Business


Ryanair finally provides full list of cancellations Ryanair finally provides full list of cancellations
- September 19, 2017

On an analyst call, the Financial Times reported, he said the airline faced a €20 million ($24 million) bill for all the compensation it could award passengers and it would face a one-off €5 million hit to profits (paywall). At a press conference yesterday Mr O'Leary said that the airline had "no difficulty in getting captains" adding that the airline had a "waiting list" of 2,500 airline pilots which were waiting to join the company. (more...)
Woman's complaint about Hobby Lobby cotton display goes viral Woman's complaint about Hobby Lobby cotton display goes viral
- September 19, 2017

Rider takes issue with raw cotton, a commodity gained largely at the expense of black slaves, being used as a decoration. Rider's Facebook rant was originally posted Thursday, Sept. There are nearly 200,000 comments on the post, many of them expressing dismay that Ryder is offended by fake cotton plants. "My Dad is from a family of white sharecroppers in the 1930s and 40s and they ALSO picked cotton." one commenter wrote. (more...)
Lazard Asset Management LLC Has Boosted Cisco Sys INC (CSCO) Holding
- September 19, 2017

Gemmer Asset Management Ltd Co has invested 0.08% in Cisco Systems, Inc . The stock rose 0.28% or $0.09 reaching $32.53. 17,290,893 shares of the company's stock traded hands. now owns 190,043 shares of the network equipment provider's stock valued at $6,423,000 after acquiring an additional 9,915 shares during the period. Ep Wealth Advsr accumulated 9,956 shares. (more...)
Hurricane Maria Heads Toward Puerto Rico As A Major Storm Hurricane Maria Heads Toward Puerto Rico As A Major Storm
- September 19, 2017

National Hurricane Center forecasters said the storm had developed a "dreaded pinhole eye", signaling it could grow even stronger. That's about two-and-a-half days of tropical storm winds, and on Wednesday we will feel the brunt - all of the island will feel the brunt of sustained category four or five winds, Rossell said. (more...)
TPG adds 72000 subscribers, surpasses $400m profits TPG adds 72000 subscribers, surpasses $400m profits
- September 19, 2017

Underlying EBITDA was $835 million, up 8 percent from $775.3 million a year ago. Its earnings before interest, tax, depreciation and amortization (EBITDA) increased 5 per cent on the prior year, to $890.8 million. TPG has announced that its AU$1.9 billion Australian mobile network build-out has made "strong progress", with the network expected to be complete across Sydney, Melbourne, and Canberra by mid-2018. (more...)
Pier 1 Imports (PIR)
- September 19, 2017

Catalent Inc now has $5.00 billion valuation. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. Ameriprise Fincl has invested 0% in Pier 1 Imports Inc (NYSE:PIR). It has underperformed by 12.65% the S&P500. Investors sentiment decreased to 1.26 in Q4 2016. (more...)
Shares Of Brocade Communications Systems, Inc. (BRCD) sold By ODONNELL ELLEN
- September 19, 2017

Brocade Communications Systems I now has $5.06 billion valuation. The company had a trading volume of 3,413,627 shares. The collective rating of 3 for Brocade Communications Systems, Inc . 64 funds opened positions while 63 raised stakes. Comerica Natl Bank has invested 0.03% of its portfolio in Brocade Communications Systems, Inc . Shares of Brocade Communications Systems ( BRCD ) traded down 0.16% on Friday, reaching $12.17. (more...)
NY governor wants credit-reporting firms to follow cyber rules NY governor wants credit-reporting firms to follow cyber rules
- September 19, 2017

Mr. Cuomo said that contravention was high time for realization and enumerated that he wished that the ruling will be reproduced nationwide. New York Governor Andrew Cuomo said that he wants credit-reporting firms to comply with the state's cybersecurity regulations, the latest government official to crack down on the industry in the wake of the massive Equifax hack. (more...)
Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by CIBC Asset Management Inc
- September 19, 2017

Insiders have sold a total of 211,301 shares of company stock valued at $17,259,256 in the last ninety days. ON Semiconductor Corporation (NASDAQ: TXN ) scores higher than Texas Instruments Incorporated (NASDAQ:ON) on 6 of the 11 measures compared between the two companies. (more...)
Woman found in Madison house explosion was homicide victim Woman found in Madison house explosion was homicide victim
- September 19, 2017

Victim Lee Anne Pirus (left) and the accused, her husband Steven D Pirus (right). A 59-year-old man has been arrested after the body of his wife was found on Friday among debris, following an explosion in their home. The police chief said that he had shot his wife and wanted to cover up the crime. Koval says Lee Ann's body stayed in the home "for a considerable length of time, if not months" before the blast. (more...)
Hurricane Maria forecast to become Category 4 storm Hurricane Maria forecast to become Category 4 storm
- September 19, 2017

Hurricane Maria is now a Category 1 hurricane and it appears to slowly be moving across the Atlantic in the direction of the US coast. " Maria will affect portions of the Leeward Islands and the British and US Virgin Islands as an extremely unsafe major hurricane during the next couple of days, and hurricane warnings are in effect for many of these islands", the center said. (more...)
Inphi Corporation (IPHI) Rating Increased to Hold at Zacks Investment Research
- September 19, 2017

Gagnon Securities Llc sold 8,328 shares as Inphi Corp (IPHI)'s stock declined 24.15%. The stock decreased 0.90% or $0.36 during the last trading session, reaching $39.83. As of the latest earnings report the EPS was $1.67 and is estimated to be $1.50 for the current year with 42,283,000 shares now outstanding. IPHI's profit will be $3.38M for 124.19 P/E if the $0.08 EPS becomes a reality. (more...)
Comcast Corporation (NASDAQ:CMCSA) Trading Up - Insiders Selling, Short Interest Growing Comcast Corporation (NASDAQ:CMCSA) Trading Up - Insiders Selling, Short Interest Growing
- September 19, 2017

It has outperformed by 12.26% the S&P500. Veritas Asset Management Llp acquired 1.04 million shares as Comcast Corp ( CMCSA)'s stock rose 3.16%. The fund owned 604,908 shares of the cable giant's stock after purchasing an additional 132,981 shares during the quarter. (more...)
India regulator allows realty, infrastructure trusts to issue bonds India regulator allows realty, infrastructure trusts to issue bonds
- September 19, 2017

India's market regulator on Monday permitted real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) to issue bonds, as part of measures it has been taking to help attract investors to a capital-starved property sector. (more...)
Kim Jong-un vows to complete nuclear weapons programme Kim Jong-un vows to complete nuclear weapons programme
- September 19, 2017

The conversation was initiated by Japan . North Korea launched an intermediate-range missile that flew over Japan in its longest-ever flight, showing that leader Kim Jong Un is defiantly pushing to bolster his weapons programs despite USA -led global pressure. (more...)
Bank of England chief says United Kingdom to underperform until mid Bank of England chief says United Kingdom to underperform until mid
- September 19, 2017

Carney, making a speech at the International Monetary Fund's Washington headquarters on Monday, said less openness to foreign markets and workers was likely to put upward pressure on inflation and reduce productivity, he said. Given the UK's rising inflationary pressure and the continued erosion of slack in the economy, BOE is likely to withdraw monetary stimulus over the coming months in order to return inflation sustainably to target, said Carney. (more...)
Cisco's Executive Chairman Chambers not to seek re-election Cisco's Executive Chairman Chambers not to seek re-election
- September 19, 2017

Cisco said Chambers is set to be given the honorary title of Chairman Emeritus. John Chambers was named executive chairman on July 26, 2015. During his time in the role, he took Cisco from $1.2 billion in annual revenue to almost $50 billion, the company said in a statement Monday. (more...)
Equifax executives subject to criminal probe Equifax executives subject to criminal probe
- September 19, 2017

The probe will look into share sales by chief financial officer, John Gamble; its president of US information solutions, Joseph Loughran; and its president of workforce solutions, Rodolfo Ploder . However, there were no regulatory filings for any pre-scheduled trades. Bloomberg is also reporting that both breaches may have involved the same intruders, which is not a good look for the company that is reeling from the massive breach and has seen its stock crater. (more...)
Wall Street edges into record territory ahead of Fed meet Wall Street edges into record territory ahead of Fed meet
- September 19, 2017

The Federal Reserve (Fed) is widely expected to leave interest rates untouched after the two-day policy meeting this week, but economists are split on whether the impact of Hurricanes Harvey and Irma will create enough uncertainty to delay the next tightening move until 2018. (more...)
Philbin Succeeds Sasser as Dollar Tree CEO Philbin Succeeds Sasser as Dollar Tree CEO
- September 19, 2017

M Partners downgraded Dollar Tree, Inc . Several other hedge funds and other institutional investors have also recently modified their holdings of DLTR . The firm earned "Hold" rating on Monday, July 31 by Deutsche Bank. The firm has a market capitalization of $19.77 billion, a price-to-earnings ratio of 21.36 and a beta of 0.68. (more...)
Vipshop Holdings Ltd (VIPS) Could Go to $18.1
- September 19, 2017

After a recent spot-check, the stock has touched $10.06 which represents a change from the open of 0.10%. Several institutional investors have recently made changes to their positions in the business. Seven equity analysts rating the company a strong buy, nine equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of ... (more...)
Itron to buy Silver Spring for $830 mln Itron to buy Silver Spring for $830 mln
- September 19, 2017

Schwab Charles Investment Management Inc. lifted its stake in Silver Spring Networks by 0.9% during the 2nd quarter. More recently, however, the stock had begun to rebound last month after Silver Spring announced encouraging second-quarter 2017 results. (more...)
Cubic Asset Management Has Boosted Fedex (FDX) Stake; News Has 1.04 Sentiment
- September 19, 2017

Michael Novogratz increased its stake in Netlist Inc (NLST) by 130.22% based on its latest 2016Q4 regulatory filing with the SEC. Is FedEx Corporation (NYSE: FDX ) Cheap From Peers? The Bartlett & Co holds 152,765 shares with $28.45M value, down from 154,665 last quarter. (more...)
Canaccord Genuity Keeps Rating And Raises Price Target On NVIDIA Corporation (NVDA) Canaccord Genuity Keeps Rating And Raises Price Target On NVIDIA Corporation (NVDA)
- September 19, 2017

It has outperformed by 195.58% the S&P500. The Arrowpoint Asset Management Llc holds 337,055 shares with $35.98 million value, down from 377,760 last quarter. New York State Common Retirement Fund increased its position in NVIDIA Corporation by 14.4% in the second quarter. NVIDIA Corporation (NASDAQ:NVDA) traded up 4.858% during trading on Monday, reaching $188.859. (more...)
Equifax data breach could affect 400000 United Kingdom customers Equifax data breach could affect 400000 United Kingdom customers
- September 19, 2017

Cuomo said consumer credit reporting agencies operating in NY will be required to register annually with DFS by February 1, 2018, and by February 1 of each year afterward. Equifax is offering free credit monitoring services in response to the breach, but the attorneys general today objected to Equifax "seemingly using its own data breach as an opportunity to sell services to breach victims", they wrote. (more...)