Finance

Synchronoss Technologies, Inc. (NASDAQ:SNCR) up 0.81% in pre-session

The counter witnessed a trading volume of 11.48 million shares versus an average volume of 0.58 million shares during last trading session. Synchronoss Technologies (NASDAQ: SNCR ) opened at 9.82 on Wednesday. Emerald Advisers Inc increased its stake in Synchronoss Technologies Inc ( SNCR ) by 40.11% based on its latest 2016Q4 regulatory filing with the SEC. [Full Article...]

Shares in Marathon Oil Corporation (MRO) Acquired by Laurion Capital Management LP

Analysts await Post Holdings Inc (NYSE:POST) to report earnings on November, 16. The company has mean EPS estimate of 0.58 reported by 17 number of analyst for the quarter ending Current Qtr.(Sep2017). As of the end of the quarter Next Financial Group, Inc had sold a total of 7,950 shares trimming its stake by 83.9%. JFS Wealth Advisors LLC grew its holdings in Marathon Oil Corporation by 27.6% ... [Full Article...]

U.S. markets calm as Fed outcome looms

U.S. markets calm as Fed outcome looms The Fed is widely expected to announce that it will start paring its balance sheet, with the reductions seen likely to start this year. In the opening minutes, the Dow Jones rose 4.96 points or 0.02% to 22,375.76, while the wider S&P 500 index gained 1.92 points or 0.08% to 2,508.57. [Full Article...]

OECD economic outlook upgrades global growth forecast, but United Kingdom still lags

OECD economic outlook upgrades global growth forecast, but United Kingdom still lags After forecasting GDP growth of 1.8% for 2017 and 2018, the organisation is now much more upbeat and expects the economy to expand 2.1% this year and 1.9% in 2018. Growth in China is revised upward, to 6.8% this year and a more moderate 6.6% next year, as stimulus measures ease and efforts continue to stabilise corporate debt and rebalance the economy. [Full Article...]

Uber reviews India, Asia business over bribery allegations in US

Uber reviews India, Asia business over bribery allegations in US Department of Justice into whether company managers violated U.S. laws against bribery of foreign officials, specifically the Foreign Corrupt Practices Act. Uber did not immediately respond to Business Insider's request for comment. The U.S. Department of Justice could not be reached for comment outside of regular U.S. [Full Article...]

Nucor Corporation (NYSE:NUE) - Hot Stock of the Day

Susquehanna Bancshares Inc upped their price target on Universal Display Corporation from $105.00 to $120.00 and gave the company a "positive" rating in a report on Monday, May 15th. If you are viewing this story on another website, it was stolen and reposted in violation of worldwide trademark & copyright laws. It is now trading at $142.60 much higher than the 50 day moving average of $119.99... [Full Article...]

AUD USD Exchange Rate Fluctuates as Markets Await Fed Policy Meeting

AUD USD Exchange Rate Fluctuates as Markets Await Fed Policy Meeting The caution in financial markets ahead of the Fed has kept some investors from making sharper adjustments to their positions despite potentially higher tensions over the Korean peninsula following hawkish statements from U.S. But although the dollar has since risen sharply versus the yen, against a basket of major currencies it gained only half a percent last week. The Federal Open Market Comm... [Full Article...]

Toyota reveals GR sports auto series in Japan

Toyota reveals GR sports auto series in Japan The GR Sport is the entry-level model, followed by the mid-tier GR, and then the range-topping GRMN. Conspicuously absent is the yet-to-be revealed reborn Supra, which will no doubt become the new Toyota GR range topper when it eventually launches. [Full Article...]

US Navy fires two commanders after deadly sea collisions in Asia

US Navy fires two commanders after deadly sea collisions in Asia Delayed maintenance on ships, budget concerns, and training gaps may have also had an effect, Richardson said. "One of the immediate actions following these incidences particularly in heavily trafficked areas, we are just going to turn it on", Richardson said. [Full Article...]

Retail sales rise for 52nd consecutive month

Retail sales rise for 52nd consecutive month In the European trading, the pound rose to 2-day highs of 1.3608 against the United States dollar, 1.3057 against the Swiss franc and 0.8826 against the euro, from early lows of 1.3492, 1.2974 and 0.8888, respectively. Excluding auto fuel, retail sales volume climbed 1% in August after rising 0.7% a month ago. Sales will fall unless September sees an increase of 2.9%, a figure last exceeded at the... [Full Article...]

Toshiba flips back to favoring Western Digital group for chip unit sale

Toshiba flips back to favoring Western Digital group for chip unit sale After three-month-long negotiations, Japanese conglomerate Toshiba selected a global consortium led by U.S. private equity group Bain Capital to sell its memory business, according to news reports on September 20. A Western Digital spokesman declined comment. Bain Capital didn't immediately respond to a request for comment. Even without that problem staring it in the face, the semiconductor busi... [Full Article...]

LG Chem, US electric bus manufacturer co-develop new battery cell

LG Chem, US electric bus manufacturer co-develop new battery cell Catalyst E2 Max is capable of carrying maximum passengers upto 40 with a maximum speed of 65 miles per hour. Proterra reported that its zero-emission bus model Catalyst E2 has succeeded traveling 1,772 kilometers at low speed on a single charge of batteries provided by LG Chem. [Full Article...]

Thyssenkrupp considered breakup before plumping for Tata JV

Thyssenkrupp considered breakup before plumping for Tata JV The two groups said the memorandum of understanding is a preliminary agreement and will be called Thyssenkrupp Tata Steel upon completion. Shares of Tata Steel advanced in early trade on Wednesday after reports that Thyssenkrupp and Tata Steel sign MoU for a 50:50 European joint venture. [Full Article...]

Bed Bath & Beyond Inc. (NASDAQ:BBBY) To Report Earnings

Bed Bath & Beyond Inc. (NASDAQ:BBBY) To Report Earnings About 2.64M shares traded. The current consensus rating for Bed Bath & Beyond Inc. Bronfman E.L. Rothschild L.P. now owns 3,836 shares of the retailer's stock valued at $117,000 after purchasing an additional 3,463 shares during the period. [Full Article...]

Capital One National Association Sells 2473 Shares of Nike, Inc. (NKE)

Capital One National Association Sells 2473 Shares of Nike, Inc. (NKE) It has underperformed by 25.94% the S&P500. 11423 shares were traded on Nike, Inc .'s last session. State Street Corp grew its holdings in Nike by 1.4% during the first quarter. In this case, shares are 44.53% higher from $2.56, the worst price in 52 weeks suffered on Sep. Investors sentiment decreased to 1 in 2016 Q4. Analysts expect PNC Financial Services Group Inc (NYSE:PNC) to report $2... [Full Article...]

Gold range-bound ahead of US Fed policy statement

Gold range-bound ahead of US Fed policy statement Moreover, markets will also be looking for any hints regarding the bank's next interest rate increase, with about 60 percent of market participants hoping for a hike by December. The Fed's balance sheet, which has swollen to $4.2 trillion to $4.5 trillion since the global financial crisis, is due to be reduced-the question is just when and at what pace. [Full Article...]

Financials Higher Ahead of Fed Meeting -- Financials Roundup

Financials Higher Ahead of Fed Meeting -- Financials Roundup The Federal Open Market Committee starts the two-day meeting on Tuesday. "Financials have started to find some strength on hopes that this week the Fed will announce when it will start to reduce its balance sheet, which should lead to higher rates which are beneficial to the group", said Ryan Detrick, senior investment strategist at brokerage LPL Financial. [Full Article...]

Canadian PM says not to do business with Boeing

Canadian PM says not to do business with Boeing Such a move would be hard given worldwide trade laws, but if successful, it could represent a major blow to Boeing: the 88 new jets are expected to cost between $15 billion and $19 billion. The UK government is the second largest purchaser of Boeing products. Since then, the dispute has escalated publicly and in dramatic fashion. The US Department of Commerce has set 25 September as the date... [Full Article...]

Equifax Hacked Because of Incompetent Security Chief

Equifax Hacked Because of Incompetent Security Chief It said Mandiant was brought in on August 2 after Equifax's security team initially observed "suspicious network traffic" on July 29 United States time. The particular vulnerability in Apache Struts was identified and disclosed by US CERT in early March 2017. " Equifax's Security organization was aware of this vulnerability at that time, and took efforts to identify and to patch any vulnerable s... [Full Article...]

Ram Recalls Nearly 500000 Trucks

Ram Recalls Nearly 500000 Trucks All the vehicles covered under this recall have Ram's 6.7-liter engine under the hood. Fiat Chrysler is recalling almost 500,000 pickup trucks over a possible fire risk. Of these, he said, "a smaller number involved damage", but the reports did not involve damage beyond "the immediate area of the water pump". Drivers may see a warning light if the water pump doesn't function correctly. [Full Article...]


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