Money


On the Beach Group (OTB) Earns On the Beach Group (OTB) Earns "Buy" Rating from Peel Hunt
- December 04, 2017

The brokerage now has GBX 265 ($3.55) price target on the stock. Ratings analysis reveals 0 of Potlatch's analysts are positive. Therefore 93% are positive. Aon Corporation has $170.0 highest and $13 lowest target. The stock's average target of $55.33 is -7.91% below today's ($60.08) share price. PCH was included in 2 notes of analysts from October 3, 2016. (more...)
Market close: Sensex, Nifty close flat as investors tread cautious Market close: Sensex, Nifty close flat as investors tread cautious
- December 04, 2017

Mumbai: The benchmark BSE Sensex regained the 33,000-mark by recovering nearly 176 points in opening trade today on value-buying by domestic investors in recently battered stocks. Biotechnology firm Biocon soared 15.6 percent after it received FDA approval for Trastuzumab, a biosimilar to Herceptin jointly developed with Mylan. (more...)
Broadcom plans to nominate 11 members to Qualcomm's board Broadcom plans to nominate 11 members to Qualcomm's board
- December 04, 2017

Qualcomm moved to sharply expand its business past year with a $38.5 billion deal to acquire NXP Semiconductors, a transaction that is still awaiting regulatory approval. The sources asked not to be identified because the deliberations are confidential. Broadcom and Qualcomm declined to comment. With the latter turning down what would be the largest acquisition in the history of the tech sector , Broadcom plans on trying an end around to get the deal done. (more...)
Driving examiners start 48-hour strike on new test day Driving examiners start 48-hour strike on new test day
- December 04, 2017

Neil Greig, IAM RoadSmart's director of policy and research, said: "Experts from IAM RoadSmart have helped to design and evaluate the new elements of the test and we are very excited about the road safety benefits it could deliver". Edmund King, president of the AA, welcomed the changes, telling Autocar: "We know that new drivers are a higher risk on the roads, therefore we need to better prepare them for real-world driving". (more...)
Infosys Shares Surge on Appointment of New CEO & MD Salil Parekh Infosys Shares Surge on Appointment of New CEO & MD Salil Parekh
- December 04, 2017

India's second biggest outsourcer Infosys has appointed a new top executive, almost four months after Vishal Sikka's abrupt resignation as CEO. Infosys in a statement said that UB Pravin Rao, who was filling in the CEO role on an interim basis, will now continue as Chief Operating Officer and a whole-time Director of the company. (more...)
Dozens of bank branches to close across the Anglia region Dozens of bank branches to close across the Anglia region
- December 04, 2017

According to an RBS spokesperson, the number of customers using the bank's branches across the United Kingdom has decreased by 40% and mobile transactions have increased by 73% over the same period. The bank said in a statement that branch customer totals had fallen since 2014 by 40 percent, while digital mobile transactions have boomed, up by 73 percent. (more...)
Bank for International Settlements warns of "frothy" markets and high debt levels
- December 04, 2017

Britain's household debt as a share of gross domestic product stands at 78 per cent, the BIS noted, against 72 per cent in the United States and 92 per cent in Australia. The global banking umbrella body pointed to the fact that, while the US Federal Reserve has made moves to remove monetary accommodation, yields of certain US Treasury notes have refused to rise and asset prices have remained high. (more...)
NCSC warns govt departments about using Kaspersky software NCSC warns govt departments about using Kaspersky software
- December 04, 2017

United Kingdom cyber-security chiefs are warning government departments not to use software from Russian companies for systems relating to national security. But CEO Eugene Kaspersky was quick to highlight that Kaspersky Labs products haven't been banned in the United Kingdom and said the cybersecurity firm is willing to be transparent with United Kingdom spooks and cyber boffins, which he declared via the holy social media medium of Twitter. (more...)
UK's Pendragon to sell US Motor Group business (PDG) UK's Pendragon to sell US Motor Group business (PDG)
- December 04, 2017

The sale of the United States arm of Pendragon, branded Hornburg, is expected to generate proceeds of £100m before tax. The company said that following a strategic review of the business, it will "reduce" the number of its premium brand franchises over the next three years, PA reports. (more...)
Are Quant Signals Bullish on NetScout Systems, Inc. (NasdaqGS:NTCT)?
- December 04, 2017

NetScout Systems, Inc. (NasdaqGS:NTCT) has an M-Score of -2.962869. Washington Trust Company acquired 5,416 shares as Eog Res Inc (EOG)'s stock declined 5.27%. If the ratio is greater than 1, then that means there has been an increase in price over the month. Its up 0.03, from 1.14 in 2017Q1. It improved, as 23 investors sold NTCT shares while 62 reduced holdings. (more...)
Car Accident In Jubilee Hills; One Gitam Student Dies, Three Injured
- December 04, 2017

The auto clashed another vehicle that is parked opposite side caused the accident. Sai Jatin Varma succumbed to injuries at a hospital, while Nikhil sustained minor injuries and two others escaped with bruises. "The impact was on the left side of the vehicle". Nikhil, who was sitting in rear sustained severe head injuries was his condition was stated to be critical, the SI added. (more...)
Virtual currency Bitcoin to face tighter regulation under Government crackdown Virtual currency Bitcoin to face tighter regulation under Government crackdown
- December 04, 2017

The Treasury has disclosed plans to regulate the Bitcoin that will force traders in so-called crypto-currencies to disclose their identities and report suspicious activity. Now the Treasury Select Committee has suggested MPs will open an inquiry into the virtual currency next year. Mann was quoted: "These new forms of exchange are expanding rapidly and we have got to make sure we do not get left behind - that is particularly important in terms of money-laundering, terrorism or pure theft. (more...)
Co-op to sell food past 'best before' date to reduce waste Co-op to sell food past 'best before' date to reduce waste
- December 04, 2017

Roger Grosvenor, joint chief executive of East of England Co-op, said customers appreciated the opportunity to save money. The Food Standards Agency says the United Kingdom manufacturing and retail sectors wastes 1.9 million tonnes of food and waste every year, 1.1 million tonnes of which is avoidable. (more...)
Salesforce.Com INC (CRM) Holder Fort Washington Investment Advisors INC Upped Position
- December 04, 2017

Northland Securities restated a "buy" rating and issued a $105.00 price objective on shares of Salesforce.com in a research note on Wednesday, August 23rd. RBC Capital Markets maintained National Oilwell Varco, Inc. Since May 31, 2017, it had 0 insider purchases, and 13 selling transactions for $10.47 million activity. (more...)
ConnectOne Bancorp (CNOB) Earns Media Impact Rating of 0.20
- December 04, 2017

About 122,905 shares traded. (NASDAQ:RVSB). 22,700 are held by Product Prtnrs Ltd. Commonwealth Equity Inc reported 41,110 shares stake. It has outperformed by 24.54% the S&P500. Moreover, Ameritas Inv Prtn Inc has 0% invested in Riverview Bancorp , Inc. Finally, Zacks Investment Research raised shares of ConnectOne Bancorp from a "sell" rating to a "hold" rating and set a $30.00 price target on the stock in a research report on Monday, October 30th. (more...)
Senior Housing Properties Trust (SNH) Upgraded to Buy at ValuEngine
- December 04, 2017

About 5.99 million shares traded or 32.64% up from the average. Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. Hamel Associate stated it has 0.14% in Facebook, Inc. Investors sentiment increased to 1.26 in Q2 2017. Its up 0.32, from 0.94 in 2017Q1. Stock analysts at Cantor Fitzgerald reduced their FY2017 EPS estimates for shares of Senior Housing Properties Trust in a research report issued on Sunday, Zacks Investment Research reports. (more...)
Murdoch restarts talks with Walt Disney on sale of assets
- December 04, 2017

Senior executives from Fox and Disney were both in NY last week although it is unclear if they met to discuss a deal. The Murdochs, under whom Fox is in control, is expected in making a decision on whether to continue a sale by the year ending, as added by one person. (more...)
Kratos Defense & Security Solutions (KTOS) Receiving Somewhat Favorable Press Coverage, Study Finds
- December 04, 2017

Noble Financial maintained the shares of KTOS in report on Friday, November 3 with "Buy" rating. It has underperformed by 15.42% the S&P500. (NASDAQ:KTOS) have received a consensus recommendation of "Buy" from the eleven research firms that are now covering the firm, Marketbeat.com reports. (more...)
The Smith & Nephew plc (SNN) Receives Average Recommendation of "Hold" from Analysts
- December 04, 2017

SNN has been the subject of several recent analyst reports. Smith & Nephew PLC (ADR) had 12 analyst reports since October 29, 2015 according to SRatingsIntel. The company's stock had a trading volume of 514,359 shares, compared to its average volume of 464,521. The company has a quick ratio of 1.08, a current ratio of 2.18 and a debt-to-equity ratio of 0.38. (more...)
Sensata Technologies Holding NV (NYSE:ST) Director Acquires 200000 Shares of Stock
- December 04, 2017

It has outperformed by 77.74% the S&P500. Fdx Advsr has 0.05% invested in Sensata Technologies Holding N.V. (NYSE:ST). Therefore 46% are positive. The short interest to Sensata Tech Holding NV's float is 7.41%. (NYSE:ST). On Monday, October 16 the stock rating was maintained by SunTrust with "Buy". Eqis Capital Inc reported 11,320 shares stake. RBC Capital Markets maintained Sensata Technologies Holding N.V. (more...)

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