Business

Tech Stocks To Watch: Twitter, Inc. (TWTR), Cisco Systems, Inc. (CSCO)

Cisco announced they will be increasing their quarterly dividend by $0.03 to $0.29 per common share. The biggest holder now is John T. Chambers who owns 1,470,581 shares (0.03% of those outstanding), whilst Mr. During the trading on 02/13/2017, Company's stock ranged from $31.55 to $32.00. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 4.74% where SMA50 and SMA200 are... [Full Article...]

Engine maker Rolls-Royce logs record loss of £4.0bn

Rolls-Royce, best known for making aircraft engines for Boeing Co. and Airbus SE long-range planes, reported a £83 million profit the year prior. The company was fined £671 million in January to settle bribery and corruption claims probed by Britain's Serious Fraud Office and authorities in Brazil and the United States. [Full Article...]

Burger King, Tim Hortons owner's sales rise

Burger King, Tim Hortons owner's sales rise Restaurant Brands International shares last traded at $53.80, with a volume of 2,775,793 shares changing hands. According to their predictions High & Low revenue estimates are 1.15 Billion and 1.07 Billion respectively. The company opened 85 Tim Hortons locations in Canada, 26 in the USA and 11 internationally. The approach to expansion that Tim Hortons has adopted mirrors what Burger King has u... [Full Article...]

Humana Will Leave Obamacare Altogether In 2018

The Affordable Care Act has provided health insurance for your constituents and has done so with overwhelming success. A bipartisan forum consisting of democratic representatives Tina Liebling and Duane Sauke, and republican senators Carla Nelson and Dave Senjem, addressed around 60 attendees who had concerns about the future of their health care coverage, and other pressing matters such as mental... [Full Article...]

ArcelorMittal (NYSE:MT), The Procter & Gamble Company (NYSE:PG)

ArcelorMittal (NYSE:MT), The Procter & Gamble Company (NYSE:PG) The company has a market capitalization of $225.00 billion, a PE ratio of 22.43 and a beta of 0.59. USA stocks were little changed early today following data showing higher retail sales and consumer inflation, while Procter & Gamble rose as a leading activist disclosed a stake in the company. [Full Article...]

The Evercore ISI Reaffirms "Hold" Rating for Groupon, Inc. (GRPN)

Shares of Groupon have underperformed the broader Zacks Internet - Commerce industry over the last one year. Full-year profit views are for Groupon, Inc .to earn -$0.01 in current year and grow profits by almost -107.14% over last year's earnings of $0.14. [Full Article...]

Fossil Group Provides Q1 & 2017 Guidance

These analysts and investment firms use various valuation methods to decide a price target for a stock. Fossil Group, Inc .is involved in designing, marketing and distribution of consumer fashion accessories. A total of 3.72 million shares exchanged at hands and its average trading volume is standing at 1.2 million shares. Piper Jaffray Companies reissued a "sell" rating and issued a $23.00 tar... [Full Article...]

Dow climbs to new record Monday; S&P reaches $20T

Dow climbs to new record Monday; S&P reaches $20T Goldman Sachs , which advanced 1.46%, contributed the most gains to the blue-chips gauge. Shares of JPMorgan Chase and Caterpillar were the Dow's biggest movers Monday. "Even though we have social unrest and building geopolitical tensions, the market refuses to fall in any meaningful fashion, which means there remains a very strong underlying bid in the market", Adam Sarhan, chief executive of... [Full Article...]

TSX rises for 6th straight day, climbing to a new record

TSX rises for 6th straight day, climbing to a new record Despite reasurances the economy is on stable footing with a labor market nearing full capacity and inflation moving closer to the 2% target, later in the hearing, Yellen called the 1.9% annualized economic growth rate "disappointing". At the moment, the federal funds rate is in a range of 0.5% to 0.75%. Thomson Reuters data shows traders see a 17.7 percent chance of a 25-basis-point hike in rate... [Full Article...]

DuPont, Chemours to pay up to $900M+ in Teflon cancer deal

DuPont, Chemours to pay up to $900M+ in Teflon cancer deal Both companies didn't admit liability or fault. "This agreement provides a sound resolution for area residents, Chemours , and the public", said David C. If the whole $250 million is paid out, the settlement will average around $259,000 per claim, including lawyer fees. DuPont will cover any excess liabilities up to the next $25 million. [Full Article...]

Aussie banks give ground in Apple Pay stoush

In a submission to the competition regulator on January 31, Apple said there were no public benefits to providing the banks access to its contactless payment system, and that doing so would give them a "free-ride" on Apple's investment in technology. [Full Article...]

Tsipras confident on bailout review but urges no more burdens for Greece

Tsipras confident on bailout review but urges no more burdens for Greece The IMF has sat on the sidelines of the latest bailout program and says it cannot participate in a programme which could keep Greece in a never-ending cycle of indebtedness that could push national borrowing to 275% of economic output by 2060. [Full Article...]

Tragedy as 32 tourists die in Taiwan

Tragedy as 32 tourists die in Taiwan Taiwan News cited a preliminary investigation by highway police as saying that the group was on its way back to Taipei follow a trip to the Wuling Farm to view the cherry blossom. Among the victims, 30 people died at the scene while two died in the hospital. Investigators said the driver of that bus intentionally set fire to it in a suicide bid before it careered into a crash barrier. [Full Article...]

ROE of Western Digital Corporation (NASDAQ:WDC) stands at -4

TheStreet lowered shares of News Corporation from a "buy" rating to a "hold" rating in a report on Wednesday, October 26th. Several research firms recently commented on NWSA. Its last month's stock price volatility remained 1.49% which for the week stands at 2.29%. Cerner Corporation (CERN ) recently recorded 1.79 percent change and now at $53.88 is 14.61 percent away from its 52-week low and... [Full Article...]

The Goldman Sachs Group, Inc. (NYSE:GS) Earns 13 Analysts Hold Rating

The transaction was disclosed in a document filed with the SEC, which is available at this link . Also, insider Sarah G. Smith sold 10,691 shares of the company's stock in a transaction on Friday, February 3rd. will next provide financial results for the March 2017 quarter. Stockholders of record on Thursday, March 2nd will be given a $0.65 dividend. This represents a $2.60 annualized dividend an... [Full Article...]

China foreign trade sees rapid growth in January

China foreign trade sees rapid growth in January China's crude oil imports increased by 27.5 percent in January, as compared to the figure of a year ago. Import of Russian goods contracted 3.1% year-on-year to $32.2 bln last year. Trump and Xi spoke by phone on Thursday evening, the first conversation between the pair since Trump took office. Trump seemed to change tack and said he would honour the longstanding "one China" policy during his conv... [Full Article...]

Reckitt Benckiser to buy Mead Johnson

Reckitt Benckiser to buy Mead Johnson Several company insiders have filed Insider transactions, on Nov 1, 2016, Anna C Catalano (director) sold 656 shares at $74.99 per share price. Susquehanna Bancshares Inc reiterated a "hold" rating and set a $90.00 price target on shares of Mead Johnson Nutrition Company in a research report on Wednesday, October 19th. [Full Article...]

Ford to invest $1 bln in autonomous vehicle tech firm Argo AI

Ford to invest $1 bln in autonomous vehicle tech firm Argo AI Argo certainly has the pedigree to make this a fruitful relationship - after all, founders Bryan Salesky (who now serves as the CEO) and Peter Rander (chief operating officer) formerly led the self-driving vehicle teams at Google and Uber, respectively. [Full Article...]

Duke Game on Tonight?

Kennedy Meeks (3) is defended by Duke's Grayson Allen (3) on Thursday night. But for now, that's OK. "I thought we were focused and bad plays didn't affect us", the UNC coach said. Tatum's impact continued through the final buzzer. The question still looms over all Duke fans. A sublime talent who will likely be an National Basketball Association lottery pick this summer, he's struggled at ti... [Full Article...]

Expect 'phenomenal' announcement on taxes in coming weeks

Expect 'phenomenal' announcement on taxes in coming weeks With Trump's decision to ban immigrants from seven countries, he said that there would be a " phenomenal " announcement in terms of tax during a meeting with airline CEOs on Thursday. The president also said he is "lowering the overall tax burden on American businesses big league". The Aussie was down 0.1 percent at $0.7628, drifting away from a three-month peak of $0.7696.Meanwhile, Australia's t... [Full Article...]


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