Business


RBI to print new Rs 100 currency notes? RBI to print new Rs 100 currency notes?
- October 04, 2017

While most of us have had a love and hate relationship with the changing face of currency notes in the country, the Reserve Bank of India ( RBI ) is gearing up for yet another move. As per the report , the exercise of pumping the Rs 200 notes into the system is likely to take around another six months. Since the announcement of demonetisation the government has introduced new Rs 2000, Rs 500, Rs 200 and Rs 50 notes. (more...)
Shedding Some Light on Chicago Bridge & Iron Company NV (NYSE:CBI) Technicals Shedding Some Light on Chicago Bridge & Iron Company NV (NYSE:CBI) Technicals
- October 04, 2017

Keeping an eye on Moving Averages, the 50-day is 14.61, the 200-day is at 24.01, and the 7-day is 16.81 for Chicago Bridge & Iron Company N.V. (CBI). Arbiter Partners Capital Management Llc acquired 273,370 shares as Chicago Bridge & Iron Co Nv (CBI)'s stock declined 38.73%. (more...)
Global Egg Packaging Market Top Players 2017 - CDL, Huhtamaki, Pactiv, Europack Global Egg Packaging Market Top Players 2017 - CDL, Huhtamaki, Pactiv, Europack
- October 04, 2017

A complete backdrop analysis, which includes an assessment of the parent market. On the basis of key players, types and applications global Digital X-ray Systems market is segmented. Moreover, the factors on it the businesses contend among the market area unit evaluated among the report. The report offers AN comprehensive define of the key segments at intervals the market. (more...)
No impact of Aircel merger cancellation on RCom's rating: Moody's No impact of Aircel merger cancellation on RCom's rating: Moody's
- October 04, 2017

RCom and Aircel had signed binding agreements in September 2016 for the merger of mobile business and was expecting a reduction of about Rs 20,000 crore post completion of the merger. Around half of spectrum of debt-ridden RCom will expire in 2021 and high leverage of the company will limit its ability to renew airwaves, leading to a sharp drop in its 2G revenue coverage, CLSA said. (more...)
IRS awards Equifax $7.25 million contract to prevent fraud IRS awards Equifax $7.25 million contract to prevent fraud
- October 04, 2017

Meanwhile, former Equifax CEO Richard Smith has a series of testimonies on Capitol Hill this week, where he is faced with angry lawmakers who want answers about a megabreach that compromised the personal information of hundreds of millions of US adults. (more...)
Tesco resumes dividend as profits rise to £562m in first half Tesco resumes dividend as profits rise to £562m in first half
- October 04, 2017

Revenue in the 26 weeks to 26 August of £28.3bn was 3.7% higher than the same period past year and ahead of the consensus estimate of £27.6bn. The grocery giant said operating profit before exceptional items soared 27. The CMA has said there are 350 areas where there is an overlap between Tesco shops and Booker-supplied independent stores. "Today's announcement that we are resuming our dividend reflects our confidence that we can build on our strong performance to date". (more...)
Needle Tilting Mid-Session For Cooper Tire & Rubber Company (CTB) Needle Tilting Mid-Session For Cooper Tire & Rubber Company (CTB)
- October 04, 2017

Several analysts have weighed in on CTB shares. The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. The Goodyear Tire & Rubber Company is a manufacturer of tires. The total value of its holdings decreased 17.1%. Following the completion of the transaction, the insider now owns 71,849 shares of the company's stock, valued at approximately $2,547,765.54. (more...)
Procter & Gamble Company (The) (NYSE:PG) Under Analyst Spotlight
- October 04, 2017

It has underperformed by 9.16% the S&P500. Fred Alger Mgmt reported 0.02% stake. Cascade Investment Advisors Inc. now owns 3,395 shares of the company's stock worth $296,000 after buying an additional 17 shares during the last quarter. The firm has "Market Perform" rating by Wells Fargo given on Tuesday, November 15. The brokerage issued an outperform rating and a $102.00 price target on the stock. (more...)
American Express wins dismissal of lawsuit over lost Costco contract
- October 04, 2017

The New York-based Howe And Rusling Inc has invested 0% in American Express Company (NYSE: AXP ). OppenheimerFunds Inc. now owns 3,627,184 shares of the payment services company's stock worth $286,946,000 after purchasing an additional 1,038,328 shares during the period. (more...)
Facial surveillance on the cards in the name of Australia's national security Facial surveillance on the cards in the name of Australia's national security
- October 04, 2017

He played down the risk of the data from the system being hacked. Premier Mark McGowan said while this Council of Australian Governments meeting was dedicated to issues around terrorism, he could not guarantee a national adoption of laws allowing police officers to shoot to kill in terrorist incidents. (more...)
Shares Under Scrutiny: Digital Realty Trust (DLR) Shares Under Scrutiny: Digital Realty Trust (DLR)
- October 04, 2017

RBC Capital Markets maintained it with "Buy" rating and $12700 target in Thursday, June 8 report. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.64. had its "hold" rating reiterated by analysts at Jefferies. Rampart Investment Management Communications Ltd invested in 0.04% or 835 shares. (NYSE:JPM). (more...)
Cognizant Technology Solutions Corporation's (CTSH) "Outperform" Rating Reaffirmed at Wedbush
- October 04, 2017

The stock rose 0.89% or $0.43 reaching $49.01 per share. About 1.29 million shares traded. Cowen & Co maintained Cognizant Technology Solutions Corp (NASDAQ: CTSH ) rating on Wednesday, September 6. Cognizant Technology Solutions Corporation is a professional services company. After $0.87 actual earnings per share reported by Cognizant Technology Solutions Corp for the previous quarter, Wall Street now forecasts -2.30% negative EPS growth. (more...)
GM and Ford announce major electric vehicle plans GM and Ford announce major electric vehicle plans
- October 04, 2017

Moreover, Ford said it is cutting its capital expenditures with internal combustion engines by a third and redeploying the capital into electric cars, in addition to a previously announced $4.5 billion in investments in electrification. Ford CEO Jim Hackett has unveiled his long-awaited strategic update to investors. Ford appointed Mr. Hackett to succeed Mark Fields, who was ousted in the spring amid a downtrodden share price and belief inside and outside the company that the auto maker ... (more...)
Brokers Add To Their Ratings On Royal Caribbean Cruises Ltd. (NYSE:RCL) Brokers Add To Their Ratings On Royal Caribbean Cruises Ltd. (NYSE:RCL)
- October 04, 2017

Therefore 71% are positive. J P Morgan Chase & Co upgraded Royal Caribbean Cruises from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $111.00 to $130.00 in a research report on Thursday, July 20th. (more...)
Royal Mail faces Christmas walkouts Royal Mail faces Christmas walkouts
- October 04, 2017

The CWU Postal Executive will meet later this week to determine the next steps in this campaign and any potential strike dates. It added: 'Industrial action is damaging for our business and it undermines the trust of our customers. Parcel comparison site ParcelHero said that "any action leading into the busiest Christmas period will have a huge impact on the ordinary public and could also be the beginning of the end for the Royal Mail". (more...)
Jerry Jones says Dallas Cowboys were not influenced by Trump phone calls Jerry Jones says Dallas Cowboys were not influenced by Trump phone calls
- October 04, 2017

During pre-game ceremonies before their matchup on Monday, the entire Cowboys team, joined by team owner Jerry Jones, kneeled on the field in unity just before the national anthem played. Jones, who according to CNN donated $1 million to President Trump's inaugural committee, joined several other National Football League owners who stood or knelt with their teams after Trump lasted out at athletes who don't honor the anthem. (more...)
Hyperloop One Dreams Reach Missouri Hyperloop One Dreams Reach Missouri
- October 04, 2017

Louis along the I-70. The Missouri Hyperloop Coalition is comprised of MDOT, the St. Louis Regional Chamber , the KC Tech Council , the University of Missouri System and the Missouri Innovation Center in Columbia . As tests continue, the company is courting cities around the world to be part of their first-ever route. Missouri was not a victor in Hyperloop One's challenge, yet the company sees the state's interest in a hyperloop route as further validation for its still-untested ... (more...)
Austin City Limits music festival offers refunds following Las Vegas shooting Austin City Limits music festival offers refunds following Las Vegas shooting
- October 04, 2017

Interim Austin Police Chief Brian Manley said the biggest issues with ACL are usually traffic and getting massive crowds of people in and out of the city. "Safety has always been our top priority", fest organizers said in a statement that also offered thoughts and prayers for Las Vegas . The festival continues the following weekend, October 13-15. (more...)
The Priceline Group Inc. (NASDAQ: PCLN) The Priceline Group Inc. (NASDAQ: PCLN)
- October 04, 2017

Echo Street Capital Management Llc who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $89.82 billion market cap company. Gareth Morgan Investments Limited Partnership owns 5,186 shares. At Bancorp has 20,228 shares for 0.13% of their portfolio. Harvest Fund Management Co. (more...)
Stocks Midday Alert: Office Depot, Inc. (NYSE:ODP), CenturyLink, Inc. (NASDAQ:CTL) Stocks Midday Alert: Office Depot, Inc. (NYSE:ODP), CenturyLink, Inc. (NASDAQ:CTL)
- October 04, 2017

About 1.62 million shares traded. It has outperformed by 395.60% the S&P500. Analysts expect Office Depot Inc (NASDAQ: ODP ) to report $0.17 EPS on November, 1.They anticipate $0.01 EPS change or 6.25% from last quarter's $0.16 EPS. The North American Retail Division includes retail stores in the United States, including Puerto Rico and the United States Virgin Islands, which offer office supplies, technology products and solutions, business machines and related supplies, facilities ... (more...)
Cisco Systems, Inc. (NASDAQ:CSCO) Under Analyst Spotlight Cisco Systems, Inc. (NASDAQ:CSCO) Under Analyst Spotlight
- October 04, 2017

The sale was disclosed in a filing with the SEC, which is available at this link . The total amount of shares outstanding is 2.74B, giving the company a market capitalization of about 176.77B. More notable recent Cisco Systems, Inc . (NASDAQ: CSCO ) was sold by CHAMBERS JOHN T. Jacoby Rebecca had sold 92,840 shares worth $2.94M on Wednesday, June 14. (more...)
Marathon Oil Corporation (MRO) 10.64% away from 20 SMA
- October 04, 2017

The company shares sank -6.38% from their peak of $9.71 and now has a $307.91 million market value of equity. From the opening price, the stock has seen a change of 0.96% recently clocking in with a price of $13.70. Investors may be hesitant to exit a position with the fear that the stock may have much more room to run. Investors sentiment increased to 1.09 in Q2 2017. (more...)
Comparable Company Analysis: Brandywine Realty Trust (BDN), MBIA Inc. (MBI)
- October 04, 2017

Used in conjunction with a variety of other ratios, this indicator is a very important tool for investors in determining the effectiveness of a company to generate returns for investors. Currently, the 14-day ADX for Physicians Realty Trust (DOC) is sitting at 30.87. Several equities analysts recently commented on the company. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 133.57 and a beta of 0.47. (more...)
Placing the Spotlight on Ishares III Plc (ISBB.L)
- October 04, 2017

CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. As you can see by the chart below, the Tenkan Line is quite different than a 9SMA. The MFI was created by Gene Quong and Avrum Soudack and they believed a reading above 70-80 would signify Overbought territory where a reading below 20-10 would indicate that the conditions were indicative of an Oversold price level. (more...)
The Caymus Capital Partners LP Lowers Position in Suncor Energy Inc. (SU) The Caymus Capital Partners LP Lowers Position in Suncor Energy Inc. (SU)
- October 04, 2017

Bahl & Gaynor Inc.'s holdings in Suncor Energy were worth $891,000 at the end of the most recent quarter. It is down 6.33% since October 3, 2016 and is downtrending. The Company's Refining and Marketing segment is engaged in Refining and Supply, and Marketing operations. The leverage ratio can measure how much of a company's capital comes from debt. (more...)
Taylor Swift Lyrics Used to Stop Distracted Drivers Taylor Swift Lyrics Used to Stop Distracted Drivers
- October 04, 2017

In the song, Swift reads out a message to listeners: "I'm sorry, the old Taylor can't come to the phone right now. Why?" The message comes as part of the state's Zero Fatalities initiative, which aims to keep drivers off their phones to prevent accidents. (more...)
Coca-Cola European Partners PLC (CCE) Getting Somewhat Positive News Coverage, Study Finds Coca-Cola European Partners PLC (CCE) Getting Somewhat Positive News Coverage, Study Finds
- October 04, 2017

It has underperformed by 17.65% the S&P500. Teachers Insurance & Annuity Association Of America increased Coca Cola Co (KO) stake by 32.78% reported in 2017Q2 SEC filing. (NASDAQ:EXPO) to report earnings on October, 18. Consolid of late if you look at the decrease in short interest. Since May 3, 2017, it had 0 insider buys, and 4 sales for $22.03 million activity. (more...)
BlueMountain Capital Management LLC Acquires Shares of 16145 Lennar Corporation (NYSE:LEN) BlueMountain Capital Management LLC Acquires Shares of 16145 Lennar Corporation (NYSE:LEN)
- October 04, 2017

The 1-year high was reported on Oct, 3 by Barchart.com . The fund owned 62,297 shares of the construction company's stock after purchasing an additional 9,965 shares during the period. The company maintains price to book ratio of 1.63. "Results were supported by strong demand for homes, low unemployment, favorable interest rates and increased consumer confidence which are all signs of a very healthy homebuilding market", the company said. (more...)
Catalogna ultime notizie: sciopero generale Catalogna ultime notizie: sciopero generale
- October 04, 2017

Madrid e Barcellona , da settimane impegnate in braccio di ferro estenuante, sono andate troppo avanti per potersi fermare in tempo ed evitare lo scontro finale di ieri: la dichiarazione di indipendenza della Catalogna (più di 2 milioni di persone al voto con il 90% di sì) non sarà, forse, un atto formalmente valido ma politicamente destinato a incendiare gli animi. (more...)
Rising demand for U.S. corn, soybeans no match for massive supplies Rising demand for U.S. corn, soybeans no match for massive supplies
- October 04, 2017

No U.S. wheat was offered. Eighty-eight percent of the crop was at the dented stage with 41 percent reaching maturity. Lower on pressure from the ongoing Midwest harvest and rising estimates of the size of the US crop. "A week of warm, dry weather allowed farmers to get a good jump on soybeans , corn silage and alfalfa harvest", a Calumet County report said. Corn stocks for 2017-18 have been forecast to rise 1.7 percent to 2.335 billion bushels. (more...)