Markets


General Electric Company (GE) Stock Rating Reaffirmed by Deutsche Bank AG
- April 07, 2017

Shares of General Electric Company ( NYSE:GE ) traded down 0.13% during midday trading on Thursday, reaching $29.93. For GE, the company now has $48.13 Billion of cash on the books, which is offset by $30.71 Billion current liabilities. Ancora Advsrs Limited Company has 7,169 shares. State Of Alaska Department Of Revenue reported 4,390 shares stake. Wcm Mgmt Ca holds 14,705 shares or 0.01% of its portfolio. (more...)
Fearless Girl' Statue Will Face off Wall Street Bull for Another Year Fearless Girl' Statue Will Face off Wall Street Bull for Another Year
- April 07, 2017

The " Charging Bull " and " Fearless Girl " statues are sit on Lower Broadway in NY. The statue's popularity led many to call for its permanent placement near the New York Stock Exchange. The 4-foot-tall, 250-pound ponytailed girl in a windblown dress was installed this month to highlight the dearth of women on corporate boards as she stands strong against the 11-foot-tall, 7,100-pound bull. (more...)
An atrocity by Syria's Assad demands action by Trump
- April 07, 2017

However, Trump said that his view on the conflict had been changed - as footage emerged of Syrian children choking to death - by the attack which "cannot be tolerated". "That crosses many, many lines, beyond a red line, many, many lines", he added. However the use of chemical weapons on the people of Syria has changed the view of the Trump administration. (more...)
Co-operative Bank says received several bids in sale process
- April 07, 2017

Last month the BBC reported the BoE had placed Co-op bank under "intensive supervision" as survival options for the ethically-based lender dwindle. It said it had received a "number of non-binding proposals from strategic and financial parties" since it put itself up for sale in February and the bank's board was now to hold further discussions with several of the interested bidders, City AM reports. (more...)
What? The IRS Will Call You Now! What? The IRS Will Call You Now!
- April 07, 2017

Starting this week the IRS will turn delinquent taxpayers over to one of four private debt collection companies which have been pre-selected by the agency. Taxpayers will be informed about electronic payment options on IRS.gov . The IRS will never call you out of the blue or email you with threats. File electronically. (more...)
Paratek Pharmaceuticals Inc (PRTK) Given a $38.00 Price Target at Guggenheim Paratek Pharmaceuticals Inc (PRTK) Given a $38.00 Price Target at Guggenheim
- April 07, 2017

IBD'S TAKE: Paratek stock has an IBD Composite Rating of 78, meaning it outperforms three quarters of all stocks in terms of key growth rates. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of 35.01%. Paratek Pharmaceuticals (NASDAQ:PRTK) last posted its quarterly earnings results on Thursday, March 2nd. After this sale, 95,000 common shares of PRTK are directly owned by the insider, with total stake valued at $1,767,000. (more...)
Ford confirms two new EVs for China
- April 07, 2017

The carmaker also plans to expand its new energy vehicle engineering capabilities at its research facility in Nanjing, Jiangsu province, with a focus on incorporating Chinese customer needs into Ford's next generation electric auto technologies. (more...)
Oil prices improve marginally after recovering from losses over U.S. inventory increase
- April 07, 2017

The meeting comes as doubts arise over Mr. Trump's ability to deliver on his pro-growth promises, such as tax cuts. With the first quarter of 2017 under our belt, the oil markets are ruminating over several shifts in the underlying strata of the industry's modus operandi. (more...)
Uber driver told he will be accused of rape Uber driver told he will be accused of rape
- April 07, 2017

An Uber spokesperson today said the woman has now been banned from using the cab service. Get the f*** out of my country'. A weird video, which was posted to YouTube on Monday, shows the woman unleashing a racial tirade against the driver - because he didn't have a charger for her iPhone. (more...)
Can the president attack another country without Congress?
- April 07, 2017

Trump had previously condemned the attack and the Syrian president Bashar al Assad, and signalled that America may take action. The UK-based Syrian Observatory for Human Rights said at least four Syrian soldiers were killed. Chris Harmer, a defense analyst and former naval officer now with the Institute for the Study of War, said that the USA military can jam some of the Russian radar through the use of the EA-18G Growler jet and other means. (more...)
Trump is on the losing side of history on coal, climate change Trump is on the losing side of history on coal, climate change
- April 07, 2017

Natural gas releases significantly less carbon than coal, but also contains another harmful greenhouse gas - methane. Still, Glatt expects Trump's order will eventually unwind the mandate for rapid change, but said the state is moving in that direction anyway. (more...)
YouTube takes aim at cable with $35-a-month TV bundle
- April 07, 2017

While YouTube TV is now only available in the aforementioned select markets, more markets will be added "soon", according to the YouTube TV website . All in all, Youtube TV now offers 40 channels for $35 a month. With today's announcement , AMC is on Sling TV, PlayStation Vue, and DirecTV Now - but does not yet have a deal with Hulu's planned live streaming service. (more...)
United States airstrikes on Syria followed global condemnation of chemical attack
- April 07, 2017

The secretary says Russian Federation has either been complicit or "simply incompetent" in failing to deliver on its end of the agreement. President Barack Obama's determination to threaten force ignited a frenzied national debate, one that Trump was more than happy to jump into. (more...)
South Korea Test Fires 800 Kilometre-Range Missile
- April 07, 2017

While Trump treated Abe to golf, no such outing is planned for the leader of China. Mr. Trump signaling Wednesday that what to do about Kim Jong-un, will be a crucial topic. "This problem has really become very urgent, and it is, destabilising to the entire region and actually further than the region now, reaches across the globe with the progress that North Korea is making in developing an intercontinental ballistic missile", Thorton said, according to PTI. (more...)
BT Group plc (BT.A) Stock Rating Reaffirmed by Deutsche Bank AG
- April 07, 2017

Exane BNP Paribas Downgrades the stock to Neutral on 9/14/16 with no specific Price Target . This was disclosed to clients in analysts note on Thursday, 30 March. The firm has "Market Perform" rating by Cowen & Co given on Thursday, January 7. Credit Suisse has "Underperform" rating and GBX 135 target. In the duration of 12 months Intertek Group PLC's share price has increased by 26.57% to 3907 from 3086.81. (more...)
The Rape Clause. Yes, it's as bad as it sounds The Rape Clause. Yes, it's as bad as it sounds
- April 07, 2017

The UK government announced plans to limit child tax credits to two children in 2015, including the measure that, if a woman has a third child as a result of rape, they will have to prove it in order to qualify for tax credits. Analysis by Policy in Practice consultancy found that a low-income family in the United Kingdom whose third or additional child is born before midnight Wednesday would qualify for up to 50,000 pounds in tax credit support over 18 years whereas a similar family whose ... (more...)
EPA Denies Petition to Remove Chlorpyrifos from the Market
- April 07, 2017

Other studies showed that some people are much more vulnerable to chlorpyrifos due to their genetic makeup. This may sound like a positive push for transparency-"this legislation ensures that sound science is the basis for EPA decisions and regulatory actions", Representative Lamar Smith (R-Texas), chairman of the House science committee , told his fellow representatives this week (via The Hill ). (more...)
Hudson's Bay Company Names Dr. Wolfgang Link CEO of HBC Europe Hudson's Bay Company Names Dr. Wolfgang Link CEO of HBC Europe
- April 07, 2017

Canadian department store operator Hudson's Bay Co (HBC.TO) said on Wednesday it was looking at a "major reinvention" of its business operations and gave its strongest signal yet of a possible initial public offering of its real estate assets. (more...)
Renewables shatter records as coal production drops to 1978 levels Renewables shatter records as coal production drops to 1978 levels
- April 07, 2017

Renewable energy was equivalent to 55% of all new power added past year, the highest to date, says the report . To expand the adoption of renewable energy throughout the continent, the paper's authors developed a tool to map the best available new sites for solar and wind power in 21 different countries: Angola, Botswana, Burundi, Djibouti, Democratic Republic of Congo, Egypt, Ethiopia, Kenya, Lesotho, Libya, Malawi, Mozambique, Namibia, Rwanda, South Africa, Sudan, Swaziland, ... (more...)
Amtrak: Track in derailment was tabbed as potential problem
- April 07, 2017

An investigation found that track issues were behind two derailments that caused days of delays and cancellations, he said. Christie said NJ Transit would cease the payments until an independent examination of Amtrak's equipment along the corridor has been conducted and shows it is in good condition. (more...)

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