Markets
Viavi Solutions Target of Unusually Large Options Trading (NASDAQ:VIAV)
That value represents a market adjusting for revenues that have been falling by -2.28 % on a quarterly year/year basis as of the company's last quarterly report. For the quarter, shares are performing at 9.05%. Whereas for long term intention, measuring performance with long timeframe can help for taking more accurate investment decision that includes quarter, semi-annual and annual performan... [Full Article...]
Birmingham is the third most congested city in the UK
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Motorists in London lost an average of 74 hours - more than three days - in 2017, an hour more than in 2016. According to traffic information supplier Inrix, British drivers wasted an average of 31 hours in traffic a year ago. In the largest ever study of its kind, the Global Traffic Scorecard analysed and ranked the impact of traffic congestion in 1,360 cities across 38 countries worldwide. [Full Article...]
Assenagon Asset Management SA Sells 269521 Shares of Activision Blizzard, Inc. (ATVI)
Capital World Investors now owns 22,538,000 shares of the company's stock worth $1,297,513,000 after buying an additional 4,327,000 shares during the last quarter. (NASDAQ: ATVI ) has gone stronger by 69.91%. Piper Jaffray has "Buy" rating and $69.0 target. Its segments include Activision Publishing, Inc ( Activision), Blizzard Entertainment, Inc (Blizzard), King Digital Entertainment (King) and ... [Full Article...]
Yields fall from four-year highs as stocks drop
In fact, up to its high a week ago it went a record 310 days without a 3% or greater pullback and every month past year saw a positive total return (ie capital growth plus dividends) which is also unusual. "Bonds sold off, so stocks got scared, and now bonds are scared of stocks", said Aaron Kohli, fixed income strategist at BMO. Confidence is high in the world's major economies, as evidenced by... [Full Article...]
Lexington Realty Trust (LXP) Currently Above Chikou Line
Chicago Equity Partners Llc who had been investing in Digital Rlty Tr Inc for a number of months, seems to be less bullish one the $23.02B market cap company. Zacks Investment Management holds 47,928 shares. (NASDAQ:AWRE) for 1,965 shares. Brown Advisory has invested 0% in Exponent, Inc. Legg Mason Asset Management Japan, which manages about $169.31M US Long portfolio, decreased its stake in Boe... [Full Article...]
Reserve Bank holds cash rate steady
This marks the 18th consecutive month the RBA has kept the rate steady since it cut the official cash rate by 25 basis points in August 2016. A majority of economists also expect the central bank's tone to turn hawkish when it announces its latest policy decision on Wednesday. [Full Article...]
New Jersey governor signs net neutrality order
Adhering to net neutrality would mean that ISPs could not develop a "fast lane" allowing some content (like the Verizon homepage, for example) to load faster than any other website or service. More generally, each ISP subject to the order would have to provide consumers with "accurate information regarding the network and transport management practices (including cellular data and wireless broadba... [Full Article...]
Bitcoin tumbles nearly 20% as crypto backlash accelerates
From $19,900 the price it attained on December 17, the bitcoin plunged to near $6,000 on Tuesday. As of Tuesday, it dropped to $6,424, losing two-thirds of its all-time high of almost $20,000 value from mid-December. On Monday, Financial News, a publication closely affiliated with the People's Bank of China, reported that the central bank will block all platforms related to cryptocurrency tr... [Full Article...]