Business


Coca-Cola is launching its first ever alcoholic drink Coca-Cola is launching its first ever alcoholic drink
- March 07, 2018

The institutional investor held 25,171 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.13 million, up from 6,258 at the end of the previous reported quarter. News of Coca-Cola's new drink comes days after the company stopped Brit school kids visiting factories in the United Kingdom - fearing they were contributing to obesity. (more...)
Heritage Trust Co Has $571000 Holdings in Bed Bath & Beyond Inc. (BBBY)
- March 07, 2018

The retailer reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.07. The market capitalization of the company is $6.49 Billion. Summit Fincl Strategies Incorporated holds 0.28% of its portfolio in AT&T Inc. The company had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.90 billion. (more...)
Limited US refining capacity will see more shale oil shipped overseas Limited US refining capacity will see more shale oil shipped overseas
- March 07, 2018

EST. Analysts polled by Reuters ahead of the data on average expect us crude stocks rose by 2.7 million barrels in the week ended March 2. NEW YORK, March 6 ( Reuters ) - Oil prices were mixed on Tuesday, under pressure from forecasts for a weekly rise in US crude stockpiles but supported by a weaker dollar. (more...)
South Africa's fourth quarter GDP expands by 3.1 percent quarter-on-quarter South Africa's fourth quarter GDP expands by 3.1 percent quarter-on-quarter
- March 07, 2018

The Presidency has welcomed findings by Statistics South Africa that gross domestic product growth in Quarter 4 of 2017 reached 3.1 percent. The trade, catering and accommodation industry grew 4.8%, adding 0.6 percentage points to GDP while the manufacturing industry and finance, real estate and business services increased by 4.3% and 2.5% respectively, and each contributed 0.5 percentage points. (more...)
Sir Mo Farah complains of 'racially motivated unfair treatment' at German airport Sir Mo Farah complains of 'racially motivated unfair treatment' at German airport
- March 07, 2018

You don't need to grab me. The British athlete repeated the racial harassment claim in the video, saying: "Just in the airport here, got harassed again, again, again". "Leave me alone, listen you are on Instagram Live". At the end of the video, Farah tells the security official that he is on Instagram live. The guard replies "I don't care" before walking away from Farah. (more...)
Trump says he'll impose tariffs in a Trump says he'll impose tariffs in a "loving way"
- March 07, 2018

Trade wars are a particularly unnerving prospect for many exporters in other countries, since retaliatory actions can spiral out of control. If a trade war does happen, it could put profits for big US companies at risk because they are heavily reliant on the global economy. (more...)
Target's shares fall on Q4 Financial Results Target's shares fall on Q4 Financial Results
- March 07, 2018

The retailer reported $1.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.39 by ($0.02). Goelzer Investment Management Inc.'s holdings in Target were worth $6,583,000 as of its most recent SEC filing. (more...)
Boeing lures Hawaiian Airlines from Airbus with new jet order Boeing lures Hawaiian Airlines from Airbus with new jet order
- March 07, 2018

As part of the selection, we intend to purchase 10 787-9 jets. The aircraft will be powered by General Electric GEnx engines, with deliveries to begin in 2021. In 2014, Hawaiian ordered six A330-800s, which feature the latest fuel-efficient engines. "Its expanded seat capacity and extended range will allows us to expand within our current route network and offer new destinations in the Asia-Pacific region". (more...)
$-0.13 EPS Expected for Baytex Energy Corp. (BTE) $-0.13 EPS Expected for Baytex Energy Corp. (BTE)
- March 07, 2018

In terms of earnings per share, 2 analysts have a -0.01 EPS mean target for the quarter ending Mar-18, for the quarter ending Jun-18, 2 analysts have a -0.06 EPS mean target and for the quarter ending Jun-18 there are 9 estimates of -0.37 EPS. (more...)
Defense Department Is Using Google's AI Tech to Help With Drone Surveillance Defense Department Is Using Google's AI Tech to Help With Drone Surveillance
- March 07, 2018

The deal is part of the Defense Department's Project Maven initiative to use technology and automation to sift through huge amounts of data, according to tech publication Gizmodo , which reported on the partnership on Tuesday. For Google , the collaboration could come with an added boon: a chance to position its cloud business as a viable competitor to Amazon Web Services and Microsoft Azure as it eyes the federal government as a client. (more...)
Lloyds Banking Group plc (LYG), Danaher Corp. (DHR) — Trending Stocks Analysis
- March 07, 2018

Its shares are now trading for around $3.8 apiece. The Stock has YTD (year to date) performance of 1.33 percent. The stock is now moving below its 20-Day Simple Moving Average of -1.39% with a 50-Day Simple Moving Average of -1.98 percent. The Return on Equity (ROE) and Return on Investment (ROI) values are 0 percent and 6.1 percent respectively. Lloyds Banking Group plc has 52-Week high of $4.21 and 52-Week Low of $3.15. (more...)
Eli Lilly and (NYSE:LLY) Given Daily News Sentiment Rating of 0.15
- March 07, 2018

Swing traders and investors have a little more leeway and therefore may trade stocks with lower volume, around 500,000 and 100,000 shares or more per day, respectively. Zacks Investment Mgmt accumulated 0.01% or 3,885 shares. Investors sentiment decreased to 1.32 in Q3 2017. Cibc Ww owns 1,748 shares. The Illinois-based Banc Funds Co Llc has invested 0.91% in the stock. (more...)
Deutsche Bank Analysts Give Sociedad Quimica y Minera de Chile (SQM) a $63.00 Price Target
- March 07, 2018

It also increased its holding in Expedia Inc Del (NASDAQ:EXPE) by 41,500 shares in the quarter, for a total of 46,500 shares, and has risen its stake in Nationstar Mtg Hldgs Inc (NYSE:NSM). Bank Of Nova Scotia invested 0.02% in HCA Healthcare, Inc. Quantitative Systematic Strategies Limited Liability Corporation reported 10,720 shares or 0.11% of all its holdings. (more...)
Coinbase Eyes Bitcoin ETF With New Cryptocurrency Index Fund Coinbase Eyes Bitcoin ETF With New Cryptocurrency Index Fund
- March 07, 2018

China has been among the leaders in driving cryptocurrency growth and demand, and the nation is seeking ways to profit from digital currencies over traditional currencies. Despite, Ripple enthusiasts who are eager to see the token enter the mainstream, it seems that, for now, only four cryptocurrencies will be available to trade and buy on the exchange. (more...)
Gilead Sciences, Inc. (GILD) Shares Bought by MAI Capital Management
- March 07, 2018

About 10.48 million shares traded or 19.10% up from the average. Stonebridge Capital Management Inc. now owns 53,675 shares of the biopharmaceutical company's stock valued at $4,241,000 after buying an additional 11,880 shares during the last quarter. (more...)
Pinebridge Investments LP Buys 8375 Shares of Halliburton (NYSE:HAL) Pinebridge Investments LP Buys 8375 Shares of Halliburton (NYSE:HAL)
- March 07, 2018

Lee Danner & Bass Inc bought 15,880 shares as the company's stock declined 11.04% while stock markets rallied. Sasco Capital Inc decreased its stake in Target Corp (TGT) by 26.23% based on its latest 2017Q3 regulatory filing with the SEC. (more...)
Webster Bank NA Sells 1100 Shares of The Coca-Cola Co (KO) Webster Bank NA Sells 1100 Shares of The Coca-Cola Co (KO)
- March 07, 2018

About 4.62 million shares traded. While for the Next 5 years, the company could expect a growth of 8% per annum, whereas in the past Five years The Coca-Cola Company (NYSE:KO) showed a growth of -1.22 Percent per annum. The rating was upgraded by Jefferies on Tuesday, November 15 to "Buy". Finally, JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 2,400 ($33.16) price target on shares of Coca Cola HBC in a research note on Wednesday, January 17th. (more...)
United Continental Holdings, Inc. (UAL)- Stock in the Traders Limelight
- March 06, 2018

Sabby Management Ltd accumulated 0.07% or 1.71M shares. United Continental Holdings Inc. now has $19.22 billion valuation. (NYSE:UAL) has risen 77.19% since March 5, 2017 and is uptrending. It dropped, as 94 investors sold KR shares while 232 reduced holdings. 6 funds opened positions while 16 raised stakes. Toronto Dominion Bancshares reported 90,441 shares. (more...)
Smurfit Kappa rejects takeover approach from United States rival International Paper Smurfit Kappa rejects takeover approach from United States rival International Paper
- March 06, 2018

Goldman Sachs and their recent target price per share means a potential upside of 18.76 % from the company's current price. Financial details of the bid were only disclosed by the USA company after European markets closed. Smurfit Kappa shares +18%. The Memphis-based group combined its North America consumer packaging business with Graphic Packaging Holding in a deal that valued the International Paper division at $1.8 billion. (more...)
Entercom Communications (ETM) Receives Daily Media Impact Score of 0.28
- March 06, 2018

It has outperformed by 6.18% the S&P500. Shares of Entercom Communications ( NYSE ETM ) remained flat at $$10.05 during trading on Monday. Voya Investment Management LLC now owns 19,392 shares of the company's stock worth $201,000 after buying an additional 2,383 shares in the last quarter. (more...)
Western Digital (WDC) Earns Media Impact Rating of 0.21
- March 06, 2018

Western Digital Corp now has $26.26 billion valuation. It has outperformed by 109.15% the S&P500.The move comes after 7 months positive chart setup for the $26.42 billion company. Vetr lowered Western Digital from a strong-buy rating to a buy rating and set a $98.49 price target for the company.in a research report on Monday, October 30th. (more...)
Canada: GTA home sales drop, says Real Estate Board Canada: GTA home sales drop, says Real Estate Board
- March 06, 2018

The number of new listings entered into TREB's MLS system in February totalled 10,520, a 7.3% increase compared to the 9,801 new listings entered during the same month a year ago. In month-over-month terms, prices improved 1.6%. Price growth is expected to be concentrated in condos and townhomes as the year goes on given their relative affordability, the report said. (more...)
The Brokerages Set Range Resources Corp. (RRC) Price Target at $25.59
- March 06, 2018

Cowen set a $25.00 target price on shares of Range Resources and gave the company a "buy" rating in a research report on Thursday, January 18th. Express Scripts Holding Company (NASDAQ:ESRX) has declined 16.92% since March 5, 2017 and is downtrending. (more...)
Lego sales dip for first time in 13-years Lego sales dip for first time in 13-years
- March 06, 2018

Lego chief executive Niels Christiansen said there was "no quick fix" to the company's overall sales decline and that it would "take some time" for the business to grow its revenue over the long term. The privately-owned company, famous for its colourful plastic bricks, could be facing its biggest test since flirting with bankruptcy in the early 2000s after a sudden halt to more than a decade of strong growth. (more...)
Henry Schein, Inc. (HSIC) Stake Increased by Standard Life Aberdeen plc
- March 06, 2018

Henry Schein (NASDAQ: HSIC ) last issued its quarterly earnings data on Tuesday, February 20th. It has underperformed by 15.71% the S&P500. Class A (V) by 1693.66% based on its latest 2017Q3 regulatory filing with the SEC. First Manhattan Company reported 85,580 shares. Champlain Partners Ltd accumulated 908,795 shares. Riverbridge Prtnrs Ltd Liability reported 0.74% in Henry Schein, Inc. (more...)
RDL Financial Inc. Trims Position in Activision Blizzard, Inc. (NASDAQ:ATVI)
- March 06, 2018

More notable recent Activision Blizzard, Inc . Shares of Activision Blizzard ( NASDAQ ATVI ) traded up $1.09 during trading hours on Monday, reaching $75.10. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since March 6, 2017 and is uptrending. Therefore 48% are positive. Hilliard Lyons raised shares of Activision Blizzard from an underperform rating to a neutral rating in a research report on Wednesday, November 8th. (more...)
Vipshop Holdings Limited (NYSE:VIPS)
- March 06, 2018

About 3.40M shares traded. Advisors Preferred LLC acquired a new stake in shares of Vipshop during the third quarter worth about $117,000. (NYSE:TJX) has declined 2.02% since March 1, 2017 and is downtrending. Its down 0.19, from 1.19 in 2017Q2. It is trading at a P/S value of 0.89 and P/B registered at 4.66. Shell Asset has 0.07% invested in Valero Energy Corporation (NYSE:VLO) for 84,703 shares. (more...)
BrewDog Pink: Twitter reacts to 'ironically' sexist beer BrewDog Pink: Twitter reacts to 'ironically' sexist beer
- March 06, 2018

The new "beer for girls" is identical in composition to Punk IPA, the only difference being that Pink IPA features "lurid" pink labelling as opposed to blue. It also criticised the way some companies target female consumers. "I think I could hear the point as it whooshed over your head", countered one. If you have to explain the joke then it's probably not a very good joke. (more...)
Fussell Sells 56401 Shares of Abbott Laboratories (NYSE:ABT) Stock
- March 06, 2018

Blackhill Capital Inc who had been investing in Abbott Labs Com for a number of months, seems to be bullish on the $104.78 billion market cap company. Locust Wood Capital Advisers Limited Liability Corp, New York-based fund reported 809,746 shares. North Star Investment Mngmt stated it has 0.06% in ONEOK, Inc. (more...)
Research Report For Cisco Systems, Inc. (CSCO)
- March 06, 2018

The institutional investor held 114,546 shares of the technology company at the end of 2017Q3, valued at $3.85M, down from 134,125 at the end of the previous reported quarter. Cowen & Co maintained Cisco Systems, Inc . 23,110 Cisco Systems, Inc . (NASDAQ: CSCO ) for 492,664 shares. OCLR's profit will be $10.17M for 30.83 P/E if the $0.06 EPS becomes a reality. (more...)

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