Markets
New Year's Eve Tradition: Taxi service offers free rides
The public will be able to board buses, trains, and streetcars for free on all routes starting at 7 p.m. on December 31 until 7 a.m. on January 1. To prevent impaired driving and cold toes, one local taxi company is offering free rides from December 31 at 11 p.m.to 4 a.m. [Full Article...]
Technical Indicators under Consideration: QEP Resources, Inc. (NYSE: QEP)
It has underperformed by 4.50% the S&P500. Great Lakes Advisors Llc decreased its stake in Pepsico Inc (PEP) by 1% based on its latest 2017Q3 regulatory filing with the SEC. Aqr Limited Liability Corporation holds 0.05% or 5.13 million shares in its portfolio. Ig Mngmt holds 0.04% or 850,000 shares. Sky Investment Gp Ltd Liability accumulated 66,145 shares. [Full Article...]
Investment in Bitcoin can sink your hard earned money, warns government
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The ministry explained that these virtual currencies have no intrinsic value and are not backed by any assets which put investors at high risk of getting trapped into ponzi-like schemes that can cause sudden losses. These are also being described as "coins". "The Government or Reserve Bank of India has not authorised any VCs as a medium of exchange", states the government note. [Full Article...]
Sirius XM Holdings Inc
Melvin Capital Management Lp who had been investing in Brunswick Corp (Call) for a number of months, seems to be less bullish one the $4.86 billion market cap company. Beta compares the returns of company stock to return of the market as a whole. The degree to which a PEG ratio value indicates an over or underpriced stock varies by industry and by company type; though a broad rule of thumb is that... [Full Article...]
Jack in the Box creates a new meal — Acknowledging Cannabis Culture
It's all part of a campaign to celebrate the legalization of recreational marijuana in California , which goes into effect January 1. Jack in the Box announced they are partnering with the marijuana company Merry Jane to produce the Ultimate Munchie Meal. [Full Article...]
Trump Takes Another Swipe At Amazon In Tweet Over Postal Fees
ET this morning, Trump tweeted: "Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the Post Office dumber and poorer?" President Trump took aim at the United States Postal Service on Friday, admonishing the service for its financial losses and for failing to... [Full Article...]
EPS for Anadarko Petroleum Corporation (APC) Expected At $
About 810,641 shares traded. TELUS Corporation (NYSE:TU) has risen 9.57% since December 28, 2016 and is uptrending. It has outperformed by 9.26% the S&P500. The firm has "Hold" rating given on Thursday, January 7 by Deutsche Bank. Shine Investment Advisory Service Inc invested 0.04% in Anadarko Petroleum Corporation (NYSE: APC ). [Full Article...]
Ripple Overtakes Bitcoin Cash, Becomes Third Largest Cryptocurrency
Gains have accelerated since, and ripple is up more than 29,000 percent this year. "Ripple's total addressable market is $5 trillion a day in trans-country currency exchange (currently on SWIFT), or over a quadrillion dollars a year". Ripple, which has experienced unstoppable growth during 2017, appreciated by about 23,000 percent since the start of 2017. XRP is now the third largest cryptocur... [Full Article...]