Markets


US Fed rate hike to have minimal impact on RBI policy US Fed rate hike to have minimal impact on RBI policy
- March 17, 2017

The central bank raised short-term interest rates yesterday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the FederalReserve raised United States rates overnight. Emerging markets have already had a dress rehearsal for such circumstances in 2013, when the threat of Fed policy tightening triggered a "taper tantrum" of volatility, prompting central banks in India, Indonesia and elsewhere to defend their currencies via higher rates. (more...)
Shares of Oracle Corporation (ORCL) Sees Large Outflow of Money Shares of Oracle Corporation (ORCL) Sees Large Outflow of Money
- March 17, 2017

Stifel Nicolaus maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, September 17. JMP Securities raised Oracle from an "underperform" rating to a "market perform" rating in a report on Thursday. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. (more...)
United States allegations about Britain's GCHQ will not be repeated - May's spokesman United States allegations about Britain's GCHQ will not be repeated - May's spokesman
- March 17, 2017

He added: "We have received assurances that these allegations won't be repeated and this shows the administration doesn't give the allegations any credence". Trump accused Obama of wiretapping him during the late stages of the campaign, but provided no evidence. A day earlier the top Republican and Democrat on the House committee also said they haven't seen any evidence. (more...)
Comcast Corporation (NASDAQ:CMCSK) Under Analyst Spotlight
- March 17, 2017

Asset Management One Co. Ltd. increased its stake in shares of Comcast by 833.6% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 3,606,134 shares of the cable giant's stock worth $235,084,000 after buying an additional 412,684 shares during the period. (more...)
The Top Three Holders Of Tiffany & Co. (NYSE:TIF) The Top Three Holders Of Tiffany & Co. (NYSE:TIF)
- March 17, 2017

On a per-share basis that equaled $1.26 per share, missing S&P Global Market Intelligence estimates of $1.36. Evercore Wealth Management LLC now owns 10,925 shares of the company's stock valued at $662,000 after buying an additional 364 shares during the last quarter. (more...)
European Union fines air cargo carriers EUR776m for price-fixing cartel European Union fines air cargo carriers EUR776m for price-fixing cartel
- March 17, 2017

German carrier Deutsche Lufthansa AG and its Swiss Air unit received full immunity from any fines for revealing the existence of the cartel to the commission. In any event, Air France-KLM confirms its commitment to comply strictly with the competition rules, while constantly ensuring the effectiveness of the prevention system implemented within Group divisions within the framework of its general compliance policy. (more...)
Smart Money Buying the Price Weakness of United States Steel Corporation (X) Smart Money Buying the Price Weakness of United States Steel Corporation (X)
- March 17, 2017

X has been the subject of a number of other reports. AK Steel Holding Corporation (NYSE:AKS) went up 0.76% during trading on the USA exchange when it had traded 10.47M shares. Price per earning (ttm) stands at 0. The firm's revenue was up 3.0% on a year-over-year basis. 11/29/2016 - AK Steel Holding Corporation was downgraded to "neutral" by analysts at Macquarie. (more...)
Exxon Mobil Corporation (NYSE:XOM) & GulfMark Offshore, Inc. (NYSE:GLF) Traders Alert Exxon Mobil Corporation (NYSE:XOM) & GulfMark Offshore, Inc. (NYSE:GLF) Traders Alert
- March 17, 2017

Montecito Bank & Trust now owns 39,655 shares of the company's stock valued at $3,717,000 after buying an additional 2,378 shares in the last quarter. The business also recently announced a quarterly dividend, which was paid on Friday, March 10th. The float short ration was 0.75%; as compared to Short Ratio were 2.60. (more...)
How could hackers take over your smartphone? How could hackers take over your smartphone?
- March 17, 2017

While this may not seem nefarious at first, this method offered "a backdoor into the devices-enabling the researchers to control other aspects of the system", the release said . The audio signals interfere with tiny springs in the accelerometer, the trick is similar to the phenomenon of an opera singer shattering a wine glass. (more...)
Viavi Solutions Inc (NASDAQ:VIAV) & Olin Corporation (NYSE:OLN) Traders Recap
- March 17, 2017

Viavi had its " rating reiterated by analysts at Jefferies. Zacks Investment Research cut Viavi Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday, February 15th. The stock has a 1-month performance of -3.59 percent and is 18.34 percent year-to-date as of the recent close. The company's growth for the past 5 years has been at -8.51 percent. (more...)
President Donald Trump's new immigration order frozen President Donald Trump's new immigration order frozen
- March 17, 2017

The new order did not impact their citizens who already held U.S. visas or Green Cards. That request has been joined by California, Maryland, Massachusetts, New York, and Oregon. Chuang called the executive order, which the president revised after a judge in Washington halted his first ban, "the effectuation of the proposed Muslim ban". (more...)
Brand new discount airline for Oakland Brand new discount airline for Oakland
- March 17, 2017

Initially it will provide services to four destinations in the Americas: Los Angeles (twice a week from 1 June), Oakland (three times a week from 2 June), Punta Cana (twice a week from 10 June) and Buenos Aires (three times a week from 17 June). (more...)
Global stocks push higher after Fed, Dutch election results Global stocks push higher after Fed, Dutch election results
- March 17, 2017

Japan's benchmark Nikkei average was down 0.3 per cent, while stocks in South Korea and Australia declined 0.2 and 0.5 per cent respectively. "The marginal impact of US rate hikes on China markets is getting smaller and smaller", said Yang Hai, strategist at Kaiyuan Securities. (more...)
'You have lost Turkey as a friend,' Erdogan tells Dutch PM 'You have lost Turkey as a friend,' Erdogan tells Dutch PM
- March 17, 2017

The Netherlands is the 10th biggest export market for Turkey and the single most significant European source of Foreign Direct Investment in Turkey with a 16% share of the total. "I'm hearing a lot of comments from Turkey and they're trying to get us to somehow beg for this agreement and all that", de Maiziere said after a meeting with the conservative interior ministers of Germany's states. (more...)
Stock Price of JetBlue Airways Corporation (JBLU) Decreases -0.79% Stock Price of JetBlue Airways Corporation (JBLU) Decreases -0.79%
- March 17, 2017

JPMorgan Chase & Co. upgraded JetBlue Airways from a "neutral" rating to an "overweight" rating and raised their target price for the company from $21.42 to $27.00 in a research note on Wednesday, January 25th. JBLU has P/E (Price to Earnings ttm) value of 9, Forward P/E of 10.02, P/C (Price to cash per share) of 6.96 and Price to Free Cash Flow (P/FCF) value of 10.88. (more...)
SC US Ttgp LTD. Has $89874000 Position in AbbVie Inc (ABBV) SC US Ttgp LTD. Has $89874000 Position in AbbVie Inc (ABBV)
- March 17, 2017

Following the completion of the transaction, the insider now owns 147,415 shares of the company's stock, valued at approximately $9,620,302.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . (more...)
What are Analysts opinions on: Halliburton Company (NYSE:HAL) What are Analysts opinions on: Halliburton Company (NYSE:HAL)
- March 17, 2017

Several equities analysts have recently commented on HAL shares. Capital Research Global Investors increased its stake in Halliburton Company by 4.6% in the third quarter. During the same period a year ago, the business posted $0.31 earnings per share. However, as active investors we must primarily be realists in the sense that until a trend changes or at least gives off strong signals that it may soon do so, it is by definition to early to start leaning the other way in any meaningful way. (more...)
Meals on Wheels could suffer drastic cuts under Trump's budget
- March 17, 2017

Barsdate told The Washington Post that the NEA provides block grants to each state for arts programming; 25 percent of that money goes to rural communities , and 54 percent is focused primarily on lower income areas. On top of the nutritional factor, the contact with the volunteers serves as a crucial well-being check for numerous seniors as well, in the form of safety checks, and to make sure seniors are otherwise OK. (more...)
Secret Service Agents in Hot Water for Selfies with Donald Trump III Secret Service Agents in Hot Water for Selfies with Donald Trump III
- March 17, 2017

Reportedly, the incident took place last weekend when the two agents were driving Donald Trump Jr. Donald III was asleep in the vehicle, and the agents allegedly shot selfies with him in the background. Secret Service told Patch. "The Secret Service would caution individuals to not jump to conclusions that may grossly mischaracterize the matter", the statement said. (more...)
Shares of KCG Holdings, Inc. (KCG) Sees Large Outflow of Money
- March 17, 2017

The Stock had a 2.33 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.33 and 2.33 respectively. The company reported its last quarter on Dec 16. Currently, the company has SMA200 (200-day simple moving average ) of 5.13 Percent. The stock has a Return on Assets of 3.9 percent, Return on Investment of 7.8 percent and a Return on Equity of 17.8 percent. (more...)

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