Wednesday, 29 March 2017
Latest news
Home » Finance


Reynolds American Inc. (NYSE:RAI)

BlackRock Japan Co. Ltd boosted its stake in shares of Reynolds American by 1.1% in the third quarter. The company's shares were closed at 60.90. CHURCHILL MANAGEMENT Corp boosted its stake in shares of Reynolds American by 5.1% in the third quarter. Read More »

Nifty slips below 9050, Sensex tanks over 250 points, Wockhardt rises 2%


On BSE, 1,826 shares declined and 982 shares rose. The NSE 50-share Nifty too was down 81.75 points or 0.90 per cent to quote at 9,039.75 at 1100hrs. Broader markets outperformed the key benchmark indices. Foreign portfolio investors (FPIs) bought shares worth a net Rs 356.64 crore yesterday, as per provisional data released by the stock exchanges. "Aviation sector stocks witnessed strong buying sentiments throughout the session". Read More »

Snap Stock Rises For Second Day After Its First Buy Rating


Snap (SNAP) landed its first Buy rating on Monday, halting a losing streak among Wall Street firms which so far have charted a gloomy future for the young social media company. Snap originally raised the attention of Wall Street, with analysts diminishing the company's reducing user growth, broadening costs and lack of voting rights for outside investors. Read More »

Alaska Airlines won't keep Virgin America brand


Alaska, which purchased Virgin America for $2.6 billion in December, said it will keep numerous Virgin brand elements, such as "enhanced in-flight entertainment, mood lighting, music and the relentless desire to make flying a different experience for guests". Read More »

Micron Technology, Inc. Surges As Outlook Blows Away Expectations

The stock closed up by 0.41 at $26.47 on above average volume. They issued a hold rating and a $25.00 price target for the company. There are 4 hold ratings, 30 buy ratings, 1 strong buy rating on the stock. During the same period past year, the business posted $0.24 EPS. Currently, EPS of Micron Technology, Inc . On 2/9/2017 Steven L Thorsen Jr, VP, sold 126,000 with an average share price of $24.64 per share and the total transaction amounting to $3,104,640.00. Read More »

ME authorities seize 5 baby alligators after taxi cab escape


Investigators said they had received a tip about the alligators being transported to the station in a taxi and they intercepted the cab when it arrived. "I know the movie Lake Placid says otherwise, but these don't belong in Maine", he said, referring to a film about a 30ft crocodile that terrorises Maine's Aroostook County. Read More »

Cloud computing growth lifts Oracle's profits, and its shares


Short-term deferred revenues were $7.4 billion, up 7% in US dollars and constant currency compared with previous year. Total revenues reported were up 2% from a year ago, to $9.2 billion. Co-CEO Mark Hurd said the vendor's cloud progress has left it hot on the tail of Salesforce , which reported revenue figures that were below expectations at the end of February. Read More »

SEC Adopts T+2 Settlement Cycle for Securities Transactions

The amendment of Rule 15c6-1 (a), which was introduced yesterday (22 March), is created to enhance efficiency, reduce risk, and ensure a coordinated and expeditious transition by market participants. Currently, the standard settlement cycle for these transactions is three business days, known as T+3. Murray Pozmanter, head of clearing agency services and global operations and client services at DTCC, stated: "We are pleased to see the SEC take important action to align the United States ... Read More »

Dividend Stock To Monitor: KB Home (NYSE:KBH)


The stock is now moving above its 20-Day Simple Moving Average of 11.05% with the 50-Day Simple Moving Average of 11.05 percent. On 22 March 2017, KB Home (NYSE:KBH) shares moved to $19.11 after starting the day at $19.120. March 23, 2016: KBH reported Q1 earnings of $0.14, beating consensus estimates of $0.11. Wedbush reaffirmed an "outperform" rating on shares of KB Home in a report on Friday, December 30th. Read More »

Noticeable Runner: Union Pacific Corporation (UNP)


The company has PEG ratio of 1.84 and price to cash ratio of 64.51. Among 21 analysts covering Canadian Pacific (NYSE:CP), 14 have Buy rating, 0 Sell and 7 Hold. Moreover, Buckingham Research issued Initiated rating for the stock on 18-Jan-17. According to Thomson Reuters , sell-side analysts are forecasting a harmony target price of $33.60 on company shares. Read More »

(GPOR) Downgraded by Goldman Sachs Group Inc to Neutral


Mizuho reiterated a buy rating and set a $32.00 price objective (down previously from $36.00) on shares of Gulfport Energy in a research note on Wednesday, December 28th. The firm's revenue was down 66.7% compared to the same quarter previous year. ( GPOR ) could bring EPS of $0.22/share. TRADEMARK VIOLATION WARNING: "Scotiabank Analysts Give Gulfport Energy Co". Read More »

Memorial Production Partners LP (MEMP) shows monthly volitility of 16.38%

They expect $-0.08 EPS, up 57.89% or $0.11 from last year's $-0.19 per share. Current price level places the company's stock about -70.49% from the 52-week high and 23.67% away from the 52-week low. The mean price target is $1.5 (according to consensus of 17 analysts). Arrow Investment Advisors LLC boosted its stake in Memorial Production Partners LP (NASDAQ:MEMP) by 22.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Read More »

(CTAS) Rating Increased to Buy at Zacks Investment Research


At present, the PEG is valued at 2.62 alongside the P/S ratio of 2.58 and P/B ratio of 6.47. Several other research analysts have also weighed in on the company. The business's revenue for the quarter was up 5.3% compared to the same quarter past year. During the same quarter in the prior year, the business earned $1.03 earnings per share. Read More »

Finish Line Inc (FINL) Receives $20.82 Consensus PT from Brokerages


Brean Capital lowered Finish Line from a "buy" rating to a "hold" rating in a research report on Monday, December 12th. The analysts offering 12 month price targets for The Finish Line , Inc. The business also recently declared a quarterly dividend, which was paid on Monday, March 13th. Shareholders of record on Friday, February 24th were given a dividend of $0.11 per share. Read More »

G20 finance ministers fail to reach an agreement to uphold free trade


In a blow to the credibility of the Group of 20 finance ministers meeting in Germany over the weekend, they ceded ground to the Trump administration's "America First" approach to global affairs. Breaking a decade-long tradition of endorsing open trade, G20 finance ministers and central bankers made only a token reference to trade in their communiqué , a clear defeat for host nation Germany, which fought the new US government's attempts to water down past commitments. Read More »

Missing Memphis child at the center of Amber Alert located


Several hours later, A'Lelah Fentress was reported missing after her mother went to pick her up from daycare only to discover she wasn't there. Memphis police now report that Isiah Edwards was never in the auto reported stolen. This odd saga began a little after 12:30 p.m. when Edwards reported that her 2014 Chevy Cruze was stolen at Ridgeway and Knight Arnold with her 1-year-old son, Isiah Edwards, still inside. Read More »

Gilead Sciences, Inc. (NASDAQ:GILD) & Carrizo Oil & Gas Inc


Cornerstone Capital Mgmt Lc stated it has 0.01% in Carrizo Oil & Gas Inc (NASDAQ:CRZO). Other analysts also recently issued reports about the stock. Mesirow Financial Investment Management Equity Management now owns 507,309 shares of the company's stock valued at $20,607,000 after buying an additional 57,620 shares during the period. Read More »

Active Stock Momentum: Target Corp. (TGT)


Target Corp. got Downgrade on 1-Mar-17 where investment firm Wolfe Research Downgrade the stock from Peer Perform to Underperform. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement. Read More »

Insider Trading at Range Resources Corp.?


Castleark Management LLC now owns 207,290 shares of the oil and gas exploration company's stock valued at $7,122,000 after buying an additional 190,300 shares during the last quarter. increased its position in shares of Range Resources Corp .by 14.3% in the fourth quarter. Gulf International Bank UK Ltd now owns 56,776 shares of the oil and gas exploration company's stock worth $2,200,000 after buying an additional 6,889 shares in the last quarter. Read More »

BT's Plusnet fined by Ofcom for overcharging customers


Ofcom has been forced to crack the regulatory whip once more after Plusnet was accused of billing former customers to the tune of half a million quid . She added: "This is really naughty of Plusnet; it's hard to understand how an extra £500,000 of income went unnoticed, with customers paying £487 extra on average". Read More »

Ofcom plans instant compensation for broadband troubles


They would receive either a cash payment or a credit on their bill, with the level of payments set by Ofcom. If a provider fails to start a service on the agreed date, it would have to pay £6 for each day of delay, including the missed start date. Read More »