Economy / 53

BC to raise minimum wage by 50 cents an hour

August 16, 2017

That's what the B.C. government intends to do, fulfilling a promise made in the NDP election platform to raise the wage to $15 by 2021. Labour Minister Harry Bains said details around a fair wages commission's composition and terms of reference will be announced in the coming weeks.

Wells Fargo & Company (WFC) Shares Sold by Bridge Creek Capital Management LLC

August 16, 2017

The stock's short float is around of 0.61% and short ratio is 1.67. About 466,560 shares traded. JD.Com Inc (ADR) (NASDAQ:JD) has risen 77.67% since August 15, 2016 and is uptrending. On Wednesday, April 12 the stock rating was downgraded by Rafferty to "Sell". Wells Fargo & (NYSE:WFC) last posted its earnings results on Friday, July 14th.

Quantbot Technologies LP Decreases Stake in Costco Wholesale Corporation (COST)

August 16, 2017

Cvs Health Corp now has $80.51 billion valuation. Credit Agricole S A reported 0.14% of its portfolio in Costco Wholesale Corporation (NASDAQ: COST ). Royal Bancorp Of Canada holds 0% in Wellesley Bancorp Inc (NASDAQ:WEBK) or 400 shares. Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock.

BHP Billiton plc (BLT) PT Set at GBX 1400 by S&P Global

August 16, 2017

Montgomery Investment Management Inc. now owns 33,531 shares of the mining company's stock valued at $1,045,000 after buying an additional 800 shares in the last quarter. 4 analysts on average are expecting the company to report revenue of $39.15 Billion for the current quarter. BHP Billiton plc has a consensus outperform rating from 4 Wall Street analysts, and the number of shares now sold short amount to at least 0.04% of shares outstanding.

Southwestern Energy Company (SWN) Shares Bought by OLD National Bancorp IN

August 16, 2017

Currently Southwestern Energy Company (SWN ) stock is moving with downswing trend. The stock rose 1.06% or $0.06 reaching $5.24 per share. About 6.94 million shares traded. Baldwin Brothers Ma, Massachusetts-based fund reported 100 shares. Financial Architects Incorporated holds 3,327 shares. Victory Inc stated it has 0% of its portfolio in CRA International, Inc.

Has $11.18 Million Position in McDonald's Corporation (MCD)

August 16, 2017

RBC Capital Markets has "Outperform" rating and $125 target. The firm has "Buy" rating given on Thursday, October 8 by Suntrust Robinson. Zacks has "Hold" rating and $50 target. Bank & Trust Of Montreal Can invested in 51,852 shares. Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.03, from 0.85 in 2016Q3. It improved, as 52 investors sold MCD shares while 574 reduced holdings.

UK July Consumer Prices Decline 0.1%, Inflation Rate Unchanged At 2

August 16, 2017

On the other side, however, a quarterly dip to -0.1% has also been projected. Data due on Wednesday is likely to show average pay rises of around 2 percent are failing to keep up with the cost of living. New York Fed President William Dudley took a more hawkish tone on Monday, expressing confidence in the health of the United States economy and indicating that he could vote in favour of a third interest rate hike coming before the end of the year.

CVR Energy (NYSE:CVI) Earns Daily Media Impact Rating of 0.19

August 16, 2017

It was reported on Aug, 14 by Barchart.com. If the $3.56 price target is reached, the company will be worth $1.17 million less. Janney Montgomery Scott Llc increased Consolidated Edison Inc (ED) stake by 10.31% reported in 2016Q4 SEC filing.

Bristol-Myers Squibb's (BMY) Underperform Rating Reaffirmed at BMO Capital Markets

August 16, 2017

Veritable Lp increased Bristol Myers Squibb Co ( BMY ) stake by 2481.64% reported in 2016Q4 SEC filing. Shares of Bristol-Myers Squibb ( BMY ) traded up 0.43% during mid-day trading on Thursday, reaching $57.87. (NYSE:VTR) on Tuesday, February 16 to "Hold" rating. Deutsche Bank maintained the stock with "Hold" rating in Monday, July 17 report. Atlantic Securities initiated it with "Underweight" rating and $57 target in Friday, December 18 report.

Corning Incorporated to Issue Quarterly Dividend of $0.16 (GLW)

August 16, 2017

It has underperformed by 10.47% the S&P500. The company reported the earnings of $0.42/Share in the last quarter where the estimated EPS by analysts was $0.4/share. crowd sourced stock rating company Vetr boosted Corning from a "buy" recommendation to a "strong-buy" recommendation and fixed a $33.69 target price for The corporation in a study note on early Tue, Jul 4th.

VanEck Vectors Australian Resources ETF (MVR.AX): A Look Behind The Numbers

August 16, 2017

Losing trade signals occur when crossovers occur in rapid succession due to choppy price action. If the RSI is closer to 100, this may indicate a period of stronger momentum. Traders may use the indicator to determine if a stock is trending or to spot overbought/oversold conditions. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.

British American Tobacco plc (BTI) Shares Sold by National Planning Corp

August 16, 2017

British American Tobacco PLC ( NYSEMKT BTI ) opened at 62.81 on Friday. Raymond James Financial Services Advisors, Inc. owns 31,432 shares worth $2,154,000. They issued an "overweight" rating and a $59.00 price target for the company. BidaskClub downgraded Reynolds American from a "strong-buy" rating to a " buy" rating in a report on Saturday, June 10th.

WealthTrust Axiom LLC Reduces Stake in Kinder Morgan, Inc. (KMI)

August 16, 2017

Equities research analysts expect that Kinder Morgan will post $0.64 earnings per share for the current fiscal year. Therefore 62% are positive. Apache Corporation had 70 analyst reports since July 21, 2015 according to SRatingsIntel. Moreover, Kennedy Cap has 0.06% invested in Sabre Corp (NASDAQ:SABR) for 141,090 shares. Howe & Rusling accumulated 0.08% or 5,582 shares. 331.56 million shares or 0.06% less from 331.75 million shares in 2016Q3 were reported.

Berkeley hot dog restaurant fires employee after attending Virginia rally

August 16, 2017

Police kept their eye on Top Dog's three locations overnight and officers will be making extra patrols Monday when they can, Frankel said. "Individual freedom and voluntary exchange are core to the philosophy of Top Dog ", the company said.

The Hovnanian Enterprises Inc (NYSE:HOV) Stock Rating Lowered by BidaskClub

August 16, 2017

Nxp Semiconductors N V now has $38.81 billion valuation. The stock showed plunged performance of -2.62% in last week and it plunged about -4.70% in last quarter. Analyst Thoughts About Hovnanian Enterprises , Inc. According to these analysts, the Low Revenue Estimate for Hovnanian Enterprises Inc.is 579.25 Million and the High Revenue Estimate is 588.44 Million.

Halliburton Company (NYSE:HAL) PT Set at $52.00 by Scotiabank

August 16, 2017

Glg Partners Lp sold 65,711 shares as Halliburton Co ( HAL)'s stock declined 11.04%. The Bamco Inc holds 75,496 shares with $4.08 million value, down from 81,396 last quarter. The stock increased 0.35% or $1.47 on August 11, reaching $424.16. Commonwealth Equity Ser stated it has 0.06% in BlackRock, Inc. Archford Capital Strategies Limited Liability has 0.02% invested in Halliburton Company (NYSE:HAL).

Netflix, Inc. (NFLX) Shares Up 1% Following Analyst Upgrade

August 16, 2017

Seatown Holdings Pte. Ltd.'s holdings in Netflix were worth $21,836,000 as of its most recent SEC filing. CENTRAL TRUST Co raised its position in Netflix by 408.4% in the first quarter. Moffett Nathanson reissued a "neutral" rating on shares of Netflix in a report on Tuesday, July 18th. Zacks Investment Research upgraded shares of Netflix from a hold rating to a buy rating and set a $163.00 price target on the stock in a research report on Tuesday, March 21st.

Catalyst Capital Advisors LLC Purchases New Position in Synchrony Financial (SYF)

August 16, 2017

This stock (RF) is ahead of its 52-week low with 57.66%. With 9.86 million avg volume, 2 days are for Synchrony Financial (NYSE: SYF)'s short sellers to cover SYF's short positions. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.02%.

The HPM Partners LLC Purchases Shares of 30889 Altria Group (MO)

August 16, 2017

The stock rose 0.16% or $0.1 reaching $64.41. Family Cap Tru Co holds 0.05% of its portfolio in Altria Group Inc (NYSE:MO) for 1,220 shares. It has underperformed by 4.78% the S&P500. Its up 0.12, from 0.87 in 2016Q3. It increased, as 54 investors sold MO shares while 525 reduced holdings. Market Capitalization if basically the market value of the company's shares outstanding.

Spark Investment Management LLC Boosts Position in Zynga Inc. (ZNGA)

August 16, 2017

Hedge funds and other institutional investors own 68.43% of the company's stock. Princeton Portfolio Strategies Group LLC increased its stake in Zynga by 43.6% in the first quarter. Equities analysts predict that Zynga Inc. will post $0.09 earnings per share for the current year. ILLEGAL ACTIVITY NOTICE: This report was first posted by The Cerbat Gem and is the property of of The Cerbat Gem.

Mattel, Inc. (MAT) Issues Quarterly Earnings Results

August 16, 2017

Other firms have also shifted positions in ( MAT ). Investors and Traders continue to monitor technical levels of shares of Mattel, Inc. Moody National Bank Trust Division now owns 20,672 shares of the company's stock worth $529,000 after buying an additional 57 shares during the last quarter.

Sawtooth Solutions LLC Purchases 11166 Shares of Coca-Cola Company (The) (KO)

August 16, 2017

It dived, as 76 investors sold KO shares while 623 reduced holdings. Alpha Windward LLC boosted its position in Coca-Cola Company (The ) by 0.9% in the first quarter. Over the trailing year, the stock is outperforming the S&P 500 by 1.07, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange.

AMC Entertainment Holdings' "Outperform" Recommendation Reiterated at Barrington Research

August 15, 2017

Loop Capital reiterated a "buy" rating and issued a $39.00 price objective on shares of AMC Entertainment Holdings in a report on Monday, July 10th. On July 21 analysts at William Blair added the stock to its research portfolio with a rating of "Equal-Weight".

Ashfield Capital Partners LLC Sells 9754 Shares of Cisco Systems, Inc. (CSCO)

August 16, 2017

About 4.75M shares traded. Shares of Cisco Systems ( CSCO ) traded up 0.581% during midday trading on Tuesday, hitting $32.025. It has underperformed by 3.50% the S&P500. L And S Advisors Inc invested in 1.63% or 121,055 shares. (NASDAQ:CSCO) by 0.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission.

Alibaba Group Holding Limited (NYSE:BABA)

August 16, 2017

Leading up to this report, we have seen a -1.95% fall in the stock price over the last 30 days and a -0.22% decline over the past 3 months. Hillhouse Capital Management Ltd. Relative strength index (RSI-14) for Alibaba Group Holding Limited (BABA ) is at 56.78. During the same period in the prior year, the company earned $0.47 EPS.

The Chipotle Mexican Grill, Inc. (CMG) Earns "Neutral" Rating from Wedbush

August 16, 2017

Eros International plc (NYSE:EROS) has declined 18.90% since August 14, 2016 and is downtrending. It has underperformed by 3.90% the S&P500. (NYSE: CMG ) were released by: Seekingalpha.com and their article: "Chipotle: Don't Let It Poison Your Portfolio" published on August 08, 2017 as well as Fool.com's news article titled: "Here's Why The Best Is Yet to Come for Chipotle Mexican Grill, Inc." with publication date: July 31, 2017.

Tetra Tech, Inc. (TTEK) Position Lowered by Emerald Mutual Fund Advisers Trust

August 15, 2017

One equities research analyst has rated the stock with a sell rating , four have issued a hold rating , nine have assigned a buy rating and one has issued a strong buy rating to the stock. The Company focuses on completion fluids and associated products and services, water management, production well testing, offshore rig cooling, compression services and equipment, and offshore services, such as decommissioning and diving.

Axalta Coating Systems Ltd. (NYSE:AXTA) Climbs 2.17% After-Hours Trading

August 15, 2017

HighPoint Advisor Group LLC purchased a new stake in Axalta Coating Systems during the fourth quarter worth about $992,000. Davis Selected Advisers now owns 7,228,390 shares of the specialty chemicals company's stock worth $231,598,000 after buying an additional 528,794 shares in the last quarter.

Woman says she found rodent in Chick-fil-A sandwich

August 15, 2017

Laboratory testing confirmed that the bun contained a rodent, Manafalouti's lawyer said, according to the Post. Franchisee Dave Heffernan, owner of the Langhorne location from which the sandwich came, said he could not comment on the suit because "it's an ongoing allegation and investigation", the Post reported.

Coach Profits Jump, Kate Spade Comes on Board

August 15, 2017

Coach posted revenue of $1.13 billion, compared to the $1.51 billion analysts surveyed at Factset predicted and the $1.15 billion in revenue the company generated in the year-ago period. "Three years ago we laid out an ambitious plan to transform the Coach brand, with a goal of increasing relevancy and improving consumer perceptions", Luis said in a statement.

Selz Capital Continues To Keep Stake in Alliance Resource Partners,

August 15, 2017

The rating was maintained by Needham with "Buy" on Thursday, October 20. Zacks Investment Research lowered shares of Natural Resource Partners from a "hold" rating to a "strong sell" rating in a report on Thursday, August 10th. In the latest earnings report the EPS was $4.14 and is projected to be $2.89 for the current year with 130,704,000 shares presently outstanding. Fifth Third Retail Bank, Ohio-based fund reported 13,550 shares.

Coronation Fund Managers Ltd. Lowers Position in Rite Aid Corporation (NYSE:RAD)

August 15, 2017

The shares price has positioned -43.31% down over the past quarter while it has directed -59.12% toward a falling position throughout past six months. Therefore 18% are positive. Vetr has "Buy" rating and $10.14 target. A number of equities research analysts have recently issued reports on the company.

Amazon.com, Inc. (AMZN) Stake Increased by Sawtooth Solutions LLC

August 15, 2017

Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since August 15, 2016 and is uptrending. It has outperformed by 20.71% the S&P500. Naples Global Advisors LLC increased its stake in shares of Amazon.com by 0.3% in the first quarter. Creative Planning invested in 0.16% or 806,888 shares. Standard Life Investments Ltd increased Kraft Heinz Co/The stake by 267,980 shares to 6.29M valued at $549.16 million in 2016Q4.

Pfizer, Inc. (PFE) Given a $39.00 Price Target at Sanford C. Bernstein

August 15, 2017

Another trade for 58,846 shares valued at $2.02 million was made by Dolsten Mikael on Monday, February 27. Pfizer (NYSE: PFE ) last issued its earnings results on Tuesday, August 1st. Conning has invested 1.38% in Pfizer Inc. Pfizer (NYSE:PFE) last announced its quarterly earnings data on Tuesday, August 1st. The stock climbed 0.57 percent over the past quarter, while surged 2.15 percent over the past six months.

ON Semiconductor Corporation (NASDAQ:ON) Jumps 1.40% in Pre-Market

August 15, 2017

It dropped, as 23 investors sold Lattice Semiconductor Corp shares while 35 reduced holdings. Finally, FTB Advisors Inc. increased its stake in ON Semiconductor Corporation by 499.9% in the first quarter. Segantii Capital Management Ltd purchased a new stake in ON Semiconductor Corporation during the first quarter worth about $101,000. Jefferies Group LLC restated a hold rating and set a $8.30 price target on shares of Lattice Semiconductor Corporation in a research note on Thursday, April 27th.

SpaceX Rocket to Fire Hewlett Packard Supercomputer Into Orbit

August 15, 2017

SpaceX will take the system, a box that can process data from experiments, on its Dragon Spacecraft that will be launched from Cape Canaveral on August 14 to the International Space Station . The supercomputer is a powerful piece of hardware that is capable of processing huge amount of data and subsequently transmitting results to other machines in seconds.

MoviePass is dropping subscription fees to $10 a month

August 15, 2017

As MoviePass will pay the full price of every ticket sold to theaters, the company faces potentially huge losses, and has secured new funding to accommodate the new subscription plan. The privately held company declined to disclose subscriber numbers or financial information. Lowe, who took over his role in June of past year, said MoviePass has been testing different offerings and price points to learn what will fit.

Notable Stock Analysts Ratings Hewlett Packard Enterprise Company (HPE)

August 15, 2017

Huntington National Bank's holdings in Hewlett Packard Enterprise were worth $1,166,000 at the end of the most recent reporting period. Other large investors have also made changes to their positions in the company. AMAT's revenue has grown at an average annualized rate of about 0.6% during the past five years. Hewlett Packard Enterprise's dividend payout ratio is now 20.16%.

Uber settles with FTC over allegations it failed to protect customer data

August 15, 2017

But the FTC, in its complaint , said that Uber misled the public about its efforts to stop any snooping. "We've significantly strengthened our privacy and data security practices since then and will continue to invest heavily in these programs".

The debate on how to pronounce Primark has finally been settled

August 15, 2017

We can now all finally sleep well at night knowing that Primark is pronounced, well, Primark . (They prefer "Pr-eye-mark", FYI). There are other brands which have even more perhaps counter-intuitive pronounciation. Why is Primark called Penneys in Ireland? Some find the debate completely ridiculous. Have you been wrong this entire time? Adidas is also supposed to pronounced A-di-das instead of a-DEE-das.

Analysis of Analyst Stock Recommendation:: Endo International plc (ENDP)

August 15, 2017

Several equities analysts recently issued reports on the company. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Oppenheimer Holdings, Inc. During the same quarter in the previous year, the business posted $0.86 EPS. TRADEMARK VIOLATION WARNING: " Endo International PLC (ENDP ) Bonds Drop 0.5% During Trading" was posted by Chaffey Breeze and is the property of of Chaffey Breeze.

Derailed goods train will hit Bury train services for days

August 15, 2017

Passengers from Ipswich to Peterborough are having to use a bus connection from Bury St Edmunds to Peterborough and there are also bus connections to that city from Norwich and Cambridge. Network Rail had to create a 1.3km access route to the site to recover the stricken wagons. A rail replacement service has been requested to run between Bury St Edmunds and Ely, to call at Ely, Manea, March, Whittlesey and Peterborough, which will be operated by Panther, Young's and Discovery.

Traders Sell Ford Motor Company (F) on Strength (F)

August 15, 2017

Reliance Trust Co. of Delaware's holdings in General Motors were worth $231,000 at the end of the most recent quarter. Several other large investors have also made changes to their positions in F. The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, September 8th will be given a dividend of $0.38 per share.

Short Interest in Bank of America Corporation (BAC) Declines By 18.2%

August 15, 2017

Finally, Vetr upgraded Bank of America Corporation from a "hold" rating to a "buy" rating and set a $24.52 target price for the company in a research note on Thursday, June 15th. Therefore 44% are positive. The medical analysis business posted $2.47 EPS (EPS) for the period, reaching the Zacks' average forecast of $2.40 by $0.07.

Judge: Costco Must Pay Tiffany & Co $19.4 Million Over Fake Rings

August 15, 2017

Swain also barred Costco from selling any item with the name "Tiffany" on it, unless it's qualified by words such as "setting", "style", or "set" to make it clear it's not an official Tiffany product. "We brought this case because we felt a responsibility to protect the value of our customers' purchases and to ensure that Costco's customers were not misled", she said.

Dick's Sporting Goods Inc (DKS) Stock Rating Reaffirmed by Stifel Nicolaus

August 15, 2017

Dicks Sporting Goods Inc shares fell $6.15 (-17.62%) in premarket trading Tuesday following the report. Schwab Charles Invest Mgmt Inc invested 0.02% of its portfolio in Dicks Sporting Goods Inc (NYSE: DKS ). Selway Asset Mngmt has 15,100 shares. Dicks Sporting Goods Inc (NYSE: DKS ) has declined 1.35% since August 15, 2016 and is downtrending. Commonwealth Equity Svcs holds 0.01% or 13,775 shares.

Mostly Sunny, But Some Could See Isolated Showers

August 15, 2017

Tonight: Mostly cloudy, with a 30 percent chance of showers, mainly between 7 p.m. and midnight. Mostly sunny - high near 87. Light north northwest wind becoming north 5 to 9 miles per hour in the afternoon. Cloudy - low around 72. Skies are expected to be mostly sunny to partly cloudy at times. Mostly cloudy, with a low around 68. The active weather pattern continues with a decent chance of showers on Monday and showers and storms on Tuesday .

Mathes Company Inc. Has $394000 Position in United Technologies Corporation (UTX)

August 15, 2017

The Channing Capital Management Llc holds 1.51 million shares with $81.60 million value, up from 1.47 million last quarter. United Technologies now has $93.58B valuation. Credit Suisse Group reiterated a "buy" rating and set a $136.00 price target on shares of United Technologies Corporation in a research report on Wednesday, July 26th.

Advance Auto Parts Inc (AAP) Position Maintained by Patten & Patten Inc. TN

August 15, 2017

The shares were bought at an average price of $135.28 per share, for a total transaction of $49,647.76. Lombard Odier Asset Management Usa Corp sold 24,211 shares as Advance Auto Parts Inc ( AAP)'s stock declined 6.26%. The consensus estimates call for $6.36 in EPS and $9.54 billion in revenue for the fiscal full year. Among other things, Racanelli noted that commercial auto parts customers, such as fix shops, account for almost 60 percent of Advance's sales, a higher percentage than ...

Etihad Airways says can not bail out Air Berlin

August 15, 2017

The move by the struggling airline forced the German government to step in to provide it with a temporary credit of 150 million euros (176 million dollars) to help it continue operating. News agency Bloomberg estimates that Air Berlin has burnt through nearly €2 billion in six year. "However, Air Berlin's business has deteriorated at an unprecedented pace, preventing it from overcoming its significant challenges and from implementing alternative strategic solutions", Etihad said in a ...

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