Money


Wells Fargo & Company Reaffirms Outperform Rating for Amazon.com, Inc Wells Fargo & Company Reaffirms Outperform Rating for Amazon.com, Inc
- September 29, 2017

Facebook Inc. Cl A now has $488.95B valuation. About 28,063 shares traded. Stocks of Amazon.com, ( NASDAQ AMZN ) transacted up 0.58% on Early Thur, reaching $956.40. It also reduced its holding in Main Street Capital Corp (NYSE:MAIN) by 112,307 shares in the quarter, leaving it with 213,530 shares, and cut its stake in American Homes 4 Rent (NYSE:AMH). (more...)
Southern Coloradans with Puerto Rican ties say the island needs more help Southern Coloradans with Puerto Rican ties say the island needs more help
- September 29, 2017

Gutierrez, the son of Puerto Rican parents, was born and raised in Chicago, but owns a home on the island. Rodriguez's father, aunt and many other family members are left stranded on the Island. His heart breaks as well for his island, friends, and family. "There are people literally dying because they don't have the aid". Both Morris and Rodriguez shared how the people of Puerto Rico need more help. (more...)
Trump adviser 'can't guarantee' taxes won't go up for middle class Trump adviser 'can't guarantee' taxes won't go up for middle class
- September 29, 2017

Cohn had considered quitting the White House due to his disappointment with President Trump's response to the Charlottesville white supremacist rally, but admitted Thursday that he stayed because he was excited by the "once-in-a-lifetime" opportunity to pursue tax reform. (more...)
Pier 1 Reports Wider Q2 Loss as Sales Rise 0.4% Pier 1 Reports Wider Q2 Loss as Sales Rise 0.4%
- September 29, 2017

Brokerage houses, on average, are recommending investors to buy Palatin Technologies, Inc. More extreme high and low levels-80 and 20, or 90 and 10-occur less frequently but indicate stronger momentum. on Tuesday, June 13. During the last month, the stock has changed 4.32% and performed 7.69% over the last 6 months. Based on a recent bid, the stock is trading 0.88% away from its 52-week high and 167.18% away from its 52 week low. (more...)
Beazley sees earnings hit of about $150 mln from hurricanes, Mexico earthquakes Beazley sees earnings hit of about $150 mln from hurricanes, Mexico earthquakes
- September 29, 2017

Beazley said it will update further on the losses in its Q3 trading statement on 9th November, when it will also publish guidance on the full year combined ratio. Additionally, rival modelling firm AIR Worldwide earlier this week estimated insured losses for Maria of $40-$85 billion. TALANX German insurer Talanx warned it may miss its profit target for 2017 as its reinsurer Hannover Re is being hit by major claims from a series of hurricanes and an natural disaster in Mexico. (more...)
Blast near Shiite mosque in Afghan capital causes casualties Blast near Shiite mosque in Afghan capital causes casualties
- September 29, 2017

The blast happened at 1.45 p.m.in Qala-e-Fathullah neighbourhood when the Friday prayers were underway in a nearby mosque, witness Mohammad Aman told Xinhua news agency. Terrorists attacked the Kabul airport and fired munitions a few minutes after US Defense Secretary James Mattis arrived at Afghanistan to pledge support for the government on September 27. (more...)
Bitcoin is 'more than just a fad,' says Morgan Stanley chief Bitcoin is 'more than just a fad,' says Morgan Stanley chief
- September 29, 2017

James Gorman also differentiated between Bitcoin as a currency and the blockchain technology, which he noted can be very useful for a lot of industries such as tech and finance. "I've talked to a lot of people who have", Gorman said. According to Bloomberg , Gorman himself acknowledges the possibility of future regulatory actions around the cryptocurrency, wondering "at what point do regulators - like the Chinese have been saying - just decide we want to control monetary flows for money ... (more...)
Serena Williams What Pregnant Body? SNAP BACK!!! Serena Williams What Pregnant Body? SNAP BACK!!!
- September 29, 2017

Li, a native of Wuhan and a global ambassador for her hometown tournament, appeared uncertain as to whether she would be happy if her children grew up to become tennis players. Chinese great Li Na backed Serena Williams to pull off a quickfire return to tennis after the birth of her first child - but said there was no way she could have rushed back to the sport. (more...)
Home BancShares, Rating Reduced to Sell By Research Firm Zacks
- September 29, 2017

For the Current Quarter, the growth estimate for Home Bancshares, Inc . Pacer Advisors has an ownership of 17,158 stocks of the financial services provider's shares valued at $427,000 following acquiring an extra 100 stocks in the previous period. (more...)
Berenberg Bank Reiterates €116.00 Price Target for Merck KGaA (FRA:MRK)
- September 29, 2017

Their activity in MRK in recent trading has also spurred interest in the stock. The day's high marked a slight increase on the previous day's close which saw MRK finish the day's trading at 64.32. The rating was maintained by Rosenblatt with "Buy" on Thursday, August 3. The firm earned "Buy" rating on Tuesday, June 6 by BMO Capital Markets. (NYSE: MRK ) earned "Sell" rating by BMO Capital Markets on Tuesday, July 4. (more...)
Porsche ex-R&D chief reportedly arrested in Audi dieselgate probe Porsche ex-R&D chief reportedly arrested in Audi dieselgate probe
- September 29, 2017

Wolfgang Hatz had been head of engine development at Audi between 2001 and 2007, a period that spans the dates when engineers across the group had started to use illegal software to mask the true level of harmful emissions generated by their cars . (more...)
What Makes Net Element Inc (NETE) and Ensco Plc (ESV) Different? What Makes Net Element Inc (NETE) and Ensco Plc (ESV) Different?
- September 29, 2017

The stock rose 0.43% or $0.03 reaching $5.89 per share. Ensco plc (NYSE: ESV ) has a 20-Day average volume of 16.43 Million. A number of hedge funds have recently modified their holdings of the stock. Ensco Plc had 67 analyst reports since August 3, 2015 according to SRatingsIntel. Ensco plc (NYSE: ESV ) gross margin percentage stands at 41.6% while its operating margin for the past trailing twelve month is 14.2 percent and its overall profit margin (ttm) is 2.5 Percent. (more...)
Mark Carney: Interest rate rise likely in the 'relatively near term' Mark Carney: Interest rate rise likely in the 'relatively near term'
- September 29, 2017

The surprise move to a new historic low came after years of the rate being held at 0.5 per cent, a level it was slashed to during the 2008 financial crisis. He said that while overall lending to United Kingdom consumers had come down markedly since the financial crisis, there was a danger from rapid growth in some areas of household borrowing. (more...)
Blackstone Mortgage Trust Inc (NYSE:BXMT): Institutional Investor Sentiment Up to 1.19 Blackstone Mortgage Trust Inc (NYSE:BXMT): Institutional Investor Sentiment Up to 1.19
- September 29, 2017

The stock decreased 0.25% or $0.08 during the last trading session, reaching $31.44. At the time of writing, Shares the company recently traded 19.30% away 52-week low and noted price movement -27.83% away from the 52-week high level. JMP Securities downgraded the shares of BXMT in report on Thursday, February 16 to "Mkt Perform" rating. The rating was maintained by Wood on Friday, April 7 with "Outperform". (more...)
$0.32 EPS Expected for Dominion Energy Midstream Partners LP (DM)
- September 29, 2017

The stock has "Sell" rating by Goldman Sachs on Friday, September 11. The firm has "Buy" rating given on Thursday, July 23 by DA Davidson. Finally, Stifel Nicolaus lifted their price objective on shares of Dominion Midstream Partners from $32.00 to $35.00 and gave the stock a "buy" rating in a research report on Thursday, January 26th. (more...)
Session Recap: Viewing Unusual Volume for Jabil Inc. (NYSE:JBL) Session Recap: Viewing Unusual Volume for Jabil Inc. (NYSE:JBL)
- September 29, 2017

The technology business posted $0.64 Earnings per share for the period, reaching the average forecast of $0.62 by $0.02, Bloomberg Earnings reports. In other news, CEO Mark T. Mondello sold 30,000 shares of the company's stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $30.47, for a total transaction of $914,100.00. (more...)
South Korea bans digital currency offerings South Korea bans digital currency offerings
- September 29, 2017

It added Friday's announcement doesn't mean the government has implicitly accepted trading of virtual currencies as part of its financial system, and will continue to monitor markets to see additional regulations are needed. The Situation: The Hong Kong Securities and Futures Commission has issued a statement explaining that, depending on the facts and circumstances of an initial coin offering ("ICO"), the ICO and any digital tokens that are offered or sold under it may be subject to the ... (more...)
Paymon Aliabadi Sells 13333 Shares of Exelon Corporation (NYSE:EXC) Stock
- September 29, 2017

About 304,660 shares traded. Foot Locker, Inc. (NYSE:FL) has risen 0.29% since September 27, 2016 and is uptrending. It has outperformed by 1.89% the S&P500. The firm earned "Buy" rating on Thursday, August 3 by Jefferies. $17.02 million worth of Exelon Corporation (NYSE: EXC ) shares were sold by SHATTUCK MAYO A III . (more...)
London house prices fall for first time in 8 years London house prices fall for first time in 8 years
- September 29, 2017

Annual price growth in Scotland was similar to last quarter at 1.9%, slightly up from 1.7% previously. In the South East values edged up by 3.9 per cent, while Yorkshire was the second-worst performing region with growth of 0.4 per cent. The Bank of England has recently proposed increasing interest rates , which are now at an all-time low of 0.25 percent. He explained: "This is partly because the proportion of borrowers directly impacted will be smaller than in the past". (more...)
United Kingdom aviation watchdog gives Ryanair compliance deadline United Kingdom aviation watchdog gives Ryanair compliance deadline
- September 29, 2017

The regulator's chief executive Andrew Haines had previously said he was "furious" with the carrier , after it cancelled an extra 18,000 flights in a move that would affect 400,000 people. It adds to mounting anger against Ryanair, which already came under heavy fire after cancelling up to 50 flights a day earlier this month. It's been a pretty rough few weeks for Ryanair (and their customers), after the airline initially cancelled hundreds of flights due to scheduling issues. (more...)