Business


Narayana Murthy wants Infosys to make Panaya report public Narayana Murthy wants Infosys to make Panaya report public
- August 04, 2017

Narayana Murthy. Murthy and CEO Vishal Sikka have clashed in the media on several occasions in the past year over pay and severance package of the company. The two firms were mandated to look into allegations of improprieties in connection with Infosys' acquisitions of Panaya and Skava Systems in 2015 and that the mergers and acquisitions team acted without securing proper approvals. (more...)
Packer's Crown says high-roller turnover sinks on China case Packer's Crown says high-roller turnover sinks on China case
- August 04, 2017

Crown Resorts, controlled by billionaire James Packer, said group-wide revenue for the 12 months ended June 30 declined by 7.5 percent year-on-year, to AUD3.34 billion, due to a decrease in gaming revenue, particularly in the VIP segment. Sixteen received jail sentences and were fined, though some have since been released . It also stopped marketing its Australian casinos to mainland Chinese high-rollers, effectively walking away from its most lucrative customers at a time when Chinese VIPs ... (more...)
Analyst Buzz: Sirius XM Holdings Inc. (SIRI)
- August 04, 2017

Sirius XM Holdings's payout ratio is 25.00%. The institutional investor owned 100,000 shares of the company's stock at the end of the second quarter. FCF is an important factor as it enables a company to pursue opportunities that boost shareholder value. (more...)
Glu Mobile Inc. (GLUU) Earns Buy Rating from Stifel Nicolaus
- August 04, 2017

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.4 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. Glu Mobile, Inc . (GLUU)'s average Piotroski F-Score: 2 during the last 7 years. ILLEGAL ACTIVITY NOTICE: " Glu Mobile Inc". (NASDAQ:GLUU) has "Hold" rating given on Friday, November 6 by Canaccord Genuity. (more...)
NGL Energy Partners LP (NGL) Just Reaches Yearly Low? NGL Energy Partners LP (NGL) Just Reaches Yearly Low?
- August 04, 2017

It improved, as 4 investors sold Blueknight Energy Partners L.P. shares while 7 reduced holdings. Per usual, there will most likely be big winners and losers depending on the strength of the individual reports. Therefore 39% are positive. Valero Energy Partners has a 12 month low of $38.90 and a 12 month high of $51.00. The rating was maintained by RBC Capital Markets on Sunday, July 30 with "Hold". (more...)
Analysts See $-0.21 EPS for Intrexon (XON); Healthsouth (HLS) Sentiment Is 2.02
- August 04, 2017

Investors sentiment decreased to 1.03 in 2016 Q4. It has underperformed by 27.30% the S&P500.The move comes after 9 months negative chart setup for the $2.62 billion company. It also reduced Wayfair Inc (NYSE:W) stake by 12,018 shares and now owns 218,182 shares. Pacer Advisors Inc. increased its position in shares of Intrexon Corporation by 21.6% in the first quarter. (more...)
Quebec unemployment falls to 41-year low, StatsCan announces
- August 04, 2017

Advertisment The numbers from Statistics Canada dealing with jobs in this country may not have been spectacular, but the improvement, such as it was, contained historical significance. That's the strongest 12-month figure in a decade. Manufacturing employment increased by 13,700 on the month to give a 3.1% annual increase while construction jobs declined on the month. (more...)
Canada's trade deficit nearly triples to $3.6B in June Canada's trade deficit nearly triples to $3.6B in June
- August 04, 2017

The Trump administration has made shrinking overall USA trade deficits a central goal of its economic agenda, including negotiating with countries individually to reduce bilateral deficits, an effort economists dismiss as pointless and potentially harmful. (more...)
Review of Price Trends:: Nabors Industries Ltd. (NBR) Review of Price Trends:: Nabors Industries Ltd. (NBR)
- August 04, 2017

Nabors Industries Ltd . ( NBR ) is a part of Basic Materials sector and belongs to Oil & Gas Drilling & Exploration industry. The stock stands almost -58.21% off versus the 52-week high and 10.97% away from the 52-week low. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares. (more...)
New Threat Promises Emails to Be Released Sunday — HBO Hack
- August 04, 2017

It also said that the perpetrators accessed "masses of copyrighted items including documents, images, videos and sound". The perpetrators claim to have obtained 1.5 terabytes of data from HBO's computer networks, while The Washington Post reports that US officials believe much less data has been obtained than the infamous Sony hacking scandal. (more...)
Bill Ackman builds 8% stake in ADP Bill Ackman builds 8% stake in ADP
- August 04, 2017

In its statement, ADP compared it six-year stock performance under CEO Rodriguez to Pershing Square's hedge fund returns from 2012 to 2016. However, ADP added that it doesn't want to push back the deadline. A spokesman for Pershing Square declined to comment on ADP's announcement. It also wants Carlos Rodriguez, who has been ADP's CEO for almost six years, out. (more...)
July jobs report beats expectations, unemployment rate hits 16-year low July jobs report beats expectations, unemployment rate hits 16-year low
- August 04, 2017

The unemployment rate dropped surprisingly to 6.3%, but this comes on top of a drop in the participation rate to 65.7%. In the past three months, the labor market has averaged growth of 195,000 jobs a month. However, Nomura's Lewis Alexander says wages are likely to stay low in this economic expansion relative to others partly because people aren't switching jobs as frequently as before. (more...)
'Brexit uncertainty' hits new vehicle market as sales fall 'Brexit uncertainty' hits new vehicle market as sales fall
- August 04, 2017

Registrations for alternatively fuelled vehicles, however, soared 64.9 percent, the SMMT said. The year-to-date overall performance remains at a high level thanks to a strong first quarter - with more than 1.5 million new cars registered on United Kingdom roads since January. (more...)
EW Scripps Company (The)'s (NYSE:SSP) EW Scripps Company (The)'s (NYSE:SSP) "Buy" Rating Reaffirmed at Noble Financial
- August 04, 2017

Noble Financial reaffirmed a "buy" rating on shares of E.W. Scripps Company (The) in a report on Wednesday. Benchmark maintained the stock with "Buy" rating in Monday, March 27 report. Scripps Company (The) by 4.9% in the second quarter. Sold All: 21 Reduced: 44 Increased: 47 New Position: 23. The biggest holder now is Edward W. Scripps who owns 673,254 shares (0.82% of those outstanding), whilst Charles E. (more...)
Brooks Automation (NASDAQ:BRKS) Earns Coverage Optimism Rating of
- August 04, 2017

Brooks Automation, Inc. has a 52-week low of $12.05 and a 52-week high of $30.23. It has outperformed by 165.26% the S&P500. Private Advisor Group Llc decreased Sirius Xm Hldgs Inc (NASDAQ:SIRI) stake by 96,040 shares to 100,202 valued at $460,000 in 2016Q4. (more...)
Exxon Mobil Corporation (XOM) Cut to Underperform at Wolfe Research
- August 04, 2017

It has underperformed by 25.78% the S&P500. A price target is the projected price level of a financial security stated by an investment analyst. $51.17's average target is 1.87% above currents $50.23 stock price. (NASDAQ:AMZN) has risen 37.41% since August 4, 2016 and is uptrending. It has outperformed by 3.41% the S&P500. Investors sentiment decreased to 0.83 in 2016 Q4. (more...)
Senate confirms new FCC commissioners after seven months shorthanded Senate confirms new FCC commissioners after seven months shorthanded
- August 04, 2017

In June, President Donald Trump nominated FCC staffer Brendan Carr as the next Republican commissioner for the regulator. The last Congress refused to reconfirm her because then FCC Chairman Tom Wheeler wouldn't assure them he'd step down after Trump took office. (more...)
Spirit Realty Capital Inc
- August 04, 2017

Spirit Realty Capital Inc. now has $3.84B valuation. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.11 earnings per share . This represents a $0.72 dividend on an annualized basis and a yield of 9.08%. The ex-dividend date of this dividend was Wednesday, June 28th. Spirit Realty Capital's dividend payout ratio is presently 378.97%. (more...)
Chemical Financial Corp (NASDAQ:CHFC) Institutional Investors 2016 Q4 Sentiment
- August 04, 2017

Rowland & Company Investment Counsel decreased its stake in Altria Group Inc (MO) by 66.88% based on its latest 2016Q4 regulatory filing with the SEC. It has outperformed by 5.06% the S&P500. On average, equities analysts anticipate that Chemical Financial Corporation will post $3.00 earnings per share for the current year. (more...)
Hersha Hospitality Trust (HT) Upgraded by BidaskClub to "Hold"
- August 04, 2017

Northwestern Mutual Wealth Management Co. increased its stake in Hospitality Properties Trust by 3,130.0% in the first quarter. Vanguard Group Inc. now owns 7,032,015 shares of the real estate investment trust's stock worth $132,132,000 after buying an additional 561,377 shares during the last quarter. (more...)
Google offered $30 billion to acquire Snap Inc in 2016 Google offered $30 billion to acquire Snap Inc in 2016
- August 04, 2017

The stock has a 50 day moving average price of $16.13 and a 200 day moving average price of $19.59. With how the shares have been slipping in the last few months, that $30 billion offer is approximately twice what it's at now with a market cap around $14 billion - a far cry from its IPO valuation of around $24 billion. (more...)
RBS plans move to Amsterdam for post-Brexit EU hub RBS plans move to Amsterdam for post-Brexit EU hub
- August 04, 2017

Finally, Macquarie upgraded shares of Royal Bank Scotland PLC (The) from a neutral rating to an outperform rating in a report on Friday, April 21st. Royal Bank of Scotland Group plc was upgraded to " by analysts at Keefe, Bruyette & Woods. (more...)
Trend Indicator Update on Kelso Technologies Inc (KIQ) Trend Indicator Update on Kelso Technologies Inc (KIQ)
- August 04, 2017

On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Arthur M. Cohen & Associates LLC now owns 7,594 shares of the company's stock valued at $703,000 after buying an additional 64 shares during the last quarter. (more...)
Oppenheimer Asset Management Inc. Invests $120000 in Scientific Games Corp (NASDAQ:SGMS)
- August 04, 2017

State of Alaska Department of Revenue boosted its position in Scientific Games Corp by 2.7% in the first quarter. Vanguard Group Inc. now owns 5,916,233 shares of the technology company's stock worth $139,918,000 after buying an additional 1,278,837 shares in the last quarter. (more...)
Arrive at least three hours early for flights, warns Aer Lingus Arrive at least three hours early for flights, warns Aer Lingus
- August 04, 2017

Instead, Dublin Airport Authority (DAA) is advising passengers to be at the airport at least 90 minutes before take-off. The Irish Travel Agents Association says passport control at Dublin Airport is clearly understaffed. . Passengers at airports in Spain, Portugal, France, Italy and Belgium are being forced to stand in immigration lines for "up to four hours", according to lobby group Airlines for Europe (A4E). (more...)