Business


Manufacturing sector decelerates India's March industrial output Manufacturing sector decelerates India's March industrial output
- May 12, 2018

Industrial growth, measured by the index of industrial production ( IIP ), for 2017-18 also decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal, according to data released by the Central Statistics Office on Friday. On the other hand, the industry group other manufacturing has shown the highest negative growth of (-) 30.7% followed by (-) 20.6% in manufacture of tobacco products and (-) 18.6% in manufacture of wearing apparel. (more...)
Bank Unions Announce 2-Day Strike: 5 Key Things To know Bank Unions Announce 2-Day Strike: 5 Key Things To know
- May 12, 2018

Bankers have unanimously decided for a series of protest programmes from Wednesday till May 30-31. In the last Bipartite Wage Settlement, which was put in place from November 1, 2012, the IBA had approved to offering a hike of 15 per cent over the total wage bill. (more...)
Marathon Petroleum Corporation (MPC) — Recommendation Trends
- May 12, 2018

At recent session, the prices were hovering between $0.825 and $0.86. Returns and Valuations for Twitter, Inc. Percolating inflation also is a pain point for bond prices, which move inversely to yields-a factor that can also amplify already tightening financial conditions for USA corporations. (more...)
The Technical Condition Changes for Abraxas Petroleum Corp. (AXAS)
- May 12, 2018

Ticker's shares touched $2.86 during the last trading session after 4.76% change.Currently Abraxas Petroleum Corporation is uptrending after 11.92% change in last May 10, 2017. Return on assets (ROA) is a financial ratio that shows the percentage of profit a company earns about its overall resources. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. (more...)
Aishwarya Rai Bachchan COPIES Aamir Khan's Unique Instagram Strategy! Aishwarya Rai Bachchan COPIES Aamir Khan's Unique Instagram Strategy!
- May 12, 2018

As we all know that Aishwarya is a doting mother to Aaradhya, this pic clearly shows the emotional side of the actress. The idea comes to perspective as one visits Aamir's Instagram page, only then can a user see the collage picture consisting of 9 grids. (more...)
IPO Might Be Wal Mart Says, in Four Years IPO Might Be Wal Mart Says, in Four Years
- May 12, 2018

Similarly, minority investors holding 60% of Flipkart shares and acting together will have veto rights to prevent significant transactions involving Flipkart while investors holding 40% shares will have veto rights to prevent certain transactions between Flipkart and Walmart. (more...)
Jpmorgan Chase & Co (NYSE:JPM) Shifting Institutional Investors Sentiment
- May 12, 2018

The stock exchanged hands with 8707338 numbers of shares contrast to its average daily volume of 15.22M shares. (NYSE: JPM)'s EPS growth this year is 10.50%. (NYSE: JPM)'s EPS growth for next year stands at 8.44%. Shine Inv Advisory Svcs Inc holds 0.19% or 3,481 shares in its portfolio. Morgan Stanley maintained JPMorgan Chase & Co. (more...)
Novartis, AT&T Spoke To Robert Mueller About Payments To Michael Cohen Novartis, AT&T Spoke To Robert Mueller About Payments To Michael Cohen
- May 12, 2018

AT&T Inc. turned to Michael Cohen , President Donald Trump's lawyer, in the early days of the administration to find out how the new president would handle such issues as Net neutrality. This week several companies, including AT&T and Swiss drug maker Novartis , said they paid Cohen for insight about the new administration and to gain access to Trump officials. (more...)
MBIA (NYSE:MBI) Given Daily News Impact Rating of 0.27
- May 12, 2018

Moreover, Ny State Common Retirement Fund has 0% invested in MBIA Inc. Shares of MBIA Inc (NYSE: MBI ) soared 1.29% or 0.11 to reach at $8.67 during previous trading session. MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States and internationally. This company shares are 28.42% off its target price of $11.25 and the current market capitalization stands at $758.62M. (more...)
Thousands of Volkswagen and Seat cars recalled over major seatbelt concern Thousands of Volkswagen and Seat cars recalled over major seatbelt concern
- May 12, 2018

Owners of the recently launched Volkswagen Polo are being advised not to use the middle rear seat. A spokeswoman for the Driver and Vehicle Standards Agency in the United Kingdom said the recall has not yet been issued. Within the next few weeks, Volkswagen will start a recall campaign. He added: "Our temporary advice is. if no one is seated in the centre seat at all until the refit is installed, there can't be any force applied to release the left rear seatbelt lock". (more...)
How Analysts Feel About Schroders plc (LON:SDR)?
- May 12, 2018

Edge Wealth holds 0.15% of its portfolio in Sky plc (LON:SKY) for 40,250 shares. Maryland-based Price T Rowe Assoc Md has invested 0% in Sky plc (LON:SKY). Finally, Numis Securities reaffirmed a "reduce" rating and issued a GBX 2,100 ($30.07) price target on shares of Spectris in a report on Wednesday, February 14th. (more...)
Intrepid Potash, Inc. (IPI)- Stocks Retreating on New Performance Evolution
- May 12, 2018

They may also be used to assist the trader figure out proper support and resistance levels for the stock. The stock observed Sales growth of 66.10% during past 5 years. Volume increases every time a buyer and seller transact their stock or futures contract. The stock registered Wednesday volume of 3550178 shares. Volume is incredibly important to traders. (more...)
Letter Carriers Food Drive is Saturday May 12 Letter Carriers Food Drive is Saturday May 12
- May 12, 2018

On the second Saturday of May, mail carriers do their jobs like any other day. The National Association of Letter Carriers Chapter of Houston is stamping out hunger. It's a chance to donate to your community food bank and help those in need in your immediate area. This is the single largest food drive conducted on one designated day from coast to coast. (more...)
Hewlett Packard Enterprise partners with Swiss blockchain startup Streamr
- May 12, 2018

The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . (NYSE:VSLR), its shares were trading at $4.5 a gain of $0.5, on the trading floor. The ex-dividend date of this dividend is Tuesday, June 12th. Hewlett Packard Enterprise's dividend payout ratio is presently 31.25%. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. (more...)
Rice Midstream Partners (RMP) Expected to Announce Earnings of $0.41 Per Share Rice Midstream Partners (RMP) Expected to Announce Earnings of $0.41 Per Share
- May 12, 2018

Jane Street Group Limited Liability Co owns 18,860 shs. BP Midstream Partners GP (NYSE: BPMP ) had its price objective cut by analysts at Citigroup from $21.00 to $19.00 in a research report issued on Wednesday, March 28th. Nasdaq.com's article titled: "Mid-Morning Market Update: Markets Mostly Lower; Philip Morris Shares Fall Following Q1 Results" and published on April 19, 2018 is yet another important article. (more...)
Analysts Ratings for Twenty-First Century Fox, Inc. (FOXA) Analysts Ratings for Twenty-First Century Fox, Inc. (FOXA)
- May 12, 2018

The RSI oscillates between zero and 100. If sellers are more motivated than buyers the price will decline and vice versa. On Friday, December 22 Cowen & Co maintained Twenty-First Century Fox , Inc. The segment was hurt the most by the absence of advertising revenue from the broadcast of the Super Bowl last year but it also experienced declines from National Football League postseason ratings and three fewer National Football League broadcasts in the current quarter versus the prior year ... (more...)
LLC Acquires 489274 Shares of Pattern Energy Group (NASDAQ:PEGI)
- May 12, 2018

The investor owns 7,175,862 shares of the stock worth about $127,084,516. Shareholders of record on Friday, March 30th were paid a $0.422 dividend. Analysts are expecting average earnings estimates of $0.15 for the current quarter based on the opinion of 8 analysts, relating to high earnings per share estimates of $0.39 and low estimates of $0.03, however Pattern Energy Cl A (NASDAQ: PEGI ) reported $0.06 earnings per share for the same quarter past year. (more...)
Salman Khan to release Race 3 trailer on May 15 Salman Khan to release Race 3 trailer on May 15
- May 12, 2018

Reportedly, the party started at 10:30 pm went on till the wee hours. Fans will be able to see Jacqueline and Salman in the much anticipated Remo D Souza venture on the 15th of May. After having a good time, Jacqueline Fernandez left Salman Khan's residence at 2:20 am and all was good until 2:45 am as her driver bumped the vehicle into an auto rickshaw and Jacqueline Fernandez was seated in the back-seat. (more...)
Oil price rise poses challenge for sanctions policy: Kemp Oil price rise poses challenge for sanctions policy: Kemp
- May 12, 2018

Saudi Arabia could be the biggest beneficiary of Trump's decision, not just because from a geopolitical perspective (Saudi Arabia has long wanted the U.S.to confront Iran), but because any decline in Iranian supply will push up prices, dealing a financial windfall to Riyadh without any sacrifice. (more...)
Technology and energy companies help lift U.S. stock indexes Technology and energy companies help lift U.S. stock indexes
- May 12, 2018

Benchmark U.S. crude oil climbed $2.08, or 3 percent, to settle at $71.14 per barrel in NY. ENERGY: Oil prices fluctuated while Trump spoke, but trimmed some of their losses from earlier in the day after the announcement. Bank of America gained 2.6 percent to $30.72. Monster Beverage slumped 7.5 percent to $49.11 after the energy drink maker reported disappointing sales in the first quarter and said its profit margins decreased. (more...)
Ford Could Reopen Two US Truck Plants Next Friday Ford Could Reopen Two US Truck Plants Next Friday
- May 12, 2018

At this point there is no word on just how long production of the F-150 will be halted, a Ford spokesman has said that it would last at least a few days. Ford has sold 287,000 F Series trucks in the United States in the first four months of this year, up 4% compared to a year ago. A cause is still unknown. (more...)
Unusual Volume Spikes For: Cabot Oil & Gas Corporation (COG) Unusual Volume Spikes For: Cabot Oil & Gas Corporation (COG)
- May 12, 2018

Also, the number of funds holding Cabot Oil & Gas Corp in their top 10 holdings increased from 6 to 7 for an increase of 1. Finally, KeyCorp set a $35.00 price target on shares of Cabot Oil & Gas and gave the stock a "buy" rating in a research note on Sunday, January 21st. (more...)
Prestige Brands (PBH) Receiving Very Favorable Press Coverage, Analysis Finds
- May 12, 2018

The stock traded volume of 4461731 shares in last session versus to an average volume of 751.96K shares. ArrowMark Colorado Holdings LLC now owns 1,559,828 shares of the company's stock worth $69,272,000 after buying an additional 385,950 shares during the last quarter. (more...)
China's ZTE says USA sanctions have crippled operations China's ZTE says USA sanctions have crippled operations
- May 12, 2018

According to the U.S. Government, the step was taken because the company had failed to comply with a settlement related to ZTE shipping U.S. -made goods to Iran in violation of U.S. The Chinese government raised the issue of ZTE last week with a visiting USA trade delegation. In Wednesday's statement the firm said it still "maintains sufficient cash and strictly adheres to its commercial obligations". (more...)
SUSPENSION: Omo-Agege floors Senate in court SUSPENSION: Omo-Agege floors Senate in court
- May 12, 2018

The AGF who was represented by the Solicitor General of the Federation, Dayo Apata, urged the court to nullify Omo-Agege's suspension for 90 legislative days and order his immediate recall to the Senate. The court said the reason that Senate gave for suspending Omo-Agege for 90 legislative days, was unconstitutional. The court voided Omo-Agege's suspension after it declined to grant any of the seven reliefs he sought in his suit. (more...)
How High Can Ultra Petroleum Corp. (UPL) Stock Go' Analysts Hold $9
- May 12, 2018

The recent close goes a long way in suggesting that the stock price is being underpriced by a 267.35% compared to the most bullish target. New investors may sometimes be working with limited capital. (NasdaqGS: UPL)'s ROIC is 0.317116. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, "The Little Book that Beats the Market". (more...)
Equifax adds millions more victims to 2016 breach figures Equifax adds millions more victims to 2016 breach figures
- May 12, 2018

Thanks to a filing by Equifax, we now know more about how much of Americans information was compromised in their data breach back in 2017. "We know that out of the 146 million people nationwide, including about 1.1 million in Kansas, who had information exposed, nearly all of them, more than 145 million out of 146, had their Social Security numbers exposed, obviously their names , and about 100 million, just under 100 million had their home addresses exposed". (more...)
Wheeling Park High School ranks 11th in state Wheeling Park High School ranks 11th in state
- May 12, 2018

Pine View School again topped the U.S News Best High School Rankings for Florida, although it fell nationally from 13 in 2017 to 19 in 2018. Advanced Placement: Thirteen MPS high schools now offer five or more Advanced Placement (AP) courses, with College Board's AP Capstone Diploma expanded to five high schools. (more...)
Oil prices near 2014 highs as Iran tensions keep market on edge Oil prices near 2014 highs as Iran tensions keep market on edge
- May 12, 2018

Oil prices have been climbing partly because of expectations that President Donald Trump will abandon the 2015 Iran nuclear deal, which allowed Iran to export more crude. He also pointed to a report that USA oil company ConocoPhillips is trying to seize Caribbean assets of Venezuela's state-run oil company to recover a $2 billion award for Venezuela's nationalization of the company's projects there. (more...)
AT&T Chief Calls Hiring Michael Cohen as Consultant a 'Big Mistake'
- May 12, 2018

Mr. Stephenson's memo to AT&T's 249,000 employees followed the revelation that the company had paid Mr. Cohen $600,000 to advise on the $85.4 billion merger with Time Warner and other regulatory matters. "We made a mistake in entering into this engagement and, as a outcome, are being criticized by a world that expects more from us", Novartis CEO Vasant Narasimhan said in a memo to employees. (more...)

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