Markets


George Soros Has 1 Billion More Reasons to Hate Donald Trump
- January 12, 2017

Trump's election, according to people close to the matter", the Journal wrote. Soros became more bearish immediately after Trump won on November 8, but the stock market has rallied on expectations that the president-elect's policies will boost corporate earnings and the overall economy. (more...)
American Airlines raises unit revenue estimate
- January 12, 2017

The current share price indicate that stock is -33.96% away from its one year high and is moving 35.95% ahead of its one year low. Stock's intraday price range hit the peak level of $49.90 and touched the lowest level of $48.10. Following the completion of the transaction, the chairman now owns 1,772,430 shares in the company, valued at $85,289,331.60. In related news, Chairman W Douglas Parker sold 113,706 shares of American Airlines Group stock in a transaction dated Wednesday, December ... (more...)
Cognizant Technology Solutions Corp. (CTSH) - Research Analysts' Weekly Ratings Updates
- January 12, 2017

Trust Co. of Toledo NA OH increased its stake in Cognizant Technology Solutions Corporation by 3.3% in the second quarter. The volume of the company in the last trading session was 4.71 Million. If you are reading this report on another domain, it was illegally copied and reposted in violation of United States & worldwide copyright & trademark legislation. (more...)
Teva Pharmaceutical Industries Limited (NYSE:TEVA), MGM Resorts International (NYSE
- January 12, 2017

The number of shares now owned by investors are 570.45 mln. Dunkin' Brands Group, Inc. Always volatility measures make charm for active trader; price volatility of stock was 2.29% for a week and 2.07% for a month. There were more than a few analysts who recently mentioned the stock in their research. MGM Resorts International has 1 year price target of $34.08. (more...)
Royal LePage: Housing Market To See Less Wild Swings In 2017 Royal LePage: Housing Market To See Less Wild Swings In 2017
- January 12, 2017

During the fourth quarter of 2016, Royal LePage reported Edmonton house prices were down 2.1 per cent when compared to the fourth quarter of 2015. The report released by Royal LePage indicates the market decline would likely be worse if not for the "remarkably resilient" condo sector, which offers more affordable prices, and the region's nation-leading economy. (more...)
Crude future determined by US output Crude future determined by US output
- January 12, 2017

Annually, the U.S.is not expected to become a net exporter of gas until 2018, which has not happened since 1957. The terms were set in a way that it would be in the Saudis best interest to keep crude oil prices stable. Brent crude, an worldwide benchmark, jumped almost 2 percent to around $56.10 per barrel Thursday morning, following Monday's sharp 4 percent decline to less than $55, in what some analysts believed was a mass sell-off. (more...)
India's Industrial Output Rebounds; Inflation Slows India's Industrial Output Rebounds; Inflation Slows
- January 12, 2017

The decision to withdraw high-value currency notes, announced on November 8, had led to a sudden currency crunch which, in turn, stalled cash-driven transactions. As per use-based classification, the growth rates in November 2016 over November 2015 are 4.7% in Basic goods, 15% in Capital goods and 2.7% in Intermediate goods. (more...)
The "amazing" Lily drone is dead, not a single unit…
- January 12, 2017

Those who invested in Lily will be receiving their refunds within the next 60 days, and if you've changed credit cards since buying a Lily, you will need to fill out this form in order to assure you get your money back. The company's closure seems to have come rather abruptly - its website provided product updates as recently as December 13, and its Twitter account remained committed to delivering US orders later this month. (more...)
Frontier Communications Corporation (NASDAQ:FTR) Frontier Communications Corporation (NASDAQ:FTR)
- January 12, 2017

In the last month the stock has moved in price 1.42%, with a one year change of -9.55%. FMR LLC increased its stake in Frontier Communications Corporation by 11.9% in the second quarter. Stockholders of record on Thursday, December 15th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend was Tuesday, December 13th. (more...)
No pilgrim benefited from Haj subsidy: Mukhtar Abbas Naqvi No pilgrim benefited from Haj subsidy: Mukhtar Abbas Naqvi
- January 12, 2017

The registration for Hajj applications in India has begun and the last date for the submissions of the application is January 24. The Supreme Court in May 2012 had asked the Union government to gradually phase out the Haj subsidy and abolish it by 2022. (more...)
Grayling announces £1.4bn Stonehenge plans - including tunnel Grayling announces £1.4bn Stonehenge plans - including tunnel
- January 12, 2017

The Department for Transport said the Stonehenge tunnel was part of a $2.45 billion program of investment in the region and would cut traffic congestion. The government's plans endanger this unique site. The report notes heritage groups that manage the historical site, including UNESCO, have supported construction of the tunnel in hopes it will improve tourists' experiences. (more...)
Snow forecast cancels 80 flights at Heathrow airport
- January 12, 2017

Airlines are encouraging passengers to double check their flight before making the journey to Dublin Airport. Flag carrier British Airways also advised passengers to check flight schedules ahead of travelling. The Met Office has issued a yellow warning for snow for much of the United Kingdom including the south east where the airport is based. Other airports including Gatwick, Manchester, Birmingham, Edinburgh, Cardiff, Belfast International and Belfast City airports are continuing to ... (more...)
TSX May Open Higher with Oil Prices TSX May Open Higher with Oil Prices
- January 12, 2017

Global storage inventories must be substantially reduced before higher oil prices can be sustained. "Gold has hit its highest level since the end of November, while silver has reached its best level since the middle of December, though metals were trading narrowly mixed on Wednesday". (more...)
Details of UBS Neutral Rating on Host Hotels and Resorts Inc (HST) Details of UBS Neutral Rating on Host Hotels and Resorts Inc (HST)
- January 12, 2017

Host Hotels & Resorts (NYSE:HST) last released its earnings results on Wednesday, November 2nd. According to brokerage firms research report, Host Hotels and Resorts Inc was Downgraded by Argus to " Hold" on Dec 15, 2016. The ex-dividend date of this dividend is Wednesday, December 28th. Xenia Hotels & Resorts's dividend payout ratio (DPR) is 122.22%. The median one-year price target of 17 analysts covering the company is $17.00, which suggests the stock could still rise over -6 percent. (more...)
Turkish MPs Allow Constitutional Changes
- January 12, 2017

Critics, however, denounce it as a means of restoration of the Ottoman Era powers to Erdogan, whom they see as an authoritarian figure. Erdogan dismissed those concerns Thursday stating "if you have any respect for the people, if you have any respect for the will of the people. (more...)
United Kingdom tidal lagoon gets backing
- January 12, 2017

Former energy minister Charles Hendry, who led the Government-commissioned study, said lagoons which harness the power of the tides for electricity could help with security of supply, cut carbon and bring opportunities for the United Kingdom supply chain. (more...)
Primark same-store sales sag in Germany, Netherlands Primark same-store sales sag in Germany, Netherlands
- January 12, 2017

That more than offset the declines seen in Germany and the Netherlands. "As a result of the weakening of sterling in late summer past year, sales from continuing operations at actual exchange rates were strongly ahead with a 22% increase", ABF said in a statement. (more...)
Stillwater Investment Management Lowers stake in Marathon Petroleum Corp (MPC)
- January 12, 2017

Instinet downgraded Marathon Oil Corporation from a "buy" rating to a "neutral" rating and raised their price target for the company from $15.00 to $19.00 in a research report on Thursday, December 15th. Homrich & Berg boosted its position in shares of Anadarko Petroleum Corporation by 1.7% in the third quarter. Company has a sales growth for the last five (5) years is valued at -14.90%. (more...)
Applied Optoelectronics Inc (NASDAQ:AAOI) And Delta Air Lines, Inc. (NYSE:DAL) Applied Optoelectronics Inc (NASDAQ:AAOI) And Delta Air Lines, Inc. (NYSE:DAL)
- January 12, 2017

Several hedge funds have recently modified their holdings of the company. These analysts also forecasted Growth Estimates for the Current Quarter for DAL to be -30.5%. A number of equities analysts recently weighed in on the stock. (NYSE:DAL) has received an average rating of "Buy" from the twenty-one brokerages that are presently covering the stock. (more...)
IranAir Receives First Delivery of Airbus Jet IranAir Receives First Delivery of Airbus Jet
- January 12, 2017

The aircraft (EP-IFA) is powered by CFM International CFM56 engines and is one of 46 A320-family jets featured in the order. Iran projects a demand for between 400 and 500 new commercial airliners over the next decade. That deal was Iran's biggest yet with an American company since the 1979 revolution and U.S. Embassy takeover. In fact, Republican politicians in the U.S. (more...)

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