Markets


U.S. Bancorp (NYSE:USB) Consensus Earnings Estimates
- January 14, 2017

Bancorp NYSE:USB has a 50 day moving average of 50.30 Dollars and a 200 day moving average of 44.48 USD. For the current quarter the company has high EPS estimates of $0.83 in contradiction of low EPS estimates of $0.77. Large investors have recently made changes to their positions in the stock. California Public Employees Retirement System boosted its stake in shares of Sierra Bancorp by 13.0% in the second quarter. (more...)
President Barack Obama Takes Americans on Virtual Reality Tour of White House President Barack Obama Takes Americans on Virtual Reality Tour of White House
- January 14, 2017

At this stage of the transition, Obama had a soaring 83% approval rating with just 12% of respondents disapproving. If those numbers hold, Trump's administration will move in with the lowest approval rating in modern presidential history. (more...)
CVS cuts cost for generic EpiPen competitor
- January 14, 2017

CVS will charge $109.99 for a two-pack of the generic version of Adrenaclick, a lesser-known treatment than EpiPen, which can cost more than $600, the Associated Press reported. Mylan NV the maker of EpiPen came under heavy criticism for the pricing of their drug which soared to more than 500 percent since 2007. Mylan CEO Heather Bresch took the blame for the huge hike, saying they "absolutely raised the price and take full responsibility for that". (more...)
Trump names Goldman Sachs executive raised in Dallas to top economic post
- January 14, 2017

A prominent NY financier is set to be named a top White House adviser to President-elect Donald Trump . Powell now serves as the head of philanthropic investing at the finance company Goldman Sachs Group Inc. A month later, just days after Trump won the presidency, Scaramucci told The FT the incoming administration should dismantle the adviser reforms meant to put an end to hidden fees and conflicts of interest in the investment market. (more...)
Rationalise staff, mechanise: NGT tells EDMC to resolve MCD strike Rationalise staff, mechanise: NGT tells EDMC to resolve MCD strike
- January 14, 2017

The National Green Tribunal on Friday reprimanded the East Delhi Municipal Corporation for the staff agitation, asking why it did not disburse salaries. NGT directed the corporations to submit data on total generation of waste in the city and the methodology adopted for collection, segregation and disposal of garbage. (more...)
Donal Trump tells CNN Reporter Donal Trump tells CNN Reporter
- January 14, 2017

President-elect Donald Trump lashed out at BuzzFeed on Wednesday for publishing a 35-page unverified intelligence report which contained salacious claims about his campaign conduct and personal life. Tapper called that BuzzFeed posting "irresponsible". Buzzfeed later published raw, unsubstantiated documents expanding on CNN's reporting. (more...)
Discovery Communications, Inc. (DISCA) Receives Hold Rating from Pivotal Research Discovery Communications, Inc. (DISCA) Receives Hold Rating from Pivotal Research
- January 14, 2017

According to this price target, it now means the analyst believes there is a potential increase of 4.95% from the company's current share price of 26.68. Revenue is expected to range from 1.65 Billion to 1.74 Billion with an average of 1.69 Billion. The reported earnings missed the analyst's consensus by $-0.04 with the surprise factor of -10.00%. (more...)
Congressman wants CNN reporter fired for Trump report Congressman wants CNN reporter fired for Trump report
- January 14, 2017

This led to fake news dominating our presidential election with fabricated stories about Hillary Clinton that were used to rally Trump supporters into believing these lies were real. Trump refused to take a question from CNN . Yet Buzzfeed itself admits problems with the supposed intelligence report, including some misspellings and factual mistakes. (more...)
The Murphy Oil Corporation's (MUR) The Murphy Oil Corporation's (MUR) "Hold" Rating Reaffirm at RBC Capital Markets
- January 14, 2017

Marathon Petroleum Corporation holds a total Debt Equity of 0.79 * with the Long Term Debt/Equity of 0.79 *. Investment Counsel ADV bought a new stake in Marathon Petroleum Corporation during the third quarter valued at about $105,000. The company reported $0.58 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.81 by $0.23. The firm's market cap is $5.36 billion. (more...)
Takata settles with United States for $1B Takata settles with United States for $1B
- January 14, 2017

In announcing the plea deal, the U.S. Attorney's Office in Detroit also unsealed an indictment charging three Takata executives with wire fraud and conspiracy. The company is associated with more than 100 million airbag recalls involving 17 different automakers. More than 180 other people were injured by the airbags. (more...)
Lockheed CEO Pledges 1800 New Jobs, Lower F-35 Costs Lockheed CEO Pledges 1800 New Jobs, Lower F-35 Costs
- January 14, 2017

Hewson said Lockheed is "going to increase our jobs in Fort Worth [Texas] by 1,800 jobs", and that when factoring all the other subcontractors, the F-35 supply chain supports " thousands and thousands of jobs ". Trump a better deal. On Thursday, Trump's nominee for Secretary of Defense Gen. John Mattis told the Senate Armed Services Committee in his confirmation hearing that the F-35 Strike Fighter program is vital to maintaining U.S. (more...)
Here's Why Gartner Cut Its IT Spending Estimates
- January 14, 2017

According to Lovelock, the growing adoption of cloud, blockchain, digital business and artificial intelligence are driving IT spending and may even push it beyond the projected 2.7% growth. Worldwide IT spending will grow by 2,7% in 2017 to reach US$3,5 trillion (a staggering R47,5 trillion in soft-currency terms), according to a new forecast from Gartner. (more...)
Oil Falls on OPEC Production Cut Doubts (USO, UCO) Oil Falls on OPEC Production Cut Doubts (USO, UCO)
- January 14, 2017

The International Monetary Fund will take into account the impact of OPEC member-states' agreements with non-OPEC countries on oil production cut in its World Economic Outlook Update, which will be published next week, First Deputy Managing Director David Lipton told TASS. (more...)
Peskov: Alleged Author of Trump Dossier Unknown to Kremlin Peskov: Alleged Author of Trump Dossier Unknown to Kremlin
- January 14, 2017

The outburst came as USA media published a dossier, compiled by an ex-British spy, which includes disputed allegations that Russian secret services have gathered a file of compromising information about President-elect Trump. The embassy also speculated that the British government was seeking to rerun the Brexit referendum by claiming it was tainted by Russian influence and attacked the British intelligence services. (more...)
The Macquarie Reiterates The Macquarie Reiterates "Neutral" Rating for Gamestop Corporation (GME)
- January 14, 2017

Robert W. Baird reaffirmed an outperform rating and issued a $40.00 price target on shares of Gamestop Corporation in a research note on Monday, October 3rd. Several hedge funds have recently modified their holdings of GME. (NYSE:GME). Cantab Capital Partners Llp has invested 0% of its portfolio in GameStop Corp . (more...)
Target Price on Infosys Ltd ADR (NYSE:INFY) Reduced By $1 Target Price on Infosys Ltd ADR (NYSE:INFY) Reduced By $1
- January 14, 2017

Analysts Tzyy Log Ng and Holt trimmed their 12-month price target on Infosys shares to $14 from $15 and retained Sell rating on the company's shares. TRADEMARK VIOLATION WARNING: " Infosys Limited (INFY) to Release Quarterly Earnings on Friday" was originally posted by The Cerbat Gem and is the propert of of The Cerbat Gem. (more...)
Merrimack Pharmaceuticals' (MACK) Market Perform Rating Reaffirmed at Cowen and Company Merrimack Pharmaceuticals' (MACK) Market Perform Rating Reaffirmed at Cowen and Company
- January 14, 2017

The Stock now has a Weekly Volatility of 14.58% and Monthly Volatility of 7.52%. (NASDAQ:MACK) in a research report released on Thursday morning. 3 Analysts reported that the Price Target for Merrimack Pharmaceuticals, Inc. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark legislation. (more...)
Trump's transition earns disapproval from 51% of Americans
- January 14, 2017

Last month, 48 percent both approved and disapproved of the way he was handling the transition. Four percent of those polled say they have no opinion on the issue. Bush. President Obama will ride with President-elect Trump in the motorcade from the White House to the Inauguration at the Capitol next Friday, the White House announced Friday. (more...)
Trudeau's oil sands 'phase-out' comments spark anger in Alberta Trudeau's oil sands 'phase-out' comments spark anger in Alberta
- January 14, 2017

He tweeted, 'We can't shut down the oil sands tomorrow. The prime minister says the group has been a great partner. "The verdict is in". "By vowing to "phase out" the oil sands, Mr. The federal government recently produced a long-term low-carbon strategy that laid out a broad plan to slash greenhouse gases by 2050. Whether or not President-elect Donald Trump's administration moves from Twitter to Snapchat in the coming months will be interesting to watch, but today's story with Trudeau ... (more...)
EPA Finalizes Mileage Standards Through 2025 EPA Finalizes Mileage Standards Through 2025
- January 14, 2017

But the EPA countered that this rulemaking has been in the works for years, involving extensive reviews to show that automakers could technically and economically meet the requirements. The decision drew opposition from one powerful automotive industry trade group, saying it fears that tougher standards will force automakers to raise prices on new cars. (more...)