin’s official Twitter account is @GridcoinNetwork and its Facebook page is accessible here. GridCoin’s official message board is cryptocurrencytalk.com/forum/464-gridcoin-grc.