Economy
Airbus warns of 3700 jobs at risk
Both the A380 superjumbo and A400M have been enduring tough times for years as the dominance of Boeing and Airbus is challenged by Asian entrants and customers demand greater efficiencies. It believes it will be able to "propose opportunities" to "most" of the affected workforce, focused on other programmes which are undergoing a ramp-up. [Full Article...]
Parkland parents urge lawmakers to go forward with school safety reforms
The 20-18 vote came after almost non-stop advocacy from students, teachers and parents, including survivors from Marjory Stoneman Douglas High School in Parkland who demanded that lawmakers take action before the legislative session ends Friday. [Full Article...]
A Few Positives and Negatives for Wells Fargo & Company
Stelac Advisory Services LLC purchased a new stake in Wells Fargo & Co during the second quarter valued at $104,000. Wells Fargo & Company ( WFC ) ended its previous trading session at $57.59 with the Gain of 0.31%. Teachers Insur & Annuity Association Of America has 0.14% invested in Tronox Limited (NYSE:TROX) for 248,690 shares. The company was upgraded on Wednesday, January 3 by Bernstein. [Full Article...]
The Weight Watchers International (WTW) Given Daily News Impact Rating of 0.20
It has outperformed by 83.38% the S&P500. Cooke & Bieler Lp increased its stake in Cohu (COHU) by 56.78% based on its latest 2017Q3 regulatory filing with the SEC. On Tuesday, May 24 the stock rating was initiated by Sidoti with "Buy". In all, the changes amount to almost one-quarter of her holdings, according to a securities filing Tuesday. [Full Article...]
BT Group (BT.A) Stock Rating Reaffirmed by Numis Securities
About 1.30 million shares traded. HRG Group, Inc. (NYSE:HRG) has risen 28.87% since March 7, 2017 and is uptrending. It has outperformed by 41.94% the S&P500. Fernwood Management Ltd Liability has invested 0.04% of its portfolio in Ashtead Group plc (LON:AHT). Nationwide Fund has 85,083 shares for 0.04% of their portfolio. [Full Article...]
Ross Stores (ROST) Earns Hold Rating from Jefferies Group
This is a positive change from Ross Stores's previous quarterly dividend of $0.16. The stock increased 0.41% or $0.19 during the last trading session, reaching $45.44. Ny State Common Retirement Fund owns 0.13% invested in Ross Stores, Inc. 570 were reported by Cornerstone Advisors. Lpl Fincl Ltd Limited Liability Company holds 0% in Ross Stores, Inc. [Full Article...]
Tysoe Sells 5873 Shares of Scripps Networks Interactive, Inc
Johnson & Johnson Com now has $344.75B valuation. Trading volume, or volume, is the number of shares or contracts that point towards the full activity of a security or stock market for a given period. Point72 Asia (Hong Kong) Limited holds 0.03% or 553 shares. Investors sentiment increased to 1.09 in Q3 2017. It fall, as 97 investors sold SNI shares while 186 reduced holdings. [Full Article...]
Dollar Tree, Inc. (NASDAQ:DLTR) To Report Earnings
The fund owned 14,337,696 shares of the company's stock after purchasing an additional 142,633 shares during the quarter. Total shares held by institutions as of the most recent company filings are 127,500,602 with a reported 9,664,725 bought and 7,364,219 sold. [Full Article...]
ADP February jobs estimate above expectations, with gains in most sectors
Medium-sized businesses with 50-499 employees created 97,000, while large businesses added 70,000 jobs. Service-providing employment rose by 198,000 jobs, driven by the leisure and hospitality sector which added 50,000. While U.S. steel and aluminum manufacturers might add between 10,000 and 15,000 jobs at the most, downstream businesses that depend on those products could shed between 50,000 an... [Full Article...]
Rolls-Royce shares soar as full-year profit beats expectations
Rolls boss Warren East said it was too early to say how many jobs will be affected, but confirmed the shake-up will see it cut out duplicate roles in its support and management functions. Mr East said: "We are being transparent with our customers, we're being transparent with the market". Shares of Rolls-Royce Holding PLC (LON:RR) have received an average rating of "Hold" from the ten research ... [Full Article...]
Amazon offers discount Prime membership to Medicaid recipients
The online retail giant said Wednesday that it will extend its $5.99 monthly Prime membership to the roughly 20% of the USA population that is signed up for Medicaid. It comes on the heels of discounts introduced in June for shoppers on some forms of government assistance who use and Electronic Benefits Transfer card, an sizable part of Walmart's clientele. [Full Article...]
McDonald's premieres new fresh beef Quarter Pounder
The fresh beef burger is juicier and has more depth of flavor, giving McDonald's a distinct leg up on the competition . A Wendy's representative on Tuesday gave a frosty response, saying that "it's awesome" that McDonald's "is recommitting to using frozen beef on the majority of its hamburgers". [Full Article...]
House price growth plunges to five-year low - Halifax
House prices increased 1.8% year-on-year in the three months to February, slower than the 2.2% rise registered in January. HOUSE prices are growing at the slowest rate for five year, according to Halifax. Notably, this is nearly entirely accounted for by full-time jobs.The strength of the jobs market may finally be benefitting wage growth, with the annual growth rate accelerating from 2.3% in No... [Full Article...]
Victory Capital Management Inc. Lowers Stake in Freeport-McMoRan Inc (FCX)
The stock increased 2.64% or $0.48 during the last trading session, reaching $18.67. A total of 6,685,407 shares exchanged hands during the intra-day trade contrast with its average trading volume of 21.16M shares, while its relative volume stands at 0.66. [Full Article...]
Heritage Trust Co Has $571000 Holdings in Bed Bath & Beyond Inc. (BBBY)
The hedge fund run by John Griffin held 3.94 million shares of the miscellaneous company at the end of 2017Q3, valued at $248.74M, up from 3.90M at the end of the previous reported quarter. 52,089 were reported by Geode Cap Mngmt. (NYSE:T). Cahill Financial has invested 0.26% of its portfolio in AT&T Inc. Millennium Mngmt Ltd Company holds 0% of its portfolio in Bed Bath & Beyond Inc. [Full Article...]
Coca-Cola to produce its first alcoholic drink
The company has a quick ratio of 1.25, a current ratio of 1.34 and a debt-to-equity ratio of 1.64. The stock increased 1.49% or $2.78 during the last trading session, reaching $188.78. The New Mexico-based Hanseatic Management Services Inc has invested 0.23% in the stock. Canada Pension Plan Investment Board lifted its holdings in The Coca-Cola by 69.6% in the third quarter. [Full Article...]
Sweeney: Tax companies that got federal windfall to fund schools
Around 42,000 corporations that earn less than $1 million wouldn't pay more in taxes, and the change wouldn't affect S corporations or partnerships. The Democrat says the legislation would "recapture" some of that "corporate windfall" to fund state programs. In all, Sweeney is suggesting $758 million in changes to school funding - $431 for special education aid that would go to all school dist... [Full Article...]
Oil Prices Higher Ahead of OPEC Meeting
EIA projects that US Gulf of Mexico production, from both shallow- and deepwater projects, will average 1.70 million b/d in first-quarter 2018 and peak during Q2 2019 at 1.82 million b/d. One topic that could be on the table is how best to manage rising US production to prevent a return of the oil glut that caused prices to fall rapidly in 2015 and 2016. [Full Article...]
Shape Of Water wins big at Oscars on activism-fuelled night
The 2018 Academy Awards attracted 16% less viewers than last year's ceremony, with the lowest ever record Nielsen rating. The event built on the socially conscious tone of its past few years with themes of female empowerment and activism, but lacked any shocking moments like 2017's best picture mix-up. [Full Article...]
S/African economy ends 2017 on strong footing
Statistics South Africa announced earlier on Tuesday the economy grew by 3.1% in the fourth quarter of 2017. This signals that the country's economy is poised for a recovery. However, mining and quarrying decreased by 4.4%, Stats SA said, and in quarter four nominal GDP was estimated at R1,208 billion which is R29 billion (1 United States dollars =1 Rand ) more than in the third quarter. [Full Article...]