Economy

Vetr Lowers Wells Fargo & Co (WFC) to Sell

Vetr Lowers Wells Fargo & Co (WFC) to Sell The stock decreased 0.73% or $0.46 during the last trading session, reaching $62.55. "While we faced challenges in 2017, we are a much better company today than we were a year ago, and I am confident that this year Wells Fargo will be even better", CEO Tim Sloan said in a statement. [Full Article...]

Technology Stock is Neither Hold nor sell: Activision Blizzard, Inc. (ATVI)

Wedbush Securities Inc who had been investing in Southwest Airlines for a number of months, seems to be bullish on the $38.85 billion market cap company. The stock has "Buy" rating by Morgan Stanley on Wednesday, June 7. (NYSE:NEE) on Sunday, October 8 with "Buy" rating. The stock has "Overweight" rating by Piper Jaffray on Monday, August 10. [Full Article...]

Wells Fargo customers complain bank did auto payments twice

Wells Fargo customers complain bank did auto payments twice Reports from New Jersey and Texas said customers had payments deducted twice and had to wait hours on the phone to talk to customer service. "Our technical teams have resolved the issue, no fees will be charged, and we will be issuing gift cards or account credits to all affected". [Full Article...]

Texas Instruments Incorporated (NASDAQ: TXN) - Today's Hot Stock Under Review

First Citizens Bank & Trust Co increased Illumina Inc (ILMN) stake by 50.91% reported in 2017Q3 SEC filing. Moreover, Heathbridge Capital Management Ltd. Another trade for 450,000 shares valued at $43.43M was sold by TEMPLETON RICHARD K. On Thursday, October 26 the insider BLINN MARK A sold $1.64 million. [Full Article...]

Dr Pepper Snapple Group, Inc. (DPS), Comerica Incorporated (CMA)

Dr Pepper Snapple Group, Inc. (DPS), Comerica Incorporated (CMA) Compagnie Lombard Odier SCmA now owns 1,367 shares of the company's stock valued at $133,000 after buying an additional 916 shares during the period. Tesaro, Inc. The rating was maintained by Guggenheim with "Buy" on Tuesday, October 24. RBC Capital Markets has "Hold" rating and $91.0 target. Fundsmith Llp, which manages about $2.92 billion and $10.33B US Long portfolio, decreased its stake in B... [Full Article...]

State unemployment hit record low in December

State unemployment hit record low in December A steady pick-up in business sentiment has helped an acceleration in job creation over the past year. In-fact, 2017 was the first year where the number of jobs increased every single month of the year. The rate was down 0.2 percentage points from November. Minister for Jobs and Innovation Michaelia Cash said more Australians are now in work than a year ago. [Full Article...]

Novare Capital Management LLC Increases Stake in Wal-Mart Stores, Inc. (WMT)

Novare Capital Management LLC Increases Stake in Wal-Mart Stores, Inc. (WMT) It has underperformed by 16.70% the S&P500. The stock has "Market Perform" rating by BMO Capital Markets on Friday, October 13. When we look at the Volatility of the company, Week Volatility is at 3.37% whereas Month Volatility is at 1.81%. [Full Article...]

Morgan Stanley Q4 Profit Advances 10%

Morgan Stanley Q4 Profit Advances 10% Excluding the one-off charge and other items, Morgan Stanley's adjusted profit was $1.68 billion, or 84 cents per share. Revenue rose to $9.5 billion from $9.02 billion in the year-ago quarter. That's despite weaker trading revenues and the one-off USA tax payment. However, its Wealth Management performance helped negate some of that fall, rising 10.5% to $4.4 billion from $4.0 billion in Q4... [Full Article...]

Maruti Suzuki to launch new Swift

Maruti Suzuki to launch new Swift Meanwhile, Maruti has also opened the pre-bookings of the auto at a price of Rs. 11,000. Maruti Suzuki says that it has sold more than 5.8 million Swifts globally. MSIL Senior Executive Director (Marketing and Sales) R S Kalsi said, "The all-new Swift is many notches up in styling, features , ride quality, pick-up, interiors". [Full Article...]

New Japanese Kit Kat debuts world's first natural ruby chocolate

New Japanese Kit Kat debuts world's first natural ruby chocolate Ruby chocolate, unveiled in China in September previous year is the first new type of chocolate since the white version was first created in Switzerland in the 1930s . "Enjoy wonderful flavours that have never been experienced before". The limited edition KitKat will be on sale in stores and online from tomorrow (January 19) across Japan and Korea, for about $3.60 (£2.50) a bar. [Full Article...]

Intuitive Surgical (ISRG) Upgraded to "Buy" by Vetr

Perceptive Advisors Llc bought 4,500 shares as the company's stock rose 20.10% with the market. About 896,456 shares traded. Analysts await Intuitive Surgical, Inc . Investors sentiment decreased to 1.04 in 2017 Q3. Its up 0.12, from 0.96 in 2017Q2. It increased, as 47 investors sold HSIC shares while 15 reduced holdings. [Full Article...]

Time Warner (NYSE:TWX) Earns "Buy" Rating from Pivotal Research

Pura Vida Investments Llc who had been investing in Intersect Ent Inc for a number of months, seems to be bullish on the $994.14M market cap company. The stock increased 0.28% or $0.26 during the last trading session, reaching $92.17. After $0.90 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth. [Full Article...]

International Monetary Fund says United Kingdom growth seen around 1.5 percent for next year

International Monetary Fund says United Kingdom growth seen around 1.5 percent for next year It expects growth to slow further next year, to 1.5%. While it said there had been some offsetting gains from higher exports following sterling's 10 percent decline after the European Union referendum, it concluded that in 2017 "output is expected to grow by 1.6 percent this year, broadly in line with our estimate of the economy's potential". [Full Article...]

'Stranger Things' star David Harbour's yearbook shoot with a fan is hilarious

'Stranger Things' star David Harbour's yearbook shoot with a fan is hilarious So you know what happened next. He tweeted back saying that if she got 25,000 retweets, then he would take the picture under two more conditions - he needed to wear a school sweatshirt and hold a trombone. Stranger Things star David Harbour has been roped into social media bets before, but his latest one could have a lasting effect on one particular couple. [Full Article...]

Cleveland not on list of 20 finalists for Amazon's HQ2 project

Cleveland not on list of 20 finalists for Amazon's HQ2 project The list released on Thursday includes the cities of Atlanta, Austin, Texas, Boston, Chicago, Dallas, Denver, Indianapolis, Los Angeles, Miami, New York City, Philadelphia, Toronto, Washington, Pittsburgh, Raleigh, North Carolina; Nashville, Tennessee; Newark, New Jersey; Columbus, Ohio. [Full Article...]

Fastenal (FAST) Upgraded to Buy at Credit Suisse Group

About 646,332 shares traded or 35.93% up from the average. Equity Commonwealth (NYSE:EQC) has risen 13.35% since January 16, 2017 and is uptrending. It has outperformed by 8.65% the S&P500. The rating was maintained by RBC Capital Markets with "Underperform" on Monday, February 8. Bares Capital Management Inc, which manages about $984.50 million and $2.22B US Long portfolio, decreased its stake ... [Full Article...]

Price Target Analysis Exxon Mobil Corporation (XOM)

J-P Marvel Investment Advisors Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $86.31B market cap company. Acrospire Investment Management LLC boosted its stake in shares of Exxon Mobil by 172.7% in the 2nd quarter. During the same quarter in the previous year, the firm earned $0.63 EPS. [Full Article...]

Marathon Petroleum Corporation (MPC)

Marathon Pete Corp now has $34.57B valuation. The stock increased 1.70% or $0.31 during the last trading session, reaching $18.55. Following the completion of the transaction, the vice president now directly owns 74,674 shares of the company's stock, valued at $4,848,582.82. [Full Article...]

RICS house price balance for December: 8% y/y (expected -1%)

RICS house price balance for December: 8% y/y (expected -1%) The number of newly agreed sales eased back last month according to the data, but local surveyors indicated that interest from buyers rose and they expect sales activity to rise in the near term. The final month of 2017 saw the headline price balance grow to 8%, a healthy uplift from November's 0. United Kingdom house prices bounced back in December after they ground to a halt the previous month... [Full Article...]

Emirates throws Airbus lifeline with $16 billion A380 order

Emirates throws Airbus lifeline with $16 billion A380 order The memorandum of understanding, confirmed on Thursday, includes 20 firm orders and 16 options. The commercial chief of Airbus, John Leahy, advanced this Monday that if no new orders arrive, y will stop manufacturing it. Some will be used as fleet replacements, Emirates said. The A380 program has been struggling due to a lack of interest by major airlines who are anxious about the cost of oper... [Full Article...]


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