Business


China Officials Are Said to View Treasuries Less Attractive China Officials Are Said to View Treasuries Less Attractive
- January 10, 2018

Bloomberg quoted unnamed sources close to the topic that official Chinese authorities overseeing the country's foreign exchange reserves have recommended a delay or even a suspension of US Treasury purchases. It was not clear what other markets would be large enough to invest in should China reduce its participation in the Treasury market, raising some speculation that the news may constitute some political bargaining. (more...)
Are Analysts Bullish Denbury Resources Inc. (NYSE:DNR) After Last Week?
- January 10, 2018

BlackRock Fund Advisors now owns 20,292,061 shares of the company's stock valued at $65,543,000 after buying an additional 2,095,648 shares during the last quarter. Denbury Resources (NYSE:DNR) down -2.94% to close at the price of $2.31. (NYSE:DNR), 0 have Buy rating, 3 Sell and 9 Hold. Therefore 71% are positive. (more...)
Tesla's Buffalo Gigafactory is officially producing solar roof tiles Tesla's Buffalo Gigafactory is officially producing solar roof tiles
- January 10, 2018

They were first presented in October 2016, while the United States company started taking orders at the beginning of May 2017. Elon Musk has previously said: "Solar Roof is more affordable than conventional roofs because in most cases, it ultimately pays for itself by reducing or eliminating a home's electricity bill". (more...)
Virtus Investment Advisers Inc. Buys Shares of 89996 Lennar Corp. (LEN) Virtus Investment Advisers Inc. Buys Shares of 89996 Lennar Corp. (LEN)
- January 10, 2018

Mckinley Limited Liability Com Delaware, Unknown-based fund reported 5,570 shares. Robeco Institutional Asset Management B.V. raised its stake in shares of Lennar by 20.6% in the 2nd quarter. Mizuho lowered Lennar from a " buy " rating to a "neutral" rating and decreased their price objective for the stock from $59.00 to $53.00 in a research report on Tuesday, September 19th. (more...)
Most Active Stock: Rite Aid Corporation (RAD)
- January 10, 2018

Shares of BGC Partners, Inc. (EXPR) were valued at $7.37 and moved -20.24% as of a recent closing trade. Leverage ratio is the total debt of a company divided by total assets of the current and past year divided by two. If the RSI is traveling up and it is between 40 and 80, it is probably an indication of an uptrend. Technical analysts have little regard for the value of a company. (more...)
Williams Cos Inc/The (WMB) Position Boosted by Partners Group Holding Ag
- January 10, 2018

One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. UTX's profit will be $1.25B for 21.52 P/E if the $1.56 EPS becomes a reality. Since August 8, 2017, it had 0 insider purchases, and 3 insider sales for $8.61 million activity. (more...)
Passengers face travel chaos in latest wave of strikes — RAIL STRIKES Passengers face travel chaos in latest wave of strikes — RAIL STRIKES
- January 10, 2018

Merseyrail and Greater Anglia are affected by the 24-hour walkout being staged by the RMT union. Picket lines will be mounted outside railway stations affected by the strike, and passengers face delays, cancellations and replacement buses in some parts of the country. (more...)
Warren Buffett's Berkshire Hathaway expands its board Warren Buffett's Berkshire Hathaway expands its board
- January 10, 2018

Abel has been named vice chair of non-insurance operations, and Jain vice chair of insurance operations. Buffett, 87, has said he has no plans to retire. Jain joined the Berkshire Hathaway Insurance Group in 1986 and now serves as executive vice president of National Indemnity Company with overall responsibility for leading Berkshire's reinsurance operations. (more...)
Apple pays HMRC an extra £137 million after 'extensive' audit Apple pays HMRC an extra £137 million after 'extensive' audit
- January 10, 2018

The company said: "As a multinational business and the largest taxpayer in the world, Apple is regularly audited by tax authorities around the world". Apple Europe employs around 800 people provides administrative, marketing and other services to group affiliates. Apple Europe employs almost 800 staff members according the Financial Times , taking a pre-tax profit of £297 million in the months up to April 2017. (more...)
UK Manufacturing Rose in November to Sustain Monthly Expansion Streak UK Manufacturing Rose in November to Sustain Monthly Expansion Streak
- January 10, 2018

Overall, U.K. industrial output grew by 0.4% on month, in line with market expectations. At the same time, manufacturing grew 0.4 percent after rising 0.3 percent a month ago. Economists had forecast 2.8 percent increase. Separately, the ONS said the United Kingdom goods trade deficit with the rest of the world widened slightly in November to GBP12.2 billion from the revised October figure of GBP11.7 billion. (more...)
Virgin stops selling Daily Mail newspaper on trains Virgin stops selling Daily Mail newspaper on trains
- January 10, 2018

The Mail claimed that it was informed by Branson's firm last November that to "save space" it was restricting sales to just three newspapers - the Mirror, the Financial Times and the Times. A spokesperson for Virgin said it regularly reviewed products sold on its trains and "after listening to feedback from our people" it chose to stop stocking copies of the paper. (more...)
Spread betting firms hit by 'damaging' FCA warning Spread betting firms hit by 'damaging' FCA warning
- January 10, 2018

It found most providers and distributors in the review were unable to offer a satisfactory definition of their target market or to explain how they align the needs of this group to the CFD product they offered. Chief executives have now been told to "consider" whether their firms are complying with FCA requirements. The FCA said the findings pointed to CFD providers and distributors failing to conduct their business in line with regulatory principles. (more...)
Tesla Share Prices Takes A Hit After Another Model 3 Delay Tesla Share Prices Takes A Hit After Another Model 3 Delay
- January 10, 2018

Specifically, Tesla is now aiming to manufacture 5,000 Model 3 units per week by the end of June. The good people over at Inside EVs have done their tabulating, and the numbers are in: in 2017, very almost 200,000 electric vehicles were sold in the US. (more...)
United States oil output to surpass record earlier than expected United States oil output to surpass record earlier than expected
- January 10, 2018

West Texas Intermediate (WTI) crude will average 55.33 US dollars a barrel this year, the EIA said, up from last month's estimate of 52.77 dollars, and 57.43 dollars in 2019. "Domestically, things are lining up in terms of moderate prices and increased opportunity for production". Ken Medlock, director of an energy-studies program at Rice University in Houston, says an assessment Tuesday, Nov. (more...)
Salesforce.com (CRM) Receives Daily Coverage Optimism Score of 0.09
- January 10, 2018

On average, equities research analysts forecast that salesforce.com, inc. will post $1.29 earnings per share for the current year. It has underperformed by 16.70% the S&P500. Renaissance Technologies Ltd stated it has 2.36 million shares. Perhaps, that suggests something about why 5.37% of the outstanding share supply is held by institutional investors. (more...)
Stunning Healthcare stock Synergy Pharmaceuticals Inc. (SGYP)
- January 10, 2018

The brokerage now has a buy rating on the biopharmaceutical company's stock. The firm had revenue of $5.01 million during the quarter, compared to analyst estimates of $4.53 million. Synergy Pharmaceuticals Inc. (SGYP ) stock is now trading -34.07% away from its average-price of 200 days while it maintained a distance of -1.80% from its 50 Days Moving Average and 3.35% compared with the 20 Day Moving Average. (more...)
Nike Releases Team USA's Medal Stand Collection Nike Releases Team USA's Medal Stand Collection
- January 10, 2018

With that in mind, Nike designed a super-insulated jacket for both male and female Olympians. The lightweight but warm coat also comes with a removable bomber jacket. In response, the United States Olympic Committee has created a Medal Stand Kit in conjunction with Nike to keep American athletes warm as they proudly watch the rise of the Stars and Stripes and hear the National Anthem played. (more...)
Johnson & Johnson (JNJ) Lowered to Hold at Vetr
- January 10, 2018

Affinity Investment Advisors Llc decreased Lincoln National Corp (LNC) stake by 6.47% reported in 2017Q3 SEC filing. The company has market cap of $390.03 billion. The stock of CNX Resources Corporation (NYSE:CNX) has "Neutral" rating given on Monday, August 15 by Bank of America. Among 17 analysts covering Consol Energy Inc. (more...)
Penn National Gaming, Inc. (PENN) Receives $18.28 Average PT from Brokerages Penn National Gaming, Inc. (PENN) Receives $18.28 Average PT from Brokerages
- January 10, 2018

Following the transaction, the insider now directly owns 46,281 shares of the company's stock, valued at $1,160,264.67. Parametric Associates Limited Liability holds 0.01% or 238,615 shares in its portfolio. Parkside Commercial Bank And Tru reported 333 shares. Telsey Advisory Group upgraded Penn National Gaming, Inc. (NASDAQ:PENN) latest ratings and price target changes. (more...)
$0.40 EPS Expected for Boardwalk Pipeline Partners, LP (BWP)
- January 10, 2018

About 566,147 shares traded. NuVasive, Inc. (NASDAQ:NUVA) has risen 33.31% since January 9, 2017 and is uptrending. It has outperformed by 21.07% the S&P500. Loews reported 11.75% stake. Alps Advisors Inc holds 1.05% or 10.10 million shares. Prns Grp Hldg Ag holds 66,000 shares. Northwestern Mutual Wealth Mngmt holds 80 shares or 0% of its portfolio. (more...)
Devon Energy Corp. (DVN) Position Raised by Advantus Capital Management Inc
- January 10, 2018

Regentatlantic Capital Llc who had been investing in Intel Corp for a number of months, seems to be bullish on the $204.17 billion market cap company. Devon Energy Corporation (NYSE:DVN) tinted gains of +0.32% (+0.14 points) to US$43.25. Therefore 80% are positive. Wabtec had 27 analyst reports since December 21, 2015 according to SRatingsIntel. (more...)
$0.32 EPS Expected for JetBlue Airways Corporation (JBLU) $0.32 EPS Expected for JetBlue Airways Corporation (JBLU)
- January 10, 2018

The company was upgraded on Wednesday, April 27 by Cowen & Co. The institutional investor held 115,529 shares of the prepackaged software company at the end of 2017Q3, valued at $8.61M, down from 124,936 at the end of the previous reported quarter. (more...)
Uber's Chinese competitor launching bike-sharing integration, service Uber's Chinese competitor launching bike-sharing integration, service
- January 10, 2018

The company has issued a statement regarding its next move. Uber's (Private: UBER ) China-based competitor Didi Chuxing (Private:DIDI) plans to integrate bike-sharing services through its app - and will launch a bike-sharing service of its own. (more...)
Cerner Corporation (CERN) Analysts See $0.58 EPS
- January 10, 2018

Cerner Corporation (NASDAQ: CERN ) has risen 19.54% since January 9, 2017 and is uptrending. It has outperformed by 2.84% the S&P500. Cerner has a fifty-two week low of $47.09 and a fifty-two week high of $73.86. 30,291 were accumulated by Ww Asset Management Inc. Mitsubishi UFJ Kokusai Asset Management Co. Boston Advsr Ltd stated it has 0.01% of its portfolio in Cerner Corporation (NASDAQ:CERN). (more...)
Fed's Rosengren urges study of creating target range for inflation Fed's Rosengren urges study of creating target range for inflation
- January 10, 2018

James Bullard, president of the Federal Reserve Bank of St. Louis, said he wouldn't be surprised if the tax reforms yielded a longer-term payoff for the economy. Prolonged low inflation, which also reflects soft wage growth, can make monetary policy less effective because "it gets into inflation expectations and makes it harder to achieve 2% objective in good times". (more...)