Markets


Senate Republicans frustrated with Trump tweets
- May 03, 2017

The White House on Monday praised the deal as a win for the nation's military, health benefits for coal miners and other Trump priorities. Republicans have long vowed to repeal Democratic former President Barack Obama's 2010 healthcare restructuring, arguing that the law, which allowed some 20 million Americans to gain healthcare insurance, was too intrusive and expensive. (more...)
Ogun plans to visit Anthony Joshua in London
- May 03, 2017

I wouldn't have. I would have had him out of there in that 6th round. Reuters/Kai PfaffenbachTyson Fury in action against Wladimir Klitschko during the fight. "There can only ever be one heavyweight, especially in our part of the world, and it's me". The Federal Government is working out plans to invite the newly crowned World Heavyweight Champion, Anthony Joshua to Nigeria. (more...)
United reaches settlement with man dragged off plane
- May 03, 2017

It clearly showed the police pulling him off his seat with great force. Dao suffered a concussion, broken nose and sinus injury, according to his attorney Thomas Demetrio, who had said he considered both the city and Chicago-based United responsible for the incident. (more...)
Cliffs Natural Resources Inc.'s (CLF) Cliffs Natural Resources Inc.'s (CLF)
- May 03, 2017

RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. CLF generated revenue of $421.67 Million in the same quarter, one year ago. (more...)
Small companies reduced hiring in April, adding 61000 jobs Small companies reduced hiring in April, adding 61000 jobs
- May 03, 2017

The private group's data on company hiring adds some colour to Federal Reserve officials' discussions on the labour market on Wednesday as they close out their two-day meeting in Washington . That report will likely show that employers added 185,000 jobs in April, and the unemployment rate rose to 4.6 percent from 4.5 percent, economists predict. (more...)
Infosys to hire 10000 US workers Infosys to hire 10000 US workers
- May 03, 2017

Sikka did not reveal where the other technology centers would be located or provide a timeline of when those jobs would be created. Last month, two industry sources had said Infosys was applying for just under 1,000 H1-B visas this year, down from about 6,500 applications in 2016 and around 9,000 in 2015. (more...)
Puerto Rico hit with lawsuit after litigation freeze expires
- May 03, 2017

It would give Puerto Rico the legal ability to impose drastic discounts on creditor recoveries, but could also spook investors and prolong the island's lack of access to debt markets. But key provisions of Title III have never been interpreted by the courts, and the law includes protections for creditors that chapter 9 doesn't. "It mirrors conventional bankruptcy processes that are ordered and arbitrated through a court system", says Eric LeCompte, the executive director of Jubilee USA ... (more...)
Earnings Analysis Of The Coca-Cola Company (KO) Earnings Analysis Of The Coca-Cola Company (KO)
- May 03, 2017

Out of the N/A covering Street analysts offering stock ratings for Gap Inc ( NYSE :GPS), N/A have shares pegged as a Strong Buy while N/A analysts have the stock rated a Buy. 04/11/2016 - Coca-Cola HBC AG (CDI) had its "Sell" rating reiterated by analysts at UBS. If you are viewing this piece on another publication, it was stolen and reposted in violation of USA and global copyright and trademark laws. (more...)
Host Hotels (HST) Q1 FFO Beats Estimate, Revenues Grow
- May 03, 2017

A frequently used tool among technical stock analysts is the moving average. Eii Capital has invested 1.14% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST). Stockholders of record on Friday, March 31st were paid a $0.43 dividend. HAMILTON JOANNE G . had sold 15,254 shares worth $278,373 on Wednesday, March 15. (more...)
Trump blasts USA infrastructure, pledges to spend a $1T Trump blasts USA infrastructure, pledges to spend a $1T
- May 03, 2017

There would be a shift from a worldwide system of taxation under which a USA taxpayer is generally taxed on its worldwide income regardless of where earned to a territorial system under which income would generally be taxed in the country where it is earned. (more...)
Murray Goulburn closures to cost up to 360 jobs Murray Goulburn closures to cost up to 360 jobs
- May 03, 2017

He pointed out that the firm was still the largest milk processor in Australia although the three plant shutdowns would remove about 400 million litres of capacity from a business which had 3.6 billion litres of processing capacity. In a statement to the Australian Stock Exchange, Murray Goulburn said: "These decisions are a continuation of efforts to address MG's cost base, improve efficiencies and ultimately increase earnings and farmgate milk pricing". (more...)
Is Tesla Inc (NASDAQ:TSLA) a Good Stock to Buy Now?
- May 03, 2017

One or two analysts have also upgraded and downgraded the stock. Deutsche Bank AG reaffirmed a hold rating and issued a $215.00 target price (down previously from $290.00) on shares of Tesla in a research report on Tuesday, December 13th. ( TSLA ) could bring EPS of $-0.43/share. Analyst's mean target price for OCUL is $29.80 while analysts mean recommendation is 1.80. As shown in the tables above, there was negative earnings per share surprise and positive sales surprise. (more...)
Trending Analyst Recommended Stock: Patterson-UTI Energy Inc. (PTEN)
- May 03, 2017

Finally, BMO Capital Markets set a $28.00 target price on Patterson-UTI Energy and gave the stock a "hold" rating in a research report on Saturday, February 11th. The firm's revenue for the quarter was up 13.5% compared to the same quarter previous year. TRAVEL B.V. tumbled -2.08% from its high of $18.88 to a $3.91 billion market value through last close. (more...)
Apple's services business grows 18% as iPhone sales stall Apple's services business grows 18% as iPhone sales stall
- May 03, 2017

Apple said it sold 50.8 million iPhones during the quarter that ended April 1, a 1 percent decline from the 51.2 million sold in the same period a year ago. Meanwhile, services revenue came in at $7.041 million for the quarter, up 18 percent year over year. 380,000 messages sent per second during the Super Bowl from Messages app. (more...)
Yum Brands shares rise after earnings beat Yum Brands shares rise after earnings beat
- May 03, 2017

Yum adopted new accounting standards that lowered taxes during the quarter, when its effective tax rate was 19.4 percent and its effective tax rate excluding special items was 12.5 percent. JP Morgan has "Overweight" rating and $85 target. The correct version of this piece can be viewed at https://transcriptdaily.com/2017/05/03/yum-brands-inc-yum-shares-sold-by-nationwide-fund-advisors.html. (more...)
U.S. regulator vows to roll back 'net neutrality' rules
- May 03, 2017

The net neutrality rules, approved by the FCC in 2015, are meant to keep the Internet open and fair. However, Republican Ajit Pai , who voted against those rules as a commissioner and was named chairman by president Trump three months ago, has openly expressed his desire to replace those regulations. (more...)
Sprint's loss narrows as company adds phone subscribers
- May 03, 2017

In the year-ago quarter, the mobile carrier posted losses of 14 cents per share on $8.07 billion in revenue . "Sprint took a big step forward in the second year of our turnaround plan", said Sprint CEO Marcelo Claure. Sprint has added more postpaid phone customers than Verizon for five consecutive quarters and more than AT&T for 10 consecutive quarters. Sprint's per-share loss was wider than expected, however. (more...)
Hawthorne-Based SpaceX Successfully Launches Spy Satellite
- May 03, 2017

SpaceX will attempt to land the rocket's first stage on a landing pad back at Cape Canaveral. WATCH: SpaceX's webcast of the launch and return of first-stage rocket. Monday's launch was the 34th mission for SpaceX and the fifth of more than 20 flights planned for this year. A launch attempt Sunday was foiled at the last minute by a bad sensor. (more...)
Senate confirms Wall St attorney Jay Clayton to head SEC Senate confirms Wall St attorney Jay Clayton to head SEC
- May 03, 2017

The Senate took a procedural vote on Monday in favor of confirming Clayton, coming down 60-36 in favor of ending the debate over his appointment. Some business groups hailed Clayton's confirmation, signaling their hope that he will revive efforts to harmonize regulations governing the investment sector. (more...)
Report finds drinking water violations common among water systems in NJ, nationally Report finds drinking water violations common among water systems in NJ, nationally
- May 03, 2017

According to EPA data, the NRDC report says, the agency and states took formal enforcement action against just 13.1 percent of safe drinking water violations in 2015. But the department argues with the report's methodology of determining how many residents are affected by water system issues. According to the analysis, the nation's smallest water utilities, serving fewer than 500 customers, accounted for half of the health-based violations reported in 2015, and nearly 70 percent of ... (more...)