Economy / 807

Sydney slowdown leads to sluggish house price growth

September 01, 2017

CoreLogic head of research Tim Lawless said a flat month for Sydney contributed to the sluggish growth. Sign up here for free access to 7 articles per month + twice daily business email alerts. The only capital cities which saw their property values drop last month were Perth and Darwin - a consistent trend in recent years. But over the past year, when it comes to capital cities, record low rental yields were seen in Melbourne and Sydney - 2.9 and 3 per cent respectively.

Stock Check For Nuveen Municipal Value Fund Inc (NUV)

September 01, 2017

Values can range from 0 to -100. In general, if the indicator goes above -20, the stock may be considered overbought. Overbought values are 70 to 100 and investors might look to sell rallies in downtrends when the signal line crosses down from above 80 to below 80.

Harvey victims urged to file insurance claims fast

September 01, 2017

The law in question is Texas House Bill 1774 , which the Republican-majority Texas legislature passed during its most recent legislative session. Harvey will be the first test of a controversial new Texas insurance law that takes effect Friday.

Toronto gas prices expected to hit $1.32 on weekend

September 01, 2017

At the start of the week, prices were about $1.14 a litre. Depending on the assessment of damages at the Texas refineries, McTeague said drivers could be looking at sustained high prices through September and into October. Several U.S. oil refineries have shut down, cutting refining output by over 25%. Now there is no indication the refineries have been damaged by the hurricane or resulting flooding.

Gas prices rising in Athens amid fears of shortage

September 01, 2017

According to AAA Director of Marketing/Public Relations for Northern Pennsylvania Nina Waskevich, that spike is the byproduct of 10 oil refineries in southeastern Texas closing because of Harvey. "Prices will likely rise almost country wide heading into Labor Day, from rural towns in the Rockies to major cities in the Midwest and West Coast- almost everyone will feel a bit of a pinch at the pump from Harvey.

Fizzling out? What's Behind the Numbers For DHX Media Ltd (DHXM)

September 01, 2017

The interpretation is similar to MACD including buying when the oscillator crosses through the zero line to the upside and selling when it crosses back below. The CCI was created to typically stay within the reading of -100 to +100. Traders may also use the reading to identify overbought/oversold conditions.

Comcast Holdings ZONES (NYSE:CCZ) Trading Volume Significantly Lower

September 01, 2017

The firm has a market cap of $191.46 billion, a price-to-earnings ratio of 20.46 and a beta of 1.01. (NASDAQ:LONE) has 0.00% since August 31, 2016 and is. Riverpoint Capital Ltd Llc has 0.12% invested in Bank of America Corp (NYSE:BAC). Spc reported 4,765 shares stake. Prudential has 285,320 shares. Howe And Rusling holds 76,118 shares.

InterContinental Hotels Group PLC (IHG) Rating Reiterated by Barclays PLC

September 01, 2017

About 136,917 shares traded. About 91,342 shares traded. NYX Gaming Group Ltd (CVE:NYX) has 0.00% since August 29, 2016 and is. It has underperformed by 60.56% the S&P500. OPKO Health, Inc.is a healthcare company. The company has market cap of $1.41 billion. The Company's divisions include Pharmaceutical, Diagnostics and Corporate.

Institutional Transaction Update on Westlake Chemical Corporation (NYSE:WLK) Shares

September 01, 2017

Scout Investments Inc. owned approximately 0.26% of Westlake Chemical Corporation worth $22,051,000 at the end of the most recent reporting period. Zooming out to the 200-day moving average, shares have been seen trading -6.61% away from that value.

Royal Dutch Shell PLC (RDSB.L) Technicals In Review

September 01, 2017

The company was downgraded on Thursday, August 20 by Zacks. Macquarie Research has "Neutral" rating and GBX 2150 target. The firm earned "Hold" rating on Friday, September 4 by Cantor Fitzgerald. The company has market cap of $230.62 billion. It operates in three segments: Upstream, Downstream and Corporate. It has a 26.46 P/E ratio. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural ...

Has demonetisation tackled black money? Finance Ministry explains in four points

September 01, 2017

With the return of the money, the anonymity associated with cash has gone, he said, adding the tax department is scrutinising 18 lakh bank accounts with unusual deposits post note ban. IT department also investigating people and clusters with suspect transactions. Advance data analytics tools were deployed which further identified 5.56 lakhs new cases and about 1 lakh of those cases in which either partial or no response was received in the earlier phase.

Which Analysts Are Watching Senior Housing Properties Trust (NASDAQ:SNH)?

September 01, 2017

About 90,076 shares traded. Bank of New York Mellon Corp's holdings in Senior Housing Properties Trust were worth $83,158,000 at the end of the most recent quarter. With an institutional ownership near 0%, it carries an earnings per share ratio of 0.69. Wespac Ltd Liability owns 10,059 shares. Campbell & CO Investment Adviser LLC purchased a new stake in Senior Housing Properties Trust during the second quarter worth approximately $205,000.

European Union introduces on-road emission testing of cars

September 01, 2017

This new procedure is an aftermath of the Volkswagen emissions scandal of 2015. Secondly, in a world first, new models being developed for sale in the United Kingdom will also need to prove their air quality credentials by passing a brand new Real Driving Emissions (RDE ) test using portable emissions measurement (PEMS) equipment.

Deadline for linking Aadhaar to PAN extended till Dec 31

September 01, 2017

Experts are of the opinion that the extension given is in line with the ongoing petition in the Supreme Court with reference to making Aadhaar mandatory for availing different incentives and subsidies from the government. December 31 is also the last day to link Aadhaar with bank accounts. The deadline for linking PAN with Aadhaar previously was July 31 but was extended to August 31 .

Merger talks between Smith & Williamson and Rathbones end with no deal

September 01, 2017

Reports emerged on 21 August that Smith & Williamson, the UK's eighth largest accountancy firm and also a wealth manager, was negotiating a deal to combine with Rathbones and create a £2bn company. This is underlined by the strong results we published for the year to 30 April 2017. A statement from Smith & Williamson said its directors had been preparing the company for a potential stock market listing, and during the process had been approached by Rathbones.

Hurricane Harvey forces mother and premature newborn 400 miles apart

September 01, 2017

Mom Irma Rodriguez said she hadn't picked a name for her son before going into labor. As Hurricane Harvey drew closer, John LaRue, a Reading native, prepared the Port of Corpus Christi, Texas, which he oversees, for the worst. Some families weren't able to travel, and they haven't seen their babies since they were brought to North Texas. And Hurricane Harvey forced them out of the hospital.

Marvell Technology Group's (MRVL) "Market Perform" Rating Reiterated at BMO Capital Markets

September 01, 2017

Marvell Technology Group had 88 analyst reports since August 5, 2015 according to SRatingsIntel. The target implies a 44.76% spike from where the shares are now trading. (NASDAQ:MRVL). Investors sentiment increased to 1.15 in Q4 2016. Its up 0.06, from 1.09 in 2016Q3. 71 funds opened positions while 95 raised stakes.

Brixmor Property Group Inc. (NYSE:BRX) Experiences Heavier than Usual Trading Volume

September 01, 2017

In the latest earnings report the EPS was $0.98 and is expected to be $0.86 for the current year with 304,935,000 shares presently outstanding. A 8 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE: BRX ) or, if they already own its stock, sell it.

Dow-DuPont Merger Now Official

September 01, 2017

You will no longer be able to buy or trade individual shares in either company. The next challenge will be to split the company up again over the next 18 months. The company will maintain their headquarters in MI and Delaware. First announced at the end of 2015, the two companies have had to clear regulatory hurdles not only here in the U.S., but around the world.

Saab to tie up with Adani Group to build fighter jets

September 01, 2017

The partnership will pose direct competition to United States defence giant Lockheed Martin and French aircraft manufacturer Dassault who have tied up with Tata and Reliance respectively. The ministry also plans to issue an expression of interest to local firms over the next three to four months to collaborate with foreign original equipment manufacturers under a strategic partnership to produce approximately 120 fighter jets valued at approximately $18 billion.

Rothschild Investment Corp IL Has $4.15 Million Stake in Intel Corporation

September 01, 2017

GMP Securities initiated the shares of EOG in report on Wednesday, February 3 with "Buy" rating. Central Bank & Trust Co increased Intel Corp (INTC) stake by 76.19% reported in 2016Q4 SEC filing. Seven investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the stock.

Flooding triggers explosions at Arkema chemical plant

September 01, 2017

Firefighters in the U.S. state of Texas on Thursday began a block-by-block search for survivors in some of Houston's most devastated areas while fires at a Crosby chemical plant and a water crisis in Beaumont reflected the complicated process of restoring normalcy to the battered region.

Indivior plunges after court ruling on patents

September 01, 2017

Presiding Judge Richard Andrews said Indivior did not show that Dr Reddy's infringes the asserted claims of the patent, that Dr Reddy's proposed version uses different process to make its film, though he had previously said other generic-drug makers Watson and Par infringe Suboxone patents.

BB&T Corporation (NYSE:BBT) Short Interest increased by 10.39% - Shares Trading Up

September 01, 2017

Insiders have sold a total of 55,610 shares of company stock worth $2,618,364 in the last 90 days. The number of shares now owned by investors are 808.09 mln. Its down 0.18, from 1.35 in 2016Q3. In a transaction dated Jul. 26, 2017, the shares were put up for sale at an average price of $47.07, raking in a sum of $1,342,201.

The Thor Industries, Inc. (THO) Position Lowered by Scout Investments Inc

September 01, 2017

The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of 16.86 and a beta of 1.40. About 41,297 shares traded. Clark Estates Inc increased Owens Ill Inc (NYSE:OI) stake by 50,000 shares to 1.15 million valued at $20.02M in 2016Q4.

Bajaj Auto sales increase 3% in August

September 01, 2017

The company, a leading player in the automotive space, owns the Royal Enfield motorcycles business. He expects exports of 1.7 million units in FY18 versus 1.41 million units in FY17. The three-wheeler sales for the company were up 13 percent at 51,170 units versus 45,436 units YoY. While sales in domestic market increased by 13 per cent, the same in export markets went up by 12 per cent.

The Michaels Companies, Inc. (MIK) stock price switched to $21.91

September 01, 2017

We will compare the two companies across various metrics including growth, profitability, risk, return, dividends, and valuation to determine if one is a better choice than the other. The Michaels Companies declared that its Board of Directors has initiated a share buyback plan on Thursday, June 15th that authorizes the company to buyback $500.00 million in shares.

Jefferies Group LLC Reiterates Buy Rating for Puretech Health PLC (PRTC)

September 01, 2017

Credit Suisse Group's target price suggests a potential upside of 19.06% from the company's current price. A number of other research analysts also recently weighed in on the company. The original version of this piece of content can be read at https://www.dispatchtribunal.com/2017/09/01/bp-plc-bp-earns-outperform-rating-from-credit-suisse-group.html.

Volkswagen launches vehicle scrappage scheme worth up to £6000

September 01, 2017

German carmaker Volkswagen (DE:) is launching a scrappage scheme for older diesel vehicles in Great Britain, the company said on Friday. In many ways, it's the VW Dieselgate fiasco that has seen us arrive at the point where major mainstream vehicle makers are offering chunky discounts for buyers who chop in an older, more polluting, cars to grab a new model.

American Airlines Group, Inc. (AAL) Shares Bought by Pacer Advisors Inc

September 01, 2017

Jpmorgan Chase & Co now has $319.87B valuation. About 3.13M shares traded. Orbotech Ltd (NDAQ:ORBK) has risen 49.39% since August 31, 2016 and is uptrending. Therefore 38% are positive. American Airlines Group presently has an average rating of "Hold" and an average target price of $56.27. The rating was downgraded by Evercore on Tuesday, October 13 to "Hold".

Nabors Industries Ltd. (NBR) closed its previous trading session at $6.47

September 01, 2017

It has underperformed by 8.21% the S&P500. The company reported the earnings of $-0.38/Share in the last quarter where the estimated EPS by analysts was $-0.35/share. It has a 50.78 P/E ratio. ATW has a net profit margin of -3.10% and is less profitable than the average company in the Oil & Gas Drilling & Exploration industry.

Rail passengers hit as Southern Rail strike

September 01, 2017

Northern Rail guards are also on strike on Monday 4th September. Merseyrail said a reduced train service will run across its network on strike days, with trains running from around 7am to 7pm on Friday and Monday and from around 8am to 7pm on Sunday, with no trains for a few hours in the middle of the day.

What Technical Indicators Say About The Goldman Sachs Group, Inc. (GS)

September 01, 2017

The market experts are predicting a 19.14% rally, based on the high target price ($265) for The Goldman Sachs Group, Inc. shares that is likely to be hit in the 52 weeks. Goldman Sachs Group, Inc. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Analysts Showing Optimistic Trends For Nucor Corporation (NUE)

September 01, 2017

Other large investors have also recently added to or reduced their stakes in the company. Accredited Investors Inc. boosted its stake in shares of Nucor Corporation by 0.6% in the first quarter. The ex-dividend date of this dividend was Wednesday, June 28th. Dividends is a reward scheme, that a company presents to its shareholders. Nucor Corporation's dividend payout ratio (DPR) is 43.77%.

Industry Growth, Size, Shares, Challenges, Opportunities and Forecast to 2022

September 01, 2017

The Smart Irrigation Systems market report also provides New Project Feasibility Analysis, Industry Barriers, New Entrants SWOT Analysis and Suggestions on New Project Investment in Smart Irrigation Systems Market. Distributed Control System (DCS) Consumption market in Europe combines Germany, France, UK, Russia and Italy. Distributed Control System (DCS) Consumption market in Middle East and Africa incorporates Saudi Arabia, UAE, Egypt, Nigeria and South Africa.

Alberta's MacEwan University fooled by phishing emails, scammed of $11.8M

September 01, 2017

MacEwan University is now conducting an investigation into the incident and seeking the help of legal counsel in Montreal, Hong Kong and London "to pursue civil action to recover the money".The funds have been frozen. Local police and law enforcement in Hong Kong and Montreal and security units of banks involved with the e-transfers are working to resolve the criminal side of the case.

TSX notches 3-week high as commodities rally, GDP tops forecast

September 01, 2017

The October crude contract advanced $1.22 to US$47.18 per barrel and the October natural gas contract was up one cent to US$2.95 per mmBTU. Canadian Western Bank CWB.TO gained 1.1 percent to 29.00 Canadian dollars after it also reported better-than-expected results, while the overall financials group gained 0.5 percent.

The Allergan PLC. (AGN) Stake Lowered by Sei Investments Co

September 01, 2017

Sei Investments Co. owned 0.08% of Allergan PLC . worth $62,951,000 at the end of the most recent quarter. A number of other hedge funds have also bought and sold shares of AGN. Allergan plc. (AGN ) now the company's industry has 12.75 P/E and the sector P/E is 16.23. ILLEGAL ACTIVITY NOTICE: This piece of content was published by StockNewsTimes and is the sole property of of StockNewsTimes.

Callaway Golf Company (ELY) Reaches New 52-Week High

September 01, 2017

About 16 shares traded. Wix.Com Ltd (NASDAQ:WIX) has risen 188.42% since August 31, 2016 and is uptrending. It has outperformed by 0.18% the S&P500. Here are a few additional firms who have increased or decreased their stake in ( ELY ). Short interest increased from 1,424,787 to 1,519,105 over that period. Its down 0.03, from 1.22 in 2016Q3. The number of shares now owned by investors are 94.21 mln.

Ellington Financial LLC (NYSE:EFC) Under Analyst Spotlight

September 01, 2017

The stock declined 0.03% or $0.02 reaching $72 on the news. About shares traded. Ellington Financial LLC (NYSE: EFC ) has declined 3.64% since August 29, 2016 and is downtrending. Petrus Trust Lta holds 250,000 shares or 0.95% of its portfolio. Glenmede Na holds 0% of its portfolio in Ellington Financial LLC (NYSE:EFC) for 64 shares.

Expedia's Dara Khosrowshahi agrees to be Uber CEO

September 01, 2017

And those who know Khosrowshahi say he's the "adult" that Uber's corporate culture sorely needs. Good chief executives typically ramp up discipline and accountability in employee ranks upon taking charge at companies, so that will likely be among steps taken by Mr Khosrowshahi at the Uber helm, according to Mr Bajarin.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Experiences Light Trading Volume

September 01, 2017

Ascena Retail Group I now has $401.57 million valuation. The volume of the particular stock is the shares bought and sold in a single trading day. Public Employees Retirement System of OH now owns 46,164 shares of the specialty retailer's stock valued at $197,000 after buying an additional 12,362 shares in the last quarter.

5 lessons learned from Amazon's first week with Whole Foods

September 01, 2017

Under Amazon , no longer will Whole Foods be an upscale retailer that is accessible to a more affluent shopper. But Whole Foods isn't the only organic grocer in town anymore. But just 28% of shoppers are concerned about the selection of organic products. Still, it could be tough to persuade cost-conscious shoppers to pay $1.99 for a can of Whole Foods corn that they can get at Wal-Mart for 68 cents.

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Traded Above Its 50 Day Moving Average

September 01, 2017

About 439,116 shares traded. The fund owned 196,780 shares of the biopharmaceutical company's stock after buying an additional 13,130 shares during the period. (NASDAQ:ACAD) for 23,705 shares. Victory Capital Management Inc accumulated 504 shares. The Massachusetts-based State Street has invested 0.01% in ACADIA Pharmaceuticals Inc.

GATE 2018: Registration starts for Graduate Aptitude Test in Engineering, apply here

September 01, 2017

More than nine lakh aspirants applied for GATE 2017 with qualification percentage was mere 16%. The GATE exam is also compulsory for the candidates who wish to have a successful carrier in Public Sector Undertakings (PSUs ) as several PSUs uses the GATE score to shortlist the candidates for the employment opportunity.

Myntra Fashion Brands turns EBITDA positive

September 01, 2017

This further supports Myntra's journey towards EBITDA profitability at scale during the last quarter of this year. "But beyond a point, you can't have so much dissonance", said Narayanan. In February a year ago, Myntra bagged the rights to manage brick-and-mortar outlets of Spanish fashion label Mango in India along with exclusive online rights.

First direct flights from Dublin to Hong Kong next year

September 01, 2017

The schedules put each city within a short connection from flights between Australia and Hong Kong - although that can just as easily be a long connection if you want to spend some extra time in Cathay's flagship lounges or break your journey and spend some time in Hong Kong itself.

The Palo Alto Networks, Inc. (PANW) Releases Q1 Earnings Guidance

September 01, 2017

Endurance Wealth Management Inc. raised its stake in Palo Alto Networks by 0.3% in the second quarter. Evercore ISI set a $140.00 price objective on shares of Palo Alto Networks and gave the company a "hold" rating in a research report on Saturday, June 17th.

KB Home Stock as Institutional Investors Enter

September 01, 2017

Qci Asset Management holds 0% of its portfolio in KB Home (NYSE: KBH ) for 800 shares. Kb Home now has $1.82B valuation. The stock tapped a 52-week high of US$4.67 while the mean 12-month price target for the shares is US$4.63. KBH was included in 45 notes of analysts from September 4, 2015. A 11 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:ALLY) or, if they already own its stock, sell it.

Investor Center: Technical Focus on Brainybrawn Inc (BRNW)

September 01, 2017

A level of 50 would indicate neutral market momentum. Enterprise Group Inc (E.TO) are being monitored this week as the Schaff Trend Cycle levels have shown a consistent downtrend over the course of the past 5 trading sessions. A reading between 0 and -20 would point to an overbought situation. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum.

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