Money


Hurricane Maria now potentially catastrophic category 5 with 'dreaded pinhole eye' Hurricane Maria now potentially catastrophic category 5 with 'dreaded pinhole eye'
- September 19, 2017

That's about two-and-a-half days of tropical storm winds, and on Wednesday we will feel the brunt - all of the island will feel the brunt of sustained category four or five winds, Rossell said. Irma became one of the strongest hurricanes on record, maintaining winds over 180 miles per hour for almost two days. Relief workers are racing to secure debris left strewn across the islands that have the potential to make the coming hurricane "more hazardous" if they are picked up by high winds. (more...)
TPG Telecom lifts profit but cuts dividend TPG Telecom lifts profit but cuts dividend
- September 19, 2017

TPG's broadband subscribers were broken down into 37,000 FttB customers, 28,000 off-net ADSL, 110,000 on-net ADSL; 520,000 on-net ADSL bundle; and 262,000 NBN customers. The company expects to make up for these decreases with some major upgrades to its mobile networks in Australia and Singapore. TPG said it was thinking not just about the 4G network it is rolling out now but also about how that would transition to 5G in future. (more...)
Equifax security breach brings new safety measures Equifax security breach brings new safety measures
- September 19, 2017

They just have no regulation and they really fell in this loophole. The company has said the executives were unaware of the hack when they sold the stock for US$1.8mil (RM7.54mil). Equifax's legal woes worsened as the US Attorney's office in Atlanta issued a statement saying it was working with the FBI on a criminal investigation into the breach and theft of personal information. (more...)
Bulls&Bears Captivating in Wall Street: VanEck Vectors Semiconductor ETF (NYSE:SMH)
- September 19, 2017

Traders may be relying in part on technical stock analysis. Rafferty Asset Management LLC lessened its stake in shares of VanEck Vectors Russia ETF (NYSE: RSX ) by 0.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. (more...)
AbbVie Inc. (ABBV) - Worth Watching Stock
- September 19, 2017

About 258,560 shares traded. It is down 52.08% since September 18, 2016 and is uptrending. It has outperformed by 16.96% the S&P500. At the end of 06/30/2017 reporting period, 772 institutional holders increased their position in AbbVie Inc. (more...)
Germany stands with Britain in terror fight: Merkel Germany stands with Britain in terror fight: Merkel
- September 19, 2017

The strength of its economy has enabled Germany to sustain a high level of public services and also enjoy one of the best social security systems in the world. A committd European, Chancellor Merkel has always been a champion of European ideals such as universal civil rights and a protector of the European "four freedoms", especially freedom of movement. (more...)
Quarterly Financial Review of Intel Corporation (NASDAQ:INTC)
- September 19, 2017

It has outperformed by 34.90% the S&P500. Fishman Jay A Ltd decreased Intel Corp ( INTC ) stake by 31.07% reported in 2016Q4 SEC filing. The stock has been active on the tape, now trading at $37.00, up from yesterday's close by 1.43%. 620.05 million shares or 0.84% less from 625.33 million shares in 2016Q3 were reported. Intel Corporation (INTC ) has an Analysts' Mean Recommendation of 2.6. (more...)
KeyCorp Reaffirms Hold Rating for Super Micro Computer, Inc. (SMCI) KeyCorp Reaffirms Hold Rating for Super Micro Computer, Inc. (SMCI)
- September 19, 2017

The stock of Super Micro Computer, Inc . It is down 1.14% since September 18, 2016 and is downtrending. It has underperformed by 17.84% the S&P500. Since May 10, 2017, it had 0 insider buys, and 7 selling transactions for $535,963 activity. (more...)
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
- 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...)

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