Markets


US drillers boost oil rigs for a seventh consecutive week US drillers boost oil rigs for a seventh consecutive week
- December 16, 2016

Last week's data revealed that the USA had put more oil rigs into play than in any time since July 2015. The nation's gas-rig count rose by one to 126 in the past week, according to Baker Hughes. Last week, the number of oil and gas rigs in operation jumped by 27, with oil rigs accounting for 21 of the 27. When it comes to USA oil, there is no hotter basin right now than the Permian. (more...)
Stock Analyst Price Target Update on Lattice Semiconductor Corporation (NASDAQ:LSCC)
- December 16, 2016

The EPS for the most recent quarter is 0.21. The analysts estimated EPS for the higher end at 0.14 and lower end at 0.13 while the year ago reported earnings per share was 0.21. Tempe, Arizona headquartered First Solar Inc.'s stock saw a slight drop of 0.24%, finishing yesterday's session at $33.62 with a total trading volume of 1.85 million shares. (more...)
Ophthotech Corp (NASDAQ:OPHT) & Atwood Oceanics, Inc. (NYSE:ATW) Traders Alert
- December 16, 2016

Ophthotech Corporation (NASDAQ:OPHT) belonging to the Medical sector has declined -1.42% and closed its last trading session at $4.86. The company has 1 year Price Target of $24.82. The Company specializes in the development of therapeutics to treat diseases of the back of the eye, with a focus on developing therapeutics for age-related macular degeneration (AMD). (more...)
Investors Traded Stocks: Activision Blizzard, Inc (NASDAQ:ATVI) , CoreLogic, Inc. (NYSE:CLGX) Investors Traded Stocks: Activision Blizzard, Inc (NASDAQ:ATVI) , CoreLogic, Inc. (NYSE:CLGX)
- December 16, 2016

The consensus 12-month price target from analysts covering the stock is $49.1. During the past year Activision Blizzard's shares have decreased by -3.51% from 37.65 to 36.33. ( NASDAQ: ATVI ), declared that Call of Duty: Infinite Warfare is the #1 console video game in the USA, based on year-to-date revenues from physical unit sales. (more...)
Inmates take over prison wings in British jail riot Inmates take over prison wings in British jail riot
- December 16, 2016

A West Midlands Police spokesman said that prisoners did not have keys which would allow them to leave the prison walls, but social media has reported on going battles between specialist HM Prison Service officers, who have been called in from across the United Kingdom, and inmates who are rioting. (more...)
PayPal Accuses Paytm Of Ripping Off It's Logo
- December 16, 2016

PayPal , a leading global payments platform, on Friday sued its Indian counterpart PayTM alleging that the Noida-headquartered company stole its logo. As pointed out by Rahul Dev , a Patent Attorney & International Business Lawyer, in his Linkedin post , this coincidence is a bit too easy. When you look at it, the logo of PayPal and Paytm both are blue in colour and the shades look very similar. (more...)
Spirit Realty Capital, Inc. (NYSE:SRC) Reviewed By Analysts Spirit Realty Capital, Inc. (NYSE:SRC) Reviewed By Analysts
- December 16, 2016

The institutional investor owned 3,179,313 shares of the real estate investment trust's stock after selling 143,433 shares during the period. Janney Montgomery Scott began coverage on Spirit Realty Capital in a research note on Wednesday, September 7th. (more...)
Dominion Midstream Partners LP (DM) PT Set at $32.00 by Stifel Nicolaus Dominion Midstream Partners LP (DM) PT Set at $32.00 by Stifel Nicolaus
- December 16, 2016

The company now has a consensus rating of "Hold" and an average target price of $76.23. Several other equities research analysts have also recently weighed in on DM. The firm's revenue for the quarter was down 17.6% on a year-over-year basis. Equities research analysts anticipate that Magellan Midstream Partners L.P. (more...)
Daily Ratings & News for Medical Properties Trust Inc
- December 16, 2016

BTIG Research began coverage on shares of Medical Properties Trust in a report on Thursday, August 25th. 0 analysts assign "Sell" rating for the stock. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2016/12/16/wells-fargo-co-lowers-senior-housing-properties-trust-snh-to-underperform.html. (more...)
US Wholesale Prices Jump 0.4 Percent, Most in 5 Months US Wholesale Prices Jump 0.4 Percent, Most in 5 Months
- December 16, 2016

The fund owned 2,826,075 shares of the auto manufacturer's stock after buying an additional 436,889 shares during the period. Many analysts have provided their estimated foresights on Ford Motor Co. However a year ago for the same quarter the company has reported $0.58 EPS. Historically, if we look at price target revisions, two weeks ago Ford Motor Company (NYSE:F)'s price target was revised on 11/18/16 by the analysts, however the bullish price estimates of the stock set at $20 while the ... (more...)
City still plans to euthanize deer who found home on NYCHA lawn City still plans to euthanize deer who found home on NYCHA lawn
- December 16, 2016

John Grimpel said, The New York Times reported, "that the deer was going to get onto [Harlem River Drive] and cause damage to a holiday motorist". It was captured at a public housing complex Thursday and was taken to an animal shelter. "The state itself has said it is not safe to relocate deer, and so the only humane and safe recourse is to euthanize the deer, and that will happen in the morning". (more...)
DeVry University to pay $100M to settle lawsuit alleging it misled students
- December 16, 2016

In a statement , the FTC revealed that DeVry University violated the law with its claim that 90 percent of its graduates, who are actively-seeking employment, were able to land jobs within six months of graduation. DeVry's statement said the settlement won't affect its access to federal student loans and that "at no time has the academic quality of a DeVry University education been questioned". (more...)
1971 war victory anniversary observed at Kolkatas Fort 1971 war victory anniversary observed at Kolkatas Fort
- December 16, 2016

The Mukti Jodhas have been attending the annual celebrations for the past 10 years. #1 The Instrument of Surrender was a written agreement that enabled the surrender of the Pakistan Armed Forces on 16 December 1971 at the Ramna Race Course garden in Dhaka. (more...)
Oracle Q2 2016-17 results: cloud growth but overall revenue flat Oracle Q2 2016-17 results: cloud growth but overall revenue flat
- December 16, 2016

The company, which still depends mainly on sales of licenses for business software such as databases, said that if not for the impact of the US dollar strengthening against foreign currencies and an unexpected Egyptian currency exchange loss, its profit would have been 2 cents higher. (more...)
New McDonalds delivery service coming to Orlando in January
- December 16, 2016

UberEats lets customers order online or through its app, and an UberEats "courier" delivers the food. Because we can't be bothered to drive to McDonalds anymore, the company announced Thursday that they will soon be testing out a new delivery service in select Florida cities. (more...)
Bank of Mexico Moves Policy Rate a Half Percentage Point Higher
- December 16, 2016

Ahead of the rate decision, the peso was down by about 0.4% against the dollar. The announcement comes on the heels of the U.S. Federal Reserve's decision Thursday to raise its reference rate by 0.25 percent. In raising its rates, the Fed forecast a steeper path for borrowing costs in 2017 of three projected hikes as inflation expectations increased. The economy is expected to expand just 1.8% next year, given expectations of protectionist policies in the U.S. (more...)
Cuba proposes to use rum to pay back Czech debt
- December 16, 2016

In 2015, Cuba exported over US$2 million worth of the liquor to the Czech Republic. The Czech finance ministry said Havana had raised this possibility during recent negotiations on the issue. Cuba's external debt is around US$25 billion, equivalent to about 31 percent of its GDP. In recent years, it reached agreements over debt forgiveness with a string of major countries, including Japan, Mexico and Russian Federation, which wrote off $32 billion in Soviet-era debt in 2014. (more...)
First Promo: Cameo of (Secret) Superstar
- December 16, 2016

The girl loves to sing and wants to perform in front of masses but alas! her father does not allow her to do so. The teaser of the movie also shows a glimpse of Aamir in a never-seen-before appearance. Aamir Khan is undoubtedly a true blue superstar but the actor would like to think otherwise. Secret Superstar traces the journey of Insia, an aspiring singer, a 14-year-old Muslim girl from Vadodara, Gujarat. (more...)
Merkel expects no decisions on Greek bailout at talks with Tsipras
- December 16, 2016

The Greek parliament has defied the global creditors providing Athens' bailout funds and voted through a one-off payment to pensioners. The bonus plan prompted creditors to suspend a new debt-relief deal. "I'm 72 years old", said this pensioner. Prime Minister Alexis Tsipras was due to raise the issue with other European Union leaders during a summit meeting in Brussels Thursday. (more...)
Action Ratcheting Up For Shares of Annaly Capital Management, Inc. (NYSE:NLY) Action Ratcheting Up For Shares of Annaly Capital Management, Inc. (NYSE:NLY)
- December 16, 2016

Shares registered one year high at $11.02 and the one year low of $7.58. Having a price of $9.91, Annaly Capital Management Inc (NYSE:NLY) traded -1.58% lower on the day. Its portfolio also includes residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. Annaly's principal business objective is to generate net income for distribution to investors from its Investment Securities and from dividends it receives from its subsidiaries. (more...)

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