Business


U.S. industrial production, capacity in use jump in December U.S. industrial production, capacity in use jump in December
- January 17, 2018

Manufacturing output edged up 0.1 percent, the fourth straight monthly increase, helped by a healthy uptick in production of cars, trucks and auto parts. The mining index was up 11.5% from a year earlier. Wednesday's report showed output in the volatile mining sector increased 1.6% in December, which the Fed said was mainly because of a gain in oil and gas extraction. (more...)
Investors Buy Large Volume of Put Options on American Water Works (AWK)
- January 17, 2018

The stock's quarterly performance indicates a negative momentum of -3.29 percent, whereas its last one month trend is pessimistic with -8.57 percent. Net profit margin of the company was recorded at 15.8 percent, operating profit margin was 36.2 percent, while gross profit margin stands at 58.6 percent. (more...)
US Bancorp (USB) Stake Lessened by L & S Advisors Inc
- January 17, 2018

It has outperformed by 6.37% the S&P500. Davenport & Company Llc increased its stake in Bdx (BDX) by 117.55% based on its latest 2017Q3 regulatory filing with the SEC. The stock presently has an average rating of "Hold" and a consensus price target of $56.22. Among 30 analysts covering U.S. Bancorp (NYSE:USB), 8 have Buy rating, 2 Sell and 20 Hold. (more...)
Wedbush Equities Analysts Increase Earnings Estimates for Williams-Sonoma, Inc. (WSM) Wedbush Equities Analysts Increase Earnings Estimates for Williams-Sonoma, Inc. (WSM)
- January 17, 2018

The stock decreased 0.79% or $0.09 during the last trading session, reaching $11.37. About 1.30 million shares traded. Williams-Sonoma, Inc. has a 1 year low of $42.68 and a 1 year high of $55.89. Liberty Mutual Gp Asset holds 0.06% or 20,849 shares. M&T Bancshares Corp reported 22,283 shares. Asset holds 0.05% or 63,325 shares. Rampart Inv Mngmt Ltd Limited Liability Company invested in 0.57% or 11,606 shares. (more...)
Arsenal midfielder Jack Wilshere rules out January exit Arsenal midfielder Jack Wilshere rules out January exit
- January 17, 2018

Arsenal have reportedly informed Jack Wilshere that he must undertake and pass a full medical in order to earn a new long-term contract with the club. Having returned to the starting XI in recent months, Wilshere has shown glimpses of his former potential and would have expected a contract offer, with his current deal at the Emirates set to expire in the summer. (more...)
United Kingdom climate strategy has 'significant gaps', advisers warn United Kingdom climate strategy has 'significant gaps', advisers warn
- January 17, 2018

In 2017, the United Kingdom government published its Clean Growth Strategy , setting out the next phase of action. The committee points out that better insulated homes would cut people's bills as well as tackle climate change, and calls for more incentives to encourage "able to pay" households to install efficiency measures. (more...)
Heathrow Expansion Gathers Momentum as Consultation Takes Off Heathrow Expansion Gathers Momentum as Consultation Takes Off
- January 17, 2018

Stewart to clarify the significant of the shorter runway option saying. The consultation will ask people what are the principles which should inform the design of the new flight paths, whether, for example, all flights should be narrowly concentrated over certain areas or whether multiple flight paths should be created which would be rotated to give each community some respite from the noise. (more...)
Walmart Unveils Opioid Disposal Solution DisposeRx In Fight Against Misuse Walmart Unveils Opioid Disposal Solution DisposeRx In Fight Against Misuse
- January 17, 2018

Walmart said the disposal solution will be available to patients when filling an opioid prescription at any one of its 4,700 pharmacies nationwide. Its DisposeRx solution consists of a small packet with an FDA-safe chemical blend that, when emptied into a pill bottle with warm water, lets patients dispose of any leftover medications in the trash. (more...)
Kinder Morgan (NYSE:KMI) Coverage Initiated by Analysts at Bank of America
- January 17, 2018

Melvin Capital Management Lp who had been investing in Yandex N V for a number of months, seems to be bullish on the $11.67 billion market cap company. Among 33 analysts covering PNC Financial Services ( NYSE:PNC ), 12 have Buy rating, 1 Sell and 20 Hold. Therefore 56% are positive. The firm has "Buy" rating given on Friday, August 14 by Tudor Pickering. (more...)
Interserve is not the next Carillion, says United Kingdom government Interserve is not the next Carillion, says United Kingdom government
- January 17, 2018

Shadow Cabinet Office minister Jon Trickett said: "The Government awarded Interserve numerous contracts after significant profit warnings, clearly showing us that Carillion was not an isolated case". British construction and services firm Interserve said it was keeping government up-to-date on discussions with lenders on longer-term funding. Neil Wilson , ETX Capital's senior market analyst, said: " Interserve has had its problems for sure, but it's no Carillion". (more...)
NVIDIA Corporation (NVDA) Shares Sold by Central Bank & Trust Co
- January 17, 2018

Over the last 90 days, insiders have sold 19,858 shares of company stock valued at $4,227,384. About 2.48 million shares traded. NVIDIA Corporation (NASDAQ: NVDA ) has risen 212.28% since January 17, 2017 and is uptrending. It tells an investor how quickly a company is increasing its revenues. Its up 0.09, from 1.21 in 2017Q2. A number of other institutional investors have also recently bought and sold shares of NVDA . (more...)
Homeserve (LON:HSV) Rating Increased to Overweight at JPMorgan Chase & Co Homeserve (LON:HSV) Rating Increased to Overweight at JPMorgan Chase & Co
- January 17, 2018

It has underperformed by 9.20% the S&P500. Jpmorgan Chase & Co now has $388.17B valuation. The hedge fund run by Stuart Weisbrod held 28,500 shares of the medical specialities company at the end of 2017Q3, valued at $4.53 million, down from 32,500 at the end of the previous reported quarter. (more...)
Rival Koreas agree to form first unified Olympic team
- January 17, 2018

The two Koreas are meeting Wednesday for the third time in less than 10 days to continue their discussions on Olympics cooperation, days ahead of talks with the International Olympic Committee on North Korean participation in the upcoming Winter Games in the South. (more...)
Bank of America Enjoys Q4 Boost On Hike in Loans Bank of America Enjoys Q4 Boost On Hike in Loans
- January 17, 2018

Janus Henderson Group PLC increased its stake in shares of Bank of America by 587.0% in the 2nd quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.44 per share for the fourth-quarter. The firm's quarterly revenue was up 3.5% on a year-over-year basis. The bank's fourth-quarter adjusted earnings came in at $0.47 a share, beating expectations for $0.45 despite a one-off charge of $2.9bn related to the newly-signed USA tax law. (more...)
Labour reports Boris Johnson to statistics watchdog over latest Brexit claim Labour reports Boris Johnson to statistics watchdog over latest Brexit claim
- January 17, 2018

Post-Brexit, Mr Johnson has said that "a lot of that money" could go elsewhere, and specifically to the NHS . United Kingdom statistics watchdog, Sir David Norgrove, called it " a clear misuse of official statistics " and Nigel Farage denied the claim within hours of the referendum result . (more...)
Clean Energy Investment Rose to $333.5 bln in 2017, Research Shows Clean Energy Investment Rose to $333.5 bln in 2017, Research Shows
- January 17, 2018

The figure also means that cumulative spending on clean energy has reached $2.5 trillion since the start of the decade. Typical utility-scale PV systems were about 25% cheaper per megawatt last year than they were two years earlier. Offshore, Ørsted said it had reached a "final investment decision" on the 1.4 GW Hornsea 2 project in the U.K. North Sea, at an estimated $4.8 billion. (more...)
Goldman Sachs posts first quarterly loss in six years Goldman Sachs posts first quarterly loss in six years
- January 17, 2018

Philadelphia Trust Company increased its stake in Goldman Sachs Group Inc (GS) by 3.69% based on its latest 2017Q3 regulatory filing with the SEC. National Pension Service now owns 277,883 shares of the investment management company's stock worth $62,360,000 after buying an additional 21,225 shares during the last quarter. (more...)
Juno Therapeutics' (JUNO) Market Perform Rating Reiterated at Wells Fargo & Co Juno Therapeutics' (JUNO) Market Perform Rating Reiterated at Wells Fargo & Co
- January 17, 2018

It has underperformed by 6.43% the S&P500. It was reported on Jan, 16 by Barchart.com . (NASDAQ: JUNO ) for 225,119 shares. Paylocity Holding Corporation provides cloud payroll and human capital management software solutions for medium-sized organizations in the United States. (more...)
What the future of Dunkin' Donuts looks like What the future of Dunkin' Donuts looks like
- January 17, 2018

At the ribbon-cutting for the new concept store, Quincy Mayor Thomas Koch, joined by other elected officials, declared January 16 " Dunkin' Donuts Day" in the city. Another fresh detail is the location's tap system, which serves eight cold beverages, including coffee, ice tea, cold brew, and nitro infused cold brew. (more...)
Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) Moves into Overbought Territory
- January 17, 2018

Vivaldi Asset Management LLC purchased a new position in Blackhawk Network during the second quarter valued at $10,271,000. (NASDAQ: HAWK ) shares have traded 24.97% for the week and are 26.37% for the year. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. (more...)
Uber to introduce mandatory rest breaks for UK drivers Uber to introduce mandatory rest breaks for UK drivers
- January 17, 2018

According to Reuters and Bloomberg , a new Uber policy would make it a must for all the drivers in the United Kingdom to take a minimum of a six-hour break after working for a continuous ten hours shift. A licensed driver on its app must take an uninterrupted six-hour break after 10 hours of driving with a passenger or travelling to pick up someone. (more...)
US Senate Hits 50 Votes In Bid To Save Net Neutrality US Senate Hits 50 Votes In Bid To Save Net Neutrality
- January 17, 2018

The lawsuit was filed by the Attorneys General of New York, California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, New Mexico, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, Washington, and the District of Columbia. (more...)
Burberry sees slide in UK Christmas sales amid high-end fashion makeover Burberry sees slide in UK Christmas sales amid high-end fashion makeover
- January 17, 2018

Global retail sales at Burberry's established stores rose 2%, disappointing expectations in the City of a 3% rise. Continental Europe, the company said grew comparable sales and the Middle East improved and Americas reported a low single digit percentage growth consistent with the second quarter. (more...)
Markets Right Now: Dow Jones industrials recede from 26000 Markets Right Now: Dow Jones industrials recede from 26000
- January 17, 2018

Hopes of strong quarterly earnings, supported by a steep cut in corporate taxes, and solid global economic growth have bolstered Wall Street's optimism in the start to 2018. Japan's Nikkei 225 declined 0.40%. European shares ended little changed as losses among commodity stocks more than offset initial gains due to a series of well-received trading updates. (more...)
Ferrari challenges Tesla, unveils its plan to build an electric supercar Ferrari challenges Tesla, unveils its plan to build an electric supercar
- January 17, 2018

The luxury carmaker said it also plans to launch an SUV by the end of 2019 or early 2020 . Despite Tesla's lead on the electric vehicle market, large automakers spent 2017 announcingtheywill transition their gas-powered auto models to EVs. (more...)

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