Money

Oil price hits $71 per barrel for first time since 2014

Oil price hits $71 per barrel for first time since 2014 US crude stockpiles have been dropping, underscoring the idea that global supply is rebalancing after a glut. The index continued to fall Thursday but when news of Trump's comments broke, it moved higher (http://www.marketwatch.com/story/dollar-erases-loss-after-trump-says-currency-will-get-stronger-and-stronger-2018-01-25). [Full Article...]

December New Home Sales Hit the Brakes

December New Home Sales Hit the Brakes New-home listing inventory was 295,000-5.7-months supply. November's sales pace was revised down to 689,000 units, still the strongest performance since July 2007, from the previously reported 733,000 units. This represents a supply of 5.7 months at the current sales rate. After reporting a sharp increase in US new home sales in the previous month, the Commerce Department released a report on ... [Full Article...]

Investors Jumping Ship on elf Beauty, Inc. (ELF), Southwest Airlines Co. (LUV)

Investors Jumping Ship on elf Beauty, Inc. (ELF), Southwest Airlines Co. (LUV) The investor is now holding $36.59 million shares due in part to a decrease of 1.41 million new shares in their portfolio. Vetr upgraded shares of Southwest Airlines from a "hold" rating to a "buy" rating and set a $65.42 target price for the company in a report on Thursday. [Full Article...]

GE under investigation from USA regulator after $6.2bn charge

GE under investigation from USA regulator after $6.2bn charge Since August 17, 2017, it had 0 insider buys, and 5 selling transactions for $4.92 million activity. Its down 0.10, from 0.79 in 2017Q2. Other hedge funds and other institutional investors have also bought and sold shares of the company. The company has an average rating of "Hold" and an average target price of $22.53. The firm has "Hold" rating by Mizuho given on Thursday, October 26. [Full Article...]

Intel earnings expected to weather the Meltdown and Spectre

Intel earnings expected to weather the Meltdown and Spectre Intel reported record revenue of $17.1 billion in the final three months of past year and said its annual revenue hit an unprecedented high of $62.8 billion. Another trade for 30,000 shares valued at $1.35 million was sold by YOFFIE DAVID B. On Monday, October 30 the insider BRYANT ANDY D sold $3.99 million. [Full Article...]

Why Did Facebook Just Buy This Company That Verifies Government-Issued IDs?

Why Did Facebook Just Buy This Company That Verifies Government-Issued IDs? The new technology tools of Confirm .io will help Facebook boost those efforts. Based in Boston, the startup is just three years old, but has made a name for itself with its mobile-based, biometric ID verification technology, which uses facial recognition to verify end users' government-issued identity documents. [Full Article...]

As Trump is cold-shouldered by politicians, business warms to him

As Trump is cold-shouldered by politicians, business warms to him But the foreign minister emphasized that for sustained diplomatic progress to be made beyond the Olympics, North Korea needs to recognize its stance on nuclear weapons is "unacceptable " and has "to move away from that course. The US President sought to build bridges with the Prime Minister in their first meeting since a diplomatic row over his re-tweeting of Britain First posts . [Full Article...]

Trump to release legislative framework on immigration

Trump to release legislative framework on immigration Asked if Trump's framework has a chance of passage in the House, Sanders replied, "We'd certainly like to think so". In exchange, Trump said he is seeking $25 billion to build a border wall, one of the main pledges of his 2016 presidential campaign, plus an additional $5 billion in other border security measures including electronic surveillance and extra border agents. [Full Article...]

Facebook promotes two-question survey to gauge user's trust

Facebook promotes two-question survey to gauge user's trust The social network said Thursday that it's overhauling the news feed prioritize posts from family and friends, as opposed to ones from brands and publishers. BuzzFeed has obtained a copy of the two-question survey that Facebook would put in front of the people. Do you recognize the following websites? Moreover, the simplicity of the survey has sparked negative comments and some supporti... [Full Article...]

Tesla is slipping after reports of a Model S crashing under autopilot

Tesla is slipping after reports of a Model S crashing under autopilot The agency will focus on "driver actions and how the vehicle performed" when assessing the case. The US National Transportation Safety Board is now gathering information about the accident, according to a Bloomberg report . The system monitors whether a driver is paying attention using a small camera on the top of the steering wheel column to track head position. In 2016, the NTSB investigate... [Full Article...]

LG washing machine price hike confirmed after Trump's import tariff

LG washing machine price hike confirmed after Trump's import tariff As a consumer, if you are sold on buying an LG or Samsung washer, you most likely will pay more, but if you prefer to buy American you could find significantly better prices. "We will meet the demands if more dryers are needed at our Marion plant", Spira said. But by the time penalties were levied, both had moved production to China. [Full Article...]

New South Wales train workers order to call off strike

New South Wales train workers order to call off strike It also threatened "to cause significant damage to the economy of Sydney - the largest and most economically important city in Australia". Earlier today we spoke to a Sydney Train driver to hear his perspective on the current situation. [Full Article...]

Tesla CEO will only be paid if firm meets goals

Tesla CEO will only be paid if firm meets goals If Tesla hits the US$ 650 billion valuation target, his stake would be worth US$184 billion, making him easily the world's richest man. Mr Musk could earn more than $US70b ($F140b) in incremental compensation through the deal, Jonas estimated. [Full Article...]

UK employment hits new record

UK employment hits new record Chris Williamson, chief business economist at IHS Markit, said the figures showed the United Kingdom labour market displayed signs of strength late previous year, with employment rising and pay growth "creeping higher". Nonetheless, the increase in annual earnings lags behind inflation. The inactivity rate fell to a record low 21.2 percent in the three months to November. [Full Article...]

Texas Instruments (TXN) PT Raised to $110.00 at Nomura

Texas Instruments (TXN) PT Raised to $110.00 at Nomura Texas Instruments now has $118.16 billion valuation. The stock increased or $0 during the last trading session, hitting $. The stock traded on impressive volume of 4.36 Million comparing to the average volume of 3816.09 shares, completing picture of exact trends with uncompleted dots in volume over the norm. [Full Article...]

JDI transparent glass fingerprint scanner could come to phones

JDI transparent glass fingerprint scanner could come to phones We've been hearing about the Vivo X20 Plus UD for a while, and it recently passed through China's TENAA certification website . The unimaginative name betrays this new giant's close connection to the X20 Plus , although the ambitious Chinese maker of the two "FullView" handsets appears to suggest there are two 13MP cameras slapped on the UD's back instead of a 13 and 5-megapixel lens co... [Full Article...]

Intel Halts Chip Flaw Fix Due To Problem With Patches

Intel Halts Chip Flaw Fix Due To Problem With Patches However, Intel has yet to directly address similar issues affecting both older and more recent processors than the Broadwell and Haswell families, namely Ivy Bridge, Skylake, Kaby Lake, and Coffee Lake generations. Intel has come under fire for its seemingly slow response to Meltdown and Spectre, and for the poor quality of its latest fix. It is widely assumed the Spectre and Meltdown patch... [Full Article...]

Kimberly-Clark to use savings from tax cuts to pay for layoffs

Kimberly-Clark to use savings from tax cuts to pay for layoffs The Company's Personal Care segment offers various solutions and products, such as disposable diapers, training and youth trousers, swimpants, baby wipes, feminine and incontinence care products, and other related products. The rating was maintained by RBC Capital Markets with "Hold" on Wednesday, September 20. Jlb And Associates accumulated 0.64% or 22,392 shares. Jefferies maintained the stock w... [Full Article...]

Comcast Corporation (CMCSA) Q4 Earnings Top Expectations Despite Lower TV Subscribers

Comcast Corporation (CMCSA) Q4 Earnings Top Expectations Despite Lower TV Subscribers About 3.58 million shares traded. Comcast (NASDAQ: CMCSA ) last announced its quarterly earnings data on Wednesday, January 24th. It has outperformed by 12.26% the S&P500. First Bank & Trust increased its holdings in shares of Comcast by 84.9% during the second quarter. Hexavest invested 0% of its portfolio in Comcast Corporation (NASDAQ: CMCSA ). [Full Article...]

Comparing United Continental Holdings, Inc. (UAL) and American Airlines Group Inc. (AAL)

Comparing United Continental Holdings, Inc. (UAL) and American Airlines Group Inc. (AAL) The stock exchanged hands with a volume of 5.12 million shares compared to its standard daily volume. Analyst research firms are expressing bullish stance on United Continental Holdings, Inc. Van Oene Mark had sold 1,250 shares worth $259,013 on Thursday, October 12. 49,831 were reported by Aviva Public Limited Co. Blair William And Il holds 18,674 shares or 0% of its portfolio. [Full Article...]


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