Markets


Facebook Loses $200m Satellite In SpaceX Explosion
- September 08, 2016

The rocket was due to carry supplies to the International Space Station (ISS) and failed about two minutes after liftoff. The rocket's upper stage exploded at 9:07 a.m. Damage hasn't been determined yet because no one has been to the pad to evaluate it. According to the Verge , the emergency management team of the 45th Space Wing of the Air Force is responding to the explosion. (more...)
Most Recent analysts Ratings: HD Supply Holdings, Inc. (NASDAQ:HDS) Most Recent analysts Ratings: HD Supply Holdings, Inc. (NASDAQ:HDS)
- September 08, 2016

For the current quarter, HD Supply expects EPS in the range of $0.77-0.82 against expectations of $0.91. The mean price target is calculated keeping in view the consensus of 14 brokerage firms. They now own 183.08 million shares or 1.43% less from 185.74 million shares in 2016Q1. In contrast, the average volume was 1741150 shares. The Company operates in three segments: Facilities Maintenance, Waterworks, and Construction & Industrial-White Cap. (more...)
Goldman Sachs restricts employee political contributions Goldman Sachs restricts employee political contributions
- September 08, 2016

The policy, which was spelled out in a memo obtained by The Associated Press on Wednesday, is meant to remove any implication of a "pay for play" scandal. The new policy was first reported by Politico . Goldman then said the policy change was "meant to prevent inadvertently violating pay-to-play rules, particularly the look-back provision, when partners transition into roles covered by these rules". (more...)
Loonie climbs as markets end on a positive note Loonie climbs as markets end on a positive note
- September 08, 2016

On Wall Street, the Dow Jones industrial average climbed 46.16 points at 18,538.12, while the broader S&P 500 jumped 6.5 points to 2,186.48. The S&P 500 was down 2.78 points, or 0.13 per cent, at 2,183.7. Laura Lau, a senior portfolio manager with the Brompton Group, says these data points are enough to scare the Fed away from rising rates at its meeting later this month. (more...)
All eyes on Toronto real estate sales figures All eyes on Toronto real estate sales figures
- September 08, 2016

Some industry experts have said the tax could steer foreign buyers towards Toronto instead. - Jason Mercer, TREB's Director of Market Analysis. The average detached home sold for $905,610 last month in the suburbs, a 23.3 per cent increase from a year ago. (more...)
Bank of Canada raises concerns about economy, holds interest rate at 0.5% Bank of Canada raises concerns about economy, holds interest rate at 0.5%
- September 08, 2016

Royal Bank of Canada makes up approx 0.03% of First Trust Advisors Lp's portfolio.Zurcher Kantonalbank (zurich Cantonalbank) reduced its stake in RY by selling 43,460 shares or 6.24% in the most recent quarter. "The Bank of Canada needs to wait for the economy to go through this rotation towards non-energy exports and until it does that, it won't have a pillar to support the entire economy". (more...)
Putin hopes Russia's new oceanarium to become center of int'l cooperation
- September 08, 2016

Japan hopes that increasing economic cooperation with Russia can lead to a resolution of a long-standing territorial dispute over a group of Russian-administered, Japanese-claimed islets off Japan's northern island of Hokkaido, which have prevented the two countries from signing a post-World War II peace treaty. (more...)
Libertarian Gary Johnson Campaigns in Des Moines
- September 08, 2016

Further, I encourage The Courant to promptly offer its endorsement. In order to make the stage for the presidential debates, candidates must be at 15% support in an average of six selected polls prior to the event. The story is similar for conservative independent Evan McMullin, who hopes to pull votes from Republicans fiercely opposed to Donald Trump . "Clinton gets elected, Trump gets elected, does anybody believe that the polarity is going to get any better? No!" Candidates need 270 ... (more...)
Intel to spin out security unit, sell stake in business to TPG Intel to spin out security unit, sell stake in business to TPG
- September 08, 2016

The group is no longer affiliated with founder John McAfee , who was a fugitive from authorities in Central America and more recently made a run for the U.S. "We believe that McAfee will thrive as an independent company". TPG will take a 51% stake in the business, while Intel will retain 49%, according to one of the people. (more...)
Delta: 5-hour computer outage cost us $150 million Delta: 5-hour computer outage cost us $150 million
- September 08, 2016

The overestimation of demand and broader global factors have hurt unit revenue, which measures revenue as it relates to passengers flown and seating capacity. The firm lowered its rating on DAL from Buy to Hold. Underperform rating was given by 0 analyst and Outperform rating was given by 13 analyst. The stock has a consensus analyst price target of $16.24for twelve month. (more...)
Pope Francis proclaims Mother Teresa a saint Pope Francis proclaims Mother Teresa a saint
- September 08, 2016

A mass has taken place in west Belfast to celebrate Mother Teresa's elevation to sainthood. Mother Teresa, known as the "saint of the gutters", has been declared a saint of the Roman Catholic Church by Pope Francis at a canonisation ceremony held in Vatican City on Sunday. (more...)
Tim Cook: Apple could move billions back to U.S. next year
- September 08, 2016

Louise Gracia, of Warwick Business School, a Professorial Teaching Fellow in the Accounting Group and researches tax regulation, says: "The average person probably has a right to challenge the reasonableness of Ireland facilitating Apple to pay so little tax on its European profits". (more...)
Gca Investment Management buys $19715522 stake in Johnson Controls Inc (JCI) Gca Investment Management buys $19715522 stake in Johnson Controls Inc (JCI)
- September 08, 2016

Johnson Controls Inc (NYSE:JCI) have shown a high EPS growth of 2.50% in the last 5 years and has earnings growth of -22.20% yoy. (NYSE:JCI) was $50.65 while lowest point recorded in 52-week was $31.73. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. Taking notice on volatility measures, price volatility of stock was 8.72% for a week and 7.76% for a month. (more...)
Wall Street rises on lower rate-hike odds, merger activity Wall Street rises on lower rate-hike odds, merger activity
- September 08, 2016

Meanwhile, the Nasdaq Composite Index switched between small gains and losses, recently trading 0.1% higher at 5,254. The report follows Friday's weaker-than-expected employment data, which raised doubts about the health of the economy and its ability to absorb an interest rate hike in the near term. (more...)
Coast Guard searches for woman who fell from cruise ship near Bahamas Coast Guard searches for woman who fell from cruise ship near Bahamas
- September 08, 2016

Coast Guard officials identified the woman as 32-year-old Rina Patel from Interlaken, New York. The ship was approximately 15 miles off the coast of Grand Bahama island. Multiple Coast Guard crews, including two helicopter and airplane crews, are assisting in the search for the missing passenger. Carnival Ecstasy is now on a five night cruise to the Bahamas from Charleston, South Carolina. (more...)
The Coca-Cola Company (NYSE:KO) Insider Activities Are in the Air The Coca-Cola Company (NYSE:KO) Insider Activities Are in the Air
- September 08, 2016

The shares closed up +0.12 points or 1.96% at $6.25 with 21.70 million shares getting traded. Coca-Cola Refreshments is a wholly-owned subsidiary of The Coca-Cola Co., which is based in Atlanta. Analyst recommendation for this stock stands at 2.30. Some analyst provided their insight on Growth Estimates; Coca-Cola Company (The) has the Current Quarter Earnings Growth rate of -5.9%. (more...)
Micro Focus set to buy former Autonomy assets from Hewlett Packard
- September 08, 2016

Hewlett Packard Enterprise presently has a consensus rating of "Hold" and an average price target of $20.12. And from three months ago, the percentage change of the mean estimate is 2.567%. The stock has relative volume of 0.63. The institutional ownership stake in the corporation is 85.00% while the Beta value stands at 1.17. One of Britain's biggest independent technology companies is to unveil a multi-billion pound deal to buy a chunk of Hewlett Packard's software business in a move that ... (more...)
Cognizant Technology Solutions Corporation (CTSH) Shares are Up 0.85% Cognizant Technology Solutions Corporation (CTSH) Shares are Up 0.85%
- September 07, 2016

The insider owns 954,676 shares which have current market value of around $55714891.MEHTA RAJEEV is another major inside shareholder in the company. Some buy side analysts are also providing their Analysis on Cognizant Technology Solutions Corporation, where 11 analysts have rated the stock as Strong buy, 16 analysts have given a Buy signal, 4 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (more...)
Global shares rise as United States jobs report stokes low rate hopes Global shares rise as United States jobs report stokes low rate hopes
- September 07, 2016

Official data released on 2 September revealed that the world's largest economy created 151,000 jobs in August, lower than the 180,000 anticipated by economists. Asian stock markets are trading higher on Tuesday as speculation lingered that the American jobs market isn't quite strong enough to warrant a United States interest-rate increase this month. (more...)
Russia, Saudi agree cooperation on oil price but not freeze
- September 07, 2016

Speaking to reporters after the meeting, al-Falih, the Saudi minister, said in comments carried by the Interfax news agency that the freeze "is not the only solution" but refused to elaborate. But there were few firm details in the announcement, which comes just weeks before Moscow and the Organisation of the Petroleum Exporting Countries (OPEC) meet in Algeria to discuss the crisis. (more...)

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