Money


UK House Price Inflation At 8-Month High
- October 18, 2017

The lowest annual growth was in London, where prices increased by 2.6 per cent over the year to £484,362, marking the ninth consecutive month when price growth in the capital has remained below the United Kingdom average. "With more rate rises potentially on the horizon, those nearing or beyond the end of their initial mortgage term should already be thinking about switching to a more suitable deal". (more...)
Omnicom Group Inc. (NYSE:OMC) Price to Cash in Focus
- October 18, 2017

Victory Capital Management Inc. now owns 23,567 shares of the business services provider's stock valued at $2,032,000 after buying an additional 5,398 shares during the period. Jefferies has "Hold" rating and $82.0 target. Omnicom Group Inc . has a 1-year low of $71.63 and a 1-year high of $89.66. About 4.70M shares traded or 144.79% up from the average. (more...)
Most Recent Analysts Ratings United Continental Holdings, Inc. (UAL)
- October 18, 2017

During the same period past year, the company earned $2.61 earnings per share. Analysts on average have given a price target of $74.88 to United Continental Holdings, Inc. UAL comes in with a P/S ratio of 0.55 that's below 1, potentially implying that it could be cheap relative to the overall sector (13.03) and its peers (90.23). (more...)
Earnings Estimates to see: Bed Bath & Beyond Inc. (BBBY)
- October 18, 2017

Telsey Advisory Group maintained Bed Bath & Beyond Inc. The trading saw a strength at $80.92, the 52-week high. KEMET Corporation (KEM) have shown a high EPS growth of 78.20% in the last 5 years and has earnings rose of 174.30% yoy. Amalgamated Bank boosted its holdings in shares of Bed Bath & Beyond by 0.3% during the first quarter. Amalgamated Bank now owns 10,575 shares of the retailer's stock valued at $417,000 after buying an additional 32 shares during the period. (more...)
Simon Property Group, Inc. (NYSE:SPG) Valuation According To Analysts
- October 18, 2017

The correct version of this news story can be read at https://stocknewstimes.com/2017/10/17/simmons-bank-has-1-67-million-position-in-simon-property-group-inc-spg.html. Based on the latest notes released to investors, 8 analysts have issued a rating of "buy", 9 analysts "outperform", 5 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". (more...)
Crown Casino 'tampered' with poker machines
- October 18, 2017

The whistleblowers allege the casino is active in helping some of its customers avoid detection for large transactions. "Moreover, there's software manipulation to increase gambler losses even further on weekends when the number of naive, first-time and casual users is obviously greater". (more...)
Doctor claims she wasn't allowed to sing national anthem on Delta flight
- October 18, 2017

A passenger aboard a Delta flight carrying a fallen soldier's casket was told she could not sing the national anthem to honor him. Delta confirmed to 11Alive that the company does not have a policy regarding the national anthem, but did not comment on this incident. (more...)
Gotham Asset Management LLC Acquires 89239 Shares of Louisiana-Pacific Corporation (LPX)
- October 18, 2017

About 7.47 million shares traded. Renaissance Technologies LLC reduced its stake in Louisiana-Pacific Corporation (NYSE: LPX ) by 9.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). (more...)
RBI to Axis: Tag Rs 4867cr loans as NPAs RBI to Axis: Tag Rs 4867cr loans as NPAs
- October 18, 2017

The Kochi-headquartered bank had registered a net profit of Rs 201.24 crore in September quarter previous year. The bank attributed the worsening in the bad-loan stockpile to nine accounts that were standard at the end of June being reclassified as NPAs in the September quarter on the direction of the Reserve Bank of India ( RBI ). (more...)
Up-to-date Analyst's Assessments: Johnson & Johnson (JNJ), Cabot Oil & Gas Corporation (COG)
- October 18, 2017

Finally, Brandywine Global Investment Management LLC bought a new position in shares of Cabot Corporation during the second quarter valued at $3,568,000. Cabot Oil & Gas Corporation had a negative net margin of 10.95% and a positive return on equity of 4.68%. The company had revenue of $705.00 million during the quarter, compared to the consensus estimate of $664.16 million. (more...)
Marc Faber will be asked to leave Sprott board after racist note Marc Faber will be asked to leave Sprott board after racist note
- October 18, 2017

Faber continued on to say that he's "not a racist", and that he just wanted to highlight "the reality - no matter how politically incorrect". Faber has since resigned from the board of Sprott , a Canadian asset management firm, at the request of the other directors. (more...)
Drone hits passenger plane in Canada Drone hits passenger plane in Canada
- October 18, 2017

The Beech King Air A100 with two crew members and six passengers was approaching Quebec City airport last Thursday when it struck the drone at an altitude of 1,500 feet. It's unclear "how law enforcement is going to be given the resources they need to make sure that that drone that you buy at the big-box store today doesn't cause an accident tomorrow", the CTV News technology analyst Carmi Levy said on a news broadcast . (more...)
Rio Tinto and Two Ex-Executives Charged With Fraud, SEC Says Rio Tinto and Two Ex-Executives Charged With Fraud, SEC Says
- October 18, 2017

The U.K.'s Financial Conduct Authority also said Tuesday it had reached a settlement with Rio Tinto under which the company would pay a fine of £27 million ($35.6 million) to settle claims that it breached accounting rules in connection with the Mozambique assets. (more...)
Seattle Genetics' (SGEN) "Hold" Rating Reaffirmed at SunTrust Banks, Inc
- October 18, 2017

That brings the President and CEO's holdings to $36,476,559 as recorded in a recent Form 4 SEC filing. The company saw a fall in short interest from September 15, 2017 to September 29, 2017 of -1.14%. (NASDAQ:SGEN). The stock has a current ATR of 1.79. Investors often keep a close eye on any irregular stock volume. Their average price target spell out an upbeat performance - a -4% and would give SGEN a market capitalization of almost $8.59B. (more...)
Sonora Investment Management, LLC Raises Its Ownership in Southwest Airlines Company (LUV)
- October 18, 2017

Southwest Airlines Co . ( LUV ) stock price rose 42.87 percent over the past one year, while increased 8.86 percent during the past 6 months. It has outperformed by 20.93% the S&P500. (NYSE:NRZ) has gone stronger by 24.2%. Citigroup initiated the stock with "Buy" rating in Friday, November 18 report. Investors sentiment decreased to 0.83 in Q2 2017. (more...)
Negotiations continue over insurance payments on Capitol Hill Negotiations continue over insurance payments on Capitol Hill
- October 18, 2017

Some Republicans have said they do not wish to provide what they describe as a bailout to insurers. "This is an agreement I am proud to support", said Murray on the Senate floor, "because of the message it sends about how to get things done". (more...)
Bajaj Auto Q2 profit falls marginally YoY to Rs 1112 crore
- October 18, 2017

The company received Rs 618 crore as share of profit after tax of associate companies, up from Rs 543 crore a year ago. The revenues for this fiscal year are not comparable to the previous numbers because they are disclosed net of the goods and services tax (GST), the company said in a BSE statement. (more...)
Barrick Gold Reports Preliminary Q3 Production
- October 18, 2017

The Average Volume of the company is 10.18 Million, while the Volume of the company in the last trading session was 6.27 Billion. We have $7.91 PT which if reached, will make NYSE:ELVT worth $21.57 million more. BMO Capital Markets upgraded Kinross Gold Corporation (USA) (NYSE: KGC ) on Monday, February 8 to "Outperform" rating. The firm earned "Buy" rating on Thursday, August 13 by Deutsche Bank. (more...)
M/A-COM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Valuation According To Analysts
- October 18, 2017

Needham maintained MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI ) rating on Tuesday, September 5. It has outperformed by 46.14% the S&P500. If the ratio is less than 1, then we can determine that there has been a decrease in price. Its down 0.12, from 0.95 in 2017Q1. ( MTSI ) is recuperating from the fall at $35.33, the 52-week low. (more...)
UnitedHealth Group Incorporated Earnings Watch & Stock Update
- October 18, 2017

Mufg Americas holds 57,651 shares or 0.34% of its portfolio. UnitedHealth Group Incorporated (NYSE: UNH ) has a 20-Day average volume of 3.11 Million. Net earnings reported by UnitedHealth Group Inc in the third quarter of the year was $2.56 billion . UnitedHealth's shares were up 1.4 percent at $196 in light premarket trading. (more...)

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