Markets


Walmart beats as online sales continue to surge
- February 22, 2017

LeJeune Puetz Investment Counsel LLC acquired a new position in Wal-Mart Stores during the fourth quarter valued at $663,000. Wal-Mart's recession resistance and economies of scale have helped the company to increase its dividends every year for more than 4 consecutive decades. (more...)
Russian and Libyan state oil giants sign deal
- February 22, 2017

In the statement, the NOC said it also signed a crude oil offtake agreement with Rosneft, but gave no details of the deal. In early February, Austrian energy company OMV reported that improved political and security situation in Libya meant it was able to start production at two of the country's larger oil fields. (more...)
Michael Flynn's letter of resignation as national security adviser Michael Flynn's letter of resignation as national security adviser
- February 22, 2017

Harward met with top White House officials last week and has the backing of Defense Secretary Jim Mattis. The drama over Flynn now threatens to morph into a much wider and more damaging controversy for the White House, that could involve congressional investigations and possibly shake loose even more allegations about the administration's conduct and relationship with Moscow. (more...)
Wal-Mart (WMT) Q4 Earnings, Revenues Beat on Strong Comps
- February 22, 2017

Wal-Mart has retooled its own online shopping programs and bought up some smaller companies with online strengths. The weekly chart for the Dow remains positive but overbought with the average above its five-week modified moving average of 20,027.90 and well above its 200-week simple moving average of 17,161.20. (more...)
Lloyds posts bumper $A6.8b profit Lloyds posts bumper $A6.8b profit
- February 22, 2017

Company has a 52-Week High of -22.80% and a 52-Week Low of 38.15%. Five research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and fifteen have issued a buy recommendation on the company. Lloyds Banking Group plc (NYSE:LYG) topped its 52-week high price of $4.42 on May 25, 2016 and 52-Week Low Price of $2.47 on Jul 6, 2016. This story was first posted by BBNS and is the property of of BBNS. (more...)
Govt has no plan to reintroduce Rs 1000 notes: Economic Affairs Secy
- February 22, 2017

In a tweet, he added that the focus presently is on production and supply of Rs 500 currency notes and those of lower denomination. The Centre's Narendra Modi government has clarified that it had no plans to reintroduce Rs 1,000 notes as reported in media on Tuesday. (more...)
UPS begins testing drones for package delivery UPS begins testing drones for package delivery
- February 22, 2017

This same drone delivered said package and returned to the truck while the driver continued on with their daily route. "This is a big step toward bolstering efficiency in our network and reducing our emissions at the same time". The company says it successfully tested the HorseFly drone yesterday in Lithia, FL, along with the company that built both the drone and the electric UPS vehicle that launches it, Workhorse Group. (more...)
Wal-Mart Canada's sales soften in fourth quarter Wal-Mart Canada's sales soften in fourth quarter
- February 22, 2017

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Several hedge funds and other institutional investors have recently made changes to their positions in WMT . (more...)
Levee breech forcing evacuations in San Joaquin County halted Levee breech forcing evacuations in San Joaquin County halted
- February 22, 2017

Residents can stay up to date by checking the San Joaquin County Office of Emergency Service's website . Considering how much higher the water promised to rise in the storm system, some wondered how long it would be before water topped a local levee. (more...)
All You Need To Know About The Newly Launched BharatQR All You Need To Know About The Newly Launched BharatQR
- February 22, 2017

Bharat QR is an initiative by the four main card companies, NPCI (RuPay card), Mastercard, Visa and American Express to have a single QR code identification platform. You don't need to enter the amount. There is no need to key in any details. Recently, the government has introduced a mobile app 'BHIM' in order to encourage people in paying digitally. (more...)
Wal-Mart Stores, Inc. (WMT) Rating Reiterated by BMO Capital Markets
- February 22, 2017

The 21 analysts gave Hold ratings in recent rating. Company shares have received an average consensus rating of Hold for the current week Wal-Mart Stores, Inc. If you are viewing this article on another website, it was illegally stolen and republished in violation of global trademark & copyright laws. The correct version of this story can be read at https://www.com-unik.info/2017/02/21/wal-mart-stores-inc-wmt-given-a-75-00-price-target-at-sanford-c-bernstein.html. (more...)
Stifel Just Issued Stifel Just Issued "Hold" Rating on Campbell Soup Company (CPB)
- February 22, 2017

Campbell Soup Company (NYSE:CPB) closed down -4.07 points or -6.51% at $58.48 with 6.12 mln shares exchanging hands. Zacks Investment Research lowered Campbell Soup Company from a "buy" rating to a "hold" rating in a research note on Thursday, December 1st. (more...)
Police 'High Five Friday' Program Ends Amid Backlash Police 'High Five Friday' Program Ends Amid Backlash
- February 22, 2017

At the gathering, "people were specifically concerned about kids of color, undocumented children, or any children who may have had negative experiences with the police", according to the department. "We thought it was a great way to start building relationships with young kids", Chief Jody Kasper told The Daily Hampshire Gazette (http://bit.ly/2lBXN00 ). (more...)
Stock Price of Wal-Mart Stores, Inc. (WMT) Increases 1.98% Stock Price of Wal-Mart Stores, Inc. (WMT) Increases 1.98%
- February 22, 2017

The results sent Wal-Mart shares up 3 percent Tuesday to close at $71.45. Wal-Mart shares rose more than 3 per cent as its results bucked a string of disappointing holiday sales figures from rivals including Target Corp. Company insiders own 51.55% of the company's stock. Wal-Mart now offers 35 million items on Marketplace, a quadrupling from a year ago. The National Retail Federation, the nation's largest retail trade group, estimates the proposal would cost the average family $1,700 in the ... (more...)
Saudi Aramco Selects Lead Underwriters for $100 Bln IPO
- February 22, 2017

Saudi Arabia is favouring NY to list state oil giant Saudi Aramco IPO-ARMO.SE , while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. "Saudi Aramco regrets to inform the death of one contractor, and three other injuries involving one employee and two contractors", Aramco said in a statement. (more...)
Sonowal thanks Centre for oil royalty
- February 22, 2017

Informing this at a press conference here today, Assam Finance Minister Dr Himanta Biswa Sharma said, "Out of Rs 6,320 crore due to us, the Centre will release 15 per cent of it, amounting to Rs 948 crore within next month". However, keeping in view representation made by the companies, statutory provisions and the opinion of the Law Ministry on the issue, the Petroleum Ministry on May 23, 2008 withdrew the provisions that the revenue of the state government in term of royalty on crude oil ... (more...)
Walmart cashier pays for family's groceries Walmart cashier pays for family's groceries
- February 22, 2017

I didn't know any of that. "And she was like, 'What?' I said, 'God told me to give you $100'". After Dasant used her own credit card to pay $100 toward the family's bill, a delighted Jordan asked if she could take a photo together and post it to Facebook . (more...)
Norton Rose Fulbright agrees combination with Chadbourne & Parke Norton Rose Fulbright agrees combination with Chadbourne & Parke
- February 22, 2017

To view the full article, register now. Norton Rose Fulbright posted global revenue of $1.74bn (£1.38bn) in 2015, with Chadbourne posting revenue of $249m (£198m). The deal comes less than six months after NRF merged with 90-lawyer Canadian firm Bull, Housser & Tupper, its third Canadian merger. As demand for legal work handled by numerous nation's largest law firms flatlines, mergers in the industry are on the rise. (more...)
Fairfax profit jumps but mooted Domain sale now a giveaway
- February 22, 2017

Fairfax has nearly trebled its profit, posting net earnings of $83.7 million, despite a continued decline in revenue. "The separation of Domain would further reshape the Fairfax portfolio by adopting a more flexible corporate structure to maximise shareholder value", Mr Hywood today said in a statement. (more...)
Bristol-Myers Rises After Report That Carl Icahn Owns Stake
- February 22, 2017

Jefferies Group LLC reissued a "hold" rating and issued a $58.00 price objective (up from $54.00) on shares of Bristol-Myers Squibb Company in a research note on Monday, October 31st. 10/10/2016 - Bristol-Myers Squibb Company had its "hold" rating reiterated by analysts at SunTrust. EPS growth in next year is estimated to reach 10.01% while EPS growth estimate for this year is set at 184.60%. (more...)

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