Markets

VMware Updates Data Center Modernization Software; Offering on Amazon Web Services

VMware Updates Data Center Modernization Software; Offering on Amazon Web Services After an attempt to become a cloud service provider itself - which appears to have seen mixed results - VMware's new cloud strategy can be summarized as wanting to be the glue that holds a customer's multi-cloud infrastructure together, including private cloud (on-premises or outsourced), and numerous public cloud platforms. [Full Article...]

(NYSE:PFE) and Comcast Corporation (NASDAQ:CMCSA)

Comcast Corporation ( NASDAQ CMCSA ) traded up 0.22% on Monday, reaching $40.29. About 98,675 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since August 28, 2016 and is uptrending. Majedie Asset Management Limited reported 68,346 shares. The performance week for Comcast Corporation is at -0.79% and the performance month is at 1.95%. [Full Article...]

Nike, Inc. (NKE) Stake Raised by Gofen & Glossberg LLC IL

Nike, Inc. (NKE) Stake Raised by Gofen & Glossberg LLC IL The stock plummeted -8.13 percent over the past month and rose 6.04 percent year-to-date. The Atlanta Capital Group holds 36,990 shares with $1.88 million value, down from 56,415 last quarter. Nomura reaffirmed a "buy" rating on shares of Nike in a research report on Monday, May 15th. Barclays Capital maintained Nike Inc (NYSE: NKE ) rating on Thursday, March 23. [Full Article...]

Vanguard Group Inc Now Owns 40257187 Shares In NVIDIA Corporation (NVDA)

The rating was maintained by M Partners with "Buy" on Thursday, September 15. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The rating was reinitiated by RBC Capital Markets on Friday, August 28 with "Sector Perform". Finally, BidaskClub raised shares of NVIDIA Corporation from a "buy" rating to a "strong-buy" rating in a research report on Monday, J... [Full Article...]

Smith Salley & Associates Decreases Stake in Costco Wholesale Corporation (COST)

Smith Salley & Associates Decreases Stake in Costco Wholesale Corporation (COST) Waratah Capital Advisors Ltd acquired 97,606 shares as Costco Whsl Corp New ( COST)'s stock rose 1.54%. Harvest Capital Management Inc now owns 2,145 shares of the retailer's stock valued at $360,000 after buying an additional 45 shares in the last quarter. [Full Article...]

Renault "need to sort it out" says Horner

Renault Verstappen was fifth and had completed just eight laps in front of an 80 000-strong Dutch army in a record crowd at the spectacular Spa-Francorchamps - more than 265 000 packed in during the weekend - before he lost power and parked his vehicle. [Full Article...]

Here are the big winners from Elon Musk's Hyperloop competition

Here are the big winners from Elon Musk's Hyperloop competition The Hyperloop competition is created to test prototypes for a new form of transportation - pods that travel at near-supersonic speeds through a specially constructed tube. Elon Musk really wants the Hyperloop system to become a legitimate form of transport for both passengers and freight. More than 1,000 students from 120 colleges and universities around the world brought their creations to Texa... [Full Article...]

United States central bank chief rebukes Trump over plan to lift regulations

She has often made such remarks before. She was first nominated by Obama for the four-year term, after having served as president of the Federal Reserve Bank of San Francisco. Cohn might not have helped his chances Friday as he publicly criticized Trump's response to the violence in Charlottesville, Va. If you're a commercial banker, low-interest rates are a drag on profits. [Full Article...]

Gilead Seeks Diversification Into Immuno-oncology Space With $11.9 Billion Kite Buy

Gilead Seeks Diversification Into Immuno-oncology Space With $11.9 Billion Kite Buy Gilead Sciences , Inc. (NASDAQ: GILD ) has declined 21.80% since August 27, 2016 and is downtrending. It has underperformed by 38.50% the S&P500. Gilead's shares were little changed in premarket trading, while Juno's shares rose almost 14 percent and Bluebird's 2.6 percent. [Full Article...]

Yellen bucks Trump, defends banking overhaul passed after 2008 crisis

The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed in 2010 by the then president Barack Obama in response to the financial crisis . "The balance of research suggests that the core reforms we have put in place have substantially boosted resilience without unduly limiting credit availability or economic growth", the Fed chair said at an annual central bank research conference. [Full Article...]

Samsung Galaxy Note 8 Is Worth A Look

Samsung Galaxy Note 8 Is Worth A Look The Samsung Galaxy Note 8 is a big and powerful smartphone with a lot of neat new features . "We have been closely working with Samsung to make meaningful advancements in the science of smartphone quality and safety evaluation". However for those who don't want to use their fingerprint sensor due to this problem can take advantage of the Samsung's iris scanner, allowing you to unlock ... [Full Article...]

Oil slips almost 3 pct as USA refineries shut ahead of Harvey

Oil slips almost 3 pct as USA refineries shut ahead of Harvey Brent crude was 30 cents higher at $52.34 after touching a high of $52.68. USA light, sweet crude was 5 cents lower at $48.36 a barrel. Both crude futures contracts rose more than 1% yesterday, also buoyed by potential output disruptions from the Gulf of Mexico storm. [Full Article...]

Whole Foods prices are about to fall

Whole Foods prices are about to fall Looking ahead, Amazon hopes to give members of its Prime program special savings and other in-store benefits. Amazon will pay $42 per Whole Foods share, an 18 percent premium from its price the day before the tie-up was announced June 16. [Full Article...]

Australia's competition watchdog takes ticket reseller Viagogo to court

Australia's competition watchdog takes ticket reseller Viagogo to court Choice also launched its Ticked Off campaign page, which invites ticket buyers to share their experiences with online ticket sales while trade body Live Performance Australia has issued its own Safe Tix Guide to help consumers spot unscrupulous ticketing firms. [Full Article...]

Whole Foods is now selling the Amazon Echo

Whole Foods is now selling the Amazon Echo Prices will be continuously lowered as Amazon and Whole Foods conduct innovations together. In addition to the lower-priced grocery items Amazon noted in its announcement last week , workers said this weekend that Whole Foods' private label products - like those labeled with "365 Everyday Value" - will also be discounted. [Full Article...]

Revision in Analysts' Earnings Estimates: Plains All American Pipeline, LP (PAA)

Revision in Analysts' Earnings Estimates: Plains All American Pipeline, LP (PAA) Among 5 analysts covering Fred's ( NASDAQ:FRED ), 1 have Buy rating, 1 Sell and 3 Hold. The firm has "Perform" rating given on Monday, December 21 by Oppenheimer. Glenmede Tru Na holds 0.03% of its portfolio in Plains All American Pipeline, L.P. (NYSE: PAA ) for 193,412 shares. Estabrook reported 3,040 shares. Hillsdale Invest Inc has 0.08% invested in Plains All American Pipeline, L.P. [Full Article...]

Divers locate human remains in warship: U.S. admiral

Divers locate human remains in warship: U.S. admiral Vice Admiral Joseph Aucoin, the three-star commander of the 7th Fleet, will be relieved of his command on Wednesday after a series of collisions have occurred this year, two USA officials told the Wall Street Journal on Tuesday. Swift, speaking Tuesday at a news conference in Singapore where the McCain is now docked, said Navy divers had found remains of some of the missing in a flooded comp... [Full Article...]

Rugged backdrop of Jackson Hole suits Yellen's tough talk

Instead of discussing the condition of the United States economy and on the implication for interest rates or the Fed's US$4.5 trillion balance sheet, Ms Yellen's speech focused on the post-crisis tightening of financial regulation and the need for it to be kept largely in place. [Full Article...]

Are Analysts Bearish Coca Cola HBC AG (LON:CCH) After Last Week?

Are Analysts Bearish Coca Cola HBC AG (LON:CCH) After Last Week? Exxon Mobil Corp now has $326.73 billion valuation. The stock increased 0.35% or $0.16 during the last trading session, reaching $45.57. About 308 shares traded. Jefferies maintained the shares of BAC in report on Monday, October 10 with "Buy" rating. Zacks upgraded the shares of ADRO in report on Thursday, September 3 to "Hold" rating. [Full Article...]

RBI to introduce brand new Rs 1000 note

RBI to introduce brand new Rs 1000 note Prime Minister Narendra Modi, in a surprise move a year ago, abolished Rs 500 and Rs 1,000 notes overnight in a bid to end black money in the country. Meanwhile, whether the new Rs 1000 notes will be available in ATMs or not and the security features it carries are not yet clear. The all-new Rs 1,000 currency note will come with enhanced security features and a new design by December. [Full Article...]


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