Money


Leerink Swann Boosts Merck & Company, Inc. (MRK) Price Target to $70.00
- October 24, 2017

Northern Trust Corporation (NTRS) has a Return on Assets of 0.80%. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since October 23, 2016 and is uptrending. Headlines about Merck & (NYSE: MRK ) have trended somewhat positive on Monday, Accern Sentiment reports. The Japan-based Mitsubishi Ufj Holdings Ltd has invested 0.19% in Merck & Co., Inc. (more...)
Us Bancorp De Holds Stake in American Tower Corp (AMT)
- October 24, 2017

Charles Paquelet decreased its stake in American Tower Corp New (AMT) by 9.3% based on its latest 2017Q2 regulatory filing with the SEC. More notable recent American Tower Corp (NYSE:AMT) news were published by: Nasdaq.com which released: "American Tower Corporation (REIT) (AMT) Ex-Dividend Date Scheduled for ..." on September 27, 2017, also Gurufocus.com with their article: "Equitec Specialists, Llc Buys Arconic Inc, American Tower Corp, NextEra Energy ..." published on October 23, 2017, ... (more...)
BMO Capital Markets Reaffirms "Market Perform" Rating for Barrick Gold Corp (ABX)
- October 24, 2017

About 5.14M shares traded. About shares traded. Barrick Gold Corp (USA) (NYSE: ABX ) has declined 8.26% since October 23, 2016 and is downtrending. It has underperformed by 52.59% the S&P500. Investors sentiment increased to 0.95 in 2017 Q2. Its down 1.71, from 2 in 2017Q1. It is negative, as 99 investors sold SLB shares while 590 reduced holdings. (more...)
400K dishwashers from 4 brands recalled due to fire hazard 400K dishwashers from 4 brands recalled due to fire hazard
- October 24, 2017

The brands affected include Bosch , Gaggenau , Jenn-Air and Thermador . About 61,000 dishwashers are also being recalled in Canada, CPSC said. The dishwashers, which were made in Germany and the USA, were sold nationwide from January 2013 to May 2015. (more...)
New Reporting Rules Fueled Spike In '17 Complaints, FCA Says
- October 24, 2017

But complaints about investment products continue to have the lowest upheld rate across the financial services sector, falling from 51% in the second half of 2016 to 49% in the first half of this year. Total complaints against financial services firms totalled 3.32 million, up from 3.04 million. "General administration and customer service" complaints accounted for 27 per cent in the first half of last year, and inched higher to account for 38 per cent of all complaint this year. (more...)
Ex-HSBC trader convicted of fraud
- October 24, 2017

Prosecutors said British citizen Mark Johnson, former head of the bank's global foreign exchange cash trading desk, plotted to ramp up the price of sterling before executing a trade for Cairn Energy - making millions for the lender at the company's expense. (more...)
Rahul Gandhi: The voice of Gujarat's youth can't be suppressed, purchased Rahul Gandhi: The voice of Gujarat's youth can't be suppressed, purchased
- October 24, 2017

The Congress has been out of power in Gujarat for the last 22 years. He also criticised Prime Minister Narendra Modi's "Mann Ki Baat" programme and said that while PM Modi conveyed his "Mann Ki Baat" ( heart felt talk) to the people, he would like to convey the "Mann Ki Baat" of the people of Gujarat. (more...)
Cisco Systems buying BroadSoft for $1.9 billion cash Cisco Systems buying BroadSoft for $1.9 billion cash
- October 23, 2017

BroadSoft, Inc .is headquartered in Gaithersburg, Maryland. Cisco said yesterday it offered US$55 per share, which represents a premium of 2 percent to BroadSoft's last close. If you are accessing this article on another site, it was illegally stolen and republished in violation of USA & worldwide copyright and trademark laws. (more...)
Oracle Corporation (ORCL) Given "Buy" Rating at Stifel Nicolaus
- October 23, 2017

QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since October 21, 2016 and is uptrending. It has outperformed by 13.19% the S&P500. Ruffer Llp increased Oracle Corp ( ORCL ) stake by 97.54% reported in 2017Q2 SEC filing. Oracle Corporation presently has an average rating of "Buy" and an average target price of $44.15. The rating was maintained by Barclays Capital with "Equal Weight" on Monday, October 26. (more...)
Meijer recalls vegetable products for Listeria risk Meijer recalls vegetable products for Listeria risk
- October 23, 2017

In a press release, Meijer said the potential contamination came from Mann Packing, a Meijer supplier based in Salinas, Calif. and was identified by the Canadian Food Inspection Agency. "No illnesses have been reported to date", the company said. If you have purchased any of the recalled food items, return them to Meijer for a full refund. (more...)
Merrill Lynch fined $45.5M for failing to report transactions Merrill Lynch fined $45.5M for failing to report transactions
- October 23, 2017

The reporting requirement was one of the key reforms introduced following the financial crisis in 2008 to improve transparency within financial markets. Merrill Lynch agreed to settle early in the investigation, leading to the overall fine being reduced by 30%, from £49.3m. "It is vital that reporting firms ensure their transaction reporting systems are tested as fit for objective, adequately resourced and perform properly". (more...)
Microsoft Corporation (MSFT) is Strs Ohio's 2nd Largest Position
- October 23, 2017

Microsoft Corporation (MSFT ) reported sales (ttm) of 89.95 Billion, whereas, 25 number of analysts estimated the mean sale of 24273.6 million. However, the stock is trading at 1.13% versus recent highs ($ 78.97). Its down 0.02, from 0.84 in 2017Q1. It worsened, as 39 investors sold MSFT shares while 982 reduced holdings. 123 funds opened positions while 564 raised stakes. (more...)
Kaspersky Lab says it will submit software for independent review
- October 23, 2017

The company is ranked fourth in the world in computer anti-virus software sales, with $644 million in revenue a year ago. Now Kaspersky Lab is hitting back with what it calls a "comprehensive transparency initiative", created to win back people's trust. (more...)
Perigon Wealth Management LLC Cuts Position in Align Technology, Inc. (ALGN)
- October 23, 2017

It has outperformed by 65.52% the S&P500. Logan Capital Management Inc increased Hanesbrands Inc (NYSE:HBI) stake by 278,946 shares to 439,942 valued at $10.19 million in 2017Q2. Suntrust Banks owns 18,905 shares. Leerink Swann maintained Align Technology, Inc. (NASDAQ:ALGN) to report earnings on November, 6. Since May 30, 2017, it had 0 insider purchases, and 3 sales for $7.87 million activity. (more...)
Hasbro falls on weaker holiday sales forecast Hasbro falls on weaker holiday sales forecast
- October 23, 2017

Hasbro has today warned of weaker Christmas season sales due to the bankruptcy of its largest customer Toys'R'Us. The bankruptcy raised fears that the toymakers would be unable to sell inventories during the key Christmas season. Hasbro on Monday also reported third-quarter profit of $265.6 million, or $2.09 per share and a 7 percent rise in revenue to $1.79 billion. These global revenues include a favorable US$27.9 million impact from foreign exchange. (more...)
Crown Castle International Corporation (NYSE:CCI) Under Analyst Spotlight
- October 23, 2017

Oppenheimer Asset Management Inc. now owns 45,674 shares of the real estate investment trust's stock valued at $4,576,000 after purchasing an additional 3,491 shares in the last quarter. lifted its position in shares of Crown Castle International Corporation by 36.0% in the second quarter. (REIT) (NYSE:CCI) or 318,707 shares. 6,940 are held by Clinton Incorporated. (more...)
65 pounds of marijuana arrives with Florida couple's Amazon order 65 pounds of marijuana arrives with Florida couple's Amazon order
- October 23, 2017

They repeated concerns that drug dealers or any other parties interested in the marijuana-laden package could easily have come looking for their items. They say don't look a gift horse in the mouth, but one Florida couple may be forgiven since this pungent present wasn't really for them anyway. The company told the ABC affiliate that its customer service team had worked directly with the customers to address concerns and would work with law enforcement officials to investigate the case. (more...)
Amazon.com, Inc. (AMZN) Earns "Buy" Rating from Mizuho
- October 23, 2017

It has underperformed by 15.93% the S&P500. Concourse Capital Management Llc acquired 8,501 shares as Amazon Com Inc ( AMZN)'s stock rose 13.58%. After $0.40 actual earnings per share reported by Amazon.com, Inc. As per Tuesday, October 3, the company rating was upgraded by Goldman Sachs. The company was maintained on Thursday, July 20 by Maxim Group. Since May 2, 2017, it had 0 insider purchases, and 13 selling transactions for $960.72 million activity. (more...)
PayPal Holdings, Inc. (PYPL) Price Target Raised to $77.00
- October 23, 2017

They noted that the move was a valuation call. Bernstein maintained the stock with "Market Perform" rating in Thursday, May 25 report. Meanwhile, the average 12-month price target from Wall Street analysts is now $69.80, this means that the stock is overpriced by -1.676%. (more...)
Halliburton Company Setting The Table For Earnings Halliburton Company Setting The Table For Earnings
- October 23, 2017

Bbva Compass Bancshares Inc. now owns 2,701 shares of the oilfield services company's stock worth $115,000 after buying an additional 128 shares in the last quarter. Halliburton's revenue for the quarter was up 29.3% on a year-over-year basis. In contrast to the year ago quarter EPS was at 0.44. Eaton Vance Mgmt has invested 0.56% in Halliburton Company (NYSE: HAL ). (more...)