Money


Mark Hurd says he doesn't worry 'so much' about Amazon Mark Hurd says he doesn't worry 'so much' about Amazon
- October 03, 2017

They didn't talk to each other very well. Ellison told developers, partners and customers at the conference that the new system is fully automated and has 99.995% reliability. Oracle's tools "make up an integrated developer experience". For more information on the Accenture and Oracle relationship, please visit www.accenture.com/oracle . (more...)
Tesla's Model 3 makes sluggish start in its race to mass market Tesla's Model 3 makes sluggish start in its race to mass market
- October 03, 2017

Tesla blames bottlenecks on a mere "handful" of subsystems at its manufacturing plants for the weak figures. Tesla also emphasized there are "no fundamental issues" with the Model 3 production or supply chain. Of that, about 14,000 were attributed to the Model S , 11,865 to the Model X , and 220 to the Model 3. Production of Tesla's first mass-market electric auto is off to a much slower start than expected, with barely a fifth of the vehicles that had been predicted rolling off ... (more...)
Rates on hold while RBA sweats on wage growth Rates on hold while RBA sweats on wage growth
- October 03, 2017

Consistent with current industry predictions, the RBA has made a decision to keep the official cash rate at the record low of 1.50 per cent. "This is likely to continue for a while yet, although the stronger conditions in the labor market should see some lift in wage growth over time", said RBA Governor Philip Lowe in a statement. (more...)
DONG Energy to become Ørsted DONG Energy to become Ørsted
- October 03, 2017

Dong, short for Danish Oil and Natural Gas, will rename itself Orsted in a nod to Danish scientist Hans Christian Orsted, who discovered electromagnetism in 1820. Outlining the name change, Dong underlined its belief that storage will help enable a "world that runs entirely on green energy". The Group generated revenue in 2016 of DKK 61 billion (EUR 8.2 billion). (more...)
GW Pharmaceuticals PLC (GWPH) Given News Impact Score of 0.13 GW Pharmaceuticals PLC (GWPH) Given News Impact Score of 0.13
- October 03, 2017

GW Pharmaceuticals has $208 highest and $129 lowest target. The stock declined 8.44% or $9.47 reaching $102.8 per share. Looking at the chart above, GWPH's low point in its 52 week range is $92.65 per share, with $137.88 as the 52 week high point - that compares with a last trade of $112.27. (more...)
Tories pledge to raise tuition fee repayment threshold to £25000 Tories pledge to raise tuition fee repayment threshold to £25000
- October 03, 2017

This will delay repayment for those low-earning graduates, although it will likely only apply to those graduates who took out the higher rate of student loans introduced in 2012. While the new policy does nothing to reduce the overall debt burden for students, it does mean that low-earning graduates will benefit immediately. (more...)
Metro, Jean Coutu formalize $4.5B deal to combine grocery, pharmacy chains Metro, Jean Coutu formalize $4.5B deal to combine grocery, pharmacy chains
- October 02, 2017

The companies acknowledged they were in the process of merger talks last week. Under the deal unveiled today, Jean Coutu shareholders would receive $24.50 a share, 75 per cent of it in cash and the rest in Metro stock. Whether you look at any metric - sales per store, scripts per store, [sales] per square foot - Jean Coutu is always ranked at the top at the heap of North America and I think it's pretty remarkable. (more...)
Boston Financial Mangement LLC Sells 4647 Shares of Wells Fargo & Company Boston Financial Mangement LLC Sells 4647 Shares of Wells Fargo & Company
- October 02, 2017

CenturyLink Investment Management Co's holdings in Wells Fargo & were worth $4,679,000 at the end of the most recent reporting period. It has underperformed by 7.03% the S&P500. Baird to "Outperform". Lincoln Capital Llc, a Nebraska-based fund reported 161,591 shares. Barclays Capital initiated Kroger Co (NYSE:KR) rating on Friday, September 23. (more...)
Brent crude oil dips below $56 a barrel amid higher Opec output Brent crude oil dips below $56 a barrel amid higher Opec output
- October 02, 2017

This follows a rally in oil prices which brought about the biggest third-quarter gain in 13 years and pushed Brent crude prices up to a more than two-year high last week. "Importantly, this rally is supported by a tighter physical market, providing a fundamental backbone that was not present before". Oil prices shed more than $1 per barrel today with Brent crude falling back below $56 due to more drilling activity in the USA and higher output among producers in the Organisation of the ... (more...)
EPS for Walgreens Boots Alliance Inc (WBA) Expected At $1.22
- October 02, 2017

Finally, JFS Wealth Advisors LLC increased its stake in Walgreens Boots Alliance by 12.7% in the third quarter. In this case, shares are down -12.25% from $89.69, the 52-week high touched on February 21, 2017, but are collecting gains at -2.51% for the past 12 months. (more...)
General Motors ramps up all-electric push General Motors ramps up all-electric push
- October 02, 2017

Regulators in China and some European countries have floated proposals to ban internal combustion engines by 2030 or 2040. "We can't just flip a switch and make the world go all-electric", he said, adding that GM will continue to enhance the efficiency of internal-combustion engines until an all-electric future arrives. (more...)
Grandfield & Dodd LLC Has $1198000 Stake in Cabot Oil & Gas Co. (COG)
- October 02, 2017

Cabot Oil & Gas Corporation ( COG ) observed trading 1.49% away from the 20-day moving average and 5.36% off from its 50-day simple moving average. COG's profit would be $50.87M giving it 60.80 P/E if the $0.11 EPS is correct. The Price to Cash Flow for Cabot Oil & Gas Corporation (NYSE: COG ) is 16.108473. Barclays Capital upgraded it to "Overweight" rating and $2 target in Monday, January 23 report. (more...)
US Treasuries trade flat ahead of ISM manufacturing PMI data US Treasuries trade flat ahead of ISM manufacturing PMI data
- October 02, 2017

Indeed, purchasing managers surveyed by both the US Institute for Supply Management (ISM) and the UK-based research group IHS Markit reported robust growth in the final month of the third quarter. However despite the decline, oil has largely held on to its recent gains with the commodity having notched its fifth consecutive weekly gain as the U.S. (more...)
Indian Team prepared for the challenge, says Captain Amarjeet Singh Indian Team prepared for the challenge, says Captain Amarjeet Singh
- October 02, 2017

We need the support of our 12th man - the fans - to cheer for us in numbers when we play against the US. In a 15-second video on his official Twitter handle, Kohli said, "Our U-17 boys are taking part in the U-17 FIFA World Cup which starts on October 6". (more...)
Chicken supplier 2 Sisters suspends operations Chicken supplier 2 Sisters suspends operations
- October 02, 2017

Changing the records means the meat would be untraceable in the event of an outbreak of food poisoning. The story made a number of allegations, including: returned chicken was repackaged and redistributed at the meat processor's West Bromwich plant; produce that had fallen on the factory floor was returned to the slaughter line; staff altered slaughter dates; and batches of chicken had been mixed together with meat that had different use-by dates. (more...)
Featured Stock to See: United Technologies Corporation (UTX)
- October 02, 2017

Quest Diagnostic Inc now has $12.77 billion valuation. The stock increased 3.09% or $0.71 on September 29, reaching $23.68. The shares were sold at an average price of $112.26, for a total transaction of $114,729.72. The stock has "Mkt Perform" rating by Bernstein on Friday, January 8. The firm earned "Outperform" rating on Tuesday, November 15 by FBR Capital. Deutsche Bank downgraded the shares of UTX in report on Wednesday, July 22 to "Hold" rating. (more...)
Fifteen people dead after attack on Damascus police station -RIA Fifteen people dead after attack on Damascus police station -RIA
- October 02, 2017

The Interior Ministry also reported the attack, saying two suicide bombers had blown themselves up, killing civilians and police officers, but giving no precise toll. The station says several people were killed or wounded. Previous suicide attacks in Damascus have been claimed by both Islamic State and the Tahrir al-Sham jihadist alliance, which is led by the group formerly known as the Nusra Front. (more...)
QUALCOMM Incorporated (NASDAQ:QCOM) Shares Sold by Hexavest Inc
- October 02, 2017

The Central Bank & Trust Co holds 1,582 shares with $87,000 value, down from 42,517 last quarter. Analysts expect QUALCOMM, Inc. The stock increased 1.10% or $0.26 on September 29, reaching $23.84. (NASDAQ: QCOM ) rating on Thursday, November 5. The company was maintained on Thursday, July 21 by Mizuho. Since May 11, 2017, it had 1 buy, and 4 insider sales for $1.73 million activity. (more...)
Commuters Warned To Avoid Holland Tunnel After Fire On Nearby Ramp
- October 02, 2017

Emergency repairs continue, and since this is a closure that mainly affects the afternoon commute, the state DOT still says "motorists should expect delays and congestion coming out of the Holland Tunnel, particularly during the afternoon commute". (more...)
Nissan to recall 1.21 million cars in Japan over improper checks Nissan to recall 1.21 million cars in Japan over improper checks
- October 02, 2017

The failure is not believed to have affected vehicle safety as they were final-stage checks, according to the Yokohama-based maker of the March subcompact, Leaf electric auto and Infiniti luxury models. Nissan will temporarily halt delivery of about 60,000 cars across 21 models, including the Leaf and the Note, and redo the final inspections. Takayuki Atake, a credit research manager at SMBC Nikko Securities, said in a report on Monday that the scandal is unlikely to hurt Nissan's ... (more...)

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