Finance

Mortgage Applications in US Jump in Early February

Mortgage Applications in US Jump in Early February

However, purchases are not the only thing that increased. Applications for refinances increased 5%, while applications for purchases increased 2%. The MBA's Market Composite Index, a combined measur...

by · Finance
Draghi comments at European Central Bank press conference

Draghi comments at European Central Bank press conference

The greenback was 0.11% lower against the Swiss Franc, trading at CHF1.0138, but rose 0.39% and 0.15% against the yen and against the Canadian dollar respectively, fetching ¥114.80 and CAD$1.3511. The...

by · Finance
WhatsApp reportedly testing biz chat feature in bid to monetise service

WhatsApp reportedly testing biz chat feature in bid to monetise service

In other words, WhatsApp is getting ready to actually make real money. Facebook bought WhatsApp for more than $19 billion in 2014 but both parties have promised never to introduce in-app advertisi...

by · Finance

Tyson Foods, Inc. (NYSE:TSN) & Anheuser Busch Inbev NV (ADR) (NYSE

HSBC Holdings plc cut Anheuser Busch Inbev NV from a buy rating to a hold rating in a research report on Tuesday, January 31st. Investec cut shares of Anheuser Busch Inbev NV from a buy rating to a ho...

by · Finance
Shell sells Canadian oil sands, ties bonuses to emissions cuts

Shell sells Canadian oil sands, ties bonuses to emissions cuts

The Anglo-Dutch oil giant will sell its existing and undeveloped interests to Canadian Natural and cut its share in the Athabasca Oil Sands Project from 60 to 10 per cent. Under a second, correlated...

by · Finance

The Eli Lilly and Company (LLY) Shares Bought by Tredje AP fonden

The company posted positive earnings surprises in three of the four trailing quarters with an average beat of 5.08%. The Price to Sales (P/S) of the stock is 4.36, while P/B (Price to Book) stands a...

by · Finance
European Central Bank Leaves Interest Rates Unchanged

European Central Bank Leaves Interest Rates Unchanged

But the Munich-based Ifo economic research institute insisted Thursday a change of policy was overdue. European Central Bank president Mario Draghi isn't likely to make any significant changes to th...

by · Finance

Dollar index hits five-day high after strong USA private-sector jobs data

The dollar index, which hit 102.260 on March 2, inched down 0.1 percent to 101.740. The likelihood the Fed will raise rates has not spooked investors, unlike the "taper tantrum" of 2013, because the...

by · Finance

Analytical Guide for Yahoo! Inc. (YHOO), Boston Scientific Corporation (BSX) Stakeholders

The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website . The original version of this piece can be viewed at https://www.chaffeybreeze.com/2017/03/0...

by · Finance
Hawaii Becomes First to File Lawsuit Against Trump's New Immigration Order

Hawaii Becomes First to File Lawsuit Against Trump's New Immigration Order

Earlier, Trump signed a revised executive order banning immigration from six Muslim-majority countries, dropping Iraq from January's previous order. In a statement, Hawaii Attorney-General Doug Chin...

by · Finance

LGI Homes beats Street 4Q forecasts

The company earned $236.80 million during the quarter, compared to the consensus estimate of $236.26 million. LLC increased its position in shares of LGI Homes by 8.9% in the third quarter. LGI Homes,...

by · Finance
The Top Three Holders Of The Children's Place, Inc. (PLCE)

The Top Three Holders Of The Children's Place, Inc. (PLCE)

Children's Place (PLCE) shares soared to a record high Wednesday after the children's apparel retailer reported much-better-than-expected earnings, doubled its dividend and increased a stock buyback. ...

by · Finance
George Osborne to be paid £650000 for working one day a week

George Osborne to be paid £650000 for working one day a week

In his latest entry in the Commons Register of Members' Interests, Mr Osborne said he expected to be paid £162,500 a quarter for 12 days working as an "adviser on the global economy". Asked if working...

by · Finance
Zacks Provided 1 Rating to TG Therapeutics, Inc. (NASDAQ:TGTX)

Zacks Provided 1 Rating to TG Therapeutics, Inc. (NASDAQ:TGTX)

This piece of content was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another publication, it was illegally copied and republ...

by · Finance
Ashford Hospitality Trust Inc

Ashford Hospitality Trust Inc

Ltd. raised its stake in shares of Ashford Hospitality Trust by 28.7% in the third quarter. Cantor Fitzgerald reiterated an "outperform" rating and issued a $8.00 target price on shares of Ashford Hos...

by · Finance
Morrisons reports first annual profit rise in five years

Morrisons reports first annual profit rise in five years

The Bradford-based grocer reported a 49.8 per cent rise in pre-tax profits to £ 325m and notched up like-for-like sales growth of 1.7 per cent in the year to January 29 and 2.5 per cent in the fourth...

by · Finance

Eye-Catching Stocks: BB&T Corporation (NYSE:BBT), Textron Inc. (NYSE:TXT)

BB&T Corporation (NYSE:BBT) should head towards $46.77 per share according to 17 Analysts in consensus. Macquarie Group Ltd. boosted its stake in shares of BB&T Co.by 6.9% in the second quarter. Durin...

by · Finance
BT share price: Group poaches Rio Tinto's chairman

BT share price: Group poaches Rio Tinto's chairman

Rio said the firm had begun planning for a new chairman in June 2016 following the announcement that Jean-Sebastien Jacques would take over as CEO from Sam Walsh who retired previous year. Mr du Pless...

by · Finance
Kroger Co (KR) Earns Buy Rating from Wells Fargo & Co

Kroger Co (KR) Earns Buy Rating from Wells Fargo & Co

The highest and lowest price target given by the brokerage firms to the equity are $33 and $17, respectively. At present, 2 analysts call it Sell, while 9 think it is Hold. Oppenheimer Holdings now ha...

by · Finance
Health care replacement by Republicans criticized by conservatives and moderates

Health care replacement by Republicans criticized by conservatives and moderates

Under the current system, 11 million people are covered by expanded Medicaid in 31 states and another 12 million nationally purchase insurance through the government-run health exchanges. The law enab...

by · Finance

Samsung plans U.S. expansion, would shift manufacturing from Mexico

The tech giant has engaged in initial discussions with several states, including Alabama, Georgia, North Carolina, Ohio and SC. The WSJ reported that Samsung plans to spend about US$300 million on...

by · Finance

Brocade Communications Systems, Inc. (NASDAQ:BRCD) shows weekly volitility of 0.41%

First Trust Advisors LP increased its stake in Brocade Communications Systems by 20.3% in the third quarter. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell. Kate Spade & Company (KATE) h...

by · Finance
North Sea cashes in after operating costs are halved

North Sea cashes in after operating costs are halved

It said the measures would build on "unprecedented support already provided to the oil and gas sector through £2.3bn packages in the last three years". We count this as the first time since 1Q15 that ...

by · Finance

The Shake Shack Inc (SHAK) Given Underweight Rating at Morgan Stanley

Today, Goldman Sachs analysts Karen Holthouse and Gregory Lum warned that Shake Shack's "traffic challenges should receive more attention". Barclays PLC restated an equal weight rating and iss...

by · Finance

First Solar, Inc. (FSLR) Rating Increased to Buy at Vetr Inc

Finally, Zacks Investment Research lowered shares of First Solar from a "hold" rating to a "sell" rating in a research note on Tuesday, January 17th. California Public Employees Retirement System in...

by · Finance

What Do Analysts Recommend for Whiting Petroleum?

Marshall Wace LLP's holdings in Whiting Petroleum Corp were worth $1,173,000 at the end of the most recent quarter. Finally, Sprott Inc. boosted its position in Whiting Petroleum Corporation by 3,479....

by · Finance

Energy Transfer Equity, LP (NYSE:ETE) Institutional Ownership stands at 48.5

Company has reported several Insider transactions to the SEC, on Dec 8, 2015, John W Mcreynolds (President) purchased 84,667 shares at 16.14 per share price.On Dec 8, 2015, K Rick Turner (director) pu...

by · Finance
Budget 2017: Attack on disadvantaged self-employed blasted

Budget 2017: Attack on disadvantaged self-employed blasted

The second measure addresses the UK's local pubs, and Hammond's recognition of the "valuable role [they] play in our communities". In his speech, Mr Hammond said: "Employed and self-employed alike u...

by · Finance

What Analysts are Predicting For PayPal Holdings, Inc. (PYPL), FirstEnergy Corp. (FE)?

According to Thomson Reuters , sell-side analysts are forecasting a harmony target price of $34.59 on company shares. The analysts, on average, are forecasting a $47.1 price target, but the stock is ...

by · Finance
Uber will stop 'greyballing' government regulators

Uber will stop 'greyballing' government regulators

The use of "greyball" software to stymie regulators checking on Uber surfaced after a New York Times report where current and past Uber employees confirmed the use of the software. He also suggested...

by · Finance

Impax Laboratories Inc (IPXL) Downgraded by Piper Jaffray Companies to Underweight

According to their observations and findings, the stock could provide a high EPS of $0.49/share and a Low EPS of $0.1/share. The stock hit its 52-week high price on 04/22/16 and 52-week low price on 0...

by · Finance
US Rep. Jim Jordan, other conservatives oppose GOP health insurance bill

US Rep. Jim Jordan, other conservatives oppose GOP health insurance bill

Paul in the Senate and Mark Sanford in the House". If the replacement were to move on its own, it would require 60 votes in the Senate unless advanced several months from now in another theoretical ...

by · Finance
Plains Wildfires Claim at Least 7 Lives

Plains Wildfires Claim at Least 7 Lives

A GoFund Me campaign has almost reached a goal of raising $20,000 to cover funeral expenses for Koch. Three people lost their lives - Cody Crockett and Sydney Wallace, a young couple in their 20s, alo...

by · Finance

United Kingdom growth forecast for 2017 revised up

Britain's economy will weather the Brexit storm and grow much faster than expected this year, but will not avoid a slowdown in 2018, Philip Hammond said on Wednesday (8 March). CIPFA chief executive R...

by · Finance
Disney CEO refuses shareholder calls to step down from Trump advisory council

Disney CEO refuses shareholder calls to step down from Trump advisory council

Calling the position a "privileged opportunity", Iger argued that his decision wasn't a political endorsement of the president's policies. The Walt Disney Company has yet to comment on Iger's partic...

by · Finance