Money


Maria forecast to intensify to Category 4 'dangerous major hurricane' Maria forecast to intensify to Category 4 'dangerous major hurricane'
- September 19, 2017

Satellite imagery from NOAA shows Hurricane Jose, along the U.S. East Coast, and Hurricane Maria , in the Atlantic Ocean near the Leeward Islands. Hurricane Hugo killed five people in Puerto Rico in 1989, and Hurricane Georges caused more than $1.7 billion in damage to the island in 1998. (more...)
Trading Watch: Shares of Twenty-First Century Fox Inc (FOX) Noted Over Chikou Trading Watch: Shares of Twenty-First Century Fox Inc (FOX) Noted Over Chikou
- September 19, 2017

For FOXA , the company now has $6.16 Billion of cash on the books, which is offset by $457 Million current liabilities. Hsbc Hldg Public Ltd owns 0.13% invested in Twenty-First Century Fox Inc (NASDAQ:FOX) for 2.11 million shares. KeyCorp reiterated a "buy" rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. (more...)
United States stocks open higher; Dow, S&P 500 hit records
- September 19, 2017

Caterpillar's 1.8% rise was the biggest boost on the Dow while the S&P and the Nasdaq were lifted by Nvidia's 3.6% increase. Even though the Fed's about to reduce their balance sheet, you continue to have incredibly aggressive monetary policy. (more...)
SEBI allows REITs, InvITs to raise debt capital SEBI allows REITs, InvITs to raise debt capital
- September 19, 2017

SEBI has allowed Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to raise funds by issuing debt securities. Sebi also allowed "strategic investors" like registered scheduled commercial bank, NBFC and global multilateral financial institutions to participate in the public issues of REITs. (more...)
North Korea's nuke program won't end until 'equilibrium of real force' achieved North Korea's nuke program won't end until 'equilibrium of real force' achieved
- September 19, 2017

The conversation was initiated by Japan . Democratic People's Republic of Korea ( DPRK ) Supreme Leader Kim Jong-un promised the Korea's People Army will continue refining its ballistic missile and nuclear deterrent capabilities until Pyongyang can fully match the power of the United States military, APA reports quoting KNCA. (more...)
Feds investigating top Equifax executives' stock trading Feds investigating top Equifax executives' stock trading
- September 19, 2017

EFX says the March breach was not related to the hack that exposed the personal and financial data on 143M US consumers, but Bloomberg says the breaches may have involved the same intruders. The stock sales themselves are not enough to find them guilty of insider trading, despite the timing. LawNewz.com reached out to Equifax for comment and will update should they respond. (more...)
Cisco's Executive Chairman Chambers not to seek re-election Cisco's Executive Chairman Chambers not to seek re-election
- September 19, 2017

Chambers, who lead the networking gear maker for two decades as its chief executive, became the executive chairman in July 2015. Software and subscription deferred revenue is now more than $5 billion, Robbins said during the company's last earnings presentation. (more...)
Woman demands removal of decorative cotton item at Hobby Lobby Woman demands removal of decorative cotton item at Hobby Lobby
- September 19, 2017

A Facebook post taking Hobby Lobby to task for a display that included cotton plants is igniting its own controversy. The post has since been shared nearly 15,000 times, has 69,000 reactions and 158,000 comments, many of which are defending the display. (more...)
Three things to watch at this week's Federal Reserve meeting
- September 19, 2017

Hong Kong's Hang Seng rose 1.2 percent to HK$28,159, while Shanghai's Composite increased by 0.2 percent to CN¥3,362.86. U.S. stocks eked out modest gains on Friday as geopolitical worries ebbed and disappointing data on retail sales, industrial output and consumer sentiment dimmed expectations for an interest rate increase by the Federal Reserve this year. (more...)
Vipshop Holdings Ltd (VIPS) Could Go to $18.1
- September 19, 2017

FIL Ltd now owns 10,425,936 shares of the company's stock valued at $116,458,000 after buying an additional 2,719,909 shares during the period. FMR LLC raised its stake in shares of Vipshop Holdings Limited by 52.0% during the first quarter. (more...)
Itron to buy Silver Spring to boost smart grid presence Itron to buy Silver Spring to boost smart grid presence
- September 19, 2017

JMP Securities initiated coverage on shares of Silver Spring Networks in a research report on Friday, January 13th. The mean target price as estimated by the analysts for the company has been recorded at $14.00. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. Raj Vaswani, Co-Founder disclosed the sale of 15,687 shares of ( SSNI ). (more...)
Campbell Soup Company (NYSE:CPB) Shorts Up 19.03% - Currently Trading Up
- September 19, 2017

It has underperformed by 29.52% the S&P500. Nokia Oyj (ADR) (NOK) formed multiple top with $6.38 target or 6.00% above today's $6.02 share price. Baidu Inc Spon Adr Rep A now has $81.56 billion valuation. 105 funds opened positions while 439 raised stakes. The overall volume in the last trading session was 3.91 million shares. Cetera Advisor Ntwk Ltd Liability Corp owns 6,544 shares or 0.02% of their USA portfolio. (more...)
Cuomo issues credit reporting regulation in wake of Equifax breach Cuomo issues credit reporting regulation in wake of Equifax breach
- September 19, 2017

Administration officials said they expected the proposal to be adopted within 60 days, after a public comment period has ended. The state would also be able to bar a credit reporting agency from doing business there if it is found to engage in "unfair, deceptive or predatory practices", the statement said. (more...)
Brocade Communications Systems, (NASDAQ:BRCD) Sees Unusual Trading Volume in Its Shares
- September 19, 2017

LSV Asset Management cut its position in Brocade Communications Systems, Inc . (NASDAQ: BRCD ) also leans strongly towards the neutral end of the spectrum. Wunderlich downgraded Brocade Communications Systems, Inc . The co's performance for 6 months was plunged of -1.85%, 1-year performance stands at 39.63% and year to date showing slashed performance of -2.40%. (more...)
Rooney reception leaves Mata proud of Manchester United fans Rooney reception leaves Mata proud of Manchester United fans
- September 19, 2017

He was again in the thick of things on Sunday when he assisted and scored one in Manchester United's 4-0 win over his former club Everton , but Herrera was quick to point out, Lukaku's game is much more than just his goals. "He's part of the Manchester United legend and the crowd gave him the ovation that he deserves when he was substituted". "Seeing that respect from our fans in the stadium to our former captain was really moving. (more...)
Is Carrizo Oil & Gas Inc. (CRZO) a good buy?
- September 19, 2017

Brown Advisory Inc. now owns 14,455 shares of the company's stock valued at $540,000 after buying an additional 395 shares during the period. Analysts expect next quarter's EPS to be $0.32 and the next full year EPS is projected to be $1.60. (more...)
Digging Up the Facts on Helix Energy Solutions Group, Inc. (HLX)
- September 19, 2017

This company has been competing with others in the Basic Materials space and offers its own combination of interesting factors Helix Energy Solutions Group , Inc. The original version of this piece can be viewed at https://stocknewstimes.com/2017/09/13/helix-energy-solutions-group-inc-hlx-coverage-initiated-by-analysts-at-bank-of-america-corporation.html. (more...)
China, Russia start joint naval drills China, Russia start joint naval drills
- September 19, 2017

U.S. Ambassador to the United Nations Nikki Haley said on Sunday the U.N. Security Council has run out of options on containing North Korea's nuclear programme and the United States may have to turn the matter over to the Pentagon. "What that means is that all of the things that North Korea said it wanted were available, and those things are all still available". However, since negotiating an end to his nuclear program "seems to be the last thing on earth Kim Jong-un wants to do, a ... (more...)
Pier 1 Imports' stock soars into bull market territory
- September 19, 2017

It has underperformed by 19.65% the S&P500. Cornerstone Capital Management Holdings Llc increased Catalent Inc (CTLT) stake by 29.66% reported in 2016Q4 SEC filing. The Company's activities consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. (more...)
Profund Advisors LLC Sells 6101 Shares of Barrick Gold Corporation (ABX) Profund Advisors LLC Sells 6101 Shares of Barrick Gold Corporation (ABX)
- September 19, 2017

The rating was upgraded by Macquarie Research to "Neutral" on Wednesday, August 19. The firm earned "Buy" rating on Friday, September 8 by Sidoti. The firm earned "Hold" rating on Monday, August 21 by BMO Capital Markets. On June 29, 2017, Berenberg Bank upgraded ABX's stock. Analysts await Barrick Gold Corp (USA) (NYSE:ABX) to report earnings on October, 25 after the close. (more...)