Business


Banque Pictet & Cie SA Raises Holdings in American Express Company (NYSE:AXP)
- September 14, 2017

SRS Capital Advisors Inc. lifted its holdings in shares of American Express by 10.3% during the 1st quarter. MV Capital Management Inc. now owns 1,448 shares of the payment services company's stock valued at $122,000 after purchasing an additional 49 shares in the last quarter. (more...)
WPI inflation hits 4-month high at 3.24% in August 2017 WPI inflation hits 4-month high at 3.24% in August 2017
- September 14, 2017

Wholesale price inflation in July stood at 1.88 percent. The prices of food articles rose by 5.75 per cent from an acceleration of 2.15 per cent during July 2017 and a rise of 4.93 per cent in August 2016. However, the price of manufacture of wearing apparel (woven), except fur apparel declined 1 per cent. The index for "Non-Food Articles" group rose by 1.8 percent due to higher price of floriculture (25 percent), copra (coconut) (23 percent), guar seed (eight percent), safflower (kardi ... (more...)
FirstEnergy Corporation (FE) Shares Sold by Robeco Institutional Asset Management BV
- September 14, 2017

Several other institutional investors also recently bought and sold shares of FE. Investment Centers of America Inc. raised its stake in shares of FirstEnergy Corporation by 1.0% during the first quarter. FirstEnergy Corporation has a one year low of $27.93 and a one year high of $34.96. The utilities provider reported $0.61 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.61. (more...)
Delhi: NGT refuses to lift ban on 10-year-old diesel vehicles Delhi: NGT refuses to lift ban on 10-year-old diesel vehicles
- September 14, 2017

The government further questioned the NGTs data saying that there was no definitive way for the NGT to reaffirm it's data that says 10-year-old or more diesel vehicles are exclusively responsible for the pollution when compared to other fuels. (more...)
Boeing Company (The) (BA) Stake Decreased by Hartford Investment Management Co
- September 14, 2017

Boeing Co (Put) now has $142.20B valuation. Insiders own 0.28% of the company's stock. There are 1,621 institutional holders with active positions, accounting for 434.23 million shares in total. Therefore 57% are positive. The average Wall Street analyst rating for The Boeing Company is Strong Buy, according to the average of 16 analyst scores. (more...)
Walgreens Boots Alliance, Inc
- September 14, 2017

Other hedge funds also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. raised its stake in Walgreens Boots Alliance by 165.8% in the second quarter. Wellington Management Group LLP has an ownership of 32,846,862 stocks of the pharmacy operator's shares valued $2,727,932,000 after scooping up an extra 1,824,300 stocks in the previous period. (more...)
FCA calls for investigation into investment consultant competition FCA calls for investigation into investment consultant competition
- September 14, 2017

In response, the three largest investment consultants (Aon Hewitt, Mercer and Willis Towers Watson) offered the FCA a package of undertakings in lieu (UIL) of a reference to address its concerns. In a strongly worded statement, the FCA pointed to significant concentration in the investment consulting sector. It is important that trustees can be confident they are getting good quality advice and value for money from their investment consultants'. (more...)
Interserve Warns On Profit After Disappointing Summer Trading Interserve Warns On Profit After Disappointing Summer Trading
- September 14, 2017

The company swung to a loss past year and was forced to suspend its dividend in February due to costs related to the "energy from waste" business. Interserve first alerted shareholders to problems on the £154m project for client Viridor back in May 2016, then estimating the project would cost it £70m. (more...)
South Dakota Corn, Soybean Crop to Decline This Year South Dakota Corn, Soybean Crop to Decline This Year
- September 14, 2017

The U.S. Department of Agriculture's latest estimate for corn and soybean yields was disappointing for Iowa farmers, and concerning for Iowa's cash-strapped state government budget. Average soybean yield is forecast at 35 bushels per acre, down 6.5 bushels from 2016. Sorghum for grain production in South Dakota also is forecast to decline from last year's harvest. (more...)
Air Products and Chemicals, Inc. (APD) PT Raised to $165.00 at Argus Air Products and Chemicals, Inc. (APD) PT Raised to $165.00 at Argus
- September 14, 2017

The company is up by 0.07%% since yesterday's close of 149.28. (NASDAQ:FCNCA) has risen 33.93% since September 14, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. The total number of shares traded in the last 90-day period is 0. The number of shares now owned by investors are 59.86 mln. 12/21/2016 - Air Products and Chemicals, Inc . (more...)
Allscripts Healthcare Solutions, Inc. (MDRX)
- September 14, 2017

UnitedHealth Group Inc (NYSE:UNH) has risen 32.76% since September 12, 2016 and is uptrending. One research analyst has rated the stock with a sell rating , eight have given a hold rating and eleven have assigned a buy rating to the stock. (more...)
Morgan Stanley Upgrades Rating Lowers Price Target On EOG Resources, Inc. (EOG) Morgan Stanley Upgrades Rating Lowers Price Target On EOG Resources, Inc. (EOG)
- September 14, 2017

Separately, Executive Vice President Lloyd W. Helms, Jr. unloaded 4,000 stocks of the company's shares in a trade that took place on Mon, Aug 14th. It is down 0.00% since September 12, 2016 and is. Therefore 0 are positive. BMO Capital Markets reaffirmed a "buy" rating and set a $95.00 price objective on shares of EOG Resources in a report on Friday, August 4th. (more...)
Houghton Mifflin Harcourt Company (HMHC) Receives Consensus Recommendation of "Hold" from Analysts
- September 14, 2017

Research Frontiers, Inc. It has underperformed by 88.78% the S&P500. The Glenhill Advisors Llc holds 3.31 million shares with $35.88M value, down from 9.32M last quarter. The rating was maintained by Stifel Nicolaus with "Hold" on Monday, July 10. Fmr Llc who had been investing in Houghton Mifflin Harcourt Co for a number of months, seems to be bullish on the $1.37 billion market cap company. (more...)
SouFun Holdings Limited (NYSE:SFUN) Valuation According To Analysts
- September 14, 2017

Shares saw a steep decrease in trading volume of 25.66% under the normal average daily volume. The value of the total investment in Fang Holdings Limited American went from $164,000 to $564,000 increasing 243.9% quarter to quarter. ILLEGAL ACTIVITY WARNING: "Analysts Set SouFun Holdings Limited (SFUN) Price Target at $3.63" was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. (more...)
Brookfield Business Partners LP (BBU) Reaches Active Mover List Brookfield Business Partners LP (BBU) Reaches Active Mover List
- September 14, 2017

BB&T Securities LLC's holdings in Brookfield Property Partners L.P. were worth $910,000 as of its most recent SEC filing. Several other hedge funds have also modified their holdings of the business. Brookfield Business Partners LP (BBU) now has a 14-day Commodity Channel Index (CCI) of 74.37. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.063 per share. (more...)
Aspiriant Has Cut Intel (INTC) Holding By $438516; Choicepoint Has 1.24 Sentiment
- September 14, 2017

Intel Corporation (NASDAQ:INTC) transacted up 0.623% through out intraday market trading on early Wednesday, topping $36.315. It has outperformed by 2.77% the S&P500. Bp Public Limited Co stated it has 666,500 shares. Brick & Kyle has invested 2.64% of its portfolio in Prudential Financial Inc (NYSE:PRU). Nomura Asset Management Ltd invested in 19,634 shares or 0.52% of the stock. (more...)
Antero Resources Corporation (NYSE:AR) Under Analyst Spotlight
- September 14, 2017

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Match Group, Inc. Its down -0.29, from 2.04 in 2016Q3. First Manhattan accumulated 922,159 shares. Cubist Systematic Strategies Ltd Company holds 0.08% or 44,529 shares in its portfolio. (more...)
Raymond James Boosts Rating On Incyte Corporation (INCY)
- September 14, 2017

The fund owned 344,380 shares of the biopharmaceutical company's stock after selling 2,156 shares during the period. The stock's market capitalization is $25.42 billion. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. (more...)
China industrial output drops again in August China industrial output drops again in August
- September 14, 2017

China's factory output grew 6.0 percent in August from a year earlier, while fixed-asset investment expanded 7.8 percent in the first eight months, both well below economists' forecasts, data showed Thursday. That compared with a 4.3% gain in July, and was the smallest increase since a contraction in March 2015. Analysts had expected a slight pick-up in demand. (more...)
Man dies following house fire in Dublin Man dies following house fire in Dublin
- September 14, 2017

The two other people injured in the fire remain in hospital, but are understood not to be seriously injured. There was eight separate doorbells at the premises. Gardaí and members of the Dublin Fire Brigade at the scene of the house fire on Grove Park in Rathmines, Dublin. Emergency services have reported that everyone has been accounted for at the scene and the fire has now been extinguished. (more...)
Mariners' bats get best of Texas again Mariners' bats get best of Texas again
- September 14, 2017

Felix Hernandez returns to the mound as the Mariners (73-73) and Rangers (72-73) play the series finale at 5 p.m. Thursday. Only three Globe Life crowds have been smaller this season than the first two games against the Mariners. Gonzales owns a 5.79 ERA over 65 1/3 career innings with St. Louis and Seattle. "It happens. That's baseball", Perez said of the streak ending. Elvis Andrus hit a one-out double off the right-field wall in the Rangers sixth. (more...)
The Kraft Heinz Company (NASDAQ:KHC) Vs. Industry Vs. Sector Growth Analysis
- September 14, 2017

The Kraft Heinz Company (NASDAQ:KHC)'s earnings per share has been growing at a 24.3 percent rate over the past 5 year when average revenue increase was noted as 0 percent. FT reports, The 16 analysts offering 12 month price targets for Kraft Heinz Co have a median target of 95.50, with a high estimate of 104.00 and a low estimate of 85.00. (more...)
Inventure Foods (SNAK) Earning Somewhat Positive Press Coverage, Analysis Finds Inventure Foods (SNAK) Earning Somewhat Positive Press Coverage, Analysis Finds
- September 14, 2017

Molson Coors Brewing Company is a holding company. The Company operates in two segments: frozen products and snack products. Also, the number of investment professionals holding Inventure Foods Inc in their top 10 positions was flat from 1 to 1 for the same number. (more...)
Pounding the Pavement on Shares of Royal Dutch Shell plc
- September 14, 2017

Moreover, the indicator should be adjusted depending on the characteristics of the underlying shares. Royal Dutch Shell Plc (LON: RDSA ) had its price target hoisted by equities research analysts at Deutsche Bank AG from GBX 2,400 ($31.00) to GBX 2,450 ($31.64) in a research note issued to investors on Monday, September 4th. (more...)
FY2017 EPS Estimates for CH Robinson Worldwide, Inc. (CHRW) Lifted by KeyCorp
- September 14, 2017

Ch Robinson Worldwide Inc now has $10.22 billion valuation. Insiders own 0.69% of the company's stock. Lyons Wealth Ltd Com holds 1.15% of its portfolio in C.H. Among 18 analysts covering Duke Energy ( NYSE:DUK ), 3 have Buy rating, 3 Sell and 12 Hold. Therefore 92% are positive. Duke Energy had 49 analyst reports since August 7, 2015 according to SRatingsIntel. (more...)
Tesla's 'Unreal' Semi Truck Slated For October Reveal Tesla's 'Unreal' Semi Truck Slated For October Reveal
- September 14, 2017

Passenger auto makers are already looking to give Tesla plenty of competition with new electric vehicles over the next few years. But now it looks like Tesla has done enough work on the semi-truck and all set to debut its new creation. (more...)
Hurricane losses threatening Munich Re profit guidance for 2017 Hurricane losses threatening Munich Re profit guidance for 2017
- September 14, 2017

The combination of the two events is expected to result in high insurance and reinsurance industry losses, Munich Re said, adding that neither it nor the market can quantify the loss at this early stage. Deutsche Bank analysts said this morning that they believe Munich Re will face a loss of at least the level it suffered from hurricane Sandy, which was Euro 800 million. (more...)
Jamie Dimon: Bitcoin Is A Fraud Jamie Dimon: Bitcoin Is A Fraud
- September 14, 2017

The head of America's largest bank threatened to dismiss traders if they trade the cryptocurrency. "It's a fraud. It's worse than tulip bulbs and won't end well", Dimon said. Meanwhile, the controversial cryptocurrency has tumbled to a three-week low and is now trading at around $3,970. Investors started selling off the cryptocurrency after reports that Chinese regulators might shut down domestic bitcoin exchanges. (more...)
Oil prices decline as United States crude stocks soar Oil prices decline as United States crude stocks soar
- September 14, 2017

USA crude imports fell last week by 1.2 million bpd to 5.7 million bpd, the lowest on record. "WTI has been lagging [Brent] of late due to the bearish impact of Hurricane Harvey on refining activity", but played catch up Wednesday. Production capacity at the Azar field has reached about 30,000 barrels per day, Mohammadi said, according to SHANA. In regards to del Pino's visit to Kuwait, Al-Marzouq said that it was within the JMMC's efforts to exchange views on the status quo of the global ... (more...)
Culture Secretary confirms CMA referral for Sky, Fox deal Culture Secretary confirms CMA referral for Sky, Fox deal
- September 14, 2017

Ms Bradley's announcement sets up a potentially awkward encounter with James Murdoch, who is chief executive of Fox and chairman of Sky, at the Royal Television Society Convention in Cambridge on Thursday, where they are both scheduled to speak. (more...)