Economy

Why Synchronoss Shares Are Getting Crushed

Wells Fargo And Communication Mn holds 0% or 283,528 shares. Invesco Ltd invested 0% in Synchronoss Technologies, Inc . (NASDAQ: SNCR ) for 10,700 shares. It has underperformed by 77.41% the S&P500.The move comes after 5 months negative chart setup for the $472.07M company. The company, later on, announced plans to divest a portion of the business to Sequential Technology International in a deal ... [Full Article...]

NVIDIA Corporation (NVDA): What's the Story?

NVIDIA Corporation (NVDA): What's the Story? Over the last quarter, shares have performed 19.22%. Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 7.80 as compared to its debt to equity ratio stands at 0.35. Investors sentiment decreased to 0.81 in 2016 Q4. Its up 0.21, from 1 in 2016Q3. Finally, BidaskClub raised shares of NVIDIA Corporation from a "buy" rating to a "strong-buy" rat... [Full Article...]

Frontier Airlines will offer nonstop flight from Omaha to Fort Myers

Frontier Airlines will offer nonstop flight from Omaha to Fort Myers Frontier Airlines has not operated out of Spokane for a few years after pulling out to focus on other routes in early 2015. All of the flights will be on Airbus A320 aircraft. The carrier is suspending seasonal service to Chicago, San Francisco and Washington, D.C., on October 31-Nov. 1. "Frontier's news today takes SJC to a new flight level as the addition of nonstop service to three more citie... [Full Article...]

Uber reviews India, Asia business over bribery allegations in US

Uber reviews India, Asia business over bribery allegations in US The company is examining records of foreign payments and interviewing employees, which raised questions as to why some "potentially problematic" deals were not revealed sooner. The transactions showed up on the employee's expense reports as payments to local authorities. Around the same time, Retirement Fund Incorporated (KWAP) supposedly invested US$30 million in Uber, said people familiar with... [Full Article...]

Lexington Realty Trust (LXP) Stake Lifted by BNP Paribas Arbitrage SA

Navellier & Associates Inc increased Fabrinet (NYSE:FN) stake by 16,338 shares to 45,838 valued at $1.85M in 2016Q4. Rothschild Asset Management Inc acquired 4,569 shares as Vail Resorts Inc (MTN)'s stock rose 12.22%. It improved, as 31 investors sold MTN shares while 88 reduced holdings. The dividend payment was $0.600 per share for the quarter which is $2.40 annualized. [Full Article...]

What Recent Ownership Trends Suggest About Universal Display Corporation (OLED)'s Future Performance

Parallel Advisors LLC now owns 2,716 shares of the semiconductor company's stock worth $246,000 after buying an additional 47 shares during the last quarter. The firm's revenue for the quarter was up 59.2% compared to the same quarter previous year. As of the latest earnings report the EPS was $1.73 and is estimated to be $2.14 for the current year with 47,031,000 shares now outstanding. [Full Article...]

Proterra electric bus sets electric vehicle range record

Proterra electric bus sets electric vehicle range record With passengers on board, the 12-meter electric bus is capable of traveling around 500 km, according to LG Chem. Last year, Proterra introduced the Catalyst E2, the longest-range electric transit bus on the market. Proterra noted that the previous record of 1,013.76 miles was set by an electric auto that weighed about 46 times less than its bus. With more than 400 vehicles sold to 42 differ... [Full Article...]

Asia markets track NY rally ahead of next Fed meeting

Asia markets track NY rally ahead of next Fed meeting Trump has more recently suggested he'd consider rehiring Yellen for another term, saying she's "done a good job". When the world's most influential central bank started ramping up its balance sheet and promising to keep US rates near zero for long periods, investors hunting for higher-yielding assets flooded into emerging markets (EM) such as Turkey, Brazil and Indonesia. [Full Article...]

Tracking Shares of Nuveen Credit Strategies Income Fund (JQC) — Technical Focus

The Average True Range is an investor tool used to measure stock volatility. Currently, the 200-day MA is sitting at 9.87. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. Finding a way to leave emotions out of important investing decisions can greatly assist the investor in achieving their goals. Taking a closer look from a technical standpoint, Nuveen Amt-F... [Full Article...]

Toyota introduces GR sports lineup, with no Supra in sight

Toyota introduces GR sports lineup, with no Supra in sight Among the models in Toyota's line-up that have been given the GR treatment include some unlikely candidates like the Prius and Noah MPV, which are both available with GR Sport packages with special tuning suspension, aluminium pedals and unique paint schemes among other upgrades. [Full Article...]

US Navy leaders urged to do better amid deadly ship collisions

US Navy leaders urged to do better amid deadly ship collisions Jonathan Duffy, taking over duties for the destroyer squadron, the Navy said. The Navy has fired a number of officers, including the commander of the Seventh Fleet, as a result of the collisions involving its warship in Asia. Lynne Mabus, ship sponsor and wife of former U.S. Navy Secretary Ray Mabus, broke a bottle of wine over the ship's bow as part of christening tradition, Huntington Inga... [Full Article...]

Retail sales for August smash expectations and boost pound

Retail sales for August smash expectations and boost pound Economists forecast sales to rise 0.2 percent on month, following a 0.3 percent rise in July. Sales have increased for the 52nd consecutive month. According to the Office for National Statistics (ONS), retail sales rose 1% on a monthly basis last month, exceeding expectations for no growth, while the 0.3% gain recorded in the previous month was revised up to 0.7%. [Full Article...]

Toshiba selects Bain group as buyer of its memory chip business

Toshiba selects Bain group as buyer of its memory chip business The consortium includes South Korean chipmaker SK hynix and tech giant Apple. Toshiba and SK Hynix could not be reached outside business hours. Toshiba is the second largest NAND provider in the world after Samsung Electronics. Bain has partnered with South Korean chipmaker SK Hynix Inc and has also brought in U.S. tech firms such as Apple Inc and Dell Inc, both buyers of Toshiba chips, to b... [Full Article...]

Unions 'cautiously welcome' Tata Steel, thyssenkrupp merger deal

Unions 'cautiously welcome' Tata Steel, thyssenkrupp merger deal The announcement was met with cautious optimism by steel unions in the United Kingdom but they said they would be seeking commitments over job protections going forward. The German and Indian companies have signed a memorandum of understanding for the joint venture to be named Thyssenkrupp Tata Steel, which will be equally owned by both parties, and based in the Netherlands. [Full Article...]

Swiss National Bank Grows Position in Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Swiss National Bank Grows Position in Bed Bath & Beyond Inc. (NASDAQ:BBBY) It was reported on Sep, 19 by Barchart.com. Equity research analysts have given opinions on where they foresees the stock level. About 1.63M shares traded. Goldman Sachs Grp Inc has 0.01% invested in F.N.B. The insider, STARK ARTHUR, now holds 148,545 shares of BBBY. Sumitomo Mitsui, a Japan-based fund reported 458,100 shares. [Full Article...]

3G Capital Partners LP Holds Stake in Turquoise Hill Resources Ltd. (TRQ)

3G Capital Partners LP Holds Stake in Turquoise Hill Resources Ltd. (TRQ) Finally, State of Wisconsin Investment Board increased its stake in Turquoise Hill Resources by 0.8% during the 2nd quarter. The firm issued a sector outperform rating on the basic materials company's stock. Schroder Investment Management Group owned about 0.09% of Turquoise Hill Resources worth $5,824,000 as of its most recent SEC filing. Turquoise Hill Resources had 11 analyst reports sinc... [Full Article...]

Pier 1 Imports, Inc. (PIR) Rating Increased to Buy at ValuEngine

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The Company's categories of merchandise include decorative accessories and furniture. The stock has "Hold" rating by Jefferies on Thursday, September 29. Shares of Pier 1 Imports (PIR) opened at 5.20 on Friday. It has underperformed by 19.65% the S&P50... [Full Article...]

TSX futures edge higher ahead of Fed meeting

TSX futures edge higher ahead of Fed meeting South Korea's Kospi was down 0.09% at 2,416.05, and the Hang Seng Index in Hong Kong lost 0.38% to 28,051.41. The report also said building permits, an indicating of future housing demand, spiked by 5.7% to a rate of 1.300 million in August from a rate of 1.230 million in July. [Full Article...]

Federal Reserve widely expected to hold interest rates steady this week

Federal Reserve widely expected to hold interest rates steady this week Widespread damage from hurricanes Harvey and Irma has dampened the USA economy enough for the Federal Reserve to rethink its original plans to raise short-term interest rates when it meets this week, according to economists. President Trump speaks in front of the United Nations in New York Tuesday . Rite Aid rose about 10 percent on a report that drugstore chain operator, Walgreens Boots, ... [Full Article...]

Teva Pharmaceutical Industries (NYSE:TEVA) Sees Significantly Higher Trading Volume

Teva Pharmaceutical Industries (NYSE:TEVA) Sees Significantly Higher Trading Volume Parker-Hannifin Corp (PH) has risen 44.23% since September 19, 2016 and is uptrending. It has outperformed by 7.25% the S&P500. Analysts await Sturm Ruger & Company Inc (NYSE:RGR) to report earnings on November, 7. The stock of Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has "Hold" rating given on Thursday, July 13 by Maxim Group. On August 3, 2017, Teva disclosed the recording of a... [Full Article...]


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