Economy / 1076

Mistrial Declared in Bill Cosby Sexual Assault Trial

June 18, 2017

The Associated Press does not typically identify people who say they are victims of sexual assault unless they grant permission, which Constand has done. Cosby has denied all the charges. The jury of seven men and five women failed to reach a unanimous verdict on all three felony counts after five days and 52 hours of deliberations.

Recent Analysts Ratings People's United Financial Inc. (PBCT)

June 18, 2017

The dividend was $0.173 per share for the quarter or $0.69 on an annualized basis. (NYSE:STAG) was down -0.21% at $28.15 on Wednesday, in a 52-week range of $21.21 to $28.75 and with a consensus analyst target price of $26.89. (NASDAQ:PBCT) for 55,174 shares. British Columbia Invest Mngmt Corporation has 0.03% invested in People's United Financial, Inc . Dividends is a reward scheme, that a company presents to its shareholders.

It's time to end India's domination in ICC events: Azhar

June 18, 2017

India has oozed class throughout the tournament with each player looking in great touch and clear with the role he plays in the team. With eight wins in the teams' previous 10 World Cup and Champions Trophy meetings, India are firm favourites but Arthur has taken confidence from their defeat in the group stage by Sri Lanka.

Stock Spirits Group PLC (STCK) Insider Acquires £14844.48 in Stock

June 18, 2017

The rating was maintained by Shore Capital with "House Stock" on Monday, February 15. The company was maintained on Wednesday, February 1 by Canaccord Genuity. They expect $0.65 earnings per share, down 8.45% or $0.06 from last year's $0.71 per share. It has a 127.86 P/E ratio. Its operating segments include Poland, Czech Republic, Italy, Other Operational and Corporate.

Virginia joins other states in Paris climate goal alliance

June 18, 2017

Italy, France and Germany have issued a collective statement dismissing US President Donald Trump's suggestion of revising the global pact, hours after the latter chose to "get out" from the Paris climate accord. "When Paris was executed by this country, they criticized the agreement, said that it did not hold China and India accountable". Trump on Thursday pulled the United States from the landmark 2015 agreement created to fight climate change, fulfilling a major campaign pledge despite ...

Sensex, Nifty end marginally lower; GAIL top loser

June 18, 2017

The central bank has, however, slashed the Statutory Liquidity Ratio (SLR) or the percentage of deposits that banks have to park in government securities, by 0.5 per cent to 20 per cent. However, it kept its key lending rate unchanged at 6.25 per cent. Major losers in the 30-share GA L (India) (2.75%), Tata Consultancy Services (2.69%), Adani Ports and Special Economic Zone (2.34%), Oil & Natural Gas Corporation (1.83%), Infosys (1.06%), and Bharti Airtel (0.94%).

Laboratory Corporation of America Holdings (LH) Position Boosted by Norinchukin Bank The

June 18, 2017

Avalon Advisors Limited Company invested in 19,353 shares or 0.09% of the stock. Amazon.Com Inc now has $456.67B valuation. The stock declined 0.55% or $0.78 reaching $140.33 on the news. Natl Ser Wi reported 28,296 shares stake. Utd Capital Fincl Advisers Lc, California-based fund reported 30,741 shares. 1,992 Laboratory Corp. of America Holdings (NYSE:LH) shares with value of $278,880 were sold by ANDERSON KERRII B .

Grupo Simec SAB de CV (SIM) Stock Rating Upgraded by BidaskClub

June 18, 2017

Grupo Aeroportuario del Pacifico, S.A.B.de C.V.is a holding company. The Fj Capital Management Llc holds 648,600 shares with $13.72 million value, up from 436,000 last quarter. The firm also recently disclosed an annual dividend, which will be paid on Monday, June 26th. This represents a yield of 1.7%. The ex-dividend date was Thursday, May 4th.

Garmin Ltd. (GRMN) Stake Boosted by State of Tennessee Treasury Department

June 18, 2017

The SI to Garmin Limited Switzerland's float is 17.44%. 989,629 shares of the stock were exchanged. Garmin Ltd . (NASDAQ:GRMN) has risen 28.63% since June 8, 2016 and is uptrending. Panagora Asset Mngmt Incorporated reported 0% in Garmin Ltd . (NASDAQ:GRMN). Corporate insiders own 18.30% of the company's stock. Oppenheimer Holdings Inc.

Analysts Take on Ignyta Inc Cmn (NASDAQ:RXDX)

June 18, 2017

Shares of Ignyta (NASDAQ:RXDX) traded down 6.80% during midday trading on Tuesday, hitting $6.85. The firm's market cap is $286.58 million. (RXDX) has a trading volume of 2.03 Million shares, with an average trading volume of 441120 shares - with shares dropping to a 52 week low of $4.15, and the company's shares hitting a 52 week high of $ 9.90.

Arrested in $300K avocado theft

June 18, 2017

The facility where they work is located in an unincorporated area of Ventura County. Mission Produce estimates more than $300,000 worth of avocados was lost, sheriff's officials said. Detectives opened an investigation at the end of May after receiving reports that employees at the location were selling avocados for cash unauthorized from the company grounds.

Police say 58 missing presumed dead after tower blaze

June 18, 2017

He said: "We investigate criminal matters". Almost 200 people chanting "We want justice!" marched near Notting Hill Gate tube station on Friday, demanding action from local councilors tasked with housing people following the disaster. "She should have been there with the residents". Former cabinet minister Michael Portillo said that decision amounted to a lack of "humanity". The horrific fire early Wednesday morning has put increased pressure on May and her senior ministers at a time ...

O'neill Acquires 1000 Shares of Mallinckrodt PLC (MNK) Stock

June 17, 2017

Mallinckrodt Public Limited Company ( MNK ) stock price fell -38.36 percent over the past one year, while decreased -25.39 percent during the past 6 months. Gargoyle Investment Advisor has invested 0.22% in Mallinckrodt PLC (NYSE:MNK). The total value of its holdings decreased 13.2%. Here is the rundown on market activity for Mallinckrodt plc Ordinary Share (NYSE:MNK).

TSX rises as energy shares bounce; grocers slide

June 17, 2017

Shares rose 12.9 percent to C$13.70 after the company reported late on Wednesday it had reached a settlement agreement with the Ontario Securities Regulator accepting responsibility for misleading investors about problems with its mortgage underwriting procedures.

Veterans Affairs shifting records to new system

June 17, 2017

The U.S. military has started to deploy Cerner's Millennium system, the same platform that has now been named as the replacement for the VA's legacy Veterans Health Information Systems and Technology Architecture (VistA). "Bottom line is we still don't have the ability to trade information seamlessly for our Veteran patients and seamlessly execute a share plan of acre with smooth handoffs".

Uber chief Travis Kalanick to take leave of absence

June 17, 2017

The 47 recommendations include creating a board oversight committee, rewriting Uber's cultural values, reducing alcohol use at work events, and prohibiting intimate relationships between employees and their bosses. The ride-hailing app, which has roughly 12,000 employees, hired the services of Holder to look into the company's work culture and contracted law firm Perkins Coie to review the specific harassment allegations.

Berger repeats at St. Jude Classic

June 17, 2017

But Mickelson closed with two bogeys, a birdie and a double bogey at No. 9 to finish at 4 under par, five behind co-leaders Chez Reavie , Charl Schwartzel and Sebastian Munoz. DES MOINES, Iowa - Bernhard Langer is on quite a roll as he tries to become the first in seven years to win three straight PGA Tour Champions events.

GE CEO Immelt stepping down, Flannery to take over role

June 17, 2017

Stifel analyst Robert McCarthy said the timing was not surprising because of the serial underperformance of the stock and "investor fatigue with management's continued perceived ungainly portfolio actions". GE's stock has dropped 3.7 percent in the past year while the S&P 500 has increased 15.9 percent. He joined GE in 1987. He stepped in to lead the health-care business in 2014 when the unit was struggling and some analysts called for GE to spin it off or sell it.

Habs send D Beaulieu to Sabres for pick

June 17, 2017

It'll be from the penthouse to the basement for Beaulieu, who departs the 47-26-9 Canadiens for the 33-37-12 Sabres. A former first-round pick of the 2011 NHL Entry Draft, Beaulieu climbed his way up to the pros relatively early, a six-game stint with the Habs over the 2012-13 season.

Winch Advisory Services LLC Has $975000 Stake in Stryker Corporation (SYK)

June 17, 2017

Stryker Corporation (NYSE: SYK ) last issued its quarterly earnings data on Tuesday, April 25th. The firm has "Buy" rating by Canaccord Genuity given on Wednesday, January 25. BMO Capital Markets maintained it with "Buy" rating and $38 target in Wednesday, April 12 report. For SYK, the company now has $3.21 Billion of cash on the books, which is offset by $35 Million current liabilities.

Analysts See $1.48 EPS for Packaging Corp Of America (PKG)

June 17, 2017

Morgan Stanley upgraded it to "Overweight" rating and $7 target in Monday, March 21 report. The industrial products company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.24 by $0.03. Barclays PLC reduced their price target on shares of Packaging Corporation of America from $100.00 to $90.00 and set an "equal weight" rating for the company in a report on Monday, May 1st.

5 of the Biggest Challenges GE's Jeff Immelt Faced As CEO

June 17, 2017

According to his GE biography, Flannery "is a graduate of Fairfield University and holds an MBA from the Wharton School at the University of Pennsylvania". For the past two years, the company said it planned to boost adjusted earnings to $2 a share in 2018. Jeff Immelt , who has led General Electric since 2001, is stepping down, the company announced Monday.

Amazon to buy upmarket grocer Whole Foods for $13.7 billion

June 17, 2017

While the transaction is subject to approval by Whole Foods' shareholders, regulatory approvals and other customary closing conditions, the two parties expect to close the deal during the second half of 2017. Amazon, meanwhile, has been expanding its reach in goods, services, and entertainment. Shares of Whole Foods rose 29 percent, to $42.68, above Amazon's offered price.

General Electric's CEO is Stepping Down

June 17, 2017

While there, he also worked on shrinking GE Capital , divesting GE's appliances business, and spinning off its private label credit card business before turning around GE's healthcare business. In 2007, GE's finance arm accounted for about 55 percent of its profits, but its large exposure to commercial real estate left it vulnerable during the financial crisis.

Bank of Japan keeps policy steady, upgrades economic outlook

June 17, 2017

While Kuroda has said talk of any exit from monetary stimulus is premature and would end up confusing markets , the bank is re-calibrating its communications to acknowledge that it is thinking about how to handle an eventual exit, people familiar with the matter told Bloomberg this month.

Trump returns to Florida to unveil Cuba policy

June 17, 2017

Obama announced in December 2014 that he and Cuban leader Raul Castro were restoring diplomatic ties between their countries, arguing that a new approach was needed because the policy the USA had pursued for decades had failed to democratize the island.

Saudi Arabia may be targeting United States inventories to prop up oil prices

June 17, 2017

Inventories fell due to a rise in U.S. crude oil refinery demand to 17,256,000 bpd (barrels per day) on June 2-9, 2017. This is according to new data from the Energy Information Administration, who said that U.S. New non-OPEC output next year will be more than enough to meet demand growth, the International Energy Agency said Wednesday in its first forecast for 2018.

'Americans Should Be Skeptical': Deputy AG Rosenstein Releases Statement on 'Anonymous Allegations'

June 17, 2017

On Thursday night, he issued a statement lashing out at news stories sourced to anonymous officials and that he believes are causing the President and Republicans to attack the Justice Department, the Federal Bureau of Investigation and Mueller for alleged leaks.

Alliancebernstein National Municipal Income Fund Stock as Institutional Investors Enter

June 17, 2017

Strs Ohio invested in 1.30 million shares or 0.32% of the stock. It has underperformed by 23.96% the S&P500. Green Valley Investors Llc decreased Lkq Corp (LKQ) stake by 3.06% reported in 2016Q4 SEC filing. Standpoint Research maintained the shares of ICE in report on Sunday, August 9 with "Hold" rating. The firm has "Sell" rating given on Wednesday, October 19 by BTIG Research.

Eland Oil & Gas PLC (ELA) Rating Reiterated by Canaccord Genuity

June 17, 2017

As per Tuesday, December 8, the company rating was upgraded by Morgan Stanley. Numis Securities maintained it with "Buy" rating and GBX 93 target in Friday, May 26 report. Primecap Ca has 0.02% invested in Centrica PLC (LON:CNA). Massmutual Trust Fsb Adv accumulated 0% or 19,394 shares. Blair William Il owns 13,364 shares.

Janney Capital Now Covering Fairmount Santrol (NYSE:FMSA) With $5.6 Target

June 17, 2017

Princeton Alpha Management LP bought a new stake in shares of Fairmount Santrol Holdings during the first quarter valued at about $141,000. Bank of New York Mellon Corp now owns 8,723,582 shares of the industrial products company's stock valued at $63,943,000 after buying an additional 7,950,771 shares during the period.

IsHealthsouth (NYSE:HLS) An Attractive Buy? KeyBanc Initiates Coverage

June 17, 2017

The company is so far trading up by 1.06% since yesterday's close of $47.33. About 265,026 shares traded. Home Depot Inc (NYSE:HD) has risen 18.65% since June 16, 2016 and is uptrending. Wellington Management Group LLP now owns 995,082 shares of the company's stock valued at $42,599,000 after buying an additional 972,859 shares in the last quarter.

Amazon and Whole Foods: 5 things to know about the blockbuster deal

June 17, 2017

There's also Amazon Fresh, the online stores next-day grocery service that's been steadily growing for years, even spreading to London. "Obviously the big news today is the Amazon announcement of the purchase of Whole Foods which is having effects on various sectors of the market", said David Levy portfolio manager at Republic Wealth Advisors.

Cosby's lawyer says Bill and the woman accusing him had secret affairs

June 17, 2017

The judge praised them for being remarkably conscientious as they consider three counts of felony aggravated indecent assault that could put Cosby in prison for the rest of his life. Simpson trial, telling Deadline , " Bill Cosby's criminal trial is the celebrity criminal trial of the new 21st century". The 44-year-old Toronto woman, who spent seven hours on the stand last week, was in the gallery as portions of her testimony were read back to the jury.

Oil dips on concern over rising U.S. output, OPEC tensions

June 17, 2017

MarketWatch says the EIA data shocked the market "in more ways than one". Nationwide crude inventories probably slid 3.25 million barrels for a ninth straight loss. "It really looks as if fears of oversupply is what's driving the market". The tensions are bursting onto the surface with a breakdown in relations between the Gulf Cooperation Council countries, as Saudi Arabia and its allies accuse Qatar (a heavy natural gas producer) of cozying up to Iran , Hamas and the Muslim Brotherhood.

Nifty holds up, but markets lose for second week

June 17, 2017

The S&P BSE Sensex rose 0.3 percent to 31,154.45 at 10:39 a.m. local time, although it was still poised to fall a second consecutive week for the first time since late April. Reliance Industries and BP Plc yesterday announced plans to jointly make a fresh investment of Rs 40,000 crore in the KG-D6 block of Krishna Godavari basin.

Target Corporation Common Stock (TGT) Reaches 52-Week High

June 17, 2017

Busey Trust CO raised its position in shares of Target Corporation by 14.2% in the fourth quarter. For the week, the stock is performing 1.52%. BlackRock Inc. The 62 cent dividend (up from 60 cents) is payable on September 10, 2017 to shareholders of record as of the close of business on August 16, 2016. The dividend is payable September 10, 2017 to shareholders of record at the close of business August 16, 2016.

B&G Foods, Inc. (BGS) Can't Be More Risky. Trades Sigfnicicantly Lower

June 17, 2017

Over the past 50 days, B&G Foods, Inc . stock's -12.76% off of the high and -2.59% removed from the low. Other institutional investors have also bought and sold shares of the company. The firm had revenue of $417.90 million during the quarter, compared to the consensus estimate of $413.35 million. B&G Foods had a return on equity of 17.41% and a net margin of 7.49%.

Trump appears to become own 'leaker' with tweet about Russia probe

June 17, 2017

The directive was sent by attorney Kory Langhofer, who represented the Trump campaign in the 2016 election. A Department of Justice spokesperson declined to address what prompted the statement. Mr Pence's office confirmed he had retained Richard Cullen, a former Virginia Attorney-General and United States attorney for the Eastern District of Virginia, to assist "in responding to inquiries" from Mr Mueller .

Investors Catching Stocks Diamond Offshore Drilling, Inc. (DO)

June 17, 2017

It was reported on Jun, 15 by Barchart.com . We have $2.33 PT which if reached, will make NYSE:AT worth $14.41M less. Diamond Offshore Drilling IN (NYSE:DO) had an increase of 9.75% in short interest. On Wednesday, February 3 the stock rating was maintained by Compass Point with "Buy". In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for Diamond Offshore Drilling, Inc .as 379.79 Million.

Grenfell Tower: Cab driver woke neighbours to say fridge had exploded

June 17, 2017

Queen Elizabeth II , accompanied by grandson Prince William , paid a visit to the Grenfell Tower this morning where the number of missing is estimated to be around 76. More than £1 million has been raised to help those affected by the fire, with more than 60 tonnes of donations collected by one local mosque. The leading body for town and city councils in England and Wales announced Friday it is to conduct an urgent review of fire safety in high-rise buildings in the wake of the Grenfell ...

Molson Coors Brewing Company (TAP) Declares Quarterly Dividend of $0.41

June 17, 2017

Molson Coors Brewing Co now has $18.79B valuation. The stock declined 0.60% or $0.53 reaching $87.59 per share. It has underperformed by 20.15% the S&P500. Fil Ltd, which manages about $34.11B US Long portfolio, decreased its stake in Alphabet Inc by 7,154 shares to 667,838 shares, valued at $529.23M in 2016Q4, according to the filing.

Featured Stock to See: The Charles Schwab Corporation (SCHW)

June 17, 2017

About 23,538 shares traded. It has underperformed by 0.20% the S&P500. Corp ( SCHW ) stake by 2.37% reported in 2016Q4 SEC filing. Analyst mean recommendation rating on a stock by the analyst community is at 1.90. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company.

London fire: Chanting 'we want justice', protesters storm town hall

June 17, 2017

Her grandson Prince William accompanied her and told a volunteer, "That's one of the most bad things I have ever seen". Forensic experts said the fire at Grenfell was so hot it could be compared to a cremation, which is going to make it hard to identify those who lost their lives.

Fed should be cautious on further rate hikes, Kaplan says

June 17, 2017

Laugh if you will but the Federal Reserve is as committed to the Phillips Curve as ever. Google's parent Alphabet GOOGL.O dropped 1.8 percent following a Canaccord Genuity downgrade, giving investors more reasons to sell the stock. Policymakers may not like missing their targets , but they also recognise the benefits of only modest price increases brought by central bank policies and a globalising world economy that helped drive manufacturing costs down.Since the early 1990s median US ...

Brookfield Asset Management Inc (BAM) Stake Decreased by Midwest Investment Management LLC

June 17, 2017

The firm owned 6,275 shares of the financial services provider's stock after buying an additional 2,840 shares during the period. About 227,154 shares traded. Royal Bank Of Canada invested 0% in Nicholas Financial, Inc. Bancorporation Of America Corporation De owns 45,794 shares for 0% of their portfolio. Berg Evan sold 5,329 shares worth $46,895.

How Many Ecolab Inc. (NYSE:ECL)'s Analysts Are Bullish?

June 17, 2017

Gillespie Robinson & Grimm Inc who had been investing in Ecolab Inc for a number of months, seems to be bullish on the $39.25 billion market cap company. 15,207 are owned by Amica Mutual. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company's stock.

The Nordic American Tankers Limited (NAT) to Issue Quarterly Dividend of $0.20

June 17, 2017

Consequently Nordic American Tanker Shipping Ltd (NYSE:NAT)'s weekly and monthly volatility is 5.34%, 5.03% respectively. Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock. Having a peek at growth estimates of the company, Nordic American Tanker Shipping Ltd (NYSE:NAT) has current quarter growth estimates of -140% however it has -75% estimations over growth for the next quarter.

Is Buying DTE Energy Co (DTE) Here a Winning Strategy?

June 17, 2017

With 793,500 avg volume, 4 days are for Ferrari NV (NYSE:RACE)'s short sellers to cover RACE's short positions. It closed at $24.92 lastly. It has underperformed by 16.70% the S&P500. Oppenheimer & stated it has 7,111 shares. Commerzbank Aktiengesellschaft Fi, Germany-based fund reported 5,489 shares. Cbre Clarion Securities Lc has invested 0.01% in DTE Energy Co (NYSE:DTE).

Wabco Holdings Inc. (WBC) Receives $122.10 Average PT from Analysts

June 17, 2017

Tower Research Capital Llc Trc bought 29,289 shares as the company's stock declined 8.78% while stock markets rallied. EPS in next five year years is expected to touch 7.82% while EPS growth in past 5 year was -5.10% along with sales growth of 0.10% in the last five years.