Business


Lyft is Coming to Sioux Falls
- October 16, 2017

Today's news conference is scheduled for 2:30 p.m. NEWS 1130 will bring you the details when they come in. The company now operates in more than 300 cities in the U.S. Lyft is a ride-sharing company where users can hail a ride via an app. Apparently Lyft is already seeking drivers in Sioux Falls. The city says the news conference is about big transportation changes for the city. (more...)
Frost possible as temperatures plummet in Northern Virginia early Tuesday Frost possible as temperatures plummet in Northern Virginia early Tuesday
- October 16, 2017

Tonight ... Clear. Lows in the lower 40s. Meteorologists say Allentown, Bethlehem, Easton and surrounding areas usually see the first frost between October 11 and October 20. Highs in the upper 60s to around 70. Temperatures are expected to climb back into the 70s for some in the region on Wednesday and reach the mid-70s for the weekend, according to forecasters. (more...)
Sears Holdings Corporation (NASDAQ:SHLD) Sees Unusual Volume Mid-Session
- October 16, 2017

Moreover, Goldman Sachs Grp Inc Inc has 0% invested in Sears Holdings Corp (NASDAQ:SHLD) for 303,036 shares. Bluemountain Capital Management Llc acquired 73,092 shares as Hawaiian Holdings Inc (HA)'s stock rose 1.89%. It also reduced Loews Corp (NYSE:L) stake by 31,610 shares and now owns 17,793 shares. Geode Capital Mngmt Ltd Llc invested in 399,239 shares or 0% of the stock. (more...)
Analyst Stance On Two Stocks: Conagra Brands, Inc. (CAG), TransEnterix, Inc. (TRXC)
- October 16, 2017

The share price has moved forward from its 20 days moving average, trading at a distance of 1.47% and stays 1.04% away from its 50 days moving average. The firm has "Outperform" rating given on Tuesday, June 28 by FBR Capital. The stock has "Hold" rating by Berenberg on Wednesday, September 13. Finally, Bank of America Corporation reiterated a buy rating and set a $43.00 price target (down previously from $44.00) on shares of Conagra Brands in a research report on Monday, June 26th. (more...)
Thermo Fisher Scientific Inc (TMO) Shares Sold by Eaton Vance Management
- October 16, 2017

About 96,716 shares traded. It has underperformed by 1.13% the S&P500. Ftb Advisors Inc decreased Thermo Fisher Scientific Inc (TMO) stake by 78.54% reported in 2017Q2 SEC filing. The Company provides analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics. (more...)
Do Shares Price Show Moderate Volatility? Domino's Pizza, Inc. (DPZ)
- October 16, 2017

Analysts are turning out to be more optimistic than before, with 7 of analysts who cover Domino's Pizza, Inc . Since May 5, 2017, it had 14 insider purchases, and 0 sales for $341,925 activity. The 52-week range can be found in the stock's quote summary. Net profit margin of the company was 54.10% while operating profit margin as 28.60%. Citigroup maintained Domino's Pizza, Inc . (more...)
Chesley Taft & Associates LLC Increases Its Holdings in Abbott Laboratories (ABT)
- October 16, 2017

Hedge funds and other institutional investors own 71.45% of the company's stock. Captrust has 0.02% invested in Abbott Laboratories (NYSE: ABT ) for 4,884 shares. Following the transaction, the insider now owns 221,488 shares in the company, valued at approximately $10,963,656. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . (more...)
American Express Company (NYSE:AXP) Touches a New 52-Week High
- October 16, 2017

Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its stake in shares of American Express by 0.4% during the second quarter. General American Investors Company Inc decreased American Express Company (AXP ) stake by 4.44% reported in 2017Q2 SEC filing. The company's Average Revenue Estimate for the current quarter is $8.53 Billion, while Low and High Revenue Estimates are $8.39 Billion and $8.88 Billion respectively. (more...)
Amazon is reportedly developing its own sportswear line
- October 16, 2017

One of its suppliers is Taiwanese vendor Makalot Industrial Co., known for making clothes sold by Uniqlo, Gap and Kohl's. Eclat Textile, another supplier in Taiwan is also contributing. Under Armour, meanwhile, cut its annual sales forecast in August. Yoga wear maker Lululemon has done much better in 2017, but also faces much more competition in the yoga trousers market. (more...)
Is Cisco Systems, Inc. (NASDAQ:CSCO) A Safe Bet For Investors?
- October 16, 2017

It has underperformed by 33.36% the S&P500. Jp Marvel Advsr Ltd Limited Liability Company owns 2.45% invested in Cisco Systems, Inc. Cisco Systems accounts for 2.2% of Hallmark Capital Management Inc.'s investment portfolio, making the stock its 11th largest position. (more...)
Activision Blizzard, Inc (NASDAQ:ATVI) Under Analyst Spotlight
- October 16, 2017

The logic is that as a stock's momentum slows, it may be nearing key support or resistance levels and possibly the end of a current trend. Activision Blizzard had 105 analyst reports since July 28, 2015 according to SRatingsIntel. About 294,869 shares traded. ILLEGAL ACTIVITY WARNING: "Analysts Set Activision Blizzard, Inc (ATVI ) Target Price at $65.12" was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. (more...)
IBM launches blockchain offering to consolidate cross-border payments
- October 16, 2017

When it comes to transactions in multiple currencies, sometimes it can take weeks before they are fully processed. "The blockchain would be used to record the terms of the contract, manage trade documentation, allow the farmer to put up collateral, obtain letters of credit, and finalize transaction terms with immediate payment, conducting global trade with transparency and relative ease", IBM said. (more...)
Gotham Asset Management LLC Lowers Holdings in Royal Caribbean Cruises Ltd. (RCL) Gotham Asset Management LLC Lowers Holdings in Royal Caribbean Cruises Ltd. (RCL)
- October 16, 2017

On Monday, December 14 the stock rating was initiated by JP Morgan with "Neutral". Cornerstone Capital Management Holdings LLC. owned 0.17% of Royal Caribbean Cruises worth $40,870,000 as of its most recent SEC filing. Following the completion of the sale, the chief executive officer now directly owns 947,741 shares of the company's stock, valued at approximately $112,733,791.95. (more...)
Embattled restaurant chain Ruby Tuesday to be taken private Embattled restaurant chain Ruby Tuesday to be taken private
- October 16, 2017

The announcement comes on the heels of the company's first quarter earnings report where it announced that total revenue declined 15.3% to $217.3 million, which included a net reduction of seven company-owned restaurants compared to the end of the first quarter of the prior fiscal year. (more...)
Consolid (NASDAQ:COKE) Stock Traded 5.0% Above Its 50 Day Average Consolid (NASDAQ:COKE) Stock Traded 5.0% Above Its 50 Day Average
- October 16, 2017

After the latest check-in, company stock is -11.55% off of the 50 day high and 3.96% away from the 50 day low price. 21 analysts on average projected earnings of $0.39 per share for the current quarter. During the past six months, Deckers Outdoor Corporation (NYSE:DECK)'s stock has been 14.71% and 15.65% for the last 12 months. The company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. (more...)
Lufthansa bids for Alitalia as European deals take off Lufthansa bids for Alitalia as European deals take off
- October 16, 2017

The responsible commissioners have agreed to maintain confidentiality regarding the details of the offer. Rome has already provided €600m of loans since May, but has now extended the repayment deadline to 30 September 2018, following the decision to delay completion of the sale. (more...)
£400m is 'lost' overnight at pound coin switchover £400m is 'lost' overnight at pound coin switchover
- October 16, 2017

Sainsbury's has said it would continue to accept the old coins at its tills on Monday, and that shoppers would be able to donate them to this year's poppy appeal until 12 November. The Federation of Small Businesses, a trade association representing 170,000 small shops, has advised its members to continue taking the coins after 15 October to provide a "useful community service" to customers. (more...)
Colgate-Palmolive Posts 2% Fall In Q2 Profit Colgate-Palmolive Posts 2% Fall In Q2 Profit
- October 16, 2017

It has underperformed by 10.47% the S&P500. One equities research analyst has rated the stock with a sell rating , thirteen have assigned a hold rating and five have issued a buy rating to the company's stock. Colgate-Palmolive Company ( Colgate ) is a consumer products company. Since January 1, 0001, it had 0 insider buys, and 6 sales for $5.64 million activity. (more...)
Community Trust & Investment Co Increased Its Mondelez International (MDLZ) Holding; Mackenzie Financial
- October 16, 2017

Finally, Vanguard Group Inc. lifted its stake in shares of Mondelez International by 2.9% in the 1st quarter. It has outperformed by 145.94% the S&P500. Murphy Pohlad Asset Mgmt Lc holds 29,760 shares. Pura Vida Ltd Liability Corporation holds 2.21% or 221,685 shares in its portfolio. Caprock Group Inc Inc reported 0.04% stake. (more...)
Royal Dutch Shell Plc (RDSA) Price Target Raised to GBX 2850 Royal Dutch Shell Plc (RDSA) Price Target Raised to GBX 2850
- October 16, 2017

We can also do some further technical analysis on the stock. The RSI is computed base on the speed and direction of a stock's price movement. Keeping track of all the data may seem overwhelming, but it may help give a needed boost to the portfolio. (more...)
FleetCor Technologies, Inc. (FLT) Analysts See $1.99 EPS
- October 16, 2017

E*TRADE Financial Corp (NASDAQ:ETFC) has risen 29.03% since October 15, 2016 and is uptrending. It has underperformed by 31.19% the S&P500. FleetCor Technologies, Inc. Vanguard Group Inc Incorporated Inc reported 7.57M shares. Among 19 analysts covering The Macerich Company ( NYSE:MAC ), 8 have Buy rating, 2 Sell and 9 Hold. (more...)
A Fresh Look At Chesapeake Energy Corporation (NYSE:CHK)
- October 16, 2017

Sell-side analyst recommendations point to a short term price target of $4.7 on the shares of Chesapeake Energy Corporation ( CHK ). ValuEngine lowered EP Energy Corporation from a hold rating to a sell rating in a research note on Monday, October 2nd. (more...)
Kaun Banega Crorepati soon to conclude season 9 Kaun Banega Crorepati soon to conclude season 9
- October 16, 2017

They have been all over the Internet for the last few days, so we made a decision to compile the best KBC memes for you to laugh at. This year also the show did wonders when it comes to TRP and rocked the charts. Ek Deewana Tha show will mark the return of actor Namik Paul to the small screens. Now, it would be really interesting to see how well these new programs will perform in terms of TRPs. (more...)
Price Target Estimates for AbbVie Inc. (ABBV)
- October 16, 2017

About 6.80M shares traded. Clifford Swan Counsel Lc stated it has 0.81% of its portfolio in AbbVie Inc (NYSE: ABBV ). It has underperformed by 6.07% the S&P500. Horan Advsr Limited Liability Company holds 1.96% or 39,681 shares. Shell Asset owns 189,790 shares. Reilly Fincl Advsrs Lc reported 0.16% stake. According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.3 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. (more...)
Jefferies Group LLC Reiterates Hold Rating for Chipotle Mexican Grill, Inc. (CMG)
- October 16, 2017

UBS Asset Management Americas Inc. now owns 77,918 shares of the restaurant operator's stock worth $34,714,000 after purchasing an additional 4,890 shares during the last quarter. Staley Capital Advisers invested in 0.03% or 2,768 shares. (NYSE:VZ). Rand Wealth Ltd Liability Corp accumulated 1.04% or 171,686 shares. State Street holds 0.04% or 1.18M shares. (more...)
Brazil Index MSCI Ishares (EWZ) Pull in Gains For the Week
- October 16, 2017

However, it is important to not use the Tenkan line as a gauge of the trend but more so the momentum of the move. When the price is above, this typically indicates a bullish trend. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. A reading from -80 to -100 would indicate an oversold situation. (more...)
Golar LNG Limited (GLNG) Shares Bought by Teachers Advisors LLC
- October 16, 2017

Renaissance Technologies LLC now owns 270,126 shares of the shipping company's stock valued at $4,760,000 after acquiring an additional 109,302 shares during the last quarter. It also reduced Lyon William Homes (NYSE:WLH) stake by 120,525 shares and now owns 776,028 shares. Huber Capital Management Llc decreased Granite Real Estate Invt Tr stake by 224,194 shares to 922,347 valued at $36.75 million in 2017Q2. (more...)
Cheviot Value Management LLC Has Trimmed Wal (WMT) Position by $3.88 Million
- October 16, 2017

About 676 shares traded. It has underperformed by 2.87% the S&P500. They are also projecting the Low EPS estimate of $1.23 and the High EPS estimate of $1.36. Wells Fargo maintained the shares of WMT in report on Monday, June 26 with "Hold" rating. Finally, American Century Companies Inc. grew its holdings in Wal-Mart Stores by 2.6% during the 1st quarter. (more...)
Intersect Capital Upped Its Procter And Gamble Co (PG) Position; InfraREIT (HIFR) Had 2 Analysts Last Week
- October 16, 2017

The Savant Capital Llc holds 62,149 shares with $5.42M value, up from 52,770 last quarter. 3G Capital Partners Lp who had been investing in United States Stl Corp New (Call) for a number of months, seems to be bullish on the $4.77B market cap company. (more...)
Are Analysts Bullish about Nordstrom, Inc Are Analysts Bullish about Nordstrom, Inc
- October 16, 2017

Parallel Advisors LLC now owns 2,099 shares of the specialty retailer's stock worth $104,000 after acquiring an additional 236 shares during the last quarter. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Northcoast downgraded the shares of JWN in report on Monday, March 7 to "Sell" rating. (more...)