Business


Uber Hires Former Safety Regulator Following Fatal Crash Uber Hires Former Safety Regulator Following Fatal Crash
- May 09, 2018

A self-driving auto operated by Uber that killed a pedestrian allegedly detected her as she crossed the road but "chose" not to alter its course. Any self-driving vehicle system is going to be "tuned" to a level of caution, and it appears that Uber may have had problems with false positives, so made a decision to "de-tune" the system not to react. (more...)
SSE and Npower merger faces full competition investigation SSE and Npower merger faces full competition investigation
- May 09, 2018

The UK's competition watchdog has opened an in-depth investigation into the proposed merger of "big six" energy firms npower and SSE. The pair had been given until May 3 to put forward proposals. It would consolidate SSE's position as the country's second largest supplier of household energy behind Centrica-owned British Gas, with a combined customer base of more than 11 million and revenues of £11bn. (more...)
Texas Instruments (TXN) To Go Ex-Dividend on May 4th
- May 09, 2018

The institutional investor held 9,312 shares of the semiconductors company at the end of 2017Q4, valued at $973,000, up from 5,573 at the end of the previous reported quarter. Davidson D A & Company decreased Johnson & Johnson (JNJ) stake by 10.38% reported in 2017Q4 SEC filing. It also reduced Progressive Corp/The (NYSE:PGR) stake by 12,100 shares and now owns 165,125 shares. (more...)
Corning (GLW) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
- May 09, 2018

Corning Inc now has $22.34 billion valuation . The stock decreased 0.61% or $0.165 during the last trading session, reaching $26.795. The company's stock had a trading volume of 4,823,165 shares, compared to its average volume of 7,408,375. (more...)
Robecosam AG Reduces Position in CVS Health (CVS)
- May 09, 2018

The shares were bought at an average cost of $61.99 per share, with a total value of $619,900.00. Since November 10, 2017 according to StockzIntelligence Inc CVS Health Corporation has 27 analyst reports. With 800 avg volume, 0 days are for BGEO GROUP PLC ORDINARY SHARES (OTCMKTS:BDGSF)'s short sellers to cover BDGSF's short positions. Bbva Compass Bank Inc has 0.21% invested in CVS Health Corporation ( NYSE : CVS ). (more...)
DSP Group to buy out BlackRock's stake in JV DSP Group to buy out BlackRock's stake in JV
- May 09, 2018

BlackRock Inc. which now owns a 40% stake in the JV, is one of the largest listed asset management companies in the world. "The joint venture partners have entered an agreement whereby DSP Group will acquire the entire 40 per cent stake of BlackRock, to become the sole owner", DSP Group, which is led by Hemendra Kothari, said in a statement. (more...)
Patterson-UTI (PTEN) Lifted to Hold at BidaskClub
- May 09, 2018

PTEN stock traded up $0.38 during trading on Thursday, hitting $22.45. US Bancorp DE now owns 35,950 shares of the oil and gas company's stock worth $629,000 after buying an additional 3,129 shares during the period. As of now, Colony NorthStar, Inc . has a P/S, P/E and P/B values of 1.15, 0 and 0.5 respectively. Its shares last traded at a price of $22.07 per share. (more...)
Qatar And Glencore Scrap Plan To Sell Rosneft Stake To CEFC Qatar And Glencore Scrap Plan To Sell Rosneft Stake To CEFC
- May 09, 2018

Baar, Switzerland-based Glencore said Friday that it has sent notice to CEFC China Energy Company Ltd. that the deal has been canceled. The moves comes about two months after news outlets in China reported that Ye Jianming, chairman of CEFC Energy, had been detained for questioning amid a sprawling anti-corruption crackdown targeting wealthy businesspeople. (more...)
Retail sales growth 'fell off a cliff' in April, new report says Retail sales growth 'fell off a cliff' in April, new report says
- May 09, 2018

The industry body has been publishing its monthly BRC-KPMG retail sales monitor since January 1995. Helen Dickinson, CEO at the BRC, said: "A drop in sales this April, compared to last, was nearly inevitable given the earlier timing of Easter". (more...)
Aegion (AEGN) Upgraded at ValuEngine
- May 09, 2018

The stock has a market capitalization of $752.91 million, a PE ratio of 23.45, a P/E/G ratio of 1.38 and a beta of 1.72. Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. (more...)
Toyota expects 15% drop in net profit in FY2018 on yen's rise Toyota expects 15% drop in net profit in FY2018 on yen's rise
- May 09, 2018

Toyota's forecast relies upon the premise the yen will trade around 105 yen into the USA buck at the current financial calendar year, when compared to 111 yen in the calendar year just ended. A stronger yen makes Japanese auto makers less competitive in foreign markets and deflates profits when repatriated. It expects sales in North America, its biggest market, to ease slightly to 2.8 million units, while sales in Asia are seen rising to 1.67 million units from 1.54 million a year ago. (more...)
Enbridge (ENB) Sees Significant Increase in Short Interest
- May 09, 2018

Total debt to equity ratio of the company for most recent quarter is 4.39 whereas long term debt to equity ratio for most recent quarter is 4.1. Enbridge Energy LP (NYSE:EEP)'s price to sales ratio for trailing twelve month stands at 1.58, whereas its price to book ratio for the most recent quarters is at 2.25. (more...)
Catholic priest charged with sexual abuse of 2 boys Catholic priest charged with sexual abuse of 2 boys
- May 09, 2018

The victims were eight and 15 years old when the abuse began, prosecutors said. Poulson served the diocese for 40 years. On Feb. 13, the diocese announced Poulson had resigned as pastor at St. In April, the Erie Catholic Diocese released a list of all priests and laypersons credibly accused of sexual abuse during a news conference April 6. (more...)
Apple and oil lead Wall Street higher
- May 09, 2018

Stocks are ending little changed and oil prices fell after President Donald Trump said the USA was withdrawing from a landmark nuclear deal with Iran and would reimpose sanctions on the country. Almost 80 percent of the 417 S&P 500 companies that have reported so far have topped profit estimates, according to Thomson Reuters I/B/E/S. Brent crude, the global standard, gained $1.30, or 1.7 percent, to close at $76.17 a barrel in London. (more...)
Noteworthy Stock: Express Scripts Holding Company (ESRX)
- May 09, 2018

The stock decreased 1.88% or $1.31 during the last trading session, reaching $68.38. These shares are worth $1,525,287 and were traded at $76.69 each. On Thursday, March 8 the stock has "Hold" rating by William Blair. The firm has "Underweight" rating given on Thursday, August 10 by Morgan Stanley. (more...)
Marathon Petroleum (NYSE:MPC) Releases Earnings Results, Misses Expectations By $0.07 EPS Marathon Petroleum (NYSE:MPC) Releases Earnings Results, Misses Expectations By $0.07 EPS
- May 09, 2018

The stock decreased 1.09% or $0.8312 during the last trading session, reaching $75.6688. These shares are worth $1,395,400 and were traded at $69.77 each. Technical Analysis of Marathon Petroleum Corporation: ATR stands at 2.55 while a Beta factor of the stock stands at 1.34. Kohl's Corporation (NYSE:KSS) market capitalization at present is $10.15B at the rate of $60.38 a share. (more...)
As Glaxosmithkline (GSK) Shares Rose, Shareholder Kahn Brothers Group INC Increased Stake
- May 09, 2018

It has underperformed by 21.62% the S&P500. Okta, Inc. (NASDAQ:OKTA) has 0.00% since May 8, 2017 and is. Hbk Sorce Advisory Llc sold 8,628 shares as Glaxosmithkline Plc ( GSK)'s stock rose 9.28%. Sei Invests reported 0% of its portfolio in Triumph Group, Inc. Maverick Limited holds 6.5% in Facebook, Inc. Swiss Bancorporation owns 998,138 shares for 0.06% of their portfolio. (more...)
GOP's Michael Piwowar Leaving SEC GOP's Michael Piwowar Leaving SEC
- May 09, 2018

According to the Washington Examiner , Piwowar is the longest serving Republican on the SEC. It has been an honor to serve the American people at such a respected agency and work with such dedicated and talented staff. The commissioner was highly critical of the Dodd-Frank Act, which led to several new SEC regulations for Wall Street in the wake of the 2008 financial crisis. (more...)
Student shot near Northeast DC school Student shot near Northeast DC school
- May 09, 2018

Sources said classes had just dismissed for the day when the student got into an argument with some teens gathered across the street. The IDEA Public Charter School said one of its students was involved in a "serious incident" across the street from the school following dismissal on Tuesday. (more...)
Securities Analyst Recommendations: American Airlines Group Inc. (AAL), Oxford Industries, Inc. (OXM) Securities Analyst Recommendations: American Airlines Group Inc. (AAL), Oxford Industries, Inc. (OXM)
- May 09, 2018

Mraz Amerine & Associates Inc. owns 37,430 shares or 6.84% of their U.S. portfolio. ( AAL ). A frequently used tool among technical stock analysts is the moving average. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. Over the same time span, the stock marked US$59.08 as its best level and the lowest price reached was US$40.65. (more...)
Niwot's Crocs exceeds expectations on earnings, revenue
- May 09, 2018

Cutter Brokerage holds 0.11% or 22,000 shares in its portfolio. State Of Tennessee Treasury Department owns 56,350 shares. Tradewinds Cap Mgmt Ltd Liability Com holds 0% of its portfolio in Crocs, Inc . Stifel Nicolaus maintained the shares of ORCL in report on Monday, July 24 with "Buy" rating. Robert W. Baird maintained Crocs, Inc . (NASDAQ: CROX ) earned "Hold" rating by Susquehanna on Thursday, August 10. (more...)
Vodafone buys Liberty Global assets for €18.4 billion Vodafone buys Liberty Global assets for €18.4 billion
- May 09, 2018

The talks coincide with a mergers and acquisitions boom in Britain as company bosses take advantage of the availability of cheap debt financing and confidence in the global economy to strike deals. Wednesday's tie-up may not mark the end of Liberty and Vodafone's discussions. The €18.4-billion deal follows years of talks between the two companies and comes after they formed a joint venture in the Netherlands. (more...)
PepsiCo (PEP) Sees Significant Decrease in Short Interest
- May 09, 2018

It also increased its holding in Now Inc (NYSE:DNOW) by 91,985 shares in the quarter, for a total of 7.87 million shares, and has risen its stake in Anthem Inc (NYSE:ANTM). PepsiCo had 69 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Friday, April 27 with "Hold". (more...)
Wade GW & Inc. Increases Position in Crown Castle International Corp. (CCI)
- May 09, 2018

CCI traded at an unexpectedly low level on 07/05/2018 when the stock experienced a -0.73% loss to a closing price of $102.56. In related news, SVP Kenneth Jay Simon sold 693 shares of Crown Castle International stock in a transaction on Friday, February 23rd. (more...)
NextEra Energy (NEE) Shares Sold by Reynders McVeigh Capital Management LLC
- May 09, 2018

DTE Energy Company (NYSE:DTE) has risen 1.88% since May 7, 2017 and is uptrending. It has outperformed by 0.96% the S&P500. Finally, JPMorgan Chase increased their price objective on shares of NextEra Energy from $167.00 to $170.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 10th. (more...)
EA: 'Battlefield' Has 54 Million Players This Generation EA: 'Battlefield' Has 54 Million Players This Generation
- May 09, 2018

The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Shares of Electronic Arts stock traded down $0.03 during trading hours on Friday, reaching $123.89. Insiders have sold 80,879 shares of company stock valued at $9,862,914 in the last 90 days. Neuberger Berman Group LLC raised its position in shares of Electronic Arts by 13.3% in the first quarter. (more...)
How ticket splitting could save you money on rail fares How ticket splitting could save you money on rail fares
- May 09, 2018

Jane Gratton, head of business environment at the British Chambers of Commerce, said fee reform was long overdue. It assumes all customers will buy their ticket by visiting a ticket office and sets out in detail how customers must be able to buy a ticket from each of the 2,500 stations in Britain to every other station in the country. (more...)
Zillow (ZG) Announces Quarterly Earnings Results
- May 09, 2018

In an analyst report shared with investors on 8 May, RBC Capital downgraded their rating for shares of Zillow Group Inc (ZG ) to a Hold and they now have a $52.0000 target price on the stock. Moreover, Pacific Ridge Capital Partners Llc has 0.25% invested in the company for 102,840 shares. The disclosure for this sale can be found here. Z outperformed the S&P 500 by 47.09%. (more...)
Hain Celestial Group (HAIN) Receives Daily Media Impact Score of 0.41 Hain Celestial Group (HAIN) Receives Daily Media Impact Score of 0.41
- May 09, 2018

Hain Celestial Group had a return on equity of 8.35% and a net margin of 3.38%. Shares of NASDAQ:HAIN opened at $28.50 on Tuesday. Fred Alger Mngmt Inc accumulated 307 shares. The stock now has an average rating of Hold and a consensus target price of $40.05. Paragon Associates & Paragon Associates Ii Joint Venture bought 30,000 shares as the company's stock declined 23.03% with the market. (more...)
Raymond James & Associates Invests $1.70 Million in Scripps Networks Interactive, Inc
- May 09, 2018

Ltd. now owns 137,769 shares of the company's stock worth $11,831,000 after purchasing an additional 5,814 shares during the period. Raymond James & Associates purchased a new position in Scripps Networks Interactive, Inc . (NASDAQ:SNI) rating on Tuesday, August 8. Citigroup downgraded the shares of YNDX in report on Friday, September 11 to "Neutral" rating. Scripps Networks Interactive makes up about 2.5% of Archon Partners LLC's investment portfolio, making the stock its 17th largest ... (more...)

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