Economy

The Simpsons Predicted The US Winning Olympic Curling Gold 8 YEARS AGO

The Simpsons Predicted The US Winning Olympic Curling Gold 8 YEARS AGO Anderson was one of only two Americans to defend their gold medals from Sochi. Team USA was represented by bronze medalists Alex and Maia Shibutani, who skated to a mashup of Jay-Z and Frank Sinatra. South Korea's women's curling team picked a bad time to have their worst end of the PyeongChang games. That medal was the result of Korea spending money to train one team. [Full Article...]

New US tax law brings Warren Buffett's firm $29 billion

New US tax law brings Warren Buffett's firm $29 billion Berkshire's often-impressive pace of acquisitions had slowed previous year, he noted, when the prices asked for businesses "hit an all-time high", amid what he called "a purchasing frenzy". The primary provisions of tax reform that affected Berkshire Hathaway were the reduction in the corporate income tax rate from 35% to 21% and the deemed repatriation of past earnings on overseas subsidiari... [Full Article...]

Michael McCormack replaces Barnaby Joyce as Australia Deputy PM

Michael McCormack replaces Barnaby Joyce as Australia Deputy PM After weeks of controversy, Barnaby Joyce is set to formally resign as leader of the Nationals and Deputy Prime Minister today. "I will honour the faith and trust and responsibility by always doing my best", he told reporters. Barnaby Joyce is standing down, but the problems aren't over for the Australian government. McCormack later voted in parliament in support of amending the Marriage Ac... [Full Article...]

Gov. Scott announces plan on school safety

Gov. Scott announces plan on school safety Trump, asked during his news conference for specific proposals he would push on guns after the Florida shooting, listed improving background checks, getting rid of bump stocks and thwarting the mentally ill from buying weapons. A man cries as US President Donald Trump speaks during the 2018 Conservative Political Action Conference . In 2016, the organisation's political arms spent $54.4 milli... [Full Article...]

Microsoft (MSFT) Shareholder Yorktown Management & Research Co Decreased Position by $310800; Cramer

Janney Montgomery Scott LLC now owns 1,376,239 shares of the software giant's stock valued at $94,864,000 after acquiring an additional 20,738 shares in the last quarter. South Texas Money Ltd holds 2.44% or 689,454 shares in its portfolio. Sg Americas Secs Ltd Limited Liability Company has 24,986 shares for 0.01% of their portfolio. [Full Article...]

Riley Weighs in on Realty Income Corp's Q3 2018 Earnings (O)

BMO Capital Markets' target price would suggest a potential upside of 9.93% from the stock's current price. Robert W. Baird set a $75.00 price objective on shares of Kilroy Realty and gave the stock a "hold" rating in a research report on Monday, February 5th. [Full Article...]

Sensex soars 304 points, Nifty reclaims 10550-mark

Sensex soars 304 points, Nifty reclaims 10550-mark Back home, SGX Nifty , an early indicator of the Nifty 50's trend in India, signals a positive start for the domestic markets after the benchmark Sensex climbed 322 points or 0.95 percent to close at 34,142 on Friday. inflation data and the first House testimony by the new head of the Federal Reserve. A barrage of economic data is lined up this week, including the USA inflation report and t... [Full Article...]

Transocean LTD (RIG) Position Increased by Schroder Investment Management Group

Transocean Inc (NYSE: RIG)'s price sits -11.11% off from its 50-day moving average of $10.73 and -3.35% away from the stock's 200-day moving average which is $9.99. The company is estimated to report earnings on Feb 20 AMC. They expect $0.59 earnings per share, up 7.27% or $0.04 from last year's $0.55 per share. [Full Article...]

Shares in Delta Air Lines, Inc. (DAL) Acquired by Sovarnum Capital LP

Advisory Services Network LLC now owns 2,546 shares of the transportation company's stock valued at $137,000 after buying an additional 75 shares in the last quarter. It improved, as 69 investors sold DAL shares while 247 reduced holdings. 15 funds opened positions while 53 raised stakes. Following the transaction, the insider now directly owns 52,174 shares in the company, valued at approximately... [Full Article...]

Hand luggage bursts into flames on flight

Hand luggage bursts into flames on flight The video of the incident has gone viral. A prompt air hostess was courageous enough to put out the fire and used water bottles and juice bottle to put the fire out. Later, a replacement aircraft was sent and the flight eventually took off from the Guangzhou Baiyun International Airport for Shanghai Hongqiao International Airport at 2.53pm China time. [Full Article...]

SpaceX Delays Falcon 9 Launch Over Payload Fairing Concerns

SpaceX Delays Falcon 9 Launch Over Payload Fairing Concerns The Falcon 9 was scheduled to launch the Hispasat 30W-6 communications satellite Sunday (Feb. 25) at 12:35 a.m. EST (0535 GMT) from Space Launch Complex 40 at the Cape Canaveral Air Force Station in Florida. Moreover, he further added, "The fairing has slowed down quite enough, enough to successfully land safely in the Pacific Ocean". "It has onboard thrusters and a guidance system to bring it... [Full Article...]

ARP Americas LP Takes $226000 Position in Cabot Oil & Gas Co. (COG)

Cabot-Wellington Llc who had been investing in Cabot Oil & Gas for a number of months, seems to be less bullish one the $11.31 billion market cap company. The firm has "Hold" rating given on Friday, February 23 by Williams Capital Group. TheStreet upgraded shares of BP from a "c" rating to a "b" rating in a report on Wednesday, November 8th. [Full Article...]

Reliance Industries to invest Rs 55000 cr in Andhra Pradesh

Reliance Industries to invest Rs 55000 cr in Andhra Pradesh Venkaiah Naidu laid the foundation stone for the ambitious project at the inaugural of three-day CII Partnership Summit and Sunrise AP Investment Meet in the presence of Chief Minister N. On the second day of the CII-Partnership Summit, the Andhra Pradesh government signed a total of 285 MoUs with various companies involving an investment of almost Rs 1.75 lakh crore. [Full Article...]

Bank scams: Three fresh cases of financial fraud reported in India

Bank scams: Three fresh cases of financial fraud reported in India Following the complaint, the CBI carried out searches at multiple locations in Delhi, Hapur and Noida in UP. "A complaint was lodged against Dwarka Das Seth International in August 2017 but surprisingly FIR was registered in February 2018", Sibal said. [Full Article...]

Barrick Gold posts Q4 earnings beat, guides 2018 production lower

The average volume was noted at 10982.47K shares while its relative volume was seen at 1.38. Shares of Barrick Gold Corporation ( ABX ) changed at hands on unusually higher volume on Feb 12, 2018, as the stock is growing 1.53% to end at $13.26. [Full Article...]

Ctrip.Com International (CTRP) Getting Somewhat Favorable Media Coverage, Report Shows

About 461,660 shares traded. Canadian Pacific Railway Limited (NYSE:CP) has risen 21.39% since February 22, 2017 and is uptrending. It has underperformed by 10.78% the S&P500. The rating was maintained by RBC Capital Markets with "Hold" on Friday, October 20. The firm has "Buy" rating given on Friday, August 19 by Citigroup. [Full Article...]

Italy braces for anti-fascist and far-right protests

Italy braces for anti-fascist and far-right protests The far-left Potere al Popolo movement will also hold a rally in Palermo. On the same day three police officers were injured after clashes with anti-fascist protesters demonstrating against a CasaPound meeting in the northwestern city of Turin. [Full Article...]

Walmart (WMT) PT Lowered to $116.00

Ally Financial Inc who had been investing in Wal for a number of months, seems to be less bullish one the $275.18B market cap company. The stock increased 1.72% or $1.64 during the last trading session, reaching $96.96. portfolio. Ahl Prtnrs Llp holds 0.01% in Apache Corporation (NYSE:APA) or 10,294 shares. Meeder Asset Mgmt Incorporated reported 108,117 shares stake. [Full Article...]

Altria Group Inc (MO) Stake Lessened by Hochman Cole Investment Advisors Inc

Pinnacle Financial Partners Inc who had been investing in Altria Group Inc for a number of months, seems to be bullish on the $122.80 billion market cap company. Huber Limited Company stated it has 0.18% in Fluor Corporation (NYSE:FLR). First PREMIER Bank acquired a new position in shares of Altria Group during the second quarter valued at about $103,000. [Full Article...]

Oppenheimer Asset Management Inc. Has $10.49 Million Stake in Starbucks Co. (SBUX)

Starbucks (NASDAQ: SBUX ) last issued its quarterly earnings results on Thursday, January 25th. It has underperformed by 4.22% the S&P500. ZWJ Investment Counsel Inc. Since September 7, 2017, it had 0 insider purchases, and 3 insider sales for $13.98 million activity. $9.28M worth of Starbucks Corporation (NASDAQ:SBUX) was sold by BURROWS CLIFFORD on Wednesday, January 31. [Full Article...]


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