Wednesday, 22 November 2017
Latest news
Home » Economy

Economy

Next Weeks Broker Price Targets For MGM Resorts International (NYSE:MGM)

Mgm Resorts International now has $18.75 billion valuation. For the week, the stock is performing 0.65%. Over the last five days, shares have faced -3.66% losses and now is up 1.87% since hitting its 200-day moving average of $31.15. Moreover, Atlantic Trust Group Ltd Liability Com has 0% invested in MGM Resorts International (NYSE: MGM ) for 17,740 shares. Since May 1, 2017, it had 0 insider buys, and 9 insider sales for $3.33 million activity. Read More »

Western Gas Partners, LP Limite (NYSE:WES) Experiences Heavy Trading Volume

Sanchez Energy Corp (NYSE:SN) has declined 12.08% since October 2, 2016 and is downtrending. It has outperformed by 32.52% the S&P500. Investors sentiment increased to 1.45 in Q2 2017. The Firm is formed to own approximately three types of partnership interests in Western Gas Partners, LP. It has a 24.99 P/E ratio. WES is an master limited partnership (MLP) engaged in the business of gathering, compressing, treating, processing and transporting natural gas, and gathering, stabilizing and ... Read More »

Genworth Financial, Inc. (GNW)

It increased, as 31 investors sold GNW shares while 65 reduced holdings. Wellington Management Group LLP now owns 292,904 shares of the financial services provider's stock worth $1,207,000 after buying an additional 1,002 shares during the period. Read More »

Why Jefferies Downgraded PepsiCo Ahead of Earnings

It has underperformed by 4.50% the S&P500. (MD) by 45.9% based on its latest 2017Q2 regulatory filing with the SEC. Analysts await PepsiCo, Inc . Cim Limited Liability Company accumulated 7,500 shares. The stock has "Buy" rating by Cowen & Co on Thursday, August 10. (NYSE: PEP ) earned "Neutral" rating by Goldman Sachs on Wednesday, June 29. (NYSE: PEP ). Read More »

United States of America adjusts roster for crucial qualifiers

perth_map

Galaxy has had to withdraw injured and Fabian Johnson has been left out. Only two matches remain in CONCACAF World Cup qualifying for the USA: Oct. Johnson was ineffective in last month's qualifier against Costa Rica, a 2-0 home loss that increased pressure on the Americans, and did not play a full match for Borussia Moenchengladbach this season until Saturday. Read More »

Active Volume Stock: Zogenix, Inc. (ZGNX)

perth_map

The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . CorMedix , Inc. (CRMD ) stock moved with shift of 10.64% in the past week. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Stifel Financial Corp purchased a new stake in shares of Zogenix in the 2nd quarter valued at approximately $175,000. Read More »

FDA acts to encourage generic competition for complex drugs

In a blog on the regulator's website, commissioner Scott Gottlieb says: "If consumers are priced out of the drugs they need, that's a public health concern that FDA should address, within the scope of its mandate and authorities". He also announced a draft guidance to aid in determining when it would be appropriate to submit ANDAs for peptides. "Some drugs lack generic competition because they can not be measured through traditional in vivo bioequivalence methods and there's no efficient and ... Read More »

European Union Stepping Up Tax Battles Vs. Amazon And Apple

perth_map

The EU competition enforcer estimated a tax bill of about 400 million euros a year ago, two people familiar with the matter had told Reuters at the time. The U.S. Tax Court in March ruled in favor of Amazon, saying it was legal for the internet giant to channel its European sales through a low-tax Luxembourg subsidiary in 2005 and 2006, rather than America. Read More »

Serena Williams reveals Aussie inspiration behind daughter's name

perth_map

Almost a month after giving birth, Williams revealed on Twitter that her daughter's name was inspired by her mama's momentous Australian Open win while 20 weeks pregnant. 'You are so classy, I only wish I could take your lead. Serena Williams gave a neat shoutout to the Australian Open in naming her newborn child. Read More »

Another Wells Fargo CEO faces an angry Congress

perth_map

Though he's a 30-year veteran of the bank, he hasn't worked in the retail and consumer-lending units facing problems. Sloan told Warren on Tuesday that he didn't think he should have to go as well, though he admitted to making "mistakes". Read More »

Hot Mover of the Day: Bank of America Corporation (NYSE:BAC)

About 128,400 shares traded. Roanoke Asset Management Ny reported 2.66% of its portfolio in Bank of America Corp (NYSE: BAC ). It has outperformed by 41.94% the S&P500. The rating was downgraded by Keefe Bruyette & Woods on Monday, May 16 to "Market Perform". The firm earned "Neutral" rating on Wednesday, October 19 by UBS. Read More »

Quarterly Sales Analysis of Rite Aid Corporation (NYSE:RAD)

perth_map

Rite Aid Corporation (NYSE: RAD ) has declined 55.18% since October 3, 2016 and is downtrending. UBS Asset Management Americas Inc. now owns 2,679,205 shares of the company's stock valued at $11,387,000 after buying an additional 269,545 shares during the last quarter. Read More »

Fiat Chrysler recalls 646394 SUVs for another brake fix

perth_map

The 2014 recall was done to divert water away from the brake booster. The affected vehicles are 2011-2014 Dodge Durango and Jeep Grand Cherokee SUVs. However, some weren't installed correctly the company discovered reviewing warranty data. The move follows a single potentially related accident, according to reports. Read More »

Cliffs Natural Resources Inc. (NYSE:CLF) 52 Week High stands at 12.37

With the additional capacity, Cliffs said, its U.S. Iron Ore business segment's expected pellet sales volume will increase to 20 million long tons in 2018 from an expected 19 million long tons in 2017. CLF's profit will be $103.78 million for 5.11 P/E if the $0.35 EPS becomes a reality. The mining company reported $0.26 EPS for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.08. Read More »

Northern California woman killed in Las Vegas shooting

perth_map

He couldn't find his wife'. "They tried to take cover behind a steel barrier partition he had pushed his wife underneath it", said Al Etcheber, Vinnie's brother. Al Etcheber was eager to share his sister-in-law's photo. Stacee is also survived by her 13-year-old daughter and 10-year-old son. "They have two great kids, involved in sports - football, volleyball, soccer". Read More »

British tennis player banned for one year for positive cocaine test

perth_map

Speaking after the ban, Evans told reporters: "I am determined to return to the sport I love". "Following the announcement made from the ITF today, I want to thank everyone who has supported me throughout this hard period", said Evans in a statement via his agent, according to Press Association . Read More »

Personal Capital Advisors Corp Raises Stake in Walt Disney Company (The) (DIS)

The stock rose 0.14% or $0.14 reaching $100 per share. Brookstone Capital Mngmt holds 0.05% in Walt Disney Co (NYSE:DIS) or 5,171 shares. (NYSE:DIS). Texas Yale Corporation holds 16,787 shares or 0.16% of its portfolio. Estabrook Mgmt has 27,045 shares for 0% of their portfolio. Driehaus Cap Management Ltd Llc has 5,960 shares. Read More »

Team Edison created to ramp up EV development at Ford

perth_map

Asked whether today's internal-combustion-engine engineers could make the leap to designing electric powertrains, Fascetti said that the latter required "a different skill set", but that Ford has "very responsible training programs for both engine and transmission experts so that they can move into those [new] areas". Read More »

Former Equifax CEO defends sale of company stock

perth_map

Rep. Frank Pallone, D-N.J., said that if Equifax wants to stay in business, its entire corporate culture needs to change to one that values security and transparency. "To each and every person affected by this breach, I am deeply sorry that this occurred", Smith said in his prepared remarks. "It was this unpatched vulnerability that allowed hackers to access personal identifying information". Read More »

Walmart Acquires NYC Same-day Delivery Company

perth_map

The so-called "last mile" of the online shopping delivery process tends to be by far the costliest and most cumbersome stage of a package's journey. Parcel provides scheduled and same-day delivery services in NY for online retailers and meal-kit companies. Read More »

Britvic to shut Robinsons site in Norwich with 242 jobs at risk

perth_map

Britvic said all 242 employees that will be affected by the site will receive a package of support, including re-employment opportunities at other sites and outplacement services. Unite said Britvic's announcement has "serious implications" for the future of Colman's. 200 YEARS of history is at risk after the owners of the Queen's favourite mustard announced they are considering closing the iconic company's factory in Norwich. Read More »

Automakers bounce back with strong sales in September

perth_map

Ally Financial Inc acquired 65,000 shares as Ford Motor Co (F)'s stock declined 13.59%. It also demonstrates a stable dividend policy for General Motors Company connected to the long-run, with viable earnings. They expect $1.08 earnings per share, down 37.21% or $0.64 from last year's $1.72 per share. The auto manufacturer reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.13. Read More »

Whole Foods is stealing Walmart, Trader Joe's customers with low prices

perth_map

Foot traffic from new customers at Whole Foods' stores rose 33 percent in the first week after the tie-up with Amazon closed, Bloomberg cited a report by the research firm Thasos Group. New data shows that customers were attracted by the cheaper offerings, and flocked to Whole Foods locations across the country. Organic bananas got a 30-cent price cut. Read More »

This common bank fee has soared 55% over the past decade

perth_map

McBride says fees vary in different cities. Pittsburgh, New York, Washington, D.C., and Cleveland have the highest. Overdraft fees average $33.38, a 1 percent increase from a year ago, Bankrate.com reported. Banks love when you don't use their ATMs. And here's another sign it can be expensive to have a checking account. "When it comes to ATM and overdraft fees, a little advance planning can go a long way", said Bankrate.com chief financial analyst Greg McBride. Read More »

Warren Buffett Says the Republican Tax Plan Contains a 'Terrible Mistake'

perth_map

Three third-generation family members work at the company, Mr. Haslam said. The Haslam family will hold a majority interest with 50.1 percent ownership. Equities researchers at J P Morgan Chase & Co began coverage on shares of Berkshire Hathaway (NASDAQ:BRK-A) in a research note issued on Thursday, September 14th. Read More »