Business


Kellogg taps vitamin executive as next CEO Kellogg taps vitamin executive as next CEO
- September 28, 2017

The Battle Creek-based food maker said its board of directors elected Steven Cahillane to the role, effective October 2. Following this, he will remain as the Executive Chairman of the Board of Directors until March 15, 2018. Donald Knauss, lead director of the Kellogg Company Board of Directors, said the board is grateful for Bryant's leadership and Kellogg, the maker of Rice Krispies, Pop-Tarts and Keebler cookies, is a stronger company today because of him. (more...)
United States tax reform details maintain Dollar momentum
- September 28, 2017

The Dow ended its four-day losing streak by adding 56 points to finish the day at 22,340 points. The dollar's strength pressured many emerging market currencies and bonds, helping drag down MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS 0.4 percent to one-month lows. (more...)
Analyzing Analyst Recommendations: Ideal Power Inc. (IPWR), Regal Entertainment Group (RGC)
- September 28, 2017

Sterling Bancorp (NYSE:STL) has risen 38.62% since September 26, 2016 and is uptrending. It has outperformed by 105.56% the S&P500. The Clifford Swan Investment Counsel Llc holds 74,601 shares with $15.53M value, down from 76,101 last quarter. (more...)
Asian stocks mostly down as investors focus on US tax reform Asian stocks mostly down as investors focus on US tax reform
- September 28, 2017

Besides higher Treasury yields, the Greenback was also supported by optimism over the release of the Trump Administration's long-awaited tax reform plan. Also serving to cap gains on the Dow and S&P were Nike (NKE.N) shares, which declined 1.92 percent after the company posted its slowest quarterly sales growth in almost seven years and said it expected a further drop in revenue from North America. (more...)
IShares MSCI Saudi Arabia Capped ETF (KSA): Tracking the Technicals
- September 28, 2017

Following the numbers for db x-trackers MSCI World Index UCITS ETF 1C (XMWD.L), we have recently recorded that 21 day Wilder Moving Average is higher than the 50 day SMA. Levels above -20 may indicate the stock may be considered is overbought. A Williams %R that lands between -80 to -100 is typically seen as being in strong oversold territory. (more...)
Sells 8771 Shares of Walt Disney Company (The) (DIS) Sells 8771 Shares of Walt Disney Company (The) (DIS)
- September 28, 2017

The stock's price to sales ratio for trailing twelve months is 1.54 and price to book ratio for most recent quarter is 2.82, whereas price to cash per share for the most recent quarter is 55.03. The stock of Walt Disney Co (NYSE: DIS ) earned "Outperform" rating by RBC Capital Markets on Monday, August 3. As per Thursday, May 11, the company rating was maintained by Wells Fargo. (more...)
Euro slips 0.4 percent after German election surprise Euro slips 0.4 percent after German election surprise
- September 28, 2017

Oil prices rose to their highest in eight months after major producers said at a meeting in Vienna the global market was well on its way towards rebalancing. Australian shares were down 0.2 percent, while South Korean shares slid 0.3 percent. Cable now trades 0.28% lower to 1.3430 while the pound was 0.36% firmer against the euro. (more...)
NY Sells 55361 Shares of Cisco Systems, Inc. (CSCO)
- September 28, 2017

About 4.28 million shares traded. PDC Energy Inc (NASDAQ:PDCE) has declined 13.25% since September 27, 2016 and is downtrending. It has outperformed by 12.90% the S&P500. (NASDAQ: CSCO ) for 42,570 shares. Its up 0.52% from 3.29M shares previously. Many investment analysts have quite recently published research on the share. (more...)
Short Interest in Encana Corporation (NYSE:ECA) Expands By 19.8%
- September 28, 2017

Tcf Financial Corporation (NYSE:TCF) had an increase of 19.55% in short interest. Currently, Encana Corporation (NYSE: ECA ) has an average volume of 12.04 Million. Traders are more bearish on shares of Encana Corporation recently if you take note of the motion in short interest. They set an outperform rating and a $15.00 price target for the company. (more...)
Wells Fargo & Company (WFC) - Worth Watching Stock
- September 28, 2017

The institutional investor held 1.59M shares of the major banks company at the end of 2017Q2, valued at $88.28M, down from 1.65 million at the end of the previous reported quarter. Blair William Co Il reported 0.28% of its portfolio in Wells Fargo & Co (NYSE:WFC). (NASDAQ:SYNT). Fmr Limited Liability Com holds 0% in Syntel, Inc. (more...)
A Technical Perspective on Rite Aid Corporation (RAD) A Technical Perspective on Rite Aid Corporation (RAD)
- September 28, 2017

Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,412,603 shares of the company's stock worth $15,967,000 after purchasing an additional 2,711,300 shares during the last quarter. (NASDAQ:AMOT). Panagora Asset Mgmt Inc has 0% invested in Allied Motion Technologies, Inc. Making sure company earnings are in line may also be a wise choice when investing in a recently researched stock. (more...)
Audi unveils its first Formula E works entry for 2017/18 season Audi unveils its first Formula E works entry for 2017/18 season
- September 28, 2017

Audi Sport ABT Schaeffler has revealed the Volkswagen Group's first fully-electric racecar, the Audi e-tron FE04. The new e-tron FE04 will feature a single-speed gearbox and a new powertrain. The vehicle will be driven by Brazilian Lucas di Grassi, who won the 2016/17 Formula E championship as part of the Audi Sport ABT Schaeffler team, and Daniel Abt from Germany. (more...)
India says work on GE's locomotive factory on track India says work on GE's locomotive factory on track
- September 28, 2017

With these additional trains, the total number of services on Mumbai local rain network acorss, Western Railway and Central Railway together, will increase to 3083 suburban services. Goyal's reaction comes in the wake of General Electric's remark earlier this week that the Government of India's "Make in India" initiative will be undermined if the Railway Ministry went ahead with plans to only use electric engines. (more...)
BlackBerry shares surge as profit rises on software strength
- September 28, 2017

The FactSet revenue consensus is $916 million. The company, based in Waterloo, Ont., says overall revenue for the three months ended August 31 was US$238 million, down from $334 million in last year's second quarter but up $3 million from the previous quarter ended May 31. (more...)
Roku sets $14 per share IPO price on $1.3 billion valuation Roku sets $14 per share IPO price on $1.3 billion valuation
- September 28, 2017

During the first six months of this year, the streaming company generated $199.7 million, a 23 percent jump from the same period in 2016. Roku is averaging $11.22 in annual revenue per user, which is also up 35 percent year-over-year. US household penetration data reveals similar market share numbers. In its filing to the U.S. Securities and Exchange Commission earlier this month, the company said it has 15.1 million active accounts as of June 30. (more...)
Shares Trading up at $7.31 (SPWR) SunPower versterkt haar toonaangevende…
- September 28, 2017

Halliburton Co now has $39.43 billion valuation. Moving out to look at the previous month volatility move, the stock is at 5.14%. A total volume of 5.56 million shares were traded versus to average volume of 3.37 million shares. Teachers Advisors lifted its holdings in SunPower Corporation by 0.7% in the Q4. Starbucks Corp (NASDAQ:SBUX) was raised too. Investors sentiment increased to 0.92 in Q2 2017. (more...)
Drilling Down Into Net Element, Inc. (NETE)
- September 28, 2017

If the stock price is unchanged its weighted alpha will be smaller. (NASDAQ: NETE ) higher to the next line of resistance at $0.92 a share. A stock price loss will yield a negatively weighted alpha. Stock's minimum price target estimates has been figured out at $5.17 while the maximum price target forecast is established at $5.17. The company rocked its 52-Week High of $1.54 and touched its 52-Week Low of $0.26. (more...)
Tax Reform: Now the Hard Part Begins Tax Reform: Now the Hard Part Begins
- September 28, 2017

So far the lack of tax-plan details has frustrated some conservative Republicans, who have indicated they won't approve a budget - a necessary step to pass a tax plan without Democratic support - until they get some specifics from their leaders. (more...)
Several major airlines at Changi airport affected by global check-in outage Several major airlines at Changi airport affected by global check-in outage
- September 28, 2017

A spokesperson said: "A small number of airlines are now experiencing intermittent issues with their check-in systems at airports around the world - including at Heathrow". A worldwide outage to passenger processing systems has left flights on the tarmac and passengers unable to check in. 'We are working closely with our airlines to help resolve the issue as quickly as possible. (more...)
Uber Is Hunting For a New UK Head Amid Regulatory Battles Uber Is Hunting For a New UK Head Amid Regulatory Battles
- September 28, 2017

At the heart of the issue is whether Uber drivers should be considered employees of the company-and be granted worker benefits and rights that typically go with such status. But judges disagreed, saying: The notion that Uber in London is a mosaic of 30,000 small businesses linked by a common "platform" is to our minds faintly ridiculous. (more...)
UK's May slams Boeing for undermining partnership UK's May slams Boeing for undermining partnership
- September 28, 2017

Britain told US planemaker Boeing on Wednesday that it could lose out on future British defense contracts because of its dispute with Canadian rival Bombardier which has put 4,200 jobs at risk in Northern Ireland. "This does not bode well for the UK's plan to be a leader in global free trade nor indeed ambitions of a free trade agreement with the European Union which can not match the benefit we now enjoy as part of the EU's Single Market". (more...)
'I'll Fix The Mess' That Is North Korea 'I'll Fix The Mess' That Is North Korea
- September 28, 2017

Now North Korea's own conduct is often provocative and belligerent and I don't defend it's rhetoric, but this is the country that has learnt a lesson from the Iraq war. In a response to Mr Trump's tweets , Ri said: "The question of who won't be around much longer will be answered then". Trump also disparaged previous U.S. (more...)
ConAgra Foods Inc. (CAG) Shares Bought by Aberdeen Asset Management PLC UK ConAgra Foods Inc. (CAG) Shares Bought by Aberdeen Asset Management PLC UK
- September 28, 2017

The Company sells branded and customized food products, as well as commercially branded foods. It also reduced its holding in America Movil (NYSE:AMX) by 97,636 shares in the quarter, leaving it with 208,462 shares, and cut its stake in Snap (NYSE:SNA). (more...)
Featured Stock to See: Cypress Semiconductor Corporation (CY) Featured Stock to See: Cypress Semiconductor Corporation (CY)
- September 28, 2017

Cigna Investments New grew its holdings in stocks of Cypress Semiconductor Corporation by 0.6% in the Fiscal Q2. ON Semiconductor Corporation (NASDAQ:ON) has seen its stock price gain, or, so far in 2017. Boston Advsrs Limited Liability Corporation holds 69,625 shares. Goldman Sachs Grp accumulated 15,116 shares. 164,377 were reported by Susquehanna Group Incorporated Ltd Liability Partnership. (more...)
Royal Dutch Shell plc (RDS-B) Is Now Overbought Royal Dutch Shell plc (RDS-B) Is Now Overbought
- September 28, 2017

A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. A reading from -80 to -100 would indicate an oversold situation. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. The RSI may be useful for spotting abnormal price activity and volatility. (more...)