Business


Korean shares open lower on heightened tensions over N. Korea
- August 09, 2017

On Wednesday, North Korea's military said it is considering missile strikes near Guam , warning that it is ready to stage all-out war if Washington launches a preventive war against it. CMC Markets' chief market analyst Michael Hewson says in his morning markets email on Wednesday: "US markets underwent a bit of a roller-coaster session yesterday with the Dow and S&P500 once again hitting new record highs, as the Dow looked to close at a record for the 10th day in succession before rolling ... (more...)
Krispy Kreme turning original glaze to chocolate for eclipse Krispy Kreme turning original glaze to chocolate for eclipse
- August 09, 2017

Kripsy Kreme is officially getting in on the Solar Eclipse craze. Customers can also stop by participating shops during Hot Light hours on Saturday, August 19 and Sunday, August 20 for an early taste of the doughnuts. MORE: How do they make glazed donuts? For the first time ever, Krispy Kreme donuts will come down the line covered in a "mouth-watering chocolate glaze". (more...)
North Korea's talk of revenge is no threat - Guam governor North Korea's talk of revenge is no threat - Guam governor
- August 09, 2017

The story, a scoop from Fox's Pentagon reporter Lucas Tomlinson , cited anonymous U.S. defence officials as saying "North Korea is not showing any evidence it plans to halt its missile tests", and describing "a trend that does not bode well for hopes of de-escalating tensions on the [Korean] peninsula". (more...)
Guam's governor: 'There is no threat' but American island 'will be defended' Guam's governor: 'There is no threat' but American island 'will be defended'
- August 09, 2017

The North Korean army said in a statement distributed on Aug 9 by the state-run news agency that it was studying a plan to create an "enveloping fire" in areas around Guam with medium- to long-range ballistic missiles. "We are not just a military installation", he said. The Pacific Air Force also said the drills with South Korea and Japan demonstrate solidarity among the three parties to "defend against provocative and destabilizing actions in the Pacific theater". (more...)
Gray Television +8.1% after record Q2 revenues, profits
- August 09, 2017

Micawber Capital, LLC owns 142,577 shares with a value of $1,953,000. EXCO Resources Inc (XCO) formed wedge down with $1.42 target or 8.00% below today's $1.54 share price. The Company owns and operates television stations and digital assets in various markets across the United States. It has a 38.57 P/E ratio. (NASDAQ: GTN ), 4 rate it "Buy", 2 "Outperform", 0 "Underperform", 0 "Sell", while 0 "Hold". (more...)
Stock Exchanging Hands at a Rapid Volume Today: Microsoft Corporation (NASDAQ:MSFT)
- August 09, 2017

It has underperformed by 16.70% the S&P500. Klingenstein Fields & Co Llc decreased Microsoft Corp ( MSFT ) stake by 10.75% reported in 2016Q4 SEC filing. On Tuesday, November 10 the stock rating was maintained by Piper Jaffray with "Overweight". Hudson Valley Investment Advsr Adv holds 2.64% in Microsoft Corporation (NASDAQ:MSFT) or 144,189 shares. (more...)
Clear Channel Outdoor Holdings, (NYSE:CCO) Sees Significantly Higher Trading Volume Clear Channel Outdoor Holdings, (NYSE:CCO) Sees Significantly Higher Trading Volume
- August 09, 2017

Amc Networks Inc now has $4.15 billion valuation . Investors might be trying to figure out how to play the stock market at current levels. Shares of Clear Channel Outdoor Holdings ( CCO ) opened at 4.95 on Wednesday. The rating was initiated by Loop Capital with "Hold" on Tuesday, January 10. On February 17, 2016 the stock rating was rated "Sell" by Topeka Capital which is down from the previous "Buy" rating. (more...)
Brokerages Set Freeport-McMoran, Inc. (FCX) Price Target at $12.72
- August 09, 2017

On July 12 the company was changed to a "Sell" by Berenberg down from the previous "Sell" rating . Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since August 7, 2016 and is uptrending. (NASDAQ:EA). Palo Inc has invested 0.88% in Electronic Arts Inc. Nationwide Fund accumulated 337,315 shares. Royal Bank & Trust Of Canada reported 151,478 shares. (more...)
OLD National Bancorp IN Decreases Position in Cognizant Technology Solutions Corporation (CTSH) OLD National Bancorp IN Decreases Position in Cognizant Technology Solutions Corporation (CTSH)
- August 09, 2017

Everest Re Group Ltd now has $10.91B valuation. The stock decreased 0.27% or $0.22 during the last trading session, reaching $81.79. About 523,081 shares traded. Commerzbank Aktiengesellschaft decreased Banco Santander Sa (NYSE:SAN) stake by 708,329 shares to 37,053 valued at $192,000 in 2016Q4. Balyasny Asset Ltd Liability Com holds 0.14% or 464,807 shares in its portfolio. (more...)
Regulator sets out Brexit risks Regulator sets out Brexit risks
- August 09, 2017

In a letter to Nicky Morgan, the Conservative MP and new head of the Treasury select committee, BoE deputy governor Sam Woods said the objectives of the Prudential Regulation Authority (PRA), would face a serious threat as the Bank deals with the process of taking the United Kingdom out of the 28-country bloc. (more...)
US, allies slow Beijing's South China Sea momentum US, allies slow Beijing's South China Sea momentum
- August 09, 2017

Philippine Foreign Secretary Alan Peter Cayetano met with North Korean Foreign Minister Ri Yong-Ho on North Korea's missile tests, the Philippines said Monday, August 7. The United States, Australia and Japan immediately weighed in, urging China and ASEAN "to ensure that the code of conduct be finalized in a timely manner, and that it be legally binding, meaningful, effective, and consistent with worldwide law". (more...)
Worldpay agrees £9.3bn merger with Vantiv Worldpay agrees £9.3bn merger with Vantiv
- August 09, 2017

The combined company will be valued at £22.2 billion or $28.8 billion. After the granting of an extension on Monday, both companies have now reached a deal for Vantiv to pay 55 pence in cash and 0.0672 of a new Vantiv share for each Worldpay share held. (more...)
Delta Natural Gas Company, Inc. (NASDAQ:DGAS) Sees Significantly Lower Trading Volume
- August 09, 2017

It also holds leases for the storage of natural gas under approximately 8,000 acres located in Bell County, Kentucky. A number of equities research analysts have issued reports on NWN shares. The value of the investment in Natural Gas Services Group, Inc decreased from $2,327,000 to $2,234,000 decreasing 4.0% quarter to quarter. Also, CEO David A. (more...)
Ofcom asked to look at Fox/Sky deal once again Ofcom asked to look at Fox/Sky deal once again
- August 09, 2017

It said it wanted some clarification following a number of representations that has been made to it about Ofcom's finding in favor of the deal. Just over two months after British culture secretary Karen Bradley cited competition, not editorial concerns, in her decision over the deal following a review by media regulator Ofcom, she is now seeking further advice from the regulator after she received "new evidence and comments". (more...)
Sales slow as shoppers tighten their belts Sales slow as shoppers tighten their belts
- August 09, 2017

Figures from the British Retail Consortium and KPMG showed that like-for-like sales grew by 0.9% in July, down from the 1.1% growth seen in the same month past year. Non-food retailers would continue to struggle, she said. BRC chief executive Helen Dickinson said: "Smartphones are increasingly becoming the dominant device for online browsing and therefore the main contributor to this growth". (more...)
Prime Minister demands explanation on soaring energy price Prime Minister demands explanation on soaring energy price
- August 09, 2017

Australian Prime Minister Malcolm Turnbull on Wednesday launched a crackdown on the nation's major energy companies, announcing new consumer protection measures to prevent customers from being ripped off. "We know that, for example, the gap between the best and worst offers that a household can have can range from $900 to $1,500 a year depending on the household". (more...)
Devon Energy Corporation (DVN) Getting Somewhat Positive News Coverage, Accern Reports
- August 09, 2017

Factory Mutual Insur stated it has 0.59% of its portfolio in Devon Energy Corp (NYSE:DVN). Institutional investors now hold around $13.83 billion or 79.3% in DVN stock. Next quarter's EPS is forecasted to be $0.49 with next year's EPS anticipated to be $2.06. Analysts expect that Devon Energy Corporation will post $1.64 EPS for the current year. (more...)
BHP Billiton Limited (NYSE:BHP) Stock Rating Upgraded by Zacks Investment Research
- August 09, 2017

The company's stock had a trading volume of 1,803,361 shares. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since August 8, 2016 and is uptrending. The rating was upgraded by Morgan Stanley to "Overweight" on Wednesday, January 13. The rating was downgraded by Roth Capital to "Neutral" on Monday, August 3. (more...)
Asean, Beijing to endorse framework for South China Sea disputes Asean, Beijing to endorse framework for South China Sea disputes
- August 09, 2017

The Philippines plays host as this year's chairman of the Association of Southeast Asian Nations, or ASEAN . An unwieldy bloc of democracies, monarchies and authoritarian regimes, the regional grouping decides by consensus, meaning just one member state can shoot down any proposal. (more...)
Royal Bank of Canada (RY) Analysts See $1.84 EPS
- August 09, 2017

Several other institutional investors also recently modified their holdings of the stock. FMR LLC increased its position in shares of Royal Bank Of Canada by 1.9% in the first quarter. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.68%. Royal Bank Of Canada's payout ratio is now 49.36%. ILLEGAL ACTIVITY WARNING: This report was first reported by Week Herald and is the sole property of of Week Herald. (more...)
Akshay Oberoi turns down 'Fanney Khan' opposite Aishwarya Rai Bachchan Akshay Oberoi turns down 'Fanney Khan' opposite Aishwarya Rai Bachchan
- August 09, 2017

In an interview with BollywoodLife, the Mubarakan actor said, " The most exciting part is she (Aishwarya) is not opposite me. And then the latter was allegedly threatened by a drunk Salman to stay away from the actress. A source told a leading daily, "Akshay Oberoi was approached for the film". What can be the reason behind no-so-popular actor refusing to work with the gorgeous lady? "Now, they are still hunting for a young actor". (more...)
Hong Kong stocks fall as North Korea tensions escalate
- August 09, 2017

The won sank around 0.8 per cent to 1,134.4 to the United States dollar, its weakest since July 14. Top automaker Hyundai Motor was up 1.39 percent to 146,000 won, and top steelmaker POSCO advanced 0.59 percent to 339,500 won. and North Korea. S&P 500 futures are down 0.24%, Nasdaq futures are down 0.27%, and Dow 30 futures are down 0.15%. Kim Ye-eun, an analyst at Cape Investment & Securities, said North Korea risks are to blame for the decline in the main index. (more...)
Indians celebrate 75th anniversary of Quit India Movement Indians celebrate 75th anniversary of Quit India Movement
- August 09, 2017

Mumbai Congress will pay homage to the martyrs of freedom struggle at the August Kranti Maidan or the Gowalia Tank Maidan from where Mahatma Gandhi first made the clarion call for Quit India Movement in 1942. He said Gandhi's call to "Do or Die" changed India's Independence movement completely and sparked a never-before-sentiment that finally resulted in the country achieving freedom from the colonial British rulers. (more...)
Ctrip.com International, Ltd. (CTRP) Shares Sold by Nepsis Capital Management Inc
- August 09, 2017

Ctrip targets primarily business and leisure travelers in China who do not travel in group. Accern also assigned news stories about the company an impact score of 25 out of 100, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future. (more...)
Starbucks Unveils New Horchata Frappuccino Starbucks Unveils New Horchata Frappuccino
- August 09, 2017

More specifically, the drink is made by blending Starbucks' almond milk, cinnamon dolce syrup, and coffee with ice. Starbucks is adding another Frappuccino to its menu, and while it's not pink and sparkly (cc: Unicorn Frappuccino ), it still sounds magical. (more...)