Markets
GE CEO Flannery bets over $1 million on turnaround
General Electric makes up 1.0% of Wedbush Securities Inc.'s holdings, making the stock its 8th biggest holding. The stock declined 0.57% or $0.1 reaching $18.17 per share. The count of Hold ratings in that period was 4. As per Tuesday, October 3, the company rating was maintained by Jefferies. The stock of General Electric Company (NYSE:GE) earned "Buy" rating by Langenberg on Monday, November ... [Full Article...]
Toyota, Suzuki sign pact to roll out electric cars in India
The announcement comes after the Japanese companies agreed in February to trade expertise in parts supplies and research and development. "Additionally, Toyota and Suzuki intend to conduct a comprehensive study of activities for the widespread acceptance and popular use of EVs in India", Suzuki Global said in a statement. [Full Article...]
Unemployment Rate Drops to 3.6 Percent in Florida
October was a great month for Ohio's manufacturing industry, which added more than 4,000 jobs. The state's preliminary October unemployment rate is 3.5 percent, down slightly from September's rate of 3.7 percent and also below the October 2016 rate of 3.9 percent. [Full Article...]
Virgin Hyperloop One signs MoU with Government of Maharashtra for preliminary study
The partnership aims to conduct its preliminary study to understand Hyperloop's feasibility and economic impact in the Bengaluru region. Karnataka is a growing hub for technology and innovation. The US company will work with Pune Metropolitan Region Development Authority to streamline connectivity from Pune's new Purandar airport to Navi Mumbai International Airport to Chhatrapati Shivaji In... [Full Article...]
The Abercrombie & Fitch Company (ANF) Receives Buy Rating from Mizuho
Rite Aid Corp (NYSE:RAD) has average revenue estimates of $7.46 Billion, compared to low analyst estimates of $6.98 Billion and high estimates of $7.78 Billion for the current quarter. The company's stock had a trading volume of 2,345,500 shares, compared to its average volume of 3,508,974. The company now has a Return on Equity of -1.7% and a Return on Investment of 1.8%. [Full Article...]
Analysts Ratings for JC Penney Company, Inc. (JCP)
They now have $3.00 target price on the department store operator's stock. The company has a market cap of $926.01, a price-to-earnings ratio of 10.54 and a beta of 0.53. Holding by 13.9% in the 2nd quarter. Tudor Investment Corp ET AL now owns 22,900 shares of the department store operator's stock worth $141,000 after purchasing an additional 2,600 shares during the period. [Full Article...]
Liberum Capital Reiterates "Hold" Rating for Cobham plc (COB)
The stock of Crown Castle International Corp. Therefore 32% are positive. Sky Plc has a 52 week low of 747.50GBX and a 52 week high of 1,050.00GBX with a P/E ratio of 23.73 The company's market cap is now 0 GBX. Hound Partners Llc, a New York-based fund reported 2.25 million shares. Jnba Fin Advsrs stated it has 0% in Prudential plc (LON:PRU). Tru Company Of Vermont holds 0.01% or 800 shares in ... [Full Article...]
Insider Trading Alert: The Bank of New York Mellon Corporation (BK)
It has underperformed by 63.49% the S&P500. The total value of these holdings, in millions, is $44,292. The stock declined 0.31% or $3.22 reaching $1038.42 on the news. Foot Locker, Inc. most recently reported earnings per share (EPS) of $0.62 for the July 2017 versus $0.94 in the same quarter a year ago, representing -34% growth. [Full Article...]