Economy

Dow closes at 12th record high

Dow closes at 12th record high

Boeing, UnitedHealth and Caterpillar were among the biggest boosts for the Dow on Monday. Despite the optimism, his speech has brought markets, the speech still lacked specifics to when or how the plans are meant to be imposed by the administration and to how they expect it to affect the financial market. Read More

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Hershey to cut 15% of jobs, diversify its snacks

CNN said that percentage works out to 2,700 people, based on the reported 18,000 people the company has employed worldwide, according to a December public filing. Incoming Chief Executive Michele Buck said the company's "Margin for Growth" initiatives "should give us the flexibility to invest in certain parts of our business". Read More

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Over 1000 jobs at risk at Ford Bridgend

It follows the company's decision to cut investment in the Dragon engine project, announced in September, that would have seen the south Wales plant produce Ford's new generation of petrol engines. The plant now manufactures around 655,000 engines per year, but contracts are due to end shortly and there is only guaranteed work for 125,000 in the future. Read More

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What are Research Firms Saying About TD Ameritrade Holding Corporation (NYSE:AMTD)?

Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.42 earnings per share. The stock was sold at an average price of $47.00, for a total transaction of $940,000.00. Following the completion of the transaction, the director now directly owns 200,000 shares in the company, valued at $9,400,000. Read More

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After Disappointing Year, Fiesta Restaurant Recruits New Leadership

After Disappointing Year, Fiesta Restaurant Recruits New Leadership

For the year, the company reported profit of $16.7 million, or 62 cents per share. Fiesta Restaurant Group Inc ., parent company of the Pollo Tropical and Taco Cabana brands, released a freight-load of leadership, strategy and financial news Monday, including lukewarm FY and Q4 2016 financials, a new CEO and COO, a board appointment, a board promotion, and announcement that it will no longer seek a purchaser for the brands or pursue plans to spin off or divest the Taco Cabana brand, ... Read More

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Stock's Earning Overview: United States Steel Corp. (NYSE:X)

They now have a Dollars 40 price target on the stock. Mitsubishi UFJ Securities Holdings Co. Advisor Group Inc. acquired a new position in United States Steel Corporation during the second quarter valued at approximately $120,000. A number of brokerages have recently weighed in on X. United States Steel Corporation (NYSE:X) shares slumped -0.80% to $37.01 on Friday. 15 analysts projected Price Targets for United States Steel Corp. Read More

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Viavi Solutions Inc. (NASDAQ:VIAV)

Stevens Capital Management LP acquired a new stake in Viavi Solutions during the third quarter valued at $110,000. The stock's market capitalization is 2.30B. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.03. Pacad Investment Ltd. boosted its position in shares of Viavi Solutions by 8.1% in the fourth quarter. Read More

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Sinclair Broadcast Eyes Tribune Media

Analysts have said the broadcast industry hopes President Donald Trump will lift caps on ownership concentration, allowing it to compete for audiences and advertising dollars against Facebook Inc and Alphabet Inc's Google. Neither Hunt Valley-based Sinclair nor Tribune Media would comment. Many in the industry expect regulations on media ownership to lessen under the Trump administration and an FCC led by Republican Chairman Ajit Pai. Read More

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PayPal Sued For Allegedly Diverting Donations To Different Causes

PayPal Sued For Allegedly Diverting Donations To Different Causes

The suit notifies that Friends for Health, which is one of the organizations Kass aimed for, has never registered for an account with the PayPal Giving Fund, and still appears on PayPal's website for accepting donations. PayPal says that when such a charity receives a donation, PayPal will contact the organization "at regular intervals.in order to enroll them" - and that after six months, if they don't enroll, the funds may be "reassigned". Read More

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Snapchat owner shares 'priced at $17' despite making losses

Underwriters in the IPO have communicated the $17 to $18 per share range to some investors, saying that this is where the deal will likely price, although nothing is certain at this time . It also makes Snap the biggest share listing in the tech sector since Chinese e-commerce group Alibaba in 2014. After all, this is the same confident guy that said no to a $3 billion all-cash acquisition offer from Facebook in 2013, because he thought he could get more money for his young company. Read More

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High-Momentum Energy Stocks: Devon Energy Corporation (DVN), PBF Energy Inc. (PBF)

The Market Capitalization of the company stands at 23.37 Billion. Neville Rodie & Shaw Inc.'s holdings in Devon Energy Corporation were worth $2,604,000 at the end of the most recent reporting period. The stock was last seen -2.21% lower, reaching at $11.5 on February 28, 2017. Following the completion of the transaction, the insider is left with a stake of 21,320 shares, amounting $924435.2. Read More

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ISM reports a record-setting month for manufacturing in February

Factories have now expanded for six straight months. The new orders index, one of the key subcomponents, of the PMI surged to 65.1 percent, from 60.4 percent in the previous month, the highest since December 2013. "I don't see anything here, or in the winds, that would suggest we can't continue with this kind of pace going forward in the next few months". Backlog of orders in February saw a significant gain, rising 7.5 percent to 57.0, and with production at its highest level in several ... Read More

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Fidelity, Charles Schwab Cut Commissions for Investors

This morning, Fidelity Investments announced it has slashed its retail commissions for US stock and ETF trades from $7.95 to $4.95 and reduced options pricing from 75 cents to 65 cents a contract. Following Tuesday's trimming news, shares of TD Ameritrade fell more 10 percent, while eTrade fell more than 8 percent, and Charles Schwab was down more than 4 percent in afternoon trade. Read More

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Analysts showing optimistic trends for: PayPal Holdings, Inc. (NASDAQ:PYPL)

Analysts showing optimistic trends for: PayPal Holdings, Inc. (NASDAQ:PYPL)

These analysts also forecasted Growth Estimates for the Current Quarter for PYPL to be 10.8%. The Company now has Insider ownership of 5.9 Percent and Institutional Ownership of 83.7 Percent. SRS Capital Advisors Inc. purchased a new position in PayPal Holdings during the fourth quarter worth about $135,000. To analyze a stock, one should look for Upgrades and Downgrades of a stock. Read More

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Bridgewater Founder Dalio Stepping Down as Co-CEO

Bridgewater Founder Dalio Stepping Down as Co-CEO

Dalio will retain his role as co-Chief Investment Officer. His $150 billion firm has been in a seven-year management and equity transition created to find his successor. Dalio said his transition out of management will be complete by April 15. He wrote: "Any organization run by a 60+ year old that says that it isn't in transition is either naïve or disingenuous". Read More

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Research Report for: Exelon Corporation (NYSE:EXC)

The EPS growth for the past five (5) years shows a value of -20.10%, whilst the EPS value for the next five (5) years shows a figure of 1.37%. The volume of 4.62 Million shares climbed up over an trading activity of 4.22 Million shares. The ex-dividend date was Thursday, November 10th. Exelon Corporation P/E (price to earnings) ratio is 29.9 and Forward P/E ratio of 12.75. This article was originally posted by BBNS and is the property of of BBNS. Read More

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Labor Department calls to delay major rule about retirement advice

Labor Department calls to delay major rule about retirement advice

Employers are required to comply with most of the obligations by March 12, 2018, although they will have additional time to comply with other requirements such as providing changing rooms and showers and engineering controls. When former President Barack Obama's administration finalized the rule previous year, it said it was a move to help Americans saving for their retirement. Read More

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TRI Pointe Group, Inc. (NYSE:TPH)

Evercore ISI began coverage on shares of TRI Pointe Group in a research note on Monday, November 14th. The forecast of 9 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The business earned $773.30 million during the quarter, compared to analysts' expectations of $792.88 million. 3 Months Ago, shares have been suggested as BUY from 8 and 0 issued SELL signal for the company's stock. Read More

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Valeant Pharmaceuticals International, Inc. (NYSE:VRX) Yearly Sales Estimates At $2249.135

The Laval, Quebec-based drugmaker's shares were down 5.7% ahead of market's open Tuesday, with shares hovering around $15.72 apiece. (VRX) declared fourth quarter and full year 2016 financial results. Several equities analysts have recently weighed in on VRX shares. They now have a Dollars 55 price target on the stock. They now have a United States dollars 21 price target on the stock. Read More

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The Eaton Vance Management Sells 1045784 Shares of Cypress Semiconductor Corporation (CY)

That value represents a market adjusting for revenues that have been growing by 17.78 % on a quarterly year/year basis as of the company's last quarterly report. Perhaps, that suggests something about why 5.10% of the outstanding share supply is held by institutional investors. On 8/5/2015 Cypress Semiconductor Corporation announced a quarterly dividend of $0.11 3.96% with an ex dividend date of 9/22/2015 which will be payable on 10/15/2015. Read More

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Earnings Recap: 3D Systems Corporation (NYSE:DDD)

The buoyancy in the outlook of 3D Systems Corporation (DDD) is getting weaker by the somewhat negative sentiment (3.10 on a 5-point scale) that sell-side analysts have provided concerning it. If you are viewing this piece on another website, it was copied illegally and reposted in violation of USA and worldwide copyright legislation. 3D Systems Corporation (NYSE: DDD)'s stock had its "market perform" rating restated by FBR & Co in a research report issued to clients and investors on ... Read More

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Sebi working on new norms to curb misuse of social media

Sebi working on new norms to curb misuse of social media

Sebi has been very harsh in this period. About the NSE matter, Sinha said the regulator is following up its directions that have to be implemented by the exchange. Mr. Sinha, who got an extension twice, spent a total of six years at the helm and will be succeeded by Ajay Tyagi, an officer of the Indian Administrative Service (IAS) who served as Additional Secretary (Investment) in the Department of Economic Affairs. Read More

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Japan Leads Asia Stocks Higher After Fed Comments, Trump Speech

Japan Leads Asia Stocks Higher After Fed Comments, Trump Speech

The newswire said New York Fed president William Dudley had independently told CNN that the case for raising rates "has become a lot more compelling" in light of the economy's current and expected performance. Money market futures are now pricing in nearly a 70 percent chance of a rise in official interest rates in March, compared to a just over 30 percent chance before the Fed comments. Read More

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Sempra Energy raises outlook after earnings beat

Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new position in shares of Sempra Energy during the second quarter valued at about $205,000. Sempra Energy had a net margin of 13.24% and a return on equity of 9.41%. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.03. Read More

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