Business


You can now make a Game of Thrones cape thanks to IKEA
- August 16, 2017

Behind advertising agency SMFB Oslo, IKEA Norway even unveiled a user-friendly instruction guide on making your own Night's Watch cape. It seems she uses the shearling rugs for her Northern characters. We cut, we shaped them, we added strong leather straps. They then made them look worn through a breakdown process, which the costumer said is like a "religion" on Game of Thrones . (more...)
Amazon Seeks Private Debt To Fund $13.7B Whole Foods Deal Amazon Seeks Private Debt To Fund $13.7B Whole Foods Deal
- August 16, 2017

Amazon is expected to reduce prices at the iconic yet struggling high-end supermarket chain, which is trying to lure more low- and middle-income shoppers. "You get the chance to buy the category killer". Bank of America Merrill Lynch, Goldman Sachs and JPMorgan Chase are the lead underwriters of the deal, they said. (more...)
Chipotle Mexican Grill Inc Chipotle Mexican Grill Inc
- August 16, 2017

According to Zacks brokerage recommendations, Chipotle Mexican Grill , Inc. Chipotle Mexican Grill (NYSE: CMG ) last released its quarterly earnings results on Tuesday, July 25th. The company was maintained on Monday, April 18 by Barclays Capital. Maxim Group maintained it with "Sell" rating and $325 target in Wednesday, October 12 report. (more...)
Merck CEO resigns from President's council Merck CEO resigns from President's council
- August 16, 2017

The White House issued a statement insisting Trump was condemning "all forms of violence, bigotry and hatred, and of course that includes white supremacists, KKK, neo-Nazi, and all extremist groups". At first, Tesla and SpaceX CEO Elon Musk defended his roles on Trump's manufacturing and economic advisory councils. One woman was killed when one of the demonstrators rammed a auto into a group of counter-protesters. (more...)
Cowen and Company Reiterates Outperform Rating for Gilead Sciences, Inc. (GILD)
- August 16, 2017

Waters Parkerson Ltd Limited Liability Company owns 6,560 shares. Boulegeris Investments Inc. cut its position in Gilead Sciences, Inc . Rothschild Invest Il invested in 49,915 shares or 0.3% of the stock. Therefore 63% are positive. GILD has been the topic of a number of research analyst reports. The company was reinitiated on Tuesday, July 11 by Jefferies. (more...)
Verizon to take on AT&T in fight for first responders Verizon to take on AT&T in fight for first responders
- August 16, 2017

FirstNet emerged as a solution to communications problems during large emergencies such as the September 11 terrorist attacks in 2001, tornadoes and other events. At least a dozen states and territories have already agreed to let AT&T build the network in their state, though the carrier must still entice public-safety agencies to sign up for it. (more...)
More CEOs Quit Trump's Council Over Charlottesville More CEOs Quit Trump's Council Over Charlottesville
- August 16, 2017

The CEO of Under Armour, Kevin Plank , also left the council on Monday, which he said he believed it was important for his company to have an active seat at the table and represent his industry. Trump responded to Charlottesville. "I resigned to call attention to the serious harm our divided political climate is causing to critical issues, including the serious need to address the decline of American manufacturing", Krzanich said in the blog post. (more...)
WeChat Leads Tencent to Big Earnings Beat WeChat Leads Tencent to Big Earnings Beat
- August 16, 2017

Investors bet in 2017 that some of the company's boldest investments would finally pan out, creating one of the world's most richly valued companies in the process. There is some uncertainty going forward, however, since Tencent began to limit how much time users aged 18 and below can spend inside Honour of Kings and other titles. (more...)
Prudential sells USA independent broker-dealer for US$325mln to LPL Financial LLC Prudential sells USA independent broker-dealer for US$325mln to LPL Financial LLC
- August 16, 2017

The firm has "Neutral" rating given on Friday, February 12 by Credit Suisse. The ex-dividend date of this dividend is Tuesday, August 8th. The firm has "Buy" rating given on Monday, June 5 by Keefe Bruyette & Woods. 124 were reported by Wealthtrust. Its down 0.58% from 868,500 shares, reported previously. Virtus Inv Advisers Inc holds 0% or 1,211 shares. SG Americas Securities LLC purchased a new stake in LPL Financial Holdings during the first quarter valued at $171,000. (more...)
Discovery Communications Inc (NASDAQ:DISCA) Quarterly Sentiment Report
- August 16, 2017

Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Discovery Communications by 0.9% in the first quarter. The value of the investment in DISCA decreased from $2,140,000 to $1,036,000 a change of $1,104,000 since the last quarter. (more...)
Amazon 'Doing Great Damage' to Retailers, Cities Amazon 'Doing Great Damage' to Retailers, Cities
- August 16, 2017

The bricks-and-mortar retailing industry is struggling with lower sales and store closings as shoppers migrate to online rivals, including Amazon ( AMZN ). The tweets don't seem to materially affect Amazon, as the company is up about 46% since Trump's first negative tweet. In June the president tweeted that Bezos only owns the Post in an effort to dodge paying " internet taxes ". (more...)
Valero Energy Corp (NYSE:VLO): Stock Sentiment Valero Energy Corp (NYSE:VLO): Stock Sentiment
- August 16, 2017

It has outperformed by 38.10% the S&P500. Investec Asset Management North America Inc sold 18,253 shares as Valero Energy Corp ( VLO)'s stock declined 2.47%. NN Investment Partners Holdings N.V. raised its stake in Valero Energy Corporation by 26.4% in the second quarter. Oregon Employees Retirement Fund owns 173,200 shares for 0.24% of their portfolio. (more...)
UnitedHealth CEO Stepping Down, To Be Replaced by Company President UnitedHealth CEO Stepping Down, To Be Replaced by Company President
- August 16, 2017

Wichmann, a former partner with Arthur Andersen, joined UnitedHealth in 1998, a year after Hemsley arrived, and has worked through several key executive roles. Shares of the company have risen almost four-fold since Hemsley took over the helm. UnitedHealth wound up wiping out more than US$1.5 billion in past profits when it acknowledged that it backdated stock options, which involves manipulating the timing of options grants so they look as though they were made on days when the stock's ... (more...)
Walnut whipped out as Nestle introduces nut-free fondants Walnut whipped out as Nestle introduces nut-free fondants
- August 16, 2017

A Nestle spokeswoman stressed that the original walnut-topped Whip - one of which is eaten every two seconds in Britain - would still be available to United Kingdom consumers. The company has previously offered alternative flavours to the classic vanilla, but all have been topped with half a walnut. A mint flavoured whip is coming soon. (more...)
Comerica (CMA) to Buyback 5000000 Outstanding Shares
- August 16, 2017

Jul 10, 2017 is the announcement. Another trade for 2,500 shares valued at $177,153 was sold by RITCHIE MICHAEL T. Shares for $5.93 million were sold by BABB RALPH W JR. Hedge funds and other institutional investors own 83.47% of the company's stock. Research & Mngmt holds 0.02% or 750 shares in its portfolio. Sg Americas Ltd Liability Corporation invested 0.07% in Comerica Incorporated (NYSE:CMA). (more...)
Admiral H1 Profit Rises On Higher Customers; Lifts Dividend Admiral H1 Profit Rises On Higher Customers; Lifts Dividend
- August 16, 2017

The group grew turnover by 15 percent year on year to £1.45 billion in the first six months of 2017. Shares plunged 7pc to £20.25 after the company posted a slight rise in pre-tax profits of £193m in the six months to June 30, up from £190m previous year. (more...)
SFE Investment Counsel Decreases Stake in Jacobs Engineering Group Inc. (JEC)
- August 16, 2017

Its last month's stock price volatility remained 2.05% which for the week stands at 2.1%. The rating was initiated by Jefferies with "Hold" on Monday, February 6. The stock of Dominion Energy Inc (NYSE:D) earned "Hold" rating by Deutsche Bank on Thursday, August 3. Investors of record on Friday, August 4th will be issued a $0.15 dividend. (more...)
Under Armour CEO Kevin Plank steps down from Trump's manufacturing council Under Armour CEO Kevin Plank steps down from Trump's manufacturing council
- August 16, 2017

Tuesday morning, the CEO of the Alliance for American Manufacturing, Scott Paul , announced that he would also leave the council. "You're not intimidated by the bully nor willing to condone white racists!" said one on Twitter . "We must resign on behalf of America's working people, who reject all notions of legitimacy of these bigoted groups". The exchange lit up social media on Monday, with many people lauding Mr Frazier and blasting the president. (more...)
Dollar edges higher vs yen as concerns over N. Korea tensions ease Dollar edges higher vs yen as concerns over N. Korea tensions ease
- August 16, 2017

The ongoing war of words between US President Donald Trump and North Korea's Kim Jong Un, and their subsequent ratcheting up nuclear tensions, triggered a surge in the price of gold on Thursday (10 August), as safe-haven seeking investors flocked to buy the yellow metal. (more...)
Analysts Consensus For Lloyds Banking Group (LON:LLOY) Analysts Consensus For Lloyds Banking Group (LON:LLOY)
- August 16, 2017

Scotia Capital Inc. increased its stake in shares of Lloyds Banking Group PLC by 1,174.6% in the second quarter. UBS AG reiterated a "buy" rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, April 19th. Shares of Lloyds Banking Group Plc (NYSE:LYG) now have an Average Brokerage Recommendation of 3, number of Recs in ABR is 3 while industry rank of the company by ABR is out of 265. (more...)
Delhi youth dies racing superbike; friend films high-speed accident on camera Delhi youth dies racing superbike; friend films high-speed accident on camera
- August 16, 2017

The accident was captured on camera as his friend, who was riding behind him, had a camera fixed to his helmet. When they left the party at Connaught Place, the trio chose to race with their bikes till their homes. The damaged bike was lying near the footpath of Lady Irwin College gate at Sikandar road. The third motorcycle in the race was also a Benelli TNT 600i, a 600cc bike. (more...)
Target Corporation (TGT) Stake Lowered by Piedmont Investment Advisors LLC Target Corporation (TGT) Stake Lowered by Piedmont Investment Advisors LLC
- August 16, 2017

After $1.21 actual earnings per share reported by Target Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth. Piedmont Investment Advisors LLC now owns 181,352 shares valued at $10,009,000. The business's revenue was down 1.1% compared to the same quarter previous year. The ex-dividend date will be Monday August 14th, 2017. This represents a $2.48 annualized dividend and a yield of 4.56%. (more...)
Higher food prices accelerate India's retail inflation Higher food prices accelerate India's retail inflation
- August 16, 2017

Investors had been anticipated inflation to bounce back after June's surprise fall. "We're even getting to the stage in the year where the pound will be actually stronger than it was 12 months before, especially against the U.S. It was the first easing by an Asian central bank this year. Now one of the only pieces of good news for the Pound could come from talk of an interest rate hike from the Bank of England . (more...)
United Kingdom wage growth beats forecasts but still lags inflation United Kingdom wage growth beats forecasts but still lags inflation
- August 16, 2017

The country's Office for National Statistics said the number of people in work rose by 125,000 to 32.07 million in the three months to June, with the employment rate climbing by 0.3% to a record 75.1%. Unemployment fell to 4.4 per cent, a record low, from 4.5 per cent in the previous quarter. However, in the East of England unemployment grew by 7,000 to 128,000 - an unemployment rate of 4.1%. (more...)
Moto Z2 Force on Verizon Grabs First Update Moto Z2 Force on Verizon Grabs First Update
- August 16, 2017

The sensors come with aperture ƒ/2.0, 1.25um, depth detection and depth effects, zero shutter lag (ZSL), phase detection auto focus (PDAF), laser auto focus, closed loop actuator and colour correlated temperature (CCT) dual led flash. Motorola's Z line of smartphones has been getting plenty of love from the Lenovo subsidiary, but the X-line has not seen a new addition since 2015. (more...)
Culture curbs hold back Perth's rise in world's most liveable cities ranking Culture curbs hold back Perth's rise in world's most liveable cities ranking
- August 16, 2017

Melbourne in Australia was rated the world's most livable city on Wednesday, for the seventh consecutive year, China's Xinhua news agency reported. But where WA's capital scored comparatively poorly was in culture and environment, which had a weighting of 25 per cent in the overall rankings. The 10 least liveable cities were, from bottom: Damascus; Lagos; Tripoli; Dhaka; Port Moresby; Algiers; Karachi; Harare; Douala; and Kiev. (more...)
Palo Alto Networks, Inc. (PANW) Position Reduced by Malaga Cove Capital LLC Palo Alto Networks, Inc. (PANW) Position Reduced by Malaga Cove Capital LLC
- August 16, 2017

It has underperformed by 9.03% the S&P500. Palo Alto Networks, Inc offers a next-generation security platform. Its down 22.57% from 7.79M shares previously. Its Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture. (more...)
TX Has $10440000 Stake in CVS Health Corporation (NYSE:CVS)
- August 16, 2017

It has underperformed by 41.10% the S&P500. Eight equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Condor Cap Mgmt accumulated 20,310 shares. Baldwin Brothers Ma accumulated 8,386 shares. Meritage Mgmt has invested 0.13% in Schlumberger Limited. Finally, Leerink Swann set a $90.00 price target on CVS Health Corporation and gave the company a "buy" rating in a research report on Tuesday, June 27th. (more...)
IMF Says Chinese Growth Built on Unsustainable Debt IMF Says Chinese Growth Built on Unsustainable Debt
- August 16, 2017

The IMF maintained its forecast of 6.7 per cent growth for this year, but the report warned that the country's debt load could soar from around 235 per cent of gross domestic product last year to more than 290 per cent in 2022. The country's total non-financial sector debt, which includes household, corporate and government debt, is expected to continue to rise strongly, reaching nearly 300 percent of GDP by 2022, up from 242 percent in 2016. (more...)
Diamond engagement ring missing for 13 years found on garden carrot Diamond engagement ring missing for 13 years found on garden carrot
- August 16, 2017

Grams, 84, said she thinks she lost the ring while pulling a large weed from the garden in September 2004. Once she realized it was missing she spent hours looking through the garden for the keepsake, but to no avail. She was going to feed it to her dog but made a decision to keep it and just threw it in her pail. After it was lost she quickly replaced it. "I asked my husband if he recognized the ring". (more...)

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