Economy / 918

Turnpike lanes reopening early in Boston amid bridge work

August 07, 2017

In fact, the Massachusetts Department of Transportation (MassDOT) has announced that this part of the Commonwealth Avenue Bridge Project is nearly three weeks ahead of schedule. According to Acting Highway Administrator Jonathan Gulliver, a 440-ton crane that was at the construction site was able to be moved early, opening up the highway.

WhatsApp to receive yet another Facebook feature - coloured status updates

August 07, 2017

Users will be able to click on that icon to upload coloured text statuses. The report notes that this is probably a server-side test, which means the feature might not necessarily be available for all even if they're on the latest version of the app .

Liberty Property Trust (LPT) Receives Consensus Recommendation of "Hold" from Analysts

August 07, 2017

BlackRock Inc. raised its position in Essex Property Trust by 2,296.8% in the first quarter. The firm's revenue for the quarter was down 1.9% compared to the same quarter previous year. The Trust's assets are owned directly or indirectly, and substantially all of the Trust's operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership).

Kemet Corporation (NYSE:KEM) Valuation According To Analysts

August 07, 2017

Dimensional Fund Advisors LP boosted its position in Kemet Corporation by 12.3% in the fourth quarter. Shares of Kemet Corp (NYSE:KEM) now have an Average Brokerage Recommendation of 2, number of Recs in ABR is 2 while industry rank of the company by ABR is out of 265.

Aspen Technology (AZPN) Earns News Sentiment Rating of 0.19

August 07, 2017

About 6.30M shares traded or 92.66% up from the average. Viveve Medical Inc (NASDAQ:VIVE) has risen 5.85% since August 4, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Therefore 25% are positive. Finally, BidaskClub lowered Aspen Technology from a "strong-buy" rating to a " buy" rating in a research note on Tuesday, July 25th.

Baxter International Inc. (BAX) Shares Sold by Russell Investments Group Ltd.

August 07, 2017

The fund owned 6,459 shares of the medical instruments supplier's stock after buying an additional 3,183 shares during the period. After $-0.05 actual earnings per share reported by Conn's Inc for the previous quarter, Wall Street now forecasts -80.00% EPS growth.

Sneijder set to complete OGC Nice move

August 07, 2017

The 34-year-old Dutchman is a free agent after his contract with Galatasaray was terminated early by mutual consent. Nice Matin also reported that the player had already arrived at the French city's airport. Sneijder was released by Galatasaray last month after four seasons with the Turkish Super Lig giant. Speculation that the Netherlands global was close to joining Nice intensified when his agent Guido Albers was spotted at the club's Allianz Arena for their Champions League clash ...

CBA blames coding error for alleged money laundering

August 07, 2017

Some of the transactions were made by criminal gangs laundering millions of dollars , and even some possible terrorists, Austrac alleges. "The vast majority of the reporting failures alleged in the ( AUSTRAC ) statement of claim relate specifically to this coding error", it said, adding that a defence would be filed in due course.

Franco-Nevada Corporation (NYSE:FNV) Set to Announce Quarterly Earnings on Tuesday

August 07, 2017

On average, analysts predict that Franco-Nevada Corporation will post $0.97 EPS for the current year. After $0.25 actual earnings per share reported by Franco Nevada Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Handsome Her cafe in Brunswick, Melbourne charges men 18% 'gender gap' surcharge

August 07, 2017

Handsome Her , located in Brunswick in Melbourne's inner north, is the brainchild of self-styled "big greenie" Alex O'Brien who calls her cafe 'for women, by women'. According to Seven News , the 18 per cent premium runs for just one week a month and is completely optional, though no one has refused to pay so far.

VW Executive Scheduled To Plead Guilty In Emissions Scandal

August 07, 2017

Schmidt is a former manager of a VW engineering office in suburban Detroit. He will be sentenced December 6. A second count of giving false statement under the Clean Air Act carries a possible sentence of up to two years in prison. The auto would then limit the emissions until the test was done. The terms of Schmidt's plea agreement are not clear at the moment. Back on the road, the EPA says the affected cars were putting up to 40 times as many pollutants into the atmosphere as environmental ...

Telemus Capital LLC Sells 3521 Shares of HSBC Holdings PLC

August 07, 2017

HSBC Holdings plc was downgraded to " by analysts at Berenberg Bank. The firm's 50-day moving average price is $46.67 and its 200 day moving average price is $43.17. Credit Suisse Group reaffirmed a "neutral" rating and issued a GBX 600 ($7.91) target price on shares of HSBC Holdings plc in a report on Thursday, April 6th.

RSP Permian, Inc. (NYSE:RSPP) Receives Average Rating of "Buy" from Brokerages

August 07, 2017

The lower end of the projection is $0.06 per share, while the higher end is $0.29 per share. Mutual of America Capital Management LLC now owns 58,530 shares of the oil and natural gas company's stock worth $2,425,000 after buying an additional 598 shares during the last quarter.

America Apartment Communities, Inc. (MAA) Releases FY17 Earnings Guidance

August 07, 2017

APG Asset Management N.V. held its position in Mid-America Apartment Communities, Inc. Hedge funds and other institutional investors own 92.22% of the company's stock. This represents a $3.48 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend was Wednesday, July 12th. Preferred Apartment Communities (NYSE:APTS) has been the object of insider buying and selling activity recently.

Travel disruption faces Windsor rail users

August 07, 2017

In what is one of the biggest investments to the railway for decades, platforms will be extended to allow for longer trains and four extra platforms will be brought back into use. Commuters face severe rail disruption after nearly half of the platforms at the UK's busiest train station closed for a major overhaul. Passengers hoping to take a leisure trip on the final public holiday before Christmas will find major changes to services out of London Bridge, London Euston, London Liverpool ...

Packaging Corporation of America

August 07, 2017

Korea Investment CORP increased its stake in Bank of America Corporation by 0.5% in the second quarter. Several other institutional investors have also added to or reduced their stakes in the stock. The ex-dividend date of this dividend was Tuesday, June 13th. Packaging Corporation of America's dividend payout ratio (DPR) is presently 48.56%. This buyback authorization permits the financial services provider to purchase up to 4.8% of its stock through open market purchases.

De Blasio wants to tax these New Yorkers to improve the MTA

August 07, 2017

The new tax would raise about $700 million to $800 million per year, with more than $500 million going toward capital costs for subways and buses and about $250 million for the half-price MetroCard program, city officials said. Subway delays are said to have tripled in the past five years; in one particularly gruesome incident this past June, a southbound F train was stalled for 45 minutes without lights or air conditioning.

Dimensional Fund Advisors LP Buys 690266 Shares of Chesapeake Energy Corporation (CHK)

August 07, 2017

William Blair Investment Management, LLC grew its holdings by buying 51,898 shares an increase of 21.9% in the quarter. Vanguard Group Inc. now owns 91,145,308 shares of the oil and gas exploration company's stock worth $541,403,000 after buying an additional 6,948,058 shares during the period.

Wellcare Health Plans Inc Sentiment Increases on Better Stock Potential

August 07, 2017

Therefore 55% are positive. The lowest target is $147.0 while the high is $168.0. They set an "equal weight" rating and a $183.00 price target for the company. 6,000 shares were sold by Campos Roel C , worth $860,445. In other news, CFO Andrew Lynn Asher sold 7,314 shares of the business's stock in a transaction that occurred on Wednesday, June 14th.

Independent Bank Corp. (NASDAQ:INDB) Experiences Light Trading Volume

August 07, 2017

Schwab Charles Investment Management Inc grew its position by buying 1,215 shares an increase of 1.0% in the quarter. Mesirow Financial Investment Management Equity Management now owns 280,443 shares of the bank's stock worth $18,031,000 after buying an additional 274,253 shares during the last quarter.

Phillips 66 Partners LP (PSXP) Rating Increased to Overweight at Barclays PLC

August 07, 2017

Freestone Capital Holdings Llc, which manages about $1.16B US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 14,443 shares to 112,603 shares, valued at $4.08 million in 2016Q4, according to the filing. 09/30/2016 - Mizuho began new coverage on Phillips 66 Partners LP giving the company a "buy" rating. Royal Bank Of Canada reiterated a "hold" rating and issued a $87.00 target price on shares of Phillips 66 in a research report on Thursday, April 20th.

Garland Capital Management Inc. Takes Position in Verizon Communications Inc. (VZ)

August 07, 2017

Given that liquidity is king in short-term, VZ is a stock with 4.08 billion shares outstanding that normally trades 0.75% of its float. Argent Trust owns 1.22% invested in Verizon Communications Inc. Verizon Communications accounts for approximately 0.9% of Mitsubishi UFJ Trust & Banking Corp's portfolio, making the stock its 16th largest position.

Seaspan Corporation (SSW) Downgraded by BidaskClub to "Hold"

August 07, 2017

The company beat the analyst EPS Estimate with the difference of $0.02. FT reports, The 10 analysts offering 12 month price targets for Seaspan Corporation have a median target of 7.50, with a high estimate of 20.00 and a low estimate of 5.50.

Income Tax: Failed to file ITR yesterday? File belated return now

August 07, 2017

If an individual fails to file the income tax return by the due date, then as per section 139 (4) of the income tax he can file a belated return. But the only difference is that you have to file ITR under section 139 (4) instead of filing your ITR under section 139 (1).

Navy officer detained over bomb hoax in AI flight

August 07, 2017

Jodhpur: An Air India flight to Delhi from the Jodhpur Civil Airport was delayed by over three hours today following a bomb threat which turned out to be a hoax, officials said. Finally after the announcement of the taking off, all the passengers were permitted to board the flight, which took off at 6.30 p.m. Khare said that the usual route of this flight is Delhi to Jodhpur and back to Delhi.

MKMVA: We have a right to know how MPs vote in Parliament

August 07, 2017

Zuma faces the no confidence motion on August 8, the ninth time the opposition will have tried to unseat him by peeling off dissidents from the ruling African National Congress (ANC) party, whose majority has so far protected him by closing ranks.

Brokerages Set $45.50 Target Price for Johnson Outdoors Inc. (JOUT)

August 07, 2017

North Star Investment Management Corp sold 17,050 shares as Johnson Outdoors Inc Cl A (JOUT)'s stock rose 31.78%. Finally, Acrospire Investment Management LLC purchased a new position in Johnson Outdoors during the first quarter valued at approximately $122,000.

TSB investigating after 2 passenger planes clipped wings at Pearson Airport

August 07, 2017

The Polish Airlines Boeing 787 Dreamliner was at the gate with passengers boarding and its winglet was hit by the winglet of the Air Canada Boeing 767-300 which was trying to park in a neighbouring bay. Air controllers urgently redirected the plane and it landed normally. "We would like (to) reassure travellers that anyone working for or on behalf of Swissport receives standardized safety and job specific training".

EI du Pont de Nemours and Company (NYSE:DD) Downgraded to Sell at BidaskClub

August 06, 2017

About 94,348 shares traded. The legal version of this article can be viewed at https://www.chaffeybreeze.com/2017/08/06/chesapeake-asset-management-llc-maintains-position-in-e-i-du-pont-de-nemours-and-company-nysedd-updated.html. 04/27/2016 - E.I. du Pont de Nemours and Company was downgraded to " by analysts at Credit Agricole. The company now has a consensus rating of "Hold" and an average price target of $81.15.

BidaskClub Lowers Dick's Sporting Goods Inc (NYSE:DKS) to Strong Sell

August 07, 2017

Great West Life Assurance Co. BlackRock Inc. raised its stake in shares of Dick's Sporting Goods by 2,879.3% in the first quarter. BB&T Corp's holdings in Dick's Sporting Goods were worth $1,818,000 at the end of the most recent quarter. TRADEMARK VIOLATION NOTICE: This report was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this story on another publication, it was stolen and reposted in violation of USA & global copyright and trademark legislation.

BlackRock Municipal Bond Trust

August 06, 2017

Finally, Berenberg Bank lowered their price target on BlackRock LT Municipal Advantage Trust from GBX 343 ($4.52) to GBX 325 ($4.29) and set a "hold" rating for the company in a research note on Monday, June 12th. Large investors have recently made changes to their positions in the stock. BlackRock Insured Municipal Income Trust earned a media sentiment score of 0.05 on Accern's scale.

Vanguard FTSE Europe ETF

August 06, 2017

The stock increased +0.21% (+0.12) during the last days session, reaching 57.25 and roughly 5185721 shares were bought or sold by traders. Vanguard FTSE All-World ex-US ETF makes up approximately 2.2% of Raub Brock Capital Management LP's portfolio, making the stock its 21st largest position.

Martin Shkrelis turn up in same courtroom, with same judge

August 06, 2017

A jury in Brooklyn deliberated nearly all last week before returning guilty verdicts against the 34-year-old - including two counts of securities fraud and a single count of conspiracy. They say Shkreli's antics would be hard to ignore. Shkreli's lawyer, Benjamin Brafman, had urged jurors to see his client not as a fraudster but as an eccentric genius determined to find cures for rare diseases.

Magellan Petroleum Corporation (NASDAQ:TELL) Short Interest Up 84.3% in June

August 06, 2017

First Eagle Investment Management, LLC increased its stake in Marathon Petroleum Corporation by 10.9% in a 13F filing with the SEC. Foundry Partners LLC increased its position in Marathon Petroleum Corporation by 14.3% in the first quarter.

Prudential Financial Inc. Increases Stake in Lumber Liquidators Holdings, Inc (NYSE:LL)

August 06, 2017

While looking at the Stock's Performance, Lumber Liquidators Holdings, Inc . now shows a Weekly Performance of 40.51%, where Monthly Performance is 40.79%, Quarterly performance is 67.53%, 6 Months performance is 128.18% and yearly performance percentage is 133.88%.

Hospitalized After Flight Lands In Philly Following 'Severe Turbulence'

August 06, 2017

Officials said preliminary reports indicated all of the injuries were minor and not life-threatening. "And then they said for the flight attendants to get to their seats, and they didn't even have time". Huseman also described how impressed she was with AA flight attendants and employees during and after the situation. Ten people were hospitalized on Saturday after an American Airlines flight heading to Philadelphia experienced "severe turbulence" with almost 300 people on board.

Germany concerned Belgium withheld data about contaminated eggs

August 06, 2017

German Agriculture Minister Christian Schmidt pressed the authorities, particularly in Belgium and The Netherlands, to clear up the situation. The Dutch food authority (NVWA) said that 138 poultry farms (about a fifth of those in the Netherlands) would remain closed after tests.

MercadoLibre, Inc. (NASDAQ:MELI) Sees Significantly Higher Trading Volume

August 06, 2017

Other institutional investors have also modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of MercadoLibre during the first quarter worth approximately $169,000. During the same quarter past year, the company posted $0.74 earnings per share. Shareholders of record on Friday, June 30th were given a $0.15 dividend.

MRC Global Inc. (NYSE:MRC) Reviewed By Analysts

August 06, 2017

Tudor Investment Corp ET AL bought a new position in shares of MRC Global during the first quarter worth $202,000. Prudential Financial Inc. now owns 345,700 shares of the oil and gas company's stock worth $6,336,000 after buying an additional 307,410 shares in the last quarter.

Parsley Energy, Inc. (PE) Upgraded to Sell by BidaskClub

August 06, 2017

Shares of the company are trading at $26.01 a bit lower than the 50 day moving average which is $27.82 and which is just a bit below the 200 day moving average of $30.65. "(NYSE:PE)" was published by BBNS and is the property of of BBNS. TRADEMARK VIOLATION WARNING: This piece was originally reported by StockNewsTimes and is owned by of StockNewsTimes.

Perrigo Company (PRGO) Position Boosted by Oregon Public Employees Retirement Fund

August 06, 2017

Moon Capital Management LLC now owns 43,265 shares of the company's stock valued at $2,872,000 after buying an additional 240 shares in the last quarter. Tower Bridge Advisors reported 52,728 shares or 0% of all its holdings. Geode Mngmt Limited reported 1.29M shares. Smithfield Trust holds 0.36% or 17,827 shares.

CatchMark Timber Trust, Inc. (NYSE:CTT) Upgraded to "Hold" by BidaskClub

August 06, 2017

In the final minutes of trading on Thursday, shares hit $11.35, a decrease of nearly 6 percent in the last 12 months. CatchMark Timber Trust (NYSE: CTT ) last posted its earnings results on Thursday, May 4th. CatchMark Timber Trust, Inc .is a self-administered and self-managed real estate firm investing in timberlands. The firm's market capitalization is $456.02 million.

The Home Depot, Inc. (HD)

August 06, 2017

Over the past 50 days, The Home Depot, Inc. stock's -4.07% off of the high and 5.89% removed from the low. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Staley Capital Advisers Inc holds 0.02% of its portfolio in BlackRock MuniYield Investment Fund for 11,800 shares. "(The) (HD)" was originally posted by BBNS and is the property of of BBNS.

OFS Capital Corporation (NASDAQ:OFS) Experiences Heavier than Average Trading Volume

August 06, 2017

OFS Capital Corporation has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500. OFS Capital Corporation (NASDAQ: OFS) and Stellus Capital Investment Corporation (NYSE:SCM) are both finance companies, but which is the better investment? The investment management company reported $0.33 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.03, Morningstar.com reports.

GMC recalls 800000 pickup trucks for steering problem

August 06, 2017

GM told regulators that before the 2015 model year it made a series of changes to address potential sources of temporary low voltage conditions that disable the power steering. More than 690,000 vehicles are potentially affected, according to the NHTSA. Owners may contact Chevrolet customer service at 1-800-222-1020 or GMC customer service at 1-800-432-8782.

FIG Partners Comments on First Internet Bancorp's Q4 2017 Earnings (INBK)

August 06, 2017

Geode Capital Management LLC now owns 108,014 shares of the bank's stock valued at $2,678,000 after buying an additional 4,019 shares during the last quarter. Edgepoint Investment Group Inc. holds 5.35% of its portfolio in Generac Holdings Inc. for 7.81 million shares. Reports Second Quarter Financial Results" with publication date: "July 20, 2017.

DCT Industrial Trust Inc (NYSE:DCT) Issues Earnings Results, Meets Estimates

August 06, 2017

They presently have a $22.50 target price on the stock. Wheeler Real Estate Investment Trust has a 52-week low of $7.95 and a 52-week high of $15.28. The firm has a market cap of $2.54 billion, a PE ratio of 25.02 and a beta of 0.96. In other news, insider Mark Skomal sold 1,320 shares of the business's stock in a transaction dated Monday, June 5th. The shares were acquired at an average cost of $20.50 per share, with a total value of $153,750.00.

Carlyle Group LP Stock in Q4 2016 Driven by Institutional Investors

August 06, 2017

Oppenheimer Holdings, Inc. lifted their price target on The Carlyle Group L.P. from $28.00 to $29.00 and gave the stock an "outperform" rating in a research report on Friday, July 14th. Analysts polled by Thomson Reuters expected the company to report earnings of $0.43 per share and revenues of $683.31 million for the quarter. The strong results from Carlyle and Apollo mirrored a broader industry trend as a rising stock market boosted overall returns, offsetting a 9 percent fall in oil ...

Cardinal Health, Inc. (CAH) Receives Neutral Rating from UBS AG

August 06, 2017

The stock being overvalued and undervalued sometimes depends upon the market situation as well. About 2.15M shares traded. On average, equities analysts expect that Cardinal Health will post $5.07 earnings per share for the current fiscal year.

Appeal to industry to give consumers GST input credit benefit: Arun Jaitley

August 06, 2017

Saying that the number of registrations have been satisfactory, Mr Jaitley said more than 71 lakh taxpayers have migrated to GST and 15.67 lakh new applications have been received. The GST law also has an anti-profiteering provision meant to ensure that businesses pass on the benefit of lower tax incidence and availability of input tax credit to the consumers.

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