Markets

Politically, Trump and Modi have much in common, but sticking points loom

Their personal chemistry could prove as important as policy in setting the tone for relations. The White House chief strategist Steve Bannan has "studied Modi " and "they already know where Modi stands, where he wants to take India", Kumar said. [Full Article...]

Airline vet to lead Amtrak in a summer of repairs, reckoning

Airline vet to lead Amtrak in a summer of repairs, reckoning Anderson, who retired a year ago after a decade at the helm of Delta, will start at Amtrak on July 12. Moorman retired in 2015 as chairman, CEO and president of Norfolk Southern Corp (NSC.N) before taking the helm at Amtrak. Amtrak has come under increased pressure to give up control of Penn Station. Anderson, who's been in the airline industry for 25 years, formerly headed Delta and Northwest... [Full Article...]

Gas Prices Drop 3.8 Cents In Chattanooga

Gas Prices Drop 3.8 Cents In Chattanooga The least expensive gas price averages in Georgia were in Augusta-Aiken at $2 per gallon, Macon at $2.04 and Columbus at $2.06. The recent drop in the cost of oil has been a happy surprise for drivers, who are enjoying the cheapest gas prices at the start of summer in 12 years. [Full Article...]

Rite Aid Corp (NYSE:RAD) Institutional Investor Sentiment Is 0.92

Rite Aid Corp (NYSE:RAD) Institutional Investor Sentiment Is 0.92 In current trading day Duluth Holdings Inc. Shares of Rite Aid Corporation ( NYSE:RAD ) opened at 3.11 on Monday. It has underperformed by 71.88% the S&P500. Duluth Holdings Inc. (DLTH ) stock moved with shift of -0.87% in the past week. Group One Trading Lp accumulated 0.17% or 2.11 million shares. Raymond James Finance reported 135,617 shares. [Full Article...]

The Brokerages Expect Citizens Financial Group, Inc

Bernstein. HOG has a 1-week performance of 2.44%. Another trade for 110,430 shares valued at $4.95M was made by FERRANDO JONATHAN P on Monday, March 13. The stock of Procter & Gamble Co (NYSE:PG) has "Overweight" rating given on Tuesday, January 26 by Morgan Stanley. Its up 0.10, from 1.02 in 2016Q3. Other hedge funds have also recently added to or reduced their stakes in the company. [Full Article...]

Hedge fund Paulson & Co discloses 6.3 per cent stake in Valeant

Hedge fund Paulson & Co discloses 6.3 per cent stake in Valeant Valeant Pharmaceuticals Intl (NYSE: VRX ) now has a trailing P/E of -3.9. It has underperformed by 65.21% the S&P500. The stock shows a Short Ratio of 1.73 with the total number of Shares Short (Previous Month) of 47.03 Million. Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Valeant Pharmaceuticals International , Inc. [Full Article...]

Canadian lumber producers brace for second round of softwood lumber duties

Canadian lumber producers brace for second round of softwood lumber duties Secretary of Commerce Wilbur Ross said in a statement . That raises total export tariffs to roughly 27 per cent for about two months until the 19.88 per cent average preliminary countervailing duties come off at the end of August. "As reiterated in the speech from the throne, B.C. will continue to grow offshore markets for B.C. lumber, and also pre-purchase B.C. lumber for use in public housing... [Full Article...]

Co-op Bank says nears rescue deal with investor group

Co-op Bank says nears rescue deal with investor group Co-op said that, given the advanced nature of the proposal, it has made a decision to discontinue the formal sale process. The talks with investors are "advanced" the bank said. THE Co-op Bank's customers should not be affected by the sale process . The troubled lender, which has previously said that it needs an injection of £750m to plug a capital shortfall, put itself up for sale in February ... [Full Article...]

The SunPower Corporation (SPWR) Given Daily Media Impact Score of

SunPower Corporation closed its last trading session at $7.68 with the gain of 13.15%. US based company, SunPower Corporation ( SPWR)'s latest closing price distance was 16.74% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 17.36% and 9.26% compared with the 20 Day Moving Average. [Full Article...]

Colleagues, police at loss to find reason for UPS shooting

Colleagues, police at loss to find reason for UPS shooting In an unrelated event hours earlier, a gunman opened fire at a congressional baseball practice field in Alexandria, Virginia, injuring five people, including U.S. "I feel bad for the people hurt and for the UPS team that was there but survived". He shot Louie in the midst of the meeting. "I told him, you have a problem or feel bad about yourself or your life, the best thing to do is get prof... [Full Article...]

Armed inmates on the run after two correctional officers killed in Georgia

Armed inmates on the run after two correctional officers killed in Georgia They may be armed with the officers' Glock pistols. They are extremely risky. Armed with the officers'.40-caliber Glocks, Rowe and Dubose stopped the first passerby and stole that individual's vehicle, which is described as a 2004 grass-green Honda Civic with the license plate RBJ-6601. [Full Article...]

Girl falls from Six Flags gondola ride in upstate NY

Her little brother was shaken up but uninjured otherwise, she said. Witness Loren Lent told CBS Albany affiliate WRGB-TV that people scrambled to get beneath the girl. Lent managed to catch the whole thing on camera, posting a video to Facebook . She was rushed to hospital after plummeting from the gondola ride but is in a stable condition with no serious injuries. [Full Article...]

Alliancebernstein LP Lowers Position in New York Community Bancorp, Inc. (NYCB)

The Fund's portfolio includes the United States Government and agency mortgage obligations; mortgage-backed securities; corporate bonds and notes, and foreign government and agency bonds and notes. ValuEngine downgraded New York Community Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd. The firm earned "Buy" rating on Tuesday, January 5 by Sterne Agee CRT. [Full Article...]

Italy faces €17bn bill in deal to wind down two failed banks

The new Single Resolution Board intervened for the first time early this morning (7 June) to save Banco Popular, a troubled Spanish bank whose deposits were protected without using taxpayers' money after Banco Santander made a decision to acquire its assets. [Full Article...]

Simple Moving Average Analysis of Spirit Realty Capital, Inc. (SRC)

Spirit Realty Capital earned a news impact score of 0.28 on Accern's scale. Shares of Charles Schwab Corp (NYSE:SCHW) decreased -0.02% and closed at $41.62 after opening 41.93 with the overall traded volume of 8.46 million shares. The original version of this piece can be read at https://www.thestockobserver.com/2017/06/26/teacher-retirement-system-of-texas-increases-stake-in-spirit-realty-capit... [Full Article...]

Investor Research Report on AK Steel Holding Corporation (AKS)

Companies may issue new shares and buy back their own shares. Russell Investments Group Ltd. acquired a new position in Timken Steel Corporation during the fourth quarter valued at $677,000. The firm also recently announced a quarterly dividend, which was paid on Friday, June 9th. This represents a $0.20 annualized dividend and a yield of 0.97%. [Full Article...]

Majestic Wine PLC (MJW) Receives Average Rating of "Hold" from Brokerages

The stock increased 2.10% or $0.95 on June 22, reaching $46.29. In a report issued to investors and clients on 23 June, Deutsche reiterated their Hold rating on shares of MARS. Berenberg maintained it with "Buy" rating and GBX 570 target in Wednesday, January 20 report. BNP Paribas has "Neutral" rating and GBX 275 target. The firm has "Buy" rating given on Wednesday, June 29 by Canaccord Genuity. [Full Article...]

Takata Files For Bankruptcy, Overwhelmed By Air Bag Recalls

Takata Files For Bankruptcy, Overwhelmed By Air Bag Recalls Toyota Motor Corp., for its part, has said it is not sure whether it will be able to receive the 570 billion yen in recall fees owed by Takata . Late 1990s: Takata begins making air bags with ammonium nitrate. Some automakers expand recalls; Chrysler, Mitsubishi Motors Corp, Fuji Heavy Industries, General Motors Co join recalls, pushing global total over 31 million vehicles. [Full Article...]

Trump greets Indian PM Modi at White House

The Indian Prime Minister, who is on a two-day visit to the U.S. capital, held a roundtable here with 21 top executives of American companies. The Trump-Modi meeting "is meant to. The U.S. says the militant group has claimed responsibility for several attacks. "When India conducted surgical strikes the world experienced our power and realized that India practices restrain but can show power wh... [Full Article...]

Alibaba Group Holding Limited

Emerging Sovereign Group Llc sold 571,420 shares as Alibaba Group Hldg Ltd ( BABA)'s stock rose 22.58%. About 14.48M shares traded. Telefonica Adr now has $54.17B valuation. It also reduced Mastercard (NYSE:MA) stake by 413,209 shares and now owns 660,253 shares. J And J Snack Foods (NASDAQ:JJSF) was raised too. When investing in a volatile security, the risk of success is increased just as muc... [Full Article...]


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