Business


Amazon Prime Video secures United Kingdom contract for ATP World Tour from 2019 Amazon Prime Video secures United Kingdom contract for ATP World Tour from 2019
- August 01, 2017

The deal includes ATP World Tour Masters 1000 and Masters 500 events, which are hosted in places like Monte Carlo, Madrid, Paris, Miami, Indian Wells and Shanghai. Looking forward, we enter the final quarter of our fiscal year in good shape. This July, Sky UK governance reported that its group annual operating profits had decreased by £87 million to £1.46 billion , due to maintaining costly English Premier League football rights. (more...)
Under Armour to cut 280 jobs in restructuring Under Armour to cut 280 jobs in restructuring
- August 01, 2017

Its revenue rose only 8.7 percent to $1.09 billion in the June quarter, continuing a recent trend of dramatically slowing growth. Of that, wholesale revenue was $655 million, a 3% jump from Q2 a year ago, and direct-to-consumer revenue rose 20% to $386 million. (more...)
Which Analysts Are Watching Cabot Oil & Gas Corporation (NYSE:COG)? Which Analysts Are Watching Cabot Oil & Gas Corporation (NYSE:COG)?
- August 01, 2017

It has underperformed by 14.27% the S&P500. Agf Investments Inc decreased Paychex Inc. Agf Investments Inc sold 28,912 shares as Paychex Inc. Now we see the performance from the period beginning the first day of the current calendar or fiscal year up to the current date. (more...)
Continental Building Products, (NYSE:CBPX) Sees Unusual Trading Volume in Its Shares
- August 01, 2017

It has underperformed by 3.14% the S&P500. Richard Mcguire decreased its stake in Continental Bldg Prods Inc ( CBPX ) by 35.43% based on its latest 2016Q4 regulatory filing with the SEC. Continental Building Products reported sales of $117.12 million in the same quarter last year, which indicates a positive year over year growth rate of 8.6%. (more...)
Office Depot (NASDAQ:ODP) Receives Media Impact Rating of 0.04
- August 01, 2017

The stock declined 0.01% or $0.01 reaching $70.42 per share. It has underperformed by 29.20% the S&P500. Despite possible efforts to acquire Staples, Inc .'s retail division, Office Depot has been slimming down its own business lately . (more...)
Earnings at the Forefront For Alliance Holdings GP, LP
- August 01, 2017

Alliance Holdings GP, L.P. has higher revenue and earnings than Cloud Peak Energy. The biggest institutional shareholders in Alliance Holdings GP, L.P. Investors are on alert as Alliance Holdings GP, L.P. (NASDAQ: AHGP)'s stock is experiencing unusual volume during today's trading. Renaissance Technologies LLC now owns 77,655 shares of the energy company's stock worth $2,182,000 after buying an additional 54,355 shares during the period. (more...)
BlackRock Inc. Purchases 8214276 Shares of Antero Resources Corporation (NYSE:AR)
- August 01, 2017

The Firm is a well-known provider of home health, hospice and personal care services. After $0.69 actual EPS reported by Range Resources Corp. for the previous quarter, Wall Street now forecasts -120.29% negative EPS growth. (NYSE:RRC). Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0.01% of its portfolio in Range Resources Corp. (NYSE:RRC) or 839,778 shares. (more...)
Hutchison offloads its fixed-line business to I Squared for £1.4bn Hutchison offloads its fixed-line business to I Squared for £1.4bn
- August 01, 2017

According to a Reuters report, private equity firms including a consortium comprising TPG Capital and South Korean billionaire Michael Kim's MBK Partners had also submitted bids earlier this month, but withdrew from the bidding war over concerns related to potential anti-trust regulatory issues. (more...)
New Analyst Ratings On The Goodyear Tire & Rubber Company (NASDAQ:GT) New Analyst Ratings On The Goodyear Tire & Rubber Company (NASDAQ:GT)
- August 01, 2017

Capstone Asset Management Co. bought a new stake in Cooper Tire & Rubber during the first quarter worth about $318,000. Financial Architects Inc now owns 3,546 shares of the company's stock valued at $124,000 after buying an additional 75 shares during the period. (more...)
First Heartland Consultants Inc. Has $1197000 Position in Unisys Corporation (UIS)
- August 01, 2017

Kennedy Capital Management Inc. now owns 696,729 shares of the information technology services provider's stock valued at $9,719,000 after buying an additional 523,430 shares during the period. Separately, BidaskClub lowered Unisys Corporation from a "buy" rating to a "hold" rating in a report on Tuesday, July 25th. In other news, Director Alison Davis sold 10,639 shares of the company's stock in a transaction dated Friday, June 2nd. (more...)
Bollard Group LLC Has $5.15 Million Stake in TransCanada Corporation (TRP) Bollard Group LLC Has $5.15 Million Stake in TransCanada Corporation (TRP)
- August 01, 2017

These funds have also shifted positions in ( TRP ). Candriam Luxembourg S.C.A. boosted its stake in TransCanada Corporation by 14.4% in the first quarter. TransCanada Corporation's payout ratio is now 362.75%. ILLEGAL ACTIVITY NOTICE: This report was first posted by Transcript Daily and is the property of of Transcript Daily. (more...)
Ares Commercial Real Estate Corp (ACRE) Analysts See $0.24 EPS
- August 01, 2017

About 38,292 shares traded. It has underperformed by 25.94% the S&P500. Finance Inc (NYSE:ARI) news were published by: Reuters.com which released: "BRIEF-Apollo Commercial Real Estate announces redemption of 8.625% series A ..." on July 03, 2017, also Businesswire.com with their article: "Apollo Commercial Real Estate Finance, Inc". (more...)
K2M Group Holdings, Inc
- August 01, 2017

Peregrine Capital Management LLC controls 948,166 shares valued at $23,097,000. The stock was sold at an average price of $22.80, for a total transaction of $979,191.60. Return on equity reveals how much profit a company earned in comparison to the total amount of shareholder equity found on the balance sheet. Currently, the stock carries a price to earnings ratio of 40.47, a price to book ratio of 1.77, and a price to sales ratio of 3.72. (more...)
Brokerages Set Scripps Networks Interactive, Inc (NASDAQ:SNI) Target Price at $79.30 Brokerages Set Scripps Networks Interactive, Inc (NASDAQ:SNI) Target Price at $79.30
- August 01, 2017

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WINTON GROUP Ltd raised its position in Scripps Networks Interactive by 114.5% in the first quarter. It closed at $87.41 lastly. It has underperformed by 16.38% the S&P500. Analysts await Scripps Networks Interactive, Inc. (NASDAQ:SNI) to report earnings on August, 9 before the open. (more...)
Gujarat Congress MLAs are locked up at resort near Bengaluru Gujarat Congress MLAs are locked up at resort near Bengaluru
- August 01, 2017

Chief minister Rupani is camping in flood-affected districts of northern Gujarat since Sunday. After interacting with the locals in Kankrej taluka and other affected regions, Rupani chose to stay in Banaskantha and Patan for the next five days to oversee the relief operations, a Government release said . (more...)
After Nitish, now AIADMK likely to join Modi-led NDA government After Nitish, now AIADMK likely to join Modi-led NDA government
- August 01, 2017

Even as he publicly reached out to potential voters with promises of central aid, behind-the-curtain attempts were being made to unite the two warring factions of the AIADMK - led by chief minister EK Palanisamy and O Panneerselvam - under an ever-expanding NDA umbrella. (more...)
Japan Tariff Increase Could Increase Trade Deficit Japan Tariff Increase Could Increase Trade Deficit
- August 01, 2017

Exports of chilled beef from the United States to Japan totaled 57,970 tonnes during that period and frozen beef exports were 44,760 tonnes - valued at $414.4 million and $166.7 million, respectively, according to U.S. The implications for USA beef exports are significant because US frozen beef now faces an even bigger tariff disadvantage against Australian beef. Mr Uden said: "We're very disappointed to learn that the tariff on frozen beef imports to Japan will increase from 38.5 per cent ... (more...)
Symrise AG (FRA:SY1) Given a €64.00 Price Target at Commerzbank Ag Symrise AG (FRA:SY1) Given a €64.00 Price Target at Commerzbank Ag
- August 01, 2017

Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and fourteen have assigned a buy recommendation to the company. Several equities analysts have commented on the company. Deutsche Bank AG (FRA: DBK ) has been assigned a €17.00 ($19.77) price objective by J P Morgan Chase & Co in a research report issued on Monday. (more...)
US tests missile-defense system over Pacific Ocean US tests missile-defense system over Pacific Ocean
- August 01, 2017

The test comes just days after North Korea successfully launched a ballistic missile into the territorial waters of Japan , causing both worldwide outrage and fear that the leaders of the reclusive nation might be close to having a functional missile program. (more...)
The Cowen and Company Reiterates Outperform Rating for Celgene Corporation (CELG) The Cowen and Company Reiterates Outperform Rating for Celgene Corporation (CELG)
- August 01, 2017

It has outperformed by 0.30% the S&P500. One analyst has rated the stock with a sell rating, six have given a hold rating and twenty-three have assigned a buy rating to the stock. It also increased its holding in Silver Wheaton Corp (NYSE:SLW) by 2.19M shares in the quarter, for a total of 13.33M shares, and has risen its stake in Newmont Mining Corp (NYSE:NEM). (more...)
Morgan Stanley Lowers Scana Corporation (SCG) Price Target to $67.00 Morgan Stanley Lowers Scana Corporation (SCG) Price Target to $67.00
- August 01, 2017

On Tuesday, June 14 the stock rating was maintained by Mizuho with "Buy". Zacks Investment Research has downgraded SCANA Corporation (NYSE:SCG) to Sell in a statement released on Wednesday July 12, 2017. Next Fincl Grp Incorporated Incorporated invested 0% in SCANA Corporation (NYSE:SCG). Great West Life Assurance Can owns 301,446 shares. Over the past twelve months, SCANA Corporation (NYSE:SCG)'s stock was -16.36%. (more...)
Frontier Communications Corporation (NASDAQ:FTR) Scheduled to Post Earnings on Tuesday
- August 01, 2017

Old West Investment Management Llc decreased its stake in Goldcorp Inc New (GG) by 43.3% based on its latest 2016Q4 regulatory filing with the SEC. On the other end, a stock with a score from 0-2 would be viewed as weak. Hsbc Public Limited Company holds 14,681 shares. Argyle reported 0.29% in Frontier Communications Corp (NASDAQ:FTR). Tudor Invest Et Al stated it has 39,702 shares. (more...)
Twenty-First Century Fox Inc (FOXA) Analysts See $0.36 EPS
- August 01, 2017

It has outperformed by 78.43% the S&P500. The Return on Equity ratio of Twenty-First Century Fox , Inc. Any way you dice it, a dip below $28.97 a share would be very bad news for FOXA's technical picture in the near-term. The Firm is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. (more...)
Charter Communications, Inc. (NASDAQ:CHTR) Rating Reiterated by Wells Fargo & Company Charter Communications, Inc. (NASDAQ:CHTR) Rating Reiterated by Wells Fargo & Company
- August 01, 2017

Wells Fargo & Company's price target points to a potential downside of 5.08% from the company's current price. This target is based on CHTR trading at 10X'18 EBITDA (adding back NPV of NOL) and 20X '18 FCF vs. "(CHTR) Target Price at $335.91" was first published by BNB Daily and is the property of of BNB Daily. If you are reading this news story on another website, it was stolen and reposted in violation of USA and worldwide copyright & trademark laws. (more...)
Safeway returns as Morrisons resurrects brand following McColl's deal Safeway returns as Morrisons resurrects brand following McColl's deal
- August 01, 2017

Morrisons , the UK's fourth-largest grocer, said today (1 August) it will relaunch Safeway own-label products through a wholesale deal to supply local convenience retailer McColl's. The new partnership will replace all McColl's existing supply arrangements in time. "Wholesale supply will help make us a broader, stronger business", Morrisons Chief Executive David Potts said. (more...)
Dow Jones closes at record high amid strong earnings data Dow Jones closes at record high amid strong earnings data
- August 01, 2017

Of the almost 300 companies in the S&P 500 that have reported results thus far, more than three-fourths have bested earnings expectations, according to Wells Fargo Advisors. In economic news, pending home sales rose 1.5% in June. Oil prices rose on Monday, putting July was on track to become the strongest month for the commodity this year. (more...)
Sprint Surges After It Returns to Profit in First Quarter Sprint Surges After It Returns to Profit in First Quarter
- August 01, 2017

The following week, Sprint's pre-paid arm, Virgin Mobile, said it would provide a year of service for $1 - and only sell iPhones. The company just recently had its efforts to merge with cable operator Charter Communications rebuffed, but squeezed out a quarterly profit amidst cost-cutting efforts. (more...)
Pfizer, Inc. (NYSE:PFE) Rating Reiterated by Jefferies Group LLC Pfizer, Inc. (NYSE:PFE) Rating Reiterated by Jefferies Group LLC
- August 01, 2017

A number of institutional investors have recently bought and sold shares of PFE . D Orazio & Associates Inc. raised its stake in shares of Pfizer by 0.5% in the fourth quarter. The business's revenue was down 1.7% compared to the same quarter a year ago. During the same period in the previous year, the company earned $0.67 earnings per share. (more...)
BP Turns To Replacement Cost Profit In Q2; Sales Climb BP Turns To Replacement Cost Profit In Q2; Sales Climb
- August 01, 2017

Meanwhile, first-half earnings in its downstream fuels marketing campaigns were up 20 per cent. The new oil flows due to begin in the second half should offset planned maintenance outages to keep production steady. BP said it expects to see global oil prices trading in a range of between $45 and $50 per barrel for the remainder of the year. Despite the sharp slowdown in the sector's activity since the slump in oil prices in 2014, BP is set to launch seven oil and gas projects in 2017 - the ... (more...)
Elon Musk Tweets That He's Bipolar, 'Maybe Not Medically'
- August 01, 2017

The 46-year-old billionaire described his life as having "unrelenting stress" and said that reality was full of "great highs, awful lows" when asked by a Twitter user if the ups and downs he has makes for a more enjoyable life. Musk has had his share of business failures, almost died from malaria in 2000 and has been divorced three times, added the report . The confession came in an exchange on Twitter, in the wake of the release of the Tesla Model 3 last Friday . (more...)

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