Markets
Walgreens pact to buy fewer Rite Aid stores wins U.S. nod
They issued a "buy" rating and a $95.00 target price for the company. BidaskClub upgraded Walgreens Boots Alliance from a "sell" rating to a "hold" rating in a research note on Wednesday, August 30th. Walgreens Boots Alliance had a return on equity of 17.34% and a net margin of 3.69%. The firm's revenue for the quarter was up 2.1% compared to the same quarter a year ago. [Full Article...]
Election: Clinton considers legal action against Trump
They were involved in the Trump campaign after he got the nomination, and I think that part of what happened is Mercer said to Trump, We'll help you, but you have to take Bannon as your campaign chief. The White House issued no immediate comment, and Trump aides have said in the past that his tweets "speak for themselves". Speaking of the pressures forced upon her in the spotlight, Hillary e... [Full Article...]
USA close: Stocks mixed as investors look towards FOMC
Stocks continued to grind higher, sending both the S&P 500 and the Dow to new all-time highs, while the Nasdaq touched a new intraday high but failed to notch a new record close following a late selloff in tech stocks (-0.3%). The pan-European Stoxx 600 index, the German DAX and France's CAC 40 index all rose about 0.3% while the UK's FTSE 100 added half a percent. West Texas Intermediate crud... [Full Article...]
Comparable Company Analysis: CA, Inc. (CA), Comcast Corporation (CMCSA)
The stock decreased 1.78% or $0.67 on September 15, reaching $36.93. Another trade for 20,572 shares valued at $762,193 was sold by BLOCK ARTHUR R. It has outperformed by 17.55% the S&P500. (T), Walt Disney Co. Hl Fincl Svcs Llc invested in 73,487 shares or 0.11% of the stock. BURKE STEPHEN B sold $10.07 million worth of stock or 258,380 shares. [Full Article...]
Stocks, dollar rise as investors turn eyes to Fed
The S&P 500 has ended trading slightly higher as financial stocks rose ahead of a Federal Reserve meeting, but the Nasdaq has pared gains sharply as technology stocks lost ground late in the session. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. In 3.21pm trading in NY, the Dow Jones Industrial Average rose 0.3 percent, while the Nasdaq Compos... [Full Article...]
RBI Considering to Introduce its Own Cryptocurrency Similar to Bitcoin
All Beijing-based cryptocurrency exchanges had to halt new user registration by midnight on Sept 15 and publicly notify users when they formally close, according to a policy document issued by local regulators this week. Countries like Russia, China and Estonia are said to be considering their own cryptocurrencies. The crackdown, as Deng said, will not spark market panic as the investors hav... [Full Article...]
Mattis Says Military Options Exist Against North Korea
But I will not go into details", Mattis told reporters at the Pentagon. North Korea has threatened to "sink" Japan into the sea and said Saturday that it sought military "equilibrium" with arch-enemy the United States by developing a full nuclear arsenal. [Full Article...]
Dominica braces for Hurricane Maria
A "potentially catastrophic" Hurricane Maria is now a Category 5 storm, packing 160 miles per hour winds - with even higher gusts - as it nears Dominica and takes aim at the U.S. Puerto Rico was spared the full brunt of Irma although much of the island had its power knocked out. "The government is prepared", Gov. Ricardo Rosselló said in a Facebook post , "and we ask of citizens preparation,... [Full Article...]