Economy

Expedia, Inc. (NASDAQ:EXPE) Stake Boosted by Alta Capital Management LLC

Expedia, Inc. (NASDAQ:EXPE) Stake Boosted by Alta Capital Management LLC Umb Bank N A who had been investing in Expedia Inc for a number of months, seems to be bullish on the $18.76B market cap company. The stock decreased 4.87% or $0.11 during the last trading session, reaching $2.15. (NASDAQ: EXPE ) for 23,650 shares. (NASDAQ: EXPE ) for 68,600 shares. Moreover, First Trust Co has 1.17% invested in 3M Company (NYSE:MMM). GoPro, Inc. [Full Article...]

Dow Jones PLUMMETS: US index set for worst week in NINE YEARS

Dow Jones PLUMMETS: US index set for worst week in NINE YEARS The Standard & Poor's 500, the benchmark for many index funds, is also 10 per cent below the record high it set recently. The Dow Jones industrial average lost 1,032 points, or four per cent, to finish at 23,860.46. Scott Wren, senior global equity strategist for Wells Fargo Investment Institute, said investors are anxious that the higher wages could eat into corporate profits and that the Fed... [Full Article...]

Wall St ends whipsaw week on upbeat note

Wall St ends whipsaw week on upbeat note The Dow Jones Industrial Average fell 1,032.89 points , or 4.15 per cent, to 23,860.46, the S&P 500 lost 100.66 points , or 3.75 per cent, to 2,581 and the Nasdaq Composite dropped 274.83 points , or 3.9 per cent, to 6,777.16. "And that is a process that is playing out". "You will often see bounces off those levels", said Anwiti Bahuguna, senior portfolio manager at Columbia Threadnee... [Full Article...]

Dow Jones falls by more than 1000 amid high interest scare

There have only been four 10 per cent stock market corrections since the recession ended in 2009 and experts say a correction may be a long overdue breather from the raging bull market which the markets have now been experiencing. The S^and^P 500 and Nasdaq also dropped slightly. Bond yields in the United States have also risen in recent weeks, typically a signal of higher rates. [Full Article...]

Detroit says it will not enforce its controversial new Airbnb rules

Detroit says it will not enforce its controversial new Airbnb rules The public was never told that was intended. In the meantime, the city's law department is now reviewing the current ordinance, and Airbnb hosts will not be ticketed. The city has been recovering in recent years, and the presence of Airbnb likely hasn't hurt. "This provision is a direct response to voices of residents and this is addressing their concerns", Benson told the Free Press . [Full Article...]

Wall Street does it again: US stocks fall 4% as sell-off deepens

Wall Street does it again: US stocks fall 4% as sell-off deepens Federal Reserve will raise interest rates faster than expected due to a pick-up in wages. The DJIA quickly recovered much of that loss. Earlier, the Dow Jones Industrial Average fell by more than 1,000 points for the second time this week. [Full Article...]

Watching the Charts on Shares of Teradata Corp (TDC)

SQ share have rallied by 13.93% in percentage terms since the start of the year - and retreated -3.38% in the last month. This showed a surprise of -25% in the last quarter earnings. 361 Capital LLC now owns 82,388 shares of the oil and gas company's stock valued at $1,725,000 after buying an additional 6,914 shares during the period. [Full Article...]

Bank of America Corp (BAC) Position Increased by First Dallas Securities Inc

It has outperformed by 41.94% the S&P500. Washington Trust Bank increased its stake in Nrg Energy Inc (NRG) by 75.03% based on its latest 2017Q3 regulatory filing with the SEC. RBC Capital Markets maintained it with "Buy" rating and $28.0 target in Friday, October 13 report. On Wednesday, May 31 the stock rating was maintained by BMO Capital Markets with "Hold". [Full Article...]

AdWeek Ranked The 5 Best Super Bowl Commercials

AdWeek Ranked The 5 Best Super Bowl Commercials This year , we didn't get to see a teaser trailer for Stranger Things 3, but we did get to see Stranger Things star David Harbour killing it for Tide in several Super Bowl commercials . Dinklage spits out Chris Brown's "Look At Me Now" with a picture of Busta Rhymes cheering him on while Morgan Freeman lip-syncs Missy Elliott's "Get Ur Freak On" with the singer in his corner. [Full Article...]

Dow industrials plunge 1000 as market enters 'correction'

Dow industrials plunge 1000 as market enters 'correction' The Dow is 10 percent below the record high it set just two weeks ago, putting it in what is known on Wall Street as a "correction ". North American markets largely pushed higher Friday after a choppy session, capping off a tumultuous period that has seen Canada's main stock index drop more than five per cent since last week and eight per cent from its all-time high. [Full Article...]

Dow, S&P futures move higher after indexes close in correction territory

Dow, S&P futures move higher after indexes close in correction territory The Dow Jones Industrial Average closed at 24,893.35 for a loss of -19.42 points or -0.08%. There's a psychological aspect to crashes, as people join the rush to get out of the market, fearing that things are only going to get worse. Stocks are having another bad day on Thursday as a wild week for markets continues. In Europe, Germany's DAX fell 1.2 percent, while France's CAC 40 lost 1.4 ... [Full Article...]

Renewed global stocks sell-off spreads to FTSE 100 after Dow Jones plunge

Renewed global stocks sell-off spreads to FTSE 100 after Dow Jones plunge But a steady climb that lasted more than a year has given way to two weeks of shaky selling. Technology companies and banks were the big losers, with Microsoft and JP Morgan Chase both losing 1.7%. Traders work on the floor of the New York Stock Exchange moments before the closing bell on February 8, 2018 in New York . The sell-off mirrored USA losses. [Full Article...]

Barrick Gold (NYSE:ABX) Downgraded by Zacks Investment Research to Sell

Stelliam Investment Management Lp who had been investing in Barrick Gold Corp (Call) for a number of months, seems to be less bullish one the $15.22B market cap company. Deutsche Bank maintained the shares of MSFT in report on Friday, July 21 with "Buy" rating. The stock of Barrick Gold Corporation (NYSE:ABX) has "Buy" rating given on Tuesday, March 15 by Argus Research. [Full Article...]

The Lofty Promises of Elon Musk

The Lofty Promises of Elon Musk Tesla spent $787 million in capital expenditures in the fourth quarter, below its projections, but said capital spending would be "slightly more " this year, than last, given expanded production at its Fremont factory and Nevada Gigafactory. [Full Article...]

SpaceX's 4 Hour Video of Starman's Voyage to Mars

SpaceX's 4 Hour Video of Starman's Voyage to Mars He may be called Starman after David Bowie's classic song, but Elon Musk's spacesuited mannequin in a Tesla Roadster is off to the asteroid belt, not the stars. Robinson works for SpaceX, and says "I'm just extremely proud of my teammates!" The original plan had the auto traveling no farther than Mars . And on a circuit board appear the words, "Made on Earth by humans". [Full Article...]

Elon Musk posts final photo of Tesla Roadster headed to asteroid belt

Elon Musk posts final photo of Tesla Roadster headed to asteroid belt SpaceX's press kit for the launch explained the choice more thoroughly. "That seemed extremely boring", said Musk of settling for concrete or steel blocks. And SpaceX does have one more thing to check off its to-do list before it can focuson BFR . However, according to Lori Garver, a former NASA deputy administrator, the company offered the USA government a chance to fly whatever pay... [Full Article...]

Tesla, Inc. (NASDAQ:TSLA) Expected To Report Earnings On Wednesday

Tesla, Inc. (NASDAQ:TSLA) Expected To Report Earnings On Wednesday Stack Financial Management Inc who had been investing in Cisco Systems Inc. for a number of months, seems to be bullish on the $191.66B market cap company. (NASDAQ:TSLA) has "Sector Perform" rating given on Friday, July 8 by RBC Capital Markets. Also, Director Kimbal Musk sold 4,065 shares of the stock in a transaction on Tuesday, January 2nd. [Full Article...]

Wall Street inches higher as volatility eases

Wall Street inches higher as volatility eases The U.K.'s FTSE 100 Index sank 1.5 percent. The Dow recovered some of its early plunge and was down 127 points, or 0.4 percent, at 24,255. Volatility returned to markets on Thursday as U.S. The U.S. benchmark S&P 500 stock index closed more than 1.0% higher after a sharply volatile session on Tuesday, recovering from the biggest one-day decline in the index in more than six yea... [Full Article...]

The FireEye, Inc. (FEYE) Raised to "Overweight" at Stephens

The FireEye, Inc. (FEYE) Raised to Several other analysts have also recently issued reports on FEYE . Analysts are expecting average earnings estimates of $-0.01 for the current quarter based on the opinion of 27 analysts, relating to high earnings per share estimates of $0 and low estimates of $-0.06, however Fireeye Inc (NASDAQ: FEYE ) reported $-0.03 earnings per share for the same quarter past year. [Full Article...]

Shedding Light on Asbury Automotive Group, Inc. (NYSE:ABG)'s Quant Scorecard

Mawer Investment Management Ltd who had been investing in Stantec Inc for a number of months, seems to be bullish on the $3.12 billion market cap company. (NYSE:STN). Guardian Capital Lp has 3.64M shares for 1.49% of their portfolio. Investors may be interested in viewing the Gross Margin score on shares of Nutanix, Inc. [Full Article...]


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