Money


KB Home To Cut CEO's Bonus By 25% KB Home To Cut CEO's Bonus By 25%
- September 21, 2017

Mezger's tirade was over Griffin or Bick calling the police over a family get-together at Mezger's home. U.S. homebuilder KB Home cut the bonus pay of its chief executive following a sexist, expletive-filled rant against controversial comedian Kathy Griffin, the company said Thursday. (more...)
Apple CEO defends iPhone X's $999 price tag Apple CEO defends iPhone X's $999 price tag
- September 21, 2017

But in his first interview since the iPhone X's unveiling, Tim Cook said he believes it's not that expensive. Of course, you're going to have to pay a pretty penny if you want an iPhone with Apple's most advanced technologies, but picking up older iPhone models has always been affordable to more cost-conscious consumers. (more...)
Greenpeace activists seize ship full of VW diesel cars Greenpeace activists seize ship full of VW diesel cars
- September 21, 2017

It said they had gained access to the vehicle park, where several thousand VW diesel cars are awaiting distribution to suppliers. The self-proclaimed "pirate" activists boarded the 23,498-tonne carrier to stand in front of the loading bay door before hanging a huge poster showing a child in a gas mask with the words "Ditch Diesel" plastered over it. (more...)
CRH agrees $3.5bn purchase of Ash Grove Cement CRH agrees $3.5bn purchase of Ash Grove Cement
- September 21, 2017

Shares in CRH (LON: CRH ) have jumped in London this morning, outperforming the broader market, as the building materials group inked a deal to acquire an U.S. The deal comes the same week as HeidelbergCement AG agreed to buy Italian assets from Cementir Holding SpA for 315 million euros ($375 million). (more...)
Bill Gates: Bill Gates: "Ctrl-Alt-Del Key Combination Was A Mistake"
- September 21, 2017

This is not the first time Gates has expressed some frustration with the function. "Clearly the people involved should have put another key on in order to make that work", Gates said. "I may have invented it, but Bill made it famous", Bradley said - leaving Gates, also sitting on the stage, looking somewhere between bemused and annoyed. (more...)
Equifax sends breach victims to a phishing site Equifax sends breach victims to a phishing site
- September 21, 2017

For example, a phishing website targeting a specific bank's customers may steal the official site's design, stealing users' login information when they attempt to log into their account. That the aforementioned "no-one" includes whoever's running Equifax's Twitter account doesn't bode well for the company - or anyone unlucky enough to have their personal information collated in its massive and poorly secured database. (more...)
Nike, Inc. (NKE) PT Set at $64.00 by Morgan Stanley
- September 21, 2017

This represents a $0.72 dividend on an annualized basis and a yield of 1.34%. Edwards unloaded 200,000 stocks of the shares in a trade dated Wed, Jul 5th. Commonwealth Equity Services accumulated 357,477 shares. Chevy Chase Tru Hldgs reported 1.21M shares. Mcdonald Capital Investors Inc Ca, a California-based fund reported 1.29 million shares.#img1#. (more...)
Go-Ahead Group plc 18.4% Potential Upside Indicated by HSBC Go-Ahead Group plc 18.4% Potential Upside Indicated by HSBC
- September 21, 2017

GBX 748.25's average target is 16.01% above currents GBX 645 stock price. There are now 43,106,466 shares in issue with the average daily volume traded being 96,521. Jefferies Group LLC set a GBX 470 ($6.34) target price on shares of BP plc and gave the company a "neutral" rating in a research report on Tuesday, August 29th. (more...)
Fiera Capital Corp Purchases 50000 Shares of Genworth Financial Inc (GNW)
- September 21, 2017

The company was downgraded on Wednesday, November 4 by UBS. As per Tuesday, August 1, the company rating was maintained by Wells Fargo. They issued a "buy" rating for the company. (NYSE:GNW) shares saw light trading volume with 3,365K shares changing hands in the last trading session. As of quarter end Ubs Group Ag had disposed of a total of 82,923 shares trimming its position 49.3%. (more...)
Cenovus Energy Inc (CVE) Short Interest Update
- September 21, 2017

Cenovus Energy Inc now has a P/E ratio of 3.84 and the market value is 11.23B. Royal Bank Of Canada reiterated an outperform rating and issued a C$23.00 price target on shares of Cenovus Energy in a report on Tuesday, July 4th. CSFB reaffirmed an "outperform" rating and set a C$20.00 target price on shares of Cenovus Energy in a report on Friday, May 26th. If you are viewing this story on another site, it was illegally stolen and reposted in violation of global copyright and trademark ... (more...)
Co-op Group offloads remaining stake in troubled Co-op Bank Co-op Group offloads remaining stake in troubled Co-op Bank
- September 21, 2017

With around four million customers, the bank was largely owned by five U.S. hedge funds and had nearly collapsed in 2013, before being bailed out by the hedge funds. The Co-op launched the new membership plan in September 2016 through which shoppers got five per cent back on purchases, while a further one per cent went to their communities. (more...)
SC asks Unitech to pay compensation to 39 home buyers SC asks Unitech to pay compensation to 39 home buyers
- September 21, 2017

This means that the cash-starved real estate company owes approximately this amount for the incomplete 61 projects. The next date of hearing has been scheduled for October 23. Earlier, on September 15, the top court had refused to grant interim bail to Chandra. Denying the bail to the Unitech MD, the Supreme Court said that it has to see the interest of 16,300 home buyers against one person here, according to Aggrawal. (more...)
NCLAT lets Mistry firms file oppression charges against Tata Sons NCLAT lets Mistry firms file oppression charges against Tata Sons
- September 21, 2017

Soon after the decision, Cyrus Investments objected to Tata Sons' attempt to convert to a private limited company, saying it amounts to oppression of minority shareholders. Please Wait while comments are loading. "Tata Sons will continue to defend its position at all appropriate legal forums". The two companies said they together hold 18 per cent equity in Tata Sons and had filed the company petition as minority shareholders alleging oppression and mismanagement by Tata Sons. (more...)
US Fed to Start Reducing Bond Holdings US Fed to Start Reducing Bond Holdings
- September 21, 2017

INVESTOR INSIGHT: "The Fed's seemingly hawkish views on sustained lift-off in USA interest rates may be seen as a form of pressure for regional equities and could dampen prices today", said Jingyi Pan, market strategist at IG in Singapore. It now projects even faster growth this year of 2.4 percent, an increase from it forecast of 2.1 percent earlier this year. While the labor market and economic output has largely performed in line with officials' expectations this year, inflation has been ... (more...)
(AIR) Shares Trading up at $37.71 AAR Reports First Quarter 2018 Results (AIR) Shares Trading up at $37.71 AAR Reports First Quarter 2018 Results
- September 21, 2017

Short traders are feeling a little more bearish on AAR Corp. of late if you take into consideration the rise in short interest. Other equities research analysts have also recently issued research reports about the company. About shares traded. AAR Corp. Seaport Global Securities started coverage on shares of AAR Corp.in a research note on Tuesday, September 12th. (NYSE:AIR) bumped up the target price from $0.00 to $39.00 that suggested an upside of 0.11%. (more...)
Cliffs Inc. (NYSE:CLF) Ducks Under The Trend Line
- September 21, 2017

On average, analysts expect that Cliffs Natural Resources will report full-year earnings of $0.92 per share for the current fiscal year, with EPS estimates ranging from $0.71 to $1.22. Vetr downgraded Cleveland-Cliffs Inc (NYSE: CLF ) on Monday, August 31 to "Hold" rating . They now have a Dollars 1 price target on the stock. This is an increase of approximately 121% compared to the typical daily volume of 538 put options. (more...)
Northern Trust Corp Boosts Holdings in Crown Castle International Corporation (CCI)
- September 21, 2017

It has a 17.99 P/E ratio. It divisions include Networking Platforms; Software and Software-Related Services, and Global Services. It worsened, as 58 investors sold Crown Castle International Corp. Raymond James Finance Services Advisors invested in 0.05% or 71,055 shares. 131,450 were reported by State Of Alaska Department Of Revenue. Obermeyer Wood Investment Counsel Lllp bought 130,570 shares as the company's stock rose 11.44% with the market. (more...)
Peapack Gladstone Financial Corp Has $20 Million Holdings in Microsoft Corporation (MSFT)
- September 21, 2017

Robert W. Baird has "Outperform" rating and $25 target. Nuvasive, Inc.is a medical device company. (NASDAQ:AAPL) has "Buy" rating given on Wednesday, February 1 by Mizuho. Ontario Teachers Pension Plan Board reported 1.17% in Microsoft Corporation (NASDAQ:MSFT). The shares were sold at an average price of $72.56, for a total transaction of $507,920,000.00. (more...)
Coca Cola Co Stock in 2016 Q4 Driven by Institutional Investors Coca Cola Co Stock in 2016 Q4 Driven by Institutional Investors
- September 21, 2017

KO's SI was 29.97M shares in September as released by FINRA. Its up 1.67% from 20.94M shares previously. Insiders sold 366,835 shares of company stock valued at $16,874,246 over the last three months. Susquehanna maintained The Coca-Cola Co (NYSE:KO) on Tuesday, March 15 with "Neutral" rating. Finally, BidaskClub downgraded Coca-Cola Company (The) from a "hold" rating to a "sell" rating in a report on Thursday, July 13th. (more...)
Amgen Inc. (NASDAQ:AMGN) Shares Bought by HL Financial Services LLC
- September 21, 2017

Safe Bulkers, Inc. Sun Life Financial Inc (NYSE:SLF) has declined 1.22% since September 18, 2016 and is downtrending. The legal version of this piece of content can be read at https://weekherald.com/2017/09/18/argent-trust-co-boosts-stake-in-amgen-inc-amgn.html. (more...)

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