Money


Bp Plc Has $41.31 Million Stake in Exxon Mobil Co. (NYSE:XOM) Bp Plc Has $41.31 Million Stake in Exxon Mobil Co. (NYSE:XOM)
- January 31, 2018

Pinnacle Advisory Group Inc. now owns 20,403 shares of the oil and gas company's stock valued at $1,673,000 after buying an additional 891 shares during the last quarter. The firm has "Hold" rating by Jefferies given on Thursday, October 19. The stock of Exxon Mobil Corporation (NYSE: XOM ) has "Strong-Buy" rating given on Wednesday, August 12 by Vetr . (more...)
Worker who sent missile alert thought it was not a drill Worker who sent missile alert thought it was not a drill
- January 31, 2018

Even though the word "exercise" was said six times, the employee who pushed the button said he did not hear it. The FCC in its report said that the incident happening during a shift change . He responded by sending the alert without sign-off from a supervisor. And number two, Hawaii's Emergency Management Agency didn't have a plan for what to do if a false alert was transmitted. (more...)
Amazon, Berkshire and JPMorgan partner to tackle health care Amazon, Berkshire and JPMorgan partner to tackle health care
- January 31, 2018

All that we know is that the company is in the "early planning stages". But costs are soaring, and health care consumes a growing chunk of their budgets. For now, Amazon et al. are only hoping to roll out this health care company to their employees . The company previously put together a team to figure out how to bring down the cost of pharmaceuticals for its employees . (more...)
CBA faces court for market manipulation CBA faces court for market manipulation
- January 31, 2018

Commonwealth Bank disputed the allegations, it said in its response to the ASIC lawsuit. The Australian Securities & Investments Commission (ASIC) has taken the Commonwealth Bank of Australia (CBA) to the Federal Court over allegations of unconscionable conduct and market manipulation. (more...)
Wynn Resorts, Limited (NASDAQ:WYNN) Announces $0.50 Quarterly Dividend Wynn Resorts, Limited (NASDAQ:WYNN) Announces $0.50 Quarterly Dividend
- January 31, 2018

Steve Wynn is the biggest shareholder of the casino company that bears his name, and he's transformed Las Vegas with trailblazing projects. The company's share price is down -72.83% from previous highs of around $2.99 per share on February 16, 2017. (more...)
Dow slumps 362 points, health care stocks sink Dow slumps 362 points, health care stocks sink
- January 31, 2018

The 30-stock index was also on track for its biggest two-day points drop since September 2016. In early trade on Tuesday, the Dow Jones Industrial Average was down 230.55 points, or 0.87 per cent, at 26,208.93, the S&P 500 was down 20.52 points, or 0.71 per cent, at 2,833.01. (more...)
Saudi urges oil producers to extend unity beyond 2018 Saudi urges oil producers to extend unity beyond 2018
- January 31, 2018

The price of crude has risen about 50 per cent since June, with the USA benchmark now trading around $63 a barrel, on evidence of strong global economic growth and a pact among OPEC countries and Russian Federation to limit their production. (more...)
Advanced Micro Devices, Inc. (AMD) Earnings Beat Estimates, Stock Slumps Advanced Micro Devices, Inc. (AMD) Earnings Beat Estimates, Stock Slumps
- January 31, 2018

Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. Following the completion of the sale, the insider now owns 1,331,579 shares of the company's stock, valued at $16,085,474.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link . (more...)
Samsung reports record 2017 profit, announces 50-1 stock split Samsung reports record 2017 profit, announces 50-1 stock split
- January 31, 2018

The firm's sales grew 23-point-seven percent to reach 65-point-98 trillion won in the September-December period. Samsung Electronics , the flagship subsidiary of the giant Samsung Group, has had to overcome a humiliating recall of the Galaxy Note7 device and the jailing of its vice-chairman Lee Jae-Yong on corruption charges, but its financial performance has gone from strength to strength. (more...)
US Dollar Shackled to Trumps Trade and Twitter Rants US Dollar Shackled to Trumps Trade and Twitter Rants
- January 31, 2018

The Australian dollar fell sharply back to 80.11 US cents after US President Donald Trump's latest comments at the World Economic Forum in Davos . Draghi said that Mnuchin's comments don't just have implications in forex-exchange markets but questions "the status of worldwide relations". Mnuchin's remarks were a break in precedent, since most previous Treasury secretaries have touted a strong dollar. (more...)
Harley-Davison to consolidate Kansas City assembly plant to York County facility Harley-Davison to consolidate Kansas City assembly plant to York County facility
- January 31, 2018

On Tuesday, Harley said it would invest $25 million to $50 million a year over the next several years to develop electric motorcycle technology and was on target to launch its first electric bike within 18 months. Motorcycle sales were down 11.1% nationally last year, after years of climbing sales according to the owner of Topeka's Historic Harley Davidson dealership, Mike Patterson. (more...)
Analyst Stock Ratings: Lexington Realty Trust (LXP), Domino's Pizza, Inc. (DPZ)
- January 31, 2018

The stock decreased 2.13% or $0.16 during the last trading session, reaching $7.35. The shares were sold at an average price of $9.54, for a total value of $667,800.00. (NYSE:DLR) for 68,582 shares. First Industrial Realty Trust, Inc. (NYSE:DLR) for 62,280 shares. Paradigm Asset Mgmt Limited has 25,670 shares. Kentucky Retirement Insur Tru Fund reported 4,225 shares. (more...)
Bed Bath & Beyond (BBBY) Rating Lowered to Underweight at JPMorgan Chase & Co
- January 31, 2018

Ffcm LLC increased its holdings in shares of Bed Bath & Beyond by 2,958.6% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 910,413 shares of the retailer's stock worth $27,677,000 after purchasing an additional 73,791 shares during the last quarter. (more...)
Spain's GDP Growth Slows Slightly In Q4 Spain's GDP Growth Slows Slightly In Q4
- January 31, 2018

This figure is the best in the eurozone since 2007, when growth had risen to 3.0%. In the whole year of 2017, GDP climbed 3.1 percent. The European Central Bank has been carrying out a huge stimulus programme in an attempt to drive eurozone growth. (more...)
This 'skirt' by Zara is a little too familiar This 'skirt' by Zara is a little too familiar
- January 31, 2018

Zara's version, meanwhile, is described on their website as a "flowing skirt with draped detail in the front" featuring "front slit detail at the hem" and "zip fastening in the back hidden along the seam". Actors Shah Rukh Khan and Deepika Padukone wearing lungis on a poster of Rohit Shetty's 2013 film, Chennai Express . The garment, which is described as a " check mini skirt ", bears a striking resemblance to the sarong typically worn by men in India, Singapore, Malaysia, Sri Lanka, ... (more...)
Hard Facts About PayPal Holdings, Inc. (NASDAQ:PYPL) Hard Facts About PayPal Holdings, Inc. (NASDAQ:PYPL)
- January 31, 2018

UBS Asset Management Americas Inc. now owns 3,293,553 shares of the credit services provider's stock valued at $176,765,000 after acquiring an additional 203,892 shares in the last quarter. Morgan Stanley boosted their price objective on shares of Paypal from $76.00 to $77.00 and gave the company an "overweight" rating in a report on Friday, October 20th. (more...)
Airplane packed with plumbers aborts flight over toilet trouble Airplane packed with plumbers aborts flight over toilet trouble
- January 31, 2018

It's a joke with no punch line, as 85 plumbers on a Norwegian flight headed for Germany discovered Saturday when their plane had to return to Oslo because of a broken toilet, reported The Independent. The aircraft was repaired and continued with the flight later that day", a spokesperson for Norwegian Airlines said. 'We would like to thank passengers for their patience and would like to apologise for the inconvenience'. (more...)
Firms & Funds Favorite: Iron Mountain Incorporated (NYSE:IRM)
- January 31, 2018

About 1.79M shares traded or 5.08% up from the average. It also increased its holding in Ntt Docomo Inc by 13,900 shares in the quarter, for a total of 555,300 shares, and has risen its stake in Goldman Sachs Group Inc (NYSE:GS). Aperio Limited Liability Company holds 298,436 shares or 0.43% of its portfolio. Morgan Stanley holds 0% of its portfolio in Validus Holdings, Ltd. (NYSE:VR) for 104,899 shares. (more...)
Ellington Financial LLC (EFC) Given Average Recommendation of "Buy" by Brokerages
- January 30, 2018

Waddell & Reed Financial Inc increased Synnex Corp (SNX) stake by 59.55% reported in 2017Q3 SEC filing. Institutional investors and hedge funds have recently bought and sold shares of the company. Wells Fargo Communication Mn owns 4,660 shares or 0% of their United States portfolio. Menta Capital LLC acquired a new stake in shares of Ellington Residential Mortgage REIT during the second quarter worth $170,000. (more...)
KapStone Paper and Packaging Corporation (KS)- Active Rated Stocks 'How' and 'Why' KapStone Paper and Packaging Corporation (KS)- Active Rated Stocks 'How' and 'Why'
- January 31, 2018

KapStone Paper and Packaging reported sales of $777.50 million in the same quarter last year, which indicates a positive year over year growth rate of 6.6%. The company's stock has grown by 0.12 percent in the past 5 years. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . (more...)

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