Thursday, 23 March 2017
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Smart Money Buying the Price Weakness of FedEx Corporation (FDX)


Zacks Investment Research downgraded shares of FedEx from a "buy" rating to a "hold" rating in a report on Thursday, December 15th. They issued an "outperform" rating and a $220.00 price target on the stock. FedEx's payout ratio is 23.46%. In related news, EVP Robert B. Carter sold 34,580 shares of the stock in a transaction that occurred on Wednesday, January 25th. Read More »

Most Recent Stock Report: Rite Aid Corporation (NYSE:RAD)

After a recent spot-check, the stock has touched $4.67 which represents a change from the open of -3.91%. The co stands at price to sale ratio of 0.16 that signifies the value placed on each dollar of a firm's sales or incomes; it is most relevant ratio to compare companies in similar sector. Read More »

Expedia Appoints Chelsea Clinton To Board


Senator Hillary Clinton - will be "compensated in accordance with the company's standard compensation policies and practices for the board". Barry Diller , the chairman of Expedia, was a major donor and fundraiser for Hillary Clinton's presidential run and other Democratic Party candidates . Read More »

G20 finance ministers fail to reach an agreement to uphold free trade


While Mnuchin concentrated on making good first impressions with his G20 counterparts, US negotiators behind the scenes insisted that they could no longer accept previous language vowing "to resist all forms of protectionism ". Asian markets were mixed Monday after global finance ministers dropped a pledge to oppose trade protectionism from a weekend statement in the face of resistance from the Trump administration. Read More »

Sensex down 129 points in early trade on profit booking


Indian shares look set to open lower on Monday after Prime Minister Narendra Modi and BJP chief Amit Shah chose saffron hardliner Yogi Adityanath to be the chief minister of UP, overshadowing the development agenda and bringing Hindutva to the fore ahead of the 2019 Lok Sabha polls. Read More »

China's corporate debt levels are excessively high: central bank


Currency markets are sensitive and hard to forecast this year, he said. Corporate debt has soared to 169 per cent of gross domestic product (GDP), according to figures from the Bank for International Settlements. But it started to wilt again in recent sessions on growing expectations that the United States central bank will raise interest rates as soon as next week, buoying the U.S. Read More »

United Continental Holdings, Inc. (UAL): What's the Story?


Over the 52-week time span, the stock notched a high price of $76.8 and its minimum price was $37.41. Imperial Capital began coverage on shares of United Continental Holdings in a research note on Tuesday, August 23rd. In other United Continental Holdings news, CFO Andrew C. Levy acquired 10,000 shares of United Continental Holdings stock in a transaction dated Tuesday, February 28th. Read More »

FBI's Comey offers first public confirmation of Trump-Russia inquiry


Rep. Adam Schiff, the most high-ranking Democratic official on the House Intelligence Committee, reportedly expected Comey to agree with him that Trump's claims were "patently false". "It is very, very important that whoever released that go to jail, because you can not have members of the intelligence community listening to the most private and highly classified information and then releasing that to The New York Times ", Paul said. Read More »

Amazon CEO Bezos Is Biggest Gainer, Cracks Top 3 — Forbes' Billionaires List


Southeast Asia was home to the most billionaires at 720, Forbes said. "Booming stock markets, higher commodities prices and plain old-fashioned entrepreneurship helped make this a record year in terms of wealth creation around the globe", said Luisa Kroll and Kerry Dolan, Assistant Managing Editors of Wealth at Forbes Media, said in a press release announcing the list. Read More »

Albertsons held preliminary merger talks with Sprouts

The Stock now has a Weekly Volatility of 7.08% and Monthly Volatility of 3.88%. The volume of the company in the last trading session was 14.17 Million. A purchase of Sprouts by Albertsons would give it a major presence in the lucrative natural and organic space and allow the company to reduce costs and boost profitability - potentially leading to lower prices for shoppers. Read More »

Smart Money Buying the Price Weakness of Duke Energy Corporation (DUK)

With the volume soaring to 4,352,257 shares, the last trade was called at $81.62. Finally, GAM Holding AG raised its position in shares of Duke Energy Corp by 0.5% in the third quarter. Stockholders of record on Friday, February 17th will be given a $0.855 dividend. This represents a $3.42 annualized dividend and a dividend yield of 4.17%. Read More »

United Kingdom to start Brexit negotiation process on March 29

The move paves the way for two years of negotiations with the European Union , meaning that the country will leave the bloc in March 2019. The real King of Connemara, Richard King on how to charm a foreign fish market with visions of the wild Atlantic ocean and Aran sweaters . Read More »

Take a look at Price Move: MGM Resorts International (NYSE:MGM)

The RSI oscillates between zero and 100. A number of important factors could cause actual results to differ materially from those indicated in such forward-looking statements, including effects of economic and market conditions, competition with other destination travel locations throughout the world, the design, timing and costs of expansion projects, and risks relating to worldwide operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new ... Read More »

Chuck Berry will release new album in 2017


Announcing Chuck last year, Berry dedicated the record to his wife of 58 years Themetta. "Inside the home, first responders observed an unresponsive man and immediately administered lifesaving techniques", read the report. The police added in their statement that the family had asked for privacy during their time of bereavement. Announcing the song they were about to play was unrehearsed, the solo band ripped into a cover of the classic "Johnny B. Read More »

Fake Samsung Galaxy S8 made in China costs only $100


We have been treated to a large number of leaks and video renders of the phone nearly every single day in the recent past. "Samsung Galaxy S8 and S8 Plus (top to bottom) in black sky, orchid grey and arctic silver (left to right)", Evan Blass wrote on Twitter. Read More »

Best stocks of the day: Bristol-Myers Squibb Company (BMY)


The weekly volatility is at 1.35% while the monthly volatility rests at 2.03%. Analysts' mean recommendation for Bristol-Myers Squibb Company (BMY) stands at 2.40. Investors of record on Friday, April 7th will be paid a dividend of $0.39 per share. The stock went up 2.12% at some stage in past quarter. 08/08/2016 - Bristol-Myers Squibb Company had its "buy" rating reiterated by analysts at William Blair. Read More »

Legendary South African actor Joe Mafela dies aged 75


Police told journalists in Johannesburg that Mafela died in a auto accident late Saturday evening along the M1 North highway in Johannesburg. Fans and friends alike paid tribute to the South African entertainment legend on social media. Mafela was also a musician, and in 1996 released his hit track Shebeleza , which further etched his name in the hearts of South Africans. While beloved as a South African comedy actor, Mafela proved he could tackle more serious issues, most notably in the ... Read More »

Gas prices drip in First State


Today's national average is one cent less than one week ago and two cents more than one month ago. Crude oil prices fell to a 2017 low of $47.72 last Tuesday, but they returned to almost $49 a barrel by the end of the week. The national average now sits at $2.29. Cave City motorists are paying an average of $2.16, Munfordville and Edmonton are both at $2.17 and Park City and Tompkinsville are at $2.19. Read More »

G-20 ministers fail to get Washington on board


Yet for all this, the usual language of the G20 to shun protectionism was replaced by much weaker wording that members were "working to strengthen the contribution of trade to our economies". U.S. Treasury Secretary Steven Mnuchin, taking part in his first worldwide meeting since being sworn in, expressed optimism despite the disagreement over wording. Read More »

NIA issues second summons to absconding Islamic preacher Zakir Naik


According to, Atif Muzzafar had told the NIA that the Kanpur train blast was the result of Zakir Naik's hate speeches. In yet another setback to controversial Islamic preacher and founder of Islamic Research Foundation (IRF) Zakir Naik, the National Investigation Agency (NIA) on Monday issued a notice asking him to appear at the NIA Headquarter on March 30. Read More »

French election: 5 top candidates to hold first debate


Investigators are now focusing on clothing furnished in February by luxury Paris tailor Arnys worth some €13,000 and paid for by an unnamed wealthy friend, the judicial source said. Eleven candidates got the go-ahead on Saturday to run in France's presidential election in a vote that independent centrist Emmanuel Macron remains favorite to win. Read More »

IBM launches Blockchain as a Service on Hyperledger Fabric


According to IBM, it is the first enterprise-ready blockchain service based on the Linux Foundation's Hyperledger Fabric version 1.0 created to provide a framework for building enterprise-grade blockchain networks that can quickly scale as new network members join. Read More »

3D Systems Corporation (NYSE:DDD) Stock ABR At 3.31

The stock has a quick ratio of 2.10 and a current ratio of 2.20. Finally, Renaissance Technologies LLC increased its stake in shares of Arena Pharmaceuticals by 8.4% in the fourth quarter. The stock's market capitalization is $382.00 million. The stock's 52-week range is $1.34 - $2.16. Norges Bank purchased a new stake in Arena Pharmaceuticals during the fourth quarter valued at $1,785,000. Read More »

Brazilian govt officials suspended for sales, exports of rotten meat to Egypt


In an unusual move on a Sunday, Temer welcomed about 20 ambassadors from among the 150 nations that import Brazilian meat to Planalto Palace in response to doubts raised after it was revealed that certain companies were adulterating spoiled meat to hide the odor, then selling it both in the local market and to foreign buyers, Efe news reported. Read More »

American Airlines brings back free meals on some flights


In response to the allegations by American Airlines' flight attendants, Twin Hill, the manufacturer of the uniforms said in January that the garments are safe. "It pretty much ruined my vacation", she said of the experience. "In nearly 32 years of flying with my dogs, I've never had anything like this happen before". Read More »

EU summit '4 to 6 weeks' after Brexit trigger: European source


The U.K.'s ambassador to the EU, Sir Tim Farrow, is reported to have notified the EU that it will receive a letter formally beginning the U.K.'s exit process from the 28-country bloc. At stake in the looming talks is whether Britain - the world's sixth biggest economy - can regain powers over immigration and lawmaking without derailing trade with its largest market or threatening London's status as the region's leading financial center. Read More »

Latest Price movements of Stock: Comcast Corporation (NASDAQ:CMCSA)


The Company got Downgrade by Pacific Crest on 27-Jan-17 from Overweight to Sector Weight. Massmutual Trust Co. FSB ADV bought a new stake in shares of Comcast during the fourth quarter valued at about $105,000. During the same quarter in the previous year, the firm posted $0.81 earnings per share. Its sales stood at -2.20% a year on average in the period of last five years. Read More »

Deutsche Bank in €8bn rights issue


And just four Deutsche Bank employees received more than 4 million euros, after the bank sought to cut costs following heavy losses and multi-billion dollar legal penalties previous year. Back in January, it announced anybody with vice president, director or managing director in their job title would not be receiving their individual bonus, a move which will affect one in four staff. Read More »

Melania And Barron Trump 'Absolutely' Moving To The White House


According to TMZ , first lady and the first son soon-to-unite President in their new residence in D.C. The Trump family's continued use of Trump Tower has been a subject of criticism in recent months, with reports stating it has cost millions to maintain the building's safety while Melania and Barron live there. Read More »

Peter Handscomb and Shaun Marsh grind out draw for Australia, twitterati reacts


Starting the day on 120 for one, the home side made comfortable progress through the morning session, but were fortunate not to lose two quick wickets shortly after the drinks break. However, their resistance - Handscomb scoring an unbeaten 72 off 200 balls and Marsh 53 off 197 - not only saved the match, but gave Australia a golden opportunity to win the series as the teams head to Dharamsala with one Test win apiece. Read More »

Commodities Round-up: Oil prices tumble amid as United States production continues to increase

At 10.30am GMT on Monday (20 March), prices for West Texas Intermediate crude fell 1.56% to $48.03 a barrel, while the cost of a barrel of Brent crude slipped 1.21% to $51.14. Though some of the OPEC members have indicated their willingness to prolong the cuts, comments by Saudi Arabia and Russian Federation, world's largest crude producers and effectively leaders of the OPEC and non-OPEC blocs in the production restraint deals, carry far more weight. Read More »

Aguero salvage point for Man City against Liverpool


Knocked out of the Champions League by Monaco in midweek, City fell behind when full back Gael Clichy conceded a penalty six minutes after halftime and James Milner scored from the spot against his old club. "To be active, you need to be courageous". "We are still in the battle - that's how it is", he added. I will try to learn from that and speak to the people close to me about how we can improve and make the team better next season. Read More »

BSP leader shot dead


In the recently concluded Uttar Pradesh assembly polls, Mohammad Shami had contested against six-time MLA from the Kunda constituency Raghuraj Pratap Singh alias Raja Bhaiya. "Before when such incidents took place during the Samajwadi party, the BJP dubbed administration as "Gundaraj". An FIR has been lodged against three people after his family registered a complaint with the police. Read More »

McDonald's India McDelivery app said to be leaking 2.2 million customer's data


The information was revealed by Hackernoon a hacker blog which claims that the app is bleeding customer data that includes customer names, email addresses, phone numbers, accurate home addresses, coordinates and social profile links. McDonald's has plugged the leak. This was after the technology blog hackernoon reported on Saturday that the app was found to be "leaking" user data for more than 2.2 million users. Read More »

Zuma gets personally involved with Sassa grant payments


The contract must continue under the same terms and conditions as the current contract, and at the end of the year CPS must make its financial information available. The case decided Friday was brought by the Black Sash [advocacy website], a non-profit that protects the beneficiaries of social grants. The ordered verification must be approved by National Treasury and the audited verification must be filed by SASSA within a period of 60 days. Read More »