Markets
Lawmakers Criticize SEC Chairman Over Handling of Hack
- September 27, 2017
The SEC announced Monday that it has started a cyber unit within its enforcement division. Even before Clayton gave his testimony, Sen. Sherrod Brown of Cleveland, the panel's top Democrat, who questioned the agency's ability to hold companies responsible in light of its own failings. (more...)
- September 27, 2017
The SEC announced Monday that it has started a cyber unit within its enforcement division. Even before Clayton gave his testimony, Sen. Sherrod Brown of Cleveland, the panel's top Democrat, who questioned the agency's ability to hold companies responsible in light of its own failings. (more...)
Stocks fall back on heightened US-North Korea tensions
- September 27, 2017
NORTH KOREA: Investors are also keeping a close watch on developments surrounding North Korea after the country's top diplomat said a weekend tweet by President Donald Trump was a "declaration of war" and that North Korea has the right to shoot down USA bombers. (more...)
- September 27, 2017
NORTH KOREA: Investors are also keeping a close watch on developments surrounding North Korea after the country's top diplomat said a weekend tweet by President Donald Trump was a "declaration of war" and that North Korea has the right to shoot down USA bombers. (more...)
GOP Poll Shows Strong Support for Tax Reform
- September 27, 2017
Half say they disapprove of Trump's handling of the situation with North Korea (50%) vs. four in 10 who say they approve (41%) - little changed from Trump's rating in August on the topic. The reports help to explain a seemingly puzzling quote from Trump on Sunday regarding the tax plan. Cabinet members and other top administration officials were fanning out on Thursday to talk about the benefits of overhauling the tax system. (more...)
- September 27, 2017
Half say they disapprove of Trump's handling of the situation with North Korea (50%) vs. four in 10 who say they approve (41%) - little changed from Trump's rating in August on the topic. The reports help to explain a seemingly puzzling quote from Trump on Sunday regarding the tax plan. Cabinet members and other top administration officials were fanning out on Thursday to talk about the benefits of overhauling the tax system. (more...)
President Buhari Congratulates German Chancellor Merkel On Election Victory
- September 27, 2017
The German electorate has returned Chancellor Angela Merkel's Christian Democratic Union party to power, with her once again in charge for a remarkable fourth term . The party won seats in the national parliament for the first time Sunday after a campaign that centered on harsh criticism of Merkel and the migrant influx. (more...)
- September 27, 2017
The German electorate has returned Chancellor Angela Merkel's Christian Democratic Union party to power, with her once again in charge for a remarkable fourth term . The party won seats in the national parliament for the first time Sunday after a campaign that centered on harsh criticism of Merkel and the migrant influx. (more...)
Land Rover to launch new Road Rover in 2019
- September 27, 2017
Thought the Range Rover Velar was as close to a road auto as you could get from Land Rover? This sub-brand would slot into Jaguar Land Rover's existing lineup to allow Jaguar to become a performance orientated brand and ensure that Land Rover and the luxury focused Range Rover's off-road pedigree stays intact. (more...)
- September 27, 2017
Thought the Range Rover Velar was as close to a road auto as you could get from Land Rover? This sub-brand would slot into Jaguar Land Rover's existing lineup to allow Jaguar to become a performance orientated brand and ensure that Land Rover and the luxury focused Range Rover's off-road pedigree stays intact. (more...)
Saudi Arabia to allow women to drive
- September 26, 2017
The news were announced on state media and tweeted by the Saudi press agency SPA . It highlights the damage that the policy has done to the kingdom's worldwide reputation and its hopes for a public relations benefit from the reform. A solution in Yemen's two and-a-half year-old civil war will likely come through military rather than political means, the country's Saudi-backed president said, blaming the Iran-aligned Houthis of obstructing chances of peace. (more...)
- September 26, 2017
The news were announced on state media and tweeted by the Saudi press agency SPA . It highlights the damage that the policy has done to the kingdom's worldwide reputation and its hopes for a public relations benefit from the reform. A solution in Yemen's two and-a-half year-old civil war will likely come through military rather than political means, the country's Saudi-backed president said, blaming the Iran-aligned Houthis of obstructing chances of peace. (more...)
Investors Traded Stock: Physicians Realty Trust (DOC)
- September 26, 2017
Analysts are projecting QTS Realty Trust, Inc. The stock of Federal Realty Investment Trust (NYSE: FRT ) has "Buy" rating given on Tuesday, December 13 by Citigroup. This represents a $4.00 annualized dividend and a yield of 3.21%. As of February 28, 2017, the Company had 67 real estate investments located in 20 states in the United States consisting of six hospital facilities, including three acute care, one rehabilitation and two sub-acute; 54 MOBs; three free-standing emergency ... (more...)
- September 26, 2017
Analysts are projecting QTS Realty Trust, Inc. The stock of Federal Realty Investment Trust (NYSE: FRT ) has "Buy" rating given on Tuesday, December 13 by Citigroup. This represents a $4.00 annualized dividend and a yield of 3.21%. As of February 28, 2017, the Company had 67 real estate investments located in 20 states in the United States consisting of six hospital facilities, including three acute care, one rehabilitation and two sub-acute; 54 MOBs; three free-standing emergency ... (more...)
Frontier Airlines Announces Nonstop Memphis-Philadelphia Service
- September 26, 2017
The new nonstop trips, announced Tuesday, will begin next spring. "Frontier's recent expansion and investments in Omaha are a direct reflection of a growing and dynamic community that supports local nonstop air service". F9 1285 Depart JAX: 2:58 p.m. Arrive JAX: 2:08 p.m. It will leave Omaha at 4:47 p.m. and arrive in Fort Myers at 8:51 p.m. Arrive CVG: 7:11 p.m. It will leave Philadelphia at 5:25 a.m., arriving in Charleston at 7:18 a.m. (more...)
- September 26, 2017
The new nonstop trips, announced Tuesday, will begin next spring. "Frontier's recent expansion and investments in Omaha are a direct reflection of a growing and dynamic community that supports local nonstop air service". F9 1285 Depart JAX: 2:58 p.m. Arrive JAX: 2:08 p.m. It will leave Omaha at 4:47 p.m. and arrive in Fort Myers at 8:51 p.m. Arrive CVG: 7:11 p.m. It will leave Philadelphia at 5:25 a.m., arriving in Charleston at 7:18 a.m. (more...)
Japan's lower house to be dissolved, PM tells party
- September 26, 2017
Japanese Prime Minister Shinzo Abe this morning announced he plans to dissolve parliament's lower house on Thursday for a snap election, as he seeks a fresh mandate to overcome " a national crisis ". But he does face some headwinds: nearly two-thirds of the public disapprove of the decision to fast-track the elections, and 42% polled said they are undecided about whom to support. (more...)
- September 26, 2017
Japanese Prime Minister Shinzo Abe this morning announced he plans to dissolve parliament's lower house on Thursday for a snap election, as he seeks a fresh mandate to overcome " a national crisis ". But he does face some headwinds: nearly two-thirds of the public disapprove of the decision to fast-track the elections, and 42% polled said they are undecided about whom to support. (more...)
Dudley sees Fed rate hikes as US inflation weakness fades
- September 26, 2017
Fed Chair Janet Yellen said such increases are justified by improvements in the labor market and the conviction that inflation will return to 2 percent by 2019. "With a firmer import price trend and the fading of effects from a number of temporary, idiosyncratic factors, I expect inflation will rise and stabilize around the (Fed's) 2 percent objective over the medium term", he told students and professors at Onondaga Community College. (more...)
- September 26, 2017
Fed Chair Janet Yellen said such increases are justified by improvements in the labor market and the conviction that inflation will return to 2 percent by 2019. "With a firmer import price trend and the fading of effects from a number of temporary, idiosyncratic factors, I expect inflation will rise and stabilize around the (Fed's) 2 percent objective over the medium term", he told students and professors at Onondaga Community College. (more...)
Revenue Approximations Analysis: The Walt Disney Company (DIS), Opko Health, Inc. (OPK)
- September 26, 2017
The average analysts gave this company a mean recommendation of 2.00. The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 98.8 million shares, BLACKROCK INC. The Firm designs, makes and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, ... (more...)
- September 26, 2017
The average analysts gave this company a mean recommendation of 2.00. The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 98.8 million shares, BLACKROCK INC. The Firm designs, makes and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, ... (more...)
Uber is pulling out of Québec due to regulatory issues
- September 26, 2017
Last week, the government renewed the pilot but with stricter conditions that would require Uber drivers to undergo 35 hours of training - the same as taxi drivers - and a criminal background check by police. When we asked Uber for comment, it focused on its core argument, contending that the new regulations would be "onerous" and that its service was proven "safe and reliable" through the first phase of the pilot. (more...)
- September 26, 2017
Last week, the government renewed the pilot but with stricter conditions that would require Uber drivers to undergo 35 hours of training - the same as taxi drivers - and a criminal background check by police. When we asked Uber for comment, it focused on its core argument, contending that the new regulations would be "onerous" and that its service was proven "safe and reliable" through the first phase of the pilot. (more...)
Commodities - Crude Oil Prices Down In Asia On Profit taking After OPEC
- September 26, 2017
USA crude WTI futures eased 10 cents to $52.12 a barrel, after hitting a five-month high of $52.43 a barrel. WTI prices sustaining above $50 will further support technical buying. Healthy global demand according to the IEA has played its part, and the prompt futures backwardation in Brent has finally seen it break long-term resistance. (more...)
- September 26, 2017
USA crude WTI futures eased 10 cents to $52.12 a barrel, after hitting a five-month high of $52.43 a barrel. WTI prices sustaining above $50 will further support technical buying. Healthy global demand according to the IEA has played its part, and the prompt futures backwardation in Brent has finally seen it break long-term resistance. (more...)
Alstom confirms tie-up talks with Siemens, discussions on-going
- September 26, 2017
Late last week, Alstom confirmed that it is involved in discussions with Siemens in connection with a possible merger. Siemens and Alstom are strong in high-speed intercity trains with their ICE and TGV models. "The Franco-German partnership must not result in the eradication of French industry!" Eric Woerth, of the right-wing Republicans' party, voiced similar views on his Twitter account. (more...)
- September 26, 2017
Late last week, Alstom confirmed that it is involved in discussions with Siemens in connection with a possible merger. Siemens and Alstom are strong in high-speed intercity trains with their ICE and TGV models. "The Franco-German partnership must not result in the eradication of French industry!" Eric Woerth, of the right-wing Republicans' party, voiced similar views on his Twitter account. (more...)
United States home prices climbed higher than expected in July
- September 26, 2017
The S&P CoreLogic Case-Shiller National Home Price Index (HPI) covering all 9 USA census divisions continued to rise in July, gaining 0.3% to 5.9% and meeting the median economic forecast. "The sharp increase in prices in Washington and Utah has been especially striking, with home price growth in both states accelerating by 3 percentage points since the beginning of this year". (more...)
- September 26, 2017
The S&P CoreLogic Case-Shiller National Home Price Index (HPI) covering all 9 USA census divisions continued to rise in July, gaining 0.3% to 5.9% and meeting the median economic forecast. "The sharp increase in prices in Washington and Utah has been especially striking, with home price growth in both states accelerating by 3 percentage points since the beginning of this year". (more...)
Dyson -- yes, that Dyson -- is working on an electric vehicle
- September 26, 2017
According to Dyson, there's already a considerable team - and budget - working on the problem. He said it would neither be a sports vehicle. I'm committed to investing £2 billion on this endeavour. all competing to popularize electric vehicles. That's no longer a rumor, as the company has confirmed that it's working on a battery electric vehicle with an all-electric drivetrain to be launched by 2020. (more...)
- September 26, 2017
According to Dyson, there's already a considerable team - and budget - working on the problem. He said it would neither be a sports vehicle. I'm committed to investing £2 billion on this endeavour. all competing to popularize electric vehicles. That's no longer a rumor, as the company has confirmed that it's working on a battery electric vehicle with an all-electric drivetrain to be launched by 2020. (more...)
Dubai Puts Its Self-Flying Air Taxi To The Test
- September 26, 2017
Standing just over 2m high, the aircraft looks like a cross between a helicopter and a commercial drone. The giant drone-like vehicle has 2 seats, 18 propellers, and is powered by 9 batteries. He said the German-made craft had "top security and safety standards, and multiple redundancies in all critical components such as propellers, motors, power source, electronics and flight controls". (more...)
- September 26, 2017
Standing just over 2m high, the aircraft looks like a cross between a helicopter and a commercial drone. The giant drone-like vehicle has 2 seats, 18 propellers, and is powered by 9 batteries. He said the German-made craft had "top security and safety standards, and multiple redundancies in all critical components such as propellers, motors, power source, electronics and flight controls". (more...)
Comparethemarket.com investigated over alleged deals with insurers
- September 26, 2017
A price comparison website is to be probed for allegedly offering customers higher home insurance prices . Three of the UK's most well-known insurance price comparison sites are, Moneysupermarket, Compare the Market and Go Compare. In its final report into the use of price comparison sites, the antitrust watchdog's wider findings include setting clear "ground rules" for all online operators. (more...)
- September 26, 2017
A price comparison website is to be probed for allegedly offering customers higher home insurance prices . Three of the UK's most well-known insurance price comparison sites are, Moneysupermarket, Compare the Market and Go Compare. In its final report into the use of price comparison sites, the antitrust watchdog's wider findings include setting clear "ground rules" for all online operators. (more...)
Cisco Systems, Inc. (NASDAQ:CSCO) Earns Hold Rating from Needham & Company LLC
- September 26, 2017
Sanford C. Bernstein set a $38.00 target price on Cisco Systems and gave the company a "buy" rating in a research report on Saturday, July 1st. The stock declined 0.12% or $0.04 reaching $33.33 on the news. Investec Asset Mgmt Limited has 0.1% invested in Cisco Systems, Inc . CSCO's seven period stock performance has resulted in shares rising by a 2.87% and sporting a 5.4% return over the last 12 months. (more...)
- September 26, 2017
Sanford C. Bernstein set a $38.00 target price on Cisco Systems and gave the company a "buy" rating in a research report on Saturday, July 1st. The stock declined 0.12% or $0.04 reaching $33.33 on the news. Investec Asset Mgmt Limited has 0.1% invested in Cisco Systems, Inc . CSCO's seven period stock performance has resulted in shares rising by a 2.87% and sporting a 5.4% return over the last 12 months. (more...)
SL Green Realty Corp (SLG)'s MFI Reading Under The Lens
- September 26, 2017
The MFI indicator is an oscillator which ranges between fixed values of 0 and 100 and as with most oscillators divergences form a major part of trading with the MFI indicator. BidaskClub upgraded Duke Realty Corporation from a sell rating to a hold rating in a report on Wednesday, July 19th. Washington Trust Bancshares has 0% invested in SL Green Realty Corp (NYSE:SLG) for 149 shares. (more...)
- September 26, 2017
The MFI indicator is an oscillator which ranges between fixed values of 0 and 100 and as with most oscillators divergences form a major part of trading with the MFI indicator. BidaskClub upgraded Duke Realty Corporation from a sell rating to a hold rating in a report on Wednesday, July 19th. Washington Trust Bancshares has 0% invested in SL Green Realty Corp (NYSE:SLG) for 149 shares. (more...)
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Quiet to finish the weekend; rain returns next week