Business


July ISM Manufacturing Index Declines To 56.3, Prices Index Increases July ISM Manufacturing Index Declines To 56.3, Prices Index Increases
- August 01, 2017

The Institute for Supply Management (ISM) said its index of national factory activity fell to 56.3 from 57.8 the month before. Of the 18 industries, 13 reported growth. They included plastics and rubber products, fabricated metal products, machinery, miscellaneous manufacturing, primary metals and transportation equipment. (more...)
Customer appetite for salads boosts Greggs sales Customer appetite for salads boosts Greggs sales
- August 01, 2017

Its pre-tax profit was £19.4 million, down from about £25.4 million at the same time past year, as input costs rose and as a result of some exceptional restructuring costs. The company has also undertaken the "most significant process change that the business has ever embarked upon" with the deployment of its central forecasting and replenishment system. (more...)
FDA Approves Enasidenib for Relapsed/Refractory Acute Myeloid Leukemia FDA Approves Enasidenib for Relapsed/Refractory Acute Myeloid Leukemia
- August 01, 2017

Idhifa is the first and only FDA-approved therapy for patients with an IDH2 mutation, a group that represents between 8 and 19 percent of all AML patients, the drug developers said. The FDA granted approval of enasidenib to Celgene, following prior designation of the drug for priority review and orphan drug status. In clinical studies, the most common adverse events were increases in total bilirubin (81%), decreased calcium (74%), nausea (50%), diarrhea (43%), decreased potassium ... (more...)
Maruti Suzuki domestic sales up 22% at 1.53 lakh units in July Maruti Suzuki domestic sales up 22% at 1.53 lakh units in July
- August 01, 2017

The company sold 703 units of its light commercial vehicle, Super Carry, during the month as against only 14 units in July previous year. According to the company, its total sales during the month rose to 165,346 units from 137,116 units sold during the corresponding month of 2016. (more...)
2 analysts given BUY rating to Cliffs Natural Resources Inc. (NYSE:CLF)
- August 01, 2017

Axiom Securities restated a "sell" rating on shares of Cliffs Natural Resources in a research report on Monday. Hancock Hldgs stated it has 7,780 shares. Finally, Systematic Financial Management LP purchased a new stake in Cliffs Natural Resources during the first quarter worth about $2,759,000. It also upped Gilead Sciences Inc (Call) (NASDAQ:GILD) stake by 2.95 million shares and now owns 3.95M shares. (more...)
Trump Reaffirms Commitment to Use Social Media
- August 01, 2017

Once again, President Trump blamed the "Fake News Media" for the criticism he was receiving for his use of Twitter. Rather, they frequently quote his Twitter comments and view them as a window into his thinking at any given moment, from the early morning hours to late at night. (more...)
Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) Declines -0.85% Pre-Market
- August 01, 2017

About shares traded. Mercury General Corporation (NYSE:MCY) has risen 6.61% since August 1, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. REGN's profit would be $287.05M giving it 45.51 P/E if the $2.67 EPS is correct. After $2.16 actual earnings per share reported by Regeneron Pharmaceuticals Inc for the previous quarter, Wall Street now forecasts 23.61 % EPS growth. (more...)
UBS Cuts Rating On MGM Resorts International (MGM) UBS Cuts Rating On MGM Resorts International (MGM)
- August 01, 2017

Highbridge Capital Mgmt Ltd Liability Company stated it has 18,900 shares. Fears of another corruption crackdown may further hamper performance. Morgan Stanley reaffirmed an overweight rating and set a $34.00 target price (up previously from $33.00) on shares of MGM Resorts International in a research report on Monday, July 10th. (more...)
Amalgamated Bank Has $598000 Position in Leucadia National Corporation (LUK)
- August 01, 2017

The stock declined 0.12% or $0.03 reaching $25.99 per share. About 21,532 shares traded. It has outperformed by 21.80% the S&P500. It also owns and has investments in an array of businesses, including National Beef, HRG Group, Inc. Among 14 analysts covering AO Smith Corp ( NYSE:AOS ), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 100% are positive. The rating was initiated by SunTrust on Friday, June 3 with "Buy". (more...)
Invesco California Value Municipal Income Trust
- August 01, 2017

The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. The indicator is computed by using the average losses and gains of a stock over a certain time period. (more...)
10 analysts given BUY rating to Vipshop Holdings Limited (NYSE:VIPS)
- August 01, 2017

The correct version of this article can be read at https://transcriptdaily.com/2017/07/31/california-public-employees-retirement-system-has-6-31-million-stake-in-vipshop-holdings-limited-vips-updated-updated.html. FMR LLC boosted its stake in Vipshop Holdings Limited by 52.0% in the first quarter. The stock gained 16.68 percent over the past month and rose 11.81 percent year-to-date. (more...)
Cormark Research Analysts Decrease Earnings Estimates for Barrick Gold Corp (ABX)
- August 01, 2017

It has underperformed by 24.96% the S&P500. Sell-side analyst recommendations point to a short term price target of $132.78 on the company shares. The business had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.03 billion. (more...)
Shell Won't Reopen Fire-Hit Refinery Before Latter Half of August Shell Won't Reopen Fire-Hit Refinery Before Latter Half of August
- August 01, 2017

Information not confirmed by Shell, which "expects to know more about the circumstances of the incident". The loss is pushing up the already-rising prices of diesel, . "Shell is in the process of closing all facilities on the territory of the plant"- leads AFP words of the representative of the company. The refinery covers the area equivalent to 800 football pitches, and its pipework, if laid end to end, would be long enough to circle the Earth four times. (more...)
Jacobus Wealth Management Inc. Maintains Position in Texas Instruments Incorporated (NASDAQ:TXN) Jacobus Wealth Management Inc. Maintains Position in Texas Instruments Incorporated (NASDAQ:TXN)
- August 01, 2017

The company had a trading volume of 3,247,344 shares. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has "Market Perform" rating given on Tuesday, July 26 by Bernstein. Lazard Asset Lc has invested 0.06% in Texas Instruments Incorporated (NASDAQ:TXN). Hays Advisory Ltd Com holds 0.06% or 3,420 shares in its portfolio. (more...)
Cuomo directs DEC to investigate N. Falls Wastewater Discharge Cuomo directs DEC to investigate N. Falls Wastewater Discharge
- August 01, 2017

In a statement the board said the "inky water" was the result of "routine, necessary and short term change in the waste water treatment process" at its plant near the city of Buffalo. Tourists stand atop an observation tower on the American side (L), overlooking the Niagara Falls on June 4, 2013 at Niagara Falls, New York. Pat Proctor, vice president for Rainbow Air Inc, which provides helicopter tours over the falls, was among the first to notice the black stain quickly colouring the water. (more...)
Capital Analysts LLC Maintains Position in Dow Chemical Company (The) (DOW) Capital Analysts LLC Maintains Position in Dow Chemical Company (The) (DOW)
- August 01, 2017

First Command Bank boosted its stake in Dow Chemical Company (The) by 36.9% in the second quarter. At current levels, The Dow Chemical Company (NYSE:DOW) shares have been seen trading -1.74% away from the 20-day moving average. has invested 0.23% in the stock. Capital Management Corp VA boosted its position in shares of Dow Chemical Company (The ) by 0.3% in the first quarter. (more...)
Haryana teen gets Rs. 1.44cr job offer from Google Haryana teen gets Rs. 1.44cr job offer from Google
- August 01, 2017

He said he went through an online interview after which he was selected for the priced job. In what may come out to be a turning point for 16-yr-old Chandigarh boy's life, the internet giant Google on 1st August has denied offering job to the boy saying "we don't have any information on our records about boy". (more...)
Investors Buy Amazon.com, Inc. (AMZN) on Weakness Investors Buy Amazon.com, Inc. (AMZN) on Weakness
- August 01, 2017

TRADEMARK VIOLATION WARNING: "Amazon.com, Inc". (NASDAQ: AMZN ) for 3.20 million shares. About 42,583 shares traded. Analysts' Consensus score for Amazon.com, Inc. Mizuho maintained it with "Buy" rating and $920 target in Friday, October 28 report. The rating was maintained by Howard Weil on Friday, February 5 with "Sector Perform". (more...)
Woman tries to duck $3.7M debt with plastic surgery Woman tries to duck $3.7M debt with plastic surgery
- August 01, 2017

A middle-aged woman went to extraordinary lengths to avoid paying her multi-million debts by undergoing plastic surgery to dramatically alter her appearance before she fled across the country on a high speed train paid for with "borrowed" money. (more...)
Fresh Del Monte Produce Inc
- August 01, 2017

Fresh Del Monte Produce had a net margin of 4.71% and a return on equity of 11.34%. It has underperformed by 16.70% the S&P500. Clarivest Asset Management Llc sold 95,207 shares as Meetme Inc (MEET)'s stock declined 3.32%. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresh Del Monte Produce, Inc . (more...)
Cenovus Energy (NYSE:CVE) Receives Daily Media Impact Score of 0.29 Cenovus Energy (NYSE:CVE) Receives Daily Media Impact Score of 0.29
- August 01, 2017

Other analysts have also issued reports about the company. Capstone Asset Management has an ownership of 87,709 stocks of the oil and gas firms shares valued at $646,000 after scooping up an extra 1,350 shares through out the quarter. Cenovus Energy Inc was downgraded to " by analysts at Morgan Stanley. Most recently the business also announced a periodic dividend, expected to be paid on early Fri, Sep 29th. (more...)
Yorkshire Day: puddings will fly for region's annual celebration Yorkshire Day: puddings will fly for region's annual celebration
- August 01, 2017

This year the mayoral parade will start at Sheffield town hall and end at the city's cathedral for a service before the mayors head back to the town hall for lunch. Pubs in Otley, famed for its Otley run - a mile-long pub crawl - will be renamed after local celebrities. Each pub will get a name in the draw and then spend the next 12 months tracking down the famous face to persuade them to take a drink in their named pub on Yorkshire Day 2018. (more...)
AA shares plunge as boss is fired for 'gross misconduct' AA shares plunge as boss is fired for 'gross misconduct'
- August 01, 2017

The AA had previously announced that the group was to split the executive chairman role as part of efforts to ensure best practice in corporate governance after he led the company to its flotation in June 2014. Along with news of Mr Mackenzie's departure, the AA issued a pre-close update saying performance in the first half had been "robust" with personal membership edging up to 3.327m despite rising insurance premium tax. (more...)
Apple dumps hundreds of binary trading apps after fraud complaints Apple dumps hundreds of binary trading apps after fraud complaints
- August 01, 2017

A report from The Independent states that scams reported to British police reveal the major scale at which these scams are operating. Those apps were offered by binary options trading entities who are not licensed or authorized to conduct financial trading. (more...)
Maryland Attorney Shot During Robbery In Turks and Caicos Maryland Attorney Shot During Robbery In Turks and Caicos
- August 01, 2017

Michael Jones, 57, was injured when two gunmen broke into a rented beachfront property on Providenciales, the main island of Turks and Caicos, at about 10.00pm Friday, and opened fire. Jones was first taken to a hospital in Turks and Caicos before he was flown to South Florida for additional treatment. This may make a few American tourists think twice about taking these kinds of trips. (more...)
Malawi Police Issue Arrest Warrant for Former President Banda Malawi Police Issue Arrest Warrant for Former President Banda
- August 01, 2017

He said the former president would cooperate with authorities once the warrant of arrest is served to her. The former president is overseas and will return to Malawi soon, Chanthunya said, without providing further details. Banda has been living in self-imposed exile since she lost to incumbent President Peter Mutharika in the 2014 election. Political analyst at the University of Livingstonia George Phiri said the issuance of the warrant of arrest has not come as a surprise because some ... (more...)
NXP Semiconductors NV (NASDAQ:NXPI) Upgraded to "Hold" at BidaskClub
- August 01, 2017

It has outperformed by 7.97% the S&P500. BlackRock Inc. increased its stake in shares of NXP Semiconductors N.V.by 2,546.6% in the first quarter. Sadoff Investment Management Llc sold 6,502 shares as the company's stock rose 3.83% with the market. (more...)
Google has a plan to store renewable energy -- with salt Google has a plan to store renewable energy -- with salt
- August 01, 2017

This solution has the possibility of lasting longer that lithium-ion batteries, while competing with other existing clean storage solutions in terms of price, according to X executives speaking to Bloomberg . Scientists have previously proven this system as a plausible technique in storing energy. Malta's contribution was to design a system that operates at lower temperatures so it doesn't require specialized, expensive ceramics and steels. (more...)
Ltd. Acquires 1716 Shares of Westar Energy, Inc. (NYSE:WR)
- August 01, 2017

It has underperformed by 31.94% the S&P500. Endra Life Sciences Unit (NASDAQ:NDRAU) had an increase of 1300% in short interest. NEWS's SI was 248,000 shares in July as released by FINRA. Investors sentiment increased to 1.09 in 2016 Q4. Its down 0.08, from 1.06 in 2016Q3. Want to see what other hedge funds are holding WR? 53 funds opened positions while 110 raised stakes. (more...)
Verizon Communications Inc. (NYSE:VZ) Stake Boosted by Girard Partners LTD. Verizon Communications Inc. (NYSE:VZ) Stake Boosted by Girard Partners LTD.
- August 01, 2017

JP Morgan had estimated that # Verizon would be able to add just 115,000 new subscribers to the network, while the Wall Street analysts believed that Verizon would not experience a gain of more than 70,000 subscribers in Q2 2017. Several analysts have recently issued reports on the company. Barclays Capital maintained it with "Equal-Weight" rating and $52 target in Monday, April 18 report. (more...)

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