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Boston Scientific Corporation (BSX) Sets New 12-Month High Following Earnings Beat

It is predicted to add 4% on day 1 and jump 4% on day 7 after the company reports upcoming earnings. The company said revenue for the quarter rose 10.6% to $2.19 billion. This company was Upgrade by Argus on 1-Sep-16 to Buy. The number of Boston Scientific Corporation shares in issue is 1,361,677,000 which have a current share price of 25.01 bringing Boston Scientific Corporation's market capitalisation to 34.06B Dollars.

Business

Exxon Mobil Corporation (NYSE:XOM), Genworth Financial, Inc. (NYSE:GNW)

Equities research analysts predict that Exxon Mobil Corporation will post $4.19 EPS for the current year. The highest analyst price target is $105.00, which implies a rally of 74 percent. The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 10th. The ex-dividend date of this dividend is Tuesday, February 7th.

Business

Bank of England sharply raises economic forecast in Quarterly Report

The pound fell about 1 percent. The economy has grown by 0.6% in each of the last three quarters, confounding forecasts by experts - including those at the Bank - of a sharp slowdown after the vote to quit the EU. He acknowledged Britain's closeness to the USA could help during Brexit negotiations, but cautioned that the " uncertainty " surrounding Trump's policies could bring Britain down.

Business

Immigration And Crime: Research Shows Donald Trump Is Wrong

We take seriously the need to safeguard our nation and also the need for the United States to remain the destination of choice for the world's best and brightest students, faculty, and scholars. Councilman Ernesto Olivares said he was touched seeing the group, noting he was an immigrant who arrived in the U.S.as a child: "These people are telling me I am welcome here".

Business

Pentagon, Lockheed reach agreement on F-35 contract for 90 jets

The DOD's F-35 Joint Program Office (JPO) on February 3 announced the agreement-in-principle for 90 total fighters, including 55 for three US military services and 35 for seven partner countries. Lockheed's CEO Marillyn Hewson, who met personally with Trump following his criticism of the program, had previously said that the company planned to add 1,800 jobs.

Business

Comprehensive Stock Analysis of: Rite Aid Corporation (NYSE:RAD)

The stock now shows the Market Capitalization of 5.53 Billion. 6 Analysts reported that the Price Target for Rite Aid Corporation might touch $9 high while the Average Price Target and Low price Target is $7.75 and $6.5 respectively. Rite Aid Corporation will next provide financial results for the May 2017 quarter. One quarter earlier, revenue for the stock was at $8.03 billion, with earnings at $0.01/share.

Business

Large Outflow of Money Witnessed in Walt Disney Company

Recently stock market analysts updated their outstanding price targets on shares of Walt Disney Company (The) (NYSE:DIS). Analysts are forecasting earnings of $1.48 on a per share basis this quarter. For the Current Quarter, the growth estimate for The Walt Disney Company is -8%, while for the Next Quarter the stock growth estimate is 5.1%. 01/30/2017 - Walt Disney Company (The) had its "buy" rating reiterated by analysts at Jefferies.

Business

UBS issues "Buy" Rating on Charles Schwab Corp (SCHW)

Institutional investors have recently modified their holdings of the company. The mean revenue estimate for the ongoing quarter ending Mar 17 is $2.08B by 12 analysts. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.77%. The Charles Schwab Corporation has a Price to Earnings ratio of 32.43 for the trailing twelve month period.

Business

Baxter International Inc. Reveals 32% Advance In Q4 Profit

In order to determine directional movement, the 50-dayand 200-day moving averages for Baxter International Inc . The current share price indicate that stock is -5.17% away from its one year high and is moving 31.79% ahead of its one year low.

Business

Analyst EPS Forecast Coverage: Tractor Supply Company (NASDAQ:TSCO)

Tractor Supply's sales prospects looked a bit more dire back in October when the company revealed its third-quarter results, as its top line then missed estimates and sales comparisons actually showed a decline, instead of the uptick that analysts had been anticipating.

Business

Auto insurance premiums reach new peak

The Association of British Insurers ( ABI) Motor Premium Tracker , which measures the amount motorists actually pay rather than quotes, tells us where insurance premiums sat in 2016. Insurance premium tax has been rising since the July 2015 Budget. The Government has pledged to crack down on the scourge of fake whiplash claims, including capping compensation payouts at £425, which would be paid only if a medical report was provided as proof of injury.

Business

Radiation in Fukushima reactor containment vessel at deadly level: TEPCO

Tokyo Electric Power (Tepco) said the reading focused on one single point and levels estimated elsewhere were much lower. The extraordinary radiation readings highlight the scale of the task confronting thousands of workers, as pressure builds on Tepco to begin decommissioning the plant - a process that is expected to take about four decades .

Business

Ralph Lauren CEO quits after dispute over creative control

The stock gained a consensus recommendation of 2.73 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The Company has 52-week high of $114 and 52-week low of $76.18. Its market cap is now at $6.3 billion. During the a year ago Polo Ralph Lauren Corporation's shares have decreased by -27.32% from 109.37 to 79.49.

Business

US Senate tax chief questions border adjustment tax

On Wednesday, the Retail Industry Leaders Association (RILA) also launched a national campaign to fight the border tax, called Americans for Affordable Products . But the thing is, the effects of a border adjustment tax on trade and prices are supposed to be neutral. At the same time, exempting companies' exports from taxation would allow USA producers to lower their prices overseas.

Business

Hudson's Bay makes takeover approach to Macy's

Macy's shares are soaring in morning trading, after being temporarily halted on the New York Stock Exchange on a news report that Saks' owner has approached the department store chain about a takeover. The WSJ said that talks between the companies are at a preliminary stage and are not limited to an outright acquisition. Macy's also has a lot of debt - about $7.5 billion, according to the Journal report.

Business

Npower to increase electricity and gas prices

To provide certainty around future energy bills, fixed tariffs can provide reassurance for existing and new customers. Other costs - to subsidise renewable energy, back-up power plants and install smart meters - are also on the increase. " Npower must therefore justify the decision to its customers". "Anyone who is struggling with their energy bills should contact us straight away to discuss whether they're on the right tariff, energy saving help and payment plans".

Business

Indian equities end flat, profit booking caps gains

The benchmark BSE Sensex closed 0.05 percent higher at 28,240.52, climbing 1.28 percent for the week. The benchmark BSE Sensex was down 18 points or 0.06 percent at 28,209 in early trade after rising modestly on Thursday to close at its highest level in almost four months.

Business

York MP quits Shadow Cabinet to vote against triggering Brexit

In response to a query by Conservative MP Maria Miller, May told the House of Commons, "I can inform my Right Hon Friend and the House that that White Paper will be published tomorrow". The government is expected to use its majority to resist any substantial amendments to the bill, arguing that the June 23 referendum to leave the bloc has already empowered them to execute Britain's withdrawal.

Business

Facebook's Q4 growth in India was fueled by promotional free data plans

Facebook CFO David Wehner, while referring to Reliance Jio's free data plans, said that the company's growth in Asia was boosted by the free data being offered in India. Sources said that the telecom regulator has also filed its reply before the Telecom Disputes Settlement and Appellate Tribunal on the same lines on Thursday.

Business

The Amgen Inc. (AMGN) Shares Bought by Cornerstone Capital Inc

Amgen Inc . (NASDAQ:AMGN) rose 1.91% to finish at $159.67 in following trading session. (NASDAQ:AMGN) surged to 1.61% from $168.56 to $171.27. Mizuho Initiates Coverage On the stock to Buy on 11/08/16 by stationing a price target of $164. During the same quarter in the previous year, the company posted $2.72 EPS. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 2 analysts of Thomson Reuters, 8 analysts given HOLD rating to the stock and 0 given ...

Business

Trader's Buzzers: Catabasis Pharmaceuticals, Inc. (NASDAQ:CATB)

The stock has an average rating of "Buy" and an average price target of $9.00. They now have a Dollars 14 price target on the stock. Catabasis Pharmaceuticals (NASDAQ:CATB) opened at 4.04 on Wednesday. (NASDAQ:CATB) could bring EPS of $-0.65/share. Catabasis Pharmaceuticals, Inc. reported better than expected with a surprise EPS of 16.92% or $0.11 during its most recent quarterly earnings.

Business

The Woodlands' Kevin Brady meets with Trump to renegotiate NAFTA

Castaneda's Mexico would also fight Trump's "hostile act" of building a wall on the Mexican border. It could also portend changes for American consumers, who for decades have enjoyed cheap goods manufactured just over the border. "We have opportunities with everyone", he said. "Now if we go to protectionism, you're flipping that". Trade is an area on which Trump could find common cause with Democrats.

Business

Turkey-Greece: fresh tension over desert Aegean islets

Yildirim also took the opportunity to refer to a recent decision by a Greek court to rule against the extradition of eight Turkish military officers who Ankara has linked to a failed coup past year, referring to a disappointing stance by Athens.

Business

Robert W. Baird Downgraded Shutterfly (NASDAQ:SFLY) To 'Neutral'

In the last Quarter, Shutterfly, Inc. On the books, Shutterfly's cash, cash equivalents and short-term investments totaled $315.6 million at the end of the quarter, up from $311.8 million at the end of the previous year. On Jan 4, 2017, Satish Menon (SVP, Chief Technology Officer) sold 7,500 shares at $49.44 per share price, according to the Form-4 filing with the securities and exchange commission.

Business

BLS: 227000 Jobs Added in January; 36000 Added in Construction

The labor force participation rate - the percent of adults that are over 16 and actively working or looking for work - has been stagnant in recent months, but in January ticked up by 0.2% to 62.9%. Many see this as an impossible task, however, with annual GDP growth failing to exceed 2.6 percent since the 2008 crash. Weekly hours increased 0.2% following the 0.4% increase for December.

Business

'We can't ignore the people': Parliament backs Brexit bill in landslide vote

The "hard" Brexit that May has promised means the United Kingdom would also leave the single European market, which allows EU member nations to trade with each other without restrictions. Scottish National Party lawmaker Angus MacNeil said that in acting to trigger Brexit, "the House of Commons has taken leave of its senses". "It's crossing its fingers and hoping for the best", he said.

Business

Romania: Fresh protests against corruption decree

Romania's government has rejected calls to withdraw a decree that critics say marks a major retreat on anti-corruption reforms, standing its ground as huge nationwide protests entered a third day. "The government has ignored the dreams of millions of Romanians who want to live in a country free of corruption ". Meanwhile, Jean-Claude Juncker, head of the European Commission , and his deputy, Frans Timmermans, expressed concern in a joint statement.

Business

North Dakota lawmakers prematurely celebrate approval of Dakota Access Pipeline

Army Corps of Engineers could soon issue an easement needed to finish the controversial pipeline, after President Donald Trump signed a memorandum aimed at advancing the $3.8 billion project. He said efforts by some to establish a camp Wednesday on nearby higher ground "do not represent the tribe". Hundreds and sometimes thousands of people have camped there since August to protest a pipeline that they worry will threaten drinking water and Native American cultural sites.

Business

Snapchat loses WAY more money than it makes

And unlike the profitable but admittedly slower-growing GoPro at its 2014 IPO , Snap's cash is disappearing faster than its messages, with almost $1 billion evaporating in the last two years. The prospectus said that Snap incurred a net loss of $514.6 million for the year-ended December 2016 compared to a net loss of $372.9 million for the year-ended December 31, 2015.

Business

GOP Mobilizes To Repeal Obama Gun Control Law

He said the rule is meant to only collect names of those who have a "very severe, long-term mental disorder". Other Republicans argued the rule unfairly stigmatised people with mental disabilities. Democrats called the vote an attack on clean water and a clear win for big coal-mining companies and other polluters. "These are not just people having a bad day", said Democrat Representative Mike Thompson.

Business

Stock Showing Surging Activity: Cameco Corporation (NYSE:CCJ)

The company reported its last earnings on Jan 24 BMO and will report its next earnings on April 24 - Apr 28 (Est.). Cameco Corporation (NYSE:CCJ) on Wednesday closed at $11.27. The short ratio in the company's stock is documented at 4.31 and the short float is around of 4.13%. The stock had a trading volume of 3,925,978 shares.

Business

Mistry moves appellate tribunal against Tata Sons' February 6 EGM

On January 31, the Mumbai Bench of the NCLT had refused to grant a stay on the February 6 Extraordinary General Meeting. Tata Sons declined to comment on the development. It had said if the petitioner does not argue its case on February 13, its plea would be dismissed. In January, Mistry had written a six-page letter to Sebi in which he had alleged violation of corporate governance norms and insider trading rules in some of the companies within the Tata Group.

Business

San Francisco Sues Trump for Withholding Money From Sanctuary Cities

Herrera argued that the order undermines local communities by "sowing distrust of law enforcement" and that far from making cities safer, as Trump and supporters of the order claim, it will make them less safe. "President Trump does not appear to understand the Constitution and the limits it imposes on executive power", Herrera said during the press conference.

Business

A Leninist in the White House : Heavy-handed Steve Bannon

Trump named Bannon as a permanent member of the National Security Council's Principals Committee , a decision that was criticized by former members of the NSC and other security experts. As David Rothkopf, author of a history on the NSC, told the Guardian , Bannon's lack of national security experience makes his placement on the council a "radical" move.

Business

Supermarkets are rationing lettuces and it's like the #courgettecrisis all over again

Tesco has rationed customers to three iceberg lettuces per visit and Morrisons have also limited shoppers to three heads of broccoli and three iceberg lettuces. Supermarkets are said to have forced current lettuce stock from the United States west coast to meet the demand. He said: "There have simply been too many cold days, and what's most weird about this situation is that it has hit all of south-eastern Europe".


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