Economy

GDP hits 3%, crushing estimates

GDP hits 3%, crushing estimates The US central bank is expected to increase interest rates for a third time this year in December. "Despite the first estimate of US GDP for the third quarter showing a strong print, the reality is quite different". Administration officials have said the tax cuts will spur faster growth and the faster growth will erase much of the cost of the tax cuts. The economic recovery since the 2007-2009... [Full Article...]

JC Penney Company, Inc. (JCP), Parsley Energy, Inc. (PE) — Traders Focused Stocks

For the past 5 years, Range Resources Corporation's EPS growth has been almost -65.8%. The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, "New Concepts in Technical Trading Systems". Thanks to a rise of nearly 4.87% in the past five days, the stock price is now down -55.96% so far on the year - still in weak territory. Growth in earnings per shar... [Full Article...]

TfL's contactless fare system to be used in NY subway

TfL's contactless fare system to be used in NY subway The system, which CTS said will be similar to that of London's Tube, will also include a customer interface available through mobile devices that will replace functionality now offered through ticket vending machines. The MTA will test its first systems with all-door boarding Select Bus Service routes. To ease the transition, people will still be able to use the current MetroCard through 2023. [Full Article...]

UAW Files Complaint On Behalf Of Fired Tesla Inc (TSLA) Factory Workers

UAW Files Complaint On Behalf Of Fired Tesla Inc (TSLA) Factory Workers International Union said on Thursday it filed a complaint against electric carmaker Tesla Inc on behalf of the company's terminated workers. Though Tesla was quick to point out at the time that these firings were purely performance-related, the UAW isn't buying it. [Full Article...]

Boston Scientific's 3Q sales, earnings grow despite Puerto Rico plant shutdown

Boston Scientific's 3Q sales, earnings grow despite Puerto Rico plant shutdown Therefore 79% are positive. Boston Scientific Corporation has a 12 month low of $19.67 and a 12 month high of $29.93. $28.47's average target is -1.21% below currents $28.82 stock price. Its up 0.14, from 0.89 in 2017Q1. It increased, as 41 investors sold Boston Scientific Corporation shares while 173 reduced holdings. 56 funds opened positions while 165 raised stakes. [Full Article...]

CVS Health Corporation (CVS) Position Decreased by KBC Group NV

CVS Health Corporation (CVS) Position Decreased by KBC Group NV Greenleaf Tru invested 0.01% in CVS Health Corp (NYSE:CVS). Bridgeway Cap Management Inc holds 59,200 shares or 0.08% of its portfolio. Cullen Cap Management Limited Liability stated it has 0.02% in CVS Health Corp (NYSE:CVS). The stock was sold at an average price of $83.07, for a total transaction of $20,032,330.50. Toth Financial now owns 94,126 shares of the pharmacy operator's stock value... [Full Article...]

HC dismisses plea to revoke censor certificate for Vijay film

HC dismisses plea to revoke censor certificate for Vijay film Speaking exclusively to India Today Television, CBFC chief Prasoon Joshi said that the Telugu version of Mersal , titled Athirindhi, has been cleared without any cuts. And now, according to TV reports on CNN-News 18, the Madras High Court , on 27 October, dismissed the plea and backed the film. The producers have not indicated the new release date." Mersal ", starring Vijay , released on... [Full Article...]

Bristol-Myers Squibb Co (BMY) Stock Falls on Earnings Miss

The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. It has underperformed by 39.89% the S&P500. $439,365 worth of Arthur J Gallagher & Co (NYSE:AJG) was sold by Ziebell William F. The insider HOWELL DOUGLAS K sold $1.18M. Bnp Paribas Arbitrage Sa has 1,163 shares. [Full Article...]

Olivia Colman Will Play Queen Elizabeth II on The Crown

Olivia Colman Will Play Queen Elizabeth II on The Crown The reason behind this recasting is the inevitable time jump Season 3 will bring, as Queen Elizabeth transitions out of her youth and into middle age. In the last several months, Colman was heavily rumored to be the next star of Doctor Who until Jodie Whittaker was officially announced as the Thirteenth Doctor, replacing Peter Capaldi. [Full Article...]

Bound flights face new screenings

Bound flights face new screenings The exact methods may change depending on the airport, airlines, and country of departure. Hong Kong-based Cathay Pacific Airways Ltd. said on its website that it had suspended self-drop baggage and downtown check-in services for passengers heading to the USA, who "will be subject to a short security interview" when checking their luggage. [Full Article...]

AB InBev earnings hit by sluggish sales of Bud Light and Budweiser

AB InBev earnings hit by sluggish sales of Bud Light and Budweiser The consensus recommendation for stock is 2.40. Other hedge funds have also made changes to their positions in the company. Raab & Moskowitz Asset Management LLC lifted its holdings in shares of Anheuser-Busch Inbev SA by 0.3% in the 2nd quarter. [Full Article...]

CEO of opioid manufacturing company Insys arrested on fraud charges

CEO of opioid manufacturing company Insys arrested on fraud charges The officials are charged with conspiring to bribe medical practitioners in various states, many of whom operated pain clinics, to get them to prescribe Subsys, according to the announcement form the U.S. The statement said the Federal Bureau of Investigation will thoroughly investigate such business practices that ignore a patient's safety to drive up profits. [Full Article...]

Uber brings in new feature

Uber allows you to be in control of your taxi ride via your iPhone and Apple Watch. Addresses can be added or removed while you're in the middle of a ride as well (although that sounds like a quick way to irritate your driver) and will be updated in real time with your driver's driving directions. [Full Article...]

Celgene Corporation (NASDAQ: CELG)

They presently have a $160.00 price target on the biopharmaceutical company's stock . Different analysts and financial institutions use various valuation methods and consider different economic forces when deciding on a price target. A moving average can help cut down the amount of "noise" on a price chart. Jefferies maintained the shares of CELG in report on Sunday, October 15 with "Buy" ratin... [Full Article...]

Google Shoots To All-Time High After Beating Earnings Views

Google Shoots To All-Time High After Beating Earnings Views Revenues rose 23.7% from previous year to $27.77 billion, also beating analysts' view for $27.17 billion consensus. Karp Capital Management Corp lifted its holdings in Alphabet by 5,218.2% in the 1st quarter. They noted that the move was a valuation call. Alphabet had a return on equity of 14.74% and a net margin of 22.00%. One investment analyst has rated the stock with a sell rating, eight h... [Full Article...]

Waymo starts testing in MI to master snow and ice

Waymo starts testing in MI to master snow and ice But it won't be Waymo's first foray on dangerously snowy streets: the company has previously tested its vehicles in winter conditions outside Lake Tahoe. "This type of testing will give us the opportunity to assess the way our sensors perform in wet, cold conditions", Krafcik wrote for an upcoming blog post. [Full Article...]

Amazon Counters Walmart Delivery with New "Amazon Key"

Amazon Counters Walmart Delivery with New Maybe I'm a sucker for Amazon, or just don't care about privacy, or more likely I just like to try new stuff. Amazon officials must have guessed people might be apprehensive about letting strangers in when they're not home because the company is rolling out a bundle of security features with its new service . [Full Article...]

Ford Motor Company, Twitter, American Airlines and more - PRE-MARKET

Ford is seeing strong demand for the most expensive packages - Lariat, King Ranch, Platinum - in the Super Duty trucks - and the Raptor performance version. Ford Motor's dividend payout ratio (DPR) is now 63.16%. ILLEGAL ACTIVITY NOTICE: This story was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. [Full Article...]

Billionaire wealth shatters $6tr barrier for first time

Billionaire wealth shatters $6tr barrier for first time The growth in the world's billionaires is way more than the growth of stock markets and global economic growth. China's new billionaires helped boost Asian membership of the ultrawealthy club to 637 past year, compared to 563 in the US, according to the firms' annual Billionaires Insight Report. [Full Article...]

Based American Airlines 'Eager To Meet' With NAACP After Travel Warning

In an interview with the Associated Press , NAACP CEO Derrick Johnson said that they aren't telling people to boycott American Airlines but to be on "alert" after a certain pattern of behavior. "We expect an audience with the leadership of American Airlines to air these grievances and to spur corrective action". Parker said such incidents are "very rare events" and that American Airlines staff ... [Full Article...]


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