Business


Teva Pharmaceutical (TEVA) Stock Sinks on Lowered Outlook Teva Pharmaceutical (TEVA) Stock Sinks on Lowered Outlook
- November 02, 2017

JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Teva Pharmaceutical Industries in a report on Saturday, June 25th. Jefferies Group reduced their price objective on shares of Teva Pharmaceutical Industries from $72.00 to $69.00 and set a buy rating for the company in a research report on Thursday, July 14th. (more...)
The Time Warner Inc. (TWX) Rating Reiterated by Albert Fried & Company
- November 02, 2017

The media conglomerate reported $1.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.59 by $0.23. However it has a net margin of 17.20%. Benjamin F. Edwards & Company Inc. now owns 6,978 shares of the media conglomerate's stock valued at $513,000 after buying an additional 22 shares during the last quarter. (more...)
HSBC accused of 'possible criminal complicity' in South Africa
- November 02, 2017

The information detailed money transfers made by the Guptas over the past few years from their South African bank accounts held with HSBC to accounts held by the same bank in Dubai and Hong Kong, he said in the letter. Peter Hain - a veteran anti-apartheid campaigner and former government minister - told the UK's parliament that he had obtained banking records showing how the powerful Indian Gupta family had used accounts in the UAE to launder money earmarked for state-funded projects. (more...)
Andra Ap-fonden Increases Its Ownership in Verizon Communications Inc. (VZ) Andra Ap-fonden Increases Its Ownership in Verizon Communications Inc. (VZ)
- November 02, 2017

The stock remained 7.03% volatile for the week and 6.84% for the month. This represents a $0.05 annualized dividend and a dividend yield of 0.10%. However it has a net margin of 12.80%. BidaskClub upgraded shares of Verizon Communications from a "strong sell" rating to a "sell" rating in a report on Monday, July 31st. The rating was maintained by Cowen & Co on Tuesday, July 18 with "Hold". (more...)
Bombardier scales back CSeries jet deliveries, improves earnings
- November 02, 2017

According to Bombardier, which did not name the client in question, the price of the firm order on 31 CSeries aircraft is 2.4 billion US$, which would double if the letter of intent on the 30 additional aircraft was implemented. While the partnership with Airbus announced October 16 will strengthen the program, Bellemare conceded that the order was already in the works. That compared with a loss of US$94 million or four cents per share a year ago. (more...)
Oil major Shell posts 50 percent rise in net profit, beating expectations
- November 02, 2017

This trend has crafted a unified opinion across the trading floor and it is clear that the overall guidance for the stock is now established as shows upbeat performance surged. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. (more...)
Morgan Stanley Reiterates Morgan Stanley Reiterates "Overweight" Rating for Sse Plc (SSE)
- November 02, 2017

Apple Inc. (NASDAQ:AAPL) has risen 62.48% since November 2, 2016 and is uptrending. It has outperformed by 66.60% the S&P500. About 133,677 shares traded. Morgan Stanley maintained Spire Inc (NYSE:SR) rating on Thursday, August 10. Barclays PLC reiterated an "equal weight" rating and set a GBX 3,925 ($51.79) price objective on shares of Whitbread plc in a report on Thursday, August 3rd. (more...)
The Hanson McClain Inc. sells partial stakes of Cisco Systems Inc. (CSCO)
- November 02, 2017

Mind C T I Limited (NASDAQ:MNDO) had a decrease of 86.47% in short interest. Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 2.29 in total earnings per share. The shares were sold at an average price of $32.06, for a total value of $3,891,763.40. Investors sentiment increased to 1.18 in Q2 2017. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. (more...)
Investor Watch: Indicators in View for Alibaba Group Holding Ltd (BABA) Investor Watch: Indicators in View for Alibaba Group Holding Ltd (BABA)
- November 02, 2017

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. Among 9 analysts covering Popeyes Louisiana Kitchen ( NASDAQ:PLKI ), 1 have Buy rating, 1 Sell and 7 Hold. Alibaba Group Holding Limited ( BABA ) traded up 1.0372% during trading on Wednesday, hitting $186.8076. (more...)
Chesapeake Energy profit beats on higher oil prices, lower costs
- November 02, 2017

After a recent check, it is observed that the insiders for the firm now own 1.00% shares. On average, analysts expect Chesapeake Energy Corporation to post $0.72 EPS for the current fiscal year and $0.75 EPS for the next fiscal year. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. The company had revenue of $2.28 billion for the quarter, compared to analysts' expectations of $1.07 billion. (more...)
Hudson's Bay says it has received unsolicited offer for German chain Hudson's Bay says it has received unsolicited offer for German chain
- November 02, 2017

The announcement follows HBC's agreement last week to sell its Lord & Taylor building on New York's Fifth Avenue to WeWork Companies Inc for $850 million, a 30 percent premium to its last appraised value. "The Company confirms that it received today an incomplete, non-binding and unsolicited offer with no evidence of financing from SIGNA Holding GmbH", according to the release. (more...)
Facebook Q3 revenue up 47% to $10.33 billion Facebook Q3 revenue up 47% to $10.33 billion
- November 02, 2017

In its earnings release shared with investors, Facebook said the changes were due to "a new methodology for duplicate accounts that included improvements to the data signals we rely on". The guidance however is weak for EPS, revenue going forward. However, by the third quarter of 2017, its headcount has grown to 23,165 people, possibly driven by the need to police its social network for fake news and political interference. (more...)
Bitcoin skyrockets above $7000 for first time ever Bitcoin skyrockets above $7000 for first time ever
- November 02, 2017

The cryptocurrency had a staggering $3.5B trade volume in the past 24-hours and got new impetus this week after CME said it planned to introduce bitcoin futures, citing increased demand from clients. More than two-thirds of Americans, for instance, have heard of bitcoin, and almost a third have heard of Ethereum, according to LendEDU surveys conducted in September and October. (more...)
Affordable Care Act health insurance enrollment period begins Affordable Care Act health insurance enrollment period begins
- November 02, 2017

Among the things Moriello has found he needs to clear up with customers: That the Obama-era law still exists. Like almost three million Americans, she has one marketplace insurer to choose from, and their average premium is going up 21 percent this year. (more...)
The Brokerages gives Consensus Recommendation of "Buy" to Pitney Bowes Inc. (PBI)
- November 02, 2017

About 9.20 million shares traded or 497.40% up from the average. Pitney Bowes (NYSE: PBI ) traded up 0.6904% during trading on Friday, reaching $15.1539. Loop Capital started coverage on Pitney Bowes in a report on Friday, July 28th. "(NYSE: PBI )" was originally published by StockNewsTimes and is the property of of StockNewsTimes. (more...)
Technical Views: Tracking Shares of Ishares MSCI Multifactor EM ETF (EMGF)
- November 02, 2017

The Book to Market value of iShares, Inc. - iShares MSCI Hong Kong ETF now stands at 0.85371. In general, if the reading goes above -20, the stock may be considered to be overbought. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. (more...)
PayPal Holdings, Inc. (NASDAQ:PYPL) reported Sales of 12.33 Billion
- November 02, 2017

Institutional investors and hedge funds own 78.77% of the company's stock. As of the end of the quarter Shell Asset Management CO had bought a total of 17,516 shares growing its holdings by 21.8%. Analysts believe that the company has the potential to earn average revenue of $3.62 Billion for the current quarter. Some buy side analysts are also providing their Analysis on PayPal Holdings, Inc ., where 15 analysts have rated the stock as Strong buy, 18 analysts have given a Buy signal, 12 ... (more...)
Checking the Indicators on Cone Midstream Partners LP (CNNX) — Share Focus
- November 02, 2017

The stock increased 0.74% or $0.1 during the last trading session, reaching $13.7. Most recently the shares moved -0.09% landing at a price of $153.71. The ratio is simply calculated by dividing current liabilities by current assets. Ls Advsr Limited holds 4,376 shares. The volume of 0.06 Million shares climbed down over an trading activity of 122.68 Million shares. (more...)
Uber bans right-wing asswipe who complained about Muslim drivers Uber bans right-wing asswipe who complained about Muslim drivers
- November 02, 2017

She wasn't done tweeting yet. In her grand tradition of posting shit tweets, she proceeded to post a lot of shit tweets in the wake of the attack in NY which left eight people dead. Lyft confirmed Loomer's account has been deactivated, while an Uber spokesperson said, "I can confirm she was banned for violating our Community Guidelines". (more...)
The Grand Tour season 2 trailer released, goes live December 8 The Grand Tour season 2 trailer released, goes live December 8
- November 02, 2017

Here in Australia, Channel 7 has recently started airing The Grand Tour , but that's the first season which has been available on Amazon Prime Video since previous year. You can also check out all the new content coming to Amazon Prime Video this month in our handy guide to all Australian streaming services in November here . (more...)
Oil boosted to $61 by OPEC cuts and USA stock reductions Oil boosted to $61 by OPEC cuts and USA stock reductions
- November 02, 2017

Meanwhile, in the USA, data from the American Petroleum Institute (API) also gave oil prices a boost after showing a larger than expected decline in crude oil and gasoline inventories last week. However, with the announcement of the extension not likely to come about until the OPEC meeting on November 30 in Vienna, Austria, this leaves plenty of time to create volatility and a two-sided market. (more...)
No, Khichdi Is Not Being Made The National Dish of India No, Khichdi Is Not Being Made The National Dish of India
- November 02, 2017

Badal gave a glimpse of the magnitude of the event to media in an interactive session. Around 160 Global CEOs will come under one roof. This event is expected to generate Rs. The minister later clarified there was no "national food" proposal. Food is what everyone loves in India, and if you ask anyone in India, they'd definitely add the word "foodie" to describe them. (more...)
Year Capital Spending Growth of GoPro, Inc. (NASDAQ:GPRO) is reported
- November 02, 2017

The stock has a consensus rating of Hold and an average target price of $9.70. GoPro , Inc. (NASDAQ:GPRO) has a 20-Day average volume of 6.99 Million. Following the completion of the sale, the chief operating officer now owns 148,493 shares in the company, valued at $1,633,423. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. (more...)
NAB rebounds with $5.3b profit, announces 6000 job losses
- November 02, 2017

Mr Thorburn said the bank will ultimately halve the number of products it sells and retire between 15 and 20 per cent of its IT applications. "As transactions move to digital channels - and this is driven by our customers - we will need fewer people", he said. (more...)
Book World closing chain, including Mason City store Book World closing chain, including Mason City store
- November 02, 2017

The Radio Results Network reports that all stores should be closed by January 15, 2018. And according to a company statement, all stores will remain open until the inventory is sold out. Just as online booksellers are taking market share from brick-and-mortar stores, e-tailers are hurting department store chains that once brought traffic to shopping malls occupied by many Book World stores. (more...)