Money


Flinton Capital Management LLC Boosts Stake in Wells Fargo & Company Flinton Capital Management LLC Boosts Stake in Wells Fargo & Company
- September 12, 2017

The company has a market capitalization of $251.47 billion, a PE ratio of 12.48 and a beta of 0.96. About 1.13M shares traded. Rafferty downgraded Wells Fargo & Co (NYSE:WFC) rating on Wednesday, April 12. Wells Fargo remains in hot water with customers and politicians over its fake accounts scandal after revealing two weeks ago that possibly a million more customers were affected than earlier estimated. (more...)
Analysts Expect Knight Transportation, Inc
- September 12, 2017

Knight Transportation, Inc . has had 3 insider trades in the last 3 months, including 0 open market buys and 3 sells. The firm is scheduled to report its next earnings results on Wednesday, October 25th. Carlson sold 3,000 shares of the business's stock in a transaction dated Monday, August 14th. The 6 months bullish chart indicates low risk for the $3.23 billion company. (more...)
Stock Highlights on Whiting Petroleum Corp (WLL) Stock Highlights on Whiting Petroleum Corp (WLL)
- September 13, 2017

Edmond De Rothschild Holding S.a. now holds 2,446,300 shares with a value of $13,479,000. Whiting Petroleum Corporation reported sales of $129.23 million during the same quarter last year, which suggests a positive year-over-year growth rate of 161.3%. (more...)
Hurricane Jose to turn a half-loop in Atlantic Hurricane Jose to turn a half-loop in Atlantic
- September 13, 2017

Another hurricane , named Jose, has already strengthened to an "extremely risky category 4 " storm, the National Hurricane Center said on Friday. Although Miami is likely to escape a direct strike from Irma , the hurricane is tracking up Florida's west coast, it has still faced extensive damage. (more...)
Sociedad Quimica y Minera SA (NYSE:SQM) Plans Dividend of $0.38
- September 13, 2017

A number of other institutional investors also recently added to or reduced their stakes in the business. Among 7 analysts covering Sociedad Quimica y Minera de Chile (NYSE: SQM ), 2 have Buy rating , 0 Sell and 5 Hold. The basic materials company reported $0.38 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.01. The company had revenue of $505.70 million during the quarter, compared to the consensus estimate of $500.49 million. (more...)
India August YoY consumer price inflation up 3.36% India August YoY consumer price inflation up 3.36%
- September 12, 2017

The ONS added: "The increase in clothing price inflation may be partly associated with the lagged response to the depreciation of sterling during 2016 as supply contracts with overseas producers may now be renewed on different terms". "They rely on the individuals or companies they are lending to repaying their debts, and because we haven't yet experienced a full normal market cycle while the P2P market has been up and running, it is hard to quantify the effect of this added risk". (more...)
Analyst Stock Recommendations For JetBlue Airways Corporation (JBLU), Frank's International NV (FI)
- September 12, 2017

The company's P/E ratio is 9.84 and the market value is 6.37B. The lowest price the stock reached in the last trading day was $18.86 and compares with the $16.81 52-week low. Institutional owners hold 88.60% stake while Insiders ownership held at 0.30% in the company. Pimco Etf Tr (BOND) was reduced too. Beta values for the above stocks are 0.63, 0.11, 1.40. (more...)
Abbott Laboratories (ABT) Trades at 52-Week High
- September 12, 2017

Sawgrass Asset Management Llc sold 9,925 shares as Abbott Labs Com ( ABT)'s stock declined 3.42%. Yearley Douglas C. Jr. had sold 10,000 shares worth $385,029 on Friday, June 2. Bluefin Trading Limited Liability holds 0.03% or 13,199 shares. Abbott Laboratories (NYSE: ABT ) last issued its earnings results on Thursday, July 20th. (more...)
Chipotle Mexican Grill Downgraded, Price Target Reduced at Cowen
- September 12, 2017

Barclays Capital maintained Chipotle Mexican Grill, Inc . Tufton Capital Management has an ownership of 804 stocks of the restaurant operator's shares valued at $335,000 following acquiring an extra 10 stocks in the previous period. Caisse De Depot Et Placement Du Quebec holds 0% or 3,853 shares in its portfolio. Since April 10, 2017, it had 0 buys, and 6 insider sales for $24.46 million activity. (more...)
130 tonne 'monster fatberg' discovered in London sewer 130 tonne 'monster fatberg' discovered in London sewer
- September 12, 2017

The discovery dwarfs the "bus-sized" fatberg uncovered in Kingston in 2013 which tipped the scales at 15 tonnes. " It's frustrating as these situations are totally avoidable and caused by fat, oil and grease being washed down sinks and wipes flushed down the loo [toilet ]". (more...)
Investigators release findings on Tesla Autopilot crash Investigators release findings on Tesla Autopilot crash
- September 12, 2017

Tesla had told Model S owners the automated systems should only be used on limited-access highways, which are primarily interstates. The NTSB is also expected to find that Tesla could have taken additional steps to prevent the system's misuse and fault the driver of the Tesla. (more...)
Cuba evacuates 700000 as Hurricane Irma nears Cuba evacuates 700000 as Hurricane Irma nears
- September 12, 2017

Thomas Cook has sent 18 members of its "Special Assistance Team" to Cuba and the Dominican Republic to help thousands of its customers as Hurricane Irma is expected to hit the islands today. The Independent reports that video footage taken of the move showed the veterinarians and trainers attempting to soothe the dolphins while wrapping them in the towels. (more...)
U.S. poverty rate falls, median income rises in 2016 -Census U.S. poverty rate falls, median income rises in 2016 -Census
- September 12, 2017

During that same period, the USA poverty rate decreased from 13.5 percent to 12.7 percent, meaning that 2.5 million fewer people were living in poverty in 2016 as compared to 2015. The U.S. poverty rate varies depending on household. For the second year in a row, median income rose for households headed by Hispanics, non-Hispanic whites and blacks. (more...)
Mnuchin: No Tax Cut for the Wealthy Mnuchin: No Tax Cut for the Wealthy
- September 12, 2017

Mnuchin said. "Ideally, he'd like to get it down to 15 percent". Republicans across the board want to lower the corporate rate, which is now 35 percent, as part of tax reform. Instead, the administration says it is focused on cutting income taxes for the middle class and businesses. No plan or legislation has been released by Congress or the White House yet, but Mr. (more...)
FCA warns on cryptocurrency fundraising as Bitcoin soars FCA warns on cryptocurrency fundraising as Bitcoin soars
- September 12, 2017

The FCA has warned that investors in a cryptocurrency fundraising mechanism should be prepared to lose their entire stake as Bitcoin trades at record highs, nearly quintupling year to date. "Each promoter needs to consider whether their activities amount to regulated activities under the relevant law", it said. 'Some ICOs feature parallels with initial public offerings (IPOs), private placement of securities, crowdfunding or even collective investment schemes. (more...)
Tobam Buys 147028 Shares of Alexion Pharmaceuticals, Inc. (ALXN) Tobam Buys 147028 Shares of Alexion Pharmaceuticals, Inc. (ALXN)
- September 12, 2017

It is positive, as 59 investors sold ALXN shares while 167 reduced holdings. Alexion Pharmaceuticals Inc now has $31.51 billion valuation. Morgan Stanley now owns 585,482 shares of the biopharmaceutical company's stock valued at $70,983,000 after acquiring an additional 309,299 shares during the period. (more...)
Photos show island paradises are now disaster areas after Irma Photos show island paradises are now disaster areas after Irma
- September 12, 2017

Irma first hit the islands called the Florida Keys early Sunday , when the storm was at its greatest strength. "We're all in the same boat here", he said, identifying himself only as John from Fort Myers. Then, there's the lone model taking the storm through The Bahamas before making another Florida landfall. 11Alive StormTracker Chesley McNeil said Irma will look different in Georgia than it did in Florida. (more...)
Analysts Near-Term outlook: Regeneron Pharmaceuticals, Inc. (REGN), Occidental Petroleum Corporation (OXY)
- September 12, 2017

The firm has "Outperform" rating by Credit Suisse given on Tuesday, March 14. During the trading on 09/11/2017, Company's stock ranged from $441.52 to $454.99. Jefferies downgraded the stock to "Hold" rating in Tuesday, January 12 report. The firm earned "Hold" rating on Thursday, August 10 by Piper Jaffray. (more...)
NZ dollar falls as greenback recovers with weakening Irma NZ dollar falls as greenback recovers with weakening Irma
- September 12, 2017

Action Economics said that they don't expect dollar buying to sustain, seeing it will be more offered than bid in the days ahead as markets assess the economic damage being wrought by Hurricane Irma. The pan-European STOXX 600 index jumped to a one-month peak as insurers made further headway and basic resources and financials joined in the rally. (more...)
Government intervenes in Bombardier row Government intervenes in Bombardier row
- September 12, 2017

The request, made in a call with the president on September 5, came as her government seeks to protect jobs at a Bombardier plant in Belfast, Northern Ireland. Our priority is to encourage Boeing to drop its case and seek a negotiated settlement with Bombardier". Boeing argue that Bombardier have engaged in "price dumping", having sold 75 of their planes for nearly $14m (£10.6m) under their cost price. (more...)