Money


European Union scrutinizes Monsanto takeover by Bayer European Union scrutinizes Monsanto takeover by Bayer
- August 22, 2017

The EU on Tuesday said it was concerned the Bayer-Monsanto deal would lead to higher prices, lower quality, less choice and less innovation in the markets for pesticides, seeds and for plant traits, which can be developed in laboratories and introduced in some varieties of plants. (more...)
Comcast Corporation (CMCSA) Receives $45.69 Consensus Target Price from Analysts Comcast Corporation (CMCSA) Receives $45.69 Consensus Target Price from Analysts
- August 22, 2017

It has outperformed by 12.26% the S&P500. Tocqueville Asset Management Lp decreased Devry Education Group Inc. The stock had a trading volume of 19,547,097 shares. The correct version of this report can be viewed at https://www.themarketsdaily.com/2017/08/22/comcast-corporation-cmcsa-shares-bought-by-sound-shore-management-inc-ct.html. (more...)
Staton Financial Advisors LLC Raises Position in Intel Corporation
- August 22, 2017

It has outperformed by 2.77% the S&P500. South Texas Money Mngmt Limited reported 1.11 million shares. Intel Corporation's average Book Value per Share Growth Rate was 12.5 percent during the past 12 months. Sensato Invsts Limited Liability Corporation stated it has 198,900 shares or 1.24% of all its holdings. Veritas Management (Uk) Ltd holds 0.06% of its portfolio in Intel Corporation (NASDAQ:INTC) for 4,100 shares. (more...)
Cisco acquires Springpath for $320M, bolstering software-defined data center strategy Cisco acquires Springpath for $320M, bolstering software-defined data center strategy
- August 22, 2017

I am proud to share that today Cisco announced its intent to acquire Springpath, Inc., a leader in hyperconvergence software based in Sunnyvale, Calif. This acquisition will allow Cisco to continue to grow its computing business, enabling more customers to realize the benefits of simple and economic software-defined infrastructure. (more...)
Did The Estee Lauder Companies Inc. (EL) Trigger A Buy Signal? Did The Estee Lauder Companies Inc. (EL) Trigger A Buy Signal?
- August 22, 2017

Other hedge funds and other institutional investors have also bought and sold shares of the company. (The) by 3.9% in the first quarter. (EL) ended its day with gain 0.53% and finalized at the price of $106.48. California Public Employees Retirement Sys invested in 0.03% or 372,500 shares. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.28%. (more...)
US Sanctions Chinese, Russian Companies Aiding N. Korea US Sanctions Chinese, Russian Companies Aiding N. Korea
- August 22, 2017

OFAC has issued sanctions against 10 entities and six individuals "in response to North Korea's ongoing development of weapons of mass destruction (WMD), violations of United Nations (UN) Security Council Resolutions, and attempted evasion of USA sanctions", the Treasury Department said Tuesday . (more...)
Target Corporation's (TGT) Hold Rating Reaffirmed at Stifel Nicolaus
- August 22, 2017

Executive Officer, Liu Don H, purchased 2,000 common shares of Target Corporation (TGT ) in the open market. The fund owned 5,443 shares of the retailer's stock after buying an additional 1,598 shares during the period. TRADEMARK VIOLATION NOTICE: " Target Corporation (TGT ) Stake Increased by Fulton Bank N.A." was posted by Markets Daily and is the sole property of of Markets Daily. (more...)
Original 'Eleanor Rigby' score expected to sell for 20k Original 'Eleanor Rigby' score expected to sell for 20k
- August 22, 2017

They're expected to reach between £2,000 and £4,000, and whoever buys them will have the right to be buried on top of Ms Rigby in St Peter's churchyard in Woolton , Liverpool. But it later emerged that it was inscribed on a headstone in the graveyard which he and Lennon used to regularly use as a shortcut. (The photo above is the statue in her honor in Liverpool.) Rigby, who died on October 10, 1939, at age 44, is buried there along with several relatives. (more...)
SEA Games: Singapore wins women's 4x100m freestyle relay in new Games record SEA Games: Singapore wins women's 4x100m freestyle relay in new Games record
- August 22, 2017

Indonesia was third in 3:23.65. Joined by her sister Quah Ting Wen and teammates Amanda Lim and Natasha Ong , the foursome registered a final time of 3:44.38 to set a new National and Games record en route to gold. Team Singapore successfully defended their SEA Games men's 4x100m freestyle title on Tuesday (Aug 22) in record-breaking time. 16-year-old Quah Jing Wen , also of Singapore, earned her first swimming gold medal in Kuala Lumpur, topping the podium in the women's 200m ... (more...)
U.S. dollar buoyed by positioning for possible Jackson Hole rebound U.S. dollar buoyed by positioning for possible Jackson Hole rebound
- August 22, 2017

The US dollar drifted lower versus the yen for much of the day, coming close to erasing all of its gains from Friday's bump up that followed the stronger-than-expected consumer sentiment data from the University of MI. In the NY session, Canada retail sales and U.S. Federal Housing finance agency's house price index for June are set for release. Gold prices have strengthened, up 0.6% trading at $1,292 an ounce.WTI Crude Oil prices have fallen sharply, down 2.9% trading at $47.12 a ... (more...)
United Kingdom pensions regulator to prosecute former BHS owner United Kingdom pensions regulator to prosecute former BHS owner
- August 22, 2017

The Pensions Regulator (TPR) is to prosecute Dominic Chappell, the former director and majority shareholder at Retail Acquisitions, for failing to provide requested information and documents to aid the investigation into the sale of BHS. Green eventually agreed to pay £363m to help plug this deficit. RAL was put into liquidation earlier this year . Under Chappell's tenure, £8.4 million was taken out of BHS by Retail Acquisitions, with £6 million still owed when it collapsed a year ago. (more...)
Child abducted from Santa Maria Child abducted from Santa Maria
- August 22, 2017

The search began after police were dispatched to a shooting Monday in Santa Maria and found an unspecified victim deceased. During the investigation, police requested an Amber Alert for Daniel Marozov, the news release stated. The boy has white skin, brown hair and brown eyes. The police ask people to pay special attention to border crossings and global airports. He was last seen wearing blue jeans and is believed to be in the company of Konstantin Morozov. (more...)
Authorities ID pilot from California who died in plane crash near Madras Authorities ID pilot from California who died in plane crash near Madras
- August 22, 2017

When emergency responders got to the scene, the plane was engulfed in flames, according to the Central Oregon Emergency Information Network, which is operated by local, state and federal officials. Authorities said their preliminary investigation indicated a plane owned by Paramount Air - an aerial advertising company based in the township - had been circling for a landing when the aircraft lost power and crashed into a nearby marsh. (more...)
Rapper Keak Da Sneak shot, injured in Richmond Rapper Keak Da Sneak shot, injured in Richmond
- August 22, 2017

Officers responding to reports of a shooting at a gas station at Carlson Boulevard and Imperial Way found the 39-year-old rapper, whose legal name is Charles Williams , on the ground with gunshot wounds to his upper torso, said Richmond police Lt. (more...)
United States stocks flat ahead of central bank summit United States stocks flat ahead of central bank summit
- August 22, 2017

Despite recent losses, it is still up more than 11 percent this year, making it the best performing currency in the G10 currency space. A lot of the discussion surrounding current Chair Janet Yellen's participation at this year's Jackson Hole symposium is regarding her coming to the end of her term as Fed Chief. (more...)
Lidl is now the UK's seventh largest supermarket Lidl is now the UK's seventh largest supermarket
- August 22, 2017

Fraser McKevitt, head of retailer and consumer insight at Kantar said ten million households visited the retailer in the past 12 weeks and Lidl is growing sales 40 per cent faster with families than with households without children. The supermarket is rapidly growing its sales to families, with households increasing the amount they take to the till every time they shop. Only The Coop saw a decline in sales, falling 0.4%, although Kantar attributed this to its sale of around 300 of its ... (more...)
Buffett's Berkshire Spared From S&P Downgrade After Oncor Deal Collapses Buffett's Berkshire Spared From S&P Downgrade After Oncor Deal Collapses
- August 22, 2017

The Berkshire agreement had been opposed by Energy Futures investor Elliott Management, which is led by billionaire Paul Singer. "With its strong management team and long, distinguished history as Texas' leading electric provider, Oncor is an excellent strategic fit for our portfolio of utility and energy infrastructure businesses", said Sempra chief executive Debra Reed. (more...)
Freeport-McMoran, Inc. (FCX) Position Raised by Eqis Capital Management Inc Freeport-McMoran, Inc. (FCX) Position Raised by Eqis Capital Management Inc
- August 22, 2017

The price now stands at $14.82. M Holdings Securities Inc. now owns 14,396 shares of the natural resource company's stock worth $192,000 after buying an additional 150 shares during the period. First Manhattan Co. now owns 10,067 shares of the natural resource company's stock valued at $120,000 after buying an additional 33 shares in the last quarter. (more...)
Endo International PLC (ENDP) Shares Move 14.89%
- August 22, 2017

Oppenheimer Holdings, Inc. reaffirmed a "hold" rating on shares of Endo International PLC in a report on Sunday, July 23rd. Nationwide Fund Advisors increased its position in shares of Endo International PLC by 400.0% in the first quarter. (more...)
Doorstep lender Provident Financial shares slump 60% on profit alert Doorstep lender Provident Financial shares slump 60% on profit alert
- August 22, 2017

The company is replacing its 4,500 self-employed and mostly commissioned-remunerated agents with 2,500 "customer experience managers" on the payroll, says the Financial Times . Provident's Vanquis Bank is being investigated by the Financial Conduct Authority over its repayment option plan. "Protecting the highly valuable franchises of Vanquis Bank, Moneybarn and Satsuma is the board's first priority whilst the turnaround of the home credit business is secured and the FCA's investigation ... (more...)