Business


Alibaba Cloud to launch first data center in India Alibaba Cloud to launch first data center in India
- December 20, 2017

It offers a comprehensive suite of cloud computing services to businesses globally, including merchants doing business on Alibaba Group marketplaces, startups, corporations and government organisations. The customers will also get access to elastic computing, database, storage and content delivery, networking, analytics and big data containers, middleware and security. (more...)
Jefferies Group Brokers Increase Earnings Estimates for Express Scripts Holding Company (ESRX)
- December 20, 2017

ESRX's overall volume in the last trading session was 5,942,744 shares. About 5.94 million shares traded or 40.60% up from the average. This is not a recommendation to buy or sell Express Scripts Holding Company (NASDAQ: ESRX ). Barclays Capital maintained it with "Overweight" rating and $87 target in Wednesday, July 27 report. Leerink Swann maintained Express Scripts Holding Company (NASDAQ: ESRX ) rating on Monday, October 5. (more...)
Oil Prices Rise After Strong Crude Inventory Draw Oil Prices Rise After Strong Crude Inventory Draw
- December 20, 2017

Analysts had expected a smaller drawdown of 3.518 million barrels of the fuel. Last week, the American Petroleum Institute (API) reported a large draw of 7.385 million barrels of crude oil, but had dampened enthusiasm that the oil bulls may have had by countering that with a build of 2.334 million barrels of gasoline. (more...)
Taking A Longer Viewpoint Of Leading Brands, Inc. (LBIX), Microsoft Corporation (MSFT)
- December 20, 2017

The institutional investor held 9,765 shares of the capital goods company at the end of 2017Q2, valued at $3.53 million, down from 20,126 at the end of the previous reported quarter. Following the sale, the insider now directly owns 116,205 shares in the company, valued at approximately $9,770,516.40. It also reduced Conocophillips (NYSE:COP) stake by 105,046 shares and now owns 88,459 shares. (more...)
Has $658000 Holdings in Boardwalk Pipeline Partners LP (NYSE:BWP)
- December 20, 2017

About 3.40M shares traded. (NASDAQ:PPBI) has risen 45.98% since December 19, 2016 and is uptrending. Richmond Hill Investment Company decreased Boardwalk Pipeline Partners (BWP) stake by 8.41% reported in 2017Q2 SEC filing. Moreover, Pinnacle Lc has 0% invested in Boardwalk Pipeline Partners , LP (NYSE:BWP) for 200 shares. The Shareholder Yield (Mebane Faber) of Boardwalk Pipeline Partners , LP NYSE:BWP is 0.04117. (more...)
Asahi sells stake in China's Tsingtao for $941m Asahi sells stake in China's Tsingtao for $941m
- December 20, 2017

China is the world's largest beer market by sales, but profits have been harder to come by amid fierce competition between local brewers and global beer giants AB InBev, Heineken NV and Carlsberg. "Tsingtao is both a leading brewery in China, and a leading Chinese brand that has successfully penetrated the worldwide markets", Fosun Chairman Guo Guangchang said in the company's statement. (more...)
Rockwell Collins, Inc. (COL) VP Douglas E. Stenske Sells 3287 Shares
- December 20, 2017

Wells Fargo downgraded the stock to "Market Perform" rating in Friday, May 5 report. The institutional investor held 45,626 shares of the capital goods company at the end of 2017Q2, valued at $4.79M, up from 38,226 at the end of the previous reported quarter. (more...)
Analysts See $0.28 EPS for MGIC Investment Corporation (MTG)
- December 20, 2017

Japan-based Legg Mason Asset (Japan) Limited has invested 1% in MGIC Investment Corporation (NYSE:MTG). It has outperformed by 43.42% the S&P500.The move comes after 8 months positive chart setup for the $5.65B company. Parametric Assocs Ltd Liability Com holds 0.01% of its portfolio in MGIC Investment Corporation (NYSE:MTG) for 936,675 shares. Cantab Limited Liability Partnership has 0% invested in MGIC Investment Corporation (NYSE:MTG). (more...)
Stifel Nicolaus Reiterates $85.00 Price Target for Deckers Outdoor (DECK) Stifel Nicolaus Reiterates $85.00 Price Target for Deckers Outdoor (DECK)
- December 20, 2017

The company was maintained on Friday, September 29 by Piper Jaffray. The stock of Deckers Outdoor Corporation (NYSE:DECK) has "Outperform" rating given on Friday, October 27 by Telsey Advisory Group. Brinker Capital Incorporated reported 0.06% stake. (NASDAQ:AVID). 26,700 were accumulated by Alliancebernstein Limited Partnership. (NASDAQ:AVID). Putnam Investments Ltd holds 50,000 shares. (more...)
Halozyme Therapeutics Inc Institutional Investor Sentiment Improved in Q2 2017
- December 20, 2017

The stock decreased 2.06% or $0.06 during the last trading session, reaching $2.97. About 285,673 shares traded. It has outperformed by 28.19% the S&P500. (NASDAQ: HALO ). Aperio Grp Llc, a California-based fund reported 28,823 shares. Proshare Limited stated it has 0.01% in Halozyme Therapeutics, Inc . (more...)
Hot Tickers: JC Penney Company, Inc. (JCP), Wells Fargo & Company
- December 20, 2017

More interesting news about Wells Fargo & Company (NYSE: WFC ) were released by: Seekingalpha.com and their article: "President Trump's Wells Fargo Comments Analyzed" published on December 11, 2017 as well as Reuters.com's news article titled: "In a push upmarket, Wells Fargo gives top brokers raises in 2018" with publication date: December 01, 2017. (more...)
100% electric Nissan turns over a new Leaf 100% electric Nissan turns over a new Leaf
- December 20, 2017

With production starting now, the first customers are due to get their models in February 2018. Nissan says the new Leaf boasts a range of 235 miles on a single charge. After becoming the main hub for European Leaf production back in 2013, Sunderland has helped the production of more than 85,000 units for the European market - making it one of the best-selling EVs now on sale on the continent. (more...)
Amazon.com (NASDAQ:AMZN) Given Buy Rating at Morgan Stanley
- December 20, 2017

Grandfield & Dodd Llc who had been investing in Enbridge Inc for a number of months, seems to be less bullish one the $65.03B market cap company. About 305,731 shares traded or 21.63% up from the average. (NASDAQ:AMZN). Calamos Wealth Management Ltd Limited Liability Company, Illinois-based fund reported 4,439 shares. Polaris Greystone Llc invested 0.03% of its portfolio in Amazon.com, Inc. (more...)
Biogen Earns Top Stock Status; Gilead Sciences Downgraded Biogen Earns Top Stock Status; Gilead Sciences Downgraded
- December 20, 2017

Las Vegas Sands Corp. It has outperformed by 18.90% the S&P500. Contrarius Investment Management Ltd increased its holdings in Gilead Sciences by 2,630.1% in the first quarter. GILD's profit will be $2.18B for 11.13 P/E if the $1.67 EPS becomes a reality. Piper Jaffray maintained Gilead Sciences, Inc. It also upped Texas Instrs Inc (NASDAQ:TXN) stake by 41,856 shares and now owns 809,093 shares. (more...)
Pfizer (PFE) to Repurchase $10.00 billion in Shares
- December 20, 2017

The firm earned "Neutral" rating on Friday, December 2 by Guggenheim. Shares of Pfizer (NYSE PFE) opened at $36.94 on Friday. See Tableau Software, Inc. (NYSE:PFE) earned "Buy" rating by Piper Jaffray on Friday, August 14. The rating was reinitiated by JP Morgan on Thursday, April 7 with "Overweight". (more...)
Reviewing the Current Circumstance for Schlumberger Limited (SLB), KeyCorp (KEY)
- December 20, 2017

The stock traded within a range of $62.25 and $64.04. Schlumberger Limited ( SLB ) maintained activity of 8.38 million shares that trade hands on average basis while its relative volume is 1.29. Cibc World Mkts holds 0.03% in Schlumberger Limited (NYSE:SLB) or 119,913 shares. Weatherly Asset Mgmt Ltd Partnership holds 0.68% or 15,687 shares in its portfolio. (more...)
Wasatch Advisors INC Holding in Copart INC (CPRT) Boosted by $114.62 Million
- December 20, 2017

Nuveen Asset Mngmt Limited Company has invested 0% in Copart, Inc. Riverhead Mngmt reported 27,351 shares. Wasatch Advisors Inc, which manages about $19.28 billion and $7.17B US Long portfolio, decreased its stake in Lgi Homes Inc. The company was initiated on Monday, January 18 by Jefferies. CJS Securities reissued an "outperform" rating and set a $42.00 price target on shares of Copart in a report on Thursday, October 5th. (more...)
Bin collection changes in Peterborough over Christmas and new year Bin collection changes in Peterborough over Christmas and new year
- December 20, 2017

It will close at noon on Christmas and New Year's Eve. If you have any recycling that cannot fit in your green bin, you can put this in clear bags next to your green bin on its collection day. Peterborough City Council's brown bin garden waste collections will be monthly in December and January. "Please be aware that your next recycling collection day will be on a different day to normal due to collection changes over Christmas". (more...)
BlackBerry beats expectations with quarterly earnings BlackBerry beats expectations with quarterly earnings
- December 20, 2017

Excluding one-off items and amortisation costs, earnings per share (EPS) for the three months to the end of November totalled three USA cents, beating market expectations of a break-even result. BlackBerry said it again reported record software and services revenue, for the second quarter in a row, though it moved back into the red. Enterprise software and services revenue rose to $190 million from $160 million, while handheld device sales dropped to $9 million from $62 million. (more...)
Nike Inc (NKE) Chairman Mark G. Parker Sells 135000 Shares Nike Inc (NKE) Chairman Mark G. Parker Sells 135000 Shares
- December 20, 2017

The stock of NIKE, Inc . The stock decreased 1.10% or $0.34 during the last trading session, reaching $30.48. The shares were sold at an average price of $65.00, for a total transaction of $8,775,000.00. 28,825 were accumulated by Connor Clark Lunn Management Ltd. 500 are owned by First Financial Corporation In. Art Advsr Ltd Llc reported 33,300 shares. (more...)
UK Retail Sales Continue Rising Trend In Run-up To Christmas UK Retail Sales Continue Rising Trend In Run-up To Christmas
- December 20, 2017

Retailers have reported an average run-up to Christmas, according to the CBI's survey of the industry. The furniture chain Multiyork is being wound down after administrators were called in last month, while almost 3,000 jobs have gone at the collapsed groceries wholesaler Palmer & Harvey. (more...)
International Monetary Fund downgrades United Kingdom growth forecast International Monetary Fund downgrades United Kingdom growth forecast
- December 20, 2017

But PwC expects Brexit related-uncertainty to leave the United Kingdom on the growth sidelines next year, with a GDP expansion here of just 1.4 per cent pencilled in for next year. In 2017, UK Gross Domestic Product growth is expected to be 1.5%, the weakest since 2012. The economic activity was affected by the surge in inflation after the referendum in June 2016, triggered by a record fall in the pound on the night of the referendum. (more...)
Best Stocks To Invest: Herbalife Ltd. (HLF), GameStop Corp. (GME)
- December 20, 2017

Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Typically bull markets are times when investors may be willing to be a bit more speculative with stock selection. (more...)
Has $57.81 Million Position in Spirit AeroSystems Holdings, Inc. (SPR)
- December 20, 2017

The company had a trading volume of 1,070,000 shares, compared to its average volume of 1,206,560. Analysts await Spirit AeroSystems Holdings, Inc. American Express Company (NYSE:AXP) has risen 22.41% since December 18, 2016 and is uptrending. (more...)
Trov and Waymo collaborate on ridehailing insurance program Trov and Waymo collaborate on ridehailing insurance program
- December 20, 2017

Tivo will give Waymo's travelers protection for lost and oversaw the property, and for any restorative costs coming about because of rides, reports the Wall Street Journal . Founded in 2012, Trov launched in the United Kingdom and Australia previous year with plans to launch in the U.S.in 1H18 after receiving regulatory approvals. (more...)
Netflix US subs equal to cable TV
- December 20, 2017

The survey shows that 73 per cent of respondents subscribed to a pay-TV service this year, which is down from 76 per cent in 2016, and 79 per cent in 2015. On the other end of the spectrum, 87 percent of respondents 18-24, and 90 percent between 25-34 said they stream their shows. 53% of cord trimmers report paying more for their services in 2017 than they did in 2016. (more...)
Founder of Bitcoin Rival Litecoin Sells His Cryptocurrency After 7500% Rally Founder of Bitcoin Rival Litecoin Sells His Cryptocurrency After 7500% Rally
- December 20, 2017

The exit is about eliminating the appearance of conflicts, he says, noting he often gets excoriated for pumping the price, and sometimes even gets accused of shorting Litecoin. I'm not stopping Litecoin. I will even now invest all my energy taking a shot at Litecoin. However, the price of Litecoin actually went up after he sold his holdings, and does not seem to have been materially affected. (more...)
Legal & General Group Plc Buys 24015 Shares of Vulcan Materials (NYSE:VMC)
- December 20, 2017

The latest exchange of 0.65 Million shares is below its average trading activity of 921.85 Million shares. About 691,595 shares traded or 81.41% up from the average. Fincl Bank Of New York Mellon Corporation, New York-based fund reported 294,483 shares. Independent Port Consultants Inc has invested 0.03% in Vulcan Materials Company (NYSE:VMC). (more...)
BT share price: Group legally forced to improve broadband speeds BT share price: Group legally forced to improve broadband speeds
- December 20, 2017

The government did not feel the proposal was strong enough to "take the regulatory USO off the table" so did not choose this option. Early next year, the United Kingdom government will set out the legal design for the right to high-speed broadband and, once the legislation is laid out, implementation is expected to take two years, it said. (more...)
Buffett conglomerate shares break $300K Buffett conglomerate shares break $300K
- December 20, 2017

The stock has a market cap of 58.59 Billion. The volume of 0.55 Million shares climbed down over an trading activity of 367.25 Million shares. In 1962, Buffett - already a savvy investor with a keen eye - noticed that every time Berkshire Hathaway was forced to close a mill, its stock would momentarily rise. (more...)

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