Markets


These Airlines Offer Free Meals (Not Just Snacks) on Their US Flights These Airlines Offer Free Meals (Not Just Snacks) on Their US Flights
- March 15, 2017

An American Airlines spokesperson sent CBS11 this statement on the matter. The airline will offer meals on all direct flights between NY and San Francisco as well as flights from NY to Los Angeles. Might we be seeing an industry-wide trend toward improving the coach-class experience? Reading between those lines, it's clear that this is a route-specific initiative, created to shore up American's position in the particularly competitive transcon market. (more...)
KLIA's immigration service voted world's best KLIA's immigration service voted world's best
- March 15, 2017

Asian airports dominated the top three overall places, with the big victor being Singapore's Changi Airport which was named World's Best Airport for the fifth consecutive year, followed by Japan's Tokyo International Aiport (Haneda) in second place, and South Korea's Incheon International Airport in third. (more...)
Insider Activity of Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ) Insider Activity of Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ)
- March 15, 2017

FNY Managed Accounts LLC now owns 59,000 shares of the company's stock worth $286,000 after buying an additional 7,000 shares during the period. The company traded as low as $2.37 and last traded at $2.11, with a volume of 3,254,054 shares trading hands. (more...)
GOP health-care plan: Don't gut Medicaid GOP health-care plan: Don't gut Medicaid
- March 15, 2017

New Jersey opted into the ACA's Medicaid expansion in 2014, resulting in an additional 553,000 low-income adults getting health coverage. In fact, it lifts the limits on what insurance companies can deduct from their taxes for executive pay packages, and removes the mandate for mental health care and other services. (more...)
DOJ to announce charges in Yahoo hacks
- March 15, 2017

Representatives of Sunnyvale, California-based Yahoo and the Justice Department declined to comment. "We will continue to move ahead expeditiously toward the closing, which we expect to occur in the second quarter of 2017". It could not immediately be learned whether the accused are suspected in the hacking of data about 1 billion Yahoo users, or a separate hack of 500 million email accounts. (more...)
Oil hits three-month lows as inventories continue to rise Oil hits three-month lows as inventories continue to rise
- March 15, 2017

OPEC's output cuts aimed at easing a global glut are "real" and is cleaning up the market, analysts including Seth Kleinman wrote in a report dated March 14. Saudi Energy Minister Khalid Al-Falih suggested at CERAWeek that extending the deal by another six months may depend on participants' compliance in the first half of this year, Croft noted. (more...)
Axalta Coating Systems Ltd. (AXTA) recently sold by insider McDougall Joseph F. Axalta Coating Systems Ltd. (AXTA) recently sold by insider McDougall Joseph F.
- March 15, 2017

In the transaction dated February 03, 2017, the great number of shares disposed came courtesy the EVP & Pres., Trans. Coatings; Markevich Steven R. disposed a total of 1,691 shares at an average price of $29.49, amounting to approximately $49,868. (more...)
When will unsafe blizzard conditions begin in MA on Tuesday? When will unsafe blizzard conditions begin in MA on Tuesday?
- March 15, 2017

Another similar storm is from February 2013, when the entire town of Scituate, Massachusetts, lost electricity. It's like a tropical storm, but with snow. There is also the possibility of some coastal flooding during high tide early Tuesday afternoon. As of now, Boston, Worcester, Lowell, Gloucester are all listed in the 12-18 inches range. (more...)
Nikkei hits 15-month closing high; volume thin
- March 15, 2017

Tokyo's benchmark Nikkei 225 index edged up 0.15 percent, or 29.14 points, to close at 19,633.75 - the highest since December 2015. Investors shrugged off weaker than core machinery orders data showing that machinery orders unexpectedly fell 3.2 percent in January from the previous month on weakness among manufacturers. (more...)
Cisco Systems, Inc. (CSCO) Raised to Cisco Systems, Inc. (CSCO) Raised to "Hold" at Vetr Inc
- March 15, 2017

State Street Corp now owns 218,577,771 shares of the network equipment provider's stock worth $6,605,412,000 after buying an additional 5,886,055 shares in the last quarter. The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th. Investors of record on Thursday, April 6th will be given a $0.29 dividend. (more...)
Oil drops after Saudis tell OPEC they reversed some output cuts Oil drops after Saudis tell OPEC they reversed some output cuts
- March 15, 2017

India's oil imports from Iran rose almost 17 percent in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an OPEC deal to cut output, shipping data showed on Monday. Kuwait supports extending OPEC's output deal beyond June, Kuwait's official news agency Kuna reports , citing Kuwait Oil Minister Issam Almarzooq. (more...)
Trading Notes on Citrix Systems, Inc. (NASDAQ:CTXS): Active Stock Recap Trading Notes on Citrix Systems, Inc. (NASDAQ:CTXS): Active Stock Recap
- March 15, 2017

The stock gained a consensus recommendation of 2.71 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. Gross Margin percentage stands at 83.7% while its Operating Margin for trailing twelve month is 19 percent and Profit margin (ttm) is 15.7 Percent. For the fiscal year ending 31 December 2017, Citrix expects to achieve revenue growth of 4% to 5%. (more...)
Water park eyed at ex-Atlantic Club casino in Atlantic City Water park eyed at ex-Atlantic Club casino in Atlantic City
- March 15, 2017

The company is planning to build a 100,000-square-foot water park as well as restaurants at the site, according to the report. The resort , to be called Dolphin Village, is created to appeal to families. And this is the second time a water park has been proposed for the property, but the original plans from Pa.'s Endeavor Property Group fell through a year ago. (more...)
Gold steadies on prospect of imminent United States rate rises
- March 15, 2017

Gold is highly sensitive to rising US interest rates as these increase the opportunity cost of holding non-yielding bullion, while boosting the dollar, in which it is priced. This reflects the broader pessimistic view on gold that has taken hold of late, relating to economic data suggesting the Federal Reserve will increase interest rates in the near future. (more...)
Comprehensive Stock Analysis of: Rio Tinto plc (NYSE:RIO) Comprehensive Stock Analysis of: Rio Tinto plc (NYSE:RIO)
- March 15, 2017

To view the price target ranked by analysts, RIO attains high-level price target of 60.22 while lower level target was 29, it can be use an indication to know how much worth stock has stored in it. 01/24/2017 - Rio Tinto Plc had its " rating reiterated by analysts at Jefferies. The company also recently disclosed a dividend, which will be paid on Thursday, April 6th. (more...)
Lloyds Banking Group closes on IBM cloud deal Lloyds Banking Group closes on IBM cloud deal
- March 15, 2017

The FT said the Lloyds Trade Union, which the bank no longer recognises, estimates 1,961 staff will be transferred to IBM , based on a presentation given by Lloyds' chief information officer. Lloyds Banking Group (LYG) is preparing to outsource a significant portion of its IT staff in a deal with IBM (IBM) as part of a cost-cutting program at the British lender. (more...)
Oil settles a tad lower after sliding to three-month lows Oil settles a tad lower after sliding to three-month lows
- March 15, 2017

West Texas Intermediate for April delivery was at $48.34 a barrel on the New York Mercantile Exchange, down 6 cents, at 7:55 a.m.in London. There are two ways to read the numbers. Saudi Arabia said it was "committed" to stabilising the global oil market, and that its output was still in line with its Opec target. Russian Federation has not lived up to expectations and Iraq is producing more. (more...)
Opko Health Inc. (NASDAQ:OPK), Abraxas Petroleum Corp. (NASDAQ:AXAS) Opko Health Inc. (NASDAQ:OPK), Abraxas Petroleum Corp. (NASDAQ:AXAS)
- March 15, 2017

There may be various price targets for a stock. Beta factor is used to measure the volatility of the stock. 07/13/2016 - Ladenburg Thalmann began new coverage on Abraxas Petroleum Corporation giving the company a " rating. Abraxas Petroleum Corporation highlighted its earnings success in the latest quarter as it beat the Street's earnings consensus estimates of -$0.03 by $0.01. (more...)
Burning Stock on the move: Enbridge Energy Partners, LP (NYSE:EEP) Burning Stock on the move: Enbridge Energy Partners, LP (NYSE:EEP)
- March 15, 2017

A larger value would represent low turnover and a higher chance of shares being mispriced. The firm earned $6.53 billion during the quarter, compared to analyst estimates of $6.48 billion. (NYSE:OGE) as "STRONG BUY", 0 rated as "BUY" and 5 issued a "HOLD" rating. Citigroup upgraded the stock to "Buy" rating in Wednesday, August 5 report. (more...)
One injured in blast at oil site in Canada's Alberta One injured in blast at oil site in Canada's Alberta
- March 15, 2017

Kerry Williamson, a spokesman for Alberta Health Services, confirmed that a victim was in "serious but stable" condition. Police have been unable to confirm the cause of the explosion, the CBC reports. Wood Buffalo RCMP, along with other emergency services, are on scene. They asked people to avoid the area. The Royal Canadian Mounted Police said officers received a call about the fire at 2:15 p.m. (more...)

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