Business


Political tensions continue to weigh on world stocks Political tensions continue to weigh on world stocks
- August 12, 2017

Euro zone stocks and blue-chips also dropped 0.7 per cent, while the miner-heavy FTSE underperformed and was down 0.8 per cent. 'Stock markets in Europe are still under pressure because of the heightened tensions surrounding North Korea, ' said David Madden, market analyst at CMC Markets UK. (more...)
Global stocks, dollar extend slide as US, North Korea tensions intensify Global stocks, dollar extend slide as US, North Korea tensions intensify
- August 12, 2017

The Asian country also detailed plans (http://www.marketwatch.com/story/north-korea-details-plan-to-fire-missiles-toward-guam-says-only-absolute-force-will-work-with-trump-2017-08-09) for that threatened missile strike on Guam. The yield - or interest rate - on a benchmark 10-year US Treasury bill dropped to 2.24%, while a 10-year German bund was yielding 0.43%. It was down 0.2% at 108.98 yen , after retreating 0.7% yesterday. (more...)
World markets slide for third day on political tension World markets slide for third day on political tension
- August 12, 2017

Overnight the Dow Jones Industrial Average on Wall Street fell 0.2% to 22,085.34, ending a winning streak of 10-consecutive record high closes. "The index is showing a warning sign as it is rising after USA shares staged a rally recently", Kagawa said, adding that investors could be positioning for a possible sharp sell-off in the near future. (more...)
Alliancebernstein LP Adjusts Its Investment in Monster Beverage Corporation (MNST) Alliancebernstein LP Adjusts Its Investment in Monster Beverage Corporation (MNST)
- August 11, 2017

Shares of Monster Beverage Corporation (MNST ) traded up 0.94% during midday trading on Wednesday, reaching $52.52. National Pension Service boosted its stake in Monster Beverage Corporation by 9.5% in the second quarter. As of the end of the quarter AXA had sold 13,693 shares trimming its stake by 1.4%. The original version of this news story can be viewed at ... (more...)
Teekay Corporation (NYSE:TK) Receives Average Recommendation of "Hold" from Analysts
- August 11, 2017

Teachers Advisors LLC increased its position in shares of Teekay Corporation by 9.1% in the fourth quarter. 08/18/2016 - Teekay Offshore Partners L.P. The shipping company reported $0.07 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.12. The firm had revenue of $244.60 million for the quarter, compared to analyst estimates of $270 million. (more...)
(TSE:PD) Price Target Increased to C$11.00 by Analysts at CIBC
- August 11, 2017

The analyst recommendations from a month ago are 10 Buy, 1 Overweight, 0 Sell, 9 Hold and 0 Underweight. The company has a 50-day moving average price of $3.10 and a 200-day moving average price of $4.14. If you are accessing this report on another site, it was illegally copied and reposted in violation of USA and worldwide trademark and copyright law. (more...)
The Microsoft Corporation (NASDAQ:MSFT) Stake Decreased by Cornerstone Advisors Inc The Microsoft Corporation (NASDAQ:MSFT) Stake Decreased by Cornerstone Advisors Inc
- August 11, 2017

The stock has a market cap of $553.87 billion, a price-to-earnings ratio of 26.54 and a beta of 1.01. It opened the session with a $0.189 price tag, later ranging from $0.184 to $0.19, the range at which the stock has traded at throughout the day. (more...)
US Stocks Slip as North Korea Tensions Persist US Stocks Slip as North Korea Tensions Persist
- August 11, 2017

ANALYST'S TAKE: The U.S.jobs figure "was through the roof" and the NFIB survey "painted a much better picture for the U.S. economy than most believed", said Stephen Innes of OANDA in a report. But the flipside to that, Browne said, is that a "general sense of complacency" has crept into global markets about the North Korea risk. The EUR/JPY was down 0.54% to trade at 128.924 Yen while the GBP/JPY was down 0.58% to trade at 142.489 Yen. (more...)
(T) Price Target to C$50.00 (T) Price Target to C$50.00
- August 11, 2017

Several other analysts also recently issued reports on the company. Bank of Montreal Can raised its stake in shares of TELUS Corporation by 14.6% in the first quarter. If you are viewing this report on another domain, it was stolen and republished in violation of USA & worldwide copyright and trademark laws. The original version of this story can be accessed at https://www.com-unik.info/2017/08/11/candriam-luxembourg-s-c-a-purchases-17342-shares-of-telus-corporation-tu.html. (more...)
Guam's municipal debt trading volume spikes as North Korea tensions rise Guam's municipal debt trading volume spikes as North Korea tensions rise
- August 11, 2017

North Korea has been building a missile that is said to have the capability of reaching Alaska and some western states. For that reason Coffman advises that even if North Korea launches missiles into waters near Guam, it should not automatically trigger a war. (more...)
S&P closes barely lower despite N. Korea tensions S&P closes barely lower despite N. Korea tensions
- August 11, 2017

The Dow Jones Industrial Average .dji was down 82.37 points, or 0.37 percent, to 22,002.97, the S&P 500 . spx had lost 8.34 points, or 0.34 percent, to 2,466.58 and the Nasdaq Composite .ixic had dropped 38.99 points, or 0.61 percent, to 6,331.47. (more...)
Kinross Gold Corporation (KGC) Holdings Decreased by Artisan Partners Limited Partnership
- August 11, 2017

BidaskClub downgraded Kinross Gold Corporation from a "hold" rating to a "sell" rating in a report on Wednesday. The mining company reported $0.04 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.02. Tenet Healthcare Corp. (THC) has a market capitalization of 1.35 Billion which suggests the company is a huge company further suggesting that the shares of Tenet Healthcare Corp. (more...)
Sit Investment Associates Inc. Maintains Position in Coca-Cola Company (The) (KO) Sit Investment Associates Inc. Maintains Position in Coca-Cola Company (The) (KO)
- August 11, 2017

Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company's stock valued at $116,000 after buying an additional 129 shares in the last quarter. If you are viewing this story on another site, it was copied illegally and republished in violation of US and worldwide trademark & copyright legislation. (more...)
Uber Promised Customers Free Ice Cream but Didn't Deliver Uber Promised Customers Free Ice Cream but Didn't Deliver
- August 11, 2017

Once they matched, Uber would send them frozen treats for up to five people. And now it turns out they can't even make ice cream delivery work. Other cities where riders can score a free cone include Los Angeles, Washington D.C., Toronto, San Francisco, Atlanta and more. (more...)
Dollar slumps, Tokyo tanks as North Korea tensions spike Dollar slumps, Tokyo tanks as North Korea tensions spike
- August 11, 2017

But although US equities on Wednesday managed to close only slightly down even after Trump's warning that " fire and fury " would rain on North Korea , on Thursday the chickens came home to roost on Wall Street. The Korean won also continued to skid, down 0.45 per cent to 1,147.2, falling below its 200-day moving average for the first time in a month. In the eurozone, the Paris CAC 40 lost 0.3 percent compared with the closing level on Wednesday. (more...)
No renewal of insurance for vehicles without PUC, says SC No renewal of insurance for vehicles without PUC, says SC
- August 11, 2017

In a bid to curb pollution, the Supreme Court on Thursday issued a slew of directions including that insurance companies will not renew insurance of a vehicle unless the owner provides pollution under control (PUC) certificate. EPCA is also empowered to enforce the graded action plan on air pollution. However, the Union Ministry of Transport argued that the two requirements mentioned above (PUC Certificate and Insurance) can not be merged as vehicle insurance is a yearly affair where as ... (more...)
Baird Maintains Rating And Lowers Price Target On Range Resources Corporation (RRC)
- August 11, 2017

Van Eck Corp, a New York-based fund reported 37,197 shares. 24,000 Antero Resources Corp (NYSE:AR) shares with value of $529,202 were sold by McNeilly Ward D . Petroleum & Resources Corp, which manages about $671.66M US Long portfolio, upped its stake in Monsanto Co New (NYSE:MON) by 17,900 shares to 150,400 shares, valued at $15.82 million in 2016Q4, according to the filing. (more...)
Tiaa Cref Investment Management LLC Decreases Its Stake in Liberty Global plc
- August 11, 2017

Analyst mean recommendation on a stock by the analyst community is at 2.40. BidaskClub raised shares of Liberty Global PLC from a "buy" rating to a "strong-buy" rating in a research report on Friday, August 4th. In related news, Director John C. Malone purchased 100,719 shares of Liberty Global PLC stock in a transaction that occurred on Tuesday, July 11th. (more...)
Are Analysts Bullish about Dominion Diamond Corp (NYSE:DDC) after last week?
- August 11, 2017

Levin Capital Strategies L.P. purchased a new stake in Dominion Diamond Corporation during the first quarter valued at $235,000. On July 19 the company was changed to a "Neutral" according to a Citigroup report a cut from the previous "Buy" rating . (more...)
General Electric Company (GE) Position Decreased by Rehmann Capital Advisory Group
- August 11, 2017

More interesting news about General Electric Company (NYSE:GE) were released by: Usnews.com and their article: "GE Closing Rochester Plant" published on August 09, 2017 as well as Reuters.com's news article titled: "GE saves money by delaying Boston HQ tower construction" with publication date: August 09, 2017. (more...)
Freeport-McMoran, Inc. (FCX) Shares Bought by State Treasurer State of MI
- August 11, 2017

IV has sold 77,500 shares of Freeport-McMoRan Inc. It has underperformed by 9.87% the S&P500. After a recent check, Freeport-McMoRan Inc. The Birinyi Associates Inc holds 17,375 shares with $4.16M value, down from 25,975 last quarter. 99 funds opened positions while 175 raised stakes. Share performance for the month is now at 5.79%. (NYSE:FCX). At the time of writing, the First Call consensus price target for the company is $14.76. (more...)
Evolent Health's (NYSE:EVH) "Outperform" Rating Reiterated at Cowen and Company
- August 11, 2017

ValuEngine cut shares of Evolent Health from a "hold" rating to a "sell" rating in a report on Friday, July 28th. Several other research firms also recently weighed in on EVH . In related news, major shareholder Upmc sold 2,333,333 shares of the stock in a transaction dated Friday, May 19th. The sale was disclosed in a filing with the SEC, which is accessible through this link . (more...)
SoundCloud avoids being shutdown with new investment, CEO removal SoundCloud avoids being shutdown with new investment, CEO removal
- August 11, 2017

After obtaining a circular that was sent to shareholders at the beginning of the week, Axios reports that, come Friday, Soundcloud will either be endowed with a large lump sum of money ($169.5 million at a $150 million pre-money enterprise valuation) or shutter. (more...)
John G Ullman & Associates Inc. Raises Stake in Oclaro, Inc. (NASDAQ:OCLR)
- August 11, 2017

At the end of Mar reporting period, 178 institutional holders increased their position in Oclaro, Inc . Want to see what other hedge funds are holding OCLR? Cypress Capital Management LLC WY now owns 54,500 shares of the semiconductor company's stock worth $509,000 after buying an additional 1,040 shares during the last quarter. (more...)
Analysts Speculate on Petroleo Brasileiro SA- Petrobras (PBR) Analysts Speculate on Petroleo Brasileiro SA- Petrobras (PBR)
- August 11, 2017

Therefore 33% are positive. Do investors think to respond accordingly to new analyst's rating and change a position based on the analyst's rating opinion without any further research? The stock's market capitalization is 57.72B. Analysts await Wal-Mart Stores Inc (NYSE:WMT) to report earnings on August, 17 before the open. Looking back over the past full-year, shares have performed 41.47%. (more...)
Marathon Oil Corporation (NYSE:MRO) To Go Ex-Dividend on August 14th Marathon Oil Corporation (NYSE:MRO) To Go Ex-Dividend on August 14th
- August 11, 2017

American Century Companies Inc. increased its stake in shares of Marathon Petroleum Corporation by 8,254.8% in the first quarter. Accern also gave news headlines about the oil and gas producer an impact score of 46.7613595809444 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. (more...)
Harvey Capital Management Inc. Maintains Stake in NVIDIA Corporation (NASDAQ:NVDA) Harvey Capital Management Inc. Maintains Stake in NVIDIA Corporation (NASDAQ:NVDA)
- August 11, 2017

Pnc Finance Group accumulated 88,932 shares. Long-term investors should review current trend forecasts and yearly or five-year trend graphs to understand whether the stock is bearish or bullish or to determine whether the company is performing well. (more...)
Starbucks Is Selling Bottled Pumpkin Spice Lattes Starbucks Is Selling Bottled Pumpkin Spice Lattes
- August 11, 2017

In June, Starbucks launched the new ready-to-drink Starbucks Iced Latte , an on-the-go beverage inspired by the customer-favorite handcrafted Caffe Latte that's been on the Starbucks menu since 1984. Ready-to-drink Starbucks Iced Latte will continue to roll out other limited-time flavors throughout the year. Adding a splash of milk or cream and sugar creates a drink that's less calorific than the in-store version. (more...)
Stock Jumping Abnormally High: Plains GP Holdings, LP (PAGP)
- August 11, 2017

The Mai Wealth Advisors holds 13,505 shares with $436,000 value, down from 37,702 last quarter. Trust Co. of Vermont raised its stake in shares of Plains All American Pipeline, L.P.by 1,260.0% in the first quarter. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and global trademark & copyright laws. (more...)
Netflix's (NFLX) Netflix's (NFLX) "Buy" Rating Reaffirmed at JP Morgan Chase & Co
- August 11, 2017

Almanack Investment Partners LLC. bought a new stake in shares of Netflix during the second quarter worth about $101,000. Wedbush reissued their sell rating on shares of Netflix , Inc. divested its ownership by selling 103,176 shares a decrease of 7.7% in the quarter. (NASDAQ:NFLX). Coatue Mngmt Limited Liability Company owns 4.31% invested in Netflix , Inc. (more...)