Monday, 18 February 2019
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Dow plunges 666 points amid rate-hike fears after strong jobs report

Equities are being tested by the surge in bond yields, with some fund managers saying 3 percent USA 10-year rates would signal a bond bear market. Canada's main stock index slumped to a four-month low on Friday, with resource and marijuana shares leading broad based declines as higher bond yields pressured global equity markets. Read More »

Amazon's stock is surging following another blockbuster earnings report


The company's revenue has been growing at a scorching pace as shopping has moved online and businesses are shifting their computing operations to the cloud, where Amazon Web Services (AWS) leads the market. The Prime membership service offers free and faster delivery. "Our 2017 projections for Alexa were very optimistic, and we far exceeded them", said Bezos in a statement. Read More »

Comparable Company Analysis: AbbVie Inc. (ABBV), Rockwell Collins Inc. (COL)

About 3.01M shares traded. Agrium Inc. (NYSE:AGU) has risen 5.50% since February 2, 2017 and is uptrending. Gray increased its stake in Abbvie Inc ( ABBV ) by 12.76% based on its latest 2017Q3 regulatory filing with the SEC. Benedict Financial Advsr stated it has 20,185 shares. Country National Bank holds 3,588 shares or 0.01% of its portfolio. Guardian LP accumulated 183,197 shares. Read More »

Bank of America Corporation (BAC)

National Pension Service now owns 7,428,879 shares of the financial services provider's stock worth $180,670,000 after acquiring an additional 711,138 shares during the period. The Minnesota-based Wealth Enhancement Advisory Svcs Lc has invested 0.08% in Bank of America Corporation (NYSE:BAC). The MF Rank of Bank of America Corporation (NYSE:BAC) is 9810. Read More »

(NYSE:AKS) Position Lifted by Shikiar Asset Management Inc


The shares went down by -10.6% in value last month. AK Steel Holding Corporation (NYSE:AKS) has an M-Score of -1.959423. It has outperformed by 28.84% the S&P500. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. It has a 167 P/E ratio. 22 of these were buys and 35 were sells. Read More »

Apple eclipses Samsung in fourth-quarter smartphone shipments


Last year Apple launched three new iPhones, but one was not like the others. However, the company issued a weaker-than-expected sales forecast for the next quarter. "It was a stellar quarter for iPhone", Cook said. Apple's comments about plans for its $163 billion in net cash helped boost shares 3.3 percent to $173.48 in after-the-bell trading. Read More »

Newcastle nab Slimani on loan from Leicester


The report claims that Leicester's owners were offended by the comments and, although it's claimed Brady apologised to Srivaddhanaprabha some time ago, the source suggested this was the reason Leicester refused to consider negotiating with West Ham for Slimani. Read More »

Markets Right Now: After a stumble, stocks end a bit higher


Oil prices headed lower. The yields on 30-year bonds rose to 3% for the first time since May. The S&P 500 is down 50.89 points, or 1.8 per cent. The S&P 500 climbed 0.5% and the Nasdaq Composite added 0.6%. The Dow is up 1,467.49 points, 5.9 per cent. Elsewhere, the Stoxx Europe 600 swung between small gains and losses and was recently down 0.1% following its biggest daily fall of the year. Read More »

Valero Energy's (VLO) "Buy" Rating Reaffirmed at Cowen

Valero Energy Partners had a net margin of 54.43% and a return on equity of 184.08%. It has underperformed by 1.41% the S&P500. The stock tapped a 52-week high of US$20.41 while the mean 12-month price target for the shares is US$19.3. Stockholders of record on Monday, February 5th will be paid a $0.5075 dividend. It dived, as 46 investors sold VLO shares while 310 reduced holdings. Read More »

The New Starbucks Visa Card


The brand is also planning to launch a Starbucks Rewards Visa Prepaid Card later in the year, perhaps in April, which Starbucks said will target customers who don't want or qualify for credit cards, allowing customers to earn stars wherever Visa is accepted. Read More »

Apple pleased by iPhone X sales despite reports of slashed unit production

Apple reported a Dollars 20 billion profit in a record-setting quarter and said sales of its newest iPhone X smartphone were better than expected . Apple (NASDAQ: AAPL ) last released its quarterly earnings data on Thursday, February 1st. Apple sold an estimated 77.3 million iPhones in Q1 2018, which is just over 1 percent less than the 78.3 million iPhones Apple sold during the same quarter a year ago. Read More »

USA notches strong jobs bump in January


USA financial markets are expecting a rate hike in March. "The question is - could three hikes become four?" The Labor Department's figures included its annual benchmark update to the establishment survey, spanning payrolls, hours and earnings over the past five years. Read More »

No Island destinations as WestJet's Swoop airlines begins selling tickets


Flights to Edmonton begin July 25. The return flight from Abbotsford to Edmonton (base fare of $77.98), purchased with a standard seat selection and one checked bag each way costs $151.48 return, including tax. The same deal is listed for a flight from Abbotsford to Edmonton, and other cross-country trips range in price between $30 and $100. He said Swoop will operate as an independent airline with its own reservation system, operator's certificate and airport check-in counters staffed ... Read More »

Ireland hand Six Nations debuts to Aki, Ryan and Stockdale


Williams is the only new cap named in Ireland's starting XV by head coach Adam Griggs. Meanwhile here is Jacques Brunel's first selection as French Head Coach. Their front-row resources are also enormous and just about the only comfort that France can cling to is that Ireland have a poor recent away record , with Italy in 2016 their only championship victory on the road in the past two years. Read More »

(F) fell -0.81 percent in the last trading session

Addison reported 1.52% stake. Eubel Brady & Suttman Asset Management Inc sold 8,030 shares as Republic Services Inc (RSG)'s stock rose 1.04%. While it's Return on Investment (ROI) value is 6%. The stock has "Outperform" rating by Wells Fargo on Thursday, May 11. RBC Capital Markets maintained 3M Company (NYSE:MMM) rating on Thursday, January 25. Read More »

Tax issue pushes Deutsche Bank to third straight annual loss


US tax reforms prompted a non-cash tax charge of €1.4-billion, pushing the bank into a full-year loss. Deutsche Bank's British chief executive may have done much to rebuild bridges between Germany's biggest bank and its politicians, business leaders and general public, but John Cryan has gambled this goodwill in an effort to keep top bankers. Read More »

Dortmund manager, Stoger opens up on Aubameyang's Arsenal move


Dortmund took Michy Batshuayi on loan from Chelsea to replace Aubameyang. Aubameyang's arrival will likely see the departure of French forward Olivier Giroud after six years at Arsenal, with Chelsea the likely destination. Former Arsenal frontman Thierry Henry does not fault Olivier Giroud for his £18m move to London rivals Chelsea . Giroud's final appearance for Arsenal was as a substitute in Tuesday's 3-1 defeat by Swansea. Read More »

Oil Finds Haven Against US Supply Threat in Rosy Goldman View


That translates to at least $75 a barrel for the USA oil benchmark, West Texas Intermediate. The production values presented here are based on EIA's monthly survey of crude oil production, which, for reasons explained in a webinar presented earlier this week, are considered more comprehensive and reliable values of US crude oil production than the preliminary estimates presented in EIA's Weekly Petroleum Status Report . Read More »

Vodafone's revenue falls but demand for data offers hope


Italy was the star performer in this regard, with the addition of 95,000 broadband subscribers pushing fixed service revenues at the opco up 12 percent. Service revenues in particular fell 5.1% in Europe and 7.5% elsewhere. Chief executive Vittorio Colao said Vodafone enjoyed "good commercial momentum" over the quarter as it signed up its 100 millionth 4G customer. Read More »

The '1mph over' debate: Our police chiefs at odds on speeders


Speaking at the Police Federation road policing conference, Anthony Bangham, the head of the National Police Chiefs Council (NPCC) on road policing said that "the law is set at the limit for a reason". 'On average five people are killed on our roads every day. My message to drivers is: "don't assume you have a free pass if you're over the limit". "The police rely in many cases to solve crimes on the good will of the public", he said. Read More »

US Federal Reserve keeps rates unchanged, says inflation will 'move up'


Unemployment in Europe's largest economy unexpectedly dropped by 25,000 in January, taking the overall jobless rate in the country to a fresh record low 5.4%. The statement did not address the likely impact of the Trump administration's tax overhaul on economic growth, and gave no hint of concern about overshooting on inflation. Read More »

Reading the Tea Leaves for Marathon Petroleum Corporation (MPC)


In the last three months, insiders sold 149,854 shares of company stock worth $9,482,177. Chevy Chase Trust Holdings Inc. boosted its stake in Marathon Oil Corporation by 3.2% in the first quarter. Marathon Petroleum is available at price-to-earnings ratio of 21.79x, showing us it is overvalued based on current earnings compared to the oil and gas industry average of 14.8x, and overvalued compared to the U.S. Read More »

Sirius XM Confirms Expectations For Growth In 2018


Additionally, the company's board of directors cleared an additional buyback program worth $2 billion. "However, high operating expenses and escalated debt levels raise concerns". By looking at the Volatility of the company, Week Volatility is at 1.89%, whereas Month Volatility stands at 1.76%. The Average True Range (ATR) is also a measure of volatility is now sitting at 0.15. Read More »

Budget 2018: Crypto cash not legal; but wait, it's not illegal


For the uninitiated, cryptocurrency is a digital currency where encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. The announcement on block chain has met with mostly positive response. The government has even equated cryptocurrencies with " Ponzi schemes ", which offer unusually high returns to early investors. Read More »

The Bull Case for Exxon Mobil Corporation (XOM)


Schlumberger Limited (NYSE:SLB) has declined 3.30% since February 1, 2017 and is downtrending. Horan Securities Inc. now owns 1,511 shares of the oil and gas company's stock valued at $122,000 after acquiring an additional 260 shares during the period. Read More »

Eaton (ETN) Announces Quarterly Earnings Results

The stock of Eaton Corporation plc (NYSE: ETN ) hit a new 52-week high and has $91.81 target or 5.00 % above today's $87.44 share price. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. Therefore 100% are positive. Over the 52-week time span, the stock notched a high price of $86.51 and its minimum price was $69.41. They now have $92.00 price objective on the industrial products company's stock, up from their previous price objective of $82.00. Read More »

Vodafone Group Plc (VOD) Shares Bought by Howland Capital Management LLC

It has underperformed by 16.70% the S&P500. The institutional investor held 9,337 shares of the central company at the end of 2017Q3, valued at $354,000, down from 20,987 at the end of the previous reported quarter. Axa invested in 552,601 shares or 0.09% of the stock. Qs Limited Company has 0% invested in Crocs, Inc. Osterweis reported 14,578 shares stake. The California-based Schwab Charles Management has invested 0.01% in Crocs, Inc. Read More »

National Processing Inc (NYSE:NAP): Institutional Investor Sentiment Down to 0.88

The shares now trade at $1.22 and have been able to report a change of -8.96% over the past one week. It has underperformed by 21.30% the S&P500. The Williams %R oscillates in a range from 0 to -100. Among 6 analysts covering Navios Maritime Acquisition (NYSE:NNA), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Having a look in a broader way analysts from brokerage firms on the street with an extensive view have high price target of Navios Maritime Partners LP ... Read More »