Business


Worldwide Wine Output Hits a 50-Year Low Thanks to Worldwide Wine Output Hits a 50-Year Low Thanks to "Climate Hazards"
- October 25, 2017

Among the hardest hit countries were Italy (23% drop), France (a 19% drop) and Spain (a 15% drop). The total output of 246.7 million hectolitres was due in large part to steep drops in the top three wine producing countries: Italy, France and Spain. (more...)
Caterpillar, 3M earnings spark surging Dow to record high Caterpillar, 3M earnings spark surging Dow to record high
- October 25, 2017

USA stock indexes rose on Tuesday, led by the Dow, as stronger-than-expected results and forecasts from companies including 3M, Caterpillar and General Motors fueled optimism about strength in the economy. Biogen slipped 4.61 percent after reporting disappointing U.S. sales of a potential blockbuster drug, Spinraza. Centene dipped 4.19 percent after saying that White House moves to cut off Obamacare subsidies would knock 7-12 cents per share off the health insurer's fourth-quarter earnings. (more...)
Texas Instruments quarterly revenue rises 12 pct Texas Instruments quarterly revenue rises 12 pct
- October 25, 2017

Rafferty Asset Management LLC's holdings in Texas Instruments were worth $14,463,000 as of its most recent SEC filing. Want to see what other hedge funds are holding TXN? Smith Howard Wealth Ltd Llc stated it has 0.11% in Texas Instruments Incorporated (NASDAQ: TXN ). (more...)
Interpublic cuts organic growth forecast, shares slide
- October 25, 2017

It has outperformed by 5.85% the S&P500. Finally, BlackRock Fund Advisors increased its stake in Interpublic Group of Companies, Inc. Internationally, the firm posted a 0.7% organic revenue decline. Exane Derivatives holds 0% in Interpublic Group of Companies Inc (NYSE:IPG) or 5,634 shares. Metropolitan Life Insur Communications Ny holds 205,130 shares. (more...)
Advanced Micro Devices, Inc. (NASDAQ:AMD) Expected To Report Earnings On Tuesday Advanced Micro Devices, Inc. (NASDAQ:AMD) Expected To Report Earnings On Tuesday
- October 25, 2017

Australian shares rose to a near six-month high and were set for a ninth straight session of gains on Monday, as financial stocks rallied on record Wall Street closes in the previous session. The stock exchanged hands with 49,615,854 numbers of shares compared to its average daily volume of 57.83M shares. Most company stocks have very little volatility. (more...)
Chipotle shares drop almost 8% after earnings miss Chipotle shares drop almost 8% after earnings miss
- October 25, 2017

This is the consensus earnings per share number according to data from Zack's Research. Chipotle Mexican Grill, Inc. Looking forward, for the quarter ending Dec-17, 28 analysts have a mean sales target of 1,138.12 million. The company has a consensus rating of "Hold" and a consensus price target of $375.66. Shares of Chipotle Mexican Grill ( NYSE:CMG ) traded up 0.018% during midday trading on Monday, hitting $320.509. (more...)
Amazon brings Prime shipping to Amazon Business
- October 24, 2017

The pricing is $499 for up to 10 users, $1,299 for up to 100 users, and $10,099 for over 100 users. Small merchants turn to Amazon Business to avoid complicated, long-term contracts with big suppliers. The Seattle company retailer on Tuesday rolled out Business Prime Shipping, a paid annual program for corporate clients who buy through Amazon Business, the company's two-year-old corporate sales initiative. (more...)
What Do Analysts Suggest For United Continental Holdings, Inc. (UAL) What Do Analysts Suggest For United Continental Holdings, Inc. (UAL)
- October 24, 2017

Canaccord Genuity has "Hold" rating and $9000 target. The firm earned "In-Line" rating on Tuesday, November 22 by Imperial Capital. Standpoint Research initiated it with "Buy" rating and $70.0 target in Monday, August 24 report. Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not. Ratings analysis reveals 100% of Proofpoint's analysts are positive. (more...)
Southern Copper Corporation (SCCO) Scheduled to Post Earnings on Wednesday
- October 24, 2017

Goldman Sachs upped the price target of Southern Copper (NYSE:SCCO) to $40.00 reporting a possible downside of -0.08%. SCCO's profit will be $347.86M for 23.96 P/E if the $0.45 EPS becomes a reality. Hightower invested in 0% or 7,814 shares. Principal Financial Gp holds 81,065 shares or 0% of its portfolio. Mitsubishi Ufj Trust & Bk has 143,278 shares. (more...)
Taco Bell rolls out Kit Kat-stuffed quesadilla Taco Bell rolls out Kit Kat-stuffed quesadilla
- October 24, 2017

No word yet on if the Kit Kat Quesadilla is going to see a wider release, but we will definitely keep you in the know. The Chocoladilla joins a family of Taco Bell food mashups including the Doritos Locos Taco , Cheetos Quesadilla, and the Naked Chicken Chalupa . (more...)
Lockheed Martin Corporation (LMT) Stock Slips on Q3 Earnings Miss Lockheed Martin Corporation (LMT) Stock Slips on Q3 Earnings Miss
- October 24, 2017

Lockheed Martin Corp now has $92.37 billion valuation. The stock declined 2.83% or $9.07 reaching $311.66 on the news. Shares slipped 1.16% to US$317 each. The firm earned "Buy" rating on Monday, December 5 by Deutsche Bank. 8 analysts rate Lockheed Martin Corporation a Buy or Strong Buy, which is 66.67% of all the analyst ratings. (more...)
Delphi buys self-driving technology firm nuTonomy for US$450 million Delphi buys self-driving technology firm nuTonomy for US$450 million
- October 24, 2017

United Kingdom -based Delphi is no stranger to self-driving auto tech, and it has actively been working with Intel on some autonomous vehicle smarts, as well as recently investing in lidar startup Innoviz Technologies. However, it became the first to deploy the first public trial of a self-driving vehicle service. "The combination of the nuTonomy and Ottomatika AD teams, along with Delphi's industry-leading portfolio of perception systems and smart vehicle architecture solutions, ... (more...)
End Of An Era As Sears Stops Selling Whirlpool Products End Of An Era As Sears Stops Selling Whirlpool Products
- October 24, 2017

Sears will also stop offering Maytag, KitchenAid and Jenn-Air products, all of which are part of Whirlpool . Sears said that it would sell off the remainder of its Whirlpool inventory. Sears is struggling to keep its business alive and out of bankruptcy. Its wide variety of brands is one advantage it still has to attract customers. Sears recently struck a deal with Amazon to sell smart Kenmore appliances. (more...)
Aishwarya visits parent's residence with Abhishek after fire breaks out
- October 24, 2017

Interestingly, it is the same building where Bollywood actress Aishwarya Rai Bachchan and cricket legend Sachin Tendulkar used to live. There are also reports that Aishwarya Rai Bachchan and Abhishek Bachchan might soon be seen together in a Bollywood film . (more...)
HBC sells flagship NY location to WeWork for US$850M HBC sells flagship NY location to WeWork for US$850M
- October 24, 2017

Toronto-based HBC, which is under pressure from an activist shareholder to monetize its real estate, said Tuesday Rhone Capital, an investor in WeWork, is making a $632-million equity investment in HBC, which also owns its namesake stores and Saks Fifth Avenue. (more...)
Audio: SFO tower tries to get Air Canada pilot's attention
- October 24, 2017

According to an air traffic radio recording, the controller told the plane six times to perform a "go around", which would require the pilot to abort the landing and keep circling. "Upon landing the crew was informed the tower had attempted unsuccessfully to contact the aircraft, however the message was not received by the crew". (more...)
Barclays PLC's (BARC) Barclays PLC's (BARC) "Buy" Rating Reaffirmed at Societe Generale
- October 24, 2017

Credit Suisse Group reiterated an outperform rating on shares of Direct Line Insurance Group PLC in a research note on Friday, September 8th. It has outperformed by 204.75% the S&P500. The company was maintained on Thursday, July 13 by Canaccord Genuity. The company was maintained on Wednesday, August 5 by Canaccord Genuity. The firm earned "Buy" rating on Thursday, January 12 by Canaccord Genuity. (more...)
Heritage Trust Co Sells 1406 Shares of Caterpillar, Inc. (NYSE:CAT)
- October 24, 2017

Stockholders of record on Friday, January 20th will be issued a dividend of $0.77 per share. Goldman Sachs Group, Inc. Bank of America maintained the shares of CAT in report on Friday, May 26 with "Buy" rating. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & global copyright laws. The company now has an average rating of "Hold" and an average target price of $119.82. (more...)
Infosys Q2 profit rises about 3.3% to Rs3,726 crore Infosys Q2 profit rises about 3.3% to Rs3,726 crore
- October 24, 2017

In comparison with Infosys's reported profits, analysts at Mumbai brokerage HDFC Securities were expecting September quarter profits of Rs 3,551 crore, which would have been a 2 percent increase on the June quarter and a 1.5 decline on the year-earlier quarter. (more...)
Focused Investors LLC Sells A Little More International Business Machines (IBM) Stock Focused Investors LLC Sells A Little More International Business Machines (IBM) Stock
- October 24, 2017

International Business Machines shares had a trading volume of 9,879K by the end of trading on Friday. International Business Machines Corporation (NYSE: IBM ) last issued its quarterly earnings results on Tuesday, October 17th. Wedbush reiterated a "neutral" rating and set a $155.00 price objective on shares of International Business Machines Corp.in a research note on Wednesday, August 9th. (more...)
Bank Of America Corporation (NYSE:BAC) Valuation According To Analysts
- October 24, 2017

It has outperformed by 41.94% the S&P500. Analysts expect Aratana Therapeutics Inc (NASDAQ:PETX) to report $-0.26 EPS on November, 2.They anticipate $0.12 EPS change or 31.58% from last quarter's $-0.38 EPS. owns 155,072 shares or 1.57% of their U.S. portfolio. Boothbay Fund Management Ltd accumulated 21,527 shares. Following the sale, the director now owns 50,000 shares of the company's stock, valued at approximately $1,208,000. (more...)
Fiat Chrysler Posts $1.1 Billion Q3 Net Income Fiat Chrysler Posts $1.1 Billion Q3 Net Income
- October 24, 2017

Sell-side firms are projecting that the stock will reach 20.27 within the next year. Greenleaf Trust lifted its stake in Fiat Chrysler Automobiles N.V.by 3.2% in the 2nd quarter. 08/23/2017 - Fiat Chrysler Automobiles N.V. had its "buy" rating reiterated by analysts at Jefferies. 4 analysts rate Fiat Chrysler Automobiles N.V. (more...)
Speed through the checkout with Pay with Google
- October 24, 2017

The feature, which is now available for mobile apps and Chrome, may help users facilitate payments on mobile devices, using any card they have on file - including those saved to their Google Account via products like Google Play, YouTube, Chrome, or Android Pay , backed by the Google payment API technology that was announced earlier this year at Google's I/O developer conference. (more...)
Microsoft drops lawsuit after Washington cuts data requests Microsoft drops lawsuit after Washington cuts data requests
- October 24, 2017

Smith said the USA government frequently used gag orders with no fixed end date, "effectively prohibiting us forever" from telling customers their data had been seen. It could also include cases where disclosure would thwart the government's investigation, or lead to the destruction of evidence. But Smith said this will no longer be true because the binding policy issued on 24 October 2017 by the deputy United States attorney general should diminish the number of orders that have a secrecy ... (more...)
Is There a Catalyst Out There For Intuitive Surgical, Inc. (NASDAQ:ISRG) Is There a Catalyst Out There For Intuitive Surgical, Inc. (NASDAQ:ISRG)
- October 24, 2017

Wells Fargo & Mn has invested 0.07% in Intuitive Surgical, Inc . It has outperformed by 22.82% the S&P500. Joel Isaacson And Co Limited Company reported 300 shares. The New York-based Millennium Mgmt Ltd has invested 0.31% in Intuitive Surgical, Inc . Several brokerages recently issued reports on ISRG . (NASDAQ: ISRG ). (more...)