Markets


Research Analysis of Kohl's Corp. (NYSE:KSS)
- February 28, 2017

Kohl's Corporation comprises 2.1% of Ranger International Management LP's holdings, making the stock its 22nd largest position. They issued a neutral rating and a $45.00 target price for the company. If you are accessing this piece on another domain, it was stolen and republished in violation of worldwide copyright laws. Stockholders of record on Wednesday, March 8th will be given a dividend of $0.55 per share. (more...)
SoftBank Puts $1.7 Billion into Merger of OneWeb and Intelsat
- February 28, 2017

Sky News has learnt that discussions involving a combination of OneWeb - shareholders in which include Airbus, The Coca-Cola Company and Virgin Group - and Intelsat are at an advanced stage. By combining, the companies could potentially save on network costs and expand the types of customers Intelsat has. Intelsat, which is headquartered in Luxembourg, is the world's largest satellite services business, and provides commercial satellite capacity to the United States government and a number ... (more...)
Q3 GDP growth surprises at 7%; full year estimates at 7.1% Q3 GDP growth surprises at 7%; full year estimates at 7.1%
- February 28, 2017

Croatia's gross domestic product (GDP) increased by a real 2.9% in 2016, the country's State Statistics Office said on Tuesday in a flash estimate. In the quarter ended December 31, 2015 the GDP growth was 7.2 per cent. The data further revealed that Gross Fixed Capital Formation (GFCF) at current prices is estimated at Rs 40.97 lakh crore in 2016-17 as against Rs 39.89 lakh crore in last fiscl. (more...)
Analysts At RBC Capital Markets Reiterated Nordstrom, Inc. (NYSE:JWN) As Outperform Analysts At RBC Capital Markets Reiterated Nordstrom, Inc. (NYSE:JWN) As Outperform
- February 28, 2017

Zions Bancorporation's holdings in Nordstrom were worth $1,037,000 at the end of the most recent reporting period. A number of analysts recently weighed in on the stock. The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. This represents a $1.48 annualized dividend and a dividend yield of 3.04%. (more...)
FCC chair also thinks AT&T-Time Warner deal none of agency's business
- February 28, 2017

There are two potential government groups that might have a say in whether the deal AT&T goes through: the FCC and the Department of Justice (DOJ). The Trump-appointed Commissioner explained how the merger of the second largest wireless carrier in the United States and the New York City-based entertainment conglomerate is structured in a way that avoids transfer of airwave licenses, thus not warranting a review by the FCC. (more...)
Donald Trump eyes massive hike in U.S. defence budget for stronger military Donald Trump eyes massive hike in U.S. defence budget for stronger military
- February 28, 2017

Now WHCA will have to be hosting the "Not the President White House Correspondents Dinner". Presidents have historically poked fun at themselves in speeches and skits and the opening toast of the WHCA has been "To the President of the United States". (more...)
Where to watch the 89th Academy Awards around the world Where to watch the 89th Academy Awards around the world
- February 28, 2017

Here is a look at some of those reactions. PricewaterhouseCoopers (PwC), the accounting firm responsible for tabulating Oscar ballots and safeguarding the results until they are announced, apologised. After sweeping its seven nominations at last month's Golden Globes, " La La Land " is poised for an even bigger haul Sunday after tying an Oscars record with 14 nominations. (more...)
AmTrust Financial Services, Inc. (AFSI) Announces Earnings Results AmTrust Financial Services, Inc. (AFSI) Announces Earnings Results
- February 28, 2017

AmTrust Financial Services (NASDAQ:AFSI) opened at 27.66 on Monday. During the same period past year, the firm earned $0.67 earnings per share. The stock has a 50 day moving average price of $27.10 and a 200-day moving average price of $26.66. (more...)
Ofcom to cut bills for BT landline customers Ofcom to cut bills for BT landline customers
- February 28, 2017

The move comes at a sensitive time for the former telecoms monopoly which is now under pressure to give more independence to its network division Openreach. The proposed change would see price cuts of between £5 and £7 per month to the line rental for BT landline-only customers. "This would mean savings for landline-only customers across the market", the regulator said. (more...)
Tata Sons, DoCoMo to settle $1.17 billion legal dispute: Nikkei
- February 28, 2017

When DoCoMo chose to quit the JV in 2014, Tata Tele was unable to find a buyer for the Japanese firm's stake and offered to buy the stake itself for half of DoCoMo's $2.2 billion investment. Tata Sons, the conglomerate's holding company, will pay the full amount of damages sought by the Japanese mobile carrier. In today's filing to the Delhi High Court, Tata and DoCoMo have reportedly submitted that the companies would not oppose RBI intervention in settlement terms. (more...)
MediaTek's revamped 10-core chip will be hitting phones in Q2
- February 28, 2017

While the company had already introduced the chip in August a year ago and was said to be manufactured using a 10nm process, there was few details about the chip. "A new vision processing unit paired to the image signal processors provides a dedicated processing platform for numerous camera features, freeing up the CPU and GPU and saving power", said MediaTek. (more...)
Duterte restarts war on drugs after police inquiry Duterte restarts war on drugs after police inquiry
- February 28, 2017

Therefore, he said Dela Rosa had to find people whom he could trust to handle the anti-illegal drugs campaign. Likewise, Dela Rosa pointed out they need not finish the "internal cleansing" before returning to the "war on drugs" because the cleansing of their ranks is for an indefinite period. (more...)
S&P, Dow hit record highs on Trump's policy comments S&P, Dow hit record highs on Trump's policy comments
- February 28, 2017

The Standard & Poor's 500 index fell 4 points, or 0.2%, to 2,362. Among stocks, electric carmaker Tesla fell almost 4 percent to $246.42 after Goldman Sachs downgraded the company's stock to "sell" from "neutral" and lowered its price target. (more...)
Bank strike: Over 450 branches to remain closed today Bank strike: Over 450 branches to remain closed today
- February 28, 2017

They have also demanded adequate recruitment in all cadres, stringent measures to recover bad loans and accountability of top executives. About 10 lakh bank employees and officers from public, private and foreign banks are observing a one day strike against the alleged anti-labour reforms and anti-people reforms in the banking industry. (more...)
White House Bars NY Times, LA Times, Other Media from Press Briefing
- February 28, 2017

Other news organizations and groups also criticized the White House for denying access to some outlets while granting it to different ones. "We strongly protest the exclusion of The New York Times and the other news organisations". About two hours later, Trump repeated familiar complaints about the "dishonest media" with a new twist: saying without evidence that news organizations fabricate sources for stories . (more...)
Hot Stock's Alert: Johnson & Johnson (NYSE:JNJ), L Brands, Inc. (NYSE:LB)
- February 28, 2017

Wheatland Advisors Inc.'s holdings in Johnson & Johnson were worth $2,198,000 at the end of the most recent quarter. A number of other large investors also recently added to or reduced their stakes in JNJ. The company's revenue was up 1.7% compared to the same quarter a year ago. While in the same Quarter Previous year, the Actual EPS was $1.73. For the next 5 years, Johnson & Johnson is expecting Growth of 5.91% per annum, whereas in the past 5 years the growth was 6.39% per annum. (more...)
Solange, A Tribe Called Quest Announced As Pitchfork Music Festival Headliners Solange, A Tribe Called Quest Announced As Pitchfork Music Festival Headliners
- February 28, 2017

Solange , A Tribe Called Quest and LCD Soundsystem will close the three respective days of the festival, with Solange taking the final Sunday night slot. The Saint Heron-curated event series will feature an onsite art installation, film screening, artist talks, late night jazz jam sessions, and more. (more...)
Enbridge Inc. (NYSE:ENB) and Spectra Energy Merger Expected to Close
- February 28, 2017

Harvest Fund Advisors LLC now owns 9,595,124 shares of the company's stock valued at $222,607,000 after buying an additional 2,545,503 shares during the last quarter. Earnings per share were $0.43. This story was first posted by [[site]] and is the sole property of of [[site]]. The business also recently announced a quarterly dividend, which was paid on Tuesday, February 14th. (more...)
Wild's Parise, Pominville Diagnosed With Mumps
- February 28, 2017

The team said they are working with local health authorities, the National Hockey League and NHLPA to help prevent the further spread of the contagious illness. Troy Stecher is reportedly the only player with a confirmed case but six other players are ill with suspected cases. It can be contracted by sharing utensils or cups with an infected person or breathing in salvia droplets after they sneeze or cough. (more...)
US Durable Goods Orders Top Expectations US Durable Goods Orders Top Expectations
- February 28, 2017

Excluding transport, new orders fell 0.2%, missing expectations for a 0.5% jump. Orders for computers and communications equipment saw their largest decreases since 2015, with communications products falling five percent for the month to $3.8 billion. (more...)