Economy / 515

Prudential drops Capita from £700m pension contract

January 16, 2018

Mumbai: Tata Consultancy Services (TCS) has expanded its relationship with British retailer Marks & Spencer (M&S) to enable it become a digital-first business. Around 1,100 Capita roles across the United Kingdom sites and 700 positions identified in India will transfer to TCS, Prudential confirmed. The initial £722m agreement - one of Capita's largest to date - started in early 2008 when Capita took on 1,750 of Pru's people in the United Kingdom and 1,250 in India with the grand ambition ...

Bound plane strikes truck on Boston taxiway; no injuries

January 16, 2018

The plane suffered minor damage to its left wing, according to The Associated Press. The plane returned to the gate and passengers were taken off. Massport said there was no one inside the de-icing vehicle at the time. "But a little bump turned into a big inconvenience". Alaska Airlines says it is investigating the cause. The airline said passengers heading to Portland on Flight 33 are being accommodated.

Google Cloud reveals further global expansion plans

January 16, 2018

Google said its network now delivers around 25 per cent of worldwide internet traffic. The U.S. search giant believes that the cloud business expansion will bring the cloud business to the new area. Google has already been named as an investor in the recently-announced HAVFRUE cable that will connect the U.S. to Denmark and Ireland, but it is also investing in the Hong Kong-Guam Cable System (HK-G) and Curie, which will run from Chile to Los Angeles.

UnitedHealth Group Inc (UNH) Shares Sold by NBT Bank NA NY

January 16, 2018

The firm owned 16,349 shares of the healthcare conglomerate's stock after selling 3,855 shares during the period. About 3.94 million shares traded or 35.06% up from the average. Pinnacle Wealth Advisory Group Limited Co holds 0.67% or 5,915 shares in its portfolio. Vr Advisory Services Limited stated it has 575,000 shares. "Has $3.20 Million Holdings in UnitedHealth Group Inc (UNH)" was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal.

Sector Highlights- The Coca-Cola Company (NYSE:KO), DISH Network Corporation (NASDAQ:DISH)

January 16, 2018

Coca-Cola European Partners plc ( NYSE:CCE ) traded down $0.32 during trading on Wednesday, hitting $39.39. Beese Fulmer Inv Mngmt Inc invested in 2.03% or 80,312 shares. Sentinel Asset Management reported 987,200 shares. It fall, as 20 investors sold HHC shares while 54 reduced holdings. Fny Managed Accounts Limited Com has invested 0.04% of its portfolio in Ansys, Inc.

Accenture Plc (ACN) Shares Bought by Pennsylvania Trust Co

January 16, 2018

Martin Investment Management Llc who had been investing in Accenture Plc for a number of months, seems to be bullish on the $98.74 billion market cap company. Its down 0.05, from 1.05 in 2017Q2. 97 funds opened positions while 315 raised stakes. In related news, CAO Richard P. Clark sold 1,433 shares of the stock in a transaction that occurred on Wednesday, January 10th.

McDonald's to recycle packaging in all locations by 2025

January 16, 2018

McDonald's had previously promised to stop using packaging that contributes to deforestation. Recycling infrastructure, regulations and consumer behaviors vary city to city and country to country around the world, said DeBiase. " As the world's largest restaurant company, we have a responsibility to use our scale for good to make changes that will have a meaningful impact across the globe ", said Francesca DeBiase, chief supply chain and sustainability officer at McDonald's.

Shelton Capital Management Boosts Stake in Lowe's Companies, Inc. (LOW)

January 16, 2018

The shares were sold at an average price of $80.20, for a total transaction of $268,830.40. Shelton Capital Management's holdings in Lowe's Companies were worth $5,494,000 at the end of the most recent quarter. It has a 24.31 P/E ratio. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and ...

Citigroup reports steep fourth quarter losses tied to United States tax reform

January 16, 2018

Citigroup reported a $18.3 billion loss in the fourth quarter on Tuesday as the financial conglomerate had to take more than $20 billion in accounting write-downs related to the new tax law. At the end of the period, loans totaled $667 billion, up 7% from the prior year period. Institutional Clients Group revenue of $8.1B down 12% Y/Y.

GE to take $6.2 billion charge tied to GE Capital

January 16, 2018

GE confirmed Tuesday that it has suspended paying the GE Capital dividend for the "foreseeable future". Shares of General Electric Co. tumbled more than 4 percent before the market opened Tuesday. Long-term care insurance covers health-related costs like nursing homes not paid by Medicare or standard health insurance and have become a headache for firms as USA lifespans rise.

Sabra Health Care REIT's (SBRA) Hold Rating Reiterated at Jefferies Group

January 16, 2018

Sabra Health Care REIT has a fifty-two week low of $17.82 and a fifty-two week high of $29.10. The stock has a market cap of $3,177.88, a PE ratio of 18.97, a PEG ratio of 2.42 and a beta of 0.93. Eaton Vance Mgmt stated it has 991,725 shares or 0.41% of all its holdings. 220 were reported by Jnba Advsr. Principal Grp Incorporated stated it has 954,599 shares or 0.02% of all its holdings.

CVS Promotes Truth-In-Advertising For Beauty Products

January 16, 2018

Schroder Mgmt Group Incorporated holds 0.04% of its portfolio in The Buckle, Inc. (NYSE:JEC) has risen 8.36% since January 16, 2017 and is uptrending. Moffett Nathanson upgraded the shares of VZ in report on Tuesday, February 21 to "Buy" rating. Ccm Invest Advisers Ltd Co reported 1.66% stake. It also reduced Alamo Group Inc (NYSE:ALG) stake by 97,572 shares and now owns 594,739 shares.

Mark Zuckerberg loses $3.3 billion after Facebook news feed change

January 16, 2018

A move to downplay the spread of media content on Facebook could also be a response to criticisms that Facebook has allowed "fake news" to spread on the platform. Facebook told some publishers that content from reputable publishers will surface on the news feed based on the new algorithm, Digiday reported . "Some pages may see their reach, video watch time, and referral traffic decrease as the updates roll out over the next couple of months", he wrote.

(CVX) Position Raised by Honkamp Krueger Financial Services Inc

January 16, 2018

Irving Kahn increased its stake in Assured Guaranty (AGO) by 15.98% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 2.03 million shares of the banks company at the end of 2017Q3, valued at $59.92 million, up from 2.00M at the end of the previous reported quarter.

What's Happening With Shares of Casella Waste Sys (CWST) — Technical Focus

January 16, 2018

If the price trends higher and the MFI trends lower (or vice versa), a reversal may be imminent. If price is trending higher and MFI is decreasing over that period, a market top may occur. A popular indicator among technical analysts that can help to measure the strength of market momentum is the Average Directional Index or ADX. Currently, the 14-day ADX for Gemini Group Global Corp (GMNI) is sitting at 32.23.

Shore Capital Reaffirms "Hold" Rating for Tate & Lyle (TATE)

January 16, 2018

Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. Liberum Capital restated a "buy" rating and set a GBX 850 ($11.53) target price on shares of Tate & Lyle in a research report on Monday, January 8th.

Traders Sell Shares of Target (TGT) on Strength (TGT)

January 16, 2018

Smead Capital Management Inc who had been investing in Target Corp for a number of months, seems to be bullish on the $41.75B market cap company. The stock increased 2.20% or $3.72 during the last trading session, reaching $172.75. Therefore 26% are positive. Nordstrom Inc. had 107 analyst reports since August 14, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with "Buy" rating and $210.0 target in Friday, November 17 report.

Astrazeneca Plc (NYSE:AZN) Has Increase in Shorts

January 16, 2018

The stock decreased 0.19% or GBX 10 during the last trading session, reaching GBX 5120. Ameriprise Financial Inc. now owns 3,026,781 shares of the company's stock valued at $102,643,000 after buying an additional 199,519 shares during the last quarter.

Discovery Communications (NASDAQ:DISCK) Given Daily Media Sentiment Rating of 0.25

January 16, 2018

Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Discovery Communications, Inc (Discovery) is a global media company. It is positive, as 65 investors sold DISCA shares while 163 reduced holdings. 57 funds opened positions while 152 raised stakes. Assetmark Incorporated has 0.42% invested in General Motors Company (NYSE:GM).

LLC Has $5725000 Position in Bryn Mawr Bank Corporation (BMTC)

January 16, 2018

The stock had a trading volume of 27,360 shares, compared to its average volume of 63,500. Bryn Mawr Bank Corporation (NASDAQ:BMTC) has risen 41.55% since January 15, 2017 and is uptrending. In other news, EVP Joseph G. Keefer sold 11,500 shares of the company's stock in a transaction on Tuesday, October 24th. Investors sentiment decreased to 1.18 in 2017 Q3.

Greggs posts seventeenth quarter of sales growth

January 16, 2018

The firm expects to accelerate shop openings to a net figure of 110-130 in 2018 from a net 90 in 2017 and said 2018 would also be a record year for investment in its supply chain. Investment in the supply chain has bolstered this success, with the opening of a new national manufacturing facility in Leeds. Company-managed shops saw like-for-like sales increase by 3.7% over the year, and in Q4 sales were up by 3%.

Electronics For Imaging (EFII) Earning Somewhat Positive Press Coverage, Report Finds

January 16, 2018

Closing price generally refers to the last price at which a stock trades during a regular trading session. Walleye Trading Ltd has 3,873 shares. (NASDAQ: EFII ) has risen 14.13% since January 10, 2017 and is uptrending. 246 were reported by Asset Mngmt Group Incorporated. Walthausen & Co. Llc, a New York-based fund reported 452,990 shares. Mason Street Advsr Ltd Liability Com holds 11,769 shares.

Dollar General's (DG) Neutral Rating Reaffirmed at Buckingham Research

January 16, 2018

The stock had a trading volume of 2,315,300 shares, compared to its average volume of 2,720,000. Dollar General Corporation (NYSE:DG) has declined 12.26% since January 14, 2017 and is downtrending. The institutional investor held 170,261 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $13.80 million, up from 117,156 at the end of the previous reported quarter.

Spread the holiday cost: Airbnb launch Pay Less Up Front feature

January 16, 2018

However, one feature that can cause problems and prompt arguments is Airbnb's insistence that you pay the full amount up front, especially for longer stay lets. Once you have booked a place, invite your friends to pay their share by giving Airbnb their email addresses or by sending them a link. Airbnb also said the new payment option "encourages" bookings even further ahead of time.

Iceland is first to pledge a freeze on own-brand plastic packaging

January 16, 2018

The initiative will see them become more eco-friendly by replacing anything plastic trays with cardboard ones, for example, and replacing the plastic bags that fruit is packaged in with net (like most oranges now come packaged in). "The technologies and practicalities to create less environmentally harmful alternatives exist, so Iceland is putting a stake in the ground". He also said Iceland would ensure all packaging was fully recyclable and would be recycled, through support for ...

British American Tobacco Plc (BATS.L) Tenkan Sitting Above Kijun

January 16, 2018

The stock increased 1.24% or GBX 62 during the last trading session, reaching GBX 5077. It also reduced Citigroup Inc (NYSE:C) stake by 380,170 shares and now owns 8.91M shares. Deutsche Bancorp Ag invested 0.15% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Bradsher increased its stake in Biotime Inc (BTX) by 0.59% based on its latest 2017Q3 regulatory filing with the SEC.

A Glimpse Into Insider Trading And Ownership At Freeport-McMoRan Inc. (FCX)

January 16, 2018

It has underperformed by 9.87% the S&P500. Artisan Partners Limited Partnership bought 582,701 shares as the company's stock rose 1.36% with the market. (NYSE:CTL). Community National Bank & Trust Na accumulated 200 shares or 0% of the stock. Wheatland Incorporated invested 0.29% of its portfolio in Freeport-McMoRan Inc.

Couple Arrested After Children Found 'Shackled To Their Beds' In California Home

January 16, 2018

According to the Riverside County Sheriff's Department , all 13 victims were transported to the Perris Station and interviewed by detectives. She was so emaciated cops thought she was 10 years old at first. The children were said to be living in a deplorable condition and also seemed to have been starved. The six children were eventually taken to the Riverside University Hospital System (RUHS) and the seven adult children were moved to Corona Regional Medical Centre, according to reports.

Premier Foods third-quarter sales up on non-branded products

January 16, 2018

At 1020 GMT, the shares were up 4.1% to 44.50p. Overall sales from Premier's Sweet Treats division rose 2.2% year on year, despite the decline in branded sales, and were bolstered by a 19.6% surge in non-branded sales. The company's Batchelors portfolio delivered its fourth successive quarter of sales growth, reflecting the continued benefits of the Nissin strategic partnership, Premier Foods said.

Ramdev's Patanjali announces partnership with Amazon, Flipkart and other e

January 16, 2018

Ramdev attended the programme of Patanjali e-commerce launch of products with the collaboration with leading online shopping portals. "The company estimates that the share of online sales will contribute 15 percent of Patanjali's total turnover in coming years, without specifying the timelines".

BP takes $1.7 billion charge on Deepwater Horizon claims closure

January 16, 2018

BP announced in a statement this morning that it was expecting to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results, with the Deepwater Horizon class action settlement winding down. BP p.l.c. (NYSE:BP) Shares slumps -1.43% in early trade on Tuesday, the oil&gas company will publish its fourth-quarter results on February 6. The 2010 oil spill in the Gulf of Mexico, which was one of the worst environmental disasters in United States history, has ...

Sam's Club Is Closing More Than 60 Stores Nationwide

January 16, 2018

According to Manzi, the store was closed Thursday, will re-open Friday, and is set to close permanently on January 26. Sam's Club is closing 63 stores across the country, but many employees didn't know until they showed up to work, Business Insider reports.

Analysts See $0.48 EPS for Proto Labs, Inc. (PRLB)

January 16, 2018

The stock saw a move of 1.91% during the latest trading session. Qep Res Inc now has $2.67B valuation. If the $112.63 PT is reached, the company will be worth $87.42 million more. FBR Capital initiated the shares of PRLB in report on Wednesday, May 11 with "Outperform" rating. Craig Hallum maintained Proto Labs, Inc. (NYSE:PRLB) is 1.700237.

Morgan Stanley Has $401918000 Position in Phillips 66 (PSX)

January 16, 2018

Weber Alan W decreased Systemax Inc (SYX) stake by 94.57% reported in 2017Q3 SEC filing. Greylin Investment Mangement Inc sold 5,265 shares as Phillips 66 ( PSX)'s stock declined 0.52%. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with "Hold". Scotia Capital maintained the shares of PSX in report on Wednesday, January 10 with "Buy" rating.

(FDX) Shares Bought by SRS Capital Advisors Inc

January 16, 2018

It has underperformed by 43.57% the S&P500. Bristol John W & Company Inc decreased its stake in Fedex Corp (FDX) by 3.08% based on its latest 2017Q3 regulatory filing with the SEC. Colleran Donald F had sold 10,000 shares worth $2.20M on Thursday, September 21. Another trade for 11,150 shares valued at $2.55M was made by Maier Henry J on Thursday, October 26.

Spirit AeroSystems Holdings, Inc. (SPR) sticks nearly 7.39% in last 5 trades

January 16, 2018

The 7 months bullish chart indicates low risk for the $11.16 billion company. The volume of the company in the last trading session was 1.39 Million. The stock exchanged hands with a volume of 0.81 million shares compared to its standard daily volume.

Met Office warns of very strong winds

January 16, 2018

A spokesperson for The Weather Channel said: "The north and west will experience unsettled conditions over the weekend as a deep area of low pressure near Iceland begins to move towards Scotland bringing frontal systems over the British Isles".

$1.65 Billion in Sales Expected for Williams-Sonoma, Inc. (WSM) This Quarter

January 16, 2018

Llc has invested 2.95% in the stock. The hedge fund run by Jeffrey Bronchick held 26,544 shares of the consumer services company at the end of 2017Q3, valued at $1.32M, down from 94,044 at the end of the previous reported quarter. Ellington Management Grp Lc has invested 0.44% in Williams-Sonoma, Inc. Stonebridge Capital Management Inc. now owns 50,925 shares of the company's stock worth $2,655,000 after buying an additional 4,680 shares during the last quarter.

New WhatsApp feature could kill off spam for good

January 16, 2018

If the message has been selected more than 25 times, it will display an alert reading "Message you are forwarding has been forwarded many times" to the forward picker. WhatsApp has a number of tips for spotting spam and fraudulent messages. "To become a frequent user send this message to 10 people who receive it (2 ticks) and your WhatsApp logo should turn Red to indicate a frequent user".

Paisley and Saddier hold big lead at South African Open

January 16, 2018

Paisley began the round one shot up on Grace, but the World No. 30 and eight-time European Tour victor got off to a birdie-eagle start to jump to the top of the leader board. South African JC Ritchie (65) finished third after a colorful final round that included two eagles, six birdies and three bogeys to leave him at 16 under par.

Government representative to manage relationship with Carillion 'rotated off'

January 16, 2018

Mr. Lidington, told the BBC on Monday that it was "regrettable" that Carillion has been unable to secure refinancing. In this time, the government awarded three separate contracts to Carillion worth almost £2bn in total, despite government policy to designate a company as "high risk" and reconsider new contracts if profit warning issued.

Israel's Deflationary Trend Ended in 2017

January 16, 2018

Higher inflation in December was due to hardening vegetable prices (29 per cent) and rising cost of housing (8.25 per cent) after the government's decision to increase house rent allowances for central government employees in line with the 7th Pay Commission recommendations.

Scripps Networks Interactive, Inc. (NASDAQ:SNI) Shares Sold by Ameriprise Financial Inc

January 16, 2018

It has underperformed by 4.67% the S&P500. Finally, Alliancebernstein L.P. raised its stake in Scripps Networks Interactive by 1,107.7% during the 2nd quarter. ILLEGAL ACTIVITY WARNING: "Moon Capital Management LLC Acquires New Holdings in Scripps Networks Interactive, Inc". Shares of Scripps Networks Interactive ( NASDAQ SNI ) traded up $1.77 during trading on Monday, hitting $83.21.

Huntington Ingalls Industries, Inc. (HII), Denbury Resources Inc. (DNR)

January 16, 2018

It has underperformed by 25.78% the S&P500. Syntal Capital Partners LLC bought a new stake in shares of Huntington Ingalls Industries during the second quarter valued at approximately $235,000. (NYSE:HII) earned "Neutral" rating by Citigroup on Wednesday, March 1. (NYSE:HII) rating on Monday, July 11. (NYSE:HII) has "Hold" rating given on Tuesday, August 22 by Cowen & Co.

Liberty Property Trust (NYSE:LPT) Declares $0.40 Quarterly Dividend

January 16, 2018

The stock had a trading volume of 535,690 shares, compared to its average volume of 677,399. Zacks Investment Research lowered Liberty Property Trust from a "hold" rating to a "sell" rating in a report on Wednesday, January 3rd. Investors sentiment increased to 0.33 in 2017 Q3. Its down -0.07, from 1.07 in 2017Q2. It increased, as 59 investors sold AZO shares while 150 reduced holdings.

GAC Enverge electric SUV concept revealed ahead of USA launch

January 16, 2018

For the past eight years, GAC has sold cars and SUVs under the brand Trumpchi in its home market, but is now researching new names before the company's expected USA debut in the fourth quarter of 2019. The automaker had chose to call its debut USA brand "Trumpchi", as that sounded close to the Chinese name for the brand. As an example, he noted that Buick sells "about three times as many vehicles in China as they sell here".

Chipotle Mexican Grill, Inc. (CMG) Position Held by Advantus Capital Management Inc

January 16, 2018

Buckhead Capital Management Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $900.87 billion market cap company. Tanaka Capital Mgmt has 7.88% invested in Apple Inc. The original version of this story can be viewed at https://www.thelincolnianonline.com/2018/01/10/chipotle-mexican-grill-cmg-cut-to-sell-at-valuengine-updated.html.

Cracker Barrel Old Country Store (CBRL) Stock Rating Upgraded by BidaskClub

January 16, 2018

It has underperformed by 3.88% the S&P500. Baird Financial Group Inc. increased its stake in shares of Cracker Barrel Old Country Store by 2.2% in the second quarter. Scout reported 0.16% stake. Cracker Barrel Old Country Store (NASDAQ:CBRL) last issued its earnings results on Tuesday, November 22nd. Miller Howard Invests Incorporated reported 374,169 shares.

BRYN MAWR TRUST Co Buys 19009 Shares of Mosaic Company (The) (MOS)

January 16, 2018

It has underperformed by 24.57% the S&P500. Seidman Lawrence B increased its stake in Coastway Bancorp Inc (CWAY) by 64.97% based on its latest 2017Q3 regulatory filing with the SEC. Therefore 23% are positive. MOS was included in 81 notes of analysts from July 22, 2015. The firm has "Hold" rating by RBC Capital Markets given on Friday, June 9.

EPS for Good Times Restaurants Inc. (GTIM) Expected At $

January 16, 2018

American Tower Corp now has $59.02 billion valuation. The stock increased 3.27% or $17.61 during the last trading session, reaching $555.53. (NASDAQ:BWLD) has "Hold" rating given on Friday, November 10 by Robert W. In other Buffalo Wild Wings news, Director International Master F. Marcato purchased 950,000 shares of the firm's stock in a transaction on Tuesday, December 19th.

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