Finance

Reliance Jio to tie up with Qualcomm for 4G laptops in India

Reliance Jio to tie up with Qualcomm for 4G laptops in India With JioPhone, Reliance Jio wants those people to get on to the 4G bandwagon who can not afford buying even the entry-level smartphones. The idea is to provide connectivity and portability without being dependent on a dongle or Wi-Fi network. [Full Article...]

Walmart close to buying majority stake in Flipkart, deal likely by June

Walmart close to buying majority stake in Flipkart, deal likely by June Forbes reported that an Amazon and Flipkart deal could face scrutiny from the Competition Commission of India since together Amazon and Flipkart could monopolize India's ecommerce. This would mean that Flipkart-Amazon deal, if it goes through, would also require CCI's approval as it the merged entity may affect competition. For years, Walmart tried to enter India but was confined to wholesale b... [Full Article...]

$0.16 EPS Expected for Celestica Inc. (CLS) on April, 19

About 47,751 shares traded. It has outperformed by 9.50% the S&P500. 10 are the (NYSE: CLS)'s ratings reports on April 11, 2018 according to StockzIntelligence Inc. General Dynamics Corp (NYSE:GD) was raised too. Zacks Investment Research lowered Celestica from a "hold" rating to a "strong sell" rating in a research report on Thursday, February 1st. [Full Article...]

Valero Energy Corporation (VLO)- Performance Assessment Proving Vital for Investment

The institutional investor is holding 59,400 shares, compared to the 106,900 from the previous quarter. The company has market cap of $43.23 billion. Valero Energy Corporation (VLO)'s RSI (Relative strength index) is at 67.61, its ATR (Average True Range) value is 2.54, while its Beta factor was calculated at 1.03. [Full Article...]

Chicago Aviation security officer fired over passenger dragging sues city, United Airlines

Chicago Aviation security officer fired over passenger dragging sues city, United Airlines Video footage taken by fellow passengers showing the scuffle - in which Dao suffered a broken nose and concussion, and lost two teeth - was shared online, sparking outrage worldwide. One other officer who was present was also fired, while another resigned. The infamous incident in the overbooked flight started when Dr. Dao, who was flying from Chicago to Louisville, was asked to give up his sea... [Full Article...]

Tesla booted from safety investigation into fatal Autopilot crash

Tesla booted from safety investigation into fatal Autopilot crash We have $285.91 PT which if reached, will make NASDAQ: TSLA worth $2.01B less. Invesco Limited owns 0.16% invested in Tesla , Inc. Its up 0.09, from 0.63 in 2017Q3. Quad Capital Management Advisors LLC now owns 8,000 shares of the electric vehicle producer's stock valued at $2,491,000 after acquiring an additional 4,500 shares during the last quarter. [Full Article...]

JPMorgan Chase (NYSE:JPM) is Univest Corp of Pennsylvania's 3rd Largest Position

JPMorgan Chase (NYSE:JPM) is Univest Corp of Pennsylvania's 3rd Largest Position Shares of JPM traded up $2.85 on Thursday, reaching $113.47. Keefe Bruyette & Woods maintained JPMorgan Chase & Co. Other hedge funds have also added to or reduced their stakes in the company. This represents a $2.24 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Thursday, April 5th. JPMorgan Chase's dividend payout ratio (DPR) is now 32.61%. [Full Article...]

Morgan Stanley Boosts Teck Resources (TECK) Price Target to $27.00

Teck Resources Limited ( TECK) stock was most active stock of Wall Street Market on Tuesday. EPS serves as a pointer to a company's profitability/success. Scotiabank boosted their target price on shares of Teck Resources from C$42.00 to C$43.00 and gave the company a "focus stock" rating in a research note on Friday, January 26th. [Full Article...]

Fastenal Company (FAST) to gain $57.92 in short term period

Fastenal Company (FAST) to gain $57.92 in short term period At 12:30 p.m. ET, the Dow Jones Industrial Average was down 0.33 percent at 24,328.03. Basically, the P/E ratio tells potential shareholders how much they have to pay for every $1 of earnings. The price-to-sales ratio is a symbol of the value placed on each dollar of a company's sales or taxes. The price/earnings ratio (P/E) is 26.56 and the forward P/E ratio stands at 18.66. [Full Article...]

Is The Boeing Company (NYSE:BA) Fairly Valued?

Is The Boeing Company (NYSE:BA) Fairly Valued? About 2.87M shares traded. Scripps Networks Interactive, Inc. Since April 12, 2017 BA has risen 82.35% and is uptrending. It has underperformed by 0.21% the S&P500. The Virginia-based Thompson Davis has invested 1.68% in Amazon.com, Inc. Nordea Invest Ab holds 0.01% or 45,448 shares in its portfolio. Bb&T has 61,165 shares for 0.34% of their portfolio. [Full Article...]

Bed Bath & Beyond Shares Tumble on Disappointing Guidance

Bed Bath & Beyond Shares Tumble on Disappointing Guidance The rating was maintained by Wedbush on Wednesday , December 23 with "Neutral". The rating was maintained by Robert W. Baird on Tuesday, October 31 with "Hold". The company, which is valued at $3.16B, last published its earnings results on Wednesday , 12/20/2017 for the quarter that ended in February. BBBY is an expert in home furnishings and domestic merchandise such as kitchen textiles, be... [Full Article...]

Ottawa looks to ensure Trans Mountain expansion

Ottawa looks to ensure Trans Mountain expansion The dispute has pitted Alberta and the federal government - which support the project - against the B.C. government, which has argued it has some jurisdiction over the proposed pipeline expansion. It has set a deadline of May 31 for talks with various stakeholders to reach an agreement that could allow the project to proceed. It would be a much faster way of answering legal questions over jurisd... [Full Article...]

Facebook to send Cambridge Analytica data-use notices Monday

Facebook to send Cambridge Analytica data-use notices Monday The content of the testimony mirrors that of the statements he made during his US Senate panel appearance. We are sticking with our wide-moat rating and $198 fair value estimate for Facebook. Facebook has been consumed by turmoil for almost a month, since it came to light that millions of users' personal information was wrongly harvested from the social network by Cambridge Analytica , a ... [Full Article...]

MSFT) — Microsoft Corporation (NASDAQ

Violich Capital Management Inc who had been investing in Visa Inc Cl A for a number of months, seems to be bullish on the $270.33 billion market cap company. The legal version of this report can be viewed at https://theenterpriseleader.com/2018/04/12/microsoft-co-msft-shares-sold-by-lafleur-godfrey-llc.html. [Full Article...]

BlackRock, Inc. (BLK) Beats Estimates In Spite Of Declining ETF Flows

BlackRock, Inc. (BLK) Beats Estimates In Spite Of Declining ETF Flows About 625,574 shares traded. It has underperformed by 25.48% the S&P500. The stock of BlackRock , Inc. (NYSE: BLK ) or 43,333 shs. The stock decreased 1.66% or $8.87 during the last trading session, reaching $525.09. (NYSE: BLK ) traded down 0.32% during midday trading on Tuesday, reaching $373.98. (NYSE: BLK ). Private Wealth Ptnrs Ltd Com reported 9,253 shs. Farmers Comml Bank reported 0.14% ... [Full Article...]

Government directs fuel firms not to hike retail petrol, diesel prices

Shares of Indian Oil Corp Ltd fall almost 5 per cent to Rs 159 to hit their lowest since December 2016. Since 2014, the central government has continued to reap the benefits of the oil price crash, but crude prices are boiling as the government gears up for elections in 2019. [Full Article...]

Stock market index drops by nearly two points

Stock market index drops by nearly two points The three main U.S. indexes opened lower on Wednesday on heightened concerns over a row between the United States and Russian Federation over military action in Syria. Facebook shares jumped as Zuckerberg spoke, closing up 4.5 percent in NY trading. The provider of enterprise software late Wednesday said it had priced its initial public offering above the expected range (http://www.marketwatc... [Full Article...]

Delta shares rise after airline beats expectations despite profit crunch

Delta shares rise after airline beats expectations despite profit crunch It dropped, as 54 investors sold DAL shares while 267 reduced holdings. Ingalls & Snyder Llc decreased Ishares Tr (IYM) stake by 4,710 shares to 5,310 valued at $543,000 in 2017Q4. Imperial Capital reaffirmed an "in-line" rating and set a $52.00 price target on shares of Delta Air Lines in a research report on Friday, December 23rd. [Full Article...]

Spotify and Hulu launch joint subscripton plan

Spotify and Hulu launch joint subscripton plan Spotify did not immediately respond to PCMag's request for comment, but Bloomberg says the company is expected to announce these changes in the next few weeks. "Hulu's TV content is highly acclaimed, and with this exclusive Spotify offer we are bundling two top media platforms for an unbeatable price", Spotify's Chief Premium Business Officer Alex Norstrom said in a statement. [Full Article...]

Park Circle Co Increased Hsbc Hldgs Plc (HSBC) Stake as Shares Declined

Waddell & Reed Financial, Inc. NuVasive, Inc. (NASDAQ:NUVA) has declined 32.39% since April 11, 2017 and is downtrending. It has outperformed by 7.21% the S&P500. Finally, Deutsche Bank AG set a GBX 270 ($3.37) price objective on shares of Barclays PLC and gave the company a "buy" rating in a report on Monday, January 16th. [Full Article...]


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