Markets

Why a Pennsylvania school got a visit from a 'Secret Santa'
- December 11, 2016

But the Secret Santa has brought relief to many struggling families. The anonymous donor visited the school on Wednesday, and before he left, he wrote a check for $864, clearing the school lunch balances for 44 students, and said he will cover one student's lunch bill for the rest of the month. (more...)

Trump's No To H-1B Visa Holders
- December 11, 2016

Raking up the H-1B visa issue again, president-elect of US Donald Trump said he would not allow American workers to be replaced by foreigners by using the H-1B visas. "We won't let this happen anymore", Trump vowed amidst cheers and applause from the audience. Most of the foreign workers brought to the United States were from India. (more...)

Cenovus Boosts Investments 24% in Oil Sands, Other Projects
- December 11, 2016

The number of times the company has met analysts' estimates is 0. After $-0.22 actual earnings per share reported by Cenovus Energy Inc (USA) for the previous quarter, Wall Street now forecasts -81.82% EPS growth. The correct version of this piece of content can be read at http://sportsperspectives.com/2016/12/10/cenovus-energys-cve-outperform-rating-reaffirmed-at-scotiabank/. (more...)

Washington Real Estate Investment Trust (NYSE:WRE) Analyst Update
- December 11, 2016

Investors Real Estate Trust (NYSE:IRET) now has mean rating of 2.20 while 0 analysts have commented the shares as "BUY", 2 recommended as "OUTPERFORM" and 3 commented as "HOLD". The dividend payable date has been fixed on Jan 17, 2017. Alexandria Real Estate Equities's dividend payout ratio (DPR) is -264.46%. WARNING: This article was first posted by Community Financial News and is the sole property of of Community Financial News. (more...)

Costco Wholesale Corp. (COST) Position Raised by Chesley Taft & Associates LLC
- December 11, 2016

JPMorgan Chase & Co. reiterated a buy rating on shares of Costco Wholesale Corp.in a report on Saturday, July 9th. Costco's online sales in the fiscal first quarter rose 8%, a slower rate than the overall e-commerce market. The ex-dividend date of this dividend was Wednesday, November 2nd. On 4/14/2016 Costco Wholesale Corp. announced a quarterly dividend of $0.45 1.18% with an ex dividend date of 4/27/2016 which will be payable on 5/13/2016. (more...)

Opec cut deal pushes oil prices nearly 10 pct higher
- December 11, 2016

The group is expected to reassess the effectiveness of the deal in six months. Azerbaijan said it was also willing to discuss cuts. But key OPEC members appear to disagree over details of the agreement and some analysts have suggested the meeting may fail to reach a deal or produce one that is unworkable. (more...)

American Eagle Outfitters Inc. (AEO) Downgraded by Vetr Inc. to "Buy"
- December 11, 2016

Earnings per share were $0.41. American Eagle Outfitters has price-earnings ratio of 13.76 with a 52 week low of $12.78 and a 52 week high of $19.55 and has a market cap of $0. The ex-dividend date is Wednesday, December 14th. American Eagle Outfitters's dividend payout ratio (DPR) is presently 39.06%. In other American Eagle Outfitters news, COO Michael R. (more...)

San Francisco mayor vetoes 60-day cap on short-stay rentals
- December 11, 2016

Airbnb and New York City confirmed on Friday that they had settled a claim brought by the organization testing a law it contended could open it to critical punishments for promoting short term flat rentals. San Francisco Mayor Ed Lee on Friday vetoed a bill that would have reduced annual limits on short-term rentals in the company's own backyard. Working well with local lawmakers has become increasingly important for Airbnb , a privately held company based in San Francisco that is valued at ... (more...)

Donald Trump warns U.S. companies of punishment for leaving country
- December 11, 2016

The first was the news he brokered a deal to keep a Carrier plant in IN as he tours the plant which will remain open. The Carrier deal was sharply criticized by some conservatives, who viewed it as government distortion of free markets, as well as liberals, who derided it as corporate welfare. (more...)

National Grid To Sell 61% Of Equity In NGGD; Proposes Special Dividend
- December 11, 2016

A Macquarie Group-led consortium is said to be negotiating a memorandum of understanding for National Grid's gas pipe network, which sees the group firming as a lead contender. Macquarie is working with China Investment Corporation, the sovereign wealth fund of China, and United Kingdom asset manager Hermes. Hermes Investment Management, which is one of the other consortium partners along with Allianz Capital Partners, Qatar Investment Authority, Dalmore Capital and Amber Infrastructure, ... (more...)

Apple Supplier Foxconn Plans Expansion in U.S.
- December 11, 2016

And moving all the assembly jobs from China would be nearly impossible under current conditions. "The scope of the potential investment has not been determined", Foxconn stressed in Wednesday's statement. As part of Trump's campaign platform, the former reality star said he would get big companies such as Apple to build its products in the US. "Even if Trump imposes a 45 percent tariff, it is still possible that manufacturers will decide to continue production overseas as long as the costs ... (more...)

OPEC cutting back their oil production
- December 11, 2016

Don't blink. You might miss another jump in oil prices. The 14-member cartel is responsible for a third of global oil production, or 33.6 million barrels per day. Wittner put it this way: "We need to see OPEC deliver". In fact, USA producers have emerged stronger and leaner, allowing them to pump at prices that were once too low. (more...)

Dylann Roof Changes His Mind About Representing Himself During Trial
- December 11, 2016

Earlier in court, surveillance video appeared to show Roof leaving the church after the shooting with a gun in hand, then getting into a vehicle and driving away. Jurors have seen video showing Dylann Roof entering a Charleston church and leaving with a gun in his hand. The morning began with Roof's attorneys filing for a mistrial after surviving victim Felicia Sanders called Roof "evil" in her testimony Wednesday. (more...)

Trump warning lurks behind job-saving Carrier deal
- December 11, 2016

President-elect Donald Trump is renewing his pledge to build a wall along the U.S. -Mexico border during his first extensive public remarks since winning election. But liberal Senator Bernie Sanders, who challenged Hillary Clinton for the 2016 Democratic presidential nomination, said the deal should worry Americans. (more...)

Zacks Investment Research Downgrades Cabot Corp. (CBT) to Sell
- December 11, 2016

Cabot Corp.'s quarterly revenue was down 7.7% on a year-over-year basis. Cabot Oil & Gas Corporation is comprised of insider ownership at 1.67% and institutional ownership of 93.70%. Stockholders of record on Friday, November 25th will be given a $0.30 dividend. The ex-dividend date is Tuesday, November 22nd. NYSE:EOG Independent Oil & Gas on its PE ratio displays a value of *TBA with a Forward PE of 177.42. (more...)

A bathroom flush with cash
- December 11, 2016

Officials said the taxman raided the premises based on intelligence inputs about the presence of huge cash and the sleuths were startled to find a cleverly-hidden stainless steel safe, above the wash basin, inside the tiled walls of the bathroom. (more...)

Stock Price Forecast Of Empire State Realty Trust, Inc
- December 11, 2016

The EPS for the most recent quarter is 0.37. On February 25, 2016, it announced earnings per share at $1.38 versus the consensus estimate of $1.28 per share (positive surprise of 7.81%). Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, October 27th. JPMorgan Chase & Co. now owns 1,677,260 shares of the real estate investment trust's stock worth $182,805,000 after buying an additional 692,533 shares during the last quarter. (more...)

QCA snow emergencies in effect
- December 11, 2016

City of Fort Atkinson has declared a snow emergency to go into effect at midnight Saturday night and last until midnight Sunday night. Questions can be directed to the City of Clinton Public Works Department at 242-0261. For more information, please click on the attached related link. Street Parking Prohibition prohibits parking on all Village streets and roadways during this time. (more...)

Dollar holds steady vs. rivals, U.S
- December 11, 2016

The decision reflects a batch of sanguine economic data out of the eurozone released in recent months, including signs that growth and inflation are finally beginning to accelerate. The Dow Jones industrial average was down 7.92 points, or 0.04 percent, to 19,541.7, the S&P 500 had lost 0.91 points, or 0.04 percent, to 2,240.44 and the Nasdaq Composite had added 13.04 points, or 0.24 percent, to 5,406.80. (more...)

Professor: Trump's Involvement In Carrier Decision Done In 'Remarkably Short Time Frame'
- December 11, 2016

But many Carrier positions are still moving to Mexico, and critics point out that Trump's intervention amounts to another subsidy for big business. Hundreds of jobs reportedly will still be moved to Mexico. The rally in Cincinnati was the second stop on a victory lap through the Midwest on Thursday, coming hours after Trump saluted workers, owners and himself at a Carrier plant in Indiana. (more...)