Money


Barcelona vehicle rampage was part of larger planned attack Barcelona vehicle rampage was part of larger planned attack
- August 22, 2017

But a manhunt continues for the alleged driver of a van used in the main attack on pedestrians on Thursday in Barcelona. Police believe the cell members had planned to fill the vans with explosives and create a massive attack in Barcelona, the Catalan capital. (more...)
IShares Barclays 7-10 Year Treasury Bond Fund (IEF) Shares Move 0.02%
- August 22, 2017

When it comes to equity investing, being too confident may be just as detrimental as not being confident enough. Many investors may be looking too closely at stocks that have been on the rise, and they might not be checking on the underlying fundamental data. (more...)
LA Times Ousts Four Top Editors; Ross Levinsohn Named Publisher LA Times Ousts Four Top Editors; Ross Levinsohn Named Publisher
- August 22, 2017

Tronc's Chief Executive Justin C. Dearborn said Maharaj was replaced by veteran media executive Ross Levinsohn , who will serve as chief executive and publisher, and Jim Kirk, who will act as interim editor. Kirk was the editor and publisher of the Chicago Sun-Times. Last year, another Indian American at the LA Times , S. Mitra Kalita, who was the Managing Editor for Digital Strategy, left the newspaper to become the vice president for programming at CNN Digital. (more...)
Oil prices fall two percent after end-of-week rally Oil prices fall two percent after end-of-week rally
- August 22, 2017

USA hedge funds and money managers have already begun trimming wages on increasing prices, with Commodity Futures Trading Commission data displaying on Friday that investors had cut bullish bets on US crude for a second consecutive week. U.S. commercial crude inventories have fallen nearly 13% from their March peaks to 466.5 million barrels. The market would be expecting to see if the large inventory draws continue in the coming weeks, and if the draws were mostly the result of the driving ... (more...)
Gas prices fall 3 cents in RI, a nickel in Mass. Gas prices fall 3 cents in RI, a nickel in Mass.
- August 22, 2017

The states with the cheapest average gasoline prices are: SC ($2.05), Alabama ($2.08), MS ($2.08), Oklahoma ($2.10), Missouri ($2.10), Arkansas ($2.10), Tennessee ($2.12), Texas ($2.14), Louisiana ($2.14) and Virginia ($2.16). The average price of gas in Valdosta Sunday was $2.16 a gallon for regular fuel, down by a penny from seven days earlier, according to the AAA's Daily Fuel Gauge Report. (more...)
Foiled bomb plot a team effort: Minister Foiled bomb plot a team effort: Minister
- August 22, 2017

Lebanon's interior minister, Nouhad Machnouk, told a Saudi Arabia-owned TV channel that four Lebanese-Australian brothers, including one being held in Lebanon, were behind the plan, Sky News reported. Khaled, Mahmoud and Amer Khayat were all living in Australia but sometimes visited Lebanon, Mr Machnouk said in Beirut . Lebanon's Internal Security Force then placed the trio and a fourth brother Amer Khayat, under surveillance. (more...)
Focused Investors LLC Cuts Stake in Microsoft Corporation (MSFT) Focused Investors LLC Cuts Stake in Microsoft Corporation (MSFT)
- August 22, 2017

About 320 shares traded. Ecology and Environment (NASDAQ:EEI) has risen 5.70% since August 21, 2016 and is uptrending. It has outperformed by 17.82% the S&P500. Hamel Assocs holds 1.07% or 33,415 shares in its portfolio. Cardinal Capital Mgmt reported 2.22% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). (more...)
Which Insiders Are Selling Wells Fargo & Company (WFC)? Which Insiders Are Selling Wells Fargo & Company (WFC)?
- August 22, 2017

About shares traded. Wells Fargo & Co (NYSE: WFC ) has risen 9.67% since August 21, 2016 and is uptrending. The fund owned 335,532 shares of the financial services provider's stock after selling 424,652 shares during the period. Pub Sector Pension Invest Board reported 1.16% stake. Parallax Volatility Advisers Lp has 240,289 shares for 0.03% of their portfolio. 47,969 are held by Atlanta Capital Gp. (more...)
Ford launches scrappage scheme to remove pre-Euro 5 vehicles from road Ford launches scrappage scheme to remove pre-Euro 5 vehicles from road
- August 22, 2017

In order to be eligible for Ford's new scrappage scheme, you must have a pre-Euro 5 vehicle registered before December 2009. It follows hot on the heels of BMW and Mercedes-Benz's similar schemes, offering discounts on a selection of new models by trading in your old banger. (more...)
BHP Billiton Limited (ASX:BHP) Shareholder Return in Focus BHP Billiton Limited (ASX:BHP) Shareholder Return in Focus
- August 22, 2017

BHP's full year results, released on Tuesday morning, show an underlying profit of $US6.7 billion. "We have determined that our onshore U.S. assets are non-core and we are actively pursuing options to exit these assets for value", the company said. (more...)
How Does the Fundamental Picture Look for The Coca-Cola Company (KO)?
- August 22, 2017

Wolverine Asset Management Llc, which manages about $6.60B and $7.74B US Long portfolio, upped its stake in Ship Finance International L (Call) (NYSE:SFL) by 25,000 shares to 50,000 shares, valued at $742,000 in 2016Q4, according to the filing. (more...)
Summit Midstream Partners, LP C (NYSE:SMLP) Sees Significantly Lower Trading Volume Summit Midstream Partners, LP C (NYSE:SMLP) Sees Significantly Lower Trading Volume
- August 22, 2017

Envestnet Asset Management Inc. boosted its stake in Shell Midstream Partners, L.P.by 1.4% in the first quarter. The Shareholder Yield (Mebane Faber) of EnLink Midstream Partners, LP NYSE:ENLK is 0.01748. Credit Suisse upgraded the stock to "Outperform" rating in Monday, May 8 report. RBC Capital Markets maintained Apple Inc. The firm has "Hold" rating given on Tuesday, August 11 by Stifel Nicolaus. (more...)
Alibaba Group Holding Limited (NYSE:BABA) Trending Above The Moving Averages Alibaba Group Holding Limited (NYSE:BABA) Trending Above The Moving Averages
- August 22, 2017

Stocks buyback plans are typically a sign that the firms board believes its shares is undervalued. Howe & Rusling Inc, which manages about $798.49 million and $455.85M US Long portfolio, upped its stake in Vanguard Index Fds (VTI) by 5,009 shares to 36,404 shares, valued at $4.20 million in 2016Q4, according to the filing. (more...)
Earnings Forecast of Celgene Corporation (CELG) Earnings Forecast of Celgene Corporation (CELG)
- August 22, 2017

Credit Suisse maintained the stock with "Outperform" rating in Tuesday, July 18 report. The firm earned "Buy" rating on Wednesday, July 12 by RBC Capital Markets. Point72 Asset Mgmt Ltd Partnership invested in 646,900 shares or 0.52% of the stock. Celgene Corporation (CELG)'s mean Altman Z-Score: 4.47 during the last 7 years. (more...)
RB Capital Management LLC Takes Position in Ford Motor Company (F)
- August 22, 2017

The Gargoyle Investment Advisor Llc holds 140,744 shares with $1.71M value, down from 234,735 last quarter. Deschutes Portfolio Strategy LLC boosted its stake in Ford Motor by 8.7% in the first quarter. The stock of Ford Motor Company (NYSE:F) has "Hold" rating given on Monday, August 7 by Jefferies. Vetr raised General Motors from a "hold" rating to a "buy" rating and set a $37.42 price objective for the company in a report on Monday, July 24th. (more...)
Energy Transfer Equity, LP (ETE) Earning Somewhat Favorable Press Coverage, Analysis Finds
- August 22, 2017

EPS long term mean growth rate estimated by 2 analysts is at 4.32%, whereas, the high and low Long term growth rate estimated at 15.95 and -7.3. Therefore 84% are positive. Among 15 analysts covering Energy Transfer Equity LP (NYSE:ETE), 11 have Buy rating , 0 Sell and 4 Hold. Therefore 75% are positive. Energy Transfer Partners had 48 analyst reports since August 10, 2015 according to SRatingsIntel. (more...)
Guggenheim Enhanced Equity Strategy Fund (NYSE:GGE) Sentiment Crashes in Q4 2016 Guggenheim Enhanced Equity Strategy Fund (NYSE:GGE) Sentiment Crashes in Q4 2016
- August 21, 2017

The D-E Shaw & Company Inc holds 672,700 shares with $35.91 million value, down from 1.40M last quarter. The stock declined 0.07% or $0.08 reaching $116.79 on the news. The ex-dividend date of this dividend was Thursday, July 6th. The firm has "Neutral" rating by Citigroup given on Monday, August 22. MoffettNathanson upgraded Verizon Communications Inc . (more...)
Exxon Mobil Corporation (XOM) now has a monthly volatility of 0.97%
- August 22, 2017

Exxon Mobil Corporation (NYSE: XOM ) has declined 9.08% since August 21, 2016 and is downtrending. It has underperformed by 89.03% the S&P500. MAX SOUND CORPORATION (OTCMKTS:MAXD) had an increase of 37.05% in short interest. Strategic Advisors Ltd Liability Company holds 1.51% or 31,923 shares. Therefore 38% are positive. Exxon Mobil Corporation has a 52 week low of $76.05 and a 52 week high of $93.22. (more...)
Banks Hint Strike On Tuesday Against Mergers? Banks Hint Strike On Tuesday Against Mergers?
- August 21, 2017

Led by Arun Kumar Gupta, General Secretary, JPBEF, the Federation members assembled at Shalamar Chowk and raised slogans in support of their demands. Even though banks have not made any formal announcement related to the strike , there is a possibility that most public sector banks may remain closed on Tuesday. (more...)
Taking a Look at the Operational Data for General Electric Company (GE)
- August 21, 2017

The stock declined 0.04% or $0.01 reaching $24.54 on the news. Price T Rowe Assoc Inc Md holds 1.71 million shares. Relative strength index (RSI-14) for General Electric Company (GE ) is at 25.85. Columbia Partners L L C Investment Management's holdings in General Electric were worth $5,216,000 at the end of the most recent reporting period. Dimensional Fund Advsr Lp has 0.02% invested in El Paso Electric Company (NYSE:EE) for 964,699 shares. (more...)