Economy

Bitcoin is hovering near all-time highs

Bitcoin is hovering near all-time highs

The run-up in price has been driven in part by speculation that the Securities and Exchange Commission could soon authorize the creation of the first bitcoin-focused exchange-traded fund. "If approved this would certainly give a dramatic condoning of bitcoin by the authorities and powers that be", digital currency analytics firm Cryptocompare CEO, Charles Hayter, said. Read More

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Aercap Holdings NV's (AER) Outperform Rating Reaffirmed at RBC Capital Markets

Several investment firms issued their expert ratings on AerCap Holdings N.V. (NYSE:AER) in which Stephens & Co. Aercap Holdings N.V.'s revenue was up 2.3% compared to the same quarter past year. In other news, CEO Aengus Kelly sold 100,000 shares of the company's stock in a transaction on Monday, December 12th. The stock recently closed its previous session at $46.79 by showing a percentage change of -0.74% from its previous day closing price of $47.14. Read More

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Concho Resources, Inc. (NYSE:CXO) Fell -6.83%

Concho Resources, Inc. (NYSE:CXO) Fell -6.83%

Finally, Goldman Sachs Group, Inc. (NYSE:CXO) stock have an ABR of 1.45. The company's consensus rating on Reuter's scale improved from 1.86 to 1.89 during a month. Following Earnings result, share price were DOWN 17 times out of last 28 Qtrs. Further back, their 200-Day Simple Moving Average is 35.46% difference from today's price. Read More

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'Oil above $55 per barrel not to OPEC's benefit'

Total plans to invest in a $2 billion gas project in Iran by the summer, but the decision depends on the renewal of U.S. sanctions waivers, chief executive Patrick Pouyanne said earlier this month, according to the report. OPEC Secretary-General Mohammad Barkindo said that January data showed conformity from participating OPEC nations with output curbs had been above 90 percent and oil inventories would decline further this year. Read More

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How Have Brocade Communications Systems, Inc. (BRCD) Earnings Outlook Changed?

Brocade Communications Systems's payout ratio is presently 42.31%. Investors may also monitor a company's PEG or price to earnings growth ratio. The stock is now down 11.55 on just over a million shares. Acacia Communications had a net margin of 22.18% and a return on equity of 69.87%. Analysts' estimates typically exclude special items. Street is looking for an EPS of 47 cents a share and $2.10 a share for the second quarter and fiscal year respectively. Read More

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Sask. sees retail sales growth in December 2016

All three of the statistics agency's core inflation measures - which attempt to gauge underlying inflation by removing volatile items such as energy - remained below 2 percent in January from a year earlier, with an average of 1.6 percent. "Black Friday is definitely a cause", he said referring to the Friday after the U.S. Thanksgiving holiday in November when retailers have some of their biggest promotions of the year. Read More

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Cemtrex, Inc. (CETX): How technical indicators have come out?

Bragar Eagel & Squire, P.C.is investigating potential claims against the board of directors of Cemtrex, Inc . The consensus recommendation, according to Zacks Investment research, is 2. The stock now shows its YTD (Year to Date) performance of -53.93 percent while its Weekly performance value is -41.48%. The stock is now moving above its 20-Day Simple Moving Average of -44.97% with the 50-Day Simple Moving Average of -44.97 percent. Read More

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Trump administration hopes to pass tax reform by August

Trump administration hopes to pass tax reform by August

To view the full article, register now. He said his team was still "looking at" the subject of a border adjustment tax that would put a tariff on imports. Mnuchin sees the impact of tax cuts feeding into the economy in late Y 2018, reiterating his goals of reaching at least 3% growth. Geng also urged that Washington view the yuan exchange rate "in an objective light" and reiterated China's intention of continuing to reform its exchange regime, while stressing Beijing's willingness to ... Read More

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Large Outflow of Money Witnessed in Alibaba Group Holding Limited

Large Outflow of Money Witnessed in Alibaba Group Holding Limited

The company has grown 19.13% in past 3 months and in the last five trades has moved up 1.94%. Finally, ClariVest Asset Management LLC boosted its position in shares of Alibaba Group Holding by 9.3% in the third quarter. The company earned $7.70 billion during the quarter, compared to analyst estimates of $7.32 billion. During the same quarter past year, the firm posted $0.99 EPS. Read More

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Esperion Therapeutics reports 4Q loss

The percentage change return over the last fifty two weeks remained -30.28%. A number of institutional investors have recently made changes to their positions in ESPR. Dimensional Fund Advisors LP now owns 40,220 shares of the biopharmaceutical company's stock valued at $504,000 after buying an additional 14,257 shares during the period. Read More

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Mnuchin says goal is to pass tax reform by August

The dollar index, which measures its broader strength against a basket of other currencies, was marginally higher on the day at 101.32. The euro fell to US$1.0581 from US$1.0582, and sterling was down to US$1.2548 from US$1.2556. USA stocks edged higher on Thursday , buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major US companies to bring back millions of jobs to the United States. Read More

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Earnings Guidance on Hormel Foods Corporation(HRL)

AQR Capital Management LLC lowered its position in shares of Hormel Foods Corporation (NYSE:HRL) by 8.3% during the fourth quarter, according to its most recent filing with the SEC. The company's Relative strength index is 59.86. Huntington National Bank now owns 4,100 shares of the company's stock valued at $156,000 after buying an additional 600 shares during the last quarter. Read More

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Traders Watch list: Yahoo! Inc. (NASDAQ:YHOO)

Yahoo! Inc. (NASDAQ:YHOO) stock is presently standing at about $45.98 and lots of equity research firms seem to have a target price set on the stock. It opened the session with a $45.47 price tag, later ranging from $45.45 to $46.345, the range at which the stock has traded at throughout the day. Read More

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Starbucks Corporation (NASDAQ:SBUX) shows weekly volitility of 1.02%

In the same quarter past year, the company reported EPS of $0.39. Vanguard Group Inc. now owns 86,325,173 shares of the coffee company's stock worth $4,930,894,000 after buying an additional 715,837 shares in the last quarter. The company also recently announced a quarterly dividend, which will be paid on Friday, February 24th. Stockholders of record on Thursday, February 9th will be given a dividend of $0.25 per share. Read More

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Ex Director of Freedom 251 booked for fraud

The deputy SP of Ghaziabad , Manish Mishra said that Mohit Goel has been detained for interrogation in connection with the issue. the Ayam Enterprises, in its FIR, said that Goel and others officials of Ringing Bells urged him to take up the distributorship of the Freedom 251 phones in November 2015. Read More

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The Apache Corporation (APA) Shares Sold by Ardevora Asset Management LLP

Apache Corporation (NYSE:APA) plunged -1.75% with the closing price of $54.91. The stock presently has a consensus rating of Hold and a consensus target price of $61.82. Zacks Investment Research downgraded Apache Corporation from a "buy" rating to a "hold" rating in a report on Friday, October 28th. The Company now has Insider ownership of 0.1 Percent and Institutional Ownership of 96.8 Percent. Read More

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The Cheesecake Factory Incorporated (CAKE) Given Sell Rating at Jefferies Group LLC

On 7/27/2016 The Cheesecake Factory Incorporated announced a quarterly dividend of $0.24 1.84% with an ex dividend date of 8/8/2016 which will be payable on 8/23/2016. Shareholders of record on Wednesday, March 8th will be given a dividend of $0.24 per share. The Cheesecake Factory's payout ratio is 35.56%. This report was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. Read More

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Oasis Petroleum Inc. (NYSE:OAS)

The stock now has a Market Cap of $2.95B. Additionally, Seaport Global Securities Downgrade its ratings on the stock to Neutral. The stock appeared $17.08 above its 52-week highs and is up 1.85% for the last five trades. Revenue is expected in between 237 Million and 170.3 Million with an average of 204.48 Million. The third largest holder is Spo Advisory Corp, which now holds $190.18 million worth of this stock and that ownership represents almost 5.82% of its market capitalization. Read More

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John Lewis cuts 387 jobs in staff overhaul

The company said it wanted to shift its home estimation and fittings services - the section responsible for measuring up in customers' homes and installing curtains, blinds and flooring - a central hub in Manchester. Abouy 773 staff have now entered redundancy consultation and been given the opportunity to apply for 386 new roles. In Catering, the company will move to using a centrally-created menu which will require less on-site preparation work. Read More

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Jack in the Box Reports Higher 1st Quarter Sales and Earnings

Jack In The Box expects full-year earnings in the range of $4.25 to $4.45 per share. During the same period a year ago, the business earned $0.93 earnings per share. Following the completion of the transaction, the vice president now directly owns 15,521 shares in the company, valued at $1,604,871.40. Insiders have sold 86,945 shares of company stock worth $9,117,634 over the last three months. Read More

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Tesla boss hints at possible capital raise later this year

According to The Australian , the US$35,000 (AU$45,400) Tesla Model 3 electric sedan's production plans have instilled fresh enthusiasm in investors. Meeting that ambitious target will depend a great deal on the Model 3 , which is expected to boast about 215 miles of battery range per charge. The Model 3 - which has already chalked up a 400,000-customer waitlist, is Musk's pitch at the mainstream EV market, with an expected ticket price of $US35,000. Read More

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Canadian Imperial Bank posts 1Q profit

Canadian Imperial Bank posts 1Q profit

The company now has a consensus rating of "Hold" and an average target price of C$112.92. The heightened volatility saw the trading volume jump to 3,82,883 shares. Receive Canadian Imperial Bank of Commerce News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Imperial Bank of Commerce with MarketBeat.com's FREE daily email newsletter. Read More

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Earnings Whispers: Splunk Inc (SPLK) And Gap Inc (GPS)

Nonetheless, and in the immediate aftermath of reporting, investor reaction in Splunk Inc. Most recently Splunk Inc. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. MKM Partners reaffirmed a "neutral" rating on shares of Splunk in a research report on Friday, November 4th. Alcoa Corporation (NYSE:AA) right now sits at consensus rating of 2.20 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" ... Read More

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British American Tobacco PLC

The original version of this story can be read at https://www.com-unik.info/2017/02/23/brokerages-set-british-american-tobacco-plc-bti-price-target-at-114-00.html. British American Tobacco plc are listed in the Consumer Goods sector within UK Main Market. The gross margin parades a value of 76.10% with the company running a operating margin of 33.10% and a profit margin of 32.30%. Read More

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Sizzling Hot Services Stocks: Sinclair Broadcast Group, Inc. (SBGI), TEGNA Inc. (TGNA)

Sizzling Hot Services Stocks: Sinclair Broadcast Group, Inc. (SBGI), TEGNA Inc. (TGNA)

Sinclair Broadcast Group, Inc. The spike in revenues came thanks to 33.1% growth in media revenues, driven by political revenues of $113.2 million and a 21% increase in revenues from digital offerings. Sinclair Broadcast Group, Inc.is expected to give up sales by -0.36% in next year to $2.74B. CUBE right now sits at consensus rating of 2.30 while 4 analysts have advocated the shares as "BUY", 3 calls it an "OUTPERFORM" and 7 suggest "HOLD". Read More

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