Business


Wells Fargo now says 3.5 million impacted by sales scandal Wells Fargo now says 3.5 million impacted by sales scandal
- September 01, 2017

We believe that a more well-rounded sales incentive program is likely to reduce the cost of wasted employee time , improve front-line morale, and result in higher long-term shareholder value over time . "To rebuild trust and to build a better Wells Fargo, our first priority is to make things right for our customers, and the completion of this expanded third-party analysis is an important milestone". (more...)
Itau Unibanco Banco Holding SA (NYSE:ITUB) Under Analyst Spotlight Itau Unibanco Banco Holding SA (NYSE:ITUB) Under Analyst Spotlight
- September 01, 2017

It has underperformed by 15.46% the S&P500. Shares last traded at $12.86 a tad above $12.11, the stock's 50 day moving average and a tad higher than the 200 day moving average of $11.98. The value of the position overall is up by 602.9%. These funds have also shifted positions in ( ITUB ). Cibc Asset holds 227,890 shares. 620.05 million shares or 0.84% less from 625.33 million shares in 2016Q3 were reported. (more...)
Terreno Realty Corp (TRNO)
- September 01, 2017

With an institutional ownership near 0%, it carries an earnings per share ratio of 0.46. The Benjamin F Edwards & Company Inc holds 33,224 shares with $1.91M value, up from 27,362 last quarter. PFEIFFER MICHAEL R sold $607,776 worth of stock. Finally, Zacks Investment Research cut shares of Realty Income Corporation from a "hold" rating to a "sell" rating in a research note on Wednesday, June 28th. (more...)
How to avoid a Hurricane Harvey charity scam How to avoid a Hurricane Harvey charity scam
- September 01, 2017

Experts say both types have a role in times like these. Dishonest charities may use impressive names, or names that closely resemble those of respected, legitimate organizations. It's done in order to obtain people's money or private information. GlobalGiving, a crowdfunding site for charities, is trying to raise $2 millionfor local relief and recovery efforts. (more...)
Gas shortage rumors lead to runs on station pumps Gas shortage rumors lead to runs on station pumps
- September 01, 2017

Because gas stations post the station's prices in big numbers on outdoor signs, all a competitor has to do is look down the street to get a perspective on where prices should be. "If you price gouge anybody, you could be subject to penalties of up to $25,000 per incident". "It does create a shortage", said Burns. "So people who wouldn't ordinarily buy gas until next week or the week after are racing out to buy gas and that's depleting the supplies as well", Mason said. (more...)
Unemployment rate up as 156K jobs added in August Unemployment rate up as 156K jobs added in August
- September 01, 2017

The economy has averaged monthly job gains of 176,000 so far this year. Average hourly pay rose just 2.5 percent over the 12 months that ended in August. He has pledged to add 25 million jobs over the next decade - a goal economists say is unrealistic. Still, the August jobs report comes as Americans have grown more optimistic. (more...)
Dow Chemical, DuPont complete merger to form DowDuPont Dow Chemical, DuPont complete merger to form DowDuPont
- September 01, 2017

Post-merger, Dow and DuPont are expected to break up into three independent, publicly traded units. Company officials say the three new companies will be global leaders. The new combined entity said the transaction is expected to result in run-rate cost synergies of approximately United States dollars 3 billion and the potential for approximately USD 1 billion in growth synergies. (more...)
Active Mover - Chipotle Mexican Grill, Inc. (NYSE:CMG) Active Mover - Chipotle Mexican Grill, Inc. (NYSE:CMG)
- September 01, 2017

It has underperformed by 16.70% the S&P500. Edge Asset Management, Inc augmented its holdings by buying 10,600 shares an increase of 19.5% in the quarter. (NYSE:CMG) earned "Hold" rating by Maxim Group on Wednesday, April 26. Oppenheimer maintained Chipotle Mexican Grill, Inc . RBC Capital Markets maintained it with "Outperform" rating and $465 target in Tuesday, October 18 report. (more...)
Palo Alto Networks Stock Surges on Q4 Beat, JPMorgan Upgrade Palo Alto Networks Stock Surges on Q4 Beat, JPMorgan Upgrade
- September 01, 2017

Glynn Capital Management Llc who had been investing in Palo Alto Networks Inc . for a number of months, seems to be bullish on the $12.18B market cap company. " Palo Alto Networks delivers the industry's first multi-method, scalable and automated approach created to prevent credential-based attacks". Baystate Wealth Ltd Llc owns 0% invested in Palo Alto Networks Inc (NYSE: PANW ) for 50 shares. (more...)
Volkswagen launches auto scrappage scheme worth up to £6000 Volkswagen launches auto scrappage scheme worth up to £6000
- September 01, 2017

So, for example, an e-Golf, which gets a £4,500 grant from the government, will also have VW trade-in saving of £5,500, adding up to £10,000 off in total. If you own a diesel vehicle manufactured before 2009/2010, you might be able to get a scrappage value of up to €6,500. The four schemes are broadly similar. (more...)
Baxter International Inc. (BAX): A Detailed Look at its Institutional Ownership
- September 01, 2017

State Street Corp who had been investing in Baxter International Inc for a number of months, seems to be bullish on the $33.50B market cap company. (NYSE:DHI) traded up 2% in the last session while performance was up 36.15% in the last five days. (more...)
NextEra Energy, Inc. (NEE) Receives NextEra Energy, Inc. (NEE) Receives "Buy" Rating from KeyCorp
- September 01, 2017

A-D-Beadell Investment Counsel Inc increased its stake in Nextera Era Energy Partners (NEP) by 35.72% based on its latest 2016Q4 regulatory filing with the SEC. Hgk Asset Mngmt holds 2.23% of its portfolio in American International Group Inc (NYSE:AIG) for 250,223 shares. Manufacturers Life Ins Company The invested in 0% or 1,492 shares. (more...)
Brokers Issue New Targets On Take-Two Interactive Software, Inc. (NASDAQ:TTWO)
- September 01, 2017

The stock decreased 1.38% or $0.13 during the last trading session, reaching $9.32. About 318,992 shares traded. Traders are a little more bullish on shares of Take-Two Interactive Software, recently as indicated by the downtick in short interest. (more...)
Some areas of Texas see Harvey-related gas shortages Some areas of Texas see Harvey-related gas shortages
- September 01, 2017

Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 70 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. (more...)
Aftab Shivdasani, Nin Dusanj renew their marriage vows Aftab Shivdasani, Nin Dusanj renew their marriage vows
- September 01, 2017

I thank the Lord everyday for having you in my life. Apparently, both Aftab and Nin were holidaying in Sri Lanka and they loved the place where they were staying so much that they chose to get hitched there. The grand wedding took place on the south eastern coast of Sri Lanka. And Aftab's friend Vikram Chopra shared their wedding video on Instagram. The two-day lavish celebration included the Mehendi and a beach party before the wedding. (more...)
Nutanix, Inc. (NASDAQ:NTNX) To Report Earnings Nutanix, Inc. (NASDAQ:NTNX) To Report Earnings
- September 01, 2017

The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares. Nutanix's revenue was up 61.7% compared to the same quarter a year ago. Also, SVP Rajiv Mirani sold 20,000 shares of the business's stock in a transaction that occurred on Thursday, June 15th. (more...)
Ctrip.com International, Ltd. - (NASDAQ:CTRP) Experiences Heavy Trading Volume
- September 01, 2017

Looking forward, the company is now anticipating subscription revenue in a range of $1.750 billion to $1.757 billion for fiscal 2018. Since the beginning of the calendar year, the stock is 31.20%. However, the stock is trading at -15.17% versus recent highs ($60.65). International, Ltd. (Ctrip), launched on March 1, 2000, is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. (more...)
The Walt Disney Company (The) (DIS) Given The Walt Disney Company (The) (DIS) Given "Hold" Rating at Loop Capital
- September 01, 2017

The stock of Walt Disney Co (NYSE: DIS ) earned "Buy" rating by FBR Capital on Friday, August 28. On Thursday, April 14 the stock rating was maintained by Panmure Gordon with "Buy". The stock has "Sell" rating by BMO Capital Markets on Wednesday, August 9. More interesting news about Walt Disney Co (NYSE:DIS) were released by: Cnbc.com and their article: "Layoffs looming at ABC as Disney aims to cut 10 percent of costs" published on August 31, 2017 as well as Fool.com's news article titled: "1". (more...)
University loses $11.9m in phishing attack University loses $11.9m in phishing attack
- September 01, 2017

But the school had made payments to what it thought was the company: $1.9 million on Aug. 10, $22,000 on Aug. 17, and $9.9 million on Aug. 19-a total of $11.8 million to a fraudulent account, with the money eventually being traced to Canada and Hong Kong, reports the CBC . (more...)
Today's weather for Friday, Sept. 1, 2017: Clear skies, cooler temperatures await Today's weather for Friday, Sept. 1, 2017: Clear skies, cooler temperatures await
- September 01, 2017

The sun will be out on Friday as well as Saturday , the first day of the three-day Labor Day weekend . Friday will be mostly cloudy and then become gradually become sunny, with a high near 75. Off-and-on shower chances all day Saturday with cloudy skies. A few showers may linger Sunday morning, but clouds will clear a little bit, allowing sunshine to warm us to the mid-to-upper 70s. (more...)
Corpus Christi port allowing vessels up to 43' draft: Coast Guard
- September 01, 2017

Many other Texas refineries further east, including the nation's two largest refineries, Saudi Aramco's Motiva, and Exxon Mobil Corp's Baytown, remain shut or are operating at reduced levels. The Port of Corpus Christi Authority (PCCA) recently announced the facility is in the post-storm stage of its 2017 Port Hurricane Readiness Plan. Paragon Offshore reported that the crew of both vessels were safe and the drillship appeared to be "stable". (more...)
Harvey causes gas prices to go up Harvey causes gas prices to go up
- September 01, 2017

The average highest price recorded at the pump was $2.42 per gallon in March. Drivers across the country will be paying more for gas over Labor Day weekend after Hurricane Harvey forced some of the nation's oil refineries to temporarily close, including those in Arizona. (more...)
Where Technical Charts Stands for Universal Health Services, Inc. (UHS) Where Technical Charts Stands for Universal Health Services, Inc. (UHS)
- September 01, 2017

Its down 0.02, from 1.03 in 2016Q3. The number of shares now owned by investors are 95.41 mln. 88 funds opened positions while 253 raised stakes. Finally, Principal Financial Group Inc. On Wednesday, November 23 the stock rating was downgraded by BMO Capital Markets to "Market Perform". It also reduced Hennessy Cap Acquisition Cor stake by 87,700 shares and now owns 912,300 shares. (more...)
Properties worth Rs 14000 crore under scanner of income-tax department Properties worth Rs 14000 crore under scanner of income-tax department
- September 01, 2017

The minister said government has taken steps to squeeze out cash from the system and his next step would be stop use of black money in elections. According to Reserve Bank data released on Wednesday, nearly all the Rs 15.44 lakh crore worth of Rs 500 and Rs 1,000 currency notes were returned to the banking system. (more...)
US Gulf Coast energy infrastructure shut due to Harvey US Gulf Coast energy infrastructure shut due to Harvey
- September 01, 2017

The storm has set a rainfall record for tropical cyclones in Texas, the National Weather Service said. Nearly 3 million barrels of oil a day can't be refined into gasoline and other products - about 16% of USA refining capacity, according to Goldman Sachs . (more...)
Coeur Mining, Inc. (NYSE:CDE) Stock Closed Above Its 50 Day Average
- September 01, 2017

Toronto Dominion Bancorporation holds 0% or 287 shares. About 1.08 million shares traded. The insider now holds 246,468 shares of Coeur Mining, Inc. It has outperformed by 4.79% the S&P500. The investment professionals in our partner's database reported: 119.74 million shares, up from 113.09 million shares in 2016Q3. The stock decreased 2.40% or $0.21 during the last trading session, reaching $8.54. (more...)
Teacher Called Her Out For Menstrual Blood. She Killed Herself Teacher Called Her Out For Menstrual Blood. She Killed Herself
- September 01, 2017

This is exactly why a minor ended her life: Her teacher had reprimanded her when her school uniform got stained with menstrual blood. The girl killed herself after jumping from the rooftop of her neighbour's house and left a suicide note. (more...)
Consolid (NASDAQ:COKE) Stock Traded -6.7% Below Its 50 Day Average Consolid (NASDAQ:COKE) Stock Traded -6.7% Below Its 50 Day Average
- September 01, 2017

The firm saw a rise in short interest between July 31, 2017 and August 15, 2017 of 1.06%. Monarch Capital Management Inc decreased Coca (KO) stake by 12.89% reported in 2016Q4 SEC filing. Tiaa Cref Tru Communication Fsb Mo reported 190,771 shares stake. 217,031 are held by Ameritas Invest Inc. M&T Natl Bank Corporation has invested 0.67% of its portfolio in The Coca-Cola Co (NYSE:KO). (more...)
Indivior To Appeal Ruling To Defend Intellectual Property For Suboxone Film Indivior To Appeal Ruling To Defend Intellectual Property For Suboxone Film
- September 01, 2017

The shares tumbled 39% to 254p, plummeting to the bottom of the FTSE 250 . The United States District Court, Delaware, has delivered judgement in favour of Dr Reddy's Laboratories, ruling that the proposed generic version of Suboxone (buprenorphine and naloxone) sublingual film does not infringe USA patent as asserted by Indivior . (more...)
Volkswagen to offer diesel scrappage scheme in UK Volkswagen to offer diesel scrappage scheme in UK
- September 01, 2017

All part-exchange vehicles traded in under the scheme will be scrapped rather than re-sold. Incentives range from £1,800 off a new VW Up! to £6,000 off a Sharan people carrier. The rush to scrappage comes on the back of sliding sales in the United Kingdom retail vehicle industry. The offer stands for any make or model of diesel auto first registered in the United Kingdom before December 2009, and marks another recovery effort from the company battered by a massive emissions scandal two ... (more...)

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