Economy

On Wednesday, April 26th, Farah Champsi sold 123,913 shares of Kite Pharma stock. Pre-Market Trading: KITE stock declined around 12% in Monday's trading. Finally, Norges Bank purchased a new position in Kite Pharma during the fourth quarter valued at $16,848,000. Teachers Advisors LLC boosted its stake in shares of Kite Pharma by 14.4% in the third quarter.
  • House panel passes Choice Act; Wells said to target aliens

    House panel passes Choice Act; Wells said to target aliens

    Economy

    The Dodd-Frank law, which established a series of safeguards and layers of accountability, has drawn fierce opposition from Republicans and their allied lobbyists from the financial industry, and this bill is the vehicle GOP officials have embraced to roll back the clock.
  • Gulf Carrier Etihad Airways Names Veteran Exec Interim CEO

    Gulf Carrier Etihad Airways Names Veteran Exec Interim CEO

    Economy

    In the meantime, Gammell will continue with a strategic review begun past year in order to reposition the business for "a prolonged period of challenges for global aviation", he said. He has previously worked with the Intel Corporation in the United States and Ireland, Royal Bank of Scotland, and was an officer in the Irish Armed Forces.
  • SBI slashes interest rate on home loans for new buyers

    SBI slashes interest rate on home loans for new buyers

    Economy

    The new term deposit rates have come into effect from April 29. Rajnish Kumar, Managing Director - National Banking Group, SBI, said: "We have seen a steep hike in the home loan enquiries recently and reduction in rates will further help millions of home buyers".
  • Why Newell Brands Inc. Stock Shot Higher Today

    Economy

    Menta Capital LLC acquired a new stake in shares of Newell Brands during the fourth quarter worth $229,000. Finally, Seven Bridges Advisors LLC raised its stake in shares of Newell Brands by 83.8% in the third quarter. and Newell Rubbermaid Inc., a deal worth about $13 billion when excluding debt. TRADEMARK VIOLATION WARNING: This report was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze.
  • SUV in Aaron Hernandez double murder trial is up for auction

    SUV in Aaron Hernandez double murder trial is up for auction

    Economy

    The Boston Globe reports that bidding on the Toyota 4Runner had reached over $100,000 before the listing was taken down Tuesday night. Jack Fox , a Rhode Island vehicle dealer, had leased the 4Runner to Hernandez as part of a promotional agreement, which called for Hernandez to sign memorabilia and make corporate appearances.
  • Wells Fargo Repairs Resolution Plan

    Economy

    A big issue was whether Wells Fargo shareholders would oust the board, as two major proxy advisory firms advised them to vote out at least some of the directors. And CEO Tim Sloan called it "unacceptable". Another Wells Fargo shareholder later disputed that claim, saying Marks never approached the board. The bank said that as of Friday, it has paid $3.2 million in refunds to customers under the stipulated judgment with the Los Angeles City Attorney, the Consumer Financial Protection ...
  • Apollo Global Management, LLC Reports First Quarter 2017 Results

    Economy

    The institutional investor bought 9,950 shares of the financial services provider's stock, valued at approximately $242,000. Apollo Global Management had a net margin of 20.44% and a return on equity of 70.68%. Finally, Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $25.00 price target on shares of Apollo Global Management in a report on Friday, March 17th.
  • What's in Store for Willis Towers (WLTW) in Q1 Earnings?

    What's in Store for Willis Towers (WLTW) in Q1 Earnings?

    Economy

    This is an increase from Willis Towers Watson PLC's previous quarterly dividend of $0.48. 2,862,985 shares of the stock were exchanged. A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. JNBA Financial Advisors raised its position in shares of Willis Towers Watson PLC by 31.4% in the fourth quarter. Equities research analysts forecast that Willis Towers Watson PLC will post $8.45 EPS for the current year.
  • Vetr Inc. Lowers Paypal Holdings Inc (PYPL) to Hold

    Vetr Inc. Lowers Paypal Holdings Inc (PYPL) to Hold

    Economy

    The total market capitalization remained at $1.21 billion. The stock now has a consensus rating of "Buy" and an average target price of $48.24. Finally, Barclays PLC reaffirmed an overweight rating and set a $48.00 price objective (up from $47.00) on shares of Paypal Holdings in a research report on Friday, March 17th.
  • Crude prices hit 5-month lows as glut fears weigh

    Economy

    Another driver for the weakness in the oil markets has been a disappointing appetite for gasoline in the U.S. Harry Tchilinguirian, global head of commodity markets strategy at BNP Paribas said according to CNBC, "There is an obvious compelling fundamental reason to extend cuts given the inventory objective-these are simply not declining fast enough (as acknowledged by Saudi Arabia and other producers) even if we were to account for seasonal factors that limit crude oil demand like refinery ...