Business


Google will appeal €2.9bn European Union fine Google will appeal €2.9bn European Union fine
- September 11, 2017

Internet giant Google has lodged an appeal against the mammoth €2.4bn fine the European Union imposed last June. A court battle between Brussels and Google could take years to resolve and adds to an increasingly bitter row between the United States giant and European countries. (more...)
Spanish Data Watchdog Fines Facebook $1.2million Spanish Data Watchdog Fines Facebook $1.2million
- September 11, 2017

In addition to its failure to get properly informed consent from users, resulting in a Euro 600,000 fine, Facebook also stored the details of deleted accounts for over 17 months and failed to delete data that was no longer useful for the reasons it was collected, meriting fines of Euro 300,000 each. (more...)
Royal Bank Of Canada Reaffirms "Buy" Rating for Microsoft Corporation (MSFT)
- September 11, 2017

Lastly, Wells Fargo & Company fixed a $82.50 price objective on the stock of Microsoft Corporation and issued the shares a "buy" recommendation in a analysis report on Friday morning, Jul 21st. UBS maintained the shares of MSFT in report on Monday, August 29 with "Buy" rating. Finally, Wells Fargo & Company set a $82.50 target price on shares of Microsoft Corporation and gave the stock a "buy" rating in a research note on Friday, July 21st. (more...)
Fifth Third Bancorp - Depositar (NASDAQ:FITBI) Trading Down - Shorts Up 6.43% Fifth Third Bancorp - Depositar (NASDAQ:FITBI) Trading Down - Shorts Up 6.43%
- September 11, 2017

The shares were sold at an average price of $26.21, for a total value of $183,574.84. Fifth Third Bancorp (NASDAQ:FITB) has risen 33.30% since September 9, 2016 and is uptrending. The rating was maintained by JP Morgan on Thursday, April 7 with "Neutral". The stock of NetEase Inc (ADR) (NASDAQ:NTES) has "Neutral" rating given on Friday, August 19 by Credit Suisse. (more...)
USA stock futures shoot higher as North Korea tensions ebb USA stock futures shoot higher as North Korea tensions ebb
- September 11, 2017

The pan-European Stoxx Europe 600 index rose 0.2 percent. Still, he said, concerns about the simmering tensions on the Korea peninsula remain a source of pressure on the dollar, as well as the possible hit to US growth from Hurricane Irma as it ravaged Florida. (more...)
Passenger jet races against Hurricane Irma. Guess who won
- September 11, 2017

It was expected that by late Saturday, all operations would have come to a standstill across all the airports in #Florida . The airport noted in its September 6 message on the hurricane: "The Federal Aviation Administration does not close its control tower at MIA until sustained winds (not gusts) reach 55 miles per hour, at which point planes can not take off or land". (more...)
Union Pacific Corporation (NYSE:UNP) Holdings Cut by Pinnacle Associates Ltd.
- September 11, 2017

The stock increased 1.16% or $1 on September 8, reaching $87.3. About 668,507 shares traded. Owens-Illinois Inc (NYSE:OI) has risen 20.39% since September 10, 2016 and is uptrending. The Company's sales have grown at an average annualized rate of about 0.40% during the past five years. Ltd. increased its stake in Union Pacific Corporation by 10.7% in the second quarter. (more...)
Orlando International Airport to make decision about halting flights Orlando International Airport to make decision about halting flights
- September 11, 2017

American Airlines canceled 2,545 flights Friday through September 11. Fort Lauderdale-Hollywood International Airport (FLL) - Due to Hurricane Irma , the airport will close on Saturday, September 9 and Sunday, September 10. She tweeted out a price change notification from Delta for her flight from Miami to Phoenix. "They're just trying to get it for some of the families to be able to get in and get out of here". (more...)
Jaypee needs to Deposit ₹2000 crore Jaypee needs to Deposit ₹2000 crore
- September 11, 2017

The apex court, in effect, allowed the insolvency proceedings against Jaypee Infratech to continue but stayed the proceedings initiated against it in other fora like the Consumer Commission. "We are not concerned about interests of companies but are concerned about middle-class home buyers who are paying EMIs", the court observed. According to official sources, under the Insolvency and Bankruptcy Code, once the resolution and liquidation process is completed, a portion of the proceeds goes ... (more...)
Gas prices in DE still rising, but less dramatically Gas prices in DE still rising, but less dramatically
- September 11, 2017

AAA is closely monitoring Hurricane Irma's track. In fact, they say drivers may start to see prices drop at local gas stations over the next week or two. And the state should be spared a repeat of spikes seen in Florida in the last week, unless Hurricane Irma or another storm takes an unexpected trip up the eastern seaboard. (more...)
Stock Roundup: Valeant Pharmaceuticals International, Inc. (VRX)
- September 11, 2017

The company had a trading volume of 6,904,459 shares. Days to cover decreased -0.4 to 2.0 and the percentage of shorted shares was 0.11% on August 15. Valuation Ratios of Valeant Pharmaceuticals International, Inc. Moreover, Hbk Invests Ltd Partnership has 0.04% invested in Valeant Pharmaceuticals Intl Inc (NYSE:VRX) for 267,300 shares. (more...)
Pfizer, Inc. (PFE) Stock Rating Upgraded by Zacks Investment Research
- September 11, 2017

About 2.66 million shares traded or 37.11% up from the average. It has outperformed by 5.04% the S&P500. Staley Capital Advisers Inc increased its stake in Pfizer Inc ( PFE ) by 5.12% based on its latest 2016Q4 regulatory filing with the SEC. (more...)
Germany, France, Italy, Spain seek new European Union tax on digital firm revenue Germany, France, Italy, Spain seek new European Union tax on digital firm revenue
- September 11, 2017

Now, the four countries are pushing to reform the European Union tax regime further, with the proposal set to be formally introduced to the bloc's finance ministers this week at a meeting in Tallinn. Google recently dodged a tax bullet in France because its operations are based in Ireland, and it's clear that the countries want to eliminate that technicality going forward. (more...)
People Trying to Escape Hurricane Irma Struggle to Find Flights
- September 11, 2017

Southwest will try to minimize a lag in restarting service by parking planes where their pilot and flight attendant crews are based, spokesman Dan Landson said. Another flyer who only gave her name as Kimberly, said the weather made her miss a connecting flight and American Airlines told her getting on another would be almost twice the cost of her entire trip to Dubai. (more...)
Fanney Khan : Anil Kapoor's first look unveiled! Fanney Khan : Anil Kapoor's first look unveiled!
- September 11, 2017

Since Anil plays a lovably flawed and rough-around-the- edges character, he was required to become lean. Anil Kapoor easily manages to create his own space in any given movie, even if he is sharing the screen with the most popular star of the contemporary times. (more...)
How Analysts Rated Portland General Electric Company (NYSE:POR) Last Week? How Analysts Rated Portland General Electric Company (NYSE:POR) Last Week?
- September 11, 2017

The market capitalization of American Electric Power Co., Inc.is at $36.55 Billion. The stock increased 2.02% or $0.4 on September 8, reaching $20.25. RUDOLPH PHILLIP H also sold $715,976 worth of Jack in the Box Inc. Holt Capital Advisors Limited Liability Dba Holt Capital Prtnrs Lp owns 54,895 shares. (more...)
Great Western Bancorp, Inc. (NYSE:GWB) Broker Views On Wall Street Great Western Bancorp, Inc. (NYSE:GWB) Broker Views On Wall Street
- September 11, 2017

On Friday, September 8 the stock rating was maintained by Needham with "Hold". On Monday, February 6 the stock rating was maintained by Barclays Capital with "Underweight". (NYSE:GWB), its shares were trading at $33.46 a retreat of $-1.6, on the trading floor. The stock declined 1.86% or $1.49 reaching $78.63 on the news. (more...)
Tetra Tech, Earns "Hold" Recommendation at Stifel Nicolaus
- September 11, 2017

Therefore 54% are positive. Airgas Inc. had 9 analyst reports since August 24, 2015 according to SRatingsIntel. The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. (more...)
Intuitive Surgical, Inc. (NASDAQ:ISRG) Stock Traded Over Its 50 Day Average Intuitive Surgical, Inc. (NASDAQ:ISRG) Stock Traded Over Its 50 Day Average
- September 11, 2017

The 1-year high was reported on Sep, 10 by Barchart.com . In other Intuitive Surgical news, EVP Salvatore Brogna sold 899 shares of the firm's stock in a transaction that occurred on Friday, September 1st. (NASDAQ:ISRG) for 12,301 shares. The firm earned "Overweight" rating on Wednesday, January 25 by JP Morgan. The rating was maintained by Leerink Swann with "Buy" on Wednesday, July 5. (more...)
Today In History: The 9/11 Attacks of 2001
- September 11, 2017

A third plane, American Airlines Flight 77, was crashed into the Pentagon (the headquarters of the United States Department of Defense) in Arlington County, Virginia, leading to a partial collapse of the building's western side. This year we are facing a renewed threat of nuclear war with North Korea, whose rogue leader keeps launching missiles he claims are capable of reaching the United States and its territories, while also posing a menacing threat to our allies in South Korea and Japan. (more...)
Selected Notes From Analysts On Archer-Daniels-Midland Company (NYSE:ADM)
- September 11, 2017

The stock of Archer Daniels Midland Company (NYSE:ADM) earned "Buy" rating by Argus Research on Thursday, August 4. The stock increased 0.45% or $0.19 during the last trading session, reaching $42.59. First Natl Bank Of Omaha reported 1,300 shares. It also upped First Data Corp New stake by 259,090 shares and now owns 304,459 shares. At&T Inc (NYSE:T) was raised too. (more...)
Primark Lifts ABF's Full Year Guidance Primark Lifts ABF's Full Year Guidance
- September 11, 2017

Meanwhile, revenue and profit in ABF's sugar business will be "well ahead" of the prior year. Sterling's weakness against the U.S. dollar is expected to have a continued adverse transactional effect on Primark's margin in H1, although a benefit from the euro's strength is anticipated in H2. (more...)
South Korea eyes bigger warheads, North Korean ICBM reportedly on the move South Korea eyes bigger warheads, North Korean ICBM reportedly on the move
- September 11, 2017

South Korea and the United States on Thursday completed the deployment of a USA missile defence system to counter North Korean threats, sparking demonstrations by residents and a diplomatic protest from Beijing. In a previous statement this week, Macron called on the European Union to tighten the sanctions against North Korea , in addition to the U.N. Security Council's response. (more...)
North Korean crisis: Vladimir Putin warns of 'global catastrophe' North Korean crisis: Vladimir Putin warns of 'global catastrophe'
- September 11, 2017

Meanwhile, South Korea's Yonhap news agency reported the drills in the East Sea were "massive", adding that the navy said the manoeuvres were a show of the country's "resolve to retaliate against North Korea's provocations ". Amid statements from USA officials warning of a "massive military response" if North Korea continued to threaten the United States, the Russian President reiterated that North Korean issues should be resolved in a peaceful way. (more...)
Abe, Moon agree to coordinate for stronger N Korea sanctions Abe, Moon agree to coordinate for stronger N Korea sanctions
- September 11, 2017

It will soon join the "Hyunmoo" family of ballistic missiles that now have a maximum range of 500 kilometers (310 miles). The draft, seen by dpa on Wednesday, also includes a ban on the country's textile exports and the employment of North Korean workers overseas. (more...)
Stephen King's It smashes records with massive $146 million opening
- September 11, 2017

There's absolutely no question which flick ruled the box office this weekend: It is the most popular movie in America, with a HUGE opening weekend in theaters over the last few days! The current record holder for the most money made at the box office for a horror film during its opening weekend belongs to Insidious: Chapter 2 , which made $41 million at the box office. (more...)
HSBC Holdings, plc. (NYSE:HSBC) Shorts Down -15.19% - Currently Trading Up
- September 11, 2017

Several other research firms also recently issued reports on HSBA . HSBC Holdings PLC ( NYSE:HSBC ) traded up 0.84% during midday trading on Friday, reaching $47.86. HSBC Holdings PLC's payout ratio is 400.01%. The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. (more...)
Barclays PLC Reiterates Buy Rating for Rio Tinto PLC (RIO) Barclays PLC Reiterates Buy Rating for Rio Tinto PLC (RIO)
- September 11, 2017

UBS AG set a GBX 3,750 ($48.43) price objective on shares of Rio Tinto plc and gave the company a buy rating in a research report on Wednesday, August 30th. The value in dollars went from $458,000 to $505,000,000 increasing 110,162.0% since the last quarter. Next Financial Group, Inc added to its position by buying 437 shares an increase of 3.8% from 03/31/2017 to 06/30/2017. (more...)
Apex court asks interim resolution body to take over Jaypee Infratech mgmt Apex court asks interim resolution body to take over Jaypee Infratech mgmt
- September 11, 2017

Shares of Jaiprakash Associates tumbled as much as 10 per cent after reports said that Supreme Court has directed the company to deposit Rs 2,000 crore by October 27, in relation with the insolvency proceedings involving Jaypee Infratech . (more...)
Coca-Cola European Partners PLC (NYSE:CCE) Cut to Coca-Cola European Partners PLC (NYSE:CCE) Cut to "Hold" at BidaskClub
- September 11, 2017

Marathon Asset Management Limited Liability Partnership reported 2.51 million shares. Its up 10.72% from 21.69 million shares previously. 5,419 are owned by Frontier Mngmt Company. Investors sentiment decreased to 0.87 in 2016 Q4. Its up 0.04, from 0.98 in 2016Q3. It fall, as 53 investors sold CL shares while 472 reduced holdings. (more...)