Stocks In Queue: CBS Corporation (CBS), Newmont Mining Corporation (NEM), PayPal Holdings, Inc. (PYPL)

CBS Corporation (CBS) climbed 0.28% during last trading as the stock added $0.18 to finish the day at $65.42 with about 5.98M shares changing hands, compared to its three month average trading volume of 3.9M. The $30.62B market cap company, which fluctuated between $64.08 and $65.59 during the day, currently situated 52.09% above its 52 week low of $44.9 and -2.18% away from its one year high of $66.88. The RSI of 60.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Newmont Mining Corporation (NEM) gained $0.54 to close the day at a new closing price of $37.57, a 1.46% increase in value from its previous closing price that moved the stock 63.11% above its 52 week low of $24.08. A total of 5.79M shares exchanged hands during the day compared with its three month average trading volume of 7.58M. The stock, which fluctuated between $37.26 and $37.69 during the day, currently situated -18.28% below its 52 week high. The stock is up by 6.55% in the past one month and up by 10.96% over the past three months. With a one year target estimate of $39.88 and RSI of 62.28, the stock still has upside potential, making it a hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

PayPal Holdings, Inc. (PYPL) had a light trading with around 5.73M shares changing hands compared to its three month average trading volume of 6.67M. The stock traded between $41.7 and $42.31 before closing at the price of $42.15 with 0.67% change on the day. The San Jose California 95131 based company is currently trading 23.97% above its 52 week low of $34 and -5.32% below its 52 week high of $44.52. Both the RSI indicator and target price of 66.92 and $46.83 respectively, lead us to believe that it should be put on hold over the coming weeks.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company’s platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

 

3 Stocks to Watch For: Pioneer Natural Resources Company (PXD), Intercontinental Exchange, Inc. (ICE), CBS Corporation (CBS)

Pioneer Natural Resources Company (PXD) saw its value increase by 1.5% as the stock gained $2.87 to finish the day at a closing price of $194.46. The stock was higher in trading and has fluctuated between $115.03-$195 per share for the past year. The shares, which traded within a range of $192.33 to $195 during the day, are up by 9.43% in the past three months and up by 11.66% over the past six months. It is currently trading 6.81% above its 20 day moving average and 5.67% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $221.75 a share over the next twelve months. The current relative strength index (RSI) reading is 64.28.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Intercontinental Exchange, Inc. (ICE) shares were up in last trading by 0.12% to $57.65. It experienced higher than average volume on day. The stock decreased in value by almost -1.52% over the past week and grew 1.43% in the past month. It is currently trading 0.2% above its 50 day moving average and 6.15% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.77% decrease in value from its one year high of $60.54. The RSI indicator value of 47.24, lead us to believe that it is a hold for now.

Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Israel, Canada, and Singapore. It operates in two segments: Trading and Clearing, and Data and Listings. The company operates marketplaces for trading and clearing an array of derivatives and securities contracts across various asset classes, including energy and agricultural commodities, interest rates, equities, equity and credit derivatives, exchange traded funds, bonds, and currencies. It primarily provides price discovery and trade execution, listings, trade processing and data repositories, clearing and related post-trade activities, data, and benchmark administration services. The company operates exchanges and marketplaces, such as ICE Futures Europe, ICE Futures U.S., ICE Futures Canada, ICE Endex, ICE Futures Singapore, and NYSE Amex and NYSE Arca Options, as well as over-the-counter markets for physical energy and credit default swaps, and central counterparty clearing houses. It serves commodity producers and consumers, financial institutions, money managers, trading firms, and other business entities; various market participants in the equities markets, such as financial institutions, institutional investors, wholesalers, hedge funds, quantitative funds, algorithmic traders, and individual investors; and members, which are entities registered as broker-dealers with the Securities and Exchange Commission. The company’s customers also comprise companies operating in a range of sectors, including technology, financial services, consumer brands, industrial, transportation, media, energy, and mining; the financial services industry; and value added resellers, such as custodians, wealth managers, software providers, and other outsourcing organizations. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

CBS Corporation (CBS) traded within a range of $64.2 to $64.82 after opening the day at $64.56. The company has seen its stock increase in value by 1.23% so far this year. The stock was up close to 0.03% on light volume in last trading session and closed at $64.4 per share. After the recent gain, the stock is currently holding -3.71% below its 52 week high of $66.88 and 57.61% above its 12-month low of $43.54. The shares are up by over 12.49% in the last three months, and the RSI indicator value of 55.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

 

Worth Watching Stocks: D.R. Horton, Inc. (DHI), Medtronic plc (MDT), CBS Corporation (CBS)

D.R. Horton, Inc. (DHI) saw its value increase by 1.6% as the stock gained $0.47 to finish the day at a closing price of $29.89. The stock was lighter in trading and has fluctuated between $23.01-$34.56 per share for the past year. The shares, which traded within a range of $29.37 to $29.93 during the day, are up by 2.47% in the past three months and down by -6.74% over the past six months. It is currently trading 1.69% above its 20 day moving average and 4.58% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34.3 a share over the next twelve months. The current relative strength index (RSI) reading is 54.89.The technical indicator lead us to believe there will be no major movement any time soon, hold.

D.R. Horton, Inc. operates as a homebuilding company. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 78 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Regent Homes, Crown Communities, and Pacific Ridge Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services. The company primarily serves title insurance agents, homebuyers, and homebuilding customers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Fort Worth, Texas.

Medtronic plc (MDT) shares were down in last trading by -0.68% to $75.6. It experienced lighter than average volume on day. The stock decreased in value by almost -0.53% over the past week and grew 2.41% in the past month. It is currently trading 2.73% above its 50 day moving average and -7.31% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -15.31% decrease in value from its one year high of $89.27. The RSI indicator value of 57.45, lead us to believe that it is a hold for now.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators and cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, peripheral vascular intervention products, and products to treat superficial and deep venous diseases. Its Minimally Invasive Therapies Group segment provides gastrointestinal diagnostics, ablation, and interventional lung solutions; stapling, vessel sealing, and other surgical instruments; sutures; electrosurgery products; hernia mechanical devices; mesh implants; products for patient monitoring and recovery; sensors; monitors; compression and dialysis, enteral feeding, and wound care products; and operating room supplies, electrodes, needles, syringes, and sharps disposals. The company’s Restorative Therapies Group segment offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery systems for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder, overactive bladder, urinary retention, fecal incontinence, and gastroparesis; products to treat conditions of the ear, nose, throat, and neurological disorders; systems that incorporate advanced energy surgical instruments; products for haemostatic sealing of soft tissue and bone; and image-guided surgery and intra-operative imaging systems. Its Diabetes Group segment provides insulin pumps and consumables; continuous glucose monitoring systems; and Web-based therapy management software solutions. It serves hospitals, physicians, clinicians, and patients. Medtronic plc was founded in 1949 and is headquartered in Dublin, Ireland.

CBS Corporation (CBS) traded within a range of $63.24 to $64.47 after opening the day at $64.47. The company has seen its stock decrease in value by -0.17% so far this year. The stock was down close to -1.49% on light volume in last trading session and closed at $63.51 per share. After the recent fall, the stock is currently holding -5.04% below its 52 week high of $66.88 and 55.44% above its 12-month low of $41.9. The shares are up by over 10.55% in the last three months, and the RSI indicator value of 47.14 is neither bullish nor bearish, tempting investors to stay on the sidelines.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

 

Stocks in the Spotlight: CBS Corporation (CBS), The Home Depot, Inc. (HD), TechnipFMC plc (FTI)

CBS Corporation (CBS) had a light trading with around 3.84M shares changing hands compared to its three month average trading volume of 4.18M. The stock traded between $64.15 and $65.13 before closing at the price of $64.67 with 0.81% change on the day. The New York New York 10019 based company is currently trading 58.27% above its 52 week low of $41.36 and -3.3% below its 52 week high of $66.88. Both the RSI indicator and target price of 59.46 and $69.72 respectively, lead us to believe that it should be put on hold over the coming weeks.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

The Home Depot, Inc. (HD) failed to extend gains with the stock declining -1.08% or $-1.49 to close the day at $136.49 on light trading volume of 3.83M shares, compared to its three month average trading volume of 4.92M. The Atlanta Georgia 30339 based company has been outperforming the home improvement stores group over the past 52 weeks, with the stock gaining 19.72%, compared to the industry which has advanced 17.68% over the same period. With RSI of 53.76, the stock should still continue to rise and get closer to its one year target estimate of $148.08, making it a hold for now.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

TechnipFMC plc (FTI) shares were down in last trading by -4.13% to $32.03. It experienced lighter than average volume on day. The stock decreased in value by almost -3.81% over the past week and fell -12.51% in the past month. It is currently trading -8.63% below its 50 day moving average and 5.85% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.64% decrease in value from its one year high of $37.09. The RSI indicator value of 32.53, lead us to believe that it is a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

 

Stocks Roundup: Marsh & McLennan Companies, Inc. (MMC), CBS Corporation (CBS), Aetna Inc. (AET)

Marsh & McLennan Companies, Inc. (MMC) grew with the stock adding 3.17% or $2.14 to close at $69.55 on active trading volume of 2.93M compared its three months average trading volume of 2.13M. The New York New York 10036 based company operating under the Insurance Brokers industry has been trending up for the last 52 weeks, with the shares price now 34.33% up for the period and up by 3.42% so far this year. With price target of $73.53 and a 38.5% rebound from 52-week low, Marsh & McLennan Companies, Inc. has plenty of upside potential, making it a hold with a view buy.

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates through two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, retirement, talent, and investments consulting services and products; and specialized management, and economic and brand consulting services. This segment assists public and private sector employers in the design, management, and administration of employee health care programs; provides a range of strategic and compliance-related retirement services and solutions to corporate, governmental, and institutional clients; advises organizations on the engagement, management, and rewarding of employees; and offers investment consulting and other services to the sponsors of pension funds, foundations, endowments, other investors, and wealth management companies. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

CBS Corporation (CBS) had a light trading with around 2.92M shares changing hands compared to its three month average trading volume of 4.23M. The stock traded between $64.04 and $65.35 before closing at the price of $64.14 with -0.71% change on the day. The New York New York 10019 based company is currently trading 56.98% above its 52 week low of $41.36 and -4.1% below its 52 week high of $66.88. Both the RSI indicator and target price of  and $69.19 respectively, lead us to believe that it could rise over the coming weeks.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Aetna Inc. (AET) saw its value decrease by -0.95% as the stock dropped $-1.16 to finish the day at a closing price of $120.45. The stock was lighter in trading and has fluctuated between $92.42-$136.5 per share for the past year. The shares, which traded within a range of $119.79 to $121.68 during the day, are up by 14.06% in the past three months and up by 3.51% over the past six months. It is currently trading -0.46% below its 20 day moving average and -3.42% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $140.6 a share over the next twelve months. The current relative strength index (RSI) reading is 44.22.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management services, dental, behavioral health, and vision plans on an insured basis, as well as an employer-funded or administrative services contract basis. It also provides point-of-service, preferred provider organization, health maintenance organization, and indemnity benefit plans, as well as health savings accounts and consumer-directed health plans. In addition, this segment offers Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, workers’ compensation administrative services, and products that provide access to its provider networks in select geographies. The Group Insurance segment offers life insurance products, including group term life insurance, voluntary spouse and dependent term life insurance, group universal life insurance, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which provide the benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. The Large Case Pensions segment manages retirement products, including pension and annuity products primarily for tax-qualified pension plans. The company offers its products to employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. has a collaboration agreement with Commonwealth Health to introduce a new health plan; and Regional Cancer Care Associates to create an oncology medical home. The company was founded in 1853 and is based in Hartford, Connecticut.

 

Trader’s Round Up: Chubb Limited (CB), S&P Global, Inc. (SPGI), CBS Corporation (CBS)

Chubb Limited (CB) retreated with the stock falling -0.17% or $-0.22 to close at $131.49 on light trading volume of 1.52M compared its three months average trading volume of 1.56M. The Zurich Zurich 8001 based company operating under the Property & Casualty Insurance industry has been trending up for the last 52 weeks, with the shares price now 16.73% up for the period and down by -0.48% so far this year. With price target of $140.72 and a 23.79% rebound from 52-week low, Chubb Limited has plenty of upside potential, making it a hold with a view buy.

Chubb Limited, through its subsidiaries, provides property and casualty insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers’ compensation, package policies, and risk management; and specialty categories, such as professional lines, marine and construction risk, environmental and cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Bermuda, and Canada. Its North America Personal P&C Insurance segment offers affluent and high net worth individuals and families with homeowners, automobile, valuables, umbrella, and recreational marine insurance and services in the United States and Canada. The company’s North America Agricultural Insurance segment provides comprehensive multiple peril crop and crop-hail insurance; and coverage for farm and ranch property, as well as commercial agriculture products. Its Overseas General Insurance segment offers coverage for traditional commercial property and casualty, and specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction risk, as well as group accident and health, and traditional and specialty personal lines. The company’s Global Reinsurance segment markets reinsurance products; and provides solutions for small to mid-sized clients and multinational ceding companies. Its Life Insurance segment offers protection and savings products comprising whole life, endowment plans, individual term life, group term life, group medical, personal accident, credit life, universal life, and unit linked contracts. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016 as a result of its acquisition of The Chubb Corporation. Chubb Limited is headquartered in Zurich, Switzerland.

S&P Global, Inc. (SPGI) dropped $-0.44 to close the day at a new closing price of $120.18, a -0.36% decrease in value from its previous closing price that moved the stock 55.05% above its 52 week low of $78.55. A total of 1.28M shares exchanged hands during the day compared with its three month average trading volume of 1.55M. The stock, which fluctuated between $119.66 and $121.28 during the day, currently situated -6.12% below its 52 week high. The stock is up by 10.65% in the past one month and down by -1.42% over the past three months. With a one year target estimate of $133.92 and RSI of 66.14, the stock still has upside potential, making it a hold for now.

S&P Global, Inc. provides independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company operates through S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, and S&P Global Platts divisions. The S&P Global Ratings division provides credit ratings, such as issue credit, issuer credit, loan, and Standard & Poor’s underlying ratings; national and regional scale credit ratings; and fund credit quality, municipal short-term note, principal stability fund, swap risk, and fund volatility ratings. It also offers ERM benchmark review, local government investment pools, mid-market evaluation, asset manager practices classification, CLO tranche recovery metrics, U.S. residential mortgage originator reviews and recovery analytics, rating evaluation service, credit assessments, credit estimates, liquidity assessments, private credit analysis, servicer evaluations, covered bond monitor, financial services credit tools, corporate mapping, and structured credit products. The S&P Global Market Intelligence division provides company data, pricing and marketing data, analytic measures, reference data and classifications, and ratings and research services. The S&P Dow Jones Indices division offers various indices, including equity, fixed income, commodities, real estate, strategy, and custom indices that help investors to identify, measure, and capitalize on global investment opportunities; and research, education, and market commentary services. The S&P Global Platts division provides real-time news and price information; market reports and analytics; end-of-day market data; geospatial data and maps; conferences; and a weekly television program broadcast for the commodities and energy markets. The company was formerly known as McGraw Hill Financial, Inc. and changed its name to S&P Global, Inc. in April 2016. S&P Global, Inc. was founded in 1888 and is headquartered in New York, New York.

CBS Corporation (CBS) shares were up in last trading by 0.14% to $64.49. It experienced lighter than average volume on day. The stock increased in value by almost 2.4% over the past week and fell -0.02% in the past month. It is currently trading 2.7% above its 50 day moving average and 14.9% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.57% decrease in value from its one year high of $66.88. The RSI indicator value of 58.58, lead us to believe that it is a hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

 

Stocks Trending Alert: Ross Stores, Inc. (ROST), CBS Corporation (CBS), Marsh & McLennan Companies, Inc. (MMC)

Ross Stores, Inc. (ROST) saw its value decrease by -0.37% as the stock dropped $-0.24 to finish the day at a closing price of $65.33. The stock was lighter in trading and has fluctuated between $52-$69.81 per share for the past year. The shares, which traded within a range of $64.94 to $65.87 during the day, are up by 3.09% in the past three months and up by 6.97% over the past six months. It is currently trading -1.21% below its 20 day moving average and -2.3% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $70.83 a share over the next twelve months. The current relative strength index (RSI) reading is 40.57.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at savings of 20% to 60% off department and specialty store regular prices primarily to middle income households; and dd’s DISCOUNTS stores sell its products at savings of 20% to 70% off moderate department and discount store regular prices to customers from households with moderate income. As of October 10, 2016, it operated 1,342 Ross Dress for Less stores in 36 states, the District of Columbia, and Guam; and 193 dd’s DISCOUNTS stores in 15 states. The company was founded in 1982 and is headquartered in Dublin, California.

CBS Corporation (CBS) shares were up in last trading by 0.9% to $64.74. It experienced lighter than average volume on day. The stock increased in value by almost 1.97% over the past week and fell -0.17% in the past month. It is currently trading 3.48% above its 50 day moving average and 15.58% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.2% decrease in value from its one year high of $66.88. The RSI indicator value of 60.49, lead us to believe that it is a hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Marsh & McLennan Companies, Inc. (MMC) traded within a range of $68.67 to $69.18 after opening the day at $68.94. The company has seen its stock increase in value by 2.38% so far this year. The stock was up close to 0.15% on light volume in last trading session and closed at $68.85 per share. After the recent gain, the stock is currently holding -0.82% below its 52 week high of $69.77 and 37.11% above its 12-month low of $51.25. The shares are up by over 9.45% in the last three months, and the RSI indicator value of 61.34 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates through two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, retirement, talent, and investments consulting services and products; and specialized management, and economic and brand consulting services. This segment assists public and private sector employers in the design, management, and administration of employee health care programs; provides a range of strategic and compliance-related retirement services and solutions to corporate, governmental, and institutional clients; advises organizations on the engagement, management, and rewarding of employees; and offers investment consulting and other services to the sponsors of pension funds, foundations, endowments, other investors, and wealth management companies. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

 

Stocks in the Spotlight: CBS Corporation (CBS), Amgen Inc. (AMGN), Lennar Corporation (LEN)

CBS Corporation (CBS) had a light trading with around 3.5M shares changing hands compared to its three month average trading volume of 4.34M. The stock traded between $62.69 and $63.89 before closing at the price of $63 with 0.03% change on the day. The New York New York 10019 based company is currently trading 54.19% above its 52 week low of $41.36 and -5.8% below its 52 week high of $66.88. Both the RSI indicator and target price of 49.84 and $67.38 respectively, lead us to believe that it should be put on hold over the coming weeks.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Amgen Inc. (AMGN) managed to rebound with the stock climbing 1.48% or $2.25 to close the day at $154.1 on light trading volume of 3.48M shares, compared to its three month average trading volume of 4.19M. The Thousand Oaks California 91320 based company has been outperforming the biotechnology group over the past 52 weeks, with the stock gaining 2.85%, compared to the industry which has advanced 2.66% over the same period. With RSI of 55.08, the stock should still continue to rise and get closer to its one year target estimate of $181.73, making it a hold for now.

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It offers products for the treatment of illness in the areas of oncology/hematology, cardiovascular, inflammation, bone health, nephrology, and neuroscience. The company’s products include Neulasta, a pegylated protein for the treatment of cancer patients; NEUPOGEN, a recombinant-methionyl human granulocyte colony-stimulating factor for reducing the incidence of infection for patients with non-myeloid malignancies; and Enbrel to treat rheumatoid arthritis, plaque psoriasis, and psoriatic arthritis. Its products also comprise EPOGEN to treat a lower-than-normal number of red blood cells caused by chronic kidney disease (CKD) in patients on dialysis; Aranesp for treating anemia; XGEVA for the prevention of skeletal-related events; Prolia to treat postmenopausal women with osteoporosis; Repatha for the treatment of cholesterol; and Sensipar/Mimpara products for use in the treatment of secondary hyperparathyroidism in CKD patients on dialysis. The company’s other marketed products include Kyprolis, a proteasome inhibitor to treat patients with multiple myeloma and small-cell lung cancer; Nplate, a thrombopoietic compound; Vectibix, a human monoclonal antibody; and BLINCYTO for the treatment of patients with Philadelphia chromosome-negative relapsed or refractory B-cell precursor acute lymphoblastic leukemia. It also develops various products that are in various clinical trials. The company serves pharmaceutical wholesale distributors; and physicians or their clinics, dialysis centers, hospitals, and pharmacies, as well as consumers. It has collaborative agreements with Xencor, Inc; UCB; Novartis AG; Bayer HealthCare Pharmaceuticals Inc; Advaxis, Inc.; Dr. Reddy’s Laboratories Ltd.; Biocartis Group NV; and Nuevolution AB. The company also has a strategic collaboration with Immatics Biotechnologies GmbH. Amgen Inc. was founded in 1980 and is headquartered in Thousand Oaks, California.

Lennar Corporation (LEN) shares were up in last trading by 1.21% to $46.93. It experienced higher than average volume on day. The stock increased in value by almost 5.94% over the past week and grew 9.34% in the past month. It is currently trading 7.73% above its 50 day moving average and 4.67% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.29% decrease in value from its one year high of $49.6. The RSI indicator value of 70.42, lead us to believe that it may reverse gains in the near term.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily segments. Its homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land. The company also offers real estate related financial services, including mortgage financing, title insurance, and closing services for home buyers and others, as well as personal lines, property, and casualty insurance products. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company sponsors, invests, and manages private equity vehicles, and provides asset management and other services to the vehicles and other third parties. Additionally, the company develops multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

 

Stocks To Watch: Triangle Petroleum Corporation (TPLM), CBS Corporation (CBS), Whole Foods Market, Inc. (WFM)

Triangle Petroleum Corporation (TPLM) traded within a range of $0.25 to $0.298 after opening the day at $0.26. The company has seen its stock increase in value by 9.75% so far this year. The stock was up close to 1.57% on active volume in last trading session and closed at $0.26 per share. After the recent gain, the stock is currently holding -87.9% below its 52 week high of $2.14 and 95.03% above its 12-month low of $0.13. The shares are down by over -2.63% in the last three months, and the RSI indicator value of 49.03 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Triangle Petroleum Corporation, an independent energy company, engages in the exploration, development, and production of oil and natural gas properties in the United States. It operates in two segments, Exploration and Production, and Oilfield Services. As of January 31, 2016, the company had leasehold interests in approximately 103,540 net acres in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana. It also offers oilfield services, including hydraulic pressure pumping, wireline, perforating, pump rental, workover, and other complementary services, as well as midstream services. The company was formerly known as Peloton Resources Inc. and changed its name to Triangle Petroleum Corporation in May 2005. Triangle Petroleum Corporation was incorporated in 2003 and is headquartered in Denver, Colorado.

CBS Corporation (CBS) continued its downward trend with the stock declining -0.44% or $-0.28 to close the day at $62.98 on light trading volume of 3.95M shares, compared to its three month average trading volume of 4.39M. The New York New York 10019 based company has been outperforming the entertainment – diversified group over the past 52 weeks, with the stock gaining 37.72%, compared to the industry which has advanced 24.98% over the same period. With RSI of 48.69, the stock should still continue to rise and get closer to its one year target estimate of $67.38, making it a hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Whole Foods Market, Inc. (WFM) gained $0.1 to close the day at a new closing price of $30.46, a 0.33% increase in value from its previous closing price that moved the stock 11.11% above its 52 week low of $27.67. A total of 3.95M shares exchanged hands during the day compared with its three month average trading volume of 4.94M. The stock, which fluctuated between $30.2 and $30.62 during the day, currently situated -13.21% below its 52 week high. The stock is down by -5.88% in the past one month and up by 8.97% over the past three months. With a one year target estimate of $29.94 and RSI of 43.22, the stock still has upside potential, making it a hold for now.

Whole Foods Market, Inc. operates natural and organic foods supermarkets. Its stores offers produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. As of November 2, 2016, the company operated 464 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.

 

Stocks In Action: Spirit Realty Capital, Inc. (SRC), Bonanza Creek Energy Inc. (BCEI), CBS Corporation (CBS)

Spirit Realty Capital, Inc. (SRC) traded within a range of $10.8 to $10.97 after opening the day at $10.87. The company has seen its stock increase in value by 0.74% so far this year. The stock was up close to 1.11% on light volume in last trading session and closed at $10.94 per share. After the recent gain, the stock is currently holding -19.29% below its 52 week high of $13.97 and 28.28% above its 12-month low of $9.65. The shares are down by over -11.68% in the last three months, and the RSI indicator value of 53.59 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. The firm was formerly known as Spirit Finance Corp. Spirit Realty Capital, Inc. was formed on August 14, 2003 and is domiciled in the United States.

Bonanza Creek Energy Inc. (BCEI) failed to extend gains with the stock declining -3.99% or $-0.12 to close the day at $2.89 on light trading volume of 3.22M shares, compared to its three month average trading volume of 4.25M. The Denver Colorado 80202 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 12.45%, compared to the industry which has advanced 50.38% over the same period. With RSI of 65.85, the stock should still continue to rise and get closer to its one year target estimate of $1.13, making it a hold for now.

Bonanza Creek Energy Inc., an independent energy company, engages in the acquisition, exploration, development, and production of onshore oil and associated liquids-rich natural gas in the United States. The company’s oil and liquids weighted assets are located primarily in the Wattenberg Field in Colorado; and the Dorcheat Macedonia Field in southern Arkansas. It also owns and operates oil-producing assets in the North Park Basin in Colorado; and the McKamie Patton Field in Southern Arkansas. Bonanza Creek Energy Inc. was founded in 2010 and is headquartered in Denver, Colorado. On January 4, 2017, Bonanza Creek Energy Inc. along with its affiliates filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

CBS Corporation (CBS) dropped $-0.23 to close the day at a new closing price of $63.26, a -0.36% decrease in value from its previous closing price that moved the stock 54.82% above its 52 week low of $41.36. A total of 3.15M shares exchanged hands during the day compared with its three month average trading volume of 4.49M. The stock, which fluctuated between $62.91 and $63.51 during the day, currently situated -5.41% below its 52 week high. The stock is down by -2.1% in the past one month and up by 12.32% over the past three months. With a one year target estimate of $67.38 and RSI of 50.95, the stock still has upside potential, making it a hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.