Business


United States stocks tumble on North Korea worries United States stocks tumble on North Korea worries
- August 13, 2017

That reset is being triggered by North Korea geopolitical concern and stretched valuations", said Peter Kenny, senior market strategist at Global Markets Advisory Group, New York. "There was some skittishness earlier but then some buyers stepped in", he said. "I think a few investors are capitulating to it". The U.S. equity market is hovering near record levels and volume has been tepid following the onset of summer. (more...)
Mamata Banerjee refuses to follow center's directive on Independence Day celebrations Mamata Banerjee refuses to follow center's directive on Independence Day celebrations
- August 13, 2017

On many occasions, she has locked horns with the central government and the story has been repeated once again after Mamata refused to follow the directives provided by the center regarding Independence Day celebrations at schools on August 15. (more...)
Ensco Plc (ESV) Where Moving Ahead?
- August 13, 2017

State Treasurer State of Michigan's holdings in Ensco Plc were worth $646,000 at the end of the most recent reporting period. Here are a few other firms who have updated their positions. While considering growth estimates of the company, it has next quarter growth estimates of -170% whereas during current quarter it has -157.1% estimations over growth, comparing to the estimations of -123.7% during current year and -91.9% for next year. (more...)
Shares hit by US-North Korea tensions Shares hit by US-North Korea tensions
- August 13, 2017

The Standard & Poor's 500 index rose 4 points, or 0.2 percent, to 2,442 as of 2:43 p.m. The price of the precious metal - which is considered a safe haven during periods of uncertainty - advanced Friday, from 3.90 to USA $1294 United States $at the Exchange of the commodities of NY. (more...)
Stocks drop, led by technology companies Stocks drop, led by technology companies
- August 13, 2017

The Dow Jones Industrial Average fell for a third straight session, shedding 204.69 points, or 0.9%, to 21844.01 Thursday in the index's biggest one-day decline since May 17. Retailers slid after department stores Macy's and Kohl's both said same-store sales continued to decline in the latest quarter. Netflix and red hot chip company Nvidia dropped around 4%. (more...)
Yuvraj, Ashwin, Jadeja not picked for SL limited-overs series Yuvraj, Ashwin, Jadeja not picked for SL limited-overs series
- August 13, 2017

Pacer Shardul Thakur, who displayed tremendous show with the ball for Rising Pune Supergiant, has been rewarded for his performance. However, he led India A to victory in a tri-series which involved hosts South Africa A and Afghanistan A. (more...)
Tech companies lead worst day for stock market since May Tech companies lead worst day for stock market since May
- August 13, 2017

Macy's slumped 10 percent after reporting its 10th straight decline in a key sales measure. In his latest warning to North Korea , U.S. President Donald Trump said on Friday military solutions were "fully in place" and referred to American weapons as being " locked and loaded " should the nuclear-armed nation act "unwisely". (more...)
North Korea Has Markets Nervous But Not Panicked North Korea Has Markets Nervous But Not Panicked
- August 13, 2017

KOREA JITTERS: With President Donald Trump warning North Korea of " fire and fury ", investors have become concerned that the war of words between Washington and Pyongyang could escalate. The European dip followed similar trading in Asia, where equities were back in the red, snuffing out a nascent recovery as tensions over North Korea lingered for a second day. (more...)
USA stocks tumble on North Korea worries USA stocks tumble on North Korea worries
- August 13, 2017

The Dow Jones industrial average closed up 14 points, a gain of 0.07 percent, the Nasdaq composite rose almost 40 points or 0.64 percent and the S&P 500 gained 3 points or 0.13 percent. They outweighed gains in health care stocks and elsewhere. The stock lost $5.41 to $101.57. TripAdvisor shares shed $1.75, or 4.4 percent, to $37.80. (more...)
Global Stocks Selloff Stops at Wall Street; Gold, Yen Tick Up Global Stocks Selloff Stops at Wall Street; Gold, Yen Tick Up
- August 13, 2017

XM is a fully regulated next-generation financial services provider of online trading on currency exchange, commodities, equity indices, precious metals and energies, with services to clients from over 196 countries worldwide.Founded in 2009 by market experts with extensive knowledge of the global forex and capital markets and with the aim to ensure fair and reliable trading conditions for every client, XM has reached international recognition by virtue of its unbeatable execution of orders, ... (more...)
Western New England Bancorp (WNEB) Receives Consensus Recommendation of "Hold" from Analysts
- August 13, 2017

A number of analysts have weighed in on WNEB shares. The value of the company's investment in East West Bancorp, Inc. went from $33,313,000 to $37,404,000 a change of $4,091,000 quarter to quarter. The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Wednesday, August 9th will be paid a dividend of $0.03 per share. (more...)
Dow Tumbles as North Korea Tensions Simmer Dow Tumbles as North Korea Tensions Simmer
- August 13, 2017

Watch maker Fossil Group plunged 25 percent after reporting a weak quarter. Despite the drop, analysts said the market seemed to be a bit skeptical that the North Korea situation would grow into a major crisis, noting that the losses were still not that deep. (more...)
Morgan Stanley Purchases 513433 Shares of Sanchez Energy Corporation (NYSE:SN)
- August 13, 2017

Stratos Wealth Partners LTD.'s holdings in Sanchez Energy Corporation were worth $293,000 at the end of the most recent reporting period. Several other institutional investors also recently modified their holdings of the company. TRADEMARK VIOLATION NOTICE: This report was originally published by Community Financial News and is the sole property of of Community Financial News. (more...)
Tech companies lead broad slide in United States stocks; oil rises
- August 13, 2017

In Toronto, the composite index S&P/TSX has, nevertheless, yielded 40,87 points, to close at 15 033,38 points. Wall Street stocks dropped early Thursday after North Korea announced a plan to send missiles towards Guam, raising the stakes of a nuclear standoff with the United States. (more...)
Park Hotels & Resorts Inc. (PK) Director Stephen I. Sadove Buys 9600 Shares
- August 13, 2017

Comparatively, the peers have a net margin 5.96%, and the sector's average is 11.31%. The stock built a change of -0.23% as of a recent closing trading date. Forward P/E ratio is at 18.96. The Company's divisions include Employer Services and Professional Employer Organization (PEO) Services. Investors sentiment decreased to 0.98 in 2016 Q4. (more...)
North Korea tensions send dollar to eight-week low vs. yen
- August 13, 2017

Stocks around the world fell sharply on Thursday and investors moved into the yen, gold and other safe-haven assets amid more aggressive talk between the United States and North Korea . The Japanese yen hit an eight-week high against the USA dollar, and US -traded Nikkei stock futures dropped 2 percent to their lowest since mid May. (more...)
Fisher Asset Management LLC Increases Position in NeoPhotonics Corporation (NPTN)
- August 13, 2017

Northpointe Capital LLC now owns 1,789,195 shares of the semiconductor company's stock valued at $13,813,000 after buying an additional 212,767 shares in the last quarter. If you are accessing this piece on another domain, it was stolen and republished in violation of U.S. & global trademark and copyright law. The correct version of this piece of content can be read at https://www.thestockobserver.com/2017/08/12/neophotonics-corporation-nysenptn-upgraded-to-sell-by-valuengine.html. (more...)
Global shares mostly lower on rising unease over North Korea Global shares mostly lower on rising unease over North Korea
- August 13, 2017

Besides, persistent buying by local jewellers at domestic spot market stoked the uptrend. The precious metal had gained Rs 670 in last three days. The CBOE Volatility Index, the most widely followed barometer of expected near-term USA stock market volatility, hit its highest mark since November 8, when Mr Trump was elected President of the US. (more...)
Dow Jones witnesses worst drop since May amid geopolitical tensions Dow Jones witnesses worst drop since May amid geopolitical tensions
- August 13, 2017

Lockheed Martin , Raytheon , General Dynamics and Northrop Grumman and the Dow Jones U.S. defense index was up 1.48 percent after hitting a record high. Rising costs for housing, medical care and food helped push the Consumer Price Index (CPI) up 0.1 percent in July, seasonally adjusted, after no change in June and a 0.1 decrease in May, the US Labor Department said. (more...)
Korea tensions whack stocks Korea tensions whack stocks
- August 13, 2017

The Dow Jones industrial average lost 204 points, or 0.9 percent, to 21,844. Nasdaq 100 e-minis were down 17 points, or 0.29 percent, on volume of 36,232 contracts. Global stock markets have sunk further into the red after Donald Trump ratcheted up his fiery rhetoric over North Korea's nuclear threats. The market jitters gave investors an opportunity to pocket some of their recent gains after a string of record highs fueled by strong corporate earnings. (more...)
Markets slide, dollar slumps as North Korea fears spike Markets slide, dollar slumps as North Korea fears spike
- August 13, 2017

Meanwhile, gold demand in India remained sluggish this week as local prices jumped to their highest level in almost three months and a rally in global prices dampened fresh buying elsewhere in Asia. "Traders should closely watch global equities today, with further falls and risk aversion likely pumping more safe-haven flows into precious metals", said Jeffrey Halley, a senior market analyst at OANDA. (more...)
Gold Inches Toward $1300 Ahead Of Inflation Data Gold Inches Toward $1300 Ahead Of Inflation Data
- August 13, 2017

North Korea had responded to Trump's previous promise to unleash "fire and fury" with a threat to land a missile near the U.S. Pacific territory of Guam. The dollar index fell 0.32 percent, with the euro up 0.42 percent to $1.1819. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped by 2.3 basis points to 2.189%. (more...)
War Rhetoric Has Dollar, Bonds And Gold Bid, Stocks lower War Rhetoric Has Dollar, Bonds And Gold Bid, Stocks lower
- August 13, 2017

With the rhetoric rumbling on, Europe's top-rated German bond yield held near six-week lows. Early in the session, the dollar was supported by a report that showed USA job openings surged to a record high in June. In the United Kingdom, the FTSE 100 closed down 0.59%, or 44.67 points, at 7498, broadly in line with negative trends in European markets. The grim mood also spread to eurozone markets, with the French CAC 40 falling 0.9%. (more...)
Wall Street lower on US-North Korea tensions
- August 13, 2017

The rhetoric, which began late Tuesday and continued into Friday, interrupted stocks' march higher and cracked the calm that has enveloped the market for months. It slipped Friday but was up more than 50% for the week. In that environment, these geopolitical headlines will have more impact, more punch. Blue Apron slumped as much as 19.1 percent to a record low after the meal-kit delivery service provider reported a bigger-than-expected loss in its first quarterly report as a public company. (more...)
Renaissance Technologies LLC Has $8.63 Million Stake in Calavo Growers, Inc. (CVGW)
- August 13, 2017

The fund owned 98,256 shares of the company's stock after selling 17,673 shares during the period. Calavo Growers, Inc. (NASDAQ: CVGW ) has risen 17.64% since August 10, 2016 and is uptrending. Blackrock Institutional Na holds 0% of its portfolio in Calavo Growers, Inc. (NASDAQ:CVGW). Wells Fargo & Com Mn invested in 87,062 shares. Friess Associates Limited Com invested 0.23% in Calavo Growers, Inc. (more...)
Tech companies lead broad slide in U.S. stocks; oil rises Tech companies lead broad slide in U.S. stocks; oil rises
- August 13, 2017

Oil prices veered lower as early gains faded. The Nasdaq Composite Index rose 10 points to 6,225, a rise of 0.2%. Eastern time. The Dow Jones industrial average slid 120 points, or 0.5 percent, to 21,928. Nvidia's quarterly revenue in its data center and automotive businesses missed estimates, dragging the chipmaker's shares down by 7.5 percent. The stock fell $1.07 to $5.17. (more...)
Trexquant Investment LP Has $604000 Stake in Henry Schein, Inc. (NASDAQ:HSIC)
- August 13, 2017

About 493,594 shares traded or 22.21% up from the average. Henry Schein has a 52 week low of $146.23 and a 52 week high of $186.99. It has underperformed by 12.65% the S&P500. Therefore 41% are positive. Genuine Parts Company had 22 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Buy" rating by Goldman Sachs on Tuesday, October 11. (more...)
Brunner Investment Trust Plc (BUT) To Go Ex-Dividend on August 17th Brunner Investment Trust Plc (BUT) To Go Ex-Dividend on August 17th
- August 13, 2017

The company has a 50 day moving average price of GBX 3.37 and a 200 day moving average price of GBX 3.25. Shares of Bankers Investment Trust PLC (LON BNKR ) traded up 0.06% during mid-day trading on Friday, reaching GBX 813.00. Aberdeen New Thai Investment Trust PLC is an investment trust. A total of 17 equity analysts have released a research note on ADN. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, ten equity analysts rating the ... (more...)
Trump says 'fire and fury' remark not tough enough Trump says 'fire and fury' remark not tough enough
- August 13, 2017

Japanese media said Tokyo was deploying its Patriot missile defence system. Commenting on the war of words between the United States and North Korea , Russian Foreign Minister Sergei Lavrov said that the risks of a full-fledged war between the U.S. (more...)
Wall Street Starts to Pay Attention to North Korea Tensions
- August 13, 2017

The Korean won fell against the USA dollar. Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman all rose and the Dow Jones U.S. defense index was up 1.6 percent after hitting a record high. and North Korea escalated, and as German consumer goods company Henkel AG & Co. was among the companies whose shares pulled the market toward a second consecutive decline, MarketWatch reports . (more...)

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