Business


Move Over, Pumpkin Spice Lattes: Starbucks Has a New Fall Drink Move Over, Pumpkin Spice Lattes: Starbucks Has a New Fall Drink
- September 21, 2017

On Thursday, Starbucks announced that it would debut the new Maple Pecan Latte on Friday to celebrate the first day of fall. "Our espresso shot is the core of our handcrafted beverages", Debbie Antonio from Starbucks' beverage research department said in a release. (more...)
U.S. stocks close higher ahead as Fed meeting starts
- September 21, 2017

Technology and financial companies fell. It was widely expected that the USA central bank won't raise interest rates following the meeting, but investors believe the Fed will announce the unwinding of its 4.5-trillion-U.S. Best Buy fell 8 percent after the No. 1 US electronics retailer forecast fiscal 2021 adjusted earnings well below Wall Street estimates. Sales were hurt by a worsening shortage of homes for sale, a trend exacerbated by the damage caused by Hurricane Harvey's strike on ... (more...)
Watching Historical Performance for Freeport-McMoran, Inc. (NYSE:FCX)
- September 21, 2017

The institutional investors in our partner's database now have: 962.50 million shares, down from 989.56 million shares in 2017Q1. Putnam Invests Limited invested 0.04% in Freeport-McMoRan Inc (NYSE: FCX ). Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. (more...)
KB Home Cuts CEO Bonus After Kathy Griffin Rant KB Home Cuts CEO Bonus After Kathy Griffin Rant
- September 21, 2017

Mezger earned almost $9 million in total compensation, making him the fifth-highest paid chief executive among publicly traded homebuilding companies in the United States, according to Builder magazine. KB Home stated Thursday in a regulatory filing that Mezger will be reprimanded. It also warned that if there was any "similar incident" in the future, Mezger will be dismissed. (more...)
China raises bullet train speed six years after crash China raises bullet train speed six years after crash
- September 21, 2017

The acceleration cuts the 1,318-kilometre (819-mile) Beijing-Shanghai journey to 4 hours and 28 minutes, saving passengers almost an hour. The China Railway Corp which runs the train said last month that it will be the world's fastest commercially-used bullet train. (more...)
World´s richest woman Liliane Bettencourt dies aged 94 World´s richest woman Liliane Bettencourt dies aged 94
- September 21, 2017

Her father, Eugène Schueller, founded a company in 1909, which turned into the L'Oreal group. Bettencourt ranked as the 14th richest person in the world, according to Forbes magazine, which estimated her net worth in March at $39.5 billion (33 billion euros). (more...)
September deliveries of Volkswagen Group diesels threatened by Greenpeace protests September deliveries of Volkswagen Group diesels threatened by Greenpeace protests
- September 21, 2017

The Greenpeace spokesman added: "Simultaneously, 41 volunteers have scaled the fences at Sheerness port in Kent - the intended destination of the ship -and gained access to the vehicle park, where several thousand VW diesel cars are awaiting distribution to suppliers". (more...)
The dollar rose before the Federal Reserve meeting The dollar rose before the Federal Reserve meeting
- September 21, 2017

The broader all-share index also gained 50 points, or 1 percent, to settle at 4,886.48, on a value turnover of P8.1 billion. London's FTSE 100 added 0.4 percent to 7,246. The Reserve Bank of Australia is due to release minutes of its meeting earlier this month. The single currency was backed by inflation figures in the euro area, which justified economic forecasts. (more...)
CRH buys Ash Grove Cement for US$3.5bn CRH buys Ash Grove Cement for US$3.5bn
- September 21, 2017

CRH is the world's third-biggest building materials supplier and the largest producer of asphalt and the third-largest producer of construction aggregates in the US. CRH shares rose 4.9 percent in early trading, the top pan-European STOXX 600 performer, as analysts pointed to CRH moving capital into a higher margin business at lower multiples as promised when selling its USA distribution business last month in a $2.6 billion cash deal. (more...)
USA weekly jobless claims lower than expected USA weekly jobless claims lower than expected
- September 21, 2017

Unemployment claims in the United States fell back unexpectedly during the latest week, contrary to some economists' forecasts, even as the Department of Labor reiterated that hurricanes Harvey and Irma had impacted the data. As per the official Harvey and Irma affected claims for Texas and Florida. Employers are adding an average 176,000 jobs a month so far in 2017, down from 187,000 a year ago and 226,000 in 2015. (more...)
Uncapped' Samarawickrama, Roshen Silva named in Lanka Test squad against Pakistan
- September 21, 2017

Middle order batsman Silva could be given the chance to make a late test debut for his country at the age of 28, along with fast bowler Gamage, who is a year older. The first of the two-Test series against Pakistan starts on September 28 in Sheikh Zayed Stadium in Abu Dhabi. The squad will leave for UAE this coming Sunday. (more...)
Bill Gates still doesn't like the Ctrl-Alt-Del function Bill Gates still doesn't like the Ctrl-Alt-Del function
- September 21, 2017

So it's no surprise that Gates had a philosophical answer when pressed at a Bloomberg event today on whether or not he regrets " control-alt-delete ", the infamous two-handed keystroke for logging in to or restarting a Windows PC. As Ars Technica noted at the time , the function was initially a BIOS feature, but Microsoft made it software feature in Windows 3.0's Enhanced Mode. (more...)
Dollar climbs, bonds slide as Fed sees 2017 hike
- September 21, 2017

Benchmark 10-year notes last fell 2/32 in price to yield 2.2375 percent, from 2.23 percent late on Monday. The reaction in the Treasury market "suggests a lot of people maybe weren't anticipating the Fed would stick with the third rate hike expectation this year". (more...)
Anadarko Petroleum Corporation (APC) Stake Lowered by Lazard Asset Management LLC
- September 21, 2017

The stock of Anadarko Petroleum Corporation (NYSE:APC) has "Neutral" rating given on Wednesday, May 4 by Alembic. Price Target plays a critical role when it comes to the analysis of a Stock. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.46%. (more...)
Equifax team accidentally sent some people to a phishing website Equifax team accidentally sent some people to a phishing website
- September 21, 2017

Although Equifax's Twitter account used the proper URL most of the time, the mock page was sent out in tweets from the account at least seven times. Although the misspelled link likely wasn't intentional on Equifax's part, it demonstrates just how easy it is for attackers to trick consumers - even the company's own support team was fooled. (more...)
Fed keeps U.S. rates steady, to unwind portfolio in October Fed keeps U.S. rates steady, to unwind portfolio in October
- September 21, 2017

Moody's Analytics chief economist Mark Zandi said inflation expectations are critical. Yields rise as bond prices fall. Today the Federal Reserve's Federal Open Market Committee will publicly announce whether or not it will raise its benchmark interest rates. (more...)
Matrimony.com debuts on the bourses, slips above 5% Matrimony.com debuts on the bourses, slips above 5%
- September 21, 2017

In terms of trading volume, 5.91 lakh shares of the company were traded on the BSE and over 25 lakh shares changed hands on the NSE during the morning trade. Matrimony.com returned to profitability in fiscal year 2017 after three consecutive years of losses, according to its share sale prospectus. The company is raising funds through this issue for advertising and business promotion activities, to purchase of land for construction of office premises in Chennai, for the repayment of ... (more...)
Revenue Approximations Analysis: Plains GP Holdings, LP (PAGP), CVS Health Corporation (CVS) Revenue Approximations Analysis: Plains GP Holdings, LP (PAGP), CVS Health Corporation (CVS)
- September 21, 2017

The volume of the particular stock is the shares bought and sold in a single trading day. It has underperformed by 41.10% the S&P500. Short interest increased 466,190 over that period. More interesting news about CVS Health Corp (NYSE:CVS) were released by: Fool.com and their article: "CVS Health Hopes Partnerships Will Power Growth" published on August 22, 2017 as well as Seekingalpha.com's news article titled: "CareFirst BCBS re-ups with CVS Caremark" with publication date: September 05, 2017. (more...)
Amazon Reviewing Site After Algorithm Suggests Bomb Supplies Amazon Reviewing Site After Algorithm Suggests Bomb Supplies
- September 21, 2017

On Wednesday, Amazon told Reuters it was "reviewing its website" after the UK's Channel 4 News reported that the e-commerce giant's algorithm suggests that shoppers pair certain items with products that can be used to create homemade explosives . (more...)
Technicals Under Review For Shares of Golden Energy & Resources Ltd
- September 21, 2017

The stock market is still producing plenty of green arrows, and investors need to be able to capitalize. Normal oscillations tend to stay in the range of -100 to +100. 1 analysts on average are expecting the company to report revenue of $94.74 Million for the current quarter. In terms of moving averages, the 200-day is now at 0.47, the 50-day is 0.53, and the 7-day is resting at 0.56. (more...)
Analyst Observation On 2 Stocks: WMIH Corp. (WMIH), RSP Permian, Inc. (RSPP)
- September 21, 2017

We have $35.58 PT which if reached, will make NYSE:RSPP worth $417.60 million more. The Firm operates through two divisions: Test and Sensors. It has a 12.75 P/E ratio. The company has market cap of $912.45 million. Blackrock Advsrs Limited Liability Company has invested 0.03% in RSP Permian Inc (NYSE:RSPP). Bank of America maintained the shares of RSPP in report on Wednesday, July 19 with "Buy" rating. (more...)
Time Warner Inc Institutional Investor Sentiment Worsened in 2017 Q2
- September 21, 2017

It has outperformed by 21.56% the S&P500. Peter Adam Hochfelder decreased its stake in Time Warner Inc ( TWX ) by 3.81% based on its latest 2016Q4 regulatory filing with the SEC. The media conglomerate reported $1.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.19 by $0.14. The expected TWX's profit could reach $1.24B giving the stock 16.18 P/E in the case that $1.59 earnings per share is reported. (more...)
CBL & Associates Properties, Inc. (CBL) Holdings Lifted by LSV Asset Management CBL & Associates Properties, Inc. (CBL) Holdings Lifted by LSV Asset Management
- September 21, 2017

The company had seen its current volume reaching at 2.33 million shares in the last trade. This volume capacity is dissimilar from 3 months average volume. They now have a Dollars 17.5 price target on the stock. Quite often, a stock's ultra-high yield is simply the result of investors worrying about its dividend safety . (more...)
Apple Inc. (NASDAQ:AAPL) Experiences Lighter than Average Trading Volume
- September 21, 2017

Apple Inc. (NASDAQ: AAPL ) has risen 62.48% since September 20, 2016 and is uptrending. It has outperformed by 45.78% the S&P500. Gam Holding Ag increased American Finl Group Inc Ohio (AFG) stake by 13.86% reported in 2016Q4 SEC filing. Longbow Research reissued their buy rating on shares of Apple Inc. (NASDAQ:AAPL) for 185,299 shares. Short shares increased 8,991,918 over that timeframe. (more...)
Tracking Metrics on Shares of Norwegian Cruise Line Holdings Ltd (NCLH) Tracking Metrics on Shares of Norwegian Cruise Line Holdings Ltd (NCLH)
- September 21, 2017

A commonly used tool among technical stock analysts is the moving average. It is important to note that the ATR was not created to determine price direction or to predict future prices. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". The RSI may be useful for spotting abnormal price activity and volatility. (more...)
Comcast Corporation (NASDAQ:CMCSA) Upgraded at Moffett Nathanson
- September 21, 2017

Comcast Corp New now has $177.10 billion valuation. The stock increased 0.51% or $0.19 during the last trading session, reaching $37.3. About 35,360 shares traded. Also, Director Kenneth J. Bacon sold 2,232 shares of the stock in a transaction on Friday, September 15th. Gluskin Sheff & Assoc Inc decreased Intersil Corp. (more...)
Devon Energy Corp (NYSE:DVN) Q2 2017 Institutional Investor Sentiment Steady
- September 21, 2017

The stock declined 5.02% or $1.52 reaching $28.85 on the news. About 69,956 shares traded. The value of the investment in Devon Energy Corporation went from $173,000 to $180,596,000 increasing 104,290.8% since the last quarter. Investors with a record date on early Fri, Dec 15th will be paid a $0.06 dividend. this indicates a $0.24 annual dividend and a payout of of 0.71%. Duncker Streett Co invested in 0.02% or 1,478 shares. (more...)
United Kingdom government borrowing falls on tax gain United Kingdom government borrowing falls on tax gain
- September 21, 2017

The public sector borrowed £5.7bn in the month of August, down £1.3bn from the same period a year ago, the lowest figure for August since 2007. LONDON-U.K. But the deficit is expected to widen again to 2.9 percent of GDP this year when Hammond will have fewer one-off factors to help him than last year. (more...)
Iowa Department of Revenue says no special legislative session required Iowa Department of Revenue says no special legislative session required
- September 21, 2017

Reynolds' budget chief announced Wednesday, a combination of factors led to a lower end of year deficit. The amount of the transfer is well under the legal amount of $50 million that she could transfer from the economic emergency fund without legislative consent. (more...)
Karisma wishes baby sis Kareena on birthday with adorable childhood pic Karisma wishes baby sis Kareena on birthday with adorable childhood pic
- September 21, 2017

She was in Delhi for a product launch and she caught everyone's eyes. While early bird Rhea Kapoor shared her post for Kapoor Khan on the eve of her birthday last night, BFF Amrita Arora Ladak was amongst the first few to wish the actor on social media this morning, with a picture of herself giving Kapoor Khan a big kiss. (more...)

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