Business


Rodgers Brothers Inc. Takes Position in Cisco Systems, Inc. (CSCO)
- February 08, 2018

Concho Resources Inc. (NYSE:CXO) has risen 13.53% since February 7, 2017 and is uptrending. It has underperformed by 3.50% the S&P500. Renaissance Investment Group Llc bought 4,897 shares as the company's stock rose 15.06% with the market. Nikko Asset Mgmt Americas invested in 23,000 shares. Neuberger Berman Group Inc Ltd Llc reported 2.17M shares stake. The fund owned 684,067 shares of the network equipment provider's stock after selling 13,631 shares during the period. (more...)
Procter & Gamble closing Kansas City, KS plant, affecting 280 workers Procter & Gamble closing Kansas City, KS plant, affecting 280 workers
- February 08, 2018

This story has been corrected to show that Procter & Gamble has three facilities in Iowa City, not two. The shampoo line makes Pantene and Head & Shoulder products and the dental care line produces toothbrushes and rinses for Oral B. Oral care products made in Iowa City are not a part of the shifts. The company cited efficiency and cost-cutting as factors in the move to West Virginia, describing it as a centralization of sorts. (more...)
Police end standoff with toy tiger Police end standoff with toy tiger
- February 08, 2018

I flashed my torch in the shed and saw it sitting there. "I was stone cold sober, drink had nothing to do with me thinking it was real", Grubb told The Sun . "I drove up to it with my truck, and that's when I knew it was a toy". He said that until the police are completely aware of the situation, all options have to be considered. (more...)
Are Hedge Funds Betting Against GlaxoSmithKline plc (GSK)? Are Hedge Funds Betting Against GlaxoSmithKline plc (GSK)?
- February 08, 2018

The volume of the company in the last trading session was 9.07 Million. GlaxoSmithKline plc (NYSE:GSK) produced a 4.26% rally since recording the worst price of $34.52. Moving averages can help identify trends and price reversals. Deutsche Bank AG lifted their target price on GlaxoSmithKline plc from GBX 1,700 ($21.96) to GBX 1,720 ($22.21) and gave the stock a "hold" rating in a report on Friday, May 12th. (more...)
Michael Kors feels the holiday cheer, sales surge Michael Kors feels the holiday cheer, sales surge
- February 08, 2018

The Cantab Capital Partners Llp holds 49,433 shares with $2.37 billion value, up from 7,123 last quarter. Coupled with sales of Jimmy Choo, the high-end shoemaker it bought previous year, Kors posted an increase in total revenue for the second quarter in a row. (more...)
Mercedes Joins Apology Spree to China for Dalai Lama Quote Mercedes Joins Apology Spree to China for Dalai Lama Quote
- February 08, 2018

Dalai Lama, a spiritual leader of Buddhists, is popular for his teachings on peace and compassion, as well as for supporting an autonomous Tibet. In 1959, the Dalai Lama was exiled and fled to India after a failed uprising against Chinese rule. (more...)
MA Acquires 1944 Shares of Cognizant Technology Solutions Corp (CTSH) MA Acquires 1944 Shares of Cognizant Technology Solutions Corp (CTSH)
- February 08, 2018

The stock decreased 1.94% or $0.83 during the last trading session, reaching $42. About 1.37M shares traded. Now focusing our attention on earnings data, we were able to identify that EPS consensus estimate for Cognizant Technology Solutions Corporation (NASDAQ: CTSH ) for the current quarter stands at $0.88. (more...)
Tronc To Sell Los Angeles Times, San Diego Union-Tribune Tronc To Sell Los Angeles Times, San Diego Union-Tribune
- February 08, 2018

In an interview with the Times a year ago, Soon-Shiong acknowledged that as a major stockholder, he was unhappy with the way the Los Angeles Times was being run and felt a need to ensure its survival. The two-paper deal would cost Soon-Shiong $500 million, according to reports published Tuesday by the Washington Post and the L.A. Times . A biotech billionaire is "close" to buying the Los Angeles Times , according to reports in the United States media. (more...)
After lower open, US stocks bounce back after Monday plunge After lower open, US stocks bounce back after Monday plunge
- February 08, 2018

Though many stock indexes are close to where they started the year, the losses mark a reversal of fortune following a sustained period of gains, a pullback that some market pros have been predicting for some time. Inflation could end up being higher than expected, which could lead the Fed and other global central banks to raise the short-term rates they control faster than investors had been expecting. (more...)
Dow Jones Regains Some Losses, Closes Up More Than 500 Points Dow Jones Regains Some Losses, Closes Up More Than 500 Points
- February 08, 2018

Monday saw the Dow's largest-ever points drop, prompting nearly as much nervousness in the White House as it did on the New York Stock Exchange. Boeing and Walmart were the best-performing stocks in the index, rising more than 3 percent. So, with this being a normal response in the stock market , Patrick said investors should play the long game, and for those that have not invested in the stock market, now may be good time to do so. (more...)
First Republic Investment Management Inc. Reduces Position in Merck & Co., Inc. (MRK)
- February 08, 2018

Bank Of Hawaii who had been investing in Merck & Co Inc for a number of months, seems to be less bullish one the $150.91B market cap company. Stock value has moved between $44.61 - 63.14 in last one year. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. The market capitalization of the company is $155.85 Billion. (more...)
Gig economy workers to get improved employment rights Gig economy workers to get improved employment rights
- February 08, 2018

The Taylor Review said that the current approach to employment is successful but that we should build on that success, in preparing for future opportunities. The Government seeks to ensure fairness by providing all 1.2 million agency workers with a clear breakdown of who pays them and any costs or charges deducted from their wages and is considering repealing laws allowing agencies to employ workers on cheaper rates, namely the Swedish Derogation under the Agency Workers Regulations. (more...)
First Merchants Corp Sells 300 Shares of NVIDIA Co. (NASDAQ:NVDA)
- February 08, 2018

NVIDIA Corporation (NVDA ) augmented 5.56% to strike $225.58 in the Tuesday trading session. It has outperformed by 195.58% the S&P500. First Quadrant Lp Ca accumulated 384,952 shares or 0.42% of the stock. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned "Neutral" rating by JP Morgan on Tuesday, October 11. The company is expected to report earnings of $1.16 a share for the next quarter. (more...)
The Hain Celestial Group, Inc. (NASDAQ:HAIN) Pressured Under Trend Lines The Hain Celestial Group, Inc. (NASDAQ:HAIN) Pressured Under Trend Lines
- February 07, 2018

Meta Financial Group Inc (NASDAQ:CASH) has risen 72.00% since February 6, 2017 and is uptrending. It has underperformed by 8.43% the S&P500. Black Creek Investment Management Inc increased its stake in Hain Celestial Group Inc ( HAIN ) by 73.09% based on its latest 2017Q3 regulatory filing with the SEC. (more...)
'Ladki Milgayi!' Salman Khan Finally Found a Girl 'Ladki Milgayi!' Salman Khan Finally Found a Girl
- February 07, 2018

Aayush, who is married to Salman's sister Arpita, also shared on social media, "Time to welcome an important member to the #Loveratri family - Warina!" It was also rumoured that Katrina Kaif's sister Isabelle Kaif was supposed be the lead in this film. (more...)
Aam Aadmi Party alleges Manohar Parrikar government behind Goa mining lease renewal Aam Aadmi Party alleges Manohar Parrikar government behind Goa mining lease renewal
- February 07, 2018

The Supreme Court (SC) on Wednesday quashed 88 iron ore mining leases in Goa for violating the environmental norms. The apex court said it was "unfortunate" that the sole motive of mining lease holders behind the commercial activity was profit maximisation and there was no social or public goal attached to it. (more...)
Trump condemns Illegal Immigration following death of Edwin Jackson Trump condemns Illegal Immigration following death of Edwin Jackson
- February 07, 2018

When the driver pulled over, he and Jackson were struck by a auto and killed by an immigrant from Guatemala. Indiana State Police identified the driver of an F-150 truck in the incident as Manuel Orrego-Savala, 37, a Guatemalan citizen in the US illegally who had been deported in 2007 and 2009. (more...)
Twenty-First Century Fox, Inc. (FOXA)- Stocks Difficult to Chew Analyst Recom Twenty-First Century Fox, Inc. (FOXA)- Stocks Difficult to Chew Analyst Recom
- February 07, 2018

The Coca-Cola Company is a beverage company. The company has market cap of $16.65 billion. The stock decreased 0.64% or $0.31 during the last trading session, reaching $47.28. 101 funds opened positions while 417 raised stakes. Wealth Architects Ltd Co stated it has 0.15% of its portfolio in The Coca-Cola Company (NYSE:KO). (more...)
Navios Maritime Acquisition Corporation (NNA) Stock Price Hits 1 Year Low Today
- February 07, 2018

The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 4, 2017 and is uptrending. It has underperformed by 20.87% the S&P500. Navios Maritime Midstream Partners ( NYSE NAP ) traded down $0.01 during trading hours on Friday, hitting $10.10. (more...)
Chipotle Mexican Grill (CMG) PT Lowered to $410.00 at Maxim Group Chipotle Mexican Grill (CMG) PT Lowered to $410.00 at Maxim Group
- February 07, 2018

About 1.99 million shares traded or 25.81% up from the average. The Home Depot, Inc. (NASDAQ:ENSG) has declined 7.08% since February 7, 2017 and is downtrending. Cowen & Co maintained RPC, Inc. (NYSE:RES) rating on Friday, November 10. The stock of EMIS Group plc (LON:EMIS) earned "Hold" rating by N+1 Singer on Thursday, March 16. (more...)
'Global stocks rout, LTCG main factors for mkt mayhem' 'Global stocks rout, LTCG main factors for mkt mayhem'
- February 07, 2018

The last week's budget proposal of 10 per cent long-term capital gains (LTCG) tax on equities and overshooting of fiscal deficit target also quashed investor optimism. The market breadth is very weak. RBI in a fix, market eyes rate hike amid confidence crisis The Reserve Bank of India's job as the government's debt manager just got harder after the federal budget unveiled a near-record $95 billion borrowing plan in the coming fiscal year. (more...)
Seattle Genetics, Inc. (SGEN): Examining the Technicals
- February 07, 2018

Baillie Gifford & Communications holds 1.06% or 15.41 million shares. Seattle Genetics (NASDAQ: SGEN ) released its earnings results on Tuesday. It has underperformed by 53.37% the S&P500. It also increased its holding in Sinclair Broadcast Group Inc (NASDAQ:SBGI) by 250,000 shares in the quarter, for a total of 400,000 shares, and has risen its stake in Ishares Tr (HYG). (more...)
Amalgamated Bank Purchases 4227 Shares of AbbVie Inc (ABBV)
- February 07, 2018

It has underperformed by 16.70% the S&P500. Spark Therapeutics, Inc. dipped to as low as $51.55 throughout the day and has returned 7.1% in this year. Moreover, Coho Ptnrs Ltd has 0.01% invested in AbbVie Inc. (NYSE:FCB). Alliancebernstein LP owns 221,085 shares for 0.01% of their portfolio. Spark Therapeutics, Inc.is given 4 buy-equivalent recommendations, 1 sells and 4 holds. (more...)
Economic Buzz: EU Raises Eurozone Growth Outlook
- February 07, 2018

The main engine of growth this year and in 2019 will continue to be strong domestic demand, while the trade balance, which showed a surplus in 2016 before turning to deficit last year, is expected to turn positive again in 2019. The Commission, the EU's executive arm, also said that Irish inflation remains subdued and is forecast to pick up only gradually. The European Union economy as a whole is set to beat expectations, with robust growth of 2.3%, up from a forecast of 1.9% in ... (more...)
Tesco facing £4 billion bill over equal pay legal challenge Tesco facing £4 billion bill over equal pay legal challenge
- February 07, 2018

It said the underpayment of workers could apply to in excess of 200,000 Tesco employees, with estimated pay shortfalls that could reach £20,000, the final bill for Tesco could be as high as £4bn. The disparity between pay for the two roles could see a full-time distribution worker earning more than £100 a week - £5,000 a year - more than shop workers. (more...)

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