Business


Value of supermarket sales grows 3.1pc Value of supermarket sales grows 3.1pc
- October 17, 2017

Overall supermarket sales increased by 3.1% year-on-year in the 12 week period, marking the 17th period of growth in a row for Britain's grocers, according to Kantar Worldpanel. Share increased for both Lidl and Aldi by 0.6 percentage points, up to 5.2% of the market for Lidl and 6.8% for Aldi. Despite coming out best of the big four in the period, Morrisons' market share still dipped from 10.4% to 10.3%. (more...)
Food price rises help inflation climb to five-year high Food price rises help inflation climb to five-year high
- October 17, 2017

It matches the level in April 2012, with the rate last higher in March that year when it reached 3.5%. Sterling drifted higher on Tuesday as investors awaited inflation data expected to play a defining role in setting the Bank of England's policy outlook in the coming weeks. (more...)
Sears dealt latest blow as Berkowitz resigns from board
- October 17, 2017

As per Tuesday, September 12, the company rating was maintained by Nomura. The days to cover increased to 16.0 and the percentage of shorted shares is 0.12% as of September 29. It also reduced its holding in Encore Capital Group Inc (Prn) by 17.11M shares in the quarter, leaving it with 15.75 million shares, and cut its stake in Verso Corp. (more...)
NMI Holdings, Inc. (NMIH): Insider Trading and Ownership Analysis NMI Holdings, Inc. (NMIH): Insider Trading and Ownership Analysis
- October 17, 2017

As of the latest earnings report the EPS was $1.26 and is expected to be $0.51 for the current year with 59,862,000 shares presently outstanding. NMI Holdings Inc (NMIH) now the company's industry has 12.45 P/E and the sector P/E is 16.83. (more...)
AAA: Distractions and drinking fuel teen driver crashes AAA: Distractions and drinking fuel teen driver crashes
- October 17, 2017

State Farm officials say the rate of teens involved in deadly crashes in IL has dropped 45 percent; only 132 teens were involved in 2015, compared to 239 in 2005. " National Teen Driver Safety Week is the flawless time for parents to educate themselves, teach their teens safe driving habits and save lives". Subjects detailed in the press release include drinking and driving, seat-belt usage, speeding and distracted driving. (more...)
EasyJet and Lufthansa circle stricken Alitalia EasyJet and Lufthansa circle stricken Alitalia
- October 17, 2017

Lufthansa said it hoped to establish a " New Alitalia", but was only interested in parts of the existing business. Easyjet said it had submitted an expression of interest "in certain assets of a restructured Alitalia". Lufthansa is buying parts of failed German carrier Air Berlin. The newspaper reported Lufthansa was bidding for the planes, airport runway slots and air crew and was proposing to halve Alitalia's workforce of 12,000 employees as well as reducing its short- and ... (more...)
Stocks Active Momentum- Centene Corporation (NYSE:CNC), NewLink Genetics Corporation (NASDAQ:NLNK)
- October 17, 2017

Another trade for 1,048 shares valued at $65,154 was sold by RAMEY H CRAIG. NewLink Genetics Corp (NASDAQ: NLNK ) has risen 49.90% since October 15, 2016 and is uptrending. NewLink Genetics had 9 analyst reports since May 10, 2016 according to SRatingsIntel. Commercial Bank Of America De stated it has 0% of its portfolio in NewLink Genetics Corp (NASDAQ: NLNK ). (more...)
Marathon Oil Corporation (MRO)
- October 17, 2017

The Market Cap of the company is $28.63 Billion. The stock rose 1.45% or $0.2 reaching $13.95 per share. About 2.84M shares traded. It has underperformed by 16.70% the S&P500. Magnetar Ltd Limited Liability Company has invested 0.02% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Marathon Oil Corporation has a one year low of $10.55 and a one year high of $19.28. (more...)
Do You Have Mylan NV (NASDAQ:MYL) In Your Portfolio?
- October 17, 2017

A number of other institutional investors have also added to or reduced their stakes in the company. Year to Date performance value (YTD perf) value is -0.52%. (NASDAQ: MYL ). Bloomberg.com's article titled: "Mylan Soars as Drug Approval Deals Blow to Teva Blockbuster" and published on October 04, 2017 is yet another important article. (more...)
Bombardier to partner Airbus on C-Series jets
- October 17, 2017

There have been fears for those jobs as the company is facing a 220% tariff on a new model of passenger jet and a second preliminary levy of 80% on the exports of its planes to the US. "I have no doubt that our partnership with Bombardier will boost sales and the value of this program enormously". "Airbus is the flawless partner for us, Quebec and Canada", he said. (more...)
Analyst Earnings Forecast Screen: Healthcare Realty Trust Incorporated (HR)
- October 17, 2017

About shares traded. BioTelemetry, Inc. California State Teachers Retirement Systems has 0.01% invested in Healthcare Realty Trust Inc (NYSE:HR). It has underperformed by 15.19% the S&P500. Institutional investors own 85.94% of the company's stock. These funds have shifted positions in ( CDR ). Vornado Realty Trust (NYSE:VNO)'s RSI (Relative Strength Index) is 73.10. (more...)
$0.14 EPS Expected for New York Mortgage Trust Inc (NYMT)
- October 17, 2017

On Thursday, October 6 the stock rating was initiated by Wedbush with "Neutral". The company was maintained on Friday, August 4 by Maxim Group. Barclays Capital maintained the stock with "Equal Weight" rating in Tuesday, November 10 report. (more...)
Ruby Tuesday Swallowed By PE Firm In Roughly $355M Deal Ruby Tuesday Swallowed By PE Firm In Roughly $355M Deal
- October 16, 2017

NRD Capital , an Atlanta-based private-equity firm, has agreed to buy long-struggling casual-dining chain Ruby Tuesday Inc .in a deal valued at $335 million, the companies said on Monday. After posting yet another dismal quarterly report , with 15.3-percent annual revenue declines and accelerating comps deterioration, Ruby Tuesday, Inc . (more...)
Mazda Rotary Engine Is Indeed Returning... As A Range Extender Mazda Rotary Engine Is Indeed Returning... As A Range Extender
- October 16, 2017

Speaking with Automotive News (subscription required), Mitsuo Hitomi, head of powertrains at Mazda, said a rotary will "probably" do duty as a range-extender in an electric vehicle. The problem however, is that Mazda is still debating whether it can make a business case for another sports vehicle in its range with the MX-5 Miata now existing. (more...)
IBM launches blockchain offering to consolidate cross-border payments IBM launches blockchain offering to consolidate cross-border payments
- October 16, 2017

IBM said it would continue expanding the capabilities of the network with the eventual aim of supporting "central bank-issued digital currencies, securities, bonds and structured financial assets". It is being created to augment financial flows worldwide, for all payment types and values. IBM has teamed up Stellar , a Silicon Valley-based non-profit organisation that supports the Stellar network, a free, open-source network, founded by cryptocurrency luminary Jed McCaleb and currency ... (more...)
Short Term Outlook For Time Warner Inc. (NYSE:TWX)
- October 16, 2017

It has underperformed by 11.43% the S&P500. Macguire Cheswick & Tuttle Investment Counsel Llc decreased its stake in Time Warner Inc. Senator Investment Group Lp decreased Tesaro Inc (NASDAQ:TSRO) stake by 490,000 shares to 10,000 valued at $1.40 million in 2017Q2. (more...)
Supreme Court to hear US-Microsoft digital privacy case
- October 16, 2017

Wherever the emails reside, Microsoft can retrieve them "domestically with the click of a computer mouse", Justice Department lawyer Jeffrey Wall told the court. Reuters notes that tech companies are also concerned that customers may not trust the privacy cloud-based computing services if governments could seize their data. (more...)
First IET enters service with Great Western Railway First IET enters service with Great Western Railway
- October 16, 2017

Journalists onboard the service recorded the service reaching 125mph speed near Didcot Parkway, while drone footage captured by GWR saw one of the IETs overtake one of the old Intercity 125 services near Reading. The fleet of intercity trains was created to be electric, but will switch to diesel power from Maidenhead, until lines to Cardiff are electrified. Passengers were still forced to stand, despite claims that capacity on the new trains was increased by 20 per cent. (more...)
Nordstrom Resists Urge to Take Firm Private Nordstrom Resists Urge to Take Firm Private
- October 16, 2017

It worsened, as 59 investors sold JWN shares while 179 reduced holdings. Pacer Advisors Inc. raised its holdings in shares of Nordstrom by 69.0% in the 1st quarter. Cowen and Company reaffirmed an outperform rating and set a $49.00 price objective on shares of Nordstrom in a research report on Tuesday, August 29th. (more...)
GM, union reach tentative deal at Ontario CAMI plant
- October 16, 2017

General Motors Co. and its union in Canada reached an agreement to resolve an nearly monthlong strike, a crucial step toward the largest USA automaker resuming production of one if its top models. The workers make the Chevrolet Equinox, a compact sport utility vehicle that is a hot seller. The action was sparked by union anger and frustration over GM's decision to move production of the GMC Terrain from Ingersoll to GM's assembly plant in Ramos Arizpe, Mexico. (more...)
Citigroup Inc. Increases Aldermore Group PLC (ALD) Price Target to GBX 313 Citigroup Inc. Increases Aldermore Group PLC (ALD) Price Target to GBX 313
- October 16, 2017

The company has market cap of $692.01 billion. It has a 18.23 P/E ratio. About 130,704 shares traded or 1606.32% up from the average. Photo-Me International plc (LON:PHTM) has 0.00% since October 16, 2016 and is. Numis Securities maintained Draper Esprit PLC (LON:GROW) rating on Tuesday, September 6. BMO Capital Markets maintained it with "Buy" rating and $1800 target in Thursday, July 13 report. (more...)
India's wholesale inflation cools to 2.6% YoY in September led by food India's wholesale inflation cools to 2.6% YoY in September led by food
- October 16, 2017

The WPI inflation decline was driven by fall in inflation for two major sub-groups - primary articles and fuel products, while the manufactured products group has exhibited an increase in inflation in September 2017. On a segment-wise basis, expenses on primary articles, which constitute 22.62 per cent of the WPI's total weightage, declined during the month in consideration by 3 per cent, from an increase of 2.26 per cent in August. (more...)
Ardee schools closed as Hurricane Ophelia looms Ardee schools closed as Hurricane Ophelia looms
- October 16, 2017

However, some School Transport Scheme services - which travel on minor roads - could be curtailed tomorrow morning or diverted due to flooding or fallen trees. Bus √Čireann also want to advise passengers of likely disruption to some scheduled road passenger services tomorrow. The woman died when a falling tree struck her auto in Aglish in west Waterford . (more...)
Vauxhall axing 400 jobs at Ellesmere Port 'due to market, not Brexit'
- October 16, 2017

The PSA statement said that no decision on where the new Vauxhall Astra will be build would be taken until the uncertainty around the UK's exit from the European Union had cleared. He also pointed out that current manufacturing costs in Ellesmere Port were "significantly higher" than those of PSA's benchmark plants in France. Ellesmere Port, which now builds the Astra, is on course to produce 110,000 cars in 2017, which will be 30,000 short of its 2016 figure. (more...)
Dubai police have been testing out this hoverbike Dubai police have been testing out this hoverbike
- October 16, 2017

In an interview at GITEX with Gulf News , a Dubai Police representative pointed out that the initial deal is for prototype hoverbikes for further testing, with the department making plans for a drone division that will use manned and unmanned airframes for a variety of policing purposes. (more...)