Markets
JPMorgan, BofA warn trading this quarter is looking weak
- June 01, 2017
JPMorgan Chase & Co. had a net margin of 23.45% and a return on equity of 10.91%. Bank of America shares were down 2.3 percent at $22.31 after earlier hitting a low of $22.09, also in heavy trading. Since January 13, 2017, it had 0 buys, and 10 sales for $21.13 million activity. Donnelly John L also sold $542,314 worth of JPMorgan Chase & Co. (more...)
- June 01, 2017
JPMorgan Chase & Co. had a net margin of 23.45% and a return on equity of 10.91%. Bank of America shares were down 2.3 percent at $22.31 after earlier hitting a low of $22.09, also in heavy trading. Since January 13, 2017, it had 0 buys, and 10 sales for $21.13 million activity. Donnelly John L also sold $542,314 worth of JPMorgan Chase & Co. (more...)
Italy Jobless Rate Falls Unexpectedly In April
- June 01, 2017
Some economists refer to jobless numbers below 4 percent as "full employment". The Wilmington area's unemployment rate dropped in April, according to state figures released Wednesday. Nationally, the lowest jobless rates for the month were turned in by Ames, Iowa, and Boulder, Colo., at 1.7 percent and 1.8 percent, respectively. Buncombe reported a rate of 3.2 percent, the lowest rate of the counties surrounding McDowell and the lowest for the entire state. (more...)
- June 01, 2017
Some economists refer to jobless numbers below 4 percent as "full employment". The Wilmington area's unemployment rate dropped in April, according to state figures released Wednesday. Nationally, the lowest jobless rates for the month were turned in by Ames, Iowa, and Boulder, Colo., at 1.7 percent and 1.8 percent, respectively. Buncombe reported a rate of 3.2 percent, the lowest rate of the counties surrounding McDowell and the lowest for the entire state. (more...)
Bill to raise minimum wage to $15 passes Illinois House
- June 01, 2017
Additionally, although millions of low-income people will earn more money, it's at the expense of the rest of us who will not only have to pay higher prices for everything, which will erode our savings. It will establish fairer rules for scheduling so employers will be required to pay three hours' wages if they cancel a shift with less than 48 hours' notice . (more...)
- June 01, 2017
Additionally, although millions of low-income people will earn more money, it's at the expense of the rest of us who will not only have to pay higher prices for everything, which will erode our savings. It will establish fairer rules for scheduling so employers will be required to pay three hours' wages if they cancel a shift with less than 48 hours' notice . (more...)
Trump's attacks on Germany show he misunderstands a basic fact about Europe
- June 01, 2017
Many were shocked when Trump declared in Riyadh that "we are not here to lecture " the mostly unelected assembled leaders - and then criticized European allies in Brussels for not spending enough on defense. Merkel also emphasized the continued need for friendly relations with the US and others. "But we must know, we have to fight for our own future", she said. (more...)
- June 01, 2017
Many were shocked when Trump declared in Riyadh that "we are not here to lecture " the mostly unelected assembled leaders - and then criticized European allies in Brussels for not spending enough on defense. Merkel also emphasized the continued need for friendly relations with the US and others. "But we must know, we have to fight for our own future", she said. (more...)
Oil prices fall amid further oil cuts
- June 01, 2017
Analysts said that the OPEC-led production cuts would support a further rise in USA output. Regarding OPEC's decision to extend production cuts by nine months, the analysts believe that this should provide some support for oil prices around the average year-to-date levels and help digest a significant part of excessive inventories during the rest of the year. (more...)
- June 01, 2017
Analysts said that the OPEC-led production cuts would support a further rise in USA output. Regarding OPEC's decision to extend production cuts by nine months, the analysts believe that this should provide some support for oil prices around the average year-to-date levels and help digest a significant part of excessive inventories during the rest of the year. (more...)
The winners and losers of Trump's $4.1 trillion budget proposal
- June 01, 2017
Cole predicted that numerous deep spending cuts, such as those to Meals on Wheels and the National Institutes of Health, would anger Republicans and Democrats alike. That should be a no-brainer, but with Democrats and their media allies ready to pounce, don't expect the GOP to put up much of a fight. "It's a big impact", said Riley. (more...)
- June 01, 2017
Cole predicted that numerous deep spending cuts, such as those to Meals on Wheels and the National Institutes of Health, would anger Republicans and Democrats alike. That should be a no-brainer, but with Democrats and their media allies ready to pounce, don't expect the GOP to put up much of a fight. "It's a big impact", said Riley. (more...)
Melbourne Airport LOCKDOWN: Passenger tries to enter cockpit of Malaysia Airlines MH128
- June 01, 2017
Fairfax reported that in air traffic control audio posted online, a male voice can be heard saying: "We have a passenger trying to enter the cockpit". The passenger was overpowered by passengers and the plane's crew and later arrested by heavily armed security officers. Local media reports suggest he claimed to have explosives. (more...)
- June 01, 2017
Fairfax reported that in air traffic control audio posted online, a male voice can be heard saying: "We have a passenger trying to enter the cockpit". The passenger was overpowered by passengers and the plane's crew and later arrested by heavily armed security officers. Local media reports suggest he claimed to have explosives. (more...)
Michael Kors to close 100-125 stores
- June 01, 2017
It is important to consider the moving averages of a downtrending security. Analysts had expected the firm to predict revenues of $950 million and diluted EPS of 75 cents. Shares for $589,386 were sold by WEINBERG DAVID on Tuesday, May 2. 750 shares were sold by Walsh Thomas, worth $22,421 on Tuesday, March 28. TOOMEY THOMAS W had sold 25,000 shares worth $961,250. (more...)
- June 01, 2017
It is important to consider the moving averages of a downtrending security. Analysts had expected the firm to predict revenues of $950 million and diluted EPS of 75 cents. Shares for $589,386 were sold by WEINBERG DAVID on Tuesday, May 2. 750 shares were sold by Walsh Thomas, worth $22,421 on Tuesday, March 28. TOOMEY THOMAS W had sold 25,000 shares worth $961,250. (more...)
Kellogg shuts distribution centres, lays off 1000 workers
- June 01, 2017
Cereal and snack food giant Kellogg Co. said Tuesday it is shuttering a snacks distribution center in far east Fort Worth and will lay off 201 employees by mid-August. The Michigan-based company has said it would close 39 distribution facilities across the country, affecting more than 1,000 workers. Kellogg's is laying off 248 Greater Cincinnati employees this summer as it closes a suburban distribution center. (more...)
- June 01, 2017
Cereal and snack food giant Kellogg Co. said Tuesday it is shuttering a snacks distribution center in far east Fort Worth and will lay off 201 employees by mid-August. The Michigan-based company has said it would close 39 distribution facilities across the country, affecting more than 1,000 workers. Kellogg's is laying off 248 Greater Cincinnati employees this summer as it closes a suburban distribution center. (more...)
Canada's economy grows 3.7% on annualized basis
- June 01, 2017
In a note to investors, he said, "We expect the bank to maintain a very cautious tone in the near term, reflecting uncertainties about the USA and the lack of evidence that consumer price inflation is strengthening, but assume that further economic growth will eventually prompt the central bank to begin hiking rates at a gradual pace by mid-2018". (more...)
- June 01, 2017
In a note to investors, he said, "We expect the bank to maintain a very cautious tone in the near term, reflecting uncertainties about the USA and the lack of evidence that consumer price inflation is strengthening, but assume that further economic growth will eventually prompt the central bank to begin hiking rates at a gradual pace by mid-2018". (more...)
White House Won't Confirm Kushner-Russia Reports
- May 31, 2017
NPR has not independently confirmed the claims made in The Post's story, which cites "U.S. officials briefed on intelligence reports". To date, neither Kushner nor the family real estate firm has explained the nature of the meeting with VEB. (more...)
- May 31, 2017
NPR has not independently confirmed the claims made in The Post's story, which cites "U.S. officials briefed on intelligence reports". To date, neither Kushner nor the family real estate firm has explained the nature of the meeting with VEB. (more...)
Next Weeks Broker Price Targets For Crown Castle International Corporation (NYSE:CCI)
- May 31, 2017
The stock, after opening at $102.87, hit $102.81 through the close by scoring 0.03%. About 89,110 shares traded. Since December 1, 2016, it had 0 insider buys, and 4 insider sales for $2.92 million activity. (REIT) (NYSE:CCI) shares. Fisher Rob A sold 1,843 shares worth $157,220. Several other hedge funds have also recently added to or reduced their stakes in the stock. (more...)
- May 31, 2017
The stock, after opening at $102.87, hit $102.81 through the close by scoring 0.03%. About 89,110 shares traded. Since December 1, 2016, it had 0 insider buys, and 4 insider sales for $2.92 million activity. (REIT) (NYSE:CCI) shares. Fisher Rob A sold 1,843 shares worth $157,220. Several other hedge funds have also recently added to or reduced their stakes in the stock. (more...)
Strong, swift United Nations reaction to Trump on climate
- May 31, 2017
The official insisted on anonymity in order to discuss the decision before the official announcement. Group of 7 leaders will remain deadlocked after Trump tweeted, "I will make my final decision on the Paris Accord next week!" "Only Syria and Nicaragua are not part of the 197-country agreement, which lays out voluntary goals for reducing harmful greenhouse gas emissions". (more...)
- May 31, 2017
The official insisted on anonymity in order to discuss the decision before the official announcement. Group of 7 leaders will remain deadlocked after Trump tweeted, "I will make my final decision on the Paris Accord next week!" "Only Syria and Nicaragua are not part of the 197-country agreement, which lays out voluntary goals for reducing harmful greenhouse gas emissions". (more...)
Cannes Film Festival: Sofia Coppola becomes second woman to win best director
- May 31, 2017
The actress and Cannes jury member said in a post-ceremony press conference on Sunday that, after watching 20 films in 10 days, her big takeaway was that, with few exceptions, she found the "representation of female characters on film" to be "disturbing". (more...)
- May 31, 2017
The actress and Cannes jury member said in a post-ceremony press conference on Sunday that, after watching 20 films in 10 days, her big takeaway was that, with few exceptions, she found the "representation of female characters on film" to be "disturbing". (more...)
Eskom must remove Molefe as CEO
- May 31, 2017
The opposition parties had also laid charges against Eskom and Molefe and while Molefe will effectively no longer be CEO, the matters will still be heard in court next month. "This is consistent with my support for Mr Molefe's return to Eskom on the proviso that his return is legal". The Special Investigative Unit (SIU), which Minister Brown wants to investigate only certain procurement issues at Eskom, reports to President Zuma and will be empowered by a Presidential proclamation - this ... (more...)
- May 31, 2017
The opposition parties had also laid charges against Eskom and Molefe and while Molefe will effectively no longer be CEO, the matters will still be heard in court next month. "This is consistent with my support for Mr Molefe's return to Eskom on the proviso that his return is legal". The Special Investigative Unit (SIU), which Minister Brown wants to investigate only certain procurement issues at Eskom, reports to President Zuma and will be empowered by a Presidential proclamation - this ... (more...)
Merkel stresses US ties after Trump tweet
- May 31, 2017
The White House Press Secretary Sean Spicer , while addressing the reporters, said that Trump and Merkel get along "very well" and that their "bond" is growing which they had established during their talks at G7 Summit. So, yes, this has to be put into a German political context. Spicer gamely tried to deny the report, insisting that European Commission chairman Jean-Claude Juncker had confirmed that " Trump was not aggressive on German trade surplus ". (more...)
- May 31, 2017
The White House Press Secretary Sean Spicer , while addressing the reporters, said that Trump and Merkel get along "very well" and that their "bond" is growing which they had established during their talks at G7 Summit. So, yes, this has to be put into a German political context. Spicer gamely tried to deny the report, insisting that European Commission chairman Jean-Claude Juncker had confirmed that " Trump was not aggressive on German trade surplus ". (more...)
Factors to Note Before Buying Rite Aid Corporation (RAD)
- May 31, 2017
Similarly, the company's last 5 years high P/E ratio is 1426.7 and low P/E is 3.84, whereas, the industry's and sector's high P/E for the past year is 23.12 and 42.32 respectively and low P/E ratio for the last 5 years is 13 for the industry and 26.53 for the Sector. (more...)
- May 31, 2017
Similarly, the company's last 5 years high P/E ratio is 1426.7 and low P/E is 3.84, whereas, the industry's and sector's high P/E for the past year is 23.12 and 42.32 respectively and low P/E ratio for the last 5 years is 13 for the industry and 26.53 for the Sector. (more...)
U.K. Mortgage Approvals Fall to 7-Month Low as Market Slows
- May 31, 2017
Meanwhile, the rate of growth of consumer credit - such as credit card borrowing, loans and overdrafts - remained at more than 10% a year in April. With Britons just over a week away from voting in a national election, the BoE figures added to signs that they are reining in spending the face of higher inflation since last year's Brexit vote. (more...)
- May 31, 2017
Meanwhile, the rate of growth of consumer credit - such as credit card borrowing, loans and overdrafts - remained at more than 10% a year in April. With Britons just over a week away from voting in a national election, the BoE figures added to signs that they are reining in spending the face of higher inflation since last year's Brexit vote. (more...)
TLA Worldwide Plc (TLA) Stock Rating Reaffirmed by Numis Securities Ltd
- May 31, 2017
Other analysts have also recently issued reports about the company. Lloyds Banking Group PLC ( NYSE:LYG ) traded down 2.59% on Monday, reaching $3.76. Canaccord Genuity lifted their price target on shares of RSA Insurance Group plc from GBX 600 ($7.81) to GBX 640 ($8.33) and gave the company a hold rating in a research report on Thursday, February 9th. (more...)
- May 31, 2017
Other analysts have also recently issued reports about the company. Lloyds Banking Group PLC ( NYSE:LYG ) traded down 2.59% on Monday, reaching $3.76. Canaccord Genuity lifted their price target on shares of RSA Insurance Group plc from GBX 600 ($7.81) to GBX 640 ($8.33) and gave the company a hold rating in a research report on Thursday, February 9th. (more...)
Donald Trump 'to pull United States out of Paris climate change agreement'
- May 31, 2017
But in Taormina, for the final throes of the G7, Mr Trump isolated himself, and the United States, from the world's other wealthiest countries, refusing continued commitment to the Paris climate change deal. and Saudi officials signed a new economic-investment and arms agreement. Although he promised to make a decision next week, his apparent reluctance to embrace the first legally binding global climate deal clearly annoyed German Chancellor Angela Merkel . (more...)
- May 31, 2017
But in Taormina, for the final throes of the G7, Mr Trump isolated himself, and the United States, from the world's other wealthiest countries, refusing continued commitment to the Paris climate change deal. and Saudi officials signed a new economic-investment and arms agreement. Although he promised to make a decision next week, his apparent reluctance to embrace the first legally binding global climate deal clearly annoyed German Chancellor Angela Merkel . (more...)
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