Economy

Economy Fourth Quarter GDP Revised from 2.6% to 2.5%
Author: 0 Fourth Quarter GDP Revised from 2.6% to 2.5%

The Commerce Department says the fourth quarter advance in the gross domestic product , the economy's total output of goods and services, followed even faster increases of 3.1 per cent in the second quarter and 3.2 per cent in the third quarter.

Economy Microchip Technology Inc. (MCHP), Invesco Ltd. (IVZ)
Author: 0 Microchip Technology Inc. (MCHP), Invesco Ltd. (IVZ)

Want to see what other hedge funds are holding MCHP? Dana Inv Advsrs invested in 79,557 shares. The fund owned 223,350 shares of the semiconductor company's stock after purchasing an additional 9,173 shares during the quarter. Sun Life Financial Incorporated invested 0.04% in Microchip Technology Incorporated (NASDAQ:MCHP). The Coho Partners Ltd holds 1.59M shares with $143.08 million value, down from 1.68 million last quarter.

Economy Park Hotels & Resorts (PK) Releases Earnings Results, Beats Expectations By $0.46 EPS
Author: 0 Park Hotels & Resorts (PK) Releases Earnings Results, Beats Expectations By $0.46 EPS

HNA Group plans to sell its $1.4 billion stake in United States hotel chain Park Hotels & Resort Inc to ease its financial crisis, according to public documents regarding the cash-strapped Chinese conglomerate. Cubist Systematic Strategies LLC lifted its stake in shares of Host Hotels and Resorts by 2,038.5% in the second quarter. Swiss National Bank & Trust invested in 0.96% or 23.63M shares.

Author: 0 Capital International Investors Has $699.80 Million Stake in Schlumberger Limited. (SLB)

The stock increased 1.21% or $0.36 during the last trading session, reaching $30.1. About 4.32 million shares traded. UDR, Inc. (NYSE:UDR) has risen 7.20% since March 2, 2017 and is uptrending. Advisors Asset Mngmt accumulated 46,236 shares. 8,774 are held by Apriem Advisors. Gulf Interest Bank (Uk) Ltd stated it has 35,109 shares. Afam accumulated 17,991 shares or 0.15% of the stock.

Economy Euro zone inflation falls to 1.2% in February
Author: 0 Euro zone inflation falls to 1.2% in February

LONDON, Feb 26 (Reuters) - Euro zone government bond yields drifted lower on Monday with Germany's benchmark Bund yield briefly touching a one-month low, as investors positioned for a run of potentially market-moving data and events this week.

Economy CA Has $4.42 Million Holdings in Anheuser Busch Inbev NV (NYSE:BUD)
Author: 0 CA Has $4.42 Million Holdings in Anheuser Busch Inbev NV (NYSE:BUD)

Soroban Capital Partners Lp who had been investing in Anheuser Busch Inbev Sa/Nv (Call) for a number of months, seems to be bullish on the $214.48 billion market cap company. Its down 0.04, from 1.38 in 2017Q2. ILLEGAL ACTIVITY WARNING: " Anheuser Busch Inbev NV (NYSE: BUD ) Stake Lowered by East Coast Asset Management LLC." was reported by Equities Focus and is owned by of Equities Focus.

Economy Penney Drops on Missing Holiday Sales Targets
Author: 0 Penney Drops on Missing Holiday Sales Targets

Teacher Retirement System of Texas now owns 106,538 shares of the department store operator's stock worth $337,000 after acquiring an additional 80,788 shares during the last quarter. (NYSE:JCP) for 305,695 shares. These holdings make up 77.51% of the company's outstanding shares. Nationwide Fund Advsr reported 0% stake. (NYSE:JCP) is 0.61145.

Author: 0 Trims Moneysupermarket.Com Group (LON:MONY) Target Price to GBX 330

It has underperformed by 28.46% the S&P500. Peel Hunt's target suggests a potential upside of 20.22% from the company's current price. In a analysts note revealed to investors and clients on Friday, 2 March, Shore Capital stated it was downgrading Moneysupermarket.com Group (LON:MONY) stock rating to a "Hold".

Economy BoE governor calls for better regulation of crypto sector
Author: 0 BoE governor calls for better regulation of crypto sector

Carney said greater regulation of cryptocurrencies is needed. "The Financial Policy Committee is looking at the risks to financial stability ", Governor of the UK's central bank Mark Carney said. This week, the European Union's financial services chief said Brussels was ready to regulate cryptocurrencies if risks from the sector are not tackled at the global level.

Economy Wall St sinks on Trump tariffs, interest rate worries
Author: 0 Wall St sinks on Trump tariffs, interest rate worries

He took to Twitter to defend his promise from Thursday to impose stiff tariffs on imports of steel and aluminum, saying the United States is losing on trade with virtually every country and that "trade wars are good" and "easy to win". "It's helping about a dozen stocks in those industries but has raised the specter of trade wars, and trade wars don't help the stock market". That could easily upset markets, which had been enjoying a remarkably smooth ride past year.

Economy State approves Javelin missile sale to Ukraine
Author: 0 State approves Javelin missile sale to Ukraine

The resolution, first of all, condemns Russia's continuing armed aggression against Ukraine, emphasizes the inadmissibility of any violations by the Russian occupation authorities of human rights and freedoms in the temporarily occupied territories of Ukraine, as well as the fact that Russia, as an occupying power, is fully responsible for the violation of the rights of the civilian population in the occupied territory.

Economy The problem with Tripura exit poll predictions
Author: 0 The problem with Tripura exit poll predictions

Of the three states, hung Assemblies have been predicted in Nagaland and Meghalaya . Four prominent parties are fighting the poll battle in Tripura - Communist Party of India (Marxist) (CPM), Indian National Congress (INC), Bhartiya Janta Party ( BJP ) and All India Trinamool Congress (AITC).

Economy Canada retailer stops selling products linked to U.S. gunmaker
Author: 0 Canada retailer stops selling products linked to U.S. gunmaker

However, the existing products of Vista in the Canadian store will not be taken off the shelves immediately but will remain in place till they are sold. "We're really not making a political statement", He said. "I include myself in that community", Labistour wrote. I have proudly served in the military and grew up in a rural area where hunting was commonplace.

Economy Amazon Music launched in India for Prime subscribers
Author: 0 Amazon Music launched in India for Prime subscribers

This is an exciting time for Amazon Prime subscribers in India. Gaana will also be developing its subscription product for paying users. At present, five music labels have already signed up for the service, including T-Series, Venus Music, Sony Music, Saregama and Zee Music Company.

Economy China's Top Paper Says Reform Doesn't Mean Life-Long Presidency
Author: 0 China's Top Paper Says Reform Doesn't Mean Life-Long Presidency

Liu, the man representing China in talks with United States officials this week, "more than anyone else enjoys Xi's trust" on the economy, said James Wang, an associate professor of economics at the City University of Hong Kong. But there is another aspect. Chinese society has changed profoundly since the Mao era. Tellingly, the BBC reported that the new controversial move "has ignited discussion on Chinese social media and pushed online Government censors into overdrive".

Economy USA makes new push for UN Syria chemical weapons
Author: 0 USA makes new push for UN Syria chemical weapons

The New York Times reported earlier this week that a confidential 200-page report by a United Nations panel claimed that Pyongyang had shipped components for the creation of chemical weapons to Syria , including acid-resistant tiles, valves and thermometers.

Economy Birthplace of diesel approves banning diesel cars in German cities
Author: 0 Birthplace of diesel approves banning diesel cars in German cities

The court did not impose any bans itself, leaving that up t the city and municipal authorities. If it does, as many as 12 million diesel vehicle owners could find themselves barred from entering congested city centres, and a huge fall in the value of the biggest investment they are likely to ever make outside of home ownership.

Economy Federal government plays it safe, proposes to maintain Canada Media Fund investment
Author: 0 Federal government plays it safe, proposes to maintain Canada Media Fund investment

These include the stock options and capital gains loopholes that allow those wealthy enough to get money from stock options and capital gains to pay only half the tax rate people pay for earned income. The lack of target date for a balanced budget drew swift criticism Tuesday - from some economists and from the opposition Conservatives. The government could, for instance, deliver on its promise of saving billions of dollars by closing unjust and ineffective tax loopholes, which could - again, ...

Economy ICE Arrests Over 150 in Bay Area
Author: 0 ICE Arrests Over 150 in Bay Area

It is Oakland's legal right to be a sanctuary city and we have not broken any laws. "We believe our community is safer when families stay together", she said. "ICE will also likely have to detain individuals arrested in California in detention facilities outside of the state, far from any family they may have in California".

Author: 0 American Outdoor Brands (AOBC) Receives News Sentiment Rating of 0.27

Cowen reissued a "buy" rating and issued a $19.00 price objective on shares of American Outdoor Brands in a report on Friday, December 8th. Eight research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock.

Economy Major gun retailer to stop selling assault-style weapons — Dick's Sporting Goods
Author: 0 Major gun retailer to stop selling assault-style weapons — Dick's Sporting Goods

Wednesday marks two weeks since the deadly school shooting in Parkland, Florida . Seventeen people lost their lives. "This feels really good for us and we are comfortable with our decision", said Stack. This isn't the only business making its own rules for guns sales. "It's less money in their pockets". Walmart does not sell guns in California, but Norman's location does sell ammunition.

Economy US manufacturing growth accelerates in February: ISM
Author: 0 US manufacturing growth accelerates in February: ISM

Fiore, chair of the ISM, said: "This indicates growth in manufacturing for the 18th consecutive month at strong levels led by continued expansion in new orders, production activity, employment and inventories, with suppliers continuing to struggle delivering to demand".

Economy Mexico factory output slips in February to 4-month low
Author: 0 Mexico factory output slips in February to 4-month low

Malaysian firms faced higher production cost compared to last January and the previous 15 month due to weak currency exchange relative to the U.S. dollar, the report added. The breakdown shows a widespread deterioration in demand with the subindices for output , new orders and imports all dropping. But analysts say increasing trade frictions with the United States could cloud the outlook for exporters in the world's second-largest economy.

Author: 0 Oasis Midstream Partners (OMP) Scheduled to Post Quarterly Earnings on Tuesday

Baird. Stifel Nicolaus restated a "buy" rating and issued a $37.00 price objective on shares of Antero Midstream Partners in a research note on Wednesday, January 17th. Vetr downgraded it to "Hold" rating and $76.65 target in Thursday, September 17 report. The firm has "Buy" rating by Sterne Agee CRT given on Friday, October 2.

Economy Sensex slips 137 pts as banking stocks extend losses
Author: 0 Sensex slips 137 pts as banking stocks extend losses

The market breadth favoured the declines as 1163 shares advanced, against a decline of 1532 shares, while 207 shares were unchanged. According to the official data released after market hours yesterday, the GDP growth rate rose to a five-quarter high growth of 7.2% in the October-December quarter on good showing by key sectors like manufacturing.

Economy Kroger joins other big retailers, tightens gun restrictions
Author: 0 Kroger joins other big retailers, tightens gun restrictions

Kroger's decision comes after Dick's and Walmart announced on Wednesday that they would both increase the purchasing age of firearms to 21. The retailer had stopped selling assault-style rifles in 2015, according to officials. The company had previously stopped offering those weapons at its locations in Oregon, Washington and Idaho years ago, Howard said. They called the moves common sense steps in line with the company's values and vision.

Economy Happy Holi 2018: Facts For India's Spring Festival Of Colors Celebration
Author: 0 Happy Holi 2018: Facts For India's Spring Festival Of Colors Celebration

The festival has become popular with non-religious people across the United Kingdom using the celebration as a chance to get together armed with dry colours and water balloons filled with coloured water. Here's wishing all of you a happy and safe Holi from team HiTech Gazette! During Holi , it hosts the Basant Utsav, a quiet celebration of spring with cultural programs.

Economy KFC in chicken gravy shortage as supply problems continue
Author: 0 KFC in chicken gravy shortage as supply problems continue

In an effort to avoid another large fiasco like the chicken incident, supplies for the major fast food chain have been told to deliver ingredients directly to restaurants. Last Tuesday the store had no chicken on the bone, no mini fillets or lettuce, and was down to its last half-box of buns. Not only did they lose the Ashes in demoralising fashion, they now can't dip their chips into more potato mixed with gravy.

Economy Man takes a $1600 Uber ride home after drunken night out
Author: 0 Man takes a $1600 Uber ride home after drunken night out

The base fare was $3.94, the booking fee was $2.35 and it cost $696.95 for distance. Kenneth adds that he accidentally ordered a more expensive UberXL , and had no choice but to pay the fare. Bachman got back to New Jersey safe and sound. He says he gave the driver five stars and even gave the driver cash to cover the cost of tolls on the way home .

Economy Watch plane engine catch fire in-flight
Author: 0 Watch plane engine catch fire in-flight

The dramatic moment when the burning plane flew back to the airport was captured on camera by eyewitness Ben McConkie. A Southwest plane that took off from Salt Lake City on Monday morning made an emergency landing at the airport after one of its engines appeared to catch fire midair.

Economy Gas prices drop almost 6 cents in Rockford
Author: 0 Gas prices drop almost 6 cents in Rockford

Hawaii ($3.48) and California have the most expensive gas, while Texas ($2.25) and SC ($2.25) have the least expensive gas prices. Drivers should brace for higher gas prices this spring. Historically, maintenance season has caused gas prices to jump 15-75 cents from February to June. A variety of factors including USA gasoline supply-demand levels, gasoline production rates, global crude demand will help better shape the summer forecast, officials said.

Economy Happ, Davison earn Big Ten honors
Author: 0 Happ, Davison earn Big Ten honors

Davison has been able to score just about all season, but honestly, I think he has just matured in a lot of facets. Junior forward Ethan Happ added 13 points and six rebounds for the Badgers (14-17, 7-11). "I guess he was good to go". Corey Davis Jr. chipped in with 16 points, six rebounds and seven assists. The lone loss during that recent surge was Sunday when the Badgers pushed Big Ten champion Michigan State to the brink in a narrow 68-63 Spartans' victory.