Economy / 908

Swiggy denies allegations of cheating restaurants, fudging business numbers

July 27, 2017

To drive home its commitment to its restaurant partners, company CEO Sriharsha Majety informed that the company is now helping its restaurant partners to setup kitchens in various locations to address the "geographic cuisine gap". The actual numbers are less than 3 million orders for the month of June, 2.76 million to be precise, as per the report. The blogpost by these employees details how their core job is to signup restaurants and lie about the marketshare, volumes.

Jag Capital Management LLC Has $1418000 Position in Nielsen NV (NLSN)

July 27, 2017

It posted revenues of $1.644 billion, compared to our consensus estimate of $1.66 billion. Nielsen Holdings plc (NYSE:NLSN) shares were last seen down -3.04% at $38.62, which is 12.6% higher than the previous trading session. Investors of record on Thursday, August 24th will be paid a dividend of $0.34 per share. Total Debt/Equity is 195 and the Book value per Share is 11.54.

Capital One National Association Boosts Position in International Business Machines Corporation (IBM)

July 27, 2017

The Stratos Wealth Partners Ltd holds 58,064 shares with $9.64 million value, up from 50,435 last quarter. The company has market cap of 1.12 billion GBP. Therefore 29% are positive. Sanford C. Bernstein reissued a "market perform" rating and issued a $150.00 target price on shares of International Business Machines Corporation in a report on Wednesday, April 19th.

Linda P. Hefner Sells 10578 Shares of Danaher Corporation (DHR) Stock

July 27, 2017

Assetmark Inc. now owns 6,622 shares of the conglomerate's stock valued at $566,000 after buying an additional 30 shares during the last quarter. Danaher Corporation (NYSE:DHR) last announced its earnings results on Thursday, July 20th.

Air France-KLM to buy stake in Virgin Atlantic

July 27, 2017

It has also been announced that both Delta and China Eastern will buy separate 10 per cent stakes in Air France KLM for €375 million each. "A dynamic global landscape means it's more important than ever for Delta to deepen ties with our global partners to provide opportunities for mutual growth", Delta CEO Ed Bastian said in a statement.

Markel Corp Buys 17000 Shares of Walt Disney Company (The) (NYSE:DIS)

July 27, 2017

The stock increased 0.49% or $0.52 during the last trading session, reaching $106.94. During the session shares traded on below-average volume. Fresnillo Plc (LON:FRES) has 0.00% since July 26, 2016 and is. The average volume stands around 7.05 million shares. Investors sentiment increased to 1.13 in Q4 2016. Its up 0.01, from 0.71 in 2016Q3. It is positive, as 41 investors sold ROST shares while 240 reduced holdings.

Diageo PLC (DEO) Position Maintained by Glenmede Trust Co. NA

July 27, 2017

It produces and distributes fruit juices, other fruit-flavored beverages and mineral and purified water in Chile, Argentina and Paraguay under trademarks owned by The Coca-Cola Company. Trustmark National Bank Trust Department increased Ishares (PFF) stake by 14,370 shares to 651,195 valued at $24.23M in 2016Q4. Vanguard (VBK) was raised too.

Parametric Portfolio Associates LLC Boosts Stake in Diplomat Pharmacy, Inc. (NYSE:DPLO)

July 27, 2017

Diplomat Pharmacy (NYSE: DPLO ) last released its quarterly earnings data on Monday, May 8th. Therefore 33% are positive. JPMorgan Chase raised its stake in Diplomat Pharmacy by 73.1% in the Q1. The stock has "Neutral" rating by Citigroup on Tuesday, August 2. Going from the most negative analyst price target to above consensus is one thing. Out of 12 Wall Street analysts rating Diplomat Pharmacy, 4 give it "Buy", 1 "Sell" rating, while 7 recommend "Hold".

LP (NASDAQ:KKR) To Report Earnings

July 27, 2017

L.P. during the first quarter worth about $195,000. (NYSE:KKR) last issued its quarterly earnings results on Thursday, April 27th. Cortina Asset Management Llc, a Wisconsin-based fund reported 491,567 shares. The company's Average Revenue Estimate for the current quarter is $303.26 Million, while Low and High Revenue Estimates are $286 Million and $312.2 Million respectively.

Exxon Mobil Corporation (XOM)

July 27, 2017

As per Wednesday, September 23, the company rating was initiated by Macquarie Research. Dean Investment has 82,011 shares for 1.27% of their portfolio. The rating was maintained by Credit Suisse with "Underperform" on Monday, May 2. The company was upgraded on Monday, June 5 by Scotia Capital. The rating was maintained by Jefferies with "Hold" on Wednesday, February 3.

Just Eat revenues exceed expectations

July 27, 2017

Just Eat said the revenue growth was ahead of its expectations and it has therefore raised its 2017 revenue guidance to between GBP500.0 million and GBP515.0 million, from GBP480.0 million to GBP395.0 million. He added: "Today's results, the recent appointment of Peter Plumb as chief executive officer and the very substantial headroom for further growth in all of our territories mean that we are exceptionally well-placed as we enter the second half of the year".

Greenleaf Trust Sells 610 Shares of Jones Lang LaSalle Incorporated (NYSE:JLL)

July 27, 2017

The company was maintained on Wednesday, September 2 by Barclays Capital. JLL has been the topic of a number of research analyst reports. Barclays Capital has "Overweight" rating and $136 target. 05/20/2016 - Jones Lang LaSalle Incorporated was upgraded to " by analysts at Goldman Sachs. Wunderlich has "Buy" rating and $6.50 target. On Wednesday, August 12 the stock rating was maintained by Cowen & Co with "Outperform".

Chesapeake Energy Corporation (NYSE:CHK) Earns Hold Rating from Scotiabank

July 27, 2017

During the same quarter in the previous year, the company earned ($0.10) earnings per share. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.9. Following the completion of the purchase, the director now directly owns 522,358 shares of the company's stock, valued at $2,376,728.90. Credit Agricole S A raised its stake in shares of Chesapeake Energy Corporation by 143.5% in the fourth quarter.

Drunk woman forcefully kisses cop in Kolkata after midnight accident

July 27, 2017

When a home guard approached the woman and the auto, she pulled the man into a hug and started kissing him. The lady in question, turns out, was drunk-driving on the said night along with her companions when she lost control of her auto which swerved into a railing.

Schroders sees wealth profits jump after C Hoare buy

July 27, 2017

Schroders has seen its profit from wealth management increase by nearly 30% since its acquisition of C Hoare & Co's wealth business. Schroders , which manages mutual funds for retail and institutional clients, as well as offering wealth management services, said total assets were 418.2 billion pounds ($549.3 billion), from 343.8 billion pounds a year earlier.

NTSB calls for expansion of speed cameras

July 27, 2017

As the NTSB tries to shine a spotlight on the deadly factor of speed, they're saying there's more states can do to prevent fatalities. The recommendations to the states-to remove barriers to the use of automated speed enforcement-are based on the findings that it is an effective but underused countermeasure.

Barings LLC Holds Position in Great Plains Energy Inc (GXP)

July 27, 2017

KeyBanc Capital Markets maintained Kirkland's, Inc. They now have a Dollars 28 price target on the stock. (NYSE:NI) on Tuesday, September 15 to "Hold" rating. Northern Trust invested in 182,243 shares. Paloma Ptnrs has 38,225 shares. Pub Employees Retirement Association Of Colorado reported 0% of its portfolio in Kirkland's, Inc.

Detroit Pistons pick Flagstar Bank to be first jersey ad sponsor

July 27, 2017

An announcement is set today to announce a new partnership between the Pistons and Flagstar Bank. Palace Sports & Entertainment Vice Chairman Arn Tellem said last month the Pistons were close to a deal to become one of the first National Basketball Association teams to wear a logo on the new Nike-designed jerseys.

Investor's Ready to act on the Stock: Applied Materials (NASDAQ:AMAT)

July 27, 2017

Float is at 1.07 Billion. It closed at $0.0016 lastly. It has outperformed by 9.10% the S&P500. Chevy Chase Trust Holdings Inc. now owns 1,168,127 shares of the manufacturing equipment provider's stock worth $45,440,000 after buying an additional 27,616 shares in the last quarter.

Starbucks to Purchase Remaining Stake in Chinese Joint Venture for $1.3 Billion

July 27, 2017

The cash deal will give Starbucks ownership of about 1,300 stores in Shanghai and Jiangsu and Zhejiang provinces, and aligns with the US company's target of operating 5,000 stores in mainland China by 2021. The move is similar to the company's 2011 decision to fully license its Hong Kong and Macau operations, Johnson said in a statement . Both transactions are expected to close by early calendar year 2018 and are subject to customary closing conditions, including receipt of required ...

MSG Networks (NYSE:MSGN) Reviewed By Analysts

July 27, 2017

Nypost.com's news article titled: " MSG Networks is looking to sell" with publication date: April 04, 2017 was also an interesting one. Among 14 analysts covering Madison Square Garden (NASDAQ:MSG), 10 have Buy rating , 1 Sell and 3 Hold.

Rockwell Automation, Inc. (NYSE:ROK) Releases FY17 Earnings Guidance

July 27, 2017

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. now owns 1,377,769 shares of the industrial products company's stock valued at $214,532,000 after buying an additional 961,760 shares during the last quarter.

Crescent Point Energy Corp (CPG) Analysts See $-0.01 EPS

July 27, 2017

Crescent Point Energy Corp.is a Canada gas and oil exploration, development and production company. Comerica Bank now owns 63,068 shares of the oil and gas producer's stock valued at $799,000 after buying an additional 6,411 shares during the period.

Intercontinental Exchange Inc. (ICE) Receives Consensus Recommendation of "Buy" from Analysts

July 27, 2017

In other Intercontinental Exchange news, insider Charles A. Vice sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, May 2nd. AAXN's SI was 17.59M shares in July as released by FINRA. The rating was maintained by Deutsche Bank with "Buy" on Thursday, August 4. RBC Capital Markets maintained Intercontinental Exchange Inc (NYSE:ICE) rating on Tuesday, May 10.

Halliburton Company — Trending Stock Analysis

July 27, 2017

Schwab Charles Investment Management Inc. owned about 0.34% of Halliburton worth $146,772,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company.

Credit Suisse Cuts Rating On CF Industries Holdings, Inc. (CF)

July 27, 2017

HSKA's profit would be $2.71 million giving it 69.80 P/E if the $0.37 EPS is correct. They now have a Dollars 33 price target on the stock. The share price of CF has declined by over -8.95% in the last six months. (NYSE:CF). At the time of writing, the First Call consensus price target for the company is $30.69. Therefore 53% are positive. Heska Corp had 7 analyst reports since August 25, 2015 according to SRatingsIntel.

Potash Corporation of Saskatchewan Inc (POT) AO Seeing a Consistent Uptrend

July 27, 2017

The stock, after opening at $33.35, closed at $32.34 by scoring -2.59%. ( POT ) has the trading volume of 5.26 Million shares with the average trading volume of 4780 shares. Invesco Ltd holds 0% or 193,976 shares. California Employees Retirement Systems, California-based fund reported 152,000 shares. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as ...

The Constellation Brands Inc (STZ) EVP Sells $977500.00 in Stock

July 27, 2017

The stock rose 0.12% or $0.23 reaching $193.9. Overall, 1.44 Million shares exchanged hands versus its average trading volume of 1.35 Million shares. Constellation Brand now has $37.71 billion valuation. Investors sentiment increased to 0.88 in 2016 Q4. Its down 0.06, from 0.93 in 2016Q3. It is positive, as 26 investors sold ACAS shares while 52 reduced holdings.

The Occidental Petroleum Corporation's (OXY) Hold Rating Reiterated at Scotiabank

July 27, 2017

The firm earned "Buy" rating on Monday, November 23 by Evercore. The stock of Sanofi SA (ADR) (NYSE:SNY) earned "Buy" rating by Berenberg on Thursday, September 8. 435,000 are held by State Of New Jersey Common Pension Fund D. Investec Asset North America Inc, New York-based fund reported 95,825 shares. Mitchell Grp stated it has 3.24% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY).

SPDR EURO STOXX 50 Currency Hedged ETF (HFEZ) Moving 0.15% in Session

July 27, 2017

A level of 50 would indicate neutral market momentum. Alternately, if the indicator goes under -80, this may show the stock as being oversold. The RSI, or Relative Strength Index is another popular oscillating indicator among traders and investors.

The Spirit Realty Capital (NYSE:SRC) Earning Positive Media Coverage, Report Shows

July 27, 2017

Buckingham Capital Management Inc who had been investing in Hanesbrands for a number of months, seems to be bullish on the $8.70 billion market cap company. It also upped Spectra Energy Corp. The company is estimating to achieve earnings per share (EPS ) growth of 72.40% in this year. Prudential Finl Inc Com (NYSE:PRU) was reduced too.

Texas Instruments Incorporated (TXN) Shares Sold by Probity Advisors Inc

July 27, 2017

Napco Security Technologies Inc (NSSC) has $175.49M valuation. Ameriprise Financial Inc. now owns 3,545,206 shares of the semiconductor company's stock worth $285,613,000 after buying an additional 12,891 shares during the period. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned "Neutral" rating by Mizuho on Wednesday, January 25. Loop Capital initiated the stock with "Hold" rating in Tuesday, December 13 report.

(TROW) Shares Trading up at $81.10 T. Rowe Price Group Reports Second…

July 27, 2017

About shares traded. Platform Specialty Products Corp (NYSE:PAH) has risen 48.23% since July 24, 2016 and is uptrending. About 1.15 million shares traded. Stockholders of record on Thursday, June 15th were given a $0.57 dividend. Quadrant Capital Group LLC raised its stake in shares of T. Rowe Price Group by 1.4% in the first quarter.

SoftBank seeking multibillion dollar stake in Uber

July 27, 2017

The ride-hailing apps are popular with residents of congested Southeast Asian cities, who aside from using them for rides also find them convenient for fetching takeaway food, delivering documents and other tasks. As per the Journal, any speculation - which could incorporate new cash for the organization beyond secondary share sales - would occur after the arrangement of the following Uber CEO, a procedure that is appearing as though it will require some investment to be settled.

Abraxas Petroleum Corporation (NASDAQ:AXAS) Coverage Initiated at Canaccord Genuity

July 27, 2017

Zacks Investment Research raised Abraxas Petroleum Corporation from a "hold" rating to a "buy" rating and set a $2.25 price target for the company in a research note on Monday, May 29th. 08/13/2015 - Abraxas Petroleum Corporation had its " rating reiterated by analysts at Robert W. Baird. They now have a Dollars 2.25 price target on the stock.

Analyst's Indicator Review for Associated Banc-Corp (ASB), Newfield Exploration Company (NFX)

July 27, 2017

Company has far performed well this year, with the share price up 16.43% since January. Analysts predict that Associated Banc-Corp will post $1.44 EPS for the current year. Associated Banc-Corp (ASB) is expected to post revenue of $276.01 Million in the current quarter, according to consensus of 12 analysts. Suntrust Banks Inc holds 10,445 shares or 0% of its portfolio.

Fonterra increases farmgate milk price forecast by 25 cents

July 27, 2017

Fonterra says this makes the forecast total available payout to farmers, for the 2017/2018 season, $7.20 to $7.30 before retentions. "I'm sure it will put a spring in the step of every farmer who comes in to their morning tea". Theo Spierings, the Fonterra chief executive, said that "increasing numbers of consumers in our global markets prefer dairy for their everyday source of nutrition, and that is converting into strong demand particularly in consumer and foodservice products".

Texas Instruments Sees Unusually Large Options Volume (TXN)

July 27, 2017

Volume gives an investor an idea of the price action of a security and whether he should buy or sell the security. TCI Wealth Advisors increased its position in Texas Instruments by 33.2% in the Q1. More recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Nasdaq.com which released: "Texas Instruments Incorporated (TXN) Ex-Dividend Date Scheduled for July 27, 2017" on July 26, 2017.

AstraZeneca plc (ADR) (AZN) EPS Estimated At $0.44

July 27, 2017

The company has market cap of $83.03 billion. The stock declined 0.35% or $0.08 reaching $22.88 on the news. 4,116,151 shares of the stock traded hands. SGH's profit will be $50.60M for 0.07 P/E if the $0.58 EPS becomes a reality. After posting $0.99 EPS for the previous quarter, AstraZeneca plc (ADR)'s analysts now forecast -55.56 % negative EPS growth.

Xilinx, Inc. (NASDAQ:XLNX) Releases Q2 Earnings Guidance

July 27, 2017

Vanguard Group Inc. now owns 27,030,100 shares of the programmable devices maker's stock worth $1,564,772,000 after buying an additional 812,627 shares during the period. If you are viewing this story on another domain, it was illegally copied and republished in violation of U.S. and global copyright and trademark law.

Flowserve Corporation (NYSE:FLS) Shares Bought by OppenheimerFunds Inc

July 27, 2017

The stock sank -0.44% last month and is up 22.14 this year. FLS's SI was 9.97M shares in July as released by FINRA. It has underperformed by 7.35% the S&P500. Davidson Inv holds 2.08% or 303,479 shares. North Star Asset Management reported 0.1% in Weyerhaeuser Co (NYSE:WY). 21,400 are held by Intact Invest Mngmt.

Stock On the Run: Fifth Street Finance Corp. (FSC)

July 27, 2017

Fifth Street Finance (NASDAQ: FSC ) previously released its earnings report on early Wed, May 10th. Their average price target spell out an upbeat performance - a -18% and would give FSC a market capitalization of almost $544.55M. Other large investors also recently modified their holdings of the company. Fifth Street Finance Corp. has a one year low of $3.90 and a one year high of $6.32.

$-0.11 EPS Expected for Cameco Corp (USA) (CCJ)

July 27, 2017

The stock increased 2.16% or $0.21 during the last trading session, reaching $10.15. About shares traded. Xcerra Corp (NASDAQ:XCRA) has risen 65.92% since July 26, 2016 and is uptrending. Therefore 100% are positive. According to Finviz reported data, The SMA20 of the stock is at 4.81 percent, SMA50 is 6.29 percent, while SMA200 is -0.16 percent.

Vale Target of Unusually Large Options Trading (NYSE:VALE)

July 27, 2017

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Reliance Trust Co. of DE raised its stake in shares of Vale SA by 40.6% in the first quarter. The basic materials company reported $0.41 earnings per share (EPS ) for the quarter, missing the Thomson Reuters' consensus estimate of $0.48 by $0.07.

EOG Resources, Inc. (EOG) Position Reduced by Tredje AP fonden

July 27, 2017

Kbr Inc. now has $2.17B valuation. The company is now up by 0.43 percent from yesterday's close. About 229,611 shares traded. It is down 0.00% since July 25, 2016 and is. Bridgewater Associates LP continued to hold its position in shares of EOG Resources, Inc. ILLEGAL ACTIVITY WARNING: "EOG Resources, Inc". 05/11/2017 - EOG Resources, Inc.

The Reilly Financial Advisors LLC Increases Stake in Ross Stores, Inc. (ROST)

July 27, 2017

RH, formerly Restoration Hardware Holdings, Inc., is a retailer in the home furnishings marketplace. Insiders own 2.30% of the company's stock. As of January 28, 2017, the Company had two divisions: RH Segment and Waterworks. (NDAQ:ROST) to $70.00 indicating a possible upside of 0.27%. Jackson Wealth Management Llc increased Ross Stores Inc (ROST) stake by 56.88% reported in 2016Q4 SEC filing.

Michael Kors Steps in Line with Jimmy Choo

July 27, 2017

It has underperformed by 16.70% the S&P500. The move comes two months after rival handbag maker Coach struck a deal to buy quirky fashion brand Kate Spade & Co., as so-called affordable luxury companies look at new markets and customer bases to boost flagging sales.

Fidelity National Information Services, Inc. (FIS) Upgraded by BidaskClub to "Buy"

July 27, 2017

In other news, EVP Michael P. Oates sold 266,712 shares of the company's stock in a transaction dated Friday, May 5th. The company had a trading volume of 793,140 shares. Fidelity National Information Services, Inc (FIS) is a financial services technology company. Cooke & Bieler Ltd Partnership reported 2.08% in FNF Group of Fidelity National Financial , Inc.

United Technologies Corporation (UTX) Shares Bought by Lourd Capital LLC

July 27, 2017

United Technologies now has $99.49B valuation. The overall volume in the last trading session was 3.68 million shares. Xact Kapitalforvaltning AB's holdings in United Technologies Corporation were worth $10,221,000 as of its most recent filing with the SEC.

Emerson Electric Company (NYSE:EMR) Position Reduced by Bell Bank

July 27, 2017

It has outperformed by 50.32% the S&P500. UBS upgraded Emerson Electric Co. Benedict Financial Advisors Inc. now owns 46,836 shares of the industrial products company's stock valued at $2,804,000 after buying an additional 262 shares in the last quarter.