Business


Airport worker faces jail for swapping 286 luggage labels Airport worker faces jail for swapping 286 luggage labels
- September 20, 2017

Keh has since been charged with 286 counts of mischief after he was allegedly caught swapping the luggage tags at Singapore's Changi Airport. One of these included swapping the tag of a bag bound for Penang, Malaysia with another bag, the Straits Times newspaper said. (more...)
TSX futures edge higher ahead of Fed meeting TSX futures edge higher ahead of Fed meeting
- September 20, 2017

The S&P/TSX composite index was up 70.16 points to 15,363.13, after 90 minutes of trading. The financials group gained 0.3 per cent, and the industrials sector rose 0.8 per cent. With the Fed due to release its latest policy statement at 2 p.m. ET, caution prevailed. Canada's benchmark stock index notched a weekly gain of more than 1 per cent but ended almost flat on Friday as falling metal prices and some profit-taking in other sectors largely offset gains in groups led by consumer ... (more...)
United States oil stockpiles grow 4.6 million barrels United States oil stockpiles grow 4.6 million barrels
- September 20, 2017

Crude oil stockpiles ballooned again in the past week as the fallout from Hurricane Harvey continued. These, according to the authority, stood at 472.8 million barrels as of last Friday, up by 4.6 million barrels from the previous week, which saw a 5.9-million-barrel increase. (more...)
Markets cautious on eve of Fed rate call Markets cautious on eve of Fed rate call
- September 20, 2017

Asian shares crept ahead and the dollar firmed on Monday in a cautious start to a week in which the U.S. Federal Reserve is likely to wrestle with its bloated balance sheet as part of a long reversal of super-cheap money worldwide. In a speech two weeks ago, Dudley reaffirmed his desire to see a December rate increase even after he acknowledged the last few months of soft inflation readings. (more...)
Reinsurance Group of America Inc (RGA): A Look Inside The Numbers
- September 20, 2017

It is down 30.37% since September 15, 2016 and is uptrending. It has underperformed by 17.22% the S&P500. ILLEGAL ACTIVITY WARNING: "Laurion Capital Management LP Acquires New Stake in Reinsurance Group of America, Incorporated ( RGA )" was published by Equities Focus and is owned by of Equities Focus. (more...)
Active Volume Stock: Marathon Petroleum Corporation (MPC)
- September 20, 2017

Marathon Oil Corporation announced a dividend for shareholders which was paid on Monday the 11th of September 2017. The stock decreased 0.17% or $0.02 during the last trading session, reaching $12. Raymond James & Associates reported 0.02% stake. Royal Bancorp Of Canada has 142,773 shares. As of the end of the quarter Next Financial Group, Inc had sold a total of 7,950 shares trimming its stake by 83.9%. (more...)
ValuEngine Upgrades America Movil, SAB de CV (AMX) to ValuEngine Upgrades America Movil, SAB de CV (AMX) to "Buy"
- September 20, 2017

Ubs Group Ag bolstered its stake by buying 584 shares an increase of 1,191.8% in the quarter. Exane Derivatives now owns 55,272 shares worth $879,751,000. Morgan Stanley upgraded America Movil, S.A.B.de C.V. from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $16.00 to $21.00 in a report on Thursday, August 10th. (more...)
RiverFront Investment Group LLC Raises Position in Pepsico, Inc. (NYSE:PEP) RiverFront Investment Group LLC Raises Position in Pepsico, Inc. (NYSE:PEP)
- September 20, 2017

The company has market cap of $176.02 million. The stock rose 0.33% or $0.12 reaching $36.8. Meritor, Inc. (NYSE:MTOR) has a market cap of $1.99 billion and over the last 12 months, MTOR has risen by 110.24%. Strategic Inc holds 0.49% or 50,269 shares in its portfolio. Great Lakes Advisors Lc accumulated 88,432 shares. Lastly, Stifel Nicolaus restated a "hold" recommendation on stocks of Pepsico in a study report on early Wed, May 31st. (more...)
Ryanair provides update on flight cancellations Ryanair provides update on flight cancellations
- September 20, 2017

Ryanair has pleaded with customers affected by the cancellation of 2,100 of its flights to "bear with us" as it gets to grips with refunds and rescheduling. Ryanair pilots have been offered bonuses of up to €12,000 to forgo annual leave in order to plug gaps in rotas and prevent more flight cancellations. (more...)
Wall Street Stock Recommendations: Alnylam Pharmaceuticals, Inc. (ALNY), Newmont Mining Corporation (NEM) Wall Street Stock Recommendations: Alnylam Pharmaceuticals, Inc. (ALNY), Newmont Mining Corporation (NEM)
- September 20, 2017

Chardan Capital reissued a "buy" recommendation on stocks of Alnylam Pharmaceuticals in a note on Mon, Sep 11th. Needham & Company reiterated a "buy" recommendation and fixed a $85.00 price target (down prior from $98.00) on stocks of Alnylam Pharmaceuticals in a study note published on early Thur, Sep 7th. (more...)
Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) Moving Today - Up by 4.48%
- September 20, 2017

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. Idera Pharmaceuticals ( NASDAQ IDRA ) opened at 2.33 on Tuesday. (more...)
Sell Johnson & Johnson because of its 'stretched' valuation: Goldman Sell Johnson & Johnson because of its 'stretched' valuation: Goldman
- September 20, 2017

Spectrum Management Group Inc increased Johnson & Johnson ( JNJ ) stake by 39.95% reported in 2016Q4 SEC filing. Schwab Charles Management Inc has 1.38% invested in Johnson & Johnson ( NYSE : JNJ ) for 10.95 million shares. Baker Ellis Asset Mgmt Lc reported 1.11% in Johnson & Johnson ( NYSE : JNJ ). Reik And Co Lc reported 0.64% stake. 100,037 are owned by Sumitomo Life. (more...)
Archer-Daniels-Midland Company Stake Acquired By HGK Asset Management Archer-Daniels-Midland Company Stake Acquired By HGK Asset Management
- September 20, 2017

Archer Daniels Midland Company had 33 analyst reports since July 29, 2015 according to SRatingsIntel. Financial Counselors has an ownership of 10,418 company stock worth at $431,000 following acquiring an extra 144 stocks in the previous period. (more...)
Technical Focus: Tracking Shares of Bonterra Resources Inc (BTR.V)
- September 20, 2017

A CCI reading above the +100 level would suggest that the stock is overbought and possibly primed for a correction. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. At the time of writing, Vanguard Mid Cap Value Index Fund (VOE) has a 14-day Commodity Channel Index (CCI) of 105.04. Two of the most widely used techniques are fundamental and technical analysis. (more...)
Rite Aid Corporation (NYSE:RAD) Drops in Trading Today - Down $0.25 Rite Aid Corporation (NYSE:RAD) Drops in Trading Today - Down $0.25
- September 20, 2017

Recent trading patterns in the stock of Rite Aid Corporation (NYSE: RAD ) have investors on high alert. Stock volatility for the month was 3.84% while for the week was 6.01%. The pharmacy operator reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.03. They may also be used to assist the trader figure out proper support and resistance levels for the stock. (more...)
What Does Institutional Ownership Look Like At Allscripts Healthcare Solutions, Inc. (MDRX)? What Does Institutional Ownership Look Like At Allscripts Healthcare Solutions, Inc. (MDRX)?
- September 20, 2017

The current Zacks consensus target price on shares of Allscripts Healthcare Solutions, Inc . (NASDAQ: MDRX ) traded up 0.22% on Monday, reaching $13.73. Poulton sold 15,000 shares of the business's stock in a transaction that occurred on Friday, September 15th. Zacks Investment Research raised shares of Allscripts Healthcare Solutions from a "sell" rating to a "hold" rating in a report on Wednesday, August 9th. (more...)
JetBlue Airways Corporation (JBLU) Receives News Sentiment Score of 0.20 JetBlue Airways Corporation (JBLU) Receives News Sentiment Score of 0.20
- September 20, 2017

Jetblue Airways Corp now has $6.26B valuation. About 610 shares traded. The Texas-based Twin Tree Mgmt Limited Partnership has invested 0.03% in JetBlue Airways Corporation (NASDAQ: JBLU ). That brings St's holdings to $494,647 as reported to the SEC. Zacks Investment Research lowered JetBlue Airways Corporation from a buy rating to a hold rating in a research note on Monday, August 7th. (more...)
Royce & Associates LP Has $7.03 Million Stake in Parker-Hannifin Corporation (PH)
- September 20, 2017

The stock increased 1.05% or $1.77 on September 15, reaching $169.69. Shares of Parker-Hannifin Corporation (NYSE:PH) traded up 1.06% during mid-day trading on Tuesday, hitting $175.47. Williams Thomas L sold 18,435 shares worth $2.95 million. 2,850 shares were sold by MAXWELL MARTIN C , worth $456,228. The shares were purchased at an average price of $160.72. (more...)
What Are Analysts Opinions On First Majestic Silver Corp. (AG)
- September 20, 2017

Sandridge Mississippian Trust I (SDT) has declined 30.23% since September 18, 2016 and is downtrending. It has outperformed by 0.30% the S&P500. Geneva Advisors LLC increased its holdings in shares of First Majestic Silver Corp .by 4.1% during the first quarter. (more...)
3 things to watch for from the Federal Reserve on Wednesday 3 things to watch for from the Federal Reserve on Wednesday
- September 20, 2017

Fed officials are widely expected to leave rates unchanged as they announce a start date for the gradual unwinding of the USA central bank's $4.5 trillion balance sheet. That's because it's too soon for Fed officials to abandon that framework for forecasting price pressures, said Josh Wright, chief economist at iCIMS Inc.in Matawan, New Jersey. (more...)
International Business Machines Corporation Stocks Unloaded By Neville Rodie Shaw
- September 20, 2017

Technical traders may be looking at recent indicator levels on shares of First American International Corp (FAIT). It has outperformed by 18.90% the S&P500. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. (more...)
Hot Stock Overview: Sirius XM Holdings Inc. (SIRI)
- September 20, 2017

Tightening the gaze, stock performance for the last 5 trading days is -0.90%. The institutional investor owned 216,048 shares of the company's stock after selling 221,601 shares during the period. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. The ex-dividend date was Tuesday, August 8th. (more...)
What the Technicals Say About Advance Auto Parts, Inc. (AAP)
- September 20, 2017

The stock's beta is 0.92 whilst the stock has an average true range (ATR) of 3.73. It is down 5.52% since September 17, 2016 and is uptrending. It has underperformed by 11.18% the S&P500. (NYSE: AAP ) for 792,710 shares. In the same way a stock's beta shows its relation to market shifts, it is also an indicator for required returns on investment (ROI). (more...)
CareTrust REIT, Inc. (NASDAQ:CTRE) Trading Up - Short interest fell by -7.16% CareTrust REIT, Inc. (NASDAQ:CTRE) Trading Up - Short interest fell by -7.16%
- September 20, 2017

Other equities analysts have also issued research reports about the company. KeyCorp reissued a "buy" rating and set a $20.00 price objective on shares of CareTrust REIT in a research report on Friday, August 25th. The stock of Caretrust REIT Inc (NASDAQ:CTRE) earned "Equal-Weight" rating by Barclays Capital on Monday, August 22. With short interest at 2,508,514 and short average daily volume at 600,812, the short-interest ratio is 4.0 and the percentage of shorted shares was 0.03% on August ... (more...)
Drogheda And Greystones To Become Rent Pressure Zones Drogheda And Greystones To Become Rent Pressure Zones
- September 20, 2017

It is thought rents in Dublin rose by 3.3%, from March to June this year, whilst both Drogheda, Co Louth, and Greystones, Co Wicklow have experienced sharp increase over the past 12 months. He said that at one stage past year rents were rising in Dublin by about 8.5pc - therefore there had been "a big improvement" even if costs were still going up. (more...)
Cellphone bomb found in luggage at Mangalore Airport, one arrested Cellphone bomb found in luggage at Mangalore Airport, one arrested
- September 20, 2017

A 26-year-old man was arrested, and his flight delayed after security flagged what appeared to be a cell-phone bomb in his luggage. The passenger was identified as M Mohammed, the Times of India reported. They added: "Since it is a sensitive security matter we have nothing more to share". "It was a self made power bank, after through check pax was allowed to proceed", said Mangaluru Police Commissioner T.S Suresh. (more...)
OECD Sees Further Uptick In Global Growth In 2018 OECD Sees Further Uptick In Global Growth In 2018
- September 20, 2017

And next year, it's forecasting growth of 1.9 percent for the eurozone, 0.1 percentage point more than previously thought, but below its 2.4 percent projection for the U.S. Rising corporate profits should help strengthen business investment through 2018, but low wage growth and fiscal consolidation are likely to weigh on activity in 2018, when growth is expected at 1.2%. (more...)
Paul Pogba sends message to Man United fans about his mentor
- September 20, 2017

Pogba told Manchester United's matchday programme: "I'm still learning from Michael". But the Frenchman will have to wait to add to the two goals and two assists he's got in the Premier League so far this term after suffering a hamstring injury in last week's showdown with Basel. (more...)
South Africa Inflation Accelerates Less Than Forecast
- September 20, 2017

The average price of 1 litre of RON95 petrol was RM2.12 in August 2017, compared with RM1.75 in August 2016. Based on a seasonally adjusted term, the overall CPI for August 2017 increased 0.9% compared to July 2017. As for RON97, the average price increased to RM2.39 from RM2.10. Core inflation, which excludes most volatile items such as fresh food and energy prices, rose 2.4% in August compared to the same month a year ago. (more...)
The Home Depot, Inc. (HD)
- September 20, 2017

The stock was sold at an average price of $157.10, for a total value of $5,027,200.00. The target implies a -6.63% decrease from where the shares are now trading. For the current year, analysts are predicting earnings of $7.33 per share according to First Call. HD's profit will be $2.12B for 21.86 P/E if the $1.80 EPS becomes a reality. (more...)