Money


Sterling soars to highest since Brexit vote result Sterling soars to highest since Brexit vote result
- September 19, 2017

The dollar itself was marked around 0.05% higher against a basket of six global currencies at 91.88 in overnight trading ahead of this week's two-day rate setting meeting of the Federal Reserve, where Chair Janet Yellen is expected to offer further details of the central bank's plans to unwind its $4.2 trillion balance sheet. (more...)
Tesla Motors, Inc. (TSLA) Tesla Motors, Inc. (TSLA)
- September 19, 2017

Stock value has moved between $178.24 - 388.89 in last one year. Johnson Investment Counsel owns 6,231 shares. Vanguard Group Inc. increased its position in Tesla by 5.0% in the first quarter. On Monday, Shares of Tesla, Inc . The stock rose 0.22% or $0.04 reaching $18.09. LORL's distance from 20 day simple moving average is 6.05% and distance from 50-Day simple moving average is 5.15%. (more...)
Equifax will update Canadians on data breach this week Equifax will update Canadians on data breach this week
- September 19, 2017

Equifax, which collects data about consumers' credit histories and provides credit checks to a variety of companies, has been tight-lipped about the security issue's impact in Canada. The credit data company based in Atlanta told The Canadian Press that this update will include how Equifax intends to notify any potentially impacted individuals. (more...)
Norway wealth fund hits 'milestone' $1 trillion value Norway wealth fund hits 'milestone' $1 trillion value
- September 19, 2017

The fund, the world's largest, had a rapid increase in 2017 following a strengthening of the world's major currencies against the USA dollar, combined with strong equity markets, the bank said. The Norwegian Government Pension Fund Global invests the revenue from the oil and gas sector off the coast of Norway. The fund is among the world's biggest investors in stocks, owning $667 billion worth of shares in over 9,000 companies globally. (more...)
Post Holdings buying Bob Evans Farms Post Holdings buying Bob Evans Farms
- September 19, 2017

Analyst's mean target price for BOBE is $76.75 while analysts mean recommendation is 2.30. Moreover, Arizona State Retirement has 0.01% invested in Bob Evans Farms Inc (NASDAQ: BOBE ) for 10,212 shares. A few notable investment firms have updated their holdings. If you are reading this article on another site, it was copied illegally and republished in violation of USA and worldwide copyright laws. (more...)
Adidas overtakes Brand Jordan for No. 2 in U.S. sneaker sales Adidas overtakes Brand Jordan for No. 2 in U.S. sneaker sales
- September 19, 2017

On Monday, Darren Rovell of ESPN .com reported the NPD Group announced Adidas passed Jordan brand for the second spot behind Nike . "I've never seen a brand in the sneaker industry grow this fast", NPD sports industry analyst Matt Powell told ESPN . (more...)
Teva Pharmaceutical Industries Limited (NYSE:TEVA)
- September 19, 2017

Teva Pharmaceutical Industries Limited (TEVA ) stock was most active stock of Wall Street Market on Moday. BidaskClub lowered shares of Teva Pharmaceutical Industries Limited from a sell rating to a strong sell rating in a research report on Wednesday, August 16th. (more...)
Sprint Corp surges on reports of T-Mobile merger talk Sprint Corp surges on reports of T-Mobile merger talk
- September 19, 2017

Shares of T-Mobile and Sprint are both spiking after CNBC reported that the two wireless carriers are reportedly in talks of a possible merger for the third time. But there's another level to this as well. The biggest issue is whether any merger between the No. 3 and No. 4 wireless carriers in the nation would be approved by antitrust regulators. (more...)
Wall Street Ends Strengthening on Higher S&P Index Wall Street Ends Strengthening on Higher S&P Index
- September 19, 2017

The S&P 500 was almost flat, cutting early gains following a decline in tech shares. "There's momentum in the market". Fed's two-day monetary meeting will kick off on Tuesday. The Nasdaq index closed up 6.173 points or 0.10% at 6454.64. USA equity futures, however, still suggest another all-time high for the Dow Jones Industrial Average at the start of trading today after Monday's record close - the fifth in a row - for the benchmark and smaller gains for the broader S&P 500 ... (more...)
European Stocks Called Lower as Global Investors Approach Fed Meeting European Stocks Called Lower as Global Investors Approach Fed Meeting
- September 19, 2017

The Fed is also expected to release some of the details of its plan to trim its balance sheet. The dollar had stayed weak following US data showing domestic home construction fell for a second straight month in August, rekindling some concerns about the USA housing sector. (more...)
Gold steady; markets brace for Fed meeting
- September 19, 2017

Alan Greenspan, the last Fed chairman to suggest stocks were overpriced , was heavily criticized in 1996 after his famous "irrational exuberance" speech. The energy group added 0.9 percent, boosted by a 3.4 percent gain for oil and natural gas producer Encana Corp ( ECA.TO ) to C$13.14. Dow e-minis were up 14 points, or 0.06 percent, with 11 contracts changing hands. (more...)
Quarterly Financial Update for Ford Motor Company (NYSE:F) Quarterly Financial Update for Ford Motor Company (NYSE:F)
- September 19, 2017

The firm earned "Outperform" rating on Tuesday, August 2 by Raymond James. It dived, as 77 investors sold Ford Motor Company shares while 407 reduced holdings. The rating was maintained by S&P Research with "Strong Buy" on Friday, September 25. The rating was maintained by Credit Suisse with "Neutral" on Wednesday, October 19. (more...)
Walgreens gets regulator's nod to buy Rite Aid stores Walgreens gets regulator's nod to buy Rite Aid stores
- September 19, 2017

They issued a buy rating and a $95.00 price objective for the company. Finally, Guggenheim reissued a "buy" rating on shares of Walgreens Boots Alliance in a report on Monday, July 3rd. The original version of this piece of content can be read at https://www.truebluetribune.com/2017/09/19/needham-company-llc-reiterates-buy-rating-for-walgreens-boots-alliance-inc-wba.html. (more...)
Partial list of Emmy Award winners Partial list of Emmy Award winners
- September 19, 2017

The 69th annual Primetime Emmy Award winners were announced live from Los Angeles last night on CBS. The best supporting actress for comedy award was given to Kate McKinnon, from "Saturday Night Live". The 69th Emmy Awards are being held at the Microsoft Theatre. Lithgow was practically a lock going into the Emmys this year. Spicer pronounced this year's show the most-watched Emmy telecast in history, lampooning his own discredited assertion of a record audience for Trump's ... (more...)
U.S. stock see S&P and Dow close at record levels U.S. stock see S&P and Dow close at record levels
- September 19, 2017

Boeing and Caterpillar rose more than 1.5%, providing the biggest boosts to the Dow, while Nvidia's near 5% increase pushed the S&P and the Nasdaq higher. The U.S. dollar index, which measures the greenback's strength against a basket of six global currencies, slipped 0.16% to 91.88 during European trading hours while benchmark 10-year Treasury bond yields were marked at 2.22%, some 20 basis points from their early September lows in the immediate wake of Hurricane Harvey. (more...)
Stifel Nicolaus Reaffirms "Buy" Rating for Anadarko Petroleum Corporation (NYSE:APC)
- September 19, 2017

It has underperformed by 8.41% the S&P500. Obermeyer Wood Investment Counsel Lllp sold 56,131 shares as the company's stock rose 1.60% with the market. Proshares Powershs Sr Loan Port Etf (BKLN) was reduced too. Since May 5, 2017, it had 0 insider buys, and 1 sale for $90,136 activity. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned "Outperform" rating by Credit Suisse on Wednesday, February 3. (more...)
Chicago Bridge & Iron Company NV (NYSE:CBI) - Eye-Catching Shares
- September 19, 2017

Short traders are feeling a little more bearish on the company recently if you take a look at the change in short interest. Finally, Zacks Investment Research upgraded shares of Chicago Bridge & Iron Company N.V. 9 funds opened positions while 20 raised stakes. Washington Tru Bancorp holds 0% or 300 shares. Convergence Investment Prtnrs Limited Company invested 0.32% of its portfolio in Danaher Corporation (NYSE:DHR). (more...)
Analysts Opinions on: Equifax Inc. (EFX) Analysts Opinions on: Equifax Inc. (EFX)
- September 19, 2017

As of the end of the quarter Janus Capital Management LLC had acquired 79,413 shares growing its position 7.5%. In addition, Equifax's 30-day IV skew of 27.9% is higher than 85% of all other readings from the past year, indicating that the stock's near-term puts have rarely been more expensive relative to calls. (more...)
Frontier Communications Corporation (FTR) Downgraded by ValuEngine to "Strong Sell"
- September 19, 2017

It has underperformed by 94.78% the S&P500. The Return on Investment (ROI) ratio of Frontier Communications Corporation (FTR ) is 5.1 percent. The company's market cap is $983.02 million. More notable recent Frontier Communications Corp (NASDAQ:FTR) news were published by: Fool.com which released: "Why Frontier Communications Corp". Traders are feeling more bullish recently if you take into consideration the motion in short interest. (more...)
Zacks Investment Research Downgrades China Mobile (Hong Kong) Ltd. (CHL) to Hold Zacks Investment Research Downgrades China Mobile (Hong Kong) Ltd. (CHL) to Hold
- September 19, 2017

This is a positive change from China Mobile (Hong Kong)'s previous special dividend of $0.77. That is why tracking what the mainland investors prefer and buying what they like can be a good strategy. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 28.38, the 7-day stands at 17.69, and the 3-day is sitting at 5.56. (more...)

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