Markets


Facebook Wants To Start Streaming Major League Baseball Games
- February 23, 2017

But that's what makes them an interesting and fun part of the game. "Las Vegas could be a viable market for us", Manfred said during his Cactus League news conference in Phoenix. Now would Girardi's idea actually speed up games? "It would save time", he said. "I think it's important for us to get together and figure out issues about the pace of the game, and it's best to get everybody's opinion, " Counsell said. (more...)
Stock Price of Goldman Sachs Group, Inc. (The) (GS) Increases 3.16% Stock Price of Goldman Sachs Group, Inc. (The) (GS) Increases 3.16%
- February 23, 2017

That said , Goldman's stock is only up about 5 percent in 2017, as investors await more clarity about Trump's plans. Goldman Sachs analysts have made no secret about their cautious attitude toward the market. The stock traded at a volume of 2.79 million shares. The company's P/E is 15.3 and Forward P/E ratio is 11.5. The stock has Return on Assets (ROA) of 0.8 percent. (more...)
Ctrip.Com beats 4Q profit forecasts Ctrip.Com beats 4Q profit forecasts
- February 23, 2017

Last time the company reported, Ctrip.com International, Ltd. (CTRP) generated $0.05 in earnings per share, beating the consensus estimate of $-0.56. Ctrip.com worldwide had a negative net margin of 11.48% and a negative return on equity of 3.17%. (more...)
Sonia urges people to vote for Congress Sonia urges people to vote for Congress
- February 23, 2017

Rae Bareli and Amethi are represented by Sonia Gandhi and her son, Congress Vice President Rahul Gandhi, in the Lok Sabha respectively. The Gandhi scion went on to quote a few lines of a famous Hindi film song: "I have a message for those spreading hatred, you will neither become a Hindu nor a Muslim, you are a human being's child and you will become a human being". (more...)
Brian Molefe is sworn in as an MP Brian Molefe is sworn in as an MP
- February 23, 2017

Pieter Groenewald, FF Plus leader, says. In 2016, Molefe quit as Eskom head shortly after the release of former Public Protector Thuli Madonsela's report " State of Capture ", which detailed extensive contact between him and the politically connected Gupta family. (more...)
Storm Doris is heading for Carmarthenshire Storm Doris is heading for Carmarthenshire
- February 23, 2017

A spokesman for the airport said this morning: "Strong winds and poor weather across the United Kingdom have resulted in approximately a..." "This will lead to disruption to transport and perhaps power supplies". Weather warnings are also in place across most of England, Wales and Northern Ireland. "We have got a fairly active area of low pressure coming in from the Atlantic", said Met Office forecaster Emma Sharples. (more...)
Earnings Guidance on PNC Financial Services Group, Inc. (The)(PNC) Earnings Guidance on PNC Financial Services Group, Inc. (The)(PNC)
- February 23, 2017

A number of key analysts, polled by FactSet, shared their views about the current stock momentum. According to the corporate earnings calendar, PNC Financial Services Group, Inc. The High Revenue estimate is predicted as 4.87 Billion, while the Low Revenue Estimate prediction stands at 4.61 Billion. The company's revenue was down.3% on a year-over-year basis. (more...)
Glencore swings to profit, restores dividend, as commodity prices rise
- February 23, 2017

Net income excluding one-off items jumped 48 percent to $2 billion. Net debt declined 40 per cent in 2016 to US$15.5 billion, below the company's previous target. That strategy combined with "increasingly favourable fundamentals" in the commodities market has fuelled a much rosier outlook for Glencore's shareholders, Glasenberg said in a statement. (more...)
Gold prices stable as investors eye interest rate hike clues from Fed
- February 23, 2017

The Australian dollar rose against USA dollar on Wednesday as the greenback weakened after Federal Reserve meeting minutes disappointed expectations for a hawkish tone. Overnight on Wall Street, the Dow Jones Industrial Average ended up nearly 0.2 percent, its ninth straight record-close. Even though the United States central bank has clearly signalled that it expects to hike interest rates three times this year, the market is only pricing in two rate rises. (more...)
Treasury Secretary Mnuchin Lays Out 'Aggressive Timeline' for Tax Reform
- February 23, 2017

Mnuchin said the administration is "primarily focused on a middle income tax cut and a simplification for business". He said he expects the administration to use optimistic economic growth forecasts of 3% or more when it estimates the cost of tax reform. (more...)
Wall St set to open flat ahead of Fed minutes
- February 23, 2017

She also said it is possible the central bank could raise rates during its coming meetings. The dollar rose 0.2 per cent against a basket of major currencies and 0.3 per cent versus the euro. US 10-year notes were last up 2/32 in price to yield 2.421 percent, compared with 2.427 percent on Tuesday. In commodities, oil prices gained in early Asian trade after data from the American Petroleum Institute showed a surprise drop in USA crude stocks last week. (more...)
Boston Scientific Corporation (NYSE:BSX), Yandex NV (NASDAQ:YNDX)
- February 23, 2017

Capital World Investors now owns 84,331,654 shares of the company's stock valued at $2,007,093,000 after buying an additional 2,391,520 shares during the last quarter. "Davidson Kempner Capital Management LP Acquires 100,000 Shares of Boston Scientific Corporation (BSX)" was originally published by BBNS and is the property of of BBNS. (more...)
American Express Company (AXP) Position Cut by ZWJ Investment Counsel Inc
- February 23, 2017

The company reported $0.91 EPS for the quarter, missing the analyst consensus estimate by $ -0.08. 25 Analysts reported that the Price Target for American Express Company might touch $97 high while the Average Price Target and Low price Target is $80.96 and $60 respectively. (more...)
Renshaw and Starc save the day for Australia Renshaw and Starc save the day for Australia
- February 23, 2017

The pitch at the Maharashtra Cricket Association Stadium, which is hosting its first test match, had a dusty dry look and was the center of attention in the build-up to this game. It was the 28th over of the morning and 100 minutes had passed before Yadav got his first opportunity to join the fray, but he needed just two deliveries to break the opening stand. (more...)
Tesla Model 3 production on track for July
- February 23, 2017

Tesla's total revenue (including solar energy and storage) grew by 73% for the full year . Meanwhile, Tesla missed yet another production goal in 2016. Cash increased by $300 million, from $3.1 billion at the end of the third quarter, to $3.4 billion in the fourth quarter. The recent announcement came as part of Tesla's 4th quarter earnings results. (more...)
The Ocado Group PLC (OCDO) Earns Reduce Rating from HSBC Holdings plc
- February 23, 2017

They now have a neutral rating on the stock. The average 12-month price objective among brokers that have issued a report on the stock in the past year is GBX 680.36 ($8.48). If we look at stock performance in last active day trading, we see that stock has moved down -5.31% to end the day at $41.58. Out of 0 brokerage recommendations, 0 gave a Strong Buy, 0 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell. (more...)
Barclays Rises on Expected Earnings, Weak Income (BCS) Barclays Rises on Expected Earnings, Weak Income (BCS)
- February 23, 2017

Banking giant Barclays has said it is "just months away" from completing a swingeing overhaul as it revealed profits almost trebled in 2016. The bank's chief executive Jes Staley told the BBC on Thursday that while Barclays remained committed to London, it was also considering adding hundreds of staff to offices in a number of European cities, including Dublin, Frankfurt and Milan. (more...)
Centrica returns to profit but outflow of customers continues
- February 23, 2017

Industry players are facing mounting pressure to treat customers fairly, having been criticised for being slow to pass on savings during dips in wholesale energy prices. "We've got lots of people moving prices in different directions, we're freezing ours, other people are putting theirs up". However, operating profit for its United Kingdom home supplying business fell eight per cent to £810m. (more...)
Stock's Earning Overview: General Electric Company (GE)
- February 23, 2017

The Stock now has a Weekly Volatility of 0.85% and Monthly Volatility of 1.09%. The company is set at a mean analysts' recommendation of 3.00. PM right now sits at consensus rating of 2.30 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and 0 suggest "HOLD". (more...)
Norwegian Air To Announce Low Cost Shannon-US Flights Today
- February 23, 2017

Norwegian Air said flying to smaller U.S. airports helps to lower fees. Double-daily transatlantic flights from Edinburgh: From 15th June 2017, Norwegian will launch new direct services from Edinburgh to Stewart International Airport, Providence Airport, and Bradley International Airport. (more...)

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