Finance

Asian stock markets mostly higher; Europe up in early trading

Asian stock markets mostly higher; Europe up in early trading Seven of 11 major S&P indexes were down, led by the information technology and Industrials. NY - U.S. Treasury debt yields were slightly lower on Tuesday in volatile trading as market sentiment remained cautious two days after a mass shooting in Las Vegas , with investors also continuing to weigh the prospects of another interest rate hike this year. [Full Article...]

Going Through the Chart for Apple Inc. (AAPL)

Going Through the Chart for Apple Inc. (AAPL) Ellsworth Growth and Income Fund Ltd (NYSEMKT:ECF) has risen 15.85% since October 4, 2016 and is uptrending. Since April 5, 2017, it had 0 insider buys, and 11 selling transactions for $54.79 million activity. A statistical measure of the dispersion of returns (volatility) for AAPL producing salvation in Investors mouth, it has week volatility of 1.02% and for the month booked as 1.53%. [Full Article...]

UK Car Sales Fall For Sixth Month: SMMT

UK Car Sales Fall For Sixth Month: SMMT New auto registrations fell by 9.3 per cent year on year to 426,170 last month, according to the Society of Motor Manufacturers and Traders . Total vehicle sales so far in 2017 have reached 2,066,411, representing a fall of 3.9% on the same period a year ago. [Full Article...]

Amazon must pay $295 million in back taxes

Vestager. They allege that Luxembourg's 2003 tax deal with the conglomerate allowed it to form Amazon Europe Holding Technologies, a company that did not have to pay European taxes. "As a result, nearly three-quarters of Amazon's profits were not taxed". "The holding company was an empty shell", Vestager said. Both Apple and Ireland have challenged the ruling, but a legal tussle ... [Full Article...]

Will cut Value-Added Tax on fuels: Vijay Rupani

Will cut Value-Added Tax on fuels: Vijay Rupani Sky-rocketing petrol prices were pinching the pockets of consumers and resulted in much furor over the last fortnight. "The excise duty on Petrol and Diesel has been reduced by two rupees per litre from today by the Central government, to cushion the impact of rising global prices of crude oil and the resultant hike in retail prices of petrol and diesel", Pradhan said. [Full Article...]

Karti moves SC in Aircel Maxis case

Karti moves SC in Aircel Maxis case He stressed that Karti is not an accused as he not been charged yet. The lawyer said all proceedings connected with the matter had been terminated. The court's response came today on an appeal filed by the CBI against the Madras High Court order cancelling the lookout notice issued by the agency against Karti Chidambaram, the son of former union minister P Chidambaram. [Full Article...]

Leopard Enters Maruti Suzuki Plant In Manesar Near Gurgaon, Search Operation Launched

Leopard Enters Maruti Suzuki Plant In Manesar Near Gurgaon, Search Operation Launched An official said that special teams have been formed to nab the wild cat. Forest officials said they received information about the leopard at around 3.30am. Work at the plant has been halted till the leopard is found. In April this year, a leopard was spotted near the Golf Course in Gurgaon's Phase 5 area, home to several gated condominiums, offices and shopping malls. [Full Article...]

A Look Behind What's Moving Boardwalk Pipeline Partners, LP (NYSE:BWP)

Transocean LTD (RIG) has risen 15.86% since October 2, 2016 and is uptrending. It has outperformed by 3.50% the S&P500. Analysts expect Boardwalk Pipeline Partners, LP (NYSE:BWP) to report $0.25 EPS on October, 30.They anticipate $0.06 EPS change or 31.58% from last quarter's $0.19 EPS. [Full Article...]

Waste Management (WM) Downgraded By Stifel Nicolaus; 3 Analysts Covering PrivateBancorp (PVTB)

Waste Management (WM) Downgraded By Stifel Nicolaus; 3 Analysts Covering PrivateBancorp (PVTB) Guardian Life Insurance Co. of America now owns 1,568 shares of the business services provider's stock worth $114,000 after purchasing an additional 14 shares during the last quarter. The ex-dividend date was Thursday the 3rd of August 2017. Waste Management's dividend payout ratio (DPR) is now 58.42%. A number of equities research analysts recently commented on the stock. [Full Article...]

Uber's board approves reforms as Softbank buys a huge stake

Uber's board approves reforms as Softbank buys a huge stake The board voted Tuesday to require two-thirds of the directors' votes to approve a new chief executive, likely closing the door on any effort Kalanick might make to return as CEO. Is it so that the Uber IPO is one step closer now after this development? A consortium including Softbank will reportedly invest $1 billion to $1.25 billion in Uber and also purchase some 14 to 17 percent of the compan... [Full Article...]

Occidental Petroleum Corporation (OXY) Shares Bought by Macquarie Group Ltd.

Lucas Capital Management sold 20,100 shares as the company's stock declined 8.50% while stock markets rallied. The Dock Street Asset Management Inc holds 14,733 shares with $14.26M value, up from 13,378 last quarter. Following the acquisition, the director now directly owns 70,692 shares of the company's stock, valued at approximately $4,353,213.36. Geode Management Lc reported 194,161 shares. [Full Article...]

Creditors set October 7 deadline for Sears Canada to enter liquidation

Creditors set October 7 deadline for Sears Canada to enter liquidation Sears Canada Inc.'s top executive is making a last-ditch attempt to avoid the company's liquidation after a court-appointed monitor proposed asset sales that undercut his pending bid to keep some stores in business. The Sears Canada pension is now underfunded. He said they are not opposed to a proposal to buy the company as a going concern, but the delays in the process leaves pensioners "bearin... [Full Article...]

Paychex, Inc. (PAYX) - Citigroup Maintains Rating And Raises Price Target

Paychex, Inc. (PAYX) - Citigroup Maintains Rating And Raises Price Target About 366,120 shares traded. Paychex, Inc . (NASDAQ: PAYX ) has risen 11.22% since October 4, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Alphamark Advisors Limited Liability Com accumulated 0% or 78 shares. "( PAYX ) Shares Sold by Capital Guardian Trust Co." was reported by Week Herald and is owned by of Week Herald. [Full Article...]

SPDR S&P Global Dividend ETF (WDIV) Rises 0.12% for Oct 4

SPDR S&P Global Dividend ETF (WDIV) Rises 0.12% for Oct 4 Maybe there are a few stocks that have outperformed expectations by a large margin. Some investors may be struggling after adding the wrong stocks to the portfolio. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, an RSI near 0 may signal weaker momentum. [Full Article...]

Is Digital Realty Trust, Inc. (NYSE:DLR) a Long Term Growth Play?

Cowen & Co upgraded the stock to "Outperform" rating in Monday, June 12 report. Sun Life Financial INC boosted its stake in Digital Realty Trust by 12,844.4% in the 2nd quarter. The Rockshelter Capital Management Llc holds 263,285 shares with $2.05 million value , up from 78,076 last quarter. Brokerage houses, on average, are recommending investors to hold Retail Opportunity Investments Corp. [Full Article...]

Which Insiders Are Selling Schlumberger Limited (SLB)?

About shares traded. ABM Industries, Inc. Investors bought shares of Schlumberger N.V. (NYSE: SLB ) on weakness during trading hours on Monday. It has underperformed by 20.00% the S&P500. The rating was initiated by Suntrust Robinson with "Hold" on Wednesday, January 18. The legal version of this report can be read at https://baseballnewssource.com/markets/schlumberger-n-v-slb-earns-buy-rating-f... [Full Article...]

SBI Life shares close up 1.1% at Rs708 on market debut

SBI Life shares close up 1.1% at Rs708 on market debut SBI Life Insurance Company made a stellar debut on the stock markets by getting listed at Rs 735, a 5 percent premium against its initial public offer ( IPO ) price of Rs 700 per share on the National Stock Exchange (NSE). As of 30 June, SBI Life had a portfolio of 37 individual and group products, including a range of protection and savings products to address the insurance needs of diverse cust... [Full Article...]

Oil prices ease as speculators grow impatient

Oil prices ease as speculators grow impatient Oil prices fell Tuesday for a second-straight session, as traders awaited weekly data on U.S petroleum supplies. Global benchmark Brent crude for December delivery was down 23 cents, or 0.4 percent, at $56.56 a barrel. Harvey knocked out almost a quarter of the nation's oil refining capacity along the Texas Gulf Coast, creating multiple weeks of crude inventory increases as refineries process... [Full Article...]

Stock to Watch For: Bank of America Corporation (BAC)

Stock to Watch For: Bank of America Corporation (BAC) Following the sale, the director now owns 50,000 shares of the company's stock, valued at $1,208,000. The institutional investor held 293,606 shares of the major banks company at the end of 2017Q2, valued at $7.12 million, up from 280,540 at the end of the previous reported quarter. [Full Article...]

Oracle announces new cloud products, claims fastest cloud processing

Oracle announces new cloud products, claims fastest cloud processing Oracle's executive chairman Larry Ellison has hailed machine learning as the future of cybersecurity, saying the future lies with purpose-built machine learning that eliminates data scientists from the equation. "By applying natural language search and deep learning technologies to resumes and job postings, human resource professionals are able to find and source the best candidates", he said a... [Full Article...]


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