Money


Morgan Stanley Reiterates Equal Weight Rating for Phillips 66 (NYSE:PSX)
- January 26, 2018

It has underperformed by 53.08% the S&P500. Robert Pohly decreased its stake in American Eagle Outfitters Ne (AEO) by 64.19% based on its latest 2017Q3 regulatory filing with the SEC. Congress Asset Ma reported 61,200 shares. Since September 19, 2017, it had 0 insider buys, and 2 sales for $373,204 activity. (NYSE:NBL) by 55,500 shares to 305,100 shares, valued at $8.65M in 2017Q3, according to the filing. (more...)
Elon Musk to stay another decade at Tesla, has odd compensation scheme Elon Musk to stay another decade at Tesla, has odd compensation scheme
- January 26, 2018

That's a resounding increase from Tesla's current market value of just $59 billion. This isn't about Musk getting even more money, though that's certainly important. It's a 10-year plan that involves achieving market and operational milestones to increase Tesla's values. Musk would also need to meet a series of revenue and earnings goals, as well as a staggering growth in market capitalization, in order to get paid. (more...)
United Kingdom to consider crackdown on Bitcoin United Kingdom to consider crackdown on Bitcoin
- January 26, 2018

UK Prime Minister Theresa May has warned she's looking "very seriously" at the situation surrounding Bitcoin and other leading digital currencies (such as Ethereum, Ripple and Litecoin), prompting fears that Britain could follow South Korea in enacting some form of cryptocurrency crackdown. (more...)
Four Male BBC Presenters Agree To Pay Cuts After Pay Disparity Revelations Four Male BBC Presenters Agree To Pay Cuts After Pay Disparity Revelations
- January 26, 2018

The announcement comes after the BBC published the salaries of employees earning more than £150,000 that revealed a shocking discrepancy in male and female presenters' and actors' pay. Earlier this week, it was reported Mr Humphrys had offered to take a third voluntary pay cut in two years, dropping his salary to £250,000-£300,000. (more...)
Chung may have his chances against Federer Chung may have his chances against Federer
- January 26, 2018

It led to him wiping his social media account while lashing out at the "dehumanising" media in a sermon-like statement at his post-match press conference after losing to Chung Hyeon. Cilic was unstoppable on serve as he ended Edmund's highly-impressive campaign in two hours and 18 minutes and became the first Croatian to make the Australian Open final. (more...)
Nutella 70% Discount Prompts 'Riots' Across France Nutella 70% Discount Prompts 'Riots' Across France
- January 26, 2018

Video online showed people stuffing large bags with the jars as they knocked over stands of other products. One shopper who went to the Rive-de-Gier supermarket in central France told Le Progres: "They are like animals". A member of staff at one Intermarché shop in central France also said that staff were pushed out of the way. The French are voracious consumers of Nutella, eating around 100 million jars a year - more than any country other than Germany. (more...)
India will overtake China in 2018 India will overtake China in 2018
- January 26, 2018

The forecast said the U.S. will grow at a rate of 2.7% and 2.5% in 2018 and 2019, respectively. Read alsoReuters: Ukraine passes privatisation law needed for IMF aid " It is very important for us to continue cooperation with IMF now, in 2018, as it is not only trust of the worldwide financial organizations related to the macro-financial assistance from the European Union, cooperation with the World Bank, but also trust of the investors", he said. (more...)
Goodyear Tire & Rubber Co (GT) Shares Sold by Advisors Capital Management LLC
- January 26, 2018

It has underperformed by 23.27% the S&P500. Sander Gerber decreased its stake in Cooper Tire Stk (CTB) by 64.56% based on its latest 2017Q3 regulatory filing with the SEC. The company was upgraded on Tuesday, July 26 by Northcoast. The firm has "Neutral" rating given on Friday, November 10 by Robert W. Baird. Credit Suisse maintained the shares of BLK in report on Tuesday, July 18 with "Outperform" rating. (more...)
UK GDP grows faster than expected at 0.5% UK GDP grows faster than expected at 0.5%
- January 26, 2018

The services sector, which accounts for the bulk of the economy, expanded by 0.6% in the fourth quarter - stronger than the 0.4% rise in the three months to September. However, the Office for National Statistics (ONS) said the broader picture was "slower and more uneven" growth. "Other services - notably consumer facing sectors - showed much slower growth". (more...)
Investors' Attention Alert: Prudential Financial, Inc. (PRU), Alexion Pharmaceuticals, Inc. (ALXN)
- January 26, 2018

The stock increased 0.58% or $0.71 during the last trading session, reaching $124.15. About 3.15 million shares traded or 2.10% up from the average. Prudential Financial, Inc. Wells Fargo maintained the shares of PRU in report on Wednesday, August 2 with "Hold" rating. Prudential Financial Inc has a 12-month low of $97.88 and a 12-month high of $125.00. (more...)
Davos: Top quotes on eve of Trump visit Davos: Top quotes on eve of Trump visit
- January 26, 2018

A slide in the US dollar should help USA exporters, but Mnuchin also added a nuanced outlook: "Longer term, the strength of the dollar is a reflection of the strength of the US economy and the fact that it is and it continues to be the primary currency in terms of the reserve currency". (more...)
Lookout for Price Target? Anadarko Petroleum Corporation (APC), Tesla, Inc. (TSLA)
- January 26, 2018

It operates through three divisions: Oil and Gas Exploration and Production, Midstream, and Marketing. They expect $-0.13 EPS, up 74.00% or $0.37 from last year's $-0.5 per share. Therefore 82% are positive. Anadarko Petroleum Corporation had 120 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with "Outperform" rating and $84 target in Friday, March 17 report. (more...)
Sells 21587 Shares of QUALCOMM, Inc. (QCOM)
- January 26, 2018

It has underperformed by 7.39% the S&P500. QUALCOMM's revenue for the quarter was down 3.5% on a year-over-year basis. sell-side analysts anticipate that QUALCOMM, Inc. RBC Capital Markets maintained the shares of QCOM in report on Thursday, August 24 with "Hold" rating. Since August 20, 2017, it had 0 buys, and 5 selling transactions for $3.11 million activity. (more...)
Westlake Chemical Partners LP (WLKP) EPS Estimated At $0.43
- January 26, 2018

The company had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $2 billion. The stock decreased 1.49% or $0.66 during the last trading session, reaching $43.5. Bancorpsouth Inc. now owns 6,145 shares of the specialty chemicals company's stock valued at $407,000 after acquiring an additional 664 shares during the period. (more...)
TX Cuts Stake in Priceline Group Inc (PCLN)
- January 26, 2018

About 2.87 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 23, 2017 and is uptrending. It has outperformed by 102.63% the S&P500. The firm earned "Hold" rating on Thursday, December 7 by M Partners. The company was maintained on Tuesday, June 6 by Jefferies. BidaskClub cut shares of Priceline Group from a "strong-buy" rating to a "buy" rating in a research note on Tuesday. (more...)
Elon Musk to get paid only if Tesla meets market, operations goals Elon Musk to get paid only if Tesla meets market, operations goals
- January 26, 2018

Tesla said on Tuesday that it was introducing a set of targets for its chief executive to meet in order for him to receive future pay. First off, Musk needs to increase the company's market cap to $100bn. "Because all Tesla employees are provided equity, this also means that Elon's compensation is tied to the success of everyone at Tesla ". For hitting these goals, Musk would receive 1.69 million shares of the company (about 1 percent). (more...)
Just the Facts on Annaly Capital Management, Inc. (NLY) Just the Facts on Annaly Capital Management, Inc. (NLY)
- January 26, 2018

The stock increased 0.45% or $0.05 during the last trading session, reaching $11.22. The 20-day Stochastic %k measure, which sits at 13.21%, tells a different story, and suggests that NLY now trades in oversold territory. Penobscot Management reported 3,700 shares stake. (NYSE:NLY). Moreover, Winslow Evans And Crocker has 0.02% invested in Annaly Capital Management, Inc . (more...)
Ford Motor (F) Stake Lessened by Excalibur Management Corp Ford Motor (F) Stake Lessened by Excalibur Management Corp
- January 26, 2018

It has underperformed by 8.78% the S&P500. Everence Capital Management Inc increased its stake in Facebook Cl A Ord (FB) by 6.38% based on its latest 2017Q3 regulatory filing with the SEC. The rating was downgraded by Nomura to "Neutral" on Friday, August 4. Finally, Instinet reaffirmed a "buy" rating and issued a $43.00 price target on shares of General Motors in a report on Tuesday, October 3rd. (more...)
Ariane 5 launches SES-14 and Al Yah-3 despite 'lost contact' Ariane 5 launches SES-14 and Al Yah-3 despite 'lost contact'
- January 26, 2018

An Arianespace Ariane 5 rocket carrying the SES-14 communications satellite, with NASA's GOLD instrument, and the Al Yah 3 satellite lifts off from the Guiana Space Center in Kourou , French Guiana on January 25, 2018. Within another 15 minutes, Mr Israel released a fuller statement. At that point, no one was in contact with the rocket. In their updated statement the company said a tracking station in Brazil was unable to track the craft shortly after ignition of the rocket's upper stage. (more...)
Stocks you Must See: McCormick & Company, Incorporated (MKC), Valero Energy Corporation (VLO)
- January 26, 2018

The company has market cap of $43.29 billion. The stock decreased 0.15% or $1.26 during the last trading session, reaching $845.98. About 966,382 shares traded. Therefore 45% are positive. Valero Energy Corporation (NYSE:VLO) last posted its quarterly earnings results on Thursday, July 27th. The rating was maintained by Credit Suisse with "Outperform" on Tuesday, January 26. (more...)

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