Economy

Weibo Tumbles Despite Strong Earnings

Weibo Tumbles Despite Strong Earnings

Maso Capital Partners Ltd purchased a new position in shares of Sina Corporation during the fourth quarter valued at approximately $2,456,000. A number of large investors have recently bought and sold shares of the company. Weibo Corporation had a net margin of 14.22% and a return on equity of 12.79%. Weibo's earnings per share for the December quarter came in at $0.34 per share on revenues of $212.7 million versus Street expectations of $0.28 per share and revenues of $206.5 million. Read More

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Market Movers Snapshot - Garmin Ltd. (NASDAQ:GRMN), Target Corporation (NYSE:TGT)

Market Movers Snapshot - Garmin Ltd. (NASDAQ:GRMN), Target Corporation (NYSE:TGT)

The analyst projections are $0.46 in EPS on $627.35 million in revenues. The Company operates through five business segments: marine outdoor fitness automotive/mobile and aviation markets. Analysts, on average, are expecting a $2.65 per share profit this year on $2.97 billion in revenue. The current ratio for Garmin Ltd. NASDAQ shows a rate of 2.4 with its quick ratio of 1.9. Read More

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IAG eyes A321LR order for Aer Lingus, transatlantic routes

Revenue for the year was down 1.3 percent to 22.57 billion euros, and passenger unit revenue for the year down 5.4 percent at constant currency. The airline group has plans to carry out a share buyback of 500m euros in 2017. Returning to Norwegian, the Scandinavian budget carrier is not the only European operator looking to revolutionize the transatlantic market by bringing in low fares. Read More

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Fiscal Year Earnings Estimate on Acadia Healthcare Company, Inc.(ACHC)

Fiscal Year Earnings Estimate on Acadia Healthcare Company, Inc.(ACHC)

Revenue for the quarter rose to $702.9 million from $495.3 million a year earlier. The estimated EPS for the current quarter is said to be $-0.65. During the same quarter in the previous year, the business posted $0.59 earnings per share. Acadia Healthcare Company, Inc . The stock added about 67.6 percent in price since last results when it was at $22.99 a share. 11/03/2016 - Acadia Healthcare Company, Inc . Read More

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Mnuchin in no rush to label China a currency manipulator

Derek Scissors, a senior fellow at the American Enterprise Institute focused on economic relations with China, said the yuan's recent strength could become a factor in how to determine if Beijing is manipulating its currency. Many analyses have estimated that Trump's campaign-trail tax plan will benefit the wealthy much more than the middle class. "But broad-based reform of the type that it took two to three years to do in 1986, I really doubt it", he added. Read More

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Research Report for: Summit Materials, Inc. (NYSE:SUM)

Following the completion of the transaction, the insider now owns 10,150 shares of the company's stock, valued at $242,991. The transaction was disclosed in a legal filing with the SEC, which is available at this link . RBC Capital Markets restated an "outperform" rating and issued a $26.00 price objective (up from $24.00) on shares of Summit Materials in a research note on Thursday, November 3rd. Read More

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Shares Picking Up Steam: Intuit Inc. (NASDAQ:INTU)

Shares Picking Up Steam: Intuit Inc. (NASDAQ:INTU)

Finally, J P Morgan Chase & Co reiterated a "hold" rating and issued a $114.00 target price on shares of Intuit in a research note on Thursday, November 17th. Company insiders own 5.70% of the company's stock. Inside the closing six months period the stock's performance raised 6.67% while overall yearly performance gained 23.55%. Read More

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Free flu vaccine for people with respiratory conditions

Anyone who has not gotten vaccinated yet this season should get vaccinated now. Seven were 50 to 64, three were between 18 and 49 and one was 4 years old or younger. Increasing influenza B cases is common for the second half of the flu season. "Our findings in London of the rapid emergence of genetically drifted influenza A (H3N2) viruses underscore the potential for such strains to spread rapidly in hospital environments among patients and staff", the authors wrote. Read More

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Consumer sentiment still strong in February, but comes off 13-year high

Consumer sentiment still strong in February, but comes off 13-year high

Also, Czech business and consumer sentiment survey data is due. Still, the survey remains divided along partisan, political lines. "Since neither recession nor robust growth is expected in 2017, both extremes must eventually converge". The "gain represents the result of an unprecedented partisan divergence, with Democrats expecting recession and Republicans expecting robust growth", noted Richard Curtin, chief economist of the MI survey. Read More

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Some Reporters Barred From White House Briefing After Trump Assails Media

Some Reporters Barred From White House Briefing After Trump Assails Media

Less than two hours before Trump criticized the use of anonymous sources and said all sources should be named, an administration official provided a briefing on condition he not be identified. Many newspapers such as USA Today accurately quoted Trump's tweet that declared the "fake news media" to be "the enemy of the American people". And I love the First Amendment, nobody loves it better than me. Read More

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Chevron Corporation (NYSE:CVX) Chalking Up Volume in Session

Perhaps, that suggests something about why 0.05% of the outstanding share supply is held by institutional investors. For the past 5 years, the company's revenue has grown -14.7%, while the company's earnings per share has grown -15.1%. A rating of 4 or 5 would represent a Sell recommendation. The ex-dividend date of this dividend is Tuesday, February 14th. Chevron's dividend payout ratio (DPR) is presently -1,600.00%. Read More

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India approves $2.5bn missile deal with Israel

India approves $2.5bn missile deal with Israel

India has approved a deal with Israel to develop jointly a medium-range surface-to-air missile system (MR-SAM) for the army in a $2.5 billion deal. During his visit to New Delhi in November last, Israeli President Reuven Rivlin had said both countries sides had made a decision to "broadbase" their already close defence partnership. Read More

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Noteworthy Movers: Delcath Systems, Inc. (NASDAQ:DCTH), Provectus Biopharmaceuticals, Inc. (OTC:PVCT)

That puts the market capitalization at $0.43 mln. Delcath Systems, Inc. (NASDAQ:DCTH) have shown a high EPS growth of 45.60% in the last 5 years and has earnings growth of 66.40% yoy. Earnings, with 1 analysts believing the company would generate an Average Estimate of $-3.24. The median estimate represents a +13,465.89% increase from the last price of 0.03. Read More

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Is A March Rate Hike In The Cards?

The dollar edged higher as investors parsed the Fed's January meeting minutes , which said that it may be appropriate to raise rates again "fairly soon" should jobs and inflation data be in line with expectations. Fed policymakers continue to see the possibility that President Trump's proposed fiscal stimulus could juice economic growth, requiring faster rate increases. Read More

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New home sales up

New home sales up

McLaughlin, although that doesn't account for population growth. The government's data on sales of new homes is notoriously choppy and often revised heavily. Single-family construction climbed 1.9% in January, while multifamily construction tumbled 10.2%. Sales of the roughly 44,000 homes were up 15.8% from the previous month and rose 22.2% from a year earlier. Read More

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Apple opposes Trump's decision to rescind bathroom protections for transgender students

Apple opposes Trump's decision to rescind bathroom protections for transgender students

Apple (AAPL) is leading the charge of Silicon Valley firms who have spoken out against President Donald Trump's decision to roll back federal protections for transgender students in public schools. Justice and Education departments on Wednesday that withdraws guidance released by the Obama administration in May of a year ago. She said: "This issue was a very huge example of the Obama administration overreach, to suggest a one size fits all government top-down approach to issues that are ... Read More

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Tesla Reports Wider-Than-Expected Loss, Revenue Beats, Model 3 On Track

Tesla Reports Wider-Than-Expected Loss, Revenue Beats, Model 3 On Track

Shares of Tesla were down nearly 1 percent on Wednesday ahead of the electric auto maker's first quarterly report following its.6 billion acquisition of solar panel installer SolarCity. "There's a lot at stake here". This has pushed Tesla market value to within reach of 100-year-old Ford. Tesla started adding the suite of cameras and sensors to all its cars in October. Read More

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Analysts Ratings on: Sanchez Energy Corporation (NYSE:SN)

Northpointe Capital LLC now owns 628,432 shares of the company's stock worth $5,555,000 after buying an additional 558,471 shares in the last quarter. KLR Group raised Sanchez Energy Corporation from a "hold" rating to a "buy" rating in a research note on Friday, January 13th. RBC Capital Markets reiterated an "outperform" rating and issued a $16.00 target price (up from $14.00) on shares of Sanchez Energy Corporation in a report on Tuesday, January 24th. Read More

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Melco Crown Entertainment Limited

The Company's segments include City of Dreams, Altira Macau, Studio City, Mocha Clubs, City of Dreams Manila, and Corporate and Others. The bonus cash comes from the selldown of Crown's stake in its troubled Macau venture, Melco Crown, and a retreat from its global ambitions to focus on the Australian market. Read More

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Osinbajo withholds assent to four bills

Osinbajo withholds assent to four bills

Reading four different letters sent to the Senate by Osinbajo, he said the first of the four bills is the Dangerous Drugs Amendment Bill 2016 which the Acting President withheld his assent due to concerns regarding words and phrases used, and also the spirit behind the proposed amendment. Read More

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JCPenney to close 130 to 140 stores

JCPenney to close 130 to 140 stores

C. Penney Company, Inc. EPS or Earning per Share stands at $-0.85. TCW Group Inc. increased its stake in J C Penney Company by 10.5% in the second quarter. The Insider Ownership of the company now is 1 percent, and Institutional Ownership is 87.8 percent. Image source: J.C. Penney. The stock sank -1.29% last month and is down -17.45 this year. Read More

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Law enforcement says main DAPL protest camp officially closed

Law enforcement says main DAPL protest camp officially closed

Far from ending their protest, many are simply moving camp to higher ground. He was then taken to the Morton County Correctional Center. Still, roughly 50 protesters vowed that they would be arrested rather than leave the site. The tribe has argued the $3.8 billion pipeline - set to bring crude oil from the North Dakota's Bakken oil patch through the Midwest and into the Gulf Coast - violates their territorial rights from an 1851 treaty, noting it threatened the tribe's water source and ... Read More

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The new 'Titanfall 2' Live Fire mode comes with double experience

The new 'Titanfall 2' Live Fire mode comes with double experience

The new mixtape approach to matchmaking was created in response to feedback from players according to a post last month on the official Titanfall 2 blog. Balancing was touched upon last week via the preliminary patch notes found here . Titanfall 2's latest update begins rolling out today on Xbox One and it brings a significant amount of fresh content for players and requires no additional purchase whatsoever. Read More

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Nordstrom's quarterly sales rise 2.4 pct

Nordstrom ended fiscal 2016 with cash and cash equivalents of $1,007 million, long-term debt net of current liabilities of $2,113 million and total shareholders' equity of $870 million. The shares were sold at an average price of $58.38, for a total value of $1,432,294.92. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.83 on scale of 1-5. Read More

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