Business


Govt notifies Rs. 200 currency notes Govt notifies Rs. 200 currency notes
- August 23, 2017

The finance minisatry, in a notification, said that on the recommendations of the Central Board of Directors of the RBI , "the central government hereby specifies the denomination of banknotes of the value of two hundred rupees". The Reserve Bank of India (RBI) on 18 August notified that a new Rs 50 banknote will be issued shortly under the Mahatma Gandhi series, while bank notes issued under the earlier series will remain legal tender. (more...)
Narayana Murthy's call with Infosys investors postponed to next week Narayana Murthy's call with Infosys investors postponed to next week
- August 23, 2017

One of the U.S. law firms, Rosen Law Firm, said in a statement that it is investigating "potential securities claims" on behalf of Infosys shareholders resulting from allegations that the firm may have issued materially misleading business information to the investing public. (more...)
Stocks Reach Important Points: CVS Health Corporation (CVS), HCA Healthcare, Inc. (HCA)
- August 23, 2017

Cvs Health Corporation now has $79.05B valuation. Over the past five trading sessions it is -2.09%; 0.79% for the month; 1.7% for the last quarter; -2.66% for the past six-months; and -19.96% for the last 12 months. The stock of CVS Health Corp (NYSE:CVS) earned "Buy" rating by Tigress Financial on Friday, April 28. Vetr lowered CVS Health Corporation from a "strong-buy" rating to a "buy" rating and set a $88.97 price objective on the stock.in a report on Monday, June 12th. (more...)
Earnings Analysis Of CVS Health Corporation (CVS)
- August 23, 2017

Teva Pharmaceutical Inds Ltd now has $17.55B valuation. The stock increased 2.76% or $0.3 during the last trading session, reaching $11.15. Its down 1.46% from 314,400 shares previously. Company insiders own 0.61% of the company's stock. Hexavest owns 1.04% invested in CVS Health Corp (NYSE:CVS) for 685,140 shares. 43,298 are held by Baltimore. (more...)
France Private Sector Growth Stagnates In August France Private Sector Growth Stagnates In August
- August 23, 2017

Purchasing manager (PMI) surveys across the shared-currency region showed impressive growth in manufacturing and continuing resilience in service sector output, with Germany the stand-out performer. If confirmed, that would mark a three-month high. That's the highest reading in two months and compares with a median estimate for a slowdown in activity. (more...)
Ad group WPP cuts sales forecast on weak client demand Ad group WPP cuts sales forecast on weak client demand
- August 23, 2017

The weak pound and a handful of acquisitions gave the reported revenue column a lift though; up 13.3% to £7.4bn, or 1.9% on a constant currency basis. WPP PLC shares fell nearly 12% in London trading Wednesday after the world's largest advertizing group saw a slowdown in revenue growth in Europe and North America. (more...)
Analysts Consensus For Headlam Group (LON:HEAD) Analysts Consensus For Headlam Group (LON:HEAD)
- August 23, 2017

Nokomis Capital Llc acquired 19,660 shares as Del Friscos Restaurant Group (DFRG)'s stock rose 0.59%. The Kcm Investment Advisors Llc holds 254,199 shares with $29.29 million value, up from 246,794 last quarter. Gru reported 24,870 shares. Arrowstreet Capital LP has invested 0.01% in Del Frisco's Restaurant Group Inc (NASDAQ:DFRG). Wellington Ltd Liability Partnership owns 912,103 shares. (more...)
Baozun Inc. (NASDAQ:BZUN) To Report Earnings Baozun Inc. (NASDAQ:BZUN) To Report Earnings
- August 23, 2017

The return on equity ratio or ROE stands at 6.6 percent while most common profitability ratio return on investment (ROI) was 4.3 percent. Institutional investors and hedge funds own 27.96% of the company's stock. Its minimum price target estimates has been figured out at $20.04 while the maximum price target forecast is established at $36.08. The company's forward price to earnings ratio for next fiscal year is 28.71. (more...)
Baozun Inc. - American Deposita (NASDAQ:BZUN) Sees Significantly Higher Trading Volume Baozun Inc. - American Deposita (NASDAQ:BZUN) Sees Significantly Higher Trading Volume
- August 23, 2017

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. Baozun Inc. had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. This continues to be an interesting story, and we look forward to updating it again soon on Baozun Inc. ( BZUN ) is 4.3 percent. The return on equity ratio or ROE stands at 6.6 percent while most common profitability ratio return on investment (ROI) was 4.3 percent. (more...)
Teva Pharmaceutical Industries (NYSE:TEVA) Sees Unusual Trading Volume in Its Shares
- August 23, 2017

Advisors Asset Management Inc. increased its position in Teva Pharmaceutical Industries Limited by 37.6% in the second quarter. Deutsche Bank AG restated a "buy" rating and set a $28.00 price target (down previously from $43.00) on shares of Teva Pharmaceutical Industries Limited in a research report on Wednesday, August 9th. (more...)
Over 300000 invasive Atlantic salmon escape fish farm off BC's coast Over 300000 invasive Atlantic salmon escape fish farm off BC's coast
- August 23, 2017

In a statement on Monday, Cooke Aquaculture said it didn't know how many fish escaped, but estimated it was "several thousand". The department has been monitoring the situation and crafting a spill-response plan with Cooke, Warren said. Officials from the fish farm did not return requests for comment. Mike Rust, science advisor with the Office of Aquaculture, said their research shows farm-raised fish don't do well outside the nets. (more...)
CBA faces shareholder class action CBA faces shareholder class action
- August 23, 2017

Earlier this month, Austrac, the Australian Transaction Reports and Analysis Centre, accused the bank of more than 53,000 breaches of anti-money laundering and counter-terrorism financing laws. CBA knew about the problem in 2015 but only told the stock exchange this month after Australia's financial intelligence and regulatory agency took civil action against the bank, the legal firm says. (more...)
"Major step forward", says Ring of Fire developer
- August 23, 2017

The road will connect Webequie, Marten Falls, and Nibinamik First Nations to existing provincial highways north of Pickle Lake and Aroland First Nation. "We need to create the right training opportunities, culturally appropriate opportunities for our members in our communities also". "We're moving forward with our plan to unlock one of the biggest mineral development opportunities in nearly a century", Wynne said. (more...)
Cabot Oil & Gas Corporation Cabot Oil & Gas Corporation
- August 23, 2017

Jefferies maintained Cabot Oil & Gas Corporation (NYSE:COG) rating on Wednesday, April 19. Its share price has risen 4.34% in three months and is up 0.20% for the last five trades. It worsened, as 47 investors sold COG shares while 144 reduced holdings. A number of other hedge funds have also made changes to their positions in COG. (more...)
Las Vegas Sands Corp
- August 23, 2017

The institutional investor held 1.20 million shares of the hotels and resorts company at the end of 2016Q4, valued at $64.14 million, down from 1.27M at the end of the previous reported quarter. Brandes LP reported 2.96 million shares. Cornerstone Advsrs has 244 shares. Engineers Gate Manager Ltd Partnership has invested 0.08% of its portfolio in Las Vegas Sands Corp. (more...)
Chevron Chief John Watson Plans to Leave Next Month Chevron Chief John Watson Plans to Leave Next Month
- August 23, 2017

John Watson, who has led Chevron Corp. since 2010, is planning to step down as the oil major seeks a new chief executive officer, the Wall Street Journal said, citing people familiar with the matter. Wirth, who joined Chevron in 1982 as a design engineer, also is executive vice president (EVP) of midstream and development, a position he has held since past year. (more...)
Dodgers put LHP Wood, INF/OF Bellinger on disabled list Dodgers put LHP Wood, INF/OF Bellinger on disabled list
- August 23, 2017

Wood missed a start in early June due to the same issue, which was initially thought to be a shoulder injury but turned out to be minor. On Monday night, Wood started for the Dodgers against the Pittsburgh Pirates. Wood's been almost ideal this season, posting a 14-1 record, as well as a 2.41 ERA and 1.005 WHIP over the course of 22 games, 20 of which were starts. (more...)
A Deep Dive into Ryanair Holdings PLC (RYA.L) — Trading Focus A Deep Dive into Ryanair Holdings PLC (RYA.L) — Trading Focus
- August 23, 2017

About 202,157 shares traded. Investors sentiment decreased to 0.87 in 2016 Q4. It has underperformed by 25.18% the S&P500. Gabalex Capital Management Llc increased Wal ( WMT ) stake by 75% reported in 2016Q4 SEC filing. The rating was initiated by Macquarie Research on Tuesday, April 5 with "Neutral". Kempner Capital Management Inc. raised its position in Wal-Mart Stores by 8.5% in the first quarter. (more...)
Greenpeace says pipeline lawsuit is meritless Greenpeace says pipeline lawsuit is meritless
- August 23, 2017

The owner of the Dakota Access oil pipeline sued environmental groups Tuesday, accusing them of fraud, racketeering, inciting terrorism and other charges stemming from their opposition to the project. "This is the second consecutive year Donald Trump's go-to attorneys at the Kasowitz law firm have filed a meritless lawsuit against Greenpeace", Greenpeace USA General Counsel Tom Wetterer responded in a statement, referring to a similar 2016 lawsuit filed against Greenpeace by Resolute Forest ... (more...)
A2 Milk's profit has tripled but watch out for China A2 Milk's profit has tripled but watch out for China
- August 23, 2017

Citi analyst Sam Teeger was tipping full year revenue of $NZ555 million, 2 per cent above guidance. The A2 Milk Company's net profit surged almost 200 per cent to $NZ90.6 million in the 2017 fiscal year with profits and revenue up strongly due to booming demand for its a2 Platinum baby formula both in Australia and China. (more...)
First Majestic Silver Corp. (AG)
- August 23, 2017

TD Securities maintained the shares of FR in report on Friday, April 21 with "Hold" rating . The Price Index 12m for First Majestic Silver Corp . The value of the investment in AG went from $7,568,000 to $175,000 decreasing 97.7% quarter to quarter. (more...)
Rite Aid Corporation (RAD) closed the last trading session at $2.25
- August 23, 2017

L & S Advisors Inc decreased its stake in Applied Materials Inc (AMAT) by 4.27% based on its latest 2016Q4 regulatory filing with the SEC. The firm has "Hold" rating given on Monday, February 22 by BB&T Capital. Oklahoma-based Tru Of Oklahoma has invested 0% in The Coca-Cola Co (NYSE:KO). 10,050 are held by Girard Ptnrs Ltd. Lincoln National Corporation owns 10,463 shares or 0% of their U.S. (more...)
Automatic Data Processing Earns Average Rating of "Hold" by Analysts
- August 23, 2017

As of the end of the quarter Piedmont Investment Advisors LLC had acquired 828 shares growing its stake by 0.9%. Finally, Morgan Stanley lowered shares of Automatic Data Processing from an "equal weight" rating to an "underweight" rating and raised their price target for the stock from $98.00 to $100.00 in a report on Thursday, August 3rd. (more...)
Uber drivers hit $50M in tips, new driver app features announced Uber drivers hit $50M in tips, new driver app features announced
- August 23, 2017

Speaking of tips, Uber also revealed that it is on pace to hit $50 million in tips for drivers this week. One new feature allows drivers to set a time by which they need to be at a particular destination. Travis Kalanick resigned from his role as Uber's CEO back on June 21, which capped off a turbulent run for the company before launching its new driver-focused initiative. (more...)
Provident Financial profit warning Provident Financial profit warning
- August 23, 2017

Provident shift: But shares of Provident Financial ( PFG .LN) tumbled 57% after the lender said it expects to lose between 80 million pounds and GBP120 million in the third quarter. The interim dividend announced on the 25 July has been cancelled in order to preserve capital, and a full year payment is unlikely. 'My immediate priority is to lead the turnaround of the home credit business, ' she said. (more...)
Plains All American Pipeline, LP (PAA) Insider sold 32189 Shares
- August 23, 2017

In a report made public on Monday morning, Jefferies & Co announced that they have chose to upgrade shares of Plains All American Pipeline LP (NYSE:PAA) stock from a "Hold" to a "Buy". It dropped, as 70 investors sold UTX shares while 516 reduced holdings. 282.62 million shares or 3.33% more from 273.52 million shares in 2016Q3 were reported. (more...)
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) reported Sales of 116.7 Billion Walgreens Boots Alliance, Inc. (NASDAQ:WBA) reported Sales of 116.7 Billion
- August 23, 2017

State Street Corp raised its stake in Walgreens Boots Alliance by 1.8% in the first quarter. Webster Bank N.A. now owns 1,509 shares of the pharmacy operator's stock valued at $125,000 after buying an additional 235 shares during the period. (more...)
American Eagle Outfitters, Inc. (NYSE:AEO) Experiences Heavy Trading Volume American Eagle Outfitters, Inc. (NYSE:AEO) Experiences Heavy Trading Volume
- August 23, 2017

HighTower Advisors LLC's holdings in American Eagle Outfitters were worth $210,000 at the end of the most recent quarter. A number of other large investors have also modified their holdings of AEO . LLC increased its stake in American Eagle Outfitters by 3.1% in the second quarter. The consensus mean EPS for the current quarter is at $0.16 derived from a total of 19 estimates from the analysts who have weighed in on projected earnings. (more...)
Hong Kong shares get boost from property developers Hong Kong shares get boost from property developers
- August 23, 2017

Jefferies Group LLC raised China Unicom (Hong Kong) from an underperform rating to a buy rating in a research report on Thursday, April 27th. Also, the Hold rating count is 7 as of 08/18/17. (0003.HK) Monday reported a 3.3% rise in first-half net profit amid stronger customer growth and increased sales of gas in Hong Kong and mainland China. (more...)
Investors Targeted Stock:: Blue Buffalo Pet Products, Inc. (BUFF)
- August 23, 2017

BidaskClub cut Blue Buffalo Pet Products from a "sell" rating to a "strong sell" rating in a report on Monday, July 31st. Blue Buffalo Pet Products, Inc .is a holding company. Finally, Susquehanna Bancshares Inc reaffirmed a "positive" rating on shares of Blue Buffalo Pet Products in a research note on Thursday, April 20th. (more...)

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