Money


IMD predicts normal southwest monsoon for this year IMD predicts normal southwest monsoon for this year
- April 23, 2017

According to IMD director general KJ Ramesh , there is a relatively moderate possibility of El Nino conditions developing over the equatorial Pacific during the second half of the monsoon months (June-September). The monsoon is the lifeblood for India's farm-dependent $ 2 trillion economy and almost two thirds of India's 1.3 billion people depend on agriculture for a living. (more...)
Banco Bradesco SA (ADR) (NYSE:BBD) & Bed Bath & Beyond Inc. (NASDAQ:BBBY) Banco Bradesco SA (ADR) (NYSE:BBD) & Bed Bath & Beyond Inc. (NASDAQ:BBBY)
- April 23, 2017

The RSI oscillates between zero and 100. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The company reported an impressive total revenue of 0 in the last fiscal year. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. (more...)
Admiral Group plc (ADM) Stock Rating Reaffirmed by BNP Paribas
- April 23, 2017

The stock now has a consensus rating of "Hold" and a consensus price target of GBX 54.15 ($0.68). This is indicating the analyst believes there is a potential upside of 32 .4% from today's opening price of 472.15 GBX. Peel Hunt reaffirmed a hold rating and issued a GBX 2,012 ($24.98) price target on shares of Admiral Group plc in a research report on Friday, January 13th. (more...)
Paris Terror Attack Halts Presidential Campaign, But Looms Large as Vote Nears Paris Terror Attack Halts Presidential Campaign, But Looms Large as Vote Nears
- April 23, 2017

Trump later told the Associated Press that the attacks would "probably help" far-right candidate Marine Le Pen in France's upcoming election, and while he declined to specifically endorse her, he said she was "strongest on borders, and she's the strongest on what's been going on in France ". (more...)
Taking a Fresh Look at Umpqua Holdings Corporation (UMPQ)
- April 23, 2017

The business is scheduled to report its next earnings report after the market closes on Wednesday, April 19th. Umpqua Holdings Corporation has a 52-week low of $14.42 and a 52-week high of $19.30. UBS Asset Management Americas Inc. increased its position in Umpqua Holdings Corp by 2.8% in the third quarter. Elkfork Partners LLC acquired a new stake in shares of Umpqua Holdings Corporation during the fourth quarter valued at approximately $135,000. (more...)
Synergy Pharmaceuticals' (SGYP) Buy Rating Reiterated at BTIG Research
- April 23, 2017

RSI oscillates between zero and 100. Usually the RSI is considered overbought when above 70 and oversold when less than 30. Finally, Oppenheimer Holdings Inc. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. 03/28/2017 - Synergy Pharmaceuticals, Inc. had its "buy" rating reiterated by analysts at Rodman & Renshaw. (more...)
Featured Stock to See: Steel Dynamics Inc. (STLD) Featured Stock to See: Steel Dynamics Inc. (STLD)
- April 23, 2017

Steel Dynamics, Inc. has a 52-week low of 22.62 and a 52-week high of 40.17. The total market capitalization remained at $7.67 billion. The firm also recently announced a quarterly dividend, which was paid on Monday, April 10th. Union Pacific Corporation (UNP) opened the session with a $106.79 price tag, later ranging from $106.27 to $107.78, the range at which the stock has traded at throughout the day. (more...)
Stocks Alert - eBay Inc (NASDAQ:EBAY) Stocks Alert - eBay Inc (NASDAQ:EBAY)
- April 23, 2017

Online retailer eBay reported first quarter revenues at United States dollars 2.2 billion, up 4 percent from the year earlier on a reported basis and 7 percent at constant currency. Another thing we liked is the announced partnership with the Singapore-based e-commerce Flipkart (Flipkart is a leader in the Indian e-commerce sector). (more...)
Johnson & Johnson, Harley-Davidson Beat On Earnings, Miss On Sales Johnson & Johnson, Harley-Davidson Beat On Earnings, Miss On Sales
- April 23, 2017

The motorcycle company reported net income of $250.49 million during its first quarter of the previous year. First quarter net income was $186.4 million on consolidated revenue of $1.50 billion versus net income of $250.5 million on consolidated revenue of $1.75 billion in the first quarter of a year ago. (more...)
United Airlines boss will not resign after passenger dragged off plane United Airlines boss will not resign after passenger dragged off plane
- April 23, 2017

Middle Eastern carriers seized on the social media storm surrounding the forced removal of a passenger from a United Airlines flight to hit back at one of the arch-critics of their breakneck expansion. Dao was ultimately taken off the flight and injured in the process. United also took a hit on the stock market. No passengers on the plane have mentioned that Dao did anything but refuse to leave the plane when he was ordered to do so. (more...)
Radian Group Inc (NYSE:RDN), DiamondRock Hospitality Company (NYSE:DRH) Radian Group Inc (NYSE:RDN), DiamondRock Hospitality Company (NYSE:DRH)
- April 23, 2017

The firm's quarterly revenue was down 11.6% on a year-over-year basis. It has outperformed by 14.20% the S&P500. Market Capitalization if basically the market value of the company's shares outstanding. Evercore ISI lowered shares of DiamondRock Hospitality Company from a "hold" rating to an "underperform" rating in a report on Friday, March 3rd. Since December 9, 2016, it had 0 buys, and 1 insider sale for $343,400 activity. (more...)
Theranos agrees to pay $4.65 million in Arizona refunds Theranos agrees to pay $4.65 million in Arizona refunds
- April 23, 2017

Troubled blood diagnostics company Theranos has finally ended its disputes with the Arizona Attorney General's office and the Centers for Medicare & Medicaid Services (CMS). Similar to the federal settlement, it can not operate any laboratories in Arizona for two years. The company, based in Palo Alto, Calif. was formed in 2003 as an alternative to traditional blood tests, touting its ability to perform more than 200 tests from a few drops of blood. (more...)
Who gained the most today? Alaska Air Group, Inc. : ALK Who gained the most today? Alaska Air Group, Inc. : ALK
- April 23, 2017

Alaska Air Group ALK has a 52 week low of $54.51 and a 52 week high of $101.43 with a P/E ratio of 13.24 The company's market cap is now $0. Zacks Investment Research upgraded shares of Alaska Air Group from a hold rating to a buy rating and set a $104.00 target price for the company in a research note on Monday, January 16th. (more...)
WisdomTree Investments, Inc. (WETF) Closed its Previous Trade at $8.44
- April 23, 2017

Its down 0.27, from 1.3 in 2016Q3. During the same period in the prior year, the firm posted $0.15 earnings per share. It has outperformed by 13.58% the S&P500. Jpmorgan Chase Co owns 717,028 shares. 17,544 were reported by Gsa Cap Prns Llp. About shares traded. WisdomTree Investments, Inc. Rhumbline Advisers reported 215,016 shares or 0.01% of all its holdings. (more...)
Analysts Set CF Industries Holdings, Inc. (CF) Price Target at $31.33 Analysts Set CF Industries Holdings, Inc. (CF) Price Target at $31.33
- April 23, 2017

These analysts and investment firms use various valuation methods to decide a price target for a stock. Over 12 months CF Industries Holdings's share price has decreased from 30.03 to 27.51, a change of -8.39%. (CF) could bring EPS of $-0.05/share. Thus the company showed an Earnings Surprise of -680 Percent. (CF) has the market capitalization of 6.41 Billion. (more...)
Kyle Larson to start on pole with Bristol qualifying rained out Kyle Larson to start on pole with Bristol qualifying rained out
- April 23, 2017

The biggest thing I will be paying attention to on Friday is the qualifying after the Texas Sh*t show. This season there is a lot more urgency at Bristol since he is still looking for his first win of the year. "I feel as though we're competitive and we're close, but we're not there". You've got to groom in the different grooves and then it's gonna change once you get into the race and go into its optimum performance level. (more...)
Facebook will soon let you type with your brain Facebook will soon let you type with your brain
- April 23, 2017

During the second day of Facebook's annual F8 developer conference, Regina Duggan, vice president of Engineering and head of Building 8, asked: "What if you could type directly from your brain?" Facebook announced: "This is about decoding the words you've already made a decision to share by sending them to the speech centre of your brain". (more...)
Rogers Communications' 1st-qtr profit jumps 28 pct (RCI.)
- April 23, 2017

Morgan Stanley upped their target price on shares of Rogers Communications from C$54.00 to C$61.00 in a report on Thursday, April 13th. The stock presently has an average rating of Buy and a consensus target price of C$60.81. If you are viewing this story on another publication, it was copied illegally and republished in violation of U.S. & worldwide trademark and copyright legislation. (more...)
OPEC: Nigeria's oil output still at 1.55m barrels
- April 23, 2017

Reports this week said that OPEC kingpin Saudi Arabia is pushing the cartel's producers to extend the agreement by another six months at their meeting in May. The focus is also turning to the start of the US summer driving season, which could support prices. The offers will add to a glut of light oil supplies in Asia, increasing competition with fellow Gulf producer Abu Dhabi National Oil Co and Russian Federation, said multiple sources, who declined to be identified due to the sensitivity ... (more...)
Samsung forecast beats estimates despite scandals and fires
- April 22, 2017

Analysts also said Samsung was likely to continue benefitting from the strong global demand for memory chips, especially NAND flash chips used for long-term data storage, throughout this year. Samsung scrapped its flagship smartphones past year after they overheated and caught fire, leaving billions of dollars in financial damages and hurting its reputation. (more...)