Business


Washington Trust Bank Raises Position in QUALCOMM, Inc. (QCOM)
- March 05, 2018

Kcm Investment Advisors Llc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $726.28 billion market cap company. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has "Neutral" rating given on Tuesday, September 8 by JP Morgan. The firm has "Buy" rating given on Thursday, July 23 by Brean Capital. (more...)
How Many Northgate plc (LON:NTG)'s Analysts Are Bullish?
- March 05, 2018

As of December 31, 2015, the companyÂ's total estimated proved reserves included 105.2 million barrels of oil equivalent. Peel Hunt's price target indicates a potential downside of 35.00% from the company's current price. SSLYF's SI was 11.36 million shares in March as released by FINRA. Beazley plc (LON:BEZ) has 0.00% since March 5, 2017 and is. It has underperformed by 16.70% the S&P500. (more...)
Metro Detroit's gas prices rise 6 cents Metro Detroit's gas prices rise 6 cents
- March 05, 2018

While pump prices have dipped in recent weeks, this is not a trend consumers should expect to linger. Amarillo's average gas price rose 3.0 cents per gallon in the past week, averaging $2.29/g yesterday, according to GasBuddy's daily survey of 147 gas outlets in Amarillo. (more...)
Capital Analysts LLC Invests $593000 in Pioneer Natural Resources (PXD)
- March 05, 2018

Raymond James Financial Services Advisors Inc who had been investing in Buckeye Partners LP for a number of months, seems to be bullish on the $6.52 billion market cap company. As per Tuesday, February 6, the company rating was maintained by Robert W. Baird. Pioneer Natural Resources (NYSE:PXD) last posted its earnings results on Tuesday, February 6th. (more...)
Trump takes a jab at Xi over lifetime job at top Trump takes a jab at Xi over lifetime job at top
- March 05, 2018

The adviser, Liu He, said he will take charge of reform efforts this month and wants a list of USA demands for what China can do to ease tensions, according to the person, who requested anonymity to discuss a confidential meeting. Li said China will keep its prudent monetary policy neutral and will ensure reasonable liquidity. The central government intends to shrink its budget deficit to 2.6% of GDP from 3% in 2017 - the first time it has cut this ratio in more than five years. (more...)
Rain for start of week, threat of freezing temps follow Rain for start of week, threat of freezing temps follow
- March 05, 2018

Showers will start up around 5 p.m. and continue through the overnight hours. Some showers may linger into Tuesday morning. We'll break into the lower 50s with a little bit more cloud cover but still a lot of sunshine. The coldest mornings will be on Thursday and Friday , with lows at or just below the 32┬║ mark. We'll have a partly to mostly sunny sky on Sunday with a much lighter breeze. (more...)
LLC Sells 9054 Shares of Occidental Petroleum Co. (OXY)
- March 05, 2018

The company has market cap of $499.53 million. The stock increased 0.97% or $0.35 during the last trading session, reaching $36.35. Swiss Commercial Bank accumulated 0.21% or 2.89M shares. Mycio Wealth Partners Lc reported 0.05% of its portfolio in Occidental Petroleum Corporation (NYSE: OXY ). Therefore 19% are positive. JPMorgan Chase & Co. (more...)
SPDR S&P Russia ETF (RBL) Declines 1.42% for Mar 3 SPDR S&P Russia ETF (RBL) Declines 1.42% for Mar 3
- March 05, 2018

First Merchants Corp now owns 133,484 shares of the company's stock valued at $13,486,000 after purchasing an additional 2,445 shares during the last quarter. Marietta Wealth Management LLC's holdings in Guggenheim S&P 500 Equal Weight ETF were worth $4,359,000 at the end of the most recent reporting period. (more...)
Service sector contracts in February Service sector contracts in February
- March 05, 2018

Interest rates are now at 0.5 per cent and a possible future increase is widely expected to be a small 0.25 per cent. Rate hike on the cards? Business confidence strengthened to a five-month high, with 51% of the panel, comprising around 450 Irish service companies, predicting a rise in activity over the coming year. (more...)
Oil demand growth to shift to petrochemicals away from motor fuels: IEA Oil demand growth to shift to petrochemicals away from motor fuels: IEA
- March 05, 2018

However, he noted that "the weak global investment picture remains a source of concern" as the industry faces not only growing demand but many oil fields running dry. Venezuela's output dropped by 30,000 barrels a day to 1.68 million barrels. Production from the prolific Permian Basin will double over the period and the country's total liquid hydrocarbon output will rise to 17 million barrels a day from 13.2 million a year ago. (more...)
Akash Ambani Tying The Knot With Diamantaire Russel Mehta's Daughter Shloka? Akash Ambani Tying The Knot With Diamantaire Russel Mehta's Daughter Shloka?
- March 05, 2018

A news has been doing the rounds about Mukesh Ambani's son Akash Ambani is likely to tie the knot with his school friend Shloka Mehta. According to the sources, both of the business families are keeping this happy news a bit secret and are going to arrange a formal engagement ceremony soon, probably on March 24, and wedding to be held in coming December. (more...)
US Orders Qualcomm to Delay Board Meeting for Review of Broadcom Offer US Orders Qualcomm to Delay Board Meeting for Review of Broadcom Offer
- March 05, 2018

Broadcom on Monday indicated that Qualcomm shareholders meeting scheduled for March 6 could be postponed amid the investigation by CFIUS on national security challenges posed by Broadcom. Despite Broadcom's plans to move back to the United States, CFIUS has already shown an interest in the proposed transaction because Broadcom has proposed six directors for Qualcomm's 11-member board. (more...)
New vehicle sales fall for 11th straight month New vehicle sales fall for 11th straight month
- March 05, 2018

Diesel cars held a market share of just 35 per cent last month, compared with 44.5 per cent in February 2017. According to the Society of Motor Manufacturers and Traders, 80,805 new cars were registered last month, representing a 2.8 per cent decline on the same period in 2017. (more...)
Enbridge Energy Management (EEQ) Given News Sentiment Rating of 0.22
- March 05, 2018

Bollard Group Llc who had been investing in Enbridge Energy Management Llc for a number of months, seems to be less bullish one the $1.12B market cap company. (NYSE:EEQ). Janney Montgomery Scott Limited Co holds 22,096 shares or 0% of its portfolio. Tortoise Cap Advisors Ltd Liability Com invested 0.8% of its portfolio in Enbridge Energy Partners, L.P. (more...)
Exxon Mobil (XOM) Stock Rating Reaffirmed by Piper Jaffray Companies Exxon Mobil (XOM) Stock Rating Reaffirmed by Piper Jaffray Companies
- March 05, 2018

Leading up to this report, we have seen a -3.38% fall in the stock price over the last 30 days and a 4.9% increase over the past 3 months. The stock decreased 0.73% or $0.13 during the last trading session, reaching $17.69. BMO Capital Markets maintained the shares of XOM in report on Monday, May 1 with "Hold" rating. The stock has "Hold" rating by Jefferies on Thursday, July 27. (more...)
Global crypto-economy under threat? 600 Bitcoin-Mining machines stolen Global crypto-economy under threat? 600 Bitcoin-Mining machines stolen
- March 05, 2018

Report from Associated Press revealed that as many as 600 miners - which are worth nearly $2 million and are yet to be recovered - were stolen during four different incidents in December and January . While the market value of the equipment stands at a significant $2 million itself, if the thieves instead use it to mine bitcoin, they could easily turn an even larger profit over time. (more...)
French insurer AXA buys US XL Group for $15.3B French insurer AXA buys US XL Group for $15.3B
- March 05, 2018

Upon completion of the transaction, the combined operations of XL Group, Axa Corporate Solutions and Axa Art will be led by Greg Hendrick, now the president and chief operating officer of XL Group, who will be appointed CEO of the combined entity. (more...)
Councils threaten Government housing plan Councils threaten Government housing plan
- March 05, 2018

Writing in the Daily Telegraph ahead of Monday's speech, Mrs May took aim at housebuilders constructing "row after row of identikit red-tiled boxes" in towns and cities with the plans putting a focus on buildings which suit their surroundings. (more...)
Facebook Inc (FB) Shares Sold by University of Notre Dame DU Lac
- March 05, 2018

Oklahoma-based Bokf Na has invested 0.77% in Facebook, Inc . The stock increased 1.34% or $1.06 during the last trading session, reaching $80.34. The company had revenue of $12.97 billion during the quarter, compared to analyst estimates of $12.58 billion. (more...)
Sensex falls 250 pts; Nifty slips below 10400 level Sensex falls 250 pts; Nifty slips below 10400 level
- March 05, 2018

All but one of the 19 sectoral indexes compiled by BSE Ltd. declined led by a gauge of metal companies, that tumbled to near a one-month low. The US President, on Friday, said that he would impose a 25 percent import tariff on steel and 10 percent on aluminium to protect US producers, a move that could trigger a trade war with China and Europe . (more...)
United Parcel Service, Inc. (UPS) Position Raised by Cetera Advisor Networks LLC
- March 05, 2018

Legal & General Group Plc now owns 4,016,959 shares of the transportation company's stock worth $482,280,000 after buying an additional 118,403 shares during the last quarter. 232.46 million shares or 1.40% less from 235.76 million shares in 2017Q2 were reported. Sun Life Inc reported 2,346 shares. Its down 12.77% from 4,700 shares previously. (more...)
Setting out Brexit vision, Britain's May appeals to European Union to show flexibility
- March 05, 2018

The head of a hardline group of pro-Brexit lawmakers on Saturday gave a cautious welcome to Prime Minister Theresa May's plans for Britain's future ties with Europe, saying now was not the time to nitpick. "The British people voted for Brexit and I think its politicians are obliged to implement the decision they have asked to take", said she. Even Michel Barnier has recognised "the solution can not be based on a precedent". (more...)
China's defence budget less than major countries' China's defence budget less than major countries'
- March 05, 2018

The Chinese government says its defense spending this year will grow 8.1 percent from 2017. The 2018 defense budget will be 1.11 trillion yuan ($175 billion USD), according to a report issued at the opening of the country's annual meeting of parliament. (more...)
Weather warnings remain in place for further snow Weather warnings remain in place for further snow
- March 05, 2018

In the last 30 minutes we have been inundated with workers being forced to travel or walk miles in the snow to get to... A red warning remains in place until 10am and an amber warning is in place until 6pm, with the public advised not to travel. (more...)
Messi seals win for Barcelona against Atletico Madrid Messi seals win for Barcelona against Atletico Madrid
- March 05, 2018

Barcelona midfielder Sergio Busquets hit out at La Liga's schedulers after his side beat Atletico Madrid 1-0 on Sunday in a top-of-the-table clash less than 72 hours after playing away in the Canary Islands. When is Barcelona vs Atletico Madrid? Simeone was pragmatic about his club's hopes of regularly upsetting the Barca-Real Madrid stronghold. The position of the free kick was flawless for Messi, and he wrapped his left foot around the ball, curling it away from the diving Oblak ... (more...)

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