Markets

Toshiba prefers US-Japan bidder for memory chip biz sale

The struggling Japanese conglomerate said Wednesday it has picked a bid worth about 2 trillion yen ($18 billion) from a consortium driven by the Innovation Network Corporation of Japan (INCJ), a state-backed fund. However, the sale of Toshiba's profitable memory chip business, seen as key for the cash-strapped firm's turnaround, still faces hurdles as its USA chip factory partner Western Digital t... [Full Article...]

EU, Britain possible to strike "fair deal": EU chief negotiator

Citizens' rights, Britain's exit bill, and separation issues such as the border between Ireland and Northern Ireland will be addressed first, the EU's chief negotiator, Michel Barnier of France, and the UK's Brexit Secretary David Davis announced at a joint news conference in Brussels. [Full Article...]

Tropical Storm Cindy bears down on Gulf Coast

Tropical Storm Cindy bears down on Gulf Coast Gusty winds, rip currents and isolated tornadoes are also expected. The forecast for the Houston area continues to worsen as the National Hurricane Center has issued a tropical storm warning for Harris and Galveston counties as Tropical Storm Cindy churns toward the Texas coast. [Full Article...]

Liberal ministers meet Lockheed Martin at Paris Air Show, snub Boeing

Liberal ministers meet Lockheed Martin at Paris Air Show, snub Boeing Since May 2, F-35 pilots on five occasions reported symptoms of hypoxia, or oxygen deprivation, he said. A Boeing 737 MAX is seen on the static display, before the opening of the 52nd Paris Air Show at Le Bourget airport near Paris, France, June 16, 2017. [Full Article...]

JBS plans sale of Moy Park, amid $2bn asset sell-off

JBS plans sale of Moy Park, amid $2bn asset sell-off Assets put up for sale in the new disposal programme include Moy Park, the UK-based poultry group bought from Marfrig Global Foods, another Brazil-based rival, for $1.5bn, comprising $1.21bn in equity and £193m in debt. "We're relieved to know that the packing plant will continue to operate and will be functional", Gabel said, "because we merchandize an terrible lot of market ready cattle to JBS". [Full Article...]

Analyst's Proposition on MGIC Investment Corporation (MTG), Synergy Pharmaceuticals Inc. (SGYP)

MGIC Investment Corporation (NYSE: MTG ) last issued its earnings results on Thursday, April 20th. The stock declined 1.24% or $0.14 reaching $11.17 per share. BTIG Research reaffirmed a "buy" rating and issued a $12.00 price objective on shares of MGIC Investment Corporation in a research note on Wednesday, April 19th. [Full Article...]

Turkey's Erdogan Dismisses Charges Qatar Backs Terrorism, Pledges Aid

Turkey's Erdogan Dismisses Charges Qatar Backs Terrorism, Pledges Aid Rex Tillerson's statement comes five days after Saudi Arabia , Bahrain , the UAE and Egypt cut diplomatic ties and transport links with Qatar, closing, air land and sea borders over and sending the Gulf Cooperation Council (GCC ) countries into their largest crisis in years. [Full Article...]

FedEx tops 4Q forecasts with boost from online shoppers

FedEx tops 4Q forecasts with boost from online shoppers About 98,424 shares traded. FedEx Corporation has a 52-week low of $145.00 and a 52-week high of $211.88. It has outperformed by 40.63% the S&P500. Therefore 31% are positive. Pnc Fincl Grp reported 0% in PerkinElmer, Inc. Copper Rock Cap Ltd Llc, a Massachusetts-based fund reported 396,001 shares. Bartlett & Limited Com holds 93 shares or 0% of its portfolio. [Full Article...]

No conclusion yet on US student's cause of death

No conclusion yet on US student's cause of death A statement from the family said: "Unfortunately, the bad torturous mistreatment our son received at the hands of the North Koreans ensured that no other outcome was possible beyond the sad one we experienced today". Warmbier's parents released a statement after his death on Monday. Based in Xi'an, China, the "budget adventure travel" company offers tours to "destinations your mother would r... [Full Article...]

NewsAlert: Bill creates new super-watchdog to oversee intelligence agencies

NewsAlert: Bill creates new super-watchdog to oversee intelligence agencies Many people expressed concern that those new measures could violate Canada's rights charter. The bill amends other elements of the Conservative legislation, tightening provisions on information-sharing among federal agencies, redefining terrorist propaganda and narrowing a general prohibition against promoting terrorism offences to the crime of counselling someone to commit a terrorist offence... [Full Article...]

Former Obama staff: We never stopped trying to bring Otto Warmbier home

Three Americans now remain detained in North Korea. He reiterated to the AP today, "They just murdered him". "The question is: do I think the past administration could have done more? ". North Korean leader Kim Jong Un inspects the defence detachment on Jangjae Islet and the Hero Defence Detachment on Mu Islet located in the southernmost part of the waters off the southwest front, in t... [Full Article...]

Ctrip.com International, Ltd. (CTRP) Shares Sold by Artisan Partners Limited Partnership

The average revenue per share growth rate of Ctrip.com International Ltd. during the past 12 months was 19.4 percent. It has outperformed by 14.89% the S&P500. Ctrip.com International, Ltd. has a 1-year low of $37.36 and a 1-year high of $58.58. As per Tuesday, December 8, the company rating was downgraded by HSBC. [Full Article...]

Capital Trust (BXMT) Earning Favorable Media Coverage, Analysis Finds

The firm has "Hold" rating given on Friday, June 10 by TD Securities. The firm has "Neutral" rating by UBS given on Wednesday, January 27. The firm has "Market Perform" rating by BMO Capital Markets given on Monday, May 29. According to Zacks, "PennyMac Mortgage Investment Trust is a real estate investment trust". News articles about PennyMac Mortgage Investment Trust (NYSE: PMT ) have trended... [Full Article...]

Chipotle's stock suffering biggest selloff this year after downbeat outlook

Chipotle's stock suffering biggest selloff this year after downbeat outlook The firm has a market capitalization of $12.20 billion, a price-to-earnings ratio of 131.64 and a beta of 0.56. The stock rose 0.09% or $0.04 reaching $44.3. Investors are reacting strongly to the news, as it seemingly confirms fears that Chipotle is still struggling to recover from the food safety scandals of late 2015. [Full Article...]

Avon Products, Inc. (NYSE:AVP), Atwood Oceanics, Inc. (NYSE:ATW)

Huntington Commercial Bank invested in 0% or 294 shares. Looking at this figure it suggests that the shares of Atwood Oceanics , Inc. (NYSE: ATW ) has been 4.06 million shares per day over the past 30 days. IMI PLC had 158 analyst reports since July 27, 2015 according to SRatingsIntel. KLR Group upgraded Atwood Oceanics , Inc. (NYSE:ATW) on Wednesday, September 14 with "Sector Perform" rating. [Full Article...]

Tropical System to Drench the Gulf Coast

The storm could be near the Louisiana coast sometime late Wednesday, but forecaster have warned that the system's main danger is heavy rains, especially north and northeast of the center. The core of the storm (the heaviest rains and gusty winds, and its risk of tornadoes with a landfall tropical cyclone) stay away from us. Coastal Louisiana and Texas are under a tropical storm warning, an... [Full Article...]

Oil prices increase amidst production cut, tensions in Middle East

Oil prices increase amidst production cut, tensions in Middle East Qatar , though a OPEC nation, is considered a minor crude producer. "This means shale producers see prices under $50 to be still economical", said a Singapore-based crude trader. According to Vivek Dhar, mining and energy analyst at the Commonwealth Bank, this saw concerns surrounding oversupply in the U.S. market intensify, leading to the enormous selloff in WTI crude futures. [Full Article...]

Oil prices decline as doubts grow over OPEC's supply cuts

Shale oil production is expected to continue growing in the U.S. The number of operating rigs there has increased for 21 straight weeks, according to oil field services company Baker Hughes. In a separate report , the U.S. Energy Information Administration said U.S. crude stockpiles fell by 1.7 million barrels last week, short of the 2.7 million barrels decrease analysts were expecting. [Full Article...]

Watch Tapwrit win 2017 Belmont Stakes

Tapwrit and Patch are trained by Todd Pletcher , who sought his third career Belmont. (His name is, ironically, not derived from the missing eye.) So if the Belmont belonged to anybody, it was Pletcher, who had won the race twice before. [Full Article...]

Family Management Corp Holds Position in Energy Transfer Equity, LP (ETE)

Family Management Corp Holds Position in Energy Transfer Equity, LP (ETE) Ray Gerald L And Assocs Ltd accumulated 73,948 shares or 0.21% of the stock. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Currently, EPS of Energy Transfer Equity, L.P. (ETE) is 0.22 while the analysts predicted the EPS of the stock to be 0.27 suggesting the company fell short of the analysts' expe... [Full Article...]


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