Markets
TSX rallies shortly after open as North Korea tensions ease
South Korea's KOSPI fell 1.4 percent, taking its losses this week to almost 3 percent. The Dow Jones Industrial Average fell 94.55 points, or 0.43 per cent, to 21,954.15, the S&P 500 lost 19.51 points, or 0.79 per cent, to 2,454.51 and the Nasdaq Composite dropped 76.39 points, or 1.2 per cent, to 6,275.94. [Full Article...]
Seahawks win 48-17 in Chargers' debut game at StubHub Center
Next, the LA Chargers look for their first win when they host the New Orleans Saints on August 20 before playing as the away team at the LA Coliseum against the Los Angeles Rams on August 26. Cardale Jones completed two of nine passes for 50 yards. Davis acknowledged that he had "underestimated" Boykin , adding that he had gotten used to the throwing motions of the Chargers' quarterback... [Full Article...]
North Korea tensions send United States dollar to eight-week low vs yen
Japanese markets were closed for a holiday but the yen powered on, hitting an eight-week high of 108.91 yen to the dollar, adding to its biggest weekly gain since May. The dollar index, which measures against a basket of currencies, fell 0.05 per cent. This week's increase in tension between North Korea and the USA over North Korea's nuclear missile programme is a timely warning for investors ... [Full Article...]
Stock's Stunning Activities: Wal-Mart Stores Inc. (WMT)
It has underperformed by 41.10% the S&P500. Montag A & Associates Inc increased Citigroup Inc (C) stake by 13.78% reported in 2016Q4 SEC filing. Volume on the day was 7.9 million shares. 1,322 shares were sold by Canney Jacqueline P, worth $104,113. Invesco reported 20.75M shares. Cowen and Company set a $86.00 price target on shares of Wal-Mart Stores and gave the company a "buy" rating in ... [Full Article...]
Amazon announces that Lovefilm is closing down
Amazon, who now owns the service, explained that the shift towards online streaming was an obvious factor in deciding to cease the DVD rental service. While streaming services might not have as much choice as an extensive DVD catalogue, they are a lot more convenient. Now it appears streaming has done the same to postal rentals. [Full Article...]
BidaskClub Lowers Antero Midstream Partners LP (AM) to Sell
Energy Income Partners Llc increased its stake in Magellan Midstream Prtnrs Lp ( MMP ) by 7.78% based on its latest 2016Q4 regulatory filing with the SEC. Guggenheim Capital Lc stated it has 0% of its portfolio in EQT Midstream Partners LP (NYSE:EQM). Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.38, from 1.19 in 2016Q3. [Full Article...]
Is Tesla Motors, Inc. (TSLA) a good buy?
The stock had a trading volume of 2,285,534 shares. Renaissance Technologies LLC now owns 677,792 shares of the electric vehicle producer's stock worth $188,630,000 after buying an additional 366,400 shares during the last quarter. The firm's 50-day moving average price is $341.13 and its 200-day moving average price is $307.07. Gemmer Asset Management LLC now owns 779 shares of the electric veh... [Full Article...]
Mattis, Tillerson make USA stance on North Korea more confusing
Their move seems to be altogether different than President Trump's "fire and fury" warning against Pyongyang. Experts contacted by Business Insider found the prospect of North Korea carrying out its plan unlikely. In response, the Trump administration, with the support of the global community, is applying diplomatic and economic pressure on North Korea to achieve the complete, verifiable and i... [Full Article...]