Markets


Nickelback Drummer Victim of Fraud After Florida Man Allegedly Stole His Identity Nickelback Drummer Victim of Fraud After Florida Man Allegedly Stole His Identity
- March 02, 2017

Lucie Police Department told the newspaper. After the transaction went through, it came to light after Adair was notified of the hefty bill by a business rep for Nickelback - and after some sleuthing, they uncovered Koenig's dastardly plan. (more...)
Fiera Capital Corp Sells 174337 Shares of Kroger Company (The) (KR)
- March 02, 2017

Barclays PLC reiterated an "equal weight" rating and issued a $33.00 target price on shares of Kroger Company (The) in a research note on Tuesday. Sigma Investment Counselors Inc. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/03/01/fiera-capital-corp-sells-174337-shares-of-kroger-company-the-kr.html. (more...)
US Weekly Initial Jobless Claims Fall to 223k, Lowest Since March 1973 US Weekly Initial Jobless Claims Fall to 223k, Lowest Since March 1973
- March 02, 2017

It was the 104th straight week that claims remained below 300,000, a threshold associated with a healthy labor market. That is the longest stretch since 1970, when the labour market in the States was much smaller. The four-week moving average decreased to 234,250 - the lowest since April 1973 - from 240,500. Data on unemployment applications can be volatile from week to week. (more...)
IRS: Tax deadline nears for many farmers and fishermen IRS: Tax deadline nears for many farmers and fishermen
- March 02, 2017

Wednesday, Comptroller Peter Franchot urged any Marylander who has yet to file their 2013 tax returns to do so as soon as possible and collect their refund money. The law requires taxpayers to properly address mail and postmark the tax return by that date. For 2013 tax returns, the window closes April 18, 2017. (more...)
U.S. stocks open lower ahead of Trump speech
- March 02, 2017

In Asia, a weakening yen helped Japan's Nikkei Stock Average close up 1.4 percent. That isn't to say a normal correction after the big surge since the USA election isn't possible, it is, but a major bear market correction is still something we'd call a low percentage scenario right now. (more...)
Office Depot Sees Revenue Falling This Year
- March 02, 2017

The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The company had revenue of $2836.00 million for the quarter, compared to analysts expectations of $3491.85 million. The difference between Actual EPS and Estimated EPS was 0.01 Percent. The stock grabbed 54 new institutional investments totaling 25,164,108 shares while 43 institutional investors sold out their entire positions totaling 25,862,916 shares. (more...)
Abercrombie & Fitch Company (ANF) to Release Quarterly Earnings on Thursday
- March 02, 2017

The company's last traded volume of 4.62 million shares as compared to it's an average volume of 3.2 million shares. The stock decreased 0.60% or $0.07 during the last trading session, hitting $11.44. In the last 27 earnings reports, the company has topped earnings-per-share estimates 91% percent of times. The difference between Actual EPS and Estimated EPS was -0.19 Percent. (more...)
What should Atlantic City expect from a Hard Rock casino?
- March 02, 2017

To view the full article, register now. Mr. Icahn, now a special adviser to Mr. Trump on regulatory issues, is a well-known figure on the city's boardwalk and gaming-table scene having previously owned the Sands hotel and casino, which he sold in 2006 to Pinnacle Entertainment. (more...)
Regis Management CO LLC Has $3330000 Stake in Occidental Petroleum Corporation (OXY)
- March 02, 2017

Occidental Petroleum Corporation's (OXY ) stock price ended its day with gain 0.89% and finalized at the value of $65.47. Occidental Petroleum Corporation has a one year low of $58.24 and a one year high of $78.48. Adell Harriman & Carpenter Inc. boosted its position in Occidental Petroleum by 9.2% in the second quarter. Capital International Investors now owns 6,011,047 shares of the company's stock worth $454,195,000 after buying an additional 3,964,244 shares in the last quarter. (more...)
ONEOK, Inc. (OKE) Issues Quarterly Earnings Results ONEOK, Inc. (OKE) Issues Quarterly Earnings Results
- March 02, 2017

Jefferies Group now has a "Hold" rating and a $51.00 target price on the stock. They now have $51.00 price objective on the stock, up from their prior price objective of $14.00. Shareholders of record on Monday, January 30th will be given a dividend of $0.79 per share. The ex-dividend date is Thursday, January 26th. The current ratio for ONEOK Partners , L.P. (more...)
Eurozone Inflation Rises Above ECB's Target Eurozone Inflation Rises Above ECB's Target
- March 02, 2017

Preliminary data from several German states showed inflation in the euro zone's economy probably surpassed the ECB's target of a rate just under 2 percent for the first time in more than four years in February. "Domestic price pressures are still comparatively low at present", Jens Weidmann, the head of Germany's Bundesbank, said at an event at Slovenia's central bank on Wednesday. (more...)
Uber CEO apologises for being rude with his own driver
- March 02, 2017

The video, which was obtained by Bloomberg , had the driver arguing about the prices with the CEO who was taking a ride. According to the FTC complaint , Uber had posted widely cited claims that uberX drivers in New York City earned median annual incomes of $90,000 and those in San Francisco earned median salaries of $74,000. (more...)
Want a free trip to New Zealand?
- March 02, 2017

The city of Wellington is attempting to fill 100 open tech jobs by flying worthy candidates to the land next to the land down under, free. For most job interviews, the aim is to impress the potential employer, but New Zealand's tech industry is reversing the process. (more...)
The American Eagle Outfitters, Inc. (AEO) Shares Bought by Horizon Kinetics LLC The American Eagle Outfitters, Inc. (AEO) Shares Bought by Horizon Kinetics LLC
- March 02, 2017

Horizon Kinetics LLC's holdings in American Eagle Outfitters were worth $422,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 95.68% of the company's stock. What seems to really have shaken the market today, though, is that same-store sales during the fourth quarter were essentially flat, up just 0.4% year over year, and management guided for flat or even slightly down comps in the quarter ahead. (more...)
Why Ross Stores, Inc.(NASDAQ: ROST) stock would be subdued today
- March 02, 2017

Tracking most recent quarter period, Price to book (P/B) ration is at 10.12 and Price to cash per share ration is at 30.12. The long term debt/equity is now valued at 0.15 with a total debt/equity of 0.15. At the time, this indicated a possible upside of 0.17%. The company's P/E is 25.37 and Forward P/E ratio is 22.03. For the first quarter ending April 29, 2017, comparable store sales are forecast to be up 1% to 2% with earnings per share projected to be $0.76 to $0.79. (more...)
March hike seems likely ahead of Trump speech
- March 02, 2017

Nonetheless, the higher probability of a Fed hike still doesn't make it a done deal, and rightly so; and this is not primarily due to heightened political risk in Europe. The dollar temporarily sank below ¥112 in NY trading Tuesday, weighed down by falls in US equities and long-term Treasury yields. GBP USD Losses Triggered by Sliding Confidence over Week's UK PMIsThe Pound's heavy losses against the US Dollar today have come from the February manufacturing PMI, which has shown a ... (more...)
Revenue Approximations Analysis: The Dow Chemical Company (DOW), CVS Health Corporation (CVS) Revenue Approximations Analysis: The Dow Chemical Company (DOW), CVS Health Corporation (CVS)
- March 02, 2017

The stock now has an average rating of "Buy" and a consensus target price of $61.91. Share performance for the month is now at 1.55%. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. (more...)
Nigeria economy contracts, but "well on its way out of recession"
- March 02, 2017

In 1987, according to World Bank data, Nigeria had a full year decline in gross domestic product (GDP) was put at 10.8 percent. But the economy has charted a bumpy course in recent years since the end of the mining investment boom. "While the terms of trade are starting at a higher point than we assumed, we still expect them to fall over coming quarters, before bottoming out by around 2019", Mr Turner said in a note. (more...)
Dollar-lira exchange rate reaches 3.65
- March 02, 2017

Expectations for pro-growth policies have fueled business and consumer optimism and sent the stock market soaring. A good CEO paints a picture and a vision, and President Trump did that for the country last night. Dudley serves as vice chairman of the rate-setting US Federal Open Market Committee. "It's hard to say how long they will be willing to tolerate so much talk and no action but for now at least, it appears investors have faith in him to deliver even if it's going to take longer than ... (more...)
Police raid Gaytri's official residence over alleged gang rape case Police raid Gaytri's official residence over alleged gang rape case
- March 02, 2017

His arrest was expected soon after the victim's judicial statement was recorded on Saturday. The minor girl is now receiving treatment at AIIMS hospital in New Delhi and once she records her statement, Prajapati can be arrested. The woman has alleged that she wrote to the state police chief in October when there were attempts to rape her daughter, but there was no response, and that is when she moved court. (more...)

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