Markets
FY2017 Earnings Estimate for BT Group plc Issued By Jefferies Group
- June 15, 2017
The stock of Berendsen PLC (LON:BRSN) earned "Sector Perform" rating by RBC Capital Markets on Thursday, October 13. The firm earned "Equal Weight" rating on Friday, October 28 by Barclays Capital. Barclays Capital has "Overweight" rating and GBX 1440 target. BNP Paribas maintained the shares of PNN in report on Thursday, September 17 with "Neutral" rating. (more...)
- June 15, 2017
The stock of Berendsen PLC (LON:BRSN) earned "Sector Perform" rating by RBC Capital Markets on Thursday, October 13. The firm earned "Equal Weight" rating on Friday, October 28 by Barclays Capital. Barclays Capital has "Overweight" rating and GBX 1440 target. BNP Paribas maintained the shares of PNN in report on Thursday, September 17 with "Neutral" rating. (more...)
British inflation rate rises to 4-year high as Brexit bites
- June 15, 2017
That is the highest level since June 2013 when CPI also reached 2.9%, and was last surpassed in April 2012 when the index rose to 3%. The national Consumer Price Index increased 0.1 percent from April to May. The BCC's demand that the MPC provides monetary stability and keep interest rates on hold during the political instability by continuing to "look through" the expected increases in inflation, indicates one of the key factors that lies behind the central bank's decision making, as well ... (more...)
- June 15, 2017
That is the highest level since June 2013 when CPI also reached 2.9%, and was last surpassed in April 2012 when the index rose to 3%. The national Consumer Price Index increased 0.1 percent from April to May. The BCC's demand that the MPC provides monetary stability and keep interest rates on hold during the political instability by continuing to "look through" the expected increases in inflation, indicates one of the key factors that lies behind the central bank's decision making, as well ... (more...)
Stocks slip as investors seek safety after weak sales data
- June 15, 2017
USA stocks are mostly lower Wednesday as energy companies tumble along with oil prices and investors look for safety following a drop in retail sales last month. Video game seller GameStop gave up 35 cents, or 1.6%, to 21.55 dollars and department store chain Kohl's dropped 38 cents, or 1%, to 37.66 dollars. About half of the stocks on the New York Stock Exchange rose and half fell. (more...)
- June 15, 2017
USA stocks are mostly lower Wednesday as energy companies tumble along with oil prices and investors look for safety following a drop in retail sales last month. Video game seller GameStop gave up 35 cents, or 1.6%, to 21.55 dollars and department store chain Kohl's dropped 38 cents, or 1%, to 37.66 dollars. About half of the stocks on the New York Stock Exchange rose and half fell. (more...)
Clippers Reportedly to Announce New Arena in Inglewood
- June 15, 2017
The Los Angeles Clippers will reportedly announce they are close to finalizing plans for a new stadium in Inglewood, California, on Thursday, according to the Los Angeles Times' Brad Turner and Los Angeles Daily News' Vincent Bonsignore . (more...)
- June 15, 2017
The Los Angeles Clippers will reportedly announce they are close to finalizing plans for a new stadium in Inglewood, California, on Thursday, according to the Los Angeles Times' Brad Turner and Los Angeles Daily News' Vincent Bonsignore . (more...)
Summit Midstream Partners, LP (SMLP) Receives Average Recommendation of "Hold" from Brokerages
- June 15, 2017
Therefore 53% are positive. AT&T Inc. had 43 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Goldman Sachs on Thursday, May 12. MMP's profit will be $209.07 million for 19.23 P/E if the $0.92 EPS becomes a reality. 10,000 shares were sold by Korner Lisa J , worth $786,700. Shares for $400,000 were sold by Selvidge Jeff R. (more...)
- June 15, 2017
Therefore 53% are positive. AT&T Inc. had 43 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Goldman Sachs on Thursday, May 12. MMP's profit will be $209.07 million for 19.23 P/E if the $0.92 EPS becomes a reality. 10,000 shares were sold by Korner Lisa J , worth $786,700. Shares for $400,000 were sold by Selvidge Jeff R. (more...)
Were Analysts Bullish Arrow Global Group PLC (LON:ARW) This Week?
- June 15, 2017
Aviva Plc invested 0.03% of its portfolio in Arrow Global Group PLC (LON:ARW). 500 were accumulated by Whitnell And. Mufg Americas Holdg, New York-based fund reported 598 shares. The stock has "Overweight" rating by JP Morgan on Tuesday, January 17. The original version of this story can be accessed at https://www.themarketsdaily.com/2017/06/14/valirx-plc-val-stock-rating-reaffirmed-by-beaufort-securities-updated-updated.html. (more...)
- June 15, 2017
Aviva Plc invested 0.03% of its portfolio in Arrow Global Group PLC (LON:ARW). 500 were accumulated by Whitnell And. Mufg Americas Holdg, New York-based fund reported 598 shares. The stock has "Overweight" rating by JP Morgan on Tuesday, January 17. The original version of this story can be accessed at https://www.themarketsdaily.com/2017/06/14/valirx-plc-val-stock-rating-reaffirmed-by-beaufort-securities-updated-updated.html. (more...)
Twenty-First Century Fox, Inc. (FOXA) Shares Sold by Twin Tree Management LP
- June 15, 2017
Gvo Asset Management Ltd sold 1.77 million shares as Twenty First Centy Fox Inc (FOX)'s stock declined 9.69%. Insider Trades for Twenty-First Century Fox, Inc . For the past quarter, shares have been -10.18%, and performance for the past month comes in at -0.43%. CP's profit will be $289.58M for 19.92 P/E if the $1.95 EPS becomes a reality. (more...)
- June 15, 2017
Gvo Asset Management Ltd sold 1.77 million shares as Twenty First Centy Fox Inc (FOX)'s stock declined 9.69%. Insider Trades for Twenty-First Century Fox, Inc . For the past quarter, shares have been -10.18%, and performance for the past month comes in at -0.43%. CP's profit will be $289.58M for 19.92 P/E if the $1.95 EPS becomes a reality. (more...)
President Trump pleased with Sessions testimony
- June 15, 2017
Later during his testimony , Sessions said the committee should be focused on Russian cyber attacks and election interference, but claimed he had never been briefed on Russia's election hacking and had never sought out a briefing. Wyden asked Sessions what problematic issues exist. And he did stand by his department's memo to Trump advising Comey be dumped and a new Federal Bureau of Investigation director hired, insisting that change had been discussed for months. (more...)
- June 15, 2017
Later during his testimony , Sessions said the committee should be focused on Russian cyber attacks and election interference, but claimed he had never been briefed on Russia's election hacking and had never sought out a briefing. Wyden asked Sessions what problematic issues exist. And he did stand by his department's memo to Trump advising Comey be dumped and a new Federal Bureau of Investigation director hired, insisting that change had been discussed for months. (more...)
NZ dollar gains as Fed sticks to script with rate hike
- June 15, 2017
The statement said: "The committee now expects to begin implementing a balance sheet normalisation programme this year, provided that the economy evolves broadly as anticipated". The Fed Chair continued to expect a further gradual increase in interest rates, although only a limited further increase would take the rate hikes to a neutral level. (more...)
- June 15, 2017
The statement said: "The committee now expects to begin implementing a balance sheet normalisation programme this year, provided that the economy evolves broadly as anticipated". The Fed Chair continued to expect a further gradual increase in interest rates, although only a limited further increase would take the rate hikes to a neutral level. (more...)
Fed's Yellen: Inflation Decline Driven By One-Off Factors
- June 15, 2017
In explaining this second rate hike of 2017 and plans for more increases in the coming months, Federal Reserve Chair Janet Yellen said the move reflected the progress in the world's largest economy, which continues to add jobs at a solid pace. (more...)
- June 15, 2017
In explaining this second rate hike of 2017 and plans for more increases in the coming months, Federal Reserve Chair Janet Yellen said the move reflected the progress in the world's largest economy, which continues to add jobs at a solid pace. (more...)
Gunman who shot congressman had history of anti-GOP activity
- June 15, 2017
In a White House statement , President Trump confirmed Hodgkinson had died from injuries sustained in the shootout. Let me be as clear as I can be. The Belleville News-Democrat, a local newspaper, posted a photograph of Hodgkinson protesting outside a post office there in 2012, wearing sunglasses and a goatee and holding a homemade placard that read "TAX the Rich". (more...)
- June 15, 2017
In a White House statement , President Trump confirmed Hodgkinson had died from injuries sustained in the shootout. Let me be as clear as I can be. The Belleville News-Democrat, a local newspaper, posted a photograph of Hodgkinson protesting outside a post office there in 2012, wearing sunglasses and a goatee and holding a homemade placard that read "TAX the Rich". (more...)
US House majority whip shot at congressional baseball practice
- June 15, 2017
Williams says Flake first used his belt in the dugout to stop the bleeding of a leg wound sustained by his staff member, Zachary Barth, who Flake said "ran on a bad leg all the way across the field into the dugout". Rep. Mo Brooks (R-Ala.) said on air on CNN that "at least five" were injured , in total. Officials have said the portion of the investigation dealing with the shooter's possible motives remains unclear. (more...)
- June 15, 2017
Williams says Flake first used his belt in the dugout to stop the bleeding of a leg wound sustained by his staff member, Zachary Barth, who Flake said "ran on a bad leg all the way across the field into the dugout". Rep. Mo Brooks (R-Ala.) said on air on CNN that "at least five" were injured , in total. Officials have said the portion of the investigation dealing with the shooter's possible motives remains unclear. (more...)
US Inflation Turned To Deflation In May, Dropping 0.1%
- June 15, 2017
The Office for National Statistics (ONS) has revealed the Consumer Price Index ( CPI ) reached 2.9 per cent in May, surpassing economists' expectations of a freeze on the April rate of 2.7 per cent. Sales at building material stores were unchanged, while receipts at clothing stores rose 0.3 percent. Investors were still expecting the Federal Open Markets Committee to increase US overnight interest rates later on Wednesday at the conclusion of its June policy meeting. (more...)
- June 15, 2017
The Office for National Statistics (ONS) has revealed the Consumer Price Index ( CPI ) reached 2.9 per cent in May, surpassing economists' expectations of a freeze on the April rate of 2.7 per cent. Sales at building material stores were unchanged, while receipts at clothing stores rose 0.3 percent. Investors were still expecting the Federal Open Markets Committee to increase US overnight interest rates later on Wednesday at the conclusion of its June policy meeting. (more...)
5 things to know about the latest Federal Reserve rate hike
- June 15, 2017
The Fed also announced it would begin cutting its holdings of bonds and other securities this year. During the recession, the Fed bought up more than $4 trillion in Treasury and mortgage-backed securities in an effort to help rebuild the economy. (more...)
- June 15, 2017
The Fed also announced it would begin cutting its holdings of bonds and other securities this year. During the recession, the Fed bought up more than $4 trillion in Treasury and mortgage-backed securities in an effort to help rebuild the economy. (more...)
Intel Corporation (NASDAQ:INTC) Stock Sentiment & Analyst's Recommendations on the Name
- June 15, 2017
The stock declined 0.31% or $0.11 reaching $35.77 per share. About 7.37 million shares traded. Intel Corporation (NASDAQ:INTC) on Tuesday closed at $35.88. (NYSE:WM). Tcw Gp holds 0.02% of its portfolio in Waste Management, Inc. Now the P/E of Intel Corporation stands at 15.58. Woodstock Corp has invested 0.59% in Intel Corporation (NASDAQ:INTC). (more...)
- June 15, 2017
The stock declined 0.31% or $0.11 reaching $35.77 per share. About 7.37 million shares traded. Intel Corporation (NASDAQ:INTC) on Tuesday closed at $35.88. (NYSE:WM). Tcw Gp holds 0.02% of its portfolio in Waste Management, Inc. Now the P/E of Intel Corporation stands at 15.58. Woodstock Corp has invested 0.59% in Intel Corporation (NASDAQ:INTC). (more...)
No, Kamala Harris Wasn't Being 'Hysterical,' CNN Analyst Says
- June 15, 2017
The Wall Street Journal reported on Wednesday that the Senate Judiciary Committee will investigate President Donald Trump's firing of former FBI Director James Comey . She says Trump thought Sessions was especially "strong" on denying any collusion between the Trump campaign and Russian Federation. Harris asked Sessions if he had any contact with Russian that had not been disclosed previously, or if he had communicated with any Russian businessmen or nationals. (more...)
- June 15, 2017
The Wall Street Journal reported on Wednesday that the Senate Judiciary Committee will investigate President Donald Trump's firing of former FBI Director James Comey . She says Trump thought Sessions was especially "strong" on denying any collusion between the Trump campaign and Russian Federation. Harris asked Sessions if he had any contact with Russian that had not been disclosed previously, or if he had communicated with any Russian businessmen or nationals. (more...)
At least 12 dead in London tower block fire
- June 15, 2017
A plume of smoke stretched for miles (kilometers) over the capital. "It was horrendous. People up at their windows, screaming and the thing went up, it felt like seconds, it was just going up and up and up", a resident who identified himself as Mikey, told the British Broadcasting Corporation. (more...)
- June 15, 2017
A plume of smoke stretched for miles (kilometers) over the capital. "It was horrendous. People up at their windows, screaming and the thing went up, it felt like seconds, it was just going up and up and up", a resident who identified himself as Mikey, told the British Broadcasting Corporation. (more...)
Higher holiday prices help inflation climb to near four-year high
- June 15, 2017
The short-term rate can have a big effect on the cost of borrowing. "This spike in inflation will exert further downward pressure on real household disposable income, at a time when wage growth remains modest, and in turn squeeze consumer spending". (more...)
- June 15, 2017
The short-term rate can have a big effect on the cost of borrowing. "This spike in inflation will exert further downward pressure on real household disposable income, at a time when wage growth remains modest, and in turn squeeze consumer spending". (more...)
Fed hikes key rate and unveils bond trimming plans
- June 15, 2017
USA crude fell 3.7 percent to settle at $44.73 per barrel and Brent was last at $46.99, down 3.5 percent. When will we see another Fed rate hike? The central bank had held short-term rates steady since March, when it raised them by a quarter-point to a range between 0.75% and 1%, the third increase since June 2006. (more...)
- June 15, 2017
USA crude fell 3.7 percent to settle at $44.73 per barrel and Brent was last at $46.99, down 3.5 percent. When will we see another Fed rate hike? The central bank had held short-term rates steady since March, when it raised them by a quarter-point to a range between 0.75% and 1%, the third increase since June 2006. (more...)
Fed raises key rate and unveils plan to reduce bond holdings
- June 15, 2017
On Wednesday, the Federal Open Market Committee Raised Rates to 1.00-1.25%, which was a 25bp hike and said they anticipate another hike before the year is over. Mortgages and auto loans are not directly affected by the actions of the Fed, but historically speaking, they tend to rise after the Fed raises rates. (more...)
- June 15, 2017
On Wednesday, the Federal Open Market Committee Raised Rates to 1.00-1.25%, which was a 25bp hike and said they anticipate another hike before the year is over. Mortgages and auto loans are not directly affected by the actions of the Fed, but historically speaking, they tend to rise after the Fed raises rates. (more...)
Latest news
Tentative deal sends Stop & Shop employees back to work