Business


China calls for end to US-South Korea joint military exercises China calls for end to US-South Korea joint military exercises
- August 18, 2017

Last week, tensions between US President Donald Trump and North Korean leader Kim Jong Un peaked after a heated exchange of threats. "Whatever ups and downs we face, the North Korean nuclear sitaution must be resolved peacefully", said Moon in opening remarks at a regular meeting with senior aides and advisers. (more...)
Former Uber CEO Travis Kalanick Fires Back At Investors In Fraud Lawsuit Former Uber CEO Travis Kalanick Fires Back At Investors In Fraud Lawsuit
- August 18, 2017

In its lawsuit, Benchmark argues that Kalanick hid from the board a number of misdeeds, including allegations of trade-secret theft involving autonomous vehicle technology and misconduct by Kalanick and other executives in handling a rape committed by an Uber driver in India, when he asked Uber's board to give him those extra seats. (more...)
EPS Estimates Revision Screen: The Walt Disney Company (DIS)
- August 18, 2017

The business's quarterly revenue was down.3% compared to the same quarter a year ago. Walt Disney Company (The) (NYSE: DIS ) last released its quarterly earnings results on Tuesday, August 8th. Walt Disney Company (The)'s dividend payout ratio (DPR) is now 27.56%. Evercore Com Na, New York-based fund reported 801,871 shares. Finally, BidaskClub cut shares of Walt Disney Company (The) from a "buy" rating to a "hold" rating in a research note on Wednesday, August 9th. (more...)
Investment Doubling Stocks with Critical Profitability Analyses : Newmont Mining Corporation (NYSE:NEM)
- August 18, 2017

Newmont Mining Corporation (NYSE: NEM ) is worth US$19.03 Billion and has recently fallen -0.69% to US$35.77. Winton Group Ltd now holds 25,083 shares worth $812,000. Following the completion of the transaction, the insider now directly owns 334,730 shares in the company, valued at $12,421,830.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this link . (more...)
Feds Say Ex-BofA VP, Others Made $5M From Insider Trading Feds Say Ex-BofA VP, Others Made $5M From Insider Trading
- August 18, 2017

Daniel Rivas , a technology project consultant in the bank's capital markets technology group in NY, supplied information on about 30 deals using tipping chains that ultimately benefited 10 people, the SEC said in suit Wednesday in federal court in Manhattan. (more...)
National Bank Financial Analysts Lift Earnings Estimates for Iamgold Corporation (IAG) National Bank Financial Analysts Lift Earnings Estimates for Iamgold Corporation (IAG)
- August 18, 2017

Iamgold Corporation had a net margin of 46.75% and a return on equity of 1.43%. In case of Revenue Estimates, 4 analysts have provided their consensus Average Revenue Estimates for IAMGOLD Corp.as 266.44 Million. The stock has a 50-day moving average price of $5.20 and a 200 day moving average price of $4.55. Shares of IAMGOLD Corporation (NYSE:IAG) inclined 5.03% in morning trade Wednesday. (more...)
Cardinal Health, Inc. (NYSE:CAH) Stock Rating Lowered by BidaskClub
- August 18, 2017

Wesbanco Bank Inc decreased Cardinal Health ( CAH ) stake by 17.11% reported in 2016Q4 SEC filing. Csu Producer Res Inc invested in 6,000 shares. Honkamp Krueger Financial Services Inc. It has a 15.93 P/E ratio. Guggenheim Capital Ltd Limited Liability Company has invested 0.15% in Cardinal Health Inc (NYSE:CAH). Its up 0.04, from 0.79 in 2016Q3. (more...)
Trump disbands councils after business leaders flee Trump disbands councils after business leaders flee
- August 18, 2017

Walt Disney Co. Chairman and CEO Bob Iger resigned for the same reason from the President's Strategic and Policy Forum . The Strategic and Policy Forum features a diverse group of leaders including JPMorgan CEO Jamie Dimon , BlackRock CEO Larry Fink, General Motors CEO Mary Barra , and Walmart CEO Doug McMillon. (more...)
(STWD) Shares Sold by Shikiar Asset Management Inc
- August 18, 2017

Keefe Bruyette & Woods maintained it with "Buy" rating and $2400 target in Thursday, July 6 report. So is with Starwood Property Trust, Inc. (NYSE:STWD) on Monday, May 29 with "Buy" rating. The company's 3-months average volume stands at 1.78 million. It also upped Consolidated Edison Inc. (NYSE:STWD). Archford Cap Strategies Ltd Com stated it has 550 shares. (more...)
ProShares Ultra VIX Short-Term Futures (UVXY) Rises 7.58% for Aug 17
- August 18, 2017

The Williams %R oscillates in a range from 0 to -100. A value between 0 to -20 would represent a strong overbought condition. Investors may be studying other technical indicators like the Williams Percent Range or Williams %R. The NYSE listed company saw a recent bid of $41.15 and 79938188 shares have traded hands in the session. When the RSI line moves up, the stock may be experiencing strength. (more...)
Sterling inches higher after retail sales Sterling inches higher after retail sales
- August 18, 2017

Overall, Sterling saw its first notable boost in weeks, though Bank of England (BoE ) tightening speculation is still light due to this week's underwhelming United Kingdom inflation report. Unemployment rate data from The Netherlands and France improved in their latest results, but this didn't boost Euro demand. While Friday's Eurozone data is unlikely to inspire movement in the shared currency much, EUR/USD could still be influenced by Michigan University's US consumer confidence survey ... (more...)
Donald Trump praises 'very wise and reasoned' Kim Jong-Un decision Donald Trump praises 'very wise and reasoned' Kim Jong-Un decision
- August 18, 2017

A statement on the Russian foreign ministry's website said Russian and China discussed "possible ways out of the confrontational spiral on the Korean Peninsula", and that "military adventures and threats of force" against North Korea were "unacceptable". (more...)
Discovery Communications, Inc. (DISCK) Downgraded to Discovery Communications, Inc. (DISCK) Downgraded to "Sell" at BidaskClub
- August 18, 2017

Seizert Capital Partners LLC now owns 3,237,316 shares of the company's stock worth $81,613,000 after buying an additional 325,593 shares in the last quarter. The original version of this article can be accessed at https://sportsperspectives.com/2017/08/17/discovery-communications-inc-nasdaqdisck-shares-bought-by-mn-services-vermogensbeheer-b-v-updated-updated.html. (more...)
Vishal Sikka resigns from all roles at Infosys with immediate effect Vishal Sikka resigns from all roles at Infosys with immediate effect
- August 18, 2017

The firm's chief operating officer U. B. Pravin Rao will take over the role on an interim basis with immediate effect. Infosys said, "The succession plan for appointment of a new Managing Director and Chief Executive Officer has been operationalised by the Board and a search for the same has been commenced". (more...)
Four killed in counter-terror raid in Cambrils after Barcelona attacks Four killed in counter-terror raid in Cambrils after Barcelona attacks
- August 18, 2017

Police raised the possibility that an explosion at a home earlier on Thursday that killed one person and brought down a building may be connected to the attack. Two of the injured remain in a serious condition. The Sunni terrorist group, Islamic State of Iraq and Syria, or ISIS, claimed responsibility for the Barcelona attack. (more...)
Can the United States play North Korea against China?
- August 18, 2017

A senior Chinese military official who met Gen Dunford told him that military action should be ruled out and that "dialogue" was the only option, the Chinese defence ministry said . Dunford told reporters that he has advised the US leadership not to dial back on the exercises with South Korea. North Korea's threat to fire into the sea near Guam had prompted Trump to say earlier that the US military was "locked and loaded" if North Korea acted unwisely. (more...)
A Technical Perspective On Vornado Realty Trust (VNO), Forterra, Inc. (FRTA)
- August 18, 2017

About 2.25M shares traded or 4.17% up from the average. Brandywine Realty Trust ( NYSE:BDN ) opened at 16.82 on Tuesday. In the past 3-month period alone, shares of IRT have appreciated +1.14 - or +12.58%. Invesco Limited has 14.48M shares for 0.08% of their portfolio. 9,027 shares were sold by DEVUONO H JEFFREY , worth $153,559 on Wednesday, May 10. Therefore 33% are positive. (more...)
Where PT Stands For Prospect Capital Corporation (PSEC)
- August 18, 2017

Zacks presents analysts with an ABR (Average Broker Rating ), based on the sell-side recommendations. The Firm is engaged in the exploration, development and production of oil and natural gas properties and natural gas. Therefore 67% are positive. Prospect Capital Corporation had 12 analyst reports since August 27, 2015 according to SRatingsIntel. As per Thursday, February 11, the company rating was downgraded by Raymond James. (more...)
Industrial Production Rose 0.2% in July Industrial Production Rose 0.2% in July
- August 18, 2017

That reflected a slowdown in sales that were a bright spot for the economy in recent years. The report said industrial production edged up by 0.2% in July after climbing by 0.4% in June. The monthly data, which are volatile and often get revised, contrast with other recent reports. The Federal Reserve Bank of NY on Tuesday reported that factory activity in NY shot up to the highest level in almost three years. (more...)
Goldman Sachs Group, Inc. (The) (GS) Upgraded at BidaskClub Goldman Sachs Group, Inc. (The) (GS) Upgraded at BidaskClub
- August 18, 2017

Harbour Capital Advisors LLC bought a new position in shares of Goldman Sachs Group, Inc. New England Asset Management Inc. raised its stake in shares of Goldman Sachs Group, Inc. Ls Invest Advsr Ltd Liability invested in 0.21% or 12,420 shares. This dividend amount was represent a yeild of $1.32. (The)'s dividend payout ratio (DPR) is now 15.74%. (more...)
Tillerson says United States seeks to pressure North Korea to resume diplomatic talks
- August 18, 2017

Defense Secretary James Mattis said. "We will cooperate to advance trilateral and multilateral security and defence cooperation with other partners in the region, notably the Republic of Korea, Australia, India and other southeast Asian countries", Tillerson told reporters at a joint news conference with Kono, Mattis and Onodera. (more...)
Winton Group Ltd Bought A Lot More Schlumberger NV (SLB) Stock
- August 18, 2017

Intrust Bank Na bought 4,931 shares as the company's stock declined 11.04% while stock markets rallied. About shares traded. Nike Inc (NYSE:NKE) has declined 9.24% since August 17, 2016 and is downtrending. Natixis reported 227,003 shares. S&Co Incorporated holds 2.59% of its portfolio in Schlumberger Limited. Fukoku Mutual Life Ins Com has invested 0.07% in Schlumberger Limited. (more...)
Pennsylvania Real Estate Invest (NYSE:PEI) Experiences Heavier than Usual Trading Volume Pennsylvania Real Estate Invest (NYSE:PEI) Experiences Heavier than Usual Trading Volume
- August 18, 2017

The company has market cap of 88.52 billion GBP. Zooming in closer, company stock has been 3.19% for the quarter, 0.45% over the past month, and 0.43% over the past week. The Business's primary business is owning and operating retail shopping malls, which it does primarily through operating partnership, PREIT Associates, L.P. (more...)
JC Penney Company, Inc. Holding's (JCP) Buy Rating Reiterated at Northcoast Research
- August 18, 2017

Robert W. Baird downgraded the shares of JCP in report on Monday, May 15 to "Neutral" rating. ValuEngine raised shares of J.C. Penney Company, Inc. Holding in a research report on Saturday, May 13th. During the same period past year, the firm earned ($0.05) EPS. Capstone Asset Management Co. raised its position in J.C. Penney Company, Inc. Share performance for the month is now at -26.83%. (more...)
Trump business policy forum says disbanding due to 'distraction' Trump business policy forum says disbanding due to 'distraction'
- August 18, 2017

Even before top executives lined up this week to disown President Trump , the alliance between the president and some of the nation's top business leaders was an uneasy one. It's unclear what work the council has done since being convened. It also marks a rapid descent for a president who has alternatively praised and attacked the decisions of corporate leaders, sometimes making unverified or false claims, and whose policy choices on issues such as immigration and climate change have been ... (more...)