Business


China bitcoin exchanges awaiting clarification on closure report China bitcoin exchanges awaiting clarification on closure report
- September 11, 2017

The latest media reports follow China's move last week to ban so-called "initial coin offerings", or the practice of creating and selling digital currencies or tokens to investors in order to finance start-up projects. The PBoC began its crackdown on domestic bitcoin exchanges in January, putting an end to margin (loan) trading and zero fee trading. Analysts say more activity is moving underground, where individuals can send virtual currencies to each other using private addresses, which ... (more...)
Tanzania confiscate assets of officials implicated in diamond fraud Tanzania confiscate assets of officials implicated in diamond fraud
- September 11, 2017

State-run Tanzania Broadcasting Corporation reported Saturday that the government had accused the company of undervaluing the diamonds. On Friday, Tanzanian police chief said they have started investigating senior officials implicated in the two reports by parliamentary investigative committees on diamonds and tanzanite mining. (more...)
British subsidies for offshore wind fall well below new nuclear British subsidies for offshore wind fall well below new nuclear
- September 11, 2017

Overall 11 new contracts were awarded to clean energy firms worth up to £176m per year, including those pursuing advanced conversion technologies and dedicated biomass with combined heat and power. "The offshore wind sector alone will invest £17.5bn in the United Kingdom up to 2021 and thousands of new jobs in British businesses will be created by the projects announced today", he said in a statement. (more...)
More upheaval at Carillion as directors are cleared out More upheaval at Carillion as directors are cleared out
- September 11, 2017

The changes are a clear signal that Carillion's interim chief executive Keith Cochrane is determined to get to grips with the group's problems. CFO Zafar Khan will step down with immediate effect, to be replaced by Emma Mercer, the finance head of its United Kingdom construction business. (more...)
LLC Reduces Stake in Steel Dynamics, Inc. (NASDAQ:STLD) LLC Reduces Stake in Steel Dynamics, Inc. (NASDAQ:STLD)
- September 11, 2017

It has a 15.36 P/E ratio. Its segments include steel operations, metals recycling operations, steel fabrication operations and Other Operations. Navellier & Associates Inc decreased Ormat Technologies Inc. Firstly, Return on Equity , or ROE, is simply the percentage of last years' earning against the book value of shareholders' equity.It essentially shows how much STLD can generate in earnings given the amount of equity it has raised.If investors diversify their portfolio by industry, they ... (more...)
Astrazeneca PLC (NYSE:AZN) Traded 5.4% Above Its 50 Day Moving Average Astrazeneca PLC (NYSE:AZN) Traded 5.4% Above Its 50 Day Moving Average
- September 11, 2017

Salem Investment Counselors Inc. acquired a new position in shares of Astrazeneca PLC during the 1st quarter worth $107,000. The Banque Pictet & Cie Sa holds 275,077 shares with $7.52 million value, down from 287,877 last quarter. The company's quarterly revenue was down 9.9% on a year-over-year basis. Analysts forecast that Enquest Plc will post ($0.01) earnings per share for the current fiscal year. (more...)
Kansas guardsmen in Cuba safe as Hurricane Irma approaches
- September 11, 2017

Nicky Inskeep said on the group's Facebook page . In addition, the United Nations said some military and police from the "drawn-down" of the United Nations peacekeeping mission in the country, known as MINUSTAH, are preparing to be deployed to assist the Haitian National Police. (more...)
State of Tennessee Treasury Department Takes Position in Teck Resources Ltd (TECK) State of Tennessee Treasury Department Takes Position in Teck Resources Ltd (TECK)
- September 11, 2017

About 1.49M shares traded. In July 2009, CIC through Fullbloom reached an agreement to acquire 101,304,474 Class B subordinate voting shares of Teck Resources for around $1.5bn. Upon completion, CIC will continue to hold 59,304,474 Class B subordinate voting shares, or 10.40% of the outstanding Class B shares. California State Teachers Retirement System owns 137,539 shares. (more...)
Seven dead in horror shooting rampage Seven dead in horror shooting rampage
- September 11, 2017

Seven were dead, and two were wounded and taken to a hospital, the authorities said. Nine other victims with gunshot wounds were found in the home. "That's still unclear", said Officer David Tilley, a spokesman for the Plano police. (more...)
Just the Facts on GameStop Corp. (GME) Just the Facts on GameStop Corp. (GME)
- September 11, 2017

If GameStop Corp . (NYSE: GME ) shares can stay above the price resistance around $19.19 a share, that could help propel GameStop Corp . In the past 5 years, the stock showed growth of 7.48% per annum. Brandywine Global Investment Management Llc increased its stake in Rpm Intl Inc (RPM) by 6.69% based on its latest 2016Q4 regulatory filing with the SEC. (more...)
Chesapeake Energy Corporation Posted gains of 2.93% in the Last Trade Chesapeake Energy Corporation Posted gains of 2.93% in the Last Trade
- September 11, 2017

The longer the disruption continues, the more severe will be the impact on Chesapeake's production volumes and earnings. EPS Estimate for the next year is 0.8. ValuEngine downgraded Chesapeake Energy Corporation from a "buy" rating to a "hold" rating in a research report on Friday, June 9th. Since January 1, 0001, it had 0 insider buys, and 4 selling transactions for $547,899 activity. (more...)
How Tesla Is Helping Florida Drivers Escape Hurricane Irma How Tesla Is Helping Florida Drivers Escape Hurricane Irma
- September 11, 2017

Tesla appears to have done just that for Florida drivers in light of Irma. While they have a 75-kWh battery, software on those versions limits customers to using about 80% of available power, with a range of 200 to 230 miles per charge. According to another owner , Tesla said the upgrade will be effective through September 16 . After owners reported to having longer ranges than usual in their cars, a Tesla representative confirmed to green energy news site Electrek that this was a ... (more...)
NatGas Leads Weekly Gains As US Finishes at 944 Rigs NatGas Leads Weekly Gains As US Finishes at 944 Rigs
- September 11, 2017

The rating was maintained by Goldman Sachs on Monday, May 9 with "Neutral". The stock of Baker Hughes A GE Co (NYSE: BHI ) has "Hold" rating given on Friday, June 23 by Tudor Pickering. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2017/09/10/northwestern-mutual-investment-management-company-llc-has-754000-position-in-baker-hughes-a-ge-co-bhi.html. (more...)
Most Recent Stock Report:- Walgreens Boots Alliance, Inc. (WBA) Most Recent Stock Report:- Walgreens Boots Alliance, Inc. (WBA)
- September 11, 2017

Several hedge funds and other institutional investors have recently made changes to their positions in WBA . Bridgewater Associates LP bought a new stake in shares of Walgreens Boots Alliance in the 1st quarter valued at $1,677,000. The company presently has an average rating of "Buy" and an average price target of $91.10. The company was maintained on Thursday, September 1 by Credit Suisse. (more...)
Cuba declares hurricane warning for central, western provinces Cuba declares hurricane warning for central, western provinces
- September 10, 2017

At 03:00 GMT on Saturday, Irma had maximum sustained winds of 257km/h (160mph), the National Hurricane Center in the USA said. Our staff on the ground in the Dominican Republic and Haiti are already working closely with the national agencies and development partners to improve preparedness and deliver a timely response. (more...)
Billionaire Branson rides out Irma Billionaire Branson rides out Irma
- September 10, 2017

The atmosphere of anticipation ahead of Irma's arrival was "eerie..." More than six million people in Florida and Georgia have been warned to leave their homes as the National Hurricane Centre warned the storm will bring "life-threatening" wind, with forecasters predicting storm surges of up to 15 ft. (more...)
Shares in GlaxoSmithKline PLC (GSK) Acquired by NorthCoast Asset Management LLC Shares in GlaxoSmithKline PLC (GSK) Acquired by NorthCoast Asset Management LLC
- September 10, 2017

Bronfman E.L. Rothschild L.P. lifted its position in GlaxoSmithKline PLC by 45.4% during the 1st quarter. LS Investment Advisors LLC now owns 4,280 shares of the pharmaceutical company's stock worth $185,000 after buying an additional 2,680 shares during the period. (more...)
U.S. airlines scramble to evacuate residents ahead of Hurricane Irma U.S. airlines scramble to evacuate residents ahead of Hurricane Irma
- September 10, 2017

Train travel will halt in much of Florida as well. Atlanta would be the third major airport hub to be hit by a major storm in a month. Both Miami International's and Fort Lauderdale International's administrations have no plans to close their airports. (more...)
Oil falls as Irma heads for Florida, threatening demand
- September 10, 2017

Brent for November settlement was up 27 cents at US$54.76 a barrel on the London-based ICE Futures Europe exchange. Total U.S. crude oil inventories stood at 462.4 million barrels as of last week, according to press release, which the EIA considered to be "in the upper half of the average range for this time of year". (more...)
Man City demolish 10-man Liverpool 5-0 Man City demolish 10-man Liverpool 5-0
- September 10, 2017

The result sends City, temporarily at least, to the top of the Premier League table with 10 points from four games. Liverpool could possibly appeal but it is unlikely to make any difference. "We had to find the right moment with Sergio, Kevin (De Bruyne ) and David (Silva)". "It has not broken the bone", manager Pep Guardiola said . (more...)
Jefferies Group Comments On Marathon Petroleum Corporation's First Quarter 2018 Corporate Earnings Jefferies Group Comments On Marathon Petroleum Corporation's First Quarter 2018 Corporate Earnings
- September 10, 2017

Bw Gestao De Investimentos Ltda who had been investing in Marathon Petroleum Corp for a number of months, seems to be bullish on the $27.40B market cap company. Therefore 76% are positive. COPYRIGHT VIOLATION NOTICE: "Marshall Wace North America L.P. Has $16.69 Million Stake in Marathon Petroleum Corporation (MPC )" was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. (more...)
Gold prices ease from near 1-year high Gold prices ease from near 1-year high
- September 10, 2017

Japanese carmakers and electronics companies rose, with Toyota up 0.42 percent at 6,195 yen and Panasonic gaining 0.90 percent to 1,450 yen. The dollar fell as much as 0.4 percent against the Swiss franc, another safe-haven currency, on the risks surrounding North Korea to a session low of 0.9545 franc. (more...)
Nci Building Systems Inc (NYSE:NCS) Institutional Investors Quarterly Sentiment
- September 10, 2017

NCI Building Systems has $20.0 highest and $13 lowest target. Out of 10 Wall Street analysts rating NCI Building Systems , 8 give it "Buy", 0 "Sell" rating , while 2 recommend "Hold". Putnam Invs Limited invested in 339,175 shares or 0.01% of the stock. Leavell Investment Management Inc increased Schwab Strategic Tr Us Lrg Cap (SCHX) stake by 78,719 shares to 285,397 valued at $15.20M in 2016Q4. (more...)
North Korea Crisis: Russia's Putin Warns of 'Global Catastrophe' North Korea Crisis: Russia's Putin Warns of 'Global Catastrophe'
- September 10, 2017

North Korean leader Kim Jong Un then called the launch a "meaningful prelude" to containing the US Pacific island territory of Guam and called for his military to conduct more ballistic missile launches targeting the Pacific Ocean. North Korea claims it now has the capability of mounting a thermonuclear weapon on a long-range missile capable of striking the United States. In the past Putin has been a staunch critic of Trump's policy towards North Korea, branding his military actions in the ... (more...)
Put 'greatest possible pressure' on North Korea Put 'greatest possible pressure' on North Korea
- September 10, 2017

South Korean President Moon Jae In stressed that diplomacy, not war, was the way to deal with the North Korean nuclear threat, even as the South yesterday completed the deployment of a missile shield. But he insisted that military action wouldn't be his first choice. "I think so", he said. "That is plainly clear to us". In an attempt to warm ties, Xi sent high-ranking Communist Party official Liu Yunshan to attend the North's October 2015 military parade marking the 70th anniversary of the ... (more...)