Economy

Rite Aid Corporation (RAD) Earning Somewhat Positive News Coverage, Study Finds

About 12.91M shares traded. Cowen and Company restated an "outperform" rating and issued a $4.70 target price on shares of Rite Aid Corporation in a research note on Monday, July 3rd. More recent Diamond Offshore Drilling Inc (NYSE:DO) news were published by: Prnewswire.com which released: "Technical Insights on Oil & Gas Stocks - Concho Resources, Diamond Offshore ..." on July 19, 2017.

MoviePass is dropping subscription fees to $10 a month

It's unlikely many subscribers will go and watch a movie every single day, but they'll certainly visit several times a month, so how does MoviePass intend to generate a profit? The company has also sold a majority stake to data and analytics firm Helios and Matheson Analytics Inc.

Uber agrees to 20 years of privacy audits in FTC settlement

In late November 2015, Uber landed in hot water after an executive discussed the idea of digging up dirt on journalists critical of the company . At the time, Uber executive Emil Michael suggested Uber should spend millions of dollars to hire a team of opposition researchers to spread details of the personal life of Sarah Lacy with PandoDaily - a Silicon Valley site that has a rather contentious relationship with the ride service.

BidaskClub Downgrades Dick's Sporting Goods Inc (NYSE:DKS) to Strong Sell

The rating was maintained by Monness Crespi on Wednesday, March 8 with "Buy". As per buy-side analysts, moving averages work quite well in strong trending conditions, but often poorly in choppy or ranging conditions. Citigroup maintained it with "Buy" rating and $58 target in Tuesday, August 2 report. Ratings analysis reveals 67% of Dick's Sporting Goods's analysts are positive.

Citigroup Inc. Reiterates "Neutral" Rating for Endo International PLC (ENDP)

Endo International PLC ( ENDP ) traded up 0.461% during midday trading on Monday, reaching $7.625. The company reported $0.93 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.74 by $0.19. Endo International PLC has a 12 month low of $7.41 and a 12 month high of $24.93. The company exposed volatility of 8.70% over the past week and moving out to look at the previous month volatility move, the stock is at 5.22%.

Stock Buzz: Bank of America Corporation (BAC)

It has outperformed by 133.44% the S&P500. Korea Investment Corp who had been investing in Bank Of America Corporation for a number of months, seems to be bullish on the $240.55 billion market cap company. Therefore 70% are positive. As per Friday, September 9, the company rating was initiated by William Blair. Royal Bank Of Canada reiterated a "buy" rating and issued a $26.00 price objective on shares of Bank of America Corporation in a research note on Thursday, July 20th.

'Tiffany' rings cost Costco $19.4m

U.S. District Judge Laura Taylor Swain closed the book on the almost four-year old court case Monday, ruling [ PDF ] that Costco must pay Tiffany $11.1 million plus interest, as well as $8.25 million in punitive damages to resolve the case.

NBC5 Forecast: Rain chances drop, but high humidity is here to stay

Lawrence County. Lows through this period will be in the mid-70s with partly cloudy skies and lingering rain chances. Highs as we continue through the week will climb into the mid to upper 80s and lower 90s. Thursday night will be mostly clear and in the mid/ upper 70s. Thursday - A chance of showers and thunderstorms. A chance of showers and thunderstorms, mainly between 1am and 5 a.m.

Air Berlin files for insolvency, Lufthansa waits in the wings

Etihad, the United Arab Emirates' carrier, bought a 29 percent stake in Air Berlin in 2012 as a means of funneling European passengers through its Abu Dhabi hub. The German airline said in a statement that it had filed for insolvency with the court of Berlin-Charlottenburg after Etihad "notified Air Berlin PLC of the fact that it will not provide any further financial support to the Air Berlin group".

Retail sales impress with a boost from Amazon Prime Day

The Commerce Department said retail sales jumped 0.6% last month, the biggest increase since December. Flying under the radar was a notable adjustment in June sales to a 0.3% M/M gain from a 0.2% drop that raised some eyebrows at the time.

Amazon Offers Instant Pickup in Five Cities

Additional pickup spots will be rolled out in future months, Amazon said, mentioning its 22 pickup locations already built on or near college campuses nationwide. It's also testing out delivery drones in England for deliveries in 30 minutes or less. These include things that are often sold in high volume and quickly on Amazon.com, like phone chargers, snacks and drinks.

Invesco Quality Municipal Income Trust

It has underperformed by 20.28% the S&P500. The company has market cap of $163.82 million. The Trust's investment objective is to provide common shareholders with current income, which is exempt from federal income tax. Among 33 analysts covering Schlumberger Limited. ( NYSE:AVT ), 0 have Buy rating , 4 Sell and 5 Hold. The Money Flow Index creates a ratio of Positive Money Flow and Negative Money Flow over time and scales it to a number between 0 and 100.

Bill Gates makes $4.6 billion pledge - five% of his overall fortune

Since 1994 Mr Gates, 61, and his wife Melinda have given away a total of $35bn in cash and stocks to a range of charitable causes. The recipient of this very big gift is unspecified in the regulatory filing, but if past practice holds, it's likely the Bill & Melinda Gates Foundation, helping to fuel the philanthropy's work in US education and global health.

German growth slows slightly in second quarter

Illustrating the trend, Germany's statistics body lifted its quarterly growth estimate for the first quarter to 0.7%, or an annualized pace of 2.9%, from an earlier estimate of 0.6%. Data showed that domestic demand and capital formation showed positive contributions, while foreign trade had a downward effect on growth. A detailed GDP report is due August 25.

German growth slower, but still strong ahead of election

This was slightly weaker than the consensus forecast of 0.7 percent in a poll conducted among analysts by the news agency Reuters. Germany maintained its solid economic performance, despite an unexpected yet mild slowdown in the second quarter.

Here's everything you need to know about Home Depot's earnings

It has outperformed by 14.63% the S&P500. Home Depot said cash flow from operations rose by almost $1 billion year over year to $7.86 billion. The Leavell Investment Management Inc holds 49,452 shares with $6.63 million value, down from 53,903 last quarter.

Canadian Solar's (NASDAQ:CSIQ) "Hold" Rating Reiterated at Cowen and Company

They issued a "buy" rating and a $18.00 target price for the company. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/08/14/canadian-solar-inc-csiq-rating-increased-to-strong-buy-at-vetr-inc.html. ILLEGAL ACTIVITY WARNING: This article was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this story on another publication, it was illegally stolen and reposted in violation of USA and global trademark & ...

Berkshire Hathaway to file update on its stock portfolio

Berkshire Hathaway revealed those moves and several other changes to its US stock portfolio in a filing with the Securities and Exchange Commission on Monday. Berkshire officials don't generally comment on the quarterly filings or the reasons for their portfolio moves. Berkshire Hathaway decreased its holdings in IBM and Wells Fargo while increasing its BNY Mellon, General Motors and Apple positions.

Hurricane Gert is no threat to land; other systems moving off Africa

Hurricane Gert continued its trek northward early Tuesday, and forecasters said the storm should turn away from the East Coast later today. Hurricane Gert has become the second hurricane of the season in the Atlantic Ocean. Swells producing risky rip currents in the mid-Atlantic states will be possible as Gert moves by into early Wednesday morning. There are two other waves being monitored by the hurricane center on Tuesday.

Angry birds firm may lay IPO golden egg for founders

On average, public companies like Rovio, i.e King, have seen their share prices decline 18% relative to their initial IPO valuations. Carnegie Bank, Danske Bank and Deutsche Bank are among banks advising on a potential listing. Originally released as a mobile game in 2009, there are now 15 versions of the popular app. The company's first film in the franchise, released a year ago, made about $350 million in worldwide box-office sales.

Rail fares set for highest rise in five years

Labour shadow transport secretary Andy McDonald said: "With rail fares soaring ahead of wage growth, the Government simply can't justify allowing passengers to be ripped-off under privatised rail". He said: "The private operators and government say the rises are necessary to fund investment but the reality is that they are pocketing the profits while passengers are paying more for less with rail engineering work being delayed or cancelled , skilled railway jobs being lost and staff cut on ...

US Security Leaders Say North Korea War Not Imminent, But Danger Looms

While backing Trump's tough talk, USA officials including National Security Adviser HR McMaster played down the risk on Sunday of the rhetoric escalating into conflict. He assured North Korea of providing a better future by improving inter-Korean exchanges should Pyongyang choose to make "the right decision". But in the last few weeks, China has appeared to take measures to keep its bad-behaving neighbor in check.

CEOs of Under Armour, Intel & Merch quit Trump's manufacturing council

Trump lashed out at Frazier's decision on Twitter saying that Frazier will now "have more time to LOWER RIPOFF DRUG PRICES!" Under Armour's Kevin Plank became the second prominent CEO to back out of President Trump's manufacturing council Monday night.

China tightens noose on North Korea but warns Trump over trade

US President Donald Trump has repeatedly called on Beijing to increase economic pressure on North Korea as China is Pyongyang's biggest trade partner. China accounts for roughly 90 percent of North Korean trade but moved earlier in February to suspend North Korea's coal imports until the end of the year.

Stocks jump at the open as North Korea tensions ease a bit

In his latest warning to North Korea, U.S. President Donald Trump said on Friday military solutions were "fully in place" and referred to American weapons as being " locked and loaded " should the nuclear-armed nation act "unwisely". The company also said sales at its established stores declined for the fourth straight quarter. Brent crude, used to price worldwide oils, was down 35 cents to $51.55 a barrel in London.

Stocks slide on continued concern over tension between United States and North Korea

I'd look into energy, materials, industrials, tech and financials. The Swiss franc, the other traditional safety-play among currencies, has benefited too. "Pretty remarkable, perhaps even extraordinary, considering", said Tim Ash, strategist at fund manager BlueBay. United Kingdom mid-cap Dixons Carphone was the worst-performing, falling 7.6 percent after a top-rated Exane BNP Paribas analyst cut the retailer by two notches to "underperform", citing concerns about its mobile business.

Under Armour CEO Kevin Plank says he is leaving Trump's manufacturing council

After meeting with the president on the latter's first full day in office in January, Plank received some criticism in February, when he described Trump as "an asset". "There is no place for racism or discrimination in this world". He lashed out nearly immediately at Frazier, saying on Twitter that he will now "have more time to LOWER RIPOFF DRUG PRICES!" "At Under Armour, our diversity is our strength, and we will continue to advocate for policies that Protect Our House, our business, our ...

What Time & TV Channel Is the Seahawks-Chargers Game on Today?

The Seahawks reserves badly outplayed those of the Chargers in a 48-17 exhibition victory before a somewhat underwhelming crowd of 21,054 - about 6,000 less than capacity - in StubHub Center. The aptly-named Chris Carson scored on the next snap to put the Seahawks on top 27-14. Fans can listen in English on KGB-FM and KLSD AM (San Diego), KNWZ-AM (Palm Springs), KNWH-FM (Yucca Valley), KRLV-FM (Las Vegas), KRAK-AM (Victorville/Hesperia), KATY-FM (San Bernardino) and KPLY-AM (Reno).

Korea Tensions Weigh on Futures

Small-company stocks fell more than the rest of the market. NEW YORK , Aug 11 ( Reuters ) - Wall Street put a floor under global equities on Friday after a weak inflation reading brought investors back into US stocks even as tensions between the United States and North Korea continued to escalate, though the geopolitical fears still drove safe-haven buying of gold and the yen.

IShares MSCI Emerging Markets Indx

The most basic theory of this indicator is that if the price is above the cloud, the overall trend is bullish while below the cloud is bearish, and in the cloud is non-biased or unclear. The latest reading places the stock above the Ichimoku cloud which indicates positive momentum and a potential buy signal. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action.

LTFRB shuts down Uber for one month

Senator Paolo Benigno Aquino IV said the suspension is "punishing the riding public and the drivers who are earning from (Uber's) operation". It said the accredited peer-operators of Uber would not have suffered the current predicament "were it not for the predatory actions of respondent Uber".

Delorean's next vehicle is a flying one

The 20 foot long, 18.5 foot wide DR-7 will have four wings, with a design the company says is built like an F1 race auto. At the end of the 1985 movie, it didn't just speed off into the distance-it flew away after Doc Brown's infamous line, "Where we're going, we don't need roads".

United States stocks fall again on North Korea tensions

North Korea has made threats against the USA for years, but a recent military intelligence analysis found the country has developed the ability to build a small nuclear warhead that can reach the United States . The euro fell to $1.1791 from $1.1774. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is up by less than a basis point at 2.215%.

Exxon Mobil Corporation (XOM) Hits a New 52-Week High

The stock decreased 0.37% or $0.11 on August 11, reaching $29.28. About 8.77M shares traded. (NYSE:MATX) has declined 5.12% since August 14, 2016 and is downtrending. Fulton Bank Na invested 1.05% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Exxon Mobil Corporation (XOM ) waking on thin line between bulls and bears tracks and with several factors it's pulling towards optimistic side to some extend but some take to pessimistic side.

Pandora Names Sling TV Founder Lynch New CEO; Adds Snap Chairman

The new hires arrive as Pandora co-founder Tim Westergren departed his CEO post in June after SiriusXM acquired a 19% stake in the company and three seats on its board, Variety reports . Lynch is largely responsible for the creation and launch of Sling TV , the number one live OTT service in the US. Lynch said that as a lifelong musician and exuberant music fan, this is the flawless opportunity to combine his industry experience with his love for music.