Markets

Markets 3D Systems Corporation (DDD) Shares Plummet on Earnings Miss
Author: 0 3D Systems Corporation (DDD) Shares Plummet on Earnings Miss

Stifel Nicolaus' price objective would suggest a potential downside of 11.15% from the stock's current price. Several analysts have issued reports on DDD shares. On a GAAP basis, earnings came in at a loss of 34 cents per share, versus earnings at a loss of 19 cents per share in the year-ago quarter. The 3D printing company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35).

Markets Quick Take: Alibaba's Profit More Than Doubles in Latest Quarter
Author: 0 Quick Take: Alibaba's Profit More Than Doubles in Latest Quarter

Net income was up 146% to $2.62 billion, and up 71% to $3.xx billion on a non-GAAP basis. Revenue from the company's core e-commerce business rose 63% year-on-year to 46.46 billion yuan. The increase was mainly driven by the robust revenue growth of China commerce retail business, global commerce retail business and Alibaba Cloud. Alibaba cloud is the best example.

Author: 0 BP to buy back shares as profits climb

In one of the clearest signs yet that the oil company has turned a corner, BP said it was able to balance its books so far this year at $49 a barrel, excluding Macondo payments, as years of cost cuts pay off. This is a scheme where a company's cash reserves are converted into new shares. In recent quarters, BP has been issuing shares as so-called "scrip" dividends, in an effort to hoard cash.

Author: 0 Earnings Analysis Of Chesapeake Energy Corporation (CHK)

Looking forward, the company's quarterly earnings in the three months through September 2017 and in the quarter ending December 2017, reflecting -1427243% and -3330100% growth, respectively. The stock received analysts' mean target price of $17.41. Chesapeake Energy Corporation (NYSE: CHK ) reported its EPS in the last quarter as $0.18/Share beating the analyst estimate of $0.15/Share by a difference of $0.03.

Markets Forex - Sterling Tumbles on Dovish Bank of England Rate Hike
Author: 0 Forex - Sterling Tumbles on Dovish Bank of England Rate Hike

So there's genuine excitement in the City of London this morning, as the BoE prepares to reveal whether it has taken the plunge and hiked borrowing costs at this month's meeting. Inflation has spiked since the pound fell following last year's vote to leave the European Union. The Bank still expects real incomes to fall this year, although average weekly pay packets are expected to grow at a slightly faster pace than expected three months ago.

Author: 0 Beer And Bud: Inside Corona's $191 Million Investment In Marijuana

Invictus RG purchased a new stake in shares of Constellation Brands during the first quarter valued at $110,000. Patten & Patten Inc, which manages about $1.33B and $904.41M US Long portfolio, decreased its stake in Pfizer (NYSE:PFE) by 24,568 shares to 165,475 shares, valued at $5.56 million in 2017Q2, according to the filing.

Markets Why Gas in IN is Higher, and Could Reach $2.95 a Gallon
Author: 0 Why Gas in IN is Higher, and Could Reach $2.95 a Gallon

That means prices in IL and the rest of the region "could soon jump to their highest levels since BP's refinery outage in August, 2015". You will be feeling more pain at the pump soon. In addition, the Explorer Pipeline from the Gulf Coast which transports 700,000 barrels per day to the midwest had a leak last week. Instead, prices are increasing rapidly and within a few days, DeHaan expects them to peak around $3 in MI.

Markets Bitcoin hits new record after plans to offer futures
Author: 0 Bitcoin hits new record after plans to offer futures

Bitcoin futures will be listed on and subject to the rules of CME. Recent price advances have increased the share of bitcoin's market capitalization compared to the rest of the cryptocurrency ecosystem. Terry Duffy, CME Group Chairman and CEO, stated that the institution has seen drastic surge in the demand for bitcoin and the cryptocurrency market, and made a decision to offer a futures exchange to address that demand.

Markets Book World closing stores nationwide, including new location in Jefferson City
Author: 0 Book World closing stores nationwide, including new location in Jefferson City

Dupont says beginning Thursday, November 2, each Book World store will have deep discounts to sell all remaining inventory. Staff at the Baraboo store said they couldn't comment on the announcement. It opened its first store in Wisconsin in 1976. Book World is now the fourth largest book store chain in the country, with locations in seven states including Missouri.

Markets Tesla pushes back target volume production for its Model 3 sedan
Author: 0 Tesla pushes back target volume production for its Model 3 sedan

But the company produced just 220 Model 3s in the third quarter, far fewer than the 1,500 Musk promised. The firm made a net loss of $619m (£468m) in the quarter to 30 September, close to double the loss it made in the prior quarter. The company now hopes to make 5,000 of the cars per week by late in Q-1 of Y 2018, rather than by the end of Y 2017, Mr. Musk wrote in a letter to shareholders Wednesday.

Author: 0 PH slides to 10th spot of Global Gender Gap report for 2017

Globally too, this year's report shows a widening gender gap for the first time since 2006. On a positive note, however, a number of countries are bucking the dismal global trend as over one-half of all 144 countries measured this year have seen their score improve in the past 12 months, the report noted.

Author: 0 Wells Fargo & Company (NYSE:WFC) Sentiment Crashes in Q2 2017

Janney Montgomery Scott Llc increased Qualcomm Inc (QCOM) stake by 6.17% reported in 2017Q2 SEC filing. SARGENT RONALD bought $499,108 worth of stock or 9,050 shares. Neville Rodie And Shaw reported 1.6% stake. The Theleme Partners Llp holds 12.61M shares with $541.80 million value, down from 13.65M last quarter. Kidder Stephen W has invested 0.21% in Wells Fargo & Co (NYSE: WFC ).

Markets Grand Tour trio are back in show's thrilling new trailer
Author: 0 Grand Tour trio are back in show's thrilling new trailer

Amazon today announced that season two of The Grand Tour will drop exclusively on the Amazon Prime streaming service on December 8. For series two, the trio have filmed across five continents, visiting more places than ever before including Croatia, Mozambique, Dubai, Spain, Switzerland, Colorado and NY with their studio tent being given a permanent home in the Cotswolds.

Author: 0 NAB announces 6000 jobs to be cut amid $5.3 billion profit

The 6,000 employees are 18 percent of the bank's 33,400 workforce. NAB expects to make a one-off provision related to the restructure of between $500 million and $800 million in the first half of the 2017/18 fiscal year. NAB shares were down 3 percent in afternoon trading on Thursday in a flat market. The bank released an upbeat outlook, underpinned by an anticipated upswing in business investment and government infrastructure spending.

Markets Patterson-UTI Energy, Inc
Author: 0 Patterson-UTI Energy, Inc

Analysts, on average, seem bullish as they suggest STAY is worth $2.56 more, giving a target price of $22.38 a share. Zacks Investment Research raised Patterson-UTI Energy from a "hold" rating to a "buy" rating and set a $23.00 target price for the company in a research report on Wednesday, October 11th.

Author: 0 Cuts Stake in Time Warner Inc. (TWX)

About 44.04 million shares traded or 72.77% up from the average. It has outperformed by 19.67% the S&P500. Greenwood Capital Associates Llc increased Bank Of America Corp (BAC) stake by 11.79% reported in 2017Q2 SEC filing. Time Warner Inc (NYSE:TWX) has risen 36.37% since November 1, 2016 and is uptrending. Metropolitan Life Insurance New York owns 371,817 shares. Granite Invest Prtn Limited Liability Co has 99,467 shares for 0.67% of their portfolio.

Markets Private Citizens Can Buy Drones, Government Unveils Draft Policy
Author: 0 Private Citizens Can Buy Drones, Government Unveils Draft Policy

Civil Aviation Secretary RN Choubey said, "The rules drafted are very very user friendly". The government would classify drones based on their weight into five categories. Except the nano drones, every other category requires an approval from the aviation department as the air defence clearance is given only when the aviation department is aware of the path of the drone.

Markets Largest gas tax in state history goes into effect
Author: 0 Largest gas tax in state history goes into effect

The gas hike includes a 20-cent per gallon increase in diesel taxes. Jerry Brown April 28, increases the gasoline excise tax by 12 cents a gallon, the diesel fuel excise tax 20 cents per gallon, the sales tax on diesel to 5.75 percent, and raises the vehicle registration fee $25 - $175, depending on the value of the vehicle on January 1.

Author: 0 Argus Research Upgraded Microsoft (MSFT); Baker Hughes (BHI) Has 0.78 Sentiment

The stock's Average True Range (ATR) is 1.24. The other 27, though not evenly; between analysts who think you should buy Microsoft Corporation versus those who think you should sell it. The rating was downgraded by Cantor Fitzgerald on Tuesday, September 1 to "Hold". Vetr upgraded Microsoft Corporation (NASDAQ:MSFT) on Friday, August 21 to "Hold" rating.