Business


Lab-grown meat startup Memphis Meats completes $17-mn Series A fundraising Lab-grown meat startup Memphis Meats completes $17-mn Series A fundraising
- August 24, 2017

While the dairy industry has been somewhat resistant to the mainstreaming of alternatives to animal products like soy milk, Tyson Foods, the largest producer of meat in the U.S., have also created a venture capital concentrated on investing in companies that look to "sustainably feed" a growing global population, and in December 2016 announced it had made in stake in plant-based protein producer Beyond Meat, of which Bill Gates is also an investor. (more...)
Devotees looking for eco-friendly clay idols of Ganesha in Bhilai Devotees looking for eco-friendly clay idols of Ganesha in Bhilai
- August 24, 2017

The court also asked the state government to lay down guidelines for the temporary installation of idols for the celebrations of the festival this Friday. So at that time with mud, she makes Lord Ganesh . With people becoming eco-friendly, the demand for clay Ganesh idols has spurs up in the city this year as a major section of the devotees are preferring clay idols for worshipping during Ganesh Puja festival. (more...)
Top Performer of the day: Abercrombie & Fitch Co. (ANF) Top Performer of the day: Abercrombie & Fitch Co. (ANF)
- August 24, 2017

Currently, the stock has a 1 Year Price Target of $11.5. ( ANF ) is -0.91 while the analysts predicted the EPS of the stock to be -0.7 suggesting the company fell short of the analysts' expectations. The apparel retailer reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.17, Bloomberg Earnings reports. (more...)
McDonald's To Close 169 Locations In India McDonald's To Close 169 Locations In India
- August 24, 2017

According to source, the famous USA burger chain on Monday which has a presence in around 119 countries, said that it was terminating its agreement with the Connaught Plaza Restaurant (CPRL), which is a 23 year old 50:50 joint venture (JV) between Vikram Bakshi and McDonalds due to alleged breach of franchise agreements. (more...)
Honeywell International Inc (NYSE:HON): Stock Sentiment
- August 24, 2017

Honeywell Intl Inc now has $103.99 billion valuation. (HON) traded down 0.16% during mid-day trading on Wednesday, hitting $136.68. About 607,692 shares traded. Ascend Capital Lc stated it has 130,000 shares or 0.76% of all its holdings. Deprince Race And Zollo has invested 0.79% in Honeywell International Inc. (more...)
Why Traders Are Chasing Merck & Co., Inc. (MRK), Kinross Gold Corporation (KGC)
- August 24, 2017

The stock declined 2.45% or $0.11 reaching $4.18 on the news. The stock volatility for week was 3.85% while for month was 3.77%.The stock, as of last close, traded 45.14% to its 52 week low and was changed -14.17% from its 52 week high. The firm has "Buy" rating by Bank of America given on Friday, March 11. On Friday, September 9 the stock rating was downgraded by JP Morgan to "Neutral". (more...)
United Kingdom economy grew by just 0.3% in second quarter United Kingdom economy grew by just 0.3% in second quarter
- August 24, 2017

The UK's economy grew at half the rate of the eurozone's during the second quarter of the year, as a Brexit-fuelled jump in inflation dealt a sharp blow to consumer spending. Strategists, analysts and think tanks have in recent weeks slashed their growth forecasts for the full year and many anticipate that the pound could fall further still. (more...)
Mascoma Wealth Management LLC Holds Stake in General Dynamics Corporation (GD)
- August 24, 2017

Sunbelt has 0% invested in General Dynamics Corporation (NYSE:GD). Janus Capital Management has an ownership of 4,148,390 stocks of the aerospace firms shares valued $776,563,000 after scooping up an extra 749,793 shares through out the previous quarter, Geode Capital Management added additional shares of General Dynamics Corporation by 5.1% in the Q1. (more...)
Brokers Issue New Targets On Hess Corporation (NYSE:HES)
- August 24, 2017

It is negative, as 42 investors sold WU shares while 211 reduced holdings. KLR Group reissued a "buy" rating and issued a $60.00 target price (up previously from $58.00) on shares of Hess Corporation in a report on Saturday, April 29th. Research professionals at Cowen & Co. now has a $50.0 PT on Hess (NYSE:HES). The median estimate represents a 32.12% increase from the last price. The rating has been shown in a research note on Sunday, 20 August. (more...)
Stock Price Analysis of The Estee Lauder Companies Inc. (EL)
- August 24, 2017

Advisory Services Network LLC increased its stake in shares of Estee Lauder Companies, Inc. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . During the same period in the prior year, the company posted $0.43 EPS. In the last earnings report the EPS was $3.35 and is estimated to be $3.93 for the current year with 368,100,000 shares presently outstanding. (more...)
Welch Group LLC Has $145000 Position in Tiffany & Co. (TIF) Welch Group LLC Has $145000 Position in Tiffany & Co. (TIF)
- August 24, 2017

For the full 2017 fiscal year, Tiffany expects sales to increase by a low single digit percentage from 2016's sales of $4.105 billion, with earnings increasing a high single digit percentage from the $3.55 per share earned last year. If you are viewing this piece on another website, it was illegally copied and reposted in violation of U.S. and global copyright & trademark legislation. (more...)
(VLO) Shares Bought by Savant Capital LLC
- August 24, 2017

RBC Capital Markets has "Outperform" rating and $73 target. Petroleum & Resources Corp decreased Valero Energy Corp ( VLO ) stake by 4.3% reported in 2016Q4 SEC filing. 31,522 shares valued at $2.05 million were sold by Riggs R. Lane on Friday, May 5. Investors sentiment increased to 1.06 in Q4 2016. Its up 0.32, from 0.85 in 2016Q3. (more...)
Regal Entertainment Group (NYSE:RGC) RSI Indicates a Potential Reversal Ahead
- August 24, 2017

Regal Entertainment Group (NYSE:RGC) has declined 1.35% since August 21, 2016 and is downtrending. RGC's SI was 21.75M shares in August as released by FINRA. It also reduced Verizon Communications Com (NYSE:VZ) stake by 157,705 shares and now owns 1.69 million shares. Nelnet Inc. (NYSE:NNI) was reduced too. (more...)
Iamgold Corporation Ordinary Sh (IAG) Reached a New 52-Week High
- August 24, 2017

The stock has "Sell" rating by Canaccord Genuity on Thursday, August 6. The firm has "Hold" rating given on Tuesday, November 24 by HSBC. IAMGOLD has a 1 year low of $4.18 and a 1 year high of $7.53. If you are accessing this article on another website, it was stolen and republished in violation of USA and global trademark & copyright legislation. (more...)
Signet Jewelers Limited (NYSE:SIG) Experiences Heavy Trading Volume Signet Jewelers Limited (NYSE:SIG) Experiences Heavy Trading Volume
- August 24, 2017

Signet Jewelers Limited, launched on June 25, 2008, is a retailer of diamond jewelry. The stock increased 1.27% or $0.2 during the last trading session, reaching $15.95. Therefore 67% are positive. $21.29's average target is 33.48% above currents $15.95 stock price. The company was upgraded on Friday, May 26 by JP Morgan. (more...)
What Does Insider Trading Tell Us About CommScope Holding Company, Inc. (COMM)?
- August 24, 2017

About 707,445 shares traded. Commscope Holding Company Inc (NASDAQ:COMM) has risen 25.42% since August 21, 2016 and is uptrending. It has outperformed by 8.72% the S&P500. (NASDAQ:AAPL) for 1.75M shares. $68,801 worth of stock was sold by Straber Renee on Wednesday, March 8. Investors sentiment decreased to 1.62 in 2016 Q4. (more...)
Credit Suisse Cuts Rating On JinkoSolar Holding Company Limi (JKS)
- August 24, 2017

JinkoSolar Holding Co. has $46 highest and $1800 lowest target. $31's average target is 31.47% above currents $23.58 stock price. Legal & General Group Plc's holdings in JinkoSolar Holding Company Limited were worth $103,000 at the end of the most recent reporting period. (more...)
Applied Materials, Inc. (AMAT) Stock Rating Reaffirmed by Instinet
- August 24, 2017

About 631,220 shares traded. It has underperformed by 10.78% the S&P500. The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. The company has a market cap of $47.15 billion, a price-to-earnings ratio of 15.65 and a beta of 1.82. Ratings analysis reveals 88% of Applied Materials Inc.'s analysts are positive. (more...)
PetroChina, CNOOC post better than expected interim results, lift dividends PetroChina, CNOOC post better than expected interim results, lift dividends
- August 24, 2017

Oil and gas sales rose 36 percent to 74.9 billion yuan. It declared an interim dividend of 0.20 Hong Kong dollars a share. H1 oil and gas production fell 3% Y/Y to 725.7M boe, while production costs fell 4.2% to $11.32/boe. CNPC's Daqing unit said domestic crude output during the period rose 6.1% from a year ago, while gas production rose nearly 9%. First half "all-in" oil production cost that include both fixed and variable costs, fell 9 per cent year on year to US$31.7 a barrel. (more...)
Sears Holdings Corp. to close another 28 Kmart stores Sears Holdings Corp. to close another 28 Kmart stores
- August 24, 2017

A list of the stores, which will be closed later this year, will be released later Thursday. The discount retail chain had more than a dozen stores in the area in 2011, according to Post-Dispatch files. The net loss for the quarter - following what the company said was positive earnings in July - was $251 million. The retailer announced this with its earnings statement that showed a quarterly loss, as the number of people visiting its stores continued to fall. (more...)
Lilly Eli & Co (NYSE:LLY) Quarterly Sentiment Report
- August 24, 2017

Bank of America maintained Eli Lilly and Co (NYSE: LLY ) rating on Friday, September 18. Moving toward the second part of analysis is "Returns", Eli Lilly and Company (NYSE:LLY) has returns on investment of 11.60% which indicates firm's investment efficiency or to compare the efficiency of a number of different investments. (more...)
For Audi Engine Size Doesn't Matter, It's Power From Now On For Audi Engine Size Doesn't Matter, It's Power From Now On
- August 24, 2017

The names of the model series - from Audi A1 to Audi Q7 - will remain unchanged. Despite claiming to make its model walk easier to understand, there's still a level of complexity to Audi's new system; for instance the cars with a 30 on the tailgate could produce between 81kW to 96kW, a 35 equates to between 110kW and 120kW, 40 spans 125kW to 150kW, 45 represents 169kW to 185kW, 50 stands for 210kW to 230kW, 60 covers 320kW to 340kW, and 70 will be used on model producing over 400kW. (more...)
ConAgra Brands, Inc. (NYSE:CAG) Trading Volume Significantly Higher
- August 24, 2017

The stock declined 1.07% or $0.37 reaching $34.13 on the news. T-Mobile US, Inc. (NASDAQ:TMUS) ended its day at $64.38 with the rising stream of 2.47% and its total traded volume was 2.43 million shares less than the average volume. More interesting news about Fossil Group Inc (NASDAQ:FOSL) were released by: Seekingalpha.com and their article: "Fossil Group (FOSL) Q2 2017 Results - Earnings Call Transcript" published on August 09, 2017 as well as Fool.com's news article titled: "Why NVIDIA, ... (more...)
Rajiv Bansal appointed Air India CMD Rajiv Bansal appointed Air India CMD
- August 24, 2017

The government on Wednesday named Rajiv Bansal , additional secretary in the petroleum ministry, as the interim chairman and managing director of Air India . He said: "I feel happy and proud to be given this opportunity to lead the national carrier. The company has been growing from strength to strength - inducting new aircraft and introducing new routes", Bansal said after formally taking office from Lohani. (more...)
JM Smucker Co (SJM) Cuts Forecast As Q1 Earnings Underwhelm JM Smucker Co (SJM) Cuts Forecast As Q1 Earnings Underwhelm
- August 24, 2017

Stephens downgraded the shares of SJM in report on Wednesday, July 19 to "Equal-Weight" rating. Barclays Capital maintained Jack in the Box Inc. Piper Jaffray maintained it with "Hold" rating and $5300 target in Friday, July 21 report. It turned negative, as 33 investors sold JACK shares while 94 reduced holdings. Several other hedge funds also recently added to or reduced their stakes in the stock. (more...)