Business


Japan's trade surges in July on strong demand in China, US Japan's trade surges in July on strong demand in China, US
- August 17, 2017

According to the ministry, on a customs-cleared basis, exports increased 13.4 percent in the recording month from a year earlier, owing to recovery in external demand following last month's soft reading. Japan's exports to ASEAN, 10 countries belonging to the Association of Southeast Asian Nations, also jumped 18%, to 1.0 trillion yen, with strong growth in appliances and other devices. (more...)
Getty Realty Corporation (GTY) Posts Earnings Results, Beats Expectations By $0.01 EPS
- August 17, 2017

The mean rating score for this stock is at 3.30. The rating was maintained by Stifel Nicolaus on Wednesday, December 30 with "Buy". The firm has "Underperform" rating by Credit Suisse given on Friday, July 31. (SLG) shares are down -2.46% for the week and that has got investors and traders sitting up and taking note. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.03% of its portfolio in SL Green Realty Corp (NYSE:SLG). (more...)
Audit errors land PWC with record £5.1m fine Audit errors land PWC with record £5.1m fine
- August 17, 2017

RSM Tenon entered into administration in 2013, appointing Deloitte as administrators and agreeing a sale of its trading entities to Baker Tilly. Boden's fine of £150,000 was reduced to £114,750, after adjustment for mitigating factors and a discount for settlement. (more...)
Cabot Oil & Gas Corporation
- August 17, 2017

It is negative, as 21 investors sold Unit Corporation shares while 55 reduced holdings. Louisiana State Employees Retirement System increased its position in shares of Unit Corporation by 1.4% in the first quarter. The company's quarterly revenue was up 23.3% compared to the same quarter a year ago. On average, analysts expect that Cabot Oil & Gas Corporation will post $0.62 EPS for the current year. (more...)
SpaceX, NASA, and HP Are Sending a Supercomputer to the ISS SpaceX, NASA, and HP Are Sending a Supercomputer to the ISS
- August 17, 2017

The goal is for the system to operate seamlessly in the harsh conditions of space for one year-roughly the same amount of time it will take a spaceship to travel to Mars. For instance, it could take up to 20 minutes to beam data back to Earth from Mars and another 20 minutes to get the results. The further they travel from home the longer the lag or delay of transmission will be, which could be unsafe or even deadly if astronauts are met with mission critical scenarios they cannot solve ... (more...)
Kingfisher posts quarterly sales decline as trading in France remains weak Kingfisher posts quarterly sales decline as trading in France remains weak
- August 17, 2017

As well as weakness in the French market, the firm said it's dealing with disruption from its restructuring plan, and it didn't have the luck of good weather to boost sales, as it benefited from this time a year ago. B&Q was the main disappointment. In other global sales, Poland saw 4.0% growth, while Russian Federation fell by 10% and Spain 4.8%. Sales at B&Q tumbled in the second quarter, with the firm blaming wetter than usual summer weather for the slump. (more...)
Knee implants become more affordable Knee implants become more affordable
- August 17, 2017

The price in case of specialised implants for cancer and tumour has been sharply cut to Rs 1,13,950 from the current prices of Rs 4-9 lakh. After cardiac stents, the government on Wednesday fixed a price range for knee implants from Rs 54,000 to Rs 1.14 lakh, almost 70 per cent lower than most surgeries now cost. (more...)
Anadarko Petroleum Corporation (APC) Shares Sold by Texas Permanent School Fund
- August 17, 2017

Hap Trading Llc increased American Airls Group Inc (NASDAQ:AAL) stake by 25,644 shares to 112,744 valued at $5.26 million in 2016Q4. Amalgamated Bank boosted its position in Anadarko Petroleum Corporation by 8.9% in the first quarter. More notable recent Anadarko Petroleum Corporation (NYSE:APC) news were published by: Seekingalpha.com which released: "Anadarko Petroleum Could Have A Cash Flow Problem" on July 27, 2017, also Prnewswire.com with their article: "Technical Research on Independent ... (more...)
Amec Foster Wheeler PLC (AMEC) Given Average Recommendation of Amec Foster Wheeler PLC (AMEC) Given Average Recommendation of "Hold" by Brokerages
- August 17, 2017

If you are viewing this report on another site, it was illegally copied and republished in violation of United States and worldwide copyright and trademark laws. Trading volume was down 97.65% under the stocks average daily volume. Amec Foster Wheeler said the sale of assets to allay the CMA´s earlier concerns were already at an "advanced stage", with a formal marketing process having secured interest from potential buyers. (more...)
HDFC Bank slashes interest rate on savings bank accounts by 50 bps HDFC Bank slashes interest rate on savings bank accounts by 50 bps
- August 17, 2017

The rate-cutting spree started with India's largest bank State Bank of India slashing its interest rate on savings account. HDFC Bank announced a revision in its Savings Bank interest rate effective 19 August 2017. Please Wait while comments are loading. The bank would pay interest of 5 per cent on balance above Rs 1 crore. The rate offered on deposits above Rs 1 crore remains at 4%. (more...)
Shah Rukh Khan to follow Salman Khan's footsteps? Shah Rukh Khan to follow Salman Khan's footsteps?
- August 17, 2017

Thirteen years have been passed since Shah Rukh Khan's blockbuster hit "Main Hoon Na" came and seems like the craze is still not over. The distributors of Jab Harry Met Sejal , too, are hoping that Shah Rukh will take his cue from Salman and initiate a refund. (more...)
Dollar hits 8-week low vs yen on intensifying N.Korea tensions Dollar hits 8-week low vs yen on intensifying N.Korea tensions
- August 17, 2017

The dollar pulled back 0.1 per cent to $0.9635 Swiss francs on Friday, after dropping as much as 1.2 per cent to a two-week low overnight. Among technology companies, Apple shares rose $2.37, or 1.5 percent, to $159.85 and Microsoft picked up $1.09, or 1.5 percent, to $73.59. (more...)
Does $49.92 justifies Delta Air Lines, Inc. (DAL) shares? Does $49.92 justifies Delta Air Lines, Inc. (DAL) shares?
- August 17, 2017

Ingersoll-Rand PLC (NYSE:IR) has risen 39.42% since August 16, 2016 and is uptrending. It has underperformed by 4.87% the S&P500. The transaction was disclosed in a filing with the SEC, which is accessible through this link . July 14 investment analysts at Deutsche Bank maintained a company rating of "Buy" but raised the price expectation to $62.00 from $58.00. Therefore 94% are positive. (more...)
Intel and Under Armour CEOs resign from Trump's Manufacturing Council Intel and Under Armour CEOs resign from Trump's Manufacturing Council
- August 17, 2017

Frazier said in announcing his decision, "I feel a responsibility to take a stand against intolerance and extremism". But in his blog post Monday, he voiced his exasperation with the state of American politics. While Trump on Monday condemned white supremacists, he returned to his initial position at a press conference Tuesday, saying there was "blame on both sides" for the violence. (more...)
Merck CEO stepping down from American Manufacturing Council Merck CEO stepping down from American Manufacturing Council
- August 17, 2017

A joint statement from the CEOs who sat on the President's Strategic Forum said the debate over participation in the group had become "a distraction" from the economic policy initiatives they were tasked to address. Within minutes, Trump attacked him on Twitter, saying Frazier's resignation will give him "more time to LOWER RIPOFF DRUG PRICES!" "As a panel, not as individuals because it would have more significant impact". (more...)
Australia's Telstra underlying profit rises 1.1 percent Australia's Telstra underlying profit rises 1.1 percent
- August 17, 2017

Last month, the Australian Bureau of Statistics reported the communications industry saw a 3.8% fall in prices in the year to June 2017, making it a major drag on Australian inflation . "We're excited by the opportunities of Belong mobile". "Our view is given the latest outlook of NBN CVC charges, which we estimate will more than double over the coming years, we now expect the impact is likely to be at the top of this range; in other words, around $3 billion" Penn said today during a ... (more...)
Bellevue Group AG Has $3263000 Stake in Express Scripts Holding Company (ESRX)
- August 17, 2017

The stock rose 0.89% or $0.55 reaching $62.28 per share. About 656 shares traded. Express Scripts Holding Company (NASDAQ: ESRX ) has declined 16.92% since August 16, 2016 and is downtrending. More interesting news about Express Scripts Holding Company (NASDAQ:ESRX) were released by: Nasdaq.com and their article: "Aperio Group, LLC Buys Intel Corp, Altaba Inc, Express Scripts Holding Co ..." published on July 19, 2017 as well as Reuters.com's news article titled: "Express Scripts wins ... (more...)
Philippine Growth Improves Slightly In Q2 Philippine Growth Improves Slightly In Q2
- August 17, 2017

Construction lights from buildings still under construction combine with the Christmas lights of other buildings at Rockwell in Makati dazzle the night along the Pasig River. Abella said household consumption gained 5.9 percent while government consumption expanded by 7.1 percent from 0.1 percent, showing a marked improvement in the absorptive capacity of government agencies. (more...)
After Tesla's Model 3, Hyundai Motors to launch more electric cars After Tesla's Model 3, Hyundai Motors to launch more electric cars
- August 17, 2017

It's a replacement for the Tucson Fuel Cell, and boasts an increase in efficiency level to 60%, up 9% over its predecessor. The new additions include three plug-in hybrid vehicles, which come on top of eight battery-powered cars and two fuel-cell vehicles. (more...)
Analysts Give Coca-Cola Company (The) (NYSE:KO) a $53.00 Price Target
- August 17, 2017

A number of other equities research analysts also recently issued reports on the company. Dimensional Fund Advisors LP now owns 47,840 shares of the company's stock valued at $1,504,000 after buying an additional 6,985 shares in the last quarter. (more...)
Brokers Change Their Target Price On Enbridge Energy, LP (NYSE:EEP)
- August 17, 2017

Manufacturers Life Insurance Company, The controls 2,695 shares with a value of $41,000. As of quarter end Raymond James Financial Services Advisors, Inc. Enbridge Energy, L.P.'s revenue for the quarter was down 4.0% on a year-over-year basis. Enbridge Energy, L.P. has an average rating of "Hold" and an average price target of $21.45. (more...)
Do your math: Congress questions Modi's demonetization figures Do your math: Congress questions Modi's demonetization figures
- August 17, 2017

Rajnath Singh appreciated Modi's reference to surgical strikes and said: "Due to the decisive actions taken both by the government and by the armed forces, overall security scenario has considerably improved in the country since 2014". He said the world acknowledged India's "might and strength" after the surgical strike against terror launch pads in Pakistan previous year. Chief Minster Siddaramaiah and Leader of the Congress in the Lok Sabha Mallikarjun Kharge were present among others. (more...)
Senior pilots to serve one-year notice period, says DGCA Senior pilots to serve one-year notice period, says DGCA
- August 17, 2017

While airlines were earlier free to charge any amount as excess baggage charge beyond 20 kg, they can now go back to their old fee of up to Rs 350 per kg beyond 15 kg itself. The Federation of Indian Pilots, which calls itself a body of like-minded pilots cutting across airlines, had said the existing notice period of six months was itself against global standards of three-month notice. (more...)
Valeant Pharmaceuticals International's (VRX) Valeant Pharmaceuticals International's (VRX) "Buy" Rating Reiterated at Stifel Nicolaus
- August 17, 2017

The stock increased 1.80% or $0.25 on August 16, reaching $14.15. About 2.52 million shares traded. Valeant Pharmaceuticals Intl Inc (NYSE: VRX ) has declined 48.51% since August 16, 2016 and is downtrending. Delta Lloyd Nv reported 0.48% in Citigroup Inc (NYSE:C). Moreover, Susquehanna Int Grp Inc Limited Liability Partnership has 0% invested in Mercadolibre Inc (NASDAQ:MELI). (more...)
BB&T Corp Sells 13519 Shares of Wells Fargo & Company BB&T Corp Sells 13519 Shares of Wells Fargo & Company
- August 17, 2017

About 299,498 shares traded. It has underperformed by 7.03% the S&P500. Applied Optoelectronics Inc now has $1.27 billion valuation. CFR's SI was 4.45 million shares in August as released by FINRA. Lombardia Capital Partners Llc bought 245,173 shares as the company's stock declined 9.77% while stock markets rallied. The company was maintained on Friday, July 14 by BMO Capital Markets. (more...)
Cathay Pacific Delays Earnings Announcement to Late Afternoon Cathay Pacific Delays Earnings Announcement to Late Afternoon
- August 17, 2017

Cathay Pacific Airways Ltd., which was due to announce its earnings to the Hong Kong stock exchange around noon Wednesday, said the numbers will be available around 4:30 p.m. Cathay gained HK$244 million from the partial disposal of its stake in Air China , which was diluted to 18.13 percent from 20.13 percent. In April, Cathay Pacific disposed of its entire interest in Travelsky Technology at a profit of HK$586 million. (more...)
Goldman Sachs Group Inc. Decreases Position in BT Group PLC Goldman Sachs Group Inc. Decreases Position in BT Group PLC
- August 17, 2017

The firm has "Sector Perform" rating given on Wednesday, July 19 by RBC Capital Markets. Liberum Capital's PT would suggest a potential upside of 8.12% from the company's last stock close price. Bowling Management Limited reported 14,382 shares. United Fire Gru Incorporated holds 2,000 shares. Indexiq Advisors Ltd Company reported 0.11% stake. (more...)
Nabors Industries Ltd. (NYSE:NBR) Shares Slipping Lower Nabors Industries Ltd. (NYSE:NBR) Shares Slipping Lower
- August 17, 2017

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Oakbrook Investments LLC increased its position in shares of Nabors Industries by 0.4% in the first quarter. Shareholders of record on Tuesday, September 12th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, September 11th. (more...)
Sabra Healthcare REIT, Inc. (SBRA) Stake Cut by Morgan Stanley Sabra Healthcare REIT, Inc. (SBRA) Stake Cut by Morgan Stanley
- August 17, 2017

TIAA CREF Investment Management LLC owned about 0.40% of CareTrust REIT worth $4,899,000 as of its most recent SEC filing. Institutional investors and hedge funds own 99.26% of the company's stock. During the same quarter in the previous year, the business earned $0.54 earnings per share . IL increased its position in Sabra Healthcare REIT by 0.9% in the first quarter. (more...)
Fed Supports Bonds, Dollar Weakens on Inflation: Markets Wrap Fed Supports Bonds, Dollar Weakens on Inflation: Markets Wrap
- August 17, 2017

The greenback mildly weakened after the U.S. Commerce Department reported that the number of housing starts and building permits both fell in July . The dollar rose 0.1 per cent against a basket of currencies, holding most of Tuesday's gains chalked up on the biggest rise in USA retail sales in seven months. (more...)