Business


Sprint Corp surges on reports of T-Mobile merger talk Sprint Corp surges on reports of T-Mobile merger talk
- September 19, 2017

USA wireless carriers T-Mobile US Inc ( TMUS .O) and Sprint Corp (S.N) are said to be in active merger talks, CNBC reported on Tuesday, citing sources. However, the report also notes that T-Mobile isn't quite ready to absorb Sprint, and isn't far enough along in the legal or logistical aspects of a proposed merger to even say whether or not it's possible. (more...)
Gold up as dollar eases, markets eye Fed meet
- September 19, 2017

Ten of the 11 major S&P sectors were higher, led by a 0.59 percent gain in the financial index . Janet Yellen's term as US Federal Reserve chair is up in February, and president Trump has waffled on whether he will reappoint her, from insisting she is tainted by her association as an Obama nomination, to suggesting that, as a "low-interest rate person", he approves of her dovishness. (more...)
Dirty money: who flushed €90000 down the loo in Geneva? Dirty money: who flushed €90000 down the loo in Geneva?
- September 19, 2017

The money - around €90,000 (£80,000), says ABC News - is thought to have been cut up with scissors. A Spanish lawyer reportedly paid to fix the toilets where the money was found, though it's not clear why, according to a French news report in the Tribune de Geneve , translated by NPR . (more...)
Federal Reserve Expected to Hold US Interest Rates Steady Federal Reserve Expected to Hold US Interest Rates Steady
- September 19, 2017

The Dow closed at a record high on Friday, and so did the S&P 500. During the 2008 financial crisis, Washington slashed the key interest rate almost to zero in a bid to boost growth and jobs. That marked a rise of 22 basis points from 10-month lows set on September 8, when US bond yields fell on risk aversion, partly stemming from concerns about U.S. (more...)
This Week's FOMC Meet May Trigger Stock Rotation This Week's FOMC Meet May Trigger Stock Rotation
- September 19, 2017

Instead, the financial markets will dissect the latest commentary from Fed officials on the state of the US economy, and perhaps its greatest concern - a persistent lack of inflation . In Europe, regional bourses all start the week on the front foot, continuing Friday's momentum as the U.S dollar reaches a two-month high outright against the yen (¥111.40). (more...)
Adidas Overtakes Jordan To Become #2 Sneaker Brand In US: NPD Adidas Overtakes Jordan To Become #2 Sneaker Brand In US: NPD
- September 19, 2017

That was up from the 6.6 percent the brand had over the same period a year ago. It should be noted Nike owns Jordan Brand, with the sneaker based on Michael Jordan's likeness still rounding out the top three. Powell reportedly said that the brand's success has to do with the popularity of its classic styles like the Adidas Superstar, which was the best selling sneaker of 2016, and Stan Smith. (more...)
Tesla Inc (TSLA) Downgraded by Goldman Sachs Group, Inc. (The) to Tesla Inc (TSLA) Downgraded by Goldman Sachs Group, Inc. (The) to "Sell"
- September 19, 2017

It has outperformed by 27.73% the S&P500. Ron Bobman decreased its stake in Onebeacon Insurance Group Lt (OB) by 69.88% based on its latest 2016Q4 regulatory filing with the SEC. Delta Lloyd Nv reported 76,698 shares. Eaton Vance Management stated it has 6,371 shares or 0% of all its holdings. Tesla has a 52-week low of $178.19 and a 52-week high of $287.39. (more...)
Reading the Tea Leaves for Walgreens Boots Alliance, Inc. (WBA) Reading the Tea Leaves for Walgreens Boots Alliance, Inc. (WBA)
- September 19, 2017

Ngam Advisors L.P. boosted its position in Walgreens Boots Alliance by 46.2% in the second quarter. The firm set an "outperform" rating and a $96.00 price target on the pharmacy operator's stock. Walgreens Boots Alliance, Inc . has 1.06 billion shares outstanding, and in the last trade has seen ATR around 1.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . (more...)
Lpl Financial LLC Position In Colgate (CL) Was Has Upped
- September 19, 2017

It has underperformed by 10.47% the S&P500. The firm has "Hold" rating by RBC Capital Markets given on Tuesday, August 1. Laurion Capital Management Lp sold 44,684 shares as Colgate Palmolive Co (CL)'s stock rose 3.95%. Robecosam Ag holds 0.35% of its portfolio in Bioamber Inc for 800,000 shares. (NYSE:WHG). Citigroup owns 8,544 shares or 0% of their USA portfolio. (more...)
Featured Stock: Caterpillar Inc. (CAT) Featured Stock: Caterpillar Inc. (CAT)
- September 19, 2017

The rating was maintained by Barclays Capital with "Equal Weight" on Thursday, August 4. The company was maintained on Wednesday, September 2 by Deutsche Bank. The insider now directly owns 11,262 shares worth $1,394,573. 2,507 shares valued at $270,756 were sold by Buck Michele on Monday, May 1. Another trade for 12,899 shares valued at $2.50 million was sold by DUCKER MICHAEL L. (more...)
The Crown's John Lithgow wins first Emmy Award of the night The Crown's John Lithgow wins first Emmy Award of the night
- September 19, 2017

This marks Lightgow's sixth Emmy . Actress, Limited Series or Movie: Nicole Kidman, "Big Little Lies". Saturday Night Live star Kate McKinnon was next awarded best supporting actress in a comedy series. Donald Glover accepts the award for outstanding directing for a comedy series for the "Atlanta" episode "B.A.N." at the 69th Primetime Emmy Awards on Sunday, Sept. (more...)
The Dow Jones posts 5th straight record close
- September 19, 2017

Shares in big banks, which tend to benefit from interest rate increases, climbed by more than 1%. US stocks have been breaching record levels, with the Dow clocking a closing record for the fifth day in a row on Monday and the S&P closing at a record for the second consecutive session. (more...)
Anadarko Petroleum Corporation (APC) Position Lifted by Sandy Spring Bank
- September 19, 2017

Currently, the 14-day ADX for Cabot Oil & Gas Corp ( COG ) is sitting at 23.16. It has underperformed by 8.41% the S&P500. Bank Hapoalim Bm increased Anadarko Petroleum Corp (APC) stake by 92.24% reported in 2016Q4 SEC filing. Cabot Oil & Gas Corporation is an independent gas and oil firm engaged in the development, exploitation and exploration of gas and oil properties. First Interstate Retail Bank has invested 0% in Anadarko Petroleum Corporation (NYSE:APC). (more...)
Clinton opens door to challenging Trump's 2016 win Clinton opens door to challenging Trump's 2016 win
- September 19, 2017

The former U.S. secretary of state has been making a round of media interviews promoting her book " What Happened ", in which she recounts her 2016 election experiences. "The Democrats are overplaying their hand". During the election and afterward, President Donald Trump has gone after the media too, often criticizing them through social media and calling unfavorable coverage "fake news". (more...)
China Unicom (Hong Kong) Ltd (NYSE:CHU) Trading Up - Shorts Up 52.96% China Unicom (Hong Kong) Ltd (NYSE:CHU) Trading Up - Shorts Up 52.96%
- September 19, 2017

China Mobile has a 1-year low of $51.30 and a 1-year high of $63.26. The company now has a P/E ratio of 142.00 and market cap is 34.00B. The company recorded a rise in short interest from August 15, 2017 to August 31, 2017 of 52.96%. JFS Wealth Advisors LLC increased its stake in shares of China Mobile (Hong Kong ) by 19.0% during the 2nd quarter. Harding Loevner LP now owns 4,074,672 shares of the company's stock worth $250,674,000 after buying an additional 119,157 shares during the ... (more...)
Red Bull roll back the years with Singapore form
- September 19, 2017

Like Porsche, 2021 would be the earliest Aston Martin comes in. Llmor is a racing engine guru and now it will help Aston Martin-Red Bull team during the next season. Red Bull has partnered with Renault on F1 engines, but the relationship has been strained because its hybrid unit hasn't lived up to offerings from Ferrari and Mercedes. (more...)
Dow, S&P 500 close at new records in NY
- September 19, 2017

It seems markets are taking the Fed's quantitative tightening in stride. Seven of the 11 major S&P sectors were higher, led by a 0.95 percent gain in the financial index.SPSY. In 3.06pm trading, the Standard & Poor's 500 Index advanced 0.1 percent. In Asia, most stocks rose on Tuesday ahead of the US Fed's September meeting as investors awaited clues from the central bank on future monetary policy. (more...)
Mattis hints at military options on North Korea but offers no details Mattis hints at military options on North Korea but offers no details
- September 19, 2017

Seoul is within artillery range of North Korea, which is also believed to have a sizable chemical and biological arsenal beyond nuclear and conventional weapons. US President Donald Trump and his Chinese counterpart Xi Jinping discussed "North Korea's continued defiance of the worldwide community and its efforts to destabilize Northeast Asia" by phone, the White House said. (more...)
Hurricane Maria Does 'Mind Boggling' Damage to Dominica, Leader Says Hurricane Maria Does 'Mind Boggling' Damage to Dominica, Leader Says
- September 19, 2017

Hurricane Maria was about 15 miles (25 km) east-southeast of Dominica, with maximum sustained winds of 160 miles per hour (260 km per hour), the NHC said in its latest advisory. Maria could make a direct hit on Puerto Rico , which was spared the full brunt of Irma although much of the island had its power knocked out. Forecasters say that storm is centered about 240 miles (390 kilometers) east-northeast of Cape Hatteras, North Carolina - or about 365 miles (590 kilometers) south of ... (more...)
Confidence in Henry Schein Inc (NDAQ:HSIC) Shares by Piper Jaffray Rise Confidence in Henry Schein Inc (NDAQ:HSIC) Shares by Piper Jaffray Rise
- September 19, 2017

Tci Wealth Inc invested in 0.01% or 278 shares. Janus Management Limited Liability Com holds 2.19 million shares. New York-based Jennison Associate Ltd has invested 0.05% in ClubCorp Holdings Inc (NYSE:MYCC). 70 funds opened positions while 127 raised stakes. D E Shaw And Communication Inc holds 0% or 21,159 shares in its portfolio. Utah Retirement has invested 0.06% in Henry Schein, Inc . (more...)
Bank Stocks Getting a Lift on Higher Rates Bank Stocks Getting a Lift on Higher Rates
- September 19, 2017

The US central bank is widely expected to announce at the conclusion of its meeting on Wednesday that it will begin paring its massive portfolio of Treasuries and mortgage-backed securities, with the reductions likely to start this year. So far this year, the rupee has gained 6%, while foreign institutional investors (FIIs) have bought $6.80 billion and $20.40 billion in equity and debt, respectively. (more...)
Nuveen Real Estate Income Fund (JRS) Shares Tick Down -1.07%
- September 19, 2017

The stock had a trading volume of 29,324 shares. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. First Trust Enhanced Equity Income Fund (FFA) now has a 14-day Commodity Channel Index (CCI) of 95.78. Wilder has developed multiple indicators that are still quite popular in today's investing landscape. (more...)
Calamos Wealth Management LLC Reduces Position in Gilead Sciences, Inc. (GILD)
- September 19, 2017

Benedict Financial Advisors Inc who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $108.18B market cap company. 9,943 shares valued at $668,667 were sold by Cogan John Francis on Tuesday, May 9. BMO Capital Markets restated an "outperform" rating and set a $82.00 price objective (up from $72.00) on shares of Gilead Sciences in a research report on Thursday, July 27th. (more...)
Tallaght shooting: Man in his 20s killed Tallaght shooting: Man in his 20s killed
- September 19, 2017

Gibson, who was a fitness instructor, was shot as he sat in a vehicle at the CityWest Shopping Centre, but he was shot in the head as he tried to escape. One line of inquiry is the possibility that the two shootings could be linked, but detectives say it is too early to establish a motive for the killing. (more...)
(SBUX) Stake Decreased by CLS Investments LLC
- September 19, 2017

Neuberger Berman Group LLC now owns 3,304,069 shares of the coffee company's stock worth $192,925,000 after purchasing an additional 98,523 shares during the last quarter. Shamrock Asset Mgmt accumulated 0.32% or 9,460 shares. Atlas Browninc holds 0.14% or 6,426 shares in its portfolio. Thirteen equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have issued a strong buy rating to the company's stock. (more...)
Halozyme Therapeutics, Inc. (NASDAQ:HALO) at 'Overbought' Based on Its RSI
- September 19, 2017

More notable recent Halozyme Therapeutics, Inc . Media coverage about Halozyme Therapeutics (NASDAQ: HALO ) has trended somewhat positive recently, Accern Sentiment Analysis reports. Halozyme Therapeutics now has an average rating of Hold and a consensus target price of $16.00. If you are reading this story on another site, it was stolen and republished in violation of United States and global copyright and trademark legislation. (more...)
Antifa Used Twitter To Track Down A Nazi And Punch Him Antifa Used Twitter To Track Down A Nazi And Punch Him
- September 19, 2017

They then came in action and used their social media accounts and tracked down the man in less than 90 minutes. As Buzzfeed details, a number of anti-fascist social media accounts quickly got to work trying to identify the roaming neo-Nazi, with a few spotting him on the street in Seattle and claiming he was harassing pedestrians. (more...)
Roku looks to raise $252M with IPO Roku looks to raise $252M with IPO
- September 19, 2017

According to a new filing with the US Securities and Exchange Commission, the company and existing shareholders will sell about 15.7 million shares for Dollars 12-14 per share. Roku has emerged as the USA market leader in streaming players, with a 37 percent share during the first three months of this year, according to the market research firm Park Associates. (more...)
Uber apologises over controversial 'wife appreciation' campaign Uber apologises over controversial 'wife appreciation' campaign
- September 19, 2017

The company was encouraging male workers to bring their significant other to the company's offices via social media. "Of course women are meant to slog it out in the kitchen and the men need to buy us freedom". "Sorry Uber , but why do you think that only the wife needs to be at the kitchen", said another netizen @GNUmanth. She added that she would "take care of this". (more...)
Supermarket own-brand products and discount retailers thrive as inflation bites, data shows Supermarket own-brand products and discount retailers thrive as inflation bites, data shows
- September 19, 2017

Despite the decrease in fall in sales of some summer products, McKevitt said the United Kingdom hasn't seen "sustained market growth of this kind" since May 2013. Last of the big four was Asda Ltd, owned by Wal-Mart Inc in the USA, where sales rose by 1.5% and its market share declined to 15.4% from 15.7%. Spend on private label products is growing at close to five times times the rate of spend on branded products in the United Kingdom market, new research from Nielsen has found. (more...)

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