Australian Racing: Sword Of Light

Australian Racing: Sword Of Light

Australian Racing: Sword Of Light One of the most interesting horses in regards to pedigree at last Saturday’s Flemington meeting was , determined winner of the Gr.2 Let’s Elope Stakes. It was win number five from 19 starts for the classy mare who also won last year’s Gr.3 Blue Diamond Fillies Preview. What a fascinating […]

Impressive Debut for Casares

Impressive Debut for Casares

A number of well related fillies lined up in a 1170m maiden at Wangaratta on Tuesday, a couple of whom were well supported in the betting. But it was one unwanted by punters who would upstage them, the Mathew Ellerton & Simon Zahra trained Casares proving too strong. Jumping the fastest of the nine runners, […]

Bitcoin Investment Opportunities

Bitcoin Investment Opportunities

Magical Internet Money Hits $5k The decentralized currency Bitcoin has rallied hard this year, climbing from $1,000 per BTC on January 1st to $5,000 per BTC on the first of September. The digital asset had a substantial market capitalization of approx. $82.6B with only 16.5 million bitcoins currently in circulation. Further, bitcoin trade volume has […]

Brambles Ltd (BXB.AX) Soon To Outperform

Brambles Ltd (BXB.AX) Soon To Outperform

Needle moving action has been spotted in Brambles Ltd (BXB.AX) as shares are moving today on volatility -0.11% or $-0.01 from the open. The ASX listed company saw a recent bid of $9.34 and 2640000 shares have traded hands in the session. Market watchers diligently track the companies they think can do well to grow earnings. The goal is typically to discover […]

Woolworths Shares Not Worth Buying

Woolworths Shares Not Worth Buying

Is the Woolworths Limited (ASX: WOW) share price a bargain at $26? To understand and answer that question we need to know the difference between price and value. What are Woolworths shares worth? I run my own valuations on shares. You would need to take into account any growth from its supermarkets, liquor sales, cost-outs and competition. Currently, […]

Rio Tinto Expands Mining Farm

Rio Tinto Expands Mining Farm

Rio Tinto has formally opened its new $US338 million Silvergrass iron ore mine in Western Australia’s Pilbara region. The 10 million tonne per annual operation is the company’s 16th mine and represents the first new iron ore mine in Australia since the opening of Gina Rinehart’s Roy Hill mine. Rio Tinto chief executive Jean-Sebastien Jacques […]

Commonwealth Bank Money Laundering Scheme

Commonwealth Bank Money Laundering Scheme

The Commonwealth Bank has responded to revelations it failed to monitor transactions in the USA, Asia and Europe. An internal review of the bank’s compliance with Australian and global anti-money laundering and counter terrorism laws reportedly showed large-scale failures in transaction monitoring across a multitude of businesses around the world, according to Sky News Business. Sky […]

ASX – $6.1 Million Loss For The Financial Year

ASX – $6.1 Million Loss For The Financial Year

Fractional property investment platform, DomaCom has reported a $6.1 million loss for the financial year ended 30 June. The company, which listed on the Australian Securities Exchange (ASX) in November last year and raised $7.3 million, said the result was still in line with its expectations and reflected its early stage position. At the same […]

Thailand’s Strong Baht and Stock Market Rally

Thailand’s Strong Baht and Stock Market Rally

Thailand’s strong baht and stock market rally are in line with economic fundamentals, the central bank governor said on Wednesday, as the currency hovered around 28-month highs against the U.S. dollar. The moves have been driven by stronger economic growth and easing political uncertainty, Veerathai Santiprabhob told reporters. Southeast Asia’s second-largest economy expanded a more […]

Qantas To Cut Costs For Tourism

Qantas To Cut Costs For Tourism

The West Australia government says Qantas’ 12-month trial of discounted airfares for residents in six regional towns is a response to the launch of a parliamentary inquiry. The government hopes it will lead to further cheaper intrastate flights. From November, Qantas will offer a discount of between 10 per cent and 30 per cent for […]

Fortescue Share Price Low

Fortescue Share Price Low

Although the market has bounced back from yesterday’s decline and is up 0.3% in morning trade, the Fortescue Metals Group Limited (ASX: FMG) share price and the Atlas Iron Limited (ASX: AGO) share price have sunk deep into the red. At the time of writing the shares of the two leading iron producers are down 2.5% and 5%, respectively. Why have […]

Rio Tinto Group Negotiating With Freeport

Rio Tinto Group Negotiating With Freeport

US mining giant Freeport McMoRan has signaled it believes a breakthrough agreement allowing it to continue operating a massive gold and copper mine in Indonesia will win the approval of Rio Tinto. Indonesian Energy and Minister Resources Minister Ignasius Jonan said on Tuesday that after “tough negotiations” Freeport had agreed to give up its majority stake […]

Telstra Struggling Business

Telstra Struggling Business

Telstra is expected to start considering the future of its struggling health business as it looks to cover its $3 billion revenue black hole and the forgone benefits of its NBN earnings secularization plan. Telstra has given guidance that a 22c dividend payment is likely in 2018 and Citi analysts forecast that will be made […]

Commonwealth Bank – Australia’s Banking System Trust Damaged

Commonwealth Bank – Australia’s Banking System Trust Damaged

The Australian community’s trust in the banking system has been damaged in recent years, and CBA in particular has been negatively impacted by a number of issues that have affected the reputation of the bank. Treasurer Scott Morrison said there had been more than 12 compliance “issues” at the bank since 2008, and the board and […]

ASX – Pet Owners To Have Legal Cannabis In The Near Future

ASX – Pet Owners To Have Legal Cannabis In The Near Future

Pet owners may soon be one step closer to accessing medical cannabis as a pain-reliever for their furry friends thanks to CannPal, a Sydney-based pharmatech startup that is looking to raise $6 million when it lists on the Australian Securities Exchange later this year. CannPal wants to develop cannabis-based products to aid veterinarians in administering […]

BHP Billiton Limited – Strong Buy Rating

BHP Billiton Limited – Strong Buy Rating

BidaskClub upgraded shares of BHP Billiton Limited (NYSE:BHP) from a buy rating to a strong-buy rating in a research note published on Saturday. A number of other equities analysts have also recently issued reports on BHP. Zacks Investment Research upgraded shares of BHP Billiton Limited from a strong sell rating to a hold rating in a research note on […]

IDR – Asain Currencies Drifting Low

IDR – Asain Currencies Drifting Low

Asian currencies drifted lower on Wednesday as the US dollar held onto its gains after upbeat retail sales data suggested the economy continued to gain momentum in the third quarter, reinforcing the possibility of another rate hike by the Federal Reserve this year. US retail sales recorded their biggest increase in seven months in July, […]

Trading Outlook – Sell EUR, Buy GBP

Trading Outlook – Sell EUR, Buy GBP

While we remain structurally bearish on GBP, we think EUR/GBP is due some mcorrection in the short-term. The cross is technically stretched with the 14-day RSI running above 80, a level it has reached only four times since 2008. Moreover, Bank of England pricing looks very dovish again with no hikes priced until late 2019. While we […]

JPY/USD – Japanese Economic Growth

JPY/USD – Japanese Economic Growth

The Japanese economy has been showing convincing signs of strength throughout the month of August. Despite softer than expected imports, Japan still managed to beat Q2 GDP expectations. Economic indicators like the PMIalso signal growth. However, despite the strong GDP outlook, Japan’s inflation rate remains dismally below the Bank of Japan’s targets, leaving the possibility of […]

EUR – Unemployment Down, Exchange Rate Up

EUR – Unemployment Down, Exchange Rate Up

The euro broke through the psychologically important $1.20 barrier against the U.S. dollar for the first time since January 2015 on Tuesday, a move that could help cement the shared currency’s newfound role as a global haven unless the European Central Bank intervenes. The shared currency has strengthened more than 14% against a broadly weaker […]

AUD Under Pressure As North Korea Conducts Another Missile Test

AUD Under Pressure As North Korea Conducts Another Missile Test

The Australian dollar has fallen sharply in early Asian trade on Tuesday following news that North Korea has conducted another missile test. Before the news of this latest missile test, the AUD/USD had risen to as high as .7973, a four-week high. That move was driven by broad-based US dollar weakness, continuing the move seen late […]

Malaysian Ringgit Trading In Singapore Outlook

Malaysian Ringgit Trading In Singapore Outlook

Bank Negara Malaysia (BNM) has clarified that Malaysian market participants are not allowed to engage in any offshore trading of the ringgit outside Malaysia. Governor Datuk Muhammad Ibrahim said the statement issued by the central bank objecting the introduction of the ringgit futures on the Singapore Stock Exchange was meant for Malaysians. “We want to […]

Theresa May Plans To Boost UK Economy By £135 Billion a Year

Theresa May Plans To Boost UK Economy By £135 Billion a Year

THERESA May’s plans for a hard Brexit could boost the UK economy by £135 billion a year, top economists have predicted. They believe the UK could reap trade gains worth £80bn annually by removing tariffs for both the European Union and the rest of the world. Deregulating the economy and other Brexit-related policies could provide […]

Bangkok News – Mother’s Day Special Gift

Bangkok News – Mother’s Day Special Gift

Looking for a late mother’s day gift? Want something affordable but with high value? Something that is like no other gift you have given your mother or wife before. Look no further, MaxFit Performance, Bangkok’s #1 Gym for Transformation Results, is doing a mother’s day special. This fitness program is called “The Hot Mommy Makeover”, […]

THB – ThaiBev To Buy KFC Restaurants

THB – ThaiBev To Buy KFC Restaurants

Thai Beverage, the spirits giant that makes Chang beer and SangSom rum, is expanding into the fast-food business to take advantage of the rising appetite for fried chicken in Asia. ThaiBev agreed to purchase more than 240 existing KFC restaurants in Thailand for about 11.3 billion Thai baht ($340 million). A deal is also in place for […]

5.1b Ringgit To Oil Refinery In Malaysia

5.1b Ringgit To Oil Refinery In Malaysia

Hong Kong’s NewOcean Energy Holdings Limited said on Monday it planned to build a 5.1 billion ringgit (S$1.624 billion) petroleum refinery complex on Malaysia’s east coast along with two partners. NewOcean will partner Malaysia’s Kuantan Port Consortium Sdn Bhd and Malaysian east coast development body. This (refinery) will further strengthen the throughput’s that will go […]

BREXIT – £36bn Divorce Bill

BREXIT – £36bn Divorce Bill

Downing Street sources have played down reports that the UK is prepared to pay a divorce bill of up to £36bn to try and force progress in stalled Brexit talks. The figure amounting to some €40bn would be offered in a bid to push discussions on from withdrawal and towards a future trade deal. Theresa May is expected […]

Malaysian Ringgit (MYR) Against The Greenback

Malaysian Ringgit (MYR) Against The Greenback

On a Friday-to-Friday basis, the ringgit traded lower at 4.2970/3000 against the greenback from last 4.2920/2950 previously. However, the local note traded higher against other major currencies, except the euro. It appreciated versus the Singapore dollar to 3.1088/1123 from 3.1181/1220 last week, rose against the Japanese yen to 3.7799/7829 from 3.8328/8365 and advanced against the […]

Eagle Farm To Return In April 2018

Eagle Farm To Return In April 2018

After an embarrassing two month closure, the Eagle Farm racecourse is hoping to be ready to resume racing in April 2018. The independent report which has taken place due to the problems at the course has been released. The report has many recommendations in it, including the removal of all the existing grass on the […]

A Bletchingly Stakes Preview

A Bletchingly Stakes Preview

Not since 1995/96 has a horse won consecutive runnings of the Gr.3 Bletchingly Stakes but that is just what is being attempted by Lord Of The Sky when he heads to Sandown on Sunday. Showing his customary dash when resuming in the Gr.3 John Monash Stakes, Lord Of The Sky tired late but was beaten just […]

UK Economy Has Dropped Since Brexit

UK Economy Has Dropped Since Brexit

Bank of England says Brexit and the uncertainty around it has already hit people’s incomes and is weighing down the economy. Households have cut back on spending and businesses on investment, slowing the economy’s growth. It comes as the Bank downgraded its forecasts for the British economy this year, just days after EU statistics indicated the eurozone […]

Thai Baht (THB) Capital Boost

Thai Baht (THB) Capital Boost

Singapore Technologies Electronics (ST Electronics) has increased the capital of its subsidiary, ST Electronics Thailand by THB 310 million (approximately SGD 12.6 million). This capital boost aims to support the expansion and growth of the company’s rail electronics business in Thailand, and will bring ST Electronics’ total share capital contribution in ST Electronics Thailand to […]

BREXIT – National Investment Fund To Support UK Despite Negative Influences

BREXIT – National Investment Fund To Support UK Despite Negative Influences

The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]

Procter & Gamble Co. Quarter Net income at $2.22 billion

Procter & Gamble Co. Quarter Net income at $2.22 billion

Procter & Gamble Co. PG, +0.68% shares rose less than 1% in premarket on Thursday after the company reported fourth-quarter earnings that were above Wall Street expectations. Net income for the quarter came in at $2.22 billion, or 82 cents per share, compared to $1.95 billion, or 69 cents per share during the year earlier period. Adjusted earnings […]

JP Morgan Chase – Thousands Of Employees To Move Locations

JP Morgan Chase – Thousands Of Employees To Move Locations

In about a month, thousands of JP Morgan Chase & Co. (NYSE: JPM) employees will begin to move into the financial giant’s new regional campus in Plano’s Legacy West — a hub powered in part by wind energy. The move into the 1 million-square-foot campus within Legacy West will be the first of a multi-phased consolidation bringing about half […]

Chinese Take Advantage Of Malaysia (MYR)

Chinese Take Advantage Of Malaysia (MYR)

Raising funds through Sukuk in Malaysia has been gaining traction among Chinese corporations. Over the last two weeks, Chinese corporations are seen raising funds through the Islamic bonds in Malaysia, which has positioned itself as Islamic funds hub. Last week, China-owned Edra Power Holdings’ solar energy unit Tadau Energy announced it had issued up to […]

Boral Negative Momentum Indications

Boral Negative Momentum Indications

Shares of Boral Ltd (BLD.AX) are on watch as the Tenkan Line has moved below the  Kijun line, indicating negative momentum for the equity.  Boral Ltd moved -0.03 in the most recent session and touched 6.89 on a recent tick. Traders are paying renewed attention to shares of Boral Ltd (BLD.AX). The current 14-day RSI is presently sitting at […]

Woodside Petroleum Capital Outlook

Woodside Petroleum Capital Outlook

With a market capitalization of USD $19.41 Billion, Woodside Petroleum Ltd (ASX:WPL) falls in the category of stocks popularly identified as large-caps. These are established companies that attract investors due to diversified revenue streams and capability to enhance total returns through dividends and buybacks. While value and historical performance are important in analyzing a company, […]

Fortescue Metals Group To Ease-up or Stay Aggressive

Fortescue Metals Group To Ease-up or Stay Aggressive

Shares of Fortescue Metals Group Ltd (FMG.AX) is moving on volatility today 5.90% or $0.32 rom the open. The ASX listed company saw a recent bid of $5.74 on 35180000 volume. Investors may be looking for the next positive catalyst to create a solid breakout. Some may be wondering when the party will end, and it remains to be seen if excess […]

Australia and New Zealand Banking Group Focus On Domestic Operations

Australia and New Zealand Banking Group Focus On Domestic Operations

The Australia and New Zealand Banking Group (ASX: ANZ) share price is always worth considering in my opinion. ANZ is one of Australia’s big four banks and one of the biggest businesses in the country. ANZ has prospered over the last two decades due to Australia’s economic growth. ANZ was unique with its strategy after the GFC. It […]

Macquarie Group Executive Paid $18.8 Million

Macquarie Group Executive Paid $18.8 Million

Executive remuneration has raised eyebrows in the past, but the shareholder vote to endorse pay sailed through relatively unscathed despite talk of proxy advisors ISS pushing for a first strike vote on executive pay and the Australian Shareholders’ Association demanding greater transparency. Chief executive Nicholas Moore will retain his spot as Australia’s highest paid executive […]

Woolworths Share Valuation

Woolworths Share Valuation

Since 2015, its yearly dividends have fallen from $1.39 per share to $0.67. Buy, Hold or Sell No doubt, shrewd investors are running their rulers over Woolies shares. After all, it’s not every day one of Australia’s biggest and most well-known companies falls from grace – although, Telstra Corporation Ltd (ASX: TLS) might not be far behind […]

Telstra International Scam

Telstra International Scam

Almost 9/10 Australians rely on a smartphone for everything from works calls to personal banking, navigation and photography. But just when smartphones are at their most useful — when you’re in a foreign location — using them to their full potential can become much more expensive. Despite regulatory changes, global roaming is still one of […]

Commonwealth – The Disabled Are Holding Us Back

Commonwealth – The Disabled Are Holding Us Back

Disability advocates have criticized Commonwealth Bank for deploying an Eftpos machine that cannot be used by the blind or visually-impaired. The advocacy group Blind Citizens Australia and the former disability discrimination commissioner Graeme Innes said the touchscreen-only terminal was preventing blind users using the machine, or forcing them to reveal their pin to retail staff. The bank’s Albert […]

Altria Tobacco Earnings Rise

Altria Tobacco Earnings Rise

Altria, the largest tobacco company in the US, reported a 20 per cent increase in net earnings on Wednesday as growth in its smokeless products continued to take off while higher Marlboro cigarette prices also padded profits. Net income rose to $1.99bn, or $1.03 per share, compared to $1.65bn, or 84 cents per share in […]

Indonesian Rupiah (IDR) All Time Low

Indonesian Rupiah (IDR) All Time Low

Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]

Malaysian Ringgit (MYR) Come Back

Malaysian Ringgit (MYR) Come Back

The Malaysian ringgit rebounded against the US dollar on Thursday (Jul 27), benefitting from the Federal Reserve’s decision to keep its interest rates low longer, a dealer said. At 6pm local time, the local unit stood at 4.2760/2790 against the greenback compared with Wednesday’s close of 4.2825/2865. The dollar fell to a 2-1/2 year low against the euro and a 13-month trough against […]

FactSet Earnings Report Ahead Of Zacks Consensus Estimate

FactSet Earnings Report Ahead Of Zacks Consensus Estimate

FactSet Research Systems Inc.  FDS reported mixed results for third-quarter fiscal 2017. Adjusted earnings came ahead of the Zacks Consensus Estimate, while revenues missed the same. The company reported adjusted earnings per share of $1.85, which surpassed the Zacks Consensus Estimate by a penny. The figure was toward the higher end of the guided range of […]

Brexit – Fight For Euro Clearing

Brexit – Fight For Euro Clearing

The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to veto its decisions. Eurex Clearing, the Deutsche Boerse AG-owned subsidiary that would probably benefit most if London was […]

Supervalu Shares Rose 49 Cents

Supervalu Shares Rose 49 Cents

A Minnesota-based grocery company is making a power play in the Chicago area, stepping into the void being left by the bankrupt Central Grocers, a nearly century-old grocery cooperative that’s closed up shop. Supervalu Holdings has entered into an agreement to buy Central Grocers’ massive distribution center in Joliet for $61 million. Supervalu reported fiscal first-quarter net […]

Charles Schwab Trading Analysis

Charles Schwab Trading Analysis

The Charles Schwab Corporation (SCHW) is an interesting player in the Financial space, with a focus on Investment Brokerage – National. The stock has been active on the tape, currently trading at $41.96, down from yesterday’s close by -0.45%. Given the stock’s recent action, it seemed like a good time to take a closer look […]

Should You Invest In Transocean?

Should You Invest In Transocean?

Investment Thesis Transocean (RIG) is the uncontested leader in the deep water sector (floaters) with an impressive backlog estimated at $10 billion. The company fleet is now reduced to 50 rigs with 26 rigs operating (including the two under-construction drillships contracted to Shell for 10 years). The company management has done an excellent job to rejuvenate its rig fleet […]

ConocoPhillips Profits Could Remain Under Pressure

ConocoPhillips Profits Could Remain Under Pressure

ConocoPhillips, like other exploration and production companies, has been struggling due to the weakness in oil prices. So far, the company has reported seven quarterly losses in a row, though the losses have gradually narrowed owing to the improvement in energy prices and the company’s cost-cutting efforts. In 1Q17, for instance, ConocoPhillips reported adjusted quarterly loss of […]

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. reported net income of $46.1 million, or $1.07 per diluted share, compared with $31.8 million, or 73 cents per diluted share, in the second quarter of 2016. Net income for the quarter includes a noncash after-tax gain of $18.0 million, or 42 cents per share, in connection with the company’s previously announced sale of HelloWallet, an online financial wellness business. Revenue for […]

Freeport-McMoRan Unexpected Q2 Results

Freeport-McMoRan Unexpected Q2 Results

Freeport-McMoRan (FCX) has just reported its second-quarter results, which are very interesting to see in the light of ongoing problems in Indonesia and the recent upside in the copper market. The company reported adjusted net income of $0.17 per share on revenue of $3.7 billion, missing analyst estimates on earnings and beating them on revenue. More importantly, […]

Australian Dollar (A$) CPI Outlook

Australian Dollar (A$) CPI Outlook

Australia’s Consumer Price Index (CPI) climbed an annualized 2.1% after expanding 1.5% during the last three-months of 2016, while the core rate of inflation increased 1.9% during the same period amid forecasts for a 1.8% print. Signs of slower-than-expected inflation may encourage the Reserve Bank of Australia (RBA) to preserve the record-low cash rate for […]

Brambles Ltd Traders Overview

Brambles Ltd Traders Overview

Chartists are paying particular close attention to shares of Brambles Ltd (BXB.AX) as the equity has touched the near-term bottom Bollinger Band, touching 9.45 on a recent trade.  Using this along with several other technical indicators can help investors understand if the shares will continue the downward momentum or bounce back up from the band. […]

Woodside Petroleum Changing The Liquefied Natural Gas Market

Woodside Petroleum Changing The Liquefied Natural Gas Market

An Australian-built trading platform that aims to disrupt the way the world’s $200 billion liquefied natural gas market transacts is to go live within a matter of weeks, with Woodside Petroleum set to be among the first to sell cargoes through the system. Perth-based GLX, which is chaired by former Woodside and Beach Energy executive […]

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group, Australia’s leading investment bank, has a hole to fill. In the years after the global financial crisis, the bank’s Corporate and Asset Finance (CAF) unit – an opaque business analysts call a “black box” – accounted for almost a third of Macquarie’s earnings, driving growth fueled by a A$33 billion ($26.18 billion)-plus bet […]

Bank of America Overpriced For Many Reasons

Bank of America Overpriced For Many Reasons

The US dollar is the worst performing G10 currency this year, down 8% versus its major peers. But it’s still expensive relative to its history, according to Bank of America Merrill Lynch. The currency remains overvalued by about 10 percent compared with its long-term equilibrium and about 12 percent above its 20-year average in real effective term. The […]

Foreign Investors See Malaysian Ringgit (MYR) Potential

Foreign Investors See Malaysian Ringgit (MYR) Potential

Things are looking up for Malaysia, with more foreign investors cashing in on the country’s improving economy and strengthening currency, market participants told CNBC on Tuesday. Funds are flowing into Malaysia as the economy and local currency, the ringgit, strengthen, market participants said Upcoming elections present risks, but investors should see volatility as an opportunity to […]

CSL Limited Shares In Buy Zone?

CSL Limited Shares In Buy Zone?

12 month volatility is presently 22.877900. The 6 month volatility is 18.725400, and the 3 month is spotted at 20.357200. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when […]

AMP Limited Skyrockets

AMP Limited Skyrockets

The stock of Ameriprise Financial, Inc. (NYSE:AMP)reached all time high today, Jul, 25 and still has $147.47 target or 6.00 % above today’s $139.12 share price. This indicates more upside for the $21.40 billion company. This technical setup was reported by Barchart.com. If the $147.47 PT is reached, the company will be worth $1.28 billion more. Trading […]