Business

Business Bitcoin price jumps up 20% as futures go live
Author: 0 Bitcoin price jumps up 20% as futures go live

On Coinbase Inc.'s GDAX exchange, prices zoomed up to nearly $20,000 from $16,000 in only about 90 minutes - then crashed back down. At 1:30 a.m. central time (0730 GMT) the futures contract that expires in January was trading at $18,590. Hussein Sayed, chief market strategist at online broker FXTM, said the futures launch marked a "new phase" for the cryptocurrency. "Due to heavy traffic on our website, visitors to www.cboe.com may find that it is performing slower than usual and may at ...

Business Raiff Partners Lowered Ares Capital (ARCC) Position; Costco Wholesale Has 1.28 Sentiment
Author: 0 Raiff Partners Lowered Ares Capital (ARCC) Position; Costco Wholesale Has 1.28 Sentiment

Plancorp Llc, which manages about $2.43B and $336.62M US Long portfolio, decreased its stake in Edgewell Pers Care Co by 8,542 shares to 62,896 shares, valued at $4.78M in 2017Q2, according to the filing. Investors sentiment increased to 1.45 in 2017 Q2. Its up 0.40, from 0.88 in 2017Q1. Other hedge funds and other institutional investors also recently made changes to their positions in the company.

Business Several flights in and out of NI cancelled
Author: 0 Several flights in and out of NI cancelled

In total, British Airways has canceled more than 100 flights, including some global departures to Toronto and Washington D.C. The airline is allowing customers due to fly yesterday and today to re-book until Monday, December 18. Five flights have left the Castle Donington base today, the last one being the 7:43am to Fuerteventura. It is covered in an amber weather warning issued by the Met Office, which remains in place until 6pm.

Business Oil prices fall amid rising fuel inventories
Author: 0 Oil prices fall amid rising fuel inventories

Brent crude futures, the worldwide benchmark for oil prices, were at $61.28 a barrel, up 6 cents. But prices were still on track for weekly losses of up to 1.9 percent amid concerns that rising USA production could undermine OPEC-led supply cuts.

Business Bitcoin futures set to begin trading later Sunday
Author: 0 Bitcoin futures set to begin trading later Sunday

CHICAGO (AP) - A security based on bitcoin, the digital currency that has exploded in popularly and volatility this year, was to begin trading on a major USA exchange for the first time on Sunday. Bitcoin is a digital currency that has exploded in popularly and volatility this year. On Sunday, Bitcoin was trading at 15,557, compared to last week's highs of just over $17,000.

Business Collins: Not sure if I will support tax reform plan
Author: 0 Collins: Not sure if I will support tax reform plan

GOP leaders' main concern was winning over lawmakers, including Sens. Ron Johnson, who wanted an increase in the deduction for business income. House and Senate GOP leaders are trying to hammer out compromise legislation for Trump to sign before the end of the year.

Business Browns take 21-7 lead into fourth
Author: 0 Browns take 21-7 lead into fourth

A huge punt return late in the fourth quarter by Tommy Davis set up the Packers for the tying score. Gordon had 56 yards of the 84-yard touchdown drive Sunday. The Browns won the toss and deferred. There wasn't a Brown within 10 yards of him as safeties Derrick Kindred and Kai Nacua appeared to get confused on the coverage.

Author: 0 NIKE, Inc. (NKE) Analysts See $0.39 EPS

Oakworth Capital Inc. now owns 2,994 shares of the footwear maker's stock worth $177,000 after acquiring an additional 374 shares during the last quarter. The firm's revenue was up.1% on a year-over-year basis. sell-side analysts forecast that Nike, Inc. will post 2.28 EPS for the current year. Three investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating and nineteen have issued a buy rating to the company's stock.

Author: 0 Philip Morris International Inc (PM) Position Boosted by QS Investors LLC

The stock decreased 12.50% or $0.02 during the last trading session, reaching $0.14. The shares were sold at an average price of $108.38, for a total transaction of $11,811,144.02. On Friday, August 14 the stock rating was maintained by Northland Capital with "Outperform". The company was downgraded on Tuesday, September 6 by FBR Capital.

Author: 0 Patterson-UTI Energy, Inc. Declares Quarterly Dividend of $0.02 (PTEN)

The stock increased 0.37% or $0.08 during the last trading session, reaching $21.65. About 3.50M shares traded. Patterson-UTI Energy, Inc. (NASDAQ: PTEN ) has a 20-day RSI of 58.95%. Cowen & Co downgraded the stock to "Market Perform" rating in Thursday, January 19 report. Investors sentiment increased to 1.66 in Q2 2017. Its down 0.51, from 1.14 in 2017Q1.

Author: 0 Unusual Volume Spikes For: Noble Energy, Inc. (NBL)

Walleye Trading Llc reported 26,774 shares. It has outperformed by 0.58% the S&P500. First Republic Investment Management Inc decreased Noble Energy Inc ( NBL ) stake by 87.62% reported in 2017Q2 SEC filing. Suntrust Banks accumulated 45,189 shares. Raymond James & has invested 1.43% in Apple Inc. Noble Energy Inc . has a 12 month low of $22.99 and a 12 month high of $42.03.

Business Some flights cancelled from United Kingdom to Ireland due to snow
Author: 0 Some flights cancelled from United Kingdom to Ireland due to snow

Heathrow Airport and Gatwick Airport have not cancelled any flights but said they are subject to delays. The trust earlier said online: "Trained nurses needed at goodhope hospital due to heavy snow". The airports both advised passengers to contact airlines to check the status of flights. Snow is expected to blanket the Midlands and Wales but is forecast to thin into lighter showers as Sunday progresses.

Author: 0 Keystone Financial Planning INC Increases Stake in Procter & Gamble (PG)

It has underperformed by 9.16% the S&P500. $91.78's average target is 1.56% above currents $90.37 stock price. The firm has "Overweight" rating given on Tuesday, January 26 by Morgan Stanley. It now has negative earnings. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company.

Author: 0 Horizon Investments LLC Boosts Position in Kimberly Clark Corp (KMB)

Cibc World Markets Corp's holdings in Kimberly Clark were worth $9,305,000 at the end of the most recent quarter. 1,491,218 shares of the company traded hands, compared to its average volume of 1,961,547. As per Friday, July 24, the company rating was maintained by Deutsche Bank. The firm has "Buy" rating given on Wednesday, November 25 by Liberum Capital.

Author: 0 Lowers Stake in Micron Technology, Inc. (NASDAQ:MU)

About 36.73M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since December 9, 2016 and is uptrending. It has outperformed by 159.57% the S&P500. Amica Mutual Insurance Co. reduced its stake in Micron Technology, Inc. Synovus Financial reported 0.04% in Micron Technology, Inc. New York-based Kazazian Asset Llc has invested 1.13% in Micron Technology, Inc.

Business NCLT suspends Unitech directors, allows govt to appoint 10 nominees
Author: 0 NCLT suspends Unitech directors, allows govt to appoint 10 nominees

Ranjit Kumar relied on a Supreme Court order passed in September prohibiting coercive action against the company, and sought that the earlier order passed this morning be kept in abeyance. Unitech's two Managing Directors Sanjay Chandra and Ajay Chandra have been in jail for the past four months. Unitech has over '6,000 crore debt with more than 16,000 undelivered units from 70 projects.

Author: 0 QUALCOMM Incorporated (QCOM) Stake Lowered by Chilton Capital Management LLC

QUALCOMM (NASDAQ: QCOM ) was upgraded by stock analysts at Vetr from a "hold" rating to a "buy" rating in a research report issued on Monday, November 27th. QCOM's profit will be $1.14B for 20.86 P/E if the $0.77 EPS becomes a reality. United Bank increased Qualcomm Inc. One research analyst has rated the stock with a sell rating, nineteen have given a hold rating and twelve have assigned a buy rating to the company.

Author: 0 NXP Semiconductors NV (NXPI) Shares Sold by Advisors Asset Management Inc

Nxp Semiconductors N V now has $39.19 billion valuation. (NASDAQ:NXPI) traded up $0.16 during midday trading on Friday, hitting $115.29. BlackRock Inc. (NASDAQ:ICFI). Gotham Asset Lc accumulated 27,220 shares. Comerica Bank's holdings in NXP Semiconductors were worth $4,491,000 as of its most recent filing with the Securities and Exchange Commission.