Economy

Sky Soars as UK Delays Decision on 21st Century Fox Inquiry

Sky Soars as UK Delays Decision on 21st Century Fox Inquiry Fox's lawyers wrote to Bradley this week discouraging her from going back on a preliminary decision in June to limit the Competition and Market Authority's probe to examining the Murdochs' influence over United Kingdom media. British media watchdog Ofcom earlier warned the deal would hand Australian-born United States tycoon Murdoch "increased influence" over Britain's news agenda and the politica... [Full Article...]

Philip Morris: Up In Smoke?

Philip Morris: Up In Smoke? Several analysts have recently commented on the stock. Newman Dignan & Sheerar Inc. increased its stake in shares of Philip Morris International by 0.3% in the first quarter. Analysts anticipate that Philip Morris International Inc will post $4.90 earnings per share for the current year. The company also recently declared a quarterly dividend, which was paid on Tuesday, July 11th. [Full Article...]

UK McDonald's, KFC, Burger King drinks test positive for poo bacteria

UK McDonald's, KFC, Burger King drinks test positive for poo bacteria In late July, a U.K. Starbucks was also outed by the BBC Watchdog program for finding poo-contaminated ice; three out of ten samples were found to contain the fecal matter. In response, a KFC spokesperson said, "We are shocked and extremely disappointed by these results". According to the same outlet, a spokesperson for McDonald's said that the safety of its customers is paramount, and tha... [Full Article...]

American Express's Q2 Earnings Beat Forecasts

American Express's Q2 Earnings Beat Forecasts The company has a market cap of $76.80 billion, a price-to-earnings ratio of 15.51 and a beta of 1.18. Investors of this company earned a return of 3.20% on the assets it owns in past twelve month. JMP Securities initiated the shares of AXP in report on Tuesday, December 22 with "Market Perform" rating. Comerica Bancorporation owns 201,220 shares. [Full Article...]

US SC: grandparents, grandkids exempted from Trump travel ban

US SC: grandparents, grandkids exempted from Trump travel ban Justice Derrick Watson has ordered the #trump administration to allow refugees to work formally with a resettlement organization in the US. Watson ruled that grandparents and various other relatives should be exempted from the ban. It orders officials to "proceed to book travel for all refugees who already have an assurance and are otherwise cleared for travel". The Supreme Court rules that... [Full Article...]

Xact Kapitalforvaltning AB Increases Position in Realty Income Corporation (NYSE:O)

Xact Kapitalforvaltning AB Increases Position in Realty Income Corporation (NYSE:O) ECOM's SI was 257,800 shares in July as released by FINRA. It has outperformed by 11.57% the S&P500. UBS AG upgraded shares of SL Green Realty Corporation from a "neutral" rating to a "buy" rating and set a $117.00 price target on the stock in a research note on Thursday, July 13th. [Full Article...]

Lookout for Price Target? Freeport-McMoRan Inc. (FCX), Marathon Oil Corporation (MRO)

Analysts await IDEXX Laboratories, Inc. Cerner Corporation (CERN ) observed trading -1.08% away from the 20-day moving average and -0.49% off from its 50-day simple moving average. It turned negative, as 59 investors sold APC shares while 242 reduced holdings. 89 funds opened positions while 278 raised stakes. 686.04 million shares or 1.22% more from 677.77 million shares in 2016Q3 were reporte... [Full Article...]

Sears Shares Jump 17% On New Partnership With Amazon

Sears Shares Jump 17% On New Partnership With Amazon In a statement on the Kenmore deal Lampert said the company is continuously looking for ways to create additional value from the Sears' assets. Sears Holdings and Amazon have added Alexa functionality to Kenmore's smart appliances. "The launch of Kenmore products on Amazon.com will significantly expand the distribution and availability of the Kenmore brand in the USA", he said. [Full Article...]

BBCI: ExxonMobil fined by United States for Ukraine sanctions violations

BBCI: ExxonMobil fined by United States for Ukraine sanctions violations According to a penalty filed today by the Treasury Department, the presidents of Exxon's USA subsidiaries in 2014 signed eight agreements for oil and gas projects with Igor Sechin , the president of Russian state-owned oil company Rosneft and a close ally of Vladimir Putin. [Full Article...]

Does Kinder Morgan, Inc. (KMI)'s current closing price competes the market?

Does Kinder Morgan, Inc. (KMI)'s current closing price competes the market? Since the beginning of the calendar year, the stock is -2.75%. This is an increase over Kinder Morgan Inc's revenue of $3.14 billion in the second quarter of 2017. Stockholders of record on Monday, July 31st will be issued a $0.125 dividend. Kinder Morgan's dividend payout ratio is now 161.29%. "MA" was posted by Sports Perspectives and is the property of of Sports Perspectives. [Full Article...]

Shell Midstream Partners LP

With 323,100 avg volume, 2 days are for Dynex Capital Incorporated (NYSE:DX)'s short sellers to cover DX's short positions. The stock's market capitalization is 1.78B, it has a 52-week low of 19.95 and a 52-week high of 26.50. Raymond James Assoc invested 0.01% in Antero Midstream Partners LP (NYSE:AM). 981,652 were reported by Morgan Stanley. 7,620 were reported by Us National Bank De. [Full Article...]

Baynes, Morris Bring Backbone to C's Frontcourt | Boston Celtics

Baynes, Morris Bring Backbone to C's Frontcourt | Boston Celtics During two seasons with the Pistons, Morris averaged 14.1 points, 4.8 rebounds and almost a steal per game. Morris averaged 14 points last season in Detroit, where he was a mainstay in the starting lineup. In Morris' view, he can't be "upset" about ending up with the Celtics due to the identity of his favorite player: Paul Pierce . "There's definitely going to be trash talking, but at t... [Full Article...]

United Kingdom retail sales rebound in June

United Kingdom retail sales rebound in June Clothing sales were reported to have particularly benefited from the warmer weather, rising 0.4% month-on-month and 6.2% year-on-year. The ONS calculated it would add nearly 0.1% to overall output in the economy, which is tipped to have expanded at a better pace than the 0.2% recorded in the three months to March. [Full Article...]

Power Shift: Canadians buy Juneau electric company

Power Shift: Canadians buy Juneau electric company The companies said there will be no job losses as a result of the merger and customer rates will not be affected by any of the costs associated with the transaction. The company used to be majority owned by the government but has gradually been privatized under the leadership of Premier Kathleen Wynne, who has been criticized for the privatization drive. [Full Article...]

Mobile adds 1.3 million customers in Q2, continues to grab wireless share

Mobile adds 1.3 million customers in Q2, continues to grab wireless share While the decrease in churn for postpaid customers is an impressive accomplishment and a testament to T-Mobile's postpaid subscribers being happy with the service , it's hardly the only notable achievement. T-Mobile saw data volumes growing about 40 percent year-over-year, technology chief Neville Ray told analysts on a conference call last quarter. Wall Street was expecting to report second ... [Full Article...]

Goldman Sachs Group, Inc. (The) (GS) Stake Decreased by Focused Investors LLC

Goldman Sachs Group, Inc. (The) (GS) Stake Decreased by Focused Investors LLC It has outperformed by 22.53% the S&P500. Finally, Hollencrest Securities LLC boosted its position in Goldman Sachs Group, Inc. Jane Street Group Llc acquired 140,381 shares as Cae Inc (CAE)'s stock rose 0.90%. Its up 0.02, from 0.86 in 2016Q3. Want to see what other hedge funds are holding GS? The total number of Outstanding Shares is 409.3 Million. D E Shaw & Com reported 911,975 shares. [Full Article...]

Rafa Benitez says Ireland striker Murphy can leave Newcastle this summer

Rafa Benitez says Ireland striker Murphy can leave Newcastle this summer Newcastle United have completed the signing of Jacob Murphy from Norwich City for a reported fee of £12million. Murphy saw Newcastle beat Dutch side PSV Eindhoven 2-1 at St. "Last season with Norwich, none of the boys could hear each other", he said , in an interview with Newcastle's official website . Who would you like to see Newcastle sign? The Spaniard told the club's site: ... [Full Article...]

BNP Paribas Reiterates Neutral Rating for Man Group Plc (LON:EMG)

BNP Paribas Reiterates Neutral Rating for Man Group Plc (LON:EMG) The company has market cap of 2.95 billion GBP. As per Tuesday, October 4, the company rating was maintained by BNP Paribas. About 463,594 shares traded. The firm earned "Buy" rating on Tuesday, May 16 by Deutsche Bank. They now have a GBX 1100.00 target price on National Grid (LON:NG). The stock has "Hold" rating by HSBC on Tuesday, July 28. [Full Article...]

Wanda amends Sunan property deal

Wanda amends Sunan property deal Wanda had also agreed to procure a three-year 29.6 billion yuan loan to be advanced to Sunac through a designated bank at the bank's three-year benchmark interest rate. At a signing ceremony in Beijing, R&F's name is clearly visible alongside Wanda and Sunac as a strategic partner. Suning declined to comment further. [Full Article...]

What Euro Bulls Will Be Watching If Draghi Makes a Dovish Turn

What Euro Bulls Will Be Watching If Draghi Makes a Dovish Turn That is why Mr. Draghi is expected to stress the need for patience and prudence. That may include dropping a reference to its readiness to extend or expand its bond-buying program. No change in policy was expected from either monetary authority but investors were keen for any hints that the European Central Bank might subtly dial-back on then current guidance for quantitative easing at the Sep... [Full Article...]


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