Thursday, 25 April 2019
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Still Listen to Stock Analysts?: BlackBerry Limited (BB)


Traders said they were heavily focused on technical levels after shareholders fled on Monday when the S&P 500 breached its 200-day moving average. was the biggest drag on the S&P 500, down 5.2 percent, as President Donald Trump continued his twitter attacks on the online retailer. Read More »

Shares of Boeing Co. (BA) are Reduced by Oxbow Advisors LLC


The stock closed the last trade at $330.82. About 1.50M shares traded. Glendon Capital Management Lp decreased its stake in Cf Inds Hldgs Inc (CF) by 15.53% based on its latest 2017Q4 regulatory filing with the SEC. The aircraft producer reported $4.80 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.91 by $1.89. Windsor Capital Management Llc sold 3,620 shares as the company's stock rose 8.82% while stock markets declined. Read More »

Comparing Top Moving Stocks Viacom, Inc. (VIAB), Tuesday Morning Corporation (TUES)


The stock increased 0.75% or $0.55 during the last trading session, reaching $73.64. The stock exchanged hands with a volume of 6.76 million shares compared to its standard daily volume. The company was upgraded on Thursday, February 9 by Drexel Hamilton. The company was upgraded on Monday, December 4 by Deutsche Bank. As per Friday, November 17, the company rating was maintained by Cowen & Co. Read More »

China's Alibaba Group sues Dubai-based company for using name and trademarks


On Monday, Alibaba filed a trademark lawsuit against Alibabacoin Foundation , an unrelated company that seems to have raised $3.5 million through an initial coin offering. This situation contributed to the misunderstanding about their participation in Alibabacoin spread among the media, a confusing scenario that Alibabacoin "has done nothing to combat or correct" situation, according to lawyers. Read More »

Tesla, Inc. (TSLA) Stock Mix Thrust In Focus on Profitability Analysis


Musk said in October 2016 that the company planned to do a Los Angeles-New York trip "without the need for a single touch" of the steering wheel by the end of past year to demonstrate the capabilities of Autopilot . Despite what some experts have been predicting, Tesla says it will not need an equity or debt raise this year other than standard credit lines. Tesla can't seem to run an auto production line, something that the Detroit auto companies that Mr. Read More »

Conviviality to sell Matthew Clark and Bibendum


It added that Conviviality shareholders would receive only a "nominal sum". In addition, Budweiser beer maker AB InBev NV will provide additional financial support to the transaction. It would also enhance access for C&C's cider and super-premium brands across the on- and off-trade in the United Kingdom which include not only Magners and Tennent's but also Menabrea and Heverlee beers and Orchard Pig cider. Read More »

Facebook CEO Zuckerberg to testify before House committee


Facebook is also dealing with criticism over the spread of hoax news stories on its platform, and Russians using it to influence election in the USA and other countries. They are down more than 15% since 16 March, when the scandal broke over Cambridge Analytica . Prior to that, users could delete apps but could only do it one by one. Read More »

India's carrier to buy 75 jets in multi-billion dollar order


This additional order reemphasizes our trust and confidence in Boeing and also reaffirms our commitment to operate extremely modern, reliable and fuel efficient aircraft as part of our fleet. The airline ended a separate deal to purchase 75 other 737 MAX jets from Boeing during 2017. The 737 MAX 7 also recently completed its first flight last month. Read More »

Nokia launches three new smartphones


This time, it is great to see the timely launch of devices by HMD Global . Nokia 8 Sirocco has been priced at Rs 49,999 in India. Offering extensive product portfolio, the Finnish company aims to offer enhanced Nokia experience and craftsmanship with these new products. Read More »

Legalizing Pot Could Help Opioid Crisis


Instead of offsetting the number of deaths and number of people addicted, the studies suggest that legalizing marijuana could drive down the number of opioid prescriptions. They also examined the differences between states that allow for home cultivation of medical marijuana and states which have medical marijuana dispensaries. Read More »

Stocks turn higher, clawing back ground lost on trade fears


The Dow Jones Industrial Average plunged more than 600 points, or more than 2.7 percent, Monday afternoon due to a turbulent mix of trade war fears and President Trump's repeated attacks on Amazon . closed up 1.1 percent, recovering from a 4.6 percent drop after U.S. President Donald Trump criticized the online retailer via Twitter early Thursday, claiming without evidence that the company pays "little to no taxes to state & local governments". Read More »

Ghost Recon Wildlands Set to Receive More DLC


Special Operations 1 will be granting teammate customization , allowing for players to customize team outfits with gear that has been unlocked for their own character. Special Operation One will release on April 10. The Year 2 Pass will be available soon for $29.99. In addition to free content, there will be a paid season pass for Year 2 content updates which will offer a week's worth of early access to new classes for use in Ghost War, 8 new Battle Crates divvied up into Special Ops and ... Read More »

Spotify in successful but unusual market debut


By Hema Parmar and Charles SteinChase Coleman's Tiger Global Management owns almost $2 billion of Spotify Technology SA, making it one of the biggest shareholders of the music-streaming company that started trading Tuesday. However, this method would be very hard for companies that are not popular. According to Reuters , the direct listing was the largest ever. "Spotify is not raising capital, and our shareholders and employees have been free to buy and sell our stock for years", ... Read More »

San Francisco Fed to seek diversity in hunt for new chief


He will replace outgoing president William Dudley starting June 18. Williams is now President and CEO of the Federal Reserve Bank of San Francisco - starting in that role since March 2011, when he took over succeeded former Federal Reserve Chairwoman Janet Yellen's spot. Read More »

Marijuana Legalization Associated With Reduced Opioid Prescribing Trends

A separate study of adults insured by Medicaid, the USA health program for the poor, found medical marijuana laws associated with an nearly 6 percent decline in opioid prescriptions. Both research teams suspected that if this were true, then medical marijuana might ease opioid use in people with chronic pain . Two-thirds of the poll respondents said that the government needs to do more to find out about marijuana's health effects. Read More »

Martin Sorrell rejects 'allegations of financial impropriety' as WPP confirms investigation


The board of WPP today announced the hiring of an independent counsel to probe claims of "personal misconduct" by CEO Martin Sorrell. WPP's investigation began sometime last week and is ongoing, a representative confirmed. Ad spending by WPP's biggest clients, which include Ford, HSBC, Unilever and Procter & Gamble, was below average a year ago and is not forecast to improve. Read More »

Facebook is banning hundreds more accounts run by Russian trolls

The company says it also shuttered 138 IRA-owned Facebook pages, many of which were running ads. Chief Security Officer Alex Stamos said in a news release that 95% of the pages that had been removed were in Russian and targeted Russians or those who speak Russian, particularly in neighboring countries like Ukraine, Azerbaijan, and Uzbekistan. Read More »

CBS reportedly in bid for Viacom


Over the last week of the month, it was 1.36%, -0.84% over the last quarter, and 9.69% for the past six months. The stock has performed -1.64% and it registered share value at $30.55 in recent trade transaction. Therefore 27% are positive. According to Zacks, analysts expect that Viacom will report full year sales of $3.03 billion for the current year, with estimates ranging from $12.41 billion to $13.71 billion. Read More »

NASA Hires Lockheed Martin to Build Quiet Supersonic X-Plane


Lockheed Martin Corp. won a $247.5 million NASA contract to build a quieter supersonic jet, a step toward developing planes that can whisk passengers around the globe much more quickly. After receiving the finished aircraft sometime in 2021, NASA will conduct a series of test flights to ensure the technology is working as intended. Lockheed's Skunk Works had produced a preliminary design for the demonstrator under a previous contract from NASA and was the sole bidder to build the X-plane, ... Read More »

Is Lowe's Companies, Inc. (NYSE:LOW) Growing Their Earnings?

About 3.83 million shares traded. Regent Investment Management Llc decreased Lowes Companies Inc ( LOW ) stake by 12.02% reported in 2017Q4 SEC filing. Rockefeller Finance Svcs has invested 0.04% in Lowe's Companies, Inc . Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Read More »

Telegraph tops list of newspapers' gender pay gaps


The company employs more than 6,000 workers in the UK and operates in three segments - Apple (UK) Ltd, Apple Europe Ltd and Apple Retail UK Ltd. "It is a feature of the aviation industry that more males than females choose to enter the pilot profession". Read More »

Switching Stock: General Electric Company (NYSE:GE)


About 40.58 million shares traded. General Electric (NYSE:GE) last issued its earnings results on Wednesday, January 24th. It has underperformed by 65.90% the S&P500. As per Wednesday, January 24, the company rating was upgraded by Bank of America. The firm has "Buy" rating by Langenberg given on Monday , November 13. Read More »

Half of European flights face delays after computer failure


Eurocontrol coordinates airspace over all 41-member states and expected to process 29,500 flights today. "Approximately half of those could have some delay as a result of the system outage", a Eurocontrol statement said. Several of the EU's biggest airports, including Amsterdam's Schiphol, warned of problems and advised passengers to check on their flights because of the computer breakdown. Read More »