Markets

Markets USA economic growth revised up to 3.1 pct in Q2
Author: 0 USA economic growth revised up to 3.1 pct in Q2

Gross domestic product was up at an annual rate of 3.1% during the period of April through June, said the Commerce Department on Thursday. The US economy grew even faster in the second quarter than previously thought, new figures have indicated.

Author: 0 Influential Analyst Rating Changes: Chesapeake Energy Corporation (CHK), Conn's, Inc. (CONN)

The Proshare Advisors Llc holds 98,335 shares with $7.37 million value, down from 106,952 last quarter. V Wealth Management LLC boosted its position in shares of Chesapeake Energy Corporation by 14.8% in the second quarter. Chesapeake Energy Corporation had a negative net margin of 9.52% and a negative return on equity of 16.10%. Among 32 analysts covering Chesapeake Energy Corporation (NYSE: CHK ), 7 have Buy rating, 6 Sell and 19 Hold.

Markets A Few Clear Signs for Whiting Petroleum Corp. (WLL)
Author: 0 A Few Clear Signs for Whiting Petroleum Corp. (WLL)

Whiting Pete Corp New now has $1.98 billion valuation. About 11.56 million shares traded. It has underperformed by 37.57% the S&P500. On average, equities analysts expect that Whiting Petroleum Corporation will post ($0.70) earnings per share for the current year.

Markets First Potomac Realty Trust (NYSE:FPO) Move as Institutional Investors' Sentiment Improved
Author: 0 First Potomac Realty Trust (NYSE:FPO) Move as Institutional Investors' Sentiment Improved

It has outperformed by 3.32% the S&P500. Out of 4 Wall Street analysts rating Cree, 2 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". At present, 1 analysts call it Sell, while 1 think it is Hold. (NYSE:FR) or 407,306 shares. Constellation Brands Inc (NYSE:STZ) was raised too. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company.

Markets Where to Get Free Coffee on National Coffee Day
Author: 0 Where to Get Free Coffee on National Coffee Day

Pilot Flying J: Enjoy a FREE cup of coffee or any small hot tea or cappuccino of your choice with this coupon . National Coffee Day is upon us again and stores across the tri-state are serving up free cups of brew and other deals to mark the special occasion Friday.

Markets Brent oil price ease back from two-year highs
Author: 0 Brent oil price ease back from two-year highs

Current OPEC compliance with production cut plans remains above their historical average, and it usually takes between two to three quarters for inventories to normalize after the cuts. Monthly US oil production figures released earlier this month showed American output ticked down slightly in June to about 9.1 million barrels a day.

Markets Rite Aid Corporation (NASDAQ:RAD) Expected To Report Earnings On Thursday
Author: 0 Rite Aid Corporation (NASDAQ:RAD) Expected To Report Earnings On Thursday

Sibanye Gold Limited (SBGL ) stock moved with shift of -7.25% in the past week. Whereas, in last 21 trading days (one month) was moved up 0.88% and moved down in last 63 trading days (quarter) of -41.98%. Stanley invested in 105,533 shares. Qs Invsts Lc has invested 0% of its portfolio in Rite Aid Corporation ( NYSE : RAD ). Pnc Service Grp accumulated 5,000 shares or 0% of the stock.

Markets BlackBerry shares up as software sales hit record
Author: 0 BlackBerry shares up as software sales hit record

Stock buyback plans are often a sign that the company's management believes its shares are undervalued. Tracking some recent stock price action, we can see that Blackberry Limited ( BBRY ) recently touched 10.5. Most of BlackBerry's revenue now comes from managing phone systems for other businesses, but it expects the vehicle industry and industrial applications to drive future growth.

Markets Airport Computer Systems Crash Across The World, Causing Panic
Author: 0 Airport Computer Systems Crash Across The World, Causing Panic

Twitter user NG Artorias said airline Lufthansa's computer system is down at Frankfurt airport. The spokesman added that it is "not an airport issue" but that check-in software has affected a few airlines' check-in systems. Thursday's hiccup comes four months after a power loss and computer crash at IAG SA's British Airways led to the grounding of flights for more than 75,000 passengers.

Markets Roku IPO Gives it $1.3 Billion Value
Author: 0 Roku IPO Gives it $1.3 Billion Value

This gives Roku a total market capitalisation of around Dollars 1.3 billion. The 15.67 million Class A share offering was priced at $14 per share, the upper end of Roku's proposed $12 to $14 range, raising about $219.35 million in proceeds.

Markets Target Raises Minimum Wage
Author: 0 Target Raises Minimum Wage

The changes come as there's more attention on hourly wages. Rival company Walmart credits its increase in wages for employees for its 12 quarters of sales increases in the US and for improving customer services scores. "If (Target) thinks the market is going to be pretty close to $15 per hour three years from now, then this is a really smart way to look great with minimal risk".

Markets Equifax CEO steps down
Author: 0 Equifax CEO steps down

Equifax this week announced the retirement of Chief Executive Richard Smith, who will still receive $18 million in benefits following his ouster at the company. "The old days of just doing what they want and being subject to lawsuits now and then are over", Cordray said. He said he expected Smith to testify before the Banking Committee "regardless of the timing of his retirement".

Markets Sensex surges 198 points, Nifty regains 9900 level
Author: 0 Sensex surges 198 points, Nifty regains 9900 level

During the intra-day session, the sensex was down more than 500 points to a near three-month low, but it recovered after the government clarified about the real picture on the ground along the Indo-Myanmar border. The 50-share Nifty index fell by 135.75 points or 1.38 percent to 9,735.75, with UltraTech, Sun Pharma , Bank of Baroda, SBI and Adani Ports losing 3-5 percent.

Markets Rice Midstream Partners LP (NYSE:RMP) Valuation at a Glance
Author: 0 Rice Midstream Partners LP (NYSE:RMP) Valuation at a Glance

Argyll Research Llc decreased Eqt Midstream Partners Lp ( EQM ) stake by 25% reported in 2017Q2 SEC filing. The company was upgraded on Wednesday, August 26 by Sterne Agee CRT. 28 funds opened positions while 59 raised stakes. Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers.

Markets Your airliner may be flying electric within a decade
Author: 0 Your airliner may be flying electric within a decade

This would be enough for popular short United Kingdom routes, such as from London to Paris, Brussels, Amsterdam and Edinburgh. EasyJet , a budget airline that specializes in shorter flights, said the new aircraft would cover 20% of its passenger journeys.

Markets Passenger pulled off Southwest Airlines flight
Author: 0 Passenger pulled off Southwest Airlines flight

She says that the responding officers have ripped her trousers, and she needs to fix them. Southwest said there was an emotional support animal and one pet on the flight. They pull her down the aisle. "Then walk!" an officer shouts at her, over and over again. Bill Dumas, a passenger who filmed the incident, told CBS News that the woman's behavior was "odd" and the officers were "doing what needed to be done".

Markets Qatar Airways to fly to Erbil as long as it is 'safe'
Author: 0 Qatar Airways to fly to Erbil as long as it is 'safe'

Qatar Airways Chief Executive Akbar Al Baker said on Monday that the carrier plans to expand its fleet, buying four Boeing Co BA.N 777-300 aircraft for its passenger fleet and accepting four Airbus AIR.PA A350 aircraft that it had rejected in July.

Markets Deutsche Bank AG Reiterates Hold Rating for Carnival Corporation (CCL)
Author: 0 Deutsche Bank AG Reiterates Hold Rating for Carnival Corporation (CCL)

They now have a GBP 43 price target on the stock. IL now owns 4,214 shares of the company's stock worth $241,000 after acquiring an additional 72 shares in the last quarter. If you are reading this article on another domain, it was stolen and reposted in violation of United States and global trademark & copyright laws. UBS AG restated a "buy" rating and set a $76.00 price objective (up previously from $67.00) on shares of Carnival Corporation in a report on Thursday, August 17th.