Economy / 353

Gold futures rise on technical buying and weakened United States dollar

February 09, 2018

The most active gold contract for April delivery added 4.4 USA dollars, or 0.33 percent, to close at 1,319 dollars per ounce. Platinum declined 0.2% to $977.50 per ounce, after touching its lowest since 11 January on Wednesday. The 10-year yield almost surpassed a 4-year high of 2.885 percent Thursday morning Eastern time, a level that helped trigger a global sell-off in equity markets on Monday.

Twitter posts big numbers in the fourth quarter, shares soar

February 09, 2018

In the fourth quarter that number has held steady, with a million-user fall in US users cancelling out the commensurate increase internationally. Q4 advertising revenues, meanwhile, were up 7%. The social media stalwart is also dealing with the fallout of a New York Times investigation which found that a company called Devumi had sold millions of fake followers to celebrities, athletes and politicians.

Eurostar set to launch London to Amsterdam train service

February 09, 2018

About 4 million people now travel between London and Amsterdam by air, and Eurostar said it's targeting a significant share of that market. It says the market for travel between London and Paris has more than doubled as passenger increasingly choose high-speed rail over the plane.

Shares in renewed slump after Wall St dive

February 09, 2018

Even though the mainland market is not fully connected to the global market, fund managers on the mainland are talking about the global economy "half the time", underscoring the worldwide nature of markets that is causing a "synchronized collapse" in both Hong Kong and China , Ma told CNBC.

Digital Realty Trust (DLR) Earns Hold Rating from Credit Suisse Group

February 09, 2018

Digital Rlty Tr Inc Com now has $21.15 billion valuation. The stock decreased 2.87% or $0.44 during the last trading session, reaching $14.91. About 33,547 shares traded or 0.46% up from the average. Investors sentiment decreased to 1.42 in Q3 2017. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.46.

CGI Group (GIB) Upgraded to Buy at ValuEngine

February 09, 2018

The firm has "Buy" rating by Aegis Capital given on Friday, April 7. On Thursday, November 10 the stock rating was downgraded by Societe Generale to "Hold". The company??s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and ...

Boyd Gaming (BYD) PT Raised to $47.00

February 09, 2018

The stock increased 0.21% or $0.08 during the last trading session, reaching $38.1. Shares of BYD moved upward with change of 7.38% to its 50-day Moving average. Since September 12, 2017, it had 0 insider purchases, and 2 sales for $1.25 million activity. The price index of Boyd Gaming Corporation (NYSE:BYD) for last month was 1.10481.

Wall Street gains as volatility eases

February 09, 2018

The weeklong rout marks a stark turnabout in investors' mood from just two weeks ago, when indexes set their latest record highs. The Standard & Poor's 500 stock market , a broader market gauge that is a core holding in 401 (k) plans, also fell into correction terrritory.

Charles Schwab Corp (SCHW) Shares Sold by Sumitomo Life Insurance Co

February 09, 2018

Contrafect Corporation (NASDAQ:CFRX) had a decrease of 18.42% in short interest. Several research analysts have recently issued reports on SCHW shares. Usca Ria Ltd Liability Corporation accumulated 16,578 shares. California-based Whittier has invested 0.3% in The Charles Schwab Corporation (NYSE:SCHW).

Bank New York Mellon (BK) Holder Alexandria Capital Has Decreased Stake by $647608; Nikko Asset Management

February 09, 2018

About 1.73 million shares traded. The New York-based Cornerstone Capital Management has invested 0.11% in The Bank of New York Mellon Corporation (NYSE:BK). Goldman Sachs Group reissued a "buy" rating and issued a $58.00 price target (up previously from $52.85) on shares of Bank of New York Mellon in a report on Friday, October 20th.

Has $431000 Stake in Priceline Group Inc (PCLN)

February 09, 2018

It has outperformed by 27.93% the S&P500. CIBC World Markets Inc. reduced its stake in Priceline Group Inc (NASDAQ:PCLN) by 15.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.

The Caterpillar, Inc. (CAT) Stake Held by Webster Bank NA

February 09, 2018

The company P/E (price to earnings) ratio is 124.43 and Forward P/E ratio is 14.9. Adams Asset Advisors Llc sold 2,614 shares as the company's stock rose 3.62% with the market. Punch & Associates Investment Management Inc., a Minnesota-based fund reported 58,000 shares. Duncker Streett & holds 0.19% of its portfolio in Caterpillar Inc.

Southern Copper (SCCO) Downgraded by UBS Group

February 09, 2018

Marketfield Asset Management Llc decreased its stake in Southern Copper Corp ( SCCO ) by 7.26% based on its latest 2017Q3 regulatory filing with the SEC. The firm earned "Buy" rating on Monday, March 7 by UBS. Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.16, from 0.91 in 2017Q2. It fall, as 49 investors sold Williams-Sonoma, Inc.

NOT Ranbir Kapoor, Alia Bhatt is dating THIS business tycoon

February 09, 2018

Ever since Sonakshi Sinha and Manish Malhotra made a shocking revelation about Ranbir Kapoor and Alia Bhatt on Neha Dhupia's chat show, Vogue's BFFs, people have been started speculating that the duo has actually started dating each other.

Microchip Technology Inc. (MCHP) Shares Sold by Creative Planning

February 09, 2018

Benjamin F. Edwards & Company Inc. now owns 2,104 shares of the semiconductor company's stock worth $189,000 after acquiring an additional 1,807 shares during the last quarter. Jefferies maintained Pfizer Inc. Jefferies has "Buy" rating and $39 target. Individual investors may need to conquer self-doubt in order to reach optimal performance when picking stocks.

Deckers Outdoor Corp (DECK) COO Sells 863 Shares of Stock

February 09, 2018

About 519,204 shares traded. Westar Energy, Inc. (NYSE:WR) has declined 0.52% since February 8, 2017 and is downtrending. It has underperformed by 17.22% the S&P500. The firm has "Buy" rating by Canaccord Genuity given on Friday, July 31. Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, February 1st.

European pirouette leaves USA stock futures pointing higher

February 09, 2018

The Dow posted a 2.3 percent increase, its biggest daily percentage gain since January 29, 2016, while the S&P 500 rose 1.7 percent, its biggest one-day gain since November 7, 2016, the day before the election of Donald Trump as president.

(XOM) Holdings Raised by Ramsay Stattman Vela & Price Inc

February 09, 2018

Pinnacle Advisory Group Inc. now owns 20,403 shares of the oil and gas company's stock valued at $1,673,000 after purchasing an additional 891 shares in the last quarter. On Thursday, October 13 the stock rating was maintained by FBR Capital with "Outperform". Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold.

UK Industrial Output Falls More Than Forecast In December

February 09, 2018

The latest batch of figures will have little effect on overall economic growth, which is estimated by the ONS to have picked up to 0.5 percent in the final three months of 2017. On a three month basis, United Kingdom goods imports were up 0.3 per cent and exports up 2.9 per cent, leaving the trade balance at £37.2bn. Deputy Governor Ben Broadbent said on Friday that he would not be shocked if British interest rates needed to go up twice this year.

EE launches LTE home broadband service

February 09, 2018

Now many homes in rural Cumbria can only get limited broadband access, and EE, working with the Northern Fells Broadband initiative has worked to trial the service with users in the area. EE will charge people £100 to have a broadband antenna installed on their home, or make it available under a contract. "With access to fast broadband, people's lives really will be transformed".

What the Chart Means for Abbott Laboratories (ABT)

February 09, 2018

It has outperformed by 50.45% the S&P500.The move comes after 8 months negative chart setup for the $426.63 million company. Palisade Asset Management Llc increased its stake in Abbott Laboratories (ABT) by 2.1% based on its latest 2017Q3 regulatory filing with the SEC.

Macy's to launch a clothing line geared toward Muslims

February 09, 2018

The Verona collection by designer Lisa Vogl includes modest activewear and will be available on Macy's website. The clothing will launch on Macy's website on February 15. "After doing a bit of research, she realized that many other women, both Muslim and non-Muslim, felt the same way", the article said. "The message is very clear and very specific - that women want to be able to choose if they wear hijab or not", Nasrin Sotoudeh, a human-rights lawyer in Tehran, told the New Yorker .

Asian markets in turmoil as Wall Street slides

February 09, 2018

Margin lending, wherein investors can multiply their investable funds by using their securities as collateral, had dropped to a more than one-month low, in line with steep correction in China's main stock indices. The index is down 6.7 per cent in the year to date, making it the worst performer among top European bourses. Even though the mainland market is not fully connected to the global market, fund managers on the mainland are talking about the global economy "half the time", ...

Attractive Moving Stock: Tahoe Res Inc (TAHO)

February 09, 2018

In terms of moving averages, the 200-day is now at 52.81, the 50-day is 55.38, and the 7-day is resting at 57.04. News stories about W&T Offshore (NYSE: WTI ) have been trending somewhat positive recently, according to Accern Sentiment Analysis.

GlaxoSmithKline (GSK) Given a GBX 1580 Price Target at Sanford C. Bernstein

February 09, 2018

It recovers gold from surface tailings in the central and western Witwatersrand basin in Gauteng province. It has a 108.15 P/E ratio. Ruffer Llp holds 0.41% of its portfolio in DRDGOLD Limited for 2.48 million shares. Zacks Investment Research lowered GlaxoSmithKline from a "buy" rating to a "hold" rating in a report on Wednesday, January 10th. The rating was maintained by Jefferies on Thursday, October 13 with "Buy".

Camden Property Trust (CPT) Investors

February 09, 2018

The stock decreased 1.41% or $0.1838 during the last trading session, reaching $12.8362. About 315,101 shares traded or 78.14% up from the average. It has underperformed by 16.70% the S&P500. AllianzGI NFJ Dividend, Interest & Premium Strategy Fund (NFJ) has risen 7.49% since February 8, 2017 and is uptrending. It has underperformed by 26.01% the S&P500.

RBA quarterly Statement on Monetary Policy due today - more preview

February 09, 2018

Australia's unemployment rate is expected to drop more than previously projected, the Reserve Bank of Australia said in its Statement on Monetary Policy, released Friday. The underlying tone of the Statement was one which was still cautious on the outlook, particularly surrounding inflation and the degree of spare capacity within the economy.

Trinity Mirror acquires Daily Express owner for £127 million

February 09, 2018

Sky News says that Trinity Mirror will pay an initial £47.7 million in cash to Richard Desmond's Northern & Shell group, £59 million in 2020 and 2023, plus shares worth £20 million. Michelle Stanistreet, NUJ general secretary, said: "After many years of under-investment and one pay increase in the past decade, journalists working for Richard Desmond have been desperate for a new owner to provide the resources needed to help increase the readership and the success of the titles".

LGI Homes (LGIH) Downgraded by BidaskClub

February 09, 2018

It has underperformed by 0.20% the S&P500. LGI Homes has a 1-year low of $26.82 and a 1-year high of $79.55. (NASDAQ:LGIH) to report earnings on March, 6. Wells Fargo downgraded the stock to "Market Perform" rating in Friday, January 6 report. After having $1.40 EPS previously, LGI Homes, Inc.'s analysts see -11.43% EPS growth.

IShares Core S&P Mid-Cap Getting Very Oversold

February 09, 2018

When getting into the markets, most investors realize that riskier stocks may have an increased potential for higher returns. The Magic Formula was devised and made popular by Joel Greenblatt in his book "The Little Book That Beats the Market".

Dimensional Fund Advisors LP Raises Position in Nordstrom, Inc. (NYSE:JWN)

February 09, 2018

The stock ended last trade at 9.96 a share and the price is up more than -10.27% so far this year. Brunswick Corp now has $5.17B valuation. Noting its average daily volume at 2.28 million shares each day over the month, this signifies a pretty significant change over the norm.

California Water Service Group (CWT) Increases Dividend to $0.19 Per Share

February 09, 2018

It has outperformed by 222.30% the S&P500. Personal Capital Advisors Corp decreased its stake in California Wtr Svc Group ( CWT ) by 25.62% based on its latest 2017Q3 regulatory filing with the SEC. 46,418 are owned by Salem Invest Counselors Inc. Van Eck Assocs owns 1,707 shares. Therefore 48% are positive. McDonald's Corporation had 138 analyst reports since September 29, 2015 according to SRatingsIntel.

Western Digital (WDC) Getting Somewhat Positive Press Coverage, Analysis Finds

February 09, 2018

Western Digital Corp now has $24.76 billion valuation. The stock witnessed 2.79% gains, -4.71% declines and 2.91% gains for the 1-month, 3-month and 6-month period, respectively. On Monday, July 17 the stock rating was maintained by Stifel Nicolaus with "Buy". Cowen & Co initiated it with "Market Perform" rating and $46 target in Monday, April 11 report.

Tallgrass Energy Partners LP (TEP) Position Boosted by Cadence Capital Management LLC

February 09, 2018

The stock decreased 1.48% or $0.65 during the last trading session, reaching $43.34. About 1.39M shares traded or 70.47% up from the average. It has underperformed by 11.44% the S&P500. The rating was maintained by Robert W. Baird with "Buy" on Tuesday, September 26. Barclays Capital maintained Tallgrass Energy Partners, LP (NYSE:TEP) on Monday, May 2 with "Equal-Weight" rating.

All eyes back on Wall Street after record Dow drop

February 09, 2018

Sinking figures were also recorded in China (2.2%) and South Korea and Australia, which both skidded 2.9%. Ripple was down almost 12 percent on Tuesday, Ethereum was down 16.46 percent. Traders on the New York Stock Exchange last night. Why is it called the Dow Jones Industrial Average? . Torex Gold Resources (TXG.TO) was down 8.1 per cent, Klondex Mines (KDX.TO) fell 7.4 per cent, and B2Gold Corp (BTO.TO) fell 5.1 per cent.

Chicago Bridge & Iron (CBI) Given Average Rating of "Hold" by Brokerages

February 09, 2018

Based on the recent close, the shares have dropped -2.38% over the past five trading days. Bahl & Gaynor Inc, which manages about $7.63B and $9.13 billion US Long portfolio, upped its stake in Realty Income Corp (NYSE:O) by 20,176 shares to 877,304 shares, valued at $50.17 million in 2017Q3, according to the filing.

Technical Roundup on 2 Stocks: Mylan NV (MYL), Invesco Ltd. (IVZ)

February 09, 2018

To persist focus on investment valuation, Mylan N.V. (NASDAQ:MYL) also have significant role in eyes of active investors, it has price to earnings growth of 5.94, which is a valuation metric for determining relative trade-off among price of a stock.

United States markets plummet as stocks rout accelerates

February 09, 2018

Earlier in the week the Dow was hit by a record 1,175-point loss triggered by better than expected U.S. jobs data last Friday that sent U.S. bond yields higher. In Frankfurt, growth-sensitive stocks such as Volkswagen or BASF, lost 3.8 per cent and 3.3 per cent respectively. Europe's VSTOXX volatility index jumped to 32, its highest since the UK's Brexit referendum, and all European bourses ended deep in the red.

US Markets Try to Rally After Monday's Plunge and Global Selloff

February 09, 2018

Snapchat owner Snap ( SNAP.N ) soared 37.8 percent after it reported surging growth in users and revenue in its latest quarter. The Dow is on track for its worst weekly percentage drop since the crisis. In the past week, however, like the Dow these stocks took a dip. "The high valued nature of stocks and a new element of inflation has brought me to question whether the uptrend in equities can continue as the same speed and trajectory for the beginning of 2018".

" "Wells Fargo & Co Reiterates "$96.00" Price Target for Tiffany & Co. (NYSE:TIF)

February 09, 2018

COPYRIGHT VIOLATION WARNING: "Tiffany & Co.'s (NYSE: TIF ) Buy Rating Reiterated at Oppenheimer" was reported by TrueBlueTribune and is the property of of TrueBlueTribune. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.94%. It also increased its holding in Habit Restaurants Inc by 89,619 shares in the quarter, for a total of 327,015 shares, and has risen its stake in Southern Natl Bancorp Of Va (NASDAQ:SONA).

Dow drops more than 1000 points

February 09, 2018

At 7am AEDT on Wednesday, the share price futures index was up 91 points, or 1.6 per cent, at 5,855. Thursday's declines mean the Dow and S&P 500 have now fallen by more than 10% from the record highs set in January, a threshold analysts call a correction.

Antero Resources Corp (NYSE:AR) Institutional Investors 2017 Q3 Sentiment

February 09, 2018

About 402,332 shares traded. The Southern Company (NYSE:SO) has risen 2.49% since February 8, 2017 and is uptrending. It has underperformed by 17.10% the S&P500. Parkwood Llc acquired 31,761 shares as Antero Resources Corp (AR)'s stock declined 11.29%. The Pennsylvania-based Harvest Fund Advsrs Ltd Liability Com has invested 0% in Antero Resources Corporation (NYSE:AR).

Armada Hoffler Properties (AHH) Releases FY18 Earnings Guidance

February 09, 2018

We have $14.25 PT which if reached, will make NYSE:AHH worth $58.54 million more. Pacad Investment Ltd decreased Coresite Rlty Corp (COR) stake by 42.65% reported in 2017Q3 SEC filing. Stifel Nicolaus reiterated a "hold" rating and issued a $14.00 price objective on shares of Armada Hoffler Properties in a research note on Thursday, September 21st.

Dow rallies back, ends trading day sharply higher

February 09, 2018

The Standard & Poor's 500 index, a broader market barometer tracked by many index funds, climbed 1.7 percent to 2,695.14. The fact that Republicans, members of the party that supposedly cares most about deficits, would add to the problem with $1.5 trillion in new borrowing over the next decade is unlikely to instil much confidence.

Fulcrum Capital LLC Purchases New Holdings in Alibaba Group Holding Ltd (BABA)

February 09, 2018

The stock of Alibaba Group Holding Limited (NYSE: BABA ) earned "Buy" rating by Jefferies on Thursday, November 3. The stock decreased 2.09% or $1.18 during the last trading session, reaching $55.4. Bremer Tru Association accumulated 10,757 shares. Benjamin F Edwards & Company Inc, which manages about $3.12B and $831.52 million US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VGK) by 71,707 shares to 72,142 shares, valued at $4.21 million in 2017Q3, according to the filing.

LP Earnings & Price Target Update

February 09, 2018

L.P.in a research report on Thursday, October 12th. L.P. (NYSE: KKR ) was up +0.54% ($0.12) to $22.19 and showed a volume of 3.47 mln shares. L.P. shares. JPMorgan Chase & Co. raised its position in KKR & Co. L.P.by 7.5% in the third quarter. COPYRIGHT VIOLATION NOTICE: "Private Wealth Partners LLC Decreases Holdings in KKR & Co".

SPDR Dow Jones REIT (RWR) Enters Oversold Territory

February 09, 2018

OH ADV acquired a new stake in shares of SPDR Dow Jones Interntnl Real Estate ETF during the 4th quarter worth about $203,000. Eqis Capital Management Inc. The ETF is -0.19% of its 52-Week High and 24.46% of its low, and is now having ATR of 1.83. The ex-dividend date of this dividend is Friday, January 19th.

Shares Struggling Near-Term: KB Home (NYSE:KBH), LaSalle Hotel Properties (NYSE:LHO)

February 09, 2018

The company has market cap of $445.59 million. In taking a look at technical levels, KB Home (NYSE:KBH) shares are trading -5.44% away from the 50 day simple moving average and 19.21% away from the 200 day simple moving average. On Wednesday, November 16 the stock rating was upgraded by Howard Weil to "Sector Outperform". On Thursday, June 29 the stock rating was maintained by Cantor Fitzgerald with "Buy".

Institutional Investors Love Brixmor Property Group Inc (NYSE:BRX)

February 09, 2018

Brixmor Property Group Inc . The current share price indicates that stock is -21.56% away from its one year high and is moving 36.43% ahead of its 52-week low. CIBC Asset Management Inc bought a new position in Brixmor Property Group in the third quarter valued at about $191,000. (NYSE:BRX). Ameriprise Financial Inc reported 660,168 shares.

Brokerages Expect Teledyne Technologies Incorporated (TDY) to Post $1.55 EPS

February 09, 2018

The firm has "Hold" rating given on Thursday, February 1 by Jefferies. Jefferies maintained the stock with "Hold" rating in Thursday, February 1 report. It has outperformed by 20.81% the S&P500. Jefferies maintained Teledyne Technologies Incorporated (NYSE:TDY) on Monday, January 8 with "Hold" rating.

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