Economy

World's busiest overseas air route is a one-hour flight from Singapore

World's busiest overseas air route is a one-hour flight from Singapore The results are pulled from aviation data between March 1, 2017 and February 28. "This compares to two routes within Europe, two routes in North America, plus one route between North America and Europe and one route between destinations in the Middle East". [Full Article...]

Sweden admits Swedish meatballs are actually Turkish

Sweden admits Swedish meatballs are actually Turkish An admission that Swedish meatballs actually originated in Turkey has prompted strong reactions from people in both countries. Serdar Çam, president of the Turkish Cooperation and Coordination Agency, complained that Ikea, which sells 2m meatballs a day in its in-store restaurants, should not be selling the dish as though it were Swedish . [Full Article...]

$0.10 EPS Expected for The Wendy's Company (WEN)

WEN's profit would be $24.00M giving it 41.61 P/E if the $0.10 EPS is correct. About 2.20M shares traded. The Wendy's Company (NASDAQ:WEN) has risen 28.35% since May 2, 2017 and is uptrending. The firm has "Buy" rating given on Wednesday, August 19 by Vetr. The stock of The Wendy's Company (NASDAQ:WEN) has "Neutral" rating given on Friday, January 12 by Longbow. [Full Article...]

Best Buy (NYSE:BBY) Receives New Coverage from Analysts at Wells Fargo

Best Buy (NYSE:BBY) Receives New Coverage from Analysts at Wells Fargo With $76 highest and $5400 lowest target price, Wells Fargo has $62.87 average target price or 21.89% above the current ($51.58) price. Longview Partners Guernsey LTD now owns 16,146,737 shares of the financial services provider's stock worth $890,493,000 after purchasing an additional 3,602,070 shares during the period. [Full Article...]

Air Products & Chemicals (APD) Updates FY18 Earnings Guidance

Robert Pohly increased its stake in Air Prods & Chems Inc ( APD ) by 460.9% based on its latest 2017Q4 regulatory filing with the SEC. Advisor Partners LLC now owns 5,174 shares of the basic materials company's stock valued at $868,000 after buying an additional 324 shares during the period. [Full Article...]

LLC Boosts Position in Alibaba Group (BABA)

LLC Boosts Position in Alibaba Group (BABA) In total 16 analysts cover Alibaba Group Holding Ltd (NYSE: BABA ). BABA has 20.64M volume or 4.02% up from normal. Alibaba Group Holding Limited (BABA ) belonging to the Consumer Cyclical sector has surged 1.09% and closed its last trading session at $181.45. [Full Article...]

Shareholder Ruffer Llp Has Increased Mckesson Corp (MCK) Position

Stanley Capital Management Llc who had been investing in Mckesson Corp for a number of months, seems to be bullish on the $30.56 billion market cap company. portfolio. McKesson Corporation registered $10.61 million net activity with 0 insider purchases and 2 sales since December 14, 2017. 1,413 shares were sold by Lampert Erin M, worth $211,071 on Thursday, March 1. [Full Article...]

New York City Mayor Supports Supervised Drug Use Facilities

New York City Mayor Supports Supervised Drug Use Facilities This is several times larger than the government's cost for each ride on the subway system, which carries between 5 million and 6 million passengers every day. De Blasio is hoping to eventually implement a cross transportation system between NYC Ferry and the MTA. "Thankfully, with the mayor's announcement today, that's exactly what we're going to get!" said Councilmember Justin Brannan (D-Bay R... [Full Article...]

What's Regeneron Pharmaceuticals, Inc. (REGN) Downside After Achieving 52 Week Low?

On 9/6/2017 Robert E Landry, SVP, sold 663 with an average share price of $498.60 per share and the total transaction amounting to $330,571.80. Prosperity Bancshares, Inc. Mark Sheptoff Finance Planning Ltd Company invested in 43,645 shares. Ls Investment Advsrs Ltd has 2,465 shs for 0.05% of their capital. Pittenger Anderson holds 16,534 shares or 0.23% of its portfolio. [Full Article...]

Skechers USA, Inc. (SKX) stock lost -31.80% Quarterly return

Funds holding Skechers USA Inc in top 10 was flat from 2 to 2 for the same number. SKX is reaching $27.58 during the last trading session, after decreased 1.82%.Skechers U.S.A., Inc. The Florida-based fund Harvey Capital Management Inc have invested about 2.2% of the fund's stock portfolio in Skechers USA Inc. (NYSE:GS). Edgar Lomax Va, Virginia-based fund reported 41,964 shares. [Full Article...]

Mizuho Analysts Give Kinder Morgan (NYSE:KMI) a $19.00 Price Target

Mizuho Analysts Give Kinder Morgan (NYSE:KMI) a $19.00 Price Target About 10.71 million shares traded. Southwest Gas Holdings, Inc. Camden Asset Management LP decreased its stake in Kinder Morgan Inc Del ( KMI ) by 35.25% based on its latest 2017Q4 regulatory filing with the SEC. Toronto Dominion Natl Bank accumulated 889,068 shares. Thompson Siegel & Walmsley Limited Company holds 285 shares. (NYSE:KMI) for 1,800 shares. Corporate insiders own 13.99% of the c... [Full Article...]

Stocks Reach Important Points: Venator Materials PLC (VNTR), Seagate Technology plc (STX)

STX traded up $0.49 during midday trading on Wednesday, reaching $54.70. About 924,214 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since May 2, 2017 and is uptrending. The Company's products are used in enterprise servers and storage systems applications; client compute applications, primarily for desktop and mobile computing; and client non-compute applications, inc... [Full Article...]

Are Analysts Turning Critical? Chesapeake Energy Corporation (CHK), Weatherford International plc (WFT)

Are Analysts Turning Critical? Chesapeake Energy Corporation (CHK), Weatherford International plc (WFT) The volume of the company in the last trading session was 39.67 Million. A total of 35.56 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 36.74 Million shares, while its relative volume stands at 0.97. [Full Article...]

Anticipated $-0.11 EPS for Nordic American Tankers Limited (NAT) on May, 14

As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell. The stock is now showing YTD performance of -23.58 Percent. Year to date performance remained at -23.58%. Credit Suisse Group cut their price target on Nordic American Tanker from $4.00 to $2.00 and set a "neutral" rating for the company in a researc... [Full Article...]

Analysts Issue Forecasts for Nucor's Q2 2018 Earnings (NYSE:NUE)

The stock decreased 1.83% or $1.13 during the last trading session, reaching $60.49. About 32,098 shares traded. Nucor (NYSE: NUE ) last announced its quarterly earnings results on Thursday, April 19th. Osborne Partners Lc owns 51,638 shares or 0.43% of their U.S. portfolio. 102.61 million shares or 150.87% more from 40.90 million shares in 2017Q3 were reported. [Full Article...]

Research Analysis of Merck & Co., Inc. (MRK)

It has underperformed by 26.49% the S&P500. Schwartz Investment Counsel Inc increased its stake in Gildan Activewear Inc (GIL) by 100% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:MRK). Private Wealth Advsrs holds 0.85% or 39,141 shares in its portfolio. Rehmann Capital Advisory Group now owns 18,038 shares of the company's stock worth $1,155,000 after purchasing an additiona... [Full Article...]

Prudential plc (LON:PRU) Ratings Summary on May 3, 2018

Prudential Financial has a fifty-two week low of $97.88 and a fifty-two week high of $127.14. About 58,349 shares traded. The Procter & Gamble Company (PG) has declined 14.03% since May 3, 2017 and is downtrending. Natl Pension Ser owns 0.22% invested in Prudential plc (LON:PRU) for 391,289 shs. Oppenheimer Co has invested 0.09% in Prudential plc (LON:PRU). [Full Article...]

Scotts Miracle-Gro (SMG) Updates FY18 Earnings Guidance

Scotts Miracle-Gro (SMG) Updates FY18 Earnings Guidance The overall volume in the last trading session was 2.01 million shares. Scotts Miracle-Gro had a return on equity of 40.86% and a net margin of 9.15%. Earnest Partners Llc, a Georgia-based fund reported 1.30 million shares. 2,610 were reported by Curbstone. Horizon Kinetics Limited Co holds 0.01% or 3,905 shares. [Full Article...]

Bright lights baffled exhausted pilots before near-collision in San Francisco

Bright lights baffled exhausted pilots before near-collision in San Francisco The FAA said in a report that three of the five close-calls involving aircraft reported in the past 16 months at the busy airport were caused by pilots. On Oct. 22, 2017, Air Canada Flight 781 failed to acknowledge go-around instructions from air traffic control after the tower controller realized a previous arrival might not be clear of the runway by time the Air Canada flight landed. [Full Article...]

Ex-Volkswagen CEO charged in U.S. over diesel emissions scandal

Ex-Volkswagen CEO charged in U.S. over diesel emissions scandal Winterkorn, 70, has been named as a co-conspirator along with five other men who were named in an earlier federal indictment along with Oliver Schmidt , a former Volkswagen executive. vehicles. Eight other individuals have now been charged by USA authorities in the scandal. The threat to stop US sales reportedly sent Volkswagen into panic mode and they held a "damage table meeting" on July 27... [Full Article...]


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