Business


Maria strengthens to major Category 3 hurricane Maria strengthens to major Category 3 hurricane
- September 19, 2017

Before Maria hits Puerto Rico , however, the storm is likely to impact the US Virgin Islands Tuesday night or Wednesday. The storm will affect parts of the Leeward Islands and the British and US Virgin Islands for next couple of days, the center said. (more...)
Federal Reserve widely expected to hold interest rates steady this week Federal Reserve widely expected to hold interest rates steady this week
- September 19, 2017

Despite weaker U.S. economic data reducing the chances of a rate hike this year, bearish gold traders noted that the U.S. Federal Reserve is still on-track to begin trimming its balance sheet after next week's September meeting. CURRENCY: The dollar rose to 111.39 yen from Friday's 110.82 yen. Combined, the three central banks hold some $15 trillion in assets, purchases that were meant to encourage riskier investing but that critics say may be distorting financial conditions. (more...)
Nuveen S&P 500 Buy-Write Income Fund (BXMX) Sees Sluggish Weekly Performance
- September 19, 2017

It invests in fixed income markets of the United States. Value investors may be searching for stocks with lower price to earnings ratios that possess higher dividend yields. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. Traders might be tracking future action to gauge possible upward momentum if the price remains above the signal. (more...)
Caterpillar, Inc. (CAT) Lifted to Buy at UBS AG Caterpillar, Inc. (CAT) Lifted to Buy at UBS AG
- September 19, 2017

The firm has a market cap of $71.73 billion, a price-to-earnings ratio of 678.04 and a beta of 1.24. Another trade for 12,899 shares valued at $2.50 million was sold by DUCKER MICHAEL L. Therefore 0 are positive. Telus Corporation had 14 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Friday, September 25 by Macquarie Research. (more...)
Costco Wholesale Corporation (NASDAQ:COST) Shorts Up 17.44% - Currently Trading Down
- September 19, 2017

Costco Whsl Corp New now has $71.18 billion valuation. The stock decreased 0.04% or $0.07 during the last trading session, reaching $162.3. Director John W. The rating was upgraded by Vetr to "Buy" on Monday, August 24. The company was initiated on Friday, February 10 by Susquehanna. The stock has "Mkt Perform" rating by Keefe Bruyette & Woods on Friday, October 7. (more...)
Ford Motor (NYSE:F,) Given News Sentiment Score of 0.21 Ford Motor (NYSE:F,) Given News Sentiment Score of 0.21
- September 19, 2017

Since March 16, 2017, it had 1 buy, and 2 sales for $1.17 million activity. The stock has a market capitalization of $46.19 billion and a P/E ratio of 12.24. You can get a sense of how sustainable that is by a levered free cash flow of $-10.28 Billion over the past twelve months. The stock of Ford Motor Company (NYSE:F) earned "Buy" rating by Piper Jaffray on Tuesday, July 11. (more...)
Exxon Mobil Corporation (XOM) Shares Sold by Murphy Capital Management Inc
- September 19, 2017

Bancorpsouth Inc. now has $2.73 billion valuation. Traders who own the stock with a record date on Mon, Aug 14th were issued a divided of $0.77 for a share. Sumitomo Life Insur Communications accumulated 27,464 shares or 0.18% of the stock. Granite Point Mgmt Limited Partnership, Massachusetts-based fund reported 157,500 shares. (more...)
Are Hedge Funds Betting Against Range Resources Corporation (RRC)?
- September 19, 2017

First Trust Advisors LP lifted its position in shares of Range Resources Corporation by 52.9% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 3,756 shares of the oil and gas exploration company's stock valued at $109,000 after acquiring an additional 257 shares during the last quarter. (more...)
Gilead Sciences, Inc. (NASDAQ:GILD) Holdings Increased by Mawer Investment Management Ltd.
- September 19, 2017

Also, EVP Gregg H. Alton sold 25,000 shares of Gilead Sciences stock in a transaction that occurred on Friday, September 1st. Hall Laurie J Trustee now owns 1,500 shares of the biopharmaceutical company's stock valued at $100,000 after purchasing an additional 250 shares during the period. (more...)
Man, 20s, shot dead outside Dublin shopping centre last night Man, 20s, shot dead outside Dublin shopping centre last night
- September 19, 2017

It is understood that the victim tried to exit his auto as shots were fired but suffered a gunshot wound to the head as he tried to escape. Gardai say the man was treated at the scene but he was sadly pronounced dead by paramedics a short time later. (more...)
Starbucks Corporation's (NASDAQ:SBUX) "Buy" Rating Reiterated at Cowen and Company
- September 19, 2017

Jefferies Group LLC reiterated an average rating and issued a $65.00 target price on shares of Starbucks Corporation in a research note on Friday, July 28th. Other institutional investors and hedge funds have also recently made changes to their positions in the company. 970.72 million shares or 1.73% more from 954.23 million shares in 2016Q3 were reported. (more...)
China Unicom Hong Kong Ltd (CHU) Shares Spotted Above Chikou Line China Unicom Hong Kong Ltd (CHU) Shares Spotted Above Chikou Line
- September 19, 2017

They set a "buy" rating for the company. Finally, Morgan Stanley downgraded shares of China Mobile (Hong Kong) from an "overweight" rating to an "underweight" rating in a report on Wednesday, July 5th. SRS Capital Advisors Inc. lifted its holdings in China Mobile (Hong Kong) by 67.1% in the first quarter. PNC Financial Services Group Inc. lifted its position in China Unicom (Hong Kong) by 4.6% in the 1st quarter. (more...)
Is Valero Energy Corporation (NYSE:VLO) Attractively Priced?
- September 19, 2017

Currently, Valero Energy Corp ( VLO ) has a 14-day ATR of 1.26. It has underperformed by 1.41% the S&P500. Cadence Capital Management Llc decreased Valero Energy Corp New (VLO) stake by 58.92% reported in 2016Q4 SEC filing. Tudor Investment Et Al reported 11,000 shares. Utah Retirement System invested in 0.15% or 85,938 shares. Cubist Systematic Strategies Ltd Liability Co owns 31,318 shares. (more...)
Is Halozyme Therapeutics, Inc. (NASDAQ:HALO) Overbought?
- September 19, 2017

PA owned 0.05% of Halozyme Therapeutics worth $840,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors have also made changes to their positions in the company. Finally, Barclays PLC reissued an "overweight" rating and issued a $16.00 target price on shares of Halozyme Therapeutics in a research note on Friday, June 23rd. (more...)
Swastika-wearing Nazi knocked out after harassing black man Swastika-wearing Nazi knocked out after harassing black man
- September 19, 2017

A man wearing a swastika armband was caught on camera getting punched in the face in Seattle. "Submitter said they were harassing a black man on the bus". While it's hard to make out much of the conversation before the physical attack, you can hear what sounds like the Nazi armband-wearing man say, "They deserve welfare". (more...)
Mascoma Wealth Management LLC Buys Shares of 7836 Johnson & Johnson (JNJ) Mascoma Wealth Management LLC Buys Shares of 7836 Johnson & Johnson (JNJ)
- September 19, 2017

Johnson & Johnson now has $360.11B valuation. CIBC World Markets has an ownership of 948,655 company stock worth at $118,155,000 after scooping up an extra 500,662 stocks in the previous period. Northern Tru Corp holds 1.04M shares. Deutsche National Bank Ag holds 687,289 shares. Altrinsic Global Advsrs Llc holds 670,000 shares. Kanaly Trust Com, a Texas-based fund reported 2,796 shares. (more...)
Roku looks to raise $204 million in IPO Roku looks to raise $204 million in IPO
- September 19, 2017

Roku, the digital streaming business, is looking to raise about $204 million when it goes public later this month. As to the numbers, once the filing goes through, there will be 15.7 million shares up for grabs and shares are being sold at a price ranging between $12 and $14 per share. (more...)
Uber apologises for sexist promotional message Uber apologises for sexist promotional message
- September 19, 2017

Uber , which drives people from place to place, has driven some people mad with a promotional message in Bangalore that has been deemed sexist. After a series of tweets from people, the company's Chief Brand Officer Bozoma Saint John said: "This is totally unacceptable". (more...)
Chipotle Mexican Grill, Inc. (NYSE:CMG) Lowered to Chipotle Mexican Grill, Inc. (NYSE:CMG) Lowered to "Sell" at ValuEngine
- September 19, 2017

About 793,052 shares traded. It has underperformed by 77.36% the S&P500. Toronto Dominion Bank lifted its stake in Chipotle Mexican Grill by 24.7% in the second quarter. The legal version of this story can be accessed at https://weekherald.com/2017/09/17/chipotle-mexican-grill-inc-cmg-downgraded-by-valuengine-to-sell.html. (more...)
Aldi, Lidl and Ocado Blow Away Other UK Supermarkets Aldi, Lidl and Ocado Blow Away Other UK Supermarkets
- September 19, 2017

Sales of prepared salad fell 6% in the month, while both scotch eggs and sun care were down 16%. British supermarket sales increased by 3.6 percent in the 12 weeks to September 10, largely driven by higher inflation and extending a run of above-3-percent growth to six months, industry data showed on Tuesday. (more...)
Celgene Corporation (CELG) Given Daily News Impact Rating of 0.15
- September 19, 2017

It has outperformed by 0.30% the S&P500. About 215,602 shares traded or 0.89% up from the average. Luby's, Inc. (NYSE:LUB) has declined 47.80% since September 18, 2016 and is downtrending. Its down 0.13, from 1.11 in 2016Q3. Independent Portfolio Consultants has an ownership of 1,541 stocks of the biopharmaceutical firms shares valued $192,000 following acquiring an extra 1,043 shares through out the previous quarter, Lastly, Schmidt P J Investment Management bought a fresh stake in Celgene ... (more...)
Ocado increases sales - but shoppers buy less each time Ocado increases sales - but shoppers buy less each time
- September 19, 2017

Revenues at online grocer Ocado climbed by around 15pc in the third quarter as it enjoyed a surge in the number of orders it receives each week. However, the average size of customers' spend dropped just over a percent, from £107.56 to £106.25. (more...)
China preparing to crack down on all trading of bitcoin, says WSJ China preparing to crack down on all trading of bitcoin, says WSJ
- September 19, 2017

China's crackdown on bitcoin exchanges is a sign that the top regulator no longer tolerates cryptocurrency trading in the country as it has fueled illegal fundraising and cross-border money laundering, experts told China Daily . The Beijing News reported on Monday that senior managers of these two exchanges were forbidden to leave Beijing, and are required by financial regulators to cooperate with further investigations. (more...)
Ryanair tries to manage 0.4m cancellations after 'mess up' Ryanair tries to manage 0.4m cancellations after 'mess up'
- September 19, 2017

O'Leary has said that the vast majority of customers on cancelled flights will receive notice of their cancellation personally by email , and would be transferred to Ryanair alternatives on the same day as their original flight, and failing that, the day after or the day before. (more...)
Geneva Police Confiscate Euro Bills Clogging Up Toilets Geneva Police Confiscate Euro Bills Clogging Up Toilets
- September 19, 2017

The mysterious misplaced funds were first reported by a Swiss newspaper, and local authorities have confirmed the incident to multiple media outlets. Derouand said the investigation would first focus on whether the cash was connected to any illegal activity because destroying - or attempting to flush - bank notes is not a crime in Switzerland. (more...)
Consensus Buy Analysis: Southwest Airlines Co. (LUV) Consensus Buy Analysis: Southwest Airlines Co. (LUV)
- September 19, 2017

At the end of 06/30/2017 reporting period, 342 institutional holders increased their position in Southwest Airlines Co . Finally, Cowen and Company reaffirmed a "buy" rating and set a $67.00 price objective on shares of Southwest Airlines in a report on Friday, September 1st. (more...)
Hurricane Maria now potentially catastrophic category 5 with 'dreaded pinhole eye'
- September 19, 2017

The hurricane center statement said Maria was centered about 15 miles east-southeast of Dominica and 40 miles north of Martinique. Warnings are also in effect for St Kitts and Nevis, Montserrat and St Lucia while hurricane watches are in place for St Martin, Saba, St Eustatius and Anguilla. (more...)
American Airlines Group, Inc. (NASDAQ:AAL) Position Reduced by Financial Counselors Inc
- September 19, 2017

Traders are more bullish on American Airlines Group, Inc. recently if you pay attention to the downtick in short interest. The Moore Capital Management Lp holds 225,000 shares with $10.51 million value, down from 250,000 last quarter. 36 funds opened positions while 51 raised stakes. Ipg Investment Advsr Ltd Limited Liability Company owns 8,900 shares. Integral Derivatives Ltd holds 123,297 shares or 0.11% of its portfolio. (more...)
VanEck Vectors Agribusiness ETF (MOO) Share Activity Climbing in Session
- September 19, 2017

Investors may be searching for stocks that are undervalued. Often times, earnings that vastly beat expectations may cause the stock to skyrocket. Other technical analysts have built upon the work of Wilder. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. (more...)
Vornado Realty Trust (NYSE:VNO) Experiences Heavier than Usual Trading Volume
- September 19, 2017

Cenovus Energy Inc (TSE:CVE) has 0.00% since September 18, 2016 and is. The share price of Vornado Realty Trust (NYSE:VNO) was down -0.09% during the last trading session, with a day high of 75.54. Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, February 13th. The firm owned 22,400 shares of the real estate investment trust's stock after acquiring an additional 6,700 shares during the quarter. (more...)