Tuesday, 19 March 2019
Latest news
Home » Economy


Ousted Uber co-founder ditches shares for $1.4bn bonanza


The shuffling of shares will reportedly drop Uber's value from about $68 billion to $48 billion. An unnamed source told Bloomberg that the "blended valuation" for the ride-hailing giant sits at about $54 billion, a marked decline from its most recent private-market valuation of around $70 billion. Read More »

J Sainsbury (LON:SBRY) Earns Buy Rating from Shore Capital


About 35,207 shares traded or 16.73% up from the average. Ecolab Inc. (NYSE:ECL) has risen 9.41% since January 19, 2017 and is uptrending. It has underperformed by 7.39% the S&P500. The grocery segment manufactures grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, herbs and spices, and meat products, which are sold to retail, wholesale and foodservice businesses. Read More »

A Little Warmer, Lots Of Clouds


Wind chill values feel lower, in the 20s at times. This will be the last night we are freezing cold before a big warm up arrives by this weekend . Friday will be cloudy due to some southerly winds and an upper level disturbance to our south. Read More »

Dallas Area Leaders Pumped To Be An Amazon Headquarters Finalist


According to people briefed on the process who would speak only anonymously because the deliberations were private, the process was conducted by a team of about a dozen people within Amazon, including economists, human-resources managers and executives who oversee real estate. Read More »

Olympic win in view from Korean unity at Pyeongchang Games


In February 1991, Seoul and Pyongyang agreed to set up a joint table tennis squad the creation of the unified table tennis team to compete at that year's World Table Tennis Championships. North Korea relies heavily on imported fuel and oil as its state-dominated economy continues to struggle while the nuclear weapons program demands excessive resources. Read More »

Amazon's short list of potential second headquarters — Business Report

Elsewhere in the South it's still reviewing Nashville, Raleigh, Atlanta and Miami . While neither New Haven nor Hartford is small, their economies are not as large as the Washington D.C. But Amazon also made it very clear that it wanted tax breaks, grants and any other incentives . They did not mention an exact site where the headquarters would be built. Read More »

Breakouts Spread As Dow Leads Stock Indexes


The ride may not be over, either, as analysts suggested the Dow Jones Industrial Average stock index could see more gains in the months ahead as investors and traders fixate on the distant goal of topping 30,000 points. Financials increased 0.9% after earlier declines as gains in insurers helped counter banks that declined after earnings reports. At closing, the index was up 323 points (1.3 percent) to 26,115.65, the largest one-day point gain since November 2016. Read More »

Shutdown looms larger in Senate after House vote


Democrats , who forced Republican leaders to come up with enough votes on their own , were opposed to the bill because they said it left many other issues unresolved. "We're 4 months into the fiscal year and this is our fourth continuing resolution", said House Minority Whip Steny Hoyer (D-Md.). They also noted that Trump rejected a proposed bipartisan deal among a handful of senators that would have resolved the conflict over how to protect hundreds of thousands of young immigrants ... Read More »

Yes Bank Third-Quarter Profit Soars 22%


HCL Tech's Noida office. The bank reported a net interest margin of of 3.5% for the quarter. He further said that this was a strong quarter in terms of deal signings where HCL signed 20 transformational deals across services. The company maintained its forecast for full-year revenue growth in a range of 10.5 percent-12.5 percent in constant currency terms. The lender reported gross non-performing assets at 1.72% as at end December compared with 1.82% in September. Read More »

80 percent of all Bitcoin has already been mined


This is the lowest its been since early December and comes less than a month after its value topped $20,000 on 18 December. " Cryptocurrencies could be capped in the current quarter ahead of G20 meeting in March, where policymakers could discuss tighter regulations", said Shuhei Fujise, chief analyst at Alt Design. Read More »

Dimensional Fund Advisors LP Raises Holdings in Healthcare Realty Trust Inc (HR)

The stock increased 0.38% or $0.2 during the last trading session, reaching $53.28. The average 1-year price target for Brandywine Realty Trust (BDN) - averaging the work of different analysts - reveals a mean PT of $19.1/share. More recent Education Realty Trust, Inc. More important recent Healthcare Realty Trust Incorporated (NYSE:HR) news were published by: Seekingalpha.com which released: "Is This 3.9%-Yielding Healthcare REIT A Buy Right Now?" on January 08, 2018, also Nasdaq.com ... Read More »

Caterpillar Inc. (CAT), GoPro, Inc. (GPRO)


Cal-Maine Foods, Inc. (CALM) has declined 14.94% since January 18, 2017 and is downtrending. Vetr raised Caterpillar from a "strong sell" rating to a "sell" rating and set a $151.72 price target on the stock in a research note on Monday. Pitcairn Co. boosted its position in shares of Caterpillar by 0.4% in the second quarter. According to today's trading volume Caterpillar Inc.is ABOVE its 20-Day Avg. Read More »

GST rates on 29 items including handicrafts revised to zero per cent


Telangana State which saw its revenue growth rate impacted post GST went prepared to represent that the proposal to bring petroleum products under the new tax regime be deferred. "Rates have again been rationalized on few items, which is a step in the right direction". The Council discussed the possibility of retaining only GSTR- 3B or initial sales return, while mandating sellers to upload their invoices. Read More »

Japan, Australia push for defence pact amid tension

Abe and Turnbull confirmed their commitment to realizing a rules-based maritime order amid their wariness about Beijing's expansionary ambitions in the East and South China seas and Indian Ocean. The two countries have been negotiating such an agreement since 2014. Turnbull also attended a special meeting of Japan's National Security Council. Read More »

Rory McIlroy keeps good company and tidy scorecard on return


World No 1 Dustin Johnson, runner-up to Fleetwood on his Abu Dhabi debut previous year, struggled for consistency in his level-par 72, while a host of Ryder Cup hopefuls were in excellent form in near-perfect conditions. "It was very stress free". Playing it the other way round to Gallacher, Ramsay bagged five birdies, including a 4 to finish, and was delighted with his start to the campaign as he bids to improve on finishing 31st in last year's Race to Dubai. Read More »

Eye Catching Stock: United Parcel Service, Inc. (UPS)

Finally, BMO Capital Markets increased their target price on United Parcel Service from $115.00 to $128.00 and gave the stock a "market perform" rating in a research report on Friday, October 27th. Baird. Morgan Stanley initiated the shares of FDX in report on Tuesday, February 23 with "Equal-Weight" rating. Investors sentiment increased to 1.37 in Q3 2017. Read More »

RSI Alert: Alliance Data Systems Corporation (NYSE: ADS)

The stock of Alliance Data Systems Corporation (NYSE: ADS ) earned "Buy" rating by Deutsche Bank on Sunday, August 9. JMP Securities reaffirmed a "buy" rating on shares of Alliance Data Systems Corporation in a research report on Tuesday, October 4th. Read More »

GKN share price: Group dismisses Melrose's 'misleading' bid


Pfizer's attempt to buy AstraZeneca in 2014 and Kraft Heinz's tilt at Unilever past year were both abandoned after successful defence fightbacks from the target companies. Melrose had said that it would provide greater benefits to GKN's shareholders than GKN could ever do. "GKN wholeheartedly agrees with Melrose that GKN is comprised of world-leading businesses that offer upside potential". Read More »

Amazon Cancels Three TV Series


However, the series was produced by FX Productions and Louis C.K., which may be the reason that Amazon cancelled the series in an attempt to cut ties with C.K. All three shows were developed under recently ousted Amazon Studios president Roy Price , who was sacked late previous year following a sexual-harassment investigation. Read More »

Changes in Signals Identified: Dick's Sporting Goods, Inc. (DKS), Xerox Corporation (XRX)

The institutional investor held 305,300 shares of the other specialty stores company at the end of 2017Q3, valued at $8.25M, up from 30,400 at the end of the previous reported quarter. 47 funds opened positions while 102 raised stakes. (NASDAQ:HSTM). California Pub Employees Retirement System owns 0% invested in HealthStream, Inc. Finally, QS Investors LLC increased its holdings in shares of Dicks Sporting Goods by 57,533.3% during the 2nd quarter. Read More »

Dynamic Capital Management Ltd Invests $1140000 in Barrick Gold Corporation (ABX)


Solaris Asset Management Llc increased its stake in Darden Restaurants Inc (DRI) by 169.27% based on its latest 2017Q3 regulatory filing with the SEC. Baird given on Sunday, September 17. According to the Analysts, the Low Earnings estimate for the current quarter is $0.14, while the High earnings estimate is $0.22.Comparatively, EPS for the same quarter past year was $0.24. Read More »

Longer Investments Inc. Has $1.57 Million Holdings in The Coca-Cola Co (KO)


About 7.72 million shares traded or 12.58% up from the average. (NYSE:MTW) has risen 0.72% since January 18, 2017 and is uptrending. It has outperformed by 7.33% the S&P500. Jefferies has "Buy" rating and $10400 target. Investors of record on Friday, January 26th will be paid a dividend of 0.25 per share on Friday, February 9th. Read More »

HUL Q3 net profit jumps 28% to Rs1,326 cr on GST gains


The stellar quarterly performance was led by a double-digit volume growth in home care segment across categories. HUL's food segment contributed Rs 300 crore, up 7.52 per cent, during the period under review as against Rs 279 crore, led by broad based growth by Kissan in ketchups and jams. Read More »

PPL Corporation (PPL), Avis Budget Group, Inc. (CAR)


About 2.31M shares traded. (NASDAQ: CAR ) has declined 14.90% since January 18, 2017 and is downtrending. Par Capital Management Inc sold 140,000 shares as the company's stock declined 33.71% while stock markets rallied. The company presently has a consensus rating of "Buy" and a consensus target price of $37.70. (NASDAQ: CAR ) rating on Tuesday, April 12. The stock of Rio Tinto plc (NYSE:RIO) has "Buy" rating given on Thursday, November 10 by HSBC. Read More »

Revenue Estimates for Investors: Anadarko Petroleum Corporation (APC), Nxt-ID, Inc. (NXTD)


Moreover, Koshinski Asset Management Inc. has 0.25% invested in the company for 55,850 shares. About 793,072 shares traded. Western Asset Premier Bond Fund (WEA) has risen 7.24% since January 17, 2017 and is uptrending. Benjamin F Edwards & Com has invested 0% in USG Corporation (NYSE:USG). Investors sentiment decreased to 1.28 in Q3 2017. EPD has a beta of 0.81 and APC's beta is 1.39. Read More »

Revenue Forecast of Sirius XM Holdings Inc. (SIRI)

Zazove Associates Llc who had been investing in Sirius Xm Radio Inc for a number of months, seems to be bullish on the $25.23B market cap company. ( SIRI ) to grow. CLSA downgraded Mondelez International, Inc. UBS has "Buy" rating and $52 target. The rating was downgraded by Credit Agricole on Thursday, August 6 to "Outperform". Read More »

Malaysia Airlines Flight Makes Emergency Landing in Australia


Passengers on a Malaysian Airlines flight forced to land in Alice Springs due to technical issues have described their fear after the plane began rattling. Another passenger tweeted his congratulations to the pilots and crew for getting the plane down safely after a "brace-for-impact" call. Passengers have been told they will have to stay overnight in Alice Springs. Read More »

Keystone Xl pipeline clears hurdle after TransCanada Corp. secures shipper interest


Pipeline builder TransCanada says it is moving forward with plans for the controversial Keystone XL oil pipeline and hopes to begin construction next year after securing commitments to move 500,000 barrels per day for the next 20 years. "We thank President Donald Trump and his administration for their continued support and appreciate the ongoing efforts of Nebraska Governor Pete Ricketts, the Nebraska legislative and congressional delegation, Omaha Federation of Labor, Nebraska State ... Read More »

Express Scripts Holding (ESRX) Shares Sold by Charter Trust Co

In other news, VP Phyllis S. Anderson sold 643 shares of Express Scripts stock in a transaction dated Wednesday, November 1st. Cl A ( ESRX)'s stock declined 14.09%. Therefore 42% are positive. As per Wednesday, March 15, the company rating was downgraded by Wells Fargo. Piper Jaffray has "Buy" rating and $36.0 target. Read More »