Business


Exxon Mobil Corporation (XOM) Shares Bought by Personal Capital Advisors Corp

The stock declined 0.28% or $0.23 reaching $82.39 on the news. About 4.59M shares traded. It has underperformed by 25.78% the S&P500. ( XOM ) stake by 30.44% reported in 2017Q2 SEC filing. Peregrine Asset Advisers Inc, which manages about $266.46M and $156.68M US Long portfolio, upped its stake in Johnson&Johnson (NYSE:JNJ) by 35,255 shares to 39,080 shares, valued at $5.17 million in 2017Q2, according to the filing.



Shares of TV providers drop as AT&T warns of video losses

AT&T stock is down 4 per cent to $36.62 in afternoon trading. AT&T, which is getting set to report third-quarter earnings on October 24, warned Wall Street its results took a significant hit from hurricanes and the quake in Mexico . The telecommunications giant also said that the severe weather and geological events would have an affect on its fourth-quarter results, but didn't disclose specific financial impacts.



Crude Stockpiles Drop, Oil Prices Fall

US light crude was down 67 cents to $50.63 a barrel. For 2018, oil demand is expected to rise by 420,000 bpd vs 400,000 bpd previously. Crude inventories fell by 2.7 million barrels in the week to October 6, compared with analysts' expectations for a decrease of 2 million barrels.



What to Look For in Bank of America Earnings

The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 61.55 for Bank of America Corporation (NYSE:BAC). More notable recent Bank of America Corp (NYSE:BAC) news were published by: Money.Cnn.com which released: "New No. 1: JPMorgan tops Bank of America for deposits" on October 09, 2017, also Investorplace.com with their article: " Bank of America Corp (BAC) Stock: Be Patient, Expect Near-Term Pressures" ...



Pictet Asset Management Ltd. Decreases Holdings in Wal-Mart Stores, Inc. (WMT)

Teachers Retirement System Of The State Of Kentucky decreased Red Robin Gourmet Burgers (NASDAQ:RRGB) stake by 9,100 shares to 5,200 valued at $339,000 in 2017Q2. Moreover, Advisor Prtn has 0.56% invested in Wal-Mart Stores Inc (NYSE: WMT ). Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in Wal-Mart Stores by 6,777.8% in the fourth quarter.