Money


Audi drops engine size in new model names Audi drops engine size in new model names
- August 24, 2017

Land Rover has made the petrol engine of the new Discovery available in 5 variants - because the company anticipates decent number of buyers to opt for petrol power. In each case, the numerals appear along with the engine technology - TFSI, TDI, g-tron or e-tron. According to the new nomenclature, in the future, the spectrum will range from the Audi Q2 30 TFSI with 85 kW to the Audi Q7 50 TDI with 200 kW. (more...)
PetroChina First Half Net Profit Surges As Sales Volume, Oil Price Recover PetroChina First Half Net Profit Surges As Sales Volume, Oil Price Recover
- August 24, 2017

The Beijing-based company is rewarding shareholders profits of nearly 12.7 billion yuan ($1.9 billion), up from 531 million yuan a year ago, it said in a filing to the Hong Kong stock exchange Thursday. It declared an interim dividend of 0.20 Hong Kong dollars a share. Lifting costs, or the production cost for each boe, fell 4.2% to $11.32. An interim dividend of 20 HK cents was proposed, compared to 12 cents past year. (more...)
Another 28 Kmart stores will be closed this year Another 28 Kmart stores will be closed this year
- August 24, 2017

Total revenue fell 22 percent to $4.37 billion, mainly due to store closures, which shaved off $770 million of revenue, the company said. Same-store sales fell 11.5 percent, worse than the expected 7.1 percent decline. Losses, adjusted for one-time gains and costs, came to $1.16 per share. Sears shares have dropped nearly 8 percent since the beginning of the year. (more...)
Restaurant Brands International (NYSE:QSR) Experiences Heavier than Usual Trading Volume
- August 24, 2017

On June 14 the stock rating was upgraded from "Perform" to "Outperform" with a current price target of $70.00 by analysts at Oppenheimer. RBC Capital Markets maintained Restaurant Brands International Inc (NYSE: QSR ) rating on Thursday, June 22. (more...)
Ross Stores, Inc. (ROST) Shares Gap Up Following Analyst Upgrade Ross Stores, Inc. (ROST) Shares Gap Up Following Analyst Upgrade
- August 24, 2017

As of quarter end Toronto Dominion Bank had sold 1,340 shares trimming its stake by 30.9%. The stock increased 3.37% or $0.38 during the last trading session, reaching $11.64. The rating was downgraded by Wolfe Research on Friday, April 29 to "Peer Perform". TD Securities maintained the stock with "Buy" rating in Friday, August 7 report. (more...)
RLJ Lodging Trust (NYSE:RLJ) Quarterly growth Review
- August 24, 2017

FelCor Lodging Trust (NYSE:FCH) last announced its earnings results on Wednesday, August 9th. It has underperformed by 10.55% the S&P500. The Cornerstone Real Estate Advisers Llc holds 65,482 shares with $525,000 value, down from 130,018 last quarter. (more...)
Opko Health, Gets Consensus Rating of "Buy" From Brokerage Firms
- August 24, 2017

If the $5.67 price target is reached, the company will be worth $276.00M less. The CEO & Chairman, 10% Owner added these shares by way of transaction on August 16, 2017. The third largest holder is State Street Corp, which now holds $69.45 million worth of this stock and that ownership represents almost 2.11% of its market capitalization. (more...)
Mckesson Corp (NYSE:MCK) Sentiment Drops in 2016 Q4
- August 24, 2017

About 702 shares traded. It is down 1.61% since August 23, 2016 and is uptrending. It has underperformed by 11.77% the S&P500. Pettyjohn Wood & White Inc decreased Mckesson Corp Com (MCK) stake by 16.24% reported in 2016Q4 SEC filing. Mackenzie Corp holds 667,959 shares or 0.56% of its portfolio. Federated Investors Incorporated Pa reported 49,656 shares or 0.01% of all its holdings. (more...)
Hewlett Packard Enterprise Sees Unusually High Options Volume (HPE) Hewlett Packard Enterprise Sees Unusually High Options Volume (HPE)
- August 24, 2017

Hewlett Packard Enterprise Company has a 12 month low of $15.49 and a 12 month high of $19.16. The firm has "Buy" rating by Jefferies given on Wednesday, June 7. HP Inc.is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including clients in the government, health and education sectors. (more...)
Mamata urges Durga Puja, Muharram organisers to ensure communal amity Mamata urges Durga Puja, Muharram organisers to ensure communal amity
- August 24, 2017

The BJP, meanwhile, has said that it will approach the court against the chief minister's order. "It's our responsibility. I have heard that some people have plans to disturb and drive people in a wrong path", she said stressing that the puja committees should play a "bigger role" in this context. (more...)
BidaskClub Lowers British American Tobacco PLC (BTI) to Strong Sell
- August 24, 2017

Stockholders of record on Friday, August 18th will be given a $0.728 dividend. The counter witnessed a trading volume of 0.37 million shares versus an average volume of 0.41 million shares during last trading session. About 107 shares traded. British American Tobacco plc has a 12 month low of GBX 4,237.00 and a 12 month high of GBX 5,643.60. It has underperformed by 16.70% the S&P500. (more...)
Intense Flooding Kills 800 People in South Asia, Displaces a Million More Intense Flooding Kills 800 People in South Asia, Displaces a Million More
- August 24, 2017

Nearly 1,000 people have been killed over a period of two weeks in some of the worst flooding to hit South Aisa in decades, with residents running out of food and clean water, officials said. In Bangladesh , more than five million people have been stranded by the flooding, which has submerged more than one-third of the country, officials said late last week. (more...)
Lowe's Companies, Inc. (NYSE:LOW) Dips Under Moving Averages Lowe's Companies, Inc. (NYSE:LOW) Dips Under Moving Averages
- August 24, 2017

DnB Asset Management AS now owns 94,990 shares of the home improvement retailer's stock worth $7,809,000 after buying an additional 7,800 shares during the last quarter. Finally, DnB Asset Management AS raised its position in shares of Lowe's Companies by 8.9% in the first quarter. Morgan Stanley maintained the shares of BABA in report on Tuesday, June 28 with "Overweight" rating. (more...)
Weak UK postpay market sees Dixons Carphone lower profit forecast Weak UK postpay market sees Dixons Carphone lower profit forecast
- August 24, 2017

The group, which also owns the Currys and PC World electrical brands, said it had seen "challenging conditions in the United Kingdom mobile phone market", partly blamed on sterling's weakness making handsets more expensive. "Historically these items have mostly been net positive to the business, but, largely caused by changes in European Union roaming legislation, we now believe that the outcome is likely to be net negative this year", the retailer said. (more...)
Reduces Stake in Johnson Controls International PLC (JCI) Reduces Stake in Johnson Controls International PLC (JCI)
- August 24, 2017

The firm owned 3,007 shares of the auto parts company's stock after selling 573 shares during the period. The current assessment for Johnson Controls International plc NYSE:JCI Auto Parts on its PE ratio displays a value of *tba with a Forward PE of 12.91. (more...)
Which Insiders Are Selling Western Digital Corporation (WDC)?
- August 24, 2017

About 1.56 million shares traded. Western Digital Corp (NASDAQ:WDC) has risen 125.85% since August 21, 2016 and is uptrending. It has outperformed by 109.15% the S&P500.The move comes after 9 months positive chart setup for the $24.84B company. (more...)
Solar powered cars get off the starting line Solar powered cars get off the starting line
- August 24, 2017

The company has plans to bring three battery-powered EV models to market by 2020. "By combining Alta's continuing breakthroughs in solar technology and Audi's drive toward a sustainable mobility of the future, we will shape the solar vehicle of the future". (more...)
Asian markets soar higher after Wall Street rally Asian markets soar higher after Wall Street rally
- August 24, 2017

Focus was also still on the Korean Peninsula, as the United States and South Korea continued to conduct their annual joint military exercises amid some of the tightest tension between Washington and Pyongyang in many years. "That being said, any pressure within US bourses could still trickle to regional markets and would be one to track in the near term", she said. -South Korea military drills continue. (more...)
Trump Says He's Willing to Shut the Government to Get His Wall Trump Says He's Willing to Shut the Government to Get His Wall
- August 24, 2017

Trump warned late on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. Sim Moh Siong, FX strategist for Bank of Singapore, said it's unclear whether Trump's comments are a negotiation tactic or constitute a real threat that could lead to a government shutdown. (more...)
Paul Ryan to Trump: Don't shutdown government over border wall Paul Ryan to Trump: Don't shutdown government over border wall
- August 24, 2017

Trump led chants of "build the wall" at a rally in Phoenix on Tuesday night. His remarks, made ahead of a debate in Congress over a spending package and raising the debt ceiling, knocked the dollar lower on Wednesday. Trump had said "both sides" were to blame for the violence. The dollar index.DXY, which tracks the greenback against a basket of six currencies, edged up 0.1 percent to 93.259. (more...)