• Stocks end wild day with 4% drop; S&P, Dow enter correction territory
Stocks end wild day with 4% drop; S&P, Dow enter correction territory

The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. From record highs in January, both Dow and S&P 500 slid 10 per cent this week - entering a typical definition for correction phase.

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  • Revenue Estimates of the Stock: Rio Tinto plc (RIO), Dominion Resources, Inc
Revenue Estimates of the Stock: Rio Tinto plc (RIO), Dominion Resources, Inc

The firm has a market capitalization of $70,690.00 and a PE ratio of 1,086.18. Rio Tinto has a 12 month low of GBX 2,882.50 ($40.42) and a 12 month high of GBX 4,226.56 ($59.26). Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.89 average brokerage recommendation. The company, which admitted is hunting for acqui...

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  • $2.70 Billion in Sales Expected for Anadarko Petroleum Co. (APC) This Quarter
$2.70 Billion in Sales Expected for Anadarko Petroleum Co. (APC) This Quarter

Paul Reeder increased its stake in Anadarko Pete Corp ( APC ) by 96.08% based on its latest 2017Q3 regulatory filing with the SEC. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.

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  • The ProShares Short Volatility ETF Lives To Fight Another Day
The ProShares Short Volatility ETF Lives To Fight Another Day

Monday's slump in the US stock market may have been painful for those betting against volatility in prices, but traders who took opposite positions hoping to gain from a sharp move are likely to laugh all the way to their banks. As a result, the lower and upper re-opening auction collars will be $10.84 and $11.98 respectively. Shares in the Cboe ...

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  • Trading Watch on Shares of Federal Realty Investment Trust (FRT)
Trading Watch on Shares of Federal Realty Investment Trust (FRT)

The average volume was noted at 961.42K shares while its relative volume was seen at 2.31. The current P/B amount of Digital Realty Trust, Inc. best indicates the value approach in differentiating good from the bad. (NYSE:CDR). 43,500 were reported by Nomura Asset Ltd. State Of Alaska Department Of Revenue holds 64,090 shares. The Company's propert...

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  • Wells Fargo: Fed order could cut $400M from bank's profit this year
Wells Fargo: Fed order could cut $400M from bank's profit this year

Wells Fargo says Federal Reserve sanctions on the bank after a fake accounts scandal and other problems could reduce the embattled bank's profits by as much as $400 million this year. Once the Fed approves those plans, Wells will hire third-party consultants to review them and monitor its progress until the regulator is satisfied.

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  • Natalie Wood case: 'We're closer to understanding what happened,' detective says
Natalie Wood case: 'We're closer to understanding what happened,' detective says

The Los Angeles County Sheriff's Department reopened the investigation into Wood's death in fall 2011. Corina said Monday that Wagner was the one who alerted those on the boat that Wood had gone missing. "Yes of course we want to talk to Robert Wagner, you bet", Corina said."The version of events he's portrayed in the media, I think... he told ...

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  • Snapchat shares skyrocket on first earnings beat with revived user growth
Snapchat shares skyrocket on first earnings beat with revived user growth

The company reported fourth-quarter results as Wall Street was looking for signs of life from an app that struggled at points past year. Snap shares lifted 18 percent in after-hours trade to $16.62 following the fourth quarter update for the company known for its ephemeral smartphone messages and other online content.

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  • Bitcoin Free Fall Continues As Dominant Cryptocurrency Drops Below $7000
Bitcoin Free Fall Continues As Dominant Cryptocurrency Drops Below $7000

This comes after the country banned virtual money exchanges previous year. Despite the regulation attempts, bitcoin is still several hundred percent higher since January a year ago with rivals ethereum and ripple up several thousand percent.

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  • Technology companies lead stocks higher in midday trade
Technology companies lead stocks higher in midday trade

Stocks moved higher in midday trading after several big US companies reported strong quarterly results. The S&P 500 saw a 5.6% January rise, however. Xerox (XRX) trimmed its early gain to 2%, after reporting a healthy fourth-quarter and announcing that Japan's Fujifilm Holdings (FUJIY) would take a majority stake in the company, renaming the...

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  • Valero Energy Corp (NYSE:VLO) Q3 2017 Sentiment
Valero Energy Corp (NYSE:VLO) Q3 2017 Sentiment

Finally, Bank of New York Mellon Corp grew its position in Valero Energy by 4.3% in the 3rd quarter. Cable Hill Partners LLC raised its stake in Valero Energy by 1,015.3% during the third quarter. Following analysis criteria, Valero Energy Corporation (NYSE:VLO) attains noticeable attention, it has analyst recommendation of 2.50 on scale of 1-5 wit...

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  • Alphabet Inc (GOOGL) Revenue up 24%, Earnings Miss the Mark
Alphabet Inc (GOOGL) Revenue up 24%, Earnings Miss the Mark

It cut prices on other types of hardware in an attempt to get its media streaming and online search devices into the homes of people. However, some analysts looked past the costs and focused on a strong core ad business as well as positive comments from Google Chief Executive Officer Sundar Pichai on its fast-growing cloud computing business.

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  • After excise cut on fuels, Siddaramaiah rules out sales tax reduction
After excise cut on fuels, Siddaramaiah rules out sales tax reduction

According to the Finance Commission formula, around 42 per cent of Centre's earnings from excise duty, additional excise duty and customs duty is shared with the states. However, there are some other factors as well that determine the prices of petrol and diesel. Under the new tax regime, the maximum tax imposed on petrol and diesel will be capped ...

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  • Bitcoin regulation: Everything you need to know as pressure mounts on cryptocurrencies
Bitcoin regulation: Everything you need to know as pressure mounts on cryptocurrencies

The real-name trading system is also part of the government's latest measures to curb speculative investment into virtual coins amid growing fears that a cryptocurrency bubble may be set to burst. Illegal foreign currency trading of 472.3 billion formed the bulk of the cryptocurrency crimes, it said in a statement, but gave no details on what a...

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  • Bon-Ton announces closures, and Phillipsburg Mall takes another hit
Bon-Ton announces closures, and Phillipsburg Mall takes another hit

The Bon-Ton Stores operates 260 stores, including nine furniture galleries and four clearance centers. In Pennsylvania, a Bon-Ton in the Trexler Mall in Trexlertown and the Stroud Mall in Stroudsburg are among those to shut down. She said she's been a loyal customer of whatever store occupied the mall space since then. Bon-Ton has a department ...

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  • Fears for Quiksilver boss missing at sea after boat washes ashore
Fears for Quiksilver boss missing at sea after boat washes ashore

The boat washed up shortly after 9:15am at Hossegor , a famed surfing spot about 30 kilometres (20 miles) north of Biarritz, the local authorities said in a statement. According to the World Surf League, Agnes left Capbreton Harbor at 7.30am on Tuesday and his boat was found two hours later. Agnes, an experienced surfer , worked at Quiksilver ...

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  • Dr. Pepper and Keurig announces merger
Dr. Pepper and Keurig announces merger

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DPS . "The combination of Dr Pepper Snapple and Keurig will create a new scale beverage company which addresses today's consumer needs, with a powerful platform of consumer brands and an unparalleled distribution capability to reach virtually ...

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  • Daines, Gianforte react to Wynn donations and RNC resignation
Daines, Gianforte react to Wynn donations and RNC resignation

The Wall Street Journal reported that a number of Republican politicians have confirmed that they would donate the money they had been contributed to by Mr. The committee is scheduled to convene in Washington this week for its annual winter meeting. Wynn, who is chairman and CEO of the company he founded, is a titan in Las Vegas and played a m...

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  • How to find free checking after BofA adds new fee
How to find free checking after BofA adds new fee

Ally is another big internet bank with no monthly maintenance fee and Clements says, "no minimum deposit or minimum balance and they've been doing that for years". Asked when that might change as banks face lower income and profits from some other banking services, Donofrio said: "My guess is we're getting close to that point".

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  • Vandals cause thousands of dollars in damage at 'Field of Dreams' site
Vandals cause thousands of dollars in damage at 'Field of Dreams' site

The owners have set up a Go Fund Me page . In addition to the grass being destroyed, Steffen told the Dubuque Telegraph Herald that the field's sprinkler system may have also been damaged but a final assessment could only be done once the seasons had changed.

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  • Falcon Heavy finally fires up for the first time
Falcon Heavy finally fires up for the first time

Elon Musk reported that all went well with hold down test of the 27 engines of the SpaceX Falcon Heavy . SpaceX successfully launched 18 Falcon 9 rockets past year, a remarkable recovery from a launchpad mishap in September 2016 that destroyed a rocket and the $200 million satellite on top.

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  • Greta Gerwig's Best Director Oscar Nomination Ends All-Male Streak
Greta Gerwig's Best Director Oscar Nomination Ends All-Male Streak

Will Greta and the rest of Lady Bird get their well-deserved awards on March 4? These revelations popularized the #MeToo movement and " Time's Up" campaign for women seeking justice. Meanwhile, star Mary J. Blige picked up a best-supporting-actress nod, as well as best-song nod (for the song "Mighty River", co-written by Raphael Saadiq a...

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  • Oil jumps as Brent tops US$70, with inventory data on tap
Oil jumps as Brent tops US$70, with inventory data on tap

The contract also touched a new three-year high on Wednesday. U.S. East Coast crude inventories fell to 11.3 million barrels last week, the lowest level since October of 2014, according to U.S. Analysts surveyed by The Wall Street Journal were expecting a 2.5 million barrel increase in gasoline supplies and anticipated that diesel supplies would ...

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  • Britain's banks provide support for firms hit by Carillion collapse
Britain's banks provide support for firms hit by Carillion collapse

It includes representatives from leading business bodies, the construction trade sector, unions, banks and government. "The government is a customer of Carillion, and our focus has been on ensuring that we are providing the public services - they are continuing to be provided uninterrupted - to reassure workers on those public services that they wi...

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