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Bank of England hints at interest rate hike in coming months

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Sam Hill, an economist with RBC Capital Markets, said the BoE had been expecting inflation of 2.7pc in August and while no change in rates was likely this week, the inflation reading was a challenge for the central bank. Craig Erlam, senior market analyst at Oanda, said: "It seems policy makers are not willing to wait and see whether the above-target inflation is in fact transitory or if it has become more ingrained but I guess the actions taken past year allow them the opportunity to act ... Read More »

Daimler's electric short-haul city trucks are coming to the US

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The company, a division of Daimler AG, said the move makes the eCanter the first all-electric truck to go into full production worldwide. Battery costs that are now $180-$200/kw-hour could drop to ~$100/kw-hour - "the main lever" to move electric commercial trucks to higher sales volumes, Llistosella says - and Daimler is limiting sales of the eCanter to ~500 vehicles for the first two years of production, in anticipation of the improved batteries. Read More »

Assembly passes delayed state budget

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The budget was supposed to be done by July 1 but GOP infighting over road funding has delayed the process. The state Senate is scheduled to take up the months-overdue state spending plan Friday morning even though its Republican leader is still one vote shy of being able to pass it. Read More »

Equifax, Inc. (NYSE:EFX) Sees Significantly Higher Trading Volume

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Morgan Stanley has "Equal-Weight" rating and $140 target. (NYSE: EFX ) on Thursday, September 7 with "Buy" rating. Stifel Nicolaus has "Buy" rating and $120 target. CEO Richard Smith took to USA Today's op-ed page to apologize to consumers for the company's "most humbling moment in [its] 118 year history", a data breach that compromised sensitive personal information for 143 million US individuals. Read More »

Nissan-Renault Seeks to Boost Annual Vehicle Sales to 14 Million

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The combined global sales of Renault , Nissan Motor and Mitsubishi Motors will reach a total of 14 million units by 2022, according to a midterm business plan unveiled on Friday. As part of the plan, the carmakers aim for 10 billion euros (about $12 billion) in savings by 2022. While uncertainties such as the United Kingdom's exit from the European Union continue to dominate the corporate world, the Renault-Nissan Alliance remains committed to the UK and to its Sunderland auto plant, ... Read More »

Factors to Note Before Buying Precision Drilling Corporation (PDS)

Canaccord Genuity reduced the price objective on stocks of Precision Drilling from C$6.50 to C$4.75 in a study note on early Tue, Jul 11th. PDS has been the subject of several recent research reports. Quarterly Revenue Growth on year-over-year basis stands at 68 percent. A number of other hedge funds have also recently modified their holdings of the stock. Read More »

Encana Corporation (NYSE:ECA) Stock Traded Over Its 50 Day Average

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It also increased its holding in China Biologic Products Inc (NASDAQ:CBPO) by 26,824 shares in the quarter, for a total of 227,339 shares, and has risen its stake in Clorox Co/The (NYSE:CLX). The business had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $773.19 million. However it has a net margin of 19.10%. Read More »

Intel Corp (INTC) Holding Boosted by Gareth Morgan Investments Limited Partnership

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It closed at $2.01 lastly. It is down 24.03% since September 14, 2016 and is uptrending. It has outperformed by 22.53% the S&P500. ( INTC ) stake by 8.93% reported in 2016Q4 SEC filing. The firm has "Positive" rating by Susquehanna given on Tuesday, September 20. Qv Incorporated holds 2.81% of its portfolio in Intel Corporation (NASDAQ:INTC) for 692,238 shares. Read More »

Stock Radar: Viewing Levels For SPDR S&P Insurance ETF (KIE)

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The Aroon Up and Aroon Down lines oscillate between 0 and 100. Of course, this will result is many false signals in flat or choppy markets. The Williams Percent Range or Williams %R is another technical indicator worth taking a look at. The RSI value will always move between 0 and 100. Aroon Up for a given time period is calculated by determining how much time (on a percentage basis) elapsed between the start of the time period and the point at which the highest closing price during that ... Read More »

National Football League ratings take a hit from Hurricane Irma coverage

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And that rise moved FOX up from last week's second place to being dead even this week with NBC for the top demo spot of the night with both nets snagging a 1.3/5 rating. Fox delivered a 12.6 rating and 22.6 million viewers. As Raw's ratings have spiralled in recent years as is, MNF raids even more eyeballs as casual viewers are more invested in games with actual stakes on the line. Read More »

Markets Right Now: Stocks manage small gains on Wall Street

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Chemicals company DowDuPont jumped 2.5 percent after it made changes to its breakup plans. In corporate news, Apple was 0.75% softer after the unveiling of the tech giant's latest phone, the iPhone X on Tuesday prompted a mixed reaction and the company said it won't be delivered until November. Read More »

Applied Genetic Technologies Corporation (AGTC) Price Target Cut to $18.00

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We should also note their 52-Week High and Low: the shares now trade -65.44% away from their high and -5.06% from the low. Applied Genetic Technologies Corp (NASDAQ:AGTC) has declined 65.28% since September 13, 2016 and is downtrending. National Bank & Trust Of America De holds 0% or 50,993 shares. The investment professionals in our partner's database reported: 10.00 million shares, down from 10.17 million shares in 2016Q3. Read More »

Apple says Face ID didn't actually fail during its iPhone X event

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Titled " iPhone X is so expensive in India that you can go to Hong Kong, buy it, come back and save money", the report explains how one can actually fly to Hong Kong, spend some cash, buy the new flagship device, catch a flight back to India and still end up saving money in comparison to buying the phone in the domestic market. Read More »

Brookfield Infrastructure Partners LP (NYSE:BIP) Under Analyst Spotlight

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The firm has "Buy" rating given on Tuesday, July 19 by Janney Capital. The company also announced a dividend to be paid on Friday September 29th, 2017. Looking out over the past year, company shares have been recorded -13.76% off the 52 week high and 47.55% away from the low over the same period. The financial services provider reported $0.31 earnings per share for the quarter. Read More »

Hurricane Harvey Washes Up Fanged Sea Creature on Texas Beach

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Preeti Desai , social media manager at the National Audubon Society , posted pictures of the critter earlier this month on Twitter , asking, "What the heck is this??" She wrote in a post September 8 on Audubon's website that in the wake of Hurricane Harvey , she traveled to Houston to help document "the effects of the hurricane on birds and their habitats". Read More »

Technical Update on Noble Corporation PLC (NE) Shares

Readings below 20 are considered oversold while readings above 80 are considered overbought. If the RSI is closer to 100, this may indicate a period of stronger momentum. iShares MSCI Emerging Markets Indx comprises about 1.6% of Comerica Securities Inc.'s portfolio, making the stock its 6th largest position. Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Read More »

Which Insider sold 2970 Shares Of General Electric Company (GE)?

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About 3,028 shares traded. Equifax Inc. (NYSE:EFX) has risen 11.28% since September 14, 2016 and is uptrending. It has outperformed by 39.95% the S&P500. Since May 15, 2017, it had 3 buys, and 0 selling transactions for $3.37 million activity. The insider Olsavsky Brian T sold $2.24M. Finally, Truepoint Inc. Read More »

Traders Secrets on Costco Wholesale Corporation (COST), KEMET Corporation (KEM)

The stock increased 1.84% or $2.95 during the last trading session, reaching $162.99. In associated news, Director John W. Meisenbach unloaded 1,000 stocks of the firms shares in a trade that took place on Tue, Aug 1st. Therefore 67% are positive. Signature Bank had 40 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with "Overweight" on Monday, October 5. Read More »

Georgia communities clean up day after Irma sweeps through

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Georgia Power brought their outage numbers down from 11,203 to 241 on Wednesday. Georgia Power's CEO said it may take some time before electricity is back to customers. Georgia Power Mobile App - Download the Georgia Power mobile app for Apple and Android devices to access storm and outage information on the go. Read More »

Sec. of Education Betsy Devos visits Lincoln

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In May, DeVos visited the high-performing private Providence Cristo Rey High School in Indianapolis while she was in town for the annual conference for the American Federation for Children, a school choice advocacy group. Hope Academy is a charter school for students in grades 9-12 recovering from drug and alcohol addiction. "And it's really up to states and it's really up to communities to make a decision on what that looks like and how that happens", she said. Read More »

Buyers beware: Storm-damaged vehicles headed for used auto market

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A flood-damaged vehicle is probably going to be an unreliable vehicle. Carfax shared the frustration of one consumer who purchased a vehicle unaware of its flooded past. Maybe the interior can be cleaned and the mechanical systems repaired, but Popular Mechanics says the complex and intricate electrical systems in today's vehicles are probably beyond fix if they were submerged. Read More »

Alphabet Is Said to Consider Lyft Investment of About $1 Billion

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However, should Alphabet proceed, it could result in Google investing somewhere around $1 billion in Lyft, something that itself was recently tipped as eyeing a possible expansion of its services into Canada. Google's funding of Lyft is notable however, because its self-driving vehicle division Waymo is now locked in a bitter legal dispute with Uber . Alphabet isn't the only one showing interest. Read More »

Google hit with class action lawsuit over gender pay

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The three women, who no longer work at Google, allege in the lawsuit that they were paid less than male co-workers for doing similar work and were placed on lower job ladders, leading them to miss out on opportunities for promotions, bigger bonuses and raises. Read More »

AbbVie Inc. (NYSE:ABBV) Hits 'Overbought' As Indicated by Its RSI(14)

Currently, 4.12 billion total shares are owned by the public and among those 642.17 million shares have been available to trade. Schumacher Laura J sold $5.59M worth of AbbVie Inc (NYSE: ABBV ) on Wednesday, June 14. owns 23,161 shares or 0.03% of their USA portfolio. Moreover, Mutual Ins Federation Of Agricultural Cooperatives has 0.03% invested in AbbVie Inc (NYSE: ABBV ). Read More »

Australia Jobless Rate Holds Steady At 5

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The level of job creation was more than three times higher than what was expected by most economists, pushing the Australian dollar back above 80 USA cents upon its 11:30am (AEST) release. According to ABS's chief economist, Bruce Hockman, an increase in full-time jobs had been the strongest proponent behind overall employment growth over the previous year. Read More »

The US Government Is Getting Rid Of Moscow-Based Kaspersky Products

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Kaspersky Lab reportedly has around 400 million customers worldwide, many of whom are based in the U.S., Kaspersky Lab also has a well-established business analyzing and investigating cyberthreats. "When they say we have strong ties with Russian espionage it's not true", he told me via a video call from Argentina. The decision to force the removal of Kaspersky anti-virus and security software was revealed by acting Homeland Security Secretary Elaine Duke. Read More »

Dollar Whipsaws After US August Inflation Reopens Fed Debate

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Further increases are likely in September after Harvey forced temporary closures of some refineries on the Gulf Coast. The dollar index, which tracks the greenback against six major currencies, was down 0.42 percent at 92.136. economist at UniCredit . European stocks edged up to a five-week high on Thursday, boosted by energy stocks and retailers, while stronger than expected US inflation data also helped lift sectors with high dollar exposure. Read More »

Strs Ohio Has $417000 Holdings in Integrated Device Technology, Inc. (IDTI)

Integrated Device Technology (NASDAQ: IDTI ) declined 0.52% through out intraday market trading on early Tue, topping $24.80. It has underperformed by 16.70% the S&P500. The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E ratio . Read More »

SunCoke Energy, Inc. (NYSE:SXC) Under Analyst Spotlight

Another trade for 4,500 shares valued at $1.16 million was sold by ROGERSON GARRY W. 4,904 Coherent, Inc. Another trade for 14,000 shares valued at $3.42 million was sold by VIJ SANDEEP. SunCoke Energy, Inc. (SXC)'s RSI (Relative Strength Index) is 36.31. Capstone Asset Mgmt invested in 0.01% or 19,989 shares. Out of 4 Wall Street analysts rating SunCoke Energy Partners, 2 give it "Buy", 2 "Sell" rating , while 0 recommend "Hold". Read More »

United Continental Holdings, Inc

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The hedge fund held 40,730 shares of the consumer non-durables company at the end of 2016Q4, valued at $3.27M, up from 36,830 at the end of the previous reported quarter. Meanwhile, due to a recent pullback which led to a fall of nearly -7.57% in the past one month, the stock price is now with underperforming -15.4% so far on the year - still in weak zone. Read More »

Andra AP fonden Acquires New Position in SS&C Technologies Holdings, Inc. (SSNC)

Bank of America Corp (NYSE:BAC) has risen 58.64% since September 14, 2016 and is uptrending. It has underperformed by 29.80% the S&P500. Assetmark Inc holds 0% of its portfolio in Echostar Corporation (NASDAQ:SATS) for 12 shares. Highstreet Asset Incorporated, Ontario - Canada-based fund reported 48,940 shares. Janus Capital Management LLC expanded its investment by buying 172,885 shares an increase of 0.8% from 12/31/2016 to 03/31/2017. Read More »