Economy / 341

Most Active Performers for the Day: NetApp, Inc. (NASDAQ:NTAP)

February 17, 2018

Finally, Wells Fargo & Co reissued a market perform rating and issued a $50.00 target price on shares of NetApp in a research note on Tuesday, November 14th. Pivotal Research set a $62.00 price target on NetApp (NASDAQ:NTAP) in a research report report published on Thursday, Marketbeat.com reports. NetApp (NASDAQ:NTAP) last released its quarterly earnings results on Wednesday, February 14th.

Portland General Electric (POR) Releases Earnings Results, Misses Estimates By $0.17 EPS

February 17, 2018

The stock decreased 1.86% or $0.76 during the last trading session, reaching $40.2. Systematic Mgmt L P reported 32,195 shares or 0.03% of all its holdings. The firm has "Neutral" rating by UBS given on Monday, July 31. The rating was initiated by M Partners with "Neutral" on Wednesday, June 29. The rating was downgraded by Goldman Sachs to "Sell" on Thursday, January 19.

Motco Has $4.24 Million Position in Intel Co

February 17, 2018

Another trade for 89,087 shares valued at $3.99 million was made by BRYANT ANDY D on Monday, October 30. Intel (NASDAQ: INTC ) last released its quarterly earnings results on Thursday, January 25th. equities analysts predict that Intel Co . will post 3.51 earnings per share for the current fiscal year. Credit Ltd Co has 2.1% invested in Intel Corporation (NASDAQ:INTC).

Concourse Capital Management LLC Has $6.71 Million Stake in Liberty Global plc

February 17, 2018

Liberty Global plc - Class C comprises approximately 3.9% of Concourse Capital Management LLC's portfolio, making the stock its 12th largest holding. (NYSE:GMED) on Wednesday, July 27 with "Equalweight" rating. The stock of Globus Medical, Inc. Canaccord Genuity maintained the shares of GMED in report on Thursday, August 17 with "Buy" rating.

Marathon Oil Corporation (NYSE:MRO) reported 4Q loss of $28 million

February 17, 2018

The stock increased 0.10% or $0.0163 during the last trading session, reaching $15.5763. At one point in the past year, the shares traded as low as $47.78 but has recovered 41.9% since then. Stratos Wealth accumulated 15,213 shares. Wesbanco Bank Inc. decreased its stake in shares of Marathon Petroleum Corp (NYSE:MPC) by 10.9% during the fourth quarter, according to its most recent filing with the SEC.

BBC Look North presenter Christa Ackroyd facing tax bill of £420k

February 17, 2018

HMRC has won its case against former BBC " Look North " presenter Christa Ackroyd at an IR35 tribunal. The tribunal stressed that HMRC had "never suggested" Ackroyd was a tax cheat or had acted dishonestly. Representatives from the BBC then refused to meet with Ms Ackroyd or her advisers, according to Ackroyd. "In our view the most significant factors in the present case include the fact that the BBC could control what work Ms Ackroyd did pursuant to the hypothetical contract".

RECALLS: Four brands of dog food recalled over euthanasia drug fears

February 17, 2018

They were running into the walls. Dog food shipments were recalled, their manufacturer said, after an independent investigation found they contained a euthanasia drug. Two months later, Party Animal recalled two lots of its Cocolicious dog food in April 2017 after a Texas retailer said a customer brought samples of the food to a testing lab, which detected the drug.

An Entire Family Was Removed From a Cruise Ship Over Violent Brawl

February 17, 2018

Over 20 members of an extended family were removed from a Carnival cruise after a brawl onboard the ship and a series of other incidents. We're not going to post the video or any footage of these violent brawls on our site, if Cruise Hive readers want to they can view one of the videos here.

Kraft Heinz teases possibility of a deal as United States sales decline

February 16, 2018

They expect $0.96 EPS, up 5.21% or $0.05 from last year's $0.91 per share. Here are you charts of the day for Friday February 16, 2018. This works out to a net decrease in ownership of 1.12 million shares, and suggests that institutions are feeling bearish about the stock.

Why Your Shampoo Is Bad For Your Health

February 16, 2018

The US government agency works on range of issues including weather forecasts, severe storm warnings, climate monitoring, fisheries management, and coastal restoration. Air pollution doesn't discriminate between sources when it comes to harming your health. The results revealed that rather than the split of air pollution sources being 75/25 it was far closer to 50/50.

SEC blocks China's takeover attempt for Chicago Stock Exchange

February 16, 2018

The Securities and Exchange Commission ends a two-year long battle by the group to gain approval for the sale, but it also highlights yet another blocked takeover attempt under President Donald Trump's administration. "China, a Chinese company", Trump said in a debate in SC in early 2016. It also had planned to at some point to build an exchange based in China using CHX technology.

Occidental Petroleum (OXY) Stock Rating Upgraded by Citigroup

February 16, 2018

On Monday, December 12 the stock rating was upgraded by Numis Securities to "Buy". The company was maintained on Thursday, October 19 by KeyBanc Capital Markets. Cowen & Co maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Wednesday, September 27. The firm has "Overweight" rating by Morgan Stanley given on Thursday, December 17.

Commerce Dept. Recommends Steep Curbs on Imported Steel

February 16, 2018

In addition to the global tariff, the Commerce Department recommends tariffs of 53 percent and a quota of 63 percent of 2017 levels on steel imported from Brazil, China , Costa Rica, Egypt, India, Malaysia, Korea, Russia, South Africa, Thailand, Turkey and Vietnam.

Teva, Apple shares rip higher after Warren Buffett's Berkshire discloses investments

February 16, 2018

According to the report, at the end of 2017, Buffett's fund held 18.9 million Teva shares (actually, American Depositary Receipts - ADRs- a security traded on the USA exchanges that follows the share of a foreign company), amounting to 1.8% of Teva's shares.

For 21st time, Wegmans named top workplace by Fortune magazine

February 16, 2018

This prestigious recognition program, sponsored by FORTUNE magazine and the Great Place to Work Institute, represents the most definitive employer-of-choice and workplace culture recognition a company can receive. Internationally, the company's Canadian subsidiary, FCT, was named by Great Place to Work as one of that country's Top 50 Best Workplaces for three consecutive years (2015, 2016 and 2017), and a 2017 Best Workplace in Canada for Women, as well as one of the Best Workplaces in ...

United Kingdom retail sales at lowest for nearly a year

February 16, 2018

Retail sales in the United Kingdom saw a rise of just 0.1 percent in sequential terms in January, as compared with the decline of 1.4 percent in the prior month and consensus expectations of a rise of 0.5 percent. Sales expanded by 1.6% last month compared to the year before, markedly slower than the 2.4% growth recorded between January 2016 and 2017. Ms Murphy added: "Sporting equipment sales have grown more than usual in January 2018, following an increased uptake for gym wear".

Dreams of home ownership 'collapse' for UK's young adults

February 16, 2018

Over the past 20 years, average house prices have grown about seven times faster than the average incomes of young adults, according to the IFS study. The proportion of 25 to 34 year olds who own their own home has dropped from 64% to 32% in the South East and by over 10% in every region. The finding tallies with an earlier warning from the IFS that wealth is likely to become more concentrated in older people as the young struggle to buy homes at a time when they are having to pay more ...

Coinbase blames Visa as it fields overcharging complaints

February 16, 2018

Posting on the Coinbase subreddit, customers indicated that previous, authorized withdrawals from their bank accounts were duplicated without authorization multiple times. "This is related to the recent MCC code change by the card networks and card issuers charging additional fees". "Coinbase is actively working with major card networks to create a new MCC for digital currency purchases", it added.

Tax Time Is Scam Time: IRS Issues Warning for New Con

February 16, 2018

In one scenario, scammers contact their victims posing as debt collection agents, saying that the IRS has deposited a refund in their bank account by error. "I learned not to answer the phone - unless I recognize the number". Another version uses an automated call with a recorded voice purportedly from the IRS.

PNB scam, a unsafe potential contagion in the financial system: ASSOCHAM

February 16, 2018

PNB first notified India's Central Bureau of Investigation ( CBI ) of its discovery in late January, and on Monday it issued a "caution notice" to warn other lenders about the suspected fraud. He also said that the PNB employees who were involved in the fraud, have also been reported to the regulators, along with the creditors. Asked at the press conference about the action taken by the Prime Ministers Office after Bengaluru resident Hari Prasad warned it in a letter in July 2016 against ...

House education budget bill passes without appropriation

February 16, 2018

The bills have seen no action since they were introduced. "Establishing a fixed amount for the New Mexico Lottery Scholarship awards will give students more certainty about the money they can expect to receive while they are pursuing their degrees", said Rep.

Russian 'mercenaries' said to be among those killed in U.S. counter-attack

February 16, 2018

President Bashar Assad's government "has become a front for Iran, Hezbollah and their allies" to advance their "irresponsible and risky agenda for the Middle East" - and to entrench themselves in Syria , she said. The officials said the USA was puzzled because proper procedures had been followed - American forces used the deconfliction line to get Russia's go-ahead to defend coalition forces against the attackers.

Indian bank says it has ability to recover funds

February 16, 2018

The BSE has sought clarifications from banks that figured in news reports as being impacted by the fraud . PNB's managing director said the bank will honour every payment owed to these banks. On the condition of anonymity, an official with the CBI told Reuters that the cases were related. If Nirav Modi has indeed fled India as news reports suggest , there will be a lot for the Modi government to explain-again.

Newell Brands Inc (NWL) Shares Bought by Condor Capital Management

February 16, 2018

The rating was maintained by Forward View Consulting with "Buy" on Friday, September 8. BMO Capital Markets lowered their target price on Newell Brands to $25.00 and set a "market perform" rating on the stock in a research note on Friday, January 26th.

FY2018 EPS Estimates for Avis Budget Group Inc. Decreased by Analyst (CAR)

February 16, 2018

The hedge fund held 35,850 shares of the consumer services company at the end of 2017Q3, valued at $1.36M, up from 24,608 at the end of the previous reported quarter. COPYRIGHT VIOLATION NOTICE: " Avis Budget Group (NASDAQ:CAR) Earning Somewhat Positive Media Coverage, Report Finds" was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal.

Congress calls Nirav 'Chota Modi', flashes his Davos photo; BJP fumes

February 16, 2018

Punjab National Bank ( PNB ) has demanded a concrete repayment action plan from Nirav Modi, the prime accused in the Rs 11,300-crore "Letter of Undertaking" scam, a top bank official said . Nirav Modi, the billionaire at the centre of this controversy, is a luxury diamond jewellery designer who stood at the 57th position in the Forbes list of India's billionaires in 2017.

Lloyds to withdraw £109bn Widows portfolio from Standard Life Aberdeen

February 16, 2018

At the time of the merger, SLA said it had agreed with Lloyds to discuss "ways in good faith to build a successful relationship". No such agreement was reached and, as such, Scottish Widows and Lloyds Wealth have terminated the contracts and set about reviewing asset management arrangements.

Oil Prices Rise on Saudi Comments

February 16, 2018

The energy sales to China are still modest compared with the $US9.7 billion of oil shipped by the Organisation of the Petroleum Exporting Countries (OPEC) to China in January. The price of Brent crude oil fell to $62.79 per barrel on Wednesday, down some 10% from its high of $70.26, which it achieved last month for the first time since 2014.

Josh Gad mourns death of friend's young son in Florida school shooting

February 16, 2018

Trump's address came about two hours after the president issued a proclamation honoring the victims of one of the worst school shootings in USA history, ordering the American flag to be flown at half-staff at the White House and all public buildings and grounds.

HEB plans to buy Austin-based delivery company Favor

February 16, 2018

H-E-B is Texas' largest supermarket company, but operates only as Central Market in metropolitan Dallas-Fort Worth, with H-E-B stores in nearby Burleson and Granbury and another under construction in Hudson Oaks. In 2017, Favor more than doubled its footprint across the state and became the first US on-demand delivery company to achieve profitability at scale.

Ramaphosa elected as South Africa's new president

February 16, 2018

Once passed, Zuma and all the members of his cabinet will be required to resign. Supporters of the new President sang and danced outside the National Assembly following his speech. The Zimbabwean parliament subsequently approved Mugabe's impeachment, after which the long-serving leader stepped down. Jacob Zuma stepped down with immediate effect late Wednesday night.

Technical Intermediate look - Henry Schein, Inc. (HSIC)

February 16, 2018

The stock ended last trade at 68.43 a share and the price is up more than -2.07% so far this year. Crane Co. (NYSE:CR) has risen 42.66% since February 15, 2017 and is uptrending. (NASDAQ:HSIC) for 218,513 shares. (NASDAQ:HSIC). Cambridge Invest Inc has 0% invested in Henry Schein, Inc. UBS initiated Henry Schein, Inc. (NASDAQ:HSIC).

Malaysia Economic Growth Slows In Q4

February 15, 2018

That compares to the previous quarter's 6.2% print and a median estimate of 5.55% on year growth in a Nikkei Markets survey of economists. Growth is expected to remain favourable in 2018, with domestic demand continuing to be the key driver of growth.

Safe Haven Investment Portfolio Stocks: McDonald's Corporation (NYSE:MCD)

February 16, 2018

California Public Employees Retirement System now owns 2,173,790 shares of the fast-food giant's stock worth $340,589,000 after acquiring an additional 85,970 shares in the last quarter. The return on assets ratio shows how well management is employing the company's total assets to make a profit. Schroder Invest Mgmt Group reported 1,280 shares.

US Bancorp Announces Resolution Finalizing Legacy BSA / AML Matters

February 15, 2018

The U.S. Justice Department said US Bancorp's inadequate safeguards against money laundering led the bank to miss suspicious transactions for a five-year period from 2009-2014. The banks Anti-Money Laundering Officer says the program is an effort to "use "smoke and mirrors" to 'pull the wool over the eyes, '" of one regulatory agency.

Ajit Pai faces investigation into moves that benefit Sinclair Broadcasting

February 16, 2018

Pallone, the top Democrat on the committee that oversees the FCC, told NYT. The office of the FCC's nonpartisan inspector general didn't comment on "the existence or the nonexistence of an investigation" to The New York Times . "For many years, Chairman Pai has called on the FCC to update its media ownership regulations ", the FCC spokesman said. An FCC spokesman refuted the ambiguous - at least for now - accusations that have been levied against his office and the chairman.

Dyess AFB Will Get New Bomber Fleet if Trump Has His Way

February 15, 2018

When the B-21 replaces both the B-2 and B-1, the Air Force bomber fleet is expected to be 100 B-21s and 75 B-52s. "Abilene looks forward to having Dyess continue to be a B-1 base until this highly-capable bomber is retired", Bridwell said .

Nektar Therapeutics' (NKTR) "Buy" Rating Reaffirmed at Mizuho

February 16, 2018

About 4.57 million shares traded or 73.61% up from the average. Bristol-Myers Squibb and Nektar Therapeutics announce global development & commercialization collaboration for Nektar's CD122-biased agonist, NKTR-214. The rating was maintained by Piper Jaffray with "Overweight" on Thursday, January 7. Jefferies Group restated a "buy" rating and set a $35.00 price target on shares of Nektar Therapeutics in a research report on Wednesday, November 8th.

Galliford Try seeks £150m from investors after Carillion crash

February 15, 2018

Following the crash of Carillion, the firms' joint venture on the Aberdeen Western Peripheral Route road has been delayed. In January Galliford said Carillion's liquidation would require an additional cash contribution of £30m to £40m and it has largely stuck with this estimate suggesting there have been further cost over-runs on the development.

Canaccord Genuity Analysts Give Lululemon Athletica (LULU) a $75.00 Price Target

February 15, 2018

The stock decreased 0.64% or $1.25 during the last trading session, reaching $193.95. TriCo Bancshares (TCBK) has risen 30.78% since February 15, 2017 and is uptrending. Advisory Ntwk Limited Liability Company holds 0.03% of its portfolio in Enstar Group Limited (NASDAQ:ESGR) for 1,071 shares. (NASDAQ:LULU) has "Hold" rating given on Thursday, June 1 by Credit Suisse.

US Senate showdown over 'Dreamer' immigrants

February 15, 2018

Anything that can get 60 votes will pass; everything else will fall by the wayside. Some Republicans also want to reshape and restrict legal immigration , which could have a major impact on those aspiring to come to America from around the world.

Saturna Capital CORP Cuts Holdings in Adobe Systems Incorporated (ADBE)

February 16, 2018

About 29.09 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 15, 2017 and is uptrending. It has outperformed by 25.59% the S&P500. As per Tuesday, October 11, the company rating was reinitiated by FBR Capital. Wunderlich upgraded Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, March 17.

Speculation swirls as TDC withdraws from MTG merger amid new bid

February 15, 2018

TDC's board said at the time that it was "convinced" of the merits of the deal with MTG. "Modern Times Group MTG AB has been informed by TDC A/S that its board of directors intends to withdraw its recommendation of the signed agreement with MTG to combine its Nordic Entertainment and MTG Studios businesses with TDC Group", MTG said Monday.

Opera Trading Capital Buys 745 Shares of Alphabet Inc (GOOG)

February 15, 2018

Eagle Global Advisors LLC boosted its holdings in Alphabet by 0.5% during the second quarter. Koch Industries Inc. now owns 1,161,725 shares of the information services provider's stock valued at $1,160,000 after purchasing an additional 1,161,184 shares during the period.

Abbott Laboratories (ABT) Shares Bought by Koshinski Asset Management Inc

February 15, 2018

About 276,058 shares traded. COPYRIGHT VIOLATION WARNING: "Abbott Laboratories ( ABT ) Stake Raised by Benjamin F. Edwards & Company Inc." was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. ValuEngine downgraded Abbott Laboratories from a "buy" rating to a "hold" rating in a research report on Friday, December 1st. Barclays Capital maintained the shares of BWA in report on Monday, January 25 with "Equalweight" rating.

(SBUX) Holdings Lowered by Chickasaw Capital Management LLC

February 15, 2018

About 772,297 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 12, 2017 and is uptrending. It has outperformed by 17.82% the S&P500. The rating was downgraded by Vetr on Friday, August 28 to "Strong-Buy". Stordahl Capital Management Inc. bought a new stake in Starbucks in the fourth quarter worth about $320,000.

Saturday Ratings: PyeongChang Winter Olympics Catch Up to Sochi

February 15, 2018

That's still the closest NBC has come to catching CBS in the measure since the 2002-03 season. ABC's Jimmy Kimmel drew 2.148 million viewers. The sophomore series is up 23% in total viewers over the comparable point in its first season thanks in large part to the special episode that aired after the Super Bowl, which grabbed some 27 million viewers.

PayPal Holdings, Inc. (PYPL) -Sizzling stock

February 15, 2018

PayPal Holdings, Inc.'s insider ownership stands at 0.1 percent, while its insider transaction is -19.94 percent. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider's stock valued at $100,000 after purchasing an additional 1,217 shares during the last quarter.

The Coca-Cola Co (KO) Declares Quarterly Dividend of $0.39

February 15, 2018

Intrust Bank Na who had been investing in British Amern Tob Plc for a number of months, seems to be bullish on the $134.81B market cap company. The stock decreased 0.20% or $0.09 during the last trading session, reaching $44.1. Cipher Cap Ltd Partnership invested in 295,347 shares or 0.14% of the stock. Westside Investment Management Inc. increased its position in The Coca-Cola by 2.6% during the 2nd quarter.

Wall Street Analyst Rating on this Stock: Nationstar Mortgage Holdings Inc. (NSM)

February 15, 2018

It has underperformed by 7.01% the S&P500. Nationstar Mortgage has a twelve month low of $14.67 and a twelve month high of $20.71. According to Finviz reported data, The SMA20 of the stock is at -7.55 percent, SMA50 is -8.85 percent, while SMA200 is -6.46 percent.

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