Economy

ADP Reports 253000 Rise in Private Payrolls in May

ADP Reports 253000 Rise in Private Payrolls in May Friday morning, the Labor Department is scheduled to release its more closely watched employment report, which includes both public and private sector jobs. Companies accelerated their hiring last month, adding a robust 253,000 net new jobs in a sign the labor market remains healthy and the economy is strengthening after a weak winter. [Full Article...]

Lululemon Athletica inc. (LULU) Issues FY18 Earnings Guidance

Lululemon Athletica inc. (LULU) Issues FY18 Earnings Guidance The company will also close all of its Ivivva-branded showrooms and other temporary locations, and will streamline its corporate infrastructure. At recent closing price of $13.61, GG has a chance to add $4.18 or 30.71% in 52 weeks, based on mean target price ($17.79) placed by analysts.The analyst consensus opinion of 2.5 looks like a hold. [Full Article...]

Dunkin' Donuts' National Donut Day TraDDition: Free Donut Offer on June

Many doughnut shops will be offering deals. Honey Dew Donuts Honey Dew customers who buy a medium beverage or larger will receive a free "coco loco" doughnut, a doughnut made with chocolate almond-flavored frosting and sprinkled with both coconut and chocolate. [Full Article...]

NEXT plc (NXT) Upgraded to Buy at Investec

The stock has a 50 day moving average price of GBX 4,279.34 and a 200-day moving average price of GBX 4,335.61. Vitec Group plc has a 52-week low of GBX 485.00 and a 52-week high of GBX 941.00. Analysts await Paragon Group of Companies PLC (LON:PAG) to report earnings on July, 27. Finally, Numis Securities Ltd restated an "add" rating and set a GBX 135 ($1.76) price objective on shares of Hansteen... [Full Article...]

Comey OK'd to testify; House committee issues subpoenas

Former US National Security Adviser Michael Flynn has agreed to provide some of the documents requested by a congressional intelligence committee as part of the probe into allegations of his Russian Federation ties. Farage said on Twitter it had taken him a long time to read the Guardian article because he was "laughing so much at this fake news". "I declined the invitation to participate ... [Full Article...]

Walmart testing store employee delivery of US online orders

Walmart testing store employee delivery of US online orders RBC Capital Markets initiated Wal-Mart Stores Inc (NYSE: WMT ) on Tuesday, May 3 with "Underperform" rating. BMO Capital "Upgrades" Wal-Mart Stores (NYSE:WMT) in a research note issued to investors on 5/19/17 to Market Perform with price target of $0. [Full Article...]

Hong Kong disagrees with Moody's downgrade

Moody's changed Hong Kong's outlook to stable from negative, denoting that the risks to the city's rating are balanced. Economy-wide debt in China is continuing to rise as "potential growth" slows , said the ratings agency. "It overestimated the difficulties that the Chinese economy is facing", the ministry said in a statement , adding that the government's debt ratio past year was 36.7 p... [Full Article...]

Moody's downgrades Hong Kong after China ratings cut

Moody's downgraded China's credit rating by one notch, from Aa3 to A1, while also changing its outlook from "negative" to "stable". China's Finance Ministry said the downgrade, Moody's first for the country since 1989, overestimated the risks to the economy and was based on "inappropriate methodology". [Full Article...]

35th America's Cup off to a smashing start

35th America's Cup off to a smashing start Softbank Team Japan has already confirmed they will be back racing on day two. Damage was sustained to both boats, with the Olympic legend's boat taking on water after the incident. "It is just a shame we couldn't repay them in the races today". "However, I'm extremely proud of the way the whole team regrouped from that defeat and fixed everything in an nearly ideal race against ORACLE TEAM USA"... [Full Article...]

How Many Tyman PLC (LON:TYMN)'s Analysts Are Bearish?

Therefore 75% are positive. Tyman had 55 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Seadrill Ltd (NYSE:SDRL) earned "Hold" rating by ValuEngine on Monday, May 29. Independent Investors Inc holds 22.22% of its portfolio in Apple Inc. for 414,683 shares. Select Sector Spdr (XLK) was raised too. They now have a GBP 300.00p price target on the stock. [Full Article...]

OPEC and other nations poised to extend output cuts

The oil price plunge has brought rival producers Russian Federation and Saudi Arabia together to look for solutions to rising supplies and falling prices. US light crude was 90 cents lower at $50.46. Many of them rely heavily on energy revenues and have had to burn through foreign-currency reserves to plug holes in their budgets. [Full Article...]

Asian shares mixed as oil's fall counters Wall Street gains

Minister in Prime Minister's Department Datuk Seri Abdul Rahman Dahlan, after a meeting between OPEC and non-OPEC countries in Vienna , Austria yesterday, said this was part of its effort to stabilise global oil prices. US crude sank almost 4.8 percent on Thursday on disappointment that OPEC and the other producers weren't more aggressive in extending their output cuts. [Full Article...]

Trump Preparing to Roll Back Birth Control Mandate for Employers

Trump Preparing to Roll Back Birth Control Mandate for Employers And The New York Times noted the contraceptive coverage was one of the most contentious Obama administration policies in the Affordable Care Act . This would widen the exemption to apply to any company from a small, religiously affiliated business to a large, publicly traded company. The CDC reported in 2009 that contraception use wasn't exactly lacking: "Contraceptive use in the United S... [Full Article...]

Offshore driller Ensco to buy Atwood Oceanics in $839 million deal

Offshore driller Ensco to buy Atwood Oceanics in $839 million deal The original version of this news story can be read at https://www.themarketsdaily.com/2017/05/30/old-mutual-global-investors-uk-ltd-sells-1375584-shares-of-atwood-oceanics-inc-atw-updated-updated-updated.html. will post ($0.41) EPS for the current year. The rating was initiated by KLR with "Hold" on Monday, December 14. Clarksons Platou downgraded the shares of ATW in report on Wednesday, October... [Full Article...]

Jeremy Paxman hits May with brutal Brexit 'blowhard' jibe

However May was asked if joke was "demeaning the great office of prime minister" with her "personal attacks" on the Labour leader. Emma Barnett, host of the BBC show, later suffered abuse on Twitter from people who appeared to be supporters of Corbyn. [Full Article...]

OPEC considering to cut back their oil output until March 2018

US crude production has climbed 10 percent since mid-2016 to 9.3 million barrels per day as shale producers have taken advantage of higher prices to boost activity. Russian Federation and Saudi Arabia have put messages out saying they might be interested in continuing the OPEC cuts until March 2018. In figures reported last Friday, oilfield servcies firm Baker Hughes said USA drillers added 9 o... [Full Article...]

Trump to announce decision on Paris Accord over next few days

Trump to announce decision on Paris Accord over next few days Under the terms of the agreement , signatories committed to "holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels". [Full Article...]

'Foiling' America's Cup due to set sail Saturday in Bermuda

'Foiling' America's Cup due to set sail Saturday in Bermuda On June 3, the last-ranked challengers will be eliminated and the remaining four challengers will move on to the semi-finals and final for the chance to take on Team USA. We put up a strong challenge and matched them throughout the race but they just edged us in the end. "No disrespect to Franck, but I think Artemis is a team that the bookies would have had odds-on to win that race, and Franck and... [Full Article...]

IShares MSCI BRIC (BKF) Declines 0.98% for May 31

Typically, the lower the value, the more undervalued the company tends to be. Investors may be looking at the Piotroski F-Score when doing value analysis. More notable recent iShares MSCI ACWI Index Fund (NASDAQ:ACWI) news were published by: Nasdaq.com which released: "Balentine LLC Buys iShares MSCI ACWI Index Fund, Qualcomm Inc, National ..." on May 12, 2017, also Marketwatch.com with their arti... [Full Article...]

Canada's Economy Grows 3.7% on Domestic Demand: Takeaways

Canada's economy grew at a more-than-expected 0.5 percent pace in March, on the back of higher manufacturing. "It's not a big change, but every turn of the screw helps", Porter said. It suggested a further tightening of tax-based measures to mitigate speculative investment in the housing sector and called for greater co-ordination between federal and provincial regulators. [Full Article...]


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