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Showing posts with label 2017 at 10:42PM. Show all posts
Showing posts with label 2017 at 10:42PM. Show all posts

Sunday, May 21, 2017

In a departure from the campaign trail, Trump didn’t say ‘radical Islamic terrorism’ in his speech to the Muslim world

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In a departure from the campaign trail, Trump didn't say 'radical Islamic terrorism' in his speech to the Muslim worldPresident Donald Trump gave a highly-anticipated address to Arab and Muslim leaders in Saudi…

May 21, 2017 at 10:36PM

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Top Philippine judge calls for fresh arbitration case over China ‘threat’

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Top Philippine judge calls for fresh arbitration case over China 'threat'A Philippines Supreme Court judge called on Saturday for Manila to file an international arbitration case and a complaint with the United Nations over what the country’s leader said was a threat of war made by Chinese President Xi Jinping. Supreme Court Associate Justice Antonio Carpio, a staunch critic of Philippine President Rodrigo Duterte’s business-focused rapprochement with China, said the use or threat of force to settle disputes between states is outlawed under the U.N. Charter and if the president did nothing to protest that, he was “selling us out”. Duterte on Friday said his Chinese counterpart had warned him there would be war if Manila tried to enforce an arbitration ruling and drill for oil in a disputed part of the South China Sea.

May 21, 2017 at 10:36PM

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GrubHub shares dip after report that Facebook is doubling down on food delivery

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GrubHub shares dip after report that Facebook is doubling down on food deliveryFacebook announced last year it would soon allow users to order food from any restaurant’s Facebook page that uses Delivery.com or Slice.

May 21, 2017 at 10:36PM

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Saturday, May 13, 2017

Administrative Supplements for Participation in the Concept to Clinic: Commercializing Innovation (C3i) Program (Admin Supp)

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The purpose of the administrative supplement is to provide support for NIH-funded investigators to participate in an entrepreneurship training course, the Concept to Clinic: Commercializing Innovation (C3i) Program. The C3i Program is designed to provide medical device innovators with the specialized business frameworks and essential tools for successful translation of biomedical technologies from the lab (concept) to the market (clinic). Through this program, the NIH fosters the development and commercialization of early-stage biomedical technologies by engaging investigators who are interested in better understanding the value of their innovation in addressing an unmet market need. The curriculum and customized mentoring provided by the C3i Program are intended to guide investigators as they assess the commercial viability and potential business opportunity for their innovation. Prospective applicants are strongly encouraged to contact NIH Scientific/Research staff for more information about the program before applying.

May 13, 2017 at 10:37PM

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Thursday, May 11, 2017

6 Key Themes From Nvidia’s Q1

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Nvidia Corporation (NASDAQ: NVDA) shares were up another 6 percent on Thursday and are now up 22 percent this week after the company reported a huge Q1 earnings beat.

Latest Ratings for NVDA

Date Firm Action From To
Apr 2017 Pacific Crest Downgrades Underweight
Mar 2017 Macquarie Initiates Coverage On Neutral
Feb 2017 BMO Capital Downgrades Market Perform Underperform

View More Analyst Ratings for NVDA

View the Latest Analyst Ratings

read more

May 11, 2017 at 10:39PM

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from Wayne Duggan

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What you need to know on Wall Street today

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spiegelWelcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours.

“Ever heard of Uber or Lyft?”

The man on TV has well-coiffed gray hair and looks directly into the camera. Behind him, there’s a false backdrop of trading screens and skyscrapers. It’s an ad running on CNBC and Fox News for something called YayYo.

“Yes, YayYo,” the man says. The ad isn’t for its ride-hailing app. It’s for an initial public offering.

The man looks familiar, but his pitch is unusual. You could make millions, like the early investors in Uber, he suggests. “Do it now. Before all the shares are gone.”

It turns out YayYo’s founder has an unusual history involving an arms dealer, infomercials, charges of stock-manipulation, and “Men are from Mars and Women are from Venus.”

On Wall Street, Barclays reshuffled its senior global investment bank management and is seeking to hire between 50 to 100 people to boost the division under new chief Tim ThrosbyWells Fargo is slashing costs by $2 billion. And Goldman Sachs is planning to launch a new “dark pool” for stocks.

A fundamental change is underway in stock market investing, and the spin-off effects are poised to dramatically impact corporate AmericaWe talked to the CEO of a $385 billion investor about President Trump, emerging markets, and problems in active managementAnd a high-profile newly launched hedge fund has hired a 15-year Deutsche Bank veteran.

This chart shows how America stacks up in trade with everyone in the worldTrade protectionism is a “dead end,” according to one of the most influential Federal Reserve officials.

In tech, Snap reported its first set of earnings on Wednesday. Here are the highlights:

In other company news, Verizon beat out AT&T in a $3.1 billion bidding war for Straight Path Communications.

Millions of shoppers are abandoning Whole Foods — and it’s not just because of high prices.

Macy’s is tumbling after same-store-sales whiffed. And department stores more broadly are taking a bath after earnings. Adidas is cutting back its golf business, but it’s not selling Reebok. 

Lastly, a startup that wants to build an early-warning system for cancer just raised $360 million.

SEE ALSO: The 27 most important finance books ever written

Join the conversation about this story »

NOW WATCH: SCOTT GALLOWAY: I believe every time Amazon reports a profit a manager gets yelled at

May 11, 2017 at 10:37PM

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from Business Insider

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Monday, May 8, 2017

Dell CEO on Trump’s policies

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CNBC’s Jon Fortt reports the highlights of his interview with Dell Founder & CEO Michael Dell, including his views on the Trump administration.

May 08, 2017 at 10:26PM

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Sunday, April 30, 2017

What online tools/services would you recommend to manage a startup completely online with minimal paper trail?

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A startup using online tools to manage all its activities such as CRM, HR, Accounting, Invoicing etc..

What all tools would you recommend to manage a startup completely online? Is there any startup that is already having such a system setup in place?

The tools can be paid/subscription/free or self-hosted. Would this be an efficient setup including cost wise? Any input or thoughts are appreciated.

Regards,

submitted by /u/krishnasagarpm
[link] [comments]

April 30, 2017 at 10:34PM

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Thursday, April 27, 2017

Revisiting the Trump Trade: Zacks Industry Rank Analysis

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Introduction

The 16-company strong Major Regional Bank industry stands out in Zacks Industry Ranks — these late spring days. The niche ranked #47 out of 265 Zacks industries this week. That rank was #35 last week. For the final spring week of April, I count 6 upside analyst earnings revisions and just 2 downside revisions.

What have Regional Bank share prices done — recently? To answer succinctly, study the group’s top Exchange Traded Fund (ETF) trading performance.

The iShares U.S. Regional Bank ETF (IAT) shot up from $36 a share –at the time of the U.S. Presidential Election– to $46 by the end of 2016. The ETF then hit a spiky high of $49 a share on March 1st. Now, shares trade at $45.

That’s a ‘Tell’ — Regional Banks are an outstanding example of a ‘Trump Trade.’

What does that mean? It meant that last November, covering analysts thought the new business-friendly President would provide broad tangible earnings upside across this group of companies. Given the spurt-up in share prices, traders drank that policy-driven Koolaid too.

For this banking niche, Trump Trade tangible benefits took two forms. One was a lower corporate tax rate, enhancing profit margins. The second was less Dodd-Frank regulation, cutting costs.

In late April, after a March Fed rate hike enhanced bank interest margins, Zacks still ranks this top Regional Bank ETF a #1 Rank (STRONG BUY). The ETF dividend yield rests at 1.46%. With respect to specific ETF share holdings we care about for this piece, PNC is a high 11.2% ETF weight. Comerica is 2.35% weight. Northern Trust is not included.

Finally, realize this — covering analyst’s annual forward earnings estimate revisions drive our Zacks Rank system. In light of that reality, let’s take a very close look into what one leading analyst covering this banking niche had to say.

A Covering Analyst’s View

Matt Olney is a regional banking analyst. He works at the respected banking boutique investment firm Stephens. He made these comments to Barron’s on Jan 10th, 2017–

 “For the community and regional banks, we did some work within our coverage and over 80% of those today are trading above their average levels on price-to-tangible book value [TBV]. That’s not to say they are too expensive, it just means we’re at the high end of historical valuations—and I can make a case that we probably belong there.

It can be warranted, but it assumes lots of macro tailwinds that are still coming into focus. So, for example, higher interest rates are great for these community and regional banks, and it feels like at this point, the valuations assume some benefits from that. And as a whole, the bank sector stands to benefit more than most other sectors if there is a move to lower corporate tax rates.

Those two things are probably the biggest drivers. Then within them there are some soft items, call them regulatory expenses. It is tough to understand exactly how much the regulatory issues have affected the banks. There have been higher expenses, and it kind of distracts the executives.

At this point all signs suggest that [reforms] are moving forward and there is going to be some benefit to the banks to a certain degree. I just can’t tell you how much it is going to be, how many more rate moves we’re going to see, or how low corporate taxes are going to be.

But there is risk at this point that those two items don’t come through as positively as we’re hoping. There is risk that the banks have some downside if those two items don’t see results we’re looking for.

So it is time to be more selective. It is time to go and look at some banks that can benefit in this current environment and not just wait around for higher rates and lower corporate tax rates.”

My Thoughts

With the latest pullback in the iShares Regional Bank ETF, one has to ask the question? Are traders becoming more skeptical on the benefits of the Trump Trade? In particular, are they revisiting policy changes that matter to Regional Banks? Are proposed corporate tax cuts getting less tasty? Are proposed Dodd-Frank reform benefits getting downsized?¿¿¿

Tidy answers are not forthcoming. Maybe the latest share price pullback was an overdue profit-taking exercise. The 6 positive analyst estimate revisions in late April — after Trump held a press conference offering a proposed 15% rate on corporate taxes — did generate modest excitement.

Nonetheless, let’s take the advice of Stephens’ regional banking analyst, Mr. Olney. Be more selective with your Regional Bank picks.

3 Top Zacks Rank Picks in Regional Banking–

(1) Comerica (CMA): This is a Zacks #1 Rank (STRONG BUY) stock. Of 10 covering analysts, there have been 10 upside revisions in recent weeks. That speaks for itself.  What were the estimate revisions? 2017 annual earnings went from $4.77 30 days ago to $5.06 now (+0.29 cents).

However, the long-term Zacks VGM score is F, with a D in Value and an F in Growth. The Price to Earnings Growth (PEG) ratio is 1.65. The forward P/E is 15.65. Those are OK. The annual dividend is 1.3%. The next earnings report should land on July 18th.

Comerica Inc. is a registered bank holding company. Its operations made up of three lines of business: Business Bank, Individual Bank and Investment Bank.

The Business Bank is comprised of middle market lending, asset-based lending, large corporate banking, treasury management and international financial services. The Individual Bank includes consumer lending, consumer deposit gathering, mortgage loan origination and servicing, small business banking and private banking. The Investment Bank is responsible for the sale of mutual fund and annuity products.

(2) Northern Trust (NTRS): This is a Zacks #2 Rank (BUY) stock. Of 5 covering analysts, there have been 5 upside revisions in recent weeks. That speaks for itself. What were the estimate revisions? 2017 annual earnings went from $5.43 30 days ago to $5.44 now (+0.10 cents).

Again, we have a weak long-term soore, with the long-term Zacks VGM score at D, with a D in Value and a B in Growth. The Price to Earnings Growth (PEG) ratio is 2.39. The forward P/E is 19.12. Those are high for a bank. The annual dividend is 1.66%. The next earnings report should land on July 19th.

Northern Trust Corp. is a multi-bank holding company with worldwide locations and is a provider of treasury management, master trust, custody, retirement, risk and performance, international and investment management services for corporations, large institutions and individuals.

Northern Trust has earned distinction as a leading provider of personal fiduciary, asset management, personal and private banking, and master trust/custody, global custody and treasury management services.

(3) PNC Financial Services Group (PNC): This is a Zacks #2 Rank (BUY) stock. Of 7 covering analysts, there have been 7 upside revisions in recent weeks. What were the estimate revisions? 2017 annual earnings went from $8.74 30 days ago to $8.98 now (+0.22 cents).

Again, the long-term Zacks VGM score is D, with a C in Value and a D in Growth. The Price to Earnings Growth (PEG) ratio is 1.96. The forward P/E is 14.84. The annual dividend is 1.82%. The next earnings report should land on July 21st.

The PNC Financial Services Group, Inc. is one of the nation’s largest diversified financial services organizations, providing regional banking, corporate banking, real estate finance, asset-based lending, wealth management, asset management and global fund services.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
PNC Financial Services Group, Inc. (The) (PNC): Free Stock Analysis Report
 
Northern Trust Corporation (NTRS): Free Stock Analysis Report
 
Comerica Incorporated (CMA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.

April 27, 2017 at 10:41PM

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from John Blank

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13G Filing: Soroban Capital Partners and Praxair Inc (PX)

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You can access the original SEC filing by clicking here. Ownership Summary Table Page 1 of 11 – SEC Filing UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Praxair, Inc. (Name of Issuer) Common Stock…

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InsiderMonkey?d=yIl2AUoC8zA InsiderMonkey?d=qj6IDK7rITs

April 27, 2017 at 10:37PM

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from Insider Monkey Staff

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POT June 9th Options Begin Trading – Nasdaq

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POT June 9th Options Begin Trading
Nasdaq
Investors in Potash Corp. of Saskatchewan Inc. (Symbol: POT) saw new options become available today, for the June 9th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the POT options chain for the new June 9th …

and more »

April 27, 2017 at 10:34PM

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Tuesday, April 25, 2017

Pininfarina: da Shanghai tre auto elettriche per il futuro, tra stile ed ecologia

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Al Salone di Shanghai, Pininfarina ha presentato un tris di auto elettriche di altissima qualità che combinano design a efficienza green in collaborazione con Hybrid Kinetic Group.


Motori
/
Auto Elettriche,
Saloni Auto e Moto

April 25, 2017 at 10:35PM

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from Luca Secondino

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Spesometro: cos’è ed a cosa serve?

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Cos’è ed a cosa serve lo spesometro (ex elenco clienti e fornitori)? Ecco la ratio di uno degli adempimenti più inutili previsti dalla normativa fiscale.


Spesometro, Intrastat e comunicazioni IVA
/
Agenzia delle Entrate,
IVA ,
Spesometro

April 25, 2017 at 10:35PM

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from Francesco Oliva

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EURUSD, EURGBP, EURJPY keep inching higher

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2017-04-25_13-27-59.jpg

Range stretched for EURUSD and EURJPY
The EURUSD has now traded 99 pips from the low to the high. That is a good ways above the 22 day average range of 72 pips. The EURJPY is even more explosive with a range of 258 pips vs a 110 average.  Both pairs are trading new highs for the day. 

April 25, 2017 at 10:35PM

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from Greg Michalowski

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5 questions Trump needs to answer in his new tax plan

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Highlights of a tax plan from the White House will offer some guideposts to where Trump will start negotiations with tax writers in Congress.

April 25, 2017 at 10:33PM

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Monero

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Monero is a digital currency that offers a high level of anonymity for users and their online transactions.

April 25, 2017 at 10:32PM

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