Money


Carbon-fiber maker Toray admits that unit falsified data Carbon-fiber maker Toray admits that unit falsified data
- November 28, 2017

It is the latest in a series of Japanese corporate scandals in which major corporations have admitted to lapses in quality control. In its public acknowledgement of the issue, Toray said "business ethics and fairness are considered top priorities" and stressed that it would "redouble efforts relating to compliance adherence, and together with recurrence prevention measures, will do our utmost to recover the trust placed in our company". (more...)
MPs left unimpressed by government's handling of Urgent Question on impact papers MPs left unimpressed by government's handling of Urgent Question on impact papers
- November 28, 2017

A string of Conservative MPs, including Ken Clarke, Jacob-Rees Mogg, and Christopher Chope, also said if the Government wanted to retract information from the documents then it must propose a new motion explicitly saying so. "That's the volume of paperwork I would have expected for a pretty routine crown court trial in my old world". Brexit minister Robin Walker insisted that the government "had to protect commercially sensitive information" and "we have been as open as possible with these ... (more...)
Increases Stake in UnitedHealth Group Incorporated (UNH)
- November 28, 2017

The Old National Bancorp holds 8,252 shares with $1.53M value, up from 6,441 last quarter. Over the last ninety days, insiders have sold 40,148 shares of company stock valued at $6,806,849. Gsa Capital Partners Llp decreased Medtronic Plc (NYSE:MDT) stake by 19,675 shares to 7,237 valued at $642,000 in 2017Q2. Schlumberger Ltd (NYSE:SLB) was reduced too. (more...)
Iowa State's Matt Campbell inks new contract Iowa State's Matt Campbell inks new contract
- November 28, 2017

Campbell helped Iowa State upset Oklahoma and TCU, and he Football Scoop had reported that he was strongly being considered for the open Nebraska job. It now seems Campbell will not be leaving Iowa State at all. One of the sport's rising stars has backed up his words with action, as the Cyclones announced on Monday that they've agreed to a new deal with their 37-year-old coach. (more...)
Barracuda Networks, Inc. (CUDA) Lowered to Barracuda Networks, Inc. (CUDA) Lowered to "Neutral" at Rosenblatt Securities
- November 28, 2017

Rosenblatt Securities reaffirmed a buy rating and issued a $30.00 price target on shares of Barracuda Networks in a research note on Monday, October 9th. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,667,559 shares of company stock worth $65,815,738. However, the institutional investors are observed to own 84.50% of the total shares. (more...)
(PFE) Shares Sold by Chesapeake Asset Management LLC
- November 28, 2017

It worsened, as 58 investors sold PFE shares while 716 reduced holdings. Dnb Asset As reported 0% stake. Moreover, Sonata Cap has 0.46% invested in AT&T Inc. Pfizer had 66 analyst reports since July 29, 2015 according to SRatingsIntel. VANGUARD GROUP INC raised its stake in Pfizer Inc . (NYSE: PFE ). Wolverine Asset Management Ltd Com holds 0.01% or 28,200 shares. (more...)
Notable Buzzers: Novavax, Inc. (NVAX), Microsoft Corporation (MSFT)
- November 28, 2017

NVAX has been the subject of a number of other research reports. Chardan Capital reaffirmed a hold rating and set a $1.50 price objective on shares of Novavax in a research report on Tuesday, February 28th. The company beat the analyst EPS Estimate with the difference of $0.02. The company's revenue for the quarter was up 158.5% compared to the same quarter previous year. (more...)
Philip Morris International Inc. (PM) Philip Morris International Inc. (PM)
- November 28, 2017

Schwab Charles Investment Management Inc. grew its position in shares of Philip Morris International by 8.9% during the 2nd quarter. On average, analysts expect that Philip Morris International will report full-year sales of $8.40 billion for the current financial year, with estimates ranging from $28.32 billion to $28.92 billion. (more...)
BWW to be acquired by Arby's in proposed deal BWW to be acquired by Arby's in proposed deal
- November 28, 2017

Once the deal closes Buffalo Wild Wing will become a privately held subsidiary of Arby's and will continue to operate as an independent brand. Wells Fargo & Company reduced their price target on shares of Buffalo Wild Wings from $115.00 to $100.00 and set a market perform rating for the company in a report on Wednesday, October 18th. (more...)
OECD Sees Strength In Global Growth OECD Sees Strength In Global Growth
- November 28, 2017

The growth rate was seen at 1.9 percent in 2019. Asia's fourth-largest economy expanded 1.4 percent in the July-September period from three months earlier, according to the data from the Organization for Economic Cooperation and Development (OECD). (more...)
It's #GivingTuesday and here's how you can help It's #GivingTuesday and here's how you can help
- November 28, 2017

But Tuesday is different - instead of deals and meals, it's a day to give back. In the Capital City, the YMCA of Greater Montgomery is hoping to be part of your Giving Tuesday Donations, as wells as Child Protect and the Central Alabama Community Foundation. (more...)
Two planes clip wings on taxiway at New York's JFK airport Two planes clip wings on taxiway at New York's JFK airport
- November 28, 2017

The incident did not affect airport operations, she said. The EgyptAir flight was headed to Cairo, the Virgin Airlines flight to London, the FAA said. A Virgin Atlantic spokesperson said tail number G-VRAY, operating as VS4 from NY to London Heathrow, was "stationary" at a runway hold position when the collision occurred. (more...)
Scotiabank agrees to buy BBVA's stake in BBVA Chile for $2.2 bln Scotiabank agrees to buy BBVA's stake in BBVA Chile for $2.2 bln
- November 28, 2017

Scotiabank's profit for the fourth fiscal quarter fell just shy of analysts' expectations. Earnings per share of C$1.64 grew 4 percent from C$1.57 a year ago. Scotiabank has offered to acquire BBVA's interests in BBVA Chile, and certain subsidiaries, for approximately US$2.2 billion (CAD$2.9 billion). Provisions for credit losses, or money the bank sets aside to cover bad loans fell to $536-million, a decrease of $14-million from the fourth quarter of 2016 due mostly to lower provisions in ... (more...)
Casino Signs Agreement With Ocado to Launch Grocery Ecommerce Platform Casino Signs Agreement With Ocado to Launch Grocery Ecommerce Platform
- November 28, 2017

It's part of a push to turn Ocado into a global technology provider, not just a United Kingdom online grocer. "There's never been much doubt about Ocado's technology, but to what extent the group can monetise its wondrous whirring machines has always been debated", said George Salmon, equity analyst at Hargreaves Lansdown . (more...)
Man arrested in deadly Florida sword attack Man arrested in deadly Florida sword attack
- November 28, 2017

A prosecutor argued on Sunday that given Livingston's past prison sentences, a bond should be denied. Palm Beach County Sheriff's spokeswoman Teri Barbera said the two men got into a fight near the homeless camp where they both lived in Lake Worth . (more...)
Financial Enhancement Group LLC Takes Position in iShares TIPS Bond ETF (TIP)
- November 28, 2017

The indicator is computed by using the average losses and gains of a stock over a certain time period. When applying indicators for technical analysis, traders and investors might want to check out the ATR or Average True Range. The ADX measures the strength or weakness of a particular trend. This represents a $2.61 dividend on an annualized basis and a yield of 2.29%. iShares TIPS Bond ETF's dividend payout ratio is 69.76%. (more...)
MGM Resorts International (MGM) Insider Sells 61600 Shares of Stock
- November 28, 2017

MGM Resorts International (MGM) has $19.19B valuation. It was reported on Nov, 27 by Finviz.com . The company has market cap of $1.31 billion. The stock increased 0.54% or $0.74 on November 24, reaching $138.01. MGM Resorts International most recently reported earnings per share (EPS) of $0.34 for the September 2017 versus $0.35 in the same quarter previous year, representing -3% growth. (more...)
IAG lands Monarch's Gatwick slots IAG lands Monarch's Gatwick slots
- November 28, 2017

The sale, first reported by the Press Association, will secure much-needed funds for KPMG with which to partially reimburse the fallen carrier's creditors. Monarch's collapse left 1,858 workers without jobs and around 8,60,000 people without flights, many of them needing to be rescued by government-chartered planes. (more...)
Cyber Monday hits local business Cyber Monday hits local business
- November 28, 2017

Now we are talking. Above all, realize that your credit card information isn't any more vulnerable online than it is when you're standing in line. So our $42 Lego set is now down to $24, with shipping being free. "You can set up a text message or email for your credit card or your debit card that says if the transaction hits a certain volume or amount send me a text alert", said Brian Kelly, Quinnipiac University's chief information security officer. (more...)
Barclays PLC Reaffirms Barclays PLC Reaffirms "Overweight" Rating for Royal Dutch Shell plc (RDSA)
- November 28, 2017

Power behemoths that include Engie from France and E.ON from Germany, along with smaller participants like ChargePoint a USA startup, are all putting up vehicle charging networks across Europe, but Shell said that IONITY technology is the key to addressing problems with trip distances between charges. (more...)

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