Business


Big three Aussie banks build Apple Pay rival Big three Aussie banks build Apple Pay rival
- October 31, 2017

Three of Australia's biggest banks are putting their differences aside to collaborate on the next generation of mobile payments and wallets in Australia. "Two thirds of small businesses say they are owed money for completed work, with around $7,300 owed to small traders". Commonwealth Bank will conduct user testing using a Beem prototype before the app is launched across iOS and Android smartphones this year. (more...)
Profits at Ryanair advance by 11% to €1.3bn
- October 31, 2017

Ryanair has seen a sharp fall in its share price since the cancellations crisis and has apologised to customer affected. Meanwhile, Ryanair said it was responding to the opportunities created by the collapse of rivals such as Monarch, Air Berlin and Alitalia in the over-crowded European airline market and believed other "financially troubled" EU airlines would follow them. (more...)
Pivotal Research Begins Coverage on International Business Machines Corporation (IBM)
- October 31, 2017

Lincoln Natl reported 0.08% of its portfolio in International Business Machines Corp. The rating was maintained by Barclays Capital with "Underweight" on Tuesday, July 19. Therefore 30% are positive. Ares Capital had 21 analyst reports since August 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of IBM in report on Wednesday, August 30 with "Hold" rating. (more...)
BARING ASSET MANAGEMENT Ltd Boosts Holdings in Tyson Foods, Inc
- October 31, 2017

Several firms have shifted positions in ( TSN ). Stoneridge Investment Partners Llc increased its stake in Tyson Foods Inc Cl A (TSN) by 70.17% based on its latest 2017Q2 regulatory filing with the SEC. The company has a 50 day moving average price of $68.87 and a 200 day moving average price of $63.82. Over the past twelve months, Tyson Foods, Inc. The stock has a market capitalization of $26.21 billion, a price-to-earnings ratio of 15.06 and a beta of 0.27. (more...)
Host Hotels & Resorts, Inc. (HST) Set to Announce Quarterly Earnings on Tuesday
- October 31, 2017

Park National Corp OH boosted its position in shares of Host Hotels & Resorts by 0.7% in the second quarter. The firm is scheduled to announce its next quarterly earnings report after the market closes on Wednesday, November 1st. Shares of Host Hotels & Resorts (NYSE: HST ) traded down 1.87% during trading on Monday, reaching $19.46. The company has a 50-day moving average of $18.75 and a 200 day moving average of $18.38. (more...)
Samsung Nominates CFO as Next Chairman, Replaces Division Heads
- October 31, 2017

Samsung , the world's largest maker of smartphones, has continued its record-breaking earnings streak thanks to a global boom in memory chips, even as its de facto chief was sentenced to five years in prison on a conviction for bribery. That is almost twice as large as Samsung's last year's capital spending of 25.5 trillion won. Such aggressive investment has stoked concerns that its increased supplies may drive down prices and eventually dent the firm's own profits in subsequent quarters. (more...)
Davidson Investment Advisors Boosted Chevron Corp (CVX) Holding Davidson Investment Advisors Boosted Chevron Corp (CVX) Holding
- October 31, 2017

It has underperformed by 10.02% the S&P500. Wedgewood Partners Inc decreased Visa (V) stake by 22.29% reported in 2017Q2 SEC filing. BlackRock Inc. now owns 124,678,992 shares of the oil and gas company's stock valued at $13,007,759,000 after buying an additional 1,975,865 shares in the last quarter . (more...)
Oasis Petroleum Inc. (NYSE:OAS) Holdings Lifted by Vanguard Group Inc
- October 31, 2017

Jefferies Group reaffirmed a "buy" rating and issued a $13.00 price objective on shares of Oasis Petroleum in a research note on Thursday, August 4th. Also, VP Nickolas J. Lorentzatos sold 10,985 shares of the firm's stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of $11.56, for a total transaction of $34,399,092.00. (more...)
At least NINE dead - Police desperately search cool boxes for dismembered bodies At least NINE dead - Police desperately search cool boxes for dismembered bodies
- October 31, 2017

The suspect was originally arrested on suspicion of discarding a corpse, police said. The body parts, including heads, found inside cold-storage containers, apparently belonged to eight women and one man. An investigation was launched after the woman's older brother reported her missing to the Takao Police Station in western Tokyo on October 24, saying he had not been able to contact her since October 21. (more...)
Brokerages Set Anthem, Inc. (ANTM) Price Target at $190.19
- October 31, 2017

Anthem, Inc. (NYSE: ANTM ) continues to be a formidable company. The shares were sold at an average price of $190.63, for a total value of $4,027,058.75. During the same quarter a year ago, the firm posted $2.45 earnings per share. Guardian Life Insurance Co. of America increased its position in Anthem by 0.7% in the first quarter. (more...)
Trend Analysis Report: Viacom, Inc. (VIAB)
- October 31, 2017

In taking a look at some key indicators for Viacom, Inc. Viacom, Inc.'s average Free Cash Flow per Share Growth Rate was -7.1 percent during the past 12 months. Many analysts have provided their estimated foresights on Viacom, Inc. Wells Fargo & Company downgraded shares of Viacom from an "outperform" rating to a "market perform" rating in a report on Tuesday, September 5th. (more...)
Stocks Analysis - Noble Energy, Inc. (NYSE:NBL) Stocks Analysis - Noble Energy, Inc. (NYSE:NBL)
- October 31, 2017

It has underperformed by 27.06% the S&P500. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation, nineteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. (more...)
SBI Extends Rs 2317 Crore For 43 Solar Power Projects SBI Extends Rs 2317 Crore For 43 Solar Power Projects
- October 31, 2017

SBI Chairman Rajnish Kumar said players in the renewable energy space can avail loans for establishing grid connected rooftop solar projects at the bank's marginal cost of funds based lending rate plus 15 basis points. Sanction letters have been handed out to JSW Energy , Hinduja Renewable Energy, Azure Energy, Adani Group and Hero Solar Energy. The agreement was signed in September 2016 under which SBI was to use the line of credit in five years. (more...)
Cabot Oil & Gas Corporation (COG) Short Interest Update Cabot Oil & Gas Corporation (COG) Short Interest Update
- October 31, 2017

In the past 5 years, the stock showed growth of -9.2% per annum. Institutional investors now hold around $12.08 billion or 98.4% in COG stock. According to these analysts, the Low Revenue Estimate for Cabot Oil & Gas Corporation is 386 Million and the High Revenue Estimate is 431.31 Million. (more...)
Scotiabank Raises Encana Corporation (ECA) Price Target to $13.00
- October 31, 2017

Cormark analyst A. Arif now anticipates that the oil and gas company will post earnings of $0.11 per share for the quarter, down from their prior estimate of $0.13. The stock increased 0.36% or $0.04 during the last trading session, reaching $11.28. The firm has a market capitalization of $11.02 billion, a PE ratio of 13.498 and a beta of 2.11. (more...)
Fisherman hooks human remains in Lincoln Park lagoon Fisherman hooks human remains in Lincoln Park lagoon
- October 31, 2017

Members of the police Marine Unit responded and later discovered a second duffle bag with additional remains, police said. Police said they believe the remains in both bags were from the same person. Elgin and Chicago police are working together on the possibility that the body is Peck, but additional testing will be conducted before a connection can be confirmed. (more...)
Retail Properties of America, Inc. Stock Sees The Needle Move -3.20% Retail Properties of America, Inc. Stock Sees The Needle Move -3.20%
- October 31, 2017

Several other institutional investors and hedge funds have also recently modified their holdings of RPAI. About 1.84 million shares traded or 14.29% up from the average. Over the past 50 days, Black Stone Minerals, L.P. stock's -0.46% off of the high and 10.19% removed from the low. National Retail Properties has a one year low of $36.45 and a one year high of $46.34. (more...)
Saratoga Investment Corp (SAR) Upgraded by Zacks Investment Research to "Strong-Buy"
- October 31, 2017

What Historical Figures Say About Bank of America Corporation ( NYSE: BAC)? It has outperformed by 41.94% the S&P500. Among 11 analysts covering Tenneco Inc ( NYSE:TEN ), 6 have Buy rating, 0 Sell and 5 Hold. Oxbow Llc has invested 0.33% of its portfolio in Bank of America Corp (NYSE: BAC ). 30,407 are held by Triangle Wealth Management. Creative Planning reported 0.2% stake. (more...)
RDG launches 'single plan' for railway with unions, operators and businesses
- October 31, 2017

As part of the investment, 5,700 new carriages will be in use by 2021, while there will be 100,000 job opportunities and 20,000 new apprenticeships by 2020. This plan will accelerate change and deliver further investment and improvements bringing more improvements for passengers, communities and businesses across Britain now and in the long term'. (more...)
Kinder Morgan, Inc. (KMI) Stock Rating Reaffirmed by Mizuho
- October 31, 2017

It has underperformed by 3.61% the S&P500. Eagle Global Advisors Llc, which manages about $3.60 billion and $3.50B US Long portfolio, decreased its stake in Magellan Midstream Prtnrs Lp (NYSE:MMP) by 64,388 shares to 2.07M shares, valued at $147.84 million in 2017Q2, according to the filing. (more...)
Colgate-Palmolive Meets 3Q17 Earnings Estimate, Challenges Ahead Colgate-Palmolive Meets 3Q17 Earnings Estimate, Challenges Ahead
- October 31, 2017

KeyCorp reiterated a "hold" rating on shares of Colgate-Palmolive in a report on Monday, October 16th. Zacks Investment Research lowered shares of Colgate-Palmolive from a "buy" rating to a "hold" rating in a report on Tuesday, October 17th. (more...)
Footage captures heart-stopping moment plane is forced to abort landing
- October 31, 2017

When you approach the runway a few meters to the ground, the aircraft encountered a strong gust of crosswind and sharply leaned to the right, almost hitting the wing on the ground. The Polish-run Enter Air flight could be seen jolting around in the air and bumping the ground before taking off immediately after. The KLM Boeing 777 jet was buffeted by heavy winds as it came in to land at Amsterdam's Schiphol airport. (more...)
2 adults, 1 teen found dead in home in NW Wisconsin 2 adults, 1 teen found dead in home in NW Wisconsin
- October 31, 2017

Authorities in northwestern Wisconsin say the deaths of two adults and a teenager at a home in Chetek are being treated as a murder-suicide. The sheriff's office is still investigating, but they say there is no threat to the public. There were no other reports of gunshots in the area at the time and it was only the phone call for help that alerted police. Fitzgerald said that foul play was involved, "but it's contained inside the residence". (more...)
Featured Stock to Focus: The Coca-Cola Company (KO) Featured Stock to Focus: The Coca-Cola Company (KO)
- October 31, 2017

It has underperformed by 17.65% the S&P500. The collective rating of 2.9 for AutoNation, Inc. Needle moving action has been spotted in 58.Com Inc (WUBA) as shares are moving today on volatility 2.27% or $1.43 from the open. (NYSE:CCE), 10 have Buy rating, 2 Sell and 12 Hold. Therefore 43% are positive. Among 24 analysts covering Coca-Cola Enterprises Inc. The firm has "Neutral" rating by Macquarie Research given on Friday, September 15. (more...)
The Gilead Sciences Inc. (GILD) Upgrade to Outperform at BMO Capital Markets
- October 31, 2017

Marshall Wace Ltd Liability Partnership stated it has 0.51% of its portfolio in Gilead Sciences, Inc . Finally, Parnassus Investments CA grew its position in Gilead Sciences by 37.4% in the 1st quarter. At current levels, shares have been seen trading 3.29% away from the 20-day moving average. The company P/E (price to earnings) ratio is 8.37 and Forward P/E ratio is 10.82. (more...)
Analysts See $0.44 EPS for Aqua America Inc (WTR)
- October 30, 2017

About 2.91M shares traded or 29.33% up from the average. (NYSE:BLK) has risen 12.19% since October 30, 2016 and is uptrending. It has outperformed by 31.14% the S&P500. Let's also take a brief look at the stock price in relation to some highs/lows and moving averages. On Wednesday, September 7 the stock rating was maintained by Jefferies with "Hold". (more...)
Long term Growth Analysis of Newmont Mining Corporation (NYSE:NEM) Long term Growth Analysis of Newmont Mining Corporation (NYSE:NEM)
- October 31, 2017

The firm's market cap is $19.09 billion. About 4.97 million shares traded or 82.05% up from the average. Golar LNG Limited (USA) (NASDAQ:GLNG) has risen 61.34% since October 30, 2016 and is uptrending. Its up 0.90, from 0.6 in 2017Q1. Toronto Dominion Bank's holdings in Newmont Mining Corporation were worth $6,022,000 at the end of the most recent reporting period. (more...)
Diamond Offshore Drilling posts 3Q profit
- October 30, 2017

Edward Grebow holds 7,000 (0.0051% of shares outstanding) and Mr. Lawrence R. Dickerson holds 5,000 (0.0036% of shares outstanding). Diamond Offshore Drilling had a return on equity of 5.77% and a net margin of 11.19%. They expect $0.19 EPS, up 47.37% or $0.09 from last year's $0.1 per share. TRADEMARK VIOLATION NOTICE: This story was first posted by Week Herald and is the property of of Week Herald. (more...)
Brixmor Property Group Inc. Earnings Ahead: Quick Glance
- October 30, 2017

About 3.17 million shares traded or 9.31% up from the average. Cohen & Steers Inc is the second biggest holder with 17 million shares now valued at 327.27 million whilst J.P. The stock of Brixmor Property Group Inc (NYSE:BRX) earned "Hold" rating by BMO Capital Markets on Monday, September 11. On Tuesday, September 12 the stock rating was upgraded by Boenning & Scattergood to "Buy". (more...)
Brokerages Set Jacobs Engineering Group Inc. (JEC) PT at $62.38
- October 30, 2017

The ERP5 of Jacobs Engineering Group Inc. It has underperformed by 2.61% the S&P500. Management has 6,020 shares for 0.59% of their portfolio. The stock decreased 0.62% or $0.74 on October 27, reaching $117.93. It also reduced its holding in Nextera Energy Inc (NYSE:NEE) by 4,492 shares in the quarter, leaving it with 65,785 shares, and cut its stake in Shire Plc (NASDAQ:SHPG). (more...)