Economy

North Korea claimed "only absolute force" can work on someone as "bereft of reason" as Trump and detailed plans to fire a salvo of missiles into waters around the U.S. Elsewhere in commodities, the September crude contract advanced 20 cents to US$49.76 per barrel and the September natural gas contract was up seven cents to US$2.95 per mmBTU.
  • Asian markets fall again as North Korea tensions continue

    Economy

    The hermit state responded to Trump's rhetoric by suggesting it could strike Guam . Elsewhere in commodities, the September crude contract was up 39 cents to $49.56 United States per barrel, September natural gas advanced six cents at $2.88 U.S.
  • North Korea nerves push stocks to worst week since November

    North Korea nerves push stocks to worst week since November

    Economy

    Materials, home to gold producers and other resource-based companies, was the only gainer among the index's 10 main sectors and was up 0.6 percent. "We've had such a period of low volatility in the markets, coupled that with high valuation, it only takes a bit of a wobble to cause a reaction like we've seen", Jonathan Roy, advisory investment manager at Charles Hanover Investments, said, adding that the reaction was still quite tepid by historical standards.
  • Wall Street lower on US-North Korea tensions

    Economy

    In Europe, France's CAC 40 fell 1.6 percent to 5,135 while Germany's DAX was down 1.3 percent at 12,133. Trump was responding to North Korea's claim it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S.
  • Trump Doubling Down on Rhetoric Rattles South Korean Markets

    Economy

    On Friday basic resource stocks dropped 2.6 percent to a month low as metal prices fell. Markets had seen a tentative recovery in risk appetite in U.S. Chinese blue chips closed flat but Hong Kong's Hang Seng fell 0.4 percent. The Nasdaq composite fell 45 points, or 0.7 percent, to 6,324. "We saw a tentative recovery in risk appetite yesterday from the sell-off inspired by North Korea but I think justifiably that move is fading a little bit today", said Saxo Bank's head of FX strategy ...
  • Bank of America Corporation (BAC) Getting Somewhat Positive News Coverage, Analysis Finds

    Bank of America Corporation (BAC) Getting Somewhat Positive News Coverage, Analysis Finds

    Economy

    Fiduciary Tru invested 0.12% of its portfolio in Bank of America Corp (NYSE:BAC). About 49.15M shares traded. Just yesterday Bank of America (NYSE:BAC) traded -2.26% lower at $24.26. Ameriprise Inc invested in 0.53% or 43.84M shares. Burt Wealth Advsrs, a Maryland-based fund reported 7,236 shares. Stearns Grp has invested 0.24% of its portfolio in Bank of America Corp (NYSE:BAC).
  • TSX hits 1-month low on N. Korea tensions, lower oil prices

    TSX hits 1-month low on N. Korea tensions, lower oil prices

    Economy

    The Nasdaq Composite .IXIC was down 68.30 points, or 1.08 percent, at 6,284.03. USA -traded Nikkei futures NKc1 fell 2 percent to their lowest since mid-May. "If the data continues to come in on the softer side, the market might start to price the Fed staying on hold this year", said Sireen Harajli, FX strategist at Mizuho in NY.
  • Are Analysts Bullish Navios Maritime Holdings Inc. (NYSE:NM) After Last Week?

    Are Analysts Bullish Navios Maritime Holdings Inc. (NYSE:NM) After Last Week?

    Economy

    Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. Citigroup has "Sell" rating and $1 target. The firm earned "Outperform" rating on Friday, August 5 by RBC Capital Markets. "(NYSE:NM) Stock Rating Lowered by ValuEngine " was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem.
  • Global stocks fall on rising unease over North Korea

    Global stocks fall on rising unease over North Korea

    Economy

    Separately, U.S. producer prices unexpectedly fell in July, recording their biggest drop in almost a year, weighed down by declining costs for services and energy products. Investors also drew some encouragement from new government data showing US inflation at the consumer level inched higher last month. Financials fell the most, down about 1 percent.
  • Oakbrook Investments LLC Has $198000 Position in Gulfport Energy Corporation (GPOR)

    Economy

    Virginia Retirement Systems ET AL boosted its position in shares of Gulfport Energy Corporation by 65.1% in the first quarter. These ratios are important while doing valuation of the company or the shares of the company. Delta Lloyd Nv accumulated 40,743 shares or 0.06% of the stock. Tocqueville Asset Mgmt Limited Partnership owns 10,850 shares. For the current quarter MBIA Inc (NYSE:MBI) has high EPS estimates of $0.11 in contradiction of low EPS estimates of $0.02.