• Personal Income Growth Bounces Back and Spending Remains Solid in July
Personal Income Growth Bounces Back and Spending Remains Solid in July

Core prices, stripping food and energy, rose 0.1 percent sequentially, but year-on-year core PCE inflation dropped slightly to 1.4 percent from 1.5 percent in June. By that time monthly inflation should have picked up and the labor market will have further tightened, supporting another rate increase. U.S. stocks were trading higher on the diminis...

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  • Otonomy, Inc. (OTIC) Sees 52-Week Low
Otonomy, Inc. (OTIC) Sees 52-Week Low

The value of the investment in OTIC went from $1,684,000 to $1,825,000 a change of $141,000 for the reporting period. The company reported revenue of $5 Million in the same period a year ago. Analysts expect next quarter's EPS will be $-0.81 with next year's EPS projected to be $-3.01. Dycom Industries is now in the red on a year-to-date basis, a...

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  • SpaceX Hyperloop pod breaks its own record with 355kph speed run
SpaceX Hyperloop pod breaks its own record with 355kph speed run

The day was an exciting one with the teams eager to show that their pods could not only travel the length of SpaceX's test track - but also do it fast. I asked Comeau about whether or not the news that Elon Musk is getting into building his own Hyperloop with The Boring Company changes the nature of the competition at all for his team, or the...

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  • Amazon hit with proposed class action lawsuit for defective eclipse glasses
Amazon hit with proposed class action lawsuit for defective eclipse glasses

They assumed the glasses would allow them to safely view the United States' first coast-to-coast total solar eclipse in a century on August 21, according to the documents. "Its email notification was insufficient to timely apprise customers of the defective nature of their glasses, and resulted in the plaintiffs and members of the proposed class ...

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  • Warren criticizes think tank for ousting scholar who ripped Google
Warren criticizes think tank for ousting scholar who ripped Google

The ouster followed a blog post by Lynn that praised the European Commission's June decision to fine Google ( goog ) $2.7 billion for breaching antitrust rules. This came following a case in which Google emerged victor in its fight with the US Department of Labour over supplying pay gap data. The Open Markets group led by Lynn contains numero...

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  • Here is What Institutional Investors Think About Hibbett Sports Inc (NASDAQ:HIBB)
Here is What Institutional Investors Think About Hibbett Sports Inc (NASDAQ:HIBB)

Hibbett Sports, Inc . ( HIBB ) shares are up 7.17% for the week and that has got investors and traders sitting up and taking note. It has underperformed by 42.77% the S&P500. Janney Montgomery Scott Limited Liability has invested 0% of its portfolio in Hibbett Sports, Inc . UBS Group AG raised its stake in Hibbett Sports by 135.8% in the first q...

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  • Harvey: Why oil prices are falling, not spiking
Harvey: Why oil prices are falling, not spiking

The refinery closures helped push US gasoline futures to a two-year high of $1.7799 per gallon on Monday, although they had receded to $1.7030 by 1158 GMT on Tuesday. Preparing for more rain and floods, Total cut production in half at its 225,500 bpd refinery, also in Port Arthur. Parts of the refinery were flooded after more than a foot of rain.

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  • Stock Jumping Abnormally High: Verizon Communications Inc. (VZ)
Stock Jumping Abnormally High: Verizon Communications Inc. (VZ)

On average, equities research analysts predict that Verizon Communications Inc. will post $3.78 earnings per share for the current fiscal year. The stock increased 0.62% or $0.1 during the last trading session, reaching $16.2. crowd sourced stock rating company Vetr boosted Verizon Communications from a "hold" recommendation to a "buy" recommen...

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  • Earnings Clues on MBIA Inc. (MBI), Southwest Airlines Co. (LUV) Analyst's Predictions
Earnings Clues on MBIA Inc. (MBI), Southwest Airlines Co. (LUV) Analyst's Predictions

As per Tuesday, September 29, the company rating was maintained by Cantor Fitzgerald. Stifel Nicolaus reaffirmed a "buy" rating on shares of American Airlines Group in a research note on Friday, May 26th. It also upped Ishares Tr (Put) (IWM) stake by 100,000 shares and now owns 1.10M shares. Rydex Etf Trust (RFG) was raised too. Since May 17, 201...

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  • Refineries in Gulf Brace for Another Hit
Refineries in Gulf Brace for Another Hit

According to Goldman Sachs, refining production declined by 4.1 million barrels per day (bpd) in the USA as of 29 August, representing 23% of the total refining production. Valero Energy Corp. shut the large crude distillation unit and the gasoline-producing fluidic catalytic cracking unit at its 335,000-bpd Port Arthur, Texas, refinery.

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  • Oppenheimer Holdings, Inc. Reaffirms Outperform Rating for Palo Alto Networks, Inc. (PANW)
Oppenheimer Holdings, Inc. Reaffirms Outperform Rating for Palo Alto Networks, Inc. (PANW)

The corporation has a 50 Day SMA of $134.20 and a two hundred SMA of $127.24. Sands Capital Management, LLC is the second biggest holder with 4 million shares now valued at 404.04 million whilst Jennison Associates LLC has 3 million shares valued at 324.92 million.

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  • Harvey's Wrath Draws Millions in Relief from Energy Sector and Beyond
Harvey's Wrath Draws Millions in Relief from Energy Sector and Beyond

We must come together and collectively help rebuild the aspects of our community members lives that were damaged or lost. "I'm sitting here watching the news, checking the Internet and seeing everything that's going on with Hurricane Harvey and the damage it's causing back home , and it's very hard", Watt said in a video he posted Sunday on ...

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  • Titans Owner Makes a Million Dollar Donation to Houston Flood Relief
Titans Owner Makes a Million Dollar Donation to Houston Flood Relief

In addition, the NFL Foundation is matching the Texans' $1 million relief donation, Cowboys executive vice president Charlotte Jones Anderson announced. The goal was raised to $10 million after donations surpassed the $6 million mark Wednesday, August 30th. Watt was overwhelmed with how many people were donating and said,"I think that it'...

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  • Sinclair Broadcast Group, Inc. (SBGI) added to 54 new portfolios
Sinclair Broadcast Group, Inc. (SBGI) added to 54 new portfolios

Moreover, Penn Cap Mgmt has 0.09% invested in Netlist, Inc. The firm earned "Overweight" rating on Thursday, November 3 by Stephens. Sinclair Broadcast Group, Inc . Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Sinclair Broadcast Group by 55.7% in the first quarter. Aperio Group Ltd invested 0% in Sinclair Broadcast ...

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  • GDP growth slips to 5.7% in April-June
GDP growth slips to 5.7% in April-June

Uncertainty about new indirect tax rates under GST prompted a host of industries, including carmakers, FMCG companies and garment manufacturers, to clear their stocks. The manufacturing sector crawled at 1.2 percent during the quarter-ended June from a 10.7 percent growth in the same period past year. Last year, India's economy clocked 7.1 perc...

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  • Revenue Approximations Analysis: HCP, Inc. (HCP), Devon Energy Corporation (DVN)
Revenue Approximations Analysis: HCP, Inc. (HCP), Devon Energy Corporation (DVN)

Investors who are keeping close eye on the stock of HCP, Inc. Didn't Disappoint in Q2" published on August 02, 2017 as well as Bizjournals.com's news article titled: "Deal of the Week: "Devon Energy sells Eagle Ford assets to Houston's Penn Virginia" with publication date: "August 04, 2017.

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  • Delta Air Lines, Inc. (NYSE:DAL) Buckles Under The Trend Lines
Delta Air Lines, Inc. (NYSE:DAL) Buckles Under The Trend Lines

Shaker Financial Services Llc holds 2.29% of its portfolio in Nuveen Tax-Advantaged Dividend Growth Fd for 277,506 shares. Trend Direction of Delta Air Lines, Inc . Endurance Wealth Management holds 0.01% or 12,500 shares. Mufg Americas Corp invested in 0.02% or 11,530 shares. Armstrong Shaw Assoc Ct, a Connecticut-based fund reported 324,660 ...

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  • German and Spanish inflation rises add to debate on QE
German and Spanish inflation rises add to debate on QE

The strong figures came only days after Mario Draghi, president of the European Central Bank , urged patience in the... The ECB has an official target of getting inflation to just below 2 per cent. "But with core inflation still fairly soft, the European Central Bank will be in no hurry to taper its asset purchases", she added. The euro was ma...

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  • Harvey may succeed where OPEC has struggled by boosting oil prices: Russell
Harvey may succeed where OPEC has struggled by boosting oil prices: Russell

With crude stockpiles likely to rise over the coming weeks, as refining capacity struggles to recover, traders were anticipating a continuation of the near-term trend for lower crude prices but more expensive petrol. Harvey, which has been downgraded to a storm, has caused massive floods across coastal Texas, including in Houston . The U.S. has si...

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  • Analog Devices, Inc. (NASDAQ:ADI) Quarterly EPS Analysis
Analog Devices, Inc. (NASDAQ:ADI) Quarterly EPS Analysis

Analysts are projecting that the stock will reach $6.75 on a short term (1 year) basis. Southport Management Llc acquired 10,000 shares as Analog Devices Inc (ADI)'s stock declined 1.50%. Great Lakes Limited Liability reported 0.06% of its portfolio in Analog Devices, Inc . The firm had revenue of $1.43 billion for the quarter, compared to ana...

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