Economy / 416

Seattle police chase leads to deadly officer-involved shooting

February 20, 2018

The shooting was reported at 5:15 a.m., according to the Seattle Fire Department's 911 log. KOMO-TV reports the incident started at about 4:20 a.m. One officer shot the man as they went to take him into custody, according to police. The man was pronounced dead at the scene. No information on the man's identity was released.

Stocks to Watch For: Applied Materials, Inc. (AMAT), Vale SA (VALE)

February 20, 2018

When we look at the Volatility of the company, Week Volatility is at 4.54% whereas Month Volatility is at 4.14%. The Stock declined-0.07% and closed its last trading session at $14.12. It turned negative, as 62 investors sold TMUS shares while 161 reduced holdings. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported.

BC government launches formal challenge to Alberta's wine ban

February 20, 2018

Wine Institute CEO Miles Prodan. Under the CFTA dispute-resolution process, parties have 120 days to try to resolve their differences through consultation after which a independent arbitration panel is established to adjudicate the dispute.

Comparing Valuation And Performance: Encana Corporation (ECA), Chipotle Mexican Grill, Inc. (CMG)

February 20, 2018

Robinson Capital Management Llc who had been investing in Putnam Managed Mun Incom Tr for a number of months, seems to be bullish on the $384.21 million market cap company. The stock of Encana Corporation and Chipotle Mexican Grill, Inc. were two of the most active stocks on Monday. SELL rating has been given by 0 analyst (s) and 11 analyst (s) given BUY rating to the stock.

Celgene (CELG) Issues FY18 Earnings Guidance

February 20, 2018

R-G Niederhoffer Capital Management Inc sold 3,100 shares as the company's stock declined 3.49% while stock markets rallied. The Hartwell J M Limited Partnership holds 11,750 shares with $1.71M value, up from 8,350 last quarter. Geller Family Office Ser Lc holds 0.23% or 5,735 shares in its portfolio. Meritage Management has invested 0.3% in Lazard Ltd (NYSE:LAZ). Ubs Asset Americas holds 0.8% or 6.03 million shares.

UnitedHealth Group Inc (UNH) Shares Bought by Prudential Financial Inc

February 20, 2018

The stock decreased 0.69% or $1.41 during the last trading session, reaching $201.56. About 860,644 shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since February 19, 2017 and is uptrending. It improved, as 31 investors sold Ecolab Inc. shares while 274 reduced holdings. 65 funds opened positions while 204 raised stakes. (NYSE:RHI) for 850 shares.

Pfizer (NYSE:PFE) PT Raised to $38.00

February 20, 2018

Waverton Investment Management Ltd who had been investing in Pfizer Inc Com Us$0.05 for a number of months, seems to be less bullish one the $216.14 billion market cap company. Jefferies maintained Pfizer Inc. (NYSE:PFE) has "Market Perform" rating given on Wednesday, November 2 by BMO Capital Markets. The firm has " Buy " rating given on Tuesday, October 31 by Piper Jaffray.

Technology Stock on Buy Line: MACOM Technology Solutions Holdings, Inc. (MTSI)

February 20, 2018

Mayo Investment Advisers Llc bought 24,350 shares as the company's stock rose 15.15% with the market. Mayo Investment Advisers Llc who had been investing in Macom Tech Solutions Holdings for a number of months, seems to be bullish on the $1.31 billion market cap company.

Nirav Modi denies allegations in PNB fraud case - lawyer

February 20, 2018

In a letter Mr Modi wrote on February 15/16 to the Punjab National Bank management, a copy of which PTI has seen, he pegged the money his companies owe to the bank at under Rs. "They are covering themselves up", Aggarwal said of the complaint. In a letter to the Reserve Bank of India (RBI), the government said the failure to detect the fraud, the biggest ever in India's banking sector, raised questions about the central bank's "efficacy of supervision to detect and check systemic ...

Honeywell International (HON) Price Target Raised to $168.00

February 20, 2018

In other news, Director Linnet F. Deily sold 2,886 shares of the business's stock in a transaction dated Wednesday, February 14th. MaxLinear, Inc. (NYSE:MXL) has risen 63.31% since February 20, 2017 and is uptrending. Credit Suisse Ag invested in 911,656 shares or 0.13% of the stock. Investors sentiment decreased to 1.18 in Q3 2017. Its up 0.18, from 0.96 in 2017Q2.

Eye Catching Stocks Gaining Limelight: Gilead Sciences, Inc. (NASDAQ:GILD)

February 20, 2018

The stock decreased 2.50% or $1.4 during the last trading session, reaching $54.7. About 7.55 million shares traded. Gilead Sciences Inc . (NASDAQ:GILD) has a 20-Day average volume of 10.59 Million. Goldman Sachs Grp Inc Inc holds 9,850 shares or 0% of its portfolio. The New York-based Tiger Management Limited Com has invested 0.56% in Gilead Sciences, Inc.

Analysts at HSBC Give Deutsche Bank AG (NYSE:DB) an Upgrade

February 20, 2018

The bank has taken the decision to cut jobs, after the reduction in revenues of investment banking by 15% in 2017. Virtu Financial LLC lifted its position in Deutsche Bank AG (NYSE:DB) by 177.4% during the 4th quarter, according to its most recent disclosure with the SEC.

Most Active Volume Stock: Xerox Corporation (NYSE:XRX)

February 20, 2018

Another trade for 49,702 shares valued at $5.65 million was sold by MAHON TULLIER KELLY. The company's stock had a trading volume of 3,777,826 shares, compared to its average volume of 2,920,000. The current price is seen ranging between $29.1 and $29.82. They use historic price data to observe stock price patterns to predict the direction of that price going forward.

Earnings Reaction History: Nu Skin Enterprises, Inc., 50.0% Follow-Through Indicator, 8.5% Sensitive

February 20, 2018

It has outperformed by 29.90% the S&P500. The stock increased 0.54% or $0.3 during the last trading session, reaching $56.29. About 3.76M shares traded or 173.41% up from the average. Stifel Nicolaus maintained the shares of NUS in report on Monday, September 18 with "Sell" rating. On Tuesday, July 21 the stock rating was initiated by Sterne Agee CRT with "Neutral".

Korea to support 'normal transactions' of cryptocurrencies

February 20, 2018

Jung Ki-joon, head of the Economic Policy Coordination Office, is presumed to have suffered a heart attack while sleeping, according to police. South Korean authorities announced tougher steps towards cryptocurrency trading in the country in December.

William Hill fined £6.2m for money laundering failures

February 20, 2018

Neil McArthur, executive director at the Gambling Commission, said: "This was a systemic failing at William Hill which went on for almost two years and today's penalty package - which could exceed £6.2m - reflects the seriousness of the breaches".

Bristlecone Advisors LLC Has $4.75 Million Stake in Costco Wholesale Co. (COST)

February 20, 2018

The institutional investor held 30,078 shares of the technology company at the end of 2017Q3, valued at $5.14M, up from 27,999 at the end of the previous reported quarter. Therefore 64% are positive. Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Oppenheimer boosted their target price on shares of Costco Wholesale from $180.00 to $210.00 and gave the stock an "outperform" rating in a research note on Monday, January 8th.

Ambev SA (ABEV), The Coca-Cola Company (KO)

February 20, 2018

HSBC has "Buy" rating and $52 target. Finally, Zacks Investment Research cut The Coca-Cola from a "buy" rating to a "hold" rating in a report on Thursday, November 2nd. research analysts forecast that The Coca-Cola Co will post 2.03 earnings per share for the current year. The New Mexico-based Hanseatic Management Services Inc has invested 0.23% in the stock.

Jamie Oliver's Barbecoa Piccadilly crashes into administration but St Paul's site saved

February 20, 2018

The celebrity chef's company scrambled together a last-minute deal to save the group's other outlet - located near St Paul's Cathedral - with a newly created subsidiary in Oliver's business empire buying the City diner straight out of administration for an undisclosed sum.

Barclays Analysts Give Activision Blizzard (ATVI) a $70.00 Price Target

February 20, 2018

Moreover, Quinn Opportunity Limited has 0.32% invested in Activision Blizzard, Inc. (ATVI) declined -2.5% and closed its last trading session at $70.19. Eos Management L.P. holds 40.29% of its portfolio in Addus HomeCare Corporation for 3.74 million shares. The stock of Stericycle, Inc. (NASDAQ:ATVI).

Share Focus: Following the Technicals for UK Index MSCI Ishares (EWU)

February 20, 2018

Taking a closer look from a technical standpoint, First Trust Global Funds Public Limited (FTEU.L) presently has a 14-day Commodity Channel Index (CCI) of -137.59. Simply put, the ATR determines the volatility of a security over a given period of time, or the tendency of the security to move one direction or another.

WoodTrust Financial Corp Buys New Position in Philip Morris International Inc. (PM)

February 20, 2018

About 168,488 shares traded. Fisher Asset Management LLC lifted its holdings in Philip Morris International Inc. Philip Morris International (NYSE:PM) last released its quarterly earnings results on Thursday, February 8th. (NYSE:PM) on Thursday, January 11 with "Buy" rating. As per Wednesday, November 15, the company rating was maintained by Wells Fargo. Chairman at Philip Morris International, Inc., CAMILLERI LOUIS C on 2017-10-24 Sell 108979 shares of the company at a price of $108.38.

Highstreet Asset Management Inc. Reduces Stake in US Bancorp (USB)

February 20, 2018

The stock increased 0.76% or $0.42 during the last trading session, reaching $56.03. About 19.90 million shares traded. Investors Bancorp, Inc. (NASDAQ:ISBC) has risen 13.02% since February 19, 2017 and is uptrending. On Thursday, August 20 the stock rating was initiated by Sterne Agee CRT with "Neutral". The company was downgraded on Tuesday, December 12 by UBS. Zacks Investment Research lowered U.S.

Brilliant Fourcade claims mixed relay gold for France

February 20, 2018

Norway chased down the silver medal while Italy edged Germany off the podium by three tenths of a second to snatch a bronze medal from their grasp. Reigning world champions Germany ( Vanessa Hinz , Laura Dahlmeier , Erik Lesser , Peiffer) finished 0.3 seconds out of the medals in fourth, with Windisch just beating Peiffer to the line.

Ex-Pimlico Plumber could transform workers' rights in gig economy

February 20, 2018

Meanwhile, the Court of Appeal had ruled in February past year that Smith was a worker. A year ago, in Pimlico Plumbers Ltd and another v Smith , the Court of Appeal ruled that the plumber was a worker under statutory provisions entitling him to rights as a worker.

Is The Stock Risky? Williams Companies, Inc. (WMB)

February 20, 2018

Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 19, 2017 and is uptrending. It has underperformed by 5.48% the S&P500. Pinnacle Holdings Llc decreased its stake in Williams Companies (WMB) by 60.26% based on its latest 2017Q3 regulatory filing with the SEC.

Analysts Showing Optimistic Trends For Union Pacific Corporation (UNP)

February 20, 2018

Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator's stock worth $412,622,000 after purchasing an additional 1,670,095 shares during the period. Moreover, State Farm Mutual Automobile Insur Communication has 1.69% invested in Apple Inc. King Luther Mngmt Corp holds 1.07 million shares. Balyasny Asset Mngmt Limited Co has invested 0.04% of its portfolio in Union Pacific Corporation (NYSE:UNP).

" "Leerink Swann Reiterates "$67.00" Price Target for EXACT Sciences (EXAS)

February 20, 2018

Elk Creek Partners Llc who had been investing in Exact Sciences Corp for a number of months, seems to be less bullish one the $5.85 billion market cap company. Neuberger Berman Group Ltd Liability Company holds 0.02% or 266,433 shares in its portfolio. Lincoln reported 0.02% of its portfolio in Exact Sciences Corporation (NASDAQ:EXAS).

Stocks Highlights: SLM Corporation (SLM) and Weight Watchers International, Inc. (WTW)

February 20, 2018

After a recent check, Weight Watchers International , ( NYSE: WTW)'s last month price volatility comes out to be 5.55% which for the week stands at 3.76%. The company has its outstanding shares of 63.81M. Cim Inv Mangement reported 0.23% stake. Analysts expect Weight Watchers International , Inc. (NYSE:WTW) rating on Tuesday, November 7.

(MSFT) Position Cut by Carl Domino Inc

February 20, 2018

It has outperformed by 17.82% the S&P500. Fairview Capital Investment Management Llc decreased its stake in Qvc Group (QVCA) by 55.97% based on its latest 2017Q3 regulatory filing with the SEC. 239,299 were accumulated by Wallington Asset Mngmt Ltd Limited Liability Company. Anderson Hoagland & Company owns 64,304 shares. Since August 29, 2017, it had 0 insider buys, and 2 insider sales for $5.98 million activity.

Schlumberger Limited. (NYSE:SLB) Holdings Reduced by Investec Asset Management LTD

February 20, 2018

As a company has 1.38B shares outstanding and its current share price is $66.28, the market cap is $91.72B. WisdomTree Investments, Inc. (NASDAQ:WETF) closed at $10.41 a share in the latest session and the stock value rose nearly -17.05% since the beginning of this year.

$3.95 Billion in Sales Expected for Ross Stores, Inc. (ROST) This Quarter

February 20, 2018

It has underperformed by 4.67% the S&P500. Ami Asset Management Corp increased Innerworkings Inc. The SMA20 for the stock is at -0.96 percent, SMA50 stands at 0.14 percent, while SMA200 is 21.37 Percent, according to Finviz reported data.

Rating Roundup: Wisdomtree Invstmnts (WETF)

February 20, 2018

Stonebridge Capital Management Inc increased General Elec Co (GE) stake by 12.25% reported in 2017Q3 SEC filing. The shares were last seen trading 6.55% higher, taking the closing price at $10.41 on 02/16/2018. Cowen & Co initiated General Electric Company (NYSE:GE) on Tuesday, June 7 with "Market Perform" rating. The firm earned "Buy" rating on Tuesday, October 10 by Jefferies.

Goodyear Tire & Rubber (GT) Earning Somewhat Favorable News Coverage, Report Finds

February 20, 2018

Guardian Capital Lp who had been investing in Vermilion Energy Inc for a number of months, seems to be less bullish one the $4.06 billion market cap company. Zurcher Kantonalbank (Zurich Cantonalbank) holds 57,435 shares. Texas Yale Cap has invested 0.14% in Amgen Inc. Great West Life Assurance Can invested in 0.02% or 177,944 shares.

Walt Disney Co (NYSE:DIS) Stake Lessened by WINTON GROUP Ltd

February 20, 2018

The Benjamin F Edwards & Company Inc holds 24,399 shares with $2.41 million value, down from 27,681 last quarter. Columbus Hill Capital Management Lp who had been investing in Telecom Argentina S A for a number of months, seems to be bullish on the $7.10B market cap company.

Education Realty Trust Inc. (NASDAQ:EDR) To Report Earnings

February 20, 2018

It worsened, as 11 investors sold Arbor Realty Trust, Inc. shares while 21 reduced holdings. The stock closed the most recent session at $8.43 after seeing 407711 shares trade hands. On Wednesday, January 31 the stock rating was maintained by Stifel Nicolaus with "Hold". One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company's stock.

Range Resources (NYSE:RRC) Stock Rating Upgraded by ValuEngine

February 20, 2018

The hedge fund held 1.73 million shares of the oil & gas production company at the end of 2017Q3, valued at $33.76 million, up from 1.50M at the end of the previous reported quarter. Its the same as in 2017Q2. It has no change, as 55 investors sold Range Resources Corporation shares while 102 reduced holdings. only 52 funds opened positions while 160 raised stakes.

Performance boost for Renault Zoe

February 20, 2018

Renault says the all-new motor "combines extra power with even greater driving enjoyment" than the outgoing R90 engine. In addition to being able to enjoy the pleasure of driving a ZOE, drivers will also benefit from the longest range available for a mass-market electric vehicle..

Bitcoin price (BTC/USD) hits 3-week high above $11000

February 20, 2018

Litecoin was up $5, to $222.67, while Ripple XRP remained flat at $1.14. The broader rally in cryptocurrency prices has pushed the total market capitalization above $500 billion for the first time in the last three weeks. While countries like China and Russian Federation are cracking down on cryptocurrencies in various ways, the United States is taking its time drafting any form of regulation.

Japanese Company To Build Sustainable Skyscraper Made Out Of Wood

February 20, 2018

Sumitomo Forestry Co is planning to build a 1,148ft (350 metre), 70-floor tower to mark its 350 anniversary in 2041. W350 is by no means the first wooden skyscraper , with the current wooden height record going to the Brock Commons Tallwood House student accommodation in Vancouver.

Reliance to release 7 Days In Entebbe

February 20, 2018

Rabin is portrayed as pushing for negotiations with the Palestinian hostage takers, while Peres and others in the cabinet favor the rescue operation. Netanyahu's elder brother, Yonatan, was the only Israeli commando to die in the raid to free hostages and the Israeli Prime Minister has always maintained his brother played a heroic role.

SL Green Realty Corp (SLG) Given Consensus Recommendation of "Buy" by Brokerages

February 20, 2018

Following the sale, the director now directly owns 21,827 shares in the company, valued at $2,253,201.21. Travelport Worldwide Limited (NYSE:TVPT) has risen 5.67% since February 19, 2017 and is uptrending. As per Tuesday, August 23, the company rating was maintained by Jefferies. FBR Capital maintained the stock with "Hold" rating in Monday, December 4 report.

Domino's Pizza shares drop after revenue miss

February 20, 2018

Bank of Montreal (TSE:BMO) has 0.00% since February 19, 2017 and is. It has outperformed by 61.15% the S&P500. Domino's Pizza , Inc. has a 12 month low of $166.74 and a 12 month high of $221.91. (NYSE:JPM) or 48,344 shares. (NASDAQ:FB) for 13,436 shares. Scher Peter sold $1.91M worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13.

GeekWire: Amazon extends Prime credit card benefits to Whole Foods purchases

February 20, 2018

Amazon has made some other moves since the takeover. Amazon already offers the same cash back reward to cardholders for purchases from its website. The plan is to expand delivery nationwide later this year. Further, earlier this month, the company started two-hour delivery from Whole Foods stores in Austin, Dallas, Cincinnati and Virginia Beach to its Prime members.

Grocery store chain Albertsons to buy Rite Aid

February 20, 2018

Rite Aid CEO John Standley will serve as chief executive officer of the new company, the companies said, while his counterpart at Albertsons, Bob Miller, will be the chairman. In all, the combined company is expected to serve more than 40 million US customers per week at approximately 4,900 locations, 4,350 pharmacy counters, and 320 health clinics across 38 states and Washington D.C.

HSBC delivers large rise in profits as it pivots to Asia

February 20, 2018

HSBC said Gulliver's successor John Flint, now head of the bank's wealth management and retail banking division, would earn a salary of £1.2m in his new role, a fixed pay annual allowance of £1.7m and cash in lieu of pension set at 30% of salary.

Big Brother Watch 19 Million Local Authority Cyber Attacks

February 20, 2018

Jennifer Krueckeberg, lead researcher at Big Brother Watch, commented, "With councils hit by over 19million cyber-attacks every year, one would assume that they would be doing their utmost to protect citizens" sensitive information . "One of the greatest concerns around today's news that such a great number of council computer systems have been breached is the previous lack of communication around these attacks".

South Korean Crypto Regulation Official Found Dead

February 20, 2018

South Korean police are investigating the death of Jung Ki-joon, 52, who led economic policy at the Office for Government Policy Coordination. According to data from CryptoCompare, an estimated 4.5% of Bitcoin global transactions in 2017 involved the South Korean won, which made it the most commonly used fiat currency after the USA dollar, the Japanese yen, and the euro.

2500 jobs at risk as Maplin races to avoid administration

February 20, 2018

Maplin, which was founded in 1972 and has more than 200 stores nationwide, is in talks with several potential buyers and hopes to strike a deal this week. Maplin is said to be optimistic that the sale will be solvent rather than a pre-pack, which would be good news for the 2,500 people it employs. Maplin sign over store, electronics retail specialist.

Government Says PNB Fraud Points To Supervisory Failure At RBI

February 20, 2018

The PNB has lodged two financial fraud complaints of Rs. 11400 crore and Rs 280 crore against famous designer jeweler Nirav Modi , his family members and Mehul Choksi, the owner of Gitanjali Gems. The bank has said the two arrested employees colluded with companies belonging to jewellers Modi and Mehul Choksi. Nirav Modi, the alleged mastermind behind the biggest banking fraud in India's history, has claimed that Punjab National Bank's over-zealousness has shut the doors on his ability ...

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