Business


Oracle announces developer platform updates at OpenWorld conference Oracle announces developer platform updates at OpenWorld conference
- October 03, 2017

The upscale specialty retailer is leveraging Oracle's cloud-based platform to drive efficiencies across merchandising and inventory management. "Deloitte helps our customers to understand what's possible with the Oracle suite of cloud technologies and to manage the people and process changes needed to become a digital organization". (more...)
RBA Holds Interest Rates, Remains Cautious on Outlook RBA Holds Interest Rates, Remains Cautious on Outlook
- October 03, 2017

The cash rate last moved in August 2016, ticking down by 25 basis points. That would be the first rise in official cash rates since November 2010. "At a global level, things are also looking up". "This is likely to continue for a while yet, although the stronger conditions in the labour market should see some lift in wage growth over time", he said. (more...)
DONG Energy to become Ørsted DONG Energy to become Ørsted
- October 03, 2017

The company will also phase out all use of coal by 2023. The announcement was made at an early morning town hall in Denmark. "Therefore, now is the right time to change our name", says Thomas Thune Andersen, chairman of the board of directors. (more...)
Stock Grabbing Investor's Attention: Cliffs Natural Resources Inc (CLF)
- October 03, 2017

About 5.25M shares traded. The legal version of this article can be viewed at https://weekherald.com/2017/10/02/fbr-co-analysts-give-cliffs-natural-resources-inc-clf-a-10-00-price-target.html. Royal Bank Of Canada has 0% invested in Cleveland-Cliffs Inc (NYSE: CLF ). The rating was downgraded by Macquarie Research to "Neutral" on Friday, January 8. (more...)
Private Equity Deal Continues to Elude Nordstrom Private Equity Deal Continues to Elude Nordstrom
- October 03, 2017

The Nordstrom family - whose fourth-generation brothers Blake, Erik and Peter now run the company as co-presidents - reached an agreement in principle last month to sell preferred shares to private-equity firm Leonard Green & Partners to support the buyout. (more...)
Power Move: Ex-Uber CEO Appoints Two Directors To Company's Board Power Move: Ex-Uber CEO Appoints Two Directors To Company's Board
- October 03, 2017

Those two coordinated moves could drastically reshape the ride-hailing company's governance, while officially kick-starting what could end up being the largest private stock sale in history. Benchmark is also exploring legal options to challenge Kalanick over the new appointments, according to multiple reports. Burns and Thain took their seats Monday and will be eligible to vote at Tuesday's board meeting in San Francisco, 3 people said. (more...)
GW Pharmaceuticals (GWPH) Shares Cross Above 200 DMA
- October 03, 2017

GW Pharmaceuticals plc shares are now trading up about 1.4% on the day. ValuEngine upgraded GW Pharmaceuticals PLC from a "sell" rating to a "hold" rating in a report on Wednesday, June 21st. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. Victory Capital Management Inc. (more...)
Enterprise Products Partners LP (EPD) Holdings Increased by Beach Investment Management LLC
- October 03, 2017

Signature Estate & Investment Advisors Llc sold 12,879 shares as the company's stock declined 7.64% while stock markets rallied. Beach Investment Management LLC. West Family Investments Inc has invested 4.03% in Enterprise Products Partners L.P. (NYSE: EPD ). Aull Monroe Invest Mngmt invested in 43,456 shares. (more...)
Wells Fargo & Company (WFC) Stock Rating Reaffirmed by Instinet Wells Fargo & Company (WFC) Stock Rating Reaffirmed by Instinet
- October 02, 2017

United States Steel & Carnegie Pension Fund sold 429,343 shares as Wells Fargo & Co ( WFC)'s stock declined 8.66%. The financial services provider reported $1.07 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.02 by $0.05. (more...)
Walgreens Boots Alliance Inc
- October 02, 2017

Walgreens Boots Alliance had a return on equity of 16.76% and a net margin of 3.52%. Analysts forecast earnings per share of $1.22, up exactly $0.15 or 14.02 % from 2014's $1.07 EPS. (NASDAQ: WBA ) has seen its stock price gain, or, so far in 2017. Whereas, in last 21 trading days (one month) was climbed -4.79% and moved down in last 63 trading days (quarter) of -1.08%. (more...)
ISM Manufacturing Index Rises to 60.8 in September ISM Manufacturing Index Rises to 60.8 in September
- October 02, 2017

The report, issued by Timothy Fiore, chair of the Institute for Supply Management manufacturing business survey committee, maintained that the September Purchasing Managers Index registered 60.8%, an increase of two percentage points from the August reading. (more...)
GM promises more electric vehicles, paid for by SUVs GM promises more electric vehicles, paid for by SUVs
- October 02, 2017

Still, GM is committing to rolling out two new all-electric vehicles within the next 18 months, and to having at least 20 new all-electric vehicles in the market by 2023. Reuss also added that the Bolt is a "window into how GM will move humanity forward in the future, with all-electric propulsion". He said that if an automaker was making those kinds of predictions, they probably don't have a lineup that's as large as GMs, which ranges from small cars to heavy-duty trucks. (more...)
Shamed 2 Sisters Food Group shut down West Midlands plant Shamed 2 Sisters Food Group shut down West Midlands plant
- October 02, 2017

An undercover investigation by the Guardian and ITV News has found that workers for 2 Sisters Food Group, a major supplier of chicken for United Kingdom supermarkets and grocers, have been tampering with food safety records which could result in consumers buying meat which is past its use-by date. (more...)
Last minute: Bomb attack occurred in Damascus Last minute: Bomb attack occurred in Damascus
- October 02, 2017

The Interior Ministry also reported the attack, saying two suicide bombers had blown themselves up, killing civilians and police officers, but giving no precise toll. Russian Federation and Iran support the government of Syrian President Bashar al-Assad, while the United States and Turkey back rebel groups. The 955 civilians killed in September included 207 children, said the SOHR, which relies on a wide network of sources inside Syria for its information. (more...)
Drivers urged to avoid Holland Tunnel following fire at ramp Drivers urged to avoid Holland Tunnel following fire at ramp
- October 02, 2017

Drivers who commute through the Holland Tunnel are urged to use mass transit. The fire broke out underneath the Cole Street bridge on Route 139 on Friday evening, damaging the ramp and forcing officials to shut down three lanes of westward bound traffic. (more...)
Comcast Holdings ZONES (NYSE:CCZ) Trading Unchanged
- October 02, 2017

The stock increased 1.75% or $0.66 during the last trading session, reaching $38.48. WMB's profit would be $148.81M giving it 41.68 P/E if the $0.18 EPS is correct. The stock has a market capitalization of $181.37 billion, a price-to-earnings ratio of 19.39 and a beta of 0.98. The Firm focuses on creating its online store and its own in-house marketing production. (more...)
Nissan recalls 1.2 million cars in Japan Nissan recalls 1.2 million cars in Japan
- October 02, 2017

Approximately 34,000 vehicles including OEM cars will be subject to re-inspection. "We must take the registration framework and procedures seriously, regardless of how busy we may be or how short-staffed we may be", CEO Hiroto Saikawa told reporters at a media conference. (more...)
Lexington Realty Trust (NYSE:LXP) Experiences Lighter than Average Trading Volume Lexington Realty Trust (NYSE:LXP) Experiences Lighter than Average Trading Volume
- October 02, 2017

About 3.25 million shares traded or 14.04% up from the average. It has underperformed by 9.95% the S&P500. Whittier Trust Co increased its stake in Baker Hughes Inc Com (BHI) by 3.08% based on its latest 2017Q2 regulatory filing with the SEC. (more...)
Inflation squeezes United Kingdom manufacturing growth while eurozone factories power ahead Inflation squeezes United Kingdom manufacturing growth while eurozone factories power ahead
- October 02, 2017

The final manufacturing Purchasing Managers' Index climbed to a 79-month high of 58.1 in September from 57.4 in August. Meanwhile, output price inflation softened. The final index for new export orders rose to 53.5, more than the preliminary reading of 53.1 and above a final 51.3 in the previous month, highlighting how Japan's economy has benefited from an upturn in global demand this year. (more...)
Eagle Bancorp, Inc. (EGBN) Updated Broker Ratings
- October 02, 2017

It has underperformed by 12.44% the S&P500. That brings the President & CEO's holdings to $3,232,125 as recorded in a recent Form 4 SEC filing. (APEI)'s stock declined 6.15%. Weinstein Leland M also sold $516,081 worth of Eagle Bancorp, Inc . (NASDAQ:EGBN). Raymond James & Associate accumulated 0.01% or 80,829 shares. 5,000 shares were sold by Goodman Harvey Michael , worth $317,298. (more...)
These two charts show what's wrong with Trump's tax proposal These two charts show what's wrong with Trump's tax proposal
- October 02, 2017

Like in 1986, this plan promises to reduce both the number of brackets and the number of deductions. Trump and his allies say the cuts will lead to an overhaul of the tax code. Trump's big tax plan raises rates for the poor, and cuts rates for the rich. For people in the middle quintile, making between $US48,601 and $US86,100, it would mean a decrease of just $US660 - or 1 percentage point. (more...)
Near-Term, Can This Stock Move the Needle: Union Pacific Corporation (NYSE:UNP)
- October 02, 2017

Using a broader approach, shares have been trading 7.98% off of the 200-day moving average. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since October 1, 2016 and is uptrending. Shelton Cap Management holds 0.02% in Cypress Semiconductor Corporation (NASDAQ:CY) or 24,346 shares. Lastly, Zacks Lowered stocks of Union Pacific Corporation from a "buy" recommendation to a "hold" recommendation in a analysis note on Mon, Jul 24th. (more...)
Bed Bath & Beyond's (NASDAQ:BBBY) Bed Bath & Beyond's (NASDAQ:BBBY) "Neutral" Rating Reiterated at UBS AG
- October 02, 2017

The stock increased 0.95% or $0.22 on September 28, reaching $23.47. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 1. Moreover, Mutual Of America Ltd Limited Liability Company has 0.01% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 200 shares. Vanguard Group Inc. (more...)
Has $23.66 Million Holdings in Walt Disney Company (The) (DIS) Has $23.66 Million Holdings in Walt Disney Company (The) (DIS)
- October 02, 2017

Stocks of Walt Disney Company ( DIS ) transacted up 0.02% throughout intraday market trading on early Friday, reaching $98.07. About 8.19M shares traded. RBC Capital Markets maintained the stock with "Hold" rating in Monday, August 7 report. The Firm has four primary lines of specialty lending: securities backed lines of credit (SBLOC), automobile fleet and other equipment leasing, Small Business Administration (SBA), loans and loans generated for sale into capital markets primarily through ... (more...)
Steel Dynamics, Inc. (STLD) Upgraded by Macquarie to Outperform
- October 02, 2017

Citigroup maintained Steel Dynamics, Inc . Shareholders of record on Saturday, September 30th will be paid a dividend of $0.155 per share. 11 or 84.62% of the trades during the past quarter were buys, and 2 or 15.38% were sells. Liberty Mutual Grp Inc Asset stated it has 0.46% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). Morgan Stanley has "Overweight" rating and $140 target. (more...)
LPG Cylinder price hiked by Rs 1.50, Subsidised LPG cylinder price now Rs 488.68 LPG Cylinder price hiked by Rs 1.50, Subsidised LPG cylinder price now Rs 488.68
- October 02, 2017

The hike comes on back of over Rs 7 per cylinder increase effected from September 1. The earlier hike was announced on September 1, which was nearly of 4 percent (Rs 1,910). The quantum has now been doubled so as to bring down the subsidy to nil. Also, non-subsidised cooking gas ( LPG) price was hiked by ₹7 per cylinder, with the government's decision to raise rates every month to eliminate subsidies by March. (more...)
Do You Have American Eagle Outfitters, Inc. (NYSE:AEO) In Your Portfolio?
- October 02, 2017

The P/E ratio is now 14.59 and the market cap is 2.52B. The stock declined 0.58% or $0.24 reaching $41.18 on the news. About 661,996 shares traded. It is down 31.50% since September 29, 2016 and is downtrending. 03/01/2017 - American Eagle Outfitters, Inc . had its "neutral" rating reiterated by analysts at Mizuho. BlueFin Research downgraded the shares of AEO in report on Monday, November 7 to "Market Perform" rating. (more...)
Marvell Technology Group Ltd. (NASDAQ:MRVL)
- October 02, 2017

Deutsche Bank Aktiengesellschaft (DB) climbed 2.47% and its total traded volume was 4.99 million shares contrast to the average volume of 4.01 million shares. The stock was sold at an average price of $17.57, for a total transaction of $9,439,218.95. Institutional investors own 76.61% of the company's stock. (more...)
Shares in Alexion Pharmaceuticals, Inc. (ALXN) Purchased by Massey Quick & Co. LLC Shares in Alexion Pharmaceuticals, Inc. (ALXN) Purchased by Massey Quick & Co. LLC
- October 02, 2017

It has underperformed by 34.82% the S&P500. Royal Bank Of Canada began coverage on Alexion Pharmaceuticals in a research note on Thursday, September 14th. The biopharmaceutical company reported $1.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.48. (more...)
SpaceX founder unveils his mission to Mars SpaceX founder unveils his mission to Mars
- October 02, 2017

SpaceX also announced its new fully reusable BFR rocket which could eventually be used for global flights on Earth as well besides doing nearly every flight-related activity that the company enrages in or proposes to do, including carrying humans to Mars. (more...)