Markets


Chubb puts Harvey-Irma losses at $1.6bn Chubb puts Harvey-Irma losses at $1.6bn
- September 30, 2017

It expects insured losses of about $520 million from Harvey and $640 million to $760 million from Irma after tax. That period had a relatively low level of natural disasters, suggesting the second half of 2017 could be even tougher. German reinsurer Hannover Re said it could miss its 2017 profit target, its first such warning since the 2008 financial crisis, following rival Munich Re which was the first major reinsurer to flag a hit to earnings from hurricanes Harvey and Irma. (more...)
Scana Corporation (SCG) Expected to Post Earnings of $1.13 Per Share Scana Corporation (SCG) Expected to Post Earnings of $1.13 Per Share
- September 30, 2017

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Comerica Bank now owns 64,298 shares of the utilities provider's stock worth $4,323,000 after purchasing an additional 534 shares during the last quarter. (more...)
Ajayi enjoying London homecoming with Dolphins
- September 30, 2017

The game is on FOX at 9:30 a.m. EST. As a result, Fins fans would be glad to know that cornerback Alterraun Verner is scheduled to play Sunday morning at Wembley Stadium. NATIVE SON: London-born Jay Ajayi will play in his hometown for the first time , giving Brits a chance to cheer the Dolphins running back who had a breakout season in 2016. (more...)
First Industrial Realty Trust, Inc. (NYSE:FR) Updated Broker Ratings First Industrial Realty Trust, Inc. (NYSE:FR) Updated Broker Ratings
- September 30, 2017

About shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since September 29, 2016 and is uptrending. It has outperformed by 35.48% the S&P500. The company is down from yesterday's close of 11.15. Vertex One Asset Management Inc sold 750,716 shares as the company's stock declined 1.51% while stock markets rallied. (more...)
Serena Williams's Post-Baby Underwear Selfie Game Is on Point Serena Williams's Post-Baby Underwear Selfie Game Is on Point
- September 30, 2017

Most recently, the new mom shared with her followers an adorable photo of the baby "flexing her muscles" while wearing a onesie that read 'Smart and Strong like my Mama '. "I'm having a hard time posting about anything that does not involve Alexis Olympia or something to do with her", she admitted in a tweet . The tennis superstar has snapped back in a big way since giving birth. (more...)
Goodbye, summer: Fall weather returns this weekend Goodbye, summer: Fall weather returns this weekend
- September 30, 2017

Much cooler and drier air moves in on Thursday . FRIDAY: Mainly sunny. Highs in the low 70s and lows in the low 50s. Summer-like weather returns next week as high temperatures climb into the low to mid 80s and nights warm into the lower 60s. (more...)
Legal & General Group Plc Trims Holdings in Rite Aid Corporation (RAD) Legal & General Group Plc Trims Holdings in Rite Aid Corporation (RAD)
- September 30, 2017

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rite Aid Corporation (RAD)'s RSI (Relative strength index) is at 30.98, its ATR (Average True Range) value is 0.12, while its Beta factor was calculated at 1.82. (more...)
Elon Musk promises 39-minute journeys from NY to Shanghai Elon Musk promises 39-minute journeys from NY to Shanghai
- September 30, 2017

Musk proposed an Interplanetary Transport System space vehicle that could theoretically take humans to the Red Planet in the future at the same forum past year. "Most of what people consider to be long-distance trips could be completed in less than half-an-hour", Musk said . Meanwhile, the longest trips - such as from the United Kingdom to Australia - would take no more than an hour. (more...)
Trump said to meet with Kevin Warsh about Federal Reserve leadership Trump said to meet with Kevin Warsh about Federal Reserve leadership
- September 30, 2017

Warsh, who served on the board from 2006 to 2011, was a key adviser to Fed Chairman Ben Bernanke during the 2008 financial crisis. "He's definitely more hawkish on the spectrum. The Fed would prefer to see this at 2.0%, so the 1.3% result is rate-friendly. Under her leadership, the Fed has slowly increased its benchmark interest rate, which was reduced to nearly zero in the wake of the crisis. (more...)
S&P ekes out record on healthcare gains, tax plan hopes S&P ekes out record on healthcare gains, tax plan hopes
- September 30, 2017

The Dow rose 40.49 points or 0.18% to 22381.20. The stock market opened higher Wednesday as investors await details of President Donald Trump's tax reform. Small-cap stocks were the big gainers of the week, with the Russell gaining 2.8% over the past five session. The Nasdaq rose 1.1%. About 6.01 billion shares changed hands in US exchanges, compared with the 6.25 billion daily average over the last 20 sessions. (more...)
Health Insurance Innovations, Inc
- September 30, 2017

The average Wall Street analyst rating for Health Insurance Innovations, Inc .is Strong Buy, according to the average of 6 analyst scores. The consensus analyst target price is $86.78. COPYRIGHT VIOLATION WARNING: This report was reported by Week Herald and is the sole property of of Week Herald. Health Insurance Innovations Inc ( HIIQ)'s Williams %R presently stands at -91.59. (more...)
Taco Bell Teamed Up With Forever21 on a Clothing Line Taco Bell Teamed Up With Forever21 on a Clothing Line
- September 29, 2017

The companies are promising a "unique spin on traditional fashion labelling" with clothing including sweatshirts , hoodies, anorak jackets, tops, and the aforementioned bodysuits. According to the press release, the pieces are "updated with pops of color and distinctive illustrations that effortlessly bring the heat". The two brands announced their collaboration by way of a "casting call" seeking photo and video content for the event. (more...)
Carney: interest rates to rise in 'relatively near term' Carney: interest rates to rise in 'relatively near term'
- September 29, 2017

Any increase will be passed on to mortgage holders on tracker or variable rate deals. This will no doubt prove a setback for the Chancellor, Philip Hammond , who is set to deliver his Autumn Budget in November . Some banks are still too big to fail, the Governor of the Bank of England has warned. He said most of the "necessary adjustments" in light of Brexit are "real in nature" and therefore "not in the gift of central bankers". (more...)
The obscure law that slowed aid to Puerto Rico The obscure law that slowed aid to Puerto Rico
- September 29, 2017

Hurricane Maria hit the US territory more than a week ago, leaving it without power and its roughly 3.4 million residents short on fuel and other supplies. "The situation in Puerto Rico is much different", spokesman David Lapan said in an email. The waiver after Harvey and Irma did include Puerto Rico, but it expired last week before the island was struck by Hurricane Maria, its worst storm in decades. (more...)
Inter Milan 'definitely' interested in signing Mesut Ozil, says club chairman Inter Milan 'definitely' interested in signing Mesut Ozil, says club chairman
- September 29, 2017

The playmaker finds himself on the sidelines along with Mario Gotze of Borussia Dortmund and Juventus midfielder Sami Khedira as the World Cup winners aim to finalise their place at Russian Federation 2018. The 28-year-old is out of contract in the summer and is free to speak to foreign clubs from January. Inter Milan president Erick Thohir has revealed that Arsenal midfielder Mesut Ozil is on the club's radar ahead of the January transfer window. (more...)
Jewish Trump aide says he stuck around after Charlottesville for tax reform Jewish Trump aide says he stuck around after Charlottesville for tax reform
- September 29, 2017

People who itemize deductions on their tax returns and live in high-tax states, for example, maylose a valuable deduction in their state and local taxes. The plan they released Wednesday took a first step toward outlining how Republicans propose to cover some of the monumental cost over the next 10 years, mainly by removing certain tax breaks. (more...)
South Korea Issues Ban on ICOs South Korea Issues Ban on ICOs
- September 29, 2017

Earlier this month, Beijing outlawed trading and usage of all cryptocurrencies, including bitcoin. Photo illustration of Bitfinex cryptocurrency exchange website. "The majority of ICO tokens are being issued through the ethereum platform", said Glucksmann. The price of Bitcoin sharply fell with 3%, and the price of Ethereum also dropped 6.5%. (more...)
Porsche ex-R&D chief reportedly arrested in Audi dieselgate probe
- September 29, 2017

Hatz was Audi's head engine developer from 2001 until 2007 when he was promoted to VW Group powertrain chief. The current developments are understood to focus on the investigation into emissions manipulation at Audi, with German police conducting a number of searches as well as arresting Hatz. (more...)
Tony Douglas is Etihad's new group CEO Tony Douglas is Etihad's new group CEO
- September 29, 2017

In the United Kingdom, he held senior positions at Heathrow Airport Holdings, including as managing director of Heathrow Terminal 5 project, among others. After Hogan stepped down, the group appointed Ray Gammell who has been serving as interim CEO. Currently, Etihad Group's chief of support services Harsh Mohan is its nominee to the Jet Airways board. (more...)
SSP Group PLC (SSPG) Rating Reiterated by Numis Securities Ltd SSP Group PLC (SSPG) Rating Reiterated by Numis Securities Ltd
- September 29, 2017

Insiders acquired 763 shares of company stock worth $980,831 over the last quarter. The stock's valuation is GBX 3.74 B. Shares of Hilton Food Group plc ( LON:HFG ) traded up 0.54% during mid-day trading on Tuesday, hitting GBX 744.00. The stock of AT&T Inc. The rating was maintained by JP Morgan with "Overweight" on Friday, April 1. The rating was maintained by Cantor Fitzgerald with "Buy" on Tuesday, September 13. (more...)