Markets

Verizon Launching 5G Residential Broadband in US

Verizon Launching 5G Residential Broadband in US More notable recent Verizon Communications Inc. DekaBank Deutsche Girozentrale now owns 1,673,761 shares of the cell phone carrier's stock worth $74,961,000 after acquiring an additional 72,980 shares during the last quarter. (NYSE:VZ). Kelly Lawrence W And Assoc Ca reported 13,525 shares. Argyle Capital Management Inc. boosted its stake in Verizon Communications by 1.1% in the first quarter. [Full Article...]

Egypt politician eyeing presidency claims UAE blocking his travel

Egypt politician eyeing presidency claims UAE blocking his travel Shafiq, who was placed on trial in absentia on corruption charges after losing the 2012 election to Mohamed Morsi, had emerged as a critic and possible contender to Sisi over the past two years. Shafiq, 76, briefly served as prime minister under autocratic President Hosni Mubarak, who stepped down in early 2011 following 18 days of popular demonstrations against his regime. [Full Article...]

Analyzing the Insider Data for Wells Fargo & Company

Analyzing the Insider Data for Wells Fargo & Company It has underperformed by 7.03% the S&P500. ACTRF's SI was 155,200 shares in November as released by FINRA. Its up 9.36% from 106,800 shares previously. In the most recent quarter, institutional ownership increased by a net of 13.73 million shares, or 0.36%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for WFC overall.729 holders increased thei... [Full Article...]

Traders Secrets on Adobe Systems Incorporated (ADBE), Veeva Systems Inc. (VEEV)

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Nokia Denies Juniper Networks, Inc. Takeover Rumors

Nokia Denies Juniper Networks, Inc. Takeover Rumors [Full Article...]

Stock Sputtering in Early Trade: Barnes & Noble, Inc. (NYSE:BKS)

Stock Sputtering in Early Trade: Barnes & Noble, Inc. (NYSE:BKS) Out of rating recommendations 2 have given the stock a Buy while 11 recommend the stock as Outperform. Extending back, their stock is trading -5.95% from the 50-Day Simple Moving Average, looking even further back, they are trading -12.58% off of the 200-Day Simple Moving Average. [Full Article...]

Kroger flies after earnings topper

Kroger flies after earnings topper [Full Article...]

Dow Jones hits 24000 mark for first time

Dow Jones hits 24000 mark for first time Goldman Sachs jumped 2 percent, while JPMorgan and Bank of America rose more than 0.5 percent, tracking higher USA treasury yields. The Dow Jones industrial average closed 255.93 points higher at 23,836.71, with JPMorgan Chase leading advancers. [Full Article...]

Kellogg's cereals' sugar content to be slashed in anti-obesity drive

Kellogg's cereals' sugar content to be slashed in anti-obesity drive Louis tweeted at Kelloggs: "What's this I'm hearing about you lot getting rid of ricicles ". Kellogg has also announced it will reduce the sugar in some of its most popular cereals, including Coco Pops. Kellogg is also to reduce salt in its children's cereals, reducing sodium in Rice Krispies in the United Kingdom by 10 per cent and in Multi-Grain Shapes by half. [Full Article...]

Amazon smashes Cyber Monday record

Amazon smashes Cyber Monday record With new lower prices on turkeys and Prime members receiving an even deeper discount this year, Whole Foods Market in the USA broke its all-time record of turkeys sold during the Thanksgiving season. Available in more than 50 cities across the U.S., Amazon Lockers are strategically located near offices, major convenience stores, grocery stores, apartment buildings and malls across the country. [Full Article...]

Computer glitch gives every American Airlines pilot time off during Christmas vacation

Computer glitch gives every American Airlines pilot time off during Christmas vacation American, the world's biggest airline, has about 15,000 active pilots and expects to operate more than 200,000 flights in December. The union said its pilots found out about the error on Friday, and the APA has since filed a grievance. On Twitter Sam Sweeny of ABC News said that the glitch allowed all of American Airlines' pilots to take a vacation during Christmas week. Numerous pilotle... [Full Article...]

India's GDP growth recovers to 6.3% in second quarter of FY18

India's GDP growth recovers to 6.3% in second quarter of FY18 Economic growth has bounced back from a three-year low, giving the central bank enough reasons to keep rates on hold on December 6 amid an uptick in inflation. "But we can not say now whether this will mark an upward trend in the growth rate", Chidambaram added. The Opposition has been taking the Centre to the cleaners over growing economic anxiety and political opponents like Rahul Gandhi have ... [Full Article...]

Police pull over car carrying very large Christmas tree

Police pull over car carrying very large Christmas tree Police on Facebook reminded people to transport holiday trees "responsibly". Police in one MA town said if you're going to pick up a Christmas tree this year, make sure to transport it responsibly. When it comes to Christmas trees, many adopt the Clark Griswold philosophy that 'size matters'. "We just gave a warning in light of the holiday spirit", Sudbury Police Chief Scott Nix told TODAY. [Full Article...]

Achieving 10 per cent growth rate is challenging: Arun Jaitley

Achieving 10 per cent growth rate is challenging: Arun Jaitley Earlier this month, Goods and Services Tax ( GST ) Council cut rates of 211 items, including shifting 178 goods to 18 percent tax slab from 28 percent. On the issue of recapitalisation of banks, the finance minister had recently said that the reason for giving capital to banks was that these banks might become mazboot, i.e., strong, rather than mazboor, i.e., hard-pressed. [Full Article...]

Officer accidentally shoots partner with stun gun

Officer accidentally shoots partner with stun gun The Dayton Daily News reports the officers were responding to a domestic violence call in Riverside on Thanksgiving Day. A police officer in OH accidentally tasered his partner while the pair attempted to arrest a suspect. After the incident the officer that was stunned can be seen grimacing on the ground. The officers then pulled the man from the vehicle, and one of them deployed his Taser w... [Full Article...]

Crude palm oil futures fall 0.42 pc on profit-booking

Crude palm oil futures fall 0.42 pc on profit-booking Stocks of gasoline and distillates rose more than anticipated. That's nearly 300,000 barrels a day higher than the Energy Information Administration estimate of 9.72 million barrels a day in its November Short-Term Energy Outlook. Inventories of the fuel went up by 3.6 million barrels. Due to the wide discount of the US benchmark WTI to Brent in recent months, American exports have seen record-... [Full Article...]

Police report 10 fatalities during holiday weekend

Police report 10 fatalities during holiday weekend During the same period past year, police responded to fewer speeding incidents at 896 and crashes at 392. Last year, traffic crashes claimed a total of seven lives on Virginia highways. This includes two fatal crashes, including a pedestrian crash in the City of Richmond. "Let's make these remaining weeks of 2017 safer for everyone by buckling up and driving smart, safe, sober and distraction-fr... [Full Article...]

Yellen Says Fed Will Continue Path of Gradual Rate Increases

Yellen Says Fed Will Continue Path of Gradual Rate Increases Her comments as an outgoing Fed chief stood in contrast to the more cautious responses of Fed Gov. Jerome Powell , Trump's nominee to replace her. The minutes reflected a division between policymakers who worry that the Fed might be moving too slowly to raise rates and those concerned that inflation has remained chronically below the level considered desirable for the economy. [Full Article...]

Electrocomponents plc (ECM) to Issue Dividend of GBX 5.25

Electrocomponents plc (ECM) to Issue Dividend of GBX 5.25 Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Therefore 96% are positive. The company was initiated on Friday, December 4 by B. FinnCap maintained it with "Corporate" rating and GBX 130 target in Tuesday, November 29 report. Analysts await PBF Energy Inc (NYSE:PBF) to report earnings on February, 15. [Full Article...]

Nasdaq plans to launch Bitcoin futures early next year

Nasdaq plans to launch Bitcoin futures early next year The Wall Street Journal reports that Nasdaq Inc.is planning to launch Bitcoin futures as soon the first half of 2018. The CME has said contracts will settle in cash and use a daily price from the CME CF Bitcoin Reference Rate, which is supported by digital exchanges Bitstamp, GDAX, itBit and Kraken. [Full Article...]


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