Business


How Insiders and Institutions are Trading International Business Machines Corporation (IBM) How Insiders and Institutions are Trading International Business Machines Corporation (IBM)
- October 03, 2017

The company had revenue of $19.29 billion during the quarter, compared to the consensus estimate of $19.45 billion. It has a 32.16 P/E ratio. The Company's divisions are Same-Store Communities and Non-Mature Communities/Other. Victory Capital Management Inc increased Cypress Semiconductor Corp (NASDAQ:CY) stake by 1.36 million shares to 6.09M valued at $83.18M in 2017Q2. It also reduced its holding in Capella Education Co (NASDAQ:CPLA) by 5,600 shares in the quarter, leaving it with 16,475 ... (more...)
Vetr Inc. Upgrades Netflix, Inc. (NFLX) to "Hold"
- October 03, 2017

Calamos Advisors has an ownership of 208,945 stocks of the Internet television network's shares valued $31,218,000 following acquiring an extra 138,945 shares through out the previous quarter, Alps Advisors bought a new stake in stocks of Netflix in the Fiscal Q2 valued about $262,000. (more...)
Hard Facts About Fortress Investment Group LLC (NYSE:FIG)
- October 03, 2017

Wood downgraded the shares of FIG in report on Monday, July 11 to "Market Perform" rating. Coastland Cap Limited Liability invested in 0.63% or 1.80 million shares. The company was maintained on Thursday, August 3 by Keefe Bruyette & Woods. The stock has a market cap of $1.94B and the number of outstanding shares has been calculated 504.34M. (more...)
SFPD Officer's Wife Missing After Las Vegas Shooting SFPD Officer's Wife Missing After Las Vegas Shooting
- October 03, 2017

After a gunman opened fire on an outdoor concert crowd in Las Vegas Sunday night, Novato resident Vinnie Etcheber told his wife and their two friends to run, while he stayed behind attending to wounded victims. "We will dearly miss you". Officer Etcheber was at the concert and helped get injured victims to the hospital, his brother also stated. "When he came back, everything was cordoned off", Al Etcheber said. (more...)
Olympic skier and Jaguar hit 117 miles per hour to smash towing world record Olympic skier and Jaguar hit 117 miles per hour to smash towing world record
- October 03, 2017

In a marketing stunt created to big-up the XF's four-wheel drive traction, former British Olympic skier Graham Bell agreed to be hauled along, and didn't shout stop until he hit 117mph. The XF Sportbrake is Jaguar's all-new 380-hp saloon , powered by a 3.0L supercharged V6, propelling 0-60mph in 5.3-seconds. Jeremy Hicks, Jaguar Land Rover UK MD, said after the record attempt was successful: "The XF Sportbrake's superb traction, handling and high-speed stability made it the ideal choice ... (more...)
Quarterly Sales Analysis of Rite Aid Corporation (NYSE:RAD) Quarterly Sales Analysis of Rite Aid Corporation (NYSE:RAD)
- October 03, 2017

The Symons Capital Management Inc holds 3.96 million shares with $11.68M value, up from 2.94 million last quarter. At the time of writing, the First Call consensus price target for the company is $2.54. Bank of America initiated Rite Aid Corporation (NYSE: RAD ) on Thursday, August 13 with "Buy" rating. Atlas Browninc holds 0.27% of its portfolio in Rite Aid Corporation (NYSE: RAD ) for 103,000 shares. (more...)
Former Equifax CEO Apologizes to Congress For Massive Hacking Former Equifax CEO Apologizes to Congress For Massive Hacking
- October 03, 2017

Smith says that while the company was aware of suspicious activity by potential hackers, there was no indication that data had been removed from the system. In addition, the credit card information for about 209,000 consumers was also stolen as well as certain documents with personally identifying information for approximately 182,000 consumers. (more...)
Walmart buys same-day delivery company Parcel Walmart buys same-day delivery company Parcel
- October 03, 2017

Parcel launched in 2013 to help city dwellers get their packages at convenient times. The world's largest retailer plans to use the business to offer free, same-day delivery in New York City - the most populous city in the US - as it continues to push into e-commerce to compete with Amazon ( AMZN ), Wal-Mart announced the purchase on its website, saying it paid less for Parcel than other acquisitions made this year, without giving more details on the terms. (more...)
Walmart acquires NY last-mile startup Parcel Walmart acquires NY last-mile startup Parcel
- October 03, 2017

Walmart is hoping that Parcel's knowledge of the New York City area, along with its infrastructure that can support perishable and non-perishable goods, will help it compete with Amazon in one of the biggest retail markets. The acquisition price has not been disclosed by Walmart or Parcel, but a Recode report suggests that the deal closed at less than $10 million. Founded in 2013, Parcel is a so-called "last-mile" delivery platform that operates around the clock and delivers in as quickly ... (more...)
Ford Motor Company (NYSE:F) Quant Signals & Earnings Performance Check Ford Motor Company (NYSE:F) Quant Signals & Earnings Performance Check
- October 03, 2017

Finally, Ffcm LLC lifted its stake in General Motors by 2,008.1% in the 2nd quarter. It also demonstrates a stable dividend policy for General Motors Company connected to the long-run, with viable earnings. The stock touched 52-week High of $13.22 on 01/04/17 and 52-week Low of $10.47 on 08/18/17. The 50 day moving average was up by +9.05% whereas the 200 day average was up by +9.46%. (more...)
What Are Analysts Report About Kinross Gold Corporation (KGC)
- October 03, 2017

Its mean Altman Z-Score: -0.32 during the last 7 years, while average Beneish M-Score: -4.28 during the last 7 years. About 978,682 shares traded. ILLEGAL ACTIVITY WARNING: " Kinross Gold Corporation (NYSE:KGC) Stake Decreased by Artisan Partners Limited Partnership" was published by Equities Focus and is the sole property of of Equities Focus. (more...)
Whole Foods is stealing Walmart, Trader Joe's customers with low prices Whole Foods is stealing Walmart, Trader Joe's customers with low prices
- October 03, 2017

This isn't particularly surprising, given that Whole Foods is a more expensive option for groceries, even after the targeted price cuts. Nearly 10% of regular Trader Joe's customers defected to Whole Foods each day the first week after the Amazon acquisition, when the price cuts went into effect. (more...)
Fiat Chrysler recalls 646394 SUVs for brake issue Fiat Chrysler recalls 646394 SUVs for brake issue
- October 03, 2017

The shields were originally installed ith a 2014 recall involving the same vehicles, of which almost 95 percent have been serviced. The shields are created to protect the boosters from water intrusion. Chrysler says it will correct the installation of affected booster-brake shields for free. The action affects Jeep Grand Cherokees and Dodge Durangos from model years 2011-14 with about 646,000 of those vehicles in the U.S. (more...)
This common bank fee has soared 55% over the past decade This common bank fee has soared 55% over the past decade
- October 03, 2017

Seattle, San Francisco, Milwaukee, and Dallas are among the lowest. When you cheat on your bank by withdrawing cash from a competitor's ATM, a warning message on the screen makes it clear customers will likely face various fees. The fee includes the surcharge imposed by the ATM owner on a non-customer and an additional fee charged by the account-holder's bank. And here's another sign it can be expensive to have a checking account . (more...)
Warren Buffett trolls Trump and GOP on tax cuts Warren Buffett trolls Trump and GOP on tax cuts
- October 03, 2017

Pilot Flying J has more than 750 locations in 44 USA states and Canada selling gas, diesel fuel, and convenience goods, and offering trucks more than 70,000 parking spaces and 5,000 diesel lanes. The purchase may help Buffett deploy a sizable chunk of Berkshire's $100-billion cash hoard, after his efforts this year to buy the Oncor utility in Texas and help finance a Kraft Heinz Co. (more...)
Russia's Oil Output Remains Flat At 10.91 Million Bpd Russia's Oil Output Remains Flat At 10.91 Million Bpd
- October 03, 2017

At this time, although oil prices are improving, Saudi Arabia can not increase its output since the Organization of Petroleum Exporting Countries (Opep) has agreed to slash production as it waits for prices to go up. More alarming to analysts was the 0.6% growth in Saudi Arabia's non-oil economy , showing the effects of government spending cuts and subdued consumer demand. (more...)
Jobs at risk as Britvic plans to close Norwich factory Jobs at risk as Britvic plans to close Norwich factory
- October 03, 2017

United Kingdom soft drinks company Britvic PLC said on Tuesday it is proposing to close its Norwich manufacturing site by the end of 2019, affecting 242 jobs at the site. The move is part of a three-year transformation programme unveiled by the company in 2015, under which it plans to invest £240m in its United Kingdom manufacturing operations. (more...)
BlackRock Inc. Sells 210733 Shares of Invesco PLC (NYSE:IVZ)
- October 03, 2017

It has outperformed by 2.75% the S&P500. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company's stock. The short-interest ratio decreased to 2.0 and the short interest percentage is 0.01% as of September 15. The Company has a presence in the retail and institutional markets within the investment management industry in North America; Europe, Middle East and Africa (EMEA), and Asia-Pacific. (more...)
Liquor baron held in money laundering case Liquor baron held in money laundering case
- October 03, 2017

MLAT in criminal matters does not cover the subject to bring back persons under investigation. Known for his lavish lifestyle, Vijay Mallya has repeatedly defied summons by courts and investigators in India but has been a regular at public events in Britain, especially for the Formula One team that he owns. (more...)
Man charged with stabbing boy near Birmingham mosque Man charged with stabbing boy near Birmingham mosque
- October 03, 2017

A man has been charged after a 15-year-old Muslim boy was stabbed outside a Shia mosque in the central English city of Birmingham . He remains in a critical condition. The victim's brother Syed Nedhi Abbas, 17, said his brother was attacked when he approached the mosque as their father and 11-year-old brother were turning the vehicle around when the attacker ran towards him. (more...)
LBA Has $1.538 Million Stake in Comtech Telecomm. Corp. (CMTL)
- October 03, 2017

Receives $1.5 Million Contract for ..." on September 05, 2017, also Businesswire.com with their article: " Comtech Telecommunications Corp . Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. (more...)
Markets register strong gains, Sensex jumps above 200 points Markets register strong gains, Sensex jumps above 200 points
- October 03, 2017

During the pre-opening session on Tuesday, Sensex climbed over 100 points, Nifty50 trades above 9,850; rupee trades at 65.57 against USA dollar. The Monetary Policy Committee headed by RBI governor Urjit Patel started two-day deliberations on Tuesday with industry and the government hoping for interest rate cut to spur growth which fell to 3-year low of 5.7 per cent in the June quarter, while experts expect status quo. (more...)
SEC says 2016 hack exposed personal data
- October 03, 2017

U.S. Securities and Exchange Commission Chair Jay Clayton said Monday that the personal information of at least two individuals was compromised as a result of the cyberattack announced in September. SEC Chairman Jay Clayton had previously said the regulator didn't think hackers had accessed such information, which could be used for identity theft. (more...)
Ford creates 'Team Edison' to speed up EV development Ford creates 'Team Edison' to speed up EV development
- October 03, 2017

Earlier this year Ford announced that it would be bringing its first all-electric CUV by 2020 with over 300 miles of range. In an interview with Reuters , Sherif Marakby, vice president of autonomous vehicles and electrification said that the new group will "look holistically at the electric vehicle market". (more...)
Ashford Hospitality Prime, Inc. to Issue Quarterly Dividend of $0.16 (NYSE:AHP)
- October 03, 2017

The stock decreased 0.43% or $0.11 on September 29, reaching $25.34. 625410 shares were traded on Hersha Hospitality Trust's last session. 07/27/2017 - Hersha Hospitality Trust had its "outperform" rating reiterated by analysts at FBR Capital Markets. (more...)
ON Semiconductor Corporation (ON) Getting Somewhat Positive Media Coverage, Accern Reports
- October 03, 2017

Morgan Stanley initiated the shares of ANTM in report on Wednesday, June 7 with "Equal-Weight" rating. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the company. (more...)
Commuters jump on train tracks to escape 'preacher' Commuters jump on train tracks to escape 'preacher'
- October 03, 2017

Hayley Barlow, a journalist at Channel 4 who witnessed the incident, said the train was subsequently delayed for over an hour. After conflicting reports from passengers over whether the man had threatened people with a bomb, Ian posted the train's guard had checked the man's bag and discovered "just a drink bottle and some books". (more...)
Here's how IN couple duped Amazon of $1.2 million Here's how IN couple duped Amazon of $1.2 million
- October 03, 2017

But after using hundreds of fake online identities to grift the online retail giant, the husband and wife team face up to 20 years behind bars for fraud and money laundering. As reported by The Star Press , Erin Joseph Finan and Leah Jeanette Finan, 38 and 37-years-old respectively, recently pleaded guilty to the theft in front of a judge at the US District Court in Indianapolis . (more...)
Ryanair traffic up 10% in September despite cancellations Ryanair traffic up 10% in September despite cancellations
- October 03, 2017

In a further blow to passengers last week, an additional 18,000 flights for the winter season were scrapped. In its latest update, Ryanair apologised again for the disruption, which has ruined holiday plans for swathes of its customers. (more...)
Hilton Worldwide Holdings Inc Hilton Worldwide Holdings Inc
- October 03, 2017

Hilton Worldwide Holdings's dividend payout ratio is now 461.33%. Berenberg Bank reiterated a "sell" rating and issued a $47.00 price target on shares of Hilton Worldwide Holdings in a research report on Thursday, July 27th. The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, August 18th will be issued a $0.15 dividend. (more...)