Saturday, 20 January 2018
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Rio Tinto plc (RIO) Rating Reiterated by Jefferies Group LLC


Knowledge Leaders Capital LLC now owns 2,393 shares of the mining company's stock worth $101,000 after acquiring an additional 1,334 shares in the last quarter. A number of other research firms also recently issued reports on RIO. In a research note revealed to investors and clients on Thursday, 21 September, Rio Tinto (LON:RIO) shares have had their "Buy" Rating reconfirmed by professional analysts at Jefferies. Read More »

Fundamentals in Focus for Marathon Petroleum Corporation (MPC)

World Asset Management Inc now owns 62,899 shares of the oil and gas company's stock worth $3,179,000 after purchasing an additional 5,095 shares during the period. Investors sentiment increased to 1 in Q4 2016. The company has a long history of generating superior returns, and its stock has such a low price to tangible book value and a dividend yield approaching 4%. Read More »

Britain says Moody's downgrade based on 'outdated' Brexit view


The UK's credit rating was cut last night by major credit agency Moody's. "Over the next few years, we have a lot less confidence that the UK's government is going to be able to fulfil its plans to bring the debt load back down, and this is an extremely high debt load that the United Kingdom has, or to be able to achieve some form of agreement with the European Union which retains a substantial share of the rights that membership of the European Union grants", he said. Read More »

Dollar hovers near 8-week high vs yen; focus on Fed meeting


The dollar held steady at one-week highs against the other major currencies on Thursday, after the release of strong USA jobless claims and manufacturing activity data and as news of a potential rate hike this year by the Federal Reserve continued to support. Read More »

Johnson & Johnson (JNJ) Given Consensus Recommendation of "Hold" by Analysts


Johnson & Johnson now has $362.93 billion valuation. In related news, VP Dominic J. Caruso sold 82,591 shares of the company's stock in a transaction that occurred on Thursday, July 20th. Tru Advisors, a Indiana-based fund reported 15,730 shares. During the same quarter in the prior year, the company posted $1.74 earnings per share. As of the end of the quarter Koshinski Asset Management, Inc. Read More »

Asia Stocks Steady, Dollar Treads Water as Investors Count Down to Fed


Forecasters expect the Fed to leave interest rates unchanged and stick to plans to raise rates in December. LONDON, Sept 19 ( Reuters ) - The dollar hit an eight-week high against the yen on Tuesday as US central bank policymakers meet to discuss further monetary tightening, with renewed calm over North Korea easing demand for perceived safe havens. Read More »

'Payment by vein' coming soon to United Kingdom supermarkets


British biometric payments company Sthaler announces that its Fingopay technology has been installed on campus at Brunel University London in the onsite Costcutter convenience store. Despite the concerns, dozens of Brunel students are already using the system and it is expected that 3,000 students out of 13,000 to sign up by November. Read More »

China describes S&P's sovereign rating downgrade as 'wrong'


The finance ministry said it was a pity for S&P to focus on China's fast debt growth while ignoring the country's distinctive financing structure and the growth-boosting effect of government spending. While the downgrade "won't be news to anyone who has kept half an eye on China over recent years and shouldn't change anyone's thinking", Williams noted that it served as a reminder that "state sector reforms have continued to disappoint and so the hidden risks on bank balance sheets have ... Read More »

Why The Finish Line, Inc. Stock Popped Today


Its minimum price target estimates has been figured out at $13.5 while the maximum price target forecast is established at $19. Several other equities analysts have also issued reports on FINL. The business's revenue was up.0% on a year-over-year basis. Finish Line Inc . on 5/30/2017 reported its EPS as $0.53 with the analysts projecting the EPS of the stock as $0.53. Read More »

Sen. Patty Murray: GOP Trashed Bipartisan Bill For Latest ACA Repeal Attempt


She said North Carolina can lower health care costs without any federal intervention. The estimate does not appear to include cuts to the overall Medicaid program, which kick in 2020. Last week senators Lindsey Graham (R-S.C.), Bill Cassidy (R-La.), Dean Heller (R-Nev.), and Ron Johnson (R-Wis.) introduced a healthcare bill to pool money that would have been funnelled into premium and cost-sharing subsidies and Medicaid expansion and direct it instead to states in the form of block grants. Read More »

Taking a Fresh Look at Physicians Realty Trust (DOC)

It has underperformed by 11.95% the S&P500. BidaskClub upgraded Federal Realty Investment Trust from a hold rating to a buy rating in a research report on Monday, July 24th. Adage Prns Grp Ltd Liability Company holds 0.03% or 102,600 shares in its portfolio. Cantor Fitzgerald reissued a buy rating and issued a $23.00 price objective on shares of Physicians Realty Trust in a research note on Friday, June 30th. Read More »

Sushma Swaraj in USA sacks down Pakistan over terrorism


China has opposed India getting a permanent seat on the Security Council and Russian Federation is lukewarm, while the other three permanent members, Britain, France and the United States, support India. The Comprehensive Convention on International Terrorism (CCIT) was proposed by India in 1996 to enhance prosecution and extradition of terrorists. Read More »

Post Holding Acquires Bob Evans Farm for USD1.5bn


The investigation further seeks to determine whether Bob Evans senior management is entering into this deal for their own self-interests to the detriment of the Company's shareholders. The restaurant operator reported $0.37 earnings per share (EPS ) for the quarter, hitting the Zacks' consensus estimate of $0.37. The company now has an average rating of "Hold" and an average target price of $76.05. Read More »

Markit: US Business Activity Remains Strong in September


Germany's private sector grew at the fastest pace in nearly six-and-a-half years in September, flash data from IHS Markit showed Friday. While service sector activity showed the largest rise since May, the increase in manufacturing output was the largest since April 2011. Read More »

Walmart tests delivering, putting groceries away in your fridge


If no one answers the doorbell, the Deliv driver will be given a one-time passcode that is pre-authorized by the customer and will open the home's smart lock to allow entry. You'll get a second notification on your phone when the delivery is completed and your door is locked. With the August partnership, Walmart customers both inside and outside cities could take advantage of the service, if they were also August device owners. Read More »

USA finds solar panel imports harm domestic makers


Suniva declared bankruptcy, while SolarWorld had to lay off three-quarters of its workforce. Free market groups, however, warn the ITC and other groups to avoid using tariffs against solar panel exports. The case is unique in that it has caused a considerable rift in the solar industry, with manufacturers on one side and installers on the other. SolarWorld Americas, on the other hand, is owned by a German parent company. Read More »

South Africa Finance Chief Wants KPMG Probe Amid Government Scandal


On Monday, however, South African Revenue Services (SARS) commissioner Tom Moyane defended KPMG's original report and accused the firm of "abhorrent, unethical, and unprofessional conduct" in withdrawing it. KPMG is the third global firm to face questions about its work for the Indian-born Gupta brothers. Mckinsey & Co. has said it's carrying out an internal probe into work done for state power utility Eskom Holdings SOC Ltd. Read More »

US Fed announces plan of $4.5 tn balance sheet reduction

Stocks turned lower after the Federal Reserve's announcement. Shares of NvidiaNVDA.O pared losses to trade down 3.4 percent after GlobalFoundries, which fabricates chips for Advanced Micro DevicesAMD.O, said Tesla TSLA.O had not committed to working with the company to develop its own artificial intelligence chip for self-driving cars. Read More »

Mobile, Sprint reportedly reach 'major breakthrough' in merger talks


Once again, the fragrance of cost savings worth $30 bln to shareholders has brought T-Mobile US and Sprint into a mating dance. Sprint and T-Mobile are close to agreeing to a deal to merge two of the four largest USA wireless carriers, Reuters reports , citing multiple sources familiar with the negotiations. Read More »

Anti-Diesel Demo Storms Ship Carrying More Petrols Than Diesels


They drew up alongside the huge auto carrier at around 8.30am this morning in kayaks and small boats bearing banners saying " ditch diesel ". Activists were hanging from a 27-metre-high unloading door, refusing to disembark until VW commits to take its toxic cars back to Germany. Read More »

Sensex tanks 448 pts on global sell-off, falling rupee


While North Korea threatened to test a nuclear weapon on an "unprecedented scale" in the Pacific Ocean, S&P Global Ratings downgraded China's credit rating , citing higher economic and financial risks after a prolonged period of strong credit growth. Read More »

Haley: Trump's 'fire and fury' comment 'not an idle threat'


North also fired a ballistic missile over Japan and into the Pacific on Friday, responding to fresh new United Nations sanctions with what appeared to be its longest-ever missile flight. Shooting down every missile that Kim launches, or at least holding them at risk, could neutralize North Korea's nuclear weapons program not only by denying his ability to deliver them, but by impeding his ability to improve them - with far less risk than a preventative military strike on North Korean soil. Read More »

Equiniti Group PLC (EQN.L) Shares Hold Above the Rising Trendline


GBX 3313.37's average target is 1.48% above currents GBX 3265 stock price. Dunelm Group had 153 analyst reports since August 3, 2015 according to SRatingsIntel. As per Tuesday, April 12, the company rating was maintained by Peel Hunt. The company was maintained on Tuesday, October 27 by UBS. Jefferies has "Hold" rating and GBX 126 target. Read More »

Fed will start modestly reducing its bond holdings

The US Federal Reserve's confirmation that it will reduce its balance sheet is a "once in a generation change" that paves the way for the European Central Bank to begin its tapering programme, investors say. Looking to other central banks, Interactive Investor head of equity strategy Lee Wild says the ECB has been careful to keep at least one step behind United States policymakers for fear of over-inflating the euro . Read More »