Business


FSA confirms contaminated eggs imported to UK FSA confirms contaminated eggs imported to UK
- August 08, 2017

Following revelations last week that eggs in the Netherlands had been found to be contaminated with Fipronil, Schmidt has estimated that 12 of Germany's states were affected. Dutch farming organisation LTO said that several million hens may need to be culled at 150 companies in the country, with 300,000 having already been killed. (more...)
Tutor Perini Corporation (NYSE:TPC) Reviewed By Analysts
- August 08, 2017

Hedge funds and other institutional investors have recently bought and sold shares of the stock. 12/28/2016 - Tutor Perini Corporation had its " rating reiterated by analysts at MKM Partners. On average, equities analysts forecast that Tutor Perini Corporation will post $2.29 EPS for the current year. ILLEGAL ACTIVITY WARNING: This piece of content was posted by StockNewsTimes and is owned by of StockNewsTimes. (more...)
Sell-Side Analyst's Predictions: VF Corporation (VFC), Intrepid Potash, Inc. (IPI) Sell-Side Analyst's Predictions: VF Corporation (VFC), Intrepid Potash, Inc. (IPI)
- August 08, 2017

IPI exchanged 4.7 million shares in recent session versus to the average volume of 1.67 million shares while its relative volume is 2.81. The shares were acquired at an average cost of $3.00 per share, for a total transaction of $96,423.00. (more...)
Former Uber CEO Travis Kalanick will not be returning, co-founder says Former Uber CEO Travis Kalanick will not be returning, co-founder says
- August 08, 2017

Uber's board members are still presently searching for someone new to lead their ride-hailing business, but former CEO Travis Kalanick isn't under consideration as opposed to what previous reports have suggested. We are dedicated to making Uber successful, and keeping everyone informed of our progress. These events had ranged from embarrassing missteps like a leaked video showing him verbally berating an Uber driver to more serious issues for the company, which include accusations of a ... (more...)
Chinese e-taxi giant Didi grows its global footprint with Careem partnership Chinese e-taxi giant Didi grows its global footprint with Careem partnership
- August 08, 2017

The company has been setting up similar deals in Latin America, and with the US ride-hailing app Lyft. The Uber rival said it would enter into a strategic partnership with the Dubai-based auto booking service Careem to strengthen its presence in the region. (more...)
Standard Life profits rise but GARS woes remain Standard Life profits rise but GARS woes remain
- August 08, 2017

The merger to form the largest active manager in Britain will give the combined group assets of around 670 billion pounds and aims to save at least 200 million pounds in annual costs. Keith Skeoch, Chief Executive of Standard Life, said, "The combined leadership team of Standard Life and Aberdeen has been working well together to ensure "Day 1" readiness". (more...)
Lagos-Bound Passengers Kidnapped in Rivers State
- August 08, 2017

A community leader, who did not want to be identified, said the kidnappers also shot continously into the air and at the bus. A source however said, no person was found dead at the scene of the crime. He said efforts were on to secure the release of the two remaining victims still in the custody of the abductors. "We fought hard to rescue them at the risk of a gun battle", the text message indicated. (more...)
Mazda to use diesel technology to build ultra-efficient petrol engines Mazda to use diesel technology to build ultra-efficient petrol engines
- August 08, 2017

The new SkyActiv-X line of engines will break with that process, instead delivering spark-free ignition of the air and fuel mix through compression. A proprietary combustion method called Spark Controlled Compression Ignition overcomes two issues that had impeded commercialisation of compression ignition petrol engines: maximizing the zone in which compression ignition is possible and achieving a seamless transition between compression ignition and spark ignition. (more...)
Oil Prices Fall Further as Libyan Field Resumes Production Oil Prices Fall Further as Libyan Field Resumes Production
- August 08, 2017

The launch of the meeting caused a flurry of speculation as to what might happen and possible market consequences; Christopher Sell , editor of the Bloomberg Brief Oil Buyers Guide, called Libya's surge of production "a big deal" and predicted it, along with other cheating countries, would be put under considerable pressure to reduce production; he added that unless Libya and Nigeria are reined in, "we'll keep going on the merry go round". (more...)
Saudis Are Said to Cut September Oil Sales to Prized Asia Market Saudis Are Said to Cut September Oil Sales to Prized Asia Market
- August 08, 2017

At least one major buyer in China said it is receiving full allocation and another said its cut was smaller than 5 percent. Rising output from USA shale producers has offset the impact of the output curbs, as has climbing production from Libya and Nigeria. (more...)
Kier Group plc (LON:KIE) Insider Purchases £149.40 in Stock Kier Group plc (LON:KIE) Insider Purchases £149.40 in Stock
- August 08, 2017

The stock has "Buy" rating by Jefferies on Friday, August 28. FinnCap has "Corporate" rating and GBX 399 target. Liberum Capital reiterated a "buy" rating and set a GBX 1,600 ($20.84) price target on shares of Kier Group plc in a report on Monday, June 26th. (more...)
RSA Insurance Group plc (LON:RSA) Rating Reiterated by Credit Suisse Group
- August 08, 2017

Shares of Sophos Group PLC (LON: SOPH ) have been given a consensus recommendation of "Buy" by the seven research firms that are now covering the company, MarketBeat reports. Numis Securities maintained the stock with "Buy" rating in Tuesday, September 1 report. The stock's market capitalization is 3.21B, it has a 52-week low of 891.50 and a 52-week high of 1317.00. (more...)
Somewhat Positive News Coverage Unlikely to Impact Merck & (MRK) Share Price
- August 08, 2017

The stock declined 0.33% or $0.21 reaching $62.89 on the news. About 40,407 shares traded. $4,962 worth of Lear Corporation (NYSE:LEA) was sold by MALLETT CONRAD L JR on Tuesday, February 28. (NYSE:MRK) or 594,000 shares. At&T Inc (NYSE:T) was reduced too. Investors sentiment increased to 1.1 in Q4 2016. Its down 0.26, from 1.23 in 2016Q3. (more...)
Lax cyber security measures could cost United Kingdom infrastructure firms £17m Lax cyber security measures could cost United Kingdom infrastructure firms £17m
- August 08, 2017

This will require them to do more than just protect their IT systems, taking responsibility for ensuring staff are aware of the attacks they might face and how to monitor for signs of a breach and be ready to report them as they develop. Power providers could be fined £17m if they don't adaquately protect against cyber attacks. Mr Hancock, who is launching a consultation on the plans, said: "We want the United Kingdom to be the safest place in the world to live and be online, with our ... (more...)
East Asian foreign ministers express concerns about N. Korean threats East Asian foreign ministers express concerns about N. Korean threats
- August 08, 2017

Its sweeping claims overlap with Vietnam, the Philippines , Malaysia and Brunei - all members of the 10- nation Association of Southeast Asian Nations (ASEAN) bloc - as well as Taiwan. The U.S. and ASEAN claimants to the waters and islands oppose the work. China claims almost all of the sea, through which United States dollars 5 trillion in annual shipping trade passes and which is believed to sit atop vast oil and gas deposits. (more...)
Militant group Jamaat-ud-Dawa launches new party in Pakistan Militant group Jamaat-ud-Dawa launches new party in Pakistan
- August 08, 2017

The Jamaat-ud-Dawa (JuD) charity, alleged to have ties to the Pakistani Lashkar-e-Taiba (LeT) terrorist group (banned in Russia), launched the Milli Muslim League (MML) party on Monday, according to media reports. It said Saeed and others' detention expired on 27 July after his house arrest was extended for another 90 days. "However, this party will maintain an independent posture while contesting the next parliamentary election slated for 2018", the senior leader told AFP on condition of ... (more...)
SIG plc (SHI) Given SIG plc (SHI) Given "Buy" Rating at Peel Hunt
- August 08, 2017

Shore Capital restated a "buy" recommendation on stocks of J Sainsbury in a study note on early Mon, Jul 3rd. Finally, Morgan Stanley reaffirmed an equal weight rating on shares of ConvaTec Group PLC in a research report on Thursday, May 4th. (more...)
Royal Bank of Scotland Group plc Royal Bank of Scotland Group plc
- August 08, 2017

Jefferies Group LLC restated a hold rating and issued a GBX 262 ($3.46) target price on shares of Royal Bank of Scotland Group plc in a research note on Thursday, July 13th. The correct version of this piece can be read at https://stocknewstimes.com/2017/08/07/royal-bank-scotland-plc-the-nyserbs-cut-to-buy-at-bidaskclub-updated-updated.html. (more...)
Dahi Handi Fest: Children Under 14 Years Can't Participate, No Height Limit Dahi Handi Fest: Children Under 14 Years Can't Participate, No Height Limit
- August 08, 2017

State assures younger kids won't be part of human pyramids Accepting assurances from the Maharashtra government that it will not let any child below the age of 14 take part in human pyramid formations under the highly celebrated Dahi Handi festival, the Bombay High Court on Monday reduced the limit on the participation age in these rituals from 18 to 14 years old - a move that has sparked much celebration in certain quarters. (more...)
Xact Kapitalforvaltning AB Reduces Position in Las Vegas Sands Corp. (NYSE:LVS) Xact Kapitalforvaltning AB Reduces Position in Las Vegas Sands Corp. (NYSE:LVS)
- August 08, 2017

Las Vegas Sands Corp . has a consensus rating of "Buy" and an average target price of $62.65. (The) reiterated a "buy" rating on shares of Las Vegas Sands Corp .in a report on Tuesday, March 28th. The correct version of this story can be viewed at https://theolympiareport.com/2017/08/07/las-vegas-sands-corp-lvs-stock-rating-lowered-by-zacks-investment-research.html. (more...)
BroadSoft, Inc. (BSFT) Given Average Recommendation of "Buy" by Brokerages
- August 08, 2017

The biggest holder now is Mr. Michael Tessler who owns 235,229 shares (0.77% of those outstanding), whilst Mr. Scott D. Hoffpauir holds 129,036 (0.42% of shares outstanding) and James A. giving the company a " rating. Brown Advisory Inc reported 0.22% stake. 991,410 are owned by Waddell & Reed Fincl. Barnett Inc holds 34,696 shares. Schwab Charles Investment invested in 240,862 shares. (more...)
Louis Fed President Bullard: Rate Hikes Not Necessary in Near Term Louis Fed President Bullard: Rate Hikes Not Necessary in Near Term
- August 08, 2017

It held well above last week's 15-month low of 92.548, though was shy of Friday's post-jobs data high of 93.774 as investors pondered the timing of the USA central bank's next tightening steps. USA producer prices for July due on Thursday and consumer price index figures on Friday should confirm whether the labor market strength is spilling over into inflation. (more...)
National Retail Properties (NNN) Ownership Increased by Sumitomo Mitsui Trust Holdings, Inc
- August 08, 2017

Pinnacle Bank bought a new position in National Retail Properties during the first quarter valued at about $179,000. Meridian Wealth Management LLC increased its stake in shares of National Retail Properties by 0.5% in the second quarter. will post $0.08 earnings per share for the current fiscal year. The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. (more...)
Pilotless Planes Could Save Billions - If People Are Willing To Get On Pilotless Planes Could Save Billions - If People Are Willing To Get On
- August 08, 2017

The report estimates airlines would save $35 billion per year from decreased labor costs, reduced training expenses, improved fuel economy, and cheaper insurance. In fact, airlines in China and the Middle East, where the airline industry is growing far faster than in Europe and the USA, are readily paying hefty bonuses to hire pilots. (more...)
Tetra Tech, Inc. (TTEK) Shares Sold by Emerald Advisers Inc. PA
- August 08, 2017

It has underperformed by 4.22% the S&P500. (NYSE: TTI ) for 363,236 shares. The Firm operates through two divisions: Retail and Wholesale Products Group, and Business to Business Products Group. The rating was upgraded by Deutsche Bank on Monday, May 15 to "Buy". The firm earned "Sector Perform" rating on Friday, December 16 by RBC Capital Markets. (more...)
Traders Sell Baidu, Inc. (NASDAQ:BIDU) on Strength (NASDAQ:BIDU)
- August 08, 2017

The company's stock had a trading volume of 1,779,702 shares. Shares of Baidu ( NASDAQ BIDU ) traded up 0.49% on Monday, reaching $227.16. It has underperformed by 4.68% the S&P500. Investors sentiment decreased to 0.82 in Q4 2016. Its up 0.11, from 1 in 2016Q3. It improved, as 7 investors sold MSA shares while 39 reduced holdings. (more...)
United Technologies Corporation's (NYSE:UTX) Buy Rating Reaffirmed at Credit Suisse Group
- August 08, 2017

On Tuesday, December 1 the stock rating was initiated by Liberum Capital with "Hold". Zacks Investment Research upgraded United Technologies Corporation from a "hold" rating to a "buy" rating and set a $135.00 price target on the stock in a research report on Tuesday, May 16th. (more...)
DCP Midstream Partners LP
- August 08, 2017

EnLink Midstream, LLC is an integrated midstream company. Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. will post $3.92 EPS for the current year. The business also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Thursday, August 3rd will be given a dividend of $0.32 per share. (more...)
Forex reserves at 9-month high as capital flow more balanced Forex reserves at 9-month high as capital flow more balanced
- August 08, 2017

A China's vice commerce minister said last week that China's foreign trade faces a mostly positive environment in the second half of the year, but instability and uncertainties still exist. The yuan has strengthened 0.8 percent in the past month and 3.4 percent so far this year against the U.S. dollar. It has tightened scrutiny of companies and individuals moving money out of the country and introduced a new "countercyclical" factor to confound market expectations in determining the yuan's ... (more...)
Lockheed Martin Corporation's (NYSE:LMT) Lockheed Martin Corporation's (NYSE:LMT) "Neutral" Rating Reiterated at Credit Suisse Group
- August 08, 2017

Argent Tru Communications holds 28,797 shares. Carroll Fincl holds 0.01% or 198 shares. L & S Advisors invested 0.13% of its portfolio in Lockheed Martin Corporation (NYSE: LMT ). 108.75 million shares or 6.28% more from 102.33 million shares in 2016Q3 were reported. Farmers Trust Company reported 2,799 shares. Altfest L J And reported 0.29% stake. (more...)

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