Markets


Markets Right Now: Dow has first close above 26000 points Markets Right Now: Dow has first close above 26000 points
- January 19, 2018

Fashion house Hugo Boss was among the biggest gainers in Europe, up 3.7 percent, after it reported a rebound in growth at its own stores, a jump in online sales and a recovery in the US. Fourth quarterly reports have fuelled a bull market as indexed companies experience strong earnings that are supported by U.S. tax reform and sustained global economic growth. (more...)
Growth Analysis of The Bank of New York Mellon Corporation (BK) Growth Analysis of The Bank of New York Mellon Corporation (BK)
- January 19, 2018

Advisory Services Network LLC now owns 2,712 shares of the bank's stock valued at $138,000 after acquiring an additional 363 shares in the last quarter. The shares were sold at an average price of $51.26, for a total transaction of $1,139,407.28. Cipher Lp accumulated 0.19% or 47,709 shares. Cetera Lc reported 6,039 shares. (more...)
Newsroom Unionizes As LA Times Publisher Faces Investigation Over Sex Harassment Allegations Newsroom Unionizes As LA Times Publisher Faces Investigation Over Sex Harassment Allegations
- January 19, 2018

Tronc, the owner of the paper, declined to comment as to whether it would place Levinsohn on leave or suspend him while the investigation was taking place. "We are also aware of additional, credible reports that Levinsohn engaged in other acts of sexual misconduct in the workplace, and used a vulgar, homophobic epithet", the statement reads. (more...)
Technical Spotlight: Tracking Shares of iShares MSCI Singapore Technical Spotlight: Tracking Shares of iShares MSCI Singapore
- January 19, 2018

Moving averages can be very helpful for spotting peaks and troughs. Jan 18 is a negative day so far for iShares MSCI EAFE (NYSEARCA:EFA) as the ETF is active during the day after losing 0.19% to hit $73.67 per share. The employed capital is calculated by subrating current liabilities from total assets. Despite the name, CCI can be used on other investment tools such as stocks. (more...)
General Motors Company (GM), Gerdau SA (GGB) General Motors Company (GM), Gerdau SA (GGB)
- January 19, 2018

General Motors Company (NYSE:GM) traded down 0.45% during midday trading on Friday, reaching $37.34. Geode Cap Limited invested in 0.76% or 85.75M shares. Also, President Daniel Ammann sold 10,000 shares of General Motors Company stock in a transaction that occurred on Friday, December 9th. They expect $1.29 EPS, up 0.78% or $0.01 from last year's $1.28 per share. (more...)
The plane that just set a new transatlantic record The plane that just set a new transatlantic record
- January 19, 2018

Norwegian, Europe's third largest low-priced carrier, said that this week's... There were 284 passengers on board, who, after leaving NY at 11.44 a.m. The 284 passengers on board arrived 53 minutes earlier than scheduled. Flight 7014 "benefitted from strong tailwinds over the Atlantic Ocean that reached a maximum of 176 knots (202mph)". (more...)
Amazon's short list of potential second headquarters — Business Report Amazon's short list of potential second headquarters — Business Report
- January 19, 2018

The online retailer announced its top 20 candidates in a news release Thursday morning. But the Twin Cities, Milwaukee, Detroit, and Grand Rapids, Mich., didn't make the cut. In October, the Upstate SC Alliance - which represents business interests of 10 counties in the region - submitted its "Center of Charlanta" bid to the retail giant, one of 238 initial proposals to land the massive project. (more...)
Analysts See $0.36 EPS for Martin Midstream Partners LP (MMLP)
- January 19, 2018

Finally, Conning Inc. boosted its position in Magellan Midstream Partners by 6.1% during the third quarter. Needle moving action has been spotted in Shell Midstream Partners LP (SHLX) as shares are moving today on volatility -1.14% or -0.35 from the open. (more...)
Emirates A380 orders allow Airbus to maintain minimum production - COO Emirates A380 orders allow Airbus to maintain minimum production - COO
- January 19, 2018

In yet another farewell flourish for John Leahy , Emirates Airline has signed a Memorandum of Understanding (MoU) to acquire up to 36 additional A380 aircraft . Dubai-based Emirates already has 101 A380s in its fleet and 41 more on order, making it the largest operator of the jumbo jet. Dubai's main airport, where Emirates is based, is among the busiest in the world with more than 80 million travellers passing through in 2016. (more...)
Have regulatory fears finally burst the bitcoin bubble? Have regulatory fears finally burst the bitcoin bubble?
- January 19, 2018

This pushed Bitcoin cryptocurrency below $10,000, half what it was worth at its peak, though it has recovered slightly. Fears regulators could clamp down on the volatile cryptocurrency have created a raft of large sell-offs. Another altcoin that has shown some rebound is Siacoin, now ranked number and has risen 2.51% over the past 24 hours. Bitcoin had already slumped by 25 percent on January 16 in a remarkable week of plummeting cryptocurrency values. (more...)
Peel Hunt Reiterates Peel Hunt Reiterates "Buy" Rating for Wilmington (WIL)
- January 19, 2018

The rating was maintained by Deutsche Bank with "Hold" on Wednesday, August 12. Vetr has "Hold" rating and $56.66 target. As per Thursday, November 9, the company rating was downgraded by Oppenheimer. Deutsche Bank maintained Diageo plc (LON:DGE) rating on Thursday, January 18. The stock has a market capitalization of $360.87 and a price-to-earnings ratio of 4,557.14. (more...)
Spending on housing costs doubles in 60 years Spending on housing costs doubles in 60 years
- January 19, 2018

The fall in sales was led by a 1.3% month-to-month decline in non-food sales, a 1.1% drop in food stores sales and a 4.8% decline in quantities not bought in-store. Similarly, sales excluding auto fuel decreased 1.6 percent, in contrast to November's 1.1 percent increase. When mortgage capital repayments, home improvements and council tax are counted in, weekly housing spending rises by £100 to £173, the ONS said. (more...)
Spurs superstar's rehab shut down as quad problem lingers Spurs superstar's rehab shut down as quad problem lingers
- January 19, 2018

In what was a competitive game for the first two quarters, a third quarter where the Nets were out-scored 25-18 ultimately put Brooklyn in too deep a hole as they lost to the San Antonio Spurs 100-95 Wednesday night. "It wasn't going in the right direction, it was going the other way and you've got to be confident in your body to go out there and play at the level that he's expected to play". (more...)
Tom Hardy's unreleased mixtape as a rapper has been discovered Tom Hardy's unreleased mixtape as a rapper has been discovered
- January 19, 2018

The album is available in its entirety for Hardy's fans to enjoy at BandCamp .com, with a note that it was "made in a bedroom 1999" and that the tracks "were never really finished". Hardy added: "I used to be with the guy who managed Leela James and Lauryn Hill, Pras, the Fugees and all that". As he told the BBC in 2011, he had a recording deal when he was a teenager where he was billed as "Tommy No. (more...)
Amazon to raise cost of monthly Prime membership by $2 in February Amazon to raise cost of monthly Prime membership by $2 in February
- January 19, 2018

The annual Prime membership stays at $99. Customers using the monthly option will start paying the higher price on their first payment after February 18. Amazon is likely doing this as a way to push more customers to opt in for an annual deal, which saves customers money and also gives Amazon more guaranteed revenue to count on. (more...)
Uber Completes Sale of $9.3 Billion in Stock Led by SoftBank Uber Completes Sale of $9.3 Billion in Stock Led by SoftBank
- January 19, 2018

According to the Wall Street Journal's reporting from late December 2017, this tender offer deal valued the company at roughly $48 billion. Travis Kalanick , who was ousted as CEO a year ago after a controversial run, will get $1.4 billion from the deal, making him officially a billionaire. (more...)
Recent Alert - Brandywine Realty Trust (BDN) Recent Alert - Brandywine Realty Trust (BDN)
- January 19, 2018

Analysts anticipate that Education Realty Trust will post $0.54 EPS for the current year. The stock decreased 0.35% or $0.06 during the last trading session, reaching $17.14. The firm has "Market Perform" rating given on Tuesday, December 15 by Wells Fargo. Kite Realty Group Trust is a publicly owned real estate investment trust. (more...)
Journey and Def Leppard to play here in May Journey and Def Leppard to play here in May
- January 19, 2018

The tour kicks of May 21 in Hartford, Connecticut. As they cross the country, Journey and Def Leppard will alternate closing the shows. They'll play at Colonial Life Arena on August 15. "So many hits. It will be great to see you all, friends!" "12 years ago we embarked on a USA tour with Journey and it was an absolute blast". Def Leppard's Joe Elliott said: "This tour is going to be a blast. (more...)
HSBC share price: Bank settles forex investigation with US HSBC share price: Bank settles forex investigation with US
- January 19, 2018

Banking giant HSBC will pay $101.5m to U.S. authorities to settle a criminal investigation into currency rigging. HSBC, which is Europe's biggest bank, saw one of its former bankers convicted past year in connection with the probe. The payment comprises of $38.4m in restitution and a $63.1m fine, with the latter reflecting a 15pc reduction "in recognition of HSBC's cooperation during the investigation and its extensive remediation", reports The Telegraph . (more...)
Caterpillar Inc. (CAT), GoPro, Inc. (GPRO) — Recommendation Trends Analysis
- January 19, 2018

The company's 3-months average volume stands at 11.79 million. ( CAT ) most recent 13F filing, the company has 137 new institutional holders - accounting for 3.17 million shares of its common stock. Oppenheimer & stated it has 286,957 shares. Since August 4, 2017, it had 0 insider purchases, and 3 selling transactions for $2.32 million activity. (more...)