Business

Business Big budget boost for U.S. military
Author: 0 Big budget boost for U.S. military

A preliminary spending plan shows Trump hopes to increase spending in those areas by $54 billion. 69 News spoke with Dynalene, a company in Whitehall Township, Lehigh County, that develops and manufactures industrial heat transfer fluids and coolants.

Business India's Manufacturing Sector Expands For Second Month
Author: 0 India's Manufacturing Sector Expands For Second Month

A reading above 50 indicates expansion and a figure below that indicates contraction. Zhou said it was "very likely" that China's central bank would raise short-term interest rates by a another 10 basis points in March - which would mark the third such move in as many months - as authorities grow more confident that the economy is on steadier footing.

Author: 0 Signet tumbles after report of harassment at subsidiary

The Washington Post first reported the allegations Monday, based on newly released class-action arbitration filings. The parent company of Sterling Jewelers , which owns Jared the Galleria of Jewelry and Kay Jewelers, halted trading in its stock Tuesday after shares plunged to a four-year low.

Author: 0 Foot Locker, Inc. (NYSE:FL)

Wedbush reiterated an outperform rating and set a $80.00 price target on shares of Foot Locker in a report on Friday, December 2nd. Foot Locker has a 1-year low of $50.90 and a 1-year high of $79.43. In other news, Director Jarobin Gilbert, Jr. sold 1,000 shares of the stock in a transaction dated Tuesday, December 6th. The shares were sold at an average price of $76.23, for a total transaction of $76,230.00.

Business Smart Money Still Has Faith in Southwestern Energy Company (NYSE:SWN)
Author: 0 Smart Money Still Has Faith in Southwestern Energy Company (NYSE:SWN)

SWN stock's price is now -52.85% down from its 52-week high and +38.68% up from its 52-week low. ARP Americas LLC purchased a new position in shares of Southwestern Energy Company during the fourth quarter worth $125,000. Several hedge funds have recently added to or reduced their stakes in SWN. Tudor Pickering cut shares of Southwestern Energy Company from a "buy" rating to a "hold" rating in a research report on Friday, December 2nd.

Business Billionaire Wilbur Ross confirmed as Donald Trump's secretary of commerce
Author: 0 Billionaire Wilbur Ross confirmed as Donald Trump's secretary of commerce

Ross' nomination is scheduled for a vote on Monday at around 7 p.m. (0000 GMT). Wilbur Ross , a billionaire investor who has served as vice-chairman of the Bank of Cyprus since 2014, has received two letters from senators demanding answers about possible links between the bank and current and former Trump administration and campaign officials.

Author: 0 Stock Chalking up Significant Action in Session: JPMorgan Chase & Co. (NYSE:JPM)

Family Firm Inc. increased its stake in J P Morgan Chase & Co by 0.3% in the second quarter. (NASDAQ:AMD) shares moved to $15.20 after starting the day at $14.30. If you are viewing this story on another publication, it was stolen and republished in violation of USA & global copyright & trademark laws. 01/09/2017 - J P Morgan Chase & Co had its "hold" rating reiterated by analysts at Instinet.

Author: 0 Benedict Cumberbatch to star in short Showtime series

The project, to be a co-production venture between Showtime and Sky Atlantic, will see the 40 year old British star play Patrick Melrose in a five-part series of adaptations of Edward St. "We are delighted to be part of this incredible series", Cumberbatch and fellow executive producer Adam Ackland said in a statement. The show is being created in America by the network Showtime, but will also air in the United Kingdom on Sky Atlantic.

Business Trump White House proposes 'historic increase' in defense spending
Author: 0 Trump White House proposes 'historic increase' in defense spending

In the interview , Mr. Trump also addressed his recently announced decision not to attend the White House Correspondents Dinner in April - the first time since 1981 that the sitting president has not attended. "Politics!" Trump said in a tweet. The White House budget office issued a statement confirming that an interim budget submission will be released in mid-March but declining to comment on an "internal discussion".

Business Chesapeake Energy Corporation (NYSE:CHK) reported EPS of 0.07 on 12/31/2016
Author: 0 Chesapeake Energy Corporation (NYSE:CHK) reported EPS of 0.07 on 12/31/2016

Seaport Global Securities started coverage on Chesapeake Utilities Corporation in a report on Friday, December 2nd. The company now has an average rating of "Hold" and an average target price of $8.03. They issued a "market perform" rating on the stock. Several institutional investors have recently modified their holdings of the company. Wunderlich reaffirmed a "buy" rating and issued a $10.00 target price on shares of Chesapeake Energy Corporation in a report on Tuesday, January 24th.

Business The Goodyear Tire & Rubber Company (NASDAQ:GT) Stock Technicals Hit Strength
Author: 0 The Goodyear Tire & Rubber Company (NASDAQ:GT) Stock Technicals Hit Strength

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cooper Tire & Rubber Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director HOLLAND JOHN J has sold 4,000 shares of Cooper Tire & Rubber Company ( CTB ) in trading session dated November 16, 2016.

Author: 0 Valeant Pharmaceuticals Intl Inc (NYSE:VRX): What to Expect From Earnings?

The price objective on Valeant Pharmaceuticals is based on below peers 4.5X analyst's 2017 EPS view of $4.86. Following the acquisition, the director now directly owns 26,822 shares of the company's stock, valued at $395,088.06. In Valeant Pharmaceuticals Intl Inc (NYSE: VRX)'s last 12 earnings reports, it has beaten EPS estimates 58% of the time. Finally, RBC Capital Markets restated a "sector perform" rating and set a $22.00 price target on shares of Valeant Pharmaceuticals ...

Business Worth Watching Stock: EOG Resources, Inc. (NYSE:EOG)
Author: 0 Worth Watching Stock: EOG Resources, Inc. (NYSE:EOG)

Counsel & Corp Sec) sold 2,931 shares at 106.54 per share price. Its sales stood at 0.50% a year on average in the period of last five years. Company earnings numbers are typically highly analyzed by investors and analysts alike. EOG Resources Inc shares rose $1.99 (+2.03%) in after-hours trading Monday. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell.

Author: 0 Kindred Healthcare reports 4Q loss

A ROI of 3.80% for the company evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. There are now 85,160,000 shares in issue with a current share value of 7.85 giving Kindred Healthcare , Inc.

Author: 0 Salesforce posts an all-around beat for its earnings, but investors aren't thrilled

On Tuesday, February 7th, Marc Benioff sold 10,000 shares of salesforce .com, inc. stock. Some buy side analysts are also providing their Analysis on salesforce .com, inc., where 15 analysts have rated the stock as Strong buy, 27 analysts have given a Buy signal, 4 said it's a HOLD, 0 reported it as Underperform and 1 analysts rated the stock as Sell.

Author: 0 Pelosi: Trump administration has 'done nothing' since he took office

In the Trump era, though it's impossible to dismiss the idea that Pelosi and Schumer were taking direct aim at a president who can't seem to ignore or forget a slight, and they dealt them out by the bushel on Monday afternoon. "That kind of thing is a nonstarter and I've told the president that". With a solid Republican majority, that's not going to happen. " Donald Trump would like us to believe that immigrants are all terrorists and criminals", Schumer said, saying the president's ...

Author: 0 Cybersecurity Firm Palo Alto's Forecasts Miss Estimates

The company saw revenue figures of $422.6 million, missing our estimate of $429.6 million. Cybersecurity company Palo Alto Networks forecast third-quarter revenue and profit well below analysts' estimates, sending its shares down 18% after the bell on Tuesday.

Business Fed may need to raise interest rates in 'near future': Kaplan
Author: 0 Fed may need to raise interest rates in 'near future': Kaplan

With the US economy at full employment and inflation moving back up toward the central bank's goal of 2 percent, the Federal Reserve could raise borrowing costs again as soon as next month, San Francisco Federal Reserve Bank President John Williams signaled on Tuesday.

Author: 0 BioCryst gains in 4Q sales from Peramivir flu treatment

The stock's market capitalization is $404.93 million. Company's distance from 20 day simple moving average is -7.69% and distance from 50-Day simple moving average is -10.93%. While the actual EPS the company reported in the same quarter previous year was -0.25/share. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

Author: 0 The Marathon Petroleum Corporation (MPC) Stake Raised by Bamco Inc. NY

Marathon Oil Corporation has 1 year price target of $20.82. State Street Corp now owns 43,704,229 shares of the company's stock valued at $656,014,000 after buying an additional 159,499 shares in the last quarter. Marathon Oil Corporation Last issued its quarterly earnings results on Feb 15, 2017. On average, equities analysts anticipate that Marathon Petroleum Corporation will post $3.11 EPS for the current year.

Business Virender Sehwag: Former India cricketer 'trolls' student
Author: 0 Virender Sehwag: Former India cricketer 'trolls' student

Delhi University student Gurmehar Kaur has withdrawn from a protest march against campus violence and has made a decision to leave Delhi . "After creating trouble in Ramjas College in Delhi , they perpetrated violence in Panjab University, Chandigarh ".

Author: 0 Sizzling sales numbers from Domino's Pizza

Jefferies Group now has a "Neutral" rating and a $150.00 target price on the stock. Over all for the quarter, Domino's reported earnings of $72.7 million, or $1.48 a share, compared with $62.8 million, or $1.18 a share, a year earlier. Lawton holds 52,264 (0.11% of shares outstanding). The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Business SpaceX to send first paying tourists around moon next year
Author: 0 SpaceX to send first paying tourists around moon next year

NASA will have first dibs on a similar mission if it so chooses, he said. According to the Los Angeles Times , Musk said in the teleconference that his company's current contract with NASA would take precedent over the commercial flight should the administration choose to request the two seats on the Dragon capsule's flight around the moon.

Author: 0 Colon and rectal cancers surge among millennials and Generation X

In light of the findings, the authors say it may be time to consider changing the guidelines for the age to start routine screenings for colon cancer. In Britain, nearly nine out of 10 people with the disease are over 60 years old. But what researchers found is a dichotomy between the younger and older groups.

Business Buffett's firm says 4Q profit up 15 percent on investments
Author: 0 Buffett's firm says 4Q profit up 15 percent on investments

While speaking with CNBC's Becky Quick from Omaha, Neb., Buffett said Berkshire, which owned 59 million shares at the end of 2016, had purchased about 120 million shares of Apple in 2017. Through 2016, the compounded annual increase for the Vanguard index fund is 7.1% and only an average of 2.2% for the five funds-of-funds. Buffett said his ambitious move into Apple shares was piggybacking on the initial investment made by Buffett's deputy investment managers, Todd Combs and Ted ...

Author: 0 Scotiabank keeps banks' dividend party on a roll as profit climbs

Jarislowsky Fraser Ltd now owns 36,212,738 shares of the company's stock valued at $1,353,943,000 after buying an additional 19,238,416 shares during the period. Subject to certain conditions, holders may elect to convert any or all of their Preferred Shares Series 40 into an equal number of Non-Cumulative Floating Rate Class B Preferred Shares Series 41 (Non-Viability Contingent Capital (NVCC)) ("Preferred Shares Series 41") on May 25, 2022, and on May 25 of every fifth year thereafter.

Business ING Groep NV Raises Position in The Coca-Cola Co (KO)
Author: 0 ING Groep NV Raises Position in The Coca-Cola Co (KO)

The EPS consensus range is $0.3-$0.32 on revenue between $2.52B and $2.45B. Iowa State Bank increased its position in shares of The Coca-Cola by 0.6% in the third quarter. The company also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. This represents a $1.40 annualized dividend and a yield of 3.36%.

Business Newmont Mining Corporation (NEM) - Investment Analysts' Weekly Ratings Changes
Author: 0 Newmont Mining Corporation (NEM) - Investment Analysts' Weekly Ratings Changes

Newmont Mining Corporation (NYSE:NEM)'s earnings per share has been growing at a -19.3 percent rate over the past 5 year when average revenue increase was noted as -8.3 percent. This represents a change from most recent open price of 0.49%. In other news, EVP Scott P. Lawson sold 1,500 shares of Newmont Mining Corp stock in a transaction on Tuesday, January 31st.

Author: 0 What are analysts Suggestions on: Halliburton Company (NYSE:HAL)

Halliburton Company had its " rating reiterated by analysts at Deutsche Bank. Telemark Asset Management LLC's holdings in Halliburton Company were worth $13,523,000 at the end of the most recent quarter. Shares of Halliburton Co. Several research firms have recently issued reports on HAL. Zacks Investment Research raised Halliburton Company from a "hold" rating to a "buy" rating and set a $55.00 price target for the company in a research note on Monday, November 21st.

Business India students rally after woman threatened with rape
Author: 0 India students rally after woman threatened with rape

JNU student Kanhaiya Kumar, who is out on bail in a sedition case, also joined the anti-ABVP protest march at DU. The clash started over an invite to JNU students Umar Khalid and Shehla Rashid to address a seminar on "Culture of Protests" which was withdrawn by the college authorities following opposition by the ABVP.

Business Buffett says $143B Unilever talks soured quickly
Author: 0 Buffett says $143B Unilever talks soured quickly

Buffett predicted that Apple would beat his own conglomerate to become a trillion dollar company, and jokingly offered to swap with Tim Cook. But he thinks they now are performing better after "a bad century". into one of the most successful conglomerates, delivered another black eye to the investment management industry on Saturday, saying investors should "stick with low-priced index funds".

Author: 0 This Analyst Now Favors Chevron Shares Over Exxon

Psagot Investment House Ltd. bought a new position in Exxon Mobil during the fourth quarter worth $119,000. Horan Securities Inc. bought a new stake in Exxon Mobil during the third quarter valued at approximately $137,000. Several brokerages have weighed in on XOM. Endeavour Silver Corp. (NYSE:EXK) keeps its position active in context of investors' investment valuation, price per shares jumped up 2.39% to $4.71 with volume of 572600.

Business Delhi to Mumbai in 80 minutes: Hyperloop aims to tap Indian mkt
Author: 0 Delhi to Mumbai in 80 minutes: Hyperloop aims to tap Indian mkt

H1 is partnering with the Dubai Roads and Transport Authority (RTA) to evaluate the feasibility of building this system in greater Dubai and the UAE and the announcement follows the next stage of development for the company, which is gearing up for its "Kitty Hawk" moment early next year when H1 will test a full-scale prototype of its system in the Nevada desert.

Author: 0 Research Report for: Kinder Morgan, Inc. (NYSE:KMI)

The Company now has Insider ownership of 1.3 Percent and Institutional Ownership of 58.3 Percent. Several research analysts have commented on KMI shares. The analysts' present consensus range is $0.15-$0.2 for EPS. The ex-dividend date of this dividend is Monday, January 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.22%.

Author: 0 Price Target Analysis: General Electric Company (NYSE:GE)

TheStreet lowered Emerson Electric Company from a "buy" rating to a "hold" rating in a report on Tuesday, November 1st. Its last month's stock price volatility remained 4.05% which for the week approaches 3.44. However a year ago during same quarter General Electric Company (NYSE:GE) reported $0.21EPS. Shareholders of record on Monday, February 27th will be issued a $0.24 dividend.

Author: 0 Barkindo OPEC Sec-Gen arrives Nigeria on 4-day visit

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammed Barkindo, says the global oil and gas sector lost about $1 trillion to the meltdown in the prices of crude oil in the last two years. USA shale producers started to up production again when crude prices first reached a psychological level of $50 per barrel in May 2016, following a lasting slump triggered by a global glut.

Author: 0 United Kingdom regulator reaches settlement over BHS pension scheme

In a statement released this afternoon, Green confirmed he contributed £363 million of his own funds to plug the collapsed department store chain's pension deficit, which was revealed to be £571 million after it went into administration nearly a year ago.

Business Line technology f***** up PSV's title hopes, blasts keeper
Author: 0 Line technology f***** up PSV's title hopes, blasts keeper

De Stadionclub claimed what could prove to be a decisive win in the battle for the Eredivisie title as Jan-Arie van der Heijden's 82nd-minute victor sealed all three points. "He went only by his watch". Even so, what a devastating way for PSV to concede their title hopes. PSV could have closed the gap on the Eredivisie leaders to eight points with a win in Rotterdam, but instead they're 11 points adrift.

Business Traders Alert: Nordstrom Inc. (NYSE:JWN), Inphi Corporation (NYSE:IPHI)
Author: 0 Traders Alert: Nordstrom Inc. (NYSE:JWN), Inphi Corporation (NYSE:IPHI)

A number of other institutional investors have also recently added to or reduced their stakes in the company. Finally, Susquehanna Bancshares Inc assumed coverage on shares of Nordstrom in a research note on Friday, February 10th. The company beat the analyst EPS Estimate with the difference of $0.12. The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th.

Author: 0 Active Volume Stock: Whiting Petroleum Corp. (NYSE:WLL)

Chart Industries, Inc. (NASDAQ:GTLS) yearly performance is 81.98% and net profit margin is -21.90%. The company had revenue of $316.50 million for the quarter, compared to analysts expectations of $350.92 million. The stock's quarterly performance indicates a Positive momentum of 6.72 percent, whereas its last one month trend is Pessimistic with -10.67 percent.

Business US Dollar Index Trading Lower, Chicago PMI Rises
Author: 0 US Dollar Index Trading Lower, Chicago PMI Rises

The 20-City Composite reported a year-over-year gain of 5.6%, up from 5.2% in November. The cities with the largest annual gain included Seattle, Portland and Denver, which saw increases of 10.8%, 10% and 8.9% respectively. Low inventory has also helped push prices higher as buyers go head to head over a limited number of houses. Before seasonal adjustment, the National Index posted a month-over-month gain of 0.2% in December.

Author: 0 Stocks under Review: Kohl's Corp. (NYSE:KSS), Mondelez International, Inc. (NASDAQ:MDLZ)

These price targets are a consensus analysis of 23 brokers. Zacks Investment Research cut shares of Kohl's Corporation from a "buy" rating to a "hold" rating in a research report on Wednesday, November 30th. The stock was sold at an average price of $52.41, for a total value of $1,434,776.16. The company's shares were given away at $52.41 per share worth to an income of some $1,434,776 on account of MCDONALD WESLEY S.

Business Warren Buffett invests heavily in Apple
Author: 0 Warren Buffett invests heavily in Apple

Buffett used the letter to again explain the advantages of low-priced index funds. "As the subject of repurchases has come to a boil, some people have come close to calling them un-American - characterising them as corporate misdeeds that divert funds needed for productive endeavours", Mr Buffett said.

Business Exelixis, Inc. (EXEL) Receives Average Rating of
Author: 0 Exelixis, Inc. (EXEL) Receives Average Rating of "Buy" from Analysts

Legal & General Group Plc now owns 40,997 shares of the biotechnology company's stock worth $319,000 after buying an additional 7,500 shares during the period. William Blair reaffirmed an "outperform" rating on shares of Exelixis in a research report on Saturday, January 28th. Seven equities research analysts have rated the stock with a buy rating, The company now has a consensus rating of "Buy" and a consensus target price of $15.60.

Business Senate confirms billionaire investor Wilbur Ross as commerce secretary
Author: 0 Senate confirms billionaire investor Wilbur Ross as commerce secretary

Ross, 79, a billionaire investor, is expected to play a crucial role in President Donald Trump's plans to change US trade policy, including renegotiating the North American Free Trade Agreement. In his Senate confirmation hearing last month, Ross urged Toyota Motor Corp. and other manufacturers to build more plants in the United States as part of efforts to create more jobs and reduce the USA trade deficit.

Business Paytm E-commerce launches 'Paytm Mall' online marketplace app
Author: 0 Paytm E-commerce launches 'Paytm Mall' online marketplace app

Paytm Mall aims to offer a combination of the Mall and Bazaar concepts to Indian consumers. There is a strict quality guidelines and qualification criteria which sellers have to pass to use the platform . The service was introduced by Paytm's e-commerce segment, which has been running parallel with the company wallet service since the beginning. It will also be focusing on electronics, top fashion brands and FMCG categories, while another section under Paytm Mall called Paytm Bazaar will ...

Author: 0 Softbank in talks to merge OneWeb with Intelsat

Japanese technology investor Softbank is lining up a merger between its OneWeb investment and rival Intelsat, according to reports. Last past year, U.S. Airbus and Coca-Cola are among the other investors in OneWeb, along with Richard Branson's Virgin. OneWeb was valued at $2.5bn in its most recent fundraising, while Intelsat, shares in which have a market value of roughly $550m, carries about $15bn of debt.

Author: 0 Mosul battle reaches key bridge over the Tigris

Abadi was quoted by Reuters as saying: "We are determined to chase terrorism that tries to kill our sons and citizens, wherever it is found, so we gave orders to the air force command to strike Islamic State positions in (the Iraqi town of) Hosaiba and Albu Kamal inside Syrian territory as they were responsible for recent bombings in Baghdad".