Markets

BidaskClub cut New York Mortgage Trust from a "buy" rating to a "hold" rating in a research report on Tuesday, August 1st. Moreover, State Street has 0% invested in New York Mortgage Trust Inc (NASDAQ: NYMT ) for 2.33M shares. The stock ended last trade at $73.80 a share and the price is up more than 24.18% so far this year. Advsr Asset Mngmt holds 0.37% in PennyMac Mortgage Investment Trust (NYSE:PMT) or 1.21 million shares.
  • VW and Google team up on quantum computers

    Markets

    In addition to improving the flow of traffic, VW wants to see whether quantum computing can be used to coordinate the use of parking spaces and electric auto charging stations. Volkswagen already funds a broad range of science projects through a research foundation, while Google's parent company has fingers in all manner of science-infused pies.
  • Cabot Oil & Gas Corporation (NYSE: COG)

    Cabot Oil & Gas Corporation (NYSE: COG)

    Markets

    BMO Capital Markets maintained the shares of COG in report on Friday, September 1 with "Buy" rating. About 256,011 shares traded. Key Group Holdings Cayman Ltd decreased Cabot Oil & Gas Corp ( COG ) stake by 50.23% reported in 2017Q2 SEC filing.
  • Govt legalised black money through demonetisation: Tharoor

    Govt legalised black money through demonetisation: Tharoor

    Markets

    He further averred that the decision did not bring "Acche Din" as promised by the Prime Minister and this why they are observing "black day". DMK men wore black shirts, while women supporters, besides leaders like Kanimozhi, were clad in black sarees.
  • M&S profits up but revises food strategy

    M&S profits up but revises food strategy

    Markets

    Clothing sales were flat in the first half of the year. The clothing and home unit saw a 5.3% increase in revenue, due to pricing strategies and fewer promotions, while the food business was up 4.4%, driven by new stores. "In Clothing & Home early results are encouraging and in global we now have a profitable and robust business". Amid struggles in the division, the group said a year ago its 300 clothing stores would be closed, moved or remodelled to remove excess space.
  • Ajit Agarkar: India should look beyond MS Dhoni for T20s

    Ajit Agarkar: India should look beyond MS Dhoni for T20s

    Markets

    Countering the criticism directed towards his good friend, he clarified that unless a suitable replacement is found for Dhoni. After hitting Shane Watson for back to back sixes , MSD perished to a rocket throw from Maxwell and with him perished the hopes of India of defending the World Cup title.
  • Singapore Airlines Reports Stronger Second Quarter

    Markets

    Another bright spot for the airline was its cargo division which reported an operating profit of $26 million, from a loss of $11 million in the same quarter previous year. Boeing 777-200s are being withdrawn from service as Airbus A350s are delivered. "The Group's three-year transformation programme is progressing on track, with the first wave of initiatives, each with detailed action plans, underway", SIA said.
  • Fat finger error locks up $280 million worth of popular cryptocurrency

    Fat finger error locks up $280 million worth of popular cryptocurrency

    Markets

    These wallets require more than one user to enter their key before funds can be transferred. By calling a function from within Parity's wallet library, a wallet owner could turn a normal single-owner wallet created with Parity's wallet contract library code into a multi-signature wallet and take over ownership of it.
  • NASA is working with Uber on its flying taxi project

    NASA is working with Uber on its flying taxi project

    Markets

    He said Uber is putting some of its own money into the project, developing software, while other investors are also involved, such as aircraft manufacturers that are developing the vehicle and real estate companies that are providing so-called "skyports" where people will catch their airborne taxi.
  • Markets reel under profit booking again as Sensex slips further 150 points

    Markets reel under profit booking again as Sensex slips further 150 points

    Markets

    Profit-booking by funds and retail investors, rising crude oil prices, heavy fall in pharma stocks led by Lupin, and DII selling aided the downtrend. On closing basis, the wider Nifty50 of the National Stock Exchange declined by 101.65 points, or 0.97 per cent, to 10,350.15 points. European markets were also trading in the positive zone.
  • MP calls on UK Government to embrace Real Living Wage

    MP calls on UK Government to embrace Real Living Wage

    Markets

    It is separate from the government's compulsory National Minimum Wage (NMW) and the National Living Wage (NLW). The strikes were timed to highlight the release of the Living Wage Foundation's new recommendations on pay-£10.20 an hour in London and £8.75 outside London.
  • Analyst Scores Summary: Cisco Systems, Inc. (CSCO), Kinder Morgan, Inc. (KMI)

    Markets

    The stock declined 2.18% or $0.6 reaching $26.91 on the news. The volume of CSCO witnessed a shift from 12.78 million shares, based on a 50-day average, to 19.53 million shares. FactSet Research Systems Inc. had 29 analyst reports since September 22, 2015 according to SRatingsIntel. (NASDAQ: CSCO ). Beach Inv Counsel Inc Pa invested in 0.11% or 32,909 shares.
  • Don't expect too many changes to Reserve Bank

    Don't expect too many changes to Reserve Bank

    Markets

    We appreciate that part is largely a pro-forma nod to Labour's coalition agreement with New Zealand First and the very negative views Mr Peters has of the modern and open New Zealand economy. Mr Stephens said the Reserve Bank and Treasury would prepare a list of the central bank's functions to be reviewed, including its macroprudential policy.
  • Bank of America Corporation (BAC) Upgraded by Vetr Inc

    Markets

    It has underperformed by 2.90% the S&P500. Umb Bank N A increased Bank Of America Corporation (BAC ) stake by 81.03% reported in 2017Q2 SEC filing. ( NASDAQ:HAS ), 7 have Buy rating, 0 Sell and 11 Hold. As per Wednesday, December 21, the company rating was upgraded by Atlantic Securities. Investors sentiment decreased to 0.88 in 2017 Q2.