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US Inflation Hits Federal Reserve's 2% Target in March

US Inflation Hits Federal Reserve's 2% Target in March

Purchases rose 0.4 percent from the prior month, the Commerce Department figures showed - but consumer spending grew at a 1.1 percent annualized rate between January and March, which was the slowest in almost five years. Fed policymakers have said they expect year-over-year PCE increases to reach 2 percent. The Commerce Department's report on Monday also showed consumer spending increased 0.4 per cent in March after being unchanged in February.


Clear Harbor Asset Management LLC Holds Stake in Apple INC (AAPL)

Clear Harbor Asset Management LLC Holds Stake in Apple INC (AAPL)

About 27.75M shares traded. (NASDAQ: AAPL ). Arete Wealth Advsrs Ltd Liability Company stated it has 1.99% in Apple Inc . The stock outperformed the S&P 500 by 7.94%. Nomura downgraded Apple Inc . Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirty-two have given a buy rating and one has assigned a strong buy rating to the company's stock.


Karnataka poll: Andhra CM Chandrababu Naidu calls out for defeating BJP

Karnataka poll: Andhra CM Chandrababu Naidu calls out for defeating BJP

CM Naidu demanded to know if it was wrong to ask Narendra Modi to fulfill his promises. Andhra Pradesh BJP MLCs Somu Veerraju and PVN Madhav had on Sunday accused Naidu of "mudslinging" and "spreading lies", claiming that Modi had never promised special category status to the state, The Hindu reported.


As of April, 30 McDonald's Corporation (MCD) EPS Estimated At $1.67

As of April, 30 McDonald's Corporation (MCD) EPS Estimated At $1.67

Decatur Capital Management Inc sold 9,139 shares as the company's stock declined 8.13% with the market. Capital Research Global Investors now owns 12,058,661 shares of the fast-food giant's stock worth $1,846,905,000 after purchasing an additional 1,572,074 shares in the last quarter.



Apple Will Produce Only 8 Million iPhone X Units In Q2

The new Q2 production data point comes on the heels of Samsung's quarterly earnings, in which the company reported soft demand for its OLED displays. However, even Apple itself is not immune to the changes caused by the iPhone X . It is also believed that the Apple iPhone could be coming with LCD displays instead of OLED. The iPhone X had a bright, edge-to-edge display and 3-D facial recognition, but the $999 starting price was too much for some consumers.


Jones Day Leads Marathon In $23.3B Andeavor Buy

Jones Day Leads Marathon In $23.3B Andeavor Buy

The stock was sold at an average price of $69.77, for a total value of $1,395,400.00. On Friday, December 15 Cowen & Co maintained Marathon Petroleum Corporation (NYSE: MPC ) rating. It also reduced Vanguard Index Fds (VOO) stake by 88,789 shares and now owns 7,380 shares. 38,128 were accumulated by Pacific. Rhumbline Advisers accumulated 0.05% or 1.50 million shares.