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AG Mortgage Investment Trust posts 2Q profit

A number of institutional investors have recently made changes to their positions in the stock. Whittier Trust Co. raised its position in shares of PennyMac Mortgage Investment Trust by 2.8% in the second quarter. Its adjusted revenue was $21 million. Gp One Trading L P stated it has 0% in AG Mortgage Investment Trust Inc (NYSE:MITT). Raises Stake in AG Mortgage Investment Trust, Inc. [Full Article...]

North Korea tensions drag down stocks but boost gold

North Korea tensions drag down stocks but boost gold Precious metals gold and silver were trading higher in morning trade on Wednesday amid rising tensions between the United States and North Korea. -North Korea tension. The Swiss franc, a barometer of risk sentiment, surged 0.6 percent to 0.9688 francs against the US dollar, reversing a two-week losing streak. At the ARF, North Korean Foreign Minister Ri Yong-ho condemned the latest resolutio... [Full Article...]

Toshiba dodges delisting risk amid auditor approval

Toshiba dodges delisting risk amid auditor approval Toshiba had repeatedly delayed the release of its financial statements, saying it needed more time to gauge the impact to its balance sheet. The firm is also probing whistleblower claims of financial misconduct by senior managers at Westinghouse. [Full Article...]

Expeditors International of Was (EXPD) Ownership Increased by Norges Bank

The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. Mosaic Family Wealth LLC now owns 2,443 shares of the transportation company's stock worth $138,000 after buying an additional 49 shares during the last quarter. [Full Article...]

Markets are under pressure as US-North Korea tension rises

Markets are under pressure as US-North Korea tension rises US stocks closed lower on Tuesday after Trump's vow to respond aggressively to any North Korean threats triggered a late afternoon selling spree. Tokyo´s blue-chip index tumbled 1.3 percent to its lowest close since late May after the Dow´s winning streak of nine straight records ended following Trump´s sharp rhetoric of " fire and fury ", with the main European bourses also opening lower Wednes... [Full Article...]

Lego Replaces CEO After Eight Months to Further Digital Ambitions

Lego Replaces CEO After Eight Months to Further Digital Ambitions Danish toy company Lego has appointed Niels B Christiansen, who headed thermostat-maker Danfoss for nine years, as its chief executive. After a transition period, Padda will become a special advisor at the Lego Brand Group. Padda is 61 years old, whereas Christiansen is 51. Padda, who joined Lego in 2002 in Enfield, Connecticut, was praised by Vig Knudstorp, who said Padda "played an integral ... [Full Article...]

China, Vietnam meeting canceled amid South China Sea tensions

China, Vietnam meeting canceled amid South China Sea tensions The ASEAN ministers failed to release the joint statement as expected after meeting on Saturday due to their differences on the sea issue, with Vietnam pushing for tougher language and Cambodia lobbying hard for China. A Philippine government spokesman says Southeast Asian foreign ministers have endorsed the framework for a long-sought code of conduct in the disputed South China Sea . [Full Article...]

Which Analysts Are Watching MercadoLibre, Inc. (NASDAQ:MELI)?

MercadoLibre (NASDAQ: MELI ) last issued its earnings results on Thursday, August 3rd. After $0.46 actual earnings per share reported by Coach Inc for the previous quarter, Wall Street now forecasts 6.52% EPS growth. The Geneva Advisors Llc holds 12,874 shares with $2.01 million value, up from 1,860 last quarter. Van ECK Associates Corp raised its position in shares of MercadoLibre by 7.3% in t... [Full Article...]

Glencore sees shiny future from electric vehicles

Glencore sees shiny future from electric vehicles Glencore further noted that it had made progress in reducing its massive debt pile by $1.6 billion to $13.9 billion in the first half of the year. The share of profit from joint ventures also rose considerably to USD428.0 million from USD114.0 million the year before. [Full Article...]

Walmart sorry for 'horrible' gun display

Walmart sorry for 'horrible' gun display Crowson said the display and the configuration of the store suggest the photo is legitimate. Spokesman Charles Crowson told the New York Daily News the reported location of the sign was a result of miscommunication. The supermarket chain sparked controversy when a Reddit user posted a picture , allegedly from within a Wal-Mart store, on a board dedicated to humor. [Full Article...]

London Midland loses right to run Shrewsbury to Birmingham route

London Midland loses right to run Shrewsbury to Birmingham route As part of the franchise deal, the Department for Transport ( DFT ) said that almost £1 billion would be invested in train services in the Midlands including 400 new carriages by 2021 and increased capacity on rush-hour services between Birmingham and London. [Full Article...]

BlackRock Municipal Income Trust (BFK) MA Levels Holding Above FAMA

It is quite basic, being composed of a simple moving average, and its upper and lower "bands" that are 2 standard deviations away. ADX is charted as a line with values ranging from 0 to 100. Eaton Vance Pennsylvania Municipal Income Trust (EVP)'s Williams %R presently stands at -34.48. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses a... [Full Article...]

Bremer Trust National Association Has $2.18 Million Position in NVIDIA Corporation (NVDA)

Bremer Trust National Association Has $2.18 Million Position in NVIDIA Corporation (NVDA) Janus Capital Management LLC raised its position in shares of NVIDIA Corporation by 20.0% in the first quarter. Boasting a price of $153.70, NVIDIA Corporation (NASDAQ: NVDA ) traded 3.07% higher on the day. On Friday, November 4 the stock rating was initiated by Compass Point with "Buy". Investors sentiment decreased to 0.84 in Q4 2016. Its down 0.31, from 1.12 in 2016Q3. [Full Article...]

How Analysts Feel About Bellway plc (LON:BWY)?

How Analysts Feel About Bellway plc (LON:BWY)? The stock increased 2.38% or $0.01 on August 8, reaching $0.43. Raymond James initiated the shares of HSTM in report on Monday, August 3 with "Market Perform" rating. A number of other equities research analysts also recently weighed in on ASC . "(AMD) and Spirit ..." on July 27, 2017. The Well Construction segment provides services and products used by clients during the drilling phase of gas an... [Full Article...]

Bank of England bolsters safeguards against conflicts of interest

Bank of England bolsters safeguards against conflicts of interest The committee's new chair, Nicky Morgan, said: "As the Treasury committee concluded in the last parliament, the circumstances surrounding Charlotte Hogg's resignation exposed a number of shortcomings in the way that the Bank manages conflicts of interest". [Full Article...]

Analyst Research and Ratings: Michael Kors Holdings Limited (KORS), GoPro, Inc. (GPRO)

Analyst Research and Ratings: Michael Kors Holdings Limited (KORS), GoPro, Inc. (GPRO) It worsened, as 20 investors sold Fluidigm Corporation shares while 25 reduced holdings. Mitsubishi UFJ Kokusai Asset Management Co. Arrowgrass Capital Prns (Us) L P invested 0% of its portfolio in Michael Kors Holdings Ltd (NYSE:KORS). If you are viewing this report on another domain, it was illegally copied and reposted in violation of USA & worldwide copyright & trademark legislation. [Full Article...]

Ralph Lauren Corporation (RL) Position Increased by Norges Bank Last Quarter

Ralph Lauren Corporation (RL) Position Increased by Norges Bank Last Quarter Intellectus Partners LLC now owns 1,300 shares of the textile maker's stock worth $107,000 after buying an additional 200 shares in the last quarter. Oppenheimer Asset Management Inc. Finally, Royal Bank Of Canada restated a "hold" rating and issued a $75.00 target price on shares of Ralph Lauren Corporation in a research note on Friday, July 7th. [Full Article...]

Sahara Petitions Supreme Court To Stop Aamby Valley Auction

Sahara Petitions Supreme Court To Stop Aamby Valley Auction The Sahara Group on Wednesday approached the Supreme Court asking it to put on hold the auction of Aamby Valley. The court has been recovering money from the group in instalments. The apex court had asked the Bombay High Court to act as liquidator in the sale. The bench, however, said that Rs 1,500 crore which Roy would deposit by September seven would also include the balance amount of Rs 3... [Full Article...]

Investigation highlights 'widespread issues' among Australia's new vehicle manufacturers

Investigation highlights 'widespread issues' among Australia's new vehicle manufacturers According to the investigation, auto manufacturers' complaints handling and policies are shunning consumer entitlements under Australian Consumer Law (ACL). "They would also clarify that multiple non-major failures can amount to a major failure and also require that there be clearer disclosure to consumers in relation to warranties". [Full Article...]

Global safe-haven trades jump on escalating North Korea tensions

Global safe-haven trades jump on escalating North Korea tensions For years, North Korea has claimed Guam is within its missiles' striking distance, making furious statements each time when the USA flew powerful bombers from the island's air base to the Korean Peninsula. Shortly after Trump made his remarks, North Korea said it was "carefully examining" the idea of a missile strike on Guam, a U.S. Pacific territory. [Full Article...]


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