Woolworths Limited (ASX:WOW) Trading Outlook

Woolworths Limited (ASX:WOW) Trading Outlook






Woolworths Limited (ASX:WOW) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 27.01. The projected lower bound is: 25.55. The projected closing price is: 26.28. Woolworths Limited is an Australia-based company, which is engaged in retail operations. The Company’s segments […]






Wesfarmers Ltd (ASX:WES) Trading Outlook

Wesfarmers Ltd (ASX:WES) Trading Outlook






Wesfarmers Ltd (ASX:WES) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 41.44. The projected lower bound is: 38.86. The projected closing price is: 40.15. WESFARMER FPO SE closed down -0.230 at 40.230. Volume was 3% below average (neutral) and […]






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group is set to appeal against a native title ruling which could force the company to pay millions of dollars in compensation for its Solomon Hub mine in WA’s Pilbara region. The Federal Court has granted native title to 2,700 square kilometres of land in the […]






BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights






BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Ltd. (BHP.AU) said Wednesday it plans to step up activity in the U.S. oil-and-gas shale fields that activist shareholders are agitating for the resources company to offload. The move is expected to revive flagging onshore production volumes even as BHP continues to invest in conventional energy operations […]






Verizon Communications Inc. (NYSE:VZ) HEFFX Highlights

Verizon Communications Inc. (NYSE:VZ) HEFFX Highlights






Verizon Communications Inc. (NYSE:VZ) HEFFX Highlights Verizon’s and AT&T’s reactive moves to expand unlimited data plans may be stifling their network speeds, according to T-Mobile CTO Neville Ray. A nosedive in megabits per second (Mbps) for the two companies during Q2 2017, coinciding with the launch of their new unlimited offerings, could suggest that the […]






BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights






BC Iron Limited (ASX:BCI) HEFFX Highlights ASX-listed BC Iron on Wednesday told shareholders that the scoping study estimated a capital cost of between A$225-million and A$255-million, with operating costs estimated at between A$19/t and A$21/t free-on-board, while Mardie was expected to generate average revenues of around A$45/t. The project would have a net present value […]






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights THE Federal Court has found a major indigenous group in the Pilbara is entitled to ­exclusive native title rights over land on which Fortescue ­Metals has built its Solomon iron ore mine. It paves the way for a ­potentially massive compensation claim against the ­company founded by chairman […]






China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) HEFFX Highlights

China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) HEFFX Highlights






China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) HEFFX Highlights Alibaba and Tencent are expected to lead new private investors and get seats on the board of Shanghai-listed parent of the world’s sixth-largest mobile network operator, with 268.3 million subscribers as of May 31. China Unicom (Hong Kong) on Wednesday reported 1.09 million net addition of […]






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights

Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights Alibaba Group (BABA) is eyeing the online grocery market in India, which is set to explode in the coming years, reportedly holding talks to acquire a large minority stake in BigBasket, the largest online grocer in the country. Alibaba has opened three new Hema supermarkets where customers can […]






Visa Inc (NYSE:V) HEFFX Highlights

Visa Inc (NYSE:V) HEFFX Highlights






Visa Inc (NYSE:V) HEFFX Highlights Visa Inc. V, +0.25% and PayPal Holdings Inc. PYPL, -1.03% said Tuesday they are extending their U.S. and Asia partnership to Europe. PayPal will use its banking license in Europe to join the Visa network of financial institutions and offer Visa accounts in Europe for consumers to use wherever Visa […]






Bank of America Corp (NYSE:BAC) Cancels HNA Deal

Bank of America Corp (NYSE:BAC) Cancels HNA Deal






Bank of America Corp (NYSE:BAC) Cancels HNA Deal Bank of America said it has identified a solution following reports of system outages Wednesday. “Some customers may have been unable to access some of our online and/or mobile banking applications,” Bank of America, the country’s second-largest bank, said in a statement to CBS News early Wednesday […]






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Andrew Forrest’s Fortescue Metals Group has flagged it will add the capacity for another 20 million tonnes a year of iron ore production when it develops its next Pilbara mine, just two years after it led a controversial campaign for Australia’s big iron ore producers to cap their […]






BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights






BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Ltd. (BHP.AU) said Wednesday it plans to step up activity in the U.S. oil-and-gas shale fields that activist shareholders are agitating for the resources company to offload. The move is expected to revive flagging onshore production volumes even as BHP continues to invest in conventional energy operations […]






NVIDIA Corporation (NASDAQ:NVDA) Rocket Rocket To Record Close

NVIDIA Corporation (NASDAQ:NVDA) Rocket Rocket To Record Close






NVIDIA Corporation (NASDAQ:NVDA) Rocket Rocket To Record Close Nvidia shares rocket to record close after analyst who missed the hot trade buys in Shares of Nvidia surged Wednesday to a record close thanks to an upgrade from SunTrust Robinson Humphrey The firm admits it’s late to upgrade Nvidia, one of the hottest stocks of the […]






Microsoft Corporation (NASDAQ:MSFT) Teams With Baidu

Microsoft Corporation (NASDAQ:MSFT) Teams With Baidu






Microsoft Corporation (NASDAQ:MSFT) Teams With Baidu Microsoft will provide cloud services to companies using Baidu’s self-driving platform outside China The project, named Apollo, has signed on 50 partners to build and improve the platform A McKinsey report predicted 15 percent of new cars sold in 2030 could be fully autonomous Microsoft Corporation is a technology […]






Morgan Stanley (NYSE:MS) HEFFX Highlights

Morgan Stanley (NYSE:MS) HEFFX Highlights






Morgan Stanley (NYSE:MS) HEFFX Highlights Morgan Stanley is on a mission to combine the best of machine learning, predictive analytics and workflow technology with the human touch provided by its 16,000 financial advisers. Despite the popularity of robo-advisers, clients still want a human being to help them navigate complex life questions, according to Naureen Hassan, […]






Ramsay Health Care Limited (ASX:RHC) HEFFX Highlights

Ramsay Health Care Limited (ASX:RHC) HEFFX Highlights






Ramsay Health Care Limited (ASX:RHC) HEFFX Highlights Based on the latest analyst predictions Ramsay Health Care Limited (ASX:RHC) is estimated to grow its earnings 16.6% over the next year. Are you considering investing? Then keep reading. In this article we will look at the latest data and analyse the future performance of this growth stock […]






Suncorp Group Ltd (ASX:SUN) HEFFX Highlights

Suncorp Group Ltd (ASX:SUN) HEFFX Highlights






Suncorp Group Ltd (ASX:SUN) HEFFX Highlights Shares of Suncorp Group Ltd (SUN.AX) are heading in a near-term positive direction as the most recent close of the company has stayed above the Balance Step. The Balance Step reading takes into account the last 5 balance points of the weekly period plotted in step formation on a […]






Alibaba Group Holding Ltd (NYSE:BABA) Loses No Sleep Over Amazon Competition

Alibaba Group Holding Ltd (NYSE:BABA) Loses No Sleep Over Amazon Competition






Alibaba Group Holding Ltd (NYSE:BABA) Loses No Sleep Over Amazon Competition Word of Amazon.com Inc. (AMZN) entering a new market usually sends shudders through the local retail and online shopping worlds, but Alibaba Group (BABA), the Chinese ecommerce giant, isn’t losing any sleep over its rival’s impending push into Southeast Asia. With expectations surging that […]






Bank of America Corp (NYSE:BAC) M. Lawence President of St. Louis Market

Bank of America Corp (NYSE:BAC) M. Lawence President of St. Louis Market






Bank of America Corp (NYSE:BAC) M. Lawence President of St. Louis Market Bank Of America Shareholders About To Be Diluted By Insider Warren Buffett Bank of America has named Michael Lawrence as president of the St. Louis market. Lawrence, 40, replaces Jackie Yoon, who left the bank earlier this year. Lawrence joined Bank of America […]






Lendlease Group (ASX:LLC) Leads New Melbourne Metro

Lendlease Group (ASX:LLC) Leads New Melbourne Metro






Lendlease Group (ASX:LLC) Leads New Melbourne Metro Lendlease to lead new Melbourne Metro The construction and finance giants chosen to build the now dumped East West Link will take the reigns of Melbourne’s new $11 billion rail tunnel, the state government has announced. Premier Daniel Andrews on Sunday said that a consortium led by Lendlease […]






Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain

Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain






Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain Two major Australian banks have successfully used blockchain, instead of paper, for bank guarantees on commercial property leasing. ANZ and Westpac teamed with IBM and shopping centre operator Scentre Group to digitise the guarantee process. The trial used distributed ledger technology to replace paper-based guarantee […]






Wesfarmers Ltd (ASX:WES) HEFFX Highlight

Wesfarmers Ltd (ASX:WES) HEFFX Highlight






Wesfarmers Ltd (ASX:WES) HEFFX Highlight Wesfarmers Limited (ASX:WES) generated a 2.4% ROE in the last year, compared to its industry’s 4.63% ROE. But the profitability ratio, often called ‘the mother of all ratios’, reflects a company’s performance both on its income statement and balance sheet. Assessing the factors affecting ROE goes a long way in […]






Fairfax Media Limited (ASX:FXJ) HEFFX Highlight

Fairfax Media Limited (ASX:FXJ) HEFFX Highlight






Fairfax Media Limited (ASX:FXJ) HEFFX Highlight The US private equity giant TPG Capital has ditched plans for a $2.76bn takeover of Fairfax Media, clearing the way for rival bidder Hellman & Friedman to make an offer. TPG on Sunday confirmed reports it had pulled out of the race to buy the owner of newspaper titles […]






Woolworths Limited (ASX:WOW) To Phase Out Single-Use Bags

Woolworths Limited (ASX:WOW) To Phase Out Single-Use Bags






Woolworths Limited (ASX:WOW) To Phase Out Single-Use Bags Single-use plastic bags will phased out from Woolworths and Coles stores across Australia. Woolworth Group announced on Friday morning that stores Australia-wide would phased out the use of plastic bags by July 2018. Coles followed up Woolworth’s announcement by pledging just hours later that it would also […]






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights If the Australian Rugby Union want to kill the Western Force, they are going to have to defeat the riches of mining magnate Andrew Forrest first. The Force’s bid for survival received a massive boost on Saturday when Forrest pledged to do everything within his powers to help […]






Twitter Inc (NYSE:TWTR) POTUS Good For Twitter

Twitter Inc (NYSE:TWTR) POTUS Good For Twitter






Twitter Inc (NYSE:TWTR) POTUS Good For Twitter Twitter Inc.’s executive chairman said the social-media platform shouldn’t ban President Donald Trump, pushing back against complaints from users who say some of his tweets amount to cyberbullying and violate the company’s terms of service. “It’s good to have him talk on Twitter,” Omid Kordestani said in an […]






Goodman Group (ASX:GMG) To Repurchase Goodman PLUS

Goodman Group (ASX:GMG) To Repurchase Goodman PLUS






Goodman Group (ASX:GMG) To Repurchase Goodman PLUS Goodman Group (ASX:GMG) says it intends to repurchase all Goodman PLUS ASX quoted hybrid securities by 2 October 2017. The company says it will issue an Issue Realisation Notice on or before 21 July 2017. The last trading day of Goodman PLUS on the ASX will be 21 […]






Adelaide Brighton Ltd. (ASX:ABC) HEFFX Highlights

Adelaide Brighton Ltd. (ASX:ABC) HEFFX Highlights






Adelaide Brighton Ltd. (ASX:ABC) HEFFX Highlights Needle moving action has been spotted in Adelaide Brighton Ltd (ABC.AX) as shares are moving today on volatility 0.91% or 0.05 from the open. The ASX listed company saw a recent bid of 5.57 and 973735 shares have traded hands in the session. Taking a deeper look into the […]






APA Group (ASX:APA) To Solve Gas Crisis

APA Group (ASX:APA) To Solve Gas Crisis






APA Group (ASX:APA) To Solve Gas Crisis Pipeline operator APA Group yesterday announced it would study the development of a pipeline from the coal-seam gas fields near Moranbah south to the Surat Basin near Gladstone, effectively connecting the northern fields — which are said to contain enough gas to meet eastern Australia’s needs for 20 […]






Westfield Corp Ltd (ASX:WFD) HEFFX Highlights

Westfield Corp Ltd (ASX:WFD) HEFFX Highlights






Westfield Corp Ltd (ASX:WFD) HEFFX Highlights The Westfield Corp Ltd (ASX: WFD) share price has plunged 17.4% in the past three months, from around $9.30 to trade at $7.68 currently. It’s not the only shopping centre A-REIT that has seen its share price sink. Vicinity Centres Re Ltd (ASX: VCX), Scentre Group (ASX: SCG) and […]






Total SA (ADR) (NYSE:TOT) To Sign Deal With China Petroleum

Total SA (ADR) (NYSE:TOT) To Sign Deal With China Petroleum






Total SA (ADR) (NYSE:TOT) To Sign Deal With China Petroleum Iran plans Monday to sign a formal contract with Total SA and China National Petroleum Corp. to develop its share of the world’s biggest natural-gas field – the first investment in the country by an international energy company since sanctions were eased last year. Total […]






Dean Foods Co (NYSE:DF) Credit Suisse Targets $14

Dean Foods Co (NYSE:DF) Credit Suisse Targets $14






Dean Foods Co (NYSE:DF) Credit Suisse Targets $14 Dean Foods Shares Down 3% Following Credit Suisse Lowered Price Target From $18 To $14, Maintained Sell Rating Dean Foods (DF -1.4%) trades lower after Credit Suisse drops its price target to $14. The investment weighs in on the impact of grocery stores adjusted their milk pricing. […]






JPMorgan Chase & Co. (NYSE:JPM) And Finicity Ink Data-Sharing Agreement

JPMorgan Chase & Co. (NYSE:JPM) And Finicity Ink Data-Sharing Agreement






JPMorgan Chase & Co. (NYSE:JPM) And Finicity Ink Data-Sharing Agreement For the quarter, JPMorgan Chase is expected to report earnings of $1.57 per share, up two cents from the same quarter last year, on revenue of $24.8 billion, according to third-party consensus analyst estimates. Revenues are expected to decline 1.5% compared to Q2 2016. Last […]






International Business Machines Corp. (NYSE:IBM) HEFFX Highlights

International Business Machines Corp. (NYSE:IBM) HEFFX Highlights






International Business Machines Corp. (NYSE:IBM) HEFFX Highlights International Business Machines Corp. (NYSE: IBM) has struggled for year to get out of what some analysts have called a value trap. However, Big Blue hasn’t made the headway it needs so far in 2017. As a result, one analyst is slashing its target for the computer giant […]






Globalstar, Inc. (NYSEMKT:GSAT) HEFFX Highlights

Globalstar, Inc. (NYSEMKT:GSAT) HEFFX Highlights






Globalstar, Inc. (NYSEMKT:GSAT) HEFFX Highlights Globalstar, Inc. (NASDAQ:GSAT) CEO James Monroe III acquired 17,837,838 shares of the business’s stock in a transaction dated Friday, June 30th. The stock was acquired at an average cost of $1.85 per share, for a total transaction of $33,000,000.30. The purchase was disclosed in a filing with the SEC, which […]






Morgan Stanley (NYSE:MS) HEFFX Highlights

Morgan Stanley (NYSE:MS) HEFFX Highlights






Morgan Stanley (NYSE:MS) HEFFX Highlights Morgan Stanley double-upgrades Kingfisher on expected strategy flop Voices.com, the largest global voice over online marketplace, today announced an $18 million growth investment from Morgan Stanley Expansion Capital, the growth-focused private investment platform within Morgan Stanley Investment Management. This represents the Company’s first institutional investment since its founding in 2005. […]






Macquarie Group Ltd (ASX:MQG) HEFFX Highlights

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights






Macquarie Group Ltd (ASX:MQG) HEFFX Highlights Macquarie Group, the world’s largest infrastructure manager, could be forced into a fire sale of ­assets as it comes under pressure from rising interest rates, big debts and stalled earnings, according to Citi. Despite booking a record $2.2 billion profit last year, Macquarie’s earnings have been coming under increasing […]






SEEK Limited (ASX:SEK) HEFFX Highlights

SEEK Limited (ASX:SEK) HEFFX Highlights






SEEK Limited (ASX:SEK) HEFFX Highlights SEEK Limited announced the successful refinancing of its syndicated loan facility and an increased limit of cA$910m (comprising A$550m and US$275m) from the previous limit of cA$880m. Increased and extended syndicated loan facility (“loan facility”) Multi-currency (AUD & USD) facility with tenors of two to four years Strong support from […]






BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights






BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Limited was upgraded to Outperform by Bernstein on the strength of the Australian company’s core mining business. BHP has traded lower than its peers in recent months, but shares are poised to return to their “intrinsic value,” analyst Paul Gaitsaid in a Wednesday note. “We now see a […]






Comcast Corporation (NASDAQ:CMCSA) HEFFX Highlights

Comcast Corporation (NASDAQ:CMCSA) HEFFX Highlights






Comcast Corporation (NASDAQ:CMCSA) HEFFX Highlights Shares in Comcast (CMCSA) and Charter Communications (CHTR) fell after a longtime cable TV industry analyst downgraded the sector to neutral from overweight. Craig Moffett, analyst at MoffettNathanson, also downgraded Comcast to neutral from buy and maintained a neutral rating on Charter, whose biggest shareholder is John Malone’s Liberty Broadband […]






Microsoft Corporation (NASDAQ:MSFT) HEFFX Highlights

Microsoft Corporation (NASDAQ:MSFT) HEFFX Highlights






Microsoft Corporation (NASDAQ:MSFT) HEFFX Highlights Microsoft to employ unused TV channels to offer rural broadband Microsoft is officially ending support for its aged mobile OS, Windows Phone 8.1, which means that users will no longer receive updates. It also marks the end of the road for Redmond’s initial foray into phones, and essentially paves the […]






Chesapeake Energy Corporation (NYSE:CHK) HEFFX Highlights

Chesapeake Energy Corporation (NYSE:CHK) HEFFX Highlights






Chesapeake Energy Corporation (NYSE:CHK) HEFFX Highlights Chesapeake Energy needs higher oil and gas prices to justify the current share price. GAAP results overstate cash profitability as annual capex required to maintain production volumes is much greater than annual DD&A expense. The company will struggle to maintain current production volumes while meeting its interest expense and […]






Bank of America Corp (NYSE:BAC) Q2 Earnings Preview

Bank of America Corp (NYSE:BAC) Q2 Earnings Preview






Bank of America Corp (NYSE:BAC) Q2 Earnings Preview When Bank of America (NYSE:BAC) reports second-quarter earnings next Tuesday, investors can expect its earnings to rise on both a sequential and year-over-year basis. That is, at least, the word from the analysts. The consensus estimate of analysts tracked by Yahoo! Finance is for Bank of America […]






General Electric Company (NYSE:GE) HEFFX Highlights

General Electric Company (NYSE:GE) HEFFX Highlights






General Electric Company (NYSE:GE) HEFFX Highlights GE shares to drop 20% as uncertainty about stock greatest in ‘decades,’ JPMorgan says JPMorgan analysts cut the 12-month price target to $22, representing a 20 percent drop from Wednesday close at $27.35. General Electric CEO Jeff Immelt announced last month that he would be stepping down at the […]






Bank of Queensland Limited (ASX:BOQ) HEFFX Highlights

Bank of Queensland Limited (ASX:BOQ) HEFFX Highlights






Bank of Queensland Limited (ASX:BOQ) HEFFX Highlights Bank of Queensland has jumped on a growing trend to raise rates across its range of interest-only loans, while also reducing rates for customers making principal and interest repayments. Effective from August 8, interest only loans from BOQ will increase by 0.40%, bringing the current standard variable rate […]






Wesfarmers Ltd (ASX:WES) Ellerston Capital Sells WES

Wesfarmers Ltd (ASX:WES) Ellerston Capital Sells WES






Wesfarmers Ltd (ASX:WES) Ellerston Capital Sells WES One of the nation’s top fund managers, the Ashok Jacob-led Ellerston Capital, revealed it had sold its entire stake in conglomerate Wesfarmers and forecasts ­another year of volatility for ­investors after again outperforming the market over the past 12 months. The Ellerston Australian Share Fund returned a gross […]






Origin Energy Ltd (ASX:ORG) Down 1.54%

Origin Energy Ltd (ASX:ORG) Down 1.54%






Origin Energy Ltd (ASX:ORG) Down 1.54% Origin offers a two-week payment extension but says it’s vital for those experiencing financial hardship to approach them sooner rather than later. “There’s a lot more options available to us early in the piece than if we start to have a conversation down the track,” Ryan Auger from Origin […]






Computershare Limited (ASX:CPU) Down 3.5%

Computershare Limited (ASX:CPU) Down 3.5%






Computershare Limited (ASX:CPU) Down 3.5% At the time of writing, the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has declined a whopping 80 points, or 1.4%, to 5,676 points. Leading the market down are the QBE Insurance Group Ltd (ASX: QBE) share price, down 8.2%, and Computershare Limited (ASX: CPU), down 3.5%. Computershare Limited is engaged […]






Woolworths Limited (ASX:WOW) System Outage

Woolworths Limited (ASX:WOW) System Outage






Woolworths Limited (ASX:WOW) System Outage WOOLWORTHS has apologised over a “major delivery system outage” left hungry customers fuming when online shopping orders were cancelled at the last minute. A spokesman for the company confirmed the online ordering system went down on Sunday and continued to experience difficulties up until this morning. This impacted orders scheduled […]






Amazon.com, Inc. (NASDAQ:AMZN) Brings 900 New Jobs in Boston

Amazon.com, Inc. (NASDAQ:AMZN) Brings 900 New Jobs in Boston






Amazon.com, Inc. (NASDAQ:AMZN) Brings 900 New Jobs in Boston In 2016, the total value of the U.S. apparel market — both online and offline — was $200 billion, with Amazon claiming about $3.4 billion of that, a new report from One Click Retail has found. While total U.S. apparel sales climbed 3 percent last year, […]






NVIDIA Corporation (NASDAQ:NVDA) HEFFX Highlights

NVIDIA Corporation (NASDAQ:NVDA) HEFFX Highlights






NVIDIA Corporation (NASDAQ:NVDA) HEFFX Highlights Intel seen losing to Nvidia amid ‘tectonic shift’ in technology Intel falls to 52-week low, Nvidia rises after analyst says world’s largest chip maker is getting beat to AI-focused computing Decades of work have paid off for Nvidia. The next computer revolution is here, and the company is set to […]






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group Limited share price falls 5% There is mounting speculation Australia’s third force in iron ore, Fortescue Metals Group, will hit the top end of its annual export guidance, and possibly exceed it, after a strong end to the year. But the price FMG receives for […]






Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights






Westpac Banking Corp (ASX:WBC) HEFFX Highlights Two major Australian banks have successfully used blockchain, instead of paper, for bank guarantees on commercial property leasing. ANZ and Westpac teamed with IBM and shopping centre operator Scentre Group to digitise the guarantee process. The trial used distributed ledger technology to replace paper-based guarantee documents, resulting in a […]






China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights

China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights






China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights Chinese telecommunications technology solutions provider ZTE has announced completing 5G New Radio (NR) field trials with China Unicom, attaining data rates of up to 2Gbps for single-user equipment. ZTE made use of its pre-commercial sub-6GHz 5G base station at the 3.5GHz frequency with 100MHz bandwidth alongside Massive […]






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights

Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights Tencent launched its WeChat Pay payments service in Europe on Monday. WeChat is a giant social media service with 938 million monthly active users. WeChat Pay has 600 million active users. WeChat will come up against Alipay, the payments service run by Alibaba affiliate Ant Financial, which launched […]






Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights






Woolworths Limited (ASX:WOW) HEFFX Highlights Woolworths supermarket says it will not stock Coke No Sugar Woolworths’ fast turnaround puts pressure back on Coles Pouring more than $1.5 billion in lower prices and a better in-store experience seems to have finally paid off for Woolworths. According to a new report from UBS, the turnaround of the […]






Micron Technology, Inc. (NASDAQ:MU) HEFFX Highlights

Micron Technology, Inc. (NASDAQ:MU) HEFFX Highlights






Micron Technology, Inc. (NASDAQ:MU) HEFFX Highlights Shares of Boise, Idaho-based semiconductor manufacturer Micron Technology Inc. (MU) stemmed a six-day decline Wednesday as investors reacted to bullish analyst notes on the chipmaker. MU rallied nearly 5% on Wednesday, following suit of industry peers such as Advanced Micro Devices Inc. (AMD) and Intel Corp. (INTC). Trading down […]






Bank of America Corp (NYSE:BAC) HEFFX Highlights

Bank of America Corp (NYSE:BAC) HEFFX Highlights






Bank of America Corp (NYSE:BAC) HEFFX Highlights Bank of America Merril Lynch released its equity and quant strategy analysts’ list of the most overowned stocks held by active managers. The list is a part of a new report on active manager holdings. According to BAML, the “overowned” list includes companies that meet the following criteria: […]






Amazon.com, Inc. (NASDAQ:AMZN) Prime Day, Wine, 1500 New Jobs

Amazon.com, Inc. (NASDAQ:AMZN) Prime Day, Wine, 1500 New Jobs






Amazon.com, Inc. (NASDAQ:AMZN) Prime Day, Wine, 1500 New Jobs The company recently announced that it helped develop this new wine brand produced by King Vintners, a subsidiary of Oregon’s King Estate Winery, and had started selling it on Amazon.com. In a press release, the new wine brand is described as “the first wine ever developed […]






NVIDIA Corporation (NASDAQ:NVDA) HEFFX Summary

NVIDIA Corporation (NASDAQ:NVDA) HEFFX Summary






NVIDIA Corporation (NASDAQ:NVDA) HEFFX Summary Baidu and Nvidia announced a far-reaching agreement to work together on artificial intelligence today, spanning applications in cloud computing, autonomous driving, education and research, and domestic uses via consumer devices. It may be the most comprehensive partnership yet for Nvidia in its bourgeoning artificial intelligence business, and it’s likely to […]






Fairfax Media Limited (ASX:FXJ) HEFFX Highlights

Fairfax Media Limited (ASX:FXJ) HEFFX Highlights






Fairfax Media Limited (ASX:FXJ) HEFFX Highlights Fairfax is planning to spin-off Domain into a separate entity, and enter the mortgage broking business TPG Capital has decided not to make a formal takeover offer after examining Fairfax’s books Hellman & Friedman have not yet ruled out making a formal offer Fairfax shares have been smashed after […]






Newcrest Mining Limited (ASX:NCM) HEFFX Highlights

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights






Newcrest Mining Limited (ASX:NCM) HEFFX Highlights The gold miner announced that it has increased its stake in the highly sought after Brisbane-based gold mining company SolGold plc. Newcrest has invested a further US$40 million in the London AIM-listed company and now holds 14.5% of the issued equity in SolGold. Late last year mining giant BHP […]






Woodside Petroleum Limited (ASX:WPL) HEFFX Highlights

Woodside Petroleum Limited (ASX:WPL) HEFFX Highlights






Woodside Petroleum Limited (ASX:WPL) HEFFX Highlights WOODSIDE Petroleum has flagged a possible delay in the development of a deepwater oilfield off the coast of west ­African nation Senegal. The oil and gas heavyweight says Far Limited, its partner in the promising SNE field, has refused to support a proposal for Woodside to eventually take over […]






Telstra Corporation Ltd (ASX:TLS) HEFFX Summary

Telstra Corporation Ltd (ASX:TLS) HEFFX Summary






Telstra Corporation Ltd (ASX:TLS) HEFFX Summary TPG’s proposed mobile network is only a “benign” threat to Telstra, but will introduce competitive pressures that may force the incumbent to increase spending to retain its core mobile customer base, a UBS analyst note has warned. This additional spending may see shareholders receiving less than anticipated of the […]






Boral Limited (ASX:BLD) HEFFX Highlights

Boral Limited (ASX:BLD) HEFFX Highlights






Boral Limited (ASX:BLD) HEFFX Highlights Boral has escalated its fight with the Construction, Forestry, Mining and Energy Union (CFMEU) and is threatening to sack 110 workers at its De Martin & Gasparini (DMG) concrete subsidiary in NSW unless they sign an agreement compliant with the new building code. The issue was highlighted in a report […]






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights

Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights Jack Ma, the man who turned Alibaba into China’s dominant e-commerce platform, now has his sights set on global domination. Over the past year, Ma has spent more than 800 hours flying to dozens of countries, meeting business leaders and head of states to introduce his grand vision: […]






Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights






Facebook Inc (NASDAQ:FB) HEFFX Highlights German lawmakers have passed a controversial law under which Facebook, Twitter, and other social media companies could face fines of up to €50 million ($57 million) for failing to remove hate speech. The Network Enforcement Act, commonly referred to as the “Facebook law,” was passed by the Bundestag, Germany’s parliamentary […]






Bank of America Corp (NYSE:BAC) HEFFX Highlights

Bank of America Corp (NYSE:BAC) HEFFX Highlights






Bank of America Corp (NYSE:BAC) HEFFX Highlights Warren Buffett’s Berkshire Hathaway will exercise warrants in Bank of America allowing it to acquire 700 million common shares at an exercise price of $7.14 each, or about $5 billion. At Thursday’s closing price, that stake is worth more than $17 billion. Berkshire will also become the bank’s […]






BHP Billiton Limited (ASX:BHP) 20/20 Hindsight

BHP Billiton Limited (ASX:BHP) 20/20 Hindsight






BHP Billiton Limited (ASX:BHP) 20/20 Hindsight HP Billiton has released a $250m (£193m) payment that will go towards rehabilitation work in Brazil, where efforts continue to clean up a deadly tailings dam collapse. The world’s largest miner by revenue will put $174m towards the Renova Foundation to aid clean-up work for the rest of this […]






Woolworths Limited (ASX:WOW) HEFFX Weekly Review

Woolworths Limited (ASX:WOW) HEFFX Weekly Review






Woolworths Limited (ASX:WOW) HEFFX Weekly Review WOOLWORTHS denies it is trialling Uber-style surge pricing despite electronic tickets popping up in at least one of its stores. A former Woolies employee has revealed the supermarket giant has trialled electronic pricing which is currently being used in the UK and allows retailers to hike up costs during […]






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Truck drivers will soon be all but a thing of the past at Fortescue Metals’ Pilbara iron ore operations, with the Andrew Forrest-led company unveiling plans to become the first miner to fully automate the majority of its haul-truck fleet. Fortescue, which operates 56 self-driving trucks at its […]






Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights






Wesfarmers Ltd (ASX:WES) HEFFX Highlights Socks and jocks maker Pacific Brands sold a shipment of leaking rain jackets to the New Zealand Defence Force and then left Wesfarmers to cover the $2.5 million cost of replacing them. That’s according to a statement of claim Wesfarmers has filed in the NSW Federal Court, in an attempt […]






Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights






Westpac Banking Corp (ASX:WBC) HEFFX Highlights WESTPAC chief Brian Hartzer says “nothing is off the table” as the bank figures out how to recoup South Australia’s $370 million bank tax. His comments came as ANZ chief Shayne Elliott ­revealed his bank had already offloaded tens of millions of SA government bonds in ­reaction to the […]






Whitehaven Coal Ltd (ASX:WHC) HEFFX Highlights

Whitehaven Coal Ltd (ASX:WHC) HEFFX Highlights






Whitehaven Coal Ltd (ASX:WHC) HEFFX Highlights The Whitehaven Coal Ltd (ASX: WHC) share price has come under heavy selling pressure today. In afternoon trade the coal producer’s shares are down 6% to $2.74. Whitehaven Coal’s Maules Creek Coal Mine employs 80 Aboriginal staff as part of its Indigenous equal opportunity employment program. These employees are […]






Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights






Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights Telstra is being urged to find a buyer for its long-term NBN revenue stream to reduce debt and carry out a major share buyback to reward its investors. JPMorgan and Macquarie are understood to be working with the telco on the future options of its long-term NBN contract. The […]






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights






Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights The Fortescue Metals Group Limited (ASX: FMG) share price fell 4.6% to $4.52 today at around a six-month low as the iron ore price continues to drift lower. According to the Metal Bulletin iron ore currently sells for around US$56.40 a tonne which is around one quarter lower […]






General Electric Company (NYSE:GE) HEFFX Highlights

General Electric Company (NYSE:GE) HEFFX Highlights






General Electric Company (NYSE:GE) HEFFX Highlights General Electric on Monday announced that Chairman and CEO Jeff Immelt will be stepping down, a management shake-up that many people saw coming. John Flannery, current president and CEO of GE Healthcare, has been named CEO. Immelt will remain chairman of the board through his retirement from the company […]






Microsoft Corporation (NASDAQ:MSFT) HEFFX This Weeks Highlights

Microsoft Corporation (NASDAQ:MSFT) HEFFX This Weeks Highlights






Microsoft Corporation (NASDAQ:MSFT) HEFFX This Weeks Highlights Microsoft is using Cortana’s speech recognition smarts to bring dictation to the company’s Office suite. The new app is simply named Dictate, and it’s the latest project to come from Microsoft Garage, which is the company’s experimental software outfit. Dictate is more of an add-on than app since […]






China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights

China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights






China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights China Unicom Hong Kong Ltd May aggregate number of mobile billing subscribers 268.357 million In May ‍fixed-line business aggregate number of fixed-line broadband subscribers 76.905 million​ May net addition of mobile billing subscribers 1.053 million Source text for Eikon elcos are the last group of beneficiaries, but […]






Tencent Holdings Ltd (HKG:0700) HEFFX Highlights

Tencent Holdings Ltd (HKG:0700) HEFFX Highlights






Tencent Holdings Ltd (HKG:0700) HEFFX Highlights Tencent Holdings Ltd announced plans on Monday to pour money and resources worth two billion yuan ($294 million) into promoting original content for its live streaming platform, as the internet conglomerate steps up its efforts to connect social networking with live streaming to attract users. Now Live, the live […]






Wesfarmers Ltd (ASX:WES) HEFFX Trading Outlook

Wesfarmers Ltd (ASX:WES) HEFFX Trading Outlook






Wesfarmers Ltd (ASX:WES) HEFFX Trading Outlook Amazons Whole Foods deal shakes Woolworths, Wesfarmers, and Metcash Wesfarmers Limited is engaged in various business operations, such as supermarkets, liquor, hotels and convenience stores; home improvement; office supplies, and an industrials division with businesses in chemicals, energy and fertilizers, industrial and safety products and coal. The Company’s segments […]






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX This Weeks Summary

Alibaba Group Holding Ltd (NYSE:BABA) HEFFX This Weeks Summary






Alibaba Group Holding Ltd (NYSE:BABA) HEFFX This Weeks Summary Alibaba Group’s entertainment arm Alibaba Pictures Group Limited has acquired a majority stake in Chennai-based online ticketing platform TicketNew. The acquisition is expected to strengthen TicketNew’s operations and expand its services across India. It is Alibaba Pictures’s first acquisition outside China in internet ticketing industry. On […]






Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights






Woolworths Limited (ASX:WOW) HEFFX Highlights WOOLWORTHS has launched a new bid for China’s insatiable demand for Australian groceries, inking a deal to ship its homebrand products to feed the nation’s growing middle class. And Chinese shoppers are willing to pay big bucks for the normally-cheap products, which are marked up by as much as 1000 […]






Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights






Westpac Banking Corp (ASX:WBC) HEFFX Highlights Just a day after resolving a major outage to its online and mobile banking services, Westpac Bank has suffered from another systems failure, this time affecting EFTPOS, ATMs and card transactions. Westpac customers have blasted the bank after being locked out of their accounts for almost three days, leaving […]






Twitter Inc (NYSE:TWTR) Suspends Venezuelan Government Accounts

Twitter Inc (NYSE:TWTR) Suspends Venezuelan Government Accounts






Twitter Inc (NYSE:TWTR) Suspends Venezuelan Government Accounts Venezuela has been accused of censoring Twitter as part of its bid to silence dissent, but it’s not so happy now that the shoe is on the other foot. The country’s leadership says that Twitter has suspended 180 accounts linked to the government, including radio and TV outlets […]






Bank of America Corp (NYSE:BAC) HEFFX Highlights

Bank of America Corp (NYSE:BAC) HEFFX Highlights






Bank of America Corp (NYSE:BAC) HEFFX Highlights Bank of America, is laying off a number of technology workers in Charlotte. Bank of America has begun laying off employees in its operations and technology division. The layoffs were part of the second-largest U.S. bank’s plan to cut costs. The cuts come as Bank of America is […]






Canon Inc (TYO:7751) HEFFX Summary

Canon Inc (TYO:7751) HEFFX Summary






Canon Inc (TYO:7751) HEFFX Summary Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the Canon EOS C200 and Canon EOS C200B Digital Cinema Cameras, the latest additions to its acclaimed Cinema EOS line of professional cinema cameras. Designed to meet the demanding needs of filmmakers and TV production users, the new Canon […]






Sony Corp (TYO:6758) HEFFX Highlights

Sony Corp (TYO:6758) HEFFX Highlights






Sony Corp (TYO:6758) HEFFX Highlights Sony President and CEO Kazuo Hirai offered an upbeat assessment of the company at a shareholders’ meeting Thursday, predicting a consolidated operating profit of up to 500 billion yen ($4.54 billion) for the fiscal year ending in March 2018, the highest such figure in two decades. Fueling the expected gain […]






Microsoft Corporation (NASDAQ:MSFT) Releases Security Updates To Fight WannaCry

Microsoft Corporation (NASDAQ:MSFT) Releases Security Updates To Fight WannaCry






Microsoft Corporation (NASDAQ:MSFT) Releases Security Updates To Fight WannaCry Microsoft has released new security updates for older versions of Windows as it warns of potential cyber-attacks by government organisations. The patches include updates to Windows XP, the operating system that was targeted by the WannaCry ransomware attack in May that attacked parts of the NHS […]






Chesapeake Energy Corporation (NYSE:CHK) HEFFX Highlights

Chesapeake Energy Corporation (NYSE:CHK) HEFFX Highlights






Chesapeake Energy Corporation (NYSE:CHK) HEFFX Highlights Chesapeake Energy gained 4.3% to $5.28 today, while the S&P 500 rose 0.5% to 2,440.35. The Energy Select Sector SPDR ETF (XLE) rose 0.7% to $67.39. Chesapeake Energy’s market capitalization rose to $4.7 billion today from $4.6 billion yesterday. It reported a net loss of $4.4 billion on sales […]






Verizon Communications Inc. (NYSE:VZ) Buys Yahoo And Opens Co-Working Space In Cambridge

Verizon Communications Inc. (NYSE:VZ) Buys Yahoo And Opens Co-Working Space In Cambridge






Verizon Communications Inc. (NYSE:VZ) Buys Yahoo And Opens Co-Working Space In Cambridge Verizon closed its $4.48 billion purchase of Yahoo’s core business Tuesday, finalizing a deal mired by two massive hacks affecting more than 1 billion Yahoo accounts and marking the latest play by telecoms to challenge Silicon Valley’s dominance in online advertising. Yahoo, which […]






AT&T Inc. (NYSE:T) HEFFX Highlights

AT&T Inc. (NYSE:T) HEFFX Highlights






AT&T Inc. (NYSE:T) HEFFX Highlights AT&T to hold hiring event in Birmingham AT&T donates to Carlisle Police Officers Association AT&T to build US’s FirstNet in 25-year government deal FirstNet’s Sue Swenson expresses confidence in AT&T’s ability to make network vision a reality AT&T Inc. is a holding company. The Company is a provider of communications […]