Finance

This pension fund is now worth $1 trillion

This pension fund is now worth $1 trillion A strong stock market rally throughout the world coupled with the strengthening of global currencies versus the USA dollar helped the fund achieve this milestone. The fund is among the world's biggest investors in stocks, owning $667 billion worth of shares in over 9,000 companies globally. The value of Norway's sovereign-wealth fund hit $1 trillion on Tuesday, according to Norges Bank Investmen... [Full Article...]

Teva Pharmaceutical Industries (NYSE:TEVA) Sees Significantly Higher Trading Volume

On August 7 Barclays maintained a company rating of "Equal-Weight" and lowered the price expectation to $23.00 from $46.00. BidaskClub lowered shares of Teva Pharmaceutical Industries Limited from a sell rating to a strong sell rating in a research report on Wednesday, August 16th. [Full Article...]

Equifax says 100000 Canadians may be impacted by cyberattack

Equifax says 100000 Canadians may be impacted by cyberattack The personal information of 143 million Americans would have been appropriated, as well as those of an unspecified number of Canadians and British. At the time, it noted cyber criminals also gained access to "limited personal information for certain United Kingdom and Canadian residents". [Full Article...]

Uber's Fees will jump if License in London is Renewed

Uber's Fees will jump if License in London is Renewed Uber's is due to be renewed at the end of September and the transport operator has been facing mounting pressure over the matter. And there have been calls, including by politicians, to strip Uber of its license in London. "The total projected cost for licensing, enforcement and compliance for the taxi and private hire trades over the next five years is £209M", it adds. [Full Article...]

Cereal maker Post buying Bob Evans Farms in $1.53B deal

Cereal maker Post buying Bob Evans Farms in $1.53B deal KB Financial Group, Inc. It has underperformed by 13.69% the S&P500. Bob Evans Farms (NASDAQ: BOBE ) traded up 1.10% during mid-day trading on Thursday, hitting $70.53. More interesting news about Bob Evans Farms Inc (NASDAQ:BOBE) were released by: Nasdaq.com and their article: "Bob Evans Farms, Inc". Bob Evans Farms updated its FY18 guidance to $2.10-2.30 EPS. [Full Article...]

Sprint shares gain 8% on renewed speculation of merger talk with T

Sprint shares gain 8% on renewed speculation of merger talk with T Chairman of Sprint-owner SoftBank, Masayoshi Son, and Deutsche Telekom Chief Executive Tim Hoettges, which owns T-Mobile, told investors following the hold to expect talk of industry consolidation, and T-Mobile said it expected to be involved. [Full Article...]

World Stocks Reach New Peak as Fed-Focused Week Begins

Forecasters expect the Fed to leave rates unchanged and stick to plans to raise rates in December. But after the Great Recession, the Fed massively expanded that portfolio - from USA treasuries into mortgage-backed securities and the like - to shore up the financial system, put a floor under the recession, and try to stimulate the economy. [Full Article...]

Mystery over euros being flushed down toilets at UBS branch in Geneva

Mystery over euros being flushed down toilets at UBS branch in Geneva Prosecutor's office spokesman Henri Della Casa confirmed Friday's report in the Tribune de Geneve , saying the shredded notes were once worth tens of thousands of euros in total. "We are not so interested in the motive but we want to be sure of the origin of the money", spokesman Vincent Derouand said, adding that neither throwing money away nor blocking a toilet was a crime. [Full Article...]

European Stocks Called Lower as Global Investors Approach Fed Meeting

European Stocks Called Lower as Global Investors Approach Fed Meeting Yellen has politely dodged questions about whether she would stay for a second term, if renominated. While the Fed's expected announcement of the trimming of its balance sheet has been well telegraphed, investors will look for any Fed reveal on its preference for shorter- or longer-dated bonds when it reinvests a portion of its maturing assets. [Full Article...]

European Shares Seen Unchanged Ahead Of Central Bank Meetings

European Shares Seen Unchanged Ahead Of Central Bank Meetings Here's why you should stay alert - and be ready to respond. The dollar hovered near an eight-week high against the yen on Tuesday , supported as U.S. The effects are likely to dampen US economic growth in the third quarter and boost gross domestic product in the fourth quarter. "Only the third (current) quarter will be hurt". [Full Article...]

Adidas just dealt another major blow to Nike

Adidas just dealt another major blow to Nike On Monday, Darren Rovell of ESPN.com reported the NPD Group announced Adidas passed Jordan brand for the second spot behind Nike. "I've never seen a brand in the sneaker industry grow this fast", NPD analyst Matt Powell said, per Rovell. [Full Article...]

Tesla, Inc. (NASDAQ:TSLA) Stock Traded Above Its 50 Day Average

Tesla, Inc. (NASDAQ:TSLA) Stock Traded Above Its 50 Day Average In the last three months, insiders sold 53,946 shares of company stock valued at $18,481,047. Commonwealth Bank of Australia boosted its holdings in shares of Tesla by 8.5% during the 2nd quarter. Eight research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have given a buy rating to the company's stock. [Full Article...]

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) closed with a change of 0

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) closed with a change of 0 Vanguard Group Inc. now owns 69,985,653 shares of the pharmacy operator's stock valued at $5,480,577,000 after purchasing an additional 1,926,108 shares during the period. COPYRIGHT VIOLATION WARNING: "Needham & Company LLC Reaffirms "Buy" Rating for Walgreens Boots Alliance, Inc ". The firm's 50-day moving average is $81.26 and its 200 day moving average is $81.99. [Full Article...]

Neville Rodie & Shaw Inc. Cuts Stake in Colgate-Palmolive Company (CL)

CL's total short interest was 4.80 million shares in September as published by FINRA. In the market the company is trading up by 0.19%% since yesterday's close of 72.14. 17,613 were reported by Geneva Advsrs Ltd Limited Liability Company. Tiedemann Wealth Mgmt Lc holds 0.05% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 6,942 shares. [Full Article...]

Teekay Offshore Partners LP (TOO) Earns Daily Media Sentiment Rating of 0.15

California Pub Employees Retirement owns 0% invested in Teekay Offshore Partners L.P. (NYSE: TOO ) for 76,300 shares. OppenheimerFunds Inc. now owns 5,011,817 shares of the shipping company's stock valued at $87,958,000 after buying an additional 105,400 shares in the last quarter. [Full Article...]

The Crown's John Lithgow wins first Emmy Award of the night

The Crown's John Lithgow wins first Emmy Award of the night Saturday Night Live star Kate McKinnon was next awarded best supporting actress in a comedy series. Actress, Limited Series or Movie: Nicole Kidman, "Big Little Lies". His father, Arthur Lithgow, was the artistic director of the McCarter Theatre in Paterson, N.J. for almost a decade during John's teenage years. Sarandon was unable to clinch the award, which would have been her first Emmy . [Full Article...]

Average Brokerage Rating Of Devon Energy Corporation (DVN), Parsley Energy, Inc. (PE)

Keefe Bruyette & Woods maintained it with "Buy" rating and $1900 target in Friday, July 21 report. The stock of Devon Energy Corp (NYSE: DVN ) earned "Buy" rating by RBC Capital Markets on Thursday, August 24. Investors with a record date on early Fri, Dec 15th will be paid a $0.06 dividend. this indicates a $0.24 annual dividend and a payout of of 0.71%. Its up 0.03, from 0.89 in 2016Q3. [Full Article...]

USA stocks close higher ahead of Fed meeting

USA stocks close higher ahead of Fed meeting The major stock indexes were supported by gains in financial companies (+1.1%), which rose with bond yields, while the utilities sector (-1%) was the day's biggest loser. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. At 1448 BST, the Dow Jones Industrials Average was up by 0.27% or 61.85 points at 22,331, while the S&P 500 was adding 0.28% or 6.98... [Full Article...]

Cabot Oil & Gas Corp (COG) Reaches Active Mover List

Vice President, Marketing disclosed the sale of 11,918 shares of ( COG ). Tocqueville Asset Limited Partnership reported 60,689 shares. The company has market cap of $8.99 billion. Blackrock holds 0.03% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 1.02M shares. Suntrust Banks holds 0.01% or 25,652 shares. Cabot Oil & Gas Corporation is an independent gas and oil firm engaged in... [Full Article...]

Trump hits back at Clinton, with a golf ball, on Twitter

Trump hits back at Clinton, with a golf ball, on Twitter What would Fox News have been if they didn't have Hillary Clinton through the years to beat up on? "And usually we don't need it". The comment, a remarkable step for the former Democratic nominee, exemplifies Clinton's belief that President Donald Trump and his campaign could have knowingly received help from Russian operatives in the 2016 election. [Full Article...]


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