Money

IRS might owe you money for 2013

IRS might owe you money for 2013

If you didn't file a return for 2013, even if you didn't have to, you may want to do it now. "We're trying to connect a million people with their share of 1 billion dollars in unclaimed refunds for the 2013 tax year", said IRS Commissioner John Koskinen. Read More

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Loop Capital Reiterates

Loop Capital Reiterates "Hold" Rating for Office Depot, Inc. (ODP)

For the fourth quarter, net income was $55 million compared with $15 million in the same quarter a year ago. The Q1 2017 consensus earnings estimates for the company have stabilized at US$0.12 per share. The company now has a consensus rating of "Hold" and a consensus target price of $5.39. CHICAGO TRUST Co NA boosted its position in shares of Office Depot by 49.9% in the third quarter. Read More

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Abercrombie & Fitch Q4 Profit Decreases; Comp. Sales Down 5%

For the quarter ending 08/30/2016, The Analyst projected that the company could deliver EPS of -0.2 while the company provided its Actual EPS of -0.25 showing a difference of -0.05 Percent between the Estimated and Actual EPS. This Company belongs to Retail-Wholesale sector. After a recent spot-check, the stock has touched $11.38 which represents a change from the open of -3.60%. Read More

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Occidental Petroleum Corporation (NYSE:OXY), KBR, Inc. (NYSE:KBR)

Adell Harriman & Carpenter Inc. boosted its position in Occidental Petroleum by 9.2% in the second quarter. EPS ratio determined by looking at last 12 month figures is -1.31. The business's revenue was down.6% on a year-over-year basis. It has a dividend yield of 4.64%. The ex-dividend date is Wednesday, December 7th. Occidental Petroleum Corporation P/E (price to earnings) ratio is 0 and Forward P/E ratio of 31.92. Read More

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How Technical Charts Showing Right Now for American Eagle Outfitters, Inc. (AEO)

How Technical Charts Showing Right Now for American Eagle Outfitters, Inc. (AEO)

The third largest holder is Lsv Asset Management, which now holds $117.5 million worth of this stock and that ownership represents almost 4.66% of its market capitalization. American Eagle Outfitters (NYSE:AEO) reported net income for the fourth quarter of $ 54.62 million or $ 0.30 per share, compared to income $ 81.71 million or $ 0.42 per share for the year-ago quarter. Read More

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Ross Stores Inc. Q4 Income Advances 15%

Other hedge funds and other institutional investors have also modified their holdings of the company. The apparel retailer reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.02. Ross Stores Inc .'s profit and revenue rose above expectations in the final quarter of the year year, but the retailer offered a tepid outlook amid broader economic and industry uncertainty. Read More

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The Dow Chemical Company (NYSE:DOW)

The Dow Chemical Company (NYSE:DOW)

Institutional investors own 81.27% of the company's stock. The Dow Chemical Company's Average Earnings Estimate for the current quarter is $0.97, according to consensus of 17 analysts. A number of research firms have recently weighed in on EMN. RBC Capital Markets restated a "hold" rating and set a $74.00 target price on shares of Eastman Chemical Company in a research report on Wednesday, January 4th. Read More

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Nigeria says economy shrank 1.51 pct in Q4 2016

Nigeria says economy shrank 1.51 pct in Q4 2016

The country recorded recessions in 1991 and 1995, recording a full year economic decline of 0.6 and 0.3 percent respectively. This is mainly because agriculture (especially crop production, which accounts for the bulk of agricultural production) is highly seasonal, with growth in the third quarter of the year usually higher than the others. Read More

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Greggs sales edge towards £900m

Greggs sales edge towards £900m

Greggs shares dropped 3% in early morning trading, down 33.5p to 977.5p, reflecting the "more challenging" conditions comment. Greggs' revenue for 2016 grew as the bakery transforms itself in a food-on-the-go-retailer, while the company was cautious about the consumer outlook in the UK. Read More

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Thursday Morning Briefing: Asian Shares Gain On March Rate Hike Bets

Thursday Morning Briefing: Asian Shares Gain On March Rate Hike Bets

The greenback's strength also inflicted modest losses on emerging stocks and currencies, though buoyant manufacturing data across the developing world allowed equity markets from India to Hungary to buck the weaker trend. He concluded that while "sentiment has improved markedly", confidence gains "haven't translated yet into spending". "The committee has been quite patient, and I believe that has served us well", Jerome H. Read More

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UP Minister Prajapati goes underground, as police seek arrest

UP Minister Prajapati goes underground, as police seek arrest

She had said the police had found that Gayatri and the victim had talked on cell phone. The police did not find him in Amethi too. "Akhilesh ji you started your election campaign by campaigning for Gayatri Prajapati.the people of UP want to know if your SP-Congress alliance is as pure as Gayatri Prajapati", PM Modi said, commenting that the country's highest court had to step in for a case to be filed against him. Read More

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Wells Fargo & Co (WFC) Says No Cash Bonuses for Top Execs

Sloan, who took over as CEO after John Stumpf stepped down previous year, said he supports the board's action. In total, Wells slashed executive pay by $32 million, the board said. Bank spokesman Josh Dunn said February 21 there was no North Carolina connection to the four fired managers. Currently, the board of Wells Fargo is carrying out investigations on the sales scandal, and the company is expected to announce the results in April, before the annual shareholder meeting. Read More

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Broadcom Limited (AVGO) Dividend Payout Ratio

Broadcom Limited (AVGO) Dividend Payout Ratio

Currently, analysts are expecting Broadcom to deliver an EPS of 3.46 on revenue of $4.08 billion for the quarter ended January 2017. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website . Finally, Artisan Partners Limited Partnership raised its position in Broadcom Limited by 19.8% in the fourth quarter. During the same quarter previous year, the business posted $2.51 EPS. Read More

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James's Place plc's (STJ) Buy Rating Reaffirmed at Shore Capital

Numis Securities Ltd lowered shares of St. James's Place plc to a "hold" rating and set a GBX 1,065 ($13.27) target price on the stock.in a research report on Thursday, January 26th. St. James's Place plc has a 52-week low of GBX 521.00 and a 52-week high of GBX 1,126.44. Market capitalisation for LON:NXT is £5,721,970,827 GBP. The 50 day moving average of Aa PLC (LON:AA) is 259.48 whilst its 200 day moving average is 270.58. Read More

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Beige Book: Economic Expansion Continues into 2017

The Fed is awaiting details on President Donald Trump's economic plans, including a possible border tax on imports into the United States, in order to assess how his policies would affect the outlook. "Labor markets remained tight in early 2017, with some Districts noting widening labor shortages", the report said. On Wednesday, traders priced in an 80% chance of a rate hike at the Fed's March meeting, up from 50% at the start of the week. Read More

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Crazy Volume Spikes for: Northern Dynasty Minerals Ltd. (NYSEMKT:NAK)

Crazy Volume Spikes for: Northern Dynasty Minerals Ltd. (NYSEMKT:NAK)

The stock boasts a consensus analyst "Buy" rating with the consensus recommendation standing at 2.00. Rating Scale: 1.0 represent "Strong Buy" and 2.0 signify "Buy" 3.0 while shows "Hold". The Average Volume of the company is 8.88 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 0. The Stock now has a Weekly Volatility of 23.69% and Monthly Volatility of 15.21%. Read More

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BCBG Files For Bankruptcy

Just last month, BCBG announced it would close stores and focus on its ecommerce business, though at the time, it denied a sale was in its future. To that end, the company has received commitments from its existing asset-based and term loan lenders to provide financing as it regroups; it listed assets of between $100 million and $500 million and liabilities between $500 million and $1 billion, according to its court filing. Read More

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Bihar Congress flays LPG price hike

Bihar Congress flays LPG price hike

The price hike is reported to be the steepest cost escalation of cooking gas cylinders in India's history. Oil firms also raised price of subsidised cooking gas by a marginal 13 paisa to Rs 434 .93 per 14.2-kg cylinder. LPG distributors expect the price of LPG cylinder to increase further after the rollout of the Goods and Services Tax (GST). Price of Aviation Turbine Fuel or jet fuel was increased by over Rs 293 per kilo litre in the wake of firming worldwide prices of crude oil. Read More

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Essex Property Trust, Inc. (NYSE:ESS) Under Analyst Spotlight

The transaction was disclosed in a legal filing with the SEC, which is available at this link . Essex Property Trust, Inc .'s (ESS) witnessed a gain of 0.33% in recent trading period with closing price of $ 232.35. TheStreet downgraded Gramercy Property Trust from a "buy" rating to a "hold" rating in a research note on Tuesday, October 11th. BMO Capital Markets restated a "hold" rating and set a $238.00 price target on shares of Essex Property Trust in a report on Thursday, February 2nd. Read More

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Syrian army captures Palmyra's ancient citadel

As a result, Palmyra is now "at a stone throw" from the Syrian Army, which is rapidly advancing towards the city, the commander added. Syrian forces loyal to Syrian President Bashar al-Assad are now reportedly within a few kilometres of the west of the city, state media and activists said on Wednesday (1 March). Read More

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Dow passes 21000 after Trump speech to Congress

The president also said he would seek to boost defence spending by $54bn (£43bn), a 10% rise, in his proposed budget plans for 2018. The large-cap S&P 500 Index rose 36.22 points, or 1.4%, to 2,395.96 on Wednesday. In the United Kingdom, engineering firm Meggitt is leading the gainers, up 14% after posting a revenue increase for 2016. Kroger fell 95 cents, or 2.8 percent, to $32.35, while Whole Foods Market dipped 44 cents, or 1.4 percent, at $31.22. Read More

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Welcome to 2017, home of the pizza-ordering shoe

Welcome to 2017, home of the pizza-ordering shoe

The shoes themselves don't do the ordering, but rather connect with a special "Pie Tops" app to place a pre-designated order. The default order is a large supreme pizza, but users can also submit specialty orders. Pizza Hut is changing the sneaker pizza game (is that even a thing?) as they have created a new shoe that they're calling the "Pie-Tops". The shoes are high tops, but Pizza Hut refers to them as Pie Tops, and Grant Hill is onboard to show them off. Read More

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United States stocks surge; Dow marks first time above 21000 points

United States stocks surge; Dow marks first time above 21000 points

The Dow closed at record levels on Monday, marking 12 consecutive winning days, the longest streak since 1987. The major US stock indexes edged lower in early trading Monday, pulled down primarily by a slide in phone companies. The tiny gains came after an indecisive day for USA stocks that sent indexes wavering between small gains and losses. "In terms of percentage moves, the move in 1999 was much larger, " said Ryan Detrick, a senior market strategist with LPL Financial. Read More

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Bank of Montreal Q1 Income Rises 30%

Bank of Montreal Q1 Income Rises 30%

Barclays PLC lifted their price objective on Bank of Montreal from C$77.00 to C$82.00 in a report on Wednesday, December 7th. The average stock price target is $74.06 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 15 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell. Read More

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Active Volume Stock: General Electric Company (NYSE:GE)

Active Volume Stock: General Electric Company (NYSE:GE)

Catamount Wealth Management raised its position in shares of General Electric Company by 34.8% in the second quarter. Since the beginning of the calendar year, the stock is -4.91%. Emerson Electric Company had a return on equity of 24.26% and a net margin of 8.50%. The firm's revenue for the quarter was down 2.4% compared to the same quarter a year ago. Read More

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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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