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UBS Trims Price Target for Apache Corporation (NYSE:APA) to $54

Jefferies Group reaffirmed a "sell" rating on shares of Apache Corp.in a research report on Thursday. The 50 day moving average of NYSE:APA is 54.33 and the 200 day moving average is 49.87. now owns 92,870 shares of the energy company's stock worth $4,533,000 after buying an additional 28,204 shares during the period. Stockholders of record on Friday, July 22nd will be paid a dividend of $0.25 per share.

Business

Donald Trump expected to endorse Paul Ryan after saying he wouldn't

Ryan responded: "Of course, but I'm not going to go down the road re-litigating past comments". Trump's running mate Mike Pence has already endorsed Ryan. "The whole place is cracking up, and the next day in the newspaper it said, 'Trump throws baby out of arena, '" he said. "No, no", Ryan said. But in the unlikely event he does drop out, can the Republican National Committee nominate another candidate? "The people in the background know it, the people who know her know it and she's like ...

Business

Transocean (RIG) Posts Better-than-Expected Q2 Earnings

Transocean Ltd . (NYSE:RIG) announces the final results of the cash tender offers (the "Tender Offers") by Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd ., " Transocean "), to purchase up to US $1.0 billion aggregate principal amount of the following series of notes issued by Transocean Inc.: 6.500% Senior Notes due 2020 (the "2020 Notes"); 6.375% Senior Notes due 2021 (the "2021 Notes"); and 3.800% Senior Notes due 2022 (the "2022 Notes" and, ...

Business

Analyst rating and Activity: Jack in the Box Inc. (NASDAQ:JACK)

For the first nine months of this year, Jack in the Box reported $92 million in net income, or $2.67 per share, compared to almost $85.7 million, or $2.22 per share, in 2015. Despite the pricing pressure, JACK was able to expand company-wide margins and grow operating EPS 23%. This was down 260 bps from the prior-year quarter.

Business

Nebula Capital Management Lp adds AmerisourceBergen Corp. (ABC) to its portfolio

AmerisourceBergen Corp. was Resumed by BofA/Merrill to "Neutral" on Jun 7, 2016. (NYSE:ABC) traded up 0.89% during trading on Friday, reaching $89.77. (NYSE:ABC) by 183.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The Hedge Fund company now holds 25,708 shares of ABC which is valued at $2,195,977.

Business

GoDaddy Inc (NYSE:GDDY) Receives Outperform Rating From RBC Capital Markets Analysts

Scottsdale, Ariz. -based GoDaddy said it lost 11 cents in Q1, improving from a 46 cent per-share loss in the year-earlier period but disappointing analysts polled by Thomson Reuters who had forecast just a 7 cent loss. Finally, JPMorgan Chase & Co. reiterated a "buy" rating on shares of GoDaddy in a report on Wednesday, May 18th. They issued an "outperform" rating and a $37.00 price target for the company.

Business

Winning Lottery Ticket Sold in New Hampshire

Powerball is offered in 44 States, Washington D.C., Puerto Rico, and the Virgin Islands. To win, participants must match five numbers and the Powerball number. The odds of winning $4 is more likely, which is 1 in 38. They were sold in California, Florida, Georgia, Nebraska, New Hampshire, Pennsylvania, South Carolina, Tennessee, Washington and West Virginia.

Business

GoPro Hero 5 Touchscreen Leaked

The leaked footage of Hero 5 was posted on Reddit and Vimeo . It is possible that the lack of an open bus connector on the rear of the Hero 5 means that the camera is waterproof, just like the small Session camera. In the video, we can see the next GoPro is slightly more rounded and features an elevated record button. Meanwhile, it was reported earlier that GoPro Hero 5 is going to be the most connected GoPro device ever after GoPro chief executive officer Nicholas Woodman said ...

Business

Stifel Nicolaus Gives Exelixis Inc Price Target With Potential 27.8% Upside

The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Investors also continue to take note on the stock, especially on reports Exelixis, Inc . EXEL EPS growth this year and EPS growth next year is 41.30%, 50.50% respectively. The treatment is the first to show meaningful improvements in overall survival, progression-free survival and objective response rate in a phase 3 trial of patients with advanced RCC, ...

Business

Analysts Set Expectations for Liberty Property Trust's FY2016 Earnings (LPT)

The brokerage now has a "market outperform" rating on the real estate investment trust's stock. The company has a 52-week high of $18.09 and a 52-week low of the share price is $10.99. Analysts projected the maximum potential price target of $10.5 however minimum reachable price target is $8.5 expected by them, according to WSJ data.

Business

Tesla posts another hefty loss as 'production hell' slows sales

Revenue for this quarter was $1.3 billion, higher than the same period a year ago. Excluding items, Tesla lost $1.06 per share, compared with 48 cents in the same period of a year ago. CEO Elon Musk said the company emerged from "production hell" in June , and expects a steady flow of vehicles for the rest of the year. The new models are expected to be launched mid-2017.

Business

Trump warned not to spread security details

Trump is suggesting there is a conspiracy theory that is being propagated across the country, including in places like Texas, where it is typically not Democrats in charge of voting booths, that is ridiculous", Obama told a press conference at the Pentagon.

Business

Continental Resources Posts Wider Loss On Oil Price Slump

KLR Group downgraded the stock on July 18 to "Accumulate" rating. All told, the day saw a per-share gain 4.63% or $1.95. Back on 8/5/2015 the company's estimated EPS value was $0.02 and it reported $0.13 earnings per share (EPS) for the quarter ended on 6/2015.

Business

Johnston Press pre-tax profit hurt by lower classifieds

Newspaper group Johnston Press's share price plummeted 16 per cent today as the company reported falling revenues and profits. It said: "It is too early to assess the impact of the vote to leave the European Union on revenues, with local display advertising outside London showing resilience in some markets and weakness in others".

Business

Crocs Inc. (NASDAQ:CROX) Reports Earnings Miss, Lowers Guidance

The total traded volume was 8,084,680 shares. Net loss for the second quarter of 2016 was $13.1 million, or $0.33 per diluted share, compared to net income of $5.8 million, or $0.14 per diluted share in the second quarter of 2015. (NASDAQ:CROX) has shown weekly downbeat performance of -26.74%. Year-to-date (YTD) performance of the stock illustrate downbeat trend of -17.58%. The stock decreased 3.85% or $0.44 during the last trading session, hitting $11.

Business

Four new cases of travel-related Zika confirmed in Louisiana

Smith could not confirm whether or not the latter mother contracted Zika in her country, but said that she was from a country where mosquitoes were transmitting the virus. Frank Welch, medical director for the department's bureau of community preparedness. The Centers for Disease Control and Prevention awarded $1 million to states and territories to fight Zika virus on Tuesday.

Business

Senator Brown announces Zika funding for Ohio

Frieden said based on a survey of traps holding mosquitoes, the aerial spraying was more effective than ground-based spraying that has been used. Spraying is scheduled for larvae Saturday, and for adult mosquitoes Sunday. "We are prioritizing the use of those [CDC] dollars before we begin spending large amounts of state general revenue", Revell said. "Summer is in full swing and we continue to read reports of pregnant women exposed to the Zika virus", Brown said.

Business

Economy Added 255000 Jobs in July

But that was revised to 24,000. Hiring rebounded in June with a net gain of 287,000, but recent economic figures and a faltering European economy had suggested another slowdown. Prior to Friday, it was unclear whether cutbacks in spending by businesses extended to jobs. But new orders picked up, a sign that growth could remain healthy.

Business

Missing LA Rams Tre Mason in Lake Worth

The Rams began practice Saturday at UC Irvine and head coach Jeff Fisher said the team has been unsuccessful in contacting Mason despite several attempts. Mason yelled "don't be hurting", and walked into the home. When they told him that his mother had given them permission, Mason told them that he pays the bills.

Business

Officials identify 16th non-travel Zika case in Miami-Dade

Officials say they are making progress in fighting the Zika virus in a small area of South Florida. The Zika virus is most risky to pregnant women and their unborn babies, because it can cause severe birth defects and brain damage in babies born to infected mothers.

Business

Pokémon Go is now live in 15 more countries in Asia

Pokemon Go is a conventional "hide and seek" game where the players have to find virtual characters based on their real-world locations detected through their smartphones. While Pokemon Go has been praised as a fun way to get people outdoors, it has also attracted safety warnings about not walking into oncoming traffic, straying into restricted areas, or becoming victims of crimes.

Business

Tesla Motors to repay $411 mln in Q3 on convertible debt

This is down to the fact that Tesla did have difficulty with production of the wing doors, while buyers also had issues to. Adjusted for items, Tesla booked a net loss of US$1.06 per share, compared to a loss of US$0.48 per share for the second quarter of 2015.

Business

Kim Kardashian West to BlogHer

I mean, I lost 70 pounds. The reality TV star has left her long, wavy hair behind, for a much shorter, lobbed 'do. I'm not about the labels. "Then coming back and then my daughter wakes up, having to feed her". While there's no specific age when children of the West family can officially join social platforms, Kardashian notes that when they do, she'll be monitoring them every step of the way, in the same way she looked out for little sisters Kendall and Kylie when they joined Facebook.

Business

Markets Right Now: Stocks closing higher on Wall Street

Labor Department showed that nonfarm payrolls rose by 255,000 in July. The Nasdaq composite ended up 1.1 percent higher at 5221.12, surpassing its previous record close of 5218.86 on July 20, 2015. The only silver news is that Dow is only 1.4 percent off in this period. Second quarter earnings reports continued to lift stocks including Priceline and Kraft Heinz.

Business

Tesla reports 2Q loss

With the earnings, the automaker reiterated that the company has produced record 18,345 vehicles in 2Q, and that it has ended this second quarter building around 2,000 vehicles per week. Musk said orders are up 67 percent from the same time past year. It has now been more than two months since the company gave any reservations for its Model 3 .

Business

McDonald's menu is changing as fast food giant shuns artificial ingredients

McDonald's also plans to serve hormone-free milk. Stephen Dutton, who analyzes the food industry at Euromonitor International, said McDonald's is aiming to be more like these newer brands to appeal to health-conscious consumers who like to know what's in their food and where it came from.

Business

Sam Mikulak: Top 10 Instagram Photos

Mixed Group 4, Mixed Group 5, Great Britain, France, Germany, United States (1:30 p.m.). Team USA placed ahead of defending world champion Japan, which came in second place with 269.294. Captain Chris Brooks will get his first shot on the Olympic stage after being named an alternate four years ago. It wasn't a ideal day at the Olympic office, but it's one the USA men will be happy with.

Business

US Economy Adds 255000 Jobs In July, Unemployment Rate Stays At 4.9%

Banks rose the most, as higher interest rates boost their profits on lending. Average hourly earnings were up 0.3 percent, a slight acceleration, which is good news for consumer income and spending. IT occupation employment declined by 88,000 jobs in July, down 1.9 percent. Its stock picked up $3.10, or 3.6 percent, to $88.65. BONDS: Bond prices fell and the yield on the 10-year U.S.

Business

Sensex climbs 180 points on GST hopes

Market traded volatile as the investor digested the yesterday's historic passage of GST bill in the Rajya Sabha, with the benchmark Sensex ending flat by marginally gaining 16.86 points to 27,714.37, while the broader Nifty finishing below 8,600-level.

Business

US Rate Hike In Focus As Job Creation Soars

This has raised expectations that the Federal Reserve might increase the interest rates later this year leading to increase in stock prices of several banks and brokers. The US central bank raised its key interest rate target at the end of past year for the first time in almost a decade, but has since held it steady at between 0.25 and 0.5 per cent amid concerns over persistently low inflation.

Business

Arrest made in deaths of twins found in hot car in Georgia

It wasn't until a few hours had passed that Asa North 'discovered' his daughters unresponsive, where upon he 'desperately' attempted to revive them. Temperatures inside a auto can quickly rise to over 200 degrees, twice that required for heatstroke. In fact, the majority of these deaths - around fifty-five percent according to KidsAndCars.org - occur when a parent unknowingly leaves their child in their vehicle.

Business

Metro Transit Officer Charged With Trying to Assist ISIS

On July, 28, he sent 22 gift card codes to the undercover Federal Bureau of Investigation officer with the message: "Respond to verify receipt. may not answer depending on when as this device will be destroyed after all are sent to prevent the data being possibly seen on this end in the case of something unfortunate".

Business

Solid jobs report could ease fears about economy

The second straight month of robust job gains is a boost to the economy after growth averaged a tepid 1.0 percent annual rate in the last three quarters. S&P economist Satyam Panday said the July jobs report will give the economy "an extra boost after a mixed-bag of corporate earnings these past several days".

Business

Trump Admits Error in Claim of Seeing $400 Million Payment to Iran

Seizing on new details about a $ 400 million cash payment by the U.S.to Iran as American detainees were being freed in January, Trump said at a Florida rally on Wednesday that Iran had released video of people taking money from the plane to embarrass the U.S.

Business

Officer who shot Minnesota man reacted to gun, not race, lawyer says

Yanez and an officer who was with him, Joseph Kauser, were put on administrative leave , as is standard, authorities said . A county prosecutor investigating the police shooting of a black motorist in Minnesota on Friday, July 8, said law enforcement authorities in his state and nationwide must improve practices and procedures to prevent future such tragedies, regardless of the outcome of his probe.


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