Business


Consumer spending before Christmas slumps to 5-year low Consumer spending before Christmas slumps to 5-year low
- January 09, 2018

E-commerce spending eked out a gain of 2 per cent last month, but that was offset by a 2.7 per cent fall in face-to-face spending in brick-and-mortar stores. Face-to-face expenditure was up 5.3% year-on-year, and face-to-face spending has now risen in each of the past four months, with December's growth marking the fastest increase seen since April 2016. (more...)
Are you searching Analysts Rated Stock: International Business Machines Corporation (IBM)
- January 09, 2018

It has outperformed by 48.54% the S&P500. Business Machines Corp ( IBM ) stake by 23.61% reported in 2017Q3 SEC filing. The institutional investor held 625,365 shares of the electronic components company at the end of 2017Q3, valued at $22.54 million, up from 84,993 at the end of the previous reported quarter. (more...)
Vetr Lowers Wells Fargo & Co (WFC) to Sell Vetr Lowers Wells Fargo & Co (WFC) to Sell
- January 09, 2018

Palestra Capital Management Llc who had been investing in Praxair Inc for a number of months, seems to be less bullish one the $46.93B market cap company. Parallax Volatility Advisers Lp, which manages about $4.50 billion and $60.64B US Long portfolio, upped its stake in Eastman Chem Co (Put) (NYSE:EMN) by 98,400 shares to 100,400 shares, valued at $9.09 million in 2017Q3, according to the filing. (more...)
Starbucks Debuts a New Blonde Espresso Today Starbucks Debuts a New Blonde Espresso Today
- January 09, 2018

Starbucks has offered a second espresso option in select global markets since 2013, including the debut of StarbucksĀ® Blonde Espresso in Canada past year to an overwhelmingly positive response from partners (employees) and customers. Starbucks Blonde Espresso Roast brings together beans from Latin America and East Africa, sourced through the company's Coffee and Farmer Equity (C.A.F.E.) Practices - a comprehensive approach to sourcing that meets its social, economic, environmental, and ... (more...)
German industrial orders declined in November 2017 German industrial orders declined in November 2017
- January 09, 2018

The data also showed that contracts for "Made in Germany" goods climbed by a revised 0.7 percent in October, an upward revision from a previously reported rise of 0.5 percent. Germany's statistics office is due to make a preliminary estimate of 2017 economic output on Thursday. Earlier, Deutsche Welle cited the German Economics Ministry as saying that "full order books and a high level of business confidence point to favorable cyclical developments in the months ahead". (more...)
Nike Inc (NKE) Earns "Buy" Rating from DA Davidson
- January 09, 2018

It has outperformed by 56.33% the S&P500. Nike Inc now has $105.32B valuation. Class B ( NKE ) by 14.35% based on its latest 2017Q3 regulatory filing with the SEC. Kings Point Management stated it has 466 shares. Carnegie Asset Ltd Liability reported 136,118 shares stake. 98,614 were reported by Citadel Advsr Limited Liability Company. (more...)
Bbva Compass Bancshares Inc. Has $5.11 Million Position in Intel Co
- January 09, 2018

Rivernorth Capital Management Llc who had been investing in General Amern Invs Inc for a number of months, seems to be less bullish one the $931.39 million market cap company. Vident Invest Advisory Ltd Com holds 0.06% in SpartanNash Company (NASDAQ:SPTN) or 40,422 shares. Ubs Asset Management Americas stated it has 116,854 shares. (more...)
Noteworthy Buzzers: Comcast Corporation (CMCSA), Citigroup Inc
- January 09, 2018

The stock increased 1.42% or $0.58 during the last trading session, reaching $41.44. About 5.52 million shares traded. It is down 28.96% since January 7, 2017 and is uptrending. Eaton Vance Mngmt stated it has 0.61% in Comcast Corporation (NASDAQ: CMCSA ). Natixis invested in 0.01% or 22,815 shares. Riverhead Management Ltd owns 57,926 shares. (more...)
(MCD) Shares Sold by Cullen Frost Bankers Inc
- January 09, 2018

The stock decreased 0.04% or $0.02 during the last trading session, reaching $53.11. 3,681,436 shares of the stock traded hands. McDonald's Corporation (NYSE:MCD) has risen 18.25% since January 9, 2017 and is uptrending. This target by BMO Capital indicates the possibile upside of 0.62 % from the current price. The firm earned "Buy" rating on Tuesday, October 27 by TH Capital. (more...)
"World's Toughest" Microbead Ban Takes Effect In UK
- January 09, 2018

Now, hopefully, we can at least be reassured that we're not buying gels loaded with environment and skin damaging plastics. "Now we have reached this important milestone, we will explore how we can build on our world-leading ban and tackle other forms of plastic waste", Coffey said . (more...)
Target (TGT) Releases FY19 Earnings Guidance Target (TGT) Releases FY19 Earnings Guidance
- January 09, 2018

By looking at the Volatility of the company, Week Volatility is at 1.29%, whereas Month Volatility stands at 1.56%. TGT's mean recommendation on Reuter's scale slipped from 2.96 thirty days ago to 2.93 now, which indicates a hold consensus from the analyst community. (more...)
Fidelity National Financial, Inc. (FNF) EPS Estimated At $0.60
- January 09, 2018

TechnipFMC plc (NYSE:FTI) has 0.00% since January 9, 2017 and is. It has underperformed by 25.18% the S&P500. Moon decreased its stake in Fidelity National Financial (FNFV) by 35.92% based on its latest 2017Q3 regulatory filing with the SEC. (more...)
Brooklyn Assemblywoman Indicted on Fraud Charges Brooklyn Assemblywoman Indicted on Fraud Charges
- January 09, 2018

The next year, prosecutors said, she carried out a almost identical scheme. As NBC New York points out , despite the fact Harris's biography calls her a "vocal advocate" for Hurricane Sandy relief efforts, part of the money she allegedly stole was money designated for FEMA relief efforts. (more...)
Amazon CEO Jeff Bezos now worth $105B, surpassing Bill Gates Amazon CEO Jeff Bezos now worth $105B, surpassing Bill Gates
- January 09, 2018

Amazon shares are up almost 7% so far in this year after rising 56% in 2017. According to the Bloomberg Billionaires Index , Bezos' net worth has now surpassed $105 billion - far ahead of the $93.3 billion, $87.2 billion and $77.5 billion net worth of fellow billionaires Bill Gates, Warren Buffett and Mark Zuckerberg, respectively. (more...)
Rod Stewart & Cyndi Lauper Live at Hard Rock! Rod Stewart & Cyndi Lauper Live at Hard Rock!
- January 09, 2018

He invited Lauper to join him as the tour's special guest. View the full list of tour dates below. Tickets go on sale at 10 a.m. Friday, with presale starting on Live Nation at 9 a.m. kick off a nostalgia blast", wrote Rachel Desantis of Entertainment Weekly . The pink-haired songstress has earned awards for her musical theatre work and has been recognized for her advocacy of LGBT causes. (more...)
Beardsley due to meet Newcastle officials over bullying allegations Beardsley due to meet Newcastle officials over bullying allegations
- January 09, 2018

The former England worldwide was asked to attend a meeting with the club's managing director Lee Charnley and head of safeguarding Steve Swinyard. The Daily Mail has reported that a number of Newcastle's African players have made allegations of racial abuse against Beardsley, 56. (more...)
Allegiant Air adding new nonstop flights to Florida, Charleston, South Carolina Allegiant Air adding new nonstop flights to Florida, Charleston, South Carolina
- January 09, 2018

Two more airlines will add flights to and from Charleston International Airport in the coming weeks. Allegiant said the Sarasota/Bradenton flights are year-round to Sarasota-Bradenton International Airport. Allegiant officials say the addition isn't going to change service to Punta Gorda or St. Pete-Clearwater International Airport. A new airline will fly into Sarasota-Bradenton International Airport this spring when Allegiant launches three new nonstop routes. (more...)
United States stocks rise to records as dollar strengthens United States stocks rise to records as dollar strengthens
- January 09, 2018

The European Central Bank should set a date to end its asset-buying programme, the head of Germany's Bundesbank, Jens Weidmann, told Spanish newspaper El Mundo. Some Fed officials recently commented that the Fed is still on track for the proposed 2018 rate hikes. Economic and business confidence in the Eurozone is rising more than expected in December 2017. (more...)
Wanting a new start, May reshuffles Cabinet Wanting a new start, May reshuffles Cabinet
- January 09, 2018

Mrs May's decision to reshuffle her cabinet was a sign that she felt her internal position had improved enough to make some substantial changes to her top team without sparking a leadership crisis. In a major shake-up of CCHQ, the Conservatives announced prominent backbencher James Cleverly as deputy chairman, junior minister Chris Skidmore as vice chairman for policy, Maria Caulfield as vice chair for women, and 2017 intake MPs Kemi Badenoch and Ben Bradley as vice chair for candidates and ... (more...)
BMW Releases Nail-Biting Footage Of Its Mid-Drift Refuelling Efforts BMW Releases Nail-Biting Footage Of Its Mid-Drift Refuelling Efforts
- January 09, 2018

If this sounds familiar, it should. BMW found the main obstacle for gaining back its previous drift record set in 2013 - and summarily usurped by Toyota twice - was that the M5 kept running out of fuel, so the quirky solution was to refuel mid-drift. (more...)
Tortoise Capital Advisors LLC Maintains Stake in Magellan Midstream Prtnrs LP (MMP)
- January 09, 2018

It has underperformed by 9.99% the S&P500. Par Capital Management Inc increased Groupon Inc (GRPN) stake by 144.22% reported in 2017Q3 SEC filing. Research analysts covering the stock are projecting that it will reach $18.60 within the next year.Let's take a look at how the stock has been performing recently. (more...)
LMP Capital & Income Fund Inc (NYSE:SCD) Institutional Investors Quarterly Sentiment
- January 09, 2018

Arrowgrass Capital Partners Llp who had been investing in Disney Walt Co (Call) for a number of months, seems to be bullish on the $165.83 billion market cap company. The stock was sold at an average price of $99.00, for a total value of $1,967,229.00. The Walt Disney Company had 144 analyst reports since July 24, 2015 according to SRatingsIntel. (more...)
Singapore charges 11 men over Shell oil heist Singapore charges 11 men over Shell oil heist
- January 09, 2018

Police said Tuesday that they also seized $2.3 million and an oil tanker in connection with the theft, which was first reported in August. Officers from the Criminal Investigation Department, Police Intelligence Department and Police Coast Guard conducted simultaneous raids islandwide on Sunday (Jan 7) and arrested the 17 suspects. (more...)
GoPro exits the drone business, confirms job cuts GoPro exits the drone business, confirms job cuts
- January 09, 2018

On January 7, GoPro lowered the price of its premium model, HERO6 Black from United States dollars 499 to USD 399. Dougherty & Co increased their target price on GoPro from $5.00 to $7.00 and gave the stock a "sell" rating in a report on Monday, October 2nd. (more...)
Country duo Sugarland to perform at Huntington Center Country duo Sugarland to perform at Huntington Center
- January 09, 2018

After five years apart, the reunited Sugarland is going on tour, including a stop to The Great Allentown Fair. Sugarland will bring the "Still The Same" tour to Intrust Bank Arena August 18th. Tickets will go on sale to the public Friday, January 12 at 10 a.m. Prices are $59, $75 and $99. It was one of the last shows they played before announcing a hiatus. (more...)