Money


NetApp, Google partner to offer hybrid cloud data services NetApp, Google partner to offer hybrid cloud data services
- May 10, 2018

Google plans to buy the small enterprise startup Velostrata as the search giant continues growing its cloud computing business. Partner Interconnect is a new product in the Google Cloud Interconnect family. This includes deployments in Equinix IBX data centers in the Americas (Atlanta, Chicago, Dallas, Los Angeles, New York, São Paulo, Silicon Valley, Seattle, Toronto, Washington, D.C.), EMEA (Amsterdam, Frankfurt, London, Munich, Stockholm) and APAC (Hong Kong, Osaka, Singapore, Sydney, ... (more...)
Warren Buffett 'Disciple' Palihapitiya Bullish on Bitcoin, Despite Mentor's Animosity Warren Buffett 'Disciple' Palihapitiya Bullish on Bitcoin, Despite Mentor's Animosity
- May 10, 2018

According to CCN , he said the system is a "joke", likening that to putting some value to checks just because they are used to transmit money. In addition to criticism from influencers like Bill Gates and Warren Buffett, multiple governments have come forward with hesitance and concern regarding the influence of cryptocurrency and the effects that it might have on the markets at large. (more...)
JPMorgan Chase's (JPM) Buy Rating Reiterated at Jefferies Group
- May 10, 2018

The hedge funds in our database now own: 207,578 shares, down from 227,289 shares in 2017Q3. Sold All: 1 Reduced: 3 Increased: 1 New Position: 0. Rampart Investment Management Company Llc increased its stake in Jpmorgan Chase & Co ( JPM ) by 9.36% based on its latest 2017Q4 regulatory filing with the SEC. (more...)
Petroleo Brasileiro SA Petrobras (PBR) Shares Gap Down to $13.67
- May 10, 2018

A stock's Average True Range ( ATR ) is the difference between the high and low price on any given day. A statistical measure of the dispersion of returns ( volatility ) for EXPD producing salvation in Investors mouth, it has week volatility of 3.55% and for the month booked as 2.29%. (more...)
Salesforce.com (CRM) CEO Marc Benioff Sells 5000 Shares
- May 10, 2018

At current levels, salesforce.com, inc. (NYSE: CRM ) reached all time high today, May, 9 and still has $141.41 target or 9.00 % above today's $129.73 share price. Vetr raised Salesforce.com from a "sell" rating to a "hold" rating and set a $130.00 price objective for the company in a report on Thursday, March 8th. (more...)
IBM and Red Hat extend partnership in hybrid cloud push IBM and Red Hat extend partnership in hybrid cloud push
- May 10, 2018

The developers will also connect faster, and with enhanced security, between Azure and on-premises OpenShift clusters with hybrid networking. Red Hat president Paul Cormier pointed out that several organizations often have a mixture of on-premises and public cloud footprint for their IT operations. (more...)
Iran April oil exports surge ahead of possible United States sanctions Iran April oil exports surge ahead of possible United States sanctions
- May 10, 2018

First, Oil Minister Bijan Zanganeh said over the weekend that Iran was all for a "reasonable" oil price, suggesting the current price level is unreasonable and the result of "manufactured tensions". Iran's previous highest post-sanctions crude exports were 2.44 million b/d in October 2016, the report said. Analysts warned that the deepening economic crisis in major oil exporter Venezuela threatened to further crimp its production and exports. (more...)
China sentences Anbang's ex-boss to 18 years in jail China sentences Anbang's ex-boss to 18 years in jail
- May 10, 2018

The verdict from a Shanghai court also said Wu will be deprived of his political rights for four years, 10.5 billion yuan ($1.7 billion) of his assets will be confiscated, and any illegal gains will be retrieved, according to Xinhua . The company boasted of extensive ties to China's Communist Party, and Wu himself is married to the granddaughter of Deng Xiaoping, China's former paramount leader. (more...)
Worth Observing Stocks: Bank of America Corporation (BAC), General Electric Company (GE)
- May 10, 2018

The stock outperformed the S&P500 by 16.63%. Oppenheimer & Co has 0.67% invested in Bank of America Corporation (NYSE: BAC ) for 883,626 shares. According to a filing the Dupont Capital Management Corp's stake in Athene Holding Ltd Class A was increased by 96,500 shares to 122,100 shares valued at $6.31M in 2017Q4. (more...)
$0.71 Earnings Per Share Expected for Intel (INTC) This Quarter
- May 10, 2018

The company was maintained on Friday, January 26 by SunTrust. As per Thursday, July 2, the company rating was maintained by UBS. The firm has "Hold" rating given on Friday, April 27 by Stifel Nicolaus. The Oil & Gas segment offers construction, maintenance, and lifecycle extension services to the midstream markets. It has change of 0.01, from 2017Q3's 1.03. (more...)
Qualcomm's Snapdragon 710, Snapdragon 730 specifications leak ahead of release Qualcomm's Snapdragon 710, Snapdragon 730 specifications leak ahead of release
- May 10, 2018

Talking about the specifications leaked today, 710 is an octa-core processor and has high-end dual-core CPU cluster (Kryo 3xx 2.2GHz 256KB L2) and hexa-core low-end CPU cluster (1.7GHz Kryo 3xx 128GB L2 +1 MB L3). In the photography department, the chipset can support a 32-megapixel camera thanks to the latest Spectra 250 ISP. For charging and data transfer, there is support for USB 3.1 Type-C and USB 2.0. (more...)
Australian Government Budgets $500k for Blockchain Research Australian Government Budgets $500k for Blockchain Research
- May 10, 2018

The Budget also includes a $41 million space agency and investment program, $4.5 million in new measures to encourage girls and women to pursue STEM education and careers, and a $29.9 million research initiative on Artificial Intelligence and Machine Learning. (more...)
What Are Analysts Report About PPL Corporation (PPL)
- May 10, 2018

New York State Teachers Retirement System owned 0.14% of PPL worth $28,428,000 as of its most recent SEC filing. Calton & Associates Inc. bought a new position in shares of PPL in the 4th quarter worth about $156,000. Gam Ag has invested 0.02% of its portfolio in PPL Corporation (NYSE:PPL). PPL's payout ratio is 72.89%. A number of analysts have commented on the stock. (more...)
Entercom Communications (ETM) Upgraded to Hold at ValuEngine Entercom Communications (ETM) Upgraded to Hold at ValuEngine
- May 10, 2018

Entercom Communications had 5 analyst reports since August 18, 2015 according to SRatingsIntel. Zacks Investment Research upgraded shares of Entercom Communications from a strong sell rating to a hold rating in a research note on Thursday, January 18th. (more...)
Can Amgen Inc. (NASDAQ:AMGN) Grab Upward Traction?
- May 10, 2018

In related news, EVP Sean E. Harper sold 1,525 shares of Amgen stock in a transaction that occurred on Wednesday, February 14th. Insiders have sold 4,575 shares of company stock valued at $818,330 in the last three months. On Wednesday, January 24 the stock rating was maintained by JP Morgan with "Neutral". The company was maintained on Friday, February 2 by Credit Suisse. (more...)
How Analysts Rated Independent Oil and Gas plc (LON:IOG) Last Week?
- May 10, 2018

Over the last full year, shares have moved 21.54%. Investors who attempt to beat the market without creating a plan may find themselves grasping at straws down the line. Peel Hunt restated a "buy" rating and set a GBX 510 ($6.92) price target on shares of Nostrum Oil & Gas in a research report on Monday, February 19th. (more...)
LLC Boosts Stake in Occidental Petroleum (OXY)
- May 10, 2018

The firm has a market capitalization of $59,138.34, a price-to-earnings ratio of 87.31, a PEG ratio of 3.84 and a beta of 0.60. OXY traded at an unexpectedly low level on 04/05/2018 when the stock experienced a 0.54% gain to a closing price of $77.71. (more...)
Green Plains Partners (GPP) Rating Lowered to Hold at Roth Capital
- May 10, 2018

The stock of Green Plains Partners LP (NASDAQ: GPP ) earned "Buy" rating by RBC Capital Markets on Sunday, August 13. However a year ago for the same quarter the company has reported $-0.09 EPS. Raymond James Financial Services Advisors Inc. now owns 33,076 shares of the transportation company's stock worth $619,000 after purchasing an additional 6,073 shares in the last quarter. (more...)
DE Buys 40026 Shares of Materials Select Sector SPDR (XLB)
- May 10, 2018

Assetmark Inc. now owns 187,003 shares of the company's stock valued at $4,866,000 after acquiring an additional 7,763 shares in the last quarter. Following recent action, shares have changed 1.41% over the last 5 trading periods. The ADX measures the strength or weakness of a particular trend. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. (more...)
Wendy's (NASDAQ:WEN) Given New $20.00 Price Target at Stifel Nicolaus
- May 10, 2018

In the first quarter of 2018 the Company had 33 global restaurant openings, with a slight decrease in net new unit growth . During the same quarter in the previous year, the firm earned $0.08 EPS. MAY PETER W sold 5.00 million shares worth $82.50M. Following the completion of the sale, the director now directly owns 1,371,835 shares in the company, valued at approximately $23,513,251.90. (more...)

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