Finance

United Kingdom construction PMI suffers slowdown in January

The U.S. manufacturing purchasing managers' index compiled by Markit rose to 55.0 from 54.3 in December and an earlier "flash" reading of 55.1. "There were more positive trends in terms of staff hiring and business optimism regarding the year-ahead outlook", Markit economist Tim Moore said. [Full Article...]

Reliable stocks in today's share market: Marathon Oil Corporation (NYSE:MRO)

Reliable stocks in today's share market: Marathon Oil Corporation (NYSE:MRO) Raymond James Financial, Inc. raised Marathon Petroleum Corporation from an "outperform" rating to a "strong-buy" rating and boosted their price target for the stock from $47.00 to $54.00 in a research report on Monday, October 31st. An ROI of -7.50% for Marathon Oil Corporation evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. [Full Article...]

White House: Iran 'on notice' for ballistic missile tests

But the national security adviser did describe the Obama administration-brokered nuclear deal as "weak and ineffective". "The missiles are not part of the nuclear accords", Mr Zarif added. He said council members had "very significant concern about the ballistic missile launch, which has now been confirmed". Iran launched a medium range Kohrramshahr missile, capable of causing mass devastat... [Full Article...]

Mexican President Enrique Peña Nieto cancels meeting with Trump via Twitter

Mexican President Enrique Peña Nieto cancels meeting with Trump via Twitter U.S. House Speaker Paul Ryan (R-Wis.) said that the U.S. would pay for the wall in an interview on MSNBC Wednesday. 25 that he intends to follow through with his plan to build a wall on the U.S. Trump tweeted furiously Thursday morning, suggesting that if Mexico was unwilling to pay for the wall , the scheduled meeting should be cancelled. [Full Article...]

DA Davidson Downgrades the shares of Ixia (NASDAQ:XXIA) to Neutral

DA Davidson Downgrades the shares of Ixia (NASDAQ:XXIA) to Neutral Keysight said that Ixia shareholders will receive $19.65 per share in cash, a price that reflects a "premium of approximately 45 percent to Ixia's unaffected closing stock price on December 1, 2016, the last trading day prior to media reports that Ixia was considering strategic alternatives, and a premium of approximately 38 percent to the Ixia's unaffected 52-week high closing stock pric... [Full Article...]

Pfizer falls short of earnings forecast, shares fall pre-market

Pfizer falls short of earnings forecast, shares fall pre-market Some buy side analysts are also providing their Analysis on Pfizer Inc., where 1 analysts have rated the stock as Strong buy, 11 analysts have given a Buy signal, 11 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. [Full Article...]

Analysts At FBR & Co. Reiterated Enbridge Energy Partners (NYSE:EEP) As Outperform

Analysts At FBR & Co. Reiterated Enbridge Energy Partners (NYSE:EEP) As Outperform The stock hit its 52-week high price on 01/12/17, and 52-week low price on 02/11/16. The stock traded with the volume of 1.55 Million shares yesterday. Within this article: Details on the planned acquisition and one of Enbridge Energy Partners' most wide-ranging, closely watched projects. The stock stands almost $5.46 off versus the 52-week high of $26.37 and $6.64 above the 52-week low of $14.27. [Full Article...]

United Parcel Service, Inc. (NYSE:UPS) Could Gain from Improving American Economy

United Parcel Service, Inc. (NYSE:UPS) Could Gain from Improving American Economy Stock has got outperform rating from 2 analysts of Thomson Reuters whereas 3 analysts given hold rating to the stock. United Parcel Service Inc .is a package delivery company. 03/24/2016 - United Parcel Service, Inc . had its " rating reiterated by analysts at UBS. Deutsche Bank AG initiated coverage on United Parcel Service in a research report on Wednesday, November 2nd. [Full Article...]

Booz Allen misses 3Q profit forecasts

Earnings, adjusted for amortization costs, were 38 cents per share. EXPLORER COINVEST LLC sold 16,660,000 shares in the company at $36.52 each and collected $608,423,000 in proceeds. The 9 analysts offering 12-month price forecasts for Booz Allen Hamilton Holding Corp have a median target of 40.00, with a high estimate of 44.00 and a low estimate of 36.00. [Full Article...]

Deutsche Bank fined over Russian money laundering

Deutsche Bank (DB) was fined £163 million ($203 million) by Britain's financial watchdog, its largest ever, over so-called "mirror trades" that allowed customers to potentially launder money from Russian Federation. Meanwhile, the highest-profile probe into the case is still in progress, launched by USA federal prosecutors leading a criminal investigation on the failure of the bank's internal... [Full Article...]

Survey cuts FY17 growth to 6.5%, urges lower tax

The Economic Survey is equally optimistic about the prospects of a recovery as it assumes that the contractionary impact of demonetisation will be restored by the year end when the currency is circulation will match demand for it. "In stark contrast, there continues to be divergence within India or an aggravation of regional inequality", said the survey. Based on a study of misallocation of re... [Full Article...]

Ocado reports strong sales but fails to deliver overseas deal

Ocado reports strong sales but fails to deliver overseas deal The group, founded in 2000, only managed to turn its first profit before tax in 2015. "Ocado's positive results are a clear indication that the brand has become the busy shoppers best friend and the other supermarkets really need to sit up and take note", Martin Lane, managing editor of www.money.co.uk said. [Full Article...]

Iwobi Scores As Watford Shock Arsenal; Ndidi, Musa Fall With Leicester

Arsenal now sit in second spot in the Premier League standings. They were shown the exit door by Millwall in the FA Cup , and they have not won a single game after their win over Everton on December 10 a year ago. The German formed a solid partnership in the center of the defence alongside Laurent Koscielny, adding some much-needed steel to the Arsenal backline. [Full Article...]

Trump's immigration reform: High-skilled visas may be next

Trump's immigration reform: High-skilled visas may be next While activists, including cabbies (mostly immigrants) jammed terminals in NY and Washington airports in protest, Silicon Valley and Hollywood elites berated the Trump administration, standing up for America's tradition of welcoming immigration and benefiting from it. [Full Article...]

Oppo launches A57 smartphone in India

Oppo launches A57 smartphone in India The device is priced at 1,599 Yuan (approx Rs. 16,000) and packs decent specifications. Oppo which calls its phones as selfie expert has lunched yet another front camera focussed A57 smartphone in India on Tuesday. The primary camera is made up of the 13-Megapixel sensor along with f/2.2 aperture, PDAF and LED flash. At the back, the 13MP rear camera uses a Sony IMX258 sensor paired with... [Full Article...]

Brokerages mixed on Colgate-Palmolive post Q3 numbers

The stock was sold at an average price of $66.78, for a total transaction of $472,268.16. Analyst's mean target price for NCOM is $33.88 while analysts mean recommendation is 3.00. The ratio increased, as 34 funds sold all CL shares owned while 465 reduced positions. The company reported $0.75 EPS for the quarter, meeting the Zacks' consensus estimate of $0.75. [Full Article...]

Ford Motor Company (NYSE:F) Under Analyst Spotlight

Ford Motor Company (NYSE:F) Under Analyst Spotlight The stock is showing its Operating Margin of 2.7 percent. Hudock Capital Group LLC increased its position in Ford Motor Company by 0.8% in the third quarter. The company had revenue of $38700.00 million for the quarter, compared to analysts expectations of $34892.87 million. The analysts offering Earnings Estimates for the company were believing that Ford Motor Co. [Full Article...]

Guinness Opening Its First US Brewery In 60 Years

County officials and Diageo, the company that produces Guinness and other spirits, said the brewery will be built in Relay as part of the company's $50 million investment, which will also create up to 70 new jobs. "The €25 million investment in this project over three years will support the local economy, create jobs, and bring a welcome new addition to the city's tourism offering". [Full Article...]

Teva Pharmaceutical Industries Ltd (ADR) (TEVA) is Upgraded by BofA/Merrill to " Buy"

Earlier this month, Teva said it expected Copaxone to have sales of $3.8 billion to $3.9 billion in 2017, if there were no new generic competitors. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. If the $31.11 price target is reached, the company will be worth $2.01B less. [Full Article...]

President Trump replaces acting director of ICE

President Trump replaces acting director of ICE According to Kelly, Homan has almost 30 years of immigration enforcement experience, including service in NY police, US Border Patrol, US Immigration and Naturalization Service and other agencies. The commendation hints at Trump's reasoning for selecting Homan and the possibility that the President is inching toward another campaign goal: kicking more than 11 million people out of the United State... [Full Article...]


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