Sunday, 17 February 2019
Latest news
Home » Finance


'Skinny' Senate GOP healthcare bill fails early morning vote


Current Senate rules mandate that 60 senators - three-fifths of the 100-member Senate - must agree in order to end debate and move forward to a vote on a measure or piece of legislation - a process known as invoking cloture. It only repealed parts of the Affordable Care Act , including the requirement that most Americans buy insurance. Two wrongs don't make a right, which all three Republicans who voted against skinny repeal noted. Read More »

Trump Banned Transgenders To Stop Congress From Fighting Over It

Dunford said he was aware that there are questions about Trump's announcement on the transgender policy. And it came from a Vietnam draft dodger who received five deferments for bone spurs in his heels. President Donald Trump's sudden ban of transgenders serving in the military may have been stratagem aimed at removing obstacles from defense spending bills, Politico reported Wednesday. Read More »

Regent Investment Management LLC Has $887000 Position in Exxon Mobil Corporation (XOM)


Exxon Mobil Corporation Com now has $336.14 billion valuation. About 14.89 million shares traded or 34.63% up from the average. Exxon Mobil Corporation shares rose $0.22 (+0.27%) in premarket trading Friday. It also reduced its holding in Live Nation Entertainment In (Prn) by 2.00 million shares in the quarter, leaving it with 7.05 million shares, and cut its stake in At&T Inc (NYSE :T). Read More »

National Chicken Wing Day is TODAY


They're calling it "National Smoked Chicken Wing Day". An estimated 28 billion traditional bone-in chicken wings are expected to be eaten in 2016, according to the National Chicken Council. BJ's Restaurant & Brewhouse: Get half off any order of wings on National Wing Day with any purchase of $9.95 or more. There are also contests being run, which can allow fans of the treat to potentially win wings for a year as well. Read More »

Trump ready to sign Russian Federation sanctions bill, Moscow retaliates

White House press secretary Sarah Huckabee Sanders says in a statement that Trump read early drafts of the bill and "negotiated regarding critical elements of it". And he's blasted as a "witch hunt" investigations into the extent of Russia's interference and whether the Trump campaign colluded with Moscow. Putin angrily responded to the passage of the sanctions by expelling dozens of US diplomats and seizing embassy property elsewhere in Russian Federation. Read More »

Merck & Co., Inc. (MRK) — Trend Analysis Report


It has outperformed by 0.16% the S&P500. Many Hedge funds have lately purchased and unloaded stocks of the shares. Segall Bryant & Hamill Llc acquired 38,279 shares as Equity Commonwealth (EQC)'s stock declined 0.70%. Institutional investors own 73.80% of the company's stock. (NYSE:MRK). Pggm Invests has 4.60 million shares. 75,195 are held by Texan. Ltd. raised its position in Merck & by 992.4% in the fourth quarter. Read More »

Amalgamated Bank Acquires 225 Shares of First Solar, Inc. (FSLR)


Further, President Trump's recent walk out from the landmark Paris deal, apart from boosting coal production has kept the entire solar industry under enormous pressure. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Bradley Alexander R . sold $54,694 worth of stock or 1,706 shares. Hedge funds and other institutional investors own 60.35% of the company's stock. Read More »

Cabot Corporation (CBT) Shares Bought by Geode Capital Management LLC

Tower Research Capital LLC TRC increased its stake in Cabot Corporation by 344.9% in the first quarter. ValuEngine downgraded Cabot Corporation from a "buy" rating to a "hold" rating in a report on Friday. The business also recently declared a quarterly dividend, which will be paid on Thursday, August 24th. Meridian Wealth Management, LLC added to its ownership by buying 10 shares an increase of 0.2% from 03/31/2017 to 06/30/2017. Read More »

Fmr LLC Sells 281100 Shares of Valley National Bancorp (NYSE:VLY)

Bank of New York Mellon Corp now owns 3,416,484 shares of the financial services provider's stock valued at $40,314,000 after buying an additional 247,707 shares during the period. If you are accessing this piece on another site, it was illegally copied and reposted in violation of US & worldwide trademark and copyright legislation. Read More »

Trump to sign Russian Federation sanctions, Moscow retaliates

But vote tallies in the House and Senate - 419-3 and 98-2, respectively - meant that a Trump veto would have likely been overridden. The legislation is aimed at punishing Moscow for interfering in the 2016 presidential election and for its military aggression in Ukraine and Syria, where the Kremlin has backed President Bashar Assad. Read More »

Starbucks Takes Full Ownership of East China Business


Gradient Investments LLC increased its position in Starbucks Corporation by 62.6% in the first quarter. The coffee giant bought the specialty tea retailer in 2012. The comments followed the release by Starbucks of results showing an 8.3% drop to $691.6m in earnings for the quarter ending July 2, despite growth of 8.1% to $5.66bn in revenues, with margins pressured by factors including growing competition in the United States market. Read More »

Merck Earnings Rise On Cancer-Drug Sales


AZ and Merck will also jointly develop and commercialise selumetinib, AZ' oral, potent, selective inhibitor of MEK, which is now being developed for multiple indications including thyroid cancer. The companies will develop and commercialise Lynparza jointly, both as monotherapy and in combination with other potential medicines. In return, Merck will pay AstraZeneca up to $8.5 billion for the partnership, including $1.6 billion upfront, $750 million for certain license options and up ... Read More »

Twitter's monthly active users unchanged in Q2


This new service is supposed to save the paying company effort by not having to set up each new promoted campaign. Twitter's pitch for the service is that it's extremely low friction - there's no need to create any dedicated ads. Aside from losing the flexibility for each post, users who sign up for the new program will forfeit their access to Twitter's current ad program. In comparison, Facebook F added 66 million followers in the same time period. Read More »

Pearson airport ground crew workers on strike


Airport officials advised travelers to check the status of their flights and said they would provide updates as they become available. The members of Teamsters Local 419 include baggage handlers, cargo handlers, cabin cleaners and other ground staff as well as some employees who tow planes. Read More »

United States economy speeds up in second quarter, wages continue to lag


Last quarter's growth rate for USA gross domestic product came in at 1.4%. Consumer spending, the main engine of the economy, led the way with a 2.8% increase, according to Commerce Department data. "Tight labor market conditions should keep disposable income rising steadily and could eventually accelerate wage and income growth". The annual GDP revision, which covered data from 2014 through to the first quarter of 2017, also indicated that the United States economy performed worse than ... Read More »

KCG Holdings Inc. Reduces Stake in O'Reilly Automotive, Inc. (ORLY)


The company has a market cap of $8.14B and its 12 month revenue was nearly $9.48B. The stock rose 4.03% or $9.61 reaching $247.95. About 1.67M shares traded. The stock of Dillard's, Inc. The stock has been downbeat for quite some time as is down -9.53% for the last 20 trading days, and now the firm's performance is turning out to be bullish with a 6.89% gain for the week. Read More »

Tesla Model 3 vs Other Vehicles Top to Bottom Image Comparison


All the sensors needed for Tesla's Autopilot system, which can steer a auto on freeways and change lanes, will be included in each Model 3, although activating the system comes at a one-time cost of $5,000. Tesla's biggest selling point has always been that its a more sustainable, environmentally friendly option for driving around the country than any other motor vehicle. Read More »

Wall Street opens lower as Amazon falls


Health care (+0.5%) topped today's leaderboard as Merck reported better than expected earnings and revenues, and the Senate failed to pass a "skinny" repeal of the Affordable Care Act. The Dow rose 250.24 points, or 1.2 percent. The NYSE Arca Tobacco Index has climbed off the six-month intraday low hit earlier in the session but remains down by 3.5%. Read More »

Cristiano Ronaldo, Benzema and Bale May Leave Madrid-Zidane


But should Madrid be successful in their pursuit of Mbappe, this could trigger a chain of events that could see Bale yet arrive at Old Trafford sooner rather than later. This led Madrid to win the Champions League without Bale on the field. So they can only be playing for a club not two clubs; we can't have them, they belong to the clubs. Read More »

Teck Resources (NYSE:TECK) Receives Daily Media Impact Rating of 0.17


Kingstone Companies Inc (NASDAQ:KINS) has risen 64.08% since July 25, 2016 and is uptrending. It has outperformed by 14.75% the S&P500. WARNING: " Teck Resources Ltd (TSE: TECK .B) Price Target Lowered to C$36.00 at National Bank Financial" was originally reported by Stock Observer and is owned by of Stock Observer. Read More »

Greenleaf Trust Has $399000 Stake in NuVasive, Inc. (NASDAQ:NUVA)


Other large investors have also modified their holdings of the company. Campbell Newman Asset Management Inc. increased its position in NuVasive by 14.1% in the first quarter. The stock saw a move of -3.22% during the latest trading session. Adjusted to exclude 1-time items, earnings per share were 46¢, just ahead of the 44¢ consensus on The Street, where analysts were expecting to see sales of $262 million for the quarter. Read More »

British Airways Owner IAG Posts 45% Jump in Quarterly Earnings


Operating profit before exceptional items for the half year stood at €975 million, compared with €710 million last year, up 37.3 per cent, including the adverse foreign exchange impact for the half year of €44 million. IAG said its passenger unit revenue rose 1.5% in the quarter, its first year-on-year increase in quarterly revenue per passenger mile flown since 2014, with the increase 4% at constant currency. Read More »

BC wildfire evacuees allowed to return to Williams Lake


The Wildfire Service said they are preparing for few busy days ahead as they expect some new fires to occur. Thousands of Williams Lake and area residents can pack their bags and come home. Evacuation orders were issued Wednesday night in an area between Kamloops and Vernon, and the flames spread so quickly that there wasn't time for official paperwork to be completed. Read More »

Rich Coleman named interim caucus leader for BC Liberal Party


Horgan has six months to call a by-election to fill the soon to be vacant seat in the riding of Kelowna-West. "All those things will matter to me and I can assure you, whoever emerges as the leader of our party, from my perspective, will certainly have to recognized the value of responsible resource development, the importance that northern British Columbia has in the economy of this province", Bond said. Read More »

BP plc (BP) Shares Sold by Rockefeller Financial Services Inc


LLC now owns 1,107 shares of the oil and gas exploration company's stock worth $3,856,000 after buying an additional 1,103 shares in the last quarter. If you are viewing this piece on another site, it was copied illegally and republished in violation of USA & worldwide copyright law. The legal version of this news story can be viewed at Read More »

'Skinny' Obamacare Repeal Bill Fails in Senate


House Republicans expressed their frustrations with the Senate's failure to pass the motion to proceed on the upper chamber's watered-down Obamacare repeal bill Friday, but asserted that the party's work on reforming the health care system is far from over. Read More »

Verizon Communications Inc. (NYSE:VZ) Reviewed By Analysts


Kornitzer Capital Management Inc /ks bolstered its ownership by buying 4,685 shares an increase of 0.5% in the quarter. Cowen & Co maintained Verizon Communications Inc. I.G. Investment Management LTD. boosted its stake in shares of Verizon Communications by 65.9% in the fourth quarter. It improved, as 60 investors sold VZ shares while 658 reduced holdings. Read More »

Imperial Oil posts surprise quarterly loss


After a recent check, company stock has been trading near the $29.57 mark. Guggenheim Capital LLC boosted its stake in Imperial Oil by 8.6% in the fourth quarter. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.72%. Imperial Oil Ltd . now has $24.98 billion valuation. The ex-dividend date of this dividend was Wednesday, May 31st. Read More »

Japan Confirms Tariff Increase on US Frozen Beef


This type of tariff is known as a safeguard duty: When tariffs on frozen beef in non-EPA countries (again, those who don't have free-trade agreements with Japan) increase by more than 17 percent over a period of a year, Japan implements a tariff increase of their own. Read More »

Yamana Gold Inc. (AUY)

The company rocked its 52-Week High of $5.98 and touched its 52-Week Low of $2.21. Finally, Mackenzie Financial Corp boosted its position in Yamana Gold by 29.2% in the first quarter. Yamana Gold had a positive return on equity of 0.44% and a negative net margin of 19.31%. The firm's revenue was up.6% on a year-over-year basis. During the same quarter a year ago, the firm posted $0.03 EPS. Read More »

American Air Shares Jump 3% After Profit Beat


American Airlines Group, Inc . has a 50 day moving average of 50.79 and a 200 day moving average of 46.68. This represents an increase of 177% compared to the typical daily volume of 7,077 call options. Rwc Asset Management Llp increased its stake in American Airls Group Inc (AAL) by 25.86% based on its latest 2016Q4 regulatory filing with the SEC. Read More »

Laurene Powell Jobs' company is taking majority ownership of The Atlantic


In a memo to staff, Mr. Bradley, who will continue to run the business, said Emerson would "likely, but not certainly" purchase his remaining minority stake in three to five years. She notes that Ralph Waldo Emerson, a co-founder of The Atlantic inspired the name and mission of her organization. Powell Jobs described the magazine as "one of the country's most important and enduring journalistic institutions", and one which inspires the work at Emerson Collective. Read More »