Markets
GOP Set To Release Budget With Tax Reform Reconciliation Instructions
The budget will provide the parameters for the tax. This is the moment to get real results for the American people. The committee is planning to consider the proposal Wednesday, but the panel includes several members of the conservative House Freedom Caucus, who continue to call for more sweeping spending cuts, as well as more details on a tax reform package that House and Senate GOP leaders a... [Full Article...]
Mercedes-Benz diesel vehicles recalled to fix emissions problems
In order to effectively improve the emissions of additional model series, Daimler chose to extend the service action to include more than three million Mercedes-Benz vehicles. This comes after German lawmakers summoned the company to perform additional emissions tests as well as answer questions about the situation in court. [Full Article...]
Rio Tinto plc (RIO) Earns Neutral Rating from Goldman Sachs Group, Inc
ValuEngine upgraded shares of Rio Tinto PLC from a "buy" rating to a "strong-buy" rating in a research note on Thursday, May 11th. Deutsche Bank AG lifted their price objective on Rio Tinto plc from GBX 4,100 ($53.54) to GBX 4,140 ($54.06) and gave the company a buy rating in a research note on Friday, March 17th. [Full Article...]
Washington Companies acquires Canadian diamond corporation for $1.2 billion
FMR LLC now owns 1,320,385 shares of the basic materials company's stock worth $16,701,000 after buying an additional 103,800 shares during the last quarter. WARNING: This report was first reported by BNB Daily and is the property of of BNB Daily. Sei Investments Co. increased its stake in Dominion Diamond Corporation by 529.5% in the first quarter. [Full Article...]
Short Interest in Atwood Oceanics, Inc. (ATW) Rises By 33.1%
Other large investors have also bought and sold shares of the company. Price/Earnings to growth ratio for the company is 0.48 and the stock shows its Price/Sales (ttm) of 0.91 and Price/Book for the most recent quarter of 0.19. The company's Average Earnings Estimate for the Current Fiscal quarter is $-0.07, according to consensus of 22 analysts. For the current year the company's revenue estima... [Full Article...]
U.S. stocks end the day with small changes
Earnings statements out of the USA will likely be the main driver this week. The German DAX has shed 1.1%, while the French CAC 40 is off 0.8%. The Dow Jones Industrial Average .DJI fell 8.02 points, or 0.04 percent, to 21,629.72, the S&P 500 .SPX lost 0.13 points, or 0.01 percent, to 2,459.14 and the Nasdaq Composite .IXIC added 1.97 points, or 0.03 percent, to 6,314.43. [Full Article...]
Dick's Sporting Goods Inc (DKS) Stake Maintained by Westwood Holdings Group Inc
About 539,728 shares traded. It is down 21.35% since July 18, 2016 and is uptrending. It has outperformed by 41.26% the S&P500. They expect $0.19 earnings per share , up 72.73% or $0.08 from last year's $0.11 per share. Hightower Advsrs Ltd Com holds 0.06% or 101,931 shares in its portfolio. Coastline Tru accumulated 0.44% or 32,175 shares. Janney Montgomery Scott Ltd Co holds 0.02% or 26,559 sha... [Full Article...]
Chipotle Shuts Down Virginia Restaurant Over Reports of Norovirus
Chipotle has been plagued by food safety concerns since October 2015 . Chipotle announced Tuesday that it is closing one of its Washington, D.C. -area stores following reports of customers becoming ill, a setback that could prove horrendous for a company trying to recover from a 2015 E.coli outbreak . [Full Article...]