Finance

Why Tempur Sealy International Inc. Stock Fell Thursday

The stock increased 2.17% or $1.17 during the last trading session, reaching $54.97. About 8.58 million shares traded. Rowan Companies plc (NYSE:RDC) has declined 16.50% since February 16, 2017 and is downtrending. Fogg who owns 826,942 shares (1.53% of those outstanding), whilst David Montgomery holds 326,746 (0.60% of shares outstanding) and Scott L. Thompson holds 245,019 (0.45% of shares outst... [Full Article...]

David Davis: Brexit "will not change the kind of country Britain is"

David Davis: Brexit But the EU's chief negotiator, Michel Barnier , has proposed that it end on December 31st, 2020, when the EU's current seven-year budget period ends. The British government says those arriving during the transition period will have different expectations. Addressing Austrian business leaders, he said the commitment offered a "clear read across" into the forthcoming talks on a free-trade deal ... [Full Article...]

Ford NA president out after investigation into inappropriate behavior

Ford NA president out after investigation into inappropriate behavior Ford Motor said on Wednesday he had left the company after engaging in actions that were inconsistent with the carmaker's code of conduct. Ford's president of North America, Raj Nair, is no longer with the company - effective immediately. [Full Article...]

Were Analysts Bullish Laird PLC (LON:LRD) This Week?

Were Analysts Bullish Laird PLC (LON:LRD) This Week? It has outperformed by 7.97% the S&P500. Among 5 analysts covering Capital & Regional ( LON:CAL ), 3 have Buy rating, 0 Sell and 2 Hold. Glencore (LON: GLEN ) had its target price hoisted by Royal Bank of Canada from GBX 450 ($6.22) to GBX 470 ($6.49) in a research report sent to investors on Friday morning. [Full Article...]

13-digit SIM not for mobiles: DoT

13-digit SIM not for mobiles: DoT The report comes on heels of Bharat Sanchar Nigam Limited giving instructions to network equipment providers Nokia and ZTE Telecom to ensure all devices they give to the telecom operator have 13-digit mobile numbers. Update: Sources within Jio, one of the biggest telecom operator in India, have confirmed to India Today Tech that the 13-digit numbers are only for the M2M SIM cards. [Full Article...]

Walmart Earnings: Walmart Inc Stock Sinks on Q4 Miss

Walmart Earnings: Walmart Inc Stock Sinks on Q4 Miss The stock decreased 1.98% or $3 during the last trading session, reaching $148.55. About 430,336 shares traded. Gateway Investment Advisers LLC's holdings in Wal-Mart Stores were worth $83,823,000 as of its most recent SEC filing. Bernstein initiated Walmart Inc . (NYSE: WMT ). British Columbia Inv Management accumulated 748,020 shares or 0.45% of the stock. As of Friday's market close, Walma... [Full Article...]

(MSFT) is Trust Investment Advisors' 2nd Largest Position

Microsoft Corporation (NASDAQ: MSFT ) inching up 0.78% to trade at $92.72 in active leading trade session. About 63,599 shares traded. Wellington Management Group Llp increased its stake in Lilly Eli & Co (LLY) by 5.56% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

NDP carves out future for BC with first budget

NDP carves out future for BC with first budget During the province's 2018 budget announcement on Tuesday, Finance Minister Carole James said the government will eliminate premiums by January 1, 2020. Over the next three years, it includes plans to invest more than C$ 1 billion in childcare, C$1.6 billion in affordable housing, and to also eliminate healthcare premiums at an annual cost of about C$ 1 billion . [Full Article...]

IShares North American Natural Resources (IGE) Declines 0.3% for Feb 18

IShares North American Natural Resources (IGE) Declines 0.3% for Feb 18 Starfire Investment Advisers Inc. acquired a new stake in iShares Edge MSCI Min Vol EAFE ETF in the fourth quarter valued at $1,466,000. Commerzbank Aktiengesellschaft FI now owns 733,760 shares of the exchange traded fund's stock valued at $30,590,000 after purchasing an additional 55,265 shares during the last quarter. [Full Article...]

Brokerage Overview of: Washington Real Estate Investment Trust (WRE)

Brokerage Overview of: Washington Real Estate Investment Trust (WRE) The stock decreased 0.17% or $0.21 during the last trading session, reaching $120.79. With 657,800 shares average volume, it will take short sellers 14 days to cover their ARE's short positions. Nuveen Asset Mgmt Limited Liability reported 251,469 shares. Investors Real Estate Trust has $9.0 highest and $6 lowest target. Bnp Paribas Arbitrage Sa holds 56,323 shares. [Full Article...]

Bitcoins for free? Japanese cryptocurrency exchange commits blunder

Bitcoins for free? Japanese cryptocurrency exchange commits blunder Companies and exchanges are becoming more and more vulnerable to "glitches" and cryptocurrency mining attacks. A glitch at a Japanese cryptocurrency exchange allowed some users to buy digital currencies for free, heightening concerns over the security of such trading platforms. [Full Article...]

JPMorgan Chase to build a new headquarters in New York City

JPMorgan Chase to build a new headquarters in New York City The announcement ends a beef between Dimon and de Blasio over $1 billion in tax breaks the company wanted in exchange for building two towers on the West Side. JPMorgan said the project will create 8,000 construction-related jobs. JPMorgan Chase & Co. plans to build a new headquarters at its existing Manhattan site in the first major project under a rezoning law passed past year that aims to rev... [Full Article...]

Federal Bureau of Investigation admits it failed to act on tip on Florida school shooter

In more evidence that there had been signs of trouble with the suspect, Broward County Sheriff Scott Israel said at a Friday news conference that his office had received more than 20 calls about Nikolas Cruz in the past few years. "There is only one question: Should this young man live or should he die by execution?" "We believe it's in nobody's best interest to go through a circus of a tr... [Full Article...]

Existing-Home Sales Fell 3.2% in January

Existing-Home Sales Fell 3.2% in January That puts sales 4.8 percent below a year ago, which makes for the largest annual decline since August 2014's 5.5 percent. January's increase was the 71st straight month of year-on-year price rises. "The underproduction of single-family homes over the last decade has played a predominant role in the current inventory crisis that is weighing on affordability", Yun said. [Full Article...]

Wynn Resorts (NASDAQ:WYNN) Cut to Neutral at UBS Group

Wynn Resorts (NASDAQ:WYNN) Cut to Neutral at UBS Group About 722,438 shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since February 21, 2017 and is uptrending. It has outperformed by 20.93% the S&P500. Citigroup set a $228.00 price target on shares of Wynn Resorts and gave the company a "buy" rating in a report on Tuesday, January 23rd. Wynn Resorts (NASDAQ:WYNN) last posted its earnings results on Monday, January 22nd. [Full Article...]

Dollar higher, stocks flat after Fed confidence in rate course

Dollar higher, stocks flat after Fed confidence in rate course Michael O'Rourke, chief market strategist at JonesTrading, discusses the auction calendar for Treasuries. While Treasury auctions have been soft in recent weeks, looking at yields and where they are now it may be something that could be hard to ignore. [Full Article...]

American Electric Power Company, Inc. (NYSE: AEP)

The company has a market capitalization of $32,720.00, a PE ratio of 17.33, a P/E/G ratio of 3.21 and a beta of 0.18. (NYSE: AEP ). The stock saw a move of 0.75% during the latest trading session. The Oberweis Asset Management Inc holds 96,390 shares with $2.44M value, up from 49,700 last quarter. Wetherby Asset holds 0.64% or 177,360 shares. Moreover, Cambridge Trust has 0.06% invested in Waste M... [Full Article...]

Netanyahu Warns Israel Could Attack Iran if Tehran's Aggression Continues Unchecked

Netanyahu Warns Israel Could Attack Iran if Tehran's Aggression Continues Unchecked In a moment of drama, he brandished what he said was a piece of an Iranian drone shot down in Israeli territory. "You should, it's yours". In response , Israel launched an offensive against Syrian and Iranian targets in Syria . Although conceding that Iran was not equivalent to Nazi Germany, Netanyahu said that the world must take action now to stop the Islamic Republic from expanding it... [Full Article...]

MOUs worth Rs. 55000 cr signed at UP Investors Summit

MOUs worth Rs. 55000 cr signed at UP Investors Summit More than 200 industrialists and businessmen, including Mukesh Ambani, Gautam Adani , Subhash Chandra, Kumar Mangalam Birla and M Chandrashekharan, are participating in the summit. Reliance Chairman Mukesh Ambani also stressed that Uttar Pradesh is "not rising, but racing ahead in development". "What happened in UP in last 10 months is very appreciable". [Full Article...]

Jeff Bezos builds giant solar power clock

Jeff Bezos builds giant solar power clock Workers install components of the 10,000 Year Clock in an underground chamber in Texas. As the website notes: "The nearest airport is several hours away by vehicle", and you'll then have to traverse a foot trail around 2,000 feet above the valley floor. [Full Article...]


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