Economy

Defense Secretary Jim Mattis is assembling a panel of experts to discuss the matter of openly transgender individuals already serving in the US military. But he agreed with Wit that "there is a danger of mixed messaging, because the US government, I believe, is trying to find a way back to the bargaining table".
  • US July Core PCE Price Index Rose 0.1%, Jobless Claims Increased Marginally

    Economy

    Core prices (excluding food & energy) rose 0.1% month-on-month, but year-on-year core PCE inflation fell back slightly to 1.4% from 1.5% in June. Americans are unlikely to keep dipping into their savings to pay for what they buy, suggesting somewhat slower spending in the months ahead unless incomes rise even faster.
  • Otonomy, Inc. (NASDAQ:OTIC) Drops into Oversold RSI Range

    Otonomy, Inc. (NASDAQ:OTIC) Drops into Oversold RSI Range

    Economy

    The stock has "Buy" rating by Janney Capital on Thursday, December 3. Cowen & Co maintained the stock with "Buy" rating in Friday, July 7 report. See Glu Mobile Inc. Metropolitan Life Insur reported 744,269 shares stake. Livforsakringsbolaget Skandia Omsesidigt invested in 123,917 shares or 0.24% of the stock. Teachers Advisors LLC increased its stake in shares of Otonomy by 5.0% in the fourth quarter.
  • Amazon is getting sued for selling crappy eclipse glasses

    Amazon is getting sued for selling crappy eclipse glasses

    Economy

    Corey Payne and Kayla Harris alleged in a lawsuit filed this week that they experienced headaches, eye-watering, and distorted and blurry vision after watching the total solar eclipse on August 21. On August 10, the company issued a recall , stating that they were unable to verify if they were safe or not. The popularity of the event had caused a rush of orders for the glasses, and the online retailer was overrun by bogus knockoffs that didn't offer the required safety features to offset ...
  • Eric Schmidt reportedly pressured think tank into firing Google critic

    Eric Schmidt reportedly pressured think tank into firing Google critic

    Economy

    This small, brilliant team was doing what we need more of in America: introducing truly new ideas, following facts, proposing solutions, challenging power, and doing so with integrity, thoroughness and imagination. "The problem with monopolies is not merely economic, it is that they form into a political power themselves and as Lord Acton said, power corrupts", said the former fellow.
  • Harvey could cause gas prices to rise in Montreal

    Economy

    US prices are expected to spike over the next week or more as about 10 refineries representing more than 15 per cent of the nation's refining capacity are closed, including ExxonMobil, Shell and Phillips 66 operations. But there's another wrinkle: Over the past decade or so, the Gulf Coast has seen an enormous boom in shale oil production - a form of oil production with land-based facilities.
  • SpaceX Hyperloop pod breaks its own record with 355kph speed run

    SpaceX Hyperloop pod breaks its own record with 355kph speed run

    Economy

    As it turned out, the pod just about trumped the winning team achieving a top speed of 355kph, but Musk added that at that point things began to heat up, and not in a good way describing it as like "racing in a tugboat". The concept involves pods or capsules travelling at extreme high speeds through reduced-pressure or vacuum tubes driven by linear induction motors and air compressors.
  • Pernod Ricard posts 13% rise in net profit for full financial year

    Pernod Ricard posts 13% rise in net profit for full financial year

    Economy

    Acceleration was largely due to a number of its "Strategic International Brands" including Martell (+6%) and Absolut (+2%) which both saw a return to growth over the past year. In a statement, Alexandre Ricard, chairman and CEO, said he is confident that the company will continue to improve its business performance, before setting FY18 organic growth in profit from recurring operations forecast between +3% and +5%.
  • Crude prices continue to decline

    Crude prices continue to decline

    Economy

    The jump came after the Colonial Pipeline, the biggest US fuel system, said it would shut its main lines to the Northeast by Thursday, hit by outages at pumping points and lack of supplies from refiners. Motiva's massive oil refinery in Port Arthur, the largest in the country, is now running at 40% capacity, according to the company. Matt Smith, director of commodities research at ClipperData, said the emergency stockpile release is likely aimed at helping to fill up the Colonial Pipeline.
  • Trending Stock in Review: Energy Transfer Partners, LP (ETP)

    Economy

    Among 20 analysts covering Energy Transfer Partners (NYSE:ETP), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 35% are positive. Energy Transfer Partners, L.P. Mai Cap Mngmt owns 0.29% invested in Energy Transfer Equity LP (NYSE:ETE) for 210,024 shares. Provise Gru Inc Limited Com reported 0.1% of its portfolio in Energy Transfer Equity LP (NYSE:ETE).
  • Washington Trust Bank Acquires 168 Shares of Procter & Gamble Company (The) (PG)

    Washington Trust Bank Acquires 168 Shares of Procter & Gamble Company (The) (PG)

    Economy

    The Inverness Counsel Llc holds 209,187 shares with $18.27M value, up from 177,303 last quarter. Scynexis Inc now has $52.11 million valuation. The stock increased 0.02% or $0.01 during the last trading session, reaching $51.68. The stock's average target of $94 is 2.05% above today's ($92.11) share price. Since May 1, 2017, it had 0 insider purchases, and 7 selling transactions for $17.28 million activity.
  • Focusing the Lens on Fiat Chrysler Automobiles NV (FCAU) Shares

    Focusing the Lens on Fiat Chrysler Automobiles NV (FCAU) Shares

    Economy

    Fiat Chrysler Automobiles N.V. has a 52 week low of $6.05 and a 52 week high of $15.06 with a P/E ratio of 6.86 The company's market cap is now $0. The stock has "Buy" rating by Jefferies on Tuesday, August 9. TRADEMARK VIOLATION NOTICE: "Fiat Chrysler Automobiles N.V. (FCAU) Rating Lowered to Hold at Zacks Investment Research " was posted by TrueBlueTribune and is owned by of TrueBlueTribune.
  • Capital LLC Acquires Shares of 150603 Vail Resorts, Inc. (MTN)

    Economy

    Investors are more bullish recently if you consider the downtick in short interest. About 111,783 shares traded. The stock of Vail Resorts, Inc . It has outperformed by 44.38% the S&P500. (NYSE:MTN) shares with value of $1.85 million were sold by HERNANDEZ ROLAND A . The correct version of this story can be viewed at https://www.truebluetribune.com/2017/08/31/zacks-investment-research-downgrades-vail-resorts-inc-mtn-to-sell.html.
  • Vail Resorts Inc (NYSE:MTN) Institutional Investor Sentiment Is 1.41

    Economy

    Canada Pension Plan Investment Board lowered its position in Vail Resorts, Inc . It has outperformed by 44.38% the S&P500. Kcg Holdings Inc increased Glaxosmithkline Plc (GSK) stake by 302.83% reported in 2016Q4 SEC filing. SORTE JOHN F had sold 6,082 shares worth $1.14M. Vail Resorts, Inc.is a holding company. The value in dollars increased from $3,362,000 to $3,425,000 a change of 1.9% quarter over quarter.
  • Campbell Soup Company (NYSE:CPB) Sees Unusual Trading Volume in Its Shares

    Campbell Soup Company (NYSE:CPB) Sees Unusual Trading Volume in Its Shares

    Economy

    Next year this growth will reach 35.8% to attain $5.5. "While Campbell Fresh sales increased slightly and the bottom line was disappointing, we expect to return to profitable growth going forward". Depending on the earnings numbers reported, Campbell Soup Company (NYSE:CPB) stock may see increased volatility following the report. Douglass Winthrop Advisors Limited Liability Company reported 0.06% in Campbell Soup Company (NYSE:CPB).
  • JJ Watt's Hurricane Relief Fund Has Now Reached $7M Since Sunday Night

    Economy

    Big donations have come in from people like new Houston Rockets point guard Chris Paul , whose $50,000 contribution pushed the efforts over $500,000 on Day 1. On another video, Watt stated that he will do everything to make the money reach those who are really in need as soon as possible. Every little bit counts.