Markets

Drone Costing $200 Shot Down by $3M Missile

Drone Costing $200 Shot Down by $3M Missile A "very close" USA ally used a $ 3 million Patriot missile to shoot down a quadcopter drone - which sells on Amazon for $200, according to reports. Some groups have reportedly started converting commercial drones into bombers to fight security forces. In January, the US Air Force placed an order for net-filled shotgun shells created to shoot down unmanned aerial vehicles (UAVs). [Full Article...]

Rising Global Interest Rates Test BOJ Policy

Rising Global Interest Rates Test BOJ Policy The BoJ board also voted to retain the -0.1 percent interest rate on current accounts that financial institutions maintain at the bank. The benchmark 10-year JGB yield fell 1 basis point (bp) to 0.080 percent, while 10-year JGB futures were up 0.17 point at 150.08. [Full Article...]

OPEC's Plan Falls Apart As Price Of Oil Plunges

OPEC's Plan Falls Apart As Price Of Oil Plunges Even after the increase, Saudi Arabia's data shows it's cutting output more than required under the terms of OPEC's November 30 agreement. Russia, Iraq and the United Arab Emirates are yet to deliver all the curbs they promised. The bearing signs for oil come as OPEC members start pushing to extend their six-month production deal for another six months. Although down from a rate of 1.7m b/d past... [Full Article...]

Freddie Mac: Mortgage rates increase again - don't expect them to stop

Freddie Mac: Mortgage rates increase again - don't expect them to stop The 30-year fixed-rate mortgage averaged 4.30%, up nine basis points during the week. The Washington-based industry group said its measure of mortgage applications rose 3.1 percent to 418.1 in the week ended on March 10. A rate hike is a near certainty, but lenders may be paying more attention to whether the Federal Rserve suggests in its roundabout way that more than three rate hikes could be o... [Full Article...]

Nike, Muji Criticized for False Marketing by China Consumer Show

Nike, Muji Criticized for False Marketing by China Consumer Show In a six-minute segment, Nike was criticised for misleading information on limited sales of one model of basketball shoes, a remake of the pair retired NBA star Kobe Bryant wore during his final game at the 2008 Beijing Olympic Games. Wednesday's programme also took aim at Japanese retailer Muji, saying labelling on some of its food products had misrepresented that they originated in areas of Japa... [Full Article...]

South Australia tightens grip on energy security

The Victorian Labor Government, as usual, guided by its alliance with the Greens, has banned conventional gas exploration and, of course, also unconventional gas exploration and development. "And they can not expect to maintain that if while billions of dollars of gas are being exported, Australians are left short". It's been created by policies of state governments that have locked up gas resou... [Full Article...]

Roundview Capital LLC Has $4117000 Position in American Express Company (AXP)

Roundview Capital LLC Has $4117000 Position in American Express Company (AXP) Large investors have recently added to or reduced their stakes in the company. The Relative Volume of the company is 1.05 and Average Volume (3 months) is 4.12 million. Davidson. The company had revenue of $8022.00 million for the quarter, compared to analysts expectations of $7985.50 million. During the same period in the prior year, the business earned $1.23 earnings per share. [Full Article...]

Oracle Corporation (NYSE:ORCL) Receives Outperform Rating From BMO Capital Markets Analysts

Oracle Corporation (NYSE:ORCL) Receives Outperform Rating From BMO Capital Markets Analysts Finally, Harbour Capital Advisors LLC bought a new position in shares of Oracle during the second quarter valued at about $1,002,000. The share price is now 2.79 percent versus its SMA20, 6.92 percent versus its SMA50, and 12.25 percent versus its SMA200. [Full Article...]

Pastor finds the 13th LARGEST diamond ever weighing 709 carats

Pastor finds the 13th LARGEST diamond ever weighing 709 carats The rough gem was presented to President Ernest Bai Koroma on Wednesday evening before being locked in the central bank's vault in capital Freetown. And the district where the 706-carat diamond was discovered is where US-Belgian businessman Michel Desaedeleer, accused of enslavement and diamond trafficking during Sierra Leone's civil war, is alleged to have committed his crimes. [Full Article...]

Where PT Stands For Western Digital Corporation (WDC)

If you are viewing this piece on another website, it was illegally copied and reposted in violation of USA & worldwide copyright law. Viking Global Investors LP bought a new position in Western Digital Corp during the fourth quarter valued at $95,471,000. [Full Article...]

Lufthansa profit grows 4.6% even as revenue falls

Lufthansa profit grows 4.6% even as revenue falls Spohr pointed to a successful cost-cutting programme as one of the main factors supporting the group's performance. The deal applies to Lufthansa's namesake airline and its low-priced unit Germanwings, but not to other Lufthansa Group airlines. [Full Article...]

Stock Roundup: Exxon Mobil Corporation (NYSE:XOM)

Stock Roundup: Exxon Mobil Corporation (NYSE:XOM) Ronna Sue Cohen now owns 8,990 shares of the company's stock valued at $785,000 after buying an additional 24 shares during the last quarter. Allsquare Wealth Mgmt Ltd stated it has 0.69% in Exxon Mobil Corporation (NYSE:XOM). Analysts have a mean recommendation of 3.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" withi... [Full Article...]

Morning Buzz: EP Energy Corporation (EPE)

SN has been the subject of a number of research reports. 15 analysts projected Price Targets for Sanchez Energy Corporation. KLR Group reaffirmed a "buy" rating and issued a $18.00 price objective (up previously from $17.00) on shares of Sanchez Energy Corp in a research note on Thursday, February 23rd. [Full Article...]

US Jobless Claims Edge Lower To 241000, Labour-Market Strength Still Evident

US Jobless Claims Edge Lower To 241000, Labour-Market Strength Still Evident Economists had expected jobless claims to dip to 240,000. The report complements data last week showing above-average payroll growth in February and gradual wage gains. Secondary unemployment claims, those which are not filed for the first time and referencing the week ending 4 March, grew by 30,000 to reach 2.030m. [Full Article...]

Analyst Opinion Summary: Dollar General Corporation (DG), SLM Corporation (SLM)

Analyst Opinion Summary: Dollar General Corporation (DG), SLM Corporation (SLM) Dollar General (NYSE:DG) reports comparable sales increased 1.0% in Q4 to top the consensus estimate for a 0.3% gain. Guggenheim reaffirmed a "buy" rating and issued a $90.00 price objective on shares of Dollar General Corp .in a research note on Tuesday, November 29th. [Full Article...]

Futures Slightly Higher as Focus Shifts to Fed

Futures Slightly Higher as Focus Shifts to Fed Gains were widespread, and seven stocks rose on the New York Stock Exchange for every one that fell. The S&P 500 was up 0.06%, the Dow Jones Industrial Average gained 0.15%, and the Nasdaq rose 0.12%. Twitter was down 1 per cent at $15.16 after a number of prominent accounts on the microblogging website were hacked. Permits fell 6.2% to a rate of 1.21 million. [Full Article...]

Liberum Capital Indicates Potential 1465.45% Increase In Shares Of Tyman

Liberum Capital Indicates Potential 1465.45% Increase In Shares Of Tyman Other analysts have also recently issued research reports about the stock. Liberum Capital reissued their sell rating on shares of Lonmin Plc (LON:LMI) in a report issued on Friday morning. The business also recently declared a dividend, which will be paid on Friday, April 7th. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, March 9th. [Full Article...]

UP BJP Chief Keshav Maurya admitted to ICU

UP BJP Chief Keshav Maurya admitted to ICU According to reports, Maurya has problems related to blood pressure and will be under observation today. Union Health Minister JP Nadda, who met Maurya at the hospital, said his condition is normal and will be discharged soon. This virtually negates Maurya's chances of himself becoming the state Chief Minister. "My responsibility is to finalise the name of the UP CM". "Condition of Keshav Pr... [Full Article...]

Gold hits one-week high as Fed signals only gradual rate hikes

Gold hits one-week high as Fed signals only gradual rate hikes But rates on some other loans - notably credit cards, home equity loans and adjustable-rate mortgages - will likely rise soon, though only modestly. Higher interest rates could slow that growth. A robust February jobs report - 235,000 added jobs, solid pay gains and a dip in the unemployment rate to 4.7 percent - added to the perception that the economy is fundamentally sound. [Full Article...]

McDonald's Tweet Blasts President Trump, And Is Quickly Deleted

McDonald's Tweet Blasts President Trump, And Is Quickly Deleted McDonald's corporate Twitter account took aim at President Trump early Thursday with a harshly worded tweet. A message to McDonald's asking for comment was not immediately answered; we'll update this story with their response. While companies like Wendy's and Denny's have been known for their edgy and controversial social media strategies, McDonald's has been more reserved in its posts. [Full Article...]


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