drexel estimating LLC

40 independence way
miller place, new york 11764

NYS Entity Status
ACTIVE

NYS Filing Date
NOVEMBER 07, 2013

NYS DOS ID#
4483928

County
SUFFOLK

Jurisdiction
NEW YORK

Registered Agent
NONE

NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY

Name History
2013 - DREXEL ESTIMATING LLC









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  • AROUND THE WEB

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    By Carleton English - Monday Jun 26, 2017

    Dan Loeb just placed his biggest bet ever on a chocolate company. The activist investor’s hedge fund Third Point LLC amassed a $3.5 billion stake in Nestle, the world’s largest packaged foods company, representing roughly 1.25 percent of the Swiss-based company’s shares. Loeb is hoping to reinvigorate the brand amid changing food tastes as well...

    Source: New York Post: Business
  • Brett Gardner’s slam propels Yankees past 1st-place Astros
    By George A. King III - Saturday Jul 1, 2017

    HOUSTON — Clint Frazier will be the latest, but certainly not the last, Yankees prospect to make it to the major leagues this year when he arrives from Triple-A Scranton/Wilkes-Barre on Saturday. Acquired with lefty pitcher Justus Sheffield for Andrew Miller from the Indians last July, the right-handed hitting outfielder will find a team crushed...

    Source: New York Post: Sports
  • Another New York Diner Turns Off the Grill, a Victim of Rising Rents
    By REMY TUMIN - Sunday Jul 16, 2017

    Cup & Saucer is closing after more than 70 years in Lower Manhattan, the latest sign that the days of the classic city diner may be numbered.

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  • Apple's Stock Down 8% Since Reaching All-Time High Last Month
    By Joe Rossignol - Monday Jun 12, 2017

    Apple shares are currently trading for around $143 after Monday's opening bell, around 3.5 percent lower than Friday's closing price of $148.98.

    Apple CEO Tim Cook at the company's Worldwide Developers Conference last week

    Apple's stock has dropped around 8 percent since reaching an all-time high of $156.10 on May 12, amid a wider downturn in the stock market. Technology stocks have been hit particularly hard, as some investment firms fear that stocks like Facebook, Amazon, Netflix, and Alphabet in particular rose too quickly.

    Japanese bank Mizuho downgraded Apple to a "hold" rating today, as analyst Abhey Lamba believes enthusiasm around the company's upcoming product cycle is "fully captured" at current levels, with limited upside to estimates from here on out. The bank lowered its AAPL price target to $150, down from $160.

    Andy Hargreaves, equity research analyst at Pacific Crest Securities, also downgraded Apple's stock last week. In a research note distributed to clients, he said excitement surrounding the so-called "iPhone 8" appeared to be "priced in," compounded by risks such as the potential for gross margin pressure.

    Wall Street analyst Brian White of Drexel Hamilton believes otherwise, calling the recent dip in Apple's stock price another buying opportunity.

    "In our view, Friday's sell-off in Apple represents yet another buying opportunity as investors turn their focus to the iPhone 8 this fall, along with the company's raised capital distribution initiative, depressed valuation, and new innovations," said White, in a research note distributed to clients on Monday.

    "We continue to believe Apple remains among the most underappreciated stocks in the world," he added.

    White said Apple shouldn't be compared to the likes of Facebook, Amazon, Netflix, and Google, jointly called FANG, as the iPhone maker's stock has significantly underperformed against its rivals over the past five years.

    "For example, the average 'FANG' stock is up 674 percent over the past five years compared to a 100 percent increase for Apple and a 84 percent rise for the S&P 500 Index," said White, in a note obtained by MacRumors. "Even Microsoft has outperformed Apple with a 175 percent increase during this time."

    White said Apple has "demonstrated resilience" through its "unique ability" to develop hardware, software, and services that work seamlessly together, despite seemingly never-ending concerns that the iPhone maker will fall victim to the missteps of consumer electronic companies of the past.


    Discuss this article in our forums

    Source: MacRumors : Mac News and Rumors
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    By LIAM STACK - Monday Jun 19, 2017

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    “Yoga mats are like cat magnets,” said an owner of Meow Parlour, one of a growing number of places offering yoga with cats.

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