Finance

Dow caps insane week with 330-point bounce

Dow caps insane week with 330-point bounce A steep dive in the final minutes of trading in the USA, shortly before the NZX opened at 10am, put the Dow into "correction" territory, down 10.3 per cent on the record it set on January 26. In Toronto, the TSX was down over 264 points at 15,065. The recent turmoil follows a prolonged period of booming stock prices with virtually no sharp declines. [Full Article...]

Yum! Brands (YUM) Price Target Lowered to $82.00 at Wells Fargo & Co

Yum! Brands (YUM) Price Target Lowered to $82.00 at Wells Fargo & Co Several institutional investors have recently made changes to their positions in the company. Brands stock in a transaction on Monday, July 3rd. The company had a trading volume of 5,090,622 shares, compared to its average volume of 1,870,000. [Full Article...]

Waymo, Uber steer themselves to surprise settlement

Waymo, Uber steer themselves to surprise settlement Uber and Waymo, a subsidiary of Alphabet / Google that specializes in autonomous auto technologies, reached an amicable agreement ending accusations of theft of patents made by the latter against the former. The case hinged on Waymo's ability to show not only that Levandowski had taken Google's private source code, but that Uber had used it improperly to catch up with rivals. [Full Article...]

Three-Newell Manufacturers says activist Starboard seeks to exchange board

Three-Newell Manufacturers says activist Starboard seeks to exchange board Newell Brands Inc ( NYSE NWL ) traded down $0.30 during trading on Friday, reaching $27.61. (NYSE:NWL) has an average volume of 9.07 Million. "Lowers Holdings in Newell Brands Inc (NYSE:NWL)" was originally posted by StockNewsTimes and is owned by of StockNewsTimes. [Full Article...]

Apollo Commercial Real Estate (ARI) Receives $18.1 Consensus Target Price

For the ongoing Fiscal Quarter, 9 analysts have an average earnings forecast of $0.11 per share. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since February 9, 2017 and is uptrending. Ares Commercial Real Estate reported earnings of $0.28 per share during the same quarter last year, which would indicate a negative year over year growth rate of 10.7%. [Full Article...]

Vanguard Small-Cap Growth ETF (VBK) Stake Raised by Guidant Wealth Advisors

Lockheed Martin Investment Management Co. trimmed its stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 15.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The exchange traded fund has 2.12 billion net assets and 1.35% volatility this month. Wells Fargo & Company MN now owns 5,030,710 shares of the exchange traded fund... [Full Article...]

IndiGo Withdraws Three A320 Neo Planes From Service Over Engine Alert

IndiGo Withdraws Three A320 Neo Planes From Service Over Engine Alert The directive came in the wake of instances of the engine's in-flight shut-downs and rejected take-offs involving A320 neo family planes, the official added. Airbus has briefed airlines and leasing companies on the problem and can not yet say how long it will take to resolve, one of the sources told Reuters on condition of anonymity. [Full Article...]

Kangana Ranaut defends 'Manikarnika' against claims of fringe groups

Kangana Ranaut defends 'Manikarnika' against claims of fringe groups Ranaut on Thursday said there was nothing controversial in the movie, adding that the controversy is being created just for the simple reason that a few people want to get famous. Since childhood, we have been studying about her and listening to the poems "Khoob Ladi Mardani Woh To Jhani Wali Rani Thee". "We are hurt that such things are being said about Rani Laxmibai". [Full Article...]

Regal Investment Advisors LLC Has $241000 Holdings in Prospect Capital Co. (PSEC)

Regal Investment Advisors LLC Has $241000 Holdings in Prospect Capital Co. (PSEC) Rhumbline Advisers increased its position in Prospect Capital by 0.3% during the 2nd quarter. The stock decreased 1.27% or $0.08 during the last trading session, reaching $6.21. Shares for $69,200 were bought by Eliasek M Grier on Monday, December 18. The shares were purchased at an average cost of $7.21 per share, with a total value of $7,166,019.00. [Full Article...]

The Alaska Air Group, Inc. (ALK) Shares Sold by Comerica Bank

Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since February 9, 2017 and is uptrending. It has underperformed by 7.39% the S&P500. Livingston Group Asset Management Southport Capital Management increased its stake in Qualcomm Inc Com (QCOM) by 21.34% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Ball (BLL) Rating Reiterated by JPMorgan Chase & Co

Edwards & Company Inc. now owns 3,881 shares of the industrial products company's stock worth $147,000 after buying an additional 1,500 shares during the last quarter. They noted that the move was a valuation call. Ball Corporation has a 12-month low of $35.65 and a 12-month high of $43.06. (NYSE:BLL) opened at $38.44 on Friday. [Full Article...]

What it Means That Stocks Are in a 'Correction — AP Q&A

What it Means That Stocks Are in a 'Correction — AP Q&A The Nasdaq composite fell 274.82 points, or 3.9 percent, to 6,777.16. The Nasdaq composite is close, but not all the way there, down 9.7 percent from its record. United States 10-year government bond yields lifted to 2.88 per cent, its highest level in four years - before falling back to 2.83 per cent. The S&P 500 fell 142.58 points, or 5.2 percent. [Full Article...]

Dow drops more than 1000 points

Dow drops more than 1000 points Within the first half-hour of trading, the Dow Jones industrial average fell as much as 567 points and then jumped as much as 367 points. Emerging market stocks lost 0.88 percent. Microsoft lost 2.3 percent. -The Bloomberg Dollar Spot index fell less than 0.05 percent. On Tuesday, the 30-stock index swung 1,167.5 points before closing 567 points higher. [Full Article...]

NVIDIA (NVDA) Issues Quarterly Earnings Results

NVIDIA (NVDA) Issues Quarterly Earnings Results About 190,368 shares traded or 32.47% up from the average. AZZ Inc. (NYSE:AZZ) has declined 1.54% since February 9, 2017 and is downtrending. It has underperformed by 5.96% the S&P500. A number of analysts have recently issued reports on NVDA shares. Moreover, Schwartz Invest Counsel Incorporated has 0.84% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 150,000 shares. [Full Article...]

UH telescope spots Elon Musk's Tesla Roadster in space

UH telescope spots Elon Musk's Tesla Roadster in space This week SpaceX launched Falcon Heavy , the most powerful operational rocket in the world . While the company was focused on building cars a year ago, Musk says Tesla is ready to significantly grow its storage business by tripling the amount of storage capacity it deploys. [Full Article...]

Elon Musk's 'Starman' Last Pic Outta This World

Elon Musk's 'Starman' Last Pic Outta This World A new milestone was made by the $ 100,000 billion red Tesla Roadster of the billionaire businessman Elon Musk , with the "Starfighter" at his wheel - a man-made doll dressed in space suit. Musk said, "I think the imagery of it is something that's going to get people excited around the world". Musk unveiled the BFR back in September a year ago but there was little concrete evidence that they w... [Full Article...]

National Retail Properties (NNN) Receiving Favorable Media Coverage, Study Shows

It has underperformed by 35.64% the S&P500. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Denver Invest Lc, a Colorado-based fund reported 27,085 shares. Stifel Nicolaus maintained National Retail Properties, Inc. Jeffrey Furber increased its stake in Retail Properties Of America Inc Cl A (R... [Full Article...]

US Stock Market Opens Higher After A Tumultuous Week

US Stock Market Opens Higher After A Tumultuous Week North American markets largely pushed higher Friday after a choppy session, capping off a tumultuous period that has seen Canada's main stock index drop more than five per cent since last week and eight per cent from its all-time high. The Dow has had two 1,000-point drops this week. The Nasdaq is down 463.79 points, or 6.4 percent. Those stocks are often seen as substitutes for bonds becaus... [Full Article...]

Pta-born Elon Musk's historic space launch

Pta-born Elon Musk's historic space launch With a development budget exceeding $10bn, and an estimated cost of $500m per launch , the SLS will be the costliest rocket ever built, however, will only be marginally more capable than SpaceX's new rocket. "The Tesla gimmick was the backup". The company said that this was largely due to a slower than expected ramp-up of the Model 3, with the full operating costs and depreciation making th... [Full Article...]

Bed Bath & Beyond (BBBY) Receiving Favorable Media Coverage, Analysis Shows

The stock decreased 4.54% or $1.03 during the last trading session, reaching $21.68. About 198,717 shares traded. Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Several equities analysts recently issued reports on BBBY shares. During the same period last year, the company posted $0.85 earnings per share. research analysts anticipate that Bed Bath ... [Full Article...]


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