Markets


Mazda Is Developing a Rotary Engine for Sports Cars Mazda Is Developing a Rotary Engine for Sports Cars
- October 17, 2017

Mazda's rotary engine is ditching its duty under the hood of sports auto and instead will soon be used to power an electric vehicle. Mazda's head of engine development, Mitsuo Hitomi, has confirmed in an interview with Automotive News that the Japanese manufacturer is now developing the rotary's modern successor. (more...)
Marathon Oil Corporation (NYSE:MRO) Active Stock in the Spotlight
- October 17, 2017

As per Tuesday, October 10, the company rating was maintained by Barclays Capital. The firm has "Sector Outperform" rating given on Tuesday, December 15 by Howard Weil. Therefore 72% are positive. Acxiom Corporation had 13 analyst reports since August 7, 2015 according to SRatingsIntel. COPYRIGHT VIOLATION NOTICE: " Marathon Oil Corporation ( MRO ) Receives Hold Rating from Jefferies Group LLC" was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. (more...)
UK Inflation Highest Since 2012 UK Inflation Highest Since 2012
- October 17, 2017

United Kingdom inflation hit 3 per cent in September, its highest rate in five years and slightly above the consensus forecast. This matched economists' average expectation in a Reuters poll and marked the fastest rise since April 2012. Core inflation that excludes energy, food, alcoholic beverages and tobacco, held steady at 2.7 percent. Another report from ONS showed that output price inflation slowed slightly to 3.3 percent, as expected, from 3.4 percent in August. (more...)
Lufthansa spreads its wings to bid for struggling Italian airline Lufthansa spreads its wings to bid for struggling Italian airline
- October 17, 2017

Both are keen to exploit the competition in European aviation, which has seen both Monarch and airberlin collapse in recent weeks. The budget airline said there was no certainty that any transaction would proceed. Lufthansa agreed last week to acquire parts of insolvent German airline Air Berlin in a EUR€210 million ($248 million) deal. The cut-off for submitting bids was 17:00 GMT on Monday. (more...)
Time Warner Inc. (NYSE:TWX) Valuation According To Analysts
- October 17, 2017

Patriot Financial Group Insurance Agency LLC now owns 1,153 shares of the media conglomerate's stock worth $116,000 after acquiring an additional 44 shares during the last quarter. Jefferies maintained the stock with "Buy" rating in Friday, June 16 report. The firm has "Outperform" rating by RBC Capital Markets given on Tuesday, October 13. (more...)
AAA pushes for AAA pushes for "Young Driver Protection Bill" during Teen Driver Safety Week
- October 17, 2017

That's six teens every day. Supervised nighttime driving protections for newly licensed teen drivers protect them from the most risky driving conditions while they are still inexperienced and adjusting to driving without adult supervision. (more...)
Wells Fargo & Company (WFC) PT Set at $50.00 by Piper Jaffray Companies Wells Fargo & Company (WFC) PT Set at $50.00 by Piper Jaffray Companies
- October 17, 2017

The Winslow Evans & Crocker Inc holds 6,550 shares with $577.85 million value, down from 9,776 last quarter. Kroger Co now has $18.95 billion valuation. Iat Reinsurance Company Ltd has invested 0.83% in Wells Fargo & Co (NYSE:WFC). Goldman Sachs Grp Inc reported 1.45 million shares. Macquarie Research maintained the stock with "Underperform" rating in Friday, September 25 report. (more...)
Bombardier Inc. to partner with Airbus on C Series program
- October 17, 2017

Enders said the acquisition extends the company's product offering into the fast-growing 100-150 seat market sector. Bombardier's aerospace division has been under pressure because of lackluster demand for its turboprops and regional jets, and more recently because of a trade dispute with USA planemaker Boeing Co over the CSeries. (more...)
IBM uses blockchain to improve cross-border payments processing IBM uses blockchain to improve cross-border payments processing
- October 17, 2017

With KlickEx Group and Stellar .org, IBM is providing a breakthrough for payments technology and has started using digital currency to move money across the South Pacific. However, for the new blockchain technology , banks will have to rely on bit-coin like digital currency, called Lumens, at least in the initial phase, to facilitate cross-border payments. (more...)
Here's how analysts see Restore PLC (LON:RST) after this past week Here's how analysts see Restore PLC (LON:RST) after this past week
- October 17, 2017

Prudential Financial Incorporated has 66,580 shares. Bank Of New York Mellon Corporation holds 0% of its portfolio in Draper Esprit PLC (LON:GROW) for 22,956 shares. The company has a consensus rating of "Hold" and a consensus price target of GBX 960.33 ($12.76). Berenberg maintained the stock with "Buy" rating in Tuesday, May 2 report. (more...)
Netflix adds 5.3 million subscribers during Q3, beating analyst estimates Netflix adds 5.3 million subscribers during Q3, beating analyst estimates
- October 17, 2017

Citigroup Inc. lifted their target price on Netflix from $180.00 to $205.00 and gave the company a neutral rating in a research report on Friday. MKM Partners restated a buy rating and set a $195.00 price objective on shares of Netflix in a research report on Monday, July 10th. (more...)
Dubai police have been testing out this hoverbike Dubai police have been testing out this hoverbike
- October 16, 2017

They pointed out it's one thing to pioneer hoverbikes , but another to deploy them in busy public spaces. The cycle features eight cameras to shoot video and take photos of any law-breaking vehicles, and has a top speed of 124 miles per hour. (more...)
Spectrum customers keep Viacom channels after extended renewal deadline
- October 16, 2017

Viacom Inc. and Charter Communications Inc., the telecommunications company that offers services under the brand of Spectrum , agreed on a short-term extension of their renewal deadline , according to published reports . Viacom says they are not asking for an increase in carriage fees from Spectrum - in fact, the media company says they have offered a discounted rate to the cable giant. (more...)
Nordstrom Puts Off Plans to Go Private Nordstrom Puts Off Plans to Go Private
- October 16, 2017

Shares of Nordstrom slipped in early trading. The company has a 50 day moving average of $45.15 and a 200 day moving average of $47.30. The company has market cap of $350.20 million. This dividend amount was represent a yield of $3.16. The company now has a P/E ratio of 20.20 and market capitalization is 7.09B. On average, equities analysts predict that Nordstrom will post $2.98 EPS for the current year. (more...)
General Electric Company (NYSE:GE) Shorts Decreased by 5.29% After Short Covering
- October 16, 2017

Cypress Capital Management Llc increased General Electric Co (GE) stake by 9.18% reported in 2017Q2 SEC filing. General Electric Co Com now has $198.96B valuation. Goldman Sachs Group Inc. had 79 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by KeyBanc Capital Markets given on Tuesday, September 5. (more...)
WPI inflation for textiles rises 0.6% in Sept 2017 WPI inflation for textiles rises 0.6% in Sept 2017
- October 16, 2017

Referring to the manufactured products, the data informed that index for this major group rose by 0.4 percent to 113.4 (provisional) from 112.9 (provisional) for the previous month. Wholesale price index (WPI) inflation was recorded at 1.36% in September a year ago. "A favourable base effect aided the moderation in inflation for fuel and power, despite the recent rise in prices of petrol, diesel, aviation turbine fuel and other fuels", said Aditi Nayar, principal economist at Icra Ltd. (more...)