Economy / 1011

Strong demand in Europe lifts Vodafone revenue above forecast

July 21, 2017

The merger is expected to be completed in 2018 and Vodafone will own 45.1% of the combined group while Aditya Birla Group, Idea's parent company, will own 26%. Vodafone enjoyed first-quarter growth in all of its markets except the United Kingdom and India as service revenues rose 2.2pc on an underlying level in the three months to the end of June.

Paysafe lands all-cash offer from Blackstone, CVC

July 21, 2017

Two private equity companies have launched a multi-billion pound bid for the UK's Paysafe Group , underscoring just how fierce the demand from investors, banks and credit card companies is to capitalise on the burgeoning industry for financial technology.

Siemens halts deliveries to Russian firms over Crimea case

July 21, 2017

And it will terminate a licensing agreement for power generation equipment that it had signed with Russian firms. "Siemens is implementing an additional controls regime that is exceeding legal requirements by far", it said. It has also initiated the termination process of a license agreement with Russian companies in the area of equipment supply for combined-cycle power stations.

(NYSE:TDC) Downgraded to Hold at BidaskClub

July 21, 2017

It has underperformed by 6.22% the S&P500. Mount Lucas Management Lp, a Pennsylvania-based fund reported 30,000 shares. Alambic Investment Management L.P. 02/05/2016 - Teradata Corporation had its "underweight" rating reiterated by analysts at Barclays. Since February 16, 2017, it had 0 buys, and 2 selling transactions for $767,820 activity.

Duke Realty Corporation (NYSE:DRE) Receives $29.09 Average Price Target from Analysts

July 21, 2017

Several hedge funds have recently added to or reduced their stakes in the company. The value of the company's investment in Duke Realty Corporation went from $3,796,000 to $4,097,000 a change of 7.9% quarter to quarter. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/07/21/duke-realty-corporation-dre-receives-media-impact-rating-of-0-56-updated-updated.html.

Diamondback Energy (NASDAQ:FANG) Earning Somewhat Favorable Media Coverage, Report Shows

July 21, 2017

Ten analysts have provided estimates for Diamondback Energy's earnings, with the lowest EPS estimate coming in at $0.60 and the highest estimate coming in at $1.31. The stock of Diamondback Energy Inc (NASDAQ:FANG) has "Outperform" rating given on Thursday, November 5 by Northland Capital. 86 funds opened positions while 128 raised stakes.

Pier 1 Imports Inc

July 21, 2017

The correct version of this news story can be accessed at https://www.baseball-news-blog.com/2017/07/20/state-board-of-administration-of-florida-retirement-system-raises-stake-in-pier-1-imports-inc-pir-updated-updated.html. The firm has "Hold" rating by Zacks given on Thursday, September 3. The firm has "Outperform" rating by Wedbush given on Friday, July 8. (NYSE PIR) opened at 4.71 on Wednesday.

The American Electric Power Company, Inc. (AEP) Downgraded by BidaskClub

July 21, 2017

Colonial Trust Advisors' holdings in American Electric Power were worth $436,000 as of its most recent SEC filing. Sowell Financial Services LLC acquired a new stake in shares of American Electric Power during the fourth quarter valued at $113,000.

KBC Group NV Decreases Stake in SunPower Corporation (NASDAQ:SPWR)

July 21, 2017

SPWR has been the subject of a number of research analyst reports. BlueCrest Capital Management Ltd raised its stake in SunPower Corporation by 3.6% in the first quarter. Analysts forecast that SunPower Corporation will post ($1.08) EPS for the current fiscal year. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and global trademark and copyright laws.

Vanguard Group Inc. Buys 124962 Shares of Dril-Quip, Inc. (DRQ)

July 21, 2017

NY now owns 35,235 shares of the oil and gas company's stock valued at $1,922,000 after buying an additional 114 shares during the period. Signalpoint Asset Management Llc who had been investing in At&T Inc. (NYSE:T) for 803,000 shares. Fisher Asset Management LLC owned 0.99% of Dril-Quip worth $18,186,000 as of its most recent SEC filing. (NYSE:DRQ) news were published by: Seekingalpha.com which released: "Dril-Quip -7% following Q4 results, gloomy 2017 commentary" on February 28, 2017, also ...

Houghton Mifflin Harcourt Company (HMHC) Stock Rating Reaffirmed by Stifel Nicolaus

July 21, 2017

It has outperformed by 10.25% the S&P500. After $-0.96 actual earnings per share reported by Houghton Mifflin Harcourt Co for the previous quarter, Wall Street now forecasts -76.04% EPS growth. Plante Moran Fincl Advsrs reported 0.01% stake. Benjamin F Edwards And accumulated 0.02% or 4,049 shares. Atlantic Lc accumulated 10,980 shares. Anchorage Capital Group L.L.C.

Miller Herman Inc (NASDAQ:MLHR) Quarterly Sentiment Report

July 21, 2017

Vanguard Group Inc. increased its stake in Herman Miller by 1.4% in the first quarter. First Bank & Trust now owns 3,841 shares of the business services provider's stock worth $121,000 after buying an additional 448 shares in the last quarter.

The Renaissance Technologies LLC Boosts Position in AptarGroup, Inc. (NYSE:ATR)

July 21, 2017

AptarGroup (NYSE:ATR) pays an annual dividend of Community Ranking: with a yield of 1.43% and an average dividend growth of 6.90% based on a 3 Year Average. Broderick Brian C holds 96,920 shares or 3.08% of its portfolio. Energen Corp (NYSE:EGN) was raised too. The Firm operates through three divisions: Beauty + Home, Pharma and Food + Beverage.

Cwm LLC Has $123000 Position in PPG Industries, Inc. (PPG)

July 21, 2017

Cwm LLC's holdings in PPG Industries were worth $123,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. The dividend payment was $0.400 per share for the quarter which is $1.60 annualized. This is a positive change from PPG Industries's previous quarterly dividend of $0.40.

IMF Executive Board decides on $1.8 billion conditional loan for Greece

July 21, 2017

In Frankfurt, Germany, European Central Bank President Mario Draghi , said Greece had made "serious progress" with cost-cutting reforms in recent months, but said the timing of a market return was a national decision. Like Greece , IMF has similarly saved nations such as Argentina, Brazil in 1980s. In June, Euro Group approved the disbursement of 8.5 billion euros (9.9 billion dollars) to Greece , completing the second assessment of Greece's third bailout program review with the ...

Average US mortgage rates fall; 30-year at 3.96 percent

July 21, 2017

Mortgage rates are closely related to yields on long-term government bonds. The 10 year ARM interest rates have been listed at 3.790% now with a starting April of 3.971%. Mortgage buyer Freddie Mac said that the rate on 30-year, fixed-rate mortgages fell to an average 3.96 percent from 4.03 percent last week. The 5/1 ARMS at TD have been quoted at 3.000% yielding an April of 3.968% to start.

Stifel Nicolaus Reaffirms "Buy" Rating for Golar LNG Limited (NASDAQ:GLNG)

July 21, 2017

A number of other institutional investors have also bought and sold shares of the stock. FMR LLC raised its position in Golar LNG Partners by 1.5% in the fourth quarter. August 31 investment analysts at RBC Capital held the stock rating at "Sector Perform" and lowered the price expectation to $23.00 from $30.00. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & worldwide copyright and trademark law.

Singapore's Keppel reports 21 pct drop in Q2 profit

July 21, 2017

The cost-cutting effort, together with contributions from associate companies, led the offshore and marine segment to book S$1 million in net profit after bleeding for two quarters in a row. Loh Chin Hua, Keppel Corporation chief executive officer, noted that recurring income contributed S$150 million or 36 per cent of the group's net profit for the first six months of 2017.

Fan and media frenzy as Cristiano Ronaldo visits Singapore tycoon Peter Lim

July 21, 2017

A weary-looking Ronaldo arrived in a white van at around 10am, jostling his way past fans and bodyguards before making a beeline for the lift heading up to the wards. The Secondary 4 student was also holding a black marker and two Ronaldo trading cards. She said, "Last night I got the news that he's coming and my sons wanted to go to the airport that he's coming but we didn't know when".

Thor Industries, Inc. (THO) Stock Rating Lowered by BMO Capital Markets

July 21, 2017

The firm has a market capitalization of $5.47 billion, a price-to-earnings ratio of 16.23 and a beta of 1.40. The stock rose 0.82% or $0.86 reaching $105.65. 93 were reported by Wealthtrust. Moreover, Eagle Global Advisors Limited has 0.02% invested in AV Homes Inc (NASDAQ:AVHI). (NYSE:THO) for 6,300 shares.

Cornerstone Ondemand Inc's (NASDAQ:CSOD) Sentiment is 0.9

July 21, 2017

The company is up from yesterday's close of $37.95. Cornerstone OnDemand, Inc. The stock has a 50 day moving average of $36.80 and a 200 day moving average of $39.05. On Monday, May 22 the insider Baker R C Mark sold $36,910. On Wednesday, May 3 the insider Swartz Brian L sold $618,586. 50,000 shares were sold by Belliveau Vincent, worth $2.12M on Thursday, February 16.

Expeditors International of Was (EXPD) Trades at 52-Week High

July 21, 2017

Expeditors International of Washington , Inc.is a logistics company. (EXPD) traded down 0.08% during trading on Thursday, hitting $59.05. American Renal Associates Holdings, Inc. State Of Alaska Department Of Revenue invested in 0.46% or 94,210 shares. Finally, Eqis Capital Management Inc. raised its position in shares of Expeditors International of Washington by 7.6% in the second quarter.

Featured Stock: Chesapeake Energy Corporation (CHK)

July 21, 2017

Honeywell Intl Inc now has $103.74 billion valuation. Wunderlich reiterated a "buy" rating and set a $10.00 target price on shares of Chesapeake Energy Corporation in a research note on Wednesday, March 29th. Chesapeake Energy Corporation (NYSE: CHK ) was the recipient of unusually large options trading activity on Tuesday. Icon Advisers reported 1.30M shares or 0.62% of all its holdings.

Des Moines Attorney Helps Student Loans Get Wiped Away

July 21, 2017

Investors bought the student loan debts and now they're trying to collect, but Thompson says the problem is they don't have the paperwork to back it up. But in several states , judges have tossed out those lawsuits because National Collegiate could not prove it owned the debt it was asking for.

Matthew J. Wallach Sells 24000 Shares of Veeva Systems Inc

July 21, 2017

Dorsal Capital Management Llc owns 1.13 million shares or 2.87% of their USA portfolio. About 402 shares traded. It has outperformed by 98.23% the S&P500. Ironwood Fincl Lc owns 100 shares or 0% of their USA portfolio. Dekabank Deutsche Girozentrale invested in 4,574 shares. And it remains to be seen which target price VEEV can achieve without sacrificing much as the company is holding a 76.42% gain for the past twelve months.

The Allscripts Healthcare Solutions, Inc

July 21, 2017

A number of large investors have recently added to or reduced their stakes in MDRX. In terms of Allscripts Healthcare Solutions, Inc. The firm owned 43,037 shares of the software maker's stock after buying an additional 40,440 shares during the period.

No. 1 pick Jamal Adams finalizes deal with Jets

July 21, 2017

Adams was taken with the sixth overall pick in the draft, a turn of events that many considered a stroke of luck for NY. San Francisco's Solomon Thomas , Cleveland's Jabrill Peppers , Tennessee's Corey Davis and Oakland's Gareon Conley remain unsigned.

The VALE SA (VALE) Stock Rating Reaffirmed by Jefferies Group LLC

July 21, 2017

Vale S.A. (NYSE:VALE)'s revenue estimates for the current quarter are $7.29 Billion according to 6 number of analysts, for the current quarter the company has high revenue estimates of $8.27 Billion in contradiction of low revenue estimates of $6.87 Billion.

KLA-Tencor Corporation (NASDAQ:KLAC) SVP Sells 314 Shares of Stock

July 21, 2017

TIAA CREF Investment Management LLC raised its position in KLA-Tencor Corporation by 34.1% in the first quarter. The business is expected to announce its next quarterly earnings report on Thursday, July 27th. Now it is offering a dividend yield of 2.16% and a 5 year dividend growth rate of 15.77%. The ex-dividend date was Thursday, May 11th. KLAC's current price-earnings ratio amounts to 16.66 times earnings, below the average P/E ratio of 23.69 times earnings.

Mobile beats Wall Street views as it gains new customers

July 21, 2017

The figure topped at least one Wall Street firm's expectations. With a saturated consumer market, focusing on business customers will let T-Mobile continue its subscriber growth pattern, said Rob Chamberlin, co-founder and chief revenue officer of DataXoom, a Walnut Creek, Calif.

The MAG Silver Corp (NYSE:MAG) Short Interest Update

July 21, 2017

A number of other institutional investors also recently modified their holdings of the stock. FMR LLC raised its stake in shares of Pan American Silver Corp.by 0.3% in the fourth quarter. Minco Silver Corp (MSV.TO) presently has a 14-day Commodity Channel Index (CCI) of 62.90. "(NASDAQ:PAAS)" was first posted by Chaffey Breeze and is the property of of Chaffey Breeze.

Lupita Nyong'o and RuPaul featured on all-black 2018 Pirelli calendar

July 21, 2017

The cast also features the Oscar-winning actress Lupita Nyong'o , cultural mogul Sean "Diddy" Combs , and repeat Pirelli face Naomi Campbell . The cast boasts an eclectic cacophony of talents, ages and nationalities - including Whoopi Goldberg , Ru Paul and model-turned-feminist-activist Adwoa Aboah .

Driehaus Capital Management LLC Purchases Shares of 17358 Sanchez Energy Corporation (SN)

July 21, 2017

Russell Investments Group Ltd. owned approximately 0.22% of Sanchez Energy Corporation worth $1,265,000 at the end of the most recent reporting period. If you are viewing this article on another domain, it was stolen and republished in violation of USA and worldwide trademark & copyright law. The original version of this article can be viewed at https://www.chaffeybreeze.com/2017/07/19/sanchez-energy-corporation-sn-bond-prices-fall-3-4-updated.html.

Labour pledges to scrap 'so-called' voluntary school donations for NZ parents

July 21, 2017

The policy announcement made this morning by Andrew Little alleged a 50 per cent jump in school donations under the National Government, compounded by their freeze on operational funding previous year. The costing of $70m was based on 450,000 students. It has also promised to pay for early childhood education centres to have fully qualified teachers, which it forecast would cost $86 million a year by 2020/21.

EP Energy Corporation (NYSE:EPE) Rating Increased to Sell at ValuEngine

July 21, 2017

The company has a market cap of $59.04 billion, a price-to-earnings ratio of 26.90 and a beta of 0.24. During last 5 trades the stock sticks nearly 0.44%. The Pennsylvania-based Veritable Lp has invested 0.05% in Duke Energy Corp (NYSE:DUK). Barbara Oil owns 5,000 shares or 0.64% of their United States portfolio.

National CineMedia, Inc. (NCMI) Stake Increased by North Star Investment Management Corp

July 21, 2017

Investors sentiment increased to 1.43 in Q4 2016. Its up 0.18, from 1.34 in 2016Q3. North Star Investment Management Corp. owned 0.64% of National CineMedia worth $2,864,000 at the end of the most recent reporting period. The firm earned "Buy" rating on Tuesday, November 10 by Benchmark. Credit Suisse upgraded it to "Neutral" rating and $12 target in Wednesday, March 15 report.

Swiss National Bank Has $1336000 Stake in United Financial Bancorp, Inc. (UBNK)

July 21, 2017

Following U.S. election volatility some analysts have updated their recommended target prices on shares of United Financial Bancorp, Inc . Blackrock Grp has invested 0% in United Financial Bancorp Inc (NASDAQ: UBNK ). ValuEngine raised United Financial Bancorp from a "hold" rating to a "buy" rating in a research report on Wednesday, May 31st. United Financial Bancorp had a return on equity of 7.85% and a net margin of 20.97%.

Not so Moneysupermarket now: Shares plunge as energy bargains dry up

July 21, 2017

However, the company said there was slower growth in home services, which was "significantly impacted by reduced energy collective switch activity". The board also increased the interim dividend by 3% to 2.84p per ordinary share. The sector as a whole needs to keep existing customers switching, and tempt newbies to seek cheaper household services The consumer squeeze should give them added incentive, alongside double-digit price hikes in motor insurance, and utility bill concerns.

New Democratic Slogan Is Reminiscent Of Papa John's Pizza

July 21, 2017

That's a big deal, since a slogan can be massively important-remember that whole thing about Making America Great Again? Members of Congress often release slogans that fail to catch fire among voters. If you're suddenly hankering for a slice of greasy, cheesy pizza with sauce that-hot take alert-is reminiscent of ketchup, it's hard to blame you. "Better Pizza.

TriState Capital Holdings (TSC) Earns Coverage Optimism Rating of 0.23

July 21, 2017

The stock of Party City Holdco Inc (NYSE:PRTY) has "Outperform" rating given on Friday, November 13 by Credit Suisse. Since February 22, 2017, it had 2 insider buys, and 2 selling transactions for $283,079 activity. Janney Montgomery Scott LLC acquired a new stake in TriState Capital Holdings during the first quarter valued at $234,000. TriState Capital Holdings does not pay a dividend.

American Axle & Manufacturing Holdings Inc's (NYSE:AXL) Sentiment is 0.93

July 21, 2017

The Barrow Hanley Mewhinney & Strauss Llc holds 4.36M shares with $84.21M value, down from 4.49 million last quarter. The stock is above its 52-week low with 31.96% and is in the wake of its 52-week high with -21.69%. Invictus RG now owns 12,343 shares of the auto parts company's stock worth $232,000 after buying an additional 2,246 shares in the last quarter. Therefore 50% are positive.

Earnings at the Forefront For E*TRADE Financial Corporation

July 21, 2017

Cibc Markets Inc has invested 0% in E*TRADE Financial Corp (NASDAQ: ETFC ). The stock of E*TRADE Financial Corp (NASDAQ:ETFC) earned "Buy" rating by Deutsche Bank on Friday, January 8. E*Trade Financial Corporation is a financial services company. This repurchase authorization authorizes the bank to buy up to 8.7% of its stock through open market purchases.

The Homrich & Berg Has $301000 Position in PPL Corporation (NYSE:PPL)

July 21, 2017

About 157,017 shares traded. EPAM Systems Inc (NYSE:EPAM) has risen 15.98% since July 20, 2016 and is uptrending. Sowell Financial Services LLC's holdings in PPL Corporation were worth $404,000 as of its most recent SEC filing. "1 Analyst Thinks So" on July 19, 2017. Several other research firms have also recently commented on PPL . BidaskClub cut shares of PPL Corporation from a "buy" rating to a "hold" rating in a research note on Wednesday, June 14th.

The Jones Lang LaSalle's (JLL) "Buy" Rating Reiterated at Barclays PLC

July 21, 2017

The Citadel Advisors Llc holds 122,160 shares with $12.34 million value, up from 10,900 last quarter. Evercore Wealth Mgmt Lc has invested 0% in Jones Lang LaSalle Inc (NYSE:JLL). Fort Washington Inv Advsr Oh accumulated 492,123 shares. Focusing in on the past five trading days, shares have changed 1.37%. According to data from First Call, Orbital ATK, Inc.

Optus coughs up AU$1 billion for regional coverage

July 21, 2017

Primarily, the upgrade will help complete the more than 1,800 sites being bumped up from 3G to 4G technology, as well as adding additional peak 4G capacity to over 200 sites. The funding will see 500 new mobile sites built across regional and remote locations, 114 of which fall under the government's mobile blackspots program.

Express Scripts Holding Company (ESRX) Stake Held by Peoples Financial Services CORP

July 21, 2017

Macquarie Group Ltd. increased its stake in Express Scripts Holding by 4.6% in the fourth quarter. The stock decreased 0.11% or $0.07 during the last trading session, reaching $62.65. Express Scripts Holding (NASDAQ:ESRX) last released its earnings results on Monday, April 24th. The legal version of this news story can be read at https://sportsperspectives.com/2017/07/19/stifel-financial-corp-has-48-38-million-position-in-express-scripts-holding-company-nasdaqesrx-updated.html.

Pattern Energy Group Inc

July 21, 2017

Carlyle Group L.P. holds 13.6% of its portfolio in Pattern Energy Group Inc for 16.96 million shares. Eventide Asset Management LLC now owns 890,000 shares of the utilities provider's stock worth $17,916,000 after buying an additional 9,000 shares during the last quarter.

Draghi Urges Patience And Persistence On Inflation

July 21, 2017

They have already been given a taste of that with Draghi's speech in Portugal last month, in which he highlighted a "strengthening and broadening recovery" in the eurozone and said reflationary forces could allow "adjusting the parameters" of stimulus.

Polaris Recalling Thousands of ATVs Due to Fire, Fuel Leaks

July 21, 2017

Authorities in the US say the USA -built ATVs can develop a fuel leak that can see fuel get into the headlight pod and this poses a fire hazard. No injuries were reported. The ATVs were sold in several colors. The second recall involves 2017 Polaris RZR 570 and RZR-S 570 ROVs sold from December through June for about $8,500.

United Rentals, Inc. (NYSE:URI) Upgraded to "Buy" at BidaskClub

July 21, 2017

They set a hold rating and a $125.00 target price on the stock. Piper Jaffray Companies reissued an "overweight" rating and issued a $144.00 price objective (down previously from $156.00) on shares of United Rentals in a research report on Saturday, April 22nd.

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