Finance


Rite Aid Corporation (RAD) Sees Large Decline in Short Interest

SHIP's SI was 1.89 million shares in July as released by FINRA. Rite Aid Corporation (NYSE: RAD ) has declined 55.18% since July 27, 2016 and is downtrending. Morgan Stanley now owns 8,801,138 shares of the company's stock valued at $37,405,000 after buying an additional 1,143,809 shares during the period. Cowen and Company reiterated an "outperform" rating and set a $4.70 price objective on shares of Rite Aid Corporation in a research note on Monday, July 3rd.


US Fed opens 2-day meeting amid weak inflation

US Fed opens 2-day meeting amid weak inflation

The central bank probably wants to begin this process before it could face a major leadership shake-up as Janet Yellen's position as chair expires early next year. Now that the economy has improved, it needs less of the Fed's strong monetary medicine. However, officials also noted Wednesday that inflation is running below the 2 percent target they think is best for supporting economic growth.


RBA's Neutral Rate Rhetoric Overstated, Real Rate Similar To Fed's

RBA's Neutral Rate Rhetoric Overstated, Real Rate Similar To Fed's

While the Fed's still expected to do one more rate hike this year and announce the unwinding its balance sheet (potentially in September), the U.S. central bank's more dovish tone reversed the Australian dollar's direction, sending it back up above US$0.80 overnight.



Stock Alert: Bank of America Corporation (BAC)

About 62.02 million shares traded. Deutsche Bank AG reissued a "hold" rating on shares of Bank of America Corporation in a research note on Monday, July 3rd. Bank of America Corp (NYSE:BAC) has risen 58.64% since July 26, 2016 and is uptrending. Therefore 66% are positive. Bank of America had 73 analyst reports since July 21, 2015 according to SRatingsIntel.



Target Corporation (NYSE:TGT) Short Interest Update

Access Financial Services Inc.'s holdings in Target Corporation were worth $1,298,000 at the end of the most recent reporting period. And it remains to be seen which target price TGT can achieve without sacrificing much as the company is holding a -27.79% fall for the past twelve months.


Musk commented on the statement by Zuckerberg about artificial intelligence

Musk commented on the statement by Zuckerberg about artificial intelligence

The Boring Company's a Musk side-project, and there's not much to it, according to what the Tesla CEO said at an April TED Talk, as it's comprised of "basically interns and people doing it part time". If I'm taking the idea of this serious-and, honestly, I think a car-centric tunnel of the future has far less of a chance of becoming reality than a "verbally-approved by the government" Hyperloop-I suppose it at least looks efficient.



Host Hotels & Resorts, Inc. (NYSE:HST) Stock Ticks -1.05%

Rothschild Investment Corp IL's holdings in Host Hotels & Resorts were worth $1,086,000 at the end of the most recent reporting period. Atria Investments LLC raised its stake in shares of Host Hotels & Resorts by 4.4% in the first quarter. The business's quarterly revenue was up.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 earnings per share.


Crude futures settle higher as Saudi oil chief pledges export cuts

Crude futures settle higher as Saudi oil chief pledges export cuts

The North American benchmark WTI is now trading at $45.8 per barrel and Brent at $2.3 per barrel premium to WTI. Combined, the total oil and gas rig count in the U.S. The number of active oil rigs in the United States fell this week by 1 rig-it's second loss in four weeks, and its third loss this year-in a sign that the gains we've seen week after week are starting to slow.



Brokers Change Their Target Price On Valeant Pharmaceuticals International, Inc. (NYSE:VRX)

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. Tobam has 0.58% invested in Valeant Pharmaceuticals Intl Inc (NYSE: VRX ). Investors sentiment decreased to 0.78 in Q4 2016. Its down 0.31, from 1.24 in 2016Q3. It dived, as 82 investors sold VRX shares while 87 reduced holdings.



Stock Traders Buy High Volume of Put Options on Applied Optoelectronics (AAOI)

Roth Capital increased their price objective on Applied Optoelectronics from $70.00 to $90.00 and gave the company a "buy" rating in a research note on Thursday, July 13th. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . In other news, Director William H. Yeh sold 30,000 shares of the company's stock in a transaction that occurred on Friday, June 2nd.


Justin Bieber bans from performing in China due to bad behavior

Justin Bieber bans from performing in China due to bad behavior

The country didn't go into specific reasons why the Canadian singer couldn't perform, but, according to a translation, called him a "controversial young foreign singer". Ok then! It's all about that the Chinese government thinks that he has a tendency to attract controversies but at the same time, the Chinese government accepts that he is a talented singer.


Lyft is following Uber into self-driving cars

Lyft is following Uber into self-driving cars

As companies like Google, Tesla, Ford, and Uber have demonstrated in recent years, self-driving cars are increasingly capable machines . Individual manufacturers may retain the data collected by their own vehicles, but Lyft declined to say whether, for example, Waymo will be able to study data collected by Nutonomy's vehicles and vice versa.


Moody's Corporation, General Electric Company Q2 2017 Earnings

Moody's Corporation, General Electric Company Q2 2017 Earnings

Industrial operating cash flow rose to $1.5 billion in the second quarter, GE said in a statement on Friday as it reported earnings. In recent years, the company has turned its focus to its industrial businesses, shedding low-margin units like home appliances and recently closed a big oil-and-gas deal.


Derailment In Brighton Beach Disrupts Subway Service

Derailment In Brighton Beach Disrupts Subway Service

About 135 people were on board at the time. After walking through the B train they were able to disembark onto the Brighton Beach station platform. From there, they were rerouted on buses. Portions of B and Q train service were suspended after Friday's derailment. "This morning's subway derailment in Brighton Beach is simply the latest in a troubling pattern of incidents that have made clear that the MTA is in dire need of increased funding at both the City and State levels".


'Farm subsidies must be earned' after Brexit, says Defra secretary Michael Gove

'Farm subsidies must be earned' after Brexit, says Defra secretary Michael Gove

Numerous laws on the environment now come from Brussels, from agricultural policy and farming subsidies, to air pollution limits, bathing water quality, wildlife protection and climate action such as energy efficiency standards. 'Informed by rigorous scientific analysis, we can develop global gold standard policies on pesticides and chemicals, habitat management and biodiversity, animal welfare and biosecurity, soil protection and river management and so many other areas'.


Bank of America moving London positions to Dublin over Brexit

Bank of America moving London positions to Dublin over Brexit

The bank joins Citigroup and Morgan Stanley , which both intend to shift their European Union operations to Frankfurt , Germany , as the most recent US bank to decide on where it will do business on the continent once Britain and the European Union finalize the Brexit, BBC reported .



CENTRAL TRUST Co Has $195000 Stake in East West Bancorp, Inc. (EWBC)

Media coverage about East West Bancorp (NASDAQ:EWBC) has been trending somewhat negative recently, Accern Sentiment reports. BidaskClub lowered shares of East West Bancorp from a "buy" rating to a "hold" rating in a research report on Wednesday, July 12th.


BBC stars' pay revealed in annual review

BBC stars' pay revealed in annual review

Former soccer player Gary Lineker , now presenter of a hugely popular soccer programme on the, has said he could have made more money working elsewhere. Other big earners at the BBC include radio host Jeremy Vine (£700,000 - £749,999), Mastermind presenter John Humphrys (£600,000 - £649,999) and news anchor Huw Edwards (£550,000 - £599,999).


BHP Billiton Limited (NYSE:BHP) Raised to

BHP Billiton Limited (NYSE:BHP) Raised to "Strong-Buy" at BidaskClub

A number of research analysts have recently commented on BBL shares. The firm has "Hold" rating by Liberum Capital given on Wednesday, August 5. Citigroup Inc. It closed at $39.43 lastly. It is down 31.15% since July 19, 2016 and is uptrending. It has outperformed by 17.62% the S&P500. The company will also increase spending to $1.2bn (£921.6m) from $0.55bn.


Audi slammed for sexist advert in China

Audi slammed for sexist advert in China

The groom's mother suddenly interrupts the ceremony to inspect the bride. The commercial then says: " An important decision must be made carefully ". It's an ad from Ogilvy & Mather Beijing promoting used Audis that have been checked out and officially certified for resale.


Stock Movement Analysis: Reynolds American Inc (NYSE:RAI)

Stock Movement Analysis: Reynolds American Inc (NYSE:RAI)

The stock shows a Short Ratio of 2.33 with the total number of Shares Short (Previous Month) of 9.59 Million. British American Tobacco PLC on Wednesday said its proposed acquisition of Reynolds American Inc has been approved by shareholders at its general meeting.


Cars go missing in airport parking firm chaos

Cars go missing in airport parking firm chaos

Hundreds of holidaymakers were left stranded at Gatwick Airport after a auto parking firm closed down and failed to return their vehicles. Roughly 120 vehicles across sites in Surrey and Sussex have been located, but there are still around 30 sets of keys to vehicles which have not yet been located.


Q2 Rev Misses, EPS Beats; Affirms Year Outlook — IBM Sags

Q2 Rev Misses, EPS Beats; Affirms Year Outlook — IBM Sags

It has underperformed by 11.84% the S&P500. But IBM , based in Armonk, N.Y., is "not out of the acquisition business" and is "still active acquirers", Schroeter said. (NYSE: IBM ) for 30,585 shares. Geode Capital Limited Liability Corp has 0% invested in Maxwell Technologies Inc. Bingham Osborn Scarborough Limited Liability owns 4,111 shares.



Independent Bank Corp. (INDB) Set to Announce Earnings on Thursday

It has outperformed by 14.13% the S&P500. The Brown Advisory Securities Llc holds 11,725 shares with $869,000 value, down from 16,195 last quarter. American Express Co now has $76.11 billion valuation. Through the Company's subsidiary, Independent Bank, the Company provides a range of commercial banking services and products tailored to meet the needs of businesses, professionals and individuals.


$0.16 EPS Expected for Enable Midstream Partners LP (ENBL)

$0.16 EPS Expected for Enable Midstream Partners LP (ENBL)

About 77,487 shares traded. It has outperformed by 15.86% the S&P500. Guggenheim Capital LLC boosted its stake in Rice Midstream Partners by 14.0% in the fourth quarter. The firm earned "Buy" rating on Monday, November 16 by DA Davidson. The rating was maintained by Goldman Sachs on Thursday, May 12 with "Neutral". Since February 9, 2017, it had 0 buys, and 10 sales for $4.76 million activity.



Analysts Set Vince Holding Corp. (NYSE:VNCE) Price Target at $3.88

It has underperformed by 4.16% the S&P500. (NYSE:VNCE) have been given an average rating of "Hold" by the seven analysts that are presently covering the company, MarketBeat reports. Moreover, Bank Of America Corp De has 0% invested in the company for 806 shares. Shares for $6.18M were sold by Duato Joaquin. Zacks Investment Research raised Vince Holding Corp.



Barclays Upgrades Rating On Plains Group Holdings, LP Cla (PAGP)

DnB Asset Management AS maintained its stake in shares of Plains GP Holdings LP (NYSE: PAGP ) during the second quarter, according to its most recent filing with the SEC. Therefore 40% are positive. Also, the number of investment managers holding Plains GP Holdings LP in their top 10 equity positions decreased from 5 to 1 for a decrease of 4.



RPC, Inc. (NYSE:RES) Given New $23.00 Price Target at Morgan Stanley

Guggenheim raised its rating on RPC, Inc.to Buy on 26/01/2017 in a reversal from its prior Neutral rating. (NYSE: RES ). Everpoint Asset Lc has 0.07% invested in RPC, Inc. It now has negative earnings. The Company's segments are Technical Services and Support Services. Its up 0.17, from 1 in 2016Q3. 28 funds opened positions while 64 raised stakes.