Markets

Intel spat adds to Israeli concerns about Trump visit

The exercise included practicing the Trump convoy's drive to the President's Residence and to the Western Wall. The longstanding US stance is that the site is in Jerusalem , full stop. He sent an envoy, Jason Greenblatt, to the region in March to open talks, and Trump has met with both Israeli Prime MinisterBenjamin Netanyahu and Palestinian Authority PresidentMahmoud Abbas at the White House ... [Full Article...]

Wells Fargo & Co (WFC) Shares Sold by Rathbone Brothers plc

During the same quarter in the previous year, the firm posted $0.99 earnings per share. The Adams Express Company holds 11,000 shares with $1.23M value, up from 5,500 last quarter. WOOD DONALD C had sold 20,000 shares worth $2.84 million. According to the past 5 years report, the company on average reported 7.20% year-over-year EPS growth and sales growth was recorded at 1.70%. [Full Article...]

General Electric Company (GE) closed at $28.04 in the last trading session

Since January 23, 2017, it had 2 insider buys, and 1 insider sale for $4.56 million activity. 1,314 shares were sold by Barton Lisa M , worth $86,593. The stock has a market capitalization of $239.59 billion, a P/E ratio of 28.10 and a beta of 1.20. The service areas of the Company's public utility subsidiaries cover the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, ... [Full Article...]

Hedge funds cut long U.S. crude positions for fourth week: CFTC

Hedge funds cut long U.S. crude positions for fourth week: CFTC In its report, the American Petroleum Institute (API) showed that U.S. crude stocks increased by 882,000 barrels in the week ending 12 May to reach 523.4 million. US crude stocks fell last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, the Energy Information Administration said on Wednesday. [Full Article...]

AbbVie Inc (ABBV) Stake Maintained by Shelter Mutual Insurance Co

AbbVie Inc (NYSE:ABBV) opened at 65.63 on Friday. Krasney Fin Limited Liability Company invested 1.32% in AbbVie Inc (NYSE:ABBV). It has by 0.00% the S&P500. Investors who are keeping close eye on AbbVie Inc . The firm has "Overweight" rating by Morgan Stanley given on Monday, November 2. The stock has "Sell" rating by Societe Generale on Wednesday, April 6. [Full Article...]

Trump reportedly told Russians Comey is 'nut job,' said firing relieved 'pressure'

NYT: Trump brags to Russians about firing "nut job" ComeyPresident Donald Trump bragged to two top Russian officials last week that firing "nut job" FBI Director James Comey eased "great pressure" on him, The New York Times reported Friday . [Full Article...]

Optimism ahead of OPEC meeting drives further gains for oil

Oil prices rose more than a dollar a barrel on Friday, heading for a second week of gains on growing expectations that leading oil producers will agree at next week's OPEC-led meeting to extend output cuts aimed at reducing a global crude glut. [Full Article...]

Saudi Arabia destroys Houthi rebel missile fired towards Riyadh

Saudi Arabia destroys Houthi rebel missile fired towards Riyadh Yemen's Houthi Ansarullah rebels said on Friday it had fired a long-range ballistic missile toward the Saudi capital Riyadh , just ahead of U.S. President Donald Trump's visit to Saudi Arabia, but the claim could not immediately be confirmed. [Full Article...]

US President Trump arrives in Saudi Arabia

US President Trump arrives in Saudi Arabia Several jets then flew overhead leaving a red, white and blue trail. On Friday, a report by The Washington Post that the probe into his campaign's Russian Federation ties had identified a "significant person of interest" in the White House, undercut Trump's insistence his election bid had nothing to do with the Kremlin. [Full Article...]

Trump to Muslims on first foreign trip: Drive out terrorists

Trump to Muslims on first foreign trip: Drive out terrorists Trump and leaders of the world's Islamic nations will meet to "address ways of building more robust and effective security partnerships to counter and prevent the growing threat of terrorism and violent extremism around the globe through promoting tolerance and moderation", the statement said. [Full Article...]

Nichols plc (NICL) PT Raised to GBX 2300

Gerdau SA (ADR) (NYSE:GGB) has risen 6.00% since April 18, 2017 and is uptrending. 56,359 are held by Pillar Pacific Cap Limited Liability Company. The Firm is also a well-known provider of specialty healthcare services to healthcare institutions and educational facilities. [Full Article...]

Singapore naval drill should not hurt us: China

Likewise, following the finalization of the draft framework during the 14th Senior Officials' Meeting on the implementation of the Declaration on the Code of Conduct in the South China Sea and the 23rd China-ASEAN Senior Officials' Consultation, China and the Philippines held their 1st bilateral consultation mechanism on the South China Sea issue. [Full Article...]

Crude Prices Higher on US Stocks Draw

Crude Prices Higher on US Stocks Draw The Organization of the Petroleum Exporting Countries (OPEC) and other producers, including Russian Federation, have pledged to cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year. Brent crude futures LCOc1, the global benchmark for oil prices, were at $50.33 per barrel at 0039 GMT on Thursday, up 11 cents, or 0.2 percent, from their last close. [Full Article...]

Markets Right Now: Stocks recover ground a day after slump

Markets Right Now: Stocks recover ground a day after slump Investors were cheering solid earnings from several companies. Nelson Roberts Investment Advisors LLC increased its stake in Wal-Mart Stores by 27.2% in the third quarter. Analysts anticipate that Wal-Mart Stores Inc will post $4.33 EPS for the current fiscal year. The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. [Full Article...]

Trump told Russians firing 'nut job' Comey eased pressure on him

You might have thought it was a worse idea to exclude American press, or to omit from the official White House account that Russian Ambassador Sergey Kislyak, who's at the center of the investigation, was in attendance. That this revelation came as a result of a meeting with Russian officials, one of whom is a key figure in the investigation, is just the icing on the cake. [Full Article...]

400000 promised student loan forgiveness - here's why they are panicking

Many borrowers choose to refinance so they can get a lower interest rate, which in turn can help reduce monthly payments and save money on interest over time. More money, however, is being made available for students loans that accrue interest, giving the impression that the Trump administration would like to phase out loan subsidies. [Full Article...]

Deutsche Bank AG Raises easyJet plc (EZJ) Price Target to GBX 1125

The company was maintained on Thursday, December 3 by AlphaValue. The stock has "Hold" rating by Stifel Nicolaus on Thursday, October 29. The rating was downgraded by Shore Capital on Tuesday, May 2 to "Hold". 89,281 were reported by Wilbanks Smith & Thomas Asset Mngmt Llc. Vanguard Specialized Portfol (VIG) was reduced too. Parametric Portfolio Ltd Co invested 0.17% of its portfolio in Aetna Inc ... [Full Article...]

Man tried to get into cockpit on flight to Hawaii

Uskanil was then subdued by passengers and an off-duty police officer and evenutally duct-taped to his seat. CNBC reached out to the Federal Bureau of Investigation office in Honolulu for comment as well as the Hawaii Department of Transportation and local police. [Full Article...]

Paypal Holdings Inc (PYPL) Raised to Buy at Vetr Inc

Watching some historical volatility numbers on shares of PayPal Holdings, Inc. The 52-week range is $178.19 to $327.66 and the consensus target price is $268.71. Also, EVP Gary J. Marino sold 13,535 shares of the company's stock in a transaction that occurred on Tuesday, April 4th. The stock gained 0.81% in total of its share price. [Full Article...]

President's 2018 budget to include paid family leave

The program is expected to cost around $25 billion over 10 years, but officials reportedly stayed tight-lipped about where those funds would come from. Trump's initial " skinny " budget, released in mid-March , received heavy criticism from family advocates due to its steep cuts to education , housing and health programs, which many feared would negatively affect women and children, AP reported. [Full Article...]


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