Money


Merck CEO Dumps Trump Merck CEO Dumps Trump
- August 19, 2017

Frazier's statement of principle was promptly greeted by a typically juvenile yet threatening tweet from the nation's chief executive, noting that Frazier would now have "more time to LOWER RIPOFF DRUG PRICES!" What Frazier said and did is consistent with the best traditions of corporate America. (more...)
Financial Review of Novavax, Inc. (NASDAQ:NVAX)
- August 19, 2017

Valuation Ratios of Novavax , Inc. Their technology platforms involve the use of proprietary, microscopic, organized, non-phospholipid structures as vehicles for the delivery of a wide variety of drugs and other therapeutic products, including certain hormones, anti-bacterial and anti-viral products and vaccine adjuvants. (more...)
American Facing Lawsuit Over Stained Wedding Dress American Facing Lawsuit Over Stained Wedding Dress
- August 19, 2017

A Boston-based Nigerian woman, Yetunde Oteh has filed a lawsuit demanding $3.4million (1billion naira) after alleging that an American Airlines flight attendant destroyed her wedding dress as she was travelling to her ceremony. The lawsuit claims that Masters' "willful and wanton conduct... has caused a lifetime of damage". Oteh did not make the Florida trip, the suit says, in part because she was "terrified that she would encounter the American Airlines flight attendants". (more...)
Unit Corporation (UNT) Rating Lowered to Sell at BidaskClub Unit Corporation (UNT) Rating Lowered to Sell at BidaskClub
- August 19, 2017

Toronto Dominion National Bank & Trust reported 80,211 shares. Tower Research Capital LLC TRC now owns 2,438 shares of the specialty chemicals company's stock worth $146,000 after buying an additional 1,890 shares in the last quarter. On Monday, September 14 the stock rating was maintained by Citigroup with "Neutral". It also upped Constellation Brands Inc (NYSE:STZ) stake by 1.26 million shares and now owns 3.94 million shares. (more...)
Could Rite Aid Corporation (RAD) Change Direction After Today's Significant Increase?
- August 19, 2017

Rite Aid Corporation (NYSE:RAD) has declined 55.18% since August 18, 2016 and is downtrending. It has underperformed by 71.88% the S&P500. Omni Partners Llp increased Rite Aid Corp (RAD) stake by 17.64% reported in 2016Q4 SEC filing. 598.79 million shares or 0.81% more from 593.98 million shares in 2016Q3 were reported. Canada Pension Plan Investment Board holds 0.04% or 1.32M shares in its portfolio. (more...)
Baird Downgrades Rating On Deere & Company (DE) To Baird Downgrades Rating On Deere & Company (DE) To "Outperform"
- August 18, 2017

Baird lowered shares of Deere & from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $140.00 to $130.00 in a research report on Friday. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have assigned a buy rating to the company's stock . (more...)
Effectively hedging the stocks in today's share market: Viacom, Inc. (VIAB) Effectively hedging the stocks in today's share market: Viacom, Inc. (VIAB)
- August 19, 2017

FUKOKU MUTUAL LIFE INSURANCE Co raised its stake in stocks of Viacom by 15.8% in the Q1. Great Lakes Advisors LLC now owns 16,983 shares of the company's stock worth $792,000 after buying an additional 112 shares during the period. It has returns on equity of 30.80%, which is measuring a corporation's profitability by revealing how much profit generates by VIAB with the shareholders' money. (more...)
Rayonier Advanced Materials Inc. (RYAM) Downgraded to Hold at Zacks Investment Research
- August 18, 2017

In other news, Director Delyle W. Bloomquist bought 5,600 shares of the stock in a transaction on Monday, August 14th. The volume of 0.83 Million shares climbed down over an trading activity of 706.72 Million shares. State Street Corp increased its stake in shares of Rayonier Advanced Materials by 8.8% in the fourth quarter. During the same quarter in the prior year, the firm earned $0.46 EPS. (more...)
RBI to issue new Rs 50 notes shortly RBI to issue new Rs 50 notes shortly
- August 18, 2017

In December 2016, the Reserve Bank of India had said that it will issue Rs 50 and Rs 20 denominations with numerals in ascending size in the number panels. Apart from this, the front of the note shows Mahatma Gandhi's portrait in the middle with the guarantee clause, Governor Urjit Patel's signature and the RBI emblem beside it. (more...)
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...)