Business


Predict the market movement for today's market share: Morgan Stanley (MS)
- November 14, 2017

Dupont Capital Management Corp's holdings in Morgan Stanley were worth $5,861,000 as of its most recent filing with the Securities and Exchange Commission. The stock is now moving below its 20-Day Simple Moving Average of -2.39% with a 50-Day Simple Moving Average of 0.7 percent. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.05%. (more...)
The Bear Case for Advance Auto Parts, Inc. (AAP) The Bear Case for Advance Auto Parts, Inc. (AAP)
- November 14, 2017

Among 26 analysts covering Advance Auto Parts Inc . BidaskClub upgraded shares of Advance Auto Parts from a "strong sell" rating to a "sell" rating in a research report on Monday, July 31st. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. (more...)
Canadian National Railway Company
- November 14, 2017

It has outperformed by 17.04% the S&P500. In a report revealed to investors on Wednesday morning, Deutsche Bank analyst has today has initiated coverage for Canadian Pacific Railway Limited Common Stock (NYSE:CP) shares with a Buy rating. (more...)
Warmer weather, rising non-OPEC output threaten oil market balance Warmer weather, rising non-OPEC output threaten oil market balance
- November 14, 2017

Under its "New Policies Scenario", based on existing legislation and announced policy intentions relative to emissions and climate change, the oil price should continue to rise towards $83 a barrel by the mid-2020s. Oil markets were treading water early on Tuesday, continuing the cautious trading seen over the last week as bullish factors such as ongoing OPEC-led production cuts and Middle East tensions are countered by rising USA output. (more...)
American Tower Corp (AMT) Stake Increased by Edgewood Management LLC American Tower Corp (AMT) Stake Increased by Edgewood Management LLC
- November 14, 2017

Brandywine Global Investment Management Llc increased Wabtec Corp (WAB) stake by 46.46% reported in 2017Q2 SEC filing. American Tower Corporation (REIT ) ( AMT ) holds the market capitalization of $64.89B along with 432.50M outstanding shares. (more...)
Olstein Capital Management, Lp Increases Its Position in JM Smucker Company (SJM) Olstein Capital Management, Lp Increases Its Position in JM Smucker Company (SJM)
- November 14, 2017

The company was upgraded on Monday, October 24 by Barclays Capital. (NYSE:ALV) earned "Overweight" rating by KeyBanc Capital Markets on Thursday, February 9. Old Second Bankshares Of Aurora has invested 0.02% of its portfolio in J M Smucker Co (NYSE:SJM). Analysts await J M Smucker Co (NYSE:SJM) to report earnings on November, 16 before the open. (more...)
Investors ask trade group if Venezuela sovereign debt is in default Investors ask trade group if Venezuela sovereign debt is in default
- November 14, 2017

The agency said on Tuesday it didn't have high expectations for the country, assessing the chances of Venezuela defaulting again within a three-month grace period at 50 per cent, which would result in a "default" rating. Mr Aissami, who has been accused of drug trafficking by the U.S., is himself on the list of Venezuelan individuals sanctioned by the U.S. treasury department. (more...)
Lidl Now UK's Fastest Growing Supermarket For Fifth Consecutive Period Lidl Now UK's Fastest Growing Supermarket For Fifth Consecutive Period
- November 14, 2017

Kantar said overall United Kingdom grocery sales increased in value by 3.2% year on year in the 12-week period. "Prices have been rising since the 12 weeks to 1 January 2017, following a period of grocery price deflation which ran for 30 consecutive periods from September 2014 to December 2016", the market research firm said. (more...)
Amazon is making a Lord of the Rings TV series Amazon is making a Lord of the Rings TV series
- November 14, 2017

The original series will be produced by Amazon Studios in cooperation with the Estate of J R R Tolkien, publishing house HarperCollins, and New Line Cinema, a division of Warner Bros. The move arrives after Amazon has pledged to further up content investment in the coming year, with an eye on big, globally popular shows like Game of Thrones . (more...)
Cohen & Steers Qualityome Realty (RQI) Receives Daily News Impact Score of 0.46
- November 14, 2017

Short shares increased from 20,210 to 179,769 over that period. Cohen & Steers Reit and Preferred Income Fund Inc (NYSE:RNP) is expected to pay $0.12 on Nov 30, 2017. Keefe, Bruyette & Woods reaffirmed a "hold" rating and set a $45.00 price target on shares of Cohen & Steers in a research note on Friday, October 20th. (more...)
Vidya Balan shocked over question about her weight Vidya Balan shocked over question about her weight
- November 14, 2017

However, the bold and the handsome Vidya Balan gave a savage reply that won our hearts. Vidya, known for films like " Parineeta ", " Paa " and " The Dirty Picture ", feels it is time to "re-look" at the attitude towards sex. I am happy with the work I am now doing. The male actor would always get a bigger van, a bigger hotel. Yet the actress is subjected to questions that are downright insulting to her stature. (more...)
Buffalo Wild Wings (BWLD) Receives Takeover Offer From Roark Capital Buffalo Wild Wings (BWLD) Receives Takeover Offer From Roark Capital
- November 14, 2017

American International Group Inc reports that it sold 675 shares in the previous quarter decreasing its stake in Buffalo Wild Wings ( BWLD ) by 1.6%. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of USA & worldwide copyright and trademark legislation. (more...)
Credit Suisse fined $135m for NY forex investigation Credit Suisse fined $135m for NY forex investigation
- November 14, 2017

The agreement is the latest in a string of global regulatory settlements with big Wall Street banks over forex trading practices. Apparently, Credit Suisse utilized a range of measures that included chatroom cartels, anti-competitive business practices and software created to automatically swindle the Swiss banks own customers, the " New York Post " wrote in an article on Tuesday. (more...)
FY2017 Earnings Estimate for Chipotle Mexican Grill, Inc. (CMG) Issued By Wedbush FY2017 Earnings Estimate for Chipotle Mexican Grill, Inc. (CMG) Issued By Wedbush
- November 14, 2017

Several equities research analysts recently weighed in on the stock. The 14-day ADX for Chipotle Mexican Grill ( CMG ) is now sitting at 32.69. The stock has a market capitalization of $7,889.69, a PE ratio of 48.18, a price-to-earnings-growth ratio of 2.42 and a beta of 0.44. (more...)
Sun Pharma Q2 profit dives 59%, but beats estimates Sun Pharma Q2 profit dives 59%, but beats estimates
- November 14, 2017

Profit came in at Rs 912 crore ($139.48 million) in the quarter ended September 30, compared with Rs 2,235 crore a year ago, the company said. However, that was better than the INR8.27 billion estimated by analysts polled by Thomson Reuters . (more...)
ATC acquiring Indian tower units from Vodafone and Idea for $1.2 billion
- November 14, 2017

After Vodafone India and Idea complete their merger, 6,300 company-located tenancies of the two operators on the combined standalone tower businesses will collapse into single tenancies over a period of two years without the payment of exit penalties. (more...)
Saif Ali Khan's Special Gift For Taimur Ali Khan On Children's Day Saif Ali Khan's Special Gift For Taimur Ali Khan On Children's Day
- November 14, 2017

Well, daddy cool Saif Ali Khan surely knows how to impress and bring a cute giggling smile on the little nawab's face. According to a report in Bollywoodlife, com, after buying the auto, the actor interacted with media and when asked about Taimur's Children's days gift, Saif was quoted as saying, " I think I'll give him this vehicle. (more...)
Connected toys can be hacked by 'almost anyone'
- November 14, 2017

Argos, which sells the Furby Connect and I-Que Intelligent Robot, said in a statement to IT Pro: "We haven't received any complaints about these products but we are in close contact with the manufacturers, who are already looking into these recommendations". (more...)
EgyptAir's Bombardier CSeries outline deal valued at $1.1 billion
- November 14, 2017

Bombardier hasn't sealed a major purchase since Delta Air Lines ordered 75 aircraft in April 2016. "We are confident that our small single-aisle C Series is ideally-suited to serve the hot temperature environments of the region". In October, it said it would impose an 80 per cent duty on top of duties of almost 220 per cent on the aircraft, a benefit for rival Boeing. With the EgyptAir announcement, up to 85 new CSeries jets are covered by commitments disclosed since Bombardier agreed ... (more...)
Flying vehicle company Terrafugia bought by China's Geely Flying vehicle company Terrafugia bought by China's Geely
- November 14, 2017

The two companies plan to utilise their respective expertise to further the development of flying cars, with Terrafugia already having tripled its United States engineering team as part of an expansion ahead of the takeover. The Chinese automotive giant, which also owns Volvo, said Terrafugia would benefit from its significant expertise and track record of innovation across the globe. (more...)
Vodafone shares soar on outlook boost
- November 14, 2017

The world's second-largest mobile carrier by subscribers said in the six months ended September 30 that it made a pretax profit of 2.16 billion euros ($2.52 billion), up 55% on the same period a year earlier. Colao added that in the second half of the year the company will continue to implement strategic initiatives, including fibre infrastructure expansion in Germany, Portugal and the United Kingdom along with its entry into the consumer internet of things (IoT) market. (more...)
Euro Zone Economy Continues to Expand Euro Zone Economy Continues to Expand
- November 14, 2017

Strong German GDP buoyed European markets with the Euro Stoxx 50 (which tracks Europe's largest 5 companies) up 0.2 per cent to 3,581.41 and Germany's DAX up 0.24 per cent to 13,105.84. Furthermore, annual growth was seen rising from 2.3% in 2017 to 2.4% in 2018 as Berlin "engages in significant fiscal stimulus following the election". (more...)
This is how long you have to spend your old £10 note This is how long you have to spend your old £10 note
- November 14, 2017

The new version is two and a half times stronger than its paper counterpart (and is better at surviving the washing machine). The new tenner is the first Bank of England note with a tactile feature to help blind and partially-sighted users. (more...)
China overtakes the U.S. in race for supercomputer dominance China overtakes the U.S. in race for supercomputer dominance
- November 14, 2017

In a list of the world's 500 fastest supercomputers , China sits pretty with 202 on the list. "For the second time in a row there is no system from the USA under the TOP3", Top500 said in a statement. They're used for various things such as weather forecasting, nuclear weapons simulation and even to track space activity. A "petaflop" is one thousand trillion "flops". (more...)
Amazon to sell China cloud services unit in $300 million deal Amazon to sell China cloud services unit in $300 million deal
- November 14, 2017

The U.S. company has agreed to sell its China-based web services business to Beijing Sinnet, the local partner that operates it, according to a filing on the Shenzhen Stock Exchange that was noted by The Wall Street Journal and Reuters . (more...)
Rs 1430 crore seized by IT department from Sasikala's properties Rs 1430 crore seized by IT department from Sasikala's properties
- November 14, 2017

Sasikala and her extended family members, Income Tax authorities on Monday said that up to this point, tax avoidance on wage of ₹1,430 crore had been recognized. To a question on the nature of undisclosed income, he said this relates to unexplained cash and unexplained cash introduced for acquiring several businesses. (more...)
Bharti Infratel shares fall as Airtel subsidiary sells stake Bharti Infratel shares fall as Airtel subsidiary sells stake
- November 14, 2017

With this movement, the share price of Bharti Infratel tumbled by almost 4% on stock exchanges. Bharti Airtel will primarily use the proceeds from this sale to reduce its debt. The shares were sold through the stock exchanges. As of September 2017, Airtel's consolidated debt stood at Rs. 91,480 crores. Goldman Sachs, JP Morgan and UBS were joint placing agents. (more...)
Salesforce.com Inc (CRM) Stake Lifted by Rhumbline Advisers Salesforce.com Inc (CRM) Stake Lifted by Rhumbline Advisers
- November 14, 2017

The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . In other Salesforce.com news, Director Susan Wojcicki purchased 1,443 shares of the company's stock in a transaction dated Monday, December 5th. (more...)
Tesco's £3.7bn takeover of Booker given green light
- November 14, 2017

The U.K. Competition and Markets Authority provisionally cleared a merger between Great Britain's number one grocer, Tesco PLC (TSCO.LN), and wholesaler Booker Group PLC (BOK.LN), saying that the level of competition in their respective markets is sufficient to counterbalance any rise in prices or reduction in service levels. (more...)
Over 400 Millionaires Ask That GOP Not Approve Tax Overhaul Over 400 Millionaires Ask That GOP Not Approve Tax Overhaul
- November 14, 2017

The letter is primarily aimed at congressional Republicans, who are considering various proposals that would result in the richest Americans paying less in taxes than they do now. This makes no sense", Crandall said. The belief is that putting more money into the pockets of individuals will spur more investment in the us economy, and more revenue for corporations can lead to new business ventures and more job creation. (more...)