Economy / 934

Apple won't build plants in the United States, directly contradicting Trump

July 28, 2017

Supply-chain experts and analysts say the prospect of Apple building one plant in the US -much less three-is highly unlikely. "He called me, and he said they are going forward". Yet, some Apple displays for iPhone and iPad are made in Kentucky by Coring, whilst their processors are made by Samsung in NY and Texas. On the campaign trail, Trump took Apple to task for making so many products overseas.

Project insight information to provide information from Instagram, Facebook post

July 28, 2017

According to a report in Bloomberg , government's " Project Insight", which was built over a period of seven years at a cost of about $156 million may soon be able to catch tax evaders in India by keeping a tab on their social media posts.

United Continental Holdings, Inc. (NYSE:UAL) Lifted to Hold at BidaskClub

July 28, 2017

Its last month's stock price volatility remained 3.06% which for the week stands at 2.03%. The Berkshire Hathaway Inc holds 28.95 million shares with $2.11 billion value, up from 4.53 million last quarter. (NYSE:UAL) in a research note issued to investors on Friday, July 14th. Retirement Sys Of Alabama owns 136,851 shares. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%.

Amazon's 'The Hub' is a delivery locker for residential buildings

July 28, 2017

With Locker, Amazon customers can select any Locker location as their delivery address, and retrieve their orders at that location by entering a unique pick-up code on the Locker touch screen. Amazon Hub comes both in indoor as well as in outdoor versions. It can be expanded with the Expander Segment by additional 23 more compartments. The idea is that will make sure all your deliveries come right to your door, even when you're not home.

Vodafone announces ₹244 plan; for new prepaid customers

July 28, 2017

Instead of this, the Mukesh Ambani-led Reliance Jio has recently extended its "Jio Dhan Dhana Dhan" offer with a new Rs. 399 plan. Jio introduced new plans for both prepaid and postpaid customers in their annual meet starting at Rs. If you're a new 4G Vodafone prepaid user, head to the MyVodafone app to find the FRC plan and take advantage of it. Jio's Rs. 349 plan offers 20GB of data valid for a period of 56 days and a Rs.

Musk reaches new heights with SpaceX value

July 28, 2017

Equidate , a website that provides financial data on privately held companies , confirmed that SpaceX raised $350 million from its latest fund raiser, leading its valuation to soar to $21.2 billion. Hospitality service AirBnb, We Work, a provider of shared workspaces, and analytics firm Palantir also made the cut. Specific figures on privately held companies' valuations are hard to establish, and those numbers are rarely agreed upon by investors, but very few companies are ever suggested ...

Charge over accounting scandal hits BT's profits

July 28, 2017

The news sent BT shares sliding four percent, with the company heading the fallers' board in morning deals on London's FTSE 100 index. The German and French groups bought into BT when they sold their joint venture mobile operator EE to the company.

Molson Coors Brewing Co (TAP) Analysts See $2.07 EPS

July 28, 2017

The stock declined 1.88% or $1.54 reaching $80.49 per share. About 493,366 shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 40.31% since July 27, 2016 and is uptrending. 162.78 million shares or 0.31% more from 162.27 million shares in 2016Q3 were reported. Moreover, Commerzbank Aktiengesellschaft Fi has 0.01% invested in Molson Coors Brewing Co (NYSE:TAP) for 8,491 shares.

Purplebricks Group PLC's (PURP) "Underperform" Rating Reaffirmed at Jefferies Group LLC

July 28, 2017

Sprott Inc.is an alternative asset management company. The company has market cap of $651.11 million. About 40 shares traded. Britvic Plc (LON:BVIC) has 0.00% since July 27, 2016 and is. Point72 Asia (Hong Kong) Ltd reported 18,823 shares or 1.06% of all its holdings. Panmure Gordon reiterated a buy rating and issued a GBX 70 ($0.91) price objective on shares of Speedy Hire Plc in a report on Tuesday, May 16th.

FirstEnergy Corporation (FE) Shares Sold by Exxonmobil Investment Management Inc. TX

July 28, 2017

Strs Ohio now owns 48,365 shares of the utilities provider's stock valued at $1,410,000 after buying an additional 4,911 shares during the period. Oppenheimer Asset Management Inc. Stockholders of record on Monday, August 7th will be paid a $0.36 dividend. The ex-dividend date is Thursday, August 3rd. (NYSE:FE) is up 4.36%, compared with a gain of almost 1.90% for 3 months and about 3.36% for the past 30 days.

Purchases 297277 Shares of Eli Lilly and Company (NYSE:LLY)

July 28, 2017

Separately, Senior Vice President Enrique A. Conterno unloaded 25,000 stocks of the shares in a trade that took place on Thurs, May 4th. Eli Lilly and (NYSE:LLY) last posted its quarterly earnings results on Tuesday, July 25th. The company now has a consensus rating of "Hold" and an average price target of $88.37. The firm earned " rating on Wednesday, April 26 by Credit Suisse.

Independence Realty Trust Inc (NYSE:IRT) Short Interest Down 19.3% in July

July 28, 2017

Independence Realty Trust Inc (NYSEMKT:IRT) has risen 20.69% since July 28, 2016 and is uptrending. It has underperformed by 23.89% the S&P500. Stockholders of record on Thursday, June 15th were issued a $0.93 dividend. Analysts await Education Realty Trust, Inc. The rating was initiated by Evercore on Monday, June 6 with "Hold". The firm has "Overweight" rating given on Monday, October 19 by Barclays Capital.

Archrock (AROC) Earning Somewhat Favorable News Coverage, Analysis Finds

July 28, 2017

Vanguard Group Inc. increased its position in shares of Archrock by 12.1% in the first quarter. Scotiabank set a $15.00 price target on Archrock and gave the company a "hold" rating in a report on Tuesday, June 20th. Analysts anticipate that Archrock, Inc. will post ($0.44) earnings per share for the current year. ILLEGAL ACTIVITY NOTICE: This article was published by Transcript Daily and is the property of of Transcript Daily.

Mallinckrodt PLC (NYSE:MNK) Given News Impact Rating of 0.07

July 28, 2017

Finally, O Shaughnessy Asset Management LLC raised its position in Mallinckrodt PLC by 335.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 3,373 shares of the company's stock worth $150,000 after buying an additional 2,599 shares in the last quarter.

Heska Corporation (HSKA) to Release Earnings on Monday

July 28, 2017

It has outperformed by 145.94% the S&P500. 48965 shares were traded on Heska Corporation's last session. Mason Street Advisors LLC bought a new position in Heska Corporation during the first quarter valued at approximately $144,000. Therefore 50% are positive. HSKA was included in 7 notes of analysts from August 25, 2015. After posting $0.61 EPS for the previous quarter, Heska Corp's analysts now forecast -39.34 % negative EPS growth.

IAG profits surge despite IT failure in May

July 28, 2017

British Airways was hit by a massive IT failure over the second bank holiday weekend in May , causing travel chaos for thousands of holidaymakers , and today IAG said the cost of the additional compensation fees and baggage claims relating to the disruption would be €65m, or £58m.

The Marathon Oil Corporation (MRO) Upgraded to Sell at BidaskClub

July 28, 2017

Several other institutional investors also recently bought and sold shares of MPC. KLR Group reiterated a "buy" rating and issued a $24.00 price objective (down from $26.00) on shares of Marathon Oil Corporation in a report on Saturday, March 11th.

Halliburton paying $29.2 million to settle FCPA violations

July 28, 2017

That kind of pay-to-play business dealing violates bribery statutes in the Foreign Corrupt Practices Act, which establishes how United States companies should operate overseas. Halliburton agreed to pay $14 million in disgorgement plus $1.2 million in prejudgment interest and a $14 million penalty. Halliburton also hired an independent consultant to review its compliance program in Africa.

Barclays sets aside £700m more for PPI claims

July 28, 2017

Barclays has in recent months been shifting its focus to its USA and United Kingdom operations and in June it cut its stake to Barclays Africa Group to just 15 per cent, ending more than nine decades as a major presence there. It also said that the ratio would rise to 13.4 per cent once the full impact of the sale is taken into account. Total revenues decreased 15 per cent to £5.06bn, missing market expectations of around £5.28bn.

Revenue Estimates Analysis Cymabay Therapeutics, Inc. (CBAY)

July 28, 2017

A total volume of 2.63 million shares were traded versus to average volume of 0.81 million shares. CymaBay Therapeutics has a 12 month low of $1.15 and a 12 month high of $8.14. Following the completion of the transaction, the insider now owns 75,891 shares in the company, valued at $557,039.94. The company have shares float of 28.38 million.

ShoreTel, Inc. (SHOR) Downgraded by Northland Securities to "Hold"

July 28, 2017

The company's stock had a trading volume of 41,592,006 shares. State Street Corp boosted its position in shares of ShoreTel by 9.4% in the fourth quarter. The company had revenue of $87.70 million during the quarter, compared to analyst estimates of $84.03 million. During the same period past year, the business posted ($0.06) EPS.

Gambler Billy Walters sentenced to 5 years in insider-trading scheme

July 28, 2017

Billy Walters, a professional sports gambler who travels the country in a private jet, was given the harsh sentence by Manhattan federal judge Kevin Castel, who said Walters, a successful gambler and business owner, was "fixated on appearing to himself and others as a victor".

'Leeds could be among hardest-hit by Brexit'

July 28, 2017

Even if there were a soft Brexit with the United Kingdom retaining a free trade deal with the EU, Aberdeen would stay the worst affected with a decline of 2.1 per cent. Their model did not take into account any effects on cities' economies other than increasing trade costs - such as the impact on foreign investment and migration - nor how individual cities might adjust to them.

US Bancorp (NYSE:USB) Position Boosted by Louisiana State Employees Retirement System

July 28, 2017

Tillys Inc now has $284.44 million valuation. The Stock traded with an actual day volume of 6.3 Million and average volume of 6.05 Million respectively. In related news, Vice Chairman P.W. Parker sold 29,449 shares of the company's stock in a transaction on Tuesday, May 16th. Revenue per share is 11.58.

41% Would Be Interested in Cable's Wireless Options

July 28, 2017

Comcast added 35,000 new high-speed internet business customers during the quarter, and 27,000 customers on its business voice services. Revenue from broadband increased 9.2%. We like what we're doing with Xfinity Mobile . It will be a long road, and I don't see anything in the industry where we envy a position we don't have today.

Holds Position in Arrow Electronics, Inc. (NYSE:ARW)

July 28, 2017

Arrow Electronics, Inc. (NYSE: ARW ) has risen 21.10% since July 26, 2016 and is uptrending. It has underperformed by 96.09% the S&P500. Macquarie Group Ltd. On Wednesday, August 5 the stock rating was maintained by Deutsche Bank with "Sell". As per Tuesday, September 20, the company rating was downgraded by Goldman Sachs.

Arthur J. Gallagher & Co. (AJG) Position Lowered by Accurate Investment Solutions Inc

July 28, 2017

It has outperformed by 30.41% the S&P500. Zacks Investment Research cut shares of Arthur J. Gallagher & Co. from a "hold" rating to a "sell" rating in a report on Wednesday, March 29th. 4: Arthur J. Gallagher & Co." with publication date: July 03, 2017 was also an interesting one. Advisor Prtn Ltd Llc invested in 0.1% or 4,006 shares.

LyondellBasell Industries NV (LYB) Rating Increased to Sell at BidaskClub

July 28, 2017

H&R Block, Inc. (HRB ) is highly profitable for Investors that pay high dividends. For the past 5 days of trading, the stock has seen a move of 0.21%. The specialty chemicals company reported $2.00 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.36 by $0.36. Cincinnati Specialty Underwriters reported 12,333 shares stake.

More than 12000 evacuated due to French wildfires

July 28, 2017

The wildfires have burnt through 7000 hectares of land on the Mediterranean coast. Since noon Tuesday, French firefighters had conducted about 100 operations. Pictures posted on social media showed planes dropping water on the areas burning. "The fire is contained", Frederic Marchi-Leccia of the Var Fire and Emergency Service told reporters of the blaze that has forced many to sleep overnight in gyms and sailing clubs.

Charter Communications, Inc. (CHTR) Upgraded at BidaskClub

July 28, 2017

Telupay International Inc (TLPY) now has a 50-day Moving Average of 0.00, the 200-day Moving Average is 0.00, and the 7-day is noted at 0.00. (NASDAQ:CHTR) are making a strong comeback as they have jumped 49.69% since bottoming out at $233 on August 08, 2016.

(NYSE:LYV) Position Boosted by BB&T Corp

July 28, 2017

Corporate insiders own 4.77% of the company's stock. The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 and 10.34. $257,670 worth of Live Nation Entertainment, Inc. 210,000 shares valued at $6.03 million were sold by Rapino Michael on Wednesday, February 8. Live Nation Entertainment, Inc.is a live entertainment company.

Local Girl Scout one of the first to earn new STEM badge

July 28, 2017

It's vision is for the girls to use their STEM skills to take action and try and change the world. Back in 2011, the Girl Scouts updated their badges for the first time in some 25 years, adding badges for activities such as Digital Movie Maker and Website Designer.

Astec Industries, Inc. (ASTE) Trading Down 0.3% Following Weak Earnings

July 28, 2017

Northwestern Mutual Wealth Mngmt holds 9 shares or 0% of its portfolio. Parametric Portfolio Assocs Limited Liability Company stated it has 0.01% in Astec Industries, Inc. On July 19 the company was set at "Underweight" by Baird which is down from the previous "Outperform" rating. The stock has "Buy" rating by Stifel Nicolaus on Monday, August 31.

Aperio Group LLC Has $32.64 Million Position in Allergan PLC. (AGN)

July 28, 2017

Guyasuta Investment Advisors Inc. increased its position in Allergan PLC .by 43.0% in the first quarter. Enterprise Financial Services Corp now owns 462 shares of the company's stock worth $110,000 after buying an additional 178 shares during the last quarter.

Research Report For Moleculin Biotech, Inc. (MBRX)

July 28, 2017

Shares are clocking price at $2.01 with change of 7.49%. The overall volume in the last trading session was 5.47 million shares. The stock appeared $60.33 above its 52-week highs and is up 1.02% for the last five trades. On the other hand Penn Natl Gaming Inc (NASDAQ:PENN) has Relative Strength Index (RSI 14) of 61.15 along with Average True Range (ATR 14) of 0.54. The stock is now moving with a Positive distance from 200-Day Simple Moving Average of about 24.47% and has no so good Year to ...

Do Institutional Investors Love Muniyield Pennsylvania Insured Fund (NYSE:MPA)?

July 28, 2017

About 2.59M shares traded. Urban Outfitters, (NASDAQ: URBN ) was the recipient of a significant increase in short interest in Jun. It has underperformed by 47.26% the S&P500. Blackrock Muniyield Pennsylvania Quality Fund (NYSE:MPA) institutional sentiment increased to 1.38 in Q4 2016. (NASDAQ:URBN) for 313,973 shares. Gareth Morgan Investments Limited Partnership raised its position in Urban Outfitters by 25.2% in the first quarter.

Chin Han, Pablo Schreiber Join Dwayne Johnson's Skyscraper

July 28, 2017

Skyscraper follows former FBI Hostage Rescue Team leader Will (Johnson), who now assesses security for skyscrapers . Following an overseas mission gone wrong, Ford is wrongfully framed for the destruction of the safest skyscraper ever built.

Pilgrim's Pride Corporation (PPC) Cut to "Sell" at BidaskClub

July 28, 2017

A stock price loss will yield a negatively weighted alpha. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover PPC having a buy-equivalent rating. Volume gives an investor an idea of the price action of a security and whether he should buy or sell the security. LSV Asset Management raised its stake in Pilgrim's Pride Corporation by 61.4% in the first quarter.

NA Maintains Position in BP plc (NYSE:BP)

July 28, 2017

ARGA Investment Management LP now owns 2,586,592 shares of the oil and gas exploration company's stock valued at $89,288,000 after buying an additional 92,335 shares during the period. (NYSE:BP) last announced its quarterly earnings data on Tuesday, May 2nd. The expected BP's profit could reach $2.27 billion giving the stock 12.66 P/E in the case that $0.69 earnings per share is reported.

Stocks hit fresh record highs

July 28, 2017

On the Nasdaq, 1,415 issues rose and 1,217 fell. Advancing issues outnumbered decliners on the NYSE by 1,391 to 1,300. The S&P 500 rose 2 points to 2,480 points and the Nasdaq increased 27 points to 6,450 points. (EXPE), Intel Corp.(INTC), Starbucks Corp.(SBUX) and Mattel Inc.(MAT). US -listed shares of AstraZeneca lost $5.06, or 14.9 percent, to $28.88. Health care stocks were also weak, and drugmaker AstraZeneca sank after it said its lung cancer drug Imfinzi did not reach its ...

Preferred Apartment Communities Inc. (APTS) Lowered to Buy at BidaskClub

July 28, 2017

The stock's market cap is $509.20 million. The Company is formed primarily to acquire and operate multifamily properties in select-targeted markets throughout the United States. Communities's analysts are positive. Out of 6 Wall Street analysts rating Preferred Apt. Communities (NYSE:APTS), 5 have Buy rating, 0 Sell and 1 Hold.

TTM Technologies, Inc. (NASDAQ:TTMI) Receives $20.00 Average Target Price from Analysts

July 28, 2017

The value of the company's investment in TTM Technologies, Inc. decreased from $52,571,000 to $47,287,000 decreasing 10.1% quarter over quarter. Teachers Retirement Of The State Of Kentucky invested in 23,000 shares or 0% of the stock. From the start of year 2017 to present date TTMI reported surged performance of 41.82%. Finally, BidaskClub raised shares of TTM Technologies from a "buy" rating to a "strong-buy" rating in a report on Monday.

Active Volume Stock: SUPERVALU Inc. (SVU)

July 28, 2017

In recent action, SUPERVALU Inc . Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. SuperValu had a net margin of 4.34% and a negative return on equity of 88.07%.

Curtiss-Wright Corporation (NYSE:CW) Issues FY17 Earnings Guidance

July 28, 2017

The company has market cap of $720.68 million. It is 0.00% or $0 reaching $1.7 per share. The company's stock had a trading volume of 109,156 shares. HealthSouth Corp (HLS) has risen 15.04% since July 26, 2016 and is uptrending. Shares for $253,511 were sold by Ferdenzi Paul J on Wednesday, February 8. On 2/21/2017 Glenn E Tynan, VP, sold 7,729 with an average share price of $98.05 per share and the total transaction amounting to $757,828.45.

Nigeria halts oil search in Lake Chad Basin due to terror attacks

July 28, 2017

Sources told the BBC that more than 40 people, majority soldiers and volunteers from a vigilante group, had been killed in total - although other sources suggest the number killed may rise further still. This means it wasn't a rescue. Ahmed Mohammed, a spokesperson at the university, said four staff members from the university are still missing. According to Punch, Sources at the UMTH and the Maimalari Army Barrack confirmed that the corpses were brought into Maiduguri from the scene of ...

Proofpoint (PFPT) Earning Somewhat Positive News Coverage, Report Shows

July 28, 2017

The company had a trading volume of 1,457,187 shares. Ftb owns 90 shares. Proofpoint has a one year low of $67.50 and a one year high of $94.33. It has outperformed by 35.54% the S&P500. Manufacturers Life Insur The stated it has 27,609 shares or 0% of all its holdings. 590,821 shares or 0.05% more from 590,519 shares in 2016Q3 were reported.

Nuance Communications, Inc. (NUAN) Rating Lowered to Strong Sell at BidaskClub

July 28, 2017

Several research firms have weighed in on NUAN . On average, equities research analysts predict that Nuance Communications will post $1.11 earnings per share for the current fiscal year. shares traded was 1890749. (NASDAQ:NUAN). 263,556 are owned by Susquehanna International Group Llp. IFP Advisors Inc boosted its position in Nuance Communications by 5.1% in the first quarter.

NCI Building Systems (NCS) Receiving Somewhat Positive News Coverage, Accern Reports

July 28, 2017

September 1 investment analysts at Stephens & Co. made no change to the stock rating of "Overweight" and lowered the price expectation from $18.00 to $13.00. Seaport Global has "Buy" rating and $20 target. (NYSE:NCS) opened at 17.95 on Thursday. Price T Rowe Assoc Md stated it has 0% of its portfolio in NCI Building Systems Inc (NYSE:NCS).

Energy Transfer Equity LP: Energy Transfer Partners Announces Quarterly Cash Distribution

July 28, 2017

The stock had a trading volume of 456,924 shares. It has underperformed by 36.98% the S&P500. It also reduced Facebook Inc (NASDAQ:FB) stake by 3,727 shares and now owns 183,435 shares. Stifel Nicolaus began coverage on Energy Transfer Equity, L.P.in a research note on Thursday, July 13th. 27,721 are owned by Cypress Asset Management Tx.

Regulus Therapeutics (NASDAQ:RGLS) Earning Somewhat Negative News Coverage, Report Shows

July 28, 2017

During its last trading session, Stock traded with the total exchanged volume of 3.04 million shares. Analysts await Regulus Therapeutics Inc (NASDAQ:RGLS) to report earnings on August, 1. Capstone Asset stated it has 7,199 shares. Pillar Pacific Mngmt Lc invested in 7,900 shares. Regulus Therapeutics Inc .is now trading 20.12% above its 20-day and -33.68% versus the 200-day simple moving averages while 2.25% compared with its 50-day simple moving average.

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