Business


Hyundai's Dec. sales fall on weak overseas sales Hyundai's Dec. sales fall on weak overseas sales
- January 02, 2018

Hyundai India has registered record sales by surpassing its calender year 2017 business plan with highest-ever domestic sales of 5,27,320 units and cumulative sales of 6,78,221 units. The company and its union have yet to seal the wage deal for 2017 and it needs to launch new and customized models, including sport-utility vehicles, to revive sales in major markets this year. (more...)
First Bancorp (FBP) EPS Estimated At $0.05
- January 02, 2018

Eric Sprott increased its stake in Cal Maine Foods Inc (CALM) by 15.18% based on its latest 2017Q3 regulatory filing with the SEC. The hedge fund held 1.83M shares of the major banks company at the end of 2017Q3, valued at $9.38M, down from 2.79M at the end of the previous reported quarter. (more...)
Farmers National Banc (FMNB) Given "Hold" Rating at Keefe, Bruyette & Woods
- January 02, 2018

Associated Banc-Corp is a bank holding company. About 593,935 shares traded. Farmers Natl Banc Corp now has $406.27M valuation. Associated Banc (NYSE:ASB) last announced its quarterly earnings data on Thursday, October 19th. Investors sentiment increased to 1.34 in 2017 Q3. This represents a $0.24 annualized dividend and a dividend yield of 1.63%. 11 funds opened positions while 32 raised stakes. (more...)
Hot Performer of the day: Starwood Property Trust, Inc. (STWD)
- January 02, 2018

The institutional investor held 49,300 shares of the consumer services company at the end of 2017Q3, valued at $1.07 million, up from 27,400 at the end of the previous reported quarter. Starwood Property Trust's dividend payout ratio (DPR) is now 116.36%. (NYSE: STWD ) earned "Buy" rating by Deutsche Bank on Friday, August 7. The rating was maintained by FBR Capital on Tuesday, November 21 with "Buy". (more...)
Strong winds may 'damage homes' warns Met Office Strong winds may 'damage homes' warns Met Office
- January 02, 2018

Met Office chief forecaster Paul Gundersen said: "The unsettled theme continues throughout this week, with further spells of rain moving across the United Kingdom from the west as many return to work on Tuesday and there will again be some snow over the high ground in Scotland". (more...)
BP to take $1.5bn hit on USA tax reforms BP to take $1.5bn hit on USA tax reforms
- January 02, 2018

The hit will be shown in BP's fourth quarter results. Longer term, earnings will be "positively impacted" by the changes, according to BP, which is scheduled to announce fourth-quarter results on February 6. Oil and gas giant BP expects a boost from Trump's new tax plan in the long term . Last week Goldman Sachs warned that it is likely to take a $5bn hit to earnings as a result the tax reforms. (more...)
Oil posts strongest year opening since 2014; Iran unrest pushes up crude Oil posts strongest year opening since 2014; Iran unrest pushes up crude
- January 02, 2018

Crude oil prices rose after EIA inventory data showed raw material stocks shed 6.5 million barrels compared with a 3.48 million draw expected by the markets, while gasoline storage added 1.24 million last week, a smaller build than the 1.73 million median forecast. (more...)
Perth sees sharpest fall in house prices across Britain Perth sees sharpest fall in house prices across Britain
- January 02, 2018

Bournemouth was second with an increase of 11.7 per cent. Brighton completed the top three at 11.4 per cent. Huddersfield (9.3%), Nottingham (8.9%) and Lincoln (8.4%) along with Stockport (8.2%) and Swansea (7.7%) were the top performers outside London and the South. (more...)
Apple Issues Apology Over Slowdown In Older iPhones Apple Issues Apology Over Slowdown In Older iPhones
- January 02, 2018

Three individuals in Texas have filed a class action lawsuit against the company for purposefully slowing down older phones . In most of the cases I found, users either discovered that a battery replacement restored the reliability of their devices or were strongly urged to replace their phones' batteries to fix the problem. (more...)
Overall death toll in Iran protests rises to 20 Overall death toll in Iran protests rises to 20
- January 02, 2018

They began last Thursday in the city of Mashhad, initially against price rises and corruption, but have since spread amid wider anti-government sentiment. On Sunday, Iran blocked access to Instagram and the popular messaging app Telegram used by activists to organize. That was echoed Monday by judiciary chief Ayatollah Sadegh Larijani, who urged authorities to confront rioters, state TV reported. (more...)
Ltd. Sells 1032 Shares of Texas Instruments Incorporated (TXN)
- January 02, 2018

It has outperformed by 23.61% the S&P500. Andrew Feldstein decreased its stake in Landstar Sys Inc (LSTR) by 18.87% based on its latest 2017Q3 regulatory filing with the SEC. Northstar Investment Advisors Llc who had been investing in Texas Instruments Inc for a number of months, seems to be bullish on the $102.93B market cap company. (more...)
Ardsley Advisory Partners Trimmed Its Sociedad Quimica Minera De C (SQM) Holding by $2.75 Million; Sonoco Prods Co (SON) Holding Increased by Holderness Investments Company
- January 02, 2018

Alley Company Llc sold 2,830 shares as the company's stock declined 4.72% while stock markets rallied. The stock decreased 0.13% or $0.06 during the last trading session, reaching $46.16. Marshall Wace North America L.P. now owns 363,859 shares of the basic materials company's stock worth $12,007,000 after purchasing an additional 253,403 shares during the last quarter. (more...)
Tennis star Serena Williams reveals pregnancy emotions on Instagram Tennis star Serena Williams reveals pregnancy emotions on Instagram
- January 02, 2018

She gave birth to her first child, a girl named Alexis Olympia Ohanian Jr., on September 1. It was Ostapenko who ultimately came out on top, winning 6-2 3-6 10-5, but Williams showed more than enough to indicate she could be a force to be reckoned with at the Australian Open in two weeks' time. (more...)
Norges Bank Purchases Shares of 602763 First Financial Bancorp (FFBC)
- January 02, 2018

The Company offers a complement of products and services on a nationwide basis. Vanguard Group Inc. now owns 255,203 shares of the bank's stock worth $7,158,000 after purchasing an additional 2,760 shares in the last quarter. Moreover, Cornercap Invest Counsel has 0.11% invested in First Internet Bancorp (NASDAQ:INBK) for 25,135 shares. Legg Mason Asset Management Japan acquired 8,700 shares as Praxair Inc (PX)'s stock rose 10.06%. (more...)
Seagate Technology PLC (STX) Shares Sold by WINTON GROUP Ltd
- January 02, 2018

About 1.87 million shares traded. Brown Brothers Harriman Co has 0% invested in Seagate Technology plc (NASDAQ:STX). It has outperformed by 10.05% the S&P500. The Cypress Capital Management Llc Wy holds 350 shares with $12,000 value, down from 10,645 last quarter. Geode Capital Management has invested 0% in First Community Corporation (NASDAQ:FCCO). (more...)
8 per cent govt bonds to close for subscription from tomorrow 8 per cent govt bonds to close for subscription from tomorrow
- January 02, 2018

The decision to discontinue the bond comes in the backdrop of declining interest rate in other saving instruments, especially the Post Office small saving schemes. Senior Congress leader P Chidambaram today slammed the Narendra Modi government for reducing the interest rates for small savings instruments and scrapping the 8 per cent Government Savings Bonds, saying the move was a "severe blow" to the middle class. (more...)
At&T INC (T) Shareholder Oakwood Capital Management LLC Raised Stake
- January 02, 2018

It has outperformed by 6.37% the S&P500. Summit Financial Wealth Advisors Llc, which manages about $360.13 million and $274.98M US Long portfolio, upped its stake in Intl Paper Co (NYSE:IP) by 17,270 shares to 57,901 shares, valued at $3.29M in 2017Q3, according to the filing. (more...)
After uptick, Malaysian factories ring out 2017 on flat note After uptick, Malaysian factories ring out 2017 on flat note
- January 02, 2018

China's exports saw solid growth during the final months of previous year. "The fall in the headline PMI was driven by a contraction in new orders". The projection of an improvement in underlying demand conditions was the key reason behind business confidence, according to anecdotal evidence, said the Nikkei Malaysia Manufacturing Purchasing Managers' Index (PMI). (more...)
2-hour computer outage at United States customs causes delays nationwide 2-hour computer outage at United States customs causes delays nationwide
- January 02, 2018

EST forced Customs and Border Protection officers to process arriving passengers using backup procedures at some airports. "CBP took immediate action to address the technology disruption". CBP said travelers at "some ports of entry experienced longer than usual wait times". A few minutes later, another tweet said the customs processing issue was resolved. (more...)
Shares in UnitedHealth Group Incorporated (UNH) Acquired by Fayez Sarofim & Co
- January 02, 2018

The stock decreased 1.40% or $16.63 during the last trading session, reaching $1169.47. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 1, 2017 and is uptrending. Marshall Wace LLP boosted its position in shares of UnitedHealth Group by 441.4% during the second quarter. Jefferies Group LLC reiterated a "buy" rating and issued a $186.00 target price on shares of UnitedHealth Group in a report on Tuesday, January 10th. (more...)
(COG) Shares Sold by Nationwide Fund Advisors
- January 02, 2018

Cabot Oil & Gas Corp Com now has $13.23B valuation. (NYSE:COG) traded up $0.06 during trading hours on Friday, hitting $28.60. About 5.10M shares traded or 2.10% up from the average. 169,964 are owned by Bancshares. It also reduced its holding in Danaher Corp Del (NYSE:DHR) by 36,088 shares in the quarter, leaving it with 111,449 shares, and cut its stake in Alphabet Inc. (more...)
$0.28 EPS Expected for Vertex Pharmaceuticals Incorporated (VRTX)
- January 02, 2018

The stock decreased 0.18% or $0.31 during the last trading session, reaching $175.24. Thompson Siegel & Walmsley Lc holds 550 shares or 0% of its portfolio. Moreover, Assetmark Incorporated has 0.01% invested in Visa Inc. (NYSE:AZO) for 565 shares. Analysts await Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) to report earnings on January, 24. (more...)
Eight core sectors grow 6.8% in November: Commerce Ministry Eight core sectors grow 6.8% in November: Commerce Ministry
- January 02, 2018

Core sector growth during November 2016 was hit by demonetisation and had plunged to 3.2 per cent. Its cumulative index increased by 3.6 per cent during April to November, 2017-18 over the corresponding period of previous year. Crude Oil production (weight: 8.98%) increased by 0.2% in November 2017 over November 2016. "We expect the growth of the IIP to rebound to a healthy 5-6 per cent in November 2017", she added. (more...)
Solar Senior Capital Ltd (SUNS) Shares Bought by JPMorgan Chase & Co
- January 02, 2018

The shares were acquired at an average price of $17.57 per share, for a total transaction of $253,675.66. It has outperformed by 1.82% the S&P500. Price T Rowe Associates Inc increased Avx Corp New (AVX) stake by 3.1% reported in 2017Q3 SEC filing. (more...)
Status Orange warning issued ahead of Storm Eleanor Status Orange warning issued ahead of Storm Eleanor
- January 02, 2018

Wednesday warning of winds. There is a risk of coastal flooding with very high seas along Atlantic coasts. Many parts of the United Kingdom are bracing for a "very windy" spell which could last for much of Wednesday. "If you're travelling, please check your route before setting off and don't drive through flood water". The Met Office said cloud and rain in the south would slowly move east on Sunday, and showers, persistent rain and hill snow were likely in Northern Ireland , southern ... (more...)
Airline safety: 2017 was safest year in aviation history Airline safety: 2017 was safest year in aviation history
- January 02, 2018

To70's annual Civil Aviation Safety Review takes into account only larger passenger aircraft commonly used by most travelers, or aircraft with a maximum take-off mass of 5700 kg (12566 lbs) or above. ASN chief executive Harro Ranter said the accident-rate had been steadily declining since 1997, crediting the efforts of worldwide aviation organisations and the industry. (more...)
Stryker Corporation (NYSE:SYK) Increases Dividend to $0.47 Per Share
- January 02, 2018

Wellington Management Group Limited Liability Partnership invested in 0.15% or 4.49M shares. Westpac Banking Corp who had been investing in Stryker Corp for a number of months, seems to be bullish on the $57.95 billion market cap company. Tiaa Cref Inv Management Limited Com has 0.01% invested in Murphy Oil Corporation (NYSE:MUR). Eagle Ridge Investment Management invested in 1.12% or 47,610 shares. (more...)
$-1.03 EPS Expected for Hess Corporation (HES)
- January 02, 2018

Alliancebernstein L.P. now owns 7,274,288 shares of the company's stock valued at $437,185,000 after buying an additional 1,045,026 shares during the last quarter. Icon Advisers Inc has 300 shares for 0.04% of their portfolio. Xerox Corporation (NYSE:XRX) had an increase of 0.72% in short interest. Earnest Lc, a Georgia-based fund reported 40,303 shares. (more...)
Flight Takes Off in 2018 But Takes People Back Into 2017 Flight Takes Off in 2018 But Takes People Back Into 2017
- January 02, 2018

The flight was supposed to depart the Auckland International Airport at 11.55pm local time. Auckland is 23 hours ahead of Honolulu, as Honolulu goes by GMT-10 time, while Auckland goes by GMT+13, which explains the "time travelling". However, something prompted a sharp 10-minute delay in the flight's departure and it finally departed at 12.05 am on Monday, January 1, 2018 (as per NZ time). (more...)
Ross Stores INC (ROST) Holding Held by First Quadrant LP
- January 01, 2018

The company has market cap of $30.67 billion. The stock decreased 0.45% or $0.36 during the last trading session, reaching $80.25. About 1.76 million shares traded. Investors sentiment increased to 1.04 in Q3 2017. Shareholders of record on Friday, December 1st were given a $0.16 dividend. It increased, as 58 investors sold ROST shares while 200 reduced holdings. (more...)

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