Markets
'Witch Hunt': Trump confirms he is being investigated over Comey firing
Deputy Attorney General Rod Rosenstein issued a statement Thursday night warning Americans not to "accept as true" stories based on "anonymous officials". Special counsel Mueller is following two major lines of investigation, a source told Reuters. "I will say candidly the president and federal government generally, I think, would be better off generally with fewer tweets ", said Sen. [Full Article...]
Consensus Watch on Century Aluminum Company (NASDAQ:CENX)
About 245 shares traded. Century Aluminum Co (NASDAQ:CENX) has risen 116.20% since June 15, 2016 and is uptrending. It has outperformed by 30.79% the S&P500. 27983 shares were traded on Aluminum Corporation of China Limited's last session. The New York-based Jpmorgan Chase has invested 0% in Mesabi Trust (NYSE:MSB). [Full Article...]
Equity Focus: Looking Closer at Shares of Viavi Solutions Inc. (NASDAQ:VIAV)
Are investors supposed to sell when the stock hits the target? State Treasurer State of MI increased its stake in shares of Sally Beauty Holdings by 0.5% in the first quarter. The company's expected revenue in the current quarter to be 1 Billion, seeing a projected current quarter growth of 4.3%, and per annum growth estimates over the next 5 year period of around 5.82%. [Full Article...]
Cineworld Group plc (CINE) PT Raised to GBX 825
Invesco, Georgia-based fund reported 791,248 shares. Comerica National Bank stated it has 0.04% of its portfolio in W W Grainger Inc (NYSE:GWW). Moreover, Susquehanna Intll Grp Incorporated Llp has 0% invested in Genesis Energy, L.P. The firm has "Overweight" rating given on Monday, July 11 by Barclays Capital. 25/04/2017 - Standard Chartered had its "Sell" rating reiterated by analysts at Deuts... [Full Article...]
Verizon's acquisition of Yahoo is complete
With its acquisition of Yahoo ( YHOO ) closing on Tuesday, Verizon Communications (VZ) formally combined the internet portal with AOL , setting out to build at least a $10 billion content and advertising business by 2020. Over at Verizon, Yahoo is now merged with AOL - which Verizon bought in 2015 for $4. 4 billion - and rebranded as Oath . Verizon had agreed to pay $4.8 billion for ... [Full Article...]
Sound Strategy Behind Amazon-Whole Foods Tie-Up
I mean, if they don't, Apple, Facebook, or Google probably would've gotten around to trying to control our food supply eventually, anyway. Amazon's deal to purchase Whole Foods was big. Amazon also has been testing automation technology at a Seattle convenience store that's now open only to Amazon employees. Amazon is buying Whole Foods Market for $13.7 billion. [Full Article...]
Sensex, Nifty Poised For Flat Open
Meanwhile, the broad based NSE Nifty went up by 10.00 or 0.10% at 9,588.05 with 25 components registering rise. On Thursday, the benchmark indices slipped into the negative territory, a day after the US Federal Reserve hiked its benchmark rates. [Full Article...]
Bank of America Corp (BAC) EPS Estimated At $0.48
Bank of America Corporation (NYSE:BAC) has a market cap of $237.74 billion and over the last 12 months, BAC has risen by 76.46%. Bank of America Corporation (NYSE:BAC) knifed -0.93 percent lower and now trades for $23.54. Linden L P holds 0.09% of its portfolio in Bank of America Corp (NYSE:BAC) for 100,000 shares. Cadence Capital Management LLC raised its position in shares of Bank of America C... [Full Article...]