Economy

Zacks Investment Research Downgrades BHP Billiton plc (BBL) to Hold

Keybank National Association OH now owns 42,001 shares of the mining company's stock worth $1,503,000 after buying an additional 215 shares during the period. Jefferies now has a GBX 1500.00 price target on the 69.85 billion GBP market cap company or 25.00% upside potential. BHP Billiton Limited has a 1-year low of $25.75 and a 1-year high of $41.79.

Northstar Group Inc. Buys 182 Shares of Starbucks Co. (SBUX)

About 4.53M shares traded. About shares traded. Daily Journal Corporation (NASDAQ:DJCO) has risen 6.00% since April 18, 2017 and is uptrending. It has by 0.00% the S&P500. Shares of Starbucks Corporation (SBUX ) touched the day high at $60.3239 while its day Low was at $59.55. The stock notched a 12-month high of $64.87 while $71.00 target is by far the most aggressive out of analysts who are now evaluating the company, $6.13 higher than the next highest 52-week price estimate.

Western Digital Corp Sees Unusually Large Options Volume (WDC)

Several brokerages have recently issued reports on WDC. Reilly Financial Advisors LLC increased its position in Western Digital Corp by 49.8% in the first quarter. It has a dividend yield of 2.32%. Relative strength index (RSI-14) for Western Digital Corporation (WDC ) is at 51.27. Annaly Capital Management, Inc.

Rhythmone (LON:RTHM) Receives Buy Rating From Numis Securities Analysts

Jefferies maintained the shares of WPG in report on Wednesday, March 9 with "Buy" rating. TH Capital maintained Halcon Resources Corporation (NYSE:HK) rating on Monday, August 31. TH Capital has "Buy" rating and $2.75 target. Peel Hunt maintained GB Group plc (LON:GBG) on Wednesday, April 19 with "Buy" rating. Sahney Vinod Kumar bought $48,525 worth of stock or 2,500 shares.

Baker Hughes Incorporated (BHI) PT Lowered to $67.00

About 660,297 shares traded. The company's past year sales total was 2.41 Billion. It has a 107.7 P/E ratio. The Company also provides products and services for other businesses, including downstream chemicals, and process and pipeline services.

Microsoft warns: Ransomware cyber-attack a wake-up call

Over the weekend, a malicious global cyber attack which locks computers and holds users' files for ransom, hit over 75 countries, with one Australian company so far likely to be one of those targeted. Oliver Gower, of the UK's National Crime Agency, added: "Cyber criminals may believe they are anonymous, but we will use all the tools at our disposal to bring them to justice".

Cisco cuts 1100 jobs as earnings disappoint

Following the announcement, Cisco shares slumped more than 5 percent in after-hours trading. Cisco said it plans to recognize hundreds of millions of pretax charges related to the restructuring, which will end around the first quarter of the 2018 fiscal year.

Texas lawmakers move closer to banning texting while driving

He said he is pleased with the current version and has the votes needed in the House to accept the changes without needing a conference committee. Without any further discussion, House Bill 62 passed the Senate with a 23-8 vote. "If you just save one, to me, it's worth it". Taylor, in arguing for his amendment, made what have become familiar arguments about the difficulty of enforcing the bill and the bill's lack of a prohibition on other driver distractions such as "eating a hamburger" ...

Texas pair accused of stealing hearse with body inside

The driver of the hearse, a contractor for Daniel & Sons Funeral Home in Bryan, said he temporarily left the vehicle unattended in the parking lot. The hearse was later found in the Edge community northwest of Bryan and a man and a woman were taken into custody.

Nathan's, Curtis hot dogs recalled for metal in packages

The recalled beef hotdogs were shipped to retailers nationwide. Nathan's hot dogs can be purchased at several local locations including Fred Meyer, Safeway, and Walmart. There are no confirmed reports of adverse reactions or injuries from consumption of the products have been reported. The Curtis brand is in a 16-ounce package with a use-by date of June 15, 2017.

Rouhani takes lead in Iran presidential election

After some strong exchanges during the election campaign, Rouhani called on the powerful Revolutionary Guards security force not to become involved in the vote by showing support for Raisi, who had supreme leader Ali Khamenei's patronage, and is regarded a preferred successor for the most important man in Iranian politics.

Warren Buffett's one-word answer for why he hasn't purchased Amazon shares

In 2015, Buffett's Berkshire Hathaway (BRK-A) worked with Brazilian private equity firm 3G to merge Heinz with Kraft Foods. "Autonomous vehicles widespread would hurt us", the 86-year-old investor said. When a protester from Germany delivered a long speech decrying Coke, sugar and capitalism itself, Buffett said he would continue to drink his favorite beverage, Cherry Coke.

Sinclair Pharma PLC (SPH) Receives Consensus Recommendation of "Buy" from Brokerages

The Company's operating business units include Mining and, Exploration and Production International. Aetna Inc now has $46.91B valuation. This is -13.34 % from the last stock close price. The firm earned "Neutral" rating on Monday, December 5 by BNP Paribas. On Tuesday, September 15 the stock rating was upgraded by BNP Paribas to "Neutral".

UP: Start here for our comprehensive coverage of the federal budget

Bank executives will also face tougher penalities for misconduct under a tough new new Banking Executive Accountability Regime, which will require all executives to be registered with the regulator. The Turnbull Government announced the end of the troublesome Medicare rebate freeze which has been forcing up the cost of GP visits and threatening the spread of bulk billing.

Constellation Brands Inc (NYSE:STZ-B) Under Analyst Spotlight

Blackrock Gru invested in 0.1% or 1.38M shares. 216 shares were traded on Constellation Brands Inc's last session. (NYSE:STZ). Voya Invest Management Limited Com holds 66,726 shares. STZ has been the subject of a number of research analyst reports. 03/21/2017 - JP Morgan began new coverage on Constellation Brands Inc giving the company a " rating.

Donald Trump Arrives in Saudi Arabia for Arab Islamic American Summit

The honor has also been bestowed to Russian President Vladimir Putin, British Prime Minister Theresa May and Trump's predecessor, Barack Obama. Trump will address the leaders of Arab and Muslim nations in Saudi Arabia on Sunday. Russia's Interfax news agency on Saturday quoted Lavrov as saying he had not discussed Comey with Trump. Then-first lady Laura Bush generally went without covering her head, though she once briefly donned a headscarf that she received as a gift.

Putin congratulates Rouhani on victory

Voters fill in their ballots while voting for the presidential and municipal councils election at a polling station in Tehran, Iran, Friday, May 19, 2017. Russian Federation is a key ally for Iran, with Russian Federation supplying Tehran with weapons including the S-300 mobile long-range missile system.

USA first lady ignores Trump criticism and shuns headscarf

It was a more favorable welcome than had been granted a year ago to Trump's predecessor, Barack Obama , who was seen in the Arab kingdom as soft on Iran and hesitant on Syria. Saudi Arabia was opposed to the deal the Obama administration helped strike with Iran to curtail its nuclear program. Unlike the Obama administration, which distanced itself from authoritarian leaders and took a moral stance against the human rights violations that in many cases fueled resentment and extremism, Trump ...

Optimism ahead of OPEC meeting drives further gains for oil

But market watchers are growing more confident that OPEC, Russia and other big producers will extend cuts of nearly 1.8 million barrels per day (bpd) until the end of March 2018. Russian Federation and three or four non-Opec countries were attending Friday's technical meeting, a different source said. The Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russian Federation have pledged to cut production by nearly 1.8 million barrels per day (bpd) during ...

Trump arrived in Riyadh on first foreign tour

It will also bolster the Saudi Arabia's "ability to contribute to counter-terrorism operations across the region, reducing the burden on the United States military to conduct those operations", the official added. The following tweet is being re-tweeted aplenty in the wake of Melania choosing to not wear a head scarf in Saudi Arabia, just like Mrs. Obama. President Donald Trump is preparing for a busy day of meetings in Saudi Arabia.

In Saudi Arabia, Trump seeks to move past domestic troubles

Shortly after arriving Trump took to Twitter to express his delight at being in the kingdom. Obama is stopping in Saudi Arabia on his way back to Washington from India to pay his condolences over the death of King Abdullah and to hold bilateral meetings with King Salman.

Insider Activity for Investors: Skechers U.S.A., Inc. (SKX)

Price targets reflect what the analyst believes a stock will be worth four quarters into the future. Facebook , Inc. (NASDAQ:FB) and Skechers U.S.A., Inc. Tower Research Capital LLC TRC raised its position in shares of Skechers USA by 430.9% in the first quarter. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S.

Sweden drops Assange case, but he's still wanted by London police

The Australian, who has lived inside the embassy for nearly five years, said the "road is far from over", adding it was "extremely regretful" he was still being threatened with arrest if he leaves the embassy. One of Julian Assange's legal advisers wants the Turnbull government to intervene and help the WikiLeaks founder. In October, WikiLeaks releases another 400,000 classified military files chronicling the war in Iraq.

Shadow Brokers threaten to release new exploits, including for Windows 10

The hacking group that says it facilitated the WannaCry ransomware attack has threatened to leak a new wave of hacking tools it claims to have stolen from the National Security Agency. The NSA has not commented on Shadow Brokers since the group emerged a year ago, or on the contents of past leaks or Friday's ransomware attack. "Heck, at this point, Shadow Brokers doesn't even need to have this exploit (though I'm guessing the NSA and Microsoft both may be erring on the side of caution at this ...

New Russia probe leaks threaten to derail Trump's foreign trip

Trump and his wife Melania, who dressed conservatively in black but did not cover her hair, walked side-by-side to the tarmac where they both shook hands with Saudi King Salman. Gerges, a professor of worldwide relations at the London School of Economics. "Will be strongly protecting American interests - that's what I like to do!" Traveling with the Trump team will be dozens of USA business leaders, including the heads of JPMorgan Chase, Citigroup, Dow Chemical and General Electric.

The Biased Media Are Incapable Of Treating Trump Fairly

The study also looked at three European news outlets - the Financial Times in Great Britain, the BBC, and Germany's ARD - and found that "European reporters were more likely than American journalists to directly question Trump's fitness for office".

Comparing Price Charts: Incyte Corporation (INCY), Sangamo Therapeutics, Inc. (SGMO)

BMO Capital Markets reaffirmed an "outperform" rating and issued a $149.00 price target (up previously from $135.00) on shares of Incyte in a research note on Thursday, February 16th. Following the transaction, the executive vice president now owns 44,614 shares of the company's stock, valued at approximately $5,318,434.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link .

Be vigilant along China border: Rajnath Singh to forces

The Indo-Tibetan Border Police Force (ITBP) guards this border and has established 173 Border Out Posts (BOPs). He stressed upon the development of model villages and said that innovative and concrete proposals would be taken up. Putting light on the review meeting of infrastructure development work on Indo-China border, Union Home Minister Rajnath Singh on Saturday said the relationship between the two neighbours was good, which has led to the reduction of "friction" between them.

Ciena Corporation (NYSE:CIEN) Under Analyst Spotlight

They now have a Dollars 26 price target on the stock. As per Wednesday, August 26, the company rating was upgraded by Raymond James. 15, 2017, the great number of shares disposed came courtesy the Sr VP Chief Technology Officer; ALEXANDER STEPHEN B disposed a total of 2,500 shares at an average price of $23.7, amounting to approximately $59,250.

Some of Google's New Features Seem ... Familiar

You can retain a minimized window of something you are watching and carry on with other activities like sending a mail or messaging. I don't really know what Kotlin is besides the fact that it's a programming language , but the developers in the Google I/O crowd seemed STOKED that it will soon be supported on Android.

Mercedes-Benz enters residential solar market

Mercedes-Benz just set up shop in the US in November. It has teamed up with Utah-based Vivint Solar for this goal. Daimler unveiled its Mercedes-branded home battery pack a year ago, but this new deal with Vivint will enable them to distribute it more widely in the US.

Macron elected French president: estimates

Le Pen, 48, had portrayed the ballot as a contest between Macron and the "globalists" - in favour of open trade, immigration and shared sovereignty - and her "patriotic" vision of strong borders and national identities. "I will do everything I can over the next five years to ensure that people no longer have any reason to vote for extremes", he said. The 34% that Le Pen won is double the support her father attracted when he campaigned on an ultraright National Front ticket in 2002.

U.S. household debt hits record high

Last in 2008, household debt started to drop and continued for 19 straight quarters, a period that is unprecedented in which many people across the US stayed away from any new borrowing. The $132 billion in originations was down from the fourth quarter but up from the same period a year earlier. Household debt has been increasingly shifting toward older and more creditworthy borrowers, Fed researchers said.

Dollar Troubles Persist as Yen Gains Amid U.S. Political Turmoil

The S&P 500 financial sector tumbled more than 2 percent, led by losses in Bank of America (Swiss: BAC-USD.SW - news ) and JPMorgan (LSE: JPIU.L - news). The Dow fell 372 points, or 1.78 percent, to close at 20,606, while the S&P lost 43 points, or 1.82 percent, to hit 2,357, marking both indices' worst single-day performance since September 9.

Trump arrives at Royal Court for welcome event

President Donald Trump is stepping off Air Force One in Saudi Arabia to begin his first global trip since taking office. But uproar in Washington threatened to cast a long shadow over the trip. After Saudi Arabia, Trump will head to Israel and the Palestinian Territories where he hopes to revive the moribund peace process. Poll results showed on Saturday that Iranians had emphatically re-elected President Hassan Rouhani, architect of Iran's still-fragile detente with the West.