Business


China leads 'Top500' ranking of supercomputers China leads 'Top500' ranking of supercomputers
- November 14, 2017

Meanwhile, some experts have also said that China's overtaking of the United States in the total number of ranked supercomputers didn't make much sense as the latter's technologies still dominate the high-performance computing (HPC) market. (more...)
Vodafone service revenue falls, ARPU stands at Rs 146 for Q2FY18
- November 14, 2017

The company has attributed this decline to multiple factors that included a new operator - Reliance Jio -, incumbent operators -Bharti airtel, Idea Cellular , seasonality as well as GST. The company said it has garnered almost 20.7 crore subscribers at the end of September which it said was 3.3% increase YoY. Idea Cellular on Monday posted a loss of Rs 1,106.80 crore for the second quarter of the current financial year. (more...)
Credit Suisse fined $135m for NY forex investigation Credit Suisse fined $135m for NY forex investigation
- November 14, 2017

Switzerland's second-biggest bank engaged in "unsound conduct" from at least 2008 to 2015 by failing to control its foreign exchange business, the regulator said. The probe is still ongoing in relation to other banks, according to a person familiar with the matter. Early this year, U.S. authorities announced a $5.28 billion settlement with Credit Suisse over its role in the sale of the kind of toxic securities that led to the global financial crisis of 2008. (more...)
Blackrock Muni Income Trust (NYSE:BBF) Trading Up - Shorts Up 484.43%
- November 14, 2017

About shares traded. BlackRock LT Municipal Advantage Trust (NYSE:BTA) has declined 3.86% since November 13, 2016 and is downtrending. Short interest grew from 5,607 to 32,769 over that period. Raymond James Trust Na reported 0% in MFS High Income Municipal Trust (NYSE:CXE). Guggenheim Ltd invested in 0.01% or 337,370 shares. Rhumbline Advisers reported 42,508 shares. (more...)
Buckeye Partners LP (NYSE:BPL) Announces Quarterly Dividend of $1.26
- November 14, 2017

Abercrombie & Fitch Co.is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. BPL's profit will be $125.62M for 14.07 P/E if the $0.89 EPS becomes a reality. After $0.81 actual EPS reported by Buckeye Partners, L.P. for the previous quarter, Wall Street now forecasts 9.88% EPS growth. (more...)
Vodafone returns to profit as mobile data offsets losses in India
- November 14, 2017

British mobile phone giant Vodafone rebounded back into a first-half net profit, as the previous year's Indian write-down was not repeated, it said Tuesday. The London-listed group agreed in March to merge its Vodafone India division with Idea Cellular in order to create India's largest telecoms operator and fight ultra-competitive new player Reliance Jio. (more...)
Enterprise Products Partners LP (EPD) Stake Raised by Huntington National Bank
- November 14, 2017

Simulations Plus Inc now has $279.62 million valuation. The first sale was made at $24.91 but later the stock became weaker, and closed with a gain of 0.4%. Tim Mullen decreased its stake in Enterprise Products Partners Lp (EPD) by 62.51% based on its latest 2017Q2 regulatory filing with the SEC. Williams Jones And Associate Limited Liability Co has invested 1.15% in Enterprise Products Partners L.P. (more...)
Aaradhya Bachchan to have a birthday bash Aaradhya Bachchan to have a birthday bash
- November 14, 2017

Amitabh Bachchan did not celebrate his 75th birthday this year with a big bash, on account of the death of Aishwarya Rai Bachchan's father Krishnaraj Rai earlier in the year. "The joy of giving, the blessing of those that receive her and the additions to the family... welcomed with tradition folk songs and gaiety". On work front, Aishwarya Rai Bachchan is shooting for Fanney Khan while hubby Abhishek is gearing for his role of a lifetime in Sahir Ludhianvi's biopic. (more...)
Rs 1400 crore unearthed during raids on Sasikala clan, Jaya TV Rs 1400 crore unearthed during raids on Sasikala clan, Jaya TV
- November 14, 2017

This figure is likely to go up as we have also seized incriminating documents. The searches at some premises continued for days. Vivek, who was taking care of Jazz Cinemas, was appointed as managing director of Jaya TV and entrusted with the responsibility of operating Dr Namadhu MGR after Sasikala and others were convicted in the disproportionate assets case. (more...)
Today Analysts Focus on PPL Corporation (PPL), CSX Corporation (CSX) Today Analysts Focus on PPL Corporation (PPL), CSX Corporation (CSX)
- November 14, 2017

Among 28 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 2 Sell and 7 Hold. Therefore 68% are positive. CSX has a fifty-two week low of $33.79 and a fifty-two week high of $55.48. The institutional investor held 1.00M shares of the business services company at the end of 2017Q2, valued at $93.78 million, up from 700,000 at the end of the previous reported quarter. (more...)
Bharti Infratel down 4% after block deals Bharti Infratel down 4% after block deals
- November 14, 2017

Till 10:33 AM; around 113.79 million equity shares representing 6% of total equity of Bharti Infratel changed hands on the NSE, the exchange data shows. Bharti Infratel , a subsidiary of Bharti Airtel deploys, owns and manages telecom tower communication structures. "Led by healthy investor appetite, the deal was upsized by over 25%", the company further added. (more...)
The Bear Case for Newell Brands Inc. (NWL)
- November 14, 2017

Newell Brands Inc. (NWL ) now has P/E (Price to Earnings) ratio of 11.32 while the company's industry has 93.34 P/E and the sector P/E is 19.97. Private Advisor Group LLC now owns 13,503 shares of the company's stock valued at $721,000 after buying an additional 231 shares in the last quarter. (more...)
Arista Networks (ANET) Given Media Sentiment Rating of 0.20
- November 14, 2017

Several other equities research analysts also recently weighed in on the company. Finally, Deutsche Bank AG restated a "buy" rating and set a $210.00 target price (up from $185.00) on shares of Arista Networks in a research report on Monday, October 9th. (more...)
Aerie Pharmaceuticals, Inc. (NASDAQ:AERI) Position Boosted by Benchmark Capital Advisors
- November 14, 2017

The stock increased 2.50% or $0.5 during the last trading session, reaching $20.49. It has outperformed by 45.36% the S&P500. Cantor Fitzgerald maintained Aerie Pharmaceuticals Inc (NASDAQ: AERI ) rating on Thursday, September 17. H.C. Wainwright maintained the stock with "Buy" rating in Wednesday, August 2 report. Needham & Company LLC reissued a "buy" rating and issued a $65.00 price target on shares of Aerie Pharmaceuticals in a research report on Sunday, September 17th. (more...)
The WMS Partners LLC invests in Colgate-Palmolive Co. (CL) Shares
- November 14, 2017

Institutional investors own 73.10% of the company's stock. About 556,897 shares traded. Aramark (NYSE:ARMK) has risen 13.66% since November 13, 2016 and is uptrending. Therefore 21% are positive. Colgate-Palmolive had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Colgate-Palmolive Company (NYSE:CL) has "Hold" rating given on Friday, May 26 by RBC Capital Markets. (more...)
Fmr LLC Trims Stake in Crescent Point Energy Corporation (CPG)
- November 14, 2017

About 2.06 million shares traded. Corelogic Inc (CLGX) has risen 15.46% since November 13, 2016 and is uptrending. It has underperformed by 8.39% the S&P500. Several research firms have recently issued reports on CPG . Therefore 71% are positive. Crescent Point Energy had 7 analyst reports since July 22, 2015 according to SRatingsIntel. (more...)
Signet Jewelers Limited (SIG) Shares Bought by Assenagon Asset Management SA
- November 14, 2017

The value of the company's investment in Signet Jewelers Ltd went from $866,000 to $885,000 a change of $19,000 quarter over quarter. The stock decreased 0.06% or $0.04 on November 10, reaching $70.81. SIG's profit will be $10.28M for 104.13 P/E if the $0.17 EPS becomes a reality. After having $1.33 EPS previously, Signet Jewelers Ltd.'s analysts see -86.47% EPS growth. (more...)
Raytheon Company (RTN) Shares Bought by Migdal Insurance & Financial Holdings Ltd.
- November 14, 2017

Aspiriant Llc decreased Raytheon Co (RTN) stake by 8.34% reported in 2017Q2 SEC filing. In the last 90 days, insiders have sold 4,941 shares of company stock worth $902,999. Lourd Limited Liability Corp reported 1,590 shares. RTN's profit would be $586.87M giving it 22.72 P/E if the $2.03 EPS is correct. The Tompkins Financial Corp holds 3,063 shares with $495,000 value, up from 322 last quarter. (more...)
The Ctrip.com International Ltd. (CTRP) Short Interest Down 10.0% in November
- November 14, 2017

Finally, Benchmark Co. decreased their target price on shares of Ctrip.com worldwide from $61.00 to $58.00 and set a "buy" rating on the stock in a research report on Thursday, August 31st. International, Ltd. (NASDAQ:CTRP) recent drop took place on significantly less volume which dipped to almost 3.23 million contracts on 10-Nov-17 versus its daily average of 5.44 million. (more...)
A&U pulls Clive Hamilton's China book citing threat of legal action
- November 14, 2017

Clive Hamilton, professor of public ethics at Charles Sturt University, was set to publish his book, Silent Invasion: How China is Turning Australia into a Puppet State , in April 2018. The Chinese ambassador to Australia, Cheng Jinygye, has rejected allegations of political interference as "groundless" and said they were provoking a " China panic ". (more...)
Cohen & Steers Qualityome Realty (RQI) Receives Daily News Impact Score of 0.46
- November 14, 2017

It has outperformed by 36.26% the S&P500. Actua Corporation (NASDAQ:ACTA) had a decrease of 10.3% in short interest. Its up 2.6% from 1.51 million shares previously. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company's stock. (more...)
Over 400 Millionaires Ask That GOP Not Approve Tax Overhaul Over 400 Millionaires Ask That GOP Not Approve Tax Overhaul
- November 14, 2017

The letter calls on Congress to not to pass any tax bill that adds to the debt and that "further exacerbates inequality". Republicans are "saying we can't afford to spend money, but we can afford to give rich people a huge tax break". Instead, they say they want taxes on the wealthy to be raised, the Washington Post reported . They would rather see the government use the funds to invest in education, research and roads that benefit everyone and to ensure safety net programs like Medicaid ... (more...)
Investors Trading Alert: Petroleo Brasileiro SA - Petrobras (PBR), Cypress Semiconductor Corporation (CY)
- November 14, 2017

The following firms have recently changed their position in PBR .A. Clarivest Asset Management LLC expanded its holdings by buying 38,300 shares an increase of 4.3%. Let's have a look at some of the important valuation ratios of the Petroleo Brasileiro S.A. - Petrobras (PBR). Scotiabank reaffirmed a "sector perform" rating on shares of Petroleo Brasileiro SA - Petrobras in a report on Wednesday. (more...)
Shares that proliferate your speculations: Lam Research Corporation (NASDAQ: LRCX)
- November 14, 2017

The fund owned 104,906 shares of the semiconductor company's stock after acquiring an additional 38,439 shares during the quarter. About 1.72M shares traded. Enterprise Financial Services holds 0.01% or 106 shares in its portfolio. (NYSE:HES) for 945,876 shares. Parametric Ltd Limited Liability Company has 0% invested in Kraton Corp (NYSE:KRA). (more...)
Tesco takeover of Booker gets go-ahead
- November 14, 2017

The CMA concluded that the wholesale market would "remain competitive in the longer term", because Booker's share of the United Kingdom grocery wholesaling market, at less than 20%, "was not sufficient to justify the longer-term concerns". (more...)
SoftBank: Considering Uber but "no final agreement" yet
- November 14, 2017

The investment firm, which owns 13 per cent of the company, sued the former CEO for fraud, breach of contract, and breach of fiduciary duty in an effort to limit his influence on the ride-sharing service. SoftBank is sending tremors through the tech world with its massive new Vision Fund, a venture capital fund intended for startups and expected to dominate the industry before long. (more...)
Verizon, AT&T Announce Agreement for Hundreds of New Cell Towers Verizon, AT&T Announce Agreement for Hundreds of New Cell Towers
- November 14, 2017

These new structures will add to the overall communications infrastructure in the USA, and will fulfill the need for new locations where towers do not exist today. Coverage of the announcement has focused on the fact that the two carriers bypassed the top three tower companies (SBA Communications, Crown Castle and American Tower Corp.) to go with Tillman. (more...)
TD Ameritrade Holding Corporation (AMTD) Stake Decreased by Andra AP fonden
- November 14, 2017

FMR LLC increased its position in TD Ameritrade Holding Corporation by 103.8% in the 2nd quarter. The stock increased 0.43% or $0.38 on November 10, reaching $88.16. The firm has "Buy" rating given on Thursday, July 13 by Nomura. (NASDAQ:AMTD) rating on Tuesday, August 9. This represents a $0.84 dividend on an annualized basis and a yield of 1.72%. (more...)
Aetna's (AET) Hold Rating Reaffirmed at Piper Jaffray Companies
- November 14, 2017

The company has market cap of $56.61 million. The stock declined 1.39% or $2.43 reaching $172.69 per share. About 11.07M shares traded. Aetna Inc. (NYSE:AET) hasconsensus analyst target price is $183.29. Therefore 92% are positive. Aetna had 59 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Aetna Inc (NYSE:AET) has "Buy" rating given on Thursday, November 2 by Citigroup. (more...)
JP Morgan Chase & Co (NYSE:JPM) reported Beta of 1.21
- November 14, 2017

Dreman Value Mngmt L L C invested in 17,966 shares or 0.19% of the stock. J P Morgan Chase & Co ( JPM ) reported earning per shares for the quarter ending Oct 12 BMO at 1.76, whereas, 23 number of analysts estimated the mean EPS at 1.71. The ex-dividend date was Thursday, October 5th. This represents a $2.24 annualized dividend and a yield of 2.30%. Greenhaven Assocs reported 9.72% in JPMorgan Chase & Co. (more...)

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