Markets

Acquires 675 Shares of Vodafone Group PLC (VOD)

It has underperformed by 16.70% the S&P500. Bank of America Corporation raised shares of Vodafone Group PLC from a "neutral" rating to a "buy" rating and set a $32.56 price target for the company in a research report on Wednesday, August 9th. [Full Article...]

Hurricane Harvey fuels gas hike in Texas, local prices remain steady

Hurricane Harvey fuels gas hike in Texas, local prices remain steady Patrick DeHaan, senior petroleum analyst at GasBuddy .com, said prices could rise 5 cents to 15 cents a gallon in the Capital Region over the next week to week and a half. Roughly 2.5 million barrels of daily refining capacity is offline, he added, which represents about one-fifth of the total production in the U.S. "Number 2 priority is to watch the civil infrastructure and see how that respon... [Full Article...]

Oil platforms being evacuated due to Tropical Storm Harvey

Oil platforms being evacuated due to Tropical Storm Harvey Hurricane Harvey came ashore over the weekend as the most powerful hurricane to hit Texas in more than 50 years, killing at least two people, causing large-scale flooding, and forcing the closure of Houston port as well as several refineries. [Full Article...]

Marathon Petroleum Corporation (MPC) Upgraded by BidaskClub to "Hold"

Marathon Petroleum Corporation (MPC) Upgraded by BidaskClub to Engineers Gate Manager Lp holds 0.07% of its portfolio in Marathon Petroleum Corp (NYSE: MPC ) for 12,200 shares. Jefferies maintained the stock with "Hold" rating in Wednesday, September 28 report. The stock declined 0.85% or $0.64 reaching $74.89 on the news. Arrow Fincl holds 200 shares. Gould Asset Mgmt Ltd Liability Corporation Ca holds 0.15% of its portfolio in Bunge Ltd (NYSE:BG) for 4,080 ... [Full Article...]

Boosts Position in Cisco Systems, Inc. (CSCO)

It opened the session with a $31.39 price tag, later ranging from $31.36 to $31.8, the range at which the stock has traded at throughout the day. Strs Ohio now owns 5,991,681 shares of the network equipment provider's stock valued at $202,518,000 after buying an additional 634,331 shares during the last quarter. [Full Article...]

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

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...]


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