Business


Accusations continue to hurt CBA shares Accusations continue to hurt CBA shares
- August 07, 2017

Shares in the Commonwealth Bank of Australia continue to fall after the federal government's financial intelligence unit AUSTRAC last week launched civil proceedings in the Federal Court against the lender. "Suspected money laundering was conducted through CommBank accounts, by way of cash deposits, many through IDMs, followed immediately by global and domestic transfers", states a concise statement filed with the court by AUSTRAC. (more...)
NA Has $760000 Position in Alliance Resource Partners, LP (NASDAQ:ARLP) NA Has $760000 Position in Alliance Resource Partners, LP (NASDAQ:ARLP)
- August 07, 2017

On December 17 the stock rating was downgraded to "Hold" from "Buy" with a current price target of $15.00 in a statement from Deutsche Bank. Marshall Wace North America L.P. The company also recently declared a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Monday, August 7th will be issued a $0.1333 dividend. (more...)
Nuveen Senior Income Fund (NSL) To Go Ex-Dividend on August 11th
- August 07, 2017

The following firms have also recently changed their position in JHA. First Eagle Investment Management, LLC reduced its position by shedding 37,500 shares a decrease of 41.7%. The 50 day moving average was down $-0.01 or -0.05% and the 200 day average went down by -0.72%. It invests in the fixed income markets of the United States. (more...)
At Tampa's WellCare Health Plans, strong revenues driven by higher enrollments
- August 07, 2017

It has outperformed by 64.01% the S&P500. Smith Salley & Associates increased Microsoft (MSFT) stake by 1.75% reported in 2016Q4 SEC filing. Swiss National Bank now owns 73,200 shares of the company's stock valued at $10,263,000 after buying an additional 400 shares during the last quarter. (more...)
Independent Bank Corp. (NASDAQ:INDB) Experiences Lighter than Usual Trading Volume
- August 07, 2017

Finally, Next Century Growth Investors LLC acquired a new position in shares of Independent Bank Group during the first quarter valued at approximately $9,832,000. will post $3.33 earnings per share for the current year. Shareholders of record on Monday, August 7th will be paid a dividend of 0.10 per share by the financial services provider on Tuesday, August 15th. (more...)
The Verizon Communications Inc. (VZ) Position Lowered by First Quadrant LP CA
- August 07, 2017

About 12,970 shares traded. (NYSE:VZ) on Tuesday, August 11 to "Neutral" rating. It has outperformed by 4.82% the S&P500. (VZ) is 0.96 while the analysts predicted the EPS of the stock to be 0.96 suggesting the company fell short of the analysts' expectations. (more...)
Eagle Global Advisors LLC Cuts Stake in QUALCOMM Incorporated (QCOM)
- August 07, 2017

About shares traded. AT&T Inc. It is down 0.00% since August 4, 2016 and is. It has underperformed by 7.39% the S&P500. Jacobi Capital Management LLC now owns 2,567 shares of the wireless technology company's stock worth $145,000 after buying an additional 250 shares in the last quarter. (more...)
Seaspan Corporation to Issue Quarterly Dividend of $0.13 (SSW) Seaspan Corporation to Issue Quarterly Dividend of $0.13 (SSW)
- August 07, 2017

This represents a $0.50 annualized dividend and a dividend yield of 7.22%. The firm also recently declared a quarterly dividend, which was paid on Monday, July 31st. October 3 investment analysts at Barclays left the stock rating at "Underweight" and lowered the price expectation from $14.00 to $13.00. Private Advisor Group LLC purchased a new stake in Seaspan Corporation during the first quarter worth $111,000. (more...)
Hoax Bomb Threat: Air India Flight Makes Emergency Landing Hoax Bomb Threat: Air India Flight Makes Emergency Landing
- August 07, 2017

An official of the CISF, which manages security at all airports in the country, said the accused, who has denied making any bomb claim, was detained by police in Jodhpur . An Air India spokesman reiterated these claims. When the aircraft (flight AI-475) with 175 passengers on board landed at Jodhpur , the passenger demanded that he wanted to disembark at Jodhpur , instead of Jaipur, but his request was turned down by the Air India crew as it was against rules. (more...)
AI passengers stranded at Mumbai airport for four hours AI passengers stranded at Mumbai airport for four hours
- August 07, 2017

Once there, these belts were installed on the seats of the AI plane at Chicago's O'Hare International Airport. Passengers on board claimed that they were stranded for three to four hours without the air conditioning system working.Passengers complained of suffocation due to no electricity inside the flight , As Reported By IE . (more...)
Dominion Energy Inc (D) Analysts See $0.50 EPS
- August 07, 2017

It has underperformed by 23.98% the S&P500. SPA was included in 4 notes of analysts from October 5, 2015. The stock of CareDx Inc (NASDAQ:CDNA) earned "Buy" rating by Craig Hallum on Friday, September 25. RBC Capital Markets maintained the shares of D in report on Friday, June 2 with "Hold" rating. TRADEMARK VIOLATION NOTICE: "Dominion Energy Inc". On Thursday, July 23 the stock rating was initiated by DA Davidson with "Buy". (more...)
Relentless slide in consumer spending extends into July Relentless slide in consumer spending extends into July
- August 07, 2017

The economy fared better than many economists had forecast after the Brexit vote past year, largely because consumer spending remained strong. However, with inflation rising partly because of the weakness... Spending on transport was the hardest hit, suffering a 6.1pc decline - the same level as seen in June. Hotels, restaurants and bars enjoyed a 6pc uplift, and recreation and culture was 1.3pc higher. (more...)
Creative Planning Holds Position in Valmont Industries, Inc. (VMI)
- August 07, 2017

It has outperformed by 45.78% the S&P500. The original version of this news story can be viewed at https://www.themarketsdaily.com/2017/08/02/oregon-public-employees-retirement-fund-has-1-27-million-position-in-valmont-industries-inc-vmi.html. (more...)
The Johnson Outdoors Inc. (NASDAQ:JOUT) Downgraded to Hold at BidaskClub
- August 07, 2017

Dimensional Fund Advisors, Inc.is the second biggest holder with 741 K million shares now valued at 27.06 million whilst Renaissance Technologies Corp has 281 K million shares valued at 10.25 million. Moreover, Susquehanna Ltd Liability Partnership has 0% invested in Johnson Outdoors Inc . Deutsche Bancorporation Ag owns 0% invested in Johnson Outdoors Inc . (more...)
Burlington Stores, Inc. (NYSE:BURL) Cut to "Neutral" at Credit Suisse Group
- August 07, 2017

Moreover, Voya Invest Mgmt Ltd Com has 0.37% invested in Burlington Stores Inc (NYSE: BURL ) for 1.83M shares. It is down 77.68% since August 4, 2016 and is uptrending. The rating was maintained by Susquehanna with "Buy" on Tuesday, August 4. During the same quarter previous year, the firm earned $0.57 EPS. SMTC's profit will be $21.66M for 29.09 P/E if the $0.33 EPS becomes a reality. (more...)
Spears Abacus Advisors LLC Has $235000 Position in Costco Wholesale Corporation (COST)
- August 07, 2017

Jarislowsky Fraser Ltd now owns 167,932 shares of the retailer's stock valued at $26,887,000 after buying an additional 492 shares in the last quarter. Costco Wholesale Corporation (NASDAQ:COST) has been assigned a $180.00 target price by Cowen and Company in a research report issued to clients and investors on Saturday, July 22nd. (more...)
The UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE) Downgraded to "Buy" at ValuEngine
- August 07, 2017

Three analysts have rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and two have given a strong buy rating to the company. Principal Financial Group Inc. increased its stake in shares of Universal Insurance Holdings by 3.1% in the first quarter. Through its subsidiary, Heritage Property & Casualty Insurance Company (Heritage P&C), it provides personal residential insurance for single-family homeowners and condominium owners, rental property insurance ... (more...)
Nasdaq, Inc. (NDAQ) to Issue Quarterly Dividend of $0.38
- August 07, 2017

The firm has a market cap of $12.42 billion, a price-to-earnings ratio of 57.51 and a beta of 0.76. The stock rose 0.10% or $0.08 reaching $75.17 per share. Northcoast Asset Mngmt Ltd Company has 55,774 shares. 5,500 were reported by Peregrine Asset Advisers. RBC Capital Markets has "Hold" rating and $7400 target. (more...)
Planes clip wings in TO Planes clip wings in TO
- August 07, 2017

Air Canada spokesperson Peter Fitzpatrick said the aircraft had just landed from Punta Cana and was parking when it clipped wings with the LOT plane. An Air Canada Airbus A320 was involved in a potentially catastrophic incident last month at San Francisco International Airport in California, when it came perilously close to landing on a taxiway where several planes were lined up for takeoff. (more...)
The Sabra Healthcare REIT, Inc. (SBRA) Downgraded by Mizuho
- August 07, 2017

AQR Capital Management LLC increased its stake in shares of Sabra Healthcare REIT by 0.4% in the fourth quarter. It has outperformed by 5.51% the S&P500. The firm earned "Market Perform" rating on Tuesday, April 12 by Raymond James. Omega Healthcare Investors makes up approximately 1.9% of White Pine Investment CO's investment portfolio, making the stock its 26th largest position. (more...)
Consolidated Edison Inc (NYSE:ED) Position Cut by Stratos Wealth Partners LTD.
- August 06, 2017

That brings White's holdings to $0 as recorded in a recent Form 4 SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Deutsche Savings Bank Ag invested in 1.45M shares or 0.06% of the stock. (more...)
'Gau rakshaks' beaten up in Ahmednagar 'Gau rakshaks' beaten up in Ahmednagar
- August 06, 2017

The cops have registered several cases against the offenders including an attempt to murder against 20 people who are likely to be formally arrested soon. Swami and others were attacked by a mob when they were waiting outside the police station. Swami also said that when they left the police station after registering a complaint against Wahid Shaikh and Raju Shaikh, a mob of about 50, with some carrying sharp weapons and stones, attacked them. (more...)
Alliance Resource Partners, LP (NASDAQ:ARLP) Plans $0.50 Dividend Alliance Resource Partners, LP (NASDAQ:ARLP) Plans $0.50 Dividend
- August 06, 2017

The stock has a market capitalization of $195.87 million, a PE ratio of 14.53 and a beta of -0.61. The Illinois Basin segment consists of various operating segments, including Webster County Coal, LLC's Dotiki mining complex, Gibson County Coal, LLC's mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal, LLC's mining complex, which includes the Elk Creek mine, the Pleasant View surface mineable reserves and the Fies property, White County Coal, LLC's, ... (more...)
US Air Force signs contract for 2 presidential aircraft US Air Force signs contract for 2 presidential aircraft
- August 06, 2017

Late past year, President Trump criticized the cost of the next generation of Air Force One, tweeting in December that the $4-billion price tag to build newly designed planes based on the 747-8 for presidential use was "out of control". "Modifications to the aircraft will include incorporating a mission communications system, electrical power upgrades, a medical facility, an executive interior, a self-defense system, and autonomous ground operations capabilities", the Air Force said in its ... (more...)
Howard Hughes Corporation (The) (HHC) Shares Bought by Oxbow Advisors LLC
- August 06, 2017

Seizert Capital Partners LLC now owns 548,541 shares of the financial services provider's stock valued at $64,316,000 after buying an additional 70,578 shares during the last quarter. Federated Investors Pa accumulated 0.02% or 152,500 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,171 shares. Since March 8, 2017, it had 0 buys, and 3 insider sales for $10.13 million activity. (more...)
Madison Investment Holdings Inc. Raises Position in EI du Pont de Nemours and Company (DD)
- August 06, 2017

Bank of Montreal Can now owns 1,487,784 shares of the basic materials company's stock valued at $119,512,000 after buying an additional 848,209 shares during the last quarter. Its stake stood at $54,007,000 an increase of $46,543,000 as of quarter end. Equity analyst Nomura began coverage of the stock by announcing an initial rating of "Buy". (more...)
No Pipe Dream: Cannabis Company Buys California Town No Pipe Dream: Cannabis Company Buys California Town
- August 06, 2017

Nipton sits on the edge of the Mojave Desert by the Nevada border, making it a hard sell for some travelers. And as of this week, Nipton has something else: a cannabis company for an owner, with designs on turning the hamlet into a pot-centric tourist destination. (more...)
The BB&T Corp Invests $425000 in Electronics for Imaging, Inc. (EFII) The BB&T Corp Invests $425000 in Electronics for Imaging, Inc. (EFII)
- August 06, 2017

Therefore 89% are positive. 04/21/2016 - Electronics for Imaging , Inc. had its "buy" rating reiterated by analysts at Citigroup. 08/04/2017 - Electronics for Imaging , Inc. Its up 0.35, from 1.03 in 2016Q3. Bbva Compass Bancshares Inc. lowered its stake in shares of Electronics for Imaging , Inc. Sold All: 19 Reduced: 49 Increased: 70 New Position: 32. (more...)
Rothschild Asset Management Inc. Decreases Stake in Aspen Technology, Inc. (NASDAQ:AZPN)
- August 06, 2017

Viveve Medical Inc (NASDAQ:VIVE) has risen 5.85% since August 4, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Roosevelt Investment Group Inc decreased Cme Group Inc (NASDAQ:CME) stake by 32,990 shares to 215,447 valued at $24.85M in 2016Q4. (more...)
NA Has $159000 Position in lululemon athletica inc. (NASDAQ:LULU)
- August 06, 2017

Finally, Penserra Capital Management LLC raised its stake in lululemon athletica inc.by 1.9% in the first quarter. Penserra Capital Management LLC now owns 4,600 shares of the apparel retailer's stock valued at $238,000 after buying an additional 84 shares in the last quarter. (more...)