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Brokers Update Target Prices On Washington Real Estate Investment Trust (NYSE:WRE)

Sherry Chris concludes, "The aspiration to invest in real estate is there, yet it is up to real estate professionals to explain the fundamentals and help to serve as strategic sources throughout the process". Institutional Investors own 50.40% of company's shares. The stock was purchased at an average cost of $12.35 per share, for a total transaction of $123,500.00.

Business

China Pitches Fit Over South Korea's Latest Missile Defense Move

China, North Korea's neighbor and lone major ally, has repeatedly expressed anger at the United States and South Korea for their decision to deploy the US Terminal High Altitude Area Defence (THAAD) system in the South to counter missile and nuclear threats from North Korea .

Business

UK PM faces backlash over Brexit immigration plan

The scenario in which British companies are unable to sell services across the European single market, outlined in a study commissioned by TheCityUK, would also see the Treasury lose up to £10 billion in tax revenue. Theresa May and her husband, Philip John May, leave the Birmingham conference hall to a standing ovation. "It's time to remember the good that government can do", she will say.

Business

BlackBerry ends its 20-year history of hardware production

This doesn't mean BlackBerry smartphones will cease to exist, as they'll be following a similar path to Nokia and will outsource manufacturing to third-party companies but will have the BlackBerry branding. The news was revealed by BlackBerry in a press release , where CEO John Chen announced the move as part of the company's fiscal Q2 2017 report. Since Chen took the reins three years ago, his mission has always been for the company to focus on developing software.

Business

Why Nexus 6P Owners Should Avoid Pixel XL

While Google's Android operating system has indeed competing against Apple's iOS operating system, the two industry titans will now battle it out in the hardware space after Google unveiled its Pixel and Pixel XL smartphones. The AI-powered helper, which builds on Google Now's search and contextual information surfacing capabilities, can carry on conversations with you to do things like control your Google Cast-enabled gadgets and IoT devices.

Business

With debate looming, Trump tries a town hall

Reporter: Bill Clinton later clarifying saying he supports Obama care but it has some problems. Obamacare hasn't fixed this longstanding problem, but a good alternative to Obamacare would. I thank you for listening mother to mother on this new years week. House Speaker Paul Ryan put out a snarky " fact-check " of Clinton's comments that - you won't believe the punch line - found them to be accurate.

Business

In farewell, Bonds calls Marlins stint 'rewarding'

Barry Bonds , who was sacked as Miami Marlins hitting coach after just one season on Wednesday, posted to his personal blog a message of thanks and farewell to club officials on Thursday afternoon. He also hit.291 in 143 games. Prado, 32, set a franchise record this season, hitting.424 against left-handed pitchers, .305 overall. "I think he probably will play until he's 50 and that seems fine by us", Marlins president David Samson said.

Business

Deadly Hurricane Matthew closes in on Florida

After Hurricane Matthew's initial battering of the Southeast coast this week, the long-range forecast shows it looping back around toward Florida next week, potentially striking the state a second time. The President committed to providing necessary federal resources to help the states respond. Hurricane Matthew is just miles away from Cape Canaveral - endangering the military and space facility - and it is still heading north with two nuclear power stations and Donald Trump's Mar-a-Lago ...

Business

Analyst Review: Estee Lauder Companies, Inc. (The) (NYSE:EL)

Estee Lauder Companies Inc (NYSE:EL) shares now have a mean rating of 1.50 while 12 analysts have recommended the shares as "BUY", 4 commented as "OUTPERFORM" and 7 commented as "HOLD". Analysts had expected Estee Lauder Companies Inc (NYSE:EL) to report earnings of about $0.40 per share on $2,660.52M in revenue. The company's stock had a trading volume of 653,014 shares.

Business

Fed's Mester calls jobs growth 'solid,' sees rate hike

Although the employment report suggested the US economy was still expanding, it was expected to further reduce the chance of a rate increase at the Fed's November policy meeting. Flash crash unsettles markets: Currency traders were still adjusting on Friday to a sharp, sudden move lower in the British pound in Asian trading, which took sterling to a fresh 31-year low of $1.1789 (http://www.marketwatch.com/story/flash-crash-for-pound-sends-it-to-31-year-low-2016-10-07).

Business

Washington Trust Bank Lowers stake in UnitedHealth Group Inc (UNH)

The fund owned 961,548 shares of the healthcare conglomerate's stock after buying an additional 41,027 shares during the period. Hennessy Advsrs Incorporated holds 0.16% of its portfolio in UnitedHealth Group Inc (NYSE: UNH ) for 37,600 shares.

Business

BC royal visit commemorated with limited-edition coin

Despite its unusual appearance William and Kate tucked into the geoduck - a giant saltwater clam - at a food and wine festival in British Columbia (BC) and appeared to enjoy the experience. But that doesn't mean Kate Middleton and Prince William's marriage is on the brink of divorce. The couple overcame driving rain and wind to receive a traditional welcome by the Heiltsuk First Nations community but had to scrap a planned aerial float plane tour of the Great Bear rain forest because of ...

Business

Pressure builds for Wal-Mart to deliver online as store growth slows

KeyBanc Capital Mkts Initiated Wal-Mart Stores on Sep 30, 2016 to "Overweight", Price Target of the shares are set at $90.Wal-Mart Stores was Initiated by Guggenheim to "Buy" on Sep 30, 2016. And it saw fewer customers in the store for the first time in a year and a half. The move comes almost four months after Wal-Mart inked a deal with JD.com.to sell its Chinese eCommerce business, Yihaodian to JD.com in exchange for a 5% equity stake in the company.

Business

Trump has shifted away from complete Muslim ban - Pence

Louis Sunday night. He hosted an invitation-only town hall in Sandown. Though the idea of a town hall, just days but the second presidential debate, had all the trappings of debate prep, Trump insisted that it was not. 'Donald Trump has said he has regretted the times he has said he didn't choose his words well, particularly where it's created personal pain for people.

Business

USA election 2016: Clinton rips into Trump over taxes

The poll , released this week and conducted by pollsters at Franklin and Marshall College in Lancaster, shows 22 percent of respondents from Philadelphia plan to vote for Trump , while 67 percent would vote for Democratic nominee Hillary Clinton.

Business

TCU wary of matchup against Kansas

But the Frogs have not defeated the Jayhawks by more than 14 points in any of the four meetings, including a 23-17 triumph past year in Fort Worth and a 34-30 escape in 2014 at KU. LINE: TCU -29ABOUT TCU (3-2, 1-1 Big 12): Hill has topped 400 passing yards in three of his first five games at the school and has passed for 1,936 yards and 11 touchdowns.

Business

UK government to shed stake in Lloyds but scraps retail sale

However, Hammond says that market volatility had led the Treasury to ditch the idea of a retail sale. 'Ongoing market volatility means it is not the right time for a retail offer, ' he said. Hammond says: "I have listened to the experts". Previous Chancellor George Osborne had planned to sell the final Lloyds stake in spring this year through an offering to retail and institutional investors, with the former receiving a 5 per cent discount plus a bonus share for every 10 held for more than ...

Business

Global finance leaders contending with anti-trade backlash

Overall, the prospects for the global economy remained uncertain, with the IMF's growth forecast remaining static at 3.1 per cent for 2016 and 3.4 per cent for 2017. Last week the World Trade Organization cut its forecast for 2016 global trade growth by more than a third, warning it's the weakest pace since the 2008 financial crisis.

Business

Bentley trials fuel delivery service

Fancy leasing a Bentley? All that's needed is for the owner to open the Filld for Bentley app and choose when and where the fuel needs to be delivered . It will even, in the future, allow the auto to place orders for fuel itself depending on its fuel level, location and the driver's preferences. Christophe Georges, Director of Product and Marketing at Bentley , said that the brand's Connected Car strategy would will continue to expand and innovate in order to further enhance the ...

Business

Pound plunge stuns Asian stock markets

The sterling fell below $1.27 level, down to just $ 1.2621 on Thursday afternoon, as Chancellor of the Exchequer Philip Hammond flew to NY to reassure Wall Street after Britain's vote to exit the EU (Brexit). "What we had was insane - call it flash crash, but the move of this magnitude really tells you how low the currency can really go", Mr Naeem Aslam, chief market analyst of Think Markets wrote in a note.

Business

Rollercoaster Friday for Deutsche Bank on settlement fears and hopes

Eastern time. The Standard & Poor's 500 index picked up 10 points, or 0.5 percent, to 2,161. The subprimes case is just one of 8,000 burdening Deutsche Bank , with an investigation by NY regulators over allegations of money laundering at its Moscow office looming on the horizon.

Business

Yahoo is Scanning User's Emails Handing It over to US Intelligence

Reuters , citing people close to the matter, said Yahoo "secretly built" the software, using it to comply with demands made by the us government. After Reuters broke the news that Yahoo allegedly intercepted millions of users' emails at the request of USA intelligence, Yahoo took about 20 hours to issue a short statement through a PR firm: "The article is misleading ".

Business

What Analyst told about: Physicians Realty Trust (NYSE:DOC)

During the past 4 weeks, traders have been relatively bearish on First Industrial Realty Trust (FR), hence the stock is down -2.57% when compared to the S&P 500 during the same period. initiated coverage on shares of Education Realty Trust in a research report on Wednesday, September 7th. 40 funds bought stakes while 88 increased positions.

Business

Hurricane Matthew's path shifts west, could hit Carolina coast

Register for the Ask the CIO Chat with Andy Ozment of the Homeland Security Department on October 11, at 1:30 p.m. Several computer models have the direct center of Matthew hitting the east coast on Thursday, although the center of the National Hurricane Center's track would keep the storm just off the Florida coast.

Business

The British pound suddenly plunged 6% in the middle of the night

Elsewhere in currency markets, the dollar edged down 0.3 percent against the yen to 103.66 after hitting its highest level in a month on Thursday. Market watchers were baffled by the move, which they blamed on various factors including a trader's " fat finger " mistake, a rogue automated trading algorithm making decisions based on news websites or social media; or comments made by France's president, Francois Hollande.

Business

September jobs report: 4 things to know

Still, hiring at that level is enough to lower the unemployment rate over time. The 151,000 job gain initially reported in August was revised up to 167,000, but the prior month was revised down by 23,000 (from 275,000 to 252,000). Among the measures the central bank is looking at is the unemployment rate. Fed fund futures, which reflect traders' bets for interest rates, rose to a 65.1% probability that the Fed would move in December.

Business

Tim Kaine Had Nothing Good To Say About Hillary In 2005 Debate

Whenever the subject under discussion gave Kaine an opening - and quite often when it didn't - Kaine reminded viewers of outrageous and offensive things Trump has said, such as his allegation that Mexican immigrants are "bringing drugs, they're bringing crime, they're rapists, and some, I assume, are good people".

Business

Senators pile on pressure over hack attack

Yahoo has not given a precise timeline explaining when it was made aware of the 2014 attack, or if it knew of the breach before announcing the deal with Verizon in late July. In fact, Verizon was apparently informed just two days before the public was. Securities and Exchange Commission Chair Mary Jo White, asked about Yahoo , said she could not comment specifically on it.

Business

Wall Street set for subdued start; Deutsche Bank in focus

Separately, the Institute for Supply Management said its manufacturing index rose to 51.5 in September from 49.4 in August, beating forecasts of 50.3. TANKAN: The Bank of Japan "Tankan" quarterly survey of business sentiment released Monday showed no change among major manufacturers. The result suggests that the central bank might have to roll out more stimulus to achieve its 2 percent inflation goal.

Business

Gilead Sciences Inc.'s (GILD)

Price to Sale ratio of 37 stands at 3.15 while Price to Book Ratio stands at 6.62. The company has a 50 day moving average of 79.28 and a 200 day moving average of 85.29. Moving to earnings estimates, for this current fiscal period, Wall Street analysts have projected that the company will post $2.76 earnings per share.

Business

Sunny and Warm Friday, Some Showers Saturday

TONIGHT: It's mainly clear and cool overnight with some fog possible by morning. However, we do have indirect effects, such as clouds and showers, to deal with until a cold front can clear us out - hopefully, Sunday - paving the way to a pleasant Columbus Day .

Business

Fed Outlook Weighs on Dollar

Real estate companies rose as investors, comfortable that interest rates would remain low, looked for income. The Dow Jones industrial average fell 37.63 points, or 0.2 per cent, to 18,354.83, the S&P 500 lost 5.35 points, or 0.25 percent, to 2,171.83 and the Nasdaq composite dropped 12.30 points, or 0.23 per cent, to 5,327.23.

Business

Broward County Downgraded To Tropical Storm Warning, Conditions Deteriorate For NE Florida

After the devastation of Hurricane Andrew in parts of Florida in 1992, NASA realized it needed to build structures capable of withstanding strong winds from tropical cyclones that threatened the Kennedy Space Center. Schools and airports across Florida were closed on Thursday and some hospitals were evacuated, according to local media. "When a hurricane is forecast to take a track roughly parallel to a coastline, as Matthew is forecast to do from Florida through SC, it becomes very hard ...

Business

Syria's military to reduce airstrikes for Aleppo evacuations

Activists said the violence in Aleppo eased on Thursday after Syria's military command announced the night before that it planned to scale back bombardment to allow civilians to leave besieged rebel-held neighborhoods. Last week, the United States said it was suspending bilateral cooperation with Russian Federation over Syria because it had not stopped the bombing or allowed humanitarian aid to get to Aleppo and other parts of the country.

Business

Town hall event has 'nothing to do' with debate prep

In an interview on Wednesday, Mr. Mitnick said he could not divulge details of Mr. Trump's finances without Mr. Trump's consent. "That's a lifetime of experience". When asked how he would define the middle class, Trump offered up a platitude that "the middle class has been forgotten in this country" before pivoting to his tax plan and proposals to cut regulations.


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