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Economy

Snap Inc's stock ended up 6.5 percent after hitting a record low hit as big investors reported their latest stakes in the beleaguered social media company and as a wave of employees became eligible to sell their shares. Australia's S&P/ASX 200 dropped 1.2 percent, while Japan was closed on a public holiday. Subdued US inflation has stirred doubts about the chances of another Fed interest rate hike this year, which have weighed on the dollar.
  • BHP Billiton Limited (NYSE:BHP) Cut to Neutral at Citigroup Inc

    BHP Billiton Limited (NYSE:BHP) Cut to Neutral at Citigroup Inc

    Economy

    Capital Innovations LLC increased its stake in shares of BHP Billiton Limited by 36.3% in the second quarter. Institutional investors and hedge funds own 2.90% of the company's stock. The correct version of this story can be read at https://www.baseball-news-blog.com/2017/08/16/bhp-billiton-limited-nysebhp-upgraded-at-bidaskclub-updated-updated-updated.html.
  • Solange Sends an Agonizing Message to White Supremacists Before Deleting Her Twitter

    Solange Sends an Agonizing Message to White Supremacists Before Deleting Her Twitter

    Economy

    Shortly after deactivating the account, Solange took to Instagram addressing the practice of self-preservation, her concern about her 12-year-old son's education, and expressing her frustration with the events in Charlottesville. She wrote that she didn't want to give her energy to "racist ugly ass fuck bois who reek of citronella" while she performs on tour. Her point about "asking folks to be graceful" hits home particularly hard.
  • Energy Transfer Partners, LP (ETP) Hits a New 52-Week High

    Energy Transfer Partners, LP (ETP) Hits a New 52-Week High

    Economy

    Energy Transfer Partners, L.P. ( ETP ) received active focus from Investors and it has been traded on front line. A number of other large investors have also recently made changes to their positions in ETE . The company reported revenue of $13.26 Billion in the same period previous year. 16 analysts on average are expecting Energy Transfer Partners, L.P.to report earnings of $0.23 per share for the current quarter.
  • UnitedHealth CEO Hemsley to step down

    UnitedHealth CEO Hemsley to step down

    Economy

    Current Chairman Richard Burke will become lead independent director. Both men will take on their new roles beginning September 1. "This is the right time for this transition to take place, as the company is performing strongly and has a positive outlook for the foreseeable future, and Dave Wichmann is the right choice to succeed as CEO for that future", Hemsley said.
  • Stock Roundup: Cypress Semiconductor Corporation (CY)

    Economy

    Beta is also an important valuation ratio for analyzing the stock of the company, CY has Beta of 2 while its industry and Sector's beta remains at 1.15 and 1.3 respectively. Many analysts have provided their estimated foresights on Cypress Semiconductor Corporation Earnings, with 14 analysts believing the company would generate an Average Estimate of $0.23.
  • Fast Growing Stock in Focus: Facebook, Inc. (NASDAQ:FB)

    Fast Growing Stock in Focus: Facebook, Inc. (NASDAQ:FB)

    Economy

    Other large investors have also added to or reduced their stakes in the company. Grove Bank & Trust raised its position in shares of Cisco Systems by 141.3% in the second quarter. Cisco is expected to report adjusted earnings of 61 cents a share, down from 63 cents a share in the year-earlier period, according to a Thomson Reuters poll of analysts.
  • You won't believe how much Shraddha Kapoor is charging for 'Saaho'

    You won't believe how much Shraddha Kapoor is charging for 'Saaho'

    Economy

    Prabhas will take the 30 crores as remuneration and more than triple of what Shraddha is getting today! The makers, UV Creations, were quite excited to welcome the actress on board and did so through their official Twitter handle, saying, "Happy to announce the leading lady of Saaho , the attractive Shraddha Kapoor it is".
  • Woman finds long-lost diamond ring on carrot in garden

    Woman finds long-lost diamond ring on carrot in garden

    Economy

    Over a decade later, the ring that she thought was gone forever has resurfaced, and in the most unlikely of places. Naturally, this story has taken the Twitterverse by storm with some people in shock that the ring was found at all, and others taking the opportunity to make jokes.
  • AstraZeneca plc (LON:AZN) Stock Rating Reaffirmed by Liberum Capital

    Economy

    UBS downgraded the shares of AZN in report on Wednesday, April 5 to "Neutral" rating. AZN has been the topic of several other research reports. Barclays PLC reiterated an overweight rating and set a GBX 6,000 ($77.89) price target on shares of AstraZeneca plc in a report on Friday, April 28th.
  • Fiat-Chrysler and BMW join forces to develop self-driving cars

    Fiat-Chrysler and BMW join forces to develop self-driving cars

    Economy

    By forming the new partnership, BMW, Intel, Mobileye and FCA intend to "leverage each other's strength, capabilities and resources to enhance the [autonomous driving] platform's technology, increase development efficiency and reduce time to market", the companies said in a statement .
  • "Disappointing" second quarter for Urban Outfitters

    Economy

    Louisiana State Employees Retirement System's holdings in Urban Outfitters were worth $428,000 as of its most recent filing with the SEC. It worsened, as 48 investors sold Urban Outfitters, Inc . Among 31 analysts covering Urban Outfitters Inc . The Q3 2017 consensus earnings estimates for the company have stabilized at US$0.34 per share. The company's revenue was down 2.0% compared to the same quarter previous year.