Markets


Icon signs biography of French president-elect Macron
- May 12, 2017

Mr Hamon, who gained popularity in recent years by leading a group of rebel Socialist lawmakers who opposed Mr Valls, was a distant fifth in the first round of the presidential election after garnering just over 6% of the votes, the Socialist Party's worst result since 1969. (more...)
Coach To Buy Kate Spade For $2.4 Billion Coach To Buy Kate Spade For $2.4 Billion
- May 12, 2017

It represents a 27.5% premium over KATE's closing price on December 27, 2016, which was the last day before speculation about the deal began. The deal, which will close in the third quarter of 2017, is expected to deliver $50m in synergies to Coach within three years. (more...)
Symantec Corporation (NASDAQ:SYMC) reported Q4 net loss of $143 million Symantec Corporation (NASDAQ:SYMC) reported Q4 net loss of $143 million
- May 12, 2017

Baird" was first published by Markets Daily and is owned by of Markets Daily. The company presently has a consensus rating of Hold and a consensus price target of $29.38. The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 21st. Investors looking to grow long term wealth should devote at least some of their portfolio to companies that pay dividends. (more...)
Apple, Google, Unilever Urge White House to Make Good on Paris Agreements
- May 12, 2017

As uncertainty mounted over the hard-fought pact's future under US President Donald Trump , China's leader Xi Jinping came to its defence. On Tuesday, former U.S. President Donald Trump is delaying a decision on whether to withdraw from a landmark climate deal until after an global summit later this month. The Paris agreement, as structured, has posed a problem to the White House because it is simultaneously nonbinding - so it does not force the United States to adopt a particular ... (more...)
Watch List: Transocean LTD (NYSE:RIG)
- May 12, 2017

On Wednesday analysts at B. Riley indicated Transocean Ltd's (NYSE: RIG ) shares as "Buy" in a research note issued to investors. Scotiabank reaffirmed a "buy" rating and issued a $21.00 price objective on shares of Transocean LTD in a research report on Wednesday, March 22nd. (more...)
Saudi signals first cut in crude supplies to Asian customer-refinery source
- May 12, 2017

That marked a sharp reversal from the recent trend, which has seen oil prices crash through a number of technical levels to fall as low as $43.76. Oil prices edged up on Tuesday, driven by anticipation that an OPEC-led pledge to cut production would be extended beyond the first half of the year and into 2018, although overall high supply still weighed on markets. (more...)
Angela Merkel to host Emmanuel Macron for talks on Monday: Spokesman
- May 12, 2017

President-elect Emmanuel Macron has thrown his weight behind Paris' bid for the 2024 Olympic Games, in a call with the head of the International Olympic Commitee, Thomas Bach. The Luxembourg-based ESM, operational since October 2012, is a bailout fund for eurozone countries. Macron told Bach that Paris' bid is backed by the French sports world and he bigged up "the expected benefits for all French people", said the statement from his En Marche! campaign team. (more...)
President Trump has beef with 'digital' aircraft catapults President Trump has beef with 'digital' aircraft catapults
- May 12, 2017

Ford and future supercarriers. Traditionally, they've been powered by steam, but newer versions are using electromagnets - something Trump is against. Ford at Newport News Shipbuilding in Newport News, Va. on March 2. "It sounded bad to me", Trump told Time . In a recent interview with Time , Trump complained about how complicated the new system was. (more...)
Climate: China's Xi talks tough as USA hesitation frustrates talks
- May 12, 2017

The May 8-18 Bonn meeting is meant to start drafting a "rulebook" to guide member countries in executing the pact, which seeks to brake global warming by curbing fossil fuel emissions. would face legal repercussions if it reduced or missed the emissions targets under the national climate action plan it submitted under the Paris Agreement . (more...)
AstraZeneca share price jumps after revealing success of lung cancer drug trial AstraZeneca share price jumps after revealing success of lung cancer drug trial
- May 12, 2017

Sean Bohen , chief medical officer at the firm, said: "These are highly encouraging results for patients... for whom surgery is not an option". AZ said the safety profile looks favourable and plans to discuss findings with regulators "as soon as possible". (more...)
JC Penney tanks after a big miss on sales JC Penney tanks after a big miss on sales
- May 12, 2017

Susquehanna Bancshares Inc began coverage on J C Penney Company in a research report on Friday, February 10th. In March, Standard & Poor's Rating Services upgraded the Company's credit rating one notch to B+ and affirmed their positive outlook on the Company. (more...)
NBA Playoffs 2017: Cavaliers vs. Raptors: 3 takeaways from Game 3
- May 12, 2017

James is averaging 36.3 points in this series. Yet it still wasn't enough. THE Cleveland Cavaliers maintained its fine run, defeating the Raptors , 115-94, in Game Three of the Eastern Conference semifinals on Friday in Toronto (Saturday, Manila time). (more...)
Buy or Sell? What Analysts Recommends: PulteGroup, Inc. (PHM), Allergan plc (AGN) Buy or Sell? What Analysts Recommends: PulteGroup, Inc. (PHM), Allergan plc (AGN)
- May 12, 2017

Vitamin Shoppe, Inc. (NYSE:VSI) shares were last seen up 2.36% at $13.00, which is 89.84% higher than the previous trading session. The shares have accelerated in recent weeks, with their price up about 2.83% in the past three months. The stock's Dividend Yield stands at 1.17%. On 11/2/2016 Allergan plc announced a quarterly dividend of $0.70 with an ex dividend date of 2/24/2017 which will be payable on 3/28/2017. (more...)
Trump to delay decision on Paris climate agreement until after summit
- May 12, 2017

The White House has appeared hesitant to address the climate deal, which Trump railed against during the 2016 campaign, but on which his advisers appear to be divided. "The president has been meeting with his team for quite a while on this matter, and he will not be making an announcement regarding that agreement until after he returns from the G-7", he said, referring to the Group of Seven meeting scheduled for May 26-27 in Italy. (more...)
Germany posts 0.6 percent Q1 GDP growth Germany posts 0.6 percent Q1 GDP growth
- May 12, 2017

As per Reuters polls, the GDP growth forecasts for the first 3 months of the year was in line with the consensus forecast. The figures are the latest in a batch of solid data that are likely to help Chancellor Angela Merkel and her center-right CDU/CSU bloc to burnish their economic credentials before a September 24 federal election, when she will seek a fourth term. (more...)
Oil up on falling United States inventories, Saudi cuts to Asia Oil up on falling United States inventories, Saudi cuts to Asia
- May 12, 2017

Energy Information Administration on Tuesday forecast : it raised its 2017 world oil demand growth forecast by 70,000 barrels per day (bpd) to 1.56 million bpd. The Organization of the Petroleum Exporting Countries and other producers including Russian Federation have agreed to cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year to try to reduce a global fuel glut. (more...)
Piedmont Office Realty Trust, Inc. (NYSE:PDM) Valuation According To Analysts Piedmont Office Realty Trust, Inc. (NYSE:PDM) Valuation According To Analysts
- May 12, 2017

Following the completion of the transaction, the senior vice president now owns 4,286 shares in the company, valued at $471,460. Pggm Investments decreased Federal Realty Invt Tr Sh Ben Int New (FRT) stake by 26.36% reported in 2016Q4 SEC filing. (more...)
Somewhat Positive Media Coverage Likely to Impact Crocs (CROX) Stock Price
- May 12, 2017

The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.32 on scale of 1-5. Monness Crespi & Hardt cut Crocs from a "buy" rating to a "neutral" rating in a report on Tuesday, January 31st. (more...)
United States clothing retail sales slip in April United States clothing retail sales slip in April
- May 12, 2017

Purchases at auto dealers and service stations increased 0.7 per cent; industry data showed sales of cars and light trucks rose in April to a 16.8 million pace after March's 16.5 million rate was the slowest in more than two years. In a separate report, the Labor Department said consumer prices increased 2.2 percent in the past year. The sharp slowdown in spending growth came despite very high levels of consumer confidence during the past few months, but there is likely to be an upward ... (more...)
United flight delayed after scorpion reported aboard United flight delayed after scorpion reported aboard
- May 12, 2017

Another passenger reportedly saw the scorpion then crawl under the man's seat. Paramedics said that passenger had not been stung and no scorpion was found, CBS2 reported. United handed out meal vouchers because of the delay. United has been under increased scrutiny after a passenger was physically dragged by aviation police off a United Express flight April 9, leaving him with a concussion and two broken teeth. (more...)

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