Markets


Trump Had Boeing CEO Listen In On Call About Lockheed With General
- February 17, 2017

After a House Armed Services subcommittee hearing, Lt. Gen. Christopher Bogdan told reporters that Trump made it clear that Muilenburg was on the other end of a January 17 call, adding that the discussion centered around the Air Force One replacement, which Boeing is building, as well as a comparison of the Navy's F-35C variant vs. (more...)
How Often Does Tempur Sealy International, Inc. (TPX) Beat Earnings Estimates? How Often Does Tempur Sealy International, Inc. (TPX) Beat Earnings Estimates?
- February 17, 2017

Scott Thompson, Tempur Sealy International, Inc. chairman and CEO said: "Overall the worldwide markets for our products are solid and the Team remains focused on our long-term initiatives". While some analysts have a High Price target for the stock of $70 and a Low Price Target of $33. (NYSE:TPX) is 1.37. The Average Volume (3 months) is 1.62 Million. (more...)
Brokers Issue New Targets On Portland General Electric Company (NYSE:POR)
- February 17, 2017

RBC Capital Markets reissued an outperform rating and issued a $36.00 price target on shares of General Electric in a research report on Tuesday, November 1st. The Company now has ROA (Return on Assets) of 3.2 percent, Return on Equity (ROE) of 10.5 Percent and Return on Investment (ROI) of 7.2% with Gross margin of 53.1 percent and Operating & Profit margin of 14.9% and 7.9% respectively. (more...)
Retailers try to sell Trump on killing 'border adjustment' tax plan
- February 17, 2017

House Speaker Paul Ryan has embraced Trump's presidency, chaos, warts and all, because he needs a president who will sign off on Republican priorities that were dormant during the Obama administration. There is a much stronger consensus that corporate tax reform needs to happen - the US corporate tax rate is the highest in the industrial world, which encourages USA multinationals to keep foreign profits overseas. (more...)
U.S. governor issues evacuation order for pipeline protest camp U.S. governor issues evacuation order for pipeline protest camp
- February 17, 2017

Ryan Hignight with the US Army Corps of Engineers. Local and federal officials estimate there's enough trash and debris in the camp to fill about 2,500 pickup trucks. Burgum says that waste is a more imminent threat to the water supply of the Standing Rock Sioux than anything else. The Standing Rock Sioux and others believe a pipeline leak under the Missouri River would contaminate water for millions of people. (more...)
Russell Investments Group Ltd. Invests $122816000 in Mondelez International, Inc. (MDLZ) Russell Investments Group Ltd. Invests $122816000 in Mondelez International, Inc. (MDLZ)
- February 17, 2017

The correct version of this news story can be accessed at https://baseballnewssource.com/markets/mondelez-international-inc-mdlz-receives-new-coverage-from-analysts-at-deutsche-bank-ag/437564.html. The company shows its Return on Assets (ROA) value of 2.6%. The company's Relative strength index is 67.76. This news story was originally reported by Community Financial News and is owned by of Community Financial News. (more...)
Marathon Oil Corporation (MRO) Releases Earnings Results, Beats Expectations By $0.05 EPS
- February 17, 2017

Marathon Oil Corporation (NYSE: MRO ) opened at 17.88 on Thursday. During the same quarter in the previous year, the company posted $-0.48 EPS. The stock's price moved up its 200-day moving average of $14.26. Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. In a report issued on February 10, Canaccord analyst Stephen Berman reiterated a Hold rating on MRO, with a price target of $16, which ... (more...)
Crude oil prices under renewed pressure after API Data Crude oil prices under renewed pressure after API Data
- February 17, 2017

United States gold futures for April delivery were up $2.70 an ounce at $1,228.10 Among other precious metals, silver was down 0.2 percent at $17.92 an ounce, off the previous session's three-month high of $18.07, while platinum was down 0.2 percent at $998.80 an ounce. (more...)
Noteworthy Buzzers: Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN), United Rentals, Inc. (NYSE:URI)
- February 17, 2017

Analysts set a 12-month price target of $37.48 a share. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.90 on scale of 1-5. 11/10/2016 - Alexion Pharmaceuticals, Inc . had its "overweight" rating reiterated by analysts at JP Morgan. If you are viewing this story on another site, it was copied illegally and reposted in violation of USA and worldwide copyright & trademark legislation. (more...)
European Union parliament backs trade deal with Canada European Union parliament backs trade deal with Canada
- February 17, 2017

MEPs are expected to approve Ceta, the EU-Canada trade agreement, on Wednesday (15 February), amid concerns about the United States administration's trade protectionism. The North American Free Trade Agreement (NAFTA) facilitated it further. "By adopting CETA, we chose openness and growth and high standards over protectionism and stagnation". (more...)
Young Millennials Top List of Worst Behaved Drivers Young Millennials Top List of Worst Behaved Drivers
- February 17, 2017

For example, the AAA Foundation for Traffic Safety's 2016 Traffic Safety Culture Index found that while 78 percent of drivers believe that texting and driving is unsafe, almost one in three drivers (31 percent) admitted to doing it within the past month. (more...)
President Trump Said His Win Was the 'Biggest Since Reagan.' It Wasn't
- February 17, 2017

At one point during the event, Trump, as he frequently does, falsely claimed his Electoral College win was the biggest "since Ronald Reagan". "They said there's no way to get 222, 230's impossible", Trump said. Actually, I've seen that information around". John Kerry (D-Mass.) with 286 electoral votes. But it was a very substantial victory. In 2016, Trump won 306 Electoral College votes, 36 votes over the 270 needed to win. (more...)
Regions Financial Corporation (RF) Upgraded to Regions Financial Corporation (RF) Upgraded to "Buy" at SunTrust Banks, Inc
- February 17, 2017

Regions Financial Corporation's (RF) stock price distance from twenty day simple moving average surged at 7.10% while its distance from fifty day simple moving average raised 7.74% along with 41.59% above distance from two hundred simple moving averages. (more...)
Apple Reclaims Title of World's Top Smartphone Seller from Samsung
- February 17, 2017

The fourth quarter is usually a strong one for Apple , boosted by holiday sales of the new generation of iPhones it releases each September, said Anshul Gupta, a research director at Gartner. Competition is heating up in China, but BBK Electronics - which owns smartphone brands such as Vivo, Oppo, and OnePlus - seems to have maintained its second place position in the country. (more...)
Toyota again named the 'World's Most Admired' Motor Vehicle Company by FORTUNE Toyota again named the 'World's Most Admired' Motor Vehicle Company by FORTUNE
- February 17, 2017

After Apple, the top five slots are rounded out by Amazon, Starbucks, Berkshire Hathaway, and Disney. "We are honored to be included once again among this prestigious group of companies attaining this distinction", said Steve Rusckowski, Chairman, President and CEO. (more...)
Cenovus Energy posts $545M loss but returns to profitability in Q4 2016 Cenovus Energy posts $545M loss but returns to profitability in Q4 2016
- February 17, 2017

Cenovus Energy shares last traded at $13.87, with a volume of 4,491,665 shares changing hands. In front of fourth-quarter earnings release on Thursday, Feb 16, 2017, 10 analysts are forecasting profits of -$0.03 per share, with views ranging from an ultra-tight -$0.15 to $0.12. (more...)
For food manufacturers, 'sell by' labels may have reached their expiration date For food manufacturers, 'sell by' labels may have reached their expiration date
- February 17, 2017

Studies have shown that 90 percent of consumers are confused by date labeling, resulting in an excess of food waste. The new initiative cuts the label messages down to two standard phrases. Back in December, the USDA asked manufacturers of meat, dairy, and eggs to use just one label " BEST IF USED BY ". Well, it looks like the food industry is taking note of consumer frustration over this. (more...)
MBA: Mortgage applications drop as refi demand reaches record low
- February 17, 2017

The serious delinquency rate, the percentage of loans that are 90 days or more past due or in the process of foreclosure, was 3.13 percent, an increase of 17 basis points from last quarter, and a decrease of 31 basis points from previous year. (more...)
Bombardier says turnaround is 'in full motion' Bombardier says turnaround is 'in full motion'
- February 17, 2017

The federal government's $372.5-million loan to Bombardier won't be fully repaid for 15 years, and those repayments will depend on the number of business jets and CSeries aircraft sold. Looking forward, the company expects to resume revenue growth in the low-single digits during 2017, driven by an increase in Transportation revenues and an acceleration of C Series aircraft deliveries. (more...)
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...)

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