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Finance

Numis Securities downgraded The Sage Group plc (LON:SGE) rating on Thursday, January 25. Peel Hunt downgraded Greencore Group plc (LON:GNC) on Tuesday, March 13 to "Hold" rating. The company has market cap of $7.48 billion. It offers screws and bolts, nuts, plastic hardware, washers, circlips, seals, rings, spacers, pillars, pins and keys, and tooling and driver bit products; fasteners for specific industries and applications, such as fasteners for sheet metal and plastic; and security ...
  • YouTube Collects Personal Data to Children

    YouTube Collects Personal Data to Children

    Finance

    This large demographic recently prompted Google to introduce a dedicated service catering to younger viewers called YouTube Kids; asserting that its main platform is only for those aged 13 and above. Websites run for children must inform parents if they collect personal data , and must seek parental permission before tracking data about children .
  • Dow tumbles more than 700 points amid mounting trade war fears

    Dow tumbles more than 700 points amid mounting trade war fears

    Finance

    Trade war fears: A measure of calm has returned to global markets. "It's a reaction to concerns about the administration's approach to trade". China earlier said no talks were ongoing. The S&P 500 ended just above its 200-day moving average after trading well below that key support level that is watched by technical analysts. The drop was once again unpredictable, but we've rounded up the two biggest reasons for today's sell-off on Wall Street to keep you in the loop.
  • Deutsche Bank Analysts Give Microsoft (MSFT) a $120.00 Price Target

    Deutsche Bank Analysts Give Microsoft (MSFT) a $120.00 Price Target

    Finance

    Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 5, 2017 and is downtrending. It has underperformed by 3.35% the S&P500. Microsoft Corporation ( MSFT ) has ATR reading of 2.92. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 15.990184, and a current Price to Earnings ratio of 70.334025. The rating was initiated by Macquarie Research with "Neutral" on Tuesday, April 26.
  • Dow set for a big drop as trade war fears return

    Dow set for a big drop as trade war fears return

    Finance

    While a 10-percent decline from all-time highs in a major stock index is a correction, a 20-percent drop constitutes a bear market. The S&P 500 index dropped 53 points, or 2%, to 2,610, with all 11 main sectors trading in negative territory.
  • Jobs report: USA workforce grew by 103000 in March

    Jobs report: USA workforce grew by 103000 in March

    Finance

    Job growth is also moderating as the labor market hits full employment. Economists expected average hourly earnings to rise 0.3% over the prior month and 2.7% over the prior year. Monthly payroll gains have averaged 201,000 this year, compared with 182,000 in 2017. There is hope that wage growth will accelerate in the second half of the year and allow the USA central bank to continue raising interest rates.
  • Oil Holds Biggest Loss in Almost Two Months on Trade War Fears

    Oil Holds Biggest Loss in Almost Two Months on Trade War Fears

    Finance

    Tariffs on each side totaling $ 3 billion sounds like a lot of money, but is a small percentage of all the goods and services traded between the two nations. China could respond by targeting American commercial interests uniquely dependent on the Chinese market: the aircraft giant Boeing , for example, and soybean farmers.
  • Tesla Inc. has a rocky road ahead

    Tesla Inc. has a rocky road ahead

    Finance

    Within that time, it was able to double weekly production of Model 3s and shipped a total of 8,180. Currently, it is the #1 EV maker in America. Now, it insists, " the quality of Model 3 coming out of production is at the highest level we have seen across all our products ".
  • Stocks sink on trade war fears; Boeing drags Dow to outsized loss

    Stocks sink on trade war fears; Boeing drags Dow to outsized loss

    Finance

    Futures pointed to losses of more than 2% for the Nasdaq and Dow . With increased criticism from President Donald Trump , Amazon shares ended the day with a 5.1 percent loss. Technology stocks and retailers, which bore the brunt of the selling a day earlier, posted solid gains in early trading Tuesday. Both CBS and Viacom are controlled by media mogul Sumner Redstone's holding company.
  • Winter Weather Hanging On

    Winter Weather Hanging On

    Finance

    That will make it feel a bit colder than the actual air temperature, with wind chills in the teens to start off Monday morning. While Saturday will be mostly sunny, temperatures will remain in the upper 30s. However, a storm will pass off the coast to the south of New England. - After several days of warm weather, temperatures will turn cold in the coming days as winter breathes a blast of chilly air into North Carolina.
  • Stocks open lower on escalating US-China trade dispute

    Stocks open lower on escalating US-China trade dispute

    Finance

    General Motors shares reversed earlier losses and were last up 0.7 percent after the No. 1 U.S. automaker called for constructive U.S./ China dialogue, citing an "interdependence between the world's two largest automotive markets". He accused the Communist nation of stealing USA intellectual property and applying it to their own technology, before shipping it back to America and undercutting home-grown suppliers.
  • Westfield Lord & Taylor Customers May be Affected by Data Breach

    Westfield Lord & Taylor Customers May be Affected by Data Breach

    Finance

    Fortunately, thee- shopping platforms of the duped retail chains and other stores, namely Hudson's Bay , GaleriaKaufhof, Home Outfitters, HBC Europe and Gilt.com have not come under the scanner. Hackers said they have information on more than five million credit debit and credit card numbers from shoppers at the stores and have released them for sale through the "dark web, " a series of websites that hackers as well as others use to anonymously share that type of data.
  • Apple Said To Be Ditching Intel For Mac Chips

    Apple Said To Be Ditching Intel For Mac Chips

    Finance

    About 36.64M shares traded or 66.61% up from the average. With a return potential of almost 7%, the stock's consensus target price stands at $52.45. ValuEngine upgraded Intel from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, March 27th. The rating was maintained by Pacific Crest on Tuesday, September 22 with "Overweight".
  • Tech, industrial stocks lead market to gains ahead of holiday weekend

    Tech, industrial stocks lead market to gains ahead of holiday weekend

    Finance

    Also gaining were tech giants Facebook , up 4.4 per cent and Tesla, up 3.2 per cent. Facebook has been under pressure over a consumer data scandal and Tesla following a fatal vehicle accident California. The index, the Federal Reserve's preferred measure of inflation, has been below the US central bank's 2 percent target since mid-2012. Thursday's run-up in technology stocks signaled that investors believe the sector was oversold in recent weeks, said Sandven, adding that perhaps some it ...
  • There may be a $100 check in your mail and it's real

    There may be a $100 check in your mail and it's real

    Finance

    ValPak says customers can now "make easy money" in addition to saving money with coupons. The program is meant to reward consumers for opening their envelopes and looking through the money-saving offers. First-time recipients initially think that it was a scam deal as they needed to call Valpak's office to confirm its legitimacy. Hundreds of Valpak clients expressed their enthusiasm and excitement over the company's $100 promo .
  • Axios: Trump Has Discussed Clipping Amazon With Antitrust Laws

    Axios: Trump Has Discussed Clipping Amazon With Antitrust Laws

    Finance

    The mounting pressure on price table, shares of the company has 20 days moving average (MA) price volume of -3.40% from previously ending price volume of 7 million. Tower Bridge Advsrs reported 0.1% stake. Thrivent Finance For Lutherans has 545,041 shares for 1.85% of their portfolio. State Treasurer State Of Michigan invested in 106,892 shares.
  • Playboy leaves Facebook over privacy

    Playboy leaves Facebook over privacy

    Finance

    Since 2006, Facebook has repeatedly promised to safeguard users' data through redesigns and by putting privacy controls front and center. Facebook's settings page when viewed on a computer is still as complex as ever. "In response, the Privacy Settings page has been completely redesigned with a goal of making the controls easy, intuitive and accessible". Facebook says it is also adding "clearer explanations" about how its privacy controls work.
  • Riyadh, Softbank partner for US$200bn solar deal

    Riyadh, Softbank partner for US$200bn solar deal

    Finance

    Speaking at the launch in New York, SoftBank founder Masayoshi Son said the project will help Saudi Arabia to get rid off its dependence on oil for electricity and create 100,000 job opportunities. The Softbank Vision Fund will begin a major investment partnership with Saudi Arabia that could see 200GW of solar generation capacity installed. "The Kingdom has great sunshine, great size of available land, great laborers, and great engineers", "But most importantly it has the greatest vision", ...
  • Wall Street drops sharply one day after giant rally

    Wall Street drops sharply one day after giant rally

    Finance

    That announcement followed a news report saying USA officials submitted a list of requests that China open up its markets. The Standard & Poor's 500 index rose 43 points, or 1.7 percent, to 2,631 as of 10:07 a.m. Bank of America added 77 cents, or 2.7 per cent, to $29.95. Lowe's climbed 6.6% after the home-improvement retailer said chairman and CEO Robert Niblock is retiring.
  • Mohamed Salah Can Challenge Lionel Messi, Cristiano Ronaldo For Ballon d'Or: Kewell

    Mohamed Salah Can Challenge Lionel Messi, Cristiano Ronaldo For Ballon d'Or: Kewell

    Finance

    The Brazilian-born Italy worldwide, who now has three caps to his name, has notched two goals and four assists for Napoli this season, making 26 league appearances in the process. But beyond insisting he wants to play for a "very big club" that "has the prospect of winning the title", Can is ruling nothing out - with even staying right he is among the options on the table.
  • Oil prices extend gains as United States crude inventory falls

    Oil prices extend gains as United States crude inventory falls

    Finance

    Thanks to the high drilling activity, USA crude oil production has risen by more than a fifth since mid-2016, to 10.38 million barrels per day (bpd), pushing it past top exporter Saudi Arabia . Morgan Stanley predicted Brent would hit $75 a barrel in the third quarter as seasonal demand picks up. Analysts had forecast a gain of 3.25 million barrels, and only two of the 12 analysts had expected a decline of a lesser magnitude.