Markets
Currency traders on edge as European Central Bank meeting looms
So here the expectations embedded in market bond prices are playing a crucial role in determining the renewed Euro strength. By itself, we do not expect such rhetoric to necessarily weaken the euro, but at least should cap the currency for now. [Full Article...]
Stocks tumble as banks sell-off, North Korea tensions mount
The Dow and S&P stand less than 1% below their all-time closing highs hit a month ago, while the Nasdaq achieved a fresh record close on Friday. Crude oil was about 2.73 percent higher with prices over $48.50 per barrel as the effects of Harvey continue to linger. [Full Article...]
Buzzer within Investors Radar:- The Interpublic Group of Companies, Inc. (IPG)
Institutional investors and hedge funds own 98.01% of the company's stock. Van ECK Associates Corp lifted its stake in shares of Interpublic Group of Companies, Inc . The ex-dividend date of this dividend is Wednesday, August 30th. This dividend amount will represent a yeild of $3.57. (The)'s dividend payout ratio is now 51.80%. [Full Article...]
Hyperloop to be developed from city to Amaravati
It claims that this route will reduce the distance to a 6 minute trip instead of the current time of "more than one hour". According to an announcement made earlier today, the Andhra Pradesh Economic Development Board (APEDB ) has signed a memorandum of understanding with Hyperloop Transportation Technologies (HTT ) to bring the futuristic transport pods to the Indian state. [Full Article...]
Boosts Holdings in First Industrial Realty Trust, Inc. (NYSE:FR)
Vornado Rlty Tr now has $14.22B valuation. The volume of 0.33 Million shares climbed down over an trading activity of 652.98 Million shares. About 246,216 shares traded. Deutsche Bank maintained the shares of VNO in report on Monday, May 16 with "Hold" rating. Russell Investments Group Ltd. boosted its position in Community Healthcare Trust by 2.7% during the second quarter. [Full Article...]
Confidence in Hewlett Packard (HPE) Shares by Bank of America Fall
Credit Suisse Group reissued a "buy" rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research note on Tuesday, May 23rd. If you are reading this piece on another website, it was stolen and reposted in violation of US & worldwide copyright & trademark legislation. (NYSE:NWL). [Full Article...]
Fed's Kashkari says 'very possible' rate hikes doing 'real harm' to economy
Officials are laying out their arguments ahead of a policy meeting later this month after a period of relative quiet over the United States summer. The US Central Bank would need to drive unemployment levels, already at a 4.4 percent level, to help boost inflation, Brainard said. [Full Article...]
Case students gather to protest DACA decision
It is a planned attempt by illegal immigrants to use their children to get their parents and families into the United States and to acquire numerous privileges usually set aside for American citizens. "Am I going to lose my job and not be able to pay for my house?" Protester T.J. Jendres toted a homemade doll with a mask of President Donald Trump carrying a Confederate flag over his back. [Full Article...]