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Sales of newly built, single-family homes in September rose 18.9 percent to a seasonally adjusted annual rate of 667,000 units from an upwardly revised August reading, according to newly released data by the U.S. The consensus estimate from a survey of economists expected a rate of around 555,000. Activity was also hampered by Hurricanes Harvey and Irma, which weighed on homebuilding in September and hurt sales of previously owned homes in the South.
  • Akamai Technologies, Inc. (NASDAQ: AKAM)

    Markets

    OLD Mutual Customised Solutions Proprietary Ltd. now owns 2,332 shares of the technology infrastructure company's stock valued at $139,000 after purchasing an additional 1,032 shares in the last quarter. The firm had revenue of $621.00 million for the quarter, compared to the consensus estimate of $610.66 million. Revenue during the quarter was $34.3 million, representing 1% growth from $33.95 million in year-ago quarter.
  • Hong Kong and Singapore joins forces on blockchain trade finance platform

    Hong Kong and Singapore joins forces on blockchain trade finance platform

    Markets

    Hong Kong and Singapore, which have vied for supremacy as financial technology hubs over the past couple of years, have now made a decision to join forces. Chan said the agreements were part of the HKMA's wider smart banking initiative which he launched last month. Shilton, however, said he was confident that in Hong Kong's case this would happen.
  • Moon Congratulates Abe on Election Victory

    Moon Congratulates Abe on Election Victory

    Markets

    During their 30-minute telephone talks, Trump told Abe it is important for a strong leader to gain firm public support, according to a senior Japanese government official. After a landslide election win for his party, Japanese Prime Minister Shinzo Abe on Monday made the military threat from North Korea and his country's aging population top priorities.
  • AT&T Earnings Not Enough For Investors

    AT&T Earnings Not Enough For Investors

    Markets

    That compares with the $40.9 billion in revenue and earnings of 74 cents a share the company earned in the corresponding period past year. That was partially offset by 296,000 net adds for the DirecTV Now service. Once the deal closes, AT&T's head of entertainment John Stankey will run Time Warner. During the quarter there were 3.0 million total wireless (prepaid and postpaid) net subscriber additions, with 2.3 million in the USA, driven by connected devices.
  • Analysts Sights: Tandem Diabetes Care (TNDM)

    Markets

    For the week, the stock is performing 9.77%. A total volume of 0.49 million shares were traded versus to average volume of 0.42 million shares. The company exchanged hands with 3215037 shares compared to its average daily volume of 352.90K shares.
  • KeyCorp Equities Analysts Increase Earnings Estimates for Steel Dynamics, Inc. (STLD)

    Markets

    The Average True Range is an investor tool used to measure stock volatility. (NASDAQ: STLD ) or 77,274 shares. RBC Capital Markets maintained the shares of RRC in report on Thursday, July 20 with "Buy" rating. (NASDAQ: STLD ) or 99,807 shares. (NASDAQ: STLD ) for 4,800 shares. More notable recent Steel Dynamics, Inc . (NASDAQ: STLD ) traded up 0.88% during midday trading on Tuesday, reaching $39.17.
  • Freeport-McMoRan Inc. Earnings Ahead: Quick Glance

    Freeport-McMoRan Inc. Earnings Ahead: Quick Glance

    Markets

    It was reported on Oct, 24 by Barchart.com. Weatherly Asset Management Ltd Partnership has invested 0.28% of its portfolio in Freeport-McMoRan Inc (NYSE: FCX ). RBC Capital Markets has "Hold" rating and $1400 target. Investors sentiment decreased to 1 in Q2 2017. Its up 0.11, from 1.07 in 2017Q1. Shares of Altria Group, Inc .
  • GlaxoSmithKline plc (GSK) Rating Reiterated by Shore Capital

    Markets

    The UK's biggest drugmaker has lagged behind rivals in producing multi-billion-dollar blockbuster products in recent years. The Return on Equity (ROE) value stands at 204%. GlaxoSmithKline plc has a 52-week low of GBX 1,444.00 and a 52-week high of GBX 1,724.50. The stock's market capitalization is GBX 73.93 billion. Renaissance Technologies LLC increased its position in shares of GlaxoSmithKline PLC by 112.1% during the second quarter.
  • Lloyds Bank announces rising profits

    Lloyds Bank announces rising profits

    Markets

    Underlying profit for the period nudged up from £1.9 billion to £2 billion and Lloyds raised its financial targets for 2017. Asset quality remains strong, reflecting our prudent approach to risk, while the United Kingdom economy remains resilient'.
  • Laptops will soon be banned in check-in luggage at airports

    Markets

    The reason for banning the personal electronic devices in the check-in luggage is because if any device catches fire in the cargo of an aircraft, the cabin crew will not get to know about the same until the fire spreads and the alters in the cockpit ring.
  • United Kingdom economy beats expectations with 0.4% growth in third quarter

    Markets

    The services sector, which accounts for the majority of the United Kingdom economy "continued to drive GDP growth", the Office for National Statistics said on Wednesday. The U.S. notched up its best performance in two years in the second quarter, growing by an annualized 3.1%, while the 19-nation eurozone expanded at double the rate recorded by the U.K.
  • Intl Fcstone Inc. Purchases Shares of 7189 Time Warner Inc. (TWX)

    Markets

    Rockefeller Financial Services Inc. grew its holdings in Time Warner by 37.8% in the third quarter. The stock declined 0.54% or $0.54 reaching $100.8 on the news. The Firm operates through two divisions: Athletic Stores and Direct-to-Customers. It has a 19.06 P/E ratio. The Firm is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.
  • Treasury Disputes Arbitration Rule's Costs, Benefits

    Treasury Disputes Arbitration Rule's Costs, Benefits

    Markets

    Ahead of the Senate's expected vote on Tuesday, Sen. Richard Cordray , director of the consumer bureau, said: "Tonight's vote is a giant setback for every consumer in this country". "As a result, companies like Wells Fargo and Equifax remain free to break the law without fear of legal blowback from their customers". Consumers groups have used both cases as a rallying cry against arbitration clauses, which Wells Fargo and Equifax both use.