Economy / 719

US Supreme Court Will Hear Arguments For Gerrymandering Case

October 03, 2017

In the 2012 election-the first with the new maps drawn by Republicans-the party lost the popular vote in the assembly races but maintained 60 seats. The court will face a stark choice: allow politicians to continue rigging the rules of the game to their own advantage, harming voters in the process, or allow courts to police and correct the worst partisan power grabs from the redistricting process.

The RMT says the government is blocking progress on rail strike talks

October 03, 2017

A limited West London line will be in operation during peak hours, and trains between Leatherhead and Guildford will not be running. "My call to the prime minister is simply - call off the blockade on talks, end the centralised sabotage of the normal industrial relations process and let us get back into genuine negotiations with the private rail companies that allow us to resolve these disputes".

Comprehensive Stock Analysis Of Genworth Financial, Inc. (GNW)

October 03, 2017

Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. A rating of 4 or 5 would represent a Sell recommendation. 01/13/2016 - Genworth Financial Inc had its "neutral" rating reiterated by analysts at Goldman Sachs.

Ascena Retail Group, Inc. (ASNA) Releases FY17 Earnings Guidance

October 03, 2017

The moving average is a popular tool among technical stock analysts. 4 of them rate its stock a hold. 1 have given the stock a Hold rating, 0 as Underperform and 0 as Sell. Ascena Retail Grp Cmn (NASDAQ:ASNA) has a market capitalization of $479.86 Million and most recently 195.86 Million outstanding shares have been calculated.

Allegiant offering free flights to victims, family impacted by Las Vegas Shooting

October 03, 2017

You can find all the routes to and from Las Vegas on Allegiant's website and contact them via email. An Allegiant Air jetliner departs from McCarran International Airport in Las Vegas on Wednesday, June 28, 2017. "Today we actually had a few more bookings for Las Vegas ", said Donamaria on Monday. Grey said the airline is reaching out to customers who are now staying at Mandalay Bay or neighboring properties to see if they want to move to another hotel after Sunday's incident.

Liberty Global plc - Class B Or (NASDAQ:LBTYB) Trading Volume Significantly Lower

October 03, 2017

The firm owned 9,882,807 shares of the company's stock after selling 1,018,095 shares during the quarter. After a recent look, the 14-day ATR for Fuling Global Ord Sh (FORK) is resting at 0.37. IL now owns 25,220 shares of the company's stock valued at $884,000 after buying an additional 459 shares during the period. The disclosure for this sale can be found here.

Bitcoin Prices Steady After South Korea ICO Ban

October 03, 2017

Elsewhere in cryptocurrency trading, the second biggest cryptocurrency by market cap after bitcoin, slipped 0.83% to $302.01. There have been several instances in Pakistan when the government warned Bitcoin users against cryptocurrency scams.

Ellington Residential Mortgage (NYSE:EARN) Experiences Lighter than Average Trading Volume

October 03, 2017

When investors engage in short selling or "shorting a stock", they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash. The company is now up from yesterday's close of 26.8. Next quarter's EPS is expected be $0.64 and the next full year EPS is projected to be $2.40. ARMOUR Residential REIT had a net margin of 114.11% and a return on equity of 9.26%.

Serena Williams Says This Is the True Meaning Behind Her Daughter's Name

October 03, 2017

Alexis Olympia's name celebrates a special connection with one of the grand slam tournaments. Serena Williams has released a heartwarming video diary and the first images of her newborn daughter Alexis, who shares a name with her father and Williams' fiance, Alexis Ohanian .

Brokerages Set Fortuna Silver Mines Inc (FSM) Target Price at $6.92

October 03, 2017

The stock rose 2.28% or $0.1 reaching $4.48 per share. It has underperformed by 42.32% the S&P500. Check Capital Management Inc increased Us Bancorp (USB) stake by 37.65% reported in 2017Q2 SEC filing. Private Harbour Investment Mgmt And Counsel Ltd stated it has 46,375 shares. Renaissance Tech Ltd accumulated 420,400 shares. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

Toyota finally shuts its doors in Victoria

October 03, 2017

Ballarat-based OzPress, for example, was "95 per cent Toyota", owner Mark Dwyer said. "We've gone from 30 people to five", he said."We'll keep going in a small way and, hopefully, rebuild over time". Tony Ashamalla, 62, the manager of Toyota's Altona plant for the past six years, said it was a sad day for its 2600 workers but praised the company's efforts to help them find new jobs.

Halcon Resources Corporation (HK) Major Shareholder Franklin Resources Inc Sells 175000 Shares

October 03, 2017

The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. The stock closed its day at $49.47. They now have a United States dollars 14 price target on the stock. Many in the market will be closely watching whether this winning streak is sustainable or take a temporary pause for the next couple of trading sessions.

Ola raises $2 billion from Softbank, Tencent, other investors

October 03, 2017

According to the publication, other investors include UC-RNT fund, a joint venture between Ratan Tata's RNT Associates and the University of California , and several U.S. Once this round of funding goes through it is expected to help Ola go up against global giant Uber, which has been aggressively trying to capture more market share in India .

First shipment of United States crude lands in India

October 03, 2017

According to the company, it received the shipment at Paradip port in Odisha. The move will give India's Oil Minister Dharmendra Pradhan more leverage seeking a discount from the OPEC . "We look forward to working together on further sales of USA crude and exploring opportunities to expand the role of natural gas in India". A logo of Indian Oil is picture outside a fuel station in New Delhi , India August 29, 2016.

Ryanair refunds 98% of customers affected by cancellations

October 03, 2017

The remaining 2pc have yet to contact the airline. Ryanair last week announced that it was axing 34 routes across Europe this winter in a move that will hit nearly 400,000 more passengers, as it struggles to contain a roster debacle. The airline also said its load factor - how many seats it fills on each flight - increased to 97% from 95% in September of previous year. Ryanair Holdings PLC (LON:RYA) carried nearly 10% more passengers last month even though it cancelled 2,100 flights due to ...

Uber's UK Head to Step Down Amid London Licensing Fight

October 03, 2017

Uber's United Kingdom boss has quit the company as it battles London regulators over a threat to revoke it's licence and faces bitter divisions on its board. Mr Khosrowshahi took over at Uber in August after predecessor Travis Kalanick resigned following a series of scandals. More than 840,000 people have signed an online petition launched by Uber, urging TfL to reverse its ruling.

Fuel prices on the rise but fall expected in coming days

October 03, 2017

Diesel prices continue to sting consumers elsewhere around the country as well, with costs soaring to Rs 62.82 per litre in Mumbai and Rs 62.30 per litre in Chennai, corresponding to their highest levels since May and January, respectively.

SBI Life Insurance to list today

October 03, 2017

SBI Life's public offering was covered 3.7 times thanks to strong participation from institutional investors, though demand from retail and high net-worth individuals was low. SBI, India's biggest bank, sold 80 million shares while its Dutch partner sold the remaining. Reliance Securities had also considered SBI Life IPO a healthy investment opportunity.

Millions more potentially affected by Equifax cybersecurity breach

October 03, 2017

The company also said it would update its own notification for people who want to check if they were among those affected by October 8. Political observers and consumer advocates expect Smith to receive a grilling this week on Capitol Hill as he is expected to testify over the course of three days before two House panels and before two Senate committees.

EPS for Reliance Steel & Aluminum Co (RS) Expected At $1.25

October 03, 2017

Research analysts covering the stock are projecting that it will reach $85.29 within the next year. About shares traded. Chromadex Corp (NASDAQ:CDXC) has declined 38.10% since September 29, 2016 and is downtrending. BlackRock has an ownership of 6,959,142 stocks of the industrial products firms shares valued at $506,694,000 following purchasing an extra 277,846 stocks in the previous period.

Super Micro Computer (SMCI) Earning Somewhat Positive Press Coverage, Analysis Shows

October 03, 2017

The legal version of this piece can be read at https://stocknewstimes.com/2017/09/30/zacks-investment-research-upgrades-super-micro-computer-inc-smci-to-buy.html. (NASDAQ:SMCI). Tfs Ltd Liability accumulated 32,740 shares. Keybank Association Oh holds 12,299 shares. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company.

Mobile US, Inc. (NASDAQ:TMUS) Analyst Coverage

October 03, 2017

ILLEGAL ACTIVITY NOTICE: "Brokerages Anticipate T-Mobile US, Inc". KBC Group NV lifted its position in T-Mobile US by 36.3% during the first quarter. 4975670 shares were traded during the last session. T-Mobile US's revenue for the quarter was up 10.0% on a year-over-year basis. T-Mobile US, Inc. had its "overweight" rating reiterated by analysts at KeyBanc.

Crude Oil Tumbles On OPEC Report

October 03, 2017

Plus, end of last week , the Al Mazrouei's department announced increase of fuel prices because of the increase of crude oil price on the global market. USA crude was down 15 cents, or 0.3 percent, at $50.43 a barrel by 0041 GMT, after closing down $1.09 or 2.1 percent in the previous session. Brent crude oil prices shot up more than 10 percent last month.

Alliance Holdings GP, LP (NASDAQ:AHGP) Valuation According To Analysts

October 03, 2017

It has outperformed by 52.94% the S&P500. Avianca Holdings SA (NYSE:AVH) had an increase of 0.36% in short interest. Its up 0.36% from 84,400 shares previously. Investors sentiment increased to 1.23 in 2017 Q2. Its up 0.15, from 1.08 in 2017Q1. The investment managers in our partner's database now have: 11.89 million shares, down from 13.51 million shares in 2017Q1.

Invesco PLC (IVZ) Price Target Raised to $37.00

October 03, 2017

The firm has "Equal-Weight" rating by Barclays Capital given on Friday, July 15. Finally, ValuEngine downgraded shares of Invesco PLC from a "buy" rating to a "hold" rating in a research note on Friday, September 1st. Next Financial Group, Inc claims 744 shares valued at $26,000,000. Capital International Investors sold 109,927 shares as Liberty Global Plc Cl A (LBTYA)'s stock declined 18.04%.

Goldman Sachs fund arm to absorb cost of research under Mifid II

October 03, 2017

The stock has a market capitalization of $93.42 billion, a price-to-earnings ratio of 12.62 and a beta of 1.41. (NYSE:OMI). Dean Cap Management invested in 132,465 shares or 2.05% of the stock. Those sources tell The Wall Street Journal that the development is still in its earliest stages and was inspired by client curiosity. It also increased its holding in Allergan Plc by 61,030 shares in the quarter, for a total of 152,700 shares, and has risen its stake in Korea Electric Pwr (NYSE:KEP).

Southwest Airlines Company (NYSE:LUV) Upgraded at JP Morgan Chase & Co

October 03, 2017

It has outperformed by 60.67% the S&P500. Southwest Airlines Co now has $33.33B valuation. A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Zogenix, Inc. (NASDAQ:ZGNX) at 'Overbought' According to the RSI

October 03, 2017

Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. The average 12 month price objective among analysts that have covered the stock in the previous year is $32.00. The insider now holds 5,000 shares of Zogenix, Inc . Closing price generally refers to the last price at which a stock trades during a regular trading session.

Renaissance Technologies LLC Decreases Holdings in NXP Semiconductors NV (NASDAQ:NXPI)

October 03, 2017

About 1.81M shares traded or 42.52% up from the average. The stock of NXP Semiconductors NV (NASDAQ: NXPI ) has "Buy" rating given on Wednesday, September 9 by Sterne Agee CRT. Moreover, Fishman Jay A Limited Mi has 0% invested in Fiserv Inc (NASDAQ:FISV). Robeco Institutional Asset Bv invested in 0.07% or 93,260 shares. NINE MASTS CAPITAL Ltd bought a new position in NXP Semiconductors N.V.in the second quarter valued at approximately $10,258,000.

Larry Ellison Promises Oracle Autonomous Security Technology

October 03, 2017

In the example of a financial analysis workload, Oracle's cloud completed it in 34 seconds, at a cost of $0.04, compared to AWS taking 255 seconds to run the workload, at a cost of $0.23. As you're building software in our CI/CD service, you can deploy right from our registry", he said. Microservices • WebRTC • DevOps Cloud computing budgets worldwide are reaching into the hundreds of billions of dollars, and no organization can survive long without some sort of cloud migration strategy.

Australia's central bank holds rates at record lows, signals patience on policy

October 03, 2017

Yet policymakers are not in favour of further stimulus with household debt at an all-time peak of 190 per cent of disposable income, and rising at a faster pace than wages growth. Non-mining investment has also picked up with the RBA happy that firms are rediscovering their "animal spirits". "That said, the Reserve Bank now has far more reasons to do nothing that act, so it is highly likely the cash rate will stay at 1.50 per cent for yet another month".

Primo Water Corporation (PRMW) Under Analyst Spotlight

October 03, 2017

The employed capital is calculated by subrating current liabilities from total assets. The firm's quarterly revenue was up 28.3% on a year-over-year basis. Moreover, California Employees Retirement System has 0% invested in Primo Water Corporation (NASDAQ:PRMW). The more stable the company, the lower the score.

Unemployment down to 9.1% in the euro zone in August

October 03, 2017

In August 2017, the unemployment rate for the EU-28 was at 7.6%, down from 7.7% in July 2017 and from 8.5% in August 2016. A year ago, the rate was 9.9 percent. Eurozone's August reading was a little disappointing as it came higher than the consensus forecast of a fall to 9 percent, said a research of the Capital Economics.

General Electric's Jeff Immelt retires 3 months early

October 03, 2017

Immelt's determination that the CEO transition has proceeded smoothly". Flannery had taken over Immelt's role as CEO at the start of August but Immelt had been expected to stay on as president and chairman until the end of the year. Then Immelt acquired businesses in the power, oil and gas sectors. He led the company through the financial crisis and then sold off numerous financial services businesses that Welch had added, along with GE's appliance unit and NBC television.

Kimberly-Clark Corporation (KMB) Getting Somewhat Positive News Coverage, Report Finds

October 03, 2017

As of the end of the quarter Next Financial Group, Inc had bought a total of 57 shares growing its holdings by 0.6%. (The) set a $157.00 target price on Kimberly-Clark Corporation and gave the stock a "buy" rating in a research note on Monday, June 19th.

Dong Energy changes its name to Ørsted

October 03, 2017

The days of people visiting Denmark and having a right chuckle about the name of the Danish energy company Dong Energy are coming to an end. It said it will continue to trade in natural gas as a bridge to a fully green energy world. "We've undertaken significant efforts to find the right name and brand identity for our company", he said. Dong's Jakob Askou Bøss (Senior Vice President of Corporate Strategy & Stakeholder Relations) will be discussing how to fast-track and scale-up the use of ...

Analysts Recommendations Cliffs Natural Resources Inc. (CLF)

October 03, 2017

Cliffs Nat Res Inc now has $2.20B valuation. About 53,303 shares traded. Cleveland-Cliffs Inc, formerly Cliffs Natural Resources Inc , is a mining and natural resources company. As per Thursday, July 20, the company rating was maintained by Cowen & Co. (NYSE: CLF ) has gone stronger by 22.01%. The rating was downgraded by Macquarie Research on Friday, January 8 to "Neutral".

Fortress Investment Group LLC (FIG) Receives Average Recommendation of "Hold" from Analysts

October 03, 2017

Jefferies maintained it with "Hold" rating and $8.0 target in Monday, September 25 report. Fortress Investment Group LLC ( FIG)'s bearish picture have been built after taking the consideration of last five trading activity. The company has market cap of $3.10 billion. It operates through four divisions: Pharmaceutical, Animal Health, Healthcare Services and Alliances. Analysts await Wayfair Inc (NYSE:W) to report earnings on November, 14.

Couple Grifts Amazon Out of £904K in Electronics

October 03, 2017

A couple in Muncie, Indiana chose to take the scheme too far, allegedly stealing $1.2 million worth of electronics, according to a Department of Justice press release . Glumac, who was also charged, allegedly paid the Finans about $725,000. The Finans would sell the electronics below market price to Glumac, who would then mark them up for resale to the public through an unnamed NY entity.

Standard Life Investments LTD Acquires 135951 Shares of Colony Starwood Homes (SFR)

October 03, 2017

Colony Starwood Homes (NYSE:SFR) announced a quarterly dividend on Thursday, August 10th, Zacks reports. Investors are a little more bearish on Starwood Waypoint Homes of Ben of late if you consider the increase in short interest. The business also recently declared a quarterly dividend, which was paid on Friday, April 14th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.22 per share.

International Business Machines Corporation (IBM) Shares Sold by Bremer Trust National Association

October 03, 2017

Raytheon Company (NYSE:RTN) has risen 24.03% since October 2, 2016 and is uptrending. It has outperformed by 49.22% the S&P500. Boston Financial Mangement LLC trimmed its position in shares of International Business Machines Corporation (NYSE: IBM ) by 9.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.

Uber board to consider vote to cut Kalanick influence

October 03, 2017

The board, now expanded to 11 members, is preparing to vote on a series of measures to change the company's corporate governance and whether to accept a $10 billion stock sale to Japanese conglomerate SoftBank. That suit was sent into private arbitration and the sides are in the process of selecting an arbitrator. ■ According to the proposal, if the Uber board seats now held by three directors - Ryan Graves, Arianna Huffington or Wan Ling Martello - are vacated, Mr.

GW Pharmaceuticals PLC (GWPH) Expected to Post Earnings of -$1.39 Per Share

October 03, 2017

Why to Observe Volume of GW Pharmaceuticals plc ( GWPH)? GW Pharmaceuticals plc (GWPH ) maintained activity of 0.33 million shares that trade hands on average basis. GW Pharmaceuticals PLC (NASDAQ: GWPH ) last announced its quarterly earnings data on Monday, August 7th. Deerfield Management Company sold 65,562 shares as Gw Pharmaceuticals Plc (GWPH)'s stock declined 18.00%.

Province to release more details about disability bus pass

October 03, 2017

Bus Pass for people with disabilities, and fixing this has been a priority for our government..." says Shane Simpson, Minister of Social Development and Poverty Reduction . The B.C. Bus Pass can be used in both TransLink and BC Transit areas. In 2016, the Liberal government raised assistance for people with disabilities by $77 per month, but started charging $52 a month for a monthly bus pass.

Indicator Spotter: Watching the Numbers on Shares of S&P 500 SPDR (SPY)

October 03, 2017

Active stock market investors may have to find that flawless balance between being too risky or playing it too safe. The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

Next Weeks Broker Price Targets For Zynerba Pharmaceuticals, Inc. (ZYNE)

October 03, 2017

Piper Jaffray Companies upgraded shares of Zynerba Pharmaceuticals, Inc . Weekly performance analysis shows the equity at 34.19%.Covering Sell-Side analysts have offered recommendations and price target estimates on Zynerba Pharmaceuticals, Inc .

Shares Trading Above Chikou: Invesco Advantage Muni Income Trust II (VKI)

October 03, 2017

CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. Investors are more bearish on shares of the company lately considering the increase in short interest. One technical indicator that may help gauge the strength of market momentum is the Average Directional Index or ADX. Interested traders may be keeping an eye on the Williams Percent Range or Williams %R.

Associated Banc Corp Purchases 15326 Shares of Enterprise Products Partners LP (EPD)

October 03, 2017

Analysts anticipate that traders could see stock price minimum in the $30 range (lowest target price). About 4,120 shares traded. The stock is unnoticeable among investors as EPD reported unfavorable performance of -3.59%. (NYSE: EPD ). Old Second Comml Bank Of Aurora accumulated 50,860 shares. Enterprise Products Partners L.P. ( EPD ) share price fell -0.19% to $26.07 in the last trading session.

Honeywell International Inc. (NYSE:HON) Short Interest Down -8.01% - Shares Trading Up

October 03, 2017

Virtus Investment Advisers invested in 37,445 shares. HON's profit will be $1.32B for 20.55 P/E if the $1.73 EPS becomes a reality. During the same quarter in the previous year, the business posted $1.70 EPS. Wilbanks Smith And Thomas Asset Management Limited reported 4,433 shares. Fort Washington Invest Advsrs Oh holds 0% or 5,315 shares in its portfolio.

Talks to take Nordstrom private are faltering

October 02, 2017

The newspaper said that the family has been having difficulties putting together the deal, estimated to be worth above US$10bn, the sources said. But the agreement with Green was contingent on arranging bank financing to fund the rest of the buyout, which could have had a total value of more than $10 billion.

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