Business


Bell, Telus phone service down in parts of Atlantic region Bell, Telus phone service down in parts of Atlantic region
- August 05, 2017

The company said the cut affected 885 LTE cell sites across the region. The outage is also affecting other providers, including Telus, Virgin and Koodo. It wasn't the first time a damaged cable suddenly sliced normal telecommunications service in the region. "We can't call Bell Aliant ". Cpl. Dal Hutchinson of the RCMP in Nova Scotia said its 911 service was working, depending on what cellular phone was being used to call in. (more...)
Canada's trade deficit nearly triples to $3.6B in June Canada's trade deficit nearly triples to $3.6B in June
- August 05, 2017

Real goods exports surged to an all-time high of $126.9 billion in June, buoyed by record high petroleum exports. In volume, or price-adjusted terms, exports fell by 1.7%, reflecting price declines among commodities. The report marks a rare setback for the Canadian economy, which has been on a roll over the past year - prompting the Bank of Canada to raise its benchmark rate last month for the first time in seven years on growing confidence on the outlook. (more...)
Ackman on comeback trail takes aim at ADP, gets instant pushback Ackman on comeback trail takes aim at ADP, gets instant pushback
- August 05, 2017

Based on extensive research and due diligence, Pershing Square believes that there is an enormous opportunity to improve the operating performance of ADP by accelerating growth, improving the quality of ADP's software and service offerings, dramatically reducing operating costs, and increasing efficiency. (more...)
First Majestic Silver Corp First Majestic Silver Corp
- August 05, 2017

Zacks Investment Research downgraded shares of Endeavour Silver Corporation from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 18th. Bank of Montreal Can boosted its position in shares of Endeavour Silver Corporation by 1,730.2% in the second quarter. It has underperformed by 23.84% the S&P500.The move comes after 9 months negative chart setup for the $315.97 million company. (more...)
Former VW Compliance Executive Pleads Guilty in Emissions Case Former VW Compliance Executive Pleads Guilty in Emissions Case
- August 05, 2017

Schmidt will be sentenced in December. According to the complaint against Schmidt, he and other executives agreed to defraud US regulators and customers and violate the Clean Air Act, as they knew vehicles did not meet emissions standards and knew that defeat devices were being used to evade those standards. (more...)
Tesla's Stock Soars On News Company Lost More Than $300 Million
- August 05, 2017

Despite Musk's assurance that Tesla will reach its target goals for next year, Musk also said during the conference call that 63,000 people have canceled their Tesla Model 3 orders in the last year, which translates to 1,800 per day. "There are walls moving all around that can all impede the success of the Model 3", said Karl Brauer, the senior director of content and executive publisher for Cox Automotive . (more...)
Bengaluru techie arrested for stealing Aadhaar data Bengaluru techie arrested for stealing Aadhaar data
- August 05, 2017

The 31-year-old MSc graduate from IIT-Kharagpur is the founder of Qarth, worked at Ola in the position of "Hacker at Ola Connected Car Platform", as per his LinkedIn Profile. The police said a CPU, four laptops, a tablet, four mobile phones, six pen drives and other materials worth Rs 2.25 lakh were seized from him and further investigation was on. (more...)
Brokers Issue New Targets On Papa John's International Inc. (NASDAQ:PZZA) Brokers Issue New Targets On Papa John's International Inc. (NASDAQ:PZZA)
- August 05, 2017

Also, the Hold rating count is 11 as of 08/03/17. Finally, KeyCorp reissued an equal weight rating on shares of Papa John's global in a research report on Tuesday, June 20th. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John's. (more...)
MTV owner Viacom's shares slump as ad revenues fall MTV owner Viacom's shares slump as ad revenues fall
- August 05, 2017

Total revenue in the quarter was $3,364 million, up 8.27% year over year. During the same period past year, the firm posted $1.05 EPS. Shares of Viacom (NASDAQ: VIAB ) traded down 11.29% during midday trading on Friday, hitting $31.11. Considering that the stock daily volume of 5.31 million shares, this represents a pretty noteworthy trading in volume size. Macquarie Group Ltd. increased its position in shares of Viacom by 55.6% in the fourth quarter. (more...)
CBA heads to court over money laundering allegations CBA heads to court over money laundering allegations
- August 04, 2017

AUSTRAC filed a motion in the Federal Court yesterday to prosecute the bank, alleging 53,700 contraventions of the law since 2012. The proceedings relate to the bank's intelligent deposit machines (IDMs), which were allegedly used by criminal syndicates to launder money. (more...)
Motorways could be covered by giant tents to stop pollution Motorways could be covered by giant tents to stop pollution
- August 04, 2017

In its first major intervention into the air quality debate, which so far has focused on councils, Highways England has released an air quality strategy setting out how it will use £100m in the current Road Investment Strategy to improve air quality on and around the strategic road network (SRN). (more...)
Dish misses Street 2Q forecasts Dish misses Street 2Q forecasts
- August 04, 2017

BidaskClub lowered DISH Network Corporation from a "hold" rating to a "sell" rating in a research report on Monday. Citigroup Inc. cut DISH Network Corporation from a buy rating to a sell rating and cut their price objective for the company from $94.00 to $52.00 in a research report on Wednesday, July 26th. (more...)
NORTH CAROLINA: Chemical leaks land 40 children, 2 adults in hospital NORTH CAROLINA: Chemical leaks land 40 children, 2 adults in hospital
- August 04, 2017

None were in serious condition and none needed to be admitted to the hospital, they said. According to Wil Glenn with the City of Durham, 40 children between the ages of 6 and 12 and two adults were taken to either Duke Hospital or Duke Regional Hospital. (more...)
Teva Pharmaceutical Industries Limited (TEVA) Releases FY17 Earnings Guidance Teva Pharmaceutical Industries Limited (TEVA) Releases FY17 Earnings Guidance
- August 04, 2017

If volume enhances when the price moves up or down, it is considered a price movement with strength. The RSI oscillates on a scale from 0 to 100. That is, when buyers and sellers agree to make a transaction at a certain price, it is considered one transaction. (more...)
The Unisys Corporation (NYSE:UIS) Stake Raised by KCG Holdings Inc
- August 04, 2017

Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock was sold at an average price of $12.35, for a total transaction of $131,391.65. Following the sale, the director now owns 44,393 shares of the company's stock, valued at $548,253.55. (more...)
US gains 209000 jobs, unemployment rate falls to 4.3 percent US gains 209000 jobs, unemployment rate falls to 4.3 percent
- August 04, 2017

Government statisticians revised their estimates for May and June, in total adding 2,000 jobs to the rolls. Average hourly earnings edged upward to 4.3 percent while private sector payrolls added 205,000 jobs and the labor force participation rate ticked slightly upward to 62.9 percent. (more...)
Are Analysts Bullish Victoria Oil & Gas plc (LON:VOG) After Last Week? Are Analysts Bullish Victoria Oil & Gas plc (LON:VOG) After Last Week?
- August 04, 2017

QCR Holdings had 11 analyst reports since September 2, 2015 according to SRatingsIntel. APC's revenue has declined at an average annualized rate of about -9.6% during the past five years. During the same period in the previous year, the firm earned $0.23 EPS. (NYSE:CMI) or 2,470 shares. Blackrock Invest Management Limited Com has invested 0.24% in Constellation Brands, Inc. (more...)
YUM Brands profits get eaten by Pizza Hut YUM Brands profits get eaten by Pizza Hut
- August 04, 2017

Tfs Capital Llc acquired 23,248 shares as Civitas Solutions Inc (CIVI)'s stock declined 15.67%. It has outperformed by 9.27% the S&P500. Nordea Investment Management Ab decreased its stake in Yum! Nomura maintained Yum! Brands, Inc . (more...)
Barclays PLC Lowers McCarthy & Stone PLC (LON:MCS) to Underweight Barclays PLC Lowers McCarthy & Stone PLC (LON:MCS) to Underweight
- August 04, 2017

The ex-dividend date of this dividend is Thursday, August 3rd. 11/07/2017 - Shire Plc had its "Hold" rating reiterated by analysts at HSBC. The stock of Novae Group Plc (LON:NVA) has "Hold" rating given on Monday, January 25 by Numis Securities. (more...)
Tsukiji fish market battles blaze Tsukiji fish market battles blaze
- August 04, 2017

The market , one of the largest in the world, is known for its tuna auctions and variety of seafood. A total of 43 fire engines were deployed to extinguish the fire, NHK said. A kitchenware shop and a ramen noodle restaurant were among the seven buildings damaged by the fire, the Jiji Press news agency reported. Reports say the flames affected mostly wooden buildings in the market. (more...)
Japan's Taro Kono to be foreign minister in cabinet reshuffle: Kyodo Japan's Taro Kono to be foreign minister in cabinet reshuffle: Kyodo
- August 04, 2017

A fluent English speaker educated at Georgetown University in Washington, Kono will replace Fumio Kishida, who has rarely differed in public with Abe since taking office in December 2012, after a cabinet reshuffle on Thursday. LDP Secretary-General Toshihiro Nikai said at the news conference, "We should emphasize a stance of obtaining the views of a wide range of the public and be especially careful in how we proceed". (more...)
Toyota, Mazda set to announce $1.6 billion U.S. plant Toyota, Mazda set to announce $1.6 billion U.S. plant
- August 04, 2017

The resulting partnership would likely lead both companies to collaborate on future electric vehicle technology , as well as a future factory. Mazda , which makes the Miata roadster, declined comment. The U.S. publication says the partnership could also stretch to a possible collaboration over electric vehicle technology. But Ford began cutting ties in 2008, and has shed its stake in Mazda . (more...)
Just Group PLC (JRP) Earns Just Group PLC (JRP) Earns "Neutral" Rating from Credit Suisse Group
- August 04, 2017

It has a 19.2 P/E ratio. ConvaTec Group Plc is a medical product and technology company. Finally, HSBC Holdings plc reiterated a "hold" rating and set a GBX 200 ($2.59) price target on shares of Pets at Home Group PLC in a report on Wednesday, March 22nd. (more...)
RBI Cuts Key Rate By 0.25%; To Lower Home, Auto EMIs RBI Cuts Key Rate By 0.25%; To Lower Home, Auto EMIs
- August 03, 2017

Central bank Gov. Urjit Patel , who heads a six-member monetary policy committee, told journalists that the cut in borrowing rates was expected to invigorate investments and provide a push to the prime minister's key scheme to provide housing. (more...)
RBA Keeps Policy Rate Steady RBA Keeps Policy Rate Steady
- August 03, 2017

While it has been many months since the RBA said anything about the dollar in its policy statement, it has repeatedly warned in other statements that a stronger currency would push down employment and make it harder for the economy to recover from the global financial crisis. (more...)
Gboard Update Brings YouTube and Maps Integrations Gboard Update Brings YouTube and Maps Integrations
- August 01, 2017

Google's update for Gboard also includes a fun new drawing tool that allows users to create various doodles in the keyboard and share them with their message recipients. In addition, tapping on the emoji icon now enables access to the new Ink drawing feature by tapping on the pen icon . If you are new to Gboard you will need to first set it up before you can enjoy the features . (more...)
The World's Longest Pedestrian Suspension Bridge Just Opened in Switzerland The World's Longest Pedestrian Suspension Bridge Just Opened in Switzerland
- August 01, 2017

The suspension bridge is of a length of 1621 feet and rising as high as 279 feet has broken all the record - which makes it the longest in the world. Have you ever wanted to walk across Switzerland's Grabengufer valley, but lacked the time for the three-hour hike it requires? The original bridge was closed in 2010 due to unstable terrain, forcing hikers to detour into the valley before climbing back up to reach the trail. (more...)
Discovery agrees up to US$9.6bn loan for Scripps buy Discovery agrees up to US$9.6bn loan for Scripps buy
- August 01, 2017

DISCA stock was down 7% and SNI stock was up slightly as of Monday morning. The Scripps family owns more than 95% the company voting stock, and has entered into a pact with key Discovery figures John Malone and Advance/Newhouse Programming Partnership to vote in favour of the deal. (more...)
Venezuelans Vote After Months of Violent Protests Venezuelans Vote After Months of Violent Protests
- July 31, 2017

Late Sunday, a key ally of Maduro's said there was "record" participation in Sunday's election for a constitutional assembly that he says will surprise the opposition, whose leaders contend turnout was exceptionally low. It did not mention whether the European Union was considering imposing more sanctions on Venezuela , as mulled by the United States. The opposition said they believed some 2 million people voted. (more...)
Blockade states meet in Bahrain amid Gulf crisis
- July 31, 2017

In a statement, the Bahraini Foreign Ministry said the meeting "is part of continuing coordination to halt Qatar's support for terrorism and extremism and interference in the affairs of the region's countries". Armed confrontation between the two countries had been narrowly avoided in 1986 due to timely Saudi intervention. Qatar was awarded the Janan Islands. (more...)