Business

Foxconn, Apple's iPhone maker, eyes six US states

Foxconn, Apple's iPhone maker, eyes six US states

Foxconn is considering building a USA display-making facility for upwards of $ 7 billion , a major investment that may create tens of thousands of American jobs during Trump's first year in office. The company raised its profile with its purchase in March 2016 of struggling Japanese electronics brand Sharp for $3.5 billion. "We will continue our efforts", Sharp Corp CEO Tai Jeng-wu told reporters on the sidelines of Foxconn's annual shareholders meeting.


Thousands attend funeral of slain Muslim teen in Virginia

Thousands attend funeral of slain Muslim teen in Virginia

Witnesses say Torres soon caught up with them in a nearby parking lot and got out of his auto armed with a baseball bat. "We want every possible motive there is to be brought on the table, even if there is [only a] 0.5 percent chance that it's a hate crime - we want it on the table", Fariad said.



Cenovus Energy (NYSE:CVE) Loses "Neutral" Rating

A negative earnings surprise will usually result in a decline in share price. The Company's assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. The firm has "Neutral" rating by UBS given on Tuesday, January 26. As per Friday, May 26, the company rating was reinitiated by Credit Suisse. The rating was maintained by RBC Capital Markets on Thursday, April 28 with "Outperform".



Accenture PLC (ACN) Shares Sold by Comerica Bank

Santander Consumer Usa Hdg I now has $4.35B valuation. The stock rose 0.22% or $0.28 reaching $126.81. It has underperformed by 15.16% the S&P500. Since December 22, 2016, it had 0 insider buys, and 7 sales for $43.96 million activity. The investment managers in our partner's database reported: 466.12 million shares, up from 426.72 million shares in 2016Q3. State Street owns 24.69M shares or 0.27% of their USA portfolio.



AMD launches Epyc server family of CPUs

Hood River Capital Management LLC now owns 4,722,900 shares of the semiconductor manufacturer's stock valued at $32,635,000 after buying an additional 3,184,930 shares in the last quarter. A 10 analysts rate it as either a buy or a strong buy, while4 believe that investors should either steer clear of Advanced Micro Devices, Inc . If you are accessing this story on another publication, it was copied illegally and reposted in violation of global copyright laws.


Gold, silver futures settle lower as Fed comments

Gold, silver futures settle lower as Fed comments

Oil prices rose on Thursday but worries over whether OPEC-led output cuts would be able to rein in a three-year glut continued to keep prices around 10-month lows. Futures traders are pricing in less than a 15% chance of a hike at the Fed's September meeting, according to Investing.com's Fed Rate Monitor Tool.