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Economy

Weatherly Asset Management decreased Wells Fargo & Co New ( WFC ) stake by 6.29% reported in 2016Q4 SEC filing. Archon Partners Llc sold 18,500 shares as Wells Fargo & Co New (WFC)'s stock declined 8.66%. Capital One National Association reported 104,725 shares or 0.43% of all its holdings. Capstone Invest Advisors Limited Liability Corporation has invested 0.07% in Wells Fargo & Co (NYSE:WFC).
  • Hurricane Irma: Storm hits west coast of Florida

    Hurricane Irma: Storm hits west coast of Florida

    Economy

    East of Tampa , winds knocked a utility pole and power lines onto a sheriff's cruiser late Sunday in Polk County . Reed warned the power lines and trees could fall as winds grow stronger. In Florida, the state's biggest electric company said its outages came to more than 3.6 million by 8:30 a.m. on Monday. So, making sure that all of my electronics are charged, having foods that don't need to stay cold to eat, water.
  • NextEra Energy, Inc. (NEE)

    Economy

    Morgan Stanley raised their price objective on NextEra Energy from $163.00 to $167.00 and gave the stock an overweight rating in a research report on Thursday, August 10th. It has outperformed by 17.62% the S&P500. Investors with a record date on early Fri, Aug 25th will be paid dividend of $0.9825 for a share. this indicates a $3.93 dividend on a yearly basis and a payout of of 2.65%.
  • Jefferies Group Equities Analysts Cut Earnings Estimates for Inmarsat PLC (IMASY)

    Jefferies Group Equities Analysts Cut Earnings Estimates for Inmarsat PLC (IMASY)

    Economy

    The firm has "Outperform" rating given on Thursday, January 19 by Credit Suisse. As per Wednesday, May 3, the company rating was maintained by Peel Hunt. Therefore 76% are positive. GKN PLC has GBX 780 highest and GBX 225 lowest target. They now have a GBX 1435.00 price target on the company. London: In an analyst report revealed to investors and clients on 8 September, Macquarie reaffirmed their Outperform rating on shares of Telecom Plus (LON:TEP).
  • Insiders Selling, Short Interest Growing Ball Corporation (NYSE:BLL)

    Economy

    Glen Harbor Capital Management LLC now owns 8,942 shares of the industrial products company's stock valued at $664,000 after purchasing an additional 1,530 shares during the period. Amer Intl Group Inc holds 0.02% or 65,237 shares in its portfolio. Bailard holds 0.13% of its portfolio in Ball Corporation (NYSE:BLL) for 19,745 shares.
  • What Are Analysts Opinions On Anadarko Petroleum Corporation (APC)

    What Are Analysts Opinions On Anadarko Petroleum Corporation (APC)

    Economy

    When it comes to the Analysis of a Stock, Price Target plays a vital role. On Wednesday, May 4 the stock rating was downgraded by Alembic to "Neutral". Since January 1, 0001, it had 5 insider buys, and 1 sale for $102,582 activity. Shares for $538,600 were sold by Stultz Timothy J . The insider WILTZ JAMES W sold 10,000 shares worth $455,240.
  • Delta Air Lines Inc. (DAL) Position Maintained by DnB Asset Management AS

    Economy

    Berkshire Hathaway Inc owns $2.5 billion in Delta Air Lines, Inc., which represents roughly 7.22% of the company's market cap and approximately 8.41% of the institutional ownership. Psagot House Limited has invested 0.09% in Delta Air Lines, Inc. (NYSE:DAL). State Of Tennessee Treasury Department holds 825,384 shares or 0.21% of its portfolio.
  • Goldman Sachs to take on United Kingdom banking sector

    Goldman Sachs to take on United Kingdom banking sector

    Economy

    Goldman Sachs, the major New York-based, NYSE-listed asset manager and financial services company, is planning to enter the UK's retail banking sector, in what is being seen as its latest move away from traditional institutional and investment banking, and in the direction of "Main Street".
  • Tesla opens downtown Chicago charging station

    Tesla opens downtown Chicago charging station

    Economy

    It was created to eliminate so-called "range anxiety" and to enable owners to travel long distances in their cars. The new locations include 10 stalls in Chicago at 225 North Columbus Drive, and 8 stalls at 800 Boylston Street in Boston. Tesla's highway Superchargers deliver up to 120 kilowatts; they can charge up a auto in 30 to 40 minutes. The new stations, which take up less space and are easier to install that previous models, can deliver 72 kilowatts of dedicated power to each vehicle.
  • Beijing and Bitcoin Don't Mix

    Beijing and Bitcoin Don't Mix

    Economy

    The move has been described as a ban on "virtual currency trading services". Those quotes are not entirely clear, but it would appear that the Chinese central government has decided that the easiest way to deal with ICOs and related crypto issues is to simply ban all them, at least for now.
  • Facebook fined €1.2 million in Spain

    Facebook fined €1.2 million in Spain

    Economy

    According to the AEPD, the tech giant did not sufficiently inform users about how it would use data collected on third-party websites, and did not obtain consent to use it. "However, we do not use this information to target adverts to people", it said. The 1.2 million euro fine is a fraction of Facebook's quarterly revenue of about $8 billion and stock market capitalization of around $435 billion.
  • Search giant appeals €2.4bn fine — Google vs EU

    Search giant appeals €2.4bn fine — Google vs EU

    Economy

    The search giant was given 90 days to end its anti-competitive practices or face a further fine amounting to 5pc of the average daily global earning of its parent company Alphabet . The appeal comes shortly before the deadline under EU law to file an appeal against the decision, which was issued by the European Commission, the bloc's executive body, in late June.
  • Analysts Watch Microsoft Corporation (NASDAQ:MSFT) And Issue New Targets

    Analysts Watch Microsoft Corporation (NASDAQ:MSFT) And Issue New Targets

    Economy

    The Nj State Employees Deferred Compensation Plan holds 170,000 shares with $10.56 million value, down from 185,000 last quarter. Microsoft Corporation ( MSFT ) has the market capitalization of $564.02 Billion. It is positive, as 0 investors sold Viaspace Inc . shares while 0 reduced holdings. 8 funds opened positions while 18 raised stakes. 115,206 are owned by Loomis Sayles Lp.
  • El Paso Electric Company (EE) Shares Bought by Legal & General Group Plc

    El Paso Electric Company (EE) Shares Bought by Legal & General Group Plc

    Economy

    Servicenow Inc now has $19.77B valuation. State of Alaska Department of Revenue now owns 4,480 shares of the utilities provider's stock valued at $226,000 after acquiring an additional 90 shares in the last quarter. RBC Capital Markets maintained it with "Outperform" rating and $51 target in Friday, October 9 report. The firm has "Underweight" rating by JP Morgan given on Thursday, May 12.
  • Dollar stabilises after selloff; focus on N.Korea, Hurricane Irma

    Dollar stabilises after selloff; focus on N.Korea, Hurricane Irma

    Economy

    Winning a reprieve from risk aversion, the dollar .DXY registered its biggest gains in the currency markets in 10 days. An index of Indonesia's 45 most liquid stocks rose 0.1%. "The change likely signals some discomfort about the stronger yuan and its impact on Chinese exports". The kiwi dollar rose to 4.7121 yuan from 4.7045 yuan in NY and down from 4.7221 yuan in Wellington at the end of last week.
  • How Hurricane Irma is impacting travel

    How Hurricane Irma is impacting travel

    Economy

    For existing reservations, JetBlue is waiving cancellation fees as well as waiving change fees and differences in airfare for rebooking, reports said. They also say prices are generally higher when tickets are purchased at the last minute. The airline credited the successful flight to the tight coordination of its staff and fortuitous timing.
  • Martingale Asset Management LP Acquires 66444 Shares of Union Pacific Corporation (UNP)

    Economy

    It has underperformed by 29.74% the S&P500. Union Pacific Corp. now has $84.86 billion valuation. The institutional investor owned 68,625 shares of the railroad operator's stock after selling 2,435 shares during the quarter. Lombard Odier Asset (Europe) has 2,810 shares. Obermeyer Wood Invest Counsel Lllp, a Colorado-based fund reported 2,773 shares. Roundview Limited Liability stated it has 19,225 shares.
  • University of Central Florida calls off game due to storm

    University of Central Florida calls off game due to storm

    Economy

    On Wednesday, Miami announced that Saturday's game at Arkansas State was canceled and would not be rescheduled since the programs did not share an open date. "You make a big difference in people's lives". "Playing a college football game Saturday would only add to that stress". - The Florida Panthers chartered a plane to take about 90 people - players, staff, coaches and families - and 20 pets to Boston and out of Irma's path on Friday.
  • GlaxoSmithKline PLC (GSK) Upgraded to Sell at BidaskClub

    Economy

    The company has market cap of $513.06 million. The stock decreased 0.25% or $0.1 on September 8, reaching $40.05. About shares traded. QUALCOMM, Inc. Canaccord Genuity Group Inc (TSE:CF) has 0.00% since September 10, 2016 and is. Sysco Corporation had 43 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Jefferies on Thursday, July 14 to "Buy".
  • Energy Expert Not Expecting Gas Prices to Spike after Irma

    Energy Expert Not Expecting Gas Prices to Spike after Irma

    Economy

    AAA is closely monitoring Hurricane Irma's track. Traders feared Irma would further impact the ability of gas providers to supply Florida and surrounding states adequately, causing gas prices to surge. The upswing in prices marked a swift reversal from last week, when prices had declined in the wake of Hurricane Harvey. Including the change in gas prices in Amarillo during the past week, prices yesterday were 36.6 cents per gallon higher than the same day one year ago and are 24.9 cents ...