Tuesday, 25 September 2018
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Most Asian shares gain as investors await Fed meeting


While investors do not expect any rate hike as an outcome of the meeting, the central bank will likely announce that it will begin paring its massive portfolio of Treasuries and mortgage-backed securities, with the reductions expected to start this year. Read More »

General Electric Company (GE) EPS Estimated At $0.50

Standpoint Research upgraded it to "Hold" rating and $24 target in Thursday, June 29 report. The rating was maintained by Morgan Stanley with "Equal-Weight" on Monday, July 17. Analysts await General Electric Company (NYSE:GE) to report earnings on October, 20 before the open. Jones Collombin Invest Counsel Incorporated invested in 2% or 186,758 shares. Read More »

Dollar hovers near 8-week high vs yen; Fed meet eyed


It would be highly unusual if he didn't reappoint her: Most presidents keep Fed chairs for an additional term. On Friday the Fed's John Williams, Esther George and Robert Kaplan are scheduled to speak. The benchmark Sensex index rose 0.30% or 95.83 points to 32,368.44. In other words, take all the doomsaying from Wall Street types like Jamie Dimon with a grain of salt. Read More »

Walgreens, Rite Aid revise store purchase deal to $4.38B


A total of 22 Billion shares exchanged at hands and its average trading volume is standing at 5.54 Million shares. Ngam Advisors L.P. now owns 396,995 shares of the pharmacy operator's stock worth $33,057,000 after buying an additional 125,377 shares during the last quarter. Read More »

Facebook User Calls Hobby Lobby Display "Racist"


Daniell Rider of Killeen started the debate when she posted on Hobby Lobby's Facebook page on September 14. In Rider's post, she says, "This decor is WRONG on SO many levels". There are supporters on the post, but there are many more detractors to her complaints over cotton. "There is beauty from ashes", one commenter wrote. Read More »

USA stocks aim for fresh records as Fed meeting steals focus

The Dow Jones Industrial Average rose 0.28 per cent to 22,331.35, the S&P 500 gained 0.15 per cent to 2,503.87 and the Nasdaq Composite added 0.1 per cent to 6,454.64. US Treasuries declined, pushing yields on the 10-year note two basis points higher to 2.22 percent, the highest in more than a month, according to Bloomberg. Read More »

Chambers to step down, ending era at Cisco


In the two years since he replaced John Chambers as Cisco Systems Inc .'s ( CSCO ) CEO, Chuck Robbins has spent billions on software and cloud services acquisitions, overseen a few big internal software and services product launches and revamped Cisco's leadership teams for multi-billion dollar product lines. Read More »

Revenue Growth Analysis of Gilead Sciences Inc. (GILD)

Principal Fincl Inc has invested 0.31% in Gilead Sciences, Inc . Berenberg Bank set a $78.00 price objective on shares of Gilead Sciences and gave the stock a "buy" rating in a report on Tuesday, February 14th. The company was upgraded on Thursday, November 5 by Piper Jaffray. ValuEngine cut shares of Gilead Sciences from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. Read More »

SunTrust Banks, Inc. Raises Equifax, Inc. (EFX) Price Target to $155.00

They issued a "buy" rating and a $166.00 target price for the company. At the end of 06/30/2017 reporting period, 241 institutional holders increased their position in Equifax Inc . Following the completion of the transaction, the insider now directly owns 43,648 shares of the company's stock, valued at approximately $6,359,513.60. Read More »

Bridges Investment Counsel Inc. Raises Holdings in Cisco Systems, Inc. (NASDAQ:CSCO)

Bearing it in mind, the company saw a yearly performance of 3.61% for 2017 and its weekly volatility showed 1.27%. Cisco Sys Inc now has $160.64 billion valuation. Perigon Wealth Management LLC increased its holdings in Cisco Systems by 3.7% in the second quarter. (NASDAQ: CSCO ) by 3.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Read More »

Hillary Clinton mulls challenging legitimacy of 2016 election, cites Russian influence


There is a difference between questioning the legitimacy of an election and contesting it. "I couldn't get the job done, and I'll have to live with that for the rest of my life". "I would hope anyone in America concerned about the integrity of our democracy would feel the same way if we got there". Former Office of Government Ethics Director Walter Shaub has slammed Trump for the retweet and said he reported it to Twitter for violating the social media platform's rules of conduct. Read More »

Aston Martin weighing up F1 engine role


Red Bull has partnered with Renault on F1 engines, but the relationship has been strained because its hybrid unit hasn't lived up to offerings from Ferrari and Mercedes. Aside from the British marque's branding on Red Bull's F1 cars since previous year, RBR's top designer Adrian Newey worked with Gaydon on the latter's Valkyrie hypercar . Read More »

China preparing to crack down on all trading of bitcoin, says WSJ


Over the weekend, major cryptocurrency exchange platforms OKCoin and Huobi said they will halt operations by October 31. According to a report by the Business Standard , a regional publication, the central government of India has discussed the possibility of a state-cryptocurrency that would be issued and backed by the central bank. Read More »

United States stock see S&P and Dow close at record levels

The Bank of Japan is widely expected to maintain its massive asset-buying campaign at a meeting on Thursday. The European Central Bank, meanwhile, is expected to shed more light on plans to exit its extraordinary stimulus next month. Amazon Web Services said it will start charging its customers by the second for use of its popular EC2 virtual slices of servers in its data centres, according to a CNBC report. Read More »

Mattis hints at military options on North Korea but offers no details


But other non-kinetic options could include a show of force in the air or on land in the region or increasing the USA military presence in the area by deploying more ships or troops. US President Donald Trump warned last month that North Korea would face " fire and fury " if it continued to threaten the country and its allies. But with two recently launched North Korean missiles flying over northern Japan, the potential for having to consider a shoot-down without a direct threat remains very ... Read More »

Applied Materials, Inc. (AMAT) Rating Reiterated by KeyCorp


Shareholders of record on Friday, November 24th will be paid a $0.10 dividend. Axa accumulated 147,563 shares. Pinebridge Invests L P invested in 96,504 shares. The rating was maintained by RBC Capital Markets with " Sector Perform " on Friday, May 20. The firm has "Neutral" rating given on Tuesday, August 2 by Northcoast. Read More »

Hurricane Maria bears down on battered Caribbean


Forecasters say that the "potentially catastrophic" hurricane with 160 miles per hour winds will likely travel over the Leeward Islands and the extreme northeast Caribbean through Monday night and Tuesday. Officials said the Federal Emergency Management Agency was ready to bring drinking water and help restore power in Puerto Rico immediately after the storm. Read More »



The members are also likely to keep its key benchmark interest rate steady, as investors see that inflationary pressures are not enough to push the bank for another hike in December. Shortly after the opening bell, the Dow Jones Industrial Average added 42.54 points, or 0.19 percent, to 22,310.88. The kiwi was trading at 72.78 United States cents as at 5pm in Wellington from 72.57 cents at the start of the day and from 73.12 cents late yesterday. Read More »

Scott Walker signs $3B Foxconn deal in Wisconsin


The Republican governor's team brokered the Foxconn deal - which he calls transformational. In exchange for the economic sweeteners, Foxconn has agreed to build a flat-screen factory the size of 11 football fields in the southeast corner of Wisconsin. Read More »

Tesco Outperforms Rest Of 'Big Four' In UK: Kantar Worldpanel


Lidl was the fastest growing supermarket with a sales increase of 19.2%, while Aldi's growth of 15.6% took its market share to 6.9%. At Lidl, which achieved the fastest sales rise of all the retailers, growth was particularly notable among fresh and chilled products such as dairy, as well as in white and rose wines, Kantar said. Read More »

Flight Cancellations Could Cost Ryanair 30 million €


Ryanair stressed it would cancel flights at airports with the busiest schedules so it would be in a position to accommodate the bulk of passengers on alternative flights. "And in terms of the EU261 [passenger] compensation we think it will cost a maximum of €20 million, but that will depend on how numerous alternate flights our customers take up over that period of time". Read More »

Dominica's prime minister rescued in midst of Category 5 Hurricane Maria

The storm was following a path that could take it on Tuesday near numerous islands recently devastated by Hurricane Irma and then head toward a possible direct strike on Puerto Rico on Wednesday. The government opened all the island's shelters. In the French territory of Guadeloupe, authorities announced a "red alert" from Monday with schools, businesses and government offices ordered closed as officials predicted severe flooding in the lower parts of the island and urged people living ... Read More »

TPG adds 72000 subscribers, surpasses $400m profits


Average revenue per user (ARPU) for TPG's NBN customers sits at $66, about $1.20 less than a year ago. TPG is required to utilise the allocated spectrum to provide nationwide street level coverage for 4G within 18 months from the start of the new spectrum rights, the Info-communications Media Development Authority said last December , when awarding the spectrum to the newcomer. Read More »

Pier 1 Imports (PIR)

On the other hand Pier 1 Imports (NYSE: PIR ) has Relative Strength Index (RSI 14) of 73.1 along with Average True Range (ATR 14) of 0.22. It has underperformed by 19.65% the S&P500. About 4.84M shares traded or 320.87% up from the average. Moody's Corp (NYSE:MCO) was reduced too. Analysts have placed a $5.03 price target on Pier 1 Imports, Inc., suggesting a -3.27% decline from recent close. Read More »

Communications Systems Inc (NASDAQ:JCS) Quarterly Sentiment Change Report

Among 22 analysts covering Johnson & Johnson ( NYSE:JNJ ), 10 have Buy rating, 4 Sell and 8 Hold. Among active positions in the latest quarter, 137 holders increased their positions by a total of 40.35 million shares, 138 holders decreased the positions by a total of 38.09 million shares, and 46 holders held their positions. Read More »

Man accused killing wife, blowing up home to cover up crime


WISC, our partners in Madison, originally reported that public records show the home was owned by Steven and Lee Anne Pirus since 2005. Police say the blast also endangered his neighbors. was intentional", authorities said in a statement. Koval said Lee Anne Pirus had been dead "for weeks if not months", prior to last Wednesday's explosion. Read More »

South Korea says it has power to 'paralyze' North

On September 3, North Korea said it tested a hydrogen bomb, leading to sanctions being passed against the country by the United Nations Security Council on Tuesday. The escalating standoff between the United States and its allies and North Korea prompted U.S. Ambassador to the United Nations Nikki Haley to say that if the United States exhausts its diplomatic options to stop North Korea , military force remains an option. Read More »

Equifax was hacked five months earlier than date it disclosed


Bloomberg cited "people familiar with the investigation" who asked not to be named because it is confidential. Those sales took place after the company discovered on July 29 that an unprecedented, massive data breach may have exposed personally identifiable information of some 143 million USA citizens - or almost 60 percent of adults in America. Read More »

Federal Reserve widely expected to hold interest rates steady this week


The double-whammy of Irma and Harvey could shave as much as 0.5 percent off of the U.S.' gross domestic product (GDP) in the third quarter as businesses are disrupted, energy prices rise and hiring weakens. Stocks rallied for a fifth day, sending the benchmark index Monday to a new all-time high near 8,300 points, following a record-breaking Wall Street session amid optimism the United States will pursue a peaceful resolution to North Korea's nuclear threats. Read More »

Silver Spring Networks, Inc. (NYSE:SSNI) Jumps in Trading Today - Up $3.15


As it stands, the deal has already been unanimously approved by both companies' boards of directors, but still requires approval from regulators and Silver Spring's shareholders. Following the completion of the sale, the insider now owns 634,727 shares of the company's stock, valued at approximately $8,232,409.19. Co-Founder Raj Vaswani sold 15,687 shares at a price of $12.82 on Thursday the 17th. Read More »

Attorneys General push for free credit monitoring following breach


That includes such sensitive data such as Social Security numbers, birth dates and other info that is collected when people apply for credit for anything from a home mortgage to a department store card. "Equifax believes identity takeover is unlikely for the United Kingdom consumers who had their data potentially accessed in this incident", the company's United Kingdom branch said in a statement, adding that it was reaching out to the customers concerned. Read More »