Money


Malaysia's 1MDB Says $350 Million Paid to Abu Dhabi for Debt Deal Malaysia's 1MDB Says $350 Million Paid to Abu Dhabi for Debt Deal
- August 12, 2017

Earlier today, 1MDB said in a statement that it has made a payment of US$350 million to IPIC, pursuant to the amendment dated Aug 8, 2017 to the settlement deed with MoF Inc and IPIC. "Malaysians are entitled to know whether the difference of US$40 million was the "default interest" which 1MDB had to pay as a penalty for failing to (meet) the original July 31 deadline and a five-day extension for the first tranche", he said in a statement. (more...)
Discovery Clinches Scripps Networks Deal
- August 12, 2017

Discovery and Scripps also announced second-quarter earnings on Monday. Over the last three months, insiders sold 376,466 shares of company stock worth $25,477,051. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.76 billion. Scripps Networks Interactive had a net margin of 16.94% and a return on equity of 30.71%. (more...)
Asian stocks slump on profit-taking after US-NKorea tensions Asian stocks slump on profit-taking after US-NKorea tensions
- August 12, 2017

In New York , the Dow Jones industrial average plunged 204.69 points to 21,844.01, while the S&P 500 index dropped 35.81 points to 2,438.21 and the Nasdaq composite index slid 135.46 points to 6,216.87. Macy's sank 10.3 percent and Kohl's lost 5.8 percent. The euro eased 0.1 per cent to $1.1766, staying below a high of around $1.1910 set last week, the euro's strongest level in 2-1/2 years. (more...)
Raises Position in Liberty Media Corporation (LSXMA)
- August 12, 2017

The Liberty Media Group operates as a subsidiary of Liberty Media Corporation. Vanguard Group Inc. now owns 6,191,159 shares of the company's stock valued at $275,383,000 after buying an additional 253,058 shares in the last quarter. If you are reading this report on another website, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright laws. The legal version of this report can be viewed at ... (more...)
The next Tesla is here, and it's a auto for the people The next Tesla is here, and it's a auto for the people
- August 12, 2017

Deliveries kicked off Friday night with the company's usual amount of fanfare. Electric auto manufacturer Tesla has delivered the first 30 units of their new Model 3 sedans. Their base price is $44,000, so the company turns an even bigger profit on them than it does on the $35,000-base model with the smaller battery. But Musk says Tesla worked hard to make the Model 3 simpler and cheaper to make than Tesla's previous vehicles. (more...)
Momentum Stock: Dean Foods Company (DF) Momentum Stock: Dean Foods Company (DF)
- August 12, 2017

Other analysts also recently issued reports about the company. Private Bank & Trust Co. increased its stake in ConAgra Foods by 0.5% in the first quarter. The ex-dividend date is Thursday, July 27th. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.23. This dividend amount represented a yeild of $3.16. (more...)
Rio Tinto's first-half profit jumps 93 per cent to $4.1b Rio Tinto's first-half profit jumps 93 per cent to $4.1b
- August 12, 2017

Other hedge funds have also recently bought and sold shares of the company. Axiom Capital downgraded the shares of RIO in report on Thursday, March 31 to "Sell" rating . 04/21/2017 - Rio Tinto Plc was upgraded to " by analysts at BNP Paribas. Rio Tinto PLC also saw some unusual options trading on Monday. Huntington National Bank increased its stake in Rio Tinto PLC by 167.1% in the first quarter. (more...)
Traders Buy Bank of America Corporation (NYSE:BAC) on Weakness
- August 12, 2017

It has outperformed by 41.94% the S&P500. The stock has a 50 day moving average price of $155.35 and a 200-day moving average price of $144.27. Icu Medical Inc now has $3.26B valuation. Walleye Trading Limited holds 0.01% or 37,656 shares. Quantbot Techs Limited Partnership holds 311,671 shares. On Tuesday, May 16 the insider SAUCEDO JOSEPH R sold $731,273. (more...)
TSX hits 1-month low on risk aversion, lower oil prices TSX hits 1-month low on risk aversion, lower oil prices
- August 12, 2017

The pan-European FTSEurofirst 300 index lost 1.01 per cent and MSCI's gauge of stocks across the globe shed 0.26 per cent for a weekly loss of 1.6 per cent, the largest since the week to November 4. Sterling was last trading at $1.3009, up 0.27 percent on the day. In currencies, the yen rose 0.8 percent versus the greenback at 109.2 per dollar JPY= , the strongest level for the Japanese currency since mid June. (more...)
Navios Maritime Holdings Inc Navios Maritime Holdings Inc
- August 12, 2017

We have $10.44 PT which if reached, will make NYSE:NAP worth $14.97M more. Separately, ValuEngine lowered Navios Maritime Acquisition Corporation from a "buy" rating to a "hold" rating in a research note on Tuesday, June 6th. UBS Group AG cut its stake in shares of Navios Maritime Acquisition Corporation (NYSE:NNA) by 9.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). (more...)
North Korea nerves rattle world stocks, lift gold, yen North Korea nerves rattle world stocks, lift gold, yen
- August 12, 2017

President Donald Trump warned North Korea earlier this week that it would face "fire and fury" if it threatened the United States. After paring gains it was still on track for its biggest one-day percentage gain since May 17. The yen tends to benefit during times of geopolitical or financial stress as Japan is the world's biggest creditor nation and there is an assumption that Japanese investors will repatriate funds should a crisis materialize. (more...)
Tesla developing self-driving electric truck Tesla developing self-driving electric truck
- August 12, 2017

A self-driving Tesla semi truck is in the works. . In those documents, Tesla sought state approval to test a prototype of its electric semi in Nevada that will contain self-driving software. Silicon Valley startup Peloton Technology, for example, is working with several truck makers including Volvo on its so-called platooning or road train system, which it sees as a precursor to autonomy. (more...)
Cameco Corporation (NYSE:CCJ) Given Coverage Optimism Score of 0.09 Cameco Corporation (NYSE:CCJ) Given Coverage Optimism Score of 0.09
- August 12, 2017

Gets an Outperform Rating and $16 Price Target" with publication date: "July 12, 2017. Brookstone Capital Management acquired a new stake in Cameco Corporation during the first quarter worth $116,000. Cameco Corporation has decreased its dividend payment by an average of 8.3% per year over the last three years. Equities research analysts anticipate that Cameco Corporation will post $0.25 EPS for the current year. (more...)
FBR & Co Cuts Discovery Communications, Inc. (DISCA) Price Target to $28.00 FBR & Co Cuts Discovery Communications, Inc. (DISCA) Price Target to $28.00
- August 12, 2017

The value of the investment in DISCB decreased from $2,000 to $2,000 decreasing 0.0% quarter to quarter. A number of large investors have recently made changes to their positions in DISCA. Discovery Communications had a net margin of 16.88% and a return on equity of 22.74%. During the same period in the previous year, the business posted $0.71 earnings per share. (more...)
Positive News Coverage Likely to Affect Zillow Group (NASDAQ:Z) Share Price
- August 12, 2017

Vanguard Group Inc. now owns 8,269,783 shares of the financial services provider's stock worth $278,444,000 after buying an additional 497,370 shares during the period. Total shares held by institutions as of the most recent company filings are 44,380,002 with a reported 3,128,647 bought and 1,742,228 sold. Canaccord Genuity maintained the shares of ZG in report on Friday, February 12 with "Buy" rating. (more...)
Back-to-school gun display at Walmart sparks outrage Back-to-school gun display at Walmart sparks outrage
- August 12, 2017

Charles Crowson, Senior Manager of Corporate Communications told us at 8 p.m. Wednesday night that the company has confirmed the store was not in Evansville, Indiana. 'Seriously? I have no words...' read another. "There was some miscommunication between our social media team and the store", said Crowson, explaining the errant tweet. (more...)
The Magellan Midstream Partners LP (MMP) Shares Sold by Cabot Wellington LLC
- August 12, 2017

The stock had a trading volume of 255,534 shares. Shares of Noble Midstream Partners ( NYSE NBLX ) traded down 1.06% on Friday, hitting $44.87. It has underperformed by 13.15% the S&P500. Its down 0.38, from 1.19 in 2016Q3. Many investment firms and many large funds have quite recently modified to their stake in The corporation. Caprock Group Inc reported 13,411 shares stake. (more...)
Tesla's Quarterly Loss Widens as It Rolls Out the Mass-Market Model 3 Tesla's Quarterly Loss Widens as It Rolls Out the Mass-Market Model 3
- August 12, 2017

Despite slumping in recent weeks, Tesla stock is up more than 50 percent for the year. The CEO said Wednesday the company has received 518,000 total reservations, but due to cancellations, it has netted 455,000 orders. However it predicted Infineon would end up being a second source of such chips as volumes increase next year. Tesla is rocking since it's announcement for the Tesla Model 3 last Friday. (more...)
N.Korea Details Plans to Attack Guam N.Korea Details Plans to Attack Guam
- August 12, 2017

Pyongyang, which conducted two successful tests of an intercontinental ballistic missile last month, says it needs the weapons to defend itself against the threat of an invasion by its adversaries. Kim Rak Gyom, who heads North Korea's rocket command, said in a statement carried by state media that his country was "about to take" military action near Guam. (more...)
How Analysts Rated Houghton Mifflin Harcourt Co (NASDAQ:HMHC) Last Week?
- August 12, 2017

The stock tapped a 52-week high of US$29.1 while the mean 12-month price target for the shares is US$26.28. GEA Group had 158 analyst reports since July 23, 2015 according to SRatingsIntel. 278,712 were accumulated by Eagle Asset. More notable recent Houghton Mifflin Harcourt Co (NASDAQ:HMHC) news were published by: Seekingalpha.com which released: "Houghton Mifflin Harcourt (HMHC) Q1 2017 Results - Earnings Call Transcript" on May 04, 2017, also Gurufocus.com with their article: "Kettle ... (more...)