Business


Avaya Advances Closer to Chapter 11 Bankruptcy Exit Avaya Advances Closer to Chapter 11 Bankruptcy Exit
- August 09, 2017

Also helping matters is a settlement of its underfunded pension plans, responsibility for which will be assumed by the U.S. Pension Benefit Guaranty Corporation in return for equity in Avaya and some cash. Chidiac revealed that, last year, Avaya A/NZ closed its fiscal 2016 with its strongest quarter in 12 quarters, with the business building from there. (more...)
China's July export, import growth well below forecast China's July export, import growth well below forecast
- August 09, 2017

Export growth was unexpectedly strong in the first half of the year. The yuan has been on an upward trajectory against the USA dollar this year due to the weakening greenback and steady expansion of the Chinese economy . China set its monetary policy as prudent and neutral for 2017 as authorities try to balance financial deleveraging and support economic growth. In recent months though, power companies in the world's top coal buyer have struggled with a flurry of government measures aimed ... (more...)
Brokers Change Their Target Price On Electro Scientific Industries, Inc. (NASDAQ:ESIO)
- August 09, 2017

A number of research firms have commented on ESIO. The stock's market capitalization is 358.44M, it has a 52-week low of 4.50 and a 52-week high of 10.75. Legal & General Group Plc reduced its stake by selling 48,758 shares a decrease of 92.6% in the quarter. (NASDAQ:ESIO). Natl Bank Of Ny Mellon has 418,339 shares for 0% of their portfolio. (more...)
ASEAN, China agree on disputed sea framework ASEAN, China agree on disputed sea framework
- August 09, 2017

Prior to the release of the joint statement, China's Foreign Minister Wang Yi had warned any interference from "outside parties" could jeopardise negotiations over the code of conduct. The arbitral tribunal also said that China violated Philippine rights by barring access to Scarborough Shoal - also called Bajo de Masinloc and Panatag Shoal by the Philippines - a traditional fishing ground for Filipino and Vietnamese fishers. (more...)
KCG Holdings Inc. Acquires 4702 Shares of Vipshop Holdings Limited (VIPS)
- August 09, 2017

Benchmark Co. initiated coverage on Vipshop Holdings Limited in a research report on Tuesday, April 18th. Hamilton Lane Advisors LLC owned 0.13% of Vipshop Holdings Limited worth $8,065,000 as of its most recent SEC filing. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.01. 05/16/2017 - Vipshop Holdings Limited was downgraded to "neutral" by analysts at Nomura. (more...)
Royal Bank of Scotland Group plc Royal Bank of Scotland Group plc
- August 09, 2017

As of quarter end Bank Of New York Mellon Corp had acquired 4,059 shares growing its position 405,900.0%. Bank Of New York Mellon Corp now owns 4,060 shares valued at $27,000. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/08/08/royal-bank-scotland-plc-the-nyserbs-shares-sold-by-kcg-holdings-inc.html. (more...)
Markets Right Now: Dow average ends a 10-day winning streak Markets Right Now: Dow average ends a 10-day winning streak
- August 09, 2017

Stocks have largely drifted in recent sessions with trading volumes near their lows for the year as the Q2 earnings season has wound down, while the S&P 500 has failed to post a 1% daily move in either direction since the middle of May. Ralph Lauren gained $10.38, or 13.3 percent, to $88.53, while peer-to-peer loan company LendingClub added 99 cents, or 18.1 percent, to $6.45. Its shares slid $9.77, or 5.3 percent, to $174.02. (more...)
Eight people killed in bus accident at Nadia Eight people killed in bus accident at Nadia
- August 09, 2017

The accident took place in Tehatta village, around 150 km from Kolkata . An eyewitness said, "The bus was on its way from Krishnagar to Karimpur". Two of the deceased - one male and one female - were could not be identified. "We have seized the bus while its driver is still absconding", a local police official told IBNS. Police are investigating the matter. Meanwhile, the West Bengal government announced a compensation of Rs 2 lakh each for the next of kin of eight persons who died in the ... (more...)
Janus Henderson integration sees 'solid progress' two months after merger
- August 09, 2017

The average 1-year price target among analysts that have covered the stock in the last year is GBX 250.50 ($3.26). It is anticipated that this saving will increase to at least $85m by the end of the first 12 months since the merger closed - and to at least $110m of recurring annual pre-tax synergies within three years of the merger. (more...)
GlaxoSmithKline PLC (GSK) To Go Ex-Dividend on August 9th
- August 09, 2017

Shares have underperformed the industry so far this year. A number of other hedge funds have also modified their holdings of GSK. Jefferies Group LLC reduced their price target on shares of Sse Plc from GBX 1,550 ($20.18) to GBX 1,400 ($18.23) and set a hold rating on the stock in a research report on Friday, May 5th. (more...)
Marvell Technology Group Ltd.
- August 09, 2017

Greenwood Lc reported 0.05% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Vantage Investment Partners Llc acquired 64,486 shares as 3M Co (MMM)'s stock rose 7.02%. Columbia Prns L L C Investment Management owns 30,889 shares or 0.14% of their U.S. portfolio. Envestnet Asset Management Inc. boosted its position in Marvell Technology Group by 103.8% in the fourth quarter. (more...)
Houston family claims dog died while in cargo hold on United flight Houston family claims dog died while in cargo hold on United flight
- August 09, 2017

The airline is notorious for pet deaths on their flights. " United Airlines can issue any statement they like but their company's credibility is under question when they immediately cremate the giant rabbit Simon without anyone's consent", said attorney Guy Cook at the time. (more...)
AstraZeneca plc (LON:AZN) Given AstraZeneca plc (LON:AZN) Given "Neutral" Rating at JP Morgan Chase & Co
- August 09, 2017

HSBC Holdings plc restated a "reduce" rating and set a GBX 4,200 ($54.69) price objective on shares of AstraZeneca plc in a research note on Friday, May 5th. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of United States and worldwide copyright legislation. (more...)
Twilio Inc. (NYSE:TWLO) Updates Q3 Earnings Guidance Twilio Inc. (NYSE:TWLO) Updates Q3 Earnings Guidance
- August 09, 2017

In addition to the improved revenue, Twilio has also attracted more customers so far this year compared to last. The company had its initial public offering (IPO) in June 2016, pricing its shares at US$15. The disclosure for this sale can be found here. A number of large investors have recently added to or reduced their stakes in the company. Finally, Carl Domino Inc purchased a new position in shares of Twilio during the second quarter valued at $233,000. (more...)
Traders Sell Shares of Bed Bath & Beyond Inc. (BBBY) on Strength (BBBY) Traders Sell Shares of Bed Bath & Beyond Inc. (BBBY) on Strength (BBBY)
- August 09, 2017

They expect $0.95 earnings per share , down 14.41% or $0.16 from last year's $1.11 per share. (NASDAQ:BBBY). First Quadrant Lp Ca reported 0.05% of its portfolio in Bed Bath & Beyond Inc. The Firm sells a range of domestics merchandise and home furnishings. Investors sentiment increased to 0.77 in Q4 2016. Its down 0.06, from 0.76 in 2016Q3. (more...)
Hot Stock for Investors: Barrick Gold Corporation (ABX)
- August 09, 2017

Datawatch Corporation (DWCH) has risen 56.31% since August 7, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. ( ABX ) stake by 26.53% reported in 2016Q4 SEC filing. Therefore 28% are positive. Vetr cut Barrick Gold Corporation from a "strong-buy" rating to a " buy" rating and set a $21.75 price target on the stock.in a research report on Monday, April 10th. (more...)
Brookdale Senior Living Inc. (BKD) stock RSI 27.51 Signals investors to buy Brookdale Senior Living Inc. (BKD) stock RSI 27.51 Signals investors to buy
- August 09, 2017

Brookdale Senior Living has an average rating of "Hold" and an average target price of $18.86. About shares traded. Brookdale Senior Living, Inc. It has underperformed by 18.79% the S&P500. The company was maintained on Wednesday, October 14 by Stifel Nicolaus. The stock of Brookdale Senior Living, Inc. While our performance for the quarter was generally in line with the industry, we are happy with the progress that we are making to improve our market positioning through our sectionation ... (more...)
Fidelity National Information Services, Inc. (FIS) Upgraded at BidaskClub
- August 09, 2017

It has outperformed by 14.89% the S&P500. Andrew Immerman decreased its stake in Fidelity Natl Information Sv (FIS) by 8.27% based on its latest 2016Q4 regulatory filing with the SEC. Segall Bryant Hamill Ltd holds 0.58% or 683,722 shares. In other Fidelity National Information Services news, EVP James W. Woodall sold 70,667 shares of the business's stock in a transaction dated Wednesday, May 10th. (more...)
Express Scripts Holding Company (NASDAQ:ESRX) Reviewed By Analysts
- August 09, 2017

The hedge fund run by Matthew Knauer held 425,000 shares of the semiconductors company at the end of 2016Q4, valued at $15.42M, up from 300,000 at the end of the previous reported quarter. Coldstream Cap Management holds 1.15% or 195,334 shares. Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.06, from 0.99 in 2016Q3. Several other large investors have also added to or reduced their stakes in ESRX. (more...)
Methanex Corporation (NASDAQ:MEOH) Experiences Light Trading Volume Methanex Corporation (NASDAQ:MEOH) Experiences Light Trading Volume
- August 09, 2017

Scotiabank's target price suggests a potential upside of 18.80% from the stock's current price. A number of analysts have recently issued reports on the company. Methanex Corporation declared that its board has authorized a share repurchase program on Wednesday, July 26th that allows the company to repurchase 1,660,000 shares. (more...)
Has $2.22 Million Stake in Verizon Communications Inc. (VZ) Has $2.22 Million Stake in Verizon Communications Inc. (VZ)
- August 09, 2017

Verizon Communications now has $199.32 billion valuation. (NYSE:VZ) traded down 0.53% during mid-day trading on Tuesday, reaching $48.60. About 120,061 shares traded. Fauquier Bankshares, Inc.is a bank holding company. The stock of Caterpillar Inc. The rating was maintained by RBC Capital Markets on Monday, January 25 with "Outperform". (more...)
Biotech Movers: Second Quarter Results, Increased Outlook Send Horizon Pharma Shares Higher Biotech Movers: Second Quarter Results, Increased Outlook Send Horizon Pharma Shares Higher
- August 09, 2017

Goldman Sachs initiated Horizon Pharma PLC (NASDAQ: HZNP ) on Monday, June 6 with "Buy" rating. They issued an "overweight" rating and a $13.00 target price on the stock . COPYRIGHT VIOLATION WARNING: This story was published by BBNS and is the property of of BBNS. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. (more...)
Endo International PLC (ENDP) Downgraded to Strong Sell at BidaskClub
- August 09, 2017

The business is expected to issue its next quarterly earnings results before the market opens on Tuesday, August 8th. On the other hand the company has Relative Strength Index (RSI 14) of 23.9 along with Average True Range (ATR 14) of 0.47, Consequently Endo Int'l Plc (NASDAQ: ENDP)'s weekly and monthly volatility is 5.16%, 3.97% respectively. (more...)
Creative Planning Cuts Position in MGM Resorts International (NYSE:MGM)
- August 09, 2017

The Beta factor for the stock is listed at 0.49. Overall, volume was down 1.38% under the stocks normal daily volume. Here is the rundown on market activity for MGM Resorts International (NYSE:MGM). Vetr upgraded shares of Wynn Resorts, Limited (NASDAQ:WYNN) from a hold rating to a buy rating in a research report report published on Friday, July 14th. (more...)
First Majestic Silver Corp. (FR) Insider Buys C$38150.00 in Stock
- August 09, 2017

LLC now owns 1,510,720 shares of the mining company's stock valued at $4,804,000 after buying an additional 199,276 shares during the period. Though there are a number of indicators that can be used to assess these conditions, some are more popular than others. (more...)