Finance


Woman who stormed stage during 'Julius Caesar' is arrested Woman who stormed stage during 'Julius Caesar' is arrested
- June 18, 2017

The Public Theater's Free Shakespeare in the Park production of the Shakespeare tragedy, in which the title character and his wife are portrayed by actors looking and sounding like POTUS and FLOTUS, has drawn protests from the right and resulted in defunding by corporate sponsors and distancing from the National Endowment for the Arts. (more...)
Walmart buys Bonobos for $310 million
- June 18, 2017

Many of these have been fuelled by its acquisition of Jet.com, which it purchased in 2016 for $3 billion . Customers expressed their dismay on social media, calling the potential acquisition "brand suicide" and threatening to never shop at Bonobos again if it's acquired by Walmart. (more...)
Sensex ends in green as RBI holds rates; banks top gainer Sensex ends in green as RBI holds rates; banks top gainer
- June 18, 2017

It was quoting at 31,240.85 at 1100 hours, down 30.43 points, or 0.10 per cent. The NSE 50-share Nifty also down 16.65 points or 0.17 per cent to 9,647.25, after shuttling between 9,688.70 and 9,641.50. Domestic institutional investors (DIIs) had also bought shares worth a net Rs 13.62 crore. Taiwan market dropped by 0.20%. A total of 59 stocks registered a fresh 52-week high in trade on Thursday, while 23 stocks touched a new 52-week low on the NSE. (more...)
USA stocks slip on tech drop, dollar up after Fed: Markets Wrap USA stocks slip on tech drop, dollar up after Fed: Markets Wrap
- June 18, 2017

Some investors have been selling the shared currency from its highs in profit-taking while Eurozone inflation concerns have also dampened Euro demand. However, if the Fed expresses uncertainty about the possibility of a third 2017 interest rate hike the US Dollar is likely to plunge and EUR/USD could head back towards its best levels. (more...)
Global shares fall on Fed rate hike, UK rate outlook Global shares fall on Fed rate hike, UK rate outlook
- June 17, 2017

The FOMC therefore chose to hike its target on the federal-funds interest rate-what banks charge one another on overnight loans-by a quarter of a. The Fed also gave a first clear outline on its plan to reduce its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities, most of which were purchased in the wake of the 2007-2009 financial crisis and recession. (more...)
Still no proof of collusion with Russians, says Donald Trump
- June 17, 2017

From the tweet , it sounds like Trump is blaming Deputy Attorney General, Rod Rosenstein . Or did Trump fire Comey as a way to stop the Russian Federation investigation from going forward? President Donald Trump confirmed Friday he is under federal investigation and appeared to single out a senior Justice Department official for criticism, underscoring his growing frustration with the persistent focus on Russia's involvement in the 2016 election and possibly his campaign. (more...)
Indian equities close flat, healthcare stocks slip Indian equities close flat, healthcare stocks slip
- June 17, 2017

The S&P BSE Sensex shed 205.66 points or 0.66 % to settle at 31,056.40. The wider Nifty of the National Stock Exchange (NSE) inched lower by 1.10 points or 0.01 per cent to provisionally close at 3.30 p.m.at 9,576.95 points. On the macroeconomic data front, merchandise exports have shown growth of 8.32 % in dollar terms valued at USD 24014.62 million during May 2017 as compared to USD 22170.62 million during May 2016. (more...)
Shell Midstream Partners, LP (SHLX) Earns Daily Coverage Optimism Score of 0.42
- June 17, 2017

Typically, these analysts look at a company's fundamentals, building financial models from this information in order to project future trends, specifically future earnings. MAG Silver Corp. (NASDAQ:MAG)'s stock has performed at 8.98%. The rating was maintained by Mitsubishi UFJ on Friday, October 14 with "Outperform". Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt has invested 0.08% of its portfolio in McCormick & Company, Incorporated ... (more...)
FDA approves new, cheaper rival to EpiPen allergy shot FDA approves new, cheaper rival to EpiPen allergy shot
- June 17, 2017

Adamis claims that its Symjepi pen is easier to use than Mylan's EpiPen and it is smaller, making it easier to fit into a purse or pocket. Adrenaclick is "unlikely to set the pricing of the marketplace as Adamis PFS enters", said Maxim analyst Jason Kolbert, since Adrenaclick is an older product, among other things. (more...)
Ex-cricketer Aamir Sohail accuses Pakistan of 'fixing' matches
- June 17, 2017

India had won that final. One particular user had tagged Mushfiqur Rahim and his now-deleted Tweet that he had posted in which he had expressed happiness over India's loss in the semi-final of the ICC World T20 against the West Indies. (more...)
Morgan Stanley Reaffirms Buy Rating for AstraZeneca plc (AZN)
- June 17, 2017

The average twelve-month price target among brokerages that have covered the stock in the previous year is GBX 294.17 ($3.80). Shore Capital maintained the stock with "Hold" rating in Thursday, February 23 report. About 4.37 million shares traded. Citigroup Inc reiterated their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a report published on Tuesday morning. (more...)
Verizon takes over Yahoo to complete $4.5 billion deal
- June 17, 2017

Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet. Verizon is combining Yahoo with AOL, which it bought two years ago, to form a venture called Oath , led by AOL CEO Tim Armstrong . (more...)
Rep. Steve Scalise Still in Critical Condition, 'Has Improved,' Hospital Officials Say
- June 17, 2017

Steve Scalise . "I think that an excellent recovery is a good possibility", Dr. Jack Sava , director of trauma at MedStar Washington Hospital Center said at a news conference Friday afternoon. Historically the game brings an intense political rivalry onto the baseball field and this year will be no different. A Democrat ally of Steve Scalise asked for better protection for himself and his fellow lawmakers a week before the House of Representatives Majority Whip was left fighting for ... (more...)
Analysts Consensus For Tristel (LON:TSTL)
- June 17, 2017

The stock declined 0.07% or $0.05 reaching $74.9 per share. Reckitt Benckiser Group Plc (LON:RB) has 0.00% since June 16, 2016 and is. Therefore 56% are positive. They expect $0.69 EPS, up 146.43% or $0.41 from last year's $0.28 per share. AZN's profit will be $1.09 billion for 19.38 P/E if the $0.44 EPS becomes a reality. (more...)
The Victory Capital Management Inc. Purchases 41846 Shares of Oclaro, Inc. (OCLR)
- June 17, 2017

It has outperformed by 76.04% the S&P500.The move comes after 8 months negative chart setup for the $1.63B company. Most stock rating systems assign stocks one to five stars, with five being best. Piper Jaffray Companies reissued an "overweight" rating and issued a $15.00 target price on shares of Oclaro in a report on Friday, March 3rd. The rating was initiated by Drexel Hamilton on Friday, April 8 with "Hold". (more...)
SeaWorld Entertainment, Inc. (SEAS) Sky Rocketed 6.75% in the last trading session SeaWorld Entertainment, Inc. (SEAS) Sky Rocketed 6.75% in the last trading session
- June 17, 2017

Teachers Advisors LLC owned about 0.13% of SeaWorld Entertainment worth $2,060,000 as of its most recent filing with the SEC. The company has a consensus rating of "Hold" and an average price target of $17.78. SeaWorld announced in March that China's Zhonghong Zhuoye Group Co Ltd agreed to buy Blackstone Group's 21 per cent stake in the theme park operator for US$23 (RM98) per share, or US$429 million. (more...)
Amazon to buy Whole Foods for $13.7 billion
- June 17, 2017

These early forays into groceries provide clues for what consumers could expect from a combined Amazon and Whole Foods , a deal expected to close later this year. Under the Amazon deal, it would continue operating stores under its Whole Foods banner, co-founder John Mackey would remain CEO, and Whole Foods would stay headquartered in Austin, Texas. (more...)
Sen. Kamala Harris: Sen. Kamala Harris: "When we use our voices, we've got the power".
- June 17, 2017

But what drew more attention was McCain's choice to interrupt Senator Kamala Harris , the only woman of color on the Senate Intelligence Committee and the only black woman in the U.S. Members of the committee should "provide the witnesses the courtesy, which has not been extended, fully across, for questions to get answered", Burr said, criticizing Sen . (more...)
London fire may have destroyed DNA needed to ID victims
- June 17, 2017

The police stressed in a statement that "there is nothing to suggest the fire was started deliberately". Omar, 25, survived, but the brothers were separated as firemen tried to rescue them from burning building early Wednesday. "We need to have an explanation of this". One of the victims was Mohammed Alhajali, a 23-year-old Syrian refugee, who came to Britain in 2014 with his brother. (more...)
'US Desire to Receive Money From Persian Gulf States' Behind Qatar Crisis
- June 17, 2017

Mr Faki warned that if the rift is allowed to escalate further, it could have adverse political, security and humanitarian implications for the Gulf states, Africa and global peace and security. In Washington, Qatari Defense Minister Khalid bin Mohammed al-Attiyah met Wednesday with U.S. Defense Secretary Jim Mattis and signed a deal for F-15 fighter jets it described as being worth $ 12 billion . (more...)