Markets
Investor Research Report on Southwest Airlines Co. (LUV)
Considering that the stock daily volume of 8.51 million shares, this represents a pretty noteworthy trading in volume size in recent session. Canada Pension Plan Investment Board now owns 499,423 shares of the airline's stock valued at $26,849,000 after buying an additional 48,509 shares during the last quarter. [Full Article...]
Oil prices rise as U.S. petroleum industry braces for Hurricane Harvey
On August 24, 2017, US crude oil ( USO ) ( USL ) October futures fell 2% and closed at $47.43 per barrel. When the Organization of Petroleum Exporting Countries ( OPEC ) meets in November to decide how to approach draining the global oil glut, the cartel will consider "all options", The Wall Street Journal reports. [Full Article...]
Don't expect a flip-flop on financial reforms: Janet Yellen to Donald Trump
Yellen's comments at the Federal Reserve Bank of Kansas City's prestigious policy conference in Jackson Hole, Wyo., could hurt her chances of being renominated to lead central bank. Some small businesses might find credit "less available" and mortgages might be tougher to obtain, particularly for people "with less-than-perfect credit histories", she said. [Full Article...]
Analyst Research and Recommendations: Gilead Sciences, Inc. (GILD), Statoil ASA (STO)
It has underperformed by 38.50% the S&P500. Verisk Analytics Incorporated (NASDAQ:VRSK) had a decrease of 0.9% in short interest. Whittier Tru Communications has 157,012 shares. Instinet downgraded the stock to "Neutral" rating in Tuesday, May 23 report. Maxim Group has "Buy" rating and $115 target. Morgan Stanley maintained the stock with "Equal-Weight" rating in Thursday, May 26 report. [Full Article...]
Markets reduce Fed rate hike bets as Yellen sidesteps policy remarks
However, critics have argued that the regulatory barriers affect small banks the most, despite the reforms being meant to target large financial institutions. Business Insider's Pedro da Costa and other analysts took the speech as a ding for Yellen's chances of being re-appointed by President Trump at the end of her term in February. [Full Article...]
Only at AT&T can you get the BlackBerry KeyOne in Space Black
CL and BlackBerry have revealed a space-black BlackBerry KEYone version in India earlier this month. TCL, the company now manufacturing BlackBerry's hardware, just announced that the Space Black-colored model is heading exclusively to AT&T. [Full Article...]
Global stocks edge higher ahead of key Jackson Hole events
Looking at reactions in forex markets, the dollar was trading at 109.36 yen, the euro/ dollar pair rose to 1.1855 and sterling reached $1.2854 in early exchanges during the United States session. He also said that he thinks the USA government will "end up probably terminating" the North American Free Trade Agreement with Canada and Mexico, though he also said that he has yet to make up his mind... [Full Article...]
Cardinal Health, Inc. (NYSE:CAH) Quarterly EPS Analysis
Patten & Patten Inc, which manages about $1.33 billion and $812.87 million US Long portfolio, decreased its stake in Trinity Industries Inc. The stock increased 0.34% or $0.23 during the last trading session, reaching $67.77. Therefore 39% are positive. Credit Suisse Group reaffirmed a "buy" rating and issued a $81.00 target price on shares of Cardinal Health in a report on Tuesday, May 2nd. [Full Article...]