Business


Time Warner Brings the Drama to AT&T
- August 03, 2017

Institutional investors and hedge funds own 79.78% of the company's stock. Revenue from the company's Warner Bros unit, which includes the movie business, rose 12.4 per cent to $2.99-billion, topping analysts' average estimate of $2.90-billion, according to data and analytics firm FactSet. (more...)
KapStone Paper and Packaging Corporation (NYSE:KS) EPS Analysis
- August 03, 2017

The Company is the parent corporation of KapStone Kraft Paper Corporation which includes a paper mill in Roanoke Rapids, NC, and RideRite, an inflatable dunnage bag manufacturer in Fordyce, AR. KapStone Paper and Packaging Corporation's payout ratio is 51.95%. In other news, Director Jonathan R. Furer sold 12,484 shares of the business's stock in a transaction that occurred on Thursday, May 11th. (more...)
Cognizant Technology Solutions Corporation Cognizant Technology Solutions Corporation
- August 03, 2017

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Westpac Bk invested 0% in Cognizant Technology Solutions Corp (NASDAQ: CTSH ). Several brokerages have recently weighed in on CTSH. Cognizant Technology Solutions Corporation (CTSH) surprised the stock market in its last reported earnings when it earned $0.84 a piece versus the consensus-estimated $0.83. (more...)
Sterling at 11-month highs vs dollar as BoE meeting gets underway Sterling at 11-month highs vs dollar as BoE meeting gets underway
- August 03, 2017

The Bank of England is now forecast to keep interest rates on hold at 0.25%, however, there may be room for Sterling to climb should the number of committee members that call for a rate hike come in larger than two. Not only will Markit publish its anticipated United Kingdom services PMI for July, the Bank of England (BoE) will hold its August monetary policy decision. (more...)
Diamond Offshore Drilling, Inc. (DO) Announces Earnings Results
- August 03, 2017

It has underperformed by 59.72% the S&P500.The move comes after 9 months negative chart setup for the $1.61B company. The transaction was disclosed in a filing with the SEC, which is accessible through this link . The stock of Diamond Offshore Drilling Inc (NYSE:DO) has "Neutral" rating given on Friday, January 29 by Citigroup. Manufacturers Life Insurance The invested in 0% or 89,911 shares. (more...)
Apple Takes Dow Over 22000 Mark As Services Business Grows Apple Takes Dow Over 22000 Mark As Services Business Grows
- August 03, 2017

Shares of the quick service fast food and hamburger restaurant chain have contributed close to 188 points in the Dow index to push it beyond 22,000 points. Genetic tools company Illumina raised its projections for the rest of the year after solid results in the most recent quarter. Apple is up a whopping 36 percent on the year. (more...)
16-year old boy sodomized by minors in Mumbai 16-year old boy sodomized by minors in Mumbai
- August 03, 2017

The medical examination of the boy confirmed the rape and physical assault. The police said the victim and the accused stay in the same area and would regularly play together. "Whenever I tried to resist, they would hit me", the boy has said in his complaint. A medical examination of the boy at the Cooper Hospital confirmed sexual assault. (more...)
Being outside could become deadly in South Asia Being outside could become deadly in South Asia
- August 03, 2017

However, this critical temperature will be reached in the summer in the greater part of South Asia by the end of the century if we do not reduce emissions of carbon dioxide (CO2). The wet bulb temperatures on earth have rarely exceeded 31°C, reported BBC . The summer of 2015 also produced one of the deadliest heat waves in South Asia , killing an estimated 3,500 people in Pakistan and India. (more...)
CBA accused of laundering law breaches CBA accused of laundering law breaches
- August 03, 2017

The Australian Transactions Reports and Analysis Centre (Austrac) said the machines facilitated anonymous cash deposits, because the cardholder's details are not known to Commonwealth Bank unless he or she is a customer. "Non-reporting of and late reporting both delays both delays and hinders law enforcement efforst". "Delays in this case have resulted in lost intelligence and evidence (including CCTV footage), further money laundering and lost proceeds of crime". (more...)
Goldman Sachs Group, Inc. (The) (NYSE:GS) Stake Increased by Axa
- August 03, 2017

It closed at $17.5 lastly. It has outperformed by 94.28% the S&P500. Eagle Capital Management Llc increased Goldman Sachs Group Inc (GS) stake by 4.04% reported in 2016Q4 SEC filing. Analysts forecast that Goldman Sachs Group, Inc. will post $18.21 earnings per share for the current year. Community Financial Bank Na invested in 171 shares. (more...)
Insurer Aviva H1 operating profit up 11 pct to $1.9 bln Insurer Aviva H1 operating profit up 11 pct to $1.9 bln
- August 03, 2017

The present value of new life insurance business premiums is €574m up from €434m in 2016, however underlying profit in this arm of the business is down more than 50pc to €7m from €14.6m year on year. The UK and Ireland business also improved its COR to 92.5% from 93.8%. The insurer had already reported that it took the major part of the hit from the amended discount in last year's full year results. (more...)
The Brokerages Expect Ocwen Financial Corporation (NYSE:OCN) to Announce -$0.19 EPS
- August 03, 2017

Ocwen Finl Corp now has $357.55M valuation. State Street Corp now owns 1,836,727 shares of the financial services provider's stock valued at $9,901,000 after buying an additional 91,782 shares during the period. Picton Mahoney Asset accumulated 301,300 shares. Sei Invs has 170 shares. Guggenheim Cap Llc invested in 66,406 shares. Inc. boosted its stake in Ocwen Financial Corporation by 60.7% in the first quarter. (more...)
Buys 473821 Shares of SPDR Barclays Capital High Yield Bnd ETF (JNK)
- August 03, 2017

AEGON USA Investment Management LLC now owns 355,846 shares of the exchange traded fund's stock valued at $13,237,000 after buying an additional 149,019 shares during the last quarter. Traders may be focusing on other technical indicators for stock assessment. Sei Investments Co. now owns 3,521,004 shares of the exchange traded fund's stock valued at $130,981,000 after buying an additional 473,821 shares during the last quarter. (more...)
Bbva Compass Bancshares Inc. Cuts Stake in Union Pacific Corporation (UNP)
- August 03, 2017

It has outperformed by 30.29% the S&P500. The original version of this piece can be accessed at https://stocknewstimes.com/2017/08/02/north-american-management-corp-cuts-position-in-union-pacific-corporation-unp-updated.html. The rating was maintained by Barclays Capital on Monday, October 26 with "Underweight". On Wednesday, January 18 the stock rating was initiated by Buckingham Research with "Neutral". (more...)
Walker & Dunlop, Inc. (WD) Declines Again; Strong Momentum for Sellers Walker & Dunlop, Inc. (WD) Declines Again; Strong Momentum for Sellers
- August 03, 2017

A number of other large investors have also made changes to their positions in the company. State of Alaska Department of Revenue increased its stake in Walker & Dunlop by 2.0% in the first quarter. The business had revenue of $158.51 million for the quarter, compared to the consensus estimate of $133.97 million. The company's revenue was up 68.2% on a year-over-year basis. (more...)
Ritchie Bros. Auctioneers Incorporated (RBA) Downgraded by CIBC to "Sector Perform"
- August 03, 2017

The company is expected to announce its next earnings report after the market closes on Monday, August 7th. Comerica Bank raised its position in Ritchie Bros. MA raised its stake in Ritchie Bros. Auctioneers by 57.1% in the first quarter. Dimensional Fund Advisors LP now owns 101,679 shares of the business services provider's stock worth $3,457,000 after buying an additional 13,004 shares in the last quarter. (more...)
BMO Capital Markets Upgrades Spark Therapeutics, Inc. (NASDAQ:ONCE) to BMO Capital Markets Upgrades Spark Therapeutics, Inc. (NASDAQ:ONCE) to "Buy"
- August 03, 2017

Sanford C. Bernstein began coverage on shares of Spark Therapeutics in a research note on Thursday. BMO Capital Markets' target price indicates a potential upside of 33.65% from the stock's current price. Also, CFO Stephen W. Webster sold 7,663 shares of the company's stock in a transaction on Monday, June 19th. The stock was sold at an average price of $55.00, for a total value of $275,000.00. (more...)
Stock Traders Buy Large Volume of QUALCOMM Call Options (NASDAQ:QCOM)
- August 03, 2017

Nordea Investment Management AB now owns 5,912,226 shares of the wireless technology company's stock worth $339,007,000 after buying an additional 5,054,642 shares during the last quarter. Investors sentiment decreased to 1.01 in 2016 Q4. Hedge funds and other institutional investors own 76.76% of the company's stock. (NASDAQ:QCOM). Ar Asset Management accumulated 0.91% or 32,700 shares. (more...)
Louisiana-Pacific Corporation (NYSE:LPX) Downgraded by BidaskClub
- August 03, 2017

It was reported on Aug, 2 by Barchart.com . We have $23.44 PT which if reached, will make NYSE:LPX worth $175.50 million less. Since February 10, 2017, it had 0 insider buys, and 7 insider sales for $3.56 million activity. ResMed Inc. (NYSE:RMD) ended its day at $77.12 with the rising stream of -0.35% and its total traded volume was 1.27 million shares more than the average volume. (more...)
Stock Rating Update on the Shares of Sanchez Energy Corp (SN)
- August 03, 2017

The company's market cap is $826.52 million. Mackay Shields LLC now owns 16,611 shares of the energy producer's stock valued at $119,000 after buying an additional 3,362 shares during the period. Additionally on 2/02/17 PiperJaffray "Upgrades" Sanchez Energy Corp (NYSE:SN) to Overweight setting price target at $0 and on 1/24/17 Seaport Global "Upgrades" the stock to Buy at $17. (more...)
Washington Trust Bancorp, Inc. (NASDAQ:WASH) Stake Increased by Renaissance Technologies LLC
- August 03, 2017

Suntrust Banks Inc owns 4,712 shares or 0% of their U.S. portfolio. 5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of New York Community Bancorp, Inc . It has underperformed by 30.27% the S&P500. According to Zacks, "Community Trust Financial Services Corporation was incorporated under the laws for the goal of becoming a bank holding company for Community Trust Bank". (more...)
Emerson Electric Company (NYSE:EMR) Shares Bought by Wilkins Investment Counsel Inc
- August 03, 2017

Bedrijfstakpensioenfonds Voor DE Media PNO increased its stake in Emerson Electric Company (NYSE: EMR ) by 109.0% during the second quarter, according to its most recent 13F filing with the SEC. Pelch Steven J . also sold $496,277 worth of Emerson Electric Co. (NYSE:EMR) or 18,302 shares. Train Babcock Advsrs Limited Liability Co holds 0.13% in Emerson Electric Co. (more...)
Spire Healthcare Group (LON:SPI) Broker Roundup Spire Healthcare Group (LON:SPI) Broker Roundup
- August 03, 2017

The stock has a 50 day moving average of GBX 44.74 and a 200 day moving average of GBX 42.48. The company's market cap is GBX 1.37 billion. Safestore Holdings PLC has a 52 week low of 324.10GBX and a 52 week high of 456.80GBX with a P/E ratio of 8.87 The company's market cap is now 0 GBX. (more...)
Cirrus Logic, Inc. (CRUS) Given Consensus Rating of "Buy" by Analysts
- August 03, 2017

On 01 August 2017, Minerva Neurosciences, Inc. It has outperformed by 38.77% the S&P500. Cirrus Logic shares have risen 12 percent since the beginning of the year. The company's stock had a trading volume of 2,480,943 shares. Sahota Rashpal sold 6,510 shares worth $363,668. $273,000 worth of Continental Resources, Inc. (more...)
Deutsche Telekom AG (NYSE:DT) Receives Buy Rating from DZ Bank AG
- August 03, 2017

The stock has "Sell" rating by Berenberg on Monday, May 16. Deutsche Bank AG (USA) (NYSE:DB) has risen 27.06% since August 1, 2016 and is uptrending. On Thursday, March 23 the stock rating was maintained by DZ Bank AG with "Sell". The institutional investor held 40.29 million shares of the major banks company at the end of 2016Q4, valued at $729.27 million, up from 37.35M at the end of the previous reported quarter. (more...)