Business


Amazon is working on a free version of Prime Video with ads Amazon is working on a free version of Prime Video with ads
- November 13, 2017

Earlier this year, it was reported that Amazon was on course to spend $4.5bn on video content this year , as it seeks to mount an even bigger challenge to Netflix. We could effectively have the equivalent of YouTube, only each channel would be from an approved and established movie studio, TV network, or media company. (more...)
The Vetr Inc. Downgrades Marvell Technology Group Ltd. (MRVL) to Hold The Vetr Inc. Downgrades Marvell Technology Group Ltd. (MRVL) to Hold
- November 13, 2017

Two equity analysts rating the company a strong buy, three equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $10.86. (more...)
AECOM (ACM) Releases Earnings Results, Beats Expectations By $0.01 EPS
- November 13, 2017

State Street Corp now owns 3,977,619 shares of the construction company's stock worth $128,599,000 after purchasing an additional 44,044 shares in the last quarter. Company insiders own 1.14% of the company's stock. The company is trading down by 1.71% since yesterday's close of 35.59. Finally, Alliancebernstein L.P. (more...)
Advanced Micro Devices (AMD) Receiving Somewhat Positive News Coverage, Accern Reports
- November 13, 2017

Oppenheimer & Co Inc expanded its holdings by buying 40,559 shares an increase of 36.1% from 06/30/2017 to 09/30/2017. Over the last three months, the shares of the company have changed -11.76% and performed -1.40% over the last six months. (more...)
Newmont Mining Corporation (NYSE:NEM) Announces Quarterly Earnings Results
- November 13, 2017

The stock has a market capitalization of $19,136.11, a P/E ratio of 25.81 and a beta of 0.11. Sei Investments Co. now owns 41,055 shares of the company's stock valued at $1,606,000 after buying an additional 34,927 shares during the last quarter. (more...)
JP Morgan Chase & Co Reaffirms Underweight Rating for BHP Billiton plc (BLT)
- November 13, 2017

Media headlines about BHP Billiton Limited (NYSE:BHP) have trended positive this week, Accern reports. It has outperformed by 14.45% the S&P500. Therefore 36% are positive. Metropolitan Life Ins Ny reported 167,922 shares. Moreover, Barclays Public Lc has 0% invested in Bruker Corporation (NASDAQ:BRKR). (NASDAQ:MAT) for 227,050 shares. (more...)
Coal India's net profit falls about 40 pc in Q2 Coal India's net profit falls about 40 pc in Q2
- November 13, 2017

Coal India has been questing Railways to improve supplies following which average wagon loading grew 7% during July-September. Its revenue from operations for the quarter stood at Rs 18,148.31 crore, up 4.19 percent from Rs 17,418.43 crore in the year-ago period.The miner produced 113.04 million tones (mt) of coal in July-September quarter of the current fiscal, as against 104.37 mt in the year-ago period. (more...)
Apple Inc. (AAPL) Stake Lowered by Bessemer Group Inc
- November 13, 2017

The stock has a market capitalization of $896,810.00, a price-to-earnings ratio of 18.99, a P/E/G ratio of 1.40 and a beta of 1.25. About 7.04 million shares traded. $1.86 million worth of Apple Inc . (NASDAQ: AAPL ). New England Private Wealth Advsr Ltd Liability Corp holds 1% or 22,439 shares. Moreover, Kemnay Advisory Services has 3.4% invested in Apple Inc . (more...)
Hard Facts About Ford Motor Co. (NYSE:F) Hard Facts About Ford Motor Co. (NYSE:F)
- November 13, 2017

The company operates in the Consumer Cyclical sector with a market capitalization of 47.83 Million. Jefferies Group reiterated a "sell" rating on shares of Ford Motor in a report on Sunday, September 4th. De sold 123,645 shares of General Motors stock in a transaction that occurred on Friday, October 27th. Following the sale, the executive vice president now owns 150,484 shares in the company, valued at $6,710,081.56. (more...)
Laredo Petroleum, Inc. (NYSE:LPI) Short Interest Up 12.3% in October
- November 13, 2017

It has outperformed by 0.95% the S&P500. The company has market cap of $355.83 million. While in the same Quarter Previous year, the Actual EPS was $0.16. BMO Capital Markets has "Market Perform" rating and $11 target. The stock of Laredo Petroleum Inc (NYSE: LPI ) has "Buy" rating given on Monday, May 15 by FBR Capital. (more...)
The Dowling & Yahnke LLC reaches $6443000 position of Costco Wholesale Corp. (COST)
- November 13, 2017

Finally, Ledyard National Bank increased its holdings in shares of Costco Wholesale Corporation by 19.1% in the 2nd quarter. They expect $1.31 earnings per share, up 11.97% or $0.14 from last year's $1.17 per share. Cetera Advsrs Limited Co holds 0.07% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 7,303 shares. Braun Stacey Associate Incorporated holds 0.55% in Costco Wholesale Corporation (NASDAQ:COST) or 52,763 shares. (more...)
McCormick & Company, Incorporated (NYSE:MKC) Director Sells $497500.00 in Stock
- November 13, 2017

The stock increased 1.48% or $1.41 on November 10, reaching $96.92. The volume of MKC witnessed a shift from 839.63 thousand shares, based on a 50-day average, to 1.06 million shares. The rating was maintained by Citigroup on Monday, October 2 with "Neutral". The firm has "Outperform" rating by Credit Suisse given on Tuesday, October 25. (more...)
Seagate Technology PLC (STX) CFO David H. Morton, Jr. Sells 7909 Shares
- November 13, 2017

Barclays Capital maintained ANSYS, Inc. (TSE:RIC) on Wednesday, November 2 with "Sector Perform" rating. As per Monday, September 19, the company rating was maintained by UBS. Investors sentiment increased to 1.18 in 2017 Q2. Its down 0.03, from 1.33 in 2017Q1. It dived, as 40 investors sold Cimarex Energy Co shares while 146 reduced holdings. (more...)
Looking at Shares of Brazil Index MSCI Ishares (EWZ) — Equity Focus
- November 13, 2017

When reading Ichimoku Kinko Hyo charts, investors should note that the Tenkan-Sen line leads the Kijun-Sen, and tracks price with more sensitivity because it covers a shorter period of time. Shares of iShares MSCI Brazil Index (NYSE:EWZ) traded down $0.78 on Friday, hitting $38.83. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. (more...)
Bitcoin and Bitcoin Cash Price Explained: Why cryptocurrencies just rallied and crashed Bitcoin and Bitcoin Cash Price Explained: Why cryptocurrencies just rallied and crashed
- November 13, 2017

While skeptics have called bitcoin's rapid advance a bubble, it has become too big for many on Wall Street to ignore. Even after shrinking by as much as $38 billion since Wednesday, the cryptocurreny boasts a staggering market value of $101 billion. (more...)
Treasury rocked as budget chief quits Treasury rocked as budget chief quits
- November 13, 2017

Media reports said Sachs walked out in protest of the interference by the Presidency in the budget process, notably around the issue of funding free tertiary education. In his mini budget speech in October, Finance Minister Malusi Gigaba said the commission of inquiry into higher education had submitted its report to Zuma on the feasibility to provide fee-free education. (more...)
How Many Freeport-McMoRan Inc (NYSE:FCX)'s Analysts Are Bearish? How Many Freeport-McMoRan Inc (NYSE:FCX)'s Analysts Are Bearish?
- November 13, 2017

The stock decreased 0.81% or $0.87 on November 10, reaching $106.07. About 9,090 shares traded. The good news is there's still room for Freeport-McMoRan Inc. The natural resource company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.03. Vident Inv Advisory Lc invested 0.01% in Freeport-McMoRan Inc ( NYSE : FCX ). (more...)
Noteworthy Stocks: Weatherford International plc (WFT), Facebook, Inc. (FB)
- November 13, 2017

The company's stock had a trading volume of 11,260,700 shares, compared to its average volume of 27,065,194. The stock rose 0.69% or $0.22 reaching $32.29 per share. The rating was initiated by Tudor Pickering with "Buy" on Friday, March 24. Therefore 71% are positive. As per Tuesday, August 2, the company rating was maintained by Jefferies. (more...)
IShares iBonds Dec 2022 Term Corporate (IBDN) Declines 0.28% for Nov 12
- November 13, 2017

The lower the ERP5 rank, the more undervalued a company is thought to be. The Value Composite One (VC1) is a method that investors use to determine a company's value. A single point is assigned to each test that a stock passes. On the other end, a stock with a score from 0-2 would be viewed as weak. The RSI was created by J. (more...)
Wal-Mart Stores, Inc. (WMT) Position Increased by Swiss National Bank Wal-Mart Stores, Inc. (WMT) Position Increased by Swiss National Bank
- November 13, 2017

Many analysts are providing their Estimated Earnings analysis for Wal-Mart Stores Inc. and for the current quarter 30 analysts have projected that the stock could give an Average Earnings estimate of $0.97/share. Over the past twelve months, Wal-Mart Stores, Inc. In other Wal-Mart Stores news, Director S Robson Walton sold 646,330 shares of the company's stock in a transaction on Wednesday, August 23rd. (more...)
Tyson Foods shares rise on better-than-expected results Tyson Foods shares rise on better-than-expected results
- November 13, 2017

Total shares held by institutions as of the most recent company filings are 258,974,436 with a reported 22,671,429 bought and 1,743,965,126 sold. TD Asset Management Inc. Earnings, adjusted for restructuring costs and asset impairment costs, were $1.43 per share. Three analysts have made estimates for Tyson Foods' earnings, with the highest EPS estimate coming in at $1.42 and the lowest estimate coming in at $1.33. (more...)
Nisa votes in favour of Co-op takeover Nisa votes in favour of Co-op takeover
- November 13, 2017

Nisa has almost 1,200 members, who operate 3,400 stores among them are facing rising competition, rising rents, a clampdown on tobacco sales and rising food inflation. "We are delighted that Nisa members have supported our offer and our ambition to create a stronger member-led presence within the United Kingdom convenience sector", said Jo Whitfield, CEO Co-op Food. (more...)
AstraZeneca plc (AZN) Rating Reiterated by Liberum Capital
- November 13, 2017

Aflac Incorporated is a business holding company. The company has market cap of 63.89 billion GBP. The Firm is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus. (more...)
Higher food prices accelerate India's retail inflation in October Higher food prices accelerate India's retail inflation in October
- November 13, 2017

The retail inflation rose up to seven-month high to 3.58 in October due to the high prices of food items , especially vegetables, eggs, milk and their products, and tobacco products and housing sector. The panel left rates unchanged in its October review. Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI ) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015. (more...)
What's The Story Behind Teva Pharmaceutical Industries Limited (NYSE:TEVA)
- November 13, 2017

Teva Pharmaceutical Industries Ltd. has a 12 month low of $34.57 and a 12 month high of $66.55. It has underperformed by 58.40% the S&P500. Advantus Capital Management Inc decreased Omega Healthcare Investors Inc (OHI) stake by 64.39% reported in 2017Q2 SEC filing. (more...)
Lazada experienced explosive growth in Southeast Asian sales on Singles Day Lazada experienced explosive growth in Southeast Asian sales on Singles Day
- November 13, 2017

To boost transactions, Alibaba hosted a star-studded gala with film star Nicole Kidman and American rapper Pharrell Williams. Here the sales since the beginning of the week until the main event have been excluded. Billionaire founder Jack Ma is using it as a testing ground for his plans to revamp China's $4 trillion traditional retail sector with technology, an experiment that could help the behemoth gain an edge in China's saturated market. (more...)
Shell cuts interest in Woodside Petroleum to just under 5% Shell cuts interest in Woodside Petroleum to just under 5%
- November 13, 2017

Royal Dutch Shell PLC (RDSA.LN) said Monday that it is selling 71.6 million shares in Woodside Petroleum Ltd. (WPL.AU) for 31.10 Australian dollars ($23.78) a share, raising A$2.2 billion as it seeks to lower its debt mountain. Shell's share price has jumped in London in today's session, having added 1.24 percent to 2,448.00p as of 10:10 GMT, outperforming the broader United Kingdom market, with the benchmark FTSE 100 index now standing 0.20 percent higher at 7,447.49 points. (more...)
Ride-hailing service Lyft expanding to Toronto market
- November 13, 2017

Lyft will serve the Greater Toronto and Hamilton Area and plans to launch by the end of the year. When service begins, Lyft hopes to have enough drivers to respond to ride requests in two-to-three minutes as it does in major US cities. Uber has 40 million customers worldwide. The company is also beginning to sign up potential drivers now in advance of its rollout of its service. (more...)
Brookfield wants to buy mall-owner GGP for $14.8 billion Brookfield wants to buy mall-owner GGP for $14.8 billion
- November 13, 2017

The company discussed a premium of almost 10% to 15% over the share price of GGP during the starting week of November this year till both the firms reached a consensus on the offer of United States dollars 23 per share to the GGP. This buyback authorization permits the utilities provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued. (more...)
Iranian light crude breaks $60 mark
- November 13, 2017

In the week ahead, monthly reports from the Organization of Petroleum Exporting Counties on Monday and the International Energy Agency on Tuesday will be closely-watched to assess global oil supply and demand levels. "The Oil markets are still feeling uncertain about the price recovery because global crude inventories are still well above the five-year average", said Sean Evers, Managing Partner, Gulf Intelligence. (more...)