Business


International Game Technology (IGT) Upgraded at Bank of America Corporation
- September 21, 2017

Bank of America Corporation reaffirmed a "neutral" rating and issued a $27.00 price target (up from $22.00) on shares of International Game Technology in a research report on Sunday, May 28th. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of International Game Technology by 1.0% in the 1st quarter. They now have a United States dollars 17 price target on the stock. (more...)
Pelosi defends Dream Act, deal with Trump at Sacramento event Pelosi defends Dream Act, deal with Trump at Sacramento event
- September 21, 2017

Trump also this month shocked Republicans by coming to an agreement with Democrats on a deal to increase the federal debt limit and providing emergency funds for Hurricane Harvey relief. At the earlier rally in Pelosi's home district, San Francisco , there were protesters angry at attempts by Democratic lawmakers to bargain with President Trump , and they took over the rally. (more...)
Merck Sharp & Dohme Corp (NYSE:MRK) Institutional Investors 2016 Q4 Sentiment
- September 21, 2017

On average, equities research analysts predict that Merck & Company, Inc. will post $3.87 earnings per share for the current fiscal year. On a similar note, analysts expect EPS of -$0.03 in September 2017 quarter and 0 in December 2017 quarter, representing -70%growth, respectively. (more...)
Abbott Laboratories (NYSE:ABT) Shares Bought by Bp Plc
- September 21, 2017

Philadelphia Trust Company increased Abbott Labs Inc ( ABT ) stake by 5.17% reported in 2016Q4 SEC filing. As of September 15, 2017, the dividend yield of ABT stock is $2.05 per share. The company's quarterly EPS surprised Wall Street by as much as 2% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. (more...)
USA stocks gain as all three main indexes close at records
- September 21, 2017

The Dow Jones Industrial Average led the benchmark indexes , up as high as 0.2%. The Standard & Poor's 500 index edged up 1.59 points, or 0.1 percent, to 2,508.24. The Dow Jones, S&P 500 and Nasdaq all reported new highs on Tuesday. The Dow Jones Small-Cap Value TSM Index closed at 9,678.33 for a loss of 3.90 points or 0.04%. (more...)
Pepsico Inc (NYSE:PEP) Institutional Investor Sentiment
- September 21, 2017

The stock declined 0.51% or $0.58 reaching $113.91 on the news. This means that the stock's daily price swings have been more extreme in recent times compared to the past. Ratings analysis reveals 47% of PepsiCo's analysts are positive. PEP was included in 51 notes of analysts from July 21, 2015. RBC Capital Markets maintained AmerisourceBergen Corp. (more...)
Fed Takes Its Time in Light of Low Inflation
- September 21, 2017

The persistently low inflation suggests the economy is not at full employment, despite a historically low unemployment rate of 4.4%. The euro gained some support on upbeat German manufacturing data, with the benchmark ZEW survey climbing by 1.2 points in September to 87.9‚ above consensus expectations of 86.2. (more...)
S&P, Dow flat ahead of Fed decision; Apple weighs on Nasdaq
- September 21, 2017

Northrop's shares traded 3.35% higher in NY. The Nasdaq Composite dropped 5.28 points, or 0.08 per cent, to 6,456.04, with Apple Inc as its biggest drag. The lesson, investors say, is that what really matters to the bond market isn't so much what the Fed is doing, but what the policy changes mean for the U.S. (more...)
Fed Holds Interest Rates, Announces 'Drawdown' Fed Holds Interest Rates, Announces 'Drawdown'
- September 21, 2017

Treasury bonds and mortgage-backed securities. Bond markets have watched Aussie 10-year bond yields jump from 2.5 per cent on September 8 to 2.81 per cent by Wednesday morning, following their American counterparts as traders jostle ahead of Thursday morning's Fed announcement, which will also include an update on the central bank's "dot plot" chart of where members believe rates will be over the medium term. (more...)
Evercore ISI Downgrades USG Corporation (USG) to Outperform Evercore ISI Downgrades USG Corporation (USG) to Outperform
- September 21, 2017

The company was maintained on Thursday, October 20 by Barclays Capital. As per Wednesday, October 14, the company rating was maintained by Topeka Capital Markets. The company has a market cap of $4.22 billion, a P/E ratio of 9.44 and a beta of 1.00. The Company's segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). (more...)
Singapore baggage handler 'swapped hundreds of tags' Singapore baggage handler 'swapped hundreds of tags'
- September 21, 2017

Tay Boon Keh, 63, faces prison after being charged with the crime of mischief for switching the tags on 286 bags at Changi Airport in Singapore. He is believed to have started his crime spree on Nov 8 a year ago by swopping the baggage tag of a Penang-bound piece of luggage with another bag. (more...)
Nuveen Missouri Quality Municipal Income Fund (NOM) AroonDown Technicals Showing Momentum Building
- September 21, 2017

Aroon can be drawn either as two lines, the Aroon Up and Aroon Down. This measurement is based on closing prices over a specific period of time. Aroon Up will be 100 when the instrument is setting new highs for the period. The Williams Percent Range or Williams %R is another technical indicator worth taking a look at. Different time periods may be used when using the RSI indicator. (more...)
Intel Corp (NASDAQ:INTC) Institutional Investor Sentiment
- September 21, 2017

It is down 19.47% since September 20, 2016 and is uptrending. It has outperformed by 10.49% the S&P500. Hershey Trust Company increased its stake in Adr Vipshop Hldgs Ltd Sponsored (VIPS) by 76.24% based on its latest 2017Q2 regulatory filing with the SEC. (more...)
Has $442.96 Million Position in Discover Financial Services (NYSE:DFS)
- September 21, 2017

Grisanti Cap Management Llc owns 10,531 shares. Its up 12.41% from 4.38M shares, reported previously. Discover Finl Svcs now has $22.44B valuation. About 2.00 million shares traded. Metropolitan Life Communications holds 0.11% or 203,032 shares. In terms of performance, shares of Rockwell Automation Inc. 20,191 are owned by Lpl Ltd Llc. (more...)
Joel Embiid still not cleared to go full-bore, 76ers say Joel Embiid still not cleared to go full-bore, 76ers say
- September 21, 2017

Having Simmons, Fultz, Redick and Embiid on the court at the same time is a dream come true for the 76ers, but it's a scenario they will have to wait on as Embiid is still recovering from surgery to fix his torn meniscus in March. "This is not about being ready for the first practice or the first game", Colangelo said. The 7-foot-2, 280-pound Embiid was a dynamic player when he was on the court last season. (more...)
Equifax breach leads to tax fraud worries Equifax breach leads to tax fraud worries
- September 21, 2017

So people who were victims of the Equifax breach should not expect the government to have much of a meaningful response to the theft or the company's handling of it. If consumers request a security freeze online: Consumers may place, temporarily lift, or remove a security freeze to an Equifax Credit File by going to http://www.equifax.com/CreditReportAssistance/?/CreditReportAssistance . (more...)
Fed plans to hike rates 1 more time this year Fed plans to hike rates 1 more time this year
- September 21, 2017

As a result, financial markets are unsure whether the Fed will raise rates again before year's end. The reaction in the Treasury market "suggests a lot of people maybe weren't anticipating the Fed would stick with the third rate hike expectation this year". (more...)
SC orders Unitech to pay Rs 80k to each homebuyer for agony SC orders Unitech to pay Rs 80k to each homebuyer for agony
- September 21, 2017

The Supreme Court on Wednesday directed embattled real estate firm Unitech Residential Resorts Limited to pay ₹80,000 each as compensation to 39 home buyers towards litigation cost and for causing harassment. "This includes Rs 16.5 crore of principal amount and interest rate at 14% per annum effective January 1, 2010", informed advocate Pawanshree Agrawal, who represents the aggrieved buyers. (more...)
All you need to know: Bank of Japan two-day rate review All you need to know: Bank of Japan two-day rate review
- September 21, 2017

Voting 8-1 in favour of the measure, the BoJ board maintained its quantitative and qualitative monetary easing (QQE) with yield curve control program, keeping interest rates unchanged at -0.1% while pledging to purchase Japanese government bonds (JGB) so that 10-year JGB yields will remain at around zero percent. (more...)
Purchases 43692 Shares of Portland General Electric Company (NYSE:POR)
- September 21, 2017

Moreover, Albion Financial Group Ut has 10.11% invested in the company for 1.87 million shares. Blackbaud, Inc.is a cloud software company. The stock rose 0.21% or $0.05 reaching $24.25. Herndon Capital Mgmt Limited Liability invested in 296 shares. Asset Of Georgia Ga Adv has 92,649 shares for 2.17% of their portfolio. Factory Mutual Insurance Communication stated it has 488,300 shares or 0.42% of all its holdings. (more...)
MGIC Investment Corp. (MTG) closed its previous trading session at $11.7
- September 21, 2017

Parkside Financial Bank & has invested 0% in Matson, Inc. Facebook Inc (NASDAQ:FB) has risen 26.75% since September 17, 2016 and is uptrending. It has outperformed by 43.42% the S&P500. The rating was upgraded by Oppenheimer on Friday, March 11 to "Outperform". Ladenburg maintained the shares of SRC in report on Friday, August 4 with "Hold" rating. (more...)
Fed holds off on September rate hike, announces plans for debt sell-off Fed holds off on September rate hike, announces plans for debt sell-off
- September 21, 2017

Central bankers have been bedeviled by tepid inflation levels for years, and they've never achieved their inflation target since adopting it in 2012. Investors would be focusing on Fed's interest rate decision today, and it is widely expected that the USA central bank will announce at the end of its two-day assembly later in the day that they will be winding down their $4.4 trillion balance sheet by October. (more...)
NewLink Genetics Corporation (NASDAQ:NLNK) Sees Volatile Trading - Down $0.35
- September 21, 2017

Another trade for 9,000 shares valued at $491,286 was bought by LIVERMORE ANN M. On Thursday, May 11 the insider Rosenberg Donald J sold $588,767. Given that its average daily volume over the 30 days has been 1.29 million shares a day, this signifies a pretty significant change over the norm. (more...)
Planned Tabcorp-Tatts merger hits hurdle Planned Tabcorp-Tatts merger hits hurdle
- September 21, 2017

The ACCC and CrownBet asked the Full Federal Court to review the decision, with the ACCC alleging that "reviewable errors" had been made by the tribunal in its assessment. The ambitious Tabcorp-Tatts merger has been under a cloud ever since the appeals were lodged in July, and the sinking share price for both companies indicated this concern. (more...)
Southwest Airlines (LUV) Receiving Somewhat Positive Media Coverage, Report Finds
- September 21, 2017

The Company's divisions include United States, United Kingdom, Hain Pure Protein and Rest of World. Bb&T Corporation reported 0.01% of its portfolio in Southwest Airlines Co (NYSE: LUV ). Its down 0.23, from 0.9 in 2016Q3. It fall, as 71 investors sold Southwest Airlines Co shares while 296 reduced holdings. 84 funds opened positions while 163 raised stakes. (more...)
Bristol-Myers Squibb Company (NYSE:BMY) Valuation According To Analysts Bristol-Myers Squibb Company (NYSE:BMY) Valuation According To Analysts
- September 21, 2017

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Bristol-Myers Squibb Company (NYSE: BMY ). Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. (more...)
FedEx Corporation's (FDX) Hold Rating Reaffirmed at Stifel Nicolaus FedEx Corporation's (FDX) Hold Rating Reaffirmed at Stifel Nicolaus
- September 21, 2017

Capital World Investors now owns 3,614,899 shares of the shipping service provider's stock valued at $785,626,000 after buying an additional 501,617 shares in the last quarter. Finally, Loop Capital reaffirmed a "buy" rating and issued a $260.00 price target (up from $250.00) on shares of FedEx Corporation in a research note on Wednesday. (more...)
Atwood Oceanics, Inc. - ATW - Stock Price Today
- September 21, 2017

More interesting news about Atwood Oceanics , Inc. It increased, as 5 investors sold Karyopharm Therapeutics Inc shares while 15 reduced holdings. 93 holders increased their positions, 124 decreased their positions, and 26 holders held their positions. (more...)
22 lakh GST returns filed till 6 pm, deadline ends midnight 22 lakh GST returns filed till 6 pm, deadline ends midnight
- September 21, 2017

Almost 75% of the eligible taxpayers were still to file the summarised return (GSTR 3B) for August on the last day. GSTN, which has built the IT backbone for the new indirect tax regime, was expecting the load to come towards the last date. (more...)
Airain ltd Invests $1.34 Million in NetApp, Inc. (NASDAQ:NTAP) Stock Airain ltd Invests $1.34 Million in NetApp, Inc. (NASDAQ:NTAP) Stock
- September 21, 2017

Barclays Capital maintained the stock with "Underweight" rating in Thursday, August 17 report. Credit Suisse Group upped their target price on NetApp from $37.00 to $40.00 and gave the company a neutral rating in a research report on Wednesday, August 9th. (more...)