Value Line, Inc. stock price

Value Line, Inc. latest news:


  • 11/16/2017 07:45:11

    NetApp shares rocket 15%, as analysts applaud strong earnings

    NetApp Inc. shares rocketed 15% out of the gate Thursday, as analysts applauded better-than-expected fiscal second-quarter earnings. D.A. Davidson analyst Mark Kelleher said the company has executed a 'significant company realignment' in the last two years as it moved into the Flash storage system market. "Strategic (growth) products continue to provide a strong revenue tailwind, while the headwind of Mature products is moderating," Kelleher wrote in a note. "We continue to believe NTAP offers an attractive value investment opportunity. The company has a rejuvenated product line that now spans many new markets (including Cloud and Flash); it has strong cash flow, and a commitment to its stock buyback program." Kelleher reiterated his buy rating on the stock and raised his price target to $56 from $53. Raymond James analyst Simon Leopold stuck with a market perform rating on the stock, but said the strong guidance was encouraging, as he had been cautious given strong comparisons starting in the January quarter. "We are incrementally positive around stable single digit y/y percentage growth, but continue to be cautious given the tough competitive environment, headwinds from ongoing cloud migrations, and late entry to the hyperconverged space," he wrote. Shares have gained 50% in 2017, while the S&P 500 has gained about 15%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/13/2017 14:15:23

    Why GE had the worst day since 2009 but the Dow industrials still ended in the green

    General Electric record its worst daily decline since April 2009 but that didn't stop the Dow Jones Industrial Average from booking a gain on Monday. That's because the the more than 7% drop in shares of GE , the 125-year-old conglomerate, equates to about a 10-point drop in the price-weighted Dow . In other words, a $1 move in anyone of the Dow's 30 components equates to a 6.89-point swing in the equity benchmark. That price weighting places emphasis on a company's share price-- $19.02 for GE- rather than, say, market value. GE boasts a market value of about $165 billion, after shedding about $10 billion in Monday trade. It also is the worst performer so far this year among the Dow's components. GE's downturn on Monday, however, was outweighed by gains in McDonald's Corp. , Home Depot Inc. and Boeing Co. , which all trade at a share price well over $100. GE's decline come as the company undergoes a drastic restructuring, including cutting its divided in half, under new CEO John Flannery. Overall, the Dow ended the session up about 17 points, or 0.1%, at 23,439, snapping a two-session skid. The S&P 500 index gained 0.1% at 2,584, while the Nasdaq Composite Index advanced 0.1% at 6,757. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/13/2017 08:34:24

    Dow industrials pivot higher as P&G, Home Depot outweigh GE's stock slump

    The Dow Jones Industrials Average made a morning break into positive territory, powered by shares of Procter & Gamble Co., Home Depot Inc., and Boeing Co., helping to counter a slide in General Electric's stock. Shares of P&G , Home Depot and Boeing combined to contribute about 25 points--the bulk of the price-weighted blue-chip index's morning gains. Meanwhile, GE's stock was only cutting about 5 points from the Dow, even though it is the benchmark's worst percentage performer. A $1 move in anyone of the Dow's 30 components equates to a 6.89-point swing, making a component's share price more influential than, say, its overall market value. GE was under pressure as it sought to deliver a raft of changes under new CEO John Flannery to revamp its 125-year-old business. Elsewhere, the S&P 500 index was gaining some traction in the green at 2,582. The Nasdaq Composite Index was also edging higher at 6,752. All three benchmarks cut losses from a firmer decline earlier Monday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/13/2017 08:27:06

    Dow industrials pivot higher as stocks of P&G, Home Depot outweigh GE's share slump

    The Dow Jones Industrials Average made a morning break into positive territory, powered by shares of Procter & Gamble Co., Home Depot Inc., and Boeing Co., helped to counter a slide in General Electric's stock. Shares of P&G , Home Depot and Boeing combined to contribute 25 points, or virtually all of the price-weighted blue-chip index's morning gains. Meanwhile, GE's stock was only cutting about 5 points from the Dow, even though it is the benchmark's worst percentage performer. A $1 move in anyone of the Dow's 30 components equates to a 6.89-point swing, making a component's share price more influential than, say, its overall market value. GE was under pressure as it delivered a raft of changes under new CEO John Flannery to revamp its 125-year-old business. Elsewhere, the S&P 500 was gaining some traction in the green at 2,583. The Nasdaq Composite Index was also edging higher at 6,752. All three benchmarks cut losses from a firmer decline earlier Monday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/13/2017 04:50:10

    GE plans to slash dividend by 50%

    General Electric Co. plans to cut its dividend by half, with the conglomerate on Monday saying the move will help its effort to drive up growth and value for shareholders. The dividend would be reduced to 12 cents a share from 24 cents a share, effective with the expected declaration of GE's next dividend in December. "We understand the importance of this decision to our shareowners and we have not made it lightly," said GE Chief Executive John Flannery in a statement. "We are focused on driving total shareholder return and believe this is the right decision to align our dividend payout to cash flow generation." GE was expected to outline plans to focus on three of its biggest business lines, but stop short of a breakup or more radical restructuring. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 10/27/2017 01:05:13

    China's HNA in talks to buy e-commerce firm Dangdang likely valued over $1 billion: sources

    China's HNA Group Co Ltd [HNAIRC.UL] is in talks to buy a controlling stake in E-commerce China Dangdang Inc in a deal that could value the online marketplace at over $1 billion, two people with direct knowledge of the matter told Reuters.

  • 10/20/2017 13:48:57

    BRIEF-Value Line reaffirmed stock repurchase program of $3 mln of co's stock adopted on Sept 19​

    * Says ‍board reaffirmed stock repurchase program of $3 million of co's stock adopted on sept 19​ Source text for Eikon: Further company coverage:

  • 09/14/2017 08:01:06

    Equifax's stock takes another dive to 2 1/2-year low; J.P. Morgan slashes price target

    Shares of Equifax Inc. extended their plunge Thursday, falling another 8.9% in morning trade to a 2 1/2-year low, and have now lost more than one-third of their value since the credit-reporting company unveiled a massive data breach. With 120.37 million shares outstanding as of July 13, the $52.57 decline in the past week has wiped out $6.33 billion in market capitalization. Analyst Andrew Steinerman at J.P. Morgan slashed his stock price target to $135, which is about 50% above current levels, from $167, while reiterating his overweight rating. He said that after a meeting with management, the full impacts of the data breach are still uncertain. "However, some key points were clarified and we now feel better positioned to assess the near term drag (we estimate a 10% EPS drag in 2018), even as we acknowledge that facts are still emerging. The stock, which hit a 2 1/2-year low in intraday trade, has now lost 24% year to date, while the S&P 500 has gained 11%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/13/2017 14:42:08

    BRIEF-VALUE LINE INC Q1 EARNINGS PER SHARE $0.23

    * Q1 EARNINGS PER SHARE $0.23 Source text for Eikon: Further company coverage:

  • 09/12/2017 10:00:03

    Perrigo surges as Starboard Value's Jeff Smith talks up the stock

    Shares of Perrigo Co. surged Tuesday after Jeff Smith, chief executive officer of Starboard Value, singled out the pharmaceutical company as a good investment. Perrigo has more potential to boost sales through online vendors such as Amazon.com Inc. and the stock is undervalued due to the pricing pressure in its generics business, he said. Perrigo shares jumped 5.1% to $89.37. Altaba Inc. , another of Smith's best ideas presented at the Delivering Alpha conference, also rose 0.5%. Altaba was formed after Verizon Communications Inc. bought Yahoo's internet business. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/31/2017 06:42:15

    BRIEF-First Quantum Minerals to increase its ownership in Minera Panama S.A.

    First Quantum Minerals Ltd(FQVLF). * First Quantum Minerals(FQVLF) to increase its ownership in Minera Panama S.A. To 90% * First Quantum Minerals Ltd (FQVLF) - ‍acquisition's headline value is $635 million payable in six installments over a five-year period​. * First Quantum Minerals Ltd (FQVLF) - ‍acquisition's headline value is $635 million payable in six installments over a five-year period​. * First Quantum Min...

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