Economy

U.S. manufacturing activity in September grows at fastest pace since 2004

U.S. manufacturing activity in September grows at fastest pace since 2004 Of the eighteen manufacturing industries, seventeen reported growth, while one, Furniture & Related Products, reported contraction. The Inventories Index registered 52.5%, a decrease of three percentage points from the August reading. The August figure is 2.5% above the level from the same time a year ago. WTI light sweet crude oil was down $1.24 to $50.43 a barrel, sliding from a recent 4-month... [Full Article...]

GM to introduce two new electric cars in the next 18 months

GM to introduce two new electric cars in the next 18 months GM has previously announced plans to make some of its future electric vehicles capable of driving themselves in robot taxi fleets. GM's announcement comes two days before rival Ford Motor Co is scheduled to roll out a new strategic plan, and as Tesla ramps up production of its high-volume Model 3 electric sedan. [Full Article...]

New York City Brings Down 78-Year-Old Bridge

New York City Brings Down 78-Year-Old Bridge The middle section of the bridge had been removed in July. The 78-year-old Kosciuszko Bridge was blown up Sunday morning , using a process called energetic felling. A second span is expected to open in 2020 to accommodate the traffic passing between Brooklyn and Queens. Today, AP employs the latest technology to collect and distribute content - we have daily uploads covering the latest and br... [Full Article...]

United Kingdom manufacturing growth slows but exports still strong

United Kingdom manufacturing growth slows but exports still strong Production growth was broad-based with expansions in the consumer, intermediate and investment good categories. Higher new orders contributed to capacity pressures, as signalled by a further rise in backlogs of work. Exports recovered (rising to 51.2 points) after a mild contraction in August (49.3 points). Delivery times shortened for the first time in seven months during September, albeit frac... [Full Article...]

Rite Aid Corporation (RAD) Given Hold Rating at Loop Capital

Rite Aid Corporation (RAD) Given Hold Rating at Loop Capital It has underperformed by 71.88% the S&P500. Among 5 analysts covering CoStar Group ( NASDAQ:CSGP ), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 75% are positive. Honeywell International Inc (NYSE:HON) was raised too. Deutsche Bank AG reiterated a "hold" rating and set a $6.50 target price (down previously from $9.00) on shares of Rite Aid in a report on Monday, March 6th. [Full Article...]

5 ways Donald Trump's tax plan would benefit Donald Trump

5 ways Donald Trump's tax plan would benefit Donald Trump Donald Trump's "once-in-a-lifetime" plan to cut taxes for " average Americans" would mainly benefit the richest 1% and deliver only modest cuts for most USA households, according to an independent analysis released on Friday. You would think that after this failure , Republicans would try a different strategy to sell their latest plan, an ambitious bid for tax cuts. "His goals are to ... [Full Article...]

UK PM May faces new tensions before Conservative conference

UK PM May faces new tensions before Conservative conference Mrs May insisted her Cabinet is "united" behind her vision for Britain, however she sidestepped the question of whether Mr Johnson was "unsackable", saying that the Foreign Secretary was "absolutely behind" the plan for Brexit which she set out in a speech in the Italian city of Florence last week. [Full Article...]

Health Insurance Innovations, Inc. (HIIQ), Zynerba Pharmaceuticals, Inc. (ZYNE)

It has underperformed by 16.70% the S&P500. A recommendation of 1 or 2 would represent a consensus Buy. HIIQ's profit will be $6.08M for 9.80 P/E if the $0.37 EPS becomes a reality. Investors sentiment decreased to 1.63 in Q2 2017. Its down 1.20, from 2.83 in 2017Q1. They expect $0.37 earnings per share, up 12.12% or $0.04 from last year's $0.33 per share. [Full Article...]

Walgreens Boots Alliance, Inc. - WBA - Stock Price Today

They expect $1.38 earnings per share, up 10.40% or $0.13 from last year's $1.25 per share. Wellington Management Group LLP now owns 32,846,862 shares of the pharmacy operator's stock worth $2,727,932,000 after purchasing an additional 1,824,300 shares during the last quarter. [Full Article...]

United States race into the lead after first day of Presidents Cup

United States race into the lead after first day of Presidents Cup Dustin Johnson and Matt Kuchar, United States , def. Adam Scott and Adam Hadwin, International, 4 and 3. It never eventuated, however, with Patrick Reed and Jordan Spieth overcoming a controversial ruling at the 12th hole to beat Louis Oosthuizen and Jason Day 2&1. [Full Article...]

Accenture PLC (NYSE:ACN) Given Neutral Rating at Robert W. Baird

The Company provides management and technology consulting services. Over the last quarter, insiders have sold 20,582 shares of company stock worth $2,634,573. It increased, as 49 investors sold ACN shares while 348 reduced holdings. Parsons Capital Management RI has an ownership of 27,930 stocks of the information technology services provider's shares valued at $3,348,000 after scooping up an extr... [Full Article...]

Donald Trump Makes Himself the Victim in the Puerto Rico Crisis

Donald Trump Makes Himself the Victim in the Puerto Rico Crisis Mayor Cruz , who has been living in a hurricane shelter since her home was destroyed in the storm, had previously accused the USA of "killing" Puerto Rico with inefficiency, and asked Trump to "make sure somebody is in charge that is up to the task of saving lives". [Full Article...]

Man shot at French rail station kills two

Man shot at French rail station kills two Later reports said the victims had been ordinary passersby. The assailant was shot dead by soldiers who were patrolling inside the station. French interior minister Gerard Collomb has said he will travel immediately to the scene. The knifeman is believed to have shouted "Allahu Akbar" (God is Greatest) before assaulting passers-by, a source close to the investigation told AFP on condition of a... [Full Article...]

Digital Realty Trust Inc

Digital Realty Trust Inc The stock rose 0.02% or $0.02 reaching $81.28. It has outperformed by 7.20% the S&P500. Ubs Asset Mngmt Americas has invested 0% in Vornado Realty Trust (NYSE:VNO). For the past 5 years, Digital Realty Trust, Inc.'s EPS growth has been almost 10.8%. Thrivent Financial For Lutherans decreased Paypal Holdings Inc stake by 402,284 shares to 4.13M valued at $221.51M in 2017Q2. [Full Article...]

How Many Legal & General Group Plc (LON:LGEN)'s Analysts Are Bearish?

How Many Legal & General Group Plc (LON:LGEN)'s Analysts Are Bearish? Deutsche Bank AG dropped their target price on shares of Informa Plc from GBX 795 ($10.16) to GBX 790 ($10.10) and set a "buy" rating on the stock in a report on Thursday, March 23rd. It has underperformed by 16.70% the S&P500. Clear Harbor Asset Limited Liability Corp holds 0.11% of its portfolio in 3i Group plc (LON:III) for 137,040 shares. [Full Article...]

FBI Investigation, Charges Rock College Basketball World

FBI Investigation, Charges Rock College Basketball World The difference in paid and unpaid leave is a difference in contracts with Pitino and Jurich. The Board of Trustees unanimously agreed with both decisions. During his almost 30-year coaching career, he has won 770 games at the college level, two national championships and made seven Final Fours. But the 65-year-old has come under fire a couple of times in his tenure at Louisville , first w... [Full Article...]

Cohen & Associates LLC Trims Holdings in Wells Fargo & Company

About 9,896 shares traded. It has underperformed by 7.03% the S&P500. Raffles Associates Lp decreased its stake in Aercap Holdings Nv (AER) by 7.26% based on its latest 2017Q2 regulatory filing with the SEC. The stock of Stag Industrial Inc (NYSE:STAG) has "Buy" rating given on Wednesday, August 2 by Ladenburg. Vetr upgraded Wells Fargo & from a "sell" rating to a "hold" rating and set a $53... [Full Article...]

Boris Johnson increases pressure on May with fresh Brexit intervention

Ruth Davidson has taken aim at Boris Johnson on the eve of the Tory party conference by calling for "serious people" to take charge of Brexit . In addition to a two-year maximum transition, he said the United Kingdom should not accept new EU or European Court of Justice rulings during transition, must not make payments for single market access when the transition ends, and should not agree to... [Full Article...]

Air France flight to Los Angeles diverted after engine damage

Air France flight to Los Angeles diverted after engine damage The engine was made by Engine Alliance, a joint venture between General Electric Co and United Technologies Corp's Pratt & Whitney unit. One passenger recalled the incident to the New York Daily News , saying, "We heard a big popping sound, and the airplane basically dropped, and it was trembling". [Full Article...]

Southwest shares slump after airline says hurricanes will hurt earnings

Southwest shares slump after airline says hurricanes will hurt earnings US property and casualty insurer Chubb Ltd on estimated after-tax losses of up to $1.28 billion from hurricanes Harvey and Irma and Allstate Corp estimated pre-tax catastrophe losses of $593 million, net of reinsurance recoveries, for August. [Full Article...]


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