Markets

'Beast from the East' on its way

Heavy snow has blanketed Britain as temperatures drop to -11C. The Met Office said the last time the United Kingdom was hit by a similar weather event was in 2013. "Three times since 1950 have we had exactly the conditions where we could be going". She added: "High pressure from the west will merge with higher pressure over Scandinavia". [Full Article...]

Uber launches Express Pool service

Uber launches Express Pool service Ethan Stock, director of product for shared rides at Uber spoke about the move, stating "We think carpooling is very much the way of the future". With Express, however, riders are required to do a little walking, after a few minutes of waiting to be matched with a driver, so that drivers can pick up all poolers from the same pickup point. [Full Article...]

Experts warn AI could be exploited

Experts warn AI could be exploited But this study, written by dozens of AI, cybersecurity and technology experts, academics, looks forward a decade to the threats AI could pose if certain potential risks are not addressed. Other scenarios the report's authors predict include causing self-driving vehicles to crash, and using AI to direct swarms of thousands of micro-drones remotely. [Full Article...]

What Are Analysts Suggestions On Freeport-McMoRan Inc. (FCX)

The institutional investor held 9,414 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $1.02M, up from 300 at the end of the previous reported quarter. Citigroup has "Neutral" rating and $121 target. Raymond James maintained the shares of QCOM in report on Thursday, July 20 with "Hold" rating. Sigma Planning reported 0.03% of its portfolio in Freeport-McMoRan Inc... [Full Article...]

McDonald's Promises Healthier Happy Meals By 2022

McDonald's Promises Healthier Happy Meals By 2022 As part of their continued efforts to shed the junk food image, the world's largest burger chain has announced changes to the contents of the standard Happy Meal, which has always been criticised by health advocates and parents alike for being associated with the growing incidence of childhood obesity. [Full Article...]

3M settles Minnesota water pollution suit for RM2.5 billion

3M settles Minnesota water pollution suit for RM2.5 billion The trial was scheduled to begin Tuesday with jury selection. The deal reached by the company and state's attorney general was announced hours after a trial over the suit was slated to begin Tuesday. Low levels of PFCs have been found in the environment, humans and wildlife across the globe. According to the lawsuit , 3M knowingly dumped massive quantities of unsafe chemicals, known as PFCs, ... [Full Article...]

AT&T 5G rollout starts in these three cities

AT&T 5G rollout starts in these three cities According to AT&T, new cities will be announced in the coming months, so if you're located near some of these regions, you have a great chance of benefiting from the carrier's mobile 5G at some point this year. AT&T has said that the first 5G devices this year will be "pucks ", or mobile hot spots. The experts say the next generation 5G network technology is about 10 times faster than 4G. [Full Article...]

Walmart Is Struggling To Build An Online Empire

Walmart Is Struggling To Build An Online Empire For fiscal 2019, the company projects: EPS in the range of $4.75 to $5.00 (an increase from the guidance given in October), including a benefit of approximately $0.05 from currency based on current rates; and consolidated net sales growth in constant currency of 1.5% to 2.0% (previous guidance was, "at or above three percent"). [Full Article...]

Unite Group (LON:UTG) Rating Reconfirmed by numis Today

Unite Group (LON:UTG) Rating Reconfirmed by numis Today The SI to Watts Water Tech Class A's float is 3.42%. The stock decreased 0.65% or $0.13 during the last trading session, reaching $19.85. About 1.15 million shares traded. Engility Holdings, Inc., together with its subsidiaries, provides technical services for the U.S. The company has market cap of $973.65 million. It has a 18.51 P/E ratio. [Full Article...]

Gold falls further as higher yields prop up dollar

The $258 billion slate of US auctions set for this week is helping to push up the rates investors demand. The Australian dollar lost 0.4 percent to $0.7852 and the New Zealand dollar dipped 0.2 percent to at $0.7333. But the greenback managed to find bids once the dust began to settle after last week's tumble. "A quicker and steeper slope of interest rate normalisation offers the most promin... [Full Article...]

Creative Planning Has $914000 Holdings in Wynn Resorts, Limited (NASDAQ:WYNN)

Creative Planning Has $914000 Holdings in Wynn Resorts, Limited (NASDAQ:WYNN) Bnp Paribas Arbitrage Sa who had been investing in Wynn Resorts Ltd (Put) for a number of months, seems to be less bullish one the $17.08B market cap company. TIAA CREF Investment Management LLC increased its holdings in shares of Wynn Resorts by 6.2% in the fourth quarter. Capital International Investors increased its holdings in shares of Wynn Resorts by 0.3% in the third quarter. [Full Article...]

Walmart Q4 Sales Rise But Earnings Come Up Short

Walmart Q4 Sales Rise But Earnings Come Up Short In its fiscal 2019 full-year guidance, the company anticipated comps increases of at least 2 percent at Walmart U.S. CEO Doug McMillon is trying to convert Walmart's brick-and-mortar shoppers into online customers, who spend nearly twice as much overall and seek out higher-priced items. [Full Article...]

PM Narendra Modi announces Rs 20000 crore defence industrial corridor in Bundelkhand

PM Narendra Modi announces Rs 20000 crore defence industrial corridor in Bundelkhand Modi said Uttar Pradesh had a vast potential for development but needed policy, planning, performance. "Now UP too is ready to give Super-Hit Performance", the prime Minister said. PM Modi said that the upcoming infrastructures project in the state will take Uttar Pradesh to new heights in the 21st century. However, the State will face strong competition from Maharashtra which held its ow... [Full Article...]

Lloyds share price rises after profits increase: Here's how the analysts reacted

Lloyds share price rises after profits increase: Here's how the analysts reacted The profit hike comes despite a mammoth £1.7 billion hit from the payment protection insurance (PPI) mis-selling scandal a year ago, after Lloyds revealed an extra £600 million put by for compensation in the fourth quarter. Lloyds also kicked off a £ 1 billion buyback programme . The lender had to pay £600m in the fourth quarter, after weekly complaints rose from 9,000 to 11,000. [Full Article...]

BHP Billiton reported 25% profit growth and raises dividends

BHP Billiton reported 25% profit growth and raises dividends The stock decreased 1.30% or $0.08 during the last trading session, reaching $6.07. Yet the share price remains largely flat at 323.7p on Tuesday, valuing the business at just shy of £2.8bn. The firm earned "Buy" rating on Monday, December 5 by Citigroup. The firm has "Sell" rating by Liberum Capital given on Wednesday, July 22. The rating was maintained by Beaufort Securities with "Speculative ... [Full Article...]

Police warn people to not call 911 over KFC crisis

Police warn people to not call 911 over KFC crisis In a statement on the company's local Twitter account, it pledges that "the colonel is work on it". This woman, featured on ITV news last night, perfectly summed up the KFC crisis that has rocked the nation in recent days by fuming that she has "had to go to Burger King". [Full Article...]

Allen Investment Management LLC Buys 141 Shares of Amazon.com, Inc

Janus Henderson Group PLC now owns 1,775,556 shares of the e-commerce giant's stock valued at $1,718,711,000 after purchasing an additional 1,620,588 shares in the last quarter. Nomura restated a "buy" rating and issued a $1,700.00 price objective (up from $1,360.00) on shares of Amazon.com in a report on Monday, February 5th. [Full Article...]

Walmart Inc. (NASDAQ:WMT) Expected To Report Earnings On Tuesday

Edgemoor Investment Advisors Inc. lifted its holdings in shares of Wal-Mart Stores by 0.3% during the 2nd quarter. On Wednesday, November 15 the stock rating was maintained by Oppenheimer with "Buy". Among 37 analysts covering Wal-Mart Stores Inc (NYSE: WMT ), 18 have Buy rating, 0 Sell and 19 Hold. The company has a consensus rating of "Buy" and an average price target of $100.72. [Full Article...]

IShares Edge MSCI USA Size Factor (SIZE) Declines 0.69% for Feb 20

Currently, the 14-day ATR for Wmih Corp (WMIH) is spotted at 0.06. Following long-term trends may help the investor see the bigger picture of what has been going on with a specific stock or sector. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Interested traders may be keeping an eye on the Williams Percent Range or Williams ... [Full Article...]

General Electric (NYSE:GE) Shares Sold by Sandy Spring Bank

Greylin Investment Mangement Inc acquired 25,050 shares as General Electric Co (GE)'s stock declined 7.64%. The hedge fund held 284,800 shares of the commercial banks company at the end of 2017Q3, valued at $21.55M, down from 293,800 at the end of the previous reported quarter. [Full Article...]


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