Economy

Still, Trump's wealth estimation on Forbes' list was higher than for Bloomberg's worldwide billionaires list , which estimated his worth at $2.86 billion. 2 with $81.5 billion. Also, Warren Buffet, who was at the 15 spot earlier, has been listed at the third place for the second year in a row. Alice Walton was the highest placed woman, with a net worth of $38.2 billion, ranking the heir to the Wal-Mart Stores fortune at 13 - the same position as previous year.
  • Goldman Sachs, Morgan Stanley Top Q3 Views But Trading Still Weak

    Goldman Sachs, Morgan Stanley Top Q3 Views But Trading Still Weak

    Economy

    Guardian Life Insurance Co. of America increased its holdings in shares of Morgan Stanley by 0.5% during the 1st quarter. Other institutional investors also recently made changes to their positions in the company. The Boeing Company has 8 buy ratings, 10 holds and 0 sells even after the stock tumbled -0.85% from its high of $263.79 to a $158.95 billion market value through last close.
  • Goldman Sachs suffers another heavy fall in bond trading

    Economy

    Next Financial Group, Inc reduced its investment by shedding 900 shares a decrease of 25.6%. (The) by 1.7% during the first quarter. The investment management company reported $3.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.39 by $0.56.
  • Express Scripts Holding Company (ESRX) Investment Increased by Hexavest Inc

    Economy

    About 2.20 million shares traded. Express Scripts Holding Company (NasdaqGS:ESRX) has a Q.i. It has underperformed by 33.62% the S&P500. Comparatively, ESRX posted earnings of $1.98 per share in the same quarter, a year earlier. Therefore 67% are positive. 17 analysts on average are expecting the company to report revenue of $25.55 Billion for the current quarter. The company's P/E (price to earnings) ratio is 9.91 and Forward P/E ratio of 7.45.
  • Exelixis drug improves overall survival in liver cancer patients

    Exelixis drug improves overall survival in liver cancer patients

    Economy

    We see here that the stock is 24.11% away from the 20-Day Simple Moving Average. Pres Prod Dev & Med Aff & CMO Gisela Schwab sold 100,000 shares at a price of $23.79 on Thursday the 28th. Also, CFO Christopher J. Senner sold 100,000 shares of the business's stock in a transaction that occurred on Tuesday, September 12th. Caxton Associates LP bought a new position in Exelixis in the second quarter worth approximately $227,000.
  • United Kingdom inflation hits five-year high of 3%

    United Kingdom inflation hits five-year high of 3%

    Economy

    This represented a rise from 2.9% in August and means wages are still stagnating. Inflation in Britain rose at the fastest pace in over five years in September, remaining above the Bank of England's 2% target for the seventh consecutive month, after breaking through the threshold for the first time in three years in March.
  • Why Sears Holdings Stock Dropped 11.5% Today

    Economy

    Sears Holdings Corporation ( NASDAQ SHLD ) traded up 9.19% during trading on Friday, reaching $6.77. About 3.38M shares traded or 210.09% up from the average. Parametric Portfolio Associates Lc invested 0% in Sears Holdings Corp (NASDAQ:SHLD). Eaton Vance Management has 12,107 shares. (NYSE:ECL). Conestoga Advsr Ltd Limited Liability Company has invested 0.01% in Ecolab Inc.
  • October 15-21 is National Teen Driver Safety Week

    October 15-21 is National Teen Driver Safety Week

    Economy

    This number counts teenagers who are drivers or passengers who die in a crash in which a teen is driving. Discuss the rules of the road with your teen, why they are important to follow, and consequences for breaking them. According to AAA, auto crashes are the leading cause of death for teens in the United States. Subjects detailed in the press release include drinking and driving, seat-belt usage, speeding and distracted driving.
  • Marathon Petroleum Corporation (MPC) — Trending Stock

    Economy

    The share price was last seen 0.95% higher, reaching at $13.75 on 10/13/2017. The company's stock had a trading volume of 1,050,125 shares. The insider now holds 73,149 shares of Marathon Oil Corporation ( MRO ). The firm has "Buy" rating given on Friday, July 21 by Bank of America. Scotia Capital maintained Verizon Communications Inc. The stock has "Market Perform" rating by Bernstein on Thursday, April 7.
  • Mylan NV (MYL) Holdings Raised by Verition Fund Management LLC

    Economy

    Hap Trading Llc increased Mylan N V ( MYL ) stake by 610.72% reported in 2017Q2 SEC filing. The share price of Mylan Inc. Advisors Capital Management LLC now owns 86,329 shares of the company's stock worth $3,351,000 after acquiring an additional 3,854 shares in the last quarter.
  • Lufthansa, 6 others bidding for Alitalia

    Lufthansa, 6 others bidding for Alitalia

    Economy

    Germany's largest airline Lufthansa yesterday put in an offer for parts of failing Italian operator Alitalia, while Easyjet expressed an interest in acquiring parts of the ailing airline. The government also announced a further €300 million in loans to keep the carrier flying. Italian newspaper Corriere della Sera, referring to anonymous sources, said on Monday that the Lufthansa bid was worth €500m, but was likely to be rejected as the authorities in Rome wished to sell the airline's ...
  • Airbus to take majority stake in Bombardier C-Series jet program

    Economy

    The move was also welcomed by Dominique Anglade, Quebec's deputy prime minister, who said: "The arrival of Airbus as a strategic partner today will ensure the sustainability and growth of the C Series programme, as well as consolidating the entire Quebec aerospace cluster".
  • Institutions Peg This Stock As a Favorite: Vornado Realty Trust (NYSE:VNO)

    Economy

    It has underperformed by 6.57% the S&P500. Therefore 50% are positive. BidaskClub downgraded shares of Cedar Realty Trust from a "buy" rating to a "hold" rating in a report on Wednesday, August 16th. Cubist Systematic Strategies Lc accumulated 0.03% or 15,376 shares. Rmsincerbeaux Capital Management Ltd Liability owns 9,835 shares or 0.83% of their United States portfolio.
  • Next Weeks Broker Price Targets For NewLink Genetics Corporation (NLNK)

    Economy

    With 1.15M avg volume, 2 days are for Raytheon Company (NYSE:RTN)'s short sellers to cover RTN's short positions. NewLink Genetics Corporation had a negative net margin of 161.94% and a negative return on equity of 55.03%. At the time of writing, the 14-day ADX for Newlink Genetics Cor ( NLNK ) is 30.58. C Hldgs A S has 9,980 shares for 0% of their portfolio. 132,542 are held by Morgan Stanley.
  • Netflix, Inc. (NFLX) Holdings Cut by Sentry Investment Management LLC

    Netflix, Inc. (NFLX) Holdings Cut by Sentry Investment Management LLC

    Economy

    Visit MarketWatch.com for more information on this news. It bumped up its plan that allows two simultaneous streams by $1 to $12 a month, and is billing $2 more for its four-streams plan, now $14 a month. The company had guided for net additions of 4.4 million and FactSet's subscriber adds consensus was 4.5 million. Sentry Investment Management LLC's holdings in Netflix were worth $3,203,000 at the end of the most recent quarter.
  • Bank of America Corporation (NYSE:BAC) Sees The Needle Move on Volume

    Economy

    About 23.86M shares traded. Bank of America Corporation (BAC ) exchanged hands at an unexpectedly low level of 103.65 million shares over the course of the day. Keefe Bruyette & Woods maintained the shares of BAC in report on Tuesday, June 6 with "Buy" rating. Deutsche Bank has "Buy" rating and $17 target. Macquarie Research upgraded the stock to "Underperform" rating in Tuesday, August 25 report.
  • Mazda rotary: What goes around comes around

    Mazda rotary: What goes around comes around

    Economy

    Speaking with Automotive News (subscription required), Mitsuo Hitomi, head of powertrains at Mazda, said a rotary will "probably" do duty as a range-extender in an electric auto. For Mazda, it's "whether the business conditions will be met or not ... not the big technical issues", according to Hitomi. Ever since the RX-8 left us in 2012, Mazda fans have been hoping that a new model would be introduced with the legendary rotary engine.
  • Warning over hurricane winds

    Warning over hurricane winds

    Economy

    A spokesman for the weather agency said: "A spell of very windy weather is likely on Monday in association with ex-Ophelia". Road, rail, air and ferry travel could be affected and people are being warned of longer journey times and cancellations.
  • IBM uses blockchain to improve cross-border payments processing

    IBM uses blockchain to improve cross-border payments processing

    Economy

    Digital Currency is The Key: The fresh blockchain banking process is significant as the banks firstly will depend on bitcoin like digital currency called Lumes to ease the payments made across multiple countries. Bridget van Kralingen, senior vice president of IBM Industry Platforms, "With the guidance of some of the world's leading financial institutions, IBM is working to explore new ways to make payment networks more efficient and transparent so that banking can happen in real-time, even in ...
  • Ruby Tuesday Swallowed By PE Firm In Roughly $355M Deal

    Ruby Tuesday Swallowed By PE Firm In Roughly $355M Deal

    Economy

    Terms of the deal call for shareholders to receive $ 2.40 per share for each share of Ruby Tuesday stock they own. The investigation centers on whether Ruby Tuesday's Board of Directors is acting in the shareholders' best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction.