Economy / 914

RBI soon to release new Rs 50 currency note

August 18, 2017

RBI has stopped printing Rs2,000 notes and has stepped up production of notes of other denominations, including new Rs200 notes, Mint reported on 26 July. Also, the people of India affected on these frequent updates of note ban and new taxes by the central government. Patel had promised to launch new Rs 50 notes past year.

Barcelona terror attacks shake European travel stocks

August 18, 2017

Update: The FTSE 100 has closed 64 points, or 0.9%, lower at 7,324, after a broad-based sell-off that saw only a handful of stocks escape the red as investors looked to safe havens. Holiday Inn and Crown Plaza owner InterContinental Hotels Group (LON: IHG ) meanwhile is 1.55 percent down at 3,928.00p. Oil prices were higher with West Texas Intermediate crude oil futures, the main U.S.

Tata Motors Ltd (NYSE:TTM) Downgraded by Sanford C. Bernstein

August 18, 2017

PNC Financial Services Group Inc. raised its position in shares of Tata Motors by 439.5% in the first quarter. The United Services Automobile Association holds 236,982 shares with $8.15 million value, up from 189,421 last quarter. If you are accessing this article on another domain, it was copied illegally and republished in violation of worldwide copyright & trademark laws. The correct version of this story can be read at ...

CVS Health Corporation (NYSE:CVS) Stake Cut by Texas Permanent School Fund

August 18, 2017

CVS Health has $132 highest and $77 lowest target. Shares of CVS Health Corporation (NYSE CVS ) traded down 0.45% during midday trading on Thursday, reaching $78.89. About shares traded. CommerceHub Inc (NASDAQ:CHUBA) has 0.00% since August 18, 2016 and is. Its up 0.54, from 1.1 in 2016Q3. Roffman Miller Assoc Pa invested in 131,548 shares or 1.57% of the stock.

Photronics (PLAB), CH Robinson Worldwide (CHRW)

August 18, 2017

Robinson Worldwide Inc (NASDAQ: CHRW ) on Tuesday, February 28. Lincoln Capital LLC now owns 10,085 shares of the transportation company's stock worth $693,000 after buying an additional 49 shares in the last quarter. City Of London Investment Management Co Ltd holds 9% of its portfolio in Morgan Stanley India Investment Fund Inc for 4.39 million shares. Capital International Inc increased its stake in Ch Robinson Worldwide Inc (CHRW) by 3372.22% based on its latest 2016Q4 regulatory filing ...

Johnson & Johnson (JNJ ) Given Daily News Impact Rating of 0.09

August 18, 2017

Johnson & Johnson Com now has $358.05 billion valuation. The institutional investor owned 2,700 shares of the company's stock at the end of the second quarter. raised its stake in shares of Johnson & Johnson by 7.3% in the fourth quarter. Weaver C Barksdale & Incorporated reported 8,849 shares. Vnbtrust Association has 18,665 shares.

Netflix, Inc. (NASDAQ:NFLX) Stake Maintained by North Star Investment Management Corp

August 18, 2017

Netflix had 164 analyst reports since August 4, 2015 according to SRatingsIntel. Retirement Systems of Alabama now owns 208,975 shares of the Internet television network's stock valued at $31,223,000 after buying an additional 921 shares during the last quarter.

A new hope for Obi-Wan movie

August 18, 2017

Disney and Lucasfilm are getting their money's worth out of all-things " Star Wars ". A Han Solo movie is in production featuring a younger version of the freewheeling space smuggler played by Harrison Ford in the original " Star Wars " trilogy of films.

MGM Resorts International (NYSE:MGM)

August 18, 2017

Kayne Anderson Capital Advisors Lp increased Oneok Partners Lp (OKS) stake by 1.47% reported in 2016Q4 SEC filing. 5,399,674 shares of the company's stock traded hands. $105,568 worth of MGM Resorts International (NYSE:MGM) was sold by GAY MARY CHRISTINE . 110,119 were reported by Sei Invests. MGM Resorts International (NYSE:MGM) reached 30.5% versus a 1-year low price of $23.38.

Chesapeake Energy Corporation (CHK) Stock Rating Reaffirmed by Jefferies Group LLC

August 18, 2017

Vetr raised Chesapeake Energy Corporation from a "buy" rating to a "strong-buy" rating and set a $5.23 price objective on the stock in a research report on Monday, July 24th. If you are viewing this story on another website, it was copied illegally and reposted in violation of US and global copyright law. The shares were bought on May 31st for an average price of $5.00.

BHP Billiton plc (BBL) -1.33% away from 20 SMA

August 18, 2017

A beta below 1 might indicate that the stock is less volatile than the market. First Tru Lp holds 0% or 10,783 shares. Institutional investors own 4.33% of the company's stock. It has been assigned a low target price of $30 and a high target price of $38.75. This number lands on a scale from 1 to 5. IBC downgraded the stock to "Neutral" rating in Monday, April 3 report.

Sears Canada chairman steps down so he can bid to buy retailer

August 18, 2017

Susan Ursel, who is representing the employees, said "The Employee Representatives Committee is pleased to have reached an agreement with Sears Canada, whose leadership have taken an important, responsible step in the face of a hard situation".

Lower pound triggers spike in USA tourists visiting Britain

August 18, 2017

An ONS statistician said there was no evidence in the data that militant attacks in London and Manchester earlier in the year had deterred visitors. The majority of these overseas visits - nearly 1.6 million - were for holiday purposes, an increase of 20% on a year earlier despite terror attacks taking place in London and Manchester during that time.

Analysts rated Editas Medicine Inc. (EDIT) as Hold

August 18, 2017

Usually the RSI is considered overbought when above 70 and oversold when less than 30. The corporation has a market cap of US$698.42 Million. ( EDIT ) is at 52.1. Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

August 18, 2017

In a statement following local media reports of new grounded planes, the carrier said eight of its A320neo aircraft had been grounded since April. "Our schedule had already been planned in the month of June on the non-availability of the aircraft for the month of July, August and September".

Arconic Inc. (ARNC), Mid-America Apartment Communities, Inc. (MAA)

August 18, 2017

About 45,598 shares traded. (NYSE:APTS) has risen 15.66% since August 18, 2016 and is uptrending. It has underperformed by 15.78% the S&P500. It was reported on Aug, 18 by Barchart.com . Investors of this company earned a return of 2.00% on the assets it owns in past twelve month. Its up 0.24, from 0.84 in 2016Q3. Cambridge Invest Advisors reported 2,553 shares.

Chipotle Mexican Grill, Inc. (CMG) Saw a New 52-Week High

August 18, 2017

PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since August 18, 2016 and is uptrending. It has outperformed by 60.63% the S&P500. Maryland Capital Management decreased its stake in Chipotle Mexican Grill ( CMG ) by 8.77% based on its latest 2016Q4 regulatory filing with the SEC.

TD Ameritrade Holding Corporation (AMTD) Receives Consensus Recommendation of "Buy" from Analysts

August 18, 2017

A number of institutional investors have recently bought and sold shares of the stock. Valley National Advisers Inc. now owns 3,247 shares of the financial services provider's stock valued at $126,000 after buying an additional 188 shares during the period.

Would you spend $18000 on carbon wheels for a Porsche 911?

August 18, 2017

Those lovely alloys you seen in the attached images, the automaker says, are 20 percent lighter and 20 percent stronger than regular alloy wheels. The manufacturing process is complex and involves cutting and assembling over 200 individual components.

Conocophillips (COP) Shareholder Rothschild Investment Corp Decreased Position by $3.32 Million

August 18, 2017

It has underperformed by 16.70% the S&P500. The institutional investor owned 29,251 shares of the energy producer's stock after selling 1,342 shares during the period. In terms of relative volume, these shares are trading at 1.27x their normal volume. Sowell Financial Services LLC bought a new position in shares of ConocoPhillips during the fourth quarter worth approximately $1,219,000.

Powerball reaches $535 million, drawing Saturday

August 18, 2017

The odds of winning are only one in 292.2 million, but hey, it's Friday and we're feeling lucky. ► Make it easy to keep up to date with more stories like this . Players have until 8:59 p.m. Saturday night to purchase Powerball tickets in Kansas and Missouri. "Even if you don't win the jackpot, there are eight other prizes - ranging from $4 to $1 million - that you could win", she said.

Deere & Company (DE) Q3 Profit Beats, But Revenue Falls Short

August 18, 2017

Finally, First Financial Bank N.A. Trust Division increased its position in shares of Deere & by 0.8% in the first quarter. Following the completion of the transaction, the insider now directly owns 49,241 shares in the company, valued at $6,183,192.37.

Equity Research Analyst's Stock Ratings: KBR, Inc. (KBR), Citrix Systems, Inc. (CTXS)

August 18, 2017

The stock has relative volume of 0.83. About 823,553 shares traded. The value of the company's investment in Citrix Systems, Inc. decreased from $29,481,000 to $25,977,000 a change of 11.9% quarter over quarter. 136.22 million shares or 2.55% less from 139.79 million shares in 2016Q3 were reported. Alps Advsrs reported 5,023 shares or 0% of all its holdings. The stock of Citrix Systems, Inc.

McLaren Has Made Its Most Eye-Catching 720S Yet

August 18, 2017

He is famed in the U.S. for his philanthropic exploits, including raising money for charities by displaying his cars. The Bespoke division of McLaren Special Operations crafted the unique McLaren supercar, to the specification of entrepreneur and philanthropist, Michael Fux.

Steel Dynamics, Inc. (STLD) Position Boosted by Cigna Investments Inc

August 18, 2017

The stock declined 2.30% or $0.83 reaching $35.29 on the news. 175.48 million shares or 0.01% less from 175.51 million shares in 2016Q3 were reported. 05/24/2017 - Steel Dynamics, Inc. was upgraded to "outperform" by analysts at Credit Suisse. (NASDAQ:STLD) for 1.15M shares. Great West Life Assurance Can reported 167,860 shares or 0.02% of all its holdings.

Wells Fargo & Company (WFC) Position Increased by Afam Capital, Inc

August 18, 2017

It has underperformed by 7.03% the S&P500. Schnieders Capital Management Llc increased its stake in General Electric Co (GE) by 6.96% based on its latest 2016Q4 regulatory filing with the SEC. Cme Group Inc (NASDAQ:CME) was reduced too. Investors sentiment decreased to 0.82 in Q4 2016. Its up 2.33, from 1.17 in 2016Q3. It is negative, as 112 investors sold WFC shares while 836 reduced holdings.

Walmart's E-Commerce Sales Jump 60% in Q2

August 18, 2017

Globally, on a constant currency basis, the company's e-commerce sales and GMV increased 60% and 67% (including acquisitions), respectively, in this quarter. "We've seen strong results from the rollout of online grocery, which is now in more than 900 USA locations", Doug McMillon, president and chief executive of Walmart, said in a Thursday call with analysts.

Analyst Recommendations Review: Becton, Dickinson and Company (BDX)

August 18, 2017

Motco has invested 0% in Becton Dickinson and Co (NYSE: BDX ). It has underperformed by 4.38% the S&P500. Following the transaction, the insider now directly owns 26,638 shares in the company, valued at $5,279,917.98. Also, EVP Ribo Alberto Mas sold 7,463 shares of the firm's stock in a transaction dated Monday, August 14th. Since May 25, 2017, it had 0 insider purchases, and 1 insider sale for $5.35 million activity.

Yale's Sonnenfeld: Cohn Exiting White House Would 'Crash the Markets'

August 18, 2017

The falls mark a break from a period of low volatility and subdued moves. The council, which was supposed to have representatives from real estate, finance, labor and other sectors, was created to study and make recommendations to the president regarding the funding, support and delivery of infrastructure projects.

China Unicom shakeup a milestone in SOE reform

August 18, 2017

However, China Unicom issued a public announcement yesterday, saying that the suspension is due to technical reasons and that will be no changes in the agreement. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & global copyright and trademark laws.

SM Energy Company (SM) closed at $13.37 in the last trading session

August 18, 2017

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. After a recent check, The Goodyear Tire & Rubber Company's 14-day RSI is presently at 22.67. The stock of Goodyear Tire & Rubber Co (NASDAQ:GT) has "Hold" rating given on Tuesday, August 1 by Goldman Sachs. Cooper Tire & Rubber's dividend payout ratio (DPR) is 10.45%.

Honeywell International Inc. (NYSE:HON) - Trend Analysis Report

August 18, 2017

Strategic Fincl Service accumulated 31,686 shares or 0.7% of the stock. About 9,939 shares traded. Texas Roadhouse Inc (NASDAQ:TXRH) has risen 11.22% since August 17, 2016 and is uptrending. (NYSE:HON) decreased 1.62% in final minutes of trading Thursday. Investors sentiment decreased to 1.07 in 2016 Q4. Its down 0.15, from 1.4 in 2016Q3.

How Analysts Feel About Palo Alto Networks Inc (NYSE:PANW)?

August 18, 2017

Virginia Retirement Et Al holds 46,400 shares or 0.01% of its portfolio. Emerson Elec Co now has $37.31B valuation. ( PANW)'s stock declined 24.72%. About 779,308 shares traded. Finally, Vetr upgraded Palo Alto Networks from a "hold" rating to a "buy" rating and set a $140.90 price target on the stock in a report on Tuesday, June 27th.

Engine issue grounds Coningsby aircraft before Battle of Britain Memorial Flight

August 18, 2017

THE crowd-pulling Battle of Britain Memorial Fight could be in doubt for next week's Clacton Airshow after it was grounded. "We are still operating Griffon and Gypsy powered aircraft, including Spitfire and Chipmunks". They are some of the last Second World War planes to still fly today. "The crowds will be a bit disappointed but in our business it's safety first".

Salem Investment Counselors Trimmed Celgene (CELG) Position; Facebook Has 1.25 Sentiment

August 18, 2017

Celgene Corp now has $100.25 billion valuation. Moreover, Parus Finance (Uk) Ltd has 22.98% invested in the company for 1.13 million shares. The stock declined 0.55% or $0.43 reaching $78.41 on the news. Friedman Michael A sold 5,000 shares worth $625,000. $687,565 worth of stock was sold by Stolle Russell R on Monday, April 3. The shares were sold at an average price of $130.52, for a total transaction of $2,415,403.12.

Pennsylvania's unemployment rate held steady at 5 percent in July, report says

August 18, 2017

Since December of 2010, the state's unemployment rate has dropped 6.6 percentage points while the national rate declined by 5 percent. The U.S. jobless rate actually increased going from 4.5 percent in June to 4.6 percent in July, according to the U.S.

Coca Cola HBC AG (CCH.L) TE Moving Average in the Spotlight

August 18, 2017

It has underperformed by 18.80% the S&P500. The Company's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc.

Daiwa Securities Group Inc. Sells 18282 Shares of Twitter, Inc. (NYSE:TWTR)

August 18, 2017

Clearbridge Investments LLC now owns 36,805,927 shares of the social networking company's stock worth $550,249,000 after buying an additional 5,561,940 shares during the period. As of the last earnings report the EPS was $-0.63 and is expected to be $0.34 for the current year with 732,979,000 shares presently outstanding. ILLEGAL ACTIVITY NOTICE: "Daiwa Securities Group Inc".

Analyst Research and Recommendations: Aflac Incorporated (AFL), Lam Research Corporation (LRCX)

August 18, 2017

It has outperformed by 10.36% the S&P500. World Asset Management Inc decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 10.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.

Navios Maritime Midstream Partn (NAP) Saw a New 52-Week High

August 18, 2017

Based on the latest brokerage notes which have been released to investors, 2 brokers have issued a rating of "strong buy", 2 brokers "buy", 3 brokers "neutral", 1 brokers "sell" and 0 brokers "strong sell". Virtu KCG Holdings LLC purchased a new position in Navios Maritime Midstream Partners during the second quarter worth approximately $266,000. Institutional investors own 27.94% of the company's stock.

Barrick Gold Corporation (ABX) Stake Raised by Sei Investments Co

August 18, 2017

Barrick Gold Corporation has an average rating of "Hold" and an average price target of $20.59. BMO Capital Markets restated a buy rating on shares of Barrick Gold Corporation in a report on Friday, March 31st. The correct version of this story can be read at https://www.chaffeybreeze.com/2017/08/16/barrick-gold-corporation-abx-upgraded-to-hold-by-zacks-investment-research-updated-updated-updated.html.

Blockchain Wallet Adds Ether

August 18, 2017

Blockchain hosts over 16 million wallets, serves 140 countries, and is backed by prominent investors - including Sir Richard Branson, Roger Ver, and Google Ventures. Blockchain wallets have always been non-custodial which gives customers the ability to hold their own private keys. Customers can simply toggle between Bitcoin and Ether to manage and transact funds quickly and easily.

Brookfield Infrastructure Partn (BIP) Holdings Increased by Advisory Services Network, LLC

August 18, 2017

It has underperformed by 23.76% the S&P500.The move comes after 9 months positive chart setup for the $6.06 billion company. Brookfield Business Partners L.P. Investors looking for growth stocks may be willing to shell out a little more for a stock that has the possibility of increasing EPS at a quicker pace.

General Electric Company (NYSE:GE) Closed Under Its 50 Day Average

August 18, 2017

General Electric Co now has $214.28 billion valuation. When the trading finished on 08/15/2017 Ralph Lauren Corporation (NYSE:RL) shares were up 0.11% to reach $84.96. The rating was maintained by Stifel Nicolaus with "Buy" on Friday, July 7. On Monday, October 10 the stock rating was maintained by with "Buy". The stock has "Buy" rating by Wunderlich on Tuesday, October 27.

Power-Generation Company Calpine Agrees to Be Sold to a Consortium

August 18, 2017

Independent Portfolio Consultants invested in 0.04% or 10,235 shares. About 5 shares traded. It is down 0.00% since August 16, 2016 and is. Lombard Odier Asset Management Usa Corp increased Calpine Corp ( CPN ) stake by 15.38% reported in 2016Q4 SEC filing.

Philip Morris Upgraded By Vetr Following Rough Month

August 18, 2017

Cadence Capital Management invested 0.95% of its portfolio in Philip Morris International Inc . The stock declined 0.88% or $1.02 reaching $114.91 per share. The firm earned "Hold" rating on Wednesday, October 5 by Jefferies. Philip Morris International Inc (NYSE:PM) opened at 115.93 on Friday. The rating was maintained by Goldman Sachs with "Buy" on Monday, October 3.

Read This: Potential jurors show no mercy to "pharma bro" Martin Shkreli

August 18, 2017

He then stayed in the news by being a general shit-bag and saying shit-baggy things, and subsequently became music news when it emerged he had provided funding to punk and hardcore label Collect Records. Few held back opinions of the figure once called "the most hated man in America". Juror number 155 said, "I have read a lot of articles about the case".

Stocks flat, dollar falls on Trump chaos, Fed minutes

August 18, 2017

Elsewhere in the minutes, Fed officials reinforced expectations of an announcement in September to begin reducing the central bank's holdings of bonds that were bought in the wake of the 2007-2009 financial crisis and recession. Financial markets expect that announcement at next month's meeting, but analysts do not expect the Fed's next rate hike to come until December at the earliest.

Brokers Issue New Targets On Ashland Inc. (NYSE:ASH)

August 18, 2017

Its chemistry is used in various markets and applications, including architectural coatings, adhesives, automotive, construction, energy and pharmaceutical. Finally, Suntrust Banks Inc. raised its stake in shares of Ashland Global Holdings by 27.0% in the second quarter. The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th.

Hospital performs two heart transplants in gap of four hours

August 18, 2017

Coordinated efforts by doctors, social workers, and the traffic police in Mumbai and Pune enabled two heart transplants in a gap of four hours on Thursday. While the 22-year-old donor's liver and kidneys were given to patients in Pune itself, her lung helped save a life in Gleneagles Global Hospital in Chennai, reported The Tribune .

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