Business


US Weekly Jobless Claims Unexpectedly Decline US Weekly Jobless Claims Unexpectedly Decline
- September 21, 2017

Economists surveyed by The Wall Street Journal expected 310,000 new claims. That meant the record streak of initial claims below 300,000 was unbroken even though they rose due to hurricanes Harvey and Irma in recent. The less volatile four-week moving average rose 6,000 to 268,750, hitting its highest mark since the week ended June 4 of a year ago. Claims from people who have used unemployment benefits for more than a week rose by 44,000 to a seasonally adjusted 1,980,000 in the week ... (more...)
Bank of America Corp (BAC) EPS Estimated At $0.47
- September 21, 2017

The stock declined 0.50% or $0.12 reaching $24.93 per share. About 124,941 shares traded or 7.74% up from the average. Investors sold shares of Bank of America Corporation (NYSE:BAC) on strength during trading on Tuesday. Numis Securities maintained it with "Buy" rating and GBX 600 target in Wednesday, January 13 report. The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. (more...)
OMERS ADMINISTRATION Corp Has $19.57 Million Stake in Time Warner Inc. (TWX)
- September 21, 2017

It is positive, as 41 investors sold TWX shares while 376 reduced holdings. The hedge fund run by George Soros held 597,327 shares of the television services company at the end of 2017Q2, valued at $59.98 million, up from 466,727 at the end of the previous reported quarter. (more...)
Royal Dutch Shell plc (:RDS-B) Upward Momentum Touches New Heights
- September 21, 2017

Even after crunching all the numbers and digging deep into a specific company, the stock's performance still might not match expectations. When getting into the markets, most investors realize that riskier stocks may have an increased potential for higher returns. (more...)
Karyopharm Therapeutics Inc. (KPTI) Director Sells $31702.00 in Stock Karyopharm Therapeutics Inc. (KPTI) Director Sells $31702.00 in Stock
- September 21, 2017

Moreover, Franklin has 0.02% invested in Karyopharm Therapeutics Inc (NASDAQ: KPTI ) for 3.23 million shares. The stock increased 6.08% or $0.64 during the last trading session, reaching $11.16. BidaskClub raised shares of Karyopharm Therapeutics from a "strong sell" rating to a "sell" rating in a report on Wednesday, August 9th. The company has a consensus rating of "Buy" and an average target price of $15.67. (more...)
Liliane Bettencourt, World's Richest Woman and L'Oreal Heiress, Dies Aged 94 Liliane Bettencourt, World's Richest Woman and L'Oreal Heiress, Dies Aged 94
- September 21, 2017

Bettencourt and her children owned 33 percent of L'Oreal; her daughter said the family remains committed to the firm's management team. Bettencourt had reportedly been battling dementia and Alzheimer's disease. Born in 1922 in Paris, she married French politician Andre Bettencourt at the age of 27. The charges against Sarkozy were dropped in October 2013 due to lack of evidence. (more...)
KB Home CEO gets bonus slashed after Kathy Griffin rant KB Home CEO gets bonus slashed after Kathy Griffin rant
- September 21, 2017

Mezger was angered after Griffin or her boyfriend complained to police over a family get together at Mezger's house. A homophobic and sexist rant by big-shot real estate CEO Jeffrey Mezger will now cost the powerful mogul some serious cash. (more...)
Greenpeace activists seize ship full of VW diesel cars Greenpeace activists seize ship full of VW diesel cars
- September 21, 2017

They are refusing to leave the ship and demanding it take the cars back to Germany. The carmaker also said that the majority of the roughly 1,200 cars on the boarded vessel were petrol rather than diesel models and that its vehicles meet stringent European regulations. (more...)
Dollar falls as traders await possible move on Fed bond purchases Dollar falls as traders await possible move on Fed bond purchases
- September 21, 2017

Federal Reserve . Investors will be closely watching the United States central bank as its policymakers deal with the fallout from hurricanes Harvey and Irma, which hammered the country and are expected to hit economic growth. or its allies. The greenback was steady at 111.57 yen, below its eight-week peak of 111.87 set earlier Tuesday. Given the dollar gauge holds its down-trend since the beginning of the year and is down 0.8 percent this month, there's scope for investors to scale ... (more...)
CRH reinforces USA grip with $3.5 billion Ash Grove Cement deal CRH reinforces USA grip with $3.5 billion Ash Grove Cement deal
- September 21, 2017

The transaction was unanimously approved by Ash Grove's board of directors and is expected to close in late 2017 or early 2018, if it meets with the approval of shareholders and regulators. The company said at the time that the proceeds of the sale would be reallocated to value creating acquisitions and investments, and in this context the group announced the acquisition of Fels, a German lime and aggregates business for over €600m. (more...)
Bill Gates, any regrets? Ctrl-Alt-Delete should be a single button Bill Gates, any regrets? Ctrl-Alt-Delete should be a single button
- September 21, 2017

At Bloomberg's Global Business Forum he, once again, pointed the finger in IBM's direction, stating "The IBM hardware PC keyboard only had one way it could get a guaranteed interrupt generated". At the beginning of the year 2013, he had already taken the engineers who worked on the first IBM PC that are at the origin of the combination. That "guy" was David Bradley, the engineer credited with inventing the combination originally created to reboot the PC. (more...)
CVS Health Corporation (NYSE:CVS) Shares Sold by Bellecapital International Ltd. CVS Health Corporation (NYSE:CVS) Shares Sold by Bellecapital International Ltd.
- September 21, 2017

MA now owns 90,990 shares of the pharmacy operator's stock worth $7,143,000 after buying an additional 7,093 shares during the last quarter. About 540 shares traded. Thermo Fisher Scientific Inc (NYSE:TMO) was reduced too. Since March 21, 2017, it had 0 insider buys, and 1 insider sale for $18.44 million activity. (more...)
Fed to start selling bonds, keeps interest rates steady
- September 21, 2017

The Fed also revealed that it will begin shrinking its $4.5 trillion balance sheet in October, initially allowing $10 billion in bonds to roll off each month. Other signals point to a healthier economy. The unemployment rate is just 4.4 percent, near a 16-year low. Safe havens will also come under further pressure if US yields manage to recover further and given no geopolitical surprises. (more...)
Students test finger vein payments at United Kingdom supermarket Students test finger vein payments at United Kingdom supermarket
- September 21, 2017

The firm behind the technology, Sthaler , has said it is in "serious talks" with other major United Kingdom supermarkets to adopt hi-tech finger vein scanners at pay points across thousands of stores. In that case, light is used to scan the veins for oxygen saturation; in this case, they're used as a fool-proof form of ID, a biometric link to your bank account. (more...)
Anadarko Petroleum Corp (NYSE:APC) Institutional Investors Quarterly Sentiment Anadarko Petroleum Corp (NYSE:APC) Institutional Investors Quarterly Sentiment
- September 21, 2017

Insider ownership during the latest quarter increased by a net of 4284 shares, indicating that APC's key executives are feeling more bullish about the stock than they did three months ago. Additionally Anadarko Petroleum Corporation announced a dividend which will be paid on Wednesday the 27th of September 2017. Investors of record on Wednesday, September 13th will be issued a $0.05 dividend. (more...)
Equifax tweets sent victims to phishing site
- September 21, 2017

Luckily, the alternate URL Equifax sent the victim to isn't malicious. If you look closely at the above pictured Twitter exchange, you'll see that someone operating the Equifax account named Tim linked to the fake website. After all, he paid to own the domain name for a whole year. The domain, created to look like a phishing site, was set up to criticize how the company handled the situation. (more...)
US Government Bond Prices Fall After Fed Announcement US Government Bond Prices Fall After Fed Announcement
- September 21, 2017

The Fed is expected to hold interest rates steady, with investors looking for clues on its anticipated pace of further tightening later this year and next. Yoplait Light and Yoplait Greek 100 have suffered the most over the past year, as Americans shifted away from low-calorie diets in favor of more natural, wholesome ingredients. (more...)
Long Term Growth review of Golden Star Resources, Ltd (AMEX:GSS)
- September 21, 2017

The objective of a stock price analysis is to study the behaviour of stock prices. It is important to note that the ATR was not created to determine price direction or to predict future prices. The legal version of this news story can be read at https://www.equitiesfocus.com/2017/09/19/golden-star-resources-ltd-gss-downgraded-by-bidaskclub-to-strong-sell.html. (more...)
TD Ameritrade Holding Corporation (AMTD) Receives Average Recommendation of "Hold" from Brokerages
- September 21, 2017

The stock rose 0.47% or $0.08 reaching $17.27 per share. About 653,304 shares traded. Td Ameritrade Holding Corp stake is new for [reportingPerson]. TD Ameritrade Holding Corporation now has an average rating of "Buy" and an average target price of $44.40. The firm has "Outperform" rating given on Wednesday, October 7 by Keefe Bruyette & Woods. (more...)
How Many Vp plc (LON:VP)'s Analysts Are Bullish? How Many Vp plc (LON:VP)'s Analysts Are Bullish?
- September 21, 2017

Servelec Group PLC (LON:SERV) has 0.00% since September 21, 2016 and is. N+1 Singer has "Buy" rating and GBX 360 target. This was disclosed to clients in an analyst note on 21 September. This is assuming the current $0.62 EPS is accurate. GSK's profit will be $40.82M for 440.66 P/E if the $0.83 EPS becomes a reality. Among 28 analysts covering Kingfisher PLC ( LON:KGF ), 6 have Buy rating, 13 Sell and 9 Hold. (more...)
Tata Sons gets investors' nod to become private limited company at AGM Tata Sons gets investors' nod to become private limited company at AGM
- September 21, 2017

In a setback to Tata Sons, the National Company Appellate Law Tribunal (NCLAT) on Thursday, remitted a complaint of oppression and mismanagement filed by two firms belonging to the family of its sacked chairperson Cyrus Mistry. "The proposal to convert Tata Sons from a public company to a private company constitutes yet another act of oppression of the minority shareholders of Tata Sons at the hands of the majority shareholders", Cyrus Investments said in a letter to Tata Sons' board of ... (more...)
Fed sets plans to reduce balance sheet after nine years of buildup
- September 21, 2017

Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. About 77% of economists surveyed by The Wall Street Journal earlier this month said the Fed's next interest-rate increase would come in December. Yellen said the recent data breach points to the importance for strong cybersecurity controls - and that the Fed and other regulators are ... (more...)
Steady Activities: First Potomac Realty Trust (FPO)
- September 21, 2017

As of quarter end Perigon Wealth Management, LLC had acquired a total of 2,000 shares growing its holdings by 42.6%. First Potomac Realty Trust ( FPO)'s distance from 200 day simple moving average is 4.05 percent, its distance from 50 day simple moving average is -0.06 percent, while its distance from 20 day simple moving average is 0.02 percent. (more...)
Insider Update on EQT Corporation (NYSE:EQT)
- September 21, 2017

The value of the investment in (EQGP) went from $940,000 to $762,000 a change of $178,000 for the reporting period. Insiders have acquired 41,901 shares of company stock valued at $2,211,775 over the last 90 days. During the same period in the prior year, the business posted ($0.35) earnings per share. The firm had revenue of $631.10 million during the quarter, compared to analysts' expectations of $642.21 million. (more...)
Mylan NV (MYL) Shares Bought by BlackRock Inc Mylan NV (MYL) Shares Bought by BlackRock Inc
- September 21, 2017

Ltd.'s holdings in Mylan were worth $4,810,000 at the end of the most recent quarter. The stock decreased 2.56% or $0.84 on September 15, reaching $32.03. Honeywell International Inc sold 251,800 shares as Mylan Nv ( MYL)'s stock declined 9.77%. 0 of these were buys and 2 were sells. Hgk Asset reported 7,800 shares. (more...)
Johnson Controls International plc (NYSE:JCI) Johnson Controls International plc (NYSE:JCI)
- September 21, 2017

AXA's holdings in Johnson Controls International PLC were worth $10,245,000 at the end of the most recent reporting period. A number of other hedge funds have also added to or reduced their stakes in the stock. The auto parts company reported $0.71 EPS for the quarter, meeting the consensus estimate of $0.71. August 7 investment analysts at Morgan Stanley left the company rating at "Overweight" but moved down the price target from $51.00 to $46.00. (more...)
$0.29 EPS Expected for Umpqua Holdings Corp (UMPQ)
- September 21, 2017

The firm earned "Hold" rating on Thursday, July 20 by Stephens. Dupont Capital Mngmt Corporation holds 0.07% of its portfolio in Umpqua Holdings Corp (NASDAQ:UMPQ) for 171,763 shares. Credit Suisse Ag invested in 0.14% or 3.77M shares. With that said, researchers took a deep dive into the hotly debated question: is it too late to buy Umpqua Holdings Corporation (NASDAQ:UMPQ). (more...)
Pggm Investments Lowered Amgen Com (AMGN) Stake; RPM International Has 1.22 Sentiment
- September 21, 2017

Ii Vi Inc Com now has $2.49B valuation. Sun Life Financial Inc (NYSE:SLF) has declined 1.22% since September 18, 2016 and is downtrending. It has underperformed by 18.19% the S&P500. (NASDAQ: AMGN ) during the fourth quarter, according to its most recent filing with the SEC. In the last earnings report the EPS was $10.98 and is estimated to be $12.57 for the current year with 729,674,000 shares presently outstanding. (more...)
Investors Purchase Large Volume of Advanced Micro Devices Call Options (AMD) Investors Purchase Large Volume of Advanced Micro Devices Call Options (AMD)
- September 21, 2017

The following data is for Advanced Micro Devices, Inc . F5 Networks, Inc . (NASDAQ: FFIV ) exchanged hands 1,061,880 shares versus average trading capacity of 740.45K shares, while its relative trading volume is 1.43. A number of other institutional investors and hedge funds have also made changes to their positions in the business. CI Investments increased its position in stocks of Advanced Micro Devices by 7.8% through out the 2nd period. (more...)
Treasury yields, dollar gain; Fed keeps Dec rate hike on table Treasury yields, dollar gain; Fed keeps Dec rate hike on table
- September 21, 2017

She said the Fed would adjust its policymaking if it thought the causes of low inflation had become permanent. "It's an asymmetric event really", says Paul Dales, chief Australian economist at Capital Economics. That's the point at which its benchmark rate is considered to be neither stimulating economic growth nor restraining it. It's their job to shift policy levers, nudging interest rates higher and lower, to boost jobs and keep prices, or inflation, at the optimal level. (more...)