Money


UK Industrial Output Falls More Than Forecast UK Industrial Output Falls More Than Forecast
- February 09, 2018

However there was better news elsewhere for the United Kingdom economy, as the ONS also revealed continued growth in manufacturing and a surprise surge in construction output in December. Figures for the much bigger services sector are due on February. The UK's trade deficit, or how much its imports are exceeding its exports, widened again in the three months to December 2017, as exports to the European Union shrank. (more...)
Macy's Gears Clothing Line Toward Muslim Women Macy's Gears Clothing Line Toward Muslim Women
- February 09, 2018

She launched the collection after realizing modest and fashionable clothing was hard to find and difficult to afford. " Verona Collection is more than a clothing brand", said Lisa Vogl, founder of the Verona Collection in a statement. Last year, Nike launched a high-performance hijab for athletics. "After doing a bit of research, she realized that many other women, both Muslim and non-Muslim, felt the same way", the article said. (more...)
China's Didi Chuxing takes aim at Japan's taxi market China's Didi Chuxing takes aim at Japan's taxi market
- February 09, 2018

There are also plans to integrate satellite services, such as insurance, maintenance and fix, parking spaces and charging points, into an industry-wide platform that Didi said will reduce costs and enhance efficiency for the entire EV supply chain. (more...)
W&T Offshore (NYSE:WTI) Given News Sentiment Score of 0.12
- February 09, 2018

WTI has been the subject of a number of analyst reports. As per Wednesday, October 28, the company rating was maintained by Roth Capital. Shares of W&T Offshore (NYSE:WTI) now have an Average Brokerage Recommendation of 5, number of Recs in ABR is 1 while industry rank of the company by ABR is out of 265. (more...)
Purchases Shares of 4306 AO Smith Corp (NYSE:AOS)
- February 09, 2018

Ultragenyx Pharmaceutical Inc now has $2.30 billion valuation. The stock decreased 1.76% or $1.13 during the last trading session, reaching $63.04. The shares were sold at an average price of $61.81, for a total transaction of $927,150.00. Bernstein initiated Vipshop Holdings Limited (NYSE:VIPS) on Wednesday, January 11 with "Underperform" rating. The stock has "Neutral" rating by Credit Suisse on Wednesday, January 11. (more...)
Swiggy raises $100 mn from Naspers, China's Meituan-Dianping Swiggy raises $100 mn from Naspers, China's Meituan-Dianping
- February 09, 2018

The total funding raised by Swiggy so far is $255 million in six funding rounds. The food ordering and delivery market, worldwide, is projected to grow very rapidly in the coming years and the fact that an investment leader like Naspers has committed over $1 billion to the sector can be seen as a clear indication of this expectation. (more...)
SunTrust Banks Reiterates $89.00 Price Target for Camden Property Trust (NYSE:CPT)
- February 09, 2018

About 194,717 shares traded. It has underperformed by 16.70% the S&P500. According to Zacks brokerage recommendations, Camden Property Trust (NYSE:CPT)'s Buy count is 1 and Strong Buy is 8 while the number of analysts recommending Sell and Strong Sell are 0 and 7, respectively. (more...)
Extra Space Storage, Inc. (EXR) Receives $85.70 Consensus Price Target from Analysts
- February 09, 2018

The stock increased 1.35% or $1.08 during the last trading session, reaching $80.81. Using a broader approach, shares have been trading -3.26% off of the 200-day moving average. Several equities analysts recently commented on EXR shares. 41 funds opened positions while 128 raised stakes. Earnings per share is generally reported in annualized form from the most recent fiscal year. (more...)
Duke Realty Corp (DRE) Declares $0.20 Quarterly Dividend
- February 09, 2018

In the most recent quarterly financial report, for the quarter ending December 2017, Duke Realty Corporation ( DRE ) delivered a 3.60% surprise with its net revenue. Therefore 55% are positive. Duke Realty Corp has a fifty-two week low of $24.73 and a fifty-two week high of $30.14. (NASDAQ:COLB) presently have an average target price of $51.5. (more...)
Australia's Lowe sees no 'strong case' for near-term rate move Australia's Lowe sees no 'strong case' for near-term rate move
- February 09, 2018

The governor also said the worldwide market gyrations of recent days haven't affected the RBA's forecast for the economy to grow "a bit above" 3 percent for the next couple of years. "Given recent developments in Australia and overseas, it is likely that the next move in interest rates in Australia will be up, not down", Lowe said. (more...)
MEN publisher acquires Desmond's newspaper titles MEN publisher acquires Desmond's newspaper titles
- February 09, 2018

The stock market is now valuing Trinity Mirror as if it is in terminal decline with a price to earnings ratio of 2.2 (based on forecasts which do not take account the impact of this deal). He said the acquisition would be materially earnings enhancing in the first full year of ownership and give the larger group a more robust source of income based on circulation revenue rather than the more volatile advertising. (more...)
Cornerstone Financial Partners LLC Sells 2549 Shares of LGI Homes Inc (LGIH)
- February 09, 2018

Scout Investments Inc. now owns 48,575 shares of the financial services provider's stock worth $2,359,000 after buying an additional 6,600 shares in the last quarter. The company has a quick ratio of 0.86, a current ratio of 8.91 and a debt-to-equity ratio of 1.04. It dropped, as 14 investors sold LGIH shares while 53 reduced holdings. (more...)
Nordstrom (JWN) Given Media Impact Rating of 0.14
- February 09, 2018

It has underperformed by 16.70% the S&P500. Moreno Evelyn V decreased its stake in Nordstrom Inc ( JWN ) by 15.34% based on its latest 2017Q3 regulatory filing with the SEC. 70 funds opened positions while 148 raised stakes. (NYSE:JWN). Employees Retirement Of Texas stated it has 0.01% of its portfolio in Nordstrom, Inc . (more...)
Watching the Tape Move for Taiwan Index MSCI Ishares (EWT) Watching the Tape Move for Taiwan Index MSCI Ishares (EWT)
- February 09, 2018

There are bound to be extremes on both sides when analyzing buy and sell decisions. The Mesa Moving Average was first mentioned by John Ehlers in a paper published in a 2001 edition of Technical Analysis of Stocks and Commodities Magazine. RSI can be used to help spot overbought or oversold conditions. The RSI value will always move between 0 and 100. A reading from -80 to -100 would signal an oversold situation. (more...)
Empirical Finance LLC Invests $1.15 Million in Western Digital Corp (WDC) Stock
- February 09, 2018

Western Digital Corp (NASDAQ: WDC ) has earned an average recommendation of "Buy" from the thirty-eight ratings firms that are now covering the firm, MarketBeat Ratings reports. Canaccord Genuity maintained Belden Inc. The rating was maintained by Bernstein with "Buy" on Tuesday, January 23. The firm earned "Buy" rating on Thursday, July 6 by Stifel Nicolaus. (more...)
FTSE lifts from lows as USA markets stage fightback
- February 09, 2018

Asian markets, on the other hand, have benefitted from record low USA interest rates in the last decade because money has flowed into Asia in search of stronger returns. Wall Street saw its worst trading day in years on Monday as the Dow Jones industrial average plunged 1,175 points, marking the biggest daily point decline ever seen. (more...)
Purchases New Position in Chicago Bridge & Iron (CBI)
- February 09, 2018

The institutional investor held 41,002 shares of the consumer services company at the end of 2017Q3, valued at $2.04 million, up from 28,804 at the end of the previous reported quarter. Finally, Credit Suisse Group boosted their target price on Chicago Bridge & Iron from $13.00 to $15.00 and gave the company a "neutral" rating in a report on Friday, November 3rd. (more...)
BB&T Corp Invests $239000 in Mylan (MYL)
- February 09, 2018

Mivtachim The Workers Social Insurance Fund Ltd who had been investing in Mylan N V Shs Euro for a number of months, seems to be bullish on the $21.83B market cap company. Ellington Mngmt Limited Liability Company holds 34,500 shares. 139,930 were accumulated by Gulf Retail Bank (Uk) Limited. MYL trades with a P/S ratio of 1.86. (more...)
After A Day of Wild Market Swings, Dow Closes 567 Factors Greater
- February 09, 2018

Panic in other markets can send investors racing for the "safe haven" of Japanese yen holdings, she noted. Asian shares have opened lower and are tracking the overnight plunge on Wall Street . The losses were steady, unlike the sharp swings seen over the past few days. It's still up 15 percent over the past year. Numerous companies that rose the most over the past year have borne the brunt of the selling. (more...)
Tiffany & Co.'s (NYSE:TIF) Buy Rating Reiterated at Oppenheimer
- February 09, 2018

Janus Henderson Group PLC now owns 1,490,254 shares of the specialty retailer's stock worth $136,776,000 after purchasing an additional 277,753 shares in the last quarter. (NYSE:TIF) rating on Wednesday, January 17. Susquehanna has "Hold" rating and $100.0 target. Finally, KeyCorp raised shares of Tiffany & Co. from a "sector weight" rating to an "overweight" rating and upped their price target for the company from $94.50 to $115.00 in a research report on Friday, December 1st. (more...)

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