Money


Admiral beats first half profit forecasts, raises payout Admiral beats first half profit forecasts, raises payout
- August 16, 2017

Admiral beat analysts' profit forecasts for the first six months of the year and surprised some observers by raising its half-year pay-out. Admiral's shares fell as much as 7% in early trading, making the stock the worst performer on the FTSE 100. (more...)
Prudential sells United States broker-dealer arm for $448 million Prudential sells United States broker-dealer arm for $448 million
- August 16, 2017

Keefe, Bruyette & Woods reiterated a "hold" rating and issued a $44.00 price objective on shares of LPL Financial Holdings in a research note on Tuesday, July 4th. Its down 0.13, from 0.96 in 2016Q3. On average, equities research analysts forecast that LPL Financial Holdings Inc. will post $2.62 EPS for the current year. (more...)
Diamond engagement ring missing for 13 years found on garden carrot Diamond engagement ring missing for 13 years found on garden carrot
- August 16, 2017

Today in WTF, an 84-year-old grandma who lost her diamond engagement ring more than 13 years ago has had it returned to her after the damn thing turned up on a carrot. Now, she said she believed if her husband was around, he might have gotten a kick out of the whole story. After it was lost she quickly replaced it. (more...)
Can analysts adopt a bullish outlook for BHP Billiton plc (LON:BLT)? Can analysts adopt a bullish outlook for BHP Billiton plc (LON:BLT)?
- August 16, 2017

A number of other brokerages also recently commented on BLT. Callahan Advisors LLC raised its position in BHP Billiton Limited by 20.4% in the first quarter. Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock. Morgan Stanley set a GBX 1,510 ($19.60) price target on BHP Billiton plc and gave the stock a "buy" rating in a research note on Wednesday, April 26th. (more...)
Domino's Pizza (NYSE:DPZ) Receives Market Perform Recommendation from Sanford C. Bernstein Domino's Pizza (NYSE:DPZ) Receives Market Perform Recommendation from Sanford C. Bernstein
- August 16, 2017

Here are some other firms who have updated their holdings. Ameriprise Financial Inc. raised its stake in shares of Domino's Pizza by 499.8% in the first quarter. This repurchase authorization authorizes the restaurant operator to reacquire up to 13.5% of its shares through open market purchases. shares repurchase plans are usually a sign that the firms leadership believes its Stocks are undervalued. (more...)
Energy Transfer Equity, LP En (NYSE:ETE) Sees Significantly Lower Trading Volume Energy Transfer Equity, LP En (NYSE:ETE) Sees Significantly Lower Trading Volume
- August 16, 2017

Brookfield Asset Management Inc. now owns 2,869,200 shares of the pipeline company's stock worth $56,609,000 after buying an additional 1,699,700 shares during the period. The company also recently announced a quarterly dividend, which will be paid on Monday, August 21st. The ex-dividend date was Thursday the 3rd of August 2017. (more...)
Melbourne most liveable city; Karachi, Dhaka among the least Melbourne most liveable city; Karachi, Dhaka among the least
- August 16, 2017

The liveability gong - it is the first time a city has claimed the mantle seven years running - prompted cheers from city hall and the state government while others queried the objective and meaningfulness of the survey. But the soaring cost of housing, along with the increasing threat of terrorism saw Sydney miss out on the top 10 for the second year in a row, to be ranked at 11th place. (more...)
Crude Oil Retreats Ahead Of Inventories Crude Oil Retreats Ahead Of Inventories
- August 16, 2017

U.S. West Texas Intermediate (WTI) crude futures were at $47.60 a barrel, up 5 cents, or 0.11 percent. That was the lowest settlement July 24, according to FactSet data. However, petrol stocks climbed by 301,000 barrels, compared with analyst expectations in a Reuters poll for a 1.1-million barrel decline. That would mark a seventh weekly decline in a row for the government data. (more...)
South Africa's Ruling Party To Discipline Lawmakers Against Zuma South Africa's Ruling Party To Discipline Lawmakers Against Zuma
- August 16, 2017

Following the judgment, the ANC accepted Zuma's apology. Zuma indicated over the weekend that ANC lawmakers who backed the motion should face disciplinary action and said he may consider firing Higher Education Minister Blade Nzimande, who has criticized his leadership. (more...)
Will grant medical visa in pending bonafide cases: Swaraj assures Pakistan Will grant medical visa in pending bonafide cases: Swaraj assures Pakistan
- August 16, 2017

Earlier, Tanveer had requested Swaraj to grant her a medical visa and said she should not be denied it as India is about to celebrate the auspicious occasion of its 70th Independence Day. Tanveer later appealed for her case to the politicians in Pakistan and in India. The external affairs minister had a few weeks back said that Pakistani nationals seeking visas for medical treatment in India must accompany their visa applications with a recommendation letter by the top diplomat. (more...)
Pound falls as inflation holds steady Pound falls as inflation holds steady
- August 16, 2017

Meanwhile the separate Retail Price Index (RPI) measure of inflation which the United Kingdom government uses to calculate the rise in regulated rail fares , rose to 3.6 per cent last month, from 3.5 per cent in June. That figure could prove controversial, however, given that United Kingdom rail fares are linked to RPI rates, and thus train operators will be able to increase ticket prices by 3.6% in January 2018. (more...)
UK Unemployment Rate Hits Lowest Level Since 1975 UK Unemployment Rate Hits Lowest Level Since 1975
- August 16, 2017

The Bank of England has nevertheless said it believes interest rates in the United Kingdom will need to rise faster than investors expect to keep inflation in check. "Despite the strong jobs picture, however, real earnings continue to decline", Matt Hughes, a senior labour market statistician at the ONS said in a statement. (more...)
Fiat Chrysler joins BMW-Intel autonomous auto tech alliance Fiat Chrysler joins BMW-Intel autonomous auto tech alliance
- August 16, 2017

Lowe's Companies, Inc. on 4/29/2017 reported its EPS as $1.37 with the analysts projecting the EPS of the stock as $1.42. The arrangement appears to be similar to the partnership Fiat Chrysler has with Waymo. Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. (NYSE:FCAU) last posted its quarterly earnings data on Thursday, July 27th. (more...)
Trump Pressures China On Trade; Executive Action Expected Monday Trump Pressures China On Trade; Executive Action Expected Monday
- August 16, 2017

The sanctions were in response to the North's two intercontinental ballistic missile tests last month, after which Kim boasted that he could now strike any part of the United States. The latest United Nations sanctions are meant to block North Korean exports worth one billion dollars (£768 million) - a significant share of total exports valued at three billion dollars (£2.3 billion) previous year. (more...)
China's massive debt is on a 'dangerous' trajectory China's massive debt is on a 'dangerous' trajectory
- August 16, 2017

For this year, the International Monetary Fund expects China's economy to grow 6.7 percent, unchanged from a forecast in July, above the government's target of about 6.5 per cent, though growth likely peaked in the first quarter. China's economy expanded 6.9 per cent in the first half of the year. The IMF acknowledged that China has made structural reforms in recent years, but noted that more was needed in order to genuinely get debt levels under control and grow the economy sustainably. (more...)
IMF Says Chinese Growth Built on Unsustainable Debt IMF Says Chinese Growth Built on Unsustainable Debt
- August 16, 2017

In its latest Article IV consultation report released on Tuesday, the Washington-based lender increased the growth forecast for the world's second largest economy for the 2017-2021 period to an average 6.4 percent from 6.0 percent predicted previous year. (more...)
How Analysts Feel About Hewlett Packard Enterprise Co (NYSE:HPE)?
- August 16, 2017

Over the past five trading sessions it is -0.28%; 2.27% for the month; -7.42% for the last quarter; -2.71% for the past six-months; and 7.2% for the last 12 months. Several research analysts have recently weighed in on HPE shares. Robert W. Baird reiterated a "hold" rating and set a $19.00 price target on shares of Hewlett Packard Enterprise in a research note on Wednesday, June 7th. (more...)
Uber defies suspension in Philippines Uber defies suspension in Philippines
- August 16, 2017

Uber appealed the order on Tuesday, and restarted its operations after briefly suspending it. LTFRB Chairman Martin Delgra III also stressed that the filing of a motion for reconsideration will not lift the suspension order. "This means that Uber's operations will continue until the motion is resolved". "We will now review whether or not to renew (Uber's) accreditation just like any TNC, we will (look at its) performance", Lizada said. (more...)
Where MagnaChip Semiconductor Corporation (MX) Stands in Analysts Ranking
- August 16, 2017

Shares recently touched 0.0030 on a recent bid. MagnaChip Semiconductor Corporation (NYSE:MX) was up +2.44% ($0.25) to $10.5 and showed a volume of 0.66 mln shares. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.25%. Susquehanna initiated Lattice Semiconductor Corp (NASDAQ:LSCC) on Tuesday, September 20 with "Positive" rating. (more...)
NA Holds Position in Halliburton Company (NYSE:HAL)
- August 16, 2017

The Fleet Solutions segment provides clients with payment and transaction processing services designed for the needs of commercial and government fleets. A month ago, analyst EPS consensus estimated earnings of US$0.34 per share. Therefore 89% are positive. Royal Bank Of Canada set a $65.00 target price on shares of Halliburton and gave the company a "buy" rating in a research note on Saturday, June 24th. (more...)