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Soros Fund Management LLC Continues to Hold Position in Broadcom Co.

2016-04-16 10:06:56| Semiconductors - Topix.net

Soros Fund Management LLC continued to hold its position in Broadcom Co. during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission .

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Linn Energy LLC (LINE) Downgraded by Zacks Investment Research to Hold

2016-04-16 04:35:17| Energy - Topix.net

According to Zacks, "Linn Energy, LLC is an independent oil and gas company focused on the development and acquisition of long-lived properties which complement its asset profile in producing basins within the United States. Its goal is to provide stability and growth in distributions to our unitholders through a combination of continued successful drilling and acquisitions.

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Zacks Investment Research Lowers W W Grainger Inc (GWW) to Hold

2016-04-16 02:32:07| Industrial Machines - Topix.net

According to Zacks, "Grainger's fourth quarter adjusted earnings per share dropped 11% year over year to $2.49. Grainger has maintained its 2016 sales growth guidance of -1% to 7% and earnings per share guidance of $10.80$13.00.

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Penske Automotive Group, Inc. (NYSE:PAG) Given Average Rating of "Hold" by Brokerages

2016-04-16 02:23:17| Auto Dealers - Topix.net

Penske Automotive Group, Inc. has been assigned a consensus rating of "Hold" from the seven analysts that are covering the company, AnalystRatingsNetwork.com reports . One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.

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These 2 N.J. companies hold $50B in offshore tax havens, study claims

2016-04-16 01:38:54| Telecom - Topix.net

Two New Jersey-based companies and one with a large footprint in the state have a total of $57 billion in tax havens, which helped saved the companies billions in income taxes over six years, according to a recent report. The report by the anti-poverty charity Oxfam claims that 50 of the top U.S. corporations, companies that receive trillions in taxpayer funds, stashed more than $1.4 trillion in off-shore accounts, contributing to creating a lower corporate tax rate, according to income tax records gathered by the group .

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