Economy

US weekly jobless claims total 221000, vs 232000 expected

US weekly jobless claims total 221000, vs 232000 expected Jobless claims dropped to 216,000 in mid-January - the lowest level since January 1973. Applications for jobless benefits below the 300,000 mark are considered consistent with a healthy labor market. The Bank of England lifted its forecasts for economic growth and suggested it may need to raise interest rates faster than previously indicated. Economists surveyed by The Wall Street Journal expected... [Full Article...]

Musk's Big Questions: Can Tesla Make Model 3s and Burn Less Cash?

Musk's Big Questions: Can Tesla Make Model 3s and Burn Less Cash? But an automotive gross margin below management's guidance was expected since Tesla delayed its Model 3 production targets after its third-quarter shareholder letter was published. How far? Well, we can't say "nobody knows", but it's definitely not somebody who has the liberty to say anything about it. Let's just wait and see what the new update brings and see where it goes from there. [Full Article...]

Markets shaken by speed of falls on Wall Street

Markets shaken by speed of falls on Wall Street Or this tweet from last summer: " Stock Market could hit all-time high (again) 22,000 today". "We had an extreme sell-off followed by an extreme bounce", said "It was a massive reversal: almost 1,000 points on the Dow is mind-bending". As investors can get better rates of return on bonds, they pull money out of stocks. Consumer and business confidence are near record levels. Global markets ... [Full Article...]

Stocks gyrate to set volatility bets on wild ride

Stocks gyrate to set volatility bets on wild ride Louis President James Bullard on Tuesday called "the most predicted selloff of all time". U.S. Treasury prices fell before the Treasury Department was due to auction new 10-year notes. On Wednesday, the U.S. Senate reached a two-year bipartisan budget deal worth around $300 billion in an attempt to end the kind of squabbling over fiscal issues that has plagued Washington for years. [Full Article...]

Almost all councils in England plan to raise council tax

Almost all councils in England plan to raise council tax The latest State of Local Government Finance Survey - released by the LGiU and MJ - suggests that economic uncertainty is rife among councils, with 95% of authorities across the country preparing to raise taxes in the coming year. Reduced funding from central government combined with increased complexity and demand for services, especially social care, has driven around 25% of councils to cut ... [Full Article...]

Ben & Jerry's New Ice Cream Is Basically Just Halo Top

Ben & Jerry's New Ice Cream Is Basically Just Halo Top Ben & Jerry's says the new ice creams have "no erythritol, sugar alcohols, or sugar substitute and we also sourced organic dairy for this new innovation". The biggest difference for Ben & Jerry's fans might be that these new pints also don't have the denser consistency and slightly icier flavor associated with the brand's frozen yogurt offerings, which now come in a variety of well-known B&J's fla... [Full Article...]

Casino Mogul Steve Wynn To Step Down

Casino Mogul Steve Wynn To Step Down News of the allegations made against Steve Wynn first broke at the end of last month after the Wall Street Journal printed a story citing dozens of sexual assault claims against the billionaire. As the "MeToo" movement galvanises women to publicly air their experiences, Wynn's decision represents a rare resignation by a head of a major listed company in the wake of such accusations. [Full Article...]

Rowan Companies (RDC) Stock Rating Lowered by Barclays

It has underperformed by 33.20% the S&P500. It was reported on Feb, 7 by Barchart.com . The firm earned "Buy" rating on Friday, November 3 by Piper Jaffray. The firm has "Hold" rating given on Monday, April 24 by Credit Suisse. Finally, Cowen and Company reissued a "hold" rating and set a $15.00 target price on shares of Rowan Companies PLC in a research report on Thursday, August 3rd. [Full Article...]

Baldwin Brothers Inc. MA Trims Holdings in Adobe Systems Incorporated (NASDAQ:ADBE)

Karpus Management Inc who had been investing in Mfs Inter Income Tr for a number of months, seems to be less bullish one the $469.76 million market cap company. The firm has "Buy" rating by Credit Suisse given on Tuesday, January 23. On Wednesday, September 21 the stock rating was maintained by Morgan Stanley with "Equal-Weight". [Full Article...]

NetScout Systems (NASDAQ:NTCT) Price Target Cut to $27.00

The shares now trade at $47.65 and have been able to report a change of -12.23% over the past one week. Ducommun Incorporated (NYSE:DCO) has risen 80.38% since February 8, 2017 and is uptrending. Ubs Asset Mngmt Americas Inc has 1.21 million shares for 0.06% of their portfolio. Now we move forward to see the historical returns of Cisco Systems, Inc . [Full Article...]

Spirit passenger flushes pet hamster down toilet after misinformation, report says

Spirit passenger flushes pet hamster down toilet after misinformation, report says The student called Spirit Airlines twice before heading to the airport with her emotional support pet - but despite her confirmation from the airline, Pebbles wasn't allowed on the flight. I was emotional. I was crying. "I sat there for a good ten minutes crying in the stall". 'I was scared. It was horrifying trying to put her in the toilet. [Full Article...]

Sempra Energy (SRE) Holdings Increased by State of Alaska Department of Revenue

It opened the session with a $105.52 price tag, later ranging from $103.935 to $107.11, the range at which the stock has traded at throughout the day. Legal & General Group Incorporated Public Ltd holds 820,678 shares or 0.11% of its portfolio. State Of Wisconsin Invest Board stated it has 362,143 shares. [Full Article...]

Marsh & McLennan Companies, Inc. (MMC)- Stocks Getting Investors Vote of Confidence

The firm has "Buy" rating by Seaport Global Securities given on Tuesday, February 7. Finally, Deutsche Bank restated a "buy" rating on shares of XPO Logistics in a report on Thursday, December 28th. Its down 0.39, from 1.57 in 2017Q2. It improved, as 28 investors sold XPO shares while 76 reduced holdings. A number of hedge funds and other institutional investors have recently made changes to t... [Full Article...]

Rathbone Brothers plc Sells 5698 Shares of Mondelez International Inc (NASDAQ:MDLZ)

Brown Brothers Harriman & accumulated 18,141 shares. COPYRIGHT VIOLATION WARNING: "YHB Investment Advisors Inc". It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. [Full Article...]

Watch Spacex's Tesla Roadster Exploring Space in This Livecam

Watch Spacex's Tesla Roadster Exploring Space in This Livecam As per the company's statement, Space X, the Falcon heavy is the most powerful rocket launched ever and is a step forward to the company's mission to send people in Mars . And two of the Falcon Heavy rockets completed a vertical landing as they returned safely to Earth . The centre booster unfortunately did not survive its landing after only one of its three landing burn sequences fi... [Full Article...]

The Teva Pharmaceutical Industries Limited (TEVA) Receives News Sentiment Rating of 0.21

The Teva Pharmaceutical Industries Limited (TEVA) Receives News Sentiment Rating of 0.21 According to today's trading volume Teva Pharmaceutical Industries Limited is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. About 18.24 million shares traded or 183.61% up from the average. Investors sentiment increased to 1.17 in Q3 2017. Its down 0.18, from 1.33 in 2017Q2. [Full Article...]

Microchip Technology Incorporated (NASDAQ:MCHP) Chalking Up Volume in Session

The stock decreased 9.80% or $9.01 during the last trading session, reaching $82.91. About 5.11 million shares traded or 138.07% up from the average. Wall Street analysts are still seeing some upside to Microchip Technology Incorporated (NASDAQ: MCHP ) despite the recent move. [Full Article...]

Southwest Airlines Jan Traffic, Capacity, Load Factor Rise

Vident Investment Advisory Llc who had been investing in Corning Inc for a number of months, seems to be less bullish one the $25.29B market cap company. (NYSE:LUV). Bnp Paribas Arbitrage Sa invested 0.06% of its portfolio in Southwest Airlines Co. About 4.47M shares traded. Meanwhile, during the same quarter Southwest Airlines Co. [Full Article...]

PepsiCo, Inc. (PEP) Raises Eyebrows With New "Women-Only" Snack Concept

PepsiCo, Inc. (PEP) Raises Eyebrows With New In a recent interview with Freakonomics radio . Time reported that PepsiCo CEO Indra Nooyi was on WNYC's "Freakanomics" podcast January 31 and said that the company was looking at creating a version of the chips geared toward women. While the company seems to be sending contradictory messages about whether or not it will release a new low crunch women-friendly chip, the Internet seems to be... [Full Article...]

Traders Buy Large Volume of Call Options on Zions Bancorp (NASDAQ:ZION)

About 89,782 shares traded. Zions Bancorp's dividend payout ratio is presently 24.43%. It has outperformed by 32.15% the S&P500. Hillman Co increased its stake in Facebook Inc (FB) by 1.97% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]


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