Money


Bread price-fixing just the start Bread price-fixing just the start
- December 21, 2017

However, the statements under oath made by an investigator of the Bureau of competition have been freed from restrictions this week. Loblaws is offering the gift cards to customers who were overcharged for the cost of some packaged bread products. (more...)
Aldi stores recall apples for possible Listeria contamination Aldi stores recall apples for possible Listeria contamination
- December 21, 2017

To figure out if the apples you bought have been recalled, look for the following lot numbers printed on the bag label and/or bag-closure clip: Fuji: NOI 163, 165, 167, 169, 174; Honeycrisp: NOI 159, 160, 173; Golden Delicious: NOI 168; Gala: NOI 164, 166 on either the product labels and/or bag-closure clip. (more...)
Asahi To Sell Stake In China's Tsingtao For $941 Million
- December 21, 2017

Tsingtao shares gained 3.9% in Hong Kong Wednesday before the announcement, while Asahi dropped 0.9% in Tokyo. The acquisition, although it marks a homeward shift from Fosun's previous overseas shopping spree, is consistent with the group's major business areas and its push to focus on China's expanding middle class and their consumption of financial services, leisure and travel and as well as what Fosun calls the "pursuit of happiness". (more...)
Rolling Stone Magazine Has a New Owner Rolling Stone Magazine Has a New Owner
- December 21, 2017

As previously reported , Wenner Media, facing the same challenges as most traditional magazine owners in the digital age, past year sold a 49% stake in the title to Singapore-based company BandLab Technologies. No financial details were disclosed, but under the deal, Mr Wenner will be appointed editorial director. Many outsiders wonder what the magazine will do to help attract more of an audience with the under 30 group or today's digital groupies. (more...)
(NASDAQ:GILD) Holdings Lifted by Cubist Systematic Strategies LLC
- December 21, 2017

Moreover, Orbimed Advisors Llc has 0.05% invested in the company for 3.25 million shares. World Asset Management Inc who had been investing in Constellation Brands Inc Cl A for a number of months, seems to be less bullish one the $43.61 billion market cap company. (more...)
Buckeye mom arrested in fatal shooting of 2-year-old son Buckeye mom arrested in fatal shooting of 2-year-old son
- December 21, 2017

Pettibone has been charged with second degree murder and her bond is set at $750,000. Police say 26-year-old Alyssa Pettibone was found with stab wounds, and a 2-year-old boy was found with a gunshot wound. "There was somebody injured, but no suspects, so I was thinking accident or accidental shooting", neighbor Jeff Morris told Fox 10 Phoenix . "You hear a lot about this". (more...)
The FCC has Voted to Repeal Net Neutrality, So Now What? The FCC has Voted to Repeal Net Neutrality, So Now What?
- December 21, 2017

Firms that decline to pay up could wind up in bumper-to-bumper slow lanes. Many civil rights groups also rely on social media to share information and plan meet-ups, protests and so forth; with the safeguards of previous net neutrality laws now gone, ISPs that disagree with social groups, such as Black Lives Matter, could effectively block such content and close communication between members. (more...)
Commerce sets final duties on Bombardier totaling nearly 300 percent Commerce sets final duties on Bombardier totaling nearly 300 percent
- December 21, 2017

Commerce Department finalizes duties of almost 300% on passenger jets made by Bombardier (OTCQX:BDRAF, OTCQX:BDRBF). "Boeing is using its meritless complaint as cover to close the U.S. "We are steadfast in our determination to defend Canadian companies and workers against protectionism", Freeland said in a statement. "It is beyond all reason that Boeing could be threatened with injury in a market segment it exited over a decade ago". (more...)
FY2019 EPS Estimates for Aetna Inc (AET) Lowered by Leerink Swann
- December 21, 2017

RBC Capital Markets upgraded Aetna Inc. Stifel Nicolaus maintained the stock with " Buy " rating in Tuesday, May 16 report. The hedge fund run by Ian Cumming held 462,191 shares of the consumer services company at the end of 2017Q2, valued at $3.99 million, down from 550,000 at the end of the previous reported quarter. (more...)
GlaxoSmithKline (GSK) Price Target Lowered to $40.00 at Argus
- December 20, 2017

The firm earned "Reduce" rating on Thursday, July 27 by Kepler Cheuvreux. The rating was maintained by Beaufort Securities on Wednesday, February 15 with "Buy". GlaxoSmithKline plc (LON: GSK ) has 0.00% since December 19, 2016 and is. Helvea has "Hold" rating and GBX 1530 target. Therefore 82% are positive. (more...)
AT&T Announces Big Bonuses for Employees After GOP Tax Bill Passage AT&T Announces Big Bonuses for Employees After GOP Tax Bill Passage
- December 21, 2017

AT&T Inc., the phone carrier locked in a battle with the USA government over its Time Warner Inc. acquisition, lauded President Donald Trump and Congress for their tax-cut bill and said 200,000 US workers will get a special $1,000 bonus to celebrate. (more...)
Envestnet Asset Management Inc. Raises Position in Chipotle Mexican Grill, Inc. (CMG) Envestnet Asset Management Inc. Raises Position in Chipotle Mexican Grill, Inc. (CMG)
- December 21, 2017

The stock decreased 3.07% or $9.62 during the last trading session, reaching $303.55. About 793,844 shares traded. Chipotle Mexican Grill ( CMG ) now has a 14-day Commodity Channel Index (CCI) of -148.34. (NYSE: CMG ). Morgan Dempsey Capital Mgmt Lc reported 55 shares. DunkinÂ' Brands Group, Inc., together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the DunkinÂ' Donuts and Baskin-Robbins brands worldwide. (more...)
Litecoin Creator Sells Off Cryptocurrency, Donates Holdings Litecoin Creator Sells Off Cryptocurrency, Donates Holdings
- December 21, 2017

Charlee Lee, creator of Litecoin, says he's cashed out , having sold practically all of his Litecoin holdings. "For the first time in 6+ years, I no longer own a single LTC" other than a few collector's coins. "That hasn't changed. If anything, I will be more focused and less distracted by price". Litecoin was trading at almost $339 per token at 13:43 GMT on Wednesday with the market value of the virtual currency reaching over $18 billion, according to CoinMarketCap data. (more...)
Hard Brexit will push up taxes, destroy jobs, says International Monetary Fund Hard Brexit will push up taxes, destroy jobs, says International Monetary Fund
- December 21, 2017

In its report on Britain's economy, the International Monetary Fund said Britain may need to raise more money from taxes to bring down its budget deficit after relying heavily on squeezing public spending. It warned that the financial services and manufacturing sectors faced significant challenges in particular - with the Treasury at risk of losing tax revenue fast if a "meaningful share" of financial business was moved from United Kingdom shores to within the EU. (more...)
Understanding the Latest Financial Performance of The Coca-Cola Company (NYSE:KO) Understanding the Latest Financial Performance of The Coca-Cola Company (NYSE:KO)
- December 21, 2017

Swiss National Bank now owns 16,389,490 shares of the company's stock valued at $735,069,000 after buying an additional 470,700 shares during the period. The New York-based Cramer Rosenthal Mcglynn Limited Liability Corp has invested 0.01% in The Coca-Cola Company (NYSE:KO). Gilman Hill Asset Mngmt Ltd Liability has invested 0.16% in The Coca-Cola Company (NYSE:KO). (more...)
Stock In Spotlight: Akers Biosciences Inc. (NASDAQ:AKER) Stock In Spotlight: Akers Biosciences Inc. (NASDAQ:AKER)
- December 20, 2017

Most of traders have the same opinion that volatility shows clear cycles and relying on this belief, ATR can be used to set up entry signals. Is The Stock Safe to Invest? The companys marketed products include BreathScan, a disposable breath alcohol detector; BreathScan PRO, a quantitative breath alcohol detection system; METRON, a disposable breath ketone device to monitor ketosis; and BreathScan Lync, a non-invasive, quantitative measurement of biological markers for health and wellness. (more...)
Applied Materials (NASDAQ:AMAT) Lowered to Hold at BidaskClub
- December 20, 2017

The shares were sold at an average price of $58.00, for a total value of $290,000.00. It has outperformed by 104.70% the S&P500. Greystone Mgmt Limited Liability Company invested 0.13% of its portfolio in Amgen Inc. The institutional investor held 618,501 shares of the technology company at the end of 2017Q2, valued at $75.67M, up from 459,649 at the end of the previous reported quarter. (more...)
Stitch Fix Shares Plummet More Than 11% Following Earnings Report Stitch Fix Shares Plummet More Than 11% Following Earnings Report
- December 20, 2017

The company reported net income was $13.5 million, or 4 cents a share, compared with earnings of $13.2 million, or 14 cents a share, a year ago. Barclays began coverage on Stitch Fix in a report on Tuesday, December 12th. They issued an "overweight" rating and a $29.00 target price for the company. They issued a "neutral" rating and a $23.00 target price for the company. (more...)
Lemonade Raises $120M in Series C Funding Lemonade Raises $120M in Series C Funding
- December 20, 2017

Lemonade, an artificial intelligence-focused insurtech company first launched in September 2016 as a licensed insurance carrier offering homeowners and renters insurance in NY. The company prides itself on ease of use and user experience. "We'll end this year around 90,000 customers, and our target for the year was 13,000", co-founder and CEO Daniel Schreiber reportedly said in an interview. (more...)
Rapid drop in weekly U.S. oil inventories Rapid drop in weekly U.S. oil inventories
- December 20, 2017

Negative momentum is decelerating as the MACD (moving average convergence divergence) histogram is printing in the red with an increasing trajectory which points to higher prices. The dearth in imports allowed USA crude oil inventories to decrease by 6.5 million barrels from the previous week. Distillate fuel imports averaged 380,000 barrels per day last week. (more...)

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