Business


Morgan Stanley quarterly profit drops 59 pct Morgan Stanley quarterly profit drops 59 pct
- January 18, 2018

Morgan Stanley earned $686 million, or 29 cents a share, down from $1.67 billion, or 81 cents a share, from a year earlier. The lower corporate tax rates under the new law lowered the value of those assets. Morgan Stanley's fourth quarter profit was 59% lower than the same period in 2016 following a one-off United States tax repatriation payment. Excluding the tax charge, its return on equity was 9.4 percent a year ago. (more...)
Economy, Inflation Growing at Modest-to-Moderate Pace: Fed Economy, Inflation Growing at Modest-to-Moderate Pace: Fed
- January 18, 2018

Non-auto retail sales were up in most districts, with auto sales mixed. Housing sales were constrained somewhat by limited inventory. American businesses are upbeat about 2018, but more widespread difficulties finding workers are constraining growth for some firms, according to a Federal Reserve survey released on Wednesday (Jan 17). (more...)
Intuitive Surgical (ISRG) Earns In-Line Rating from Analysts at Evercore ISI
- January 18, 2018

It has outperformed by 22.82% the S&P500. Energy Opportunities Capital Management Llc increased its stake in Fluor Corp (FLR) by 83.52% based on its latest 2017Q3 regulatory filing with the SEC. The stock has "Buy" rating by Canaccord Genuity on Wednesday, July 20. BidaskClub raised Intuitive Surgical from a "buy" rating to a "strong-buy" rating in a report on Thursday, January 11th. (more...)
Denver among 20 cities on Amazon HQ shortlist Denver among 20 cities on Amazon HQ shortlist
- January 18, 2018

HQ2 is expected to bring 50,000 new jobs and at least $5 billion in construction. Amazon says its investments in the city from 2010-16 resulted in $38 billion to Seattle's economy. "ORCRP017299-topic.html" class="local_link" >Motorola Solutions campus in Schaumburg, where Zurich North America recently built a new headquarters. The request set off a land rush that saw cities offering to rename themselves (Stonecrest, Ga.), ship a cactus (Tucson) and build giant Amazon boxes throughout ... (more...)
Police in GA detail capture of Enfield fugitive Police in GA detail capture of Enfield fugitive
- January 18, 2018

Marshals Service acted on a tip they got, officials said. Mercado, 25, who was convicted in a 2016 burglary, escaped from the Carl Robinson Correctional Institution on January 7, prompting a 10-day multiagency search. Connecticut Police called Mercado a "low-risk offender" but cautioned the public to be on the lookout for any potential sightings. A tip led U.S. (more...)
Nestle Unveils KitKat Made of New Type of 'Ruby' Chocolate in S Nestle Unveils KitKat Made of New Type of 'Ruby' Chocolate in S
- January 18, 2018

Ruby KitKats will be initially sold in Japan and South Korea before being rolled out to the United Kingdom and other countires. "It tastes ruby." said Bas Smit, Marketing Director at Barry Callebaut of the chocolate that is characterized by a natural pink color, and a flavor of berries, both achieved without the use of additives. (more...)
Janus Henderson Group PLC Boosts Position in Alcoa Corp (AA) Janus Henderson Group PLC Boosts Position in Alcoa Corp (AA)
- January 18, 2018

The stock increased 1.20% or $0.6 during the last trading session, reaching $50.5. State Board of Administration of Florida Retirement System now owns 220,201 shares of the industrial products company's stock valued at $10,266,000 after purchasing an additional 2,790 shares in the last quarter. (more...)
Cheniere Signs 15-year LNG Supply Pact with Trafigura Cheniere Signs 15-year LNG Supply Pact with Trafigura
- January 18, 2018

Analysts await Cheniere Energy, Inc . Steadfast Capital Management LP now owns 2,741,466 shares of the energy company's stock worth $133,537,000 after purchasing an additional 839,724 shares during the period. (NYSE:JPM) has risen 33.74% since January 17, 2017 and is uptrending. ILLEGAL ACTIVITY NOTICE: " Cheniere Energy, Inc ". Advisory Lc holds 1,618 shares. (more...)
France scraps new airport project amid long-standing protests France scraps new airport project amid long-standing protests
- January 18, 2018

French Security forces were being deployed to the region around Nantes. France's prime minister says that the government has decided against building an airport in western France that has mobilized almost a decade of sometimes violent protests and he told protesters occupying the site that they must leave. (more...)
Time Warner (NYSE:TWX) Earns "Buy" Rating from Pivotal Research
- January 18, 2018

The shares were sold at an average price of $90.03, for a total value of $2,111,203.50. Time Warner Inc. (NYSE: TWX ) has risen 36.37% since January 18, 2017 and is uptrending. Analysts await Time Warner Inc. (NYSE:TWX). Moreover, Markston Ltd Llc has 1.72% invested in Time Warner Inc. Banque Pictet And Cie Sa has invested 0.01% of its portfolio in Time Warner Inc. (more...)
The Dynamic Capital Management Ltd Buys Shares of 16289 Aflac Incorporated (AFL)
- January 18, 2018

TX reduced its holdings in shares of AFLAC Incorporated (NYSE: AFL ) by 13.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The rating was initiated by Credit Suisse with "Underperform" on Friday, October 7. As per Monday, August 21, the company rating was maintained by Leerink Swann. (more...)
Liberum Capital Reiterates Sell Rating for Debenhams (DEB)
- January 18, 2018

The firm earned "Sell" rating on Monday, February 1 by Deutsche Bank. About 1.09 million shares traded. The Berkeley Group Holdings plc (LON:BKG) has 0.00% since January 18, 2017 and is. (NYSE:HCA) has risen 7.08% since January 18, 2017 and is uptrending. 262.04 million shares or 0.29% more from 261.28 million shares in 2017Q2 were reported. (more...)
Gateway Investment Advisers LLC Sells 13827 Shares of Activision Blizzard, Inc. (ATVI)
- January 18, 2018

It has outperformed by 31.13% the S&P500. Finally, Yorktown Management & Research Co Inc bought a new stake in Activision Blizzard during the second quarter worth approximately $201,000. Goldman Sachs maintained NextEra Energy, Inc. (NYSE:KR) earned "Outperform" rating by Oppenheimer on Monday, March 7. Robert W. Baird maintained the stock with "Hold" rating in Monday, October 23 report. (more...)
The Hype Behind 8×8, Inc. (EGHT), Akers Biosciences, Inc. (AKER) The Hype Behind 8×8, Inc. (EGHT), Akers Biosciences, Inc. (AKER)
- January 18, 2018

Company has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.40. The median estimate represents a +2,081.02% increase from the last price of 0.18. This is a problem for day traders and it could mean the difference between a profitable and non-profitable trade. The company has volume of 12.23 Million shares. (more...)
Stamp duty changes fail to revive housing market: RICS Stamp duty changes fail to revive housing market: RICS
- January 18, 2018

Nearly nine out of 10 surveyors reported no response from first-time buyers in December, after the government slashed liability for the tax by up to £5,000 at the end of November. Northern Ireland respondents indicated that prices here continued on an upward curve in December, and local surveyors remain amongst the most optimistic in the United Kingdom regarding the near-term price outlook. (more...)
Emirates Orders 20 Airbus A380s Worth $9 Billion Emirates Orders 20 Airbus A380s Worth $9 Billion
- January 18, 2018

The commercial chief of Airbus , John Leahy, advanced this Monday that if no new orders arrive, y will stop manufacturing it. Emirates is already the world's biggest customer for the A380 with 101 in its fleet and 41 more firm orders previously placed. (more...)
Duke Energy Corp (NYSE:DUK) Shares Sold by Beacon Financial Group
- January 18, 2018

On Wednesday, January 25 the stock rating was initiated by Credit Suisse with "Neutral". Royal Bank of Canada reissued a "buy" rating and issued a $87.00 price target on shares of Duke Energy in a research note on Tuesday, November 7th. The Company's segments include Regulated Utilities , International Energy and Commercial Portfolio. It has a 79.46 P/E ratio. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, ... (more...)
What's Next for Marathon Petroleum Corporation (MPC) After Reaching All-Time High?
- January 18, 2018

A number of equities analysts have commented on MRO shares. Marathon Petroleum Corp had 68 analyst reports since August 10, 2015 according to SRatingsIntel. Edward Jones raised Marathon Petroleum from a "hold" rating to a "buy" rating in a research report on Friday, October 6th. If the $78.46 PT is reached, the company will be worth $3.16B more. (more...)
Fastenal (FAST) Posts Earnings Results, Beats Expectations By $0.08 EPS
- January 18, 2018

LH's profit would be $244.32M giving it 17.88 P/E if the $2.40 EPS is correct. The stock increased 2.27% or $0.45 during the last trading session, reaching $20.3. (NYSE:MTW). 59,156 are owned by Legal And General Gru Public Limited Company. Commonwealth Bank of Australia boosted its holdings in Fastenal by 44.9% in the second quarter. (more...)
GKN takes aim at Melrose's GKN takes aim at Melrose's "misleading" comments
- January 18, 2018

Melrose pounced on GKN after problems at the firm's aerospace division led to profit warnings in October and November, sparking a sharp share price fall. GKN, which is now valued at 7.7 billion pounds, also said it is a significantly larger business than any which Melrose, which has a market capitalisation of around 4.6 billion pounds, has acquired in the past. (more...)
Consumption rebound lifts HUL net 28% in Q3 Consumption rebound lifts HUL net 28% in Q3
- January 18, 2018

However, the company could not pass on the entire benefit of this rate reduction to customers on its old stocks during this transition. Commenting on the performance for the quarter, HUL Chairman Harish Manwani said: "We remain positive about the mid-term outlook of the industry and will continue to invest strongly in our core brands and developing categories of the future". (more...)
Wells Fargo & Company (WFC): Scrutinizing the Chart Wells Fargo & Company (WFC): Scrutinizing the Chart
- January 18, 2018

Ironwood Investment Counsel LLC now owns 11,515 shares of the financial services provider's stock valued at $635,000 after buying an additional 2,572 shares in the last quarter. Bp Public Lc invested in 32,000 shares or 0.06% of the stock. Nebraska-based Lawson Kroeker Invest Mngmt Inc Ne has invested 0.57% in Wells Fargo & Company (NYSE:WFC). (more...)
Chelsea 2-0 Brighton, Premier League Chelsea 2-0 Brighton, Premier League
- January 18, 2018

The Italian boss added: "There is this great link between him and Alvaro". In a game where Albion found themselves on the back foot for the most part, it took 54 minutes for them to register a first effort on goal , with Davy Propper's weak volley comfortably collected by Thibaut Courtois. (more...)
Whitbread sales slow on Costa decline but break-up speculation lifts shares Whitbread sales slow on Costa decline but break-up speculation lifts shares
- January 18, 2018

The Costa Coffee and Premier Inn owner's stock is outperforming the benchmark FTSE 100 index which now stands 0.30 percent lower at 7,702.55 points. Premier Inn hotels achieved 5.5% growth and its restaurants 3.5% growth for 5.0% growth for the business as a whole. Yesterday Reuters reported that the hedge fund had pushed management to consider the move. (more...)
Australian jobs growth hits a 12-year high, 2017 adds 400000 jobs Australian jobs growth hits a 12-year high, 2017 adds 400000 jobs
- January 18, 2018

Australian jobs growth reached a 12-year high in December as figures reveal it is Australia's longest period of employment growth on record. The unemployment rate in Australia came in at a seasonally adjusted 5.5 percent in December, the Australian Bureau of Statistics said on Thursday. (more...)

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