ECONOMIA

Manufacturing Index Grew to Six-Year High in August

Manufacturing Index Grew to Six-Year High in August Economists polled by MarketWatch expected a reading of 56.8%. The bigger than expected increase lifted the purchasing managers index to its highest level since reaching 59.1 in April of 2011. In a similar way, supplier deliveries (up from 55.4 to 57.1) and inventories (up from 50.0 to 55.5) both accelerated in August, with the latter at its highest level in nearly seven years. Continua a leggere...

Walgreens Boots Alliance, Inc. (WBA)

The firm is scheduled to issue its next quarterly earnings results on Thursday, October 19th. Its share price has decline -1.93% in three months and is up 1.24% for the last five trades. The firm has a market capitalization of $87.21 billion, a P/E ratio of 20.58 and a beta of 1.25. Moving averages can be very helpful for identifying peaks and troughs. Continua a leggere...

Demonetisation: Modi's political masterstroke at the cost of India's economy and citizens

Demonetisation: Modi's political masterstroke at the cost of India's economy and citizens The Congress party on Friday slammed the government over demonetisation and asked Prime Minister Narendra Modi to stop spreading false propaganda, after the GDP of the country plunged to a three-year low. Terming the government "nikkami" (useless), the Congress also sought 10-year GDP statistics. On Finance Minister Arun Jaitley saying that tax payers" base has expanded after demonetizat... Continua a leggere...

Starbucks Sued Over Teavana Store Closings

Starbucks Sued Over Teavana Store Closings The suit, filed August 21 in Marion Superior Court in IN, seeks temporary and permanent injunctions against the closures on the grounds that leases haven't been fulfilled. Simon Property Group is arguing that the coffee giant is failing to fulfill its lease obligations as Starbucks should have continued operating the stores through the duration of the lease. Continua a leggere...

Native Tech Billionaire Michael Dell Launches Ambitious Fund To Help Harvey Victims

Native Tech Billionaire Michael Dell Launches Ambitious Fund To Help Harvey Victims The pair are collaborating with OneStar Foundation and plan on contributing $36 million to the account. "The Rebuild Texas Fund will be a partnership among rally companies, community leaders and individuals to work alongside state and federal officials to provide an official source of funding and ideas for recovery and rebuilding", Dell said. Continua a leggere...

Job numbers fall short of expectations in August

Job numbers fall short of expectations in August Unemployment rose a tick to 4.4% from 4.3%, the Labor Department said (https://www.bls.gov/news.release/empsit.nr0.htm). August's moderation in employment growth, which pushed payroll gains below the 176,000 monthly average for this year likely reflects a seasonal quirk as well as a dearth of qualified workers. Continua a leggere...

Texas Railroad Commissioner says there is no fuel shortage, calls for calm

Texas Railroad Commissioner says there is no fuel shortage, calls for calm As gas prices spike across Texas and fuel runs short at some gas stations, officials say there's no shortage of fuel in the state because of Harvey. "But you don't need to go fill it up every time you go around the block and top it off again", said Burns. Continua a leggere...

Questions Remain as Dow and DuPont Become DowDuPont

Questions Remain as Dow and DuPont Become DowDuPont DuPont, now a component of the Dow Jones Industrial Average, has seen its stock climb 11.6% in the year-to-date, while Dow Chemical's stock has rallied 11.9%, boosted by the merger move which was first announced in December 2015. Before the deal was finalized, Dow and DuPont argued that merging would help them cut costs and drive seed and chemical innovation. DowDuPont said that within 18 months... Continua a leggere...

United Kingdom petrol prices could rise in the aftermath of Hurricane Harvey

United Kingdom petrol prices could rise in the aftermath of Hurricane Harvey Storms brought by Harvey have led to the shutdown of United States refineries on the Gulf Coast, leading to a surge in demand for imported petrol. Madderson explained: "Margins have been tight for some time this year so increases of this magnitude will have to be passed on at the pump quickly". Continua a leggere...

Gramercy Property Trust (NYSE:GPT) Sees Unusual Trading Volume in Its Shares

Finally, Uniplan Investment Counsel Inc. purchased a new stake in shares of Gramercy Property Trust during the first quarter valued at approximately $30,731,000. Gramercy Property Trust's payout ratio is now 1,666.85%. TRADEMARK VIOLATION WARNING: This news story was first published by BBNS and is the sole property of of BBNS. Continua a leggere...

Ford Aug US Sales Down 2.1%

The total value of its holdings increased 84,549.6%. GM stock was up 1.9% to $37.24. CWA Asset Management Group LLC acquired a new position in Ford Motor during the first quarter worth approximately $122,000. GM has been the topic of a number of research analyst reports. ValuEngine lowered shares of Ford Motor from a "buy" rating to a "hold" rating in a research report on Saturday, June 17th. Continua a leggere...

Energy Stock Selloff Continues as Harvey Dumps Rain and Wind on Texas

Energy Stock Selloff Continues as Harvey Dumps Rain and Wind on Texas Others said higher gasoline prices might prompt operational refineries to delay typical September seasonal maintenance. Even as plants recover, the restarts will be delayed by distribution issues and crude supply, Sandy Fielden, director of oil and products research at Morningstar Commodities Research, wrote in a note. Continua a leggere...

Dollar Falls to Its Lowest Level Since January 2015

Dollar Falls to Its Lowest Level Since January 2015 The official PMI firmed to 51.7, from 51.4 in July. The index was up 0.3 percent by 0715 GMT on Wednesday. The Dow Jones Industrial Average rose 54.17 points, or 0.25 percent, to 21,862.57, the S&P 500 gained 3.86 points, or 0.16 percent, to 2,448.1 and the Nasdaq Composite added 26.04 points, or 0.41 percent, to 6,309.06. Continua a leggere...

Starbucks' Pumpkin Spice Lattes arrive in Pennsylvania

Starbucks' Pumpkin Spice Lattes arrive in Pennsylvania However, this is probably not the strangest option available. Blue Diamond almonds have gotten in on the pumpkin trend as well. If you are still head over heels for pumpkin but would like to broaden your fall beverage horizons, Starbucks is offering a brand new fall drink on September 5th - the Teavana Pumpkin Spice Chai Tea Latte . Continua a leggere...

Virginia among states with biggest gas prices increases post-Harvey

Part of the pipeline that runs through Texas is shut down and inspections must be done before the entire system can be fully operational again, Colonial Pipeline spokesman Steve Baker said Thursday. Others may remain shut longer, so motorists nationwide may not have seen the full impact of Harvey yet. "Even so, prices are considerably lower than they were from 2011 to 2014", Conde said. Continua a leggere...

Rio Tinto Completes Sale Of Coal & Allied Industries To Yancoal

Rio Tinto Completes Sale Of Coal & Allied Industries To Yancoal Yancoal, which beat out rival Glencore in a bidding war for the assets , will take over management of the Coal & Allied Industries subsidiary from today. Rio Tinto will use the consideration received for general corporate purposes and the Group's capital allocation framework will be applied. Rio's shareholders voted to approve the sale of the wholly owned subsidiary in June. Continua a leggere...

Aftab Shivdasani marries Nin while holidaying in Sri Lanka

Aftab Shivdasani marries Nin while holidaying in Sri Lanka Well, as the saying goes, it's never too late to begin again, both of them recently tied the knot in a breathtakingly handsome traditional wedding ceremony in Sri Lanka, with all the taam jhaam among close family members and friends. Their lavish wedding took place in Sri Lanka and the Mehendi ceremony was at the beach. Aftab was wearing Troy Costa for all of his functions and Nin was wearing ... Continua a leggere...

Man arrested, homes burn in Ponderosa Fire

Man arrested, homes burn in Ponderosa Fire The cause of the fire was not known. "A campfire should never be left unattended and must be extinguished completely before everyone leaves". Firefighters made progress in surrounding a Northern California wildfire on Thursdaydespite searing heat, a day after the blaze triggered evacuation orders for hundreds of local residents. Continua a leggere...

Sri Lanka Navy rescues 4 Indian fishermen drowning in northern seas

Meanwhile, the 76 fishermen, who were arrested by the Lankan navy during the past couple of months and released on Thursday, coinciding with the visit of External Affairs Minister Sushma Swaraj to the island nation, were handed over to Indian High Commission officials in Jaffna, Mr. Continua a leggere...

The Financial Contrast: Hewlett Packard Enterprise (HPE) versus ScanSource (SCSC)

The Financial Contrast: Hewlett Packard Enterprise (HPE) versus ScanSource (SCSC) The total number of shares traded in the last 90-day period is 2.03 million. Deutsche Natl Bank Ag owns 7,442 shares. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. TRADEMARK VIOLATION WARNING: This piece of content was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. Strong institutional ownership is an indication that endowments, large mo... Continua a leggere...


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