Business


New diesel sales down nearly a third in November - SMMT New diesel sales down nearly a third in November - SMMT
- December 05, 2017

While alternative-fuel vehicles continued to grow significantly, registrations of new diesel cars showed a consistent decline as a effect of recent media coverage and government's announcements'. Mike Hawes, chief executive of the SMMT, pointed to falling business and consumer confidence as drivers of the fall, and hit out against Philip Hammond's crackdown on diesel cars in last month's Autumn Budget . (more...)
Rio Tinto cuts capital spending forecast for 2017 Rio Tinto cuts capital spending forecast for 2017
- December 05, 2017

British-born Thompson, now the chairman of the company's remuneration committee, joined Rio Tinto's board as a non-executive director in 2014. The U.K. "I am handing over the baton at a time when the business is in great shape and Rio Tinto has the strongest balance sheet in the sector". The mining group said the options under consideration include the Koodaideri project in the Pilbara, brownfield Aluminium options in Canada, the Resolution copper project in the U.S. (more...)
China's services sector grows at stronger pace in Nov - Caixin PMI China's services sector grows at stronger pace in Nov - Caixin PMI
- December 05, 2017

The Nikkei India services Purchasing Managers' Index, or PMI, dipped into negative territory in November, in the first contraction in three months, as the country continued to reel from the effects of the new goods and service tax , or GST. (more...)
Were Analysts Bearish Rite Aid Corporation (NYSE:RAD) This Week?
- December 05, 2017

It has underperformed by 71.88% the S&P500. Mason Capital Management Llc decreased Rite Aid Corp ( RAD ) stake by 31.89% reported in 2017Q2 SEC filing. Insider ownership increased by a total of 1.42 million shares, which suggests that RAD's key executives are feeling more optimistic about the outlook for the stock. (more...)
Research Report For Wal-Mart Stores Inc. (WMT)
- December 05, 2017

The stock has been active on the tape, now trading at $97.35, up from yesterday's close by 0.12%. About 56,200 shares traded. Wal-Mart Stores, Inc. (NYSE: WMT ) has risen 13.83% since December 4, 2016 and is uptrending. Investors sentiment increased to 1.02 in Q2 2017. Its up 0.13, from 0.89 in 2017Q1. 129 funds opened positions while 457 raised stakes. LSV Asset Management owned about 0.15% of Wal-Mart Stores worth $352,916,000 at the end of the most recent reporting period. (more...)
Starbucks Roastery in Shanghai hits new high in glossy retail theater Starbucks Roastery in Shanghai hits new high in glossy retail theater
- December 05, 2017

According to a press release, the Shanghai Reserve Roastery will feature "the first Starbucks augmented reality experience". Starbucks has a long, long tradition of using tech to bring you into its coffee shops , and that will be truer than ever with the latest supersized Reserve Roastery location in Shanghai. (more...)
UBS Downgrades Marathon Petroleum (NYSE:MPC) to Neutral
- December 05, 2017

The stock increased 1.26% or $0.79 during the last trading session, reaching $63.63. About 1.36M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since December 4, 2016 and is uptrending. If the ratio is greater than 1, then that means there has been an increase in price over the month. Its down 0.03, from 1.07 in 2017Q1. Principal Gru reported 17,081 shares. (more...)
What's Twenty-First Century Fox, Inc. (FOX) Upside After Touching 52-Week High?
- December 05, 2017

The stock increased 0.87% or $0.11 during the last trading session, reaching $12.69. About 593,442 shares traded. That's a potential -4.14 decrease relative to where The Progressive Corporation (NYSE:PGR) has been trading recently. BMO Capital Markets reiterated a "buy" rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Wednesday, November 22nd. (more...)
RBA ends the year with a 'hold' on the cash rate RBA ends the year with a 'hold' on the cash rate
- December 05, 2017

Mortgage Choice chief executive officer John Flavell said he was not surprised to see the Reserve Bank ring out the end of the calendar year with another month of rate stability. "I believe a cash rate rise is inevitable, it is now just a question of when it will happen", he said. In addition, inflation is now sitting at 1.8 per cent - slightly below the Reserve Bank's target band range of 2 [to] 3 per cent. (more...)
Apple ready to start paying €13bn bill Apple ready to start paying €13bn bill
- December 05, 2017

Over a year ago, as Ars reported , the EU's competition chief Margrethe Vestager said that a two-year investigation into so-called sweetheart tax deals in 1991 and 2007 had found Apple guilty of receiving illegal state aid from the Emerald Isle. (more...)
General Motors (GM) is Oakview Capital Management LP's 4th Largest Position
- December 05, 2017

Ford Motor Company now has an average rating of "Hold" and a consensus price target of $13.69. General Motors Co now has $61.36B valuation. The stock increased 1.24% or $0.53 during the last trading session, reaching $43.32. Private Advisor Limited Liability Corp reported 0.06% stake. Moreover, Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corporation has 0.01% invested in Greif, Inc. (more...)
Traders Buy Microsoft (MSFT) on Weakness
- December 05, 2017

PB Bancorp, Inc. (NASDAQ:PBBI) has 0.00% since December 4, 2016 and is. It has outperformed by 17.82% the S&P500. Klingenstein Fields & Co Llc increased J P Morgan Chase & Co (JPM) stake by 11.43% reported in 2017Q2 SEC filing. 238,444 were reported by Stratos Wealth. West Oak Capital Limited Liability Corp holds 10,693 shares. (NYSE:VZ). Essex Investment has invested 0.26% in Verizon Communications Inc. (more...)
FedEx Corporation (NYSE:FDX) has analysts on the Bullish side this week
- December 05, 2017

It has outperformed by 2.32% the S&P500. Tokio Marine Asset Mgmt invested in 2,802 shares or 0.09% of the stock. The Bank Of Montreal holds 516,922 shares with $42.75M value, up from 700 last quarter. Vanguard Gp reported 36.15M shares. The Arrowgrass Capital Partners Lp holds 34 shares with $739,000 value, down from 63 last quarter. About FedEx FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, ... (more...)
SEC Emergency Action Halts ICO Scam SEC Emergency Action Halts ICO Scam
- December 05, 2017

These charges are the first such to be issued by the SEC's recently launched Cyber Unit , which was created in September to address cybersecurity threats from foreign and domestic malicious actors, misconduct with token offerings, and the spread of false information. (more...)
Drunk Man DIY's a Sandwich While Waffle House Staff Snoozes Drunk Man DIY's a Sandwich While Waffle House Staff Snoozes
- December 05, 2017

Bowen crossed that holy cash-register barrier to the flavor side, cranked up the griddle, and got to work on making a double Texas Bacon Cheesesteak Melt (with extra pickles, because when you're the general of your own galley, you add as many pickles as you please). (more...)
Accredited Investors Inc. Cuts Stake in Exxon Mobil Corporation (XOM) Accredited Investors Inc. Cuts Stake in Exxon Mobil Corporation (XOM)
- December 05, 2017

The institutional investor owned 9,068 shares of the oil and gas company's stock after selling 1,270 shares during the period. Exxon Mobil Corporation (NYSE: XOM ) shares were trading higher by 0.2 percent ($0.17) at $83.46 a piece in Sunday's session. (more...)
Norinchukin Bank The Boosts Holdings in Comcast Corporation (NASDAQ:CMCSA)
- December 05, 2017

The stock increased 3.60% or $0.41 during the last trading session, reaching $11.8. About 410,326 shares traded. SLM Corporation (NASDAQ:SLM) has risen 78.01% since December 4, 2016 and is uptrending. Institutional investors and hedge funds own 82.51% of the company's stock. RBC Capital Markets maintained Comcast Corporation (NASDAQ: CMCSA ) on Friday, September 8 with "Buy" rating. (more...)
The Value of The Walt Disney Company (NYSE:DIS) Underpriced by 3.8%? The Value of The Walt Disney Company (NYSE:DIS) Underpriced by 3.8%?
- December 05, 2017

Weekly performance analysis shows the equity at 2.54%.Covering Sell-Side analysts have offered recommendations and price target estimates on The Walt Disney Company (NYSE: DIS ). 64,413 are held by Roundview Cap Lc. Taking a look at a public company's Earnings per Share (EPS) is a good way of evaluating its profitability. Haverford Trust Communications owns 2.09% invested in The Walt Disney Company (NYSE: DIS ) for 903,232 shares. (more...)
Driving test examiners go on strike as new driving test is launched Driving test examiners go on strike as new driving test is launched
- December 05, 2017

Drivers taking the test will now be asked to follow directions to a predetermined destination, enabling examiners to assess a driver's ability to follow instruction while also adhering to road signs. PCS general secretary, Mark Serwotka, said: union members consider the changes "unacceptable". The DVSA Chief Driving Examiner, Lesley Young said: "DVSA is committed to helping drivers through a lifetime of safe driving". (more...)
What Do The Technicals Boil Down To For S&P Homebuilders SPDR (XHB)?
- December 05, 2017

Most signs seem to be pointing in the right direction as investors keep concentrating on superior returns from the stock market. With the enormous amount of uncertainty that follows the global investing world on a daily basis, it may be helpful for investors to be able to keep their emotions in check. (more...)
Federal Realty Investment Trust (NYSE:FRT) P/CF Ratio & Quant in Focus
- December 05, 2017

After a recent check, the 14-day RSIfor Vornado Realty Trust (VNO) is now at 60.57, the 7-day stands at 62.74, and the 3-day is sitting at 52.97. On a consensus basis, analysts have a Buy/Sell rating of 2.30, which is based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. (more...)
A Fresh Look At Valeant Pharmaceuticals International, Inc. (NYSE:VRX)
- December 05, 2017

During the last month, the stock has changed -0.45% and performed -7.55% over the last 6 months. About 2.65M shares traded or 358.56% up from the average . State Of Wisconsin Board has invested 0.01% in Valeant Pharmaceuticals International, Inc . Analysts are turning out to be more pessimistic than before, with 4 of analysts who cover Valeant Pharmaceuticals International, Inc . (more...)
Fiera Capital Corp Decreases Position in Bank of America Corp (NYSE:BAC) Fiera Capital Corp Decreases Position in Bank of America Corp (NYSE:BAC)
- December 05, 2017

It has outperformed by 41.94% the S&P500. (NYSE:IPOA) reached all time low today, Dec, 4 and still has $9.02 target or 9.00% below today's $9.91 share price. The rating was maintained by Deutsche Bank with "Buy" on Wednesday, August 12. The rating was downgraded by Keefe Bruyette & Woods on Monday, May 16 to "Market Perform". (more...)
Analyzing the Financial Health of Time Warner Inc. (NYSE:TWX)
- December 05, 2017

Old Republic International Corp acquired 32,500 shares as Phillips 66 (PSX)'s stock declined 0.52%. During the same quarter previous year, the company posted $1.83 earnings per share. Farmers Tru Com, Ohio-based fund reported 6,353 shares. Looking back further, Time Warner Inc . stock has been -8.43% over the last six months, and -5.42% since the start of the calendar year. (more...)
PT Telekomunikasi Indonesia (TLK) Shareholder Matthews International Capital Management Has Decreased Holding
- December 05, 2017

About 17.37M shares traded or 78.60% up from the average. The Coca-Cola Company (NYSE:KO) closed its last session at $45.97. It has underperformed by 17.65% the S&P500. KO's profit will be $1.62B for 30.44 P/E if the $0.38 EPS becomes a reality. The company reported $0.50 EPS for the quarter, topping the Zacks' consensus estimate of $0.49 by $0.01. (more...)