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Economy

Basically, a price target is an individual analyst's projection on the future price of a stock. Also, the Hold rating count is 1, as of 09 May 2017. Wedbush lowered Viacom from an "outperform" rating to a "neutral" rating and cut their price target for the stock from $46.00 to $39.00 in a research note on Thursday, December 15th.
  • After United, it's Delta: couple with child kicked off flight

    After United, it's Delta: couple with child kicked off flight

    Economy

    The flight was departing from Maui to Los Angeles on April 23. Mr Schear had originally booked the seat for his 18-year-old son Mason, but when Mason ended up going home on an earlier flight, they chose to use the seat for their younger son, who was strapped in to a auto seat.
  • N. Korea reserves right to 'mercilessly punish' 2 alleged American spies

    Economy

    A senior North Korean diplomat said dialogue with the Trump administration was possible following a meeting with ex-US government officials in Norway. The United States directed an aircraft carrier-led strike group to the region and deployed a new anti-ballistic missile system to South Korea. In the past, North Korea has used prisoners as bargaining chips, but Pyongyang claims that this is not the case this time around.
  • Why Nordstrom Inc. Stock Fell Again Today

    Why Nordstrom Inc. Stock Fell Again Today

    Economy

    Stock has got OUTPERFORM rating from 5 analyst of Thomson Reuters, 7 analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating. The stock was sold at an average price of $47.50, for a total value of $74,005.00. The last stock price is down -4.98% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period.
  • Interserve PLC reiterated as Hold By Liberum Capital

    Economy

    Kennedy Capital Management Inc acquired 12,818 shares as Microsemi Corporation (MSCC)'s stock rose 30.43%. Another trade for 6,500 shares valued at $1.00M was bought by Greco Thomas . As per Friday, July 29, the company rating was maintained by JP Morgan. The stock of ON Semiconductor Corp (NASDAQ:ON) has "Buy" rating given on Wednesday, January 4 by Goldman Sachs.
  • Barclays PLC Cuts Shake Shack Inc (SHAK) Price Target to $35.00

    Barclays PLC Cuts Shake Shack Inc (SHAK) Price Target to $35.00

    Economy

    Following the transaction, the chief operating officer now owns 2,799 shares of the company's stock, valued at $89,456.04. Shake Shack Inc (NYSE:SHAK) traded up 1.21% during mid-day trading on Thursday, hitting $36.82. now owns 9,667 shares of the company's stock worth $323,000 after buying an additional 637 shares during the period. Shake Shack Inc (NYSE:SHAK)'s price to sales ratio for trailing twelve month stands at 4.96, whereas its price to book ratio for most recent quarter sits at ...
  • With new president, new faces for French parliament

    With new president, new faces for French parliament

    Economy

    Macron's opponent in the second round of the election, the far-right candidate Marinne Le Pen, was a bit of an exception to this rule. Valls, a centre-leaning politician in favour of relaxing labour protections, had already thrown his support behind Macron before the presidential election after losing to Benoit Hamon in the Socialist primary.
  • Cyber strike on United Kingdom hospitals is 'international attack': PM Theresa May

    Economy

    Hospitals , health clinics, family doctor surgeries across England and Scotland were seriously affected by what was the biggest ever attack on the NHS. It demands payment in three days or the price is doubled, and if none is received in seven days the files will be deleted. NHS Digital said the attack "was not specifically targeted at the NHS and is affecting organizations from across a range of sectors".
  • After Wipro, Cognizant, Tech Mahindra plans to lay off 1500 employees

    After Wipro, Cognizant, Tech Mahindra plans to lay off 1500 employees

    Economy

    While services account for 40-45% of India's total exports, a major portion of our service exports come for the IT service sector. After faring poorly in the current appraisal cycle, the Cognizant employee was asked to resign. The first will open in IN in August. This spells big trouble for India as the IT sector provides employment to 3.7 million directly and provided employment to 10 million indirectly in 2015-16.
  • Oil prices rise as Saudi Arabia may cut exports to Asia

    Economy

    Crude prices surged back above $47 to settle higher, as investors' jitters concerning rising levels of USA oil output eased, after the EIA revealed a bullish inventories report. OPEC meets on May 25 to decide on production policy for the second half of 2017, and most analysts expect the group to extend cuts until at least the end of the year.
  • BP, Kosmos make major gas find off coast of Senegal

    BP, Kosmos make major gas find off coast of Senegal

    Economy

    BP said it would invest almost US$1 billion, mostly in the form of a multi-year exploration and development carry, to acquire the 62% interest and operatorship of offshore Blocks C-6, C-8, C-12 and C-13 in Mauritania and an effective 32.49% interest in the Saint-Louis Profond and Cayar Profond blocks in Senegal.