Markets


House Passes Financial Choice Act
- June 23, 2017

The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into federal law by President Barack Obama on July 21, 2010. "After years of defeat, with President Trump in the White House this bill has the opportunity to become law". (more...)
Stocks under Analysts Coverage: Patterson-UTI Energy Inc. (PTEN)
- June 23, 2017

Orleans Capital Management Corp LA now owns 73,046 shares of the oil and gas company's stock worth $1,634,000 after buying an additional 2,200 shares during the period. Susquehanna maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Tuesday , July 28 to "Accumulate" rating. 01/04/2017 - Patterson-UTI Energy, Inc. (more...)
Saudi Arabia's King Replaces Nephew With Son As Heir To Throne Saudi Arabia's King Replaces Nephew With Son As Heir To Throne
- June 23, 2017

MbS is popular among many young people in Saudi Arabia for championing internal reforms, opening up the deeply conservative country with his promise to modernise the economy. The rest of the world needs a modernized Saudi Arabia. Following the crisis, Iranian officials had accused the USA of setting the scene for the escalating Gulf diplomatic crisis during President Donald Trump's recent trip to the Saudi Arabia. (more...)
Rebel Attack on Philippine School Endangers Students Rebel Attack on Philippine School Endangers Students
- June 23, 2017

Members of the Bangsamoro Islamic Freedom Fighters (BIFF) were engaged in a gun battle with the military, Chief Inspector Realan Mamon, the police chief of Pigcawayan town, said in a radio interview on Wednesday. Philippine troops, backed by airstrikes and artillery, remain involved in the offensive to wrest back control of villages and the business district. As of Tuesday, some 258 militants, 65 security forces and 26 civilians had been killed in the city, according to the military. (more...)
Sears to close another 20 stores Sears to close another 20 stores
- June 23, 2017

A list of the stores that the Company anticipates closing is included with this announcement. The store at Skyview Power Centre, 13304 137 Ave., will be one of the 15 Sears Home stores closing in Canada. Seritage, which owns interests in more than 260 properties that have or had Sears or K-mart stores on them across 49 states and Puerto Rico, has pitched a mixed-use development that would bring housing and neighborhood retail tenants to its 26.4-acre Sears store property in Hicksville. (more...)
Lower Oil Prices Hit US Energy Sector, Stirring Fears of Economic Downturn Lower Oil Prices Hit US Energy Sector, Stirring Fears of Economic Downturn
- June 23, 2017

Y was the weakest S&P sector with a 1.6 percent decline after oil prices LCOc1 reversed course during the morning session and USA crude CLc1 touched its lowest point since August despite larger-than-expected declines in inventories. We saw signs of this earlier in the week, when EIA data on Wednesday showed USA crude stockpiles fell by 2.5 million barrels, more than analysts' expectations of a decrease of 2.1 million barrels. (more...)
Analyst's Predictions on Regulus Therapeutics Inc. (RGLS), Physicians Realty Trust (DOC) Analyst's Predictions on Regulus Therapeutics Inc. (RGLS), Physicians Realty Trust (DOC)
- June 23, 2017

The company's quarterly revenue was down 3.9% compared to the same quarter past year. 1 now has $635.44 million valuation. The stock declined 0.36% or $0.2 reaching $54.85 on the news. The rating was maintained by Peel Hunt on Friday, January 8 with "Buy". On June 28 the company was downgraded from " to "Underperform" in a report from Boenning & Scattergood. (more...)
Trump questions impartiality of Russia probe chief
- June 23, 2017

His comments came after he finally admitted on Thursday that he does not have "tapes" of his conversations with Comey. Trump on May 12 floated the idea that he had an audio record of their conversations. Trump said earlier this month that reporters would be disappointed by the answer. I mean, you'll have to take a look at that because then he has to tell what actually took place at the events. (more...)
Asian shares flat as weak oil prices weigh on investors Asian shares flat as weak oil prices weigh on investors
- June 23, 2017

Due to their exposure to the oil sector, the benchmark S&P 500 Index and the blue chip Dow Jones Industrial Average are likely to be affected the most by the price action in crude oil. The consulting company reported quarterly earnings that were in line with analysts' expectations, but it also trimmed the top end of its forecast for revenue growth this year, when taking changes in foreign-currency values into account. (more...)
Oil firms could waste trillions if climate targets reached
- June 23, 2017

Exxon , BP, and automaker General Motors are some of almost a dozen companies supporting the idea of a carbon tax even as the Trump administration continues to roll back regulations aimed at cutting carbon emissions, WSJ reported. Trump has expressed doubt over the existence of climate change and has said efforts to fight it put the U.S.at a competitive disadvantage. "Exxon is signing onto this carbon tax proposal because they know it's dead-on-arrival, but hope it will distract from the ... (more...)
Carnival Corporation (NASDAQ:CCL) To Release Earnings Carnival Corporation (NASDAQ:CCL) To Release Earnings
- June 23, 2017

Adjusted net income, which excludes unrealized gains or losses on fuel derivatives and other charges, was $378 million, or 52 cents a share, versus $370 million and 49 cents a share in the year-ago quarter. Since December 29, 2016, it had 0 insider purchases, and 16 insider sales for $23.56 million activity. 31,158 shares were sold by KRUSE STEIN, worth $1.74 million on Wednesday, February 15. (more...)
Bed Bath & Beyond says earnings, comparable store sales fell in first quarter
- June 23, 2017

Also, the number of active investment managers holding Bed Bath & Beyond Inc in their top 10 positions was flat from 2 to 2 for the same number. ValuEngine cut shares of Bed Bath & Beyond from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd. (more...)
Stock Grabbing Investor's Attention: Office Depot Cmn (ODP) Stock Grabbing Investor's Attention: Office Depot Cmn (ODP)
- June 23, 2017

According to the past 5 years report, the company on average reported -23.10% year-over-year EPS growth and sales growth was recorded at 64.70%. Paragon Capital Management Ltd purchased a new stake in shares of Office Depot during the first quarter valued at approximately $171,000. (more...)
Doyle Wealth Management Takes Position in Exxon Mobil Corporation (XOM)
- June 23, 2017

Stock has got OUTPERFORM rating from 16 of Thomson Reuters analysts, 9 given HOLD rating to the stock and 0 given UNDERPERFORM rating. RDN's SI was 5.28M shares in June as released by FINRA. The institutional ownership stake in the corporation is 93.50%. 18,978 are held by Los Angeles Cap Mgmt & Equity Research. Life accumulated 4,200 shares or 1.8% of the stock. (more...)
McIlroy looks to regain momentum at Travelers McIlroy looks to regain momentum at Travelers
- June 23, 2017

He has one victory in 228 career Champions tour starts, that coming at Pebble Beach in 2006. The 28-year-old shot a three-under 67 and is firmly in contention heading into Friday. Not sure what else I need to say. Clearly he's feeling himself going into the final three rounds at TPC at River Highlands. DeLaet has played here six times and finished 4th in 2015 (his most recent event), T51 in 2014, and 3rd in 2013. (more...)
Reckitt Benckiser Group PLC (RBGLY) Receives $3061.50 Average PT from Analysts
- June 23, 2017

The correct version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/06/16/analysts-set-reckitt-benckiser-group-plc-adr-rbgly-pt-at-3061-50-updated-updated.html. The firm has "Buy" rating given on Tuesday, March 14 by Canaccord Genuity. The firm has "Hold" rating by Zacks given on Wednesday, August 26. Since January 10, 2017, it had 0 insider buys, and 12 selling transactions for $273.37 million activity. (more...)
Global POS Terminal Market - Strategic Assessment and Forecast 2017 Global POS Terminal Market - Strategic Assessment and Forecast 2017
- June 23, 2017

The report Global Monitoring Equipment Industry 2016 is a professional, in-depth study that includes insights extracted from complex information, which clients can use for their business advantage. The Human Resources Management Software Market introduces Human Resources Management Software basic information, including definition, classification, application , industry chain structure, industry overview, policy analysis, and news analysis, etc. (more...)
Eurozone economy enjoyed 'best quarter in over 6 years' Eurozone economy enjoyed 'best quarter in over 6 years'
- June 23, 2017

The flash composite PMI index was still way above the 50 level that marks expansion. "Despite the June dip, the average expansion in the second quarter has been the strongest for over six years and is historically consistent with gross domestic product ( GDP ) growth accelerating from 0.6 percent in the first quarter to 0.7 percent", said Chris Williamson , chief business economist at Markit. (more...)
Toshiba Says Willing to Talk with Western Digital over Chip Sale Toshiba Says Willing to Talk with Western Digital over Chip Sale
- June 23, 2017

It also received regulatory approval to delay filing its annual earnings by more than a month amid a prolonged accounting investigation at its bankrupt Westinghouse nuclear unit. Massive losses from its USA nuclear unit plunged the once-mighty Toshiba into negative net worth in fiscal 2016. It hopes to sell that business but the matter is delayed by legal issues. (more...)
Irish parliament elects new prime minister Irish parliament elects new prime minister
- June 23, 2017

Last month, Varadkar became the leader of governing political party Fine Gael, then submitted to become the next prime minister. McHugh accompanied Varadkar on a recent visit to Donegal and was an outspoken supporter of his campaign for leadership . (more...)

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