Markets
Amazon CEO Jeff Bezos Becomes World's Richest Person
He rose to the top position in July with United States dollars 90.5 billion net worth beating USD 90 billion of Gates but slipped back to the second position within hours. Gates also added to his fortune Friday morning with the rise in Microsoft stock after its earnings. Bezos, 53, has added US$18.1 billion to his fortune this year. [Full Article...]
Monthly positive Performer - American Airlines Group Inc. (AAL) stock gained 7.23%
With an institutional ownership near 79.5%, it carries an earnings per share ratio of 4.2. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 901 shares in its portfolio. AAL indeed has a lot to explore for the stakeholder, as looked at the specific technical indicators that showcase the instant and chronological performances of the stock. [Full Article...]
QUALCOMM, Inc. (QCOM) EPS Estimated At $0.69
It has underperformed by 7.39% the S&P500. White Pine Investment Co bought 23,910 shares as the company's stock rose 2.14% with the market. MSEX's profit would be $8.99M giving it 19.83 P/E if the $0.55 EPS is correct. Goldman Sachs has "Buy" rating and $70 target. (NASDAQ:QCOM) to report $0.69 EPS on November, 1 after the close.They anticipate $0.48 EPS change or 41.03 % from last quarter's $1.17... [Full Article...]
Is It Time to go for Intel Corporation (INTC), Snap Inc. (SNAP)?
Intel Corporation (NASDAQ: INTC ) has risen 19.47% since October 27, 2016 and is uptrending. It has outperformed by 90.44% the S&P500. Sigma Planning Corp now owns 64,672 shares of the chip maker's stock valued at $2,333,000 after buying an additional 335 shares in the last quarter. [Full Article...]
Clariant, Huntsman Abandon $20B Merger After Investor Revolt
In May 2017, the company had announced merger of the global holding company Clariant and Huntsman Corporation . Even though Huntsman had recently spun off its titanium dioxide pigments business, White Tale viewed the US firm as less of a specialized chemical maker than Clariant.The activist investors recommended that instead of merging with Huntsman, Clariant should instead sell its plastics and ... [Full Article...]
Maruti Suzuki net profit rises 3.4 per cent during July-September 2017
This is a shift from an earlier policy that promoted hybrid and electric vehicles. Bhargava also talked about the future of the company and said that they are looking forward to launching electric cars in the country. The company said it expects a double-digit growth for the remainder of the financial year. Maruti Suzuki registered a profit of Rs 2,484 crore for the July-September quarter wher... [Full Article...]
Valero Energy Corporation (NYSE:VLO) Undervalued by 3.2%
The stock has a market capitalization of $33.69 billion, a price-to-earnings ratio of 18.83 and a beta of 1.22. JD.com, Inc. (NASDAQ:JD) has became attention seeker from the inquisitor when it experienced a change of -1.58%, When the opening bell rang, the price was $37.56.Whereas, in last 21 trading days was -7.30% and moved up in last 63 trading days of -18.60%. [Full Article...]
(JPM) Reaches $102.14 52-Week High; Main Street Capital Has 1.23 Sentiment
About 26,768 shares traded. (NYSE: JPM ) last announced its quarterly earnings data on Friday, October 14th. It has outperformed by 17.04% the S&P500. This is a positive change from J P Morgan Chase & Co's previous quarterly dividend of $0.50. Since May 11, 2017, it had 0 buys, and 1 sale for $568,100 activity. [Full Article...]