Money


Yellen to Trump: don't expect a flip-flop on financial reforms Yellen to Trump: don't expect a flip-flop on financial reforms
- August 27, 2017

Meanwhile, a speech by European Central Bank chief Mario Draghi gave little guidance on tapering the bank's bond holdings and heralded globalisation over protectionism. She quickly set expectations when she stressed that "any adjustments to the regulatory framework should be modest and preserve the increase in resilience at large dealers and banks associated with the reforms put in place in recent years". (more...)
Jeff Immelt Pulls Out of Running for Uber CEO Jeff Immelt Pulls Out of Running for Uber CEO
- August 27, 2017

While Immelt didn't state a reason, it's possible that he didn't like that Uber's board has been embroiled in lawsuits and other drama. Uber's board of directors is also a central player in a lawsuit from Benchmark Capital. Another main candidate, HP CEO Meg Whitman , was backed by Kalanick's opponent, Benchmark. The New York Times is now reporting that Whitman, despite those denials, has remerged as the preferred candidate. (more...)
Western Digital Corporation (WDC) Shares Bought by Virginia Retirement Systems ET AL Western Digital Corporation (WDC) Shares Bought by Virginia Retirement Systems ET AL
- August 27, 2017

It has outperformed by 109.15% the S&P500. Cutter And Brokerage Incorporated reported 0.59% of its portfolio in Apple Inc. Summit Securities Group Llc acquired 28,242 shares as Johnson And Johnson (JNJ)'s stock rose 6.85%. On Thursday, July 20 the stock rating was maintained by Raymond James with "Buy". The firm has "Buy" rating by Jefferies given on Wednesday, August 17. (more...)
Simon Property Group Inc
- August 27, 2017

Alliancebernstein Limited Partnership accumulated 1.09M shares or 0.16% of the stock. It has underperformed by 35.26% the S&P500. Hancock Holding Company increased Petmed Express (PETS) stake by 402.64% reported in 2016Q4 SEC filing. The stock decreased 0.26% or $0.05 on August 25, reaching $17.34. The rating was maintained by RBC Capital Markets with "Sector Perform" on Tuesday, November 1. (more...)
How Does Alaska Air Group, Inc. (ALK) Stack Up Right Now?
- August 27, 2017

Addus Homecare Corporation (ADUS) has risen 102.62% since August 27, 2016 and is uptrending. It has underperformed by 7.76% the S&P500. James Rech invested 1.71% of its portfolio in Alaska Air Group, Inc . Here is the rundown on market activity for Alaska Air Group, Inc. Imperial Capital maintained Alaska Air Group, Inc. Turning to Unilever PLC (NYSE:UL), its shares were trading at $57.84 a retreat of $-0.08, on the trading floor. (more...)
Determining the stand-point of: Prudential Financial, Inc. (PRU)
- August 27, 2017

First National Tru Communication accumulated 0.48% or 32,885 shares. Following the transaction, the insider now directly owns 10,924 shares in the company, valued at $1,225,454.32. Sit Invest Associates Inc reported 0.06% stake. BioLine RX Ltd is an Israel-based company engaged in the development of therapeutics, from preclinical-stage development to advanced clinical trials, for a range of medical needs. (more...)
Did Janet Yellen just signal her exit from running the Fed? Did Janet Yellen just signal her exit from running the Fed?
- August 27, 2017

In her remarks, Yellen defended the new reforms that Republicans and bankers love to hate, including the Fed's annual stress tests, the umbrella group of regulators called the Financial Stability Oversight Council and the new efforts to have banks write their own living wills to protect the US taxpayers from a failing firm. (more...)
Fears of 'catastrophic' floods as Harvey downgraded to tropical storm Fears of 'catastrophic' floods as Harvey downgraded to tropical storm
- August 27, 2017

The fiercest hurricane to hit the USA in more than a decade came ashore late on Friday about 30 miles north-east of Corpus Christi as a mammoth Category 4 storm with 130mph winds. If they return, he warned, they'll have to boil tap water before they can drink it because a power outage at a treatment plant required the city to issue a boil-water notice. (more...)
'We lost everything': Rockport, Texas suffers major hurricane damage 'We lost everything': Rockport, Texas suffers major hurricane damage
- August 27, 2017

One person was killed in Aransas County when in a fire at home during the storm, county Judge C.H. In Rockport, an estimated 5,000 residents had stayed put for the storm that made landfall at around 11pm ET on Friday (4am BST on Saturday) between Port Aransas and Port O'Connor, Aransas County Sheriff Bill Mills was quoted as saying by CNN . (more...)
Eaton Vance Corp (NYSE:EV): Stock Institutional Investors Like Eaton Vance Corp (NYSE:EV): Stock Institutional Investors Like
- August 27, 2017

Another trade for 10,250 shares valued at $882,443 was made by COMAS DANIEL L on Monday, February 27. Eaton Corporation, PLC Ordinary Shares (NYSE: ETN ) has risen 31.02% since August 25, 2016 and is uptrending. The firm has "Sector Perform" rating given on Monday, August 24 by RBC Capital Markets. The P/E ratio is 16.19 and market cap is 31.42B. The firm has "Neutral" rating by Credit Suisse given on Friday, August 11. (more...)
Occidental Petroleum Corporation (NYSE:OXY) Quarterly growth Review
- August 27, 2017

Following the completion of the purchase, the chief financial officer now owns 44,124 shares of the company's stock, valued at approximately $2,640,821.40. (NYSE:HP) earned "Neutral" rating by Goldman Sachs on Friday, March 11. The rating was maintained by Jefferies with "Hold" on Friday, July 28. The stock of Devro plc (LON:DVO) earned "Buy" rating by Investec on Tuesday, November 17. (more...)
Janet Yellen defends United States regulations — BBCI Janet Yellen defends United States regulations — BBCI
- August 27, 2017

They can't borrow money. "Any adjustments to the regulatory framework should be modest and preserve the increase in resilience at large dealers and banks associated with the reforms put in place in recent years", Yellen said , in what could be her final speech as Fed chair to the Jackson Hole forum. (more...)
New Oriental Education & Technology Group Inc
- August 27, 2017

This is a boost from New Oriental Education & Technology Group's previous special dividend of $0.40. The total value of its holdings increased 2,817.6%. The firm's quarterly revenue was up 23.2% on a year-over-year basis. About 1.60 million shares traded or 22.14% up from the average. The firm earned "Buy" rating on Wednesday, October 21 by Jefferies. (more...)
Investors Catching Stocks Cabot Oil & Gas Corporation (COG) Investors Catching Stocks Cabot Oil & Gas Corporation (COG)
- August 27, 2017

Cabot Oil & Gas Corporation ( COG ) shares are up 0.2% for the week and that has got investors and traders sitting up and taking note. The stock rose 0.94% or $0.23 reaching $24.73. Canaccord Genuity maintained it with "Buy" rating and $2500 target in Monday, July 10 report. The firm earned "Neutral" rating on Tuesday, November 15 by Guggenheim. (more...)
After Babumoshai Bandookbaaz, Sidharth Malhotra's A Gentleman leaked online! After Babumoshai Bandookbaaz, Sidharth Malhotra's A Gentleman leaked online!
- August 27, 2017

The movie has made better business than Babumoshai Bandookbaaz Day 2, which has Nawazuddin Siddhiqui and Bidita Bag as the lead. Girish Johar had also explained that although it is quite evident that A Gentleman will be the highest earner this week, however, lately Annabelle: Creation has managed to create a fanbase of its own and is bound to stand as a huge competition for all the Bollywood releases. (more...)
Spalletti delighted with Inter Milan victory over Roma Spalletti delighted with Inter Milan victory over Roma
- August 27, 2017

Although Inter were comfortable winners against Fiorentina on the opening Serie A weekend, they looked to be heading for a deserved defeat at the Stadio Olimpico in Spalletti's second game in charge. Icardi doubled his tally 10 minutes later, controlling Ivan Perisic's low cross before swiveling to fire into the bottom left corner. Icardi spurned the chance for his hat-trick when he held off Kostas Manolas to test Alisson, while at the other end a Nainggolan drive was blocked by Dalbert. (more...)
American Electric Power Company (AEP) Reached a New 52-Week High
- August 27, 2017

The stock's 52-week range is $57.89 to $72.97, and its 3-month range is $68.11 to $73.40. Jackson Grant Investment Advisers Inc. boosted its position in shares of American Electric Power by 0.5% in the first quarter. Investors sentiment decreased to 0.95 in 2016 Q4. When we look at the Volatility of the company, Week Volatility is at 0.88% whereas Month Volatility is at 1.08%. (more...)
Are Analysts Bearish Turquoise Hill Resources Ltd (TSE:TRQ) After Last Week?
- August 27, 2017

The upbeat movement of both volume and price during the recent session is interpreted as a good sign, and, overall 2.30 million more shares exchanged hands compared with prior day. Additionally on 8/17/16 Canaccord Genuity "Initiates Coverage on" Turquoise Hill Resources Ltd (NYSE:TRQ) to Hold and on 7/18/16 RBC Capital "Initiates Coverage on" the stock to Sector Perform. (more...)
Hurricane Harvey weakens but 'catastrophic' flood danger remains Hurricane Harvey weakens but 'catastrophic' flood danger remains
- August 27, 2017

But the Coastal Bend was still expected to experience storm surges up to 12 feet high, with winds 100 miles per hour or more, and up to two feet of rain this weekend. This will add to and prolong flooding conditions. Austin American-Statesman reports that judge confirms one death from Harvey in Rockport, Texas, and 12 to 14 injured. (more...)
Stocks Rise as Yellen Omits Policy from Jackson Hole Address Stocks Rise as Yellen Omits Policy from Jackson Hole Address
- August 27, 2017

Yellen noted that, a decade ago, the US financial system was "a unsafe place" - citing a peak in the price of housing and strains caused by the subprime mortgage market, which led to the deterioration of money markets and the imposition of new regulations on banks. (more...)