Markets


Exxon disappoints as profit and production fall short Exxon disappoints as profit and production fall short
- February 03, 2018

About 140,095 shares traded. Exxon Mobil (NYSE: XOM ) opened at $89.07 on Wednesday. It has underperformed by 25.78% the S&P500. Insiders have sold 51,357 shares of company stock worth $4,273,910 in the last ninety days. The stock has "Sell" rating by Tudor Pickering on Tuesday, January 26. The firm earned "Buy" rating on Thursday, February 1 by Cowen & Co. The rating was downgraded by Zacks to "Buy" on Wednesday, August 12. (more...)
Worth Watching Stock AbbVie Inc. (ABBV)
- February 03, 2018

About 294,762 shares traded. It has underperformed by 27.65% the S&P500. William B. Gray increased its stake in Abbvie Inc ( ABBV ) by 12.76% based on its latest 2017Q3 regulatory filing with the SEC. Investors sentiment decreased to 0.85 in Q3 2017. PFE has a beta of 0.92 and ABBV's beta is 1.56. 132 funds opened positions while 462 raised stakes. (more...)
Valero Energy Corp (NYSE:VLO) Q3 2017 Sentiment
- February 03, 2018

In related news, CFO Michael S. Ciskowski sold 251,530 shares of Valero Energy stock in a transaction that occurred on Wednesday, January 3rd. About 1.12M shares traded. Connor Clark And Lunn Mngmt invested in 0.87% or 942,264 shares. Cowen reiterated a "buy" rating and set a $100.00 price target on shares of Valero Energy in a research report on Thursday. (more...)
Fed stands pat on interest rates at Yellen's final meeting Fed stands pat on interest rates at Yellen's final meeting
- February 03, 2018

Mr. Powell, chosen by President Trump as her successor, has emphasized that he supports the Fed's current monetary policy of slowly unwinding its post-crisis economic stimulus campaign. The Fed acknowledged that inflation expectations have recently increased, and said it expected price changes over "to move up this year and to stabilise around the Committee's 2 per cent objective over the medium term". (more...)
Somebody stole Red Panda's unicycle, and we need to find out who Somebody stole Red Panda's unicycle, and we need to find out who
- February 03, 2018

The unicycle Rong Niu, 24, uses in her acts where she juggles and balances bowls on her head, disappeared on January 24. See her 2012 performance at the school at the top of this post. ESPN's Seth Greenberg took note of Red Panda's struggles during Wednesday night's North Carolina-Clemson game. It is possible someone grabbed her baggage by mistake, but another unicycle was stolen the same day , according to KTVU . (more...)
Analysts Estimates And Ratings General Motors Company (GM) Analysts Estimates And Ratings General Motors Company (GM)
- February 02, 2018

It has underperformed by 8.78% the S&P500. Capital Wealth Planning Llc increased its stake in Lord Abbett Short Duration Income F (LOW) by 31.03% based on its latest 2017Q3 regulatory filing with the SEC. 96 funds opened positions while 242 raised stakes. Bartlett & Ltd Limited Liability Company invested in 51 shares or 0% of the stock. In other news, insider Mark L. (more...)
BT share price surges as telco unveils ultrafast broadband plans BT share price surges as telco unveils ultrafast broadband plans
- February 02, 2018

Selley insisted that Openreach will build "fibre first" wherever it can in future, including in rural areas. BT network subsidiary Openreach has announced the launch of its 'fibre first programme' to upgrade United Kingdom infrastructure. (more...)
U.S. stock-index futures extended losses after jobs report U.S. stock-index futures extended losses after jobs report
- February 02, 2018

The market was coming off a two-day losing streak and its biggest drop since August. The S&P 500 was down 53 points, or 2 percent, at 2,768 and the Nasdaq Composite was down 119 points, or 1.6 percent, at 7,266. Google-parent Alphabet fell 4.5 percent after the company's quarterly profit missed analysts' estimates. The stock was down more than any other company in the S&P 500, shedding $2.68 to $25.64. (more...)
Google's parent company Alphabet reports $3 billion loss on tax provision
- February 02, 2018

As well the company also saw a surge in sales for the final quarter of 2017 (the Black Monday digital sales day) to a record $US60.45 billion - that's a rise of almost 40%. Out of 30 Wall Street analysts rating Google Inc ., 26 give it "Buy", 0 "Sell" rating, while 4 recommend "Hold". Alphabet (NASDAQ: GOOGL ) last announced its earnings results on Thursday, February 1st. (more...)
200K jobs added in January, pay increases highest in 8 years 200K jobs added in January, pay increases highest in 8 years
- February 02, 2018

Meanwhile, the unemployment rate remained at 4.1 per cent for the fourth month in a row. However, the unemployment rate for African-Americans, which Trump hailed this week in his State of the Union address , rose nine tenths of a percentage point to 7.7 percent, just below the 7.8 per cent in January previous year. (more...)
Swoop: WestJet unveils low-priced flights to and from Hamilton Swoop: WestJet unveils low-priced flights to and from Hamilton
- February 02, 2018

B.C. To celebrate, it offered the first 2,000 seats with $0 fares plus taxes and fees. "To confirm, this is not a typo - a limited number of introductory fares will be available where the customer will only pay the associated taxes and fees", reads a statement from the airline. (more...)
Premier says Alberta suspending electricity purchase talks with BC Premier says Alberta suspending electricity purchase talks with BC
- February 02, 2018

They can put an end to this conflict. "I look forward to the new panel providing complete, robust and accurate information on this matter to the Minister that reinforces what which we already know - that there is no way now to adequately respond to a spill of diluted bitumen". (more...)
Rob Gronkowski Cleared To Play In Super Bowl 52 Rob Gronkowski Cleared To Play In Super Bowl 52
- February 02, 2018

So when he signed a free agent deal with the Patriots in 2016, following the end of his tenure with the Rams organization, it was his chance to finally get his first taste of the postseason. He's started six games for the Patriots, and he's been a successful pass-rushing interior lineman. "It was excellent for the boys", said Gronkowski , who attended the game in Houston. (more...)
May, Li agree to strengthen economic ties May, Li agree to strengthen economic ties
- February 02, 2018

Dr Fox, speaking in Beijing as part of the PM's trade mission to China, said there was the prospect of a "double plus" for Britain from improving export performance and eventually doing new trade deals, but rejected leaked Brexit impact assessments that calculated only a fractional economic benefit from such deals. (more...)
Railway's Capex for the year 2018-19 Pegged at Rs.1,48528 Crore Railway's Capex for the year 2018-19 Pegged at Rs.1,48528 Crore
- February 02, 2018

An additional amount of Rs 10,000 crore will be pumped into the Indian Railways this year - as compared to the previous year's allocation - taking the total railway capex for FY 2018-19 to Rs 1,48,500 crore. The excess of revenue over expenditure in 2018-19 is '12,990 crore. However as expected, no major new trains nor any change in the passenger fare structure were announced in the Budget . (more...)
US Shale Growth Could Support Caribbean Oil Storage Terminals US Shale Growth Could Support Caribbean Oil Storage Terminals
- February 02, 2018

The Organization of the Petroleum Exporting Countries (OPEC) pumped 32.4 million barrels per day (bpd) in January, the survey found, up 100,000 bpd from December. Some analysts and industry observers have expressed concern that strong prices could lead USA companies rapidly to ramp up production and again flood the market in a move that could trigger another price fall. (more...)
M&S plans closure of 14 more United Kingdom stores M&S plans closure of 14 more United Kingdom stores
- February 02, 2018

The store in Birkenhead, located in the Pyramids Shopping Centre, is one of six stores nationally that will close in three months' time. It follows a disappointing Christmas period for M&S, when sales of both food and clothing fell. AFTER revealing a proposed closure, M&S in Fareham will need to find another company to sublet the store as the firm's lease lasts for another 82 years. (more...)
Noble Energy (NYSE:NBL) PT Set at $40.00 by Credit Suisse Group
- February 01, 2018

It also increased its holding in Comcast Corp (NASDAQ:CMCSA) by 42,776 shares in the quarter, for a total of 530,266 shares, and has risen its stake in Imperial Oil Ltd (NYSEMKT:IMO). The shares were sold at an average price of $28.57, for a total value of $536,744.59. National Investment Services Inc bought 41,987 shares as the company's stock declined 15.68% while stock markets rallied. (more...)
General Motors (GM) Shares Sold by SOL Capital Management CO General Motors (GM) Shares Sold by SOL Capital Management CO
- February 01, 2018

It has underperformed by 33.33% the S&P500. Hamlin Capital Management Llc increased General Mtrs Co (GM) stake by 0.75% reported in 2017Q3 SEC filing. The insider Hinrichs Joseph R sold $453,600. Bell State Bank invested in 298,537 shares or 1.04% of the stock. $285,000 worth of Ford Motor Company (NYSE:F) was sold by FARLEY JR JAMES D on Monday, September 11. (more...)
Paypal (NASDAQ:PYPL) Rating Reiterated by Mizuho Paypal (NASDAQ:PYPL) Rating Reiterated by Mizuho
- February 01, 2018

Linscomb & Williams Inc. increased its holdings in Paypal by 0.7% in the 2nd quarter. Shares of Paypal ( NASDAQ PYPL ) traded down $5.32 during midday trading on Thursday, reaching $80.00. PayPal Holdings, Inc . (NASDAQ: PYPL ) has accumulated 6.16% over the course of one week. The 20-day Stochastic %k measure, which sits at 89.30%, tells a similar story, and suggests that PYPL now trades in overbought territory. (more...)

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