Money


Merck CEO, a Bucks County resident, resigns from presidential council Merck CEO, a Bucks County resident, resigns from presidential council
- August 17, 2017

Trump said he would dissolve the American Manufacturing Council and the Strategic and Policy Forum after eight executives including Campbell Soup Co CEO (CPB.N) Denise Morrison and 3M Co CEO (MMM.N) Inge Thulin quit the panels. Lockheed Martin: "We don't have a comment". The president has repeatedly drawn fire for his relations with white nationalist groups and his handling of issues related to minorities. (more...)
Today's Brokerage Rating: NetApp, Inc. (NTAP), Chubb Limited (CB) Today's Brokerage Rating: NetApp, Inc. (NTAP), Chubb Limited (CB)
- August 17, 2017

IL acquired a new position in NetApp during the first quarter valued at about $216,000. Moreover, Lyons Wealth Management Llc. has 2.37% invested in the company for 49,245 shares. The correct version of this report can be accessed at https://sportsperspectives.com/2017/08/16/mn-services-vermogensbeheer-b-v-buys-37513-shares-of-netapp-inc-ntap-updated-updated-updated.html. (more...)
Canadian Natural Resources Limited (CNQ) Shares Sold by APG Asset Management NV
- August 17, 2017

Hedge funds and other institutional investors own 60.27% of the company's stock. Argent Com holds 0.07% of its portfolio in Pioneer Natural Resources (NYSE:PXD) for 1,370 shares. If you are accessing this report on another website, it was illegally stolen and reposted in violation of United States & global copyright and trademark laws. (more...)
Trump's probe on China intellectual property theft could spur change Trump's probe on China intellectual property theft could spur change
- August 17, 2017

The Commerce Ministry announced a ban on imports of iron ore, iron, lead and coal from North Korea effective Tuesday - although China will continue to clear goods that have already arrived in port until September 5. "They know how I feel", he told reporters on Thursday. The sanctions approved by the UN Security Council earlier this month included a ban on imports of coal, iron ore, iron and lead from the country. (more...)
Infosys shares surge as board to consider buyback on August 19 Infosys shares surge as board to consider buyback on August 19
- August 17, 2017

The board of Infosys, India's second largest software services firm, will meet on August 19 to consider a Rs 13,000-crore share buyback proposal. The same was disclosed after a filing to stock exchanges late on Wednesday evening. Infosys stock jumped 3.91% to Rs1,015 on BSE. A share buyback is a tax effective way to distribute accumulated cash to shareholders, thereby increasing their return on investment, analysts say. (more...)
Target second-quarter profit, sales beat view as customer traffic rises Target second-quarter profit, sales beat view as customer traffic rises
- August 17, 2017

The retailer anticipates 2018 adjusted earnings of between $4.30 and $4.40 per share. Eastern Bancorporation has 0.04% invested in Wal-Mart Stores Inc (NYSE:WMT). A number of equities analysts recently weighed in on the company. Goldman Sachs maintained the shares of WMT in report on Wednesday, April 6 with "Neutral" rating. (more...)
Stocks Reach Important Points: Independence Realty Trust, Inc. (IRT), Exelixis, Inc. (EXEL)
- August 17, 2017

The target implies a 2.13% spike from where the shares are now trading. Seacoast Banking Corp (NASDAQ:SBCF) was raised too. ESRT is already driving a -0.53% loss over the course of the past year and is now up 1.63% since this point in 2017. (more...)
HDFC Bank Revises Interest Rates On Saving Accounts HDFC Bank Revises Interest Rates On Saving Accounts
- August 17, 2017

The bank would pay interest of 5 per cent on balance above Rs 1 crore. Under the new structure, the interest rate revision impact on customers with lower balance is negligible while the saving bank accounts with higher balance will attract higher interest. (more...)
Transocean's (NYSE:RIG) Hold Rating Reiterated at Jefferies Group LLC Transocean's (NYSE:RIG) Hold Rating Reiterated at Jefferies Group LLC
- August 17, 2017

Deutsche Bank AG dropped their price objective on Transocean from $8.00 to $7.00 and set a "hold" rating for the company in a research note on Tuesday, April 18th. Creative Planning increased its stake in Transocean by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 12,383,504 shares of the offshore drilling services provider's stock valued at $154,170,000 after buying an additional 1,254,887 shares during the period. (more...)
USA stocks rise after Fed minutes USA stocks rise after Fed minutes
- August 17, 2017

The minutes rekindled debate on the timing for future policy moves, including when the central bank will begin winding down its balance sheet, as economic data continue to paint a mixed picture on the strength of the American economy. The greenback reached a high of Y110.948 against the Japanese Yen Wednesday, but has since pulled back to around Y110.175. Benchmark 10-year notes US10YT=RR last rose 10/32 in price to yield 2.2325 percent, from 2.266 percent late on Tuesday. (more...)
Changes coming for PC Financial customers Changes coming for PC Financial customers
- August 17, 2017

A change in the Canadian banking industry is about to happen. "The banks are revamping their user interface continuously". At the same time, both CIBC and President's Choice Bank , a subsidiary of Loblaw Companies , announced the end of their 20-year business relationship. (more...)
Direct Line Insurance Group PLC Direct Line Insurance Group PLC
- August 17, 2017

As per Wednesday, August 16, the company rating was maintained by Liberum Capital. The rating was maintained by Panmure Gordon with "Buy" on Wednesday, January 11. Ubs Asset Americas owns 169,193 shares or 0.01% of their U.S. portfolio. Amalgamated Savings Bank owns 12,536 shares. Css Ltd Liability Corp Il holds 0.01% or 17,381 shares. (more...)
Kingfisher sales drops in second quarter Kingfisher sales drops in second quarter
- August 17, 2017

Sales at B&Q tumbled in the second quarter, with the firm blaming wetter than usual summer weather for the slump. As well as weakness in the French market, the firm said it's dealing with disruption from its restructuring plan, and it didn't have the luck of good weather to boost sales, as it benefited from this time past year. (more...)
India institutes price caps for orthopedic knee implants India institutes price caps for orthopedic knee implants
- August 17, 2017

Cobalt-chromium implants are now sold at prices ranging from ₹1.5-2.5 lakh, the Minister said. The decision is expected to save patients about Rs 1,500 crore annually on surgeries, and the move comes about five months after a similar decision to cap prices of cardiac stents. (more...)
Domestic flights may charge higher prices if commuters baggage exceeds 15 kg Domestic flights may charge higher prices if commuters baggage exceeds 15 kg
- August 17, 2017

You could have to shell out as much as Rs 350 per kilo if you're flying on a domestic airline with extra luggage. Government-owned Air India, however, allow passengers to fly with 25 kg of free check-in luggage. The order was challenged by the Federation of Indian Airlines, which has carriers like IndiGo, Jet, GoAir and SpiceJet as its members. The Delhi High Court has put a stay on the extra Rs 100 fee that was charged by the private airlines. (more...)
Wildfires near Greek capital under control Wildfires near Greek capital under control
- August 17, 2017

Greece on Tuesday pleaded for assistance from European neighbours to help battle wild fires including a blaze ravaging a forest near Athens . But Malliri said active fronts remained on the island of Zakynthos and in the western Peloponnese, though the situation was improving there as well. (more...)
Three More Business Leaders Leave Trump's Manufacturing Council Three More Business Leaders Leave Trump's Manufacturing Council
- August 17, 2017

Richard Trumka said in a statement posted on Twitter that he "cannot sit on a council for a President who tolerates bigotry and domestic terrorism", and called Tuesday's remarks "the last straw". On Monday, in a statement, Trump denounced neo-Nazis and the Ku Klux Klan as criminals and thugs, bowing to mounting political pressure as critics assailed him for not singling out white supremacists. (more...)
LLC Acquires 75 Shares of Chipotle Mexican Grill, Inc. (CMG)
- August 17, 2017

It has underperformed by 9.08% the S&P500. The stock of Chipotle Mexican Grill, Inc. About 158,789 shares traded. California State Teachers Retirement holds 0.05% of its portfolio in Chipotle Mexican Grill, Inc. Blackrock Japan Limited owns 1.61 million shares. Investors sentiment decreased to 0.64 in Q4 2016. Harbour Capital Advisors LLC increased its stake in Chipotle Mexican Grill by 30,455.0% in the second quarter. (more...)
Trump Attacks Merck CEO for Resigning from a White House Manufacturing Council Trump Attacks Merck CEO for Resigning from a White House Manufacturing Council
- August 17, 2017

After an embarrassing exodus of business leaders, US President Donald Trump has been forced to disband two of his key advisory groups, including the American Manufacturing Council headed by Australia's Andrew Liveris . Later Monday evening, Intel CEO Brian Krzanich said in a blog post that he, too, was resigning "to call attention to the serious harm our divided political climate is causing to critical issues". (more...)
Earnings Forecast of The Coca-Cola Company (KO) Earnings Forecast of The Coca-Cola Company (KO)
- August 17, 2017

Creative Planning's holdings in Coca-Cola Bottling Co. Companies may issue new shares and buy back their own shares. Vanguard Group Inc. boosted its stake in Coca-Cola Company (The) by 1.8% in the second quarter. The ex-dividend date of this dividend is Wednesday, July 26th. This represents a $1.48 annualized dividend and a yield of 3.20%. COPYRIGHT VIOLATION NOTICE: This report was originally posted by StockNewsTimes and is owned by of StockNewsTimes. (more...)