Markets

Paytm blocks credit cards to check user misuse

Paytm blocks credit cards to check user misuse Paytm has recently announced that the step has been taken in a bid to avoid "misuse" by people who were using this facility to earn freebies by transferring money to the wallet and then to their bank accounts. The previous 0% transaction fee made transacting over the platform easier. At Paytm we allow multiple payment options when you buy any product or pay for any utilities. [Full Article...]

Investors Trading Alert: Mosaic Company (NYSE:MOS)

Following the completion of the purchase, the director now owns 16,609 shares in the company, valued at approximately $537,301.15. Several hedge funds and other institutional investors have recently bought and sold shares of MOS. Analysts are also projecting an Average Revenue Estimate for The Mosaic Company as $1.66 Billion in the Current Quarter. Mosaic Company has a 1-year low of $22.77 and a... [Full Article...]

Preckwinkle: GOP health care plan will ravage Cook County budget

Preckwinkle: GOP health care plan will ravage Cook County budget Individuals who do not demonstrate continuous coverage will be slapped with a 30 percent penalty. The House Republican plan retains some of the popular features of Obamacare, like requiring insurers to cover pre-existing conditions and allowing dependents to stay on a parent's policy up to age 26. [Full Article...]

Price Target Analysis: Zoetis Inc. (NYSE:ZTS)

Some buy side analysts are also providing their Analysis on Zoetis Inc., where 7 analysts have rated the stock as Strong buy, 7 analysts have given a Buy signal, 4 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. [Full Article...]

Chinese goods fraud through United Kingdom costs European Union some $2.1 billion

Chinese goods fraud through United Kingdom costs European Union some $2.1 billion Clothes and shoes were imported through the United Kingdom at fictitiously low values for years to avoid duties, the European Anti-Fraud Office (Olaf) has found. Anti-fraud investigators said they had repeatedly warned British customs officials about the scale of the fraud. Its statement said: "These fraudsters are in fact organised crime groups whose actions affect the entire European Union; th... [Full Article...]

Public Service Enterprise Group Inc. (NYSE:PEG) Insider Ownership stands at 0.2

Analysts are also projecting an Average Revenue Estimate for Public Service Enterprise Group Inc .as $3.07 Billion in the Current Quarter. Public Service Enterprise Group Incorporated (NYSE:PEG) reached 15.99% versus a 1-year low price of $39.28. [Full Article...]

Trump signs revised travel ban for 6 Muslim-majority countries

Trump signs revised travel ban for 6 Muslim-majority countries The new order, which the White House said Trump had signed, keeps a 90-day ban on travel to the United States by citizens of Iran , Libya, Syria , Somalia, Sudan and Yemen . There aren't going to be folks stopped tonight from coming into the country because of this executive order. The initial order was largely seen as a Muslim ban because it prioritized, on the basis of religious persecution, ... [Full Article...]

Brokerage Overview of: Valero Energy Corporation (NYSE:VLO)

Deutsche Bank AG cut shares of Valero Energy from a "buy" rating to a "hold" rating and set a $65.00 price target on the stock.in a research note on Wednesday, January 4th. The current PEG for Valero Energy Corporation NYSE:VLO is valued at 0.62 with a P/S value of 0.39. The stock has a market cap of $30.02 billion, a P/E ratio of 13.49 and a beta of 1.38. [Full Article...]

Stock Jumping Abnormally High: New Residential Investment Corp. (NYSE:NRZ)

The consensus recommendation, according to Zacks Investment research , is 1.4. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). [Full Article...]

Killed, 4 Injured In Detroit Apartment Fire

Killed, 4 Injured In Detroit Apartment Fire Among the injured was a 67-year-old man who sustained second-degree burns to his face , The Detroit News reported. The building collapsed before firefighters could rescue four of the people who died. Local media outlets report that several children had to be lowered from open windows into the hands of people waiting outside at street level, but by the time the fire department got there, no on... [Full Article...]

Melania Trump's approval up by double digits since inauguration

Melania Trump's approval up by double digits since inauguration In February 2016, the former model's favorable rating was a paltry 24%, her unfavorable was 31% and 23% had never even heard of her. Now, just 3 per cent say they do not know who the First Lady is, and her unfavorable rate has held steady at 32 per cent, the poll showed. [Full Article...]

Impact of Brokerage Rating on Regions Financial Corporation (RF)

Jones, Jr is another major inside shareholder in the company. The stock is now moving above its 20-Day Simple Moving Average of 3.51% with the 50-Day Simple Moving Average of 3.51 percent. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. [Full Article...]

Abraxas Petroleum Corporation (NASDAQ:AXAS) Insider Watch on The Stock

Director, RUSSELL EDWARD, purchased 4,000 common shares of Abraxas Petroleum Corporation (AXAS) in the open market. (NASDAQ:ACHN) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $-0.03. The Moving Average SMA50 is -15.64% while SMA200 is 20.3%. The company's stock had a trading volume of 1,023,791 shares. Liquidity ratios helps investors to determine a company's abilit... [Full Article...]

Centurylink Inc (CTL) Stake Lowered by Employees Retirement System of Texas

The rating firm gave a Hold rating to this stock in a research note published on Jan 25, 2017. Zacks Investment Research downgraded Centurylink from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 5th. The legal version of this story can be read at https://www.thecerbatgem.com/2017/03/08/centurylink-inc-ctl-raised-to-strong-buy-at-vetr-inc.html. CTL has been the topi... [Full Article...]

What Technical Indicators Say About Tahoe Resources Inc. (NYSE:TAHO)

Sei Investments Co. raised its stake in shares of Tahoe Resources by 753.6% in the third quarter. (TAHO)'s latest closing price distance was -34.50% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -13.62% and -11.43% compared with the 20 Day Moving Average. [Full Article...]

Cigna Investments Inc. New Takes Position in Envision Healthcare Co. (EVHC)

Royal Bank of Canada lowered their target price on Envision Healthcare Corporation from $87.00 to $80.00 and set an outperform rating on the stock in a research note on Wednesday. In other Envision Healthcare Corporation news, insider Robert Jon Coward sold 1,500 shares of the stock in a transaction that occurred on Wednesday, March 1st. [Full Article...]

United States markets close lower for third consecutive day

United States markets close lower for third consecutive day Federal Reserve is more likely to raise rates at its meeting next week. The energy sector, down 2.1%, weighed as oil prices tumbled more than 5% in the wake of a much stronger-than-expected rise in United States inventories. However, as details remain scarce on his plans, gains have moderated and concerns about stock valuations are more pronounced. "I think to a degree, equities are priced to ... [Full Article...]

Kotak Mahindra Bank drops marginally after Uday Kotak sells 1.5% stake

Bloomberg reported this week that Uday Kotak is in discussions sell more than a 3% stake to first-time investor CDPQ, Canada's second largest pension fund. The firm picked up a 1% stake in Kotak Mahindra Bank for Rs 1,503.2 crore on Wednesday. With Wednesday's sale, the promoter group's shareholding comes down to 32.11%. [Full Article...]

Zacks estimated an EPS of $2.33 for JPMorgan Chase & Co. (NYSE:JPM)

Zacks estimated an EPS of $2.33 for JPMorgan Chase & Co. (NYSE:JPM) JPMorgan Chase & Co.is now showing 8.1% EPS growth this year. Institutional investors and hedge funds own 73.65% of the company's stock. Gratus Capital LLC purchased a new position in J P Morgan Chase & Co during the second quarter valued at approximately $5,089,000. [Full Article...]

Hot Stock Overview: Kimco Realty Corporation (NYSE:KIM)

SL Green Realty Corp has a one year low of $90.79 and a one year high of $120.63. Kimco Realty Corporation (NYSE:KIM) ended its day at $22.75 with the rising stream of -1.77% and its total traded volume was 3.14 million shares less than the average volume. [Full Article...]


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