Markets
Russia Who? Facebook Beats Q3 Earnings And Grows MAUs And DAUs
Facebook beats The earnings of Facebook have come in at $1.59 per share which is above est of $1.28. The social network is hugely profitable with a net income of $4.7bn, or $1.59 a share, again ahead of the $1.28 analysts had forecasted. Either way, mobile advertising revenue represented 88pc of overall advertising revenue for the third quarter, up from 84pc past year. Facebook CFO David Wehne... [Full Article...]
Bitcoin Price Gains Continue with Record High Just Shy of $7000
It may be the season for spookiness but cryptocurrency trading could not be more upbeat. Terry Duffy, CEO and chairman of CME Group , said it was "increasing client interest" in cryptocurrency markets that had spurred his company to introduce bitcoin futures. [Full Article...]
Affordable Care Act health insurance enrollment period begins
The simple, straight-to-camera message is a far cry from the elaborate, viral videos he made in years past. One of the biggest differences is the window for enrollment. "The people who will drop out in droves are the ones who are not getting a premium subsidy". Silver plans have increased drastically. So if that plan's rate rises, the value of the subsidy does too. [Full Article...]
SunTrust Banks, Inc. Reiterates "Hold" Rating for PayPal Holdings, Inc. (NASDAQ:PYPL)
Monness Crespi & Hardt upped their price target on shares of PayPal Holdings from $73.00 to $80.00 and gave the stock a buy rating in a research report on Friday, October 20th. The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 37.96%, and has a solid year to date (YTD) performance of 83.84% which means that the stock is constantly adding to its value from ... [Full Article...]
Energy Transfer Equity, LP (ETE) Shares Bought by Penserra Capital Management LLC
The count of Hold ratings in that period was 6. It dived, as 340 investors sold Energy Transfer Partners LP shares while 5 reduced holdings. Murphy Capital Management Inc. The business had revenue of $8.94 billion for the quarter, compared to analyst estimates of $11.41 billion. Salient Advsrs Limited Com has 4.8% invested in Energy Transfer Equity LP (NYSE:ETE). [Full Article...]
Technical Scrutiny: Bristol-Myers Squibb Company (BMY), Plug Power Inc. (PLUG)
About 492,225 shares traded. Ronna Sue Cohen invested 1.29% of its portfolio in Bristol-Myers Squibb Co (NYSE: BMY ). It has underperformed by 16.70% the S&P500. 594,246 shares were sold by Koum Jan, worth $88.97 million. The Price Index is a ratio that indicates the return of a share price over a past period. [Full Article...]
The Dougherty & Co Downgraded GoPro Inc. (GPRO) to Sell
GoPro , Inc. (GPRO) saw -16.37 million in free cash flow last quarter, representing a quarterly net change in cash of 74.88 million. During the same quarter previous year, the company posted $0.25 earnings per share. Also, Director Anthony John Bates sold 25,529 shares of the stock in a transaction on Thursday, September 7th. The stock's last price was higher from the average trading price of 50... [Full Article...]
The Grand Tour coming back on Amazon Prime Video
The Grand Tour v2 is coming out ever so slightly later in the year compared to the debut series in 2016, but not much later, considering the setbacks of Hammond's huge Rimac crash and Clarkson's bout of pneumonia . The Grand Tour's new trailer showcases a mix of the world's most incredible cars and other "vehicles" alongside stunning scenery and a healthy dose of mud, dirt, and adrenaline. [Full Article...]