Business


Sell-Side Upside & Dividend: Coca-Cola European Partners plc (NYSE:CCE) Sell-Side Upside & Dividend: Coca-Cola European Partners plc (NYSE:CCE)
- October 02, 2017

The stock declined 0.20% or $0.09 reaching $44.92 on the news. A spokesperson from Coca-Cola Great Britain said: "Our global PET bottle usage number for 2016 is 59%, an increase of 1% from 58% in 2015". Valley National Advisers owns 62 shares. On Thursday, June 8 the insider Johnson Andrew Martin sold $211,900. Welch Investments LLC now owns 3,497 shares of the company's stock valued at $148,000 after purchasing an additional 733 shares in the last quarter. (more...)
PAREXEL International Corporation (NASDAQ:PRXL) Holdings Cut by Piermont Capital Management Inc
- October 02, 2017

Piermont Capital Management Inc.'s holdings in PAREXEL International Corporation were worth $1,255,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently modified their holdings of the company. (more...)
GM to offer 2 more electric vehicles in next 18 months GM to offer 2 more electric vehicles in next 18 months
- October 02, 2017

He noted that GM has sold "thousands" of the Bolt in its first year, and that Chevrolet customers "love them". The vehicle is part of GM's plan to introduce fuel-cell vehicles to its lineup in addition to plug-in electric vehicles and hybrids. (more...)
Investors Feeling Jittery About BioTime, Inc. (BTX), Walgreens Boots Alliance, Inc. (WBA)
- October 02, 2017

The firm has shaped a compelling indication for investors in the most recent trading. However, its trading capacity stayed around 278.9 million shares in normal days. The stock has an average rating of "Buy" and an average target price of $92.06. Of those analysts, 9 rate stock as a Strong Buy, 3 rate it as Hold, and just no analyst rates it as a Moderate Sell. (more...)
ISM Manufacturing Index (PMI) Surges, Beats Forecast for 4th Straight Month ISM Manufacturing Index (PMI) Surges, Beats Forecast for 4th Straight Month
- October 02, 2017

The ISM headline index rose to 60.8 in September, from 58.8 in August, as business conditions among most of the contributing factors increased, including new orders, production, employment and export orders. The yields on the 10-year bond rose more than 15 percent so far this month on expectations of the Federal Reserve interest rate hike in December and three more next year. (more...)
Passenger reading aloud from Bible causes panic on London rush hour train Passenger reading aloud from Bible causes panic on London rush hour train
- October 02, 2017

A British Transport Police spokesman said: "We were called at 8.30am to Wimbledon to reports of a disturbance on a train going to Waterloo". Train passengers forced open the doors of a carriage and climbed onto the tracks Monday morning, after a religious man sparked mass panic. (more...)
Sisters suspends operations in West Bromwich Sisters suspends operations in West Bromwich
- October 02, 2017

Over 12 working days of undercover filming, reporters recorded evidence that the firm, owned by the so-called "Chicken King" Ranjit Sign Boparan, was putting customers at risk by tampering with food safety records . Since the allegations were put to us by the Guardian/ITV , we have been working around the clock to get to the truth of the matter. "We responded immediately by launching our own internal investigation at our West Bromwich plant and invited the Food Standards Agency (FSA) to ... (more...)
Lockheed Martin Corporation (LMT) to Buyback $2.00 billion in Outstanding Shares
- October 02, 2017

About 64,433 shares traded. Lockheed Martin Corporation (NYSE: LMT ) has risen 14.19% since October 2, 2016 and is uptrending. It has underperformed by 2.51% the S&P500. Cleararc Cap has 0.46% invested in Lockheed Martin Corporation (NYSE:LMT). Family has 3.09% invested in Lockheed Martin Corporation (NYSE:LMT) for 16,171 shares. (more...)
IN CASE YOU MISSED IT: Petrol will increase again on Wednesday IN CASE YOU MISSED IT: Petrol will increase again on Wednesday
- October 02, 2017

The price of petrol is set to increase in October, the Department of Energy warned on Monday. South Africa's fuel prices are adjusted on a monthly basis, informed by global and local factors. The department also announced that the price of both grades of diesel will rise by 42 cents per litre . This was in line with higher crude oil prices. (more...)
Metro, Jean Coutu formalize $4.5B deal to combine grocery, pharmacy chains Metro, Jean Coutu formalize $4.5B deal to combine grocery, pharmacy chains
- October 02, 2017

Metro has more than 65,000 employees in Quebec and Ontario. Metro rival Loblaw in 2013 acquired Shoppers Drug Mart in an $11.9 acquisition in a deal Loblaw officials said helped it to capitalize on the health and wellness trend while adding scale and diversification to better withstand competition intrusions. (more...)
At least 11 dead in Damascus bomb attack: monitor At least 11 dead in Damascus bomb attack: monitor
- October 02, 2017

State media said earlier that a "terrorist explosion" had struck the area but there was no immediate claim of responsibility for the attack, the Independent reported. The extremist group Islamic State has also entered the fighting and is opposed by all other sides. Syria is embroiled in a six-year civil war that has killed more than 330,000 people and forced an estimated 5 million more to flee across borders to become refugees. (more...)
Oil Prices Bounce Back in Third Quarter
- October 02, 2017

Advances in USA shale oil production technologies are contributing the to supply surplus and weighing on any oil price gains. For its part, USO , one of the most heavily traded oil exchange traded funds, finished September with a gain of just over 10%, pushing its third-quarter gain to over 13%. (more...)
4 lanes on damaged ramp leading to Holland Tunnel reopened 4 lanes on damaged ramp leading to Holland Tunnel reopened
- October 02, 2017

The closures have caused backups in the tunnel and in Manhattan. This is happening on the New Jersey side but depending how bad the traffic gets it could snarl up the Manhattan entrances to the tunnel too. State officials say motorists should expect delays and congestion coming out of the tunnel, particularly during the afternoon commute, even though the lanes were reopened by Monday morning. (more...)
SEC charges two initial coin offerings with fraud SEC charges two initial coin offerings with fraud
- October 02, 2017

He was behind the REcoin ICO, an Ethereum-based crowdsale that was scheduled to continue through early October and which he dubbed the "first every cryptocurrency backed by real estate". It seems to be first such complaints following the investor alert on ICOs issued by the SEC's Office of Investor Education and Advocacy. "As alleged in our complaint, Zaslavskiy lured investors with false promises of sizable returns from novel technology". (more...)
Tesla's world record battery in SA is halfway complete
- October 02, 2017

The official countdown to the end of the 100-day deadline commenced on 30 September, after the project was given approval by Australian energy regulators. "The batteries are on track to be operational by December 1", South Australia Energy Minister Tom Koutsantonis told Reuters. "The battery has a very useful role to play in the South Australian electricity system at the moment", said Sydney-based energy analyst David Leitch at ITK Services Australia, adding it was valuable insurance against ... (more...)
Automatic Data Processing (ADP) Raised to Buy at BidaskClub
- October 02, 2017

About 9.96M shares traded or 35.33% up from the average. eBay Inc (NASDAQ:EBAY) has risen 44.45% since October 1, 2016 and is uptrending. TJX Companies Inc (NYSE:TJX) has declined 2.02% since September 30, 2016 and is downtrending. Clean Yield Group Inc owns 55,500 shares. 10,000 were accumulated by Ally Fin. 2,803 are owned by Loudon Invest Mngmt Lc. The New York-based Nikko Asset Mngmt Americas Inc has invested 0.02% in Automatic Data Processing (NASDAQ:ADP). (more...)
Fox Run Management LLC Buys New Stake in Gilead Sciences, Inc. (GILD)
- October 02, 2017

The stock increased 0.14% or $0.11 during the last trading session, reaching $81.02. About 14.46M shares traded or 150.17% up from the average. Gilead Sciences, Inc. Oppenheimer has "Outperform" rating and $120 target. The firm has "Hold" rating given on Friday, July 29 by Argus Research. Among 16 analysts covering Sunoco Inc. (more...)
Intel Corporation (NASDAQ:INTC) Sees Significant Growth in Short Interest
- October 02, 2017

The stock increased 0.17% or $0.09 on September 29, reaching $51.84. About 223,178 shares traded or 0.66% up from the average. MB Financial Inc (NASDAQ:MBFI) has risen 21.72% since October 1, 2016 and is uptrending. Citigroup maintained Intel Corporation (NASDAQ:INTC) on Monday, August 24 with "Neutral" rating. MPC's profit will be $612.55 million for 11.59 P/E if the $1.21 EPS becomes a reality. (more...)
Tesla is sending Powerwall home batteries to Puerto Rico Tesla is sending Powerwall home batteries to Puerto Rico
- October 02, 2017

The renewable energy company has been sending hundreds of its Powerwall home batteries to Puerto Rico in the aftermath of the storm, Fortune reports . As the New York Times reported, restoring power to Puerto Rico will be both difficult and expensive: "Transformers, poles, and power lines snake from coastal areas across hard-to-access mountains". (more...)
TD Ameritrade Holding Corporation (NASDAQ:AMTD) Raised to "Hold" at BidaskClub
- October 02, 2017

Td Ameritrade Hldg Corp now has $25.77B valuation. Shares of TD Ameritrade Holding Corporation ( AMTD ) traded down 0.16% during mid-day trading on Friday, reaching $48.80. They now have a Dollars 6 price target on the stock. Therefore 33% are positive. Innophos Holdings had 6 analyst reports since August 24, 2015 according to SRatingsIntel. (more...)
Callaway Golf Company (ELY) Reached a 52-Week High
- October 02, 2017

About 695,525 shares traded. In recent action, Callaway Golf Company ( ELY ) has made a move of +3.05% over the past month, which has come on weak relative transaction volume. Carroll Fincl Inc reported 195 shares stake. Paloma Ptnrs Mgmt stated it has 15,739 shares or 0% of all its holdings. Therefore 75% are positive. Callaway Golf's quarterly revenue was up 24.0% on a year-over-year basis. (more...)
Old Mutual plc (LSE:OML) VC Scorecard & Quant Review
- October 02, 2017

Often times, investors may have initial success in the stock market, and then things may turn sour. In addition to ROA, there are a number of additional ratios and Quant signals available to investors in order to decipher if the shares are a good fit for their portfolio. (more...)
Ally Financial Inc (ALLY) Analysts See $0.57 EPS
- October 02, 2017

Investec Asset Management LTD owned about 1.14% of Ally Financial worth $113,863,000 at the end of the most recent quarter. Several other research analysts have also recently issued reports on ALLY. Growth rates are very important while analyzing the long term growth and valuation of a certain company. This repurchase authorization allows the financial services provider to repurchase up to 7.5% of its shares through open market purchases. (more...)
Japan Manufacturing PMI Picks Up Steam - Nikkei Japan Manufacturing PMI Picks Up Steam - Nikkei
- October 02, 2017

The index considers any score above 50 to indicate an improvement. According to a report by IHS Markit , which compiles the survey, new orders continued to decline amid reports of weak demand from domestic and global sources, and that output growth slowed to a fractional pace. (more...)
In Japan, there will be a new cryptocurrency exchange In Japan, there will be a new cryptocurrency exchange
- October 02, 2017

Approx $480 mln went missing from the biggest bitcoin exchange in the world that was based in Tokyo while the founder Mark Karpeles made a decision to terminate services in 2014. Thus, Japan's policy in this area differs markedly from the policies of its neighbors such as China and South Korea , where the campaign for the initial placement of the tokens fell under the ban. (more...)
Google scraps free content rule for publishers Google scraps free content rule for publishers
- October 02, 2017

In a bid to help news publishers woo more readers online, Google is ending its controversial "First Click Free" policy , which required publishers to provide a minimum of three free articles per day via Google Search and Google News before people were shown a paywall. (more...)
McKesson Corporation (MCK) EPS Estimated At $2.78
- October 02, 2017

Roundview Capital LLC purchased a new stake in shares of McKesson Corporation (NYSE: MCK ) in the second quarter, according to its most recent disclosure with the SEC. The stock has "Buy" rating by Keefe Bruyette & Woods on Tuesday, September 12. Morgan Stanley lowered shares of McKesson Corporation from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $184.00 to $172.00 in a report on Thursday, September 14th. (more...)
Archer-Daniels-Midland Company (NYSE:ADM) Stake Lowered by Ameriprise Financial Inc
- October 02, 2017

However, it is a general misunderstanding that a higher share price points towards a larger company where stock price might also misrepresent the definite worth of the organization. During the same period previous year, the firm posted $0.41 earnings per share. The company reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.05. (more...)
Shares in Rexnord Corporation (RXN) Acquired by ETRADE Capital Management LLC
- October 02, 2017

Rexnord Corp (NYSE: RXN ) has risen 17.47% since September 30, 2016 and is uptrending. It has outperformed by 9.63% the S&P500. Huntington Fincl Bank reported 0.01% in Fastenal Company (NASDAQ:FAST). Sei Investments Company increased Packaging Corp Amer (NYSE:PKG) stake by 13,715 shares to 80,253 valued at $8.94 million in 2017Q2. Etrade Cap Mgmt Llc owns 20,235 shares. (more...)
Unbiased Equity Research: Halozyme Therapeutics, Inc. (HALO), Catabasis Pharmaceuticals, Inc. (CATB)
- October 02, 2017

BidaskClub raised shares of Halozyme Therapeutics from a sell rating to a hold rating in a research note on Saturday, August 26th. The stock's Average True Range (ATR) is 0.66. Piper Jaffray maintained Halozyme Therapeutics, Inc. (NASDAQ:HALO) on Wednesday, March 9 with "Market Outperform" rating. Barclays PLC reissued an "overweight" rating and issued a $16.00 price objective on shares of Halozyme Therapeutics in a report on Friday, June 23rd. (more...)

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