Markets


US Dollar firms on Fed rate hike talk, Trump promises spending boost US Dollar firms on Fed rate hike talk, Trump promises spending boost
- March 01, 2017

Oil prices, by contrast, dipped modestly as the dollar advanced and traders priced-in the 2.5 million barrel increase for US crude stocks reported Tuesday by the American Petroleum Institute. With Trump set to deliver his first major policy speech to Congress in Washington, speculation on whether he'll deliver details or be able to convince lawmakers to go along with his proposals had investors unwilling to add to riskier bets with stocks near all-time highs. (more...)
GDP: US Economy Slowed During Obama's Final 4Q GDP: US Economy Slowed During Obama's Final 4Q
- March 01, 2017

Demonetisation of Rs 500 and Rs 1000 currency notes pulled the Indian economy down to an estimated seven per cent GDP growth in Quarter 3 (October-December) of the financial year 2016-17. While the CSO's GDP estimate for 2016-17 is evidently higher than that of most others (see chart), many analysts said the growth assumed by it for the second half (6.8%) was optimistic. (more...)
TheStreet Lowers Brocade Communications Systems, Inc
- March 01, 2017

One research analyst has rated the stock with a sell rating, nineteen have given a hold rating and two have given a buy rating to the stock. The 9 analysts offering 12-month price forecasts for Brocade Communications Systems Inc have a median target of 12.75, with a high estimate of 13.00 and a low estimate of 11.50. (more...)
Stock Alert: Cliffs Natural Resources Inc. (NYSE:CLF) Stock Alert: Cliffs Natural Resources Inc. (NYSE:CLF)
- March 01, 2017

There are 5 equity research firms advocating a Hold and 0 consider it Sell. Moreover, Macquarie issued Upgrade rating for the stock on 10-Jun-16. Additionally, Credit Suisse Initiated its ratings on the stock to Underperform. The firm attains analyst recommendation of 2.90 on scale of 1-5 with week's performance of -1.12%. Five investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. (more...)
AO World PLC (AO) Given "Hold" Rating at Shore Capital
- March 01, 2017

In addition to RBC Capital Markets reporting its stock price target, a total of 20 brokers have issued a research note on the company. Finally, Numis Securities Ltd lifted their price target on shares of Hays plc from GBX 130 ($1.62) to GBX 160 ($1.99) and gave the stock a hold rating in a report on Friday, January 13th. (more...)
Kite Pharma Inc (KITE) PT Raised to $85.00 at HC Wainwright Kite Pharma Inc (KITE) PT Raised to $85.00 at HC Wainwright
- March 01, 2017

In a research note issued on Jan 19, 2016, analysts at FBR Capital lifted the stock to Outperform from Mkt Perform. Zacks Investment Research cut shares of Kite Pharma from a "hold" rating to a "sell" rating in a report on Wednesday, February 8th. (more...)
Asian stocks close higher, dollar steady before Donald Trump speech Asian stocks close higher, dollar steady before Donald Trump speech
- March 01, 2017

President Donald Trump to the U.S. Congress limited the move. The sharp shift came despite disappointing US fourth-quarter gross domestic product growth, as downward revisions to business and government investment offset robust consumer spending. (more...)
Snapchat vs Instagram: US user battle hots up ahead of Snap's IPO Snapchat vs Instagram: US user battle hots up ahead of Snap's IPO
- March 01, 2017

U.S. usage of the platform will jump 14.2% compared with a year ago, with growth continuing through to 2021 when its total user base is expected to hit 89.2 million, with users aged between 35 and 54 expected to provide the bulk of the growth during the forecast period (see chart immediately below). (more...)
Big budget boost for United States military Big budget boost for United States military
- March 01, 2017

Recalling back in his younger days he said America never lost a war, and said now they don't win. The president continued, "We have to win". He went on to say that "there is a need for a dramatic increase in spending on the civilian instruments of national security - diplomacy, strategic communications, foreign assistance, civic action, and economic reconstruction and development...." "We have to win". (more...)
India factory activity expands at a slightly faster pace in Feb India factory activity expands at a slightly faster pace in Feb
- March 01, 2017

China's factory activity picked up pace last month, surveys on Wednesday, March 1, 2017 showed, adding to recent evidence that a key sector of the world's No. It means that the sub-sector has now expanded continuously for over four years. The official survey is tilted more toward larger, state-run enterprises while the survey by financial magazine Caixin is focused on small and medium private companies. (more...)
Parent company of Kay Jewelers hit with sexual assault allegations
- March 01, 2017

Hundreds of documents in the decade-long class action arbitration battle were made public Sunday, and they painted a disturbing tale of unwanted sexual advances and a pattern of unjustly firing anyone who protested the behaviors, The Washington Post reported Monday. (more...)
Foot Locker (FL) Worth a Look: Stock Adds 9.3% in Session Foot Locker (FL) Worth a Look: Stock Adds 9.3% in Session
- March 01, 2017

Zacks Investment Research upgraded shares of Foot Locker from a "sell" rating to a "hold" rating and set a $76.00 target price on the stock in a report on Monday, November 7th. on 02/24/2017 reported its EPS as $1.13 with the analysts projecting the EPS of the stock as $1.11. Shares of Foot Locker (NYSE:FL) opened at 68.58 on Friday. (more...)
Southwestern Energy Company (SWN) held by 65 SEC 13F Filers Southwestern Energy Company (SWN) held by 65 SEC 13F Filers
- March 01, 2017

This company shares are 75.56% off its target price of $13.36 and the current market capitalization stands at $4.28B. Many research firms have provided their ratings on Southwestern Energy Company (NYSE:SWN) where Barclays provided Equal Weight rating on the stock on 23-Jan-17. (more...)
Royal Bank of Canada Reaffirms "Outperform" Rating for TransCanada Co. (TRP)
- March 01, 2017

The Iroquois pipeline transports natural gas under long-term contracts and extends from the TransCanada Mainline system at the U.S. border near Waddington, New York to markets in the U.S. This news story was originally published by BBNS and is the property of of BBNS. If you are accessing this story on another site, it was stolen and reposted in violation of U.S. (more...)
Trump's trade czar expected to get easy US Senate confirmation Trump's trade czar expected to get easy US Senate confirmation
- March 01, 2017

Senators from both political parties were deferential to Ross at his almost four-hour confirmation hearing Monday, which was much more subdued than the confirmation hearings of other Trump nominees. As a high-stakes investor a decade ago, Ross specialized in turning around troubled manufacturing companies at a time when the US economy was losing more than 100,000 jobs yearly due to global trade. (more...)
UW among Peace Corps' 2017 Top Volunteer-Producing Colleges & Universities UW among Peace Corps' 2017 Top Volunteer-Producing Colleges & Universities
- March 01, 2017

The rankings are based on fiscal year 2016 data as of September 30, 2016, as reported by Peace Corps volunteers, according to the press release. "For me, serving in the Peace Corps stems from the Wisconsin Idea, which is taking the experiences and knowledge I learned at Madison and applying them beyond the state borders", she said. (more...)
What are Analysts report about: JPMorgan Chase & Co. (NYSE:JPM)
- March 01, 2017

JPMorgan Chase & Co.'s (JPM) witnessed a gain of 0.11% in recent trading period with closing price of $ 90.43. (NYSE:JPM) posted earnings of $1.58/Share in the previous quarter, as compared to earnings of $1.44/share estimated by analysts. The stock is now trading 15.33% above its SMA 50 and 23.51% above its SMA 200. The ex-dividend date is Wednesday, January 4th. Analysts had expected JPMorgan Chase & Co. (more...)
Benedict Cumberbatch to star as playboy in new TV show
- March 01, 2017

We've got (sort of) good news for 'Sherlock' fans in need of their next Benedict Cumberbatch fix, as the actor will be back on TV screens later this year. The time frame spans the south of France in the 1960s, NY in the 1980s and London in the early 2000s. Benedict Cumberbatch is all about book-to-TV adaptations. (more...)
Hot Energy Stocks: Enbridge Inc. (ENB), Chesapeake Energy Corporation (CHK) Hot Energy Stocks: Enbridge Inc. (ENB), Chesapeake Energy Corporation (CHK)
- March 01, 2017

CHK has been the subject of several other research reports. Analysts expect Chesapeake Utilities Corporation to post earnings of $0.72 per share and revenue of $116.70 million for the quarter. However its lowest revenue estimates are $2.07B and highest revenue estimates are $2.52B. During the same period past year, the firm posted ($0.16) EPS. (more...)
Goodyear Tire & Rubber Co (NASDAQ:GT): Check on Ratings Goodyear Tire & Rubber Co (NASDAQ:GT): Check on Ratings
- March 01, 2017

Followers track whether firms "hit their consensus", simply explained, can firms succeed to excel analysts' mean target. According to a research note disclosed on May 20, 2016, analysts at Standpoint Research have upped their rating on these shares from Hold to Buy. (more...)