Money


Louisiana men killed in tugboat explosion Friday morning in Kentucky Louisiana men killed in tugboat explosion Friday morning in Kentucky
- January 20, 2018

Two Louisiana men were among those killed when a tugboat exploded Friday morning on the Tennessee River in Kentucky , officials said. KSP Troopers say the tugboat was being worked on at the time. The U.S. Coast Guard was also on scene and an OSHA investigator is expected soon. The investigation is expected to last into the night hours. Six people were transported to hospitals for various injuries. (more...)
Burger King Launched Its Quarter Pounder Knockoff in an Ad About Death Burger King Launched Its Quarter Pounder Knockoff in an Ad About Death
- January 20, 2018

Burger King is looking to start a beef with McDonald's . Burger King is taking on McDonald's with a new flame-grilled burger called the Double Quarter Pound KING . It is created to take on McDonald's Double Quarter Pounder offering, which has been selling well. The burger sells for $5.39, the release said. The ad for the burger is literally a funeral for "flat-top quarter-pound burgers". (more...)
Breaking Down the Chart for Cooper Tire & Rubber Company (CTB) Breaking Down the Chart for Cooper Tire & Rubber Company (CTB)
- January 20, 2018

Several investors look for stocks with a high percent of insider ownership, under this theory when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. Institutional investors and hedge funds have recently modified their holdings of the company. The Price to Book ratio for Cooper Tire & Rubber Company NYSE:CTB is 1.739271. (more...)
Callon Petroleum (CPE) Given a $15.00 Price Target at Mizuho
- January 20, 2018

The stock decreased 0.23% or $0.08 during the last trading session, reaching $35.15. About 1.88M shares traded. Farmer Bros. Co. (NASDAQ:FARM) has risen 11.98% since January 17, 2017 and is uptrending. The company has market cap of $14.52 billion. Investors sentiment decreased to 1.63 in 2017 Q3. Several other institutional investors have also sold shares of the company. (more...)
Jefferies Group Reiterates "Hold" Rating for Red Hat (RHT)
- January 20, 2018

The average Wall Street analyst rating for Red Hat , Inc.is Strong Buy, according to the average of 24 analyst scores. It has outperformed by 2.27% the S&P500. Stifel Nicolaus maintained the stock with "Hold" rating in Tuesday, March 28 report. BMO Capital Markets maintained Red Hat , Inc. Barclays Capital maintained the shares of NTRS in report on Tuesday, January 3 with "Equal Weight" rating. (more...)
Trading Updates on Shares of MGM Resorts International (MGM)
- January 20, 2018

Among 19 analysts covering Microsemi ( NASDAQ:MSCC ), 16 have Buy rating, 0 Sell and 3 Hold. The hedge fund run by Anna Nikolayevsky held 30,000 shares of the prepackaged software company at the end of 2017Q3, valued at $1.99 million, down from 70,000 at the end of the previous reported quarter. (more...)
Whalerock Point Partners LLC Trims Position in Cisco Systems, Inc. (NASDAQ:CSCO)
- January 20, 2018

Bedrijfstakpensioenfonds Voor De Media Pno sold 515,000 shares as the company's stock declined 7.50% while stock markets rallied. The institutional investor held 70,140 shares of the technology company at the end of 2017Q3, valued at $2.36 million, down from 82,947 at the end of the previous reported quarter. (more...)
Deutsche Bank Reiterates Sell Rating for General Electric (GE)
- January 20, 2018

The Price Range 52 Weeks is one of the tools that investors use to determine the lowest and highest price at which a stock has traded in the previous 52 weeks. M Hldg Secs Inc holds 1.05% in General Electric Company (NYSE:GE) or 138,114 shares. Since August 8, 2017, it had 2 insider purchases, and 1 sale for $4.48 million activity. (more...)
Dow breaks above 26000 but ends below that level Dow breaks above 26000 but ends below that level
- January 20, 2018

The Dow's big gainers were Merck , UnitedHealth and Boeing , the aircraft manufacturer whose popularity with investors was a big contributor to the Dow's success in 2017. Penneys and Primark-owner Associated British Foods advanced 2.3 per cent on the back of a Barclays upgrade to "overweight" from "equal weight". Viacom fell $1.80 to $31.96. (more...)
Congestion pricing: Driving in Manhattan could cost $11.52 Congestion pricing: Driving in Manhattan could cost $11.52
- January 20, 2018

Governor Cuomo is pushing for congestion pricing for New York City in this year's budget. The money raised from the fee would be used for projects to upgrade NYC's aging and increasingly unreliable transit system . Only 4 percent of the residents of Queens, the Bronx, Brooklyn or Staten Island, about 118,000 people, commute to Manhattan in vehicles, the task force says. (more...)
Trump, Schumer Meet Over Looming Shutdown Threat Trump, Schumer Meet Over Looming Shutdown Threat
- January 20, 2018

The Republican-led House passed a short-term bill late Thursday to keep the government open through February 16. The House passed a measure to continue funding the government through mid-February but Republican leaders in the Senate don't have the 60 votes they need to advance it through their chamber and avoid a shutdown. (more...)
CFTC, SEC issue joint enforcement warning on virtual currencies CFTC, SEC issue joint enforcement warning on virtual currencies
- January 20, 2018

The CFTC accused CabbageTech Corp. of NY of fraud and misappropriation in connection with purchases and trades of Bitcoin and Litecoin. James McDonald, the CFTC's Director of Enforcement, said this action is another example of the CFTCs determination to "act aggressively and assertively to root out fraud and bad actors involved in virtual currencies". (more...)
DUI driver thought Bank of America was Taco Bell DUI driver thought Bank of America was Taco Bell
- January 20, 2018

When the bank manager finally was able to wake Francisco up, the man asked for a burrito. Deputies say he was in the driver's seat and the car's engine was running. The Hernando County Sheriff's Office says employees spotted Francisco passed out in the bank's drive-up lane. Deputies wrote that his delayed reactions to their questions and slow movements were consistent with someone under the influence of prescription narcotics. (more...)
Protest at Surrey Tim Hortons during 'national day of action' Protest at Surrey Tim Hortons during 'national day of action'
- January 20, 2018

But some business groups expressed concern that the measures, in particular the minimum wage hike, would be prohibitively costly for companies. Jason Holman said he had "absolutely no comment" when reached by phone Friday afternoon at a Whitby Tim Hortons. (more...)
Zoetis Inc. (ZTS) - Worth Watching Stock
- January 20, 2018

Brown Advisory Securities Llc who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $159.82 billion market cap company. It improved, as 41 investors sold ZTS shares while 233 reduced holdings. Commonwealth Bank of Australia raised its position in Zoetis by 8.9% during the second quarter. (more...)
Here's What To Do With Southwest Airlines Co. (LUV), AEGON NV (AEG)
- January 20, 2018

It has underperformed by 1.19% the S&P500. (NYSE:LUV). Hennessy Advisors reported 38,200 shares. In other Southwest Airlines Company news, EVP Jeff Lamb sold 14,534 shares of the firm's stock in a transaction dated Friday, December 2nd. Swiss Fincl Bank owns 76,400 shares or 0% of their USA portfolio. Cantab Capital Partners Llp increased Twenty (NASDAQ:FOXA) stake by 25,142 shares to 44,109 valued at $1.16 billion in 2017Q3. (more...)
Analyst Stock Ratings: Celanese Corporation (CE), RLJ Lodging Trust (RLJ)
- January 20, 2018

Autobytel Inc. (:AUTO) now has a value score of A. This score ranks stocks based on various valuation metrics. The stock decreased 1.61% or $0.45 during the last trading session, reaching $27.45. The firm earned "Buy" rating on Wednesday, January 17 by Credit Suisse. The rating was maintained by Compass Point with "Buy" on Friday, August 7. Robert W. (more...)
Lookout for Price Target? Archer-Daniels-Midland Company (ADM), DDR Corp. (DDR) Lookout for Price Target? Archer-Daniels-Midland Company (ADM), DDR Corp. (DDR)
- January 19, 2018

NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since January 17, 2017 and is uptrending. It has outperformed by 2.84% the S&P500. Timber Hill Llc increased Netease Inc (NTES) stake by 188.89% reported in 2017Q3 SEC filing. Finally, Piper Jaffray Companies set a $39.00 price target on Archer Daniels Midland and gave the stock a "hold" rating in a report on Tuesday, October 31st. (more...)
Govt's focus will remain on development: PM Modi Govt's focus will remain on development: PM Modi
- January 19, 2018

He added that he will feel proud to tell the success story of 125 crore Indians in Davos. Days before his first visit to Davos for the () annual meeting, Modi told Zee News in an interview that India has made a mark globally and there is a need to reap the benefits. (more...)
Bitcoin, Ripple, Ethereum, Litecoin Down On Talks Of Crackdown Bitcoin, Ripple, Ethereum, Litecoin Down On Talks Of Crackdown
- January 20, 2018

For any new investor in cryptocurrencies, this can actually be a pretty horrifying experience. Tokyo-based economist Makoto Sakuma said, "I would say the strong rally in bitcoin and other cryptocurrencies we saw previous year is over". As a result, the news flow surrounding Bitcoin is enormous and this is another reason why it going is so volatile. London-based economists Vicky Redwood and Kerrie Walsh, of Capital Economics, said in a research note they believe the long-term future of ... (more...)

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