Finance

Finance Buffett offloads stake in GE
Author: 0 Buffett offloads stake in GE

Separately, BidaskClub raised shares of Berkshire Hathaway from a "hold" rating to a "buy" rating in a report on Wednesday, August 9th. Buffett built a 17.46 million share stake in Synchrony Financial ( SYF ) valued at almost $518 million at Monday's closing price of $29.64.

Finance Justin Thomas and his trophy have dinner with Tiger Woods
Author: 0 Justin Thomas and his trophy have dinner with Tiger Woods

Thomas, who took up the game at the age of two, grew up surrounded by golfing mentors. Thomas remembers attending the 2000 PGA Championship at the Valhalla Golf Club near his hometown of Louisville, Kentucky . Open, and knew that had happened on those trophies. I was able to talk to him and that was pretty cool". "(Winning the PGA) nearly deserves its own rack, being the first major.

Finance EnLink Midstream Partners, LP (ENLK) Lifted to Hold at Zacks Investment Research
Author: 0 EnLink Midstream Partners, LP (ENLK) Lifted to Hold at Zacks Investment Research

About 330,469 shares traded. It has underperformed by 31.65% the S&P500. Mai Wealth Advisors acquired 27,778 shares as Dominion Midstream Partners (DM)'s stock declined 8.99%. Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation to own, operate and develop midstream energy assets to service Antero Resources' production.

Finance Dollar hits eight-week low vs yen, North Korea tensions spook investors
Author: 0 Dollar hits eight-week low vs yen, North Korea tensions spook investors

The Korea tensions though have seen both US and European markets this week push back expectations of when the Fed and ECB might hike interest rates. "Traders should closely watch global equities today, with further falls and risk aversion likely pumping more safe-haven flows into precious metals", said Jeffrey Halley, a senior market analyst at OANDA.

Finance Korean tensions keep yen near eight-week highs
Author: 0 Korean tensions keep yen near eight-week highs

South Korea's KOSPI .KS11 fell 1.7 percent on Friday to its lowest since May 24, but its losses for the week were a relatively modest 3.2 percent. By 1600 BST, USD/JPY was hitting lows of 109.37, down 0.62% on the day. Japan's Nikkei .N225 bucked the trend and fell 1 percent as a stronger yen overshadowed much better-than-expected second quarter economic growth. Japan is the world's biggest creditor country and there is an assumption that investors there will repatriate funds in a crisis.

Finance Under Armour Falls Amid Sporting Goods Price War
Author: 0 Under Armour Falls Amid Sporting Goods Price War

Also , the potential liquidation of Gander Mountain should boost DICK'S Sporting's market share, though it may hurt third-quarter sales. The stock presently has a growth score of A. As other sporting goods chains have gone out of business, Dick's had been hoping to benefit from the industry consolidation. On the heels of the print, the analyst has likewise reigned in his estimates, taking EPS for the year from $3.68 down to $2.84 and taking his EPS projection for 2018 from $3.93 down to ...

Finance Canaccord Genuity Lowers Dick's Sporting Goods Inc (DKS) to Hold
Author: 0 Canaccord Genuity Lowers Dick's Sporting Goods Inc (DKS) to Hold

Its shares plunged 21% in midday trading. The total value of its holdings decreased 71.4%. Healthsouth Corp now has $4.35B valuation. The volume of the particular stock is the shares bought and sold in a single trading day. Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.31, from 0.9 in 2016Q3. These funds have also shifted positions in ( DKS ). (NYSE: DKS ) shares can stay above the price resistance around $35.34 a share, that could help propel Dick's Sporting Goods, Inc .

Finance Eurozone Growth Improves As Estimated In Q2
Author: 0 Eurozone Growth Improves As Estimated In Q2

The economic data pictured Germany as enjoying stable rates alongside other European Union nations. The Federal Statistics Office, Destatis, said that "the development of foreign trade. "Germany´s economic success story goes on and on and on", ING Bank analyst Carsten Brzeski said, adding there was very little reason to fear a sudden end to the current performance.

Finance Brexit Not Working? UK Unemployment Rate for Q2 Hits All Time High
Author: 0 Brexit Not Working? UK Unemployment Rate for Q2 Hits All Time High

The Bank of England is working on the assumption that the UK's equilibrium jobless rate is about 4.5 per cent, meaning that declines below that level could force a rate rise. It comes as the cost of living - which has marched higher in response to the Brexit-hit pound - held steady at 2.6 per cent in July, in line with the rate for June.

Finance Oil Prices Rise As API Reports Huge Crude Inventory Draw
Author: 0 Oil Prices Rise As API Reports Huge Crude Inventory Draw

EDT, ahead of the US government's official report on Wednesday. WTI light sweeet crude oil was down 30 cents at $47.29 a barrel, unable to hold the $50 mark which was briefly breached earlier this month. The release of the report tripped oil prices and saw them trading around $51/bb few hours on Friday after reaching $53 the day before. "As much as oil inventories have been coming down in the US, which is something that is seasonally normal, the fact that USA shale production is very ...

Finance Global Stocks Punished By Geopolitics, US Inflation In Focus
Author: 0 Global Stocks Punished By Geopolitics, US Inflation In Focus

The Toronto Stock Exchange'sS&P/TSX composite index mirrored global markets, which rebounded from their biggest weekly losses of the year, after US officials played down the likelihood of a nuclear conflict with North Korea. Barrick Gold Corp fell 1.5 per cent to $21.27, while Goldcorp Inc was down 1.1 per cent to $16.31. While North Korea's Liberation Day celebration on Tuesday to mark the end of Japanese rule could see tensions rise again, markets were relieved that the weekend passed ...

Finance Air Berlin files for administration
Author: 0 Air Berlin files for administration

Etihad said it expects Air Berlin operations to continue during administration. Niki is not part of the insolvency proceedings. "This will make sure that Air Berlin aircraft now under lease from Eurowings and Austrian Airlines can stay in operation", the government said in a statement.

Finance Amazon Announces 2-minute Instant Pickup For Snacks, Drinks
Author: 0 Amazon Announces 2-minute Instant Pickup For Snacks, Drinks

The items available through Instant Pickup seem to resemble those available at a more standard convenience store. Popular items stocked for Instant Pickup include cold drinks, snacks and electronics like Amazon's popular Echo family of smart speakers, Fire TV , Fire tablets and Kindle e-readers.

Finance Here's Bill Gates First Post on His New Instagram Account
Author: 0 Here's Bill Gates First Post on His New Instagram Account

The largest charity in the world has been the destination for most of Gates' contributions over the past several years. The latest Gates donation , made in June, came to late on Monday (14 August) following a filing with the US Securities and Exchange Commission , of sale of 64 million Microsoft shares.

Finance Bill Gates' stake in Microsoft is now just 1.3 percent
Author: 0 Bill Gates' stake in Microsoft is now just 1.3 percent

According to a regulatory filing , Gates made a donation of 64 million Microsoft shares on June 6, making this his largest giveaway since 2000, when he stepped down as CEO of Microsoft and established the Bill and Melinda Gates Foundation .

Finance USA retail sales enjoy biggest rise in seven months
Author: 0 USA retail sales enjoy biggest rise in seven months

The latest report on retail sales shows households still had plenty of buying power as the third quarter got underway in July. Flying under the radar was a notable adjustment in June sales to a 0.3% M/M gain from a 0.2% drop that raised some eyebrows at the time.

Finance The boom is booming and Home Depot is setting records
Author: 0 The boom is booming and Home Depot is setting records

Robert W. Baird set a $175.00 price target on shares of Home Depot and gave the stock a "buy" rating in a research note on Wednesday, May 17th. The Home Depot has been benefiting from rising home values and people's desire to invest in their houses.

Finance Tech companies lead broad slide in United States stocks; oil rises
Author: 0 Tech companies lead broad slide in United States stocks; oil rises

The Dow is down 48.57 points or 0.2 percent at 22,036.77, the Nasdaq is down 20.93 points or 0.3 percent at 6,349.53 and the S&P 500 is down 3.18 points or 0.1 percent at 2,471.74. With the rhetoric rumbling on, Europe's top-rated German bond yield held near six-week lows. Shares of Dow component Walt Disney were down 4.44 percent as investors doubted whether it can succeed with its plan to launch its own streaming services rather than rely on Netflix Inc to reach online ...

Finance Stocks in Europe and Asia Slip as North Korea Tensions Rise
Author: 0 Stocks in Europe and Asia Slip as North Korea Tensions Rise

Following Trump's remarks, North Korea on Wednesday said it was "carefully examining" plans for a missile attack on the U.S. Pacific territory of Guam, which is home to a large U.S. stock. The greenback was down 1.1 against the franc, its worst drop in more than six weeks. Japan's Nikkei 225 Index tumbled by 1.3%, while Hong Kong's Hang Seng Index fell by 0.4%.