Finance

Stocks Rally After Fed, Euro Gains on Dutch Polls: Markets Wrap

Stocks Rally After Fed, Euro Gains on Dutch Polls: Markets Wrap It touched a high of $1.0740 Wednesday. Fed funds futures have priced in a 95 percent chance the Fed will nudge rates higher on Wednesday. The dollar rebounded slightly on Thursday, reversing its initial reaction to the Federal Reserve's signals for two more rate hikes this year and making up ground against what had been a surging euro. [Full Article...]

Amgen, Inc. Shares Plunge As Cholesterol Drug Not As Effective As Hoped

The study was funded by Amgen, the drug company that makes evolocumab. Dr. Steven Nissen, chief of cardiology at Cleveland Clinic, who was not involved in this study but has led other Repatha trials, said expectations for more dramatic results were unrealistic. [Full Article...]

Russian Federation denies official involvement in 'any' cybercrimes

Russian Federation denies official involvement in 'any' cybercrimes Department of Justice said on Wednesday. They "protected, directed, facilitated and paid criminal hackers" to break into Yahoo's servers and "steal information including information about individual users and private contents of their accounts ", says Mary McCord, Acting Assistant Attorney General. [Full Article...]

10 hurt in Etna crater 'explosion' (3)

10 hurt in Etna crater 'explosion' (3) The injured people are recovering in nearby hospitals, according to La Repubblica, but they are not thought to be seriously hurt. BBC correspondent Rebecca Morelle described the incident as " extremely scary " but confirmed everyone was ok, despite some people receiving " cuts, bruises and burns ". [Full Article...]

Florida officials narrowly rescue jet skiers from oncoming cruise ship

Florida officials narrowly rescue jet skiers from oncoming cruise ship One of the women fell from the jet ski, the sheriff's office explained on Facebook . "I've had some close calls with small pleasure boats", he said. In terms of the arrest, the state of Florida grants extended maritime jurisdiction to the Brevard County sheriff's office- and law enforcement agencies at other state ports - to pursue charges in suspected crimes reported out to sea, including worl... [Full Article...]

Pandora debuts premium on-demand music tier

Pandora debuts premium on-demand music tier Pandora hopes this new tier of service helps strengthen its position in the competitive music streaming market. Even though Pandora , may be late to the streaming game, the company now has a monthly user base of 80 million with the hope of increasing it with new on-demand services. [Full Article...]

Ackman dumps Valeant stake hours after being squeezed on Herbalife

Ackman dumps Valeant stake hours after being squeezed on Herbalife The stock's price-to-book ratio is 1.36. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.70 on scale of 1-5. Annual EPS Growth of past 5 years is 12.66%. (NYSE: VRX ) where Morgan Stanley provided Equal-Weight rating on the stock on 15-Dec-16. VRX is down -20.8% over the last three months and down -56.4% over the last six months. [Full Article...]

Wait and see: Stock indexes mixed ahead of a jam-packed week

A drop in unemployment, more people seeking jobs and a rebound in wage growth were other upbeat aspects of the report that economists at these top banks reckoned give the Fed a green light to raise rates by a quarter point, to 0.75-1.00 percent. [Full Article...]

British PM's hand moves closer to Brexit trigger

The Scottish National Party leader told a press conference in Edinburgh on Monday morning that Britain's imminent exit from the European single market gives her the mandate to give Scots another chance to vote on independence. And he said that the Bill was ONLY about triggering Article 50 and starting Brexit talks - not about anything else - and voters wanted them to "get on with the job in hand w... [Full Article...]

Gordmans files for bankruptcy, plans to liquidate

Gordmans files for bankruptcy, plans to liquidate It listed a $131 million debt in its Chapter 11 papers filed Monday in federal court. "These trends have directly affected the Debtors' sales and operations". Gordmans posted losses in five of its last six quarters. According to the World Herald, Gordmans said in the court filings that liquidating "substantially all or substantially all of the debtors assets offered the best available alternativ... [Full Article...]

OPEC, shale seek a truce

OPEC, shale seek a truce The oil bears continue to rule the roost globally as the USA shale oil sector threatens the OPEC production cap accord, and the looming Fed rate rise unsettles investors at all levels. The latest COT data recorded a small decline in net, non-commercial long crude oil positions, but net longs still amounted to over 375,000 contracts compared with a 12-month high of over 413,000 and low below 87,000... [Full Article...]

US Mortgage Rates Hit 2017 High in Early March

US Mortgage Rates Hit 2017 High in Early March That share was a more manageable 7.7% last week, and the 27-year history has the ARM share at 13.9%. The 15-year fixed-rate average climbed to 3.42 percent, compared to 3.32 percent a week ago and 2.96 percent a year ago. US mortgage rates rose to the highest level in 2017 ahead of a Federal Reserve meeting that will decide the direction of short-term interest rates. [Full Article...]

HSBC Securities Reiterated Exxon Mobil (NYSE:XOM) As 'Hold'

HSBC Securities Reiterated Exxon Mobil (NYSE:XOM) As 'Hold' Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Its Executive Officer Ortwein Sara N sold 5,000 company shares for 454400, in a transaction on 2016-12-15. Stockholders of record on Thursday, February 9th were given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, February 7th. [Full Article...]

Ulta Beauty, Inc. (NASDAQ:ULTA) To Report Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) To Report Earnings Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, March 9th. The company's stock is publicly traded on Nasdaq under the stock symbol ULTA and its net sales in 2015 totaled nearly $4 billion. Home Depot's net earnings for Q4 2016 were $1.7 billion, or $1.44 per diluted share, contrast with net earnings of $1.5 billion, or $1.17 per diluted share, in the same pe... [Full Article...]

Two die from injuries at rally to support Park Geun Hye

Two die from injuries at rally to support Park Geun Hye Then, she went on to lay out each of the charges against Park Geun-hye. There have been angry scenes outside the court. While Park promoted the agreement, the last few months of her term have seen bilateral tensions spike over the issue. [Full Article...]

Tesla battery packs power the Hawaiian island of Kauai after dark

Tesla battery packs power the Hawaiian island of Kauai after dark Tesla is also using SolarCity expertise and its own Powerpacks to power nearly the entire American Samoan island Ta'u with solar energy. Tesla is also powering almost the entire island of Ta'u in American Samoa with solar power and its Powerpacks. [Full Article...]

Tesla to the Rescue? Elon Musk Offers Solution for Australian Blackouts

Tesla to the Rescue? Elon Musk Offers Solution for Australian Blackouts Rive said that Tesla could install as much as 300 megawatts of grid-scale battery storage in 100 days and the technology would come with a price tag of around $66 million per 100 megawatts. The Powerwall Two units - $10,000 installed in Australia - could be stacked larger households or businesses, up to nine in each stack, carrying about a 126KWh of capacity. [Full Article...]

Facebook scores deal to stream MLS matches

Facebook scores deal to stream MLS matches At least 22 MLS regular season matches set to be broadcast on Univision will also be live streamed on Facebook in English via the Univision Deportes Facebook page , starting with a game between Atlanta United and the Chicago Fire on March 18. [Full Article...]

Marathon Petroleum Corp (NYSE:MPC) & Adobe Systems Incorporated (NASDAQ:ADBE) News Recap

Marathon Petroleum Corp (NYSE:MPC) & Adobe Systems Incorporated (NASDAQ:ADBE) News Recap Global X Management Co. 2 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. The company's institutional ownership is monitored at 83.8 percent. Marathon Petroleum Corp's dividend payout ratio (DPR) is 65.16%. The correct version of this report can be read at https://www.com-unik.info/2017/03/09/westwood-holdings-group-inc-has-3255000-position-... [Full Article...]

Edward Jones named one of the top places to work

Edward Jones named one of the top places to work The "100 Best Companies to Work For" list included Wegmans for the 20th consecutive year. "They are working to build Great Places to Work For All, which are better for business, better for people and better for the world". The survey shows Wegmans employees ranked the company at 96 percent or higher for having great bosses, challenges, atmosphere, rewards, pride and communication. [Full Article...]


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