http://pppfocus.com/wp-content/uploads/2017/05/Brokers-Issue-New-Targets-On-S.png

Economy

Among 21 analysts covering Symantec (NASDAQ:SYMC), 9 have Buy rating, 0 Sell and 12 Hold. First Analysis raised Symantec from an equal weight rating to an overweight rating and lifted their target price for the stock from $28.00 to $40.00 in a report on Thursday.
  • Iraq, Algeria to support extension of oil production cuts

    Iraq, Algeria to support extension of oil production cuts

    Economy

    Both investors and analysts are doubtful about the effects of the deal extension, with some suggesting it would have to be extended beyond the end of 2017 and others arguing that cuts won't do the trick because it is missing the point: US producers are boosting their drilling efficiency and lowering production costs, which results in sustainable profitability.
  • Brian Molefe returns as chief executive of Eskom

    Brian Molefe returns as chief executive of Eskom

    Economy

    This was over and above allegations contained in the report that the Gupta family had received preferential treatment by Eskom, and were even "bailed out" by the power utility, where Eskom funded the family's acquisition of Optimum coal mines.
  • Antofagasta plc (ANTO) Rating Reiterated by Liberum Capital

    Economy

    It is down 68.95% since October 4, 2016 and is uptrending. It has outperformed by 58.85% the S&P500. ILLEGAL ACTIVITY WARNING: " Weir Group PLC (WEIR) Increases Dividend to GBX 29 Per Share" was originally published by The Cerbat Gem and is owned by of The Cerbat Gem.
  • Million People Used Snapchat Every Day in 2017

    Economy

    Wall Street was expecting revenue of $158 million and net losses of $2 billion. However by that time, Facebook's users were already 552 million or over three times the number of Snapchat. On his first earnings call with investors, Spiegel sounded fairly relaxed. Snap CEO Evan Spiegel is "so arrogant" and needs to find some humility, CNBC's Jim Cramer said Thursday.
  • Snap Q1 earnings report: users grow but shares drop

    Economy

    Its user numbers also came in light. In the three months that ended March, Snap reported first quarter revenue of $149.648 million, which marked a rise of 286% year over year, compared to last year's mark of $38.798 million. - but Instagram Stories took off. The slowing growth was blamed on Facebook's concerted efforts to mimic Snapchat's unique features, with Instagram's Stories feature outpacing Snapchat's own and reaching 200m DAUs.
  • Snap earnings lag amid $2.2 billion loss

    Economy

    This will allow the company to add more tools to Snapchat in the future. That said, the company behind the popular photo-messaging service is still on a plunge. But Facebook - which once offered $3bn to buy the business - has upped the ante by offering features similar to Snapchat on its platforms including Instagram and WhatsApp.
  • Kate Spade's stock soars after $2.4 billion Coach buyout deal

    Economy

    Under the deal, Coach says it believes the two complementary companies will realize about $50 million in synergies within the first three years of the deal closing. One of the world's leading fashion brands will soon be under new ownership. Kate Spade's stock was trading above the offer price at $18.95 premarket on Monday.
  • Snap shares slide as growth slows

    Economy

    Snapchat floated on the USA stock market in March and in early trading saw its valuation rise above £25 billion. Snap said the number of daily active users grew to 166 million at the end of the quarter, a 36 percent increase from a year ago but just five percent higher than at the end of 2016.
  • IN congressman says injured United passenger shouldn't have resisted

    Economy

    House Transportation Committee Chairman Bill Shuster, R-Pa., said "there's something clearly broken when passengers have been treated the way they have", and he warned that if airlines to not take steps to reform their passenger policies, Congress would "and I can assure you, you won't like the outcome".
  • China, US reach agreement on beef, poultry and natural gas

    China, US reach agreement on beef, poultry and natural gas

    Economy

    Trump administration officials hailed the deal as a significant advance toward boosting USA exports and close America's trade gap with the world's second-largest economy. "You watch and you'll see". In the financial sector, Beijing will allow foreign businesses to operate credit rating services, as well as let USA financial companies underwrite and settle bonds.