Markets

Comcast Corporation (CMCSA) is projected to achieve earnings per share (EPS) growth of 166.10% for this year while EPS growth expected to touch 10.61% for next year. CMCSA share have rallied by 0.25% in percentage terms since the start of the year - and retreated -0.82% in the last month. Delta Asset Ltd Tn reported 862 shares.
  • China can have its own Falcon Heavy, rocket scientist says

    China can have its own Falcon Heavy, rocket scientist says

    Markets

    Not only did the launch go as planned, but the first stage boosters landed safely and can potentially be reused. As the council, which was reconstituted under Trump, convenes, one major question it will have to grapple with is: "How can we best spend our resources as a nation to ensure the most robust space portfolio we can?" said Phil Larson, an assistant dean at Colorado University at Boulder and a former spokesman at SpaceX.
  • Lindsey Vonn's dog is now an incredible Olympics meme

    Lindsey Vonn's dog is now an incredible Olympics meme

    Markets

    Gold medal-winning Olympic athlete Lindsey Vonn will get into Pyeonchang , South Korea for the 2018 Winter Olympics later than expected. "She's usually in the hotel room whenever I'm racing", Vonn said. Vonn's grandfather, Don Kidlow, passed away in November at the age of 88 and the American is hoping to do him proud on her Olympic swansong. I wish you hadn't said it.
  • BoE's Broadbent: further rate hikes within a year shouldn't be 'great shock'

    BoE's Broadbent: further rate hikes within a year shouldn't be 'great shock'

    Markets

    On Thursday, the Governor of the Bank of England , Marc Carney , signalled that an interest rate rise would be brought forward to respond to recent economic developments. Latest releases pave the way for an interest rate hike in May, Paul Hollingsworth, an economist at Capital Economics, said. This helped the pound rally above $1.40 and put United Kingdom stocks under some pressure as observers speculated a rate hike from the current 0.5% will come as soon as May.
  • Topic of the Day: Are you concerned about the Dow decline?

    Markets

    The Dow is up 24 percent over that time, the S&P 500 18 percent. "In January, we talked about fear of missing out". Jim Citro, vice president of investments and branch manager at Stifel in Quincy, said his advice to nervous clients who called him this week about the wild swings in the stock market was simple.
  • Dow Jones sinks 4 percent in volatile trading

    Dow Jones sinks 4 percent in volatile trading

    Markets

    Ireland's benchmark Iseq overall index followed suit and finished 1.58 per cent weaker, with Glenveagh, down 2.5 per cent, and CRH, down 3.06 per cent, among the losers on the index. The uptick in volatility comes as investors react to the shifting conditions. "We all know that", said White House spokesman Raj Shah. "This isn't a collapse of the economy".
  • Duke Realty Corporation (DRE)

    Markets

    The stock decreased 2.05% or $0.52 during the last trading session, reaching $24.85. Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day. Proshare Limited Liability Com stated it has 186,095 shares. What do the analysts think? Monarch Prns Asset Mngmt Limited Liability holds 389,030 shares or 1.08% of its portfolio.
  • Tesla turns to Model Y, as Model 3 slowly exits "production hell"

    Markets

    Tesla reported negative free cash flow of $276.7 million, compared with $1.4 billion in the previous quarter, and $969.8 million in the fourth quarter a year ago. As CNBC has reported, due in part to problems at Tesla's Gigafactory near Reno, Nevada. After all, the Model 3 starts at about half the price of the Model S and Model X .
  • Dow turns 567-point loss into 567-point gain as stocks rally

    Dow turns 567-point loss into 567-point gain as stocks rally

    Markets

    Monday's drop saw Dow Jones fall by 1,175 points, erasing numerous gains from the start of the year. Bulls are saying that strong United States corporate earnings, including a boost from President Donald Trump's tax cuts, will result in the continued growth of United States stock indices.
  • BC premier to make minimum wage announcement

    BC premier to make minimum wage announcement

    Markets

    These recommendations were brought forward by the Fair Wages Commission , after tasking the group to consult with communities across the province. Surrey MLA and Minister of Labour Harry Bains says putting more money in workers' pockets means "more money to spend and support our local economy".
  • Dow Jones hit by worst fall since financial crisis of 2008

    Markets

    Federal Reserve will tighten monetary policy. That raised the alarm about higher inflation and, with it, potentially higher interest rates. Over the past week, stock markets around the world have lost about $US4 trillion from the global sell-off - which is about 44 times more than Bill Gates' total wealth.
  • GBPUSD Surges on Hawkish Bank of England

    GBPUSD Surges on Hawkish Bank of England

    Markets

    The RBI once again took a neutral stand with the interest rates over the US Federal Bank rate. The Reserve Bank of India had reduced the benchmark lending rate by 0.25 percentage points to 6 per cent in August, bringing it to a 6-year low.
  • Wall Street sinks again as bond yields rise

    Wall Street sinks again as bond yields rise

    Markets

    All of the Nasdaq's gains for 2018 were also wiped out. "Is there more inflation down the road than we're expecting?" The downturn may have been accelerated by the widespread use of exotic, leveraged securities that lose value when market volatility spikes, as it has in recent days.
  • Dow plunges more than 1000 points as volatile trading continues

    Dow plunges more than 1000 points as volatile trading continues

    Markets

    On Wednesday, however, most global stock indices showed signs of recovery, providing some respite to investors. And as you might imagine, the increased prevalence of computer-driven program trading has made markets more susceptible to sudden corrections than ever before.
  • NY tech workers stung by expensive housing market

    NY tech workers stung by expensive housing market

    Markets

    Other interesting stats from the report are around which cities pay tech workers the most (San Francisco at $142K on average), what type of tech companies pay the most (transportation companies pay $20K above the average) and how the average tech worker's salary plateaus after age 45.
  • Auto Expo 2018: Honda unveils X-Blade and 2018 models

    Auto Expo 2018: Honda unveils X-Blade and 2018 models

    Markets

    More details will be shared soon, but it is confirmed that the vehicle, alongside the all-new CRV and the new Honda Civic will be launching this fiscal year. Annual passenger vehicle sales in India crossed 3 million units past year and the country is expected to become the world's third-largest auto market by 2020, trailing only China and the United States.