Finance

Aston Martin wants to be more involved in Formula One

Aston Martin wants to be more involved in Formula One When asked if Aston might build an engine for Red Bull, Horner answered: "They can't do that now, so it would have to be for 2021". Renault's engines have proved less competitive than those of rivals Mercedes and Ferrari, bringing the pair to the brink of a divorce that was only averted when Red Bull failed to find an alternative supply. [Full Article...]

USA close: Stocks mixed as investors look towards FOMC

That issue appeared to ease after U.S. Secretary of State Rex Tillerson said the U.S. seeks a "peaceful solution" and wants to "bring North Korea to the table for constructive, productive dialogue", speaking in an interview on CBS's "Face the Nation". [Full Article...]

Mattis hints at USA military options for North Korea

Mattis hints at USA military options for North Korea He added, however, that North Korea is deliberately avoiding crossing a line that would "make them vulnerable", and that US and Japanese missile defenses have been ready to respond. Even as tensions rise, the United States and its allies have stuck to a hands-off policy when North Korea test-fires its missiles. Haley said during a Sunday interview with CNN that those words were " not an empty thre... [Full Article...]

Ocado Posts 13% Revenue Increase In Q3 As Orders Grow

Ocado Posts 13% Revenue Increase In Q3 As Orders Grow Along with contracts for other companies, such as Morrison's, this helped lift group revenue 14.3% to £344.5m. "We are pleased to report another strong quarter of growth", said Ocado chief executive Tim Steiner. Kantar said Ocado now has a 1.4% share of the market, up from 1.3% a year earlier, while it said the retailer's sales grew by 10.1% in the latest quarter. [Full Article...]

Hurricane Maria Strengthens to Category 3 Storm in Atlantic; Eyes Puerto Rico

Hurricane Maria Strengthens to Category 3 Storm in Atlantic; Eyes Puerto Rico Unsafe storm surges, destructive waves, flash floods and mudslides also threaten the Leeward Islands - the island group that includes Martinique, Puerto Rico and the USA and British Virgin islands - the NHC said. Officials in Dominica closed schools and government offices and urged people to evacuate and seek shelters. Irma, a Category 5 hurricane, left around 40 people dead in the Caribbean b... [Full Article...]

Asian Stocks Rally Ahead Of Fed Meeting

Asian Stocks Rally Ahead Of Fed Meeting Over the next 6 months, I personally expect the two-year Treasuries' yields to increase from that 1.39 percent to around 1.8 percent, which, in case I'm right, would of course also mean that their price is set to go down. "Certainty is preferred to uncertainty, when it comes to market confidence". Even though the Fed's about to reduce their balance sheet, you continue to have incredibly aggressive... [Full Article...]

Tale of the Ticker: Luminex Corp (LMNX) Moves on Volume

Shares of Vanguard S&P 500 Value Index Fund opened the last session at $102.88, touching a high of $102.92 and a low of $102.781, yielding a change of 0.05. Despite the name, CCI can be used on other investment tools such as stocks. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the long... [Full Article...]

A Few Positives and Negatives for General Electric Company (GE)

On average, equities analysts anticipate that General Electric Company will post $1.56 earnings per share for the current year. Altria Group Inc. had 39 analyst reports since July 31, 2015 according to SRatingsIntel. Therefore 48% are positive. Media headlines about General Electric (NYSE:GE) have trended somewhat positive this week, according to Accern Sentiment. [Full Article...]

Bank of America Corporation (NYSE:BAC) Analytical Analysis

Bank of America Corporation (NYSE:BAC) Analytical Analysis About 215 shares traded. Is Bank of America Corporation (NYSE: BAC ) Cheap From Peers? It has outperformed by 41.94% the S&P500. Weitz Investment Management Inc decreased Motorola Solutions Inc (MSI) stake by 31.19% reported in 2016Q4 SEC filing. [Full Article...]

Direxion Semiconductor Bear 3X Shares (SOXS) Under the Watchful Eye of Investors

This measurement is based on closing prices over a specific period of time. Other investors may opt to play it safe and build a portfolio with low risk, staple stocks. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. The 14-day ADX for Direxion Daily European Financials Bull 2X Shares (EUFL) is now at 18.44. [Full Article...]

Indicator Focus on Shares of Gilead Sciences Inc (GILD)

It has underperformed by 8.78% the S&P500. Calamos Wealth Management LLC cut its position in shares of Gilead Sciences, Inc . Tetrem Capital Management Ltd sold 16,471 shares as Gilead Sciences Inc ( GILD)'s stock declined 8.05%. Maxim Group downgraded the stock to "Hold" rating in Friday, April 29 report. Therefore 41% are positive. (NASDAQ:GILD) rating on Tuesday, July 25. (NASDAQ:GILD) ha... [Full Article...]

Lidl retains title of UK's fastest growing supermarket

Lidl retains title of UK's fastest growing supermarket Fellow privately held German retailer Aldi, saw sales surge 15.6% and market share bump up to 6.9% from 6.2%. Meanwhile, online grocery delivery company Ocado Group PLC achieved 10% growth in sales, while its market share increased slightly to 1.4% from 1.3%. [Full Article...]

China preparing to crack down on all trading of bitcoin, says WSJ

China preparing to crack down on all trading of bitcoin, says WSJ According to a report by the Business Standard , a regional publication, the central government of India has discussed the possibility of a state-cryptocurrency that would be issued and backed by the central bank. "It is unlikely that the cryptocurrency trading will re-commence in the short term, as the financial regulators have made this decision", said Deng Jianpeng, a professor at the Law Scho... [Full Article...]

Ryanair tries to manage 0.4m cancellations after 'mess up'

Ryanair tries to manage 0.4m cancellations after 'mess up' Ryanair, the world's leading global scheduled airline, estimates that around 400,000 passengers will see their flights cancelled over the next six weeks to 28 October - equal to "40 to 50 daily flights" that the low-priced carrier will either reschedule, or not operate. [Full Article...]

This time hurricane will not spare Puerto Rico

This time hurricane will not spare Puerto Rico The Caribbean Islands are still reeling from Hurricane Irma , but another big storm is on the way and Puerto Rico is in its crosshairs. Maria, now a Category 3 hurricane on the five-step Saffir-Simpson scale, was about 95 miles (150 km) east-southeast of Dominica and was carrying maximum sustained winds of 120 miles per hour (195 km per hour), it said. [Full Article...]

TPG lifts profit but warns of NBN pressure

TPG lifts profit but warns of NBN pressure Mobile subscribers decreased by 30,000, affecting both TPG and iiNet. Australian telecom services provider TPG Telecom Ltd on Tuesday posted an annual net profit that rose 9 percent and topped estimates, but said it expects fiscal year 2018 earnings before interest, tax, depreciation and amortization (EBITDA) to be lower than the prior year. [Full Article...]

Financial Watchlist of Brocade Communications Systems, Inc. (NASDAQ:BRCD)

It has outperformed by 41.77% the S&P500. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 33,128,889 shares of the stock are valued at $405.17 million. 162,000 were reported by State Treasurer State Of Michigan. Shares of FMC Technologies, Inc. Brocade markets, sells and supports its products and services across the world to the end user customers through distr... [Full Article...]

Cuomo suggests uncompromising directive for credit reporting organizations

Cuomo suggests uncompromising directive for credit reporting organizations Waters said the bill would bring accountability to the credit reporting industry by enhancing consumer and creditor confidence in the integrity of information within consumer credit reports and restoring fairness in the system. He reiterated that the supervision of credit reporting agencies will assist in ensuring that private information is less unprotected to cyber-attacks and other atrocious ac... [Full Article...]

Hot Stock to Watch: Intel Corporation

It has outperformed by 195.58% the S&P500. Jana Partners Llc increased Sage Therapeutics Inc (SAGE) stake by 78.54% reported in 2016Q4 SEC filing. Ltd. Fmr Lc reported 5.58M shares. The company has 4.71 Billion shares outstanding and 4.7 Billion shares were floated in market. Baker Ellis Asset Lc, Oregon-based fund reported 26,532 shares. [Full Article...]

Hurricane Maria packs a Category 5 punch toward Dominica

Hurricane Maria packs a Category 5 punch toward Dominica Hurricane Maria has been upgraded to a Category 4 after the latest 5 p.m. report reveals the storm has increased in max sustained wind speed of 130 miles per hour. Trump issued an emergency declaration for the US Virgin Islands. A hurricane has not made landfall in Puerto Rico since Georges in 1998. Some of these islands are still recovering after being hit by Irma - the category five hu... [Full Article...]


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