Business


Pink Announces New Album 'Beautiful Trauma' Pink Announces New Album 'Beautiful Trauma'
- August 10, 2017

Beautiful Trauma marks Pink's seventh album, and her first in five years following The Truth About Love , which dropped in September 2012. Lead single " What About Us " was co-written with Snow Patrol's Johnny McDaid and produced by Steve Mac . (more...)
Macy's sales fall for 10th quarter in a row Macy's sales fall for 10th quarter in a row
- August 10, 2017

Kohl's same-store sales retreated 0.4% in its latest quarter, less than the 2.7% decline in the first quarter and the 1.5% expected by analysts. Although Macy's Inc. On a reported basis, Macy's Q2 2017 earnings per share rose to 38 cents from 3 cents per share in the year-ago quarter. The department store operator also affirmed its full-year outlook for sales to be down by 3.2% to 4.3%. (more...)
Glencore Turns To Profit In H1 Glencore Turns To Profit In H1
- August 10, 2017

The increases were primarily driven by higher commodity prices. Glencore has already inked some deals, including last month agreeing to pay US$1.1 billion plus royalties for a large stake in a Australian coal mine. The company is the world's biggest producer of cobalt, a key commodity in the lithium-ion batteries that power electric vehicles and mobile phones. (more...)
Boys and Girls Clubs receives grant to start awards program Boys and Girls Clubs receives grant to start awards program
- August 10, 2017

A nice space for them to come in and work with their mentors". According to district data, 134 high school students have dropped out of the La Crosse School District during the past five years. Shasta. "We can't do it alone". The grant provided much-needed updates in equipment and supplies for the Club's Gamesroom which is the central hub for kids to learn about teamwork, leadership and participate in physical activities. (more...)
Why Chicago Bridge & Iron Company NV (CBI) Stock Is Plunging Today Why Chicago Bridge & Iron Company NV (CBI) Stock Is Plunging Today
- August 10, 2017

During the same quarter in the previous year, the company posted $1.01 earnings per share. First Trust Advisors LP boosted its position in shares of Chicago Bridge & Iron Company N.V.by 9,464.8% in the first quarter. The firm has a 50 day moving average price of $17.19 and a 200-day moving average price of $26.78. Among 14 analysts covering Chicago Bridge & Iron Company (NYSE: CBI ), 7 have Buy rating, 2 Sell and 5 Hold. (more...)
Elon Musk: Falcon Heavy November Lift-Off (Probably) a Go Elon Musk: Falcon Heavy November Lift-Off (Probably) a Go
- August 10, 2017

Falcon Heavy was designed from the outset to carry humans into space and restores the possibility of flying missions with crew to the Moon or Mars. In his post , Musk shows a video simulation of the launch with the caption: "First draft animation of the Falcon Heavy three core launch". (more...)
Fired Google employee claims 'lack of ideological diversity has hurt our products' Fired Google employee claims 'lack of ideological diversity has hurt our products'
- August 10, 2017

Google regularly holds town hall meetings but this one is expected to be a little different in light of the recent memo post. "It was only after it got viral that upper management started shaming me and eventually firing me". But Google's response to people who questioned programs that provide additional support to women and minorities, he said, was repressive. He said Google should: "de-moralize diversity", "stop alienating conservatives", "confront Google's biases", "stop ... (more...)
Altice weighing bid for Charter Communications, sources say Altice weighing bid for Charter Communications, sources say
- August 10, 2017

According to the report, Altice has yet to formally present any offer, but is working on a bid. Altice USA's initial public offering in June was viewed as a means for Drahi to expand his US cable empire by giving the company public stock it can use as currency for acquisitions. (more...)
Investors Buy Large Volume of Barrick Gold Corporation Put Options (ABX)
- August 10, 2017

Jefferies Group LLC raised their target price on Barrick Gold Corporation from $21.00 to $24.00 and gave the company a "buy" rating in a report on Wednesday, April 19th. The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be issued a $0.03 dividend. (more...)
A Look at Valuation For Shares of Medidata Solutions Inc (MDSO)
- August 10, 2017

Presently, First Trust Tactical Bond Index ETF (FTB.TO)'s Williams Percent Range or 14 day Williams %R is resting at -59.38. The RSI value will always move between 0 and 100. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. Traders are paying renewed attention to shares of Sachem Capital Corp (SACH). (more...)
Flood alerts in place as heavy rain lashes parts of England
- August 10, 2017

Dan Holley, meteorologist for Norwich-based Weatherquest, said the heavy rain started before dawn on the north Norfolk coast and was moving slowly down towards the south. 'In addition, flooding of homes and businesses is possible. "Most of the United Kingdom, apart from the very top and the very, very far east, is going to see a fine, clear day with plenty of sunshine, nice and warm, a typical summer's day", she said. (more...)
Morgan Stanley Has $8.79 Million Position in MBIA, Inc. (NYSE:MBI)
- August 10, 2017

First Midwest National Bank & Trust Trust Division has 91,170 shares. Over the past five trading sessions shares of MBIA Inc . Parametric Portfolio Associates LLC now owns 714,510 shares of the insurance provider's stock valued at $6,052,000 after buying an additional 139,455 shares during the period. (more...)
The Recent Research Analysts' Ratings Updates for Colony Starwood Homes (SFR) The Recent Research Analysts' Ratings Updates for Colony Starwood Homes (SFR)
- August 10, 2017

Norges Bank acquired a new position in Colony Starwood Homes during the fourth quarter worth $16,624,000. Raymond James Financial, Inc. started coverage on Colony Starwood Homes in a research note on Tuesday, July 11th. The company had revenue of $154.40 million during the quarter, compared to the consensus estimate of $153.39 million. On average, equities research analysts forecast that Invitation Home Inc. (more...)
Disney and Netflix to part ways in light of new streaming service
- August 10, 2017

Iger also said Tuesday that Disney was still weighing how to make its Marvel and Star Wars feature films available to streaming services in the coming years - and whether Marvel and Star Wars might each get its own proprietary service. (more...)
Mimecast Ltd (MIME) Just Recorded A Sigfniciant Increase Mimecast Ltd (MIME) Just Recorded A Sigfniciant Increase
- August 10, 2017

Crow Point Partners LLC purchased a new position in Mimecast Limited during the second quarter worth approximately $281,000. Several other equities analysts have also recently issued reports on the company. The firm's 50-day moving average price is $26.85 and its 200 day moving average price is $23.77. Mimecast Limited (NASDAQ:MIME) last issued its quarterly earnings data on Monday, August 7th. (more...)
United Kingdom industrial output rises on North Sea oil bump United Kingdom industrial output rises on North Sea oil bump
- August 10, 2017

Year-on-year, production was up 0.3 per cent in June following a decline the previous month. Year-on-year, industrial production unexpectedly rose by 0.3% in June, better than expectations for a 0.1% decline and following the 0.2% decrease registered a month earlier. (more...)
Kindred Healthcare Inc (NYSE:KND) Institutional Investor Sentiment
- August 10, 2017

Several other research firms also recently weighed in on KND. (NASDAQ:ADMS), its shares were trading at $16.42 a retreat of $-0.4, on the trading floor. Nisa Investment Advisors LLC's holdings in Kindred Healthcare were worth $615,000 at the end of the most recent reporting period. The stock has "Outperform" rating by RBC Capital Markets on Monday, March 7. (more...)
Suspects set off firework, flare in Florida Wendy's Suspects set off firework, flare in Florida Wendy's
- August 10, 2017

Authorities are looking for a group of suspects who tossed a firework into a Deerfield Beach Wendy's, startling a worker and causing damage to a wall. Officials in Deerfield Beach, Florida said the "Roman candle type firework" left a 7-inch hole in the base of the wall. Some of the suspects were wearing T-shirts, and others were shirtless as they fled north through the restaurant's parking lot. (more...)
Continental Resources, Inc. (CLR) Position Boosted by Essex Investment Management Co. LLC Continental Resources, Inc. (CLR) Position Boosted by Essex Investment Management Co. LLC
- August 10, 2017

About 3,000 shares traded. Biogen Inc (NASDAQ:BIIB) has risen 4.94% since August 8, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Total shares held by institutions as of the most recent company filings are 81,680,778 with a reported 11,514,352 bought and 5,778,705 sold. The stock has "Buy" rating by Sandler O'Neill on Monday, March 28. (more...)
Time To Rake In Healthy Returns From Hertz Global Holdings, Inc. (HTZ) Time To Rake In Healthy Returns From Hertz Global Holdings, Inc. (HTZ)
- August 10, 2017

The company is expected to report EPS as high as $3.47 and as low as $-0.06 per share. Finally, Barclays PLC downgraded Hertz Global Holdings from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $17.34 to $9.00 in a research note on Monday, July 31st. (more...)
Aadhaar may be made mandatory for buying shares and mutual funds Aadhaar may be made mandatory for buying shares and mutual funds
- August 10, 2017

According to two people familiar with the development, the government feels that the Personal Account Number (PAN) may not be enough to plug tax leaks in financial markets. The ministry further said that if Aadhaar number of the deceased is not available then the family must give a written undertaking explaining that to the best of their knowledge the are not in possession of the deceased Aadhaar number. (more...)
KCG Holdings Inc. Sells 29802 Shares of Cenovus Energy Inc (CVE)
- August 10, 2017

Trading was heavy with 4,471K shares changing hands by the end of trading on Wednesday. Montgomery Investment Management Inc.'s holdings in Cenovus Energy were worth $665,000 at the end of the most recent quarter. Next quarter's EPS is expected be $0.09 and the next full year EPS is projected to be $0.31. As of the latest earnings report the EPS was $2.36 and is expected to be $0.37 for the current year with 1,228,790,000 shares now outstanding. (more...)
Blue Apron Rises After Revenue Beats Forecasts Blue Apron Rises After Revenue Beats Forecasts
- August 10, 2017

Blue Apron posted revenue of $795.4 million for 2016, more than double its level the year before. Blue Apron went public on the New York Stock Exchange in late June, but its shares have since languished, falling almost 40 percent amid concerns over e-commerce giant Amazon .com Inc's recent moves in the grocery and meal-kit segments. (more...)
Investors seek safety as N. Korea tension escalates; stocks off, gold up Investors seek safety as N. Korea tension escalates; stocks off, gold up
- August 10, 2017

The mood then hit Europe, where Frankfurt's DAX dropped 1.1% and the CAC-40 in Paris fell 1.4%. The S&P hasn't moved more than 0.5 percent in one day since July and has fallen more than 1 percent only twice this year. Mr Trump on Wednesday took to Twitter to boast about the USA nuclear arsenal, while Secretary of State Rex Tillerson tried to inject calm into the situation, reassuring the American public that there was no imminent threat. (more...)
Lego Replaces CEO After Eight Months to Further Digital Ambitions Lego Replaces CEO After Eight Months to Further Digital Ambitions
- August 10, 2017

Mr Padda, who had been with Lego for 15 years and was its first British chief executive, will remain with Lego as a special adviser. At the end of previous year, when longstanding Lego chief executive Jorgen Vig Knudstorp vacated the position to head up the new Lego Brand Group umbrella company, chief operations officer Bali Padda was installed in the toy company's CEO space. (more...)