Economy / 563

GoPro's Bad Karma Leads To Hundreds Of Layoffs In Drone Division

January 07, 2018

Further, the announcement about the job cuts in GoPro's drone division could be tied in with the next earnings report, just as the company has done when it has laid off employees in the past. The reason was because there were reports of Karma drones losing power while in flight and falling out of the sky. GoPro said it fixed the issues with the Karma and put it back on sale in February 2017.

Oil at highest since 2015 By

January 07, 2018

Brent crude LCOc1, the global benchmark, rose 5 cents to $67.92 a barrel as of 1:53 a.m. EST (1853 GMT) after hitting a high of $68.27 earlier in the session. Potentially undermining the trend towards tighter market conditions is US oil production C-OUT-T-EIA, which has risen by nearly 16 percent since mid-2016, hitting 9.75 million barrels per day (bpd) at the end of a year ago.

Lockheed Martin (LMT) Downgraded to Hold at Vetr

January 07, 2018

The institutional investor held 58,266 shares of the integrated oil company at the end of 2017Q3, valued at $5.34 million, up from 1,400 at the end of the previous reported quarter. Vetr downgraded shares of Lockheed Martin ( NYSE : LMT ) from a buy rating to a hold rating in a report issued on Thursday morning. Therefore 62% are positive.

Pregnant Zara Tindall touches down at Gold Coast Airport

January 07, 2018

The couple are already parents to three-year-old Mia , who famously stole the show in the Queen's 90th birthday portrait by adorably clutching her great-grandmother's famous black handbag in the picture. "The queen and members of the royal family were very pleased to hear this news", a spokeswoman for Buckingham Palace said. After losing their second child to a miscarriage, Mike Tindall told the Sunday Timesthat the "one thing you do learn is how many other people have to go through ...

Limerick to endure freezing weather as Met Eireann issues 'Status Orange' warning

January 07, 2018

Met Éireann has said temperatures will turn "very cold", with lows of between -4C and -6C. The warning is valid from 21.00 tonight (07.01.2018) and remains in effect until 10.00 on Monday. After a frosty start afternoon temperatures will only rise to around 2 to 5 degrees with frost persisting, especially in parts of Connacht and Ulster.

What Can We Expect After Masco (NYSE:MAS)'s Downgrade By JP Morgan?

January 07, 2018

The TJX Companies had 66 analyst reports since August 10, 2015 according to SRatingsIntel. The average 1 year price objective among brokerages that have covered the stock in the last year is $43.07. The firm earned "Buy" rating on Wednesday, October 25 by RBC Capital Markets. Finally, Nomura set a $45.00 price target on Masco and gave the stock a "buy" rating in a report on Wednesday, October 25th.

Nike (NYSE:NKE) Given a $62.00 Price Target at Goldman Sachs Group

January 07, 2018

The stock increased 0.05% or $0.01 during the last trading session, reaching $20.33. About 11.63M shares traded or 16.33% up from the average. GTT Communications, Inc. JPMorgan Chase & Co. set a $58.00 price objective on Nike and gave the company a "neutral" rating in a research note on Tuesday. It also increased its holding in Ishares Tr (TIP) by 5,011 shares in the quarter, for a total of 143,807 shares, and has risen its stake in Vanguard Scottsdale Fds (VMBS).

Becton Dickinson and (BDX) Stock Rating Upgraded by Citigroup

January 07, 2018

About 205,053 shares traded. It has outperformed by 3.59% the S&P500. Stifel Nicolaus reissued a buy rating and set a $245.00 price target on shares of Becton Dickinson and in a research report on Friday, November 3rd. Piper Jaffray Companies reaffirmed a "buy" rating and issued a $213.00 target price on shares of Becton Dickinson and in a research report on Tuesday, September 12th.

Brokers Set Expectations for BB&T Co.'s FY2018 Earnings (BBT)

January 07, 2018

The stock decreased 0.06% or $0.03 during the last trading session, reaching $51.43. About 776,116 shares traded or 5.60% up from the average. It has outperformed by 8.70% the S&P500. Wellington Shields Capital Management Limited Liability Corp invested in 6,750 shares. Kepos Capital LP reported 0.58% stake. The fund owned 323,308 shares of the insurance provider's stock after selling 22,263 shares during the period.

(MRK) Holdings Trimmed by Montgomery Investment Management Inc

January 07, 2018

Bollard Group Llc who had been investing in At&T Inc for a number of months, seems to be bullish on the $234.14 billion market cap company. The stock increased 1.37% or $2.52 during the last trading session, reaching $186.85. Rech Global reported 7.17 million shares stake. Moreover, Wedge Mngmt L Lp Nc has 0.12% invested in Verizon Communications Inc. (NYSE:T) for 141,785 shares.

Which Stocks To Invest? - Entercom Communications Corp. (ETM), Unit Corporation (UNT)

January 07, 2018

The company operates in the Consumer Cyclical sector with a market capitalization of 1.55 Million. The stock increased 1.82% or $0.2 during the last trading session, reaching $11.2. 80 funds opened positions while 189 raised stakes. Peddock Advsr accumulated 525 shares. Dekabank Deutsche Girozentrale holds 41,055 shares. Sg Americas Secs Llc has 16,894 shares for 0.01% of their portfolio.

China aims to get more cross-border transactions done in yuan

January 07, 2018

China's currency has been gaining popularity and traction in the past few years. China's foreign exchange regulator said in a statement on its website that it would keep the nation's forex reserves and global balance of payments "balanced and stable" in 2018.

Passengers Evacuated After Planes Collide at Pearson Airport

January 07, 2018

Video footage from the Westjet plane shows flames on the wing of the Sunwing plane. A WestJet Boeing 737-800 that was inbound from Cancun, Mexico, with 168 passengers on board and a crew of six, was stationary and waiting to proceed to a gate when it was struck by a Sunwing aircraft moving back from another gate.

Hca Healthcare INC (HCA) Stake Has Increased by Crescent Park Management Lp

January 07, 2018

Crescent Park Management Lp who had been investing in Hca Healthcare Inc for a number of months, seems to be bullish on the $30.78B market cap company. AustralianSuper Pty Ltd purchased a new stake in HCA Healthcare in the third quarter worth about $24,410,000. Since August 15, 2017, it had 0 buys, and 4 sales for $719,075 activity.

Burnout Paradise HD Remaster Coming to PS4 in Japan This March

January 07, 2018

UPDATE: It has now been confirmed that Burnout Paradise , or Burnout Paradise HD Remaster as it will be known, will be released for PlayStation 4 in Japan on March 16th. Bringing back the beloved Burnout , even just a remake, would certainly earn EA a few brownie points with fans. Burnout Paradise was the series' first open-world game, and received very positive reviews (the game has an 88 on Metacritic ).

Antero Midstream Partners (NYSE:AM) Is Now Covered By Credit Suisse

January 07, 2018

Vulcan Matls Co now has $17.64 billion valuation. The stock increased 0.37% or $0.43 during the last trading session, reaching $116.08. About 1.33M shares traded or 11.01% up from the average. The stock increased 0.02% or $0.01 during the last trading session, reaching $45.13. Investors sentiment decreased to 1.35 in 2017 Q3. Antero Midstream GP LP ( AMGP ) has 0.00% since January 5, 2017 and is.

Bb Biotech Ag Stake In Incyte Corp. (INCY) Was Has Lifted

January 07, 2018

Calamos Advisors LLC lifted its stake in shares of Incyte by 37.7% in the second quarter. Vodafone Group Plc (NASDAQ:VOD) has declined 13.23% since January 5, 2017 and is downtrending. The firm earned "Buy" rating on Thursday, October 12 by BMO Capital Markets. The company was maintained on Tuesday, June 20 by Jefferies. The firm has "Buy" rating by Nomura given on Tuesday, October 6.

Virgil van Dijk makes Liverpool debut

January 07, 2018

James Milner , who opened the scoring from the penalty spot in the first half before Gylfi Sigurdsson equalised for Everton after the break, praised his new teammate for coming directly into the squad and providing the needed boost. Holgate was at the centre of controversy again minutes later as his push on Roberto Firmino incensed the Brazilian. However, Madley was between the two players and took no action against either.

Sneijder to leave Nice for Qatar

January 07, 2018

Veteran Dutch midfielder Wesley Sneijder is all set to join Qatari league side Al Gharafa after his current employers Nice permitted him to undergo a medical examination in Qatar. "It's a nice adventure and a fun challenge". Sneijder is the most-capped player in Netherlands history but he was left out by Dick Advocaat for October's World Cup qualifying double-header against Belarus and Sweden.

Abbott Laboratories (ABT) Shares Sold by Westpac Banking Corp

January 07, 2018

Private Bank & Trust Co. now owns 30,322 shares of the healthcare product maker's stock worth $1,473,000 after acquiring an additional 3,330 shares during the last quarter. It also reduced its holding in Ihs Markit Ltd by 110,873 shares in the quarter, leaving it with 717,445 shares, and cut its stake in Interpublic Group Cos Inc (NYSE:IPG).

Gilead Sciences (GILD) Stock Rating Lowered by Credit Suisse Group

January 07, 2018

Shares of Gilead Sciences (GILD) traded up $0.62 during midday trading on Monday, hitting $74.52. The company's stock had a trading volume of 7,897,600 shares, compared to its average volume of 7,400,000. (NASDAQ:FB) earned "Buy" rating by Needham on Thursday, July 27. Investors sentiment increased to 1.03 in Q3 2017. Its up 0.10, from 0.93 in 2017Q2.

Is Waters (NYSE:WAT) a Sell? What does Evercore ISI Group Think?

January 07, 2018

On Tuesday, October 25 the stock rating was maintained by Cantor Fitzgerald with "Buy". Analysts await Waters Corporation (NYSE:WAT) to report earnings on January, 23. TERRICCIANO DAVID had sold 21,997 shares worth $4.34M. Waters Corporation is an analytical instrument manufacturer. Waters Corp now has $16.08 billion valuation.

Banks Must Work For Society as Taxpayers Making Sacrifices: Arun Jaitley

January 07, 2018

The curve is changing, " he said.Putting the recent down turn in the economy to a global slowdown, Mr Jaitley said, "when the global economy grows, it invariably impacts other countries."Responding to the charge by Anand Sharma of the Congress that the government had presented its figures on GDP growth according to a new system of calculation, Mr Jaitley said, "the new series of GDP figures were not introduced by us".

Are Analysts Bearish Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) After Last Week?

January 07, 2018

The company has a market capitalization of $5,207.43, a price-to-earnings ratio of 19.71, a price-to-earnings-growth ratio of 1.10 and a beta of 1.31. The firm earned "Neutral" rating on Thursday, October 20 by Hilliard Lyons. (NASDAQ:PNFP) latest ratings and price target changes. Portales Partners downgraded the stock to "Sector Perform" rating in Wednesday, July 22 report.

Oilwell Varco (NOV) Given a $35.00 Price Target by Jefferies Group Analysts

January 07, 2018

The stock decreased 0.04% or $0.02 during the last trading session, reaching $53.11. Insiders sold 91,979 shares of company stock valued at $3,751,823 over the last quarter. On Thursday, December 21 the stock rating was maintained by RBC Capital Markets with "Hold". Goldman Sachs Group Inc Inc holds 0% of its portfolio in Intevac, Inc.

Gran Tierra Energy (GTE) Upgraded by TheStreet to "C"

January 07, 2018

Big Lots, Inc. (NYSE:BIG) has risen 10.65% since January 6, 2017 and is uptrending. It has underperformed by 43.62% the S&P500. Virginia Retirement Systems ET AL decreased its position in Gran Tierra Energy Inc (TSE: GTE ) (NYSEMKT:GTE) by 16.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.

What's in Hess Corporation (HES) After Forming Inverse Head & Shoulders?

January 07, 2018

It has underperformed by 31.25% the S&P500. Impala Asset Mgmt Limited Liability Corp reported 2.96% stake. They expect $-1.03 earnings per share, down 1.98% or $0.02 from last year's $-1.01 per share. Moreover, Carroll Finance Assocs has 0% invested in Hess Corporation (NYSE:HES). Letko Brosseau And Assoc holds 1.22 million shares or 0.52% of its portfolio.

The Chevy Bolt Emerges As A True Tesla Inc (TSLA) Competitor

January 07, 2018

Tesla doesn't have "a ton of wiggle room" and should raise capital to mitigate risks, he wrote. Regarding the Model 3's ratings, our Tesla-owning reader and contributor Shiva pointed us to an October article on Electrek , which analyzed the document submitted by Tesla to the EPA for certification of the Model 3 Long Range version.

Brixmor Property Group Inc. (BRX): Insider Trading and Ownership Analysis

January 07, 2018

BlackRock Inc. now owns 29,066,747 shares of the real estate investment trust's stock valued at $519,713,000 after purchasing an additional 7,543,528 shares during the last quarter. KeyBanc Capital Markets maintained the stock with "Hold" rating in Friday, September 22 report. Several equities analysts have recently commented on the company.

Marshall Wace Llp Continues to Hold Position in Zoetis INC (ZTS)

January 07, 2018

It is negative, as 34 investors sold EGN shares while 86 reduced holdings. (NYSE: ZTS ). Meeder Asset invested in 1,071 shares. 100,690 were accumulated by Rbo Comm Ltd Liability Corp. Horizon Kinetics Lc holds 0.04% or 22,657 shares in its portfolio. (NYSE:ZTS). Envestnet Asset Management reported 102,755 shares. Fiduciary Trust Communication invested 0.03% of its portfolio in Zoetis Inc.

U.S. service sector growth slows in December

January 07, 2018

The services sector has reported growth for 96 consecutive months, a positive sign for the overall US economy. A reading above 50 indicates expansion in the service sector, and a reading below 50 means contraction. Companies in recent months have been reporting difficulty filling open positions, especially in skilled labor. Among the comments from purchasing managers, the health care sector reported difficulty getting intravenous solutions and gauze.

$5.16 EPS Expected for International Business Machines Corporation (IBM)

January 07, 2018

The stock increased 0.97% or $0.42 during the last trading session, reaching $43.61. About 6.79 million shares traded. It has underperformed by 51.27% the S&P500. Inv Centers Of America reported 0.09% in International Business Machines Corporation (NYSE:IBM). Swiss Savings Bank holds 3.54M shares or 0.58% of its portfolio.

Janus Henderson Group PLC Sells 25050 Shares of JM Smucker Co (SJM)

January 07, 2018

J M Smucker Co has a fifty-two week low of $99.57 and a fifty-two week high of $143.68. About 607,401 shares traded. The company has a current ratio of 0.96, a quick ratio of 0.42 and a debt-to-equity ratio of 0.61. 80 funds opened positions while 189 raised stakes. The Ontario - Canada-based Canada Pension Plan Board has invested 0.03% in The J.M. Smucker Company (NYSE:SJM).

Betting On Jumei International Holding Limited (NYSE:JMEI) ?

January 07, 2018

BLACKROCK INC. owned 12.68% of Jumei International Holding Limited (JMEI ) worth $4.31 million at the end of the most recent reporting period.The investor is now holding 1,309,675 shares thanks to an increase of 147,380 new shares in their portfolio.

The AK Steel Holding Co. (AKS) Stake Reduced by Menta Capital LLC

January 07, 2018

There are brokerage firms with lower targets than the average, including one setting a price target of $4. Jefferies Group reaffirmed a "buy" rating on shares of AK Steel in a report on Friday, November 10th. Insiders have sold 42,708 shares of company stock worth $1,349,921 in the last 90 days. "(NYSE:X) SVP Sells $364,580.50 in Stock" was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune.

Symantec (SYMC) Rating Increased to Hold at BidaskClub

January 07, 2018

Channing Capital Management Llc who had been investing in Symantec Corp for a number of months, seems to be less bullish one the $18.30B market cap company. Investors sentiment increased to 1.15 in Q3 2017. 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.

Apple Confirms Mac and iOS Devices Vulnerable to Intel, ARM Chip Flaws

January 07, 2018

Given kernel memory is dedicated to the core components and interactions of an operating system with its hardware, it is said that the flaw could be exploited by malicious programmes, namely Meltdown or Spectre, to expose secured information such as passwords, and effectively compromise a targeted machine or indeed server network.

Phillips 66's (NYSE:PSX) Hold Rating Reaffirmed at Royal Bank of Canada

January 07, 2018

They expect $1.94 EPS, up 56.45% or $0.70 from last year's $1.24 per share. Phillips 66 (NYSE: PSX)'s stock had its "hold" rating reissued by equities research analysts at Royal Bank of Canada in a research note issued to investors on Wednesday, December 20th.

Arch Capital Group Ltd. (ACGL) Insider Sells 5921 Shares of Stock

January 07, 2018

About 114,013 shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has declined 16.92% since January 6, 2017 and is downtrending. It has outperformed by 43.02% the S&P500. Hedge funds have recently added to or reduced their stakes in the business. 102.75 million shares or 3.97% more from 98.82 million shares in 2017Q2 were reported.

China's Ant Financial terminates merger agreement with USA firm MoneyGram

January 07, 2018

Furthermore, Ant Financial's conception is from the massive popularity of their e-commerce business; the company served as their payment business for their massive Alibaba Group Holdings Ltd. "China and the United States are about to ride a bumpy journey in trade in 2018 if the US government goes it own way, and retaliatory measures by China could be on the table", it added.

Airliner Collides with Kuwait Airways Plane at JFK Airport

January 07, 2018

No injuries were reported to crew or passengers. A photo tweeted by the Port Authority PBA showed the plane sitting on the snowy tarmac. More than 3,600 flights were cancelled, and airlines have cancelled hundreds more on Friday. THIS is the moment anxious passengers were notified that their plane would not be able to land due to horrendous weather conditions. According to air travel tracking service Flightradar 24, dozens of planes had the same issues after landing.

Here's an issue where Rick Scott is challenging Donald Trump

January 07, 2018

The plan would pave the way for drilling in the eastern Gulf of Mexico after a moratorium protecting Florida's coast expires in 2022. But while the move quickly drew the endorsement of figures like Speaker of the House Paul Ryan, leaders in Florida quickly spoke out against it.

What Does Institutional Ownership Look Like At Blackhawk Network Holdings, Inc. (HAWK)?

January 07, 2018

About 1.11M shares traded or 6.43% up from the average. TrueBlue, Inc. (NYSE:TBI) has risen 44.92% since January 4, 2017 and is uptrending. It has outperformed by 40.65% the S&P500. As per Friday, December 1, the company rating was downgraded by Drexel Hamilton. Argus dropped their price target on shares of Blackhawk Network from $50.00 to $45.00 and set a "buy" rating for the company in a research note on Tuesday, October 17th.

Goldman Sachs Raises Avnet (NYSE:AVT) Stock To a "Neutral" Rating

January 07, 2018

The stock increased 3.12% or $1.025 during the last trading session, reaching $33.895. About 612,221 shares traded. It has underperformed by 21.57% the S&P500. (NYSE:AVT) earned "Sell" rating by Goldman Sachs on Wednesday, March 1. Cross Research downgraded Avnet, Inc. ValuEngine upgraded Avnet from a "hold" rating to a "buy" rating in a research report on Tuesday, September 26th.

Realty Income (NYSE:O) Earning Somewhat Positive Media Coverage, Analysis Finds

January 07, 2018

Advantus Capital Management, Minnesota-based fund reported 21,038 shares. The institutional investor acquired 43,095 shares of the real estate investment trust's stock, valued at approximately $441,000. Suntrust Banks Incorporated holds 0.02% or 96,223 shares. Vanguard Group Inc. grew its position in Getty Realty by 1.6% in the second quarter. Royal Natl Bank Of Canada reported 0% stake.

Latest Revelation Of Trump Action Opens New Avenue In Probe

January 07, 2018

Nick Ackerman, a former Watergate prosecutor, said Saturday that the big issue in special counsel 's investigation is not whether the Trump campaign coordinated with Russian Federation, but whether it conspired to steal emails from prominent figures in the Democratic Party.

Burney Co Holding in Accenture Plc (ACN) Upped as Stock Price Declined

January 07, 2018

Liberty Capital Management Inc who had been investing in Amazon Com Inc Com for a number of months, seems to be bullish on the $592.29B market cap company. Gillespie Robinson And Grimm accumulated 173,983 shares. Kayne Anderson Rudnick Management Limited Liability Company holds 237,726 shares. Prudential Fincl Inc, a New Jersey-based fund reported 1.10 million shares.

PACCAR Inc (PCAR) Analysts See $1.10 EPS

January 07, 2018

The stock increased 2.78% or $1.86 during the last trading session, reaching $68.84. About 274,588 shares traded. It has outperformed by 3.23% the S&P500. Thompson Rubinstein Investment Management Or owns 282,971 shares. The Mcdaniel Terry & Co holds 255,297 shares with $18.47M value, down from 263,019 last quarter.

ESPN's Sean McDonough basically confirmed that Jon Gruden's going to the Raiders

January 07, 2018

The deal will reportedly be for 10 years and $100 million, the richest deal in National Football League history. The team reportedly offered Gruden an ownership stake in the team if he accepted the coaching position, but who needs an ownership stake when you can have $100 million in cold, hard cash instead? "Well, thank you", Gruden said, adding: "Nothing's official yet, but these Chiefs' fans have been on my case since I got here!" That contract is the most expensive and tied for the ...

(UNP) Shares Bought by Sii Investments Inc. WI

January 07, 2018

The company during the last trade was able to reach a volume of 0.78 million shares. On average, analysts expect that Union Pacific will report full year earnings of $5.78 per share for the current year, with EPS estimates ranging from $5.70 to $5.82.

Information