Business


Cryptocurrency ripple briefly drops more than 11%
- January 05, 2018

The digital currency, officially called XRP, was trading near $2.83, down 11.56 percent on the day and off 26 percent from its record high of $3.84 hit Thursday, according to CoinMarketCap . In a blog post , the company, which now allows customers to buy, sell, deposit or withdraw bitcoin, litecoin, ethereum, and most recently, bitcoin cash, said it wanted to explain its process for adding new assets. (more...)
Engineer discovers largest prime number after 14-year search Engineer discovers largest prime number after 14-year search
- January 05, 2018

There are, after all, only 50 Mersenne primes among all the numbers that run up to 23 million digits. The quest to find more prime numbers may seem frivolous, but they hold practical applications as well, such as the generation of public key cryptography algorithms, hash tables, and as random number generators. (more...)
Constellation Brands, Inc. (STZ) Shares Bought by Cypress Capital Group Constellation Brands, Inc. (STZ) Shares Bought by Cypress Capital Group
- January 05, 2018

Total shares held by institutions as of the most recent company filings are 146,625,596 with a reported 15,982,332 bought and 9,583,620 sold. The company's stock had a trading volume of 2,782,806 shares, compared to its average volume of 1,320,000. (more...)
United Kingdom productivity at 6-year high in the third quarter United Kingdom productivity at 6-year high in the third quarter
- January 05, 2018

Britain ranks fifth out of G7 industrial nations on productivity - the amount of work produced either per worker or per hour worked. The figures showed, however, that growth in the productivity of British workers during the past decade was at its lowest since the 1820s as the United Kingdom suffered a "lost decade" of productivity growth since the 2008 financial crisis. (more...)
Winter Storm Diverts Flights From Northeast Cities to Dulles, Causing Major Backlog Winter Storm Diverts Flights From Northeast Cities to Dulles, Causing Major Backlog
- January 05, 2018

The world's largest passenger plane, a Singapore Airlines Airbus A380, was forced to land at Stewart International Airport on Thursday due to blizzard conditions. Singapore Airlines was working to arrange ground transportation to NY for the passengers, a spokesman said. Numerous travelers then boarded on buses to NY. (more...)
Virtu Financial LLC Invests $377000 in United Continental Holdings Inc (UAL)
- January 05, 2018

About 570,059 shares traded. It has outperformed by 5.73% the S&P500. Cadence Capital Management Llc decreased its stake in United Contl Hldgs Inc ( UAL ) by 49.35% based on its latest 2017Q3 regulatory filing with the SEC. First Trust Advsrs LP invested in 542,934 shares. Wells Fargo & Co Mn accumulated 28,356 shares. Ahl Prtn Llp has 0.11% invested in United Continental Holdings, Inc. (more...)
US Economy Adds 148000 Jobs in December, Unemployment Remains at Record Low US Economy Adds 148000 Jobs in December, Unemployment Remains at Record Low
- January 05, 2018

Should unemployment fall to 3.5 per cent, those complaints will intensify. "The Canadian data flow rung in the new year with panache, with the jobs report for December stacking on another spectacular gain", CIBC economist Nick Exarhos wrote Friday in a research note to clients. (more...)
What Does Institutional Ownership Look Like At Wal-Mart Stores, Inc. (WMT)? What Does Institutional Ownership Look Like At Wal-Mart Stores, Inc. (WMT)?
- January 05, 2018

It has underperformed by 6.57% the S&P500. (NYSE: WMT ) reached all time high today, Jan, 5 and still has $106.28 target or 6.00% above today's $100.26 share price. Davis R M owns 4,244 shares. Bbva Compass Comml Bank reported 0.33% stake. Of those holders, 712 had increased positions amounting to 53.29 million shares, 721 had decreased positions amounting to 43.89 million shares, and 203 holders have a held position accounting for 813.55 million shares. (more...)
Walgreens Boots Alliance Posts 8% Sales Increase In Q1 Walgreens Boots Alliance Posts 8% Sales Increase In Q1
- January 05, 2018

Walgreens attributed the gain mainly to higher prescription volumes, including mail and central specialty pharmacy in the wake of the formation of AllianceRx Walgreens Prime. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.07 and a quick ratio of 0.59. And the worst performing Nasdaq 100 component thus far on the day is Walgreens Boots Alliance, trading down 5.9%. (more...)
United States charges ex-Och-Ziff executive with fraud,… United States charges ex-Och-Ziff executive with fraud,…
- January 05, 2018

It was reported on Jan, 3 by Barchart.com . Och Ziff Cap Mgmt Group now has $1.22 billion valuation. The Company provides asset management services through its funds, which pursue a range of global investment opportunities. First Republic Inv invested in 665,535 shares. Among 10 analysts covering Och-Ziff Capital Management Group (NYSE:OZM), 3 have Buy rating, 0 Sell and 7 Hold. (more...)
Thermo Fisher Scientific Inc (NYSE:TMO): What does the future look like?
- January 05, 2018

The hedge fund held 724,760 shares of the health care company at the end of 2017Q3, valued at $48.50 million, up from 718,730 at the end of the previous reported quarter. on Wednesday, August 2. Finally, Leerink Swann reiterated a "buy" rating on shares of Thermo Fisher Scientific in a research report on Monday, October 30th. (more...)
The Latest Amazon.com, Inc. (AMZN) Insider Trading Activity
- January 05, 2018

Foxhaven Asset Management LP cut its stake in Amazon.com, Inc. The shares were sold at an average price of $767.15, for a total value of $3,751,363.50. Investors sentiment decreased to 1.26 in 2017 Q3. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. (more...)
Janus Henderson Group PLC Grows Position in Ulta Beauty Inc (NASDAQ:ULTA) Janus Henderson Group PLC Grows Position in Ulta Beauty Inc (NASDAQ:ULTA)
- January 05, 2018

The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, November 3. Ulta Beauty Inc (ULTA) traded down $1.67 during mid-day trading on Monday, hitting $223.66. Omega Advsr invested in 0.03% or 81,000 shares. Calamos Advsrs Lc has 69,003 shares for 0.12% of their portfolio. Finally, Alps Advisors Inc. grew its stake in shares of Ulta Beauty by 34.8% in the third quarter. (more...)
(NYSE:VLO) Shares Sold by Dana Investment Advisors Inc
- January 05, 2018

The stock increased 0.35% or $0.13 during the last trading session, reaching $37.6. Dorsey Whitney Trust Ltd Liability Corporation stated it has 3,422 shares or 0.05% of all its holdings. One investment analyst has rated the stock with a sell rating , twelve have given a hold rating and ten have given a buy rating to the stock. The stock of Valero Energy Corporation (NYSE: VLO ) earned "Overweight" rating by Barclays Capital on Tuesday, October 10. (more...)
Canadian National Railway Company (NYSE:CNI) Reaches a New Pinnacle
- January 05, 2018

It has outperformed by 13.33% the S&P500. Jones Collombin Investment Counsel Inc decreased its stake in Canadian Natl Ry Co (CNI) by 4.69% based on its latest 2017Q3 regulatory filing with the SEC. Investors will be watching to see if the name can maintain momentum heading into the new year.Since the start of the calendar year, Canadian National Railway Company (NYSE:CNI)'s stock has changed 2.13%. (more...)
Dominion to Buy Scana for $7.9 billion Dominion to Buy Scana for $7.9 billion
- January 05, 2018

The deal must be approved by SCANA's shareholders , the U.S. Federal Trade Commission, and the U.S. Department of Justice, and receive authorization from the Nuclear Regulatory Commission and Federal Energy Regulatory Commission, according to the utilities. (more...)
Baxter International Inc. (BAX) - Healthcare stock under Review
- January 05, 2018

About 773,322 shares traded or 363.14% up from the average. It has underperformed by 43.46% the S&P500. Bessemer Group Inc. increased its stake in Baxter International by 1.4% during the third quarter. (NYSE: BAX ). Redwood Invests holds 127,621 shares or 0.91% of its portfolio. Since August 17, 2017, it had 0 insider buys, and 4 insider sales for $2.16 million activity. (more...)
Dominion Pounces on Scana's Nuclear Woes Dominion Pounces on Scana's Nuclear Woes
- January 05, 2018

In addition to a $1.7 billion writeoff of nuclear costs, the company proposes a $1.3 billion payment to SCE&G customers, amounting to about $1,000 for the average residential ratepayer. Summer nuclear plant project. Project partners Scana and Santee Cooper said finishing the reactors could cost $25 billion. Added all up, Dominion is paying around $7.43 billion excluding debt for a company that would have cost it $14 billion last summer with a similar deal premium. (more...)
Spotify plotting direct listing to shirk typical IPO costs Spotify plotting direct listing to shirk typical IPO costs
- January 05, 2018

The confidential filing was initially reported by news outlet Axios . According to both Reuters and the Financial Times , the Swedish juggernaut is considering taking a direct listing in the first six months of 2018 to allow some veteran investors to cash out if they so wish. (more...)
Take Rs 200 notes to ATMs, RBI tells banks Take Rs 200 notes to ATMs, RBI tells banks
- January 05, 2018

The new currency note will have the same height of 63mm as the current ten rupee note but the width will be 123 mm - slightly lesser than the 137 mm width of the existing note. The back of Rs 10 note will bear the year of printing, a Swachh Bharat logo with slogan, a language panel, motif of the Sun Temple and the Konark and the denominational numeral १० written in Devnagari script. (more...)
Arsenal close to completing Konstantinos Mavropanos transfer, confirms Arsene Wenger Arsenal close to completing Konstantinos Mavropanos transfer, confirms Arsene Wenger
- January 05, 2018

Standing tall at a strapping 6ft 4in the defender has the presence and authority in both penalty areas which Arsenal often lack. Arsene Wenger confirmed the move, per ESPN's Mattias Karen , but noted Mavropanos will go out on loan before playing for the Gunners . (more...)
Mira Sorvino praises father after he threatens Harvey Weinstein Mira Sorvino praises father after he threatens Harvey Weinstein
- January 05, 2018

Weinstein's sexual misconduct and assault case has been passed to the Los Angeles District Attorney's officials for further investigation and the producer is now being scrutinized by lawmakers in London and NY following accusations of rape from a number of alleged victims, and Sorvino is convinced the film boss will "die in jail". (more...)
Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Shares Sold by Schroder Investment Management Group
- January 05, 2018

Bowen Hanes & Co Inc who had been investing in Vertex Pharmaceuticals for a number of months, seems to be less bullish one the $38.46 billion market cap company. Wealth Enhancement Advisory Ser Ltd Limited Liability Company, a Minnesota-based fund reported 5,716 shares. Retirement Systems Of Alabama invested 0.12% of its portfolio in Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX ). (more...)
American Electric Power (AEP) Stock Rating Lowered by Guggenheim
- January 05, 2018

Pennsylvania-based Riggs Asset Managment Communication has invested 0.03% in American Electric Power Company, Inc. The company was maintained on Monday, October 19 by SunTrust. Barclays Capital maintained the shares of BX in report on Tuesday, August 11 with "Overweight" rating. The company was maintained on Friday, September 8 by Morgan Stanley. (more...)
Slender Man: first poster, trailer imminent Slender Man: first poster, trailer imminent
- January 05, 2018

Oh, and by the looks of the trailer, it appears to be a pretty intense affair (a girl stabs her eyeball with a scalpel). It's unclear from the preview whether the movie will include any elements from the Wisconsin case, but in one scene a wall is covered with drawings of Slender Man , resembling sketches Morgan drew. (more...)
Iceland forces firms to prove men and women are paid equally Iceland forces firms to prove men and women are paid equally
- January 05, 2018

The system was in works since 2012 and in June past year the " Act on Equal Status and Equal Rights of Women and Men " was amended making it mandatory for organisation with 25 or more employees to get certified by a certification body confirming that the payroll system and its implementation comply with the requirements of the law. (more...)
Sprint Names New CFO, Third Exec To Exit In Recent Months Sprint Names New CFO, Third Exec To Exit In Recent Months
- January 05, 2018

Combes was ousted from Altice NV in November as the company sought to reassure investors after its shares dropped 30 percent within a week. As part of the agreement, Sprint will use Altice's broadband infrastructure to strengthen its nationwide network. (more...)
What's Real Worth Of Energy Transfer Partners, LP (ETP), CubeSmart (CUBE)
- January 05, 2018

It closed at $182 lastly. More interesting news about Energy Transfer Partners, L.P. ( NYSE : ETP ) were released by: Seekingalpha.com and their article: "How Safe Is The Dividend Of Energy Transfer Partners?" published on December 10, 2017 as well as Nasdaq.com's news article titled: "Energy Transfer Gets FERC Nod for Additional Rover Drilling" with publication date: December 18, 2017. (more...)
Worth Watching Stock International Business Machines Corporation (IBM)
- January 05, 2018

Full House Resorts, Inc. The Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since January 5, 2017 and is uptrending. Zacks Investment Research downgraded International Business Machines from a "hold" rating to a "sell" rating in a research report on Tuesday, December 19th. (more...)
Will Apple buy Netflix? Analysts predict a 40 percent chance Will Apple buy Netflix? Analysts predict a 40 percent chance
- January 05, 2018

This tax cut, coupled alongside a new bill that allows companies to repatriate cash stored in overseas accounts without a major tax hit, will essentially give Apple a fighting chance at putting their money to good use. To acquire Netflix, Apple would need about one-third of the cash it could repatriate to the USA, according to the authors of the note. It has recruited Reese Witherspoon and Jennifer Aniston to star in a drama about a television network, and Steven Spielberg will create an ... (more...)

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