Money


Eurozone Second Quarter GDP Growth Confirmed At 0 Eurozone Second Quarter GDP Growth Confirmed At 0
- August 17, 2017

On a monthly basis, harmonized consumer prices dropped 0.5% in July. Romanian GDP also accelerated strongly, rising at 5.9 percent on the year in the second quarter and marking a step up from the first quarter's 5.7 per cent growth. Hungary's economy grew at an impressive 3.2 per cent year-on-year, but this marked a pullback from the 4.2 percent pace seen in the first quarter, and was a little shy of forecasts. (more...)
Why Traders Are Chasing Emerson Electric Co. (EMR), Telefonica, SA (TEF)
- August 17, 2017

The stock was acquired at an average cost of $25.50 per share, with a total value of $699,337.50. About 3.08M shares traded. It has outperformed by 1.77% the S&P500. Since May 15, 2017, it had 3 insider buys, and 0 sales for $3.37 million activity. $642,937 worth of stock was sold by Train Michael H . on Tuesday, February 21. (more...)
Alibaba Group Holding Limited (NASDAQ:BABA) Expected To Report Earnings On Thursday Alibaba Group Holding Limited (NASDAQ:BABA) Expected To Report Earnings On Thursday
- August 17, 2017

It has outperformed by 40.63% the S&P500. Global Thematic Partners Llc decreased Tiffany & Co New (NYSE:TIF) stake by 123,093 shares to 907,331 valued at $70.26 million in 2016Q4. Atlantic Securities downgraded it to "Overweight" rating and $80 target in Thursday, August 13 report. On Thursday, December 8 the stock rating was reinitiated by Morgan Stanley with "Overweight". (more...)
ING Groep NV Invests $3.38 Million in DCP Midstream Partners, LP (DCP) ING Groep NV Invests $3.38 Million in DCP Midstream Partners, LP (DCP)
- August 17, 2017

MSB's SI was 40,500 shares in August as released by FINRA. Its up 925% from 400 shares previously. The SI to Mesabi Trust's float is 0.31%. About 76,475 shares traded. The goal of the Trust is to conserve and protect the Trust Estate. Athena is a specialty beverage company, which develops, produces, markets and distributes a diversified portfolio of good-for-you consumer brands. (more...)
Target's profit, comp sales beat on higher customer visits Target's profit, comp sales beat on higher customer visits
- August 17, 2017

Excluding items, Target earned $1.23 per share in the quarter ended July 29, beating the average analyst estimate of $1.19, according to Thomson Reuters I/B/E/S. "I want to thank the team for their strong execution in the second quarter, which drove broad-based improvement in Target's performance". EBIT margin rate was 6.8 percent, compared with 7.7 percent in 2016. (more...)
Southwestern Energy Company (NYSE:SWN) Downgraded by BidaskClub
- August 17, 2017

Zions Bancorporation now has $9.21B valuation. The average volume of a stock suggests the liquidity of a particular company. About 591,334 shares traded. Lenox Wealth Mgmt holds 0.03% or 570 shares. Timber Creek Cap Ltd Company accumulated 600 shares. 29,395 are held by Virtus Advisers. The company reported its EPS on 6/29/2017. (more...)
Bristol Advisors LLC Buys Shares of 7400 CoreSite Realty Corporation (COR) Bristol Advisors LLC Buys Shares of 7400 CoreSite Realty Corporation (COR)
- August 17, 2017

Insider Trades for Kimco Realty Corporation show that the latest trade was made on 4 Aug 2017 where Flynn (Conor C), the Chief Executive Officer completed a transaction type "Sell" in which 10314 shares were traded at a price of $20.32. Kistler owns 24,615 shares or 0.2% of their U.S. portfolio. 9,469 were reported by Sei Invs. The stock of Kilroy Realty Corp (NYSE:KRC) earned "Neutral" rating by Bank of America on Wednesday, August 16. (more...)
(SLCA) With Shares Trading down at $24.89 US Silica Acquires Mississippi Sand,…
- August 17, 2017

For the Current Quarter, the growth estimate for U.S. Silica Holdings, Inc.is 461.5%, while for the Next Quarter the stock growth estimate is 885.7%. A raise from U.S. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of United States & global trademark and copyright laws. (more...)
Applied Materials, Inc. (AMAT) Position Held by Bellecapital International Ltd. Applied Materials, Inc. (AMAT) Position Held by Bellecapital International Ltd.
- August 17, 2017

About 2,255 shares traded. It is down 0.00% since August 17, 2016 and is. Parnassus Investments decreased Applied Materials Inc. Applied Materials, Inc. The rating was maintained by RBC Capital Markets on Tuesday, August 1 with "Hold". Morgan Stanley restated their overweight rating on shares of Applied Materials, Inc. (more...)
China suspends import of iron and seafood from North Korea China suspends import of iron and seafood from North Korea
- August 17, 2017

It is noted that the leaders of the United States and China have "very close relations", which can lead to "a peaceful resolution of the DPRK". However, Chinese foreign ministry spokesman Hua Chunying simultaneously decried USA president Donald Trump's intention to sign an executive momerandum on Monday launching an investigation into Beijing's violation of intellectual property laws. (more...)
Merck's African-American CEO Quits Advisory Board Over Trump's Charlottesville Remarks Merck's African-American CEO Quits Advisory Board Over Trump's Charlottesville Remarks
- August 17, 2017

Two more chief executives have resigned from President Trump's American Manufacturing Council following Charlottesville . The group, which Trump established in January with about two dozen members, is supposed to meet occasionally to offer the president advice on job growth. (more...)
Merck's Frazier resigns from Trump council Merck's Frazier resigns from Trump council
- August 17, 2017

President Trump's initial failure to condemn white supremacy on Saturday was too much for Kenneth Frazier . Frazier said that in his position as CEO, he felt responsible "to take a stand against intolerance and extremism". "For every CEO that drops out of the Manufacturing Council, I have many to take their place", the president tweeted. "I condemn the violence this weekend in Charlottesville, Virginia ", Chief Executive Andrew Liveris said in a statement. (more...)
We need a new model — Ryan on NAFTA We need a new model — Ryan on NAFTA
- August 17, 2017

The Associated Press reports that during Wednesday's meeting, the USA made it clear that they were not interested in changing the deal or updating a few chapters. The controversial trade deal has been blamed for auto companies moving production of smaller cars to Mexico. While preserving full market access is the USA red meat industry's leading priority in the NAFTA negotiations, Lively notes that the agreement's sanitary and phytosanitary (SPS) chapter should be updated to reflect current ... (more...)
Sterling bounces back on better than expected wage data Sterling bounces back on better than expected wage data
- August 17, 2017

The pair now trends above the level of 1.17. The eurozone economy is in a better position than it has been for years. Looking more long-term the EUR GBP exchange rate markets are likely to become increasingly focused on the economic growth in the Eurozone. (more...)
Analyst Research Roundup: Itau Unibanco Holding SA (ITUB), Athene Holding Ltd. (ATH)
- August 17, 2017

The stock rose 1.25% or $0.16 reaching $12.52 per share. About 5.24 million shares traded. Conning Inc. bought a new stake in Itau Unibanco Banco Holding SA during the first quarter valued at approximately $190,000. Redwood Limited Co reported 300,000 shares stake. Ls Advsrs Lc has invested 0.06% in Micron Technology, Inc. Since March 7, 2017, it had 0 buys, and 2 selling transactions for $1.32 million activity. (more...)
Wall Street Stock Recommendations: Wells Fargo & Company (WFC), Tesco Corporation (TESO) Wall Street Stock Recommendations: Wells Fargo & Company (WFC), Tesco Corporation (TESO)
- August 17, 2017

Applied Optoelectronics Inc now has $1.27 billion valuation. BERKSHIRE HATHAWAY INC sold $383.92 million worth of stock or 7.13M shares. About 828,153 shares traded. About 10 shares traded. The insider Lynch Walter sold $780,000. In related news, insider Hope A. Hardison sold 20,000 shares of Wells Fargo & stock in a transaction that occurred on Wednesday, June 7th. (more...)
ECB Worries About Strength of Euro, EUR/USD Drops to Three-Week Low ECB Worries About Strength of Euro, EUR/USD Drops to Three-Week Low
- August 17, 2017

Though economic expansion had strengthened and risks to the growth outlook were broadly balanced, it is yet to translate into stronger inflation dynamics, the minutes said. The rhetoric overall continues to suggest that the European Central Bank will be very cautious in removing policy accommodation despite greater optimism surrounding the growth outlook. (more...)
American Eagle Outfitters, Inc. (AEO) crosses SMA-50 below with -1.51% American Eagle Outfitters, Inc. (AEO) crosses SMA-50 below with -1.51%
- August 17, 2017

Glen Harbor Capital Management LLC increased its stake in American Eagle Outfitters by 2.2% in the first quarter. Parkwood LLC boosted its stake in shares of American Eagle Outfitters by 26.6% in the first quarter. The ex-dividend date will be Wednesday the 10th of May 2017. This dividend represents a yeild of $6.53 which is the dividend as a percentage of the current share price. (more...)
Woman discovers lost diamond ring on garden carrot Woman discovers lost diamond ring on garden carrot
- August 17, 2017

Her daughter-in-law, Colleen Daley, found the ring while harvesting carrots at the farm near Armena, Alberta, where Grams used to live. "I'm going to wear it because it still fits", she told CBC News . "I said we found your ring in the garden". Lena had removed her ring 16 years before to bake with her daughters and left it on the counter where they were working. (more...)
Oil prices decline after inventory data Oil prices decline after inventory data
- August 17, 2017

Crude inventories declined by 8.9 million barrels last week to 466.5 million, according to data from the Energy Information Administration Wednesday. USA production is now at levels not seen since July of 2015. Refinery inputs averaged 17.6 million barrels per day (MMBPD) for the week ended August 11, down 9,000 BPD from the previous week's average. That's more than double the forecast for a decline of 3.6 million barrels by analysts surveyed by S&P Global Platts. (more...)