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Today Analysts Focus on Caterpillar Inc. (CAT), Fossil Group, Inc. (FOSL) Today Analysts Focus on Caterpillar Inc. (CAT), Fossil Group, Inc. (FOSL)
- August 09, 2017

Finally, Cowen and Company lowered their target price on Fossil Group from $15.00 to $12.00 and set a "market perform" rating on the stock in a research note on Wednesday, May 10th. Renaissance Technologies LLC purchased a new position in Fossil Group during the fourth quarter worth $217,000. The number of shares that were traded during the day was 5.25 million, which corresponds to its 3-month volume average of 2.55 million shares a day. (more...)
S&P, Dow edge up to new all-time highs S&P, Dow edge up to new all-time highs
- August 09, 2017

The Standard & Poor's 500 index fell 5.99 points, or 0.2 percent, to 2,474.92. Meanwhile, the technology-heavy Nasdaq Composite Index (NYSEARCA:QQQ) rose 0.5% to 6,381.99. Apple rose as much as 1.91 percent to an all-time high and provided the biggest boost to all three major indexes. Warren Buffett's Berkshire Hathaway was down 1.11 percent after the company reported a drop in second-quarter profit. (more...)
Cayetano says China, Japan fueling economic growth in ASEAN Cayetano says China, Japan fueling economic growth in ASEAN
- August 09, 2017

Freeland said Canadian Prime Minister Justin Trudeau is expected to attend the ASEAN Economic Leaders' Meeting held in Vietnam's central coastal city of Da Nang in November 2017. Australia, Japan, and the US also reiterated its urge for claimants to "refrain from land reclamation, construction of outposts, militarization of disputed features, and undertaking unilateral actions that cause permanent physical change to the marine environment in areas pending delimitation". (more...)
Avis Budget Group, Inc
- August 09, 2017

Avis Budget Group had a return on equity of 74.55% and a net margin of 1.24%. A number of other hedge funds have also recently bought and sold shares of the stock. LS Investment Advisors LLC raised its position in Avis Budget Group by 27.6% in the first quarter. The biggest holder now is Mr. Henry R. Silverman who owns 9,237,826 shares (10.97% of those outstanding), whilst Ronald L. (more...)
Crude Oil Clings To $49 As Saudis Dig In Crude Oil Clings To $49 As Saudis Dig In
- August 09, 2017

An official familiar with the matter told Reuters that Saudi Arabian state oil company Aramco will decrease designated customer allocation next month by almost 520,000 barrels per day (bpd). On Tuesday, afternoon, industry group the American Petroleum Institute will release its figures on US oil inventories. "The reality is OPEC has no way of enforcing the production caps", said Gao Jian, an analyst at SCI International. (more...)
Dow notches 9th straight record close
- August 09, 2017

The S&P 500 lost six points, or 0.24%, to close at 2,475 and the Nasdaq Composite dropped 13 points, or 0.21%, to 6,370. Nasdaq 100 e-minis were up 7.25 points, or 0.12 percent, on volume of 16,846 contracts. In small-caps, the Russell 2000 Index closed at 1,410.15 for a loss of 4.02 points or 0.28%. Tech stocks have contributed greatly to the stock market this year, rising over 20 percent. (more...)
Bollard Group LLC Has $324000 Stake in Antero Midstream Partners LP Bollard Group LLC Has $324000 Stake in Antero Midstream Partners LP
- August 09, 2017

It has underperformed by 14.11% the S&P500. Bonness Enterprises Inc decreased Masco Corp. (CBZ) by 5.48% based on its latest 2016Q4 regulatory filing with the SEC. The firm has "Sector Perform" rating by Howard Weil given on Tuesday, December 15. Wells Fargo downgraded the stock to "Market Perform" rating in Monday, January 18 report. (more...)
US Osprey That Went Down Off Australia Located US Osprey That Went Down Off Australia Located
- August 09, 2017

The families of the three missing US Marines were informed on Sunday that the search for survivors had been called off and replaced with a recovery operation. 'Please keep the families of those involved in the Osprey mishap near Australia in your thoughts and prayers, ' Marine Corps Commandant Robert Neller said. (more...)
Plains Group Holdings, LP (PAGP) Downgraded by Zacks Investment Research to Hold Plains Group Holdings, LP (PAGP) Downgraded by Zacks Investment Research to Hold
- August 09, 2017

The 8 months bearish chart indicates high risk for the $15.32 billion company. It was reported on Aug, 8 by Barchart.com. At the time of writing, the First Call consensus price target for the company is $31.35. (-) PAA, Downgrade to Neutral from Outperform at Robert W. Baird, which also pared its price target for the stock by $6 to $24 a share. The firm has "Neutral" rating given on Thursday, November 5 by Credit Suisse. (more...)
Triumph Motorcycles announces global partnership Triumph Motorcycles announces global partnership
- August 09, 2017

In the Indian and largely global contexts that is the 250-500cc space, where Triumph now has no products. Interestingly, while speaking - on the engagement of engineering teams at Bajaj and Triumph - to the TV channel, Bajaj also spoke about SKUs under partnership with Triumph Motorcycles . (more...)
Careem Partners with Chinese Ride-Hailing Giant Didi Chuxing Careem Partners with Chinese Ride-Hailing Giant Didi Chuxing
- August 09, 2017

No financial details of the investment were disclosed. Careem, a Middle East rival to Uber Technologies Inc, offers services to 12 million customers in 13 countries, predominantly in the Middle East, the company said. In June 2017, Prince Alwaleed Bin Talal invested $62 million for a 7.11% stake in the ride-hailing app as part of a larger $150 million Series E funding round including luxury auto maker Daimler. (more...)
Two types of Rs 500 notes? Congress alleges BJP in Rajya Sabha Two types of Rs 500 notes? Congress alleges BJP in Rajya Sabha
- August 09, 2017

Using this discrepancy as an example to attack the Centre, the Congress said that this showed how the government was treating the entire economy. Not satisfied, Congress members trooped into the well raising slogans and the House was adjourned for 15 minutes till 1143. (more...)
Mazda claims new gasoline engine is world's most efficient Mazda claims new gasoline engine is world's most efficient
- August 09, 2017

The system, labelled Spark Controlled Compression Ignition, mixes petrol and air together in the engine's cylinder like a regular spark ignition engine, but then ignites it using compression at lower load or with a spark at higher loads. Mazda's engine technology makes up the heart of the automaker, said one of its top executives. The new engines capable of HCCI, which will be known as SkyActiv-X, are thought to be destined for the next-generation Mazda 3 compact hatchback and sedan. (more...)
Uber Co-Founder Said Travis Not Returning as CEO
- August 09, 2017

We have committed to hiring a new world class CEO to lead Uber". The company is struggling to hire a replacement for Kalanick, in part because the former chief executive remains on Uber's board and is a member of the committee seeking his successor. (more...)
United Kingdom payments processor Worldpay agrees £9.3bn merger with USA rival Vantiv United Kingdom payments processor Worldpay agrees £9.3bn merger with USA rival Vantiv
- August 09, 2017

Charles Drucker, the Vantiv chief executive, will head the group as executive chairman and co-chief executive. "The boards of directors of Vantiv and Worldpay are pleased to announce that they have reached agreement on the terms of a recommended merger of Worldpay with Vantiv.in the form of a recommended offer", they said in a statement to the London Stock Exchange . (more...)
Emails Show USDA Staff Told to 'Avoid' Term 'Climate Change' Under Trump Emails Show USDA Staff Told to 'Avoid' Term 'Climate Change' Under Trump
- August 09, 2017

She then went on to create a list of words to avoid and offered substitutes instead, including replacing " climate change " with " weather extremes ", according to reports . The newspaper obtained a series of emails between staff at the department's Natural Resources Conservation Service . It is also encouraging more coal mining on lands owned by the federal government, as reported by The New York Times . (more...)
ASEAN vexed by South China Sea disputes as Phnom Penh backs Beijing ASEAN vexed by South China Sea disputes as Phnom Penh backs Beijing
- August 09, 2017

The ministers traditionally issue a communique containing their diverse concerns, and their issuance of a separate statement on North Korea's missile tests and nuclear weapons program reflects their deep worries about the issue. A few months before that ruling, 12 nations in the Pacific region concluded more than seven years of negotiations by signing the Trans-Pacific Partnership, or TPP, a trade agreement that bound much of Southeast Asia together with the United States and Japan in an ... (more...)
ASEAN, Japan, China, South Korea agree to bolster financial cooperation ASEAN, Japan, China, South Korea agree to bolster financial cooperation
- August 09, 2017

But hang on, haven't we heard this before? Tensions flared alarmingly in recent years over China's island-building works in one of the most disputed regions, where US naval and aerial patrols have challenged Beijing's claims. Prominent Philippine academic Richard Heydarian said "overall it's a slam dunk diplomatic victory for China". In July Vietnam shut down drilling for oil and gas 400 kilometres off its coast after China threatened to attack its bases in disputed waters. (more...)
Techie returns from United States, finds mother's decomposed body in Andheri flat Techie returns from United States, finds mother's decomposed body in Andheri flat
- August 09, 2017

Ruturaj, who moved to the United States in 1996-97, fell out with his mom after she remarried after his father's death. When Rituraj Sahani arrived from the U.S. But after April 2016, he did not make attempts to contact her and wanted to surprise her during this visit. "The post-mortem report, too, will give us some clarity on the time of death", said an officer. (more...)
SSP Group PLC (LON:SSPG) Price Target Raised to GBX 470 SSP Group PLC (LON:SSPG) Price Target Raised to GBX 470
- August 09, 2017

Moreover, South Dakota Investment Council has 0.75% invested in the company for 1.02 million shares. It also reduced Thermo Electron Corp (NYSE:TMO) stake by 41,928 shares and now owns 3,265 shares. RBC Capital Markets maintained Britvic Plc (LON:BVIC) rating on Friday, April 8. Mj Gleeson Plc (LON:GLE) had its price target hoisted by Berenberg Bank from GBX 740 ($9.64) to GBX 820 ($10.68) in a report released on Tuesday, July 18th, MarketBeat reports. (more...)