Markets

The Urban Outfitters, Inc. (URBN) Downgraded by Vetr Inc

Riverhead Capital Management LLC now owns 139,617 shares of the apparel retailer's stock worth $4,820,000 after buying an additional 110,935 shares during the last quarter. Schroder Investment Managem...

by · Markets
Province unveils framework to finally allow Uber, ride-sharing in BC

Province unveils framework to finally allow Uber, ride-sharing in BC

Last week, the province confirmed it would have an answer on the ride sharing industry before the May 9 vote. The province has been evaluating policy options to satisfy demand from the public to use...

by · Markets
Graham quips: I gave Trump my new cellphone number

Graham quips: I gave Trump my new cellphone number

Sen. Lindsey Graham, a frequent critic of President Trump , said Tuesday that his meeting with the commander-in-chief went so well that he's willing to forget that the leader publicly gave out his ...

by · Markets
Brookfield to take control of SunEdison units for $1.41 bln

Brookfield to take control of SunEdison units for $1.41 bln

Under the yieldco model, SunEdison, as the sponsor, would sell its operating projects to the TerraForm companies - a relationship that provided the yieldcos with a steady project pipeline to own and o...

by · Markets
Reserve Bank of Australia keeps cash rate at 1.5%, as expected

Reserve Bank of Australia keeps cash rate at 1.5%, as expected

The RBA stated that Australian economic growth was around two and a half percent in 2016, as exports and non-mining investment have risen over the year. Data out recently showed retail sales grew at a...

by · Markets

Symantec Corporation (NASDAQ:SYMC) & Tesoro Corporation (NYSE:TSO) Traders Alert

This insider holds 282,705 shares with a market value around $8229542.55 as of recent close. Following the transaction, the insider now owns 288,954 shares in the company, valued at $8,249,636.70. Inv...

by · Markets
Valeant (VRX) Stock Slides 4% on Debt Restructuring Announcement

Valeant (VRX) Stock Slides 4% on Debt Restructuring Announcement

Five equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the company. This story was originally reported by The Cer...

by · Markets
Uber to hire a COO to help embattled chief Travis Kalanick

Uber to hire a COO to help embattled chief Travis Kalanick

Kalanick announced the decision to employees at an all-hands meeting on Tuesday, as first reported by Recode . The announcement comes after Kalanick's public apology, which he wrote on February 28...

by · Markets

RBA keeps cash rate on hold

Long-term bond yields are higher than past year, although in a historical context they remain low. "The predicament for the RBA is clear, they are unwilling to drop rates because this would likely a...

by · Markets

Financial stocks for your portfolio: Lexington Realty (LXP), Regency Centers (REG)

A number of other equities research analysts have also recently issued reports on the stock. Vanguard Group Inc owns $410.7 million in Lexington Realty Trust, which represents roughly 16.04% of the co...

by · Markets

Bill Barrett Corporation (BBG) Shares Gap Down Following Analyst Downgrade

That puts the market capitalization at $414.88 mln. BBG has been the topic of a number of other reports. The company reported its EPS on 03/02/2017. The company earned $50.48 million during the qu...

by · Markets
Blazing Stock Climbs To New Heights: Nimble Storage, Inc. (NYSE:NMBL)

Blazing Stock Climbs To New Heights: Nimble Storage, Inc. (NYSE:NMBL)

This consensus estimate is provided by Zacks Research. For the current quarter, the highest estimate analysts provided is 114.43 Million and the lowest is 113 Million. Firms that consistently miss e...

by · Markets
Chinese firm pleads guilty to breaking Iran sanctions

Chinese firm pleads guilty to breaking Iran sanctions

ZTE said it has agreed to an additional penalty of $300 million to a division of the Commerce Department that will be suspended during a seven-year term on the condition that the company complies with...

by · Markets
Court bid to halt Dakota Access pipeline work rejected

Court bid to halt Dakota Access pipeline work rejected

The White House didn't immediately respond to a request for comment. The tribes also argued that the Dakota Access oil pipeline would fulfill the "black snake prophecy", even though Lake Oahe itself...

by · Markets
Featured Stock Overview: Newmont Mining Corporation (NYSE:NEM)

Featured Stock Overview: Newmont Mining Corporation (NYSE:NEM)

The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . In other Newmont Mining Corporation news, EVP Scott P. Newm...

by · Markets
United States trade deficit in January largest since 2012

United States trade deficit in January largest since 2012

The January increase continues the trend in 2016 which posted the highest annual trade deficit in four years. They saw a jump of $2.1 billion, largely due to increases in crude oil and other petroleum...

by · Markets
IEA warns on need for oil supply growth

IEA warns on need for oil supply growth

Olivier Jakob from the Switzerland-based Petromatrix said that the majority of the global demand increases will be met by non-OPEC supply over the next two years according to the IEA. Light tight oil ...

by · Markets

HPE to Shell Out $1 Billion for Nimble Storage

The highest price NMBL stock touched in the last 12 month was $9.9 and the lowest price it hit in the same period was $6.18. That's all fine and dandy, but the real news today is that HP Enterprise...

by · Markets
CSX Said to Reach Tentative Deal to Name Hunter Harrison as CEO

CSX Said to Reach Tentative Deal to Name Hunter Harrison as CEO

Harrison is replacing Michael Ward, who announced he was leaving as chairman and CEO back on February 21, to become a consultant to the company. Mantle Ridge will nominate five people to the 12-person...

by · Markets
Revenue Approximations Analysis: The Charles Schwab Corporation (SCHW), MetLife, Inc. (MET)

Revenue Approximations Analysis: The Charles Schwab Corporation (SCHW), MetLife, Inc. (MET)

They set an outperform rating and a $46.00 price objective for the company. The price/earnings ratio (P/E) is 32.45 and the forward P/E ratio stands at 22.11. Shareholders of record on Friday,...

by · Markets
Investors Catching Stocks: American Eagle Outfitters, Inc. (NYSE:AEO)

Investors Catching Stocks: American Eagle Outfitters, Inc. (NYSE:AEO)

AEO has been the topic of a number of other reports. Vetr downgraded American Eagle Outfitters from a "strong-buy" rating to a "buy" rating and set a $19.96 target price for the company.in a researc...

by · Markets
Trump's Travel Ban Mulligan

Trump's Travel Ban Mulligan

It's watered down . This executive order temporarily halts entry to the USA for people without visas who are from six Muslim-majority nations: Syria , Iran , Libya, Somalia, Sudan and Yemen . Accordin...

by · Markets
Deutsche Bank to raise $8.5B, reorganize retail in Germany

Deutsche Bank to raise $8.5B, reorganize retail in Germany

Shares in lender opened at Deutsche Bank shares opened at €17.90 down from Friday's of €19.14. That, along with asset disposals at the investment bank, will help raise another 2 billion euros of cap...

by · Markets
Today's Brokerage Rating: Viavi Solutions Inc. (VIAV), Dick's Sporting Goods, Inc. (DKS)

Today's Brokerage Rating: Viavi Solutions Inc. (VIAV), Dick's Sporting Goods, Inc. (DKS)

The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.77 billion. Several analysts have released their opinion on Dick's Sporting Goods, Inc . The business a...

by · Markets
Keybank National Association OH Boosts Stake in Shell Midstream Partners LP (SHLX)

Keybank National Association OH Boosts Stake in Shell Midstream Partners LP (SHLX)

SHLX has been the topic of a number of other reports. Credit Suisse Group cut DCP Midstream Partners, from a "neutral" rating to an "underperform" rating and reduced their price target for the company...

by · Markets

Hewlett Packard Enterprise Company (NYSE:HPE) Sees The Needle Move on Volume

Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. The company shows its Return on Assets (ROA) value of 4%. An analys...

by · Markets

High school in Silicon Valley makes $24M from Snap IPO

Snap priced its IPO at $17 - but typically only company insiders, Wall Street big shots and institutional investors manage to grab public shares at the initial sale price for a company's IPO. The c...

by · Markets
Reliance Sells Paytm Stake To Alibaba For Rs 275 Crore

Reliance Sells Paytm Stake To Alibaba For Rs 275 Crore

The Anil Ambani-led company, which is one of India's largest in asset management, had first bought this stake for Rs 10 crore - and had also received one percent equity in Paytm's e-commerce wing, P...

by · Markets
UK Lords worry European Union laws could be scrapped without parliamentary scrutiny

UK Lords worry European Union laws could be scrapped without parliamentary scrutiny

It also warns that extending the work permit system now used for non-EU nationals to those from the union would disproportionately affect some employers' ability to sponsor EU workers, and could resul...

by · Markets
Paddy Power Betfair eyes more deals

Paddy Power Betfair eyes more deals

Newly merged bookmaker Paddy Power Betfair said the new financial year has started in line with expectations as it reported a 35% rise in underlying earnings before interest, tax, depreciation and a...

by · Markets
Lords rebellion will make European Union talks tougher, says PM

Lords rebellion will make European Union talks tougher, says PM

But peers are insisting that parliament should be given... But critics are concerned what will happen if there is no deal to vote on, something the government has said is unlikely but possible, and ...

by · Markets
United Kingdom retail shows first real sign of Brexit-related slowdown

United Kingdom retail shows first real sign of Brexit-related slowdown

The latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG found non-food retail sales fell 0.4% on a like-for-like basis and 0.2% on a total basis in the three months to Februa...

by · Markets
(COST) Stock Rating Reaffirmed by Guggenheim

(COST) Stock Rating Reaffirmed by Guggenheim

The company has a market cap of $74,785 million and there are 439,240,340 shares in outstanding. Vetr upgraded Costco Wholesale from a "hold" rating to a "buy" rating and set a $177.50 target price ...

by · Markets
Dow Chemical Company (The) (DOW) Position Increased by Frontier Wealth Management LLC

Dow Chemical Company (The) (DOW) Position Increased by Frontier Wealth Management LLC

Shares of DuPont have gained 0.7% to $80.18 at 1:48 p.m. today, while Dow Chemical has risen 0.9% to $63.82, 3M has fallen 0.3% to $188.83, and Celanese has advanced 0.3% to $90.22. The correct vers...

by · Markets
Today Recent Analysts' Ratings Changes for American Airlines Group (AAL)

Today Recent Analysts' Ratings Changes for American Airlines Group (AAL)

Many Analysts provided their foresight on Revenue Estimates of American Airlines Group Inc. where they believe that the company has the potential to earn average revenue of $9.61 Billion for the curre...

by · Markets