Markets


Dow Leaps Above 21000, a New Record, After Trump Speech Dow Leaps Above 21000, a New Record, After Trump Speech
- March 02, 2017

In his primetime speech, Trump cataloged steps his administration had already taken to cut regulatory measures meant to stave off corruption or protect consumers and the environment, but which can also create hurdles and reduce profits for corporations. (more...)
Hershey expects to cut workforce by 15 percent
- March 02, 2017

The Hershey layoffs are expected include $80 million to $100 million in separation benefits for employees. Hershey incoming president Michele Buck said the "Margin of Growth" program will allow the company to invest in parts of its business. (more...)
United Kingdom unions say Ford to axe 1100 jobs at Welsh engine plant
- March 02, 2017

However, Ford, which made around a third of Britain's total output of 2.4 million engines at Bridgend in 2015, disputed the unions' statement. "Ford must give this plant a chance and work with Unite to secure a better future. "The First Minister must now drop any engagements he has in Washington and travel straight to Detroit to speak with Ford executives and seek assurances over the Bridgend plant's long-term future", said Russell George, economy spokesman for the Welsh Conservatives. (more...)
McDonald's aims to win customers back with mobile ordering, delivery McDonald's aims to win customers back with mobile ordering, delivery
- March 02, 2017

Easterbrook has overseen the rollout of the company's all-day breakfast menu in the U.S that gained widespread attention, but was not popular enough to boost overall customer traffic. Later this year, McDonald's will roll out a new feature allowing customers to order food directly from their smartphone. The company has touted the changes it's making to improve its core menu, such as making its Chicken McNuggets without artificial preservatives and testing fresh beef for some burgers. (more...)
Investor Research Report on TD Ameritrade Holding Corporation (NASDAQ:AMTD)
- March 02, 2017

The Low Price target projection by analysts is $43 and the Mean Price Target is $49.04. AMTD has been the subject of a number of other reports. TD Ameritrade Holding Corp . Your own financial situation and investment needs are what matter. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of global trademark and copyright law. (more...)
Fiesta Restaurant Group Inc. (NASDAQ:FRGI) is Attracting Smart Money Fiesta Restaurant Group Inc. (NASDAQ:FRGI) is Attracting Smart Money
- March 02, 2017

Stoneridge Investment Partners LLC purchased a new position in shares of Fiesta Restaurant Group during the second quarter valued at approximately $1,819,000. The consensus mean EPS for the current quarter is at $ 0.38 derived from a total of 7 estimates. Comerica Bank boosted its position in Fiesta Restaurant Group by 3.0% in the fourth quarter. (more...)
TRI Pointe Group Inc (TPH) Cut to "Sell" at Zacks Investment Research
- March 02, 2017

During the same quarter in the previous year, the company posted $0.31 EPS. The company had revenue of $773.30 million for the quarter, compared to analyst estimates of $792.88 million. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of worldwide trademark and copyright legislation. (more...)
Which insiders are selling Viavi Solutions Inc. (VIAV)?
- March 02, 2017

Boothbay Fund Management LLC boosted its stake in shares of Viavi Solutions by 71.7% in the fourth quarter. The company's stock now has 2.3 Billion in market capitalization. Following the completion of the sale, the director now directly owns 94,156 shares of the company's stock, valued at $802,209.12. According to analysts minimum EPS for the current quarter is expected at $0.07 and can go high up to $0.08. (more...)
SEAL's Widow Gets Emotional Ovation During Trump Speech SEAL's Widow Gets Emotional Ovation During Trump Speech
- March 02, 2017

He described that portion of the speech as "extraordinary" and said that for those who held out in their belief that Trump could be presidential and unifying, " they should be happy with that moment". At least 25 civilians, including nine children, were also killed in the mission, according to the Bureau of Investigative Journalism , while a $75 million us military helicopter had to be destroyed after malfunctioning. (more...)
PayPal Accused of Diverting Charity Donations PayPal Accused of Diverting Charity Donations
- March 02, 2017

PayPal's charitable platform , which the company says raised more than $7bn in 2016, claims to allow individuals to give directly to "over a million charities ". Only $100 was sent to three charities of her choosing, with the rest withheld by the company. One of the organizations Kass meant to donate to was plaintiff Friends for Health, which is listed on PayPal's site but not registered with the platform. (more...)
ROH parent company in talks with Tribune Media
- March 02, 2017

Reuters reported last night that Sinclair had approached Tribune Media about a possible tie-up. "In addition, last year's monetization of real estate assets for more than $500 million and the recent sale of Gracenote enables Tribune Media to be a more focused television company, uniquely positioned to take advantage of the opportunities presented by a rapidly changing media environment". (more...)
Snapchat's $24 Billion Valuation Sets A High Bar For Its Future
- March 02, 2017

We can already hear the sound of money pouring into the streets of Abbot Kinney. Snap Inc ., the parent company of Snapchat, will trade on the New York Stock Exchange (NYSE). Meanwhile, Snap's team has been doing its best to instill confidence in the would be investors as well. Snap is on track to be the largest initial offering on a USA exchange since China-based Alibaba Group raised $21.8 billion in 2014 at a $168 billion valuation. (more...)
Yesterday's Consideration Mover: Sanchez Energy Corporation (NYSE:SN)
- March 01, 2017

Want to see what other hedge funds are holding DVN? Jefferies analysts disclosed their opinion on Devon Energy Corporation (NYSE:DVN) recently. Insiders have sold 210,741 shares of company stock valued at $1,838,562 over the last three months. (more...)
US Manufacturing Index Indicates Fastest Growth In Over Two Years
- March 01, 2017

The PMI has now grown for the last six months, with the February PMI 4.9 percent higher than the 12-month average of 52.8 and the over all economy growing for the 93rd straight month. Supplier deliveries continued to slow on the month and, although the inventories index edged back above the 50.0 level, customer inventories remained in contraction for the month. (more...)
Brokerage firms headed for an all-out 'price war,' analyst says
- March 01, 2017

Charles Schwab announced Tuesday that it will lower its online trade commissions for USA stocks and ETFs to $4.95. Boston-based Fidelity's price reduction to $4.95 from the previous commission of $7.95 a trade, will likely put pressure on the rest of the US brokerage industry. (more...)
Comcast will take full ownership of Universal Studios Japan
- March 01, 2017

According to Reuters.com, Comcast purchased the remaining stake from Goldman Sachs, former Universal Studios Japan Chief Executive Officer Glenn Gumpel, private-equity firm MBK Partners and US hedge fund Owl Creek Asset Management. It added a Harry Potter land in 2014. Other expansions and acquisitions for the company include the recent purchase of more than 400 acres near International Drive in Orlando and this summer's opening of Volcano Bay water park at Universal Orlando Resort. (more...)
Would You Buy Verizon Communications Inc. (NYSE:VZ) On These Analyst Ratings?
- March 01, 2017

Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. The company rocked its 52-Week High of $56.95 on Jul 5, 2016 and touched its 52-Week Low of $46.01 on Nov 14, 2016. (more...)
PayPal Holdings, Inc. (NASDAQ:PYPL)
- March 01, 2017

Guggenheim initiated coverage on PayPal Holdings in a report on Wednesday, January 4th. They set a "buy" rating and a $46.00 price objective on the stock. The Stock now has a Weekly Volatility of 1.60% and Monthly Volatility of 1.69%. A lower P/B ratio could mean that the stock is undervalued. Following the transaction, the executive vice president now directly owns 44,802 shares in the company, valued at $1,760,270.58. (more...)
Barnes & Noble Education Inc (BNED) Announces Earnings Results
- March 01, 2017

The business had revenue of $858.50 million for the quarter, compared to analysts' expectations of $859.78 million. Earnings, adjusted for non-recurring costs, were 9 cents per share. Systematic Financial Management LP purchased a new stake in Barnes & Noble, Inc. Finally, Legal & General Group Plc increased its stake in Barnes & Noble by 18.0% in the second quarter. (more...)
Bridgewater's Ray Dalio Stepping Down as co-CEO of Giant Hedge Fund Bridgewater's Ray Dalio Stepping Down as co-CEO of Giant Hedge Fund
- March 01, 2017

Mr. Dalio had previously moved into the co-CEO role nearly one year ago to help oversee a smooth transition at the group, including Greg Jensen's co-CEO responsibilities. He wrote: "Any organization run by a 60+ year old that says that it isn't in transition is either naïve or disingenuous". Ray Dalio revealed on LinkedIn today that he will step down from managing Bridgewater on April 15. (more...)