Markets
Peeing Dog Statue That Took Aim at 'Fearless Girl' Removed
Alex Gardega couldn't get over the statue's placement directly in front of the iconic Wall Street Charging Bull statue - as a powerful message about gender diversity in the workplace. Gardega adds that his dog was also meant to make a point on behalf of sculptor Arturo di Modica , who created the Charging Bull statue that stands opposite of Fearless Girl . [Full Article...]
Consumer Confidence Is Down for Second Straight Month
Americans were slightly less optimistic about the economy in May, although confidence remained high. The confidence index decreased to 117.9 points from 119.4 in April, defying analysts' expectations, but a central component, the Present Situation Index, added a modest 0.4 points to 140.7. [Full Article...]
The Top Three Holders Of Citizens Financial Group, Inc. (NYSE:CFG)
It has outperformed by 34.26% the S&P500. Sometimes it may seem like it, but analysts don't just pull their price targets out of thin air. Furthermore on 4/21/17 PiperJaffray "Upgrades" the stock to Overweight at $0. Finally, BMO Capital Markets started coverage on Citizens Financial Group in a research report on Thursday, May 25th. The stock has "Sell" rating by Zacks on Thursday, September 3. [Full Article...]
Connecticut teachers, students protest DeVos' comments
She said she had spoken to a young man from East Hartford named Michael who told her in part the high school was "nothing more than an adult day care". Protesters outside the school had no interest in being the poster child for her campaign. DeVos said Michael told of being constantly bullied, afraid to even go to the lavatory, "and the constant fear made him hate school". [Full Article...]
Amtrak releases service changes for Penn Station repairs
Amtrak's Crescent service usually runs between New York City and New Orleans but will now only only go between the Big Easy and Washington DC, officals said. Changes to the Empire service to Albany will be announced later. There has been an nearly 3 million passenger increase in just over 10 years. The busiest rail hub in the nation, Penn Station is a web of more than 20 tracks, the mos... [Full Article...]
Amazon's stock tops $1000 for the first time
After going in public in May 1997 at $18 a share, Amazon has benefited from tectonic shifts in U.S. technology and consumer shopping habits that are expected to continue to remake the retail industry. Although, Alphabet , parent of Google, is closing in on the $1,000 price level as well with a market cap of $680 billion. When a company gets as expensive as Amazon , she believes it should consi... [Full Article...]
Checking in on Signals for iShares Select Dividend ETF (DVY)
Welles Wilder. Checking out the Value Composite score for iShares Trust - iShares Core S&P Mid-Cap ETF (ARCA:IJH), we notice that the stock has a current rank of 48. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period. [Full Article...]
Consumer spending rebounds in April
April's increase was the biggest since December, alleviating worries over an initial slowdown in the first quarter of the year and easing concerns about second-quarter economic growth going forward. The core PCE index also rose 0.2% on the month which was above consensus expectations of a 0.1% increase for the month. "We anticipate 1.5 percent will mark the low on core PCE inflation and continue... [Full Article...]