Markets

Markets Oil Surpassed $71 A Barrel
Author: 0 Oil Surpassed $71 A Barrel

US Treasury Secretary Steven Mnuchin said on Wednesday a weaker dollar was "good for us". Experts said dollar trade was behind the volatile session. Oil prices, boosted by a record 10th straight weekly decline in USA crude inventories spiked to a three-year high. USA oil inventories, as measured by the Energy Information Administration at the Oklahoma hub, fell by 1.1 million barrels in the week ended January 19.

Markets What Do The Numbers Reveal for Southwest Airlines Co. (NYSE:LUV)?
Author: 0 What Do The Numbers Reveal for Southwest Airlines Co. (NYSE:LUV)?

Ocular Therapeutix shares dipped 11.47 percent to $5.48 in the after-hours trading session. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 25, 2017 and is downtrending. In other Southwest Airlines news, EVP Jeff Lamb sold 19,800 shares of Southwest Airlines stock in a transaction dated Thursday, May 25th. The company presently has a consensus rating of "Buy" and a consensus target price of $67.91.

Markets Embattled General Electric suffers $10bn loss
Author: 0 Embattled General Electric suffers $10bn loss

The stock decreased 0.39% or $0.2 during the last trading session, reaching $51.55. About 1.00 million shares traded or 36.78% up from the average. Royal Bank of Canada set a $25.00 price target on General Electric and gave the company a "buy" rating in a research report on Monday, October 23rd.

Markets AllSquare Wealth Management LLC Takes Position in Intel Co
Author: 0 AllSquare Wealth Management LLC Takes Position in Intel Co

That translates to earnings-per-share of $1.08, a 37 per cent increase from the the year-ago quarter and significantly ahead of $0.86 per-share anticipated by analysts, according to Thomson Reuters. Also, CEO Brian M. Krzanich sold 889,878 shares of the company's stock in a transaction that occurred on Wednesday, November 29th. Since we see no change to underlying compute drivers, and since security patches place an overhead processing tax on existing equipment, demand acceleration could ...

Markets Facebook acquires Boston software company that authenticates IDs
Author: 0 Facebook acquires Boston software company that authenticates IDs

Its API allows organizations to easily validate the authenticity of government-issue identification, such as driver's license or passports. A Facebook spokesperson confirmed that the acquisition was meant to help "support our ongoing efforts to keep our community safe", but declined to elaborate further.

Markets Facebook's fake news survey criticised for containing only two questions
Author: 0 Facebook's fake news survey criticised for containing only two questions

The media site said last week it was changing the way it showed articles from publishers, by prioritising sources that surveyed users in the United States ranked as trustworthy. Moreover, the simplicity of the survey has sparked negative comments and some supporting ones. In Facebook's defense their News Feed head Adam Mosseri said that the survey data is only applicable to the publishers for which Facebook has enough data, "it doesn't yet affect most publishers".

Markets Tesla faces investigation after Autopilot-enabled vehicle crashes into firetruck
Author: 0 Tesla faces investigation after Autopilot-enabled vehicle crashes into firetruck

The NTSB faulted Tesla in a prior fatal Autopilot crash . CNBC added that the field investigation will focus on both driver and vehicle factors. The collision on Tuesday drew the attention of the NTSB, which tweeted that two investigators were on their way 'to conduct field investigation of the January 22 crash involving a Tesla and fire truck, near Culver City, CA.

Markets Sydney train strike: minister makes last-ditch effort to block union action
Author: 0 Sydney train strike: minister makes last-ditch effort to block union action

The suspension of the strike and overtime ban will begin from 6pm on Thursday and last until 6pm on March 8. A poll by the Rail, Tram and Bus Union (RTBU) - labelled "illegitimate" by the NSW transport minister, Andrew Constance - asked members via text message whether they wanted to accept the latest pay package from management.

Markets Tesla: Elon Musk hyperlinks long-term pay to firm's progress
Author: 0 Tesla: Elon Musk hyperlinks long-term pay to firm's progress

The maximum payout will only be made if Tesla's market value increases to at least US$650 billion, an increase of about 1,000 per cent on the company's current market capitalisation of US$59 billion. The compensation scheme could potentially rake in billions for Musk. Besides forfeiting a salary, Musk also has yet to exercise any of the stock options he has collected as part of his previous compensation agreement from 2012, despite having achieved nine out of 10 milestones required to receive ...

Markets Shares Of Texas Instruments Incorporated (TXN) sold By XIE BING
Author: 0 Shares Of Texas Instruments Incorporated (TXN) sold By XIE BING

About 9.39 million shares traded or 95.71% up from the average. Net profit margin of Texas Instruments Inc. It has outperformed by 23.61% the S&P500. This means that analysts are more bullish on the forecast for TXN stock. Texas Instruments's dividend payout ratio is now 57.94%. The stock has "Neutral" rating by Guggenheim on Wednesday, May 4.

Markets Smartphone Vivo X20 Plus UD officially presented
Author: 0 Smartphone Vivo X20 Plus UD officially presented

Then, at the Consumer Electronics Show earlier this month, Vivo unveiled a prototype device featuring Synaptics' Clear ID sensor in its display, with Vivo promising the phone would be commercially available "in early 2018". Showcased at this year's CES , Vivo's X20 Plus UD is now a real product about to hit the market in China, making it the first smartphone with the new technology.

Markets BOJ to maintain easing
Author: 0 BOJ to maintain easing

This prompted some analysts to speculate that the BOJ might have been moving towards tapering measures in line with other major central banks like the European Central Bank or the U.S. The economy expanded at a 2.5 percent annual pace in July-September. A man walks past the Bank of Japan building in Tokyo, Japan January 15, 2018.

Markets Intel tells partners to stop installing Spectre, Meltdown fixes
Author: 0 Intel tells partners to stop installing Spectre, Meltdown fixes

In a statement , Intel spokesman Navin Shenoy said it had been investigating why the earlier patches caused "higher-than-expected reboots and other unpredictable system behaviour". The fix supposedly addresses Meltdown. Eventually, however, the flaws leaked in early January, slightly ahead of the agreed Jan. 9 embargo date. Luckily, the fact that the three vulnerabilities are fairly hard to exploit has left a bit of breathing room amidst the ongoing patch problems.

Markets Rational Advisors LLC Sells 2350 Shares of Kimberly Clark Corp (KMB)
Author: 0 Rational Advisors LLC Sells 2350 Shares of Kimberly Clark Corp (KMB)

The rating was maintained by RBC Capital Markets with "Sector Perform" on Tuesday, October 25. The firm earned "Hold" rating on Friday, March 24 by RBC Capital Markets. Verition Fund Mgmt Lc holds 27,221 shares. Whittier Trust invested 0.02% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). 2,160 were accumulated by Plante Moran Limited Company.

Markets Comcast raises dividend 21% as Q4 profits jump on tax reform
Author: 0 Comcast raises dividend 21% as Q4 profits jump on tax reform

Shares of Comcast (NASDAQ: CMCSA ) traded down $0.02 during trading hours on Tuesday, hitting $42.43. Comcast shed about 33,000 cable video customers in the fourth quarter, almost reversing the gains of just one year ago, and keeping with the continuing trend of pay TV customers cutting the cord for less costly over-the-top services.