Business


US Crude Oil Drops In Asia After API Estimates, EIA Data Awaited US Crude Oil Drops In Asia After API Estimates, EIA Data Awaited
- November 15, 2017

Oman exported 245.19 million barrels during January-October period of 2017, against 268.68 million barrels for the same period of the previous year, shows data released by the Ministry of Oil and Gas on Wednesday. Brent was also down 1% to $61.56. Gasoline was trading down as well, -2.15 percent at $1.74. U.S. Gulf Coast distillate stocks fell to 38.8 million barrels, a one-year low. (more...)
Trims Stake in Mondelez International, Inc. (MDLZ)
- November 15, 2017

Also, EVP Daniel P. Myers sold 7,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 12th. About 421,041 shares traded. Among 21 analysts covering Mondelez International Inc (NASDAQ: MDLZ ), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 100% are positive. Mondelez International has a 1-year low of $39.19 and a 1-year high of $47.23. (more...)
United Parcel Service, Inc. (UPS) Shares Bought by Baillie Gifford & Co
- November 15, 2017

About shares traded. American Software, Inc. It is down 120.49% since November 14, 2016 and is uptrending. It has underperformed by 2.48% the S&P500. Its up 0.07, from 0.98 in 2017Q1. Several large investors have recently modified their holdings of UPS . 91 funds opened positions while 402 raised stakes. (more...)
Hartford Financial Services Group, Inc
- November 15, 2017

The stock declined 0.19% or $0.21 reaching $110.09 on the news. The company is so far trading up since yesterday's close of 55.52. Universal Forest Products, Inc. Brown Brothers Harriman & Communication holds 10,126 shares. Trust Department Mb National Bank & Trust N A accumulated 202 shares. Voya Invest Mngmt Lc holds 0.44% or 3.73M shares. (more...)
UK government to invest £21m in Tech City UK UK government to invest £21m in Tech City UK
- November 15, 2017

The home secretary Amber Rudd will meet with the industry for input on making the visa process more efficient. "This will ensure we continue to be at the forefront of digital innovation, developing tech talent and attracting worldwide investment". (more...)
Institutional Ownership Is High In Crown Castle International Corp. (REIT) (NYSE:CCI)
- November 15, 2017

Crown Castle International Corporation has a consensus rating of "Buy" and an average target price of $110.04. The stock increased 0.22% or $0.25 during the last trading session, reaching $113.16. (REIT) ( NYSE : CCI ). 1.45 million were reported by Neuberger Berman Ltd. Sei Invs accumulated 578,058 shares. (REIT) ( NYSE : CCI ). Magellan Asset invested 0.62% of its portfolio in Crown Castle International Corp. (more...)
QUALCOMM Incorporated (QCOM) Insider sold 2000 Shares QUALCOMM Incorporated (QCOM) Insider sold 2000 Shares
- November 15, 2017

About 14.02M shares traded. QUALCOMM Incorporated (NASDAQ: QCOM ) closed its last session at $66. It has underperformed by 7.39% the S&P500. Checchi Capital Advisers LLC raised its stake in Qualcomm by 1.0% in the second quarter. Greylin Inv Mangement holds 128,655 shares. Qci Asset Inc invested 0% in QUALCOMM, Inc . (NASDAQ: QCOM ) for 143,926 shares. More notable recent QUALCOMM, Inc . (more...)
IPhone X Production Woes Hit Foxconn Profit IPhone X Production Woes Hit Foxconn Profit
- November 15, 2017

Another big suspected barrier to higher production yields is Face ID - the new biometric authentication system which does a 3D scan of a user's face and replaces the fingerprint scanner (Touch ID) on the iPhone X. An analyst in Hong Kong said that a recover is expected during the fourth quarter due to utilization getting better thanks to the ramp up of the iPhone X. (more...)
Amazon invests another $443 million into its India operations Amazon invests another $443 million into its India operations
- November 15, 2017

The doubling of authorized capital not only improves the prospect of future India investments by Amazon founder Jeff Bezos, but also sets the stage for an all-out, high-stakes war against Flipkart . Brian T Olsavsky, chief financial officer at Amazon, told FE, "It is worldwide expansion and primarily in India where we're continuing to add benefits". (more...)
Tencent's Q3 profit jumps 69%, revenues climb 61% Tencent's Q3 profit jumps 69%, revenues climb 61%
- November 15, 2017

EBITDA amounted to CNY 24 billion, up from CNY 15.8 billion in the third quarter of 2016, while capex amounted to CNY 3.4 billion, down from CNY 3.6 billion in the third quarter of 2016. "We will continue to invest [in original content] in the long run, given that it's a high engagement product", said Lau, adding that time spent on its original content is second only to social media. (more...)
Ameriprise Financial Incorporated (NYSE:AMP)'s Stock Is Sell After More Market Selling
- November 15, 2017

Hilton Worldwide Holdings Inc (NYSE:HLT) has risen 50.92% since November 14, 2016 and is uptrending. It has outperformed by 7.46% the S&P500. Sells 39,900 Shares of Ameriprise Financial Services, Inc . Thrivent Financial For Lutherans now owns 5,660 shares of the financial services provider's stock worth $734,000 after acquiring an additional 80 shares during the last quarter. (more...)
Bird hits plane landing in Miami Bird hits plane landing in Miami
- November 15, 2017

No injuries were reported. There have been recorded instances of birds hitting commercial airplanes in the past. November 15-An American Airlines Airbus A319 bound for Miami from Mexico City was slammed in the nose by a bird. Numerous airport personnel could be seen taking photos of the rare sight after the flight arrived at gate D22. Maintenance crews took the plane out of service to examine the area of impact before allowing it to resume flights. (more...)
Expedia, Inc. (EXPE) Price Target Cut to $140.00 Expedia, Inc. (EXPE) Price Target Cut to $140.00
- November 15, 2017

Short shares fell 102,018 over that period. On October 27 Royal Bank Of Canada held the company rating at "Outperform" with a current price target of $155.00. The stock of Expedia Inc (NASDAQ:EXPE) has "Overweight" rating given on Tuesday, February 9 by Barclays Capital. Bank of America Corporation now has $149.00 price objective on the online travel company's stock. (more...)
Pope Francis auctions $237000 Lamborghini gift for charity Pope Francis auctions $237000 Lamborghini gift for charity
- November 15, 2017

Sporting the papal colors - white with yellow-gold detailing - the Lamborghini Huracan's base price usually start at 183,000 euros but the specially-made papal auto should bring far more at auction . Francis got around his native Buenos Aires on public transport and has long railed against people who buy the latest model cars or cellphones. The proceeds, the Vatican said, will be given to the pope, who already has chosen to fund three projects: the resettlement of Christians in Iraq's ... (more...)
The Natixis Asset Management Has $526000 Position in Kinder Morgan, Inc. (KMI) The Natixis Asset Management Has $526000 Position in Kinder Morgan, Inc. (KMI)
- November 15, 2017

Following previous thoughts, shifting focus on performance of the Kinder Morgan, Inc . Examining Institutional Ownership at Kinder Morgan, Inc . Mizuho assumed coverage on Kinder Morgan in a research note on Thursday, July 27th. IndexIQ Advisors LLC increased its position in Kinder Morgan by 114.4% in the third quarter. The Stock has YTD ( year to date ) performance of -15.84 percent. (more...)
The Buckingham Research Reiterates The Buckingham Research Reiterates "Buy" Rating for Target Corp. (TGT)
- November 15, 2017

Total sales during the period ended October 28, increased 1.4% to $16.7 billion and benefitted from the addition of smaller stores as Target ended the quarter with 44 stores measuring less than 50,000 square feet compared to 22 at the end of the third quarter the prior year. (more...)
Greggs has apologised for replacing baby Jesus with a sausage roll Greggs has apologised for replacing baby Jesus with a sausage roll
- November 15, 2017

Each door on the calendar reveals a token which can be redeemed inside one of Greggs' 1,700 or so outlets in the UK. A Greggs spokeswoman told The Northern Echo: 'We're really sorry to have caused any offence, this was never our intention'. (more...)
Premier Foods sales rise thanks to Batchelors and Angel Delight Premier Foods sales rise thanks to Batchelors and Angel Delight
- November 15, 2017

International revenue at the group behind brands such as Bisto, Batchelors, Loyd Grossman, and Mr Kipling, increased by 23pc year-on-year in the six month period, driven by the group's partnerships with Nissin and Mondelez International. Premier's second quarter sales were up 6.2% compared with the previous quarter. "The cost efficiency programme we launched earlier this year is on track to deliver the expected benefits", said Darby. (more...)
Scottish minimum alcohol pricing ruled legal by UK Supreme Court Scottish minimum alcohol pricing ruled legal by UK Supreme Court
- November 15, 2017

Ms Sturgeon said: 'Absolutely delighted that minimum pricing has been upheld by the Supreme Court. Robison said: "This is a historic and far-reaching judgment and a landmark moment in our ambition to turn around Scotland's troubled relationship with alcohol". (more...)
Forever 21 warns of potential data breach that impacted payment card transactions Forever 21 warns of potential data breach that impacted payment card transactions
- November 15, 2017

Popular clothing retailer Forever 21 revealed on Tuesday (14 November) that hackers may have gained unauthorised access to payment card systems at some of its stores, potentially compromising the credit card details of customers who shopped there. (more...)
A no-deal Brexit 'could see Aston Martin stop vehicle production' A no-deal Brexit 'could see Aston Martin stop vehicle production'
- November 15, 2017

Currently VCA approved cars are able to be sold across the European Union thanks to the UK's membership. Giving evidence to the Business Select Committee, Mr Wilson said that Aston Martin was planning to continue producing in the United Kingdom after Brexit but needed more clarity about a possible transitional deal. (more...)
The best Target Cyber Monday deals 2017 The best Target Cyber Monday deals 2017
- November 15, 2017

Online sales comprised 9.4 percent of total retail sales in the fourth quarter of 2016, up from 8.7 percent during the same three-month period the previous year, according to government figures. These discounted items are usually limited in quantity and can be purchased "only" during specific hours . It turns out, customers are really not into Black Friday . (more...)
India Advances Launch Of Euro-VI Fuels For Smog-hit Delhi India Advances Launch Of Euro-VI Fuels For Smog-hit Delhi
- November 15, 2017

The Ministry of Petroleum and natural Gas has successfully introduced the BS-IV grade transportation fuels across the country from April, 1, 2017. The Oil Ministry had assured the supply of Bharat Stage-VI fuel to meet this promise. It says this step is expected to help mitigate the problem of air pollution in NCT of Delhi and surrounding areas. The Ministry has also directed the oil firms to examine the possibility of introducing BS-VI auto fuels in the entire National Capital Region by ... (more...)
Fisher Asset Management LLC Invests $2.20 Million in Clovis Oncology, Inc. (CLVS)
- November 15, 2017

Credit Suisse Ag has 0.01% invested in Clovis Oncology Inc (NASDAQ: CLVS ). It has outperformed by 6.81% the S&P500. American Intl Group Inc now has $55.72 billion valuation. Shares of Clovis Oncology, Inc . Rhumbline Advisers reported 0.22% stake. Ftb Advsr accumulated 1,977 shares. Alliancebernstein LP has invested 0.07% in Clovis Oncology Inc (NASDAQ: CLVS ). (more...)
Cold front to hit metro this weekend Cold front to hit metro this weekend
- November 15, 2017

These warm temperatures will come to a screeching halt Saturday , as a cold front moves through. That cold front is fairly weak and is lacking both in terms of moisture ahead of it and cold air behind it. A grey, cold day is in store for Thursday and there could be a touch of rain at times, mainly in the morning. Saturday won't be a washout, but it should be a mostly cloudy and breezy day with a couple of rounds of rain or rain showers. (more...)
Snooping aid? Brit spy agencies fear anti-virus software Kaspersky's Russian Federation links
- November 15, 2017

The Financial Times newspaper earlier wrote that the British Government Communications Headquarters (GCHQ) was concerned over cooperation between Barclays Bank and Kaspersky Lab. Asked if the company is considering suing the USA government, a spokeswoman for Kaspersky said the company "continues to consider all possible options". (more...)
Ethiopian Airlines orders four Boeing 777 freighters Ethiopian Airlines orders four Boeing 777 freighters
- November 15, 2017

Ethiopian Airlines now operates a fleet of six Boeing 777 freighters and two Boeing 757 freighters, operating to 39 cargo destinations in Africa, the Middle East, Asia and Europe. The transaction includes a new order for two freighters. "Today's announcement also speaks to our confidence in the future of aviation in the UAE and the region". (more...)
Stratasys (SSYS) Given Daily Coverage Optimism Score of 0.14 Stratasys (SSYS) Given Daily Coverage Optimism Score of 0.14
- November 15, 2017

Of those analysts, 4 rate stock as a Strong Buy, 9 rate it as Hold, and just 1 analyst rates it as a Moderate Sell. Loop Capital began coverage on shares of Stratasys in a report on Monday, July 24th. The correct version of this report can be viewed at https://stocknewstimes.com/2017/11/14/stratasys-ltd-ssys-releases-quarterly-earnings-results-beats-expectations-by-0-04-eps.html. (more...)
Central banks can't fight rise in asset prices explicitly: Fed's Evans Central banks can't fight rise in asset prices explicitly: Fed's Evans
- November 15, 2017

Evans expressed concerns Wednesday that the public was losing faith in policy makers' commitment to bring inflation back up to their 2 percent target. "We are under-running our inflation objective. I think that's inappropriate", he said. The three-year-ahead expectation was 2.81 percent, slightly up from the previous month and also at the highest level since April. (more...)
Leerink Swann Cuts Merck & Company, Inc. (MRK) Price Target to $69.00 Leerink Swann Cuts Merck & Company, Inc. (MRK) Price Target to $69.00
- November 15, 2017

Trading volume for Merck & Co., Inc. was 13.4 Million in its previous trading session. The stock declined 0.27% or $0.15 reaching $54.95 on the news. About 7.09 million shares traded. Therefore 64% are positive. The stock now has an average rating of "Hold" and an average price target of $67.07. Finally, Bryan, Garnier & Co initiated coverage on shares of Merck & Co.in a research report on Friday, January 13th. (more...)

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