Finance

Amazon reports US$1.9 bln quarterly profit, its largest ever

Amazon reports US$1.9 bln quarterly profit, its largest ever AWS reported an operating income of $1.3 billion out Amazon's $1.9 billion net income, which is its record high. Amazon's cloud business sales jumped 45 per cent in the fourth quarter, the company has recently announced. Shares are now up over 2% in after-hours trading. At least 13 brokerages raised their price targets on the stock , highlighting the company's growth potential from ri... [Full Article...]

January's Wage Growth Was Fastest in almost a Decade

January's Wage Growth Was Fastest in almost a Decade Healthcare contributed less to the 200,000 jobs added to the economy overall in January, with construction and food service dominating employment gains, according to the U.S. Yet now even Salt Lake City is becoming competitive. "Most economists", The Times's Ben Casselman writes this morning in light of the jobs report, "contend that Mr. [Full Article...]

Valero Energy Partners LP (NASDAQ:VLP) Expected To Report Earnings On Friday

The oil and gas company reported $1.16 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.08. Valero Energy Corporation (VLO) stock price traded at a gap of -1.36% from an average price of last twenty days and stands at a distance of 4.59% away from it's an average price of recent fifty days. [Full Article...]

American Airlines Group (AAL) Releases FY18 Earnings Guidance

American Airlines Group (AAL) Releases FY18 Earnings Guidance Highland Capital Management Lp sold 933,225 shares as American Airls Group Inc (Call) ( AAL)'s stock declined 3.60%. The Pomelo Capital Llc holds 65,000 shares with $3.09M value, down from 3.84M last quarter. It also upped Adecoagro S A (NYSE:AGRO) stake by 159,480 shares and now owns 379,122 shares. Among 23 analysts covering American Airlines Group (NASDAQ: AAL ), 13 have Buy rating, 3 Sell a... [Full Article...]

Court rules against Cordray interpretation of RESPA

Court rules against Cordray interpretation of RESPA The company, which services and originates mortgages through its Liberty Home Equity Solutions arm, was hoping to see the bureau's authority hamstrung amid a CFPB lawsuit alleging improper handling of escrow accounts, mortgage servicing issues, and other improper conduct. [Full Article...]

Starbucks Corporation (NASDAQ:SBUX)

Among active positions in the latest quarter, 659 holders increased their positions by a total of 92.45 million shares, 699 holders decreased the positions by a total of 105.41 million shares, and 155 holders held their positions. As per Thursday, September 28, the company rating was maintained by Mizuho. The stock of Teradyne, Inc. Pacific Crest maintained Teradyne, Inc. The stock has "Neutral" r... [Full Article...]

Facebook decides it's time to ban all cryptocurrency and ICO ads

Facebook decides it's time to ban all cryptocurrency and ICO ads Facebook has banned all adverts promoting cryptocurrencies , including Bitcoin and initial coin offerings ( ICO ), in order to crack down on deceptive marketing activity around the promotion of financial products and services. The crackdown on crypto exchanges seems to be a good move when you are under scrutiny for changing News Feed. "Misleading or deceptive ads have no place on Facebook... [Full Article...]

Stock under Discussion: Murphy Oil Corporation (MUR)

Stock under Discussion: Murphy Oil Corporation (MUR) The stock traded with the average Volume of 2.33 Million at the end of last session. For MUR , the company now has 997.21 million of cash on the books, which is offset by 9.78 million in current liabilities. Its up 0.31, from 0.85 in 2017Q2. It dropped, as 13 investors sold Actuant Corporation shares while 47 reduced holdings. 45 funds opened positions while 90 raised stakes. [Full Article...]

WestJet's Swoop Unit Plans US, Mexico Flights for Second Half

WestJet's Swoop Unit Plans US, Mexico Flights for Second Half Swoop is promoting the new flights by offering the first 2,000 seats for only the cost of taxes and fees on launch routes. Tickets officially went on sale Thursday for WestJet's ultra low-priced carrier Swoop , but no Island destinations have made the list - yet. [Full Article...]

Notley: BC pipeline play 'an attack' on Confederation

Notley: BC pipeline play 'an attack' on Confederation But with Prime Minister Justin Trudeau in town Thursday, there's a chance Notley might go above British Columbia's head; she hinted at such a move Wednesday, when she called on "all Canadians and the federal government" to support Alberta. [Full Article...]

National Basketball Association wrap: LeBron James steps up to lead Cavaliers past Heat

National Basketball Association wrap: LeBron James steps up to lead Cavaliers past Heat As a wise cartoon philosopher once said , good grief. Love is a defensive liability and there were rumors of chemistry issues with Love and teammates. It's a big-time "what could have been" moment for the Cavs , who have alternately been blessed to have a player with Love's offensive capabilities struggled due to team defense exacerbated by Love's natural limitations on the defensive end. [Full Article...]

After surgery, Eagles fan frets: Did I miss the Super Bowl?

We had a great practice (Wednesday) from a tempo standpoint. Foles might not have to necessarily be the Eagles' best player - but he might have to be at least close to being as good as counterpart Tom Brady , which of course is no small task. [Full Article...]

Why Ford Motor Company Might Be a Great Buy on the Dip

Buckingham Research downgraded Ford Motor Company (NYSE:F) on Tuesday, September 20 to "Neutral" rating. As per Monday, January 22, the company rating was maintained by RBC Capital Markets. Nomura downgraded General Motors Company (NYSE:GM) rating on Wednesday, November 1. (NASDAQ:INTU). Peak6 Invs LP accumulated 15,506 shares. San Francisco Sentry Group (Ca) reported 223 shares. [Full Article...]

Railways Budget focuses on growing mobility

Railways Budget focuses on growing mobility However as expected, no major new trains nor any change in the passenger fare structure were announced in the Budget . The lifeline of Mumbai is proposed to be augmented with an additional pair (Up and Down) of 90 km rail tracks, to be constructed at a cost of Rs 11,000 crore, said Western Railway (WR) Divisional Railway Manager Mukul Jain. [Full Article...]

US Shale Growth Could Support Caribbean Oil Storage Terminals

US Shale Growth Could Support Caribbean Oil Storage Terminals Opec's view is that there is still 100 million barrels of oil a day of surplus stock to go down. USA oil production, led by record output in Texas, averaged more than 10 million barrels a day for the first time since 1970 as oil prices rose, drillers became more efficient, and export markets grew. [Full Article...]

Fernando Alonso wary WEC represents 'steep learning curve'

Fernando Alonso wary WEC represents 'steep learning curve' Two-time F1 world champion Alonso joined up with United Autosports for his sports vehicle debut at Daytona International Speedway, and ran at the front of the field early on before reliability woes left the Spaniard and teammates Lando Norris and Phil Hanson 90 laps down in 38th place at the chequered flag. [Full Article...]

Analyst's Ratings : Plains All American Pipeline, LP (NYSE:PAA)

The stock traded with the volume of 3.67 Million shares yesterday. Broderick Brian C sold 1,899 shares as the company's stock rose 7.02% with the market. Whittier Trust Com Of Nevada holds 0% or 900 shares in its portfolio. Plante Moran Advsr Ltd Llc holds 0.07% or 5,320 shares in its portfolio. Trust Asset Mgmt Ltd Llc reported 570,771 shares stake. [Full Article...]

Carry on regardless, Shropshire MPs tell Theresa May

Carry on regardless, Shropshire MPs tell Theresa May Respected backbencher Johnny Mercer refused to comment on the PM's future but told the Mail on Sunday she must face down domestic challenges such as the NHS as well as dealing with Brexit "or we will pay the price" with voters. Instead of providing reassurance, the Tory debate over transitional arrangements has thrown May's plans into disarray. And Ms Soubry - who favors the United Kingdom remai... [Full Article...]

(EA) Stake Decreased by Cullen Frost Bankers Inc

(EA) Stake Decreased by Cullen Frost Bankers Inc Shares of Electronic Arts ( NASDAQ EA ) traded up $1.22 during midday trading on Thursday, hitting $128.18. It has outperformed by 29.75% the S&P500. Electronic Arts Inc . was covered by a number of analysts recently, 12 rated the stock as Buy, 4 rated Hold, 0 rated sell and 0 gave an Underperform. [Full Article...]

QUALCOMM Incorporated (QCOM)- Analysts Crunch in Focus

QUALCOMM Incorporated (NASDAQ: QCOM ) touched its 1-Year High price of $69.28 on 11/24/17 and its 1-Year Low price of $48.92 on 09/08/17. The company's stock had a trading volume of 16,837,370 shares, compared to its average volume of 7,710,000. [Full Article...]


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