Markets


Trump tax plan: Relief for his voters but lots of unknowns
- April 28, 2017

Yet the elimination of most deductions could nudge some wealthier Americans into higher brackets, he says. Filling the void, investors were focused on the White House's release of its tax cut proposals. Our current $500 billion budget deficits with a $20 trillion national debt mean Trump's tax cuts are dead on arrival in Congress. "Regretfully we don't expect to have any Democratic involvement in" a tax overhaul, McConnell said. (more...)
Twitter to begin 24/7 video streaming to help make some money
- April 28, 2017

The strategy aims to make Twitter a "dependable place" for people to access real-time updates from around the world and will slot in nicely to Twitter's "See What's Happening" proposition which has been rolled out over the a year ago to cement the platform's status as the home of breaking news and live events. (more...)
Sirius XM Holdings Inc. (SIRI) Given "Outperform" Rating at Macquarie
- April 28, 2017

Finally, Evercore ISI downgraded shares of Sirius XM Holdings to a buy rating in a research report on Friday, March 3rd. Sure, the percentage is discouraging but better times are ahead as looking out over a next 5-year period, analysts expect the company to see its earnings go up by 5%, annually. (more...)
Inflation surge to keep pressure on European Central Bank to cut stimulus
- April 28, 2017

Europe's main bourses closed lower after falling as much as 0.5 percent as traders pulled back after a six-session winning streak on relief at the outcome of the first round of France's presidential election and encouraging earnings. The March inflation data was undermined by the timing of Easter which fell in March last year and April this year. First-quarter gross domestic product data out of Britain, France and the United States, and euro-zone April inflation figures, are due later in the ... (more...)
Wynn Resorts, Limited (WYNN) Upgraded to Wynn Resorts, Limited (WYNN) Upgraded to "Buy" at Vetr Inc
- April 28, 2017

Looking at this figure it suggests that the shares of Wynn Resorts Ltd. (WYNN) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Wynn Resorts Ltd . If you are reading this piece on another site, it was illegally copied and republished in violation of United States & worldwide trademark and copyright legislation. (more...)
Johnson Controls narrows full-year profit outlook Johnson Controls narrows full-year profit outlook
- April 28, 2017

Stock exchanged hands with the total volume of 4.50 Million shares, as contrast to its average volume of 4.22 Million shares. Oppenheimer Holdings Inc. Becker Capital Management Inc. owned 0.09% of Johnson Controls International plc Ordinary Share worth $32,972,000 as of its most recent SEC filing. (more...)
Chevron Corporation Earnings Watch & Stock Update Chevron Corporation Earnings Watch & Stock Update
- April 28, 2017

In terms of earnings per share, 16 analysts have a 1.03 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 16 analysts have a 1.22 EPS mean target and for the quarter ending Sep-17 there are 25 estimates of 4.39 EPS. (more...)
Sensex Drops 111 Points Ahead Of Long Weekend; Nifty Ends At 9304 Sensex Drops 111 Points Ahead Of Long Weekend; Nifty Ends At 9304
- April 28, 2017

On similar lines, the National Stock Exchange index Nifty continued its bull run by gaining another 36.55 points, or 0.39 per cent, to hit a new high of 9,343.15, breaching its previous (intra-day) high of 9,309.20 touched in yesterday's trade. (more...)
Unusual Volume Spikes For: Akebia Therapeutics, Inc. (AKBA) Unusual Volume Spikes For: Akebia Therapeutics, Inc. (AKBA)
- April 28, 2017

Zacks Investment Research downgraded shares of Akebia Therapeutics from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 3rd. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering. (more...)
US Weighs Military Response To North Korea Threat
- April 28, 2017

Diplomacy still the preferred option but military action also on the table, U.S. lawmakers are told at the White House. Sources say the same briefing team will share their intelligence with members of the House at the U.S. The administration is considering "secondary sanctions" on North Korea meant to cut off supplies of missile and nuclear goods from places such as China and Russian Federation. (more...)
Equiniti Group (LON:EQN) Analyst Target Prices
- April 28, 2017

Since January 1, 0001, it had 0 buys, and 14 sales for $8.67 million activity. Harvest Capital Strategies Llc owns 525,000 shares or 1.47% of their USA portfolio. Its products and solutions include Corporate Performance Management, Customer Relationship Management, Enterprise Resource Planning, Intelligent Capturing System, Core Banking System, Enterprise Insurance System, Loan Management System, Document Management System, Loyalty Management System, Self Service Kiosk System, Aviation ... (more...)
ASEAN: North Korea Must Meet UN Resolutions On Nuclear Programme ASEAN: North Korea Must Meet UN Resolutions On Nuclear Programme
- April 28, 2017

Earlier Thursday, the senior U.S. Navy officer overseeing military operations in the Pacific said the crisis with North Korea is at the worst point he's ever seen, but he declined to compare the situation to the Cuban missile crisis decades ago. (more...)
High-flying stocks catch breath, Sensex, Nifty off record
- April 28, 2017

Japan's Nikkei too was down 0.24 per cent. The Sensex has so far touched a high of 30,067.64 points and a low of 29,848.21 points during the intra-day trade. The S&P BSE Sensex climbed as high as 30167.09 in afternoon trading, breaking through an intraday high that had stood since 2015. Federal Bank share price surged 13.6 percent as its profit jumped 25 times on solid improvement in asset quality and sharp fall in provisions. (more...)
These Chinese Companies Are Helping the Smartphone Market Rebound These Chinese Companies Are Helping the Smartphone Market Rebound
- April 28, 2017

In the corresponding quarter a year ago, Huawei led with Vivo second and Oppo fourth, together accounting for 42% of the market. Samsung, unsurprisingly, does not figure in the top five. "Its strategy to focus on the highly fragmented "unorganized" retail market is paying off", said Mo Jia, Research Analyst. Xiaomi's shipments accounted for 14% of all smartphone sales in the Indian market, up three percentage points from a year earlier. (more...)
Traders Buy High Volume of Put Options on Ford Motor Company (F)
- April 28, 2017

General Motors Company GM measures an EPS growth for 2017 at a rate of 1.65% that consequently shows an EPS growth of 5.60% for the past five years, and an EPS growth of -4.70% for the following five years. Investors of record on Friday, June 9th will be issued a $0.38 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.23%. (more...)
Sanchez Energy Corp (NYSE:SN) Receives Hold Rating From Stifel Nicolaus Analysts Sanchez Energy Corp (NYSE:SN) Receives Hold Rating From Stifel Nicolaus Analysts
- April 28, 2017

Wall Street analysts expect EP Energy Corp (NYSE:EPE) to report earnings per share of ($0.10) for the current quarter, Zacks Investment Research reports. purchased a new stake in shares of EP Energy Corp during the fourth quarter valued at $646,000. The shares were purchased at an average price of $25.69 per share, with a total value of $256,900.00. (more...)
How Trump's tax plan could affect you How Trump's tax plan could affect you
- April 28, 2017

Even if the United States got rid of all of its taxes and moved to a consumption tax (considered the least distortionary of all taxes), GDP would at most grow by 0.5 percentage points per year faster than its current projected rates, far from the 3% target the Trump administration hopes for. (more...)
Oil prices buoyed by U.S. crude stock dip
- April 28, 2017

The EIA (U.S. Energy Information Administration ) reported that USA gasoline inventories rose by 1.5 MMbbls (million barrels) to 237.7 MMbbls on April 7-14, 2017. "Production is up nine straight weeks here to the highest level since August 2015". "That's another bearish sign for oil prices". In parallel, imports declined by 68,000 barrels a day last week to 7.8m barrels, while domestic oil output rose slightly. (more...)
HOOPP executive exits Home Capital board after pension fund provides financial backstop
- April 28, 2017

The Toronto-based lender said it hired RBC Capital Markets and BMO Capital Markets to advise on "strategic options" after it secured the one-year loan, according to the statement. HISA balances have fallen by $591 million in the period from March 28 to April 24. Home Capital's troubles come as housing prices have jumped in Canada. (more...)
Tillerson: China threatened to sanction North Korea over another nuclear test
- April 28, 2017

Earlier on Thursday, the senior US Navy officer overseeing military operations in the Pacific said the crisis with North Korea is at the worst point he has ever seen, but he declined to compare the situation to the Cuban missile crisis decades ago. (more...)