Markets
Turquoise Hill Resources Ltd (TRQ) Has Stock More Room to Run
These ratios are important while doing valuation of the company or the shares of the company. NN Investment Partners Holdings N.V. increased its stake in Turquoise Hill Resources by 37.6% in the first quarter. The company's beta value is at 0.51. Turquoise Hill Resources had a net margin of 14.20% and a return on equity of 1.60%. While in the same Quarter Previous year, the Actual EPS was $0.16. [Full Article...]
Harvey strands thousands on cruise ships as they wait out storm
After Hurricane Harvey made landfall northeast of Corpus Christi on Friday night, it became clear that the grave weather predictions were accurate - the storm would cause enormous damage. Trump said, tagging Chuck Grassley in the tweet . "City, State and Federal Govs. working great together!" Wind gusts in Corpus Christi only reached 65 miles per hour, weather officials reported. [Full Article...]
Fed Chief Yellen Warns Against Dismantling Bank Regulations
Most research shows the changes have curbed risky banking activities, and yet "credit is available on good terms, and lending has advanced., contributing to today's strong economy", Yellen said at the conference held in Jackson Hole, and sponsored by the Kansas City Federal Reserve Bank. [Full Article...]
Wall Street Cheers Tax Reform Talk With Yellen Mum on Monetary Policy
Economists said before Yellen's speech that if she stayed away from discussion of monetary policy would confirm the market's expectations. "She is sort of putting a stake in the ground here in terms of this regulation issue, which is the one sort of sticking point between her and Trump right now", said Phil Orlando, chief equity market strategist at Federated Investors in NY. [Full Article...]
The 'Bill' for Brexit is Highly Overestimated
The EU is concerned that the Irish peace process could be used by the United Kingdom as a "bargaining chip" in the Brexit negotiations. A financial settlement is set to be one of the most hard issues to resolve in negotiations to unravel more than 40 years of union, and the EU has said it is one of three areas the two sides must make progress on before starting talks on a future relationship, ... [Full Article...]
Brokerages Set HSS Hire Group PLC (HSS) PT at $70.60
Covington Cap Mngmt invested in 0.02% or 5,375 shares. Moreover, Geode Capital Management Ltd Liability has 0.06% invested in Expedia Inc (NASDAQ:EXPE) for 1.10M shares. The stock of Hunting plc (LON:HTG) has "Hold" rating given on Monday, February 22 by Liberum Capital. The rating was maintained by Beaufort Securities on Wednesday, November 18 with "Speculative Buy". [Full Article...]
Delcath Systems, Inc. (DCTH) Sees Large Growth in Short Interest
For the past 5 years, the company's revenue has grown 0%, while the company's earnings per share has grown 0%. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. [Full Article...]
Hurricane Harvey knocks out 22 per cent of US Gulf oil production
Oil prices fell almost 3 percent on Thursday amid concerns over demand as U.S. Gulf Coast refineries shut operations as Tropical Storm Harvey was forecast to turn into a major hurricane. The U.S. Department of Energy said it was ready to release crude oil from the nation's emergency stockpile if needed due to the impacts of Harvey . [Full Article...]