Money
GoPro Cuts Hundreds of Jobs, Stock Falls 25 Percent
- January 09, 2018
For the forth quarter of 2017, the company expects revenues of about Dollars 340 million. The company expects GAAP gross margin for the fourth quarter of 2017 to be between 24% and 26%. "We expect that going forward, our roadmap coupled with a lower operating expense model will enable GoPro to return to profitability and growth in the second half of 2018". (more...)
- January 09, 2018
For the forth quarter of 2017, the company expects revenues of about Dollars 340 million. The company expects GAAP gross margin for the fourth quarter of 2017 to be between 24% and 26%. "We expect that going forward, our roadmap coupled with a lower operating expense model will enable GoPro to return to profitability and growth in the second half of 2018". (more...)
Sugarland announces tour stop in Toledo
- January 09, 2018
Special guests include Frankie Ballard and Lindsay Ell . Jennifer Nettles and Kristian Bush will bring their Still The Same Tour to 48 cities, including Moline on June 29. The duo, known for hits including "Stay" and "All I Want to Do", will perform on August 31. To date, the duo has sold almost 10 million albums domestically and is responsible for more than 260 million on-demand streams. (more...)
- January 09, 2018
Special guests include Frankie Ballard and Lindsay Ell . Jennifer Nettles and Kristian Bush will bring their Still The Same Tour to 48 cities, including Moline on June 29. The duo, known for hits including "Stay" and "All I Want to Do", will perform on August 31. To date, the duo has sold almost 10 million albums domestically and is responsible for more than 260 million on-demand streams. (more...)
Unemployment in eurozone falls to near 9-year low - Eurostat
- January 09, 2018
The eurozone unemployment rate has fallen to a new eight-year low, confirming the single currency area's cyclical recovery after years of stagnation and rolling financial and political crises. The Greek unemployment rate, according to the most recent figures from that country, was still 20.5 per cent in September 2017. At the worst of the debt crisis in 2013, unemployment had reached a record level of 12.1%. (more...)
- January 09, 2018
The eurozone unemployment rate has fallen to a new eight-year low, confirming the single currency area's cyclical recovery after years of stagnation and rolling financial and political crises. The Greek unemployment rate, according to the most recent figures from that country, was still 20.5 per cent in September 2017. At the worst of the debt crisis in 2013, unemployment had reached a record level of 12.1%. (more...)
Infineon To Join Baidu's Autonomous Car Program
- January 09, 2018
Infineon Technologies AG (IFX.XE) has joined Baidu Inc.'s (K3SD.SG) Apollo program to promote the rapid development of autonomous driving technology, the company said on Tuesday. The program provides its partners with a software platform to develop their own driverless systems. "It is in this regard that we look forward to supporting Baidu in taking the Apollo initiative to the next level". (more...)
- January 09, 2018
Infineon Technologies AG (IFX.XE) has joined Baidu Inc.'s (K3SD.SG) Apollo program to promote the rapid development of autonomous driving technology, the company said on Tuesday. The program provides its partners with a software platform to develop their own driverless systems. "It is in this regard that we look forward to supporting Baidu in taking the Apollo initiative to the next level". (more...)
Parnassus Investments CA Raises Stake in Walt Disney Co (DIS)
- January 09, 2018
Brandywine Global Investment Management Llc who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $166.04 billion market cap company. Mitsubishi Ufj And Corporation owns 146,143 shares. Sg Americas Securities Lc stated it has 0.69% of its portfolio in General Electric Company (NYSE:GE). (more...)
- January 09, 2018
Brandywine Global Investment Management Llc who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $166.04 billion market cap company. Mitsubishi Ufj And Corporation owns 146,143 shares. Sg Americas Securities Lc stated it has 0.69% of its portfolio in General Electric Company (NYSE:GE). (more...)
11 charged in alleged Shell oil theft
- January 09, 2018
Meanwhile, police say the other six men arrested remain under investigation. Of those charged on Tuesday, nine were charged for criminal breach of trust , The Straits Times (ST) reported. A Shell spokesperson said: "Shell Singapore (Shell) is fully cooperating with the Singapore Police Force as it investigates suspected product theft from the Pulau Bukom Manufacturing site". (more...)
- January 09, 2018
Meanwhile, police say the other six men arrested remain under investigation. Of those charged on Tuesday, nine were charged for criminal breach of trust , The Straits Times (ST) reported. A Shell spokesperson said: "Shell Singapore (Shell) is fully cooperating with the Singapore Police Force as it investigates suspected product theft from the Pulau Bukom Manufacturing site". (more...)
Fidelity National Information Services (FIS) RCI Trending Towards a Reversal
- January 09, 2018
It has underperformed by 4.78% the S&P500. (NYSE: FIS ). California-based California Employees Retirement has invested 0.11% in Fidelity National Information Services, Inc. Investors sentiment increased to 1.07 in Q3 2017. Its down 0.02, from 0.91 in 2017Q2. Bahl Gaynor Incorporated invested in 4,523 shares. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.04. (more...)
- January 09, 2018
It has underperformed by 4.78% the S&P500. (NYSE: FIS ). California-based California Employees Retirement has invested 0.11% in Fidelity National Information Services, Inc. Investors sentiment increased to 1.07 in Q3 2017. Its down 0.02, from 0.91 in 2017Q2. Bahl Gaynor Incorporated invested in 4,523 shares. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.04. (more...)
Sprouts Farmers Market (SFM) Downgraded by BidaskClub to "Buy"
- January 09, 2018
The institutional investor held 236,012 shares of the prepackaged software company at the end of 2017Q3, valued at $11.41 million, up from 215,599 at the end of the previous reported quarter. Therefore 50% are positive. TD Bank had 22 analyst reports since August 12, 2015 according to SRatingsIntel. Also, the Hold rating count is 5 as of 01/08/18. (more...)
- January 09, 2018
The institutional investor held 236,012 shares of the prepackaged software company at the end of 2017Q3, valued at $11.41 million, up from 215,599 at the end of the previous reported quarter. Therefore 50% are positive. TD Bank had 22 analyst reports since August 12, 2015 according to SRatingsIntel. Also, the Hold rating count is 5 as of 01/08/18. (more...)
Mn Services Vermogensbeheer BV Boosts Stake in Wells Fargo & Co
- January 09, 2018
About 619,415 shares traded. Eaton Vance Corp. (EV) has risen 29.11% since January 9, 2017 and is uptrending. It has outperformed by 47.53% the S&P500. The fund owned 794,908 shares of the financial services provider's stock after buying an additional 107,729 shares during the quarter. Bellecapital International invested in 1.82% or 28,047 shares. (more...)
- January 09, 2018
About 619,415 shares traded. Eaton Vance Corp. (EV) has risen 29.11% since January 9, 2017 and is uptrending. It has outperformed by 47.53% the S&P500. The fund owned 794,908 shares of the financial services provider's stock after buying an additional 107,729 shares during the quarter. Bellecapital International invested in 1.82% or 28,047 shares. (more...)
Cleveland Browns release statement on 'Perfect Season Parade'
- January 09, 2018
It's not just the 0-16 record this season, but the 1-31 record since 2016, the 4-44 record since 2015, the 11 years since a winning season, and the 15 years since a playoff appearance. "We have 193 people strong in Browns Backers Club 43 in the Twin Cities in Minneapolis, and we're up there every Sunday rooting them on". McNeil knows of fans flying from California. (more...)
- January 09, 2018
It's not just the 0-16 record this season, but the 1-31 record since 2016, the 4-44 record since 2015, the 11 years since a winning season, and the 15 years since a playoff appearance. "We have 193 people strong in Browns Backers Club 43 in the Twin Cities in Minneapolis, and we're up there every Sunday rooting them on". McNeil knows of fans flying from California. (more...)
State Street Corp Maintains Stake in Exxon Mobil Corp (XOM)
- January 09, 2018
The stock increased 0.01% or $0.02 during the last trading session, reaching $144.95. About 11.05M shares traded or 14.26% up from the average. It has outperformed by 29.75% the S&P500. (NASDAQ:EA) or 9,000 shares. About 285,267 shares traded. $326,279 worth of Illumina, Inc. (NASDAQ:EA) was sold by Soderlund Patrick. Shares for $2.18 million were sold by JOHNSON GREGORY E . (more...)
- January 09, 2018
The stock increased 0.01% or $0.02 during the last trading session, reaching $144.95. About 11.05M shares traded or 14.26% up from the average. It has outperformed by 29.75% the S&P500. (NASDAQ:EA) or 9,000 shares. About 285,267 shares traded. $326,279 worth of Illumina, Inc. (NASDAQ:EA) was sold by Soderlund Patrick. Shares for $2.18 million were sold by JOHNSON GREGORY E . (more...)
Target's holiday sales rise 3.4 percent, boosts profit forecast
- January 09, 2018
Target said that its comparable sales in the combined November/December period grew 3.4 percent, compared with the expected range of 0 percent to 2 percent. Before Tuesday's announcement , the stock had been down 6% over the past 12 months. Target Corp . emerged as a victor this holiday season, boosting its turnaround plan and pressuring rival Wal-Mart Stores Inc. (more...)
- January 09, 2018
Target said that its comparable sales in the combined November/December period grew 3.4 percent, compared with the expected range of 0 percent to 2 percent. Before Tuesday's announcement , the stock had been down 6% over the past 12 months. Target Corp . emerged as a victor this holiday season, boosting its turnaround plan and pressuring rival Wal-Mart Stores Inc. (more...)
Seagate Technology (STX) Lifted to "Buy" at Zacks Investment Research
- January 09, 2018
About 10.07 million shares traded or 119.79% up from the average. Seagate Technology plc (NASDAQ: STX ) has risen 107.16% since January 9, 2017 and is uptrending. It dropped, as 73 investors sold STX shares while 163 reduced holdings. 259.60 million shares or 1.44% more from 255.91 million shares in 2017Q2 were reported. (more...)
- January 09, 2018
About 10.07 million shares traded or 119.79% up from the average. Seagate Technology plc (NASDAQ: STX ) has risen 107.16% since January 9, 2017 and is uptrending. It dropped, as 73 investors sold STX shares while 163 reduced holdings. 259.60 million shares or 1.44% more from 255.91 million shares in 2017Q2 were reported. (more...)
Tesco Posts Fastest Sales Growth Since June: Kantar Worldpanel
- January 09, 2018
Britain's biggest supermarket group Tesco was the best performer over Christmas , Kantar Worldpanel said on Tuesday, with a 3.1 percent rise in sales in the past 12 weeks beating its "big four" rivals Sainsbury's , Asda and Morrisons . (more...)
- January 09, 2018
Britain's biggest supermarket group Tesco was the best performer over Christmas , Kantar Worldpanel said on Tuesday, with a 3.1 percent rise in sales in the past 12 weeks beating its "big four" rivals Sainsbury's , Asda and Morrisons . (more...)
United Kingdom retail sales show marginal growth over Christmas
- January 09, 2018
The British Retail Consortium, which produces the data with consultancy KPMG, said shoppers' spending power "had been absorbed by essential items". British inflation rose to its highest in almost six years in November at 3.1 percent, largely as a result of the pound's fall after June 2016's Brexit vote. (more...)
- January 09, 2018
The British Retail Consortium, which produces the data with consultancy KPMG, said shoppers' spending power "had been absorbed by essential items". British inflation rose to its highest in almost six years in November at 3.1 percent, largely as a result of the pound's fall after June 2016's Brexit vote. (more...)
Dynamics Unveils the Wallet Card, First 'Connected Card' at CES
- January 09, 2018
EXCLUSIVE-Card company Dynamics Inc. revealed its Wallet Card , described by the company as the "world's first" connected payment card, at the CES conference now taking place in Las Vegas, the company announced today. Wallet Card can last indefinitely without the need for the consumer to perform any physical action. A battery and organic recharging chip so that the card charges itself through normal operation. (more...)
- January 09, 2018
EXCLUSIVE-Card company Dynamics Inc. revealed its Wallet Card , described by the company as the "world's first" connected payment card, at the CES conference now taking place in Las Vegas, the company announced today. Wallet Card can last indefinitely without the need for the consumer to perform any physical action. A battery and organic recharging chip so that the card charges itself through normal operation. (more...)
New York Stock Exchange Joins CME And CBOE To Launch Bitcoin ETFs
- January 09, 2018
But the chances of that occurrence in bitcoin futures are few. "Since the launch of the bitcoin futures on the CBOE and the CME exchanges, one thing which we have not witnessed is the string of record highs for bitcoin". Investors may lose in the same multipliers mentioned above, should the price move against the contracts. It all began more than three years ago, when the Winklevoss brothers first put into registration a physical bitcoin ETF in a proposal that has since been turned ... (more...)
- January 09, 2018
But the chances of that occurrence in bitcoin futures are few. "Since the launch of the bitcoin futures on the CBOE and the CME exchanges, one thing which we have not witnessed is the string of record highs for bitcoin". Investors may lose in the same multipliers mentioned above, should the price move against the contracts. It all began more than three years ago, when the Winklevoss brothers first put into registration a physical bitcoin ETF in a proposal that has since been turned ... (more...)
At WTO, India rejects USA solar claim, explores new defence
- January 09, 2018
The five domestic manufacturers who had sought imposition of safeguard duty included Adani-backed Mundra Solar PV Ltd, Indosolar Ltd , Jupiter Solar Power Ltd, Websol Energy Systems Ltd and Helios Photo Voltaic Ltd. In 2016-17, the estimated demand of solar modules was around 6 GW whereas the demand is expected to go up to 10 GW in 2017-18. "Levying duty on domestic manufacturers can also lead to an increase in the cost of power that will discourage the domestic industry", he added. (more...)
- January 09, 2018
The five domestic manufacturers who had sought imposition of safeguard duty included Adani-backed Mundra Solar PV Ltd, Indosolar Ltd , Jupiter Solar Power Ltd, Websol Energy Systems Ltd and Helios Photo Voltaic Ltd. In 2016-17, the estimated demand of solar modules was around 6 GW whereas the demand is expected to go up to 10 GW in 2017-18. "Levying duty on domestic manufacturers can also lead to an increase in the cost of power that will discourage the domestic industry", he added. (more...)
Amazon.com, Inc. (AMZN) EPS Estimated At $1.94
- January 09, 2018
Everett Harris & Company increased Amazon.Com ( AMZN ) stake by 5.55% reported in 2017Q3 SEC filing. Peak6 Investments Lp bought 274,600 shares as the company's stock rose 13.58% with the market. Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It dived, as 73 investors sold AMZN shares while 549 reduced holdings. (more...)
- January 09, 2018
Everett Harris & Company increased Amazon.Com ( AMZN ) stake by 5.55% reported in 2017Q3 SEC filing. Peak6 Investments Lp bought 274,600 shares as the company's stock rose 13.58% with the market. Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It dived, as 73 investors sold AMZN shares while 549 reduced holdings. (more...)
Traders Buy Honeywell International (HON) on Weakness
- January 09, 2018
About 79.88M shares traded. It has underperformed by 16.64% the S&P500. (NYSE: HON ) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Webster Bank & Trust N A has invested 0.18% of its portfolio in Honeywell International Inc. DekaBank Deutsche Girozentrale boosted its holdings in shares of Honeywell International by 5.4% in the second quarter. (more...)
- January 09, 2018
About 79.88M shares traded. It has underperformed by 16.64% the S&P500. (NYSE: HON ) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Webster Bank & Trust N A has invested 0.18% of its portfolio in Honeywell International Inc. DekaBank Deutsche Girozentrale boosted its holdings in shares of Honeywell International by 5.4% in the second quarter. (more...)
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