Markets
The UK's construction sector has contracted again, no thanks to HS2
At the same time, manufacturing output grew marginally by 0.1 percent, slower than September's 0.7 percent increase. Britain's longest run of growth in industrial production since 1994 came to an end in October as strong auto exports failed to offset the effect of unseasonably warm weather on the energy sector. [Full Article...]
International Monetary Fund warns over 'large risks' for China's financial system
The report was a culmination of the fund's several visits to China between October 2015 and September 2017. The IMF recently concluded its latest evaluation for China under the IMF's Financial Sector Assessment Program (FSAP). One of the points the Chinese central bank said it disagrees with is the conclusion that many banks lack the ability to withstand shocks. According to the stress test ... [Full Article...]
Uber's 'licence suspended by Sheffield City Council'
Uber has had its licence suspended. Bertram left Uber in October. The news follows a recent suspension in London, after Transport for London (TfL), the British capital's transport regulator, refused to renew Uber's license to operate. Uber has lost its licence in another United Kingdom city, just days before its next hearing in a battle to remain in London. The issue in question is that Uber d... [Full Article...]
Traders Secrets on Lam Research Corporation (LRCX), Philip Morris International Inc. (PM)
The stock increased 1.86% or $3.35 during the last trading session, reaching $183.88. About 3.63M shares traded or 52.17% up from the average. Wall Street analysts, on average, are forecasting the company's EPS to be 3.68, compared to 2.24 reported in the same quarter past year. [Full Article...]
Picton Mahoney Asset Management Lowers Stake in UnitedHealth Group Incorporated (UNH)
Fmr Limited Company holds 0.02% or 4.81M shares in its portfolio. The relative volume of the stock is 1.02 while its market cap is $213.05 billion. At a certain point in the past four quarters, the shares traded as low as $68.23 but made a 50.84% recovery since then. [Full Article...]
The Bottom Line on Chevron Corporation (CVX), FireEye, Inc. (FEYE)
The firm has "Buy" rating by Cantor Fitzgerald given on Wednesday, March 9. Regentatlantic Capital Llc decreased Chevron Corp New ( CVX ) stake by 4.51% reported in 2017Q2 SEC filing. Pinnacle Foods Inc. manufactures, markets, and distributes branded convenience food products in North America. The company has a market cap of $225.19B. [Full Article...]
The Australian Securities Exchange Just Made Blockchain History
But they will be working with Digital Asset Holdings , which is a blockchain startup by Blythe Masters , a former JP Morgan Chase banker, on the matter. "While we have a lot more work still to do, today's announcement is a major milestone on that journey". Blockchain is a method of recording data via a digital ledger of transactions, agreements, contracts or anything that needs to be indep... [Full Article...]
Thor Industries, Inc. (NYSE:THO): A look at Yield & Technicals
This may occur at the same time. Large-cap companies usually have a market capitalization of $10 billion and up. Some investors may only focus on the fundamentals of a company and completely ignore the technicals. Another useful indicator to assist in detmining rank is the ERP5 Rank. (NYSE:THO) is 2806. The lower the ERP5 rank, the more undervalued a company is thought to be. [Full Article...]