Money


Argos forced to hand out £1.5m to underpaid workers
- August 18, 2017

However, small businesses have always been warned over Minimum Wage obligations. Frances O'Grady, general secretary of the TUC, said that the list could be the tip of the iceberg: "We know there are more wage-dodging employers out there". (more...)
Winton Group Ltd Adjusts Its Stake in Cisco Systems, Inc. (CSCO) Stock Winton Group Ltd Adjusts Its Stake in Cisco Systems, Inc. (CSCO) Stock
- August 18, 2017

Its down 0.02, from 1.09 in 2016Q3. 117 funds opened positions while 651 raised stakes. 78,567 are held by Bancorpsouth Incorporated. Meiji Yasuda Asset Mngmt invested in 29,614 shares. (CSCO) traded down 1.55% on Friday, reaching $30.56. Also, SVP Rebecca Jacoby sold 92,840 shares of Cisco Systems stock in a transaction dated Wednesday, June 14th. (more...)
Calpine agrees to be acquired for $5.6bn in cash Calpine agrees to be acquired for $5.6bn in cash
- August 18, 2017

VolitionRX Ltd (NYSEMKT:VNRX) has declined 0.29% since August 18, 2016 and is downtrending. It has underperformed by 8.03% the S&P500. Steve Leonard increased its stake in Staples Inc (SPLS) by 6.96% based on its latest 2016Q4 regulatory filing with the SEC. (more...)
IndiGo cancels 84 flights, grounds 13 planes over engine problems IndiGo cancels 84 flights, grounds 13 planes over engine problems
- August 18, 2017

Budget-carrier Indigo on Friday dismissed media reports claiming that the airline had cancelled 84 flights following engine failures in its Airbus A320 New Engine Operation aircraft. It has asked the company to increase the number of spare engines. PTI today had reported that 13 Airbus A320 NEO aircraft were grounded due to the Pratt & Whitney-supplied engine issues, forcing the airline to cancel 84 flights on Friday. (more...)
Barcelona attack: 26 French among injured Barcelona attack: 26 French among injured
- August 18, 2017

At least one person was killed and more than 16 injured in that explosion. The broadcaster says police suspected they were planning an attack in Cambrils just hours after a van swerved onto a pedestrian promenade in Barcelona , killing 13. (more...)
Explosive belts worn by Cambrils attackers were fake Explosive belts worn by Cambrils attackers were fake
- August 18, 2017

Catalonia police spokesman Josep Lluis Trapero added that a driver who mowed down crowds of pedestrians in the first attack in a busy Barcelona street on Thursday could be among the five suspects later shot dead in a nearby city. On Friday morning, the regional head of the region announced that the explosive belts on the suspects were fake. An Irish family have been caught up in the terror attack in Barcelona . (more...)
1.8 million voters' information leaked on internet 1.8 million voters' information leaked on internet
- August 18, 2017

The data repository the information was stored in was owned and operated by the Omaha, Nebraska-based voting machine firm Election Systems & Software (ES&S). Ben Johnson, a former U.S. National Security Agency computer scientist and current chief technology officer and co-founder of Obsidian Security , told International Business Times the risk of data exposure increases with each additional party involved in the process. (more...)
Cedar Realty Trust, Inc. (CDR) Cedar Realty Trust, Inc. (CDR)
- August 18, 2017

Tenet Healthcare Corp now has $1.31 billion valuation. BlackRock Inc. now owns 14,519,268 shares of the real estate investment trust's stock valued at $292,418,000 after buying an additional 271,896 shares in the last quarter. The Oklahoma-based Prescott Group Capital Management L.L.C. has invested 0.14% in the stock. Tortoise Investment Mngmt Llc accumulated 297 shares. Kite Realty Group Trust had a ROE of 0.73% and a net profit margin of 3.29%. (more...)
Heineken deal to buy Punch pub chain cleared by regulators Heineken deal to buy Punch pub chain cleared by regulators
- August 18, 2017

Punch shareholders approved Heineken's 180p per share takeover offer in February, and this latest news now means the deal can go ahead. However, while the deal was agreed in December a year ago, the competition watchdog gave the Dutch brewing giant until 20 June to address worries the deal could have a negative impact on competition in 33 locations across Britain . (more...)
Houghton Mifflin Harcourt Co (HMHC) Needle Moving on Volume
- August 18, 2017

Cramer Rosenthal Mcglynn Ltd Liability reported 2.24M shares. Marshall Wace Ltd Liability Partnership owns 80,027 shares or 0.01% of their U.S. portfolio. Macquarie Research maintained Oshkosh Corp (NYSE:OSK) on Monday, September 26 with "Neutral" rating. Investors sentiment decreased to 1.26 in Q4 2016. (more...)
Lawsuit against former Uber CEO Lawsuit against former Uber CEO "public and personal attack"
- August 18, 2017

The filing alleges that Benchmark Capital principals "handed Kalanick a draft resignation letter, and told him he had hours to sign it, or else Benchmark would start a public campaign against him". He also argued that the legal quarrel should take place in arbitration and that Delaware's Chancery Court, where the lawsuit was filed, lacks jurisdiction. (more...)
Wall Street cautious after Barcelona terror attacks and continued Trump political fallout Wall Street cautious after Barcelona terror attacks and continued Trump political fallout
- August 18, 2017

Rumours that former Goldman Sachs President Gary Cohn would resign as head of the national economic council anxious investors. "Nothing's changed", a White House official said. The pan-European FTSEurofirst 300 index lost 0.59 percent and MSCI's gauge of stocks across the globe shed 0.57 percent. Shares of Dow component Cisco Systems fell 4 percent a day after its results, while Wal-Mart was down 1.6 percent after the retailer reported a drop in margins due to continued price cuts and ... (more...)
Estee Lauder beats forecasts on booming cosmetics demand
- August 18, 2017

Banco Santander S.A. raised its position in Estee Lauder Companies, Inc. Falcon Edge Capital Lp increased Yum Brands Inc (YUM) stake by 64.22% reported in 2016Q4 SEC filing. The institutional investor owned 73,618 shares of the company's stock after buying an additional 600 shares during the period. This dividend represents a yeild of $1.34 which is the dividend as a percentage of the current share price. (more...)
Estee Lauder's FY profit forecast tops Street, shares rise
- August 18, 2017

Douglas Lane & Associates LLC increased its position in shares of Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Assenagon Asset Management S.A. Oppenheimer Holdings, Inc. reiterated an "outperform" rating and set a $110.00 price target (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (more...)
Foot Locker Inc. Q2 Income Falls 36% Foot Locker Inc. Q2 Income Falls 36%
- August 18, 2017

See Brown & Brown, Inc. Analysts polled by StreetAccount expected an increase of 1 percent. Its up 0.20, from 0.89 in 2016Q3. Excluding this charge, which reduced after-tax earnings by 23 cents per share, non-GAAP earnings were 62 cents per share. (more...)
United Kingdom government completes sale of Green Investment Bank United Kingdom government completes sale of Green Investment Bank
- August 18, 2017

Announcing completion of the deal today, Macquarie confirmed it is committed to the GIB's target of leading £3bn of investment in green energy projects over the next three years. But Macquarie insists that the newly renamed Green Investment Group (GIG) will continue to invest in green infrastructure in the United Kingdom, with added scope to further expand internationally. (more...)
Ford agrees to settle racial, sexual harassment investigation for $10.1 million Ford agrees to settle racial, sexual harassment investigation for $10.1 million
- August 18, 2017

Therefore 44% are positive. Fortum Oyj had 2 analyst reports since September 16, 2015 according to SRatingsIntel. Ford says it chose to resolve the issue "voluntarily" and is "fully committed to a zero-tolerance, harassment-free work environment at all facilities". (more...)
Exxon Mobil Corporation (NYSE:XOM) Chalking Up Volume in Session Exxon Mobil Corporation (NYSE:XOM) Chalking Up Volume in Session
- August 18, 2017

Exxon Mobil Corp now has $323.12 billion valuation. Tightening the gaze, stock performance for the last 5 trading days is -3.42%. The share of Exxon Mobil Corporation (XOM ) now has a value of $77.47 while the company's 52 week low is at $77.68, the shares dropped to the 52 week low on 08/16/17. (more...)
Metals: Gold Continues Rise After Fed Minutes Show Division Metals: Gold Continues Rise After Fed Minutes Show Division
- August 18, 2017

Suncor Energy Inc was the biggest drag on the TSX, ending down 1.9 per cent at C$39.94. At the July meeting, officials voted to keep the Fed's benchmark rate unchanged in a range of 1 percent to 1.25 percent. Most senior Federal Reserve officials wanted to wait until an "upcoming" meeting to unveil a long-awaited selloff of the central bank's $4.5 trillion in bond holdings, hinting at an announcement in September, according to minutes of the Fed's meeting in July. (more...)
Intel CEO quits Trump council, condemns white supremacist violence Intel CEO quits Trump council, condemns white supremacist violence
- August 18, 2017

In a statement posted to Merck's Twitter account, Frazier referenced the president's failure to specifically call out white nationalists who marched in Charlottesville, Virginia, over the weekend. Under Armour CEO Kevin Plank also quit on Monday. Frazier is not the first executive to resign from advisory councils serving Trump. The president of the A.F.L. (more...)

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