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Economy

The stock notched a 12-month high of $7.15 while $10.00 target is by far the most aggressive out of analysts who are now evaluating the company, $2.85 higher than the next highest 52-week price estimate. The stock presently has a consensus rating of "Hold" and an average target price of $8.92. SunTrust Banks, Inc. reiterated a "hold" rating and issued a $7.00 target price on shares of Fitbit in a research note on Wednesday, February 22nd.
  • Twenty-First Century Fox Inc

    Economy

    The business is scheduled to issue its next earnings results on Wednesday, August 2nd. Shares of Twenty-First Century Fox , Inc. FOXA's revenue has grown at an average annualized rate of about 2.4% during the past five years. & worldwide copyright and trademark laws. With 102,600 avg volume, 0 days are for BRIDGEGATE PICTURES CORPORATION (OTCMKTS:BBGP)'s short sellers to cover BBGP's short positions.
  • Global overcapacity drags oil prices down to six-month lows

    Economy

    The U.S. Energy Information Administration forecasts onshore production from the Lower 48 states will grow by 340,000 barrels per day (bpd) in 2017 and another 500,000 bpd in 2018. With supplies plentiful, strong demand is needed to drive the market, but there are signs of a slowdown. Brent also slumped, losing $1.72, or 3.5 percent, to settle at $47 a barrel.
  • Markets muted as Fed hikes rate by 25 bps

    Economy

    The core rate of inflation increased at just 1.7 per cent on year, the fourth straight monthly deceleration and the slowest overall pace in two years. "There was a stale short of the commodity bloc and the move in the CAD has dragged them higher ", said Stephen Gallo, head of European FX strategy with Bank of Montreal in London .
  • Trump announces new Cuba policy

    Economy

    How will Trump's policy changes affect the USA? Under Trump's policy , travel for non-academic educational purposes will be limited to group travel, while individual non-educational travel permitted under the Obama policy will be prohibited, according to a White House fact sheet .
  • Russian warships pound IS targets in Syria with cruise missiles

    Economy

    In response, the U.S. Central Command issued its own statement , saying the Syrian aircraft was shot down "in collective self-defense of coalition-partnered forces". Both the United States and Russian Federation contend their forces are in Syria to fight ISIS. Regime air and artillery bombardments hit rebel-held areas of the Syrian city of Daraa, on the border with Jordan, on Tuesday after a two-day ceasefire expired, witnesses, rebels and the army said.
  • Ronaldo has four Ballon D'Ors for a reason - Russian Federation coach, Cherchesov

    Ronaldo has four Ballon D'Ors for a reason - Russian Federation coach, Cherchesov

    Economy

    New Zealand had not won any of its previous matches at three Confederations Cups dating back to 1999, but it had the better of the first half and went in 1-0 up thanks to a good goal from Chris Wood . The result extends a winless run at Federation Internationale de Football Association tournaments for two teams that each lost their opening game in Russia and all three matches at the 2014 World Cup in Brazil.
  • Amazon to Buy Whole Foods For $13.7 Billion in Cash

    Economy

    Amazon's shock decision to buy upscale grocery chain Whole Foods delivered another dose of pain to U.S. retail, which was already one of the most problematic sectors of the year so far. "If Amazon can instill more efficiency in the Whole Foods supply chain, it will mean lower prices for Whole Foods customers", Smith said. Right now, Ahold's stock is down by almost 10%.
  • Hot Stocks Report: Tidewater Inc. (TDW), Alibaba Group Holding Limited (BABA)

    Economy

    Shares of Alibaba Group Holding Ltd (NYSE: BABA ) lost -0.78% to settle at $138.38 during its last trading session on Monday. It has outperformed by 40.63% the S&P500. FSS's profit will be $11.83M for 20.55 P/E if the $0.20 EPS becomes a reality. The specialty retailer reported $0.63 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.01.
  • Southwestern Energy Company (NYSE:SWN), Devon Energy Corp (NYSE:DVN)

    Economy

    The Johnson Investment Counsel Inc holds 138,613 shares with $15.29 million value, down from 154,847 last quarter. Cummins Inc now has $27.54B valuation. Finally, Oregon Public Employees Retirement Fund boosted its stake in SM Energy Company by 1.5% in the first quarter. 458.63 million shares or 3.28% less from 474.16 million shares in 2016Q3 were reported.
  • Ossoff's loss in Georgia is a gut punch for Democrats

    Ossoff's loss in Georgia is a gut punch for Democrats

    Economy

    They argue that Democratic candidates will have a better shot on Election Day if they're not tied to Pelosi. Veteran GOP ad-maker Brad Todd says that's because the San Francisco congresswoman is the personification of the liberal values they can't stomach.