Markets
Newsflash: Bitcoin Price Tears Past $5400
Bitcoin surged to a fresh record on Thursday as the enthusiasm for cryptocurrencies showed little signs of abating. The Ethereum to Dollars exchange rate advanced 1.74% to $307.16, which is not a bad showing, but the Ethereum to Bitcoin rate dropped 6.76% in the same window.What does that tell you?It says that investors are moving money into Bitcoin and out of Ethereum. [Full Article...]
Is The World Ready for a Buffalo Sauce Latte?
The Canadian fast-food chain is testing buffalo wing-flavored lattes in Western New York, daring fans to try their coffee with a little kick. The drinks will be served at two Buffalo, New York locations from now until October 20. It may be pumpkin spice season, but Tim Hortons is experimenting with a far more freakish new latte flavour - Buffalo Sauce, in the latest move by restaurants to ... [Full Article...]
Are Traders Shorting Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares?
A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Information in this release is fact checked and produced by competent editors of Hot Stocks Point; however, human error can exist . [Full Article...]
Sub-Inspector killed in Darjeeling, hunt on for GJM chief Gurung
Clashes broke between police and supporters of the Gorkha Janmukti Morcha inside a forest at the Lapchey Bustee, about 20 km from Darjeeling town, Anuj Sharma, ADG (Law and Order). The GJM has been at the forefront of the Gorkhaland movement, demanding that a separate State be carved out from the Darjeeling hills. Tamang has been made the chairman of Board of Administrators of the Gorkhaland Ter... [Full Article...]
Sirius XM Holdings Inc. (NASDAQ:SIRI) Sale Analysis
The stock has a market capitalization of $26.32 billion, a PE ratio of 33.559 and a beta of 1.07. Looking into last 5 trades, the stock observed a return of nearly -0.52%. IL now owns 38,211 shares of the company's stock valued at $195,000 after buying an additional 551 shares in the last quarter. Chiron Investment Management LLC increased its position in shares of Sirius XM Holdings by 143.9% d... [Full Article...]
Consumer Prices Accelerated in September
The prior reading was +1.0% y/y. The data from the US Census Bureau clearly showed the impact of Hurricane Harvey, which hit Texas in August, as sales at petrol stations were up 5.8% month on month in September, and 11.4% compared with the same period a year ago. [Full Article...]
EPS for Magellan Midstream Partners, LP (MMP) Expected At $0.97
About 839,345 shares traded. It has outperformed by 14.32% the S&P500. Summit Midstream Partners, LP focuses on developing, owning and operating midstream energy infrastructure assets. Baird on Friday, August 12. The stock of Summit Midstream Partners LP (NYSE:SMLP) earned "Buy" rating by RBC Capital Markets on Thursday, July 6. In the market the company is trading unchanged since yesterday'... [Full Article...]
Ford Motor Company (F) Position Raised by Balyasny Asset Management LLC
General Motors Company's average Free Cash Flow per Share Growth Rate was 0 percent during the past 12 months. Sei Investments Co. now owns 135,804 shares of the auto manufacturer's stock worth $1,580,000 after buying an additional 7,972 shares in the last quarter. [Full Article...]