Money


NHS ransomware `hero´ pleads not guilty in United States over banking malware NHS ransomware `hero´ pleads not guilty in United States over banking malware
- August 14, 2017

A trial has now been scheduled for October. Up until now, Hutchins was prevented from accessing the internet, had to surrender his passport, and needed to be monitored by Global Positioning System. "He is going to vigorously defend himself against these charges and when the evidence comes to light we are confident that he will be fully vindicated". (more...)
Amazon kills its European DVD rental biz, Lovefilm Amazon kills its European DVD rental biz, Lovefilm
- August 14, 2017

The service was once leader in a market that is now dominated by Netflix, Hulu and other streaming services. The online shopping giant cited a "decreasing demand" for DVDs and Blu-rays as customers increasingly move to streaming movies and TV series instead. (more...)
Controversial Garden Bridge project scrapped Controversial Garden Bridge project scrapped
- August 14, 2017

The Garden Bridge Trust attempted to blame Mayor of London Sadiq Khan for the cancellation of the controversial river crossing after the latter said he couldn't guarantee his support of the project. Lord Davies added: "It is a sad day for London because it is sending out a message to the world that we can no longer deliver such exciting projects". (more...)
Texas Sales Tax Holiday August 11-13th Texas Sales Tax Holiday August 11-13th
- August 14, 2017

The Texas sales tax free weekend starts tomorrow and runs through Sunday meaning lots of school supplies and clothing are tax free. "You'll save approximately $8 for every $100 you spend", said Candace Foster, the marketing director at Broadway Square Mall. (more...)
AZ Gas Prices Drop 0.7¢ This Week Featured font size + AZ Gas Prices Drop 0.7¢ This Week Featured font size +
- August 14, 2017

This is 6 cents more expensive than last week. $2.01/g in 2016, $2.70/g in 2015, $3.47/g in 2014, $3.44/g in 2013 and $3.36/g in 2012. The national average hovers around $2.34 per gallon. The Detroit-area's average rose about 3 cents from a week ago to $2.47 per gallon. Comparing this to the past couple of years, gas prices are higher. (more...)
VF to Acquire Dickies Owner VF to Acquire Dickies Owner
- August 14, 2017

Wiliamson-Dickie generated about US$875mln in revenue in the last 12 months. "This acquisition combines two great companies and a group of iconic brands to create a global leader in workwear with approximately $1.7 billion in annual revenue". (more...)
Consolidated (NASDAQ:COKE) Stock Ticks -12.56% Consolidated (NASDAQ:COKE) Stock Ticks -12.56%
- August 14, 2017

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. ADV increased its position in Coca-Cola Company (The) by 2.2% in the second quarter. Coca-Cola Company (The)'s dividend payout ratio is now 154.17%. The Coca-Cola Company (KO)'s average Piotroski F-Score: 6 during the last 7 years. (more...)
Barrick Gold Corporation Sees Unusually High Options Volume (ABX)
- August 14, 2017

It has underperformed by 24.96% the S&P500. Gateway Investment Advisers LLC's holdings in Barrick Gold Corp were worth $396,000 as of its most recent SEC filing. Barrick Gold Corporation's revenue was up 7.4% compared to the same quarter previous year. Jefferies has "Buy" rating and $21 target. Since January 1, 0001, it had 1 insider purchase, and 2 selling transactions for $409,102 activity. (more...)
HSBC MSCI RUSSIA CAPPED UCITS ETF (HRUB.L) Sees Nice Weekly Performance
- August 14, 2017

The Tenkan Line or Tenkan Sen (Sen means line in Japanese) is known as the conversion line or turning line is similar to a 9SMA but actually is quite different. PimCo 1 3 Year Us Treasury Index Fund (TUZ) now has a 14-day Commodity Channel Index (CCI) of 169.70. Active investors may choose to use this technical indicator as a stock evaluation tool. (more...)
Och-Ziff Capital Management Group LLC Och-Ziff Capital Management Group LLC
- August 14, 2017

It is down 36.39% since August 11, 2016 and is downtrending. It has underperformed by 41.10% the S&P500. Zweig owns 2.00 million shares. The asset manager reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.08, Bloomberg Earnings reports. (more...)
The Endo International PLC (ENDP) Downgraded by BidaskClub to Strong Sell
- August 14, 2017

Endo International plc - Ordinary Shares (NASDAQ: ENDP ) exchanged hands 8.95 Million shares versus average trading capacity of 5.78 Million shares, while its relative trading volume is 1.47. During current year the company's forecasts over growth are -25.6% while for the next year analysts' growth estimation is -11.4%. While having a peek at profitability ratios Endo Int'l Plc (NASDAQ:ENDP) has trailing twelve month gross margin at 36%, its trailing twelve month operating margin stands at ... (more...)
Uber introduces in-app tipping system Uber introduces in-app tipping system
- August 14, 2017

The feature will also apply to UberEats drivers with 100% of the tips earned going directly to the driver, the company said. The changes are created to limit the financial impact on drivers of matters beyond their control, such as passengers taking their time to get in the cab, or cancelling journeys when the driver is already on their way. (more...)
Bitcoin continues meteoric rise to surpass $4000 Bitcoin continues meteoric rise to surpass $4000
- August 14, 2017

Motivated by the surging price and increased demand, big currency players like Goldman Sachs and JP Morgan are actively promoting Bitcoin to clients and portfolio managers. I wouldn't be surprised if it hits a few more before 2017 is up. A growing bitcoin demand from institutional investors, as well as the market confidence in its ability to scale will fuel bitcoin price to move higher. (more...)
Sensex, Nifty Snap Five-day Losing Streak Sensex, Nifty Snap Five-day Losing Streak
- August 14, 2017

The S&P BSE mid-cap index rose by 2.49 per cent and the small-cap index by 2.48 per cent. The BSE Sensex and Nifty rebounded sharply on Monday, snapping a five-session selloff. The easing of geopolitical tensions between United States and North Korea had a positive impact on the market, according to media reports. The BSE midcap and smallcap indices on the BSE surged almost 2.5 per cent. (more...)
Merck's CEO quits Trump's council over Charlottesville Merck's CEO quits Trump's council over Charlottesville
- August 14, 2017

Tesla Inc CEO Elon Musk and Walt Disney Co CEO Robert Iger left the President's Strategic and Policy Forum , a business advisory group, in June, after Trump said he would withdraw from the Paris climate accord. The White House has rejected criticism of President Trump's response to the violence. Trump fought back with a dig against Frazier and the increasingly concerning drop in generic drug prices that has weighed on pharmaceutical companies. (more...)
Ratings Analysis of: Cypress Semiconductor Corporation (CY)
- August 14, 2017

As of the end of the quarter Capital Fund Management S.a. had acquired 310,616 shares growing its position 124.3%. During the session shares traded on above-average volume. Vanguard Group Inc. now owns 9,929,928 shares of the semiconductor company's stock valued at $66,133,000 after buying an additional 181,687 shares in the last quarter. (more...)
Big Ben to fall silent in London next week for repairs Big Ben to fall silent in London next week for repairs
- August 14, 2017

Because the clock mechanism will be temporarily out of action, a modern electric motor will drive the clock hands until the clock is reinstated. Clock mechanics who now work on Big Ben wear defenders but are only exposed to the bells for short period of time 'constant proximity to the chimes would pose a serious risk to their hearing, and would prevent efficient working'. (more...)
Utilitywise PLC (UTW) Given Consensus Recommendation of Utilitywise PLC (UTW) Given Consensus Recommendation of "Buy" by Analysts
- August 14, 2017

World Accep Corp Del now has $673.68 million valuation. The stock increased 1.35% or GBX 9.79 on August 4, reaching GBX 736.29. About 2.51 million shares traded. As per Thursday, October 29, the company rating was maintained by S&P Research. Barclays Capital maintained FirstEnergy Corp. The stock has "Market Outperform" rating by Avondale on Thursday, March 17. (more...)
Host Hotels & Resorts, Inc. (HST) Stock Rating Reaffirmed by Barclays PLC
- August 14, 2017

Harbour Capital Advisors, LLC cut its holdings by shedding 2,300 shares a decrease of 26.3% in the quarter. Acadian Asset Management LLC now owns 86,496 shares of the real estate investment trust's stock valued at $1,476,000 after buying an additional 61,422 shares in the last quarter. (more...)
Tech companies lead broad slide in USA stocks; oil rises Tech companies lead broad slide in USA stocks; oil rises
- August 14, 2017

S&P 500 e-minis were down 9.25 points, or 0.37 percent, with 296,288 contracts traded. Valeant Pharmaceuticals International, Inc. lost 1.58 Canadian dollars (1.24 USA dollars), or 9.4 percent, to 17.89 Canadian dollars (14.09 dollars), after the company said its subsidiaries in Australia were the subject of a tax audit. (more...)