Business


NYSE to establish trading platform for Bitcoin derivatives NYSE to establish trading platform for Bitcoin derivatives
- May 08, 2018

The stock trades on a P/S of 0, which suggests that the shares are attractive compared with peers. About 2,394 shares traded. It has underperformed by 23.66% the S&P500. Among 20 analysts covering Intercontinental Exchange (NYSE: ICE ), 17 have Buy rating, 0 Sell and 3 Hold. (NYSE: ICE ) for 10,996 shs. Sanford C. Bernstein began coverage on shares of Intercontinental Exchange in a research note on Monday, April 9th. (more...)
What Will Become of Valeant Pharmaceuticals? What Will Become of Valeant Pharmaceuticals?
- May 08, 2018

Diamond Hill Mngmt reported 0% stake. (TSE: VRX ) to report $0.85 EPS on May, 8 before the open.They anticipate $2.86 EPS change or 77.09% from last quarter's $3.71 EPS. Therefore 15% are positive. Valeant Pharmaceuticals Intl had 163 analyst reports since July 21, 2015 according to SRatingsIntel. Valeant Pharmaceuticals International, Inc is a pharmaceutical and medical device company. (more...)
Q3 2018 Earnings Forecast for Starbucks (SBUX) Issued By Piper Jaffray
- May 08, 2018

The shares were sold at an average price of $54.52, for a total transaction of $1,363,000.00. Starbucks Corporation ( SBUX) stock is now trading 1.28% away from its average-price of 200 days while it maintained a distance of -1.07% from its 50 Days Moving Average and -1.78% compared with the 20 Day Moving Average. (more...)
Elon Musk scoops up $10 billion in Tesla stock Elon Musk scoops up $10 billion in Tesla stock
- May 08, 2018

Buffett, whose Berkshire Hathaway owns See's sweets, was responding to a shareholder's question about whether he agreed with Musk's views about so-called economic "moats," a term Buffett coined in a 1999 Fortune article referring to a company's wide competitive advantages. (more...)
Wal-Mart Stores Inc. (WMT)
- May 08, 2018

Walmart Inc.'s P/E ratio is 27.34. It has outperformed by 11.98% the S&P500. Electron Capital Partners Llc sold 376,034 shares as Aecom (ACM)'s stock declined 6.81%. (NYSE:WMT). Calamos Advsr Limited Liability Co owns 632,761 shares for 0.32% of their portfolio. (NYSE:WMT). Maryland owns 9,610 shares. (NYSE:WMT). 666,265 are held by British Columbia Invest Management Corporation. (more...)
More EU Diesel Exits to Follow Nissan, Toyota More EU Diesel Exits to Follow Nissan, Toyota
- May 08, 2018

The city of Paris has already banned older diesels. The Japanese carmaker's move is seen as a further sign of weakening demand for diesel cars, as buyers are anxious about tax rises and upcoming bans and restrictions in many countries. A source had previously informed Reuters earlier month that the automaker would cut hundreds of jobs at its Sunderland plant, Britain's biggest automotive factory, because of the decreasing demand for diesel models in Europe. (more...)
Dish Network may owe you $1200 for telemarketing calls Dish Network may owe you $1200 for telemarketing calls
- May 08, 2018

Lawyers say they are encountering similar scenarios when they call clients to tell them they may be awarded money. That's because most people think it's a telemarketing scam. CBS reports that there has been a 120 percent increase in complaints about violations of the Do Not Call Registry since 2014. A judge ruled past year that Dish and its agent, Satellite Systems Network, "willingly and knowingly" violated the Telephone Consumer Protection Act, which limits telephone solicitations and ... (more...)
Three Airbnb Guests Who Are Black Questioned by Law Enforcement Three Airbnb Guests Who Are Black Questioned by Law Enforcement
- May 08, 2018

Four people were checking out and loading their luggage on to a vehicle when they were suddenly surrounded by seven police cars and a law enforcement helicopter, which began tracking them. The racist incidents led to an offshoot of short-term rental apps that host homes welcoming of Black guests and a commitment from Airbnb to end discrimination on the service . (more...)
Shire Agrees GBP46 Billion Takeover Deal With Takeda Shire Agrees GBP46 Billion Takeover Deal With Takeda
- May 08, 2018

It is considered the largest overseas acquisition by a Japanese company. The company, however, rejected the offer, describing it as "significantly" undervalued. Takeda said it represents a premium of around 64% compared with the price of its shares in late March, when rumours of Takeda's interest began to swirl. (more...)
Federal Budget to benefit hard-working Aussies, Turnbull says Federal Budget to benefit hard-working Aussies, Turnbull says
- May 08, 2018

The buoyant business conditions that have provided Scott Morrison with a tax revenue windfall for Tuesday's budget look like lasting a while yet. At present workers with a taxable income less than $66,667 get this offset. It's expected part of the tax relief will come through increasing the low-income tax offset, while the budget promises tax cuts for higher income brackets by 2024. (more...)
California to vote on solar-for-all-new-homes rule today California to vote on solar-for-all-new-homes rule today
- May 08, 2018

Specifically, reports are suggesting that the CEC will vote Tuesday on approving its 2019 Building Energy Efficiency Standards which, among other things, includes a provision requiring that all new residential buildings be built with solar PV installations. (more...)
Carnival Dream returns to port following water line break Carnival Dream returns to port following water line break
- May 08, 2018

Carnival said it provided affected guests with a full refund and a future cruise credit. Still, some passengers might pass on the offer. One of the comments on Haase's video commended the clean-up by the crew. The scene of a gushing leak, with water flowing in sheets down the hallway, was captured on a five second cell phone video that was extensively posted on social media. (more...)
Virgin Money receives £1.6bn takeover offer Virgin Money receives £1.6bn takeover offer
- May 08, 2018

The offer will see Virgin Money shareholders receive 1.1297 new CYBG shares for each Virgin share. Clydesdale, the United Kingdom bank that was spun off from National Australia Bank in early 2016, on Monday night made a preliminary scrip offer that values Virgin at £1.6 billion ($2.89 billion). (more...)
Analytical Report on Kinder Morgan, Inc. (KMI) Analytical Report on Kinder Morgan, Inc. (KMI)
- May 08, 2018

Franklin Resources Inc. now owns 41,606,868 shares of the pipeline company's stock worth $752,033,000 after buying an additional 1,044,432 shares during the last quarter. (NYSE:KMI) news were published by: 247Wallst.com which released: "What Kinder Morgan's Dividend Hike Portends" on April 19, 2018, also Seekingalpha.com with their article: "Kinder Morgan: Is The Worst Behind Us?" published on April 22, 2018, Seekingalpha.com published: "Kinder Morgan: Holding Pattern" on April 22, 2018. (more...)
Rupee plunges below 67 against dollar as oil hits $75 Rupee plunges below 67 against dollar as oil hits $75
- May 08, 2018

The rupee on Monday plunged below the 67-mark to close at a 15-month low of 67.13 against the U.S. dollar as crude oil prices zoomed past the $75 per barrel level and demand for the dollar surged. India is a large importer of crude oil; so, if oil prices go further up, it could worsen the fiscal deficit. However, provisional data showed foreign portfolio investors (FPI) s were net sellers worth Rs 635 crore in Monday's trading. (more...)
Stamp out hunger Saturday in Franklin County Stamp out hunger Saturday in Franklin County
- May 08, 2018

Last year, the food drive collected a record 80 million pounds of nonperishable food, raising the total amount of donations picked up over the quarter-century history of the drive to more than 1.5 billion pounds. "We urge the public to participate and to promote this effort where you work, at your church, or in social and service clubs", says Gloria Nye, speaking for the Rotary Club of Opelousas Sunrise. (more...)
United legend Ferguson still in intensive care United legend Ferguson still in intensive care
- May 08, 2018

Social media has been inundated with get well soon messages for the former United boss, with the who's who of world football wishing the Scot a speedy recovery. We were all praying for him and thinking of him, [Ferguson's wife] Cathy and the family. "When something like that does happen it's nice that the football world comes together and shows support and we are all rooting for him. (more...)
Comcast Attempts to Upend Disney-Fox Deal with Cash Bid Comcast Attempts to Upend Disney-Fox Deal with Cash Bid
- May 08, 2018

Disney brass has stated they would intend to consolidate Sky ownership under the House of Mouse, which would be unlikely should Comcast's acquisition attempt prove fruitful. Should Comcast's latest deal - an all cash offer - go through, however, it appears any hopes fans had of seeing the X-Men and Fantastic Four in the Marvel Cinematic Universe may simply be a pipe dream. (more...)
Chennai tourist injured in stone-pelting dies in Srinagar hospital Chennai tourist injured in stone-pelting dies in Srinagar hospital
- May 08, 2018

He was shifted to Sher-e-Kashmir Institute of Medical Sciences (SKIMS) in Srinagar where he succumbed to the injuries. A senior police official, while speaking to reporters, said Thirumani had sustained severe injuries on his head and nose. (more...)
DB Root & Company LLC Grows Position in Macquarie Infrastructure
- May 08, 2018

About 404,876 shares traded. The Williams Companies, Inc. (NYSE:APD) has risen 16.71% since May 1, 2017 and is uptrending. It has underperformed by 33.08% the S&P500. Gabelli Funds Limited Company accumulated 798,400 shares. First Trust Ltd Partnership has 0.01% invested in Virtusa Corporation (NASDAQ:VRTU) for 75,536 shares. (more...)
In the NWT? You'll get an emergency phone alert on Wednesday In the NWT? You'll get an emergency phone alert on Wednesday
- May 08, 2018

A report issued last month by the U.S. Federal Communications Commission said the false alarm, which went uncorrected for 38 minutes after being transmitted and caused widespread panic across the Pacific islands state, was a result of human error and inadequate safeguards. (more...)
U.S. issues a 'second public plea' on recalled vehicles with defective airbags U.S. issues a 'second public plea' on recalled vehicles with defective airbags
- May 08, 2018

Department of Transportation's National Highway Traffic Safety Administration has issued its second plea for drivers of 2006 Ford Rangers and Mazda B-Series trucks to take their vehicles in for a free fix. That leaves almost 19,000, or roughly 56 percent, of the more than 33,000 Rangers, and almost 1,000, or 45 percent, of the Mazda B-Series, on the road in of a fix. (more...)
Restaurants required to display calorie counts starting Monday Restaurants required to display calorie counts starting Monday
- May 08, 2018

A law mandating that fast casual restaurants post calorie counts has been in effect in New York City since 2008, however, the FDA did not finalize a standardized law that could be adopted nationwide until 2013-and the federal government has faced continual delays in implementing the regulations, as the New York Times reported previous year. (more...)
Chipotle Celebrates Teachers With Free Food Chipotle Celebrates Teachers With Free Food
- May 08, 2018

Valid only on Tuesday, May 8, 2018 between 3pm and close at participating US and Canada locations. Einstein Bagels: All week, teachers can get 20 percent off any purchase. Mr. McCray, the school's principal, said the new and improved decor has had an impact on the teachers. Joann Fabrics: Save 15 percent every day by joining Teacher Rewards. (more...)
Israeli company sold in staggering $7.1 billion deal Israeli company sold in staggering $7.1 billion deal
- May 08, 2018

Among 18 analysts covering Internationa Flavors & Fragrances (NYSE: IFF ), 8 have Buy rating, 3 Sell and 7 Hold. (NYSE: IFF ) for 4,160 shares. Great Lakes Ltd invested 0.02% in International Flavors & Fragrances Inc. 336,774 shares of the company traded hands, compared to its average volume of 403,434. The stock of International Flavors & Fragrances Inc. (NYSE: IFF ) or 3,949 shares. (more...)
Blackstone to Acquire Gramercy Property in $7.6 billion buyout deal Blackstone to Acquire Gramercy Property in $7.6 billion buyout deal
- May 08, 2018

The company a year ago sold its European arm for around $1.1 billion to a group of clients managed by Axa Investment Managers. In its financial statement released last month, Gramercy announced that it had seen a 15 per cent increase in revenue in the first quarter compared to a year ago, with the company reporting $149.5m in sales. (more...)
JetBlue flight forced to divert after windshield cracks mid-flight JetBlue flight forced to divert after windshield cracks mid-flight
- May 08, 2018

A reporter by WFTS in Tampa was to the flight and said the pilot advised them this sort of item "isn't even uncommon". A flight attendant took to the intercom to let passengers know what was happening. As I said, we are at serious risk". Another week, another commercial flight making an emergency landing due to a potentially risky malfunction. The incident comes days after a Southwest plane with a broken window was forced to make an emergency landing in Cleveland, Ohio. (more...)
Mega Millions ticket worth $4M sold in Carlisle Mega Millions ticket worth $4M sold in Carlisle
- May 08, 2018

Friday's winning numbers were: 4, 5, 10, 12 and 18. Officials say winners can claim their prizes during normal business hours at any of the nine California Lottery District Offices . A victor from OH and NY were also announced, with their tickets being worth $1 million each. Powerball and Mega Millions lottery tickets are displayed on January 3, 2018 in San Anselmo, California . (more...)
New Kia Niro EV unveiled New Kia Niro EV unveiled
- May 08, 2018

Regarding the EV's performance capabilities, the new Niro gets the manufacturer's latest-generation electric powertrain, as well as technologies developed specifically for Kia's range of electrified vehicles. However, in lieu of the standard Niro's "tiger nose" grille is blocked out in production guise. On the outside, the production-spec Niro EV remains mostly identical to the concept. (more...)
Cognizant Q1 profit declines 6.6% to Dollars 520 mn Cognizant Q1 profit declines 6.6% to Dollars 520 mn
- May 08, 2018

On 2/7/2018 NASDAQ:CTSH - Cognizant Technology Solutions announced a quarterly dividend of $0.20 0.99% with an ex dividend date of 2/21/2018 which will be payable on 2/28/2018. Insiders own 0.60% of the company's stock. 491.94 million shares or 0.85% more from 487.81 million shares in 2017Q3 were reported. Newman Dignan Sheerar has 0.16% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 4,625 shares. (more...)

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