Markets


Egypt Air 777 and Virgin A330 minor collision at JFK Egypt Air 777 and Virgin A330 minor collision at JFK
- November 28, 2017

The Federal Aviation Administration says the right wing of EgyptAir Flight 986, a Boeing 777 headed to Cairo, touched the left wing of London-bound Virgin Atlantic Flight 4C. Air control recordings, published by ABC NY, show how the accident unrolled from the Virgin Atlantic plane's point of view. "No injuries were reported". (more...)
Barracuda Networks, Inc. (CUDA) Rating Reiterated by KeyCorp Barracuda Networks, Inc. (CUDA) Rating Reiterated by KeyCorp
- November 28, 2017

Parametric Portfolio Associates LLC now owns 33,590 shares of the communications equipment provider's stock worth $776,000 after purchasing an additional 655 shares during the last quarter. The stock has "Hold" rating by Piper Jaffray on Monday, November 27. The company had revenue of $94.30 million during the quarter, compared to the consensus estimate of $93.32 million. (more...)
Scotiabank leads Canadian banks lower after earnings miss Scotiabank leads Canadian banks lower after earnings miss
- November 28, 2017

Earnings, adjusted for amortization costs, came to $1.32 per share. BBVA said that the transaction would generate a net capital gain of 640 million euros ($763 million) and have a positive impact on the group's common equity tier 1 (fully loaded), a key measure of capital strength of banks, of about 50 basis points. (more...)
Ferry that ran aground in Lower Manhattan hit pylon under water Ferry that ran aground in Lower Manhattan hit pylon under water
- November 28, 2017

The collision left two holes in the hull of the boat, causing water to leak onto the vessel, cops said. Passengers were reportedly stranded aboard for 45 minutes before they were asked to put on life jackets and hop on another boat. Neither City Hall - which is pumping $325million into the NYC Ferry program - Hornblower nor Metal Shark responded to questions. The three catamaran-style ferries were expected to arrive at the North River Shipyard in Nyack by Tuesday morning for inspection ... (more...)
Shell petrol stations to charge up electric cars in just five minutes Shell petrol stations to charge up electric cars in just five minutes
- November 28, 2017

Just weeks after the company started the rollout of EV chargepoints at 10 United Kingdom forecourts, Shell today confirmed it was working with the IONITY joint venture, which brings together BMW, Daimler, Ford and Volkswagen and is aiming to install 80 high speed charging sites on European highways by the end of 2019. (more...)
OECD almost doubles Turkey's growth estimate for 2017 OECD almost doubles Turkey's growth estimate for 2017
- November 28, 2017

The OECD forecast 6.8 percent growth in China this year, 6.6 percent in 2018, and 6.4 percent in 2019, partly reflecting the ongoing rebalancing in China's growth model. USA tax cuts would give economic growth a temporary boost next year by stimulating business investment and consumer spending, before slowing employment gains drag down the pace of expansion in 2019, the Organization for Economic Cooperation and Development said. (more...)
Hot Tickers: Twenty-First Century Fox, Inc. (FOXA), AMC Entertainment Holdings, Inc. (AMC)
- November 28, 2017

The institutional investor owned 414,749 shares of the company's stock after selling 28,098 shares during the period. For the next 5 years, Twenty-First Century Fox , Inc.is expecting Growth of 7.35% per annum, whereas in the past 5 years the growth was 5.11% per annum. (more...)
A Look at the Technicals For Summit Midstream Partners, LP (NYSE:SMLP) A Look at the Technicals For Summit Midstream Partners, LP (NYSE:SMLP)
- November 28, 2017

It has underperformed by 13.15% the S&P500. Ion Asset Management Ltd acquired 164,303 shares as Orbotech Ltd (ORBK)'s stock rose 18.15%. The Harvest Fund Advisors Llc holds 2.42 million shares with $180.49 million value, down from 2.49M last quarter. (more...)
BBB Provides Safety Tips For Giving Tuesday BBB Provides Safety Tips For Giving Tuesday
- November 28, 2017

In 2016, millions of people in 98 countries participated in a Giving Tuesday event, raising more than $177 million to support a range of organizations. It is celebrated on each year on the first Tuesday after Thanksgiving. After all the shopping over the weekend, Giving Tuesday is kicking off the charitable season. (more...)
Online Black Friday sales top $1.52 billion, less frenzy at USA stores Online Black Friday sales top $1.52 billion, less frenzy at USA stores
- November 28, 2017

Macy's has overhauled its rewards program, aiming to keep consumers loyal regardless of whether they are online or off, and for the first time began booking advanced reservations for visits with Santa Claus, a response to time-strapped parents. (more...)
Both Tumblr's founder and head of communications have left the company Both Tumblr's founder and head of communications have left the company
- November 28, 2017

Founded in 2007, Tumblr grew rapidly to become a hub for young people to post pictures and text. It's unclear what the future might hold for David Karp in the years to come but it's probably safe to say that Tumblr itself will continue to be a fairly popular platform among writers, artists and other creators for quite some time. (more...)
Clean bill of health for United Kingdom banks Clean bill of health for United Kingdom banks
- November 28, 2017

Under the test scenario the bank will be testing a fall of 4.7% in UK GDP, along with a 4.7% rise in unemployment to 9%. Five of the seven banks passed the health check, while two - Barclays and Royal Bank of Scotland Group - fell below their systemic reference point, a higher threshold that reflects their global significance. (more...)
Protect your wallet this Cyber Monday with these shopping tips Protect your wallet this Cyber Monday with these shopping tips
- November 28, 2017

Online shopping experts say the deals could last a week. If you leave an item in your cart but don't purchase it, you may get a coupon or a discount code in a few hours. "It it's too good to be true, do not click", the BBB says. If the only way to contact it is via email, that's a red flag. If an Amazon seller gives you a date a week or two out, that usually means they don't have them in stock.a bad idea during the holiday season. (more...)
Trai to issue net neutrality recommendations on Tuesday Trai to issue net neutrality recommendations on Tuesday
- November 28, 2017

TRAI also adviced service providers regarding entering into agreements with certain agencies to keep a check on discrimination . The regulator will come up with recommendations which will be abiding to all mobile internet service providers. (more...)
The Amazon.com, Inc. (AMZN) Given Outperform Rating at Robert W. Baird The Amazon.com, Inc. (AMZN) Given Outperform Rating at Robert W. Baird
- November 28, 2017

Prudential Plc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $580.13B market cap company. The stock has been active on the tape, now trading at $1186.00, up from yesterday's close by 2.58%. Therefore 94% are positive. The stock has "Outperform" rating by Cowen & Co on Friday, August 28. Citigroup maintained the stock with "Buy" rating in Friday, April 1 report. (more...)
YouTube goes after child-exploiting channels and videos YouTube goes after child-exploiting channels and videos
- November 28, 2017

Cadbury chocolates maker Mondelez, Lidl, Mars and other consumer goods marketers have pulled advertising from YouTube after The Times newspaper found the video sharing-site was showing clips of scantily clad children alongside the ads of major brands. (more...)
Outlining the overall picture in today's market for: Wells Fargo & Company Outlining the overall picture in today's market for: Wells Fargo & Company
- November 28, 2017

The company has market cap of $315.57 million. The stock declined 0.37% or $0.02 reaching $5.42 per share. About 13,883 shares traded. Sirius XM Holdings Inc. Therefore 74% are positive. Aspiriant Llc increased Wells Fargo Co New ( WFC ) stake by 13.82% reported in 2017Q2 SEC filing. The firm earned "Buy" rating on Monday, September 11 by Cowen & Co. (more...)
(NASDAQ:CSCO) Lowered to (NASDAQ:CSCO) Lowered to "Hold" at Vetr Inc
- November 28, 2017

Schwartz Investment Counsel Inc sold 54,500 shares as Cisco Sys Inc ( CSCO)'s stock declined 7.50%. The Checchi Capital Advisers Llc holds 70,900 shares with $68.63 million value, up from 13,500 last quarter. ZWJ Investment Counsel Inc. raised its holdings in Cisco Systems, Inc . (NASDAQ:AMZN). Fulton Comml Bank Na reported 3,082 shares stake. Technical traders may be staring at recent indicator levels on shares of Cisco Systems, Inc . (more...)
Terrorist attack foiled in Australia Terrorist attack foiled in Australia
- November 28, 2017

Victoria Police will hold a press conference on the arrests at 9am. He is now being held in relation to the offences of Acts in Preparation to Commit a Terrorist Attack and Collecting Documents to Facilitate a Terrorist Act. However Deputy Commissioner Patton said the potential of the attack could have been catastrophic. Police also raided a business in nearby Footscray. (more...)
NBN Co introduces HFC rollout initiatives NBN Co introduces HFC rollout initiatives
- November 28, 2017

NBN Co chief executive Bill Morrow yesterday put an immediate stop to new services being sold over the HFC footprint, conceding that the suspension was necessary to ensure homes could receive a reliable, quality service over the cable. . "If they were using terrific technology their promise to complete the NBN by 2016 would have actually happened, and it hasn't". "We expect it to deliver a great to service to millions of Australians, both now and in to the future". (more...)