Markets


Kansas jobless rate falls to 3.6 percent while labor market remains flat Kansas jobless rate falls to 3.6 percent while labor market remains flat
- November 18, 2017

Both of those represent changes of less than 0.5 percent. There were 19,600 more unemployed residents over the year compared to October 2016. Unemployment in Nebraska remains well under the national unemployment rate of 4.1%. The U.S. unemployment rate for the month stood at 4.1 percent. On the Kansas side of the Kansas City metropolitan area, unemployment fell two-tenths of a point, to 3.1 percent. (more...)
Foot Locker, Inc. (NYSE:FL) Shares Bought by AMG National Trust Bank Foot Locker, Inc. (NYSE:FL) Shares Bought by AMG National Trust Bank
- November 18, 2017

It fall, as 100 investors sold Foot Locker, Inc . shares while 161 reduced holdings. Finally, Credit Suisse Group reaffirmed a neutral rating and issued a $52.00 target price (down from $66.00) on shares of Foot Locker in a report on Tuesday, August 1st. (more...)
Norway wealth fund plans to drop oil and gas stocks Norway wealth fund plans to drop oil and gas stocks
- November 17, 2017

Oil and gas equities now account for around 6% of the Government Pension Fund Global's benchmark index, or just more than 300 billion Norwegian kroner ($36.49 billion). The fund is among the world's biggest investors in stocks, owning $667 billion worth of shares in over 9,000 companies globally. Built from Norway's oil and gas revenue over the past two decades, the fund takes into account ethical rules encompassing human rights, some weapons production, the environment and tobacco when ... (more...)
Thanksgiving travel expected to be at highest level in 12 years Thanksgiving travel expected to be at highest level in 12 years
- November 17, 2017

Americans on average are paying $2.56 at the pump, and Virginians have seen an average increase of 30 cent across the state from a year ago. High gas prices are not expected to deter Americans from hitting the road this Thanksgiving. "When consumer confidence is high, more people are willing to travel, even if it means taking on debt", says AAA Idaho spokesman Matthew Conde. "And should help fuel consumer spending and generate a strong finish for the travel industry this year". (more...)
Oil price edges lower on anticipated United States production rise Oil price edges lower on anticipated United States production rise
- November 15, 2017

Global energy demand is 30 per cent higher by 2040 - but still half as much as it would have been without efficiency improvements. This is expected to cut 2.5 million bpd, or about 2 percent, off global oil demand by that time.Still, the IEA's "New Policies Scenario", based on existing legislation and announced policy intentions, expects oil prices to rise towards $83 a barrel by the mid-2020s. (more...)
Amazon to roll out pop-up stores inside Bay Area Whole Foods locations Amazon to roll out pop-up stores inside Bay Area Whole Foods locations
- November 12, 2017

These pop up shops will also help the interested customers to know more about the various services that Amazon offers and the memberships that are available on Amazon Prime. The Seattle-based company says that Whole Foods stores in Chicago; Denver; Rochester Hills, Michigan; Davie, Florida; and Pasadena, California, will open Amazon pop-up stores next week. (more...)
Uber Is Still Trying to Do that Flying Car Thing Uber Is Still Trying to Do that Flying Car Thing
- November 09, 2017

The four-person flights won't become a reality anytime soon, but the company plans to demonstrate the technology in Los Angeles, Dallas and Dubai in 2020. Uber is working with NASA to develop software for managing low-altitude air taxis, potentially opening the door for a future where people can travel short distances in the air rather than on the ground. (more...)
Weir Group PLC (WEIR) Receives Weir Group PLC (WEIR) Receives "Outperform" Rating from Credit Suisse Group
- November 03, 2017

The stock has "Buy" rating by Beaufort Securities on Wednesday, October 28. The company was maintained on Friday, September 23 by Chardan Capital Markets. Investors of record on Thursday, December 1st will be given a dividend of GBX 74 ($0.90) per share. The shares were bought at an average price of GBX 1,439 ($18.99) per share, for a total transaction of £57,560 ($75,956.72). (more...)
Lennar and CalAtlantic to merger in almost $10B deal Lennar and CalAtlantic to merger in almost $10B deal
- October 31, 2017

They set a "neutral" rating and a $42.00 target price on the stock. Finally, Wedbush initiated coverage on CalAtlantic Group in a research note on Monday, September 19th. Citi was financial adviser for Lennar while JP Morgan Securities LLC advised CalAtlantic. The firm's revenue was up 4.0% on a year-over-year basis. (more...)
White House opposed vote on Israel 'annexation' bill White House opposed vote on Israel 'annexation' bill
- October 31, 2017

The bill also would remove some 100,000 Palestinians living in neighborhoods outside the security barrier the city's census and place them under a new municipality. Israeli media reports said the U.S. ambassador to Israel, David Friedman, had conveyed misgivings about the legislation, under which the large Maale Adumim and Beitar Illit settlements would become part of a Greater Jerusalem municipality. (more...)
H1B Visa Extension Was Made More Difficult by Trump Administration H1B Visa Extension Was Made More Difficult by Trump Administration
- October 27, 2017

However, as per the revised memorandum, they need to prove their eligibility to the federal authorities during every extension. Under the previous policy, if a person was once found to be eligible for a work visa initially, they would usually be considered for extension of their visa. (more...)
Short Interest in Hewlett Packard Enterprise Company (HPE) Grows By 29.0%
- October 16, 2017

Several research firms have recently weighed in on HPE. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (more...)
Subscriber Growth Will Vault Netflix, Inc. (NFLX) Stock Past $200 Following Earnings Subscriber Growth Will Vault Netflix, Inc. (NFLX) Stock Past $200 Following Earnings
- October 14, 2017

A number of other research firms also recently commented on NFLX . Vanguard Group Inc. grew its stake in shares of Netflix by 2.9% in the second quarter. Netflix's revenue for the quarter was up 32.3% compared to the same quarter past year. (NASDAQ: NFLX ). Aimz Advisors Lc has invested 0.23% of its portfolio in Netflix, Inc . (more...)
Korean lawmaker says N. Korea hacked war plans Korean lawmaker says N. Korea hacked war plans
- October 13, 2017

Senior diplomats of South Korea and the United States will meet next week to discuss issues of mutual concern, including North Korea's evolving nuclear and missile threats, the foreign ministry here said Wednesday. In his speech before the United Nations General Assembly in September, Trump said the U.S. will "totally destroy" North Korea if it pushes ahead with its development of nuclear weapons and intercontinental ballistic missiles. (more...)
$-0.09 EPS Expected for Fitbit Inc (FIT)
- October 09, 2017

The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Fitbit had its "outperform" rating reiterated by analysts at Oppenheimer. A number of hedge funds and other institutional investors have recently modified their holdings of FIT . Amalgamated Bank lifted its holdings in shares of Fitbit by 20.1% in the 2nd quarter. (more...)
Netflix set to raise its subscription prices again Netflix set to raise its subscription prices again
- October 06, 2017

The basic service, which enables Netflix streaming on once screen and doesn't allow for HD or ultra HD viewing, will remain at $7.99. The "premium" plan with four simultaneous streams and UHD/4K quality will go from $12 to $14. Netflix is squeezing a bit more out of its customers. Meanwhile, it also increased its spending on original content to $6 billion just this year. (more...)
Henry Bolton elected the new leader of UKIP in shock result Henry Bolton elected the new leader of UKIP in shock result
- October 03, 2017

In a recent YouTube campaign film, he complained that "we have gone down the road of mediocracy and compromise, we don't like the idea of excelling of anything because we worry that it implies that somebody is less good". Asked at a press conference whether that fate had been averted by his victory, Bolton said, "Absolutely, yes". "If you look at the things I've done, you'll see a certain degree of endurance there, both physical, emotional and political", he said. (more...)
Trump scoffs at Trump scoffs at "politically motivated ingrates" over Puerto Rico crisis
- October 02, 2017

As we reported earlier today, The Donald is shamefully criticizing San Juan's mayor after she had the audacity to beg for the United States to save the island... In his tweets , Trump attempted to blame the island's continuing woes on Democrats, the media and local officials. She also said her complaints had resulted in more food and water being provided. (more...)
Houston weighs in on National Football League kneeling protests Houston weighs in on National Football League kneeling protests
- September 27, 2017

THE FACTS: NFL games shown to a national audience averaged 16.04 million viewers for the first two weeks of this season, down 11 percent from the 18.1 million people who watched during the same period previous year, the Nielsen company said. (more...)
China says North Korean situation more serious by the day China says North Korean situation more serious by the day
- September 24, 2017

The sources said banks were told to stop providing financial services to new North Korean customers and to wind down loans with existing customers, following tighter sanctions against Pyongyang by the United Nations. The EU's latest move comes as US President Donald Trump paved the way for sanctions against foreign companies doing business with North Korea. North Korea's foreign minister likened Trump to a "barking dog" in response. (more...)
Hackers plant malware in popular CCleaner Hackers plant malware in popular CCleaner
- September 19, 2017

Hackers have accessed a computer used to develop the popular PC optimizing software and added malicious code . Piriform worked with United States law enforcement and had this third party server shut down on the 15th of September prior to releasing details of the compromise to allow the company to complete their initial assessment of the compromise. (more...)
ACTION ALERT: NewsHour Treats Ethnic Cleansing in Myanmar as Matter of Opinion ACTION ALERT: NewsHour Treats Ethnic Cleansing in Myanmar as Matter of Opinion
- September 18, 2017

In a statement on Wednesday, 13 September, the UNSC strongly condemned the violence against ethnic Rohingyas. Myanmar's de facto leader Aung San Suu Kyi , who earlier this week canceled a planned trip to the UN General Assembly, has been heavily criticized for not speaking out against the violence in Rakhine State. (more...)
USG Corporation (NYSE:USG) Market Cap To Touch $4.13B USG Corporation (NYSE:USG) Market Cap To Touch $4.13B
- September 16, 2017

However, new software license revenue for on-premises systems again fell back, slipping 6 percent for the quarter. Finally, Howe & Rusling Inc. lifted its holdings in shares of Oracle Corporation by 2.1% in the first quarter. A total of 34 analysts have reported on the stock. Company insiders own 29.00% of the company's stock. The stock was sold at an average price of $50.30, for a total value of $188,625.00. (more...)
Equifax Breach: Here's What You Need To Do Equifax Breach: Here's What You Need To Do
- September 14, 2017

The credit monitoring company's call centre staff say that Canadians who have Equifax accounts in the USA could be at risk of having their data compromised, such as those who have lived, worked or applied for credit south of the border. "The creditor will have a higher tendency to believe you if you have the police report", Wu said. U.S. Sen. Jack Reed of Rhode Island is among a bipartisan group calling for a federal probe of the credit agency Equifax . (more...)
Cabinet reshuffle on the cards, Rajiv Pratap Rudy resigns Cabinet reshuffle on the cards, Rajiv Pratap Rudy resigns
- September 06, 2017

Prime Minister Narendra Modi is all set to give a big shake-up to his Cabinet on Saturday. Late in the evening, Shah was learnt to have driven down to meet Prime Minister Narendra Modi at his official residence, sources said. Existing ministers Dharmendra Pradhan (petroleum) and Piyush Goyal (power), who have independent charge of their respective ministries, may be elevated to Cabinet positions. (more...)
India factory activity unexpectedly expands in August as orders bounce back India factory activity unexpectedly expands in August as orders bounce back
- September 02, 2017

Furthermore, the rise in client demand was broad-based, with new export orders also increasing in August for the first time in 12 months. The index for new export orders was also revised down to 51.3 from a flash reading of 52.2. "Business conditions improved across the three main subsectors - consumer, intermediate and investment goods - and at smaller and large-scale producers alike", says Dobson. (more...)
Qatar restores diplomatic ties to Iran amid regional crisis Qatar restores diplomatic ties to Iran amid regional crisis
- August 27, 2017

Commenting on Qatar's recent statement that it chose to return its ambassador to Tehran and "strengthen ties in all fields" with the Islamic Republic, Iranian political analyst Hassan Hanizadeh explained to Sputnik Iran what this move might actually signify. (more...)
Uber's financials show company is still growing, despite the drama Uber's financials show company is still growing, despite the drama
- August 27, 2017

As a private company, Uber is not required to publicly report its financial results, but earlier this year it began offering a glimpse of its performance by disclosing certain numbers. The group have said gross ride bookings for the second quarter were at $8.7 billion, up from the first quarter's $7.5 billion. China's Didi Chuxing raised $5 billion this year, while Lyft Inc. (more...)
Apple Commits $1.3B for Iowa Data Center Apple Commits $1.3B for Iowa Data Center
- August 25, 2017

Like Apple's other USA data centers, the Iowa one will produce 100 percent renewable energy, he said. The new Public Improvement Fund, to be established and managed by the City of Waukee, will support the development of community projects like parks, libraries and recreational spaces, as well as infrastructure needs. (more...)
Another Turnbull government minister has dual citizenship - but won't stand aside
- August 19, 2017

The Nationals' Matt Canavan and Barnaby Joyce , along with One Nation senator Malcolm Roberts, have also been referred but have chose to remain in the parliament, pending the court's decision. The meaning of section 44 (i) has not been read by the High Court as an absolute bar on a candidate being a foreign citizen. Crossbench senator Nick Xenophon is making enquiries with the British Home Office after questions were raised about whether he picked up British citizenship by descent through ... (more...)
Bill Gates' $4.6B donation: How many mosquitoes can that kill? Bill Gates' $4.6B donation: How many mosquitoes can that kill?
- August 16, 2017

Dubbed " Mosquito Wars , " the campaign forms part of Bill & Melinda Gates Foundation's broader effort to combat malaria. To recall, he gave away about $16 billion worth of the stock in 1999. founder Jeff Bezos close to the top spot, with a net worth of US$84.5 billion. After the donation, Ben Silverman, research director at InsiderScore, told Bloomberg , "It's a change in how he distributes that asset". (more...)
Toyota, Mazda unveil capital tie-up plans Toyota, Mazda unveil capital tie-up plans
- August 05, 2017

In a tweet early Friday morning, Trump praised Toyota and Mazda for investing $1.6 billion in a new US assembly plant. Yesterday, Nikkei reported that Toyota would take around 5% stake in Mazda to develop key electric vehicle technologies and jointly build a factory in the US. (more...)
Australian Dollar Rises After Chinese PMI Beats, RBA on Deck Australian Dollar Rises After Chinese PMI Beats, RBA on Deck
- August 03, 2017

But he warned that recent rise in the Australian dollar "is expected to contribute to subdued price pressures in the economy" as well as "weighing on the outlook for output and employment". There is also likely to be a short-term pick up in inflation , as measured by the consumer price index, as higher electricity and tobacco prices flow through. (more...)
USA auto sales fall as makers cut rental sales USA auto sales fall as makers cut rental sales
- August 03, 2017

Analysts have been predicting lower sales this year as demand levels out after an unprecedented seven straight years of growth. "Customers across the country drove retail gains of Ford brand SUVs in July", U.S. The company, however, said Jeep sales came in at 9,842 units for July - the highest monthly total in Canada in 75 years. Fiat Chrysler ended production of many models it at one time sold to rental fleets. (more...)
Foxconn selects U.S. site for plant Foxconn selects U.S. site for plant
- July 31, 2017

Foxconn founder and Chairman Terry Gou , left, and Gov. Scott Walker sign a memo of understanding Thursday at the Milwaukee Art Museum setting out the conditions under which Foxconn agrees to bring a plant to southeastern Wisconsin . (more...)

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