Business


Reserve Bank of New Zealand holds at 1.75% as expected Reserve Bank of New Zealand holds at 1.75% as expected
- August 10, 2017

Global economic growth has become more broad-based in recent quarters, but inflation and wage outcomes remain subdued across the advanced economies, and challenges remain with on-going surplus capacity, Reserve Bank of New Zealand governor Graeme Wheeler said in a statement. (more...)
IAMGOLD Corp (IMG) Given Average Recommendation of "Buy" by Brokerages
- August 10, 2017

The company reported the earnings of $0.01/Share in the last quarter where the estimated EPS by analysts was $-0.02/share. The business had revenue of $260.50 million during the quarter, compared to analysts' expectations of $264.54 million. (more...)
North Korea tensions drag down stocks but boost gold North Korea tensions drag down stocks but boost gold
- August 10, 2017

Were the situation to escalate, much more than the stock markets would be at risk. The US president's comments, following reports that Pyongyang may may have the technology to hit American territory with a missile strike , led to the biggest one-day rally in the franc against the euro in more than a year. (more...)
EnLink Midstream, LLC (ENLC) Receives Hold Rating from Barclays PLC EnLink Midstream, LLC (ENLC) Receives Hold Rating from Barclays PLC
- August 10, 2017

The rating was downgraded by Robert W. Baird on Monday, August 17 to "Neutral". As per Tuesday, June 28, the company rating was upgraded by Robert W. Baird. On Tuesday, May 16th, Arclight Capital Partners, Llc sold 29,392 shares of Enable Midstream Partners, stock. Its up 0.17, from 1.32 in 2016Q3. It worsened, as 22 investors sold EQM shares while 55 reduced holdings. (more...)
Iran outclass India in FIBA Asia Cup basketball tournament opener Iran outclass India in FIBA Asia Cup basketball tournament opener
- August 10, 2017

China has always been the standard in Asian basketball. Prior to the game, Gilas has suffered major heartbreaks against the Koreans - from the 2002 Asian Games to the aforementioned 2011 Fiba Asia Championship . To win in the region, you must go through China . China triumphed 78-67 to win their record 16th title two years ago, but found themselves on the backfoot in the opening half of the rematch in the Nouhad Nawfal Sports Complex in Beirut. (more...)
United States claims to speak with one voice on N. Korea United States claims to speak with one voice on N. Korea
- August 10, 2017

Investors had rushed to safe-haven assets after strongly worded exchanges between Washington and nuclear-armed North Korea late on Tuesday. "The market's reaction is an assessment of the geopolitics, also of liquidity", said Mr Ken Peng, a Hong Kong-based investment strategist with Citi Private Bank. (more...)
Coca-Cola Company (The) (KO) Short Interest Down 16.8% in June Coca-Cola Company (The) (KO) Short Interest Down 16.8% in June
- August 10, 2017

Monetary Management Group Inc. now owns 11,025 shares of the company's stock valued at $457,000 after buying an additional 600 shares during the period. Investors of record on Friday, September 15th will be paid a $0.37 dividend. Motco stated it has 0.43% of its portfolio in The Coca-Cola Co (NYSE:KO). (more...)
UK House Price Growth Weakest in Over Four Years-RICS UK House Price Growth Weakest in Over Four Years-RICS
- August 10, 2017

The group's UK Residential Market Survey is regarded as the best lead indicator for house prices. He said: Sales activity in the housing market has been slipping in the recent months and the most worrying aspect of the latest survey is the suggestion that this could continue for some time to come. (more...)
Markets are under pressure as US-North Korea tension rises Markets are under pressure as US-North Korea tension rises
- August 10, 2017

The Nikkei was down 1.6 percent after North Korea said on Wednesday it is "carefully examining" plans for a missile strike on the U.S. Pacific territory of Guam, just hours after U.S. Considerable weakness is also visible among tobacco stocks, as reflected by the 1.1% drop by the NYSE Arca Tobacco Index. Depomed (DEPO) posted a particularly steep loss after lowering its full-year guidance. (more...)
Japan says time for Japan says time for "effective pressure" on North Korea, not dialogue
- August 10, 2017

The culmination came on August 7 when he let fly in a meeting with newly appointed Japanese Foreign Minister Taro Kono, saying he was "disappointed" with Kono's expression of concern over China's attempts to build a base in the South China Sea. (more...)
Toshiba moves closer to avoiding delisting Toshiba moves closer to avoiding delisting
- August 10, 2017

There had been growing worries that Toshiba might not make Thursday's deadline to supply financial statements for the year ending March as it had been at odds with auditors over multi-billion-dollar losses at Westinghouse. Reporting negative net worth - liabilities exceeding assets - for the second year running would likely prompt a delisting from the Tokyo Stock Exchange. (more...)
Lower Open Called For China Stock Market
- August 10, 2017

Trump followed his warning with a tweet on Wednesday about the strength of the American nuclear arsenal, but expressed hope it would not need to be used. USA stocks declined across the board on Tuesday, with the Dow Jones Industrial Average (NYSEARCA:DIA) snapping a ten-day winning streak. US trading volume has been low with summer setting in and Congress expected to be in recess until September 5. (more...)
Barclays PLC (LON:BARC) Receives Buy Rating from Shore Capital Barclays PLC (LON:BARC) Receives Buy Rating from Shore Capital
- August 10, 2017

Capital Insight Partners LLC lowered its stake in shares of Unilever PLC (NYSE:UL) by 18.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Astrazeneca PLC's quarterly revenue was down 9.9% compared to the same quarter previous year. Among 31 analysts covering AstraZeneca PLC ( LON:AZN ), 16 have Buy rating , 3 Sell and 12 Hold. (more...)
Bank of India swings to profit on write-offs, recoveries
- August 10, 2017

Recovery in the quarter improved to Rs 1,360 crore from Rs 970 crore in the year-ago period. Dinabandhu Mohapatra, managing director and chief executive officer, BoI, told reporters in a press conference, "Write-off is not a large number". (more...)
Starbucks Corporation (NASDAQ:SBUX) Earns Coverage Optimism Rating of 0.12 Starbucks Corporation (NASDAQ:SBUX) Earns Coverage Optimism Rating of 0.12
- August 10, 2017

Regent Investment Management LLC boosted its stake in shares of Starbucks Corporation by 6.8% in the second quarter. The volume of the particular stock is the shares bought and sold in a single trading day. TRADEMARK VIOLATION NOTICE: This article was reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & global copyright legislation. (more...)
What Is Insider Trading Activity Like At Fossil Group, Inc. (FOSL)? What Is Insider Trading Activity Like At Fossil Group, Inc. (FOSL)?
- August 10, 2017

Finally, Telsey Advisory Group cut their price target on shares of Fossil Group from $23.00 to $16.00 and set a "market perform" rating on the stock in a report on Wednesday, May 10th. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & global copyright legislation. FOSL's value Change from Open was at -3.36% with a Gap of -0.43%. (more...)
Dean Foods Company (DF) Downgraded to Equal Weight at Stephens Dean Foods Company (DF) Downgraded to Equal Weight at Stephens
- August 10, 2017

The company was downgraded on Thursday, January 19 by Bernstein. The firm earned "Hold" rating on Tuesday, June 13 by BMO Capital Markets. 03/17/2017 - Dean Foods Company was upgraded to " by analysts at JP Morgan. The Firm processes and distributes fluid milk, and other dairy and dairy case products in the United States. It has a 20.29 P/E ratio. It is involved in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. (more...)
Are Analysts Bullish United Utilities Group PLC (LON:UU) After Last Week? Are Analysts Bullish United Utilities Group PLC (LON:UU) After Last Week?
- August 10, 2017

The stock has "Buy" rating by Argus Research on Thursday, March 17. The rating was maintained by Deutsche Bank on Tuesday, February 16 with "Buy". The firm has "Buy" rating given on Thursday, October 27 by Sandler O'Neill. Moreover, Price T Rowe Assocs Md has 0% invested in IMI plc (LON:IMI). (NYSE:T). Weaver C Barksdale And reported 22,213 shares. Geode Cap Mngmt Lc holds 0% or 78,531 shares. (more...)
Hays plc (LON:HAS) Receives Consensus Rating of Hays plc (LON:HAS) Receives Consensus Rating of "Hold" from Analysts
- August 10, 2017

It has outperformed by 11.76% the S&P500. Shares of Workspace Group plc ( LON:WKP ) opened at 893.50 on Thursday. Macquarie's price objective would indicate a potential downside of 0.51% from the stock's previous close. GBX 455.69's average target is -8.44% below currents GBX 497.7 stock price. Hunting PLC had 127 analyst reports since July 23, 2015 according to SRatingsIntel. (more...)
Bonfire youths go on the rampage Bonfire youths go on the rampage
- August 10, 2017

Sinn Féin's Stormont leader Michelle O'Neill has denied her party's drive within the council to take action against risky bonfires - a proposal to allow the seizure of material was cleared last week - had stirred tensions among the young people who build them. (more...)
Walmart apologizes for display marketing firearms as back-to-school items Walmart apologizes for display marketing firearms as back-to-school items
- August 10, 2017

We removed the sign as soon as we found out about it". Walmart swiftly condemned the display as "truly awful " and "horrible " and said on Wednesday that it was working to discover which stores had put up the exhibit. However, people who viewed the picture found it in very bad taste, given the United States' history of mass shootings at schools, such as Sandy Hook and Columbine . (more...)
Amazon.com, Inc. (NASDAQ:AMZN) Receives Buy Rating from JMP Securities
- August 10, 2017

Signature Estate & Investment Advisors Llc, which manages about $720.72M US Long portfolio, decreased its stake in Rydex Etf Trust (RPG) by 7,553 shares to 783,682 shares, valued at $65.49M in 2016Q4, according to the filing. In other Amazon.com news, CEO Jeffrey A. Wilke sold 710 shares of the company's stock in a transaction that occurred on Friday, August 4th. Olsavsky Brian T sold 1,512 shares worth $1.27 million. (more...)
Cooper Tire & Rubber Company (NYSE:CTB) Shares Dip Under Moving Averages
- August 10, 2017

It has underperformed by 9.20% the S&P500. Neuburgh Advisers LLC acquired a new stake in shares of Cooper Tire & Rubber during the first quarter worth $136,000. The bonds-"City of Texarkana, Arkansas, Taxable Industrial Development Revenue Bonds (Cooper Tire & Rubber Company Project), Series 2017"-will bear interest at 5 percent annually and will mature in 2047, according to the city's ordinance authorizing the bond issuance". (more...)
Virgin Australia begins Wi-Fi rollout Virgin Australia begins Wi-Fi rollout
- August 10, 2017

Both have embraced inflight internet on all key routes, although with different technical and pricing models, with Virgin dropping a further item of clothing in its dance of the veils so to speak today by promising full global and mainline 737 jet domestic jet services in the near future. (more...)
Commonwealth Bank scraps CEO bonus over alleged money-laundering breaches Commonwealth Bank scraps CEO bonus over alleged money-laundering breaches
- August 10, 2017

The bank will issue a final dividend of $2.30 per share, giving a full-year fully-franked dividend of $4.29. The board this week made a decision to ax short-term incentives for Mr. "Headline indicators show that the Australian economy remains sound overall, albeit variable", Mr Narev said. It alleged that the bank had committed nearly 54,000 breaches of the law by failing to report suspicious transactions on time. (more...)
Intel Is Seriously Upping Its Self-Driving Car Game Intel Is Seriously Upping Its Self-Driving Car Game
- August 10, 2017

The goal is to have 100 test vehicles featuring SAE Level 4 capabilities - meaning 100% self-driving - with some vehicles out on the road by the end of 2018. It's also a different direction for Mobileye, which had a public spat with Tesla previous year. Amnon Shashua, who will be appointed Intel senior VP and Mobileye CTO. (more...)
Vantiv seals €10.3bn deal to buy digital rival Worldpay Vantiv seals €10.3bn deal to buy digital rival Worldpay
- August 10, 2017

The combined company will have a secondary listing on the London stock market, but will have its primary listing in NY. Cincinnati, will become the combined company's global and corporate headquarters and London will become its worldwide headquarters. (more...)
Tesla Set to Raise $1.5 Billion for Model 3 Production Tesla Set to Raise $1.5 Billion for Model 3 Production
- August 10, 2017

They had already accounted for a $ 2 billion debt raise in their estimates for the second half of the year, so they're leaving them the same, along with their Underperform rating and $155 price objective. On average, analysts expect that Tesla will post ($6.23) EPS for the current year. COPYRIGHT VIOLATION NOTICE: This news story was first published by Chaffey Breeze and is the property of of Chaffey Breeze. (more...)
Krispy Kreme Original Glaze Goes Chocolate Krispy Kreme Original Glaze Goes Chocolate
- August 10, 2017

The doughnut will be made by covering the classic original glazed doughnut in a chocolate glaze. While you will have to wait until August 21 for the eclipse, the donut chain will be testing the chocolate glazed donuts the evenings of August 19 and 20, the weekend before the eclipse - just look for the "Hot Light". (more...)
Houston Family's Dog Dies in United Airlines Plane Cargo Hold Houston Family's Dog Dies in United Airlines Plane Cargo Hold
- August 10, 2017

Over 300 animals have died in cargo holds on USA airlines since 2005. "We are so sorry to learn of Lulu's passing and have reached out to our customer to offer our condolences and assistance". On Facebook, the family said it is suffering. In 2012, supermodel Maggie Rizer wrote a blog post accusing the carrier of negligence in the death of her 2-year-old golden retriever. (more...)