Markets
Lebanese-Australian released without charge over airline 'bomb plot'
The men are being held on suspicion of hatching a bomb plot involving a meat mincer with assistance from Islamic State in Syria. Merhi's lawyer Moustafa Kheir said he would review how police acted towards his client. The men are now being held without any criminal charges under the Australian government's special terror-related powers. It is not yet known what type of plane the group alleged... [Full Article...]
Investors Catching Stocks American Electric Power Co., Inc. (AEP)
It has underperformed by 19.46% the S&P500. AEP trades with a P/S ratio of 2.14. Cohen Lawrence B invested in 3,575 shares or 0.25% of the stock. The Northstar Investment Advisors Llc holds 92,718 shares with $6.79M value, up from 76,355 last quarter. [Full Article...]
Trump dictated son's statement on Russian Federation talks
Later Thursday, New Yorker magazine writer Ryan Lizza reported that Scaramucci, in a profanity-laden phone call to him Wednesday night , referred to Priebus as a "paranoid schizophrenic" who had blocked him from the White House for six months. [Full Article...]
Hanson & Doremus Investment Management Sells 141472 Shares of Xerox Corporation (NYSE:XRX)
A statistical measure of the dispersion of returns (volatility) for XRX producing salvation in Investors mouth, it has week volatility of 1.69% and for the month booked as 1.55%. They expect $0.84 EPS, down 42.86% or $0.36 from last year's $1.2 per share. Revenues declined 8.1% (1.4% miss to consensus), on equipment sale delays as clients cross over to new ConnectKey products, but we see greater... [Full Article...]
Exxon Mobil Corporation (NYSE:XOM) Reviewed By Analysts
About 6,515 shares traded. Beech Hill Advisors Inc. boosted its position in shares of Exxon Mobil Corporation (NYSE: XOM ) by 1,844.6% during the first quarter, according to its most recent disclosure with the SEC. Segall Bryant And Hamill Ltd Liability Company holds 0.4% in Exxon Mobil Corporation (NYSE:XOM) or 177,283 shares. Cooke And Bieler Limited Partnership stated it has 1.79% in Exxon Mo... [Full Article...]
Analyst Earnings Estimates Coverage: United Parcel Service, Inc. (UPS)
Pembroke Management Ltd decreased Gildan Activewear (GIL) stake by 3.72% reported in 2016Q4 SEC filing. Atlantic Grp Incorporated Ltd Liability Company holds 0.24% or 315,574 shares. The firm has "Buy" rating by Argus Research given on Tuesday, August 2. The company was reinitiated on Tuesday, February 23 by Morgan Stanley. United Financial Bank Va has 25,256 shares. [Full Article...]
Tesla batteries could serve as back up for MA wind farm
A picture from Cathie Associates visit to the US' first commercial offshore wind farm; Block Island. Now they announced a bid on a new proposed project in MA. "Offshore wind is mainstream and it is coming to the U.S.in a big way". Deepwater Wind said that if the project clears approval, construction should be finished in 2022 and operations begin in 2023. [Full Article...]
RBI cuts repo rate by 0.25%, loans could get cheaper
The move is expected to compel banks to further lower lending and borrowing rates this month. Central bank said last month that, "The MPC will meet on August 1 and 2, 2017 for the Third Bi-monthly Monetary Policy Statement for 2017-18". [Full Article...]