Business

Wall St opens at record highs on strong earnings

Wall St opens at record highs on strong earnings

At 9:36am ET (1336 GMT), the Dow Jones Industrial Average was up 95.55 points, or 0.44%, at 21 708.98 and the S&P 500 was up 2.24 points, or 0.09%, at 2 479.37. The S&P 500 is already up almost 11 percent for the year on the expectation that corporate profits will continue to rise, and the stronger profits help to validate the big gains.


SpaceX now valued at $21 billion

SpaceX now valued at $21 billion

SpaceX is among an exclusive group of private US -based companies that have multi-billion dollar valuations. In 2015, the capitalization of private companies was estimated at $ 11 billion. The company has ambitious projects in the early stages of development, including a proposed broadband constellation that will require the launch of thousands of satellites, as well as plans to develop vehicles to send people to Mars, but both will need far larger sums of money to implement.


UNIMAID receives 48 corpses after Boko Haram attack on oil workers

UNIMAID receives 48 corpses after Boko Haram attack on oil workers

The confirmation comes two days after Boko Haram fighters ambushed the workers in the Gubio area, reportedly killing several of them, including at least nine soldiers who the army says were on a rescue mission. "This evening (Thursday), you can find six new bodies, including that of a soldier, and it might be that there can be a lot more because the rescue teams searched everywhere nearby", he added.


Caterpillar Inc. (CAT) — Traders Focused Stock

Caterpillar Inc. (CAT) — Traders Focused Stock

Float is the number of shares available for trading of a particular stock . The firm owned 10,010 shares of the industrial products company's stock after selling 300 shares during the period. Baird on Thursday, July 30. The firm has "Outperform" rating by FBR Capital given on Tuesday, January 3. (NYSE: CAT ) earned "Market Perform" rating by William Blair on Friday, September 25.



Yuexiu Real Estate Investment Trust (0405.HK) Triple EMA Running Higher Near-Term

Independence Advisors LLC bought a new position in shares of Pennsylvania Real Estate Investment Trust during the second quarter worth about $1,390,000. Monmouth Real Estate Investment Corporation's dividend payout ratio (DPR) is now 200.01%. COPYRIGHT VIOLATION NOTICE: This story was originally reported by Transcript Daily and is the sole property of of Transcript Daily.