Finance


Trump to sign executive order Tuesday on infrastructure projects Trump to sign executive order Tuesday on infrastructure projects
- August 19, 2017

Critics say there's danger in streamlining the reviews. President Obama wanted public buildings in danger of being flooded to be set 2-3 feet higher than the previous flood elevation. The Trump administration has said it plans to release a legislative package by this fall to meet the president's pledge to invest $1 trillion to upgrade USA infrastructure. (more...)
U.S. stocks recede as Trump's policy agenda at risk of crumbling U.S. stocks recede as Trump's policy agenda at risk of crumbling
- August 19, 2017

It was only the fourth session this year in which the S&P lost more than 1 percent in a day. This was compounded after the White House said the president's advisory council on infrastructure "will not move forward". ET, a 10 basis point drop from the high point early Wednesday. Small-cap stocks also sold off. The Dow began to drop on Thursday as reports that the ex-Wall Street man was planning to resign started to circulate. (more...)
Stock Roaring Upward Mid-Session: Ross Stores, Inc. (NASDAQ:ROST) Stock Roaring Upward Mid-Session: Ross Stores, Inc. (NASDAQ:ROST)
- August 19, 2017

Comml Bank Of America Corp De holds 55 shares or 0% of its portfolio. About 35,497 shares traded. It has underperformed by 16.70% the S&P500. ROST's strong comps were driven by increases in both traffic and average basket size, reflecting what TJX's report also indicated : the discount retailing business model remains robust despite the rise of e-commerce and the broader decline in retailers such as Macy's (M) and Kohl's ( KSS ). (more...)
India's Nifty reclaims 9900; Infosys climbs on buyback plan India's Nifty reclaims 9900; Infosys climbs on buyback plan
- August 19, 2017

It fell by almost Rs 31,400 crore as per the Friday's intraday low of Rs 884.4 per share on BSE . Intra-day, it had even hit a 52-week low, but then recovered somewhat. During the session, it shuttled between 9,783.65 and 9,865.95. The IT sub-index of NSE closed 1.29 per cent higher. This is markets' sixth weekly rise in seven. (more...)
Crude Oil Drifting Lower By The Day Crude Oil Drifting Lower By The Day
- August 18, 2017

Oil prices dropped below $30 per barrel past year under the dual strains of robust US crude oil production and a strategy from the Organization of Petroleum Exporting Countries to defend their market share with more oil. Oil also saw weakness on the SPR news. Ole Hanson, the head of commodity strategy at Saxo Bank, said in an emailed newsletter crude oil prices have lost ground since June and the possibility that crude oil prices move much higher than $50 per barrel is unlikely because OPEC ... (more...)
Home Depot Reported Better-than-Expected Q2 Financial Results Home Depot Reported Better-than-Expected Q2 Financial Results
- August 17, 2017

Tjx Cos Inc New now has $44.73 billion valuation. The stock's dividend yield was 2.31% at Monday's closing price. About 814,413 shares traded. About shares traded. Cutler Counsel Ltd owns 68,555 shares. Montag A And Assoc reported 83,546 shares. At the end of Mar reporting period, 784 institutional holders increased their position in The Home Depot, Inc . (more...)
What is Amazon Instant Pickup and how does it work? What is Amazon Instant Pickup and how does it work?
- August 17, 2017

The online retail giant reported on Tuesday that it's rolled out several so-called Instant Pickup Points in the USA -vending-style kiosks where shoppers can retrieve items minutes after ordering them online. But this well, you'll be able to save some money and time standing in lines. Brittain Ladd, a supply chain consultant who has previously worked at Amazon , suggests that the firm may build a network of automated warehouses that serve both Amazon and Whole Foods . (more...)
'Game Of Thrones': The Cold's Snow Picnic For A Hatless Kit Harrington
- August 17, 2017

And now IKEA are cashing in big time, after releasing special, detailed instructions on how to turn their rugs into epic capes. Earlier this month, Quartz was the first to report that the HBO series " Game of Thrones " was using Ikea rugs as costumes for the Night's Watch, soldiers tasked with defending the show's fictional kingdoms from zombie armies and other threats. (more...)
It's Not Just Amazon — Dick's Sporting Goods It's Not Just Amazon — Dick's Sporting Goods
- August 16, 2017

Maxim Group initiated coverage on Interpace Diagnostics Group with a Buy rating. Dicks Sporting Goods Inc (NYSE: DKS ) has declined 1.35% since August 15, 2016 and is downtrending. The stock is a Buy among 4 brokerage firms polled by Factset Research. Its up 0.31, from 0.9 in 2016Q3. 93 funds opened positions while 238 raised stakes. (more...)
Magellan Midstream Partners LP (NYSE:MMP): Negative Stock Sentiment Magellan Midstream Partners LP (NYSE:MMP): Negative Stock Sentiment
- August 16, 2017

The Firm enables enterprises, service providers, governmental organizations, and partners to envision, deploy and evolve their information technology (IT) environments. This is an increase from Cone Midstream Partners's previous quarterly dividend of $0.28. Friedberg Inv has invested 4.4% in Magellan Midstream Partners, L.P. (more...)
Essentra PLC (ESNT) Given Add Rating at Peel Hunt Essentra PLC (ESNT) Given Add Rating at Peel Hunt
- August 15, 2017

The rating was maintained by Jefferies on Thursday, March 2 with "Buy". The firm earned "Buy" rating on Monday, January 9 by Peel Hunt. Carmignac Gestion holds 0.08% of its portfolio in AA PLC (LON:AA) for 369,999 shares. The stock of Playtech PLC (LON:PTEC) earned "Buy" rating by UBS on Monday, January 9. Its down 0.21, from 1.57 in 2016Q3. It increased, as 52 investors sold BDX shares while 352 reduced holdings. (more...)
UK Expected To Unveil Post-Brexit NI Border Plan This Week UK Expected To Unveil Post-Brexit NI Border Plan This Week
- August 14, 2017

Supposedly he was looking for a compromise to keep Britain within the customs union and single market as long as possible. "The DUP has been discussing these matters with the government for some time and we support the concept of maintaining a common travel area between the United Kingdom and Irish Republic and share the government's view that modern technology can help with monitoring the movement of goods across the border in the event of the UK reaching a new free trade and customs ... (more...)
North Korea Tensions Hit Global Stock Markets North Korea Tensions Hit Global Stock Markets
- August 14, 2017

And when the S&P 500 breaks a streak of 50+ trading days without a 1%+ up move, the index actually averages a decline over the next month and a gain of just 0.86% over the next three months. That is significant because yields fall when bond prices rise. The index was also dragged lower after Beijing ordered probes into three major Chinese social networking platforms over outlawed content. (more...)
Analysts Set Serco Group plc (SRP) Price Target at $136.92 Analysts Set Serco Group plc (SRP) Price Target at $136.92
- August 12, 2017

Numis Securities has "Buy" rating and GBX 125 target. The firm has "Neutral" rating given on Tuesday, January 3 by Mizuho. The firm has "Buy" rating given on Tuesday, October 6 by N+1 Singer. A reading between 0 and -20 would point to an overbought situation. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, February 11. (more...)
Toshiba Shares Jump on Auditor Sign-Off Toshiba Shares Jump on Auditor Sign-Off
- August 12, 2017

There had been growing worries that Toshiba might not make Thursday's deadline to supply financial statements for the year ending March as it had been at odds with auditors over multi-billion-dollar losses at Westinghouse. This could put Toshiba back in jeopardy. PwC and Toshiba declined to comment. "It's true that issues related to antitrust laws are hard, it is difficult", Tsunakawa said. (more...)
Magellan Midstream Partners LP
- August 12, 2017

Cushing Asset Management Lp increased Enable Midstream Partners Lp (ENBL) stake by 185.49% reported in 2016Q4 SEC filing. The company posted earnings of $193.63 M for the period. Since March 31, 2017, it had 0 insider purchases, and 1 sale for $76,526 activity. The shares were sold at an average price of $75.00, for a total transaction of $600,000.00. (more...)
Mother who prompted MA Amber Alert to face charges Mother who prompted MA Amber Alert to face charges
- August 11, 2017

Both tested positive for elevated levels of carbon monoxide at the hospital, Pashou said. A MA woman is facing attempted murder charges after apparently kidnapping her daughter and attempting to kill both the girl and herself. The toddler, whose name is Ella, was taken to UMASS Medical Center, where she is reported as "doing well". The correct charges against Leeann Rickheit are as yet hazy as state and neighborhood police explore. (more...)
IMI plc (LON:IMI) has analysts on the Bullish side this week IMI plc (LON:IMI) has analysts on the Bullish side this week
- August 11, 2017

LEVINSON ARTHUR D sold 35,000 shares worth $5.39 million. At And T Inc now has $240.14 billion valuation. Neely Rick sold $1,168 worth of stock. About 1.38 million shares traded or 77.08% up from the average. The firm has "Neutral" rating given on Thursday, September 24 by Macquarie Research. The stock of Universal Health Services, Inc. RBC Capital Markets maintained it with "Buy" rating and $16800 target in Monday, June 26 report. (more...)
Chicago to sue Trump Justice Dept. over funding threat, mayor says Chicago to sue Trump Justice Dept. over funding threat, mayor says
- August 08, 2017

Emanuel is suing because he says new rules for a federal crime-fighting grant go against the Constitution and the city's values. A 161-page report by the Department of Justice released January 13 concluded that the department must embrace community policing as "a core philosophy" in order to end officers' routine violations of the civil rights of residents by using excessive force caused by poor training and nonexistent supervision. (more...)
Toyota, Mazda to build $1.6B plant in US Toyota, Mazda to build $1.6B plant in US
- August 05, 2017

A new Mazda SUV crossover will also be made at the new United States factory, with the two companies hoping production will begin in 2021. When it comes to technology collaboration, Mazda and Toyota say they will jointly develop electric cars. (more...)
Michael Alan Spencer Acquires 419169 Shares of NEX Group PLC (NXG) Stock Michael Alan Spencer Acquires 419169 Shares of NEX Group PLC (NXG) Stock
- August 04, 2017

The firm earned "Underperform" rating on Friday, July 21 by Credit Suisse. The firm earned "Sell" rating on Friday, January 8 by Canaccord Genuity. The company was maintained on Wednesday, September 14 by Goldman Sachs. $544,810 worth of stock was sold by McKay John D on Monday, June 5. The company was maintained on Tuesday, December 6 by Peel Hunt. 49 Consolidated Edison, Inc. (more...)
Qatar Airways drops bid to buy stake in American Qatar Airways drops bid to buy stake in American
- August 03, 2017

In a statement on Wednesday, Qatar said, "Further review of the proposed financial investment, taking into account the latest public disclosure of American Airlines , has demonstrated that the investment no longer meets our objectives". However, in another twist late on Wednesday (2 August), Qatar Airways said it was reversing its decision to build a stake in the U.S. carrier. A Qatar Airways plane is pictured. (more...)
RBI cuts key lending rates by 25 basis points RBI cuts key lending rates by 25 basis points
- August 03, 2017

The actual rate of home loan interest can be equal to the MCLR or have a "markup" or "spread" but can never be lower than the MCLR. Under the current scenario, an industry official said that banks with surplus liquidity would have to first take a decision on a reduction in deposit rates, which will bring down their average cost of funds. (more...)
Reserve Bank of Australia holds at record low 1.5% as expected Reserve Bank of Australia holds at record low 1.5% as expected
- August 03, 2017

Central bankers all around the world are in a Machiavellian-style battle to keep their own currencies lower in order to boost competitiveness and inflation , while avoiding a Keynesian liquidity trap where monetary policy via lower rates fails to stimulate demand as intended. (more...)
Explorer sales rose 12.9 percent in July Explorer sales rose 12.9 percent in July
- August 03, 2017

After seven years of US auto sales growth, this year's persistent slump - and anxiety over upheavals from electrification, autonomy and mobility services - has investors shunning automakers as benchmark stock indexes graze record highs. Ford also cut fleet sales by 26 percent, and had to stop sales of its Transit commercial van for a few weeks for a recall. Sales of mid-size cars are expected to fall 14.5 percent in July, compared to a year ago, and compact sedans to fall 10.6 percent, USA ... (more...)
It's official: Bitcoin is splitting in two It's official: Bitcoin is splitting in two
- August 02, 2017

This was demonstrated on Tuesday when Bitcoin , the oldest decentralised currency, faced a hard fork . Following months of speculation and shifts in sentiment towards the various protocols proposed by members of the Bitcoin community with most to lose, judgement day has finally arrived as the Bitcoin world prepares for the launch of Bitcoin Cash . (more...)
Wisconsin used full-court press to win $10 billion Foxconn project Wisconsin used full-court press to win $10 billion Foxconn project
- July 31, 2017

President Donald Trump is holding a press conference to announce a major development in his vow to bring jobs back to American soil. Trump's plans for health care and tax cuts face an uncertain future in Congress, and his administration is bogged down by an investigation into Russia's possible ties with his presidential campaign. (more...)
AK Steel Holding Corporation (AKS): Start Paying Attention to Revised Ratings AK Steel Holding Corporation (AKS): Start Paying Attention to Revised Ratings
- July 30, 2017

P.R. Herzig & Co. News headlines about Timken Steel Corporation (NYSE:TMST) have trended positive this week, Accern Sentiment reports. The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 and -15.49. During the trading day, the stock price fluctuated between $5.94 and $6.18. The stock was acquired at an average price of $19.96 per share, for a total transaction of $199,600.00. (more...)
Iranians: US Navy ship fired warning flares in Persian Gulf Iranians: US Navy ship fired warning flares in Persian Gulf
- July 30, 2017

According to the press release, the incident happened Friday afternoon between the aircraft carrier Nimitz and the ships accompanying it with a side and frigates, iranian-equipped missiles of the other. The vessel belonged to the Revolutionary Guard, the statement said, adding that it stopped its unsafe approach after the warning shots were fired. In a similar incident on Tuesday, the USS Thunderbolt fired warning shots at Iranian navy boats operating in the Persian Gulf. (more...)
Tesla is focused on Model 3 production challenges at launch Tesla is focused on Model 3 production challenges at launch
- July 30, 2017

After showing the clip, Musk said the Volvo is arguably the second safest vehicle in the world, since the Model 3 took less damage in the same crash test. "We are going to go through at least six months of manufacturing hell", he said. Tesla is looking to ramp up production quickly between now and the end of 2017, with 5,000 vehicles rolling off the assembly each week by December. (more...)
FDA Proposes Less Nicotine In Cigarettes To Fight Addiction FDA Proposes Less Nicotine In Cigarettes To Fight Addiction
- July 29, 2017

The FDA has had the power since 2009 to regulate nicotine levels but hasn't done so. "We are well prepared and look forward to participating in a thorough process to develop a comprehensive plan for tobacco and nicotine regulation". US smoking rates have been falling for decades. There are obstacles to the plan, however, including figuring out to deal with the people now addicted to nicotine and finding the best ways to prevent people from smoking far more cigarettes in order to get the ... (more...)
Japan Imposes Emergency Tariffs On Imports Of US Frozen Beef Japan Imposes Emergency Tariffs On Imports Of US Frozen Beef
- July 29, 2017

Finance Minister Taro Aso said the government is going to explain the move to the U.S. and other countries. Tariffs on frozen beef from the affected regions will be raised from the current 38.5 percent to 50 percent from August 1, 2017 to March 31, 2018, according to the government. (more...)
Twitter adds no users in Q2 Twitter adds no users in Q2
- July 28, 2017

In the third quarter, Twitter expects adjusted earnings before interest, tax, depreciation, and amortization of $130 million to $150 million, but the company has a long way to go to convince investors that it has found a path to sustainable long-term growth. (more...)
Brexit: EU-UK freedom of movement to end by March 2019 Brexit: EU-UK freedom of movement to end by March 2019
- July 28, 2017

There were also indications that after Brexit , EU citizens will be subject to similar immigration rules applicable to Indians and other non-EU citizens; such as work permit. However questions have been raised on why it has taken until now to commission an assessment on one of the central issues of Brexit. An entirely new immigration system, set by British lawmakers, will be in place in April 2019, a spokesperson said. (more...)
Stifel Nicolaus Begins Coverage on Blue Apron Holdings Inc (APRN) Stifel Nicolaus Begins Coverage on Blue Apron Holdings Inc (APRN)
- July 25, 2017

One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. They issued an "outperform" rating and a $10.00 target price for the company. While that leads to "overinvestment", driving up the cost of customer acquisition and creating "considerable volatility", nevertheless, Terry sees Blue Apron "maintaining its lead in a larger category with more rational economics". (more...)
Stocks close at record high, Nifty nears 10000 Stocks close at record high, Nifty nears 10000
- July 25, 2017

The 50-share NSE Nifty advanced 24.05 points, or 0.24 percent, to scale lifetime high of 9,939.30. It touched a record intra-day high of 32,320.86 points. However, Dr. Reddy's Laboratories (down 1.09 per cent), Vedanta (down 0.89 per cent), Asian Paints (down 0.72 per cent) and Tata Steel (down 0.65 per cent) were trading in red. (more...)
US Amazon investigation probes misleading price discounts US Amazon investigation probes misleading price discounts
- July 22, 2017

Consumer Watchdog's analysis of 1,000 products on Amazon found that 61 percent of the products were listed at prices that were higher than Amazon had ever actually sold them - essentially making it seem like customers were getting a great deal when there was actually no deal. (more...)
Donald Trump At White House Event, Glass Manufacturing Back To US Donald Trump At White House Event, Glass Manufacturing Back To US
- July 22, 2017

According to White House officials, the partnership will drive significant United States manufacturing and job creation, investing $4bn and creating more than 4,000 new high-tech jobs for Americans in the coming years. "All of this is made possible by our great customers like Merck and Pfizer and the strong support of the Administration, the Office of American Innovation, and the FDA's Emerging Technology Team ", he said in a statement . (more...)
Amazon Alexa is finally coming to Android Amazon Alexa is finally coming to Android
- July 22, 2017

Amazon already offers a separate Alexa app, which has about 5 million downloads on Google's Play Store , but the shopping service's flagship app now sits somewhere between 100 and 500 million. The Amazon app has previously featured basic voice commands for adding items to your cart, searching for products throughout Amazon, and tracking previous orders. (more...)
Audi will recall 850000 diesel cars concerning update of emissions software
- July 22, 2017

BMW and Daimler similarly declined to comment. It didn't elaborate on a possible follow-up probe on auto technology, saying it can't comment on ongoing investigations. They need the fuel to have a chance at meeting increasingly tightening environmental targets. It comes amid a sweeping investigation of automakers and their emissions after Volkswagen admitted to systematic cheating of diesel engine tests in 2015 to meet climate change rules that aim to reduce pollution. (more...)
Sen. John McCain diagnosed with malignant brain tumor Sen. John McCain diagnosed with malignant brain tumor
- July 21, 2017

Subsequent tissue pathology revealed that a tumor known as glioblastoma was found to be associated with that that blood clot. Glioblastomas are tumours that arise from astrocytes, the star-shaped cells that make up the supportive tissues of the brain, according to American Brain Tumour Association. (more...)
Listen To Tyler, The Creator's New Track Listen To Tyler, The Creator's New Track "I Ain't Got Time!"
- July 21, 2017

Tyler, The Creator is about to deliver his highly-anticipated Flower Boy album , which is slated to drop tomorrow (July 21), but fans have been getting a taste of the excitement over the past couple of weeks. The song finds the former Odd Future leader showing a little more lyrical dexterity this time around, as he spits a fierce delivery over an energetic, chopped up beat. (more...)
DOJ takes down dark net marketplace DOJ takes down dark net marketplace
- July 21, 2017

The takedown of AlphaBay coincided with efforts by Dutch law enforcement to dismantle another prominent dark web market called Hansa Market , which was also used to sell illegal drugs, malware, and counterfeit ID documents. Dark web users, meanwhile, were rattled by the sting, advising each other to change their passwords as soon as possible, and spreading paranoid warnings of a possible "backdoor" into dark net markets. (more...)
BHP hits record iron ore production in WA BHP hits record iron ore production in WA
- July 20, 2017

Australia-based mining group BHP Billiton has reported a 10% decline in natural gas production in the 12-month period from July 2016 to June 2017 to 668bn ft (1.83bn ft/d), mainly due to a decline in United States shale gas production, but also because of the divestment of Pakistan upstream gas business. (more...)
Audi ad likening women to used cars in China backfires Audi ad likening women to used cars in China backfires
- July 20, 2017

The woman aggressively pinches the bride's nose, ears and lips before her son pulls her off the bride. But all is not well as the mother-in-law casts her eyes down to the bride's breasts, forcing her to try and hide them with her hands. That spot opens as a man on a beach starts to tell his girlfriend he loves her. Michael Wilkes, Audi's head of corporate communications in China, said the advert was produced by the used vehicle division of parent company Volkswagen's joint venture in China. (more...)
United Kingdom raises pension age from 67 to 68 starting in 2037 United Kingdom raises pension age from 67 to 68 starting in 2037
- July 20, 2017

The change will affect everyone born between 6 April 1970 and 5 April 1978, who under current legislation had been due to retire at 67. Legislators must approve the change before it becomes law. But it will gradually increase to 67 by 2029, according to the OECD. To put it simply, people are living a lot longer but the age at which they receive the state pension has barely moved in over a century. (more...)
Beyoncé's waxwork figure looks nothing like Beyoncé Beyoncé's waxwork figure looks nothing like Beyoncé
- July 20, 2017

The Kylie cosmetics entrepreneur follows in the footsteps of sisters Kim Kardashian West and Kendall Jenner , as well as brother-in-law Kanye West - all of whom have wax figures at the popular institution. "Our talented team of sculptors takes every effort to ensure we accurately colour match all of our wax figures to the celebrity being depicted". Another added: 'Kylie Jenner posting that wax figure of herself on snapchat, I couldnt even tell until I turned the volume up'. (more...)
Sasikala bribegate: HS Revanna replaces D Roopa as DIG Bengaluru Sasikala bribegate: HS Revanna replaces D Roopa as DIG Bengaluru
- July 19, 2017

The government also transferred four other senior IPS officers along with Roopa. She alleged that flouting all norms, the prison authorities are providing Sasikala food from a special kitchen for her exclusive use. Whereas Karnataka Chief Minister Siddaramaiah while talking to media asserted that it is an administrative process and it is not necessary to disclose everything to the media. (more...)
GOP Health Care Plan Draws Mixed Reaction From Governors GOP Health Care Plan Draws Mixed Reaction From Governors
- July 19, 2017

Two more Republican senators have defected against the chamber's healthcare bill, leaving the measure without enough votes to move forward-at least for now. The resulting mix left neither side completely satisfied. And all of this would happening against a backdrop of deep cuts to Medicaid, as the federal government yanked back the money that's made it possible for 31 states and the District of Columbia to widen eligibility for the program. (more...)
Cowboys Players' Dog Returned After Brief 'Kidnapping' Cowboys Players' Dog Returned After Brief 'Kidnapping'
- July 19, 2017

Moreover, who steals a dog and then demands a ransom? When 105.3 the Fan's Mike Fisher caught wind of the video, he immediately shared it with Whitehead to confirm that the dog in the video was in fact Blitz . The WR then made an Instagram account in Blitz's name, and there are now more than 5,000 followers. According to the report, Whitehead refused to cut a a check for $10,000 but agreed to pay cash after making sure the dog was OK. (more...)

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