Business


BHP posts dip in iron ore, oil output BHP posts dip in iron ore, oil output
- October 18, 2017

Sign up here for free access to 7 articles per month + twice daily business email alerts. BHP, which in August declared its troubled United States shale assets as "non-core" and announced it was actively pursuing options to exit them, on Wednesday said it increased drilling rigs at the onshore assets from five to nine. (more...)
Sainsbury's to cut up to 2000 administrative jobs Sainsbury's to cut up to 2000 administrative jobs
- October 18, 2017

It said it would offer affected staff alternative roles wherever possible, or redundancy packages. The company is proposing shedding 1,400 staff from its Sainsbury's grocery stores, and consolidating other roles across its entire operations - which also include catalogue-based retailer Argos and Sainsbury's Bank - resulting in another 600 potential job losses. (more...)
Favorable News Coverage Somewhat Unlikely to Impact Dynegy (DYN) Stock Price
- October 18, 2017

Dynegy Inc. (NYSE: DYN ) shares ended at $9.81 with 3.77 mln shares exchanging hands. It has underperformed by 66.53% the S&P500. Strategic Wealth Advisors Groupinc sold 43,791 shares as the company's stock rose 12.78% with the market. The company was upgraded on Wednesday, April 26 by Deutsche Bank. The firm earned "Neutral" rating on Monday, March 7 by SunTrust. Goldman Sachs maintained Apple Inc. (more...)
Noble Corporation (NE) Bonds Trading 1.5% Higher
- October 18, 2017

Noble Corporation plc (NYSE:NE) closed its last session at $4.03. According to Zacks, analysts expect that Noble Corporation will report full year sales of $267.02 million for the current fiscal year, with estimates ranging from $1.14 billion to $1.20 billion. (more...)
Israeli settlers steal olive harvest in West Bank villages
- October 18, 2017

Peace Now, an Israeli settlement watchdog, said the new permit would increase the number of settlers in Hebron by 20 percent. The approval on Monday by the Civil Administration's Subcommittee for Licensing is the first for new Jewish housing in the city since 2002. (more...)
Ex-Hurricane Ophelia and those unusual skies Ex-Hurricane Ophelia and those unusual skies
- October 18, 2017

It's all connected with Ophelia, on the eastern side of the low pressure system air is coming up in the southern direction. "Air is being pulled from southern Europe and Africa and that air contains a lot of dust". Blue light, which usually paints the sky, was scattered enabling more yellow and orange light to break through. The unusual red sun has been spotted up and down the country and is creating quite a talking point. (more...)
Analyst Earnings Estimates Screen: Kimco Realty Corporation (KIM)
- October 18, 2017

Below is a list of Realty Income Corp (NYSE:O) latest ratings and price target changes. Wells Fargo & Company MN owned about 0.22% of Terreno Realty Corporation worth $3,893,000 as of its most recent SEC filing. The percentage of shares being held by the company management was 0.1% while institutional stake was 97.3%. Pax Ww Management Ltd invested 0.56% in Terreno Realty Corporation (NYSE:TRNO). (more...)
Drone collides with passenger plane for first time in North America Drone collides with passenger plane for first time in North America
- October 18, 2017

A drone has collided with a commercial aircraft as it was approaching to land at Jean Lesage International Airport in Quebec City. According to a press release from the federal minister of Transport, Marc Garneau, aired Sunday, 1596 incidents involving drones have been reported since the beginning of the year 2017. (more...)
Former NZ PM Sir John Key to become ANZ chair Former NZ PM Sir John Key to become ANZ chair
- October 18, 2017

The lender announced on Wednesday Mr Judge, who has been on the board since December 2008 and chair since June 2012, will be retiring in January next year. He also received Australia's highest honour, becoming a Companion of the Order of Australia for advancing the Australia and New Zealand bilateral relationship. (more...)
Wilkie goes after Crown in parliament
- October 18, 2017

Independent Member for Denison Andrew Wilkie tabled the claims in Parliament. The identities of the whistleblowers were obscured in the video evidence tabled to parliament, but Mr Wilkie said they had been confirmed by him. This, Mr Wilkie said, meant "Crown would be facilitating money-laundering for crimes like tax fraud, drug-running and terrorism". Staff also alleged that marijuana was smoked daily in the Teak Room, the lowest of the VIP gaming rooms, and that they had been told to turn ... (more...)
Medtronic Plc (MDT) Position Has Boosted by Artisan Partners Limited Partnership
- October 18, 2017

The stock increased 0.19% or $0.15 on October 13, reaching $78.07. Ordinary Shares (NYSE: MDT ). Condor Cap reported 0.3% in Medtronic plc. In other Medtronic PLC news, EVP Bryan C. The company has a market capitalization of $105.29 billion, a PE ratio of 26.16 and a beta of 1.01. Investors sentiment decreased to 0.9 in Q2 2017. (more...)
TIDAL X: Brooklyn ft. Jay-Z, Stevie Wonder, J. Lo & More [LIVESTREAM TIDAL X: Brooklyn ft. Jay-Z, Stevie Wonder, J. Lo & More [LIVESTREAM
- October 18, 2017

JAY-Z, Cardi B , Jennifer Lopez , DJ Khaled , Fat Joe , Remy Ma , Daddy Yankee, Yo Gotti , A$AP Ferg, Vic Mensa, Fifth Harmony, Joey Bada $$, Willow Smith, and many more are performing. Concert ticket proceeds will be donated to natural disaster relief organizations like Global Giving, All Hands Volunteers, Kids in Need Foundation, Direct Relief, One America Appeal, Greater Houston Community Foundation, American Civil Liberties Union and Miami Community Foundation. (more...)
Senators reach bipartisan deal to fund Obamacare subsidies cut by Trump Senators reach bipartisan deal to fund Obamacare subsidies cut by Trump
- October 18, 2017

The federal payments to health insurers, which help offset costs for low-income Americans, would continue for two more years under the proposal. Despite his best efforts, Trump is stuck with the reality that Obamacare is still the law of the land and that his own administration is responsible for overseeing the health care system that's been shaped by it. (more...)
Former Rio Tinto chief executive charged over $3.7bn coal deal Former Rio Tinto chief executive charged over $3.7bn coal deal
- October 18, 2017

Rio did not immediately respond to request for comment. The SEC said that soon after the deal was completed, Rio Tinto learned that the acquisition would yield less coal, and of a lower quantity, than expected. markets watchdog has claimed. "Rio Tinto and its top executives allegedly failed to come clean about an unsuccessful deal that was made under their watch", said Steven Perkin, the SEC's co-director of enforcement. (more...)
Ashford Hospitality Trust Inc Stock as Institutional Investors Exit
- October 18, 2017

FBR Capital maintained Hospitality Properties Trust (NASDAQ: HPT ) on Wednesday, May 11 with "Outperform" rating. The stock increased 3.81% or $2.51 on October 13, reaching $68.47. The Company's divisions are Same-Store Communities and Non-Mature Communities/Other. Since May 9, 2017, it had 0 buys, and 3 insider sales for $339,470 activity. (more...)
Jefferies Maintains Rating And Raises Price Target On UnitedHealth Group Incorporated (UNH)
- October 18, 2017

Resmed (Rmd) now has $11.06 billion valuation. Since May 9, 2017, it had 2 insider purchases, and 0 sales for $87,759 activity. About 173,025 shares traded. Heading into the earnings release, covering sell-side analysts have a consensus target price of $211.22 on UnitedHealth Group Incorporated shares. Bartlett Communications Ltd holds 4,744 shares. (more...)
NXP Semiconductors NV (NXPI) Position Lifted by Paulson & CO. Inc
- October 18, 2017

The hedge fund run by Edward Goodnow held 132,419 shares of the consumer services company at the end of 2017Q2, valued at $4.42 million, down from 350,859 at the end of the previous reported quarter. Among 25 analysts covering Ulta Salon Cosmetics & Fragrance Inc ( NASDAQ:ULTA ), 12 have Buy rating, 0 Sell and 13 Hold. Therefore 60% are positive. (more...)
Analyst EPS Estimates Screen: Hormel Foods Corporation (HRL) Analyst EPS Estimates Screen: Hormel Foods Corporation (HRL)
- October 18, 2017

Cibc Ww Markets Inc has 0% invested in Hormel Foods Corp (NYSE:HRL) for 27,654 shares. The stock declined 0.03% or $0.01 reaching $31.51 per share. Yesterday Hormel Foods (NYSE:HRL) traded 0.16% higher at $34.16. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock of Northrop Grumman Corporation (NYSE:NOC) earned "Outperform" rating by RBC Capital Markets on Thursday, January 12. (more...)
Delta passenger says she was stopped from singing anthem Delta passenger says she was stopped from singing anthem
- October 18, 2017

As the airline announced it was carrying the casket of a soldier, Gaudry chose to suggest to fellow passengers that they stand and sing the national anthem in a gesture she says was meant to honor the soldier. "I had an idea, it was just one of those spontaneous ideas, that it would be so neat when this soldier stood up, and while the Honor Guard was taking him off, that we should sing the national anthem", Gaudry said. (more...)
Auditor General slams Wynne government Auditor General slams Wynne government
- October 18, 2017

Nickel Belt MPP France Gélinas said even for this government, the auditor general's findings are shocking. "There's still time to fix it, and we're encouraging the government to do so". "The accounting practices in the Fair Hydro Plan are well-established, and well-recognized within the industry. And it's a common practice for companies like Toronto Hydro, Hydro One, and Fortis". (more...)
Research Ratings: Juno Therapeutics, Inc. (JUNO), Bed Bath & Beyond Inc. (BBBY)
- October 18, 2017

What Historical Figures Say About Bed Bath & Beyond Inc. (NASDAQ: BBBY ) notched a -0.05% intraday decline moving at $21.22. Focusing about the past performance watch, the company stock discounted -7.33% in past week and plummeted -26.44% in one month. (more...)
Phillips 66 (NYSE:PSX) Overbought but Is That a Sell Indicator? Phillips 66 (NYSE:PSX) Overbought but Is That a Sell Indicator?
- October 18, 2017

Shares of Phillips 66 closed the previous trading session at with shares trading hands. Chukwuemeka A. Oyolu, Vice President & Controller let go of $102,531 worth of shares at an average price of $89.08 on September 19th. On a similar note, analysts expect EPS of $1.7 in September 2017 quarter and $1.17 in December 2017 quarter, representing 61.9% and 631.25% growth, respectively. (more...)
Senate Intelligence Committee Zeroes In On Mike Flynn's Son Senate Intelligence Committee Zeroes In On Mike Flynn's Son
- October 18, 2017

The younger Flynn denied that report on Twitter, saying he was not the subject "of any federal investigation". Politico reported last week that Page told the Intelligence Committee he would invoke his Fifth Amendment right to remain silent and would not comply with the committee's request for documents. (more...)
How Are Plug Power Inc. (PLUG) Earnings Expectations Changing For Q3 2017?
- October 18, 2017

Several other equities research analysts have also issued reports on the stock. Roth Capital reiterated a "sell" rating and set a $1.30 target price on shares of Plug Power in a research report on Sunday, July 23rd. ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Week Herald and is the property of of Week Herald. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and worldwide trademark and copyright ... (more...)
Burning Stock on the move: Prospect Capital Corporation (PSEC)
- October 18, 2017

When they sold shares, the stock underperformed 5.4%. Therefore 11% are positive. 02/10/2016 - Prospect Capital Corporation had its "hold" rating reiterated by analysts at Cantor Fitzgerald. Private Advisor Group Inc holds 98,170 shares or 0.02% of its portfolio. Pacad Limited accumulated 0.09% or 33,225 shares. If Prospect Capital Corporation (NASDAQ: PSEC ) shares can stay above the price resistance around $6.32 a share, that could help propel Prospect Capital Corporation ... (more...)
Betting On Encana Corporation (NYSE:ECA) ?
- October 18, 2017

Several firms have shifted positions in ( ECA ). About 4.23 million shares traded. This rating was disclosed to clients in a report on Wednesday, 27 September. The dividend payment was $0.015 per share for the quarter which comes to $0.06 on an annualized basis. On average, analysts expect that Encana Corporation will post $0.50 EPS for the current year. (more...)
Canadian Pacific Railway Limited (USA) (CP) EPS Estimated At $2.38
- October 18, 2017

BidaskClub lowered Canadian Pacific Railway Limited from a "hold" rating to a "sell" rating in a research report on Saturday, June 10th. COPYRIGHT VIOLATION WARNING: This piece was reported by TrueBlueTribune and is the property of of TrueBlueTribune. (more...)
Maxim Integrated Products, Inc. (MXIM) to Release Earnings on Wednesday
- October 18, 2017

Comerica Natl Bank holds 0% of its portfolio in Maxim Integrated Products Inc . Also, CFO Bruce E. Kiddoo sold 25,000 shares of Maxim Integrated Products stock in a transaction dated Monday, August 14th. Several equities research analysts have recently weighed in on MXIM shares. Drexel Hamilton reissued a "buy" rating and set a $52.00 price objective on shares of Maxim Integrated Products in a research note on Wednesday, September 6th. (more...)
General Electric Company (GE) Stake Decreased by First Heartland Consultants Inc
- October 18, 2017

More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: "General Electric Is Near A Bottom" published on October 16, 2017 as well as Bloomberg.com's news article titled: "Everyone's Fed Up With GE's Confusing Accounting" with publication date: October 16, 2017. (more...)
Featured Stock: KB Home (KBH)
- October 18, 2017

Vanguard Group Inc. grew its position in KB Home by 7.7% in the second quarter. Creative Planning now owns 4,289 shares of the construction company's stock valued at $103,000 after purchasing an additional 1,110 shares during the period. KB Home (NYSE:KBH) shares were increased by research professionals at Mizuho Securities to a solid Hold rating in a note revealed to investors today. (more...)

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