Economy

The Australian government on Wednesday issued a mandatory recall for almost 4 million vehicles to replace defective Takata airbags, including 850,000 that had previously gone unrecalled. In total, at least 100 million units across all auto manufacturers have been affected globally. Manufacturers including BMW , Mazda and Mitsubishi have already called for state road authorities to block people from registering vehicles still equipped with potentially risky airbags.
  • An Eye on Risk Factors - National Oilwell Varco Inc (NYSE: NOV)

    Economy

    Pinnacle Financial Partners Inc sold 19,935 shares as National Oilwell Varco Inc ( NOV)'s stock declined 11.45%. The median estimate represents a -1.14% increase from the last price. Old Second State Bank Of Aurora reported 2,894 shares stake. Jefferies maintained National Oilwell Varco, Inc . National Oilwell Varco, Inc is an oilfield equipment manufacturer and technology provider.
  • Gun rights supporters hold counter-protest to March for Our Lives

    Gun rights supporters hold counter-protest to March for Our Lives

    Economy

    Michael McBride, director of the advocacy campaign Live Free, recently wrote in an op-ed in the Washington Post , saying "The ears of our nation have still not been trained to hear the prophetic voices of poor youths of color". "I think guns are dumb". "If they continue to ignore us, to only pretend to listen , we will take action where it counts", Delaney Tarr, a student at Marjory Stoneman Douglas High School in Parkland, where a gunman killed 17 people last month, told tens of ...
  • Analysts See $0.10 EPS for United Continental Holdings, Inc. (UAL)

    Analysts See $0.10 EPS for United Continental Holdings, Inc. (UAL)

    Economy

    The stock decreased 1.51% or $0.0753 during the last trading session, reaching $4.9247. About 678,113 shares traded. (NYSE: UAL ) earned "Outperform" rating by Raymond James on Tuesday, August 30. (NYSE: UAL ). Exxonmobil Invest Management Tx has invested 0.07% in United Continental Holdings, Inc . Advisor Ptnrs Lc holds 0.06% in United Continental Holdings, Inc .
  • Bank to pay $2 billion penalty over toxic mortgages

    Bank to pay $2 billion penalty over toxic mortgages

    Economy

    Paul Menefee, the former head of Barclays' subprime securitisation, and John Carroll, was who the bank's head trader for subprime loan acquisitions, also agreed to pay a total of US$2mln to settle claims against them. Richard Donoghue, US attorney for the eastern district of NY, said: "This settlement reflects the ongoing commitment of the Department of Justice, and this Office, to hold banks and other entities and individuals accountable for their fraudulent conduct".
  • Short Term Trend Watch - Exxon Mobil Corporation (XOM)

    Economy

    Wehner David M. sold $2.66M worth of stock. Exxon Mobil Corporation (XOM ) shares have been seen trading -15.97% off its 52 week- peak value and changed 2.05% from its 52 week-bottom price value. The firm has "Hold" rating given on Wednesday, October 25 by Stifel Nicolaus. Deutsche Bank maintained Crown Castle International Corp. Investors sentiment decreased to 0.84 in Q3 2017.
  • Bomb threat forces Delhi-Kolkata Air India flight at Kolkata airport

    Bomb threat forces Delhi-Kolkata Air India flight at Kolkata airport

    Economy

    Air India flight AI 020 scheduled to travel between Delhi and Kolkata had to be grounded at the Indira Gandhi International Airport here on Wednesday following a bomb scare, Air India officials said. Over Rs 24,576 crore of interest-bearing debt will be transferred to the new Air India, while the remaining Rs 25, ooo crore will stay with the asset holding company.
  • PNB to settle all LoUs it issued to Nirav firms

    PNB to settle all LoUs it issued to Nirav firms

    Economy

    This measure will ensure that India's banking system at large has the least possible disruption owing to the unfortunate fraud and banking operations will continue to function smoothly, it said after the board meeting. The arrest was made in connection with the alleged fraudulent issuance of 150 Letters of Undertaking (LoUs) worth Rs 6,498 crore through a Punjab National Bank branch and subsequently laundering of the funds so raised.
  • Aircraft suffers tyre burst while landing at Hyderabad Airport

    Aircraft suffers tyre burst while landing at Hyderabad Airport

    Economy

    The incident occurred around 10.30 p.m when the aircraft was landing on the runway. On March 16, a brand new P&W engine-powered ATR aircraft of IndiGo's maiden flight from Toulouse to New Delhi was aborted and had to return to the French facility due to low oil pressure.
  • Walt Disney (DIS) Given Daily Media Sentiment Rating of 0.17

    Economy

    The hedge fund run by Ken Fisher held 62,744 shares of the other pharmaceuticals company at the end of 2017Q4, valued at $5.76M, down from 66,678 at the end of the previous reported quarter. Canaccord Genuity has "Hold" rating and $170.0 target. Vanguard Group Inc. raised its holdings in shares of Walt Disney by 2.2% in the 2nd quarter. It also increased its holding in Tripadvisor Inc (NASDAQ:TRIP) by 621,000 shares in the quarter, for a total of 3.32 million shares, and has risen its stake in ...
  • Constellation Brands results beat on higher demand for Corona beer

    Constellation Brands results beat on higher demand for Corona beer

    Economy

    Advisors Capital Management Llc who had been investing in Constellation Brands Inc Cl A for a number of months, seems to be bullish on the $42.99 billion market cap company. Vetr raised shares of Constellation Brands from a "buy" rating to a "strong-buy" rating and set a $238.15 target price for the company in a report on Monday, February 12th.
  • Valpak is randomly mailing out $100 checks with your coupons

    Valpak is randomly mailing out $100 checks with your coupons

    Economy

    Starting later this month, checks will be randomly placed in specially marked envelopes every month in 2018 in all 150 Valpak markets in the United States. "Also, winners will not be solicited or contacted by Valpak or its advertisers", reads a portion of the press release announcing the checks. The program is meant to reward consumers for opening their envelopes and looking through the money-saving offers.
  • Geron (GERN) Shares Down 13.9%

    Economy

    Wall Street analysts covering the stock are projecting that the stock will reach $5.5 within the next 52-weeks. Japan's benchmark Nikkei 225 pared gains of more than 1 percent seen earlier to dip 0.1 percent as the yen firmed slightly after falling overnight.
  • Teetering Stock: Novavax, Inc. (NASDAQ:NVAX)

    Economy

    Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. Typically, the lower the value, the more undervalued the company tends to be. The company P/E (price to earnings) ratio is 0 and Forward P/E ratio is 0.
  • Shares of Tesla Drop After US Begins Crash Investigation and Moody's Downgrade

    Shares of Tesla Drop After US Begins Crash Investigation and Moody's Downgrade

    Economy

    A representative for Tesla declined to comment. Vetr upgraded shares of Tesla from a "sell" rating to a "hold" rating and set a $336.07 price objective for the company in a research report on Monday, February 5th. The analyst further noted, "For a company widely expected to continue to fund its strategy through external capital raises, a fall in the share price can take on a self-fulfilling nature that further exacerbates the volatility of the share price".
  • Drilling Down Into Sempra Energy (SRE)

    Economy

    Shares of Qualcomm and Intel rose 4.6 percent and 6.3 percent, respectively, on the news. Churchill Management Corp decreased Sempra Energy Com (SRE) stake by 4.66% reported in 2017Q3 SEC filing. 715,433 were reported by Strs Ohio. Qs Invsts Lc holds 0% or 400 shares. The stock of Sempra Energy (NYSE:SRE) has "Neutral" rating given on Thursday, October 12 by JP Morgan.
  • Netflix Stock Set to Slide Despite Bullish Barclays Note

    Netflix Stock Set to Slide Despite Bullish Barclays Note

    Economy

    Asian stocks posted declines after USA stock indexes closed lower as tech names weighed on the broader markets. About 13.33M shares traded. It has underperformed by 49.81% the S&P500. (NASDAQ: NFLX ) earned "Outperform" rating by Oppenheimer on Tuesday, July 19. As per Thursday, January 5, the company rating was downgraded by Wunderlich.
  • (NYSE:MCD) Stake Boosted by Ledyard National Bank

    (NYSE:MCD) Stake Boosted by Ledyard National Bank

    Economy

    American Money Management Llc who had been investing in Mc Donalds Corp for a number of months, seems to be less bullish one the $126.07B market cap company. BMO Capital Markets maintained the shares of MCD in report on Monday, March 12 with "Buy" rating. Goldman Sachs reiterated a "buy" rating and set a $186.00 price objective on shares of McDonald's in a research note on Friday, March 23rd.