Cramer: Put the cloud kings on your shopping list for the September slump

September 4, 2018@5:34 PM TFP Editor 0

Most professional money managers dread the month of October when it comes to investing, but not Jim Cramer. “Me? I can’t wait until we get to October, that’s how much I dislike September,” the host of CNBC’s “Mad Money” said Tuesday. Some of Cramer’s distaste has to do with timing. September tends to bring droves of market-wide selling, driven in part by mutual funds that tend to ring the register before the end of their fiscal year in October. But part of the selling is [Read More]

Europe Drones (UAVs) and Robotics in Utility Grid Infrastructure Market Outlook 2017-2026 – ResearchAndMarkets.com

September 4, 2018@5:27 PM TFP Editor 0

DUBLIN–(BUSINESS WIRE)–The “Drones (UAVs) and Robotics in Utility Grid Infrastructure Europe Market Outlook – 2017-2026” report has been added to ResearchAndMarkets.com’s offering. Drones and Robotics in Utility Grid Infrastructure Europe Market Outlook 2017 – 2026 is essential reading for you or anyone in with an interest in the rising application and role of drones (UAVs) and robotics in utility grid inspection, explaining how this market will develop in Europe over the next ten years. Purchasing this report will aid your company’s ability to recognize important [Read More]

Cramer: Amazon’s $1 trillion landmark is about more than just the company

September 4, 2018@5:12 PM TFP Editor 0

After Amazon’s market cap reached $1 trillion on Tuesday, making it the second public U.S. company to hit the milestone valuation after Apple, CNBC’s Jim Cramer floated a theory for what brought the e-commerce giant to new heights. “Here’s a perfect example of what happens when Wall Street views a company not as an earnings-per-share situation — where Facebook finds itself — but as what’s known as a total addressable market, or TAM, play,” the “Mad Money” host said. Calling Facebook’s recent stock punishment a [Read More]

Kinder Morgan to Apply Trans Mountain Proceeds to Debt Reduction

September 4, 2018@4:42 PM TFP Editor 0

HOUSTON–(BUSINESS WIRE)–Kinder Morgan, Inc., (NYSE: KMI) today announced its intention to vote in favor of the Kinder Morgan Canada Limited (TSX: KML) board’s proposals that will facilitate the distribution of approximately $2.0 billion of Trans Mountain net sale proceeds as a return of capital to KMI; and reiterated its intention to use the proceeds to pay down debt. As a result, KMI currently expects to end the year at a Net Debt-to-Adjusted EBITDA ratio of approximately 4.6 times, and expects to have reduced its consolidated [Read More]

Jordan Belliveau Case: Missing Florida 2-Year-Old Found Dead in Wooded Area, Authorities Say

September 4, 2018@4:21 PM TFP Editor 0

Jordan Belliveau’s 21-year-old mother reported the 2-year-old boy missing early Sunday. More The search for a Florida 2-year-old ended when the boy’s body was found in a wooded area Tuesday, authorities said. “THE AMBER Alert for Jordan Belliveau has been canceled. Sadly, the child has been found deceased,” the Florida Department of Law Enforcement (FDLE) said in a tweet. UPDATE: THE AMBER Alert for Jordan Belliveau has been canceled. Sadly, the child has been found deceased. — FDLE (@fdlepio) September 4, 2018 Jordan Belliveau’s 21-year-old mother [Read More]

UN anti-graft investigator barred from re-entering Guatemala

September 4, 2018@4:16 PM TFP Editor 0

GUATEMALA CITY –  The head of a U.N.-backed commission probing corruption in Guatemala was barred from re-entering the country Tuesday, further defanging the investigative body days after President Jimmy Morales announced he would not renew its mandate. In a statement, the government said Morales had communicated the decision to the U.N. secretary-general and asked for him to name a replacement for Ivan Velasquez, who along with Guatemalan prosecutors has pressed a number of high-profile graft investigations including against Morales himself. The statement called Velasquez “a [Read More]

AIG Releases 2017 Corporate Citizenship Report

September 4, 2018@3:42 PM TFP Editor 0

NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE:AIG) announced today the release of its 2017 Corporate Citizenship Report, which showcases how the company is connecting with the world through socially responsible business practices and values. “As an insurance company, our work makes a difference in the lives of our clients every day. Through this, along with our commitment to being a good corporate citizen, we aim to step up and do the right thing whenever and wherever we can for those in need,” said Brian Duperreault, [Read More]

As Amazon cracks $1 trillion, chart watcher warns the stock is trading at extremes

September 4, 2018@3:38 PM TFP Editor 0

Amazon made history on Tuesday, becoming the second U.S.-listed public company to enter the $1 trillion market-cap club (Apple was first, last month). The stock surged to an all-time high, bringing its already mammoth 2018 rise to 75 percent. While shareholders have been handsomely rewarded, Amazon’s meteoric gains have one market strategist warning against chasing the stock at this juncture. Matt Maley, equity strategist at Miller Tabak, wrote in a note to clients early on Tuesday — just before Amazon hit the $1 trillion milestone [Read More]