Markets
Successful ICBM interceptor test shows U.S. can outpace missile threats through 2020
In a bid to keep North Korea in check after it repeated missile tests and warnings to the US, the Pentagon tested a long-range interceptor missile early this week. Shooting two interceptor missiles at one incoming ICBM target would help understand what the second one does after the first destroys the target, he said. [Full Article...]
South Africa slips into recession as economy shrinks in Q1
Economists polled by Reuters had expected a quarter-on-quarter GDP expansion of 0.9 per cent. Domestic consumption - one of the main engines of the Brazilian economy - has continued to demonstrate signs of weakness, making economic recovery even more hard. [Full Article...]
Walgreens Boots Alliance Inc (WBA) Shares Bought by Tarbox Group Inc
Diligent Investors LLC purchased a new position in shares of Walgreens Boots Alliance during the fourth quarter worth approximately $1,463,000. A number of other institutional investors also recently modified their holdings of WBA . The company also recently announced a quarterly dividend, which will be paid on Monday, June 12th. Stockholders of record on Thursday, May 18th will be paid a $0.37... [Full Article...]
Rowan Companies PLC (RDC) Stake Cut by Ameritas Investment Partners Inc
Rowan Companies plc ( RDC ) now has P/E ( Price to Earnings) ratio of 7.38 while the company's industry has 0.87 P/E and the sector P/E is 16.82. Equities research analysts expect that Rowan Companies PLC will post ($0.99) earnings per share for the current year. [Full Article...]
Pound falls 0.3% vs dollar after attacks
The pound has been buffeted over the past two weeks as polls have depicted a tightening race, raising the possibility of a hung parliament. One-week sterling-dollar implied volatility, which measures the cost of hedging against price swings in the currency pair, was at 12.5 percent, near its highest levels since January 17, when May set out her Brexit strategy. [Full Article...]
Apple Introduces 'Do Not Disturb While Driving' Feature for iOS 11
Apple also previewed its upcoming iOS 11 , which will include such advancements as Multi-Touch Drag And Drop to move files from one app to another. However, iOS 11 has an even better feature to help out in situations like these. It says the HomePod uses an Apple Music subscription for "deep knowledge of personal music preferences". [Full Article...]
Snap acquires Seattle-based location analytics platform 'Placed' for $200 million
Bloomberg had reported that the acquisition was for $125 million however Geekwire rebukes that statement saying it was closer to $ 200 million , citing a reliable source. Placed had raised $13.4-million (R171-million) in funding from investors including Two Sigma Ventures and Madrona Venture Group , according to Crunchbase. [Full Article...]
Pennon Group (LON:PNN) Analyst Target Changes
Peel Hunt maintained it with "Buy" rating and GBX 360 target in Thursday, May 26 report. Wayfair LLC had 39 analyst reports since July 31, 2015 according to SRatingsIntel. Cowen & Co maintained FedEx Corporation (NYSE:FDX) rating on Thursday, September 17. It also reduced its holding in Caci Intl Inc (NYSE:CACI) by 29,521 shares in the quarter, leaving it with 118,149 shares, and cut its stake in ... [Full Article...]