Economy / 1022

NZ inflation slows more than expected, rates seen on hold

July 18, 2017

The RBNZ had forecast inflation of 0.3 per cent on a quarterly basis and 2.1 per cent on an annual basis for the second quarter of 2017. "Core inflation is still above the low point of 0.9% reached in 2015, but the drop highlights that even decent rates of economic growth aren't enough to generate much inflation", said Paul Dales, chief Australia and New Zealand economist at Capital Economics.

Foothills Asset Management Ltd. Cuts Stake in Intercontinental Exchange Inc. (ICE)

July 18, 2017

Analysts have placed a $68.05 price target on Intercontinental Exchange, Inc., suggesting a 3.81% gain from recent close. The shares were sold at an average price of $58.27, for a total transaction of $349,620.00. The financial services provider reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. Hs Management Partners Llc increased Microsoft Corp (NASDAQ:MSFT) stake by 510,387 shares to 2.07M valued at $128.61M in 2016Q4.

Barings LLC Has $313000 Stake in Boyd Gaming Corporation (BYD)

July 18, 2017

It has underperformed by 1.67% the S&P500. Boyd Gaming Corporation's dividend payout ratio is now 5.48%. Insiders have sold a total of 202,763 shares of company stock worth $5,032,829 in the last quarter. Therefore 100% are positive. Boyd Gaming Corporation has a 52-week low of $16.77 and a 52-week high of $26.20. Boyd Gaming Corporation has a 12-month low of $16.77 and a 12-month high of $26.20.

$0.93 EPS Expected for Canadian National Railway (USA) (CNI)

July 18, 2017

Cowen and Company raised their price objective on Canadian National Railway from $77.00 to $81.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 25th. The Company's network and connections to all Class I railroads provide its clients access to the three North American Free Trade Agreement nations. Investors sentiment increased to 1.33 in 2016 Q4.

The Colonial Trust Advisors Increases Stake in Whirlpool Corporation (NYSE:WHR)

July 18, 2017

Whirlpool Corp now has $14.23 billion valuation. The stock's average target of $195.50 is 1.69% above today's ($192.26) share price. Analysts await Whirlpool Corporation (NYSE:WHR) to report earnings on July, 28. In related news, insider Marc R. Bitzer sold 19,314 shares of the stock in a transaction on Wednesday, May 10th. Raymond James Tru Na invested 0.24% of its portfolio in Whirlpool Corporation (NYSE:WHR).

North Korea threatens UN

July 18, 2017

This growing threat of a conflict and North Korea's increasing belligerence should serve to strengthen ties, bilaterally and trilaterally, between Washington, Tokyo, and Seoul. Beijing has been joined by Moscow in its "suspension-for-suspension" proposal, in which North Korea suspends weapons tests, while South Korea and the USA defer further large-scale military exercises.

Hudock Capital Group LLC Reduces Position in Wal-Mart Stores, Inc. (WMT)

July 18, 2017

Stifel Nicolaus has "Hold" rating and $72 target. Shares of Wal-Mart Stores (NYSE: WMT ) opened at 76.34 on Friday. The firm has "Market Perform" rating by Telsey Advisory Group given on Wednesday, August 19. The stock rose 0.30% or $0.23 reaching $76.57 per share. About 101 shares traded. M Partners maintained Wal-Mart Stores Inc (NYSE:WMT) rating on Friday, February 19.

The Teekay Corporation (NYSE:TK) Downgraded to Sell at BidaskClub

July 18, 2017

Several other analysts also recently issued reports on TGP . Year to date is -13.67%, -1.79% over the last quarter, -9.67% for the past six months and -1.54% over the last 12 months. Investors of record on Friday, August 4th will be issued a dividend of $0.14 per share. Its revenue has grown at an average annualized rate of about 3.40% during the past five years.

JJJ Advisors Inc. Has $3.22 Million Position in Antero Resources Corporation (AR)

July 18, 2017

About 95,677 shares traded. Rhumbline Advisers owns 0% invested in Chimerix Inc (NASDAQ:CMRX) for 43,892 shares. Ecor1 Capital Llc, which manages about $299.43M US Long portfolio, decreased its stake in Cytokinetics Inc (NASDAQ:CYTK) by 791,775 shares to 54,879 shares, valued at $667,000 in 2016Q4, according to the filing.

Parametric Portfolio Associates LLC Raises Stake in Kindred Healthcare, Inc. (NYSE:KND)

July 18, 2017

If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. (NYSE:KND) rating on Wednesday, July 6. Mizuho maintained the stock with "Neutral" rating in Tuesday, February 28 report. On November 10 the company was changed to a "Sector Perform" in a report from RBC Capital which is down from the previous "Outperform" rating.

Canadian Solar (CSIQ) Receiving Somewhat Favorable Media Coverage, Study Finds

July 18, 2017

Previously Canadian Solar Inc (NASDAQ: CSIQ ) reported $-0.23 earnings per share (EPS ) for the quarter, missing the consensus estimate of $0.04 by $-0.27. During the same period in the prior year, the firm posted $0.39 EPS. FBR & Co reissued a "mkt perform" rating and set a $13.00 target price (up from $12.00) on shares of Canadian Solar in a research note on Wednesday, March 22nd.

Mother Found Dead With 2 Kids Killed Another Woman Hours Earlier

July 18, 2017

In the weeks leading up to the shootings, however, Miller said police received three calls about Edens. The Pickens Co. Sheriff's Office says Jessica Edens is the mother of the two kids whom have different biological fathers. One of the children was speaking to the husband, according to the police report. Police had been out to Jessica Edens' house the day before and she had complained to one of the officers that her estranged husband was having an affair.

Malala Yousafzai visits Osinbajo at the Presidential villa

July 18, 2017

Also speaking with journalists, Ziauddin Yousafzai, her father and co-founder of Malala Fund, said the vision of the Malala Fund was to ensure that every girl in the world gets quality, free education. She had also called on the global community to assist Nigeria and Africa in ensuring that schoolchildren get quality education and urged governments across the continent to increase funding for education.

Tyga, CJ Wallace Cast in Season 3 of MTV's 'Scream' Series

July 18, 2017

While news on the series has gone cold since then, The Hollywood Reporter has just confirmed that rappers/actors Tyga and C.J. Wallace have joined the series in leading roles . Amir is a socially awkward savant who dreams of making music one day, an ambition he must stifle and keep to himself. Facing death makes Amir reconsider what he wants for his life and the lengths he's willing to go to find his identity and chase his dreams - should he survive.

Traders Purchase High Volume of Put Options on Freeport-McMoran (NYSE:FCX)

July 18, 2017

Wainwright with "Buy". The stock increased 0.19% or $0.07 on July 14, reaching $37.76. Clarkson Capital reaffirmed a "neutral" rating on shares of Freeport-McMoran in a research report on Monday. Therefore 25% are positive. The firm has "Buy" rating by Deutsche Bank given on Saturday, August 29. Finally, FBR & Co reissued a "hold" rating and set a $13.00 price target on shares of Freeport-McMoran in a research report on Wednesday, April 5th.

EPS for Kilroy Realty Corp (KRC) Expected At $0.88

July 18, 2017

Finally, Zacks Investment Research cut shares of Realty Income Corporation from a "hold" rating to a "sell" rating in a report on Wednesday, June 28th. Moreover, Cohen & Steers has 2.25% invested in Kilroy Realty Corp (NYSE:KRC) for 11.11 million shares. 20,400 are owned by Driehaus Capital Limited Com.

PUMA Q2 Preliminary EBIT Rises; Raises Full-year Guidance

July 18, 2017

Global sporting events such as the Summer Olympics in Rio de Janeiro and the UEFA Euro 2016 tournament helped showcase the leaping-cat logo to millions worldwide. That prompted Puma to lift its operating profit prediction to between €205 and €215 million (US$235-US$256 million) for 2017, up from past guidance of between €185 and €200 million.

QTS Realty Trust Inc (QTS) Analysts See $0.65 EPS

July 18, 2017

The correct version of this piece can be read at https://www.themarketsdaily.com/2017/07/17/dixon-hubard-feinour-brown-inc-va-has-346000-position-in-vornado-realty-trust-nysevno.html. (NYSE:DLR) to report earnings on July, 27 after the close. Over the last week of the month, it was -2.16%, -6.86% over the last quarter, and -0.91% for the past six months.

Yahoo Inc (NASDAQ:AABA) Institutional Investors Q4 2016 Sentiment

July 18, 2017

CBS Corp had 64 analyst reports since August 6, 2015 according to SRatingsIntel. They issued an "overweight" rating on the stock. The legal version of this piece of content can be read at https://transcriptdaily.com/2017/07/13/yahoo-inc-aaba-earns-overweight-rating-from-analysts-at-j-p-morgan-chase-co-updated.html.

UT stabbing suspect indicted for murder, new charges

July 18, 2017

White, 21, is now charged with three counts of aggravated assault for injuring three students when he allegedly went on a stabbing spree on campus on May 1. In the weeks between the DWI and the stabbing attack, White's parents said they took him to an emergency room in their hometown of Killeen, which prompted an involuntarily commitment at a psychiatric hospital.

Tower Semiconductor (NASDAQ:TSEM) Earns Daily Media Impact Rating of 0.31

July 18, 2017

Finally, JPMorgan Chase & Co. increased its position in shares of Tower Semiconductor by 319.3% in the first quarter. While in the same Quarter Previous year, the Actual EPS was $0.39. has a 52 week low of $11.74 and a 52 week high of $26.41. On average, equities research analysts predict that Tower Semiconductor Ltd. will post $2.03 earnings per share for the current fiscal year.

United Parcel Service, Inc. (UPS) Shares Sold by Pioneer Investment Management Inc

July 18, 2017

Using a broader approach, the stock has been trading 16.71% off of the 200-day moving average. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) yearly performance is -11.10% and net profit margin is 5.00%. Therefore 31% are positive. BMO Capital Markets downgraded the stock to "Market Perform" rating in Wednesday, February 1 report. The firm has "Buy" rating by Bank of America given on Tuesday, January 24.

Coca-Cola Company (The) (KO) Earning Somewhat Favorable Media Coverage, Accern Reports

July 18, 2017

Janney Montgomery Scott LLC raised its position in Coca-Cola Company (The) by 9.0% in the first quarter. Focused Wealth Management, Inc bolstered its position by buying 6 shares an increase of 0.5% in the quarter. TRADEMARK VIOLATION WARNING: "Coca-Cola Company (The) (KO) Position Reduced by 1ST Source Bank" was first published by BBNS and is the property of of BBNS.

Fulton Financial Corporation (FULT) Stake Held by Glenmede Trust Co. NA

July 18, 2017

Boenning & Scattergood upgraded it to "Outperform" rating and $14.0 target in Wednesday, October 21 report. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company.

Advanced Micro Devices, Inc. (AMD) PT Raised to $17.00 at Craig Hallum

July 18, 2017

AMD has been the subject of several other research reports. Thrivent Financial for Lutherans now owns 131,570 shares of the semiconductor manufacturer's stock worth $1,492,000 after buying an additional 19,360 shares during the period. Finally, Harbor Advisors LLC acquired a new stake in Advanced Micro Devices during the first quarter valued at approximately $146,000. COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Sports Perspectives and is the sole property of of ...

Tempur Sealy International, Inc. (NYSE:TPX) Upgraded to "Buy" by BidaskClub

July 18, 2017

Nomura Asset accumulated 280 shares or 0% of the stock. It has underperformed by 36.49% the S&P500. Plante Moran Financial Advisors Llc increased Stryker Corporation (SYK) stake by 9.9% reported in 2016Q4 SEC filing. 51,404 were reported by Allianz Asset Mgmt Ag. The Company operates in two segments: North America and worldwide. (NYSE: TPX ) recently saw its volume around 1.25 million shares and on average it trades 1.27 million shares a day.

Diageo PLC (DEO) Shares Sold by M Holdings Securities Inc

July 18, 2017

Morgan Stanley (NYSE:MS) has risen 57.08% since July 17, 2016 and is uptrending. It has underperformed by 3.88% the S&P500. Wellington Management Group LLP increased its stake in shares of Diageo PLC by 1.8% in the first quarter. Deroy & Devereaux Private Investment Counsel Inc, which manages about $945.37 million and $843.59 million US Long portfolio, decreased its stake in Huntington Bancshares Inc (NASDAQ:HBAN) by 564,069 shares to 818,482 shares, valued at $10.82 million in 2016Q4, ...

Ethan Allen Interiors Inc. (ETH) Receives $33.25 Average PT from Analysts

July 18, 2017

Ethan Allen Interiors (NYSE:ETH) opened at 30.60 on Tuesday. (NYSE:ETH) to report earnings on July, 25. (NYSE:BR) or 3,746 shares. With 339,300 avg volume, 11 days are for Ethan Allen Interiors Incorporated (NYSE:ETH)'s short sellers to cover ETH's short positions.

Invesco California Value Municipal Income Trust

July 18, 2017

Accern also gave media stories about the investment management company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. It has underperformed by 20.56% the S&P500. The firm has "Hold" rating given on Friday, July 7 by Canaccord Genuity. Berenberg initiated Boeing Co (NYSE:BA) on Wednesday, March 29 with "Buy" rating.

Bank Of New York Mellon Corporation (The) (NYSE:BK) stock to follow

July 18, 2017

The Firm also has an Other segment, which includes the leasing portfolio, corporate treasury activities, derivatives and other trading, corporate and bank-owned life insurance and renewable energy investments, and business exits. Company insiders own 3.60% of the company's stock. Moreover, St. James Investment Company Llc has 7.54% invested in the company for 1.32 million shares.

'It' Director Andy Muschietti to Helm 'Robotech' for Sony

July 18, 2017

The story is set in a time when Earth has developed giant robots from the technology of an alien spacecraft that crashed on a South Pacific island and is now using that technology to fight off an impending alien invasion. Sanford Panitch and Matthew Milam are overseeing for Columbia. The director made an impact with the Guillermo Del Toro-produced horror Mama , and there is much anticipation for It, which arrives in September.

Wall Street opens flat in run-up to big earnings

July 18, 2017

Shortly after the opening bell, the Dow Jones Industrial Average was down 7.86 points, or 0.04 percent, to 21,629.88. The Standard & Poor's 500 index fell 0.13 points to 2,459.14. No market moving economic reports were released on Monday. In the broad market, utilities stocks led gains and health care stocks led losses. The Russell 2000 is up 74.47 points, or 5.5 percent.

Visa challenges businesses to go cashless

July 18, 2017

Payments giant Visa has revealed plans to potentially offer United Kingdom small businesses and start-ups thousands of pounds if they opt to refuse all cash payments in favour of debit card, credit card and mobile transactions . Visa isn't just calling on other businesses to start going cashless; it's also actively demonstrating the impact of cashless operations by serving as the official payment partner of the first ever Formula E running, the New York City ePrix.

Amber Harrison ordered to pay costs of Seven West Media

July 18, 2017

Justice John Sackar on Monday found she had made a decision to contest the company's claim and run a cross-claim mounted on allegations she wasn't able to back up. B&T has sought extra comment from Ms Harrison. Justice John Sackar said Ms Harrison made a decision to contest Seven's claim and run a cross-claim "mounted on allegations she could not substantiate".

Brokerages Anticipate JB Hunt Transport Services, Inc

July 18, 2017

The company said second-quarter earnings per share was 88 cents, less than the FactSet consensus of 91 cents and down from 92 cents in the same quarter past year. J B Hunt Transport Services Inc has a 52 week low of $76.20 and a 52 week high of $102.38. The firm has a market cap of $10.10 billion, a price-to-earnings ratio of 23.85 and a beta of 0.93.

The Southwest Airlines Company (NYSE:LUV) Downgraded to "Buy" at BidaskClub

July 18, 2017

Leuthold Group Llc sold 17,970 shares as Southwest Airlines Co. The Arosa Capital Management Lp holds 750,000 shares with $40.57 million value, down from 1.36 million last quarter. Six analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. Therefore 73% are positive. The company now has a consensus rating of Buy and a consensus price target of $63.80.

Diese zwei Kindersitze sind gefährlich, warnt Stiftung Warentest

July 18, 2017

Mit diesem Test hat sich etwas wiederholt, was die Stiftung Warentest schon im vergangenen Jahr bemängelt hat: Denn wieder soll der Kindersitz " Optia " des fränkischen Herstellers Recaro bei einem Frontalcrash mit der Kinderpuppe durchs Labor geflogen sein.

Dubai's RTA inspects 50 new trains for Metro

July 18, 2017

Director-general and chairman of the board of the Roads and Transportation Authority (RTA), Mattar Al Tayer, visited France to inspect the progress on the manufacturing process. "The RTA has introduced some additions and modifications to the interior design of the metro carriages such as dedicating the last carriage for ladies and children and leaving part of the first carriage for the Gold Class and other carriages for Silver Class", remarked Al Tayer.

Fed Fines BNP Paribas, Units $246 Million For 'Unsound' Forex Practices

July 18, 2017

The board said the bank had insufficient oversight and controls over its FX traders, who allegedly discussed trading positions with competitors, using electronic chat rooms. The fines come amid a larger Federal Reserve Board investigation of currency market manipulation. In addition to the fine, the Fed ordered BNP Paribas to overhaul how its senior management conducts oversight, and heighten controls on its foreign exchange trading.

Delcath Systems (NASDAQ:DCTH) Given Daily Media Sentiment Rating of 0.31

July 18, 2017

The stock closing price is now trading upward to its 50 day moving average with change of 57.50%, tumbled to its 20 day moving average with figure of -16.93% and behind its 200 day moving average with value -81.83%. The company have shares float of 427.27 million. Because of these issues, institutional investors seldom invest in low-float stocks. Its last month's stock price volatility remained 29.53% which for the week stands at 41.65%.

Walmart Apologizes For Racist 'N*gger Brown' Product Listing

July 18, 2017

Following the backlash, the racial slur disappeared from the description for the wig cap which the site said is sold by Jagazi Naturals. Many turned the use of "N***er Navy" into something of a joke, and the term was even trending on Twitter.

Noteworthy Stock to Watch for: Ocean Rig Udw Inc (NASDAQ:ORIG)

July 18, 2017

It has a market cap of $16.58 Million. The SMA20 for the stock is at 29.51 percent, SMA50 stands at 4.29 percent, while SMA200 is -76.96 Percent, according to Finviz reported data. The stock hit its 52-week high on 12/12/16, and 52-week low on 07/14/17. An M-Score more than -2.22 suggests that the company is likely to be a manipulator.

Real Madrid reject Tottenham bid

July 18, 2017

Poch has plenty of cash to spend after selling right-back Kyle Walker to Manchester City last week . Tottenham have reportedly placed Mateo Kovacic on their transfer shortlist this summer, making a €25m bid for the midfield ace. Tottenham may consider to reignite their interest in the player if Real Madrid put him on the market but AS points out that they could face competition from Inter and AC Milan.

United Technologies Corporation (NYSE:UTX) Position Boosted by American Century Companies Inc

July 18, 2017

Corporate insiders own 0.16% of the company's stock. About 945,356 shares traded. United Technologies Corporation (UTX ) opened at 123.41 on Monday. The stock of United Technologies Corporation (NYSE:UTX) earned "Hold" rating by Deutsche Bank on Tuesday, August 25. Therefore 33% are positive. First Pacific Lc invested 5.52% of its portfolio in United Technologies Corporation (NYSE:UTX).

Horizon Global Corporation (NYSE:HZN) Given News Impact Score of 0.31

July 18, 2017

Finally, Zacks Investment Research upgraded shares of Horizon Global Corporation from a "hold" rating to a "buy" rating and set a $16.00 price objective for the company in a research report on Wednesday. Bank Of Montreal /can/ controls 376 shares with a value of $5,000. Etrade Management Lc owns 22,596 shares for 0.02% of their portfolio. Accern also assigned media stories about the investment management company an impact score of 95 out of 100, indicating that recent press coverage is ...

Goldman Sachs Group, Inc

July 18, 2017

Inverness Counsel Llc who had been investing in Mobileye Nv for a number of months, seems to be less bullish one the $14.10B market cap company. The overall volume in the last trading session was 3.71 million shares. The firm earned "Outperform" rating on Friday, February 24 by Scotia Capital. The rating was maintained by Scotia Capital with "Outperform" on Friday, August 7.

Closely Watching Gold Fields Ltd (GFI)'s Indicators — Stock Focus

July 18, 2017

About 490,135 shares traded. It has underperformed by 16.70% the S&P500. North Tide Limited Liability reported 6.12% stake. SXT's SI was 833,100 shares in July as released by FINRA. Therefore 66% are positive. Cowen and Company reissued a "buy" rating and set a $100.00 price objective on shares of Gilead Sciences in a report on Monday, April 17th.

Hertz Global Holdings, Inc (HTZ) Debt Trading 0.5% Higher

July 18, 2017

Usually the RSI is considered overbought when above 70 and oversold when less than 30. The company has an average rating of "Hold" and a consensus target price of $22.71. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. Stock value has moved between $67.35 - 82.39 in last one year.

EI Du Pont De Nemours And Co (DD) EPS Estimated At $1.29

July 18, 2017

Zacks Investment Research raised shares of E.I. du Pont de Nemours and Company from a "hold" rating to a "buy" rating and set a $87.00 price objective for the company in a research note on Wednesday, April 19th. du Pont de Nemours and by 1.3% in the first quarter. The basic materials company reported $1.64 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.38 by $0.26.

Bank of Nova Scotia Purchases New Stake in Cirrus Logic, Inc. (CRUS)

July 17, 2017

Intel Corporation (NASDAQ:INTC) has risen 19.47% since July 13, 2016 and is uptrending. It has underperformed by 7.35% the S&P500. Lazard Asset Management LLC raised its position in Cirrus Logic by 82.7% in the first quarter. (NASDAQ:CRUS) on Tuesday, June 21 with "Buy" rating. 07/28/2016 - Cirrus Logic, Inc. had its "equalweight" rating reiterated by analysts at Barclays.

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