Markets
Telemus Capital LLC Sells 688 Shares of JP Morgan Chase & Co (JPM)
Independence Tru Communications holds 0.53% of its portfolio in JPMorgan Chase & Co. The Msdc Management Lp holds 75,000 shares with $6.47M value, down from 250,000 last quarter. They expect $1.05 EPS, up 6.06% or $0.06 from last year's $0.99 per share. The market capitalization for the company is reported at $1.26 billion, while the P/E ratio yielded by the company was 9.05. [Full Article...]
London mayor unveils plan to reduce dependency on cars
The plan also includes a series of proposals to expand the Tube and rail network and step up investment in low emission buses, as the Mayor's Office continues with its plans to tackle air pollution, carbon emissions, and overcrowding on public transport. [Full Article...]
Insurer startup to enter five ObamaCare exchanges
If an insurer misses the Wednesday deadline, regulators could still choose to accept a last-minute application, as they did a year ago in Arizona, to make sure residents had access to a policy through the state marketplace. The lack of transparency and public information about the bill makes it impossible to analyze the impact on the insurance and pharmaceutical industries, but indications from s... [Full Article...]
Hear the moment cops shoot knife-wielding pregnant woman
An African-American mother was fatally shot by Seattle police Sunday morning after she called them for help. Both officers, who have yet to be identified, were put on paid administrative leave pending the outcome of the Force Investigation Team's inquiry into the case. [Full Article...]
Corning Incorporated (GLW) Stock Rating Upgraded by ValuEngine
It is down 53.38% since June 19, 2016 and is uptrending. It has outperformed by 8.80% the S&P500. Therefore 25% are positive. The correct version of this piece of content can be read at https://www.themarketsdaily.com/2017/06/21/drexel-hamilton-reiterates-sell-rating-for-corning-incorporated-glw.html. [Full Article...]
Fed Raises Interest Rate by a quarter point
Although the rate hike was widely expected, market participants had feared that a recent slowdown in economic activity would dampened expectations of a total three rate hikes in 2017. U.S. stock markets the S&P 500 and the Nasdaq trimmed down at the close. The Fed said a recent softening in inflation was seen as transitory, but the latest tepid price readings made investors question its vi... [Full Article...]
Sen. Murphy: Trump's Policy is to 'Do the Opposite'
US President Donald Trump signs the executive order in Miami on Friday to reverse some aspects of the current agreement for a policy toward Cuba. It's a policy change President Trump insists will correct what he called a "terrible and misguided deal" by his predecessor. [Full Article...]
Honda halts Japan car plant after WannaCry hits computer network
Honda Motor has suspended this week an operation of its plant in Japan the day after WannaCry virus was discovered, according to Reuters . Operations have since resumed as normal, and no other plants were caused to stop work. "Last month's global WannaCry attack was-or at least should have been-a wake-up call that security should be proactive, not reactive", Penn said. "Companies like Honda sh... [Full Article...]