Markets
Bell Pottinger's British business folds after South Africa scandal
The storm around the propaganda campaign it carried out for the Zuptas has resulted in one of the most dramatic business closures of our time. The Public Relations and Communications Association, which said the five-year minimum ban was unprecedented for a City PR firm of Bell Pottinger's size, said it had never before "passed down such a damning indictment of an agency's behaviour". [Full Article...]
Department of Transportation releases new self-driving vehicle guidelines
On one hand, the new guidance is "less burdensome" compared to the Obama administration's September 2016 semi-voluntary guidelines released past year so that innovation by automakers and tech companies isn't slowed down. "System safeguards, that should have prevented the Tesla's driver from using the car's automation system on certain roadways, were lacking and the combined effects of human error ... [Full Article...]
JPMorgan's Dimon says bitcoin 'is a fraud'
Bitcoin fans see the digital currency as a threat to traditional banks. While banks have largely steered clear of bitcoin since it emerged following the financial crisis, the virtual currency has a range of people who support it, including technology enthusiasts, liberterians skeptical of government monetary policy and speculators attracted by its price swings. [Full Article...]
HighTower Advisors LLC Increases Position in Cisco Systems, Inc. (CSCO)
Cisco Sys Inc now has $161.23 billion valuation. The stock rose 0.09% or $0.03 reaching $32.22 per share. About 771,243 shares traded. Cisco Systems, Inc. Clearbridge Invests Lc holds 0.25% or 7.55M shares in its portfolio. Mastrapasqua Asset Management Incorporated holds 0.05% or 300 shares in its portfolio. [Full Article...]
Seagate Technology Recommendation Trimmed To Keep at ValuEngine
Seagate Technology public limited company is a well-known provider of electronic data storage technology and solutions. It has a 12.54 P/E ratio. In addition to HDDs, the Company produces a range of electronic data storage products, including solid state hybrid drives (SSHDs), solid state drives (SSDs), peripheral component interconnect express (PCIe) cards and serial advanced technology architect... [Full Article...]
Commerzbank Aktiengesellschaft FI Sells 12344 Shares of Delta Air Lines, Inc. (DAL)
It has underperformed by 4.87% the S&P500. DnB Asset Management AS's holdings in Delta Air Lines were worth $590,000 as of its most recent SEC filing. It also reduced Corning Inc (NYSE:GLW) stake by 2.10 million shares and now owns 5.88 million shares. (NYSE:DAL). U S Global Invsts Inc has 3.53% invested in Delta Air Lines, Inc. [Full Article...]
Does $31.55 justifies The Goodyear Tire & Rubber Company (GT) shares?
Therefore 40% are positive. Pfizer had 55 analyst reports since July 29, 2015 according to SRatingsIntel. The company's consensus rating on Reuter's scale improved from 2.62 to 2.67 during a month. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. [Full Article...]
Insider Transaction Update on Hewlett Packard Enterprise Company (NYSE:HPE)
Hewlett Packard Enterprise expects non-GAAP earnings per share in the range of 26-30 cents (mid-point: 28 cents), which is lower than the Zacks Consensus Estimate of 41 cents. The ex-dividend date of this dividend is Monday, March 13th. This represents a $0.26 annualized dividend and a yield of 1.95%. Hewlett Packard Enterprise's payout ratio is now 371.48%. [Full Article...]