Economy / 785

Malaysia July factory output up 6.1 pct y/y, above forecast

September 11, 2017

The 6.1% rise in the industrial-production index, or IPI, which measures output from mines, factories and power plants, was higher than the median 4.5% growth forecast in a poll of seven economists by The Wall Street Journal. The faster growth rate may be due to the export that was holding well, especially the E&E sector, he added. The mining sector also increased marginally by 0.2 percent.

Share Activity Lifted for IDT Australia Ltd (IDT.AX) in Session

September 11, 2017

The author states that because the average's fallback is slow, trading systems can be created with nearly whipsaw-free trades. Often times, investors may become anxious when the stock market is highly volatile. Taking a closer look from a technical standpoint, GreaterChina Professional Services Ltd (8193.HK) presently has a 14-day Commodity Channel Index (CCI) of 145.60.

Harvey One of Costliest Hurricanes in US History

September 11, 2017

What the hurricanes taketh away, they will more than giveth back to United States economic growth, according to economists at Goldman Sachs . Harvey, which battered Texas and parts of Louisiana in late August, will be "the costliest weather disaster in USA history at $190 billion or one full percentage point of GDP" which stands at $19 trillion.

Utah Retirement Systems Sells 11600 Shares of Delta Air Lines, Inc. (DAL)

September 11, 2017

Traynor Capital Management Inc. now owns 4,911 shares of the transportation company's stock valued at $246,000 after purchasing an additional 58 shares during the period. The company was upgraded on Monday, February 6 by Bernstein. The firm earned "Overweight" rating on Friday, July 14 by Morgan Stanley. FBR Capital upgraded Regions Financial Corp (NYSE:RF) rating on Monday, November 14.

Sixteen years today: Remembering the September 11 attacks

September 11, 2017

Today marks the 16th anniversary of the horrific terrorist attacks on our country on September 11, 2001 . On that Tuesday in 2001 the extremist group al-Qaida attacked the United States by hijacking four airliners and crashing them. A third plane, American Airlines Flight 77, was crashed into the Pentagon (the headquarters of the United States Department of Defense) in Arlington County, Virginia, leading to a partial collapse of the building's western side.

Wells Fargo & Company (WFC) has rebounded 13.85% since its low of $43.55

September 11, 2017

The stock decreased 0.92% or $1.21 on September 8, reaching $130.98. Deutsche Bank AG reaffirmed a "buy" rating on shares of Wells Fargo & in a report on Monday, July 3rd. Gradient Investments LLC lifted its holdings in shares of Wells Fargo & by 58.6% during the 1st quarter. Gilman Hill Asset Management Limited Co stated it has 0.22% in Wells Fargo & Co (NYSE:WFC).

Xilinx, Inc. (XLNX) Shares Bought by GAM Holding AG

September 11, 2017

Other hedge funds and other institutional investors have also modified their holdings of the company. Shell Asset Management Co. increased its stake in shares of Xilinx by 70.0% in the second quarter. Spark Inv Limited Liability Com owns 22,600 shares. Washington Natl Bank reported 0% of its portfolio in Williams Companies Inc (NYSE:WMB). Connecticut-based Blue Harbour Ltd Partnership has invested 15.17% in Xilinx, Inc.

Gas prices still rising in metro Detroit after Hurricanes Irma, Harvey

September 11, 2017

It had gone as high as $2.65 in Indiana. Oklahoma- $2.36/g, down 0.7 cents per gallon from last week's $2.36/g. According to GasBuddy, the average price in gas rose.3 cents per gallon in the past week with the average at $2.64 per gallon.

United Continental Holdings Inc

September 11, 2017

Waking on tracing line of previous stocks, EQT Corporation (NYSE:EQT) also deem for profitability analysis, in recent session share price swings at $62.92 with change of 0.37%. More notable recent Visa Inc (NYSE:V) news were published by: Seekingalpha.com which released: "Visa's Huge Growth Potential" on September 05, 2017, also Ft.com with their article: "Ex-BoE deputy Charlotte Hogg appointed CEO at Visa Europe" published on September 07, 2017, Businesswire.com published: "Visa Inc.to ...

Laredo Petroleum, Inc. (NYSE:LPI) Sees Price Decrease - Down $0.81

September 11, 2017

The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. Stock volatility is a percentage that indicates whether a stock is a desirable purchase. Likewise, the performance for the quarter was recorded as 7.84% and for the year was -4.82%.

Why IT Succeeded at the Box Office

September 11, 2017

We sincerely hope it makes up for the image at the top of this post. Not only in North America, the horror film is also a hit overseas, launching to record $62 million from 46 markets for a global start of $179.2 million. Lionsgate's "Hitman's Bodyguard" is landing in third with $4.9 million from 3,322 locations after winning the domestic box office for the past three weekends.

N. Korea crisis sparks nuclear debate in Japan, S. Korea

September 11, 2017

Nato's secretary-general said North Korean behaviour is a global threat and called for a united response. Similar noises are emerging from South Korea , which is banned from building its own nuclear weapons under a 1974 atomic energy deal it signed with the US.

JP Morgan Chase & Co (JPM) Receiving Somewhat Favorable Media Coverage, Report Finds

September 11, 2017

Lafleur & Godfrey Llc decreased Abbvie Inc. 14,956 were reported by Css Ltd Com Il. Lafleur & Godfrey Llc sold 30,235 shares as Abbvie Inc. (NYSE:JPM) for 6,562 shares. (NYSE:JPM) to report earnings on October, 13. During the same quarter a year ago, the firm posted $1.55 earnings per share. JPM's profit will be $5.91B for 13.16 P/E if the $1.68 EPS becomes a reality.

Asia shares gain as Irma weakens

September 11, 2017

MSCI All Country World Index .MIWD00000PUS , which tracks roughly 2,400 stocks in 47 countries, climbed a new peak as Europe's insurers jumped 2.2 percent .SXIP on hopes Irma would not prove as costly as feared. Against expectations, North Korea didn't conduct a weapons test on Saturday, when the country celebrated its founding day. The Shanghai Composite Index was up 0.1% in the morning session, while Shenzhen's main board was 0.4% higher.

THAAD expected to create much more sophisticated defense network: Defense Ministry

September 11, 2017

The statement says both leaders stressed that the global community has condemned North Korea's "provocations". Meanwhile, the United States accused North Korea's trading partners on Monday of aiding its nuclear ambitions and said Pyongyang was " begging for war " after the North's powerful nuclear test on Sunday and signs that further missile launches were on the way.

Putin warns of 'global catastrophe' over North Korea impasse

September 11, 2017

Putin called for dialogue on the crisis and warned against other actions that could cause the situation to escalate. (But) ramping up military hysteria will lead to nothing good. Reports suggest another missile test is being readied. Diplomats have said the U.N. Security Council could now consider banning North Korean textile exports and its national airline, stop supplies of oil to the government and military, prevent NorthKoreans from working overseas and add top officials to a blacklist ...

How Many Daimler AG (ETR:DAI)'s Analysts Are Bearish?

September 11, 2017

BNP Paribas downgraded it to "Underperform" rating and €57 target in Friday, November 18 report. Bernstein maintained the stock with "Market Perform" rating in Wednesday, December 9 report. Speaking at the company's investor day in Sindelfingen, Germany, Daimler said it will offer at least 50 electrified versions of Mercedes-Benz passenger cars in hybrid and fully electric auto variants.

FireEye, Inc. (NASDAQ:FEYE) & trivago NV (:TRVG) Seeing Rampant Activity Today

September 11, 2017

Teachers Advisors LLC now owns 191,932 shares of the information security company's stock worth $2,284,000 after buying an additional 32,147 shares during the period. The 50 day moving average was up $1.09 or +7.412% and the 200 day average went up $1.96 or +14.185%. Following the completion of the transaction, the executive vice president now owns 428,733 shares in the company, valued at $6,199,479.18.

'It' dominates Box Office weekend by taking home $117 million

September 11, 2017

Analysts thought the movie would earn $50 million to $60 million in its opening weekend . "Whilst 'It" did well in the United States the film also did well in the UK bringing in a decent amount of $12.3 million and in Russian Federation $6.7 million.

Rio Tinto Plc (NYSE:RIO) Under Analyst Spotlight

September 11, 2017

Rio Tinto had 41 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets initiated Rio Tinto plc (ADR) (NYSE:RIO) rating on Tuesday, February 9. Rio Tinto plc, launched on March 30, 1962, is a mining and metals company. Additionally, here are a few investment firms who have increased or decreased their stake in (RIO).

Teva Spikes on New CEO

September 11, 2017

He has also worked as chief operating officer of Novo Nordisk A/S, the world's biggest producer of insulin. "This is a critical time in Teva's history". Teva has finally appointed a new CEO, with Lundbeck's Kare Schultz taking over after a seven-month search. The Israel-listed generic pharmaceutical maker on August 3 cut its full-year guidance and slashed its dividend 75% owing to weaker US markets and the ongoing political turmoil in Venezuela.

Jaiprakash Associates, Jaypee Infratech tumble 5% on Supreme Court ruling

September 11, 2017

SC has also asked IRP to submit resolution plan indicating protection of interests of flatbuyers and creditors within 45 days. A rather lengthy hearing in the Jaypeee Infratech case in Supreme Court today brought to fore the possible ambiguity in implementation of the new Insolvency and Bankruptcy Code.

Macquarie Continues To Expect FY18 Result Broadly In Line With Prior Year

September 11, 2017

The combined net profit for the full year is, however, expected to be broadly in line with the FY17 results, the banking and financial services group says. The company says all its businesses were performing in line with expectations in the first quarter as it continues to manage its risk appetite. The bank reiterated its balance sheet was strong and conservative and it was seeing the ongoing benefits of continued cost cutting.

NextEra Energy, Inc. (NEE) - Morgan Stanley Maintains Rating And Updates Price Target

September 11, 2017

That's a potential 1.22 increase relative to where STORE Capital Corporation (NYSE:STOR) has been trading recently. About shares traded. American International Group Inc (NYSE:AIG) has risen 8.59% since September 10, 2016 and is uptrending.

Rawls is questionable for Seahawks' season opener

September 11, 2017

Rawls was listed as a full participant in practice on Wednesday and Thursday. He practiced without limitation this week and was considered a game-time decision. Carroll brushed off the questionable tag. "Really excited about that, " Carroll said. I am really excited about him fitting in with our guys. "But we have to put him on the report for that".

Aviva PLC Acquires 3170 Shares of Molson Coors Brewing Company

September 11, 2017

About shares traded. Ennis, Inc. It has underperformed by 2.44% the S&P500. The value of the investment in Molson Coors Brewing Company Cl went from $26,086,000 to $21,895,000 a change of $4,191,000 quarter over quarter. Bryan Garnier & Cie upgraded the stock to "Buy" rating in Friday, July 8 report. The firm has "Neutral" rating given on Friday, April 8 by Citigroup.

Starbucks Corporation (SBUX) Holdings Raised by Prudential Financial Inc

September 11, 2017

The recent move of 0.04% gain helped the stock to close at $53.49 when trading ended on Sep. About 11.77 million shares traded. It has underperformed by 4.22% the S&P500. Kings Point Cap, New York-based fund reported 1,885 shares. St Johns Invest Management Limited Liability Company stated it has 0.05% of its portfolio in Starbucks Corporation (NASDAQ:SBUX).

The BlackRock Insured Municipal Income Trust Announces Monthly Dividend of $0.06 (BYM)

September 11, 2017

As per Wednesday, January 25, the company rating was maintained by UBS. Blackrock Municipal 2030 Targt Term Trst has decreased its dividend by an average of 5.9% per year over the last three years. Stratos Wealth Prtnrs Ltd has 12,000 shares. Blackrock Municipal 2030 Targt Term Trst ( NYSE BTT ) traded up 0.2600% on Friday, hitting $23.0999.

Cops Shoot Suspect at Miami Airport

September 11, 2017

However, on Friday afternoon there were nearly 100 flights canceled ahead of the storm, according to The Miami Herald . According to Twitter user @ShawnWoodford , Concourse J was evacuated and police were seen surrounding an airplane at Gate J7 on the tarmac.

Petra Diamonds shares drop as Tanzania continues sector crackdown

September 11, 2017

Diamonds have no centralised price so calculating the overall value of that parcel is tricky, and appears to be the main reason the parcel has been blocked. The provisional valuation is used to calculate the company's provisional royalty payments to the government, however adjustments to final royalty payments based on the actual sales proceeds for the diamonds, once sold in Antwerp, are then made at the end of the tender process.

European Union countries want tech giants to pay taxes wherever they create value

September 11, 2017

They insist that the issue is a question of "economic efficiency", as well as justice and sovereignty. So far, they are only paying taxes where they are physically present. The ministers want to put the issue on the table for an European Union meeting in Estonia (where the current presidency is located) on September 15th.

Here's Who China's Bitcoin Exchange Ban Reportedly Won't Affect

September 11, 2017

Reuters was unable to confirm the reports. Bitcoin fell 10%, from almost $4,500 on Friday, to $4,100 on Monday. If you were wondering why the price of Bitcoin dropped faster than Ronaldo when he gets looked at by opposing defenders, turn your attention towards China.

Billionaire Branson rides out Irma

September 11, 2017

Branson isn't the only celebrity affected by the storm. "Generally speaking, we have one hurricane in the British Virgin Islands around every 10 years", Branson wrote in a blog post quoted by the Post . "I know we will all band together and rebuild the islands to become stronger and even more wonderful than they were before". AN ANXIOUS father who has not heard from his "huge family" in Anguilla since Hurricane Irma hit has urged the British government to do more to help.

Associated British Foods Announces Improved Full Year Outlook

September 11, 2017

It's due to publish a final full-year earnings report on 7 November. LONDON-Associated British Foods PLC ( ABF .LN) expects good underlying growth in fiscal 2017 as a result of a stronger profit performance from its fast-fashion chain Primark, with an added currency boost from the Brexit-weakened pound.

Cost of energy from offshore wind halves

September 11, 2017

As part of reforms to its electricity market, Britain replaced direct subsidies for renewable power with a contracts-for-difference (CfD) system. The prices, which have fallen even further than forecast, compare with the £92.50 per MWh that the government committed consumers to pay the Hinkley Point nuclear plant for 35 years.

Carillion finance chief set to quit troubled company

September 11, 2017

He was due to leave next year but will now depart at the end of the month when Carillion unveils its delayed half-year results. The finance chief of Carillion is set to quit the troubled support services company, with an announcement expected as early as today.

National Oilwell Varco, Inc. (NYSE:NOV) Sees Significantly Lower Trading Volume

September 11, 2017

The stock increased 0.54% or $0.58 on September 8, reaching $108.81. About 14 shares traded. That's a potential 8.31 gain from where (NYSE: NOV ) has been trading recently. Turning to Lowe's Companies, Inc. Guardian Tru reported 51,297 shares. National now has $12.07B valuation. Spears Abacus Ltd Liability Co holds 0.03% of its portfolio in AbbVie Inc (NYSE:ABBV) for 3,216 shares.

Sherwin-Williams Company (The) (NYSE:SHW) Trading Up - Short Interest Down -35.34%

September 11, 2017

The stock increased 0.31% or $0.14 on September 8, reaching $44.64. The company's stock had a trading volume of 727,019 shares. Sherwin-Williams Co (NYSE: SHW ) has risen 15.27% since September 9, 2016 and is uptrending. The specialty chemicals company reported $4.52 EPS for the quarter, missing the consensus estimate of $4.54 by $0.02. Since May 3, 2017, it had 0 insider buys, and 4 sales for $8.18 million activity.

Seagate Technology PLC (NASDAQ:STX) Shares Bought by Legal & General Group Plc

September 11, 2017

For the next fiscal year, analysts anticipate that the company will post sales of $10.21 billion per share, with estimates ranging from $9.68 billion to $10.46 billion. Therefore 27% are positive. On average, equities analysts expect that Seagate Technology PLC will post $3.77 EPS for the current year. BMO Capital Markets has "Market Perform" rating and $35 target.

Holly Energy Partners, LP (NYSE:HEP) Among Today's Biggest Gainers - Up $1.85

September 11, 2017

Stephens Inc. AR now owns 8,272 shares of the company's stock valued at $399,000 after buying an additional 2,727 shares during the last quarter. About 68.37 million shares traded or 9.80% up from the average. Enterprise Fin Services has invested 0.01% in Tallgrass Energy Partners LP (NYSE:TEP). Tallgrass Energy Partners, 's dividend payout ratio (DPR) is now 165.92%.

Scripps Networks Interactive, Inc (NASDAQ:SNI) Short Interest Down 49.5% in August

September 11, 2017

Deutsche Bancorporation Ag reported 0.02% of its portfolio in Scripps Networks Interactive, Inc. About 931,851 shares traded. Scripps Networks Interactive, Inc.is a developer of lifestyle-oriented content, providing primarily home, food, travel and other lifestyle-related programing.

Rowan Companies PLC (NYSE:RDC): Stock Sentiment

September 11, 2017

RBC Capital Markets maintained the shares of RDC in report on Friday, August 12 with "Sector Perform" rating. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 9,999. Its last month's stock price volatility remained 3.89% which for the week stands at 4.19%. 75,100 were accumulated by Grantham Mayo Van Otterloo Co Ltd Liability Co.

American airlines cancels more than 2000 flights due to Hurricane Irma

September 11, 2017

Miami International Airport is urging people to book their reservation prior to going to the airport. In order to get a refund, you first need to cancel your reservation and then file a claim. Several flights to Fort Lauderdale and Miami as well as other destinations are canceled. The airport will reopen when it is safe to do so. Airports have comprehensive plans for situations like a major hurricane.

Comparable Company Analysis: The Kroger Co. (KR), Molina Healthcare, Inc. (MOH)

September 11, 2017

Is Molina Healthcare, Inc . The stock increased 1.89% or $0.04 on September 1, reaching $2.16. Molina Healthcare , Inc. (NYSE: MOH ) earnings have risen with a quarterly rate of 31.4% over the last 5 years. Since January 1, 0001, it had 0 insider purchases, and 11 selling transactions for $7.18 million activity. The insider COOPERMAN DANIEL sold $495,811.

Golar LNG Shares Recommendation Trimmed by ValuEngine

September 11, 2017

The Company, along with its affiliate, Golar LNG Partners LP, has a combined fleet of approximately 30 vessels. Days to cover increased from 9.9 to 15.0 and the percentage of shorted shares is 0.15% as of August 15. Polar Capital Limited Liability Partnership holds 0.07% in KeyCorp (NYSE:KEY) or 233,560 shares. Tcw has invested 0.7% in Home Depot Inc (NYSE:HD). Natl Bank Of Nova Scotia owns 24,110 shares for 0% of their portfolio.

Markets rise on back of Asian cues, Nifty nears 10000-mark

September 11, 2017

Auto stocks gained on stock exchanges as the increased GST cess on mid- sized, luxury and SUV cars will come into effect from Monday (September 11, 2017). Major gainers in the 30-share index were GAIL (India) (4.65%), Tata Power Company (1.56%), Bharat Heavy Electricals (1.45%), Larsen & Toubro (1.37%), Dr Reddy'S Laboratories (1.31%), and Reliance Industries (1.04%).

Yale University Cut Its Antero Res Corp (AR) Holding by $26.41 Million

September 11, 2017

About 658,326 shares traded. It has outperformed by 22.86% the S&P500. The Rating of Antero Resources Midstream Management LL AMGP (NYSE:AMGP) shares have been lowered by Goldman Sachs from a Buy rating to a Neutral rating in a research report issued on Friday, 8 September.

Yum China Holdings Inc (YUMC) Shares Sold by BB&T Securities LLC

September 11, 2017

Caprock Gru holds 0.09% or 5,772 shares. See Jack Henry & Associates, Inc. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.42 billion. 77 are held by D Scott Neal Inc. Value Advisers Llc stated it has 7.88 million shares or 5.87% of all its holdings. Benedict Finance Advisors Inc invested in 0.13% or 3,572 shares.

How Analysts Feel About Enbridge Energy Partners, LP (NYSE:EEP)?

September 11, 2017

The stock increased 2.17% or $0.84 on September 8, reaching $39.6. About 45,291 shares traded. Triumph Group Inc (TGI) has declined 35.48% since September 8, 2016 and is downtrending. The firm earned "Overweight" rating on Wednesday, September 7 by iperJaffray. The stock of Enbridge Energy Management, L.L.C. (NYSE:EEQ) has "Equal-Weight" rating given on Thursday, June 15 by Morgan Stanley.

Local couple on honeymoon in Dominican Republic caught up in Hurricane Irma

September 11, 2017

Her business trip to the Dominican Republic cut short by the storm, Trudi Charest is one of thousands of foreign travellers waiting for her flight home a scene repeated at many airports caught in Irma's path. Additionally, a flight scheduled to go to Puerto Plata on Friday was cancelled. The UN said Hurricane Irma has become "the most risky natural phenomenon" in the region this year, stating that its impact may likely surpass Hurricane Matthew, which was a category 4 hurricane on a ...

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