Markets


Nordstrom Drops Ivanka Trump's Fashion Line Amid Boycott Nordstrom Drops Ivanka Trump's Fashion Line Amid Boycott
- February 04, 2017

Nordstrom noted it offers thousands of brands in its stores and on its site and cuts about ten percent each year depending on how they perform. Last fall, Shannon Coulter launched a boycott against the Ivanka Trump brand and has tracked the inventory levels of the brand at Nordstrom for the past few months. (more...)
Affordable Care Act has been good for Louisiana Affordable Care Act has been good for Louisiana
- February 04, 2017

The ACA is a multi-faceted law with both positives and negatives. "We have no intention of being in the market for 2018", Aetna CEO Mark Bertolini said during his company's earnings call on Tuesday. Republicans now plan to repeal unpopular portions of the law through the budget reconciliation process, which is limited to only budget-related provisions. (more...)
Carney Keeps His Cool on Inflation With Surprise Slack Discovery Carney Keeps His Cool on Inflation With Surprise Slack Discovery
- February 04, 2017

The BoE to stuck to its announcement in November that it its next policy move could be a rate hike or a cut, reflecting the uncertain outlook for the economy. Meanwhile, the Bank's projections for inflation remain largely unchanged, with the CPI measure expected to overshoot the 2% target for a prolonged period and peak at 2.8% in the first half of 2018. (more...)
Chapel Hill declares state of emergency over water shortage Chapel Hill declares state of emergency over water shortage
- February 04, 2017

Customers can use bottled water to flush a toilet, after pouring water into the tank. Using water could result in contamination of the OWASA system, the utility said today. The water shortage is not impacting the Town of Hillsborough or Durham, which operate separate water systems. It serves Chapel Hill and Carrboro in southern Orange County. (more...)
Spicer: Criticism of Holocaust Remembrance Statement Is 'Pathetic' Spicer: Criticism of Holocaust Remembrance Statement Is 'Pathetic'
- February 04, 2017

Events commemorating the deaths of six millions Jews and millions of other victims are held each year on January 27, the anniversary of the liberation of Auschwitz. More telling: Trump's statement was praised by neo-Nazis and Holocaust deniers on Web sites like The Daily Storm. Yes, the Holocaust "included" six million slain Jews "affected", along with families torn apart and survivors of death camps living with the scars. (more...)
Colgate-Palmolive Company (CL) Position Raised by First Midwest Bank Trust Division
- February 04, 2017

In a disclosure report filed on Jan 30, 2017, The Asset Management company Ycg said it has purchased 6,162 additional shares in Colgate-Palmolive Company (CL) during the most recent quarter end. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $3.721B. (more...)
Trump to Rescind Department of Labor Fiduciary Rule
- February 04, 2017

Donald Trump rolled out his latest executive action Friday afternoon, and it's a huge handout to the financial industry at the expense of consumers. "President Trump's forthcoming executive actions-expected to halt the Department of Labor's fiduciary rule and call for review of Dodd-Frank regulations-will greatly benefit middle-class investors, entrepreneurs, and consumers", Competitive Enterprise Institute , a pro-business, free market think tank, said in a statement. (more...)
Magellan Midstream Targets 8% Distribution Growth
- February 04, 2017

The Hedge Fund company now holds 98,088 shares of MMP which is valued at $7,990,248. Dominion Midstream Partners, LP owns the preferred equity interests and the general partner interest of Dominion Cove Point LNG, LP (Cove Point). Finally, Carroll Financial Associates Inc. increased its stake in Magellan Midstream Partners L.P.by 24.4% in the third quarter. The stock's 50 day moving average is 17.47 and its 200 day moving average is 16.75. (more...)
Boston Scientific Corporation reiterated as Buy By Needham
- February 04, 2017

The last close places the company's stock about $0.73 off its 52 week high of $24.79 and $8.39 above the 52 week low of $15.67. BSX's seven period stock performance has resulted in shares rising by a 1.61% and sporting a 34.3% return over the last 12 months. (more...)
Today Analysts Focus on Exxon Mobil Corporation (XOM), NVIDIA Corporation (NVDA)
- February 03, 2017

Thomas J. Herzfeld Advisors Inc. raised its position in Exxon Mobil Corporation by 166.5% in the second quarter. Vetr upgraded shares of Exxon Mobil Corporation from a "hold" rating to a "buy" rating and set a $87.73 target price for the company in a report on Tuesday, November 1st. (more...)
Tech companies to meet on plan to challenge immigration order
- February 03, 2017

While several are raging over it, a section the Indian internet is in fact welcoming the move, citing it will help the IT sector in India. The federal government caps the annual number of H-1B visa issuances for commercial sponsors at 65,000, with another 20,000 visas available for people who have at least a master's degree from a USA college. (more...)
The Microsoft Corporation (MSFT) Price Target Raised to $65.00 at BGC Financial
- February 03, 2017

When we have a peek on stock's historical trends we come to know that, the stock has slipped -0.16% in the past one week and soared 2.32% during previous one month drive, the stock went up 6.82% during past quarter. This showed the surprise of 5.1% in the last quarter earnings. The consensus mean EPS for the current quarter is at $0.7 derived from a total of 31 estimates. (more...)
Bank of England hikes United Kingdom growth forecast; holds rate Bank of England hikes United Kingdom growth forecast; holds rate
- February 03, 2017

It predicted Britain's consumers will run down their savings and borrow at a record rate, fuelling a solid increase in gross domestic product of 2% this year - the same rate the Office for National Statistics reported for 2016 only last week. (more...)
Gilroy protests as city council puts immigration, human rights on the agenda Gilroy protests as city council puts immigration, human rights on the agenda
- February 03, 2017

If the immigration issue weren't so serious, I would find it amusing for those liberal thinkers who chant that not allowing immigrants and refugees into our country "is not what America is all about" or "we must remember we are a nation of immigrants" or "open up the borders!" On Jan. (more...)
Pentagon: Latest Contract Drops F-35A Cost Below $100 Million Pentagon: Latest Contract Drops F-35A Cost Below $100 Million
- February 03, 2017

But Pentagon officials, who've long bargained to reduce costs of the massive F-35 order, announced before that meeting took place that Lockheed would bring down costs for the 90-jet order by more than $500 million. Lockheed's stock received a modest bump on the news, up $1.91 from the opening bell as of publication. This round, known as Lot 10, marks the first time that the per-jet purchase price for an F-35A has been below $100 mlilion. (more...)
Unusual Volume Spikes For: Rite Aid Corporation (NYSE:RAD)
- February 03, 2017

The company has a market capitalization of $5.52 Billion. The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. (more...)
Highly Traded Stock: The Walt Disney Company (NYSE:DIS)
- February 03, 2017

The 52-week high of Walt Disney Company (The) (NYSE:DIS) is $111.05 and the 52-week low is $86.25. The share price is trading in a range of $110.55 - 111.54. The difference between the expected and actual EPS was $-0.06/share, which represents an Earnings surprise of -5.2%. 01/30/2017 - Walt Disney Company (The) had its "buy" rating reiterated by analysts at Jefferies. (more...)
Stock's Buzzers: The Charles Schwab Corporation (NYSE:SCHW)
- February 03, 2017

While looking at the Stock's Performance, The Charles Schwab Corporation now shows a Weekly Performance of -7.73%, where Monthly Performance is -2.56%, Quarterly performance is 24.03%, 6 Months performance is 38.59% and yearly performance percentage is 62.21%. (more...)
Analyst Buzz: Baxter International Inc. (NYSE:BAX) Analyst Buzz: Baxter International Inc. (NYSE:BAX)
- February 03, 2017

Analysts believe that we could see stock price minimum in the $48 range (lowest target price), allowing for another -0.27% drop from its current position. The company expects full-year earnings in the range of $2.10 to $2.18 per share. The last trading session volume compares with the 3.64M average and market worth floats around 26.18B. (more...)
The Tractor Supply Company (TSCO) Updates FY17 Earnings Guidance
- February 03, 2017

There may be various price targets for a stock. Tractor Supply shares have decreased 4.5 percent since the beginning of the year, while the Standard & Poor's 500 index has increased nearly 2 percent. Revenue reached $ 1.92 billion, rose 16% from $ 1.65 billion a year ago. After a recent review, the stock has been noted $2.009 away from the 50-day moving average of $35.616 and $0.145 away from the 200-day moving average of $37.480. (more...)

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