Finance


Fed plans more rate hikes to meet goals: Yellen Fed plans more rate hikes to meet goals: Yellen
- July 13, 2017

Stocks are reacting to Fed Chair Janet Yellen's relatively dovish congressional testimony , with her appearance before the House Financial Services Committee now underway. The kiwi weakened yesterday after figures showed retail spending on credit and debit cards was unchanged in seasonally adjusted terms in June from May when it fell 0.4 per cent, with lower fuel prices offsetting the expected gains in spending from the Lions rugby tour. (more...)
Cops found loaded guns, pills and dogs inside Anheuser-Busch scion's chopper Cops found loaded guns, pills and dogs inside Anheuser-Busch scion's chopper
- July 13, 2017

The former CEO of Anheuser-Busch, August Adolphus Busch IV was arrested after he landed a helicopter in an IL business park Monday afternoon and returned appearing too intoxicated to take off, officials said Tuesday. He then had the former brewery baron do a sobriety test. The officer then continued his investigation and made contact with Busch IV's wife, Dawna M. (more...)
ITV plc (LON:ITV) has analysts on the Bullish side this week
- July 13, 2017

The stock presently has an average rating of "Hold" and an average price target of GBX 586 ($7.59). Citigroup maintained the shares of ACC in report on Thursday, February 4 with "Neutral" rating. It has underperformed by 16.70% the S&P500. The company has market cap of 5.13 billion GBP. The Firm develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. (more...)
Oil Rises After European Storage Data, US Output Reduction Oil Rises After European Storage Data, US Output Reduction
- July 12, 2017

Energy Information Administration said in its monthly Short-Term Energy Outlook released Tuesday. "Brent and WTI spot staged an impressive ... rally ... Crude prices remain about 16 per cent below 2017 opening levels despite a deal led by the Organisation of the Petroleum Exporting Countries to cut production from January. (more...)
North Korea Erupts in War of Words North Korea Erupts in War of Words
- July 12, 2017

In Seoul, the South Korea , on Friday, the USA initiated a tri-nation joint military exercise, which is termed as soft retaliation against North Korean ballistic missile programs. The incident took place when the US Air Force B-1B bombers along with the South Korean F-15K fighters and Japanese F-2 fighter jets participated in a bombing exercise, which was a training mission held on Saturday, as retaliation to the North Korean's erstwhile the ICBM test. (more...)
Shares Trading up at $26.00 (ARNA) Arena Pharmaceuticals Announces Proposed… Shares Trading up at $26.00 (ARNA) Arena Pharmaceuticals Announces Proposed…
- July 12, 2017

On average, equities analysts forecast that Arena Pharmaceuticals, Inc . will post ($3.14) EPS for the current year. The company's shares were assimilated at $14.1 per share worth to an investment of some $70,500 on account of Munshi Amit . (more...)
Twitter taps ex-Goldman Sachs banker Ned Segal as new CFO Twitter taps ex-Goldman Sachs banker Ned Segal as new CFO
- July 12, 2017

He most recently worked for financial-software producer Intuit Inc., where he was senior vice president of finance for the $2.5 billion division that delivers QuickBooks to customers. Twitter said the appointment of Segal as chief finance officer was unrelated to the financial expectations in its previously provided guidance in its first quarter earnings earlier this year (its next quarterly earnings are due to be announced on July 27 ). (more...)
Ofcom puts brakes on BT, Vodafone in new mobile spectrum auction Ofcom puts brakes on BT, Vodafone in new mobile spectrum auction
- July 12, 2017

This cap means BT/EE will not be able to bid for spectrum in the 2.3GHz band. As the regulator proposed in November, it will place a cap of 255MHz on the "immediately useable" spectrum that any one operator can hold following the auction - preventing BT/EE from bidding for spectrum in the 2.3GHz band as it is already at this limit". (more...)
PepsiCo, WD-40 Net Jump; Barracuda Networks Net Falls PepsiCo, WD-40 Net Jump; Barracuda Networks Net Falls
- July 12, 2017

Weiss Multi Strategy Advisers LLC owned about 0.11% of Barracuda Networks at the end of the most recent quarter. Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Investors may also be paying close concentration to some simple moving average indicators on shares of Barracuda Networks, Inc . Capital Fund Sa has invested 0.01% in Barracuda Networks Inc (NYSE: CUDA ). (more...)
Chinese Umbrella-Share Startup Lost Almost 300000 Umbrellas Chinese Umbrella-Share Startup Lost Almost 300000 Umbrellas
- July 12, 2017

Image from The Paper . "We were really impressed by the bike-sharing model", he added. Mr Zhao says the scheme makes money through advertising on the umbrella, saying "the umbrella is not only a tool for shelter, it is an advertising media". (more...)
Polestar announces 421PS version of new Volvo XC60 T8 Polestar announces 421PS version of new Volvo XC60 T8
- July 12, 2017

Will our local Volvo dealers, Eurocars Ltd., bring in the XC60 Polestar? The 1848kg SUV packs a turbocharged and supercharged four-pot, with an electric motor originally capable of 65kW. Apart from this, the gearbox too has been fine tuned to shift faster and the gear hold function ensures that the box will not upshift when the auto is going fast around a corner. (more...)
Trump presses Senate on health care Trump presses Senate on health care
- July 12, 2017

Eight senators held a news conference earlier Tuesday on the topic of recess, during which they stood next to a large printed graphic warning: "31 working days until the fiscal year ends". The House of Representatives passed its own version in May. During the Sunday talk shows, two Republican senators, Senator John McCain of Arizona, speaking on CBS's Face the Nation , and Sen. (more...)
Dream Industrial Real Estate Invest Trst
- July 12, 2017

It closed at $118.53 lastly. Facebook Inc (NASDAQ:FB) has risen 26.75% since July 11, 2016 and is uptrending. Shares for $436,164 were sold by RICHARDSON JAMES H. Investors sentiment decreased to 1.28 in Q4 2016. Since January 1, 0001, it had 0 insider purchases, and 1 sale for $20,221 activity. It dived, as 76 investors sold KO shares while 623 reduced holdings. (more...)
Marks & Spencer Q1 Revenues Rise; Says FY View Unchanged Marks & Spencer Q1 Revenues Rise; Says FY View Unchanged
- July 12, 2017

The multichannel food-to-clothing retailer, an Elite trader in IRUK Top500 research , turned over £184.8m online in the first quarter of its financial year, 5.8% more than at the same time last year. Rowe has also tried to lift food sales by opening extra Simply Food stores, expanding its products range and delivering more promotions. In the meantime, Marks & Spencer continues to offload its worldwide stores: 28 of its 53 non-UK stores have been closed and the market overseas only ... (more...)
Krispy Kreme offering 80 cent donuts Friday Krispy Kreme offering 80 cent donuts Friday
- July 12, 2017

There's no reason to pretend like we all aren't absolutely obsessed with Krispy Kreme donuts. Krispy Kreme is also bringing back its cake batter doughnut, which is filled with yellow cake batter and White Kreme filling with yellow icing and confetti sprinkles on top. (more...)
CA Has $14.08 Million Position in Pepsico, Inc. (NYSE:PEP) CA Has $14.08 Million Position in Pepsico, Inc. (NYSE:PEP)
- July 12, 2017

Gierl Augustine Investment Management Inc raised its position in Pepsico by 0.8% in the first quarter. Company fiscal year is ending in December and analysts' consensus recommendation is Outperform for PEP and estimated EPS for next quarter is $ 1.50. (more...)
Seattle approves income tax on wealthy, mayor cites Trump agenda Seattle approves income tax on wealthy, mayor cites Trump agenda
- July 12, 2017

The proposal calls for a 2.25 percent tax on total income above $250,000 for individuals and above $500,000 for married couples filing their taxes together. Earlier that week, former Mayor Mike McGinn, who's running again this year while Murray is not, had come out in support of the tax. A June poll by KING 5/KUOW found that 66 percent of Seattleites favored the tax, undoubtedly agreeing with 79-year-old Bobby Righi, who told the council and an appreciative crowd Monday, "It's time for ... (more...)
Air Canada plane avoids disaster in San Francisco Air Canada plane avoids disaster in San Francisco
- July 12, 2017

At 11.56 p.m. Pacific time on Friday, an Airbus 320 operated by Air Canada as flight AC759 was cleared to land at runway 28R, but instead the plane lined up with taxiway C that runs parallel to the runway. "There is no one on 28-Right but you". Air Canada did not immediately respond to a request for comment. "[ An] Air Canada A320 was cleared for land on Runway 28R at San Francisco International Airport ", an FAA spokesperson told RT.com. (more...)
'Stranger Things' Season 2 Has A Premiere Date And A 'Sinister' Synopsis 'Stranger Things' Season 2 Has A Premiere Date And A 'Sinister' Synopsis
- July 12, 2017

The residents of Hawkins , Indiana seem to still be coping with the aftermath of what lurked within the depths of Hawkins lab, and the horrid wrath of Demogorgon . As we all know, this season takes place around Halloween (a year after the last season took place), the flawless time for the weird and unexpected to happen. (more...)
Citigroup Cuts Rating On Kite Realty Group Trust (KRG) Citigroup Cuts Rating On Kite Realty Group Trust (KRG)
- July 12, 2017

It has outperformed by 7.20% the S&P500. At recent closing price of $16.92, BDN has a chance to add $0.49 or 2.9% in 52 weeks, based on mean target price ($17.41) placed by analysts.The analyst consensus opinion of 2.5 looks like a hold. It has a 372.34 P/E ratio. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. (more...)