Markets

About 4,750 shares traded. The stock of Alibaba Group Holding Ltd (NYSE: BABA ) earned "Buy" rating by Stifel Nicolaus on Thursday, September 10. It has outperformed by 40.63% the S&P500. The stock of Alibaba Group Holding Ltd (NYSE: BABA ) has "Buy" rating given on Friday, August 18 by UBS. The rating was maintained by Axiom Capital with "Buy" on Wednesday, October 28.
  • Stocks May Open Lower Following Monthly Jobs Report

    Stocks May Open Lower Following Monthly Jobs Report

    Markets

    Economists polled by Reuters had expected jobs to rise by 90,000. Factory orders rose 1.2% in August, more than the expected 1% increase. The Labor Department said a sharp decline in employment food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Harvey and Irma.
  • Marvell Technology Group Ltd. (MRVL) 15.24% off from 200- SMA

    Markets

    The stock of Marvell Technology Group Ltd . (NASDAQ: MRVL ) earned "Sell" rating by Citigroup on Wednesday, October 28. The company reported its EPS on 7/30/2017. Jefferies has "Buy" rating and $4300 target. The firm has "Buy" rating given on Friday, April 8 by Cleveland. As per Monday, August 21, the company rating was maintained by B.
  • PPO Above Signal on Shares of Blackrock New York Muni Trust (BQH)

    Markets

    Alternately, if the indicator goes below -80, this may point to the stock being oversold. The ATR may assist traders with figuring out the strength of a breakout or reversal in price. Taking a deeper look into the technicals, at the time of writing, the 14-day ADX for Invesco Trust New York Muni (VTN) is standing at 30.65. Despite the name, CCI can be used on other investment tools such as stocks.
  • Reading the Tea Leaves for Rite Aid Corporation (RAD)

    Reading the Tea Leaves for Rite Aid Corporation (RAD)

    Markets

    Zacks Investment Research raised shares of Rite Aid Corporation from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 29th. Looking further, the MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price. Rite Aid had 20 analyst reports since August 6, 2015 according to SRatingsIntel.
  • Cambria Investment Management LP Trims Position in Applied Materials, Inc. (AMAT)

    Cambria Investment Management LP Trims Position in Applied Materials, Inc. (AMAT)

    Markets

    Pinnacle Bank acquired a new stake in shares of Applied Materials during the first quarter worth approximately $113,000. The company has market cap of $55.03 billion. The ratio is simply calculated by dividing current liabilities by current assets. Alphaone Investment Service Lc accumulated 135,400 shares. Invesco reported 3.43 million shares stake.
  • Hurricanes Expected To Knock 100000 Jobs Off The Next Jobs Report

    Hurricanes Expected To Knock 100000 Jobs Off The Next Jobs Report

    Markets

    Today's report reflects data collected form two major surveys, the Current Population Survey (CPS or "household survey") and the Current Employment Statistics survey (CES or "establishment survey"). "It's unclear how impacted businesses were in Houston and Florida", said Bank of America Merrill Lynch senior US economist Joseph Song. The Federal Reserve closely monitors both labor market growth and the pace of inflation when it considers monetary policy decisions.
  • US Jobless Claims fall 12000 to 260000

    US Jobless Claims fall 12000 to 260000

    Markets

    UBS economist Sam Coffin expects that 55,000 jobs were lost in the month because of the storms, and many from Irma-related evacuations. Employers added 1.2 million jobs during Donald Trump's first seven months in office, compared to 1.4 million jobs added during President Obama's last seven months in office.
  • Jobless claims drop 12000 to 260000 last week

    Jobless claims drop 12000 to 260000 last week

    Markets

    Economists polled by Reuters had estimated initial claims to be 265,000 in the latest week. While the US job market's solid run in 2017 was probably curbed last month by forces most economists couldn't predict, any weakness is likely to be short-lived.
  • US Weekly Jobless Claims Drop More Than Expected To 260000

    US Weekly Jobless Claims Drop More Than Expected To 260000

    Markets

    They would follow on the heels of August's disappointing employment growth, which economists blamed on a seasonal quirk. While Hurricane Maria hit Puerto Rico and the U.S. Harvey made landfall on August 25, while Irma struck September 10. The economy grew at a 3.1 percent rate in the second quarter. Blame Harvey and Irma .
  • GRAPHIC: Mother charged with homicide after son set on fire

    GRAPHIC: Mother charged with homicide after son set on fire

    Markets

    Investigators learned he had been set on fire with the use of an accelerant. An open bottle of cooking oil was also discovered in the bathroom. A dead pet guinea pig that had been suffocated in its pen was likewise found beside the tub, the station detailed.
  • Facebook announces new data center plans

    Facebook announces new data center plans

    Markets

    Virgia governor Terry McAuliffe today announced Facebook will spend $750 million to establish a 970,000-square-foot data center in the White Oak Technology Park in Henrico County. It is in the midst of a large US expansion with data centers under construction in Texas , Ohio and New Mexico . The latter is made possible by a renewable energy tariff agreement between Facebook and major power company, Dominion Energy.
  • O'Leary urges pilots to remain with Ryanair

    O'Leary urges pilots to remain with Ryanair

    Markets

    The airline blamed the flight fiasco on its own mistaken decision to force its pilots to take their remaining annual leave before the end of this year, rather than by the end of the financial year next March. In the correspondence, dated today and addressed to all Ryanair pilots, Mr O'Leary said he was writing to apologise personally to each of them for the disruptions experienced to rosters as a result of the rostering management failure in recent weeks.
  • UK politics - Amber Rudd urges Prime Minister May not to resign

    UK politics - Amber Rudd urges Prime Minister May not to resign

    Markets

    Letters also fell off a sign behind the Prime Minster during the speech . There are ministers who see this as an opportunity to move against their leader. A source in May's Downing Street office told Sky News that " resignation is not an issue " for May, meaning that she is not considering leaving her post.