Economy / 1023

Tech body asks FCC to rethink plans

July 17, 2017

FCC Chairman Ajit Pai is pushing through a proposal that would repeal the legal framework for the rules, which prohibit internet service providers from blocking, slowing or giving preferential treatment to certain sites. Pai will face questions tomorrow on the issue at a US Senate hearing. That's because it's Net Neutrality Day of Action , a day of protest spurred by internet activists and some of the world's biggest websites against the FCC's plans to deregulate and fundamentally change ...

Bank of America Corporation

July 17, 2017

About 6,441 shares traded. Bank of America Corp (NYSE: BAC ) has risen 58.64% since July 17, 2016 and is uptrending. It has outperformed by 41.94% the S&P500. Marshall Wace Limited Liability Partnership owns 0.47% invested in AutoZone, Inc. The institutional investor owned 70,527 shares of the financial services provider's stock after selling 6,031 shares during the period.

2 killed, 9 hurt in cleaver attack at Chinese Walmart store

July 17, 2017

The motive was not immediately known. In the notice, the family claimed Jiang has a mental illness. Shenzhen police said that Jiang had answered questions with a clear mind and that they were investigating the crime as well as Jiang's mental state.

Barnsley complete signing of Chelsea forward Ike Ugbo

July 17, 2017

The Championship is the flawless league for him to improve his game and build up his physicality. Leeds United, Wolves and Bristol City were all interested in signing Ugbo with the latter already having great success in signing Chelsea youngsters in the past after bringing in Tammy Abraham last season.

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Rating Increased to Hold at BidaskClub

July 17, 2017

On November 18, 2016 the stock rating was set at "Neutral" in a report from Compass Point which is down from the previous "Neutral" rating. They now have a United States dollars 31 price target on the stock. Finally, State Street Corp increased its stake in Blue Hills Bancorp by 7.4% in the fourth quarter. (NYSE:BHLB) for 52,622 shares. Jacobs Levy Equity Management Incorporated holds 13,100 shares or 0% of its portfolio.

Valeant Pharmaceuticals Intl Inc (VRX) Price Target Raised to C$26.00

July 17, 2017

Some buy side analysts are also providing their Analysis on Valeant Pharmaceuticals International, Inc., where 2 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 13 said it's a HOLD, 5 reported it as Underperform and 0 analysts rated the stock as Sell.

American Express Company (NYSE:AXP) to Release Quarterly Earnings on Wednesday

July 17, 2017

Douglas E. Buckminster, Pres, Glb Consumer Svcs Grp disclosed the sale of 3,000 shares of ( AXP ). Moreover, Adirondack has 0.21% invested in American Express Company (NYSE:AXP) for 4,127 shares. American Express Company (NYSE:AXP) last issued its quarterly earnings data on Wednesday, April 19th. Therefore 71% are positive. Management effectiveness shows return on equity and return on assets for the trailing twelve months at 25.05% and 3.26% respectively.

Positive Press Coverage Likely to Impact Sears Holdings Corporation (SHLD) Share Price

July 17, 2017

Vetr raised shares of Sears Holdings Corporation from a "strong sell" rating to a "sell" rating and set a $7.05 price target on the stock in a research report on Thursday, May 18th. The business's revenue for the quarter was down 20.3% on a year-over-year basis. (Sears). It now has negative earnings. The Company's divisions are Kmart and Sears Domestic.

Shares in Hess Corporation (NYSE:HES) Acquired by BlueCrest Capital Management Ltd

July 17, 2017

As per Friday, May 5, the company rating was upgraded by Wells Fargo. (NYSE: HES ) rating on Tuesday, August 18. The firm has "Buy" rating given on Friday, July 31 by Deutsche Bank. Its quick ratio was 0.90 while current ratio was noted as 1.50 in the most recent quarter. It has a 24.79 P/E ratio. The oil and gas producer reported ($1.07) earnings per share for the quarter, topping analysts' consensus estimates of ($1.10) by $0.03.

Analysts Recommendations Energy Transfer Equity, LP (ETE)

July 17, 2017

Parkside Fin Bankshares Trust invested in 0.46% or 29,340 shares. For the next 5 years, Energy Transfer Equity, L.P.is expecting Growth of 18.32% per annum, whereas in the past 5 years the growth was 45.55% per annum. The stock witnessed 12.54% gains, -1.96% declines and -4.04% declines for the 1-month, 3-month and 6-month period, respectively. (NYSE ETE) traded up 0.17% during midday trading on Thursday, reaching $18.07.

"Micromax Launches Canvas 1 with 5" Display & Android Nougat for Rs. 6999

July 17, 2017

Starting today, this budget smartphone will be available offline through various retail stores across the nation. It is a 5-inch phone and has a 2.5D curved glass to support the 720x1080p resolution HD display. Connectivity features on the phone include 4G VoLTE, Wi-Fi, Bluetooth and OTG support. There is also a 3.5mm headphone jack on the top. The Canvas 1 features an 8-megapixel rear camera with F/2.2 aperture, 1.4um pixel size, Dual-tone flash, autofocus, supporting 1080p video ...

China property investment, sales ease in Q2 but remain resilient to curbs

July 17, 2017

Its forecast for China GDP growth this year is 6.5 percent, with upside risk due to strong growth and exports. Industrial output, which rose 7.6% from the same period past year, paced the GDP gains, while an 11% surge in retail sales underscored the strength of the domestic consumer economy.

Which Analysts Are Watching Spirit Realty Capital, Inc. (NYSE:SRC)?

July 17, 2017

SRC has been the subject of several recent research reports. It closed at $7.67 lastly. It has underperformed by 52.90% the S&P500. On average, equities analysts forecast that Spirit Realty Capital , Inc. Basso Cap L P invested in 10,843 shares. Stock has got OUTPERFORM rating from 0 analyst (s) whereas last month 1 analyst (s) have given outperform rating.

Liverpool lose? Arsenal's Virgil van Dijk bid lined up

July 17, 2017

However, The Sun claims Wenger is hopeful a new contract offer worth £275,000 per week will be enough to persuade Alexis Sanchez to stay at Arsenal . Liverpool's interest in him is nothing new, although given that they were forced to publicly apologise to Southampton after their approach for the Dutch global previously which resulted in the Saints lodging a formal complaint against them with the Premier League , it looked as though the pursuit was over.

Primark recalls men's flip flops over worries they could contain 'cancer chemical'

July 17, 2017

The discount fashion chain said it had come to its attention that the footwear "does not meet the Primark usual high standards for chemical compliance". Primark was unable to confirm the location of the factory in which the flip flops were made. The clothing giants recently recalled pairs of "novelty" cat leggings for children over fears they were unsafe.

Coast Guard rescues four ailing crew members from casino

July 17, 2017

Speaking to PTI, Deputy Inspector General of Indian Coast Guard Manoj Badkar said: "The vessel got stuck in the Aguada sandbar off the Miramar coast". The Congress has demanded a probe into how MV Lucky Seven was allowed to drift from the Mormugao Port Trust berth. All India Congress Committee Secretary Girish Chodankar told reporters on Sunday, "Nature stopped unholy designs of the Goa government to bring yet another casino into Goa ...

US Seeks $144Mln Forfeiture From Nigerian Oil Conspiracy - Justice Department

July 17, 2017

Former Minister of Petroleum, Diezani Alison-Madueke, has been caught in yet another corruption scandal and this time she reportedly said she is ready to spill the beans. The complaint revealed how the three individuals laundered millions of dollars on behalf of Mrs Alison-Madueke, which was used in buying property in the U.S.

Sally Beauty Holdings, Inc. (SBH) Shares Sold by KBC Group NV

July 17, 2017

Other large investors have also recently made changes to their positions in the company. Sally Beauty Holdings, Inc.is an worldwide specialty retailer and distributor of professional beauty supplies with activities primarily in North America, South America and Europe.

The General Dynamics Corporation (GD) Position Reduced by First Interstate Bank

July 17, 2017

More interesting news about Cumulus Media Inc (NASDAQ:CMLS) were released by: Seekingalpha.com and their article: "Cumulus Media extends debt exchange offer" published on January 11, 2017 as well as Bizjournals.com's news article titled: "Cumulus Media pays two top execs $586000 in one-time incentive awards" with publication date: December 21, 2016.

Twitter, Inc. (TWTR) Rating Reiterated by BMO Capital Markets

July 17, 2017

Given LinkedIn Corp's stronger consensus rating and higher possible upside, research analysts plainly believe LinkedIn Corp is more favorable than Twitter. Also, Director Evan Clark Williams sold 853,700 shares of the business's stock in a transaction dated Friday, July 14th. Following the sale, the director now owns 2,735,038 shares in the company, valued at approximately $52,676,831.88.

OppenheimerFunds Inc. Has $298.56 Million Position in Zimmer Biomet Holdings, Inc. (ZBH)

July 17, 2017

Several other hedge funds have also modified their holdings of the stock. During the same quarter in the previous year, the company posted $2.00 EPS. Sterne Agee CRT initiated the stock with "Buy" rating in Wednesday, November 4 report. This dividend represents a yield of $0.72. 02/01/2017 - Zimmer Biomet Holdings, Inc. had its " rating reiterated by analysts at Robert W. Baird. ILLEGAL ACTIVITY WARNING: "Zimmer Biomet Holdings, Inc".

The BidaskClub Upgrades McDermott International, Inc. (NYSE:MDR) to Buy

July 17, 2017

The stock has Return on Assets (ROA) of 1.8 percent. About shares traded. Cheniere Energy, Inc. (NYSE:GS) rose 1.32% to $230.40. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/07/16/analysts-set-mcdermott-international-inc-mdr-price-target-at-8-30-updated.html.

MARSHALL WACE ASIA Ltd Takes Position in Aspen Technology, Inc. (AZPN)

July 17, 2017

Ligand Pharmaceuticals Incorporated is a biopharmaceutical firm that focuses on developing and acquiring technologies that help pharmaceutical companies discover and develop medicines. The stock presently has a consensus rating of "Hold" and an average target price of $60.29. The firm has "Market Perform" rating by Avondale given on Tuesday, February 9.

Google wins battle over employee data

July 17, 2017

The OFCCP is performing an audit on Google, investigating allegations about "systemic compensation disparities", where female employees were disadvantaged. Berlin wrote in his decision that the OFCCP was unable to prove that claim: "Despite having several investigators interview more than 20 Google executives and managers over two days and having reviewed over a million compensation-related data points and many hundreds of thousands of documents, OFCCP offered nothing credible or reliable to ...

Man blames Tesla Autopilot feature for Minnesota crash

July 17, 2017

Tesla said it hasn't yet established whether the vehicle's Autopilot feature was engaged, but it has no reason to believe it worked other than as designed. Tesla has also implemented an automatic "off" feature for autopilot. Tesla is very careful about its Autopilot feature warning drivers against misuse and use of the system.

FY2017 EPS Estimates for Ocular Therapeutix, Inc. Lifted by Cantor Fitzgerald (OCUL)

July 17, 2017

Other large investors have also added to or reduced their stakes in the company. Columbus Circle Investors raised its stake in shares of Ocular Therapeutix by 131.4% in the first quarter. The business had revenue of $0.48 million for the quarter, compared to the consensus estimate of $0.51 million. For a total return analysis, there is the -64.10% return on equity and the -80.20% return on assets to consider.

HighTower Advisors LLC Takes Position in Ascena Retail Group, Inc. (ASNA)

July 17, 2017

After this purchase, 16,678 common shares of ASNA are directly owned by the insider, with total stake valued at $36,858. Capstone Investment Advisors LLC purchased a new stake in shares of Ascena Retail Group during the fourth quarter worth approximately $114,000.

Netflix, Inc. (NASDAQ:NFLX) Touching Most Active List

July 17, 2017

It has outperformed by 58.64% the S&P500. Also, Director Richard N. Barton sold 1,000 shares of the business's stock in a transaction on Tuesday, June 27th. The stock of Merck & Co., Inc. Cowen & Co has "Outperform" rating and $24 target. Vanguard Group Inc. now owns 27,161,082 shares of the Internet television network's stock valued at $4,014,680,000 after buying an additional 921,283 shares during the last quarter.

An Adorable Floating Robot Is Helping Astronauts on the ISS

July 17, 2017

The unit was delivered to the ISS aboard a SpaceX Dragon spacecraft on June 4th, and it's now going through initial testing. The drone can be controlled from Earth by the JAXA Tsukuba Space Center. In the future, says JAXA, the Int-Ball will be able to check supplies and even help with onboard problems - though the details of how that will be accomplished by a limbless orb of cuteness are not yet known.

Comp En De Mn Cemig ADS (CIG) Receives News Sentiment Rating of

July 17, 2017

Bank of New York Mellon Corp bought a new stake in shares of Comp En De Mn Cemig ADS during the first quarter valued at approximately $121,000. The Average Volume for 10 days is 3.91 Million for Comp En De Mn Cemig Ads (NYSE: CIG ). If you are viewing this news story on another website, it was copied illegally and republished in violation of USA & global trademark and copyright laws.

Trump calls for 700 miles to 900 miles of border wall

July 17, 2017

You have some rivers that are violent and vicious", he said. It was unclear from Trump's remarks whether the figure he cited referred to new border protections or included those already in existence, but he appeared to suggest that fixing current border fences would count against the total he had in mind.

What Do Analysts Suggest For JPMorgan Chase & Co. (JPM)

July 17, 2017

FMR LLC increased its position in shares of J P Morgan Chase & Co by 19.4% in the fourth quarter. Blume Capital Management Inc, which manages about $302.15 million and $166.40M US Long portfolio, decreased its stake in Qualcomm Inc (NASDAQ:QCOM) by 23,133 shares to 107,802 shares, valued at $7.03 million in 2016Q4, according to the filing.

The CyberArk Software Ltd. (CYBR) Rating Reiterated by Cowen and Company

July 17, 2017

Needham & Company LLC initiated coverage on shares of CyberArk Software in a report on Tuesday, March 28th. Vetr upgraded the shares of CYBR in report on Wednesday, August 12 to "Buy" rating. The company has a market cap of $1.26 billion, a PE ratio of 49.06 and a beta of 2.66. The Company's software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks.

SuperValu Inc. (SVU) Receives Consensus Recommendation of "Hold" from Brokerages

July 17, 2017

About shares traded. Time Warner Inc (NYSE:TWX) has risen 36.37% since July 17, 2016 and is uptrending. The company has a market cap of $878.43 million, a P/E ratio of 1.34 and a beta of 2.02. Chase Inv Counsel stated it has 0.39% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ). Supervalu Inc (NYSE:SVU) institutional sentiment increased to 1.21 in Q4 2016.

The Procter & Gamble Company (The) Plans Quarterly Dividend of $0.69 (NYSE:PG)

July 17, 2017

The stock traded at a volume of 23.41 million shares. Ar Asset Mgmt holds 2.71% of its portfolio in Procter & Gamble Co (NYSE:PG) for 75,464 shares. The stock increased 1.03% or $0.45 on July 14, reaching $44.22. PG has been the subject of a number of analyst reports. The firm has "Equal-Weight" rating given on Monday, March 21 by Barclays Capital. Sterne Agee CRT initiated the stock with "Buy" rating in Friday, May 20 report.

Aircraft tyre burst closes Gatwick Airport runway

July 17, 2017

Flights were halted for an hour while inspections were carried out on the runway. Flights to and from Gatwick Airport are now being forced to use the backup runway after a plane's tyre burst during take-off. "We apologise as flights for the rest of the day will experience delay and there will be some cancellations", the statement said. There were delays to almost all arrivals as planes were held in the sky until the flight could return to the ground.

Lockheed Martin Corporation (LMT) Analysts See $3.10 EPS

July 17, 2017

Almost 0.22 million shares were traded by the close, higher than its average daily volume of 0.3 million shares. Lockheed Martin Corporation is a security and aerospace company. Psagot Invest House Ltd has invested 0% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Hillsdale Mngmt has 10 shares. Welch & Forbes Ltd Llc holds 0.04% in Lockheed Martin Corporation (NYSE:LMT) or 4,748 shares.

The DryShips (NASDAQ:DRYS) Receives Media Sentiment Rating of 0.04

July 17, 2017

Yet another important factor while evaluating a good buy/sell decision for DryShips , Inc. The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -99.97% and has no so good Year to Date (YTD) Performance of -99.98% which means the stock is constantly adding to its value from previous fiscal year end price.

The BTIG Research Begins Coverage on Eiger BioPharmaceuticals, Inc. (NASDAQ:EIGR)

July 17, 2017

Goldman Sachs Group Inc. owned 1.33% of Alder BioPharmaceuticals worth $13,917,000 as of its most recent filing with the SEC. Hikari Power Ltd bought a new stake in Eiger BioPharmaceuticals during the first quarter worth about $118,000. For the Current Quarter, the growth estimate for Alder Biopharmaceuticals Inc.is -103.8%, while for the Next Quarter the stock growth estimate is -98.6%.

Noteworthy Movers: International Business Machines (NYSE:IBM)

July 17, 2017

It has outperformed by 122.64% the S&P500. (NYSE: IBM ) has risen 4.86% since July 17, 2016 and is uptrending. IBM's profit will be $2.57B for 14.12 P/E if the $2.73 EPS becomes a reality. Buckingham Cap Mgmt has 46,023 shares for 0.9% of their portfolio. Schroder Inv Management Gru Incorporated holds 2.52 million shares. Morgan Stanley holds 0.1% or 1.97M shares in its portfolio.

WINTON GROUP Ltd Purchases New Position in BlackRock, Inc. (NYSE:BLK)

July 17, 2017

The fund owned 31,322 shares of the asset manager's stock after selling 1,021 shares during the period. Papp L Roy & Associates' holdings in BlackRock were worth $19,363,000 at the end of the most recent reporting period. (NYSE: BLK ) has "Buy" rating given on Thursday, June 16 by Deutsche Bank. This represents a $10.00 dividend on an annualized basis and a yield of 2.28%.

Video shows dog rescuing baby deer floating in waters off Long Island

July 17, 2017

Owner Mark Freeley said he had been walking Storm along the sand at PJ Harbor after 8 a.m. Sunday when the dog jumped into the water and started swimming after something. Floridia said it took about eight minutes and a rope to get a hold of her. He credited the hard part to his partner Eric Kutzing. Floridia said his partner, Erica Kutzing, ran about a mile on the beach to help with the rescue.

Trian launches public fight to add Peltz to P&G's board

July 17, 2017

The filing sets up a proxy fight in which shareholders will be asked to decide whether to add Peltz as a 12 board member, representing Trian Partners, a NY fund that owns more than $3 billion in P&G shares. P&G's filing also noted that last week during a meeting between members of the board at P&G and Trian, that Trian said it would move forward with the campaign to have Peltz elected to the board because the company had not be moving quickly enough to improve overall performance.

Poundland in legal battle over Toblerone copy

July 17, 2017

The discount chain announced plans last month to begin selling the new chocolate bar, with two humps rather than the distinctive single peak chunks of the Toblerone bar, one of the retailer's biggest sellers. In the run up to Christmas past year, chocolate-lovers were horrified to find that the bars had wider spaces between their chunks, and that the weight of the bars had fallen.

Vulcan Materials Co (NYSE:VMC) Sentiment Report

July 17, 2017

Moreover, Sumitomo Life Co has 0.19% invested in Vulcan Materials Company (NYSE: VMC ). Shares last traded at $125.92 which is marginally under the 50 day moving average which is $128.18 and which is just over the 200 day moving average of $124.08.

Forte Capital LLC ADV Maintains Stake in Pinnacle Foods, Inc. (PF)

July 17, 2017

The firm is scheduled to issue its next quarterly earnings results on Thursday, July 27th. On average, equities research analysts predict that Pinnacle Foods will post $2.59 EPS for the current fiscal year. The lowest 12-month price target for the shares is $53.00, which would be decrease of about -8% of its current value. Since January 1, 0001, it had 9 insider buys, and 0 insider sales for $253,247 activity.

NXP Semiconductors NV (NASDAQ:NXPI) Position Cut by Capital One National Association

July 17, 2017

The stock rose 0.21% or $0.23 reaching $109.44. Analysts await NXP Semiconductors NV (NASDAQ:NXPI) to report earnings on August, 2 after the close. It has outperformed by 7.97% the S&P500. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock.

Majority reject Maduro's plan to amend Venezuelan constitution

July 17, 2017

The opposition's electoral event asked Venezuelans three "Yes" or "No" questions: Do you reject reject Maduro's Constituent Assembly, a process seeking to establish a new Constitution scheduled to be held July 30; do you demand Venezuela's security forces support the opposition-controlled National Assembly legislature and the country's 1999 Constitution; and do you support that Venezuela's public institutions should be restored in accordance with the Constitution and whether the South American ...

Ipg Photonics Corp (NASDAQ:IPGP) Institutional Investor Sentiment Trend

July 17, 2017

Shares of IPG Photonics Co. About 21,321 shares traded. IPG Photonics Corporation (NASDAQ:IPGP) last announced its quarterly earnings results on Tuesday, May 2nd. Therefore 67% are positive. ILLEGAL ACTIVITY WARNING: " IPG Photonics Corporation (IPGP) Earns Buy Rating from Canaccord Genuity" was originally reported by Stock Observer and is the sole property of of Stock Observer.

Vanguard Group Inc. Boosts Stake in IDEXX Laboratories, Inc. (IDXX)

July 17, 2017

It has outperformed by 0.29% the S&P500. Bridgecreek Investment Management Llc increased Ulta Salon Cosmetics & Fragran (NASDAQ:ULTA) stake by 3,555 shares to 17,090 valued at $4.36 million in 2016Q4. London Of Virginia holds 10.11 million shares. 30,500 shares were sold by Solotar Joan, worth $1.02M on Monday, June 5. IDEXX Laboratories's quarterly revenue was up 10.7% compared to the same quarter previous year.

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