Business


South Korea's Moon says North Korean nuclear-tipped ICBM is a 'red line' South Korea's Moon says North Korean nuclear-tipped ICBM is a 'red line'
- August 18, 2017

Marking 100 days in office with his first press conference as president, Moon said that Kim's regime is approaching South Korea's "red line". He said: " The most important task at hand is for the USA and North Korea to "hit the brakes" on their mutual needling of each other with words and actions, to lower the temperature of the tense situation and prevent the emergence of an "August crisis". (more...)
Rite Aid Corporation (RAD) Short Interest Update Rite Aid Corporation (RAD) Short Interest Update
- August 18, 2017

On the other end, a stock with a score from 0-2 would be viewed as weak. About 36,651 shares traded. (NYSE:DAL) has risen 11.83% since August 17, 2016 and is uptrending. The insider Puri Ajay K sold $14.49 million. The Beta for the stock stands at 1.81. The insider COXE TENCH sold $8.23 million. (NASDAQ:EGBN) for 66,217 shares. (more...)
Trump says ending two CEO advisory panels: tweet Trump says ending two CEO advisory panels: tweet
- August 18, 2017

On June 1, Tesla Inc ( NASDAQ: TSLA ) CEO Elon Musk dropped out following Trump's decision to withdraw the US from the Paris climate accord. Dimon also noted in his letter that he supported the disbanding, though Trump in a Tuesday tweet said that he had made the decision. The move comes following a raucous press conference where Trump described the white nationalist demonstrators as "very nice people". (more...)
North Korea sends US mixed messages North Korea sends US mixed messages
- August 18, 2017

The missile plans were previously announced. He said he would watch the "foolish and stupid conduct of the Yankees". Asian shares rose for a second day on Tuesday after Kim's comments. Trump later praised North Korean leader Kim Jong Un for a "wise" decision after he delayed the Guam decision. A military solution to the North Korean missile threat would be "horrific" but allowing Pyongyang to develop the capability to launch a nuclear attack on the United States is ... (more...)
Infosys slips over 7% as Vishal Sikka resigns as MD & CEO Infosys slips over 7% as Vishal Sikka resigns as MD & CEO
- August 18, 2017

As the news broke, the stock prices of Infosys tumbled by as much as 6 per cent. A statement issued by the Infosys board hinted that Sikka resigned due to his ongoing tussle with the company co-founder Narayana Murthy. Vishal Sikka has been under criticism by the Infosys founders over his approaches for quite a while now. It looks like that finally Sikka had no option but to resign. (more...)
Van Plows Into Crowd Of Pedestrians In Barcelona, Spain Van Plows Into Crowd Of Pedestrians In Barcelona, Spain
- August 18, 2017

The officials also claimed that the situation is under control while adding that a suspect was injured during the anti-terror operations in South Barcelona and has been arrested . Hundreds of tourists and locals fled in panic, seeking sanctuary inside shops, restaurants and churches amid fears that terrorists were still wreaking havoc. (more...)
North Korean ruler stands down on threat to Guam
- August 18, 2017

Closer to home, China's state-owned oil company bought one of North America's largest refineries on St. Croix in the U.S. Virgin Islands. State Department officials, speaking on condition of anonymity because they weren't authorized to comment publicly, said Tillerson went out of his way to do so to demonstrate his confidence in Thornton, a career diplomat. (more...)
Vornado Realty Trust (NYSE:VNO) Valuation According To Analysts
- August 18, 2017

A frequently used tool among technical stock analysts is the moving average. Borgwarner Inc now has $9.56B valuation. The stock declined 0.80% or $0.14 reaching $16.68 on the news. Therefore 93% are positive. Vornado Realty Trust's dividend payout ratio (DPR) is 51.72%. Credit Suisse upgraded it to "Outperform" rating and $108 target in Tuesday, April 12 report. (more...)
Japan agrees to ramp up defense commitments on North Korea
- August 18, 2017

China, North Korea's main ally and trading partner, has urged the United States and South Korea to scrap the drills in exchange for North Korea calling a halt to its weapons programs. Japan is planning to deploy a new ground-based missile defence system as its third layer of protection in response to the North Korean ballistic missile threat, local media said yesterday. (more...)
Schlumberger NV (SLB) Investment Up in Latest Report from Winton Group Ltd
- August 18, 2017

Shire PLC (ADR) (NASDAQ:SHPG) has risen 4.69% since August 17, 2016 and is uptrending. It has underperformed by 17.33% the S&P500. Capital Wealth Planning Llc increased Schlumberger Ltd ( SLB ) stake by 268.47% reported in 2016Q4 SEC filing. (more...)
Washington Real Estate Investment Trust (NYSE:WRE) Growth & Stock Target in Focus
- August 18, 2017

Fundamental analysis takes into consideration market, industry and stock conditions to help determine if the shares are correctly valued. TRADEMARK VIOLATION NOTICE: " Allied Properties Real Estate Investment to Issue Monthly Dividend of $0.13 (TSE:AP)" was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. (more...)
China Nixes Military Option For North Korea China Nixes Military Option For North Korea
- August 18, 2017

Gen Dunford met later with Chinese President Xi Jinping, during which both men reinforced the importance of exchanges between their militaries in stabilising a relationship frequently marred by disputes over security, diplomacy and trade. The Chinese Defense Ministry denounced the operation as a "provocation" and said it was "firmly opposed to such flaunting of force and promotion of militarization in the region by the United States, which could easily trigger accidents at sea and in the air". (more...)
Merck Stock Opens Higher After CEO Resigns From Trump Manufacturing Council Merck Stock Opens Higher After CEO Resigns From Trump Manufacturing Council
- August 18, 2017

Even before Paul posted about his resignation on Twitter , the president beat him to the tweet, writing some 15 minutes earlier, "For every CEO that drops out of the Manufacturing Council , I have many to take their place". Intel CEO Brian Krzanich and Under Armour CEO Kevin Plank both also stepped down Monday night, and Scott Paul , the president of the Alliance for American Manufacturing, resigned Tuesday, tweeting he was stepping down because it is the "right thing for me to do". (more...)
Analysts Research Summary: Cliffs Natural Resources Inc (CLF)
- August 18, 2017

Finally, Janney Montgomery Scott LLC bought a new stake in Cliffs Natural Resources during the first quarter worth $476,000. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CLF . (more...)
Trump has now lost 6 members of his manufacturing council since Charlottesville Trump has now lost 6 members of his manufacturing council since Charlottesville
- August 18, 2017

He was attacked nearly immediately by Trump on Twitter . Intel CEO Brian Krzanich and Under Armor CEO Kevin Plank followed Frazier out the door the same day. Here's Dell, whose founder and CEO, Michael Dell, sits on the council: "While we wouldn't comment on any member's personal decision, there's no change in Dell engaging with the Trump administration and governments around the world to share our perspective on policy issues that affect our company, customers and employees", a ... (more...)
Merck's CEO quits Trump's council over Charlottesville Merck's CEO quits Trump's council over Charlottesville
- August 18, 2017

Robert E. Lee. Frazier cited the need to "take a stand against intolerance and extremism". "That's very good", Trump said at the time . Kevin Plank , CEO of Under Armour . Continuing the trend on Tuesday, Scott Paul , CEO of the Alliance for American Manufacturing also tweeted his resignation. Goldman Sachs CEO Lloyd Blankfein tweeted: "Lincoln: 'A house divided against itself can not stand.' Isolate those who try to separate us. (more...)
More CEOs Quit Trump's Council Over Charlottesville More CEOs Quit Trump's Council Over Charlottesville
- August 18, 2017

By departing, Paul follows in the footsteps of three CEOs - Merck's Kenneth Frazier , Under Armour's Kevin Plank and Intel's Brian Krzanich - who resigned from the council on Monday following the president's heavily criticized handling of the deadly violence that erupted at a white supremacist rally in Charlottesville , Virginia, over the weekend. (more...)
Ross Stores, Inc. (NASDAQ:ROST) To Release Earnings Ross Stores, Inc. (NASDAQ:ROST) To Release Earnings
- August 18, 2017

The institutional investor owned 110,140 shares of the apparel retailer's stock after selling 5,015 shares during the period. Checchi Capital Advisers LLC's holdings in Ross Stores were worth $285,000 at the end of the most recent quarter. (more...)
Cohn to Remain in White House Economic Post, Official Says Cohn to Remain in White House Economic Post, Official Says
- August 18, 2017

Earlier, European stocks dropped as minutes from the region's last central bank meeting revealed concern among officials that the currency could overheat. While Cohn's continued presence in the White House brought a measure of calm to markets, it failed to end the controversy sparked by Trump's polarizing remarks, leaving his agenda with an uncertain future. (more...)
ANOTHER CEO Quits Trump's White House Council Over Charlottesville ANOTHER CEO Quits Trump's White House Council Over Charlottesville
- August 18, 2017

And two others have now followed suit, with Intel's Brian Krzanich and Under Armour's Kevin Plank both announcing their departure yesterday. On Monday, attorney general Jeff Sessions said the death of paralegal Heather Heyer , 32, who was killed when a vehicle ploughed into a group of counter-protesters in Charlottesville "does meet the definition of domestic terrorism in our statute". (more...)
American International Group Inc. Has $328000 Stake in Buckle, Inc. (The) (BKE) American International Group Inc. Has $328000 Stake in Buckle, Inc. (The) (BKE)
- August 18, 2017

The third largest holder is Vanguard Group Inc, which now holds $40.01 million worth of this stock and that ownership represents almost 5.98% of its market capitalization. Buckle, Inc. (The)'s revenue for the quarter was down 12.9% compared to the same quarter past year. The company also recently announced a quarterly dividend, which was paid on Wednesday, July 26th. (more...)
Has $706000 Stake in Norwegian Cruise Line Holdings Ltd. (NCLH) Has $706000 Stake in Norwegian Cruise Line Holdings Ltd. (NCLH)
- August 18, 2017

The company reported $1.02 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.97 by $0.05. The stock declined 0.21% or $0.12 reaching $57.78 per share. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) earned "Mkt Perform" rating by Bernstein on Wednesday, November 23. (more...)
Dollar Drops After Fed Minutes Released Dollar Drops After Fed Minutes Released
- August 18, 2017

The Nasdaq Composite was down 87.89 points, or 1.39 percent, at 6,257.22. The Fed also discussed the surprisingly low inflation readings, with a few officials noting that the Fed could be patient before raising interest rates again. U.S. stocks ended slightly stronger after paring earlier gains and prices of U.S. Treasuries were higher. Earlier in the session, GDP numbers showed a modest upward revision with the Euro-area economy growing by 2.2% in the year to June versus the 2.1% estimate. (more...)
Checking the Overall Picture for Plains GP Holdings, LP (PAGP)
- August 18, 2017

Plains Group Holdings, L.P. has a 12 month low of $20.55 and a 12 month high of $36.59. Other institutional investors have also recently bought and sold shares of the company. This dividend amount will represent a yeild of $3.50. Plains Group Holdings, L.P. LeMaitre Vascular had 29 analyst reports since July 29, 2015 according to SRatingsIntel. (more...)
Unit Corporation (NYSE:UNT) Downgraded to Unit Corporation (NYSE:UNT) Downgraded to "Sell" at BidaskClub
- August 18, 2017

It fall, as 47 investors sold COG shares while 144 reduced holdings. Vident Investment Advisory LLC bought a new position in Unit Corporation during the first quarter worth about $2,109,000. The business also recently declared a quarterly dividend, which will be paid on Thursday, August 24th. Bluemountain Lc owns 0% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 2,420 shares. (more...)
Retirement Systems of Alabama Raises Stake in Gap, Inc. (The) (GPS) Retirement Systems of Alabama Raises Stake in Gap, Inc. (The) (GPS)
- August 18, 2017

The fund owned 148,413 shares of the apparel retailer's stock after selling 38,406 shares during the period. Without a one-time insurance gain related to a fire at a Gap distribution center in 2016, the company said it earned 58 cents per share. (more...)
Kolkata: 23-year-old air hostess dies after falling from third floor Kolkata: 23-year-old air hostess dies after falling from third floor
- August 18, 2017

The flat belonged to her father, Sherab Tenzing Bhutia , who is also a senior cabin crew member with Air India. Police have detained two of the deceased's friends, a man and another female, for questioning. "We learnt that post mortem is completed we have not yet seen the report", he said adding that they will proceed based on the report. Both were in drunken state, a police officer said adding that beer bottles were found inside the flat. (more...)
The ISS is getting a ruggedized computer upgrade The ISS is getting a ruggedized computer upgrade
- August 18, 2017

This kind of an experiment is important because "radiation is likely to have a number of unanticipated effects on complex computer systems". That's why NASA and Hewlett-Packard Enterprise (HPE) are launching the supercomputer to the ISS - to see how it fares in the cold, zero g environment of outer space. (more...)
YouTube TV will soon be available in 46 markets in the US YouTube TV will soon be available in 46 markets in the US
- August 18, 2017

That means YouTube TV will soon be available in more than half of U.S. homes and has the most markets with all of the "big four" networks streaming live. Petersburg/Sarasota . It said it plans to expand into 17 additional markets in the coming weeks, including Indianapolis, Kansas City, Mo., Milwaukee, San Diego and St. (more...)
Robbery on Rajdhani Express, Rs 10-15 lakh estimated to be stolen Robbery on Rajdhani Express, Rs 10-15 lakh estimated to be stolen
- August 18, 2017

The incident of loot in Rajdhani Express was committed in Ratlam in MP and the police of the area is now investigating the matter, told Deputy Superintendent of Police (DSP), GRP, Kota, Rohitashwa Kumar and added Rajasthan and Kota region is a safer zone in this regard as no such crime has been committed in the area in recent past. (more...)