Money


Bharat-22 ETF opens today; government eyes Rs 8K crore Bharat-22 ETF opens today; government eyes Rs 8K crore
- November 15, 2017

In this ETF, the Retirement Fund has been made separate category of investors", a finance ministry statement said. Government companies constitute 61 percent of the index, and private sector companies are 39 percent. The ETF launched mirrors the S&P BSE Bharat 22 Index which comprises of select companies from the CPSE universe, stakes held under the Specified Undertaking of the Unit Trust of India (SUUTI) and Public Sector Banks (PSBs), from the underlying universe consisting CPSE companies, ... (more...)
Exports enters negative zone in Oct; trade deficit widens Exports enters negative zone in Oct; trade deficit widens
- November 15, 2017

The data shows 7.6 per cent growth in the trade deficit , which amounts to $37.11 billion in October from $34.5 billion in the year-ago period. Though IIP is measured in constant prices and trade figures are in current prices, non-oil/non-gold imports give a broad indicator of industrial demand. (more...)
Sun Pharma Q2 profit dives 59%, but beats estimates Sun Pharma Q2 profit dives 59%, but beats estimates
- November 15, 2017

EBITDA (earnings before interest, tax, depreciation and amortisation) is likely to fall 57 percent to Rs 1,357.4 crore and margin may shrink 1830 basis points to 20 percent YoY. Domestic sales grew 11 per cent to Rs 2,221 crore. US sales for the quarter fell 44 percent to $309 million while sales from India rose 11 percent. Taro Pharma, which contributes 16 percent to total sales and over 30 percent of total EBITDA, reported a 57.6 percent fall year-on-year in profit at Dollars 52.4 million ... (more...)
Uber handed class-action lawsuit from riders alleging sexual assault Uber handed class-action lawsuit from riders alleging sexual assault
- November 15, 2017

The lawsuit is seeking compensation for rapes, assaults, and harassment that riders have experienced - specifically passengers who were "subject to assault or gender-motivated violence or harassment by their Uber driver in the last four years". (more...)
Credit Suisse Charged by New York State Department Credit Suisse Charged by New York State Department
- November 15, 2017

Credit Suisse said it was "pleased to have reached a settlement with the DFS that allows the bank to put this matter behind it", and said it did not admit to any findings. The state said Credit Suisse predicted that the algorithm would generate about $2 million in profits in 2013. In late September, the British bank HSBC agreed to pay $175 million to avoid prosecution. (more...)
What Should You Know About Kulicke and Soffa Industries Inc's (KLIC) Growth?
- November 14, 2017

Investigating the productivity proportions of Wells Fargo & Company, ( NYSE: WFC ) stock, speculator will discover its ROE, ROA, ROI remaining at 11%, 1% and 5.5%, individually. It improved, as 14 investors sold Kulicke and Soffa Industries Inc . shares while 56 reduced holdings. Hbk Invests Ltd Partnership accumulated 78,605 shares. (more...)
Tesla factory is a 'hotbed for racist behavior': suit Tesla factory is a 'hotbed for racist behavior': suit
- November 14, 2017

Vaughn also claimed that Tesla's workplace was a "hotbed for racist behavior", and follows another lawsuit alleging racially-driven harassment and discrimination filed against the automaker last month . This is not the first lawsuit against the company. The company did not respond to Business Insider's requests for comment on the lawsuit Vaughn filed . (more...)
Dicks Sporting Goods Inc Takes a Hit Despite Earnings Beat Dicks Sporting Goods Inc Takes a Hit Despite Earnings Beat
- November 14, 2017

In terms of earnings per share , DKS did overwhelmingly well. "We expect earnings per diluted share to decline by as much as 20 percent in 2018", said CEO Edward Stack. The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Nordea Investment Management AB now owns 5,106 shares of the sporting goods retailer's stock worth $203,000 after purchasing an additional 26 shares during the period. (more...)
Advance Auto Parts shares surge after better-than-expected third quarter earnings Advance Auto Parts shares surge after better-than-expected third quarter earnings
- November 14, 2017

Citigroup Inc. cut their price objective on Advance Auto Parts to $99.00 and set a "neutral" rating for the company in a report on Wednesday, August 16th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.25 by $0.18. This is lower than the both industry's 1.17 and the wider sector's 3160.44. (more...)
Cambiar Investors LLC Has $11.83 Million Stake in Callon Petroleum Company (CPE)
- November 14, 2017

Callon Petroleum Company (NYSE: CPE ) hasconsensus analyst target price is $15.54. Pearson PLC had 323 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Tuesday, November 7 with "Buy". The stock of Callon Petroleum Company (NYSE:CPE) has "Buy" rating given on Tuesday, October 20 by Canaccord Genuity. (more...)
Traders Secrets on MannKind Corporation (MNKD), Take-Two Interactive Software, Inc. (TTWO)
- November 14, 2017

Further, company shares have been seen trading -53.88% off of the 52 week high and 381.84% away from the 52 week low. EPS serves as a pointer of a company's profitability/success. Growth in earnings per share is everything. MannKind Corp. ( MNKD ) now has a Return on Assets (ROA) value of 140.1 Percent. MannKind Corporation's revenue was down 98.7% compared to the same quarter previous year. (more...)
Stove Top offers stuffing-themed 'Thanksgiving Dinner Pants' Stove Top offers stuffing-themed 'Thanksgiving Dinner Pants'
- November 14, 2017

They are cranberry-colored stretchy pants accented with a fabric that features a stuffing pattern across the abdomen and in the pockets. But act fast! They are only available while supplies last, and they're limited to one "serving per person". (more...)
Candriam Luxembourg SCA Sells 176754 Shares of Delta Air Lines, Inc. (DAL)
- November 14, 2017

The VC1 of Delta Air Lines, Inc . The stock of Neurometrix Inc (NASDAQ:NURO) hit a new 52-week low and has $1.68 target or 4.00 % below today's $1.75 share price. (NYSE: DAL ) has "Buy" rating given on Thursday, May 25 by Stifel Nicolaus. The company's distance from 52-week high price is -12.30% and the current price is 11.60% away from 52-week low price. (more...)
Clark Estates Inc. NY Reduces Holdings in JP Morgan Chase & Co (JPM)
- November 14, 2017

Tiger Management Llc acquired 360,719 shares as Controladora Vuela Cia De Av (VLRS)'s stock declined 1.32%. Haverford Trust Co now controls 1,431,991 shares valued at $136,769,000. BMO Capital Markets maintained the stock with "Hold" rating in Wednesday, August 23 report. The correct version of this article can be viewed at https://weekherald.com/2017/11/14/clark-estates-inc-ny-reduces-holdings-in-j-p-morgan-chase-co-jpm.html. (more...)
Salesforce.Com Inc (CRM) Holdings Down in Latest Report from Alliancebernstein LP
- November 14, 2017

Inc. (NYSE: CRM)'s stock had its "overweight" rating reiterated by research analysts at Morgan Stanley in a research report issued on Wednesday. Currently, Salesforce.com has an average volume of 4.21M. (NYSE:CRM). Howard Hughes Medical Institute holds 0.07% or 4,361 shares. (NYSE:CRM) for 2,889 shares. Shine Investment Advisory Services Inc. bought a new stake in Salesforce.com during the second quarter valued at $130,000. (more...)
Croatia, Switzerland qualify for World Cup Croatia, Switzerland qualify for World Cup
- November 14, 2017

I can't say I have any great love of "the handsome game" of football. They have given everything. "But we know on the other side, management is such a hard job and if something came up, where it would be hard to turn down, no-one would ever begrudge him that". (more...)
Juniper Networks (NYSE:JNPR) Earns Media Impact Rating of 0.07
- November 14, 2017

The business's revenue was down 2.1% on a year-over-year basis. equities research analysts expect that Juniper Networks, Inc . will post 1.7 earnings per share for the current fiscal year. On October 25, 2017 William Blair reiterated a "Hold" rating on the company. L P increased its stake in Juniper Networks by 0.9% in the first quarter. (more...)
USA to dominate oil and gas markets 'for decades to come' USA to dominate oil and gas markets 'for decades to come'
- November 14, 2017

Some ministers for the Organization of Petroleum Exporting Countries said an extension of an agreement that sidelines about 2 percent of the total global demand for oil in an effort to balance the market was necessary next year. The United States can look forward to many more years of an unprecedented oil and gas boom. But the price crash had another effect: it forced a wave of innovation that has improved shale producers' productivity and efficiency. (more...)
TJX sales fall short in hurricane-hit third quarter TJX sales fall short in hurricane-hit third quarter
- November 14, 2017

TJX shares are down 5.8% this year. ( NYSE : TJX ) gross margin percentage stands at 28.8% while its operating margin for the past trailing twelve month is 11 percent and its overall profit margin (ttm) is 6.8 Percent. The news took investors by surprise as the company has been holding up well in the face of a broader slowdown in business for brick-and-mortar retailers like Macy's (M.N), Nordstrom (JWN.N) or JC Penney (JCP.N). (more...)
Tesla's VC takes leave from board following sexual harassment allegations Tesla's VC takes leave from board following sexual harassment allegations
- November 14, 2017

CNBC also reported, "A number of venture investors have been forced out of their firms in recent months because of harassment claims". Jurvetson sits on the boards of Tesla and SpaceX. At the firm, she contended, "predatory behavior is rampant". Silencing behaviour ranges from security w/in the firm creating files on women, to potential violations of revenge porn laws, to threats. (more...)