Markets


Oil producing communities to be transformed to hubs of petrochemical industries - Osinbajo Oil producing communities to be transformed to hubs of petrochemical industries - Osinbajo
- March 03, 2017

He further noted that the ministry of Petrolum and the Presidential Amnesty Office are doing their best with state governments in the Niger Delta to the benefit of the youths in the area. Yemi Osinbajo, directed the International Oil Companies operating in the Niger-Delta region to relocate their headquarters to their States of operation. (more...)
Boko Haram bombers attack Borno Boko Haram bombers attack Borno
- March 03, 2017

NEMA spokesman Abdulkadir Ibrahim said that one bomber had exploded next to a stationary tanker filled with fuel, setting two more tankers on fire and killing the other attackers, according to the AP . Borno state police confirmed the incident and said its officers had been sent to the scene. Politics Nigeria learnt that the bombers attacked the petrol tankers which were parked near a filling station around 3 am on Friday morning. (more...)
United Kingdom services still growing despite January PMI drop
- March 03, 2017

The closely watched Markit/CIPS services purchasing managers' index (PMI) fell to 53.3 in February, down from 54.5 in January, and below economists' forecasts of 54.1. Strong demand for house-building was cited as a key factor likely to boost construction output. "A further slowdown in United Kingdom business activity growth in February adds to evidence that the economy has lost momentum after the impressive expansion seen at the end of previous year", said Chris Williamson, chief business ... (more...)
Office Depot profit soars as it cuts cost
- March 03, 2017

In order to determine directional movement, the 50-day and 200-day moving averages for Office Depot, Inc . The shares were sold at an average price of $4.73, for a total transaction of $39,661.05. Many analysts are providing their Estimated Earnings analysis for Office Depot, Inc . and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.12/share. (more...)
High school makes $24 million from Snap IPO High school makes $24 million from Snap IPO
- March 03, 2017

The stock will start trading Thursday, listed on the New York Stock Exchange under the symbol SNAP . Although Snap is going public at a much earlier stage in its development than Twitter or Facebook , the five-year-old company is valuing itself at almost 60 times revenue, more than double the 27 times revenue mark Facebook fetched in its IPO. (more...)
YouTube TV streaming service official with more than 40 channels, cloud DVR YouTube TV streaming service official with more than 40 channels, cloud DVR
- March 03, 2017

YouTube TV will also work with Google's Chromecast so that people can stream a live or recorded show from their phone to their TV. The company has announced its plans to launch YouTube TV in the United States, an internet-based television service that will offer access to local broadcast networks like ABC, CBS, NBC, Fox and the CW, along with a bunch of cable networks, for $ 35 a month . (more...)
Traders Targeted Mover: Medical Properties Trust, Inc. (NYSE:MPW)
- March 03, 2017

With an institutional ownership near 92.3%, it carries an earnings per share ratio of 0.89. MCF Advisors LLC now owns 8,526 shares of the real estate investment trust's stock valued at $126,000 after buying an additional 129 shares in the last quarter. (more...)
US February Services PMI Slows To 53.8, Price Pressures Ease Slightly
- March 03, 2017

Nonetheless, the reading was above the 50.0 threshold that separates growth from contraction. It marked the slowest rate of expansion since September past year and caught currency markets by surprise. February data indicated that construction companies remain upbeat about their growth prospects for the next 12 months, with nearly half (48 percent) forecasting a rise in business activity and only 13 percent expecting a decline. (more...)
Wall St slips ahead of Yellen's speech
- March 03, 2017

Investors will be listening closely to Yellen's speech for clues on whether the central bank will raise interest rates again later this month. The Federal Open Market Committee meets later in the month to determine whether it will push through another hike in the federal funds rate, which now sits at 0.75%. (more...)
Sunderland vs. Manchester City: Pep Guardiola's Key Pre-Match Presser Comments Sunderland vs. Manchester City: Pep Guardiola's Key Pre-Match Presser Comments
- March 03, 2017

City are unbeaten in eight games and look to be finding form after slipping out of frontline title contention during an indifferent spell. City are still unsure when Jesus will be fit to return having broken a bone in his foot a fortnight ago and initially been ruled out for three months. (more...)
Trump Vows Record Military Spending & An End To Sequestration Trump Vows Record Military Spending & An End To Sequestration
- March 03, 2017

Even those numbers are a bit uncertain. The Virginia event, tied to the president's Tuesday night address to a joint session of Congress and his request this week to lawmakers to appropriate $54 billion more for defense, was created to spotlight Trump's campaign vow to invest more in ships, aircraft and equipment to replenish a military he has described as depleted under President Obama. (more...)
Analytical Report on Babcock & Wilcox Enterprises, Inc. (NYSE:BW)
- March 03, 2017

There may be many price targets for a single security. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading. (more...)
Cobalt International Energy, Inc. (NYSE:CIE) Institutional Ownership stands at 0
- March 03, 2017

A gap is a space between prices that occurs when the price of a stock makes a move down or up when there is no trading happening in between. The mean PT for this stock is at $2.69 while the max. (NYSE:CIE)'s shares have the potential to reach a high EPS of -0.08 per share, and a low EPS of -0.17 per share in the current quarter. (NYSE:CIE) reported Actual EPS of $-0.53/share with the difference of -0.38 percent and a surprise of -253.3 percent. (more...)
United States man claims to be the rightful king of England
- March 03, 2017

The "unbroken" lineage, according to Evans, starts with Cunedda Wledig, the founder of the Kingdom of Wales in the 3rd century, and goes down for generations. "For the legend was not a myth but was indeed true, and more than a mere Tolien story, that the men of the West are now returning and now is the time of the return of the king". (more...)
Analytical Preview of Comcast Corporation (NASDAQ:CMCSA) Analytical Preview of Comcast Corporation (NASDAQ:CMCSA)
- March 03, 2017

The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website . After this sale, 107,554 common shares of CMCSA are directly owned by the insider, with total stake valued at $4,027,897. 1/30/2017 per share and the total transaction amounting to Neil Smit. "(CMCSA) Stock" was posted by Community Financial News and is owned by of Community Financial News. (more...)
Jurgen Klopp v Arsene Wenger - How do they compare?
- March 03, 2017

Etienne which served as a stark reminder that, although we all want progress in the Champions League, some teams just as desperately want to return to the premier competition in Europe. The Gunners are also desperate for victory, having lost two of their last three Premier League games while being humiliated by Bayern Munich on the European stage. (more...)
Eurozone growth at fastest rate since 2011
- March 03, 2017

IHS said the recently announced budget was a mildly expansionary one with several fiscal measures that will help support economic expansion. The latest survey snapshot of the UK's dominant services sector showed an unexpected drop in growth in February, stoking fears that British consumer spending might be running out of steam after a strong six months that has powered overall GDP in the wake of the Brexit vote. (more...)
Subway Fires Back at 'Absolutely False' Allegations That Their Chicken Is Fake Subway Fires Back at 'Absolutely False' Allegations That Their Chicken Is Fake
- March 03, 2017

Subway responded Wednesday with a prickly condemnation of the news report that suggested its chicken meat was diluted with unusually high levels of soy. The report found the oven roasted Subway chicken had about 53 percent chicken and Subway chicken strips came in at about 43 percent. "Our chicken is 100 percent white meat with seasonings, marinated and delivered to our stores as a finished, cooked product". (more...)
Traders Watch List: Pure Storage, Inc. (NYSE:PSTG), Symantec Corporation (NASDAQ:SYMC)
- March 03, 2017

Pure Storage, Inc . (NYSE:PSTG) topped its 52-week high price target of 15.35 on April 5, 2016. The correct version of this story can be accessed at https://www.com-unik.info/2017/03/02/robert-w-baird-reaffirms-neutral-rating-for-pure-storage-inc-pstg.html. (more...)
LSE raises dividend as Deutsche Börse merger hopes fade
- March 03, 2017

Adjusted pre-tax profit was 623.1 million pounds, compared to 516.4 million pounds past year. The positive results prompted LSE to increase its final proposed dividend to 31.2p, which will translate in a full year dividend of 43.2p per share, 20% higher than in the corresponding period a year ago. (more...)

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