Business


SA's economy grows 1,3% in 2017 SA's economy grows 1,3% in 2017
- March 06, 2018

The statistics agency said the economy of Africa's most industrialised country grew by 3.1 percent in the fourth quarter of 2017 after expanding by a revised 2.3 percent in the third quarter. S&P Global Ratings and Fitch already rate South African debt as "junk". The agriculture industry registered the highest growth at 37.5 percent, although the expansion was slower than in the third quarter when the sector grew 41.1 percent. (more...)
Analyst Research Roundup: Bed Bath & Beyond Inc. (BBBY), Aqua Metals, Inc. (AQMS)
- March 06, 2018

The stock of Bed Bath & Beyond Inc. Institutional investors and hedge funds own 89.63% of the company's stock. California Public Employees Retirement System now owns 759,555 shares of the retailer's stock worth $16,703,000 after purchasing an additional 112,310 shares during the period. (more...)
Acceleron Pharma (XLRN) Earns Buy Rating from Credit Suisse Group
- March 06, 2018

The stock decreased 3.15% or $1.32 during the last trading session, reaching $40.61. About 1.46M shares traded. Acceleron Pharma Inc. (NASDAQ: XLRN ) has declined 22.43% since March 4, 2017 and is downtrending. The rating was maintained by RBC Capital Markets on Thursday, November 2 with "Hold". (NASDAQ:AXTI). Bridgeway Capital Mgmt reported 0.03% of its portfolio in AXT, Inc. (more...)
(INTC) Position Boosted by Captrust Financial Advisors
- March 06, 2018

It is down 0.00% since March 5, 2017 and is. It has outperformed by 16.36% the S&P500. Acrospire Investment Management LLC increased its stake in shares of Intel by 111.8% during the 2nd quarter. The firm has "Market Perform" rating by BMO Capital Markets given on Thursday, February 8. On Friday, November 20 the stock rating was upgraded by JMP Securities to "Market Outperform". (more...)
Ruthie Ann Miles' daughter killed in auto collision Ruthie Ann Miles' daughter killed in auto collision
- March 06, 2018

She is now in critical but stable condition in the ICU at New York Presbyterian Brooklyn Methodist Hospital. Blumenstein won the 2015 Tony Award for best featured actress in a musical for her for performance as Lady Thiang in " The King and I ". (more...)
Stock Update & Outlook Report on CNX Resources Corporation (NYSE:CNX)
- March 06, 2018

The Stock now has a Weekly Volatility of 6.36% and Monthly Volatility of 5.45%. About 2.07M shares traded or 46.76% up from the average. Range Resources Corporation (NYSE: RRC ) reported its EPS in the last quarter as $0.22/Share beating the analyst estimate of $0.16/Share by a difference of $0.06. (more...)
United States seeks to delay vote in Qualcomm-Broadcom takeover United States seeks to delay vote in Qualcomm-Broadcom takeover
- March 06, 2018

That meeting was pushed back 30 days at the 11th hour by order of the Committee on Foreign Investment in the United States ( CFIUS ). Part of CFIUS' current concern, which is echoed in a letter Cornyn sent to Treasury Secretary Steve Mnuchin last week, could lie in the fact that Broadcom has failed to strike a deal with Qualcomm. (more...)
WPP's (LON:WPP) "Buy" Rating Reaffirmed at UBS Group
- March 06, 2018

Credit Suisse has "Outperform" rating and GBX 425 target. The rating was maintained by Robert W. Baird with "Hold" on Wednesday, January 3. The firm has a market capitalization of $1,100.00 and a price-to-earnings ratio of -734.59. The average twelve-month price objective among analysts that have covered the stock in the past year is GBX 1,685.73 ($23.64). Centrica PLC had 256 analyst reports since July 24, 2015 according to SRatingsIntel. (more...)
Frontier Communications workers strike in West Virginia Frontier Communications workers strike in West Virginia
- March 06, 2018

Other hedge funds and other institutional investors have also recently modified their holdings of the company . The volume of the company in the last trading session was 6.81 Million. Royal Bank of Canada restated a "sector perform" rating and set a $8.00 price target (down from $16.00) on shares of Frontier Communications in a research note on Monday, November 20th. (more...)
Vodafone's latest pack offers 56GB 2G data for Rs 299 Vodafone's latest pack offers 56GB 2G data for Rs 299
- March 06, 2018

The offers are interesting however there's a catch. The Rs 299 prepaid plan from Vodafone provides a user unlimited voice call (although with a daily/weekly limit), 1GB data per day and on the brighter side 100 SMS per day for the entire validity period. (more...)
C WorldWide Group Holding AS Lowers Stake in Puma Biotechnology Inc (PBYI)
- March 06, 2018

Nwq Investment Management Company Llc who had been investing in Macys Inc for a number of months, seems to be less bullish one the $9.26B market cap company. RBC Capital Markets maintained Puma Biotechnology, Inc. (NASDAQ:PBYI) has "Buy" rating given on Wednesday, August 9 by J.P. Morgan. The stock of Puma Biotechnology, Inc. (more...)
The Hartford Financial Services Group (HIG) Earns Media Sentiment Rating of 0.45
- March 06, 2018

The Hartford Financial Services Group, Inc is a holding company for insurance and financial services subsidiaries. (NYSE:PNC) has risen 35.14% since March 5, 2017 and is uptrending. (NYSE:PNC). Daiwa Secs Group Inc Inc holds 0.01% or 16,174 shares in its portfolio. Logan Capital Mgmt has invested 0.36% in The PNC Financial Services Group, Inc. (more...)
CEO of Japan's Kobe Steel quits after fake data scandal CEO of Japan's Kobe Steel quits after fake data scandal
- March 06, 2018

Kobe Steel Executive Vice President Akira Kaneko, 63, who is head of the company's aluminum and copper operations, will also resign from those posts to take the blame for the irregularities. Illegal political funding to candidates in local assembly elections in 2009 prompted the resignations of the then CEO and chair. For now, its finances appear unscathed. (more...)
Apple Inc. (NASDAQ:AAPL) is Jennison Associates LLC's Largest Position
- March 06, 2018

Bancorpsouth Inc who had been investing in Apple Inc for a number of months, seems to be bullish on the $899.48B market cap company. The stock increased 0.55% or $0.97 during the last trading session, reaching $177.18. Its down 0.07, from 0.89 in 2017Q2. It dived, as 8 investors sold XO Group Inc. shares while 45 reduced holdings. 116 funds opened positions while 640 raised stakes. (more...)
Just Eat share price slumps as group posts full-year loss Just Eat share price slumps as group posts full-year loss
- March 06, 2018

Just Eat shares slumped on Tuesday after the latest results were announced, but have still gained over 40 per cent since this time a year ago. Just Eat announced in a statement this morning that it had made statutory loss before tax of £76 million for the year ended December 31, 2017, as well as basic earnings per share loss of 15.2p. (more...)
Aussie Dollar Downtrend Intact After RBA, Lowe Speech and GDP Due Aussie Dollar Downtrend Intact After RBA, Lowe Speech and GDP Due
- March 06, 2018

As shown below, the Australian dollar fell from 0.7891 to a low of 0.7709. With today's key United Kingdom services and composite PMIs out of the way, there is little United Kingdom data left on the calendar to create volatility for the Pound Sterling to Australian Dollar exchange rate until Friday's slew of trade, industrial production, manufacturing production and construction output figures. (more...)
Ulta Beauty Inc (ULTA) Expected to Announce Earnings of $2.78 Per Share
- March 06, 2018

The stock increased 1.21% or $0.39 during the last trading session, reaching $32.5. About 2.16 million shares traded. Sell-side analyst recommendations point to a short term price target of $302.89 on the shares of Ulta Beauty, Inc. 1,703 were reported by Hbk Sorce Advisory Ltd Liability. Raymond James Services Advisors reported 8,704 shares stake. Apg Asset Mngmt Nv, a Netherlands-based fund reported 84,138 shares. (more...)
CrownBet wins race for William Hill's Australian business CrownBet wins race for William Hill's Australian business
- March 06, 2018

William Hill, which has strong customer bases in non-AFL states Queensland and New South Wales, is believed to complement CrownBet's, which is strongest in Victoria. William Hill also announced it had identified a buyer in fellow Australian sports betting business CrownBet which, along with a group of shareholders related to CrownBet founder Matthew Trip, pulled together a A$300 million (£169 million) bid for the division. (more...)
Pandora Media Inc (P) Receives Consensus Recommendation of "Hold" from Analysts
- March 06, 2018

California Public Employees Retirement System now owns 489,100 shares of the Internet radio service's stock worth $2,357,000 after acquiring an additional 13,900 shares during the period. D E Shaw Co has invested 0% of its portfolio in Pandora Media, Inc. (NYSE:P) is a huge mover today! Also, CEO Roger Lynch sold 78,707 shares of Pandora Media stock in a transaction that occurred on Thursday, December 21st. (more...)
Colgate-Palmolive (NYSE:CL) Insider Sells 5692 Shares of Stock
- March 06, 2018

Smith Chas P & Associates Pa Cpas who had been investing in Colgate Palmolive for a number of months, seems to be less bullish one the $61.33B market cap company. 24,359 are owned by Kentucky Retirement. 378,944 were reported by Highbridge Mgmt Ltd Limited Liability Company. It also increased its holding in Discovery (NASDAQ:DISCA) by 102,889 shares in the quarter, for a total of 1.84M shares, and has risen its stake in Priceline.Com Inc (NASDAQ:PCLN). (more...)
Guillermo del Toro Wins Oscar For Best Director For 'Shape Of Water' Guillermo del Toro Wins Oscar For Best Director For 'Shape Of Water'
- March 06, 2018

Taking the stage to accept his award, an emotional del Toro described himself as an immigrant and encouraged creators to make work that erases the lines between people rather than deepening them. Frances McDormand and Gary Oldman won the best actress and best actor awards. Several cinema legends won their first Oscar . "The biggest thank you of all to the people of Mexico", said director Lee Unkrich to loud applause. (more...)
Global Advanced Aerospace Coatings Market 2018 - AkzoNobel, Henkel, Mankiewicz, Ionbond, Zircotec Global Advanced Aerospace Coatings Market 2018 - AkzoNobel, Henkel, Mankiewicz, Ionbond, Zircotec
- March 06, 2018

Anti-corrosion Corrosion Resistant Coatings Market report also Present new project SWOT analysis , investment feasibility analysis , and investment return analysis . The research report on " Global Can Coatings Market " delivers detailed prognosis on current and forecast market situation of Can Coatings in the assessment period, 2018-2026. (more...)
Dick's Sporting Goods, Inc. (DKS) Analysts See $1.20 EPS Dick's Sporting Goods, Inc. (DKS) Analysts See $1.20 EPS
- March 06, 2018

Moreover, Praesidium Investment Management Company Llc has 8.73% invested in the company for 791,698 shares. The institutional investor held 37,285 shares of the other specialty stores company at the end of 2017Q3, valued at $1.01 million, down from 196,575 at the end of the previous reported quarter. (more...)
Diebold Nixdorf Inc (DBD) CFO Purchases $48150.00 in Stock
- March 06, 2018

Macnealy Hoover Investment Management Inc who had been investing in Diebold Nxdf Inc for a number of months, seems to be bullish on the $1.25 billion market cap company. On Friday, July 29 the stock rating was maintained by Deutsche Bank with "Buy". Taking a broader look brokerage firms' analysts on the street with an expectant view have Diebold Nixdorf Inc (NYSE: DBD ) high price target of $28 and with a conservative view have low price target of $16.5. (more...)
Electric Brake Booster Market Research Analysis Experts 2018 Electric Brake Booster Market Research Analysis Experts 2018
- March 06, 2018

We have also covered key market updates, the impact of regulations and technological updates in, . The study suggests a new proposition to boost Electric Utility Vehicles market value and nurture businesses. The report covers Electricity Transmission And Distribution market across major countries along with export, import, Electricity Transmission And Distribution market status and SWOT analysis, regional production, Electricity Transmission And Distribution demand and growth rate ... (more...)

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