Business


Somerville Kurt F Increases Stake in Rockwell Automation, Inc. (ROK) Somerville Kurt F Increases Stake in Rockwell Automation, Inc. (ROK)
- October 31, 2017

Following the completion of the transaction, the vice president now owns 32,091 shares of the company's stock, valued at approximately $3,824,284.47. Institutional investors and hedge funds own 73.99% of the company's stock. Nomura initiated Rockwell Automation (NYSE:ROK) on Friday, September 18 with "Neutral" rating. Among 4 analysts covering Ameresco ( NYSE:AMRC ), 3 have Buy rating, 0 Sell and 1 Hold. (more...)
Insider Trading in Focus: Becton, Dickinson and Company (BDX)
- October 31, 2017

It has outperformed by 426.35% the S&P500. Over the past 50 days, Becton, Dickinson and Company stock's -2.83% off of the high and 8.94% removed from the low. Jefferies maintained it with "Buy" rating and $200 target in Thursday, March 30 report. The stock presently has an average rating of "Buy" and a consensus price target of $205.14. (more...)
The Altria Group (MO) Lowered by Vetr Inc. to Hold
- October 31, 2017

Sterling Investment Advisors Ltd. raised its position in Altria Group by 133.3% during the first quarter. The company now has an insider ownership of 0.1 Percent and Institutional ownership of 62.8 Percent. Ecopetrol S.A.is an oil company. EBITDA margin is an indicator of a company's operating profitability as a percentage of its overall revenue. The Company's divisions include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. (more...)
Soy Growers Respond to FDA Action on Heart Health Claim Soy Growers Respond to FDA Action on Heart Health Claim
- October 31, 2017

In a statement released Monday, Oct. 30, the agency said that studies published since it green-lighted health claims for soy protein in 1999 had shown inconsistent findings. But the soy protein-heart disease link has proved more tenuous as more data has come in over the years. What is a health claim? The FDA has authorized 12 health claims related to packaged foods to date. (more...)
The Interpublic Group of Companies, Inc. (NYSE: IPG)
- October 31, 2017

Moreover, Exane Derivatives has 0% invested in Interpublic Group of Companies Inc (NYSE: IPG ) for 5,634 shares. (The) from a hold rating to a buy rating and set a $24.00 price target on the stock in a report on Monday, August 14th. BMO Capital Markets has "Buy" rating and $2700 target. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & worldwide copyright law. (more...)
Beaufort Securities Reaffirms Beaufort Securities Reaffirms "Buy" Rating for Bodycote PLC (BOY)
- October 31, 2017

The Firm owns an interest in OJSC Oil Company Rosneft, an gas and oil company. It has a 21.18 P/E ratio. The Bank focuses on commercial banking industry. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, January 8 report. The company has market cap of 2.92 billion GBP. The Firm is focused on essential products that connect and inform business professionals. (more...)
Mondelez International, Inc. (MDLZ) Hits a New 52-Week Low
- October 31, 2017

Other hedge funds and other institutional investors have also made changes to their positions in the company. Proficio Capital Partners LLC increased its stake in Mondelez International by 637.3% in the 1st quarter. The ex-dividend date of this dividend was Thursday, September 28th. This is a positive change from Mondelez International's previous quarterly dividend of $0.19. (more...)
Frontier Communications Corporation (NASDAQ:FTR) Downgraded by BidaskClub Frontier Communications Corporation (NASDAQ:FTR) Downgraded by BidaskClub
- October 31, 2017

The average analysts gave this company a mean recommendation of 2.90. Bollard Group LLC lifted its holdings in Frontier Communications Corporation by 3.3% during the second quarter. In 2Q17, Frontier reported total revenue of $2.3 billion, a fall of ~11.7% on a YoY basis and almost $10 million below analysts' consensus estimate of $2.31 billion. (more...)
Shopify Inc. (NYSE:SHOP) Shopify Inc. (NYSE:SHOP)
- October 31, 2017

The firm is scheduled to issue its next earnings results before the market opens on Wednesday, November 1st. The average estimate of 16 analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. On October 27 the stock rating was upgraded to "Buy" from "Buy" in an announcement from Monness Crespi Hardt. Shopify has a consensus rating of "Buy" and an average price target of $99.03. (more...)
(JPM) Holdings Down in Latest Report from Korea Investment Corp (JPM) Holdings Down in Latest Report from Korea Investment Corp
- October 31, 2017

The stock closed the last trade at $101.41. The Goodyear Tire & Rubber Company (NASDAQ:GT) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Penobscot Invest Management Com accumulated 8,400 shares. Dreman Value Management L L C reported 5,559 shares. Metropolitan Life Insurance Com holds 0.05% of its portfolio in SEI Investments Company (NASDAQ:SEIC) for 131,433 shares. (more...)
Express Scripts Holding Company (ESRX) Shares Sold by WINTON GROUP Ltd
- October 31, 2017

The stock decreased 4.08% or $0.18 during the last trading session, reaching $4.23. About shares traded. BofI Holding, Inc. About shares traded. Total SA (ADR) (NYSE:TOT) has risen 13.67% since October 31, 2016 and is uptrending. Among 7 analysts covering Bofl Holding Inc ( NASDAQ:BOFI ), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 29% are positive. Equities research analysts predict that Express Scripts Holding Company will post $7.00 earnings per share for the current fiscal year. (more...)
Eurozone unemployment lowest since 2009 as GDP growth remains robust
- October 31, 2017

Economic growth across the Eurozone as a whole over the third quarter, due to be reported tomorrow, is expected to have stayed strong at 0.6 per cent. Official data showed that the lowest unemployment rates were recorded in the Czech Republic (2.7 percent), Germany (3.6 percent) and Malta (4.1 percent). (more...)
German Inflation Slows in Evidence of Euro-Area Price Struggle German Inflation Slows in Evidence of Euro-Area Price Struggle
- October 31, 2017

Economists polled by Reuters had expected a 0.5 per cent quarterly rise and a 2.4 per cent year-on-year gain. Separately, Spain reported that its inflation rate declined to 1.7 percent from 1.8 percent. Preliminary data for the whole euro zone is due on Tuesday and should show an unchanged value of 1.5 percent in October, according to a Reuters poll. (more...)
Fisher Asset Management LLC Buys New Stake in Clovis Oncology, Inc. (CLVS)
- October 31, 2017

The stock increased 0.62% or $1.49 on October 27, reaching $242.79. About 697,557 shares traded. Atika Capital Management Llc decreased Clovis Oncology Inc ( CLVS ) stake by 42% reported in 2017Q2 SEC filing. (NYSE:TSN) for 9,884 shares. Among 20 analysts covering Clovis Oncology (NASDAQ:CLVS), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 47% are positive. (more...)
Bank of America Corporation Downgrades Under Armour, Inc. (UAA) to Underperform Bank of America Corporation Downgrades Under Armour, Inc. (UAA) to Underperform
- October 31, 2017

Over the past few months, insider ownership has seen a move of 0.00% while institutional ownership has changed 0.08%. "While our worldwide business continues to deliver against our ambition of building a global brand, operational challenges and lower demand in North America resulted in third quarter revenue that was below our expectations", Under Armour Chairman and CEO Kevin Plank said in the earnings release . (more...)
Petrochemical giant INEOS to acquire Belstaff Petrochemical giant INEOS to acquire Belstaff
- October 31, 2017

The price of the deal was not disclosed, but on completion the Belstaff business and brand will transfer to Ineos, which claims to be Britain's largest privately owned company. Ineos has said it would announce its plans for Belstaff in due course and the deal is expected to complete in the fourth quarter . JAB Holdings - the investment arm of the billionaire German Reimann family - purchased Belstaff in 2011 for £100 million. (more...)
Deckers Outdoor Corporation (DECK) Stock Rating Reaffirmed by Stifel Nicolaus
- October 31, 2017

It has underperformed by 9.02% the S&P500. BidaskClub upgraded Deckers Outdoor Corporation from a "sell" rating to a "hold" rating in a report on Wednesday, July 5th. That puts the market capitalization at $2.32 bln. It has a 71.11 P/E ratio. The Company sells accessories, such as handbags and loungewear, through domestic and worldwide retailers, global distributors and directly to end user consumers both domestically and internationally, through its Websites, call centers and retail stores. (more...)
Eye-Catching Stock: Bon Ton Stores The (BONT)
- October 31, 2017

Stocks in Europe were mixed and the euro gained as investors await the next development in Spain's Catalan crisis. The ratio is simply calculated by dividing current liabilities by current assets. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, "The Little Book that Beats the Market". Credit Suisse "Downgrades" Bon Ton Stores The (NASDAQ: BONT ) in a research note issued to investors on 4/15/16 to Underperform with price target of $1.5. (more...)
The Designer Behind Burberry's Fashion Transformation Is Leaving the Company The Designer Behind Burberry's Fashion Transformation Is Leaving the Company
- October 31, 2017

The company faced a shareholder revolt over Bailey's pay earlier this year, as nearly a third voted against it. Burberry said in a statement Mr Bailey had been a driving force behind its transformation, taking it from a "small licensed outerwear business to become one of the world's largest and most admired global luxury brands". (more...)
Govt extends last date for filing of GSTR-2 to Nov 30
- October 31, 2017

A Notification in this regard is being issued very shortly. As per a report by Business Today , the recommendation has been made by the group of state finance ministers headed by the Assam Finance Minister Himanta Biswa Sharma. More than 46.54 lakh businesses and taxpayers had filed GSTR-1 for July. GSTR-2 contains details of all the purchases transactions of a registered dealer for a month whereas GSTR-3 will show the amount of GST liability for the month. (more...)
Pound Rises Ahead Of UK Mortgage Approvals Pound Rises Ahead Of UK Mortgage Approvals
- October 31, 2017

Still, it would need to be confident wages can rise further in the coming months. Yes, a rate rise this week from the Bank of England would still have been more likely than not, but it would have been a very close call. They see its first interest rate rise in a decade giving the MPC some wriggle room to cut rates again should the economy sink sharply. Money-market pricing suggests an 89 percent probability that the central bank will tighten policy on Thursday but banks including Credit ... (more...)
Ad giant WPP lowers full-year expectations again Ad giant WPP lowers full-year expectations again
- October 31, 2017

WPP PLC ( LON:WPP ) cut its full year guidance for the third time this year alongside a drop in like-for-like third quarter revenue as its clients trimmed advertising spend. It expects operating margin to be broadly flat on a constant currency basis for the year. WPP's long-term targets include an improvement in the net sales margin of 0.3 points, excluding the impact of currency, along with an annual headline diluted earnings per share growth of 10% to 15% per year. (more...)
Australia's Woolworths says 1st qtr sales up 3.7 pct Australia's Woolworths says 1st qtr sales up 3.7 pct
- October 31, 2017

It was the fifth quarter of sales growth at Woolworths. Average prices declined by 2.4 per cent due to material price reductions in fruit and vegetables compared to the same quarter previous year. Comparable sales rose 2.7% in the first quarter as "customers responded positively to our investment in service despite a number of competitor promotions during the period", Sydney-based Woolworths said. (more...)
Maximum stake to be cut on fixed-odds betting terminals Maximum stake to be cut on fixed-odds betting terminals
- October 31, 2017

The Gambling Commission is to look at changes to the Licence Conditions and Codes of Practice next year, aimed at strengthening player protection online. The campaign will have a budget of £5 to £7 million per year and will include TV adverts, including around live sport, as well as radio, cinema, online and print. (more...)
Marathon Patent Group Inc (NASDAQ:MARA) Stock Price Down as Sentiment Falls
- October 31, 2017

Zix now has $256.78M valuation. Next year this growth will reach 10.14% to attain $4.78. About 309,155 shares traded or 39.10% up from the average. Diodes Incorporated (NASDAQ:DIOD) has risen 52.30% since October 29, 2016 and is uptrending. (more...)
The TD Securities Reiterates "Buy" Rating for Precision Drilling Corp. (PDS)
- October 31, 2017

Precision Drilling Corporation presently has an average rating of "Buy" and a consensus price target of $5.37. They issued a hold rating and a $4.00 target price for the company. Precision Drilling Corporation has its outstanding Shares of 293.24 Million. However the company reported $-0.12 earnings per share for the same quarter during a year ago. (more...)
The Transamerica Financial Advisors Inc. Increases Position in Occidental Petroleum Corp. (OXY)
- October 31, 2017

It has underperformed by 35.67% the S&P500. High Pointe Capital Management Llc sold 17,040 shares as Kroger Co (KR)'s stock declined 14.05%. The Commerzbank Aktiengesellschaft holds 59,314 shares with $3.55 million value, down from 100,910 last quarter. (more...)
Govt won't ban talks by Ismail Menk, Haslin Baharim Govt won't ban talks by Ismail Menk, Haslin Baharim
- October 31, 2017

Ismail and Haslin had their Miscellaneous Work Pass applications to preach in Singapore rejected previously. "During their time in Malaysia, they did not say anything that caused racial conflict or tension in our society", he told reporters after officiating an event here today. (more...)
Freeport-McMoRan Inc. (FCX)
- October 31, 2017

Freeport-McMoRan Inc.'s insider ownership stands at 0.2 percent, while its insider transaction is 1.23 percent. Nippon Life Insurance Co. now owns 41,112 shares of the natural resource company's stock worth $458,000 after buying an additional 472 shares during the last quarter. (more...)
Japan's central bank maintains easing policy, lowers inflation outlook Japan's central bank maintains easing policy, lowers inflation outlook
- October 31, 2017

While he made no explicit proposal on additional easing, he said the BOJ should buy government bonds, so 15-year yields "remain at less than 0.2 percent". Core inflation stood at just 0.7 percent in September, the bank's data showed. In its outlook report, the BOJ said the country's economy will expand a real 1.9 percent in the fiscal year through March, upgraded from the July forecast of 1.8 percent growth. (more...)