Business


U.S. dollar edges higher ahead of Jackson Hole symposium U.S. dollar edges higher ahead of Jackson Hole symposium
- August 22, 2017

Despite recent losses, it is still up more than 11 percent so far this year, making it the best performing currency in the G10 currency space. Fed chairwoman Janet Yellen is due to speak and markets are expecting a more optimistic Fed based on the recent run of improving United States numbers. (more...)
This Is Where The UK Really Does Its Supermarket Shopping This Is Where The UK Really Does Its Supermarket Shopping
- August 22, 2017

Elsewhere Waitrose increased its sales by 2.8 per cent, managing to hold its market share steady at 5.1 per cent. Sales were also strongest among families with children, with its sales among this group growing 40% faster than among non-children households. (more...)
The Pensions Regulator to prosecute ex-BHS owner Dominic Chappell The Pensions Regulator to prosecute ex-BHS owner Dominic Chappell
- August 22, 2017

It said Mr Chappell had been summonsed to appear at Brighton Magistrates' Court on 20 September to face three charges of neglecting or refusing to provide information and documents. However, BHS went into administration just over a year later and it emerged that Chappell had extracted around £17m from the business, with an estimated £6m owed to BHS by Retail Acquisitions when it collapsed. (more...)
Trump pulls plug on American manufacturing council Trump pulls plug on American manufacturing council
- August 22, 2017

However, on Tuesday, during a press conference, Trump appeared to draw moral equivalency between the white supremacists in Virginia and the counter protesters, many of whom had been injured when a white supremacist drove a vehicle into the group of counter protesters, killing one woman and injuring about 20 others. (more...)
BLB&B Advisors LLC Maintains Position in Amazon.com, Inc BLB&B Advisors LLC Maintains Position in Amazon.com, Inc
- August 22, 2017

Ltd. boosted its position in Amazon.com, Inc. The stock declined 0.70% or $6.67 reaching $951.8 per share. About 12 shares traded. SunTrust Banks, Inc. Gilder Gagnon Howe Co Lc has invested 8.65% in Amazon.com, Inc. (NASDAQ:AMZN) for 5,700 shares. Norris Perne & French Llp decreased General Electric Co Com (NYSE:GE) stake by 16,390 shares to 441,444 valued at $13.95 million in 2016Q4. (more...)
Freeport-McMoran, Inc. (FCX) Position Raised by Eqis Capital Management Inc Freeport-McMoran, Inc. (FCX) Position Raised by Eqis Capital Management Inc
- August 22, 2017

Toronto Dominion Bank added to its investment by buying 228,445 shares an increase of 1,613.8%. Finally, Westpac Banking Corp increased its stake in shares of Freeport-McMoran by 1,493.6% in the first quarter. The Eurozone economy grew 2.5 percent for the second quarter on an annualized basis, much more than the European Commission's estimated potential growth of 1.7 percent for 2017 . (more...)
Canada Pension Plan Investment Board Boosts Stake in Endo International PLC (ENDP)
- August 22, 2017

Past 5 years growth of Endo Int'l Plc (NASDAQ:ENDP) observed at -0.16%, looking forward for the next 5 years it has a strong prediction of -17.65% over growth. Finally, Cowen and Company reiterated a "hold" rating and set a $16.00 target price on shares of Endo International PLC in a research note on Thursday, August 10th. (more...)
Navios Maritime Midstream Partn (NAP) Reached a New 52-Week Low
- August 22, 2017

It has underperformed by 21.16% the S&P500. If the $1.07 price target is reached, the company will be worth $13.97 million less. If the $6.42 PT is reached, the company will be worth $6.54M less. The Company's principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts. (more...)
FDA Approves Besponsa for Acute Lymphoblastic Leukemia FDA Approves Besponsa for Acute Lymphoblastic Leukemia
- August 22, 2017

The National Cancer Institue estimated that a total of 5,970 Americans would be examined this year, and about 1,440 will give up from cancer. "For adult patients with B-cell ALL whose cancer has not responded to initial treatment or has returned after treatment, life expectancy is typically low", said Richard Pazdur, M.D., director of the FDA's Oncology Center of Excellence and acting director of the Office of Hematology and Oncology Products in the FDA's Center for Drug Evaluation and ... (more...)
South joint drills begin amid North Korea tensions South joint drills begin amid North Korea tensions
- August 22, 2017

Moon's assertions are a reminder that provocations - the menacing talk from North Korea and "fire and fury" threats from Trump - command headlines in Central Florida, but should not minimize South Korea's stake in the standoff. The statement said Turnbull had made "reckless remarks that the allies including Australia were together with the USA and that ANZUS stood for the mutual defense between the U.S and Australia, should either one of them come under attack, and Australia would back the ... (more...)
Analyst Research and Recommendations: Target Corporation (TGT), Brown & Brown, Inc. (BRO)
- August 22, 2017

Bank of America now has a $4.45 PT on shares of Target (NYSE:TGT). The company has mean EPS estimate of 1.51 reported by 23 number of analyst for the quarter ending Current Qtr.(Oct2017). the share has a company valuation of $31.15 B, a price to earnings ratio of 11.53 along with a stock beta of 0.61. the company has 50 Day SMA of $54.68 and a two hundred SMA of $56.16. (more...)
North Korea slams next week's US-South Korea military exercises North Korea slams next week's US-South Korea military exercises
- August 22, 2017

An editorial said: "The joint exercise is the most explicit expression of hostility against us, and no one can guarantee that the exercise won't evolve into actual fighting". H.R. McMaster, Trump's national security adviser, met Japan's defense and foreign ministers in Washington on Wednesday to discuss the importance of deterring North Korea's provocations and Tokyo's ballistic missile defenses, according to the Japanese government. (more...)
Provident Financial shares plunge 60pc on second profit warning Provident Financial shares plunge 60pc on second profit warning
- August 22, 2017

Collections performance for the year to date is now running at 57% compared to 90% in 2016 and sales are about GBP9.0 million per week lower than last year. Problems in the home credit business, which is largely based on lending money and collecting repayments directly from borrowers with a poor credit history at their homes, stem from an overhaul of the business that began in February. (more...)
Hyundai Verna: All-new sedan launched in India at Rs 7.99 lakh Hyundai Verna: All-new sedan launched in India at Rs 7.99 lakh
- August 22, 2017

Hyundai Motor India Ltd (HMIL) today launched a new version of its mid sized sedan Verna with introductory price starting at Rs 7.99 lakh ( ex-showroom Delhi). The Verna now gets an eco coating that controls and eliminates foul smell if any from the cabin. While the safety features include 6 airbags, ABS with EBD, rear parking sensors/camera, traction control, Electronic Stability Control and Vehicle Stability Management. (more...)
A Glimpse Into Insider Trading And Ownership At Morgan Stanley (MS) A Glimpse Into Insider Trading And Ownership At Morgan Stanley (MS)
- August 22, 2017

Another recent and important Morgan Stanley Income Securities Inc. FTB Advisors Inc. now owns 2,605 shares of the financial services provider's stock valued at $112,000 after buying an additional 196 shares during the period. The ex-dividend date was Thurs, Jul 27th. this indicates a $1.00 annual dividend and a payout of 2.20%. Financial Architects stated it has 0.01% in Morgan Stanley (NYSE:MS). (more...)
The Morgan Stanley (MS) Stake Increased by Janus Capital Management LLC The Morgan Stanley (MS) Stake Increased by Janus Capital Management LLC
- August 22, 2017

The ratio worsened, as 12 active investment managers increased and opened new stock positions, while 8 sold and trimmed stakes in Morgan Stanley Income Securities Inc. The company was maintained on Friday, July 7 by RBC Capital Markets. This buyback authorization allows the financial services provider to buy up to 6.1% of its shares through open market purchases. (more...)
Shares in McKesson Corporation (MCK) Acquired by Sigma Planning Corp
- August 22, 2017

It has underperformed by 32.15% the S&P500. Atlanta Capital Management Co Llc increased Caseys Gen Stores Inc (CASY) stake by 2.39% reported in 2016Q4 SEC filing. Leerink Swann maintained McKesson Corporation (NYSE:MCK) rating on Monday, April 24. The rating was upgraded by Goldman Sachs to "Buy" on Friday, October 16. (more...)
Lafayette man celebrating marriage killed in Barcelona Lafayette man celebrating marriage killed in Barcelona
- August 22, 2017

Police have shot dead the van driver behind the Barcelona terror attack , authorities in Catalonia said. Police said eight suspected terrorists connected to the attacks in Barcelona and Cambrils are now dead, while four suspects are in custody. (more...)
India's Infosys Slips: More Downgrades After CEO Exit India's Infosys Slips: More Downgrades After CEO Exit
- August 22, 2017

Sikka , the first non-founder chief executive of the company, announced his sudden resignation following a protracted war of words with the founders group. Market experts believe that unless or until board and founders come to some kind of agreement on the appointment of new CEO, the stock may remain under pressure. (more...)
The Ultimate Software Group, In (NASDAQ:ULTI) Experiences Heavy Trading Volume
- August 22, 2017

The stock rose 2.20% or $4.21 reaching $195.49. About 426,028 shares traded or 9.46% up from the average. (NASDAQ:ULTI). New York State Common Retirement Fund reported 0.03% of its portfolio in The Ultimate Software Group, Inc. Piper Jaffray maintained Deere & Company (NYSE:DE) on Monday, August 24 with "Neutral" rating. The stock of United Parcel Service, Inc. Also, Director James A. (more...)
Jefferies Boosts Rating On Plains All American Pipeline, L (PAA) To Jefferies Boosts Rating On Plains All American Pipeline, L (PAA) To "Buy"
- August 22, 2017

Plains GP Holdings LP (NYSE:PAGP) has risen 3.32% since August 21, 2016 and is uptrending. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and nine have given a buy rating to the company. owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. (more...)
How to make an eclipse box How to make an eclipse box
- August 22, 2017

If you have not found solar eclipse glasses at this point, you are probably out of luck because there was a scramble to get them. You could permanently damage your eyes or even go blind. Cut another hole just next to the paper but on the perpendicular side - this is the viewing hole. Use tape to keep it in place. But if you want to actually get outside and experience the eclipse then there are a few low-priced DIY ways to do it before it's all done. (more...)
South Korea's Moon: There will be no war on Korean peninsula South Korea's Moon: There will be no war on Korean peninsula
- August 22, 2017

But it comes at an especially sensitive time now, following the exchange of a series of threats between President Donald Trump and North Korea. "We can not lose everything through a war again", Moon said in a televised press conference marking his first 100 days in office. (more...)
Ballentine Partners LLC Has $451000 Position in Lam Research Corporation (LRCX)
- August 22, 2017

About 42,423 shares traded. Now the P/E of Lam Research Corporation ( LRCX ) stands at 17.43. It has outperformed by 91.16% the S&P500. 617 were reported by Evercore Wealth Mgmt Ltd. Parnassus Invs Ca accumulated 450,000 shares. Nomura Holding Inc owns 19,418 shares for 0.01% of their portfolio. Odey Asset Mgmt Gru Limited holds 131,501 shares. (more...)
Institutional investors now have $1.12 billion stake in Yamana Gold Inc. (AUY)
- August 22, 2017

Covering sell-side analysts have recently weighed in on shares of Southwestern Energy Company (NYSE:SWN). Tobam increased its stake in Yamana Gold by 24.7% in the first quarter. The ex-dividend date of this dividend is Thursday, September 28th. The dividend yield will be $0.78. Yamana Gold's dividend payout ratio is now -4.44%. (more...)