Markets


Bank of America Corp. Initiates Coverage on MGIC Investment Corp. (MTG) Bank of America Corp. Initiates Coverage on MGIC Investment Corp. (MTG)
- October 20, 2016

We have $13.76 PT which if reached, will make NYSE:MTG worth $1.84 billion more. The level of new notice and cure activity stated in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and by transfers of servicing between loan servicers. (more...)
Mosul Battle: 900 Civilians Flee City Ahead Of Fighting
- October 20, 2016

Russian Federation warned the US-led coalition Wednesday against driving jihadists from Iraq to Syria, in the offensive to recapture Mosul from the Islamic State jihadist group. The extremist group has suffered a string of defeats over the past year and Mosul is its last major urban bastion in Iraq. Volesky also underscored that the U.S.is not supporting Shia militias, citing some of those groups' sectarian motivation but he did not address concerns expressed about the militias' presence in ... (more...)
WikiLeaks releases transcripts of Clinton's Goldman Sachs speeches
- October 20, 2016

Most of the emails were from Clinton's campaign manager, John Podesta , and discussed how to handle the scandal over Secretary Clinton's use of a personal email account and a private server. Another day, another document dump from WikiLeaks. The thousands of emails already released also cover topics including United States allies Saudi Arabia and Qatar clandestinely funding ISIS , the Clinton campaign's efforts to handle the media, and courting billionaire donors . (more...)
Hurricane Nicole threatens Bermuda Hurricane Nicole threatens Bermuda
- October 20, 2016

However, forecasters warned that it was still extremely risky. The hurricane knocked out power to more than 20,000 customers in Bermuda, which has sturdy infrastructure and is accustomed to storms. Little change in strength is expected overnight. Forecasters warned that it was still unsafe. Forecasters were still trying to determine if heavy winds or tornadoes created by the hurricane were to blame for some of the damage, said James Dodgson, deputy director at the Bermuda Weather Service. (more...)
Which way Symantec Corporation (NASDAQ:SYMC) earnings may go
- October 20, 2016

The company's Market capitalization is $15.14 Billion with the total Outstanding Shares of 615.59 million. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . (more...)
Officer's use of gun, not Taser, on woman who died is probed
- October 20, 2016

New York Police Department (NYPD) officers responded to a neighbor's call about an "emotionally disturbed" woman, reports Fox 5 NY. A police sergeant persuaded her to put the scissors down, but the woman then tried to attack him with a baseball bat Nikunen said. (more...)
BP plc's (BP) "Overweight" Rating Reaffirmed at Morgan Stanley
- October 20, 2016

Spire Healthcare Group PLC (LON:SPI) has risen 10.64% since March 14, 2016 and is uptrending. Peel Hunt maintained it with "Buy" rating and GBX 1175 target price in Tuesday, November 24 report. The firm earned "Neutral" rating on Friday, April 8 by JP Morgan. Utilitywise has 77,716,000 shares in issue which have a share price of 127.75 giving Utilitywise a market capitalisation of 99.28M GBp. (more...)
Canadian Pacific profit misses on delayed grain harvest Canadian Pacific profit misses on delayed grain harvest
- October 20, 2016

Eastern Seaboard". Revenue fell to $1.55 billion in the third quarter ended September 30 from $1.71 billion a year earlier. That marked a reduction from the previous forecast that earnings would increase at least 10 percent from C$10.10 past year. (more...)
Regions Financial Corporation (NYSE:RF) Insider Activities Are in the Air
- October 20, 2016

The stock touched its 52-Week High on Dec 2, 2015 and 52-Week Low on Feb 11, 2016. Regions Financial Corporation (NYSE:RF) belonging to the Finance sector has surged 2.4% and closed its last trading session at $10.25. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. (more...)
Attorney general leads criminal probe of Wells Fargo bank Attorney general leads criminal probe of Wells Fargo bank
- October 20, 2016

Senate. Oct 19 The scandal at Wells Fargo & Co, which opened millions of unauthorized accounts, "underscores that we have a lot more work" to do to fix the culture within big USA banks, one of the country's top financial regulators said on Wednesday. (more...)
Supreme Court gets first Newfoundlander judge Supreme Court gets first Newfoundlander judge
- October 20, 2016

Because of our small population, we don't have a large power base to fall back on. There are no visible minorities on the bench in Newfoundland and Labrador, which by constitutional convention was the likeliest province to be tapped for the next Supreme Court of Canada appointment. (more...)
Bristol Gate Capital Partners Inc. Takes Position in Dow Chemical Co. (DOW) Bristol Gate Capital Partners Inc. Takes Position in Dow Chemical Co. (DOW)
- October 20, 2016

The fund owned 7,051 shares of the company's stock at the end of the second quarter. Dow Chemical makes up about 4.4% of Bristol Gate Capital Partners Inc.'s holdings, making the stock its 20th largest position. Return on Equity (ROE) stands at 21.6% and Return on Investment (ROI) of 10.1 percent. During the same period previous year, the company posted $0.91 earnings per share. (more...)
Oil rises to 15-month high on United States supply drop, OPEC optimism Oil rises to 15-month high on United States supply drop, OPEC optimism
- October 20, 2016

An official inventory number will be reported by the U.S. Energy Information Administration on Wednesday which will confirm the reported decline which can possibly send the price even higher . Oil prices jumped on Wednesday following Al-Falih's comments, with crude oil up 1.5% at $51.06 a barrel. Although last week that trend ended with a large build of 4.9 million barrels in USA oil stocks, inventories at the storage hubs in Cushing fell sharply, as too did stocks of distillates and-not that ... (more...)
China third quarter GDP grows 6.7 percent, in line with expectations
- October 20, 2016

In the next five-year plan running to 2020, Beijing has set an overall growth target of 6.5 to 7 per cent, which analysts have criticised as being too high. In the first nine months, fixed asset investment grew by only 8.2%, with the manufacturing component growing at just 3.3%. Other performance indicators were mixed, with industrial production increasing by 6.1 percent year on year in September, compared with 6.3 percent in August. (more...)
Analysts' Weekly Ratings Changes for Ladbrokes PLC (LAD) Analysts' Weekly Ratings Changes for Ladbrokes PLC (LAD)
- October 20, 2016

Below is a list of TT Electronics plc (LON:TTG) latest ratings and price target changes. This means 100% are positive. Fresnillo Plc has a 12-month low of GBX 612.50 and a 12-month high of GBX 2,057.21. The firm earned "Reduce" rating on Friday, November 27 by Peel Hunt. The rating was maintained by Peel Hunt on Friday, July 1 with "Buy". Brooks Macdonald Group Plc is a management company offering a range of fee-based bespoke advice and services principally to private high net-worth ... (more...)
New Jersey's first gas tax hike in three decades approved
- October 20, 2016

The agreement between lawmakers and Gov. Chris Christie would raise the state's gas tax from 14.5 cents to 37.5 cents a gallon. It would still remain lower than the gas tax in neighboring NY and Pennsylvania, though. ยท The estate tax will be phased out over the next 15 months replacing the current $675,000 threshold with a $2 million exclusion after January 1, 2017 and eliminating the estate tax altogether as of January 1, 2018. (more...)
Fine for Kyrgios but no ban
- October 20, 2016

Djokovic committed 37 unforced errors before labouring to a 3-6 7-6 6-3 win which set up a clash with Spain's Roberto Bautista Agut, who humbled Frenchman Jo-Wilfried Tsonga 6-3 6-4. "I just tapped out a little bit, I guess". Why aren't you on the tour?' " Nick Kyrgios , you don't want to be a professional tennis player, do something else", McEnroe said . (more...)
Analyst Research Roundup: LendingClub Corporation (NYSE:LC), Denbury Resources Inc. (NYSE:DNR) Analyst Research Roundup: LendingClub Corporation (NYSE:LC), Denbury Resources Inc. (NYSE:DNR)
- October 20, 2016

Mizuho initiated coverage on shares of Denbury Resources in a research report on Wednesday, October 5th. Number of analysts are eying on this stock, and after detailed observation, they have given the stock mean target price of $3.19 while their mean recommendation is 3.30 (1=Buy, 5=sell). (more...)
CPI Up 0.3 Percent in September CPI Up 0.3 Percent in September
- October 20, 2016

Inflation rose to 1.0% in September, up from 0.6% in August. The so-called core CPI, which strips out food and energy costs, gained 0.1 percent last month after climbing 0.3 percent in August. Petrol prices climbed by 1.2 pence per litre month-on-month to 111.2 pence, while diesel prices increased by 1.5 pence per litre to 113.3 pence over the period. (more...)
Commuter Train Derails East of NYC, Injuring 11
- October 20, 2016

Nassau County Police said the injured were taken to Long Island Jewish Medical Center in New Hyde Park, Winthrop University Hospital in Mineola, and Nassau University Medical Center in East Meadow. Nassau County Police said it recieved a call around 9 p.m. that a vehicle or truck had slammed into a train and caused two cars of the train to derail. (more...)