Money


Delphi acquires self-driving startup nuTonomy for $450m Delphi acquires self-driving startup nuTonomy for $450m
- October 24, 2017

It's planning to use NuTonomy to hasten the introduction of an autonomous robotaxi test fleet in Singapore by a year, to 2019, and expand driverless testing to more cities, Delphi Chief Technology Officer Glen De Vos said. Iagnemma added, "So I feel great about the fact that this acquisition puts the combined team in the pole position to be one of the winners in the global automated driving race". (more...)
WeWork Buying Lord & Taylor's Manhattan Flagship As Its New Headquarters WeWork Buying Lord & Taylor's Manhattan Flagship As Its New Headquarters
- October 24, 2017

The Lord & Taylor store in NY will operate through the 2018 holiday season, then be reduced in size to 150,000 square feet from the current 650,000 square feet, with the building converted to WeWorks' headquarters. Litt and his team described Storch's departure as a "consolidation of power" on Baker's part that underscored "the board's attempt to buy time and placate investors to address underperformance and undervaluation". (more...)
Earnings at the Forefront For Lockheed Martin Corporation Earnings at the Forefront For Lockheed Martin Corporation
- October 24, 2017

Loews Corp who had been investing in Calpine Corp for a number of months, seems to be less bullish one the $5.37 billion market cap company. EPS Estimate for the next year is 14.16. The company's quarterly revenue was up 5.4% on a year-over-year basis. For the past 5 years, the company's revenue has grown 0.3%, while the company's earnings per share has grown 9.6%. (more...)
Sears no longer carrying Whirlpool appliances Sears no longer carrying Whirlpool appliances
- October 24, 2017

Sears' 100-plus-year history of selling Whirlpool appliances - from washing machines to KitchenAid mixers - has come to an end. - Whirlpool said that Sears accounts for a declining portion of its global sales, at around 3 percent. In a bid to get back on track, Whirlpool is reducing expenses by $150 million - on top of existing cost-cutting efforts. In the US, the company has also sought redress from the US International Trade Commission over imports of washing machines from Samsung and LG ... (more...)
Whiting Petroleum Corporation (WLL) Shares Bought by Cornerstone Capital Management Holdings LLC
- October 24, 2017

Among active positions in the latest quarter, 180 holders increased their positions by a total of 59.96 million shares, 131 holders decreased the positions by a total of 50.1 million shares, and 45 holders held their positions. The firm had revenue of $311.50 million for the quarter, compared to analyst estimates of $345.64 million. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. (more...)
Let's Get Complex With Snap Inc. (SNAP) And Biogen Inc. (BIIB) Let's Get Complex With Snap Inc. (SNAP) And Biogen Inc. (BIIB)
- October 24, 2017

Independent Portfolio Consultants Inc. now owns 454 shares of the biotechnology company's stock worth $123,000 after purchasing an additional 219 shares during the last quarter. Several firms have shifted positions in (BIIB). On Wednesday, January 20 the stock rating was initiated by Credit Suisse with "Neutral". On Monday, November 7 the stock rating was upgraded by PiperJaffray to "Overweight". (more...)
The Investment Analysts' Recent Ratings Changes for Hartford Financial Services Group (HIG) The Investment Analysts' Recent Ratings Changes for Hartford Financial Services Group (HIG)
- October 24, 2017

The firms that experience furthermost inflow in institutional ownership exhibited better performance all through 12-month phase. The Current Ratio of The Hartford Financial Services Group, Inc. The rating was downgraded by Atlantic Securities on Wednesday, August 10 to "Neutral". (The) from a "strong-buy" rating to a "buy" rating in a research note on Thursday, June 29th. (more...)
Are Analysts Bullish about Valero Energy Corporation (NYSE:VLO) after last week?
- October 24, 2017

During the same period past year, the company earned $2.79 earnings per share. Valero Energy Corp. has a 12 month low of $46.88 and a 12 month high of $72.49. The stock has a consensus rating of "Buy" and a consensus price target of $76.39. Oppenheimer maintained the shares of VLO in report on Monday, August 3 with "Outperform" rating. (more...)
$-0.03 EPS Expected for Antares Pharma (ATRS); Enzo Biochem Has 1.59 Sentiment
- October 24, 2017

Nationwide Fund reported 0% of its portfolio in Antares Pharma Inc (NASDAQ: ATRS ). (NASDAQ: ATRS ) had a closing price of $2.18 yesterday. The company has its outstanding shares of 152.11M. The stock traded on unusually shows upbeat performance moved up volume of 3.28 Million comparing to the average volume of 1936.37 shares, completing picture of exact trends with uncompleted dots in volume over the norm. (more...)
Cliffs Natural Resources Inc. (CLF) Cliffs Natural Resources Inc. (CLF)
- October 24, 2017

With 9.40 million avg volume, 3 days are for Cliffs Natural Resources Incorporated (NYSE: CLF)'s short sellers to cover CLF's short positions. Jefferies Group LLC started coverage on shares of Cliffs Natural Resources in a research note on Friday, July 7th. (more...)
Infosys lowers revenue forecast for fiscal year 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...)
Graphic Packaging Holding Company (GPK) Releases Quarterly Earnings Results, Meets Expectations 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...)
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...)
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...)
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...)
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...)
(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...)
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...)
Caterpillar Shares Strong, Following Upbeat Q3 Report 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...)
United Kingdom gambling website crackdown
- October 24, 2017

According to The Sunday Times , which conducted the probe, the Gambling Commission found that approximately 450,000 children gamble in England and Wales every week. "You must immediately amend or remove any freely accessible ads on your website or in third party media space that are likely to appeal particularly to under-18s", the letter read. (more...)