Business


Global GDP growth forecast revised up to 3.6%, NIESR says Global GDP growth forecast revised up to 3.6%, NIESR says
- August 02, 2017

Inflation is forecast to peak at 3.0% in 2017 and fall back to 2.4% in 2018. The Bank of England should raise base rate by 0.25 per cent in early 2018, according to a top economic think tank. Market are not factoring in the kind of growth expected by the NIESR, and nor are they factoring in an interest rate rise at the Bank of England anytime soon. (more...)
You Can Now Travel Around Disney World in an Adorable 'Minnie Van' You Can Now Travel Around Disney World in an Adorable 'Minnie Van'
- August 02, 2017

The two companies teamed up to provide on-demand transportation to select Walt Disney World Resort guests in a bright red Chevrolet with white polka dots. The service can be used from 6:30 a.m.to 12:30 a.m. The vans can fit up to six passengers and come with two auto seats for those traveling with small children. (more...)
A month into GST and automobile companies are shining A month into GST and automobile companies are shining
- August 02, 2017

Sales to end-consumers, which are not tracked by companies or the industry lobby group Society of Indian Automobile Manufacturers (SIAM), may have actually slowed, according to an official at the Federation of Automobile Dealers Associations, a grouping of dealers. (more...)
USAF to test-fire Minuteman III missile days after N. Korean ICBM launch
- August 02, 2017

The Air Force Global Strike Command's missile launch is created to test the weapon system's effectiveness, accuracy and readiness, the Air Force said. Numerous media reports said an Air France flight 293, traveling from Tokyo to Paris on the day of the missile test with 323 people on board, passed through trajectory of the missile just 10 minutes before it plummeted from above. (more...)
Cognizant Technology Solutions Corporation (CTSH) Insider Sells 4999 Shares of Stock
- August 02, 2017

Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. At the end of 3/31/2017 reporting period, 365 institutional holders increased their position in Cognizant Technology Solutions Corporation (NASDAQ: CTSH ) by some 62,908,316 shares, 447 decreased positions by 66,061,351 and 112 held positions by 404,681,959. (more...)
Public Storage (PSA) Given Daily Coverage Optimism Rating of 0.19
- August 02, 2017

Bank of Montreal Can now owns 14,028 shares of the real estate investment trust's stock valued at $1,153,000 after buying an additional 315 shares in the last quarter. The ex-dividend date of this dividend is Tuesday, September 12th. Public Storage's dividend payout ratio is now 113.96%. COPYRIGHT VIOLATION WARNING: This news story was originally published by TheOlympiaReport and is the sole property of of TheOlympiaReport. (more...)
Senate Votes Down First Version of the GOP's Better Care Reconciliation Act Senate Votes Down First Version of the GOP's Better Care Reconciliation Act
- August 02, 2017

The Cruz plan allows insurers to offer cheaper, more narrow health plans alongside their more robust ACA-compliant plans. "While the House bill faces procedural hurdles, we support passage of a substitute amendment that is substantially similar to the Obamacare repeal bill sent to President Obama in January 2016", she added. (more...)
Paytm plans messaging service to rival WhatsApp Paytm plans messaging service to rival WhatsApp
- August 02, 2017

An email sent to paytm did not elicit any response till the time of publication. After getting acquired by Facebook in October 2014, WhatsApp integrated multiple features such as voice and video calling facility in line with its global peers, WeChat and Line. (more...)
Dynavax Technologies Corporation (DVAX) closed at $15.85 in the last trading session
- August 02, 2017

The 52-week range is $3.20 to $17.50 and the consensus target price is $18.75. There is no concrete way to calculate a price target. Many analysts have provided their estimated foresights on Dynavax Technologies Corporation Earnings, with 4 analysts believing the company would generate an Average Estimate of $-0.45. (more...)
RBI expected to cut interest rates by 0.25 per cent today RBI expected to cut interest rates by 0.25 per cent today
- August 02, 2017

Even then, however, inflation would remain within target. The central bank last cut its key interest rate in October 2016. RBI , on Wednesday is going to slump the Key interest loan rate, i.e., today. Reuters Poll shown that, RBI will cut its repo rate by 25 basis points to 6.00 percent - the lowest since November 2010 - as a slump in food prices sent June consumer inflation to a more than five-year low of 1.54 percent. (more...)
Perrigo (PRGO) Receives Daily Media Sentiment Score of 0.13
- August 02, 2017

Riley & Co on Friday, February 19 to "Neutral". On Monday, January 23 the stock rating was maintained by Jefferies with "Hold". On a consensus basis the Street sees the stock heading to 76.00 in the near term. 75 funds opened positions while 116 raised stakes. Raymond James & invested 0.01% in Perrigo Company plc Ordinary Shares (NYSE:PRGO). It was reported on Jul, 31 by Barchart.com . (more...)
Leerink Swann Weighs in on Boston Scientific Corporation's Q3 2017 Earnings (BSX)
- August 02, 2017

In terms of volatility , it has a beta coefficient of 1.1 and technical analysis volatility indicator called Average True Range or ATR around 0.39. boosted its stake in shares of Boston Scientific Corporation by 7.2% in the first quarter. ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. (more...)
Julie Dill Acquires 5000 Shares of QEP Resources, Inc. (NYSE:QEP) Stock
- August 02, 2017

Sei Investments Co. now owns 60,648 shares of the pipeline company's stock valued at $771,000 after buying an additional 273 shares during the last quarter. QEP Resources's quarterly revenue was up 15.0% compared to the same quarter previous year. Comparatively, QEP posted earnings of $-0.12 per share in the same quarter, a year earlier. (more...)
Dr Pepper Snapple Group's (DPS) Buy Rating Reaffirmed at Jefferies Group LLC Dr Pepper Snapple Group's (DPS) Buy Rating Reaffirmed at Jefferies Group LLC
- August 02, 2017

BB&T Corp owned approximately 0.10% of Dr Pepper Snapple Group worth $17,359,000 as of its most recent filing with the SEC. Pictet Asset Management Ltd. The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.77 billion. 01/09/2017 - Dr Pepper Snapple Group , Inc was upgraded to "neutral" by analysts at Goldman Sachs. (more...)
Rio Tinto plc (RIO) Stock Rating Reaffirmed by Macquarie Rio Tinto plc (RIO) Stock Rating Reaffirmed by Macquarie
- August 02, 2017

Cornerstone Financial Partners LLC purchased a new position in shares of Rio Tinto PLC during the first quarter worth $3,968,000. Grassi Investment Management now owns 151,975 shares of the mining company's stock worth $6,182,000 after buying an additional 144,975 shares during the period. (more...)
Maintains Position in Comerica Incorporated (CMA)
- August 02, 2017

The 8 months triangle pattern indicates high risk for the $12.88B company. The stock declined 0.51% or $0.37 reaching $71.98 on the news. Comerica Incorporated (NYSE: CMA ) has risen 54.07% since August 1, 2016 and is uptrending. Robinson Capital Management Llc holds 5.39% of its portfolio in Nuveen Dividend Advantage Municipal Fund for 710,863 shares. Sold All: 41 Reduced: 145 Increased: 126 New Position: 92. (more...)
Analysts Insights on Mitsubishi Ufj Financial Group Inc (MTU) Analysts Insights on Mitsubishi Ufj Financial Group Inc (MTU)
- August 02, 2017

The company has an average rating of "Buy" and an average price target of $7.50. Capstone Asset Management Co. boosted its stake in shares of Mitsubishi UFJ Financial Group by 1.0% in the first quarter. Mitsubishi Ufj Financial Group Inc (NYSE:MTU) 52-week high price stands at $7.01 and low price stands at $4.81, its price distance from 52-week high is -9.13% while its distance from 52-week low price is 32.43%. (more...)
International Business Machines Corporation International Business Machines Corporation
- August 02, 2017

The stock rose 1.61% or $0.77 reaching $48.7 per share. (NYSE: IBM ) for 1.31M shares. During the last 52 weeks, the (NYSE:IBM) price has been as high as $182.79 and as low as $143.64. Investment analysts at KeyCorp boosted their FY2017 EPS estimates for International Business Machines Corporation in a report issued on Tuesday. The company was maintained on Wednesday, April 26 by Wells Fargo. (more...)
CVS Corporation (NYSE:CVS) Receives An Update From Brokers
- August 02, 2017

Central Bank & Trust Co decreased Cvs Caremark Corp (CVS) stake by 26.08% reported in 2016Q4 SEC filing. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/08/01/stack-financial-management-inc-boosts-stake-in-cvs-health-corporation-nysecvs.html. (more...)
$0.50 EPS Expected for Green Plains Partners LP (GPP)
- August 02, 2017

Resolute Energy Corp (NYSE:REN) has risen 1441.16% since August 1, 2016 and is uptrending. It has underperformed by 3.36% the S&P500. As per Thursday, August 18, the company rating was initiated by DA Davidson. The company was initiated on Tuesday, July 21 by Macquarie Research. (NYSE:NLY) earned "Neutral" rating by Bank of America on Friday, October 9. Several equities research analysts have commented on GPP shares. (more...)
Japan's Abe And US's Trump Call North Korea Japan's Abe And US's Trump Call North Korea "Growing Direct Threat"
- August 02, 2017

Speaking to reporters at the State Department days after Pyongyang tested its second intercontinental ballistic missile (ICBM), Tillerson reiterated that Washington sought to persuade North Korea to give up its missile and nuclear weapons programs through peaceful pressure. (more...)
July auto sales actually weren't bad at all July auto sales actually weren't bad at all
- August 02, 2017

Finally, Vanguard Group Inc. raised its position in shares of Ford Motor by 2.3% in the first quarter. Wilsey Asset Management Inc. now owns 258,800 shares of the auto manufacturer's stock worth $9,166,000 after buying an additional 6,343 shares during the period. (more...)
Gujarat CM appeals to contribute generously in chief minister relief fund Gujarat CM appeals to contribute generously in chief minister relief fund
- August 02, 2017

Most of the people who were relocated have now returned to their villages, the official said, adding the administration was now focused on providing them food and preventing outbreak of water-borne diseases. Gujarat CM Vijay Rupani has decided not to celebrate his 56th birthday on Wednesday and will dedicate the day to the flood victims of Banaskantha and Patan. (more...)
Tower Semiconductor Ltd. (NASDAQ:TSEM) Valuation According To Analysts
- August 02, 2017

TheStreet raised Tower Semiconductor from a "c" rating to a "b-" rating in a research note on Monday, May 8th. Finally, Sei Investments Co. increased its position in Tower Semiconductor by 12.7% in the first quarter. increased its stake in shares of Tower Semiconductor by 319.3% in the first quarter. 154,763 shares of the company's stock traded hands. JPMorgan Chase & Co. (more...)
Scripps Networks Interactive, Inc (NASDAQ:SNI) Upgraded at Citigroup Inc
- August 02, 2017

Montecito Bank & Trust, a California-based fund reported 4,948 shares. The Alabama-based Retirement System Of Alabama has invested 0.02% in Scripps Networks Interactive, Inc . On August 1, 2017 the stock rating was set at "Neutral" by Argus which was a cut from the previous " rating. About 8.88M shares traded or 152.27% up from the average. (more...)
Legato Capital Management LLC Boosts Stake in Tetra Tech, Inc. (NASDAQ:TTEK)
- August 02, 2017

Municipal Employees Retirement System of MI now owns 26,270 shares of the oil and gas company's stock worth $107,000 after buying an additional 5,030 shares in the last quarter. $217,671 worth of stock was sold by LAYBOURNE GERALDINE B on Monday, April 3. Shares for $778,282 were sold by SALIN JANIS B. A value of 0 would indicate that shares are now trading at the 52-week low. (more...)
Kite Realty Group Trust (KRG) Shares Bought by Presima Inc Kite Realty Group Trust (KRG) Shares Bought by Presima Inc
- August 02, 2017

Other institutional investors also recently made changes to their positions in the company. First Industrial Realty Trust has a 52 week low of $24.85 and a 52 week high of $31.14. The ex-dividend date is Thursday, September 21st. TRADEMARK VIOLATION NOTICE: "Education Realty Trust Inc". Finally, Metropolitan Life Insurance Co. (more...)
Applied Materials, Inc. (AMAT) — Trending Stock Analysis Applied Materials, Inc. (AMAT) — Trending Stock Analysis
- August 02, 2017

Citigroup, a New York-based fund reported 3.29 million shares. It has outperformed by 104.70% the S&P500. UBS AG reissued a "buy" recommendation and given a $51.00 price objective (up from $44.00) on stocks of Applied Materials in a study note published on Wed, May 17th. (more...)
Disney hiring Floridians to work from home Disney hiring Floridians to work from home
- August 02, 2017

Disney employees are commonly referred to as "cast members". They would be responsible for creating "Magical Moments for Guests of all ages, as well as ensuring a superior Guest experience". (more...)
Employees Get Microchipped for Work Employees Get Microchipped for Work
- August 02, 2017

Three Square Market, which provides mini convenience stores in break rooms, is set to host a chipping party for those taking up the offer. KSTP reported Westby had the implantation on Monday ahead of other employees having their own procedure Tuesday. (more...)