Business


Hong Kong activist arrested over allegation of stapled legs Hong Kong activist arrested over allegation of stapled legs
- August 16, 2017

JFS Wealth Advisors LLC now owns 2,138 shares of the Wireless communications provider's stock worth $114,000 after buying an additional 342 shares during the last quarter. Sanford C. Bernstein reaffirmed a "buy" rating on shares of China Unicom (Hong Kong ) in a research report on Tuesday, July 11th. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States & global trademark and copyright laws. (more...)
Wal-Mart Stores, Inc. (WMT) Set to Announce Quarterly Earnings on Thursday Wal-Mart Stores, Inc. (WMT) Set to Announce Quarterly Earnings on Thursday
- August 16, 2017

More interesting news about Wal-Mart Stores Inc (NYSE:WMT) were released by: Fool.com and their article: "Wal-Mart Stores Inc: The Bear Case From a Bull" published on August 02, 2017 as well as Nytimes.com's news article titled: " Target Appoints Walmart, General Mills Executives to Shore Up Grocery Business" with publication date: August 14, 2017. (more...)
Rio Tinto plc (RIO) PT Set at GBX 3430 by Morgan Stanley Rio Tinto plc (RIO) PT Set at GBX 3430 by Morgan Stanley
- August 16, 2017

The company was downgraded on Thursday, June 2 by SunTrust. The firm has "Outperform" rating by RBC Capital Markets given on Tuesday, October 11. As per Monday, July 3, the company rating was maintained by BMO Capital Markets. HSBC Holdings plc restated a buy rating and issued a GBX 4,000 ($51.93) price target on shares of Rio Tinto plc in a research report on Wednesday, April 19th. (more...)
Prudential Plc Sells Broker-dealer Network In US For $325 Mln Initial Price Prudential Plc Sells Broker-dealer Network In US For $325 Mln Initial Price
- August 16, 2017

The sale follows on from last week, when Prudential revealed a plan to merge its asset management arm M&G with its other United Kingdom operations, provoking further speculation that the company may choose to offload its domestic business. (more...)
Under Armour CEO Withdraws From Trump's Manufacturing Council Under Armour CEO Withdraws From Trump's Manufacturing Council
- August 16, 2017

However, it did seem like this statement only came after a deluge of pressure after he initially said that in Charlottesville , the violence came from "many sides". The manufacturing council was created shortly after Trump's inauguration as part of a job creation initiative. The group, which Trump established in January with about two dozen members, is supposed to meet occasionally to offer the President advice on job growth. (more...)
Elliott Management raises stake in BHP to 5 percent Elliott Management raises stake in BHP to 5 percent
- August 16, 2017

The OTC listed company saw a recent bid of 19.4900 and 54100 shares have traded hands in the session. New York-based Elliott launched its effort in April, at which point it held a 4.1 percent "economic interest" in BHP's UK-listed shares, calling for the company to quit all or part of its petroleum business, boost returns and ditch its dual listing. (more...)
Domino's Pizza Inc (DPZ) Downgraded by BidaskClub to Domino's Pizza Inc (DPZ) Downgraded by BidaskClub to "Buy"
- August 16, 2017

State of Alaska Department of Revenue purchased a new position in shares of Domino's Pizza during the first quarter worth $1,181,000. Here are some other firms who have updated their holdings. The company's P/E ratio is 37.59 and the market cap is 9.13B. Domino's Pizza announced that its Board of Directors has initiated a share buyback program on Wednesday, August 2nd that allows the company to repurchase $1.25 billion in shares. (more...)
Insider Activity of Energy Transfer Partners, LP (ETP) Insider Activity of Energy Transfer Partners, LP (ETP)
- August 16, 2017

Botty Investors LLC's holdings in Energy Transfer Equity, L.P. were worth $880,000 as of its most recent filing with the SEC. Other hedge funds also recently made changes to their positions in the company. Sanford C. Bernstein assumed coverage on shares of Energy Transfer Equity, L.P.in a report on Tuesday, May 16th. ETP generated revenue of $3.13 Billion in the same quarter, one year ago. (more...)
Melbourne ranked world's most liveable city for seventh year in a row Melbourne ranked world's most liveable city for seventh year in a row
- August 16, 2017

The city is host to a number of major cultural and sporting events including the Australian Open, Melbourne International Film Festival and Formula One Grand Prix and scores high for student desirability, producing the highest number of technical graduates in the country. (more...)
British auto insurer Admiral shares drop after loss ratio rise British auto insurer Admiral shares drop after loss ratio rise
- August 16, 2017

Admiral said the muted increase reflected the hit from changes to the formula for payouts on personal injury claims - the Ogden discount rate - which will boost compensation. The total cost of this change to Admiral was £150mln, in line with previous estimates. The government has been consulting on how the Ogden rate should be set, although a final decision has been delayed. (more...)
South Africa's Ruling Party To Discipline Lawmakers Against Zuma South Africa's Ruling Party To Discipline Lawmakers Against Zuma
- August 16, 2017

Following the judgment, the ANC accepted Zuma's apology. Motshekga, a member of the NEC, said the estimated 30 to 40 ANC MPs who broke ranks and voted with the opposition had raised concerns by ANC members and society at large. In its statement, the SACP once again called on Zuma to resign, failing which, the ANC should recall him. Mantashe addressed Hanekom's vocal stance on ANC matters on Twitter, saying the former minister has compromised himself as chairperson of the party's ... (more...)
U.S. stocks close higher as North Korea fears ease U.S. stocks close higher as North Korea fears ease
- August 16, 2017

S&P 500 e-minis were down 10.25 points, or 0.41 percent, with 217,904 contracts traded. The Dow and S&P 500 had their second worst weekly losses of the year, with the S&P 500 down 1.4 percent at 2,441. The greenback also came under pressure after New York Federal Reserve President William Dudley cautioned it would "take some time" for USA inflation to reach the bank's two percent target, the latest warning price pressures remain muted. (more...)
24-Year-old dies racing superbike in Delhi 24-Year-old dies racing superbike in Delhi
- August 16, 2017

The crash happened near the Mandi House metro station, was recorded on camera by one of the three motorcyclists. The three youths chose to take part in an impromptu race, while Lakshay switched on his helmet camera to capture the journey, police said. (more...)
India to grant medical visas in pending authentic cases from Pakistan: Swaraj India to grant medical visas in pending authentic cases from Pakistan: Swaraj
- August 16, 2017

The External Affairs Minister conveyed the decision of granting the medical visa to her and tweeted, "Thanks for your greetings on India's Independence day ". The Indian Medical Visa can be taken for medical treatment in the country. She planned to visit the Inderprastha Dental College and Hospital (IDCH) in Ghaziabad and paid Rs 10 lakh in advance for treatment. (more...)
One 'carrot' diamond: Woman's long-lost engagement ring found One 'carrot' diamond: Woman's long-lost engagement ring found
- August 16, 2017

Grams moved away from the farm, however her family still maintain some of the land there, according to CBC News . Grams thought the ring was gone for good, and immediately replaced it. "If you look at it, it grew perfectly around the carrot". A woman who was resigned to never seeing her handsome engagement ring ever again - and had bought a smaller one as a replacement - was shocked when her daughter-in-law found it on a carrot. (more...)
India's provisional inflation rate up 1.9% in July India's provisional inflation rate up 1.9% in July
- August 16, 2017

According to Pankaj Patel, President of Federation of Indian Chambers of Commerce and Industry (Ficci), wholesale based prices have edged up in July on the back of a sharp increase noted in vegetable prices. Ben Brettell , senior economist at Hargreaves Lansdown said the unexpected fall to 2.6% raised hopes that United Kingdom inflation had peaked, as the Brexit-induced weakness in the pound started to fade. (more...)
Chesapeake Energy Corporation (CHK) Sees Large Increase in Short Interest
- August 16, 2017

Morgan Stanley Emerging Markets Fund Inc (MSF) has risen 26.86% since August 14, 2016 and is uptrending. It has underperformed by 25.18% the S&P500. Last year, the company's production expense was $3.05 per boe. Therefore 14% are positive. Several equities analysts have recently weighed in on CPK shares. The firm has "Sector Outperform" rating by Scotia Capital given on Wednesday, October 21. (more...)
United Kingdom wage growth beats forecasts but still lags inflation United Kingdom wage growth beats forecasts but still lags inflation
- August 16, 2017

Figures from the Office for National Statistics showed that earnings growth in the three months to June was 2.1% higher than in the same months of 2016 - up from 2.0% in the three months to May and a recent low of 1.8% in April. With consumer spending accounting for a large part of the economy, there've also been broader implications. There is reason to be cheerful in Wednesday's numbers for some economists, with Nikesh Sawjani from Lloyds Bank noting: "Today's report shows that the United ... (more...)
International Monetary Fund predicts faster China growth, rising debt International Monetary Fund predicts faster China growth, rising debt
- August 16, 2017

Still, the organization warned that things were far from peachy. However, there has been a steep hike in its non-financial sector debt. "This raises concerns for a possible sharp decline in growth in the medium term", the lender said in its annual assessment of the Chinese economy. (more...)
IMF forewarns China over dangerous growth in debt IMF forewarns China over dangerous growth in debt
- August 16, 2017

The IMF raised its forecast for China's average annual growth from 2018-2020 to 6.4 per cent from 6.0 per cent and said there is now a greater chance that authorities will meet their target of doubling 2010 real GDP by 2020. Household, corporate and government debt will increase to nearly 300% of gross domestic product by 2022 from 242% a year ago, fund staff estimated. In fact, China's total debt had quadrupled to $28tn at the end of previous year. (more...)
Hewlett Packard Enterprise Company (HPE) Stock in the Investor Spotlight
- August 16, 2017

NC boosted its stake in Hewlett Packard Enterprise by 1.0% in the first quarter. The company's average Piotroski F-Score: 6 during the last 7 years. They set a "neutral" rating for the company. Among 28 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 9 have Buy rating, 3 Sell and 16 Hold. (more...)
Philippines suspends Uber operations for 1 month Philippines suspends Uber operations for 1 month
- August 16, 2017

LTFRB-7 Director Ahmed Cuizon said they took into custody Uber drivers Dennis Juanite and Brian Estillore and impounded their cars, both Toyota Vios, for still operating despite the board's order to suspend Uber's operation for one month. Last month, Uber and local rival Grab were each fined and ordered to stop accepting and activating new drivers. The Land Transportation Franchising & Regulatory Board on Monday imposed a monthlong suspension on Uber's ride-hailing services after it was ... (more...)
Analyst's Indicator Review for Target Corporation (TGT), Cypress Semiconductor Corporation (CY)
- August 16, 2017

FTB Advisors Inc. boosted its stake in ON Semiconductor Corporation by 499.9% in the first quarter. Cigna Investments Inc. New now owns 12,584 shares of the semiconductor company's stock valued at $173,000 after buying an additional 72 shares during the last quarter. (more...)
Marshall Wace LLP Has $2.37 Million Stake in Halliburton Company
- August 16, 2017

The firm's stock has a market capitalization of $35.21 bln. 7,691,316 shares of the company's stock traded hands. Shares are clocking price at $16.33 with change of 1.11%. On Wednesday, January 18 the stock rating was initiated by Suntrust Robinson with "Buy". The firm earned "Outperform" rating on Friday, April 29 by RBC Capital Markets. (more...)
Wall St opens higher as North Korea tensions ease Wall St opens higher as North Korea tensions ease
- August 16, 2017

US DATA: The other potential driver in markets will be upcoming USA economic data, including monthly inflation figures, which could go a long way to determining expectations for the pace at which the Federal Reserve raises interest rates. (more...)