Markets

AMP shares fall further as chairman steps down in wake of scandal

AMP shares fall further as chairman steps down in wake of scandal AMP's Australian chair has resigned as the company continues to grapple with fall-out from admitting it charged fees for no advice during Australia's Royal Commission into misconduct in the financial services sector. "I just want to make it very, very clear, my commitment and the government's commitment is to ensure that the wrongdoing that we have seen does not happen again and we make sure that ... [Full Article...]

Sensex goes past 35K-mark, Nifty over 10700 points

Sensex goes past 35K-mark, Nifty over 10700 points YES Bank (3.90%), HUL (2.27%) and TCS (2.22%) were the top gainers on Sensex. However, the shares of ICICI Bank and Axis Bank ended in the red. The 50-shares NSE Nifty too crossed the 10,700-mark again, riding on a slew of positive factors, including the RBI liberalising European Central Bank policy. [Full Article...]

$0.99 EPS Expected for Merck & Co., Inc. (MRK) on May, 1

Since April 30, 2017 MRK has declined 14.94% and is downtrending. MRK underperformed by 26.49% the S&P500. Bontempo Ohly Capital Mgmt Llc increased Pepsico Inc Com (PEP) stake by 16.04% reported in 2017Q4 SEC filing. Calamos Wealth Management Llc decreased its stake in Merck & Co ( MRK ) by 10.75% based on its latest 2017Q4 regulatory filing with the SEC. Among 24 analysts covering Merck &... [Full Article...]

Oasis Petroleum (OAS) Receives Average Rating of "Hold" from Brokerages

The stock has a market capitalization of $3,430.04, a price-to-earnings ratio of 540.00 and a beta of 2.11. OAS is downtrending and has moved 35.79% since April 29, 2017. Piper Jaffray maintained Amgen Inc. (NASDAQ:PEP) has "Buy" rating given on Friday, July 8 by Deutsche Bank. Piper Jaffray has "Buy" rating and $193.0 target. [Full Article...]

Magellan Midstream Prtnrs LP (MMP) Shareholder Atlantic Trust Group LLC Decreased Stake

The Company ended its previous trading session at $3.74 with the loss of -2.86%. Shell Midstream Partners (NYSE: SHLX ) last announced its quarterly earnings data on Tuesday, February 27th. Investors sentiment decreased to 0.76 in Q4 2017. (NYSE:NEWR) to report $-0.15 EPS on May, 8 after the close.They anticipate $0.11 EPS change or 42.31% from last quarter's $-0.26 EPS. [Full Article...]

Greitens Defense Wants Woman's Testimony Excluded

Greitens Defense Wants Woman's Testimony Excluded However, on his twitter page today, Faughn confirmed he did have interaction with Watkins as he hired the ex-husband's lawyer in order to gather more information on the governor for a book he is now writing. The emails were written before the governor's office created official social media accounts. The response filed on Hawley's behalf called Greitens' argument for a restraining order "frivolou... [Full Article...]

USA inflation in March hits Fed goal

USA inflation in March hits Fed goal With inflation reaching the Fed's preferred level in March, the bank could increase interest rates further than its current projections. The rise in the annual inflation measures reported by the Commerce Department on Monday was anticipated by economists and Fed officials and is not expected to alter the US central bank's gradual pace of interest rate increases. [Full Article...]

Enbridge Inc. (NYSE:ENB) Ratings Summary as of April 26, 2018

The stock increased 0.68% or $0.2 during the last trading session, reaching $29.47. About 953,085 shares traded or 0.71% up from the average. Enbridge Inc. The firm has "Buy" rating by BMO Capital Markets given on Friday, April 28. Credit Suisse maintained the shares of PEP in report on Thursday, February 1 with "Hold" rating. [Full Article...]

NZ arm of ANZ Bank's net profit makes strong first half profit

NZ arm of ANZ Bank's net profit makes strong first half profit ANZ's net interest margins - which compare the bank's funding costs with what it charges for loans - contracted from 2 per cent to 1.93 per cent over the year. Statutory profit rose 11 per cent to $964 million, as revenue rose 3 per cent to $2.1 billion. "It's sitting on a lot of capital, and it's becoming a dividend stock". [Full Article...]

Panasonic fined $280 mil by United States over bribery

Panasonic fined $280 mil by United States over bribery Panasonic Avionics at 26200 Enterprise Way in Lake Forest. The payments were made by US-based subsidiary, Panasonic Avionics Corp, between 2007 and 2016, the USA said. The Criminal Division's Fraud Section reached this resolution based on a number of factors, including the fact that PAC did not timely voluntarily self-disclose the conduct, but did cooperate with the department's investigation af... [Full Article...]

Marriott Vacations Buying Timeshare Operator ILG for $4.7 Billion

Marriott Vacations Buying Timeshare Operator ILG for $4.7 Billion About 3.38 million shares traded or 1774.68% up from the average. Marriott Vacations Worldwide Corporation (NYSE: VAC ) has risen 39.79% since April 28, 2017 and is uptrending. First Trust Advsrs Limited Partnership has 4,253 shares for 0% of their portfolio. 800 are owned by Daiwa Secs Gp. Ladenburg Thalmann Financial Services Inc. [Full Article...]

Customers angry over Telstra 4G outage

Customers angry over Telstra 4G outage Telstra customers across the country are struggling to make and receive calls using the company's 4G network. That outage saw services in Sydney, Melbourne, Brisbane, Adelaide, and Perth go down. To make matters worse, the company's own outages page was also down at the same time, causing more frustration with customers who wanted answers. Says call failed. [Full Article...]

Avengers: Infinity War Recasts Surprising Returning Character (SPOILERS)

Avengers: Infinity War Recasts Surprising Returning Character (SPOILERS) Thanks to a day-and-date debut in China - where Infinity War doesn't open until May 11 - Fate of the Furious still boasts the top global opening with $443.2 million (which included $184.9 million from the Middle Kingdom). Disney estimates a Friday box office total of $ 106 million in the United States, capping off what started as a record preview performance on Thursday night. [Full Article...]

DP World and Hyperloop One Create Cargospeed

DP World and Hyperloop One Create Cargospeed The technology facilitates autonomous operations created to reduce human errors and run with minimal delays. Late past year, Virgin Hyperloop One named Branson as non-executive Chairman and raised an additional $50 million with investments from Caspian Venture Capital and DP World. [Full Article...]

Twitter Spikes Following New Live Content And Advertising Deal With Disney

Twitter Spikes Following New Live Content And Advertising Deal With Disney The Orrstown Financial Services Inc holds 5,226 shares with $1.23M value, down from 6,611 last quarter. Swift Run Capital Management Llc who had been investing in Grace W R & Co Del New for a number of months, seems to be less bullish one the $4.63B market cap company. [Full Article...]

New Residential Investment Corp. (NRZ) EPS Estimated At $0.55 on May, 7

It has underperformed by 10.65% the S&P500. Santa Barbara Asset Management Llc increased its stake in Ingersoll (IR) by 19.96% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:HRB). Legal And General Group Pcl stated it has 0.02% in H&R Block, Inc. Sumitomo Mitsui Asset Mngmt has invested 0.03% of its portfolio in Ingersoll-Rand Plc (NYSE:IR). [Full Article...]

No spirit of revenge in Brexit negotiations: Michel Barnier

No spirit of revenge in Brexit negotiations: Michel Barnier At a press conference during his visit to Ireland, Barnier called for a "clear and operational solution for Ireland" to be included in the Brexit deal, adding: "Until we reach this agreement, there is a risk". They were also keen to stress that "meaningful progress" on the border issue needs to be made by June's European Council summit, otherwise getting the withdrawal agreement ready by Oct... [Full Article...]

Analysts Set Sabra Health Care REIT Inc (SBRA) Target Price at $23.22

Tarbox Family Office Inc invested in 0.01% or 149 shares. About 1.65 million shares traded. Cutter & Company Brokerage Inc bought 17,121 shares as the company's stock declined 9.73% with the market. Stifel Nicolaus reiterated a "hold" rating and issued a $21.00 price target (down previously from $22.00) on shares of Sabra Health Care REIT in a report on Thursday, February 22nd. [Full Article...]

Fitbit joins Google Cloud Healthcare API to share health data with doctors

Fitbit joins Google Cloud Healthcare API to share health data with doctors That's why Fitbit and Google want to bring healthcare providers into the loop. Fitbit said it will also move to the Google Cloud Platform, allowing the company to leverage Google Cloud's infrastructure and advanced security capabilities to accelerate the Fitbit Health Solutions business and further expand into population health analysis. [Full Article...]

Analysts Mindset About Abbott Laboratories (ABT) and Patterson-UTI Energy, Inc. (PTEN)

The company's last traded volume of 3.78 million shares was above it's an average volume of 3.94 million shares. Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada.The firm is valued at $4.67 billion. [Full Article...]


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