Business


Watchdog probes hotel booking sites with concerns they are scamming customers Watchdog probes hotel booking sites with concerns they are scamming customers
- October 27, 2017

Nisha Arora, a senior director at the CMA, told the BBC's Today programme: "We are concerned about the clarity and accuracy of these sites". The Competition and Markets Authority is concerned that rather than helping consumers, the sites might actually be making it more hard for them. (more...)
Malabu Oil Deal: FG recovers stolen $85 million from United Kingdom Malabu Oil Deal: FG recovers stolen $85 million from United Kingdom
- October 27, 2017

Salihu Isah, stated that the minister said this in his remarks at the Pre-Global Forum on Asset Recovery consultative meeting held in Abuja on Thursday. Isah added that Malami affirmed the need for the worldwide community to ensure the implementation of the measures considered and adopted at the London Anti-Corruption Summit in May, 2016. (more...)
Deckers Outdoor Corporation (DECK) Getting Somewhat Positive News Coverage, Study Finds
- October 27, 2017

Piper Jaffray maintained Deckers Outdoor Corp (NYSE:DECK) rating on Thursday, July 27. Sell-side analysts are offering a consensus "Buy" rating on shares of Western Digital Corporation (NASDAQ:WDC). On a per-share basis, the Goleta, California-based company said it had profit of $1.54. The company said it expects revenue in the range of $735 million to $745 million for the fiscal third quarter. (more...)
JC Penney chops 2017 comp sales, profit forecast; shares drop
- October 27, 2017

Penney said it now expects full-year comparable sales to be flat at best, down from its previous forecast of sales to range between a drop of 1 percent and a rise of 1 percent. Penney also slashed adjusted earnings per share. Like many department stores, Penney has been trying to reinvent itself as shoppers move online. "We took the necessary steps to accelerate inventory liquidation primarily across all apparel divisions, which increases available funding to invest in new and trending ... (more...)
Caterpillar Inc. (CAT) Shares Gap Up After Strong Earnings
- October 27, 2017

Southeast Asset Advisors Inc. increased its position in Caterpillar by 2.0% in the second quarter. About 5.74 million shares traded or 55.14% up from the average. Its up 0.25, from 0.71 in 2017Q1. Caterpillar Inc. (NYSE:CAT) is scheduled to be issuing its Q316 quarterly earnings data on Tuesday, October 25th. (more...)
Portland General Electric Company Q3 Income Advances 18%
- October 27, 2017

Granite Investment Partners Llc, a California-based fund reported 166,795 shares. BidaskClub raised shares of El Paso Electric from a "hold" rating to a "buy" rating in a research note on Friday, August 18th. The rating was initiated by JP Morgan with "Underweight" on Thursday, May 12. Proficio Capital Partners LLC now owns 28,061 shares of the company's stock worth $877,000 after buying an additional 84 shares during the last quarter. (more...)
U.S. economy grows 3% in 3Q on inventories, trade U.S. economy grows 3% in 3Q on inventories, trade
- October 27, 2017

The nation's gross domestic product - the value of all goods and services produced in the USA - increased at a seasonally adjusted annual rate of 3%, the Commerce Department said Friday. That left a smaller trade deficit, leading to trade adding 0.41 percentage point to GDP growth. The government said while various activities from oil and gas refineries in Texas to farming in Florida were affected, it could not break out an estimate of how much the hurricanes had decreased growth. (more...)
ZIOPHARM Oncology, Inc. (ZIOP) returned -22.09% low during past 3 month period
- October 27, 2017

Analysts mean recommendation for the stock is 2.6. Shares are clocking price at $4.48 with change of -8.20%. Mizuho reissued a neutral rating and issued a $5.00 target price (down previously from $7.00) on shares of Ziopharm Oncology in a research note on Monday, July 18th. (more...)
Is Buying Imperial Oil Limited (NYSEAMERICAN:IMO) Here Good Idea?
- October 27, 2017

Several equities analysts have weighed in on IMO shares. Imperial Oil Limited is an integrated oil company. RBC Capital Markets raised their target price on Imperial Oil Limited from C$47.00 to C$48.00 and gave the company a "sector perform" rating in a report on Friday, November 18th. (more...)
Cheniere Energy Partners LP (CQP) Announces Quarterly Dividend of $0.44
- October 27, 2017

About 53,218 shares traded. Shares of Cheniere Energy Partners ( NYSE CQP ) traded down 0.43% during mid-day trading on Wednesday, hitting $27.60. Finally, BP Capital Fund Advisors LLC increased its position in Cheniere Energy Partners LP Holdings by 63.3% in the third quarter. On average, analysts expect Cheniere Energy Partners LP Holdings to post $0.84 EPS for the current fiscal year and $1.81 EPS for the next fiscal year. (more...)
Myanmar Consul General Pyi Soe dies in road accident Myanmar Consul General Pyi Soe dies in road accident
- October 27, 2017

Soe was appointed as the Consul General in Kolkata in December 2016. "Our officers promptly reached the spot on getting the information and rushed all of them in the vehicle to a nearby hospital where the doctors pronounced Soe brought dead", Mallick added. (more...)
Verizon Communications Inc. (VZ) Stake Lessened by Princeton Capital Management Inc
- October 27, 2017

About shares traded. Xylem Inc (NYSE:XYL) has risen 20.76% since October 26, 2016 and is uptrending. It has outperformed by 7.02% the S&P500. Verizon Communications Inc. Meyer Handelman Communication reported 21,400 shares. Meiji Yasuda Asset Mngmt Company has 0.09% invested in Weyerhaeuser Co (NYSE:WY). The Excalibur Management Corp holds 140,787 shares with $6.29 million value, up from 123,976 last quarter. (more...)
Hershey reports 20 percent income jump for quarter Hershey reports 20 percent income jump for quarter
- October 27, 2017

The Pennsylvania-based company's income rose 2.35% to $283.65mn, or $1.33per share compared to an income of $2.7.35mn or $1.29 per share in the same period a year ago. The snacks segment of its portfolio continues to be a sweet spot for Hershey in its latest earnings report. Hershey's USA candy, minty and gum's (CMG) retail takeaway increased 1.4%, with market share losing 0.3 points. (more...)
Mostly Seasonable & Mostly Sunny Most Of The Day Mostly Seasonable & Mostly Sunny Most Of The Day
- October 27, 2017

High pressure will strengthen Friday into the weekend with patchy morning fog, mainly sunny skies and highs in the mid 50s to low 60s. Today: Mostly to Partly Cloudy, AM Showers (60%), Windy. It in the low-50s for highs on Monday , Tuesday, Wednesday and Thursday and there's a chance of rain each day. Winds will be out of the northeast at 5-10 miles per hour and there will be a 20-30 percent chance of scattered showers through the day. (more...)
Cliffs Inc. (NYSE:CLF): Financial Health and Analyst Ratings
- October 27, 2017

In addition, the Company operates an iron ore mining complex in Western Australia. The percentage of shares being held by the company management was 0.09% while institutional stake was 81.3%. The company beat the analyst EPS Estimate with the difference of $0.11. During the same quarter in the previous year, the business earned ($0.11) EPS. (more...)
Uber hires new British operations head
- October 27, 2017

Ms Powers-Freeling is a graduate of Columbia University and MIT. The world's most valuable taxi-hailing app and probably the most controversial has hired former Bank of England adviser Laurel Powers-Freeling as the new chair of its United Kingdom operations as it bids to keep operating in London. (more...)
Shares in Hecla Mining Company (HL) Acquired by Cubist Systematic Strategies LLC
- October 27, 2017

Finally, Zacks Investment Research lowered shares of Hecla Mining from a "hold" rating to a "sell" rating in a research report on Wednesday, July 12th. Express, Inc. (EXPR) remained successful in beating the consensus-estimated -$0.01 as it actually earned $0.01 per share in its last reported financial results. (more...)
Echo Global Logistics, Inc. (NASDAQ:ECHO) To Report Earnings
- October 27, 2017

JPMorgan Chase & Co. reaffirmed a "buy" rating and issued a $31.00 price objective on shares of Echo Global Logistics in a report on Friday, July 29th. 14,100 are held by Sector Pension Invest Board. (NASDAQ: ECHO ). American Grp owns 20,632 shares. Us Bankshares De owns 4,162 shares or 0% of their US portfolio. (more...)
NextEra beats 3Q profit forecasts NextEra beats 3Q profit forecasts
- October 27, 2017

The stock rose 0.31% or $0.48 reaching $154.4. About 556,885 shares traded. $756,065 worth of NextEra Energy Inc (NYSE: NEE ) was sold by Pimentel Armando Jr. Ci Investments Inc decreased Royal Dutch Shell Plc stake by 415,223 shares to 344,818 valued at $18.34 million in 2017Q2. It's commonly accepted that a Book to Market ratio greater than one indicates that the shares might be undervalued. (more...)
MGM Resorts International (MGM) Insider Trading: MCMANUS JOHN sold 902 Shares
- October 27, 2017

MGM Resorts International (NYSE:MGM) has seen its stock price gain 2.14, or +7.42%, so far in 2017. Morgan Stanley set a $34.00 price objective on MGM Resorts International and gave the company a buy rating in a research report on Friday, October 13th. (more...)
Targa Resources Corp. (NYSE:TRGP) Analyzing Financial Health
- October 27, 2017

About 17.45 million shares traded or 4.43% up from the average. It has outperformed by 40.63% the S&P500. (The) raised shares of Targa Resources from a "neutral" rating to a "buy" rating and raised their target price for the company from $41.00 to $52.00 in a research note on Monday, September 19th. (more...)
Eldorado Gold Corp (ELD) Downgraded to Underperform at Royal Bank Of Canada
- October 27, 2017

Why to Observe Volume of Eldorado Gold Corporation ( EGO)? Paradigm Research has "Buy" rating and $7 target. While considering growth estimates of the company, it has next quarter growth estimates of 100% whereas during current quarter it has -80% estimations over growth, comparing to the estimations of -42.9% during current year and 225% for next year. (more...)
National Bank Financial Analysts Reduce Earnings Estimates for Aecon Group Inc (ARE) National Bank Financial Analysts Reduce Earnings Estimates for Aecon Group Inc (ARE)
- October 27, 2017

China's CCCC International Holding Ltd will buy Canadian construction company Aecon Group for C$1.51 billion ($1.18 billion), including debt, in a deal that would require Canadian government approval, Reuters reports. If you are viewing this piece on another site, it was copied illegally and republished in violation of USA & worldwide copyright & trademark law. Investors of record on Friday, September 22nd were issued a dividend of $0.125 per share. (more...)
VW lifts profit guidance after forecast-beating third quarter
- October 27, 2017

VW reported an operating profit of 1.72 billion euros for the third quarter - down by 48 percent compared with a year ago - but well ahead of market expectations of 1.49 billion euros. The costs of fixing 2-liter cars caught up in the scandal were proving "technically more demanding than anticipated", VW said. "The strength is enormous", Schwope added. (more...)
Subaru says improper inspections conducted for Japan cars Subaru says improper inspections conducted for Japan cars
- October 27, 2017

The Nikkei business daily reported earlier that Subaru had yet to determine whether a recall, which could affect 300,000 vehicles, would be necessary. The ministry requires certified technicians to sign off on paperwork for final inspections for vehicles produced in Japan for the domestic market. Two other auto companies, Toyota and Honda Motor, have told the ministry that they found no problems with their inspection procedures. (more...)
Public Storage (PSA) Posts Quarterly Earnings Results, Beats Estimates By $0.46 EPS
- October 27, 2017

Northwestern Mutual Wealth Management Co. lifted its holdings in Public Storage by 15.3% during the second quarter. The stock has dropped 1 percent in the last 12 months. What Historical Figures Say About Public Storage ( NYSE: PSA)? Public Storage has $275 highest and $184.0 lowest target. The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $36.56B. (more...)
Malaysia's Najib unveils expansionary budget as polls loom Malaysia's Najib unveils expansionary budget as polls loom
- October 27, 2017

Najib, whose term ends in June, is under pressure to win over voters upset with rising soaring costs and a corruption scandal at state fund 1Malaysia Development Berhad (1MDB). The government expects an average palm oil price of 2,700 ringgit ($638) per tonne this year. He has denied any wrongdoing. Despite increased spending, the fiscal deficit is seen narrowing to 2.8% of gross domestic product in 2018 from 3.0% this year. (more...)
Expedia, Inc. (NASDAQ:EXPE) To Report Earnings Expedia, Inc. (NASDAQ:EXPE) To Report Earnings
- October 27, 2017

First Allied Advisory Services Inc. boosted its stake in shares of Expedia by 1.3% in the second quarter. Schwab Charles Management reported 0.06% in Expedia Inc (NASDAQ: EXPE ). Therefore 89% are positive. SunTrust maintained the shares of EXPE in report on Wednesday, October 4 with "Buy" rating. As per Wednesday, January 27, the company rating was initiated by HSBC. (more...)
IAG overcomes bad weather and terror to report increase in profits
- October 27, 2017

Non-fuel unit costs at IAG before exceptional items for the quarter were down 1.7 per cent, but up 2.5 per cent at constant currency. Pre-tax profits in the nine months to September were up 21.7pc to €1.8bn, while revenues rose 1.3pc to €17.5bn. (more...)
Investors' Attention Alert: Vodafone Group Plc (VOD), HDFC Bank Limited (HDB) Investors' Attention Alert: Vodafone Group Plc (VOD), HDFC Bank Limited (HDB)
- October 27, 2017

The company's 3-months average volume stands at 2.53 million. Shares are clocking price at $28.75 with change of -0.10%. The RSI oscillates between zero and 100. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. (more...)

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