Saturday, 26 May 2018
Latest news
Home » Economy

Economy

Cryptocurrency exchange Youbit shuts down after hack attack

perth_map

A Korean cryptocurrency exchange has been forced to shut down, after it was hacked for the second time in less than eight months. Youbit is a smaller player in South Korea's cryptocurrency market , with the world's busiest cryptocurrency exchange Bithumb accounting for about 70 percent of the country's market share. Read More »

Raiders Fuming From First Down Call Affirmed by Index Card

perth_map

Carr wanted the touchdown. With 31 seconds left to play after reaching the Cowboys' 8 yard line, quarterback Derek Carr fumbled out of the back of the end zone for a touchback. Steratore told The Athletic's Vic Tafur after the game the index card confirmed the call for him, but he was able to establish Prescott had the first down when he saw the ball touching the first-down marker. Read More »

Dunkin' Donuts Dark Roast Beer To Debut At Local Brewery

perth_map

In the 1980s, Dunkin' Donuts introduced its famous spokesperson Fred the Baker: The chubby, mustachioed old man was famous for his catchphrase, "Time to make the donuts". The two businesses say they'll mark the launch by donating $11,500 to a local food bank. Dunkin' Donuts has teamed up with one MA brewery to create a Dunkin' Donuts-themed beer. Read More »

Cancelling air ticket to become cheaper as airlines list a flat fee

perth_map

SpiceJet Chairman and Managing Director Ajay Singh said his airline has recorded the highest load factor for the 32nd month-in-a-row. He believes that it is too high. "The airlines shall not levy an additional charge to process the refund", according to the rules stated under the part II of Section-3 in civil aviation requirement (CAR). Read More »

The Crypto Company: SEC Suspends Trading in CRCW Stock

perth_map

In a Tuesday order halting buying and selling of The Crypto Co ., the Securities and Exchange Commission said it was anxious investors aren't getting accurate disclosures or enough information about the company. Its share jump has attracted the attention of market operator OTC Markets Group, which added a skull-and-crossbones icon next to the company's stock symbol earlier this month to urge investors to be extra cautious before buying the shares. Read More »

Michelle Sterling Sells 7840 Shares, Reducing Stake In QUALCOMM Incorporated (QCOM)

Cooke & Bieler Lp who had been investing in Twenty for a number of months, seems to be less bullish one the $64.66B market cap company. QUALCOMM Incorporated ( QCOM ) ended its last session at $65.38 by Surging 0.96%. Greatmark Investment Partners Incorporated invested 2.57% in QUALCOMM Incorporated (NASDAQ: QCOM ). Voya Invest Mngmt Limited Com holds 0.01% or 160,164 shares in its portfolio. Read More »

Vident Investment Advisory LLC Invests $354000 in EOG Resources Inc (EOG)

Eog Res Inc now has $57.58B valuation. The stock has been active on the tape, now trading at $98.55, down from yesterday's close by -1.09%. About 4.17M shares traded or 117.77% up from the average. The energy exploration company reported $0.19 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.12 by $0.07. EOG Resources, Inc. Read More »

Ag applauds USDA withdrawl of 'non-scientific' organic rule

perth_map

The rules, which have been delayed from implementation three separate times since being finalized in January 2017, provide needed clarity on organic animal care, including prohibiting several painful alterations. The rules, titled the Organic Livestock and Poultry Practices rule, are the product of more than a decade of collaboration and coordination among the organic community, including consumers, farmers, veterinarians, environmentalists and animal welfare groups. Read More »

Steel Dynamics, Inc. (STLD) EPS Estimated At $0.55

The stock increased 0.49% or $0.32 during the last trading session, reaching $65.77. It has underperformed by 0.67% the S&P500. Idera Pharmaceuticals, Inc. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Barclays Capital has "Overweight" rating and $27 target. Read More »

Stryker Corporation (SYK) EPS Estimated At $1.95

perth_map

About 329,912 shares traded. Stryker Corporation (NYSE: SYK ) has risen 24.95% since December 18, 2016 and is uptrending. 5 analysts recommended Overweight these shares while 1 recommended Underweight, according to FactSet data. Therefore 63% are positive. After having $1.52 EPS previously, Stryker Corporation's analysts see 28.29% EPS growth. The company has a market capitalization of $57,726.15, a P/E ratio of 24.44, a price-to-earnings-growth ratio of 2.43 and a beta of 0.78. Read More »

Bank of America Corp (BAC) Shares Sold by HighVista Strategies LLC

About 38.98 million shares traded. Zillow Group, Inc. (NASDAQ:Z) has risen 50.16% since December 19, 2016 and is uptrending. Benjamin F Edwards & Company Inc decreased Bank Amer Corp ( BAC ) stake by 29.95% reported in 2017Q2 SEC filing. Vetr downgraded the shares of BAC in report on Tuesday, August 11 to "Buy" rating. Bank of America Corporation (NYSE: BAC ) has shown an EPS growth of 182.40% in the last 5 years and sales growth of -5.10% for the same year while for the next 5 years; ... Read More »

CME Group, CBOE Bitcoin Futures Have Tepid Debuts

perth_map

According to the statistics available the contract was last at $18,805, below the $19,500 reference price set by the exchange for the January contract. Bitcoin's debut on a second major exchange in the U.S. Even though there are over a hundred crypto hedge funds operating right now, in time, it won't be surprising to see more institutional investors and hedge funds turning towards Bitcoin and other cryptocurrencies to diversify their portfolios, balancing their risks against more ... Read More »

Anonymous donor puts $200000 check into Salvation Army kettle

perth_map

As of December 14, it had raised approximately $769,000. The organization helps the local community with everything from food, to disaster assistance and clothing and shelter. There are only five days left in the Red Kettle campaign. According to a photo provided by the Salvation Army, the check was dated December 14 in the amount of $200,000. Read More »

Tesla Semi receives another record order of 125 electric trucks from UPS

perth_map

UPS has placed the largest order so far for Tesla's upcoming electric truck. UPS has a fleet of around 8,500 alternative fuel vehicles already in service around the world, the company says, and has made a commitment to reduce its overall greenhouse gas emissions footprint by 12 percent by 2025, a goal it hopes to meet in part through an ambitious alternative fuel vehicle purchase plan - which could result in a lot of orders for Tesla in future. Read More »

Mining giant to leave coal group over climate change stance

perth_map

The mining giant said a review of 21 industry association memberships found that it had seven material differences in position over climate and energy policies across three associations: the Minerals Council of Australia, the United States Chamber of Commerce and the World Coal Association. Read More »

Foreshadowing Stock-:- Symantec Corporation (NASDAQ:SYMC)

Simon Property Group, Inc. RadiSys Corporation (RSYS) has declined 4.32% since December 19, 2016 and is downtrending. It has underperformed by 20.00% the S&P500. It dropped, as 54 investors sold SYMC shares while 167 reduced holdings. The technology company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.14. Read More »

Analyst Commentary On OpGen, Inc. (OPGN), Wal-Mart Stores, Inc. (WMT)

perth_map

The stock decreased 0.30% or $3.63 during the last trading session, reaching $1186.95. About 2.78 million shares traded. Wal-Mart Stores, Inc. (NYSE: WMT ) continues to be a formidable company. In related news, insider Jacqueline P. Canney sold 1,586 shares of the company's stock in a transaction on Tuesday, September 26th. The shares were sold at an average price of $79.47, for a total transaction of $158,940,000.00. Read More »

Active Volume Stock: Halliburton Company

Halliburton Company (NYSE HAL ) traded up $1.10 during mid-day trading on Monday, hitting $45.71. It has outperformed by 2.33% the S&P500. 9,793 are owned by Burke & Herbert National Bank & Trust & Com. Morgens Waterfall Vintiadis invested in 2.26% or 54,500 shares. 81 funds opened positions while 191 raised stakes. 236.47 million shares or 4.26% more from 226.81 million shares in 2017Q1 were reported. Read More »

Berry Global Group Inc (BERY) CFO Sells 10000 Shares of Stock

Progeny 3 Inc decreased its stake in Tpg Specialty Lending Inc (TSLX) by 41.39% based on its latest 2017Q2 regulatory filing with the SEC. RBC Capital Markets maintained the shares of BERY in report on Monday, July 10 with "Buy" rating. (NYSE:BERY) for 3,789 shares. Dupont Capital Mgmt Corporation holds 172,100 shares. The institutional investor held 446,027 shares of the company at the end of 2017Q2, valued at $9.12 million, down from 761,027 at the end of the previous reported quarter. Read More »

Traders Secrets on EQT Corporation (EQT), Sirius XM Holdings Inc. (SIRI)

At the moment, the 7-day directional indicator for this stock is to Sell. (NASDAQ: SIRI ) hasconsensus analyst target price is $5.84. The company had a trading volume of 32,605,197 shares, compared to its average volume of 21,727,578. The company has a market cap of $26.30B. The disclosure for this sale can be found here. Following the completion of the transaction, the executive vice president now owns 227,430 shares in the company, valued at $1,296,351. Read More »

Earnest Partners LLC Trims Stake in Darden Restaurants, Inc. (NYSE:DRI)

perth_map

About 3.07 million shares traded or 84.87% up from the average . Darden Restaurants, Inc is a full-service restaurant company. It has outperformed by 15.26% the S&P500. (NYSE:DRI) for 243,325 shares. Howe Rusling holds 90 shares. Hartford Investment Management Co. grew its holdings in Darden Restaurants, Inc. (NYSE:DRI) or 5,611 shares. Read More »

Morgan Stanley (NYSE:MS) Receiving Somewhat Positive News Coverage, Analysis Finds

Morgan Stanley, (reader can compare this with other companies that he is interested in). Morgan Stanley ( NYSE MS ) traded up $0.14 during midday trading on Monday, hitting $53.24. RBC Capital Markets maintained it with "Outperform" rating and $35 target in Thursday, January 21 report. The stock of Morgan Stanley (NYSE:MS) has "Buy" rating given on Tuesday, January 19 by Argus Research. Read More »

Blackstone Mortgage Trust (BXMT) Coverage Initiated at Wells Fargo & Company

Botty Investors Llc who had been investing in Blackstone Mtg Tr Reit for a number of months, seems to be less bullish one the $3.47B market cap company. It also reduced its holding in Extended Stay Amer Inc (NYSE:STAY) by 19.82M shares in the quarter, leaving it with 105,716 shares, and cut its stake in Park Hotels Resorts Inc. Read More »

BMW HQ becomes a battery to celebrate milestone

perth_map

BMW said on Monday it had hit its target of selling 100,000 electric cars this year around the world, benefiting from strong demand in western Europe and the United States for models such as the i3 and the 2-series plug-in hybrid Active Tourer. Read More »

S&P 500 Buyback ETF SPDR (SPYB) Money Flow Index Levels in Focus

perth_map

Investors will also be watching the next wave of economic data to get a better sense of how the overall economy is fairing. As earnings reports flow in, investors will be monitoring which companies provide the biggest surprises. The Money Flow Index of S&P 500 Buyback ETF SPDR ( SPYB ) this week has place the shares on the radar as it nears the key 70 or 80 level. When completing stock analysis, investors and traders may opt to review other technical levels. Read More »

Analysts See $1.55 EPS for American Express Company (AXP)

perth_map

It also reduced its holding in Atlas Air Worldwide (Prn) by 25,000 shares in the quarter, leaving it with 1.82M shares, and cut its stake in Qcr Holdings (NASDAQ:QCRH). Goldman Sachs has "Neutral" rating and $67 target. The rating was maintained by Wood on Thursday, April 21 with "Market Perform". The rating was downgraded by Citigroup on Friday, October 20 to "Hold". Read More »

Breaking Down the Chart for Frontier Communications Corporation (FTR)

About 166,582 shares traded. Royal Bank of Canada reiterated a hold rating and issued a $16.00 target price on shares of Frontier Communications in a research note on Sunday, September 17th. Evergreen Cap Mgmt Lc has invested 1.81% in Buckeye Partners, L.P. (NYSE:BPL). Vanguard Group Incorporated Incorporated holds 116.80M shares or 0.01% of its portfolio. Read More »