Business


Turkish, German Foreign Ministers Meet Amid Strained Ties Turkish, German Foreign Ministers Meet Amid Strained Ties
- November 04, 2017

Turkey has accused Germany of harboring members of an outlawed Kurdish group. The German Foreign Ministry announced on Friday that authorities in Turkey released another German national from jail. German-Turkish relations have declined sharply in the aftermath of a failed coup attempt in July 2016 against Turkish President Recep Tayyip Erdogan that saw a wave of arrests. (more...)
United Asset Strategies Inc. Purchases 2182 Shares of Schlumberger NV (NYSE:SLB)
- November 04, 2017

SunTrust Banks also issued estimates for Schlumberger N.V.'s Q4 2017 earnings at $0.45 EPS, FY2017 earnings at $1.47 EPS, Q1 2018 earnings at $0.43 EPS, Q2 2018 earnings at $0.47 EPS, FY2018 earnings at $2.01 EPS, Q1 2019 earnings at $0.62 EPS, Q2 2019 earnings at $0.73 EPS, Q3 2019 earnings at $0.83 EPS and FY2019 earnings at $3.14 EPS. (more...)
Wall Street Analysts Forecast 9.6% on Eli Lilly and Company (NYSE:LLY)
- November 04, 2017

About 61.24M shares traded. It has outperformed by 164.19% the S&P500. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Renaissance Tech Ltd Liability invested 0.01% in Northern Trust Corporation (NASDAQ:NTRS). The Parsec Financial Management Inc holds 52,705 shares with $4.34M value, up from 44,310 last quarter. (more...)
Tesla Model 3 Delay Grows Loss to $671 Million Tesla Model 3 Delay Grows Loss to $671 Million
- November 04, 2017

The Model 3 is Tesla's first mass-market vehicle that starts at $35,000. Tesla will focus on Model 3 and Model Y production in China. Although Tesla has made inroads among luxury vehicle buyers with the advanced technology and innovative design in its Model S sedan and Model X SUV, it is the Model 3 on which its long-term viability rests. (more...)
Horizons SP TSX 60 Equal Wgt ETF (HEW.TO): Following the Indicators
- November 04, 2017

Whatever the approach the investor chooses, putting in the time and effort might greatly help the long-term performance of the stock portfolio. The 14-day ADX for Ishares SP TSX Capped Utilities ETF (XUT.TO) is now at 25.37. Tracking other technical indicators, the 14-day RSI is presently standing at 58.61, the 7-day sits at 50.18, and the 3-day is resting at 46.81 for Ishares SP TSX CDN Pref ETF (CPD.TO). (more...)
Raises Position in United Parcel Service, Inc. (UPS)
- November 04, 2017

United Parcel Service, Inc. The stock declined 1.04% or $1.21 reaching $115.66 per share. The shares were sold at an average price of $114.10, for a total transaction of $2,019,455.90. Jane Street Grp Lc, a New York-based fund reported 25,031 shares. Conning Inc reported 12,472 shares or 0.06% of all its holdings. First PREMIER Bank now owns 1,047 shares of the transportation company's stock worth $116,000 after buying an additional 50 shares in the last quarter. (more...)
Coca-cola Enterprises Inc (NYSE:CCE) 2017 Q2 Sentiment Report
- November 04, 2017

It has outperformed by 30.89% the S&P500. Shareholders of record on Friday, December 1st will be issued a dividend of $0.37 per share. Strs Ohio has invested 0% in Farmer Brothers Co. analysts anticipate that Coca-Cola Company will post 1.9 EPS for the current year. Sold All: 0 Reduced: 1 Increased: 1 New Position: 2. Finally, Bridgewater Associates LP purchased a new stake in Coca-Cola European Partners PLC during the 2nd quarter valued at $1,592,000. (more...)
Frontier Communications Corporation (FTR) - Technical Watch
- November 04, 2017

Frontier Communications Corp . has a 12 month low of $3.81 and a 12 month high of $5.85. Jefferies Group LLC restated a "buy" rating and issued a $25.00 price target (down previously from $30.00) on shares of Frontier Communications Corporation in a research report on Wednesday, August 2nd. (more...)
Stocks With Escalations: Energy Transfer Partners, LP (NYSE:ETP) Stocks With Escalations: Energy Transfer Partners, LP (NYSE:ETP)
- November 04, 2017

The stock's last price was lower from the average trading price of 50 days recorded at $36.88 while enlarging the period to 200 trading days, the average price was $38.9. ( ETP ) and Sunoco LP, which are engaged in diversified energy-related services. Headlines about Energy Transfer Equity , L.P. (NYSE:ETE) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. (more...)
Here's what Virgin's first adults-only cruise ship will look like Here's what Virgin's first adults-only cruise ship will look like
- November 04, 2017

The adults-only cruise ships are now in the middle of being built at a shipyard in Genoa, Italy, and will cost a staggering $3.9billion. The ship, according to Branson, is beyond his expectations, with more than 93 percent of cabins promising an ocean view and 80 percent boasting of a terrace. (more...)
Revenue Estimates Analysis Merck & Co., Inc. (MRK)
- November 04, 2017

The company had Year Ago Sales of 10.12 Billion. The stock declined 3.07% or $0.6 reaching $18.95 on the news. Cadinha & Co. LLC raised its stake in Merck & Company, Inc. (NYSE: MRK ) earned "Buy" rating by BMO Capital Markets on Tuesday, June 6. BidaskClub cut shares of Merck & from a "sell" rating to a "strong sell" rating in a research report on Wednesday, July 19th. (more...)
ISM: Non-Manufacturing Sector Grew in October ISM: Non-Manufacturing Sector Grew in October
- November 04, 2017

A reading above 50 per cent indicates expansion of the service sector. Economists surveyed by The Wall Street Journal had expected an October reading of 58.0. Looking forward, "even if it has some pullback where it comes down.that still would be reflecting a strong rate of growth", said Anthony Nieves, who oversees the ISM survey. (more...)
Great Plains Energy beats 3Q profit forecasts
- November 04, 2017

Great Plains Energy Incorporated ( Great Plains Energy ) is a utility holding company. Bank of America Corporation's target price indicates a potential upside of 5.17% from the stock's previous close. Advisory Services Network LLC increased its position in Great Plains Energy by 0.9% during the second quarter. Fort Washington Incorporated Oh accumulated 13,400 shares. (more...)
Robert W. Baird Increases Blackbaud, Inc. (BLKB) Price Target to $95.00
- November 04, 2017

Coty Inc now has $10.76B valuation. Investors of record on Tuesday, November 28th will be given a dividend of $0.12 per share. About 39,192 shares traded. The Firm offers a range of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. It has a 72.43 P/E ratio. (more...)
Vornado Realty Trust (NYSE:VNO) Q2 2017 Institutional Investor Sentiment Steady
- November 04, 2017

The stock increased 0.49% or $0.07 on November 2, reaching $13.77. Reaves W H & Company Inc, which manages about $3.03B and $2.71 billion US Long portfolio, decreased its stake in Union Pac Corp Com (NYSE:UNP) by 77,900 shares to 566,900 shares, valued at $61.74M in 2017Q2, according to the filing. (more...)
CVS Health Corporation (NYSE:CVS) Quarterly EPS Review
- November 04, 2017

The stock declined 0.56% or $0.39 reaching $69 on the news. About 13,547 shares traded. It has underperformed by 41.10% the S&P500. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the company. (more...)
Morgan Stanley Cuts Walt Disney Company (The) (DIS) Price Target to $120.00
- November 04, 2017

The Walt Disney Company (NYSE:DIS) has a 20-Day average volume of 6.39 Million. EXCO Resources Inc (NYSE:XCO) has declined 39.26% since November 4, 2016 and is downtrending. Scopus Asset Mgmt LP has invested 0.29% in Walt Disney Co (NYSE:DIS). The Walt Disney Company (NYSE:DIS) reported its EPS in the last quarter as $1.58/Share beating the analyst estimate of $1.55/Share by a difference of $0.03. (more...)
Union Bank of India posts loss of Rs 1531 cr in Q2
- November 04, 2017

The bank allotted Rs 1680 crore towards provisioning and contingencies for the July-September quarter against Rs 992 crore for the second quarter of 2016-17. The company has posted net loss of Rs.(1414.14) crores for the 6 months period ended September 30, 2017 as against net profit of Rs.342.99 crores for the 6 months period ended September 30, 2016. (more...)
Queensland voters flock to Pauline Hanson's One Nation Queensland voters flock to Pauline Hanson's One Nation
- November 04, 2017

Opposition leader Tim Nicholls has brushed off a new poll suggesting support for the Liberal National Party is in freefall. Nearly 20 per cent of Queenslanders are expected to vote for One Nation, meaning the state's major parties will have to work alongside Pauline Hanson to form government. (more...)
Godrej Properties Q2 Net Profit Surges 91% to Rs 44 Crore
- November 04, 2017

Titan's total income stood at Rs 3,517.7 crore during the quarter under review as against Rs 2,714.98 crore in the year-ago period, up 29.56 per cent, it said in a BSE filing. "We hope to further build on this momentum in the second half of the year", said Pirojsha Godrej, executive chairman, Godrej Properties Ltd. Godrej Properties Ltd is now trading at Rs 718.8, down by Rs 4.6 or 0.64% from its previous closing of Rs 723.4 on the BSE. (more...)
Simple Moving Average Analysis of Enterprise Products Partners LP (EPD) Simple Moving Average Analysis of Enterprise Products Partners LP (EPD)
- November 04, 2017

Cv Starr And Incorporated invested in 450,000 shares. COPYRIGHT VIOLATION NOTICE: "State Treasurer State of Michigan Sells 391,000 Shares of Enterprise Products Partners L.P. Enterprise Products Partners LP had 46 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Thursday, July 23 by DA Davidson. (more...)
Acquisitive Nestlé takes charge of Chameleon Cold-Brew
- November 04, 2017

Unilever has acquired Tazo Tea from Starbucks for $384 million and Nestle USA said it is buying Chameleon Cold-Brew, the leading organic cold brew brand in the US, for an undisclosed amount. Founded in 2010, Austin-based Chameleon provides premium crafted coffee which, it claims, is "sourced consciously and grown sustainably". "Partnering with a world-class company like Nestlé will give us the opportunity to do so on a bigger platform", said Chameleon co-founder and CEO Chris Campbell. (more...)
Greedy? Banks hike mortgage rates but delay savings account rise
- November 04, 2017

The interest rate hike is less relevant to the prime market, however, since luxury buyers tend to pay all cash. When will mortgage rates go up? "The 0.25% lift in the base rate will likely be passed on to borrowers on variable-rate mortgage deals nearly immediately-with a material effect", said Simon Gammon, managing partner at Knight Frank Finance. (more...)
Macquarie Initiates Coverage on Gildan Activewear, Inc. (GIL)
- November 04, 2017

Alliancebernstein L.P. now owns 24,599 shares of the textile maker's stock worth $756,000 after acquiring an additional 9,180 shares during the last quarter. The company was maintained on Friday, November 13 by RBC Capital Markets. The firm earned "Hold" rating on Thursday, October 15 by Brean Capital. Finally, Canaccord Genuity set a $32.00 price objective on Gildan Activewear and gave the stock a "buy" rating in a report on Friday, July 7th. (more...)
Scana Corp (NYSE:SCG) Institutional Investors Sentiment Falls in Q2 2017
- November 04, 2017

A number of other research analysts have also weighed in on the stock. Sigma Planning Corp grew its position in Scana Corporation by 0.3% in the second quarter. The return on equity ratio or ROE stands at 10.2 percent while most common profitability ratio return on investment (ROI) was 6.7 percent. During the same quarter past year, the business posted $1.32 EPS. (more...)
Zacks Investment Research Downgrades Colgate-Palmolive Company (CL) to Sell
- November 04, 2017

Colgate-Palmolive Company (CL) has a market cap of $63.21 billion and over the last 12 months, Colgate-Palmolive Company (NYSE:CL) has gone weaker by -0.34%. As per Tuesday, September 5, the company rating was maintained by RBC Capital Markets. The stock has "Hold" rating by Jefferies on Tuesday, September 26. (more...)
American International Group, Inc. (AIG) Shares Gap Down After Earnings Miss American International Group, Inc. (AIG) Shares Gap Down After Earnings Miss
- November 04, 2017

Decling topline is another major concern. "Though some of these efforts have paid off, many more reforms are required for a turnaround". American International Group (NYSE:AIG) last posted its quarterly earnings results on Thursday, November 2nd. (more...)
Twitter, Inc. (TWTR) Upgraded at Vetr Inc
- November 04, 2017

Sumitomo Mitsui Asset Management Company Ltd sold 517,143 shares as the company's stock rose 10.41% with the market. However, both UBS and Stifel previously had the equivalent of a Sell rating on Twitter stock, so they're both at the equivalent of a Neutral now. (more...)
Trump Accuses Clinton of Deliberately Losing Election So He Could Be Impeached Trump Accuses Clinton of Deliberately Losing Election So He Could Be Impeached
- November 04, 2017

Judging by Trump's recent lashing out against Clinton, the Democratic Party and others, it appears he is preparing his fanatic Republican base for the worst. 'It's inconceivable, it's absolutely inconceivable, it's terrible, ' the president said of the larger amount. The bigger problem according to Clinton, which she writes about in her book, is that the American people were not aware of the FBI's investigation of ties between the Trump campaign and Russian Federation until after the election. (more...)
Fidelity Core Dividend ETF (FDVV) Rises 0.22% for Nov 3
- November 04, 2017

The oscillator changes from green (upward movement) to red (downward movement) and back to green again. A favorite tool among technical stock analysts is the moving average. Welles Wilder. The RSI operates in a range-bound area with values between 0 and 100. Fidelity Real Estate MSCI ETF (FREL) now has a 14-day Commodity Channel Index (CCI) of -27.95. (more...)