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Today's Brokerage Rating: American International Group, Inc. (AIG), Nutanix, Inc. (NTNX)

Today's Brokerage Rating: American International Group, Inc. (AIG), Nutanix, Inc. (NTNX) Maxim Group reiterated a buy rating and issued a $41.00 price objective on shares of Nutanix in a research note on Saturday, June 3rd. Analysts also noted that Nutanix is having to deal with higher DRAM-chip prices but is maneuvering through that challenge with software enhancements. [Full Article...]

Wall Street gains on reduced rate hike fears, Nasdaq breaks record

Wall Street gains on reduced rate hike fears, Nasdaq breaks record Initial claims for state unemployment benefits rose 1,000 to a seasonally adjusted 235,000 for the week ended August 25, the Labor Department said. UnitedHealth's 1.5% gain provided the biggest boost to the Dow. The US market digested some better than expected economic news and the Dow Jones added nearly 56 points, while health stocks led the S&P 500 higher. [Full Article...]

Texas Federal Court strikes down Obama-era overtime pay rule

Texas Federal Court strikes down Obama-era overtime pay rule A federal judge's decision on overtime brings relief to business owners, but it also paves the way for commonsense updating of worker pay standards. On Thursday, the judge struck it down permanently, saying in his ruling that the Labor Department improperly considered salaries rather than job descriptions to determine whether a worker should be eligible for overtime pay. [Full Article...]

Saab to tie up with Adani Group to build fighter jets

Saab to tie up with Adani Group to build fighter jets The partnership will compete with U.S. defence giant Lockheed Martin in a two horse-race to win a potential order from India's military for single-engine jets that will be produced locally under Prime Minister Narendra Modi's "Make-in-India" initiative. [Full Article...]

Palo Alto Networks Holding On To Strong Gain In Afternoon Trading

Palo Alto Networks Holding On To Strong Gain In Afternoon Trading PANW shares are up 8.2% higher to trade at $143.42. Analysts predict that Palo Alto Networks will post $3.27 EPS for the current fiscal year. It has underperformed by 77.36% the S&P500. September 1 investment analysts at Deutsche Bank made no change to the stock rating of "Market Perform" and moved down the price target from $196.00 to $160.00. [Full Article...]

Sushma Swaraj Meets Sri Lankan President Sirisena, Discusses Bilateral Ties

Sushma Swaraj Meets Sri Lankan President Sirisena, Discusses Bilateral Ties In view of the increasing Chinese influence in the Indian Ocean Region , India is lobbying hard for a consensus among other countries of the region to support India. India Foundation, a Delhi-based think tank in collaboration with Rajaratnam School of International Studies (RSIS), Singapore, and National Institute of Fundamental Studies (NIFS), Colombo has organized the Indian Ocean Confer... [Full Article...]

Celebrities raise millions for Harvey relief

Wal-Mart is launching a customer campaign with the American Red Cross to assist with Hurricane Harvey relief, matching customer donations 2 to 1 with cash and product donations of up to $10 million. The Red Cross needs blood donations in response to the disaster in Texas and Louisiana. Donations pay to support the mental health and health services professionals who support and care for evacu... [Full Article...]

Arrest made in growing California wildfire

Arrest made in growing California wildfire And one of them was on the western flank of the Railroad Fire in Fish Camp, as the quad-engine tanker made drops almost double the size of the largest air attack planes previously available across the nation. It has also damaged power lines and closed roads north of Sacramento. A fire information line has been set up by Cal Fire at 538-7826. Firefighters made progress in surrounding a Northern... [Full Article...]

Korean court sentences S. Korean reporters, newspaper chairmen to death: KCNA

The book, titled " North Korea Confidential" in English, is based on interviews with North Korean defectors, traders, and diplomats, and depicts a growing market economy in which North Koreans enjoy access to South Korean TV shows and music, fashion, as well as Chinese and American films. [Full Article...]

False Reports of Gas Shortage Creates Mass Hysteria

False Reports of Gas Shortage Creates Mass Hysteria Officials continue to urge calm from residents as panic stemming from a rumored fuel shortage has led to long lines at stations across the state. "We've been driving for an hour looking for gas", he said outside a West Dallas 7-Eleven. "If you, on average, fill up your auto once every six days, but you go today and so does everybody else, that's six to seven times the demand on every gas station... [Full Article...]

The lululemon athletica inc. (LULU) Given "Buy" Rating at Instinet

The lululemon athletica inc. (LULU) Given It is negative, as 51 investors sold Lululemon Athletica inc . shares while 108 reduced holdings. 08/30/2017 - lululemon athletica inc . had its "buy" rating reiterated by analysts at Needham & Company. Lululemon also continues with fabric innovation, including its new athletic Enlite bra and high-intensity Everlux, which Potdevin explained "is designed for workouts like spin where studio envi... [Full Article...]

Hurricane Harvey Causes Auto Sales to Temporarily Decrease

Hurricane Harvey Causes Auto Sales to Temporarily Decrease The stock has a market cap of $54.99 billion, a PE ratio of 6.5602 and a beta of 1.45. General Electric Company (NYSE:GE) appreciated by 1.11% at $24.55, after hitting low of $24.28 in an intra-day trade. The disclosure for this purchase can be found here. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer's stock valued at $2,665,619,000 after buying an additional 221,597,419 s... [Full Article...]

Micro Focus And HPE Software Complete $8.8 Billion Spin-Off/Merger Deal

Micro Focus And HPE Software Complete $8.8 Billion Spin-Off/Merger Deal The stock has performed 0.61% over the last seven days, 4.09% over the last thirty, and 3.79% over the last three months. A year after exiting the enterprise software business to sharpen its focus on hybrid IT infrastructure for datacenters, Hewlett Packard Enterprise and Micro Focus have completed the spinoff to and merger of HPE's software assets with the United Kingdom pure-play softw... [Full Article...]

Dollar General shares dip despite upbeat second-quarter performance

Dollar General shares dip despite upbeat second-quarter performance Upbeat performance and the news of recent store buyout deal, prompted management to raise its sales outlook. Stock dripped -35.58% over the trailing 6 months. Dollar General Corporation , launched on May 29, 1998, is a discount retailer. The business's revenue for the quarter was up 6.5% compared to the same quarter previous year. [Full Article...]

Restaurant Group PLC (RTN) Receives "Buy" Rating from Liberum Capital

Restaurant Group PLC (RTN) Receives Vanguard Index Fds (VV) was raised too. Among 7 analysts covering Teleflex ( NYSE:TFX ), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 48% are positive. In a report released on 9/1/2017 Deutsche Bank hold steady the stock price target of Bellway PLC (LON:BWY) from 3,090.00GBX to 3,090.00GBX indicating a possible upside of 0.01%. [Full Article...]

Gas prices skyrocketing in Sudbury

The price at the pump rose Thursday night in Montreal for a second time in three days, reaching an average of almost $1.35 per litre of regular fuel by Friday morning. He said this might help Calgarians anticipate the increases better and perhaps feel the effect a little less. "You could see prices moving up by the end of next week", he said, indicating another jump at the pump. [Full Article...]

Jobs Added in August

Jobs Added in August Job gains were less-than-expected in August. "Over the past 12 months, average hourly earnings have increased by 65 cents, or 2.5 percent", the report added. Eventually, though, natural disasters that involve flooding usually lead to more construction and health care jobs. Compared with a year ago, the average pay in August was up 2.5 percent - the same modest pace in recent months. [Full Article...]

Volkswagen scrappage scheme offers thousands if drivers axe diesel for new model

Volkswagen scrappage scheme offers thousands if drivers axe diesel for new model Combined with the Government's current OLEV grant for ultra-low-emissions vehicles, customers could save a total of £10,000 on the list price of a new Volkswagen e-Golf battery-electric auto, or £8,500 off a Passat GTE plug-in hybrid. Provided they have owned their auto for at least 90 days, customers could get £5,000 off a new Santa Fe SUV or £2,000 off an Ioniq Hybrid . "What's more, ever... [Full Article...]

Gasoline Hits 2-Year High as Harvey Shuts Biggest US Refinery

Gasoline Hits 2-Year High as Harvey Shuts Biggest US Refinery OPEC output this month also fell 170,000 bpd from a 2017 high, a Reuters survey found, as renewed unrest cut supplies in Libya and other members stepped up compliance with a production-cutting deal Analysts called the status of us refineries a key to oil prices. [Full Article...]

Is Rockwell Collins, Inc. (COL) Finding Support or Hitting Resistance?

Is Rockwell Collins, Inc. (COL) Finding Support or Hitting Resistance? The companies are discussing a per-share price for Rockwell of $140 or less and could come to an agreement as soon as this weekend, according to people familiar with the situation. The firm has a 50 day moving average price of $116.76 and a 200 day moving average price of $104.93. Rockwell Collins (NYSE: COL ) last released its quarterly earnings results on Friday, July 28th. [Full Article...]


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