Money


United Kingdom manufacturing growth was stronger in October, says PMI survey United Kingdom manufacturing growth was stronger in October, says PMI survey
- November 01, 2017

At the sector level, improvements in consumer goods negated deteriorations in investment and intermediate goods. Expansion was broad-based, with most sub-sectors registering output growth thanks to accelerating new business. New export orders increased at a slightly slower pace as well, according to IHS Markit , due to the recent fluctuations in the pound sterling. The upswing in purchasing costs was linked to rising commodity prices, the exchange rate and supply chain constraints (such as ... (more...)
Lockheed Martin Corporation (LMT), American Electric Power Company, Inc. (AEP) Lockheed Martin Corporation (LMT), American Electric Power Company, Inc. (AEP)
- November 02, 2017

Akerson bought 2,500 shares of the business's stock in a transaction that occurred on Wednesday, October 25th. WARNING: "Traders Sell Shares of Lockheed Martin Corporation (LMT) on Strength (LMT)" was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. (more...)
Hudson's Bay invites bids on its iconic downtown Vancouver location Hudson's Bay invites bids on its iconic downtown Vancouver location
- November 01, 2017

Earlier, Reuters reported that Signa, which owns German department store chain Karstadt, had submitted a fully-financed 3 billion euro ($3.5 billion) bid to buy HBC's German department store operation Kaufhof. The takeover included more than 103 Galeria Kaufhof stores, 16 Sportarena stores and 16 Galeria Inno stores. Hudson's Bay Company (TSX:HBC) now has a 10-year dividend growth rate of -92.23%. (more...)
Amsterdam bans 'beer bikes' amid complaints of unruly behavior Amsterdam bans 'beer bikes' amid complaints of unruly behavior
- November 01, 2017

A resident reportedly said Amsterdam "has become a giant attraction park" with the flood of tourists heading to the city each year, according to the BBC . Judges struck down the ban at the time, arguing that it was not properly motivated. The court also cited the beer bikes' slow speed which leads to traffic congestion on the city's busy and narrow streets. (more...)
Investor are paying more for Vertex Pharmaceuticals Incorporated (VRTX)
- November 01, 2017

First Quadrant L P CA owned about 0.05% of Vertex Pharmaceuticals worth $19,737,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also bought and sold shares of the company. Stifel Nicolaus boosted their price objective on Vertex Pharmaceuticals from $130.00 to $154.00 and gave the company a "buy" rating in a research report on Tuesday, July 18th. (more...)
US Manufacturing Index Pulls Back Off Thirteen-Year High In October US Manufacturing Index Pulls Back Off Thirteen-Year High In October
- November 01, 2017

Meanwhile, the employment index ticked down to 59.8 from 60.3. Back-to-back hurricanes and their impact on production and transportation of raw materials put a crimp in United States manufacturing expansion in October, says an industry survey released on Wednesday (Nov 1). (more...)
Corning Incorporated (NYSE: GLW)
- November 01, 2017

The Display Technologies segment manufactures glass substrates for flat panel liquid crystal displays (LCDs). However, managemnt expects Specialty Materials segment to remain weak in the upcoming quarter due to lower-than-expected demand for mobile devices. (more...)
Philip Morris International Inc's (NYSE:PM) Sentiment is 0.88
- November 01, 2017

Schwab Charles Investment Management Inc. now owns 5,516,954 shares of the company's stock valued at $647,967,000 after acquiring an additional 452,857 shares in the last quarter. 91 funds opened positions while 275 raised stakes. Clarivest Asset Mgmt Ltd Liability Corporation has 2,452 shares for 0.01% of their portfolio. (TGNA)'s shares projecting a $16.7 target price. (more...)
Fed leaves interest rates alone and waits for Trump's big decision
- November 01, 2017

Trump's leading choice to follow current chair Janet Yellen is Jerome "Jay" Powell, who up until recently was the only Republican on the Fed board. "H$3 owever, inflation for items other than food and energy remained soft". In view of realized and expected labor market conditions and inflation, the Committee made a decision to maintain the target range for the federal funds rate at 1 to 1-1/4 percent. (more...)
Frontier Communications Posting Steep Loss In Afternoon Trading Frontier Communications Posting Steep Loss In Afternoon Trading
- November 01, 2017

McKenney holds 1,377,847 (1.75% of shares outstanding). Basso Capital Management Lp decreased its stake in Frontier Communications Corp (Call) ( FTR ) by 44.44% based on its latest 2017Q2 regulatory filing with the SEC. Their activity in FTR in recent trading has also spurred interest in the stock. Weslock Kathleen also bought $65,750 worth of Frontier Communications Corp (NASDAQ: FTR ) on Tuesday, May 16. (more...)
Fiat Chrysler, GM report sales drops while Ford gains Fiat Chrysler, GM report sales drops while Ford gains
- November 01, 2017

It has underperformed by 33.33% the S&P500. The business's revenue was up 10.3% compared to the same quarter past year. Acadian Asset Management LLC now owns 28,095 shares of the auto manufacturer's stock worth $795,000 after buying an additional 1,722 shares in the last quarter. (more...)
3D Systems Plunges 16% as Results Hit by Re-Org 3D Systems Plunges 16% as Results Hit by Re-Org
- November 01, 2017

River & Mercantile Asset Management LLP now owns 120,121 shares of the 3D printing company's stock valued at $2,246,000 after buying an additional 63,851 shares during the period. The company has -5.40% returns on equity value while its ROI ratio was -5.90%. The Price vs. 52 Week High indicators basically gives the clue to identify price direction. (more...)
Overview of Different Indicators: Heartland Express, Inc. (HTLD), Verizon Communications Inc. (VZ)
- November 01, 2017

COPYRIGHT VIOLATION WARNING: " Verizon Communications Inc .to Post Q4 2017 Earnings of $0.88 Per Share, William Blair Forecasts (VZ)" was reported by TrueBlueTribune and is owned by of TrueBlueTribune. Analyst's mean target price for Verizon Communications Inc . is $50.29. The business had revenue of $30.90 billion for the quarter, compared to analyst estimates of $31.08 billion. (more...)
7-year Old Girl Tried to Escape from Switzerland with a Plane 7-year Old Girl Tried to Escape from Switzerland with a Plane
- November 01, 2017

A seven-year-old girl managed to get through security and board an EasyJet flight at Geneva airport without ever showing a boarding pass or identity card, local media has reported. Her dad rang police when they noticed she was missing and a search in the area was immediately launched. "The crew correctly identified the child should not be on board and immediately reported it to the police", the statement added. (more...)
AGs look to expand generic price-fixing probe AGs look to expand generic price-fixing probe
- November 01, 2017

Attorneys general in 45 states as well as the District of Columbia want to sue Malik as well as the CEO of Emcure Satish Mehta, as part of an expanded complaint against the pharmaceuticals companies, said a prepared statement from George Jepsen the AG of CT. (more...)
Zimmer Biomet Holdings, Inc. (ZBH), Monsanto Company (MON) — Hot Trending Stocks Zimmer Biomet Holdings, Inc. (ZBH), Monsanto Company (MON) — Hot Trending Stocks
- November 01, 2017

Other hedge funds have also modified their holdings of the company. Finally, Acrospire Investment Management LLC purchased a new stake in Zimmer Biomet Holdings during the third quarter worth about $130,000. Zimmer Biomet Holdings had a net margin of 9.12% and a return on equity of 16.70%. Analysts expect next quarter's EPS will be $2.27 with next year's EPS anticipated to be $8.76. (more...)
OMERS ADMINISTRATION Corp Invests $2.11 Million in Starbucks Corporation (SBUX) Stock
- November 01, 2017

It has underperformed by 114.74% the S&P500. The company has market cap of $79.18 billion. Cmn ( SBUX ) by 60.91% based on its latest 2017Q2 regulatory filing with the SEC. Moreover, Lenox Wealth has 0.02% invested in Starbucks Corporation (NASDAQ: SBUX ). During the past 20 days, SBUX has increased 1.57% while the broad market has increased 1.70%. (more...)
First United Bank Trust Cuts Position in CSX Corporation (CSX)
- November 01, 2017

CSX Corporation's unique combination of rail, container-shipping, intermodal and logistics services provides global reach that's second to none. Several other institutional investors and hedge funds have also added to or reduced their stakes in CSX. (more...)
Sassa, Post Office in Desperate Bid to Solve Grants Crisis Sassa, Post Office in Desperate Bid to Solve Grants Crisis
- November 01, 2017

The controversial workstreams were tasked with dealing with the social grant payment crisis that gripped the country earlier this year in March when the contract of current service provider, Cash Paymaster Services (CPS), was due to expire on April 1 after the ConCourt found in 2014 the contract between CPS and Sassa was illegal. (more...)
MBIA, Inc. (MBI) Cut to "Hold" at ValuEngine
- November 01, 2017

MKM Partners reaffirmed a "buy" rating on shares of MBIA in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. (more...)

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