Business


Los Angeles Times sold to billionaire for $500 million Los Angeles Times sold to billionaire for $500 million
- February 08, 2018

Dr Soon-Shiong‚ who was born to Chinese parents and studied at the University of the Witwatersrand‚ paid $500-million for the titles and also took on $90-million in pension liabilities from publishing group Tronc. If nothing else, the break from corporate owners in Chicago represents a return to local control, which was applauded in the Times newsroom Tuesday when news of the pending sale broke. (more...)
Barclays Trims Valero Energy Partners (VLP) Target Price to $47.00 Barclays Trims Valero Energy Partners (VLP) Target Price to $47.00
- February 08, 2018

During the same quarter previous year, the company earned $0.81 earnings per share. In terms of relative volume, these shares are trading at 1.33x their normal volume. The rating was maintained by RBC Capital Markets with "Buy" on Tuesday, January 16. The stock has "Hold" rating by J.P. Morgan on Friday, October 6. The rating was downgraded by Macquarie Research on Tuesday, October 24 to "Neutral". (more...)
Manning & Napier Advisors LLC Grows Holdings in McDonald's Co. (NYSE:MCD)
- February 08, 2018

It has outperformed by 1.55% the S&P500. Ubs Oconnor Llc decreased Vulcan M (VMC) stake by 4.18% reported in 2017Q3 SEC filing. Insiders have sold 207,550 shares of company stock valued at $35,118,055 in the last three months. Huntington National Bank's holdings in McDonald's Corporation were worth $33,064,000 at the end of the most recent reporting period. Bernstein maintained the shares of MCD in report on Thursday, May 25 with "Outperform" rating. (more...)
$1.58 EPS Expected for Martin Marietta Materials, Inc. (MLM)
- February 08, 2018

It has outperformed by 2.77% the S&P500. LLC bought a new position in shares of Martin Marietta Materials in the 3rd quarter worth about $152,000. Sun Life Financial INC boosted its holdings in shares of Martin Marietta Materials by 6,442.9% during the second quarter. (more...)
TalkTalk cuts dividend to fund United Kingdom full-fibre roll-out TalkTalk cuts dividend to fund United Kingdom full-fibre roll-out
- February 08, 2018

British broadband provider TalkTalk (TALK.L) will cut its dividend and raise up to 200 million pounds ($278 million) to strengthen the balance sheet and fund the build of a new full-fiber network. It has also chose to temporarily reduce the dividend to 2.5 pence per annum to fund continued investment in growth and its share of the full-fibre investment. (more...)
Cypress Semiconductor Corporation (CY) - Investors Must See
- February 08, 2018

The relative volume of the stock is 1.81. Cypress Semiconductor Corporation is a part of Technology sector and belongs to Semiconductor - Broad Line industry. The firm had revenue of $597.54 million during the quarter, compared to the consensus estimate of $593.15 million. Cypress Semiconductor had a negative net margin of 4.02% and a positive return on equity of 12.48%. (more...)
Pence won't rule out North Korea meeting, will 'see what happens' Pence won't rule out North Korea meeting, will 'see what happens'
- February 08, 2018

Abe said, "We can never accept a nuclear-armed North Korea", warning against North Korea's "charm offensive" surrounding the PyeongChang Olympics. Even as the missiles were rolling by his viewing stand, South Korean officials announced that Kim's younger sister, due to attend Friday's opening ceremony, will have a luncheon with South Korean President Moon Jae-in. (more...)
Supreme Court allows liquidator to sell Sahara's Aamby Valley property in parcels Supreme Court allows liquidator to sell Sahara's Aamby Valley property in parcels
- February 08, 2018

The Supreme Court on Wednesday allowed Bombay High Court - the official liquidator of Sahara's Aamby Valley - to sell the property in parcels since there were no takers for the land as a whole. The apex court granted permission for survey of the properties and appointment of an architect for valuation of parts of Aamby Valley that includes an worldwide school, golf course, aerodrome and water sports areas which are to be sold separately. (more...)
What does the Dow drop mean for you? What does the Dow drop mean for you?
- February 08, 2018

In the last five days, the Dow is down 8 percent and the market drop has wiped out over a trillion dollars in value. That was the average's sixth-worst drop ever, and it sparked all sorts of apocalyptic headlines and made investors nervous that an all-out stock market crash could be imminent. (more...)
Home loans taken prior to April 2016 may become cheaper Home loans taken prior to April 2016 may become cheaper
- February 08, 2018

Old home loans are likely to become cheaper with the RBI asking banks to link from April 1 the base rate with MCLR, which is more sensitive to policy rate signals. From April 1, base rate will be linked to MCLR and they will move in tandem. The bank has raised MCLR for six months, one year and two years to 8 percent, 8.20 percent and 8.30 percent, respectively. (more...)
Hecla Mining (HL) Set to Announce Earnings on Thursday
- February 08, 2018

About 118,092 shares traded. Hecla Mining Company (NYSE:HL) has risen 41.69% since February 5, 2017 and is uptrending. It has underperformed by 35.32% the S&P500. American Century Cos reported 0% of its portfolio in Hecla Mining Company (NYSE:HL). Investors sentiment decreased to 1.03 in Q3 2017. BG has a 1-week performance of 0.04%. (more...)
Karan Johar's twin kids Yash and Roohi look adorable - See Pics Karan Johar's twin kids Yash and Roohi look adorable - See Pics
- February 08, 2018

Kareena Kapoor Khan arrived with son Taimur and Shah Rukh Khan visited the party with his youngest son AbRam. Earlier a source told DNA that Karan Johar had also invited Misha Kapoor (daughter of Shahid Kapoor and Mira Rajput) and Tusshar Kapoor's son Laksshya to the party. (more...)
China's exports remain strong in January as imports grow 30pc China's exports remain strong in January as imports grow 30pc
- February 08, 2018

Russia, the nation's top oil supplier a year ago, also ramped up exports through its expanded Siberian pipeline last month. China's exports grew more-than-expected on global demand at the start of the year, and imports surged as factories lifted stocks ahead of the holidays, data from the General Administration of Customs revealed Thursday. (more...)
Investment Seeking Stocks- Microchip Technology Incorporated (NASDAQ:MCHP) Investment Seeking Stocks- Microchip Technology Incorporated (NASDAQ:MCHP)
- February 08, 2018

Fenimore Asset Management Inc who had been investing in Microchip Technology Incorpora for a number of months, seems to be less bullish one the $21.50B market cap company. Moreover, Cutler Capital Management Llc has 0.1% invested in the company for 12,786 shares. Jefferies Grp Ltd Limited Liability Company invested 0.04% in Microchip Technology Incorporated (NASDAQ: MCHP ). (more...)
RICS January Survey suggests lack of market momentum RICS January Survey suggests lack of market momentum
- February 08, 2018

Similarly, newly agreed sales also slipped, extending the run of negative readings back to last March. Northern Ireland's housing market is poised to outperform the rest of the United Kingdom for the next few months with rising prices and increased demand from potential buyers, according to a survey today. (more...)
Acadia Realty Trust (AKR) Lower -15.38% Over the Last Month — Stock Focus Acadia Realty Trust (AKR) Lower -15.38% Over the Last Month — Stock Focus
- February 08, 2018

Amalgamated Bank increased its position in shares of Physicians Realty Trust by 4.7% during the 1st quarter. (NYSE:FR) has seen its stock price gain 2.79, or -8.87%, so far in 2017. The rating was maintained by Seaport Global with "Buy" on Friday, April 28. The total amount of shares outstanding is 120.72 million, giving the company a market capitalization of about 3.46 billion. (more...)
Baxter International Inc. (BAX)
- February 08, 2018

Keybank Association Oh has 0.03% invested in Baxter International Inc . The stock decreased 4.42% or $3.03 during the last trading session, reaching $65.52. Since December 15, 2017, it had 0 insider buys, and 1 sale for $149,848 activity. (NYSE:BAX) shares were sold by Accogli Giuseppe . The stock of Baxter International Inc. (more...)
Snap Earnings Beats Big on Earnings Snap Earnings Beats Big on Earnings
- February 08, 2018

Our advertising business changed profoundly over the past year as we migrated the sale of our Snap Ads to an automated auction. Rhumbline Advisers purchased a new position in shares of Snap during the 2nd quarter valued at $331,000. The amount of money it made from small and medium-sized advertisers more than doubled from Q3 2017 to Q4 2017. They need max engagement, and highly targeted advertising. (more...)
U.S. branch of Dutch Rabobank pleas guilty over drug-tied transactions U.S. branch of Dutch Rabobank pleas guilty over drug-tied transactions
- February 08, 2018

Rabobank said last month that the subsidiary would likely acknowledge that employees hid information from regulators almost five years ago. "When Rabobank learned that substantial numbers of its customers' transactions were indicative of global narcotics trafficking, organized crime, and money laundering activities, it chose to look the other way and to cover up deficiencies in its anti-money laundering program", said Acting Assistant Attorney General Cronan in the press release. (more...)
Sensex, Nifty Set To Rebound As Oil Prices Plunge Sensex, Nifty Set To Rebound As Oil Prices Plunge
- February 08, 2018

In terms of volume, TCS was the top stock with turnover worth Rs 174.17 crore. Market breadth was positive with 1,231 advances against 311 declines. The German DAX rallied 1.6 percent, France's CAC 40 index advanced 1.8 percent and the U.K.'s FTSE 100 added 1.9 percent. Australia's S&P/ASX 200 was flat at 5,876.30. (more...)
Is Trump to blame for the stock market dive? Is Trump to blame for the stock market dive?
- February 08, 2018

Some economists have pointed to the signing into the law of the Tax Cuts and Jobs Act late a year ago as being in part responsible for the recent market plunge. Companies typically accelerate their investments when they foresee an improving economy. While this did produce an economic recovery, it did so at the long-run cost of seriously distorting financial market asset prices, thereby setting up the stage for the next economic bust. (more...)
What Is Driving Tesla Earnings What Is Driving Tesla Earnings
- February 08, 2018

Ontario Teachers Pension Plan Board holds 33,453 shares. Cowen restated a sell rating on shares of Tesla in a research note on Friday, January 19th. Tesla updated today the delivery window of many Model 3 reservation holders in the USA - resulting in delays for many and a confirmation Model 3 will be available with a dual motor powertrain before the standard battery pack. (more...)
$0.92 EPS Expected for Duke Energy Corporation (DUK)
- February 08, 2018

WeedMD Inc. (OTCMKTS:WDDMF) has 0.00% since February 7, 2017 and is. Deerfield Management Company decreased Mckesson Corp (Call) (MCK) stake by 86.3% reported in 2017Q3 SEC filing. (NASDAQ:AAPL) on Monday, August 21 with "Hold" rating. About 2.03M shares traded. It also reduced Intercept Pharmaceuticals In (NASDAQ:ICPT) stake by 64,021 shares and now owns 24,648 shares. (more...)
H & R Block (HRB) Rating Lowered to Hold at ValuEngine
- February 08, 2018

The firm has "Sell" rating by BTIG Research given on Wednesday, June 14. BLACKROCK INC. raised its stake in H&R Block, Inc. The stock has "Neutral" rating by Credit Suisse on Monday, September 26. (NYSE:SRC) for 16,769 shares. Toronto Dominion Bancshares owns 79,222 shares or 0.01% of their USA portfolio. Barclays Public Ltd Liability Company invested in 0.01% or 370,096 shares. (more...)
Shares Of MACOM Technology Solutions Holdings, Inc. (MTSI) sold By CROTEAU JOHN
- February 08, 2018

Vanguard Group Inc is the second biggest holder with 4 million shares now valued at 160.55 million whilst Wellington Management Company LLP has 4 million shares valued at 158.22 million. Shares for $777,582 were sold by Crouch Andrew on Tuesday, October 3. $8,833 worth of MACOM Technology Solutions Holdings , Inc. (NYSE:ZAYO) shares with value of $387,096 were sold by Waters John F Jr. (more...)
Tesla's losses expected to grow on Model 3 delays Tesla's losses expected to grow on Model 3 delays
- February 08, 2018

Despite the competitive environment, Tesla's stock has soared 35 percent in the previous year, making the company the second-most valuable USA automaker, with a market capitalisation of $56.1 billion, just behind General Motors Co, which had net revenue of $145.6 billion in 2017. (more...)
Kimco Realty Corporation (NYSE:KIM) Pressured Under Trend Lines
- February 08, 2018

The stock decreased 1.18% or $0.59 during the last trading session, reaching $49.48. About 600,254 shares traded or 89.50% up from the average. It has underperformed by 3.03% the S&P500. RBC Capital Markets maintained Kimco Realty Corporation (NYSE:KIM) on Monday, June 19 with "Buy" rating. Investors sentiment increased to 3.55 in Q3 2017. (more...)
Tesla targets 2500 Model 3s a week while posting largest quarterly loss Tesla targets 2500 Model 3s a week while posting largest quarterly loss
- February 08, 2018

The company released its Q4 2017 result on Wednesday night in the U.S., reporting negative free cash flow of $276.8 million - the lowest in more than a year - and $675 million in losses attributable to shareholders; notching up nearly $2 billion in losses for the whole year. (more...)
RBNZ in 'Central Bank Nirvana' Even as Inflation Undershoots RBNZ in 'Central Bank Nirvana' Even as Inflation Undershoots
- February 08, 2018

Spencer said wild stock market swings around the globe on worries about rising inflation and higher rates had not changed the RBNZ's forecasts as it had largely been confined to equity markets for now. The Reserve Bank noted the New Zealand dollar is higher than it forecast in November "due in large part to a weak United States dollar". The trade-weighted index declined to 74.01 from 74.79 yesterday. (more...)
UnitedHealth Group Inc (UNH) Shares Sold by Hanseatic Management Services Inc UnitedHealth Group Inc (UNH) Shares Sold by Hanseatic Management Services Inc
- February 08, 2018

Kessler Investment Group Llc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $65.48B market cap company. Cantor Fitzgerald lifted their price target on UnitedHealth Group to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, October 18th. (more...)

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