Money


January/March economic performance worst in 3 years, AP reports January/March economic performance worst in 3 years, AP reports
- May 01, 2017

The economy grew at a 2.1 per cent pace in the fourth quarter. "Since 2000, Q1 U.S. GDP has averaged 1.0% followed by an average growth print of 2.6% in Q2", according to the Wells Fargo Economics Group's analysis of current GDP figures. That would be up from 1.6 percent in 2016, the slowest expansion in five years. Weak inventory investment dragged down the overall number in GDP growth by almost a percentage point. (more...)
Advanced Micro Devices, Inc.'s (AMD) Advanced Micro Devices, Inc.'s (AMD)
- May 01, 2017

For our stock under consideration here, Advanced Micro Devices, Inc . (AMD) is at 46.52. Analyst's mean target price for FB is $161.72 while analysts mean recommendation is 1.70. The stock now has a PEG Ratio of -1.73. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. (more...)
Oil prices up for 3rd straight week Oil prices up for 3rd straight week
- May 01, 2017

Data released Wednesday by the Energy Information Administration (EIA) showed that US commercial crude inventories decreased by one million barrels from one week ago, falling to 532.3 million. Distillate stocks reached their lowest levels since November 2015, the EIA said. Thus, Saudi Arabia plans to develop 30 projects in the field of solar and wind energy to increase electricity production and reduce oil consumption, according to the Minister of Energy, Industry and Mineral Resources ... (more...)
Philippines, Japan and China Urge US to Remain Calm Over North Korea Philippines, Japan and China Urge US to Remain Calm Over North Korea
- May 01, 2017

President Donald Trump said on Saturday said he would "not be happy" if North Korea carried out another missile test, adding that his Chinese counterpart President Xi Jinping would likely feel the same. The United States and South Korea contend that the battery is only to guard against North Korean missiles, despite concerns expressed in China. Mr McMaster said North Korea "is a place where United States and Chinese interests overlap". (more...)
Draisaitl gives Oilers another weapon against Ducks Draisaitl gives Oilers another weapon against Ducks
- May 01, 2017

Letestu cleaned up Ryan Nugent-Hopkins' shot during 55 seconds of 5-on-3 play to tie up the game at 1 in the second, then pounced on Draisaitl's rebound to put the Oilers ahead 2-1 in the third. Edmonton won the first tilt against Anaheim thanks to a team effort and offense from Leon Draisaitl, Mark Letestu and Adam Larsson, but the match-up war between the two benches was just as good a plot line. (more...)
Most Recent Analysts Ratings GNC Holdings Inc. (GNC)
- May 01, 2017

Its last month's stock price volatility remained 5.83% which for the week approaches 7.85%. The company has a 1 Year high price target of $9.43. Sales growth past 5 years was measured at 4.20%. GNC Holdings, Inc. (GNC ) surprised the stock market in its last reported earnings when it earned $0.37 a piece versus the consensus-estimated $0.35. (more...)
(SSW) Shares Up 10.5% After Strong Earnings (SSW) Shares Up 10.5% After Strong Earnings
- May 01, 2017

The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 and -11.23. Zacks Investment Research's EPS averages are an average based on a survey of sell-side research analysts that follow Seaspan. Two Sigma Investments LP now owns 575,218 shares of the shipping company's stock valued at $5,257,000 after buying an additional 318,867 shares during the period. (more...)
DISH Network Corporation Earnings Ahead: Quick Glance DISH Network Corporation Earnings Ahead: Quick Glance
- May 01, 2017

SunTrust Banks, Inc. assumed coverage on DISH Network Corp in a research report on Tuesday, April 18th. High growth rates in EPS are more reliable in the case of "matured companies" which has experienced a complete economic cycle of expansion and contraction, through a bear market phase and a bull run. (more...)
Trump marks 100th day in office with Pennsylvania rally
- May 01, 2017

Trump also vowed that he would make "a big decision" on the historic Paris climate agreement in the next two weeks. Donald Trump promised to make "America Great Again", but I do not see actual movement to solve any of the problems Candidate Trump talked about. (more...)
MinDA: BIMP-EAGA to spur trading between PH and Indonesia MinDA: BIMP-EAGA to spur trading between PH and Indonesia
- May 01, 2017

With the opening of the new maritime trade route, Duterte said this reaffirms the ties of both countries. "President Duterte and I sincerely believe that people in the outer regions are just as smart, strong and resourceful as the rich people in the capital cities". (more...)
Airwallex raises US$13 million for global expansion Airwallex raises US$13 million for global expansion
- May 01, 2017

Established just a year ago, Airwallex came in to size up the challenge of cross-border transactions at scale. TransferWise the consumer focused service of Airwallex opened an Asia Pacific HQ last week. Founded in December 2015, the company said its order-management system uses mathematical algorithms and machine learning to determine how a payment should be executed, taking into account time, priority and available routes in its calculation to increase speed. (more...)
Britvic Plc (BVIC) Downgraded by Berenberg Bank Britvic Plc (BVIC) Downgraded by Berenberg Bank
- May 01, 2017

Dcc had 89 analyst reports since September 17, 2015 according to SRatingsIntel. Rolls-Royce Group PLC has with a one year low of 588.00GBX and a one year high of 875.50GBX and has a market capitalization of 0 GBX. In an analyst note issued on Tuesday morning, Peel Hunt maintained their "Add" rating on shares of CNCT. Among 12 analysts covering Cineworld Group PLC ( LON:CINE ), 10 have Buy rating, 0 Sell and 2 Hold. (more...)
Uber launches Uber Elevate, guarantees Flying Taxis in Dallas by 2020 Uber launches Uber Elevate, guarantees Flying Taxis in Dallas by 2020
- May 01, 2017

The billion-dollar startup lifted the veil on its ambitions to bring the futuristic idea to market, saying it wants to be "the glue that makes the entire ecosystem work". Holden said he expects the number of cities with flying cars to grow rapidly. Dubai is also where Uber will attempt at unveiling the first public demonstration as part of the 2020 World Expo. (more...)
FCC outlines plan to eliminate net neutrality rules under new chairman FCC outlines plan to eliminate net neutrality rules under new chairman
- May 01, 2017

On Wednesday, Federal Communications Commission Chairman Ajit Pai announced a plan to roll back the FCC's enforcement of net neutrality, the principle that internet service providers should provide equal access to all applications of the internet. (more...)
FCC chief lays out strategy on undoing 'net neutrality' rules FCC chief lays out strategy on undoing 'net neutrality' rules
- May 01, 2017

The U.S. Federal Communications Commission chairman proposed rolling back the Obama-era net-neutrality rule that forbids broadband providers from interfering with web traffic. Tech companies are readying for a showdown with a Republican-controlled government over threats to net neutrality, a key issue for them and their users. (more...)
John Higgins and Mark Selby all level at first break John Higgins and Mark Selby all level at first break
- May 01, 2017

Higgins still holds a lead but Selby's swagger returned in the final frames and the momentum may well have swung back to the defending champion. But Higgins claimed frame ten, before stealing the next after Selby inexplicably fouled when trying to snooker him. (more...)
ICE hotline overloaded with prank calls about space aliens ICE hotline overloaded with prank calls about space aliens
- May 01, 2017

On Wednesday, the Department of Homeland Security in the USA set up VOICE, a hotline that allows citizens to contact the government and report criminal aliens. One of the first people to troll the hotline was Alexander McCoy, a Marine vet from NY. The spokesperson said the agency will adjust resources as necessary to ensure that victims - real victims - get the help they need. (more...)
QB Cooper Rush may have landed in good place with Dallas Cowboys QB Cooper Rush may have landed in good place with Dallas Cowboys
- May 01, 2017

The Cowboys were comfortable picking Lewis because their second-year safeties coach, Greg Jackson, was Lewis' position coach with the Wolverines in 2015. Central Michigan quarterback Cooper Rush announced he would be signing with the Cowboys on his Twitter account. The Cowboys say they have done their due diligence in looking into the incident and that he had, "outstanding off-the-field character throughout his life, and on top of that, (he has) great football character as well", as owner ... (more...)
Facebook wants to turn every smartphone camera into an AR experience Facebook wants to turn every smartphone camera into an AR experience
- May 01, 2017

With that said, you need an Oculus Rift along with the touch controllers to make use of the services provided by Facebook Spaces . The app, available to download now in beta, lets users create a virtual version of themselves (for some reason) that can then enter socialise with your other friends sad enough to give it a go. (more...)
Canada takes silver in world mixed doubles Canada takes silver in world mixed doubles
- May 01, 2017

A lot of our misses were heavy throughout the week and it worked out well for us today. "We both felt pretty good about draw weight going into the game and it's clear what we need to do out there". "Whenever you win something this big, the euphoria is the exact same, if you could bottle it you would be a multi-millionaire and you want to hold onto that feeling forever", Jones said. (more...)