Finance

It has outperformed by 45.78% the S&P500. Dock Street Asset Management Inc increased its stake in Expedia (EXPE) by 17.57% based on its latest 2017Q3 regulatory filing with the SEC. (NASDAQ:EXPE) on Friday, October 27 to "Hold" rating. The stock of MPLX LP (NYSE:MPLX) earned "Buy" rating by Jefferies on Monday, August 14. Piper Jaffray maintained the stock with "Overweight" rating in Wednesday, October 28 report.
  • Leerink Swann Weighs in on AbbVie Inc's FY2017 Earnings (ABBV)

    Leerink Swann Weighs in on AbbVie Inc's FY2017 Earnings (ABBV)

    Finance

    Great Lakes Advisors holds 9,730 shares or 0.05% of its portfolio. Insiders own 0.23% of the company's stock. It also upped Fluor Corp New (NYSE:FLR) stake by 34,750 shares and now owns 401,670 shares. $14.07 million worth of AbbVie Inc . (NYSE: ABBV ) rating on Friday, September 2. The total dollar value of all 1.6 billion outstanding shares is 168.5 billion.
  • Intel Promises New Processors to Fix Meltdown, Spector Vulnerabilities

    Intel Promises New Processors to Fix Meltdown, Spector Vulnerabilities

    Finance

    Intel actually posted a net loss for the quarter, but only because of a one-time tax event associated with the passage of new USA tax laws in December. According to Krzanich, new Intel chips releasing later in 2018 will be free of Meltdown and Spectre vulnerabilities. "Those products will begin appearing later this year".
  • Range Resources (RRC) Upgraded at ValuEngine

    Finance

    As per Monday, May 2, the company rating was maintained by JP Morgan. The firm earned "Hold" rating on Friday, April 15 by Tudor Pickering. The firm has "Buy" rating given on Friday, July 8 by Stifel Nicolaus. It now has negative earnings. The firm holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana region of the United States.
  • FedEx credits tax plan for $3.2B in wage increase, investments

    FedEx credits tax plan for $3.2B in wage increase, investments

    Finance

    The company plans more than $200 million in higher compensation, about two-thirds of which will go to hourly employees with the remainder funding increases in performance-based incentive plans for salaried workers. FedEx said in a press release that it expects the tax reform legislation will not only accomplish that goal, but that it will also strengthen U.S.
  • Budweiser's Super Bowl Beer Ad Isn't about Beer

    Budweiser's Super Bowl Beer Ad Isn't about Beer

    Finance

    Timed to coincide with the 30 anniversary of the program and the Super Bowl ad, AB InBev is declaring its ongoing, long-term commitment by announcing that it will this year add a second facility, its Fort Collins, Colo., brewery, to the program to enable delivering water more quickly when disasters occur.
  • Examining Fresh Signals: Xilinx, Inc. (XLNX), Wal-Mart Stores, Inc. (WMT)

    Examining Fresh Signals: Xilinx, Inc. (XLNX), Wal-Mart Stores, Inc. (WMT)

    Finance

    The stock decreased 0.62% or $0.15 during the last trading session, reaching $24.23. So far this year, the stock had gone up by 7.95%. HCP, Inc. (NYSE:HCP) has risen 8.01% since January 27, 2017 and is uptrending. 44 were reported by Td Cap Mgmt Ltd Limited Liability Company. Amalgamated Commercial Bank stated it has 167,510 shares. Investors sentiment decreased to 0.69 in Q3 2017.
  • PM Modi greets countrymen on 69th Republic Day

    PM Modi greets countrymen on 69th Republic Day

    Finance

    Leaders of all 10 members of the Association of Southeast Asian Nations ( Asean ) had gathered in New Delhi on Thursday for the summit that experts said was held with an eye on China's growing assertiveness in the region. He also said India remained committed to working with ASEAN to enhance practical cooperation and collaboration in the shared maritime domain. This was followed by a cultural extravaganza of dances and gymnastics as well as tableaux from Indian states and government ...
  • Starbucks reports 2% increase in same store sales

    Starbucks reports 2% increase in same store sales

    Finance

    Starbucks Corp now has $82.51B valuation. The second line, the %D line is simple a 3-day moving average of the %K line. About 35.14 million shares traded or 281.55% up from the average. 280 are owned by Qci Asset Mgmt New York. Rothschild Invest Corporation Il owns 143,052 shares for 0.27% of their portfolio. Grassi Inv Mngmt reported 0.3% stake.
  • Bombardier wins case against Boeing over import tariffs

    Bombardier wins case against Boeing over import tariffs

    Finance

    Business Secretary Greg Clark said it was "excellent news for the dedicated workforce in Northern Ireland and supply chain across the United Kingdom, who have a great future ahead". A decision will be made on whether or not to enforce import tariffs on sales of Bombardier's C-Series aircraft to American carriers. "You could make an argument that the combination of Airbus ownership and the end of this trade complaint might serve as a catalyst but I'm not aware of a whole lot of outstanding ...
  • Tokyo-based cryptocurrency exchange hacked, losing $530 million

    Tokyo-based cryptocurrency exchange hacked, losing $530 million

    Finance

    In the annals of cryptocurrency exchange platform hacks, the Coincheck incident is now the biggest hack ever, surpassing the Mt. Gox incident from 2014 when hackers stole over $450 million worth of Bitcoin . Another difference is that the Coincheck customers have some hope of being repaid, whereas most of the bitcoins stolen from Gox were never recovered and its users were not made whole.
  • Weight Watchers International (WTW) Earns Media Sentiment Rating of 0.11

    Finance

    Hudson Technologies Inc. (NASDAQ:HDSN) has risen 143.24% since January 25, 2017 and is uptrending. It has underperformed by 1.84% the S&P500. Robecosam Ag bought 297,595 shares as the company's stock rose 10.82% with the market. Mercer Advisers has 400 shares for 0.01% of their portfolio. Violich accumulated 27,700 shares. The MF Rank of Weight Watchers International, Inc. (NYSE:TDS) for 461,308 shares.
  • America Needs Cops on the Trade Beat

    America Needs Cops on the Trade Beat

    Finance

    Sungevity Announces Response to Trump Administration's Solar Tariffs Press Release from PRNEWSWIRE has been published today, Marjory Lewis, January 25, 2018 11:40 pm. Office of the Trade Representative, cells and modules up to 2.5 gigawatts are exempt from the new tariffs . "We'll be making solar products now much more so in the United States", Trump said at the White House ceremony where he signed the executive action.
  • GOP finance chair Steve Wynn accused of sexual abuse

    GOP finance chair Steve Wynn accused of sexual abuse

    Finance

    Wynn blamed the accusations on his "terrible and nasty" divorce lawsuit with his ex-wife, Elaine. One ex-massage therapist said Wynn pressured her into masturbating him during sessions; she says she drew the line at his oral sex requests.
  • Western Digital (WDC) PT Raised to $225.00

    Western Digital (WDC) PT Raised to $225.00

    Finance

    It also reduced its holding in Mondelez Intl Cin Cl A (NASDAQ:MDLZ) by 307,590 shares in the quarter, leaving it with 1.06 million shares, and cut its stake in Ulta Salon Cosmetcs & Frag (NASDAQ:ULTA). BidaskClub raised shares of Western Digital from a "sell" rating to a "hold" rating in a research note on Saturday, January 20th. Eleven equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and three have assigned a strong buy rating to the ...
  • Jefferies Group Analysts Increase Earnings Estimates for General Motors (GM)

    Finance

    During the same quarter last year, the company posted $0.30 earnings per share. analysts anticipate that Ford Motor will post 1.58 EPS for the current year. The stock has "Buy" rating by UBS on Wednesday, October 11. Pettee Invsts has 0.09% invested in Ford Motor Company (NYSE:F) for 11,900 shares. The firm earned "Neutral" rating on Thursday, December 1 by Macquarie Research.
  • Wall Street set to open higher on earnings, weak dollar

    Wall Street set to open higher on earnings, weak dollar

    Finance

    The greenback clawed back some of the losses after President Donald Trump said he ultimately wants the dollar to be strong. Trump said Treasury Secretary Steven Mnuchin's comments a day earlier in which he said a "weaker dollar is good for trade" were taken out of context.
  • Cent discovers his Bitcoin millions

    Cent discovers his Bitcoin millions

    Finance

    Since rising in value to around $11,200 per bitcoin according to Coinbase , that same stake would be worth closer to $7.8 million now. But as of Thursday evening, one bitcoin is now worth over $11,000 United States dollars, bringing in huge payday for the rapper and entrepreneur.