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Tencent blows past estimates as WeChat, games drive growth

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Company president Martin Lau Chi-ping had warned in March during its 2017 earnings call that this year Tencent would aggressively step up its investments in long- and short-form video content, digital payments, cloud services, artificial intelligence and smart retail, even though it could harm the company's profitability in the short term. Read More »

Hertz Global Holdings, Inc. (NYSE:HTZ) Buckles Under The Trend Lines

It is a very powerful tool but is often overlooked because it is such a simple indicator. HTZ received interesting focus from Active Investors and it has been trading on front line as seeing to it recent volume. The overall market is assigned a beta of 1.0. Stocks that are volatile and move more than the overall market have a beta greater than 1 while stocks with price swings less than the market have a beta less than 1.0. Read More »

Goldman-backed startup to launch dollar-based token

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Boston-based Circle announced Tuesday it raised $110 million in a Series E equity funding round, and it plans to launch a new cryptocurrency pegged to the price of the USA dollar and backed by reserves of the fiat currency. This way users will be able to freeze their money with a currency that would not be theoretically subject to inflation or speculation. The use of tokenized US Dollars permits the creation of less volatile trading pairs, an option that many users will appreciate as ... Read More »

Top Novartis Executive Retires Over $1.2 Million Payment To Michael Cohen

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In a company statement ahead of an investor day on Wednesday, Ehrat acknowledged he signed the contract along with former Novartis Chief Executive Joe Jimenez, who stepped down on February 1 and was replaced by Vas Narasimhan. Novartis previously admitted to hiring Essential in February 2017 for advice "as to how the Trump administration might approach certain USA healthcare policy matters". Read More »

Trump says he's withdrawing from Iran nuclear accord

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At the same time the OPEC oil cartel and other oil producing countries - notably Russian Federation - have agreed to restrict production to boost prices. Several US military officials told CNN that there are increasing concerns Iran is on the cusp of an attack against Israel. French ambassador Kareen Rispal, whose country takes over the G7 presidency from Canada next year, said the group would overcome its obstacles. Read More »

(TRI) To Go Ex-Dividend on May 16th

Ticker's shares touched $38.14 during the last trading session after 0.57% change.Currently Thomson Reuters Corporation is downtrending after 11.55% change in last May 15, 2017. Therefore 24% are positive. Since January 22, 2018 according to StockzIntelligence Inc Thomson Reuters Corp has 15 analyst reports. As per Monday, June 19, the company rating was upgraded by Deutsche Bank. Read More »

MSCI unveils 234 Chinese stocks for key index

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As the Wall Street Journal reports, the first batch on June 1 will have a 0.4% weighting in MSCI's Emerging Markets Index and a 1.3% weighting in the MSCI China Index, which now only offers offshore-listed Chinese companies. MSCI announced early Tuesday morning Taipei time that it will lower Taiwan's weighting in the Emerging Markets Index by 0.21 percentage points to 11.13 percent and the country's weighting in the All-Country Asia ex-Japan Index by 0.25 percentage points to 12.84 percent. Read More »

US Dollar Surges, Boosted By Sales Data And Rising Bond Yields

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The currency's renewed strength came as the issue in the Korean Peninsula softens and the risk of a full-scale trade war between the United States and China lessens, allowing investors to consult the 10-year yield for signs. Gold spike about $10 to the downside on the release as trader saw the US Treasury yields development. Senior FX strategist Junichi Ishikawa said the greenback's advance against the yen could stall, if the negative impact of higher yields on equities is prolonged. Read More »

It's National Chocolate Chip day!

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Cheese and Potbelly Sandwich Shop . Opinions about chocolate chip cookies run deep. On March 20, 1939, Wakefield gave Nestlé the right to use her cookie recipe and the Toll House name. These little clusters of chocolate make any recipe just a hint sweeter, which is something we will always appreciate. They now come in a variety of flavors including mint, white chocolate and bittersweet. Read More »

Bank of England deputy 'sorry' for 'menopausal' metaphor

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Later he said he was sorry for the "poor choice of language" and any "offence caused". Today's economy could be experiencing a similar trough as it passes the boom of the digital era and awaits the next big breakthrough, possibly with artificial intelligence, Broadbent said. Read More »

Petrol, diesel prices hiked

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Similarly, in Delhi the petrol price touched Rs 74.80 a litre , while diesel prices stood at Rs 66.14. The Congress leader P Chidambaram tweeted on Monday that the recent "interval" has coincided with Karnataka elections. Five states including Punjab, Goa, Uttarakhand, Uttar Pradesh and Manipur had elections during the January-April 2017 period. In Kolkata, the prices were increased by 14 paise per litre and 16 paise per litre in Chennai, according to Indian Oil Corporation website. Read More »

Paddy Power Betfair confirms talks with FanDuel

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The betting giant said it was responding to media speculation after reports the bookmaker was in talks to acquire the fantasy sports site. No financial details of the transaction were given. Paddy Power Betfair now operates an online casino in New Jersey and the FanDuel swoop follows on from last year's US$48m acquisition of daily fantasy sports site Draft. Read More »

NuWave Investment Management LLC Bought New Holding in Vodafone (VOD)

The Dow Jones Industrial Average rose 70.1 points, or 0.28 percent, to 24,901.27, the S&P 500 gained 2.57 points, or 0.09 percent, to 2,730.29 and the Nasdaq Composite added 8.43 points, or 0.11 percent, to 7,411.32. Its distance from 20-days simple moving average is -3.33%, and its distance from 50 days simple moving average is -1.51% while it has a distance of -4% from the 200 days simple moving average. Read More »

Oil hits 3 year high after USA quits Iran deal

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European oil companies are not ruling out reducing Iranian oil imports after the threat of new US sanctions, with some expecting banking issues to hinder trade, but there was no rush to immediately cut volumes. "There will be more negativity, more highlighting of the risks", said one UAE banker. US light crude was up $1.70 a barrel, or nearly 2.5%, at $70.76, near highs also last seen in late 2014. Read More »

Nirav Modi fraud costs PNB Rs 14357 crore

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It is the biggest loss reported by an Indian bank for any three-month period. On Monday, the finance ministry had asked the boards of Allahabad Bank and PNB to take action against Ananthasubramanian and two executive directors of PNB. It is looking to raise more capital, including via asset sales. In the same quarter a year ago, the bank had turned around due to write-back in pension provisions to report a profit of Rs 261.9 crore as against a massive loss of Rs 5,367.1 crore in March-end ... Read More »

Gotze, Can miss out in Germany's 27-man squad [FULL LIST]

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Bayern striker Sandro Wagner misses out on the tournament as Loew favored Stuttgart striker Mario Gomez . World Cup Champions Germany have announced their squad for the finals in Russian Federation this summer, with two big names noticeable absentees from the 27. Read More »

Trinity Industries (TRN) Stake Lowered by Intrust Bank NA

The performance of Trinity Industries, Inc . However, Trinity Industries, Inc .'s stock still has good chances and the whole Railroads may benefit from its progress. Some buy side analysts are also providing their Analysis on Trinity Industries Inc ., where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it's a HOLD, and 0 analysts rated the stock as Sell. Read More »

Aetna (AET) Scheduled to Publish Quarterly Revenue on Tuesday

AET outperformed the S&P 500 by 21.79%. Aetna Inc. (NYSE:AET) has risen 33.34% since May 15, 2017 and is uptrending. MMAC's SI was 9,300 shares in May as released by FINRA. Dekabank Deutsche Girozentrale owns 72,343 shares. (NYSE:AET). Warren Averett Asset Ltd Liability Com holds 1,505 shares or 0.04% of its portfolio. Sii Invs Wi invested in 1,718 shares. Read More »

What Are Analysts Report About Pandora Media, Inc. (P)

The measure is commonly used to compare the performance of businesses within the same industry, since it is very hard for someone to obfuscate the cash flow figure. Currently, this company's debt-to-equity ratio is 6.15, its quick ratio is 3.60, its current ratio is 3.60. USA stocks ended the day little changed in light trading, while the 10-year Treasury yield topped 3 percent as shareholders assess the outlook for trade relations and tensions in the Middle East. Read More »

Notable Runner: Gamestop Corp (GME)

Cambridge Investment Research Advisors Inc. lifted its stake in GameStop by 21.2% during the fourth quarter. First Trust Advisors Lp bought 67,501 shares as the company's stock declined 9.37% with the market. Therefore 50% are positive. The company reported $2.02 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.96 by $0.06. Read More »

SPDR MSCI EMU ETF (EURO) Plunged 0.16% on May 15

During the day 577,378 shares traded hands, in comparisong to to SPDR Nuveen Blmbg Barclays Muni Bd ETF's (NYSEARCA:TFI) average volume of 531,830 for the past 30 days. The ETF's YTD performance is -0.17%, the 1 year is 6.49% and the 3 year is 2.63%. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. Read More »

German growth slows to 0.3 pct in first quarter on weak trade

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This underpins the assessment that the German economy is suffering from the strong euro, which has strengthened by 9 percent in the last 12 months and made the goods produced in Germany more expensive from the perspective of foreign customers, noted Commerzbank in a research report. Read More »

Sony Music Buys $185M Stake In 'Peanuts' Brand

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Sony Music Entertainment said Monday it signed a deal with DHX Media, based in Nova Scotia, Canada, to acquire 49 percent of the 80 percent stake DHX holds in Peanuts , The Associated Press reported. In 2017 he earned $38 million and became one of the world's top-earning deceased celebrities, placing third on the Forbes list past year. Stay tuned to Multiversity Comics for more " Peanuts " news. Read More »

Nuveen New York AMT-Free Quality Municipal Income Fund

In Q4 2017 Nuveen Virginia Premium Income Municipal Fund (NYSE:NPV) big money sentiment increased to 2.17, SEC.gov filings reveal. It has underperformed by 18.18% the S&P500. Invesco has 128,980 shares. Tortoise Mngmt Ltd Liability accumulated 439,105 shares. Stratos Wealth Prns Limited has 13,015 shares. United Fire Grp Incorporated reported 0.05% stake. Read More »

A2 shares dive on disappointing guidance

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The mid-point of the new sales guidance is 4 per cent down from the consensus of market expectations of $947m. In a third-quarter trading update, A2 said revenue for the nine months to March 31 was $NZ660 million, up about 70 per cent from the same time a year ago and more than the $NZ549.5 million in the whole of FY17. Read More »

Schlumberger (SLB) Position Increased by Jacobs & Co. CA

The company has market cap of $13.76 billion. Multiple company employees have indulged in significant insider trading. About 997,923 shares traded. Nexa Resources S.A. Seekingalpha.com's article titled: "Schlumberger Is Back" and published on April 24, 2018 is yet another important article. Among 39 analysts covering Schlumberger Limited. Read More »

Treasure Island Music Festival makes a triumphant return for 2018

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The event will be held at Middle Harbor Shoreline Park in Oakland October 13 and 14 after 10 installments on the island in the San Francisco Bay that gave the festival its name. Though the new location is miles removed and an entire county away from the old one, transportation options from SF and surrounding areas remain ample and accessible. Read More »

RBA warns unemployment will have to fall further before wages can rise

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Australian workers are continuing to see little improvement in their pay packets, with wages growing only 0.5 per cent in the first three months of the year. The RBA remained optimistic on the labour market, said wages expected to pick up gradually as leading indicators pointed to more job gains. The yield on Australia's benchmark 10-year Note, which moves inversely to its price, rose 4-1/2 basis points to 2.823 percent, the yield on the long-term 30-year Note jumped 3 basis points to 3.313 ... Read More »

A COMPREHENSIVE GUIDE TO THE Global Rice Packaging Machines Sales MARKET: 2018

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Track industry developments and identify market opportunities . The report reveals the glaring profit, price, Flexible Protective Packaging sales gain value of market size, and forecasts over their different operational activities. The report answers key questions like the market size through 2012-2022 along with the respective growth rates for the various years. Chapter 1- contains Flexible Protective Packaging introduction, market outlook, threats/challenges, and market ... Read More »

Mackay Shields LLC Purchases New Holdings in Lowe's (NYSE:LOW)

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Victory Capital Management Inc. now owns 42,457 shares of the home improvement retailer's stock valued at $3,726,000 after acquiring an additional 4,374 shares during the last quarter. Foster And Motley Inc holds 0.65% or 43,708 shs. (NYSE:LOW) on Monday, November 27 to "Outperform" rating. Sumitomo Life Insurance holds 0.56% or 47,665 shares. Read More »

US Security Adviser John Bolton: Washington Not Pushing Iran 'Regime Change'

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The results of negotiations between the Iranian and European experts is expected to be submitted to foreign ministers. The circumstances surrounding the Joint Comprehensive Plan of Action (JCPOA) on the Iranian nuclear program are a crisis, Russian Foreign Minister Sergey Lavrov said opening talks with his Iranian counterpart Mohammad Javad Zarif on Monday, TASS reports. Read More »

Kohl's (KSS) PT Set at $67.00 by MKM Partners

Kohl's Corporation (NYSE: KSS) stock jumped $0.95 higher during the regular trading session on Monday, hitting $61.18. Kohls Corp now has $10.30 billion valuation . Investors sentiment increased to 1.06 in Q4 2017. It is positive, as 31 investors sold KSS shares while 178 reduced holdings. 93 funds opened positions while 129 raised stakes. Read More »