Economy

San Francisco Becomes First US Major City To Ban Sale Of Fur

San Francisco Becomes First US Major City To Ban Sale Of Fur Given that furry coats both faux and not are currently in fashion, the increase in faux-fur seems likely, at least for now. According to the Associated Press , Mayor Mark Farrell said he plans to sign the legislation , having San Francisco join two other California cities, West Hollywood and Berkeley, which already ban fur sales. [Full Article...]

KB Toys could return to fill void left by Toys R Us

KB Toys could return to fill void left by Toys R Us Toys "R" Us is on its way out, but KB Toys is set to pop back up. Some Toys "R" Us investors are mulling whether to salvage some stores as part of a slimmed-down version of the business, the New York Post reported. But, as Jeffries analysts led by Daniel Binder pointed out in a note last week, gains in sales to other players could take longer than some expect. [Full Article...]

Should You Hold Kinross Gold Corporation (NYSE:KGC)

Friday's gains come at the end of a rocky week, dominated by concerns of a USA trade war with China and political turmoil, which began with the ouster of Secretary of State Rex Tillerson. A performance measure used to estimate the efficiency of an investment or to compare the ability of some different investments. The price-earnings ratio (P/E ratio) is the ratio for valuing a company that mea... [Full Article...]

Dollar Inches Up Ahead of Fed Decision

Dollar Inches Up Ahead of Fed Decision Legislators in the US and Europe criticized Facebook, and investors are wondering if companies like Facebook and Alphabet will face tighter regulation. Steelmaker Bluescope Steel jumped 4.4 percent as Morgan Stanley started coverage on the stock with an overweight rating. Shares were stuck on their worst run since November on Monday, as caution gripped traders in a week in which the Federal Re... [Full Article...]

Sensex climbs 139 points to close above 33000-mark

Sensex climbs 139 points to close above 33000-mark The 30-share index was trading 226.85 points, or 0.69 per cent, higher at 33,223.62, with all the sectoral indices in the green. Hero MotoCorp down 1%, among laggards on the Nifty 50 index. HDFC Group stocks and Reliance Industries helped the market close higher but the selling pressure in ICICI Bank and Tata Stocks capped upside. In the day's trade, the barometer 30-scrip sensitive index had ... [Full Article...]

Reading Analyst Stock Recommendation: NVIDIA Corporation (NVDA)

Benchmark Electronics, Inc. (NYSE:BHE) has risen 60.40% since March 20, 2017 and is uptrending. It has underperformed by 13.93% the S&P500. Engaged Capital Llc sold 152,223 shares as the company's stock declined 4.45% while stock markets rallied. [Full Article...]

Rainbow Six Siege May Remain Active For 10 More Years

Ten years' worth of support has been planned for the game, meaning the hope is to sustain it for at least another seven years. Elsewhere, Ubisoft also reaffirmed its commitment to churning out 100 Operators in total for the game, as well as confirming that all past and future weapon attachments will be available free of charge. [Full Article...]

Climate change soon to cause mass movement, World Bank warns

Climate change soon to cause mass movement, World Bank warns Finally, the last study focused on Mexico, where the migration from the vulnerable rural regions to the urban areas is expected to increase due to climate changes, by 2050. "Climate change impacts will pose one of the greatest threats to people, ecosystems, and development goals over the coming decades", the report noted. [Full Article...]

McDonald's Becomes First Restaurant Chain To Set Science-Based GHG Emissions Reduction Targets

McDonald's Becomes First Restaurant Chain To Set Science-Based GHG Emissions Reduction Targets Monarch Capital Management Inc sold 2,558 shares as the company's stock rose 15.92% with the market. Both companies are part of the "We are Still In" coalition of USA firms around the country that plan to meet the Paris Agreement targets, even though President Donald Trump pulled out of the agreement past year. [Full Article...]

Trump calls to congratulate Putin on election win

Trump calls to congratulate Putin on election win Putin assured that "basic expenses were made for new armament systems within previous years". The United States sanctioned Russian Federation last week for cyber attacks against critical American infrastructure and attempts to interfere in the 2016 election. [Full Article...]

Capital & Regional plc (CAL) Insider Acquires 135000 Shares of Stock

Old Natl Bank In owns 33,980 shares. The firm has just set a target price per share of GBX 200.00 on Gbgi Limited (LON:GBGI) shares. Adage Cap Partners Gp holds 0.13% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 414,706 shares. [Full Article...]

Vivendi selling stake in Ubisoft, allaying hostile takeover concerns

Vivendi selling stake in Ubisoft, allaying hostile takeover concerns Of course, the most interesting news is the shares being purchased by Tencent , the mega-corporation that has its interests spread across a plethora of gaming companies including Riot Games , Epic and Supercell. Ubisoft and Vivendi have reached an exit agreement that will see Vivendi selling its entire 27.3% stake in the publisher. "The evolution in our shareholding is great news for Ubisoft". [Full Article...]

Orbitz Hacked, Customers' Credit Card Information Exposed

Orbitz Hacked, Customers' Credit Card Information Exposed In total, the company said hackers may have gained access to personal information on roughly 880,000 payment cards, including payment card information, names, birth dates, phone numbers, and email and billing addresses. But the company said that it has no direct evidence that this personal information was downloaded from the platform. "We deeply regret the incident, and we are committed to doing... [Full Article...]

The M Holdings Securities Inc. Sells 2115 Shares of BP plc (BP)

D-E Shaw & Company Inc who had been investing in Cabot Oil & Gas Corp for a number of months, seems to be bullish on the $11.30B market cap company. The Starbucks Corporation exchanged hands with 8788219 shares compared to its average daily volume of 10.65M shares. [Full Article...]

Cisco Systems, Inc. (CSCO) Position Raised by Parametric Portfolio Associates LLC

The current market cap for Cisco Systems, Inc .is 214.79B and trades in the Technology and Networking & Communication Devices. ( CSCO ) traded up $0.18 during trading hours on Tuesday, reaching $44.45. (NASDAQ: CSCO ) to report earnings on May, 16. The company is estimating to achieve earnings per share (EPS) growth of -9.80% in this year and the earnings per share (EPS) growth expected to be 1... [Full Article...]

Amazon.com, Inc. (AMZN) Stake Raised by Gofen & Glossberg LLC IL

Amazon.com, Inc. (AMZN) Stake Raised by Gofen & Glossberg LLC IL The institutional investor held 25,000 shares of the marine transportation company at the end of 2017Q3, valued at $1.08 million, up from 10,000 at the end of the previous reported quarter. A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. [Full Article...]

Best stocks that makes you wealthy: Royal Dutch Shell plc (RDS-B)

Best stocks that makes you wealthy: Royal Dutch Shell plc (RDS-B) The shares price displayed -4.34% return during the recent quarter while it has presented performance of 7.17% over the past six months. The stock remained 5.39% unpredictable for the week and 5.74% for the month. The stock has an average rating of "Buy" and a consensus price target of GBX 2,633.33 ($36.38). This comparison showed up direction of price above its 200-SMA. [Full Article...]

Are Analysts Turning Critical? - Occidental Petroleum Corporation (OXY), DURECT Corporation (DRRX)

A total of 10,936,648 shares exchanged hands during the intra-day trade contrast with its average trading volume of 15.05M shares, while its relative volume stands at 1.25. Devon Energy Corp. (NYSE:DVN) was raised too. Franklin Resources Inc. increased its holdings in Occidental Petroleum by 0.3% in the 4th quarter. Its down 0.06, from 0.95 in 2017Q2. [Full Article...]

United States Steel Corporation (X) stock ends Friday with change of 3.98%

The stock increased 1.12% or $0.52 during the last trading session, reaching $46.95. On 3/15/2018 Christine S Breves, SVP, sold 11,853 with an average share price of $38.47 per share and the total transaction amounting to $455,984.91. The firm has "Neutral" rating by Credit Suisse given on Thursday, January 12. The company was maintained on Thursday, August 3 by RBC Capital Markets. [Full Article...]

Oracle Cloud Revenue Leaps 32% to $1.6B

Oracle Cloud Revenue Leaps 32% to $1.6B The board of directors declared a quarterly cash dividend of $0.19 per share of outstanding common stock. Moreover, Annex Advisory Ltd Co has 0.38% invested in Oracle Corporation (NYSE: ORCL ). EPS guided from $0.92 to $0.95 in United States dollars and $0.89 to $0.92 in constant currency (consensus: $0.90). Athena Capital Advsrs Limited owns 0.12% invested in Oracle Corporation (NYSE: ORCL ) for ... [Full Article...]


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