Money
Asia's tycoon, billionaire and empire-builder Li Ka-shing retires
- March 16, 2018
The customary lament is that we shall not look upon his like again. The only person in Asia richer than Mr Li, according to Forbes , is India's Mukesh Ambani. He has also sought to trim his Hong Kong assets and his CK Asset Holdings sold its stake in the Center skyscraper - one of the jewels in the crown of his property portfolio in the city - in November for a record HK$40.2 billion ($5.2 billion). (more...)
- March 16, 2018
The customary lament is that we shall not look upon his like again. The only person in Asia richer than Mr Li, according to Forbes , is India's Mukesh Ambani. He has also sought to trim his Hong Kong assets and his CK Asset Holdings sold its stake in the Center skyscraper - one of the jewels in the crown of his property portfolio in the city - in November for a record HK$40.2 billion ($5.2 billion). (more...)
Vanguard 500 ETF (VOO) Declines 0.09% for Mar 15
- March 16, 2018
The volatility of today's markets can test the nerves of any investor. Shares of Vanguard High Dividend Yield ETF ( NYSEARCA VYM ) opened at $85.51 on Friday. Currently, the 14-day ADX for S&P 500 Growth ETF Vanguard (VOOG) is sitting at 15.66. If the RSI is closer to 100, this may indicate a period of stronger momentum. (more...)
- March 16, 2018
The volatility of today's markets can test the nerves of any investor. Shares of Vanguard High Dividend Yield ETF ( NYSEARCA VYM ) opened at $85.51 on Friday. Currently, the 14-day ADX for S&P 500 Growth ETF Vanguard (VOOG) is sitting at 15.66. If the RSI is closer to 100, this may indicate a period of stronger momentum. (more...)
Bitcoin Price Tanked and It Could Hit $5000 Level, Analysts Say
- March 16, 2018
Though a short recovery saw it increase the market cap to $317 billion, this is still lower than Bitcoins apex market cap of $335 billion achieved in mid-December. Therefore, Bitcoin was involved in a fall in price by around 13%, and at some point, it was selling at $7,800. What's more, the trustee of the closed bitcoin exchange Mt. (more...)
- March 16, 2018
Though a short recovery saw it increase the market cap to $317 billion, this is still lower than Bitcoins apex market cap of $335 billion achieved in mid-December. Therefore, Bitcoin was involved in a fall in price by around 13%, and at some point, it was selling at $7,800. What's more, the trustee of the closed bitcoin exchange Mt. (more...)
Amazon Japan offices raided in competition probe
- March 16, 2018
Back in 2016, the watchdog raided the Japanese HQ on suspicions that the company had forced retailers to set prices on Amazon Japan lower than prices for the same products listed on other retail sites. Using unnamed sources, the paper reported that Amazon told its suppliers that it threatened to stop working with them if they did not pay the "collaboration" fees. (more...)
- March 16, 2018
Back in 2016, the watchdog raided the Japanese HQ on suspicions that the company had forced retailers to set prices on Amazon Japan lower than prices for the same products listed on other retail sites. Using unnamed sources, the paper reported that Amazon told its suppliers that it threatened to stop working with them if they did not pay the "collaboration" fees. (more...)
Full List of Flights Indigo, GoAir Cancelled This Month
- March 16, 2018
Budget carriers IndiGo and GoAir have cancelled more than 600 flights scheduled over the next few days after the Directorate General of Civil Aviation grounded A320 neo planes that ran on faulty Pratt & Whitney engines, PTI reported on Friday. (more...)
- March 16, 2018
Budget carriers IndiGo and GoAir have cancelled more than 600 flights scheduled over the next few days after the Directorate General of Civil Aviation grounded A320 neo planes that ran on faulty Pratt & Whitney engines, PTI reported on Friday. (more...)
Toys R Us gift cards good only for the next 30 days
- March 16, 2018
However, it is unclear if Toys "R" Us will allow customers to redeem these gift cards for cash over the next 30 days. The move puts a nail in the company's coffin, likely meaning the closure of almost all of its approximately 700 remaining US stores. (more...)
- March 16, 2018
However, it is unclear if Toys "R" Us will allow customers to redeem these gift cards for cash over the next 30 days. The move puts a nail in the company's coffin, likely meaning the closure of almost all of its approximately 700 remaining US stores. (more...)
RiverPoint Capital Management LLC Increases Position in Corning Incorporated (GLW)
- March 16, 2018
About 1.18 million shares traded or 257.61% up from the average. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since March 15, 2017 and is uptrending. It has underperformed by 39.93% the S&P500. The company was maintained on Thursday, June 22 by BMO Capital Markets. Kempner Cap holds 0.42% in The Boeing Company (NYSE:BA) or 2,529 shares. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has assigned a strong ... (more...)
- March 16, 2018
About 1.18 million shares traded or 257.61% up from the average. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since March 15, 2017 and is uptrending. It has underperformed by 39.93% the S&P500. The company was maintained on Thursday, June 22 by BMO Capital Markets. Kempner Cap holds 0.42% in The Boeing Company (NYSE:BA) or 2,529 shares. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has assigned a strong ... (more...)
How Many Activision Blizzard, Inc. (NASDAQ:ATVI)'s Analysts Are Bearish?
- March 16, 2018
The stock decreased 1.62% or $1.2 during the last trading session, reaching $73.02. 0 million shares traded at hands and its average volume is noted at 6.36 million shares. Johnson Financial Group Inc, which manages about $8.40 billion and $760.26 million US Long portfolio, upped its stake in Archer Daniels Midland Co (NYSE:ADM) by 8,031 shares to 89,879 shares, valued at $3.82 million in 2017Q3, according to the filing. (more...)
- March 16, 2018
The stock decreased 1.62% or $1.2 during the last trading session, reaching $73.02. 0 million shares traded at hands and its average volume is noted at 6.36 million shares. Johnson Financial Group Inc, which manages about $8.40 billion and $760.26 million US Long portfolio, upped its stake in Archer Daniels Midland Co (NYSE:ADM) by 8,031 shares to 89,879 shares, valued at $3.82 million in 2017Q3, according to the filing. (more...)
Analysts Set MGM Growth Properties LLC (MGP) PT at $31.38
- March 16, 2018
Now trading with a market value of 19.72B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 0.82. (more...)
- March 16, 2018
Now trading with a market value of 19.72B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 0.82. (more...)
Nike president resigns amid investigation into workplace behavior
- March 16, 2018
In it, Parker says Edwards' departure coincides with a broader pattern of employee complaints about behavior that goes against the company's ethos of "mutual respect, inclusion and teamwork". Edwards, one of the highest-profile African-American executives in the industry, will remain an adviser to Parker during the transition. Nike also announced that Parker will be chairman and CEO of the company beyond 2020. (more...)
- March 16, 2018
In it, Parker says Edwards' departure coincides with a broader pattern of employee complaints about behavior that goes against the company's ethos of "mutual respect, inclusion and teamwork". Edwards, one of the highest-profile African-American executives in the industry, will remain an adviser to Parker during the transition. Nike also announced that Parker will be chairman and CEO of the company beyond 2020. (more...)
Stock Moving Higher Pre-Bell: Marathon Petroleum Corporation (NYSE:MPC)
- March 16, 2018
The stock increased 0.17% or $0.12 during the last trading session, reaching $69.36. Its distance from 20-days simple moving average is 3.47%, and its distance from 50 days simple moving average is 1.75% while it has a distance of 16.59% from the 200 days simple moving average. (more...)
- March 16, 2018
The stock increased 0.17% or $0.12 during the last trading session, reaching $69.36. Its distance from 20-days simple moving average is 3.47%, and its distance from 50 days simple moving average is 1.75% while it has a distance of 16.59% from the 200 days simple moving average. (more...)
First Direct Edinburgh - Beijing Flights
- March 16, 2018
Tánaiste Simon Coveney - who is visiting China as part of Irish ministers' worldwide trips to mark St Patrick's Day - announced the new routes at a reception at the Irish Embassy in Beijing. Flights will depart Beijing at 01:30, arriving in Dublin at 06:00. "This first ever direct route to mainland China and the first Irish destination in Hainan Airlines' worldwide network is a major achievement, which will prove transformational to the bilateral relationship between China and Ireland", ... (more...)
- March 16, 2018
Tánaiste Simon Coveney - who is visiting China as part of Irish ministers' worldwide trips to mark St Patrick's Day - announced the new routes at a reception at the Irish Embassy in Beijing. Flights will depart Beijing at 01:30, arriving in Dublin at 06:00. "This first ever direct route to mainland China and the first Irish destination in Hainan Airlines' worldwide network is a major achievement, which will prove transformational to the bilateral relationship between China and Ireland", ... (more...)
British bank HSBC to disclose 59 pct gender pay gap
- March 16, 2018
HSBC has revealed a gender pay gap of 59%, one of the biggest yet disclosed by a British bank . Last month, Asia-focused Standard Chartered reported a gap of 30 percent in Britain, while Virgin Money - the only major United Kingdom lender run by a woman - said its female staff earned on average 32.5 percent less per hour than its male workforce. (more...)
- March 16, 2018
HSBC has revealed a gender pay gap of 59%, one of the biggest yet disclosed by a British bank . Last month, Asia-focused Standard Chartered reported a gap of 30 percent in Britain, while Virgin Money - the only major United Kingdom lender run by a woman - said its female staff earned on average 32.5 percent less per hour than its male workforce. (more...)
Pawan Kalyan lays foundation for new home in Amaravati
- March 16, 2018
Kalyan, who wanted to work together in public interest and mount pressure on both the Central and State governments to keep their promises. Kalyan said the kind of "injustice" the Centre meted out to Andhra Pradesh in the last four yeas "is burning, agonising and killing us". (more...)
- March 16, 2018
Kalyan, who wanted to work together in public interest and mount pressure on both the Central and State governments to keep their promises. Kalyan said the kind of "injustice" the Centre meted out to Andhra Pradesh in the last four yeas "is burning, agonising and killing us". (more...)
Cabot Oil & Gas Corporation (NYSE:COG) Future Growth Projections From Analysts
- March 16, 2018
It has outperformed by 33.43% the S&P500. Stonehearth Capital Management LLC acquired a new position in shares of BP in the fourth quarter valued at $115,000. Commonwealth National Bank Of Australia holds 0% or 531 shares. Perkins Capital Management reported 2.28% of its portfolio in IDEXX Laboratories, Inc. (more...)
- March 16, 2018
It has outperformed by 33.43% the S&P500. Stonehearth Capital Management LLC acquired a new position in shares of BP in the fourth quarter valued at $115,000. Commonwealth National Bank Of Australia holds 0% or 531 shares. Perkins Capital Management reported 2.28% of its portfolio in IDEXX Laboratories, Inc. (more...)
Stock Price Analysis of Applied Materials, Inc. (AMAT)
- March 16, 2018
The shares of Applied Materials, Inc . have increased by more than 20.52% this year alone. The stock increased 3.77% or $2.24 during the last trading session, reaching $61.61. This represents a $0.80 annualized dividend and a dividend yield of 1.31%. It is positive, as 40 investors sold AMAT shares while 325 reduced holdings. (more...)
- March 16, 2018
The shares of Applied Materials, Inc . have increased by more than 20.52% this year alone. The stock increased 3.77% or $2.24 during the last trading session, reaching $61.61. This represents a $0.80 annualized dividend and a dividend yield of 1.31%. It is positive, as 40 investors sold AMAT shares while 325 reduced holdings. (more...)
Lookout for Price Target? FNB Corporation (FNB), Philip Morris International Inc. (PM)
- March 16, 2018
LGL Partners LLC now owns 1,821 shares of the company's stock valued at $214,000 after purchasing an additional 17 shares during the last quarter. Philip Morris International Inc. Nationwide Fund Advisors holds 702,271 shares. Its up 11.52% from 8.64 million shares, reported previously. Prudential Inc reported 115,976 shares. Hudock Capital Group LLC lifted its stake in Philip Morris International by 0.3% in the second quarter. (more...)
- March 16, 2018
LGL Partners LLC now owns 1,821 shares of the company's stock valued at $214,000 after purchasing an additional 17 shares during the last quarter. Philip Morris International Inc. Nationwide Fund Advisors holds 702,271 shares. Its up 11.52% from 8.64 million shares, reported previously. Prudential Inc reported 115,976 shares. Hudock Capital Group LLC lifted its stake in Philip Morris International by 0.3% in the second quarter. (more...)
Abzena's (ABZA) "Buy" Rating Reaffirmed at Peel Hunt
- March 16, 2018
The stock of Photronics, Inc. The stock has "Neutral" rating by Goldman Sachs on Monday, November 21. Wedbush maintained Pegasystems Inc. Credit Suisse has "Underperform" rating and $54 target. Vachris Roland Michael had sold 5,200 shares worth $977,510. (NASDAQ:PLAB) shares. Shares for $841,500 were sold by MACRICOSTAS CONSTANTINE S on Wednesday, February 21. (more...)
- March 16, 2018
The stock of Photronics, Inc. The stock has "Neutral" rating by Goldman Sachs on Monday, November 21. Wedbush maintained Pegasystems Inc. Credit Suisse has "Underperform" rating and $54 target. Vachris Roland Michael had sold 5,200 shares worth $977,510. (NASDAQ:PLAB) shares. Shares for $841,500 were sold by MACRICOSTAS CONSTANTINE S on Wednesday, February 21. (more...)
Wells Fargo & Company (NYSE:WFC) faces sanctions for auto insurance payouts
- March 16, 2018
City Holding Co. now owns 60,755 shares of the financial services provider's stock worth $3,686,000 after acquiring an additional 1,596 shares in the last quarter. It improved, as 92 investors sold WFC shares while 725 reduced holdings. 61 funds opened positions while 130 raised stakes. Heritage Management holds 247,201 shares or 0.88% of its portfolio. (more...)
- March 16, 2018
City Holding Co. now owns 60,755 shares of the financial services provider's stock worth $3,686,000 after acquiring an additional 1,596 shares in the last quarter. It improved, as 92 investors sold WFC shares while 725 reduced holdings. 61 funds opened positions while 130 raised stakes. Heritage Management holds 247,201 shares or 0.88% of its portfolio. (more...)
Parent company of Winn-Dixie enters restructuring agreement
- March 16, 2018
In addition to Winn-Dixie, Southeastern Grocers owns BiLo, Harvey's Supermarkets, and Fresco y Más stores. Under the restructuring, Southeastern Grocers is closing 19 stores in Georgia, nine stores in North Carolina and 19 stores in SC, including five in the Midlands. (more...)
- March 16, 2018
In addition to Winn-Dixie, Southeastern Grocers owns BiLo, Harvey's Supermarkets, and Fresco y Más stores. Under the restructuring, Southeastern Grocers is closing 19 stores in Georgia, nine stores in North Carolina and 19 stores in SC, including five in the Midlands. (more...)
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