Markets


General Motors Company (GM) Position Increased by Zurcher Kantonalbank Zurich Cantonalbank General Motors Company (GM) Position Increased by Zurcher Kantonalbank Zurich Cantonalbank
- May 25, 2017

Tracking most recent quarter period, Price to book (P/B) ration is at 1.09 and Price to cash per share ration is at 2.15. Moon Capital Management Lp sold 599,364 shares as Ford Mtr Co Del (F)'s stock declined 13.59%. Investors of record on Thursday, April 20th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, June 7th. Ford Motor Co. P/E (price to earnings) ratio is 11.86 and Forward P/E ratio of 6.66. (more...)
Memorial Day Ceremony May 29
- May 25, 2017

Sgt. Maj. Meb West (retired) of Denver is a highly decorated Army war hero who will be speaking at the memorial. In Cayucos, a ceremony at the pier will pay tribute to veterans and those lost at sea. The Gettsyburg Address and "In Flanders Fields" will be read, and Nellie Winters will sing. It can not be seen from the entry gates, so organizers hope that people will drive up to see it. (more...)
4-tier GST slabs for services 4-tier GST slabs for services
- May 25, 2017

Tax rate for AC restaurants and those with liquor licence will be 18 per cent, while 5-star hotels will charge 28 per cent GST. Telecoms and financial services will be taxed at a standard rate of 18% while transport services will be taxed at 5%, Jaitley told reporters after a meeting of the GST Council in Srinagar . (more...)
Ford to cut North America, Asia salaried workers by 10%
- May 25, 2017

Michigan-based automobile giant Ford Motor Company (NYSE:F) may announce a substantial reduction, to the tune of 10%, in its workforce this week, reported the WSJ. Barclay's analyst Brian Johnson, who has a $15 target on the shares, said Ford's stock has suffered because the company isn't making splashy moves, like GM's investment in Lyft or Fiat Chrysler's tie-up with Waymo, Google's self-driving auto unit. (more...)
Spirit Realty Capital, Inc (SRC) Stock Rating Lowered by Morgan Stanley
- May 25, 2017

On the other hand Spirit Realty Capital, Inc (New) (NYSE:SRC) has Relative Strength Index (RSI 14) of 29.05 along with Average True Range (ATR 14) of 0.30, where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. (more...)
Military presence stepped up as Britain faces raised threat
- May 25, 2017

All tours and events at Parliament were immediately cancelled until further notice. MI5 agents and anti-terror police are now racing against the clock to uncover Abedi's links to any possible terror cell after the blast killed 22 people, many children, and wounded 59 others after the Ariana Grande concert on Monday night United Kingdom time. (more...)
Vigil Honors Manchester Victims, Across The Globe People Are Mournful Vigil Honors Manchester Victims, Across The Globe People Are Mournful
- May 25, 2017

The 23-year-old pop singer, who said she was left emotionally "broken" by the explosion that killed 22 people at her Manchester Arena show, is reported to have flown home to Florida. ISIS routinely claims attacks it has no proven connection to. "It is a possibility that we can not ignore that there is a wider group of individuals linked to this attack". (more...)
Tanzania: Magufuli Sacks Energy Minister Prof Muhongo Tanzania: Magufuli Sacks Energy Minister Prof Muhongo
- May 25, 2017

The firm said in a stock market statement that it had not seen the full report "which states that the value of minerals within the concentrates in the containers now at the Dar es Salaam port is more than 10 times the declared amount". The country is Africa's third-biggest gold producer with companies including AngloGold Ashanti and Acacia Mining extracting the metal, and also produces copper, iron, zinc and diamonds. (more...)
At UN, US warns Venezuela could turn into another Syria At UN, US warns Venezuela could turn into another Syria
- May 25, 2017

Word of the new sanctions came as President Donald Trump expressed dismay at how once-prospero us Venezuela was now mired in poverty, saying "it's been unbelievably poorly run". "Venezuela is a mess", Trump said. Another was a ruling a year ago declaring null all acts of the National Assembly issued while it remains in contempt of an earlier ruling requiring the congress to unseat three elected lawmakers over still-unproven allegations of voting fraud. (more...)
Chelsea, with EPL title assured, beat Watford
- May 25, 2017

Cesc Fabregas , who came on as a substitute, scored in the 88th minute to seal the win at Stamford Bridge . Conte said his "door is open" for Holland to stay, but the former Italy boss understands the lure of the national team. He is an important prospect for me, and we have to take the best decision for him for next season. Chelsea wrapped up their sixth English title with a win at West Brom on Friday, and the home fans were in a celebratory mood as they welcomed the champions back ... (more...)
Ex-US Congressman Weiner pleads guilty in teen 'sexting' case Ex-US Congressman Weiner pleads guilty in teen 'sexting' case
- May 25, 2017

The investigation led FBI agents to seize his laptop computer, which led to the discovery of a new cache of emails that Democratic presidential candidate Hillary Clinton had sent to Huma Abedin , Weiner's wife who is of Indian-Pakistani descent. (more...)
Why the market may have it wrong on Canadian interest rates Why the market may have it wrong on Canadian interest rates
- May 25, 2017

Generally speaking, the bank hikes its rate when the economy is heating up too much, and slashes the rate when it wants to stimulate the economy. Most economists forecast that the bank will once again hold rates at 0.50%. "This is no longer a decidedly neutral stance from the Bank of Canada", said Jimmy Jean, economist at Desjardins Capital Markets in Montreal. Consumer spending and the housing sector remain robust on the back of an improving labour market. (more...)
Banco Santander Brasil SA (BSBR) Upgraded at HSBC Holdings plc
- May 25, 2017

P/E (price to earnings) ratio is 13.24 and Forward P/E ratio of 13.77. Banco Santander Brasil SA (BSBR) reported earning per shares for the quarter ending May 17 at 0.16, whereas, 2 number of analysts estimated the mean EPS at 0.16. (NYSE:SAN) in a research report report published on Thursday, April 20th. COPYRIGHT VIOLATION NOTICE: " Zacks: Banco Santander-Chile (BSAC) Receives Average Recommendation of "Hold" from Analysts" was published by Chaffey Breeze and is owned by of Chaffey ... (more...)
To Buy Or Sell Sse Plc (SSEZY) On Latest Analyst Consensus
- May 25, 2017

Canaccord Genuity has "Speculative Buy" rating and GBX 180 target. 11/03/2015 - British Land Company PLC had its "buy" rating reiterated by analysts at Goldman Sachs. Cerus Corporation is a biomedical products company. The company has market cap of $23.09 million. The Firm is engaged in developing and commercializing the INTERCEPT Blood System for blood safety. (more...)
Moody's cuts China rating citing rising debt, slowing growth
- May 25, 2017

Meanwhile, China's Ministry of Finance responded to the downgrade, stating Moody's underestimated the capability of the government to deepen reform and boost demand. Moody's said the new rating outlook is stable, however, and said the country remains resilient to negative shocks and that growth is likely to remain comparably strong in the near-term. (more...)
OPEC likely to extend output cuts, but price relief elusive OPEC likely to extend output cuts, but price relief elusive
- May 25, 2017

With the markets wanting more, a six-month extension would, at this point, be seen as a disappointment and would likely push oil prices down. The news on Tuesday was supportive, but now that it looks like an extension of the OPEC-led plan to curb production, trim supply and boost prices is a done deal, crude oil investors are going to be asking for more from OPEC and the other large non-OPEC producers. (more...)
Nokia Oyj (ADR) (NYSE:NOK) & Sprint Corp (NYSE:S) News Recap
- May 25, 2017

HighTower Advisors LLC now owns 163,012 shares of the technology company's stock valued at $883,000 after buying an additional 7,765 shares during the last quarter. Investors sentiment decreased to 0.77 in Q4 2016. Its up 0.12, from 0.67 in 2016Q3. Ameritas stated it has 7,062 shares. Dekabank Deutsche Girozentrale stated it has 0.17% in HCA Healthcare Inc (NYSE:HCA). (more...)
Is Salesforce.com, inc. (NYSE:CRM) a Long Term Growth Play? Is Salesforce.com, inc. (NYSE:CRM) a Long Term Growth Play?
- May 25, 2017

The cloud market is highly competitive, but if you are looking for a pure play on cloud with terrific prospects, take a look at salesforce.com, inc. The stock rose 0.75% or $0.66 reaching $89.15 per share. CRM has been the topic of a number of research reports. Other equities analysts have also recently issued research reports about the company. Deutsche Bank maintained the shares of CRM in report on Monday, August 17 with "Buy" rating. (more...)
UN Security Council strongly condemns N Korea missile test UN Security Council strongly condemns N Korea missile test
- May 25, 2017

We are exploring a new range of security and diplomatic measures. A new liberal government in Seoul had said it wanted improved relations with their reclusive neighbour, but those hopes now look forlorn. "China knows well, that these tough expressions are being used to target them", the source said. "The whole world looks handsome and feels happy when I see the Earth filmed by a rocket launched by us", Kim is reported to have said. (more...)
Getty Realty Corp. (GTY) Cut to "Hold" at Zacks Investment Research
- May 25, 2017

Stifel Nicolaus cut their price target on shares of Duke Realty Corp from $30.00 to $28.00 and set a "buy" rating on the stock in a report on Friday, January 27th. The Michigan-based Asset Management has invested 0.04% in SL Green Realty Corp ( NYSE : SLG ). 1,855 were reported by Twin Tree Management Lp. 275,000 were reported by Pacific Heights Asset Mgmt Ltd Llc. (more...)

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