Markets
United Kingdom markets watchdog urges European Union regulators to coordinate on Brexit
More than half the firms surveyed (55 per cent) say that they are anxious about the effects of leaving the European Union, with a quarter (28 per cent) stating it is the most significant risk they are facing over the coming year. And there will be a huge gap between hope and experience. Nearly half the respondents* (48 per cent) say this is the aspect of the UK's exit from the EU that would caus... [Full Article...]
Verifone shares surge as San Jose company agrees to buyout
They expect $0.21 earnings per share, up 5.00% or $0.01 from last year's $0.2 per share. The firm has "Hold" rating given on Thursday, March 8 by BTIG Research. The company has also begun offering handheld mobile-payment devices and platforms to its product line. The stock increased 1.78% or $1.97 during the last trading session, reaching $112.37. [Full Article...]
Analysts See $1.05 EPS for Omnicom Group Inc. (OMC)
Last trading transaction put the stock price at $71.74. MUFG Americas Holdings Corp now owns 1,531 shares of the business services provider's stock valued at $112,000 after purchasing an additional 847 shares during the period. D Scott Neal holds 0.09% or 1,724 shares in its portfolio. The P/E ratio gives investors an idea of what the market is willing to pay for the company's earnings. [Full Article...]
Investor's Guide on Cloudera, Inc. (CLDR) and United States Steel Corporation (X)
This is very handy information for corporate investors and stock traders for making wise decisions regarding online trading. The stock has settled -22.88%, since the beginning of the year when measuring the initial price as compared to the finishing price. [Full Article...]
Sensex gains over 100 points; Nifty above 10400-mark
In terms of investments, provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 1,300.93 crore, while the domestic institutional investors purchased stocks worth Rs 359.35 crore. The BSE Mid-Cap Index rose 0.18 per cent while the Small-Cap Index fell 0.02 per cent. European markets ended in the green yesterday with the FTSE closing 0.15% lower, CAC... [Full Article...]
European Commission raids Murdoch's Fox offices over cartel concerns
Investigators are able to take copies of documents and computer records, and ask for explanations from executives. A Fox Networks Group spokesman told THR that the company "was cooperating fully with the EC inspection". 'We believe that the enhanced firewall remedies we proposed to safeguard the editorial independence of Sky News addressed comprehensively and constructively the CMA's provision... [Full Article...]
Should You Buy Time Warner Inc. (TWX) or Valvoline Inc. (VVV)?
Jet Capital Investors LP who had been investing in Time Warner Inc for a number of months, seems to be less bullish one the $74.42 billion market cap company. As per Tuesday, April 26, the company rating was downgraded by Cantor Fitzgerald. The rating was maintained by BMO Capital Markets on Monday, October 16 with "Hold". [Full Article...]
A Fresh Look At Akorn, Inc. (NASDAQ:AKRX)
Mosaic Co (NYSE:MOS)'s stock on Friday traded at beginning with a price of $24.80 and when day-trade ended the stock finally plummeted -3.85% to reach at $24.22. Two equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. Investors sentiment increased to 1.13 in 2017 Q4. [Full Article...]