Markets


Chevron Corp. (CVX) Sees Strong Trading Volume After Strong Earnings Chevron Corp. (CVX) Sees Strong Trading Volume After Strong Earnings
- November 04, 2016

In order to reach an opinion/Recommendation the analyst research public financial statements, listen in on conference calls and talk to managers and the customers of a company, in attempt to capture the information for a research report. The stock gained 3.90% in total of its share price. The insider Ourada Jeanette L sold 7,000 shares worth $711,893. Share prices often move to the upside on recommendations and new price targets of professional brokerage firms. (more...)
Apple profits fall for the first time in 15 years Apple profits fall for the first time in 15 years
- November 04, 2016

Apple's revenue for the reporting quarter also recorded a 9 percent year-on-year drop to $46.85 billion, which was short of analysts' expectations of $46.89 billion revenue. The continued decrease of iPhone sales was reported despite the wave of new customers purchasing the iPhone 7 in the aftermath of Samsung's Galaxy Note 7 fiasco. (more...)
Starbucks Stock Rises After Earnings Deliver Starbucks Stock Rises After Earnings Deliver
- November 04, 2016

Seattle-based Starbucks said its fourth-quarter sales rose 5 per cent at established stores in the Americas, which includes the USA, its biggest market. Globally, the company recorded 4% in same-store sales growth. Domestic sales, which account for the bulk of business, rose 18% in the fourth quarter with comparable sales increasing 4%. (more...)
Adidas overcomes currency moves to post solid Q3 profit rise Adidas overcomes currency moves to post solid Q3 profit rise
- November 04, 2016

The German sporting goods giant said net profit in the three months ended September was 386 million euros ($429.2 million), up from EUR311 million the year before. Reebok, the fitness footwear company that Adidas bought for €3 billion ($3.33 billion) in 2006 to boost USA sales, hasn't grown at all in North America in the past three years, Mr. (more...)
Watchdog pursues Sir Philip Green over pension blackhole Watchdog pursues Sir Philip Green over pension blackhole
- November 04, 2016

Last month pensions expert John Ralfe rated the chances of successful enforcement against Sir Philip as 50/50 and told me he has seen nothing in yesterday's announcement to change those odds. But it emerged this morning that Sir Philip had offered £100m less than what The Pensions Regulator believes is an appropriate sum. Sir Philip Green is thought to have offered £250 million to help plug BHS's pension deficit, £100 million less than the Pensions Regulator has demanded. (more...)
Wynn and Leighton Asia reach settlement on Wynn Palace work Wynn and Leighton Asia reach settlement on Wynn Palace work
- November 04, 2016

Casino revenues for the third quarter were US$146.7 million. Wynn Resorts Limited makes up approx 0.04% of Concert Wealth Management's portfolio. Suntrust Banks Inc. Wynn Resorts had a return on equity of 3,746.24% and a net margin of 7.67%. Thomson Reuters' data suggests the consensus revenue estimate stands at $1.13 billion for Q3FY16. (more...)
Ford's US sales fell 12 percent in October Ford's US sales fell 12 percent in October
- November 04, 2016

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The share price of the stock surged 7.87% for the year. The company had revenue of $33331.00 million for the quarter, compared to analysts expectations of $33404.77 million. The business's revenue for the quarter was down 6.9% on a year-over-year basis. (more...)
Brokers Opinions on: Discovery Communications, Inc. (NASDAQ:DISCK) Brokers Opinions on: Discovery Communications, Inc. (NASDAQ:DISCK)
- November 04, 2016

Insider Transactions: Since May 10, 2016, the stock had 0 buys, and 1 sale for $5.15 million net activity. Adjusted OIBDA by segment: U.S. Networks, $458M (up 3%); International Networks, $183M (down 16%); Education and other, -$1M vs. FBR & Co. advised their investors in a research report released on Nov 2, 2016. Amg Tru Bank last reported 12,820 shares in the company. Many Wall Street Analysts have commented on Discovery Communications . (more...)
How the 'Ambush-Style Attacks' on Police Officers in Iowa Unfolded
- November 04, 2016

Parizek said there was "a clear and present danger to police officers" and that officers are being paired up right now to keep them safe. Des Moines police spokesman Paul Parizek said it appeared that Greene had acted on his own. The second officer was killed in Des Moines about 20 minutes later. "We are very well aware that the society that we are living in right now and the time, there are some not so positive views of law enforcement that a certain segment of our population holds". (more...)
GoPro third quarter revenue drops, cuts full-year forecast GoPro third quarter revenue drops, cuts full-year forecast
- November 04, 2016

The firm's stock has a market capitalization of $1.76 bln. GoPro in the past year has lacked new products with features compelling enough to get existing camera owners to spend hundreds of dollars to upgrade, Wittine said. Large investors have recently modified their holdings of the company. Amalgamated Bank boosted its stake in shares of GoPro by 4.6% in the second quarter. (more...)
Cerner (CERN) Stock Drops on Q3 Miss, Guidance
- November 04, 2016

CERN has been the subject of a number of other reports. Finally, Vetr lowered Cerner Corp. from a "hold" rating to a "sell" rating and set a $64.78 price objective for the company.in a research report on Monday, August 8th. Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -11.67 retreated so far this year. In related news, Director Linda M. (more...)
Worth Watching Stock: Yamana Gold, Inc. (NYSE:AUY) Worth Watching Stock: Yamana Gold, Inc. (NYSE:AUY)
- November 04, 2016

The ex-dividend date is Wednesday, December 28th. "The amount of gold that was stolen is modest as material is kept in inventory only briefly after a gold pour pending transport", Yamana told the news agency in an emailed statement. According to these analysts, the Low Revenue Estimate for Yamana Gold, Inc.is 475.49 Million and the High Revenue Estimate is 536.97 Million. Yamana Gold's revenue for the quarter was up 9.5% on a year-over-year basis. (more...)
Air France's New Budget Carrier May Squeeze Delta, United, American Air France's New Budget Carrier May Squeeze Delta, United, American
- November 04, 2016

CEO Jean-Marc Janaillac said the group's higher ticket revenues - stemming from its hubs, alliances, market share and image - meant it did not need costs at the level of easyJet or Gulf carriers. That pared the stock's decline this year to 19 percent, valuing the airline at 1.71 billion euros. Despite the cost-cutting efforts, Janaillac insists the product "will not be low-cost". (more...)
Cubs' Historic World Series Victory Hits 15-Year Ratings High For Fox Cubs' Historic World Series Victory Hits 15-Year Ratings High For Fox
- November 04, 2016

On Wednesday, the Cubs were victorious in a thrilling extra-innings affair. Still, Heyward's teammates repeatedly praised him for his consistent effort and even demeanor as he struggled to the third-lowest OPS in the majors during the regular season and occasionally was benched during the postseason. (more...)
Bank of England governor Mark Carney to stay until June 2019 Bank of England governor Mark Carney to stay until June 2019
- November 04, 2016

Jacob Rees-Mogg, a eurosceptic member of parliament who has been a persistent critic of Carney, said the next BoE governor should be prepared to rethink the entire premise for keeping rates so low. Carney, who has come under heavy criticism from pro-Brexit politicians for warning before June's referendum of the economic hit of a vote to leave the European Union, could have stayed at the BoE until 2021. (more...)
SEC probes Wells Fargo, bank ups legal reserves fund SEC probes Wells Fargo, bank ups legal reserves fund
- November 04, 2016

Sloan said Wells Fargo hired a third-party firm to examine the bank's practices because there are questions about whether insiders like himself and other top Wells Fargo executives can reform the company's culture. From that number, 85,000 accounts generated fees for the bank worth about 2 million dollars. The SEC declined to comment. This was written about a North Carolina train disaster in 1903, but it could've been written this year about an even bigger disaster called "The Wreck ... (more...)
Liberals promise to boost foreign ownership cap on airlines, passenger rights regime Liberals promise to boost foreign ownership cap on airlines, passenger rights regime
- November 04, 2016

In the meantime, the former astronaut said he would grant exceptions to allow two upstarts - Canada Jetlines, which has secured a European partner, and US-backed Enerjet - to immediately seek out foreign investment. Jim Scott, chief executive officer at Canada Jetlines, tells BNN he's interested in Bombardier's CSeries, but any purchase of the narrow-body jet is at least three years out. (more...)
Police identify Iowa officers killed in overnight shootings Police identify Iowa officers killed in overnight shootings
- November 03, 2016

He was caught after an hours-long search. Des Moines police say Greene is a suspect in the shootings early Wednesday in Des Moines and the suburb of Urbandale. "It was senior night, and the spotlight should have been on those senior players". Greene sat nearby again. Scott Michael Greene is a suspect in their shootings. (more...)
UK services sector delivers surprise output increase UK services sector delivers surprise output increase
- November 03, 2016

The Services PMI recorded above the no-change mark of 50.0 for the 16th straight month, highlighting sustained growth in the sector. The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector companies on a monthly basis, stood at 54.5 in October as against 52.0 in September. (more...)
Chicago Cubs win first World Series since 1908
- November 03, 2016

I tell ya, we're world champions. I believe it exists because sports are played by humans, not robots. He gave up only two runs in his Game 6 start, which the Cubs had to win at Progressive Field. Just as he has whenever the Cubs called on him this season, he was. "It's going to hurt". "It hurts because we care, but they need to walk with their head held high because they left nothing on the field". (more...)