Business


Sunbelt Securities Inc. Invests $584000 in Ford Motor Company (F) Stock
- November 09, 2017

The Hap Trading Llc holds 218,050 shares with $7.62 million value, down from 326,500 last quarter. The auto manufacturer reported $1.32 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.07 by $0.25. If you are reading this report on another publication, it was copied illegally and republished in violation of global copyright and trademark laws. The original version of this piece can be viewed at ... (more...)
Macy's Q3 Sales Down, But Reaffirms Guidance Macy's Q3 Sales Down, But Reaffirms Guidance
- November 09, 2017

The company's third-quarter net income was $36 million or $0.12 per share, up from $17 million or $0.05 per share in the prior-year quarter. Looking ahead, Macy's reiterated its full-year EPS outlook of $3.38 to $3.63, which is ahead of the $3.36 that analysts are looking for. (more...)
US, AT&T at odds over CNN in Time Warner deal US, AT&T at odds over CNN in Time Warner deal
- November 09, 2017

When several news outlets reported on Wednesday that the Justice Department had demanded the sale of CNN , a source within the agency denied that, saying "the parties offered to divest CNN and the DOJ Antitrust Division flatly rejected it". (more...)
Vodafone and CityFibre to bring ultrafast speeds to 5m premises by 2025
- November 09, 2017

The first phase of the scheme, which aims to deploy fibre to one million premises, will start in early-2019 and be "largely complete" by 2021, with the second phase of connecting the remaining four million premises set to be completed by 2025. (more...)
Target Fidget Spinners Reportedly Contain Too Much Lead for Kids
- November 09, 2017

Laboratory tests performed last month showed that the Fidget Wild Premium Spinner Brass contained 33,000 ppm of lead in its center circle, and 22,000 ppm in its arm, according to U.S. "As a result, the fidget spinners identified are not regulated as toys or children's products and are not required to meet children's product standards". (more...)
Opel, Vauxhall seek to avoid forced layoffs in turnaround Opel, Vauxhall seek to avoid forced layoffs in turnaround
- November 09, 2017

The company said that combining strengths will unleash annual synergies on Groupe PSA level of €1.1bn by 2020 and €1.7bn by 2026. The adjustment suggests PSA and Opel may have to do more, faster to achieve the savings that PSA had promised in March, when it agreed to buy Opel from General Motors (GM.N) in a deal valuing the business at 2.2 billion euros. (more...)
EU Commission downgrades United Kingdom growth for 2019 Brexit year to 1.1%
- November 09, 2017

With current surveys already suggesting that heightened uncertainty is weighing on business investment in the United Kingdom, the EC report forecast investment growth will weaken in 2018, as many firms are likely to continue deferring investments in the face of uncertainty. (more...)
Burberry plans move up market as profits rise by a quarter Burberry plans move up market as profits rise by a quarter
- November 09, 2017

Burberry Group's long-awaited strategy update from its new boss failed to convince investors, who sent the shares tumbling the most in five years on concern the trench-coat maker is sacrificing future earnings to sharpen its luxury image. (more...)
Sainsbury's reports falling half-year profits and slowing sales growth Sainsbury's reports falling half-year profits and slowing sales growth
- November 09, 2017

Sainsbury's said like-for-like sales had risen in the third quarter, but profits were hit by wage inflation. Sainsbury's attributed its drop in profits to price cuts, wage rises and the "consolidation of Argos H1 losses", following its £1.4bn takeover of Argos and Habitat past year. (more...)
Arvind to demerge apparel, engineering businesses Arvind to demerge apparel, engineering businesses
- November 09, 2017

Arvind's branded apparels business includes licensed worldwide brands like Tommy Hilfiger, Calvin Klein and US Polo Association. Arvind Fashions Ltd (AFL) will be the demerged entity for branded apparel business while the engineering business will come under Anup Engineering Ltd (AEL). (more...)
House price falls now widespread, say surveyors
- November 09, 2017

Following a couple of months in which new instructions had held broadly stable, the latest results point to a renewed deterioration in the flow of fresh listings coming to market. RICS' gauge of price expectations for the next three months fell in October to -11, from -8. Britain's property market is slowing as political and economic uncertainty take their toll on sales, buyer demand and prices, a closely watched survey has shown. (more...)
Planet Fitness Muscles Up On Strong Q3 After Weight Watchers Pops
- November 09, 2017

Federated Investors Inc. PA increased its position in shares of Planet Fitness by 26.8% during the second quarter. Return on assets (ROA) is a financial ratio that shows the percentage of profit that a company earns in relation to its overall resources (total assets ). (more...)
IT raids offices of Jaya TV, Dr Namadhu MGR IT raids offices of Jaya TV, Dr Namadhu MGR
- November 09, 2017

The raids, which commenced around 6 am, were conducted in over 180 places including the house of state secretary of the AIADMK's Karnataka unit and a TTV Dinakaran supporter V.Pugazhendhi in Bengaluru and a farm house belonging to Dinakaran near Cuddalore in Tamil Nadu. (more...)
Rockwell Automation Inc. (ROK) - Worth Watching Stock
- November 09, 2017

State of Tennessee Treasury Department grew its stake in shares of Rockwell Automation by 50.4% during the third quarter. (ROK) escalated 2.03% and closed its last trading session at $200.83. Analysts had expected the company to earn $1.73 per share, according figures compiled by Thomson Reuters. EPS Estimate for the next Quarter is 1.73. (more...)
The Nabors Industries Ltd. (NBR) Now Covered by Sanford C. Bernstein The Nabors Industries Ltd. (NBR) Now Covered by Sanford C. Bernstein
- November 09, 2017

The firm now has a $9.50 price objective on the oil and gas company's stock. Citigroup Inc. set a $10.00 price target on Nabors Industries and gave the company a "buy" rating in a research note on Thursday, October 5th. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2017/11/08/nabors-industries-ltd-nbr-earns-hold-rating-from-piper-jaffray-companies.html. (more...)
Eli Lilly and Company (LLY) Issues FY17 Earnings Guidance
- November 09, 2017

Tradewinds Cap Management Ltd Llc invested 0.07% of its portfolio in Alliance California Municipal Income Fun (NYSE:AKP). Westfield Capital Mngmt Limited Partnership accumulated 1.33M shares or 0.93% of the stock. 823.00 million shares or 0.09% more from 822.25 million shares in 2017Q1 were reported. Citigroup Inc. reaffirmed a buy rating and issued a $100.00 target price on shares of Eli Lilly and in a research report on Tuesday, July 4th. (more...)
Controversial Amazon Key launches in Seattle area, but will people use it? Controversial Amazon Key launches in Seattle area, but will people use it?
- November 09, 2017

According to their site, Amazon-certified delivery drivers will knock on a user's door, send an approval request to Amazon and, once granted, gain temporary access to your front door. The program is now available for Prime members in 37 cities. There is an option to install it yourself or to allow a trained professional handle the installation. (more...)
Two injured in oil platform fire off coast of Louisiana Two injured in oil platform fire off coast of Louisiana
- November 09, 2017

The platform is about 185 miles southwest of New Orleans . It was last reported as largely out, save for a small flame coming out of pipe on the platform. "No harm to people or the environment is ever acceptable, and Shell deeply regrets that this incident occurred". The Enchilada platform, which sits in 710 feet of water, was installed in 1997, both as a base for several oil wells drilled below the surface and as a hub for collection and processing of oil and gas from other nearby wells. (more...)
Panera buys Au Bon Pain; founder to exit Panera buys Au Bon Pain; founder to exit
- November 09, 2017

Inc.in 1981. The company went public in 1991, and acquired Saint Louis Bread Company in 1993. The financial details of the deal were not disclosed, but Panera said the acquisition of Au Bon Pain parent company Au Bon Pain Holding Co. The fact that news of Shaich's departure comes on the same day as the Au Bon Pain announcement is fitting. "This is the right time for me to step down as CEO while still staying involved in the business as Chairman", Shaich said in a statement. (more...)
Today Analysts Focus on EQT Corporation (EQT), The Coca-Cola Company (KO)
- November 09, 2017

WABCO Holdings had 59 analyst reports since September 1, 2015 according to SRatingsIntel. Citigroup Inc. set a $53.00 price target on shares of Coca-Cola Company (The) and gave the stock a buy rating in a report on Thursday, August 3rd. The ex-dividend date is Tuesday, November 29th. Homrich & Berg, which manages about $3.37B and $1.14 billion US Long portfolio, upped its stake in Select Sector Spdr Tr (XLK) by 8,345 shares to 20,907 shares, valued at $1.14 million in 2017Q2, according to ... (more...)
Mallinckrodt PLC (MNK) Downgraded to Mallinckrodt PLC (MNK) Downgraded to "Hold" at Citigroup Inc
- November 09, 2017

The stock presently has a consensus rating of Buy and an average target price of $60.04. Independence holds 0.59% or 7,867 shares in its portfolio. The firm earned "Buy" rating on Friday, August 4 by Stifel Nicolaus. The number of shares now owned by investors are 161.9 mln. Brinker Capital Inc stated it has 0.03% of its portfolio in Mallinckrodt PLC (NYSE:MNK). Geode Cap Mgmt Llc has 1.24 million shares for 0.02% of their portfolio. (more...)
Going Through the Chart for Carrizo Oil & Gas, Inc. (CRZO)
- November 09, 2017

As per Friday, March 11, the company rating was upgraded by Goldman Sachs. (The) set a $17.00 price objective on Carrizo Oil & Gas and gave the stock a "hold" rating in a research report on Thursday, October 19th. Ameriprise Financial holds 1.55M shares. Information in this release is fact checked and produced by competent editors of Alpha Beta Stock; however, human error can exist . (more...)
Flight forced to make emergency landing after woman discovers her husband's affair Flight forced to make emergency landing after woman discovers her husband's affair
- November 09, 2017

The flight crew tried to calm her but to no avail, so the pilot diverted to India and the woman, her husband and child were offloaded. With the situation getting out of hand, the pilot chose to divert the plane to Chennai. She and her family members were escorted off the plane in India. Once the lady got a little sober, the family was put on a flight to Kuala Lumpur and they were to take a connecting flight to Doha from there. (more...)
Analysts' Activity: Amc Entertainment Holdings Inc (AMC) Analysts' Activity: Amc Entertainment Holdings Inc (AMC)
- November 09, 2017

Previously Amc Entertainment Holdings Inc (NYSE: AMC ) reported $-1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $-1.34 by $-0.01. (NYSE: AMC ) has a Return on Assets of -1.30%. The company has market cap of 8.55 billion GBP. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued. (more...)
Snap shares plunge 20% on weak user growth Snap shares plunge 20% on weak user growth
- November 09, 2017

Snap revealed Tuesday that its loss tripled to $443.2 million during the third quarter on weak user growth and revenue. The shares were headed for the third-straight double-digit percentage decline in the wake of results. In addition, Anmuth wrote in a note the fact that Snap is redesigning its app is "a clear sign of recognition that the product is too hard for many to use and that the service has not resonated enough with users 35 and up". (more...)
Prosecutors Are Examining Carl Icahn's Role as Trump Adviser Prosecutors Are Examining Carl Icahn's Role as Trump Adviser
- November 09, 2017

Icahn's role as an advisor to the President". Icahn and Icahn Enterprises are cooperating with the request for information related to his activities on the U.S. At the time of his resignation, Icahn said he never profited from his position and that he didn't believe the role presented any conflicts of interest. (more...)
Tech Alliance Provides Obamacare Open Enrollment Assistance to Freelancers Tech Alliance Provides Obamacare Open Enrollment Assistance to Freelancers
- November 09, 2017

That's over two weeks shorter than in 2016. Across the country, Trump cut spending on health care counselors, or navigators, by roughly 40 percent, from $62.5 million to $36.8 million, and reduced advertising from $100 million spent previous year to $10 million, according to federal health officials. (more...)
GenMark Diagnostics, Inc. (GNMK) Shares Gap Down Following Analyst Downgrade
- November 09, 2017

However, at one point, in the middle of the day, the price touched a high of $4.26 before it finally returned some of the gains. Several equities research analysts have issued reports on GNMK shares. The stock declined 0.94% or $0.56 reaching $58.84 per share. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of US and global copyright & trademark legislation. (more...)
GUIDE: Veterans Day Freebies And Discounts GUIDE: Veterans Day Freebies And Discounts
- November 09, 2017

We know you don't always like to be thanked for your service, but let's be honest: It's just plain foolish to forgo free grub and a night out, so with that, here's a round-up of 17 special deals in honor of current and former service members this Veterans Day. (more...)
Driverless Shuttle Bus Crashes During its Debut In Vegas Driverless Shuttle Bus Crashes During its Debut In Vegas
- November 09, 2017

If the USA can successfully facilitate a safe transition to autonomous vehicles, "the benefits are quite compelling", Moreno says. The vehicles, which hold up to 11 passengers, were made by French company Navya and are managed by French transportation company Keolis. (more...)