Saturday, 16 February 2019
Latest news
Home » Economy


Financial expert: No need to panic over stock market slump


On Tuesday morning, Japan's Nikkei index plunged 4 per cent while the S&P/ASX 200 in Australia dropped 3 per cent. The Stoxx Europe 600 Index decreased 2.4 percent. According to the findings of a report by London's Longview Economics, the results of which were cited in the Financial Times , if interest rates in the United States rapidly move above 3 percent, the impact will be far-reaching. Read More »

Top global banking official warns of virtual currency risks


The head of the Bank for International Settlements (BIS), Agustín Carstens, said bitcoin had become a combination of "a bubble, a Ponzi scheme and an environmental disaster" that threatened to undermine public trust in central banks. Carstens in a speech at Frankfurt's university. He said authorities should act to protect consumers and ensure that cryptocurrencies could not be used to evade tax, launder money or finance criminal activities. Read More »

Home Secretary declares pardons for jailed women to be complicated


Speaking ahead of a Holyrood debate celebrating a century of women's suffrage in the UK, Ms Sturgeon said: "Celebrating the 100th anniversary of women securing the right to vote is a great occasion". The awesome achievements of these often-unsung heroes will be featured on Amnesty's interactive Suffragette Spirit Map of Britain, which will launch on International Women's day on 8 March. Read More »

Express Scripts Holding (ESRX) Shares Sold by Westpac Banking Corp

The stock increased 0.85% or $0.635 during the last trading session, reaching $75.135. About 3.46 million shares traded. Shares of Express Scripts Holding Company (NASDAQ:ESRX) have seen a movement of -2.61% in the most recent session. Among 9 analysts covering Dycom ( NYSE:DY ), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Dycom had 30 analyst reports since August 27, 2015 according to SRatingsIntel. Read More »

IShares MSCI Taiwan ETF (EWT) Rises 0.27% for Feb 6


When it comes to securing profits in the stock market, investors may be trying to find a ideal system to help attain that goal. Following strategies set forth by others may work, but they may also leave the investor in a quandary. The Williams %R oscillates in a range from 0 to -100. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Read More »

Dow Plunges In Worst Point Decline in History

It closed on Monday (5 February) by 1,175 points in the biggest fall since the financial crisis of 2008 when a $700bn rescue plan for the USA banking industry was rejected by Congress after the collapse of Lehman Brothers. Monday's massive selloff sank the Dow back below 25,000 points, a level it first crossed in January as the market had been surging for months. Stocks are extending their slide on Wall Street, bringing the Dow Jones industrial average down 500 points. Read More »

Peel Hunt Reiterates Buy Rating for Games Workshop Group (GAW)

HRB's SI was 32.15 million shares in February as released by FINRA. The insider Jimenez Frank R sold 3,405 shares worth $718,217. The company reported GBX 28.30 ($0.40) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 24.80 ($0.35) by GBX 3.50 ($0.05). Read More »

Wynn Resorts, Limited (WYNN) Expected to Announce Earnings of $1.77 Per Share


About 527,478 shares traded. (MUS) has declined 3.19% since February 6, 2017 and is downtrending. It has outperformed by 20.93% the S&P500. Several equities research analysts recently weighed in on the stock. Moreover, Credit Agricole S A has 0.02% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Amp Limited holds 25,420 shares or 0.02% of its portfolio. Newman Dignan & Sheerar, Rhode Island-based fund reported 1,500 shares. Read More »

What to Look For in Disney Earnings


The stock increased 1.40% or $1.47 during the last trading session, reaching $106.17. About 17.77 million shares traded or 98.25% up from the average. 237.14 million shares or 1.40% less from 240.50 million shares in 2017Q2 were reported. 3,169 are owned by West Oak. (NYSE:FNF). Jefferies Grp Inc Ltd Llc stated it has 0.01% of its portfolio in Fidelity National Financial, Inc. Read More »

Comprehensive Stock Analysis Of, Inc


The firm offers commercial and industrial loans, including lines of credit, revolving credit facilities, accounts receivable financing, term and equipment loans, small business administration loans, standby letters of credit, and unsecured loans; commercial real estate loans; funds for the construction of single family residences, financing to builders for the construction of pre-sold homes, and loans for multi-family housing, as well as home equity and home improvement loans; land acquisition ... Read More »

Time to Buy Ford Motor Company (F) After Reaching Yearly Low?

On 12/4/2017 Barry L Engle II, Insider, sold 50,443 with an average share price of $43.08 per share and the total transaction amounting to $2,173,084.44. The Return on Equity (ROE) value stands at 13.7%. Macquarie Research initiated the stock with "Outperform" rating in Thursday, December 1 report. We've grown market share. Read More »

Volatile stocks spark record one-day rise in fear index


The notes mirror the inverse performance of the Cboe volatility index, which on Monday soared by the most on record, and will be called on February 21, the bank said in a statement Tuesday . BlackRock, which manages more than $6 trillion, is also the biggest provider of exchange-traded funds and does not offer inverse and leveraged exchange-traded products. Read More »

Dow Briefly Falls More Than 10 Percent From High


As of 3:41 p.m. ET, the Dow is 600 points higher and trading at a new session high. In London, the FTSE 100 fell to its lowest point since late-2016, falling to 7,079.4 soon after opening before recovering this afternoon to 7,219.75 as of 3.31pm GMT. Read More »

US Lawmakers See Value in Blockchain Tech and Cryptocurrencies


The SEC will go after lawyers and firms that try to circumvent those rules, he said, although he did not clarify if the SEC would pursue ICOs that have already happened. "I'm actually really surprised". And many investors have been eager to invest in "initial coin offerings", or ICOs, which have come under increased scrutiny in recent months as their popularity has skyrocketed. Read More »

U.S. stocks mixed in early Tuesday trading


At 4:07 p.m., the Toronto Stock Exchange's S&P/TSX composite index was up 29.12 points , or 0.19 per cent, at 15,363.93. The VelocityShares Daily Inverse VIX Short-Term exchange-traded note ( XIV ), which allows traders to bet against the VIX, lost almost all of its value on Tuesday. Read More »

Gilead Sciences, Inc. (NASDAQ:GILD) To Release Earnings


The stock decreased 1.22% or $0.45 during the last trading session, reaching $36.47. Sensata Technologies Holding N.V. (NYSE:ST) has risen 16.67% since February 6, 2017 and is uptrending. Fosun holds 123,759 shares or 1% of its portfolio. Following the completion of the transaction, the insider now owns 3,070,099 shares in the company, valued at approximately $230,196,023.02. Read More »

Day & Ennis LLC Has $2.42 Million Stake in The Coca-Cola Co (KO)


Clearbridge Llc who had been investing in Mts Sys Corp for a number of months, seems to be bullish on the $906.61 million market cap company. The Coca-Cola Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior Vice President Long Robert Edward has sold 15,000 shares of The Coca-Cola Company (KO) in trading session dated January 25, 2018. Read More »

Markets Right Now: Dow drops 1175, biggest-ever point drop


The financial services provider reported $0.97 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.04 by ($0.07). Blb&B Advisors has 0.53% invested in Wells Fargo & Company (NYSE:WFC) for 62,199 shares. Therefore 47% are positive. Under federal law, credit rating agencies can buy and sell information about consumers without their consent. The rating was maintained by BMO Capital Markets with "Sell" on Wednesday, May 31. Read More »

Steve Wynn resigns as CEO of Wynn Resorts


A Las Vegas judge has reversed an earlier ruling that prevented Japanese gaming entrepreneur Kazuo Okada from making legal claims against some members of Wynn Resorts Ltd's board of directors, reports the Las Vegas Review-Journal newspaper. Read More »

Should Analyst help in decision? - Anadarko Petroleum Corporation (APC)

Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and nineteen have assigned a buy rating to the company. Investors sentiment decreased to 0.98 in 2017 Q3. (NASDAQ:JCOM) has "Mkt Outperform" rating given on Friday, December 18 by JMP Securities. As per Wednesday, August 5, the company rating was maintained by FBR Capital. Read More »

Barclays Reaffirms Buy Rating for General Motors (GM)

About 4.58M shares traded. General Motors Company (NYSE:GM) has risen 7.92% since February 5, 2017 and is uptrending. It has underperformed by 8.78% the S&P500. On Friday, March 31 the stock rating was maintained by Evercore with "In-Line". Ford Motor (F) opened at $10.71 on Friday. UBS maintained the stock with "Buy" rating in Thursday, October 22 report. Read More »

Cooper Tire & Rubber Co (NYSE:CTB) Institutional Investors Quarterly Sentiment

It has underperformed by 1.50% the S&P500. Clear Harbor Asset Management Llc increased its stake in Goodyear Tire & Rubr Co (GT) by 19.96% based on its latest 2017Q3 regulatory filing with the SEC. Comerica Bank now owns 41,616 shares of the company's stock worth $1,596,000 after purchasing an additional 778 shares in the last quarter. The rating was maintained by Jefferies with "Hold" on Thursday, October 27. Read More »

Launch timeline for Falcon Heavy's maiden flight

The rocket departed from Launch Pad 39A at NASA's Kennedy Space Center in Florida, carrying a Tesla auto into orbit. About two minutes later, the two side boosters' engines will cut off, and the boosters will separate from the central one. Read More »

Dow Jones hit by worst fall since financial crisis of 2008


The Dow Jones Industrial Average shed more than 800 points in a period of 10 minutes - in the course of the afternoon, the Dow fell by 4.6%. That was the biggest one-day loss since June 2016. 'The employment report on Friday showed wages are growing at the fastest rate since the recession...Investors are waking up to the fact that we won't have low interest rates forever'. Read More »

ICBC to cap 'pain and suffering' payouts


A week after he lambasted the B.C. Liberals for leaving his government a "dumpster fire" financial mess at its public auto insurer, Attorney General David Eby said he can reverse massive losses without significantly overhauling the system but by tackling "out-of-control legal costs". Read More »

£250m Tesco accounting fraud trial abandoned


A trial of three former executives at British supermarket group Tesco has collapsed after one of the defendants suffered a heart attack close to a verdict being delivered. Nicholas Purnell, QC, representing Rogberg, had asked for the trial to continue while his client was having treatment: "I think he would be utterly devastated to discover that as a outcome of what he has been through, there's a possibility that the trial has to start again". Read More »