Business


Public Service Commission vote allows Plant Vogtle to proceed Public Service Commission vote allows Plant Vogtle to proceed
- December 21, 2017

Bechtel is completing construction of the project under the management of Southern Nuclear , the Southern Company subsidiary that operates the existing two units at Plant Vogtle. Commission staff acknowledged a $1 billion difference between its forecast of future natural gas prices and that of the company. Westinghouse's Chapter 11 filing set off a chain of events that jeopardized both projects. (more...)
Marathon Oil (NYSE:MRO) Gets an Upgrade to a Marathon Oil (NYSE:MRO) Gets an Upgrade to a "Sell" Rating
- December 21, 2017

Westover Capital Advisors Llc decreased Marathon Petroleum Corp ( MPC ) stake by 19% reported in 2017Q2 SEC filing. The stock increased 0.97% or $0.63 during the last trading session, reaching $65.38. Tremblant Capital Group, which manages about $3.75B and $1.40 billion US Long portfolio, decreased its stake in Realogy Hldgs Corp (NYSE:RLGY) by 1.17 million shares to 2.98 million shares, valued at $96.59M in 2017Q2, according to the filing. (more...)
Birmingham will host Commonwealth Games in 2022 Birmingham will host Commonwealth Games in 2022
- December 21, 2017

But the Midlands city has had to wait nearly three months to have its victory confirmed. Liverpool had previously been in the running for Britain's candidate city, but the Birmingham bid was backed ahead of Liverpool's by the United Kingdom government. (more...)
USA upholds almost 300% duties on Bombardier in Boeing case USA upholds almost 300% duties on Bombardier in Boeing case
- December 21, 2017

The decision is not necessarily final; it could be overturned if the U.S. International Trade Commission finds that Boeing did not suffer material injury as a result of the Delta sale; the ITC's final decision is expected on february 1. (more...)
Twitter adds more verification options for two-factor authentication Twitter adds more verification options for two-factor authentication
- December 21, 2017

This will prove to be an important move taken by Twitter due to the fact that SMS-based two-factor authentication uses static codes. That means those codes could be intercepted in the event a hacker or some other malicious third-party has access to one or more alternative ways of viewing messages on a device other than having physical access to it. (more...)
Rolling Stone magazine gets new owner after 50 years
- December 21, 2017

In a statement, PMC said Wenner Media would keep "majority control and editorial oversight" of Rolling Stone . Co-founder Jann Wenner will stay on board as editorial director and his son, Gus Wenner , will remain president and COO. Penske Media said it would support Rolling Stone by providing digital media expertise and infrastructure, among other things. Several bidders emerged. (more...)
Boeing notches win over Bombardier as USA confirms 300% tariff Boeing notches win over Bombardier as USA confirms 300% tariff
- December 21, 2017

Delta in 2016 ordered up to 125 110-seat C Series jets for its fleet. The decision is not necessarily final; it could be overturned if the U.S. International Trade Commission finds that Boeing did not suffer material injury as a result of the Delta sale; the ITC's final decision is expected on february 1. (more...)
House Republican proposes net neutrality replacement bill House Republican proposes net neutrality replacement bill
- December 21, 2017

Here are the net-neutrality promises from the country's biggest wireless and cable companies. "It will fundamentally change how people access and use the internet by giving internet providers like AT&T , Comcast, and Verizon the legal right to suppress political opinions they disagree with, slow down web content, and stifle innovation by start-ups". (more...)
AT&T to invest $1B and pay bonuses due to GOP tax bill AT&T to invest $1B and pay bonuses due to GOP tax bill
- December 20, 2017

The $1.5 trillion tax package includes a substantial cut to the federal corporate rate, which will drop to 21% from 35%. After the tax bill passed Wednesday, Trump heralded AT&T's announcement during a celebration with Congressional Republicans at the White House. (more...)
How Analysts Rated On Track Innovations Ltd. (NASDAQ:OTIV) Last Week?
- December 20, 2017

This estimate is provided by 2 analysts . On Track Innovations Ltd . designs, develops, and markets cashless payment solutions. The company operates in the Industrials sector with a market capitalization of 69880. Therefore 63% are positive. It also provides various products to detect various herpes simplex virus (HSV) and herpes family viruses; H&V-Mix to isolate HSV, VZV, and Cytomegalovirus; R-Mix to detect Influenza A and B, RSV, Adenovirus, and Parainfluenza types 1, 2, and 3; Sofia S. (more...)
Plowing up the statistics on: International Business Machines Corporation (IBM)
- December 20, 2017

On the opposite side of that transaction from Berkshire Hathaway Inc stood Vanguard Group Inc which added 1.08 million shares to its existing stake, bringing total stake held in IBM to 63.31 million shares. Natl Registered Inv Advisor stated it has 8,806 shares. 6,040 were reported by Wheatland Inc. Davidson Invest reported 0.01% of its portfolio in International Business Machines Corporation (NYSE: IBM ). (more...)
U.S. existing home sales jump past forecasts in November U.S. existing home sales jump past forecasts in November
- December 20, 2017

Single-family home sales grew 4.5% to a seasonally adjusted annual rate of 5.09 million in November and are now 3.2% above the pace from a year ago. After last month's increase, sales are 3.8% higher than a year ago and are at their strongest pace since December 2006. (more...)
BlackBerry Q3 results beat estimates, shares surge BlackBerry Q3 results beat estimates, shares surge
- December 20, 2017

Canadian software maker BlackBerry managed to beat loss expectations and despite posting a 24.9 per cent quarterly revenue decline on Wednesday, its shares jumped 8 per cent in premarket trading. "The growth specifically in enterprise software is good to see". The company said enterprise software and services sales increased 11.5 per cent from a year ago as it received orders from customers including the U.S. (more...)
Magellan Midstream Partners, LP (MMP) Consensus Estimates Analysis
- December 20, 2017

About 2.04M shares traded or 4.08% up from the average. (NYSE:MPW) has declined 4.49% since December 20, 2016 and is downtrending. Magellan Midstream Partners had a return on equity of 40.99% and a net margin of 34.50%. Acrospire Investment Management LLC now owns 2,200 shares of the pipeline company's stock valued at $157,000 after acquiring an additional 1,700 shares in the last quarter. (more...)
Are Occidental Petroleum Corporation (OXY) Falling Victim to higher 100.24 PE
- December 20, 2017

The company has market cap of $129.11 billion. It has ranged in price between $70.63-$71.22 after having started the session at $70.91 as compared to the previous trading day's close of $70.62. Driehaus Capital Ltd holds 5,620 shares or 0.01% of its portfolio. Toronto Dominion Comml Bank holds 3,741 shares or 0% of its portfolio. Capital International Ltd. (more...)
Does Zoetis Inc. (ZTS) Have More Gas After Achieving All-Time High? Does Zoetis Inc. (ZTS) Have More Gas After Achieving All-Time High?
- December 20, 2017

Friess Associates Llc who had been investing in Zoetis Inc. for a number of months, seems to be bullish on the $35.39B market cap company. It has ranged in price between $71.91-$72.92 after having started the session at $71.96 as compared to the previous trading day's close of $71.96. (more...)
Crossmark Global Holdings Inc. Acquires Shares of 274550 Mondelez International Inc (MDLZ)
- December 20, 2017

The institutional investor held 15,229 shares of the consumer non-durables company at the end of 2017Q2, valued at $658,000, up from 6,896 at the end of the previous reported quarter. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1.15M shares. Pier Capital Limited Liability Corp holds 562,582 shares. Godshalk Welsh Cap holds 1.13% or 26,250 shares in its portfolio. (more...)
Are Whiting Petroleum (NYSE:WLL) Shares Headed North? Seaport Global Issues Upgrade
- December 20, 2017

The stock price of WLL is moving down from its 20 days moving average with -1.43% and isolated positively from 50 days moving average with 0.26%. About 190,126 shares traded. The firm earned "Underweight" rating on Wednesday, October 18 by Morgan Stanley. Whiting Petroleum Corporation (NYSE:WLL) has declined 20.87% since December 18, 2016 and is downtrending. (more...)
Worth Watching Stock: QUALCOMM Incorporated (QCOM)
- December 20, 2017

What Historical Figures Say About QUALCOMM Incorporated (NASDAQ: QCOM)? It has underperformed by 7.39% the S&P500. Mirae Asset Global Investments Limited holds 143,590 shares or 0.14% of its portfolio. Hills Bank & Trust Company increased Intel Corp (NASDAQ:INTC) stake by 18,003 shares to 91,191 valued at $3.08M in 2017Q2. Exxon Mobil Corp (NYSE:XOM) was reduced too. (more...)
Holder Temasek Holdings Private LTD Raised Alexion Pharmaceuticals INC (ALXN) Holding
- December 20, 2017

For the ongoing Fiscal Quarter, 19 analysts have an average earnings forecast of $1.27 per share. Temasek Holdings Private Ltd increased Alexion Pharmaceuticals Inc (ALXN ) stake by 18.45% reported in 2017Q2 SEC filing. Sivik Global Healthcare Llc, a Connecticut-based fund reported 110,000 shares. Moreover, London Co Of Virginia has 0.51% invested in Alexion Pharmaceuticals, Inc. (more...)
Atlanta airport power outage cancels, delays flights at Detroit Metro Airport Atlanta airport power outage cancels, delays flights at Detroit Metro Airport
- December 20, 2017

The outage was reportedly triggered by a fire that started in an underground electrical facility. Even though power was finally restored at close to midnight Sunday, the incident continued to wreak havoc on holiday travel plans for thousands of people hit by airline cancellations extending into Monday. (more...)
Himachal Pradesh swings back to BJP; CM candidate Prem Kumar Dhumal loses Himachal Pradesh swings back to BJP; CM candidate Prem Kumar Dhumal loses
- December 20, 2017

Mr Singh, a six-time chief minister, a scion of the Rampur-Bushahr royal family, and often called "rajaji" for his royal lineage, registered a win from Arki despite the Congress receiving a drubbing. His departure from Himachal politics means that now the hill state has no one with a mass appeal. The name of defeated chief ministerial face Prem Kumar Dhumal has not been ruled out either. (more...)
The AES Corporation (NYSE: AES)
- December 20, 2017

Buckhead Capital Mngmt Limited Liability Company has invested 0.36% in The AES Corporation (NYSE: AES ). Finally, Quantitative Investment Management LLC bought a new position in AES in the 2nd quarter worth approximately $5,339,000. Following the purchase, the chief financial officer now owns 219,131 shares of the company's stock, valued at $2,331,553.84. The disclosure for this purchase can be found here. (more...)
Elon Musk's Twitter fail exposes billionaire's phone number Elon Musk's Twitter fail exposes billionaire's phone number
- December 20, 2017

The post was quickly deleted, but not without many of his followers being able to see it. The tweet invited speculation that Musk, 46, may have been trying to recruit Carmack or was seeking ways for Oculus to cooperate with any of the many businesses he runs. (more...)
Woman charged $450 after leaving a negative hotel review Woman charged $450 after leaving a negative hotel review
- December 20, 2017

She said she found hair and dirt in the sheets. Arthur said she cleaned the room herself. So she vented with some "honest" feedback after being asked to leave an online review by the hotel. The policy was posted on the hotel's website, but customers were not given a hard copy of the rule, and it was not posted in hotel common areas or rooms, according to the Attorney General. (more...)

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