Business


Allen buys Weather Channel for $300m Allen buys Weather Channel for $300m
- March 24, 2018

The TV network had been owned by Blackstone, Bain and NBCU since 2008, when that group acquired the channel from Landmark Communications for a reported price tag near $3.5 billion. The Weather Channel had been for sale before. " Byron Allen's purchase of our innovative and forward-thinking organization will increase the value we bring to our viewers, distributors, and advertisers", Shull said. (more...)
ET Explains: Is US-China trade war merely a battle of egos? ET Explains: Is US-China trade war merely a battle of egos?
- March 24, 2018

Trump threatened to slap tariffs on up to $60 billion of Chinese imports Thursday. " China does not want a trade war with anyone, but China is not afraid of and will not recoil from a trade war ", the Chinese Embassy in Washington stated on Thursday. (more...)
Dow Drops More Than 1100 Points Over Two Days Dow Drops More Than 1100 Points Over Two Days
- March 24, 2018

President Trump said the stock market is "way up" as Wall Street struggles to shake off fears of a global. The planned US sanctions include tariffs on $48 billion worth of Chinese imports as well as restrictions on Chinese investments. Sales outside the US are especially important for technology companies. That doesn't take into account how much of the manufacturing and assembly of Apple products is done in Chinese factories, which could be affected if tariffs start piling up. (more...)
Mother turns in son accused of stealing auto with baby inside Mother turns in son accused of stealing auto with baby inside
- March 24, 2018

Allegedly, a man wearing a white tank top and baggy trousers entered a gas station, handed the clerk an infant, and drove off with the vehicle he recently stole. "Take the baby! Take the baby!" the man allegedly said. He can be seen unstrapping the child from the back of a black Kia Rio, running towards the petrol station to drop off the child and then speeding off with the vehicle. (more...)
PM calls for 'new dynamic' as European Union agrees Brexit trade strategy PM calls for 'new dynamic' as European Union agrees Brexit trade strategy
- March 24, 2018

May has always been keen to move on to what is for Britain the most important part of the Brexit negotiations on the future relationship, when she wants to secure the deepest ever free trade agreement to help justify a standstill transition. (more...)
Barack Obama shares parenting advice with New Zealand PM Jacinda Ardern Barack Obama shares parenting advice with New Zealand PM Jacinda Ardern
- March 24, 2018

Her tweets suggested Mr Obama spoke about the importance of women and young people in a world where "fact, logic, reason" are being tested. Mr Obama has been in New Zealand visiting Prime Minister Jacinda Ardern and former leader John Key. (more...)
(NASDAQ:NUAN) Shares Sold by Ascend Capital LLC (NASDAQ:NUAN) Shares Sold by Ascend Capital LLC
- March 24, 2018

Shares of Nuance Communications ( NUAN ) opened at $16.35 on Friday. (NASDAQ: NUAN ). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.01% or 51,909 shares in its portfolio. Nuance Communications (NASDAQ: NUAN ) last announced its quarterly earnings results on Thursday, February 8th. Nomura Asset Management Company Limited stated it has 45,617 shares. (more...)
Hot Stock in the Spotlight - Goldman Sachs Group Inc (NYSE: GS) Hot Stock in the Spotlight - Goldman Sachs Group Inc (NYSE: GS)
- March 24, 2018

The Kiltearn Partners Llp holds 1.35M shares with $319.65 million value, up from 1.34M last quarter. About 3.09M shares traded. It is down 0.00% since March 23, 2017 and is. As per Monday, January 25, the company rating was upgraded by Nomura. The firm earned "Hold" rating on Friday, September 15 by Jefferies. The rating was maintained by RBC Capital Markets on Monday, July 10 with "Buy". (more...)
Equities, commodities hit by trade war worries Equities, commodities hit by trade war worries
- March 24, 2018

The upward correction of planned increases suggests that the central bankers are expecting an improvement in the economy this year, including as a result of the tax reform imposed by Republicans in November. While the Fed sounded mildly hawkish with a slightly steeper projection of rates for the next two years, it was compensated for by an improved growth outlook. (more...)
Lionel Messi Given Advice Ahead of World Cup by Oprah Winfrey Lionel Messi Given Advice Ahead of World Cup by Oprah Winfrey
- March 24, 2018

Messi's Argentina also came close to lifting the biggest trophy in football - the FIFA World Cup , only to be defeated by Germany in the 2014 final. Former Barca team-mate Cesc Fabregas has since backed Messi's decision to pick Argentina over Spain, though believes La Roja have missed out as a result . (more...)
Nike (NKE) Stake Increased by United Bank Nike (NKE) Stake Increased by United Bank
- March 24, 2018

The Price to Cash Flow for NIKE, Inc . Analyst's mean target price for UAL is $82.31 while analysts mean recommendation is 2.20. Nike Inc. ( NKE .DE) now has a 14-day Commodity Channel Index (CCI) of 105.85. Second, it has SMA50, which can be used by stock traders to evaluate short term trends in the stock market. When the price rises above the moving average, it indicates that investors are becoming bullish on the commodity. (more...)
Neovasc Inc (NASDAQ: NVCN)
- March 24, 2018

Neovasc Inc . (NASDAQ: NVCN ) closed its last session at $0.11. The company's market cap is $8.96 Million. SINA institutional ownership is held at 72% while insider ownership was 9.3%. As the earnings per share (EPS) formula is stated as earnings available to common shareholders divided by number of common stock shares outstanding, therefore its diluted EPS is calculated to be 0.25 (ttm). (more...)
Here comes the Dropbox IPO Here comes the Dropbox IPO
- March 24, 2018

The stock opened at $US29 on the Nasdaq on Friday and shot up to as high as $US31 in early trading. The San Francisco-based cloud storage company first set its IPO price range at between $16 and $18 earlier this month, but later raised this by $2 due to strong demand before arriving at its final $21 IPO price on Thursday. (more...)
Trump says administration will ban gun bump stock devices Trump says administration will ban gun bump stock devices
- March 24, 2018

Bump stocks enable guns to fire like automatic weapons, and were used in last year's Las Vegas massacre . "As I promised, today the Department of Justice will issue the rule banning BUMP STOCKS with a mandated comment period", he wrote. (more...)
SpaceX's Facebook page apparently deleted to support #deletefacebook SpaceX's Facebook page apparently deleted to support #deletefacebook
- March 24, 2018

The SpaceX page had over 2.5 million followers on Friday, before the co-founder of the company made an apparent executive decision to permanently delete it from the site. Musk also addressed that brouhaha, responding to a reporter's tweet about the incident: "Yeah, my fault for being an idiot". It's all likely down to the ongoing feud between Musk and Facebook boss Mark Zuckerberg , which was reignited this week. (more...)
IL primary election returns IL primary election returns
- March 24, 2018

It included: a strong infrastructure and message, Democratic voter energy, Rauner's interference in the Democratic primary , and Rauner and President Trump's unpopularity with the electorate. Pritzker is hardly an example of an anti-establishment candidate. When Ives, 53, a West Point graduate, former U.S. Army officer, and mother of five, began the campaign against Rauner, she was virtually unknown statewide. (more...)
Huawei May Be Releasing A 512GB Smartphone Huawei May Be Releasing A 512GB Smartphone
- March 24, 2018

However, Huawei's already produced its 512GB phone and has been spotted on TENNA certification this week. Huawei has known to make innovations and P20 series are going to make the company go in the right path and Huawei , an all-employee owned company, is also one such brand that managed to make its space in a highly competitive market and grew from nearly nothing to being one of the global market leaders. (more...)
Which Way Traders Signposts Colony NorthStar, Inc. (CLNS), Walmart Inc. (WMT) Stocks?
- March 24, 2018

Stocks to Watch: Colony NorthStar, Inc . The more active the share, higher would be its volume. To do this, analysts often use a stock's beta, which measures the stock's volatility relative to the overall market. The indicator showed that 14-Day RSI of the New Concept Energy, Inc was now settled 19.05. Small-cap stocks bucked the trend, ending higher. There has been declining change grasped around 50 day SMA. (more...)
Morgan Stanley Analysts Give TransCanada (NYSE:TRP) a $50.00 Price Target
- March 24, 2018

GasLog Partners LP (NYSE:GLOP) has risen 26.62% since March 23, 2017 and is uptrending. It has outperformed by 29.75% the S&P500. Van Eck Associates Corp increased Consol Energy Inc (CNX) stake by 1.97% reported in 2017Q3 SEC filing. As per Thursday, September 1, the company rating was maintained by Bank of America. The rating was downgraded by HSBC on Tuesday, January 17 to "Hold". (more...)
Dashcam Video of Uber Self-Driving Crash Fatality Raises Questions Dashcam Video of Uber Self-Driving Crash Fatality Raises Questions
- March 24, 2018

Police have said the vehicle, a Volvo XC90 which was operating in autonomous mode, was traveling at about 40 mile per hour at the time of the collision and did not appear to brake. The footage shows that the driver is looking down for 5secs and not looking at roads. Experts believe a human driver could have avoided a fatal accident involving Uber's self-driving SUV. (more...)
Short Term Outlook For Deutsche Bank AG (NYSE:DB) Short Term Outlook For Deutsche Bank AG (NYSE:DB)
- March 24, 2018

Company's EPS for the past five years is valued at -18.1%, leading it to an EPS value of 4.78% for the next five years. But that is not to say that companies with negative EPS should be avoided. Short Ratio of stock is 0.79. Arena Pharmaceuticals, Inc ., a U.S. based Company, belongs to Healthcare sector and Biotechnology industry. Kinross Gold Corporation (KGC) finalized the Thursday at price of $3.63 after traded 10225950 shares. (more...)
Starbucks Crystal Ball Frappuccino available Thursday, for just 4 days Starbucks Crystal Ball Frappuccino available Thursday, for just 4 days
- March 24, 2018

Ameritas Ptnrs owns 4,012 shares or 0% of their U.S. portfolio. J-P Marvel Investment Advisors Llc, which manages about $413.43M and $314.33 million US Long portfolio, upped its stake in Bristol Meyers Squibb (NYSE:BMY) by 18,439 shares to 107,924 shares, valued at $6.88 million in 2017Q3, according to the filing. (more...)
Mister Rogers honoured with postage stamp from the US Postal Service Mister Rogers honoured with postage stamp from the US Postal Service
- March 24, 2018

The stamp features a photograph by Walt Seng, depicting Rogers in a signature red cardigan, next to puppet familiar King Friday XIII of the "Neighborhood of Make-Believe". HIs beloved children's program aired for more than 40 years on the Chicago PBS station. Paul Siefken, president and CEO of the Fred Rogers Company, has recorded a special message for arriving and departing passengers on the airport train. (more...)
Stock Market Wrap: Sensex, Nifty fall after new US Fed rates Stock Market Wrap: Sensex, Nifty fall after new US Fed rates
- March 24, 2018

Japan's benchmark index Nikkei 225 has gained 0.38% to 21,462, Hong Kong's Hang Seng is trading near the flat line, while China's Shanghai Composite has lost 0.37% to 3,269. On the other hand, Tata Steel (1.85%), Tata Motors (1.58%), Adani Ports and Special Economic Zone (1.44%), Hero Motocorp (1.25%), Power Grid Corporation Of India (0.90%), and Sun Pharmaceutical Industries (0.82%) were the major losers in the Sensex. (more...)
AbbVie (NYSE:ABBV) Receives News Sentiment Rating of 0.22 AbbVie (NYSE:ABBV) Receives News Sentiment Rating of 0.22
- March 24, 2018

After fanning hopes - amid considerable skepticism in some circles - with its projections of a mega-blockbuster future for Rova-T, investigators outlined a 16% objective response rate and median overall survival of 5.6 months for the drug. AbbVie ( NYSE : ABBV ) ( NYSE : ABBV ) has insider ownership of 0.23% and institutional ownership of 70.51%. ( NYSE : ABBV ). Wg Shaheen & Dba Whitney & reported 116,846 shares. (more...)
International Business Machines (IBM) PT Set at $180.00 by Pivotal Research International Business Machines (IBM) PT Set at $180.00 by Pivotal Research
- March 24, 2018

This may occur at the same time. How Company Returns Shareholder's Value? Stock analysis typically falls into two main categories. Many investors will keep an eye on both. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, "The Little Book that Beats the Market". International Business Machines Corporation provides information technology services and products worldwide. (more...)
Oil firm on surprise US crude inventory draw, OPEC-led cuts Oil firm on surprise US crude inventory draw, OPEC-led cuts
- March 24, 2018

He pointed out in a note that "Spot Brent crude oil prices averaged $3.36 per barrel more than WTI prices in 2017 compared with just $0.40 per barrel more in 2016, providing a price incentive to export US crude oil into the worldwide market" - a scenario he says will cause headaches for the Organization of the Petroleum Exporting Countries (OPEC), Russia, and their allies as they struggle to make headway in year two of their production cutback deal. (more...)
Jefferies Gives MuleSoft (MULE) a Lower Rating. Drops its Jefferies Gives MuleSoft (MULE) a Lower Rating. Drops its "Buy" Rating
- March 24, 2018

Gilder Gagnon Howe & Co. LLC now owns 9,682 shares of the company's stock valued at $225,000 after purchasing an additional 8,665 shares during the last quarter. With 881,300 shares average volume, it will take short sellers 3 days to cover their MULE's short positions. BlackRock Inc. grew its stake in shares of Mulesoft by 32.8% in the fourth quarter. (more...)
Southwest Airlines (LUV) Upgraded to Southwest Airlines (LUV) Upgraded to "Buy" by Buckingham Research
- March 24, 2018

First, it contains the Fundamental Analysis of the stock or investment market, which is performed by a skilled stock analyst to measure the stock data from various sources, including financial data, economic reports, organizational assets, shares of stock market and so on. (more...)
Officials call for compromise to solve name issue between Macedonia, Greece Officials call for compromise to solve name issue between Macedonia, Greece
- March 24, 2018

Athens says the country's use of " Macedonia " implies a territorial claim on a northern Greek region of the same name, but several alternative monikers are now believed to be on the table as hopes rise for a long-awaited solution. Pending a settlement, it was admitted to the United Nations in 1993 under the name Former Yugoslav Republic of Macedonia ( FYROM ). "Texts are made to clarify the positions and suggestions of both sides. (more...)

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