Business


The Crypto Company: SEC Suspends Trading in CRCW Stock
- December 20, 2017

ET on January 3, the agency said. The digital currency itself has soared 2,000 percent in the last 12 months. SEC Chairman Jay Clayton warned in a lengthy statement earlier this month about the dangers for investing in cryptocurrencies and initial coin offerings. (more...)
BHP to exit global coal body over climate change BHP to exit global coal body over climate change
- December 20, 2017

The miner said it would remain in the MCA as the firm was still benefiting from its membership, but threatened to quit the Australian group if it did not refrain from lobbying in favor of coal power. BHP said it would also consider its future membership of the US Chamber of Commerce and make a final decision by the end of March 2018, due largely to the Trump government's isolationist rejection of the Paris Agreement. (more...)
Authorities: at least 12 dead in bus crash in eastern Mexico Authorities: at least 12 dead in bus crash in eastern Mexico
- December 20, 2017

The ship docked Tuesday at Costa Maya and was scheduled to leave later in the day, the cruise line said. The images show the bus on its side along the shoulder of the road and yellow crime- scene tape surrounding the area as first responders investigate. (more...)
UPS orders 125 Tesla semi trucks UPS orders 125 Tesla semi trucks
- December 20, 2017

Arguably Tesla could've expected the order, since it and UPS have been working together as the Semi was developed. PepsiCo just reserved 100 units , while beer company Anheuser-Busch put its name down for 40. UPS has said it aims to make one in every four new vehicles bought each year to be "an alternative fuel or advanced technology vehicle" by 2020. It's unclear whether drag racing is something most haulage companies are actually concerned about, but UPS is certainly swayed by the ... (more...)
Cryptocurrency exchange Youbit declares bankruptcy following massive cyber-attack Cryptocurrency exchange Youbit declares bankruptcy following massive cyber-attack
- December 20, 2017

North Korean hackers are believed to be behind a heist that lost an exchange called YouBit almost 4,000 Bitcoins in April, according to South Korean reports . A few days ago, researchers at security firm Secureworks revealed that Lazarus Group sent spearphishing e-mails to executives at several cryptocurrency firms about a vacant CFO position at a leading London-based cryptocurrency firm. (more...)
This Is What Caused the Massive Power Outage at the Atlanta Airport This Is What Caused the Massive Power Outage at the Atlanta Airport
- December 20, 2017

Atlanta airport itself led cancellations both delays for the USA, with 510 arriving flights cancelled and 443 delayed, and 716 departing flights cancelled and 554 delayed. The airline urged passengers scheduled to fly on Monday to check their flights, as approximately 300 flights were canceled due to Sunday's outage. MARTA reports it is not affected by the outage and trains are running on normal schedules. (more...)
Colgate-Palmolive (NYSE:CL) Shares Bought by Covington Capital Management
- December 19, 2017

The total number of shares traded in the last 12 months is 1.52 million. Seaspan Corporation (NYSE:SSW) has declined 64.89% since December 18, 2016 and is downtrending. The rating was upgraded by Bank of America on Monday, September 12 to "Buy". Investors sentiment is 0.9 in Q2 2017. Its up 0.08, from 0.82 in 2017Q1. (more...)
Cognizant Technology Solutions Corporation (NASDAQ:CTSH): Going Behind the Numbers
- December 19, 2017

The stock increased 0.82% or $1.92 during the last trading session, reaching $235.47. About 319,677 shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since December 18, 2016 and is uptrending. Barrett Asset Management Ltd Liability invested in 2.1% or 417,777 shares. Smith Chas P Pa Cpas holds 0.04% in The Walt Disney Company (NYSE:DIS) or 2,565 shares. (more...)
Salvation Army receives gold bar in donation bucket Salvation Army receives gold bar in donation bucket
- December 19, 2017

A spokesman for the Salvation Army said the donation was made at a Cub Foods location, but the donor wanted to remain anonymous, KSTP reported. "We are very thankful to receive this special gift of a diamond ring from an anonymous donor". (more...)
Wal-Mart Stores, Inc. (NYSE:WMT) Stake Boosted by QS Investors LLC Wal-Mart Stores, Inc. (NYSE:WMT) Stake Boosted by QS Investors LLC
- December 19, 2017

Wal-Mart Stores, Inc. (NYSE: WMT ) has risen 13.83% since December 19, 2016 and is uptrending. Condor Capital Management increased its stake in Johnson & Johnson (JNJ) by 6.19% based on its latest 2017Q2 regulatory filing with the SEC. (NYSE: WMT ) has "Neutral" rating given on Monday, November 9 by Citigroup. As per Friday, September 30, the company rating was initiated by Guggenheim. (more...)
Old Mutual to sell asset management business for £600m Old Mutual to sell asset management business for £600m
- December 19, 2017

Old Mutual PLC (OML.LN) said Tuesday that it has agreed to sell its single-strategy asset-management unit to private-equity company TA Associates for a total consideration of 600 million pounds ($801.8 million). It has already listed U.S. institutional asset manager Old Mutual Asset Management. "While assets under management and profits are growing strongly, it is reliant on the wholesale and institutional market", he said. (more...)
Eqis Capital Management Inc. Has $7.83 Million Stake in Apple Inc. (AAPL)
- December 19, 2017

About 7.10 million shares traded. Apple (NASDAQ: AAPL)'s stock had its "buy" rating reiterated by investment analysts at KeyCorp in a report issued on Thursday, December 7th. Barry Inv Advsrs Ltd Liability Company invested in 0.4% or 7,280 shares. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth. (more...)
Mackenzie Financial Corp Purchases New Stake in General Mills, Inc. (GIS) Mackenzie Financial Corp Purchases New Stake in General Mills, Inc. (GIS)
- December 19, 2017

IdaCorp, Inc. (NYSE:IDA) has risen 17.69% since December 18, 2016 and is uptrending. It has outperformed by 23.57% the S&P500. Analysts await General Mills, Inc . (NYSE: GIS ). Salient Capital Advsr Ltd Liability Corp invested 0.19% in General Mills, Inc . Sei Invs holds 0.04% of its portfolio in American Financial Group, Inc. (more...)
United Continental Holdings, Inc. (UAL) EPS Estimated At $0.96
- December 19, 2017

Wetherby Asset Management Inc. raised its stake in United Continental by 1.5% during the 2nd quarter. (NYSE:UAL). Point72 Asia (Hong Kong) has invested 0.12% in United Continental Holdings, Inc. This buyback authorization allows the transportation company to repurchase shares of its stock through open market purchases. A low price-to-sales ratio, typically less than 1.0, is considered a good value. (more...)
Penn National Gaming acquires Pinnacle Entertainment for $2.8 billion Penn National Gaming acquires Pinnacle Entertainment for $2.8 billion
- December 19, 2017

Charles, both in Missouri, Belterra Casino Resort in IN and Belterra Park in Ohio. The transaction has been authorized by the boards of directors of both companies and is expected to close in the second half of 2018, according to a joint statement from Penn and Pinnacle. (more...)
France files complaint against Amazon for abuse of dominant position: paper France files complaint against Amazon for abuse of dominant position: paper
- December 19, 2017

The DGCCRF said in a statement on Monday that Le Maire is seeking a fine of 10 million euros ($11.8 million). Other sellers have complained about Amazon's bullish attitude towards sellers, as a negative review, delivery problems or damaged goods may result in their account being closed. (more...)
Basic Stock Data on Valero Energy Corporation (VLO)
- December 19, 2017

Jefferies maintained Ball Corporation (NYSE:BLL) on Friday, June 23 with "Buy" rating. Morgan Stanley has "Equal-Weight" rating and $55 target. FBR Capital has "Outperform" rating and $54 target. The firm has "Buy" rating given on Friday, December 15 by Vertical Research. The company was downgraded on Thursday, November 10 by Standpoint Research. (more...)
Ltd. Sells 697 Shares of O'Reilly Automotive Inc (NASDAQ:ORLY)
- December 19, 2017

Schwab Charles Investment Management Inc. now owns 303,223 shares of the specialty retailer's stock valued at $66,327,000 after buying an additional 14,745 shares during the period. Since August 1, 2017, it had 0 buys, and 6 selling transactions for $3.68 million activity. WOOTEN ROSALIE OREILLY had sold 5,000 shares worth $1.00M on Friday, August 25. (more...)
Murdered UK diplomat's family thanks authorities, media Murdered UK diplomat's family thanks authorities, media
- December 19, 2017

The suspect, who worked for the Uber taxi service, had immediately confessed to the crime, which took place early on Saturday, the source said . "When he began to sexually assault her, she resisted, she was able to escape from the auto and started to scream, until he took her back to the vehicle and strangled her", the source added. (more...)
Yakira Capital Management INC Position In Time Warner INC (TWX) Was Upped
- December 19, 2017

TWX is now undervalued by -11.3% relative to the average 1-year price target of $101.75 taken from a group of Wall Street Analysts. Rio Tinto plc (NYSE:RIO) has risen 43.73% since December 18, 2016 and is uptrending. The Oklahoma-based Bokf Na has invested 0.04% in Hanesbrands Inc. (NASDAQ:GRPN). Credit Suisse Ag accumulated 197,353 shares or 0% of the stock. (NYSE:TWX). (more...)
The FedEx Corporation (FDX) VP John L. Merino Sells 7200 Shares
- December 19, 2017

The institutional investor held 389,610 shares of the central company at the end of 2017Q2, valued at $20.14 million, up from 221,928 at the end of the previous reported quarter. The stock has "Outperform" rating by FBR Capital on Tuesday, November 3. The rating was upgraded by Wells Fargo to "Outperform" on Thursday, September 28. (more...)
The Decatur Capital Management Inc. Cuts Stake in Amgen Inc. (AMGN)
- December 19, 2017

The stock increased 1.24% or $0.33 during the last trading session, reaching $27.04. ERJ's SI was 4.41M shares in December as released by FINRA. Anthem, Inc. (AMGN) has an Analysts' Mean Recommendation of 2.4. BMO Capital Markets maintained the stock with "Buy" rating in Friday, July 21 report. (NASDAQ:AMGN) on Saturday, August 29 with "Overweight" rating. (more...)
Kinder Morgan, Inc. (KMI) Analysts See $0.17 EPS
- December 19, 2017

Cortland Advisers Llc who had been investing in Kinder Morgan Inc/De for a number of months, seems to be bullish on the $40.03B market cap company. The stock decreased 0.34% or $0.06 during the last trading session, reaching $17.76. It also reduced its holding in Vanguard Index Fds (VTI) by 33,948 shares in the quarter, leaving it with 232,508 shares, and cut its stake in Ishares Tr (IWN). (more...)
Revenue Approximations Analysis: Investors Bancorp, Inc. (ISBC), Philip Morris International Inc. (PM)
- December 19, 2017

The shares were sold at an average price of $108.38, for a total transaction of $11,811,144.02. (NYSE:MRK) has risen 16.86% since December 18, 2016 and is uptrending. (NYSE:PM). Hbk Sorce Advisory Ltd Llc reported 32,995 shares. The company reported $1.27 EPS for the quarter, missing analysts' consensus estimates of $1.38 by ($0.11). (more...)
Southwest Airlines Company (LUV) Shares Sold by Dimensional Fund Advisors LP Southwest Airlines Company (LUV) Shares Sold by Dimensional Fund Advisors LP
- December 19, 2017

Columbus Circle Investors who had been investing in Southwest Airls Co for a number of months, seems to be bullish on the $38.99 billion market cap company. Blue Fincl Capital reported 4,200 shares. Raymond James And Assoc has invested 0.01% in Twenty-First Century Fox, Inc. Sequent Asset Mgmt Ltd Liability Corporation invested 0.58% of its portfolio in Intel Corporation (NASDAQ:INTC). (more...)