Business

FCC to vote on easing media rules that protect diverse local voices

FCC to vote on easing media rules that protect diverse local voices The FCC in 1975 banned cross-ownership of a newspaper and broadcast station in the same market, unless it granted a waiver, to ensure a diversity of opinions. The National Association of Broadcasters said it backs Pai's plan, noting that policymakers have approved numerous "mega-mergers" among phone, cable and satellite programmers "while at the same time blocking broadcast/newspaper or radio/... [Full Article...]

Offshore law firm braces for Panama Papers-style exposé

Offshore law firm braces for Panama Papers-style exposé Law firm Appleby has suffered a serious "data security incident" that may lead to customers' private information being leaked, British newspaper The Telegraph reports. News broke Tuesday night that client data was stolen from offshore law firm Appleby in a cyberattack, and as the firm deals with the consequences of the breach, cybersecurity experts say Appleby is not alone - most law firms... [Full Article...]

Hot Stock Overview: JPMorgan Chase & Co. (JPM)

Hot Stock Overview: JPMorgan Chase & Co. (JPM) Monitoring the technical signals for JP Morgan Chase & Co (JPM), we have recently viewed the Percentage Price Oscillator Histogram line above zero. 0 analysts gave its stock an Outperform rating. Among 36 analysts covering Expedia Inc. It has a 14.48 P/E ratio. During the same period in the previous year, the company posted $1.58 EPS. Cornerstone Advsrs Inc has 374 shares for 0.03% of their portfo... [Full Article...]

Crude oil prices buoyant as stocks fall

Analysts and traders surveyed by The Wall Street Journal expect stockpiles of crude oil to have decreased by 2.2 million barrels, on average, in the week ended October 20. However, the oil prices were capped as the Saudi energy minister said on Tuesday that the oil exporter's focus remained on reducing oil stocks to their five-year average and raised the prospect of prolonged output restraint once... [Full Article...]

Home Sales Shoot Up in September

Home Sales Shoot Up in September This is 18.9% above the revised August rate of 561,000 and is 17.0% above the September 2016 estimate of 570,000. Economists polled by Reuters had forecast new home sales, which account for 11% of overall home sales, to fall 0.9% to a pace of 555,000 units last month. [Full Article...]

Deutsche Bank in $220 mn Libor settlement with USA states

Deutsche Bank in $220 mn Libor settlement with USA states The states' investigation found that the German bank's false rate submissions inflated borrowing costs linked to the London and USA dollar interbank offered rates, which are used to value trillions of dollars of securities and loans, New York Attorney General Eric Schneiderman said Wednesday in a statement. [Full Article...]

Hot Stock for Investors: Intel Corporation

Hot Stock for Investors: Intel Corporation About shares traded. Heico Corp (NYSE:HEI) has risen 45.08% since October 25, 2016 and is uptrending. Portola Pharmaceuticals Inc (NASDAQ:PTLA) has risen 51.17% since October 24, 2016 and is uptrending. Concorde Asset Mngmt Ltd Co holds 0.99% in Heico Corp (NYSE:HEI) or 10,219 shares. Fred Alger Mgmt accumulated 710,702 shares. Ameriprise Finance Inc has invested 0% of its portfolio in CBIZ, Inc. [Full Article...]

Tesla restores power in Puerto Rico with energy technology

Tesla restores power in Puerto Rico with energy technology Rossello quickly jumped in on the Twitter discussion and invited Musk to talk about making the island a flagship project for Tesla . Tesla isn't the only tech company trying to help Puerto Rico; Google's parent company, Alphabet, has deployed balloons from its Project Loon to the territory, to help parts of the island reconnect after much of its phone system went down. [Full Article...]

Focused Investors LLC Sells 22300 Shares of Time Warner Inc. (TWX)

About 2.44M shares traded. Moab Capital Partners Llc acquired 35,100 shares as Time Warner Inc (TWX)'s stock rose 1.19%. It has outperformed by 19.67% the S&P500. Two analysts have rated the stock with a sell rating, twenty-two have given a hold rating and five have assigned a buy rating to the company's stock. [Full Article...]

United Continental Holdings' (UAL) "Neutral" Rating Reaffirmed at Atlantic Securities

It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. Among 21 analysts covering Boeing ( NYSE:BA ), 12 have Buy rating, 1 Sell and 8 Hold. 9,971 United Continental Holdings Inc (NYSE: UAL ) shares with value of $786,342 were sold by Bonds Michael P. Evercore has "In-Line" rating and $75 target. [Full Article...]

Trending Stocks in Review: Comcast Corporation (CMCSA), Corning Inc. (GLW)

Parkwood Ltd Limited Liability Company owns 18,360 shares for 0.02% of their portfolio. Also, SVP Daniel C. Murdock sold 3,659 shares of Comcast Corporation stock in a transaction that occurred on Monday, August 7th. The company was maintained on Friday, September 8 by Morgan Stanley. The firm earned "Neutral" rating on Tuesday, June 20 by Moffett Nathanson. The rating was downgraded by Axiom Capi... [Full Article...]

Featured Stock Overview: Freeport-McMoRan Inc. (FCX)

Featured Stock Overview: Freeport-McMoRan Inc. (FCX) Over a month, it has seen its stock price volatility to stay at 2.01% while shortening the period to a week, volatility was 2.56%. The stock is performing 19.79% year to date . Oil & Gas Operations. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Therefore 30% are positive. Moreover, Creative Planning has 0.02% invested in Freeport-McMoRan Inc (NYSE: FCX ). [Full Article...]

TRI Pointe Group, Inc. (NASDAQ:TPH) To Release Earnings

The Weekly and Monthly Volatility stands at 2.24% and 1.89%. The number of shares now owned by investors are 89.25 mln. The company was downgraded on Tuesday, July 11 by Barclays Capital. If you are accessing this report on another website, it was copied illegally and republished in violation of USA and worldwide copyright and trademark law. [Full Article...]

Beaufort Securities Reiterates Buy Rating for GlaxoSmithKline plc (GSK)

The pharmaceutical company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.02. The firm had revenue of GBX 784.30 billion during the quarter. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company's stock. [Full Article...]

Investor Watchlist: Marathon Petroleum Corporation (NYSE:MPC) Shares Under The Lens

Investor Watchlist: Marathon Petroleum Corporation (NYSE:MPC) Shares Under The Lens Amer Finance Gp Inc invested in 198,000 shares or 0.22% of the stock. 170,479 shares of the company traded hands. It has underperformed by 32.41% the S&P500. Since May 17, 2017, it had 0 buys, and 1 insider sale for $24,776 activity. Alternately, if the indicator goes below -80, this may point to the stock being oversold. [Full Article...]

Uber rides into credit card market with no-fee card

Uber rides into credit card market with no-fee card You probably weren't expecting Uber to enter into the credit card business, but now it has. "Credit card companies have digital redemption and instant credit already", says Denny Nealon, managing director of USA partnerships at Barclaycard US, "but we're embedding it in the Uber app which they are already using and comfortable with". [Full Article...]

Bank of Canada maintains overnight rate target at 1 per cent

Bank of Canada maintains overnight rate target at 1 per cent In its quarterly Monetary Policy Report , the central bank said economic activity is forecast to remain close to full capacity and "at times modestly above" depending on how the supply side of the economy evolves. It added that policy makers would analyze incoming data to assess the household sector's sensitivity to higher rates, and the dynamics underlining wage growth and inflation. [Full Article...]

Walgreens Boots Alliance reports above-forecast fourth quarter profit and revenue

MCF Advisors LLC grew its stake in shares of Walgreens Boots Alliance by 68.2% during the 1st quarter. Equities research analysts anticipate that Walgreens Boots Alliance Inc . The legal version of this story can be viewed at https://www.truebluetribune.com/2017/10/25/walgreens-boots-alliance-inc-wba-given-a-94-00-price-target-at-mizuho.html. [Full Article...]

Banks Likely to Keep EU Access During Transition, UK Says

Banks Likely to Keep EU Access During Transition, UK Says Mr Davis suggested some European Union member states had "really serious investment" in the United Kingdom, with the absence of a Brexit trade deal set to impact their economies by 3-4%. Britain's Brexit minister says he expects negotiations with the European Union won't end until the last moment before the United Kingdom officially leaves the bloc in March 2019. [Full Article...]

NXP Semiconductors NV (NXPI) Scheduled to Post Earnings on Wednesday

They expect $1.49 EPS, up 26.85% or $0.4 from last year's $1.09 per share. Nxp Semiconductors N V (Call) now has $40.26B valuation. The stock rose 0.01% or $0.01 reaching $115.89 per share. Prelude Cap Mngmt Lc accumulated 1,300 shares. (NASDAQ:ANSS) for 331,081 shares. Amer Grp Inc holds 1.9% or 17.01M shares. Twin Tree LP holds 0.02% or 77,777 shares. [Full Article...]


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