Business


US Treasury yields rise as markets await Fed meeting
- September 18, 2017

And now it's time for the Fed to begin selling that debt. Doing so, even gradually, will likely make some long-term loans, like mortgages, costlier. With no major economic reports on Monday's agenda stateside, traders looked ahead to the Fed's two-day policy meeting beginning on Tuesday. (more...)
Top Performer of the day: Exelon Corporation (EXC)
- September 18, 2017

The company has market cap of $36.11 billion. Fdx Advisors owns 59,504 shares for 0.06% of their portfolio. About 1.59 million shares traded. Norfolk Southern Corp. Volume on the day was 3.91 million shares. Moreover, Senzar Asset Management Llc has 1.07% invested in the company for 111,375 shares. (NASDAQ:ISBC). (more...)
Toys R Us may file for bankruptcy before holidays Toys R Us may file for bankruptcy before holidays
- September 18, 2017

Many have speculated the move comes as part of a growing move by consumers to turn to online shopping or discount retailers. Toys "R" Us is reported to be around $5 billion (£3.6 billion) in debt and is working on a loan as part of the bankruptcy filing in order to reassure its vendors it is able to keep all the legendary toys on the shelves. (more...)
Enjoy deals for National Cheeseburger Day Enjoy deals for National Cheeseburger Day
- September 18, 2017

The burgers will be available until stocks last, so it'll be interesting to see how many of these bad boys get snagged up! At Wendy's, customers can get a Jr. You can download the mymacca's app free on iOS and Android . Ruby Tuesday is giving members of its "So Connected" program a coupon for a special deal. (more...)
MGM announces plans for new CT casino MGM announces plans for new CT casino
- September 18, 2017

MGM Resorts International (NYSE:MGM) has risen 45.28% since September 17, 2016 and is uptrending. The institutional investor held 104,031 shares of the investment bankers and brokers and service company at the end of 2016Q4, valued at $5.87M, up from 20,905 at the end of the previous reported quarter. (more...)
European Stocks Called Higher as Dollar Holds Firm Ahead of Fed Meeting European Stocks Called Higher as Dollar Holds Firm Ahead of Fed Meeting
- September 18, 2017

Already down 0.3 percent on the day, sterling lost half a cent to hit the day's low of $1.3503, down 0.6 percent after Carney's comments. The local economic data week kicks off today with the performance of services index for August but the main event ahead of the election on Saturday is likely to be gross domestic product figures for the second quarter, due out on Wednesday and expected to show the economy accelerated to a 0.8 percent quarterly pace for an annual rate of growth of 2.5 ... (more...)
First Interstate Bank Raised Blackrock (BLK) Holding; Gladstone Capital Has 1.67 Sentiment
- September 18, 2017

Gladstone Land Corp (NASDAQ:LAND) has risen 10.50% since September 18, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Analysts await Gladstone Land Corp (NASDAQ:LAND) to report earnings on November, 13. Goldman Sachs Group owns 36,003 shares. Kcm Inv Limited Com owns 707 shares for 0.02% of their portfolio. 22,913 are held by Janney Montgomery Scott Lc. (more...)
Northrop Grumman Working to Purchase Orbital ATK Northrop Grumman Working to Purchase Orbital ATK
- September 18, 2017

In 2015, Northrop won an $80 billion mega-contract from the USA military for the Long Range Strike Bomber planned for the mid-2020s. The acquisition of Orbital would strengthen Northrop Grumman's capabilities in military aircraft technology and missile defense. (more...)
Parsons Green tube bombing: Second man arrested in London
- September 18, 2017

Detectives will continue to work to establish whether more plotters were involved in the Parsons Green terror attack , as a teenager remained in custody over the blast . A Mother Of Satan bucket bomb was placed on a packed rush hour District Line tube which partially detonated at the station at around 8.20am, injuring 30 - but what do we know about the manhunt so far? The couple previously received MBEs for services to children and families in 2010. (more...)
Belgium beat Australia 3-2 to reach Davis Cup final Belgium beat Australia 3-2 to reach Davis Cup final
- September 18, 2017

Goffin had not beaten Kyrgios in their three previous encounters but this was their first match on clay and, with the home advantage, that proved critical for the 26-year-old Belgian. Tsonga kept misfiring and he dropped serve again in the seventh game with Lajovic bagging the first set easily. "It's incredible. It was the match of my career in the Davis Cup so far", an elated Goffin told reporters after levelling the match 2-2. (more...)
Dixon Technologies (India) makes a stellar debut Dixon Technologies (India) makes a stellar debut
- September 18, 2017

The stock hit a high of Rs 2,908 on BSE and Rs 2,899 on NSE after few seconds of its listing. A combined 1.67 million shares changed hands on the counter on BSE and NSE so far. For FY2017, Dixon Technologies reported a net profit of Rs. 50 crore on sales of Rs. 2,457 crore in FY2017. It is the home-grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets. (more...)
Trump retweets GIF of himself swinging at golf ball that hits Clinton Trump retweets GIF of himself swinging at golf ball that hits Clinton
- September 18, 2017

White House spokeswomen did not respond to a request for comment. While Trump's supporters viewed the GIF as "extremely amusing", one unhappy critic said the retweet " should be able to be used against [Trump] in court ". While some Twitter users praised Trump for his "sense of humour" following the golf ball retweet, others berated him. Trump's retweeting spree came on the heels of a week during which he drew criticism from pockets of his political base as he signaled he was close to a ... (more...)
Slack gets slice of SoftBank's US$100b tech bounty Slack gets slice of SoftBank's US$100b tech bounty
- September 18, 2017

The latest fund-raising, led by SoftBank through its giant Vision Fund and joined by Accel and other investors, lifted Slack's total funds raised to $841 million (roughly Rs. SoftBank's Vision Fund raised nearly $100bn this year and is blanketing the venture capital market and tech sector with the money. That deal was the largest venture deal in India, people familiar with the matter said at the time. (more...)
Rite Aid Corporation (RAD) Bond Prices Rise 3.3% Rite Aid Corporation (RAD) Bond Prices Rise 3.3%
- September 18, 2017

The stock increased 1.20% or $0.03 on September 15, reaching $2.52. Shares are trading at $2.63 which is quite a bit higher than $2.36, the stock's 50 day moving average and which is significantly below the 200 day moving average of $3.44. The stock of Rite Aid Corporation (NYSE: RAD ) has "Hold" rating given on Monday, September 11 by Loop Capital Markets. The stock now has an average rating of "Hold" and an average target price of $4.28. (more...)
Merck & Company, Inc. (MRK) Short Interest Up 27.3% in August
- September 18, 2017

Merck & Co, Inc is a global healthcare company. The stock increased 0.06% or $0.04 on September 15, reaching $66.16. About 14.69M shares traded or 97.45% up from the average. Gamco Inc Et Al holds 0.09% of its portfolio in Alere Inc (NYSE:ALR) for 380,545 shares. Goldcorp Inc New now has $11.48B valuation. (NYSE:MRK) were released by: Seekingalpha.com and their article: "Merck: Keytruda As A Growth Driver" published on August 30, 2017 as well as Seekingalpha.com's news article titled: "Can ... (more...)
PwC reveals black and Asian workers are paid 13% less PwC reveals black and Asian workers are paid 13% less
- September 18, 2017

The report was released alongside gender pay gap figures. With its latest figures on BAME employees, the firm hopes that publishing such data "can do the same for tackling ethnicity challenges". The firm posted profits of £822m ($1.11bn) for the year to the end of June, a 1% decline on the preceding 12 month period. PwC UK chair and senior partner Kevin Ellis told City A.M. (more...)
Ontario General Motors plant workers go on strike Ontario General Motors plant workers go on strike
- September 18, 2017

Members of Unifor Local 88, which represents assembly line workers at the plant, met at the London Convention Centre for a strike information meeting. For the year to date, Equinox sales are up 17% compared with the first eight months of 2016. A General Motors plant in Ingersoll has been hit by a strike. (more...)
Top end London house prices drop £300k in month Top end London house prices drop £300k in month
- September 18, 2017

The largest falls were registered in Kensington & Chelsea, with Camden also hit hard. "We can also see that overall year-on-year asking prices are still seeing positive growth, albeit at a subdued pace". This is the lowest annual rate of house price increase since February 2012 when it stood at 0.7 per cent. The report comes just over a week after Halifax suggested the slowdown in Britain's housing market could be coming to an end, as United Kingdom house prices rose 0.1% between June and ... (more...)
Ryanair cancelled flights see shares TUMBLE as passengers rage over travel disruption Ryanair cancelled flights see shares TUMBLE as passengers rage over travel disruption
- September 18, 2017

Ryanair operates flights from Paphos and Larnaca. Will my flight on Thursday be cancelled or not? Under the EU261 Regulation, Ryanair is required to provide meals and refreshments for the amount of time you are stranded, two phone calls or emails and hotel accommodation if it becomes necessary. (more...)
Nifty scales fresh peak of 10167.15, Sensex climbs 235 pts Nifty scales fresh peak of 10167.15, Sensex climbs 235 pts
- September 18, 2017

At 9:56 am, the Sensex was trading 208 points higher at 32483 level and the Nifty rose 78.10 points 10,162 level. The 30-share Sensex too was in bullish form, rising 235.45 points, or 0.72 per cent, at 32,508.06. However, as the global bourses made a comeback with Wall Street hitting new highs, the investors have found renewed vigour. Forecasters expect the Federal Reserve to leave rates unchanged and stick to plans to raise rates in December, Associated Press reported. (more...)
CBS's Ten Acquisition Overcomes Legal Challenge from Local Mogul CBS's Ten Acquisition Overcomes Legal Challenge from Local Mogul
- September 18, 2017

While they're due to vote on the offer from CBS, the most-watched US network, on Tuesday, they may still seek to adjourn the ballot in order to assess Murdoch and Gordon's competing proposal. He affirmed that the question for the court was "not, and should not be, which of any competing commercial proposals put by interested parties would be most advantageous to the creditors of the Ten Group companies" - including shareholders and employees. (more...)
Alcoa Corporation (NYSE:AA) Sees Significantly Lower Trading Volume
- September 18, 2017

Credit Suisse Group started coverage on shares of Alcoa Corp.in a research report on Wednesday, August 9th. Several brokerages have issued reports on AA. The legal version of this article can be viewed at https://www.truebluetribune.com/2017/09/15/alcoa-corp-aa-upgraded-at-deutsche-bank-ag.html. Citadel Advisors LLC expanded its stake by buying 108,597 shares an increase of 97.7% as of 06/30/2017. (more...)
Davis Cup: Ramanathan loses to Shapovalov, Canada take 3-1 lead Davis Cup: Ramanathan loses to Shapovalov, Canada take 3-1 lead
- September 18, 2017

In Davis Cup Tennis World Group Play Offs being played at Edmonton in Canada, India and Canada are level with one victory each at the end of day one. When and where will the Davis Cup tie between Canada and India be played? The 18-year-old also scalped Juan Martin Del Potro and Jo Wilfred Tsonga in his astonishing rise in world tennis in the last few months. (more...)
Over 100 escaped British Virgin Islands prisoners re-captured
- September 18, 2017

Kimarley Brathweite, 13, sits in his grandmother's damaged apartment in the Tutu High Rise in St. Thomas on September 12. The same was true for the nearby island of Anguilla and especially the USA and British Virgin Islands . CubaCop told that the island needs support and solidarity from friends worldwide, thus, the association started to mobilize to send material aid. But he'll be increasing CDEMA's presence in the British Virgin Islands where 75 to 80 percent of the housing stock has been ... (more...)
Trump, Moon to increase pressure on N.Korea: White House Trump, Moon to increase pressure on N.Korea: White House
- September 18, 2017

Sen. Dianne Feinstein, who sits on the Senate Intelligence Committee, said she was very concerned about North Korea's rapid nuclear buildup. "Too bad!" Trump tweeted to his 38.5 million Twitter followers in reference to ramped-up U.N. (more...)
Evaluating today's stock market for: Tyson Foods, Inc
- September 17, 2017

Nomura Holdings Inc who had been investing in Tyson Foods Inc for a number of months, seems to be bullish on the $24.02B market cap company. The company's stock had a trading volume of 6,414,478 shares. Zacks Investment Research downgraded Tyson Foods from a "buy" rating to a "hold" rating in a research note on Friday, October 28th. Therefore 54% are positive. (more...)
Inphi Corporation's (IPHI) "Hold" Rating Reaffirmed at Northland Securities
- September 17, 2017

It has outperformed by 21.64% the S&P500. Symphony Asset Management Llc increased Inphi Corp Com (IPHI) stake by 144.13% reported in 2016Q4 SEC filing. During the same quarter a year ago, the company earned $0.32 EPS. After $0.71 actual EPS reported by Bioverativ Inc for the previous quarter, Wall Street now forecasts -25.35% negative EPS growth. (more...)
Computacenter plc (LON:CCC) Plans GBX 7.40 Dividend
- September 17, 2017

Vernalis plc (LON:VER)'s stock had its "hold" rating restated by analysts at N+1 Singer in a research report issued on Tuesday. The firm has "Underperform" rating by BNP Paribas given on Monday, September 7. The firm's 50-day moving average is GBX 936.16 and its 200 day moving average is GBX 838.46. If you are reading this story on another site, it was copied illegally and republished in violation of USA & global copyright & trademark laws. (more...)
Revenue Estimates for Investors: American Axle & Manufacturing Holdings Inc. (AXL) Revenue Estimates for Investors: American Axle & Manufacturing Holdings Inc. (AXL)
- September 17, 2017

A price target is the projected price level of a financial security stated by an investment analyst. Bank of America downgraded the stock to "Neutral" rating in Tuesday, June 21 report. Thrivent Financial For Lutherans now owns 3,132,490 shares of the auto parts company's stock worth $58,828,000 after purchasing an additional 2,483,880 shares during the last quarter. (more...)
Stock on the Move: Diamond Offshore Drilling (DO)
- September 17, 2017

The stock decreased 0.90% or $0.1 on September 15, reaching $11.05. About 96,965 shares traded. Interpublic Group of Companies Inc (NYSE:IPG) has risen 3.01% since September 17, 2016 and is uptrending. After $1.30 actual EPS reported by Metlife Inc for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth. Corecommodity Limited Com owns 3,669 shares or 0.06% of their U.S. (more...)

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