Markets
(MCD) Holdings Cut by Whittier Trust Co
The stock outperformed the S&P 500 by 10.07%. Alpha Cubed Investments Llc acquired 9,691 shares as Mcdonalds Corp ( MCD)'s stock declined 8.13%. The institutional investor held 1,448 shares of the restaurants company at the end of 2017Q4, valued at $249.25M, down from 1,496 at the end of the previous reported quarter. [Full Article...]
CBI issues non-bailable warrant against Nirav Modi, Mehul Choksi
The CBI said the whereabouts of both remained unknown, and that it "continued the questioning of officers of overseas branches of Indian banks that extended alleged credit facilities on the basis of LoUs (letters of undertaking) issued by PNB to firms related to Nirav Modi and Mehul Choksi ". [Full Article...]
Train runs without engine for 10 km in India, passengers safe
The incident happened apparently due to non-application of skid-brake on the wheels of the coaches by the staff deployed there. The speed of the coaches slowed down at the up where the staff put blocks. "Facts will be known after a detailed enquiry", he said. Divisional Railway Manager, Sambalpur, Jaideep Gupta, has ordered a senior official-level inquiry into the incident. [Full Article...]
Renewed trade tensions send stocks lower
The market didn't get any help from a March jobs report that was weaker than expected. The Dow Jones Industrial Average late-morning Friday was trading near session lows as worries about intensifying conflicts between the us and China. Nixon, of Northern Trust, said businesses also support the idea of making changes in America's trade relationship with China. Optimism about the world economy h... [Full Article...]
Stock dive as trade tensions heat up between United States and China
Technology companies and banks are taking some of the worst losses. With administration officials sounding conciliatory one day and more hostile the next and the President always quick to fire off another tweet, investors simply don't know what the USA wants to achieve, said Katie Nixon, chief investment officer for Northern Trust Wealth Management. [Full Article...]
FedEx (NYSE:FDX) Shares Sold by Metropolitan Life Insurance Co. NY
About 3.12 million shares traded. It has outperformed by 14.68% the S&P500. United American Securities Inc increased its stake in Fedex Corp Com (FDX) by 39.89% based on its latest 2017Q4 regulatory filing with the SEC. Baird. Finally, Barclays PLC reiterated a "buy" rating and set a $205.00 target price on shares of FedEx Corp.in a research report on Monday, September 19th. [Full Article...]
Dow Jones falls more than 2% as trade war with China continues
Trump, Mr. Mnuchin and Robert Lighthizer, the United States trade representative, stirred up the sentiment that the USA would not back down. President Donald Trump speaks to reporters on board Air Force One as he travels back to Washington , DC, on April 5, 2018 . [Full Article...]
Macquarie Group Ltd. Lowers Holdings in Alibaba Group (BABA)
Alibaba Group Holding Limited has volume of 18.21 million shares. Now it had 5.58 million shares held by the institutional investor. The stock of Alibaba Group Holding Limited (NYSE:BABA) has "Buy" rating given on Wednesday, September 20 by Jefferies. [Full Article...]