Money


Merck executive resigns from president's council, and Trump lashes out Merck executive resigns from president's council, and Trump lashes out
- August 18, 2017

I am appreciative of the opportunity to have served, but have made a decision to step down from the council. The CEO of Under Armour, Kevin Plank , announced his resignation from the council in a Twitter posting. Democrats and Republicans criticized Trump for waiting too long to address the violence - his first major domestic crisis as president - and for failing when he did speak out to explicitly condemn white-supremacist marchers who ignited the melee. (more...)
Investor Corner: Performance Watch for Cliffs Natural Resources Inc. (NYSE:CLF)
- August 18, 2017

Gallagher Fiduciary Advisors LLC's holdings in Cliffs Natural Resources were worth $12,584,000 at the end of the most recent reporting period. Several other hedge funds have also made changes to their positions in CLF. Shares of Cliffs Natural Resources Inc. Van Eck holds 0.02% in Cleveland-Cliffs Inc (NYSE:CLF) or 414,067 shares. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of USA and worldwide trademark and copyright law. (more...)
Merck CEO pulls out of Trump business council, demands rejection of bigotry Merck CEO pulls out of Trump business council, demands rejection of bigotry
- August 18, 2017

Liveris said in a prepared statement that was released through Twitter. Frazier, one of only a few black CEOs to helm a Fortune 500 company, said in a statement that Trump "must honor our fundamental views by clearly rejecting expressions of hatred, bigotry and group supremacy". (more...)
Donald Trump hits back as five business leaders quit his jobs panel Donald Trump hits back as five business leaders quit his jobs panel
- August 18, 2017

The first resignation, from Kenneth C. Frazier of Merck , was quickly met by a tweet from Mr. Trump mocking Merck's drug prices. At the time , the White House hailed the council, including Frazier, as "some of the world's most successful and creative business leaders". (more...)
Trump suffers first resignation over Charlottesville race riots Trump suffers first resignation over Charlottesville race riots
- August 18, 2017

Then came the CEO of Under Armour , Kevin Plank . At the rally, activist Heather Hayer was struck and killed and over 19 people left injured by a auto driven seemingly deliberately into counter-protesters. "In this time of tumult in our country, Americans deserve a leader that will bring us all together and denounce those who seek to tear us apart". The White House tried to stem the damage on Sunday. (more...)
$0.23 EPS Expected for Buckle (BKE); 1 Analysts Bullish Genworth Financial (GNW) $0.23 EPS Expected for Buckle (BKE); 1 Analysts Bullish Genworth Financial (GNW)
- August 18, 2017

Municipal Employees Retirement System of MI raised its stake in Buckle, Inc . (The) were worth $328,000 at the end of the most recent reporting period. The firm had revenue of $195.65 million for the quarter, compared to the consensus estimate of $195.97 million. Fmr Llc owns $111 million in The Buckle, Inc., which represents roughly 16.59% of the company's market cap and approximately 24.72% of the institutional ownership. (more...)
Hikma's stock falls after it cuts its generics forecast further Hikma's stock falls after it cuts its generics forecast further
- August 18, 2017

The London-headquartered company reported first half sales of $895 million, up by an anemic 1% and some distance below the analyst consensus for a top line of $933 million. Hikma Pharmaceuticals Plc has a 52-week low of $15.94 and a 52-week high of $29.75. The firm's market cap is GBX 2.89 billion. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of worldwide copyright & trademark law. (more...)
Cruise spam call class action settlement: Could you get a $300 check? Cruise spam call class action settlement: Could you get a $300 check?
- August 18, 2017

The Firm offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. Following the completion of the transaction, the chief executive officer now owns 72,831 shares of the company's stock, valued at $3,878,979.06. Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings results on Tuesday, August 8th. (more...)
FOMC Split in July Over US Inflation Concerns FOMC Split in July Over US Inflation Concerns
- August 18, 2017

FOMC members were anxious last month about inflation, but for 2 opposing reasons. However, others "saw some likelihood that inflation might remain below two percent for longer than they now expected", the minutes said. The dollar (.DXY) was weaker against a basket of currencies. Elsewhere, Australian wage growth matched estimates in the second quarter, rising 0.5 percent from the previous three-month period and 1.9 percent from a year earlier. (more...)
USA crude stockpiles fall the most in almost a year USA crude stockpiles fall the most in almost a year
- August 18, 2017

October Brent crude on London's ICE Futures rose 0.5% to $50.52. In July 2017, OPEC oil production rose to ~32.9 million barrels per day above the pledged output level of 32.5 million barrels per day. Distillate stockpiles, which include diesel and heating oil, rose 702,000 bbl, vs. expectations for a drop of 572,000 bbl, the EIA data showed. William O'Loughlin at Rivkin Securities said that if inventory declines continued at the current pace, USA stocks would fall below the five-year ... (more...)
Air hostess's body found outside her Kolkata apartment, 2 detained Air hostess's body found outside her Kolkata apartment, 2 detained
- August 18, 2017

She was originally from Shillong. As per the reports of leading daily The Indian Express, Rai had gone to attend friend's birthday party in an apartment at Prafulla Kanan area in Kestopur. Local residents said that she used to return home around mid-night in most days due to her job. Meanwhile, Superintendent of Police (City) Vivek Syiem said that he is communicating with Kolkata police in this regard and the latter have assured him that they will update him on any latest updates or ... (more...)
YouTube TV expands to 14 new markets, partners with Sinclair stations YouTube TV expands to 14 new markets, partners with Sinclair stations
- August 18, 2017

Since its launch in April, YouTube TV says over half of its viewership come from 18- to-34-year-old millennials - much younger than for traditional TV, where over half its audience is over 49 years old. Austin, Birmingham, Cleveland-Akron, Denver, Grand Rapids-Kalamazoo-Battle Creek, Greensboro-High Point-Winston Salem, Harrisburg-Lancaster-Lebanon-York, Hartford-New Haven, Indianapolis, Kansas City, Milwaukee, Norfolk-Portsmouth-Newport News, Oklahoma City, Raleigh-Durham, Salt Lake City, ... (more...)
EA Announces Star Wars: Rise to Power Strategy Game EA Announces Star Wars: Rise to Power Strategy Game
- August 18, 2017

However, the buttons on that console also look like the ones seen on the Death Star in A New Hope , specifically the room where C-3PO and R2-D2 were holed up. Rumors have been circulating lately that the Star Wars villain will make an appearance, but the reason for speculation - that actor Spencer Wilding , who portrayed the Sith Lord in Rogue One , was joining the movie - has been shot down. (more...)
Robbery at Rajdhani: Passengers allege railway staff's involvement; 14 staff grounded Robbery at Rajdhani: Passengers allege railway staff's involvement; 14 staff grounded
- August 18, 2017

The Mumbai-Nizamuddin Rajdhani is one of the most prestigious trains that run on this route. So far, 11 FIRs have been filed. Passengers of the coach's said that they came to know about the incident when they woke up to see their purses and hand bags emptied and dumped near the toilets and vestibules. (more...)
Mylan Settles EpiPen Pricing Claims for $465M Mylan Settles EpiPen Pricing Claims for $465M
- August 18, 2017

Brand name drugs are subject to a higher Medicaid rebate that includes any difference between the drug's current price and the price the drug would have had if its price had increased only at the general rate of inflation. The settlement resolved claims that Mylan avoided higher rebates to state Medicaid programs by misclassifying EpiPen as a generic product, even through it was marketed and priced as a brand-name product. (more...)
For First Time, Army To Get Its Own Attack Helicopters, Boeing Apaches For First Time, Army To Get Its Own Attack Helicopters, Boeing Apaches
- August 18, 2017

The DAC also cleared a proposal to buy two sets of gas turbines from Ukraine for two Grigorovich class ships being built in Russian Federation for India. The deal for the turbines is worth Rs 490 crore. The Army's Aviation Corps has a requirement of 114 helicopters, but no contract now exists that fulfils any of this demand. (more...)
Wellington Management Group LLP Has $967000 Position in Lattice Semiconductor Corporation (LSCC) Wellington Management Group LLP Has $967000 Position in Lattice Semiconductor Corporation (LSCC)
- August 18, 2017

The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.07. Many analysts are providing their Estimated Earnings analysis for Cypress Semiconductor Corporation and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $0.23/share. (more...)
Eurozone Second Quarter GDP Growth Confirmed At 0 Eurozone Second Quarter GDP Growth Confirmed At 0
- August 17, 2017

On a monthly basis, harmonized consumer prices dropped 0.5% in July. Romanian GDP also accelerated strongly, rising at 5.9 percent on the year in the second quarter and marking a step up from the first quarter's 5.7 per cent growth. Hungary's economy grew at an impressive 3.2 per cent year-on-year, but this marked a pullback from the 4.2 percent pace seen in the first quarter, and was a little shy of forecasts. (more...)
Why Traders Are Chasing Emerson Electric Co. (EMR), Telefonica, SA (TEF) Why Traders Are Chasing Emerson Electric Co. (EMR), Telefonica, SA (TEF)
- August 17, 2017

The stock was acquired at an average cost of $25.50 per share, with a total value of $699,337.50. About 3.08M shares traded. It has outperformed by 1.77% the S&P500. Since May 15, 2017, it had 3 insider buys, and 0 sales for $3.37 million activity. $642,937 worth of stock was sold by Train Michael H . on Tuesday, February 21. (more...)
Alibaba Group Holding Limited (NASDAQ:BABA) Expected To Report Earnings On Thursday Alibaba Group Holding Limited (NASDAQ:BABA) Expected To Report Earnings On Thursday
- August 17, 2017

It has outperformed by 40.63% the S&P500. Global Thematic Partners Llc decreased Tiffany & Co New (NYSE:TIF) stake by 123,093 shares to 907,331 valued at $70.26 million in 2016Q4. Atlantic Securities downgraded it to "Overweight" rating and $80 target in Thursday, August 13 report. On Thursday, December 8 the stock rating was reinitiated by Morgan Stanley with "Overweight". (more...)