Markets
Jet inks 'Enhanced Cooperation Agreement' with Air France-KLM
Revenue is shared among partners and it does not matter who has flown a passenger. Jet management ruled out equity infusion from AF-KLM into it, as of now. Presently Air France-KLM and Jet carry over 1.2 million customers between India and Europe, and by this agreement the target is to reach 1.7 million passengers by the end of 2018 thereby meet a 40% growth. [Full Article...]
Record-breaking Cyber Monday sales total $6.59 billion
Cyber Monday (81 million) and Black Friday (66 million) were the biggest online days. For the rest of the holiday season, Adobe projects that 13 days will exceed $2 billion in online sales for a total of 18 days, or double last year's . [Full Article...]
Advanced Micro Devices (NASDAQ:AMD) Given "Buy" Rating at Jefferies Group
About 10.67M shares traded. LightPath Technologies, Inc. (LPTH) has risen 67.65% since November 27, 2016 and is uptrending. Investors sentiment decreased to 1.28 in Q2 2017. (NASDAQ: AMD ) are owned by insiders with -88.25% six-month change in the insider ownership. After $-0.46 actual EPS reported by Egalet Corp for the previous quarter, Wall Street now forecasts -17.39% EPS growth. [Full Article...]
Home prices rising at fastest rate in years: Case-Shiller
The 20-city index gained 6.2%, up from 5.8% the previous month. Today, resale prices aren't rising as fast as they did at the peak of those years, but Las Vegas Valley broker Scott Beaudry said it "still concerns" him to see the current high growth rate, given how badly it all ended last decade. [Full Article...]
Marathon Petroleum (NYSE:MPC) Given Daily Media Impact Score of 0.24
Their 52-Week High and Low are noted here. UBS upgraded Marathon Petroleum Corp (NYSE: MPC ) on Thursday, February 2 to "Buy" rating. The brokerage now has a $61.00 price objective on the oil and gas company's stock. The dividend for the corporation to company shareholders is rolling at 1.34% with a payout ratio of *TBA. The shares were sold at an average price of $62.35, for a total transaction o... [Full Article...]
Stocks for Your Case: QUALCOMM Incorporated (QCOM), AT&T, Inc
Oppenheimer upgraded the shares of FTK in report on Monday, July 27 to "Perform" rating. The original version of this story can be accessed at https://www.dispatchtribunal.com/2017/11/28/qualcomm-incorporated-qcom-given-consensus-rating-of-hold-by-brokerages.html. [Full Article...]
Amalgamated Bank Boosts Position in Occidental Petroleum Corporation (OXY)
Middleton & Co Inc decreased Occidental Pete Corp Del (OXY) stake by 43.13% reported in 2017Q2 SEC filing. First Financial Bank - Trust Division sold 25,071 shares as the company's stock declined 8.50% while stock markets rallied. 1St Global Advsr, Texas-based fund reported 14,324 shares. Lmr Prtnrs Llp reported 20,744 shares. Analysts often look at short interest, or the number of shares now be... [Full Article...]
Fed chair nominee Powell says case for rate hike 'coming together'
The comments come as Fed officials are preparing for their last meeting of the year December 12-13. Powell's remarks reinforced market sentiment that the Republican nominee, if confirmed by the Senate, would represent stability and continuity at the USA central bank when Fed Chairman Janet Yellen's term expires in February. [Full Article...]