Markets

Anthony Weiner pleads guilty in sexting case

Anthony Weiner pleads guilty in sexting case As part of the plea agreement, prosecutors said a sentence of 21 to 27 months would be "fair and appropriate". Investigators say Weiner , then 51, began exchanging illicit text messages with a 15-year-old girl in North Carolina in January 2016. [Full Article...]

Frontier Communications Corp (NASDAQ:FTR) & Pfizer Inc. (NYSE:PFE) Traders Recap

Out of the brokerage recommendations 2 rate Frontier Communications Corp (NASDAQ:FTR) stock a Strong Buy, 1 rate the stock a Buy, 10 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Frontier Communications Corp had a negative net margin of 5.01% and a positive return on equity of 2.05%. Its revenue totaled $2.35 billion down -2.57% from the previous quarter. [Full Article...]

Flipkart signs term-sheet for buying out smaller rival Snapdeal

Flipkart signs term-sheet for buying out smaller rival Snapdeal Bahl, the chief executive of Snapdeal, and Bansal, the chief operating officer, have begun reaching out to the minority stakeholders through Credit Suisse, which is representing Snapdeal in the deal talks, to get their assent for the sale to Flipkart, according to people aware of the matter. [Full Article...]

Moody's downgrades China, expecting financial strength to erode as debt rises

Moody's last cut China's sovereign rating in 1989, when it downgraded the sovereign to Baa2 from Baa1, according to spokesperson, Manvela Yeung. It added that the moves are "underestimating the Chinese government's ability to deepen supply-side structural reform and appropriately expand aggregate demand". [Full Article...]

Here comes the Bank of Canada

The statement overall was optimistic surrounding the growth outlook and does not suggest that the bank would look to ease monetary policy while policy tightening could be considered later this year if growth is above forecast levels. A recent string of strong manufacturing and retail and wholesale sales data prompted some economists to suggest first-quarter growth was tracking close to a 5% annual... [Full Article...]

Trump pushes for Mideast peace, but avoids thorny details

Trump pushes for Mideast peace, but avoids thorny details Although democracy in Iran has clear limits - all candidates must be vetted by a hard-line body and the unelected supreme leader can veto policies of the elected government - it still goes further than in most of the countries that attended Trump's speech, a fact noticed across the region. [Full Article...]

History of Memorial Day

Set aside time on public service projects often carried out on this holiday, such as cleanups or fund-raisers. It was originally called "Decoration Day". As we prepare the potato salad, and run to the grocery store to pick up the charcoal for the barbecue, we must also remember the real reason for this holiday. [Full Article...]

Banco Santander, S.A. (SAN)'s enterprise value is $25.48 Billion

Banco Santander Brasil SA (ADR) (NYSE:BSBR) stock price escalated 3.85% to finalize at $7.82 throughout previous buying and selling session. Finally, Goldman Sachs Group Inc lifted their target price on shares of Banco Santander-Chile from $23.00 to $26.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 2nd. [Full Article...]

Lavazza Group buys 80% stake in BC-based Kicking Horse Coffee Ltd.

Lavazza Group buys 80% stake in BC-based Kicking Horse Coffee Ltd. Old World coffee giant Lavazza is buying control of Kicking Horse Coffee , the company known for its cheekily named blends that can trace its roots to a garage in the Rocky Mountains. The company said Kicking Horse is a leader in the fast-growing fair trade, organic segment, with distinctive roast offerings with names like Hoodoo Jo, Cliff Hanger and Grizzly Claw. [Full Article...]

Hikma's generic Advair faces US delay, 2017 approval unlikely

Hikma's generic Advair faces US delay, 2017 approval unlikely The FDA has already rejected Mylan's generic at the end of March, and on Wednesday it disclosed that the FDA also had a "major" issue with its filing. Generics from both companies will be delayed by at least 10 months while they resubmit amended applications. Hikma said it was in the process of reviewing its response, adding it appeared no material issues were raised to prevent its proposed ... [Full Article...]

Concepta PLC (CPT) Rating Reiterated by Beaufort Securities

JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 585 ($7.61) price target on shares of RSA Insurance Group plc in a report on Friday, March 31st. 02/03/2017 - Coats Group had its "Buy" rating reiterated by analysts at Canaccord Genuity. The firm earned "Hold" rating on Friday, November 13 by Jefferies. [Full Article...]

Washington Prime Group Inc. (NYSE:WPG) Valuation According To Analysts

Tracking most recent quarter period, Price to book (P/B) ration is at 1.70 and Price to cash per share ration is at 16.13. The company is engaged in the ownership, management, acquisition and development of retail properties. The shares are at this time trading -17.83% less than its SMA 50 and -29.43% under its SMA 200. (NYSE:WPG) was up +4.13% during the last trading session, with a day high of 7... [Full Article...]

Bank warns of squeeze as inflation outstrips wages

Bank warns of squeeze as inflation outstrips wages Economists expect the BoE will trim its growth forecast for this year to account for the weak first quarter, but otherwise its economy and inflation projections will look similar to those from three months ago. Sterling fell as much as 0.7 per cent to a one-week low US$1.2849 following the Bank's release. Tom Stevenson, investment director for Personal Investing at Fidelity International , sa... [Full Article...]

China's credit rating downgraded amid fears over slowing economy

Moody's Investor Services today announced a downgrading of China's credit rating to a negative A1 from a stable Aa3, the first time in almost 30 years, over concerns of weakening of the financial strength of the world's second-largest economy . [Full Article...]

AmTrust Financial Services Inc (AFSI) SVP Sells $65400.00 in Stock

AmTrust Financial Services Inc (AFSI) SVP Sells $65400.00 in Stock For the next year, analysts expect that the company will post sales of $6.65 billion per share, with estimates ranging from $6.39 billion to $6.96 billion. The shares were sold at an average price of $23.50, for a total transaction of $84,600.00. The disclosure for this sale can be found here. Hedge funds and other institutional investors own 41.61% of the company's stock. [Full Article...]

US Military's XS-1 Space Plane Will Be Built by Boeing

US Military's XS-1 Space Plane Will Be Built by Boeing The U.S. military's new XS-1 space plane will be built by Boeing, and it's called the Phantom Express . It's kind of like skydiving, but when this plane's passenger gets pushed out the door at the edge of space, it doesn't fall to the ground. [Full Article...]

What's Propelling Conagra Brands Incorporated (NYSE:CAG) After Higher Shorts Reported?

TheStreet downgraded the stock to "Hold" rating in Thursday, September 24 report. The firm earned "Hold" rating on Friday, September 25 by Deutsche Bank. Bank of Montreal Can now owns 3,366,929 shares of the company's stock worth $135,821,000 after buying an additional 1,931,340 shares during the period. [Full Article...]

Analysts' Activity: Cliffs Natural Resources Inc (NYSE:CLF)

Pioneer Natural Resources Company Profile Pioneer Natural Resources Company is an oil and gas exploration and production company. It closed at $13.91 lastly. Shares for $291,330 were sold by BERG MARK STEPHEN on Tuesday, March 7. $547,442 worth of stock was sold by Montemayor Margaret on Monday, February 27. [Full Article...]

Stock Showing Surging Activity: Cisco Systems, Inc. (CSCO)

Stock Showing Surging Activity: Cisco Systems, Inc. (CSCO) It has underperformed by 3.50% the S&P500. KGC's SI was 18.03 million shares in May as released by FINRA. Daiwa Sb Limited holds 350 shares. On Friday, February 24 the insider Dedicoat Chris sold $1.18M. New York State Teachers Retirement Systems invested 0.73% of its portfolio in Cisco Systems, Inc. (NASDAQ: CSCO ) for 6,746 shares. (NASDAQ: CSCO ). [Full Article...]

'Unexpectable' Trump makes Netanyahu, and Adelson, very happy

Abbas reiterated his call for a two-state solution to the conflict, including a Palestinian state with east Jerusalem as its capital. Expressing optimism that a peace deal could finally be brokered to end the almost 70-year-old conflict and suggested a resolution may not be hard to obtain it. [Full Article...]


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