Markets

The Benin Management CORP Increases Stake in Exxon Mobil Corporation (XOM)

Hedge funds and other institutional investors own 50.58% of the company's stock . Exxon Mobil Corporation accounts for approximately 1.6% of Sterling Inves...


Somewhat Favorable Press Coverage Somewhat Unlikely to Impact SuperValu (SVU) Stock Price

The firm owned 106,276 shares of the company's stock at the end of the second quarter. Russell Investments Group Ltd.'s holdings in SuperValu were worth $110,00...


Barclays PLC Boosts Amazon.com, Inc. (NASDAQ:AMZN) Price Target to $0.00

The correct version of this news story can be read at https://www.thestockobserver.com/2017/07/28/amazon-coms-nasdaqamzn-buy-rating-reiterated-at-goldman-sach...


Starbucks to close Teavana stores, including two locally

Starbucks announced Thursday that all 379 Teavana stores - which are primarily based in malls nationwide - will be closed because they have been "underperformi...


ITC Q1 net profit increases by 7.4 %

Biocon yesterday reported a 51.20 per cent decline in consolidated net profit to Rs 81.3 crore for the quarter ended June 30, on account of weakening of the Uni...


Teekay Offshore Partners LP (TOO) Receives Average Recommendation of "Hold" from Brokerages

Stifel Nicolaus began new coverage on Teekay LNG Partners L.P. giving the company a " rating. Teekay LNG Partners L.P. Bank of New York Mellon Corp now owns...


VALE SA (NYSE:VALE) Stock Rating Reaffirmed by Jefferies Group LLC

HighTower Advisors LLC's holdings in Vale were worth $139,000 as of its most recent filing with the SEC. The basic materials company reported $0.41 earnings pe...


USA economy grows by 2.6% in second quarter

The country's gross domestic product, a broad measure of economic activity, grew 2.6percent at an annualized pace, the Commerce Department said . Meanwhile, fi...


Liberty Global PLC (NASDAQ:LILAK) Stake Reduced by Goldman Sachs Group Inc

A number of hedge funds and other institutional investors have recently modified their holdings of LBTYA . United Capital Financial Advisers LLC acquired a new...


Greenleaf Trust Buys New Stake in Astrazeneca PLC (AZN)

AstraZeneca plc has a one year low of GBX 3,996.00 and a one year high of GBX 5,520.00. Stock has got OUTPERFORM rating from 0 analyst (s) whereas last month 0...


Bristol-Myers Squibb Company (NYSE:BMY) Position Raised by Jarislowsky Fraser Ltd

Bristol-Myers Squibb Company ( BMY ) stock directed -25.42% toward a lower level throughout a year ago and swapped -1.65% toward a weak spot during past one mon...


Asian shares gain on strong earnings, dovish Fed policy

At 9:36am ET (1336 GMT), the Dow Jones Industrial Average was up 95.55 points, or 0.44%, at 21 708.98 and the S&P 500 was up 2.24 points, or 0.09%, at 2 479.3...


SpaceX sets launch date for Falcon Heavy

The Falcon Heavy is SpaceX's next big rocket, but it's been a long time coming. Specific figures on privately held companies' valuations are hard to est...


Boko Haram attack: 5 UNIMAID staff killed, 4 missing - ASUU

Brig Gen Sani Kukasheka Usman, the Director, Army Public Relations, said that nine soldiers and one civilian were killed in the attack. "We have heard but can...


Labour Brexit views due to complexity, Mark Drakeford says

It was reported at the time that he had hinted he would wipe out debt for thousands of graduates. Asked about the Tory attacks in a TV interview earlier this ...


Nexus Real Estate Investment Trust

This report was originally reported by Community Financial News and is owned by of Community Financial News. Karp Capital Management Corp bought a new stake i...


Twitter, Inc. (TWTR) Position Reduced by Hexavest Inc

Insiders sold a total of 2,764,042 shares of company stock worth $51,116,529 over the last ninety days. Following the transaction, the director now owns 2,872,6...


ICICI Bank's net profit declines 8%

Last year's earnings included a Rs 204 crore quarterly dividend from its life insurance arm that now pays out dividends on a half-yearly basis. Net interest m...


Caterpillar's (NYSE:CAT) "Sell" Rating Reaffirmed at Axiom Securities

It has outperformed by 30.83% the S&P500. Caterpillar's shares were up 4.9 percent at $113.42. Schwab Strategic Tr Intl Eqty (SCHF) was raised too. (NYSE: C...


Japan June jobless rate falls to 2.8 percent: government

Other data released the same day put a more positive spin on the state of the world's third largest economy. The job-to-applicant ratio came in at 1.51 - in l...


AK Steel Holding Corporation (AKS) Trading 12.4% Higher on Strong Earnings

For the next year, analysts forecast that the business will post sales of $12.43 billion per share, with estimates ranging from $12.07 billion to $13.08 billion...


Barclays suffers £1.2bn loss following sale of African business

The British bank's second-quarter net loss was GBP1.4 billion ($1.83 billion) compared with a profit of GBP433 million a year ago. "We feel good about how the...


Investor's Watch List- Citigroup Inc (NYSE:C), Guidance Software, Inc. (NASDAQ:GUID)

On Monday, May 8 McCreight Shawn sold $61,300 worth of Guidance Software , Inc. It includes five products meant to help companies locate important informatio...


Suncor Energy Inc. (NYSE:SU) Under Analyst Spotlight

The company is expected to announce its next quarterly earnings report after the market closes on Wednesday, July 26th. Several equities research analysts hav...


Intel second quarter revenue rises 9.1 percent

Intel Corporation's payout ratio is now 47.39%. Investment Counsel has an ownership of 80,930 stocks of the chip maker's shares valued at $2,919,000 after scoo...