Business


U.S. dollar drops after Mnuchin backs weaker greenback U.S. dollar drops after Mnuchin backs weaker greenback
- January 25, 2018

The U.S. delegation is the largest ever to come to Davos, with 10 members of Trump's cabinet and senior White House staff, Mnuchin said. He said Wednesday that "we don't have to worry about this crowd". "We believe that isolationism won't take us forward", she said. "We believe that we must cooperate, that protectionism is not the correct answer". "Our objective is to be here to interact with important counterparts". (more...)
Venezuela: President Maduro Set to Run for Re-Election in 2018 Vote Venezuela: President Maduro Set to Run for Re-Election in 2018 Vote
- January 25, 2018

And former mayor Leopoldo Lopez is under house arrest for leading protests against Maduro, while his young protege Freddy Guevara has taken refuge in the Chilean embassy to avoid charges of plotting against Maduro. Although polls say Venezuelans overwhelmingly blame Maduro for widespread food shortages and triple-digit inflation that has pulverized wages, the opposition was left rudderless as several prominent politicians were barred from office or forced into exile past year following a ... (more...)
Retirement Systems of Alabama Has $140.77 Million Holdings in Chevron Co. (CVX)
- January 25, 2018

BlackRock Inc. now owns 124,678,992 shares of the oil and gas company's stock worth $13,007,759,000 after buying an additional 1,975,865 shares in the last quarter. The rating was maintained by JP Morgan with "Overweight" on Tuesday, December 15. Credit Suisse Group reiterated a "neutral" rating and issued a $130.00 price target (up previously from $123.00) on shares of Chevron in a research report on Tuesday. (more...)
Germany's booming private sector grew strongly in January Germany's booming private sector grew strongly in January
- January 25, 2018

The flash PMI for services jumped to 57.0 in January from 55.8 in the previous month, with business expectations reaching a level last seen in early 2011. "Price pressures are running at their highest for nearly seven years, accelerating further at the start of 2018". Higher oil prices have pushed up costs, but pricing power more generally improved as demand outstrips supply for many goods. (more...)
The Bull Case for Santander Consumer USA Holdings Inc. (SC)
- January 25, 2018

RGC is the cheaper of the two stocks on book value basis but is expensive in terms of P/E and P/S ratio. The average broker rating helps investors by offering a general feel for sell-side sentiment on company shares. Minnesota-based Murphy Pohlad Asset Limited Company has invested 0.55% in CNX Resources Corporation (NYSE:CNX). Cantab Capital Prtnrs Ltd Liability Partnership accumulated 6,900 shares. (more...)
Diehard Bargain Hunter: Kimberly-Clark Corporation (KMB), Oracle Corporation (ORCL) Diehard Bargain Hunter: Kimberly-Clark Corporation (KMB), Oracle Corporation (ORCL)
- January 25, 2018

The company now has a consensus rating of "Hold" and a consensus target price of $126.50. Mastercard Incorporated had 100 analyst reports since July 21, 2015 according to SRatingsIntel. Meeder Asset Mngmt invested in 0.35% or 27,645 shares. Brighton Jones Ltd Liability stated it has 33,007 shares. After $1.34 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts -16.42% negative EPS growth. (more...)
Malaysia Dec Inflation at 3.5%, in Line With Expectations Malaysia Dec Inflation at 3.5%, in Line With Expectations
- January 25, 2018

Inflation is a key measure for the Reserve Bank in setting interest rates and is commonly used in adjusting pay rates and other contracts. "Petrol prices were up in the December quarter, following two quarters of falls", Stats NZ prices senior manager Jason Attewell said in a statement. (more...)
Cable Networks a Driver in NBCUniversal Q4 Profit Cable Networks a Driver in NBCUniversal Q4 Profit
- January 25, 2018

Willingdon Wealth Mgmt holds 0.05% in Comcast Corporation (NASDAQ: CMCSA ) or 3,464 shares. Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant's stock worth $106,000 after purchasing an additional 1,362 shares during the last quarter. (more...)
Earnings Estimates Analysis: Oracle Corporation (ORCL), Microsoft Corporation (MSFT)
- January 25, 2018

Oracle Corporation (NYSE: ORCL ) has risen 14.08% since January 23, 2017 and is uptrending. The stock now shows its YTD (Year to Date) performance of 7.25 percent, whereas its Weekly performance stands at 2.42%. (NYSE:EL) has "Hold" rating given on Friday, September 9 by Argus Research. Also, Director Michael J. Boskin sold 150,000 shares of the company's stock in a transaction dated Friday, June 23rd. (more...)
Beech Hill Advisors Inc. Buys New Holdings in Universal Display Co. (OLED) Beech Hill Advisors Inc. Buys New Holdings in Universal Display Co. (OLED)
- January 25, 2018

Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode ( OLED ), technologies and materials for use in display and solid-state lighting applications. Universal Display (NASDAQ:OLED) last issued its earnings results on Thursday, November 2nd. California-based Assetmark has invested 0% in Universal Display Corporation (NASDAQ:OLED). (more...)
Supernus Pharmaceuticals (SUPN) Downgraded by Zacks Investment Research
- January 25, 2018

About 680,835 shares traded or 23.51% up from the average. Eli Lilly and Company (NYSE:LLY) has risen 4.70% since January 24, 2017 and is uptrending. It has outperformed by 0.18% the S&P500. The rating was maintained by Cowen & Co with "Buy" on Thursday, August 3. Cantor Fitzgerald reaffirmed a "buy" rating and set a $49.00 target price on shares of Supernus Pharmaceuticals in a report on Wednesday, September 27th. (more...)
Pakistan govt condemns US drone strike in Kurram region Pakistan govt condemns US drone strike in Kurram region
- January 25, 2018

The pre-dawn strike took place well inside Pakistan territory, more than 50 kilometres from the Afghan border in Mamuzai village of Kurram tribal district. Islamabad denies sheltering militants and accuses Washington of not respecting Pakistan's vast sacrifices in the war on militancy. "This is the reason we feel repatriation of Afghan refugees is essential". (more...)
Thompson Siegel & Walmsley LLC Boosts Holdings in International Business Machines Corp. (IBM)
- January 25, 2018

These estimates are the average of all of the current estimates that are made available by brokerage analysts. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 24.30% since January 24, 2017 and is uptrending. boosted its holdings in shares of International Business Machines by 845.5% in the 2nd quarter. The C-Score of International Business Machines Corporation (NYSE: IBM ) is 1.00000. (more...)
Webster Financial (WBS) Earns Hold Rating from Sandler O'Neill
- January 25, 2018

As per Monday, October 24, the company rating was maintained by FBR Capital. Compass Point downgraded CYS Investments, Inc. The stock has "Neutral" rating by Goldman Sachs on Monday, April 10. Webster Financial Corp. (WBS) has an annual dividend of $1.04, while its annual dividend yield is 1.78%. Headlines about Webster Financial (NYSE:WBS) have trended somewhat positive recently, according to Accern Sentiment Analysis. (more...)
Bigg Boss couple Prince Narula and Yuvika Chaudhary are engaged, see photos Bigg Boss couple Prince Narula and Yuvika Chaudhary are engaged, see photos
- January 25, 2018

The popular television couple recently took to Instagram to announce their engagement. Ex-Bigg Boss contestants Prince Narula and Yuvika Chaudhary are now officially engaged. Yuvika also said: "One thing I liked a lot about Prince is that, he does what he says, and that's why I love him". Yuvika Chaudhary too shared a click and wrote, "Can't believe this just happened love u beba #forlife❤ thank u for asking me. (more...)
Bank of America eliminating free checking accounts for customers with low balances Bank of America eliminating free checking accounts for customers with low balances
- January 25, 2018

A national petition on change.org has more than 52,000 signatures from people begging the bank not to end its free checking accounts. "But Bank of America said the move to eliminate free checking accounts was part of their goal to "[streamline] the company by exiting business lines and shedding "non-core" products". (more...)
US East Coast crude stocks at lowest levels since Oct '14 US East Coast crude stocks at lowest levels since Oct '14
- January 25, 2018

According to the American Petroleum Institute, crude inventories in the country have risen by 4.8 million barrels in the week that ended on January 19 to a total of 416.2 million barrels. Exports of USA crude have mostly held above one million barrels a day since the end of September. The price for Brent crude oil was up 0.88 percent as of 9:22 a.m. (more...)
Starbucks offers all United States hourly workers paid leave benefits this year Starbucks offers all United States hourly workers paid leave benefits this year
- January 25, 2018

Employees had signed online petitions calling for paid sick leave and other benefits, as well as raised questions about disparities in the parental leave benefit offered to store and non-store workers. plans to spend $250 million on new employee benefits, including a pay boost for domestic workers, in the wake of the federal tax overhaul. The company is also addressing complaints that some Starbucks policies favored corporate employees while ignoring baristas and other in-store workers. (more...)
Google Parent Launches Cybersecurity Firm Google Parent Launches Cybersecurity Firm
- January 25, 2018

Only a handful has ever done so. Alphabet's "moonshot factory" has been incubating its answer to the massive and growing problem of hacking and data theft. To get started, Chronicle will offer two services: a security intelligence and analytics platform for enterprises, and VirusTotal, the online malware and virus scanner that Google acquired in 2012 . (more...)
NTSB says it's investigating crash of Tesla on freeway NTSB says it's investigating crash of Tesla on freeway
- January 25, 2018

The National Highway Traffic Safety Administration is sending investigators to California to evaluate the crash, according to a person familiar with the agency's plans. The German government even urged Tesla to rename its Autopilot system and for owners to learn about the capabilities of their vehicle. To its credit, Tesla has included safety features that warn drivers to keep their hands on the wheel and pay attention to the road. (more...)
Meg Whitman gets a new CEO gig at Katzenberg's digital media start-up Meg Whitman gets a new CEO gig at Katzenberg's digital media start-up
- January 25, 2018

Whitman spent the last few years running data center technology giant Hewlett Packard Enterprise (hpe), where she split HPE from its personal computer and printing sibling HP Inc. "To say I am thrilled that Meg will be at the helm would be an understatement". The news unites one of the state's most prominent Republicans - Whitman ran unsuccessfully for California governor in 2010 and worked for the presidential campaigns of Republican former Massachusetts Governor Mitt Romney and New Jersey ... (more...)
Somehow the best net neutrality explainer is from Burger King Somehow the best net neutrality explainer is from Burger King
- January 25, 2018

Now another, uh, less expected brand has taken its own stand on the issue. Burger King - a fast-food chain that sells cheap beef - apparently understands net neutrality more than the average member of Congress . When we asked the company why it decided to make this ad, it said, "We believe the internet should be like Burger King restaurants". (TSX, NYSE:QSR), one of the world's largest quick service restaurant companies with more than $27 billion in system-wide sales and over 23,000 ... (more...)
Countrywide CEO Alison Platt resigns less than a week after profit warning Countrywide CEO Alison Platt resigns less than a week after profit warning
- January 25, 2018

Countrywide - Britain's biggest listed estate agency and owner of brands including Hamptons and Bridgfords - said last Thursday that a "disappointing" end to 2017 would leave annual earnings slumping to £65 million against £83.5 million the previous year. (more...)
Employment figures reach record high, despite predictions of doom due to Brexit Employment figures reach record high, despite predictions of doom due to Brexit
- January 25, 2018

Consequently, the Bank of England raised its main interest rate in November for the first time in a decade - to 0.5 percent from a record-low 0.25 percent. "But the number of job vacancies also hit a record high, signalling that employment could increase further before an imbalance of supply and demand starts to push wages up at a more meaningful pace". (more...)
Steaks Are Rare At Isle Of Wight Wetherspoon Pubs Steaks Are Rare At Isle Of Wight Wetherspoon Pubs
- January 25, 2018

One had an alternative meat dish but still was not impressed at not being able to have steak. Instead they were told they could have grilled chicken breast, or a quinoa and halloumi salad. In a statement, supplier Russell Hume said: "The product recall was a precautionary measure because of mislabelling". But the new haggis supplier was not taking the tone of the message lying down, saying they had "saved the day" after an unnamed award-winning haggis company "let Wetherspoons down". (more...)
Nice track! CP conductor reportedly derails career with racy Instagram pics Nice track! CP conductor reportedly derails career with racy Instagram pics
- January 25, 2018

She was initially fired after a train she was operating derailed in Banff National Park in 2014. Meanwhile, an arbitrator in the case found that a sexual harassment complaint launched by Katelnikoff played a part in her dismissal. The union did not immediately respond to a request for comment. Katelnikoff said her flippant online comments were a healthy way to process what she went through. (more...)
Which Stocks To Invest? - Puma Biotechnology, Inc. (PBYI), InspireMD, Inc. (NSPR) Which Stocks To Invest? - Puma Biotechnology, Inc. (PBYI), InspireMD, Inc. (NSPR)
- January 24, 2018

Puma Biotechnology Inc has $164 highest and $36 lowest target. On average, equities analysts predict that Puma Biotechnology will post ($8.43) EPS for the current year. The firm sells its products through direct sales force, application engineers, third party sales representatives, and distributors. The insider RITTICHIER JEFFREY sold $77,647. (more...)
Australia's wine exports maintain strong growth Australia's wine exports maintain strong growth
- January 24, 2018

Similarly, bulk wine exports also experienced price increases, with total value increasing by 10% to AU$440 million and average value per litre increasing by 6% to AU$1.03, the highest average value since 2012. High-end value wine exports to the U.S. nonetheless saw some growth with wines valued at AU$10 per litre or more increased by 8% to AU$45 million, it noted. (more...)
Precision Drilling Corporation (PD) EPS Estimated At $
- January 24, 2018

For the current year the company's revenue estimates are $1.02 Billion compared to low analyst estimates of $998.55 Million and high estimates of $1.05 Billion according to the prediction of 17 analysts. The stock exchanged hands 3.69 Million shares versus average trading capacity of 2.76 Million shares. Its book value per share for the most recent quarter is $5.07 while its price to book ratio for the same period is 0.74, as for as the company's cash per share for the most recent quarter is ... (more...)
Dynavax Technologies (NASDAQ:DVAX) Earning Somewhat Favorable News Coverage, Analysis Finds
- January 24, 2018

It has underperformed by 80.54% the S&P500. Skyline Asset Management Lp increased Zebra Technologies Corp (ZBRA) stake by 6.28% reported in 2017Q3 SEC filing. Therefore 36% are positive. In order for Dynavax Technologies Corporation to pay dividends, they need to have healthy cash flow, which now sits at *TBA. (more...)

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