Markets

BJP drops sitting councillors, wants new faces in civic polls

BJP drops sitting councillors, wants new faces in civic polls Decision was taken at a meeting attended by Shah Decision was taken at a meeting attended by ShahIN WHAT could be a game changer for the BJP in the upcoming civic body polls, the party top brass has, in principle, decided not to give tickets to any of its sitting councillors or their family members in a bid to curb "parivaarwaad". [Full Article...]

China Proposes Deal to Ease Tensions Over North Korean Missiles

According to North Korea's Rodong Sinmun newspaper, North Korean leader Kim Jong-un was on hand to observe the exercise , along with "scientists and technicians in the nuclear weapon and rocket research fields". Wi touched on a number of topics during the media briefing, including making a case for the USA and China to increase cooperation. The projectiles were launched from near one of the... [Full Article...]

What are Analysts report about: Johnson Controls International plc (NYSE:JCI)

Putnam Investments LLC's holdings in Johnson Controls International plc Ordinary Share were worth $462,943,000 as of its most recent SEC filing. Now the company Insiders own 0.48% of Johnson Controls International plc shares according to the proxy statements. [Full Article...]

Asian equities follow U.S. stocks lower amid wild oil swing

Asian equities follow U.S. stocks lower amid wild oil swing The major exporters are weak on a stronger yen. The S&P 500 fell by the most in nearly two weeks. Toshiba is losing 7 percent, Sony is lower by nearly 1 percent, Panasonic is down 0.3 percent, and Canon is declining 0.2 percent. ANALYST RESEARCH HIGHLIGHTS Spin Master Corp: TD Securities raises target price to C$43 from C$39 DH Corp: Eight Capital revises rating to "tender" from "buy" COMMODITIES ... [Full Article...]

Revenue Approximations Analysis: Dick's Sporting Goods, Inc. (DKS), Ciena Corporation (CIEN)

Dicks Sporting Goods (NYSE:DKS) has insider ownership of 22.96% and institutional ownership of 71.76%. While looking at the Earnings Estimates of the company, The Average Earnings Estimate for the Current Fiscal quarter is measured as $0.54 by 27 analysts. [Full Article...]

Maryville-based Ruby Tuesday exploring sale as part of strategic review

Maryville-based Ruby Tuesday exploring sale as part of strategic review It also notes that UBS Group AG (USA) (NYSE: UBS ) is acting as its financial advisor as it looks into its strategic alternatives. "We believe now is the right time to explore strategic alternatives that have the potential to position the business for long-term success and to carry that [45-year] legacy forward", said Stephen Sadove, non-executive chairman of Ruby Tuesday . [Full Article...]

How the GOP plan could hurt NY's health care industry

How the GOP plan could hurt NY's health care industry Hays says the GOP plan would be good news for business, "Particularly those small business owners who have been adversely impacted by the challenging requirements imposed by (Obamacare)". Denver Health Medical Center's primary care clinic is located in a low-income neighborhood in southwest Denver. "We see this as causing a spike in charity care again", which has continually lost funding in rece... [Full Article...]

Active Volume Stock: Rite Aid Corporation (NYSE:RAD)

Active Volume Stock: Rite Aid Corporation (NYSE:RAD) Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The average 12-month price objective among brokers that have updated their coverage on the stock in the previous year is $7.21. The 1 year EPS growth rate is -92.40%. [Full Article...]

EnLink Midstream Partners, LP (ENLK): Important Trade and Target Levels To Watch

Shares of EnLink Midstream Partners LP (NYSE:ENLK) have earned a consensus rating of "Hold" from the eighteen research firms that are covering the firm. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/03/14/enlink-midstream-llc-enlc-coverage-initiated-at-janney-montgomery-scott.html. [Full Article...]

OPEC deal looks wobbly as Saudi Arabia's millennial prince visits White House

OPEC deal looks wobbly as Saudi Arabia's millennial prince visits White House Stocks were lower from Sydney to Tokyo, while the United States dollar weakened after Tuesday's gains. "We've had a severe decline in prices so it's not a surprise to see a healthy bounce", said Michael McCarthy, chief market strategist at CMC Markets in Sydney. [Full Article...]

Spicer says Trump confident on wiretap evidence

Spicer says Trump confident on wiretap evidence The Department of Justice has until the end of the day Monday to comply with the House Intelligence Committee's demand for documents that would substantiate President Donald Trump's claim that former President Barack Obama had Trump Tower wiretapped. [Full Article...]

Malcolm Turnbull gets gas industry guarantee on domestic supply

He also reportedly claimed that it will not only increase electricity prices for South Australians, but potentially also in Victoria, New South Wales and Tasmania. "South Australian business and residents can not afford a repeat of the energy issues experienced over the past eight months", it said. Adelaide-based oil and gas producer Beach Energy, which focuses operations on the Cooper Basin, ap... [Full Article...]

Cathay Pacific falls 7% after reporting loss in 2016

Cathay Pacific falls 7% after reporting loss in 2016 It now expects the outlook to remain challenging in 2017 as the headwinds continue. The stock rose 0.9% to HK$11.70 at the midday trading break. The last time Cathay, Hong Kong's biggest airline, had an unprofitable year was in 2008, when it lost HK$8.6 billion. [Full Article...]

NorCal High School Makes Millions from Snap's IPO

NorCal High School Makes Millions from Snap's IPO Murphy's stake in Snap is valued at closer to $3.9 billion. Lynton was an early investor in Snap, which is now worth more than $30 billion after investor excitement over the unprofitable company's future prospects. Like Facebook , though, there is enough hype for Snap , and near religious reverence for Spiegel, to maintain demand for its IPO, despite the block on shareholder voting. [Full Article...]

Snow in forecast tonight and Saturday

Snow in forecast tonight and Saturday Snow is expected to fall this evening, and could potentially mix with rain. Long Islanders who interpreted the recent warm-up as winter conceding to spring early should brace for even more winter weather. Temperatures will fall to about 19 by 5 p.m. Forecasters predict Saturday's high in central IL to be in the low to mid-30s. Tonight . A 30 percent chance of snow, mainly after 3am. [Full Article...]

(NYSE:HST) from REIT - Hotel/Motel - Todays Top Gains

The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . "Host Hotels and Resorts Inc (HST) Receives Consensus Recommendation of "Hold" from Brokerages" was originally posted by BBNS and is the sole property of of BBNS. [Full Article...]

Rising Saudi Oil Production Drives Crude Oil Prices to 4-Month Lows

Rising Saudi Oil Production Drives Crude Oil Prices to 4-Month Lows In the report, OPEC said oil stockpiles in industrialised countries rose in January to be 278 million barrels above the five-year average. The agreement was signed for the first half of 2017, with the possibility of extension. But the next reports , for the week ending March 14, are likely to show hedge funds liquidated more long positions when they are published on March 17 and March 20. [Full Article...]

HSBC Securities Maintained J. Sainsbury PLC (LON:SBRY) As 'Reduce'

JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 2,185 ($26.71) target price on shares of Ultra Electronics Holdings plc in a research note on Thursday, November 10th. Sainsbury J PLC's 50-day moving average is 263.64GBX and its 200-day moving average is 249.52GBX. Investors of record on Thursday, February 23rd will be issued a GBX 0.21 ($0.00) dividend. [Full Article...]

Tokyo stocks rise slightly ahead of Fed meeting

Tokyo stocks rise slightly ahead of Fed meeting President Donald Trump's budget proposal later this week, brokers said. Germany's DAX lost 0.3% to 11,948. Most investors expect the Fed to raise rates for only the third time since they went to almost zero during the financial crisis in 2008. [Full Article...]

Taking a Fresh Look at Cliffs Natural Resources Inc. (CLF)

Taking a Fresh Look at Cliffs Natural Resources Inc. (CLF) Cliffs Natural Resources Inc. The stock hit 1-yearhigh at $5.94 and a low of $2.92 in the same period. Dimensional Fund Advisors LP increased its position in Cliffs Natural Resources by 91.0% in the fourth quarter. During the same period in the previous year, the business posted ($0.39) EPS. Cliffs Natural Resources's revenue for the quarter was up 58.4% compared to the same quarter past year. [Full Article...]


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