Markets

Georgia joblessness falls to lowest rate in 10 years despite hurricanes

Economists surveyed by The Wall Street Journal expected 239,000 new claims last week. The economy shed 33,000 jobs last month - the first monthly loss in almost seven years - after Hurricanes Harvey, Irma and Maria lashed the South as well as Puerto Rico and the Carribean, leaving more than 100,000 restaurant workers without jobs. [Full Article...]

QUALCOMM Incorporated (QCOM) to Issue Quarterly Dividend of $0.57

CLSA initiated it with "Outperform" rating and $65 target in Tuesday, May 17 report. Snow Management LP reported 800,855 shares. Canaccord Genuity maintained the shares of QCOM in report on Thursday, November 5 with "Buy" rating. Investors sentiment increased to 1.41 in 2017 Q2. QUALCOMM Incorporated ( QCOM ) closed -5.69% below its 200-day moving average and is 0.57% above another chart thr... [Full Article...]

Gilead Sciences shares bolstered after FDA approval validates Kite Pharma merger

Gilead Sciences shares bolstered after FDA approval validates Kite Pharma merger The treatment, considered a form of gene therapy, transforms the patient's cells into what researchers call a "living drug" that attacks cancer cells. The treatment was originally developed at the National Cancer Institute, in the lab of Dr. Steven Rosenberg, who works on a variety of personalized cancer approaches . [Full Article...]

Hurricanes, chilly summer hit sales at Unilever

Hurricanes, chilly summer hit sales at Unilever Emerging markets underlying sales growth in the third quarter was 6.3% with volume up 1.8%. In emerging markets, Unilever and others are facing more competition from increasingly sophisticated local players while coping with macroeconomic disruptions in big markets like India and Brazil. [Full Article...]

Air Berlin Pilots Investigated After Risky Farewell Fly-by

Air Berlin Pilots Investigated After Risky Farewell Fly-by It is believed that pilot had requested permission from the tower to make a left turn should a go-around be necessary; two pilots on board the aircraft have been suspended as a result. The flight, an A330 Airbus jet, was given a water salute by the airport fire brigade, which sprayed the craft with jet plumes of water. The Air Berlin spokesman said the videos raised questions that had to be an... [Full Article...]

Bluefin Trading LLC Takes Position in United Continental Holdings, Inc. (NYSE:UAL)

Brandywine Global Investment Management LLC raised its stake in United Continental Holdings by 2.1% in the 2nd quarter. Finally, Virtu KCG Holdings LLC raised its stake in United Continental Holdings by 873.9% in the 2nd quarter. Turning to Tractor Supply Company (NASDAQ:TSCO), its shares were trading at $58.82 a gain of $0.62, on the trading floor. United Continental Holdings Inc . [Full Article...]

US Bancorp (USB): Is It A Good Long Term Opportunity?

Earnings, adjusted for pretax gains, were 71 cents per share. ILLEGAL ACTIVITY WARNING: "U.S. Bancorp (USB) Announces Earnings Results, Meets Estimates" was first reported by TrueBlueTribune and is owned by of TrueBlueTribune. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2017/10/18/first-trust-advisors-lp-has-112-39-million-holdings-in-u-s-bancorp-usb.... [Full Article...]

Benson ranks No. 288 on 'Forbes' list of wealthiest Americans

Benson ranks No. 288 on 'Forbes' list of wealthiest Americans The average net worth of individuals in the class rose to $6.7 billion from $6 billion. "It was another record year for the wealthiest people in America", Forbes' Kerry A. It says the value of luxury real estate is down, especially around Fifth Avenue. Some of his golf properties, including those in Miami and overseas, also fell in value as people with opposing political opinions began to av... [Full Article...]

Summit Midstream Partners, LP (NYSE:SMLP) Position Raised by CNH Partners LLC

DCP Midstream LP (NYSE:DCP) has risen 9.83% since October 18, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the company's stock. [Full Article...]

Health insurer Anthem takes pharmacy business in house, taps CVS to help

Anthem Inc . had left the PBM business in 2009, when it sold its operations to Express Scripts Holding Co . for about $4.7 billion. It has underperformed by 33.62% the S&P500. Burt Wealth Advisors now owns 1,696 shares of the company's stock worth $108,000 after purchasing an additional 174 shares during the last quarter. Aberdeen Asset Mngmt Plc Uk holds 0.15% or 694,159 shares. [Full Article...]

Ford Recalls 1.3 Million F-150 And Super Duty Pickups

Ford Recalls 1.3 Million F-150 And Super Duty Pickups To fix the issue, dealers will install a water shield to the side door latches and inspect and repair the actuation cables at no cost to the customer. The F-Series line of trucks are the best-selling vehicles in America and are also Ford's biggest cash cows. The company said the cost of the recall was estimated to be $267 million, and would be reflected in its fourth quarter results. [Full Article...]

Swiss Investor Booted Off Company Boards, Financial TV Networks After Racist Comments

Swiss Investor Booted Off Company Boards, Financial TV Networks After Racist Comments According to a follow up report from Business Insider , CNBC , Fox Business Network, and Bloomberg TV - networks the investor has appeared on in the past - stated that Faber will never be featured on their respective networks going forward. [Full Article...]

Hewlett Packard Enterprise Company (HPE) 8.55% off from 200- SMA

The ratio is simply calculated by dividing current liabilities by current assets. The Company has a Return on Assets of -60.10%. Citigroup Inc. lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "neutral" rating and raised their target price for the company from $14.80 to $16.00 in a research note on Friday. [Full Article...]

Abbott Laboratories (ABT) EPS Estimated At $0.65

Abbott Laboratories (ABT) EPS Estimated At $0.65 Next quarter's EPS is forecasted to be $0.73 with next year's EPS anticipated to be $2.82. About 101,439 shares traded. Abbott Laboratories (NYSE:ABT) last issued its quarterly earnings data on Thursday, July 20th. In order to determine directional movement, the 50-day and 200-day moving averages for Abbott Laboratories (NYSE:ABT) are $52.59 and $48.17. 32,631 were reported by Cetera Advisor Net... [Full Article...]

Tracking Shares of International Business Machines Corporat (IBM.L) — Technical Focus

Tracking Shares of International Business Machines Corporat (IBM.L) — Technical Focus The Value Composite Two of International Business Machines Corporation (NYSE: IBM ) is 26. (NYSE: IBM ) has risen 4.86% since October 18, 2016 and is uptrending. Its down 0.25, from 0.97 in 2017Q1. It dropped, as 100 investors sold IBM shares while 695 reduced holdings. 91 funds opened positions while 484 raised stakes. [Full Article...]

Produce Investments Ltd (LON:PIL) Stock Rating Reaffirmed by Numis Securities Ltd

Produce Investments Ltd (LON:PIL) Stock Rating Reaffirmed by Numis Securities Ltd The company was maintained on Friday, August 28 by Panmure Gordon. About shares traded. Travelers Companies Inc (NYSE:TRV) has risen 9.71% since October 18, 2016 and is uptrending. Therefore 40% are positive. Mears Group PLC has GBX 550 highest and GBX 400 lowest target. GBX 1993.50's average target is 7.76% above currents GBX 1850 stock price. [Full Article...]

Analysts See $0.18 EPS for Barrick Gold Corp (USA) (ABX)

On July 6 the company was downgraded to "Hold" from "Outperform" in an announcement from BMO Capital. Jefferies maintained the shares of KGC in report on Friday, July 14 with "Hold" rating. A number of hedge funds have recently added to or reduced their stakes in the business. Kinross Gold Corporation (KGC ) escalated 0.23% and closed its last trading session at $4.29. [Full Article...]

Employment rate on the up but real wages shrink

The state pension is linked to last month's Consumer Price Index (CPI) rate, meaning the amount dished out will rise by three per cent next year. In total, there are 32.1 million people at work in the United Kingdom, according to the figures, 94,000 more than in the March to May period. [Full Article...]

Sainsbury's Set To Cut 2000 UK Jobs

Sainsbury's Set To Cut 2000 UK Jobs A further 600 back office HR jobs are being cut across the company, including roles at Argos and Sainsbury's Bank. Britain's second biggest grocer began a consultation with staff today on the proposed changes, under which 1,400 payroll and HR clerk roles will be made redundant. [Full Article...]

Starbucks Corporation (SBUX) Receives "Overweight" Rating from Morgan Stanley

The stock rose 0.22% or $0.12 reaching $55.03. Bahl & Gaynor Inc increased Pacwest Bancorp (NASDAQ:PACW) stake by 21,633 shares to 95,818 valued at $5.22M in 2017Q2. First Business Service holds 10,592 shares. Energy Income Partners Llc, a Connecticut-based fund reported 537,381 shares. Short traders are more bullish on Starbucks Corporation of late if you consider the decrease in short inte... [Full Article...]


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