Money


Cooper Tire & Rubber (CTB) Receiving Somewhat Positive Media Coverage, Study Finds Cooper Tire & Rubber (CTB) Receiving Somewhat Positive Media Coverage, Study Finds
- September 26, 2017

The Goodyear Tire & Rubber Company is a manufacturer of tires. As of December 31, 2016, the Company operated nine manufacturing facilities and 20 distribution centers in 10 countries. Standpoint Research downgraded Goodyear Tire & Rubber Co (NASDAQ:GT) on Wednesday, October 28 to "Hold" rating. The stock was trading at a distance of -11.53% from its 52-week highs and stands 22.71% away from its 52-week lows. (more...)
10 most popular cities for worldwide travelers in 2017 10 most popular cities for worldwide travelers in 2017
- September 26, 2017

Issam Kazim, CEO, Dubai Corporation for Tourism and Commerce Marketing (DCTCM), said: "Travel and tourism are among Dubai's key economic contributors and the city's strong rankings in the Mastercard Global Destination Cities Index 2017 confirm the effectiveness of partnerships between the government and private sector in driving growth". (more...)
Target Raises Minimum Hourly Wage Target Raises Minimum Hourly Wage
- September 26, 2017

Target framed the choice as part of its long-term business strategy. The company raised its entry-level hourly wages from $9 an hour to the current rate of $10 previous year. At $11 an hour, a full-time worker will earn $22,800 a year. Costco, another all-purpose retailer, recently increased its starting hourly pay for the first time in nine years , boosting it to $13. (more...)
$0.87 EPS Expected for Edwards Lifesciences Corp
- September 26, 2017

Spirit of America Management Corp NY acquired a new stake in shares of Edwards Lifesciences Corp during the third quarter valued at $121,000. A number of other hedge funds and other institutional investors have also made changes to their positions in EW. (more...)
Were Analysts Bearish WYG PLC (LON:WYG) This Week? Were Analysts Bearish WYG PLC (LON:WYG) This Week?
- September 26, 2017

The stock decreased 3.55% or $4.11 during the last trading session, reaching $111.57. Shares of Spire Healthcare Group PLC (SPI.L) are moving on volatility today -0.26% or -0.60 from the open. It has underperformed by 16.70% the S&P500. Six research analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the stock. (more...)
Interpublic Group of Companies Inc (IPG) Analysts See $0.33 EPS
- September 26, 2017

Several other institutional investors and hedge funds have also bought and sold shares of the company. Global X Management Co. Interpublic Group of Companies, Inc. (The) had a return on equity of 27.72% and a net margin of 7.19%. The company had revenue of $1.88 billion during the quarter, compared to analysts' expectations of $1.95 billion. (more...)
Nuveen Preferred and Income Term Fund (JPI): Technicals in Focus
- September 26, 2017

The ADX was introduced by J. Welles Wilder in the late 1970's and it has stood the test of time. Nuveen Virginia Quality Municipal Income Fund (NPV) now has a 14 day Williams %R of -93.75. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a ... (more...)
BP share price: Group starts production at giant Oman gas field BP share price: Group starts production at giant Oman gas field
- September 26, 2017

BP will be operating the project with 60 per cent holding stake, while the Oman Oil Company for Exploration and Production holds the remaining 40 per cent. "While Oman has a vast set of resources and human capabilities, BP brings its technology to help unlock that potential". The giant tight gas project is the sixth of seven major projects planned to come onstream this year, and it will deliver 1 billion cubic feet per day (Bcf/d) of gas to the sultanate, Kallanish Energy learns. (more...)
Las Vegas Sands Corp. (NYSE:LVS) Charts Indicating Positive Momentum Las Vegas Sands Corp. (NYSE:LVS) Charts Indicating Positive Momentum
- September 26, 2017

The company was maintained on Friday, July 8 by UBS. The firm earned "Market Perform" rating on Thursday, April 27 by Telsey Advisory Group. The SI to Las Vegas Sands Corporation's float is 2.28%. FedEx had 83 analyst reports since August 14, 2015 according to SRatingsIntel. The stock's market capitalization is 50.35B. RBC Capital Markets has "Outperform" rating and $32 target. (more...)
CMA lays down new rules for price comparison sites, opens new probe CMA lays down new rules for price comparison sites, opens new probe
- September 26, 2017

The watchdog said it had "strong concerns" about a specific type of contract between suppliers and comparison websites - so-called "wide price parity" - which prevent insurers from offering better prices on one website than on another, reducing competition. (more...)
Nike, Inc. (NYSE:NKE) Stake Raised by Janney Montgomery Scott LLC Nike, Inc. (NYSE:NKE) Stake Raised by Janney Montgomery Scott LLC
- September 26, 2017

NIKE, Inc. (NYSE: NKE ) reported its EPS in the last quarter as $0.6/Share beating the analyst estimate of $0.5/Share by a difference of $0.1. Philadelphia Trust Company sold 6,247 shares as Nike Inc (NKE)'s stock declined 8.78%. Large investors have recently bought and sold shares of the stock. 110 funds opened positions while 410 raised stakes. The fund owned 220,218 shares of the footwear maker's stock after acquiring an additional 42,429 shares during the period. (more...)
Stocks off after North Korea says US declared war; euro slides Stocks off after North Korea says US declared war; euro slides
- September 26, 2017

The emergence of the pro-regulation Greens as power-brokers in any government coalition in Germany weighed on financial markets. The foreign minister of that country has once again sharpened the knives as he said that the comments from Trump over last weekend were a declaration of war and hence North Korea had all the authority to defend itself in such a situation. (more...)
The Charles Schwab Corporation (SCHW) Lifted to "Sell" at BidaskClub
- September 26, 2017

It would take about 3.86 days to cover all short positions. The SI to Christopher & Banks Corporation's float is 9.86%. The Charles Schwab Corporation ( SCHW ) shares have been seen trading -3.64% off its 52 week- peak value and changed 42.31% from its 52 week-bottom price value. (more...)
ADB raises Asia growth forecast as global conditions improve ADB raises Asia growth forecast as global conditions improve
- September 26, 2017

In an update to its annual economic publication, Asian Development Outlook 2017, the lender said developing Asia will grow 5.9% in 2017 and 5.8% in 2018. In FY2018, the forecast is adjusted down to 7.4% from 7.6%. It expects the good news to last into 2018, for which it increased the region's growth forecast to 5.8% from 5.7%. (more...)
Century's biggest diamond fetches $53m Century's biggest diamond fetches $53m
- September 26, 2017

It had originally hoped to get at least $70 million for the stone, describing it as the biggest gem quality diamond found in more than a century, CBC News reported. The unprecedented bet failed when bids did not meet the auction reserve price and the diamond was not sold. Lucara revealed it had originally hoped to sell the Lesedi La Rona for around $70m, but accepted Graff's bid as it topped any of the offers it received at the Sotheby's auction a year ago. (more...)
Russia's Gazprom replaces Exxon atop global ranking Russia's Gazprom replaces Exxon atop global ranking
- September 26, 2017

The 2017 Top 250 Global Energy Company Rankings, released by S&P Global Platts on Monday, ended Exxon's 12-year run as the No. 1 firm. In the coveted top 10, Asia-Pacific and Europe, Middle East and Africa (EMEA) tied, both with 4 representations each, while the Americas has only two of the elite spots. (more...)
First American Bank Has $5.97 Million Holdings in Comcast Corporation (CMCSA)
- September 26, 2017

Athena Cap Advisors Limited Liability Corp invested 0.14% in Comcast Corporation (NASDAQ:CMCSA). The stock declined 0.26% or $0.1 reaching $38 on the news. Therefore 40% are positive. Comcast Corporation had 58 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has "Buy" rating by Stifel Nicolaus on Wednesday, September 21. (more...)
Ajo LP Has $6.66 Million Holdings in Dominion Diamond Corporation (DDC) Ajo LP Has $6.66 Million Holdings in Dominion Diamond Corporation (DDC)
- September 26, 2017

About 1.85M shares traded. Mark Travis increased its stake in Dominion Diamond Co F ( DDC ) by 183.3% based on its latest 2016Q4 regulatory filing with the SEC. Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.11, from 0.97 in 2017Q1. Trexquant Investment Lp owns 14,200 shares worth $178,000. 117 funds opened positions while 651 raised stakes. (more...)
Early Moves to Watch: The Procter & Gamble Company (PG)
- September 26, 2017

It has outperformed by 30.29% the S&P500. The Return on Investment (ROI) ratio of The Procter & Gamble Company (PG) is 12.7 percent. 07/20/2017 - Procter & Gamble Company (The) had its "hold" rating reiterated by analysts at Deutsche Bank. (more...)
Sirius XM Holdings Inc. (NASDAQ:SIRI) Experiences Lighter than Average Trading Volume
- September 26, 2017

Several other hedge funds have also recently made changes to their positions in the company. Sirius XM Holdings Inc .is expected to lift sales by 5.93% in next year to $5.72B. This represents a $0.04 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Tuesday, August 8th. Sirius XM Holdings's payout ratio is 25.00%. (more...)