Economy / 596

BC to hike distracted driving penalties by $740

November 06, 2017

Attorney General David Eby announced Monday that the province will designate distracted driving "high-risk", meaning that two distracted driving tickets over three years could net drivers a $2,000 penalty. Drivers who get caught checking their cellphone and being distracted behind the wheel will soon get hit with higher insurance penalties. According to the government, more than 25 per cent of all auto crash fatalities in B.C.

Anthem CEO Joseph Swedish to step down

November 07, 2017

Joseph Swedish, Chairman, President and CEO, will serve as Executive Chairman, Board, stepping down in May 2018, and serve as Senior Advisor through May 2020. Anthem noted that she was responsible for about $120 billion in revenue, and she managed around 60,000 employees. After several days of speculation, predictions that Anthem would be naming a new CEO have come true.

Cheniere Energy (LNG) Earns Daily Coverage Optimism Rating of 0.14

November 06, 2017

It also increased its holding in Cloud Peak Energy Inc (NYSE:CLD) by 1.56 million shares in the quarter, for a total of 4.27 million shares, and has risen its stake in Cameco Corp (NYSE:CCJ). Invesco has 3.02 million shares. Cheniere Energy Partners , L.P. CQP has a Forward P/E ratio of 11.48 with a PEG of *tba and a P/S value of 4.86. (NYSEAMERICAN:LNG).

Twenty-First Century Fox, Inc. (FOXA) Holdings Lifted by Gabelli Funds LLC

November 06, 2017

Point72 Asset Management L.P. raised its holdings in Twenty-First Century Fox by 132,582.5% in the first quarter. Ltd. now owns 6,544 shares of the company's stock valued at $178,000 after buying an additional 3,589 shares in the last quarter.

Brocade Communications Systems Inc (NASDAQ:BRCD) Institutional Investor Sentiment

November 06, 2017

The company has market cap of 596.15 million GBP. The stock decreased 0.87% or $0.31 on November 3, reaching $35.47. The shares were sold at an average price of $9.00, for a total value of $67,500.00. The firm earned "Neutral" rating on Friday, August 26 by Citigroup. The firm has "Neutral" rating given on Monday, August 24 by Goldman Sachs. The company was maintained on Tuesday, November 24 by Nomura.

Kansas City Southern (KSU) Sees Large Decline in Short Interest

November 06, 2017

Howe & Rusling Inc. acquired a new position in Kansas City Southern in the third quarter valued at $130,000. The stock decreased 0.84% or $0.89 on November 3, reaching $104.86. The stock has "Neutral" rating by Atlantic Securities on Thursday, August 11. Credit Suisse has "Outperform" rating and $124 target. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, September 28.

Equities Analysts Set Expectations for Avery Dennison Corporation's FY2017 Earnings (AVY)

November 06, 2017

First Citizens Bank & Trust Co increased Avery Dennison Corp ( AVY ) stake by 316.38% reported in 2017Q2 SEC filing. Delta Asset Management Llc Tn holds 3.92% of its portfolio in Avery Dennison Corp for 287,071 shares. Avery Dennison Corporation's revenue was up 11.3% compared to the same quarter last year. research analysts expect that Avery Dennison Corporation will post 4.93 EPS for the current fiscal year.

Alpine Woods Capital Investors LLC Trims Holdings in Abbott Laboratories (NYSE:ABT)

November 06, 2017

Netflix, Inc.is maintained at an average outperform rating by 42 stock analysts, and there are at least 6.22% of shares outstanding that are now legally short sold. Ntv Asset Mgmt Lc holds 45,714 shares or 0.68% of its portfolio. It also reduced its holding in Select Sector Spdr Tr (XLK) by 16,806 shares in the quarter, leaving it with 13,170 shares, and cut its stake in Ishares Tr (IJH).

$1.80 EPS Expected for Home Depot Inc (HD)

November 06, 2017

About 450,200 shares traded or 90.29% up from the average. Hyman Charles D invested 0.6% in Home Depot Inc (NYSE:HD). It has outperformed by 1.95% the S&P500. Horan Cap Advisors Ltd Liability Corp holds 17,456 shares. Credit Suisse Ag reported 2.11M shares or 0.32% of all its holdings. Raab And Moskowitz Asset Limited Liability Corporation holds 0.67% or 8,698 shares.

(K) Set to Announce Quarterly Earnings on Wednesday

November 06, 2017

Visa Inc now has $254.65 billion valuation. The stock rose 0.23% or $0.34 reaching $147.84 per share. About 3.76 million shares traded. It is down 32.76% since November 6, 2016 and is uptrending. Corning Incorporated is given 4 buy-equivalent recommendations, 0 sells and 8 holds. Therefore 45% are positive. Visa Inc. had 91 analyst reports since July 21, 2015 according to SRatingsIntel.

Revenue Approximations Analysis: VF Corporation (VFC), New York Community Bancorp, Inc. (NYCB)

November 06, 2017

Centene Corp Del now has $16.57B valuation. The stock decreased 1.81% or $2.4 on November 3, reaching $130.02. Currently, 489.45 million total shares are owned by the public and among those 473.81 million shares have been available to trade.

AstraZeneca plc Sees Unusually High Options Volume (AZN)

November 06, 2017

Boasting a price of 5,169.00GBX, AstraZeneca PLC (LON:AZN) traded 0.18% higher on the day. Finally, Investec upgraded shares of AstraZeneca plc from a hold rating to a buy rating and lowered their price objective for the stock from GBX 5,000 ($65.98) to GBX 4,900 ($64.66) in a research note on Wednesday, August 9th.

Sherwin-Williams Company (The) (SHW) Shares Sold by Korea Investment CORP

November 06, 2017

The stock had a trading volume of 338,786 shares, compared to its average volume of 551,558. (NASDAQ:HCKT) has risen 3.66% since November 5, 2016 and is uptrending. Among 14 analysts covering Weyerhaeuser Company ( NYSE:WY ), 7 have Buy rating, 1 Sell and 6 Hold. The rating was downgraded by Wunderlich on Wednesday, February 1 to "Hold".

Avon Products Inc Institutional Investor Sentiment Worsened in 2017 Q2

November 06, 2017

Oakbrook Investments LLC boosted its stake in Avon Products by 2.5% during the second quarter. (NYSE:AVP) on Tuesday, July 21 with "Neutral" rating. Sterne Agee CRT initiated Avon Products, Inc. About 14.48M shares traded or 283.07% up from the average. Among 10 analysts covering Avon Products Inc. It has underperformed by 27.55% the S&P500.

Stocks Movement Analysis: Cigna Corp. (CI), Arista Networks, Inc. (ANET)

November 06, 2017

The company moved in the past week with shift of 2.98%. Arista Networks , Inc . disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Customer Officer Sadana Anshul has sold 12,000 shares of Arista Networks , Inc .

Royal Dutch Shell Plc (RDSA) Rating Reiterated by Macquarie

November 06, 2017

It has a 13.83 P/E ratio. The company also recently announced a dividend, which will be paid on Wednesday, December 20th. About 3.74M shares traded. Beaufort Securities maintained Ryanair Holdings Plc (LON:RYA) on Wednesday, October 5 with "Buy" rating . Royal Dutch Shell Plc (LON:RDSA)'s stock had its "neutral" rating restated by stock analysts at Macquarie in a research note issued to investors on Thursday, October 26th.

Hackers Launch Identity Theft Attack on Netflix Subscribers

November 06, 2017

Roughly110 million Netflix subscribers have been targeted with the phishing emails, Deadline reports , asking them to update their account information. "Obviously we'd love to have you back, simply click restart your membership to update your details and continue to enjoy all the best TV shows and movies without interruption".

Nissan GT-R Adds Pure Trim Level for $101685

November 06, 2017

It also shares the iconic GT-R Nismo's wide front fenders. Gradually Nissan added more power and further refined the auto but slowly increased the cost as well. Meanwhile, the 2018 Premium model starts from $112,185. Nissan's USA arm has announced pricing and details of its 2018 GT-R range, including a new entry-level variant dubbed the GT-R Pure.

Loop Capital Reiterates Hold Rating for Advanced Micro Devices, Inc. (NASDAQ:AMD)

November 06, 2017

Several other large investors have also added to or reduced their stakes in the company. According to these analysts, the Low Revenue Estimate for Advanced Micro Devices, Inc .is 1.2 Billion and the High Revenue Estimate is 1.51 Billion. Some buy side analysts are also providing their Analysis on Advanced Micro Devices, Inc ., where 6 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 15 said it's a HOLD, 4 reported it as Underperform and 1 analysts rated the ...

Devon Energy Corporation (NYSE:DVN) Quarterly Analytical Analysis

November 06, 2017

Southern Copper Corp (NYSE:SCCO) has risen 28.26% since November 5, 2016 and is uptrending. It has underperformed by 6.19% the S&P500. The firm's revenue was up 9.5% compared to the same quarter last year. The stock of Southern Copper Corp (NYSE:SCCO) has "Market Perform" rating given on Tuesday, May 3 by Cowen & Co. The firm has "Buy" rating given on Wednesday, November 4 by Goldman Sachs.

Gilead Sciences, Inc. (GILD) Shares Sold by Commerce Bank

November 06, 2017

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.4 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. Tekla Ltd invested 0% of its portfolio in AbbVie Inc ( NYSE :ABBV). (NASDAQ: GILD ) rating on Friday, December 18. The stock has "Hold" rating by Needham on Tuesday, October 3.

New York Fed chief Bill Dudley to retire

November 06, 2017

There are also three additional vacancies on the Fed's board. "I am extremely proud of the work we have done in NY, and as a System, from our efforts to help the nation navigate the financial crisis to beginning the process of normalizing the balance sheet to our work on reforming the culture of the financial services industry", Mr.

Rite Aid Corporation (NYSE:RAD) Shares Tick -1.91% For the Week

November 06, 2017

PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since November 5, 2016 and is uptrending. It has underperformed by 41.84% the S&P500. Gmt Capital Corp increased Superior Energy Svcs Inc (SPN) stake by 96.91% reported in 2017Q2 SEC filing. Jefferies downgraded the stock to "Underperform" rating in Thursday, September 3 report. The firm has "Buy" rating by Mizuho given on Thursday, September 17.

Equities Analysts Set Expectations for Lockheed Martin Corporation's FY2017 Earnings (NYSE:LMT)

November 06, 2017

Lockheed Martin Corporation (NYSE:LMT) last posted its quarterly earnings data on Tuesday, October 24th. It has underperformed by 16.70% the S&P500. Investors sentiment increased to 1.07 in Q2 2017. Seven equities research analysts have rated the stock with a hold rating , ten have assigned a buy rating and one has issued a strong buy rating to the company's stock.

Advance Auto Parts Inc. (AAP) Upgrade at Raymond James Financial Inc

November 06, 2017

Patten Patten Inc Tn holds 0.04% or 3,315 shares. Assurant Inc. now has $5.40B valuation. The total value of its holdings decreased 0.8%. About 673,794 shares traded or 36.76% up from the average. Metropolitan Life Insurance Ny has 27,056 shares. COPYRIGHT VIOLATION WARNING: "Tocqueville Asset Management L.P. Acquires 21,062 Shares of Advance Auto Parts Inc ( AAP )" was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal.

Could Goldman Sachs Group Inc (SACH) Go Down? The Stock Formed Bearish Double Bottom Chart Pattern

November 06, 2017

Tudor Investment Corp ET AL grew its holdings in Goldman Sachs Group, Inc. The stock decreased 0.98% or $2.43 on November 3, reaching $244.4. Cardinal Capital Management Llc Ct owns 1.77 million shares or 3.27% of their USA portfolio. 278.62 million shares or 2.97% less from 287.14 million shares in 2017Q1 were reported. Tocqueville Asset Mngmt Ltd Partnership invested 0.13% in Goldman Sachs Group Inc (NYSE:GS).

(NYSE:JPM) Holding Above The Trend Line

November 06, 2017

Neovasc Inc (TSE:NVCN) has 0.00% since November 5, 2016 and is. It has underperformed by 1.24% the S&P500. Nli International Inc increased Jpmorgan Chase & Co ( JPM ) stake by 20.32% reported in 2017Q2 SEC filing. On Tuesday, June 6 the stock rating was maintained by Keefe Bruyette & Woods with "Hold". The company presently has an average rating of "Hold" and an average target price of $91.83.

Oxford Street To Be Pedestrianised, Mayor Sadiq Khan Announces

November 06, 2017

There are some exceptions being proposed such as taxis being able to cross at Duke Street, Vere Street, Harewood Place and Stratford Place as well as talks about having an 800m-long work of public art . "The loss of taxi access to this section of Oxford Street will cause considerable inconvenience to disabled passengers, many of whom rely upon London's fully-accessible taxi fleet to get around safely and conveniently", said Richard Massett, Chairman of the Licensed Taxi Drivers' ...

Altice agreement 'not contingent' on T-Mobile talks failing: Sprint CFO

November 06, 2017

Both Comcast and Charter have MVNO agreements in place with Verizon, and Comcast has already launched its Xfinity Mobile offering. Besides a nice check from Altice for using its network, Sprint will also get help in "densifying" its network from the cable company.

The Edison International (EIX) Insider Sold $2643168.40 in Stock

November 06, 2017

Shares of Consolidated Edison Inc (ED) traded up $0.24 during mid-day trading on Friday, hitting $87.04. (NYSE:MRK) has risen 16.86% since November 5, 2016 and is uptrending. Shares for $204,182 were sold by WHITE W BRETT on Wednesday, June 7. Edison International (EIX) is expected to post revenue of $3.23 Billion in the current quarter, according to consensus of 4 analysts.

Essex Property Trust, Inc. (ESS) Earns Hold Rating from SunTrust Banks, Inc

November 06, 2017

It closed at $21.5 lastly. About 986 shares traded. (NYSE:MRK) has risen 16.86% since November 6, 2016 and is uptrending. It has outperformed by 6.65% the S&P500. Citigroup holds 88,409 shares. Essex Property Trust's payout ratio is now 87.72%. Commonwealth Of Pennsylvania Pub School Empls Retrmt has 4,874 shares.

Trump, During Visit To Japan, Talks Trade And North Korea

November 06, 2017

The interview was broadcast as a letter by the US Defense Department emerged that said the only way to locate and secure all of North Korea's nuclear weapons sites would be via ground invasion. Most commented saying, "Trump can't even feed fish right". "We've just heard the very sad stories about family members - daughters, wives, brothers uncles, fathers - it's a very, very sad number of stories that we've heard", Trump said Trump and first lady Melania Trump stood with almost two dozen ...

Chesapeake Utilities Corporation (NYSE:CPK) Position Increased by Dimensional Fund Advisors LP

November 06, 2017

Seaport Global Securities also issued estimates for Chesapeake Energy Corporation's Q4 2017 earnings at $0.16 EPS, Q1 2018 earnings at $0.08 EPS, Q2 2018 earnings at $0.07 EPS, Q3 2018 earnings at $0.10 EPS, Q4 2018 earnings at $0.10 EPS and FY2018 earnings at $0.35 EPS.

Inc. Sells 2695 Shares of Cardinal Health, Inc. (NYSE:CAH)

November 06, 2017

Donald L. Hagan LLC lifted its position in shares of Cardinal Health by 31.2% during the third quarter. Shares of the company fell 4 percent on Monday morning to their lowest in four years. Cardinal Health's revenue was up 14.2% on a year-over-year basis. -Earnings Decline (Y-o-Y): -13.3% -EPS (Q1): $1.09 vs. $1.24 a year ago. The firm also recently announced a quarterly dividend, which was paid on Sunday, October 15th.

Toys R Us Thanksgiving tradition: 5 pm store openings

November 06, 2017

PricewaterhouseCoopers estimates that 28% of Thanksgiving Day shoppers this year will do most of their shopping only online, up 10% compared with last year . The company says the exact hours might vary depending on the store. Macy's says most of it's stores will open on Thanksgiving at 5 p.m. for Black Friday specials.

Gas prices rising as November begins

November 06, 2017

If you're headed out early to put gas in the tank, don't be surprised if you pay a bit more than last time. AAA blames the increase on tightening gasoline inventories caused by above average demand and a recent uptick in exports. "However, longterm fall gasoline demand is expected to drop in November, which should prevent any significant spike in gas prices before the end of the year".

Amazon Discounts Other Sellers' Products

November 06, 2017

These new discounts will be provided by the company itself and apply to a wide range of products from board games to tech gadgets not sold directly by the e-commerce site. The Wall Street Journal reports that not all Amazon third-party sellers are happy with this latest development, noting that lower prices could prove particularly damaging to independent merchants that also sell the same products elsewhere online.

Paradise Papers show Jayant Sinha's links with Omidyar in Appleby files

November 06, 2017

Sinha, who founded the private secuirty firm SIS, expressed an inability to verbally respond to the press when asked about his name in the Paradise Papers leak . According to the ICIJ revelations reported in The Indian Express, records of the Malta registry show SIS Asia Pacific Holdings Ltd (SAPHL), registered in Malta in 2008, as a subsidiary of SIS.

Aldermore recommends £1.1bn takeover by FirstRand

November 06, 2017

FirstRand's 313 pence per share offer represents a 22.3 percent premium to Aldermore's closing price of 245 pence on October 12, the day before the companies announced they were in talks. "Our vision has always been to bring more competition to United Kingdom banking, and the support of the FirstRand Group will enable us to continue to do just that".

Why you should never store eggs in the fridge door

November 06, 2017

Despite the fact these racks appear to be super handy and a neat little way to store your eggs, keeping them in the fridge door can actually see them rot faster. However, eggs which are stored in a rack on the fridge door will go off quicker, a food storage expert has warned. It's best to keep your eggs inside the fridge.

Mizuho Reiterates "Hold" Rating for Occidental Petroleum Corporation (OXY)

November 06, 2017

The stock increased 0.53% or $0.36 on November 3, reaching $68.26. Following the completion of the transaction, the director now owns 1,585,619 shares of the company's stock, valued at approximately $108,313,633.89. The rating was maintained by Citigroup with "Neutral" on Monday, September 14. The stock presently has a consensus rating of "Hold" and a consensus price target of $66.07.

Commuter chaos after London train 'shakes violently and derails' sparking delays

November 06, 2017

Commuters into one of London's biggest transport hubs were bracing themselves for cancellations and delays this morning, after a train derailed in South West London. Kentish Town has since reopened. London Overground: No service between Surrey Quays and Wandsworth Road due to a track fault at Wandsworth Road. RMT general secretary Mick Cash said; "RMT awaits the facts behind the derailment this morning and our local reps are monitoring the situation on the ground".

Paradise Papers: Queen Elizabeth's private estate invested in offshore funds

November 06, 2017

In June 2008, the queen's estate received about $360,000 from its investment. This includes the controversial rent-to-own retailer, BrightHouse, which sells electrical goods and furniture to mainly lower-income people. "The Duchy's investment in BrightHouse is through a third party and equates to £3,208 - just 0.0006% of the Duchy's value". Earlier, the BBC reported that the ICIJ leak, dubbed the Paradise Papers, "contains 13.4m documents, mostly from one leading firm in offshore ...

UK Car Sales Decline In October: SMMT

November 06, 2017

Auto registrations dropped by 12.2% compared with the same month a year ago, with a total of 158,192, according to figures from the Society of Motor Manufacturers & Traders (SMMT). Ford Fiesta was the best-selling vehicle during the month, as it has been so far this year, followed by the Volkswagen Golf, the Ford Focus and the Nissan Qashqai.

Pacer Advisors Inc. Increases Stake in Bank of America Corporation (BAC)

November 06, 2017

The stock increased 0.49% or $0.13 on November 3, reaching $26.75. It has outperformed by 29.59% the S&P500. Sumitomo Mitsui Trust Holdings Inc increased its stake in Bank Of America Corp ( BAC ) by 1.86% based on its latest 2017Q2 regulatory filing with the SEC.

New stills from 'Tiger Zinda Hai' make fans eager, trailer out tomorrow

November 06, 2017

The trailer should give us a glimpse of Katrina's action scenes, along with Salman's powerful stunt sequences. Only Salman Khan can look stylish and yet manage to pull off an action scene as killer like in these stills. Salman in this movie is playing an Indian intelligence agent and opposite him will be leggy young lady Katrina Kaif . It will make us think about the story, which picks up from where the 2012 original ( Ek Tha Tiger ) left off.

Unpaid Turkish clothes makers tag Zara items to seek help

November 06, 2017

In September of this year, 140 Bravo employees started a Change.org petition in which they asked Zara, Next, and Mango to pay the workers the wages they say have been withheld from them for more than a year. According to the petition, the Bravo factory made clothes for Inditex, Zara's parent company. Workers said they demand no more than their basic rights, and that brands give them the basic respect to compensate their labour.

Intel Corporation (NASDAQ:INTC) PT Raised to $41.00 at Canaccord Genuity

November 06, 2017

About 39.30M shares traded or 32.73% up from the average. It has outperformed by 2.77% the S&P500. Oregon Public Employees Retirement Fund increased Marathon Petroleum Corp (MPC) stake by 7.76% reported in 2017Q2 SEC filing. Kentucky-based River Road Asset Mgmt Ltd has invested 1.02% in Intel Corporation (NASDAQ:INTC). Acrospire Investment Management LLC increased its position in shares of Intel Corporation by 111.8% during the second quarter.

Advisors Capital Management LLC Cuts Stake in Skyworks Solutions, Inc. (NASDAQ:SWKS)

November 06, 2017

Following the transaction, the director now directly owns 16,641 shares in the company, valued at $1,777,591.62. Skyworks Solutions ( NASDAQ SWKS ) traded down $2.10 during midday trading on Monday, hitting $111.76. Dynamic Capital Management Ltd increased Nvidia Corp (NASDAQ:NVDA) stake by 7,219 shares to 12,900 valued at $1.87 million in 2017Q2. It also upped Consolidated Edison Inc (NYSE:ED) stake by 15,222 shares and now owns 80,161 shares.

The JetBlue Airways Corp. (JBLU) Lowered by Vetr Inc

November 06, 2017

Equities research analysts forecast that JetBlue Airways Corp. will post $2.14 earnings per share for the current year. JetBlue Airways Corporation (JBLU) has risen 12.28% since then. The business had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.81 billion. Essex Investment Ltd has 0.34% invested in JetBlue Airways Corporation (NASDAQ:JBLU).

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