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Economy

The greenback clawed back some of the losses after President Donald Trump said he ultimately wants the dollar to be strong. Trump said Treasury Secretary Steven Mnuchin's comments a day earlier in which he said a "weaker dollar is good for trade" were taken out of context.
  • Ariane 5 loses contact with ground control after upper stage ignition

    Ariane 5 loses contact with ground control after upper stage ignition

    Economy

    Arianespace said they were now "repositioning the satellites in the right place using their propulsion systems" adding that their current status was "reassuring after strong concerns". In an unusual arrangement for NASA, the SES-14 comsat hosted the agency's Global-Scale Observations of the Limb and Disk - GOLD - experiment package, created to monitor Earth's upper atmosphere and how it interacts with the planet's magnetic field and near-Earth space.
  • For investments, India emerges 5th most attractive market: PwC survey

    For investments, India emerges 5th most attractive market: PwC survey

    Economy

    Even among more pessimistic nations such as Japan and Britain, confidence in worldwide growth has more than doubled since a year ago. "The US remains the top spot for global investment , while India moves into the top 5", PwC's 21st CEO Survey said, adding that optimism among chief executives in the economic and business environment worldwide is expected to continue at least over the next 12 months.
  • Jackson Browne concert target of freaky terror threats referencing Las Vegas shooting

    Jackson Browne concert target of freaky terror threats referencing Las Vegas shooting

    Economy

    Orlando authorities told Newsweek that they are increasing security at the Jackson Browne concert, set to take place Tuesday night at the Dr. Phillips Center. Although it is not yet clear, if the banner is a threat locally, WLPD Lt. Jonathan Eager said police are taking it seriously. A banner was put up at a church in IN that included expletives and the word 'Orlando'.
  • Jose Mourinho uses orange metaphor for Alexis Sanchez

    Jose Mourinho uses orange metaphor for Alexis Sanchez

    Economy

    It appears Alexis Sanchez's arrival at United could have been a key factor in Mourinho committing his future to the club and it's actually somewhat surprising he hasn't signed a longer deal given the glowing praise from executive vice-chairman Ed Woodward.
  • PM Abbasi to attend World Economic Forum in Davos

    PM Abbasi to attend World Economic Forum in Davos

    Economy

    Pakistan, he said, recognised the initiative of Chinese President Xi Jinping who had created global connectivity for tomorrow through his vision. The panelists explored implications for regional collaboration and the expansion of clean infrastructure.
  • (MRK) Shares Sold by Horan Capital Advisors LLC

    Economy

    Merck & Co Inc now has $166.68B valuation. About 305,691 shares traded. (NYSE:JPM) has risen 33.74% since January 25, 2017 and is uptrending. It has underperformed by 15.78% the S&P500. Credit Suisse maintained Merck & Co., Inc. Inc. had 73 analyst reports since August 13, 2015 according to SRatingsIntel. FineMark National Bank & Trust lifted its holdings in shares of Merck & Co., Inc.
  • China & US Join Forces To Stop Postal Service Drug Trade

    China & US Join Forces To Stop Postal Service Drug Trade

    Economy

    Portman said. The committee's investigators reported they were able to contact six "very responsive" sellers trying to market fentanyl or other synthetic opioids. "They also found obituaries and death records showing that seven buyers died of fentanyl-related overdoses". "Individuals in Ohio, Pennsylvania and Florida made the highest number of purchases", a subcommittee investigator said.
  • United Kingdom posts strong quarterly development

    United Kingdom posts strong quarterly development

    Economy

    Growth was expected to be 1 .4%. GDP rose 1.5 from a year earlier, the weakest pace since early 2013. Services, the dominant sector of the United Kingdom economy, once again account for the majority of growth over the data period. "Today's data is another positive surprise for the economy that puts pressure on the Bank of England to raise interest rates for a second time sooner rather than later", Jasper Lawler, head of research at London Capital Group, said.
  • Costco Wholesale Corporation (COST)

    Economy

    The company has market cap of $2.95 billion. The Weekly Volatility is 0.77% and the Monthly Volatility is 0.99%. 235.49 million shares or 0.84% less from 237.49 million shares in 2017Q2 were reported. It also reduced its holding in Cbs Corp New (NYSE:CBS) by 5,175 shares in the quarter, leaving it with 9,183 shares, and cut its stake in Synchrony Finl (NYSE:SYF).
  • FY2017 EPS Estimates for Verizon Communications Inc. (NYSE:VZ) Cut by KeyCorp

    FY2017 EPS Estimates for Verizon Communications Inc. (NYSE:VZ) Cut by KeyCorp

    Economy

    CorVel Corporation (CRVL) has declined 2.33% since January 25, 2017 and is downtrending. It has underperformed by 16.70% the S&P500. Oakwood Capital Management Llc sold 101,041 shares as Verizon Communications (VZ)'s stock declined 7.66%. HSBC initiated the shares of VZ in report on Thursday, January 19 with " Buy " rating. Drexel Hamilton upgraded the shares of VZ in report on Monday, October 24 to " Buy " rating.
  • Targeted Movers: Celgene Corporation (CELG), Northern Trust Corporation (NTRS)

    Economy

    Celgene Corporation was covered by a number of analysts recently, 11 rated the stock as Buy, 6 rated Outperform, 13 rated Hold, 1 gave an Underperform and 0 rated sell. Janus Henderson Group PLC now owns 8,408,961 shares of the biopharmaceutical company's stock worth $1,092,071,000 after acquiring an additional 8,217,433 shares during the period.
  • Analyst Overview: Amazon.com, Inc. (AMZN), Carnival Corporation (CCL)

    Economy

    Loomis Sayles And Ltd Partnership accumulated 2.09M shares or 4.39% of the stock. (NYSE:MO). Webster Bank & Trust N A holds 0.12% in Altria Group, Inc. Chartist Inc sold 2 shares as Amazon Com Inc (AMZN)'s stock rose 13.58%. (NASDAQ:AMZN) has "Buy" rating given on Wednesday, August 26 by Evercore. $697,038 worth of stock was sold by WILKE JEFFREY A on Tuesday, August 15.
  • Isthmus Partners LLC Reduces Position in Union Pacific Co. (NYSE:UNP)

    Isthmus Partners LLC Reduces Position in Union Pacific Co. (NYSE:UNP)

    Economy

    The stock decreased 0.12% or $0.17 during the last trading session, reaching $141.19. Carbonite, Inc. (NASDAQ:CARB) has risen 113.73% since January 25, 2017 and is uptrending. (NASDAQ:CARB). Ardsley Advisory Prns owns 245,000 shares or 0.72% of their United States portfolio. Among 14 analysts covering Waste Management Inc.
  • Robinhood introduces free bitcoin trading

    Robinhood introduces free bitcoin trading

    Economy

    The company announced Thursday that it has plans to roll out trading services for Bitcoin and Ethereum via its mobile app in the coming month. The new crypto trading feature will be initially launched in the states of California, Massachusetts, Missouri, Montana, and New Hampshire , with the remaining states to follow soon afterward.
  • Stock Movements - Lam Research Corporation (LRCX)

    Economy

    Flippin Bruce & Porter Inc who had been investing in Procter & Gamble for a number of months, seems to be less bullish one the $225.18B market cap company. The firm earned "Positive" rating on Tuesday, January 16 by Susquehanna. 1/22/2018-DA Davidson Reiterated Rating of Buy. In general, if the reading goes above -20, the stock may be considered to be overbought.
  • Strategic Financial Services Inc Grows Stake in Walt Disney Co (NYSE:DIS)

    Economy

    Bedell Frazier Investment Counseling Ltd Liability Corp invested in 83,562 shares or 3.8% of the stock. About 7.21M shares traded. Tupperware Brands Corporation (NYSE:TUP) has risen 29.01% since January 25, 2017 and is uptrending. Shareholders of record on Monday, December 11th were given a dividend of $0.84 per share. The company now has an insider ownership of 0.1 Percent and Institutional ownership of 63.4 Percent.
  • Analyzing the Insider Data for The Coca-Cola Company (KO)

    Analyzing the Insider Data for The Coca-Cola Company (KO)

    Economy

    The corporation has a market cap of US$5.45 Billion. The forecast of 0 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Troy Asset Management Ltd bought a new position in shares of The Coca-Cola during the 3rd quarter valued at $260,266,000. 31,493 were accumulated by Oakworth Capital.
  • A big star joins Big Little Lies

    A big star joins Big Little Lies

    Economy

    According to HBO, Mary Louise will arrive in Monterey "searching for answers" about Perry's death, and will be "concerned for the well-being of her grandchildren". Big Little Lies already had one of the best casts on television, and it just got even better. Written by Ally McBeal creator David E Kelley, the series is adapted from the Liane Moriarty book of the same name, and documents the events leading up to a murder in the cliquey, coastal town of Monterey in California.
  • Home sales reach decade-high level in 2017

    Home sales reach decade-high level in 2017

    Economy

    The yearly sales, which are based on a 12-month average, also cracked the 600,000-unit mark for the first time in a decade. The new-home sales market is a fraction of the size of the existing-home market, where 5.5 million homes were estimated to have been sold in 2017.