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Finance

Fox had no interest in buying the cable news network, one of the people said, declining to be identified because the conversations were private. CNN and its parent company Time Warner were in the spotlight this week over reports that the Trump administration wanted CNN sold as a condition of a merger between AT&T and Time Warner.
  • United States long-term mortgage rates decline to 3.9 percent

    United States long-term mortgage rates decline to 3.9 percent

    Finance

    Swap rates are affected by indications of future base rate... The average interest rate on new mortgages in September stood at 3.31%, new figures from the Central Bank show today. 10 year ARMs are being offered for 3.500% now with a starting April of 3.971%. The 7/1 Adjustable Rate Mortgage interest rates stand at 2.625% showing an April of 3.141%.
  • How major U.S. stock indexes fared on Thursday

    How major U.S. stock indexes fared on Thursday

    Finance

    Senate Republicans on Thursday plan to propose delaying a cut in the corporate tax rate from 25% to 20% until 2019, The Washington Post reported on Thursday, citing four people brief on the planning. Nasdaq 100 e-minis were down 22.25 points, or 0.35 percent, on volume of 35,676 contracts. Chip maker Nvidia helped move the Nasdaq higher, with the company's stock soaring 5.3 percent on earnings that beat expectations.
  • Developers Drop Plans for SegWit2x, Bitcoin Reacts

    Developers Drop Plans for SegWit2x, Bitcoin Reacts

    Finance

    Initiated in 2016, Bitcoin Classic's stated goal was to increase bitcoin's transaction capacity by raising the block size from 1MB to 2MB, however, it failed to gain traction as a bitcoin alternative. Now that the fork isn't happening they are reducing their position in the cryptocurrency. The terms of the trade were that at least 100 blocks had to be mined on the new chain, but that's unlikely to happen for now after the main proponents of the update on Wednesday said they're suspending the ...
  • Obamacare enrollments are way up in Trump's first sign-up season

    Obamacare enrollments are way up in Trump's first sign-up season

    Finance

    So far, sign-ups seem to be running about the same pace as a year ago, despite Trump administration cutbacks in advertising and enrollment assistance for consumers. The 601,462 plan selections between November 1 and November 4 translate to about 150,000 signups per day. The result has caused premiums to fluctuate for 2018 and confusion for consumers.
  • ArcelorMittal (MT) Posts Quarterly Earnings Results, Beats Expectations By $0.32 EPS

    ArcelorMittal (MT) Posts Quarterly Earnings Results, Beats Expectations By $0.32 EPS

    Finance

    Sales shot up 21 percent to $17.6 billion in the third quarter, up from $14.5 billion in the third quarter of 2016. The Return on Equity (ROE) value stands at 10.8%. Cowen and Company set a $32.00 price target on ArcelorMittal and gave the company a "buy" rating in a research report on Wednesday, August 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company's stock.
  • Mattel stock soars on report of Hasbro takeover offer

    Mattel stock soars on report of Hasbro takeover offer

    Finance

    The firm is expected to report its next earnings results on Wednesday, January 24th. Equities analysts expect that Mattel Inc . will post $1.28 earnings per share for the current year. If you are accessing this piece on another website, it was illegally copied and reposted in violation of global trademark & copyright legislation. WARNING: " Mattel, Inc .
  • Freeport-McMoran, Inc. (FCX) Issues Earnings Results, Beats Estimates By $0.03 EPS

    Finance

    It is measuring a stock's valuation (Price to Earning) against its projected 3-5 year growth rate. The firm has "Underperform" rating by Credit Suisse given on Wednesday, July 22. Wealthtrust invested 0.02% in Freeport-McMoRan Inc (NYSE:FCX). Vanguard (VYM) was reduced too. Investors sentiment decreased to 1 in 2017 Q2. Its up 0.57, from 1.05 in 2017Q1.
  • Joe Schmidt hands Bundee Aki Ireland debut vs. South Africa

    Joe Schmidt hands Bundee Aki Ireland debut vs. South Africa

    Finance

    I think when you're in that position and captaining the country you never like to assume anything, so it was good when Joe said: "we'd like you to do it again for this season" it gave me the confidence that he liked what I was doing, I was doing a good job.
  • Keep an eye on Price Trends: Merck & Co., Inc. (MRK)

    Finance

    The firm earned "Outperform" rating on Thursday, August 13 by BMO Capital Markets. It closed at $20.12 lastly. TiVo Corp (NASDAQ:TIVO) has declined 1.91% since November 9, 2016 and is downtrending. The firm earned "Hold" rating on Monday, June 12 by Cowen & Co. The rating was maintained by Piper Jaffray on Friday, July 28 with "Buy". The stock has "Buy" rating by UBS on Monday, July 31.
  • Review of Price Trends: Twenty-First Century Fox, Inc. (FOXA)

    Review of Price Trends: Twenty-First Century Fox, Inc. (FOXA)

    Finance

    QUALCOMM Incorporated (NASDAQ:QCOM) closed down -0.89 points or -1.36% at $64.6 with 15.9 mln shares exchanging hands. Likewise, the upbeat performance for the last quarter was 0.75% and for the full year it was 3.69%. The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 0.49%, and has a solid year to date (YTD) performance of 2.35% which means that the stock is constantly adding to its value from the previous fiscal year end price.
  • Inc. Grows Position in Comcast Corporation (CMCSA)

    Finance

    Comcast Corp New Cl A now has $170.87B valuation. The overall volume in the last trading session was 23,854,880 shares. About 758 shares traded. The correct version of this story can be viewed at https://weekherald.com/2017/11/10/oppenheimer-co-inc-grows-position-in-comcast-corporation-cmcsa.html.
  • County Government Closed Friday for Veterans' Day

    County Government Closed Friday for Veterans' Day

    Finance

    The post office will be open on Friday, but closed on Saturday. County-run parks and campgrounds will be open. The 41, 42, 43, 45, 51, 55, 77 and 87 routes will operate on Saturday schedules on both days, while all other ART routes will not operate.
  • Sirius XM Holdings Inc. (SIRI) Receives Average Recommendation of "Buy" from Analysts

    Finance

    Among 15 analysts covering Sirius XM Holdings (NASDAQ:SIRI), 7 have Buy rating, 1 Sell and 7 Hold. Macquarie Group Ltd. boosted its stake in shares of Sirius XM Holdings by 476.2% during the 2nd quarter. Let's have a look at some of the important valuation ratios of the Sirius XM Holdings Inc. (STAY) have shown a high EPS growth of 8.90% in the last 5 years and has earnings decline of -37.00% yoy.
  • IBM develops prototype 50 qubit processor

    IBM develops prototype 50 qubit processor

    Finance

    The first IBM Q systems available with 20 qubit processors will have an improved superconducting design, connectivity and packaging. Google has offered science labs and artificial intelligence researchers early access to its quantum machines.
  • USDA Boosts Indiana Corn Production in November Report

    USDA Boosts Indiana Corn Production in November Report

    Finance

    Nationally, soybean farmers are expected to harvest a record 4.43 billion bushels, which is three percent more than last year's all-time record production. Although many growers experienced harvest delays from wet weather and cool temperatures, both corn and soybean forecasts continue to be favorable, with soybeans projected to reach record high production for the State, according to Greg Matli, State Statistician of USDA, NASS, Indiana Field Office.
  • LMR Partners LLP Has $2.13 Million Position in Wells Fargo & Company

    LMR Partners LLP Has $2.13 Million Position in Wells Fargo & Company

    Finance

    Mcdonald Capital Investors Inc increased Wells Fargo Co New ( WFC ) stake by 0.49% reported in 2017Q2 SEC filing. Mack Mary T also sold $2.05 million worth of Wells Fargo & Co (NYSE:WFC) shares. Thermo Fisher Sci (NYSE:TMO) was reduced too. It also upped Medtronic Plc Shs (NYSE:MDT) stake by 5,497 shares and now owns 80,145 shares. Investors sentiment increased to 0.88 in Q2 2017.
  • Steyer to spend another $10 million on campaign to impeach Trump

    Steyer to spend another $10 million on campaign to impeach Trump

    Finance

    About three-fourths of respondents said they didn't know enough about Steyer to form an opinion of him. Steyer says he's going to double the $10 million he's put into TV ads, which say President Donald Trump should be impeached for taking the nation to the brink of nuclear war, obstructing justice and taking money from foreign governments.
  • Facebook starts programme to bolster digital skills

    Facebook starts programme to bolster digital skills

    Finance

    Louis. The move shows how intertwined Facebook has become not just in our social lives, but in entrepreneurs' economic survival and growth. The press release said 80 percent of US small and medium-sized businesses on Facebook say the platform helps them connect to people in their local community.
  • Royal Dutch Shell Plc 16.7% Potential Upside Indicated by Barclays Capital

    Finance

    For the Current Quarter, the growth estimate for Royal Dutch Shell plc is 22.1%, while for the Next Quarter the stock growth estimate is 41.4%. The firm earned "Outperform" rating on Monday, January 11 by Credit Suisse. Baskin Fincl Svcs holds 2.42% or 326,027 shares. The total dollar value of all 4.01 billion outstanding shares is 266.57 billion. There has been an observed change of N/A% in the ownership of the shares in the past six months.