Markets


Wall Street unmoved by soft retail sales Wall Street unmoved by soft retail sales
- September 15, 2017

Ex-auto sales had been expected to increase by 0.5%. Economists had expected retail sales to inch up by 0.1% compared to the 0.6% increase originally reported for the previous month. It was the biggest one-month decline since a 0.2 percent decline in February. Sales were stronger across a broad range of products. Sales at general merchandise stores, which includes big-box retailers such as Walmart and Target, were up 0.2 percent although sales at department stores including Macy's, ... (more...)
BlackRock Inc. Has $4.55 Billion Holdings in Morgan Stanley (MS) BlackRock Inc. Has $4.55 Billion Holdings in Morgan Stanley (MS)
- September 15, 2017

Among 33 analysts covering Citigroup Inc. The stock has "Buy" rating by RBC Capital Markets on Wednesday, August 30. The firm has "Equal Weight" rating by Barclays Capital given on Tuesday, January 3. Maryland-based Lockheed Martin Inv Company has invested 0.42% in Morgan Stanley (NYSE:MS). The stock has "Buy" rating by RBC Capital Markets on Wednesday, August 30. (more...)
UPS Adds 3 All-Electric Delivery Trucks To Its Fleet UPS Adds 3 All-Electric Delivery Trucks To Its Fleet
- September 15, 2017

Marc Llistosella, president and CEO of Mitsubishi Fuso Truck and Bus Corporation and Head of Daimler Trucks Asia, said: "In times, when everybody is talking about electric trucks, we are the first to actually commercialise a series produced all-electric truck". (more...)
IRS delays tax deadlines for Irma victims IRS delays tax deadlines for Irma victims
- September 15, 2017

Specifically, this extension applies to taxpayers located in areas designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. They're already late on that since all payments on 2016 taxes were due by April 18 of this year. Businesses with extensions also have the additional time including, among others, calendar-year partnerships whose 2016 extensions run out on September 15, 2017 and calendar-year tax-exempt organizations whose 2016 extensions run ... (more...)
Honda still committed to F1 says Carey Honda still committed to F1 says Carey
- September 15, 2017

Spanish media and online reports said Sainz - a young talent long coveted by Renault - was set to move to the French manufacturer team as a sweetener for Toro Rosso terminating their engine contract. Ferrari also clinched 1-2 in Hungary, another track which neutralizes the power of Mercedes. Where did it go wrong for McLaren-Honda? However, both the team and their new engine partners believe they can enjoy a "fruitful" partnership together. (more...)
China to close all bitcoin exchanges by end-September - Yicai China to close all bitcoin exchanges by end-September - Yicai
- September 15, 2017

The bitcoin price steadied on Friday and was up 2.4 percent at $3,304 at 0531 GMT on USA exchange Bitstamp . "It is a smarter move to maintain the operation of the local exchanges if the central bank's goal is to minimise the outflow of yuan". (more...)
IShares Edge MSCI Min Vol EAFE (EFAV) Rises 0.06% for Sep 14
- September 15, 2017

RSI can be used to help spot overbought or oversold conditions. Traders may use these levels to help identify stock price reversals. Currently, the 200-day MA is sitting at 3742.16, and the 50-day is 3840.54. SPDR Barclays Capital Euro High Yield Bd ETF (JNKE.L) now has a 14-day Commodity Channel Index (CCI) of -17.93. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. (more...)
BOE keeps key interest rate steady BOE keeps key interest rate steady
- September 15, 2017

However, there was a direct hint from the committee that the bank may raise rates soon due to better than expected growth figures, strong employment numbers, and creeping inflation. "The BoE's formal nod to interest rate increases in coming months is a clear indication that the market has got this wrong, failing to price in any hikes meaningfully in the near term". (more...)
Small gains on Wall Street on positive day for retailers Small gains on Wall Street on positive day for retailers
- September 15, 2017

Facebook lost 1.2 percent and Apple gave up 0.9 percent. The Dow Jones industrial average rose 45.30 points, or 0.2 percent, to 22,203.48. The Nasdaq Composite dropped 20.95 points, or 0.32 percent, to 6,439.24. The increase in August came because gas and housing costs rose. "Just enough growth, just enough inflation, but not too much of either". Wednesday afternoon, CEO Dennis Muilenberg said the company expects to start delivering more planes. (more...)
Renault-Nissan to launch 12 zero-emission models Renault-Nissan to launch 12 zero-emission models
- September 15, 2017

Groupe Renault , Nissan Motor and Mitsubishi Motors , which represent the world's largest automotive alliance, announced Friday that Alliance 2022, a six-year plan, has set a new target to double annual synergies to 10 billion euros by the end of the plan. (more...)
Auto buyers beware of potential vehicles that were in flood waters Auto buyers beware of potential vehicles that were in flood waters
- September 15, 2017

Analysts computed that number is a 20-percent increase from 2016. To best stay safe, Antrican says investigate the car's origin and found out how it got here. Start with a thorough test drive, a vehicle history report and a mechanic's inspection before buying any used auto". Carfax is still coming up with an estimate for the latest hurricanes. (more...)
Pittsburgh invests $250000 to attract new amazon headquarters Pittsburgh invests $250000 to attract new amazon headquarters
- September 15, 2017

As cities across North America prepare to act on the request for proposal from Amazon , and prove why they are best suited to play host to a second headquarters for the tech giant, they're likely soliciting help from all corners. That's where the report goes off the rails, right? At least 101 cities in the US and Canada have expressed interest in hosting the second Amazon headquarters since the company released a request for proposal September 7, reports The Seattle Times . (more...)
EPS for SL Green Realty Corp (SLG) Expected At $1.60
- September 15, 2017

Company shares last traded at $23.47 marginally under $24.25, the 50 day moving average and which is quite a bit lower than the 200 day moving average of $26.54. Investors sentiment decreased to 1.19 in Q4 2016. Its down 0.10, from 1.18 in 2016Q3. The fund owned 937,979 shares of the real estate investment trust's stock after selling 217,809 shares during the quarter. (more...)
What the Insider Data Suggests About Precision Drilling Corporation (PDS)
- September 15, 2017

Precision Drilling Corporation now has an average rating of "Buy" and an average price target of $6.37. The consensus recommendation, according to Zacks Investment research , is 2. Among active positions in the latest quarter, 61 holders increased their positions by a total of 25.81 million shares, 77 holders decreased the positions by a total of 31.29 million shares, and 25 holders held their positions. (more...)
Tenet Healthcare Corp. (THC): Scrutinizing the Chart Tenet Healthcare Corp. (THC): Scrutinizing the Chart
- September 15, 2017

The company has market cap of $1.73 billion. THC has diverse figures for different time frames; starting from week's performance it is bestowing negative returns of -5.31% in last five regular trading sessions. Specifically, Array Biopharma has a 50-day call/put volume ratio of 10.7 at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), good enough to rank in the 68th annual percentile. (more...)
UAE get ready for iPhone 8, 8 plus: Pre-orders start tomorrow UAE get ready for iPhone 8, 8 plus: Pre-orders start tomorrow
- September 15, 2017

Available for pre-ordering starting October 27, Apple's next-generation iPhone , the iPhone X , will set buyers back $999 or more. The iPhone 8 Plus also sticks pretty closely to the iPhone 7 Plus formula, although its Portrait Mode has been improved and should now deliver sharper shots. (more...)
Virginia Beach golfer Marc Leishman leads after 1st round of BMW Championship Virginia Beach golfer Marc Leishman leads after 1st round of BMW Championship
- September 15, 2017

Marc Leishman has begun the BMW Championships in style. In a whirlwind of low scoring, Leishman birdied the first, second, fourth, fifth, seventh and ninth to race to the turn in 30, matching the outward nine of three-time major victor Spieth. (more...)
A Glimpse Into Insider Trading And Ownership At United Technologies Corporation (UTX)
- September 15, 2017

General Electric Co Common now has $208.74 billion valuation. Equity Research firms now have a positive stance on shares of Celsion Corporation (NASDAQ:CLSN). Stock Yards Bank & Trust & has invested 0.18% of its portfolio in United Technologies Corporation (NYSE:UTX). Jefferies has "Buy" rating and $139.0 target. (more...)
Serious Damage to Florida Citrus Crop, Says State Ag Commissioner Serious Damage to Florida Citrus Crop, Says State Ag Commissioner
- September 15, 2017

In an interview Wednesday, Widenor said CWG didn't revise its initial estimates, but he added that "the ground crews will have a much better feel for it". In the meantime, standing water in groves can increase the chance of disease to the roots. Therefore, this could limit produce supply for an extended period. (more...)
Hurricane Irma Restoration Alert Hurricane Irma Restoration Alert
- September 15, 2017

Spokeswoman Leslie Thompson said the average outage duration was 1 hour and 45 minutes. Georgia Power focuses on delivering world-class service to its customers every day and the company is consistently recognized by J.D. Georgia Power monitored the path of Hurricane Irma for more than a week prior to the storm entering Georgia. About 480,000 Georgia homes and businesses remained without power Wednesday, two days after Tropical Storm Irma hit the state. (more...)

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