Money


How Insiders and Institutions are Trading SS&C Technologies Holdings, Inc. (SSNC) How Insiders and Institutions are Trading SS&C Technologies Holdings, Inc. (SSNC)
- January 12, 2018

Atlantic Trust Group LLC acquired a new stake in SS&C Technologies during the 3rd quarter worth approximately $55,411,000. It dropped, as 23 investors sold SSNC shares while 71 reduced holdings. SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Wednesday, October 25th. The technology company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.03. (more...)
Niagara Falls frozen and covered in ice as winter weather slams US Niagara Falls frozen and covered in ice as winter weather slams US
- January 12, 2018

The fine rain that falls from the waterfalls froze immediately over everything it touches, tinting trees, pedestrian paths, cliffs and viewpoints of a radiant white. With a deep freeze stretching from south Texas to Canada and from Montana through New England, the surreal scenes have played out across a wide swath of the US. (more...)
Eleanor brings disruption to UK travel Eleanor brings disruption to UK travel
- January 12, 2018

A wind warning remains in force. The Met Office had issued an amber "be prepared" warning of wind for the southern-most fringes of the country overnight, which has expired. Our immediate concern must be with those whose homes and businesses have been damaged by the floods. Torrential rain and strong winds continue to batter the country following Storm Eleanor which was as strong in places as Hurricane Ophelia. (more...)
AAP nominates three for Rajya Sabha seats; Kumar Vishwas slams Arvind Kejriwal AAP nominates three for Rajya Sabha seats; Kumar Vishwas slams Arvind Kejriwal
- January 12, 2018

While AAP is sure of winning the seats in RS, Kumar Vishwas has condemned the nominations as he said, "In the form of punishment, I have been given an award for speaking the truth". The decision comes after the party initially chose to reach out to eminent members from different fields but later settled for a mix from within the party and outside. (more...)
Dominion Energy Pays $7.9B For Utility Co. SCANA
- January 12, 2018

Officials said the $14.6 billion deal involving the parent company of South Carolina Electric & Gas Co. could mean $1.3 billion in refunds to SCE&G customers, including immediate $1,000 cash payments within 90 days of closing its purchase of the company. (more...)
Vipshop Holdings Limited (VIPS)
- January 12, 2018

Vipshop Holdings Limited ( VIPS ) belonging to the Consumer Cyclical sector has surged 3% and closed its last trading session at $12.37. Vipshop Holdings Limited (NYSE:VIPS) now has a " Buy " signals on Composite indicators by TrendSpotter. (more...)
Boston Private Wealth LLC Has $4753000 Stake in Acuity Brands Inc (AYI)
- January 12, 2018

About 1.01M shares traded. It has underperformed by 3.92% the S&P500. In other Acuity Brands news, EVP Mark A. Black sold 7,441 shares of the stock in a transaction dated Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. Therefore 57% are positive. (more...)
IndusInd Bank Q3 net profit rises 25% to Rs936.25 crore IndusInd Bank Q3 net profit rises 25% to Rs936.25 crore
- January 12, 2018

IndusInd bank's provisions and contingencies rose to Rs 236.16 crore in the third quarter compared with Rs 216.85 crore in the same period a year ago. Capital Adequacy Ratio (CRAR) at 15.83 %. Total income of the lender also increased to Rs 5,473.54 crore during the quarter under review, up 16.05 per cent as against Rs 4,716.13 crore over the corresponding period of the previous fiscal, IndusInd Bank said in a BSE filing. (more...)
New Dell XPS 13 Laptop Gets Official New Dell XPS 13 Laptop Gets Official
- January 12, 2018

In an interview, Dell vice president Frank Azor said the designers took inspiration from fashion, where rose gold is a trending color and white accents are popular. The laptop also has a titanium oxide coating to offer a pearlescent sheen while being UV and stain-resistant. The company claims that XPS 13 doesn't stain over time and looks brand new even after 1,000 days of being used. (more...)
Industry responds after United States decision to impose newsprint duties Industry responds after United States decision to impose newsprint duties
- January 12, 2018

Newsprint is the latest Canadian product to be hit with preliminary countervailing duties from the United States. The Canadian government has since filed a complaint to the World Trade Organization (WTO) over USA trade remedy measures, requesting WTO consultations with the United States with respect to anti-dumping and countervailing duty proceedings. (more...)
Rio Tinto Receives $500 Million Offer for Smelter in France
- January 12, 2018

It believes thousands more jobs could be created at the 570-worker plant as it plans further investment into the site to create an worldwide aluminium products hub to tap into the growing demand for aluminium particular from the automotive sector. (more...)
Retail inflation touches 17-month high in December, dashes rate cut hopes Retail inflation touches 17-month high in December, dashes rate cut hopes
- January 12, 2018

The inflation, based on monthly WPI (Wholesale Price Index), rose to eight-month high of 3.93 per cent for November on the back of rise in food and fuel prices. Despite a cut in taxes, retail petrol prices have risen 5.6 per cent and diesel by 9 per cent since June in Delhi. The cost of medical care increased 0.3 percent, with prices for prescription medication surging 1.0 percent after rising 0.6 percent in November. (more...)
Do What Insiders Does: Wells Fargo & Company (WFC), Pfizer Inc. (PFE) Do What Insiders Does: Wells Fargo & Company (WFC), Pfizer Inc. (PFE)
- January 12, 2018

It dropped, as 44 investors sold NSC shares while 341 reduced holdings. (ADBE)'s stock rose 14.01%. The institutional investor held 9,115 shares of the major banks company at the end of 2017Q3, valued at $231,000, down from 1.36 million at the end of the previous reported quarter. (more...)
Gilbert & Cook Inc. Cuts Stake in JPMorgan Chase & Co. (JPM) Gilbert & Cook Inc. Cuts Stake in JPMorgan Chase & Co. (JPM)
- January 12, 2018

About 91,066 shares traded. Lumber Liquidators Holdings, Inc. (NYSE:ORN) has risen 49.48% since January 11, 2017 and is uptrending. It has outperformed by 3.59% the S&P500. Seizert Prtn Ltd Com has 1.84% invested in JPMorgan Chase & Co. (NYSE: JPM ). 403,101 are owned by Associated Banc. Pax World Management Llc who had been investing in Procter & Gamble Co. (more...)
Infosys net profit jumps 38% to Rs. 5129 cr Infosys net profit jumps 38% to Rs. 5129 cr
- January 12, 2018

Profits for the three months ended December 31 rose to Rs 5,129 crore from Rs 3,708 crore for the year-earlier period, Infosys , which counts JP Morgan Chase, Bank of America, Citigroup, Vodafone, BP Plc and Johnson Controls among its clients, said in a press release on Friday. (more...)
Dominic Chappell found guilty in BHS pension case Dominic Chappell found guilty in BHS pension case
- January 12, 2018

The colourful businessman and former racing driver, three-times bankrupt Chappell, pictured left , bought BHS for just £1 from retail tycoon Sir Philip Green in March 2015. The case is not the end of the line for Chappell as the regulator is still seeking a huge amount of money to help plug BHS pension deficit. Chappell told the court Sir Philip had kept details of a huge deficit "hidden" for more than a decade and he had tried to work out a way the deficit could be managed properly. (more...)
GM introduces self-driving vehicle without a steering wheel GM introduces self-driving vehicle without a steering wheel
- January 12, 2018

Waymo announced in November that it was removing test drivers from the front seat. General Motors announced Friday morning, January 12 that it has asked the government for permission to put mass-produced, autonomous cars on the road without a steering wheel or any pedals by next year. (more...)
Delta Air Lines apologises after listing Taiwan, Tibet as countries on website Delta Air Lines apologises after listing Taiwan, Tibet as countries on website
- January 12, 2018

China has ordered an investigation after the Marriott hotel chain reportedly listed Tibet as a "country" in an e-mail questionnaire survey. Marriott said it was "deeply sorry for the questionnaires", adding that management realized that the mistake "would deeply disappoint our Chinese customers". (more...)
China's December imports growth weakest in a year, exports beat forecast China's December imports growth weakest in a year, exports beat forecast
- January 12, 2018

Russian Federation estimated in 2016 that the annual trade flows between the two world powers were at $66.1 billion. Economists had expected China's trade surplus to have narrowed to $37 billion in December from November's $40.21 billion. (more...)
Everything President Trump has tweeted (and what it was about) Everything President Trump has tweeted (and what it was about)
- January 12, 2018

The new plant in Huntsville - already a hub for the region's budding aerospace industry - will produce 300,000 vehicles per year, a combination of the Toyota Corolla compact auto and a new small crossover SUV from Mazda . "Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S". "Starting from 2021, I'm confident that we will run a highly competitive plant, by bringing together the expertise of Toyota and Mazda as well as the excellent Alabama workforce. (more...)

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