Business


Pendragon drops 17% after profit warning Pendragon drops 17% after profit warning
- October 23, 2017

The company said it now expected underlying pre-tax profits of £60m for 2017 as a whole - down on previous market expectations of £75m. "During the quarter as consumer confidence waned we experienced significant market pressures". It has axed any plans for acquisitions in the U.S. and is to assess the value of the businesses it already owns. The franchise operator said it had witnessed a fall in consumer confidence in the three months to 30 September, while the value of used auto sales had ... (more...)
Cisco To Buy BroadSoft For $55/shr Cisco To Buy BroadSoft For $55/shr
- October 23, 2017

Cisco said on Monday it offered $55 per share, which represents a premium of 2 percent to BroadSoft's last close. Unsurprisingly, Cisco declined to comment on the matter but a successful negotiation would see BroadSoft become its second big-ticket purchase this year after the $3.7 billion acquisition of AppDynamics back in March. (more...)
Crude palm oil futures fall 0.48% on profit-booking Crude palm oil futures fall 0.48% on profit-booking
- October 23, 2017

In annual terms, the number of installations increased by 360 units, or by 1.7 times. Oil prices were nearly steady at the beginning of the said week as OPEC said there were clear signs the market was rebalancing and as US production remained offline following Hurricane Nate, according to Reuters. (more...)
Applied Materials, Inc. (NASDAQ:AMAT) Under Analyst Spotlight
- October 23, 2017

Bernstein maintained Visa Inc (NYSE:V) on Wednesday, August 12 with "Outperform" rating. Farmers & Merchants Invests reported 600 shares. Aperio Grp Lc reported 507,868 shares. Riley & Co. Applied Materials Inc. has a 52-week low of $15.44 and a 52-week high of $33.68. (NASDAQ:AMAT) in a report published on Thursday, October 12th, The Fly reports. (more...)
Buys 3588 Shares of Northrop Grumman Corporation (NOC)
- October 23, 2017

The stock increased 6.33% or $0.32 on October 20, reaching $5.46. FMR LLC now owns 4,262,441 shares of the company's stock worth $947,455,000 after buying an additional 1,742,969 shares in the last quarter. The stock of Northrop Grumman Corporation (NYSE:NOC) has "Overweight" rating given on Wednesday, December 16 by JP Morgan. Columbia Wanger Asset Management Llc sold 40,081 shares as Sps Commerce Inc (SPSC)'s stock rose 6.69%. (more...)
Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Trading Up - Shorts Up 5.00%
- October 23, 2017

The value of the total investment in Twenty-First Century Fox , Inc. decreased from $283,087,000 to $269,311,000 a change of 4.9% for the reporting period. had its "buy" rating reiterated by analysts at Citigroup. Seekingalpha.com's news article titled: "Fox: Buy The Dip" with publication date: October 13, 2017 was also an interesting one. (more...)
The Baker Hughes Incorporated (BHI) Shares Sold by the Profund Advisors LLC The Baker Hughes Incorporated (BHI) Shares Sold by the Profund Advisors LLC
- October 23, 2017

About 1.17 million shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since October 21, 2016 and is uptrending. (The) restated a "sell" rating on shares of Baker Hughes A GE in a report on Tuesday, July 18th. The firm has "Neutral" rating given on Friday, September 4 by Credit Suisse. JP Morgan upgraded ConocoPhillips (NYSE:COP) on Monday, July 11 to "Neutral" rating. (more...)
You could soon opt to fly if Rajdhani ticket's not confirmed
- October 23, 2017

There is huge demand for tickets for the Rajdhani Express and passengers left with unconfirmed tickets on a daily basis are in plenty. Senior IAS officer Rajiv Bansal, who has now taken over Air India after Lohani's exit, said this was the first time he heard that railways and flight fares are nearly the same, referring to Lohani's statement. (more...)
Slovenia's incumbent President Pahor wins first round Slovenia's incumbent President Pahor wins first round
- October 23, 2017

Apart from Pahor, the most likely candidate to get into the second round is the mayor of Kamnik Marjan Sarec, who is backed by his own non-parliamentary center-left party Lista Marjana Sarca, opinion polls showed. Sunday's presidential election is the sixth one since the country's independence in 1991. "People know me and trust me, because I have a good track record". (more...)
Hyderabad Uber driver arrested for masturbating in front of passenger Hyderabad Uber driver arrested for masturbating in front of passenger
- October 23, 2017

But, the cab driver who picked up her has allegedly misbehaved with the lady while driving on the outer ring road. "As soon as we were on the relatively empty ORR in #Hyderabad, he slowed the vehicle to about a 50 kmph and kept glancing back in the rear view mirror", wrote Uma Sharma on October 19. (more...)
Roper Technologies, Inc. (NYSE:ROP) Trading Up - Short interest grew by 10.54%
- October 23, 2017

The stock decreased 0.25% or $0.66 on October 20, reaching $259.34. About 12.60 million shares traded. Essex Property Trust Inc (ESS) has risen 15.01% since October 22, 2016 and is uptrending. The stock now has an average rating of "Buy" and a consensus price target of $244.17. On Thursday, August 20 the stock rating was upgraded by Zacks to "Sell". (more...)
Spire shares leap after rejecting £1.2bn Mediclinic approach Spire shares leap after rejecting £1.2bn Mediclinic approach
- October 23, 2017

The proposal comprised 150p in cash and 0.232 new Mediclinic share per Spire share. However, Spire's board, excluding Chief Executive Officer Danie Meintjes rejected the offer, claiming that it "significantly undervalues Spire and its prospects". (more...)
New charge for polluting vehicles to tackle London's 'lethal air' New charge for polluting vehicles to tackle London's 'lethal air'
- October 23, 2017

The T-charge is £10 a day and is charged in addition to the Congestion Charge in liable zones, which in itself costs £11.50 a day. Pre-Euro 4 vehicles are typically those registered before 2006 that are around more than 12 years old, but Transport for London suggests that anyone who has a vehicle registered before 2008 checks if it is eligible for the charge. (more...)
General Electric Company (GE) Shares Sold by OLD National Bancorp IN
- October 23, 2017

General Electric (NYSE:GE) last released its quarterly earnings results on Friday, October 20th. It has underperformed by 7.39% the S&P500. Private Management Group Inc increased Liberty Global Plc (LBTYK) stake by 8.89% reported in 2017Q2 SEC filing. (more...)
Benedict Financial Advisors Inc. Has $423000 Stake in Wells Fargo & Company
- October 23, 2017

Finally, Signature Estate & Investment Advisors LLC bought a new stake in shares of Wells Fargo & during the 1st quarter valued at about $124,000. The stock decreased 0.64% or $0.05 on October 20, reaching $7.8. Vetr upgraded Wells Fargo & from a "sell" rating to a "hold" rating and set a $52.91 target price on the stock in a research note on Monday, October 16th. (more...)
Assenagon Asset Management SA Raises Position in Alexion Pharmaceuticals, Inc. (ALXN)
- October 23, 2017

It has outperformed by 15.86% the S&P500. Finally, TIAA CREF Investment Management LLC increased its holdings in Alexion Pharmaceuticals by 42.2% during the second quarter. Juno Therapeutics Inc (Call) (NASDAQ:JUNO) was raised too. On average, equities analysts predict that Alexion Pharmaceuticals, Inc. will post $5.60 earnings per share for the current fiscal year. (more...)
Pay more for fast internet: NBN boss Bill Morrow Pay more for fast internet: NBN boss Bill Morrow
- October 23, 2017

Today's headlines would seem to make it official: the National Broadband Network is a mess. Us too, to be honest with you. Such rival technologies cherry-pick business from the profitable urban areas, which puts the NBN under tremendous pressure because its model uses city revenue to subsidise expensive rollouts to rural areas. (more...)
KFC Only Follows 11 People On Twitter, And Here's Why KFC Only Follows 11 People On Twitter, And Here's Why
- October 23, 2017

He followed it up with, "Those 11 people?" It adds up to 11 herbs and spices, part of the famous secret recipe KFC founder Colonel Harland Sanders touted for his fried chicken. One of the Herbs being followed - Herb Scribner from DeseretNews.com - actually tweeted about it in September, as did Green Bay Packers cornerback Herb Waters, though the joke only went viral after @Edgette22 sent it out into the online world. (more...)
'Aquaman' Is A Classic Adventure Film Says Jason Mamoa 'Aquaman' Is A Classic Adventure Film Says Jason Mamoa
- October 23, 2017

The shooting of superhero film Aquaman , starring Jason Momoa , is done. Together, Batman and Wonder Woman work quickly to find and recruit a team of metahumans to stand against this newly awakened threat. @amberheard My rider we went through some heavy shit mama. I hate comparing things, but when I watch Indiana Jones and the Last Crusade , you see all these awesome worlds and the places they go, and you watch Star Wars and they do battles in space. (more...)
Sex scandal never ends: Directors Guild dumps Harvey Weinstein Sex scandal never ends: Directors Guild dumps Harvey Weinstein
- October 23, 2017

DGA President Thomas Schlamme said that the guild made the charges over a week ago, on October 13. "Unless we recognise what has become so acceptable in our culture and how we possibly, even unconsciously, are participants, everything else will be meaningless". (more...)
Vodafone Group PLC (NASDAQ:VOD) Earns Media Sentiment Rating of 0.15
- October 23, 2017

The stock increased 0.17% or $0.05 on October 20, reaching $28.98. 1,901,152 shares of the company traded hands. Vodafone Group Plc (ADR) (NASDAQ: VOD ) has declined 13.23% since October 21, 2016 and is downtrending. Therefore 10% are positive. Alibaba had 144 analyst reports since August 12, 2015 according to SRatingsIntel. Standpoint Research downgraded Alibaba Group Holding Ltd (NYSE:BABA) on Thursday, October 29 to "Hold" rating. (more...)
Budget deficit hits $666B, up $80B as tax debate kicks off
- October 23, 2017

The budget shortfall rose to $666 billion in the fiscal year that ended on September 30, up $80 billion, or 14%, from fiscal year 2016. Treasury said Friday the government ran an $8 billion surplus in September, much smaller than the $33 billion surplus in September 2016. (more...)
Coca-Cola Company (The) (KO) Shares Sold by Saratoga Research & Investment Management Coca-Cola Company (The) (KO) Shares Sold by Saratoga Research & Investment Management
- October 23, 2017

It has underperformed by 5.95% the S&P500. Lafayette Investments Inc decreased its stake in Microsoft Corp Com (MSFT) by 27.13% based on its latest 2017Q2 regulatory filing with the SEC. (NASDAQ:SSNC) on Thursday, July 30 with "Buy" rating. The stock has "Hold" rating by Jefferies on Tuesday, September 5. The company was maintained on Monday, July 24 by Jefferies. (more...)
Pioneer Natural Resources Company (PXD) Upgraded by Zacks Investment Research to "Buy"
- October 23, 2017

It has underperformed by 8.24% the S&P500. One analyst has rated the stock with a sell rating , six have assigned a hold rating and nineteen have issued a buy rating to the company. Therefore 88% are positive. KCAP Financial had 6 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Pioneer Natural Resources (NYSE:PXD) earned "Overweight" rating by KeyBanc Capital Markets on Monday, August 22. (more...)
Next Weeks Broker Price Targets For EXACT Sciences Corporation (EXAS)
- October 23, 2017

Therefore 63% are positive. They now have a Dollars 33 price target on the stock. 09/21/2017 - EXACT Sciences Corporation had its "outperform" rating reiterated by analysts at Leerink Swann. On average, analysts expect Exact Sciences Corporation to post $-1.19 EPS for the current fiscal year and $-0.8 EPS for the next fiscal year. It has outperformed by 441.54% the S&P500. (more...)
Man In Pikachu Costume Jumps White House Fence
- October 23, 2017

As it turns out, the 36-year-old told an officer on the scene that he chose to take on the challenge in order "to become famous and thought jumping the White House fence and posting it to YouTube would make him famous". Combs told Secret Service agents he wanted to be famous and hoped to accomplish that by jumping the White House fence in a Pikachu outfit and posting it to YouTube. (more...)
Aprueban métodos de elección de XIX Congreso Nacional del PCCh Aprueban métodos de elección de XIX Congreso Nacional del PCCh
- October 22, 2017

De entre ellos, 43 procedían del Comité Central del PCCh -formado por los 200 miembros con más poder del régimen- y 9 eran de la propia Comisión Central para Inspección y Disciplina, el brazo anticorrupción del partido. Mientras éste intervenía, Jiang sacó varias veces una gran lupa para leer la versión escrita del discurso y en algunos momentos pareció claramente distraído o hasta quedarse dormido. (more...)
Conning Inc. Bought A Little More Pfizer, Inc. (PFE) Stock Last Quarter
- October 22, 2017

Shareholders of record on Friday, November 11th will be issued a dividend of $0.30 per share. Alibaba Group Holding Ltd (NYSE:BABA) has risen 57.33% since October 21, 2016 and is uptrending. giving the company a "neutral" rating. As per Tuesday, June 14, the company rating was maintained by Jefferies. As per Wednesday, October 28, the company rating was maintained by Deutsche Bank. (more...)
Mizuho Reiterates Mizuho Reiterates "Sell" Rating for Magellan Midstream Partners LP (MMP)
- October 22, 2017

It has underperformed by 16.70% the S&P500. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned "Hold" rating by RBC Capital Markets on Sunday, August 27. Goldman Sachs Grp has invested 0% in Ellington Financial LLC (NYSE:EFC). It also increased its holding in Fidus Investment Co (NASDAQ:FDUS) by 210,483 shares in the quarter, for a total of 223,845 shares, and has risen its stake in Bgc Partners Inc (NASDAQ:BGCP). (more...)
Lam Research Corporation's (NASDAQ:LRCX) Buy Rating Reaffirmed at Needham & Company LLC
- October 22, 2017

American Grp accumulated 67,956 shares or 0.03% of the stock. About 4.00 million shares traded. Equifax Inc. (NYSE:EFX) has risen 11.28% since October 21, 2016 and is uptrending. On Monday, May 8 the insider DENHOLM ROBYN M sold $6.24 million. During the same quarter in the prior year, the firm posted $1.81 earnings per share. (more...)

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