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Markets

The report also cited the potential need for an effort on the same scale as the Marshall Plan, when the United States spent billions to rebuild Western Europe after World War II. The growth in employment required to replace jobs lost will come partly through automation itself, as new workers will be needed to man the machines, and from the increased economic growth and productivity that the new automation would generate through larger profits by companies and an increase in wages.
  • Tesla Inc (NASDAQ:TSLA) has analysts on the Bullish side this week

    Tesla Inc (NASDAQ:TSLA) has analysts on the Bullish side this week

    Markets

    Primecap Com Ca invested in 1.21M shares or 0.38% of the stock. Of Vermont accumulated 1,829 shares. It has underperformed by 19.00% the S&P500. It last reported revenues of $3.17 billion and EPS of $1.11 for the September 2017, representing -7% top-line growth and 1.05 EPS growth.
  • AT&T, Time Warner Extend Merger Agreement to April Amid DOJ Lawsuit

    AT&T, Time Warner Extend Merger Agreement to April Amid DOJ Lawsuit

    Markets

    AT&T disclosed the extension of the merger-termination date in an 8-K filing Tuesday with the SEC. AT&T pointed to Netflix, which intends to spend $17 billion over the next few years on streaming content. Time Warner and AT&T estimate that the trial will take 10 days, and called a delay beyond February 20 "unwarranted and unfair". Responding in a filing to the District Court of Washington, D.C ., AT&T argued that the Department of Justice is ignoring the flood of tech cash into the online ...
  • Case for raising rates in Dec 'coming together': US Fed nominee

    Case for raising rates in Dec 'coming together': US Fed nominee

    Markets

    He strongly hinted that the Fed is likely to raise rates at its December meeting to a range of 1.25 to 1.5 percent (up from a range of 1 percent to 1.25 percent now), saying that "help is on the way" for savers who are exhausted of getting nearly no interest on the money in their savings accounts.
  • United States court upholds Trump admin takeover of Consumer Financial Protection Bureau

    United States court upholds Trump admin takeover of Consumer Financial Protection Bureau

    Markets

    The battle between two supposed directors of the Consumer Financial Protection Bureau is making for compelling optics but only seems to be delaying a tidal shift at the powerful consumer watchdog. English's attorney, Gupta, formerly the bureau's senior litigation counsel, argued that English properly took over under an explicit plan of succession set out by the Dodd-Frank law when it created the CFPB, providing for a deputy to serve as acting director until a successor is confirmed.
  • Home Price Growth Gained Momentum in September

    Home Price Growth Gained Momentum in September

    Markets

    The September 10-City index increased 0.48% to 217.27 after rising 0.39% to 216.23. Seattle, Las Vegas, and San Diego reported the highest year-over-year gains among the 20 cities. Average home prices for September remain comparable to their levels in the winter of 2007. "Most economic indicators suggest that home prices can see further gains", Blitzer said.
  • Airbus, Rolls-Royce and Siemens to develop hybrid passenger plane

    Airbus, Rolls-Royce and Siemens to develop hybrid passenger plane

    Markets

    The European aircraft manufacturer said it is building on its small two-seater hybrid-electric plane, the E-Fan Plus, which debuted in summer 2016 at the EAA AirVenture Oshkosh air show in Wisconsin. The three companies said in a joint press release that these ambitions can not be met by current technologies and that hybrid-electric propulsion is the most promising solution.
  • Airline group IAG opens Paris base for Level

    Markets

    Level started in Barcelona in March to compete with other long-haul budget airlines such as Norwegian Air Shuttles and Wow Air. In addition to the NY and Montreal routes, Level will fly from Paris Orly to the French Caribbean destinations of Guadeloupe and Martinique.
  • Livforsakringsbolaget Skandia Omsesidigt Has $238000 Position in Ball Co. (BLL)

    Markets

    The stock decreased 5.96% or $0.35 on November 24, reaching $5.52. Ball Corporation (NYSE: BLL ) has risen 12.13% since November 27, 2016 and is uptrending. 136,161 are owned by Fred Alger Mgmt. Willow Creek Wealth holds 70,430 shares. Whittier Tru Co Of Nevada Inc accumulated 1,400 shares. Adirondack Trust holds 0% or 120 shares.
  • Analyst's Predictions on Overstock.com, Inc. (OSTK), Walgreens Boots Alliance, Inc. (WBA)

    Analyst's Predictions on Overstock.com, Inc. (OSTK), Walgreens Boots Alliance, Inc. (WBA)

    Markets

    The Piotroski F-Score of Walgreens Boots Alliance, Inc . Commonwealth Bank of Australia now owns 46,167 shares of the pharmacy operator's stock valued at $3,614,000 after purchasing an additional 26,893 shares during the period. The best measure of a company is its profitability, for without it, it can not grow, and if it doesn't grow, then its stock will trend downward. The institutional ownership of Noble Energy, Inc.
  • The Mizuho Reiterates "Neutral" Rating for Enbridge Energy Partners, LP (EEP)

    Markets

    It is down 14.00% since November 27, 2016 and is uptrending. It has underperformed by 28.03% the S&P500. New York-based Clearbridge Investments Limited Liability has invested 0% in Gray Television, Inc. Cbre Clarion Ltd Liability has 22,938 shares. 18,059 are held by Westwood Grp Inc Inc. During the same period last year, the firm posted $0.09 EPS. analysts predict that Enbridge Energy, L.P.
  • KeyCorp Analysts Give Cabot Oil & Gas Corporation (COG) a $30.00 Price Target

    Markets

    The rating was downgraded by Dougherty & Company to "Neutral" on Friday, July 24. The rating was maintained by BMO Capital Markets with "Outperform" on Monday, October 30. Optimum Inv, a Illinois-based fund reported 105,016 shares. AGNC Investment Corp. has 0 buy ratings, 7 holds and 0 sells even after the stock tumbled -9.4% from its high of $22.34 to a $7.99 billion market value through last close.
  • Eye-Catching Shares - Sirius XM Holdings Inc. (NASDAQ: SIRI)

    Markets

    Telefonaktiebolaget LM Ericsson (publ) (ERIC): A 10.55% Rally In This Year - But Still Has Room To Fall -1.55%. Telefonaktiebolaget LM Ericsson (publ) (ERIC) has so far tried but failed to beat the consensus-estimated -$0.03, with their earning staying at -$0.07 per share.
  • Insiders Are Buying Discovery Communications, Inc. (NASDAQ:DISCA)

    Markets

    Following the acquisition, the director now directly owns 147,591 shares of the company's stock, valued at $2,326,034.16. Fort L.P.'s holdings in Discovery Communications were worth $1,028,000 at the end of the most recent quarter. Discovery Communications has an average rating of "Hold" and a consensus target price of $25.50. The stock appeared $152.63 above its 52-week highs and is up 1.60% for the last five trades.