Markets
China's Exports Grow Less Than Forecast; Imports Growth Tops Expectations
China's economic data have been showing robust growth ahead of leadership changes set to happen at the upcoming Party Congress. Exports increased 8.1% in September compared with the same period a year earlier, following 5.5% growth in August, the General Administration of Customs said Friday. [Full Article...]
Things to Watch in Wells Fargo's Results
Procter And Gamble Co now has $232.82 billion valuation. The company surged 0.09% and closed its last trading session at $55.61. About 4.22M shares traded. Perkins Coie reported 51,410 shares. Sirios Capital Management Lp holds 3.55% or 225,848 shares. Morgan Stanley invested in 2 shares. Research And Mgmt owns 8,400 shares or 0.15% of their USA portfolio. [Full Article...]
Alphabet Inc. (GOOGL) Rating Reiterated by Jefferies Group LLC
One analyst has rated the stock with a sell rating, eight have given a hold rating, thirty-nine have issued a buy rating and one has given a strong buy rating to the stock. COPYRIGHT VIOLATION WARNING: " Alphabet Inc". The original version of this news story can be viewed at https://stocknewstimes.com/2017/10/12/brokerages-set-alphabet-inc-goog-pt-at-1040-18.html. [Full Article...]
Stocks retreat from records; banks, media shares weak
AT&T tumbled 3.4 percent as it confirmed many of its full-year financial targets, but said it expects a hit of $210 million in pre-tax earnings in the third quarter due to USA hurricanes and earthquakes in Mexico. Citigroup Inc reported fixed income markets revenue of $2.88 billion. Shares of JPMorgan Chase traded 0.8 percent weaker as of 2.35pm in NY, while those of Citigroup were 2.5 percent ... [Full Article...]
United Kingdom to provide £557m funding for new renewable energy projects
The long-awaited plan was presented to Parliament this morning, following an earlier launch event in London's Olympic Park at which climate change minister Claire Perry declared the world is "seeing a global unstoppable shift towards clean technology solutions". [Full Article...]
Crude Oil Prices Gain In Asia As China Trade Data Supports
Crude oil prices fell for the first time in three days as investors mulled over a mixed report from the Energy Information Administration (EIA) showing crude stockpiles fell more than expected while gasoline supplies swelled. The agency forecast that 2018 crude oil output will rise by 680,000 barrels per day (bpd) to 9.92 million bpd. US crude oil prices trim earlier losses after USA governmen... [Full Article...]
Analyst's Viewpoint About Murphy Oil Corporation (MUR), The GEO Group, Inc. (GEO)
It has underperformed by 8.41% the S&P500. Barrett Asset Mgmt Limited Com owns 79,524 shares. Bank of Nova Scotia now owns 127,809 shares of the oil and gas development company's stock valued at $7,924,000 after buying an additional 115,222 shares during the period. [Full Article...]
Tesla recalling 11000 Model X SUVs for seat issue
There has been no real-life example of the defect but Tesla says it was discovered during testing, adding that it had voluntarily decided on the recall "out of an abundance of caution". Tesla last week also announced that it increased production of Model S and Model X vehicles to an all-time best quarter of 26,150 vehicles, and anticipated it would deliver 100,000 of the luxury models in 2017 - a ... [Full Article...]