Business


Asia's tycoon, billionaire and empire-builder Li Ka-shing retires Asia's tycoon, billionaire and empire-builder Li Ka-shing retires
- March 16, 2018

There was a media report past year indicating Li would retire in 2018, but the billionaire businessman had brushed it off, saying he had not yet decided when to step down and that he would stay on as an adviser even after retirement. Since then, Li has also notably established the philanthropic Li Ka-Shing Foundation which gives grants and scholarships in the areas of education, healthcare and humanitarianism. (more...)
Kasatkina trounces Kerber to reach Indian Wells semis Kasatkina trounces Kerber to reach Indian Wells semis
- March 16, 2018

The 19th-ranked Kasatkina was the more aggressive of the two players and by far the more consistent, with the 10th-ranked German hurting her cause with an uncharacteristically high number of unforced errors on Thursday, reports Efe. Kasatkina had one request of the scheduler, "I want to be on centre court in prime time". "This one I will try to forget as fast as possible", Kerber said. (more...)
Henry Schein, Inc. (HSIC) Position Lifted by Sei Investments Co
- March 16, 2018

It has outperformed by 3.59% the S&P500. Bowen Hanes & Co Inc increased its stake in Henry Schein Inc ( HSIC ) by 130.52% based on its latest 2017Q3 regulatory filing with the SEC. As per Tuesday, August 22, the company rating was maintained by Jefferies. (NASDAQ:FB). Ww Asset Mngmt holds 227,052 shares or 1.28% of its portfolio. (more...)
Vanguard Russell 2000 Value ETF (VTWV) Declines 0.26% for Mar 15 Vanguard Russell 2000 Value ETF (VTWV) Declines 0.26% for Mar 15
- March 16, 2018

If the indicator travels under -80, this may signal that the stock is oversold. Stocks that are moving towards a new 52-week low may also be worth keeping an eye on. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. The RSI oscillates on a scale from 0 to 100. If the RSI is closer to 100, this may indicate a period of stronger momentum. (more...)
Google to restrict ads on cryptocurrencies Google to restrict ads on cryptocurrencies
- March 16, 2018

The price of the cryptocurrency has dropped significantly-especially over the last 24 hours. Though a short recovery saw it increase the market cap to $317 billion, this is still lower than Bitcoins apex market cap of $335 billion achieved in mid-December. (more...)
Rhumbline Advisers Raises Holdings in Oil States International, Inc. (OIS)
- March 16, 2018

Hawkins Capital Lp acquired 20,660 shares as Cabot Oil & Gas Corp ( COG)'s stock rose 1.60%. The institutional investor held 10,210 shares of the computer manufacturing company at the end of 2017Q3, valued at $1.48M, up from 6,210 at the end of the previous reported quarter. (more...)
Nike president resigns amid investigation into workplace behavior Nike president resigns amid investigation into workplace behavior
- March 16, 2018

The Wall Street Journal reported that an internal memo revealed that the company is conducting an investigation into misconduct in the workplace, in addition to a review of human resources practices and its system of reporting complaints. (more...)
Walmart To Expand Grocery Delivery To Over 100 Cities Walmart To Expand Grocery Delivery To Over 100 Cities
- March 16, 2018

Walmart's delivery service is $9.95 per order with a $30.00 minimum purchase. Walmart says that it intends to expand its online grocery delivery service to more than 40 per cent of U.S. Amazon launched a free two-hour Whole Foods delivery service for its Prime members in four USA cities with plans to expand to more locations later in 2018. (more...)
Hainan Airlines to launch direct flights from Beijing to Dublin and Edinburgh Hainan Airlines to launch direct flights from Beijing to Dublin and Edinburgh
- March 16, 2018

Hainan Airlines will reportedly operate four times a week between Dublin and Bejing - two of these will stop off in Edinburgh en route. Hainan Airlines is part of the Chinese-based global HNA Group, which also owns the Dublin-based aircraft leasing business Avolon. (more...)
HSBC Reported Gender Pay Gap Of 29% HSBC Reported Gender Pay Gap Of 29%
- March 16, 2018

The 29% figure is more than double the 14.2% reported by Barclays for its United Kingdom retail banking operations for 2017, but lower than Royal Bank of Scotland (RBS) 36.5% and Lloyds Banking Group 32.8%. On a mean basis the gaps were 48 per cent, 32.8 per cent and 30.3 per cent. Its male employees paid more than double the female staff. While female employees account for 54% of the bank's workforce, only 23% of its senior leadership positions are occupied by women, HSBC said. (more...)
Pawan Kalyan's new house in Guntur in 2 Acres Pawan Kalyan's new house in Guntur in 2 Acres
- March 16, 2018

There are some bigwigs behind this conspiracy. The long list of TDP leaders who took swipe at Pawan Kalyan includes Telangana TDP member Mothkupalli Narsimhulu, who recently caused a flutter by suggesting that TDP should merge with ruling TRS in Telangana state. (more...)
Hologic, Inc. (NASDAQ:HOLX) Dips Under Moving Averages
- March 16, 2018

The indicator does not indicate the price direction, rather it is used primarily to measure volatility caused by gaps and limit up or down moves. If the prices of a security fluctuate slowly in a longer time span, it is termed to have low volatility. (more...)
Restaurant Group (LON:RTN) Rating Reiterated by Peel Hunt Restaurant Group (LON:RTN) Rating Reiterated by Peel Hunt
- March 16, 2018

It has outperformed by 109.30% the S&P500. Shares of London Stock Exchange Group Plc (LON: LSE ) have received a consensus rating of "Buy" from the sixteen research firms that are now covering the firm, MarketBeat Ratings reports. The stock's average target of $61.25 is -8.77% below today's ($67.14) share price. The Rank Group Plc (LON:RNK) has 0.00% since March 15, 2017 and is. (more...)
Ford Motor (NYSE:F) Shares Bought by Norinchukin Bank The
- March 16, 2018

It has underperformed by 33.33% the S&P500. Ontario Teachers Pension Plan Board decreased General Mtrs Co (GM) stake by 11.14% reported in 2017Q3 SEC filing. ValuEngine cut shares of Ford Motor from a buy rating to a hold rating in a research report on Monday, February 5th. The firm has "Underperform" rating by Jefferies given on Tuesday, August 9. (more...)
RIP, Geoffrey: Toys RIP, Geoffrey: Toys"R"Us Is Closing in the USA and UK"
- March 16, 2018

Maybe the fall of Toys R Us will embolden entrepreneurs to start up new stores that cater to moms and pops who crave a more manageable experience - taking a child to a neighborhood store that doesn't just pluck boxes from shelves and transport them to the cashier, but lets kids explore and, above all, play. (more...)
Dollar General's same-store sales beats estimates Dollar General's same-store sales beats estimates
- March 16, 2018

Dollar General's light revenue during the fiscal fourth quarter was outshined by booming sales at established stores and a very strong outlook. Adjusted for one-time charges, including provisional benefits from the recent changes to tax law, the company noted, earnings were $401.4 million, or $1.48 per diluted share, versus $414.2 million, or $1.49 per diluted share, in the year-prior period. (more...)
Bought a Snuggie? You might get a refund check Bought a Snuggie? You might get a refund check
- March 15, 2018

Customers believed $19.95 bought them two Snuggies. "This agreement returns money to thousands of consumers in NY and across the nation who believed they were buying items at the price advertised on television, but ended up with extra merchandise and hidden fees they didn't bargain for", said Attorney General Eric T. (more...)
CBI registers another case related to Rs 9-crore fraud at PNB CBI registers another case related to Rs 9-crore fraud at PNB
- March 15, 2018

A little-known company Chandri Paper & Allied Product Private Limited is alleged to have fraudulently acquired LoUs from Punjab National Bank's (PNB) Brady House branch . The due date of payment for the LoUs was January 20, 2020. "Solar Exports, Stellar Diamonds and Diamond R U.S. for availing buyers credit from overseas branches of Indian banks". (more...)
Zoetis Inc (NYSE:ZTS) Position Decreased by Bluestein RH & Co
- March 15, 2018

Rockefeller Financial Services Inc who had been investing in Pros Holdings Inc. for a number of months, seems to be less bullish one the $1.12 billion market cap company. Cowen & Co maintained Novartis AG (NYSE:NVS) on Wednesday, August 9 with "Hold" rating. Jefferies maintained the shares of ZTS in report on Tuesday, August 15 with "Buy" rating. (more...)
Toronto Dominion Bank Raises Stake in Skyworks Solutions Inc (SWKS)
- March 15, 2018

The Company's analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets. (more...)
Crazy Volume Spikes for: Fifth Third Bancorp (NASDAQ:FITB)
- March 15, 2018

Fifth Third Bancorp (NASDAQ: FITB ) touched its 1-Year High price of $34.57 on 03/13/18 and its 1-Year Low price of $23.20 on 06/01/17. Fifth Third Bancorp (NASDAQ: FITB)'s stock has been a favorite of "smart money" aka institutions, as of late. (more...)
Theranos founder Elizabeth Holmes settles with SEC: Anatomy of the fraud Theranos founder Elizabeth Holmes settles with SEC: Anatomy of the fraud
- March 15, 2018

The company offers more than 240 tests, ranging from cholesterol to cancer. The company let go many of its employees and shut down its consumer-testing operations, and said it would focus on developing its technology. prosecutors, but Peikin declined to comment whether any other agencies were investigating the case. Theranos attracted extraordinary interest and loaded its board with huge names, mainly elder Washington statesmen, including two former USA secretaries of state: Henry ... (more...)
Sensex subdued; banks down, fertilisers gain Sensex subdued; banks down, fertilisers gain
- March 15, 2018

The BSE index closed down 150 points, or 0.44 per cent, at 33,686. Reliance Industries , ICICI Bank , Hindustan Unilever and Tata Steel all declined over 1 per cent on Thursday. Shares of Nagarjuna Fertilisers and Chemicals soared 9.82 per cent, National Fertilisers 5.15 per cent, Rashtriya Chemicals and Fertilisers 4.11 per cent, Coromandel International 5.37 per cent and Chambal Fertilisers & Chemicals 2.13 per cent, restricted the fall. (more...)
Creative Planning Has $23.70 Million Stake in Walmart Inc (NYSE:WMT) Creative Planning Has $23.70 Million Stake in Walmart Inc (NYSE:WMT)
- March 15, 2018

The stock decreased 0.23% or $0.2 during the last trading session, reaching $88.1. About 6.12M shares traded. It has underperformed by 2.87% the S&P500. Its down 0.03, from 1.02 in 2017Q2. It improved, as 26 investors sold IT shares while 114 reduced holdings. 113 funds opened positions while 468 raised stakes. (more...)
U.S. hits Russian Federation with new sanctions over 'election interference' U.S. hits Russian Federation with new sanctions over 'election interference'
- March 15, 2018

The name at the top of the sanctions list is the Internet Research Agency LLC (IRA), a so-called "troll farm" operated out of Sankt Petersburg, involved with the proliferation of fake news and the creation of several controversial organizations that attempted to sway the outcome of the 2016 USA election. (more...)
Uber looks to butter up TfL with lots of lovely data Uber looks to butter up TfL with lots of lovely data
- March 15, 2018

The ride-hailing company announced the launch of its open data platform Uber Movement in the United Kingdom capital on Thursday in a blog post . Ride-hailing app Uber has today launched a free tool to share anonymised data from its millions of trips in London, marking its latest move to woo Transport for London (TfL) after its licence in the capital was revoked last September . (more...)
HSBC pay gap reveals men being paid twice as much as women HSBC pay gap reveals men being paid twice as much as women
- March 15, 2018

HSBC said it wants women to hold 30% of senior roles by 2020 and it would request gender diverse shortlists when hiring new leaders and would ensure gender balance in its workforce development programmes. The bank said it had fewer women in senior management roles, while many top global roles were based in the United Kingdom, where its group head office is based. (more...)
Toys R Us gift cards are good for the next 30 days
- March 15, 2018

According to the Associated Press, Toys R Us accounts for about 11 percent of Mattel's annual sales and about 9 percent of Hasbro's annual volume, analysts estimate. It's up to the bankruptcy court to decide if Toys "R" Us can honor the cards. When do my Toys R Us gift cards expire? He also wrote a letter to Maureen Ohlhausen, acting chairwoman of the Federal Trade Commission, asking the FTC to make sure the retailer is doing everything it can to honor the gift cards. (more...)
Energy Transfer Equity's (NYSE:ETE) Buy Rating Reiterated at Robert W. Baird Energy Transfer Equity's (NYSE:ETE) Buy Rating Reiterated at Robert W. Baird
- March 15, 2018

So, when we include the growth factor in our analysis, Energy Transfer Partners appears slightly overvalued, based on the fundamentals. It has outperformed by 25.98% the S&P500. Three investment analysts have rated the stock with a sell rating , five have assigned a hold rating , thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. (more...)
Has $2.07 Million Stake in McDonald's Co. (MCD)
- March 15, 2018

Winch Advisory Services LLC increased its position in McDonald's by 0.4% during the second quarter. About 2,250 shares traded. McDonald's Corporation ( MCD ) recently closed with rise of 0.32% to its 20-Day Simple Moving Average. Nuveen Asset Management Ltd Liability holds 0% of its portfolio in Alkermes plc (NASDAQ:ALKS) for 14,922 shares. Bb&T, North Carolina-based fund reported 263,090 shares. (more...)

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