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Finance

Experts claim the market is anticipating for the private space explorers to examine ways through which the asteroid belt, located at the far edges of solar system, could be accessed. Space tourism is a promising industry but the costs will limit its availability for some time to the super-rich. "Now we are ramping up production significantly, and as we look ahead in 2018, we are on the cusp of a step change in the world's transition to sustainability", Musk said.
  • Wall Street stocks rally then sink as turbulence continues

    Wall Street stocks rally then sink as turbulence continues

    Finance

    Stocks appeared to stabilize by the end of Tuesday after the blue chip average's biggest drop in history a day earlier had sent anxiety through global markets. While Wall Street has been calling for a correction for some time, given the market's euphoric rise, the fall has been more violent and quicker than anticipated.
  • Petroleo Brasileiro SA - Petrobras (PBR) - Still Listen to Stock Analysts?

    Finance

    Oslo Asset Management Asa who had been investing in Petroleo Brasileiro S.A. for a number of months, seems to be less bullish one the $79.45B market cap company. 20,547 shares were sold by Moriarty Thomas M , worth $1.67 million. About 17.65 million shares traded. The company beat the analyst EPS Estimate with the difference of $0.18.
  • Cheniere Energy, Inc. (LNG)

    Finance

    Profund Advisors Llc who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $211.62B market cap company. The latest exchange of 0.3 Million shares is below its average trading activity of 256.68 Million shares.
  • Analysts' Recommendation in Spotlight - Atossa Genetics Inc (NASDAQ: ATOS)

    Finance

    Now shares of Tg Therapeuticscmn (NASDAQ:TGTX) have an average brokerage recommendation (ABR) of 1 number of Recs in ABR is 6 however the company's industry rank by ABR is 186 out of 265. The stock traded within a range of $0.510 and $0.650. For example, a stock may near its 52 week low in a price correction after earnings expectations for future quarters were revised.
  • Dow plunges 800 points as bond fears haunt stocks

    Finance

    USA stock markets fell sharply Thursday, with the Dow Jones industrial average tumbling 1,033 points, or 4 percent, to 23,860. Corrections of up to 15 percent "are normal", said Oliver. Twitter had a banner day, soaring 12 percent after turning in a profit for the first time. For a market that hadn't fallen 3 percent from any high in more than a year, the week's action was enough to rattle even the biggest equity bulls.
  • Sells 10794 Shares of Energy Transfer Partners LP (NYSE:ETP)

    Finance

    It has underperformed by 5.63% the S&P500. The stock has "Market Perform" rating by Wolfe Research on Monday, May 15. ETP's institutional ownership was registered as 61.40%, while insider ownership was 0.30%. Rockshelter Cap Mngmt Limited Liability Corporation holds 62,947 shares or 3.08% of its portfolio. Old West Investment Mngmt stated it has 89,855 shares.
  • Vornado Realty Trust (VNO) Trend Alert & Update

    Vornado Realty Trust (VNO) Trend Alert & Update

    Finance

    Physicians Realty Trust (NYSE:DOC) now has a Value Composite score of 49. The SMA 50/200 for Digital Realty Trust, Inc. Bank Of America Corp bought 10.44M shares as the company's stock rose 10.26% with the market. The Piotroski F-Score of Digital Realty Trust, Inc. (NYSE:CHD) shares can stay above the price resistance around $47.91 a share, that could help propel Church & Dwight Co., Inc.
  • DOD releases report on sexual assault at military service academies

    DOD releases report on sexual assault at military service academies

    Finance

    Between three military academies there were more than 100 reports of sexual assault involving cadets or midshipmen in the academic program year 2016-2017. "USAFA took action to address these personnel related issues". Enhance preparation of military officers and senior enlisted leaders so they may more effectively promote and teach about climates of dignity and respect.
  • Uber and Waymo settle self-driving vehicle case for $244m in equity

    Uber and Waymo settle self-driving vehicle case for $244m in equity

    Finance

    According to the settlement, Waymo will receive 0.34% of Uber's equity in the settlement. The trial began February 5 after a year of legal wrangling, twists, and turns. Google's Waymo unit says Uber agreed to take steps to make sure Waymo technology isn't used in Uber's autonomous vehicles. "We were looking for potentially confidential information that was from Google", said Eric Friedberg, co-founder of data forensics firm Stroz Friedberg, who investigated laptops and devices for Uber.
  • U.S. stocks end lower as uncertainty reigns

    U.S. stocks end lower as uncertainty reigns

    Finance

    Wednesday's trading lacked the wild swings of the prior two sessions, but the Dow moved in a roughly 500-point range, more than three times the average daily swing over the past year. "We've got yet another confirmation that a major central bank is wringing its hands over the possibility that economic growth is accelerating beyond current capacity", said Jim Vogel, an interest rate strategist at FTN Financial in Memphis.
  • Eurostar confirms April launch date for London-Amsterdam

    Eurostar confirms April launch date for London-Amsterdam

    Finance

    This new service was preceded by a comprehensive testing of the Netherlands high speed network and the building of Eurostar terminals in Amsterdam and Rotterdam. Passengers making the return trip will initially need to stop in Brussels for passport controls because Dutch stations aren't yet equipped to make those checks.
  • Macquarie Group Ltd. Sells 88016 Shares of Comcast Co. (NASDAQ:CMCSA)

    Finance

    Comcast Corp now has $184.25 billion valuation. The stock increased 1.08% or $0.43 during the last trading session, reaching $40.1. About 15.82 million shares traded. First Bank & Trust increased its stake in shares of Comcast by 84.9% in the second quarter. Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.06, from 0.89 in 2017Q2.
  • Softbank in talks to buy stake in Swiss Re

    Softbank in talks to buy stake in Swiss Re

    Finance

    Son has invested in a variety of companies and technologies, including e-commerce, driverless cars and virtual reality, and Softbank is majority owner of USA wireless company Sprint Corp. "There is no certainty that any transaction will be agreed, nor as to the terms, timing, or form of any transaction", the statement added. The company serves clients through a network of around 80 offices globally.
  • Hyundai Ioniq showcased at Auto Expo 2018

    Hyundai Ioniq showcased at Auto Expo 2018

    Finance

    Industry lobby body Society of Indian Automobile Manufactures has said that they have 48 members in their group, of which only about 50 per cent have been participating during the event that happens once every two years. While electric cars are really boring to look at, the Renault Zoe e-Sport Concept gets satin blue bodywork inspired by the Renault e.dams single-seater livery, touches of yellow, C -Shape lighting signature, Renault diamond in the front, along with a vertical and back-lit ...
  • Bank of Baroda Q3 profit down 56% to Rs112 crore

    Bank of Baroda Q3 profit down 56% to Rs112 crore

    Finance

    The SBI's gross non-performing assets (GNPA) stood at Rs 199,141.34 crore and the net NPAs at Rs 102,370.12 crore as of December 31, 2017, up from GNPA of Rs 108,172.32 crore and net NPAs of Rs 61,430.45 crore during the same period last fiscal.
  • Trinity Mirror buys Daily Express and Daily Star titles

    Trinity Mirror buys Daily Express and Daily Star titles

    Finance

    Trinity Mirror Plc is buying rival Express and Star tabloids for 126.7 million pounds ($177 million), a milestone deal as Britain's declining print media outlets seek scale to battle the shift of readers and advertisers online. "There is a lot of life left in print and there are a lot of opportunities in digital but no one is saying it's going to be easy", Fox said, adding he did not expect the deal to face major regulatory issues.
  • Wall Street enters correction territory as markets plunge

    Wall Street enters correction territory as markets plunge

    Finance

    However, most market watchers wait until the market has closed for the day before declaring that an index or other measure has officially entered a correction. On Tuesday it rallied another $5.57, or 15.6 percent, to $41.19. Meanwhile, the sudden cratering of stock prices, rising bond rates and fierce volatility have been a stark reminder that Trump, like his predecessors, isn't commander in chief of the USA economy, the Associated Press explained .
  • National Pizza Day deals in the Lowcountry

    National Pizza Day deals in the Lowcountry

    Finance

    You can get the new creation for just $1 more than the price of a regular pepperoni pizza. Real Good Food Company is offering $10 off your order of their Real Good Pizzas today! Blaze Fast Fire'd Pizza: Sign up with an email address to get a code redeemable on in the free Blaze mobile app for a buy-one-get-one-free pizza deal through February 13.
  • Snap Price Target Raised On Strong Earnings Report, Turnaround Progress

    Snap Price Target Raised On Strong Earnings Report, Turnaround Progress

    Finance

    One area of growth the company is focused on is Android . Snap posted a net loss of $350 million, or 28 cents per share, compared to a loss of $170 million, or 20 cents per share, a year earlier. Analysts at Raymond James predict Snap's stock-based compensation this year will be $900 million, with the number falling to $850 million in 2019.