Finance


Energy Transfer Partners (ETP) Scheduled to Post Quarterly Earnings on Wednesday
- February 22, 2017

Energy Transfer Equity, L.P. (ETE) recently recorded -0.31 percent change and now at $19.06 is 246.32 percent away from its 52-week low and down -3.98 percent versus its peak. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise almost 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here). (more...)
Congress wants Election Commission to take cognizance of PM Modi's remarks
- February 21, 2017

Once the alliance comes to the power in the state, it will lead to installation of a Congress government at the Centre after 2019 parliamentary elections, he claimed. It has a Constitutional mandate. Prime Minister Narendra Modi on Thursday said despite being born in Gujarat he had chosen Uttar Pradesh as his land of vocation, drawing a parallel with Lord Krishna who was born in Uttar Pradesh but made Gujarat his "karma bhoomi". (more...)
Global Arms Sales Hit Highest Level Since End of Cold War Global Arms Sales Hit Highest Level Since End of Cold War
- February 21, 2017

The report said while China was increasingly able to substitute arms imports with indigenous products, India remained dependent on weapons technology from Russian Federation, the US, Europe, Israel and South Korea. With many areas in the Middle East engulfed in conflict, it comes as no surprise that the region relies heavily on imports, turning to the USA for their supply. (more...)
Edappadi Palaniswami Wins Trust Vote; Stalin Arrested Edappadi Palaniswami Wins Trust Vote; Stalin Arrested
- February 20, 2017

When the House resumed at 3 PM the eight Tamil Nadu Congress MLAs and one Muslim Party (IUM) MLA wolked out of the House. Former state minister K. Pandiarajan, who was part of the Panneerselvam delegation, informed the media that they had requested the governor to fix a new date for the trust vote again. (more...)
Pedro & Costa Send Chelsea Into FA Cup Quarterfinal Pedro & Costa Send Chelsea Into FA Cup Quarterfinal
- February 19, 2017

Hosts Wolves pulled off a huge shock in the last round, as they went away to Anfield to take on Liverpool , and picked up a 2-1 win with a superb display. The more involved Eden Hazard became, the more Chelsea threatened but the skilful Belgian too often cut a lonely figure on his mazy dribbles and Wolves were able to shackle him with some robust challenges. (more...)
Cops say will give priority to Jong-nam's family over dead body
- February 19, 2017

A toxicology report on the body of Mr Kim could take up to two weeks, Malaysia's top health official told Agence France-Presse yesterday. Early reports allege that he was attacked with poison needles or splashed with an unknown liquid. The source said he did not recall Kim making any attempt to defect to South Korea. She also noted that the date of the murder was close to the February 16 birthday of the late leader Kim Jong Il, the father of Kim Jong Un and Kim Jong Nam, and that Kim Jong ... (more...)
GST Council approves draft Compensation Bill; to next meet in March GST Council approves draft Compensation Bill; to next meet in March
- February 19, 2017

He highlighted the need to pass the four enabling legislations in the second half of the Budget Session to ensure the timely roll out of GST. "The GST's compensation law states that if any state suffers loss it will be covered in first five years. (more...)
Silver Prices Reach Three-Month Highs as US Dollar Retreats Silver Prices Reach Three-Month Highs as US Dollar Retreats
- February 18, 2017

Mr. McHenry and others, including at least one senator on Tuesday, also said the Fed should wait until the White House fills vacancies on the Fed board of governors, including the role of vice chairman for supervision, before pursuing new rules. (more...)
Nifty climbs fresh 5-month peak; stocks rally for 4th week Nifty climbs fresh 5-month peak; stocks rally for 4th week
- February 18, 2017

Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 215.69 crore on Thursday, as per provisional data. The Indian rupee strengthened by four paise to 66.90 against a U.S. "We continue to have a positive outlook on the bank but this price trend is likely to normalize given RBI re-imposing the ban after FII holding exceeded the threshold limit of 74 per cent on hefty buying today", said Vinod Nair, Head of Research, Geojit Financial Services Ltd. (more...)
Following Rejected Bid, Kraft Heinz May Look To Acquire Unilever Food Brands Following Rejected Bid, Kraft Heinz May Look To Acquire Unilever Food Brands
- February 18, 2017

A rating of 1 or 2 would represent a Buy, and a 3 rating would signify a Hold on the stock. Finally, SG Americas Securities LLC increased its position in shares of The Kraft Heinz Company by 28.5% in the second quarter. If we look at stock performance in last active day trading, we see that stock has moved up 0.31% to end the day at $91.10. On average, analysts forecast that The Kraft Heinz Company will post $3.24 EPS for the current fiscal year. (more...)
Arsenal star Alexis Sanchez jets off on a break Arsenal star Alexis Sanchez jets off on a break
- February 18, 2017

Arsenal forward Alexis Sanchez has reportedly made a decision to call time on his stay at the Emirates Stadium and will leave in the summer. "We, as Chileans are exhausted to watch one of our biggest stars play on his own to make his team get through", the description on the page reads. (more...)
Sprint Unlimited Plan Improved
- February 17, 2017

AT&T on Thursday announced an expanded version of its unlimited data plan that does not require an additional subscription to a pay-TV service. While that data allotment lasts, users can enjoy the full measure of Verizon's LTE speeds in their area on other phones, tablets, laptops, or whatever other devices they may decide to share internet with. (more...)
FX Rigging Probe Emerges Back in South Africa as Regulator Seeks Fines
- February 17, 2017

A finding by the South African antitrust regulator that more than a dozen local and global banks colluded to rig foreign-currency trades will bolster government accusations that the nation's biggest lenders are monopolizing the financial system and failing to address racial inequality. (more...)
Canada Goose, known for its pricey winter coats, files for an IPO
- February 17, 2017

The filing specifies that Bain will continue to have a controlling interest even after raising the corpus through IPO. Proceeds from the IPO will be used to pay down debt and for working capital and general corporate purposes, the filing shows. (more...)
Britain's youngest Euromillions victor wants to sue Lotto for 'ruining her life'
- February 17, 2017

After Park originally announced her intent to sue the lottery, arguing that the "16 or older" limit was too low, she received heavy backlash across the United Kingdom, with tabloids and television shows blasting her for complaining about her riches. (more...)
EPS in, OPS out of TN CM race
- February 17, 2017

His choice as leader of the legislative party looks natural since the idea now was to pit one Jayalalithaa loyalist with another. Tamil Nadu has a 234-member legislative assembly. Manian told the media. The Centre must instruct the governor - let us forget the fiction that the governor is an independent agent exercising his judicious discretion over multiple uncertainties -and instruct him to convene the Tamil Nadu assembly and ask it to elect a leader, whom he would appoint as the next ... (more...)
Rolls-Royce Reports $5 Billion Loss on Bribery Charges, Weak Pound
- February 16, 2017

The London-listed company, whose engines are used in Airbus and Boeing airplanes, added that underlying pre-tax profits nearly halved to £813 million. "The addition of new management and a renewed focus within the business leadership teams, with clear goals and stronger accountabilities, should provide a strong platform for further progress in 2017". (more...)
Reliable stocks in today's share market: Cisco Systems, Inc. (NASDAQ:CSCO)
- February 16, 2017

Investors who are keeping close eye on the stock of Cisco Systems, Inc . (NASDAQ:CSCO) for the current quarter. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. The average true range of the stock is observed at 0.36 and the relative strength index of the stock is recorded at 73.17. In the same quarter a year ago, the solar firm reported $374.4 million in revenue and non-GAAP earnings of $1.73 per share. (more...)
New Jersey ranks 29th on list of number of structurally deficient bridges
- February 16, 2017

The association said state transportation officials have identified 13,000 interstate highway bridges that need replacement, widening or major reconstruction. Across the country, ARBTA noted that deficient bridges are crossed about 185 million times a day. While these bridges may not be imminently unsafe, their inclusion in the U.S. (more...)
Burger King, Tim Hortons owner's profit more than doubles Burger King, Tim Hortons owner's profit more than doubles
- February 16, 2017

Tyers Asset Management LLC purchased a new position in Restaurant Brands International during the fourth quarter worth about $137,000. Shares of Restaurant Brands, which also owns Tim Hortons, jumped 2% in early trading on the stock market today. (more...)
Health care experts discuss replacement for Obamacare
- February 16, 2017

Using an arcane Senate legislative rule called " budget reconciliation ", this allows repeal of enough of the ACA to bring it to its knees. The Trump administration on Wednesday introduced a rule that's meant to quell health insurers concerns about the stability of the Affordable Care Act's individual and small group marketplaces in 2018. (more...)
Activist investor Trian takes $3 billion stake in P&G Activist investor Trian takes $3 billion stake in P&G
- February 16, 2017

U.S. stocks were little changed early today following data showing higher retail sales and consumer inflation, while Procter & Gamble rose as a leading activist disclosed a stake in the company. The difference between the estimated and actual earnings was $0.23 per share. The company has a market capitalization of $225.00 billion, a PE ratio of 22.43 and a beta of 0.59. (more...)
Here's Why Groupon is Skyrocketing 22% After Earnings Here's Why Groupon is Skyrocketing 22% After Earnings
- February 16, 2017

April 28, 2016: Groupon, Inc . reported Q1 earnings loss of -$0.01, beating consensus estimates of -$0.02. The stock's market capitalization is $2.59 billion. The Average Volume for the stock is measured as 11.93 Million. The disclosure for this sale can be found here. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. (more...)
Fossil Group, Inc. (FOSL) Set to Announce Earnings on Tuesday Fossil Group, Inc. (FOSL) Set to Announce Earnings on Tuesday
- February 16, 2017

The highest and lowest price target given by the brokerage firms to the equity are $285 and $140, respectively. The difference between the actual and expected EPS is $0.17 a share with a surprise factor of 54.8%. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. According to TipRanks, which measures analysts' and bloggers' success rate based on how their calls perform, analyst Erinn Murphy has a yearly average return of -7.8% and a 36.5% success rate. (more...)
Senate Confirms Mnuchin, Shulkin
- February 15, 2017

President Trump's pick for the Supreme Court, Judge Neil Gorsuch, continues his tour of Capitol Hill this week - with stops with Republican Sens. Democrats also complained that Mr Mnuchin had failed to disclose almost $100m (£79m) in assets when he filed with the Senate Finance Committee. (more...)