Economy

Cedar Realty Trust, Inc. (NYSE:CDR) Announces Earnings Results, Meets Expectations

UBS Asset Management Americas Inc. increased its stake in Federal Realty Investment Trust by 4.7% in the fourth quarter. It has outperformed by 5.24% the S&P500. Nomura Hldg reported 9,159 shares. Finally, Nine Chapters Capital Management LLC increased its position in Arbor Realty Trust by 244.0% in the first quarter. [Full Article...]

DOD: Drone Strike Killed Senior al-Shabaab Leader

DOD: Drone Strike Killed Senior al-Shabaab Leader This is the latest in a series of United States military operations targeting al-Shabaab in recent months, with President Trump having granted commanders broad autonomy to launch strikes against the Islamist faction in the country. He used the Lower Shabelle region of Somalia, a known al-Shabaab safe haven, as a hub for these activities, officials said. Al-Shabaab militants were also known to ha... [Full Article...]

IShares MSCI Belgium Capped ETF (EWK) Sees AroonUp Showing Strong Upward Momentum

However, it is a weaker indicator of the United Kingdom economy than the FTSE 250, which weighs the 250 most actively traded stocks on the LSE. The "Aroon Indicator" is a popular member of the "Oscillator" family of technical indicators. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. The RSI is considered to be an internal strength indicator, not to be... [Full Article...]

Vodafone Group Plc (VOD)

Vodafone Group Plc (VOD) Sterneck Capital Management Llc increased Vodafone Group Plc New (VOD) stake by 1314.33% reported in 2016Q4 SEC filing. The Wealthtrust Axiom Llc holds 154,810 shares with $3.78M value, up from 122,134 last quarter. Moreover, Federated Investors Pa has 0.01% invested in Essentra PLC (LON:ESNT). Emerald Advisers Incorporated Pa holds 0% of its portfolio in Greencore Group plc (LON:GNC) for 10,232 s... [Full Article...]

North Korea to disclose stance on int'l pressure during ASEAN meetings

North Korea to disclose stance on int'l pressure during ASEAN meetings He has set aside the landmark decision and vowed to revisit it later in his term. What is the code of conduct in the South China Sea? In place of a legally binding code, Asean and China in 2002 settled for a mere declaration that called on all claimants to exercise restraint and stop new occupation of areas in the South China Sea.But China refused to turn it into a legally binding "code of con... [Full Article...]

Look out, Hyperloop startups: Elon Musk might finally be coming for you

Look out, Hyperloop startups: Elon Musk might finally be coming for you Out of the blue, Musk announced last month he would build a Hyperloop that would transport passengers from NY to Washington D.C.in 29 minutes. The plans for his "Boring Company" were previously limited to networks of tunnels under cities, but the new hyperloop project raised an interesting question: who will be building the hyperloop technology for the project? Musk's The Boring company... [Full Article...]

Avon Products, Inc. (AVP) Hits New 52-Week High

Avon Products, Inc. (AVP) Hits New 52-Week High In all for the second quarter the company reported adjusted earnings of 3 cents per share, down from 7 cents a year earlier. For a total return analysis, there is the 19.00% return on equity and the -0.50% return on assets to consider. [Full Article...]

Pot Company Wants to Turn California Town Into 'Cannabis-Friendly Municipality'

Pot Company Wants to Turn California Town Into 'Cannabis-Friendly Municipality' American Green, the Arizona based publicly traded penny stock company (ERBB - U.S. OTC), intends to invest as much as 2.5 million into the town over the coming years to update the buildings and tie into the massive Ivanpah solar array that was recently built and is located only 10 miles from the town. [Full Article...]

Venturi Wealth Management LLC Boosts Stake in The Kraft Heinz Company (KHC)

Venturi Wealth Management LLC Boosts Stake in The Kraft Heinz Company (KHC) Gateway Investment Advisers LLC boosted its position in The Kraft Heinz by 5.2% in the first quarter. Crestwood Advisors Group LLC acquired a new stake in The Kraft Heinz during the first quarter valued at approximately $109,000. Investors of record on Friday, August 18th will be given a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 2.89%. [Full Article...]

GoPro, Inc. (GPRO) Receives "Buy" Rating from JP Morgan Chase & Co

GoPro, Inc. (GPRO) Receives Cowen and Company reaffirmed a "hold" rating and set a $8.50 price objective on shares of GoPro in a research note on Thursday. Bank of America downgraded the shares of GPRO in report on Monday, November 7 to "Underperform" rating. During the same quarter in the previous year, the company posted ($0.52) earnings per share. Company fiscal year is ending in December and analysts' consensus rec... [Full Article...]

Traders Purchase High Volume of Wells Fargo & Call Options

Traders Purchase High Volume of Wells Fargo & Call Options The Arlington Value Capital Llc holds 666,568 shares with $34.89M value, down from 1.22 million last quarter. The average numbers of shares are traded in a security per day, during the recent 3-month period. This dividend represents a yeild of $2.91 which is the dividend as a percentage of the current share price. Wells Fargo &'s revenue was up.2% on a year-over-year basis. [Full Article...]

'Pharma Bro' Shkreli is convicted at securities fraud trial

'Pharma Bro' Shkreli is convicted at securities fraud trial Prosecutors said that he then looted the stock of Retrophin and cash from the young firm to pay off the hedge-fund investors who he had ripped off. Although U.S. Shkreli showed little emotion as the verdict was read, but outside the courthouse portrayed it as a victory, though he could face up to 20 years in prison for securities fraud . [Full Article...]

Yelp to sell Eat24 for $287.5 million, authorizes share repurchase

Yelp to sell Eat24 for $287.5 million, authorizes share repurchase William Blair maintained the shares of YELP in report on Thursday, May 11 with "Market Perform" rating. Among 42 analysts covering Yelp (NYSE:YELP), 21 have Buy rating, 4 Sell and 17 Hold. The legal version of this news story can be viewed at https://transcriptdaily.com/2017/08/04/pier-88-investment-partners-llc-has-528000-position-in-yelp-inc-nyseyelp-updated-updated.html. [Full Article...]

Activision Blizzard Announces 23% Advance In Q2 Profit

Activision Blizzard Announces 23% Advance In Q2 Profit FMR LLC now owns 112,040,404 shares of the company's stock valued at $5,586,335,000 after buying an additional 560,282 shares in the last quarter. The average volume for Activision Blizzard , Inc. Its down 0.31, from 1.39 in 2016Q3. 106 funds opened positions while 193 raised stakes. Operating income reported during the quarter was $339 million. [Full Article...]

Former VW Compliance Executive Pleads Guilty in Emissions Case

Former VW Compliance Executive Pleads Guilty in Emissions Case In accepting a plea deal from U.S. federal officials, Schmidt will only plead guilty to two charges: conspiracy to defraud the U.S. government and violate the Clean Air Act, and making a false statement under the Clean Air Act. In return for pleading guilty, prosecutors dropped most of the counts against Schmidt. That includes VW's agreement to pay US$4.3 billion in penalties to resolve the fede... [Full Article...]

European Union slaps new sanctions on Russian Federation over Crimea turbines

European Union slaps new sanctions on Russian Federation over Crimea turbines Kaeser recognised that "not everything is flawless at Siemens", acknowledging the company's crisis over gas turbine deliveries to Crimea. The EU has placed targeted sanctions on more than 150 mainly Russian officials and 40 entities, imposed broad economic sanctions on Russia and banned a wide range of economic ties with firms in Crimea and Sevastopol. [Full Article...]

Bill Ackman builds 8% stake in ADP

Bill Ackman builds 8% stake in ADP Automatic Data Processing will be ending its nomination process for the board members on August 10, 2017. ADP shares in 2017 weren't lighting the world on fire - they were basically flat until July 26 when a media report said Ackman was buying up a stake in the company. [Full Article...]

Anchor Steam Beer Sold to Sapporo, Plans for Expansion

Anchor Steam Beer Sold to Sapporo, Plans for Expansion The deal will be completed by the end of the month and there are no plans to move the brewer from its current site in San Francisco. "Of all the people we spoke to, [Sapporo] respected Anchor the most, what it stood for and the importance of its connection with San Francisco". [Full Article...]

Bengaluru police arrest Ola engineer for illegally accessing Aadhaar data

Bengaluru police arrest Ola engineer for illegally accessing Aadhaar data The ability of a software engineer to bypass strict protocols set in place by the Unique Identification Authority of India ( UIDAI ) to access critical data puts the spotlight firmly on the security measures employed to protect Aadhaar data in the country. [Full Article...]

Playtech (LON:PTEC) Broker Price Targets

Playtech (LON:PTEC) Broker Price Targets Panmure Gordon maintained it with "Hold" rating and GBX 600 target in Thursday, May 4 report. 02/08/2017 - Playtech had its "Buy" rating reiterated by analysts at Investec Securities. Acacia Mining plc is primarily engaged in the business of mining, processing and sale of gold. The company has market cap of $5.78 billion. It has a 86.02 P/E ratio. [Full Article...]


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