Markets

Inflation hits 2.9% as fuel and clothing costs grow

Inflation hits 2.9% as fuel and clothing costs grow The Office for National Statistics said Tuesday that consumer prices rose 2.9% in August compared with a year earlier, as prices for clothing and footwear rose at the fastest annual pace since records began. The data helped sterling to its highest level against the dollar for nearly a year - trading at $1.3267. United Kingdom inflation is surging even more than expected, official consumer price ... [Full Article...]

Assets of 7 MPs, 98 MLAs have skyrocketed: CBDT

Assets of 7 MPs, 98 MLAs have skyrocketed: CBDT The Central Board of Direct Taxes will submit in a sealed envelope to the Supreme Court the names of seven Lok Sabha MPs whose wealth has seen a disproportionate increase, according to various media reports . The court, while hearing the case on September 6, had termed an earlier affidavit filed by the CBDT as incomplete and asked the department to file a fresh one. [Full Article...]

Tenet Healthcare Corp (NYSE:THC) Announces Shareholder Rights Plan

The stock increased 0.55% or $0.16 on September 8, reaching $29.27. 1,220,839 shares of the company traded hands. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since September 10, 2016 and is uptrending. Oxford Asset Mgmt has 0.13% invested in Tenet Healthcare Corp (NYSE:THC). Equities analysts expect that Tenet Healthcare Corporation will post $0.83 earnings per share for the current year. [Full Article...]

Wheeler Real Estate Investment (WHLRW) Shares Spotted Above Chikou Line

A number of other research firms have also recently commented on PEI . More interesting news about Fortune Real Estate Investment Trust (SGX:F25U) was released by: Fortune.com and their article: "How the Kushner Family's Real Estate Fumble May Entangle Trump's White House" with publication date: September 02, 2017. [Full Article...]

Miami International Airport closed as Hurricane Irma approaches

Miami International Airport closed as Hurricane Irma approaches Meanwhile, Miami International Airport will remain closed Monday. In Central Florida , no passenger flights were planned at Orlando International, with more than 300 flights canceled Monday. ET, according to FlightStats , and the airport won't resume commercial flying until Tuesday. Delta plans to restart flights on Tuesday, September 12. [Full Article...]

Investor's Watch: Cliffs Natural Resources Inc (CLF)

On additional rally, the share price will meet short term resistance at around $8.36. In the past 3-month period alone, shares of CLF have appreciated +1.83 - or +29.85%. Taking a broader look at the analyst consensus, according to 7 analysts Cliffs Natural Resources Inc (NYSE:CLF)'s price will reach at $7 during 52 weeks. [Full Article...]

Sirius XM Holdings Target of Unusually Large Options Trading (NASDAQ:SIRI)

Berkshire Hathaway Inc owns $765.43 million in Sirius XM Holdings Inc., which represents roughly 3.05% of the company's market cap and approximately 14.22% of the institutional ownership. According to the the latest analyst ratings which have been released, 3 brokers have issued a rating of "buy", 5 brokers "outperform", 7 brokers "hold", 2 brokers "underperform" and 0 brokers "sell". [Full Article...]

Baltimore Gas and Electric employees go to help fix outages in Florida

Baltimore Gas and Electric employees go to help fix outages in Florida Gulf Power activated its McCrary Storm and Training Center for a real-world event for the first time since the center opened in 2015. The Associated Press reported 1.3 million Florida customers had lost power Saturday night and Sunday as Irma came ashore. [Full Article...]

Thyssenkrupp says Tata Steel merger deal may come in September

Thyssenkrupp says Tata Steel merger deal may come in September The pension scheme has been a major stumbling block in a possible merger between the Indian steelmaker and Thyssenkrupp, because the German company was opposed to taking on 15 billion pounds ($19.82 billion) in United Kingdom pension liabilities. [Full Article...]

Neuberger Berman Group LLC Reduces Holdings in Enbridge Energy Management LLC (EEQ)

Neuberger Berman Group LLC Reduces Holdings in Enbridge Energy Management LLC (EEQ) Credit Suisse AG - VelocityShares Daily Inverse VIX Short Term ETN (NASDAQ:XIV) has risen 166.34% since September 8, 2016 and is uptrending. It has outperformed by 5.02% the S&P500. Credit Suisse maintained Enbridge Energy Partners, L.P. (NYSE:EEP) rating on Thursday, February 18. As per Monday, January 30, the company rating was downgraded by Mizuho. [Full Article...]

IShares Short-Term National Muni Bond ETF (SUB) Shares Tick Down -0.06%

IShares Short-Term National Muni Bond ETF (SUB) Shares Tick Down -0.06% Market tops tend to occur when the MFI is above 70 or 80. MA's may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. This range falls on a scale between 0 and 100. A reading between 0 and -20 would indicate an overbought situation. On the other end of the spectrum, a reading under 30 may indicate an oversold ... [Full Article...]

Russian Federation and China agree sanctions against North Korea useless

Russian Federation and China agree sanctions against North Korea useless The leaders met on the sidelines of an economic summit in the Russian far eastern city of Vladivostok as global concerns grow over Pyongyang's powerful nuclear test at the weekend. Abe is due to meet Putin separately later in the day. Putin, speaking in China on Tuesday, condemned North Korea's nuclear test as provocative, but said Russian Federation views sanctions as "useless and ineffective". [Full Article...]

Nordstrom to open a store with no merchandise

Nordstrom to open a store with no merchandise Nordstrom Local , which will open October 3 at 8401 Melrose Place , will have no dedicated inventory. Still, that is not without risk at a time shoppers have ample tools at their disposal to figure out what trends are hot and appealing and are more likely to trust Instragram influencers that a store employee. [Full Article...]

Anadarko Petroleum Corporation's (NYSE:APC) "Buy" Rating Reaffirmed at Stifel Nicolaus

Anadarko Petroleum Corporation's (NYSE:APC) Citigroup upgraded Anadarko Petroleum Corporation (NYSE: APC ) on Tuesday, January 5 to "Buy" rating. Supplemental Annuity Collective Trust Of Nj invested in 0.2% or 6,000 shares. The stock price recently experienced a 5-day loss of -0.02% with 1.07 average true range (ATR). Its down 0.20, from 1.02 in 2016Q3. JPMorgan Chase & Co. [Full Article...]

Texans' JJ Watt Dislocates Finger, Probable To Return vs. Jaguars

Texans' JJ Watt Dislocates Finger, Probable To Return vs. Jaguars The Texans surrendered 10 sacks of Savage and Watson, with the left side of their line serving as little more than a turnstile. Watson came in and sparked the offense to open the second half, leading the team to its only points of the game in the third quarter. [Full Article...]

Sir Richard Branson rode out Hurricane Irma on his private island

Hurricane Irma has brought significant damage to much of the Caribbean as it's barreled towards South Florida. Sam Branson , Sir Richard's son wrote on Instagram that he, the staff and his father are all ok. The Virgin boss shared pictures of his team holed up together in bunk beds as they waited out the storm. "We are very fortunate to have a strong cellar built into Necker's Great House an... [Full Article...]

US Virgin Islands Redirected Money Meant for Hurricane Relief Efforts For Years

US Virgin Islands Redirected Money Meant for Hurricane Relief Efforts For Years Specifically, the billionaire Virgin founder planned to courageous the worst of the powerful storm in his wine cellar. "Our thoughts go out to everyone affected by the disaster elsewhere in the BVI, Caribbean and beyond". Branson made light of the situation in a tweet, saying: "I haven't had a sleepover quite like this since I was a kid". "Knowing our wonderful team as I do, I suspect there will... [Full Article...]

Florida National Guard May Mobilize 8K Troops for Irma

Florida National Guard May Mobilize 8K Troops for Irma That follows reports of airlines charging customers attempting to fly out of affected areas ahead of the storm as much as 10 times the normal airfare, The Miami Herald reports. "The fact that everything was gone so quickly tells me that (not having time to react and adjust anything manually) airlines were selling seats rather inexpensively, so most of the seats were quickly gone... [Full Article...]

The Coca-Cola Company (KO) added to 104 new portfolios

The Coca-Cola Company (KO) added to 104 new portfolios These shares are worth $4,610,000 and were traded at $46.1 each. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since September 10, 2016 and is uptrending. Cadence Mngmt Ltd Liability Com invested in 282,646 shares. Hallmark Capital Mgmt stated it has 0% of its portfolio in The Coca-Cola Co (NYSE:KO). Gamco Invsts Et Al reported 0.29% stake. [Full Article...]

Delta Air Lines Inc. (DAL) Position Maintained by DnB Asset Management AS

Five brokerage firms have published forecasts for Delta Air Lines' earnings. (NYSE: DAL ), with 11 analysts believing it is a strong buy. It has underperformed by 4.87% the S&P500.The move comes after 9 months positive chart setup for the $35.83 billion company. [Full Article...]


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