Wednesday, 22 November 2017
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Gilead Sciences Inc. (GILD)

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 1.34%, and has a solid year to date (YTD) performance of 1.97% which means that the stock is constantly adding to its value from the previous fiscal year end price. Read More »

United States stocks close lower on tax bill worries

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Senate Republicans on Thursday plan to propose delaying a cut in the corporate tax rate from 25% to 20% until 2019, The Washington Post reported on Thursday, citing four people brief on the planning. Kohl's was down 9.7 percent after the department store operator's quarterly profit missed estimates, while upmarket rival Macy's inched down 0.4 percent after reporting a bigger-than-expected drop in third-quarter comparable sales. Read More »

Mortgage rates here still higher than euro zone average

The cost of fixed-rate mortgages could increase more rapidly than expected if swap rates rise faster than the Bank of England base rate, according to a mortgage broker. Rates stood at 3.41% in the third quarter of this year. The 7/1 ARM loans stand at 3.250% now showing an April of 3.943%. On the topic of stocks, the banks stock gained ground to 77.88 up +0.27. Read More »

Bitcoin surges to new high on reports software 'fork' suspended

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Ver's wager was with Charlie Lee, founder of the fifth-biggest cryptocurrency litecoin, and three others for 1,000 bitcoin. "In at most 6 months I'm sure we'll just drop the "Cash" and call it "Bitcoin"." As bitcoin fell, Bitcoin Cash - a clone of the original that was generated from another split on Aug.1 - surged, trading up as much as 35 percent on the day at around $850, according to industry website Coinmarketcap. Read More »

About 600000 sign up for ObamaCare in first four days

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The government says more than 600,000 people signed up for Affordable Care Act coverage in the first week of open enrollment season, and almost 8 in 10 of those were current customers renewing their coverage. According to the data, around 600,000 have already signed up for healthcare this year. Many analysts have predicted a drop in enrollment due to uncertainty over ObamaCare plans and less outreach educating people when and how to sign up. Read More »

ArcelorMittal profits double to $1.21 billion

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Core profit rose by 1.4 percent in the third quarter to $1.92 billion, above the $1.86 billion average expectation in a Reuters poll of 10 analysts. Integrated Investment Consultants LLC acquired a new stake in shares of ArcelorMittal in the second quarter valued at about $111,000. Read More »

Mattel, Inc. (NASDAQ:MAT) PT Lowered to $14.00

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Bank of Montreal Can's holdings in Mattel were worth $23,448,000 as of its most recent SEC filing. Thrivent Financial For Lutherans now owns 12,640 shares of the company's stock valued at $324,000 after purchasing an additional 690 shares during the last quarter. Read More »

EasyJet has a hired a new chief executive

Lundgren, who previously was deputy CEO of travel and tourism conglomerate TUI , will take the helm of the airline on December 1. EasyJet shares were broadly flat on the announcement. He joins easyJet at a hard time for the travel sector - with Brexit looming large on the horizon. Lundgren will also benefit from a long-term incentive plan, totaling 250% of salary, based on easyJet's three-year performance. Read More »

Analyzing the Financial Health of Twenty-First Century Fox, Inc. (NASDAQ:FOXA)

The stock has "Buy" rating by Pivotal Research on Thursday, August 10. ValuEngine upgraded Twenty-First Century Fox from a hold rating to a buy rating in a research report on Thursday, July 6th. Prudential reported 2.08M shares or 0.09% of all its holdings. Vanguard Group Inc. lifted its position in shares of Twenty-First Century Fox by 0.4% during the second quarter. Read More »

What's Open for Veteran's Day

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The city will resume regular hours Mon., Nov. 13. For a complete list of branch locations and hours, or to conduct an online transaction, visit myBMV.com. Check your local school district's website to see if schools are open or closed. Only Express Mail will be delivered Friday; there will be no regular home delivery. Read More »

The Societe Generale Reaffirmed "Buy" Rating for Royal Dutch Shell Plc (RDSB)

The corporation has a weekly volatility of 1.12% resulting a monthly volatility of 0.89%. Moreover, Bnp Paribas Arbitrage has 0% invested in McDermott International Inc (NYSE:MDR) for 91,504 shares. The company has market cap of 202.65 billion GBP. It operates in three segments: Upstream, Downstream and Corporate. It has a 13.91 P/E ratio. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other ... Read More »

Chicago Mayor Walks Out On Chance The Rapper During City Council Meeting

The new proposed academy would reportedly give authorities the chance to "receive specialized, scenario-based training, get hands-on practice in real-world situations and improve collaboration in emergency response". Ald. Emma Mitts (37th), whose ward is where the academy would be built, said she agrees the city needs to spend more money on schools, but said the facility is needed to ensure police officers are trained properly. Read More »

Wells Fargo & Company (WFC) Position Cut by Montag A & Associates Inc

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Wells Fargo & Company is a bank holding company. The stock decreased 0.48% or $0.26 during the last trading session, reaching $54. About shares traded. Investors of record on Friday, November 4th were issued a $0.38 dividend. Its up 0.12, from 0.76 in 2017Q1. Montag A & Associates Inc. lowered its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 11.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. Read More »

IBM researchers achieve 50 qubit quantum processor prototype

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It also gave researchers access to run experiments on both a five and a 16 qubit quantum computer over the internet for free. Gil says it's the first time any company has built a quantum computer at this scale. While that doesn't sound like much, it's actually a huge leap forward. Because they use qubits, quantum computers can manipulate multiple combinations of states at once, which makes them far more powerful than their nonquantum cousins, at least for performing a range of advanced ... Read More »

Will USDA report be a turning point?

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Area for harvest in the United States is forecast at a record high 89.5 million acres, unchanged from last month. Total exports of soy oilmeal in the first seven months of the fiscal started April is nearly 5 times higher to 5.37 lakh tons compared to 1.07 lakh tons past year. Read More »

Compensation for broadband users

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Today, it announced that the major ISPs have now signed up - BT, Sky, Virgin Media and TalkTalk - which represent 90% of United Kingdom broadband customers. Ofcom said it would continue to monitor the situation and will take further steps if, after one year, things don't seem to be changing. Providers have a while to get to grips with what's expected of them, though. Read More »

Facebook Community Boost will teach social media skills to business owners

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The move shows how intertwined Facebook has become not just in our social lives, but in entrepreneurs' economic survival and growth. Called Community Boost, the program will visit 30 US cities next year and work with local groups to train people in skills such as coding, building websites - and naturally, using Facebook for their business. Read More »

Equifax breach will continue to take financial toll on company, executives warn

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Adjusted for one-time costs, such as hacking- and merger-related expenses, Equifax said it earned $1.53 per share, beating an average of analysts' estimates by 4 cents, according to Thomson Reuters I/B/E/S. The hack, which occurred between mid-May and late July, has led to multiple state and federal investigations, a criminal probe by the U.S. Justice Department and scores of class-action law suits. Read More »

Exoskeletons Get Strapped to Ford Workers

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The vehicle giant has developed a futuristic exoskeleton that aims to combat fatigue and injury caused by performing repetitive movements. According to assembly line worker Paul Collins, "My job entails working over my head, so when I get home my back, neck and shoulders usually hurt". Read More »

Fifth Third Bancorp (FITB) Short Interest Down 16.9% in October

Fifth Third Bancorp has a one year low of $13.84 and a one year high of $27.12. The stock declined 0.18% or $0.05 reaching $28.25 on the news. (NYSE:ABM) for 37,754 shares. Blackrock invested in 47.49M shares or 0.07% of the stock. There has been an observed change of -88.33% in the ownership of the shares in the past six months. Read More »

Oops: Self-Driving Bus Crashes Two Hours After Vegas Launch

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A spokesman for the City of Las Vegas told the BBC that human error caused the crash, with the autonomous shuttle having stopped because it detected the truck. AAA chose Las Vegas for the launch because of the state's progressive regulations on autonomous vehicles, heavy investment in innovation, the high volume of visitors and a sunny, dry climate that's favorable for testing new driving technology. Read More »

Bakkavor to float after all

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But it has now made a decision to go ahead and list its shares due to investor demand - albeit at a lower price. The company said that the offer represents approximately a quarter of the shares of the company, and that it would receive gross proceeds of £100m from the offering. Read More »

Fawcett Society warns of slipping backwards on gender pay gap progress

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Last year, Icelandic women shortened their day by 14 per cent to represent the figure that women there, on average, earn less than men. Global strategic advisor, Rita Trehan, explains:"Equal Pay Day means that effectively, women are working for free for the rest of the year - that's how big the pay gap remains between and women". Read More »

What's The Story Behind JC Penney Company, Inc. (NYSE:JCP)

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Zacks Investment Research cut J.C. Penney from a strong-buy rating to a hold rating in a report on Monday, October 17th. Deutsche Bank AG raised their price target on J. ( JCP ) was a Hold - from a survey of 14 analysts. These holdings make up 72.91% of the company's outstanding shares. The stock was sold at an average price of $9.33, for a total value of $361,593.48. Read More »

Parent of Chinese news app Toutiao buys Musical.ly for reported $800m

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Bytedance beat out rival bidders including Kuaishou, the viral video streaming service, the people said, asking not to be identified discussing a private matter. Toutiao aggregates news and videos from hundreds of media outlets and has become one of the world's largest news services over its five years. The company was valued at $11 billion in June, according to CB Insights, and is now reportedly worth $20 billion. Read More »

Uber loses employment rights case in Britain

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Uber argues its drivers are independent contractors who would lose the "personal flexibility they value" if the suit is successful. Last year, two drivers successfully argued at a tribunal that Uber exerted significant control over them to provide an on-demand taxi service and should grant them workers' rights such as holiday entitlement and rest breaks. Read More »

French industrial production recovers in September

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The visible trade deficit is seen narrowing to GBP 12.8 billion in September from GBP 14.25 billion in August. The UK's industrial output grew at its fastest pace so far this year in September, according to official figures. A widening in the trade deficit in the third quarter, to £9.5 billion from £6.5 billion in the previous three months, means net trade once again dragged on growth during the period. Read More »