Money


Wipro reports 6% YoY Q2 profit growth at Rs 2190 crore Wipro reports 6% YoY Q2 profit growth at Rs 2190 crore
- October 17, 2017

Revenue from IT services overall increased to 131.69 billion rupees ($2.03 billion) from 131.37 billion rupees, slightly above its forecast of a range of $1.96 billion to $2 billion. "Productivity gains generated by holmes automation suite, operational efficiencies overcame incremental impact of wage hikes", the company said in a post- results statement. (more...)
(ADP) Holdings Decreased by West Oak Capital, LLC
- October 17, 2017

Blackhawk Network Hldgs Inc now has $1.97 billion valuation. Parametric Assoc Ltd Liability invested in 65,329 shares or 0% of the stock. About 344,549 shares traded. North Star Management Corporation has invested 0.01% in Automatic Data Processing (NASDAQ:ADP). Automatic Data Processing (ADP) opened at 113.86 on Monday. (more...)
Morgan Stanley's earnings rise in Q3 Morgan Stanley's earnings rise in Q3
- October 17, 2017

Davidson Investment Advisors now owns 291,525 shares of the financial services provider's stock worth $12,486,000 after purchasing an additional 7,462 shares during the period. Morgan Stanley (NYSE:MS) notched a -0.6% intraday decline moving at $48.3. The company has a 50-day moving average price of $47.26 and a 200-day moving average price of $45.05. (more...)
ANZ Finally Sells Wealth Unit
- October 17, 2017

ANZ will sell its superannuation and financial planning businesses to IOOF Holdings for $975 million - and is still weighing what to do with life insurance. Last year, National Australia Bank Ltd. (NAB.AU) agreed to a A$2.4 billion deal to sell control of its life-insurance business and Macquarie Group Ltd. (more...)
United Kingdom inflation hits five-year high of 3% United Kingdom inflation hits five-year high of 3%
- October 17, 2017

The base rate has been at 0.25 per cent since a year ago, but policymakers have said that if the economy continues on the same path, rates will soon need to rise. However, the bigger question was where the Bank went to after that given that inflation had probably now peaked and the economy was slowing down in response to Brexit. (more...)
Hall Laurie J Trustee Cuts Stake in Applied Materials, Inc. (AMAT)
- October 17, 2017

Patten & Patten Inc sold 10,500 shares as Applied Materials Inc . The Agf Investments Inc holds 515,630 shares with $21.31M value, down from 1.99M last quarter. Its down 0.33, from 1.15 in 2017Q1. It dived, as 48 investors sold AMAT shares while 346 reduced holdings. 45 funds opened positions while 112 raised stakes. (more...)
Mizuho Analysts Give Rite Aid Corporation (RAD) a $2.00 Price Target
- October 17, 2017

Rather than make assumptions, investors should carefully read the definitions of all ratings used in each research report. Rite Aid had 21 analyst reports since August 6, 2015 according to SRatingsIntel. Wellington Grp Incorporated Limited Liability Partnership has invested 0% of its portfolio in Rite Aid Corporation (NYSE: RAD ). In contrast to the year ago quarter EPS was at 0.09. (more...)
Value of supermarket sales grows 3.1pc Value of supermarket sales grows 3.1pc
- October 17, 2017

Market leader Tesco PLC (LON:TSCO) saw its sales grow 2.1%, while J Sainsbury plc (LON:SBRY) and Wal-Mart's Asda saw growth of 1.9% and 1.8% respectively. However, Waitrose has nudged ahead of Lidl in terms of market share, after sales increased 2.3 per cent. McKevitt said that in the 12 weeks only 18% of the population bought groceries online, he noted that "online specialists and the traditional supermarkets will both be looking to capitalise on the potential for long-term growth ... (more...)
As Congress naps, Trump acts on Obamacare As Congress naps, Trump acts on Obamacare
- October 17, 2017

His new executive order ends critical payments to health insurers that help millions of lower-income Americans afford coverage. Q: What about people who buy individual health insurance policies outside the Obamacare market and don't get help under the ACA? But remember, many Americans already face double digit increases in Obamacare premiums this year. (more...)
What Do Analysts Suggest For UnitedHealth Group Incorporated (UNH) What Do Analysts Suggest For UnitedHealth Group Incorporated (UNH)
- October 17, 2017

It has outperformed by 10.67% the S&P500. Unitedhealth Group Inc now has $186.14B valuation. Fayez Sarofim & Company increased Unitedhealthgroupinc ( UNH ) stake by 35.25% reported in 2017Q2 SEC filing. The stock of UnitedHealth Group Inc (NYSE:UNH) earned "Buy" rating by Cantor Fitzgerald on Wednesday, August 16. 93,592 are owned by Braun Stacey Associate. (more...)
Invesco Muni Trust (VKQ) Moves -0.24%
- October 17, 2017

Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. As we move deeper into the year, investors will be closely tracking the next few earnings periods. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. (more...)
Shares Trading Above Chikou: S&P 500 Real Estate Sector SPDR (XLRE)
- October 17, 2017

Maintaining discipline can be one of the most important factors. Several other large investors also recently modified their holdings of the company. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally. Currently, the 14-day ADX for S&P 500 Value ETF SPDR (SPYV) is sitting at 30.88. (more...)
'Trailer Park Boys' Star John Dunsworth Dead at 71 'Trailer Park Boys' Star John Dunsworth Dead at 71
- October 17, 2017

In a 2010 interview with the Sarnia Observer , Dunsworth joked that he was nothing like his famed Trailer Park Boys character. Condolences for the beloved actor were pouring in on social media, including several from his fellow " Trailer Park Boys " cast members. (more...)
Schlumberger NV (NYSE:SLB) Price Target Raised to $80.00 Schlumberger NV (NYSE:SLB) Price Target Raised to $80.00
- October 17, 2017

Schlumberger N.V. provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry. It has outperformed by 55.06% the S&P500. Analysts predict that Schlumberger N.V. will post $1.52 earnings per share for the current year. A total of 34 brokerages have released a report on Schlumberger Limited. (more...)
First Industrial Realty Trust, (NYSE:FR) Sees Significantly Lower Trading Volume
- October 17, 2017

The company was upgraded on Thursday, March 23 by Raymond James. 735,028 shares of the stock were exchanged. A month ago, they told us to expect earnings of US$0.11 per share while three months ago their EPS consensus estimate was US$0.13. Therefore 50% are positive. Healthcare Realty Trust Incorporated (NYSE:HR) soared 6.73% year-to-date. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company's stock. (more...)
Earnings at the Forefront For The Goldman Sachs Group, Inc
- October 17, 2017

Other large investors also recently modified their holdings of the company. Goldman Sachs Group, Inc. has a one year low of $168.45 and a one year high of $255.15. They noted that the move was a valuation call. Scott And Selber stated it has 1.74% in Goldman Sachs Group Inc (NYSE:GS). BB&T Capital initiated the shares of WGL in report on Wednesday, March 30 with "Hold" rating. (more...)
Financial Watchlist of Sirius XM Holdings Inc. (NASDAQ:SIRI) Financial Watchlist of Sirius XM Holdings Inc. (NASDAQ:SIRI)
- October 17, 2017

The institutional investor owned 3,914,686 shares of the company's stock after selling 1,033,556 shares during the quarter. Janus Henderson Group PLC grew its stake in shares of Sirius XM Holdings by 3,767.6% during the 2nd quarter. The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be issued a dividend of $0.011 per share. (more...)
CME Group Inc. (CME), Celgene Corporation (CELG)
- October 17, 2017

The institutional investor held 113,304 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $14.72M, down from 116,386 at the end of the previous reported quarter. Since June 15, 2017, it had 0 insider purchases, and 3 insider sales for $2.36 million activity. 5,000 shares were sold by Friedman Michael A , worth $625,000. (more...)
Nuggets waive Jameer Nelson to sign ex-Cavs Richard Jefferson Nuggets waive Jameer Nelson to sign ex-Cavs Richard Jefferson
- October 17, 2017

The Cavs traded the 37-year-old to the Atlanta Hawks along with Kay Felder. When the Atlantic Hawks waived Jefferson, it emerged that there are several teams interested in having the veteran player on their roster. Jefferson will bring a veteran presence and championship pedigree to a young and inexperienced Nuggets squad. RICHARD Jefferson found himself wanted after getting traded away by the Cleveland Cavaliers just as the new National Basketball Association season opens. (more...)
New Zealand CPI Climbs To 0.5% In Q3 New Zealand CPI Climbs To 0.5% In Q3
- October 17, 2017

The annual pace of growth was 1.9 percent, beating analysts' expectations for a 1.8 percent rise. Local authority rates were up 3.8% nationwide compared to a year earlier. "That will have fed into the September 30 quarter and probably explains a good part of that 6 percent increase", he said. "There has been a significant loss due to methamphetamine contamination of some properties, particularly rental properties". (more...)