Markets


Canada Goose files for an IPO
- February 16, 2017

Canada Goose plans to list its stock on both the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol "GOOS". Companies listed on the latter are required to annually report gender diversity statistics. "We believe offering inspiring new products that are consistent with our heritage, functionality and quality represents an opportunity to develop a closer relationship with our customers and expand our addressable market". (more...)
Hilton Worldwide Posts Q4 EPS Beat
- February 16, 2017

The 23 analysts offering 12-month price forecasts for Hilton Worldwide Holdings Inc have a median target of 64.00, with a high estimate of 78.00 and a low estimate of 47.00. This piece was originally reported by Community Financial News and is owned by of Community Financial News. In other Hilton Worldwide Holdings news, insider Kristin Ann Campbell sold 75,000 shares of the stock in a transaction dated Monday, December 12th. (more...)
Heineken profits hit by currency volatility including pound plunge Heineken profits hit by currency volatility including pound plunge
- February 16, 2017

Founded in the 19th century, Heineken produces and sells more than 250 brands including Desperados tequila-flavoured beer, Sol and Strongbow cider and employs about 73,000 people around the world. Chief Financial Officer Laurence Debroux said, for example, another devaluation of the Nigerian naira was likely later this year. Heineken's results came as the brewing giant confirmed its acquisition of Brasil Kirin Holding, one of Brazil's largest beer and soft drink producers, in a deal ... (more...)
As Oroville Dam Evacuations Ease, Residents Return With Wary Feeling
- February 16, 2017

The upcoming storms heightened the sense of urgency for the workers who are attempting to stabilize the area surrounding the Oroville Dam, but the new storms should not pose a threat to the emergency spillway as of Tuesday, officials said . (more...)
United States wholesale inflation sees biggest monthly gain in 4 years
- February 16, 2017

The primary reason for the sudden divergence in the two indices now is the sharp surge in fuel prices in the WPI where rates has soared up from just 1.6% in August to a high of 18.1% by January. The main driver behind the January's jump in CPI came from transport prices, which dropped by less than the amount a year ago, falling by 0.6 per cent between December and January, compared with a 2.5 per cent drop the year before. (more...)
US Intercepted Calls Between Trump Campaign Staff And Russian Intelligence
- February 16, 2017

Flynn was questioned by Federal Bureau of Investigation agents within the first few days of the Trump administration about whether, as a private citizen, he discussed USA sanctions with Russian Ambassador Sergey Kislyak , just as the Obama White House was levying sanctions on Moscow . (more...)
Top Intelligence Dem: Trump 'was OK with Flynn being dishonest'
- February 16, 2017

The official was not authorized to discuss the matter publicly and insisted on anonymity. The New York Times also reported that Mr Trump's aides and associates had frequent contact during the election campaign with Russian members of government and intelligence, as found by United States intelligence and law enforcement agencies by obtaining bank records, travel documents, interviews and intercepting phone calls. (more...)
US Dollar Index Steady, Yellen and Data in focus US Dollar Index Steady, Yellen and Data in focus
- February 16, 2017

The pound hit a one-week low against the dollar on Wednesday (15 February), after investors took data showing the United Kingdom unemployment rate remained at a multi-year low as a sign the Bank of England will not be rushed into an interest rate rise. (more...)
The Kraft Heinz Company (NASDAQ:KHC), Marriott International, Inc. (NASDAQ:MAR)
- February 16, 2017

Several other institutional investors also recently modified their holdings of KHC. The company's P/E is 39.53 and Forward P/E ratio is 23.23. The number of shares now owned by investors are 1.22 bln. & worldwide trademark and copyright legislation. The correct version of this piece of content can be accessed at [[permalink]]. Analyst recommendation for this stock stands at 2.70. (more...)
Toronto Raptors Trade Terrence Ross For Serge Ibaka Toronto Raptors Trade Terrence Ross For Serge Ibaka
- February 16, 2017

Ibaka might not be the feared rim protector he once was (two years ago, opponents only shot 40.7% at the rim against him, a stellar mark), he still offers some solid resistance there and is a strong team defender. Ibaka, 27, hasn't had the kind of impact that the Magic had hoped this season, but he's a very good player with a rare skill set. Ross moves to the Magic after averaging 10.4 points and 2.6 rebounds in 22.4 minutes per game for Toronto. (more...)
Stock Price of Avis Budget Group, Inc. (CAR) Decreases -0.19%
- February 16, 2017

This buyout will help the company position itself as the second-largest light commercial vehicle fleet operator in France, while providing a strong presence in the French local market. In other news, Director Stender E. Sweeney sold 803 shares of the company's stock in a transaction that occurred on Thursday, November 17th. SCANA Corporation (NYSE:SCG), stock is trading $75.32 above the 52-week high and has displayed a high EPS growth of 11.90% in last 5 years. (more...)
LendingClub Corporation (NASDAQ:LC) To Release Earnings
- February 15, 2017

Current quarter revenue movements show that, the company has set average revenue estimates of $121.84M covering forecast of 15 analysts. The company's stock has a Return on Assets (ROA) of -87.5 percent, a Return on Equity (ROE) of 57.3 percent and Return on Investment (ROI) of 2780.4 percent. (more...)
Yahoo warns users of 'potential malicious activity' on accounts Yahoo warns users of 'potential malicious activity' on accounts
- February 15, 2017

A source familiar with the situation said that investigations into the security incidents were in their final stages and the list of users to be notified was being finalized as well. Yahoo recommended that users review their accounts for suspicious activity, be cautious of unsolicited communications that ask for personal information, and avoid clicking on links or downloading attachments from suspicious email messages. (more...)
Impact of Brokerage Rating on Shell Midstream Partners, LP(SHLX) Impact of Brokerage Rating on Shell Midstream Partners, LP(SHLX)
- February 15, 2017

According to the SEC, on Jun 10, 2015, Stan Golemon (Senior Vice President) sold 33,431 shares at $32.35 per share price. Kayne Anderson Capital Advisors LP now owns 4,803,815 shares of the company's stock worth $365,080,000 after buying an additional 112,200 shares during the period. (more...)
Peltz's Trian: What Will He Do With $3B P&G Stake? Peltz's Trian: What Will He Do With $3B P&G Stake?
- February 15, 2017

When calculating EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 23.10%. The growth estimate for the next five years is 21.04 percent (per annum). As far as the returns are concern, the return on equity was recorded as 573.20% and return on investment was 22.60% while its return on asset stayed at 8.70%. (more...)
Walmart Buys Outdoor Retailer Moosejaw for $51 Million
- February 15, 2017

Walmart announced Wednesday that it had acquired Michigan-based company on February 13. In addition to Moosejaw.com, the retailer operates 10 stores. Walmart's latest purchase comes about a month after the retail giant's announcement that it its Jet.com unit had acquired footwear e-commerce company Shoebuy.com Inc. (more...)
US Crude Oil Inventories Hit Record Last Week US Crude Oil Inventories Hit Record Last Week
- February 15, 2017

The drop indicates a 90% compliance level so far by producers who had agreed to curtail their output-in line with figures reported by the International Energy Agency last week, and well above what many market participants were expecting. "OPEC's goal is stability of the oil market", he said in a statement . With oil fundamentals like OPEC cuts and active US drilling dominating in the market, crude prices were stable on February 14 with Brent crude futures trading at $55.63 per barrel, and ... (more...)
ISRO: Set record by Launching 104 satellites in a single mission today
- February 15, 2017

ISRO launched satellites today on 15 February 2017 at 9:28 AM from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. The milk carton-size satellites "entered a 500-km-high orbit, minutes after the launch ", Libi Oz, a spokeswoman for the science ministry, said in a statement. (more...)
It looks like United Kingdom house price growth is getting its mojo back It looks like United Kingdom house price growth is getting its mojo back
- February 15, 2017

The Office for National Statistics' (ONS) UK house price index showed the average price rose to just under £220,000 in December, up 1.1 percentage points from the month before. The lowest annual growth was in the North East, where prices increased by 4.1% over the year. The most expensive borough to live in was Kensington and Chelsea, where the cost of an average house was £1.3 million. (more...)
Trump Lashes Out at Media Over Russia Trump Lashes Out at Media Over Russia "Conspiracy Theories"
- February 15, 2017

In another, he added , "This Russian connection non-sense is merely an attempt to cover-up the many mistakes made in Hillary Clinton's losing campaign". Meantime, a CNN report said Trump's top advisers were in "constant communication" during the campaign with Russians who were known to US intelligence. (more...)

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