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Markets

The pound tanked against the dollar following the news, falling 0.7% to 1.38 United States dollars. Gross domestic product grew only 0.1 percent in the first quarter, the weakest since the fourth quarter of 2012. The pound weakened further against its major counterparts following the data. The data also dashed market expectations for growth of 0.3 percent. Despite the weak data, UK GDP has now grown in 21 consecutive quarters, with the last fall coming during the post-Olympic economic ...
  • Anthem (ANTM) to Issue $0.75 Quarterly Dividend

    Anthem (ANTM) to Issue $0.75 Quarterly Dividend

    Markets

    It has outperformed by 107.58% the S&P500.The move comes after 7 months positive chart setup for the $18.29B company. Anthem , Inc. ( ANTM)'s distance from 200 day simple moving average is 6.32 percent, its distance from 50 day simple moving average is -0.58 percent, while its distance from 20 day simple moving average is 1.46 percent.
  • Is It Time To Hold Stock? SAExploration Holdings, Inc. (SAEX)

    Markets

    The stock's short float is around of 0.89% and short ratio is 2.98. The Dow rose 59 points, or 0.4%, to 24,083. The 200 day moving average may be the grand-daddy of moving averages. The important thing to remember about trends is that prices rarely move in a straight line. The 50-day moving average is a popular technical indicator which investors use to analyze price trends of Deere & Company.
  • Southwest Stock Down with Reservations After Fatality

    Southwest Stock Down with Reservations After Fatality

    Markets

    Earnings surged 23% to 75 cents per share in Q1, beating estimates by a penny, as revenue climbed 6% to $10.4 billion, compared to views for $10.412 billion. sell-side analysts expect that Southwest Airlines will post 4.85 EPS for the current year. Its quick ratio for most recent quarter is 0.60 along with current ratio for most recent quarter of 0.70.
  • Woman who accused Russell Simmons of rape drops lawsuit

    Woman who accused Russell Simmons of rape drops lawsuit

    Markets

    According to Rolling Stone Jarosik claims that the two knew each other for a decade before she visted Simmons' home in Los Angeles . One woman who made such a claim and filed a lawsuit seeking $5 million in damages saw her case dismissed, which sometimes signals something was worked out behind doors.
  • Cloud Growth Propels Microsoft to Revenue Gains

    Cloud Growth Propels Microsoft to Revenue Gains

    Markets

    We delivered double-digit revenue and operating income growth driven by 58% growth in our commercial cloud revenue . Intelligent Cloud hit $7.9B (+15%). In this division, Windows OEM revenue increased 4% and Windows commercial products and cloud services reported an increase in revenue of 21%. Gross margin was 13%, with Microsoft investing in Gaming , Search and AI engineering.
  • First Financial Bank - Trust Division Stake In Intel (INTC) Was Increased

    First Financial Bank - Trust Division Stake In Intel (INTC) Was Increased

    Markets

    World Investors reported 221.49 million shares or 2.22% of all its holdings. On Wednesday, January 31 RENDUCHINTALA VENKATA S M sold $880,540 worth of Intel Corporation (NASDAQ: INTC ) or 17,946 shs. On Tuesday, December 13 the stock rating was initiated by Loop Capital with "Buy". The stock of Blackbaud, Inc. Its up 432.14% from 2,800 shares previously.
  • Were Analysts Bullish Savills plc (LON:SVS) This Week?

    Were Analysts Bullish Savills plc (LON:SVS) This Week?

    Markets

    About 2.01M shares traded or 7.79% up from the average. Weyco Group, Inc. (NASDAQ:WEYS) has risen 19.58% since April 26, 2017 and is uptrending. It has underperformed by 21.58% the S&P500. 978,860 were accumulated by D E Shaw Commerce. Allsquare Wealth Mngmt holds 10,800 shares. Shareholders of record on Thursday, April 5th were issued a dividend of GBX 30.17 ($0.42) per share.
  • Amazon's profit more than doubles in first quarter

    Amazon's profit more than doubles in first quarter

    Markets

    Operating income guidance (Q2): $1.1 billion to $1.9 billion. Global sales increased 34% to $14.9 billion, with an operating loss of $622 million. Analysts had expected the company to earn $1.27 per share, according to figures compiled by Thomson Reuters.
  • Valero Energy (VLO) Expected to Announce Earnings of $0.95 Per Share

    Markets

    VLO outperformed the S&P500 by 27.77%. The firm has a market cap of $2,924.53, a PE ratio of 14.62, a P/E/G ratio of 1.30 and a beta of 0.83. Tiedemann Wealth Management Llc, a New York-based fund reported 550,523 shares. Gateway Investment Advisers Ltd Limited Liability Company holds 0.05% or 69,343 shares in its portfolio. Guggenheim Capital Ltd Limited Liability Company holds 6,886 shs or 0% of its capital.
  • Irish prime minister: Progress on border needed by June EU summit

    Irish prime minister: Progress on border needed by June EU summit

    Markets

    Such a move may mean Northern Ireland could undermine the European Union and become a hub for businesses wanting to bypass Brussels rules, with no border checks to stop them exporting goods and services to mainland Europe. Mrs May is set to face calls from leading Brexiteers Boris Johnson, David Davis and Liam Fox to abandon her preferred form of a customs deal with the European Union, according to The Times .
  • Wells Fargo & Company (NYSE:WFC) Stock Is Shorted Less

    Markets

    WFC underperformed by 19.30% the S&P 500. Northern Capital Management Llc decreased its stake in Wells Fargo & Co ( WFC ) by 50.19% based on its latest 2017Q4 regulatory filing with the SEC. It also upped Ishares Tr (EEM) stake by 8,693 shares and now owns 22,807 shares. Since December 7, 2017, it had 0 insider purchases, and 42 insider sales for $1.47 billion activity.
  • Piper Jaffray Reiterates $75.00 Price Target for Heinz (NASDAQ:KHC)

    Markets

    It is calculates as Net Profit/No. of Shares Outstanding. Analysts forecast 1.19 % diference or $0.83 from the $0.84 EPS from 2017. The value there would make it reasonable for the investors to decide the dimensions of Walmart Inc. UBS maintained The Kraft Heinz Company (NASDAQ: KHC ) on Friday, October 13 with "Buy" rating. The 20-day SMA may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less lag than the longer-term moving ...
  • Isom, Jr. Sells 5000 Shares of American Airlines Group Inc (AAL) Stock

    Isom, Jr. Sells 5000 Shares of American Airlines Group Inc (AAL) Stock

    Markets

    It has $20.44 billion MC. Over the last week of the month, it was -0.13%, -21.62% over the last quarter, and -12.02% for the past six months. About 6,323 shares traded. 66 funds bought stakes and 118 increased stakes. 371.06 million shares or 2.48% less from 380.49 million shares in 2017Q3 were reported. Harris Assocs Lp owns 2.02M shares.
  • Hit-and-run deaths hit record high, says AAA

    Hit-and-run deaths hit record high, says AAA

    Markets

    A new study released shocking new numbers on hit-and-runs . OH ranked 8th for the highest number of hit-and-run crashes involving at least one fatality in 2016. "This is a growing traffic safety challenge and trend that is moving in the wrong direction", said Michael Blasky, spokesman for AAA Northern California .
  • QB Josh Allen embroiled in controversy for racially offensive tweets

    QB Josh Allen embroiled in controversy for racially offensive tweets

    Markets

    In an appearance on ESPN's First Take , New York Giants safety Landon Collins said that Allen would have to address the tweets with his new teammates. "It sucks. My family is hurting". Bohl adds in his statement: "We wish him all the best on his big night". One NFL source told NJ Advance Media the top drafting teams were doing due diligence without really being interested.