Business


IFF to merge with Frutarom IFF to merge with Frutarom
- May 08, 2018

International Flavors & Fragrances Inc., together with its subsidiaries, creates, makes, and supplies flavors and fragrances for use in various consumer products. The company has a consensus rating of "Hold" and an average price target of $148.13. (NYSE: IFF ). Kentucky Retirement System invested in 0.05% or 4,870 shs. (more...)
Kia Reveals First Images of the Niro EV Kia Reveals First Images of the Niro EV
- May 08, 2018

Like the Kona Electric, the Niro EV will have both the 64kWh battery option as well as a lower-cost 39.2kWh pack (with 236 miles of range on WLTP). If the Kona is any indication, the Niro EV will only arrive in the USA with the 64 kWh pack, which will be rated at 280 miles of range on the WLTP cycle. (more...)
Patton Albertson Miller Group LLC Trims Position in Nvidia (NVDA) Patton Albertson Miller Group LLC Trims Position in Nvidia (NVDA)
- May 08, 2018

Vf Corp now has $30.13B valuation. The stock decreased 1.13% or $0.15 during the last trading session, reaching $13.15. About 5.80 million shares traded. Several other hedge funds and other institutional investors have also recently made changes to their positions in NVDA. The company rocked its 52-Week High of $254.5 and touched its 52-Week Low of $102.31. (more...)
Cognizant (CTSH) Slides After Earnings, But Market Cycles Point Higher Cognizant (CTSH) Slides After Earnings, But Market Cycles Point Higher
- May 08, 2018

Lenox Wealth Mgmt reported 957 shares. Bb&T accumulated 63,294 shares. For the current quarter ending in July, Cognizant expects its per-share earnings to be $1.09. The firm earned "Underweight" rating on Monday, September 26 by Morgan Stanley. Zacks Investment Research upgraded shares of Cognizant Technology Solutions from a "hold" rating to a "buy" rating and set a $82.00 target price on the stock in a research note on Wednesday, January 10th. (more...)
CMS Denies Kansas' Proposal To Impose Medicaid Lifetime Limits CMS Denies Kansas' Proposal To Impose Medicaid Lifetime Limits
- May 08, 2018

My staff stands ready to assist the state in identifying a workable approach to meeting the state's goals, and Kansas may wish to review the demonstration approvals recently granted to Arkansas, Kentucky, and in as examples". "While we will not be moving forward with lifetime caps, we are pleased that the Administration has been supportive of our efforts to include a work requirement in the 1115 waiver", he said, referring to the section of the Social Security Act that lets states tweak ... (more...)
State Patrol Investigating School Bus Crash In Northern Minn State Patrol Investigating School Bus Crash In Northern Minn
- May 08, 2018

Nine students were taken to the Bagley (Minn.) Hospital. All the injuries are reported as non-life threatening. "The superintendent reached out to us to tell us it was not a local school bus", Lano said. The Grand Rapids School District eventually picked up the non-injured students. There were 10 students on the bus at the time of the accident, SPS says they do not have information about how long the bus will be delayed. (more...)
Teacher Appreciation Day deals and freebies Teacher Appreciation Day deals and freebies
- May 08, 2018

Chick-Fil-A: Not a nationwide promotion, but some locations are offering deals for Teachers on Tuesday, May 8. Bagels: Get buy-one-get-one-free Egg Sandwiches or 20 percent off your order. What you must show to get the discount! Hanes: 10 percent off purchases from Hanes .com, Champion.com, OneHanesPlace.com and JustMySize.com - for both active teachers and retired educators. (more...)
Air India pilot arrested for allegedly molesting air-hostess onboard Ahmedabad-Mumbai flight Air India pilot arrested for allegedly molesting air-hostess onboard Ahmedabad-Mumbai flight
- May 08, 2018

The hostess complained to Air India officials as well. A year ago in November, Kerala Police had registered a case against an Air India Express, a subsidiary of Air India, pilot on the basis of a complaint from a female flight attendant, who alleged she was sexually harassed by him. (more...)
Rupee hits 15-month low; crosses 67/$ Rupee hits 15-month low; crosses 67/$
- May 08, 2018

The Indian rupee opened 0.05paise up at 66.82 against the U.S. dollar today. The Indian rupee slipped against the USA dollar in the evening session on Monday, as the latter strengthened across the board on hopes that the Fed would continue with gradual rate hikes during the year. (more...)
Four things to look for in ICICI Bank earnings Four things to look for in ICICI Bank earnings
- May 08, 2018

Incidentally, the Videocon account became an NPA (Non-Performing Asset) for the bank later. While the bulk of the country's 9.5 trillion rupees of bad loans, as of the end of 2017, were with the country's dominant state-run banks, private sector lenders ICICI Bank and smaller rival Axis Bank also accounted for large chunks. (more...)
Blackstone Buys Gramercy Property Trust for $4.42 Billion Blackstone Buys Gramercy Property Trust for $4.42 Billion
- May 08, 2018

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Gramercy Property Trust (" GPT " or the "Company") ( NYSE: GPT ) in connection with the proposed acquisition of the Company by affiliates of Blackstone Real Estate Partners VIII (the "Affiliates"). (more...)
NHTSA warns drivers about Takata airbags NHTSA warns drivers about Takata airbags
- May 08, 2018

That leaves almost 19,000, or roughly 56 percent, of the more than 33,000 Rangers, and almost 1,000, or 45 percent, of the Mazda B-Series, on the road in of a fix. Ford and Mazda are providing free towing to dealership service departments so these trucks can be repaired. The agency is urging consumers to visit NHTSA.gov and use a Vehicle Identification Number, or VIN, to find out if their vehicle is included in the recalls. (more...)
Hedge fund offers $6.9 billion for athenahealth Hedge fund offers $6.9 billion for athenahealth
- May 08, 2018

That's a premium of almost 30% to Athenahealth's closing price on Friday (and Athena shares promptly jumped 16% in Monday trading following reports of the deal). "It is clear to us and becoming clear to many others that AthenaHealth's potential will never be realized without the kind of operational change that the company seems unable to deliver". (more...)
JetBlue plane windshield shatters on way to Tampa, Florida JetBlue plane windshield shatters on way to Tampa, Florida
- May 08, 2018

The flight landed around 1 p.m. and unloaded all passengers safely from the aircraft. The flight landed safely in roughly 1:00 pm neighborhood moment. "There's multiple, multiple layers in the windscreen and it's the outer layer that shattered". This episode comes just a week after a Southwest flight bound for Newark diverted to Cleveland Wednesday after a cottage window broke, though the airline claimed the plane kept pressurization as well as the plane acquired "uneventfully". (more...)
Analyst Earnings Estimates Scan: Kinder Morgan, Inc. (KMI) Analyst Earnings Estimates Scan: Kinder Morgan, Inc. (KMI)
- May 08, 2018

The stock underperformed the S&P 500 by 39.80%. Following the purchase, the director now owns 14,587 shares of the company's stock, valued at $284,738.24. Finally, Bank of America reaffirmed a "buy" rating and issued a $16.17 target price (down from $20.00) on shares of Kinder Morgan in a research note on Thursday, April 19th. (more...)
Anticipated $0.04 EPS for Golden Star Resources Ltd. (GSC) on May, 2
- May 08, 2018

After $0.05 EPS report last quarter, Wall Street now sees -20.00 % negative EPS growth of Golden Star Resources Ltd. Korea Electric Power Corporation (NYSE:KEP) has declined 31.92% since April 23, 2017 and is downtrending. Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 24th. The Australia-based Amp Capital Investors has invested 0.06% in The Sherwin-Williams Company (NYSE:SHW). (more...)
Ireland beat France in final to secure Golf Sixes title Ireland beat France in final to secure Golf Sixes title
- May 08, 2018

Both of the young Irishmen played close to flawless golf over the course of Saturday and Sunday. The Irish held a 2-0 lead on the fifth hole of the six-hole match and Dunne's putt secured a share of the hole, rendering the final hole obsolete in this quick-fire format. (more...)
Uber hires safety adviser after fatal self-driving car crash Uber hires safety adviser after fatal self-driving car crash
- May 08, 2018

The fatal collision involving Uber's autonomous auto in Arizona earlier this year saw the vehicle's systems intentionally avoid swerving, insiders claim, having reportedly been programmed with a higher tolerance for unexpected items in the lane ahead. (more...)
India Should be Good for Walmart and Good for Investors, Some Day India Should be Good for Walmart and Good for Investors, Some Day
- May 07, 2018

Journal reported that Walmart will acquire a 75% stake in the Indian e-commerce outlet in a deal valued at about $15 billion that is expected to be officially announced sometime this week. This is because Walmart will provide Flipkart with the necessary financial muscle as well as retailing expertise in various areas including marketing and logistics. (more...)
Warren Buffett wants a 5% stake in Apple Warren Buffett wants a 5% stake in Apple
- May 07, 2018

At the same event, Buffett wasn't shy about the new technology, boldly saying Bitcoin is "probably rat poison squared". Buffett also praised Apple's penchant for developing "extremely sticky" products that were extremely successful with their customers, so much so that that users become strictly attached to gadgets such as iPhones, MacBooks and iPads. (more...)
Workers Begin 3-Day Strike At All University Of California Campuses Workers Begin 3-Day Strike At All University Of California Campuses
- May 07, 2018

The main picket line will be at Parnassus, where hundreds to thousands of picketers are expected. About 10,000 of the 53,000 workers represented in the strike work for the University of California, Davis, on its campus or in its medical center. (more...)
Vanguard Long-Term Treasury ETF (VGLT) Rises 0.11% for May 5
- May 07, 2018

The 14-day ADX presently sits at 35.20. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. A reading between 0 and -20 would indicate an overbought situation. CCI may also be used to help discover divergences that could possibly signal reversal moves. (more...)
Traders Buy Shares of Verizon Communications (VZ) on Weakness
- May 07, 2018

Neville Rodie & Shaw Inc decreased Nike Inc (NKE) stake by 15.38% reported in 2017Q4 SEC filing. The institutional investor held 614,452 shares of the telecommunications equipment company at the end of 2017Q4, valued at $32.52 million, up from 596,766 at the end of the previous reported quarter. (more...)
Video shows Google self-driving van accident in Arizona Video shows Google self-driving van accident in Arizona
- May 07, 2018

In a statement released Saturday, Waymo said the van was being driven on manual, not autonomous mode. "Today while testing our self-driving vehicle in Chandler, Arizona, another auto traveling in an oncoming lane swerved across the median and struck our minivan", Waymo said in a statement. (more...)
VW's Winterkorn knew for months, indictment says VW's Winterkorn knew for months, indictment says
- May 07, 2018

Winterkorn resigned soon after the scandal over polluting vehicles in the United States became public in September 2015. A lawyer for Winterkorn reached by Reuters did not respond when asked for acomment, while a Volkswagen spokesperson said the company "continues to cooperate with investigations but does does not comment about probes of individuals", the report said. (more...)

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