On the surface, it appears that synthetic biology pioneer Amyris (NASDAQ:AMRS) has finally turned a corner. Shares have gained 200% in the last year and are up more than 75% in 2018 on the heels of strong revenue growth in each of the last several quarters. The company sold its high-cost manufacturing facility to the world's leading industrial biotech powerhouse DSM and is now reaping the rewards of a business model built on royalty revenue from the deep-pocketed partner. Or is it?
Investors who dig a little deeper will see some worrying details in the company's SEC filings. In addition to auditors doubting the business's ability to continue operating as a going concern, the business is only reporting revenue growth because of an accounting rule change that took effect on the first day of 2018. That might seem innocuous, but the impact from how the company is applying the rule cannot be overlooked.
With the new accounting rule, Amyris has reported year-over-year revenue growth of 19% in the first half of 2018. Without it, revenue would have slipped 27% in the comparable periods. It's something investors need to pay closer attention to going forward.
Hot Financial Stocks To Invest In 2021: SL Green Realty Corporation(SLG)
SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients. The firm invests in real estate markets of the United States. It primarily invests in commercial office and retail properties. SL Green Realty Corp. was founded in 1970 and is based in New York, New York.
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on SL Green Realty (SLG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Sterlingcoin (CURRENCY:SLG) traded flat against the dollar during the one day period ending at 9:00 AM Eastern on October 1st. In the last week, Sterlingcoin has traded 3.1% higher against the dollar. One Sterlingcoin coin can currently be purchased for about $0.0337 or 0.00000516 BTC on exchanges. Sterlingcoin has a market capitalization of $143,001.00 and approximately $0.00 worth of Sterlingcoin was traded on exchanges in the last 24 hours.
- [By Shane Hupp]
Sterlingcoin (CURRENCY:SLG) traded down 0.7% against the dollar during the twenty-four hour period ending at 10:00 AM E.T. on September 8th. One Sterlingcoin coin can currently be bought for $0.0303 or 0.00000468 BTC on cryptocurrency exchanges. In the last seven days, Sterlingcoin has traded 26.6% lower against the dollar. Sterlingcoin has a total market cap of $128,686.00 and approximately $20.00 worth of Sterlingcoin was traded on exchanges in the last 24 hours.
Hot Financial Stocks To Invest In 2021: Equitable Holdings, Inc.(EQH)
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related solutions to a range of clients through institutional, retail, and private wealth management channels; and distributes its institutional research products and solutions. The Protection Solutions segment provides a range of variable universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.
Advisors' Opinion:- [By Shane Hupp]
Shares of AXA Equitable Holdings Inc (NYSE:EQH) have received an average rating of “Hold” from the fifteen research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $25.00.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on AXA Equitable (EQH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
AXA Equitable Holdings Inc (NYSE:EQH) has been given an average recommendation of “Buy” by the twelve analysts that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $25.45.
- [By Motley Fool Transcribing]
AXA Equitable Holdings, Inc. (NYSE:EQH) Q2 2018 Earnings Conference CallAug. 14, 2018 8:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
Hot Financial Stocks To Invest In 2021: Argo Group International Holdings Ltd.(AGII)
Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty market worldwide. The company?s Excess and Surplus Lines segment underwrites casualty, property, transportation, and binding authority for commercial enterprises, including restaurants, contractors, day care centers, apartment complexes, condominium associations, manufacturers, and distributors; and offers policies for medical facilities within the social services, miscellaneous healthcare, and long term care markets, as well as for lawyers, miscellaneous professions, employment practices, and real estate related accounts. This segment also provides package policies for environmental consultants and contractors, storage tanks, dry cleaners pollution liability, as well as other environmental related liability exposures; and coverage for architects and engineers, accountants, and insurance agents. Its Commercial Specialty segment offers property casu alty and surety coverages; and underwrites business coverage for small commercial businesses comprising office, retail operations, light manufacturing, services, and restaurants. This segment also provides general and automobile liability, automobile physical damage, property, inland marine, crime, public official?s and educator?s legal liability, employment practices, law enforcement liability, environmental and lawyers professional liability, student accident, police and firefighters accident, workers compensation, inmate medical, and tax interruption coverages. In addition, the company?s International Specialty segment covers claims arising from catastrophic events, such as hurricanes, windstorms, hailstorms, earthquakes, volcanic eruptions, fires, industrial explosions, freezes, riots, floods, and other man-made or natural disasters. Further, its Syndicate 1200 segment underwrites property and non-U.S. liability insurance. The company was founded in 1986 and is based in Pembroke, Bermuda.
Advisors' Opinion:- [By Joseph Griffin]
Barclays PLC raised its stake in Argo Group (NASDAQ:AGII) by 25.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,691 shares of the insurance provider’s stock after acquiring an additional 1,754 shares during the period. Barclays PLC’s holdings in Argo Group were worth $499,000 as of its most recent SEC filing.
- [By Max Byerly]
Lord Abbett & CO. LLC purchased a new position in shares of Argo Group (NASDAQ:AGII) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 840,251 shares of the insurance provider’s stock, valued at approximately $48,230,000. Lord Abbett & CO. LLC owned approximately 2.49% of Argo Group as of its most recent filing with the SEC.
Hot Financial Stocks To Invest In 2021: Deutsche Bank AG(DB)
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. The company?s Corporate and Investment Bank division engages in the origination, sale, structuring, and trading of bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, securitized instruments, and commodities to sovereign countries and multinational organizations; and medium-sized companies and multinational corporations. It also offers mergers and acquisitions advisory, corporate finance, and transaction banking, as well as trade finance, cash management, and trust and securities services for financial institutions and other companies. The company?s Private Clients and Asset Management division provides mutual funds and alternative investment products; manages real estate and infrastructure investments and private equity funds; offers advisory and portfolio management services to insurance companies; and provides investment solutions to institutional customers, high net worth individuals, and families. This division also offers a range of banking products and services, including current accounts, deposits and loans, and investment management and pension products to private and self-employed individuals, and small to medium-sized businesses. Its Corporate Investments division?s principal investment activities comprise private equity and venture capital investments, corporate real estate investments, a minority stake in Deutsche Postbank AG, credit exposures, and other non-strategic investments. As of December 31, 2010, the company operated 3,083 branches in approximately 74 countries worldwide, including 2,087 in Germany. Deutsche Bank Aktiengesellschaft was founded in 1870 and is headquartered in Frankfurt am Main, Germany.
Advisors' Opinion:- [By Garrett Baldwin]
Now, here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.
The Top Stock Market Stories for Tuesday Today, investors will watch earnings season kick into high gear. A busy day of reports started today with a solid one from UnitedHealth Group Inc. (NYSE: UNH). The health insurance giant's stock could jump up to 3% after topping Wall Street expectations, while Johnson & Johnson (NYSE: JNJ) could gain another 2% thanks to a solid report. The U.S. Federal Reserve could hold interest rates in place until late 2020, according to one prominent member of the central bank. On Monday, Chicago Fed President Charles Evans said that the Fed can hold off on raising rates until around the election. Evans said that holding off will help "support the inflation outlook." Keep a close eye on Apple Inc. (NASDAQ: AAPL), whose shares are dancing with the $200 level. With Netflix Inc. (NASDAQ: NFLX) set to report earnings, Walt Disney Co. (NYSE: DIS) launching its own streaming service, and Hulu losing a major investor, all eyes are on Tim Cook's company and its plans to enter the highly competitive content wars. Last week, AAPL stock received a price target upgrade from Wedbush, $215 to $225 per share. But if you've been following us, you'd know that $225 is our long-term outlook for one of the world's top companies. Stocks to Watch Today: NFLX, DIS, CMCSA, T, CSX Earnings season is in full swing, and investors will keep an eye out later for Netflix Inc. (NASDAQ: NFLX). The global streaming giant reports earnings today. Prior to its earnings report, Deutsche Bank AG (NYSE: DB) upgraded its stance from a "Hold" to a "Buy" and expects stronger subscriber growth on top of higher monthly subscription costs. The German bank set a price target of $400 per share. NFLX stock is up 30% so far this year, but the stock faces increasing competition from a variety of challengers.Brace Yourself: The 5G revolution is unleashin
- [By Garrett Baldwin] It's not all good news on the trade front. Shares of Caterpillar Inc. (NYSE: CAT) fell nearly 1% after the company received a downgrade from German financial giant Deutsche Bank AG (NYSE: DB). The bank slashed its price target for CAT stock from $152 to $128 on concerns that "synchronized global growth has collapsed, [and] the China Land Cycle is rolling over." The bank added that "Europe is slowing more than expected and the U.S. is oversaturated with construction equipment." Global growth concerns continue to accelerate and raise worries that the international economy is slipping into a recession. Central banks are tapped out on debt and have limited stimulus options. Brent crude prices pushed toward $70 per barrel. This is the fourth consecutive day of gains as markets continue to project a tightening balance between global supply and demand. U.S. WTI crude prices were moving toward $63 per barrel as cuts by OPEC, American sanctions against Iran and Venezuela, and reduced shipments to Asia support prices. However, oil could see a bit of pressure today after the American Petroleum Institute announced a surprise uptick in domestic crude inventories. The U.S. Department of Energy will release the official report on U.S. inventory levels later today. Stocks to Watch Today: GME, NFLX, PLAY Shares of GameStop Corp. (NYSE: GME) plunged more than 12.2% in pre-market hours after the retail firm fell well short of earnings expectations. The company offered a weak outlook, saying it doesn't anticipate an increase in sales this year. In fact, it expects sales to fall by 5% to 10% this year. The stock fell to its lowest level since 2005. The company is facing added pressure from Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL), two Silicon Valley giants that plan to launch their own video game streaming services in the future.
SIT THIS ONE OUT and you could miss an American economic revolution that could send three little pot stocks soaring up to 1
- [By Garrett Baldwin]
LEGAL WAVE: Barriers to marijuana could be tumbling in Mexico and Thailand, but it's here in the U.S. where legalization could spark a "Green Rush" in certain stocks. Click here to learn about three of them…
Two Stocks to Watch Today: BKE, FB Shares of Buckle Inc. (NYSE: BKE) were off 0.7% after the firm received a downgrade from German investment bank Deutsche Bank (NYSE: DB). The firm downgraded BKE stock from a "Hold" to a "Sell" and set a price target of $16 per share. Shares of Facebook Inc. (NASDAQ: FB) were off 1.2% after The New York Times reported that the social media giant is under criminal investigation. According to the newspaper, the firm offered "broad access to view information on Facebook users" sometimes without those users' permission. This is a story that we'll continue to monitor heading into next week. John Boehner Just Revealed Why He's Going ALL IN on Marijuana (Did You Miss It?)Former Speaker of the House John Boehner – once the cannabis industry's most staunch opponent – just revealed an UNCENSORED prediction about America's most controversial, misunderstood, and what's quickly becoming our most lucrative industry. If you missed seeing this historic announcement live, go here for a special rebroadcast.
- [By Logan Wallace]
A number of hedge funds have recently modified their holdings of the stock. Cerity Partners LLC grew its holdings in Deutsche Bank by 13.4% in the 4th quarter. Cerity Partners LLC now owns 11,513 shares of the bank’s stock worth $94,000 after buying an additional 1,361 shares in the last quarter. Advisor Group Inc. lifted its position in Deutsche Bank by 19.2% in the fourth quarter. Advisor Group Inc. now owns 14,271 shares of the bank’s stock worth $116,000 after purchasing an additional 2,294 shares during the period. Wetherby Asset Management Inc. lifted its position in Deutsche Bank by 12.4% in the fourth quarter. Wetherby Asset Management Inc. now owns 23,021 shares of the bank’s stock worth $188,000 after purchasing an additional 2,531 shares during the period. Partnervest Advisory Services LLC lifted its position in Deutsche Bank by 16.2% in the fourth quarter. Partnervest Advisory Services LLC now owns 21,500 shares of the bank’s stock worth $175,000 after purchasing an additional 3,000 shares during the period. Finally, Flinton Capital Management LLC lifted its position in Deutsche Bank by 42.5% in the fourth quarter. Flinton Capital Management LLC now owns 15,764 shares of the bank’s stock worth $126,000 after purchasing an additional 4,704 shares during the period. 22.19% of the stock is owned by institutional investors and hedge funds.
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