Business


Gold futures settle lower on stronger United States dollar Gold futures settle lower on stronger United States dollar
- January 09, 2018

The dollar, which has remained weak after its biggest annual drop since 2003, had helped to lift assets priced in the USA currency, with gold last week registering a fourth straight weekly gain for the first time since April. Gold prices inched down on Tuesday amid expectations for more USA interest rate hikes this year. "Perhaps it is because of the strength in other markets and the apparent complacency regarding geopolitical tensions that some investors are buying gold as an insurance in ... (more...)
Prominent Runners: Yamana Gold, Inc. (AUY), Marvell Technology Group Ltd. (MRVL)
- January 09, 2018

It opened the session with a $22.97 price tag, later ranging from $22.89 to $23.24, the range at which the stock has traded at throughout the day. G-III Apparel Group, Ltd. It fall, as 34 investors sold MRVL shares while 102 reduced holdings. 376.98 million shares or 2.13% more from 369.12 million shares in 2017Q2 were reported. (more...)
UK's 'world-leading' microbeads ban comes into effect today UK's 'world-leading' microbeads ban comes into effect today
- January 09, 2018

That adds up pretty quickly. A UK-wide ban on manufacturers making products containing microbeads has come into force, in an attempt to cut down on plastics in our oceans. The landmark move is one of the world's toughest rulings in the outlawing of the miniature pieces of plastic, most of which get washed down the plughole and end up in our rivers and oceans, and follows a similar ban ushered in by the Obama administration two years ago . (more...)
Delta Air Lines (DAL) Set to Announce Earnings on Wednesday
- January 09, 2018

Dimensional Fund Advisors LP now owns 7,821,694 shares of the transportation company's stock valued at $377,169,000 after acquiring an additional 250,731 shares in the last quarter. JPMorgan Chase & Co. restated an "overweight" rating and set a $63.00 price target (down from $67.00) on shares of Delta Air Lines in a research report on Wednesday, September 27th. (more...)
Allegiant Air adding new nonstop flights to Florida, Charleston, South Carolina Allegiant Air adding new nonstop flights to Florida, Charleston, South Carolina
- January 09, 2018

Both flights are new to the market. The Sarasota flight will be year-round, while the Charleston one is seasonal, according to a release by the Indianapolis International Airport. Airline officials said more routes are possible but didn't comment on what they would be. In December, Elite Airways announced nonstop jet service between Pittsburgh International Airport and Sarasota-Bradenton International Airport. (more...)
Dominic Chappell to appear in court for withholding BHS sale information Dominic Chappell to appear in court for withholding BHS sale information
- January 09, 2018

BHS was bought for £1 from Sir Philip Green in 2015 by Retail Acquisitions (RAL), which 51-year-old Chappell was in charge of. Just over a year later, in April 2016, BHS went into administration with a £570 million black hole in its pension fund. (more...)
What Next for NextEra Energy Partners, LP (NEP) After Forming Multiple Top?
- January 09, 2018

In the latest week Eversource Energy (NYSE:ES) stock volatility was recorded 1.42% which for the previous full month was noted 1.32%. About 444,991 shares traded. Zuckerman Investment Group Llc owns 79,250 shares or 0.21% of their United States portfolio. Morgan Stanley upgraded NextEra Energy Partners, LP (NYSE:NEP) on Tuesday, December 12 to "Buy" rating. (more...)
Noteworthy Buzzers: Comcast Corporation (CMCSA), Citigroup Inc
- January 09, 2018

The company has a market cap of $193,560.00, a P/E ratio of 19.36, a P/E/G ratio of 1.83 and a beta of 1.00. Comcast Corporation (NASDAQ: CMCSA ) has a 20-Day average volume of 20.77 Million. Therefore 83% are positive. The firm has "Neutral" rating by Mizuho given on Friday, February 12. As per Monday, October 16, the company rating was maintained by KeyBanc Capital Markets. (more...)
Is reshuffle enough to revive May's fortunes? Is reshuffle enough to revive May's fortunes?
- January 09, 2018

But bigger names were also expected to leave the Cabinet, with Education Secretary Justine Greening , Business Secretary Greg Clark and the Leader of the Commons Andrea Leadsom all reported to be vulnerable as the prime minister seeks to assert her authority. (more...)
Verizon Communications Incorporated (NYSE:VZ) Stock Is Shorted More
- January 09, 2018

O'Reilly Automotive, Inc. (ORLY) has declined 1.60% since January 9, 2017 and is downtrending. It has underperformed by 4.16% the S&P500. Quantum Capital Management Llc increased its stake in Primerica Inc (PRI) by 24.66% based on its latest 2017Q3 regulatory filing with the SEC. (more...)
Traders Buy Shares of Alibaba Group (BABA) on Weakness Traders Buy Shares of Alibaba Group (BABA) on Weakness
- January 09, 2018

The stock decreased 1.14% or $2.17 during the last trading session, reaching $188.16. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since January 9, 2017 and is uptrending. (NYSE:ITG) to report earnings on February, 7. Alliancebernstein Limited Partnership invested in 0.03% or 969,008 shares. Chickasaw Mngmt Limited Liability Com holds 18,295 shares. (more...)
Jefferies Group Comments on Barrick Gold Corp's FY2017 Earnings (ABX)
- January 09, 2018

The stock decreased 0.53% or $0.08 during the last trading session, reaching $14.95. Overall, 7.94 Million shares exchanged hands versus its average volume of $4.67 Million. They are also projecting the Low EPS estimate of $0.14 and the High EPS estimate of $0.22. The company has a market capitalization of $17,440.00, a PE ratio of 7.99, a P/E/G ratio of 8.45 and a beta of -0.42. (more...)
Call for 'latte levy' on disposable coffee cups in the UK Call for 'latte levy' on disposable coffee cups in the UK
- January 09, 2018

Government officials in Britain are calling for a "latte levy" on disposable coffee cups followed by a total ban unless manufacturers can make them recyclable, according to a report published Friday. The issue is not going to go away and we're pleased that it's going to be addressed. But for now, the "latte levy" is just a proposal; whether it will actually be instituted is yet to be seen. (more...)
Starbucks espresso goes 'blonde' to lure in new coffee drinkers Starbucks espresso goes 'blonde' to lure in new coffee drinkers
- January 09, 2018

It also devoted the entire Starbucks Web site to new beverages that can be concocted with the Blonde Espresso, including the Starbucks Blonde Flat White, which is described so beautifully by the company as "Ristretto shots of Starbucks Blonde Espresso harmonize sweetly with steamed whole milk in the Flat White". (more...)
Stocks to Watch For: Macy's, Inc. (M), Chesapeake Energy Corporation (CHK)
- January 09, 2018

The stock has a market capitalization of $3.66 Billion however its outstanding shares are 922.36 Million. The stock decreased 0.50% or $0.02 during the last trading session, reaching $3.97. On Thursday, January 28 the stock rating was downgraded by Wunderlich to "Hold". When we look at the Analyst Recommendations of the stock, the company has 3.5 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. (more...)
Etihad and Emirates to share intelligence under new security agreement Etihad and Emirates to share intelligence under new security agreement
- January 09, 2018

Emirates and Etihad have joined forces to enhance airline security and efficiency. The UAE was also affected by a United States government ban on electronics imposed early a year ago. Emirates president Sir Tim Clark dismissed reports that the rulers of the UAE were discussing a potential merger of the two in March but indicated in October they could work more closely together in some areas including procurement. (more...)
Antero Res Corp (AR) Stake Held by Sailingstone Capital Partners Llc
- January 09, 2018

Akamai Technologies now has $11.14B valuation. The stock increased 2.69% or $1.69 during the last trading session, reaching $64.54. About 1.40M shares traded. (NYSE:ABBV). Miles Cap reported 16,549 shares. Us Bankshares De holds 0% of its portfolio in CNX Resources Corporation (NYSE:CNX) for 7,019 shares. Thomas White Intl Ltd holds 42,631 shares or 0.13% of its portfolio. (more...)
GoPro Exits Drone Market, Axes 20 Percent Of Workforce GoPro Exits Drone Market, Axes 20 Percent Of Workforce
- January 09, 2018

And as previously stated in this text, the company will exit the arial market as GoPro has deemed it untenable. The company was already forced to announce a price cut on December 10 for its core camera product, the HERO5, due to weak pre-holiday sales. (more...)
Home Depot Inc (HD) Stake Increased by Cribstone Capital Management LLC
- January 09, 2018

Selkirk Management Llc who had been investing in Vipshop Holdings Ltd Adr for a number of months, seems to be less bullish one the $7.32 billion market cap company. American Capital Management Inc increased Factset Research System (NYSE:FDS) stake by 1,725 shares to 280,849 valued at $50.58M in 2017Q3. Texas-based Smith Asset Mngmt Group Limited Partnership has invested 0.55% in Visa Inc. (more...)
Sugarland tour coming to TaxSlayer Center Sugarland tour coming to TaxSlayer Center
- January 09, 2018

Sugarland announced their highly-anticipated return to the stage with the Still The Same Tour, beginning this Spring in the US. Jennifer Nettles and Kristian Bush sold out the Fair's Grandstand venue in 2011 in one of the last shows they performed shortly before doing separate projects. (more...)
Pandora Media Inc (P) Pandora Media Inc (P)
- January 09, 2018

Analysts believe that the company has the potential to earn average revenue of $376.33 Million for the current quarter. Pandora Media, Inc. (NYSE:P) has declined 12.50% since January 9, 2017 and is downtrending. (NYSE:P) for 14,809 shares. (NYSE:P) on Friday, July 28 with "Hold" rating. (NYSE:P) on Friday, January 29 with "Buy" rating. Finally, Pacer Advisors Inc. (more...)
Express Scripts Holding Company (NASDAQ:ESRX) Moves Into Potential Pullback Territory
- January 09, 2018

The institutional investor held 20,884 shares of the medical and nursing services company at the end of 2017Q3, valued at $1.32M, down from 28,470 at the end of the previous reported quarter. Estabrook Mngmt stated it has 0.02% in Express Scripts Holding Company (NASDAQ:ESRX). Vermont-based Hanson & Doremus Investment has invested 0% in Express Scripts Holding Company (NASDAQ:ESRX). (more...)
Baidu launches version 2.0 of its Apollo self-driving moonshot Baidu launches version 2.0 of its Apollo self-driving moonshot
- January 09, 2018

The potential of its auto platform was also spotted by Aptiv (previously Delphi Automotive), which selected QNX to operate its own autonomous vehicle in September. Representatives from Apollo's global partners, including Udacity, Microsoft and TomTom, announced their cooperation plans with Baidu on Monday. "Baidu hopes to break down geographical boundaries with AI technology". (more...)
Bristol-Myers Squibb Co (NYSE:BMY) Stake Decreased by BB&T Corp
- January 09, 2018

Doheny Asset Management bought 7,300 shares as the company's stock declined 1.04% while stock markets rallied. The legal version of this piece can be accessed at http://www.mareainformativa.com/gamco-investors-inc-et-al-has-29-82-million-stake-in-bristol-myers-squibb-co-bmy/123354/. (more...)
State of Tennessee Treasury Department Decreases Holdings in Walt Disney Co (DIS)
- January 09, 2018

The stock decreased 0.66% or $0.39 during the last trading session, reaching $59.15. About 6.01 million shares traded. Walt Disney Company (The) (NYSE: DIS ) last released its quarterly earnings data on Tuesday, February 7th. Groesbeck Investment Management Corp Nj owns 14,050 shares. Spears Abacus Advisors LLC's holdings in Walt Disney Company (The) were worth $397,000 at the end of the most recent reporting period. (more...)
Singapore charges 11 with stealing $1.8m in fuel from Shell refinery Singapore charges 11 with stealing $1.8m in fuel from Shell refinery
- January 09, 2018

The two Vietnamese crew of the Prime South have been charged with "dishonestly receiving stolen property". The 11 men are among the 17 men arrested during raids on Sunday, after Royal Dutch Shell Plc reported the theft to police in August previous year. (more...)
$1.34 EPS Expected for Fidelity National Information Services, Inc. (FIS)
- January 09, 2018

Cigna Corporation (NYSE:CI) has risen 23.57% since January 9, 2017 and is uptrending. Clarkston Capital Partners Llc increased Facebook Inc (FB) stake by 73.62% reported in 2017Q3 SEC filing. $9.24 million worth of Fidelity National Information Services, Inc. They now have a $115.00 target price on the information technology services provider's stock. (more...)
Geode Capital Management LLC Lowered Qualcomm INC (QCOM) Holding by $7.81 Million
- January 09, 2018

Shares of QUALCOMM ( NASDAQ QCOM ) traded up $0.44 during midday trading on Friday, reaching $66.47. About 4.27 million shares traded. QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, November 1st. Wiese Edward A sold $3.06M worth of T. Rowe Price Group, Inc. Deily Linnet F sold $248,274 worth of stock. Great West Life Assurance Can owns 1.17M shares. (more...)
(UNP) Shares Sold by Veritas Investment Management LLP
- January 09, 2018

The stock increased 1.27% or $1.73 during the last trading session, reaching $137.53. During the same period last year, the firm posted $1.36 earnings per share. Zacks Investment Research lowered Union Pacific from a "hold" rating to a "sell" rating in a research note on Saturday. Therefore 52% are positive. (more...)
Which Stocks To Invest? - Sprouts Farmers Market, Inc. (SFM), Edwards Lifesciences Corporation Which Stocks To Invest? - Sprouts Farmers Market, Inc. (SFM), Edwards Lifesciences Corporation
- January 09, 2018

Following the completion of the transaction, the director now directly owns 478,965 shares in the company, valued at $11,840,014.80. The stock increased 0.60% or $0.29 during the last trading session, reaching $48.47. It fall, as 34 investors sold SFM shares while 82 reduced holdings. The -based Farr Miller & Washington Limited Co Dc has invested 1.62% in Sprouts Farmers Market , Inc. (more...)

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