Economy

Black Unemployment Rate at 6.6%, Sharply Above National Average

Black Unemployment Rate at 6.6%, Sharply Above National Average Many employers have said how hard it is to find qualified workers. The Fed's preferred inflation measure, the personal consumption expenditures price index excluding food and energy, was up 1.9 percent year-on-year in March after a 1.6 percent rise in February . [Full Article...]

Waymo self-driving van involved in Arizona crash

Waymo self-driving van involved in Arizona crash It swerved sharply before crashing into the driver's side of the Waymo vehicle. According to Tyler, the Honda swerved to get away from a third vehicle that appeared, causing the collision. "There was an occupant in the Waymo vehicle sitting in the driver's seat, who sustained minor injuries", he added. Police in Arizona are now investigating the crash, which occurred fewer than two months afte... [Full Article...]

KL to Singapore is the busiest airline route in the world

KL to Singapore is the busiest airline route in the world The world's busiest air route, bar none, is between Seoul and a tiny island off the coast of South Korea. Outside of Asia, New York's LeGuardia and Toronto Pearson with 16,956 flights topped the list. The highest on-time performance among Asian routes was Kansai-Taipei with 83 per cent, followed by Bangkok-Singapore (80 per cent) and Incheon-Kansai (78 per cent). [Full Article...]

Volkswagen's ex-CEO charged in United States for diesel cheating

Volkswagen's ex-CEO charged in United States for diesel cheating The charges contradict the German carmaker's steadfast insistence that no members of its management board were involved in the emissions fraud. The scandal has so far reportedly cost the auto giant as much as $30 billion in criminal fines, class-action settlements and environmental remediation. [Full Article...]

Goldman Sachs to set up Bitcoin Trading Desk

Goldman Sachs to set up Bitcoin Trading Desk Yared is among the people in charge of overseeing the creation of Sachs' trading operation. Goldman executive Rana Yared said the decision resulted from a growing number of inquiries from clients that indicated interest in holding bitcoin as an alternative asset. [Full Article...]

Axa Has $191.65 Million Holdings in Qualcomm (QCOM)

About 2.63 million shares traded. QCOM traded up $0.21 on Wednesday, reaching $54.99. Southwest Airlines Co. (NYSE:LUV) has risen 7.20% since May 3, 2017 and is uptrending. The stock of Endo International plc (NASDAQ:ENDP) earned "Hold" rating by Stifel Nicolaus on Tuesday, January 2. The rating was maintained by Keefe Bruyette & Woods on Friday, November 10 with "Buy". [Full Article...]

Why are gas prices surging across Kentucky?

Why are gas prices surging across Kentucky? An average of $2.76 a gallon would translate into an additional $190 spent on fuel by the average USA household this year compared to last. A state-by-state analysis showed Monday is the best day to buy gas in Wisconsin, and Friday is the worst . [Full Article...]

Kids Are Drinking Deadly Nicotine Liquid That Looks Like Sweet Treats

Kids Are Drinking Deadly Nicotine Liquid That Looks Like Sweet Treats Federal regulators warned 13 e-cigarette makers and sellers Tuesday that they need to change the packaging that markets the tobacco products to children and has led to some children accidentally drinking liquid nicotine. "These are preventable accidents that have the potential to result in serious harm or even death". The FDA says it might file injunctions or seize products if the companies do... [Full Article...]

CEO caught singing 'We're in the Money' as Walmart deal lifts shares

CEO caught singing 'We're in the Money' as Walmart deal lifts shares The deal will enable investment to be made in areas which are expected to benefit most customers in terms of price, quality, range and creating flexible ways to help continue customers shopping in stores and through digital channels. They will need to decide if the combined business will generate efficiencies that will be passed on to consumers through lower prices, or simply set in motion a wav... [Full Article...]

Will Under Armour, Inc(NASDAQ:UAA) beat analysts view ?

Will Under Armour, Inc(NASDAQ:UAA) beat analysts view ? It is pertinent to note that the levels of 70 and 30 needs to be adjusted according to the inherent volatility of the security in question. The Volatility 6m is 24.719500. During the same quarter in the previous year, the company earned $0.23 earnings per share . The ERP5 of ABM Industries Incorporated (NYSE:ABM) is 4548. [Full Article...]

Peel Hunt Downgrades Card Factory (LON:CARD) to Hold

Investors sentiment decreased to 0.86 in 2017 Q4. It has underperformed by 6.35% the S&P500. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. [Full Article...]

BP profits jump 71% in Q1 2018 on rising oil prices

BP profits jump 71% in Q1 2018 on rising oil prices In late morning deals, BP shares gained 1.0 percent to 543.40 pence on London's FTSE 100 index, which stood 0.3 percent higher at 7,532.06 points. The last time the company's share price was at that level was in the immediate aftermath of the Deepwater Horizon explosion in April 2010. [Full Article...]

DotDigital Group Plc (LON:DOTD) Ratings Summary on April 30, 2018

DotDigital Group Plc (LON:DOTD) Ratings Summary on April 30, 2018 About 11.38M shares traded. The shares were acquired at an average cost of GBX 29 ($0.40) per share, with a total value of £18,125 ($25,278.94). Broadview Advisors Llc, a Wisconsin-based fund reported 300,142 shares. The stock rating was maintained by JP Morgan with "Neutral" on Wednesday, January 24. JP Morgan maintained Bodycote plc (LON:BOY) rating on Tuesday, May 31. [Full Article...]

Amazon to open a new Vancouver office in 2022

Amazon to open a new Vancouver office in 2022 The old Canada Post building at 349 West Georgia Street will be redeveloped into Amazon Canada's new Vancouver headquarters, Prime Minister Justin Trudeau announced today (April 30) alongside Amazon VP, Alexandre Gagnon . "Folks across the country are ready to take on the jobs of tomorrow and help companies like yours (Amazon) shape the future - a future where innovation drives economic g... [Full Article...]

Gould Asset Management LLC CA Lowers Position in Merck & Co. (MRK)

Flow Traders Us Llc increased its stake in Credit Suisse Ag/Nassau (ZIV) by 489.05% based on its latest 2017Q4 regulatory filing with the SEC. It also increased its holding in Electronic Arts (NASDAQ:EA) by 95,886 shares in the quarter, for a total of 1.94M shares, and has risen its stake in Gilead Sciences (NASDAQ:GILD). [Full Article...]

Royal Dutch Shell plc (RDS.A) Analysts See $1.14 EPS

Royal Dutch Shell plc (RDS.A) Analysts See $1.14 EPS The 52 week range is a simple technical indicator that lists the highest and lowest price at which a security was sold over preceding 52 weeks (or one year). RDS_A's profit would be $5.15B giving it 15.59 P/E if the $1.14 EPS is correct. Analyst recommendation for this stock stands at 2.3. Shares of RDS.A traded down $0.82 on Thursday, reaching $70.30. [Full Article...]

Exxon Mobil Corporation (NYSE:XOM) Reports 1Q18 Earnings Below Street View

Exxon Mobil Corporation (NYSE:XOM) Reports 1Q18 Earnings Below Street View The stock has Return on Assets (ROA) of 5.7 percent. Exxon Mobil had 20 analyst reports since November 7, 2017 according to SRatingsIntel. It has underperformed by 20.84% the S&P500. Adage Cap Ptnrs Gp Limited has 2.04M shares. Centurylink Investment reported 62,023 shares or 1.83% of all its holdings. Moreover, Regent Invest Management Ltd Liability Co has 0.3% invested in Exxon Mobil Corporat... [Full Article...]

Pound stumbles to 7-week low after UK GDP significantly disappoints

Pound stumbles to 7-week low after UK GDP significantly disappoints Our initial estimate shows the United Kingdom economy growing at its slowest pace in more than five years, with weaker manufacturing growth, subdued consumer facing industries and construction output falling significantly. In a statement, the Shadow Chancellor said: "Today's disappointing GDP figures further confirm that continued Tory austerity cuts are weakening growth". [Full Article...]

International Business Machines Corporation (IBM)

The company has market cap of $208.56 million. The stock increased 2.66% or $1.77 during the last trading session, reaching $68.43. Vanguard Group Inc. First Personal Finance Svcs has invested 0.01% in Tractor Supply Company (NASDAQ:TSCO). Forbes J M And Llp invested in 0.14% or 4,074 shares. Dreman Value Management L L C owns 185 shares. [Full Article...]

Q1 adjusted earnings of $3.64 per share

Q1 adjusted earnings of $3.64 per share About 18.88 million shares traded or 33.85% up from the average. Since April 25, 2017 BA has risen 82.35% and is uptrending. Steinberg Global Asset Management lifted its stake in Boeing (NYSE:BA) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). [Full Article...]


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