Markets

Mortgage applications fall with uptick in rates

Mortgage applications fall with uptick in rates The MBA's Weekly Mortgage Applications Survey for the week ending October 27 found that the refinance index decreased 5% from the previous week . The refinance index fell by 5 percent, and the adjusted purchase index was down by 1 percent, the trade group said. [Full Article...]

Singapore Airlines tries to woo elite travelers with new suites upgrades

Under the new configuration, SIA plans to have 471 seats on its A380s, comprising six in suites , 78 in business, 44 in premium economy and 343 in economy. (Jordan Chong) Singapore Airlines Suites features a seat that swivels 270 degrees. Singapore Airlines serves seven flights to Hong Kong daily, making it one of the most important routes for the company. [Full Article...]

The Zacks Investment Research Lowers Astrazeneca PLC (AZN) to Sell

Chevrontexaco now has $219.61 billion valuation. Over the last 30 and 90 trading days the company share price has increased 9 points and increased 564 points respectively. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. It has a 17.88 P/E ratio. The Firm focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (... [Full Article...]

Facebook Q3 revenue up 47% to $10.33 billion

Facebook Q3 revenue up 47% to $10.33 billion On the final day of Yom Kippur, Zuckerberg wrote a post asking Facebook users to forgive him for the way his work "was used to divide people rather than bring [them] together". If you think back to about two years ago, Facebook had about 12,000 people and regarded this diminutive size, compared to players such as Apple and Google, as a kind of virtue, enabling it to be nimble and stick close to ... [Full Article...]

Bitcoin surges past US$7000 to extend record rally this year

Bitcoin surges past US$7000 to extend record rally this year With this increase, Bitcoin is estimated to have 550% boost in the year 2017 , as the Bitcoin started this year with only $1000 price. But the $185-billion market is getting harder to ignore. Bitcoin is a form of digital currency, created and held electronically. Many others said they were unsure. Through its exchanges, CME Group offers a range of global benchmark products across all major a... [Full Article...]

Cover Missouri to Assist in Enrollment for Affordable Care Act

Cover Missouri to Assist in Enrollment for Affordable Care Act But she adds, "the health care exchange is alive and well". There will be less enrollment help available from some non-profit groups, but it may be easier to get advice from brokers. A family of four making $60,000 a year will pay $10 less, the same report says. Seehausen said Novant expects to help "tens of thousands of enrollees". [Full Article...]

United Parcel Service Inc (NYSE:UPS) Institutional Investor Sentiment Trend

United Parcel Service Inc (NYSE:UPS) Institutional Investor Sentiment Trend The company was maintained on Wednesday, July 26 by Morgan Stanley. Bank of America upgraded the stock to "Buy" rating in Thursday, October 13 report. Hendershot Investments Inc. expanded its ownership by buying 1,126 shares an increase of 1.4% from 06/30/2017 to 09/30/2017. Alibaba Group Hldg Ltd (Call) (NYSE:BABA) was reduced too. [Full Article...]

GlaxoSmithKline plc (GSK) Reaches New 12-Month Low Following Analyst Downgrade

GlaxoSmithKline plc (GSK) Reaches New 12-Month Low Following Analyst Downgrade Jefferies Group also issued estimates for GlaxoSmithKline PLC's FY2019 earnings at $2.93 EPS, FY2020 earnings at $3.22 EPS and FY2021 earnings at $3.48 EPS. Finally, Beaufort Securities restated a "buy" rating on shares of GlaxoSmithKline plc in a research report on Tuesday, June 21st. If you are viewing this piece on another publication, it was stolen and republished in violation of USA and globa... [Full Article...]

After Technical Assessment Stock Riding Bulls: Precision Drilling Corporation (NYSE:PDS)

Finally, Piper Jaffray Companies upgraded shares of Precision Drilling Corporation from a neutral rating to an overweight rating and raised their target price for the stock from $3.60 to $4.25 in a research note on Monday, September 18th. [Full Article...]

Chesapeake Energy Corporation (NYSE: CHK)

Chesapeake Energy Corporation (NYSE: CHK ) last posted its quarterly earnings data on Thursday, August 3rd. Wall Street analysts, on average, are forecasting the company's EPS to be 0.11, compared to 0.09 reported in the same quarter past year. [Full Article...]

The Paypal Holdings Inc. (PYPL) Given Buy Rating at Jefferies Group

Smith Asset Management Group LP purchased a new position in shares of PayPal Holdings during the second quarter valued at approximately $50,648,000. Westside Investment Management Inc. The firm's revenue was up 21.4% on a year-over-year basis. Next quarter's EPS is forecasted to be $0.54 and the next full year EPS is projected to be $2.25. [Full Article...]

QCOM) — QUALCOMM Incorporated (NASDAQ

A ratio over one indicates an increase in share price over the period. The value in dollars decreased from $3,626,000 to $3,197,000 decreasing 11.8% since the last quarter. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $55.00 target price on shares of QUALCOMM in a research report on Wednesday, July 5th. [Full Article...]

Earnings According to Quant For Cisco Systems, Inc. (NasdaqGS:CSCO)

The stock increased 0.50% or $0.35 during the last trading session, reaching $69.7. Cisco Systems (NASDAQ: CSCO ) last announced its quarterly earnings results on Wednesday, August 16th. Cisco Systems Inc . has $160 highest and $16 lowest target. Investors of record on Wednesday, October 5th were given a dividend of $0.26 per share. According to today's trading volume Cisco Systems, Inc .is BEL... [Full Article...]

World oil prices on the rise

World oil prices on the rise Gasoline inventories - one of the products that crude is refined into - fell by 4 million barrels, confounding expectations of a draw of just 2.1 million barrels while supplies of distillate - the class of fuels that includes diesel and - fell by about 320,000 barrels, undershooting expectations of a decline of 2.1 million barrels. [Full Article...]

Becton, Dickinson and Company (BDX) Upgraded by Zacks Investment Research to "Buy"

Harfst & Associates Inc. now owns 697 shares of the medical instruments supplier's stock worth $135,000 after acquiring an additional 221 shares during the period. An ROI of 6.60% for Becton, Dickinson and Company evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. [Full Article...]

Rent-A-Center Inc. (NASDAQ:RCII) Sees Price Swing - Down by 4.32%

Stifel Nicolaus reaffirmed a "hold" rating and issued a $10.50 price objective on shares of Rent-A-Center in a report on Wednesday. Currently, the stock has a 1 Year Price Target of $11.71. The web-based Acceptance Now business experienced a 5.2% revenue decline to $184.3 million primarily due to closures of the company's Conn's and HHGregg locations as well as the impact from recent hurricanes, p... [Full Article...]

(NYSE:MRK) Stock Under The Trend-line Looks for a Reversal

More notable recent Merck & Co., Inc. (NYSE: MRK ) belongs to Healthcare sector, the firm standing on a contradictory position. The rating was upgraded by Berenberg on Thursday, August 27 to "Hold". 10/30/2017-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a "Overweight " rating to a " Equal Weight" rating. The firm has "Strong Buy" rating given on Wednesday, December 28 by Raymo... [Full Article...]

N chooses Shehbaz Sharif as PM candidate for 2018

N chooses Shehbaz Sharif as PM candidate for 2018 A mutual friend is making efforts to arrange a meeting between former Pakistan President Asif Ali Zardari and ousted premier Nawaz Sharif, media reports said on Tuesday. According to him, at least three members of the Punjab cabinet were among the claimants and appointing anyone of them or any "junior" to the office could have created a rift in the party in its stronghold at a time when it neede... [Full Article...]

Argus Downgrades Rating On Interpublic Group of Companies, (IPG)

The ERP5 of The Interpublic Group of Companies, Inc . Quadrant Capital Group LLC boosted its position in shares of Interpublic Group of Cos.by 2.8% in the second quarter. The VC1 of The Interpublic Group of Companies, Inc . IPG traded on a high for the day of 19.59 with a corresponding low of 19.04. Their activity in IPG in recent trading has also spurred interest in the stock. [Full Article...]

Richard K. Templeton Sells 190000 Shares of Texas Instruments Incorporated (TXN) Stock

We expect margin expansion to continue driven by the secular strength in the auto and industrial markets, a stronger mix of analog and embedded processing products, benefits of restructuring initiatives and more than 300mm capacity coming online. [Full Article...]


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