Economy

The rating was maintained by Canaccord Genuity on Tuesday, April 26 with "Buy". Berenberg maintained it with "Buy" rating and GBX 290 target in Thursday, July 23 report. As per Thursday, February 9, the company rating was maintained by Craig Hallum. KRETZMER W BRIAN sold $115,163 worth of stock. This represents a dividend yield of 1.65%.
  • Rajnath, Naidu meet Sonia to discuss Presidential candidate

    Rajnath, Naidu meet Sonia to discuss Presidential candidate

    Economy

    When Naidu on Wednesday spoke to BSP leader Satish Chandra Mishra and NCP leader Praful Patel over phone, he was told that the two parties will firm up their stand only after the Bharatiya Janata Party panel meets them formally. The Uddhav Thackeray-led party has voted independently of BJP in last two Presidential elections. The Sena has been demanding that RSS chief should be nominated as the NDA's presidentail candidate, even though Bhagwat has said that he is not in the race.
  • Simple Moving Average Analysis of Pennsylvania Real Estate Investment Trust (PEI)

    Economy

    The shares were bought at an average cost of $13.27 per share, with a total value of $50,001.36. The firm earned "Buy" rating on Friday, September 18 by DA Davidson. The net percent change held by Institutional Investors has seen a change of 1.35% in last three month period. A 1 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of PEI or, if they already own its stock, sell it.
  • Trump set to announce shift in USA policy toward Cuba

    Economy

    Commercial flights, which resumed for the first time in 50 years last summer, will still continue between the USA and Cuba . Global human rights groups say, however, that reinstating a USA policy of isolating the island could make the situation worse by empowering Cuban hardliners.
  • Angry Trump decries being target of Russian Federation probe

    Economy

    Donald Trump resorted to Twitter to slam a report that special counsel Robert Mueller is investigating the President for possible obstruction of justice. That isn't true anymore, according to reporting by The Washington Post on Wednesday night . "I had understood the president to be requesting that we drop any investigation of Flynn in connection with false statements about his conversations with the Russian ambassador in December", Comey said.
  • Senior Uber exec Emil Michael is out

    Economy

    Full view will be published shortly. On top of this, the board has voted on a review of it's policies and corporate culture based on the recommendations of the former USA attorney general Eric Holder following the sexual harassment scandal - revealed by Uber engineer Susan Fowler in February.
  • GE CEO Jeff Immelt to Step Down After 16 Years

    GE CEO Jeff Immelt to Step Down After 16 Years

    Economy

    Mayor Martin J. Walsh said he's not anxious that General Electric's new CEO will change the company's plans to become an anchor of Boston's economy, even as analysts said the company has been performing poorly and is in need of either a major shake-up - or an outright breakup.
  • Oil prices fall as OPEC output, USA crude stockpiles rise

    Oil prices fall as OPEC output, USA crude stockpiles rise

    Economy

    Oil is extending its slump below $50 a barrel amid speculation increasing USA supplies will counter production curbs by the Organization of Petroleum Exporting Countries and allies including non-OPEC member Russian Federation. The price of oil may sink to between $30 and $35 per barrel next year and stay there for a while, according to Dr. Fereidun Fesharaki, founder and chairman of global oil and gas consulting firm FGE, who spoke to CNBC .
  • Stock under Consideration: Staples Inc (SPLS)

    Economy

    Other hedge funds and other institutional investors have also modified their holdings of the company. Capstone Investment Advisors LLC bought a new position in Staples during the fourth quarter valued at about $108,000. The company has market cap of $12.77 billion. During the same quarter a year ago, the firm posted $0.26 EPS. Analysts predict that Staples, Inc . will post $0.88 earnings per share for the current fiscal year.