Markets


Russians Helped Venezuela Launch the Petro Russians Helped Venezuela Launch the Petro
- March 21, 2018

The sanctions targeting the petro - the digital currency announced by Venezuelan President Nicolás Maduro in December - have been in the works for weeks, Kallanish Energy understands. In February, Venezuela became the first country to launch its own digital currency, which critics regarded as a cash levy to pay off Venezuela's foreign debt of $150bn. (more...)
Zacks Investment Research Upgrades QTS Realty Trust (QTS) to Zacks Investment Research Upgrades QTS Realty Trust (QTS) to "Hold"
- March 21, 2018

Resolution Capital Ltd who had been investing in Empire St Rlty Tr Inc for a number of months, seems to be bullish on the $5.17 billion market cap company. Jefferies Group reduced their price target on shares of QTS Realty Trust from $71.00 to $65.00 and set a buy rating on the stock in a research note on Monday, November 20th. (more...)
James Packer resigns from Crown board James Packer resigns from Crown board
- March 21, 2018

The largest shareholder in Crown is Packer's company Consortium Press Holdings and a spokesman from that organisation said that he would "step back from all commitments". He had rejoined the Crown board past year after the company withdrew from its Macau and U.S. investments and re-focused on Australia. In February, Packer was named a key figure in an investigation into corruption claims against Israeli prime minister Benjamin Netanyahu over a series of expensive gifts given to him by ... (more...)
Bidding war set to delay Binani Cement sale Bidding war set to delay Binani Cement sale
- March 21, 2018

Senior officials said that the creditors' vote in Dalmia's favour would not deter UltraTech from contesting the lenders' decision and continue the race to pouch Binani Cement. We will proceed as per the bidding process that we have so far followed. Who says the process is over? He also alleged that the NCLT had sought the presence of the resolution professional on Monday, which was not acceded to. (more...)
Exxon Mobil's (NYSE:XOM) Exxon Mobil's (NYSE:XOM) "Hold" Rating Reaffirmed at Piper Jaffray Companies
- March 21, 2018

Commonwealth Equity Services Inc increased its stake in Exxon Mobil Corp ( XOM ) by 2.31% based on its latest 2017Q3 regulatory filing with the SEC. Accredited Investors Inc bought 54,136 shares as the company's stock rose 0.21% with the market. (more...)
Steve Wynn May Seek to Sell His 12% Stake in Wynn Resorts Steve Wynn May Seek to Sell His 12% Stake in Wynn Resorts
- March 21, 2018

The company had a trading volume of 2,028,591 shares, compared to its average volume of 4,679,754. It has underperformed by 56.70% the S&P500. $147.20's average target is -20.97% below currents $186.27 stock price. The rating was maintained by Stifel Nicolaus with "Hold" on Thursday, November 3. The firm earned "Hold" rating on Wednesday, July 26 by Deutsche Bank. (more...)
Markets inch up with minor gains; investors' eye on Fed policy meet Markets inch up with minor gains; investors' eye on Fed policy meet
- March 21, 2018

Meanwhile, on a net basis, foreign institutional investors sold equities worth Rs 150.46 crore on Friday, while domestic institutional investors (DIIs) sold shares worth Rs 770.53 crore, as per the provisional data. The broader markets showed a mixed trend, with the mid-cap index moving up 0.21% and the small-cap index shedding 0.21%. Continuing its downtrend for the fifth straight session, stock markets fell amid weak global cues ahead of the US Federal Reserve's policy decision later in ... (more...)
Orbitz travel website may have been hacked Orbitz travel website may have been hacked
- March 21, 2018

The breach was discovered on March 1. On the Orbitz consumer platform data, the company said, the attacker may have accessed personal information that was submitted for certain purchases made between January 1 and June 22, 2016. Orbitz said it's notifying customers and business partners about the incident and is offering a year of free credit monitoring. The company also released a statement which reads, "As part of our investigation and remediation work, we brought in a leading third-party ... (more...)
Princeton University Buildings Evacuated After Armed Man Surrounded Inside Restaurant Princeton University Buildings Evacuated After Armed Man Surrounded Inside Restaurant
- March 20, 2018

Police responded quickly to the incident and have surrounded the location. Princeton police alerted residents in the area to stay away and traffic was closed between Washington and Witherspoon streets. Message goes out to Princeton University community saying the message about sheltering in place and shots being fired was a mistake. It wasn't immediately known if the gunman had any connection to the university. (more...)
United stops taking reservations for animals in cargo hold after recent incidents United stops taking reservations for animals in cargo hold after recent incidents
- March 20, 2018

The suspension does not affect the transport of small pets in-cabin, United emphasized. PetSafe is a service that United Airlines offers that lets owners end their pets on flights. animal being sent to continental Europe or Hong Kong. Two days later, another United flight traveling from Newark to St. Louis made an unplanned landing in OH after crew members realized a dog meant to do to Akron had been mistakenly been loaded onto the craft's cargo. (more...)
Pinch on finances eases as inflation falls Pinch on finances eases as inflation falls
- March 20, 2018

However, economists and the Bank of England believe inflation's upward march has run its course and will start to unwind over the coming months. The outcome was lower than the 2.8% predicted by economists and marked the first fall in inflation since December 2017. (more...)
Gas prices in Salt Lake City are increasing weekly Gas prices in Salt Lake City are increasing weekly
- March 20, 2018

The Detroit-area's average daily gas price was about $2.59 per gallon, about 3 cents less than last week's average. The most expensive gas price averages in Georgia were in Atlanta at $2.49 per gallon, Savannah at $2.46 and Hinesville-Fort Stewart at $2.45. (more...)
Anglo Pacific Group (LON:APF) Stock Rating Upgraded by Peel Hunt
- March 20, 2018

Riverpark Cap Limited Co accumulated 531,648 shares. 500 shares valued at $125,435 were bought by RUNGE WILLIAM HENRY III on Wednesday, February 14. Ares Llc owns 0.13% invested in Stellus Capital Investment Corporation (NYSE:SCM) for 282,056 shares. (more...)
'Exhausted' Toys R Us Suppliers Weigh Options As Huge Retailer Shuts 'Exhausted' Toys R Us Suppliers Weigh Options As Huge Retailer Shuts
- March 20, 2018

The company bought Whole Foods Market previous year and also has a line of bookstores . MGA Entertainment, the California company behind Bratz dolls and other toys, confirmed last week that its CEO Isaac Larian and affiliated investors was a bidder for the Toys "R" Us Canada operations. (more...)
Our gender pay gap report for 2017 Our gender pay gap report for 2017
- March 20, 2018

As with nearly all other law firms, White & Case argued that the gender pay gap is driven by the fact that fact that secretarial staff are "almost exclusively" female, while women are underrepresented in senior roles, an issue the firm says it has been "working to address for many years" with initiatives such as coaching, mentoring and unconscious bias training. (more...)
Stock Can't Reverse The Downward Trend: Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) Stock Can't Reverse The Downward Trend: Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE)
- March 20, 2018

Another trade for 5,832 shares valued at $1.92 million was sold by PANGIA ROBERT W. Syrah Resources Limited (OTCMKTS:SYAAF) has 0.00% since March 19, 2017 and is. The firm has "Outperform" rating given on Thursday, October 26 by Credit Suisse. Deutsche Bank maintained the shares of KO in report on Friday, September 25 with "Buy" rating. (more...)
Dublin ranks ahead of London and Paris for Quality of Life Dublin ranks ahead of London and Paris for Quality of Life
- March 20, 2018

But the Mercer survey, now in its 20 year, found some of the highest increases in living standards were in eastern European cities, notably Sarajevo, Bratislava and Belgrade. Companies sending expatriates overseas need to get the full picture of conditions on the ground in order to compensate their employees appropriately for any decrease in living standards". (more...)
Markets Right Now: Facebook leads tech companies lower Markets Right Now: Facebook leads tech companies lower
- March 20, 2018

The Dow Jones industrial average was down by more than 450 points, or 1.7 percent, with shares of blue-chip companies such as Goldman Sachs, 3M and Caterpillar all seeing declines. Bond prices rose. The yield on the 10-year Treasury fell to 2.83 percent. Facebook slumped 5.3 percent early Monday. The social media giant came under heavy fire from lawmakers in the United States and Britain over the weekend after news reports raised questions about whether it allowed third-party developers to ... (more...)
Gold moves lower as the dollar and rates go higher Gold moves lower as the dollar and rates go higher
- March 20, 2018

Gold is now selling off as both the U.S. dollar and bond yields go higher. Meanwhile, the S&P/ASX 200 index traded 0.22 percent lower at 5,912.5 by 02:30 GMT, while at 03:00GMT, the FxWirePro's Hourly AUD Strength Index remained highly bearish at -121.32 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). (more...)
Oracle shares slip after revenue misses Street view Oracle shares slip after revenue misses Street view
- March 20, 2018

Front Barnett Associates Llc who had been investing in Oracle Corporation for a number of months, seems to be less bullish one the $214.72 billion market cap company. Millennium Ltd Liability Corp reported 3.46 million shares. Sg Americas, a New York-based fund reported 15,657 shares. Shareholders of record on Tuesday, April 17th will be given a dividend of $0.19 per share. (more...)

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