Thursday, 23 March 2017
Latest news
Home » Finance


Vodafone Connects Mobike's Bike-Sharing Scheme in Singapore


Cook met with the founding members of the company that included Dai Wei the CEO according to ofo and a microblog of Cook. Hu Weiwei, founder and president of the company, said Mobike will bring its bikes to more cities worldwide and make biking a more convenient and cheaper commute. Read More »

Powerful winter storm pounds the East Coast


Some 50 million people along the Eastern Seaboard were under storm or blizzard warnings and watches. Local and state authorities warned residents to be prepared and to avoid unnecessary travel as winds in some coastal areas could hit 50 miles per hour to 60 miles per hour, reducing visibility to zero. Read More »

Analysts Set Kite Realty Group Trust (KRG) Price Target at $28.43


The stock gained a consensus recommendation of 3.33 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. (NYSE:SJI), maintained return on investment for the last twelve months at 4.20, higher than what Reuters data shows regarding industry's average. The share price of the company (NYSE:AKR) was down -0.26%, with a high of 30.97 during the day and the volume of Acadia Realty Trust shares traded was 1957721. Read More »

Britain bans laptops on flights from 6 countries

Senior Trump administration officials said that starting Tuesday morning airlines flying directly to the United States from 10 airports in eight countries could allow only cellphones and smartphones in carry-on bags for USA -bound flights. Read More »

Workers Could Do More to Plan for Retirement


Workers weren't spending much time developing their retirement plans, either. That's more than the 33% who said the same in 2016's survey . However, just 18% of workers feel very confident that they are doing a good job preparing for retirement, and only 38% feel somewhat confident. Read More »

United States bans laptops, tablets from cabins on flights from Middle East

Passengers on 12 Scottish air routes are among those affected by ministers banning laptops and tablets on flights from six Middle Eastern and north African countries. The DHS also said it "selected these airports based on the current threat picture", without elaborating. A state department official referred reporters to "several terrorist events on airplanes in the last year", all outside the US. Read More »

Firms & Funds Favorite: Staples, Inc. (NASDAQ:SPLS)

The stock has a high price target of $5 according to consensus of 1 analyst. The company beat the analyst EPS Estimate with the difference of $-0.01. 11/17/2016 - Staples, Inc. 10 analysts projected Price Targets for Staples, Inc. The stock has its 52-Week High on Jul 11, 2016 and 52-Week Low on April 1, 2016. They now have a Dollars 9 price target on the stock. Read More »

Alibaba buys online ticketing platform Damai


Alibaba did not specify whether it meant to integrate Damai with Tao Piao Piao, the flagship ticketing service of its film studio arm, Alibaba Pictures Group. Alibaba likely snapped up Damai for more than just its ticket-selling prowess as the company already has a similar ticket service called Tao Piao Piao for Alibaba Pictures Group. Read More »

Cerulean Pharma Incorporated (CERU) now has Insider Ownership of 1.3%

According to their predictions High & Low revenue estimates are 5 Million and 5 Million respectively. Cerulean Pharma Inc (NASDAQ:CERU) share price plunged -62.35% or -2.07 points to reach at $1.25 during previous trading session. While the actual EPS the company reported in the same quarter previous year was -0.39/share. The Company Touched its 52-Week High on April 21, 2016 and 52-Week Low on Nov 8, 2016. Read More »

Adobe Systems Incorporated (ADBE) Director Charles M. Geschke Sells 59550 Shares


To sum up all these views, ADBE attains Overweight consensus rating in current rating pool. The firm is maintaining its BUY rating on Focus List selection Adobe Systems Inc. These analysts also forecasted Growth Estimates for the Current Quarter for ADBE to be 32.4%. The shares were sold at an average price of $113.91, for a total transaction of $19,786,508.73. Read More »

Michael Phelps got the ideal nickname on his Starbucks coffee cup


A Starbucks employee chose to have some fun with the trio. Friend of GOAT, Wife of GOAT, and The GOAT appeared on the Starbucks cups. For everyone that doesn't understand what "The GOAT" means... Starbucks baristas are notorious for hilariously misspelling people's names on cups - even if you're a celeb like Helen Hunt or TODAY's Hoda Kotb. After proving he's still at the top of the swimming world in Olympics this past summer, Michael Phelps announced that he was officially done with his ... Read More »

Fire at Guatemala Youth Shelter Kills More Than 30 Girls


As well as those killed, hospitals reported about 40 people being treated for burns. About 20 other people were injured in the blaze at the Virgen de Asuncion home in San Jose Pinula. The facility that held the capacity for around 500 people at max was housing around 700-800 young adults, which made it crowded. "This can't be allowed to continue". Read More »

Woody Harrelson has quit smoking weed


Some of Woody Harrelson's more recent and better-known films include White Men Can't Jump , Zombieland , Natural Born Killers , The People Vs. Larry Flynt , Kingpin , and The Hunger Games series. "But I try to be moderate with the drinking, too". Harrelson who is now 55 said that he gave it up about a year ago after he figured out that it was holding him back. Read More »

New warning on last-minute tax scams


Alerting of another tax scam, the IRS wrote that everyone needs to be aware of these email scams, "requesting last-minute deposit changes for refunds or account updates". In order to avoid potential scams, the IRS said people should confirm with their preparer about whether they need to make any changes to account numbers. Read More »

Yogi meets Modi, Shah; portfolios, UP projects discussed

He said that Modi worked for betterment of the poor and the farmers without any discrimination. Addressing Parliament for the first time after taking charge as the UP chief minister, Adityanath's speech was peppered with niceties and praise for Prime Minister Narendra Modi, while it consciously stayed away from any controversies. Read More »

Goldman Sachs to move London jobs overseas on Brexit


On Monday it was confirmed Prime Minister Theresa May would trigger Article 50 on 29 March, beginning up to two years of divorce talks between the United Kingdom and the EU. The bulk of Goldman's European operations are in Britain, where it has around 6,000 employees, providing services including broking and market-making in securities, foreign-exchange trading and corporate finance across Europe. Read More »

United Kingdom inflation soars to highest level since 2013


The next step is to see how much of this increase in prices can be included in wage negotiation, otherwise we will start to see consumers feeling the pinch in their pockets. Month-on-month, consumer prices grew 0.7 percent in February, faster than the expected 0.5 percent increase. "It is no surprise to see inflation picking up further and going above 2 percent". Read More »

US Stock Market Faces Worst Day of Year as Dow, Nasdaq Fall


The benchmark Dow Jones Industrial Index and the Nasdaq registered their worst daily drops since September as financial stocks crumbled. As the Federal Bureau of Investigation continues to investigate possible links between Trump's associates and Russian Federation during last year's election, the focus for some today will be the airline and travel sector after new rules from Washington preventing laptops and tablets and other devices during flights from eight countries in the Middle East ... Read More »

Downer unveils $1.3bn takeover bid for Spotless


It is offering $1.15 a share in cash, a significant premium to the target's last traded share price of 72.5c. Spotless shares have since jumped 46 percent to A$1.06. Spotless shares have sold off since the company reported a weak interim result in late February. The takeover will be funded by a A$1.01 billion capital raising at A$5.95 per share, a 20 percent discount to Monday's closing price. Read More »

Why Shares of Cheetah Mobile Slumped Today


They set a "neutral" rating and a $10.00 price target on the stock. Meanwhile, Bernstein raised its price target to $160 from $140, echoing yesterday's optimism toward Apple shares. Cheetah Mobile Inc (NYSE:CMCM) shares were trading -32.05% below from the 52-week high mark of $18.19 and 40.93% above from the 52-week bottom of $8.77. Read More »

Featured Stock: Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR)


According to Zacks, "Even though 2016 was a roller-coaster year for the energy market, Petrobras stock more than doubled during the period". Additionally, loans from China should offer some relief considering Petrobras' money-laundering scandal, which has scarred its credit metrics. Read More »

FTSE ends down on sterling strength after inflation jumps


Consumer prices rose by a stronger-than-expected 2.3 percent in annual terms, the biggest increase in almost three-and-a-half years and up sharply from 1.8 percent in January, the Office for National Statistics said on Tuesday. Economists had expected a rate of 2.1%. The price of food rose by 0.3% between last month and February 2016, after falling on the year for 31 consecutive months. Read More »

Target Unveils Reimagined Store Concept (TGT)


More than 600 of Target's 1,800 total locations are slotted for updates over the next three years. This fall, Target plans to open the first of its new stores in a suburb of Houston and will update 40 additional Target stores with some elements of the prototype. Read More »

Nike Inc (NYSE:NKE), Oclaro, Inc. (NASDAQ:OCLR)


Acting as the blue chip in today's trade, NIKE, Inc .'s existing market cap value showcases its prevailing assets, capital and revenues. In terms of earnings per share, 18 analysts have a 0.71 EPS mean target for the quarter ending Aug-17, for the quarter ending Nov-17, 18 analysts have a 0.61 EPS mean target and for the quarter ending Nov-17 there are 34 estimates of 2.34 EPS. Read More »

Take a look at Price Move: Precision Drilling Corporation (NYSE:PDS)

PD has been the topic of a number of other research reports. 12/14/2016 - Citigroup began new coverage on Precision Drilling Corporation giving the company a "neutral" rating. The original version of this report can be read at Read More »

Tester calls for import ban following the sale of rotten meat


Minister Rambharat said that shortly, the public would be advised about action to be taken regarding Brazilian meat products- particularly corned beef already in Trinidad and Tobago. "Suffice to say, the recent decision to allow Brazil to start exporting fresh meat to the US was already controversial". "This latest revelation of corruption-bribery, using chemicals to cover up rotten meat, sending salmonella-contaminated meat to Europe and falsifying health certificates-comes after past ... Read More »

Alaska Air Group, Inc. (ALK) Upgraded at Stifel Nicolaus


Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 14.48. Average price target for Alaska Air Group, Inc. The share price has moved backward from its 20 days moving average -10.96% and negatively from its 50 days moving average -24.36%. The highest share price NYSE:ALK shares have reached in the prior twelve months is 101.43 with the lowest being 54.51. Read More »

Bank of America Corporation (BAC) Closed last trading session at $24.44


With a recent reading of 2.43%, lowered yields and declining optimism about higher inflation and interest rates are weighing on the share prices of the most rate-sensitive bank stocks. That brings its full year payout to US$0.3 and 15.8% annual payout ratio based on EPS. Stock has got OUTPERFORM rating from 3 analysts of Thomson Reuters, 5 analysts given HOLD rating to the stock. Read More »

Sizzling Stock Alert: Cousins Properties Incorporated (CUZ)

Cousins Properties Incorporated (CUZ ) topped its 52-week high price target of 8.82 on Feb 9, 2017. The Stock now has a Weekly Volatility of 2.28% and Monthly Volatility of 1.89%. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. Read More »

Welder wins $100000 in Berkshire Hathaway March Madness contest


An extremely lucky Berkshire Hathaway employee was one pick away from winning $1 million from company leader Warren Buffett until one team cost the employee a chance at being an instant millionaire. Buffett says he plans to continue the contest, and he expects there will be million-dollar winners occasionally. But at least he didn't have to split the pot like last year's two winners. Read More »

Fuel tank cars burn after freight train derails in Iowa


But an environmental official in the USA state of Iowa said there appeared to be no significant leakage of enthanol into a creek. The creek flows through relatively flat farm fields and empties a few miles downstream into the Des Moines River. Read More »