Business


Jaitley says Chidambaram 'doesn't understand objective of demonetisation' Jaitley says Chidambaram 'doesn't understand objective of demonetisation'
- August 30, 2017

Union Finance Minister Arun Jaitley on Wednesday made desperate attempts to defend Prime Minister Narendra Modi, who's facing considerable embarrassment after it emerged that the 99% demonetised money in circulation was back with the RBI . (more...)
Were Analysts Bullish Simon Property Group Inc (NYSE:SPG) This Week?
- August 30, 2017

During the latest trading session Simon Property Group, Inc. (NYSE: SPG ) shares were down -0.37% to reach $156.25. 20 analysts on average are expecting Simon Property Group Inc.to report earnings of $2.87 per share for the current quarter. (more...)
Analyst Opinion Summary: Emerson Electric Co. (EMR), Devon Energy Corporation (DVN)
- August 30, 2017

Devon Energy Corporation's RSI is 40.86. It has underperformed by 3.46% the S&P500. Perkins Investment Management Llc increased Access National Corp (ANCX) stake by 518.03% reported in 2016Q4 SEC filing. Devon Energy Corporation (NYSE:DVN) last issued its earnings results on Tuesday, August 1st. Suntrust Banks Inc reported 26,803 shares or 0% of all its holdings. (more...)
Oil dips as USA floods cause large-scale refinery shutdowns
- August 30, 2017

In other energy futures, heating oil was up 1.3% at $1.68 per gallon while natural gas was down 0.8% at $2.96 per 1 million British thermal unit. Brent for October settlement, which expires Thursday, slid 47 cents to $51.53 on the London-based ICE Futures Europe exchange. (more...)
Critical Comparison: Realty Income Corporation (O) vs. SL Green Realty Corp. (SLG)
- August 30, 2017

The stock increased 0.17% or $0.05 on August 25, reaching $29.38. About shares traded. Duke Realty Corp (NYSE:DRE) has risen 24.81% since August 29, 2016 and is uptrending. Amgen Inc (NASDAQ:AMGN) was reduced too. Investors sentiment increased to 1.32 in 2016 Q4. Shareholders of record on Friday, September 1st will be paid a dividend of $0.2115 per share. (more...)
Traders Secrets on Cleveland-Cliffs Inc. (CLF), Spirit Realty Capital, Inc. (SRC)
- August 30, 2017

V3 Capital Management Lp increased Spirit Rlty Cap Inc New (SRC) stake by 73.45% reported in 2016Q4 SEC filing. The business is scheduled to report its next quarterly earnings report on Wednesday, November 1st. EPS enables the earnings of a company to easily be compared to their competitors. The disclosure for this purchase can be found here. Janney Montgomery Scott LLC acquired a new position in shares of Spirit Realty Capital during the first quarter worth $109,000. (more...)
Analog Devices, Inc. (NASDAQ:ADI) To Report Earnings
- August 30, 2017

Analog Devices's payout ratio is 67.92%. The intraday range of the stock remained between $79.20 and $79.71. About 679,248 shares traded. It has outperformed by 29.15% the S&P500. Supernus Pharmaceuticals Inc (NASDAQ:SUPN) was reduced too. Therefore 58% are positive. Analog Devices had 86 analyst reports since July 22, 2015 according to SRatingsIntel. (more...)
Woman Wanted For Throwing Cup Of Urine On Bus Driver Woman Wanted For Throwing Cup Of Urine On Bus Driver
- August 30, 2017

When the bus arrived at the stop for Minnesota Avenue and Benning Road in Northeast D.C., police say Brown reached around the driver's plastic shield and dumped the liquid. students have been riding for free (2015) assaults on bus drivers have actually decreased 14 percent. "A disgusting act like the one on Saturday cannot only endanger the operator, but also endanger everyone on that bus", the union's statement said. (more...)
Uber officially announces Dara Khosrowshahi as its new CEO Uber officially announces Dara Khosrowshahi as its new CEO
- August 30, 2017

It's official. The former CEO of Expedia has begun his job as the new Uber CEO, and he knows it's not an easy job. "Casting a vote for the next chief executive of Uber was a big moment for me and I couldn't be happier to pass the torch to such an inspiring leader". (more...)
Fire Emblem Warriors Special Edition, Release Date Revealed Fire Emblem Warriors Special Edition, Release Date Revealed
- August 30, 2017

Seeing Xander and Ryoma from Fire Emblem Fates work together is rather peculiar, but it's exactly what you'll see in today's Fire Emblem Warriors gameplay trailer. Interestingly enough there won't be a special edition for the 3DS version of the game. Each piece of Art has its own dedicated button on the Joy-Con. (more...)
This is what the new Kermit the Frog voice sounds like This is what the new Kermit the Frog voice sounds like
- August 30, 2017

Kermit's new man stars in the latest Muppets Thought of the Week video, published on YouTube on Monday. Puppeteer Steve Whitmire was sacked from his 27-year gig as the voice of Kermit the Frog last year, but his departure was made public earlier this summer. (more...)
Louisiana begins evacuations for Harvey 12 years after Hurricane Katrina Louisiana begins evacuations for Harvey 12 years after Hurricane Katrina
- August 30, 2017

The United States has activated an emergency response program to deploy hundreds of federal employees to the flood-stricken U.S. states of Texas and Louisiana, the Department of Homeland Security said on Tuesday. He cautioned however, that a change in the forecast could mean a change in plans. US President Donald Trump declared today (Monday) a state of emergency for Louisiana due to the heavy damage caused by Tropical Storm Harvey , which led to the deaths of five people. (more...)
Stock Churning Higher Mid-Day Chicago Bridge & Iron Company NV (NYSE:CBI) Stock Churning Higher Mid-Day Chicago Bridge & Iron Company NV (NYSE:CBI)
- August 30, 2017

A number of research firms recently issued reports on CBI . Its down 49.38% from 16,000 shares previously. $40,301 worth of Chicago Bridge & Iron Company N.V. Chicago Bridge & Iron Company N.V. had a negative net profit margin of 10.54% and a negative ROE of 3.92%. BidaskClub upgraded shares of Chicago Bridge & Iron Company N.V. (more...)
Ryanair will not bid for Air Berlin assets Ryanair will not bid for Air Berlin assets
- August 30, 2017

Editor's Remarks: Air Berlin filed for bankruptcy after shareholder Etihad Airways withdrew funding support. Lufthansa, which now does not offer long-haul flights from Berlin, is especially interested in the carrier's routes to United States cities including NY, the source said on Tuesday. (more...)
National Guard could mobilize 30K troops for Harvey response National Guard could mobilize 30K troops for Harvey response
- August 30, 2017

The catastrophic events of Hurricane Harvey in Houston and surrounding Texas areas have been frustrating to watch, and a lot of people are left wondering how they could help. There also are now using about 200 Humvees, 218 high-water vehicles, 15 wreckers, and 19 fuel vehicles. Beyond having additional human resources ready, the guard has also readied additional vehicles, such as boats, helicopters and airplanes, should they be needed. (more...)
Verizon Communications Inc. (NYSE:VZ) Trading Down - Insiders Selling, Short Interest Growing
- August 30, 2017

It has underperformed by 25.18% the S&P500. Pettee Investors Inc increased Verizon Communications (VZ) stake by 46.13% reported in 2016Q4 SEC filing. It improved, as 53 investors sold DOW shares while 333 reduced holdings. 41 funds opened positions while 89 raised stakes. Commerzbank Aktiengesellschaft Fi holds 0.86% or 1.09M shares. (more...)
Financial Analysis and Stock Valuation: Alexion Pharmaceuticals, Inc. (ALXN), Copart, Inc. (CPRT)
- August 30, 2017

Orbimed Advisors Llc bought 750,375 shares as the company's stock declined 11.63% while stock markets rallied. ADVISORS LP bought 1.35 million shares worth $156.92 million. More interesting news about Alexion Pharmaceuticals, Inc. Shares of ALXN have uptrended 42.18% in the past three months. $234,200 worth of stock was bought by COUGHLIN CHRISTOPHER J on Thursday, June 15. (more...)
Are Insiders Stocking Up on Their Own Shares? Alexion Pharmaceuticals, Inc
- August 30, 2017

Carmax Inc now has $11.65B valuation. About shares traded. Alexion Pharmaceuticals, Inc. It has outperformed by 9.10% the S&P500. (NASDAQ:ALXN). Eton Park Limited Partnership holds 202,000 shares. Another trade for 10,000 shares valued at $1.17 million was made by HANTSON LUDWIG on Wednesday, June 14. (NASDAQ:ALXN) for 2,495 shares. (NASDAQ:ALXN) has "Hold" rating given on Wednesday, June 14 by Oppenheimer. (more...)
Aviation company Bird Group wants to buy Air India's ground services subsidiary Aviation company Bird Group wants to buy Air India's ground services subsidiary
- August 30, 2017

A ministerial panel, headed by finance minister Arun Jaitley , has been appointed to look after the sale process of the flagship carrier, which has six subsidiaries - three of which are struggling to turn a profit - with assets worth about $4.6 billion. (more...)
Checchi Capital Advisers LLC Sells 1219 Shares of Halliburton Company
- August 30, 2017

North Point Portfolio Managers Corp OH now owns 237,761 shares of the oilfield services company's stock valued at $11,700,000 after buying an additional 3,734 shares in the last quarter. It also increased its holding in Tyler Technologies Inc (NYSE:TYL) by 100,650 shares in the quarter, for a total of 292,562 shares, and has risen its stake in Chemical Financial Corp (NASDAQ:CHFC). (more...)
ExxonMobile tank damaged by Hurricane Harvey leaking risky pollutants ExxonMobile tank damaged by Hurricane Harvey leaking risky pollutants
- August 30, 2017

That brings total capacity that's offline to 3 million barrels per day. Depending on the extent of any damage, some facilities could take weeks to return to full production, analysts cautioned. The worst impact on the US supply of gasoline and other fuels may yet be to come. The refinery shutdowns have caused a quick spike in gasoline prices, both in futures markets as well as at the retail level, especially in and around Houston. (more...)
Acquires 7033 Shares of Builders FirstSource, Inc. (BLDR)
- August 30, 2017

Parametric Port Assocs Lc reported 0% of its portfolio in Builders FirstSource , Inc. The Luminus Management Llc holds 7.00 million shares with $216.73 million value, up from 970,000 last quarter. Rail has 3.35% invested in Builders FirstSource , Inc. Also, the Hold rating count is 0, as of 25 Aug 2017. Since March 6, 2017, it had 0 insider purchases, and 7 insider sales for $294.38 million activity. (more...)
2 million customers' data stolen from games store Cex 2 million customers' data stolen from games store Cex
- August 30, 2017

CeX warns that it's "precautionary measure" so customers can protect themselves further attacks in the event of attackers cracking passwords - especially those which aren't complex. As usual in these situations, the message is to not only change your password, but change the password of any other site that you've given the same password to. (more...)
BRC warns of major post-Brexit fresh produce shortages BRC warns of major post-Brexit fresh produce shortages
- August 30, 2017

British grown seasonal food helped to offset inflation on supermarket shelves, with fresh food prices dropping for the second month in a row from one per cent in July to 0.8 per cent. "The seasonal availability of fruit and vegetables from United Kingdom suppliers is now shielding shoppers from the impact of higher import prices". (more...)
Wall Street rises after Yellen speech Wall Street rises after Yellen speech
- August 30, 2017

The dollar weakened to its lowest level since January 2015 against the euro‚ hitting $1.1945‚ as Yellen's views were judged to be only marginally hawkish. Ms Yellen offered scant clues as to whether the Fed may raise interest rates again this year, something increasingly in doubt. The yen and the Swiss franc were stronger, with USD/JPY down 0.14% at 109.22 and with USD/CHF shedding 0.32% to trade at 0.9532. (more...)