Money

Islamic State used eBay to funnel money into US

Islamic State used eBay to funnel money into US Authorities have said Elshinawy told investigators he was to use the funds for "operational purposes" - a possible terrorist attack in the US, for instance - though he said he "never planned to carry out any attack", the Journal reported . [Full Article...]

Govt projects decrease in revenue expenditure to 85 pc in 2019-20

Govt projects decrease in revenue expenditure to 85 pc in 2019-20 It said the tax-GDP ratio will increase by 30 basis points in 2018-19 and 2019-20. The proportion of revenue expenditure in the total expenditure which is budgeted to be 85.6 percent in the current fiscal, is projected to be roughly the same in 2018-19 and decrease to 85 percent in 2019-20, according to the Medium-Term Expenditure Framework (MTEF) Statement tabled in the Lok Sabha on Thursday. [Full Article...]

Gateway Investment Advisers LLC Has $11.70 Million Position in ONEOK, Inc. (OKE)

Kentucky Retirement Systems acquired a new stake in shares of ONEOK during the fourth quarter valued at $877,000. Stonebridge Capital Management Inc. purchased a new stake in shares of Oneok Partners during the first quarter worth $243,000. [Full Article...]

Property adviser Savills cautious despite jump in profits

Property adviser Savills cautious despite jump in profits The property firm also revealed that its transaction advisory revenue was up 15 per cent due to strong performances in Asia, Europe and the United Kingdom commercial market. Overall revenues in the United Kingdom stood at £274.2m, up 7% on the same period a year ago. Weaker sterling, which fell in the wake of the European Union referendum in June a year ago, has also made United Kingdom real est... [Full Article...]

Haynes International, Inc. (NASDAQ:HAYN) Announces Quarterly Earnings Results

Shareholders of record on Friday, September 1st will be issued a dividend of $0.22 per share. Norges Bank purchased a new stake in shares of Haynes International during the fourth quarter valued at approximately $14,499,000. The basic materials company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.02. The company had revenue of $9... [Full Article...]

Gold logs best daily gain in 3 months on heightened geopolitical tensions

USA stocks closed lower on Tuesday after Trump's vow to respond aggressively to any North Korean threats triggered a late afternoon selling spree. Even so, the close was the highest in a month. South Korean shares, which have been among the strongest performers in the world so far this year, fell 1 percent, while the won sank around 0.6 percent to 1,134.5 to the dollar. [Full Article...]

Insider Trading at Estee Lauder Companies Inc

The firm has a market cap of $38.17 billion, a P/E ratio of 34.78 and a beta of 0.72. The shares were sold at an average price of $100.22, for a total value of $1,458,401.44. Dekabank Deutsche Girozentrale owns 167,308 shares. Braun Stacey Associates invested in 10,680 shares or 0.05% of the stock. Estee Lauder Companies, Inc. [Full Article...]

Axalta Coating Systems Ltd. (NYSE:AXTA) Trading Volume Significantly Higher

The specialty chemicals business posted $0.31 EPS (EPS) for the period, falling below Zacks' average forecast of $0.39 by $0.08. Jefferies Group also issued estimates for Axalta Coating Systems' Q4 2017 earnings at $0.47 EPS. Lastly, Susquehanna Bancshares assumed coverage on stocks of Axalta Coating Systems in a study report on early Tue, Jul 18th. Following the completion of the acquisition,... [Full Article...]

Petroleo Brasileiro SA- Petrobras (NYSE:PBR) closed with a change of -0.56%

It has outperformed by 22.86% the S&P500. Oxford Asset Management decreased Microstrategy Inc (MSTR) stake by 22.41% reported in 2016Q4 SEC filing. Petroleo Brasileiro S.A. PBR's profit would be $900.75M giving it 15.80 P/E if the $0.14 EPS is correct. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in PBR's price. [Full Article...]

USDA Drops US Corn Yield Slightly, Markets Drop

USDA Drops US Corn Yield Slightly, Markets Drop It was also reported that Taiwan's MFIG rejected all offers in a tender to buy 130,000 metric tons of corn . September wheat delivery went down 19 cents, or 4.13 percent to 4.405 dollars per bushel. Growers are expected to produce 1.29 billion bushels of winter wheat this year, down 23 percent from last year. For 2017-18, the US corn ending stocks is estimated at 2.27 billion bushels, com... [Full Article...]

Lloyds Banking Group PLC's (LON:LLOY) "Buy" Rating Reaffirmed at Investec

Lloyds Banking Group Plc (NYSE:LYG)'s price sits -1.65% off from its 50-day moving average of $3.54 and 4.66% far from the stock's 200-day moving average which is $3.5. has agreed to buy back the newly issued shares of Class A common stock upon issue directly from Fifth Third Bank at a price of $64.04 per share, the closing share price of the Class A common stock on the New York Stock Exchange on... [Full Article...]

Hearing in Penn State pledge's death stretches into 5th day

Hearing in Penn State pledge's death stretches into 5th day This story will be updated as the hearings continue throughout the day Thursday. Of the 18, two waived their right to appear at the preliminary hearings, which began in June. Security camera footage inside the frat house recorded the response of fraternity leaders and other members as they dealt with the injured and intoxicated new fraternity brother with a series of efforts. [Full Article...]

National Oilwell Varco, Inc. (NYSE:NOV) Cut to Strong Sell at BidaskClub

National Oilwell Varco ( NYSE NOV ) traded down 1.49% during trading on Monday, reaching $30.35. It has underperformed by 4.73% the S&P500.The move comes after 8 months positive chart setup for the $11.68 billion company. (NYSE:NOV) or 213,875 shares. Becker Capital Management Inc decreased Keycorp New Com (NYSE:KEY) stake by 47,107 shares to 1.45M valued at $26.49 million in 2016Q4. [Full Article...]

Flotek Industries, Inc. (NYSE:FTK) Trading Volume Significantly Higher

Flotek Industries, Inc. (NYSE:FTK) Trading Volume Significantly Higher The firm earned "Perform" rating on Wednesday, October 7 by Oppenheimer. (NYSE:FTK) traded down 2.45% on Thursday, hitting $5.96. FTK was included in 10 notes of analysts from July 27, 2015. Wells Fargo & Company MN now owns 82,643 shares of the oil and gas company's stock valued at $1,057,000 after buying an additional 19,350 shares during the period. [Full Article...]

Fidelity National Financial Inc. Holds Stake in Targa Resources, Inc. (NYSE:TRGP)

About 373,633 shares traded. The stock declined 0.31% or $0.14 reaching $44.72 per share. It has underperformed by 98.53% the S&P500. Cushing Asset Management Lp increased Targa Res Corp ( TRGP ) stake by 0.83% reported in 2016Q4 SEC filing. [Full Article...]

North Korea tensions send dollar to eight-week low vs. yen

North Korea tensions send dollar to eight-week low vs. yen Pacific territory of Guam. The Swiss franc and Japanese yen are often sought in times of geopolitical tension or global financial stress, partly because both countries have big current account surpluses. Japan is the world's biggest creditor nation and there is an assumption Japanese investors may repatriate their foreign holdings in times of heightened global uncertainty. [Full Article...]

Constellium NV (NYSE:CSTM) Position Maintained by Glenmede Trust Co. NA

The market capitalization of the company is at $941.02 Million. Relative Strength Index (RSI) was 74.42. RSI oscillates between zero and 100. Usually the RSI is considered overbought when above 70 and oversold when less than 30. EPS breaks down the profitability of the company on a single share basis. A moving average (MA) is a trend-following or lagging indicator because it is based on past pri... [Full Article...]

Gold up for fourth straight session on North Korea tensions

Gold up for fourth straight session on North Korea tensions The positive earnings helped lift USA stocks to record highs. The Dow Jones Industrial Average's (DJIA) nine-day streak of record-high closes is over, and the VIX (purple line) popped up late Tuesday after tensions flared between the USA and North Korea . [Full Article...]

Patterson-UTI Energy Inc

Shares of Patterson-UTI Energy (NASDAQ PTEN) traded down 2.43% during mid-day trading on Thursday, reaching $16.87. Finemark Comml Bank And has invested 0% in Patterson-UTI Energy, Inc. Sir Capital Management L.P., a New York-based fund reported 480,983 shares. Ftb Advisors Incorporated owns 2,409 shares. Tiaa Cref Investment Management stated it has 294,533 shares or 0.01% of all its holdings. [Full Article...]

Fmr LLC Raises Stake in WEC Energy Group, Inc. (WEC)

Fmr LLC Raises Stake in WEC Energy Group, Inc. (WEC) FMR LLC owned 0.06% of WEC Energy Group worth $11,241,000 at the end of the most recent reporting period. Other institutional investors have also bought and sold shares of the company. On average, equities research analysts predict that WEC Energy Group will post $3.11 EPS for the current year. Shareholders of record on Monday, August 14th will be paid a $0.52 dividend. [Full Article...]


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