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Finance

Bitcoin's largest marketplace froze trading to avoid a fire sale Friday after the digital currency plummeted almost 30 percent in just four days. Some businesses, hoping to seize on the bitcoin mania, have changed their names to include the word blockchain, the technology that undergirds the virtual currency.
  • Time Warner Inc (NYSE:TWX) Shares Sold by OZ Management LP

    Time Warner Inc (NYSE:TWX) Shares Sold by OZ Management LP

    Finance

    The stock decreased 0.64% or $0.76 during the last trading session, reaching $118.26. About 33,601 shares traded or 70.91% up from the average. Autodesk, Inc. Wellington Management Gru Limited Liability Partnership, Massachusetts-based fund reported 111,616 shares. In other Time Warner news, CFO Howard M. Averill bought 255 shares of the firm's stock in a transaction on Thursday, June 15th.
  • Sinclair Responds To FCC Notice Of Apparent Liability

    Sinclair Responds To FCC Notice Of Apparent Liability

    Finance

    On an anonymous tip, the FCC found that SINCLAIR aired the reports from the HUNTSMAN CANCER INSTITUTE over 1,700 times without identifying them as sponsors. The fine comes as Sinclair is awaiting FCC approval of its $3.9 billion takeover of Tribune Media, a deal that would give the combined company access to about 70 percent of the nation's television audience.
  • Honeywell International INC Holds Holding in Costco Wholesale Corp New (COST)

    Finance

    The stock decreased 0.25% or $0.44 during the last trading session, reaching $177.45. The shares were sold at an average price of $172.78, for a total value of $1,401,418.58. It now has negative earnings. Since August 1, 2017, it had 0 insider buys, and 10 insider sales for $11.06 million activity. The insider Rose Timothy L .
  • Traders Sell Shares of Merck & Co., Inc. (MRK) on Strength (MRK)

    Finance

    Merck & Co., Inc. has a consensus outperform rating from 23 Wall Street analysts, and the number of shares now sold short amount to at least 0.77% of shares outstanding. Inc. had 71 analyst reports since August 13, 2015 according to SRatingsIntel. Of those analysts, 8 rate stock as a Strong Buy, 7 rate it as Hold, and just no analyst rates it as a Moderate Sell.
  • Guyasuta Investment Advisors Inc. Buys 150 Shares of Amazon.com, Inc

    Finance

    It has underperformed by 16.70% the S&P500. Duquesne Family Office Llc increased Amazon Com Inc ( AMZN ) stake by 21.5% reported in 2017Q3 SEC filing. Culbertson A N And holds 0.12% or 419 shares. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The business's revenue for the quarter was up 33.7% compared to the same quarter last year.
  • Oakbrook Investments LLC Raises Holdings in Philip Morris International Inc. (PM)

    Finance

    The institutional investor held 9,400 shares of the consumer services company at the end of 2017Q3, valued at $693,000, down from 15,400 at the end of the previous reported quarter. It also increased its holding in Bluerock Residential Grw Rei (NYSEMKT:BRG) by 121,573 shares in the quarter, for a total of 232,471 shares, and has risen its stake in Yum Brands Inc (NYSE:YUM).
  • Accenture Plc (NYSE:ACN) Shorted Shares Decreased By 1.39%

    Accenture Plc (NYSE:ACN) Shorted Shares Decreased By 1.39%

    Finance

    Capital Research Global Investors now owns 28,501,643 shares of the information technology services provider's stock valued at $3,525,083,000 after buying an additional 605,156 shares during the last quarter. Ffcm LLC bought a new position in shares of Accenture PLC during the first quarter valued at $3,344,000. Papp L Roy & has invested 5.05% of its portfolio in Accenture plc (NYSE: ACN ).
  • What Does Wall Street Say about Gilead Sciences, Inc. (NASDAQ:GILD)?

    Finance

    Massachusetts-based Numeric Limited Liability Company has invested 1.72% in Gilead Sciences, Inc. The stock decreased 1.34% or $0.99 during the last trading session, reaching $73.02. Clarkston Ptnrs Ltd Liability Co holds 2.99% or 1.01M shares. Assetmark owns 215 shares for 0% of their portfolio. A 21 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:TPR) or, if they already own its stock, sell it.
  • Christmas Eve, weekend hours for Walmart, Target, Kohl's, Publix, Aldi's and more

    Christmas Eve, weekend hours for Walmart, Target, Kohl's, Publix, Aldi's and more

    Finance

    All Aldi stores will then be closed throughout the United Kingdom on Christmas Day and Boxing Day. Bed Bath & Beyond will be open from 8 a.m. -11 p.m. Most Starbucks will operate on normal scheduled before closing at 6 p.m. Christmas Eve. Karsons in Chatham and Rochester will be open on Christmas Day from 10:30am-2:30pm, with the Rochester branch also open 10am-6pm on Boxing Day and New Year's Day.
  • Nike Inc Earnings Decline 9% In Q2

    Finance

    It has outperformed by 29.32% the S&P500. In the most recent financial results released by NIKE , Inc., for the quarter ending on 2017-08-31, the company posted EPS of 0.57. It is positive, as 39 investors sold MA shares while 488 reduced holdings. Shares of Nike closed about 1.8% higher on Thursday. Aldebaran Fincl holds 2.36% or 3,561 shares.
  • Georgia LB Natrez Patrick ruled out for CFP

    Georgia LB Natrez Patrick ruled out for CFP

    Finance

    Reggie Carter will likely get the start in his place in the Rose Bowl. His attorney wouldn't give us details about what that treatment involves but Patrick's status had been in question ever since he and teammate Jason Stanely were arrested just hours after Georgia won the SEC Championship.