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...]
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...]
7th Pay Commission: Tamil Nadu Cabinet approves pay hike for government employees
The tax rate announced earlier was 10 per cent, which was in addition to the 28 per cent Goods and Services Tax (GST). The filmmakers demanded the local body tax be completely abolished. In non-airconditioned theatres other than multiplexes, the minimum will be Rs 30 and maximum Rs 80. The TFPC said food and beverage in canteens should be sold at MRP. [Full Article...]