Finance
Asia markets track NY rally ahead of next Fed meeting
Traders moved to the sidelines ahead of tomorrow's interest rate decision from the Federal Reserve . FED WATCH: Investors are looking ahead to this week's Fed policy meeting for indications on the timing of the next rate hike and when the Fed might start shrinking its multitrillion-dollar stockpile of bonds. [Full Article...]
Auckland, New Zealand ops disrupted over fuel shortages
A pipeline breach, apparently caused by an errant digger working on a rural property, has forced the cancellation of dozens of flights since Sunday , with knock-on effects across the country. "One pipeline, one digger, and New Zealand grinds to a halt", Ardern told reporters Tuesday. "There is inevitably a timelag but the assurance I have been given is that Auckland City will not run out of f... [Full Article...]
The Walt Disney Company (DIS)
The stock had opened the regular trading at $98.39 and managed a -0.43% price change to reach $98.1 through the close. About 578,969 shares traded. It has underperformed by 3.14% the S&P500. Us Savings Bank De reported 0.01% of its portfolio in Albemarle Corporation (NYSE:ALB). 36 were accumulated by Delta Asset Mgmt Tn. Infinera Corp (Prn) was raised too. [Full Article...]
Koshinski Asset Management Inc. Reduces Stake in CVS Health Corporation (CVS)
BidaskClub downgraded CVS Health Corporation from a "hold" rating to a "sell" rating in a research note on Friday, August 25th. About shares traded. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . It increased, as 10 investors sold BRKL shares while 58 reduced holdings. [Full Article...]
Equifax data breach results in C-Level resignations
September 16-Two senior Equifax executives are retiring from the company effective immediately, the company said Friday, as an explosive cyber security breach rocks the Atlanta-based credit bureau. The two senators, Republican Bill Cassidy and Democrat Sherrod Brown, said they were concerned that personal information maintained by the Social Security Administration may also be at risk because the ... [Full Article...]
Bed Bath & Beyond Inc. (NASDAQ:BBBY) Seeing Rampant Activity Today
The Gfs Advisors Llc holds 1.30M shares with $6.72 million value, up from 1.18 million last quarter. About 3.75 million shares traded. Swiss National Bank lifted its position in shares of Bed Bath & Beyond Inc. Mutual Of America Cap Mngmt Ltd Com holds 0.01% or 19,417 shares in its portfolio. Utah Retirement System holds 0.03% of its portfolio in Bed Bath & Beyond Inc. [Full Article...]
Eldorado Gold Corporation (EGO) Downgraded to Strong Sell at Zacks Investment Research
On July 31 the stock rating was downgraded from "Outperform" to "Sector Perform" in an announcement from Credit Suisse. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. [Full Article...]
Toys R Us Files for Bankruptcy Protection
The company filed Chapter 11 documents late Monday in U.S. Bankruptcy Court in Richmond, Virginia and says its Canadian subsidiary plans to seek protection in parallel proceedings under the Companies' Creditors Arrangement Act in the Ontario Superior Court of Justice. [Full Article...]
Fiat Chrysler recalling 494417 Ram trucks for safety issue, 46000 in Canada
According to FCA's statement, the company is recalling 443,712 medium and heavy duty trucks in the USA, 46,220 trucks in Canada, and another 4,485 trucks world-wide. Dealers will replace the water pump at a later date. The company is not aware of any injuries associated with the issue, but has had reports of small fires occurring. [Full Article...]
FedEx Corporation (FDX) Shares Bought by Cornerstone Investment Partners LLC
The major exception is the company's One Rate plan, which will increase by 3.5% on the start of 2018. Shares of the Memphis, Tennessee-based company, often considered a bellwether for the US economy as are those of rival United Parcel Service Inc, dipped more than 2 percent in after-hours trading. [Full Article...]
Equifax says 100000 Canadians likely affected by data breach
According to Equifax, on Jul. 28 its security team noticed suspicious traffic on its US online dispute portal web application and blocked the traffic the same day. "The depth and breadth of the Equifax data breach is alarming", Rothman said. The Atlanta-based company is under fire from regulators, lawmakers and others for its handling of the May hack, which potentially exposed personal informati... [Full Article...]
Amazon Customers Are Getting Weird Emails About Baby Registries They Don't Have
No matter - "A gift is on its way", the email read, adding that customers could go to Amazon's site to see what had been purchased for them. You can visit your Thank You List to easily keep track of all gifts purchased. But Recode writer Arik Hesseldahl noted in a tweet that the email appeared to come from Amazon itself and argued the email was more likely a result of human error than a hacking at... [Full Article...]
Wall Street's bond gurus have it all wrong as QE unwind looms
MSCI's index of world stocks was last up 0.2 percent and hit an intraday record high of 487.07. In his address to the United Nations General Assembly, President Donald Trump warned the USA could "destroy" North Korea if it was forced to take action to defend itself or its allies. [Full Article...]
Frontier adding four more destinations in 2018 to Colorado Springs schedule
Frontier resumed service to the Springs in April 2016 after a three-year absence. The Denver-based airline will offer service from Charleston to Denver and Philadelphia on Tuesday, Thursday and Sunday starting February 20 and to Chicago O'Hare Airport on Monday and Friday starting May 11, according to the Charleston Post and Courier . [Full Article...]
Earnings Analysis Of Precision Drilling Corporation (PDS)
As per Friday, July 22, the company rating was maintained by RBC Capital Markets. Citigroup Inc. began coverage on shares of Precision Drilling Corporation in a research note on Wednesday, December 14th. If you are reading this news story on another domain, it was illegally copied and republished in violation of US & worldwide trademark and copyright law. [Full Article...]
Here's Why Nvidia (NVDA) Stock Is Gaining Again
TB Alternative Assets Ltd. bought a new position in NVIDIA Corporation in the 2nd quarter valued at approximately $116,000. $434,980 worth of NVIDIA Corporation (NASDAQ: NVDA ) was sold by SEAWELL A BROOKE on Wednesday, May 24. The average 1-year price target for (IRM) reveals an average price target of $37.83 per share. The PEG ratio is used to determine a stock's value while taking the compa... [Full Article...]
NBA Teams Lost Money in 2016-17
Of course, teams in big markets like the Lakers , Knicks , Bulls , etc. are able to pull in way more money than smaller market teams like the Bucks , Grizzlies , Jazz , etc., and mainly because of local TV deals. Combined revenue from all 30 teams determines the salary cap, and the biggest teams make the most money - and therefore drag the cap up for everyone else. [Full Article...]
What's Boosted Simon Property Group's Dividend Yield
It is down 18.56% since September 18, 2016 and is downtrending. It has outperformed by 21.92% the S&P500. Next Financial Group, Inc grew its stake by buying 74 shares an increase of 17.4%. After $1.46 actual earnings per share reported by Praxair, Inc. for the previous quarter, Wall Street now forecasts -0.68% negative EPS growth. Blair William & Il has invested 0.01% in Simon Property Group Inc (... [Full Article...]
Cerner Corporation (NASDAQ:CERN) Traded 8.7% Above Its 50 Day Moving Average
Morgan Stanley downgraded the stock to "Equal-Weight" rating in Tuesday, September 12 report. Ibm Retirement Fund reported 0.06% in Cerner Corporation (NASDAQ: CERN ). Looking into last 5 trades, the stock observed a return of nearly 3.07%. The shares were sold at an average price of $62.03, for a total transaction of $7,326,549.39. [Full Article...]
Insider Activity for Investors: Synchrony Financial (SYF)
The stock increased 0.35% or $0.16 on September 8, reaching $45.83. Synchrony Financial (NYSE:SYF) ended its day at $28.55 with the rising stream of -1.75% and its total traded volume was 8.53 million shares more than the average volume. [Full Article...]