Global wine production slumped to its lowest level in 60 years in 2017, according to data from the International Organisation of Vine and Wine.
The most recent harvest produced 25 billion liters of wine, a decrease from 26.7 billion in 2016 and 27.6 billion in 2015. The decline was driven by weak harvests in key markets including Europe and South Africa.
The shortage has caused the wholesale price of basic wine in Italy to skyrocket 74% over the previous year, according to the European Commission. Prices are up 45% in Spain and over 10% in France.
Analysts said that producers, dealers and retailers will absorb some of the price hikes, but consumers will end up paying more -- especially for cheaper bottles.
"The wine companies that are targeting very low prices ... will be hit the worst, because their margins are very low," said Stephen Rannekleiv, a global beverages strategist at Rabobank. "When prices go up, it puts a lot of strain on them."
Top 10 Low Price Stocks To Watch Right Now: CPI Aerostructures, Inc.(CVU)
Advisors' Opinion:- [By Ethan Ryder]
Penn Capital Management Co. Inc. lessened its holdings in shares of CPI Aero (NYSEAMERICAN:CVU) by 22.5% in the 1st quarter, Holdings Channel reports. The firm owned 253,588 shares of the aerospace company’s stock after selling 73,720 shares during the quarter. Penn Capital Management Co. Inc.’s holdings in CPI Aero were worth $2,472,000 as of its most recent filing with the SEC.
- [By Lisa Levin]
CPI Aerostructures, Inc. (NYSE: CVU) is estimated to report quarterly earnings at $0.1 per share on revenue of $18.50 million.
SORL Auto Parts, Inc. (NASDAQ: SORL) is expected to report quarterly earnings at $0.19 per share on revenue of $86.96 million.
Top 10 Low Price Stocks To Watch Right Now: Rada Electronics Industries Limited(RADA)
Advisors' Opinion:- [By Logan Wallace]
TESSCO Technologies (NASDAQ: TESS) and RADA Electronic Industries (NASDAQ:RADA) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, profitability, valuation, analyst recommendations, risk and earnings.
Top 10 Low Price Stocks To Watch Right Now: Corporate Office Properties Trust(OFC)
Advisors' Opinion:- [By Logan Wallace]
Media headlines about Corporate Office Properties Trust (NYSE:OFC) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Corporate Office Properties Trust earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 45.8310227240563 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Shane Hupp]
A.R.T. Advisors LLC cut its position in Corporate Office Properties Trust (NYSE:OFC) by 30.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,700 shares of the real estate investment trust’s stock after selling 41,800 shares during the quarter. A.R.T. Advisors LLC owned approximately 0.09% of Corporate Office Properties Trust worth $2,471,000 at the end of the most recent quarter.
- [By Max Byerly]
Corporate Office Properties Trust (NYSE:OFC) CEO Stephen E. Budorick bought 526 shares of Corporate Office Properties Trust stock in a transaction dated Thursday, June 28th. The stock was acquired at an average cost of $28.34 per share, for a total transaction of $14,906.84. Following the purchase, the chief executive officer now directly owns 105,368 shares in the company, valued at approximately $2,986,129.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
- [By Stephan Byrd]
Barclays PLC grew its holdings in shares of Corporate Office Properties Trust (NYSE:OFC) by 20.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 244,725 shares of the real estate investment trust’s stock after buying an additional 41,577 shares during the quarter. Barclays PLC owned 0.24% of Corporate Office Properties Trust worth $6,321,000 at the end of the most recent reporting period.
Top 10 Low Price Stocks To Watch Right Now: Neo Lithium Corp. (NTTHF)
Advisors' Opinion:- [By ]
The following 6 companies are on the bench for the index:
Advantage Lithium (OTCQX:AVLIF) Argosy Minerals (OTCPK:ARYMF) Bacanora Minerals (OTC:BCRMF) Critical Elements (OTCQX:CRECF) NEO Lithium (OTCQX:NTTHF) Wealth Minerals (OTCQX:WMLLF)"Bench" is a sports analogy meaning that one or more of them could be added in the future if one of the above companies becomes a producer, is acquired, or the market capitalization ("cap") of one or more of the index holdings falls significantly below that of one or more companies on the bench.
- [By ]
Other juniors include: Advantage Lithium (OTCQB:AVLIF) [TSXV:AAL], AIS Resources [TSXV:AIS] (OTCQB:AISSF), American Lithium Corp. [TSX-V: LI] (OTCQB:LIACF), Argentina Lithium and Energy Corp. [TSXV:LIT] (OTCQB:PNXLF), Argosy Minerals [ASX:AGY] (OTC:ARYMF), AVZ Minerals [ASX:AVZ] (OTC:AZZVF), Bacanora Minerals [TSXV:BCN] [AIM:BCN] [GR:1BQ] (OTC:BCRMF), Birimian Ltd [ASX:BGS] (OTC:EEYMF), Critical Elements [TSXV:CRE] [GR:F12] (OTCQX:CRECF), Dajin Resources [TSXV:DJI] (OTCPK:DJIFF), Enigri (private), Eramet (EN Paris:ERA) (OTCPK:ERMAY), European Metals Holdings [ASX:EMH] [AIM:EMH] [GR:E861] (OTC:ERPNF), Far Resources [CSE:FAT] (OTCPK:FRRSF), Force Commodities [ASX:4CE], Kidman Resources [ASX:KDR] [GR:6KR], Latin Resources Ltd [ASX: LRS] (OTC:LAXXF), Lithium Australia [ASX:LIT] (OTC:LMMFF), Lithium Power International [ASX:LPI] (OTC:LTHHF), LSC Lithium [TSXV:LSC] (OTC:LSSCF), MetalsTech [ASX:MTC], MGX Minerals [CSE:XMG] (OTC:MGXMF), Millennial Lithium Corp. [TSXV:ML] (OTCQB:MLNLF), Neo Lithium [TSXV:NLC] (OTC:NTTHF), NRG Metals Inc. [TSXV:NGZ] (OTCQB:NRGMF), Nemaska Lithium [TSX:NMX] [GR:NOT] (OTCQX:NMKEF), North American Lithium (private), Piedmont Lithium [ASX:PLL] (OTC:PLLLY), Prospect Resources [ASX:PSC], Sayona Mining [ASX:SYA] (OTCPK:DMNXF), Savannah Resources [LSE:SAV], Standard Lithium [TSXV:SLL] (OTC:STLHF), and Wealth Minerals [TSXV:WML] (OTCQB:WMLLF).
Top 10 Low Price Stocks To Watch Right Now: Citigroup Inc.(C)
Advisors' Opinion:- [By Ethan Ryder]
Miles Capital Inc. increased its holdings in shares of Citigroup (NYSE:C) by 36.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,728 shares of the financial services provider’s stock after acquiring an additional 1,811 shares during the period. Miles Capital Inc.’s holdings in Citigroup were worth $454,000 at the end of the most recent reporting period.
- [By ]
Wells Fargo Securities analyst Mike Mayo is wondering who will replace Citigroup (C) Chairman Michael O'Neill, who is set for mandatory retirement at the end of 2018.
- [By ]
JPMorgan Chase & Co. (JPM) , Citigroup Inc. (C) and Wells Fargo & Co. (WFC) each reported strong earnings beats Friday, April 13, kicking off what analysts expect to be a solid quarter for the sector.
- [By ]
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer was pleased with the financial results from JPMorgan Chase (JPM) and Citigroup (C) .
Top 10 Low Price Stocks To Watch Right Now: PetSmart Inc(PETM)
Advisors' Opinion:- [By Shane Hupp]
An issue of PetSmart, Inc. (NASDAQ:PETM) debt rose 1% against its face value during trading on Monday. The high-yield debt issue has a 8.875% coupon and is set to mature on June 1, 2025. The debt is now trading at $67.50 and was trading at $66.25 last week. Price moves in a company’s debt in credit markets often anticipate parallel moves in its share price.
- [By Joseph Griffin]
An issue of PetSmart, Inc. (NASDAQ:PETM) bonds fell 1.6% as a percentage of their face value during trading on Wednesday. The high-yield debt issue has a 8.875% coupon and is set to mature on June 1, 2025. The debt is now trading at $49.19 and was trading at $55.47 one week ago. Price changes in a company’s bonds in credit markets often predict parallel changes in its stock price.
Top 10 Low Price Stocks To Watch Right Now: Nordic American Offshore Ltd(NAO)
Advisors' Opinion:- [By Stephan Byrd]
Media headlines about Nordic American Offshore (NYSE:NAO) have been trending somewhat negative on Thursday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nordic American Offshore earned a media sentiment score of -0.10 on Accern’s scale. Accern also assigned headlines about the shipping company an impact score of 46.9955270541452 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
- [By Max Byerly]
Nordic American Offshore (NYSE: NAO) and DryShips (NASDAQ:DRYS) are both small-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, profitability, valuation, dividends and risk.
Top 10 Low Price Stocks To Watch Right Now: Banco Bradesco Sa(BBDO)
Advisors' Opinion:- [By Ethan Ryder]
News articles about Banco Bradesco (NYSE:BBDO) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Banco Bradesco earned a news impact score of 0.19 on Accern’s scale. Accern also gave news stories about the bank an impact score of 46.8086143489448 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Top 10 Low Price Stocks To Watch Right Now: Harmonic Inc.(HLIT)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Harmonic (HLIT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Harmonic (HLIT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Harmonic Inc. (NASDAQ:HLIT) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $5.33.
Top 10 Low Price Stocks To Watch Right Now: Genuine Parts Company(GPC)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on Genuine Parts (GPC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on Genuine Parts (GPC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Bruderman Asset Management LLC lessened its stake in shares of Genuine Parts (NYSE:GPC) by 37.9% in the 1st quarter, Holdings Channel reports. The firm owned 4,091 shares of the specialty retailer’s stock after selling 2,495 shares during the quarter. Bruderman Asset Management LLC’s holdings in Genuine Parts were worth $368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Ethan Ryder]
DekaBank Deutsche Girozentrale lessened its position in shares of Genuine Parts (NYSE:GPC) by 64.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,092 shares of the specialty retailer’s stock after selling 19,733 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Genuine Parts were worth $1,065,000 at the end of the most recent reporting period.
No comments:
Post a Comment