Money


United States stocks open higher; S&P 500 tracking for best year since 2013 United States stocks open higher; S&P 500 tracking for best year since 2013
- December 29, 2017

Tech stocks also came out in the green, with BlackBerry ahead three cents to $14.23, while Open Text rose $2.88, or 6.9%, to $44.65, after S&P Dow Jones Indices announced after the bell on Wednesday that the stock will be added to the S&P/TSX 60, 60 Capped and 60 Equal Weight Indices to replace Agrium Inc. (more...)
Jack in the Box to sell 'munchie meal' in California Jack in the Box to sell 'munchie meal' in California
- December 29, 2017

According to Merry Jane , both brands are launching a campaign offering a limited-edition " MERRY Munchie Meal " at select Jack in the Box locations. Still, this isn't really so different from everything else on Jack in the Box's menu, which already shows its hand on regular Munchie Meals aimed at the late-night crowd with cravings for bad-for-you treats and the occasional two-tacos-for-$.99 deals. (more...)
Ripple Surges to Become The Second Most Valued Cryptocurrency, Leaves Ethereum Behind Ripple Surges to Become The Second Most Valued Cryptocurrency, Leaves Ethereum Behind
- December 29, 2017

Bitcoin and ethereum were down Monday. The consortium has already developed a payment app that uses Ripple's technology to enable near instantaneous funding, without risking user security or control. "There's no question there's a lot of hype in this system". TechCrunch founder Mike Arrington also announced at the end of November that he is launching a $100 million "cryptofund" that will be denominated in XRP. (more...)
Are Analysts Bearish BT Group plc (NYSE:BT) After Last Week?
- December 29, 2017

Miracle Mile Limited Company, California-based fund reported 1,936 shares. Spinnaker Tru has 0.03% invested in Facebook, Inc. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 29, 2016 and is uptrending. Finally, Citigroup restated a "neutral" rating and set a $250.00 target price (up from $225.00) on shares of Goldman Sachs Group in a report on Monday, October 9th. (more...)
How Does Bank of America Corporation (BAC) Stack Up Right Now?
- December 29, 2017

Kanawha Capital Management Llc who had been investing in Cigna Corp for a number of months, seems to be bullish on the $50.60 billion market cap company. Since December 13, 2017, it had 1 buy, and 0 insider sales for $120,064 activity. Shares for $4.99 million were sold by Kelly Aengus. ED's SI was 9.41M shares in December as released by FINRA. (more...)
Freeport-McMoRan Inc (FCX) Shares Bought by Engineers Gate Manager LP Freeport-McMoRan Inc (FCX) Shares Bought by Engineers Gate Manager LP
- December 29, 2017

The counter witnessed a trading volume of 2.22 million shares versus an average volume of 0.5 million shares during last trading session. (NYSE: FCX ). According to the latest data, the consensus recommendation for Freeport-McMoRan Inc. On the stock's most recent trading day, the company's shares ended the regular session at $18.69, which is 0.53% lower than its 52-week high. (more...)
Overbought stock to Target: FedEx Corporation (FDX)
- December 29, 2017

It has underperformed by 9.03% the S&P500. Catawba Capital Management increased its stake in Fedex Corporation Com ( FDX ) by 6.91% based on its latest 2017Q3 regulatory filing with the SEC. UBS maintained FedEx Corporation (NYSE: FDX ) on Wednesday, June 21 with "Buy" rating. There has been an observed change of -13.18% in the ownership of the shares in the past six months. (more...)
Crude stockpiles fall, keeping crude near $60 a barrel Crude stockpiles fall, keeping crude near $60 a barrel
- December 29, 2017

Visit MarketWatch.com for more information on this news. U.S. West Texas Intermediate (WTI) crude futures were at $60.21 a barrel, up 0.6 percent from their last close, after hitting a June 2015 high of $60.32 earlier in the day, Brent crude futures - the global benchmark - were also up, rising 0.7 percent to $66.61 a barrel. (more...)
Tesla pick-up truck to follow the Model Y in 2019 Tesla pick-up truck to follow the Model Y in 2019
- December 29, 2017

And Elon Musk being Elon Musk, happily obliged, and confirmed that the company will start working on an electric pick-up truck once Model Y goes on sale by end of 2019. When asked about the Tesla pick-up's size, Musk responded that it would be similar to the class-leading F-150. Among the improvements that will be brought to Teslas via an over-the-air firmware download are upgrades to maps and navigation , general system browsing, and the long-awaited addition of rain-sensing wipers. (more...)
Piedmont Investment Advisors LLC Acquires 1518 Shares of Occidental Petroleum Corporation (OXY)
- December 29, 2017

BMO Capital Markets set a $60.00 price target on Occidental Petroleum and gave the stock a "hold" rating in a research report on Tuesday, October 10th. HARVEST FUND ADVISORS LLC also announced decreased position in Plains All American Pipeline, L.P. (PAA) during the quarter. Scotiabank reissued a hold rating and issued a $64.00 price objective on shares of Occidental Petroleum in a research report on Wednesday, November 22nd. (more...)
Indigo seals deal for 430 Airbus neos Indigo seals deal for 430 Airbus neos
- December 29, 2017

It will also come as a boost to European giant Airbus, which is competing heavily with U.S. rival Boeing in China, the world's second aircraft market. The deal includes 274 A320neos and 156 A321neos aircrafts for Indigo Partners' four ultra-low-cost airlines - Frontier Airlines in the United States, JetSMART in Chile, Mexico's Volaris, and Wizz Air in Hungary. (more...)
Snow, sleet, rain and ice on the way for the Premier County Snow, sleet, rain and ice on the way for the Premier County
- December 29, 2017

Parts of northern England were on standby for heavy snow on Friday morning, while swathes of the country have been warned of a risk of ice and wintry showers . Temperatures will be between zero and plus 4 degrees. A fine and largely sunny day then follows, with the strong winds gradually easing. "Some roads and railways are likely to be affected leading to longer journey times by road, bus and train services". (more...)
Cheniere Energy Partners LP Holdings LLC (CQH) Short Interest Update Cheniere Energy Partners LP Holdings LLC (CQH) Short Interest Update
- December 29, 2017

Nokota Management Lp who had been investing in Cheniere Energy Inc for a number of months, seems to be bullish on the $12.87 billion market cap company. Cohen & Steers Inc. grew its position in Cheniere Energy by 92.1% in the 3rd quarter. Ls Invest Advsr Ltd Limited Liability Company owns 18,811 shares. (more...)
United Continental (NYSE:UAL) Board Initiates Share Repurchase Program
- December 29, 2017

It has outperformed by 2.93% the S&P500. Westpac Banking holds 0.01% of its portfolio in United Continental Holdings, Inc . Cyrus Capital Partners Lp bought 225,105 shares as the company's stock rose 2.66% with the market. ( UAL ) stock is now trading -1.53% away from its average-price of 200 days while it maintained a distance of 9.23% from its 50 Days Moving Average and 5.16% compared with the 20 Day Moving Average. (more...)
Hanesbrands Inc. (NYSE: HBI)
- December 29, 2017

Boston Partners now owns 96,000 shares of the textile maker's stock valued at $2,223,000 after buying an additional 45,500 shares in the last quarter. Investors who are keeping close eye on the stock of Hanesbrands Inc . Hanesbrands (NYSE: HBI ) last released its quarterly earnings results on Wednesday, November 1st. (more...)
Raises Stake in The Coca-Cola Co (NYSE:KO)
- December 29, 2017

The firm has a market capitalization of $195,690.00, a price-to-earnings ratio of 43.74, a P/E/G ratio of 3.90 and a beta of 0.70. The stock increased 0.14% or $0.1 during the last trading session, reaching $66.5. KO's average Beneish M-Score: -2.64 during the last 7 years. CCE's profit will be $260.13 million for 18.25 P/E if the $0.54 EPS becomes a reality. (more...)
Starbucks Corp. (SBUX) Shareholder Johnson Investment Counsel INC Increased Holding
- December 29, 2017

Xilinx Inc now has $17.14 billion valuation. The stock increased 0.46% or $0.31 during the last trading session, reaching $67.91. About 574,419 shares traded. 118 funds opened positions while 420 raised stakes. Burns J W Company Incorporated owns 99,431 shares. Geneva Advisors LLC now owns 2,750,639 shares of the coffee company's stock valued at $160,390,000 after buying an additional 63,041 shares during the last quarter. (more...)
How Have Institutional Investors Been Trading Energous Corporation (WATT)? How Have Institutional Investors Been Trading Energous Corporation (WATT)?
- December 29, 2017

The 1-year high was reported on Dec, 28 by Barchart.com. If the $34.53 PT is reached, the company will be worth $43.42M more. The most recent non open market insider trade was completed by ASCEND LEGEND FUND, LTD. The brokerage now has a "buy" rating on the industrial products company's stock. According to a note to clients obtained by Barron's, Gibson argued that with the new FCC certification of Energous' first-of-its-kind WattUp technology - which can wirelessly charge or power ... (more...)
Warriors GM on Stephen Curry: 'I don't think he'll play Friday' Warriors GM on Stephen Curry: 'I don't think he'll play Friday'
- December 29, 2017

Curry reportedly participated in a four-on-four workout Sunday. Stephen Curry , who sprained his right ankle during the Warriors' 125-115 road win over the New Orleans Pelicans on December 4, has been making progress in his recovery. Curry has yet to complete a full-contact practice, which may happen on Thursday. One day later, and the Warriors are telling us a different story. (more...)
SoftBank's big investment in Uber comes to a close SoftBank's big investment in Uber comes to a close
- December 29, 2017

SoftBank has bought a major stake in Uber at a steep 30pc discount, after a chaotic year in which the ride-hailing firm faced a string of scandals , saw its chief executive resign and was hit with United Kingdom city bans. The deal is somewhat in flux. SoftBank will appoint Vision Fund head Rajeev Misra to the board, along with others associated with the massive fund, according to the report . (more...)

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