Business


UK Supermarket Tesco Includes Gay Dads In Controversial Holiday Ad UK Supermarket Tesco Includes Gay Dads In Controversial Holiday Ad
- November 14, 2017

The family bear Christmas gifts and are seen exchanging bags in a doorway. Christmas lovers have been sharing their messages of sharing and inclusion after a festive Tesco ad featuring a Muslim family sparked a racist backlash . Tesco responded to criticism by saying: "Everyone is welcome at Tesco this Christmas and we're proud to celebrate the many ways our customers come together over the festive season". (more...)
FedEx Corporation (FDX) Shares Bought by Williams Jones & Associates LLC
- November 14, 2017

The stock declined 1.80% or $1.65 reaching $89.8 on the news. About 936,281 shares traded. It is down 0.67% since November 12, 2016 and is uptrending. Forward PE for company is perceived at 14.43 times below PE by 20.54, and firms operational capability already seems to be at peak, and we think company has less to be gained from further efficiency gains. (more...)
European Financial Watchdog Warns Investors Against ICOs European Financial Watchdog Warns Investors Against ICOs
- November 14, 2017

The markets watchdog's second statement stressed that startups or open-source projects involved in ICOs are at risk of conducting regulated investment activities without observing applicable European Union legislation, including its prospectus directive, the fourth anti-money laundering directive and other laws. (more...)
Vidya Balan shocked over question about her weight Vidya Balan shocked over question about her weight
- November 14, 2017

Vidya , known for films like " Parineeta ", " Paa " and " The Dirty Picture ", feels it is time to "re-look" at the attitude towards sex. It was then that a reporter asked the actress about losing weight. But I think it can really be sexist. They why the makers of the film chose Vidya? Upon listening to this stupid question, Vidya said, "I am happy the way I am and whatever I am doing". (more...)
$5.21 Billion in Sales Expected for Southwest Airlines Company (LUV) This Quarter
- November 14, 2017

The stock has a market cap of $31,740.30, a PE ratio of 15.41, a price-to-earnings-growth ratio of 1.77 and a beta of 1.31. The company is so far trading down since yesterday's close of 53.49. JP Morgan has "Overweight" rating and $52 target. The company was maintained on Friday, January 27 by Imperial Capital. The stock has "Buy" rating by Janney Capital on Wednesday, July 5. (more...)
What's in Air Products & Chemicals, Inc. (APD) After Touching Record High?
- November 14, 2017

Walleye Trading Lc owns 4,825 shares. Baidu Inc (ADR) (NASDAQ:BIDU) has risen 12.02% since November 14, 2016 and is uptrending. It has underperformed by 7.47% the S&P500. CPB's profit will be $291.60 million for 12.18 P/E if the $0.97 EPS becomes a reality. After $1.76 actual earnings per share reported by Air Products & Chemicals, Inc. (more...)
Sun Pharma Q2 net plunges 59% at Rs 912 cr Sun Pharma Q2 net plunges 59% at Rs 912 cr
- November 14, 2017

The company had posted a net profit of Rs 2,235.14 crore for the corresponding period of the previous fiscal, Sun Pharmaceutical Industries said in a BSE filing. Amid the declining sales in the US, most Indian drug makers, including Sun, are plagued with regulatory issues as they struggle to match up to the high manufacturing standards set by the USA drug regulator. (more...)
Star Hero's 1.3 Crore Children's Day Gift To Son Star Hero's 1.3 Crore Children's Day Gift To Son
- November 14, 2017

As per a report, Saif stated, "I think I'll give him this auto". On Children's Day, you may get a cycle or your favourite toy or maybe a new dress, but this is how Nawabs celebrate Children's Day; they gift their kids the most expensive gift that exists on earth. (more...)
Dick's Sporting Goods slides as it warns on margins Dick's Sporting Goods slides as it warns on margins
- November 14, 2017

Traders are feeling more bearish on shares of the company recently if you evaluate the uptick in short interest. Manning & Napier Advisors LLC grew its stake by buying 45,745 shares an increase of 34.4% in the quarter. Colombo acquired 20,000 shares of the business's stock in a transaction on Tuesday, August 22nd. The shares were bought at an average cost of $26.25 per share, with a total value of $525,000.00. (more...)
Tesla is a 'hotbed for racist behavior,' black workers say in suit Tesla is a 'hotbed for racist behavior,' black workers say in suit
- November 14, 2017

After filing a written complaint with human resources, Vaughn was sacked last month for " not having a positive attitude ". Vaughn's suit claims Tesla employees and supervisors continue to make racist comments and engage in racist behaviour - including routine use of the N-word - and little is done to stem the harassment. (more...)
Sainsbury's share price: Group becomes fastest-growing 'Big Four' supermarket Sainsbury's share price: Group becomes fastest-growing 'Big Four' supermarket
- November 14, 2017

Sainsbury's share price has been steady in today's session, having added 0.18 percent to 227.70p as of 13:38 GMT, in line with the broader United Kingdom market, with the benchmark FTSE 100 index now standing 0.16 percent higher at 7,427.20 points. (more...)
Connected toys have 'worrying' security issues Connected toys have 'worrying' security issues
- November 14, 2017

Many of this Christmas' most popular children's toys are vulnerable to hacking, a consumer watchdog has found. "Safety and security should be the absolute priority with any toy". With the Toy-Fi Teddy, the investigation found that a child could send and receive recorded messages through Bluetooth via a tablet app or smartphone. (more...)
Geely finalises purchase of flying vehicle maker Terrafugia Geely finalises purchase of flying vehicle maker Terrafugia
- November 14, 2017

Geely has committed to investing heavily in the Massachusetts-based firm, which wants to bring its first flying vehicle to market in 2019, and the world's first VTOL (vertical take-off and landing) flying auto by 2025. The company said Chris Jaran, a former executive at aircraft manufacturer Bell Helicopter China, would become Terrafugia's chief executive officer effective immediately. (more...)
Euro zone growth, eclipsing U.S. economy, set to be best in decade Euro zone growth, eclipsing U.S. economy, set to be best in decade
- November 14, 2017

Versus a year ago, GDP growth accelerated from 2.3% over the second quarter to 2.8% in the third. "Overall, the latest inflation figures show that the depreciation in sterling is still causing prices to rise faster than in recent years", said Azad Zangana, Schroders Senior European Economist, in a research note. (more...)
EgyptAir signs deal with bombardier to buy 24 CSeries aircraft
- November 14, 2017

Sherif Fathi, Minister of Civil Aviation of Egypt , Safwat Musallam, chairman and CEO of EgyptAir Holding Company, and Fred Cromer, president, Bombardier Commercial Aircraft, announced the deal at the Dubai Airshow. Through its recent agreement with Airbus, Bombardier plans to get around swingeing US tariffs on imports of the C Series by constructing aircraft at Airbus' US factory. (more...)
Buffalo Wild Wings Gets $2.3 Billion-Plus Buyout Bid From Roark Capital Buffalo Wild Wings Gets $2.3 Billion-Plus Buyout Bid From Roark Capital
- November 14, 2017

Buffalo Wild Wings ( NASDAQ:BWLD ) opened at $117.25 on Tuesday. Buffalo Wild Wings shares surged by as much as 28% in extended trading on Monday following a Wall Street Journal report that the company received a takeover offer. If you are reading this story on another website, it was stolen and republished in violation of USA and global trademark and copyright laws. On October 26, 2017 BMO Capital Markets updated coverage of BWLD with a rating of "Hold" and price target of $120.00. (more...)
FY2017 Earnings Estimate for Chipotle Mexican Grill, Inc. (CMG) Issued By Wedbush FY2017 Earnings Estimate for Chipotle Mexican Grill, Inc. (CMG) Issued By Wedbush
- November 14, 2017

About 98,154 shares traded. It has underperformed by 7.44% the S&P500. The value of the company's investment in Chipotle Mexican Grill went from $1,130,000 to $1,579,000 increasing 39.7% since the last quarter. The firm has "Sector Perform" rating given on Wednesday, April 26 by RBC Capital Markets. Nomura maintained Chipotle Mexican Grill, Inc. Greenblatt's formula helps find stocks that are priced attractively with a high earnings yield, or strong reported profits in comparison to the ... (more...)
Amazon surrenders cheapest bit of Chinese cloud Amazon surrenders cheapest bit of Chinese cloud
- November 14, 2017

Amazon .com is selling off the hardware from its public cloud business in China, amid tightening regulation over online data that is creating a hurdle for technology firms operating in the world's second-largest economy. In June of this year, new laws came into effect that now require all foreign businesses operating in China to store their user data locally and this has been a cause for concern among global companies currently doing business in the region. (more...)
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...)

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