Economy

Why Investors remained confident on Cisco Systems, Inc. (CSCO), Citigroup Inc

Traders can make of these figures one thing: sentiment in terms of actual shares traded is cooling down. (NASDAQ: CSCO ) has risen 13.20% since October 26, 2016 and is uptrending. Montag A And Assoc Incorporated, Georgia-based fund reported 167,987 shares. Gradient Ltd Liability Co accumulated 7,603 shares. Since May 24, 2017, it had 0 insider buys, and 3 insider sales for $12.50 million activit... [Full Article...]

Asian Asset Sales and Cost Cuts Lifts ANZ to Profit

Asian Asset Sales and Cost Cuts Lifts ANZ to Profit ANZ lifted its common equity Tier 1 capital ratio 0.96 percentage points to 10.6 per cent - above the Australian Prudential Regulation Authority's 10.5 per cent "unquestionably strong" benchmark that banks have until 2020 to reach. Total net loans were up 4 per cent to $117.24 billion, while customer deposits increased 7 per cent $81.86 billion. Return on equity of 11.9% is well under the peak o... [Full Article...]

Conneaut baby murder suspect spotted at a Sheetz in Pittsburgh

Conneaut baby murder suspect spotted at a Sheetz in Pittsburgh KDKA-TV has learned that state police are searching for Joshua Gurto , 37, in the North Hills of Pittsburgh . Investigators released camera images believed to be Gurto from Wednesday afternoon and are unsure if he is still in the area. After conducting interviews, Conneaut police charged Gurto with her death. "Gurto is 5'10" tall and weighs 150 pounds. Tipsters can remain anonymous and rew... [Full Article...]

Spot Check on Stock With Abnormal Activity Celgene Corporation (NASDAQ:CELG)

Cantor Fitzgerald set a $160.00 price target on shares of Celgene Corporation and gave the stock a "buy" rating in a research report on Thursday, July 27th. Needham maintained the shares of ELLI in report on Friday, July 31 with "Buy" rating. Bank of America Corp. reaffirmed a "buy" rating and set a $125.00 target price on shares of Celgene Corp.in a report on Wednesday, June 8th. [Full Article...]

Amazon exceeds earnings expectations as head count tops a half-million

Stifel Nicolaus' target price indicates a potential upside of 13.06% from the company's previous close. AMZN has been the topic of several recent analyst reports. (NASDAQ: AMZN ) on Friday, February 3 with "Outperform" rating. Also, VP Shelley Reynolds sold 544 shares of the business's stock in a transaction on Tuesday, August 15th. [Full Article...]

Uber apes arch-rival Lyft by supporting multiple stops

If you've ever tried to share an Uber with anyone not headed to the same address as you, you'll know how annoying it is to frantically change the drop-off destination after every stop. You will still be able to make changes to your stops mid-route, Uber also notes. It's also worth pointing out that Uber rival Lyft introduced adding extra stops in its app previous year, which then gave it an adva... [Full Article...]

Starbucks' new Zombie Frappuccino is out: what you need to know

Starbucks' new Zombie Frappuccino is out: what you need to know The green base of the Frappuccino is caramel apple flavored. If you see the undead lingering around your neighborhood Starbucks, do not be alarmed. The drink does not contain any coffee or caffeine, so it's highly likely you'll be wandering around like a zombie without the stimulant. [Full Article...]

Boston Scientific Corporation (BSX) Announces Quarterly Earnings Results, Hits Expectations

FinnCap maintained it with "Corporate" rating and $27 target in Thursday, October 29 report. The firm earned "Buy" rating on Sunday, September 6 by BTIG Research. Marlborough, Massachusetts-based Boston Scientific said its total net sales rose 5.6 percent to $2.22 billion, edging past analysts' average estimate of $2.21 billion, according to Thomson Reuters I/B/E/S. [Full Article...]

Trending Stocks Alert: AT&T, Inc. (T), Anheuser-Busch InBev SA/NV (BUD)

Trending Stocks Alert: AT&T, Inc. (T), Anheuser-Busch InBev SA/NV (BUD) Other hedge funds have also made changes to their positions in the company. The stock jumped 8.31 percent over the past six months. Gilman Hill Asset Management LLC boosted its stake in Anheuser Busch Inbev SA by 10.0% in the second quarter. [Full Article...]

Lindsey Graham, Cory Booker testify to Menendez's honesty

Lindsey Graham, Cory Booker testify to Menendez's honesty Menendez and Florida eye doctor Salomon Melgen are charged in an alleged bribery scheme in which Melgen offered Menendez free flights on his private jet and other gifts in exchange for help with business issues. The defense team Thursday attempted to call Perkins Coie attorney Marc Elias - who was retained for a Senate ethics inquiry into Menendez that began in 2012. [Full Article...]

Amazon Will Soon Be Able to Deliver Packages INSIDE Your House

Amazon Will Soon Be Able to Deliver Packages INSIDE Your House Amazon's latest effort to disrupt the retail industry comes in the form of a new in-home delivery service available exclusively to members of its Prime program. The company's unwavering commitment to meeting homeowners' needs has inspired its innovative lock portfolio that includes patented SmartKey Security™ deadbolts, keyless entry combination locks, connected home technology, first-to-market el... [Full Article...]

Comcast Corporation (CMCSA) Earns "Buy" Rating from Wells Fargo & Company

Comcast Corporation (CMCSA) Earns Segment Wealth Management LLC now owns 77,379 shares of the cable giant's stock valued at $2,977,000 after purchasing an additional 70,478 shares in the last quarter. 1 analysts gave its stock an Outperform rating. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.68%. For the most recent quarter, quick ratio was 0.7, current ratio was 0.7, LT Debt/Equity ratio was ... [Full Article...]

HDFC Bank profit rises 20% on robust growth in core income

HDFC Bank profit rises 20% on robust growth in core income The bank reported Rs 3,455 crore in net profit for the quarter ending September a year ago. Net interest margin (NIM) for the quarter expanded to 3.7 per cent from 3.4 per cent in the year-ago quarter. Lalitabh Shrivastawa, AVP - research, Sharekhan, said HDFC Bank has maintained its asset quality momentum. Provisions and contingencies surged 97.09% to Rs1,476.19 crore from Rs748.99 crore a year... [Full Article...]

USA imposes new sanctions on Hezbollah

On Thursday, the House will vote on another bill calling for additional sanctions on Iran related to its ballistic missiles programme. The Republican-led House overwhelmingly approved bipartisan legislation Thursday that would slap new sanctions on Iran for its pursuit of long-range ballistic missiles without derailing the 2015 global nuclear accord that President Donald Trump has threatened t... [Full Article...]

MI is Waymo's winter wonderland - Waymo

MI is Waymo's winter wonderland - Waymo The company already tested its vehicles in the snow in Tahoe - pictured above - but that's nothing compared to a winter in MI. The company chose the state to see how vehicles will respond in snow, sleet, and ice. The company, which has a development center in Novi , said it began cold-weather testing in 2012 and the MI test program would build on its earlier efforts, including in the Nevada and C... [Full Article...]

Ford Truck Sales Lift Third Quarter Earnings

Adjusted net income for the latest quarter was $1.73 billion or $0.43 per share. Ford now expects its full-year earnings to come in between $1.75 and $1.85 per share, which is much stronger than the current consensus at $1.74 per share. [Full Article...]

One billionaire created every two days in Asia, study says

One billionaire created every two days in Asia, study says According to the UBS PwC Billionaires report 2017, the 1,542 billionaire analysed own or partly own companies which employ 27.7 million people worldwide - not far off the UK's entire working population. "Informal and formal networks orchestrate deals and investments, as well as helping with other topics such as philanthropy, inheritance and art", according to the report. [Full Article...]

Euro, bond yields fall after European Central Bank extends asset purchases

Euro, bond yields fall after European Central Bank extends asset purchases The commitment is essential for keeping recent gains for the euro currency against the U.S. dollar in check, and so prevents a fall in inflation on the back of cheaper imports. The decisions could be outlined in a statement, followed by a fuller explanation in a news conference. Hawks such as Germany and the Netherlands have wanted a commitment to end bond buys, arguing that growth is now above ... [Full Article...]

NAACP advises black travelers not to fly American Airlines

American, the world's biggest airline by passenger traffic, said that it earned $624 million, down 15 percent from $737 million a year earlier. The NAACP issued the American Airlines advisory, citing four incidents in which African American passengers were either removed from a flight or forced to give up a first-class seat on the carrier's planes. [Full Article...]

Saudi Arabia Grants First Ever Citizenship to a Robot

Sophia is created to look like late American actress, Audrey Hepburn, her creator Dr. David Hanson, founder of Hanson Robotics said . Saudi Arabia presented itself on Wednesday as the first country to ever grant citizenship to a Robot as a symbolic display for a progressive future at Neom. [Full Article...]


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