Economy

The average volume of a stock suggests the liquidity of a particular company. Marvell Technology Group Ltd. P/E ( price to earnings) ratio is 58.56 and Forward P/E ratio of 14.13. On average, analysts anticipate that Marvell Technology Group Ltd. will post $1.11 earnings per share for the current year. Among 30 analysts covering Marvell Technology Group (NASDAQ:MRVL), 13 have Buy rating, 2 Sell and 15 Hold.
  • Rio Tinto recommends Yancoal coal offer over Glencore

    Rio Tinto recommends Yancoal coal offer over Glencore

    Economy

    Despite that, Rio chief executive Jean-Sébastien Jacques said in a statement last night, that the Yancoal Australia offere was the "best value" and greater "transaction certainty" for its shareholders. Rio Tinto said Yancoal had agreed to accelerate payments it had said it would defer when it made its original offer in January. Yancoal responded by strengthening its offer - choosing a single $2.45 billion payment, instead of paying a portion in annual installments.
  • US Gulf Coast braces for Tropical Storm Cindy

    US Gulf Coast braces for Tropical Storm Cindy

    Economy

    It's too early to know where the heaviest rain would fall - as the system has yet to develop - but if you have vacation plans along the Gulf Coast this week, you should follow updates on this potential system. The storm is almost stationary, bringing significant rainfall to the region and prompting Flash Flood Watches through the end of the week. Venezeula's government discontinued a tropical storm warning for Isla Margarita.
  • Fang Holdings Ltd (SFUN) Set to Announce Quarterly Earnings on Tuesday

    Economy

    Including today's unusual volume, Fang Holdings Limited's stock is performing at 11.59% on the year. About 1.64 million shares traded. FIL Ltd boosted its stake in shares of SouFun Holdings Limited by 581.0% in the first quarter. Fang Holdings Limited (NYSE:SFUN) is getting prepared to post earnings results on 6/20/2017 8:30:00 AM. TRADEMARK VIOLATION NOTICE: "SouFun Holdings Limited (SFUN) Position Maintained by General Atlantic LLC" was first published by Transcript Daily and is the ...
  • UK Fraud Office charges Barclays over Qatar fund-raising

    UK Fraud Office charges Barclays over Qatar fund-raising

    Economy

    All four executives will appear at Westminster Magistrates court on July 3. It added: "The charges arise in the context of Barclays' capital raisings in June and November 2008". Roger Jenkins, 61, was the executive chairman of investment banking and investment management in the Middle East and North Africa. The former JPMorgan banker took over the reins at Barclays in December 2015 and impressed investors by restructuring the bank to remove bad assets and reinvigorate investment banking.
  • US Dollar Higher on Fed Outlook

    US Dollar Higher on Fed Outlook

    Economy

    Policymakers said the economy was strengthening and that they viewed recent softness in inflation as largely transitory. CURRENCIES: The dollar edged lower to 109.56 from 109.57 yen. RATE HIKE: The Federal Reserve raised interest rates for the third time since December, something investors had widely expected based on the Fed's recent statements.
  • Outstanding Analyst Ratings For Shire Plc (LON:SHP)

    Economy

    FirstGroup plc has a one year low of GBX 87.75 and a one year high of GBX 154.50. The company has market cap of 23.39 billion GBP. The stock's 50 day moving average is 2140.28 and its 200 day moving average is 1791.37. On Friday, October 16 the stock rating was maintained by Liberum Capital with "Buy". RBC Capital Markets has "Underperform" rating and GBX 180 target.
  • Albemarle Corporation (ALB) Earns Daily Media Impact Score of 0.08

    Economy

    Cullinan Associates Inc. bought a new position in shares of Albemarle Corporation during the first quarter worth about $201,000. Albemarle Corporation has a 52 week low of $74.86 and a 52 week high of $116.64. The stock notched a 12-month high of $120.22 while $136.00 target is by far the most aggressive out of analysts who are now evaluating the company, $15.78 higher than the next highest 52-week price estimate.
  • MVV Energie AG (MVV1.DE) Technical Levels in Review — Trading Focus

    Economy

    Deutsche Bank AG reissued a "buy" rating and issued a GBX 1,250 ($15.93) price target on shares of Halma plc in a report on Monday. The stock presently has an average rating of "Hold" and a consensus price target of $10.00. The company has market cap of $1.68 billion. Among 17 analysts covering Phillips 66 ( NYSE:PSX ), 3 have Buy rating, 0 Sell and 14 Hold. Therefore 52% are positive.
  • SpiceJet, Boeing Sign MoU For 40 737 MAX Planes

    SpiceJet, Boeing Sign MoU For 40 737 MAX Planes

    Economy

    Ryanair , Europe's leading low-priced airlines, on Tuesday announced the purchase of 10 more Boeing 737 Max 200 Gamechanger aircraft, 5 of which will be delivered in the first half of 2019, with the second 5 delivered in the first half of 2020.
  • Oil firms could waste trillions if climate targets reached

    Economy

    The underlying idea is that, by making energy derived from fossil fuels more expensive, the free market will move more quickly and effectively toward renewable energy and other low-carbon solutions. Even Secretary of State Rex Tillerson, who was CEO of Exxon prior to joining the administration, told Congress that he favored staying in the agreement.