Finance


Melania Trump, son Barron move into the White House
- June 20, 2017

This thing will have more seasons than Game of Thrones. The president said he disagrees with Comey's testimony that the president asked for his loyalty and urged him to drop an investigation into former National Security Adviser Michael Flynn . (more...)
Trump under investigation for possible obstruction of justice
- June 20, 2017

Comey said it should be special counsel Robert Mueller's task to determine whether Trump had obstructed justice, and therefore, had opened himself up to possible impeachment proceedings, keeping the allegations on Russian Federation in mind. (more...)
Airbus gets 100-plane deal at Paris Air Show
- June 20, 2017

Boeing Co . shares are likely to trade lower by the time this week's Paris Air Show ends, analysts at Canaccord Genuity said in a recent note. In one-class configuration, the Boeing 737 MAX 10 carries 230 passengers . Lockheed Martin is in the final stages of negotiating a $37 billion-plus deal to sell 440 F-35 fighter jets to a group of 11 nations including the USA, sources said. (more...)
Whole Foods Market, Inc. (WFM) Shares Bought by Geode Capital Management LLC Whole Foods Market, Inc. (WFM) Shares Bought by Geode Capital Management LLC
- June 20, 2017

The company's 50 day moving average price is $35.95 and its 200-day moving average price is $32.29. Whole Foods Market , Inc. The company has a market capitalization of $13.77 billion, a PE ratio of 34.3107 and a beta of 0.88. (NASDAQ: WFM ) earned "Hold" rating by Wells Fargo on Tuesday, April 11. Headlines about Whole Foods Market (NASDAQ: WFM ) have been trending very positive this week, AlphaOne Sentiment Analysis reports. (more...)
Britain to hold special two-year parliament session to tackle Brexit
- June 20, 2017

Having lost a majority in parliament , May needs the DUP's 10 lawmakers to win any kind of vote, including on the pieces of legislation needed to enact Britain's divorce from the EU. "We're leaving the European Union and because we are leaving the EU". They should finally tell us what the aim is. Finalization of the agreements on the future relations between Brussels and London is only possible after the Brexit process is concluded, but discussion of those future relations may begin ... (more...)
Activist investor pushing for hotel, office conversion of Saks Fifth Avenue flagship Activist investor pushing for hotel, office conversion of Saks Fifth Avenue flagship
- June 20, 2017

But it urges HBC to abandon attempts to buy additional retail brands, such as Neiman Marcus or Macy's. An activist investor is pushing the parent of Saks Fifth Avenue to consider strategic alternatives, including possibly taking the company private. (more...)
Authorities: Teen slain after leaving mosque, man arrested
- June 20, 2017

The girl was walking from The ADAMS Center toward a shopping center to get food with a group of friends around 3 a.m., police said . The teenage girl, whose identity has not been released, was walking outside with a group of friends when she got into a dispute with a man in a auto at around 4 a.m. (more...)
EQT buys Rice Energy to create shale gas drilling giant
- June 20, 2017

Barclays Capital Inc was Rice Energy's financial adviser and Vinson & Elkins LLP its legal adviser. Rice Energy (NYSE: RICE ) last issued its quarterly earnings results on Wednesday, May 3rd. In addition, EQT said the two companies' infrastructure footprint contemplating EQT Midstream Partners LP ( NYSE: EQM ), where the company is planning dropdowns and additional organic projects. (more...)
Car full of explosives rams police car in Paris avenue; attacker dies Car full of explosives rams police car in Paris avenue; attacker dies
- June 20, 2017

The terrorist, a 31-year-old man from the Paris suburb of Argenteuil, had an AK-47 assault rifle in the auto along with a gas tank, French authorities confirmed, according to Fox News . The country remains under a state of emergency imposed after the November 2015 attacks in Paris , when militants slaughtered 130 people in a night of carnage at venues across the city. (more...)
FTC seeks to block merger of FanDuel and DraftKings FTC seeks to block merger of FanDuel and DraftKings
- June 20, 2017

Welcome to the Monday Day FanDuel MLB edition of Picks and Pivots, a fantasy baseball column focused on helping you find the best core lineup for today's Main slate which kicks off at 7:05 PM EST! Because the companies are the two largest daily fantasy sports services operating in the USA and are each other's largest competition, it would undermine the current system in which the companies "battle head-to-head to offer the best prices and product quality, including the largest prize ... (more...)
Donald Trump confirms he is under investigation for firing James Comey
- June 20, 2017

President Donald Trump appeared to confirm in a tweet on Friday that he is under investigation for firing former FBI Director James Comey and blamed what he called a "Witch Hunt" on "the man who told me to fire" Comey - a possible reference to the deputy attorney general. (more...)
Amazon, Whole Food What to Expect
- June 20, 2017

Though Amazon hasn't said so, analysts are contemplating how Amazon's innovative automation throughout its businesses will manifest in the Whole Foods franchise. Whole Foods Market will continue to operate stores under the Whole Foods Market brand and source from trusted vendors and partners around the world. (more...)
White House details plan to privatize air traffic control White House details plan to privatize air traffic control
- June 20, 2017

On Monday, Trump proposed putting air traffic control in the hands of a private, nonprofit organization that would use modern equipment, like Global Positioning System technology. He also said major airlines already have the next generation technology that Trump says the FAA has yet to bring into service. But even though the Federal Aviation Administration has defended that effort, the years-long move has been plagued by delays, funding woes and other setbacks. (more...)
Meal-kit service Blue Apron seeks $3.2 bln valuation in IPO Meal-kit service Blue Apron seeks $3.2 bln valuation in IPO
- June 20, 2017

The company will market 30 million shares at $15 to $17 each, Blue Apron said in a regulatory filing on Monday. It will be interesting to see how Blue Apron fares as a public company. [B] usiness combinations and consolidation in and across the industries in which we compete could further increase the competition we face and result in competitors with significantly greater resources and customer bases than us. (more...)
Comparing Price Charts: Lexington Realty Trust (LXP), H&R Block, Inc. (HRB)
- June 20, 2017

The stock rose 0.61% or $0.39 reaching $64.28. About 50 shares traded. Balyasny Asset Mgmt Ltd Co reported 0.06% of its portfolio in Brandywine Realty Trust (NYSE:BDN). Therefore 69% are positive. Wall Street analysts are predicting that Lexington Realty Trust (NYSE:LXP) will report earnings per share of $0.06 in their quarterly report. (more...)
European Union ready for Brexit negotiations, says Merkel
- June 20, 2017

From the time Corbyn, a long-time hard-left anti-militarism back-bencher and protege of the late Tony Benn, was elevated to the leadership position of the Labour Party back in September 2015, he has (like Bernie Sanders in the U.S. British Jewish leaders have repeatedly accused Corbyn, Labour's far-left leader, of doing too little to curb the proliferation of anti-Semitic rhetoric among his followers. (more...)
FireKeepers Casino 400 Playbook and Lineups — DFS NASCAR FireKeepers Casino 400 Playbook and Lineups — DFS NASCAR
- June 20, 2017

Larson took the checkered flag, but Martin Truex Jr . won both Stage 1 and Stage 2 at MI to remain the Cup Series leader in stage wins. Martin Truex Jr. Denny Hamlin , who won Saturday's Xfinity Series event, finished fourth Sunday, followed by Jamie McMurray and Truex. Ricky Stenhouse Jr., Dale Earnhardt Jr. (more...)
Magellan Midstream Partners LP (MMP) Position Raised by Mariner Investment Group LLC
- June 20, 2017

Scotia Capital maintained Dominion Energy Midstream Partners LP (NYSE:DM) on Friday, April 28 with "Buy" rating . It has underperformed by 21.16% the S&P500. Royal National Bank Of Canada holds 0.01% of its portfolio in Level 3 Communications, Inc. Bessemer Group invested in 0% or 1,860 shares. Antero Midstream Partners had a net margin of 38.95% and a return on equity of 19.78%. (more...)
Amazon deal rocks retail sector
- June 20, 2017

Moody's lead retail analyst Charlie O'Shea said the deal could be "transformative, not just for food retail, but for retail in general". "You never know where it comes from", she said. John Meyer, a portfolio and security analyst, said a "price war" between brick and mortar stores is already occurring. That could help Amazon cut shipping costs and give the company opportunities to sell even more products once in the store. (more...)
Markets Right Now: Tech, banks lead early gains Markets Right Now: Tech, banks lead early gains
- June 20, 2017

Biogen climbed 3.5 percent and Morgan Stanley rose 2.8 percent. United States stocks ended in the black on Monday, with the Dow and S&P 500 at record highs thanks to gains in the technology sector. The gains Monday put major USA indexes further into record territory. Amazon led technology stocks higher with its shares increasing 1.33% to US$1,000.96 following last week's announcement that it had agreed to buy Whole Foods . (more...)