Economy / 902

Flood in Russian diamond mine leaves 9 people missing

August 04, 2017

The water flooded into the mine shaft from an open-cast mine above it earlier on Friday. No casualties have been reported so far. The Mir mine is one of Alrosa's largest diamond deposits. Its Mir underground mine was launched in 2009. Risks for Alrosa's total output are limited because its other mines can increase production if needed, Nikolay Sosnovskiy, an analyst at Prosperity Capital Management, said.

Should You Follow Analyst Rating?: The Goodyear Tire & Rubber Company (GT)

August 04, 2017

A number of institutional investors have recently made changes to their positions in the company. Amalgamated Bank now owns 7,719 shares of the company's stock worth $342,000 after buying an additional 770 shares during the last quarter. The ex-dividend date is Friday, July 28th. On 5/5/2017 announced a quarterly dividend of $0.11 1.08% with an ex dividend date of 5/30/2017 which will be payable on 6/1/2017.

MGM Resorts International (MGM) showed unconvincing performance of -2.69% — Intermediate downward Trend

August 04, 2017

We have $5.44 PT which if reached, will make NYSE:FIT worth $65.50M less. About 3.22 million shares traded. About 104,027 shares traded. First Republic Invest Mngmt has invested 0.01% in Dicks Sporting Goods Inc (NYSE:DKS). Melvin Management L P has invested 1.87% in MGM Resorts International (NYSE:MGM). Sandy Spring National Bank holds 767 shares. The ratio analysis is selected to dugout more clear and detail views about MGM as a ratio analysis is a quantitative analysis of information ...

Lena Dunham Calls Out Airline Attendants' Transphobia

August 04, 2017

Replying to her tweet, American Airlines urged Dunham to message the company. The conversation between the American Airlines attendants was nothing but transphobic. "Every day, our team members work to make American a place where people of all generations, races, ethnicities, genders, sexual orientations, religious affiliations and backgrounds feel welcome and valued".

IShares MSCI Germany Index Fund (EWG) Shares Moving On Volume

August 04, 2017

This makes pullbacks to the MAMA and FAMA suitable with-trend entry areas. The ATR basically measures the volatility of a stock on a day-to-day basis. The mindset of a short-term trader may differ greatly from that of a long-term investor. Wilder introduced RSI in his book "New Concepts in Technical Trading Systems" which was published in 1978.

Twitter Inc (NYSE:TWTR), Vipshop Holdings Ltd - ADR (NYSE:VIPS)

August 04, 2017

The firm owned 387,172 shares of the technology company's stock after selling 14,575 shares during the period. Beta factor was calculated at 1.92. A beta below 1 might indicate that the stock is less volatile than the market. Likewise, the negative performance for the quarter was recorded as -15.31% and for the year was -16.04%, while the YTD performance remained at 5.99%.

Electro Scientific Industries, Inc. (ESIO) Downgraded to Hold at BidaskClub

August 04, 2017

Lexington Realty Tr now has $2.43B valuation. About 1.26 million shares traded or 872.75% up from the average. It has underperformed by 1.04% the S&P500. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electro Scientific Industries, Inc.

Creative Planning Has $716000 Position in Horizon Pharma PLC (HZNP)

August 04, 2017

Beach Point Capital Management Lp sold 949,207 shares as Horizon Pharma Plc (HZNP)'s stock declined 38.11%. It has underperformed by 44.83% the S&P500. Moreover, Citadel Advsrs has 0.01% invested in Horizon Pharma PLC (NASDAQ:HZNP) for 394,909 shares. Architects accumulated 0% or 697 shares. Susquehanna Grp Llp owns 771,212 shares or 0.01% of their USA portfolio.

$392.48 Million in Sales Expected for Heico Corporation (HEI) This Quarter

August 04, 2017

Liberty Mutual Asset Mngmt accumulated 37,261 shares or 0.04% of the stock. Blackrock Advisors Llc holds 0% in Heico Corp (NYSE:HEI) or 11,858 shares. The firm earned "Buy" rating on Thursday, January 19 by SunTrust. Canaccord Genuity maintained the stock with "Buy" rating in Tuesday, May 23 report.

Ironwood Financial llc Cuts Stake in Wells Fargo & Company

August 04, 2017

Wells Fargo & declared that its Board of Directors has initiated a stock buyback plan on Wednesday, June 28th that allows the company to repurchase $11.50 billion in shares. New York-based Natl Bank Of Ny Mellon Corp has invested 0% in PGT Innovations Inc (NYSE:PGTI). Earnings per share serves as an indicator of a company's profitability.

General Electric Company (GE) is Daniel Devine & Co's 8th Largest Position

August 04, 2017

Finally, RidgeWorth Capital Management LLC increased its position in shares of General Electric by 1.2% in the fourth quarter. Riverpoint Wealth Management Holdings LLC purchased a new position in shares of General Electric during the fourth quarter valued at about $264,000.

Mattel's (NASDAQ:MAT) "Hold" Rating Reiterated at Stifel Nicolaus

August 04, 2017

The institutional investor held 454,400 shares of the consumer non-durables company at the end of 2016Q4, valued at $12.52 million, up from 300,000 at the end of the previous reported quarter. On average, equities research analysts expect that Mattel, Inc . will post $0.80 earnings per share for the current fiscal year. Stockholders of record on Wednesday, August 23rd will be paid a dividend of $0.15 per share.

Research Report on: Cenovus Energy Inc. (CVE)

August 04, 2017

For this relative risk measurement, CVE has beta value of 0.63. Co now owns 472,349 shares of the oil and gas company's stock worth $3,480,000 after buying an additional 31,849 shares during the last quarter. Cormark also issued estimates for Cenovus Energy's Q3 2018 earnings at $0.13 EPS and FY2019 earnings at $0.72 EPS. The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th.

What's that smell? Sewer water sprays onto luggage at airport

August 04, 2017

The overflowing water went down a drain and seeped through the ceiling, dripping onto bags from a Southwest flight. Southwest's employees "identified which bags may have been affected" and are 'proactively contacting customers, processing bags and reuniting customers with their luggage'.

Shake Shack traffic falls 4.3 percent

August 04, 2017

Cowen and Company lowered their price objective on shares of Shake Shack from $37.00 to $35.00 and set a market perform rating for the company in a research report on Friday, May 5th. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & worldwide trademark & copyright laws.

Yelp soars in after hours on second quarter results, Eat24 sale

August 04, 2017

Vanguard Group Inc. owned approximately 7.17% of Yelp worth $186,793,000 as of its most recent SEC filing. Yelp Inc . (NYSE: YELP ) stock shows shows upbeat performance surges of 27.06% and traded at a price of $39.86 in preceding trading session.

Volkswagen Group to recall millions of diesels for NOx fix

August 04, 2017

In 2015, news emerged in the US of Volkswagen's use of software that turned off emissions controls. The carmaker also said the update - claimed by CEO Matthias Müller to "significantly reduce NOx emissions and significantly improve air quality" - will be "on offer soon".

Barclays PLC Analysts Give McDonald's Corporation (MCD) a $164.00 Price Target

August 04, 2017

The count of Hold ratings in that period was 0. As per Friday, August 5, the company rating was upgraded by KeyBanc Capital Markets. Telemus Ltd Com has 0.08% invested in McDonald's Corporation (NYSE: MCD ) for 4,942 shares. Deutsche Fincl Bank Ag reported 0.01% stake. McDonald's Corporation had 87 analyst reports since September 29, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Wednesday, November 11 by RBC Capital Markets.

Stock Traders Buy High Volume of Schlumberger NV Put Options (NYSE:SLB)

August 04, 2017

Norges Bank acquired a new stake in Schlumberger N.V. during the fourth quarter valued at $1,178,888,000. Invesco Limited holds 0.02% in Radian Group Inc (NYSE:RDN) or 3.41 million shares. WCM Investment Management CA now owns 669,402 shares of the oil and gas company's stock worth $44,073,000 after buying an additional 122,179 shares during the last quarter.

A Look at Price Fluctuation of Sirius XM Holdings I (SIRI)

August 04, 2017

Since the beginning of the calendar year, the stock is 27.64%. The stock is now showing YTD performance of 26.74 Percent. Box, Inc. (NYSE:BOX)'s stock on Thursday traded at beginning with a price of $18.80 and when day-trade ended the stock finally moved down -0.32% to reach at $18.74.

Active Volume Stock: Kinder Morgan, Inc. (KMI)

August 04, 2017

Buckingham Asset Management Llc increased its stake in At&T Inc (T) by 18.51% based on its latest 2016Q4 regulatory filing with the SEC. Several other institutional investors also recently modified their holdings of the company. will post $0.64 earnings per share for the current year. Finally, TD Securities reiterated an action buy list rating and issued a C$26.00 price objective on shares of Kinder Morgan Canada in a report on Tuesday, June 20th.

Encana Corporation (NYSE:ECA) Upgraded to Outperform at AltaCorp Capital

August 04, 2017

TD Securities reissued a hold rating and issued a C$18.00 price target on shares of Encana Corp in a research note on Wednesday, May 3rd. AltaCorp Capital upgraded shares of Encana Corp from a "sector perform" rating to an "outperform" rating in a research note on Monday.

Holly Energy Partners, LP (NYSE:HEP) Reviewed By Analysts

August 04, 2017

It has underperformed by 20.02% the S&P500. The New York-based Needham Investment Management Llc has invested 1.05% in the stock. Renaissance Technologies LLC now owns 74,851 shares of the pipeline company's stock valued at $2,400,000 after buying an additional 40,951 shares in the last quarter.

Comerica Bank Has $35.25 Million Position in Bristol-Myers Squibb Company (BMY)

August 04, 2017

Shares of Bristol-Myers Squibb Company ( BMY ) opened at 55.78 on Friday. It has underperformed by 39.89% the S&P500. Ccm Investment Advisers Llc decreased Procter & Gamble (PG) stake by 8.65% reported in 2016Q4 SEC filing. The firm has "Outperform" rating by Credit Suisse given on Monday, May 9. Vetr upgraded Bristol-Myers Squibb from a "buy" rating to a "strong-buy" rating and set a $64.33 target price on the stock in a report on Wednesday, July 26th.

Traders Buy Shares of Walt Disney Company (The) (DIS) on Weakness

August 04, 2017

During the latest trading session Dean Foods Company (NYSE:DF) stock went up with a prior 52-week high of $22.31. 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.

Plains Group Holdings, LP (NYSE:PAGP) Receives An Update From Brokers

August 04, 2017

Other large investors have also modified their holdings of the company. Ancora Limited Liability Corporation owns 0% invested in Plains All American Pipeline, L.P. Analysts expect next quarter's EPS will be $0.36 with next year's EPS anticipated to be $1.84. Plains Group Holdings, L.P.'s quarterly revenue was up 62.2% compared to the same quarter a year ago.

Government review could mean early end for Help to Buy

August 04, 2017

An article in Property Week said the government had begun a review of the scheme which could result in it being wound down or replaced before its scheduled end in April 2021. Housebuilders have been rocked recently as it appeared the government was moving towards banning the sale of new-build homes under leasehold instead of freehold, in order to prevent the unacceptable fees and costs from the landowner that have been widespread in the industry.

Volkswagen executive pleads guilty in U.S. in diesel emissions scandal

August 04, 2017

He is charged with conspiracy and fraud. Schmidt would be the second VW employee to plead guilty, after former company engineer James Liang admitted a year ago to helping devise the defeat devices. Cox in March denied Schmidt a pretrial bond release. Schmidt had been arraigned Thursday on revised charges and stood mute to charges. It pleaded guilty in March and agreed to pay $4.3 billion in penalties, on top of billions more to buy back cars.

New Brunswick's jobless rate tumbles to 6.5% as thousands leave labour force

August 04, 2017

This was the lowest rate since October 2008 and compared with consensus forecasts of 6.5%, although there was a decline in the participation rate on the month. Nationally, the economy added almost 11,000 jobs last month to bring the unemployment rate down to 6.3%, from 6.5% in June. The IT sector, wholesale and retail trade, and manufacturing sectors added jobs, while the education sector, public administration and agriculture sectors lost jobs.

Next Gen Hyundai Verna Unveiled In India; Launch On 22 August

August 04, 2017

This is more than three times what is on offer with other manufacturers. Next Gen Verna will create a disruption in the sedan segment with its benchmark features and performance for customers' delight. Quality of plastic parts, and knobs and controls get a big jump in touch and feel quality. The screen display is sharp, but lacked responsiveness. Touch and feel of interiors is good.

USA trade deficit falls more quickly than expected in June

August 04, 2017

Markets were anticipating a C$1.25 billion trade shortfall in June, according to economists at Royal Bank of Canada. The report said the trade deficit narrowed to $43.6 billion in June from $46.4 billion in May. Canada's monthly trade data covers the export and import of goods, and doesn't include services. Imports of goods and services slipped 0.2 percent to $238.0 billion in June.

Stamps.com Inc. (STMP) Shares Bought by Fisher Asset Management LLC

August 04, 2017

Jcsd Capital Llc sold 8,000 shares as the company's stock declined 7.26% while stock markets rallied. BlackRock Inc. now owns 1,880,475 shares of the software maker's stock valued at $222,554,000 after buying an additional 1,879,168 shares in the last quarter.

ARGI Investment Services LLC Takes Position in Eli Lilly and Company (LLY)

August 04, 2017

These ratios are important while doing valuation of the company or the shares of the company. It is up 12.65% since August 3, 2016 and is uptrending. The average 1-year price target for (TWX) reveals an average price target of $105.72 per share. Also, VP Michael J. Harrington sold 22,833 shares of Eli Lilly and stock in a transaction that occurred on Friday, June 9th.

NA Has $610000 Stake in MGIC Investment Corporation (MTG)

August 04, 2017

Mgic Invt Corp Wis now has $4.40B valuation. MGIC Investment Corporation (NYSE:MTG) opened at 11.60 on Friday. About 2.50M shares traded. It improved, as 36 investors sold ABIOMED, Inc. (NYSE:MTG). Clearbridge Investments Limited Liability owns 5.77 million shares. Aspiriant Lc has invested 0.01% in MGIC Investment Corp. (NYSE:MTG) for 12,076 shares.

Allscripts Announces Upward Adjustments To Non-GAAP Revenue Target For 2017

August 04, 2017

The firm's quarterly revenue was up 10.2% on a year-over-year basis. Campbell & CO Investment Adviser LLC purchased a new position in Allscripts Healthcare Solutions, Inc. First Trust Advisors LP now owns 5,855,944 shares of the software maker's stock worth $74,253,000 after buying an additional 1,898,007 shares during the last quarter.

HSBC Holdings plc Reiterates €18.50 Price Target for Deutsche Telekom AG (DTE)

August 04, 2017

Net profit in the second quarter climbed more than 40.7 percent to 874 million euros from 621 million euros past year. T-Mobile US once again posted industry-leading growth rates in revenue and earnings. In Germany, sales were up 0.6 percent to €5.4 billion as growth in broadband and TV subscribers offset a decline of 103,000 mobile subscribers. The German company slightly nudged up its 2017 outlook for adjusted EBITDA to around 22.3 billion euros from 22.2 billion previously.

Blueknight Energy Partners LP, LLC (BKEP) Valuation According To Analysts

August 04, 2017

Incorporated (NYSE:CRM) had a decrease of 2.36% in short interest. BKEP's SI was 23,200 shares in August as released by FINRA. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since August 2, 2016 and is downtrending. Van Hulzen Asset Mngmt stated it has 14,535 shares or 0.07% of all its holdings. Among 18 analysts covering Enbridge Energy Partners (NYSE:EEP), 7 have Buy rating, 0 Sell and 11 Hold.

Nabors Industries Ltd. (NBR) Declares Quarterly Dividend of $0.06

August 04, 2017

Dimensional Fund Advisors LP now owns 19,723,712 shares of the oil and gas company's stock valued at $257,786,000 after buying an additional 1,053,328 shares during the last quarter. If you are viewing this piece on another site, it was copied illegally and republished in violation of U.S. & global copyright & trademark law. The original version of this piece can be viewed at https://www.thestockobserver.com/2017/08/03/nabors-industries-ltd-nbr-declares-quarterly-dividend-of-0-06.html.

Chinese Chatbots Must Pledge Loyalty to the Communist Party or Face 'Adjusting'

August 04, 2017

BabyQ simply replied: "No". Before it was pulled from QQ, Microsoft's Xiaobing reportedly told users that its "China dream is to go to America". Yet another chatbot responded with "I'm having my period, wanna take a rest", when asked about patriotism.

Precision Drilling Corporation (NYSE:PDS) Receives Buy Rating from Cowen and Company

August 04, 2017

A number of other equities research analysts have also recently commented on PDS . CIBC lifted their price target on shares of Precision Drilling from C$8.00 to C$11.00 in a research report on Thursday, July 20th. For the current year the company's revenue estimates are $1.05 Billion compared to low analyst estimates of $997.98 Million and high estimates of $1.11 Billion according to the prediction of 19 analysts.

Watts Water Technologies, Inc. (WTS) Shares Sold by Goldman Sachs Group Inc

August 04, 2017

Deutsche Bank initiated the stock with "Hold" rating in Friday, October 30 report. The firm earned "Neutral" rating on Thursday, August 6 by Equinet. (NYSE:DSW). Paloma Prtn Management invested in 0.02% or 75,402 shares. California-based Eqis Capital Mgmt has invested 0.02% in Watts Water Technologies Inc (NYSE:WTS).

OnTheMarket takes on Zoopla with float plan

August 04, 2017

The money will be spent on a "heavyweight" advertising campaign on television, and in digital and print media. It is seeking a valuation on listing of between £200mln and £250mln. LONDON-Agents' Mutual Ltd, the operator of an online home sales portal set up by estate agents to compete with industry leaders Rightmove PLC (RMV.LN) and ZPG PLC (ZPG.LN), on Friday announced plans to float on London's Alternative Investment Market.

Sells 69318 Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC)

August 04, 2017

Alliancebernstein L.P. now owns 9,044,942 shares of the company's stock worth $204,235,000 after buying an additional 1,774,446 shares during the last quarter. The company's revenue was down 2.8% compared to the same quarter a year ago. The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th.

International Business Machines Corporation

August 04, 2017

Horan Securities Inc. now owns 936 shares of the technology company's stock valued at $144,000 after buying an additional 837 shares during the last quarter. Stockholders of record on Thursday, August 10th will be given a $1.50 dividend. Investors sentiment increased to 0.79 in Q4 2016. Its the same as in 2016Q3.

USA economy creates 209000 jobs in July

August 04, 2017

The leisure and hospitality industry added 62,000 jobs last month, or almost one in every three jobs created, led by restaurants. A more encompassing rate that includes discouraged workers and the underemployed was unchanged at 8.6 percent.

Insider Trading at Avnel Gold Mining Limited?

August 04, 2017

Harmony Gold Mining Company Limited has a 12 month low of $1.56 and a 12 month high of $4.79. 2 analysts on average are expecting the company to report revenue of $1.48 Billion for the current quarter. Harmony Gold Mining Company Limited earned a news impact score of 0.10 on Accern's scale. Among 6 analysts covering Harmony Gold Mining (NYSE: HMY ), 0 have Buy rating , 2 Sell and 4 Hold.

ADP Board Rejects Pershing's Request To Extend Director Nomination

August 04, 2017

Pershing earlier informed ADP that it is seeking effective control of the company through five Board seats at ADP's 2017 Annual Meeting as well as a CEO change. "ADP is open to constructive input from our shareholders, and our board respects the right of shareholders to nominate directors", ADP said in a statement.

IAC/InterActiveCorp (NASDAQ:IAC) Announces Earnings Results

August 04, 2017

Canada Pension Plan Investment Board increased its stake in IAC/InterActiveCorp by 44.3% in the second quarter. The Highfields Capital Management Lp holds 4.22M shares with $273.17M value, down from 4.44M last quarter. In terms of earnings per share , 19 analysts have a 0.95 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 19 analysts have a 1.16 EPS mean target and for the quarter ending Dec-17 there are 18 estimates of 3.06 EPS.

Class 5, 8 students can be failed says Union Cabinet

August 04, 2017

As per the change in the provision, the student will be first given an additional chance to clear the exam, for which they will also be provided with coaching. If and when the new policy comes into play, it will be up to the states to decide whether to detain students in classes 5th and 8th by holding these examinations.

Arista Networks beats Street 2Q forecasts

August 04, 2017

Finally, IFP Advisors Inc raised its stake in shares of Arista Networks by 16.5% in the first quarter. Credit Suisse AG now owns 62,634 shares of the technology company's stock worth $8,285,000 after buying an additional 859 shares during the last quarter.

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