Business


Suspend, restart Site C is least attractive scenario Suspend, restart Site C is least attractive scenario
- November 02, 2017

Speaking to reporters on Wednesday, Energy Minister Michelle Mungall said the province was ruling out the possibility of suspending the project, and would now decide on either completing it or cancelling it. Liberal government approved it. PCA member companies employ more than 25,000 skilled construction workers in Canada, represented primarily by CLAC. The Site C dam project will flood more than 5,000 hectares (19 square miles) of land, the equivalent of about 5,000 rugby fields, ... (more...)
Brexit vote has cost households £600 each
- November 02, 2017

Niesr will today predict UK GDP will grow by around 1.5 per cent annually in 2017 and 2018, down from the 1.8 per cent expansion previous year. NIESR published a report on Wednesday claiming that the UK's vote to leave the European Union has damaged living standards in the country and cost the average British household over £600 per year. (more...)
Molson Coors 3rd-quarter profit meets analysts' expectations
- November 02, 2017

The stock of Stemline Therapeutics Inc (NASDAQ:STML) has "Outperform" rating given on Monday, February 6 by Wedbush. Zacks Investment Research downgraded Molson Coors Brewing from a "buy" rating to a "hold" rating in a research report on Tuesday, July 26th. (more...)
NAB to cut 4000 jobs despite $6.6 billion profit
- November 02, 2017

The result was in line with analyst expectations and NAB held its final dividend flat at 99 cents, fully franked. Nonetheless, NAB said, there should be no cut to its dividend for at least the current financial year. But expenses rose 2.6 per cent and NAB said it will reduce its head count as part of a restructure that will save more than $1 billion in costs by the end of the 2020 financial year. (more...)
Rockwell Automation rejects $27bn bid from Emerson
- November 02, 2017

It has underperformed by 31.25% the S&P500. On Wednesday, September 9 the stock rating was initiated by Sterne Agee CRT with "Underperform". Piper Jaffray maintained the shares of HES in report on Thursday, August 24 with "Buy" rating. Credit Suisse maintained Rockwell Automation (NYSE:ROK) on Wednesday, August 23 with "Neutral" rating. Alleghany De invested 0.75% of its portfolio in Rockwell Automation (NYSE:ROK). (more...)
Number of free-to-use cash machines could be reduced Number of free-to-use cash machines could be reduced
- November 02, 2017

Link intends to "retain an extensive network of free ATMs for consumers", but that "the proposed changes are a result of a predicted fall in consumers' demand for cash for payments", suggesting that the number of free ATMs available to customers could fall as a result of the proposals. (more...)
Nucor Corporation (NUE) Holdings Down in Latest Report from Korea Investment Corp
- November 02, 2017

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. It is 0.00% or $0 reaching $66.65 per share. The company was maintained on Wednesday, July 19 by Jefferies. (NYSE:NUE) traded up 12.17% during midday trading on Wednesday, reaching $57.62. Nucor Corporation (NYSE:NUE) continues to be a formidable company. (more...)
Active Volume Stock: Avis Budget Group, Inc. (CAR)
- November 02, 2017

The stock has been active on the tape, now trading at $41.44, up from yesterday's close by 0.44%. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by ($0.32). (more...)
Of Saskatchewan Inc (POT) Director Buys C$49910.00 in Stock
- November 02, 2017

On Wednesday, Shares of Potash Corporation of Saskatchewan Inc . Vanguard Group Inc. now owns 19,579,208 shares of the fertilizer maker's stock worth $319,141,000 after acquiring an additional 804,672 shares in the last quarter. Scotiabank upgraded Potash Corporation of Saskatchewan from a "sector perform" rating to an "outperform" rating and set a $20.00 price objective on the stock in a research note on Monday, July 10th. (more...)
Mondelez International, Inc. (MDLZ) Shares Bought by Banque Pictet & Cie SA
- November 02, 2017

Amgen Inc now has $127.84 billion valuation. On average, analysts predict that Mondelez International will post $2.12 earnings per share for the current fiscal year. 1 analysts gave its stock an Outperform rating. (NASDAQ:AMGN) earned "Market Perform" rating by Raymond James on Tuesday, September 1. The firm has "Buy" rating by Piper Jaffray given on Thursday, October 12. (more...)
Morgan Stanley Downgrades MSG Networks (MSGN); LGL Group (LGL) Sentiment Is 1.5
- November 02, 2017

Zacks Investment Research lowered MSG Networks from a "hold" rating to a "sell" rating in a research note on Saturday, July 15th. Finally, Loop Capital started coverage on shares of MSG Networks in a research note on Tuesday, August 9th. During the same quarter in the prior year, the company posted $0.57 EPS. The company realized a rise in short interest of 10.76% as of the latest report on October 13, 2017. (more...)
Bourgeon Capital Management LLC Sells 10000 Shares of FireEye, Inc. (FEYE) Bourgeon Capital Management LLC Sells 10000 Shares of FireEye, Inc. (FEYE)
- November 02, 2017

Receive FireEye , Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FireEye , Inc. The stock's market cap is $2.40 billion. On a similar note, the stock is 3.26% above its 50-day moving average, providing a measure of support for short positions. (more...)
FY2018 EPS Estimates for Discovery Communications, Inc. (DISCA) Cut by FBR & Co FY2018 EPS Estimates for Discovery Communications, Inc. (DISCA) Cut by FBR & Co
- November 01, 2017

The institutional investor held 19,455 shares of the major banks company at the end of 2017Q2, valued at $1.30 million, up from 12,775 at the end of the previous reported quarter. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Pub Employees Retirement System Of Ohio has 0.01% invested in Discovery Communications Inc . (more...)
Keybank National Association OH Decreases Holdings in Kimberly-Clark Corporation (KMB)
- November 01, 2017

Investors may be searching for various types of stocks to help diversify the portfolio. Some investors may succeed spectacularly in the market while others fail. Similarly, investors look up the share price over 12 month periods. About shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since November 1, 2016 and is uptrending. (more...)
Facebook pledges to sacrifice profits for better security Facebook pledges to sacrifice profits for better security
- November 01, 2017

Net income soared to $4.7 billion, or $1.59 per share; a bump of almost 80 percent that shot past consensus per-share estimates of $1.28, according to Thomson Reuters. "Protecting our community is more important that maximizing our profits". "What we're talking about is a cataclysmic change". What we're talking about is a major foreign power with sophistication and ability to involve themselves in a presidential election and sow conflict and discontent all over this country. (more...)
Amazon launches Countdown to Black Friday 2017
- November 01, 2017

As the calendar page turned to November the e-tailer launched its Black Friday Deals Store , offering discounts on tech, toys, clothing and home goods now through the day after Thanksgiving. One new Amazon Black Friday twist this year: If you have iOS 11 on your iPhone 6 or later model, you can use a new augmented reality feature within the Amazon app that lets you visualize how products will look and fit into your home before buying them. (more...)
Tesla reports biggest-ever quarterly loss, Model 3 delays Tesla reports biggest-ever quarterly loss, Model 3 delays
- November 01, 2017

It noted, however, that parts of its operation for the Model 3 including drive unit, paint shops and part stamping can produce up to 1,000 units per week during "burst builds of short duration", but that other aspects including assembly of battery packs and final vehicle assembly are showing only "burst build" capacity of 300 units per week. (more...)
Stock In Spotlight: BB&T Corporation (NYSE:BBT)
- November 01, 2017

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Verity & Verity LLC grew its holdings in shares of BB&T Corporation by 1.8% in the third quarter. Shareholders of record on Friday, November 10th will be given a dividend of $0.33 per share. The dividend will be $0.330 per share for the quarter which comes to $1.32 on an annualized basis. (more...)
United Parcel Service, Inc. (UPS) Holdings Increased by Finemark National Bank & Trust United Parcel Service, Inc. (UPS) Holdings Increased by Finemark National Bank & Trust
- November 01, 2017

J Alexanders Holdings Inc (JAX) has $154.30M valuation. The stock increased 0.03% or $0.05 on October 31, reaching $181.33. It has underperformed by 2.49% the S&P500. 162,574 are held by State Of Wisconsin Invest Board. Mengis Capital has invested 0.6% in McDonald's Corporation ( NYSE :MCD). Investors sentiment increased to 1.05 in Q2 2017. (more...)
Investors Trading Alert: The Kraft Heinz Company (KHC), NIKE, Inc. (NKE) Investors Trading Alert: The Kraft Heinz Company (KHC), NIKE, Inc. (NKE)
- November 01, 2017

When examining stocks, investors might be doing top down research. Investors may choose to start doing research the other way around. Even after reading every piece of literature about investing, it might be hard to figure out which way is the best way to successfully conquer the market. (more...)
Cisco Systems, Inc. (CSCO) Given Consensus Recommendation of "Buy" by Brokerages
- November 01, 2017

American Tower Corp New now has $61.32 billion valuation. Company insiders own 0.05% of the company's stock. Commerzbank Aktiengesellschaft acquired 215,155 shares as Cisco Sys Inc ( CSCO)'s stock declined 7.50%. Investors sentiment increased to 1.18 in 2017 Q2. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. Sold All: 90 Reduced: 594 Increased: 694 New Position: 111. (more...)
Performance Check on Shares of Tesla, Inc. (NASDAQ:TSLA)
- November 01, 2017

The ratios of the return on assets (ROA) and the return on owner's equity (ROE) are the most used profitability ratios in the analysis while 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...)
Analysts Take on Array Biopharma Inc (ARRY)
- November 01, 2017

The company's market capitalization is $1.84 billion. Shares of Array BioPharma ( NASDAQ ARRY ) traded up 2.49% during midday trading on Wednesday, reaching $10.71. Venbio Select Advisor Llc acquired 3.31 million shares as Array Biopharma Inc (ARRY)'s stock declined 27.53%. BlackRock Inc. now owns 12,994,700 shares of the biopharmaceutical company's stock worth $108,765,000 after buying an additional 125,563 shares during the last quarter. (more...)
Analyst EPS Estimates Coverage: Conagra Brands, Inc. (CAG)
- November 01, 2017

It has outperformed by 45.78% the S&P500. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). It also upped Darden Restaurants Inc ( NYSE :DRI) stake by 9,818 shares and now owns 32,100 shares. Among 48 analysts covering Apple Inc. Therefore 53% are positive. (more...)
US Manufacturing Stays Hot As ISM Index Dips From 13-Year High US Manufacturing Stays Hot As ISM Index Dips From 13-Year High
- November 01, 2017

The index, which accounts for about 12 percent of the country's economy, recorded the best figures since May 2004, beating analysts' forecasts of a moderate slowdown in economic activity to 58. The October index shows "strong demand for manufactured goods at home and overseas", Joe Brusuelas, chief economist of RSM, a tax and consulting firm, said in a written comment. (more...)
Yellen Partners to Liquidate Book World
- November 01, 2017

Book World carries books, toys, games, puzzles, magazines, calendars, trading cards, gifts and other merchandise. "Customers are encouraged to shop immediately to take advantage of the sale while inventory is still available". The list includes Book World in South Park Mall in Moline, plus Sterling, Galena, Peru, and Freeport in IL, and a store in West Burlington, Iowa. Book World is the fourth-largest bookstore chain in the U.S. (more...)
General Mills Inc's (NYSE:GIS) Sentiment is 1
- November 01, 2017

Argi Investment Services Llc acquired 14,952 shares as General Mills Inc Com ( GIS)'s stock declined 5.07%. The Arlington Value Capital Llc holds 262,755 shares with $11.22M value, up from 201,422 last quarter. Lombard Odier Asset Management (Europe) has invested 0.02% in General Mills, Inc . General Mills's dividend payout ratio (DPR) is presently 70.25%. (NYSE: GIS ) have caught the attention of the investment community. (more...)
Morgan Stanley (MS) Rating Increased to Buy at Zacks Investment Research
- November 01, 2017

LLC grew its stake in shares of Morgan Stanley by 0.4% in the second quarter. Catamount Wealth Management now owns 32,477 shares of the financial services provider's stock valued at $1,447,000 after buying an additional 100 shares in the last quarter. (more...)
Amsterdam bans 'nuisance' beer bikes in city center over complaints Amsterdam bans 'nuisance' beer bikes in city center over complaints
- November 01, 2017

Amsterdam will enforce a new ban on "beer-bikes" this week after years of complaints by locals about rowdy tourists getting drunk and disorderly while pedalling along its famous canals. Amsterdam's late mayor, Eberhard van der Laan, who died last month, agreed with residents and proposed introducing a ban. The court approved the ban so the bikes would "stop ... (more...)
NTT DoCoMo gets $1.2 bn from Tata Sons
- November 01, 2017

It opened at Rs 9 and touched an intraday high and low of Rs 9.06 and Rs 8.82 respectively, in the first hour of trade. Ending a two-year-old dispute, Tata Sons paid ¥144.9 billion ($1.26 billion) to Japanese firm NTT DoCoMo, which ended the Indian telecom joint venture. (more...)

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