Business


The dollar rose before the Federal Reserve meeting The dollar rose before the Federal Reserve meeting
- September 21, 2017

The broader all-share index also gained 50 points, or 1 percent, to settle at 4,886.48, on a value turnover of P8.1 billion. London's FTSE 100 added 0.4 percent to 7,246. The Reserve Bank of Australia is due to release minutes of its meeting earlier this month. The single currency was backed by inflation figures in the euro area, which justified economic forecasts. (more...)
CRH buys Ash Grove Cement for US$3.5bn CRH buys Ash Grove Cement for US$3.5bn
- September 21, 2017

CRH is the world's third-biggest building materials supplier and the largest producer of asphalt and the third-largest producer of construction aggregates in the US. CRH shares rose 4.9 percent in early trading, the top pan-European STOXX 600 performer, as analysts pointed to CRH moving capital into a higher margin business at lower multiples as promised when selling its USA distribution business last month in a $2.6 billion cash deal. (more...)
USA weekly jobless claims lower than expected USA weekly jobless claims lower than expected
- September 21, 2017

Unemployment claims in the United States fell back unexpectedly during the latest week, contrary to some economists' forecasts, even as the Department of Labor reiterated that hurricanes Harvey and Irma had impacted the data. As per the official Harvey and Irma affected claims for Texas and Florida. Employers are adding an average 176,000 jobs a month so far in 2017, down from 187,000 a year ago and 226,000 in 2015. (more...)
Uncapped' Samarawickrama, Roshen Silva named in Lanka Test squad against Pakistan
- September 21, 2017

Middle order batsman Silva could be given the chance to make a late test debut for his country at the age of 28, along with fast bowler Gamage, who is a year older. The first of the two-Test series against Pakistan starts on September 28 in Sheikh Zayed Stadium in Abu Dhabi. The squad will leave for UAE this coming Sunday. (more...)
Bill Gates still doesn't like the Ctrl-Alt-Del function Bill Gates still doesn't like the Ctrl-Alt-Del function
- September 21, 2017

So it's no surprise that Gates had a philosophical answer when pressed at a Bloomberg event today on whether or not he regrets " control-alt-delete ", the infamous two-handed keystroke for logging in to or restarting a Windows PC. As Ars Technica noted at the time , the function was initially a BIOS feature, but Microsoft made it software feature in Windows 3.0's Enhanced Mode. (more...)
Dollar climbs, bonds slide as Fed sees 2017 hike
- September 21, 2017

Benchmark 10-year notes last fell 2/32 in price to yield 2.2375 percent, from 2.23 percent late on Monday. The reaction in the Treasury market "suggests a lot of people maybe weren't anticipating the Fed would stick with the third rate hike expectation this year". (more...)
Anadarko Petroleum Corporation (APC) Stake Lowered by Lazard Asset Management LLC
- September 21, 2017

The stock of Anadarko Petroleum Corporation (NYSE:APC) has "Neutral" rating given on Wednesday, May 4 by Alembic. Price Target plays a critical role when it comes to the analysis of a Stock. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.46%. (more...)
Equifax team accidentally sent some people to a phishing website Equifax team accidentally sent some people to a phishing website
- September 21, 2017

Although Equifax's Twitter account used the proper URL most of the time, the mock page was sent out in tweets from the account at least seven times. Although the misspelled link likely wasn't intentional on Equifax's part, it demonstrates just how easy it is for attackers to trick consumers - even the company's own support team was fooled. (more...)
Fed keeps U.S. rates steady, to unwind portfolio in October Fed keeps U.S. rates steady, to unwind portfolio in October
- September 21, 2017

Moody's Analytics chief economist Mark Zandi said inflation expectations are critical. Yields rise as bond prices fall. Today the Federal Reserve's Federal Open Market Committee will publicly announce whether or not it will raise its benchmark interest rates. (more...)
Matrimony.com debuts on the bourses, slips above 5% Matrimony.com debuts on the bourses, slips above 5%
- September 21, 2017

In terms of trading volume, 5.91 lakh shares of the company were traded on the BSE and over 25 lakh shares changed hands on the NSE during the morning trade. Matrimony.com returned to profitability in fiscal year 2017 after three consecutive years of losses, according to its share sale prospectus. The company is raising funds through this issue for advertising and business promotion activities, to purchase of land for construction of office premises in Chennai, for the repayment of ... (more...)
Revenue Approximations Analysis: Plains GP Holdings, LP (PAGP), CVS Health Corporation (CVS) Revenue Approximations Analysis: Plains GP Holdings, LP (PAGP), CVS Health Corporation (CVS)
- September 21, 2017

The volume of the particular stock is the shares bought and sold in a single trading day. It has underperformed by 41.10% the S&P500. Short interest increased 466,190 over that period. More interesting news about CVS Health Corp (NYSE:CVS) were released by: Fool.com and their article: "CVS Health Hopes Partnerships Will Power Growth" published on August 22, 2017 as well as Seekingalpha.com's news article titled: "CareFirst BCBS re-ups with CVS Caremark" with publication date: September 05, 2017. (more...)
Amazon Reviewing Site After Algorithm Suggests Bomb Supplies Amazon Reviewing Site After Algorithm Suggests Bomb Supplies
- September 21, 2017

On Wednesday, Amazon told Reuters it was "reviewing its website" after the UK's Channel 4 News reported that the e-commerce giant's algorithm suggests that shoppers pair certain items with products that can be used to create homemade explosives . (more...)
Technicals Under Review For Shares of Golden Energy & Resources Ltd
- September 21, 2017

The stock market is still producing plenty of green arrows, and investors need to be able to capitalize. Normal oscillations tend to stay in the range of -100 to +100. 1 analysts on average are expecting the company to report revenue of $94.74 Million for the current quarter. In terms of moving averages, the 200-day is now at 0.47, the 50-day is 0.53, and the 7-day is resting at 0.56. (more...)
Analyst Observation On 2 Stocks: WMIH Corp. (WMIH), RSP Permian, Inc. (RSPP)
- September 21, 2017

We have $35.58 PT which if reached, will make NYSE:RSPP worth $417.60 million more. The Firm operates through two divisions: Test and Sensors. It has a 12.75 P/E ratio. The company has market cap of $912.45 million. Blackrock Advsrs Limited Liability Company has invested 0.03% in RSP Permian Inc (NYSE:RSPP). Bank of America maintained the shares of RSPP in report on Wednesday, July 19 with "Buy" rating. (more...)
Time Warner Inc Institutional Investor Sentiment Worsened in 2017 Q2 Time Warner Inc Institutional Investor Sentiment Worsened in 2017 Q2
- September 21, 2017

It has outperformed by 21.56% the S&P500. Peter Adam Hochfelder decreased its stake in Time Warner Inc ( TWX ) by 3.81% based on its latest 2016Q4 regulatory filing with the SEC. The media conglomerate reported $1.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.19 by $0.14. The expected TWX's profit could reach $1.24B giving the stock 16.18 P/E in the case that $1.59 earnings per share is reported. (more...)
CBL & Associates Properties, Inc. (CBL) Holdings Lifted by LSV Asset Management CBL & Associates Properties, Inc. (CBL) Holdings Lifted by LSV Asset Management
- September 21, 2017

The company had seen its current volume reaching at 2.33 million shares in the last trade. This volume capacity is dissimilar from 3 months average volume. They now have a Dollars 17.5 price target on the stock. Quite often, a stock's ultra-high yield is simply the result of investors worrying about its dividend safety . (more...)
Apple Inc. (NASDAQ:AAPL) Experiences Lighter than Average Trading Volume
- September 21, 2017

Apple Inc. (NASDAQ: AAPL ) has risen 62.48% since September 20, 2016 and is uptrending. It has outperformed by 45.78% the S&P500. Gam Holding Ag increased American Finl Group Inc Ohio (AFG) stake by 13.86% reported in 2016Q4 SEC filing. Longbow Research reissued their buy rating on shares of Apple Inc. (NASDAQ:AAPL) for 185,299 shares. Short shares increased 8,991,918 over that timeframe. (more...)
Tracking Metrics on Shares of Norwegian Cruise Line Holdings Ltd (NCLH) Tracking Metrics on Shares of Norwegian Cruise Line Holdings Ltd (NCLH)
- September 21, 2017

A commonly used tool among technical stock analysts is the moving average. It is important to note that the ATR was not created to determine price direction or to predict future prices. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". The RSI may be useful for spotting abnormal price activity and volatility. (more...)
Comcast Corporation (NASDAQ:CMCSA) Upgraded at Moffett Nathanson
- September 21, 2017

Comcast Corp New now has $177.10 billion valuation. The stock increased 0.51% or $0.19 during the last trading session, reaching $37.3. About 35,360 shares traded. Also, Director Kenneth J. Bacon sold 2,232 shares of the stock in a transaction on Friday, September 15th. Gluskin Sheff & Assoc Inc decreased Intersil Corp. (more...)
Devon Energy Corp (NYSE:DVN) Q2 2017 Institutional Investor Sentiment Steady
- September 21, 2017

The stock declined 5.02% or $1.52 reaching $28.85 on the news. About 69,956 shares traded. The value of the investment in Devon Energy Corporation went from $173,000 to $180,596,000 increasing 104,290.8% since the last quarter. Investors with a record date on early Fri, Dec 15th will be paid a $0.06 dividend. this indicates a $0.24 annual dividend and a payout of of 0.71%. Duncker Streett Co invested in 0.02% or 1,478 shares. (more...)
United Kingdom government borrowing falls on tax gain United Kingdom government borrowing falls on tax gain
- September 21, 2017

The public sector borrowed £5.7bn in the month of August, down £1.3bn from the same period a year ago, the lowest figure for August since 2007. LONDON-U.K. But the deficit is expected to widen again to 2.9 percent of GDP this year when Hammond will have fewer one-off factors to help him than last year. (more...)
Iowa Department of Revenue says no special legislative session required Iowa Department of Revenue says no special legislative session required
- September 21, 2017

Reynolds' budget chief announced Wednesday, a combination of factors led to a lower end of year deficit. The amount of the transfer is well under the legal amount of $50 million that she could transfer from the economic emergency fund without legislative consent. (more...)
Karisma wishes baby sis Kareena on birthday with adorable childhood pic Karisma wishes baby sis Kareena on birthday with adorable childhood pic
- September 21, 2017

She was in Delhi for a product launch and she caught everyone's eyes. While early bird Rhea Kapoor shared her post for Kapoor Khan on the eve of her birthday last night, BFF Amrita Arora Ladak was amongst the first few to wish the actor on social media this morning, with a picture of herself giving Kapoor Khan a big kiss. (more...)
Mistry welcomes NCLAT ruling, demands complete transparency from Tata Group Mistry welcomes NCLAT ruling, demands complete transparency from Tata Group
- September 21, 2017

Following that, both the investment firms had moved the appellate tribunal. The holding company of the Tata group had sought shareholders' approvals for three major resolutions including the one relating to changing its corporate structure from a public limited company to a private limited one, giving preferential shareholders voting rights if Tata Sons failed to pay the dividend for two consecutive years, amending articles of association to adopt governance measures, among other things. (more...)
Global stocks, dollar flat as investors brace for Fed statement
- September 21, 2017

If done incorrectly, it could have a disastrous effect on the stock and bond markets. Technology stocks were down the most. Yellen declined to comment on the likelihood of her getting a second term and said she hasn't met the president in some time. (more...)
First Potomac Realty Trust (FPO) Downgraded by Zacks Investment Research
- September 21, 2017

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. The stock's market capitalization is $599.47 million. A total of 3.13 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 718.06 Million shares, while its relative volume stands at 4.65. (more...)
Reviewing the Insider Trends for EQT Corporation (EQT)
- September 21, 2017

The value of the total investment in EQT Corporation went from $1,448,000 to $1,380,000 a change of 4.7% for the reporting period. As reported by Barry Rosenstein's Jana Partners Llc, the filler owns 5.8% or 10,017,129 shares of the Utilities & Telecommunications-company. (more...)
Featured Stock Overview: Medical Properties Trust Inc. (MPW)
- September 21, 2017

ValuEngine downgraded shares of EPR Properties from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. Vanguard Group Inc. now owns 10,337,034 shares of the real estate investment trust's stock worth $761,115,000 after purchasing an additional 272,916 shares during the period. (more...)
TD Securities Reiterates Buy Rating for Precision Drilling Co. (PD)
- September 21, 2017

Several other equities research analysts also recently weighed in on PD. Analysts on average have given a price target of $4.66 to Precision Drilling Corporation (PDS ) stock. These analysts also forecasted Growth Estimates for the Current Quarter for PDS to be 30.8%. The firm's revenue was up 68.0% on a year-over-year basis. (more...)
Canadian Pacific Railway Limited (CP) Analysts See $3.01 EPS
- September 21, 2017

The Tributary Capital Management Llc holds 1,960 shares with $1.55 million value, down from 4,150 last quarter. The stock decreased 0.37% or $0.2 during the last trading session, reaching $53.45. Also Fool.com published the news titled: "Can Priceline make you a millionaire?" on September 19, 2017. A number of other hedge funds have also bought and sold shares of CP. (more...)