Thursday, 19 April 2018
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EBay ditches PayPal as payment partner


At the moment, PayPal's value is billions more than eBay - its shares fell after news of eBay's decision was announced, but it remains to be seen if it will have a huge and permanent effect on the payment portal's business. The strategy has largely been effective, notching a 32% YOY increase in payments processed, reaching US$131 billion in the fourth quarter. PayPal is also the owner of Venmo, the popular peer-to-peer payments platform. Read More »

Reviewing the Insider Trends for Microsoft Corporation (MSFT)


Microsoft Corp now has $726.56 billion valuation. Over the last quarter, insiders have sold 45,000 shares of company stock valued at $3,759,420. 48,698,106 shares of the stock were exchanged, compared to its average volume of 24,500,000. Wealthtrust has 52 shares for 0% of their portfolio. MSFT stock slipped 0.8% after the bell Wednesday. Davidson Inv has invested 0.56% in Tableau Software, Inc. Read More »

Twenty-First Century Fox, Inc. (FOXA) stock forward in overbought space?

It has underperformed by 21.76% the S&P500. Armistice Capital Llc increased its stake in Freshpet Inc (FRPT) by 6.01% based on its latest 2017Q3 regulatory filing with the SEC. (NASDAQ:FOX). Fayez Sarofim & has invested 0.16% in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) on Tuesday, February 9 with "Buy" rating. Singular Research has "Buy" rating and $8.50 target. Read More »

As Yellen Exits Fed, Policymakers Hold Interest Rates Steady


Cautiously timed rate hikes reassured markets. - Reuters pic WASHINGTON, Jan 31 ― The Federal Reserve concludes its first meeting of 2018 today, with markets convinced the central bank will leave the benchmark interest rate untouched but nonetheless watching for signals of increases ahead. Read More »

High demand, high oil prices mean pain at the pump


The average price of gas in Chattanooga Sunday was $2.36 per gallon, up almost 20 cents a gallon since Christmas. Nationally, prices have increased by about 31 cents during the same period. In its weekly report, the U.S. Energy Information Administration said the level of oil stockpiles in the country dropped enough to push the level to its lowest point in three years, even as production continues to soar. Read More »

Microsoft reports revenue increase in quarterly finances


The results also included a net charge of $13.8 billion related to the Tax Cuts and Jobs Act. Amazon customers hoping to avoid being locked into one service could be helping growth, said Kim Forrest, an equity analyst at Fort Pitt Capital Group. Read More »

CFPB Structure Is Constitutional, DC Circ. Says In Reversal


The decision is a blow to the Trump administration, which has sought to exercise greater control over the agency. Wednesday's decision did have good news for PHH with the court reinstating an earlier ruling throwing out the $109 million fine the CFPB levied against PHH, which was the catalyst for the lawsuit. Read More »

White House to propose 72 percent cut to clean energy research


Meanwhile, China has budgeted more than $70 billion a year for renewable generation alone through 2020. In its first budget proposal, the Trump administration proposed cutting the office's funding by two-thirds to $636.1 million. There is still some hope: Although the White House proposes budgets, it's ultimately up to Congress to decide on appropriations bills. The DOE did not immediately respond to requests for comment from POWER . Read More »

Eli Lilly and Company (NASDAQ:LLY) To Report Earnings


Eli Lilly and (NYSE:LLY) last issued its quarterly earnings results on Wednesday, January 31st. It has underperformed by 12.00% the S&P500.The move comes after 7 months negative chart setup for the $86.28B company. analysts expect that Eli Lilly and Co will post 4.22 earnings per share for the current fiscal year. Therefore 60% are positive. Inv Advsr reported 2.67% in Eli Lilly and Company (NYSE:LLY). Read More »

United States network airlines praise Qatar deal


Qatar Airways was not immediately available for comment. "These exchanges address concerns important to US aviation industry stakeholders and strengthen our economic cooperation", Secretary of State Rex Tillerson said in announcing the deal with Qatar Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani. Read More »

Boeing pops after beating earnings and raising guidance


Bogle Inv Management LP De owns 37,430 shares or 0.65% of their United States portfolio. Price earnings ratio (P/E) ratio of The Boeing Company (BA ) is 31.07. About 23,977 shares traded. It has outperformed by 24.43% the S&P500. Therefore 65% are positive. They are also projecting the Low EPS estimate of $2.45 and the High EPS estimate of $3.15. Read More »

NC lawmakers on train that crashes into dump truck


The only passengers on the train were the Republicans and some members of their families - including children. "An Amtrak train came into contact with a vehicle that was on the tracks at 11:20 Crozet, Va ". The Republican members of Congress were on their way to an annual retreat at the Greenbrier Resort in West Virginia. Madeline Curott, Albemarle County police spokeswoman, said authorities had received a call "about a fast train hitting a truck". Read More »

Eye-Catching Stock - Plains All American Pipeline, LP (PAA)

About 7.02M shares traded or 96.71% up from the average. Plains GP Holdings, L.P. (PAGP) has $11.87 billion valuation. It has underperformed by 5.20% the S&P500. The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. Read More »

Bon-Ton announces closures, and Phillipsburg Mall takes another hit


Locations in Marion, Columbus, Elkhart and Anderson are slated to close as well. Employees at the affected locations will be allowed to interview for positions at other stores. The company said is part of an effort to reduce its footprint, improve store performance and boost capital. The Younkers in Crossroads Mall in Waterloo will remain open. Read More »

USA stocks retreat from records ahead of packed week for corporate earnings


The market was coming off a two-day losing streak and its biggest drop since August. The S&P 500 still is up 6.7 percent since the end of 2017. The Dow Jones Industrial Average was down as much as 400 points after Amazon , Berkshire Hathaway and JPMorgan Chase announced they would partner in an effort to cut health-care costs and improve services for US employees. Read More »

Gold slips as USA dollar claws back, Treasury yields gain

The euro zone's economy could prove to be a shining star again this year, but persistently tepid inflation will probably keep the European Central Bank from following its peers and tightening monetary policy anytime soon. Traders are cautious ahead of a slate of events this week, including a U.S. Federal Reserve meeting announcement on Wednesday and a report on Friday that will include data on nonfarm payrolls and average hourly earnings. Read More »

Why Hawaii official sparked global panic with false missile alert


A warning officer who sent an alert that a ballistic missile was headed towards Hawaii believed the threat was real , according to a report on the January 13 incident which sparked widespread panic. The FCC said the incident was a result of "a combination of human error and inadequate safeguards", and the Hawaii Emergency Management Agency's lack of preparedness led to the 38-minute lapse before correcting the alert. Read More »

Post Rift, Chief Justice At Supreme Court Function With 2 Judges


The agency on September 20 arrested retired Orissa High Court judge Ishrat Masroor Quddusi and five others, including the chairman of the college, on the charge of corruption to get a favourable order to admit students. Following an advise from the CJI, the chief justice of the Allahabad High Court withdrew all judicial work from Shukla after he was probed in the scam. Read More »

Shah Rukh's Alibaug bungalow provisionally attached by IT under Benami Act


According to a Business Standard report, Khan allegedly purchased the agricultural land via Déjà Vu Farms, but instead he constructed a farmhouse for personal use. It also allows for prosecution of the beneficial owner, the benamidar and the abettor to benami transactions, which may result in rigorous imprisonment up to seven years and a fine of up to 25 percent of the fair market value of the property. Read More »

Eurozone economies grow at fastest rate since 2007 crisis


The economy of the 19-nation bloc grew by 2.5% past year, according to Eurostat , the strongest growth since the 3% rate seen in 2007. The number of unemployed totaled 14.137 million in December, down by 134,000 from November. Unemployment data from Eurostat also showed the eurozone rate remained at 8.7%, in line with estimates. Eurozone unemployment rate remained stable at 8.7 percent in December a year ago, still the lowest since January 2009, the statistics agency of the European Union ... Read More »

Exxon Mobil Corporation (XOM)- Stock Swings Under Analysts Radar


The stock decreased 0.53% or $0.1 during the last trading session, reaching $18.6. About 13.04 million shares traded or 2.71% up from the average. It has outperformed by 9.53% the S&P500. The rating was maintained by BMO Capital Markets with "Hold" on Monday, June 26. RBC Capital Markets has "Hold" rating and $90.0 target. Credit Suisse initiated the shares of XOM in report on Monday, December 11 with "Hold" rating. Read More »