Money


De Blasio cruises to victory in Democratic mayoral primary De Blasio cruises to victory in Democratic mayoral primary
- September 13, 2017

Mayor de Blasio easily won the Democratic nomination for mayor Tuesday - but few even bothered to vote. Journal reports. He has been serving as the borough's acting district attorney. In 2005, 18% of registered active Democrats turned out in a primary won by Fernando Ferrer, who earned 40% of the vote. Albanese, a self-described "underdog" has long acknowledged the difficulty of unseating an incumbent, but repeatedly said he remained in the race to give voters an alternative to de Blasio's ... (more...)
US Transportation Secretary in MI to Announce Self-Driving Vehicle Safetey Guidelines US Transportation Secretary in MI to Announce Self-Driving Vehicle Safetey Guidelines
- September 13, 2017

Instead, they're created to clarify what vehicle developers and states should consider as more test cars reach public roads. "In addition to safety", Chao said, "ADS technology offers important social benefits by improving access to transportation, independence and quality of life for those who can not drive because of illness, advanced age or disability". (more...)
Rockport business among three being sued for price gouging Rockport business among three being sued for price gouging
- September 13, 2017

The attorney general's office has also sued Bains Brothers , which owns fuel stations in the Dallas-Fort Worth region, for allegedly charging $6.99 for a gallon of unleaded gasoline on August 31. The signs at those stations still displayed prices in the $3 to $4 range while charging the higher price, according to the attorney general's office. (more...)
JPMorgan's Dimon calls bitcoin a 'fraud' JPMorgan's Dimon calls bitcoin a 'fraud'
- September 13, 2017

JPMorgan's Chief Executive Officer, who previously served on the Board of Directors of the Federal Reserve Bank in NY, compared bitcoin to the "Tulip Mania" economic bubble that swept Holland in the 17 Century, Bloomberg first reported . The supply of bitcoin is meant to be limited to 21 million, but there are clones of the virtual currency in circulation which have made the market for it more volatile. (more...)
Marathon Oil Stock Remained Flat Last Week Marathon Oil Stock Remained Flat Last Week
- September 13, 2017

The company had a trading volume of 8,551,556 shares. Marathon Oil Corporation ( MRO ) has made its way to a 12-month decline of -26.68%. Sir Capital Management Lp decreased Marathon Pete Corp ( MPC ) stake by 51.95% reported in 2016Q4 SEC filing. (more...)
SC erases early deficit, beats Missouri 31-13 SC erases early deficit, beats Missouri 31-13
- September 13, 2017

That's a pretty nice situation. For the second straight week, Samuel returned a kickoff 97 yards for a touchdown, helping SC erase an early deficit and beat Missouri 31-13 on Saturday night in the Southeastern Conference opener for both teams. (more...)
Amazon's Price Cuts at Whole Foods Increased Customers by 25 Percent Amazon's Price Cuts at Whole Foods Increased Customers by 25 Percent
- September 13, 2017

Some products at Whole Foods were up to 43% cheaper after the acquisition. The company has thus had niche customers. According to the Wall Street Journal , many Whole Foods employees mentioned that they have observed higher sales since the acquisition. (more...)
Bank of America Stock: How Many Years Will It Take to Double?
- September 13, 2017

Bank of America Corporation has a 1 year low of $14.81 and a 1 year high of $25.80. the share has a company valuation of $244.98 B, a price to earnings ratio of 13.874 along with a stock beta of 1.26. The average 1-year price target for Bank of America Corporation (BAC ) - averaging the work of different analysts - reveals a mean PT of $27/share. (more...)
Champion of marriage equality dies at 88 Champion of marriage equality dies at 88
- September 13, 2017

A decade after the 2003 Supreme Court case of Lawrence v. Texas decriminalized gay sex in the United States, Windsor became one face of a revolutionary push for equality for the LGBTQ community. Windsor told the assembled reporters that the case marked "the beginning of the end of stigma, of lying about who we are". Windsor was born in Philadelphia in 1929. (more...)
India's factory output grows 1.2% in July India's factory output grows 1.2% in July
- September 13, 2017

The general Index for the month of July 2017 stands at 118.2, which is 1.2% as compared to the level in the month of July 2016. The August inflation number is the highest since March 2017, when it was recorded at 3.89 per cent. As per Use-based classification, growth rates in July 2017 over July 2016 are 2.3% in Primary goods, negative 1% in Capital goods, (-) 1.8% in Intermediate goods and 3.7% in Infrastructure/ Construction Goods. (more...)
Eagle Global Advisors LLC Lowers Holdings in Coca-Cola Company (The) (KO) Eagle Global Advisors LLC Lowers Holdings in Coca-Cola Company (The) (KO)
- September 13, 2017

It has underperformed by 17.65% the S&P500. Ativo Capital Management Llc decreased Synopsys Inc (SNPS) stake by 11.78% reported in 2016Q4 SEC filing. Vestor Ltd Liability holds 1.13% or 102,909 shares in its portfolio. Burt Wealth has invested 0.26% in The Coca-Cola Co (NYSE:KO). New Jersey Better Educational Savings reported 0.87% of its portfolio in The Coca-Cola Co (NYSE:KO). (more...)
Analyst Opinion Summary: Patterson-UTI Energy, Inc. (PTEN), Ceragon Networks Ltd. (CRNT)
- September 13, 2017

Patterson-UTI Energy, Inc. earnings have declined with an annualized rate of -25% over the last 5 years. The stock rose 0.67% or $0.06 reaching $9. Patterson-UTI Energy (NASDAQ: PTEN ) last issued its earnings results on Thursday, July 27th. (more...)
Inflation jumps to its highest level since Brexit in August Inflation jumps to its highest level since Brexit in August
- September 13, 2017

Mining and electricity sectors however grew at robust 4.8% and 6.5% respectively in July. The core inflation rate increased to 2.7% from 2.4% previously and compared with consensus forecasts of 2.5% while the RPI inflation rate increased to 3.9% from 3.6% in July. (more...)
Stock On Top of Chikou Twenty-First Century Fox Inc (FOXA) — Momentum Focus
- September 13, 2017

The original version of this story can be accessed at https://www.dispatchtribunal.com/2017/09/12/brokerages-anticipate-twenty-first-century-fox-inc-foxa-to-announce-0-50-earnings-per-share.html. "(FOX) Stake Lessened by State of Tennessee Treasury Department" was posted by Week Herald and is owned by of Week Herald. (NASDAQ:INWK). Minnesota-based Perkins Cap Mngmt Inc has invested 0.27% in InnerWorkings, Inc. (more...)
FedEx Corporation (FDX) Shares Bought by Pennsylvania Trust Co
- September 13, 2017

Balasa Dinverno Foltz Ltd Liability invested in 1,195 shares or 0.04% of the stock. Following the completion of the sale, the director now directly owns 3,610 shares in the company, valued at approximately $779,940.50. Finally, J P Morgan Chase & Co reissued an "overweight" rating and issued a $237.00 target price on shares of FedEx Corporation in a research report on Wednesday, June 21st. (more...)
Home Depot, Inc. (The) (NYSE:HD) Experiences Heavy Trading Volume Home Depot, Inc. (The) (NYSE:HD) Experiences Heavy Trading Volume
- September 12, 2017

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Koshinski Asset Management, Inc. owns 9,634 shares worth $1,477,846,000. Following the completion of the sale, the executive vice president now owns 62,483 shares of the company's stock, valued at approximately $9,816,079.30. (more...)
India Inflation Accelerates For Second Straight Month India Inflation Accelerates For Second Straight Month
- September 12, 2017

On a monthly basis, consumer prices grew 0.6% in August, just above the 0.5% gain expected by economists. The house price index climbed 5.1% year-over-year in July, the same rate of rise as in June, which was revised up from a 4.9% increase reported earlier. (more...)
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...)