Economy / 820

Trade Agency Rules Imported Solar Panels Harmful to US Manufacturing

September 25, 2017

If the case results in tariffs on imported solar panels, the USA solar industry could be upended, hurting efforts to move toward rooftop solar and other forms of distributed generation and reduce greenhouse emissions. Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA) responded via a press statement , arguing that potential trade barriers will raise the price of solar energy, reduce demand, chill private sector investment, and result in thousands of USA ...

Murder suspect slashes own throat, jumps in front of NYC train to evade arrest, police say

September 26, 2017

Local police in Newark , Delaware had been looking for him since Friday for stabbing to death his girlfriend, Sherrie Campbell, according to the New York Daily News . Newark Police issued an arrest warrant for Veal on the charges of first-degree murder and possession of a weapon while committing a felony after gathering evidence at the scene that linked him to the crime.

Whirlpool Corp (NYSE:WHR): Institutional Investors Aren't Crazy About It

September 25, 2017

About 365,492 shares traded. It has underperformed by 16.70% the S&P500. Whirlpool Corporation (NYSE:WHR) last posted its quarterly earnings results on Wednesday, July 26th. The Director now owns $1,280,796 of the stock as recorded in a recent Form 4 SEC filing. Integral Derivatives Ltd Limited Liability Company owns 47,442 shares for 0.03% of their portfolio.

Nike Sees Unusually High Options Volume (NKE)

September 25, 2017

About 378,916 shares traded. JD.Com Inc (ADR) (NASDAQ:JD) has risen 77.67% since September 24, 2016 and is uptrending. It has underperformed by 30.76% the S&P500. $56,301 worth of stock was bought by LECHLEITER JOHN C on Friday, March 24. More recent PerkinElmer, Inc. "Stock" on September 06, 2017. Also Businesswire.com published the news titled: "210 MD System for Clinical Laboratories" on September 08, 2017.

What Does The Data Behind Starbucks Corporation (NASDAQ:SBUX) Suggest?

September 25, 2017

Macroview Invest Management Lc holds 81 shares or 0.03% of its portfolio. Following the transaction, the director now directly owns 36,966 shares in the company, valued at approximately $1,974,354.06. Moreover, River Road Asset Mngmt Limited Liability Corp has 0.42% invested in Cubic Corporation (NYSE:CUB). Starbucks Corporation (NASDAQ: SBUX ) has a beta of 0.77, compared to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a ...

Korea: Missile hit on USA inevitable

September 25, 2017

The president assured those in attendance, without details, that he would defend the US against any offensives launched by North Korea: "I can tell you one thing, you are protected, OK?" China accounts of about 90 percent North Korea's trade, according to The Associated Press.

$0.41 EPS Expected for Charles Schwab Corp (SCHW)

September 25, 2017

The Inverness Counsel Llc holds 521,336 shares with $22.40 million value, down from 602,246 last quarter. The stock increased 1.09% or $0.46 on September 22, reaching $42.54. Cookson Peirce & invested 0.08% in Ingersoll-Rand PLC (NYSE:IR). Canada Pension Plan Board holds 0.69% or 5.13 million shares. It turned negative, as 11 investors sold MCF shares while 31 reduced holdings.

Sri Lankan man arrested trying to smuggle gold to India

September 25, 2017

When customs officers began searching him they discovered he was hiding 904 grams of gold wrapped in black plastic sheets. "This is not the first such detection and this is a common method of smuggling". A customs officer told BBC Sinhala they spotted the man because "he was walking suspiciously". The hidden luggage was "carefully packed in polythene bags and neatly inserted", according to a customs officer in Colombo.

Lufthansa seen offering to pay 200 mln euros for Air Berlin assets

September 25, 2017

Soon after going into insolvency, Air Berlin revealed it was in discussions with three potential buyers, including Deutsche Lufthansa , as it looks to sell off its assets. EasyJet is interested in areas including operations at Berlin Tegel airport. Lufthansa last week said its main aim is to secure 38 aircraft and crews that it now leases from Air Berlin.

London Mayor backs talks with Uber after head honcho's apology

September 25, 2017

The transport body cited Uber's approach to reporting serious criminal offences, how drivers' medical certificates are obtained, how criminal record checks are carried out, and its use of technology which allegedly helps it to evade law enforcement.

1910 new jobs with Volvo expansion in Berkeley Co

September 25, 2017

One of South Carolina's biggest manufacturing operations just got bigger. The business logic behind the decision to build the next generation XC90 in SC is compelling. It now operates two manufacturing plants in Europe, as well as two factories in China. The 88,000-square-foot plant is now under construction near Interstate 26.

Shares in Anadarko Petroleum Corporation (APC) Purchased by Tiaa Fsb

September 25, 2017

Us Bancorp Del now has $89.78B valuation. The company is up from yesterday's close of 48.49. About 7.70M shares traded or 66.31% up from the average. Equity analyst Barclays both downgraded the stock and lowered the price target on June 14 changing the price objective from $60.00 to $42.00 and changing the rating from "Equal-weight" to "Underweight".

Prime Minister constitutes Economic Advisory Council headed by Bibek Debroy

September 25, 2017

Surjit Bhalla , Dr. Rathin Roy and Dr. Ashima Goyal, who will be working as part time members of the council. The council will advise the Prime Minister on issues pertaining to key economic reforms. The council comes as amid the growing concern over slowing economic growth. The GDP growth slid to a three-year low at 5.7% in June quarter sparking anxious discussions across all sectors.

Vijay Mallya moved Rs 6000 crore loan to shell companies

September 25, 2017

The official further said that the agencies have established links with shell companies and bank accounts in at least seven countries including US, UK, France and Ireland. While State Bank of India ( SBI ) had a maximum exposure of Rs 1,600 crore, other public-sector banks that gave loans to Kingfisher are Punjab National Bank with an exposure of Rs 800 crore, Bank of India (Rs 650 crore), Bank of Baroda (Rs 550 crore), Central Bank of India (Rs 410 crore), UCO Bank (Rs 320 crore), Corporation ...

No Home Will be Without Power, Says PM

September 25, 2017

He said the connections will be delivered at the doorsteps of the rural poor and they will not have to go after government officials. The Centre said the total purview of the scheme is Rs 16,320 crore, and the government's budgetary assistance is Rs 12,320 crore.

Capacit'e Infraprojects soars 60 per cent in market debut

September 25, 2017

At 10.51 am, there was a decline in the price yet it was high 44.64 per cent at Rs 361.60. The qualified institutional buyer (QIB) portion was oversubscribed 131.32 times, non-institutional investor a staggering 638.05 times and retail investor 17.57 times.

Calgon Carbon Corporation (NYSE:CCC) Enters Overbought Range

September 25, 2017

Finally, Bank of New York Mellon Corp boosted its position in shares of Calgon Carbon Corporation by 0.7% during the 1st quarter. The second value adds in the net debt repaid yield to the calculation. The firm has a market cap of $1.09 billion, a PE ratio of 153.96 and a beta of 1.14. Value of 51.00000. The Q.i. The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity.

Female HR managers earn £4500 less than male colleagues

September 25, 2017

Researchers also found that women are far more likely to fill junior management positions than men (66% compared with 34%). New rules came into force in April this year stipulating that employers with more than 250 employees must publicly disclose the size of their gender pay gap.

N. Korean FM threatens 'merciless preventive action' against US

September 25, 2017

The quake also caps a week in which President Trump and North Korea leader Kim Jong Un exchanged increasingly bellicose insults and follows a threat on Thursday by the North to carry out a significantly more unsafe nuclear test. The combination of Kim Jong Un's growing belligerence, new US financial sanctions , and a Chinese turn on North Korea trade might be a turning point that finally isolates the Kim regime.

Deutsche Bank Upgrades Rating On General Motors Company (GM) To "Buy"

September 25, 2017

California Employees Retirement System accumulated 3.35M shares or 0.19% of the stock. Following the sale, the insider now owns 42,623 shares of the company's stock, valued at approximately $1,491,805. Liberty holds 0.12% in Ford Motor Company (NYSE:F) or 17,831 shares. Dnb Asset Mgmt As accumulated 142,516 shares. The EVP now owns $2,758,462 of the stock according to the SEC filing.

What Really Matters? - DSW Inc. (DSW), Ctrip.com International, Ltd. (CTRP)?

September 25, 2017

Evanston Investments Inc Dba Evanston Advisors who had been investing in Campbell Soup Co. for a number of months, seems to be bullish on the $13.90B market cap company. International (NASDAQ: CTRP ) last issued its quarterly earnings data on Wednesday, August 30th. Analysts await Ctrip.Com International Ltd (ADR) (NASDAQ: CTRP ) to report earnings on November, 22.

Darden Restaurants, Inc. (DRI) Set to Announce Earnings on Monday

September 25, 2017

The stock increased 0.11% or $0.02 during the last trading session, reaching $17.96. Given that liquidity is king in short-term, OCRX is a stock with 27.69 million shares outstanding that normally trades 3.84% of its float. Citizens And Northern invested in 4,254 shares. State Street Corp grew its stake in Darden Restaurants by 0.3% in the second quarter. Darden Restaurants accounts for 0.7% of Martingale Asset Management L P's holdings, making the stock its 18th biggest holding.

Target raises minimum wage to $11 an hour, $15 by 2020

September 25, 2017

Chief Executive Brian Cornell told reporters on a call that Monday's decision would leave Target better prepared for the upcoming holidays, helping the retailer to attract new employees and retain existing workers in an increasingly complex retail environment.

Wisconsin seems a victor under GOP health care bill formula

September 25, 2017

The bill was chiefly written by GOP Sens. Lindsey Graham of SC and Bill Cassidy of Louisiana, along with Sens. Medicaid would change from an entitlement program - where anyone who qualifies receives coverage and the states receive federal reimbursement for a share of the cost - into a program in which states receive a capped amount of funding for each enrollee.

Advanced Micro Devices, Inc. (NASDAQ:AMD) Experiences Heavier than Average Trading Volume

September 25, 2017

The rating was maintained by Canaccord Genuity on Wednesday, June 21 with "Buy". (NASDAQ: AMD ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Hap Trading Lc reported 0.05% of its portfolio in Advanced Micro Devices, Inc . (NASDAQ:AMD) has risen 202.65% since September 23, 2016 and is uptrending.

NBA, NCAA champs will skip White House visit after Trump attacks

September 25, 2017

But that's not the only pro sport the president is feuding with. "LeBron and Steph and any owner, it's an open door now and so they have every right, for the same reasons, to be able to say whatever is on their mind". Well, not bending the knee is how you disrespect the US. "If NFL fans refuse to go to games until players stop disrespecting our flag & country, you will see change take place fast".

Crown Castle International Corp (NYSE:CCI) Stock Price Up as Sentiment Falls

September 25, 2017

About 2.72 million shares traded or 18.26% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since September 24, 2016 and is uptrending. Royal Bankshares Of Canada invested in 52 shares. Dimensional Fund Advsrs Ltd Partnership stated it has 55,915 shares. Pictet Asset Limited owns 259,101 shares.

Ameriprise Financial Inc. Boosts Holdings in KapStone Paper and Packaging Corporation (KS)

September 25, 2017

It has a 22.32 P/E ratio. The specialty hospitals segment consists of hospitals created to serve the needs of long term acute patients and hospitals created to serve patients that require intensive medical rehabilitation care. Narrowing in a bit closer, the 5 month price index is 0.91286, the 3 month is 1.06229, and the 1 month is now 1.04385. It is negative, as 43 investors sold Packaging Corp Of America shares while 167 reduced holdings.

Ireland's Tidiest Town for 2017 has been revealed

September 25, 2017

BIRDHILL has been named the overall victor in the 2017 Tidy Towns competition, it has been announced. The village beat off a record 870 towns and villages throughout the country that entered the SuperValu-backed National Tidy Towns competition.

EPS for Costco Wholesale Corporation (COST) Expected At $2.01

September 25, 2017

COST has been the topic of a number of research reports. The company was maintained on Thursday, June 15 by RBC Capital Markets. The stock decreased 0.12% or $0.19 on September 22, reaching $161.29. The rating was maintained by RBC Capital Markets on Thursday, August 3 with "Buy". On Tuesday, August 9 the stock rating was maintained by HSBC with "Hold".

Student Transportation Inc. (NASDAQ:STB)

September 25, 2017

Stock analysts at National Bank Financial issued their Q2 2018 EPS estimates for Student Transportation in a research note issued on Wednesday. Scotia Capital Inc. Marshall Wace Ltd Liability Partnership accumulated 21,303 shares. Another trade for 2,400 shares valued at $438,552 was made by Caret Leanne G on Wednesday, May 3.

Rubens portrait of James I's 'lover' found after 400 years

September 25, 2017

Tell-tale signs that it was painted by Rubens were revealed by restoration work commissioned by Britain's Lost Masterpieces , on BBC Four, presented by the art historian Dr... He was assassinated in 1628 aged 35 - three years after James I died. 'Glasgow is proud of its extensive art collection, considered by many to be amongst the finest in Europe.

American private equity firm makes $5.3bn offer for Nets

September 25, 2017

Danish payments services group Nets said on September 25 it received and would recommend an offer from funds controlled by Hellman & Friedman and other investors. Deutsche Bank, Morgan Stanley and Bank of America Merrill Lynch are leading a debt financing backing the buyout and are set to be joined by other banks shortly, banking sources said.

Gas prices dropping in northern New England

September 25, 2017

Gasoline prices are slowly but steadily falling after they previously skyrocketed in the aftermath of Hurricane Harvey. AAA also expects prices to retreat as demand drops with the end of the summer driving season and the switch to winter-blend gasoline takes effect.

Aircel-Maxis case: Enforcement Directorate attaches Karti Chidambaram's assets, bank accounts

September 25, 2017

It has been learnt that Karti's fixed deposits worth Rs. 90 lakh have also been attached, the report says. ED also found that a company promoted by Karti and P Chidambaram's nephew A Palaniappan allegedly received $2 lakh from the Maxis Group in the guise of software consultancy, reported ANI .

$10.45 Billion in Sales Expected for Merck & Company, Inc. (MRK) This Quarter

September 25, 2017

During the same quarter in the previous year, the firm posted $0.93 earnings per share. (NYSE:MRK). Augustine Asset Management has invested 3.64% in Merck & Co., Inc. Beacon Financial Group Inc, Texas-based fund reported 5,211 shares. Stevens Capital Management LP purchased a new position in shares of Merck & in the first quarter valued at $15,126,000.

Maxim Group Reaffirms "Buy" Rating for Apple Inc. (AAPL)

September 25, 2017

Trust Company Of Toledo Na acquired 14,245 shares as Coca (KO)'s stock rose 6.48%. About 195,782 shares traded. Coca now has $194.03 billion valuation. "We continue to believe Apple's stock will not only benefit from the upcoming iPhone cycle but also the company's capital distribution initiative, attractive valuation and potential new innovations".

Lenders 'underestimate' risks of consumer debt, says Bank of England

September 25, 2017

The Financial Policy Committee (FPC) said that while climbing debt levels do not pose immediate risks to the British economy, banks are in a more precarious position. The extra £10 billion is small in the context of the £280 billion of core capital held by British lenders, but the Bank said it expected banks to take the greater risks into account in their future lending plans.

Reduces Position in Simon Property Group, Inc. (SPG)

September 25, 2017

The stock decreased 0.48% or $0.77 on September 22, reaching $158.81. About 14 shares traded. Additionally Simon Property Group, Inc. announced a dividend for shareholders which was paid on Thursday the 31st of August 2017. (Operating Partnership), is the Company's partnership subsidiary that owns all of its real estate properties and other assets. Carnegie Cap Asset Limited Com holds 0.08% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 3,981 shares.

Gotham Asset Management LLC Acquires 920285 Shares of Intel Corporation

September 25, 2017

Intel Corporation (NASDAQ: INTC ) last announced its earnings results on Thursday, July 27th. It has outperformed by 2.77% the S&P500. Fruth Investment Management decreased its stake in Xerox (XRX) by 75.67% based on its latest 2017Q2 regulatory filing with the SEC.

Clovis Oncology, Inc. (NASDAQ:CLVS) Shares Bought by American Century Companies Inc

September 25, 2017

EAM Investors LLC owned about 0.09% of Clovis Oncology worth $3,960,000 as of its most recent SEC filing. Palo Alto Investors Llc sold 565,382 shares as Clovis Oncology Inc ( CLVS)'s stock declined 20.61%. Community Comml Bank Na invested in 163,114 shares or 0.55% of the stock. Walker Karen had sold 7,802 shares worth $244,125. Clovis Oncology Inc (NASDAQ: CLVS ) has risen 282.71% since September 22, 2016 and is uptrending.

Biogen Inc. (BIIB) Shares Bought by Calamos Advisors LLC

September 25, 2017

Biogen Inc (NASDAQ:BIIB) has risen 4.94% since September 24, 2016 and is uptrending. It has underperformed by 11.76% the S&P500. TIER REIT, Inc.is a real estate investment trust. After $5.04 actual earnings per share reported by Biogen Inc for the previous quarter, Wall Street now forecasts 11.31% EPS growth. Investors sentiment decreased to 0.88 in 2017 Q2.

Oakview Capital Management LP Buys 16937 Shares of Dow Chemical Co (DOW)

September 25, 2017

It is down 20.72% since September 24, 2016 and is uptrending. It has outperformed by 4.02% the S&P500. Harding Loevner Lp increased Icici Bk Ltd (NYSE:IBN) stake by 4.97M shares to 49.91 million valued at $447.67M in 2017Q2. The firm has "Hold" rating given on Friday, August 25 by Jefferies. The firm has "Hold" rating given on Monday, May 2 by Jefferies. The rating was initiated by Barclays Capital on Wednesday, November 4 with "Equal-Weight".

Gilead Sciences, Inc. (NASDAQ:GILD) Shares Sold by National Asset Management Inc

September 25, 2017

Caterpillar Inc Del now has $73.53 billion valuation. The stock increased 2.68% or $1.56 on September 22, reaching $59.75. About 2.62M shares traded. Caterpillar Inc. Jefferies maintained the shares of GILD in report on Tuesday, October 25 with "Buy" rating. BMO Capital Markets maintained the shares of GILD in report on Friday, July 21 with "Hold" rating.

Sensex ends 295 points lower; Nifty settles at 9873-level

September 25, 2017

The 30-scrip Sensitive Index ( Sensex ) of the BSE , which opened at 31,986.40 points, closed at 31,626.63 points - down 295.81 points or 0.93 per cent, from its previous close at 31,922.44 points. Modi is expected to make a huge announcement on reviving the economy, reports said. On Friday, the benchmark indices witnessed the steepest fall since November 2016, on the back of escalating geo-political tensions between North Korea and the U.S., a weak rupee and heavy selling pressure in ...

Do Institutional Investors Love Tanger Factory Outlet Centers Inc (NYSE:SKT)?

September 25, 2017

About 983,567 shares traded. The value of the total investment in Tanger Factory Outlet Centers, decreased from $8,744,000 to $8,420,000 a change of 3.7% quarter over quarter. The dividend payment was $0.343 per share for the quarter or $1.37 annualized. Northwestern Mutual Wealth Management Com accumulated 1,666 shares or 0% of the stock.

Credit Suisse takes ABB to the United States with GE deal

September 25, 2017

GE Industrial Solutions had revenue of $2.7 billion previous year and employs about 13,500 people worldwide. GE shares closed Friday at $24.87 and are indicated 0.1% higher in premarket trading. The company employs about 13,500 people around the world. The transaction is expected to be operationally accretive in year one and to help ABB realise some United States dollars 200 million in annual cost synergies in year five, it said.

Aldi unveils plans for 70 new United Kingdom stores

September 25, 2017

With the traditional supermarkets chopping down prices, Aldi has been forced to do the same in order to maintain its value proposition. However, operating profit was down 17% to £211.3m as Aldi invested over £450m of capital expenditure opening new stores and improving its distribution centres in the United Kingdom and Ireland.

Nigeria says its oil output remains below agreed OPEC cap

September 25, 2017

London Brent crude for November delivery was up 1 cent at United States dollars 56.87 a barrel by 0049 GMT, having settled up 0.8% on Friday. "OPEC's compliance has been acceptable overall". This, he said, "is supporting Brent and in turn is supporting US products and WTI as well". Moreover, the market eyes the referendum on the independence of Kurdistan, which is scheduled for September 25.

German business confidence slips in pre-election survey

September 25, 2017

Deutsche Lufthansa shares rallied almost 2 percent after reports that the airline group is offering to pay 200 million euros to buy its bankrupt smaller opponent Air Berlin. "At the moment people are still perplexed", Wohlrabe told Reuters, adding that a so-called "Jamaica" coalition between Merkel's conservatives with the pro-business Free Democrats (FDP) and the Greens would be hard to achieve.

Information