Money
Lyft Bulks Up With $1 Billion in Funding
- October 20, 2017
Uber has been valued at as much as $70bn. "2017 has been an important year for the Lyft community". 'The fact remains that less than 0.5pc of miles travelled in the U.S. That company is integrated into a number of Google products and services, from Google Assistant to Google Maps. The startup on Thursday said it raised $1 billion in funding led by a venture-capital fund of Google parent Alphabet Inc., giving Lyft financial ammunition as it eyes a first-time expansion beyond the USA and ... (more...)
- October 20, 2017
Uber has been valued at as much as $70bn. "2017 has been an important year for the Lyft community". 'The fact remains that less than 0.5pc of miles travelled in the U.S. That company is integrated into a number of Google products and services, from Google Assistant to Google Maps. The startup on Thursday said it raised $1 billion in funding led by a venture-capital fund of Google parent Alphabet Inc., giving Lyft financial ammunition as it eyes a first-time expansion beyond the USA and ... (more...)
SunCoke Energy Partners, LP (SXCP) Downgraded by ValuEngine
- October 20, 2017
SunCoke Energy Partners, L.P.is based in Lisle, Illinois. About 240,613 shares traded. Morgan Stanley reported 0% of its portfolio in SunCoke Energy Inc (NYSE:SXC). Dorsey & Whitney Trust Comm Lc has 36,257 shares. 10,010 are held by Profund Advisors. Since May 9, 2017, it had 1 insider purchase, and 0 insider sales for $80,800 activity. (more...)
- October 20, 2017
SunCoke Energy Partners, L.P.is based in Lisle, Illinois. About 240,613 shares traded. Morgan Stanley reported 0% of its portfolio in SunCoke Energy Inc (NYSE:SXC). Dorsey & Whitney Trust Comm Lc has 36,257 shares. 10,010 are held by Profund Advisors. Since May 9, 2017, it had 1 insider purchase, and 0 insider sales for $80,800 activity. (more...)
MPs question Hammond over Bank of England's lack of senior women
- October 20, 2017
The Treasury select committee has warned the Treasury it will refuse to approve future high level appointments if the government fails to pursue gender diversity at the senior level of the Bank of England . The Treasury said: "Our recruitment process is fair and open for senior appointments to the Bank of England, but we recognise there is still more to do to improve diversity". (more...)
- October 20, 2017
The Treasury select committee has warned the Treasury it will refuse to approve future high level appointments if the government fails to pursue gender diversity at the senior level of the Bank of England . The Treasury said: "Our recruitment process is fair and open for senior appointments to the Bank of England, but we recognise there is still more to do to improve diversity". (more...)
U.S. stocks slip but Dow Jones holds above 23000
- October 20, 2017
Other high-flying stocks - Amazon ( AMZN.O ), Facebook ( FB.O ), Alphabet ( GOOGL.O ) and Netflix ( NFLX.O ) - were down as well. The Dow Jones Industrial Average was down 91.47 points, or 0.39 per cent, at 23,066.13, the SP 500 was down 9.92 points, or 0.39 per cent, at 2,551.34 and the Nasdaq Composite was down 50.38 points, or 0.76 per cent, at 6,573.84. (more...)
- October 20, 2017
Other high-flying stocks - Amazon ( AMZN.O ), Facebook ( FB.O ), Alphabet ( GOOGL.O ) and Netflix ( NFLX.O ) - were down as well. The Dow Jones Industrial Average was down 91.47 points, or 0.39 per cent, at 23,066.13, the SP 500 was down 9.92 points, or 0.39 per cent, at 2,551.34 and the Nasdaq Composite was down 50.38 points, or 0.76 per cent, at 6,573.84. (more...)
Last auto built in Australia rolls off GM line
- October 20, 2017
The last Ford factory closed in October 2016, after 91 years in the industry, while Toyota's 54-year tenure ended earlier this month. The final Commodore will be feted by staff at a private ceremony inside the company's Elizabeth assembly operations on Friday before the remaining 955 workers leave the plant for the last time. (more...)
- October 20, 2017
The last Ford factory closed in October 2016, after 91 years in the industry, while Toyota's 54-year tenure ended earlier this month. The final Commodore will be feted by staff at a private ceremony inside the company's Elizabeth assembly operations on Friday before the remaining 955 workers leave the plant for the last time. (more...)
What Does Wall Street Say about Time Warner Inc. (NYSE:TWX)?
- October 20, 2017
About 631,194 shares traded. Luminex Corporation (NASDAQ:LMNX) has risen 6.31% since October 19, 2016 and is uptrending. It has outperformed by 4.05% the S&P500. The stock has "Hold" rating by RBC Capital Markets on Monday, June 12. Investors of record on Tuesday, October 10th will be paid a dividend of $0.4025 per share. (more...)
- October 20, 2017
About 631,194 shares traded. Luminex Corporation (NASDAQ:LMNX) has risen 6.31% since October 19, 2016 and is uptrending. It has outperformed by 4.05% the S&P500. The stock has "Hold" rating by RBC Capital Markets on Monday, June 12. Investors of record on Tuesday, October 10th will be paid a dividend of $0.4025 per share. (more...)
Acacia Mining Q3 Profit, Production Down; Updates On Talks In Tanzania
- October 20, 2017
Tanzania introduced a ban on exports of unprocessed gold and copper and introduced laws that increase its ownership of mines as it believes it is not getting a fair share of its minerals. "In order to preserve our balance sheet and the long-term viability of our business we took a range of actions including the transition of Bulyanhulu to a reduced operational state, changing the processing flow sheet at Buzwagi to enable the mine to sell all of the gold it produces, and securing a US$1,300/oz ... (more...)
- October 20, 2017
Tanzania introduced a ban on exports of unprocessed gold and copper and introduced laws that increase its ownership of mines as it believes it is not getting a fair share of its minerals. "In order to preserve our balance sheet and the long-term viability of our business we took a range of actions including the transition of Bulyanhulu to a reduced operational state, changing the processing flow sheet at Buzwagi to enable the mine to sell all of the gold it produces, and securing a US$1,300/oz ... (more...)
Wall Street Analysts See 1.3% for The Procter & Gamble Company (NYSE:PG)
- October 20, 2017
Among 5 analysts covering Genesis Healthcare ( NYSE:GEN ), 1 have Buy rating, 2 Sell and 2 Hold. Edge Wealth Management LLC now owns 1,640 shares of the company's stock valued at $148,000 after buying an additional 240 shares during the last quarter. (more...)
- October 20, 2017
Among 5 analysts covering Genesis Healthcare ( NYSE:GEN ), 1 have Buy rating, 2 Sell and 2 Hold. Edge Wealth Management LLC now owns 1,640 shares of the company's stock valued at $148,000 after buying an additional 240 shares during the last quarter. (more...)
Citigroup Inc. Increases Edison International (EIX) Price Target to $87.00
- October 20, 2017
We have $81.02 PT which if reached, will make NYSE: EIX worth $768.90M more. RGCO's SI was 195,900 shares in October as released by FINRA. The SI to Rgc Resources Incorporated's float is 3.15%. The original version of this piece can be accessed at https://stocknewstimes.com/2017/10/19/citigroup-inc-increases-edison-international-eix-price-target-to-87-00.html. (more...)
- October 20, 2017
We have $81.02 PT which if reached, will make NYSE: EIX worth $768.90M more. RGCO's SI was 195,900 shares in October as released by FINRA. The SI to Rgc Resources Incorporated's float is 3.15%. The original version of this piece can be accessed at https://stocknewstimes.com/2017/10/19/citigroup-inc-increases-edison-international-eix-price-target-to-87-00.html. (more...)
Royal Dutch Shell Plc 15.2% Potential Upside Indicated by Jefferies International
- October 20, 2017
The company has market cap of $199.22 billion. It has a 18.64 P/E ratio. The Firm operates through two divisions: Citicorp and Citi Holdings. A total of 23 equity analysts have released a research note on RDSB. It has underperformed by 16.70% the S&P500. A number of other equities analysts have also recently commented on RDSA. Therefore 68% are positive. With a total market value of 0 GBX, Royal Dutch Shell has price-earnings ratio of 23.90 with a one year low of 2,006.00GBX and a one ... (more...)
- October 20, 2017
The company has market cap of $199.22 billion. It has a 18.64 P/E ratio. The Firm operates through two divisions: Citicorp and Citi Holdings. A total of 23 equity analysts have released a research note on RDSB. It has underperformed by 16.70% the S&P500. A number of other equities analysts have also recently commented on RDSA. Therefore 68% are positive. With a total market value of 0 GBX, Royal Dutch Shell has price-earnings ratio of 23.90 with a one year low of 2,006.00GBX and a one ... (more...)
Shin Kori commission recommends resuming nuclear reactor project
- October 20, 2017
The panel said 59.5 percent of the jury supported the resumption of the project while 40.5 percent backed its abandonment. Presidential spokesman Park Soo-hyun told reporters that the top office will ensure the government initiates measures that adhere to the committee's counsel. (more...)
- October 20, 2017
The panel said 59.5 percent of the jury supported the resumption of the project while 40.5 percent backed its abandonment. Presidential spokesman Park Soo-hyun told reporters that the top office will ensure the government initiates measures that adhere to the committee's counsel. (more...)
Pollution Killed 25 Lakh People In India In 2015, Says Lancet Study
- October 20, 2017
Overall the rate of death attributable to pollution in the United Kingdom was 78.68 per 100,000 deaths. In every country, said the study, diseases caused by pollution is most prevalent among minorities and the marginalized sections. The Lancet report identifies air pollution, mostly caused by the burning of various fuels, as the worst killer. Lead pollution was linked to 500,000 deaths that resulted from high blood pressure, renal failure, and cardiovascular disease caused by lead in ... (more...)
- October 20, 2017
Overall the rate of death attributable to pollution in the United Kingdom was 78.68 per 100,000 deaths. In every country, said the study, diseases caused by pollution is most prevalent among minorities and the marginalized sections. The Lancet report identifies air pollution, mostly caused by the burning of various fuels, as the worst killer. Lead pollution was linked to 500,000 deaths that resulted from high blood pressure, renal failure, and cardiovascular disease caused by lead in ... (more...)
Wall Street Analysts See 19.8% for Anadarko Petroleum Corporation (NYSE:APC)
- October 20, 2017
Recent insider trends for Anadarko Petroleum Corporation (NYSE: APC ) have caught the attention of investors. The stock has "Outperform" rating by Credit Suisse on Wednesday, February 3. Sentry Investment Management LLC boosted its holdings in Anadarko Petroleum Corporation by 183.2% in the second quarter. 300 were reported by Evercore Wealth Mngmt Ltd Liability Corp. (more...)
- October 20, 2017
Recent insider trends for Anadarko Petroleum Corporation (NYSE: APC ) have caught the attention of investors. The stock has "Outperform" rating by Credit Suisse on Wednesday, February 3. Sentry Investment Management LLC boosted its holdings in Anadarko Petroleum Corporation by 183.2% in the second quarter. 300 were reported by Evercore Wealth Mngmt Ltd Liability Corp. (more...)
Earnings on the Doorstep For General Electric Company
- October 20, 2017
General Electric Company (NYSE:GE)'s stock had its "sell" rating reissued by equities research analysts at J P Morgan Chase & Co in a research note issued on Thursday. Apg Asset Management Nv owns 0.17% invested in Reynolds American, Inc. 80,227 were accumulated by B And T Mngmt Dba Alpha Mngmt. BlackRock Inc. now owns 517,315,514 shares of the conglomerate's stock worth $13,972,691,000 after purchasing an additional 19,422,516 shares during the period. (more...)
- October 20, 2017
General Electric Company (NYSE:GE)'s stock had its "sell" rating reissued by equities research analysts at J P Morgan Chase & Co in a research note issued on Thursday. Apg Asset Management Nv owns 0.17% invested in Reynolds American, Inc. 80,227 were accumulated by B And T Mngmt Dba Alpha Mngmt. BlackRock Inc. now owns 517,315,514 shares of the conglomerate's stock worth $13,972,691,000 after purchasing an additional 19,422,516 shares during the period. (more...)
Investors' Alert: Pioneer Natural Resources Co. (PXD)
- October 20, 2017
Ibm Retirement Fund increased Pioneer Nat Res Co (PXD) stake by 127.63% reported in 2017Q2 SEC filing. The stock decreased 0.91% or $0.01 on October 17, reaching $1.09. Covington Cap Mgmt accumulated 0.07% or 5,234 shares. Tributary Capital Management Llc owns 880,947 shares or 0.89% of their United States portfolio. (more...)
- October 20, 2017
Ibm Retirement Fund increased Pioneer Nat Res Co (PXD) stake by 127.63% reported in 2017Q2 SEC filing. The stock decreased 0.91% or $0.01 on October 17, reaching $1.09. Covington Cap Mgmt accumulated 0.07% or 5,234 shares. Tributary Capital Management Llc owns 880,947 shares or 0.89% of their United States portfolio. (more...)
Jeff Bezos at 300 feet, launches Amazon's biggest wind farm
- October 20, 2017
Together, the five projects will generate more than 2.6 million MWh of renewable energy each year, or enough to power more than 240,000 U.S. homes. According to Forbes , the company's latest renewable energy project, which has been built and is owned by Lincoln Clean Energy, secured tax equity from Bank of America Merrill Lynch and GE Energy Financial Services, largely because Amazon is purchasing 90 per cent of its power output. (more...)
- October 20, 2017
Together, the five projects will generate more than 2.6 million MWh of renewable energy each year, or enough to power more than 240,000 U.S. homes. According to Forbes , the company's latest renewable energy project, which has been built and is owned by Lincoln Clean Energy, secured tax equity from Bank of America Merrill Lynch and GE Energy Financial Services, largely because Amazon is purchasing 90 per cent of its power output. (more...)
CEO of Goldman Sachs hints at further Brexit move
- October 20, 2017
Earlier this month, Reuters reported that the bank, which now employs around 6,000 people in London , had agreed to lease 10,000 square metres of office space in a new building in Frankfurt, providing space for up to 1,000 staff. Several global banks, insurers and asset managers are preparing to shift portions of their United Kingdom operations to the continent in preparation for Britain's divorce from the EU. (more...)
- October 20, 2017
Earlier this month, Reuters reported that the bank, which now employs around 6,000 people in London , had agreed to lease 10,000 square metres of office space in a new building in Frankfurt, providing space for up to 1,000 staff. Several global banks, insurers and asset managers are preparing to shift portions of their United Kingdom operations to the continent in preparation for Britain's divorce from the EU. (more...)
Cenovus Energy Inc (USA) (CVE) EPS Estimated At $0.05
- October 20, 2017
The brokerage presently has a $11.00 target price on the oil and gas company's stock. "By leveraging our reservoir knowledge, oilfield services technology and project management expertise, we expect to lower development costs and maximize the value of this asset - in a market where our traditional business model is challenged to deliver the required financial returns". (more...)
- October 20, 2017
The brokerage presently has a $11.00 target price on the oil and gas company's stock. "By leveraging our reservoir knowledge, oilfield services technology and project management expertise, we expect to lower development costs and maximize the value of this asset - in a market where our traditional business model is challenged to deliver the required financial returns". (more...)
Storm Brian: 80mph winds, traffic delays and blackouts expected
- October 20, 2017
In order for it to be categorised as a weather bomb the central pressure of the low pressure system must fall 24 millibars inside a 24 hour period. The second named storm of the season has prompted the UK Met Office has issued a yellow warning for a spell of strong south-westerly winds on Saturday, potentially causing large waves and flooding. (more...)
- October 20, 2017
In order for it to be categorised as a weather bomb the central pressure of the low pressure system must fall 24 millibars inside a 24 hour period. The second named storm of the season has prompted the UK Met Office has issued a yellow warning for a spell of strong south-westerly winds on Saturday, potentially causing large waves and flooding. (more...)
Epic fail: new auto owners blast technology in Consumer Reports reliability survey
- October 20, 2017
In a repeat of last year's results, it was the only Detroit Three brand to rank in the top 10. But Kia, a brand long dismissed for questionable quality, came in third, a surge reflected by several other recent studies. The Tesla brand, overall, remains below average in expected reliability, in Consumer Reports' estimation, due to continued troubles with the Model X SUV. (more...)
- October 20, 2017
In a repeat of last year's results, it was the only Detroit Three brand to rank in the top 10. But Kia, a brand long dismissed for questionable quality, came in third, a surge reflected by several other recent studies. The Tesla brand, overall, remains below average in expected reliability, in Consumer Reports' estimation, due to continued troubles with the Model X SUV. (more...)
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