Economy

The stock declined 1.76% or $0.66 reaching $36.76 per share. Comcast Corporation ( CMCSA ) share price fell -0.72% to $37.42 in the last trading session. BACON KENNETH J sold $303,713 worth of stock or 7,500 shares. At the end of 6/30/2017 reporting period, 712 institutional holders increased their position in Comcast Corporation (NASDAQ: CMCSA ) by some 186,711,148 shares, 695 decreased positions by 218,297,643 and 210 held positions by 3,544,688,220.
  • Q3 2017 EPS Estimates for Whiting Petroleum Corporation (WLL) Boosted by Analyst

    Q3 2017 EPS Estimates for Whiting Petroleum Corporation (WLL) Boosted by Analyst

    Economy

    Fine Capital Partners L.P. now owns 21,336,862 shares of the oil and gas exploration company's stock valued at $117,566,000 after buying an additional 7,450,722 shares during the period. Da Davidson & Co reported 2,000 shares. Schwab Charles Mgmt invested in 0% or 939,638 shares. Many analysts use price trends and patterns to predict future performance, and we can glean some important insights about WLL by examining the chart.
  • Bank of America Corp (BAC) Q3 Profit, Revenue Top Expectations

    Bank of America Corp (BAC) Q3 Profit, Revenue Top Expectations

    Economy

    During the same period previous year, the business earned $0.41 earnings per share. Bank of America Corp shares rose $0.14 (+0.55%) in premarket trading Friday. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the company's stock.
  • DJI - Introducing the Zenmuse X7

    DJI - Introducing the Zenmuse X7

    Economy

    The X7 relies on a dedicated mount system built for carrying prime lenses. DJI has also introduced a new DJI Cinema Color System (DCCS) making the Zenmuse X7 an asset on every film set for movies, TV series, commercials, documentaries, and more.
  • China's trade growth picks up pace, suggesting robust economy

    China's trade growth picks up pace, suggesting robust economy

    Economy

    China's economic data have been showing robust growth ahead of leadership changes set to happen at the upcoming Party Congress. The gain was stronger than the most optimistic forecast in a Reuters analysts poll. The sharp decline in imports in September compares to a 1% drop in August. The value of service imports gained 12.2 percent year on year to 2.13 trillion yuan (more than 320 billion US dollars) in the January-August period, while exports only increased 4.4 percent to 926.69 ...
  • Bixby 2.0 on the way 18th October

    Economy

    Bixby 2 .0 could potentially be on its way to the Galaxy S9 and other flagship Samsung phones, as the South Korean tech giant has appointed a new exec to oversee the second-generation virtual assistant. Behind the scenes, Samsung recently made some management changes in the Bixby team. Samsung has tweaked its personnel arrangement, bringing in expert Eui-suk Chung from Silicon Valley to work alongside its mobile division research lead Injong Rhee.
  • It's Boy Scouts vs. Girl Scouts as BSA moves to admit girls

    It's Boy Scouts vs. Girl Scouts as BSA moves to admit girls

    Economy

    The Girl Scouts of the United States of America said girls thrive in a girl-only environment, and that "we are girl experts". "We think this is an unfortunate decision by the Boy Scouts ", Osterlund said. Check out Girl Scouts! Earlier this year, the church announced that it would stop participating in two Boy Scouts programs for teenagers. The Boy Scouts were long the target of progressive ire for refusing to change rules it followed for decades that prevented gay youths and ...
  • Ford Motor Company (F) EPS Estimated At $0.31

    Economy

    It has underperformed by 20.01% the S&P500. General Motors Company's average Book Value per Share Growth Rate was 11.3 percent during the past 12 months. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. As long as profit margins and other details stay intact, General Motors Company can continue to provide value for investors.
  • Wall St draws little cheer from big bank earnings

    Economy

    Both banks said that the increases were a normal part of the credit cycle and did not point to evidence of consumers under stress, but that explanation did not reassure analysts. However, that decline was offset by a 16% increase in equity trading revenue. "We all would anticipate greater loan growth if there was a bit more clarity as far as you know when or if tax reform was going to pass", Gersprach said.
  • Juniper Networks, Inc. (NYSE:JNPR) Moving Aggressively - Down by 5.99%

    Juniper Networks, Inc. (NYSE:JNPR) Moving Aggressively - Down by 5.99%

    Economy

    Among 29 analysts covering Juniper Networks Inc. Analysts await Immunomedics, Inc. It has outperformed by 15.31% the S&P500. Pinnacle Financial Partners Inc acquired 32,089 shares as Pfizer Inc (PFE)'s stock declined 3.45%. Since April 28, 2017, it had 0 insider buys, and 11 sales for $39.79 million activity. 25,000 shares were sold by CALDERONI ROBERT , worth $752,413.
  • Amazon to hire 120000 workers for holiday season

    Amazon to hire 120000 workers for holiday season

    Economy

    The seasonal hires will almost double Amazon's full-time warehouse employment. "We look forward to welcoming back holiday employees who return year-after-year to Amazon and welcome new faces to the team, many of whom will continue on with regular, full-time roles with the company after the holidays".
  • Draw In Crude Inventories Lifts Oil Prices

    Economy

    US light crude was down 67 cents to $50.63 a barrel. However, the EIA also reported a 2.5-million-barrel rise in gasoline inventories for last week, exceeding analyst expectations of a 1.4-million-barrel increase, and in contrast to API estimates of a 1.575-million-barrel draw.
  • This is what analysts have to say about United Parcel Service, Inc

    Economy

    Bessemer Group Inc Inc, a New Jersey-based fund reported 73,947 shares. The stock increased 0.58% or $0.69 during the last trading session, reaching $119.57. The company has a market capitalization of $103.14 billion, a PE ratio of 29.2867 and a beta of 0.90. Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages.
  • Samsung Elec says Q3 operating profit likely almost tripled from yr ago

    Samsung Elec says Q3 operating profit likely almost tripled from yr ago

    Economy

    The company is also expected to record revenue of 62 trillion won ($5.4 billion), an increase of 29.7 percent from a year earlier. The company is set to release its final earnings report later this month. Samsung Electronics Vice Chairman Lee Jae-yong is now behind bars after a local court found him guilty of bribery and embezzlement in a massive corruption scandal that led to the ousting of former President Park Geun-hye.
  • Iran stun Germany 4-0, enter knock-out round

    Iran stun Germany 4-0, enter knock-out round

    Economy

    However, from the two, Brazil will be playing their first match of the tournament in Goa and like Iran may be wanting to prove that many of their boys - who were part of the team that played at the BRICS tournament last year- have matured and assimilated the finer points of football in the year gone by.
  • EPS for Alphabet Inc (GOOGL) Expected At $8.43

    Economy

    One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and forty have assigned a buy rating to the company. Next quarter's EPS is expected be $9.59 and the next full year EPS is anticipated to be $40.09. Their activity in GOOGL in recent trading has also spurred interest in the stock.
  • Tesla Is Recalling 11000 Model X SUVs Due to a Seat Issue

    Economy

    At issue is a cable in the rear seatback, which the automaker says may not have been tightened correctly at its Fremont, California, assembly plant. All that's needed to fix the seats is readjusting the cables, a repair Tesla says will take about 10 minutes.
  • GM to shut Detroit factory for 5 weeks to control inventory

    Economy

    US automaker General Motors will close a Detroit plant until the end of the year and scale back its assembly line production next year, the company said Thursday. Meanwhile, Reuters reported Wednesday that GM has warned a striking Canadian labor union that if it doesn't call off a monthlong walkout, the automaker will shift production of the top-selling Chevrolet Equinox SUV to Mexico.
  • Clean growth strategy to cut emissions and boost economy to be published

    Clean growth strategy to cut emissions and boost economy to be published

    Economy

    UK Energy Minister, Richard Harrington said: "The government's Clean Growth Strategy will set out how the whole of the UK can benefit from the global move to a low carbon economy". Technologies categorized as "less established" in CfD regulations include offshore wind; advanced conversion technologies, with or without combined-heat-and-power (CHP); anaerobic digestion, with or without CHP; dedicated biomass with CHP; wave; tidal stream; and geothermal, with or without CHP.
  • John Flint named as HSBC's new chief executive, succeeding Stuart Gulliver

    John Flint named as HSBC's new chief executive, succeeding Stuart Gulliver

    Economy

    In August a year ago, HSBC abandoned a timetable for achieving that target, as increased regulatory requirements on capital, low interest rates and rising competition from low-cost competitors put pressure on lenders' profits worldwide. But in 2015, HSBC was forced to apologise for "unacceptable" failings at its Swiss division following allegations that the unit helped rich clients hide billions from the taxman.
  • AT&T Estimates 300K DirecTV Now Adds for Q3

    Economy

    It's a steeper drop than the same period previous year, even though gains from its newer, cheaper online cable-like service, DirecTV Now, are included. On Thursday, even the larger, more diversified media-entertainment companies saw their shares fall: Comcast fell 4 percent; Viacom dropped 3 percent; Walt Disney was off 2 percent; and Sony and CBS were each off 1 percent.