Markets

Consternation on Capitol Hill over Trump's Russia meeting

The White House issued a furious denial near the end of a tumultuous day spent beating back potentially disastrous news reports from dawn to dusk. On Monday, the Washington Post reported that Trump revealed highly classified intelligence about Daesh, also known as ISIS or ISIL, during a meeting with Russian Foreign Minister Sergey Lavrov and Russia's ambassador to the U.S., Sergey Kislyak. [Full Article...]

Smart Money Still Has Faith in VEREIT, Inc. (NYSE:VER)

In the last three months, insiders have bought 57,000 shares of company stock worth $442,020. Beta factor, which measures the riskiness of the security, was observed as 0.73. UBS Group AG raised its position in Vereit by 62.0% in the third quarter. The company also recently announced a quarterly dividend, which will be paid on Monday, July 17th. [Full Article...]

Bank of England says rates may need to rise before late 2019

The Bank of England's Monetary Policy Committee (MPC) voted 7-1 in favour of keeping interest rates on hold at their record low 0.25% this month, as expected in a Reuters poll of economists. The Bank's quarterly forecasts published alongside the interest rate decision were for economic growth to edge up to 1.9% this year from 1.8% in 2016. [Full Article...]

Angela Merkel's party wins vote in rivals' German heartland

The liberal Free Democrats, the CDU's preferred coalition partners, have bounced back to win nearly 13 per cent in NRW where the two allies are expected to have enough seats in the regional parliament to muster a majority. Germany is facing federal elections on September 24 with its national energy policy often hindered by regional considerations amid a rising imbalance between an oversupplied Nor... [Full Article...]

Former FBI Chief James Comey declines to testify before Senate

When asked whether the FBI's Russian Federation investigation is fake news, or a "witch hunt", as Trump called it this morning in another tweet, Clapper told MSNBC on Friday: "I don't believe it is". You know, it depends on how you define loyalty, number one. Trump's "hyper-reactive and thin-skinned response on nearly an hourly basis" hasn't helped him win support in the feud with Comey, said ... [Full Article...]

North Korea Launches Missile That Doesn't Immediately Explode

North Korea Launches Missile That Doesn't Immediately Explode CBS News correspondent Adriana Diaz reports the missile, described by US officials as a KN-17 medium range missile, reached an altitude of more than 1,300 miles - fired, North Korea said , intentionally at a high angle out of consideration for its neighbors. [Full Article...]

Average Brokerage Rating Of Zynga Inc. (ZNGA), Penn National Gaming, Inc. (PENN)

Benchmark Co. reaffirmed a buy rating and issued a $3.65 price objective on shares of Zynga in a research note on Friday, May 5th. Finally, Wedbush reaffirmed an "outperform" rating and set a $4.25 price target on shares of Zynga in a research report on Thursday, February 16th. [Full Article...]

Sensex, Nifty extend bull run, hit record highs

Sensex, Nifty extend bull run, hit record highs On Tuesday, the NSE Nifty had closed at a high of 9,512.25 points and an intra-day high of 9,517.20 points, while the BSE Sensex had closed at a high of 30,582.60 points and intra-day high of 30,591.55 points. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 858.29 crore yesterday, as per provisional data released by the stock exchanges. [Full Article...]

North Korea detains a forth U.S. citizen

North Korea detains a forth U.S. citizen The news agency didn't say whether the two cases are connected. Kim Sang-duck, a lecturer who taught at PUST and was detained in April for allegedly attempting to "overturn" the government. "As he struggled to fund some of his projects, he would spend money out of his own pocket", David Kim said. "North Korea is persecuting their savior, a person who came to help them". [Full Article...]

McCain: Russia probe reaching the point 'of Watergate size'

McCain: Russia probe reaching the point 'of Watergate size' It's a centipede that the shoe continues to drop. McCain spoke at the ceremony shortly after the New York Times reported that Trump had asked then-FBI Director James Comey to end the investigation into former national security adviser Michael Flynn during an Oval Office visit in February. [Full Article...]

Where'd All the Trendy Hipsters Go, Urban Outfitters?

Where'd All the Trendy Hipsters Go, Urban Outfitters? Many investors will opt to use multiple time periods when examining moving averages. Urban Outfitters shares have fallen 28 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 7 percent. They now have a Dollars 23 price target on the stock. Moving average is significant analytical tool used to discover current price trends and the possibility for a chan... [Full Article...]

Ex-Haryana CM OP Chautala passes class 12 exam from Tihar jail

Ex-Haryana CM OP Chautala passes class 12 exam from Tihar jail Om Prakash was charged with corruption in the recruitment scam involving 3206 basic trained teachers in Haryana in 2000. Prakash Chautala, a four-time chief minister of the northern state of Haryana, India, took the class 12 school-leaving exam conducted by India's open schooling system at its centre in Tihar jail, said his younger son Abhay Chautala, a legislator in Haryana. [Full Article...]

U.S. should not stockpile cyber weapons, Microsoft says

U.S. should not stockpile cyber weapons, Microsoft says This one worked because of a "perfect storm" of conditions, including a known and highly risky security hole in Microsoft Windows, tardy users who didn't apply Microsoft's March software fix, and malware created to spread quickly once inside university, business and government networks. [Full Article...]

South Sudan says divisive army chief of staff removed

South Sudan says divisive army chief of staff removed Meanwhile, President Kiir's spokesman Ateny Wek Ateny also confirmed Malong's imminent arrival in Juba but did not reveal details whether the controversial General would meet President Kiir upon his arrival in the capital. As Kiir - from the Dinka ethnic group - fought it out with rebels allied to Machar - a Nuer - both sides committed atrocities, including massacres and gang rape, according to ... [Full Article...]

Oil prices rise as Saudi and Russian Federation agree to prolong output curbs

Oman said it fully supported the idea of a nine-month extension. Futures climbed for a fifth day in NY, extending a 2.1 per cent jump Monday after the Saudi and Russian energy ministers said they favour extending curbs until the end of March. [Full Article...]

Stratasys Ltd. (NASDAQ:SSYS) Dipping Lower Ahead of the Market Open

Stratasys Ltd. (NASDAQ:SSYS) Dipping Lower Ahead of the Market Open Stoneridge Investment Partners LLC boosted its position in shares of Stratasys by 7.7% in the first quarter. The number of shares traded in the last trading session was 4.48 Million. The firm had revenue of $163.20 million during the quarter, compared to analysts' expectations of $162.38 million. Stratasys had a negative return on equity of 1.54% and a negative net margin of 43.97%. [Full Article...]

SSE raises full-year earnings per share on wholesale profits

SSE raises full-year earnings per share on wholesale profits Its total energy customer accounts in Britain and Ireland fell to 8 million compared to 8.21 million a year earlier. SSE revealed that 70% of its customers are on the SVT, making the energy company even more vulnerable to a price cap imposition than British Gas. [Full Article...]

Nestle loses UK appeal to trademark Kit Kat's four-fingered shape

Nestle loses UK appeal to trademark Kit Kat's four-fingered shape In that ruling, Mr Justice Arnold said the shape had not acquired distinctive character and that Nestlé had not promoted the shape as a selling point because packaging hid the design. A spokesperson for the KitKat maker said the company was dissapointed and was " considering its next steps ". The Court of Appeal said the KitKat shape alone - without branding - had failed to gain distinctiveness ... [Full Article...]

Highly Traded Stock: Exxon Mobil Corporation (XOM)

Highly Traded Stock: Exxon Mobil Corporation (XOM) During the same period a year ago, the company posted $0.43 EPS. A number of other hedge funds also recently added to or reduced their stakes in the company. Comparatively, XOM posted earnings of $1.12 per share in the same quarter, a year earlier. Exxon Mobil now has an average rating of "Hold" and a consensus price target of $89.55. [Full Article...]

Marvell Technology Group Ltd. (MRVL) Closed its Previous Trade at $16.11

While considering growth estimates of the company, it has next quarter growth estimates of 38.9% whereas during current quarter it has 2000% estimations over growth, comparing to the estimations of 60.3% during current year and 14.9% for next year. [Full Article...]


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