Economy

Deficit target: Jaitley pins hopes on tax buoyancy, GST mop-up

Deficit target: Jaitley pins hopes on tax buoyancy, GST mop-up Even as the stock market continued its downward slide on Monday, Finance Minister Arun Jaitley said it was not in reaction to the Union Budget or the reimposition of Long Term Capital Gains (LTCG) tax, but due to global factors. Mr Jaitley said, compliance level of GST will improve with software maturity and anti evasion measures. "Next year with the cycle completed hopefully tax buoyancy will... [Full Article...]

Analyst Research Roundup: AK Steel Holding Corporation (AKS), CNX Resources Corporation (CNX)

The co's performance for 6 months was isolated positively of 50.54%, 1-year performance stands at -0.77% and year to date showing slashed performance of -1.73%. The leverage ratio can measure how much of a company's capital comes from debt. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? There are many different... [Full Article...]

Los Angeles Times owner expected to sell following staff union

Los Angeles Times owner expected to sell following staff union Terms of the would-be deal were not disclosed, but Rick Edmonds, a media-business analyst at the Poynter Institute, estimated the Times accounts for between 30 and 40 percent of Tronc's $353.1 million revenue. Tronc shareholder and NantHealth founder and CEO Patrick Soon-Shiong is expected to buy the paper, people involved with the deal told the Post . [Full Article...]

United States stocks swing wildly as Wall Street volatility persists, global stocks drop

United States stocks swing wildly as Wall Street volatility persists, global stocks drop What was truly abnormal was 2017, the calmest year by most measures in modern stock-investing history. "The backdrop of the economy is strong corporate earnings, positive economic data and tax reform", Cornerstone Wealth managing partner Jeff Carbone told Fox News . [Full Article...]

Skyworks Solutions (SWKS) Rating Reiterated by Drexel Hamilton

Skyworks Solutions (SWKS) Rating Reiterated by Drexel Hamilton Cisco Systems, Inc. ( NASDAQ :CSCO) has risen 13.20% since February 5, 2017 and is uptrending. It has outperformed by 7.30% the S&P500. Brokerage firms now have a positive stance on shares of Skyworks Solutions, Inc . shares while 220 reduced holdings. Zacks Investment Research cut Skyworks Solutions from a "hold" rating to a "sell" rating in a research report on Wednesday, January 10th. [Full Article...]

XPO Logistics Inc (XPO) Shares Sold by American Century Companies Inc

About 17,402 shares traded or 0.18% up from the average. XPO Logistics, Inc. (NYSE:XPO)'s performance this year to date is -2.02%. It has outperformed by 86.57% the S&P500. Brown Advisory Securities Limited Liability Corp invested 0.19% in Honeywell International Inc. Alphamark Advsr Lc, a Kentucky-based fund reported 60,832 shares. [Full Article...]

Tesla to create world's largest 'virtual power plant' in Australia

Tesla to create world's largest 'virtual power plant' in Australia Participating households will benefit from cheaper energy bills while also generating energy for the South Australian grid, the state government said in a statement Sunday. Tesla CEO Elon Musk previously worked to build the world's largest lithium-ion battery which has been powering South Australia since December. The state government is tipping in a $2 million grant towards the rollout, a... [Full Article...]

Wall Street Plunge: Biggest Value Dive in Six Years

Wall Street Plunge: Biggest Value Dive in Six Years In Europe, the British FTSE 100 index fell 2.4 percent while the CAC 40 in France fell 2.8 percent and Germany's DAX was down 2.7 percent. The Nasdaq composite rose 148.36 points, or 2.1%, to 7115.88. USA markets have posted steep declines, with the Dow Jones and S&P 500 indices recording their biggest one-day percentage falls in over six years, since the height of the eurozone crisis in August ... [Full Article...]

Featured Stock to Focus: Vipshop Holdings Limited (NYSE:VIPS)

Another trade for 70,398 shares valued at $2.64M was made by Yetto Kristin A on Friday, October 20. Vipshop Holdings Limited ( VIPS ) closed the Monday at final price of $15.21 after traded 11129439 shares. The rating was maintained by Robert W. Baird on Tuesday, August 22 with "Buy". Brean Capital maintained Vipshop Holdings Limited (NYSE: VIPS ) on Thursday, November 19 with "Buy" rating. [Full Article...]

Blackstone Mortgage Trust (NYSE:BXMT) Cut to "Hold" at Zacks Investment Research

It has underperformed by 50.18% the S&P500.The move comes after 8 months negative chart setup for the $220.39 million company. Farmers And Merchants Investments Inc, a Nebraska-based fund reported 25 shares. Starwood Property Trust's dividend payout ratio is now 115.66%. FBR Capital maintained Starwood Property Trust, Inc. The firm earned "Buy" rating on Monday, November 13 by KeyBanc Capital Mark... [Full Article...]

Union Pacific Corporation (UNP), Bristol-Myers Squibb Company (BMY) — Traders Focused Stocks

Union Pacific Corporation (UNP), Bristol-Myers Squibb Company (BMY) — Traders Focused Stocks It has underperformed by 39.89% the S&P500. Price Michael F decreased Dolby Laboratories Inc. Numeric Invsts Llc reported 8,100 shares stake. New England Private Wealth Advisors Limited Co reported 5,073 shares stake. During the same period previous year, the company posted $0.63 earnings per share. Barrett Asset Management Limited Liability Company reported 1.51% of its portfolio in Cisco Syste... [Full Article...]

Microchip Technology (NASDAQ:MCHP) Downgraded by BidaskClub to Buy

The company's revenue was up 16.2% on a year-over-year basis. analysts forecast that Microchip Technology will post 5.12 EPS for the current fiscal year. Investors sentiment increased to 1.15 in 2017 Q3. Its down 0.28, from 1.19 in 2017Q2. A number of other institutional investors and hedge funds have also made changes to their positions in MCHP. [Full Article...]

Purchases 16820 Shares of Altria Group Inc (MO)

The stock increased 0.09% or $0.12 during the last trading session, reaching $126.82. The daily trading volume has averaged 3.36 million shares a day in past 3 months. Annual earnings per share (EPS) growth noted at 8.57% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 8.00% in coming 5 years. [Full Article...]

Heady Investors are Taking a Look at Texas Instruments Incorporated (NASDAQ:TXN)

The average analysts gave this company a mean recommendation of 2.50. It has underperformed by 41.80% the S&P500. Texas Instrs Inc now has $101.77 billion valuation. Exxonmobil Inv Tx reported 180,795 shares or 0.41% of all its holdings. Loring Wolcott & Coolidge Fiduciary Advisors Limited Liability Partnership Ma has invested 0% in Texas Instruments Incorporated (NASDAQ:TXN). [Full Article...]

Analyst EPS Estimates Scan: QUALCOMM Incorporated (QCOM)

Antares Pharma, Inc. (NASDAQ:ATRS) has risen 207.14% since February 6, 2017 and is uptrending. It has outperformed by 8.80% the S&P500. Frontfour Capital Group Llc increased its stake in Centurylink Inc (CTL) by 108.17% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Watching the Tape Move -3.14% for Ovascience (OVAS)

Berkshire Asset Management Llc who had been investing in At&T for a number of months, seems to be bullish on the $226.10 billion market cap company. Zions Bancorporation now owns 1,337 shares of the payment services company's stock valued at $121,000 after acquiring an additional 1,205 shares in the last quarter. [Full Article...]

Micron Technology (NASDAQ:MU) Cut to "Sell" at BidaskClub

In financial situations, the standard deviation is used for the annual rate of return in order aid in measuring the volatility of a certain investment. (NASDAQ:ULTA) for 2,048 shares. Keybank National Association Oh stated it has 0.01% in Micron Technology, Inc . Arvest Bank Division invested in 1.86% or 664,175 shares. [Full Article...]

Is the Stock Highly Volatile? Delta Air Lines, Inc. (DAL)

The original version of this story can be accessed at https://www.thelincolnianonline.com/2018/02/06/exchange-capital-management-inc-reduces-stake-in-delta-air-lines-inc-dal.html. (NASDAQ:ULTA) for 57 shares. (NYSE:BPI). One Trading Lp holds 14 shares or 0% of its portfolio. Jpmorgan Chase & holds 0.31% or 29.12 million shares in its portfolio. [Full Article...]

US Regulators to Back More Oversight of Digital Currencies

US Regulators to Back More Oversight of Digital Currencies In their opening remarks, Clayton and Giancarlo showcased the efforts their agencies have made to police the market and to highlight limitations in the regulatory structure. In his testimony, Giancarlo says a federal licensing regime for the cash market would help address gaps in the current system, and could include capital requirements and measures to prevent fraud, manipulation and money launde... [Full Article...]

Rahul cries scam in Rafale deal, says Modi personally changed the pact

Rahul cries scam in Rafale deal, says Modi personally changed the pact He claimed there was no evidence of such a security agreement with France. Modiji had personally gone to Paris. Leading from the front, Rahul claimed that Modi had "personally got the deal done" during his official visit to Paris. Is it correct that per aircraft pricing of Rafale as per UPA negotiation comes to 80.95 million dollars (Rs 526.1 crore) as against Modi government's negotiated price ... [Full Article...]


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