Finance

Zacks Investment Research cut shares of AU Optronics Corp from a buy rating to a hold rating in a research report on Wednesday, June 21st. The semiconductor company reported $0.34 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.02.
  • Amazon Eyes Event-Ticketing Sales

    Amazon Eyes Event-Ticketing Sales

    Finance

    How Amazon's ticketing model will work is yet to be determined. On its relentless quest to be Planet Earth's Universal Store for Everything®, Amazon is looking at getting into the business of selling event tickets-concerts, sporting events, theatre, you name it.
  • The Price Still Isn't Right for Consumers

    The Price Still Isn't Right for Consumers

    Finance

    It is expected to be issued at 8:30 a.m. ET (GMT). "We continue to expect that the Fed will announce to start slowly shrinking its balance sheet at the next FOMC meeting on 19-20 September and that the bank will deliver one more rate hike in December, the third this year and the fifth in the current cycle", added Nordea Bank.
  • Tesla looks to test Semi on USA roads

    Finance

    After announcing intentions a year ago to produce a heavy-duty electric truck, Musk tweeted in April that the semi-truck would be revealed in September, and repeated that commitment at the company's annual shareholder meeting in June, but he has never mentioned any autonomous-driving capabilities.
  • Technicals at a Glance For Snc-Lavalin Group Inc (SNC.TO) Shares

    Finance

    The CCI was developed to typically stay within the -100 to +100 levels. Traders may use the indicator to determine if a stock is trending or to spot overbought/oversold conditions. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. RSI can be used to detect general trends as well as finding divergences and failure swings.
  • Up to 160 Applebee's, IHOPs may close

    Up to 160 Applebee's, IHOPs may close

    Finance

    Get email alerts from KSAT 12 today. The parent company of Applebee's said more than 100 restaurants will close due to underperforming restaurants. Steering DineEquity's ship will be Stephen Joyce, the former CEO at Choice Hotels announced as the company's new leader Thursday. IHOP operates restaurants in Boardman and Niles.
  • Tata Steel UK signs new pensions deal

    Tata Steel UK signs new pensions deal

    Finance

    It would effectively mean that Tata Steel would no longer have any responsibility for the pension scheme. After the accord was signed, the pension regulator issued a clearance statement that marks the commencement of a 28-day period during which parties directly affected by the RAA may refer the decision to approve it before the Upper Tribunal of the United Kingdom court system.
  • Summer getaway sends Heathrow soaring to best month in history

    Summer getaway sends Heathrow soaring to best month in history

    Finance

    Heathrow said cargo through the airport climbed at the fastest rate ever recorded at Britain's largest port, up 15 percent to 143,000 tonnes in July. United Kingdom destinations also jumped up 5% after Flybe's recent decision to introduce flights from Heathrow to Scotland.
  • Global stocks slide as US-N. Korea nuclear tensions rise

    Global stocks slide as US-N. Korea nuclear tensions rise

    Finance

    The CBOE Volatility Index, the most widely followed barometer of expected near-term stock market volatility, was at its highest in more than a month. Gold prices rose 0.9%, to $1290.70 a troy ounce, while the Japanese yen rose 0.6% against the dollar. Hong Kong's Hang Seng added 0.6 percent. And now a Wall Street analyst just raised his share forecast for Raytheon by 25 percent on growing optimism over its future missile defense sales.
  • Safe-haven currencies rise as North Korea tensions brew

    Safe-haven currencies rise as North Korea tensions brew

    Finance

    The CBOE Volatility Index, a measure of investors' expectations for swings in the S&P 500, soared 35% - on track for its second-biggest one-day jump of the year. Traditional safe-haven currencies including the Swiss franc and Japanese yen rose on Wednesday, boosted by worries about increased tensions between the United States and North Korea .
  • Coinbase becomes bitcoin's first unicorn as it raises $100M in new round

    Coinbase becomes bitcoin's first unicorn as it raises $100M in new round

    Finance

    Coinbase explains that it will use the new capital to further scale the company's resources and services. GDAX - the most popular exchange for institutions and professional traders in the U.S. We're fortunate to be working with IVP , one of the premier later-stage venture capital and growth equity firms in the United States . Established in 1980, it has already invested in more than 300 companies, 106 of which have gone public.
  • Body Camera Captures Shocking Cop Shooting On Video

    Body Camera Captures Shocking Cop Shooting On Video

    Finance

    Officer Quincy Smith was called to investigate a suspicious man trying to snatch groceries from a convenience store in the small town of about 2,000 people. Smith was hit and scrambled back to his police vehicle for safety, using his radio to call for assistance. "I've been shot in the neck". Both of his arms were broken.
  • Cineworld Group plc 9.1% Potential Upside Indicated by N+1 Singer

    Cineworld Group plc 9.1% Potential Upside Indicated by N+1 Singer

    Finance

    Aviva plc (LON:AV) had its price objective cut by Societe Generale from GBX 525 ($6.84) to GBX 520 ($6.77) in a report released on Tuesday. Its down 0.12% from 28.69M shares previously. Aviva PLC had 234 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has "Hold" rating by Peel Hunt on Friday, March 10. Deutsche Bank has "Buy" rating and GBX 620 target.
  • Many Guam Residents Aren't Worried About North Korea

    Many Guam Residents Aren't Worried About North Korea

    Finance

    We live on a small island. Tensions have recently skyrocketed, with the two countries recently trading serious threats of an invasion. But South Korean analysts said the plans reflected a calculated strategy by Kim: At home the North Korean leader must rally his impoverished people by showing off his daring in the standoff with the United States.
  • Indivior PLC 34.9% Potential Upside Indicated by Jefferies International

    Indivior PLC 34.9% Potential Upside Indicated by Jefferies International

    Finance

    Cowen Group Inc decreased Enterprise Prods Partners L (EPD) stake by 98.45% reported in 2016Q4 SEC filing. In related news, insider Annell R. Bay bought 3,840 shares of the stock in a transaction that occurred on Wednesday, June 14th. HSBC Holdings plc lowered Astrazeneca PLC from a "hold" rating to a "reduce" rating in a research report on Friday, April 7th. The company was maintained on Thursday, February 9 by Peel Hunt.
  • Swiss franc, yen rise as North Korea tensions brew

    Finance

    The Japanese yen hit an eight-week high against the USA dollar, while spot gold also reached a two-month high. "It's just a classic risk-off day", said Greg Anderson, global head of foreign exchange strategy at BMO Capital Markets in NY.
  • Q3 2017 EPS Estimates for Barrick Gold Corporation (ABX) Lowered by Cormark

    Finance

    For this year, Barrick Gold Corporation (NYSE:ABX) is performing 3.25%. More interesting news about Barrick Gold Corp (USA) (NYSE:ABX) were released by: Fool.ca and their article: "Better Buy: Barrick Gold Corp. Eldorado Gold Corporation had a return on equity of 1.41% and a net margin of 1.00%. Shareholders of record on Thursday, August 31st will be given a $0.03 dividend.
  • Tesla reveals Model 3 reservation number, Model Y details

    Tesla reveals Model 3 reservation number, Model Y details

    Finance

    Tesla is burning through about $1 billion per quarter, as it starts its ambitious plan of ramping up Model 3 production to over 400,000 units per year in only 18 months. Tesla has been able to negotiate favorable payment terms with suppliers to the Model 3 , which should help improve cash flow. In March, the company raised $US1.4 billion through a convertible debt offering.
  • Snap shares drop as user growth, revenue disappoints

    Snap shares drop as user growth, revenue disappoints

    Finance

    UBS AG upgraded Snap from a "market perform" rating to an "outperform" rating and cut their price target for the stock from $24.00 to $19.00 in a report on Thursday, May 11th. Canaccord Genuity restated a "hold" rating and issued a $22.00 price target on shares of Snap in a research note on Friday, May 12th. The company had revenue of $149.60 million for the quarter, compared to analyst estimates of $158.32 million.