Economy

Broad-Based Advance In US Retail Sales Shows Solid Spending

Broad-Based Advance In US Retail Sales Shows Solid Spending Americans spent more freely in July and upward revisions to sales in the prior two months show strong hiring, limited inflation and low borrowing costs are improving purchasing power. Year-over-year growth was up 4 percent on a three-month moving average. Economists polled by Reuters expect the Selic rate to end the year at 8 percent from the current 9.25 percent. [Full Article...]

Cone Midstream Partners LP

Cone Midstream Partners LP Magellan Midstream Partners L now has $15.39B valuation. Obtaining the proper knowledge about stocks and the investing world is typically a main goal for active traders and investors. Architects invested in 0% or 250 shares. Moreover, Jane Street Grp Ltd Llc has 0% invested in Magellan Midstream Partners, L.P. (NYSE: MMP ). Tortoise Capital Advisors L.L.C. [Full Article...]

The Dick's Sporting Goods (DKS) Earning Somewhat Positive Media Coverage, Study Finds

The Dick's Sporting Goods (DKS) Earning Somewhat Positive Media Coverage, Study Finds James Investment Research Inc. now owns 2,933 shares of the sporting goods retailer's stock valued at $143,000 after buying an additional 200 shares during the last quarter. Oregon Public Employees Retirement Fund reported 77,367 shares stake. Dick's Sporting Goods (NYSE: DKS ) last posted its earnings results on Tuesday, May 16th. [Full Article...]

Shonda Rhimes Is Leaving ABC for Netflix-but TGIT "Remains Intact"

Shonda Rhimes Is Leaving ABC for Netflix-but TGIT The creator of ABC series like Scandal and Grey's Anatomy has inked a deal to create content for the subscription-based streaming service. The deal signals Rhimes' departure from ABC Studios after 15 years with the broadcaster. And of course, the Shondaland library of shows will continue to be available on Netflix . The movie streaming service has been aggressive lately. [Full Article...]

Man arrested for allegedly planning to blow up Oklahoma City bank

Man arrested for allegedly planning to blow up Oklahoma City bank The man was reportedly trying to detonate a fake bomb outside of a bank in Oklahoma City, the Post reported , citing a criminal complaint filed in federal court. "I'm out for blood", Mr. Varnell wrote in one text message to a confidential informant who cooperated with the authorities, according to the affidavit, which was written by an F.B.I. [Full Article...]

Shore Capital Reiterates "Sell" Rating for Intertek Group plc (ITRK)

Shore Capital Reiterates Deutsche Bank AG cut their target price on Barclays PLC from GBX 267 ($3.48) to GBX 250 ($3.26) and set a buy rating on the stock in a research report on Friday, April 21st. The stock increased 3.41% or $0.27 on August 11, reaching $8.18. Its up 0.47% from 6.36M shares previously. State Of Wisconsin Board reported 128,439 shares. [Full Article...]

Tech companies lead broad slide in United States stocks; oil rises

Tech companies lead broad slide in United States stocks; oil rises The CBOE Volatility Index, a barometer of expected near-term stock market volatility, closed at its highest since the US presidential election on Thursday, but was down 1.22 points at 14.82 points on Friday. The U.S. dollar fell to 110.48 yen from 110.72 yen late Monday. These have ranged from an investigation into Russia's possible interference in the 2016 USA presidential election, to concern ... [Full Article...]

Yen, Swiss Franc Surpass Dollar

Yen, Swiss Franc Surpass Dollar Pacific territory of Guam , gave investors further incentive to take to the sidelines at least in stock markets . Britain's FTSE 100 was down 1.1 percent. The index closed at its highest level since November 8, when Trump was elected president. Meanwhile, gold demand in India remained sluggish this week as local prices jumped to their highest level in almost three months and a rally in globa... [Full Article...]

Early Tesla Investor Says Model 3 "Drives like a Porsche"

Early Tesla Investor Says Model 3 Although the new gear includes a secondary node to enable more computing power, a spokesperson says 2.5 is really about adding "computing and wiring redundancy" that "very slightly" boosts reliability, Engadget said . Now it appears that at least some of these vehicles won't have all the "hardware needed", and will need to be taken to Tesla service centers for upgrades. [Full Article...]

Yadav loses his job as JD(U) leader in the Rajya Sabha

Yadav loses his job as JD(U) leader in the Rajya Sabha The relations between Nitish Kumar and Sharad Yadav started deteriorating after the JD (U) chief chose to leave the Bihar grand alliance with RJD and Congress to join forces with BJP in forming the government in the state as RJD Chief Lalu Yadav and his family members, including former Bihar Deputy Chief Minister Tejashwi Yadav, faced corruption charges. [Full Article...]

London Wants 'Smooth' Trade With EU for Post-Brexit Transition Period

London Wants 'Smooth' Trade With EU for Post-Brexit Transition Period In a joint article for the Sunday Telegraph , they agreed that while a period of transition would be needed after 2019 to prevent a damaging "cliff-edge" break with the EU, it would be "time limited" and would mean pulling out of both the single market and the customs union. [Full Article...]

Dow falls more than 100 points as North Korea tensions linger

Dow falls more than 100 points as North Korea tensions linger DJI closed down 204.69 points, or 0.93 per cent, at 21,844.01, the S&P 500 . SPX lost 35.81 points, or 1.45 per cent, to end the session at 2,438.21 and the Nasdaq Composite . crude added 39 cents to settle at $49.56 a barrel on the New York Mercantile Exchange. "The market has been looking for an excuse to sell off and North Korea and the president gave the market that excuse", said Dav... [Full Article...]

North Korea nerves rattle world stocks, lift gold, yen

Some 40 of the stocks in the index had fallen, with seven unchanged and just three up. North Korea said it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S. Meantime, on the commodity front oil prices fell 2 per cent while gold has maintained its two month high. Netflix lost 1.5 percent. The dollar was testing the 109 yen barrier in morning fo... [Full Article...]

City approach for Busquets?

City approach for Busquets? However, the Brazilian blew hot and cold last season, and with Fernando joining Galatasaray , the Manchester City boss has a spot open in his squad. The Brazil star was a crucial first team player and his departure has handed Barca the unenviable task of trying to replace him, and if Busquets were to leave too, that would be hugely detrimental to the team. [Full Article...]

Healthcare Realty Trust Incorpo (NYSE:HR) Experiences Heavier than Usual Trading Volume

Healthcare Realty Trust Incorpo (NYSE:HR) Experiences Heavier than Usual Trading Volume Also, EVP Robert E. Hull sold 1,744 shares of the company's stock in a transaction on Monday, May 15th. The Sumitomo Mitsui Trust Holdings Inc holds 116,355 shares with $3.53M value, up from 82,900 last quarter. The company also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Monday, July 3rd were given a $0.23 dividend. [Full Article...]

Sumburgh Airport rated 'good' for passengers with disabilities

Sumburgh Airport rated 'good' for passengers with disabilities The CAA says its framework, the first of its kind in Europe, was introduced to ensure there is a consistent and high-quality service for disabled passengers across United Kingdom airports. "Unfortunately, substantive issues still exist with the quality of the assistance service provided at Heathrow", said the report. Inverness Airport customer focus manager Callum Smith said: "In the past year w... [Full Article...]

Applebee's to close up to 135 locations

Applebee's to close up to 135 locations Joyce was the former CEO of Choice Hotels. The company said that IHOP will add between 80 and 95 restaurants, the majority of which are expected to open in the U.S. The original version of this news story can be viewed at https://www.themarketsdaily.com/2017/08/11/zacks-brokerages-anticipate-dineequity-inc-din-will-post-quarterly-sales-of-156-40-million.html. [Full Article...]

Wall Street falls as investors flee risk on N. Korea concerns

Wall Street falls as investors flee risk on N. Korea concerns Pacific territory of Guam, which has a large USA military base. Politics also lifted US defense stocks. Asian stocks turned lower on Thursday as investors fretted about the latest flare-up of tensions between the USA and North Korea , sending Seoul shares skidding to two-month lows even as the previous day's rush into safe-haven assets appeared to slow. [Full Article...]

BC government seeks intervener status on Trans Mountain expansion

BC government seeks intervener status on Trans Mountain expansion The project will also add approximately 980 kilometres of new pipeline and reactivate 193 kilometres of existing pipeline. "It still remains to be seen what the British Columbia government can actually do to stop, or materially delay, the project and how the B.C. [Full Article...]

Trump's 'fire and fury' N Korea warning flusters Wall St

Trump's 'fire and fury' N Korea warning flusters Wall St The Dow Jones industrial average lost 204 points, or 0.9 percent, to 21,844. The influential financial stocks were among the biggest drags on the index, with Royal Bank of Canada down 1.0 percent to C$93.36, and Manulife Financial Corp falling 2.8 percent to C$24.93. [Full Article...]


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