Business


Solar thermal for Port Augusta Solar thermal for Port Augusta
- August 14, 2017

Peak Government load can reach 125 MW, but it is lower for most of the day and falls further outside of business hours. Weatherill said the plant would also improve grid security and stability. The Aurora CSP project will use mirrors, or heliostats, to concentrate sunlight onto a central receiver on top of a tower. Solar Reserve said the plant would be able to provide between eight and 10 hours of storage and had no requirement for gas or oil generated electricity as a backup. (more...)
Uber adds tipping and reduces cancellation time to two minutes in UK Uber adds tipping and reduces cancellation time to two minutes in UK
- August 14, 2017

Uber will allow United Kingdom users to leave a tip and will also fine passengers for keeping cabs waiting, as it bids to take the sting out of a long-running dispute with drivers over labour rights. The move comes ahead of an appeal from Uber against an employment tribunal that its drivers should be considered workers and entitled to certain rights, like the minimum wage and holiday pay. (more...)
Sean Maguire handed Republic of Ireland call-up Sean Maguire handed Republic of Ireland call-up
- August 14, 2017

The former Cork City striker has been touted for a call-up in recent months after showing excellent form in the League of Ireland with his 20 goals seeing him top the scoring charts and earn a move to The Championship. "It's the tough end now". The Kilkenny striker , who has just signed for Preston North End, earned his first call-up to the Republic of Ireland's senior men's squad for the games away to Georgia and at home to Serbia. (more...)
Wall St stock rally could be derailed by US-N Korea tension
- August 14, 2017

The tech-heavy Nasdaq composite bore the brunt of the sell-off, losing 135.46 points, or 2.1 percent, to 6,216.87. Read:Few investors are excited about stocks. Investors will keenly watch appearances later on Friday by Dallas Fed boss Robert Kaplan and Minneapolis Fed President Neel Kashkari for clues on inflation and the future path of rate hikes. (more...)
Brokers Issue New Targets On Semiconductor Manufacturing International Corporation (NYSE:SMI) Brokers Issue New Targets On Semiconductor Manufacturing International Corporation (NYSE:SMI)
- August 14, 2017

Additionally, higher synergies from the Fairchild acquisition along with improving operating leverage will boost profitability. The Company's main products are various types of wafers. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . The Firm is also involved in the design and manufacture of semiconductor masks. (more...)
Asia stocks, US$ extend slide as US-North Korea tensions intensify Asia stocks, US$ extend slide as US-North Korea tensions intensify
- August 14, 2017

Australian shares were down 1.3 percent, set for a weekly loss of 0.6 percent and Chinese and Hong Kong bluechips lost 1.6 percent and 1.9 per cent respectively. "Hard to assess political risk is now intruding on this scenario". In currencies, the yen strengthened 0.64 percent versus the greenback at 109.37 per dollar. (more...)
DCP Midstream Partners, LP Plans Quarterly Dividend of $0.78 (NYSE:DCP) DCP Midstream Partners, LP Plans Quarterly Dividend of $0.78 (NYSE:DCP)
- August 14, 2017

Separately, US Capital Advisors raised DCP Midstream Partners, from a "hold" rating to an "overweight" rating in a research report on Wednesday, May 24th. Renaissance Technologies LLC boosted its position in Martin Midstream Partners L.P.by 134.3% in the fourth quarter. The company's stock had a trading volume of 366,306 shares. (more...)
Brooks Automation, Inc. (NASDAQ:BRKS) Short Interest Up 33.1% in July
- August 14, 2017

Also, the number of institutional investors holding Brooks Automation Inc in their top 10 holdings was flat from 1 to 1 for the same number. The stock had a trading volume of 443,768 shares. Susquehanna Interest Gp Limited Liability Partnership holds 0% or 155,403 shares in its portfolio. Bancorp Of America De holds 0% or 224,231 shares. Panagora Asset has 0% invested in Brooks Automation , Inc (NASDAQ:BRKS) for 17,576 shares. (more...)
Telit boss Oozi Cats has stepped down after fraud allegations Telit boss Oozi Cats has stepped down after fraud allegations
- August 14, 2017

The probe came following reports last week that a man of a similar name - Uzi Katz - had been accused of wire fraud in Boston. The board said that it was "a source of considerable anger " that it's learning only now of the indictment of Cats, through third parties. (more...)
Royal Caribbean Cruises Ltd. (RCL) Now Covered by Bank of America Corporation Royal Caribbean Cruises Ltd. (RCL) Now Covered by Bank of America Corporation
- August 14, 2017

The total value of its holdings increased 16.8%. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.19 billion. State Street Corp now owns 7,057,591 shares of the company's stock worth $692,420,000 after buying an additional 223,444 shares during the last quarter. (more...)
IAMGOLD Corp (IMG) Receives C$7.61 Consensus Target Price from Brokerages IAMGOLD Corp (IMG) Receives C$7.61 Consensus Target Price from Brokerages
- August 14, 2017

IAG has been the subject of several other research reports. Finally, CIBC boosted their price target on shares of IAMGOLD Corp from C$5.00 to C$5.75 in a research note on Wednesday, June 7th. Next quarter's EPS is forecasted at $0.01 and the next full year EPS is projected to be $0.06. The firm's revenue was up 18.1% on a year-over-year basis. (more...)
Extreme Networks, Inc (EXTR) to Release Earnings on Monday
- August 14, 2017

The stock of Extreme Networks , Inc (NASDAQ:EXTR) earned "Buy" rating by Wunderlich on Thursday, September 10. Needham & Company LLC restated a "buy" rating and issued a $12.50 target price (up previously from $9.50) on shares of Extreme Networks in a report on Friday, June 2nd. (more...)
Inphi Corporation (NYSE:IPHI) Set to Announce Earnings on Monday
- August 14, 2017

Inphi Corporation now has $1.64B valuation. The company trades on average around 127000 shares per market session. The stock of Inphi Corporation (NYSE: IPHI ) has "Overweight" rating given on Tuesday, August 30 by JP Morgan. The rating was maintained by William Blair with "Underperform" on Wednesday, August 5. Barclays Capital maintained Sprint Corp (NYSE:S) on Tuesday, July 26 with "Equal-Weight" rating. (more...)
Standard Life and Aberdeen Asset complete £11bn merger Standard Life and Aberdeen Asset complete £11bn merger
- August 14, 2017

Standard Life Aberdeen has confirmed the make up of its new board including several resignations. He said: "We know what needs to be done in the months and years ahead and we are confident Standard Life Aberdeen will play a leading role in meeting these challenges". (more...)
United Kingdom pay growth predicted to remain tepid over next year United Kingdom pay growth predicted to remain tepid over next year
- August 14, 2017

The CIPD's quarterly Labour Market Survey of employers, carried out in association with the Adecco Group, said the workforce had been boosted by more workers from other European Union countries, as well as by older workers and former welfare claimants. (more...)
BT Group plc (BT.A) Insider Sean Williams Sells 18945 Shares BT Group plc (BT.A) Insider Sean Williams Sells 18945 Shares
- August 14, 2017

Intertek Group PLC ( ITRK .L)'s Williams Percent Range or 14 day Williams %R now sits at -18.84. Separately, executive Jean-Michel Valette purchased 10,000 stocks of Intertek Group shares in a trade on early Fri, Aug 11th. UBS AG set a GBX 3,350 ($43.63) target price on shares of London Stock Exchange Group Plc and gave the company a "neutral" rating in a research report on Wednesday, June 14th. (more...)
Wall Street set to open lower on simmering N.Korea tensions Wall Street set to open lower on simmering N.Korea tensions
- August 14, 2017

By 3.08pm, the FTSE 100 had fallen by 121 points or 1.6% and was on track for its worst day since April, also pressured by losses in the commodity sector and disappointing British export figures. While North Korea often threatens to attack the USA, the revelation of this plan was unusual. "We see many of our new enquiries and clients using the opportunity to protect themselves against an uncertain future, especially given the unpredictability of both President Trump and Kim Jong-Un". (more...)
Lloyds Banking Group PLC (LYG) Downgraded by BidaskClub to Strong Sell Lloyds Banking Group PLC (LYG) Downgraded by BidaskClub to Strong Sell
- August 14, 2017

Barclays PLC set a GBX 75 ($0.98) price target on shares of Lloyds Banking Group PLC and gave the stock a buy rating in a research note on Thursday, April 27th. The company also recently declared a None dividend, which will be paid on Tuesday, October 10th. Investors of record on Thursday, August 10th will be issued a GBX 1 ($0.01) dividend. (more...)
Military 'Locked And Loaded' If North Korea Missteps
- August 14, 2017

President Trump has taken a harsher stance against North Korea than his predecessor, Barack Obama, while Pyongyang has carried on ignoring sanctions and UN Security Council rulings against its nuclear weapons program. But Mr Pompeo denied that a threat of a nuclear conflict was imminent, saying: "I've heard folks talking about being on the cusp of a nuclear war". (more...)
JB Hi-Fi, The Good Guys ahead of synergy target JB Hi-Fi, The Good Guys ahead of synergy target
- August 14, 2017

The net result beat consensus forecasts of around $206.8 million and exceeded the company's guidance for an underlying net profit between $200 million and $206 million. For the whitegoods retailer The Good Guys, acquired in November, total sales were up 0.2% to $1.26 billion with comparable sales down 1.3%. The New Zealand business was down slightly, with revenue dipping 0.3 percent to $234 million. (more...)
One dies as vehicle coming towards Kochi catches fire One dies as vehicle coming towards Kochi catches fire
- August 14, 2017

A youth met with tragic death after the vehicle in which he was travelling with his family caught fire. Seeing thick smoke and flames emitting from the front portion of the vehicle, Mr. His wife and a few passers-by could not approach the vehicle due to the blaze, the police said. Fire and rescue service personnel removed the charred body from the auto. (more...)
Canadian Imperial Bank of Commerce
- August 14, 2017

It closed at $108.5 lastly. Koch Industries Inc. acquired a new position in Canadian Imperial Bank of Commerce during the first quarter valued at $207,000. Therefore 17% are positive. Canadian Imperial Bank of Commerce's dividend payout ratio is presently 41.18%. Shares of Canadian Imperial Bank of Commerce ( NYSE CM ) traded up 0.25% on Tuesday, reaching $84.16. (more...)
Stocks fall as tensions with North Korea escalate Stocks fall as tensions with North Korea escalate
- August 14, 2017

A Chinese state-run newspaper said on Friday that China should make clear that it will stay neutral if North Korea launches an attack that threatens the United States , but that if the USA attacks first and tries to overthrow North Korea's government, China will prevent it doing so. (more...)
Bombay High Court puts up Sahara's Aamby Valley for public auction Bombay High Court puts up Sahara's Aamby Valley for public auction
- August 14, 2017

The Aamby Valley property is spread over an area of 6,761.64 acres. The prime property is worth more than Rs 39,000 crore. The valuation of most of Sahara's properties were expected to take a hit due to a hurry in getting the deals closed within a short time. (more...)
Sensex Rises 230 Points In Early Trade; Nifty Nears 9800 Sensex Rises 230 Points In Early Trade; Nifty Nears 9800
- August 14, 2017

The big gainers that supported the recovery in the key indices were Adani Ports , Cipla, Tata Steel, Hero MotoCorp, Reliance Industries, M&M, Maruti Suzuki, Coal India , Power Grid, Tata Motors, ICICI Bank, Axis Bank and NTPC, rising up to 4.30 percent. (more...)
India's retail inflation picking up in July, first time in four months India's retail inflation picking up in July, first time in four months
- August 14, 2017

Wholesale food prices in July rose 2.12% on year, compared with a 1.25% fall a month earlier. India's consumer inflation is expected to have picked up in July after easing for three straight months, with food prices back on the rise, but is expected to remain well below the central bank's target. (more...)
Wet July keeps shoppers at bay as footfall dips 1.1% Wet July keeps shoppers at bay as footfall dips 1.1%
- August 14, 2017

United Kingdom high streets were the hardest hit of the retail destinations analysed by Springboard, with footfall down by 2.1 per cent. In previous months, footfall in the evenings had propped up the overall figures. From a regional perspective the East and South East were the only two regions that saw footfall growth in July , with the fastest growth in the East, which has now seen eight months of consecutive footfall growth. (more...)
President Moon To Meet Top US Military Officer Monday
- August 14, 2017

South Korea's defense minister and the military chief are set to meet with the chairman of the US Joint Chiefs of Staff on Monday amid escalating tensions over North Korea's nuclear and missile threats, officials said. would no longer adopt a posture of "strategic patience", in dealing with Pyongyang. New U.N. sanctions condemning North Korea's rapidly developing nuclear program drew fresh ire and threats from the North. (more...)
Century Aluminum Company (NASDAQ:CENX) Receives An Update From Brokers
- August 14, 2017

Cowen & Co has "Market Perform" rating and $8 target. BMO Capital Markets maintained the stock with "Hold" rating in Friday, May 26 report. With all other things going on, Century Aluminum Company (NASDAQ: CENX ) has been on a run - rising 5.85 percent in just three months. (more...)
Amazon offering refunds for bogus eclipse glasses Amazon offering refunds for bogus eclipse glasses
- August 14, 2017

Did you buy a low-priced pair of eclipse glasses hoping to watch the August 21st solar eclipse without spending a fortune? The public is encouraged to come and learn about the Solar Eclipse that will take place on August 21, and how to view the eclipse safely. (more...)