Money

Sebi bars Reliance Industries from equity derivative market for a year

Sebi bars Reliance Industries from equity derivative market for a year

In a 54-page order passed by Whole-Time Member G Mahalingam, RIL and 12 other entities have been prohibited from dealing in the "equity derivatives in the F&O segment of stock exchanges, directly or indirectly". In a statement, Reliance Industries said it is in the process of consulting its legal advisers. The Reliance Industries group had earlier sought settling the case, but Sebi had refused. Read More

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Insider Trading at Occidental Petroleum Co.?

Insider Trading at Occidental Petroleum Co.?

The stock was bought at an average price of $62.72 per share, for a total transaction of $940,800.00. Earlier the firm had a rating of Neutral on the company shares. The firm's revenue for the quarter was down.6% compared to the same quarter past year. Equities analysts forecast that Occidental Petroleum will post $1.13 EPS for the current fiscal year. Read More

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Trump tax cut doubts hit stocks, lift yen vs. dollar

Trump tax cut doubts hit stocks, lift yen vs. dollar

The dollar index, which measures the greenback against a basket of six major currencies , was little changed at 99.757. In overseas trading overnight, the dollar plunged below ¥111 for the first time in about four months on the back of increasing uncertainties over the course of fiscal and economic policies of the administration of U.S. Read More

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A Chinese company just bought 21 percent of SeaWorld stocks

A Chinese company just bought 21 percent of SeaWorld stocks

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and SeaWorld Entertainment wasn't one of them! Zhonghong Group will pay Blackstone $23 a share, SeaWorld announced Friday. MAKING A SPLASH: SeaWorld Entertainment jumped after a big investment from China. Zacks Investment Research raised SeaWorld Entertainment from a strong sell rating to a hold rating in a report on Friday, March 3rd. Read More

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Movers Stock Analysis- Cerulean Pharma Inc (NASDAQ:CERU), SUPERVALU INC. (NYSE:SVU)

Movers Stock Analysis- Cerulean Pharma Inc (NASDAQ:CERU), SUPERVALU INC. (NYSE:SVU)

Relative strength index (RSI-14) for Cerulean Pharma Inc. The RSI oscillates between zero and 100. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. Read More

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Chief Constable statement on Westminster attack

Detective Owens said she was stunned at the attack and saddened by the death of Mr. Palmer, 48, whom she described as a good man and a good friend during their army days. In a statement in the House of Commons today, the Prime Minister said PC Palmer was "every inch a hero and his actions will never be forgotten". A loving son, brother and uncle. Read More

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Local officials react to defeat of GOP health care plan

With the Republican replacement for the Affordable Care Act, or Obamacare, seemingly on life support Friday ahead of a postponed vote in the House, the blame game kicked into high gear in Washington , D.C. But, Obama says, "we should start from the baseline that any changes will make our health care system better, not worse for hardworking Americans". Read More

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Westwood Holdings Group Inc. Buys 18654 Shares of Accenture Plc

Parkside Financial Bank & Trust now owns 945 shares of the company's stock valued at $115,000 after buying an additional 33 shares during the last quarter. ILLEGAL ACTIVITY NOTICE: This piece of content was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 18.72. Read More

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Need to pass GST bills in current session: Arun Jaitley

Need to pass GST bills in current session: Arun Jaitley

This rule restricts cash transaction at Rs 2 lakh per person per day per event, which will mainly affect all traders and businessmen who deal in cash. Deepender Hooda of Congress said the government should have brought a separate bill on transparency in electoral funding as amendment to the RBI Act was "consequential" and not "incidental". Read More

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Nifty closes above 9100; banking stocks shine

Nifty closes above 9100; banking stocks shine

The rupee traded marginally higher against the US dollar at 65.45, as the greenback declined in value following reports said that US President Donald Trump's healthcare Bill had been delayed. India's largest mobile phone operator late Thursday said it will acquire Tikona Digital Networks 4G business for about $245 million. Top losers in the Sensex-30 pack: Infosys (down 1.4 per cent), TCS (down 1.2 per cent), Lupin (down 0.9 per cent), Bajaj Auto (down 0.9 per cent) and ONGC (down 0.8 per ... Read More

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SEAT confirm new big SUV based on the Skoda Kodiaq by 2018

SEAT confirm new big SUV based on the Skoda Kodiaq by 2018

Following the successful launch of the award-winning Ateca a year ago, and the upcoming launch of the smaller Arona, the Spanish carmaker will further expand their offering with the launch of a third SUV in 2018. The Kodiaq is now our favourite large SUV, so as a basis for Seat to work from, there's nothing better. The new SUV will be built in Wolfsburg, Germany, the home of SEAT's parent Volkswagen. Read More

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Mulayam kin meet UP CM Yogi Adityanath

Mulayam kin meet UP CM Yogi Adityanath

The meeting between CM Yogi Adityanath and Aparna-Prateek lasted for about 30 minutes with. Meanwhile this is not the first time that Mulayam Singh's choti bahu , Aparna has been hobnobbing with a top BJP leader. "She is evaluating the reasons at the moment", said a close friend. Earlier she was in the news for clicking a selfie with Prime Minister Narendra Modi. Read More

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S&P, Nasdaq flat as investors focus on healthcare bill

S&P, Nasdaq flat as investors focus on healthcare bill

Stocks didn't get killed today, so I guess we should be thankful for small victories. Trump faced his biggest political test yet convincing fellow Republicans to repeal Obamacare. The S&P 500 is trading at about 18 times forward earnings estimates against the long-term average of 15, according to Thomson Reuters data. At 12:21 p.m. Read More

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Trump administration to approve Keystone XL pipeline

Trump administration to approve Keystone XL pipeline

June 2009: TransCanada announces it will buy ConocoPhillips's stake in Keystone. "The fight over Keystone XL is not over". That decision could have severe impacts to the environment, scientists say. But Obama adopts an increasingly negative tone. Quartz Media added that for the first one to two years of the creation of the Keystone XL pipeline, there would likely be around 3,900 full-time positions available. Read More

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PVH up 7% as it beats in Q4, extends buyback

PVH up 7% as it beats in Q4, extends buyback

University of MI professor and noted insider trading researcher, Nejat Seyhun, discovered that when insiders bought shares of their own companies, the stocks outperformed the total market by 8.9% over the following year while when they sold shares, the stock underperformed 5.4% over the same period. Read More

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Next Weeks Broker Price Targets For Aurinia Pharmaceuticals Inc (AUPH)

Next Weeks Broker Price Targets For Aurinia Pharmaceuticals Inc (AUPH)

If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Currently, EPS of Aurinia Pharmaceuticals Inc . The high and low revenue estimates for the current quarter are $40000 and $40000, respectively. The year ago sales the company reported in the same quarter is 57 Million. Read More

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Stock for Your Case: Antero Resources Corporation (AR)

Stock for Your Case: Antero Resources Corporation (AR)

It is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. Blackrock has 0% invested in Eclipse Resources Corp (NYSE: ECR ). Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be. Read More

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Trump is taking credit for yet another company's old jobs announcement

Trump is taking credit for yet another company's old jobs announcement

Updated: As Carl Quintanilla notes , the commitments from Charter are actually from a year ago , as part of its run to get approval for its takeover of Time Warner Cable. Trump has a history of re-announcing hirings and investments that have always been in the works when he meets with corporate executives. Kathleen Mayo, Charter's executive vice president for customer operations, said that the McAllen center will open next month and that the company has hired a bilingual general manager ... Read More

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Renaissance Technologies LLC Lowers Position in Conagra Brands Inc (CAG)

These price targets are a consensus analysis of 13 brokers. UBS Initiates Coverage On the company's stock to Neutral on 11/14/16 with no specific Price Target. For the FY 17, Conagra Brands expects the adjusted earnings per share to be at or slightly above the high-end of the $1.65 to $1.70 range. The (Simple Month Average) SMA20 is at -0.19 percent, its SMA50 Value is 2.64% and SMA200 value is reported as 9.86 Percent. Read More

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One Stock Analysts Are Watching - Duke Realty Corporation (NYSE:DRE)

One Stock Analysts Are Watching - Duke Realty Corporation (NYSE:DRE)

Shares of Duke Realty Corp (NYSE:DRE) opened at 25.65 on Monday. The 52-week high of Realty Income Corp is $72.295 and the 52-week low is $52.72. The stock now has a Market Cap of $3.82B. for the previous quarter, Wall Street now forecasts 22.22% EPS growth. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Kimco Realty Corp during the second quarter worth approximately $532,000. Read More

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New Home Sales Increased Again In February

Regionally, sales in the Northeast fell 21.4% to a rate of 33,000 but remained 13.8% ahead of last Februrary's pace. That marked the second-strongest month since the housing-market expansion began in 2012. February's reading was the second-highest of the economic cycle. The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.24 percent this week, down from last week when it averaged 3.28 percent. Read More

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Delcath Systems, Inc. (NASDAQ:DCTH) Reports Consolidated EPS Of $

The stock volatility for week was 19.40% while for month was 16.15%.The stock, as of last close, traded 16.80% to its 52 week low and was changed -99.92% from its 52 week high. During the first quarter of fiscal 2017, the Company recorded a $1.1 million charge, net of tax of $0.7 million, or $0.05 per diluted share, for the immediate vesting of stock awards and certain other compensation related to the announcement of the retirement of Rick Coté, the Company's former Vice Chairman and Chief ... Read More

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Mortgage Rates Down, Though Home Prices Rise

Mortgage Rates Down, Though Home Prices Rise

Rates are national averages and do not include points. The majority of panelists, 55 percent, expect mortgage rates will remain more or less unchanged over the next seven days. Cambridge private lenders also provide debt consolidation services and business investing loans that help individuals achieve their entrepreneurship goals. Read More

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Cliffs Natural Resources Inc. (CLF) Institutional Ownership stands at 49

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Currently, Cliffs Natural Resources is a Zacks Rank #3 (Hold) in the Mining - Iron industry that ranks in the top 4% of our Zacks Industry Rank. Vetr upgraded shares of Cliffs Natural Resources from a "sell" rating to a "hold" rating and set a $9.01 target price on ... Read More

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GameStop Q4 revenues fall 13

GameStop Q4 revenues fall 13

GameStop today reported its earnings for the final quarter and the full 12 months of its 2016 fiscal year, which closed January 28th, and sales and profits are down across the board for the retail giant. These appear to be the primary reasons behind the company's lackluster performance during the quarter. A bright spot for GameStop in Q4 was the collectibles category, with sales up 28% Y/Y to $212M. Read More

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Indian mother, son found murdered in United States, probe launched

Indian mother, son found murdered in United States, probe launched

Narra Sasikala (38) of Vijayawada Wednesday Narra Hanumantha Rao from Thimmarajupalem in parchur mandal of Prakasam district more than 11 years ago and had been residing in America since then. He said that Sasikala and her son had been strangulated to death. This is the latest in a series of incidents involving Indian techies. Purinton allegedly yelled "go back to your country" at the Indian and his friend, at a bar, before opening fire. Read More

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NJ Transit Train Derails At Penn Station

NJ Transit Train Derails At Penn Station

NJ transit said there were minor injuries among customers and crew, but the train made it to the platform where everyone debarred safely. Amtrak is investigating the cause of the derailment, officials said. "What happened today was scary as hell", he added in a subsequent tweet. There were no immediate reports of serious injuries. Service on the Long Island Rail Road has not been affected. Read More

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Investors Targeted Stock: Walt Disney Company (NYSE:DIS)

Investors Targeted Stock: Walt Disney Company (NYSE:DIS)

Iger had originally planned to step down as Disney CEO in 2015, but has repeatedly extended his contract since then. He will remain as the chief executive and chairman until July 2019, when the company will hopefully find a successor. If Staggs had worked out, Iger would likely already be gone, but that's not the case. Mr. Iger's contract extension calls for his compensation in fiscal 2019 to be determined on the same basis as fiscal 2016, which ended October 1. Read More

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Oil Holds Near Four-Month Low, Pressuring OPEC

U.S. West Texas Intermediate (WTI) crude futures were up 18 cents, or 0.4 per cent, at $47.88 a barrel. The US Energy Information Administration (EIA) said on Wednesday that the country's crude inventories climbed by nearly 5 million barrels to 533.1 million last week, far outpacing forecasts for an increase of 2.8 million, Xinhua news agency reported. Read More

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