Markets
Google to buy Chelsea Market for more than $2 billion
Chelsea Market, a one-time Nabisco cookie factory, is now owned by JamesTown LP, an Atlanta-based real estate investment firm. The deal is set to close in two months, the reports said, and while the location is right across the street from Google's existing New York HQ, it doesn't look like tenancy is going to change much anytime soon. [Full Article...]
Dow Jones closes down over 1150 points
The DJIA's fall was the biggest ever in terms of points, but on a percentage basis, it was only its 100th worst single day decline. At the end of the trading day, the Dow was down over 1100 points, more than 4 percent. "This is a side effect of success", Eric Schiffer, CEO of investment firm Patriarch, said. "It slows investors back a bit. but you're probably still going to see 5% growth this ye... [Full Article...]
Performance Assessment Proving Vital for Investment: Express Scripts Holding Company (NASDAQ:ESRX)
After $1.90 actual EPS reported by Express Scripts Holding Company for the previous quarter, Wall Street now forecasts 9.47% EPS growth. Monroe Bank & Trust MI now owns 2,266 shares of the company's stock valued at $156,000 after purchasing an additional 970 shares during the last quarter. [Full Article...]
Peel Hunt Reiterates Buy Rating for Games Workshop Group (GAW)
The firm has "Buy" rating by Jefferies given on Monday, January 8. Numis Securities maintained the stock with "Buy" rating in Wednesday, December 20 report. As per Thursday, March 31, the company rating was maintained by JP Morgan. They now have a GBX 240 ($3.10) price target on the stock. About 50,239 shares traded. [Full Article...]
Celebrating 100 years of Women's Suffrage
What's forgotten is that a sizeable proportion of women didn't want the vote; possibly the majority. The famous faces of the fight that transformed women's rights included Emmeline Pankhurst who founded the Women's Social and Political Union - the leading militant group that chained themselves to railings and went on hunger strikes. [Full Article...]
Walt Disney Co (DIS) Tops Earnings Estimates, Misses Revenue Outlook
That activity is comparable to their recent volume average trend of almost 3.21 million shares which they recorded over a period of three months. A down year for Disney's studio, which released fewer movies in 2017 than the year before, also led to lower first-quarter profit and sales in consumer products. [Full Article...]
Brokerages Anticipate Ford Motor (F) Will Post Earnings of $0.44 Per Share
It has underperformed by 8.78% the S&P500. Spark Investment Management Llc increased its stake in Zillow Group Inc (Z) by 231.86% based on its latest 2017Q3 regulatory filing with the SEC. Citigroup maintained the stock with "Buy" rating in Monday, October 2 report. Jefferies upgraded the stock to "Hold" rating in Friday, February 10 report. [Full Article...]
Short-volatility ETF plunges over 60% in after-hours trade
The VIX index has more than tripled since last week as a rise in bond yields, on fears that the U.S. Federal Reserve will need to adopt a more aggressive rate hike policy as inflation picks up, roiled stocks. "Let's assume this volatility is emanating from the Treasury market", Strugger said. "Even though at some point investors will show up to buy the dip in stocks, we don't think short volatil... [Full Article...]