Finance


Facebook Looks To Build Neighborhood As It Expands Headquarters Facebook Looks To Build Neighborhood As It Expands Headquarters
- July 08, 2017

Facebook revealed plans on Friday to turn a 56-acre plot of land it bought in 2015 into its own village - complete with 1,500 new homes, a grocery store, transit center, hotel, retail shops, office buildings and open park space. "We envision construction will follow in phases, with the first to include the grocery, retail, housing and office completed in early 2021", said Tenanes. (more...)
Barnier bursts the Brexit bubble: no tariff-free trade Barnier bursts the Brexit bubble: no tariff-free trade
- July 08, 2017

Barnier said he was unsure the EU's insistence on preserving its own rules "have been fully understood across the Channel". Britain needs to stay inside the single market and customs union until a final deal with the EU is in force, a leading business group has warned. (more...)
Young & CO. LTD. Decreases Stake in BP plc (NYSE:BP)
- July 08, 2017

Crestwood Advisors Group LLC bought a new position in BP p.l.c. during the first quarter worth approximately $114,000. AlphaMark Advisors LLC boosted its position in shares of BP p.l.c.by 16.8% in the first quarter. Shareholders of record on Friday, May 12th were issued a dividend of $0.595 per share. This represents a $2.38 annualized dividend and a yield of 6.80%. (more...)
United Kingdom manufacturing output falls in May United Kingdom manufacturing output falls in May
- July 08, 2017

Production has increased over the past five months. Output was forecast to gain 0.5%. Output in the sector also fell 1.2 per cent in the three months to May, its fourth quarterly fall in a row, and its biggest drop since September 2012. Economists had forecast a 0.2% increase for May. "The strong dynamics of [manufacturing] orders at the end of the year has been translated into a lively expansion of the production figures since the beginning of the year", the ministry said. (more...)
Chris Sale, Red Sox take a hit from Rays Chris Sale, Red Sox take a hit from Rays
- July 08, 2017

Lin is proving to be a solid backup infielder while Marrero has slowly raised his average as he continues to receive regular reps at third base. He became the first Red Sox pitcher to strike out 10 or more in 12 games before the All-Star break, surpassing the 11 games of Pedro Martinez in 1999. (more...)
Namma Metro resumes service, ESMA warning for striking workers does the trick Namma Metro resumes service, ESMA warning for striking workers does the trick
- July 08, 2017

However, the staff chose to withdraw the protest after negotiations with the police department. Chandra Shekar, a regular metro commuter said that he rushed to the Metro station at Mahalakshmi Layout around 8 am and learn to know that there were no services due to the protest by BMRCL employees. (more...)
Delcath Systems, Inc. (DCTH) Going Through Hard Times This Year
- July 08, 2017

Given ReWalk Robotics' higher probable upside, analysts clearly believe ReWalk Robotics is more favorable than Delcath Systems . This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The stock now has Monthly Volatility of 49.18% and Weekly Volatility of 16.27%. This formula is calculated by 5 year average Return on Invested Capital (ROIC) / Standard Deviation of the 5 year ROIC. (more...)
Jawbone Is Apparently Going Into Liquidation Jawbone Is Apparently Going Into Liquidation
- July 08, 2017

Jawbone , which started out making Bluetooth speakers and headsets before dabbling in the wearables business, has gone out of business and is liquidating its assets, according to a report in The Information . Jawbone has yet to offer an official comment on the rumours. The consumer electronics company had competed with FitBit and numerous other health technology gadget companies, and was once valued at as much as $3bn. (more...)
Delta Flight Diverted After Attack on Flight Attendant
- July 08, 2017

Delta Flight 129 had been in the air for about 45 minutes when the passenger assaulted the flight attendant in the first-class cabin, Port of Seattle spokesman Perry Cooper said. An anonymous passenger said other passengers hit the man with wine bottles in an attempt to subdue him. The aircraft, a twin-aisle Boeing 767-300ER, returned safely to Seattle-Tacoma International Airport around 7:40 PM local time under Department of Defense escort . (more...)
Wednesday's Powerball drawing could be last for IL lottery players Wednesday's Powerball drawing could be last for IL lottery players
- July 08, 2017

MegaMillions sales will be suspended starting Friday night. The state has failed to pass a budget for two straight years. Greg Smith , the acting lottery director, told state legislators that all they need to do is authorize legislation to ensure lottery winners get paid to allow the games to keep running there, according to the Tribune. (more...)
Hong Kong seizes its largest ivory haul in 30 years Hong Kong seizes its largest ivory haul in 30 years
- July 07, 2017

Hong Kong customs officials seized ivory elephant tusks valued at $9 million, prompting the arrests of three people, officials announced Thursday. Under the Protection of Endangered Species of Animals and Plants Ordinance, any person found guilty of importing or exporting an endangered species without a licence is liable to a maximum fine of $5 million and imprisonment for two years. (more...)
What's next for Spider-Man after Homecoming What's next for Spider-Man after Homecoming
- July 07, 2017

Spider-Man: Homecoming is about to take the world by storm when it hits theaters this weekend. Was he protecting Spider-Man, given that it was Spidey who saved his life at the end of the film? The costume seems to be unchanged from the hero's appearance in the MCU's final Captain America movie , though there is a shabbier homemade version of the suit to look out for this time around. (more...)
Physicians Realty Trust (DOC) Stake Decreased by First Trust Advisors LP Physicians Realty Trust (DOC) Stake Decreased by First Trust Advisors LP
- July 07, 2017

Its down 6.6% from 2.12 million shares previously. With 4.44M avg volume, 1 days are for AMAZON.COM Incorporated (NASDAQ:AMZN)'s short sellers to cover AMZN's short positions. Employees Retirement System Of Texas who had been investing in Vornado Rlty Tr for a number of months, seems to be bullish on the $17.16B market cap company. (more...)
Morgan Stanley Begins Coverage on Berkshire Hathaway Inc. (BRK) Morgan Stanley Begins Coverage on Berkshire Hathaway Inc. (BRK)
- July 07, 2017

The original version of this piece can be read at https://www.themarketsdaily.com/2017/07/06/morgan-stanley-begins-coverage-on-berkshire-hathaway-inc-brk.html. Greg Abel, Berkshire Hathaway Energy chairman, president and CEO, said, "This partnership combines the strengths of two companies that share a common goal of providing exceptional customer service and a commitment to invest in critical infrastructure that will make the Texas energy grid even stronger and more reliable". (more...)
At This Price, Is It Too Late To Buy Viacom, Inc. (VIAB)?
- July 07, 2017

Several other institutional investors also recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Viacom by 0.4% in the fourth quarter. Stockholders of record on Thursday, June 15th were paid a $0.20 dividend. "(VIA) Ex-Dividend Date Scheduled for June 13, 2016" on June 12, 2017. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.42%. (more...)
Outdoor Retailer plans three Denver events for 2018 Outdoor Retailer plans three Denver events for 2018
- July 07, 2017

The first show in Colorado will be the newly merged Outdoor Retailer + Snow Show, endorsed and sponsored by SnowSports Industries America (SIA) and Outdoor Industry Association (OIA), in January 2018. The decision to leave the show's 22-year home in Salt Lake City was made in direct response to Utah's controversial attempts to annex public lands for mineral extraction, privatization and energy development. (more...)
Robert W. Baird Reaffirms "Outperform" Rating for BeiGene, Ltd. (BGNE)
- July 07, 2017

While BeiGene will receive upfront licensing fees totaling $263 million, Celgene will acquire an equity stake in BeiGene by purchasing 32.7 million, or 5.9% of BeiGene's ordinary shares at $4.58 per share. A number of brokerages have commented on BGNE. Investment analysts at William Blair issued their Q2 2017 earnings per share estimates for Beigene in a research report issued to clients and investors on Thursday. (more...)
Cliffs Natural Resources Inc. (NYSE:CLF) Cliffs Natural Resources Inc. (NYSE:CLF)
- July 07, 2017

Cliffs Natural Resources Inc. closed its last trading session at $6.92 with the gain of 2.6%. These analysts have also projected a Low Estimate of $0.1/share and a High Estimate of $0.33/share. The market capitalization of the company is at $2.12 Billion. The stock was trading on below-average volume. (CLF) have 298.97 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and ... (more...)
Pakistani Rupee Falls Out of Bed Pakistani Rupee Falls Out of Bed
- July 07, 2017

The Pakistani rupee lost 3.2% of its value against most major currencies on Wednesday while the Karachi stock market suffered losses on Thursday as political uncertainty plagued the country. "Dar is a dominant personality". Raza Jafri, executive director at brokerage Intermarket Securities, said he expected the rupee to consolidate in a range of 105-108 to the dollar. (more...)
TS SSC Supplementary results 2017 declared, how to check TS SSC Supplementary results 2017 declared, how to check
- July 07, 2017

Telangana Board of Secondary Education provides education facilities to the various public and private schools which comes under the state government. Out of which 427429 candidates have qualified the exam. Going by districts, Warangal has performed best with 87.33% pass percentage. BSE Telangana then gave a month time to the students to re-appear for the supply exam in June. (more...)