Markets
Clouds begin to form over German economic outlook
Its assessment of current conditions increased by 0.3 points to hit 86.7 points. The outlook for Europe's largest economy had darkened amid a "high degree of nervousness over the future path of growth", the ZEW's study report read. This was a lower fall than 34.2 reading forecast by analysts. It now stands at 38.4 points, 9.7 points higher than in July. "US stocks are gaining ground in early a... [Full Article...]
WPP weighs on FTSE as weak ads market bites
The weak pound and a handful of acquisitions gave the reported revenue column a lift though; up 13.3% to £7.4bn, or 1.9% on a constant currency basis. Sir Martin said the weakest performing region was the U.S., while among sectors, consumer goods clients were being squeezed under pressure from activist investors to cut costs. [Full Article...]
Brokers Change Their Target Price On Baozun Inc. (NASDAQ:BZUN)
They now have a United States dollars 30 price target on the stock. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. BZUN generated revenue of $945.58 Million in the same quarter, one year ago. A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. [Full Article...]
Teva Pharmaceutical Industries (NYSE:TEVA) Trading Volume Significantly Higher
Zacks Investment Research upgraded shares of Teva Pharmaceutical Industries Limited from a "sell" rating to a "hold" rating in a report on Monday, July 17th. Teva Pharmaceutical Industries Limited's payout ratio is presently -18.95%. TRADEMARK VIOLATION WARNING: This report was originally reported by BBNS and is the sole property of of BBNS. [Full Article...]
Commonwealth Bank facing proposed shareholder class action
In a statement, Maurice Blackburn said it was partnering with litigation funder IMF Bentham to open registrations for CBA shareholders who purchased ordinary shares between 17 August 2015 and 3 August 2017. "As the largest company on the ASX shareholders would expect the CBA to take a leadership role in setting high standards of corporate conduct", says Watson. [Full Article...]
Eclipse Blamed After Thousands Of Farmed Salmon Escape Into Puget Sound
The approaching solar eclipse was said to be a factor as it created high tides and currents. On the Canadian side, Michelle Ranier, a Department of Fisheries and Oceans spokeswoman, said the agency hasn't received any recent reports of the domesticated fish being caught to its Atlantic Salmon Watch program, but continues to monitor the situation. [Full Article...]
Chevron Chief John Watson Plans to Leave Next Month
Chevron vice chairman Michael Wirth, a refining specialist who was promoted to his current position earlier this year, is thought to be a leading candidate to replace the 60-year-old Watson, according to Journal . Wirth, who joined Chevron in 1982 as a design engineer, also is executive vice president (EVP) of midstream and development, a position he has held since previous year. [Full Article...]
(MRO) Stake Reduced by TD Asset Management Inc
Marathon Oil Corp now has $9.24 billion valuation. MRO has diverse figures for different time frames; starting from week's performance dropped -10.31% in last five regular trading sessions. Northern Cap Management Ltd Liability Corporation reported 16,409 shares. Conocophillips (NYSE:COP) was raised too. BidaskClub cut shares of Marathon Petroleum Corporation from a "hold" rating to a "sell" ratin... [Full Article...]