Business


The Zacks Investment Research Downgrade CEMEX SAB de CV (CX) to Hold
- April 03, 2018

Much of this practice involves discovering the overall trend line of a stock's movement. Closely tracking fundamentals and technicals can help give some insight into stock price behavior. The RSI provides signals that tell investors to buy when the currency oversold and to sell when it is overbought. Technical analysts have little regard for the value of a company. (more...)
SEC Busts Fraudulent ICO Endorsed By Floyd Mayweather, Founders Defrauded $32 Mln SEC Busts Fraudulent ICO Endorsed By Floyd Mayweather, Founders Defrauded $32 Mln
- April 03, 2018

Sharma and Farkas were claiming that the company would offer different financial products which would include a debit card backed by MasterCard. The duo falsely offered Visa and MasterCard-backed debit cards allowing for the conversion of cryptocurrencies into United States dollars, despite having no such agreement with either credit card company. (more...)
CFPB director asks Congress to reduce the agency's power CFPB director asks Congress to reduce the agency's power
- April 03, 2018

Last month, Representative Jeb Hensarling of Texas, the Republican chairman of the House Financial Services Committee and a longtime proponent for curbing the agency's power, said he was willing to get behind a financial regulation bill that left the consumer bureau untouched . (more...)
Panera Bread data breach exposes customer data Panera Bread data breach exposes customer data
- April 03, 2018

Panerabread.com leaked eight months' worth of customer records from its website, according to a report by KrebsOnSecurity. Leaked data from the PaneraBread.com website includes names, email and physical addresses, birthdays and last four digits of the customer's credit card number. (more...)
Dow drops 600 points as Amazon tumbles, trade war fears rise Dow drops 600 points as Amazon tumbles, trade war fears rise
- April 03, 2018

The tech-heavy NASDAQ and the larger stock index, the S&P 500, are both also down more than 3 percent. Cherry and apple growers in Washington state are anxious their exports to China will be hurt by a growing trade war that escalated Monday when that country raised import duties on a $3 billion list of products. (more...)
Billions of Yen: Major Japanese Brokerage Could Rescue Crypto Exchange Coincheck Billions of Yen: Major Japanese Brokerage Could Rescue Crypto Exchange Coincheck
- April 03, 2018

Citing sources, Nikkei says Monex is in the process of submitting an offer worth "several billion yen" - a billion yen is approximately 10 million Dollars - while suggesting that Coincheck is struggling to comply with regulatory requirements and its own recovery effort following January's theft. (more...)
MGM Resorts International (NYSE:MGM) Joins World Observance of Earth Hour 2018
- April 03, 2018

Last trading transaction put the stock price at $33.80. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. (more...)
BHP Billiton Ltd. (BLT) Receives GBX 1463.47 Average Price Target from Brokerages BHP Billiton Ltd. (BLT) Receives GBX 1463.47 Average Price Target from Brokerages
- April 03, 2018

Wedbush maintained Carnival Corporation (NYSE:CCL) on Wednesday, March 29 with "Neutral" rating. Finally, Deutsche Bank lowered BHP Billiton from a buy rating to a hold rating in a research report on Wednesday, February 21st. Shares of BHP Billiton Ltd. (LON:BLT) have earned an average recommendation of "Hold" from the twenty brokerages that are now covering the stock, Marketbeat.com reports. (more...)
Phoenix police: Man dies after being shot by officer Phoenix police: Man dies after being shot by officer
- April 03, 2018

Police have not released his identity or condition. A preliminary investigation indicates the first officer arrived on scene in minutes. Neither officer was injured during the encounter. Greenville Fire-Rescue crews also responded. One of the officers was shot in the leg. Greenville Police were called to the neighborhood for a domestic stabbing. (more...)
Quant Signals Under Scrutiny For Ally Financial Inc. (NYSE:ALLY)
- April 03, 2018

The stock decreased 2.83% or $4.52 during the last trading session, reaching $155.27. Another trade for 12,398 shares valued at $843,064 was sold by Everett Nora Mary . About 11,214 shares traded. On Tuesday, February 27 the insider Decker Edward P. sold $3.31M. The institutional investor held 543,341 shares of the consumer services company at the end of 2017Q4, valued at $102.98M, down from 579,575 at the end of the previous reported quarter. (more...)
California SUV crash that killed family may have been intentional California SUV crash that killed family may have been intentional
- April 03, 2018

The family gained attention after Devonte Hart was photographed during a 2014 protest in Portland, Oregon, following a grand jury's decision not to indict a police officer in the shooting of a black man in Ferguson, Missouri. Bruce DeKalb said Devonte regularly came to his home to ask for food and said his parents weren't feeding him. Investigators last week obtained a search warrant for the family's home in Woodland and looked for itineraries, bank and phone records, credit card receipts, ... (more...)
Philippines, Malaysia put Uber-Grab deal under anti-competition scrutiny Philippines, Malaysia put Uber-Grab deal under anti-competition scrutiny
- April 03, 2018

Agreeing with him, Mr Kurniawan Raymond Massie noted that both Grab, a Singapore-based ride-hailing firm, and Uber offered new drivers promotions such as rental rebates and cash incentives for signing up or completing a certain number of rides. (more...)
Brokerages Set Ctrip.Com International Ltd (CTRP) Price Target at $55.33
- April 03, 2018

The company has a market cap of $23,927.25, a price-to-earnings ratio of 79.02, a PEG ratio of 4.50 and a beta of 1.85. The stock decreased 1.03% or $1.23 during the last trading session, reaching $118.39. (NASDAQ: CTRP ) has "Buy" rating given on Thursday, November 19 by Stifel Nicolaus. The stock of Visa Inc. Keefe Bruyette & Woods maintained it with "Buy" rating and $7500 target in Wednesday, August 2 report. (more...)
Scripps Networks Interactive (SNI) Receiving Positive Media Coverage, Accern Reports
- April 03, 2018

Motley Fool Asset Management Llc who had been investing in Church & Dwight Co Inc for a number of months, seems to be bullish on the $12.29 billion market cap company. Sg Americas Ltd Company reported 1.61M shares or 1.28% of all its holdings. Among 37 analysts covering FedEx ( NYSE:FDX ), 26 have Buy rating, 1 Sell and 10 Hold. (more...)
Tech woes, worsening tensions with China sink US stocks Tech woes, worsening tensions with China sink US stocks
- April 03, 2018

The S&P 500 Index closed below its average price for the past 200 days for the first time since June 2016 with fresh presidential criticism of Amazon.com and retaliatory tariffs from China rattling investors. Hong Kong's Hang Seng lost 0.6 per cent to 29,913.68. Markets in China, Japan, Australia and South Korea all declined while the Japanese yen rose against the dollar as currency traders looked for a safe haven. (more...)
Keep Your Eyes on This Stock: Enterprise Products Partners LP (EPD) Keep Your Eyes on This Stock: Enterprise Products Partners LP (EPD)
- April 03, 2018

Fayez Sarofim & Company who had been investing in Enterpriseproductspartnerslp (Mlp) for a number of months, seems to be bullish on the $53.16B market cap company. Bank of America assumed coverage on Enterprise Products Partners in a report on Tuesday, January 9th. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned "Overweight" rating by Atlantic Securities on Thursday, August 13. (more...)
Valeant Pharmaceuticals International's (VRX) Valeant Pharmaceuticals International's (VRX) "Positive" Rating Reaffirm at Guggenheim
- April 03, 2018

Analysts await Valeant Pharmaceuticals International, Inc . ( VRX ) escalated 2.91% and closed its last trading session at $15.92. The funds in our database now hold: 169.66 million shares, down from 169.87 million shares in 2017Q3. Keybank National Association OH acquired a new stake in shares of Valeant Pharmaceuticals Intl during the 4th quarter worth approximately $208,000. (NYSE: VRX ). (more...)
Ormat Technologies (NYSE:ORA) Receives Daily Media Sentiment Rating of 0.17
- April 03, 2018

Sold All: 2 Reduced: 4 Increased: 13 New Position: 23. Ormat Technologies Inc . has a 52 week low of $32.25 and a 52 week high of $51.19. ILLEGAL ACTIVITY WARNING: "Brokerages Set Ormat Technologies, Inc". Anadarko Pete Corp (NYSE:APC) was reduced too. The investment professionals in our partner's database reported: 21.31 million shares, up from 20.98 million shares in 2017Q3. (more...)
Why Arsenal fans are not coming to the stadium again- Arsene Wenger Why Arsenal fans are not coming to the stadium again- Arsene Wenger
- April 03, 2018

In the second half, Stoke remained resolute in their defending and were only exposed on few occasions on the counter-attack. It was to prove a shallow oasis in a desert of barren first-half mediocrity however as Arsenal continued to waste possession. (more...)
Viacom, Inc. (NASDAQ:VIAB) Viacom, Inc. (NASDAQ:VIAB)
- April 03, 2018

It has underperformed by 52.05% the S&P500. Viacom Inc. had 135 analyst reports since August 7, 2015 according to SRatingsIntel. The company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.09. (more...)
Disney makes offer for Sky News Disney makes offer for Sky News
- April 03, 2018

Fox proposed the news channel's sale to Disney to guarantee the editorial independence of the operation. Mr Murdoch would gain full control of the cable news channel if United Kingdom regulators approve the planned £11.7billion takeover of its parent Sky by 21st Century Fox. (more...)
Teachers protest force school closings in 2 U.S. states Teachers protest force school closings in 2 U.S. states
- April 03, 2018

In Frankfort, Ky., teachers and other school employees gathered outside the Kentucky Education Association a couple of blocks from the Capitol, chanting "Stop the war on public education" and held signs that say "We've Had Enough". William Dunn, a fourth- and fifth-grade math teacher at Nichols Upper Elementary School in Miami, said he's not impressed by the recent legislation. (more...)
Mcdonald's Corp (MCD) Position Lifted by Columbia Partners LLC Investment Management Mcdonald's Corp (MCD) Position Lifted by Columbia Partners LLC Investment Management
- April 03, 2018

McDonald's Corporation (NYSE: MCD ) has risen 21.62% since April 2, 2017 and is uptrending. It has outperformed by 7.94% the S&P500. Gendell Jeffrey L increased Lsb Inds Inc (LXU) stake by 4.53% reported in 2017Q4 SEC filing. (NASDAQ:MDLZ). Franklin Res Inc owns 2.03M shares for 0.04% of their portfolio. Moreover, Regions has 0.64% invested in McDonald's Corporation (NYSE:MCD) for 342,449 shares. (more...)
Harbour Energy bids $10.4 bln for Australia's Santos Harbour Energy bids $10.4 bln for Australia's Santos
- April 03, 2018

The deal will be underwritten by JP Morgan and Morgan Stanley with the balance in equity from Harbour. Shares in Santos soared on Tuesday after the company said Harbour Energy - an investment vehicle formed by American private equity firm EIG Global Energy Partners - had returned with an all-cash proposal worth $6.50 per share. (more...)
Analyst's Notable Buzzer: Time Warner Inc. (TWX) Analyst's Notable Buzzer: Time Warner Inc. (TWX)
- April 03, 2018

Time Warner (NYSE: TWX ) last posted its quarterly earnings data on Wednesday, November 2nd. It has outperformed by 7.39% the S&P500. Highlander Management Ltd has invested 0.29% of its portfolio in Time Warner Inc . (NYSE: TWX ) on Friday, November 27 with "Buy" rating. The firm has "Buy" rating given on Thursday, January 4 by Guggenheim. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods. (more...)

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