Markets

Ex-NSA Official Confirms Ransomware Based on Flaw Swiped from NSA

It is estimated that the virtual breach negatively impacted more than 150 countries. There are many different families of ransomware", he said, adding , "It's getting bigger. "They're kind of stuck now because the world is looking for them and the minute they touch those bitcoin wallets, they're going to leave a trail and people are going to be on to them", she said. [Full Article...]

Housing Starts Stateside Fell Last Month

Housing Starts Stateside Fell Last Month Housing starts dropped 2.6 percent to a seasonally adjusted annual rate of 1.17 million units, the Commerce Department said on Tuesday. Gross domestic product increased at a pedestrian 0.7 per cent annualized rate in the first three months of 2017. [Full Article...]

Tata Steel posts surprise loss after British pension charge

Tata Steel posts surprise loss after British pension charge Tata Steel reported consolidated revenues of Rs 35,304.9 crore, up over 30 percent against Rs 27,071 crore posted during the corresponding quarter of a year ago. As well as the Wednesfield Steelpark, Tata Steel employs around another 100 at Walsall and Brierley Hill. Tata Steel UK and the British Steel Pension Scheme trustees have agreed in principle on the key terms of a regulated apportion... [Full Article...]

Bank of England leaves rates unchanged, lowers 2017 growth forecast

Bank of England leaves rates unchanged, lowers 2017 growth forecast Inflation forecasts have also been mildly adjusted with the BOE bringing forward its expectations for consumer price inflation (CPI) to peak over the forecast period in the final quarter of this year at around 2.8 percent, as opposed to its earlier estimate that the highest point would be reached in the second quarter of 2018. [Full Article...]

Active Volume Stock: Dick's Sporting Goods Inc. (DKS)

Active Volume Stock: Dick's Sporting Goods Inc. (DKS) It is down 17.31% since October 6, 2016 and is downtrending. It has underperformed by 21.53% the S&P500. MMAC's SI was 5,200 shares in May as released by FINRA. Zacks Investment Research downgraded Big 5 Sporting Goods from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 9th. [Full Article...]

Prestige Brands Holdings, Inc. (PBH) Releases FY18 Earnings Guidance

The company is expected to next release earnings on or around 2017-07-27. The consensus analysts recommendation at this point stands at 1.80 on Spectrum Brands Holdings, Inc. The firm has a market cap of $2.71 billion, a PE ratio of 37.91 and a beta of 1.56. The firm's 50 day moving average is $56.18 and its 200 day moving average is $53.09. [Full Article...]

China's Xi decries protectionism, touts Silk Road

Highlighting poverty, underdevelopment, foreign intervention and other issues as major causes for tensions and turmoil in the Middle East, Khoshrou stressed that the Belt and Road Initiative "would help reduce tensions in the Middle East through economic development, economic cooperation and job creation". [Full Article...]

White House denies Trump's revealing of classified info to Russia

White House denies Trump's revealing of classified info to Russia Trump 'revealed more information to the Russian ambassador than we have shared with our own allies'. "I think it was disgraceful that the intelligence agencies allowed any information that turned out to be so false and fake" to get out, Trump said at a press conference. [Full Article...]

Encana Corp's (ECA) Hold Rating Reiterated at TD Securities

The stock rose 0.56% or $0.07 reaching $13.45. AlphaOne, a unit of Accern, identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. The oil and gas company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.08. ECA generated revenue of $819.54 Million in the same quarter, one year ago. [Full Article...]

Falling profits for Premier Foods

Falling profits for Premier Foods Revenue Growth: Premier Foods now aims to protect its revenues on both United Kingdom and worldwide levels, as well as to protect its strategic partnerships, including the recent long-term deal with Mondelez and Cadbury, which it claims will bring £20 million over the next two years. [Full Article...]

Today's Brokerage Rating: Sprint Corporation (S), NVIDIA Corporation (NVDA)

Today's Brokerage Rating: Sprint Corporation (S), NVIDIA Corporation (NVDA) The company's 50-day moving average price is $104.98 and its 200-day moving average price is $100.11. The company has a market cap of $74.51 billion, a PE ratio of 49.22 and a beta of 1.31. Arete Wealth Advisors LLC boosted its position in NVIDIA by 0.3% in the first quarter. Ltd. now owns 925,966 shares of the computer hardware maker's stock valued at $63,447,000 after buying an additional 20,468... [Full Article...]

Liberum Capital Gives Unite Group PLC Price Target With Potential 11.71% Upside

About shares traded. Torchlight Energy Resources Inc (NASDAQ:TRCH) has risen 51.11% since October 4, 2016 and is uptrending. Man Group Plc (LON:EMG) had its price target hoisted by Liberum Capital from GBX 148 ($1.91) to GBX 177 ($2.29) in a research note released on Wednesday. [Full Article...]

$0.32 Earnings Per Share Expected for Heritage Financial Corp (HFWA) This Quarter

Bank of America Corp had a return on equity of 6.85% and a net margin of 18.10%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. Institutional investors own 73.32% of the company's stock. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense o... [Full Article...]

British Columbia Energy at Stake With Vote Too Close to Call

The party took several Liberal ridings in the city of Vancouver and won a handful of battleground ridings in the suburbs of Metro Vancouver, including seats in Surrey, Coquitlam and Delta. "The whole finance reform, the Greens and the NDP are very close that Christy Clark can never offer that", Stevenson said. He could demand the Liberals agree to give the Greens' official party status , even tho... [Full Article...]

UN Security Council for imposing sanctions on North Korea's missile test

UN Security Council for imposing sanctions on North Korea's missile test On the respected 38 North website, aerospace engineering specialist John Schilling said it appeared to be an intermediate-range ballistic missile that could "reliably strike the U.S. The long-range strategic ballistic rocket Hwasong-12 (Mars-12) is launched during a test in this undated photo released by North Korea's Korean Central News Agency ( KCNA ) on May 15, 2017. [Full Article...]

Israel 'shocked' over Trump aide's Western Wall comments

A White House spokesman later told CNN: "These comments were not authorized by the White House". Israel demanded an explanation from the White House Monday after a USA official reportedly questioned the country's claim to the Western Wall in Jerusalem's Old City. [Full Article...]

As trial nears, Bill Cosby says racism could be a factor

As trial nears, Bill Cosby says racism could be a factor With that backdrop, Cosby granted a rare interview to Michael Smerconish on his radio program on the SiriusXM POTUS channel. "When you look at the power structure and when you look at individuals, there are some people that can very well be motivated by whether or not they're going to work or whether they might be able to get back at someone". [Full Article...]

Oil rises on expectations of extended supply curbs

Oil rises on expectations of extended supply curbs He was speaking after Saudi Arabia and Russian Federation, the world's two top oil producers, agreed on Monday on the need to extend the cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices. "We are sceptical about Russia's willingness to actively participate in any extended cuts". Still, some market participants remain concerned OPEC's moves to restr... [Full Article...]

Burberry Group plc (BRBY) Stock Rating Upgraded by Credit Suisse Group AG

Diageo plc (LON:DGE) has risen 1.83% since October 10, 2016 and is uptrending. It has outperformed by 16.29% the S&P500. Other analysts also recently issued reports about the stock. ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip, analog, logic, timing, and discrete devices. [Full Article...]

White House denies Trump revealed classified info to Russians

Every time I feel like we're getting a handle on the last Russian Federation fiasco, a new one pops", a White House staffer said. Trump's disclosures jeopardised a critical source of intelligence on the Islamic State, according to the officials. [Full Article...]


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