Markets


Popular Stock to Observe: Newmont Mining Corporation (NYSE:NEM) Popular Stock to Observe: Newmont Mining Corporation (NYSE:NEM)
- February 28, 2017

Following the completion of the transaction, the executive vice president now directly owns 43,295 shares of the company's stock, valued at approximately $1,551,259.85. The forecast of 9 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The call for hold was given by 9 analysts while call for sale was recommended by 1 analyst. (more...)
DCW asks Facebook to deactivate accounts threatening DU student Gurmehar Kaur DCW asks Facebook to deactivate accounts threatening DU student Gurmehar Kaur
- February 28, 2017

She later left Delhi for Jalandhar. Kaur, 20, from Lady Shri Ram College, said she was withdrawing from the campaign she ignited against the Akhil Bharatiya Vidyarthi Parishad on social media and urged everyone to leave her alone. She also revealed that she had received death and rape threats. "2000 people in solidarity!" The Minister said if there was any threat to Kaur, it should be dealt with sternly. (more...)
Index funds always better than picking stocks, Warren Buffett says Index funds always better than picking stocks, Warren Buffett says
- February 28, 2017

Buffett talked at length, as he has done in the past, about how Berkshire's corporate philosophy has shifted over time from primarily holding common stocks in insurance subsidiaries to being outright owners of businesses. Speaking on CNBC , Buffett said Berkshire now owns 133 million shares of Apple that are worth about $17 billion, and that Apple is now the second-largest holding in his company after only Coca-Cola. (more...)
Exxon Mobil Corp. (XOM) Position Boosted by the Vector Wealth Management LLC
- February 28, 2017

Rules"). AMG Funds LLC's holdings in Exxon Mobil were worth $1,771,000 at the end of the most recent reporting period. Tuttle Tactical Management LLC bought a new position in Exxon Mobil during the second quarter valued at approximately $125,000. (more...)
Hyperloop One enters India, proposes super-fast transportation system to the country Hyperloop One enters India, proposes super-fast transportation system to the country
- February 28, 2017

US-based Hyperloop One (H1) on Tuesday made a strong pitch for Indian market to move people and goods much faster way using magnetic levitation technology. Out of 2,600 registrants from 90 countries, Hyperloop One has come down to 35 semi-finalists with India leading the way with the highest number of registrants and the most vocal supporters on social media. (more...)
Stocks under Review: Facebook, Inc. (NASDAQ:FB), Kinder Morgan, Inc. (NYSE:KMI)
- February 28, 2017

The liquidity measure in recent quarter results of the company was recorded 0.50 as current ratio, on the other side the debt to equity ratio was 1.16, and long-term debt to equity ratio remained 1.16. A number of research firms have commented on KMI. BMO Capital Markets upgraded Kinder Morgan from a "market perform" rating to an "outperform" rating and raised their target price for the stock from $21.11 to $26.00 in a research note on Monday, October 24th. (more...)
Checking the Overall Picture for Emerson Electric Co. (EMR)
- February 28, 2017

HSBC started coverage on shares of Emerson Electric Company in a research report on Friday, October 7th. Several other hedge funds and other institutional investors have also bought and sold shares of the company. They now have a United States dollars 39 price target on the stock. Emerson Electric Co. (NYSE:EMR)'s growth estimate is -12.1 percent for the current quarter. (more...)
Stock Price of Halliburton Company (HAL) Decreases -1.56%
- February 28, 2017

Shares of Halliburton Company are now valued at $53.20 with a furture target price of $63.70 according to research brokerages. Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. The ex-dividend date of this dividend is Monday, December 5th. This represents a $0.72 dividend on an annualized basis and a yield of 1.36%. The shares were sold at an average price of $54.50, for a total value of $142,299.50. (more...)
Philip Green to pay £363m to BHS pension scheme
- February 28, 2017

BHS collapsed into administration nearly a year ago after Green had sold the department store chain to Retail Acquisitions, a company owned by former bankrupt Dominic Chappell, leading to the loss of 11,000 jobs and leaving a £571m pension deficit. (more...)
PSV goalie Jeroen Zoet scores one of the strangest own goals ever PSV goalie Jeroen Zoet scores one of the strangest own goals ever
- February 28, 2017

The own goal that knocked PSV out of the Eredivisie title race. The 2-1 loss hurt PSV's chances at becoming back-to-back Eredivisie champions (they're now third), while Feyenoord continues to sit mightily at the top of the league. He told NOS: 'This is seriously f***** up, the goal-line technology made the difference and things could have been different if it had not. Possibly the best thing about this was not the goal itself, but Zoet's hilarious reaction to it after the game. (more...)
Starbucks to open high-end Roastery in Italy Starbucks to open high-end Roastery in Italy
- February 28, 2017

Starbucks is making a big bet on Italy, the home of espresso, with plans to debut in Milan late next year with a sprawling, super-premium Reserve Roastery in a turn-of-the-century post office building on Piazza Cordusio. Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Schultz reiterated previous estimates that the company will open "at least a thousand" Starbucks Reserve stores and remodel others to incorporate "Reserve ... (more...)
Oil prices edge higher as Opec complies with output cut deal Oil prices edge higher as Opec complies with output cut deal
- February 28, 2017

About 63 percent of the GIQ survey audience were of the opinion that absolute Brent prices would not dip below $40/bbl while 20 percent were somewhat less optimistic choosing $30/bbl as the floor for 2017. Expectations of a build in USA crude oil inventories on the back of rising output pushed crude oil prices lower in early Tuesday trading. "$60 will not encourage that big increase in shale", said one OPEC source, adding that shale oil production is expected to grow by about 300,000 bpd ... (more...)
Brokers Set Expectations for Cabot Oil & Gas Corporation's FY2018 Earnings (COG)
- February 28, 2017

To accommodate long-term intention, experts calculate Return on Investment of -34.30%. The firm earned $316.50 million during the quarter, compared to analyst estimates of $358.55 million. Dinges, Chairman, President and Chief Executive Officer. The company has a market cap of $113.24B and now has 1.4B shares outstanding. The liquidity measure in recent quarter results of the company was recorded 14.80 as current ratio, on the other side the debt to equity ratio was 0.01, and long-term debt ... (more...)
Home Prices Up 5.8% in December Home Prices Up 5.8% in December
- February 28, 2017

Year over year, home prices rose 5.8 percent in December, up from November's 5.6 percent annual gain. Home prices have continued to rise particularly fast out West, with the highest year-over-year price increases once again seen in Seattle (10.8%), Portland (10%) and Denver (8.9%). (more...)
GST to be implemented from July 1, 2017: Shaktikanta Das
- February 28, 2017

However, it remains to be seen whether all the laws are brought into the Budget session of the Parliament starting March 9. The Goods and Services Tax will come to effect from July 1, officials said. The Constitution (122nd Amendment) Bill for the rollout of the Goods and Services Tax (GST) was passed by the Lok Sabha a year ago, with 443 members present in the House voting in favour of the legislation. (more...)
Buffett loves Apple Inc - nowhere to 2nd in Berkshire's $122bn portfolio Buffett loves Apple Inc - nowhere to 2nd in Berkshire's $122bn portfolio
- February 28, 2017

Apple is now Berkshire's second-largest holding after only Coca-Cola, and the company's stake in Apple is worth nearly $18 billion. Berkshire said it earned $6.29 billion, or $2.55 per Class B share. Overall, Buffett told the television network, Berkshire has spent about $20 billion on stocks since just before the US election in November, adding that he thinks the USA market is cheap with interest rates at current levels. (more...)
Broker Outlook For The Week Ahead Exelixis, Inc. (NASDAQ:EXEL)
- February 28, 2017

The analysts noted that the move was a valuation call. EXEL has been the topic of several research reports. Exelixis, Inc. (NASDAQ:EXEL) [ Trend Analysis ] shows fluctuation in active trade, on Monday shares fell -0.23% to $21.69. (NASDAQ:EXEL) announced a new collaboration with Roche on a phase 1b dose escalation study that will evaluate the safety and tolerability of cabozantinib, Exelixis' tyrosine kinase inhibitor (TKI), in combination with atezolizumab, Roche's anti-PD-L1 ... (more...)
Iraqi forces seize key Mosul bridge
- February 28, 2017

Since government forces broke through the city's southern limits on Thursday, more than 10,000 civilians have fled ISIL-held areas, seeking medical assistance, food and water, Iraqi commanders said. The PMU troops say they plan to send the dog to Baghdad Zoo "for a nice break from the war zone". Aside from closer involvement of United States troops in the fighting, the Trump administration has so far changed very little in operations against Isis initiated under President Obama. (more...)
Banned Nerve Agent Killed Kim Jong Nam Within 20 Minutes, Malaysia Says
- February 28, 2017

Late Wednesday, they released a Malaysian man who was said to be the Indonesian woman's boyfriend. He also told lawmakers that five senior North Korean ministry officials were recently executed, supposedly by an antiaircraft machine gun, and that Kim Won-hong, former head of the North Korean State Security Ministry, was removed from his job and is now being detained for giving false reports to leader Kim Jong-un. (more...)
Target's stock plunges after profit miss, downbeat outlook Target's stock plunges after profit miss, downbeat outlook
- February 28, 2017

The company's recent warning had suggested a profit of between $1.45 to $1.55 per share was in the cards, down from previous guidance of between $1.55 to $1.75 per share. This represents a $2.40 annualized dividend and a yield of 3.61%. The ex-dividend date is Monday, February 13th. Target Corporation's dividend payout ratio (DPR) is presently 42.93%. (more...)