Economy

Moreover, Hightower Limited Liability Co has 0% invested in XPO Logistics , Inc. The stock increased 0.17% or $0.16 during the last trading session, reaching $92.34. The legal version of this report can be viewed at https://stocknewstimes.com/2018/01/08/xpo-logistics-xpo-upgraded-by-zacks-investment-research-to-buy.html.
  • Parametric Portfolio Associates LLC Lowers Position in Alibaba Group Holding Ltd (BABA)

    Parametric Portfolio Associates LLC Lowers Position in Alibaba Group Holding Ltd (BABA)

    Economy

    Daniel Lascano increased its stake in Alibaba Group Hldg Ltd ( BABA ) by 9.2% based on its latest 2017Q3 regulatory filing with the SEC. Partner Fund Management Lp sold 338,705 shares as the company's stock rose 22.58% with the market. On Thursday, September 21 the insider Subramaniam Rajesh sold $1.48M. $2.20M worth of FedEx Corporation (NYSE:FDX) shares were sold by Colleran Donald F.
  • EPS Forecast Revision Scan: Portland General Electric Company (POR)

    Economy

    Credit Capital Investments Llc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $210.54B market cap company. As per Friday, September 1, the company rating was maintained by BMO Capital Markets. The company was initiated on Friday, July 8 by Piper Jaffray. Commonwealth Of Pennsylvania School Empls Retrmt Systems has invested 0.25% in General Electric Company (NYSE:GE).
  • Valero Energy Corp. (VLO) Receives $68.60 Consensus PT from Analysts

    Economy

    Bokf Na reported 24,426 shares or 0.05% of all its holdings. Greenwood Cap Associates Limited Liability Company has invested 0.52% in Valero Energy Corporation (NYSE:VLO). Therefore 45% are positive. The company was maintained on Thursday, December 21 by Scotia Capital. The rating was downgraded by Citigroup to "Neutral" on Tuesday, January 17.
  • Analysts See $0.84 EPS for Southwest Airlines Co. (LUV)

    Economy

    It increased, as 69 investors sold LUV shares while 249 reduced holdings. The Stock declined-1.13% and closed its last trading session at $55.02. Southwest Airlines Co . Therefore 47% are positive. JPMorgan Chase & Co had 99 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, July 22 the stock rating was maintained by Cowen & Co with "Outperform".
  • Aanchal Thakur Becomes First Indian to Win an International Medal in Skiing

    Aanchal Thakur Becomes First Indian to Win an International Medal in Skiing

    Economy

    A 21-year-old woman has become the first Indian to win a medal at an worldwide skiing event, prompting celebration on social media. In a tweet, Mr Modi said "the entire nation is ecstatic" over Ms Thakur's "historic accomplishment". As reported by Times of India, Aanchal expressed herself after winning the medal and said, "Months of training have finally borne fruit". "Aanchal called me on WhatsApp and showed me the medal".
  • Reports say China may slow US Treasury purchases, trade tensions cited

    Reports say China may slow US Treasury purchases, trade tensions cited

    Economy

    New Zealand government bonds slumped at the time of closing Wednesday, tracking softness in the U.S. Treasuries amid a rise in China's consumer price-led inflation index for the month of December. Any reduction in Chinese purchases would come just as the USA prepares to boost its supply of debt. "For years they have been bothered by the fact that they are so heavily invested in one particular class of US bonds, so it's just a question of time before would try to diversify".
  • Rafael Nadal loses his first match of the year to Richard Gasquet

    Rafael Nadal loses his first match of the year to Richard Gasquet

    Economy

    World number one Rafael Nadal withdrew from his first tour event of 2018, in Brisbane, with continuing knee problems, and is seeking match practice in a Melbourne exhibition event ahead of the January 15 start. If there is to be a victor outside the top guns in Melbourne , those who look most likely are Bulgarian Dimitrov, third in the rankings behind Nadal and Federer, Germany's Zverev and tempestuous Australian Nick Kyrgios .
  • Tesla's new Gigafactory aims to revolutionise rooftop solar

    Tesla's new Gigafactory aims to revolutionise rooftop solar

    Economy

    A group of the Tesla employees signed up for prototype testing, and the company will be ready to begin installing the shingles in the coming months. New York's state government committed over $750 million in aid to help the construction of the factory that is 1.2 million square feet and that at this time is already employing 500 people.
  • Analysts See $0.77 EPS for QUALCOMM Incorporated (QCOM)

    Economy

    In the last quarter, insiders have sold 29,989 shares of company stock valued at $1,868,744. Jacobi Capital Management LLC grew its stake in shares of QUALCOMM by 7.8% during the second quarter. The firm has "Hold" rating given on Tuesday, October 31 by Raymond James. Finally, Vetr upgraded shares of QUALCOMM from a "hold" rating to a "buy" rating and set a $75.00 target price on the stock in a research report on Monday, November 27th.
  • Berkshire Promotes Potential Buffett Successors Abel, Jain

    Berkshire Promotes Potential Buffett Successors Abel, Jain

    Economy

    Buffett's investment deputies, Todd Combs and Ted Weschler, are in position to eventually succeed Buffett as Berkshire's chief investment officer, while Buffett's son Howard is expected to become Berkshire's non-executive chairman. Changes are afoot at Warren Buffett's conglomerate Berkshire Hathaway today, with two new board director positions being created, one of which sees long-time reinsurance chief Ajit Jain becoming Vice Chairman of Insurance Operations.
  • Video shows monorail driving with doors open at Walt Disney World

    Video shows monorail driving with doors open at Walt Disney World

    Economy

    The train has been removed from service, park officials said. It reopened moments into the journey as they traveled around a bend. "Everyone was very wide-eyed and holding very tightly to rails and seats", the guest said in an email. 'We weren't aware it was there. She heard an announcement that the train would take no passengers and was returning to the yard. The monorail moves from 15 to 40 mph and covers a 14-miles span around the resort, according to the 2007 book "The Complete Guide ...
  • Consumers spend more time on Snapchat than Instagram

    Consumers spend more time on Snapchat than Instagram

    Economy

    Snap had said in May that users spend over 30 minutes on the app. Compare that to Instagram, which said in August that younger users spend about 32 minutes per day on its app. Overall, fewer than 21 percent of Snapchat daily users view Discover content, with its usage peaking on July 24, according to the data provided to Daily Beast .
  • NYSE seeks SEC permission to list five bitcoin-related ETFs

    NYSE seeks SEC permission to list five bitcoin-related ETFs

    Economy

    Unlike mutual funds, an ETF trades like a common stock on a stock exchange. After myriad twists and turns, some 23 filings for bitcoin ETFs have reached regulators in the past few years, and the number seems to be growing now that bitcoin futures are a reality.
  • Profit warning for Mothercare after a hard Christmas

    Profit warning for Mothercare after a hard Christmas

    Economy

    Mothercare saw sales plummet in the run up to Christmas, causing the retailer to issue a profit warning. Mothercare shares slumped in early trading by around 30% to 45p. However the retailer said it had seen a return to moderate growth in the Middle East, where the company has over 350 stores, during the last seven weeks.
  • Sainsbury's raises profit forecast after enjoying record Christmas

    Sainsbury's raises profit forecast after enjoying record Christmas

    Economy

    The company said grocery sales increased by 2.3%, slightly behind the pace of food price inflation , but ahead of its 1.4% growth in the previous quarter. "Customers bought more Taste the Difference food than previous year as people treated themselves and our popular 25p veg lines helped our customers live well for less".
  • Bernanke sees Powell's Fed looking at new inflation target regimes

    Bernanke sees Powell's Fed looking at new inflation target regimes

    Economy

    He anxious about the "issue of credibility" that has resulted from persistently below-target inflation, which makes it look "like the central bank is not committed to its goals". "But it is a question for the profession itself, and we do need people thinking about this". Earlier on Monday, San Francisco Fed President John Williams said the Fed could better fight a recession by committing to keep interest rates lower for longer to keep average inflation on a steady upward path over the years, ...
  • Telecom Commission approves spectrum holding limits

    Telecom Commission approves spectrum holding limits

    Economy

    The Department of Telecom ( DoT ) will send drafts of the relief package cleared by the Telecom Commission based on the recommendations of an inter-ministerial panel to Cabinet this week for final approval. The department then asked the Trai for its views, which came out in November past year. On the other side, some stakeholders advocated that existing intra-band spectrum cap should be retained.
  • Full list: FDI amendments cleared by Union Cabinet today

    Full list: FDI amendments cleared by Union Cabinet today

    Economy

    The Cabinet also approved foreign direct investment up to 49% under approval mechanism in national carrier Air India to facilitate its divestment process. This condition was relaxed subject to certain conditions. The government, on the other hand, has pushed the proposal with a view to provide an investor-friendly climate to foreign players and in turn attract more FDI to boost economic growth, which it expects will create jobs.