Business


Resurgent iron ore price lifts Fortescue Resurgent iron ore price lifts Fortescue
- August 21, 2017

The profit was more than double the prior year as the group benefited from the rebound in iron ore prices on the back of strengthening demand from China. During a conference call earlier Monday, Mr. Power said the company was diversifying beyond China to sell its ore to buyers in emerging Asian countries and in Europe, although given China accounts for a large proportion of the world's steel production it was likely to remain a core market. (more...)
Buffett beaten in $22b race for energy company Buffett beaten in $22b race for energy company
- August 21, 2017

It was referred to as a large strategic company, the people said. A final agreement has yet to be reached and talks may still fall apart, the report said citing people familiar with the matter. A new offer would be the latest twist in the long-running saga of the fate of Energy Future Holdings Corp., the former TXU, which owns Oncor and has been in bankruptcy. (more...)
Sensex, Nifty open on flat note, aiming for another recovery Sensex, Nifty open on flat note, aiming for another recovery
- August 21, 2017

The Rupee opened at 64.06 against the United States dollar. Similarly, the major losers during the early trade were Reliance which was 1572.00 points down during early morning trade, followed by PowerGrid, Asian Paints and Infosys at 221 points low, 1133 points low and 907 points low respectively. (more...)
South Korea ready to counter North Korea threats - Airforce chief
- August 21, 2017

Will the allies keep it low-key, or focus on projecting strength? "Our government will put everything on the line to prevent another war on the Korean Peninsula ", Moon said . But Washington is also ready to use the “full range” of its military capabilities in case of provocation, Dunford said. China earlier this month voted in favor of United Nations resolutions tightening sanctions on North Korea and has also said that trade with North Korea would be significantly reduced in coming ... (more...)
Intel CEO is third executive to leave Trump council Intel CEO is third executive to leave Trump council
- August 21, 2017

Merck CEO Kenneth Frazier , who is African-American, was the first CEO to leave one of Trump's presidential advisory councils because of his reaction to the weekend of violence in Charlottesville . "Hate and the division must stop, and must stop right now", he said. Frazier's resignation followed an outcry by critics about how Trump had responded to protests in Charlottesville, Virginia, at the weekend that were led by white supremacist groups and turned violent. (more...)
Merck CEO Ken Frazier Quits Advisory Council After Trump's Charlottesville Response
- August 21, 2017

The demonstration in Charlottesville by hundreds of white nationalists took a deadly turn on Saturday when a vehicle plowed into a group of counter protesters and killed one person. Over the weekend, one woman was killed and several others were injured after a man in a auto rammed a group of counter-demonstrators during a daylong melee in Charlottesville, Virginia. (more...)
Merck CEO resigns from Trump council after Charlottesville (MRK, TSLA, DIS)
- August 21, 2017

They have also loudly opposed him on immigration and his decision to pull the United States out of the Paris climate agreement. Announcing his resignation Monday, Merck CEO Kenneth Frazier cited the president's failure to explicitly rebuke the white nationalists. (more...)
Trump Disbands Deteriorating CEO Advisory Councils Trump Disbands Deteriorating CEO Advisory Councils
- August 21, 2017

On Twitter this afternoon Trump claimed: "Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both". In June, Disney CEO Robert Iger and Tesla CEO Elon Musk quit another White House business advisory council over Trump's decision to withdraw the US from a global climate-change treaty, called the Paris Agreement. (more...)
Cigna Investments Inc. New Sells 184 Shares of Noble Energy Inc. (NBL)
- August 20, 2017

The stock of Humana Inc (NYSE:HUM) has "Buy" rating given on Monday, July 18 by Jefferies. The stock has "Outperform" rating by Cowen & Co on Friday, July 31. Meeder Asset invested in 2,623 shares or 0.01% of the stock. Lazard Asset Limited Company holds 0.1% of its portfolio in Noble Energy, Inc. Thorsen Steven L. (more...)
Chelsea's Marcos Alonso Scores Stunning Free Kick Against Tottenham Chelsea's Marcos Alonso Scores Stunning Free Kick Against Tottenham
- August 20, 2017

They lost twice there in last season's Champions League group phase, to Monaco and Bayer Leverkusen, and have been beaten in three FA Cup semi-finals, including last season's 4-2 defeat by Chelsea . James' Park. The defender of a similar name moved to Manchester City for £50million earlier in the transfer window. After the first week of Premier League games came to a close, managers in each and every team were able to assess the tools at their disposal. (more...)
Under Armour CEO steps down from Trump's business council Under Armour CEO steps down from Trump's business council
- August 20, 2017

On Monday, attorney general Jeff Sessions said the death of paralegal Heather Heyer , 32, who was killed when a vehicle ploughed into a group of counter-protesters in Charlottesville "does meet the definition of domestic terrorism in our statute". (more...)
Vanda Pharmaceuticals Inc. (VNDA) Given Average Recommendation of "Buy" by Brokerages
- August 20, 2017

It has underperformed by 43.57% the S&P500. Piper Jaffray Companies fixed a $23.00 target price on Vanda Pharmaceuticals and issued the company a "buy" recommendation in a study on Thurs, Aug 3rd. Capital Ca has 56,150 shares. California Employees Retirement accumulated 0% or 63,600 shares. (NASDAQ:VNDA) for 52,372 shares. (NYSE:GCO) for 76,883 shares. (more...)
Merck CEO quits Trump advisory council after Charlottesville violence Merck CEO quits Trump advisory council after Charlottesville violence
- August 20, 2017

Mr Trump responded shortly later in a tweet , saying, " Ken Frazier of Merck Pharma has resigned from President's Manufacturing Council, he will have more time to LOWER RIPOFF DRUG PRICES!" On Monday, attorney general Jeff Sessions said the death of paralegal Heather Heyer, 32, who was killed when a vehicle ploughed into a group of counter-protesters in Charlottesville "does meet the definition of domestic terrorism in our statute". (more...)
Solar Eclipse: everything you need to know Solar Eclipse: everything you need to know
- August 20, 2017

Your bag is packed, you've got your camera and eclipse glasses , your hotel room that you booked a year ago is waiting for you - but the forecast is calling for persistent rain. Monday. I do NOT recommend using ANY of them. For example, advice about not going outside and looking at the sun makes sense for everybody. If you miss them, they will play at home against Bowie on Tuesday, the 22nd. (more...)
Solar Eclipse: everything you need to know Solar Eclipse: everything you need to know
- August 20, 2017

Your bag is packed, you've got your camera and eclipse glasses , your hotel room that you booked a year ago is waiting for you - but the forecast is calling for persistent rain. Monday. I do NOT recommend using ANY of them. For example, advice about not going outside and looking at the sun makes sense for everybody. If you miss them, they will play at home against Bowie on Tuesday, the 22nd. (more...)
Ford Motor Company (F) Sees 52-Week Low
- August 20, 2017

It has underperformed by 8.78% the S&P500. QCCO's SI was 600 shares in August as released by FINRA. Its down 15.69% from 6.21 million shares previously. The value of the company's investment in Ford Motor Company increased from $10,000 to $496,000 a change of 4,860.0% for the reporting period. The Alabama-based Fjarde Ap has invested 0.25% in General Motors Company (NYSE:GM). (more...)
(TIF) Stake Boosted by First Eagle Investment Management LLC
- August 20, 2017

Wall Street await Tiffany & Co. Teachers Advisors LLC now owns 183,288 shares of the specialty retailer's stock worth $14,192,000 after buying an additional 48,123 shares during the period. Blackrock invested in 0% or 4,221 shares. This represents a $2.00 annualized dividend and a dividend yield of 2.27%. The ex-dividend date was Friday the 16th of June 2017. (more...)
Aid agencies warn of humanitarian crisis in flood hit South Asia Aid agencies warn of humanitarian crisis in flood hit South Asia
- August 20, 2017

There are growing concerns about food shortages and diseases. Samurai sword attack at palace Taipei A policeman was stabbed with a samurai sword by a man who tried to get into Taiwan's presidential palace. Swollen rivers from India are expected to flow into the low-lying and densely populated areas in the north and center of Bangladesh. "These are the worst floods in Assam in a decade", Keshab Mahanta, relief and rehabilitation minister, told the Thomson Reuters Foundation. (more...)
QTS Realty Trust Inc's (NYSE:QTS) Sentiment is 1.69
- August 20, 2017

We have $47.70 PT which if reached, will make NYSE: QTS worth $230.40 million less. The company has market cap of $2.56 billion. The Company's IoT services and products are created to track, monitor and manage security for a range of assets, such as trailers, trucks, rail cars, sea containers, generators, fluid tanks, marine vessels, diesel or electric powered generators (gensets), gas and oil wells, pipeline monitoring equipment, irrigation control systems, and utility meters, in industries ... (more...)
Lafayette man missing in Barcelona after terrorist attack Lafayette man missing in Barcelona after terrorist attack
- August 20, 2017

The country, until now, had appeared comparatively safe from such incidents, having last experienced a terrorist attack in 2004, when near simultaneous explosions on board four commuter trains heading towards Madrid killed around 190 people and injured over 2,000. (more...)
VW Reveals Electric Microbus - Can You Wait Until 2022? VW Reveals Electric Microbus - Can You Wait Until 2022?
- August 20, 2017

Buzz evokes the legendary Volkswagen Type 2, first launched in 1949. The German automaker first showed the I.D. Buzz vehicle at the Detroit Show in early 2017. electric vehicle concepts, was shown to have a pair of electric motors with a top speed of 99 miles per hour. Are you also excited for the revival of the microbus from the past into the Volkswagen I.D. (more...)
Fourth CEO resigns from Trump's American Manufacturing Council Fourth CEO resigns from Trump's American Manufacturing Council
- August 20, 2017

Frazier was not the first executive to resign from advisory councils serving Trump. Trump hit back in two separate tweets . While Musk publicly and repeatedly rebuked several Trump policies, including the travel ban, he said he believed having a seat at the table was "doing good". (more...)
Intel CEO Brian Krzanich quits Trump manufacturing council Intel CEO Brian Krzanich quits Trump manufacturing council
- August 20, 2017

The CEOs who left the council quickly faced his wrath. The BMO Capital Markets team addressed that as well, saying: "It is unclear whether Mr. Frazier's decision could lead to a more severe Executive Action (EA) targeting drug prices and whether such an EA would be viewed as retaliation by the President, thus, potentially compromising its success". (more...)
Wall Street Climbs as North Korea Tension Eases Wall Street Climbs as North Korea Tension Eases
- August 20, 2017

Traders and analysts said, however, said that tensions between North Korea and the United States could flare up again. Experts say chances for a rate hike in December were about 45%. The Dow Jones Industrial Average.DJI rose 135.39 points, or 0.62 percent, to close at 21,993.71, while the S&P 500 .SPX gained 24.52 points, or 1.00 percent, to 2,465.84, just the third day this year where the S&P 500 posted at least a 1 percent gain. (more...)
UnitedHealth Group (UNH) Given Daily News Sentiment Score of 0.11
- August 20, 2017

Its down 10.76% from 4.66M shares previously. NaturalShrimp Inc (OTCMKTS:SHMP) has 0.00% since August 18, 2016 and is. It has underperformed by 12.15% the S&P500. Mark Sheptoff Fin Planning Limited Com has invested 4.09% in UnitedHealth Group Inc (NYSE:UNH). TMRAY's SI was 8,200 shares in August as released by FINRA. (more...)