Business


Scots unemployment rate rises despite UK-wide fall Scots unemployment rate rises despite UK-wide fall
- August 16, 2017

The Office for National Statistics (ONS) said wages increased by the equivalent of 2.1 per cent a year for April to June, up from 2 per cent from March to May. In fresh evidence of the strength of the jobs market, the unemployment rate dropping by 0.2 per cent to 4.4 per cent for the three months to June, its lowest level since 1975. (more...)
Corning Incorporated (GLW) Receives "Buy" Rating from Guggenheim
- August 16, 2017

The shares have slowed down in recent weeks, with their price down about -0.28% in the past three months. About 3.92 million shares traded. Corning Incorporated (NYSE: GLW ) has risen 53.38% since August 15, 2016 and is uptrending. Schlesinger Edward A sold $158,064 worth of stock. Clappin James P sold 106,983 shares worth $3.13 million. Shares for $699,785 were sold by TRANTER JOHN E . (more...)
Deutsche Bank AG Reiterates Buy Rating for BHP Billiton plc (BLT) Deutsche Bank AG Reiterates Buy Rating for BHP Billiton plc (BLT)
- August 16, 2017

It said, BHP looked to have taken steps toward a more value-generative way of doing business and its recent comments gave Elliott confidence Chairman-elect Ken MacKenzie would heed shareholders' calls to take steps to enhance value for the company and its owners. (more...)
Full Motorola X4 specs and press images leak ahead of launch Full Motorola X4 specs and press images leak ahead of launch
- August 16, 2017

Android Authority , one of the leading sources for Android smartphones related news and leaks , has confirmed that Motorola is indeed working on a new handset in the X range. The display does pop out a bit during the experiment, but the phone does not buckle under the pressure. The new leaked images show phone from all sides and suggest that the Moto X4 will sport a dual camera at the back. (more...)
International Monetary Fund warns that China's credit growth is International Monetary Fund warns that China's credit growth is "on a risky trajectory"
- August 16, 2017

While the International Monetary Fund increased its forecast for Chinese expansion in 2017 from 6.2% to 6.7%, it stressed that this was the result of the authorities in Beijing putting a higher priority on hitting a growth target than on the quality of the economic output. (more...)
Fiat Chrysler surges on Chinese bids Fiat Chrysler surges on Chinese bids
- August 16, 2017

Fiat Chrysler Automobiles N.V. (NYSE: FCAU ), which essentially has been for sale for just over two years, was rebuffed by General Motors Company (GM) in 2015 while several other traditional automakers that might have been interested have either been besieged by their own troubles or have made other big acquisitions. (more...)
Uber says sorry to LTFRB for 'misunderstanding' Uber says sorry to LTFRB for 'misunderstanding'
- August 16, 2017

Uber was ordered by the LTFRB to shut down its service for "one month", beginning August 15, 2017. In an e-mail to its users, Uber said it stopped operating at 6am yesterday. "I really wish the MC (memorandum circular) gives us other options but there's only one penalty there, and that is cancellation of accreditation", Liza explained. (more...)
Wells Fargo & Company (WFC) Position Cut by Bollard Group LLC Wells Fargo & Company (WFC) Position Cut by Bollard Group LLC
- August 16, 2017

Wells Fargo & Company (WFC) traded up 0.02% during mid-day trading on Tuesday, reaching $52.85. Wells Fargo & makes up 2.1% of Culbertson A N & Co. It has underperformed by 17.57% the S&P500. It also upped Ishares Tr (IWP) stake by 33,800 shares and now owns 34,270 shares. Alphabet Inc was raised too. Investors sentiment increased to 0.84 in Q4 2016. (more...)
Achmea Investment Management BV Takes Position in Wells Fargo & Company Achmea Investment Management BV Takes Position in Wells Fargo & Company
- August 16, 2017

The SI to Sonoco Products Company's float is 4.97%. The return on assets (ROA) (aka return on total assets, return on average assets), is one of the most widely used profitability ratios because it is related to both profit margin and asset turnover, and shows the rate of return for both creditors and investors of the company. (more...)
Royal Caribbean Cruises Ltd. (RCL) PT Raised to $135.00 at Nomura Royal Caribbean Cruises Ltd. (RCL) PT Raised to $135.00 at Nomura
- August 16, 2017

Royal Caribbean Cruises Ltd.is a cruise company. The stock increased 2.04% or $2.39 during the last trading session, reaching $119.61. TRADEMARK VIOLATION NOTICE: "Highland Capital Management LLC Sells 1,265 Shares of Royal Caribbean Cruises Ltd. (more...)
Today's Brokerage Rating: Thomson Reuters Corporation (TRI), Freeport-McMoRan Inc. (FCX) Today's Brokerage Rating: Thomson Reuters Corporation (TRI), Freeport-McMoRan Inc. (FCX)
- August 16, 2017

Capstone Asset Management Co. raised its position in Freeport-McMoran by 2.7% in the first quarter. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely odd is occurring after crunching the numbers. (more...)
Stock Jumping Abnormally High: Barrick Gold Corporation (ABX) Stock Jumping Abnormally High: Barrick Gold Corporation (ABX)
- August 16, 2017

The firm has "Sell" rating by Berenberg given on Wednesday, September 7. Barrick Gold Corporation on 6/29/2017 reported its EPS as $0.24 with the analysts projecting the EPS of the stock as $0.21. Quadrant Capital Group LLC boosted its stake in Barrick Gold Corporation by 275.8% in the first quarter. Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. (more...)
Global stocks slump on profit-taking amid US-NKorea tensions Global stocks slump on profit-taking amid US-NKorea tensions
- August 16, 2017

The major averages climbed well off their worst levels of the day but still closed in the red. The S&P 500 rallied 1%, notching its biggest gain since late April. "Hopefully Kim Jong Un will find another path!" North Korean leader Kim Jong-un received a report from his army on its plans to fire missiles towards Guam and said he would watch the actions of the USA for a while longer before making a decision, the North's official news agency said on Tuesday. (more...)
State Street Corp Decreases Position in Urban Outfitters, Inc. (URBN) State Street Corp Decreases Position in Urban Outfitters, Inc. (URBN)
- August 16, 2017

Other institutional investors have also recently made changes to their positions in the company. It fall, as 48 investors sold Urban Outfitters, Inc. shares while 89 reduced holdings. 26 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 1044.06 million while high and low sale targets are estimated at 1065.1 million and 1023.37 million respectively. (more...)
Minimum wage increasing to $11.35/hour Minimum wage increasing to $11.35/hour
- August 16, 2017

Labour Minister Harry Bains said details around a fair wages commission's composition and terms of reference will be announced in the coming weeks. The NDP promised in the election campaign to move towards a $15 an hour minimum wage by 2021, with increases each year. (more...)
Korea Investment CORP Raises Position in Netflix, Inc. (NFLX) Korea Investment CORP Raises Position in Netflix, Inc. (NFLX)
- August 16, 2017

TD Capital Management LLC acquired a new position in Netflix during the second quarter valued at $105,000. FMR LLC now owns 23,633,237 shares of the Internet television network's stock worth $3,531,042,000 after buying an additional 2,605,731 shares during the last quarter. (more...)
Surveying Shares of VanEck Vectors Generic Drugs ETF (GNRX) Surveying Shares of VanEck Vectors Generic Drugs ETF (GNRX)
- August 16, 2017

Alternatively, when the Tenkan-Sen line crosses below the Kijun-Sen line, it is considered a bearish signal. The Ichimoku Kinko Hyo system includes five kinds of signal, of which this site highlights the most recent of each for each ticker . (more...)
Analyzing Stocks On Analyst Opinion: Halliburton Company (HAL), Infosys Limited (INFY)
- August 16, 2017

Wellington Management Group LLP boosted its stake in shares of Halliburton by 1.1% in the first quarter. Oxbow Advsr Ltd Liability Com, a Texas-based fund reported 9,580 shares. The firm earned "Neutral" rating on Thursday, April 13 by Guggenheim. As per Wednesday, June 7, the company rating was maintained by BMO Capital Markets. (more...)
Kinder Morgan, Inc. (KMI) is Endurance Wealth Management Inc.'s Largest Position Kinder Morgan, Inc. (KMI) is Endurance Wealth Management Inc.'s Largest Position
- August 16, 2017

Capital Investment Counsel Inc's holdings in Kinder Morgan were worth $328,000 as of its most recent filing with the SEC. A number of other large investors also recently made changes to their positions in KMI. The stock has a Return on Assets of 0.8 percent, Return on Investment of 2.7 percent and a Return on Equity of 2 percent. Valuation Ratios of Kinder Morgan, Inc. (more...)
Hovnanian Enterprises Inc (HOV) Is It Worthy for Investors?
- August 16, 2017

Engineers Gate Manager L P invested 0.01% in Hovnanian Enterprises , Inc. Several other institutional investors also recently modified their holdings of HOV. Hovnanian Enterprises (NYSE HOV) traded down 1.563% during mid-day trading on Tuesday, hitting $2.205. The Average Earnings Estimate for the Current Fiscal quarter is $-0.01 per share, according to consensus of 3 analysts. (more...)
Synchrony Financial (SYF) closed at $29.64 in the last trading session
- August 16, 2017

BlackRock Inc. boosted its position in shares of Synchrony Financial by 2,275.1% in the first quarter. Synchrony Financial also reported earnings per share of $0.58 in the same quarter past year. The ex-dividend date is Thursday, August 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 2.02%. Synchrony Financial now has $23.57 billion valuation. (more...)
The HPM Partners LLC Purchases Shares of 30889 Altria Group (MO)
- August 15, 2017

The stock rose 0.16% or $0.1 reaching $64.41. Family Cap Tru Co holds 0.05% of its portfolio in Altria Group Inc (NYSE:MO) for 1,220 shares. It has underperformed by 4.78% the S&P500. Its up 0.12, from 0.87 in 2016Q3. It increased, as 54 investors sold MO shares while 525 reduced holdings. Market Capitalization if basically the market value of the company's shares outstanding. (more...)
HighTower Advisors LLC Invests $116000 in Zynga Inc. (NASDAQ:ZNGA)
- August 15, 2017

Several other hedge funds have also recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its stake in shares of Zynga by 10.6% in the first quarter. The correct version of this piece can be accessed at https://transcriptdaily.com/2017/08/14/amalgamated-bank-has-297000-stake-in-zynga-inc-nasdaqznga-updated-updated-updated.html. (more...)
Bessemer Group Has Boosted Mattel (MAT) Stake; Last Week Sientra (SIEN) Analysts
- August 15, 2017

Mattel, Inc. (NASDAQ:MAT) is now up -0.17% compared to a 12-month low of $17.36. Advisors Asset Management Inc. boosted its position in shares of Mattel, Inc. Mattel's payout ratio is 220.29%. Has $8.85 Million Stake in Mattel, Inc. If you are viewing this story on another publication, it was stolen and reposted in violation of United States & worldwide trademark and copyright laws. (more...)
Coca-Cola European Partners PLC
- August 15, 2017

The "percentage off the 52-week high or low" refers to when a stock current price is relative to where it has traded over the last 52 weeks. Clearbridge Investments LLC now owns 16,111,936 shares of the company's stock valued at $683,791,000 after buying an additional 1,208,498 shares in the last quarter. (more...)
AMC Entertainment Holdings, Inc. (AMC) stock plunged -48.58% during recent three months AMC Entertainment Holdings, Inc. (AMC) stock plunged -48.58% during recent three months
- August 15, 2017

The value in dollars increased from $1,313,000 to $1,919,000 a change of 46.2% for the reporting period. Croft Leominster Inc. raised its position in AMC Entertainment Holdings by 36.1% in the first quarter. Shares buyback programs are often a sign that the company's management believes its shares are undervalued. ILLEGAL ACTIVITY WARNING: This piece of content was first posted by StockNewsTimes and is the property of of StockNewsTimes. (more...)
Cisco Systems, Inc. (CSCO) Shares Bought by Spectrum Management Group Inc Cisco Systems, Inc. (CSCO) Shares Bought by Spectrum Management Group Inc
- August 15, 2017

Cisco Sys Inc now has $160.10B valuation. The stock declined 0.08% or $0.01 reaching $12.14 per share. About 170 shares traded. (NASDAQ: CSCO ). The Idaho-based Caprock Group has invested 0.8% in Cisco Systems , Inc. (NASDAQ:CSCO) earned "Buy" rating by Argus Research on Friday, August 19. Keefe Bruyette & Woods upgraded the stock to "Outperform" rating in Wednesday, April 5 report. (more...)
Still Listen to Stock Analysts?: Alibaba Group Holding Limited (BABA) Still Listen to Stock Analysts?: Alibaba Group Holding Limited (BABA)
- August 15, 2017

Company shares have been seen trading -2.25% off of the 52 week high and 82.28% away from the 52 week low. Wilbanks Smith & Thomas Asset Management LLC raised its position in Alibaba Group Holding Limited by 0.9% in the first quarter. One research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty have issued a buy rating and four have given a strong buy rating to the stock. (more...)
Rio Tinto plc (RIO) PT Set at GBX 3430 by Morgan Stanley Rio Tinto plc (RIO) PT Set at GBX 3430 by Morgan Stanley
- August 15, 2017

Robert Bishop increased its stake in Rio Tinto Plc ( RIO ) by 31.48% based on its latest 2016Q4 regulatory filing with the SEC. While looking at the Stock's Performance, Rio Tinto plc now shows a Weekly Performance of -4.74%, where Monthly Performance is 0.11%, Quarterly performance is 15.3%, 6 Months performance is -1.76% and yearly performance percentage is 37.43%. (more...)
Trump attacks Merck CEO after he resigns from president's council over Charlottesville Trump attacks Merck CEO after he resigns from president's council over Charlottesville
- August 15, 2017

Trump told reporters in Bedminster, New Jersey, on Saturday that he condemned "in the strongest possible terms this egregious display of hatred, bigotry and violence on many sides". President Trump says CEOs who quit his manufacturing council are "grandstanders" - and he says he doesn't need them anyway. On Monday, the president made a more forceful statement from the White House. (more...)