Markets


Demonetisation: RBI proposes to drastically cut MDR charges on debit card payments Demonetisation: RBI proposes to drastically cut MDR charges on debit card payments
- February 16, 2017

In an ambitious plan to boost digital transactions, the Reserve Bank of India (RBI) has rationalised the present slab-rate merchant discount rate (MDR)-based transaction value to merchant turnover-based structure. For other merchants, MDR not to exceed 0.95 per cent and 0.85 per cent (in case of digital PoS). The new charges, as per the RBI draft would come into effect from April 1. (more...)
Analyst Stock Recommendations For Starbucks Corporation (SBUX), NIKE, Inc. (NKE) Analyst Stock Recommendations For Starbucks Corporation (SBUX), NIKE, Inc. (NKE)
- February 16, 2017

Leading up to this report, we have seen a -1.75% fall in the stock price over the last 30 days and a 5.87% increase over the past 3 months. The company had Year Ago Sales of $6.36 Billion. JFS Wealth Advisors LLC boosted its position in Starbucks Corporation by 0.3% in the third quarter. The coffee company reported $0.52 EPS for the quarter, meeting the consensus estimate of $0.52. (more...)
CFPB Wins Full DC Circ. Review Of Leadership Ruling CFPB Wins Full DC Circ. Review Of Leadership Ruling
- February 16, 2017

The U.S. Court of Appeals for the D.C. Circuit said it agreed to consider the CFPB's petition on an "en banc" basis and scheduled a hearing for May 24. But the panel ruling placed the agency under the president's direct oversight. "What Donald Trump wants to do is fire one of the most important financial cops and then say to the American people, you keep walking down this dark alley and, you know, what happens is what happens", Warren said in a video earlier in February. (more...)
Man gets $100000 back after stashing it in TV, Barrie police say Man gets $100000 back after stashing it in TV, Barrie police say
- February 16, 2017

Technically, the recycling plant did not need to inform police, since the TV had been given up and was now their property. Barrie Police are commending the honesty of employees at GEEP for calling them to investigate. He planned to pass it along to his family later in life. The 68-year-old from Bolsover put the money and banking records in the TV for safekeeping, but then forgot they were in there, according to Barrie police. (more...)
Wade to miss third straight game for Bulls Wade to miss third straight game for Bulls
- February 16, 2017

Thomas, who finished with 33 points, scored 18 in the first half and then opened the second with a drive that got him to 20. "I've just been rooting those guys on and hopefully we can continue to play that same way and, when I'm added, hopefully I can help us out even more". (more...)
PewDiePie Apologizes For Anti-Semitic Content, Accuses Media Of Attacking Him
- February 16, 2017

In a recent stunt, he paid two people in India to hold up a sign that read "death to all Jews" and then responded to it with criticism while terming it a joke. The Swede is reported to have made $15m through YouTube in 2016. All the blame, it seems, was with the media that attacked the YouTube star for producing anti-Semitic jokes. (more...)
Stock Tracker: Earnings & Estimates for Morgan Stanley (NYSE:MS) Stock Tracker: Earnings & Estimates for Morgan Stanley (NYSE:MS)
- February 16, 2017

Other institutional investors have also recently added to or reduced their stakes in the company. Analysts set a 12-month price target of $37.79 a share. BMO Capital Markets restated a "buy" rating on shares of Morgan Stanley in a research note on Tuesday, November 29th. MORGAN STANLEY is a preeminent global financial services firm that maintains leading market positions in each of its three primary businesses: securities; asset management; and credit services. (more...)
USA housing starts dip 2.6% in January
- February 16, 2017

Housing completions also showed a 5.6 percent decrease from December, with privately owned completions declining from 1.1 million to one million. Housing starts fell by 2.6%, but at a higher-than-forecast seasonally adjusted annual rate of 1.246 million. (more...)
Lenovo Q3 Profit Plunges On Weak Revenues; PC Business Revenues Up
- February 16, 2017

The second quarter saw that decline shrink to 28 percent year-on-year. Operating profit for the third quarter was US$138 million, down 64% year-on-year. Moreover, its data centre business, which includes servers, storage, software and services took a 20 percent dive in sales compared with the previous year. (more...)
'The Big Bang Theory' Likely Renewed for Two More Seasons
- February 16, 2017

The comedy is important not just to shore up CBS's ratings, which are down this year, but to the network's overall strategy. So far, no word about the deal has been given by either CBS or Warner Bros. However, it will be the negotiations with its cast members that might be a bit tricky for the showrunners. The cost of production of each episode of " The Big Bang Theory " is quite high, almost $10 million. (more...)
CMS Proposes New Rule to Stabilize Health Insurance Exchanges CMS Proposes New Rule to Stabilize Health Insurance Exchanges
- February 16, 2017

The company said that it saw no evidence that the market was improving. The Humana announcement Tuesday that it would pull out of the 11 state exchanges where it operates was followed Wednesday by the Trump administration announcing a proposed set of rule changes to boost the stability of the exchanges for 2018. (more...)
What do Analysts Say about: Urban Outfitters Inc. (NASDAQ:URBN)
- February 16, 2017

Analysts set a 12-month price target of $36.07 a share. There may be various price targets for a stock. Analysts and investors may use different metrics in order to calculate a price target projection. "Urban Outfitters, Inc. Expected to Post Q2 2018 Earnings of $0.69 Per Share (URBN)" was posted by Community Financial News and is the sole property of of Community Financial News. (more...)
Stock in Action: Zosano Pharma Corp (NASDAQ:ZSAN)
- February 16, 2017

Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 2 analysts of Thomson Reuters, 3 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. That puts the market capitalization at $88.9 bln. The stock soared 78.07 percent over the last 6 months. Zosano Pharma Corporation has a 52-week low of $0.45 and a 52-week high of $2.83. (more...)
Elon Musk rewards hero Tesla owner who saved sleepy driver
- February 16, 2017

The anonymous driver, who was travelling in a Tesla Model S, saw a Volkswagen Passat erratically swerving on the autobahn near Munich before noticing he wasn't conscious. The emergency services were soon on the scene, and the man was last reported to be in a hospital and in a stable condition. Officials say the Volkswagen driver suffered "internal injuries" and was taken to a special clinic for treatment. (more...)
Consumer Goods Shares Momentum: Coach, Inc. (COH), Avon Products, Inc. (AVP)
- February 16, 2017

Avon Products, Inc . (NYSE:AVP), maintained return on investment for the last twelve months at -3.06, higher than what Reuters data shows regarding industry's average. The Predicted Move on the 7th day after Avon Products Inc . Company shares were recently noted -21.23% off of the 50-day high and -4.81% away from the 50-day low. (more...)
Today's Brokerage Rating: Norwegian Cruise Line Holdings Ltd. (NCLH), EQT Corporation (EQT) Today's Brokerage Rating: Norwegian Cruise Line Holdings Ltd. (NCLH), EQT Corporation (EQT)
- February 16, 2017

The EPS growth for the past five (5) years shows a value of 70.50%, whilst the EPS value for the next five (5) years shows a figure of 14.00%. The stock spiked 5.23% last month and is up 8.1 this year. The 20-day Simple Moving average for Norwegian Cruise Line Holdings Ltd. NASDAQ is measured to be 1.07% in conjunction with the 200-Day Simple Moving Average of 14.83%. (more...)
Wizz Air Announces New Base at London Luton Airport
- February 16, 2017

Luton will become the airline's 28th base on June 28 and Wizz Air will operate one new Airbus A320 aircraft from the airport. "It highlights the growing demand for travel to Israel", said Sharon Ehrlich Bershadsky, director of the United Kingdom and Ireland for the Israel Government Tourist Office. (more...)
Chimera Investment Corporation (CIM) Stock Rating Upgraded by Wells Fargo & Company Chimera Investment Corporation (CIM) Stock Rating Upgraded by Wells Fargo & Company
- February 16, 2017

The stock has an operating margin of 50.90% and a net profit margin of 50.90% This appreciation has taken its price 80.52% above the 52-week low. The company had revenue of $154.10 million for the quarter, compared to analysts expectations of $149.57 million. (more...)
Should You Buy SunPower Corporation (NASDAQ:SPWR) On Current Analyst Views?
- February 16, 2017

The stock traded between $14.44 and $14.73 before closing at the price of $14.72 with 1.1% change on the day. The company has an average rating of "Hold" and a consensus target price of $15.39. The company's revenue jumped 40.5 percent to $1.02 billion. The Company now has ROA (Return on Assets) of 3.1 percent, Return on Equity (ROE) of 15 Percent and Return on Investment (ROI) of 8.1% with Gross margin of 10.7 percent and Operating & Profit margin of 5.4% and 2.2% respectively. (more...)
Hot Stock Overview: The Goldman Sachs Group, Inc. (NYSE:GS)
- February 16, 2017

While it's Return on Investment (ROI) value is 9.8%. In the last Quarter, The Goldman Sachs Group, Inc. (The) by 0.4% in the fourth quarter. In last trade, the intraday high was $48.36, putting the share price 0.69% below its 52-week high and trades 59.07% higher from the lowest price they have traded at during the previous year. (more...)

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