Money


New Zealand central bank leaves interest rate unchanged at 1.75 pct New Zealand central bank leaves interest rate unchanged at 1.75 pct
- August 10, 2017

At the May MPS, only one quarter-point rate hike was projected by 2020 and there has been speculation Thursday's forecasts will be just as flat. "The underlying message will be that the RBNZ is in no hurry to join some other major central banks in looking to remove policy accommodation". (more...)
Stocks down, gold up after North Korea threat Stocks down, gold up after North Korea threat
- August 10, 2017

European shares fell, following falls in Asia and on Wall Street. In the currency market, the Australian dollar is lower on Wednesday against the US dollar. The Swiss currency was also on track for its biggest daily gain against the euro since last year's Brexit vote. The dollar fell 0.39 percent against the yen . (more...)
Toshiba submits FY 2016 financial results, avoids immediate delisting Toshiba submits FY 2016 financial results, avoids immediate delisting
- August 10, 2017

The auditor did, however, issue an "adverse opinion" on Toshiba's internal controls, claiming that losses the firm incurred in connection to its now bankrupt USA nuclear arm Westinghouse were overlooked and not presented punctually. The losses mark the biggest Toshiba has suffered and are the largest-ever for a Japanese manufacturer, sources close to the matter said Thursday. The conglomerate is trying to sell its chip unit to pay down debt and cover the impact of a US$6.33 billion writedown ... (more...)
US, Australia, Japan want coercive acts at sea to be stopped US, Australia, Japan want coercive acts at sea to be stopped
- August 10, 2017

The two primary issues at the formal sessions are North Korea and the South China Sea . Furthermore, Washington wants ASEAN to do more to isolate the hermit kingdom from all ASEAN-led forums. Right after his address, which marked the beginning of his second year in office, Duterte conducted a press conference, where he nonchalantly threw out the prospect of resource-sharing with China within the Philippines' Exclusive Economic Zone (EEZ). (more...)
Yep, London's most expensive homes are having their prices cut Yep, London's most expensive homes are having their prices cut
- August 10, 2017

House price growth was nearly flat in July due to political uncertainty, lack of housing stock and tax changes, according to a sentiment survey of surveyors. That figure was 57% for homes listed between £500,000 and £1m, while 37% of surveyors said homes listed at less than £500,000 had been sold below their original asking price. (more...)
Markets Right Now: Dow average ends a 10-day winning streak Markets Right Now: Dow average ends a 10-day winning streak
- August 10, 2017

The S&P 500 , a broader gauge of U.S. companies, fell 0.24 percent to 2,474.92. The S&P 500 Index (SPX ) and Nasdaq Composite (COMP) finished lower as well, while the collective aversion to risk boosted the CBOE Volatility Index (VIX ) and "safe haven" assets like gold. (more...)
Syncona Ltd (LON:SYNC) Plans Dividend of GBX 2.30 Syncona Ltd (LON:SYNC) Plans Dividend of GBX 2.30
- August 10, 2017

PVG Asset Management Corp acquired a new stake in Astrazeneca PLC during the first quarter worth $8,242,000. Fisher Asset Management LLC now owns 11,081,856 shares of the company's stock worth $377,780,000 after buying an additional 9,160,764 shares during the last quarter. (more...)
Securities Analyst Recommendations: Encana Corporation (ECA), Regions Financial Corporation (RF)
- August 10, 2017

This represents an increase of 791% compared to the average volume of 2,583 call options. About 2.89M shares traded. According to Financial Times, The 27 analysts offering 12 month price targets for Regions Financial Corp have a median target of 15.00, with a high estimate of 17.50 and a low estimate of 13.00. (more...)
Walmart apologizes for sign marketing guns as back-to-school items Walmart apologizes for sign marketing guns as back-to-school items
- August 10, 2017

An apparent miscommunication resulted in a mixup with a sign in a Walmart store . One Twitter user had a simple question for Walmart, the largest retailer of firearms and ammunition in the United States: "What are you suggesting?" It's back-to-school season, which means young people are getting outfitted and stocking up on supplies for the new academic year. (more...)
BidaskClub Downgrades Office Depot, Inc BidaskClub Downgrades Office Depot, Inc
- August 10, 2017

The lowest price the stock reached in the last trading day was $101.9 and compares with the $87.06 52-week low. COPYRIGHT VIOLATION NOTICE: " Office Depot, Inc ". On 5/9/2017 announced a quarterly dividend of $0.03 with an ex dividend date of 5/23/2017 which will be payable on 5/25/2017. State Common Retirement Fund holds 0% or 741,339 shares. (more...)
Vantiv, Inc. Class A (VNTV) Sees New 52-Week High
- August 10, 2017

Diamond Hill Capital Management Inc decreased Tegna Inc. stake by 214,857 shares to 8.88 million valued at $189.87M in 2016Q4. Pictet Asset Management Ltd. The firm's quarterly revenue was up 10.3% on a year-over-year basis. BlackRock Inc. boosted its stake in shares of Vantiv by 3,456.0% in the first quarter. (more...)
South African Rand Slides on Zuma Vote South African Rand Slides on Zuma Vote
- August 10, 2017

The rand has fallen from RS13.2 against the dollar just before the vote to RS13.5, and South Africa has been facing increased criticism from credit rating agencies regarding central bank independence, credit concerns and high government spending. (more...)
Arraignment of United Kingdom security researcher Hutchins delayed to Monday Arraignment of United Kingdom security researcher Hutchins delayed to Monday
- August 10, 2017

In a statement issued on Friday, British MP Peter Heaton-Jones expressed his concern at Hutchins' arrest . Hutchins' lawyer has confirmed that he will be pleading not guilty to all charges, with the alleged offences taking place between July 2014 and July 2015. (more...)
Amazon.com, Inc. (AMZN) is Atalanta Sosnoff Capital LLC's 6th Largest Position
- August 10, 2017

The company has market cap of $878.02 million. Dividends are mostly given in terms of cash payments, property or as shares of stock. About 1.05M shares traded. 20,307 Apple Inc. (NASDAQ:AAPL) shares with value of $2.95M were sold by Maestri Luca. Strong Sell. Investors might also notice that two months ago the Buy recommendations (4) outnumbered Sell recommendations (0). (more...)
Amc Entertainment Holdings Inc (AMC) Has Stock More Room to Run
- August 10, 2017

Other research analysts also recently issued research reports about the company. On August 24 analysts at Loop Capital initiated coverage on the stock by announcing an initial rating of "Buy". The ex-dividend date of this dividend is Friday, September 8th. This dividend represents a yeild of $4.92 which is the dividend as a percentage of the current share price. (more...)
Strategic Global Advisors LLC Has $248000 Stake in Exxon Mobil Corporation (XOM) Strategic Global Advisors LLC Has $248000 Stake in Exxon Mobil Corporation (XOM)
- August 10, 2017

The lowest price the stock reached in the last trading day was $1.1 and compares with the $1.1 52-week low. About 10,924 shares traded. Exxon Mobil Corporation has a one year low of $78.27 and a one year high of $93.22. Parnassus Investments acquired 189,466 shares as Micron Technology Inc. Morgan Dempsey Capital Management Llc owns 81,568 shares or 3.12% of their USA portfolio. (more...)
Enbridge Energy Partners LP (NYSE:EEP) Stock Price Down as Sentiment Falls
- August 10, 2017

The institutional investor owned 29,579 shares of the pipeline company's stock after buying an additional 51 shares during the period. Shares of Enbridge Energy, L.P. On average, equities research analysts predict that Enbridge Energy, L.P. will post $0.79 EPS for the current year. The business also recently announced a quarterly dividend, which will be paid on Monday, August 14th. (more...)
BHP Billiton Limited (BHP) Receiving Somewhat Positive Media Coverage, Report Finds
- August 10, 2017

Nike Inc now has $98.20B valuation. The stock declined 0.13% or $0.09 reaching $71.38 per share. AbbVie Inc (NYSE:ABBV) has risen 10.63% since August 9, 2016 and is uptrending. 30,024 are held by Riverhead Capital Mngmt Lc. Tiaa Cref Tru Fsb Mo holds 0.08% or 171,065 shares. Fiduciary Wi invested 0.62% in Robert Half International Inc. (more...)
British Airways announces non-stop flights from Nashville to London British Airways announces non-stop flights from Nashville to London
- August 10, 2017

The route will be operated by a B787-8, with return fares in economy starting from £749, £1196 in premium economy and £1,849 in business, available to book now. Armed police were apparently called to a flight sitting on the runway at Heathrow last weekend, as passenger fury over a two-day flight delay - including two aborted takeoff attempts - spilled over. (more...)
Ropes Wealth Advisors LLC Has $438000 Position in Starbucks Corporation (NASDAQ:SBUX) Ropes Wealth Advisors LLC Has $438000 Position in Starbucks Corporation (NASDAQ:SBUX)
- August 10, 2017

Pacifica Capital Investments, LLC trimmed its ownership by shedding 8,350 shares a decrease of 1.6% from 03/31/2017 to 06/30/2017. Gradient Investments LLC boosted its stake in shares of Starbucks Corporation by 62.6% in the first quarter. (more...)