Heico Corp (HEI) is the Barchart Chart of the Day. The aircraft engine company has a Trend Spotter buy signal, a Weighted Alpha of 22.00+ and gained 26.67% in the last 6 months.
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NEW YORK (AP) — U.S. stocks are inching lower Thursday afternoon after big gains over the last two days. Chemicals companies are down the most, while utilities and phone companies are rising as bond yields slip. Retailers including Dollar Tree and Costco, which have been pummeled in recent weeks, traded higher after strong earnings reports. (full story)
TOKYO (AP) — Faced with mounting costs from a global recall of air bags, Japanese supplier Takata Corp. has hired the advisory firm Lazard to engineer a restructuring of its finances, likely with the help of some of its biggest customers. (full story)