Markets


US retail sales cool in November after strong gains US retail sales cool in November after strong gains
- December 14, 2016

Retail sales excluding automobiles and service stations increased 0.2%, less than the projected gain of 0.4% in the Bloomberg survey and following a revised 0.5% advance the previous month. Although consumer confidence strengthened in November following the US Presidential election, the retail sales data does not suggest any major beneficial impact on retail spending, although there may be a delayed impact in December and there could also be subsequent data revisions. (more...)
Starbucks Corporation (NASDAQ:SBUX) , DSW Inc. (NYSE:DSW)
- December 14, 2016

The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . The stock is now showing YTD performance of 0.28 Percent. Starbucks Corp . has a 52 week low of $50.84 and a 52 week high of $61.78. It has a dividend yield of 1.70%. Burrows Clifford retains 248,517 shares in the stock after this transaction. (more...)
Punch Taverns pub group receives two takeover offers Punch Taverns pub group receives two takeover offers
- December 14, 2016

Heineken's offer values Punch Taverns at 386 million pounds ($488.95 million) and Emerald's offer values it at 410 million pounds, according to Reuters calculations. The board is in discussions with Emerald regarding the Emerald proposal. Heineken NV, the brewer of Heineken, Europe's top lager, Tiger and Sol, was not immediately available to comment. (more...)
Iran signs two oil deals with Russia's Gazprom
- December 14, 2016

The deals were announced during the 13th Iran-Russia Joint Economic Commission this week (IRJEC). Russian Federation and Iran signed a $2.5 billion deal on construction of a thermal power plant in southern Iran and electrification of a railway line, a report said. (more...)
J&J abandons talks with Actelion as another suitor circles
- December 14, 2016

J&J had then issued in a press release, saying that it is "engaged in preliminary discussions" with Actelion regarding a possible merger. Actelion's proposed structure would have created a new, larger biotech group uniting the Swiss company with relevant parts of J&J's pharma business, people involved in the talks said. (more...)
VeriFone shares tick higher as earnings beat, outlook misses VeriFone shares tick higher as earnings beat, outlook misses
- December 14, 2016

Other research analysts have also recently issued reports about the stock. VeriFone Systems Inc ( PAY ) was Reiterated by Compass Point to "Neutral" while Lowering the Price Target of the company shares to $ 16 from a previous price target of $17.50. (more...)
Lam Research Corporation (NASDAQ: LRCX) - Analysis of a Large Market Cap Stock
- December 14, 2016

Lam Research Corporation (NASDAQ:LRCX) closed at $107.15 by building up +0.56% in recent trading session. Other hedge funds have also recently modified their holdings of the company. This represents a $1.80 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Monday, December 12th. Lam Research Corp .'s dividend payout ratio (DPR) is 23.86%. (more...)
Evolve, Left 4 Dead Dev Making a Dark Fantasy Co-Op Shooter Evolve, Left 4 Dead Dev Making a Dark Fantasy Co-Op Shooter
- December 14, 2016

It's a direct line toward taking the game that we wanted to play when we first started working on it and ensuring that it will be a game that our community wants to play for years to come. I could therefore see us having a decent amount of Twitch integration in the title following launch. "One of the difficulties that we had as a studio is that, prior to fully shifting to service-based gaming, we couldn't respond to our users as quickly as we would have liked", Goldstein explained. (more...)
United States Steel Corporation (NYSE:X) Analyst Opinion United States Steel Corporation (NYSE:X) Analyst Opinion
- December 14, 2016

There are a handful of analysts covering the stock. 14 number of analysts also provided their insight on AK Steel Holding Corporation , where the Average Price Target for the stock is $7.98. The company has its Price to Sales (P/S) ratio of 0.54 where Price to Book (P/B) ratio of 0, Price to Cash Per share (P/C) of 56.8 and Price to Free Cash Flow (P/FCF) has a value of 18.33. (more...)
Udall, Heinrich slam Trump's pick of Perry for DOE, citing labs
- December 14, 2016

The moment in question was one of the Republican presidential primary debates in 2011, when Rick Perry attempted to name three departments that he would get rid of. Perry also serves on the board of another energy firm, Sunoco Logistics Partners. "Governor Perry is simply not qualified for this position and should be rejected". (more...)
President Obama Says John Glenn 'Lifted the Hopes of a Nation' President Obama Says John Glenn 'Lifted the Hopes of a Nation'
- December 14, 2016

Sensors showed his heat shield was loose after three orbits, and Mission Control anxious he might burn up during re-entry when temperatures reached 3,000 degrees. His flight made him an instant hero. John Glenn has died in Ohio. He became an expert on nuclear weaponry and was the Senate's most dogged advocate of nonproliferation. (more...)
Japan casino bill clears panel, paves way to legalize gambling
- December 14, 2016

Four opposition parties, the Democratic Party, the Japanese Communist Party, the Social Democratic Party and the Liberal Party, have agreed to jointly submit a no-confidence motion against the Abe administration to Lower House Speaker Tadamori Oshima on the final day. (more...)
Gold firm as dollar catches breath ahead of Fed rate decision Gold firm as dollar catches breath ahead of Fed rate decision
- December 14, 2016

Gold edged lower on Tuesday, losing its luster as the US Federal Reserve began its two-day meeting during which it is expected to deliver the second USA interest rate hike in a decade and provide some insight into its outlook for 2017. The dollar was likewise steady on the yen at 115.12, while the dollar index was little changed at 101.02. Expectations that Trump will cut taxes, boost fiscal spending and raise USA growth over the near-term lifted US bond yields and stock prices, making the ... (more...)
OPEC agrees to cut output for 1st time in 8 years OPEC agrees to cut output for 1st time in 8 years
- December 14, 2016

Iran won't freeze production, but there is another arrangement, he said, without elaborating. On the eve of today's meetings, OPEC Conference President Mohammed Bin Saleh Al-Sada said that while there were signs that a rebalancing of the global oil market is under way, "price volatility is still a significant concern". (more...)
Hartford Financial Services Group, Inc. (The) (NYSE:HIG) Reviewed By Analysts Hartford Financial Services Group, Inc. (The) (NYSE:HIG) Reviewed By Analysts
- December 14, 2016

On 11/15/2016 William S Demchak, CEO, sold 179,809 with an average share price of $107.61 per share and the total transaction amounting to $19,349,246.49. The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. Finally, Deutsche Bank AG increased their price objective on shares of PNC Financial Services Group from $99.00 to $120.00 and gave the stock a "buy" rating in a report on Wednesday, November 30th. (more...)
Early tax filers may not receive refunds until after February 15 Early tax filers may not receive refunds until after February 15
- December 14, 2016

The IRS is reminding taxpayers who are used to getting their refunds in January that refunds may be delayed for some until mid-February in 2017. More than 26 million tax filers receive the EITC, according to USA Today , while about 20 million get the Additional Child Tax Credit for dependents under the age of 17. (more...)
There's a brand new way to stream content to your Xbox One
- December 14, 2016

The company has over the years managed to integrate with Microsoft Office and has now jumped on to Microsoft's gaming console as well . A new app lets players use the console with the VR headset as the screen. In addition to the streaming app, Dropbox is also coming on Xbox console, making it the first web-based storage provider to do so. Moreover, you can also upload files to Dropbox from USB drives connected to the console or from any other Windows 10 applications running on the console. (more...)
Which way Las Vegas Sands Corp. (NYSE:LVS) insiders are heading Which way Las Vegas Sands Corp. (NYSE:LVS) insiders are heading
- December 14, 2016

For the next 5 years, Las Vegas Sands Corp.is expecting Growth of -0.79% per annum, whereas in the past 5 years the growth was 2.31% per annum. Performance week shows a value of -8.16%, and the Performance for the Month is valued at -4.20%. (more...)
Ronaldo revels in 'unforgettable' 2016 following Ballon d'Or triumph
- December 14, 2016

This year, the 2 spot was given to FC Barcelona's Lionel Messi. His deft touches, nutmegs and absolutely ideal finishes have been mesmerizing the footballing world on a weekly basis. The 31-year-old Ronaldo was picked from a list of 30 players by a group of global journalists selected by France Football , which for the previous six years awarded the coveted prize in partnership with FIFA . (more...)
Tessa's sports challenge: Donations needed for the Toys for Tots campaign
- December 14, 2016

Channel 9 has partnered up with the U.S. Marine Corps in the Toys for Tots campaign to make sure Central Florida children in need have something under the Christmas tree this year. Monroe Police Officer Shaun Van Eaton, an active Marine Corps reservist, has been a regular participant in Toys for Tots. On Tuesday, Crawford was already sorting the toys into bags, readying them for parents to pick up. (more...)

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