Business


Royal Mail to seek court injunction to prevent strike Royal Mail to seek court injunction to prevent strike
- October 09, 2017

Royal Mail had given the postal workers trade union until midday to withdraw the strike threat. Royal Mail said: "We believe any strike action before the dispute resolution procedures have been followed would be unlawful strike action". The CWU last week said that 89.1 per cent of members who voted had been in favour of a strike, with a turnout of 73.7 per cent. The CWU, in turn, claims that it has already been attempting to find a solution to the dispute for 18 months. (more...)
GM buys laser firm in bid to speed autonomous car research GM buys laser firm in bid to speed autonomous car research
- October 09, 2017

The company will fold Strobe's operations into that of Cruise Automation, which is wholly-owned by GM. Fully self-driving vehicles are expected to hit the market in a limited form by around 2020. "Strobe's LIDAR technology will significantly improve the cost and capabilities of our vehicles so that we can more quickly accomplish our mission to deploy driverless vehicles at scale", said Kyle Vogt, Founder and CEO, Cruise Automation. (more...)
Standard Life Investments LTD Cuts Stake in Bank of America Corporation (BAC)
- October 09, 2017

Norinchukin Bank The now owns 393,000 shares of the financial services provider's stock valued at $9,534,000 after buying an additional 40,654 shares during the last quarter. COPYRIGHT VIOLATION WARNING: This story was reported by Week Herald and is the property of of Week Herald. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of US and worldwide trademark and copyright laws. (more...)
Torrential rainfall in Kolkata, flight operations severely affected Torrential rainfall in Kolkata, flight operations severely affected
- October 09, 2017

Four flights of Indigo and one each from Air India and Spice Jet were diverted from Netaji Subhash Bose International Airport following heavy rains and lack of visibility in Kolkata. Several domestic flights to Mumbai, Delhi, Guwahati, Bhubaneswar, Imphal and Port Blair were delayed. A flight from Silchar to Kolkata had to land at Guwahati and the flight from Agartala to Kolkata had to return, the spokesperson added. (more...)
U.S. crude oil stockpiles fall sharply, DoE says
- October 09, 2017

The minister said he is discussing to deepen the cuts or extend it with other OPEC and non-OPEC members. Beyond the weather, traders said declines in U.S. "I expect Brent to drop below $55 a barrel and WTI below $50 in the next couple of days", Schallenberger said. Libya restarted its largest oil field after gunmen forced a shutdown of the field over the weekend while USA production hit its highest level in more than two years. (more...)
Hong Kong American Airlines Fire
- October 09, 2017

According to American Airlines spokesperson Martha Thomas, the loading equipment suffered a "mechanical issue" while preparing to load the plane's cargo area, subsequently catching fire and setting the pallet it was carrying ablaze. Dramatic video from inside the terminal shows passengers rushing to the window to see the fire engulfing the loading truck. "The operator of loading equipment is being looked after by medical professionals with non-life threatening injuries". (more...)
UnitedHealth Group Incorporated (NYSE:UNH) Trading Volume Significantly Lower UnitedHealth Group Incorporated (NYSE:UNH) Trading Volume Significantly Lower
- October 09, 2017

Hedge funds and other institutional investors own 86.19% of the company's stock. Jackson Grant Investment Advisers Inc. grew its holdings in UnitedHealth Group by 0.4% during the first quarter. Now it is offering a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%. More interesting news about UnitedHealth Group Inc (NYSE: UNH ) were released by: Nasdaq.com and their article: "Spiros Segalas Buys McDonald's Corp, UnitedHealth Group Inc, Vertex ..." published on September 29, ... (more...)
Las Vegas goes dark in tribute to victims of mass shooting Las Vegas goes dark in tribute to victims of mass shooting
- October 09, 2017

Numerous buildings along the Strip dimmed their lights for around ten minutes between 10:05 pm and 10:16 pm at the exact time one week earlier that gunman Stephen Paddock opened fire on a crowd attending the Route 91 Country Music Festival. (more...)
Shares Holding Above Moving Averages: Microsoft Corporation (NASDAQ:MSFT)
- October 09, 2017

It has outperformed by 17.82% the S&P500. Texas Capital Bancshares Inc increased Parsley Energy Incorporated (PE) stake by 159.71% reported in 2017Q2 SEC filing. Goldman Sachs maintained the shares of AAPL in report on Thursday, June 2 with "Buy" rating. Deutsche Bank has "Buy" rating and $85 target. It also reduced Hanesbrands Inc (NYSE:HBI) stake by 64,097 shares and now owns 131,912 shares. (more...)
How Does the MF Rank Score For Emerson Electric Co. (NYSE:EMR)?
- October 09, 2017

A stock price loss will yield a negatively weighted alpha. It has underperformed by 16.70% the S&P500. Captrust Financial Advisors holds 15.17% of its portfolio in Emerson Electric Co. Flippin Bruce And Porter Incorporated owns 103,595 shares for 1.39% of their portfolio. (NYSE:EMR) is 0.065755. This number is calculated by dividing net income after tax by the company's total assets. (more...)
Intel Corporation (INTC) Shares Bought by Cubic Asset Management LLC Intel Corporation (INTC) Shares Bought by Cubic Asset Management LLC
- October 09, 2017

Aldeyra Therapeutics Inc (NASDAQ:ALDX) has declined 18.94% since October 9, 2016 and is downtrending. It has outperformed by 53.86% the S&P500. DAVENPORT & Co LLC lowered its stake in Intel Co. The company was maintained on Monday, June 5 by RBC Capital Markets. The firm has "Mkt Perform" rating by Bernstein given on Wednesday, September 23. (more...)
MACC arrests Warisan Youth chief, 2 Umno men over Sabah graft MACC arrests Warisan Youth chief, 2 Umno men over Sabah graft
- October 09, 2017

It said the other two were Jamawi Jaafar, who heads the Tenom Umno Youth wing, and Ariffin Kassim, who is Tawau Umno Youth leader. "Some are probably already closed, so we need to do a lot of work, deploying officers to search for witnesses, and all that", he said after the commission's briefing on the case development at the Sabah MACC office here, which was attended by MACC Chief Commissioner Tan Sri Zulkifli Ahmad. (more...)
69 institutional investors are raising stakes in Omega Protein Corporation (OME) 69 institutional investors are raising stakes in Omega Protein Corporation (OME)
- October 09, 2017

Victory Capital Management Inc. now owns 7,850 shares of the company's stock worth $157,000 after buying an additional 5,464 shares in the last quarter. Over the past month the firm's stock is 39.12%, 38.24% for the last quarter, 14.84% for the past six-months and -6.57% for the a year ago. Next quarter's EPS is estimated at $0.20 with next year's EPS anticipated to be $1.17. (more...)
Halliburton Company — Trending Stock Alert Halliburton Company — Trending Stock Alert
- October 09, 2017

Pfizer Inc now has $214.80B valuation. About 4.11M shares traded. (NYSE:DST) has risen 0.59% since October 6, 2016 and is uptrending. Halliburton (NYSE: HAL ) last posted its earnings results on Monday, July 24th. Also Nasdaq.com published the news titled: "One Put, One Call Option To Know About for Halliburton" on October 02, 2017. (NYSE:PFE) to report earnings on November, 7. (more...)
Honeywell International Inc. (HON) - Citigroup Holds Rating And Sets New Price Target
- October 09, 2017

Keybank National Association acquired 4,351 shares as Honeywell Intl Inc (HON)'s stock rose 5.49%. The stock rose 0.26% or $0.37 reaching $143.99 per share. Citigroup maintained it with "Buy" rating and $104 target in Thursday, September 22 report. Hanson McClain Inc. now owns 810 shares of the conglomerate's stock valued at $101,000 after buying an additional 3 shares during the last quarter. (more...)
Institutional Portfolio Favorite in Spotlight: American Water Works Company, Inc. (NYSE:AWK)
- October 09, 2017

The stock has a market capitalization of $14.77 billion, a price-to-earnings ratio of 31.64 and a beta of 0.25. Hedge funds and other institutional investors own 79.77% of the company's stock. Harvest Cap Mngmt reported 0.11% of its portfolio in McDonald's Corporation (NYSE:MCD). The company had a trading volume of 561,206 shares. Stonebridge Capital accumulated 33,530 shares. (more...)
Why Cytori Therapeutics, Inc. (CYTX) Is Being Added to Investors Watchlist?
- October 09, 2017

The most optimistic analyst sees the stock reaching $5 while the most conventional has $0.5 target price. How Quickly AT&T Inc. For the past 5 years, the company's revenue has grown -20.9%, while the company's earnings per share has grown -0.5%. (more...)
Varian Medical Systems, Inc. (NYSE:VAR) Experiences Heavier than Average Trading Volume
- October 09, 2017

Louisiana State Employees Retirement invested in 5,700 shares or 0.03% of the stock. During the same quarter in the previous year, the firm earned $1.09 earnings per share. Suntrust Banks Inc.'s holdings in Varian Medical Systems were worth $1,296,000 at the end of the most recent quarter. (NYSE:VAR) is 4.377622. This is calculated by dividing the five year average ROIC by the Standard Deviation of the 5 year ROIC. (more...)
BIIB) — Biogen Inc. (NASDAQ
- October 09, 2017

The Company also has a collaboration agreement with Genentech, Inc. Corporate insiders own 0.25% of the company's stock. The stock was sold at an average price of $285.00, for a total value of $2,211,030.00. Therefore 53% are positive. Ball Corporation had 26 analyst reports since October 15, 2015 according to SRatingsIntel. 05/24/2017 - Biogen Idec Inc. (more...)
Cisco Systems, Inc. (NASDAQ:CSCO) reported Market Capitalization of 168.58 Billion
- October 09, 2017

The following firms have recently changed their position in CSCO . Indiana Trust & Investment Management Co added to its holdings by buying 33 shares an increase of 0.2% in the quarter. Cisco Systems had a return on equity of 16.91% and a net margin of 20.02%. During the same quarter in the previous year, the company posted $0.63 EPS. (more...)
United Parcel Service, Inc. (NYSE:UPS) Sees Significantly Lower Trading Volume
- October 09, 2017

It has underperformed by 14.60% the S&P500. Homrich & Berg who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $195.51 billion market cap company. UPS was included in 41 notes of analysts from July 29, 2015. TRADEMARK VIOLATION WARNING: "Bank of America Corporation Reaffirms "Neutral" Rating for United Parcel Service, Inc ". (more...)
Denbury Resources Inc. (DNR) Now Covered by Imperial Capital
- October 09, 2017

The lowest sales estimate is $242.01 million and the highest is $258.94 million. A number of equities analysts have commented on DNR shares. Denbury Resources Inc . Given that its average daily volume over the 30 days has been 6.3 million shares a day, this signifies a pretty significant change over the norm. The firm's market cap is $534.17 million. (more...)
Exxon Mobil Corporation (NYSE:XOM) Holding Above The Trend Line
- October 09, 2017

Over the past twelve months, Exxon Mobil Corporation (NYSE: XOM)'s stock was -9.47%. It has underperformed by 17.65% the S&P500. Vanguard Group Inc. Coldstream Mgmt reported 0.41% of its portfolio in Exxon Mobil Corporation (NYSE: XOM ). Seabridge Inv Advsrs Limited Co has invested 0.1% in Exxon Mobil Corporation (NYSE: XOM ). (more...)
Chipotle Mexican Grill, Inc. (NYSE:CMG) Valuation According To Analysts
- October 09, 2017

Capital Analysts LLC boosted its position in Chipotle Mexican Grill by 2.9% in the first quarter. (NYSE: CMG ) has risen 7.62% since October 8, 2016 and is uptrending. Fifth Third Bankshares has 1,741 shares. The California-based Sensato Investors Llc has invested 0.47% in the stock. Raymond James & Assoc holds 0.02% or 150,484 shares in its portfolio. (more...)
$1.57 EPS Expected for Valero Energy Corporation (VLO)
- October 09, 2017

Valero Energy Corporation was downgraded to "neutral" by analysts at JP Morgan. The stock of Alphabet Inc (NASDAQ:GOOGL) has "Outperform" rating given on Wednesday, January 11 by Credit Suisse. Hanson Doremus Inv Management, a Vermont-based fund reported 32,485 shares. Five Below, Inc . ( FIVE ) has a Return on Assets of 15.30%. However, investors can and should determine their own price targets for entering and exiting stock positions. (more...)
Craig Hallum Increases Plug Power, Inc. (PLUG) Price Target to $4.00
- October 09, 2017

The High Revenue estimate is predicted as 58170, while the Low Revenue Estimate prediction stands at 49700. Plug Power posted sales of $17.56 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 213.4%. (more...)
Dimensional Fund Advisors LP Buys 306297 Shares of Hologic, Inc. (HOLX)
- October 09, 2017

A stock with a beta more than 1 means high volatile and less than 1 means low volatile. 07/18/2017 - Hologic, Inc . had its "neutral" rating reiterated by analysts at Bank of America Merrill Lynch. If you are viewing this story on another site, it was stolen and reposted in violation of United States & worldwide copyright and trademark legislation. (more...)
Model Receives Death Threats After Her Hairy Legs Star In Adidas Ad Model Receives Death Threats After Her Hairy Legs Star In Adidas Ad
- October 09, 2017

Pictured, Swedish model and cultural agitator, Arvida Bystrom for Adidas . Why? All because the photo shows her leg hair. This is not the first time that Bystrom has found herself the target of online abuse and body shaming. "Thank you for embracing your body fearlessly", applauds one user. "Me being in an Adidas campaign is great fun, it is a company I enjoy working with and that makes cool stuff, but since all companies are very integrated in our capitalistic system they are ... (more...)
Microsoft signs 37-MW wind PPA with GE in Ireland Microsoft signs 37-MW wind PPA with GE in Ireland
- October 09, 2017

Microsoft said the deal will help support the groabwing demand for its cloud services from Ireland. Today, the tech giant is also acquiring an Irish energy supply license from GE, with the energy trading company ElectroRoute acting as a trading service provider for the supply company. (more...)
Sensex opens with gains, Nifty trades positive too
- October 09, 2017

Japanese financial markets are shut today for a pubic holiday. Meanwhile the BSE Consumer Durables index hit a fresh record high of 18,550, backed by the gains in stocks such as Bajaj Electricals (up 6.94 per cent), Titan Company (up 3.52 per cent) and PC Jeweller (up 1.75 per cent). (more...)

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