Markets

Movers of Yesterday Abbott Laboratories (NYSE:ABT), S&P Global Inc (NYSE:SPGI)

The current price is staying above the SMA lines which signify strength and is generally healthy/positive and may provide the momentum for driving the share price higher. Public Employees Retirement Association of Colorado increased its position in shares of Abbott Laboratories by 140.1% in the third quarter. Finally, Scotia Capital Inc. [Full Article...]

Lockheed Martin to Deliver World Record-Setting 60kW Laser to US Army

Lockheed Martin to Deliver World Record-Setting 60kW Laser to US Army Lockheed Martin, who developed the laser, said that the weapon is revolutionary because the technology it employs is pushing the boundaries of modern science. The agency would have to find a way to carry enough battery power to fire continually without the truck overheating. But most importantly, the fibre laser is scalable, meaning it could be deployed on other military vehicles and perhaps even ... [Full Article...]

Leading stocks in today's market: AstraZeneca PLC (NYSE:AZN)

AstraZeneca PLC (AZN) belongs to the Healthcare sector with an industry focus on Drug Manufacturers - Major, with Mr. Pascal Soriot as Chief Exec. Officer and Exec. During the same quarter a year ago, the business posted $0.94 earnings per share. AstraZeneca plc has a one year low of GBX 3,680.00 and a one year high of GBX 5,505.00. [Full Article...]

Dividend Overview: Sunoco Logistics Partners LP (SXL)

Dividend Overview: Sunoco Logistics Partners LP (SXL) CENTRAL TRUST Co boosted its stake in Sunoco Logistics Partners L.P.by 1.0% in the third quarter. The new target price indicates a possible upside of 0.05% based on the company's last stock close price. Analysts have a mean recommendation of 2.70 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...]

Scottish Parliament police to be armed with tasers

Scottish Parliament police to be armed with tasers Assistant chief constable Bernard‎ Higgins stressed that the move was "an operational contingency" and was not based "on any intelligence threat". The officers deployed will be fully-trained firearms officers carrying Tasers only. The Metropolitan Police have made a number of arrests and in London and Birmingham as part of their investigation. Calum Steele, whose organisation represents rank... [Full Article...]

Brookdale Senior Living Inc. (BKD)

Brookdale Senior Living Inc. (BKD) Janus Capital Management LLC's holdings in Brookdale Senior Living were worth $222,000 at the end of the most recent quarter. The stock grabbed 45 new institutional investments totaling 23,325,337 shares while 51 institutional investors sold out their entire positions totaling 21,879,147 shares. [Full Article...]

Naira extends gain against dollar, sells at N440-N445 per dollar

Naira extends gain against dollar, sells at N440-N445 per dollar The CBN governor, Godwin Emefiele while reading the communique in Abuja on Tuesday following the Monetary Policy Committee meeting, stated that the monetary policy rate for banks and businesses was retained at 14 per cent, while Cash Reserve Ratio (CRR) was left at 22.5 per cent and liquidity ratio at 30 per cent, with the asymmetric corridor at +200 and -500 basis points around the MPR. [Full Article...]

Toshiba plans Westinghouse Chapter 11 filing, expects $9 billion in charges

Toshiba plans Westinghouse Chapter 11 filing, expects $9 billion in charges A Chapter 11 filing could help Toshiba limit damage from losses at Westinghouse , the report by the Japanese business daily said, without citing sources for its information, Reuters says. Effissimo is known for its proactive stance on corporate governance, but the fund is unlikely to make aggressive moves on Toshiba , focusing instead on potential gains from the sale of the conglomerate's pr... [Full Article...]

Eddie Stobart gets into gear with £550m flotation

Eddie Stobart gets into gear with £550m flotation Eddie Stobart said with the United Kingdom and European logistics market "highly fragmented", it offers the firm a wide variety of opportunities for growth. The money raised from the IPO will allow the firm to drive up its ambitions to achieve organic growth as well as through bolt-on acquisitions in what the firm called a "highly fragmented" market. [Full Article...]

Looking at the Big Picture for Synergy Pharmaceuticals Inc. (NASDAQ:SGYP)

The stock showed weekly upbeat performance of -2.78%, which maintained for the month at -5.06%. The biopharmaceutical company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.20) by $0.11. Zacks Investment Research downgraded Synergy Pharmaceuticals from a "buy" rating to a "hold" rating in a report on Thursday, January 26th. Hedge funds have recently mo... [Full Article...]

Ambassadors: Senate rejects Nsofor, Daodu; okays 45

Ambassadors: Senate rejects Nsofor, Daodu; okays 45 The Senate committee on foreign affairs, chaired by Mrs Monsurat Sunmonu, APC-Oyo which screened the nominees, presented its report at the plenary on Thursday. The other nominees who scaled the Senate hurdle are: Prof Y. Aliu (Kogi) Nurudeen Mohammed and Prof Mohammed Yisa (both from Kwara), Justice George Adesola Oguntade and Modupe Irele (both from Lagos), Musa Mohammad (Nasarawa), Ahmed Musa Ib... [Full Article...]

CBN slashes BDC rate to N360

CBN slashes BDC rate to N360 He reiterated the determination of the Bank to sustain its current interventions in the market. This is in continuation of its bid to improve liquidity in the system as the naira continues its climb in the foreign exchange market. said. The CBN spokesman also pointed to the directive for banks to process and meet the demand for Travel Allowances (PTA/BTA) by end-users within 24 hours of such a... [Full Article...]

Philly area commuter trains to gain a second level

Philly area commuter trains to gain a second level China Railway Rolling Stock Corporation has committed to delivering the first pilot vehicle by the spring of 2020, and the entire 64 subway cars by September 2021. CRRC MA of Springfield, Massachusetts is producing the coaches, with SEPTA saying the cost "was the best value and most advantageous". Eager to compete with its European and Japanese rivals in this field, China will further develop sm... [Full Article...]

Competition Commission Slaps Rs 591 Cr Fine on Coal India

Competition Commission Slaps Rs 591 Cr Fine on Coal India The stock ended the day with a loss of 2.18 per cent at Rs 291.55 on BSE. On March 20, in a separate case, the appellate tribunal dismissed CIL's appeal against an October 2014 CCI order that also found the coal supplier guilty of unfair trade practices. [Full Article...]

Did you shop at Harbor Freight tools? You may get refunds

Did you shop at Harbor Freight tools? You may get refunds The settlement applies to goods that were purchased from April 8, 2011 through December 15, 2016. Customers who have no documentation of a purchase but claim they bought items during the covered period may receive a $10 Harbor Freight gift card. [Full Article...]

U.S. stocks end mixed as Trump fights for healthcare bill

U.S. stocks end mixed as Trump fights for healthcare bill U.S. 10-year Treasury yields fell to three-week lows on Tuesday and the gap between United States and German 10-year government borrowing costs hit its narrowest since November. Last week, Fed increased key interest rate from a range of 0.5%-0.75% to 0.75%-1%. The CBOE Volatility index, Wall Street's "fear gauge", jumped 10 percent. [Full Article...]

Burlington biotech Flexion could be sold to Sanofi

Burlington biotech Flexion could be sold to Sanofi Stock is now moving with a positive distance from the 200 day simple moving average of approximately 45.17%, and has a solid year to date (YTD) performance of 38.01% which means the stock is constantly adding to its value from the previous fiscal year end price. [Full Article...]

Nike Inc (NKE) Director John C. Lechleiter Buys 1000 Shares

Nike Inc (NKE) Director John C. Lechleiter Buys 1000 Shares Nike Inc (NYSE:NKE) Director John C. Lechleiter bought 1,000 shares of the company's stock in a transaction that occurred on Friday, March 24th. Morgan Stanley raised its stake in Nike by 10.1% in the third quarter. This represents a $0.72 annualized dividend and a yield of 1.29%. Nike's dividend payout ratio (DPR) is 31.72%. TRADEMARK VIOLATION NOTICE: This story was first reported by Chaffey ... [Full Article...]

Retail sales rise 3.7% in February

Retail sales rise 3.7% in February Retail ecommerce sales (excluding automotive fuel) were a particular bright spot, up 3.3% over January and 20.7% greater than a year earlier. United Kingdom retail sales beat expectations in February, rose by 1.4 percent m/m after a downwardly-revised 0.5 percent dip in the previous month, data published by Office for National Statistics showed on Thursday. [Full Article...]

Janus Capital Management LLC Decreases Stake in First Solar, Inc. (FSLR)

Robert W. Baird reissued an outperform rating and set a $40.00 price target (up previously from $33.00) on shares of First Solar in a report on Friday, December 23rd. Given the sheer value in the stock and the upside as the solar industry grows, this is a stock that's very cheap on the market. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is availab... [Full Article...]


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