Markets
Is Now The Right Time To Bet On Emerson Electric Co. (EMR)?
Jefferies downgraded the shares of EE in report on Tuesday, November 15 to "Hold" rating. Swiss National Bank & Trust reported 1.79 million shares. Mizuho maintained Guess?, Inc. As of quarter end Parthenon LLC had bought a total of 7,108 shares growing its holdings by 1.6%. 41 funds opened positions while 80 raised stakes. Highland L P holds 413,746 shares. [Full Article...]
Q Train Derails in Brighton Beach, MTA Says
The subway ran off the track north of the Brighton Beach subway station, causing delays and disruptions on the Q and B lines. A southbound Q train derailed in Brooklyn during Friday morning's rush, prompting the complete suspension of the B train in both directions, according to the MTA. [Full Article...]
Turkey seeks to cool row with Germany as Berlin reviews arms requests
President Recep Tayyip Erdogan may weigh in on the dispute when he speaks at an event at 2:30 p.m.in Istanbul. Germany has told its citizens to exercise caution if traveling to Turkey and threatened measures that could hinder German investment there. [Full Article...]
Active Volume Stock: Rite Aid Corporation (RAD)
About shares traded. FLIR Systems, Inc. Rite Aid Corporation (NYSE: RAD ) last issued its earnings results on Thursday, June 29th. It has underperformed by 71.88% the S&P500.The move comes after 7 months negative chart setup for the $2.75 billion company. [Full Article...]
Government borrowing shows surprise £2bn rise
Financing the debt cost £4.9bn in June alone, a rise of more than £1bn from £3.7bn in the same month of 2016. Although the UK Treasury will resist pressure, there is a high risk of upward pressure on government spending. Retail price inflation, the benchmark for these bonds, is running at a more than 5-year high. Total government debt, excluding public sector banks, stood at £1.75 trillion at th... [Full Article...]
GSK threatens hundreds of jobs with Horlicks sale
These include the sale of its Horlicks brand in the United Kingdom and the closure of the factory in Slough where the drink was first made in 1908. The group is also considering selling its antibiotics business, which has facilities based in Ulverston in Cumbria, Verona and Bernard Castle, near Durham. [Full Article...]
FTC investigating claims of misleading Amazon discounts
In response to Consumer Watchdog's study, Amazon reportedly told Reuters that the study was flawed and the conclusions reached by the advocacy group were flat out wrong. The group, which analyzed 1,000 items sold on Amazon , said the retailer often employs "previous" prices, which it alleges are created to give the appearance of big discounts. [Full Article...]
Which Way Traders Signposts RH (RH), Pioneer Natural Resources Company (PXD) Stocks?
Leading up to this report, we have seen a -3.69% fall in the stock price over the last 30 days and a 0.93% increase over the past 3 months. Another trade for 3,000 shares valued at $591,990 was sold by SHEFFIELD SCOTT D . The stock increased 1.51% or $2.44 during the last trading session, reaching $163.94. Barclays Capital maintained Verizon Communications Inc. The rating was upgraded by Global H... [Full Article...]