Saturday, 22 April 2017
Latest news
Home » Economy


Dick's Sporting Goods Inc (NYSE:DKS) Quarterly EPS Forecast At $1.3


Looking at the stock's movement on the chart, Dick's Sporting Goods, Inc . recorded a 52-week high of $62.80. Royal Bank of Canada upped their target price on shares of Dicks Sporting Goods from $66.00 to $68.00 and gave the stock an "outperform" rating in a report on Wednesday, November 16th. Read More »

Azerbaijan downs oil production under OPEC agreement

Oil prices, however, have been unusually stable since producers agreed in November to reduce the oversupply that has weighed on prices for more than two years, with both Brent and US crude locked in $5 ranges. One of the biggest questions in the oil market is how quickly and how much shale producers will boost output. After hitting a record high last week, hedge funds reduced wagers that U.S. Read More »

Texas taxpayers owed $115 million in refunds from 2013


The reason? These 20,200 people never filed their 2013 federal tax return. If you didn't file you're tax return in 2013, you are *NOT* guaranteed a tax refund. The midpoint for potential refunds for 2013 is estimated to be $763. Students and many others may not realize they're due a tax refund. They may also be used to offset unpaid child support or past due federal debts such as student loans. Read More »

Eurozone inflation above target for first time in 4 years


The increase has been mostly driven by higher energy prices (+9.2%) and partly by food prices (+5.2%). The ECB will remain wedded to its current monetary policy stance despite the further rise in Eurozone inflation to 2 percent and recent decent Eurozone economic news , IHS Markit Economist Howard Archer said. Read More »

New Trump order on travel and immigration expected Wednesday


The American people did not take the ban well, coming out in droves to protest the order at airports across the nation. A federal appeals court upheld the stay while the courts settle the legality of the ban. The officials spoke on condition of anonymity because they weren't authorised to discuss the order before it is signed. Four officials say the decision follows pressure from the Pentagon and State Department, the AP reported . Read More »

Case Shiller: Chicago Area Home Prices Show Strongest Gains In 30 Months


In inflation adjusted terms, house price gains were running at 3.8%, versus an average clip of 1.3% since 1975. Twelve cities reported greater price increases in the year ending December 2016 versus the year ending November 2016. New home sales at 555,000 in 2016 are up from recent years but remain below the average pace of 700,000 per year since 1990. "Looking at real or inflation-adjusted home prices based on the S&P CoreLogic Case-Shiller National Index and the Consumer Price Index, the ... Read More »

US Q4 Growth Unrevised at 1.9%


It is even more surprising that growth in the third quarter - when the economy was adversely affected on account of frictions from the currency swap - is also assumed to be nearly at par with the fourth quarter. Chief statistician T.C.A Anant said that it was hard to assess the full impact of demonetization. On the currency crunch impacting growth in fourth quarter of this fiscal and subsequently, Panagariya said, "Currency shortages which have impacted the transaction would be addressed by ... Read More »

1 for traffic congestion

Its Global Traffic Scorecard rated Bangkok the 12th most congested of all cities rated, considerably worse than 30th in 2015. Despite that, the new INRIX 2016 Traffic Scorecard is still the largest ever global study of congestion covering 1,064 cities.. Read More »

Stocks Push To Keep Record Streak Alive As Valuations Remain A Concern


The Standard & Poor's 500 index lost 5 points, or 0.2 percent, to 2,360. While the German DAX Index has edged down by 0.2 percent, the French CAC 40 Index is up by 0.2 percent and the U.K.'s FTSE 100 Index is just above the unchanged line. Some Fed officials were anxious that if interest rates stay too low, the expanding economy could cause inflation to rise too fast. FOMC minutes signal interest rates could rise faster than expected. Read More »

Exxon Mobil Corporation (NYSE:XOM), Ross Stores, Inc. (NASDAQ:ROST)

Lourd Capital LLC now owns 248,373 shares of the company's stock valued at $23,282,000 after buying an additional 1,113 shares during the last quarter. Exxon Mobil Corporation's dividend payout ratio is now 159.58%. The firm also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Read More »

Fair Work Commission slashes penalty rates

Trent Hunter a retail worker from Penrith and Evelyn Kathner who works at Spotlight in Campbelltown said the cuts would be devastating to them. While young people might be able to catch up with some areas of social life outside of the weekend, their parents and older family members are more likely to work in the week, making it hard to find time to spend together as a family. Read More »

French far-right presidential candidate's headquarters raided by police

French judicial police are questioning the bodyguard and chief-of-staff of far-right presidential candidate Marine Le Pen in relation to an investigation into alleged misuse of European Union funds, her lawyer has said. In a statement issued by the Dar al-Fatwa press office, they called her action as "inappropriate behavior" since she "refused to put on the veil, as it is known (to be required) when visiting Mufti Derian". Read More »

Toll Brothers beats and raises the low end of its deliveries forecast


TheStreet raised shares of Toll Brothers from a "hold" rating to a "buy" rating in a report on Monday, December 5th. The stock has added about 3.3% since it reported its last earnings. Price changes resulting from an earnings surprise can be felt immediately. The recent trading ended with the price almost -0.73 lower for the last 5 trading days, rebounding 28.06% from its 52-week low. Read More »

Tesla, Inc. Earnings: What to Expect From Gross Margin

Tesla watchers expect more details about the company's future plans and production schedule for another new vehicle, the Model 3. Without one-time items Tesla lost 69 cents per share. Wall Street will be eager to hear details on the Model 3, the all-electric mass-market auto that Chief Executive Elon Musk hopes to start producing in July and selling later this year. Read More »

Hot Stock of this Morning: Bristol-Myers Squibb Company (NYSE:BMY)

Samuels joined the board earlier this year at drugmaker Perrigo Co, which later struck a deal with activist Starboard Value LP two weeks ago to add 3 more directors. This represents a $1.56 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date of this dividend was Wednesday, January 4th. Bristol-Myers Squibb Company's dividend payout ratio (DPR) is now 58.87%. Read More »

How Does Cisco Systems, Inc. (CSCO) Stack Up Right Now?

Current price level places the company's stock about 0.97% from the 52-week high and 32.83% away from the 52-week low. This was one of the largest buyouts for Cisco Systems Inc in recent years. If you are viewing this article on another domain, it was stolen and republished in violation of USA and global trademark and copyright law. At the moment 35 analysts are watching Cisco Systems, Inc . Read More »

US Producer Prices Surge 0.6% in January

The increase in the inflation rate takes it closer to the Bank of England's target rate of 2%, which was last seen in December 2013. Almost half of January's monthly increase in the consumer price index was driven by rising fuel prices, with the gasoline index up nearly eight percent while costs for housing, clothing and new cars also rose, according to the Labor Department. Read More »

Seahawks won't lose draft pick for concealing Richard Sherman's injury

Seahawks head coach Pete Carroll later said at the end of the season for the team that Sherman was in fact dealing with "a significant knee injury" during the second half of the season. ESPN's Chris Mortensen reported in January Seattle faced the loss of a second-round draft pick as a worst-case scenario from the violation. He also played in the Pro Bowl, making an interception, which added to the team's defense that Sherman's injury was not one that ever put him in danger of missing any ... Read More »

Disney Beats Year-End Earnings Expectations, But Revenues Fall Short

He said other growth areas came from the United States entertainment giant's studio, which had three global hits, including " Rogue One: A Star Wars Story". Full-year sales forecasts are pegged at $57.42B, representing an increase of almost 3.22% over last fiscal year's revenues of $55.63B. On the Studio Entertainment front, as we get closer and closer to the Infinity War movies set to launch in 2018 and 2019 , consumer excitement surrounding the Marvel Universe should build. Read More »

Solar surge accounts for one in every 50 new U.S. jobs


The new report calculates that for total jobs, solar is now the second largest US energy industry, second only to oil and petroleum and considerably larger than coal . Compare that with the wages in other industries open to people without college-fast food, retail, home health-and you understand the kind of promise the solar industry holds for America. Read More »

European Union leaders launch scathing attack on Donald Trump

Speaking to reporters as he left the summit, Hollande said the USA should pick an envoy who believes in Europe. As if to underline the distance from the White House at which the European Union now finds itself, it was left to Theresa May, leader of the country that's exiting the alliance, to brief her counterparts. Read More »

Barclays PLC Cuts FireEye, Inc. (FEYE) Price Target to $10.00


FireEye, Inc . provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. For the first quarter, FireEye sees revenues at USD 160-166 million, billings at USD 130-150 million, an adjusted gross margin of 70 percent, an adjusted operating margin of negative 24-26 percent and an adjusted net loss per share of USD 0.26-0.28, plus cash flow from operations of negative USD 30-40 million. Read More »

State Police: Play and be safe on Super Bowl Sunday


In California, alcohol involved collisions led to 1,155 deaths and almost 24,000 serious injuries in 2014 because someone failed to designate a sober driver. If you're hosting, make sure your guests have a safe ride home. Eat plenty of food, take breaks and alternate with non-alcoholic beverages. Sonny McLean's (2615 Wilshire Blvd) is an Irish Pub that has earned a reputation for local Patriots fans who can enjoy the game on one of their 23 televisions. Read More »

Oil down on Wednesday as supplies remain plentiful amid OPEC-led cuts


Russian Federation joined other oil producers in an effort from the Organization of Petroleum Exporting Countries to pull markets back into balance after a glut brought crude oil prices to historic lows in early 2016. Increased supplies coming from the US run the risk of undercutting OPEC's effort to dry out the market. January's non-farm payroll data to come out of the US later today will be watched as a catalyst for late gold price movement today and Monday. Read More »

Wall Street welcomes Trump the deregulator


Trump reaffirmed his intention of reforming the law on Monday , promising to do "a big number on Dodd-Frank". "And there are a lot of Dodd-Frank rules that are subjective and so what one regulator would view as okay, another might say it's not okay". Read More »