Markets


Jefferies International Indicates Potential 12.91% Increase In Shares Of AstraZeneca PLC Jefferies International Indicates Potential 12.91% Increase In Shares Of AstraZeneca PLC
- February 02, 2017

Dodge & Cox boosted its stake in Astrazeneca PLC by 24.9% in the second quarter. Nonetheless, and in the immediate aftermath of reporting, investor reaction in AstraZeneca PLC (AZN) stock has proven to be much more bearish. While looking at the Stock's Performance, AstraZeneca PLC now shows a Weekly Performance of -0.04%, where Monthly Performance is -0.44%, Quarterly performance is -5.08%, 6 Months performance is -19.59% and yearly performance percentage is -12.04%. (more...)
Third runway at Heathrow vital for post-Brexit economy, Government claims Third runway at Heathrow vital for post-Brexit economy, Government claims
- February 02, 2017

With the Government shortly setting out its strategy for withdrawal from the European Union in a White Paper, Transport Secretary and Brexit supporter Chris Grayling claimed a third runway at Heathrow would enhance the UK's global links. The consultation process will last for 16 weeks, a month longer than the Government was obliged to set, and will be overseen by Sir Jeremy Sullivan, the former Lord Justice of Appeal. (more...)
Texas boy finds snake In toilet Texas boy finds snake In toilet
- February 02, 2017

After "a thorough perimeter check", he crawled underneath the house - of course - and found another 10 snakes, five of them babies. Abilene snake removal company Big Country Snake Removal recently posted an alarming series of pictures and accompanying story to their Facebook page . (more...)
Bank of England jerks 2017 GDP forecast higher
- February 02, 2017

All members voted to continue the GBP 435 billion asset purchase programme. In this regard, allowing Gilt QE to expire following the February re-investments, in line with expectations, will enable the MPC to demonstrate it is indeed no longer in easing mode. (more...)
Dominion Resources, Inc. (D) Updates FY17 Earnings Guidance
- February 02, 2017

They set a hold rating for the company. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company's stock. Dominion Resources's dividend payout ratio is 84.59%. The stock's 50 day moving average is 3.38 and its 200 day moving average is 2.99. Dominion Resources , Inc.'s short ratio is now at 7.06 and the float short is at 2.85%. (more...)
What are Analysts report about: Citrix Systems, Inc. (NASDAQ:CTXS)
- February 02, 2017

Securities and Exchange Commission (the "SEC"). CTXS's stock has received different recommendations from Financial Analysts, according to data provided by FactSet. Many analysts have provided their estimated foresights on Citrix Systems, Inc . Whittier Trust Co. of Nevada Inc. now owns 2,349 shares of the cloud computing company's stock valued at $188,000 after buying an additional 75 shares during the period. (more...)
Donald Trump Pledges to 'Destroy' Law Blocking Political Activity by Churches Donald Trump Pledges to 'Destroy' Law Blocking Political Activity by Churches
- February 02, 2017

The New York Times explained that "ministers are restricted from endorsing or opposing candidates from the pulpit" and "If they do, they risk losing their tax-exempt status". What Trump has against it: Trump presents this ban on participating in politicking as a restriction on the freedom of faith groups to put their religion in action, if their religion calls on them to campaign for a candidate. (more...)
Deal brings hope of end to Southern railway strikes Deal brings hope of end to Southern railway strikes
- February 02, 2017

Previous crisis talks held at Acas, the conciliation service, saw the two sides fail to reach a deal. GTR has been in dispute with Aslef and the RMT over changes to guards' roles. Ms O'Grady said the deal still had to be put to Aslef members in a referendum. As a result of that, we have no details whatsoever on any deal that has been agreed by the parties who were granted a seat at the table. (more...)
Trump Trashes CNN As 'Fake News' In Black History Month Listening Session
- February 02, 2017

And just a few notes. "No one would enjoy The Bachelor if it had real world consequences". Past year around this time, former President Barack Obama reflected upon the many sacrifices that had been made on the path to equality, but reminded all Americans of all the work that's still left to be done. (more...)
Walmart Goes After Amazon with Free Two-Day Shipping Walmart Goes After Amazon with Free Two-Day Shipping
- February 02, 2017

The retailer says it will reduce shipping time to two days on 2 million of its most popular items including essentials like diapers and pet food as well as hot toys and electronics. There are other goodies thrown in to make the offer even more lucrative, like access to Amazon's music and video streaming services. By now, investors have had to be living under a rock if they haven't heard about Amazon's uber-successful Prime membership program . (more...)
Bank of England sharply raises 2017 growth outlook Bank of England sharply raises 2017 growth outlook
- February 02, 2017

The weak sterling, says the bank, is likely to cause inflation to overshoot its 2% target - all the way to 2.8% in 2018, before falling back to 2.4%. The Bank also updated its growth forecasts for the next two years, as it now expects GDP to rise by 2% this year and 1.6% in 2018, up from 1.4% and 1.5% previously expected. (more...)
Global oil output cut by 1.4mn bpd: Russian energy minister Global oil output cut by 1.4mn bpd: Russian energy minister
- February 02, 2017

Crude oil prices rose in the Tuesday session amid further signs that Russian Federation and members of the Organization of Petroleum Exporting Countries were holding the line on an agreement to cap production in an effort to balance the market. (more...)
Research Report for: Aflac Incorporated (NYSE:AFL)
- February 02, 2017

The stock had a trading capacity of 4.61M shares. Oakbrook Investments LLC raised its position in Aflac by 14.5% in the second quarter. Nordea Investment Management AB now owns 6,796,905 shares of the company's stock worth $488,494,000 after buying an additional 131,005 shares during the period. (more...)
Bank of England raises United Kingdom growth forecast again to 2% for 2017 Bank of England raises United Kingdom growth forecast again to 2% for 2017
- February 02, 2017

The Bank dropped a bombshell by announcing rosy new forecasts showing that it expected the economy to grow by 2% in 2017. FXTM Research Analyst Lukman Otunuga, explained markets were expecting the BoE to tilt to the hawkish camp amid the accelerating inflation but the central bank seemed to be in no rush to take action and such has left sterling bullish investors empty handed. (more...)
Focus stock: Anadarko Petroleum Corporation(NYSE: APC) Focus stock: Anadarko Petroleum Corporation(NYSE: APC)
- February 02, 2017

Revenue rose 16.3% to $2.39 billion, with oil sales jumping to $1.45 billion from $1.16 billion. During the same period previous year, the company earned ($0.57) EPS. Stock exchanged hands with the total volume of 6.30 Million shares, as contrast to its average volume of 3.49 Million shares. Anadarko Petroleum Corporation has a 50 day moving average of 70.66 and a 200 day moving average of 62.18. (more...)
Sirius XM Holdings Inc Shares Advances 1.26% Thursday's Premarket
- February 02, 2017

Zacks Investment Research raised Sirius XM Holdings from a hold rating to a buy rating and set a $4.75 price objective for the company in a report on Tuesday, October 4th. Analysts had a consensus estimate of $0.04. The Closing price before the company posted its earnings was $4.23. The Next Day Volume after Earnings was reported as 109.8 Million. (more...)
U.S. Labor Productivity Shows Continued Increase In Q4
- February 02, 2017

Employers a year ago added about 180,000 jobs a month, down from a monthly average of 229,000 in 2015. At the same time, labor costs rose at a rate of 1.7 percent rate, up from a 0.2 percent gain in the third quarter. Prior to the middle of previous year, productivity had fallen for. Soft productivity, which has significantly lowered the economy's long-run potential, could undermine USA living standards. (more...)
MBA: Mortgage Applications Drop 3.2%
- February 02, 2017

The average rate for a 30-year FRM backed by the Federal Housing Administration (FHA) was 4.17%, down from 4.19%. The adjustable-rate mortgage (ARM) share of activity increased to 6.4 percent of total applications. "The 30-year mortgage rate remained flat at 4.19%, starting the month 47 basis points higher than this time last year", Becketti said. The 7/1 ARMS can be had for 2.625% with an April of 3.141%. (more...)
TDP and Amaravati area farmers ecstatic over capital gains tax exemptions TDP and Amaravati area farmers ecstatic over capital gains tax exemptions
- February 02, 2017

I feel capital gains tax exemption for those who pooled their land to build our new capital Amaravati is a great recognition of their spirit and a worthy reward. Between June 2 (when the state was bifurcated) and September 3, 2014, about 604 transactions took place and 515 acres of land was sold. Capital gains tax exemption is expected to benefit the farmers to the tune of around Rs 10 lakh to Rs 30 lakh, depending on the value of their plots. (more...)
Aircel-Maxis case: Court discharges Maran brothers Aircel-Maxis case: Court discharges Maran brothers
- February 02, 2017

Besides Maran brothers, the court discharged two companies - M/s Sun Direct TV (P) Ltd (SDTPL) and M/s South Asia Entertainment Holdings Ltd. The accused had however denied these charges in court. Sivasankaran had accused that in return for getting the license he was forced to sell 74% stake in Aircel in December 2005 to a company called Maxis. (more...)

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