Economy / 258

European Union watchdog wants former Commission president's Goldman Sachs role reassessed

March 16, 2018

O'Reilly called on the commission to refer Barroso's appointment to its internal ethics committee, while raising questions about the independence of that body. However, his decision to join the Wall Street bank has been much criticized, with more than 130,000 people signing a petition for " exemplary measures ".

Reduces Holdings in Church & Dwight Co., Inc. (CHD)

March 16, 2018

It has outperformed by 33.43% the S&P500. Hudson Valley Investment Advisors Inc decreased C V S Corp Del (CVS) stake by 10.56% reported in 2017Q3 SEC filing. equities analysts predict that Church & Dwight Co., Inc. will post 2.26 EPS for the current year. The rating was reinitiated by Wells Fargo with "Market Perform" on Tuesday, November 15.

Dunkin Brands Group Inc (DNKN) Insider Sells 4500 Shares

March 16, 2018

Dunkin Brands Group Inc (NASDAQ: DNKN ) insider Richard J. Emmett sold 4,500 shares of the stock in a transaction on Friday, February 16th. Shares for $3.96M were sold by TRAVIS NIGEL. Gillespie Robinson Grimm owns 444,224 shares or 3.14% of their United States portfolio. Alliancebernstein LP invested 0% of its portfolio in Dunkin' Brands Group, Inc.

Why Solid Biosciences Is Under Fire From the FDA

March 16, 2018

Solid Biosciences did not publicly disclose that information until January when it made the announcement in a filing with the U.S. Securities and Exchange Commission. Laboratory tests are showing normal blood parameters, and he is continuing to be observed as an outpatient. Solid said it will work closely with the FDA to resolve the clinical hold.

MUFG Americas Holdings Corp Invests $189000 in AvalonBay Communities Inc (AVB)

March 16, 2018

The stock increased 0.17% or $0.27 during the last trading session, reaching $163.74. About 445,014 shares traded. Landscape Capital Management L.L.C. The rating was maintained by Robert W. Baird with "Buy" on Friday, March 2. Jefferies downgraded the shares of AVB in report on Wednesday, June 8 to "Hold" rating.

Blue Apron spikes on plans to sell meal kits in grocery stores

March 16, 2018

At the end of fiscal year 2017, Blue Apron reported 746,000 customers, falling down from 879,000 a year prior to that. Blue Apron has struggled since going public previous year, with its shares battered by Amazon .com's push into the grocery industry and concerns about the subscription meal-kit model.

Virtus Fund Advisers LLC Takes Position in Epizyme Inc (EPZM)

March 16, 2018

Mycio Wealth Partners Llc who had been investing in Duke Energy Corp New for a number of months, seems to be bullish on the $53.64B market cap company. Therefore 64% are positive. Epizyme had 31 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has "Buy" rating by H.C. Wainwright given on Monday, March 14.

Taking Aim at Philippines Index MSCI Ishares (EPHE) Shares

March 16, 2018

A reading over 70 would indicate that the stock is overbought, and possibly overvalued. Of course one bad quarter may not signal trouble, but a company that continually disappoints during earnings season may need to be further examined to help figure out what is going on.

Toys 'R' Us likely to sell or close all USA stores

March 16, 2018

In his letter, Schumer expressed concern about fate of the millions of dollars worth of outstanding gift cards, many of which were purchased around the recent holiday season. Schumer sent a letter to the Federal Trade Commission to make sure consumers with gift cards aren't left holding onto useless pieces of plastic once the iconic company closes down.

The Asbury Automotive Group, Inc. (ABG) Holdings Cut by OppenheimerFunds Inc

March 16, 2018

They expect $0.07 EPS, down 12.50% or $0.01 from last year's $0.08 per share. The Value Composite Two of Asbury Automotive Group, Inc. (NYSE: ABG ) has risen 7.55% since March 13, 2017 and is uptrending. On Wednesday, February 7 the stock rating was maintained by Craig Hallum with "Hold". Among 13 analysts covering BBA Aviation PLC ( LON:BBA ), 6 have Buy rating, 1 Sell and 6 Hold.

Two of Dothan's Winn-Dixie stores are closing

March 16, 2018

Florida will be the hardest hit, with 35 stores closing across the state. Southeastern Grocers announced it will close 94 stores, 10 of those are in Alabama. The company noted that 582 of its other "successful stores" will continue to operate throughout the process. The company expects to emerge from bankruptcy in 90 days.

Stock Analysis: Focusing on Shares of Dr. Reddy's Laboratories Ltd (RDY)

March 16, 2018

At the moment 2 analysts are watching Klondex Mines Ltd . (NASDAQ: KLDX ), 0 rate it "Buy", 2 "Outperform", 0 "Underperform", 0 "Sell", while 0 "Hold". Over the last five days, shares have managed 5.14% gains and now is down -10.19% since hitting its 200-day moving average of $3.35. Goldman Sachs Group Inc.

Enterprise Cyber Security Market: Strategies, Comparison, Challenges and Forecast to 2023

March 16, 2018

Connected Home Security System Market report provides comprehensive analysis of Connected Home Security System Production, Supply, Sales and Demand of the Connected Home Security System Industry North America (United States, Canada, Mexico ).

BancorpSouth Bank Invests $312000 in Ford Motor (NYSE:F)

March 16, 2018

General Motors Company (NYSE:GM) has risen 7.92% since March 15, 2017 and is uptrending. It has underperformed by 8.78% the S&P500. Logan Capital Management Inc increased its stake in General Mtrs Corp (GM) by 3.76% based on its latest 2017Q3 regulatory filing with the SEC.

Ulta Beauty (ULTA) Rating Lowered to Buy at Vetr

March 16, 2018

Boys Arnold & holds 0.57% or 66,179 shares in its portfolio. Wells Fargo And Mn stated it has 532,589 shares or 0.01% of all its holdings. Dekabank Deutsche Girozentrale owns 0% invested in SkyWest, Inc. Catalyst Capital Advsrs Limited Liability has invested 0.08% in Ulta Beauty, Inc . Ulta Beauty, Inc . ( ULTA ) formed double bottom with $183.81 target or 9.00% below today's $201.99 share price.

Revenue Estimates Analysis Cisco Systems, Inc. (CSCO)

March 16, 2018

Camarda Limited owns 0.02% invested in Cisco Systems, Inc. It has outperformed by 1.32% the S&P500. Tiedemann Wealth Management Llc decreased its stake in Cisco Sys Inc (CSCO) by 33.85% based on its latest 2017Q3 regulatory filing with the SEC.

Ares Commercial Real Estate (NYSE:ACRE) Receives Coverage Optimism Rating of 0.24

March 16, 2018

This will reduce the number of "whipsaws", which is good, but will also generate signals later than when using shorter term averages. The established trader's sentiment toward the stock has created a trading environment which can appropriately be designated as pessimistic.

Shareholder Blackrock INC Has Increased Exxon Mobil Corp (XOM) Position

March 16, 2018

It has outperformed by 6.79% the S&P500. Foundation Resource Management Inc increased its stake in Exxon Mobil (XOM) by 2.27% based on its latest 2017Q3 regulatory filing with the SEC. Institutional investors and hedge funds own 53.18% of the company's stock. California Pub Employees Retirement has invested 0.11% in Constellation Brands, Inc.

Virgin Atlantic Cargo revenue up 9% on online shopping, pharmaceuticals

March 16, 2018

Virgin Atlantic Cargo carried 230.5 million kilos (508 million lbs.) a year ago, up 6% on 2016, thanks to particularly strong westbound business to the United States, the carrier said. Virgin Atlantic has announced a second daily service between Heathrow and Johannesburg OR Tambo International airport starting 28 October. The airline also bene ted from its high frequencies of ights to and from 11 destinations in the U.S, re ecting the transatlantic market's position as the world's biggest ...

This 3D-printed house could help reduce global homelessness

March 15, 2018

The Austin-based startup ICON plans to print 100 homes in El Salvador next year, and wants the creations to be part of the solution for communities with major housing needs, according to Alex Le Roux, ICON CEO and one of the co-founders. "For this venture to succeed, they have to be the best houses", Ballard said. New Story has more than just a prototype however. The first demonstration of the design has been shown off at the SXSW convention in Austin, Texas, with plans also revealed to ...

Exports in Feb up 4.5% to USD 25.8 bn: Commerce Secy

March 16, 2018

India's trade deficit narrowed to $12 billion in February, its lowest in five months, amid concern that a global trade war could hit its exports because of U.S. "In contrast, higher commodity prices supported the exports as well as imports of petroleum products and chemicals", said Aditi Nayar, principal economist at ICRA.

TriCo Bancshares (TCBK) Upgraded to "Hold" at BidaskClub

March 16, 2018

The stock increased 0.43% or $0.22 during the last trading session, reaching $51.72. About 16,414 shares traded. Aperio Grp Inc Ltd Limited Liability Company reported 0% of its portfolio in TriCo Bancshares (NASDAQ:TCBK). Investors sentiment decreased to 1.02 in 2017 Q3. Its up 1.28, from 1.43 in 2017Q2. 31 funds opened positions while 88 raised stakes. (NASDAQ:CBSH).

Noticeable Stock: Interpublic Group of Companies (IPG)

March 15, 2018

The firm bought 16,179 shares of the business services provider's stock, valued at approximately $339,000. Several hedge funds and other institutional investors have recently added to or reduced their stakes in IPG . the moving average is serving as a resistance line), then a trader might sell on the next rally up to the Simple Moving Average. The disclosure for this sale can be found here.

Consolidated Communications Holdings Inc (CNSL) Declares Dividend Increase - $0.39 Per Share

March 15, 2018

A number of other equities analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Consolidated Communications from a "hold" rating to a "sell" rating in a research report on Tuesday, January 16th. The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Sunday, April 15th will be given a dividend of $0.3874 per share.

Theranos Founder Accused of 'Elaborate' Fraud

March 16, 2018

It's the stuff that makes Hollywood swoon ( literally ): The company once valued at $9B was founded by a bold college dropout with a fear of needles and a desire to change the world. The story of blood-testing company Theranos was one of the biggest scandals to hit the tech and health care industry in decades. Punishing the startup would further harm investors the SEC is aiming to protect, he said.

Closing bell: Sensex falls 150 points, banking shares continue to slide

March 15, 2018

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,843.47 points, closed at 33,685.54 points - down 150.20 points or 0.44 per cent from the previous session's close. The BSE Midcap and Smallcap indices won the day, surging up to 0.80 per cent. Fertiliser stocks found support after the government approved a proposal to extend urea subsidy till 2020.

Acquires 3000 Shares of Applied Materials, Inc. (AMAT)

March 16, 2018

Applied Materials , Inc. (NASDAQ: AMAT ) ended its day at 60.23 with the rising stream of 0.90% and its total traded volume was 11.88 million shares less than the average volume. As per Tuesday, August 11, the company rating was downgraded by Summit Research. (NASDAQ:AMAT) for 549,473 shares. The stock of FMC Corporation (NYSE:FMC) has "Outperform" rating given on Wednesday, February 14 by Credit Suisse.

President instructs to immediately lift Facebook ban

March 15, 2018

A meeting was held under the patronage of Secretary to the President, Austin Fernando and the representatives of Facebook at the Presidential Secretariat today (15), to arrive at a method to ensure the necessary protection and surveillance and lift the temporary restriction on access to Facebook.

Dollar General Corp. Stock Surges on Strong Same-Store Sales

March 15, 2018

A number of research analysts have issued reports on DG shares. The stock now has an average rating of "Buy" and an average target price of $92.90. They noted that the move was a valuation call. Benjamin F. Edwards & Company Inc. now owns 2,153 shares of the company's stock valued at $200,000 after purchasing an additional 1,102 shares during the last quarter.

Star Wars, Dunkirk boost Cineworld's full-year profits

March 16, 2018

The results come two weeks after Cineworld completed its reverse takeover of United States peer Regal Entertainment Group, paying USD23.00 per share, valuing Regal at USD3.6 billion, compared to Cineworld's December market capitalisation of GBP1.41 billion, when the deal was announced.

White House imposes sanctions on 19 Russians for meddling in election

March 15, 2018

The Treasury Department unveiled new sanctions against five entities and 19 individuals. American intelligence services accuse Russian Federation of carrying out, in prelude to 2016 presidential elections, a sophisticated strategy, by stealing documents and spreading propaganda, to stoke divisions between Americans and help Trump win election.

Uber opens up its London data

March 15, 2018

This is something Uber has clearly taken on board and may have spurred it on to bring Uber Movement to London. Under the changes, Uber is making it clearer for riders that all its drivers in London are licensed by TfL and that requests for rides are accepted before drivers are allocated.

Moab Capital Partners LLC Has Increased Time Warner INC (TWX) Position

March 15, 2018

Rlj Lodging Tr now has $3.58 billion valuation. The stock decreased 1.01% or $1.59 during the last trading session, reaching $155.95. About 3.73M shares traded. Time Warner had a net margin of 16.78% and a return on equity of 18.96%. (NYSE: TWX ) for 2,812 shares. During the same period in the prior year, the firm earned $1.25 earnings per share.

Abercrombie & Fitch (ANF) Price Target Increased to $19.00 by Analysts at Nomura

March 15, 2018

That activity is comparable to their recent volume average trend of almost 2.74 million shares which they recorded over a period of three months. The stock increased 1.23% or $0.27 during the last trading session, reaching $22.15. Shareholders of record on Friday, March 9th will be given a dividend of $0.20 per share. It improved, as 27 investors sold ANF shares while 51 reduced holdings.

FDx Advisors Inc. Has $1.29 Million Stake in Leggett & Platt, Inc. (LEG)

March 15, 2018

About 668,711 shares traded. The Kroger Co. (NYSE:KR) has declined 16.08% since March 14, 2017 and is downtrending. It has outperformed by 35.95% the S&P500. In related news, Director Robert Ted Enloe III sold 5,871 shares of the stock in a transaction dated Thursday, February 15th. The insider DONNELLY MICHAEL JOSEPH sold $1.23 million.

British bank HSBC to disclose 59 per cent gender pay gap

March 15, 2018

However, the company also reported a 59% gap on the mean measure for hourly pay for 2017. The gap was even more stark when focusing on bonuses. In the report published on the bank's website, HSBC promised to get more women in higher paid positions.

Technical Focus on Shares of United Microelectronics Corp (UMC)

March 16, 2018

The stock increased 0.40% or $0.07 during the last trading session, reaching $16.49. The stock was acquired at an average price of $19.52 per share, for a total transaction of $107,360.00. The rating was maintained by SunTrust with "Buy" on Monday, January 22. Kinder Morgan is aware of the FERC announcement today of a notice of proposed rule-making (NOPR) on the impact of the Tax Cuts and Jobs Act on FERC-regulated rates for natural gas and oil pipelines.

Steve Wynn May Seek to Sell His 12% Stake in Wynn Resorts

March 15, 2018

About 240,474 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since March 15, 2017 and is uptrending. It has outperformed by 28.95% the S&P500. Investors sentiment decreased to 1.12 in 2017 Q3. Its up 0.11, from 1.12 in 2017Q2. It is positive, as 33 investors sold WYNN shares while 148 reduced holdings.

Khazanah announces new leader for China, North Asia

March 16, 2018

Based in the Hong Kong office, Chan will lead the investment activities in the region for the Ontario Teachers beginning June 1. "Ben's in-depth knowledge of the region will serve us well as we look to grow our investments in Asia-Pacific and support our portfolio of worldwide companies looking to expand their footprint and capabilities in that region".

Lawmaker wants Toys R Us to issue cash refunds for gift cards

March 15, 2018

The best advice: Spend them immediately, if possible. Toys R Us has not said when it is will stop accepting gift cards or what will happen to the remaining balance after liquidation. In 2011, a bookstore chain called "Borders Group" was liquidated and any gift cards they still had in circulation became worthless. Bankrupt retailers may eventually honor a gift card, even if they don't right away, said FTC spokesperson Frank Dorman.

Most Active Volume Stock: The Charles Schwab Corporation (NYSE:SCHW)

March 15, 2018

About 32,710 shares traded. Celgene Corporation ( NASDAQ :CELG) has risen 17.00% since March 14, 2017 and is uptrending. It has outperformed by 164.79% the S&P500. Fj Mngmt Limited Liability Corporation owns 5,000 shares or 0.03% of their U.S. portfolio. (NYSE:WBC). 3,817 are owned by Metropolitan Life Insurance Ny.

Credit Suisse Group Reaffirms "Hold" Rating for Petroleo Brasileiro SA Petrobras (PBR)

March 15, 2018

PetrÃ³leo Brasileiro S.A. - Petrobras (NYSE:PBR) has risen 39.56% since March 14, 2017 and is uptrending. It has outperformed by 22.86% the S&P500. Prince Street Capital Management Llc increased its stake in Petroleo Brasileiro Sa Petro (PBR) by 397.94% based on its latest 2017Q3 regulatory filing with the SEC.

Should You Hold Energy Transfer Equity, LP (NYSE:ETE)

March 15, 2018

It has outperformed by 25.98% the S&P500. The stock traded within a range of $15.00 and $15.42. Institutional investors and hedge funds have recently modified their holdings of the company. A rating of 1 or 2 would be indicating a Buy recommendation. Energy Transfer Equity LP now has $16.39 billion valuation. First Republic Investment Management Inc.

Gilead Sciences, Inc. (GILD) EVP Sells 25000 Shares of Stock

March 16, 2018

The stock of Gilead Sciences, Inc . (NASDAQ: GILD ) shares. During recent trading, shares saw a move of -1.96% hitting a price of $79.51. Hanson & Doremus Investment Management now owns 1,813 shares of the biopharmaceutical company's stock worth $147,000 after purchasing an additional 1,613 shares during the period.

American Tower Corp (NYSE:AMT) Shares Sold by Eagle Asset Management Inc

March 15, 2018

American Tower announced that its Board of Directors has approved a share buyback plan on Thursday, December 7th that allows the company to buyback $2.00 billion in shares. Texas Yale Cap reported 0.12% stake. As Leucadia National Corporation has a P/S, P/E and P/B values of 0.68, 14.4 and 0.86 respectively. (NYSE:C) on Tuesday, February 27.

RP Infosystem directors arrested

March 15, 2018

The FIR was filed on the basis of a complaint from D.V. Prasad Rao, the deputy general manager of Canara Bank's Camac Street branch. Canara Bank had recently filed a fresh complaint against Kolkata-based R P Infosystem and its directors following which the CBI initiated a probe into the matter.

Marathon Oil (NYSE:MRO) Getting Somewhat Favorable News Coverage, Study Shows

March 15, 2018

About 308,059 shares traded. Segment Wealth Mngmt Ltd Liability invested 0.1% of its portfolio in Marathon Petroleum Corporation (NYSE: MPC ). It has outperformed by 29.50% the S&P500. 344 are held by Community State Bank Na. New York State Teachers Retirement invested in 939,732 shares or 0.13% of the stock. Guardian Life Insur Of America stated it has 0% of its portfolio in Marathon Oil Corporation (NYSE:MRO).

Spotify will go public on April 3

March 15, 2018

The music-streaming company announced the timing at an investor day Thursday, in a live-streamed hours-long event created to introduce the company to public market investors. Spotify said subscriber growth gave the company a clear path to profitability as revenue grew 39% to €4.09bn ($5.03bn, £3.61bn) in 2017 from €2.95bn ($3.63bn, £2.6bn) in 2016.

Price Target Overview of Pepsico, Inc. (NYSE:PEP)

March 15, 2018

Pepsico, Inc . (NYSE:PEP) gained 0.75 Percent and closed its previous trading session at $113.6. About 283,699 shares traded. Alamo Group Inc. designs, manufactures, and sells agricultural equipment and infrastructure maintenance equipment for governmental and industrial use worldwide.

CVS Health Corporation (CVS) Stock Formed Double Bottom. What To Expect?

March 15, 2018

Horan Capital Management who had been investing in Cvs Health Corp for a number of months, seems to be bullish on the $68.02 billion market cap company. 88 funds opened positions while 466 raised stakes. The institutional investor held 126,350 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $3.06 million, down from 187,989 at the end of the previous reported quarter.

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