Business


McDonald's ends franchise agreement with CPRL in North, East McDonald's ends franchise agreement with CPRL in North, East
- August 21, 2017

Following the unfortunate fallout between the McDonalds' Indian representative McDonald's India Private Limited (MIPL) and Vikram Bakshi headed Connaught Plaza Restaurants Ltd (CPRL), that led to nearly 80 per cent of Delhi's McD outlets to close their doors, the American fast food giant may well terminate its franchise agreement and pull out of the North and East regions of India . (more...)
'Mini-boom' in house price growth largest across Northamptonshire 'Mini-boom' in house price growth largest across Northamptonshire
- August 21, 2017

Property prices in Northamptonshire surged 9.1% from the corresponding period last year, while Derbyshire recorded a 7.9% increase and prices in Leicestershire, Nottinghamshire and the West Midlands all saw prices rise 7% from a year ago. The fall was 0.9% - less than the 1.2% drop in August previous year. Countrywide, recently announced that house price growth in the United Kingdom is expected to slow to 1.5 per cent. (more...)
United Kingdom firms unprepared for cyberattacks United Kingdom firms unprepared for cyberattacks
- August 21, 2017

A further 68% of board members admitted that staff do not have the training necessary to deal with a cyber incident, despite 54% of boards saying that they view cyber security as a top priority. (Increase of 10% from 20116 Health Check). The survey also found that nearly all respondents said their company's board had either an acceptable (52%) or clear (43%) understanding of their organisation's key information and data assets. (more...)
SBI offers up to 100% waiver on processing fee on various loans SBI offers up to 100% waiver on processing fee on various loans
- August 21, 2017

As part of its festive season offer, State Bank of India on Monday announced waiver of up to 100 per cent processing fee on auto loans, personal gold loans and personal loans. This is part of a "festival bonanza" programme announced by the bank. This development comes weeks after the bank slashed the interest rate for its savings accounts. (more...)
FY2017 Earnings Forecast for Ritchie Bros. Auctioneers Incorporated Issued By KeyCorp (RBA)
- August 21, 2017

The stock of Ritchie Bros. Macquarie Research initiated the shares of RBA in report on Thursday, October 1 with "Neutral" rating. Finally, Royal Bank Of Canada cut their target price on shares of Ritchie Bros. Investors of record on Friday, August 25th will be issued a $0.17 dividend. The stock has "Outperform" rating by RBC Capital Markets on Wednesday, August 31. (more...)
US CEOs can afford principled stand against Trump US CEOs can afford principled stand against Trump
- August 21, 2017

He said in a tweet on Monday that the country's leaders must "honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy". Within minutes, Trump responded by bashing Frazier on Twitter. Meanwhile, other executives stated their support for Frazier. He said on Twitter it was "the right thing for me to do". (more...)
Teachers Advisors LLC Raises Position in Chicago Bridge & Iron Company NV (CBI) Teachers Advisors LLC Raises Position in Chicago Bridge & Iron Company NV (CBI)
- August 21, 2017

Lingohr & Partner Asset Gmbh reported 19,400 shares or 0.38% of all its holdings. Goldman Sachs Gp, New York-based fund reported 10,402 shares. It fall, as 5 investors sold TESSCO Technologies, Inc. It last trading capacity has been noted with 5.54 million shares and 7.05 million shares are observed as exploring the average capacity of last three months trading period. (more...)
Overseas Shipholding Group, Inc. (OSG) Trading Down 8.1% Following Insider Selling
- August 21, 2017

Prudential Financial Inc. purchased a new position in Overseas Shipholding Group during the second quarter valued at approximately $130,000. With 818,100 shares average volume, it will take short sellers 1 days to cover their OSG's short positions. (more...)
OPS to get party chief, Palaniswami to retain as CM — AIADMK merge OPS to get party chief, Palaniswami to retain as CM — AIADMK merge
- August 21, 2017

There was also the speculation that if the merger takes place the existing Chief Minister Edappadi K Palanisamy will remain in office, while former CM O Panneerselvam can become Deputy Chief Minister. They are demanding CM post to OPS who has been previous CM. TTV Dinakaran, however, could sabotage the deal as he has the backing of 20 MLAs. However, the official confirmation will be made only after the formal meeting. (more...)
China's Great Wall interested in acquiring Fiat Chrysler China's Great Wall interested in acquiring Fiat Chrysler
- August 21, 2017

Fiat Chrysler Automobiles N.V. The company is so far trading up from yesterday's close of $12.48. It is now trading at $12.57 impressively higher than the 50 day moving average which is $11.83 and quite a bit above the 200 day moving average of $11.08. (more...)
Liberty Interactive Corporation (NASDAQ:QVCB) Sees Significantly Lower Trading Volume
- August 21, 2017

Next quarter's EPS is estimated at $0.47 and the next full year EPS is projected to be $1.43. Citigroup Inc. reiterated a "neutral" rating and issued a $40.00 target price (down from $43.00) on shares of Liberty Media Corporation in a research note on Monday, May 15th. (more...)
World's fastest train to begin in Sept World's fastest train to begin in Sept
- August 21, 2017

The South China Morning Post cited the Thepaper.cn, a government-controlled news website, as saying on Sunday (Aug 20) that seven pairs of bullet trains, named Fuxing, which means "rejuvenation", will soon start operating. Following their debut on the Beijing-Shanghai line, they will be put into operation in the Beijing-Tianjin-Hebei area on Monday, serving 10 stops in the region, including Tianjin, Baoding and Shijiazhuang, the company previously said. (more...)
Giuseppe Accogli Sells 12670 Shares of Baxter International Inc
- August 21, 2017

Gavekal Capital Llc increased Alphabet Inc Cl A stake by 2,184 shares to 13,189 valued at $10.45M in 2016Q4. Baxter International Inc . (NYSE:BAX)'s earnings per share has been growing at a 18.4 percent rate over the past 5 year when average revenue increase was noted as -6.1 percent. (more...)
Shaftesbury plc (SHB) Earns Hold Rating from Liberum Capital
- August 21, 2017

Stocks of IMI (LON:IMI) have received a average recommendation of "Hold" from the thirteen research analysts that are presently covering the company, 1 equities equity analyst has recommended the share with a sell recommendation, eight has issued a hold recommendation and four have published a buy recommendation on The corporation. (more...)
Maersk Oil sold to France's Total Maersk Oil sold to France's Total
- August 21, 2017

The deal is the latest sign of consolidation in the oil-and-gas industry, which is only now coming to grips with a prolonged and painful downturn. The transaction is expected to close in first quarter 2018 and has an effective date of 1st July 2017. (more...)
Hurricane Gert set to bring rain to Scotland Hurricane Gert set to bring rain to Scotland
- August 21, 2017

Heavy rain is forecast across the south-west Saturday night and will gradually move up over the rest of the country. A yellow status rainfall warning has been issued up until this evening for counties Donegal, Galway, Leitrim, Mayo and Sligo. (more...)
Russia's Rosneft closes deal to buy 49% stake in Essar Oil Russia's Rosneft closes deal to buy 49% stake in Essar Oil
- August 21, 2017

The purchase is the biggest foreign acquisition ever in India and Russia's largest outbound deal. The three jointly issued an invitation to reporters to a briefing "following the completion of the acquisition of Essar Oil Ltd" on Monday. Essar Energy would also like to specially thank EOL's lenders-State Bank of India, ICICI Bank , IDBI Bank, Axis Bank , Yes Bank, and rest of the consortium-for supporting Essar Oil through its journey of over two decades that has now culminated in this ... (more...)
Rathbone Brothers Confirms Merger Talks With Smith & Williamson Group Rathbone Brothers Confirms Merger Talks With Smith & Williamson Group
- August 21, 2017

A deal is expected to be announced within weeks, according to insiders, although they warned that it could be delayed. The paper said the combined company would have more than 3,000 staff across the UK. It said market sources placed the value of Smith & Williamson at between £500m and £600m. Last month Rathbone posted a 16.7 percent rise in first-half pretax profit to 26.6 million pounds, boosted by market gains and a rise in assets under management. (more...)
Energizer Holdings, Inc. (NYSE:EPC) Given Hold Rating at Deutsche Bank AG
- August 21, 2017

Other analysts have also recently issued research reports about the company. Arrowstreet Capital, Limited Partnership expanded its investment by buying 175,400 shares an increase of 899.5% as of 06/30/2017. The company's sales went up 3.0% on a YOY basis. During the same quarter in the previous year, the firm posted $0.32 EPS. As of late the company also announced dividend for the quarter, expected to be paid on early Tue, Sep 12th. (more...)
Zidane Condoles With Victims Of Barcelona Attack Zidane Condoles With Victims Of Barcelona Attack
- August 21, 2017

An imperious performance in the Spanish Super Cup second leg continued a rich run of form and has attracted the attention of one of Europe's biggest clubs. Casemiro made it 2-0 for Madrid on 27 minutes. 44 - There were 44 passes in the build-up for Casemiro's goal, the most before a goal in La Liga since at least 2006/07. (more...)
Hospitality Properties Trust (HPT) Stake Increased by AQR Capital Management LLC
- August 21, 2017

Among 11 analysts covering Medical Properties Trust (NYSE:MPW), 6 have Buy rating , 2 Sell and 3 Hold. The company declined -0.8% and closed its last trading session at $2.51. Hightower Advsr Limited Liability invested in 0.06% or 160,347 shares. (NYSE:MPW). 16,628 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Vanguard Grp stated it has 0.01% of its portfolio in Visteon Corp (NYSE:VC). (more...)
The Western Alliance Bancorporation (WAL) Stake Boosted by Winfield Associates Inc
- August 21, 2017

The stock had a trading volume of 276,501 shares. Tompkins Corporation holds 2,615 shares or 0.06% of its portfolio. Western Alliance Bancorporation (NYSE: WAL ) has risen 29.08% since August 16, 2016 and is uptrending. It also upped Inphi Corp (NYSE:IPHI) stake by 50,190 shares and now owns 297,147 shares. Parametrica Management Ltd bought a new stake in shares of Western Alliance Bancorporation during the first quarter valued at $200,000. (more...)
Quality Care Properties (QCP) Getting Somewhat Positive News Coverage, Report Finds
- August 21, 2017

Quality Care Properties, Inc.is a self-managed and self-administered real estate investment trust. 2,815,593 shares of the company's stock traded hands. Institutional investors own 92.95% of the company's stock. Shares of Quality Care Properties Inc. All the ManorCare facilities in question are open, and QCP expects that patient care will not be interrupted by this process and that jobs will be preserved at these sites. (more...)
Vocus Group ends sale discussions Vocus Group ends sale discussions
- August 21, 2017

Vocus Group Limited (ASX:VOC) has announced it has ceased discussions with two prospective bidders, KKR and Affinity Equity Partners . "The board of Vocus has concluded that, subject to negotiation of an appropriate confidentiality agreement, it is in the best interests of shareholders to also grant Affinity the opportunity to conduct due diligence on a non-exclusive basis in order to establish whether an acceptable binding transaction could be agreed", Vocus said at the time. (more...)
Sensex, Nifty open higher, Infosys extends losses Sensex, Nifty open higher, Infosys extends losses
- August 21, 2017

The 30-scrip Sensitive Index ( Sensex ) of the BSE, which opened at 31,729.88 points, closed at 31,524.68 points - down 270.78 points, or 0.85 per cent, from its previous close at 31,795.46 points. The index finally closed at 9,837.40, up 126.60 points, or 1.30 per cent from last Friday's (11 August) close. Bond yields and prices move in opposite directions. (more...)
Savant Capital LLC Has $232000 Stake in DTE Energy Company (DTE)
- August 21, 2017

About 77,579 shares traded. Lauer Trevor F sold $395,998 worth of DTE Energy Co (NYSE:DTE) on Tuesday, May 2. Third Avenue Management Llc decreased Fti Consulting Inc. DTE Energy earned a media sentiment score of 0.13 on Accern's scale. 3,976 are owned by Farmers Trust Company. Investors of record on Monday, September 18th will be issued a dividend of $0.825 per share. (more...)
South Korea set for divisive military drills
- August 21, 2017

The event marked his first 100 days in office. Pinkston said calls to reduce or suspend joint exercises are mistaken, and risk increasing rather than reducing the threat from North Korea . "The seafood that can't enter China is ready to be gradually shipped back to North Korea ", a Hunchun official told the paper. During his visit to Beijing Thursday, General Joseph Dunford , chairman of the U.S. (more...)
Intel chief executive Brian Krzanich quits Trump's manufacturing council Intel chief executive Brian Krzanich quits Trump's manufacturing council
- August 21, 2017

He wrote on Twitter Monday that "America's leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which runs counter to the American ideal that all people are created equal". Its president, Richard Trumka, made similar comments online Sunday. The council has included top executives from Boeing Co., Dow Chemical Co. and Johnson & Johnson. (more...)
Can tech companies legally cancel service to hate groups? Can tech companies legally cancel service to hate groups?
- August 21, 2017

Each time a new wave of hateful rhetoric washes across the web, Twitter users point to Germany , where numerous neo-Nazis and white supremacists that appear in USA users' feeds are nowhere to be found. But firms that have positioned themselves as altruistic drivers of innovation have also set a high bar. "Maintaining the necessary balance between protecting the principles of tolerance, diversity and respect for people of all backgrounds with upholding legitimate free expression and open ... (more...)
Fortescue Metals Group Soars 5% as Profit, Dividends Double Fortescue Metals Group Soars 5% as Profit, Dividends Double
- August 21, 2017

The company will reward shareholders with a dividend of 25¢ a share, up from 12¢ past year. The dividend will be paid on October 3 to shareholders of record on September 4, the company said in a statement to the stock exchange. China is the number one market for seaborne-traded iron ore, importing around 1 billion tonnes a year, mainly from Australia and Brazil. The miner is aiming to hold shipments steady at 170 million tonnes in 2017/18, but expects to trim cash costs to between $US11 ... (more...)