Saturday, 24 March 2018
Latest news
Home » Money


RBA will forge its own path on rates, says Lowe


Economists had expected consumer prices to rise by 0.4 percent in the quarter and by 2.2 percent from a year earlier. Key contributors to the weakness were lower automotive fuel prices as global oil prices plunged and the usual seasonal drop in domestic holiday, travel and accommodation prices. Read More »

Airbus cuts A380 production to eight in 2019


Airbus also reiterated its jet delivery target but added a new layer of caution, saying the goal was dependent on engine makers meeting their commitments. Chief Executive Tom Enders said that prospects of further sales of the A380 in the short-term were not "necessarily high". Airbus hopes it will be the catalyst for more orders from airlines. Read More »

Baird Financial Group Inc. Reduces Stake in United Parcel Service, Inc. (UPS)


Shares for $1,070 were bought by Oatman Heather Marie on Monday, January 30. United Parcel Service , Inc. In the market the company is trading up since yesterday's close of $112.15. UPS's profit would be $1.26B giving it 19.39 P/E if the $1.46 EPS is correct. United Parcel Service had a return on equity of 320.39% and a net margin of 5.60%. Read More »

Suncor Energy (SU) Receiving Somewhat Positive News Coverage, Report Finds


Several brokerages have commented on SU. Zacks Investment Research downgraded Suncor Energy from a "hold" rating to a "sell" rating in a report on Wednesday, April 26th. The Locust Wood Capital Advisers Llc holds 2.09 million shares with $68.24 million value, down from 2.73 million last quarter. The fund owned 17,676 shares of the oil and gas producer's stock after buying an additional 116 shares during the period. Read More »

Procter & Gamble Company (The) (PG) Shares Bought by Cwm LLC


South Dakota Inv Council has invested 0.88% in Procter & Gamble Co (NYSE:PG). The Procter & Gamble Company is focused on providing branded consumer packaged goods to the clients across the world. The firm has "Outperform" rating by Credit Suisse given on Thursday, July 30. The firm has "Buy" rating given on Friday, April 28 by Jefferies. Jefferies maintained the stock with "Buy" rating in Tuesday, May 30 report. Read More »

BC's LNG outlook dims after $36B project killed


The announcement comes barely a day after Petronas scrapped a proposed C$36 billion ($29 billion) LNG project in Canada due to weak prices, dealing a blow to the Malaysian state company's global ambitions and leaving it with a bill for work already done. Read More »

Analysts cut Akamai price targets after Q2 report; shares down almost 11%


Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. 07/26/2017 - Akamai Technologies, Inc . had its "sector perform" rating reiterated by analysts at RBC Capital. Penn Virginia Corporation (NASDAQ:PVAC) has 0.00% since July 26, 2016 and is. Read More »

Wal-Mart Stores, Inc. (WMT) Stake Raised by Northstar Investment Advisors LLC

A number of other hedge funds have also recently modified their holdings of the stock. Asset Planning Services Ltd. raised its stake in Wal-Mart Stores by 0.7% in the first quarter. The original version of this piece can be read at Read More »

Dynavax Technologies Corporation (NASDAQ:DVAX) Position Maintained by Swiss National Bank

Similar statistics are true for the second largest owner, Blackrock Inc., which owns 2,821,347 shares of the stock are valued at $27.93 million. Relative strength index (RSI-14) for Dynavax Technologies Corporation ( DVAX ) is at 59.34. Dynavax Technologies Corporation (NASDAQ:DVAX), stock is trading $17.50 above the 52-week high and has displayed a high EPS growth of 5.50% in last 5 years. Read More »

YEP Says: Do air quality proposals go far enough for Leeds?

Environmental law firm ClientEarth , which took the UK Government to court to force action on air quality, said: "The 2040 diesel and petrol ban, while important, is a diversionary tactic and doesn't deal with the public health emergency caused by illegally polluted air, now". Read More »

London's Walkie Talkie bought for record breaking £1.28bn


The building, known as the Walkie Talkie because of it shape, was bought by LKK Health Products Group for GBP1.28 billion ($1.68 billion) from Land Securities Group PLC and Canary Wharf Group. "We weren't in a position where we wanted to sell assets, but no asset is sacrosanct and this is a price at which we have to sell it". "We started it in 2010 and people asked "what on earth are you doing" - now it's sold at a record pricing". Read More »

The Murphy Oil Corporation (NYSE:MUR) Shares Bought by KBC Group NV

According to Zacks, "Murphy Oil's businesses operate in highly competitive environments, which affect its profitability and can hinder future developments". During the same period past year, the firm earned ($0.66) earnings per share. Murphy Oil Corporation on 3/30/2017 reported its EPS as $-0.36 with the analysts projecting the EPS of the stock as $-0.36. Read More »

Endeavour Silver Corporation (NYSE:EXK) closed with a change of 0.99%

If we checked the overall image of stock during recent quarter then we found that stock performance is trading down -9.75%. Endeavour Silver Corp (TSE:EDR ) (NYSE:EXK ) has been assigned a consensus recommendation of "Hold" from the seven brokerages that are covering the company, MarketBeat Ratings reports. Read More »

Arizona State Retirement System Cuts Position in Wabash National Corporation (NYSE:WNC)

Meeder Asset Management Inc. boosted its position in shares of Wabash National Corporation by 390.1% in the second quarter. Ratings analysis reveals 25% of Wabash Natl's analysts are positive. Institutional investors have recently modified their holdings of the stock. BlackRock Inc. raised its position in Wabash National Corporation by 45,576.6% in the first quarter. Read More »

Advisory Services Network LLC Purchases Shares of 137951 Pfizer, Inc. (PFE)

First Houston Cap Inc stated it has 47,250 shares or 1.48% of all its holdings. In 2016, Pfizer's ( PFE ) Lyrica generated revenues of ~$4.96 billion, which reflected a ~3% rise on a YoY (year-over-year) basis. Pfizer, Inc. has a 12-month low of $29.83 and a 12-month high of $37.39. The firm has "Overweight" rating by Morgan Stanley given on Friday, October 2. Read More »

Buys 567 Shares of Abbott Laboratories (ABT)

The firm has "Hold" rating by Benchmark given on Wednesday, May 11. The rating was maintained by Deutsche Bank on Friday, July 21 with "Buy". Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Read More »

Will First Potomac Realty Trust (FPO) Continue To Underperform Its Industry?


The Massachusetts-based Aew Capital Management L P has invested 1.43% in the stock. It closed at $190.4 lastly. (NYSE:FR) has risen 18.40% since July 26, 2016 and is uptrending. The information contained in Item 2.02 of this current report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed "filed" with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the Company under the Securities Act of 1933, as amended. Read More »

Fox Run Management LLC Buys New Stake in Micron Technology, Inc. (MU)

Dimensional Fund Advisors LP now owns 14,005,627 shares of the semiconductor manufacturer's stock valued at $404,753,000 after buying an additional 117,152 shares in the last quarter. Its down 0.14, from 0.98 in 2016Q3. Want to see what other hedge funds are holding MU? 86 funds opened positions while 165 raised stakes. 841.20 million shares or 0.23% more from 839.25 million shares in 2016Q3 were reported. Read More »

General Electric Company (NYSE:GE) Insider Alexander Dimitrief Acquires 1845 Shares

Green Square Capital Llc decreased Alphabet Inc Cap Stk Cl C stake by 407 shares to 1,540 valued at $1.19M in 2016Q4. Empirical Finance bought a fresh stake in General Electric throughout the Q4 valued roughly $140,000. The ex-dividend date of this dividend was Thursday, June 15th. Since March 14, 2017, it had 0 buys, and 3 selling transactions for $883,265 activity. Read More »

Shell earnings boosted by higher oil and gas prices


The rating was upgraded by RBC Capital Markets to "Outperform" on Wednesday, January 4. The rating was maintained by Nomura on Thursday, November 19 with "Buy". About 4.28M shares traded. COPYRIGHT VIOLATION NOTICE: " Royal Dutch Shell Plc's (LON: RDSA ) "Overweight" Rating Reaffirmed at Barclays PLC" was originally posted by BNB Daily and is owned by of BNB Daily. Read More »

Alphabet Inc. (GOOGL) — Recommendation Trends


Alphabet (NASDAQ: GOOG ) declined 0.45% through out intraday market trading on early Wednesday, reaching $946.46. Barton Investment Management's holdings in Alphabet were worth $3,632,000 at the end of the most recent reporting period. The company's quarterly revenue rose 22% from the same quarter previous year, to $26 billion. Alphabet Inc ( GOOG ) has $641.93 billion valuation. Read More »

Discovery Takes Command in Bid for Scripps


After $1.53 actual EPS reported by Scripps Networks Interactive, Inc. for the previous quarter, Wall Street now forecasts -0.65% negative EPS growth. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & worldwide copyright & trademark law. Read More »

Westinghouse Air Brake Technologies Corporation (WAB) stock price declined -9.74%

Its down 14.41% from 600,800 shares previously. The SI to Compugen Limited's float is 3.92%. The institutional investor owned 77,417 shares of the company's stock after selling 462 shares during the period. One research analyst has rated the stock with a sell rating , six have given a hold rating and one has issued a buy rating to the company. Therefore 89% are positive. Read More »