Money


Markets Right Now: Stocks wobble after Fed, but close higher
- September 21, 2017

THE QUOTE: "The market is basically in a holding pattern until the Fed announcement", said Quincy Krosby, chief market strategist at Prudential Financial. Johnson Controls rose 3 percent and American Airlines rose 2.3 percent. The pickup in oil prices helped lift energy stocks. The Toronto Stock Exchange's S&P/TSX composite index touched its highest level since June 12, ending up 96.63 points, or 0.63 per cent, to 15,389.60 with materials the index's only major group to lose ground. (more...)
Featured Stock for Investors: USG Corporation (USG)
- September 21, 2017

Hosking Partners LLP owned about 0.16% of USG Corporation worth $6,635,000 at the end of the most recent quarter. About 379,578 shares traded. Investors are a little more bearish on shares of USG Corporation lately as implied by the uptick in short interest. (more...)
Mischievous Singapore airport baggage handler allegedly sent luggage astray Mischievous Singapore airport baggage handler allegedly sent luggage astray
- September 21, 2017

Hundreds of passengers' luggage were sent to the wrong destinations when the bag-tag swaps occurred. It was on November 8 past year that the man allegedly began his dastardly capers - he switched the tag of a Penang-bound luggage with the tag of another bag. (more...)
Nuveen Senior Income Fund to Issue Monthly Dividend of $0.04 (NYSE:NSL)
- September 21, 2017

Bill Williams developed this indicator on the basis of earlier existed MACD and made a number of changes. It illustrates what's happening to the market driving force at the present moment. The Aroon Up trend when it reaches above 70 indicates that the uptrend is gaining momentum. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. (more...)
W&T Offshore, Inc. (NYSE:WTI) Overbought, but Is It Time to Sell? W&T Offshore, Inc. (NYSE:WTI) Overbought, but Is It Time to Sell?
- September 21, 2017

Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. W&T Offshore Inc ( WTI ) now has a 14 day Williams %R of -24.42. During the past three months the stock gain 24.15%, bringing six months performance to -8.54%. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. (more...)
Cisco Systems Target of Unusually Large Options Trading (CSCO)
- September 21, 2017

New England Research & Management Inc. now owns 66,797 shares of the network equipment provider's stock worth $2,258,000 after buying an additional 10,397 shares in the last quarter. Royal Commercial Bank Of Scotland Group Public Ltd holds 452,901 shares. (NASDAQ:CSCO) for 717,798 shares. Moreover, Farmers Merchants has 0% invested in Cherokee Inc (NASDAQ:CHKE). (more...)
Discover Financial Services (NYSE:DFS) Short Interest Up 12.41% - Shares Trading Up
- September 21, 2017

The stock declined 0.82% or $0.11 reaching $12.74 per share. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since September 20, 2016 and is uptrending. California State Teachers Retirement reported 0.13% in Discover Financial Services (NYSE: DFS ). Discover Financial Services had a return on equity of 21.28% and a net margin of 20.91%. (more...)
Joel Embiid a question mark as 76ers set to begin training camp Joel Embiid a question mark as 76ers set to begin training camp
- September 21, 2017

Embiid has spent the entire summer working his way back from a meniscus tear that required surgery back in March. "He will be out there for the first practice". The 76ers emphasized that although Embiid has not yet played five-on-five basketball, he has been able to work out. "He looks like he's in tremendous shape and conditioning". (more...)
Invesco Van Kampen High Income Trust II (VLT) Announces $0.08 Monthly Dividend
- September 21, 2017

Investors are feeling more bullish on the company as implied by the motion in short interest. It may be a case of missed trades or being too cautious, but a stellar forward thinking strategy may be just what is needed to get back on track. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. After a recent check, Invesco Municipal Trust's 14-day RSI is now at 46.53, the 7-day stands at 40.23, and the 3-day is ... (more...)
US Federal Reserve to start unwinding $4.2tn stimulus from October US Federal Reserve to start unwinding $4.2tn stimulus from October
- September 21, 2017

Treasury bonds and mortgage-backed securities by initially cutting up to $10 billion each month from the amount of maturing securities it reinvests. The U.S. The central bank did, however, offer a rosier picture of the overall economy, upping its economic growth forecast to 2.4% from 2.2%. The Fed, though, has yet to achieve its other objective of stabilizing prices at a 2 percent annual rate. (more...)
Bank of Japan keeps rates steady Bank of Japan keeps rates steady
- September 21, 2017

The BOJ also maintained the 0.1 percent interest on some funds that financial institutions park at the central bank. Japanese government bonds were steady on Thursday, after the Bank of Japan left its policy stance unchanged as expected . (more...)
What Recent Ownership Trends Suggest About General Electric Company (GE)'s Future Performance
- September 21, 2017

Sector Pension Investment Board invested in 1.96M shares. JPMorgan Chase & Co. grew its holdings in Portland General Electric Company (NYSE: POR ) by 0.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. (more...)
Dollar shines, Asia shares slip after Fed signals Dec rate hike Dollar shines, Asia shares slip after Fed signals Dec rate hike
- September 21, 2017

It also said it will hold benchmark interest rates steady, and signalled a rate hike by the end of the year. Asian stock indexes were little changed, with Japan's Nikkei up 0.1 percent, while in Europe Germany's Dax was 0.2 percent higher. (more...)
Critical Comparison: NewLink Genetics Corporation (NLNK) vs. Curis, Inc. (CRIS)
- September 21, 2017

This range falls on a scale between 0 and 100. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. NewLink Genetics Corporation (NASDAQ: NLNK ) has a beta of 1.24, compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole. (more...)
Tabcorp, Tatts insist their $11b tie-up timetable stands Tabcorp, Tatts insist their $11b tie-up timetable stands
- September 21, 2017

According to a report from The Sydney Morning Herald newspaper, the Wednesday decision from the Federal Court of Australia was prompted by an appeal from the Australian Competition and Consumer Commission and quashed an earlier approval for the $8.8 billion deal granted by the Australian Competition Tribunal. (more...)
Sells 2151 Shares of Bristol-Myers Squibb Company (BMY)
- September 21, 2017

Bristol-Myers Squibb (NYSE: BMY ) last announced its quarterly earnings results on Thursday, July 27th. First Personal Fincl invested 0.14% in Bristol-Myers Squibb Co (NYSE:BMY). Drexel Hamilton initiated the stock with "Buy" rating in Thursday, January 14 report. Oppenheimer maintained Andeavor (NYSE:ANDV) on Monday, November 23 with "Outperform" rating. (more...)
FedEx Takes Earnings Hit Following Cyberattack FedEx Takes Earnings Hit Following Cyberattack
- September 21, 2017

Adjusted for one-time items, the company reported per-share earnings of $2.51, down from $2.82 a share a year ago and also below the $3.09 per share analysts were expecting. The shares were sold at an average price of $210.96, for a total transaction of $5,173,161.12. Investors sentiment is 0.93 in Q4 2016. Stock has got OUTPERFORM rating from 10 analyst (s) whereas last month 10 analyst (s) have given outperform rating. (more...)
Teradata Corporation (TDC) Position Raised by Kempen Capital Management NV
- September 21, 2017

It has been assigned a low target price of $19 and a high target price of $38. They now have a $27.00 target price on the technology company's stock. In the most updated research from a number of analysts on Wall Street, the company gets 2 Buys and 8 Sell among 22 analysts. (more...)
Dow, S&P 500 close at new records in NY
- September 21, 2017

The strength on Wall Street reflects recent upward momentum, with traders shrugging off a recent batch of disappointing economic data. USA futures pointed to another positive session on Wall Street on Monday, as worries about North Korea receded and as investors looked ahead to the latest policy announcement from the Federal Reserve. (more...)
Exxon Mobil Corporation (NYSE:XOM) Holdings Lifted by Bridges Investment Management Inc
- September 21, 2017

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $339.99B. After a recent check, it is observed that the insiders for the firm now own 0.13% shares. Since May 1, 2017, it had 0 insider purchases, and 11 sales for $9.66 million activity. 234,525 shares were sold by ILLIG CLIFFORD W, worth $15.11M. (more...)