Money
Infosys lowers revenue forecast for fiscal year
- October 24, 2017
Profit rose to Rs37.26 billion ($573.03 million) in the three months ended September 30, from Rs36.06 billion a year earlier, Infosys said on Tuesday. "I am fully persuaded, as is the entire Board, that the conclusions of the independent investigations are correct", Nilekani said today. Infosys founder NR Narayana Murthy had demanded that the full report by Gibson, Dunn and Crutcher on whistleblower allegations pertaining to the $200 million Panaya deal , be made public. (more...)
- October 24, 2017
Profit rose to Rs37.26 billion ($573.03 million) in the three months ended September 30, from Rs36.06 billion a year earlier, Infosys said on Tuesday. "I am fully persuaded, as is the entire Board, that the conclusions of the independent investigations are correct", Nilekani said today. Infosys founder NR Narayana Murthy had demanded that the full report by Gibson, Dunn and Crutcher on whistleblower allegations pertaining to the $200 million Panaya deal , be made public. (more...)
Graphic Packaging Holding Company (GPK) Releases Quarterly Earnings Results, Meets Expectations
- October 24, 2017
Graphic Packaging Holding Company (NYSE:GPK) now has an ABR of 1.4 heading into today's announcement. The company is so far trading up by 0.07% percent from yesterday's close. As per Wednesday, July 26, the company rating was downgraded by Societe Generale. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.09 billion. (more...)
- October 24, 2017
Graphic Packaging Holding Company (NYSE:GPK) now has an ABR of 1.4 heading into today's announcement. The company is so far trading up by 0.07% percent from yesterday's close. As per Wednesday, July 26, the company rating was downgraded by Societe Generale. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.09 billion. (more...)
Interpublic Group -5.4% as Q3 earnings miss, firm revises outlook
- October 24, 2017
The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). Vanguard Group Inc. increased its stake in Interpublic Group of Companies, Inc. Therefore 76% are positive. The stock of RealPage Inc (NASDAQ:RP) earned "Buy" rating by Stephens on Thursday, August 3. Keefe Bruyette & Woods maintained State Bank Financial Corp (NASDAQ:STBZ) rating on Thursday, June 1. (more...)
- October 24, 2017
The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). Vanguard Group Inc. increased its stake in Interpublic Group of Companies, Inc. Therefore 76% are positive. The stock of RealPage Inc (NASDAQ:RP) earned "Buy" rating by Stephens on Thursday, August 3. Keefe Bruyette & Woods maintained State Bank Financial Corp (NASDAQ:STBZ) rating on Thursday, June 1. (more...)
Project Future Performance Before Investment - Seagate Technology plc (NASDAQ: STX)
- October 24, 2017
On Friday, June 9 MORTON DAVID H JR sold $131,510 worth of Seagate Technology PLC (NASDAQ: STX ) or 3,040 shares. RBC Capital Markets restated a "sector perform" rating and issued a $40.00 price objective on shares of Seagate Technology PLC in a research note on Tuesday. (more...)
- October 24, 2017
On Friday, June 9 MORTON DAVID H JR sold $131,510 worth of Seagate Technology PLC (NASDAQ: STX ) or 3,040 shares. RBC Capital Markets restated a "sector perform" rating and issued a $40.00 price objective on shares of Seagate Technology PLC in a research note on Tuesday. (more...)
Air Canada landing mix-up prompts another FAA probe
- October 24, 2017
An Air Canada flight landed at San Francisco airport Sunday after it had been told not to by traffic controllers who were uncertain the runway was fully clear. Fortunately, radar showed, after the fact, that the plane the tower had feared was still on the runway had actually cleared the area. The incident comes three months after another Air Canada plane almost landed on a crowded taxiway at San Francisco's main airport. (more...)
- October 24, 2017
An Air Canada flight landed at San Francisco airport Sunday after it had been told not to by traffic controllers who were uncertain the runway was fully clear. Fortunately, radar showed, after the fact, that the plane the tower had feared was still on the runway had actually cleared the area. The incident comes three months after another Air Canada plane almost landed on a crowded taxiway at San Francisco's main airport. (more...)
Mondelez International (MDLZ) EPS Estimated At $0.54; Medallion Financial Has 0.65 Sentiment
- October 24, 2017
Over a month, it has seen its stock price volatility to stay at 0.92% while shortening the period to a week, volatility was 1.13%. The company has its outstanding shares of 1.51 Billion. The firm has "Hold" rating by Susquehanna given on Wednesday, August 2. Canaccord Genuity upgraded Mondelez International from a "hold" rating to a "buy" rating and set a $44.00 target price for the company in a research report on Thursday, February 4th. (more...)
- October 24, 2017
Over a month, it has seen its stock price volatility to stay at 0.92% while shortening the period to a week, volatility was 1.13%. The company has its outstanding shares of 1.51 Billion. The firm has "Hold" rating by Susquehanna given on Wednesday, August 2. Canaccord Genuity upgraded Mondelez International from a "hold" rating to a "buy" rating and set a $44.00 target price for the company in a research report on Thursday, February 4th. (more...)
(WFC) Stake Reduced by the Private Wealth Partners LLC
- October 24, 2017
Nustar Gp Holdings Llc now has $745.21 million valuation. The stock rose 0.53% or $0.29 reaching $55.2. Rockland Trust Co. lifted its position in Wells Fargo & by 0.6% in the 2nd quarter. The analysts, on average, are forecasting a $57.95 price target, but the stock is already up 23.44% from its recent lows. Seven analysts have rated the stock with a sell rating, fifteen have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. (more...)
- October 24, 2017
Nustar Gp Holdings Llc now has $745.21 million valuation. The stock rose 0.53% or $0.29 reaching $55.2. Rockland Trust Co. lifted its position in Wells Fargo & by 0.6% in the 2nd quarter. The analysts, on average, are forecasting a $57.95 price target, but the stock is already up 23.44% from its recent lows. Seven analysts have rated the stock with a sell rating, fifteen have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. (more...)
Stock Showing Surging Activity: Rite Aid Corporation (RAD)
- October 24, 2017
It closed at $1.78 lastly. Jones Financial Companies Lllp decreased its stake in Capital One Financial Corp (COF) by 19.05% based on its latest 2017Q2 regulatory filing with the SEC. Evercore downgraded Rite Aid Corporation (NYSE:RAD) on Wednesday, January 6 to "Hold" rating. More interesting news about Rite Aid Corporation (NYSE:RAD) were released by: Investorplace.com and their article: "Why Rite Aid Corporation (RAD ) Stock Might Still Have a Chance" published on October 16, 2017 ... (more...)
- October 24, 2017
It closed at $1.78 lastly. Jones Financial Companies Lllp decreased its stake in Capital One Financial Corp (COF) by 19.05% based on its latest 2017Q2 regulatory filing with the SEC. Evercore downgraded Rite Aid Corporation (NYSE:RAD) on Wednesday, January 6 to "Hold" rating. More interesting news about Rite Aid Corporation (NYSE:RAD) were released by: Investorplace.com and their article: "Why Rite Aid Corporation (RAD ) Stock Might Still Have a Chance" published on October 16, 2017 ... (more...)
Caterpillar Shares Strong, Following Upbeat Q3 Report
- October 24, 2017
Hutchin Hill Capital Limited Partnership holds 0.14% or 38,200 shares. Dorsey & Whitney Trust CO LLC grew its position in shares of Caterpillar by 16.7% during the second quarter. Also, insider Suzette M. Long sold 13,859 shares of the business's stock in a transaction on Friday, August 4th. The disclosure for this sale can be found here. (more...)
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- October 24, 2017
Hutchin Hill Capital Limited Partnership holds 0.14% or 38,200 shares. Dorsey & Whitney Trust CO LLC grew its position in shares of Caterpillar by 16.7% during the second quarter. Also, insider Suzette M. Long sold 13,859 shares of the business's stock in a transaction on Friday, August 4th. The disclosure for this sale can be found here. (more...)
The Bank of New York Mellon Corporation (BK), Lattice Semiconductor Corporation (LSCC)
- October 24, 2017
The company had seen its current volume reaching at 1.75 million shares in the last trade. Novare Mngmt Limited Com holds 1.57% or 136,820 shares in its portfolio. 111,197 are held by Oregon Employees Retirement Fund. Pictet Asset Mgmt Limited invested in 578,460 shares or 0.08% of the stock. Ledyard Bank & Trust has 0% invested in Bank of New York Mellon Corp (NYSE:BK). (more...)
- October 24, 2017
The company had seen its current volume reaching at 1.75 million shares in the last trade. Novare Mngmt Limited Com holds 1.57% or 136,820 shares in its portfolio. 111,197 are held by Oregon Employees Retirement Fund. Pictet Asset Mgmt Limited invested in 578,460 shares or 0.08% of the stock. Ledyard Bank & Trust has 0% invested in Bank of New York Mellon Corp (NYSE:BK). (more...)
Jennison Associates LLC Holding in Netflix INC (NFLX) Increased as Shares Rose
- October 24, 2017
About 379,456 shares traded. Netflix, Inc . (NASDAQ: NFLX ) has risen 75.34% since October 23, 2016 and is uptrending. It has outperformed by 58.64% the S&P500. had 89 analyst reports since July 24, 2015 according to SRatingsIntel. Aegis Capital initiated Netflix, Inc . The rating was maintained by Robert W. (more...)
- October 24, 2017
About 379,456 shares traded. Netflix, Inc . (NASDAQ: NFLX ) has risen 75.34% since October 23, 2016 and is uptrending. It has outperformed by 58.64% the S&P500. had 89 analyst reports since July 24, 2015 according to SRatingsIntel. Aegis Capital initiated Netflix, Inc . The rating was maintained by Robert W. (more...)
Cowen and Company Raises JetBlue Airways Corporation (JBLU) Price Target to $22.00
- October 24, 2017
Bessemer Group stated it has 0% in JetBlue Airways Corporation (NASDAQ: JBLU ). Over the last three months, insiders sold 31,860 shares of company stock worth $646,973. A number of research analysts recently issued reports on the stock. KeyBanc Capital Markets maintained the shares of PKG in report on Thursday, October 12 with "Hold" rating. (more...)
- October 24, 2017
Bessemer Group stated it has 0% in JetBlue Airways Corporation (NASDAQ: JBLU ). Over the last three months, insiders sold 31,860 shares of company stock worth $646,973. A number of research analysts recently issued reports on the stock. KeyBanc Capital Markets maintained the shares of PKG in report on Thursday, October 12 with "Hold" rating. (more...)
$-0.16 EPS Expected for Cornerstone OnDemand, Inc. (CSOD)
- October 24, 2017
Cornerstone OnDemand (NASDAQ: CSOD ) last posted its quarterly earnings data on Thursday, August 3rd. Partner Fund Management Lp sold 683,495 shares as Cornerstone Ondemand Inc (CSOD)'s stock declined 14.40%. Piper Jaffray Companies reiterated an "overweight" rating and set a $46.00 target price (down previously from $50.00) on shares of Cornerstone OnDemand in a research note on Friday, August 4th. (more...)
- October 24, 2017
Cornerstone OnDemand (NASDAQ: CSOD ) last posted its quarterly earnings data on Thursday, August 3rd. Partner Fund Management Lp sold 683,495 shares as Cornerstone Ondemand Inc (CSOD)'s stock declined 14.40%. Piper Jaffray Companies reiterated an "overweight" rating and set a $46.00 target price (down previously from $50.00) on shares of Cornerstone OnDemand in a research note on Friday, August 4th. (more...)
McDonald's earnings surge as customer counts rise again
- October 24, 2017
Consolidated revenue fell 10 percent year-over-year due to the impact of its strategic refranchising initiative. McDonald's third-quarter sales and profits matched analysts' expectations. Global comparable sales rose 6.0 percent. McDonald's returned $2.9 billion to investors through share repurchases and dividends. During the quarter, McDonald's reached its target of re-franchising 4,000 restaurants in China and Hong Kong. (more...)
- October 24, 2017
Consolidated revenue fell 10 percent year-over-year due to the impact of its strategic refranchising initiative. McDonald's third-quarter sales and profits matched analysts' expectations. Global comparable sales rose 6.0 percent. McDonald's returned $2.9 billion to investors through share repurchases and dividends. During the quarter, McDonald's reached its target of re-franchising 4,000 restaurants in China and Hong Kong. (more...)
Near term Outlook For NIKE, Inc. (NYSE:NKE)
- October 24, 2017
The PNC Financial Services Group, Inc.is a diversified financial services company. Also, Director Johnathan A. Rodgers sold 16,000 shares of the business's stock in a transaction that occurred on Thursday, September 14th. Baystate Wealth Limited Liability Co owns 4,002 shares. Mackenzie Fin Corporation invested 2.33% of its portfolio in Nike Inc (NYSE:NKE). Cape Cod Five Cents Savings Bank now owns 102,345 shares of the footwear maker's stock worth $5,649,000 after buying an additional 1,680 ... (more...)
- October 24, 2017
The PNC Financial Services Group, Inc.is a diversified financial services company. Also, Director Johnathan A. Rodgers sold 16,000 shares of the business's stock in a transaction that occurred on Thursday, September 14th. Baystate Wealth Limited Liability Co owns 4,002 shares. Mackenzie Fin Corporation invested 2.33% of its portfolio in Nike Inc (NYSE:NKE). Cape Cod Five Cents Savings Bank now owns 102,345 shares of the footwear maker's stock worth $5,649,000 after buying an additional 1,680 ... (more...)
Texas Instruments Incorporated (NASDAQ: TXN)
- October 24, 2017
Texas Instruments Incorporated ( NASDAQ : TXN ) has risen 40.31% since October 23, 2016 and is uptrending. It has underperformed by 11.92% the S&P500. Navellier & Assoc has invested 0.53% in Texas Instruments Incorporated ( NASDAQ : TXN ). Capital Research Global Investors is the second biggest holder with 58 million shares now valued at 4.44 B million whilst PRIMECAP Management Company has 41 million shares valued at 3.17 B million. (more...)
- October 24, 2017
Texas Instruments Incorporated ( NASDAQ : TXN ) has risen 40.31% since October 23, 2016 and is uptrending. It has underperformed by 11.92% the S&P500. Navellier & Assoc has invested 0.53% in Texas Instruments Incorporated ( NASDAQ : TXN ). Capital Research Global Investors is the second biggest holder with 58 million shares now valued at 4.44 B million whilst PRIMECAP Management Company has 41 million shares valued at 3.17 B million. (more...)
Indian economy is on strong wicket: Arun Jaitley
- October 24, 2017
Finance Minister Arun Jaitley , along with economic affairs secretary Subhash Chandra Garg and finance secretary Ashok Lavasa, gave a presentation on the economic plan charted out by the government to put India on a higher-growth track. He also said that post demonetisation, the banks have adequate lending capacity now. Under the Saubhagya scheme (Pradhan Mantri Sahaj Bijli Har Ghar Yojana), universal electrification will be done in all the unelectrified households by March 2019. (more...)
- October 24, 2017
Finance Minister Arun Jaitley , along with economic affairs secretary Subhash Chandra Garg and finance secretary Ashok Lavasa, gave a presentation on the economic plan charted out by the government to put India on a higher-growth track. He also said that post demonetisation, the banks have adequate lending capacity now. Under the Saubhagya scheme (Pradhan Mantri Sahaj Bijli Har Ghar Yojana), universal electrification will be done in all the unelectrified households by March 2019. (more...)
The Royal Caribbean Cruises Ltd. (RCL) Upgrade at the Vetr Inc
- October 24, 2017
The company is so far trading up from yesterday's close of 120.71. Currently, 233.53 million total shares are owned by the public and among those 227.88 million shares have been available to trade. Hollencrest Secs Limited Liability Company reported 0.11% in Ford Motor Company (NYSE:F). Moreover, Fifth Third Financial Bank has 0% invested in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). (more...)
- October 24, 2017
The company is so far trading up from yesterday's close of 120.71. Currently, 233.53 million total shares are owned by the public and among those 227.88 million shares have been available to trade. Hollencrest Secs Limited Liability Company reported 0.11% in Ford Motor Company (NYSE:F). Moreover, Fifth Third Financial Bank has 0% invested in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). (more...)
Jihad: Toulouse boy's name leads to France dilemma
- October 24, 2017
Given the unusual choice of name, the town hall reported the case to the public prosecutor, local Actu Toulouse website reported on Friday. But while the name might seem like a provocative choice, given its meaning of " holy war ", it literally translates to "effort" or "struggle". (more...)
- October 24, 2017
Given the unusual choice of name, the town hall reported the case to the public prosecutor, local Actu Toulouse website reported on Friday. But while the name might seem like a provocative choice, given its meaning of " holy war ", it literally translates to "effort" or "struggle". (more...)
GST Revenue Collection For September at Rs 92150 Crore
- October 24, 2017
Kumar said that the GST Network ( GSTN ), which handles IT infrastructure for the tax regime, has started issuing refunds from October 10 to exporters for Integrated GST (IGST) they paid for the month of July, after matching GSTR-3B and GSTR-1. (more...)
- October 24, 2017
Kumar said that the GST Network ( GSTN ), which handles IT infrastructure for the tax regime, has started issuing refunds from October 10 to exporters for Integrated GST (IGST) they paid for the month of July, after matching GSTR-3B and GSTR-1. (more...)
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Central banks form group to explore digital currencies