Money
British inflation hits six-year high, triggers Carney letter to Hammond
- December 12, 2017
Mr Carney had said that he expected inflation to peak in October or November. Core y/y inflation remained unchanged at 2.7%. But some of the latest surveys suggest that service sector costs and prices are rising. It also noted that prices for butter and fish had grown as well an increase in the cost of fresh pork. "It seems the United Kingdom has taken one step forward in Brexit negotiations last week, then two back with inflation rising and pessimists rightly pointing out that stage one ... (more...)
- December 12, 2017
Mr Carney had said that he expected inflation to peak in October or November. Core y/y inflation remained unchanged at 2.7%. But some of the latest surveys suggest that service sector costs and prices are rising. It also noted that prices for butter and fish had grown as well an increase in the cost of fresh pork. "It seems the United Kingdom has taken one step forward in Brexit negotiations last week, then two back with inflation rising and pessimists rightly pointing out that stage one ... (more...)
Scholtz & Company LLC Has $4.10 Million Stake in Comcast Corporation (CMCSA)
- December 12, 2017
As regular trading ended, Comcast Corporation ( CMCSA ) stock brought in a $0.06 rise to $37.95. It has outperformed by 12.26% the S&P500. Telemus Capital Llc acquired 8,867 shares as Comcast Corp New (CMCSA)'s stock rose 3.16%. This represents a decrease of -8% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. (more...)
- December 12, 2017
As regular trading ended, Comcast Corporation ( CMCSA ) stock brought in a $0.06 rise to $37.95. It has outperformed by 12.26% the S&P500. Telemus Capital Llc acquired 8,867 shares as Comcast Corp New (CMCSA)'s stock rose 3.16%. This represents a decrease of -8% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. (more...)
Diehard Bargain Hunter: Alibaba Group Holding Limited (BABA), AbbVie Inc. (ABBV)
- December 12, 2017
Alibaba Group Hldg Ltd now has $458.92 billion valuation. The volume of PBF witnessed a shift from 1.77 million shares, based on a 50-day average, to 2.15 million shares. The firm earned "Outperform" rating on Wednesday, October 28 by Oppenheimer. Investors sentiment decreased to 0.84 in Q2 2017. Its down 0.14, from 0.98 in 2017Q1. (more...)
- December 12, 2017
Alibaba Group Hldg Ltd now has $458.92 billion valuation. The volume of PBF witnessed a shift from 1.77 million shares, based on a 50-day average, to 2.15 million shares. The firm earned "Outperform" rating on Wednesday, October 28 by Oppenheimer. Investors sentiment decreased to 0.84 in Q2 2017. Its down 0.14, from 0.98 in 2017Q1. (more...)
CVS Health Corp (CVS) Holdings Lifted by Teachers Advisors LLC
- December 12, 2017
At the close of regular trading, its last week's stock price volatility was 2.7% which for the month reaches 3.08%. Mach. (NYSE:IBM) stake by 3,800 shares to 9,853 valued at $1.52M in 2017Q2. It also upped Ally Finl Inc (NYSE:ALLY) stake by 186,494 shares and now owns 445,501 shares. Koshinski Asset accumulated 17,412 shares. Arrowstreet Ltd Partnership owns 27,500 shares. (more...)
- December 12, 2017
At the close of regular trading, its last week's stock price volatility was 2.7% which for the month reaches 3.08%. Mach. (NYSE:IBM) stake by 3,800 shares to 9,853 valued at $1.52M in 2017Q2. It also upped Ally Finl Inc (NYSE:ALLY) stake by 186,494 shares and now owns 445,501 shares. Koshinski Asset accumulated 17,412 shares. Arrowstreet Ltd Partnership owns 27,500 shares. (more...)
S&P 500, Dow indexes hit new highs
- December 12, 2017
The S&P 500 index rose 8.49 points, or 0.3%, to 2,659.99. The Fed is scheduled to issue an interest rate policy update on Wednesday. That would be the third interest rate hike by the central bank this year. In the healthcare sector, Allergan climbed 3% to $172.76. Drugmaker Bluebird Bio surged 17.9 percent after it reported results from an early study of a cancer treatment that the company is developing with Celgene . (more...)
- December 12, 2017
The S&P 500 index rose 8.49 points, or 0.3%, to 2,659.99. The Fed is scheduled to issue an interest rate policy update on Wednesday. That would be the third interest rate hike by the central bank this year. In the healthcare sector, Allergan climbed 3% to $172.76. Drugmaker Bluebird Bio surged 17.9 percent after it reported results from an early study of a cancer treatment that the company is developing with Celgene . (more...)
Highbridge Capital Management LLC Raises Position in Darden Restaurants, Inc. (DRI)
- December 12, 2017
After $0.91 actual EPS reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts 137.36% EPS growth. The stock appeared $95.22 above its 52-week highs and is up 1.61% for the last five trades. Therefore 29% are positive. The stock now has an average rating of "Hold" and an average target price of $88.73. Candriam Luxembourg S.C.A. now owns 6,091 shares of the restaurant operator's stock valued at $551,000 after buying an additional 286 shares during the ... (more...)
- December 12, 2017
After $0.91 actual EPS reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts 137.36% EPS growth. The stock appeared $95.22 above its 52-week highs and is up 1.61% for the last five trades. Therefore 29% are positive. The stock now has an average rating of "Hold" and an average target price of $88.73. Candriam Luxembourg S.C.A. now owns 6,091 shares of the restaurant operator's stock valued at $551,000 after buying an additional 286 shares during the ... (more...)
The ValuEngine Lowers Endo International PLC (ENDP) to Hold
- December 12, 2017
Kamunting Street Capital Management L.P., a Connecticut-based fund reported 241,740 shares. Hl Service Ltd Limited Liability Company, a Kentucky-based fund reported 52,800 shares. In terms of Buy, Sell or Hold recommendations, Endo Int'l Plc (NASDAQ:ENDP) has analysts' mean recommendation of 2.8. Therefore 32% are positive. Endo International PLC's revenue for the quarter was up 7.7% compared to the same quarter a year ago. (more...)
- December 12, 2017
Kamunting Street Capital Management L.P., a Connecticut-based fund reported 241,740 shares. Hl Service Ltd Limited Liability Company, a Kentucky-based fund reported 52,800 shares. In terms of Buy, Sell or Hold recommendations, Endo Int'l Plc (NASDAQ:ENDP) has analysts' mean recommendation of 2.8. Therefore 32% are positive. Endo International PLC's revenue for the quarter was up 7.7% compared to the same quarter a year ago. (more...)
Supermarket sales pushed up by grocery inflation ahead of Christmas, shows data
- December 12, 2017
The market intelligence company said that like-for-like grocery inflation now stands at 3.6 per cent - the highest it's been since 2013. Alcohol sales are up by almost £172 million compared to this time past year and while volume sales have increased, this impressive growth is mainly a result of consumers choosing more expensive festive tipples. (more...)
- December 12, 2017
The market intelligence company said that like-for-like grocery inflation now stands at 3.6 per cent - the highest it's been since 2013. Alcohol sales are up by almost £172 million compared to this time past year and while volume sales have increased, this impressive growth is mainly a result of consumers choosing more expensive festive tipples. (more...)
Zurich to become Australia's largest retail life insurer
- December 12, 2017
The sale will raise questions about what the ANZ will do with the money. Zurich Insurance Group AG's decision to acquire the life-insurance businesses of Australia & New Zealand Banking Group Ltd. The Zurich deal also comes after ANZ Bank sold its wealth advisory business to Melbourne-based IOOF Holdings Ltd in October. "From the outset, we've been focused on partnering with a high-quality organisation culturally aligned to ANZ, and we're pleased we will be able to provide our customers ... (more...)
- December 12, 2017
The sale will raise questions about what the ANZ will do with the money. Zurich Insurance Group AG's decision to acquire the life-insurance businesses of Australia & New Zealand Banking Group Ltd. The Zurich deal also comes after ANZ Bank sold its wealth advisory business to Melbourne-based IOOF Holdings Ltd in October. "From the outset, we've been focused on partnering with a high-quality organisation culturally aligned to ANZ, and we're pleased we will be able to provide our customers ... (more...)
Financial Indicators and Analyst Sentiment for JPMorgan Chase & Co. (NYSE:JPM)
- December 12, 2017
Perrigo Company plc, together with its subsidiaries, develops, makes, markets, and distributes over-the-counter consumer goods and pharmaceutical products worldwide. (NYSE: JPM ). Vaughan Nelson Inv Limited Partnership, a Texas-based fund reported 15,245 shares. The stock of JPMorgan Chase & Co. Westport Asset Management Inc holds 7.47% of its portfolio in Rogers Corporation for 80,000 shares. (more...)
- December 12, 2017
Perrigo Company plc, together with its subsidiaries, develops, makes, markets, and distributes over-the-counter consumer goods and pharmaceutical products worldwide. (NYSE: JPM ). Vaughan Nelson Inv Limited Partnership, a Texas-based fund reported 15,245 shares. The stock of JPMorgan Chase & Co. Westport Asset Management Inc holds 7.47% of its portfolio in Rogers Corporation for 80,000 shares. (more...)
Iron Mountain Incorporated Launches Common Stock Offering
- December 12, 2017
The Advantus Capital Management Inc holds 379,401 shares with $9.12M value, up from 360,101 last quarter. Parnassus Investments CA raised its position in shares of Iron Mountain by 3.8% in the first quarter. The ex-dividend date of this dividend is Thursday, December 14th. The Shareholder Yield (Mebane Faber) of Iron Mountain Incorporated NYSE:IRM is 0.00594. (more...)
- December 12, 2017
The Advantus Capital Management Inc holds 379,401 shares with $9.12M value, up from 360,101 last quarter. Parnassus Investments CA raised its position in shares of Iron Mountain by 3.8% in the first quarter. The ex-dividend date of this dividend is Thursday, December 14th. The Shareholder Yield (Mebane Faber) of Iron Mountain Incorporated NYSE:IRM is 0.00594. (more...)
SEC Halts Virtual Coin Offering, Warns Investors of Cryptocurrencies
- December 12, 2017
The SEC told investors that no ICOs have been registered with the financial regulator and that it has not approved for listing and trading any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies. (more...)
- December 12, 2017
The SEC told investors that no ICOs have been registered with the financial regulator and that it has not approved for listing and trading any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies. (more...)
Stryker Corp (NYSE:SYK) Q2 2017 Sentiment
- December 12, 2017
Private Capital Management Llc, a Florida-based fund reported 388,035 shares. The stock increased 0.93% or $0.31 during the last trading session, reaching $33.48. Spears Abacus Advsrs Ltd Llc reported 5,600 shares stake. After $0.91 actual earnings per share reported by Brunswick Corporation for the previous quarter, Wall Street now forecasts -16.48% negative EPS growth. (more...)
- December 12, 2017
Private Capital Management Llc, a Florida-based fund reported 388,035 shares. The stock increased 0.93% or $0.31 during the last trading session, reaching $33.48. Spears Abacus Advsrs Ltd Llc reported 5,600 shares stake. After $0.91 actual earnings per share reported by Brunswick Corporation for the previous quarter, Wall Street now forecasts -16.48% negative EPS growth. (more...)
What Does Wall Street Say about Hecla Mining Company (NYSE:HL)?
- December 12, 2017
State Street Corp increased its position in shares of Hecla Mining Company by 14.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 33,535,987 shares of the basic materials company's stock worth $168,350,000 after acquiring an additional 198,411 shares in the last quarter. (more...)
- December 12, 2017
State Street Corp increased its position in shares of Hecla Mining Company by 14.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 33,535,987 shares of the basic materials company's stock worth $168,350,000 after acquiring an additional 198,411 shares in the last quarter. (more...)
Nobel Peace Prize victor: Nuclear war 'may be one tiny tantrum away'
- December 12, 2017
ICAN, a global coalition of 440 partner organizations in 98 countries, was honored for its efforts to advance the Treaty on the Prohibition of Nuclear Weapons, which was successfully finalized by two-thirds of the United Nations' 192 members this summer. (more...)
- December 12, 2017
ICAN, a global coalition of 440 partner organizations in 98 countries, was honored for its efforts to advance the Treaty on the Prohibition of Nuclear Weapons, which was successfully finalized by two-thirds of the United Nations' 192 members this summer. (more...)
Scan For Analyst Views: Genpact Limited (G), Discovery Communications, Inc. (DISCA)
- December 12, 2017
Deutsche Bank initiated Discovery Communications, Inc . The lowest price the stock reached in the last trading day was $9.26 and compares with the $7.02 52-week low. (NASDAQ:MELI). Wellington Grp Ltd Liability Partnership reported 0% of its portfolio in Mercadolibre, Inc. Panagora Asset Mgmt Incorporated accumulated 18,883 shares. (more...)
- December 12, 2017
Deutsche Bank initiated Discovery Communications, Inc . The lowest price the stock reached in the last trading day was $9.26 and compares with the $7.02 52-week low. (NASDAQ:MELI). Wellington Grp Ltd Liability Partnership reported 0% of its portfolio in Mercadolibre, Inc. Panagora Asset Mgmt Incorporated accumulated 18,883 shares. (more...)
Featured Stock to Focus: Eli Lilly and Company (LLY)
- December 12, 2017
About 1.36M shares traded. Apartment Investment and Management Company (NYSE:AIV) has risen 4.52% since December 11, 2016 and is uptrending. It has outperformed by 47.84% the S&P500. Atria has invested 0.02% in T-Mobile US, Inc. Reilly Financial Advsr Ltd Liability Corp reported 1,588 shares. Twin Management invested in 0.24% or 49,180 shares. (more...)
- December 12, 2017
About 1.36M shares traded. Apartment Investment and Management Company (NYSE:AIV) has risen 4.52% since December 11, 2016 and is uptrending. It has outperformed by 47.84% the S&P500. Atria has invested 0.02% in T-Mobile US, Inc. Reilly Financial Advsr Ltd Liability Corp reported 1,588 shares. Twin Management invested in 0.24% or 49,180 shares. (more...)
Amazon.com (NASDAQ:AMZN) Stock Rating Reaffirmed by JMP Securities
- December 12, 2017
Financial Prtnrs Capital Mgmt Limited Company owns 1,105 shares. The stock increased 0.60% or $6.92 during the last trading session, reaching $1168.92. The firm has "Buy" rating by Maxim Group given on Tuesday, June 6. The company was upgraded on Friday, October 27 by Raymond James. (NASDAQ: AMZN ). Pitcairn invested 1.11% of its portfolio in Amazon.com, Inc. (more...)
- December 12, 2017
Financial Prtnrs Capital Mgmt Limited Company owns 1,105 shares. The stock increased 0.60% or $6.92 during the last trading session, reaching $1168.92. The firm has "Buy" rating by Maxim Group given on Tuesday, June 6. The company was upgraded on Friday, October 27 by Raymond James. (NASDAQ: AMZN ). Pitcairn invested 1.11% of its portfolio in Amazon.com, Inc. (more...)
Time Warner Inc (NYSE:TWX) Q2 2017 Sentiment
- December 12, 2017
Eldorado Gold Corp New now has $917.99M valuation. The stock increased 0.53% or $0.3 during the last trading session, reaching $56.46. Moreover, Villere St Denis J & Co Llc has 3.79% invested in the company for 955,894 shares. (NYSE:BIO) to report earnings on February, 22. It closed at $1.16 lastly. TWX's profit will be $1.14 billion for 15.53 P/E if the $1.46 EPS becomes a reality. (more...)
- December 12, 2017
Eldorado Gold Corp New now has $917.99M valuation. The stock increased 0.53% or $0.3 during the last trading session, reaching $56.46. Moreover, Villere St Denis J & Co Llc has 3.79% invested in the company for 955,894 shares. (NYSE:BIO) to report earnings on February, 22. It closed at $1.16 lastly. TWX's profit will be $1.14 billion for 15.53 P/E if the $1.46 EPS becomes a reality. (more...)
Oakland workers suspend strike - but no contract in place
- December 12, 2017
Although the city's emergency services have been operating, the strike shut down street cleaning, road repairs, libraries, child care centers, senior care centers, building inspections and other city services. On Thursday the city released its latest public offer, which did not include the wage increases the union wants, before declaring an impasse on Friday. (more...)
- December 12, 2017
Although the city's emergency services have been operating, the strike shut down street cleaning, road repairs, libraries, child care centers, senior care centers, building inspections and other city services. On Thursday the city released its latest public offer, which did not include the wage increases the union wants, before declaring an impasse on Friday. (more...)
Latest news
Falling German crime stats 'speak for themselves,' Merkel says after Trump's tweet